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NEWS RELEASE
EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, WEDNESDAY, JULY 31, 2013
Lisa Mataloni:
Recorded message:

(202) 606-5304 (GDP)
(202) 606-5306

gdpniwd@bea.gov

BEA 13-34

Nicole Mayerhauser: (202) 606-9715 (Revision)
Brent Moulton:
(202) 606-9606
NATIONAL INCOME AND PRODUCT ACCOUNTS
GROSS DOMESTIC PRODUCT: SECOND QUARTER 2013 (ADVANCE ESTIMATE)
COMPREHENSIVE REVISION: 1929 THROUGH FIRST QUARTER 2013
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.7 percent in the second quarter of 2013
(that is, from the first quarter to the second quarter), according to the "advance" estimate released by the
Bureau of Economic Analysis. In the first quarter, real GDP increased 1.1 percent (revised).
The Bureau emphasized that the second-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see the box on page 3 and "Comparisons of Revisions to GDP" on page 18). The "second" estimate for the second quarter, based on more complete data, will be released on August 29, 2013.
The increase in real GDP in the second quarter primarily reflected positive contributions from personal consumption expenditures (PCE), exports, nonresidential fixed investment, private inventory investment, and residential investment that were partly offset by a negative contribution from federal government spending. Imports, which are a subtraction in the calculation of GDP, increased.
The acceleration in real GDP in the second quarter primarily reflected upturns in nonresidential fixed investment and in exports, a smaller decrease in federal government spending, and an upturn in state and local government spending that were partly offset by an acceleration in imports and decelerations in private inventory investment and in PCE.
Comprehensive Revision of the National Income and Product Accounts
The estimates released today reflect the results of the 14th comprehensive (or benchmark) revision of the national income and product accounts (NIPAs) in conjunction with the second quarter 2013
"advance" estimate. More information on the revision is available on BEA’s Web site at www.bea.gov/gdp-revisions. NOTE. Quarterly estimates are expressed at seasonally adjusted annual rates, unless otherwise specified. Quarter-to-quarter dollar changes are differences between these published estimates. Percent changes are calculated from unrounded data and are annualized. "Real" estimates are in chained (2009) dollars. Price indexes are chain-type measures.
This news release is available on BEA’s Web site along with the Technical Note and Highlights related to this release.

The price index for gross domestic purchases, which measures prices paid by U.S. residents, increased 0.3 percent in the second quarter, compared with an increase of 1.2 percent in the first.
Excluding food and energy prices, the price index for gross domestic purchases increased 0.8 percent in the second quarter compared with 1.4 percent in the first.
Real personal consumption expenditures increased 1.8 percent in the second quarter, compared with an increase of 2.3 percent in the first. Durable goods increased 6.5 percent, compared with an increase of 5.8 percent. Nondurable goods increased 2.0 percent, compared with an increase of 2.7 percent. Services increased 0.9 percent, compared with an increase of 1.5 percent.
Real nonresidential fixed investment increased 4.6 percent in the second quarter, in contrast to a decrease of 4.6 percent in the first. Nonresidential structures increased 6.8 percent, in contrast to a decrease of 25.7 percent. Equipment increased 4.1 percent, compared with an increase of 1.6 percent.
Intellectual property products increased 3.8 percent, compared with an increase of 3.7 percent. Real residential fixed investment increased 13.4 percent, compared with an increase of 12.5 percent.
Real exports of goods and services increased 5.4 percent in the second quarter, in contrast to a decrease of 1.3 percent in the first. Real imports of goods and services increased 9.5 percent, compared with an increase of 0.6 percent.
Real federal government consumption expenditures and gross investment decreased 1.5 percent in the second quarter, compared with a decrease of 8.4 percent in the first. National defense decreased
0.5 percent, compared with a decrease of 11.2 percent. Nondefense decreased 3.2 percent, compared with a decrease of 3.6 percent. Real state and local government consumption expenditures and gross investment increased 0.3 percent, in contrast to a decrease of 1.3 percent.
The change in real private inventories added 0.41 percentage point to the second-quarter change in real GDP after adding 0.93 percentage point to the first-quarter change. Private businesses increased inventories $56.7 billion in the second quarter, following increases of $42.2 billion in the first quarter and $7.3 billion in the fourth.
Real final sales of domestic product -- GDP less change in private inventories -- increased 1.3 percent in the second quarter, compared with an increase of 0.2 percent in the first.

Gross domestic purchases
Real gross domestic purchases -- purchases by U.S. residents of goods and services wherever produced -- increased 2.4 percent in the second quarter, compared with an increase of 1.4 percent in the first. Disposition of personal income
Current-dollar personal income increased $140.1 billion (4.1 percent) in the second quarter, in contrast to a decrease of $157.1 billion (4.4 percent) in the first. The upturn in personal income primarily reflected sharp upturns in personal dividend income and in wages and salaries and a sharp deceleration in contributions for government social insurance (a subtraction in the calculation of personal income).

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Personal dividend income increased in the second quarter, in contrast to a large decrease in the first. The first-quarter decline in dividend income primarily reflected the accelerated and special dividends that were paid by many companies in the fourth quarter of 2012.



Wages and salaries increased in the second quarter, in contrast to a decrease in the first. The first-quarter decline in wages and salaries is based on preliminary quarterly census of employment and wages data from the Bureau of Labor Statistics.



The sharp deceleration in contributions for government social insurance primarily reflected the first-quarter expiration of the "payroll tax holiday" that increased the social security contribution rate for employees and self-employed workers by 2.0 percentage points.

Personal current taxes increased $36.0 billion in the second quarter, compared with an increase of $74.3 billion in the first.
Disposable personal income increased $104.1 billion (3.4 percent) in the second quarter, in contrast to a decrease of $231.5 billion (7.2 percent) in the first. Real disposable personal income increased 3.4 percent, in contrast to a decrease of 8.2 percent.
Personal outlays increased $44.7 billion (1.5 percent) in the second quarter, compared with an increase of $98.7 billion (3.4 percent) in the first. Personal saving -- disposable personal income less personal outlays -- was $553.4 billion in the second quarter, compared with $494.0 billion in the first.
The personal saving rate -- personal saving as a percentage of disposable personal income -- was
4.5 percent in the second quarter, compared with 4.0 percent in the first. For a comparison of personal saving in BEA’s national income and product accounts with personal saving in the Federal Reserve
Board’s flow of funds accounts and data on changes in net worth, go to www.bea.gov/national/nipaweb/Nipa-Frb.asp Current-dollar GDP
Current-dollar GDP -- the market value of the nation's output of goods and services -- increased
2.4 percent, or $98.1 billion, in the second quarter to a level of $16,633.4 billion. In the first quarter, current-dollar GDP increased 2.8 percent, or $115.0 billion.

Information on the assumptions used for unavailable source data is provided in a technical note that is posted with the news release on BEA's Web site. Within a few days after the release, a detailed "Key Source Data and Assumptions" file is posted on the Web site. In the middle of each month, an analysis of the current quarterly estimate of GDP and related series is made available on the Web site; click on Survey of Current Business, "GDP and the
Economy." For information on revisions, see "Revisions to GDP, GDI, and Their Major
Components."

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COMPREHENSIVE REVISION OF THE NATIONAL INCOME AND PRODUCT
ACCOUNTS: 1929 THROUGH FIRST QUARTER 2013
Today, BEA released revised statistics of gross domestic product (GDP) and of other national income and product accounts (NIPAs) series from 1929 through the first quarter of 2013.
Comprehensive revisions, which are carried out about every 5 years, are an important part of BEA’s regular process for improving and modernizing its accounts to keep pace with the ever-changing U.S. economy. Most of the tables in this release present revised statistics for 2002 through the first quarter of
2013. Selected NIPA tables, with statistics from 1929 forward, are available on BEA's Web site
(www.bea.gov). Most of the remaining NIPA tables will be released later in August. An article describing the statistics will be published in the September 2013 issue of BEA’s monthly journal, the
Survey of Current Business.

Summary of revisions
The picture of the economy shown in the revised estimates is very similar in broad outline to the picture shown in the previously published estimates. The similarity and some of the differences can be seen in the following:


For 1929–2012, the average annual growth rate of real GDP was 3.3 percent, 0.1 percentage point higher than in the previously published estimates. For the more recent period, 2002–2012, the growth rate was 1.8 percent, 0.2 percentage point higher than in the previously published estimates. •

For 2002–2012, the average rate of change in the prices paid by U.S. residents was 2.3 percent,
0.1 percentage point lower than in the previously published estimates.



For 2009–2012, the average annual growth rate of real GDP was 2.4 percent, 0.3 percentage point higher than in the previously published estimates. The percent change in real GDP was revised up 0.1 percentage point for 2010, was unrevised for 2011, and was revised up 0.6 percentage point for 2012.



For the period of contraction from the fourth quarter of 2007 to the second quarter of 2009, real
GDP decreased at an average annual rate of 2.9 percent; in the previously published estimates, it decreased 3.2 percent.



For the period of expansion from the second quarter of 2009 to the first quarter of 2013, real
GDP increased at an average annual rate of 2.2 percent; in the previously published estimates, it increased 2.1 percent.

Improvements incorporated in this comprehensive revision
Comprehensive revisions encompass three major types of improvements:

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Changes in definitions and in classifications that update the accounts to more accurately portray the evolving U.S. economy,



Changes in presentations that make the NIPA tables more informative, and



Statistical changes that introduce new and improved methodologies and that bring in newly available and revised source data (see box on page 8).

The improvements incorporated in the revised estimates have been previewed in a series of articles in the Survey and are available on BEA’s Web site at www.bea.gov/gdp-revisions.
Changes in definitions, classifications, and presentations. The changes in definitions, in classifications, and in presentations introduced in this comprehensive revision include the following:


Expenditures by business, government, and nonprofit institutions serving households (NPISH) for research and development (R&D) are recognized as fixed investment. The new treatment improves BEA’s measures of fixed investment and allows users to better measure the effects of innovation and intangible assets on the economy.



Similarly, expenditures by private enterprises for the creation of entertainment, literary, and artistic originals are recognized as fixed investment, further expanding BEA’s measures of intangible assets.



In the NIPA fixed investment tables, a new category of investment, "intellectual property products," consists of research and development; entertainment, literary, and artistic originals; and software.



Transactions of defined benefit pension plans are recorded on an accrual accounting basis, which recognizes the costs of unfunded liabilities.



An expanded set of ownership transfer costs for residential fixed assets is recognized as fixed investment, and the accuracy of the associated asset values and services lives is improved.



The reference year for the chain-type quantity and price indexes and for the chained-dollar estimates is updated to 2009 from 2005.

Statistical changes. Important statistical changes that introduce new and improved methodologies and that bring in newly available source data include the following:


BEA’s 2007 benchmark input-output (I-O) accounts, which provide the most thorough and detailed information on the structure of the U.S. economy, are used to benchmark the expenditure components of GDP and some of the income components.



Beginning with 1966, the estimates of employers’ contributions to state and local governmentsponsored defined contribution pension plans are improved by incorporating new source data.



Beginning with 1985, the methods for computing financial services provided by commercial banks are improved to establish a more accurate picture of banking output.

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Beginning with 1993, the estimates of proprietors’ income are improved by more accurately accounting for the capital gains and losses attributable to corporate partners.



Beginning with 1993, the estimates of mortgage interest paid for nonfarm permanent-site housing are improved by incorporating several new data sources.

A table that summarizes the major sources of revision for selected NIPA components is available on
BEA’s Web site at www.bea.gov/gdp-revisions.
Effects of improvements on major aggregates. The improvements and the new and revised source data incorporated with this comprehensive revision have notable effects on current-dollar NIPA aggregates without changing broad economic trends or the general patterns of business cycles. In the aggregate, changes in definitions (mainly the recognition of new forms of fixed investment) have the largest effect on current-dollar GDP and GDI for 1929–2012, and statistical changes (improved data and methodologies) tend to have smaller effects. For example, for 2012, the level of current-dollar GDP was revised up $559.8 billion; $526.0 billion of this upward revision resulted from definitional changes.

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Changes in definitions (mainly accrual accounting for defined benefit pension plans, which credits households with the value of accrued benefits from these plans) raise personal income and personal saving; statistical changes have mixed effects on personal income and on personal saving.

News release tables. This release includes the tables that will be regularly shown in future GDP news releases; in addition, special tables have been included to highlight the effects of the comprehensive revision. The special tables are:


Tables 1A, 2A, and 4A compare revised and previously published estimates for percent changes in real GDP, for contributions to percent change in real GDP, and for percent changes in chaintype price indexes for GDP and related measures, respectively;



Tables 7A, 7B, and 7C show annual levels, percent changes, and revisions to percent changes for current-dollar GDP, for real (chained-dollar) GDP, and for chain-type price indexes for GDP, respectively; •

Table 12C shows revisions to corporate profits by industry.

Most of the tables show annual estimates beginning with 2002; quarterly estimates (if shown) begin with the first quarter of 2007. Three of the regular tables -- tables 3, 11, and 12 -- are split into A and B segments in this release to accommodate this longer-than-usual time span.
With this release, selected NIPA tables are available on BEA’s Web site. Most of the remaining
NIPA tables will be available later in August.

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New and revised data
The revised estimates reflect the incorporation of newly available and revised source data. The most important source data that affect the estimates are BEA’s benchmark 2007 input-output (I-O) accounts. 1 The revised estimates also incorporate data on inventories, on receipts and expenses of business establishments and of governments, on sales by detailed commodity and by product line, on final industry and product shipments from the 2007 Economic Census, and on trade margins from both the 2007 Economic Census and the 2007 annual surveys of merchant wholesale and of retail trade. In addition, the revised estimates incorporate monthly and annual Census Bureau industry data on manufacturing, on wholesale trade, and on retail trade for 2003 forward. The revised estimates also reflect data on housing from the 2010 decennial Census of Population and Housing. Estimates that are based on BEA’s international transactions accounts (ITAs) -- primarily net exports of goods and services and rest-of-the-world income receipts and payments -- were revised to reflect improvements to the ITAs that were introduced since 2009. Estimates of underreported income were revised using Internal
Revenue Service (IRS) National Research Program data for 2006. Other data that were incorporated include revised data on the expenditures and receipts of state and local governments for fiscal years
2006–2009 from the Census Bureau.
The revised estimates for 2010–2012 also reflect the incorporation of newly available and revised source data that became available since the last annual NIPA revision in July 2012. The most important of these data sources are Census Bureau annual surveys of state and local governments for fiscal year 2010 (revised) and fiscal year 2011 (preliminary), of manufactures for 2010 (revised) and
2011 (preliminary), of merchant wholesale trade and of retail trade for 2010 (revised) and 2011
(preliminary), and of services and of the value of construction spending for 2010 and 2011 (revised) and
2012 (preliminary); federal government budget data for fiscal years 2012 and 2013 (revised); Bureau of
Labor Statistics (BLS) quarterly census of employment and wages (QCEW) for 2010–2012 (revised);
IRS tabulations of corporate tax returns for 2010 (revised) and 2011 (preliminary) and of sole proprietorship and partnership tax returns for 2011; and U.S. Department of Agriculture (USDA) farm statistics for 2010–2012 (revised).
Data from BEA’s annual revision of the ITAs were incorporated for 2010–2012 for most components at their "best level;" revisions for earlier years, along with data from the June 2014 revision of the ITAs, will be incorporated in the NIPAs in the 2014 annual revision.

1

The 2007 benchmark input-output accounts are scheduled for release in December 2013. At that time, BEA will also release the comprehensive revision of the annual industry accounts, which will be consistent with this comprehensive revision of the
NIPAs.

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The revisions
For this comprehensive revision, many current-dollar estimates were revised back to 1929, the earliest year for which NIPA estimates are available, as a result of changes in definitions, in classifications, and in presentations.
Real GDP growth. For 1929–2012, the average annual growth rate of real GDP was 3.3 percent, 0.1 percentage point higher than in the previously published estimates. For the more recent period, 2002–2012, the average annual growth rate was 1.8 percent, 0.2 percentage point higher than in the previously published estimates. For the most recent years, 2009–2012, the average annual growth rate of real GDP was 2.4 percent, 0.3 percentage point higher than in the previously published estimates.
For the 3 most recent years, the annual growth rate:




was revised up from 2.4 percent to 2.5 percent for 2010, was unrevised at 1.8 percent for 2011, and was revised up from 2.2 percent to 2.8 percent for 2012.

Real GDI growth. For 1929–2012, the average annual growth rate of real GDI was 3.3 percent,
0.1 percentage point higher than in the previously published estimates. For the more recent period,
2002–2012, the average annual growth rate was 1.8 percent, 0.2 percentage point higher than in the previously published estimates. For the most recent years, 2009–2012, the average annual growth rate of real GDI was 2.6 percent, 0.3 percentage point higher than in the previously published estimates. For the 3 most recent years, the annual growth rate:




was revised down from 3.1 percent to 2.7 percent for 2010, was revised up from 1.8 percent to 2.5 percent for 2011, and was revised up from 2.2 percent to 2.5 percent for 2012.

Business cycles. For the contraction that lasted from the fourth quarter of 2007 to the second quarter of 2009, real GDP decreased at a 2.9 percent annual rate; in the previously published estimates, it decreased 3.2 percent. The cumulative decrease in real GDP (not at an annual rate) was 4.3 percent; in the previously published estimates, the cumulative decrease was 4.7 percent. In the revised estimates, real GDP decreased in the first, third, and fourth quarters of 2008 and in the first and second quarters of
2009.
For the expansion from the second quarter of 2009 to the first quarter of 2013, real GDP increased at a 2.2 percent annual rate; in the previously published estimates, it increased 2.1 percent.
From the third quarter of 2009 to the first quarter of 2013, real GDP increased in all quarters except for the first quarter of 2011, when real GDP decreased 1.3 percent; in the previously published estimates, real GDP increased in all quarters during this period. Earlier business cycles show little revision.
Price changes. The revisions to major price indexes are small. For 1929–2012, the average annual increase in the price index for gross domestic purchases was revised down from 3.0 percent to
2.9 percent; the average annual increase in the price index for GDP was unrevised at 2.9 percent. For
2002–2012, the average annual increase in the price index for gross domestic purchases was revised down from 2.4 percent to 2.3 percent; the average annual increase in the price index for GDP was revised down from 2.3 percent to 2.1 percent. For 2009–2012, the average annual increase in the price index for gross domestic purchases was revised down from 1.9 percent to 1.8 percent; the average annual increase in the price index for GDP was revised down from 1.8 percent to 1.6 percent.

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For 1929–2012, the average annual increase in the price index for personal consumption expenditures (PCE) was unrevised at 2.9 percent. For 2002–2012, the average annual increase in the
PCE price index was revised down from 2.2 percent to 2.1 percent. For 2009–2012, the average annual increase in the PCE price index was unrevised at 2.0 percent.
Real disposable personal income (DPI) growth. For 1929–2012, the average annual increase in real DPI was 3.2 percent, 0.1 percentage point higher than in the previously published estimates. For
2002–2012, the average annual increase was 2.0 percent, 0.2 percentage point higher than in the previously published estimates. For 2009–2012, the average annual increase was 1.8 percent, 0.2 percentage point higher than in the previously published estimates.
Personal saving. Personal saving (DPI less personal outlays) was revised up for 1929–2007, down for 2008, and up for 2009–2012. These revisions reflect the revisions to DPI and are mainly the result of adopting the accrual treatment of defined benefit pension plans. The personal saving rate
(personal saving as a percentage of DPI) was revised up for 1929–2007, down for 2008, and up for
2009–2012, reflecting the revisions to personal saving.

Revisions to current-dollar estimates
The revisions to current-dollar GDP, to personal income and its disposition, and to national income are shown in table 1B. This table shows the "revisions in level," that is, the revised estimates less the previously published estimates; table 1B also shows the revisions as a percent of the previously published estimates for selected years. The revised levels of annual GDP and its major components for
1965–2012, along with percent changes from the preceding year and revisions to the percent changes, are shown in table 7A.
GDP. Current-dollar GDP was revised up for all years (1929–2012). The upward revisions to current-dollar GDP mainly reflect the recognition of additional expenditures -- for R&D; for the creation of entertainment, literary, and artistic originals; and for an expanded set of ownership transfer costs -- as fixed investment (see "Revision Analysis for GDP, 2012"). The new accrual treatment for governmentsponsored defined benefit pension plans results in revisions to current-dollar GDP through revisions to supplements to wages and salaries for government employees (specifically, employer contributions for employee pension and insurance funds); these revisions are upward for 1929–1978, downward for
1979–1991, and upward for 1992–2012.
Revision Analysis for GDP, 2012
(Billions of current dollars)
Total Revision

559.8

Due to major definitional changes

526.0

Capitalization of research and development
Capitalization of entertainment, literary, and artistic originals
Expanded set of ownership transfer costs for residential fixed assets
Accrual accounting for defined benefit pension programs

396.7
74.3
42.3
12.6

Due to statistical changes

33.8

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PCE. Revisions to PCE are generally small before 1985; PCE was revised up for 1985 and
1986, down for 1987–2011, and up for 2012. PCE for services accounts for most of the revisions for all years except for 2011.
Services. PCE for services was revised up for 1985 and 1986, down for 1987–2010, and up for
2011 and 2012. For most years beginning with 1985, the improved method for estimating services of commercial banks results in downward revisions to PCE for financial services. For 1965–2012 (and for several prior years), the gross output of NPISH was revised down; the removal of R&D expenses of
NPISH (and their reclassification as fixed investment) more than offsets the addition to expenses of consumption of fixed capital (CFC) for R&D capital. The revisions also reflect the incorporation of the
2007 benchmark I-O accounts, of new and revised annual Census Bureau surveys of services, and of other new and revised source data.
Goods. Revisions to PCE for goods begin with 1998 and follow a mixed pattern, with downward revisions for 2010–2012. The revisions to PCE for goods reflect the incorporation of the
2007 benchmark I-O accounts, of new and revised data from the Census Bureau’s retail trade surveys, and of other new and revised source data.
Private fixed investment. Current-dollar private fixed investment was revised up for 1929–
2012. The upward revisions reflect the recognition of additional expenditures -- for R&D; for the creation of entertainment, literary, and artistic originals; and for an expanded set of ownership transfer costs -- as fixed investment.
Nonresidential structures. The downward revisions for 2003–2012 primarily reflect the incorporation of data from the 2007 benchmark I-O accounts, of revised footage drilled and expenditure data from the Census Bureau and trade sources, and of revised Census Bureau construction spending data. Equipment. Software is now classified as part of intellectual property products rather than as part of private equipment and software. Private equipment (without software) was revised up for 2003–
2012, reflecting the incorporation of BEA’s 2007 benchmark I-O accounts, of new and revised Census
Bureau surveys of manufactures, and of other new and revised source data.
Residential fixed investment. The upward revisions to residential fixed investment for 1929–
2012 mainly reflect the recognition of an expanded set of ownership transfer costs for residential fixed assets as fixed investment. The revisions also reflect the incorporation of data from the 2007 benchmark
I-O accounts and of new and revised data from the Census Bureau surveys of construction spending.
Intellectual property products. Beginning with this comprehensive revision, the NIPA tables include a new category of fixed investment, "intellectual property products." The recognition of expenditures for R&D and for the creation of entertainment, literary, and artistic originals as fixed investment results in upward revisions to gross private domestic investment. The downward revisions to software investment for 2010–2012 (and small revisions for 2003–2009) reflect the incorporation of the
2007 benchmark I-O accounts and of new and revised annual Census Bureau surveys of services.

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Change in private inventories. The revisions begin with 2002 and are mostly upward; the revisions are dominated by revisions to nonfarm inventories for 2002–2010 and by farm inventories for
2011 and 2012. The revisions to nonfarm inventories reflect data from a variety of sources, including newly available and revised Census Bureau data on inventory book values, and the incorporation of new commodity price weights from the 2007 benchmark I-O accounts. The revisions to farm inventories reflect revised USDA farm statistics for 2010–2012.
Exports and imports of goods and services. Revisions to net exports of goods and services are generally small before 2002; the revisions are upward for 2002–2007, downward for 2008–2011, and upward for 2012. The revisions to net exports are mostly due to revisions to exports for 2002–2009 and for 2012 and are mostly due to revisions to imports for 2010 and 2011. Exports were revised up for
2002–2007, down for 2008–2010, and up for 2011and 2012. The revisions to imports are upward for
2010 and 2011 and are small for other years. The estimates reflect the incorporation of revised data from BEA’s ITAs for 1999–2012.
Government consumption expenditures and gross investment. Government consumption expenditures and gross investment was revised up for 1929–2012. The revisions mainly reflect the recognition of expenditures for R&D as fixed investment and the addition to consumption expenditures of the CFC for R&D assets.
Federal government. The upward revisions to federal government consumption expenditures and gross investment for 1929–2012 mainly reflect the recognition of expenditures for R&D as fixed investment. The new accrual treatment for defined benefit pension plans results in upward revisions to contributions for employee pension and insurance funds for 1929–1979 and downward revisions for
1980–2012. The revisions also reflect improved source data and methods, including revised federal budget data for 2012 and 2013.
State and local government. State and local government consumption expenditures and gross investment was revised up for 1929–1975, down for 1976–1988, and up for 1989–2012. These revisions mainly reflect the new accrual approach for measuring state and local government-sponsored defined benefit pension plans, which results in revisions to state and local government contributions for employee pension and insurance funds that are upward for 1929–1978, downward for 1979–1986, and upward for 1987–2012. Revisions also result from statistical changes, including the incorporation of improved source data on expenditures for defined contribution pension plans and the improved method for estimating services of commercial banks. The revisions also reflect the incorporation of the 2007 benchmark I-O accounts, of new and revised government finances data from the Census Bureau, and of other new and revised source data.
Personal income. Personal income was revised up for 1929–2007, down for 2008, and up for
2009–2012. These revisions mainly reflect the accrual approach for measuring defined benefit pension plans, which results in upward revisions to personal income receipts on assets for 1929–2012 and in upward revisions to supplements (specifically, employer contributions for employee pension and insurance funds) for 1929–1975, for 1989–2002, and for 2004–2011. A number of other definitional and statistical changes affected the revisions to personal income. The revisions to the components of personal income are discussed below.

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Wages and salaries. The revisions mainly reflect revisions to private wages and salaries. The revisions are generally small and mixed for years prior to 2002, are downward for 2002–2011, and are upward for 2012. The revisions reflect revised estimates of misreporting and new and revised BLS
QCEW data.
Supplements to wages and salaries. The revisions to supplements reflect the revisions to employer contributions for pension and insurance funds that result from the accrual approach for measuring defined benefit pension plans. Employer contributions for state and local government defined benefit plans was revised up for 1929–1978, down for 1979–1986, and up for 1987–2012.
Employer contributions for federal government defined benefit plans was revised up for 1929–1979 and down for 1980–2012. Employer contributions for private defined benefit plans was revised down for
1968–1985, up for 1986–2001, down for 2002–2006, up for 2007, and down for 2008–2012.
Contributions for state and local government defined contribution pension plans was revised up for
1967–2012, reflecting the incorporation of improved source data.
Proprietors’ income. Proprietors’ income was revised down for 1965–2011 and up for 2012; the revisions for years before 1965 are small. Nonfarm proprietors’ income was revised down for 1965–
2011 and up for 2012. The revisions to proprietors’ income primarily reflect revisions to nonfarm proprietors’ income for most years (except for 2009 and for 2012). Farm proprietors’ income had relatively large upward revisions for 2011 and 2012, reflecting the incorporation of revised USDA data for 2010–2012.

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The revisions to nonfarm proprietors’ income reflect a number of definitional and statistical changes as well as revised source data. Revisions due to the improved accounting for the capital gains and losses attributable to corporate partners are downward for 2002–2008, upward for 2009, and downward for 2010–2012. Revisions due to the capitalization of expenditures for the creation of entertainment, literary, and artistic originals and for an expanded set of ownership transfer costs are downward, while the revisions due to the capitalization of R&D expenditures are upward. The revisions also reflect new IRS estimates for underreporting of income as well as new IRS tabulations of tax return data for sole proprietorships and partnerships for 2011.
Rental income of persons. Rental income of persons was revised down for 1929–2002 and was revised up for 2003 forward. The improved methodology for estimating mortgage interest paid for nonfarm permanent site housing results in downward revisions to rental income of persons for 1993–
2001 and upward revisions for 2002–2012. The recognition of an expanded set of ownership transfer costs for residential assets as fixed investment results in downward revisions for all years, partly offsetting the upward revisions to rental income of persons for 2003–2012. The revisions also reflect revisions to owner- and tenant-occupied space rent, based on data from the 2010 Census of Housing and the incorporation of other new and revised source data.
Personal interest income. Personal interest income was revised up for all years except for
2008. The upward revisions mainly reflect the new accrual treatment of defined benefit pension plans.
Personal interest income was also affected by several other changes in methodology, including an improved method for distributing the investment income of regulated investment companies by type of income and the improved method for measuring interest associated with financial services of commercial banks. Revisions to personal interest income also reflect the incorporation of new and revised source data from the Federal Reserve Board and other sources.
Personal dividend income. Personal dividend income was revised up for most years for 1991–
2009, was revised down for 2010, was revised up for 2011, and was revised down for 2012. The revisions to personal dividend income reflect the improved method for distributing the investment income of regulated investment companies by type of income as well as the incorporation of new and revised IRS tabulations of corporate tax returns and of data from BEA’s ITAs on dividends from the rest of the world.
Personal current transfer receipts. Personal current transfer receipts was revised down for
2002, up for 2003–2009, and down for 2010–2012. The revisions reflect the incorporation of new and revised source data.
Contributions for government social insurance. The revisions to contributions for government social insurance (which is deducted in the calculation of personal income) are small for
2002–2012.
Personal current taxes. Personal current taxes was revised up for 2011 and 2012; revisions are generally small for prior years. The revisions reflect the incorporation of new tax collections data from the Treasury Department and the Social Security Administration and of new and revised Census Bureau state and local government finances data.
Disposable personal income. The pattern of revisions to disposable personal income, which is equal to personal income less personal current taxes, is similar to that of personal income.

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Personal outlays. This series consists of PCE, personal interest payments, and personal current transfer payments. The revisions to personal outlays primarily reflect the revisions to PCE that were previously described. Personal interest payments was revised up for 1985 forward; revisions for prior years are small. The revisions to personal interest payments result from the improved method for measuring the financial services of commercial banks and associated interest income from the incorporation of new and revised source data. Personal current transfer payments was revised down for
2007–2012.
GDI. Current-dollar GDI, like current-dollar GDP, was revised up for all years for 1929–2012.
The upward revisions to current-dollar GDI and GDP mainly reflect the recognition of additional expenditures -- for R&D; for the creation of entertainment, literary, and artistic originals; and for an expanded set of ownership transfer costs -- as fixed investment.
National income. National income was revised up for 1929–1978, down for 1979–2001, up for
2002–2004, down for 2005–2010, and up for 2011 and 2012. The revisions to national income reflect the revisions to the components of national income that were previously described; the revisions to the remaining components of national income are discussed below.

-15-

Corporate profits with inventory valuation and capital consumption adjustments.
Corporate profits was revised up for 1929–1986, down for 1987–2001, and up for 2002–2012.
Revisions to corporate profits due to the capitalization of expenditures for R&D and for the creation of entertainment, literary, and artistic originals are upward for 1929–2012. Revisions to corporate profits due to the new accrual treatment of defined benefit pension plans are upward for 1968–1985, downward for 1986–2002, upward for 2003–2006, downward for 2007–2009, and upward for 2010–2012. The improved method for distributing the investment income of regulated investment companies by type of income results in revisions that are downward for 1992–2001, upward for 2002, and downward for
2003–2012. The revisions to corporate profits also reflect the incorporation of new and revised IRS tabulations of corporate tax return data and of new and revised data from BEA’s ITAs and from other sources. Net interest and miscellaneous payments. Net interest and miscellaneous payments was revised up for most years for 1965–2001 and down for 2002–2012. Revisions for years prior to 1965 are small. The revisions reflect the incorporation of several definitional and statistical improvements, including the new accrual treatment of defined benefit pension plans, the improved method for distributing the investment income of regulated investment companies by type of income, the improved methodology for estimating mortgage interest paid for nonfarm permanent site housing, and the improved method for measuring the financial services of commercial banks, and the incorporation of new and revised data from a number of sources.
Consumption of fixed capital (CFC). CFC was revised up substantially for 1929–2012. The upward revisions to CFC reflect the addition of CFC for R&D; for the creation of entertainment, literary, and artistic originals; and for an expanded set of ownership transfer costs of residential assets. In addition, CFC was revised up to reflect a faster depreciation rate of brokers’ commissions on residential structures. The revisions to CFC also reflect statistical improvements and revisions to BEA’s estimates of fixed investment and prices.
Statistical discrepancy. The statistical discrepancy, which is the difference between GDP and
GDI, was revised for 1929–2012. The directions of the revisions are mixed for 1929–2000; the statistical discrepancy was revised down for 2001–2003, was revised up for 2004–2008, was revised down for 2009, was revised up for 2010, and was revised down for 2011 and 2012. (In theory, GDP should equal GDI; in practice, they differ because their components are estimated using largely independent and less-than-perfect source data.)

Availability of Revised Estimates and Related Information
Revised estimates for selected NIPA tables are on BEA’s Web site: www.bea.gov The comprehensive revision was previewed in a series of articles in the Survey of
Current Business; the articles are also available on BEA’s Web site: www.bea.gov/gdp-revisions The release schedule for revised NIPA tables is available at www.bea.gov/national/table_schedule_20130606.htm -16-

BEA's national, international, regional, and industry estimates; the Survey of Current Business; and BEA news releases are available without charge on BEA's Web site at www.bea.gov. By visiting the site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements.

*

*

*

Next release -- August 29, 2013, at 8:30 A.M. EDT for:
Gross Domestic Product: Second Quarter 2013 (Second Estimate)
Corporate Profits: Second Quarter (Preliminary Estimate)

-17-

Comparisons of Revisions to GDP

Quarterly estimates of GDP are released on the following schedule: "Advance" estimates, based on source data that are incomplete or subject to further revision by the source agency, are released near the end of the first month after the end of the quarter; as more detailed and more comprehensive data become available, "second" and
"third" estimates are released near the end of the second and third months, respectively. The "latest" estimates reflect the results of the 2009 comprehensive revision and subsequent annual revisions; the results of the 2013 comprehensive revision will be incorporated at a later date.
Annual revisions, which generally cover the quarters of the 3 most recent calendar years, are usually carried out each summer and incorporate newly available major annual source data. Comprehensive (or benchmark) revisions are carried out at about 5-year intervals and incorporate major periodic source data, as well as improvements in concepts and methods that update the accounts to portray more accurately the evolving U.S. economy. The table below shows comparisons of the revisions between quarterly percent changes of current-dollar and real GDP for the different vintages of the estimates. From the advance estimate to the second estimate (one month later), the average revision to real GDP without regard to sign is 0.5 percentage point, while from the advance estimate to the third estimate (two months later), it is 0.6 percentage point. From the advance estimate to the latest estimate, the average revision without regard to sign is 1.3 percentage points. The average revision
(with regard to sign) from the advance estimate to the latest estimate is 0.2 percentage point, which is larger than the average revisions from the advance estimate to the second or to the third estimates. The larger average revisions to the latest estimate reflect the fact that comprehensive revisions include major improvements, such as the incorporation of BEA’s latest benchmark input-output accounts. The quarterly estimates correctly indicate the direction of change of real GDP 97 percent of the time, correctly indicate whether GDP is accelerating or decelerating 72 percent of the time, and correctly indicate whether real GDP growth is above, near, or below trend growth more than four-fifths of the time.
Revisions Between Quarterly Percent Changes of GDP: Vintage Comparisons
[Annual rates]
Vintages
compared

Average

Average without regard to sign

Standard deviation of revisions without regard to sign

Current-dollar GDP
Advance to second.....
Advance to third........
Second to third...........

0.2
.1
.0

0.6
.7
.3

0.4
.4
.2

Advance to latest.......

.3

1.2

1.0

0.5
.6
.2

0.4
.5
.2

Real GDP
Advance to second......
Advance to third.........
Second to third............

0.1
.1
.0

Advance to latest........
.2
1.3
NOTE. These comparisons are based on the period from 1983 through 2009.

-18-

1.0

Table 1. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2007
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39

II

2008
III

IV

I

Line
II

Gross domestic product (GDP) ...................................
1.8
2.8
3.8
3.4
2.7
1.8 –0.3 –2.8
2.5
1.8
2.8
0.3
3.1
2.7
1.5 –2.7
2.0
Personal consumption expenditures .....................................
2.5
3.1
3.8
3.5
3.0
2.2 –0.4 –1.6
2.0
2.5
2.2
2.4
1.3
1.6
0.6 –0.8
0.8
Goods.....................................................................................
3.9
4.8
5.1
4.1
3.6
2.7 –2.5 –3.0
3.4
3.4
3.3
2.2
1.5
1.9
0.3 –5.3
1.4
Durable goods ....................................................................
7.3
7.1
8.2
5.4
4.3
4.6 –5.1 –5.5
6.1
6.6
7.7
4.6
5.9
4.5
1.6 –10.9 –1.2
Nondurable goods ..............................................................
1.9
3.5
3.3
3.3
3.3
1.7 –1.1 –1.8
2.2
1.9
1.4
0.8 –0.8
0.5 –0.3 –2.2
2.8
Services .................................................................................
1.8
2.2
3.2
3.2
2.7
2.0
0.8 –0.8
1.2
2.1
1.6
2.5
1.2
1.4
0.7
1.7
0.4
Gross private domestic investment ....................................... –0.6
4.1
8.8
6.4
2.1 –3.1 –9.4 –21.6 12.9
4.9
9.5 –3.6
5.6 –2.5 –7.7 –12.8 –6.9
Fixed investment .................................................................... –3.5
4.0
6.7
6.8
2.0 –2.0 –6.8 –16.7
1.5
6.2
8.3 –0.7
1.0 –2.4 –3.4 –7.1 –5.5
Nonresidential .................................................................... –6.9
1.9
5.2
7.0
7.1
5.9 –0.7 –15.6
2.5
7.6
7.3
7.0
8.1
6.3
6.9
0.1 –2.3
Structures ....................................................................... –17.7 –3.9 –0.4
1.7
7.2 12.7
6.1 –18.9 –16.4
2.1 12.7 15.2 23.5 20.1 10.1
1.7
6.6
Equipment ...................................................................... –5.4
3.2
7.7
9.6
8.6
3.2 –6.9 –22.9 15.9 12.7
7.6
5.1
4.6
2.1
4.1 –4.6 –9.7
Intellectual property products ......................................... –0.5
3.8
5.1
6.5
4.5
4.8
3.0 –1.4
1.9
4.4
3.4
3.7
1.4
1.6
8.6
6.6
1.5
Residential..........................................................................
6.1
9.1 10.0
6.6 –7.6 –18.8 –24.0 –21.2 –2.5
0.5 12.9 –17.0 –15.1 –23.2 –29.3 –27.9 –16.4
Change in private inventories................................................. .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........
Net exports of goods and services ........................................ .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........
Exports................................................................................... –1.9
1.6
9.4
6.0
8.9
8.9
5.7 –9.1 11.5
7.1
3.5
6.0
7.2 14.8 11.4
5.1 11.9
Goods................................................................................. –3.5
1.9
8.5
7.4
9.4
7.5
6.1 –12.0 14.3
7.1
3.8
5.6
6.4 12.3
9.3 10.5 12.9
Services .............................................................................
2.3
1.0 11.6
3.0
7.7 12.3
4.8 –2.1
5.6
7.0
3.0
6.9
9.1 21.0 16.5 –6.4
9.7
Imports ...................................................................................
3.4
4.3 11.0
6.1
6.1
2.3 –2.6 –13.7 12.8
4.9
2.2
7.0
1.6
0.3 –5.7
3.8 –3.6
Goods.................................................................................
3.7
4.9 11.1
6.7
5.9
1.8 –3.7 –15.8 15.2
5.2
2.1
7.0
1.1 –0.4 –5.8
2.3 –3.5
Services .............................................................................
1.8
1.3 10.5
3.1
7.4
4.7
3.1 –3.1
2.8
3.1
2.7
6.9
4.1
3.8 –5.1 12.0 –4.4
Government consumption expenditures and gross investment ............................................................................
4.4
2.2
1.6
0.6
1.5
1.6
2.8
3.2
0.1 –3.2 –1.0 –0.9
3.4
2.9
1.6
1.7
3.2
Federal ...................................................................................
7.2
6.8
4.5
1.7
2.5
1.7
6.8
5.7
4.4 –2.6 –1.4 –5.3
6.5
7.8
2.2
6.6
7.6
National defense ................................................................
7.0
8.5
6.0
2.0
2.0
2.5
7.5
5.4
3.2 –2.3 –3.2 –7.8
8.8
9.5
0.6
6.8
8.0
Nondefense ........................................................................
7.4
4.1
2.0
1.3
3.5
0.3
5.5
6.2
6.4 –3.0
1.8 –0.6
2.4
4.8
5.2
6.2
6.8
State and local .......................................................................
2.9 –0.4 –0.1
0.0
0.9
1.5
0.3
1.6 –2.7 –3.6 –0.7
1.9
1.6
0.1
1.3 –1.2
0.5
Addenda:
Final sales of domestic product..............................................
1.2
2.8
3.4
3.4
2.6
2.0
0.2 –2.0
1.0
2.0
2.6
0.8
2.3
2.7
2.3 –1.6
2.3
Gross domestic purchases.....................................................
2.3
3.1
4.2
3.5
2.6
1.1 –1.3 –3.8
2.9
1.7
2.6
0.7
2.5
1.1 –0.7 –2.5 –0.1
Final sales to domestic purchasers........................................
1.8
3.1
3.9
3.5
2.6
1.4 –0.9 –3.0
1.5
1.8
2.4
1.2
1.7
1.1
0.1 –1.5
0.1
Gross domestic income (GDI) 1 .............................................
1.4
2.2
3.7
3.6
4.0
0.1 –0.8 –2.6
2.7
2.5
2.5 –1.0
0.6 –2.2 –0.2
0.7 –0.3
Gross national product (GNP)................................................
1.7
2.9
3.9
3.3
2.4
2.2
0.0 –3.0
2.8
2.1
2.7
0.3
3.7
4.3
2.7 –3.0
2.0
Disposable personal income ..................................................
3.1
2.7
3.6
1.5
4.0
2.1
1.5 –0.5
1.1
2.4
2.0
2.7
0.8
1.0
0.3
2.9
8.7
Current-dollar measures:
GDP....................................................................................
3.3
4.8
6.6
6.7
5.8
4.5
1.7 –2.1
3.7
3.8
4.6
4.8
5.4
4.1
3.3 –0.5
4.0
Final sales of domestic product..........................................
2.8
4.8
6.3
6.7
5.8
4.7
2.1 –1.3
2.3
4.0
4.4
5.4
4.7
4.1
4.0
0.7
4.1
Gross domestic purchases.................................................
3.7
5.3
7.3
7.1
5.9
3.9
1.6 –4.0
4.5
4.0
4.3
5.0
5.3
3.3
2.8
1.0
3.9
Final sales to domestic purchasers ....................................
3.2
5.3
7.0
7.2
5.8
4.1
2.0 –3.3
3.1
4.2
4.1
5.5
4.5
3.2
3.5
2.1
4.0
GDI.....................................................................................
2.9
4.3
6.6
6.9
7.2
2.7
1.1 –1.9
4.0
4.5
4.3
3.5
2.8 –0.8
1.6
3.0
1.7
GNP....................................................................................
3.3
5.0
6.8
6.6
5.6
4.9
2.0 –2.2
4.1
4.2
4.4
4.8
6.1
5.8
4.6 –0.8
4.0
Disposable personal income ..............................................
4.5
4.8
6.1
4.4
6.8
4.7
4.6 –0.5
2.8
4.8
3.9
6.5
4.0
3.3
4.4
6.5 13.3

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.

-19-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39

Table 1. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Table Ends
Seasonally adjusted at annual rates
Line

2008

2009

2010

2011

2012

III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39

Gross domestic product (GDP) ...................................
Personal consumption expenditures .....................................
Goods.....................................................................................
Durable goods ....................................................................
Nondurable goods ..............................................................
Services .................................................................................
Gross private domestic investment .......................................
Fixed investment ....................................................................
Nonresidential ....................................................................
Structures .......................................................................
Equipment ......................................................................
Intellectual property products .........................................
Residential..........................................................................
Change in private inventories.................................................
Net exports of goods and services ........................................
Exports...................................................................................
Goods.................................................................................
Services .............................................................................
Imports ...................................................................................
Goods.................................................................................
Services .............................................................................
Government consumption expenditures and gross investment ............................................................................
Federal ...................................................................................
National defense ................................................................
Nondefense ........................................................................
State and local .......................................................................
Addenda:
Final sales of domestic product..............................................
Gross domestic purchases.....................................................
Final sales to domestic purchasers........................................
Gross domestic income (GDI) 1 .............................................
Gross national product (GNP)................................................
Disposable personal income ..................................................
Current-dollar measures:
GDP....................................................................................
Final sales of domestic product..........................................
Gross domestic purchases.................................................
Final sales to domestic purchasers ....................................
GDI.....................................................................................
GNP....................................................................................
Disposable personal income ..............................................

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

–2.0
–3.1
–7.4
–11.7
–5.2
–0.8
–10.7
–12.1
–10.4
–2.9
–19.0
–3.6
–18.3
........
........
–3.4
–2.4
–5.9
–7.2
–9.8
8.1

–8.3
–4.6
–12.8
–25.8
–5.9
–0.3
–31.1
–23.9
–21.4
–9.5
–38.4
–4.0
–33.3
........
........
–21.7
–27.8
–5.4
–15.4
–19.2
5.7

–5.4
–1.3
0.4
0.7
0.3
–2.2
–38.7
–27.4
–26.0
–26.8
–37.9
–6.3
–33.2
........
........
–28.2
–34.7
–12.3
–33.1
–36.6
–16.1

–0.4
–1.7
–2.7
–2.4
–2.9
–1.2
–22.1
–14.2
–12.3
–27.1
–13.0
4.3
–21.9
........
........
0.7
–2.8
8.1
–15.9
–18.6
–4.7

1.3
2.5
7.3
20.6
1.5
0.3
–3.4
–0.5
–5.0
–24.4
5.3
1.1
21.0
........
........
14.0
21.0
1.0
15.9
19.6
2.5

3.9
0.0
–0.9
–7.0
2.0
0.5
36.2
–2.8
–3.6
–30.0
7.7
6.6
0.3
........
........
23.4
28.9
12.4
18.7
23.0
2.2

1.6
2.1
4.0
5.4
3.4
1.2
13.6
0.8
4.2
–25.0
31.2
–1.6
–12.2
........
........
6.4
11.0
–3.1
11.9
14.6
0.4

3.9
3.3
5.2
12.5
1.9
2.4
22.3
13.6
11.4
11.8
23.3
–2.0
23.2
........
........
9.5
11.7
4.6
20.2
24.1
3.8

2.8
2.8
3.8
6.7
2.5
2.2
13.7
–0.4
8.3
–5.8
18.0
6.1
–30.7
........
........
10.9
8.6
16.3
14.5
14.6
14.0

2.8
4.3
7.6
12.9
5.2
2.6
–3.5
8.5
8.6
7.7
11.8
5.0
7.9
........
........
12.4
13.0
11.0
0.9
1.7
–2.5

–1.3
2.1
2.7
5.4
1.4
1.8
–7.5
–0.5
–0.9
–29.8
12.0
3.7
1.7
........
........
3.8
4.4
2.4
2.8
4.4
–5.0

3.2
1.5
0.2
–0.8
0.7
2.1
14.2
8.6
9.9
33.7
4.3
4.9
2.7
........
........
4.9
3.7
7.7
0.7
–0.7
7.8

1.4
2.1
1.2
5.2
–0.5
2.5
2.5
14.8
16.7
28.4
20.3
5.3
6.1
........
........
7.0
5.7
10.0
4.9
3.5
11.9

4.9
2.4
5.0
13.5
1.3
1.1
31.9
10.0
9.5
14.4
10.2
5.5
12.2
........
........
2.7
7.7
–8.1
5.9
6.7
1.8

2.2 –0.8 –2.9 2.9 –0.3
5.6 0.2 3.8 8.5 3.7
8.6 –1.3 –1.8 6.4 7.6
0.2 3.0 14.8 12.3 –2.8
0.1 –1.4 –7.1 –0.8 –3.1

–4.1
–2.7
–3.5
–1.2
–5.0

–7.5 –1.3 –2.5 –1.5 –1.4 0.3
–10.5 1.8 –3.4 –3.1 –2.5 –0.2
–14.2 6.8 2.4 –10.2 –6.7 –1.0
–3.5 –6.5 –13.1 11.3 5.4 1.2
–5.4 –3.4 –1.9 –0.4 –0.6 0.6

5.7 2.6 0.6 7.5
12.3 7.1 –3.1 13.8
17.9 5.3 –8.5 17.4
2.3 10.6 7.8 7.6
1.7 –0.1 3.0 3.6
–2.2
–2.7
–3.0
–1.6
–1.5
–8.8

–7.0
–7.8
–6.5
–7.5
–10.2
2.5

–3.3
–7.3
–5.3
–6.1
–5.4
–1.4

0.6 1.6 –0.5
–2.7 1.8 3.8
–1.7 2.1 –0.5
–0.1 2.0 5.9
–0.5 2.6 4.2
3.1 –4.0 –0.1

0.0
2.5
0.9
0.5
1.7
0.3

2.8
5.5
4.5
2.8
3.9
5.4

0.9
3.5
1.7
5.2
2.6
1.9

4.5
1.4
3.0
1.6
3.2
2.7

0.7
0.6
1.0
0.8
1.1
1.2
–5.0

–7.8
–6.6
–11.3
–10.2
–7.0
–9.7
–3.2

–4.5
–2.3
–9.5
–7.5
–5.1
–4.4
–3.6

–1.1 1.2
0.1 1.7
–2.5 3.0
–1.4 3.5
–0.7 1.9
–1.2 2.5
4.9 –1.6

3.0
1.3
4.4
2.6
1.9
3.6
1.7

5.8
4.7
6.5
5.5
4.6
5.7
5.8

4.7
2.7
4.9
3.0
7.1
4.5
3.1

4.9
6.6
3.7
5.3
3.7
5.3
4.8

5.1
0.7
6.1
1.7
7.1
5.4
2.6

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.

-20-

–0.3 2.4
–1.3 2.6
–0.3 1.8
2.0 2.3
–0.5 3.1
5.0 –0.4
0.3
1.4
1.5
2.6
3.7
1.1
8.2

5.9
5.2
6.1
5.5
5.0
5.8
3.3

I

II

IV

I

Line
II

3.7 1.2
2.8
0.1
1.1
1.7
2.9 1.9
1.7
1.7
2.3
1.8
4.6 2.2
3.7
3.7
3.7
3.4
9.8 2.9
8.3 10.5
5.8
6.5
2.2 1.8
1.6
0.6
2.7
2.0
2.1 1.7
0.7
0.6
1.5
0.9
10.5 –1.6
6.5 –2.4
4.7
9.0
8.6 4.7
2.7 11.6 –1.5
6.3
5.8 4.5
0.3
9.8 –4.6
4.6
7.0 6.9
5.9 17.6 –25.7
6.8
8.3 5.3 –3.9
8.9
1.6
4.1
1.3 1.8
2.8
5.7
3.7
3.8
23.0 5.7 14.1 19.8 12.5 13.4
........ ........ .......... .......... ......... ..........
........ ........ .......... .......... ......... ..........
4.2 3.8
0.4
1.1 –1.3
5.4
1.8 5.2
1.6 –3.0 –2.8
5.4
10.0 0.8 –2.6 11.3
2.2
5.3
0.7 2.5
0.5 –3.1
0.6
9.5
0.9 2.5
0.4 –3.5 –0.2
9.8
–0.1 2.3
1.0 –1.0
5.0
8.2

3.0 2.1
1.2 5.3
2.8 2.6
2.2 2.6
1.9 4.8
1.6 –0.6

3.4 2.2
3.1 1.1
2.9 2.0
5.4 –0.6
3.0 1.4
4.6 1.8

3.9
5.5
3.3
4.9
4.8
4.4
3.9

5.8
5.5
5.5
5.2
7.5
5.0
6.9

5.4
2.6
6.3
3.6
3.1
5.3
0.8

2013

III

3.0
3.9
2.1
3.0
1.1
3.2
2.9

3.5 –6.5 –4.2
8.9 –13.9 –8.4
12.5 –21.6 –11.2
2.8
1.0 –3.6
–0.2 –1.0 –1.3

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

–0.4
–1.5
–0.5
–3.2
0.3

22
23
24
25
26

2.2
2.7
2.2
0.9
2.4
–0.6

2.2
–0.5
1.4
4.9
0.3
9.0

0.2
1.3
1.4
2.4
0.5
2.0
2.2 ..........
0.6 ..........
–8.2
3.4

27
28
29
30
31
32

4.9
4.6
3.9
3.6
3.0
4.6
1.1

1.6
3.3
1.3
3.0
6.4
1.8
10.7

2.8
2.4
1.6
2.0
2.9
2.7
1.7
2.3
3.9 ..........
2.3 ..........
–7.2
3.4

33
34
35
36
37
38
39

Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Average annual rate
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Line

1929–2012 1959–2002 2002–2012
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Gross domestic product (GDP)........................
Previously published........................................
Personal consumption expenditures..........................
Previously published ...................................................
Goods .........................................................................
Previously published ...............................................
Durable goods.........................................................
Previously published............................................
Nondurable goods...................................................
Previously published............................................
Services ......................................................................
Previously published ...............................................
Gross private domestic investment ............................
Previously published ...................................................
Fixed investment .........................................................
Previously published ...............................................
Nonresidential .........................................................
Previously published............................................
Structures............................................................
Previously published........................................
Equipment ...........................................................
Previously published * .....................................
Intellectual property products ..............................
Previously published * .....................................
Residential ..............................................................
Previously published............................................
Change in private inventories .....................................
Net exports of goods and services.............................
Exports .......................................................................
Previously published ...............................................
Goods......................................................................
Previously published............................................
Services ..................................................................
Previously published............................................
Imports........................................................................
Previously published ...............................................
Goods......................................................................
Previously published............................................
Services ..................................................................
Previously published............................................
Government consumption expenditures and gross investment Previously published ...................................................
Federal........................................................................
Previously published ...............................................
National defense .....................................................
Previously published............................................
Nondefense.............................................................
Previously published............................................
State and local ............................................................
Previously published ...............................................

3.3
3.2
3.2
3.1
3.1
3.1
4.5
4.5
2.5
2.5
3.3
3.3
3.7
3.6
3.3
3.2
3.8
3.7
1.3
1.3
4.5
..................
6.3
..................
2.1
1.9
..................
..................
4.8
4.8
4.7
4.7
5.3
5.3
4.7
4.7
4.8
4.8
4.4
4.4

3.4
3.4
3.7
3.6
3.6
3.6
5.6
5.6
2.6
2.6
3.8
3.7
4.3
4.3
4.3
4.3
5.0
5.1
1.9
1.9
5.9
..................
7.2
..................
2.6
2.4
..................
..................
6.2
6.2
6.5
6.4
5.5
5.5
6.4
6.4
7.0
7.1
4.3
4.4

1.8
1.6
2.0
1.8
2.5
2.4
3.8
3.9
1.7
1.6
1.8
1.5
0.9
0.6
0.7
0.3
2.6
2.4
–0.3
–0.1
3.2
..................
3.6
..................
–4.4
–5.0
..................
..................
5.2
5.3
5.2
5.5
5.3
4.8
3.1
3.1
3.0
3.1
3.5
3.4

1.8
1.8
2.5
2.7
3.9
4.1
7.3
7.6
1.9
2.0
1.8
1.9
–0.6
–1.4
–3.5
–4.2
–6.9
–7.9
–17.7
–17.7
–5.4
............
–0.5
............
6.1
5.2
............
............
–1.9
–2.0
–3.5
–3.6
2.3
1.9
3.4
3.4
3.7
3.7
1.8
1.8

2.8
2.5
3.1
2.8
4.8
4.6
7.1
6.6
3.5
3.4
2.2
1.9
4.1
3.9
4.0
3.5
1.9
1.4
–3.9
–3.8
3.2
.............
3.8
.............
9.1
8.2
.............
.............
1.6
1.6
1.9
1.8
1.0
1.2
4.3
4.4
4.9
4.9
1.3
1.9

3.8
3.5
3.8
3.3
5.1
4.5
8.2
7.3
3.3
2.8
3.2
2.7
8.8
10.1
6.7
7.4
5.2
6.2
–0.4
1.1
7.7
.............
5.1
.............
10.0
9.8
.............
.............
9.4
9.5
8.5
8.5
11.6
11.9
11.0
11.1
11.1
11.1
10.5
11.2

3.4
3.1
3.5
3.4
4.1
4.2
5.4
5.9
3.3
3.2
3.2
3.0
6.4
5.5
6.8
6.5
7.0
6.7
1.7
1.4
9.6
............
6.5
............
6.6
6.2
............
............
6.0
6.7
7.4
7.5
3.0
5.0
6.1
6.1
6.7
6.8
3.1
2.8

2.7
2.7
3.0
2.9
3.6
3.3
4.3
4.5
3.3
2.6
2.7
2.6
2.1
2.7
2.0
2.4
7.1
8.0
7.2
9.2
8.6
............
4.5
............
–7.6
–7.3
............
............
8.9
9.0
9.4
9.4
7.7
7.9
6.1
6.1
5.9
5.9
7.4
7.1

1.8
1.9
2.2
2.3
2.7
3.0
4.6
5.0
1.7
1.9
2.0
1.9
–3.1
–3.2
–2.0
–1.9
5.9
6.5
12.7
14.1
3.2
............
4.8
............
–18.8
–18.7
............
............
8.9
9.3
7.5
9.7
12.3
8.3
2.3
2.4
1.8
2.6
4.7
1.4

–0.3
–0.3
–0.4
–0.6
–2.5
–2.5
–5.1
–4.9
–1.1
–1.2
0.8
0.4
–9.4
–10.2
–6.8
–7.1
–0.7
–0.8
6.1
6.4
–6.9
............
3.0
............
–24.0
–23.9
............
............
5.7
6.1
6.1
6.3
4.8
5.6
–2.6
–2.7
–3.7
–3.8
3.1
3.6

–2.8
–3.1
–1.6
–1.9
–3.0
–3.0
–5.5
–5.4
–1.8
–1.8
–0.8
–1.4
–21.6
–24.8
–16.7
–19.0
–15.6
–18.1
–18.9
–21.1
–22.9
............
–1.4
............
–21.2
–22.4
............
............
–9.1
–9.1
–12.0
–12.0
–2.1
–2.6
–13.7
–13.5
–15.8
–15.6
–3.1
–3.3

2.5
2.4
2.0
1.8
3.4
3.6
6.1
6.2
2.2
2.3
1.2
1.0
12.9
13.7
1.5
–0.2
2.5
0.7
–16.4
–15.6
15.9
............
1.9
............
–2.5
–3.7
............
............
11.5
11.1
14.3
14.3
5.6
4.7
12.8
12.5
15.2
14.9
2.8
2.5

1.8
1.8
2.5
2.5
3.4
3.8
6.6
7.2
1.9
2.3
2.1
1.9
4.9
5.2
6.2
6.6
7.6
8.6
2.1
2.7
12.7
............
4.4
............
0.5
–1.4
............
............
7.1
6.7
7.1
7.2
7.0
5.6
4.9
4.8
5.2
5.2
3.1
2.8

2.8
2.2
2.2
1.9
3.3
3.1
7.7
7.8
1.4
0.9
1.6
1.2
9.5
9.8
8.3
8.7
7.3
8.0
12.7
10.8
7.6
.............
3.4
.............
12.9
12.1
.............
.............
3.5
3.4
3.8
4.2
3.0
1.5
2.2
2.4
2.1
2.1
2.7
4.2

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

3.5
3.5
4.8
4.6
4.9
4.9
4.5
4.2
2.7
2.7

2.3
2.3
1.4
1.1
0.7
0.5
3.4
2.8
3.2
3.3

0.9
0.9
3.0
2.8
3.1
3.0
2.8
2.4
–0.3
–0.3

4.4
4.7
7.2
7.3
7.0
7.4
7.4
7.2
2.9
3.3

2.2
2.2
6.8
6.6
8.5
8.7
4.1
2.8
–0.4
–0.1

1.6
1.4
4.5
4.1
6.0
5.7
2.0
1.0
–0.1
–0.2

0.6
0.3
1.7
1.3
2.0
1.5
1.3
0.9
0.0
–0.2

1.5
1.4
2.5
2.1
2.0
1.6
3.5
3.2
0.9
0.9

1.6
1.3
1.7
1.2
2.5
2.2
0.3
–0.8
1.5
1.4

2.8
2.6
6.8
7.2
7.5
7.5
5.5
6.5
0.3
0.0

3.2
3.7
5.7
6.1
5.4
6.0
6.2
6.5
1.6
2.2

0.1
0.6
4.4
4.5
3.2
3.0
6.4
7.7
–2.7
–1.8

–3.2
–3.1
–2.6
–2.8
–2.3
–2.6
–3.0
–3.1
–3.6
–3.4

–1.0
–1.7
–1.4
–2.2
–3.2
–3.1
1.8
–0.3
–0.7
–1.4

41
42
43
44
45
46
47
48
49
50

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

-21-

Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Average annual rate
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Line

1929–2012 1959–2002 2002–2012
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
74
75
76
77

Addenda:
Final sales of domestic product ..................................
Previously published ...............................................
Gross domestic purchases .........................................
Previously published ...............................................
Final sales to domestic purchasers ............................
Previously published ...............................................
Gross domestic income (GDI) 1 ..................................
Previously published ...............................................
Gross national product (GNP) ....................................
Previously published ...............................................
Disposable personal income.......................................
Previously published ...............................................
Current-dollar measures:
GDP ........................................................................
Previously published............................................
Final sales of domestic product...............................
Previously published............................................
Gross domestic purchases......................................
Previously published............................................
Final sales to domestic purchasers.........................
Previously published............................................
GDI..........................................................................
Previously published............................................
GNP ........................................................................
Previously published............................................
Disposable personal income ...................................
Previously published............................................

3.3
3.2
3.3
3.2
3.3
3.2
3.3
3.2
3.3
3.2
3.2
3.1

3.4
3.4
3.5
3.4
3.5
3.4
3.4
3.4
3.4
3.4
3.6
3.6

1.8
1.6
1.6
1.5
1.6
1.4
1.8
1.6
1.9
1.8
2.0
1.8

1.2
1.3
2.3
2.4
1.8
1.9
1.4
1.0
1.7
1.8
3.1
3.3

2.8
2.5
3.1
2.9
3.1
2.8
2.2
2.2
2.9
2.7
2.7
2.5

3.4
3.1
4.2
3.9
3.9
3.5
3.7
3.8
3.9
3.6
3.6
3.4

3.4
3.2
3.5
3.2
3.5
3.3
3.6
3.7
3.3
3.1
1.5
1.4

2.6
2.6
2.6
2.6
2.6
2.5
4.0
3.7
2.4
2.4
4.0
4.0

2.0
2.2
1.1
1.2
1.4
1.4
0.1
0.2
2.2
2.3
2.1
2.4

0.2
0.2
–1.3
–1.5
–0.9
–1.0
–0.8
–0.4
0.0
0.0
1.5
2.4

–2.0
–2.3
–3.8
–4.0
–3.0
–3.3
–2.6
–3.9
–3.0
–3.2
–0.5
–2.8

1.0
0.9
2.9
2.8
1.5
1.3
2.7
3.1
2.8
2.8
1.1
1.8

2.0
2.0
1.7
1.7
1.8
1.8
2.5
1.8
2.1
2.0
2.4
1.3

2.6
2.1
2.6
2.1
2.4
2.0
2.5
2.2
2.7
2.1
2.0
1.7

51
52
53
54
55
56
57
58
59
60
61
62

6.3
6.2
6.3
6.2
6.3
6.3
6.3
6.3
6.3
6.2
6.3
6.2
6.2
6.2

7.3
7.3
7.4
7.4
7.4
7.4
7.5
7.5
7.4
7.3
7.3
7.3
7.5
7.6

4.0
4.0
4.0
3.9
3.9
3.9
3.9
3.9
3.9
3.9
4.1
4.1
4.2
4.1

3.3
3.5
2.8
3.0
3.7
3.9
3.2
3.4
2.9
2.6
3.3
3.4
4.5
4.7

4.8
4.7
4.8
4.7
5.3
5.2
5.3
5.2
4.3
4.3
5.0
4.9
4.8
4.6

6.6
6.4
6.3
6.0
7.3
7.1
7.0
6.7
6.6
6.7
6.8
6.5
6.1
6.1

6.7
6.5
6.7
6.7
7.1
7.0
7.2
7.2
6.9
7.1
6.6
6.5
4.4
4.4

5.8
6.0
5.8
5.9
5.9
6.0
5.8
5.9
7.2
7.1
5.6
5.7
6.8
6.9

4.5
4.9
4.7
5.1
3.9
4.2
4.1
4.4
2.7
3.1
4.9
5.2
4.7
5.1

1.7
1.9
2.1
2.4
1.6
1.8
2.0
2.2
1.1
1.8
2.0
2.2
4.6
5.8

–2.1
–2.2
–1.3
–1.4
–4.0
–4.3
–3.3
–3.5
–1.9
–3.1
–2.2
–2.4
–0.5
–2.7

3.7
3.8
2.3
2.2
4.5
4.5
3.1
3.0
4.0
4.5
4.1
4.2
2.8
3.8

3.8
4.0
4.0
4.1
4.0
4.2
4.2
4.4
4.5
3.9
4.2
4.2
4.8
3.8

4.6
4.0
4.4
3.9
4.3
3.8
4.1
3.7
4.3
4.0
4.4
3.9
3.9
3.5

63
64
65
66
67
68
69
70
71
72
74
75
76
77

* Previously published estimates are not shown because this series is new.
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.

-22-

Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line

2007

2008

2009

2010

Line

I
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Gross domestic product (GDP).........................................
Previously published.........................................................
Personal consumption expenditures...........................................
Previously published ....................................................................
Goods ..........................................................................................
Previously published ................................................................
Durable goods..........................................................................
Previously published.............................................................
Nondurable goods....................................................................
Previously published.............................................................
Services .......................................................................................
Previously published ................................................................
Gross private domestic investment .............................................
Previously published ....................................................................
Fixed investment ..........................................................................
Previously published ................................................................
Nonresidential ..........................................................................
Previously published.............................................................
Structures.............................................................................
Previously published.........................................................
Equipment ............................................................................
Previously published * ......................................................
Intellectual property products ...............................................
Previously published * ......................................................
Residential ...............................................................................
Previously published.............................................................
Change in private inventories ......................................................
Net exports of goods and services..............................................
Exports ........................................................................................
Previously published ................................................................
Goods.......................................................................................
Previously published.............................................................
Services ...................................................................................
Previously published.............................................................
Imports.........................................................................................
Previously published ................................................................
Goods.......................................................................................
Previously published.............................................................
Services ...................................................................................
Previously published.............................................................
Government consumption expenditures and gross investment
Previously published ....................................................................
Federal.........................................................................................
Previously published ................................................................
National defense ......................................................................
Previously published.............................................................
Nondefense..............................................................................
Previously published.............................................................
State and local .............................................................................
Previously published ................................................................

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

0.3
0.5
2.4
2.2
2.2
2.6
4.6
5.1
0.8
1.3
2.5
2.0
–3.6
–3.9
–0.7
–1.2
7.0
6.5
15.2
10.7
5.1
............
3.7
............
–17.0
–16.4
............
............
6.0
6.4
5.6
12.8
6.9
–6.9
7.0
5.9
7.0
8.4
6.9
–6.3
–0.9
–0.5
–5.3
–4.8
–7.8
–7.2
–0.6
0.5
1.9
2.1

3.1
3.6
1.3
1.5
1.5
1.9
5.9
5.7
–0.8
–0.1
1.2
1.4
5.6
9.2
1.0
3.5
8.1
10.8
23.5
28.0
4.6
............
1.4
............
–15.1
–12.0
............
............
7.2
6.8
6.4
7.6
9.1
4.9
1.6
2.0
1.1
1.7
4.1
3.6
3.4
3.4
6.5
7.1
8.8
8.3
2.4
4.7
1.6
1.3

2.7
3.0
1.6
1.8
1.9
3.0
4.5
5.2
0.5
1.9
1.4
1.1
–2.5
–3.0
–2.4
–1.4
6.3
9.1
20.1
24.3
2.1
............
1.6
............
–23.2
–24.1
............
............
14.8
15.7
12.3
12.7
21.0
23.0
0.3
1.0
–0.4
0.3
3.8
4.4
2.9
3.5
7.8
9.6
9.5
10.2
4.8
8.2
0.1
0.2

1.5
1.7
0.6
1.2
0.3
1.0
1.6
2.3
–0.3
0.4
0.7
1.3
–7.7
–9.3
–3.4
–4.9
6.9
5.4
10.1
7.4
4.1
.............
8.6
.............
–29.3
–29.3
.............
.............
11.4
11.6
9.3
9.9
16.5
15.7
–5.7
–5.2
–5.8
–5.5
–5.1
–4.0
1.6
1.2
2.2
1.1
0.6
0.0
5.2
3.4
1.3
1.3

–2.7
–1.8
–0.8
–1.0
–5.3
–5.6
–10.9
–9.6
–2.2
–3.3
1.7
1.5
–12.8
–12.2
–7.1
–8.3
0.1
–0.8
1.7
0.8
–4.6
.............
6.6
.............
–27.9
–28.5
.............
.............
5.1
5.5
10.5
9.3
–6.4
–2.7
3.8
1.4
2.3
–0.6
12.0
13.0
1.7
3.1
6.6
9.7
6.8
8.2
6.2
13.0
–1.2
–0.6

2.0
1.3
0.8
–0.1
1.4
0.5
–1.2
–2.9
2.8
2.3
0.4
–0.5
–6.9
–6.0
–5.5
–5.2
–2.3
–2.3
6.6
9.4
–9.7
............
1.5
............
–16.4
–14.5
............
............
11.9
12.7
12.9
14.1
9.7
9.5
–3.6
–2.5
–3.5
–2.2
–4.4
–4.2
3.2
1.7
7.6
4.9
8.0
5.4
6.8
3.9
0.5
–0.1

–2.0
–3.7
–3.1
–3.8
–7.4
–7.7
–11.7
–12.3
–5.2
–5.4
–0.8
–1.7
–10.7
–16.5
–12.1
–12.3
–10.4
–9.9
–2.9
–3.7
–19.0
............
–3.6
............
–18.3
–20.0
............
............
–3.4
–3.5
–2.4
–2.4
–5.9
–6.2
–7.2
–6.6
–9.8
–9.1
8.1
8.2
5.7
4.3
12.3
11.7
17.9
17.6
2.3
–0.1
1.7
0.1

–8.3
–8.9
–4.6
–5.1
–12.8
–12.6
–25.8
–25.4
–5.9
–5.8
–0.3
–1.2
–31.1
–33.9
–23.9
–25.2
–21.4
–22.9
–9.5
–10.2
–38.4
............
–4.0
............
–33.3
–33.2
............
............
–21.7
–21.4
–27.8
–27.4
–5.4
–5.6
–15.4
–14.9
–19.2
–18.5
5.7
5.6
2.6
1.6
7.1
9.1
5.3
8.3
10.6
10.9
–0.1
–2.8

–5.4
–5.3
–1.3
–1.6
0.4
0.2
0.7
1.3
0.3
–0.3
–2.2
–2.5
–38.7
–43.0
–27.4
–30.2
–26.0
–28.9
–26.8
–30.5
–37.9
.............
–6.3
.............
–33.2
–35.1
.............
.............
–28.2
–28.7
–34.7
–35.3
–12.3
–12.6
–33.1
–33.9
–36.6
–37.3
–16.1
–17.2
0.6
1.8
–3.1
–3.0
–8.5
–7.0
7.8
6.1
3.0
4.9

–0.4
–0.3
–1.7
–1.8
–2.7
–2.1
–2.4
–2.0
–2.9
–2.1
–1.2
–1.6
–22.1
–27.1
–14.2
–18.5
–12.3
–17.5
–27.1
–31.4
–13.0
.............
4.3
.............
–21.9
–22.2
.............
.............
0.7
0.6
–2.8
–2.6
8.1
7.4
–15.9
–15.9
–18.6
–18.5
–4.7
–4.7
7.5
9.6
13.8
13.7
17.4
16.1
7.6
8.8
3.6
7.2

1.3
1.4
2.5
2.1
7.3
7.5
20.6
20.9
1.5
1.7
0.3
–0.4
–3.4
–1.7
–0.5
–3.1
–5.0
–7.8
–24.4
–26.7
5.3
............
1.1
............
21.0
17.2
............
............
14.0
13.8
21.0
21.1
1.0
0.4
15.9
17.2
19.6
21.1
2.5
2.8
2.2
3.7
5.6
6.3
8.6
7.6
0.2
3.5
0.1
2.2

3.9
4.0
0.0
0.0
–0.9
–0.5
–7.0
–6.1
2.0
2.3
0.5
0.2
36.2
41.4
–2.8
–6.0
–3.6
–6.4
–30.0
–28.8
7.7
............
6.6
............
0.3
–4.8
............
............
23.4
24.0
28.9
30.4
12.4
11.4
18.7
19.3
23.0
23.7
2.2
2.4
–0.8
1.1
0.2
4.2
–1.3
1.3
3.0
10.5
–1.4
–0.9

1.6
2.3
2.1
2.5
4.0
5.2
5.4
5.5
3.4
5.1
1.2
1.2
13.6
19.8
0.8
–0.9
4.2
2.1
–25.0
–23.0
31.2
............
–1.6
............
–12.2
–11.4
............
............
6.4
5.9
11.0
9.9
–3.1
–2.2
11.9
10.4
14.6
12.2
0.4
2.4
–2.9
–3.1
3.8
0.6
–1.8
–3.7
14.8
10.1
–7.1
–5.5

3.9
2.2
3.3
2.6
5.2
3.3
12.5
10.5
1.9
0.1
2.4
2.3
22.3
14.6
13.6
14.5
11.4
12.3
11.8
13.1
23.3
.............
–2.0
.............
23.2
23.1
.............
.............
9.5
9.6
11.7
11.9
4.6
4.5
20.2
20.2
24.1
24.7
3.8
1.2
2.9
2.8
8.5
9.7
6.4
7.3
12.3
14.6
–0.8
–1.4

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

-23-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line

2007
I

51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
74
75
76
77

Addenda:
Final sales of domestic product ...................................................
Previously published ................................................................
Gross domestic purchases ..........................................................
Previously published ................................................................
Final sales to domestic purchasers .............................................
Previously published ................................................................
Gross domestic income (GDI) 1 ...................................................
Previously published ................................................................
Gross national product (GNP) .....................................................
Previously published ................................................................
Disposable personal income........................................................
Previously published ................................................................
Current-dollar measures:
GDP .........................................................................................
Previously published.............................................................
Final sales of domestic product................................................
Previously published.............................................................
Gross domestic purchases.......................................................
Previously published.............................................................
Final sales to domestic purchasers..........................................
Previously published.............................................................
GDI...........................................................................................
Previously published.............................................................
GNP .........................................................................................
Previously published.............................................................
Disposable personal income ....................................................
Previously published.............................................................

II

2008

2009

2010

III

IV

I

II

III

IV

I

II

III

IV

I

Line
II

0.8
1.0
0.7
0.8
1.2
1.2
–1.0
–2.6
0.3
0.5
2.7
1.8

2.3
2.7
2.5
3.1
1.7
2.2
0.6
0.5
3.7
3.9
0.8
0.6

2.7
3.3
1.1
1.3
1.1
1.6
–2.2
–1.3
4.3
4.8
1.0
1.6

2.3
2.5
–0.7
–0.5
0.1
0.2
–0.2
1.4
2.7
3.2
0.3
2.2

–1.6
–1.1
–2.5
–2.1
–1.5
–1.4
0.7
2.6
–3.0
–2.3
2.9
5.9

2.3
1.5
–0.1
–0.7
0.1
–0.5
–0.3
–1.1
2.0
1.3
8.7
8.2

–2.2
–3.0
–2.7
–4.2
–3.0
–3.6
–1.6
–2.6
–1.5
–3.2
–8.8
–8.8

–7.0
–7.4
–7.8
–8.3
–6.5
–6.9
–7.5
–9.8
–10.2
–10.8
2.5
–0.2

–3.3
–3.1
–7.3
–7.3
–5.3
–5.2
–6.1
–6.0
–5.4
–5.2
–1.4
–4.7

0.6
0.6
–2.7
–2.7
–1.7
–1.8
–0.1
–2.5
–0.5
–0.4
3.1
–0.5

1.6
1.2
1.8
2.1
2.1
1.8
2.0
0.7
2.6
2.8
–4.0
–6.1

–0.5
–0.6
3.8
4.0
–0.5
–0.5
5.9
5.0
4.2
4.4
–0.1
–0.6

0.0
0.1
2.5
3.1
0.9
0.9
0.5
5.6
1.7
2.7
0.3
5.7

2.8
2.2
5.5
3.9
4.5
3.9
2.8
1.6
3.9
2.9
5.4
6.3

51
52
53
54
55
56
57
58
59
60
61
62

4.8
5.2
5.4
5.7
5.0
5.3
5.5
5.7
3.5
2.0
4.8
5.2
6.5
5.8

5.4
6.5
4.7
5.6
5.3
6.3
4.5
5.4
2.8
3.3
6.1
6.7
4.0
4.1

4.1
4.3
4.1
4.6
3.3
3.4
3.2
3.6
–0.8
0.0
5.8
6.2
3.3
3.9

3.3
3.6
4.0
4.4
2.8
3.2
3.5
4.0
1.6
3.4
4.6
5.2
4.4
6.5

–0.5
0.6
0.7
1.5
1.0
1.9
2.1
2.7
3.0
5.0
–0.8
0.0
6.5
10.0

4.0
4.0
4.1
4.0
3.9
3.9
4.0
3.9
1.7
1.5
4.0
4.1
13.3
13.1

0.7
–0.6
0.6
0.2
1.0
–0.3
0.8
0.4
1.1
0.5
1.2
–0.1
–5.0
–4.9

–7.8
–8.4
–6.6
–7.4
–11.3
–12.0
–10.2
–11.0
–7.0
–9.4
–9.7
–10.4
–3.2
–5.8

–4.5
–4.4
–2.3
–2.1
–9.5
–9.6
–7.5
–7.4
–5.1
–5.2
–4.4
–4.4
–3.6
–6.8

–1.1
–1.1
0.1
–0.1
–2.5
–2.5
–1.4
–1.5
–0.7
–3.3
–1.2
–1.1
4.9
1.1

1.2
1.9
1.7
1.8
3.0
3.8
3.5
3.7
1.9
1.2
2.5
3.3
–1.6
–3.3

5.1
5.3
0.7
0.8
6.1
6.3
1.7
1.9
7.1
6.3
5.4
5.7
2.6
2.5

3.0
3.9
1.3
1.6
4.4
5.2
2.6
3.0
1.9
7.3
3.6
4.3
1.7
7.6

5.8
4.1
4.7
3.8
6.5
4.8
5.5
4.6
4.6
3.4
5.7
4.7
5.8
6.9

63
64
65
66
67
68
69
70
71
72
74
75
76
77

* Previously published estimates are not shown because this series is new.
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.

-24-

Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line

2010

2011

2012

2013

III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Gross domestic product (GDP).........................................
Previously published.........................................................
Personal consumption expenditures...........................................
Previously published ....................................................................
Goods ..........................................................................................
Previously published ................................................................
Durable goods..........................................................................
Previously published.............................................................
Nondurable goods....................................................................
Previously published.............................................................
Services .......................................................................................
Previously published ................................................................
Gross private domestic investment .............................................
Previously published ....................................................................
Fixed investment ..........................................................................
Previously published ................................................................
Nonresidential ..........................................................................
Previously published.............................................................
Structures.............................................................................
Previously published.........................................................
Equipment ............................................................................
Previously published * ......................................................
Intellectual property products ...............................................
Previously published * ......................................................
Residential ...............................................................................
Previously published.............................................................
Change in private inventories ......................................................
Net exports of goods and services..............................................
Exports ........................................................................................
Previously published ................................................................
Goods.......................................................................................
Previously published.............................................................
Services ...................................................................................
Previously published.............................................................
Imports.........................................................................................
Previously published ................................................................
Goods.......................................................................................
Previously published.............................................................
Services ...................................................................................
Previously published.............................................................
Government consumption expenditures and gross investment
Previously published ....................................................................
Federal.........................................................................................
Previously published ................................................................
National defense ......................................................................
Previously published.............................................................
Nondefense..............................................................................
Previously published.............................................................
State and local .............................................................................
Previously published ................................................................

IV

I

II

III

IV

I

II

III

IV

2.8
2.6
2.8
2.5
3.8
3.8
6.7
7.2
2.5
2.2
2.2
1.9
13.7
16.4
–0.4
–1.0
8.3
7.7
–5.8
–2.2
18.0
................
6.1
................
–30.7
–28.6
................
................
10.9
9.7
8.6
9.0
16.3
11.1
14.5
13.9
14.6
14.1
14.0
12.9
–0.3
–0.3
3.7
3.7
7.6
7.2
–2.8
–3.1
–3.1
–2.9

2.8
2.4
4.3
4.1
7.6
7.9
12.9
15.2
5.2
4.5
2.6
2.3
–3.5
–5.9
8.5
7.6
8.6
9.2
7.7
9.3
11.8
.................
5.0
.................
7.9
1.5
.................
.................
12.4
10.0
13.0
11.2
11.0
7.4
0.9
0.0
1.7
1.1
–2.5
–5.0
–4.1
–4.4
–2.7
–4.1
–3.5
–6.1
–1.2
0.0
–5.0
–4.6

–1.3
0.1
2.1
3.1
2.7
5.4
5.4
7.3
1.4
4.6
1.8
2.0
–7.5
–5.3
–0.5
–1.3
–0.9
–1.3
–29.8
–28.2
12.0
.................
3.7
.................
1.7
–1.4
.................
.................
3.8
5.7
4.4
5.7
2.4
5.8
2.8
4.3
4.4
5.2
–5.0
–0.6
–7.5
–7.0
–10.5
–10.3
–14.2
–14.3
–3.5
–1.7
–5.4
–4.7

3.2
2.5
1.5
1.0
0.2
–1.0
–0.8
–2.3
0.7
–0.3
2.1
1.9
14.2
12.5
8.6
12.4
9.9
14.5
33.7
35.2
4.3
................
4.9
................
2.7
4.1
................
................
4.9
4.1
3.7
3.7
7.7
5.1
0.7
0.1
–0.7
–0.7
7.8
4.2
–1.3
–0.8
1.8
2.8
6.8
8.3
–6.5
–7.5
–3.4
–3.2

1.4
1.3
2.1
1.7
1.2
1.4
5.2
5.4
–0.5
–0.4
2.5
1.8
2.5
5.9
14.8
15.5
16.7
19.0
28.4
20.7
20.3
.................
5.3
.................
6.1
1.4
.................
.................
7.0
6.1
5.7
6.2
10.0
6.1
4.9
4.7
3.5
2.9
11.9
13.8
–2.5
–2.9
–3.4
–4.3
2.4
2.6
–13.1
–17.4
–1.9
–2.0

4.9
4.1
2.4
2.0
5.0
5.4
13.5
13.9
1.3
1.8
1.1
0.3
31.9
33.9
10.0
10.0
9.5
9.5
14.4
11.5
10.2
................
5.5
................
12.2
12.1
................
................
2.7
1.4
7.7
6.0
–8.1
–8.8
5.9
4.9
6.7
6.3
1.8
–1.7
–1.5
–2.2
–3.1
–4.4
–10.2
–10.6
11.3
10.2
–0.4
–0.7

3.7
2.0
2.9
2.4
4.6
4.7
9.8
11.5
2.2
1.6
2.1
1.3
10.5
6.1
8.6
9.8
5.8
7.5
7.0
12.9
8.3
................
1.3
................
23.0
20.5
................
................
4.2
4.4
1.8
4.0
10.0
5.2
0.7
3.1
0.9
2.0
–0.1
9.0
–1.4
–3.0
–2.5
–4.2
–6.7
–7.1
5.4
1.8
–0.6
–2.2

1.2
1.3
1.9
1.5
2.2
0.3
2.9
–0.2
1.8
0.6
1.7
2.1
–1.6
0.7
4.7
4.5
4.5
3.6
6.9
0.6
5.3
.................
1.8
.................
5.7
8.5
.................
.................
3.8
5.3
5.2
7.0
0.8
1.1
2.5
2.8
2.5
2.9
2.3
2.3
0.3
–0.7
–0.2
–0.2
–1.0
–0.2
1.2
–0.4
0.6
–1.0

2.8
3.1
1.7
1.6
3.7
3.6
8.3
8.9
1.6
1.2
0.7
0.6
6.5
6.6
2.7
0.9
0.3
–1.8
5.9
0.0
–3.9
................
2.8
................
14.1
13.5
................
................
0.4
1.9
1.6
1.1
–2.6
4.0
0.5
–0.6
0.4
–1.2
1.0
2.6
3.5
3.9
8.9
9.5
12.5
12.9
2.8
3.0
–0.2
0.3

0.1
0.4
1.7
1.8
3.7
4.3
10.5
13.6
0.6
0.1
0.6
0.6
–2.4
1.3
11.6
14.0
9.8
13.2
17.6
16.7
8.9
.................
5.7
.................
19.8
17.6
.................
.................
1.1
–2.8
–3.0
–5.0
11.3
2.5
–3.1
–4.2
–3.5
–3.9
–1.0
–5.6
–6.5
–7.0
–13.9
–14.8
–21.6
–22.1
1.0
1.7
–1.0
–1.5

1.1
1.8
2.3
2.6
3.7
4.4
5.8
7.6
2.7
2.8
1.5
1.7
4.7
7.4
–1.5
3.0
–4.6
0.4
–25.7
–8.3
1.6
................
3.7
................
12.5
14.0
................
................
–1.3
–1.1
–2.8
–2.5
2.2
2.4
0.6
–0.4
–0.2
–1.3
5.0
4.5
–4.2
–4.8
–8.4
–8.7
–11.2
–12.0
–3.6
–2.1
–1.3
–2.1

Line

I

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

-25-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Table Ends
Seasonally adjusted at annual rates
Line

2010
III

51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
74
75
76
77

Addenda:
Final sales of domestic product ...................................................
Previously published ................................................................
Gross domestic purchases ..........................................................
Previously published ................................................................
Final sales to domestic purchasers .............................................
Previously published ................................................................
Gross domestic income (GDI) 1 ...................................................
Previously published ................................................................
Gross national product (GNP) .....................................................
Previously published ................................................................
Disposable personal income........................................................
Previously published ................................................................
Current-dollar measures:
GDP .........................................................................................
Previously published.............................................................
Final sales of domestic product................................................
Previously published.............................................................
Gross domestic purchases.......................................................
Previously published.............................................................
Final sales to domestic purchasers..........................................
Previously published.............................................................
GDI...........................................................................................
Previously published.............................................................
GNP .........................................................................................
Previously published.............................................................
Disposable personal income ....................................................
Previously published.............................................................

2011
IV

I

II

2012
III

IV

I

II

2013
III

IV

Line

I

0.9
0.6
3.5
3.5
1.7
1.5
5.2
3.8
2.6
2.6
1.9
1.2

4.5
4.1
1.4
1.1
3.0
2.7
1.6
1.1
3.2
2.2
2.7
1.0

–0.3
0.6
–1.3
0.0
–0.3
0.5
2.0
2.6
–0.5
0.6
5.0
4.4

2.4
2.4
2.6
1.9
1.8
1.8
2.3
0.4
3.1
2.8
–0.4
–1.5

3.0
2.3
1.2
1.2
2.8
2.2
2.2
–0.2
1.9
1.4
1.6
–1.3

2.1
1.5
5.3
4.6
2.6
2.1
2.6
4.5
4.8
4.1
–0.6
–0.2

3.4
2.4
3.1
1.8
2.9
2.2
5.4
3.8
3.0
0.6
4.6
3.7

2.2
1.7
1.1
1.0
2.0
1.4
–0.6
–0.7
1.4
2.1
1.8
2.2

2.2
2.4
2.7
2.6
2.2
1.9
0.9
1.6
2.4
2.9
–0.6
0.7

2.2
1.9
–0.5
0.0
1.4
1.5
4.9
5.5
0.3
0.9
9.0
8.9

0.2
1.2
1.4
1.8
0.5
1.3
2.2
2.5
0.6
1.2
–8.2
–8.6

51
52
53
54
55
56
57
58
59
60
61
62

4.7
4.6
2.7
2.7
4.9
4.8
3.0
2.9
7.1
5.9
4.5
4.6
3.1
2.5

4.9
4.5
6.6
6.2
3.7
3.5
5.3
5.1
3.7
3.2
5.3
4.3
4.8
3.1

0.3
2.2
1.4
2.6
1.5
3.5
2.6
3.9
3.7
4.7
1.1
2.7
8.2
7.7

5.9
5.2
5.2
5.2
6.1
5.5
5.5
5.4
5.0
3.1
5.8
5.5
3.3
2.0

3.9
4.3
5.5
5.4
3.3
3.6
4.9
4.6
4.8
2.8
4.4
4.5
3.9
1.1

5.4
4.2
2.6
1.9
6.3
5.3
3.6
3.0
3.1
4.6
5.3
4.3
0.8
0.9

5.8
4.2
5.5
4.4
5.5
4.6
5.2
4.8
7.5
6.1
5.0
2.8
6.9
6.3

3.0
2.8
3.9
3.3
2.1
1.7
3.0
2.2
1.1
0.8
3.2
3.6
2.9
2.9

4.9
5.9
4.6
5.2
3.9
4.2
3.6
3.5
3.0
4.3
4.6
5.7
1.1
2.3

1.6
1.3
3.3
2.9
1.3
1.6
3.0
3.1
6.4
6.5
1.8
1.9
10.7
10.6

2.8
3.1
1.6
2.5
2.9
3.1
1.7
2.5
3.9
3.8
2.3
2.5
–7.2
–7.7

63
64
65
66
67
68
69
70
71
72
74
75
76
77

* Previously published estimates are not shown because this series is new.
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.

-26-

Table 1B. Revisions to Current-Dollar Gross Domestic Product, National Income, and Disposition of Personal Income
Percent of previously published

Billions of dollars
Line
2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2002

2007

Line

2012

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

Gross domestic product (GDP).................................................. 337.9 370.0 423.7 472.4 480.7 451.6 428.8 444.2 459.4 458.1
559.8
3.2
3.2
3.6
Personal consumption expenditures..................................................... –53.9 –39.7 –12.8 –13.2
–3.5 –27.9 –30.0
–3.0 –13.8 –17.2
30.0
–0.7
–0.3
0.3
Goods ............................................................................................... –11.4
–6.4
8.2
3.6
11.1
–2.3
–6.0
4.0
–2.1 –22.1
–13.5
–0.4
–0.1
–0.4
Durable goods...............................................................................
–6.7
–2.4
6.9
3.8
1.1
–3.8
–6.6
–6.3
–8.7 –16.5
–16.2
–0.7
–0.3
–1.3
Nondurable goods.........................................................................
–4.7
–4.1
1.1
–0.3
9.9
1.4
0.6
10.3
6.6
–5.6
2.8
–0.3
0.1
0.1
Services ............................................................................................ –42.5 –33.3 –21.0 –16.7 –14.6 –25.4 –24.0
–7.0 –11.8
4.9
43.4
–0.9
–0.4
0.6
Gross private domestic investment....................................................... 278.0 298.2 308.1 354.8 353.5 348.5 337.2 328.8 363.5 377.2
412.9
16.9
15.2
20.0
Fixed investment ............................................................................... 271.6 295.4 309.2 345.2 346.5 343.2 328.1 322.2 360.3 377.3
404.9
16.6
15.1
20.2
Nonresidential ............................................................................... 223.5 236.0 240.1 264.2 271.0 283.1 284.7 284.1 319.8 330.3
348.7
19.9
17.3
21.5
Structures..................................................................................
0.1
–0.1
–4.9
–6.2 –18.1 –28.0 –33.9 –12.9 –14.3 –24.2
–26.1
0.0
–5.3
–5.6
Equipment *............................................................................... ............ ........... ........... ............ ........... ........... ............ ........... ........... ............ .............. ............ ............ ..............
Intellectual property products *.................................................. ............ ........... ........... ............ ........... ........... ............ ........... ........... ............ .............. ............ ............ ..............
Residential ....................................................................................
48.1
59.3
69.1
81.1
75.5
60.0
43.5
38.1
40.5
47.1
56.3
9.4
9.5
14.7
Change in private inventories ...........................................................
6.5
2.9
–1.0
9.6
7.0
5.4
9.1
6.6
3.1
–0.2
8.0 ............. ............. .............
Net exports of goods and services .......................................................
2.2
3.2
3.9
7.0
6.9
3.3
–3.5
–3.5
–6.9
–0.6
12.7 ............. ............. .............
Exports .............................................................................................
1.7
2.4
2.9
5.3
7.5
4.0
–3.7
–3.6
–0.9
7.0
11.9
0.2
0.2
0.5
Goods............................................................................................
12.3
14.0
15.8
19.2
23.7
3.3
0.1
0.0
–0.1
–0.9
–6.8
1.8
0.3
–0.4
Services ........................................................................................ –10.6 –11.6 –12.9 –13.9 –16.2
0.7
–3.8
–3.6
–0.8
7.9
18.7
–3.5
0.1
2.9
Imports..............................................................................................
–0.5
–0.8
–1.0
–1.7
0.6
0.7
–0.1
–0.2
5.9
7.6
–0.9
0.0
0.0
0.0
Goods............................................................................................
4.2
5.2
7.2
8.2
11.6
–0.4
0.1
–0.2
4.2
5.4
3.5
0.4
0.0
0.2
Services ........................................................................................
–4.7
–6.1
–8.3
–9.9 –10.9
1.3
–0.1
0.0
1.7
2.3
–4.4
–2.0
0.3
–1.0
Government consumption expenditures and gross investment ............ 111.6 108.2 124.6 123.8 123.8 127.7 125.1 121.9 116.5
98.9
104.2
5.6
4.8
3.4
Federal..............................................................................................
60.0
68.3
67.8
70.0
70.3
73.5
75.5
74.1
80.8
82.0
81.4
8.8
7.5
6.7
National defense ...........................................................................
19.1
22.0
19.4
19.3
17.5
16.4
16.3
12.3
15.1
15.0
8.0
4.4
2.5
1.0
Nondefense...................................................................................
40.9
46.4
48.2
50.8
52.8
57.0
59.2
61.8
65.8
66.9
73.5
16.8
18.2
18.1
State and local ..................................................................................
51.6
39.9
56.8
53.8
53.5
54.3
49.6
47.8
35.8
17.0
22.8
4.0
3.2
1.2

27
28
29
30
31
32
33
34
35
36
37

Gross domestic product ....................................................................
Plus: Income receipts from the rest of the world ..................................
Less: Income payments to the rest of the world ...................................
Equals: Gross national product ........................................................
Less: Consumption of fixed capital .......................................................
Less: Statistical discrepancy ................................................................
Equals: National income....................................................................
Compensation of employees.............................................................
Wages and salaries.......................................................................
Supplements to wages and salaries .............................................
Proprietors’ income with inventory valuation and capital consumption adjustments .............................................................
Rental income of persons with capital consumption adjustment ......
Corporate profits with inventory valuation and capital consumption adjustments................................................................................... Net interest and miscellaneous payments ........................................
Taxes on production and imports less subsidies...............................
Business current transfer payments (net) .........................................
Current surplus of government enterprises ......................................

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

Relation of GDP and national income

38
39
40
41
42
43

337.9
2.3
2.8
337.4
357.1
–48.0
28.3
31.1
–0.9
32.0

370.0
2.8
3.5
369.4
373.1
–28.8
24.9
–17.2
–15.8
–1.4

423.7
2.8
4.0
422.6
398.9
15.8
7.9
47.1
12.2
34.9

472.4
2.8
6.4
468.9
440.6
61.3
–33.0
22.8
–13.1
35.7

480.7
3.1
7.1
476.7
475.3
27.0
–25.6
26.2
–11.9
38.0

451.6 428.8
4.5
0.7
1.4
–3.1
454.9 432.5
496.9 509.3
32.2 101.4
–74.1 –178.3
43.2
10.9
–19.5 –13.1
62.7
23.9

444.2
1.3
–2.4
447.9
502.1
–46.1
–8.1
–11.6
–23.1
11.6

459.4
3.5
6.9
456.0
508.2
19.8
–71.9
–2.7
–27.1
24.4

458.1
19.1
10.3
467.1
515.8
–85.6
36.8
–16.7
–22.6
5.9

–19.3
–1.4

–30.5
33.8

–71.7
57.0

–90.8
60.2

–79.3 –111.2
61.0
45.7

–71.4
30.5

–6.4
44.0

–70.7
53.6

–2.2
74.7

35.0
–15.9
–0.2
–1.7
0.7

78.6
–37.9
1.2
0.2
–3.1

36.4
–58.1
0.6
–0.3
–3.0

21.6
–46.2
4.3
–2.0
–2.9

38.2
–71.3
5.0
–0.4
–5.1

18.4
36.7
–68.2 –176.7
7.4
3.7
–4.7
–6.6
–4.6
–5.2

50.3
–77.4
4.3
–6.2
–5.0

38.2
–78.5
3.2
–11.5
–3.4

89.4
31.1
–0.9
32.0

109.5
–2.2
–0.8
–1.4

112.0
32.1
–2.8
34.9

124.4
27.8
–8.1
35.7

121.7
27.5
–10.7
38.0

83.4
36.9
–25.7
62.7

–29.6
5.9
–18.1
23.9

215.1
–6.6
–18.1
11.6

–19.3
1.4
–20.7
–1.4
80.8
79.9
0.9
–1.8
0.0
–0.1
89.5
–32.2
121.7
1.5

–30.5
1.5
–32.1
33.8
107.6
98.4
9.2
1.2
0.4
0.6
108.9
–12.2
121.2
1.3

–71.7
0.7
–72.5
57.0
95.2
81.5
13.8
1.2
1.9
–1.8
113.8
18.8
95.0
1.0

–90.8
2.5
–93.3
60.2
124.5
101.1
23.3
3.4
0.6
–0.1
124.5
25.0
99.5
1.1

–79.3 –111.2
6.7
0.3
–85.9 –111.5
61.0
45.7
108.7 109.6
87.2
85.0
21.5
24.6
4.6
4.3
0.8
1.9
–0.3
–0.8
122.0
84.3
41.7
15.7
80.3
68.5
0.8
0.6

–71.4
–4.8
–66.6
30.5
1.7
–20.4
22.0
4.8
0.9
–0.5
–29.1
11.8
–41.0
–0.4

–0.4
385.9

–0.2
398.8

0.1
407.9

0.5
411.2

0.2
453.7

0.7
327.2

559.8
3.2
3.2
3.6
36.3
0.7
0.5
4.6
26.4
1.1
0.2
4.9
569.6
3.2
3.2
3.6
531.2
27.4
28.1
26.4
–57.2 ............. ............. .............
95.7
0.3
–0.6
0.7
18.7
0.5
0.5
0.2
20.8
0.0
–0.3
0.3
–2.0
2.9
4.4
–0.1
22.6
78.6

–2.2
–0.6

–10.2
31.8

27
28
29
30
31
32
33
34
35
36

1.9
17.0

37
38

50.7
–70.5
1.0
–3.0
2.7

58.9
4.0
1.2
3.0
–64.7
–3.1
–9.3
–12.8
–3.6
0.0
0.8
–0.3
–21.1
–2.1
–4.5
–16.5
6.3 ............. ............. .............

39
40
41
42
43

113.3
–2.7
–27.1
24.4

244.0
–16.7
–22.6
5.9

312.7
18.7
20.8
–2.0

2.3
0.2
0.3
–0.1

44
45
46
47

–6.4
–4.4
–2.0
44.0
185.3
170.6
14.7
0.1
1.3
0.3
214.8
52.2
162.5
1.4

–70.7
1.7
–72.4
53.6
141.3
178.4
–37.1
–7.4
0.8
–3.3
116.6
49.1
67.5
0.5

–2.2
18.0
–20.2
74.7
199.5
195.3
4.2
–12.3
–1.1
6.0
238.1
59.2
178.8
1.5

22.6
–2.2 –10.2
1.9
19.2
7.6
0.8
34.2
3.5
–2.4 –10.6
0.3
78.6
–0.6
31.8
17.0
208.8
6.2
5.3
11.9
219.0
8.8
6.7
22.1
–10.1
0.2
3.1
–1.3
–16.8
–0.1
0.3
–0.7
–0.8
0.0
0.2
–0.1
17.6
0.0
–0.1
1.2
295.0
1.1
0.8
2.5
98.1
–0.4
0.2
0.9
196.9 ............. ............. .............
1.5 ............. ............. .............

48
49
50
51
52
53
54
55
56
57
58
59
60
61

–0.3
490.3

0.1
439.6

–0.5
543.7

–0.4 ............. ............. .............
617.0
3.6
3.0
3.9

62
63

Disposition of personal income

44 Personal income .................................................................................
45 Compensation of employees.............................................................
46
Wages and salaries.......................................................................
47
Supplements to wages and salaries .............................................
48 Proprietors’ income with inventory valuation and capital consumption adjustments .............................................................
49
Farm..............................................................................................
50
Nonfarm ........................................................................................
51 Rental income of persons with capital consumption adjustment ......
52 Personal income receipts on assets .................................................
53
Personal interest income...............................................................
54
Personal dividend income .............................................................
55 Personal current transfer receipts .....................................................
56 Less: Contributions for government social insurance, domestic .......
57 Less: Personal current taxes ................................................................
58 Equals: Disposable personal income ...............................................
59 Less: Personal outlays..........................................................................
60 Equals: Personal saving ....................................................................
61 Personal saving as a percentage of disposable personal income ....
Addenda:
62 Statistical discrepancy as a percentage of GDP ..................................
63 Gross domestic income ........................................................................
* Revisions are not shown because this series is new.

-27-

0.2
419.4

1.0
0.5
0.0
2.9

0.7
0.5
–0.4
4.4

Table 2. Contributions to Percent Change in Real Gross Domestic Product—Continues
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2007
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62

Percent change at annual rate:
Gross domestic product..............................................
Percentage points at annual rates:
Personal consumption expenditures.................................
Goods ...............................................................................
Durable goods................................................................
Motor vehicles and parts ............................................
Furnishings and durable household equipment .........
Recreational goods and vehicles ...............................
Other durable goods...................................................
Nondurable goods..........................................................
Food and beverages purchased for off-premises consumption ...........................................................
Clothing and footwear.................................................
Gasoline and other energy goods ..............................
Other nondurable goods.............................................
Services ............................................................................
Household consumption expenditures (for services) .....
Housing and utilities ...................................................
Health care.................................................................
Transportation services ..............................................
Recreation services....................................................
Food services and accommodations..........................
Financial services and insurance ...............................
Other services ............................................................
Final consumption expenditures of nonprofit institutions serving households ....................................................
Gross output of nonprofit institutions..........................
Less: Receipts from sales of goods and services by nonprofit institutions................................................
Gross private domestic investment ...................................
Fixed investment..............................................................
Nonresidential ................................................................
Structures...................................................................
Equipment ..................................................................
Information processing equipment .........................
Computers and peripheral equipment ................
Other...................................................................
Industrial equipment ...............................................
Transportation equipment .......................................
Other equipment.....................................................
Intellectual property products .....................................
Software .................................................................
Research and development....................................
Entertainment, literary, and artistic originals...........
Residential .....................................................................
Change in private inventories.........................................
Farm...............................................................................
Nonfarm .........................................................................
Net exports of goods and services....................................
Exports .............................................................................
Goods.............................................................................
Services .........................................................................
Imports..............................................................................
Goods.............................................................................
Services .........................................................................
Government consumption expenditures and gross investment ........................................................................
Federal ..............................................................................
National defense ............................................................
Consumption expenditures.........................................
Gross investment........................................................
Nondefense....................................................................
Consumption expenditures ............................................
Gross investment ...........................................................
State and local .................................................................
Consumption expenditures ............................................
Gross investment ...........................................................

1.8

2.8

1.70
0.91
0.64
0.19
0.15
0.24
0.06
0.27

3.8

3.4

II

0.3

3.1

2008
III

II

–2.7

2.0

1

1.8

–0.3

–2.8

2.5

1.8

2.8

2.08
1.14
0.62
0.10
0.14
0.28
0.10
0.51

2.58 2.35 2.02
1.19 0.96 0.85
0.71 0.47 0.36
0.09 –0.04 –0.11
0.19 0.14 0.10
0.33 0.30 0.29
0.09 0.08 0.08
0.48 0.50 0.49

1.51
0.63
0.38
0.06
0.02
0.25
0.05
0.25

–0.24
–0.58
–0.41
–0.36
–0.09
0.07
–0.04
–0.17

–1.06
–0.68
–0.41
–0.16
–0.16
–0.03
–0.06
–0.27

1.34
0.77
0.43
0.04
0.12
0.22
0.05
0.34

1.74
0.76
0.46
0.11
0.09
0.20
0.06
0.30

1.52
0.77
0.56
0.17
0.10
0.22
0.07
0.22

1.58 0.91 1.08 0.39 –0.55 0.53
0.50 0.36 0.44 0.07 –1.27 0.33
0.37 0.48 0.36 0.13 –0.93 –0.09
0.07 0.16 –0.08 –0.06 –0.53 –0.45
0.11 –0.05 0.03 –0.01 –0.19 0.09
0.17 0.24 0.35 0.21 –0.11 0.29
0.02 0.12 0.07 –0.01 –0.10 –0.02
0.12 –0.12 0.08 –0.05 –0.34 0.43

2
3
4
5
6
7
8
9

0.02
0.08
0.01
0.16
0.78
0.61
0.08
0.56
–0.07
0.01
0.06
–0.03
0.01

0.12
0.12
0.00
0.27
0.94
0.83
0.16
0.27
0.02
0.08
0.15
0.01
0.14

0.12 0.20
0.11 0.13
0.02 –0.01
0.23 0.18
1.39 1.39
1.35 1.39
0.30 0.49
0.36 0.34
0.06 0.02
0.13 0.06
0.16 0.14
0.20 0.27
0.13 0.06

0.16
0.08
0.00
0.26
1.17
0.97
0.24
0.24
0.01
0.09
0.13
0.12
0.15

0.07
0.05
0.00
0.14
0.88
0.83
0.12
0.25
0.02
0.10
0.05
0.16
0.13

–0.06
–0.01
–0.12
0.02
0.33
0.12
0.13
0.23
–0.11
–0.02
–0.04
–0.04
–0.03

–0.08 0.11 0.08 0.07 0.04 –0.10 0.02 0.08 –0.10 0.09
–0.11 0.11 0.08 0.03 0.06 –0.01 0.07 –0.03 –0.07 0.26
0.01 –0.02 –0.06 –0.04 –0.05 –0.12 –0.07 –0.10 –0.09 –0.17
–0.09 0.13 0.19 0.16 0.08 0.11 0.06 –0.01 –0.09 0.25
–0.38 0.57 0.98 0.74 1.08 0.56 0.63 0.31 0.72 0.19
–0.39 0.56 0.97 0.65 1.05 0.64 0.53 –0.01 0.52 –0.09
0.14 0.16 0.16 0.10 0.24 0.07 0.14 –0.14 0.38 0.15
0.19 0.15 0.30 0.30 0.22 0.18 0.37 0.17 0.44 0.08
–0.21 –0.02 0.05 0.02 0.04 0.00 –0.04 –0.06 –0.11 –0.15
–0.09 0.03 0.05 0.04 0.07 0.05 0.11 0.00 –0.03 –0.02
–0.17 0.06 0.17 0.15 –0.07 0.04 0.02 0.15 –0.22 0.09
–0.13 0.11 0.15 –0.07 0.27 0.23 0.11 –0.07 –0.06 –0.11
–0.13 0.06 0.09 0.10 0.27 0.08 –0.18 –0.04 0.13 –0.14

10
11
12
13
14
15
16
17
18
19
20
21
22

0.17
0.38

0.11
0.14

0.03
0.18

0.00
0.17

0.20
0.26

0.05
0.16

0.22
0.22

0.02
0.12

0.02
0.09

0.00
0.09

0.09
0.21

0.21
–0.11
–0.64
–0.93
–0.56
–0.36
–0.11
0.04
–0.15
–0.10
–0.14
–0.01
–0.02
0.00
–0.04
0.03
0.29
0.53
–0.02
0.55
–0.62
–0.18
–0.24
0.06
–0.44
–0.41
–0.04

0.03
0.71
0.69
0.23
–0.10
0.19
0.19
0.07
0.13
0.01
–0.10
0.09
0.14
0.11
–0.01
0.04
0.47
0.02
0.03
–0.01
–0.42
0.15
0.12
0.03
–0.56
–0.54
–0.03

0.14
1.55
1.18
0.62
–0.01
0.44
0.20
0.08
0.13
–0.02
0.16
0.09
0.19
0.16
0.01
0.01
0.56
0.37
0.07
0.30
–0.64
0.85
0.55
0.31
–1.49
–1.26
–0.23

0.17
1.20
1.24
0.83
0.04
0.56
0.17
0.07
0.10
0.10
0.16
0.13
0.23
0.10
0.08
0.04
0.41
–0.04
–0.06
0.02
–0.32
0.59
0.50
0.09
–0.91
–0.83
–0.07

0.06
0.42
0.37
0.87
0.20
0.51
0.25
0.13
0.12
0.10
0.10
0.06
0.16
0.07
0.09
0.01
–0.50
0.04
–0.03
0.07
–0.06
0.90
0.67
0.23
–0.96
–0.78
–0.17

0.11
–0.61
–0.37
0.76
0.39
0.19
0.23
0.08
0.15
0.04
–0.06
–0.02
0.17
0.10
0.09
–0.01
–1.13
–0.23
0.03
–0.26
0.59
0.96
0.57
0.38
–0.37
–0.25
–0.12

0.00
–1.71
–1.22
–0.09
0.21
–0.42
0.01
0.03
–0.03
–0.07
–0.30
–0.07
0.11
0.08
0.05
–0.02
–1.12
–0.49
0.01
–0.50
1.12
0.67
0.50
0.17
0.45
0.53
–0.08

0.10
–3.52
–2.77
–2.04
–0.70
–1.29
–0.17
0.00
–0.17
–0.29
–0.56
–0.27
–0.05
0.00
–0.04
–0.01
–0.73
–0.76
–0.02
–0.74
1.14
–1.10
–1.02
–0.08
2.24
2.15
0.08

0.08
1.66
0.21
0.28
–0.49
0.70
0.17
0.05
0.12
–0.01
0.43
0.10
0.07
–0.02
0.04
0.05
–0.07
1.45
–0.04
1.49
–0.51
1.28
1.08
0.20
–1.79
–1.72
–0.07

0.09
0.69
0.85
0.84
0.05
0.62
0.04
–0.01
0.05
0.16
0.27
0.14
0.17
0.10
0.05
0.01
0.01
–0.16
0.02
–0.18
0.10
0.89
0.63
0.27
–0.79
–0.70
–0.09

0.12
1.36
1.17
0.85
0.31
0.41
0.05
0.03
0.02
0.06
0.25
0.05
0.13
0.10
0.03
0.00
0.32
0.20
–0.03
0.22
0.10
0.48
0.36
0.12
–0.38
–0.30
–0.07

0.17
–0.71
–0.12
0.89
0.45
0.30
0.50
0.14
0.36
–0.11
0.03
–0.12
0.14
0.16
0.00
–0.03
–1.01
–0.58
0.23
–0.82
–0.45
0.64
0.42
0.22
–1.09
–0.92
–0.17

0.81 0.42 0.31 0.12
0.46 0.46 0.33 0.13
0.28 0.36 0.27 0.09
0.17 0.26 0.18 0.04
0.11 0.10 0.09 0.05
0.18 0.11 0.05 0.03
0.13 0.08 0.05 0.03
0.05 0.03 0.01 0.01
0.35 –0.05 –0.02 0.00
0.27 –0.06 0.01 0.06
0.09 0.02 –0.03 –0.06

0.29
0.18
0.09
0.04
0.06
0.09
0.06
0.03
0.11
0.07
0.04

0.30
0.12
0.11
0.06
0.06
0.01
0.00
0.01
0.18
0.16
0.03

0.54 0.64 0.02 –0.68 –0.20
0.50 0.44 0.37 –0.23 –0.12
0.36 0.27 0.18 –0.13 –0.17
0.25 0.25 0.16 –0.06 –0.11
0.10 0.02 0.02 –0.07 –0.06
0.14 0.17 0.19 –0.10 0.05
0.12 0.14 0.13 –0.09 0.08
0.02 0.03 0.06 0.00 –0.02
0.04 0.20 –0.35 –0.46 –0.08
0.02 0.21 –0.27 –0.30 0.00
0.02 –0.01 –0.08 –0.16 –0.08

–0.16
–0.39
–0.37
–0.34
–0.04
–0.01
0.00
–0.01
0.23
0.17
0.06

See “Explanatory Note” at the end of the tables.

-28-

1.5

Line

I

2.7

0.03 –0.09
0.20 0.01

2.7

IV

0.11
0.15

0.32
0.25

0.20
0.30

0.28
0.19

23
24

0.10
1.02
0.19
1.03
0.70
0.28
0.07
–0.04
0.11
0.33
–0.28
0.16
0.05
0.02
0.04
–0.01
–0.84
0.83
–0.21
1.04
0.53
0.78
0.49
0.30
–0.26
–0.15
–0.10

0.04
–0.44
–0.45
0.81
0.63
0.12
0.21
0.09
0.11
0.02
–0.07
–0.04
0.06
0.07
–0.01
0.00
–1.26
0.01
0.05
–0.05
1.53
1.58
0.92
0.66
–0.05
0.05
–0.10

–0.07
–1.43
–0.64
0.88
0.34
0.23
0.50
0.16
0.34
–0.28
0.03
–0.02
0.31
0.10
0.24
–0.03
–1.53
–0.79
0.03
–0.82
2.21
1.26
0.71
0.55
0.95
0.81
0.14

0.10
–2.36
–1.31
0.00
0.06
–0.30
–0.06
0.11
–0.17
–0.02
–0.05
–0.16
0.24
0.21
0.05
–0.02
–1.31
–1.05
–0.10
–0.95
–0.07
0.58
0.82
–0.24
–0.65
–0.35
–0.30

–0.09
–1.21
–0.97
–0.31
0.24
–0.61
–0.01
0.03
–0.04
–0.05
–0.56
0.01
0.06
0.03
0.06
–0.02
–0.67
–0.24
0.21
–0.44
2.05
1.42
1.07
0.35
0.63
0.51
0.13

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51

0.66
0.46
0.39
0.20
0.19
0.06
0.04
0.03
0.20
0.11
0.09

0.56
0.55
0.43
0.41
0.02
0.12
0.09
0.03
0.01
0.00
0.01

0.31 0.32 0.62
0.16 0.47 0.56
0.03 0.31 0.38
0.02 0.25 0.09
0.01 0.06 0.30
0.13 0.15 0.17
0.12 0.15 0.12
0.01 0.01 0.05
0.15 –0.15 0.07
0.09 –0.11 –0.06
0.07 –0.04 0.12

52
53
54
55
56
57
58
59
60
61
62

Table 2. Contributions to Percent Change in Real Gross Domestic Product—Table Ends
Seasonally adjusted at annual rates
Line

2008
III

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62

Percent change at annual rate:
Gross domestic product..............................................
Percentage points at annual rates:
Personal consumption expenditures.................................
Goods ...............................................................................
Durable goods................................................................
Motor vehicles and parts ............................................
Furnishings and durable household equipment .........
Recreational goods and vehicles ...............................
Other durable goods...................................................
Nondurable goods..........................................................
Food and beverages purchased for off-premises consumption ...........................................................
Clothing and footwear.................................................
Gasoline and other energy goods ..............................
Other nondurable goods.............................................
Services ............................................................................
Household consumption expenditures (for services) .....
Housing and utilities ...................................................
Health care.................................................................
Transportation services ..............................................
Recreation services....................................................
Food services and accommodations..........................
Financial services and insurance ...............................
Other services ............................................................
Final consumption expenditures of nonprofit institutions serving households ....................................................
Gross output of nonprofit institutions..........................
Less: Receipts from sales of goods and services by nonprofit institutions................................................
Gross private domestic investment ...................................
Fixed investment..............................................................
Nonresidential ................................................................
Structures...................................................................
Equipment ..................................................................
Information processing equipment .........................
Computers and peripheral equipment ................
Other...................................................................
Industrial equipment ...............................................
Transportation equipment .......................................
Other equipment.....................................................
Intellectual property products .....................................
Software .................................................................
Research and development....................................
Entertainment, literary, and artistic originals...........
Residential .....................................................................
Change in private inventories.........................................
Farm...............................................................................
Nonfarm .........................................................................
Net exports of goods and services....................................
Exports .............................................................................
Goods.............................................................................
Services .........................................................................
Imports..............................................................................
Goods.............................................................................
Services .........................................................................
Government consumption expenditures and gross investment ........................................................................
Federal ..............................................................................
National defense ............................................................
Consumption expenditures.........................................
Gross investment........................................................
Nondefense....................................................................
Consumption expenditures ............................................
Gross investment ...........................................................
State and local .................................................................
Consumption expenditures ............................................
Gross investment ...........................................................

IV

2009
I

II

–2.0 –8.3 –5.4 –0.4

2010

2011

III

IV

I

II

III

IV

I

1.3

3.9

1.6

3.9

2.8

2.8 –1.3

2012

2013

Line

II

III

IV

I

II

III

IV

I

II

3.2

1.4

4.9

3.7

1.2

2.8

0.1

1.1

1.7

1

–2.11
–1.77
–0.93
–0.47
–0.25
–0.15
–0.06
–0.84

–3.08
–3.00
–2.09
–1.01
–0.36
–0.47
–0.25
–0.92

–0.83
0.11
0.07
0.24
–0.23
0.08
–0.03
0.04

–1.13
–0.59
–0.16
0.04
–0.12
–0.10
0.02
–0.43

1.73
1.57
1.35
0.93
0.08
0.31
0.03
0.22

0.05
–0.21
–0.52
–0.92
0.11
0.28
0.01
0.31

1.42
0.88
0.37
–0.10
0.17
0.21
0.08
0.51

2.21
1.14
0.84
0.39
0.20
0.25
0.01
0.29

1.87
0.85
0.46
0.17
0.03
0.18
0.08
0.38

2.86
1.66
0.88
0.46
0.13
0.18
0.11
0.78

1.42
0.60
0.38
0.09
0.04
0.21
0.04
0.22

1.03
0.05
–0.06
–0.43
0.09
0.18
0.09
0.11

1.42
0.29
0.36
0.04
0.09
0.20
0.04
–0.08

1.65
1.14
0.93
0.56
0.17
0.25
–0.04
0.21

1.98
1.04
0.69
0.26
0.13
0.22
0.09
0.35

1.28
0.50
0.21
–0.11
0.02
0.19
0.12
0.28

1.15
0.84
0.59
0.19
0.09
0.22
0.08
0.25

1.13
0.85
0.74
0.33
0.07
0.21
0.13
0.10

1.54
0.85
0.43
0.13
0.07
0.16
0.07
0.43

1.22
0.79
0.48
–0.01
0.12
0.24
0.12
0.31

2
3
4
5
6
7
8
9

–0.27
–0.18
–0.41
0.03
–0.35
–0.58
–0.14
0.09
–0.18
–0.13
–0.16
0.03
–0.09

–0.50
–0.31
0.22
–0.31
–0.08
–0.35
0.44
0.13
–0.33
–0.13
–0.25
–0.22
0.02

–0.04
–0.10
0.27
–0.08
–0.94
–0.71
0.09
0.31
–0.28
–0.10
–0.29
–0.16
–0.28

0.16
–0.16
–0.17
–0.26
–0.54
–0.37
0.11
0.35
–0.15
–0.10
–0.16
–0.12
–0.30

0.13
0.09
–0.07
0.07
0.15
0.14
0.10
0.18
–0.11
–0.05
–0.04
0.01
0.06

0.21
0.08
–0.10
0.13
0.26
0.10
0.26
–0.14
–0.08
0.07
–0.02
–0.15
0.15

0.19
0.19
0.01
0.13
0.54
0.53
0.18
–0.11
0.01
0.08
0.15
0.21
0.01

–0.15
0.14
0.10
0.21
1.07
1.00
–0.02
0.41
0.04
–0.06
0.13
0.41
0.08

0.09
0.02
0.05
0.23
1.02
1.14
0.27
0.44
0.05
0.15
0.10
–0.02
0.15

0.31
0.27
–0.04
0.25
1.20
1.27
0.28
0.43
0.04
0.08
0.14
0.20
0.10

0.07
0.05
–0.08
0.19
0.81
0.84
0.06
0.24
0.02
–0.06
0.21
0.22
0.14

0.08
0.10
–0.25
0.18
0.98
0.94
0.17
0.30
0.09
0.15
0.20
0.02
0.00

–0.05
–0.15
–0.01
0.14
1.14
0.84
0.32
–0.09
0.06
0.07
0.14
0.31
0.03

–0.02
0.09
–0.02
0.15
0.51
0.66
–0.13
0.55
0.02
0.02
0.18
–0.10
0.12

0.15
0.10
–0.12
0.22
0.94
0.87
–0.12
0.54
–0.01
0.05
0.18
–0.05
0.28

0.12
–0.09
0.18
0.07
0.78
0.52
0.55
0.03
0.04
0.01
0.10
–0.17
–0.04

0.09
0.11
–0.08
0.14
0.31
0.25
0.16
0.26
0.02
0.03
0.05
–0.35
0.09

0.05
–0.04
–0.14
0.23
0.29
0.13
–0.35
0.26
–0.01
–0.04
0.27
–0.01
0.01

0.11
0.04
0.11
0.17
0.69
1.04
0.58
0.14
0.06
0.06
0.11
0.27
–0.17

–0.07
0.16
0.11
0.11
0.43
0.64
–0.04
0.30
0.04
0.07
–0.01
0.20
0.08

10
11
12
13
14
15
16
17
18
19
20
21
22

0.23 0.28 –0.23 –0.17 0.01 0.16 0.00 0.07 –0.11 –0.07 –0.03 0.04 0.30 –0.15 0.06 0.26 0.06 0.16 –0.35 –0.22
0.24 0.23 0.05 0.07 0.10 0.02 –0.08 0.32 0.18 0.17 –0.06 0.11 0.00 0.26 0.39 0.09 0.31 0.09 –0.22 0.00

23
24

0.01
–1.86
–2.12
–1.42
–0.10
–1.18
–0.36
–0.16
–0.20
–0.10
–0.69
–0.03
–0.14
0.02
–0.12
–0.04
–0.71
0.26
0.08
0.19
0.88
–0.45
–0.22
–0.23
1.33
1.54
–0.21

–0.05
–5.74
–4.29
–3.00
–0.35
–2.50
–0.74
–0.20
–0.53
–0.25
–1.04
–0.47
–0.15
–0.09
–0.04
–0.02
–1.29
–1.45
–0.05
–1.40
–0.08
–2.92
–2.73
–0.19
2.85
2.98
–0.14

0.28
–7.02
–4.75
–3.58
–1.10
–2.25
–0.23
0.03
–0.26
–0.67
–0.96
–0.39
–0.23
–0.04
–0.17
–0.03
–1.17
–2.26
–0.09
–2.17
2.25
–3.59
–3.13
–0.46
5.84
5.33
0.51

0.23
–3.25
–2.13
–1.46
–1.03
–0.60
0.03
0.10
–0.07
–0.23
–0.02
–0.37
0.16
0.07
0.08
0.02
–0.66
–1.12
–0.01
–1.11
2.40
0.10
–0.18
0.28
2.29
2.15
0.14

0.09
–0.40
–0.02
–0.54
–0.84
0.25
0.43
0.12
0.31
–0.11
0.09
–0.16
0.04
0.07
–0.02
–0.01
0.52
–0.38
–0.09
–0.29
–0.53
1.45
1.41
0.04
–1.98
–1.92
–0.06

–0.15
4.05
–0.36
–0.37
–0.98
0.36
0.27
0.25
0.02
–0.06
0.20
–0.05
0.25
0.10
0.11
0.04
0.01
4.40
0.10
4.30
–0.05
2.42
1.99
0.43
–2.47
–2.41
–0.06

–0.08
1.77
0.11
0.46
–0.73
1.25
0.14
0.03
0.12
–0.09
0.87
0.34
–0.07
–0.15
0.01
0.08
–0.35
1.66
–0.06
1.72
–0.96
0.73
0.85
–0.12
–1.70
–1.68
–0.02

0.25
2.86
1.77
1.21
0.27
1.02
0.06
–0.03
0.09
0.22
0.55
0.19
–0.08
–0.14
–0.03
0.09
0.56
1.09
–0.09
1.18
–1.77
1.10
0.93
0.17
–2.87
–2.77
–0.10

0.29
1.86
–0.04
0.90
–0.15
0.83
0.13
–0.09
0.22
0.04
0.54
0.12
0.22
0.06
0.11
0.05
–0.94
1.90
–0.11
2.01
–0.88
1.27
0.70
0.57
–2.15
–1.79
–0.36

0.24
–0.51
1.13
0.94
0.18
0.57
0.19
–0.03
0.22
0.14
0.08
0.16
0.19
0.09
0.06
0.04
0.19
–1.64
0.02
–1.66
1.32
1.47
1.07
0.40
–0.15
–0.22
0.07

–0.02
–1.11
–0.05
–0.09
–0.82
0.59
–0.15
–0.09
–0.06
0.22
0.26
0.25
0.14
0.13
0.04
–0.03
0.04
–1.06
0.11
–1.17
0.01
0.48
0.38
0.09
–0.46
–0.61
0.14

0.06
1.88
1.16
1.09
0.68
0.23
0.14
0.14
0.00
0.00
0.04
0.05
0.18
0.13
0.06
–0.01
0.07
0.72
–0.02
0.74
0.53
0.64
0.34
0.30
–0.11
0.10
–0.21

–0.30
0.36
1.96
1.81
0.62
0.99
–0.01
0.03
–0.03
0.33
0.43
0.24
0.20
0.14
0.05
0.01
0.15
–1.60
0.08
–1.68
0.10
0.92
0.53
0.39
–0.82
–0.50
–0.32

0.41
4.13
1.39
1.10
0.35
0.54
0.05
0.06
–0.01
0.23
0.47
–0.20
0.21
0.16
0.03
0.02
0.29
2.73
0.05
2.68
–0.60
0.38
0.72
–0.35
–0.98
–0.93
–0.05

0.33
1.57
1.21
0.68
0.18
0.45
0.23
0.11
0.12
–0.19
0.30
0.11
0.05
0.03
0.03
–0.01
0.53
0.36
0.08
0.27
0.44
0.56
0.17
0.39
–0.12
–0.12
0.00

–0.16
–0.23
0.68
0.53
0.18
0.29
–0.20
–0.10
–0.10
0.12
0.29
0.08
0.07
0.11
–0.03
0.00
0.15
–0.91
–0.14
–0.76
0.10
0.51
0.48
0.03
–0.41
–0.35
–0.06

0.25
0.99
0.39
0.04
0.15
–0.22
–0.08
–0.19
0.11
0.00
–0.25
0.10
0.11
0.06
0.04
0.00
0.35
0.60
–0.32
0.91
–0.03
0.05
0.16
–0.10
–0.08
–0.05
–0.03

–0.07
–0.36
1.63
1.13
0.44
0.47
0.31
0.28
0.04
0.07
0.01
0.07
0.21
0.16
0.05
0.01
0.50
–2.00
0.10
–2.09
0.68
0.15
–0.28
0.43
0.53
0.50
0.03

0.13
0.71
–0.23
–0.57
–0.80
0.09
–0.05
–0.08
0.04
0.00
–0.10
0.24
0.14
0.13
–0.01
0.02
0.34
0.93
0.88
0.06
–0.28
–0.18
–0.27
0.09
–0.10
0.03
–0.13

0.22
1.34
0.93
0.55
0.17
0.23
0.19
–0.04
0.23
0.00
0.07
–0.03
0.15
0.07
0.07
0.01
0.38
0.41
0.13
0.28
–0.81
0.71
0.49
0.22
–1.51
–1.29
–0.22

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51

1.13
0.91
0.85
0.73
0.12
0.06
0.02
0.04
0.22
0.19
0.03

0.56
0.56
0.29
0.24
0.05
0.28
0.24
0.04
0.00
0.19
–0.19

0.15
–0.24
–0.45
–0.25
–0.20
0.21
0.20
0.01
0.39
0.39
0.00

1.56
1.09
0.87
0.70
0.18
0.21
0.20
0.01
0.47
0.29
0.18

0.48
0.47
0.46
0.41
0.06
0.01
–0.06
0.07
0.01
0.04
–0.03

–0.17
0.02
–0.07
0.01
–0.08
0.09
0.04
0.06
–0.19
0.07
–0.26

–0.63
0.32
–0.11
–0.05
–0.06
0.43
0.34
0.09
–0.95
–0.68
–0.28

0.61
0.71
0.34
0.23
0.11
0.37
0.28
0.09
–0.10
–0.35
0.24

–0.07
0.32
0.41
0.37
0.04
–0.09
–0.11
0.02
–0.39
–0.41
0.02

–0.87
–0.23
–0.19
–0.25
0.06
–0.04
–0.05
0.01
–0.63
–0.35
–0.28

–1.61
–0.94
–0.83
–0.47
–0.36
–0.11
–0.13
0.02
–0.67
–0.33
–0.34

–0.25
0.16
0.36
0.31
0.06
–0.21
–0.17
–0.04
–0.41
–0.26
–0.15

–0.52
–0.29
0.13
0.19
–0.06
–0.42
–0.39
–0.03
–0.23
–0.17
–0.06

–0.31
–0.25
–0.57
–0.58
0.00
0.32
0.38
–0.06
–0.05
–0.04
–0.01

–0.28
–0.20
–0.36
–0.11
–0.25
0.16
0.18
–0.02
–0.08
0.10
–0.18

0.05
–0.02
–0.05
–0.13
0.08
0.04
0.03
0.00
0.07
0.03
0.04

0.67
0.69
0.60
0.61
–0.01
0.08
0.08
0.00
–0.02
0.12
–0.14

–1.31
–1.19
–1.22
–1.14
–0.08
0.03
0.05
–0.02
–0.12
–0.01
–0.11

–0.82
–0.68
–0.57
–0.38
–0.18
–0.11
–0.05
–0.05
–0.14
0.01
–0.16

–0.08
–0.12
–0.02
–0.15
0.12
–0.09
–0.08
–0.01
0.04
0.04
–0.01

52
53
54
55
56
57
58
59
60
61
62

See “Explanatory Note” at the end of the tables.

-29-

Table 2A. Contributions to Percent Change in Real Gross Domestic Product—Continues
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2007
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Percent change at annual rate:
Gross domestic product......................................................
Previously published...........................................................
Percentage points at annual rates:
Personal consumption expenditures.........................................
Previously published ..................................................................
Goods .......................................................................................
Previously published ..............................................................
Durable goods........................................................................
Previously published...........................................................
Motor vehicles and parts ....................................................
Previously published.......................................................
Furnishings and durable household equipment .................
Previously published.......................................................
Recreational goods and vehicles .......................................
Previously published.......................................................
Other durable goods...........................................................
Previously published.......................................................
Nondurable goods..................................................................
Previously published...........................................................
Food and beverages purchased for off-premises consumption ...................................................................
Previously published.......................................................
Clothing and footwear.........................................................
Previously published.......................................................
Gasoline and other energy goods ......................................
Previously published.......................................................
Other nondurable goods.....................................................
Previously published.......................................................
Services ....................................................................................
Previously published ..............................................................
Household consumption expenditures (for services) .............
Previously published...........................................................
Housing and utilities ...........................................................
Previously published.......................................................
Health care.........................................................................
Previously published.......................................................
Transportation services ......................................................
Previously published.......................................................
Recreation services............................................................
Previously published.......................................................
Food services and accommodations..................................
Previously published.......................................................
Financial services and insurance .......................................
Previously published.......................................................
Other services ....................................................................
Previously published.......................................................
Final consumption expenditures of nonprofit institutions serving households ............................................................
Previously published...........................................................
Gross output of nonprofit institutions..................................
Previously published.......................................................
Less: Receipts from sales of goods and services by nonprofit institutions........................................................
Previously published.......................................................
Gross private domestic investment ...........................................
Previously published ..................................................................
Fixed investment......................................................................
Previously published ..............................................................
Nonresidential ........................................................................
Previously published...........................................................
Structures...........................................................................
Previously published.......................................................
Equipment ..........................................................................
Previously published * ....................................................

1.8
1.8

2.8
2.5

1.70
1.85
0.91
0.99
0.64
0.69
0.19
0.19
0.15
0.15
0.24
0.27
0.06
0.07
0.27
0.30
0.02
0.01
0.08
0.08
0.01
0.03
0.16
0.18
0.78
0.86
0.61
0.69
0.08
0.09
0.56
0.57
–0.07
–0.07
0.01
0.02
0.06
0.06
–0.03
–0.02
0.01
0.04
0.17
0.17
0.38
0.39

3.8
3.5

3.4
3.1

II

3.1
3.6

2.7
2.7

1.8
1.9

–0.3
–0.3

–2.8
–3.1

2.5
2.4

1.8
1.8

2.8
2.2

0.3
0.5

2.08
1.97
1.14
1.12
0.62
0.60
0.10
0.10
0.14
0.12
0.28
0.29
0.10
0.09
0.51
0.52

2.58 2.35 2.02
2.30 2.35 1.98
1.19 0.96 0.85
1.09 1.01 0.80
0.71 0.47 0.36
0.65 0.52 0.39
0.09 –0.04 –0.11
0.05 –0.02 –0.11
0.19 0.14 0.10
0.16 0.12 0.09
0.33 0.30 0.29
0.35 0.33 0.33
0.09 0.08 0.08
0.09 0.10 0.09
0.48 0.50 0.49
0.44 0.49 0.41

1.51
1.60
0.63
0.71
0.38
0.42
0.06
0.05
0.02
0.01
0.25
0.30
0.05
0.05
0.25
0.29

–0.24
–0.39
–0.58
–0.59
–0.41
–0.41
–0.36
–0.38
–0.09
–0.08
0.07
0.09
–0.04
–0.04
–0.17
–0.18

–1.06
–1.36
–0.68
–0.69
–0.41
–0.41
–0.16
–0.16
–0.16
–0.15
–0.03
–0.03
–0.06
–0.06
–0.27
–0.28

1.34
1.28
0.77
0.82
0.43
0.45
0.04
0.05
0.12
0.11
0.22
0.24
0.05
0.05
0.34
0.37

1.74
1.79
0.76
0.89
0.46
0.53
0.11
0.13
0.09
0.10
0.20
0.25
0.06
0.05
0.30
0.36

1.52
1.32
0.77
0.74
0.56
0.58
0.17
0.19
0.10
0.10
0.22
0.24
0.07
0.07
0.22
0.15

1.58
1.56
0.50
0.63
0.37
0.43
0.07
0.06
0.11
0.09
0.17
0.22
0.02
0.05
0.12
0.20

0.12
0.07
0.12
0.13
0.00
0.05
0.27
0.27
0.94
0.85
0.83
0.77
0.16
0.16
0.27
0.22
0.02
0.01
0.08
0.08
0.15
0.15
0.01
0.00
0.14
0.14

0.12 0.20 0.16 0.07 –0.06 –0.08
0.06 0.17 0.15 0.08 –0.05 –0.09
0.11 0.13 0.08 0.05 –0.01 –0.11
0.12 0.15 0.11 0.08 –0.01 –0.12
0.02 –0.01 0.00 0.00 –0.12 0.01
0.03 –0.02 –0.06 –0.02 –0.13 0.02
0.23 0.18 0.26 0.14 0.02 –0.09
0.23 0.19 0.21 0.15 0.02 –0.09
1.39 1.39 1.17 0.88 0.33 –0.38
1.22 1.34 1.18 0.89 0.21 –0.67
1.35 1.39 0.97 0.83 0.12 –0.39
1.23 1.39 1.00 0.81 0.00 –0.70
0.30 0.49 0.24 0.12 0.13 0.14
0.28 0.57 0.27 0.08 0.09 0.14
0.36 0.34 0.24 0.25 0.23 0.19
0.33 0.34 0.19 0.24 0.25 0.19
0.06 0.02 0.01 0.02 –0.11 –0.21
0.06 0.02 0.00 0.02 –0.12 –0.21
0.13 0.06 0.09 0.10 –0.02 –0.09
0.14 0.05 0.09 0.10 –0.03 –0.11
0.16 0.14 0.13 0.05 –0.04 –0.17
0.17 0.15 0.14 0.06 –0.04 –0.17
0.20 0.27 0.12 0.16 –0.04 –0.13
0.14 0.19 0.14 0.18 –0.06 –0.39
0.13 0.06 0.15 0.13 –0.03 –0.13
0.12 0.07 0.16 0.14 –0.08 –0.13

0.11 0.03 0.00
0.09 –0.01 –0.05
0.14 0.18 0.17
0.11 0.14 0.11

0.20
0.18
0.26
0.22

0.05
0.08
0.16
0.18

0.22
0.20
0.22
0.22

0.02
0.03
0.12
0.13

0.21 0.03 0.14 0.17 0.06
0.23 0.02 0.15 0.16 0.04
–0.11 0.71 1.55 1.20 0.42
–0.22 0.60 1.57 0.93 0.47
–0.64 0.69 1.18 1.24 0.37
–0.70 0.54 1.15 1.05 0.40
–0.93 0.23 0.62 0.83 0.87
–0.94 0.14 0.63 0.69 0.86
–0.56 –0.10 –0.01 0.04 0.20
–0.58 –0.10 0.03 0.04 0.27
–0.36 0.19 0.44 0.56 0.51
.......... .......... .......... ......... ..........

0.11
0.11
–0.61
–0.56
–0.37
–0.33
0.76
0.73
0.39
0.46
0.19
..........

0.00
0.02
–1.71
–1.66
–1.22
–1.15
–0.09
–0.09
0.21
0.24
–0.42
.........

0.10
0.10
–3.52
–3.59
–2.77
–2.80
–2.04
–2.08
–0.70
–0.85
–1.29
..........

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

-30-

0.00
0.07
0.09
0.20

–2.7
–1.8

Line
II

0.91 1.08 0.39 –0.55 0.53
1.09 1.24 0.83 –0.70 –0.08
0.36 0.44 0.07 –1.27 0.33
0.46 0.72 0.25 –1.37 0.12
0.48 0.36 0.13 –0.93 –0.09
0.48 0.43 0.19 –0.84 –0.23
0.16 –0.08 –0.06 –0.53 –0.45
0.17 –0.09 –0.07 –0.48 –0.58
–0.05 0.03 –0.01 –0.19 0.09
–0.06 0.05 0.02 –0.17 0.07
0.24 0.35 0.21 –0.11 0.29
0.25 0.41 0.25 –0.09 0.30
0.12 0.07 –0.01 –0.10 –0.02
0.12 0.07 –0.01 –0.09 –0.02
–0.12 0.08 –0.05 –0.34 0.43
–0.02 0.29 0.06 –0.53 0.35

3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

–0.10
–0.11
–0.01
0.02
–0.12
–0.05
0.11
0.13
0.56
0.63
0.64
0.72
0.07
0.04
0.18
0.14
0.00
–0.01
0.05
0.09
0.04
0.02
0.23
0.28
0.08
0.16

0.02
0.09
0.07
0.09
–0.07
0.00
0.06
0.11
0.63
0.52
0.53
0.25
0.14
0.13
0.37
0.13
–0.04
–0.04
0.11
0.08
0.02
0.03
0.11
0.14
–0.18
–0.22

0.08
0.16
–0.03
–0.01
–0.10
–0.13
–0.01
0.04
0.31
0.58
–0.01
0.30
–0.14
–0.09
0.17
0.28
–0.06
–0.07
0.00
–0.02
0.15
0.16
–0.07
0.09
–0.04
–0.04

–0.10
–0.14
–0.07
–0.08
–0.09
–0.20
–0.09
–0.11
0.72
0.67
0.52
0.42
0.38
0.32
0.44
0.36
–0.11
–0.12
–0.03
0.00
–0.22
–0.21
–0.06
0.00
0.13
0.08

0.09
0.05
0.26
0.25
–0.17
–0.15
0.25
0.21
0.19
–0.20
–0.09
–0.32
0.15
–0.01
0.08
0.31
–0.15
–0.16
–0.02
–0.05
0.09
0.08
–0.11
–0.24
–0.14
–0.24

19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44

0.09 0.03 –0.09
0.07 –0.05 –0.09
0.21 0.20 0.01
0.20 0.31 0.01

0.11
0.27
0.15
0.08

0.32
0.28
0.25
0.27

0.20
0.25
0.30
0.31

0.28
0.12
0.19
0.22

45
46
47
48

0.04
–0.19
–0.44
–0.50
–0.45
–0.22
0.81
1.03
0.63
0.82
0.12
..........

–0.07
–0.01
–1.43
–1.58
–0.64
–0.81
0.88
0.62
0.34
0.28
0.23
..........

0.10
0.05
–2.36
–2.02
–1.31
–1.36
0.00
–0.10
0.06
0.03
–0.30
..........

–0.09
0.10
–1.21
–0.94
–0.97
–0.80
–0.31
–0.25
0.24
0.37
–0.61
..........

49
50
51
52
53
54
55
56
57
58
59
60

0.17 0.10
0.36 0.10
–0.71 1.02
–0.68 1.49
–0.12 0.19
–0.18 0.58
0.89 1.03
0.72 1.20
0.45 0.70
0.35 0.89
0.30 0.28
.......... .........

1.5
1.7

I

1
2

0.08 0.09 0.12
0.08 0.13 0.13
1.66 0.69 1.36
1.50 0.62 1.19
0.21 0.85 1.17
–0.03 0.76 1.05
0.28 0.84 0.85
0.07 0.80 0.78
–0.49 0.05 0.31
–0.50 0.07 0.29
0.70 0.62 0.41
.......... ......... ..........

2.7
3.0

IV

2.0
1.3

0.11 0.08 0.07 0.04
0.11 0.13 0.00 0.03
0.11 0.08 0.03 0.06
0.12 0.08 0.03 0.12
–0.02 –0.06 –0.04 –0.05
–0.01 –0.09 –0.03 –0.05
0.13 0.19 0.16 0.08
0.14 0.25 0.15 0.09
0.57 0.98 0.74 1.08
0.46 0.90 0.58 0.93
0.56 0.97 0.65 1.05
0.44 0.82 0.51 0.99
0.16 0.16 0.10 0.24
0.11 0.07 0.00 0.01
0.15 0.30 0.30 0.22
0.15 0.39 0.22 0.45
–0.02 0.05 0.02 0.04
–0.02 0.04 0.03 0.04
0.03 0.05 0.04 0.07
0.03 0.07 0.03 0.06
0.06 0.17 0.15 –0.07
0.11 0.16 0.15 –0.05
0.11 0.15 –0.07 0.27
0.02 –0.02 0.03 0.18
0.06 0.09 0.10 0.27
0.04 0.11 0.05 0.29
0.02
0.02
0.09
0.11

2008
III

Table 2A. Contributions to Percent Change in Real Gross Domestic Product—Continues
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2007

2008

I
61
Information processing equipment .................................
62
Previously published *.................................................
63
Computers and peripheral equipment ........................
64
Previously published ...............................................
65
Other...........................................................................
66
Previously published ...............................................
67
Industrial equipment .......................................................
68
Previously published ...................................................
69
Transportation equipment ...............................................
70
Previously published ...................................................
71
Other equipment.............................................................
72
Previously published ...................................................
73
Intellectual property products .............................................
74
Previously published * ....................................................
75
Software .........................................................................
76
Previously published ...................................................
77
Research and development............................................
78
Previously published *.................................................
79
Entertainment, literary, and artistic originals...................
80
Previously published *.................................................
81
Residential .............................................................................
82
Previously published.......................................................
83 Change in private inventories.................................................
84
Previously published ..............................................................
85
Farm.......................................................................................
86
Previously published...........................................................
87
Nonfarm .................................................................................
88
Previously published...........................................................
89 Net exports of goods and services............................................
90 Previously published ..................................................................
91 Exports .....................................................................................
92
Previously published ..............................................................
93
Goods.....................................................................................
94
Previously published...........................................................
95
Services .................................................................................
96
Previously published...........................................................
97 Imports......................................................................................
98
Previously published ..............................................................
99
Goods.....................................................................................
100
Previously published...........................................................
101
Services .................................................................................
102
Previously published...........................................................
103 Government consumption expenditures and gross investment ................................................................................
104 Previously published ..................................................................
105 Federal ......................................................................................
106
Previously published ..............................................................
107
National defense ....................................................................
108
Previously published...........................................................
109
Consumption expenditures.................................................
110
Previously published.......................................................
111
Gross investment................................................................
112
Previously published.......................................................
113
Nondefense............................................................................
114
Previously published...........................................................
115
Consumption expenditures.................................................
116
Previously published.......................................................
117
Gross investment................................................................
118
Previously published.......................................................
119 State and local .........................................................................
120
Previously published ..............................................................
121
Consumption expenditures ....................................................
122
Previously published...........................................................
123
Gross investment ...................................................................
124
Previously published...........................................................

–0.11
..........
0.04
0.04
–0.15
–0.15
–0.10
–0.10
–0.14
–0.14
–0.01
–0.01
–0.02
..........
0.00
0.00
–0.04
..........
0.03
..........
0.29
0.24
0.53
0.48
–0.02
–0.02
0.55
0.50
–0.62
–0.65
–0.18
–0.20
–0.24
–0.25
0.06
0.05
–0.44
–0.46
–0.41
–0.42
–0.04
–0.04

0.19
..........
0.07
0.06
0.13
0.12
0.01
0.00
–0.10
–0.12
0.09
0.06
0.14
..........
0.11
0.12
–0.01
..........
0.04
..........
0.47
0.40
0.02
0.06
0.03
0.03
–0.01
0.03
–0.42
–0.45
0.15
0.15
0.12
0.12
0.03
0.03
–0.56
–0.60
–0.54
–0.56
–0.03
–0.04

0.81
0.84
0.46
0.44
0.28
0.28
0.17
0.22
0.11
0.06
0.18
0.15
0.13
0.13
0.05
0.03
0.35
0.40
0.27
0.32
0.09
0.08

0.42
0.42
0.46
0.43
0.36
0.36
0.26
0.31
0.10
0.05
0.11
0.07
0.08
0.06
0.03
0.00
–0.05
–0.01
–0.06
–0.03
0.02
0.02

0.20
..........
0.08
0.08
0.13
0.12
–0.02
–0.04
0.16
0.19
0.09
0.08
0.19
..........
0.16
0.17
0.01
..........
0.01
..........
0.56
0.52
0.37
0.42
0.07
0.07
0.30
0.35
–0.64
–0.66
0.85
0.90
0.55
0.56
0.31
0.34
–1.49
–1.55
–1.26
–1.29
–0.23
–0.26

0.17
.........
0.07
0.07
0.10
0.09
0.10
0.10
0.16
0.16
0.13
0.12
0.23
.........
0.10
0.11
0.08
.........
0.04
.........
0.41
0.36
–0.04
–0.13
–0.06
–0.07
0.02
–0.06
–0.32
–0.27
0.59
0.67
0.50
0.52
0.09
0.15
–0.91
–0.95
–0.83
–0.87
–0.07
–0.07

0.31 0.12
0.26 0.06
0.33 0.13
0.28 0.09
0.27 0.09
0.26 0.07
0.18 0.04
0.21 0.04
0.09 0.05
0.05 0.03
0.05 0.03
0.02 0.02
0.05 0.03
0.03 0.01
0.01 0.01
0.00 0.01
–0.02 0.00
–0.02 –0.03
0.01 0.06
0.00 0.04
–0.03 –0.06
–0.02 –0.07

0.25
..........
0.13
0.13
0.12
0.11
0.10
0.10
0.10
0.12
0.06
0.05
0.16
..........
0.07
0.07
0.09
..........
0.01
..........
–0.50
–0.46
0.04
0.07
–0.03
–0.03
0.07
0.10
–0.06
–0.06
0.90
0.93
0.67
0.68
0.23
0.25
–0.96
–0.98
–0.78
–0.81
–0.17
–0.18

0.23
..........
0.08
0.08
0.15
0.11
0.04
0.05
–0.06
–0.08
–0.02
–0.01
0.17
..........
0.10
0.10
0.09
..........
–0.01
..........
–1.13
–1.05
–0.23
–0.23
0.03
0.03
–0.26
–0.26
0.59
0.62
0.96
1.03
0.57
0.75
0.38
0.28
–0.37
–0.40
–0.25
–0.37
–0.12
–0.04

IV

I

0.21
..........
0.09
0.11
0.11
0.11
0.02
0.01
–0.07
–0.08
–0.04
–0.01
0.06
..........
0.07
0.06
–0.01
..........
0.00
..........
–1.26
–1.25
0.01
–0.28
0.05
0.08
–0.05
–0.36
1.53
1.55
1.58
1.72
0.92
0.98
0.66
0.74
–0.05
–0.17
0.05
–0.05
–0.10
–0.12

0.50
..........
0.16
0.15
0.34
0.34
–0.28
–0.27
0.03
0.04
–0.02
0.00
0.31
..........
0.10
0.09
0.24
..........
–0.03
..........
–1.53
–1.43
–0.79
–0.77
0.03
0.06
–0.82
–0.83
2.21
2.22
1.26
1.32
0.71
0.78
0.55
0.54
0.95
0.90
0.81
0.79
0.14
0.11

–0.06
..........
0.11
0.13
–0.17
–0.24
–0.02
0.01
–0.05
–0.06
–0.16
–0.17
0.24
..........
0.21
0.19
0.05
..........
–0.02
..........
–1.31
–1.26
–1.05
–0.66
–0.10
–0.17
–0.95
–0.49
–0.07
0.38
0.58
0.65
0.82
0.75
–0.24
–0.10
–0.65
–0.28
–0.35
0.05
–0.30
–0.33

0.04
.........
–0.01
0.06
0.05
–0.01
0.16
0.14
0.27
0.26
0.14
0.14
0.17
.........
0.10
0.12
0.05
.........
0.01
.........
0.01
–0.03
–0.16
–0.14
0.02
0.02
–0.18
–0.17
0.10
0.07
0.89
0.87
0.63
0.65
0.27
0.22
–0.79
–0.80
–0.70
–0.72
–0.09
–0.08

0.05
..........
0.03
0.02
0.02
0.01
0.06
0.09
0.25
0.19
0.05
0.08
0.13
..........
0.10
0.10
0.03
..........
0.00
..........
0.32
0.27
0.20
0.14
–0.03
–0.06
0.22
0.20
0.10
0.04
0.48
0.47
0.36
0.41
0.12
0.06
–0.38
–0.43
–0.30
–0.31
–0.07
–0.12

0.50
..........
0.14
0.15
0.36
0.27
–0.11
–0.09
0.03
–0.01
–0.12
–0.13
0.14
..........
0.16
0.18
0.00
..........
–0.03
..........
–1.01
–0.91
–0.58
–0.49
0.23
0.25
–0.82
–0.74
–0.45
–0.25
0.64
0.71
0.42
0.95
0.22
–0.24
–1.09
–0.96
–0.92
–1.12
–0.17
0.16

0.07
.........
–0.04
–0.03
0.11
0.09
0.33
0.38
–0.28
–0.32
0.16
0.18
0.05
.........
0.02
0.01
0.04
.........
–0.01
.........
–0.84
–0.62
0.83
0.90
–0.21
–0.31
1.04
1.21
0.53
0.42
0.78
0.76
0.49
0.58
0.30
0.17
–0.26
–0.33
–0.15
–0.23
–0.10
–0.10

0.29 0.30 0.54 0.64 0.02
0.26 0.25 0.50 0.74 0.14
0.18 0.12 0.50 0.44 0.37
0.15 0.09 0.50 0.46 0.37
0.09 0.11 0.36 0.27 0.18
0.07 0.11 0.36 0.31 0.17
0.04 0.06 0.25 0.25 0.16
0.03 0.07 0.25 0.25 0.15
0.06 0.06 0.10 0.02 0.02
0.04 0.04 0.11 0.05 0.02
0.09 0.01 0.14 0.17 0.19
0.07 –0.02 0.15 0.16 0.20
0.06 0.00 0.12 0.14 0.13
0.05 –0.02 0.12 0.15 0.15
0.03 0.01 0.02 0.03 0.06
0.02 0.00 0.02 0.01 0.05
0.11 0.18 0.04 0.20 –0.35
0.11 0.17 0.00 0.28 –0.23
0.07 0.16 0.02 0.21 –0.27
0.07 0.15 –0.02 0.31 –0.14
0.04 0.03 0.02 –0.01 –0.08
0.04 0.02 0.02 –0.04 –0.09

–0.68
–0.67
–0.23
–0.23
–0.13
–0.15
–0.06
–0.09
–0.07
–0.06
–0.10
–0.09
–0.09
–0.08
0.00
–0.01
–0.46
–0.43
–0.30
–0.24
–0.16
–0.19

–0.20
–0.34
–0.12
–0.18
–0.17
–0.17
–0.11
–0.14
–0.06
–0.02
0.05
–0.01
0.08
0.01
–0.02
–0.02
–0.08
–0.17
0.00
–0.09
–0.08
–0.08

–0.16
–0.09
–0.39
–0.34
–0.37
–0.35
–0.34
–0.27
–0.04
–0.08
–0.01
0.01
0.00
0.02
–0.01
–0.01
0.23
0.25
0.17
0.17
0.06
0.07

0.66
0.64
0.46
0.48
0.39
0.38
0.20
0.20
0.19
0.17
0.06
0.11
0.04
0.08
0.03
0.03
0.20
0.16
0.11
0.14
0.09
0.02

-31-

–0.17
..........
0.00
–0.03
–0.17
–0.13
–0.29
–0.29
–0.56
–0.54
–0.27
–0.25
–0.05
..........
0.00
0.01
–0.04
..........
–0.01
..........
–0.73
–0.73
–0.76
–0.78
–0.02
–0.02
–0.74
–0.76
1.14
1.14
–1.10
–1.14
–1.02
–1.05
–0.08
–0.10
2.24
2.28
2.15
2.19
0.08
0.09

III

0.17
..........
0.05
0.02
0.12
0.10
–0.01
–0.01
0.43
0.38
0.10
0.04
0.07
..........
–0.02
0.05
0.04
..........
0.05
..........
–0.07
–0.09
1.45
1.52
–0.04
–0.04
1.49
1.56
–0.51
–0.52
1.28
1.29
1.08
1.11
0.20
0.18
–1.79
–1.81
–1.72
–1.74
–0.07
–0.07

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

0.01
.........
0.03
0.05
–0.03
–0.04
–0.07
–0.05
–0.30
–0.31
–0.07
–0.05
0.11
.........
0.08
0.07
0.05
.........
–0.02
.........
–1.12
–1.05
–0.49
–0.51
0.01
0.01
–0.50
–0.52
1.12
1.21
0.67
0.73
0.50
0.53
0.17
0.20
0.45
0.47
0.53
0.57
–0.08
–0.10

II

Line
II

–0.01 61
.......... 62
0.03 63
0.05 64
–0.04 65
–0.06 66
–0.05 67
–0.04 68
–0.56 69
–0.63 70
0.01 71
0.03 72
0.06 73
.......... 74
0.03 75
0.01 76
0.06 77
.......... 78
–0.02 79
.......... 80
–0.67 81
–0.55 82
–0.24 83
–0.14 84
0.21 85
0.32 86
–0.44 87
–0.46 88
2.05 89
2.00 90
1.42 91
1.56 92
1.07 93
1.21 94
0.35 95
0.35 96
0.63 97
0.44 98
0.51 99
0.31 100
0.13 101
0.13 102

0.56 0.31 0.32 0.62 103
0.67 0.23 0.58 0.34 104
0.55 0.16 0.47 0.56 105
0.64 0.08 0.66 0.35 106
0.43 0.03 0.31 0.38 107
0.47 0.01 0.38 0.27 108
0.41 0.02 0.25 0.09 109
0.45 0.01 0.32 –0.05 110
0.02 0.01 0.06 0.30 111
0.01 0.00 0.06 0.32 112
0.12 0.13 0.15 0.17 113
0.18 0.07 0.28 0.09 114
0.09 0.12 0.15 0.12 115
0.15 0.08 0.25 0.06 116
0.03 0.01 0.01 0.05 117
0.02 –0.01 0.03 0.03 118
0.01 0.15 –0.15 0.07 119
0.02 0.16 –0.08 –0.01 120
0.00 0.09 –0.11 –0.06 121
0.02 0.09 –0.09 –0.13 122
0.01 0.07 –0.04 0.12 123
0.00 0.07 0.01 0.12 124

Table 2A. Contributions to Percent Change in Real Gross Domestic Product—Continues
Seasonally adjusted at annual rates
Line

2008
III

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Percent change at annual rate:
Gross domestic product......................................................
Previously published...........................................................
Percentage points at annual rates:
Personal consumption expenditures.........................................
Previously published ..................................................................
Goods .......................................................................................
Previously published ..............................................................
Durable goods........................................................................
Previously published...........................................................
Motor vehicles and parts ....................................................
Previously published.......................................................
Furnishings and durable household equipment .................
Previously published.......................................................
Recreational goods and vehicles .......................................
Previously published.......................................................
Other durable goods...........................................................
Previously published.......................................................
Nondurable goods..................................................................
Previously published...........................................................
Food and beverages purchased for off-premises consumption ...................................................................
Previously published.......................................................
Clothing and footwear.........................................................
Previously published.......................................................
Gasoline and other energy goods ......................................
Previously published.......................................................
Other nondurable goods.....................................................
Previously published.......................................................
Services ....................................................................................
Previously published ..............................................................
Household consumption expenditures (for services) .............
Previously published...........................................................
Housing and utilities ...........................................................
Previously published.......................................................
Health care.........................................................................
Previously published.......................................................
Transportation services ......................................................
Previously published.......................................................
Recreation services............................................................
Previously published.......................................................
Food services and accommodations..................................
Previously published.......................................................
Financial services and insurance .......................................
Previously published.......................................................
Other services ....................................................................
Previously published.......................................................
Final consumption expenditures of nonprofit institutions serving households ............................................................
Previously published...........................................................
Gross output of nonprofit institutions..................................
Previously published.......................................................
Less: Receipts from sales of goods and services by nonprofit institutions........................................................
Previously published.......................................................
Gross private domestic investment ...........................................
Previously published ..................................................................
Fixed investment......................................................................
Previously published ..............................................................
Nonresidential ........................................................................
Previously published...........................................................
Structures...........................................................................
Previously published.......................................................
Equipment ..........................................................................
Previously published * ....................................................

IV

2009
I

II

–2.0 –8.3 –5.4 –0.4
–3.7 –8.9 –5.3 –0.3

2010

2011

III

IV

I

II

III

IV

I

1.3
1.4

3.9
4.0

1.6
2.3

3.9
2.2

2.8
2.6

2.8 –1.3
2.4 0.1

2012

2013 Line

II

III

IV

I

II

III

IV

I

3.2
2.5

1.4
1.3

4.9
4.1

3.7
2.0

1.2
1.3

2.8
3.1

0.1
0.4

1.1
1.8

1
2

–2.11
–2.67
–1.77
–1.89
–0.93
–1.01
–0.47
–0.53
–0.25
–0.25
–0.15
–0.15
–0.06
–0.08
–0.84
–0.89

–3.08
–3.53
–3.00
–3.04
–2.09
–2.12
–1.01
–0.98
–0.36
–0.35
–0.47
–0.51
–0.25
–0.29
–0.92
–0.92

–0.83
–1.06
0.11
0.06
0.07
0.11
0.24
0.25
–0.23
–0.22
0.08
0.10
–0.03
–0.03
0.04
–0.05

–1.13
–1.21
–0.59
–0.46
–0.16
–0.14
0.04
0.03
–0.12
–0.10
–0.10
–0.11
0.02
0.05
–0.43
–0.32

1.73
1.50
1.57
1.68
1.35
1.43
0.93
0.96
0.08
0.08
0.31
0.34
0.03
0.04
0.22
0.26

0.05
–0.01
–0.21
–0.10
–0.52
–0.47
–0.92
–0.89
0.11
0.11
0.28
0.32
0.01
0.00
0.31
0.37

1.42
1.72
0.88
1.18
0.37
0.40
–0.10
–0.11
0.17
0.17
0.21
0.23
0.08
0.12
0.51
0.79

2.21
1.81
1.14
0.76
0.84
0.74
0.39
0.34
0.20
0.18
0.25
0.23
0.01
–0.01
0.29
0.02

1.87
1.75
0.85
0.86
0.46
0.52
0.17
0.20
0.03
0.04
0.18
0.21
0.08
0.07
0.38
0.35

2.86
2.84
1.66
1.78
0.88
1.07
0.46
0.55
0.13
0.14
0.18
0.28
0.11
0.10
0.78
0.71

1.42
2.22
0.60
1.27
0.38
0.53
0.09
0.14
0.04
0.07
0.21
0.31
0.04
0.03
0.22
0.73

1.03
0.70
0.05
–0.22
–0.06
–0.17
–0.43
–0.53
0.09
0.07
0.18
0.20
0.09
0.08
0.11
–0.05

1.42
1.18
0.29
0.33
0.36
0.40
0.04
0.05
0.09
0.10
0.20
0.23
0.04
0.02
–0.08
–0.06

1.65
1.45
1.14
1.29
0.93
1.00
0.56
0.63
0.17
0.16
0.25
0.25
–0.04
–0.04
0.21
0.29

1.98
1.72
1.04
1.11
0.69
0.85
0.26
0.31
0.13
0.14
0.22
0.28
0.09
0.11
0.35
0.26

1.28
1.06
0.50
0.08
0.21
–0.02
–0.11
–0.26
0.02
–0.01
0.19
0.16
0.12
0.10
0.28
0.10

1.15
1.12
0.84
0.85
0.59
0.66
0.19
0.25
0.09
0.09
0.22
0.25
0.08
0.07
0.25
0.19

1.13
1.28
0.85
1.02
0.74
1.00
0.33
0.53
0.07
0.07
0.21
0.25
0.13
0.15
0.10
0.02

1.54
1.83
0.85
1.04
0.43
0.58
0.13
0.23
0.07
0.08
0.16
0.20
0.07
0.07
0.43
0.45

3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

–0.27
–0.25
–0.18
–0.23
–0.41
–0.41
0.03
0.00
–0.35
–0.78
–0.58
–0.92
–0.14
–0.18
0.09
0.19
–0.18
–0.20
–0.13
–0.19
–0.16
–0.17
0.03
–0.17
–0.09
–0.18

–0.50
–0.51
–0.31
–0.32
0.22
0.27
–0.31
–0.36
–0.08
–0.49
–0.35
–0.80
0.44
0.48
0.13
0.02
–0.33
–0.33
–0.13
–0.18
–0.25
–0.23
–0.22
–0.59
0.02
0.02

–0.04
–0.12
–0.10
–0.10
0.27
0.26
–0.08
–0.09
–0.94
–1.12
–0.71
–0.94
0.09
0.21
0.31
0.25
–0.28
–0.27
–0.10
–0.09
–0.29
–0.31
–0.16
–0.58
–0.28
–0.15

0.16
0.20
–0.16
–0.18
–0.17
–0.16
–0.26
–0.18
–0.54
–0.75
–0.37
–0.62
0.11
0.05
0.35
0.34
–0.15
–0.14
–0.10
–0.10
–0.16
–0.17
–0.12
–0.30
–0.30
–0.30

0.13
0.15
0.09
0.09
–0.07
–0.09
0.07
0.10
0.15
–0.18
0.14
–0.24
0.10
0.07
0.18
0.20
–0.11
–0.11
–0.05
–0.09
–0.04
–0.04
0.01
–0.25
0.06
–0.03

0.21
0.21
0.08
0.10
–0.10
–0.08
0.13
0.14
0.26
0.09
0.10
–0.08
0.26
0.12
–0.14
–0.09
–0.08
–0.07
0.07
0.05
–0.02
–0.02
–0.15
–0.13
0.15
0.05

0.19
0.19
0.19
0.21
0.01
0.29
0.13
0.10
0.54
0.54
0.53
0.60
0.18
0.11
–0.11
–0.20
0.01
–0.02
0.08
0.09
0.15
0.26
0.21
0.35
0.01
0.01

–0.15
–0.20
0.14
0.13
0.10
–0.13
0.21
0.22
1.07
1.05
1.00
0.96
–0.02
0.08
0.41
0.35
0.04
0.05
–0.06
–0.06
0.13
0.20
0.41
0.25
0.08
0.10

0.09
0.09
0.02
0.05
0.05
–0.02
0.23
0.23
1.02
0.88
1.14
0.95
0.27
0.24
0.44
0.51
0.05
0.07
0.15
0.12
0.10
0.12
–0.02
–0.25
0.15
0.14

0.31
0.33
0.27
0.28
–0.04
–0.20
0.25
0.30
1.20
1.06
1.27
1.07
0.28
0.04
0.43
0.59
0.04
0.04
0.08
0.13
0.14
0.15
0.20
–0.06
0.10
0.18

0.07
0.19
0.05
0.05
–0.08
0.18
0.19
0.31
0.81
0.95
0.84
0.90
0.06
–0.04
0.24
0.48
0.02
0.03
–0.06
–0.03
0.21
0.22
0.22
0.02
0.14
0.22

0.08
0.10
0.10
0.06
–0.25
–0.42
0.18
0.20
0.98
0.92
0.94
0.76
0.17
0.22
0.30
0.33
0.09
0.06
0.15
0.16
0.20
0.13
0.02
–0.08
0.00
–0.06

–0.05
0.00
–0.15
–0.14
–0.01
–0.09
0.14
0.16
1.14
0.85
0.84
0.52
0.32
0.22
–0.09
–0.10
0.06
0.06
0.07
0.05
0.14
0.10
0.31
0.24
0.03
–0.06

–0.02
0.02
0.09
0.08
–0.02
0.02
0.15
0.18
0.51
0.16
0.66
0.26
–0.13
–0.45
0.55
0.42
0.02
–0.02
0.02
0.02
0.18
0.21
–0.10
–0.11
0.12
0.19

0.15
0.00
0.10
0.13
–0.12
–0.07
0.22
0.20
0.94
0.61
0.87
0.64
–0.12
–0.28
0.54
0.42
–0.01
0.03
0.05
–0.02
0.18
0.21
–0.05
0.20
0.28
0.07

0.12
–0.03
–0.09
–0.12
0.18
0.23
0.07
0.02
0.78
0.99
0.52
0.69
0.55
0.68
0.03
–0.15
0.04
0.06
0.01
0.07
0.10
0.05
–0.17
–0.01
–0.04
–0.01

0.09
0.01
0.11
0.12
–0.08
–0.08
0.14
0.14
0.31
0.26
0.25
0.35
0.16
0.16
0.26
0.31
0.02
0.03
0.03
0.02
0.05
0.06
–0.35
–0.26
0.09
0.03

0.05
–0.01
–0.04
–0.04
–0.14
–0.17
0.23
0.23
0.29
0.27
0.13
0.28
–0.35
–0.54
0.26
0.26
–0.01
0.01
–0.04
–0.03
0.27
0.35
–0.01
0.14
0.01
0.09

0.11
0.11
0.04
0.05
0.11
0.12
0.17
0.18
0.69
0.80
1.04
1.06
0.58
0.54
0.14
0.14
0.06
0.05
0.06
0.06
0.11
0.12
0.27
0.36
–0.17
–0.21

19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44

0.23
0.14
0.24
0.22

0.28
0.31
0.23
0.22

–0.23
–0.18
0.05
0.05

–0.17
–0.13
0.07
0.09

0.01
0.06
0.10
0.14

0.16
0.17
0.02
0.03

0.00
–0.07
–0.08
–0.14

0.07
0.09
0.32
0.32

–0.11
–0.07
0.18
0.28

–0.07
–0.01
0.17
0.28

–0.03
0.05
–0.06
0.14

0.04
0.16
0.11
0.21

0.30
0.33
0.00
0.07

–0.15
–0.10
0.26
0.24

0.06
–0.02
0.39
0.31

0.26
0.29
0.09
0.05

0.06
–0.08
0.31
0.35

0.16
–0.02
0.09
–0.02

–0.35
–0.26
–0.22
–0.12

45
46
47
48

0.01
0.08
–1.86
–2.63
–2.12
–1.91
–1.42
–1.18
–0.10
–0.14
–1.18
........

–0.05
–0.09
–5.74
–5.59
–4.29
–4.05
–3.00
–2.84
–0.35
–0.41
–2.50
.........

0.28
0.24
–7.02
–7.02
–4.75
–4.73
–3.58
–3.54
–1.10
–1.39
–2.25
.........

0.23
0.22
–3.25
–3.52
–2.13
–2.49
–1.46
–1.86
–1.03
–1.31
–0.60
........

0.09
0.09
–0.40
–0.14
–0.02
–0.32
–0.54
–0.73
–0.84
–0.98
0.25
........

–0.15
–0.14
4.05
3.85
–0.36
–0.69
–0.37
–0.57
–0.98
–0.98
0.36
.........

–0.08
–0.08
1.77
2.13
0.11
–0.10
0.46
0.20
–0.73
–0.70
1.25
........

0.25
0.23
2.86
1.65
1.77
1.58
1.21
1.07
0.27
0.31
1.02
........

0.29
0.35
1.86
1.87
–0.04
–0.10
0.90
0.70
–0.15
–0.06
0.83
.........

0.24
0.29
–0.51
–0.75
1.13
0.87
0.94
0.83
0.18
0.23
0.57
........

–0.02
0.09
–1.11
–0.68
–0.05
–0.14
–0.09
–0.11
–0.82
–0.84
0.59
........

0.06
0.05
1.88
1.40
1.16
1.39
1.09
1.30
0.68
0.77
0.23
.........

–0.30
–0.26
0.36
0.68
1.96
1.75
1.81
1.71
0.62
0.51
0.99
........

0.41
0.34
4.13
3.72
1.39
1.19
1.10
0.93
0.35
0.31
0.54
........

0.33
0.33
1.57
0.78
1.21
1.18
0.68
0.74
0.18
0.35
0.45
.........

–0.16
–0.24
–0.23
0.09
0.68
0.56
0.53
0.36
0.18
0.02
0.29
.........

0.25
0.43
0.99
0.85
0.39
0.12
0.04
–0.19
0.15
0.00
–0.22
........

–0.07
0.00
–0.36
0.17
1.63
1.69
1.13
1.28
0.44
0.46
0.47
........

0.13
0.15
0.71
0.96
–0.23
0.39
–0.57
0.04
–0.80
–0.26
0.09
.........

49
50
51
52
53
54
55
56
57
58
59
60

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

-32-

Table 2A. Contributions to Percent Change in Real Gross Domestic Product—Table Ends
Seasonally adjusted at annual rates
Line

2008

2009

2010

2011

2012

2013 Line

III
61
Information processing equipment .................................
62
Previously published *.................................................
63
Computers and peripheral equipment ........................
64
Previously published ...............................................
65
Other...........................................................................
66
Previously published ...............................................
67
Industrial equipment .......................................................
68
Previously published ...................................................
69
Transportation equipment ...............................................
70
Previously published ...................................................
71
Other equipment.............................................................
72
Previously published ...................................................
73
Intellectual property products .............................................
74
Previously published * ....................................................
75
Software .........................................................................
76
Previously published ...................................................
77
Research and development............................................
78
Previously published *.................................................
79
Entertainment, literary, and artistic originals...................
80
Previously published *.................................................
81
Residential .............................................................................
82
Previously published...........................................................
83 Change in private inventories.................................................
84
Previously published ..............................................................
85
Farm.......................................................................................
86
Previously published...........................................................
87
Nonfarm .................................................................................
88
Previously published...........................................................
89 Net exports of goods and services............................................
90 Previously published ..................................................................
91 Exports .....................................................................................
92
Previously published ..............................................................
93
Goods.....................................................................................
94
Previously published...........................................................
95
Services .................................................................................
96
Previously published...........................................................
97 Imports......................................................................................
98
Previously published ..............................................................
99
Goods.....................................................................................
100
Previously published...........................................................
101
Services .................................................................................
102
Previously published...........................................................
103 Government consumption expenditures and gross investment ................................................................................
104 Previously published ..................................................................
105 Federal ......................................................................................
106
Previously published ..............................................................
107
National defense ....................................................................
108
Previously published...........................................................
109
Consumption expenditures.................................................
110
Previously published.......................................................
111
Gross investment................................................................
112
Previously published.......................................................
113
Nondefense............................................................................
114
Previously published...........................................................
115
Consumption expenditures.................................................
116
Previously published.......................................................
117
Gross investment................................................................
118
Previously published.......................................................
119 State and local .........................................................................
120
Previously published ..............................................................
121
Consumption expenditures ....................................................
122
Previously published...........................................................
123
Gross investment ...................................................................
124
Previously published...........................................................

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

–0.36
........
–0.16
–0.14
–0.20
–0.18
–0.10
–0.08
–0.69
–0.68
–0.03
0.03
–0.14
........
0.02
0.02
–0.12
........
–0.04
........
–0.71
–0.73
0.26
–0.73
0.08
0.06
0.19
–0.79
0.88
0.79
–0.45
–0.47
–0.22
–0.22
–0.23
–0.24
1.33
1.25
1.54
1.47
–0.21
–0.21

–0.74
.........
–0.20
–0.22
–0.53
–0.49
–0.25
–0.23
–1.04
–0.99
–0.47
–0.41
–0.15
.........
–0.09
–0.09
–0.04
.........
–0.02
.........
–1.29
–1.21
–1.45
–1.54
–0.05
–0.08
–1.40
–1.46
–0.08
–0.12
–2.92
–2.97
–2.73
–2.75
–0.19
–0.21
2.85
2.84
2.98
2.98
–0.14
–0.14

–0.23
.........
0.03
0.04
–0.26
–0.20
–0.67
–0.70
–0.96
–0.93
–0.39
–0.36
–0.23
.........
–0.04
–0.02
–0.17
.........
–0.03
.........
–1.17
–1.18
–2.26
–2.29
–0.09
–0.07
–2.17
–2.22
2.25
2.45
–3.59
–3.78
–3.13
–3.29
–0.46
–0.49
5.84
6.24
5.33
5.68
0.51
0.56

0.03
........
0.10
0.05
–0.07
–0.04
–0.23
–0.24
–0.02
–0.01
–0.37
–0.39
0.16
........
0.07
0.09
0.08
........
0.02
........
–0.66
–0.63
–1.12
–1.03
–0.01
–0.03
–1.11
–1.00
2.40
2.47
0.10
0.10
–0.18
–0.17
0.28
0.27
2.29
2.37
2.15
2.22
0.14
0.15

0.43
........
0.12
0.00
0.31
0.31
–0.11
–0.11
0.09
0.11
–0.16
–0.14
0.04
........
0.07
0.09
–0.02
........
–0.01
........
0.52
0.40
–0.38
0.19
–0.09
–0.10
–0.29
0.29
–0.53
–0.70
1.45
1.48
1.41
1.46
0.04
0.02
–1.98
–2.18
–1.92
–2.12
–0.06
–0.06

0.27
.........
0.25
0.13
0.02
0.04
–0.06
–0.06
0.20
0.21
–0.05
–0.03
0.25
.........
0.10
0.11
0.11
.........
0.04
.........
0.01
–0.12
4.40
4.55
0.10
0.14
4.30
4.41
–0.05
–0.05
2.42
2.55
1.99
2.14
0.43
0.42
–2.47
–2.60
–2.41
–2.55
–0.06
–0.05

0.14
........
0.03
–0.04
0.12
0.11
–0.09
–0.10
0.87
0.73
0.34
0.23
–0.07
........
–0.15
–0.02
0.01
........
0.08
........
–0.35
–0.30
1.66
2.23
–0.06
0.01
1.72
2.22
–0.96
–0.83
0.73
0.70
0.85
0.79
–0.12
–0.09
–1.70
–1.53
–1.68
–1.46
–0.02
–0.06

0.06
........
–0.03
0.01
0.09
0.04
0.22
0.25
0.55
0.44
0.19
0.06
–0.08
........
–0.14
–0.04
–0.03
........
0.09
........
0.56
0.51
1.09
0.07
–0.09
–0.10
1.18
0.17
–1.77
–1.81
1.10
1.14
0.93
0.97
0.17
0.17
–2.87
–2.95
–2.77
–2.92
–0.10
–0.03

0.13
.........
–0.09
–0.04
0.22
0.16
0.04
–0.01
0.54
0.49
0.12
0.04
0.22
.........
0.06
0.12
0.11
.........
0.05
.........
–0.94
–0.80
1.90
1.97
–0.11
–0.19
2.01
2.16
–0.88
–0.95
1.27
1.18
0.70
0.76
0.57
0.41
–2.15
–2.13
–1.79
–1.79
–0.36
–0.34

0.19
........
–0.03
0.05
0.22
0.11
0.14
0.11
0.08
0.08
0.16
0.13
0.19
........
0.09
0.12
0.06
........
0.04
........
0.19
0.03
–1.64
–1.61
0.02
0.03
–1.66
–1.64
1.32
1.24
1.47
1.24
1.07
0.96
0.40
0.28
–0.15
–0.01
–0.22
–0.15
0.07
0.15

–0.15
........
–0.09
0.01
–0.06
–0.13
0.22
0.18
0.26
0.26
0.25
0.27
0.14
........
0.13
0.14
0.04
........
–0.03
........
0.04
–0.03
–1.06
–0.54
0.11
0.11
–1.17
–0.65
0.01
0.03
0.48
0.75
0.38
0.52
0.09
0.23
–0.46
–0.72
–0.61
–0.73
0.14
0.01

0.14
.........
0.14
0.21
0.00
–0.04
0.00
0.01
0.04
0.13
0.05
0.09
0.18
.........
0.13
0.13
0.06
.........
–0.01
.........
0.07
0.09
0.72
0.01
–0.02
–0.02
0.74
0.03
0.53
0.54
0.64
0.56
0.34
0.35
0.30
0.21
–0.11
–0.02
0.10
0.10
–0.21
–0.12

–0.01
........
0.03
0.06
–0.03
–0.07
0.33
0.38
0.43
0.40
0.24
0.30
0.20
........
0.14
0.14
0.05
........
0.01
........
0.15
0.03
–1.60
–1.07
0.08
0.11
–1.68
–1.18
0.10
0.02
0.92
0.83
0.53
0.59
0.39
0.25
–0.82
–0.81
–0.50
–0.43
–0.32
–0.38

0.05
........
0.06
0.06
–0.01
0.02
0.23
0.25
0.47
0.32
–0.20
–0.17
0.21
........
0.16
0.16
0.03
........
0.02
........
0.29
0.26
2.73
2.53
0.05
0.05
2.68
2.48
–0.60
–0.64
0.38
0.21
0.72
0.58
–0.35
–0.38
–0.98
–0.85
–0.93
–0.90
–0.05
0.05

0.23
.........
0.11
0.07
0.12
0.10
–0.19
–0.18
0.30
0.22
0.11
0.14
0.05
.........
0.03
0.04
0.03
.........
–0.01
.........
0.53
0.43
0.36
–0.39
0.08
–0.03
0.27
–0.37
0.44
0.06
0.56
0.60
0.17
0.39
0.39
0.21
–0.12
–0.54
–0.12
–0.29
0.00
–0.25

–0.20
.........
–0.10
–0.12
–0.10
–0.08
0.12
0.16
0.29
0.19
0.08
0.09
0.07
.........
0.11
0.11
–0.03
.........
0.00
.........
0.15
0.19
–0.91
–0.46
–0.14
–0.17
–0.76
–0.29
0.10
0.23
0.51
0.72
0.48
0.67
0.03
0.05
–0.41
–0.49
–0.35
–0.42
–0.06
–0.07

–0.08
........
–0.19
–0.19
0.11
0.04
0.00
0.00
–0.25
–0.22
0.10
0.12
0.11
........
0.06
0.07
0.04
........
0.00
........
0.35
0.31
0.60
0.73
–0.32
–0.38
0.91
1.11
–0.03
0.38
0.05
0.27
0.16
0.11
–0.10
0.16
–0.08
0.11
–0.05
0.18
–0.03
–0.07

0.31
........
0.28
0.27
0.04
0.09
0.07
0.12
0.01
0.09
0.07
0.10
0.21
........
0.16
0.16
0.05
........
0.01
........
0.50
0.41
–2.00
–1.52
0.10
0.14
–2.09
–1.66
0.68
0.33
0.15
–0.40
–0.28
–0.50
0.43
0.10
0.53
0.73
0.50
0.57
0.03
0.17

–0.05 61
......... 62
–0.08 63
–0.07 64
0.04 65
0.03 66
0.00 67
–0.02 68
–0.10 69
0.02 70
0.24 71
0.25 72
0.14 73
......... 74
0.13 75
0.11 76
–0.01 77
......... 78
0.02 79
......... 80
0.34 81
0.34 82
0.93 83
0.57 84
0.88 85
0.83 86
0.06 87
–0.26 88
–0.28 89
–0.09 90
–0.18 91
–0.15 92
–0.27 93
–0.25 94
0.09 95
0.10 96
–0.10 97
0.06 98
0.03 99
0.19 100
–0.13 101
–0.12 102

1.13
0.85
0.91
0.84
0.85
0.85
0.73
0.69
0.12
0.15
0.06
–0.01
0.02
–0.03
0.04
0.02
0.22
0.01
0.19
0.02
0.03
–0.01

0.56
0.35
0.56
0.69
0.29
0.44
0.24
0.37
0.05
0.07
0.28
0.25
0.24
0.23
0.04
0.02
0.00
–0.34
0.19
–0.10
–0.19
–0.24

0.15
0.37
–0.24
–0.23
–0.45
–0.37
–0.25
–0.21
–0.20
–0.16
0.21
0.14
0.20
0.15
0.01
–0.01
0.39
0.60
0.39
0.63
0.00
–0.03

1.56
1.94
1.09
1.04
0.87
0.83
0.70
0.62
0.18
0.21
0.21
0.21
0.20
0.23
0.01
–0.02
0.47
0.90
0.29
0.74
0.18
0.17

0.48
0.79
0.47
0.51
0.46
0.42
0.41
0.37
0.06
0.04
0.01
0.09
–0.06
0.04
0.07
0.04
0.01
0.28
0.04
0.31
–0.03
–0.03

–0.17
0.23
0.02
0.34
–0.07
0.07
0.01
0.08
–0.08
–0.01
0.09
0.27
0.04
0.22
0.06
0.05
–0.19
–0.12
0.07
0.16
–0.26
–0.28

–0.63
–0.69
0.32
0.04
–0.11
–0.22
–0.05
–0.10
–0.06
–0.12
0.43
0.26
0.34
0.19
0.09
0.08
–0.95
–0.73
–0.68
–0.45
–0.28
–0.28

0.61
0.59
0.71
0.78
0.34
0.40
0.23
0.25
0.11
0.14
0.37
0.38
0.28
0.29
0.09
0.09
–0.10
–0.19
–0.35
–0.43
0.24
0.24

–0.07
–0.06
0.32
0.31
0.41
0.40
0.37
0.31
0.04
0.09
–0.09
–0.09
–0.11
–0.09
0.02
0.00
–0.39
–0.37
–0.41
–0.37
0.02
0.00

–0.87
–0.94
–0.23
–0.35
–0.19
–0.35
–0.25
–0.29
0.06
–0.05
–0.04
0.00
–0.05
0.01
0.01
–0.01
–0.63
–0.59
–0.35
–0.29
–0.28
–0.30

–1.61
–1.49
–0.94
–0.89
–0.83
–0.84
–0.47
–0.56
–0.36
–0.28
–0.11
–0.05
–0.13
–0.07
0.02
0.01
–0.67
–0.60
–0.33
–0.19
–0.34
–0.40

–0.25
–0.16
0.16
0.23
0.36
0.45
0.31
0.36
0.06
0.09
–0.21
–0.22
–0.17
–0.18
–0.04
–0.04
–0.41
–0.39
–0.26
–0.20
–0.15
–0.19

–0.52
–0.60
–0.29
–0.36
0.13
0.15
0.19
0.26
–0.06
–0.11
–0.42
–0.51
–0.39
–0.47
–0.03
–0.04
–0.23
–0.24
–0.17
–0.17
–0.06
–0.08

–0.31
–0.43
–0.25
–0.35
–0.57
–0.60
–0.58
–0.66
0.00
0.05
0.32
0.25
0.38
0.28
–0.06
–0.02
–0.05
–0.08
–0.04
–0.08
–0.01
–0.01

–0.28
–0.60
–0.20
–0.34
–0.36
–0.39
–0.11
–0.22
–0.25
–0.16
0.16
0.05
0.18
0.08
–0.02
–0.03
–0.08
–0.26
0.10
–0.05
–0.18
–0.21

0.05
–0.14
–0.02
–0.02
–0.05
–0.01
–0.13
–0.10
0.08
0.09
0.04
–0.01
0.03
–0.01
0.00
0.00
0.07
–0.12
0.03
–0.10
0.04
–0.01

0.67
0.75
0.69
0.71
0.60
0.64
0.61
0.64
–0.01
0.00
0.08
0.08
0.08
0.09
0.00
–0.02
–0.02
0.04
0.12
0.02
–0.14
0.01

–1.31
–1.41
–1.19
–1.23
–1.22
–1.28
–1.14
–1.27
–0.08
0.00
0.03
0.04
0.05
0.03
–0.02
0.02
–0.12
–0.18
–0.01
–0.12
–0.11
–0.05

–0.82
–0.93
–0.68
–0.68
–0.57
–0.63
–0.38
–0.39
–0.18
–0.24
–0.11
–0.06
–0.05
–0.02
–0.05
–0.04
–0.14
–0.25
0.01
–0.06
–0.16
–0.19

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

-33-

I

103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124

Table 3A. Gross Domestic Product and Related Measures—Continues
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Line

2007
I

II

1
Gross domestic product........................................... 10,980.2 11,512.2 12,277.0 13,095.4 13,857.9 14,480.3 14,720.3 14,417.9 14,958.3 15,533.8 16,244.6 14,235.0 14,424.5
2 Personal consumption expenditures.............................. 7,385.3 7,764.4 8,257.8 8,790.3 9,297.5 9,744.4 10,005.5 9,842.9 10,201.9 10,711.8 11,149.6 9,588.5 9,696.7
3 Goods ............................................................................ 2,598.6 2,721.6 2,900.3 3,080.3 3,235.8 3,361.6 3,375.7 3,198.4 3,362.8 3,602.7 3,769.7 3,302.1 3,351.1
4
Durable goods.............................................................
985.4 1,017.5 1,079.8 1,127.2 1,156.1 1,184.6 1,102.3 1,023.3 1,070.7 1,129.9 1,202.7 1,173.4 1,184.9
5
Motor vehicles and parts .........................................
401.3
401.5
409.3
410.0
395.0
400.6
339.6
317.1
342.0
368.7
401.7
397.8
403.8
6
Furnishings and durable household equipment ......
225.9
235.2
254.3
271.3
283.6
283.5
268.7
244.3
250.4
260.1
275.1
285.9
284.0
7
Recreational goods and vehicles ............................
244.8
259.2
284.1
305.0
324.1
335.8
329.3
303.8
312.7
321.1
334.5
329.8
333.1
8
Other durable goods................................................
113.4
121.7
132.1
141.0
153.5
164.8
164.6
158.2
165.6
179.9
191.3
159.9
164.1
9
Nondurable goods....................................................... 1,613.2 1,704.0 1,820.4 1,953.1 2,079.7 2,176.9 2,273.4 2,175.1 2,292.1 2,472.8 2,567.0 2,128.8 2,166.1
10
Food and beverages purchased for off-premises consumption ........................................................
575.1
599.6
632.6
668.2
700.3
737.3
772.9
770.0
788.9
833.0
863.3
725.5
731.8
11
Clothing and footwear..............................................
278.8
285.3
297.5
310.7
320.2
323.7
319.5
306.5
320.6
338.3
354.6
326.1
323.1
12
Gasoline and other energy goods ...........................
167.9
196.4
232.7
283.8
319.7
345.5
389.1
284.5
333.4
408.9
417.0
314.5
344.1
13
Other nondurable goods..........................................
591.4
622.7
657.6
690.4
739.6
770.4
791.9
814.2
849.2
892.6
932.1
762.6
767.2
14 Services ......................................................................... 4,786.7 5,042.8 5,357.5 5,710.1 6,061.7 6,382.9 6,629.8 6,644.5 6,839.1 7,109.1 7,379.9 6,286.4 6,345.6
15
Household consumption expenditures (for services)
4,588.4 4,837.3 5,151.1 5,499.8 5,822.5 6,134.1 6,347.7 6,368.5 6,563.7 6,831.2 7,089.4 6,040.3 6,102.6
16
Housing and utilities ................................................ 1,333.6 1,394.1 1,469.1 1,583.6 1,682.4 1,758.2 1,839.1 1,881.0 1,909.0 1,960.9 2,013.9 1,736.6 1,752.1
17
Health care.............................................................. 1,082.9 1,154.6 1,240.1 1,322.3 1,394.2 1,481.8 1,556.5 1,627.4 1,690.7 1,767.8 1,847.6 1,453.4 1,468.2
18
Transportation services ...........................................
258.2
265.5
276.6
289.4
302.1
312.2
311.7
289.7
292.9
308.2
318.1
310.1
311.1
19
Recreation services.................................................
271.4
289.2
312.1
328.9
351.9
375.8
384.5
376.0
385.1
399.7
416.6
368.8
373.8
20
Food services and accommodations.......................
436.3
461.9
496.4
530.6
566.3
595.6
612.5
600.3
617.7
658.7
701.7
583.7
591.1
21
Financial services and insurance ............................
562.6
588.5
635.3
689.6
724.2
768.5
771.5
719.0
763.2
801.1
821.0
754.3
762.4
22
Other services .........................................................
643.5
683.5
721.5
755.3
801.4
841.9
871.9
875.1
905.1
934.8
970.4
833.4
843.8
23
Final consumption expenditures of nonprofit institutions serving households ...............................
198.3
205.5
206.4
210.3
239.2
248.8
282.1
276.0
275.4
277.9
290.5
246.1
243.0
24
Gross output of nonprofit institutions.......................
737.1
774.6
819.0
868.5
932.2
983.1 1,040.9 1,072.6 1,105.9 1,141.6 1,194.1
968.5
974.4
25
Less: Receipts from sales of goods and services by nonprofit institutions........................................
538.7
569.1
612.6
658.2
693.0
734.4
758.8
796.5
830.5
863.7
903.6
722.5
731.5
26 Gross private domestic investment ................................ 1,925.0 2,027.9 2,276.7 2,527.1 2,680.6 2,643.7 2,424.8 1,878.1 2,100.8 2,232.1 2,475.2 2,634.2 2,671.9
27 Fixed investment........................................................... 1,906.5 2,008.7 2,212.8 2,467.5 2,613.7 2,609.3 2,456.8 2,025.7 2,039.3 2,195.6 2,409.1 2,614.0 2,624.8
28
Nonresidential ............................................................. 1,348.9 1,371.7 1,463.1 1,611.5 1,776.3 1,920.6 1,941.0 1,633.4 1,658.2 1,809.9 1,970.0 1,864.7 1,907.5
29
Structures................................................................
282.9
281.8
301.8
345.6
415.6
496.9
552.4
438.2
362.0
380.6
437.3
458.1
485.3
30
Equipment ...............................................................
659.6
669.0
719.2
790.7
856.1
885.8
825.1
644.3
731.8
832.7
907.6
876.9
888.2
31
Information processing equipment ......................
236.7
241.0
253.1
262.8
282.3
303.2
291.2
256.1
276.7
280.4
284.5
300.4
300.7
32
Computers and peripheral equipment .............
79.7
78.3
81.5
80.0
86.4
87.7
83.8
76.8
81.3
76.8
79.2
89.5
85.5
33
Other................................................................
157.0
162.8
171.6
182.8
195.9
215.5
207.5
179.3
195.4
203.6
205.4
210.9
215.3
34
Industrial equipment ............................................
141.7
143.4
144.2
162.4
181.6
194.1
192.9
152.1
152.9
182.0
195.3
184.8
198.5
35
Transportation equipment ....................................
141.6
134.1
159.2
179.6
194.3
188.8
146.2
70.6
127.5
171.8
214.4
196.8
187.6
36
Other equipment..................................................
139.6
150.5
162.7
186.0
198.0
199.6
194.9
165.6
174.7
198.6
213.4
194.9
201.4
37
Intellectual property products ..................................
406.4
420.9
442.1
475.1
504.6
537.9
563.4
550.9
564.3
596.6
625.0
529.7
534.1
38
Software ..............................................................
183.0
191.0
205.1
217.2
228.9
244.2
258.5
256.8
252.0
267.6
281.6
241.2
242.2
39
Research and development.................................
165.7
167.2
173.0
188.1
204.5
223.3
237.7
229.0
240.2
255.2
269.1
217.2
221.1
40
Entertainment, literary, and artistic originals........
57.6
62.7
64.1
69.8
71.2
70.4
67.2
65.1
72.2
73.8
74.3
71.4
70.9
41
Residential ..................................................................
557.6
636.9
749.7
856.1
837.4
688.7
515.9
392.2
381.1
385.8
439.2
749.3
717.3
42 Change in private inventories......................................
18.5
19.3
63.9
59.6
67.0
34.5
–32.0 –147.6
61.5
36.4
66.1
20.2
47.1
43
Farm............................................................................
–2.5
0.1
8.8
0.2
–3.6
–0.7
1.6
–1.6
–7.3
–6.4
–11.7
5.3
–5.0
44
Nonfarm ......................................................................
21.0
19.2
55.1
59.4
70.5
35.2
–33.6 –146.0
68.9
42.8
77.8
14.9
52.0
45 Net exports of goods and services................................. –425.0 –500.9 –614.8 –715.7 –762.4 –709.8 –713.2 –392.2 –518.5 –568.7 –547.2 –723.4 –726.5
46 Exports .......................................................................... 1,004.7 1,043.4 1,183.1 1,310.4 1,478.5 1,665.7 1,843.1 1,583.8 1,843.5 2,101.2 2,195.9 1,578.8 1,624.4
47
Goods..........................................................................
712.6
740.8
832.8
925.3 1,048.1 1,165.3 1,297.6 1,064.7 1,278.4 1,473.6 1,536.0 1,110.4 1,141.1
48
Services ......................................................................
292.1
302.6
350.3
385.1
430.4
500.4
545.5
519.1
565.1
627.6
659.9
468.5
483.3
49 Imports........................................................................... 1,429.7 1,544.3 1,797.9 2,026.1 2,240.9 2,375.5 2,556.4 1,976.0 2,362.0 2,669.9 2,743.1 2,302.2 2,351.0
50
Goods.......................................................................... 1,198.1 1,294.5 1,508.9 1,716.2 1,896.5 2,000.3 2,146.4 1,587.3 1,951.2 2,234.6 2,295.4 1,939.0 1,978.2
51
Services ......................................................................
231.6
249.8
289.0
309.9
344.5
375.3
410.0
388.7
410.8
435.3
447.7
363.2
372.8

-34-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51

Table 3A. Gross Domestic Product and Related Measures—Continues
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012
I

52 Government consumption expenditures and gross investment .....................................................................
53 Federal ...........................................................................
54
National defense .........................................................
55
Consumption expenditures......................................
56
Gross investment.....................................................
57
Nondefense.................................................................
58
Consumption expenditures......................................
59
Gross investment.....................................................
60 State and local ..............................................................
61
Consumption expenditures .........................................
62
Gross investment ........................................................
Addenda:
63 Final sales of domestic product ......................................
64 Gross domestic purchases .............................................
65 Final sales to domestic purchasers ................................
66 Gross domestic product ..............................................
67 Plus: Income receipts from the rest of the world.............
68 Less: Income payments to the rest of the world .............
69 Equals: Gross national product ..................................
70 Net domestic product......................................................
71 Gross domestic income ..................................................

Line

2007
II

2,094.9
740.6
456.8
358.1
98.7
283.8
202.2
81.5
1,354.3
1,091.0
263.3

2,220.8
824.8
519.9
408.9
111.0
304.9
219.5
85.4
1,396.0
1,127.1
268.9

2,357.4
892.4
570.2
446.8
123.4
322.1
234.6
87.6
1,465.0
1,187.6
277.5

2,493.7
946.3
608.3
475.9
132.3
338.1
247.5
90.5
1,547.4
1,256.6
290.8

2,642.2
1,002.0
642.4
500.3
142.1
359.6
263.6
96.0
1,640.2
1,325.9
314.3

2,801.9
1,049.8
678.7
526.1
152.7
371.0
272.3
98.8
1,752.2
1,411.4
340.8

3,003.2
1,155.6
754.1
582.8
171.3
401.5
297.0
104.4
1,847.6
1,488.7
358.8

3,089.1
1,217.7
788.3
613.3
175.0
429.4
320.4
109.0
1,871.4
1,508.4
363.0

3,174.0
1,303.9
832.8
653.2
179.6
471.1
350.7
120.4
1,870.2
1,518.3
351.9

3,158.7
1,304.1
835.8
662.8
173.0
468.2
345.8
122.4
1,854.7
1,517.4
337.2

3,167.0
1,295.7
817.1
652.0
165.1
478.6
359.7
118.9
1,871.3
1,536.4
334.9

2,735.6
1,018.3
654.5
508.2
146.3
363.8
267.0
96.8
1,717.3
1,384.8
332.5

2,782.5
1,040.8
672.6
519.1
153.5
368.2
270.0
98.1
1,741.7
1,402.7
339.0

52
53
54
55
56
57
58
59
60
61
62

10,961.7
11,405.2
11,386.7
10,980.2
315.8
267.2
11,028.8
9,318.1
11,050.3

11,493.0
12,013.2
11,993.9
11,512.2
356.1
288.1
11,580.3
9,785.0
11,524.3

12,213.2
12,891.8
12,828.0
12,277.0
451.4
361.4
12,367.1
10,445.3
12,283.5

13,035.8
13,811.1
13,751.6
13,095.4
575.8
482.3
13,189.0
11,113.5
13,129.2

13,790.9
14,620.3
14,553.3
13,857.9
724.2
655.7
13,926.3
11,721.9
14,073.2

14,445.9
15,190.1
15,155.7
14,480.3
875.5
749.1
14,606.8
12,216.0
14,460.1

14,752.3
15,433.5
15,465.5
14,720.3
856.8
683.8
14,893.2
12,356.9
14,621.2

14,565.5
14,810.1
14,957.7
14,417.9
643.7
496.5
14,565.1
12,049.6
14,345.7

14,896.7
15,476.7
15,415.2
14,958.3
720.0
514.1
15,164.2
12,576.7
14,915.2

15,497.4
16,102.6
16,066.2
15,533.8
802.8
542.1
15,794.6
13,081.3
15,587.5

16,178.5
16,791.8
16,725.7
16,244.6
818.6
565.7
16,497.4
13,701.7
16,261.6

14,214.8
14,958.3
14,938.2
14,235.0
803.0
733.4
14,304.5
12,007.5
14,384.6

14,377.4
15,151.0
15,104.0
14,424.5
869.0
777.3
14,516.2
12,170.8
14,485.8

63
64
65
66
67
68
69
70
71

-35-

Table 3A. Gross Domestic Product and Related Measures—Continues
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2007
III

2008
IV

I

II

2009
III

1
Gross domestic product........................................... 14,571.9 14,690.0 14,672.9 14,817.1 14,844.3
2 Personal consumption expenditures.............................. 9,790.2 9,902.5 9,967.1 10,090.4 10,113.2
3 Goods ............................................................................ 3,374.5 3,418.6 3,406.3 3,458.8 3,450.3
4
Durable goods............................................................. 1,190.2 1,190.1 1,152.3 1,139.8 1,101.9
5
Motor vehicles and parts .........................................
401.2
399.5
376.5
354.9
334.7
6
Furnishings and durable household equipment ......
283.2
280.8
274.8
276.5
268.7
7
Recreational goods and vehicles ............................
338.6
341.6
334.5
340.4
331.8
8
Other durable goods................................................
167.2
168.1
166.5
168.0
166.7
9
Nondurable goods....................................................... 2,184.3 2,228.6 2,253.9 2,318.9 2,348.4
10
Food and beverages purchased for off-premises consumption ........................................................
740.5
751.5
757.9
776.5
783.7
11
Clothing and footwear..............................................
322.6
323.0
319.7
327.4
322.7
12
Gasoline and other energy goods ...........................
348.0
375.6
395.5
420.8
442.4
13
Other nondurable goods..........................................
773.2
778.5
780.9
794.2
799.6
14 Services ......................................................................... 6,415.7 6,483.9 6,560.9 6,631.6 6,662.9
15
Household consumption expenditures (for services)
6,167.3 6,226.1 6,294.1 6,352.8 6,374.7
16
Housing and utilities ................................................ 1,766.8 1,777.1 1,805.1 1,834.6 1,849.3
17
Health care.............................................................. 1,491.9 1,513.6 1,537.7 1,549.5 1,562.9
18
Transportation services ...........................................
313.1
314.5
314.8
315.1
313.0
19
Recreation services.................................................
378.4
382.4
384.6
387.2
386.2
20
Food services and accommodations.......................
598.9
608.8
607.0
614.7
616.1
21
Financial services and insurance ............................
775.4
781.9
782.9
781.5
772.9
22
Other services .........................................................
842.8
847.8
862.0
870.2
874.3
23
Final consumption expenditures of nonprofit institutions serving households ...............................
248.4
257.7
266.8
278.8
288.2
24
Gross output of nonprofit institutions.......................
986.5 1,003.1 1,020.7 1,034.8 1,049.5
25
Less: Receipts from sales of goods and services by nonprofit institutions........................................
738.2
745.3
753.9
756.1
761.3
26 Gross private domestic investment ................................ 2,658.2 2,610.6 2,527.0 2,493.3 2,435.9
27 Fixed investment........................................................... 2,609.6 2,588.7 2,547.2 2,517.2 2,454.7
28
Nonresidential ............................................................. 1,937.9 1,972.3 1,981.6 1,978.7 1,947.3
29
Structures................................................................
512.6
531.7
540.2
553.8
559.3
30
Equipment ...............................................................
887.6
890.4
878.9
856.9
822.4
31
Information processing equipment ......................
300.7
311.2
307.8
305.3
290.8
32
Computers and peripheral equipment .............
86.1
89.9
90.4
89.7
82.2
33
Other................................................................
214.6
221.3
217.3
215.6
208.7
34
Industrial equipment ............................................
200.8
192.4
193.9
195.9
195.7
35
Transportation equipment ....................................
185.4
185.6
182.3
162.3
139.0
36
Other equipment..................................................
200.7
201.3
194.9
193.4
196.9
37
Intellectual property products ..................................
537.6
550.2
562.5
568.0
565.5
38
Software ..............................................................
244.7
248.7
256.9
259.6
261.1
39
Research and development.................................
222.8
232.2
237.0
240.9
237.9
40
Entertainment, literary, and artistic originals........
70.1
69.3
68.5
67.6
66.6
41
Residential ..................................................................
671.7
616.4
565.5
538.4
507.4
42 Change in private inventories......................................
48.6
21.9
–20.1
–23.9
–18.8
43
Farm............................................................................
–2.3
–0.8
–6.9
3.9
6.6
44
Nonfarm ......................................................................
51.0
22.8
–13.3
–27.8
–25.4
45 Net exports of goods and services................................. –700.9 –688.4 –745.0 –749.9 –760.6
46 Exports .......................................................................... 1,693.1 1,766.6 1,816.1 1,918.9 1,930.1
47
Goods.......................................................................... 1,181.8 1,228.0 1,279.1 1,363.8 1,374.7
48
Services ......................................................................
511.3
538.6
537.0
555.1
555.3
49 Imports........................................................................... 2,394.0 2,455.0 2,561.2 2,668.8 2,690.7
50
Goods.......................................................................... 2,011.7 2,072.2 2,161.9 2,261.9 2,270.2
51
Services ......................................................................
382.3
382.8
399.3
406.9
420.5

-36-

IV

I

II

2010
III

14,546.7 14,381.2 14,342.1 14,384.4
9,851.3 9,763.3 9,764.9 9,887.4
3,187.5 3,137.0 3,148.4 3,244.9
1,015.1 1,012.0 1,004.8 1,045.8
292.4
300.7
305.2
342.4
254.9
247.4
243.4
242.6
310.6
307.7
298.5
302.2
157.2
156.2
157.6
158.6
2,172.4 2,124.9 2,143.6 2,199.1
773.4
768.9
308.3
306.8
297.9
249.4
792.9
799.7
6,663.8 6,626.3
6,369.0 6,345.3
1,867.2 1,875.2
1,575.9 1,599.1
303.9
295.4
380.0
377.3
612.0
604.2
748.7
719.6
881.3
874.6

767.4
302.9
262.4
811.0
6,616.5
6,343.2
1,877.7
1,622.0
288.9
373.4
599.2
714.9
866.9

768.0
307.0
304.8
819.3
6,642.5
6,369.1
1,880.4
1,639.4
287.2
375.3
597.6
715.9
873.4

IV

I

II

Line
III

15,231.7
10,396.3
3,458.4
1,102.8
363.4
252.3
315.6
171.6
2,355.6

1
2
3
4
5
6
7
8
9

786.6
319.5
326.9
854.3
6,871.9
6,597.1
1,912.4
1,703.1
294.0
387.9
620.6
768.1
911.1

801.6
327.7
360.7
865.5
6,937.9
6,664.4
1,925.3
1,726.4
297.1
391.0
628.4
779.6
916.6

10
11
12
13
14
15
16
17
18
19
20
21
22

14,564.1 14,672.5 14,879.2 15,049.8
9,956.2 10,042.3 10,134.7 10,234.3
3,263.5 3,304.9 3,325.6 3,362.4
1,030.7 1,040.2 1,064.7 1,075.1
319.9
321.3
337.4
345.8
243.8
247.8
251.9
249.7
306.7
309.1
312.6
313.6
160.3
161.9
162.9
165.9
2,232.8 2,264.7 2,260.9 2,287.3
775.5
309.3
321.3
826.7
6,692.7
6,416.3
1,890.7
1,649.0
287.3
378.0
600.4
725.4
885.6

785.4
316.1
328.5
834.7
6,737.4
6,461.6
1,898.4
1,654.5
289.0
380.5
607.1
740.5
891.5

782.0
318.9
317.6
842.4
6,809.1
6,531.7
1,899.8
1,678.8
291.7
380.9
614.7
764.7
901.2

IV

294.9
1,058.6

281.0
273.3
273.4
276.4
1,061.5 1,067.5 1,077.6 1,083.7

275.9
277.3
274.7
1,085.4 1,101.0 1,113.1

273.5
1,124.0

23
24

763.8
2,243.1
2,308.3
1,856.2
556.2
742.4
261.1
72.8
188.3
186.1
101.0
194.2
557.6
256.6
235.1
65.9
452.1
–65.1
2.8
–67.9
–597.4
1,707.5
1,172.9
534.6
2,304.9
1,891.6
413.3

780.5
1,972.1
2,117.8
1,712.3
508.0
659.0
248.8
72.2
176.6
160.9
68.6
180.8
545.3
254.3
226.1
64.9
405.5
–145.6
–0.3
–145.3
–389.6
1,519.3
1,012.1
507.2
1,908.9
1,521.6
387.3

809.6
1,989.5
1,977.5
1,594.4
352.4
682.7
271.9
84.8
187.1
143.7
101.5
165.7
559.2
254.4
236.6
68.3
383.1
12.1
–1.3
13.3
–495.1
1,746.4
1,205.4
540.9
2,241.4
1,842.3
399.1

850.6
2,156.5
2,094.1
1,719.3
370.1
774.4
284.7
77.6
207.0
160.9
145.5
183.3
574.8
253.9
246.1
74.9
374.7
62.4
–10.5
72.8
–505.3
1,960.4
1,366.4
594.0
2,465.7
2,043.8
421.9

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51

794.2
1,825.9
2,013.8
1,637.5
455.2
634.4
246.3
73.7
172.6
152.2
69.1
166.8
548.0
255.5
227.9
64.6
376.3
–187.9
–1.0
–186.9
–335.2
1,521.5
1,010.6
511.0
1,856.7
1,474.9
381.8

804.2
1,786.4
1,992.3
1,600.3
412.7
639.1
261.0
76.7
184.2
148.5
71.0
158.6
548.5
256.4
227.1
65.0
392.0
–205.9
–5.0
–200.9
–402.0
1,591.1
1,073.6
517.5
1,993.1
1,604.9
388.2

807.3
1,928.0
1,978.8
1,583.6
376.9
644.8
268.3
84.5
183.9
146.7
73.5
156.2
561.9
260.8
235.0
66.1
395.2
–50.8
0.0
–50.8
–442.1
1,703.2
1,162.5
540.8
2,145.3
1,747.9
397.5

823.7
2,092.7
2,042.6
1,641.8
364.5
719.0
273.3
83.2
190.1
152.5
121.4
171.9
558.3
248.9
237.5
71.9
400.8
50.1
–5.9
56.1
–529.7
1,807.0
1,255.6
551.4
2,336.7
1,933.2
403.5

838.3
2,164.6
2,043.0
1,677.4
361.1
751.2
277.1
79.5
197.6
154.6
141.6
177.9
565.1
250.7
240.6
73.9
365.6
121.5
–11.6
133.2
–543.8
1,860.3
1,286.3
574.0
2,404.0
1,985.5
418.5

Table 3A. Gross Domestic Product and Related Measures—Continues
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2007

2008

III
52 Government consumption expenditures and gross investment .....................................................................
53 Federal ...........................................................................
54
National defense .........................................................
55
Consumption expenditures......................................
56
Gross investment.....................................................
57
Nondefense.................................................................
58
Consumption expenditures......................................
59
Gross investment.....................................................
60 State and local ..............................................................
61
Consumption expenditures .........................................
62
Gross investment ........................................................
Addenda:
63 Final sales of domestic product ......................................
64 Gross domestic purchases .............................................
65 Final sales to domestic purchasers ................................
66 Gross domestic product ..............................................
67 Plus: Income receipts from the rest of the world.............
68 Less: Income payments to the rest of the world .............
69 Equals: Gross national product ..................................
70 Net domestic product......................................................
71 Gross domestic income ..................................................

IV

2,824.3
1,063.9
690.7
535.6
155.0
373.2
273.5
99.6
1,760.5
1,417.9
342.5

2,865.3
1,076.1
697.1
541.3
155.8
379.0
278.5
100.5
1,789.1
1,440.1
349.0

14,523.2
15,272.7
15,224.1
14,571.9
911.6
762.7
14,720.7
12,295.4
14,456.4

14,668.0
15,378.4
15,356.4
14,690.0
918.6
722.9
14,885.7
12,390.1
14,513.7

I

II

2010

Line

III

2,923.8 2,983.4
1,110.7 1,140.5
719.7
741.2
560.5
570.1
159.3
171.1
391.0
399.2
289.6
295.6
101.4
103.7
1,813.1 1,842.9
1,462.4 1,485.0
350.7
358.0
14,693.0
15,418.0
15,438.1
14,672.9
906.0
724.2
14,854.6
12,345.2
14,621.9

2009

14,841.0
15,567.0
15,590.9
14,817.1
899.4
714.2
15,002.4
12,464.1
14,683.2

IV

I

II

III

IV

I

II

III

IV

3,055.9
1,180.0
776.6
600.2
176.4
403.3
297.7
105.6
1,875.9
1,512.2
363.7

3,049.7
1,191.2
778.9
600.4
178.5
412.3
305.2
107.1
1,858.5
1,495.5
363.0

3,035.4
1,182.2
760.2
589.9
170.4
422.0
314.9
107.1
1,853.1
1,487.9
365.3

3,086.5
1,214.6
785.4
609.3
176.1
429.2
321.9
107.3
1,871.9
1,503.4
368.5

3,112.5
1,233.2
802.8
625.0
177.8
430.4
320.9
109.5
1,879.3
1,515.2
364.1

3,122.0
1,240.7
804.6
628.9
175.7
436.0
324.0
112.0
1,881.3
1,527.0
354.3

3,135.7
1,269.2
811.9
637.8
174.2
457.3
341.3
115.9
1,866.5
1,521.2
345.3

3,181.5
1,304.6
829.3
650.2
179.1
475.2
354.9
120.4
1,876.9
1,521.0
355.8

3,194.7
1,321.6
846.3
665.6
180.7
475.3
353.2
122.2
1,873.1
1,515.4
357.6

3,184.2
1,320.1
843.5
659.2
184.2
476.6
353.4
123.2
1,864.2
1,515.6
348.6

52
53
54
55
56
57
58
59
60
61
62

14,863.1
15,604.9
15,623.7
14,844.3
876.1
673.2
15,047.3
12,464.6
14,722.1

14,611.9
15,144.1
15,209.3
14,546.7
745.5
623.6
14,668.6
12,153.7
14,457.8

14,526.8
14,770.8
14,916.4
14,381.2
628.9
506.3
14,503.8
11,995.6
14,269.7

14,530.0
14,677.3
14,865.2
14,342.1
616.3
496.7
14,461.7
11,975.1
14,243.7

14,590.3
14,786.3
14,992.3
14,384.4
640.5
474.0
14,550.9
12,029.2
14,310.1

14,614.9
15,006.2
15,057.0
14,564.1
689.0
509.0
14,744.2
12,198.3
14,559.3

14,660.4
15,167.5
15,155.5
14,672.5
696.5
493.0
14,875.9
12,302.7
14,627.4

14,829.0
15,408.9
15,358.8
14,879.2
711.9
506.7
15,084.3
12,504.2
14,793.7

14,928.2
15,593.5
15,472.0
15,049.8
720.5
520.8
15,249.5
12,667.3
15,050.5

15,169.3
15,737.0
15,674.6
15,231.7
751.2
535.7
15,447.2
12,832.6
15,189.0

63
64
65
66
67
68
69
70
71

-37-

Table 3A. Gross Domestic Product and Related Measures—Continues
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2011
I

1
Gross domestic product..............................................
2 Personal consumption expenditures.................................
3 Goods ...............................................................................
4
Durable goods................................................................
5
Motor vehicles and parts ............................................
6
Furnishings and durable household equipment .........
7
Recreational goods and vehicles ...............................
8
Other durable goods...................................................
9
Nondurable goods..........................................................
10
Food and beverages purchased for off-premises consumption ...........................................................
11
Clothing and footwear.................................................
12
Gasoline and other energy goods ..............................
13
Other nondurable goods.............................................
14 Services ............................................................................
15
Household consumption expenditures (for services) .....
16
Housing and utilities ...................................................
17
Health care.................................................................
18
Transportation services ..............................................
19
Recreation services....................................................
20
Food services and accommodations..........................
21
Financial services and insurance ...............................
22
Other services ............................................................
23
Final consumption expenditures of nonprofit institutions serving households ....................................................
24
Gross output of nonprofit institutions..........................
25
Less: Receipts from sales of goods and services by nonprofit institutions................................................
26 Gross private domestic investment ...................................
27 Fixed investment..............................................................
28
Nonresidential ................................................................
29
Structures...................................................................
30
Equipment ..................................................................
31
Information processing equipment .........................
32
Computers and peripheral equipment ................
33
Other...................................................................
34
Industrial equipment ...............................................
35
Transportation equipment .......................................
36
Other equipment.....................................................
37
Intellectual property products .....................................
38
Software .................................................................
39
Research and development....................................
40
Entertainment, literary, and artistic originals...........
41
Residential .....................................................................
42 Change in private inventories.........................................
43
Farm...............................................................................
44
Nonfarm .........................................................................
45 Net exports of goods and services....................................
46 Exports .............................................................................
47
Goods.............................................................................
48
Services .........................................................................
49 Imports..............................................................................
50
Goods.............................................................................
51
Services .........................................................................

II

2012
III

IV

I

II

2013
III

IV

I

Line
II

15,242.9
10,527.1
3,532.2
1,115.1
368.7
253.7
317.8
174.9
2,417.1

15,461.9
10,662.6
3,588.2
1,116.6
358.6
258.2
319.6
180.3
2,471.5

15,611.8
10,778.6
3,622.3
1,129.0
363.4
261.7
321.5
182.4
2,493.3

15,818.7
10,878.9
3,668.2
1,158.9
384.4
266.7
325.7
182.1
2,509.3

16,041.6
11,019.1
3,729.3
1,184.3
395.4
273.0
329.9
186.0
2,545.0

16,160.4
11,100.2
3,738.4
1,189.3
394.6
273.3
332.2
189.1
2,549.2

16,356.0
11,193.6
3,784.9
1,206.5
401.8
276.2
336.1
192.4
2,578.4

16,420.3
11,285.5
3,826.1
1,230.7
415.1
277.9
339.9
197.8
2,595.4

16,535.3
11,379.2
3,851.8
1,244.8
421.3
280.7
342.3
200.6
2,607.0

16,633.4
11,430.3
3,851.6
1,258.3
422.2
283.6
346.9
205.7
2,593.2

1
2
3
4
5
6
7
8
9

815.6
331.1
393.1
877.3
6,995.0
6,722.7
1,935.9
1,742.0
301.2
390.7
639.9
788.2
924.7

831.2
337.3
414.3
888.7
7,074.4
6,798.8
1,952.2
1,763.9
306.8
399.1
654.1
792.1
930.7

839.9
339.5
417.2
896.7
7,156.3
6,871.6
1,975.9
1,768.3
310.9
403.1
665.8
810.8
936.9

845.2
345.3
411.2
907.6
7,210.7
6,931.6
1,979.5
1,796.9
314.0
405.9
674.9
813.3
947.0

854.3
352.0
416.9
921.8
7,289.7
7,009.5
1,982.7
1,826.2
315.5
412.8
688.1
820.9
963.4

861.0
352.1
410.1
926.0
7,361.8
7,071.3
2,013.9
1,835.9
318.1
415.2
698.2
821.3
968.6

866.0
357.1
419.5
935.9
7,408.7
7,117.2
2,029.5
1,855.9
318.9
419.2
703.4
817.9
972.4

871.8
357.4
421.6
944.7
7,459.4
7,159.6
2,029.4
1,872.5
319.8
419.0
717.2
824.2
977.5

878.9
360.0
418.3
949.7
7,527.4
7,243.6
2,065.8
1,889.2
324.2
423.4
725.6
835.1
980.4

877.1
364.2
397.1
954.9
7,578.7
7,296.6
2,080.6
1,899.5
324.7
426.7
731.0
845.1
989.0

10
11
12
13
14
15
16
17
18
19
20
21
22

272.2
1,127.3

275.6
1,139.6

284.7
1,142.1

279.1
1,157.4

280.2
1,175.9

290.5
1,185.4

291.5
1,202.7

299.8
1,212.5

283.8
1,209.9

282.1
1,217.3

23
24

855.0
2,120.4
2,098.9
1,721.8
340.8
798.0
278.7
73.1
205.6
171.3
156.2
191.9
582.9
259.7
249.3
73.9
377.1
21.5
–7.9
29.4
–554.7
2,029.5
1,423.1
606.3
2,584.1
2,163.8
420.3

864.0
2,199.9
2,154.1
1,773.1
370.1
809.9
282.1
77.5
204.6
173.1
159.2
195.5
593.1
264.6
254.9
73.6
381.0
45.8
–9.6
55.4
–572.2
2,095.5
1,469.3
626.2
2,667.7
2,234.6
433.0

857.4
2,222.2
2,235.7
1,848.9
397.5
849.8
280.1
77.5
202.6
187.1
176.2
206.5
601.6
270.0
257.9
73.7
386.8
–13.5
–4.6
–8.8
–553.7
2,143.4
1,497.0
646.4
2,697.1
2,252.4
444.6

878.3
2,385.7
2,293.8
1,895.7
413.9
873.0
280.6
79.1
201.5
196.5
195.4
200.6
608.8
275.9
259.0
73.9
398.1
91.9
–3.3
95.2
–594.4
2,136.2
1,505.0
631.2
2,730.7
2,287.6
443.1

895.7
2,453.6
2,350.7
1,932.3
422.0
895.4
290.1
83.5
206.6
190.1
209.0
206.3
614.9
276.8
264.1
74.0
418.4
102.9
–0.1
103.0
–590.8
2,173.4
1,520.7
652.7
2,764.2
2,319.6
444.6

894.9
2,454.0
2,387.1
1,961.4
431.3
907.9
281.2
79.2
202.0
195.5
220.6
210.6
622.2
280.6
267.5
74.1
425.7
66.8
–7.4
74.3
–557.9
2,197.4
1,539.5
657.9
2,755.3
2,307.4
447.8

911.2
2,493.3
2,411.7
1,968.0
438.3
902.2
277.5
71.5
206.0
195.9
212.3
216.5
627.5
281.9
271.3
74.4
443.7
81.6
–23.9
105.5
–524.4
2,199.2
1,545.6
653.6
2,723.5
2,275.0
448.6

912.7
2,499.9
2,486.9
2,018.2
457.8
925.0
289.4
82.5
206.9
199.6
215.7
220.3
635.4
287.3
273.4
74.7
468.8
13.0
–15.6
28.6
–515.8
2,213.7
1,538.3
675.5
2,729.5
2,279.6
449.9

926.1
2,555.1
2,491.7
2,001.4
429.1
928.0
286.2
78.8
207.5
200.1
211.5
230.2
644.3
293.7
275.2
75.3
490.3
63.4
38.9
24.5
–523.1
2,214.2
1,531.6
682.6
2,737.3
2,281.9
455.3

935.2
2,620.0
2,541.3
2,028.3
441.4
936.2
292.7
77.1
215.6
199.8
214.2
229.6
650.6
297.5
277.8
75.3
513.0
78.7
42.1
36.6
–538.5
2,227.2
1,535.6
691.6
2,765.7
2,301.9
463.8

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51

-38-

Table 3A. Gross Domestic Product and Related Measures—Table Ends
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2011
I

52 Government consumption expenditures and gross investment ........................................................................
53 Federal ..............................................................................
54
National defense ............................................................
55
Consumption expenditures.........................................
56
Gross investment........................................................
57
Nondefense....................................................................
58
Consumption expenditures.........................................
59
Gross investment........................................................
60 State and local .................................................................
61
Consumption expenditures ............................................
62
Gross investment ...........................................................
Addenda:
63 Final sales of domestic product .........................................
64 Gross domestic purchases ................................................
65 Final sales to domestic purchasers ...................................
66 Gross domestic product .................................................
67 Plus: Income receipts from the rest of the world................
68 Less: Income payments to the rest of the world ................
69 Equals: Gross national product .....................................
70 Net domestic product.........................................................
71 Gross domestic income .....................................................

2012

II

III

IV

3,150.0
1,297.4
822.0
650.0
172.0
475.4
351.1
124.3
1,852.6
1,515.0
337.7

3,171.7
1,315.4
844.2
669.4
174.8
471.2
348.0
123.2
1,856.3
1,521.1
335.2

3,164.6
1,308.5
851.6
678.7
173.0
456.9
334.7
122.2
1,856.1
1,519.7
336.4

3,148.5
1,294.9
825.6
653.3
172.3
469.3
349.4
119.9
1,853.6
1,514.0
339.6

15,221.4
15,797.6
15,776.1
15,242.9
772.5
524.2
15,491.2
12,825.0
15,326.2

15,416.2
16,034.1
15,988.4
15,461.9
804.5
554.2
15,712.1
13,018.5
15,513.6

15,625.3
16,165.5
16,179.0
15,611.8
822.3
550.1
15,884.0
13,146.8
15,694.9

15,726.8
16,413.1
16,321.2
15,818.7
812.0
539.7
16,091.0
13,334.8
15,815.3

-39-

I

2013
I

Line

II

III

IV

II

3,159.7
1,291.8
816.3
652.9
163.4
475.5
356.4
119.0
1,867.9
1,533.0
334.9

3,164.1
1,293.8
816.7
649.6
167.1
477.1
357.9
119.3
1,870.3
1,531.3
339.0

3,193.5
1,322.1
841.9
675.0
166.9
480.2
361.1
119.2
1,871.4
1,536.8
334.6

3,150.7
1,275.2
793.7
630.6
163.1
481.5
363.3
118.2
1,875.4
1,544.3
331.2

3,124.1
1,255.0
775.8
619.7
156.1
479.2
362.6
116.6
1,869.1
1,543.0
326.1

3,121.6
1,252.5
776.1
614.5
161.7
476.4
360.0
116.3
1,869.1
1,541.9
327.2

52
53
54
55
56
57
58
59
60
61
62

15,938.7
16,632.4
16,529.5
16,041.6
818.0
570.0
16,289.6
13,534.0
16,104.6

16,093.6
16,718.3
16,651.4
16,160.4
814.4
555.7
16,419.2
13,626.7
16,150.3

16,274.4
16,880.4
16,798.8
16,356.0
812.0
564.4
16,603.7
13,800.9
16,269.6

16,407.3
16,936.1
16,923.1
16,420.3
829.8
572.8
16,677.3
13,845.3
16,522.0

16,471.9
17,058.4
16,995.0
16,535.3
813.3
575.9
16,772.7
13,931.5
16,679.5

16,554.7
17,171.9
17,093.2
16,633.4
....................
....................
....................
14,002.2

63
64
65
66
67
68
69
70
71

....................

Table 3B. Real Gross Domestic Product and Related Measures—Continues
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Line

2007
I

II

1
Gross domestic product........................................... 12,909.7 13,270.0 13,774.0 14,235.6 14,615.2 14,876.8 14,833.6 14,417.9 14,779.4 15,052.4 15,470.7 14,728.1 14,841.5
2 Personal consumption expenditures.............................. 8,600.4 8,866.2 9,205.6 9,527.8 9,814.9 10,035.5 9,999.2 9,842.9 10,035.9 10,291.3 10,517.6 9,987.1 10,020.4
3 Goods ............................................................................ 2,770.2 2,904.5 3,051.9 3,177.2 3,292.5 3,381.8 3,297.8 3,198.4 3,308.7 3,419.9 3,534.1 3,363.5 3,376.3
4
Durable goods.............................................................
856.6
917.6
992.9 1,046.9 1,091.5 1,141.7 1,083.2 1,023.3 1,085.7 1,157.1 1,246.7 1,122.0 1,138.3
5
Motor vehicles and parts .........................................
383.3
394.6
405.5
400.0
385.1
392.8
340.8
317.1
323.4
339.4
364.0
390.5
396.2
6
Furnishings and durable household equipment ......
211.7
226.8
248.3
264.8
278.3
280.4
267.7
244.3
261.5
276.0
292.8
281.3
279.6
7
Recreational goods and vehicles ............................
160.7
181.6
209.3
237.6
268.8
299.0
308.7
303.8
336.8
370.5
410.9
286.1
293.5
8
Other durable goods................................................
119.9
131.1
142.8
153.3
164.4
172.2
166.5
158.2
164.9
173.7
183.6
167.7
172.1
9
Nondurable goods....................................................... 1,931.1 1,998.5 2,063.7 2,132.3 2,202.2 2,239.3 2,214.7 2,175.1 2,223.5 2,266.0 2,296.8 2,241.6 2,237.1
10
Food and beverages purchased for off-premises consumption ........................................................
697.0
713.3
729.8
757.6
780.8
791.3
781.9
770.0
786.5
798.8
809.4
793.2
789.1
11
Clothing and footwear..............................................
265.2
278.3
291.2
306.8
317.4
323.9
322.3
306.5
322.7
335.0
338.9
323.1
322.9
12
Gasoline and other energy goods ...........................
296.4
296.8
299.3
298.0
297.4
296.8
283.4
284.5
282.2
275.2
271.5
301.6
297.7
13
Other nondurable goods..........................................
675.7
709.5
740.6
765.9
803.3
825.2
828.3
814.2
833.0
861.6
885.1
820.8
825.1
14 Services ......................................................................... 5,840.0 5,965.6 6,154.1 6,349.4 6,519.8 6,650.4 6,700.6 6,644.5 6,727.2 6,871.1 6,982.7 6,620.3 6,640.7
15
Household consumption expenditures (for services)
5,649.9 5,761.7 5,946.7 6,143.4 6,285.0 6,409.2 6,427.1 6,368.5 6,448.9 6,592.0 6,689.4 6,381.6 6,405.4
16
Housing and utilities ................................................ 1,653.8 1,676.0 1,717.9 1,788.4 1,823.2 1,840.8 1,860.1 1,881.0 1,904.3 1,928.4 1,943.6 1,837.5 1,840.1
17
Health care.............................................................. 1,355.6 1,392.5 1,442.3 1,490.4 1,525.2 1,563.2 1,598.8 1,627.4 1,649.2 1,693.3 1,738.4 1,549.5 1,556.3
18
Transportation services ...........................................
320.8
322.9
331.5
334.7
335.5
339.0
321.3
289.7
287.1
294.3
298.0
340.3
340.3
19
Recreation services.................................................
327.3
338.4
355.8
364.7
377.4
392.1
389.0
376.0
381.0
388.8
394.4
388.8
390.5
20
Food services and accommodations.......................
541.7
561.6
584.2
605.1
624.7
632.6
626.1
600.3
609.6
634.0
656.8
629.8
631.3
21
Financial services and insurance ............................
641.7
643.1
668.7
704.1
720.1
742.5
737.4
719.0
733.9
756.0
746.0
735.4
743.2
22
Other services .........................................................
810.7
830.1
848.4
856.6
879.4
898.7
894.3
875.1
883.8
896.7
911.9
900.5
903.3
23
Final consumption expenditures of nonprofit institutions serving households ...............................
194.2
206.3
210.3
209.9
236.6
242.9
273.6
276.0
278.3
278.9
293.6
240.5
237.4
24
Gross output of nonprofit institutions.......................
896.0
914.4
938.4
961.7
999.1 1,022.2 1,055.2 1,072.6 1,086.0 1,100.0 1,132.1 1,016.8 1,017.2
25
Less: Receipts from sales of goods and services by nonprofit institutions........................................
706.7
710.7
731.0
755.6
764.1
780.9
781.5
796.5
807.7
820.9
838.8
778.0
781.7
26 Gross private domestic investment ................................ 2,218.2 2,308.7 2,511.3 2,672.6 2,730.0 2,644.1 2,396.0 1,878.1 2,120.4 2,224.6 2,436.0 2,638.5 2,674.7
27 Fixed investment........................................................... 2,201.1 2,289.5 2,443.9 2,611.0 2,662.5 2,609.6 2,432.6 2,025.7 2,056.2 2,184.6 2,365.3 2,618.2 2,624.9
28
Nonresidential ............................................................. 1,498.0 1,526.1 1,605.4 1,717.4 1,839.6 1,948.4 1,934.4 1,633.4 1,673.8 1,800.5 1,931.8 1,897.2 1,934.4
29
Structures................................................................
432.5
415.8
414.1
421.2
451.5
509.0
540.2
438.2
366.3
374.1
421.6
474.8
500.6
30
Equipment ...............................................................
658.0
679.0
731.2
801.6
870.8
898.3
836.1
644.3
746.7
841.7
905.9
886.1
896.2
31
Information processing equipment ......................
169.9
185.8
204.5
222.2
250.9
279.9
281.0
256.1
281.4
287.9
295.7
270.6
272.7
32
Computers and peripheral equipment ............. .............. .............. ............... .............. ............... ............... .............. ............... .............. .............. ............... .............. ...............
33
Other................................................................
135.0
147.3
160.7
172.6
187.5
207.9
204.2
179.3
196.8
204.3
207.8
200.0
203.8
34
Industrial equipment ............................................
171.6
172.2
169.1
183.6
199.1
205.3
195.5
152.1
151.3
175.0
184.6
197.7
210.6
35
Transportation equipment ....................................
167.2
154.8
176.5
197.9
212.6
203.6
156.9
70.6
136.9
181.0
221.0
212.8
201.8
36
Other equipment..................................................
167.9
179.3
192.4
210.9
219.6
217.0
206.5
165.6
179.8
201.8
209.7
213.2
219.5
37
Intellectual property products ..................................
425.9
442.2
464.9
495.0
517.5
542.4
558.8
550.9
561.3
586.1
605.8
537.0
538.9
38
Software ..............................................................
176.9
189.0
207.9
221.2
230.3
244.2
256.2
256.8
254.2
269.8
285.9
241.5
242.2
39
Research and development.................................
190.5
189.1
191.0
202.3
215.0
227.9
235.5
229.0
234.4
241.8
245.7
224.7
226.2
40
Entertainment, literary, and artistic originals........
60.3
64.8
65.8
71.3
72.1
70.3
67.1
65.1
72.7
74.6
74.8
70.8
70.5
41
Residential ..................................................................
682.7
744.5
818.9
872.6
806.6
654.8
497.7
392.2
382.4
384.3
433.7
711.2
682.7
42 Change in private inventories......................................
22.5
22.6
71.4
64.3
71.6
35.5
–33.7 –147.6
58.2
33.6
57.6
19.6
49.4
43
Farm............................................................................
–3.5
0.1
9.0
0.3
–4.2
–0.9
1.1
–1.6
–7.0
–4.5
–7.2
3.2
–3.8
44
Nonfarm ......................................................................
25.5
22.4
62.4
63.9
75.4
36.5
–35.0 –146.0
65.9
39.7
68.7
16.4
53.2
45 Net exports of goods and services................................. –584.9 –641.6 –731.9 –777.1 –786.2 –703.6 –546.9 –392.2 –462.6 –445.9 –430.8 –765.3 –746.5
46 Exports .......................................................................... 1,178.1 1,197.2 1,309.3 1,388.4 1,512.4 1,647.3 1,741.8 1,583.8 1,765.6 1,890.5 1,957.4 1,586.5 1,614.4
47
Goods..........................................................................
817.1
832.4
902.8
969.2 1,060.5 1,140.4 1,210.4 1,064.7 1,217.2 1,303.9 1,353.2 1,104.4 1,121.7
48
Services ......................................................................
360.5
364.1
406.3
418.4
450.8
506.2
530.5
519.1
548.1
586.3
603.7
481.3
491.9
49 Imports........................................................................... 1,763.0 1,838.8 2,041.2 2,165.5 2,298.6 2,350.9 2,288.7 1,976.0 2,228.1 2,336.4 2,388.2 2,351.8 2,360.9
50
Goods.......................................................................... 1,459.9 1,531.3 1,701.4 1,814.7 1,922.2 1,957.5 1,885.1 1,587.3 1,828.0 1,923.4 1,964.3 1,961.7 1,967.1
51
Services ......................................................................
300.0
303.8
335.7
346.1
371.6
389.0
401.1
388.7
399.4
411.8
422.8
385.5
389.4
NOTE. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contribu-

tions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.

-40-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51

Table 3B. Real Gross Domestic Product and Related Measures—Continues
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012
I

52 Government consumption expenditures and gross investment .....................................................................
53 Federal ...........................................................................
54
National defense .........................................................
55
Consumption expenditures......................................
56
Gross investment.....................................................
57
Nondefense.................................................................
58
Consumption expenditures......................................
59
Gross investment.....................................................
60 State and local ..............................................................
61
Consumption expenditures......................................
62
Gross investment.....................................................
63 Residual..............................................................................
Addenda:
64 Final sales of domestic product ......................................
65 Gross domestic purchases .............................................
66 Final sales to domestic purchasers ................................
67 Gross domestic product ..............................................
68 Plus: Income receipts from the rest of the world.............
69 Less: Income payments to the rest of the world .............
70 Equals: Gross national product ..................................
71 Net domestic product......................................................
72 Gross domestic income 1 ................................................

Line

2007
II

2,705.8
910.8
567.3
459.0
109.4
343.3
253.3
90.0
1,802.4
1,439.5
363.5
–118.1

2,764.3
973.0
615.4
494.6
121.6
357.5
264.1
93.3
1,795.3
1,430.3
365.8
–82.4

2,808.2
1,017.1
652.7
519.9
133.2
364.5
270.4
94.1
1,792.8
1,431.7
361.6
–46.5

2,826.2
1,034.8
665.5
525.7
140.0
369.4
274.0
95.4
1,792.3
1,440.0
352.3
–22.6

2,869.3
1,060.9
678.8
531.0
147.9
382.1
282.5
99.6
1,808.8
1,450.7
358.2
–18.0

2,914.4
1,078.7
695.6
539.5
156.2
383.1
282.3
100.8
1,836.1
1,474.1
362.1
–18.4

2,994.8
1,152.3
748.1
576.7
171.4
404.2
299.8
104.5
1,842.4
1,477.4
365.2
–19.4

3,089.1
1,217.7
788.3
613.3
175.0
429.4
320.4
109.0
1,871.4
1,508.4
363.0
–0.3

3,091.4
1,270.7
813.5
636.0
177.5
457.1
339.2
117.9
1,820.8
1,469.7
351.0
–6.4

2,992.3
1,237.9
794.6
627.1
167.3
443.3
325.6
117.8
1,754.5
1,426.8
327.3
–20.6

2,963.1
1,220.3
769.1
610.4
158.5
451.2
336.9
114.2
1,742.8
1,427.1
315.1
–34.1

2,882.7
1,054.5
676.6
526.0
150.6
378.0
278.5
99.4
1,829.0
1,470.1
358.9
–16.2

2,907.0
1,071.2
691.0
533.5
157.5
380.2
279.8
100.4
1,836.4
1,474.3
362.2
–17.1

52
53
54
55
56
57
58
59
60
61
62
63

12,889.9
13,520.1
13,501.3
12,909.7
378.6
319.0
12,970.8
11,008.9
12,992.1

13,247.9
13,937.1
13,916.1
13,270.0
417.2
336.1
13,352.2
11,310.5
13,283.9

13,702.7
14,529.1
14,458.7
13,774.0
513.3
408.9
13,879.0
11,745.9
13,781.3

14,170.1
15,036.2
14,971.7
14,235.6
631.2
526.2
14,340.8
12,129.1
14,272.3

14,543.6
15,424.8
15,354.2
14,615.2
768.4
692.4
14,690.9
12,424.6
14,842.3

14,839.2
15,600.8
15,564.2
14,876.8
902.6
768.8
15,009.7
12,604.9
14,856.1

14,868.9
15,392.0
15,427.8
14,833.6
855.9
680.0
15,009.0
12,496.1
14,733.8

14,565.5
14,810.1
14,957.7
14,417.9
643.7
496.5
14,565.1
12,049.6
14,345.7

14,717.7
15,244.5
15,183.2
14,779.4
647.1
461.6
14,966.5
12,396.6
14,736.7

15,014.4
15,501.1
15,463.4
15,052.4
703.8
475.2
15,286.7
12,639.8
15,104.3

15,403.2
15,902.3
15,835.2
15,470.7
705.5
487.3
15,693.1
13,015.8
15,487.0

14,705.3
15,515.6
15,493.8
14,728.1
836.9
760.7
14,803.5
12,484.1
14,882.9

14,788.4
15,610.0
15,557.8
14,841.5
898.8
799.9
14,939.3
12,578.1
14,904.7

64
65
66
67
68
69
70
71
72

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
NOTE. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative

importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contributions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.

-41-

Table 3B. Real Gross Domestic Product and Related Measures—Continues
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line

2007
III

2008
IV

1
Gross domestic product........................................... 14,941.5 14,996.1
2 Personal consumption expenditures.............................. 10,060.1 10,074.5
3 Goods ............................................................................ 3,392.3 3,394.9
4
Durable goods............................................................. 1,150.9 1,155.5
5
Motor vehicles and parts .........................................
393.3
391.2
6
Furnishings and durable household equipment ......
280.7
280.2
7
Recreational goods and vehicles ............................
304.7
311.6
8
Other durable goods................................................
174.6
174.4
9
Nondurable goods....................................................... 2,240.2 2,238.4
10
Food and beverages purchased for off-premises consumption ........................................................
789.8
793.1
11
Clothing and footwear..............................................
325.4
324.2
12
Gasoline and other energy goods ...........................
295.5
292.6
13
Other nondurable goods..........................................
827.5
827.2
14 Services ......................................................................... 6,664.3 6,676.3
15
Household consumption expenditures (for services)
6,425.0 6,424.8
16
Housing and utilities ................................................ 1,845.4 1,840.0
17
Health care.............................................................. 1,570.4 1,576.8
18
Transportation services ...........................................
338.9
336.4
19
Recreation services.................................................
394.6
394.4
20
Food services and accommodations.......................
631.9
637.4
21
Financial services and insurance ............................
747.0
744.6
22
Other services .........................................................
896.2
894.7
23
Final consumption expenditures of nonprofit institutions serving households ...............................
241.1
252.6
24
Gross output of nonprofit institutions....................... 1,022.8 1,032.1
25
Less: Receipts from sales of goods and services by nonprofit institutions........................................
783.4
780.5
26 Gross private domestic investment ................................ 2,658.1 2,605.2
27 Fixed investment........................................................... 2,609.0 2,586.3
28
Nonresidential ............................................................. 1,964.4 1,997.6
29
Structures................................................................
524.0
536.8
30
Equipment ...............................................................
900.9
910.0
31
Information processing equipment ......................
279.5
296.7
32
Computers and peripheral equipment ............. ............. .............
33
Other................................................................
207.7
220.0
34
Industrial equipment ............................................
211.7
201.2
35
Transportation equipment ....................................
199.2
200.5
36
Other equipment..................................................
217.9
217.4
37
Intellectual property products ..................................
541.1
552.4
38
Software ..............................................................
244.7
248.3
39
Research and development.................................
225.9
234.7
40
Entertainment, literary, and artistic originals........
70.5
69.4
41
Residential ..................................................................
639.2
586.1
42 Change in private inventories......................................
50.2
23.0
43
Farm............................................................................
–2.0
–1.1
44
Nonfarm ......................................................................
52.3
24.1
45 Net exports of goods and services................................. –691.2 –611.2
46 Exports .......................................................................... 1,671.2 1,717.1
47
Goods.......................................................................... 1,154.8 1,180.7
48
Services ......................................................................
515.9
535.9
49 Imports........................................................................... 2,362.4 2,328.3
50
Goods.......................................................................... 1,965.0 1,936.0
51
Services ......................................................................
393.0
387.9

2009

2010

Line

I

II

III

IV

I

II

III

IV

I

II

III

IV

14,895.4
10,054.1
3,348.7
1,122.5
371.9
273.3
308.2
170.6
2,226.2

14,969.2
10,073.0
3,360.4
1,119.0
355.2
276.6
318.1
169.7
2,241.8

14,895.1
9,993.7
3,296.6
1,084.7
337.4
267.2
312.8
167.6
2,212.2

14,574.6
9,876.2
3,185.5
1,006.8
298.8
253.6
295.9
158.0
2,178.6

14,372.1
9,843.6
3,188.8
1,008.6
307.6
245.2
298.6
156.9
2,180.2

14,356.9
9,801.5
3,166.9
1,002.6
308.9
240.9
294.7
157.8
2,164.4

14,402.5
9,862.7
3,222.9
1,050.6
342.2
243.6
305.8
158.9
2,172.5

14,540.2
9,863.9
3,215.2
1,031.5
309.5
247.6
316.0
159.1
2,183.5

14,597.7
9,915.4
3,247.0
1,045.2
306.2
254.0
324.1
162.2
2,201.6

14,738.0
9,995.3
3,288.0
1,076.3
319.7
261.4
333.8
162.5
2,212.1

14,839.3
10,063.7
3,319.1
1,093.8
325.7
262.7
341.0
165.4
2,226.0

14,942.4
10,169.0
3,380.5
1,127.4
342.0
267.9
348.3
169.4
2,254.5

1
2
3
4
5
6
7
8
9

789.3
321.6
290.2
823.7
6,703.6
6,444.8
1,854.6
1,593.7
332.1
393.2
629.0
742.3
899.7

792.7
331.1
285.8
833.3
6,710.6
6,441.3
1,860.2
1,596.8
326.5
392.5
632.4
738.3
894.5

782.2
324.2
275.9
834.3
6,696.6
6,418.7
1,854.7
1,600.1
319.6
387.7
626.3
738.9
891.2

763.3
312.3
281.8
821.9
6,691.7
6,403.7
1,870.8
1,604.8
306.9
382.5
616.7
730.2
891.6

761.4
308.5
291.9
819.0
6,655.3
6,376.2
1,874.0
1,616.0
296.5
379.0
605.8
723.8
881.0

767.2
302.7
284.7
809.4
6,634.7
6,361.8
1,878.0
1,628.6
291.1
375.3
599.9
719.0
869.9

771.9
305.9
282.3
811.9
6,639.5
6,366.3
1,881.4
1,634.9
287.0
373.6
598.2
719.2
872.0

779.3
308.8
279.1
816.4
6,648.5
6,369.6
1,890.6
1,630.0
284.2
376.1
597.5
713.8
877.5

786.1
315.9
279.3
821.0
6,668.3
6,389.2
1,897.2
1,626.0
284.6
379.1
603.1
721.5
878.0

780.6
321.0
282.5
828.4
6,707.2
6,425.6
1,896.5
1,640.9
286.2
377.0
607.7
736.1
881.0

783.8
321.8
284.2
836.6
6,744.6
6,467.1
1,906.5
1,657.1
288.0
382.4
611.3
735.4
886.3

795.4
332.0
282.8
845.8
6,788.5
6,513.5
1,916.8
1,672.8
289.6
385.3
616.3
742.7
889.8

10
11
12
13
14
15
16
17
18
19
20
21
22

259.5
269.5
277.8
287.6
278.9
272.9
273.2
279.0
279.2
281.7
277.4
274.8
1,043.4 1,050.4 1,059.4 1,067.7 1,069.0 1,071.2 1,074.8 1,075.3 1,072.6 1,084.0 1,090.6 1,097.0

23
24

784.5
2,517.5
2,539.1
1,998.1
539.0
899.4
294.6
.............
213.8
201.0
198.5
211.1
561.2
256.0
236.6
68.6
540.0
–20.2
–4.9
–15.0
–611.2
1,738.7
1,210.5
527.1
2,349.9
1,946.9
399.1

781.0
2,472.6
2,503.4
1,986.6
547.7
876.6
294.1
.............
212.4
199.4
175.8
211.8
563.3
257.0
238.6
67.7
516.3
–26.4
2.2
–28.8
–539.9
1,788.4
1,247.8
539.5
2,328.3
1,929.6
394.7

NOTE. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contribu-

781.3
2,403.8
2,424.1
1,933.0
543.7
831.6
281.2
.............
205.2
195.6
147.7
210.6
558.2
257.7
234.2
66.3
490.9
–20.7
4.6
–25.7
–512.4
1,772.8
1,240.3
531.3
2,285.2
1,880.6
402.4

779.4
2,190.0
2,263.8
1,820.1
530.3
736.8
254.1
.............
185.4
186.0
105.5
192.7
552.5
254.2
232.7
65.6
443.6
–67.4
2.7
–70.4
–524.0
1,667.4
1,143.2
524.0
2,191.5
1,783.3
408.0

789.9
1,937.7
2,089.3
1,688.3
490.5
653.9
245.6
..............
175.8
161.0
68.6
178.8
543.6
252.8
226.2
64.6
401.0
–144.5
–0.7
–144.2
–447.1
1,534.8
1,027.6
507.1
1,981.9
1,591.4
390.5

798.3
1,820.5
2,011.0
1,634.0
453.3
631.6
246.4
..............
173.1
152.5
67.2
165.5
549.4
255.2
229.1
65.1
377.0
–190.1
–1.0
–189.3
–360.1
1,537.5
1,020.4
517.2
1,897.6
1,511.7
385.8

801.6
1,804.7
2,008.4
1,613.1
422.6
639.9
261.4
.............
183.9
148.5
70.0
159.9
550.9
257.7
228.4
64.7
395.4
–206.1
–4.2
–201.6
–380.4
1,588.7
1,070.3
518.4
1,969.1
1,581.0
388.2

796.4
1,949.6
1,994.1
1,598.4
386.5
651.9
270.9
.............
184.5
146.3
76.5
158.2
559.8
261.4
232.3
66.1
395.7
–49.6
–0.5
–48.8
–381.2
1,674.2
1,140.5
533.7
2,055.5
1,665.1
390.3

793.5
2,012.9
1,997.9
1,615.0
359.7
697.7
276.0
.............
188.5
143.0
109.7
170.7
557.6
256.0
232.7
68.9
383.0
9.8
–3.0
12.9
–413.6
1,700.4
1,170.6
529.6
2,113.9
1,722.9
390.7

tions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.

-42-

802.4
2,116.9
2,062.8
1,659.3
369.8
735.2
277.8
.............
191.5
151.1
130.9
177.8
554.7
250.9
231.5
72.3
403.5
48.8
–5.8
54.6
–474.3
1,739.3
1,203.3
535.6
2,213.6
1,818.4
394.4

813.0
2,185.7
2,060.8
1,692.8
364.4
766.2
282.5
.............
199.5
152.8
152.0
182.2
563.0
253.3
235.6
74.0
368.1
116.2
–9.9
126.8
–504.9
1,784.9
1,228.4
556.3
2,289.8
1,881.4
407.5

821.9
2,166.1
2,103.1
1,728.1
371.2
787.8
289.5
.............
207.7
158.3
155.1
188.3
570.0
256.7
237.8
75.4
375.1
58.1
–9.5
69.1
–457.5
1,837.7
1,266.4
571.0
2,295.2
1,889.2
404.9

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51

Table 3B. Real Gross Domestic Product and Related Measures—Continues
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line

2007

2008

2009

2010

Line

III
52 Government consumption expenditures and gross investment .....................................................................
53 Federal ...........................................................................
54
National defense .........................................................
55
Consumption expenditures......................................
56
Gross investment.....................................................
57
Nondefense.................................................................
58
Consumption expenditures......................................
59
Gross investment.....................................................
60 State and local ..............................................................
61
Consumption expenditures......................................
62
Gross investment.....................................................
63 Residual..............................................................................
Addenda:
64 Final sales of domestic product ......................................
65 Gross domestic purchases .............................................
66 Final sales to domestic purchasers ................................
67 Gross domestic product ..............................................
68 Plus: Income receipts from the rest of the world.............
69 Less: Income payments to the rest of the world .............
70 Equals: Gross national product ..................................
71 Net domestic product......................................................
72 Gross domestic income 1 ................................................

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

2,928.0
1,091.6
706.9
548.8
158.2
384.7
283.2
101.5
1,836.7
1,474.4
362.4
–18.7

2,939.8
1,097.5
708.0
549.6
158.4
389.6
287.7
101.9
1,842.5
1,477.7
364.9
–22.1

2,952.0
1,115.2
719.7
559.1
160.6
395.5
293.4
102.1
1,836.9
1,473.7
363.2
–26.4

2,975.0
1,135.7
733.6
562.1
171.6
402.1
298.3
103.8
1,839.3
1,471.7
367.7
–24.1

3,016.2
1,169.1
764.5
588.6
175.9
404.5
299.2
105.3
1,847.1
1,478.6
368.6
–15.0

3,035.9
1,189.3
774.5
597.0
177.5
414.8
308.1
106.7
1,846.6
1,485.4
361.2
–11.8

3,040.5
1,180.1
757.5
587.4
170.1
422.6
315.7
106.9
1,860.4
1,499.3
361.2
–9.9

3,096.0
1,218.9
788.4
612.1
176.3
430.4
323.1
107.4
1,877.1
1,509.6
367.6
–1.2

3,113.0
1,235.6
804.9
626.6
178.3
430.7
320.8
109.8
1,877.4
1,511.0
366.5
5.2

3,106.8
1,236.2
802.3
627.0
175.3
433.9
322.1
111.9
1,870.6
1,513.6
356.9
5.5

3,084.3
1,247.8
798.6
625.3
173.2
449.2
334.2
115.0
1,836.5
1,489.6
346.7
0.0

3,106.2
1,273.4
811.0
633.7
177.3
462.4
344.1
118.3
1,832.8
1,477.2
355.6
–5.7

3,103.5
1,285.0
825.9
647.1
178.8
459.1
340.1
119.0
1,818.5
1,462.4
356.2
–7.7

3,071.5
1,276.4
818.6
637.9
180.7
457.7
338.4
119.4
1,795.2
1,449.6
345.5
–11.2

52
53
54
55
56
57
58
59
60
61
62
63

14,888.9
15,653.1
15,601.4
14,941.5
938.1
781.0
15,097.5
12,660.0
14,823.1

14,974.4
15,624.4
15,603.7
14,996.1
936.8
733.4
15,198.6
12,697.3
14,816.1

14,915.3
15,526.1
15,546.7
14,895.4
914.5
727.3
15,081.9
12,581.1
14,843.5

14,998.7
15,522.3
15,552.4
14,969.2
898.1
709.5
15,157.3
12,639.1
14,834.0

14,914.1
15,415.6
15,435.3
14,895.1
866.0
662.4
15,098.7
12,549.0
14,772.4

14,647.6
15,103.9
15,176.9
14,574.6
745.0
621.0
14,698.1
12,215.1
14,485.6

14,524.4
14,820.6
14,972.8
14,372.1
631.8
508.2
14,495.3
12,005.4
14,260.6

14,547.2
14,717.9
14,908.1
14,356.9
618.6
498.5
14,476.8
11,987.7
14,258.4

14,605.2
14,781.8
14,984.4
14,402.5
640.0
473.8
14,568.8
12,033.3
14,328.2

14,585.2
14,920.4
14,965.5
14,540.2
684.4
505.6
14,719.5
12,171.9
14,535.4

14,584.3
15,011.5
14,998.4
14,597.7
628.6
444.9
14,782.7
12,224.9
14,552.8

14,686.3
15,215.4
15,164.0
14,738.0
641.6
456.3
14,925.1
12,359.0
14,653.4

14,718.3
15,348.5
15,228.0
14,839.3
647.3
467.4
15,020.5
12,453.3
14,840.1

14,881.8
15,402.5
15,342.3
14,942.4
670.9
478.0
15,137.8
12,549.2
14,900.5

64
65
66
67
68
69
70
71
72

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
NOTE. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative

importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contributions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.

-43-

Table 3B. Real Gross Domestic Product and Related Measures—Continues
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line

2011
I

II

2012
III

IV

I

II

2013
III

IV

I

Line
II

1
Gross domestic product...........................................
14,894.0
15,011.3
15,062.1
15,242.1
15,381.6
15,427.7
15,534.0
15,539.6
15,583.9
15,648.7
2 Personal consumption expenditures..............................
10,221.3
10,258.9
10,311.9
10,373.1
10,447.8
10,496.8
10,541.0
10,584.8
10,644.0
10,690.9
3 Goods ............................................................................
3,402.8
3,404.6
3,415.2
3,457.0
3,495.8
3,514.7
3,546.7
3,579.2
3,611.9
3,642.6
4
Durable goods.............................................................
1,142.3
1,140.0
1,154.4
1,191.7
1,219.7
1,228.6
1,253.4
1,285.2
1,303.5
1,324.2
5
Motor vehicles and parts .........................................
345.2
330.0
331.3
351.1
360.3
356.3
363.5
375.8
380.6
380.2
6
Furnishings and durable household equipment ......
269.6
273.4
277.0
284.0
289.5
290.1
294.1
297.3
300.3
305.6
7
Recreational goods and vehicles ............................
357.3
365.2
374.1
385.4
395.6
404.9
416.1
426.8
435.2
448.0
8
Other durable goods................................................
170.8
174.1
175.6
174.2
177.5
181.9
185.0
190.1
192.8
197.8
9
Nondurable goods.......................................................
2,262.6
2,266.5
2,263.8
2,271.0
2,283.6
2,293.9
2,303.0
2,306.7
2,322.2
2,333.7
10
Food and beverages purchased for off-premises consumption ........................................................
797.8
800.7
798.8
798.1
803.8
808.4
811.7
813.5
817.6
814.8
11
Clothing and footwear..............................................
334.0
338.0
332.2
335.7
339.7
336.3
340.5
339.0
340.5
346.8
12
Gasoline and other energy goods ...........................
280.4
273.8
273.6
273.0
269.9
274.7
272.5
268.8
271.7
274.8
13
Other nondurable goods..........................................
852.8
859.2
864.3
870.0
878.2
880.9
886.1
895.2
901.8
906.2
14 Services .........................................................................
6,818.2
6,854.1
6,896.6
6,915.5
6,951.2
6,981.4
6,993.4
7,004.7
7,031.1
7,047.5
15
Household consumption expenditures (for services)
6,544.5
6,578.8
6,610.1
6,634.7
6,668.0
6,688.3
6,698.0
6,703.2
6,743.2
6,767.8
16
Housing and utilities ................................................
1,918.9
1,925.1
1,937.3
1,932.4
1,927.8
1,949.2
1,955.5
1,941.9
1,964.5
1,963.1
17
Health care..............................................................
1,681.7
1,692.7
1,689.2
1,709.6
1,730.1
1,731.4
1,741.1
1,750.9
1,756.5
1,767.8
18
Transportation services ...........................................
290.4
293.8
296.1
297.0
296.5
298.0
298.8
298.6
300.8
302.4
19
Recreation services.................................................
383.1
388.7
391.3
392.1
394.0
394.4
395.4
393.7
396.1
398.7
20
Food services and accommodations.......................
624.2
631.6
636.9
643.4
650.2
654.1
656.2
666.6
670.7
670.2
21
Financial services and insurance ............................
750.7
751.4
762.8
759.0
757.2
751.1
738.1
737.7
747.6
754.9
22
Other services .........................................................
895.1
895.1
896.1
900.6
911.2
909.8
913.2
913.6
907.1
910.2
23
Final consumption expenditures of nonprofit institutions serving households ...............................
273.5
275.1
286.6
280.5
283.0
293.4
295.8
302.3
287.6
278.7
24
Gross output of nonprofit institutions.......................
1,094.8
1,098.7
1,098.4
1,108.0
1,122.7
1,126.2
1,138.1
1,141.4
1,132.7
1,132.9
25
Less: Receipts from sales of goods and services by nonprofit institutions........................................
821.0
823.3
812.2
827.2
839.4
833.2
842.5
839.9
844.8
853.1
26 Gross private domestic investment ................................
2,124.3
2,196.1
2,209.9
2,368.2
2,427.8
2,418.0
2,456.5
2,441.8
2,470.1
2,523.8
27 Fixed investment...........................................................
2,100.7
2,144.4
2,219.8
2,273.4
2,320.8
2,347.9
2,363.5
2,429.1
2,420.0
2,457.2
28
Nonresidential .............................................................
1,724.1
1,765.3
1,835.0
1,877.3
1,903.8
1,925.0
1,926.4
1,971.9
1,949.0
1,971.0
29
Structures................................................................
339.8
365.3
388.9
402.2
409.0
416.0
422.0
439.4
407.9
414.7
30
Equipment ...............................................................
810.6
819.2
858.0
879.1
896.9
908.5
899.5
918.8
922.5
931.7
31
Information processing equipment ......................
283.6
289.0
288.6
290.4
300.0
292.0
288.6
302.1
300.0
308.2
32
Computers and peripheral equipment ............. ................... .................... ................... .................... .................... ................... .................... .................... .................... ....................
33
Other................................................................
205.2
205.1
203.8
203.2
208.0
204.1
208.7
210.3
211.8
221.6
34
Industrial equipment ............................................
166.7
166.8
179.0
187.7
180.5
184.9
185.0
187.8
188.0
188.0
35
Transportation equipment ....................................
166.0
167.7
185.5
204.6
217.0
229.1
218.8
219.4
215.1
218.0
36
Other equipment..................................................
197.9
199.6
208.9
200.7
204.8
207.7
211.6
214.5
224.0
222.6
37
Intellectual property products ..................................
575.2
582.0
589.6
597.6
599.6
602.3
606.4
614.9
620.6
626.5
38
Software ..............................................................
261.8
266.7
272.2
278.6
279.7
284.0
286.6
293.1
298.6
301.7
39
Research and development.................................
239.0
241.2
242.9
244.1
245.3
244.1
245.7
247.6
247.4
249.9
40
Entertainment, literary, and artistic originals........
74.4
74.1
74.6
75.2
74.8
74.7
74.6
74.9
75.7
75.9
41
Residential ..................................................................
376.7
379.2
384.9
396.2
417.2
423.0
437.3
457.5
471.2
486.2
42 Change in private inventories......................................
22.0
42.9
–11.0
80.6
89.2
56.8
77.2
7.3
42.2
56.7
43
Farm............................................................................
–5.5
–6.1
–3.9
–2.5
–0.8
–4.9
–13.6
–9.6
16.0
19.9
44
Nonfarm ......................................................................
28.7
51.1
–6.6
85.5
92.5
64.7
97.3
20.3
22.2
32.1
45 Net exports of goods and services.................................
–456.5
–438.3
–433.9
–454.7
–439.2
–435.3
–436.5
–412.1
–422.3
–451.3
46 Exports ..........................................................................
1,854.7
1,876.9
1,908.9
1,921.7
1,941.4
1,959.8
1,961.6
1,967.0
1,960.5
1,986.3
47
Goods..........................................................................
1,280.0
1,291.6
1,309.8
1,334.3
1,340.2
1,357.3
1,362.8
1,352.6
1,342.8
1,360.6
48
Services ......................................................................
574.3
585.0
599.2
586.6
600.7
601.9
598.0
614.2
617.5
625.6
49 Imports...........................................................................
2,311.3
2,315.2
2,342.8
2,376.4
2,380.6
2,395.1
2,398.0
2,379.1
2,382.7
2,437.6
50
Goods..........................................................................
1,909.8
1,906.5
1,923.1
1,954.4
1,958.6
1,970.7
1,972.7
1,955.1
1,954.0
2,000.2
51
Services ......................................................................
399.8
407.4
419.0
420.9
420.8
423.2
424.2
423.1
428.3
436.9
NOTE. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contribu-

tions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.

-44-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51

Table 3B. Real Gross Domestic Product and Related Measures—Table Ends
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line

2011
I

52 Government consumption expenditures and gross investment .....................................................................
53 Federal ...........................................................................
54
National defense .........................................................
55
Consumption expenditures......................................
56
Gross investment.....................................................
57
Nondefense.................................................................
58
Consumption expenditures......................................
59
Gross investment.....................................................
60 State and local ..............................................................
61
Consumption expenditures......................................
62
Gross investment.....................................................
63 Residual..............................................................................
Addenda:
64 Final sales of domestic product ......................................
65 Gross domestic purchases .............................................
66 Final sales to domestic purchasers ................................
67 Gross domestic product ..............................................
68 Plus: Income receipts from the rest of the world.............
69 Less: Income payments to the rest of the world .............
70 Equals: Gross national product ..................................
71 Net domestic product......................................................
72 Gross domestic income 1 ................................................

2012

II

III

IV

3,012.0
1,241.6
787.8
620.7
167.0
453.7
333.8
120.0
1,770.5
1,437.5
332.7
–16.9

3,002.4
1,247.0
800.8
631.7
169.0
446.2
327.7
118.5
1,755.5
1,428.0
327.1
–16.0

2,983.2
1,236.4
805.6
638.7
166.6
430.8
313.6
117.3
1,746.9
1,421.6
324.9
–25.2

2,971.7
1,226.7
784.2
617.4
166.7
442.5
327.3
115.2
1,745.0
1,420.1
324.5
–23.9

14,871.9
15,354.0
15,332.1
14,894.0
684.1
464.0
15,119.2
12,494.5
14,975.4

14,961.8
15,451.6
15,402.4
15,011.3
706.1
486.6
15,235.6
12,603.6
15,061.5

15,072.7
15,498.4
15,508.9
15,062.1
717.7
480.1
15,306.4
12,645.6
15,142.2

15,151.3
15,700.5
15,610.2
15,242.1
707.1
469.9
15,485.7
12,815.4
15,238.8

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
NOTE. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative

I

2013
I

Line

II

III

IV

II

2,961.3
1,219.1
770.7
613.2
157.2
448.3
334.0
114.3
1,742.2
1,424.0
317.7
–25.4

2,963.5
1,218.5
768.8
608.4
160.2
449.7
335.2
114.5
1,745.0
1,425.2
319.2
–30.1

2,988.8
1,244.6
791.8
631.7
159.8
452.8
338.3
114.4
1,744.3
1,429.9
313.8
–34.6

2,938.8
1,198.9
745.0
588.1
156.8
453.9
340.2
113.7
1,739.8
1,429.5
309.6
–45.1

2,907.4
1,172.8
723.1
573.4
149.5
449.8
338.1
111.6
1,734.3
1,429.9
303.7
–38.0

2,904.4
1,168.3
722.2
567.9
154.3
446.2
334.9
111.2
1,735.7
1,431.6
303.4
–41.8

52
53
54
55
56
57
58
59
60
61
62
63

15,278.9
15,822.4
15,720.4
15,381.6
708.0
493.2
15,600.2
12,943.6
15,441.9

15,360.8
15,864.4
15,797.9
15,427.7
703.6
479.9
15,656.2
12,978.2
15,418.0

15,444.9
15,971.4
15,882.8
15,534.0
698.9
485.5
15,751.1
13,073.6
15,451.9

15,528.3
15,950.8
15,939.7
15,539.6
711.5
490.7
15,764.8
13,067.9
15,636.0

15,536.4
16,005.8
15,958.6
15,583.9
695.2
491.9
15,789.7
13,099.9
15,719.8

15,585.1
16,101.8
16,038.6
15,648.7
....................
....................
....................
13,151.9
....................

64
65
66
67
68
69
70
71
72

importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contributions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.

-45-

Table 4. Price Indexes for Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2007
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

II

2008
III

IV

I

Line
II

Gross domestic product (GDP)...........................................
1.5
2.0
2.7
3.2
3.1
2.7
1.9
0.8
1.2
2.0
1.7
4.5
2.3
1.3
1.7
2.3
1.8
Personal consumption expenditures.............................................
1.3
2.0
2.4
2.9
2.7
2.5
3.1 –0.1
1.7
2.4
1.8
3.8
3.2
2.3
4.1
3.5
4.2
Goods ............................................................................................ –0.9 –0.1
1.4
2.0
1.4
1.1
3.0 –2.3
1.6
3.6
1.3
2.9
4.5
0.9
5.0
4.1
4.9
Durable goods............................................................................ –2.5 –3.6 –1.9 –1.0 –1.6 –2.0 –1.9 –1.7 –1.4 –1.0 –1.2 –2.0 –1.8 –2.6 –1.6 –1.2 –3.0
Nondurable goods......................................................................
0.0
2.1
3.5
3.8
3.1
2.9
5.6 –2.6
3.1
5.9
2.4
5.7
8.1
2.8
8.7
7.0
9.0
Services .........................................................................................
2.6
3.1
3.0
3.3
3.4
3.2
3.1
1.1
1.7
1.8
2.2
4.3
2.6
3.0
3.6
3.1
3.9
Gross private domestic investment ...............................................
0.4
1.2
3.2
4.3
3.8
1.9
1.0 –1.0 –0.9
1.3
1.3
2.5
0.6
0.1
0.4
0.7
0.8
Fixed investment ............................................................................
0.4
1.3
3.2
4.4
3.9
1.9
1.0 –1.0 –0.8
1.3
1.3
2.5
0.6
0.1
0.2
0.8
0.9
Nonresidential ............................................................................ –0.4 –0.2
1.4
3.0
2.9
2.1
1.8 –0.3 –0.9
1.5
1.4
2.7
1.3
0.1
0.3
1.7
1.7
Structures...............................................................................
4.2
3.6
7.5 12.6 12.2
6.1
4.8 –2.2 –1.2
2.9
1.9
5.2
2.0
3.6
5.0
4.6
3.6
Equipment .............................................................................. –2.0 –1.7 –0.2
0.3 –0.3
0.3
0.1
1.3 –2.0
0.9
1.3
1.2
0.6 –2.4 –2.9 –0.7
0.0
Intellectual property products ................................................. –1.0 –0.2 –0.1
0.9
1.6
1.7
1.7 –0.8
0.5
1.2
1.4
3.0
1.9
1.0
1.0
2.5
2.5
Residential .................................................................................
2.5
4.7
7.0
7.2
5.8
1.3 –1.5 –3.5 –0.4
0.7
0.9
2.1 –1.1
0.2
0.4 –1.5 –1.6
Change in private inventories ........................................................ ......... .......... .......... ......... .......... ......... .......... ......... .......... .......... ......... .......... ......... .......... ......... .......... ..........
Net exports of goods and services................................................ ......... .......... .......... ......... .......... ......... .......... ......... .......... .......... ......... .......... ......... .......... ......... .......... ..........
Exports .......................................................................................... –0.5
2.2
3.7
4.4
3.6
3.4
4.6 –5.5
4.4
6.4
0.9
3.2
4.5
2.8
6.4
6.3 11.4
Goods......................................................................................... –0.7
2.0
3.7
3.5
3.5
3.4
4.9 –6.7
5.0
7.6
0.4
2.3
4.8
2.5
6.8
6.7 14.5
Services .....................................................................................
0.1
2.5
3.8
6.8
3.7
3.5
4.0 –2.8
3.1
3.8
2.1
5.5
3.8
3.6
5.6
5.5
4.0
Imports........................................................................................... –1.1
3.6
4.9
6.2
4.2
3.7 10.5 –10.5
6.0
7.8
0.5
1.9
7.1
7.3 17.3 14.3 22.4
Goods......................................................................................... –1.8
3.0
4.9
6.6
4.3
3.6 11.4 –12.2
6.7
8.8
0.6
1.8
7.1
7.4 19.6 16.0 24.3
Services .....................................................................................
2.4
6.5
4.7
4.0
3.5
4.1
6.0 –2.2
2.8
2.8
0.2
2.6
6.7
6.6
5.9
5.7 12.8
Government consumption expenditures and gross investment
2.5
3.8
4.5
5.1
4.4
4.4
4.3 –0.3
2.7
2.8
1.3
7.8
3.5
3.1
4.2
6.6
5.1
Federal...........................................................................................
3.3
4.3
3.5
4.2
3.3
3.0
3.0 –0.3
2.6
2.7
0.8
7.6
2.5
1.2
2.5
6.5
3.3
National defense ........................................................................
3.4
4.9
3.4
4.6
3.5
3.1
3.3 –0.8
2.4
2.8
1.0
7.5
2.5
1.5
3.1
6.4
4.2
Nondefense................................................................................
3.0
3.2
3.6
3.6
2.8
2.9
2.6
0.7
3.1
2.5
0.4
7.8
2.4
0.7
1.2
6.6
1.7
State and local ...............................................................................
2.1
3.5
5.1
5.6
5.0
5.2
5.1 –0.3
2.7
2.9
1.6
8.0
4.1
4.3
5.3
6.8
6.2
Addenda:
Final sales of domestic product .....................................................
1.5
2.0
2.7
3.2
3.1
2.7
1.9
0.8
1.2
2.0
1.8
4.5
2.3
1.3
1.7
2.3
1.8
Gross domestic purchases ............................................................
1.4
2.2
2.9
3.5
3.2
2.7
3.0 –0.2
1.5
2.3
1.7
4.3
2.8
2.1
3.5
3.6
3.9
Final sales to domestic purchasers ...............................................
1.4
2.2
2.9
3.5
3.2
2.7
2.9 –0.2
1.5
2.3
1.7
4.3
2.8
2.1
3.5
3.6
3.9
Gross national product (GNP) .......................................................
1.5
2.0
2.7
3.2
3.1
2.7
1.9
0.8
1.3
2.0
1.7
4.5
2.3
1.3
1.7
2.3
1.8
Implicit price deflators:
GDP ...........................................................................................
1.5
2.0
2.7
3.2
3.1
2.7
2.0
0.8
1.2
2.0
1.7
4.5
2.2
1.4
1.8
2.3
2.0
Gross domestic purchases.........................................................
1.4
2.2
2.9
3.5
3.2
2.7
3.0 –0.3
1.5
2.3
1.6
4.3
2.7
2.1
3.6
3.6
4.0
GNP ...........................................................................................
1.5
2.0
2.7
3.2
3.1
2.7
2.0
0.8
1.3
2.0
1.7
4.6
2.2
1.4
1.8
2.3
2.0

See “Explanatory Note” at the end of the tables.

-46-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Table 4. Price Indexes for Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Table Ends
Seasonally adjusted at annual rates
Line

2008

2009

2010

2011

2012

2013

Line

III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Gross domestic product (GDP)...........................................
Personal consumption expenditures.............................................
Goods ............................................................................................
Durable goods............................................................................
Nondurable goods......................................................................
Services .........................................................................................
Gross private domestic investment ...............................................
Fixed investment ............................................................................
Nonresidential ............................................................................
Structures...............................................................................
Equipment ..............................................................................
Intellectual property products .................................................
Residential .................................................................................
Change in private inventories ........................................................
Net exports of goods and services................................................
Exports ..........................................................................................
Goods.........................................................................................
Services .....................................................................................
Imports...........................................................................................
Goods.........................................................................................
Services .....................................................................................
Government consumption expenditures and gross investment
Federal...........................................................................................
National defense ........................................................................
Nondefense................................................................................
State and local ...............................................................................
Addenda:
Final sales of domestic product .....................................................
Gross domestic purchases ............................................................
Final sales to domestic purchasers ...............................................
Gross national product (GNP) .......................................................
Implicit price deflators:
GDP ...........................................................................................
Gross domestic purchases.........................................................
GNP ...........................................................................................

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

2.8
4.1
6.9
–1.1
10.9
2.8
2.0
2.9
4.7
7.3
4.8
1.9
–3.5
........
........
6.0
5.8
6.5
11.4
12.5
5.6
4.2
2.1
2.2
1.8
5.5

0.8
–5.6
–16.5
–2.9
–22.2
0.3
5.6
2.9
5.1
8.3
7.9
–1.5
–5.5
........
........
–21.7
–26.6
–9.3
–36.3
–40.3
–11.7
–3.4
–3.1
–4.0
–1.3
–3.6

1.0
–2.2
–6.6
–2.0
–8.7
–0.1
–2.7
–2.2
–2.1
–4.4
0.2
–2.4
–3.2
........
........
–12.7
–15.1
–7.6
–29.7
–34.0
–8.1
–2.5
0.1
–0.9
1.8
–4.1

–0.6
1.8
4.3
–0.5
6.6
0.7
–5.5
–4.7
–4.6
–11.4
–1.2
–2.3
–5.1
........
........
–0.1
2.2
–4.8
6.5
8.4
–0.9
–0.6
–2.1
–2.9
–0.5
0.5

0.0
2.5
5.2
–2.7
9.1
1.3
–4.7
–3.7
–3.9
–10.5
–2.1
–0.7
–2.8
........
........
4.9
5.2
4.2
14.5
17.1
4.4
1.2
0.6
0.5
0.9
1.5

1.2
2.8
3.3
1.5
4.2
2.5
–0.3
0.1
–0.5
–0.8
–3.8
3.3
3.0
........
........
6.5
6.6
6.1
13.0
14.2
7.5
2.0
2.2
2.3
2.2
1.9

1.3
1.4
1.1
–1.6
2.4
1.5
–0.8
–1.1
–1.5
1.5
–4.2
–0.3
0.6
........
........
3.9
4.2
3.3
6.4
7.5
1.2
4.8
5.5
5.6
5.4
4.3

1.9
0.5
–2.5
–2.4
–2.5
1.9
0.5
0.1
0.9
2.1
–0.2
1.4
–2.8
........
........
4.7
5.4
3.2
–1.8
–2.4
0.7
3.0
2.9
2.4
3.9
3.1

1.8
1.2
0.6
–2.5
2.2
1.5
0.7
0.5
0.6
2.1
1.0
–1.0
0.0
........
........
1.2
1.4
0.9
–2.2
–2.9
1.5
2.0
1.6
0.8
2.9
2.3

2.1
2.1
4.0
–1.9
6.9
1.2
2.1
1.8
1.6
2.5
1.0
1.9
2.3
........
........
9.7
12.7
3.4
9.6
10.4
5.9
2.9
2.3
2.2
2.3
3.3

1.6
3.0
6.0
–0.8
9.3
1.5
1.1
1.4
1.5
2.7
0.7
2.0
0.8
........
........
10.6
12.7
6.0
17.4
20.4
3.7
3.6
4.2
5.2
2.5
3.1

2.6
3.7
6.3
1.4
8.6
2.4
1.7
2.2
2.3
4.2
1.7
2.2
1.4
........
........
8.3
9.5
5.7
12.8
14.6
4.5
4.1
3.8
4.2
3.2
4.3

2.5
2.3
2.6
–0.6
4.1
2.2
1.0
1.1
1.3
3.7
0.7
0.5
0.1
........
........
2.3
1.9
3.2
–0.4
–0.3
–0.7
1.7
1.3
1.2
1.7
1.9

0.5
1.3
0.2
–2.2
1.3
2.0
0.7
0.7
0.9
2.7
1.0
–0.6
0.1
........
........
–4.0
–5.2
–1.0
–0.8
–0.3
–3.2
–0.5
–1.0
–1.6
0.0
–0.1

2.0
2.3
2.2
–0.7
3.5
2.3
1.4
1.5
2.1
0.9
2.1
2.7
–0.8
........
........
2.9
2.4
4.0
4.3
4.8
1.6
2.9
1.5
2.4
0.0
3.8

1.8
1.1
–1.2
–1.2
–1.1
2.2
1.6
1.5
1.5
1.9
0.4
2.9
1.4
........
........
0.6
–0.1
2.4
–3.7
–4.5
0.5
0.3
0.8
1.2
0.2
–0.1

2.3
1.7
1.3
–2.2
3.0
1.9
1.3
1.4
1.0
0.6
1.4
0.7
3.4
........
........
0.0
0.0
–0.1
–5.0
–5.9
–0.3
0.3
0.2
0.4
–0.2
0.4

1.1
1.6
0.7
–2.1
2.0
2.1
1.5
1.3
0.8
1.2
1.5
–0.6
4.0
.........
.........
1.5
1.1
2.5
4.1
4.5
2.3
1.4
0.6
0.8
0.1
1.9

1.3
1.1
–1.0
–1.1
–0.9
2.1
2.1
2.3
1.3
4.0
–0.3
1.9
6.3
........
........
1.4
1.2
2.0
0.5
0.6
–0.1
0.9
2.4
2.8
1.8
–0.1

0.7
0.0
–3.3
–2.0
–4.0
1.8
1.8
1.8
0.9
4.8
–0.5
0.2
5.7
........
........
–2.9
–4.1
0.0
–4.9
–5.7
–0.6
0.1
0.7
0.7
0.9
–0.3

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

2.9 0.4 1.1 –0.5
3.8 –3.6 –2.4 0.3
3.9 –3.9 –2.3 0.4
2.8 0.7 1.0 –0.6

0.1
1.3
1.4
0.0

1.2
2.2
2.3
1.2

1.3
1.8
1.7
1.8

1.8
1.0
0.9
1.8

1.8
1.3
1.3
1.8

2.0
2.3
2.2
2.1

1.7
2.8
2.9
1.6

2.7
3.5
3.6
2.7

2.5
2.0
2.0
2.4

0.5
0.9
0.9
0.5

2.0
2.3
2.3
2.0

1.7
1.0
1.0
1.7

2.3
1.4
1.4
2.3

1.1
1.6
1.5
1.1

1.4 0.8
1.2 0.3
1.2 0.3
1.3 .........

27
28
29
30

2.8 0.6 1.0 –0.7 –0.1
3.8 –3.7 –2.4 0.2 1.2
2.8 0.6 1.0 –0.6 –0.1

1.2
2.2
1.2

1.4
1.9
1.9

1.8
0.9
1.7

1.8
1.3
1.8

2.1
2.3
2.1

1.6
2.8
1.6

2.6
3.5
2.6

2.5
2.1
2.5

0.5
0.9
0.5

2.0
2.2
2.0

1.8
1.0
1.8

2.1
1.2
2.1

1.4
1.9
1.4

1.7 0.7
1.5 0.3
1.7 .........

31
32
33

See “Explanatory Note” at the end of the tables.

-47-

Table 4A. Price Indexes for Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line

2002

2003

2004 2005

2006

2007

2008

2009

2010

2011 2012

2007

2008

Line

I
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64

Gross domestic product (GDP)...........................................
Previously published...........................................................
Personal consumption expenditures.............................................
Previously published ......................................................................
Goods ............................................................................................
Previously published ..................................................................
Durable goods............................................................................
Previously published...............................................................
Nondurable goods......................................................................
Previously published...............................................................
Services .........................................................................................
Previously published ..................................................................
Gross private domestic investment ...............................................
Previously published ......................................................................
Fixed investment ............................................................................
Previously published ..................................................................
Nonresidential ............................................................................
Previously published...............................................................
Structures...............................................................................
Previously published...........................................................
Equipment ..............................................................................
Previously published * ........................................................
Intellectual property products .................................................
Previously published * ........................................................
Residential .................................................................................
Previously published...............................................................
Change in private inventories ........................................................
Net exports of goods and services................................................
Exports ..........................................................................................
Previously published ..................................................................
Goods.........................................................................................
Previously published...............................................................
Services .....................................................................................
Previously published...............................................................
Imports...........................................................................................
Previously published ..................................................................
Goods.........................................................................................
Previously published...............................................................
Services .....................................................................................
Previously published...............................................................
Government consumption expenditures and gross investment
Previously published ......................................................................
Federal...........................................................................................
Previously published ..................................................................
National defense ........................................................................
Previously published...............................................................
Nondefense................................................................................
Previously published...............................................................
State and local ...............................................................................
Previously published ..................................................................
Addenda:
Final sales of domestic product .....................................................
Previously published ..................................................................
Gross domestic purchases ............................................................
Previously published ..................................................................
Final sales to domestic purchasers ...............................................
Previously published ..................................................................
Gross national product (GNP) .......................................................
Previously published ..................................................................
Implicit price deflators:
GDP ...........................................................................................
Previously published...............................................................
Gross domestic purchases.........................................................
Previously published...............................................................
GNP ...........................................................................................
Previously published...............................................................

II

III

IV

I

II

1.5
1.6
1.3
1.4
–0.9
–1.0
–2.5
–2.6
0.0
–0.1
2.6
2.7
0.4
0.4
0.4
0.4
–0.4
–0.4
4.2
4.2
–2.0
.........
–1.0
.........
2.5
2.5
.........
.........
–0.5
–0.4
–0.7
–0.7
0.1
0.2
–1.1
–1.1
–1.8
–1.8
2.4
2.2
2.5
2.6
3.3
3.7
3.4
3.8
3.0
3.6
2.1
2.1

2.0
2.1
2.0
2.0
–0.1
–0.1
–3.6
–3.6
2.1
2.1
3.1
3.2
1.2
1.1
1.3
1.2
–0.2
–0.4
3.6
3.6
–1.7
.........
–0.2
.........
4.7
4.8
.........
.........
2.2
2.1
2.0
2.0
2.5
2.6
3.6
3.5
3.0
2.9
6.5
6.3
3.8
4.2
4.3
4.2
4.9
4.7
3.2
3.5
3.5
4.2

2.7
2.8
2.4
2.6
1.4
1.5
–1.9
–1.9
3.5
3.6
3.0
3.2
3.2
3.4
3.2
3.4
1.4
1.4
7.5
7.6
–0.2
..........
–0.1
..........
7.0
7.3
..........
..........
3.7
3.5
3.7
3.6
3.8
3.3
4.9
4.8
4.9
4.9
4.7
4.5
4.5
4.3
3.5
4.7
3.4
4.7
3.6
4.9
5.1
4.0

3.2
3.3
2.9
3.0
2.0
2.1
–1.0
–1.1
3.8
4.0
3.3
3.4
4.3
4.6
4.4
4.7
3.0
3.3
12.6
13.1
0.3
.........
0.9
.........
7.2
7.2
.........
.........
4.4
3.6
3.5
3.1
6.8
4.6
6.2
6.2
6.6
6.5
4.0
4.6
5.1
5.8
4.2
4.9
4.6
5.4
3.6
3.9
5.6
6.3

3.1
3.2
2.7
2.7
1.4
1.4
–1.6
–1.6
3.1
3.2
3.4
3.4
3.8
4.3
3.9
4.3
2.9
3.4
12.2
12.9
–0.3
..........
1.6
..........
5.8
6.1
..........
..........
3.6
3.4
3.5
3.3
3.7
3.7
4.2
4.1
4.3
4.2
3.5
3.8
4.4
4.8
3.3
4.1
3.5
4.4
2.8
3.5
5.0
5.3

2.7
2.9
2.5
2.7
1.1
1.3
–2.0
–2.0
2.9
3.2
3.2
3.4
1.9
1.9
1.9
1.9
2.1
2.1
6.1
6.1
0.3
.........
1.7
.........
1.3
1.4
.........
.........
3.4
3.3
3.4
3.4
3.5
3.3
3.7
3.5
3.6
3.5
4.1
3.8
4.4
4.8
3.0
3.5
3.1
3.7
2.9
3.2
5.2
5.5

1.9
2.2
3.1
3.3
3.0
3.1
–1.9
–1.9
5.6
5.7
3.1
3.4
1.0
1.1
1.0
1.2
1.8
2.0
4.8
4.9
0.1
..........
1.7
..........
–1.5
–1.2
..........
..........
4.6
4.7
4.9
5.0
4.0
4.1
10.5
10.6
11.4
11.6
6.0
5.8
4.3
4.9
3.0
3.2
3.3
3.6
2.6
2.3
5.1
5.9

0.8
0.9
–0.1
0.1
–2.3
–2.7
–1.7
–1.9
–2.6
–3.0
1.1
1.4
–1.0
–1.1
–1.0
–1.2
–0.3
–0.6
–2.2
–2.5
1.3
..........
–0.8
..........
–3.5
–3.4
..........
..........
–5.5
–5.4
–6.7
–6.8
–2.8
–2.3
–10.5
–10.6
–12.2
–12.4
–2.2
–2.0
–0.3
–0.6
–0.3
–0.2
–0.8
–0.7
0.7
0.9
–0.3
–0.8

1.2
1.3
1.7
1.9
1.6
1.7
–1.4
–1.3
3.1
3.2
1.7
2.0
–0.9
–1.3
–0.8
–1.2
–0.9
–1.5
–1.2
–1.1
–2.0
.........
0.5
.........
–0.4
–0.2
.........
.........
4.4
4.5
5.0
5.1
3.1
3.4
6.0
6.0
6.7
6.8
2.8
2.6
2.7
2.4
2.6
2.4
2.4
2.3
3.1
2.4
2.7
2.4

2.0
2.1
2.4
2.4
3.6
3.8
–1.0
–0.9
5.9
6.0
1.8
1.8
1.3
1.5
1.3
1.6
1.5
1.7
2.9
4.7
0.9
..........
1.2
..........
0.7
0.9
..........
..........
6.4
6.4
7.6
7.6
3.8
3.8
7.8
7.8
8.8
8.9
2.8
3.0
2.8
3.3
2.7
2.8
2.8
3.0
2.5
2.2
2.9
3.7

1.7
1.8
1.8
1.8
1.3
1.3
–1.2
–1.3
2.4
2.5
2.2
2.0
1.3
1.2
1.3
1.4
1.4
1.5
1.9
3.4
1.3
.........
1.4
.........
0.9
0.9
.........
.........
0.9
0.9
0.4
0.4
2.1
2.0
0.5
0.6
0.6
0.7
0.2
0.2
1.3
1.8
0.8
1.6
1.0
1.8
0.4
1.2
1.6
2.0

4.5
4.6
3.8
3.9
2.9
3.1
–2.0
–1.9
5.7
6.1
4.3
4.4
2.5
2.4
2.5
2.4
2.7
2.3
5.2
5.0
1.2
..........
3.0
..........
2.1
2.2
..........
..........
3.2
3.5
2.3
2.8
5.5
5.1
1.9
2.6
1.8
2.6
2.6
2.8
7.8
8.4
7.6
8.7
7.5
8.4
7.8
9.3
8.0
8.3

2.3
2.8
3.2
3.5
4.5
4.5
–1.8
–1.7
8.1
8.1
2.6
2.9
0.6
0.3
0.6
0.4
1.3
1.0
2.0
1.8
0.6
..........
1.9
..........
–1.1
–1.2
..........
..........
4.5
4.5
4.8
4.6
3.8
4.2
7.1
6.6
7.1
6.5
6.7
6.8
3.5
4.6
2.5
3.5
2.5
4.1
2.4
2.3
4.1
5.3

1.3
1.3
2.3
2.2
0.9
0.6
–2.6
–2.5
2.8
2.3
3.0
3.1
0.1
–0.1
0.1
–0.1
0.1
–0.1
3.6
3.3
–2.4
.........
1.0
.........
0.2
0.1
.........
.........
2.8
2.6
2.5
2.2
3.6
3.7
7.3
6.8
7.4
6.9
6.6
6.6
3.1
2.9
1.2
0.4
1.5
0.9
0.7
–0.6
4.3
4.4

1.7
1.9
4.1
4.2
5.0
5.3
–1.6
–1.5
8.7
9.1
3.6
3.7
0.4
0.4
0.2
0.4
0.3
0.4
5.0
4.8
–2.9
..........
1.0
..........
0.4
0.7
..........
..........
6.4
5.8
6.8
6.1
5.6
5.1
17.3
17.0
19.6
19.3
5.9
5.9
4.2
4.7
2.5
2.3
3.1
3.1
1.2
0.8
5.3
6.2

2.3
2.5
3.5
3.9
4.1
4.8
–1.2
–1.3
7.0
8.1
3.1
3.4
0.7
0.3
0.8
0.9
1.7
1.9
4.6
5.2
–0.7
.........
2.5
.........
–1.5
–1.6
.........
.........
6.3
7.8
6.7
8.9
5.5
5.4
14.3
16.8
16.0
19.2
5.7
5.1
6.6
7.9
6.5
7.5
6.4
7.5
6.6
7.6
6.8
8.2

1.8
2.5
4.2
4.5
4.9
4.8
–3.0
–2.7
9.0
8.8
3.9
4.4
0.8
1.2
0.9
1.4
1.7
2.2
3.6
3.9
0.0
..........
2.5
..........
–1.6
–1.1
..........
..........
11.4
10.7
14.5
13.3
4.0
4.7
22.4
21.0
24.3
22.7
12.8
12.6
5.1
6.6
3.3
4.1
4.2
5.3
1.7
1.5
6.2
8.1

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

1.5
1.6
1.4
1.4
1.4
1.4
1.5
1.6

2.0
2.1
2.2
2.3
2.2
2.3
2.0
2.1

2.7
2.8
2.9
3.0
2.9
3.0
2.7
2.8

3.2
3.3
3.5
3.7
3.5
3.7
3.2
3.3

3.1
3.2
3.2
3.4
3.2
3.4
3.1
3.2

2.7
2.9
2.7
2.9
2.7
3.0
2.7
2.9

1.9
2.2
3.0
3.2
2.9
3.3
1.9
2.2

0.8
0.9
–0.2
–0.2
–0.2
–0.2
0.8
0.9

1.2
1.3
1.5
1.6
1.5
1.6
1.3
1.3

2.0
2.1
2.3
2.5
2.3
2.5
2.0
2.1

1.8
1.8
1.7
1.7
1.7
1.7
1.7
1.8

4.5
4.7
4.3
4.5
4.3
4.5
4.5
4.7

2.3
2.8
2.8
3.2
2.8
3.2
2.3
2.8

1.3
1.3
2.1
2.0
2.1
2.0
1.3
1.3

1.7
1.9
3.5
3.7
3.5
3.7
1.7
1.9

2.3
2.6
3.6
4.1
3.6
4.2
2.3
2.5

1.8
2.5
3.9
4.5
3.9
4.5
1.8
2.5

51
52
53
54
55
56
57
58

1.5
1.6
1.4
1.5
1.5
1.6

2.0
2.1
2.2
2.3
2.0
2.1

2.7
2.8
2.9
3.0
2.7
2.8

3.2
3.3
3.5
3.7
3.2
3.3

3.1
3.2
3.2
3.3
3.1
3.2

2.7
2.9
2.7
3.0
2.7
2.9

2.0
2.2
3.0
3.3
2.0
2.2

0.8
0.9
–0.3
–0.2
0.8
0.9

1.2
1.3
1.5
1.6
1.3
1.3

2.0
2.1
2.3
2.5
2.0
2.1

1.7
1.8
1.6
1.7
1.7
1.8

4.5
4.7
4.3
4.5
4.6
4.7

2.2
2.8
2.7
3.2
2.2
2.7

1.4
1.3
2.1
2.1
1.4
1.3

1.8
1.9
3.6
3.8
1.8
1.9

2.3
2.4
3.6
4.0
2.3
2.4

2.0
2.7
4.0
4.6
2.0
2.7

59
60
61
62
63
64

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

-48-

Table 4A. Price Indexes for Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Table Ends
Seasonally adjusted at annual rates
Line

2008

2009

2010

2011

2012

2013 Line

III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64

Gross domestic product (GDP)...........................................
Previously published...........................................................
Personal consumption expenditures.............................................
Previously published ......................................................................
Goods ............................................................................................
Previously published ..................................................................
Durable goods............................................................................
Previously published...............................................................
Nondurable goods......................................................................
Previously published...............................................................
Services .........................................................................................
Previously published ..................................................................
Gross private domestic investment ...............................................
Previously published ......................................................................
Fixed investment ............................................................................
Previously published ..................................................................
Nonresidential ............................................................................
Previously published...............................................................
Structures...............................................................................
Previously published...........................................................
Equipment ..............................................................................
Previously published * ........................................................
Intellectual property products .................................................
Previously published * ........................................................
Residential .................................................................................
Previously published...............................................................
Change in private inventories ........................................................
Net exports of goods and services................................................
Exports ..........................................................................................
Previously published ..................................................................
Goods.........................................................................................
Previously published...............................................................
Services .....................................................................................
Previously published...............................................................
Imports...........................................................................................
Previously published ..................................................................
Goods.........................................................................................
Previously published...............................................................
Services .....................................................................................
Previously published...............................................................
Government consumption expenditures and gross investment
Previously published ......................................................................
Federal...........................................................................................
Previously published ..................................................................
National defense ........................................................................
Previously published...............................................................
Nondefense................................................................................
Previously published...............................................................
State and local ...............................................................................
Previously published ..................................................................
Addenda:
Final sales of domestic product .....................................................
Previously published ..................................................................
Gross domestic purchases ............................................................
Previously published ..................................................................
Final sales to domestic purchasers ...............................................
Previously published ..................................................................
Gross national product (GNP) .......................................................
Previously published ..................................................................
Implicit price deflators:
GDP ...........................................................................................
Previously published...............................................................
Gross domestic purchases.........................................................
Previously published...............................................................
GNP ...........................................................................................
Previously published...............................................................

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

2.8
3.1
4.1
4.3
6.9
7.0
–1.1
–1.1
10.9
11.1
2.8
3.0
2.0
2.4
2.9
3.3
4.7
5.1
7.3
7.7
4.8
........
1.9
........
–3.5
–2.8
........
........
6.0
6.0
5.8
5.7
6.5
6.7
11.4
10.6
12.5
11.6
5.6
5.5
4.2
4.2
2.1
1.7
2.2
2.0
1.8
1.1
5.5
5.7

0.8
0.5
–5.6
–5.6
–16.5
–17.8
–2.9
–3.5
–22.2
–23.8
0.3
1.2
5.6
6.9
2.9
2.9
5.1
5.3
8.3
8.2
7.9
........
–1.5
........
–5.5
–5.2
........
........
–21.7
–22.0
–26.6
–27.1
–9.3
–8.9
–36.3
–36.7
–40.3
–40.8
–11.7
–11.6
–3.4
–5.4
–3.1
–4.7
–4.0
–5.8
–1.3
–2.3
–3.6
–5.7

1.0
1.0
–2.2
–2.1
–6.6
–7.0
–2.0
–2.4
–8.7
–9.2
–0.1
0.3
–2.7
–2.8
–2.2
–2.3
–2.1
–2.2
–4.4
–5.4
0.2
........
–2.4
........
–3.2
–2.8
........
........
–12.7
–11.9
–15.1
–14.4
–7.6
–6.9
–29.7
–28.8
–34.0
–33.1
–8.1
–7.0
–2.5
–2.6
0.1
0.8
–0.9
–0.2
1.8
3.1
–4.1
–4.7

–0.6
–0.8
1.8
1.6
4.3
4.3
–0.5
–0.3
6.6
6.5
0.7
0.4
–5.5
–6.4
–4.7
–5.4
–4.6
–5.3
–11.4
–12.1
–1.2
........
–2.3
........
–5.1
–5.9
........
........
–0.1
–0.1
2.2
2.1
–4.8
–4.5
6.5
6.4
8.4
8.3
–0.9
–0.9
–0.6
–0.5
–2.1
–1.7
–2.9
–2.2
–0.5
–0.6
0.5
0.2

0.0
0.5
2.5
3.1
5.2
5.7
–2.7
–2.6
9.1
9.9
1.3
1.8
–4.7
–5.7
–3.7
–4.3
–3.9
–4.6
–10.5
–9.9
–2.1
........
–0.7
........
–2.8
–3.0
........
........
4.9
5.0
5.2
5.1
4.2
4.7
14.5
13.3
17.1
15.7
4.4
3.9
1.2
1.5
0.6
1.5
0.5
1.2
0.9
2.3
1.5
1.5

1.2
1.3
2.8
3.1
3.3
3.1
1.5
1.0
4.2
4.1
2.5
3.0
–0.3
–1.3
0.1
–0.8
–0.5
–1.9
–0.8
–1.4
–3.8
........
3.3
........
3.0
3.4
........
........
6.5
5.7
6.6
5.4
6.1
6.4
13.0
12.4
14.2
13.6
7.5
7.2
2.0
2.1
2.2
2.2
2.3
2.3
2.2
2.1
1.9
2.0

1.3
1.5
1.4
1.8
1.1
1.3
–1.6
–1.5
2.4
2.6
1.5
2.1
–0.8
–1.2
–1.1
–1.6
–1.5
–2.0
1.5
1.2
–4.2
.........
–0.3
.........
0.6
0.0
.........
.........
3.9
4.9
4.2
5.5
3.3
3.8
6.4
7.9
7.5
9.5
1.2
1.0
4.8
4.7
5.5
5.5
5.6
5.9
5.4
4.9
4.3
4.2

1.9
1.7
0.5
0.6
–2.5
–2.8
–2.4
–2.0
–2.5
–3.2
1.9
2.3
0.5
0.4
0.1
–0.1
0.9
0.4
2.1
2.4
–0.2
.........
1.4
.........
–2.8
–2.0
.........
.........
4.7
5.0
5.4
5.5
3.2
3.9
–1.8
–2.1
–2.4
–2.8
0.7
0.8
3.0
1.2
2.9
1.1
2.4
1.0
3.9
1.5
3.1
1.3

1.8
2.0
1.2
1.3
0.6
1.0
–2.5
–2.3
2.2
2.6
1.5
1.4
0.7
1.3
0.5
1.1
0.6
1.1
2.1
2.6
1.0
........
–1.0
........
0.0
1.4
........
........
1.2
0.9
1.4
1.0
0.9
0.8
–2.2
–3.1
–2.9
–3.8
1.5
0.8
2.0
1.7
1.6
1.2
0.8
0.9
2.9
1.7
2.3
2.0

2.1
2.1
2.1
2.2
4.0
4.0
–1.9
–2.1
6.9
7.0
1.2
1.3
2.1
2.1
1.8
1.6
1.6
1.5
2.5
3.7
1.0
........
1.9
........
2.3
2.4
........
........
9.7
9.6
12.7
12.6
3.4
3.0
9.6
10.1
10.4
10.9
5.9
6.0
2.9
3.6
2.3
2.3
2.2
2.8
2.3
1.2
3.3
4.6

1.6
2.0
3.0
3.2
6.0
6.6
–0.8
–0.5
9.3
10.1
1.5
1.6
1.1
1.3
1.4
1.4
1.5
1.9
2.7
5.1
0.7
........
2.0
........
0.8
–0.6
........
........
10.6
11.1
12.7
13.3
6.0
5.9
17.4
18.6
20.4
21.7
3.7
4.5
3.6
5.2
4.2
4.9
5.2
6.1
2.5
2.8
3.1
5.3

2.6
2.6
3.7
3.6
6.3
5.9
1.4
1.6
8.6
8.0
2.4
2.4
1.7
1.9
2.2
2.5
2.3
2.6
4.2
6.7
1.7
........
2.2
........
1.4
1.7
........
........
8.3
8.4
9.5
9.4
5.7
5.9
12.8
12.8
14.6
14.3
4.5
5.1
4.1
4.1
3.8
3.6
4.2
3.3
3.2
4.2
4.3
4.4

2.5
3.0
2.3
2.3
2.6
3.0
–0.6
–0.6
4.1
4.7
2.2
2.0
1.0
1.6
1.1
1.8
1.3
1.9
3.7
5.7
0.7
........
0.5
........
0.1
1.4
........
........
2.3
1.7
1.9
1.2
3.2
2.9
–0.4
–1.9
–0.3
–2.0
–0.7
–1.3
1.7
2.4
1.3
2.2
1.2
2.3
1.7
2.1
1.9
2.6

0.5
0.4
1.3
1.1
0.2
–0.2
–2.2
–2.5
1.3
0.8
2.0
1.7
0.7
1.2
0.7
1.4
0.9
1.5
2.7
4.5
1.0
........
–0.6
........
0.1
0.6
........
........
–4.0
–3.8
–5.2
–4.8
–1.0
–1.3
–0.8
0.0
–0.3
0.6
–3.2
–3.1
–0.5
0.0
–1.0
–0.9
–1.6
–0.9
0.0
–0.8
–0.1
0.6

2.0
2.0
2.3
2.5
2.2
2.5
–0.7
–1.0
3.5
4.2
2.3
2.5
1.4
1.0
1.5
1.2
2.1
1.8
0.9
2.7
2.1
........
2.7
........
–0.8
–1.4
........
........
2.9
2.8
2.4
2.4
4.0
3.8
4.3
5.6
4.8
6.4
1.6
1.7
2.9
3.6
1.5
3.2
2.4
4.2
0.0
1.2
3.8
3.8

1.8
1.6
1.1
0.7
–1.2
–1.8
–1.2
–1.2
–1.1
–2.2
2.2
2.0
1.6
1.3
1.5
1.2
1.5
1.2
1.9
3.2
0.4
.........
2.9
.........
1.4
1.2
.........
.........
0.6
0.5
–0.1
–0.4
2.4
2.6
–3.7
–3.9
–4.5
–4.8
0.5
1.0
0.3
0.6
0.8
1.2
1.2
0.9
0.2
2.0
–0.1
0.1

2.3
2.7
1.7
1.6
1.3
1.9
–2.2
–2.3
3.0
4.0
1.9
1.4
1.3
0.6
1.4
1.3
1.0
0.8
0.6
1.0
1.4
.........
0.7
.........
3.4
3.3
.........
.........
0.0
0.0
0.0
0.1
–0.1
–0.4
–5.0
–6.5
–5.9
–7.5
–0.3
–0.9
0.3
1.4
0.2
0.9
0.4
0.9
–0.2
1.0
0.4
1.6

1.1
1.0
1.6
1.6
0.7
1.1
–2.1
–2.0
2.0
2.6
2.1
1.9
1.5
1.5
1.3
1.5
0.8
1.2
1.2
1.4
1.5
........
–0.6
........
4.0
3.0
........
........
1.5
1.5
1.1
1.2
2.5
2.3
4.1
5.3
4.5
5.8
2.3
2.5
1.4
1.6
0.6
1.6
0.8
1.9
0.1
0.8
1.9
1.6

1.3
1.2
1.1
1.0
–1.0
–0.9
–1.1
–1.1
–0.9
–0.8
2.1
2.0
2.1
1.9
2.3
2.0
1.3
0.9
4.0
2.9
–0.3
........
1.9
........
6.3
6.7
........
........
1.4
1.4
1.2
1.2
2.0
1.9
0.5
1.5
0.6
1.7
–0.1
0.4
0.9
1.7
2.4
2.5
2.8
3.1
1.8
1.4
–0.1
1.2

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

2.9
3.2
3.8
4.0
3.9
4.1
2.8
3.1

0.4
0.0
–3.6
–4.0
–3.9
–4.4
0.7
0.4

1.1
1.1
–2.4
–2.4
–2.3
–2.3
1.0
1.0

–0.5
–0.7
0.3
0.2
0.4
0.3
–0.6
–0.7

0.1
0.7
1.3
1.7
1.4
1.8
0.0
0.5

1.2
1.4
2.2
2.4
2.3
2.4
1.2
1.3

1.3
1.5
1.8
2.1
1.7
2.0
1.8
1.5

1.8
1.6
1.0
0.7
0.9
0.6
1.8
1.6

1.8
2.0
1.3
1.4
1.3
1.4
1.8
2.0

2.0
2.1
2.3
2.5
2.2
2.4
2.1
2.1

1.7
2.0
2.8
3.4
2.9
3.4
1.6
2.0

2.7
2.7
3.5
3.5
3.6
3.5
2.7
2.6

2.5
3.0
2.0
2.3
2.0
2.3
2.4
2.9

0.5
0.4
0.9
0.9
0.9
0.9
0.5
0.4

2.0
2.0
2.3
2.5
2.3
2.5
2.0
2.0

1.7
1.5
1.0
0.7
1.0
0.7
1.7
1.5

2.3
2.8
1.4
1.4
1.4
1.5
2.3
2.6

1.1
1.0
1.6
1.6
1.5
1.6
1.1
1.0

1.4
1.2
1.2
1.2
1.2
1.3
1.3
1.2

51
52
53
54
55
56
57
58

2.8 0.6 1.0 –0.7 –0.1
3.2 0.5 0.9 –0.8 0.5
3.8 –3.7 –2.4 0.2 1.2
4.1 –4.0 –2.5 0.2 1.7
2.8 0.6 1.0 –0.6 –0.1
3.2 0.4 0.9 –0.8 0.5

1.2
1.2
2.2
2.3
1.2
1.2

1.4
1.6
1.9
2.1
1.9
1.5

1.8
1.8
0.9
0.8
1.7
1.8

1.8
1.9
1.3
1.3
1.8
1.9

2.1
2.0
2.3
2.3
2.1
2.0

1.6
2.1
2.8
3.5
1.6
2.1

2.6
2.6
3.5
3.5
2.6
2.7

2.5
3.0
2.1
2.3
2.5
3.0

0.5
0.1
0.9
0.6
0.5
0.2

2.0
2.2
2.2
2.7
2.0
2.2

1.8
1.5
1.0
0.7
1.8
1.5

2.1
2.7
1.2
1.5
2.1
2.7

1.4
1.0
1.9
1.6
1.4
1.0

1.7
1.3
1.5
1.3
1.7
1.3

59
60
61
62
63
64

* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.

-49-

Table 5. Real Gross Domestic Product, Quantity Indexes—Continues
[Index numbers, 2009=100]
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Gross domestic product .......................
89.539
92.038
95.534
98.735
101.368
103.182
102.883
100.000
102.507
104.400
107.302
Personal consumption expenditures..................
87.376
90.076
93.525
96.798
99.715
101.957
101.588
100.000
101.960
104.555
106.854
Goods .................................................................
86.610
90.808
95.419
99.335
102.942
105.731
103.106
100.000
103.446
106.925
110.495
Durable goods.................................................
83.707
89.673
97.030
102.309
106.667
111.565
105.855
100.000
106.092
113.074
121.833
Nondurable goods...........................................
88.781
91.882
94.875
98.033
101.243
102.952
101.818
100.000
102.226
104.177
105.594
Services ..............................................................
87.892
89.783
92.620
95.559
98.123
100.089
100.845
100.000
101.244
103.411
105.090
Gross private domestic investment ....................
118.110
122.926
133.716
142.302
145.361
140.787
127.574
100.000
112.901
118.449
129.705
Fixed investment .................................................
108.662
113.023
120.644
128.892
131.436
128.825
120.087
100.000
101.504
107.844
116.766
Nonresidential .................................................
91.708
93.428
98.281
105.143
112.618
119.282
118.428
100.000
102.471
110.225
118.263
Structures....................................................
98.708
94.895
94.502
96.125
103.030
116.164
123.271
100.000
83.585
85.360
96.212
Equipment ...................................................
102.129
105.388
113.483
124.413
135.152
139.426
129.766
100.000
115.892
130.639
140.604
Intellectual property products ......................
77.309
80.261
84.384
89.849
93.926
98.445
101.430
100.000
101.887
106.388
109.962
Residential ......................................................
174.043
189.815
208.773
222.467
205.631
166.934
126.886
100.000
97.496
97.964
110.581
Change in private inventories ............................. ................... .................. ................... ................... .................. ................... .................. ................... .................. ................... ...................
Exports of goods and services ...........................
74.385
75.591
82.667
87.662
95.493
104.010
109.979
100.000
111.476
119.367
123.590
Imports of goods and services ...........................
89.219
93.056
103.297
109.591
116.326
118.970
115.825
100.000
112.759
118.239
120.860
Government consumption expenditures and gross investment ..............................................
87.591
89.485
90.907
91.489
92.884
94.345
96.946
100.000
100.074
96.868
95.921
Federal................................................................
74.801
79.902
83.529
84.982
87.123
88.586
94.631
100.000
104.350
101.660
100.212
State and local ....................................................
96.312
95.933
95.798
95.774
96.657
98.115
98.452
100.000
97.293
93.751
93.128
Addenda:
Final sales of domestic product ..........................
88.496
90.954
94.077
97.286
99.850
101.879
102.083
100.000
101.045
103.082
105.751
Gross domestic purchases .................................
91.289
94.105
98.103
101.527
104.150
105.339
103.929
100.000
102.933
104.666
107.374
Final sales to domestic purchasers ....................
90.263
93.036
96.664
100.094
102.651
104.055
103.143
100.000
101.507
103.381
105.866
Gross national product........................................
89.054
91.673
95.289
98.460
100.864
103.053
103.047
100.000
102.756
104.954
107.744

Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

Seasonally adjusted
Line

2007
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

Gross domestic product ....................... 102.151
Personal consumption expenditures.................. 101.465
Goods ................................................................. 105.160
Durable goods................................................. 109.647
Nondurable goods........................................... 103.055
Services ..............................................................
99.636
Gross private domestic investment .................... 140.488
Fixed investment ................................................. 129.250
Nonresidential ................................................. 116.145
Structures.................................................... 108.358
Equipment ................................................... 137.530
Intellectual property products ......................
97.481
Residential ...................................................... 181.305
Change in private inventories ............................. ..............
Exports of goods and services ........................... 100.171
Imports of goods and services ........................... 119.019
Government consumption expenditures and gross investment ..............................................
93.320
Federal................................................................
86.601
State and local ....................................................
97.733
Addenda:
Final sales of domestic product .......................... 100.960
Gross domestic purchases ................................. 104.763
Final sales to domestic purchasers .................... 103.584
Gross national product........................................ 101.637

2008

2009

II

III

IV

I

II

III

IV

102.938
101.803
105.561
111.231
102.851
99.943
142.414
129.582
118.427
114.229
139.101
97.817
174.048
..............
101.931
119.480

103.631
102.206
106.062
112.467
102.991
100.299
141.531
128.795
120.263
119.576
139.830
98.216
162.957
..............
105.521
119.555

104.010
102.353
106.143
112.913
102.910
100.478
138.714
127.674
122.292
122.495
141.244
100.266
149.424
..............
108.415
117.827

103.311
102.145
104.699
109.691
102.346
100.890
134.043
125.344
122.325
123.001
139.587
101.871
137.673
..............
109.780
118.920

103.823
102.337
105.063
109.350
103.063
100.994
131.655
123.581
121.620
124.993
136.058
102.250
131.637
..............
112.920
117.830

103.309
101.532
103.068
105.999
101.703
100.785
127.989
119.670
118.337
124.070
129.071
101.315
125.151
..............
111.934
115.649

101.087
100.338
99.595
98.381
100.158
100.711
116.608
111.754
111.429
121.019
114.348
100.286
113.085
..............
105.281
110.904

94.106
87.969
98.128

94.787
89.644
98.146

95.167
90.130
98.455

95.562
91.582
98.153

96.306
93.265
98.282

97.639
96.006
98.700

98.278
97.672
98.673

101.530
105.401
104.012
102.569

102.220
105.692
104.304
103.655

102.807
105.498
104.319
104.349

102.401
104.834
103.938
103.548

102.974
104.809
103.976
104.066

102.393
104.088
103.193
103.663

See “Explanatory Note” at the end of the tables.

-50-

I

II

2010
III

IV

Line

I

II

101.247
100.736
101.517
102.135
101.218
100.359
107.177
98.629
98.874
82.081
108.280
101.213
97.635
..............
107.360
106.980

102.220
101.548
102.801
105.177
101.699
100.944
112.714
101.832
101.581
84.399
114.099
100.692
102.871
..............
109.815
112.023

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

98.428 100.224 100.774 100.574 99.844 100.554
96.915 100.097 101.468 101.520 102.472 104.577
99.414 100.305 100.322 99.959 98.135 97.937

17
18
19

99.682 99.577 99.893 100.848
100.007 99.579 100.201 100.213
99.698 99.013 100.764 100.524
98.563 97.972 102.662 100.804
100.231 99.506 99.879 100.384
100.163 99.852 99.925 100.060
103.171 96.935 96.090 103.804
103.139 99.273 99.148 98.440
103.357 100.033 98.753 97.856
111.925 103.434 96.435 88.206
101.488 98.028 99.308 101.175
98.669 99.724 99.994 101.613
102.224 96.102 100.801 100.873
.............. .............. .............. ..............
96.906 97.078 100.306 105.709
100.296 96.033 99.649 104.021

100.564 99.718
101.983 100.070
101.466 100.101
100.913 99.521

99.874 100.273 100.135 100.129 100.829
99.377 99.809 100.744 101.359 102.736
99.668 100.178 100.052 100.272 101.379
99.394 100.026 101.060 101.494 102.471

20
21
22
23

Table 5. Real Gross Domestic Product, Quantity Indexes—Table Ends
[Index numbers, 2009=100]
Seasonally adjusted
Line

2010
III

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

2011
IV

I

II

2012
III

IV

I

II

2013
III

IV

I

Line
II

Gross domestic product .......................
102.923
103.638
103.302
104.115
104.468
105.716
106.683
107.003
107.741
107.780
108.087
108.536
Personal consumption expenditures..................
102.243
103.313
103.844
104.226
104.765
105.386
106.145
106.643
107.092
107.537
108.138
108.615
Goods .................................................................
103.773
105.691
106.391
106.446
106.777
108.084
109.298
109.889
110.888
111.904
112.928
113.886
Durable goods.................................................
106.884
110.172
111.631
111.402
112.812
116.453
119.195
120.060
122.484
125.591
127.379
129.401
Nondurable goods...........................................
102.338
103.647
104.020
104.199
104.077
104.409
104.988
105.463
105.877
106.047
106.762
107.290
Services ..............................................................
101.507
102.168
102.615
103.155
103.795
104.079
104.616
105.070
105.252
105.421
105.818
106.065
Gross private domestic investment ....................
116.378
115.336
113.109
116.932
117.663
126.092
129.269
128.745
130.795
130.012
131.521
134.380
Fixed investment .................................................
101.733
103.823
103.705
105.863
109.581
112.228
114.569
115.904
116.675
119.914
119.467
121.301
Nonresidential .................................................
103.632
105.794
105.552
108.075
112.340
114.931
116.551
117.847
117.938
120.717
119.318
120.663
Structures....................................................
83.146
84.712
77.532
83.372
88.755
91.781
93.345
94.922
96.299
100.282
93.090
94.639
Equipment ...................................................
118.912
122.277
125.802
127.148
133.165
136.442
139.204
140.999
139.602
142.609
143.175
144.612
Intellectual property products ......................
102.189
103.455
104.401
105.646
107.024
108.479
108.830
109.326
110.072
111.617
112.648
113.712
Residential ......................................................
93.845
95.635
96.044
96.684
98.125
101.001
106.359
107.854
111.476
116.635
120.123
123.958
Change in private inventories ............................. ................. ................. ................. ................ ................. ................. ................. ................. ................. ................. ................. .................
Exports of goods and services ...........................
112.699
116.031
117.105
118.504
120.525
121.336
122.576
123.738
123.851
124.196
123.781
125.414
Imports of goods and services ...........................
115.880
116.152
116.966
117.166
118.563
120.263
120.475
121.207
121.358
120.398
120.584
123.362
Government consumption expenditures and gross investment ..............................................
100.468
99.431
97.506
97.194
96.573
96.198
95.863
95.933
96.752
95.135
94.117
94.021
Federal................................................................
105.531
104.819
101.961
102.407
101.534
100.738
100.115
100.065
102.212
98.455
96.315
95.947
State and local ....................................................
97.173
95.928
94.608
93.805
93.348
93.246
93.096
93.243
93.207
92.966
92.672
92.751
Addenda:
Final sales of domestic product ..........................
101.049
102.172
102.103
102.721
103.482
104.022
104.898
105.460
106.038
106.610
106.666
107.000
Gross domestic purchases .................................
103.635
104.000
103.672
104.331
104.647
106.012
106.835
107.118
107.841
107.702
108.073
108.722
Final sales to domestic purchasers ....................
101.807
102.571
102.503
102.973
103.685
104.362
105.099
105.617
106.185
106.565
106.691
107.227
Gross national product........................................
103.127
103.932
103.804
104.603
105.089
106.321
107.107
107.491
108.143
108.237
108.408 .................

See “Explanatory Note” at the end of the tables.

-51-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

Table 6. Price Indexes for Gross Domestic Product—Continues
[Index numbers, 2009=100]
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Gross domestic product .......................
85.055
86.754
89.130
91.989
94.816
97.338
99.208
100.000
101.215
103.203
105.008
Personal consumption expenditures (PCE) .......
85.872
87.573
89.703
92.260
94.728
97.099
100.063
100.000
101.654
104.086
106.009
Goods .................................................................
93.806
93.703
95.030
96.951
98.277
99.403
102.362
100.000
101.637
105.345
106.666
Durable goods.................................................
115.034
110.885
108.752
107.669
105.915
103.764
101.758
100.000
98.622
97.649
96.467
Nondurable goods...........................................
83.538
85.264
88.214
91.592
94.438
97.214
102.653
100.000
103.085
109.128
111.765
Services ..............................................................
81.964
84.531
87.056
89.930
92.974
95.977
98.943
100.000
101.663
103.463
105.689
Gross private domestic investment ....................
86.783
87.841
90.646
94.544
98.180
100.001
101.028
100.000
99.109
100.364
101.646
Fixed investment .................................................
86.614
87.734
90.546
94.507
98.167
99.988
100.996
100.000
99.180
100.506
101.852
Nonresidential .................................................
90.047
89.885
91.141
93.830
96.561
98.574
100.337
100.000
99.070
100.524
101.977
Structures....................................................
65.404
67.774
72.879
82.056
92.048
97.620
102.259
100.000
98.844
101.748
103.732
Equipment ...................................................
100.246
98.520
98.360
98.639
98.317
98.602
98.691
100.000
98.009
98.928
100.187
Intellectual property products ......................
95.408
95.193
95.110
95.987
97.509
99.181
100.827
100.000
100.541
101.789
103.169
Residential ......................................................
81.679
85.549
91.546
98.103
103.821
105.176
103.647
100.000
99.645
100.392
101.246
Change in private inventories ............................. ................... .................. ................... ................... .................. ................... .................. ................... .................. ................... ...................
Exports of goods and services ...........................
85.281
87.151
90.364
94.379
97.759
101.119
105.815
100.000
104.415
111.140
112.185
Imports of goods and services ...........................
81.098
83.984
88.084
93.560
97.491
101.050
111.695
100.000
106.008
114.273
114.862
Government consumption expenditures and gross investment ..............................................
77.426
80.341
83.947
88.235
92.086
96.140
100.282
100.000
102.673
105.560
106.882
Federal................................................................
81.310
84.773
87.736
91.449
94.448
97.319
100.286
100.000
102.614
105.344
106.184
State and local ....................................................
75.143
77.761
81.719
86.333
90.677
95.426
100.279
100.000
102.714
105.710
107.371
Addenda:
PCE excluding food and energy 1 .......................
87.749
89.048
90.751
92.710
94.785
96.829
98.824
100.000
101.287
102.743
104.632
Market-based PCE 2 ...........................................
85.441
87.097
89.145
91.611
94.084
96.390
99.630
100.000
101.497
104.034
105.920
Market-based PCE excluding food and energy 2
87.525
88.712
90.254
92.017
94.038
95.957
98.129
100.000
101.047
102.480
104.320
Final sales of domestic product ..........................
85.042
86.753
89.130
91.995
94.824
97.349
99.216
100.000
101.217
103.217
105.033
Gross domestic purchases .................................
84.359
86.196
88.729
91.850
94.782
97.370
100.243
100.000
101.528
103.884
105.599
Final sales to domestic purchasers ....................
84.339
86.187
88.721
91.850
94.784
97.375
100.244
100.000
101.528
103.898
105.624
Gross national product........................................
85.029
86.730
89.105
91.966
94.794
97.318
99.201
100.000
101.326
103.327
105.131
Implicit price deflators:
Gross domestic product ..................................
85.054
86.754
89.132
91.991
94.818
97.335
99.236
100.000
101.211
103.199
105.002
Final sales of domestic product.......................
85.041
86.753
89.130
91.995
94.824
97.349
99.215
100.000
101.216
103.217
105.033
Gross domestic purchases..............................
84.358
86.195
88.731
91.852
94.784
97.368
100.270
100.000
101.523
103.880
105.594
Final sales to domestic purchasers.................
84.338
86.187
88.721
91.850
94.784
97.375
100.244
100.000
101.528
103.898
105.624
Gross national product....................................
85.028
86.729
89.107
91.968
94.796
97.315
99.229
100.000
101.321
103.322
105.126

1. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.
2. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment)

Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

and the final consumption expenditures of nonprofit institutions serving households. Percentage changes for these series are included in the addenda to table 8 and appendix table A.
See “Explanatory Note” at the end of the tables.

-52-

Table 6. Price Indexes for Gross Domestic Product—Continues
[Index numbers, 2009=100]
Seasonally adjusted
Line

2007
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

Gross domestic product .......................
96.657
Personal consumption expenditures (PCE) .......
96.011
Goods .................................................................
98.173
Durable goods................................................. 104.560
Nondurable goods...........................................
94.963
Services ..............................................................
94.959
Gross private domestic investment ....................
99.855
Fixed investment .................................................
99.844
Nonresidential .................................................
98.304
Structures....................................................
96.536
Equipment ...................................................
98.975
Intellectual property products ......................
98.646
Residential ...................................................... 105.339
Change in private inventories ............................. ..............
Exports of goods and services ...........................
99.543
Imports of goods and services ...........................
97.872
Government consumption expenditures and gross investment ..............................................
94.903
Federal................................................................
96.572
State and local ....................................................
93.900
Addenda:
PCE excluding food and energy 1 .......................
96.177
Market-based PCE 2 ...........................................
95.262
Market-based PCE excluding food and energy 2
95.322
Final sales of domestic product ..........................
96.668
Gross domestic purchases .................................
96.412
Final sales to domestic purchasers ....................
96.416
Gross national product........................................
96.636
Implicit price deflators:
Gross domestic product ..................................
96.652
Final sales of domestic product.......................
96.664
Gross domestic purchases..............................
96.408
Final sales to domestic purchasers.................
96.414
Gross national product....................................
96.629

2008

2009

2010

Line

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

97.212
96.772
99.253
104.090
96.824
95.559
100.008
100.002
98.621
97.007
99.111
99.110
105.061
..............
100.654
99.557

97.533
97.320
99.479
103.408
97.506
96.271
100.024
100.024
98.649
97.868
98.515
99.365
105.104
..............
101.347
101.323

97.948
98.294
100.708
102.999
99.564
97.119
100.116
100.084
98.722
99.067
97.805
99.601
105.201
..............
102.932
105.448

98.497
99.136
101.735
102.678
101.258
97.871
100.282
100.293
99.139
100.183
97.645
100.225
104.797
..............
104.510
109.026

98.930
100.172
102.949
101.892
103.455
98.823
100.475
100.518
99.559
101.062
97.645
100.838
104.365
..............
107.358
114.682

99.605
101.195
104.684
101.610
106.172
99.496
100.983
101.227
100.697
102.859
98.793
101.317
103.439
..............
108.934
117.819

99.799
99.748
100.081
100.853
99.727
99.582
102.371
101.944
101.952
104.931
100.682
100.927
101.985
..............
102.457
105.253

100.047
99.184
98.386
100.346
97.471
99.564
101.684
101.367
101.425
103.757
100.739
100.315
101.153
..............
99.035
96.389

99.891
99.627
99.422
100.216
99.042
99.726
100.262
100.158
100.236
100.651
100.433
99.740
99.837
..............
98.998
97.913

99.883
100.252
100.687
99.539
101.224
100.045
99.058
99.220
99.237
97.895
99.897
99.564
99.141
..............
100.194
101.281

100.179
100.938
101.505
99.899
102.262
100.665
98.996
99.255
99.102
97.696
98.931
100.382
99.868
..............
101.773
104.417

100.509
101.282
101.786
99.506
102.868
101.038
98.798
98.987
98.735
98.050
97.875
100.295
100.027
..............
102.749
106.052

100.972
101.398
101.147
98.902
102.216
101.521
98.932
99.024
98.953
98.554
97.817
100.636
99.328
..............
103.940
105.567

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

95.721
97.169
94.847

96.465
97.470
95.851

97.473
98.064
97.106

99.054 100.290 101.324 100.460 99.833
99.611 100.430 100.941 100.161 100.178
98.708 100.201 101.562 100.647 99.610

99.695 99.984 100.488 101.667 102.422
99.651 99.809 100.362 101.719 102.452
99.722 100.098 100.570 101.629 102.399

17
18
19

96.514
96.095
95.681
97.225
97.079
97.085
97.192

96.987
96.576
96.066
97.547
97.576
97.583
97.513

97.640
97.627
96.760
97.955
98.415
98.416
97.932

98.203 98.697 99.145 99.251 99.368
98.544 99.633 100.877 99.465 99.134
97.368 97.842 98.461 98.845 99.339
98.509 98.946 99.655 99.753 100.015
99.295 100.238 101.178 100.259 99.650
99.301 100.246 101.218 100.211 99.622
98.483 98.924 99.605 99.789 100.042

99.850
99.643
99.903
99.881
99.720
99.712
99.890

100.911
101.195
100.752
100.525
101.036
101.050
100.627

101.179
101.237
100.957
100.975
101.285
101.287
101.081

20
21
22
23
24
25
26

97.190
97.221
97.060
97.083
97.168

97.526
97.544
97.570
97.581
97.504

97.959
97.954
98.425
98.415
97.941

98.507 98.984 99.659 99.808 100.064
98.510 98.949 99.658 99.756 100.017
99.304 100.288 101.228 100.266 99.664
99.301 100.248 101.220 100.213 99.623
98.493 98.978 99.660 99.799 100.058

99.897 99.874 100.164 100.513
99.882 99.898 100.204 100.522
99.724 100.031 100.575 101.040
99.712 100.053 100.611 101.048
99.896 99.877 100.167 100.630

100.958
100.972
101.272
101.284
101.067

27
28
29
30
31

1. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.
2. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment)

100.129
100.315
100.183
99.898
100.040
100.053
99.886

100.653
100.909
100.576
100.205
100.590
100.613
100.182

and the final consumption expenditures of nonprofit institutions serving households. Percentage changes for these series are included in the addenda to table 8 and appendix table A.
See “Explanatory Note” at the end of the tables.

-53-

Table 6. Price Indexes for Gross Domestic Product—Table Ends
[Index numbers, 2009=100]
Seasonally adjusted
Line

2010
III

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

2011
IV

I

II

2012
III

IV

I

II

2013
III

IV

I

Line
II

Gross domestic product .......................
101.432
101.948
102.354
103.024
103.651
103.782
104.296
104.751
105.345
105.640
105.994
106.192
Personal consumption expenditures (PCE) .......
101.698
102.239
102.996
103.938
104.529
104.880
105.471
105.750
106.193
106.622
106.909
106.918
Goods .................................................................
101.307
102.308
103.804
105.395
106.068
106.112
106.681
106.366
106.718
106.900
106.641
105.737
Durable goods.................................................
98.275
97.803
97.606
97.947
97.797
97.248
97.087
96.791
96.246
95.746
95.487
95.015
Nondurable goods...........................................
102.763
104.492
106.833
109.050
110.138
110.491
111.448
111.127
111.964
112.522
112.264
111.122
Services ..............................................................
101.890
102.204
102.596
103.217
103.768
104.271
104.872
105.450
105.939
106.493
107.060
107.539
Gross private domestic investment ....................
99.100
99.608
99.869
100.300
100.559
100.727
101.085
101.482
101.820
102.196
102.726
103.174
Fixed investment .................................................
99.138
99.571
99.922
100.463
100.730
100.911
101.298
101.679
102.045
102.386
102.967
103.429
Nonresidential .................................................
99.095
99.496
99.875
100.456
100.774
100.990
101.506
101.897
102.157
102.350
102.692
102.911
Structures....................................................
99.077
99.693
100.347
101.375
102.293
102.975
103.206
103.703
103.856
104.164
105.189
106.434
Equipment ...................................................
98.049
98.293
98.464
98.874
99.058
99.317
99.837
99.940
100.300
100.673
100.601
100.483
Intellectual property products ......................
100.381
100.851
101.354
101.904
102.029
101.868
102.560
103.304
103.486
103.325
103.816
103.859
Residential ......................................................
99.325
99.898
100.108
100.461
100.489
100.509
100.315
100.664
101.505
102.500
104.088
105.546
Change in private inventories ............................. ................. ................. ................. ................ ................. ................. ................. ................. ................. ................. ................. .................
Exports of goods and services ...........................
104.261
106.710
109.444
111.659
112.293
111.165
111.955
112.127
112.114
112.543
112.944
112.128
Imports of goods and services ...........................
104.985
107.426
111.811
115.233
115.132
114.915
116.117
115.038
113.570
114.725
114.873
113.453
Government consumption expenditures and gross investment ..............................................
102.936
103.668
104.579
105.634
106.078
105.948
106.697
106.771
106.850
107.209
107.454
107.481
Federal................................................................
102.855
103.429
104.499
105.483
105.835
105.560
105.959
106.182
106.224
106.370
107.007
107.207
State and local ....................................................
102.991
103.836
104.633
105.740
106.248
106.220
107.214
107.183
107.288
107.798
107.775
107.684
Addenda:
PCE excluding food and energy 1 .......................
101.427
101.632
101.959
102.522
103.039
103.452
104.010
104.482
104.849
105.187
105.542
105.758
Market-based PCE 2 ...........................................
101.512
102.043
102.889
103.894
104.511
104.842
105.447
105.672
106.101
106.460
106.800
106.734
Market-based PCE excluding food and energy 2
101.169
101.311
101.678
102.257
102.793
103.192
103.761
104.199
104.538
104.783
105.210
105.368
Final sales of domestic product ..........................
101.430
101.936
102.355
103.041
103.670
103.802
104.322
104.774
105.374
105.663
106.024
106.224
Gross domestic purchases .................................
101.609
102.183
102.900
103.792
104.307
104.538
105.124
105.383
105.742
106.150
106.467
106.547
Final sales to domestic purchasers ....................
101.606
102.170
102.900
103.808
104.325
104.558
105.150
105.405
105.769
106.171
106.496
106.577
Gross national product........................................
101.538
102.056
102.472
103.150
103.776
103.908
104.424
104.874
105.465
105.762
106.116 .................
Implicit price deflators:
Gross domestic product ..................................
101.418
101.936
102.343
103.002
103.650
103.783
104.291
104.750
105.292
105.667
106.105
106.293
Final sales of domestic product.......................
101.426
101.931
102.351
103.037
103.666
103.798
104.318
104.771
105.371
105.660
106.021
106.221
Gross domestic purchases..............................
101.596
102.171
102.889
103.770
104.304
104.539
105.119
105.383
105.691
106.177
106.576
106.646
Final sales to domestic purchasers.................
101.602
102.166
102.896
103.804
104.321
104.555
105.147
105.403
105.767
106.170
106.494
106.575
Gross national product....................................
101.524
102.044
102.461
103.128
103.774
103.909
104.419
104.873
105.413
105.788
106.225 .................

1. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.
2. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment)

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

and the final consumption expenditures of nonprofit institutions serving households. Percentage changes for these series are included in the addenda to table 8 and appendix table A.
See “Explanatory Note” at the end of the tables.

-54-

Table 7. Real Gross Domestic Product: Percent Change From Preceding Year—Continues
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

1965
Gross domestic product (GDP)...........................................
Personal consumption expenditures.............................................
Goods ............................................................................................
Durable goods............................................................................
Nondurable goods......................................................................
Services .........................................................................................
Gross private domestic investment ...............................................
Fixed investment ............................................................................
Nonresidential ............................................................................
Structures...............................................................................
Equipment ..............................................................................
Intellectual property products .................................................
Residential .................................................................................
Change in private inventories ........................................................
Net exports of goods and services................................................
Exports ..........................................................................................
Goods.........................................................................................
Services .....................................................................................
Imports...........................................................................................
Goods.........................................................................................
Services .....................................................................................
Government consumption expenditures and gross investment
Federal...........................................................................................
National defense ........................................................................
Nondefense................................................................................
State and local ...............................................................................
Addenda:
Final sales of domestic product .....................................................
Gross domestic purchases ............................................................
Final sales to domestic purchasers ...............................................
Gross domestic income 1 ...............................................................
Gross national product...................................................................
Real disposable personal income ..................................................
Price indexes:
Gross domestic purchases.........................................................
Gross domestic purchases excluding food and energy 2 ...........
GDP ...........................................................................................
GDP excluding food and energy 2 ..............................................
Personal consumption expenditures ..........................................

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980 Line

6.5
6.6
2.7
4.9
3.1
0.2
3.3
5.2
5.6 –0.5 –0.2
5.4
4.6
5.6
3.2 –0.2
6.3
5.7
3.0
5.7
3.7
2.4
3.8
6.1
5.0 –0.8
2.3
5.6
4.2
4.4
2.4 –0.3
7.1
6.3
2.0
6.2
3.1
0.8
4.2
6.5
5.2 –3.6
0.7
7.0
4.3
4.1
1.6 –2.5
12.4
8.3
1.5 11.1
3.7 –2.7 10.0 12.4 10.5 –6.4
0.2 12.5
8.8
5.2 –0.5 –8.0
5.0
5.6
2.1
4.2
2.8
2.2
1.9
4.0
2.9 –2.4
0.9
4.8
2.3
3.6
2.6 –0.2
5.5
4.9
4.1
5.3
4.4
3.9
3.5
5.7
4.7
1.9
3.8
4.3
4.1
4.6
3.1
1.6
13.8
9.0 –3.5
6.0
5.6 –6.1 10.3 11.3 10.9 –6.6 –16.2 19.1 14.3 11.6
3.5 –10.1
10.4
6.2 –0.9
7.0
5.9 –2.1
6.9 11.4
8.6 –5.6 –9.8
9.8 13.6 11.6
5.8 –5.9
16.7 12.3 –0.3
4.8
7.0 –0.9
0.0
8.7 13.2
0.8 –9.0
5.7 10.8 13.8 10.0
0.0
15.9
6.8 –2.5
1.4
5.4
0.3 –1.6
3.1
8.2 –2.2 –10.5
2.4
4.1 14.4 12.7
5.9
18.2 15.5 –1.0
6.1
8.3 –1.8
0.8 12.7 18.5
2.1 –10.5
6.1 15.5 15.1
8.2 –4.4
12.7 13.2
7.8
7.5
5.4 –0.1
0.4
7.0
5.0
2.9
0.9 10.9
6.6
7.1 11.7
5.0
–2.6 –8.4 –2.6 13.5
3.1 –5.2 26.6 17.4 –0.6 –19.6 –12.1 22.1 20.5
6.7 –3.7 –20.9
.......... .......... .......... .......... ........... ........... .......... .......... .......... ........... ........... .......... .......... .......... .......... ...........
.......... .......... .......... .......... ........... ........... .......... .......... .......... ........... ........... .......... .......... .......... .......... ...........
2.8
6.9
2.3
7.8
4.8 10.8
1.7
7.5 18.9
7.9 –0.6
4.4
2.4 10.5
9.9 10.8
0.5
6.9
0.5
7.9
5.2 11.4 –0.4 10.7 23.0
7.9 –2.3
4.7
1.3 11.2 11.8 11.9
10.2
6.9
7.9
7.7
3.7
8.9
7.7 –0.6
7.1
7.8
6.1
3.0
6.4
8.4
3.1
6.2
10.6 14.9
7.3 14.9
5.7
4.3
5.3 11.2
4.6 –2.3 –11.1 19.6 10.9
8.7
1.7 –6.6
14.2 15.8
5.3 20.7
5.5
3.9
8.4 13.6
7.1 –2.8 –12.6 22.6 12.2
9.0
1.7 –7.4
2.9 12.7 12.2
1.8
6.3
5.2 –2.8
4.2 –3.4 –0.1 –4.3
6.9
5.0
7.1
1.4 –2.2
3.2
8.7
7.9
3.4
0.2 –2.0 –1.8 –0.5 –0.3
2.3
2.2
0.5
1.2
2.9
1.9
1.9
0.8 10.7 10.1
1.5 –2.4 –6.1 –6.4 –3.1 –3.6
0.7
0.5
0.2
2.2
2.5
2.3
4.4
–1.3 12.9 12.5
1.6 –4.1 –8.2 –10.2 –6.9 –5.1 –1.0 –1.0 –0.5
1.0
0.8
2.7
3.9
7.9
3.6
1.9
1.3
3.9
1.0
5.6
7.2
0.2
4.6
3.9
1.6
4.7
6.0
1.7
5.4
6.6
6.2
5.0
6.0
3.5
2.9
3.1
2.2
2.8
3.7
3.6
0.8
0.4
3.3
1.5 –0.2
5.9
6.9
6.3
6.4
6.5
6.2

6.1
6.9
6.4
6.0
6.5
5.3

3.3
3.0
3.5
3.0
2.7
4.3

5.1
5.2
5.4
5.0
4.9
4.5

3.2
3.2
3.2
3.3
3.1
3.4

0.9
–0.1
0.6
–0.1
0.2
4.6

0.6
–1.9
–1.0
–0.1
–0.3
0.7

27
28
29
30
31
32

1.7
2.8
2.7
4.2
4.9
5.4
5.2
4.5
5.7 10.1
9.1
5.5
6.6
7.1
8.7 10.4
.......... .......... .......... .......... ........... ........... .......... .......... .......... ........... ........... .......... .......... .......... .......... ...........
1.8
2.8
2.9
4.3
4.9
5.3
5.1
4.3
5.4
9.0
9.3
5.5
6.2
7.0
8.3
9.0
.......... .......... .......... .......... ........... ........... .......... .......... .......... ........... ........... .......... .......... .......... .......... ...........
1.4
2.5
2.5
3.9
4.5
4.7
4.3
3.4
5.4 10.4
8.4
5.5
6.5
7.0
8.9 10.7

33
34
35
36
37

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.

-55-

2.7
3.5
2.9
3.0
3.3
4.6

5.2
5.5
5.4
5.5
5.3
4.8

5.2
4.8
4.4
5.8
5.9
6.1

–0.3
–1.2
–1.0
–0.6
–0.4
–1.1

1.0
–1.1
0.2
–0.5
–0.4
2.5

4.0
6.5
5.1
5.1
5.5
3.1

4.4
5.3
5.1
4.8
4.7
3.2

5.5
5.5
5.4
5.5
5.5
4.6

3.6
2.5
2.9
2.4
3.5
2.0

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

Table 7. Real Gross Domestic Product: Percent Change From Preceding Year—Continues
1981

Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

Gross domestic product (GDP)...........................................
Personal consumption expenditures.............................................
Goods ............................................................................................
Durable goods............................................................................
Nondurable goods......................................................................
Services .........................................................................................
Gross private domestic investment ...............................................
Fixed investment ............................................................................
Nonresidential ............................................................................
Structures...............................................................................
Equipment ..............................................................................
Intellectual property products .................................................
Residential .................................................................................
Change in private inventories ........................................................
Net exports of goods and services................................................
Exports ..........................................................................................
Goods.........................................................................................
Services .....................................................................................
Imports...........................................................................................
Goods.........................................................................................
Services .....................................................................................
Government consumption expenditures and gross investment
Federal...........................................................................................
National defense ........................................................................
Nondefense................................................................................
State and local ...............................................................................
Addenda:
Final sales of domestic product .....................................................
Gross domestic purchases ............................................................
Final sales to domestic purchasers ...............................................
Gross domestic income 1 ...............................................................
Gross national product...................................................................
Real disposable personal income ..................................................
Price indexes:
Gross domestic purchases.........................................................
Gross domestic purchases excluding food and energy 2 ...........
GDP ...........................................................................................
GDP excluding food and energy 2 ..............................................
Personal consumption expenditures ..........................................

1982

2.6
1.5
1.2
1.0
1.3
1.7
8.8
2.7
6.1
8.0
3.7
10.9
–8.2
..........
..........
1.2
–1.1
10.6
2.6
2.1
5.8
1.0
4.5
6.2
1.0
–2.0

–1.9
4.6
7.3
4.2
3.5
3.5
4.2
3.7
1.9 –0.1
3.6
2.7
4.0
2.7
3.8
1.4
5.7
5.3
5.3
4.2
3.4
4.2
2.9
2.1
0.2
3.7
3.5
3.9
3.0
3.5
0.7
6.4
7.2
5.3
5.6
1.8
3.7
2.5
0.6 –2.0
3.2
4.2
5.3
3.0
4.5
–0.2 14.3 14.3 10.0
9.6
2.0
5.7
2.2 –0.4 –5.4
5.7
7.5
8.0
3.9
7.5
1.0
3.3
4.1
3.0
3.6
1.7
2.6
2.7
1.2 –0.3
1.9
2.5
3.9
2.5
2.9
2.0
5.2
3.9
5.3
3.2
4.5
4.5
3.2
3.0
1.6
4.0
3.1
3.1
3.0
2.9
–13.0
9.3 27.3 –0.1
0.2
2.8
2.5
4.0 –2.6 –6.6
7.3
8.0 11.9
3.2
8.8
–6.7
7.5 16.2
5.5
1.8
0.6
3.3
3.2 –1.4 –5.1
5.5
7.7
8.2
6.1
8.9
–3.6 –0.4 16.7
6.6 –1.7
0.1
5.0
5.7
1.1 –3.9
2.9
7.5
7.9
9.7
9.1
–1.6 –10.8 13.9
7.1 –11.0 –2.9
0.7
2.0
1.5 –11.1 –6.0 –0.3
1.8
6.4
5.7
–7.6
4.6 19.4
5.5
1.1
0.4
6.6
5.3 –2.1 –4.6
5.9 12.7 12.3 12.1
9.5
6.2
7.9 13.7
9.0
7.0
3.9
7.1 11.7
8.4
6.4
6.0
4.2
4.0
7.3 11.3
–18.1 42.0 14.8
2.3 12.4
2.0 –0.9 –3.2 –8.5 –8.9 13.8
8.2
9.0 –3.4
8.2
.......... .......... .......... ........... ........... .......... .......... .......... ........... ........... .......... .......... .......... ........... ...........
.......... .......... .......... ........... ........... .......... .......... .......... ........... ........... .......... .......... .......... ........... ...........
–7.6 –2.6
8.2
3.3
7.7 10.9 16.2 11.6
8.8
6.6
6.9
3.3
8.8 10.3
8.2
–9.0 –2.9
7.9
3.7
5.1 11.1 18.8 11.9
8.4
6.9
7.5
3.3
9.7 11.7
8.8
–2.8 –1.7
8.9
2.4 14.5 10.4
9.7 10.6
9.9
5.9
5.6
3.3
6.7
6.8
6.6
–1.3 12.6 24.3
6.5
8.5
5.9
3.9
4.4
3.6 –0.1
7.0
8.6 11.9
8.0
8.7
–2.5 13.6 24.2
6.3 10.3
4.6
4.1
4.3
2.9
0.5
9.4 10.0 13.4
9.0
9.4
5.3
8.1 25.1
7.6
1.1 11.8
3.4
4.8
6.5 –2.6 –2.7
2.7
5.3
3.0
5.2
1.8
3.8
3.6
6.8
5.4
3.0
1.3
2.9
3.2
1.2
0.5 –0.8
0.1
0.5
1.0
3.7
6.5
3.3
7.9
5.9
3.8 –1.3
1.7
2.1
0.0 –1.5 –3.5 –3.5 –2.6 –1.2
7.2
7.3
5.2
8.8
6.9
5.1 –0.2 –0.2
0.3 –1.0 –4.5 –5.1 –4.9 –4.0 –1.6
–3.6
4.7 –1.4
5.7
3.1
0.2 –4.3
7.2
7.3
2.4
5.9
0.0 –0.8
0.0 –0.5
0.1
1.3
3.8
5.7
5.0
2.2
3.9
4.0
4.1
2.2
2.1
1.2
2.8
2.7
2.4

1.5
2.7
1.6
3.0
2.4
2.5

–0.6
–1.3
0.0
–1.0
–1.8
2.1

1983

4.3
5.9
5.6
3.3
4.6
3.5

1984

5.4
8.7
6.8
7.8
7.1
6.9

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996 Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

5.4
4.5
5.6
4.0
3.9
3.1

3.8
3.7
4.0
3.0
3.3
3.9

3.1
3.2
2.8
4.3
3.4
2.2

4.4
3.3
3.4
5.1
4.3
4.7

3.5
3.1
3.0
2.5
3.7
3.0

2.1
1.5
1.7
1.5
2.0
2.0

0.2
–0.7
–0.4
0.0
–0.2
0.7

3.3
3.6
3.3
3.3
3.5
4.3

2.7
3.3
3.2
2.2
2.7
1.6

3.4
4.4
3.8
4.4
3.9
2.7

3.2
2.6
3.0
3.4
2.8
3.4

3.8
3.9
3.9
4.3
3.8
3.2

27
28
29
30
31
32

9.2
5.7
3.5
3.3
3.0
.......... ..........
3.9
3.5
3.3
9.4
6.1
3.9
3.6
3.2
.......... .......... .......... .......... ...........
8.9
5.5
4.3
3.8
3.5

2.1
2.8
2.0
2.2
2.2

2.8
2.8
2.4
2.6
3.0

3.5
3.7
3.5
3.4
3.9

3.9
3.7
3.9
3.8
4.3

3.9
3.7
3.7
3.7
4.3

3.1
3.2
3.3
3.3
3.3

2.3
2.5
2.3
2.4
2.6

2.3
2.4
2.4
2.4
2.5

2.1
2.2
2.1
2.2
2.1

2.1
2.2
2.1
2.1
2.1

1.7
1.6
1.8
1.7
2.1

33
34
35
36
37

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.

-56-

Table 7. Real Gross Domestic Product: Percent Change From Preceding Year—Table Ends
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012 Line

Gross domestic product (GDP) ..........................................
4.5
4.4
4.8
4.1
1.0
1.8
2.8
3.8
3.4
2.7
1.8 –0.3 –2.8
2.5
1.8
2.8
Personal consumption expenditures ............................................
3.8
5.3
5.5
5.1
2.5
2.5
3.1
3.8
3.5
3.0
2.2 –0.4 –1.6
2.0
2.5
2.2
Goods............................................................................................
4.8
6.7
7.9
5.2
3.0
3.9
4.8
5.1
4.1
3.6
2.7 –2.5 –3.0
3.4
3.4
3.3
Durable goods ...........................................................................
8.2 12.1 12.8
8.6
5.2
7.3
7.1
8.2
5.4
4.3
4.6 –5.1 –5.5
6.1
6.6
7.7
Nondurable goods .....................................................................
2.9
3.7
5.0
3.2
1.7
1.9
3.5
3.3
3.3
3.3
1.7 –1.1 –1.8
2.2
1.9
1.4
Services ........................................................................................
3.2
4.6
4.1
5.0
2.2
1.8
2.2
3.2
3.2
2.7
2.0
0.8 –0.8
1.2
2.1
1.6
Gross private domestic investment ..............................................
11.4
9.5
8.4
6.5 –6.1 –0.6
4.1
8.8
6.4
2.1 –3.1 –9.4 –21.6 12.9
4.9
9.5
Fixed investment ...........................................................................
8.6 10.2
8.8
6.9 –1.6 –3.5
4.0
6.7
6.8
2.0 –2.0 –6.8 –16.7
1.5
6.2
8.3
Nonresidential ...........................................................................
10.8 10.8
9.7
9.1 –2.4 –6.9
1.9
5.2
7.0
7.1
5.9 –0.7 –15.6
2.5
7.6
7.3
7.3
5.1
0.1
7.8 –1.5 –17.7 –3.9 –0.4
1.7
7.2 12.7
6.1 –18.9 –16.4
2.1 12.7
Structures ..............................................................................
11.1 13.1 12.5
9.7 –4.3 –5.4
3.2
7.7
9.6
8.6
3.2 –6.9 –22.9 15.9 12.7
7.6
Equipment .............................................................................
13.0 10.8 12.4
8.9
0.5 –0.5
3.8
5.1
6.5
4.5
4.8
3.0 –1.4
1.9
4.4
3.4
Intellectual property products ................................................
Residential.................................................................................
2.4
8.6
6.3
0.7
0.9
6.1
9.1 10.0
6.6 –7.6 –18.8 –24.0 –21.2 –2.5
0.5 12.9
Change in private inventories........................................................ ........... .......... .......... .......... .......... ........... ........... .......... .......... .......... .......... ........... ........... .......... .......... ..........
Net exports of goods and services ............................................... ........... .......... .......... .......... .......... ........... ........... .......... .......... .......... .......... ........... ........... .......... .......... ..........
Exports..........................................................................................
11.9
2.3
4.6
8.4 –5.7 –1.9
1.6
9.4
6.0
8.9
8.9
5.7 –9.1 11.5
7.1
3.5
Goods........................................................................................
14.4
2.2
5.9 10.1 –6.2 –3.5
1.9
8.5
7.4
9.4
7.5
6.1 –12.0 14.3
7.1
3.8
Services ....................................................................................
5.9
2.6
1.4
3.9 –4.3
2.3
1.0 11.6
3.0
7.7 12.3
4.8 –2.1
5.6
7.0
3.0
Imports ..........................................................................................
13.5 11.7 11.4 12.8 –2.9
3.4
4.3 11.0
6.1
6.1
2.3 –2.6 –13.7 12.8
4.9
2.2
Goods........................................................................................
14.4 11.8 12.7 13.1 –3.2
3.7
4.9 11.1
6.7
5.9
1.8 –3.7 –15.8 15.2
5.2
2.1
Services ....................................................................................
8.7 10.9
4.7 11.0 –0.9
1.8
1.3 10.5
3.1
7.4
4.7
3.1 –3.1
2.8
3.1
2.7
Government consumption expenditures and gross investment
1.9
2.1
3.4
1.9
3.8
4.4
2.2
1.6
0.6
1.5
1.6
2.8
3.2
0.1 –3.2 –1.0
Federal ..........................................................................................
–0.8 –0.9
2.0
0.3
3.9
7.2
6.8
4.5
1.7
2.5
1.7
6.8
5.7
4.4 –2.6 –1.4
National defense .......................................................................
–2.7 –2.1
1.5 –0.9
3.5
7.0
8.5
6.0
2.0
2.0
2.5
7.5
5.4
3.2 –2.3 –3.2
Nondefense ...............................................................................
2.8
1.3
2.7
2.3
4.7
7.4
4.1
2.0
1.3
3.5
0.3
5.5
6.2
6.4 –3.0
1.8
State and local ..............................................................................
3.6
3.8
4.2
2.8
3.7
2.9 –0.4 –0.1
0.0
0.9
1.5
0.3
1.6 –2.7 –3.6 –0.7
Addenda:
Final sales of domestic product.....................................................
4.0
4.5
4.9
4.2
1.9
1.2
2.8
3.4
3.4
2.6
2.0
0.2 –2.0
1.0
2.0
2.6
Gross domestic purchases............................................................
4.7
5.5
5.7
4.8
1.1
2.3
3.1
4.2
3.5
2.6
1.1 –1.3 –3.8
2.9
1.7
2.6
Final sales to domestic purchasers...............................................
4.2
5.6
5.7
4.8
2.0
1.8
3.1
3.9
3.5
2.6
1.4 –0.9 –3.0
1.5
1.8
2.4
Gross domestic income 1 ..............................................................
5.1
5.3
4.5
4.7
1.1
1.4
2.2
3.7
3.6
4.0
0.1 –0.8 –2.6
2.7
2.5
2.5
Gross national product..................................................................
4.4
4.4
4.9
4.2
1.1
1.7
2.9
3.9
3.3
2.4
2.2
0.0 –3.0
2.8
2.1
2.7
Real disposable personal income .................................................
3.7
5.9
3.3
5.0
2.8
3.1
2.7
3.6
1.5
4.0
2.1
1.5 –0.5
1.1
2.4
2.0
Price indexes:
Gross domestic purchases........................................................
Gross domestic purchases excluding food and energy 2 ..........
GDP...........................................................................................
GDP excluding food and energy 2 .............................................
Personal consumption expenditures..........................................

1.5
1.5
1.7
1.8
1.7

0.7
0.9
1.1
1.2
0.8

1.6
1.5
1.4
1.5
1.5

2.6
2.2
2.3
2.3
2.5

1.9
1.8
2.3
2.0
1.9

1.4
1.6
1.5
1.8
1.3

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.

-57-

2.2
1.9
2.0
1.9
2.0

2.9
2.7
2.7
2.7
2.4

3.5
3.2
3.2
3.4
2.9

3.2
3.0
3.1
3.1
2.7

2.7
2.5
2.7
2.6
2.5

3.0
2.3
1.9
2.1
3.1

–0.2
0.5
0.8
0.5
–0.1

1.5
1.3
1.2
1.4
1.7

2.3
1.7
2.0
1.8
2.4

1.7
1.6
1.7
1.7
1.8

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

Table 7A. Gross Domestic Product: Levels, Percent Change from Preceding Year, and Revision to Percent Change
Billions of dollars
Year

Percent change from preceding year

Gross
Exports
Gross
Personal
private of goods domestic consumption domestic and product expenditures investment services

Revision to percent change from preceding year

2

Imports
Gross
Exports Imports
Gross
Exports Imports
Gross
Personal
Gross
Personal of goods Governprivate of goods of goods Governprivate of goods of goods Govern domestic consumption domestic consumption and ment 1 domestic and and ment 1 domestic and and -ment 1 product expenditures product expenditures services investment services services investment services services

1965 ..........
1966 ..........
1967 ..........
1968 ..........
1969 ..........

743.7
815.0
861.7
942.5
1,019.9

443.6
480.6
507.4
557.4
604.5

129.6
144.2
142.7
156.9
173.6

37.1
40.9
43.5
47.9
51.9

31.5
37.1
39.9
46.6
50.5

164.9
186.4
208.1
226.8
240.4

8.4
9.6
5.7
9.4
8.2

7.9
8.3
5.6
9.9
8.4

15.6
11.2
–1.0
10.0
10.6

6.1
10.2
6.2
10.2
8.4

12.2
17.5
7.7
16.6
8.5

6.0
13.0
11.6
9.0
6.0

0.0
0.1
0.0
0.1
0.0

0.0
–0.1
0.0
0.0
0.0

–0.3
0.2
1.1
0.2
–0.2

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

0.3
–0.3
–0.6
0.3
0.2

1970 ..........
1971 ..........
1972 ..........
1973 ..........
1974 ..........

1,075.9
1,167.8
1,282.4
1,428.5
1,548.8

647.7
701.0
769.4
851.1
932.0

170.1
196.8
228.1
266.9
274.5

59.7
63.0
70.8
95.3
126.7

55.8
62.3
74.2
91.2
127.5

254.2
269.3
288.2
306.4
343.1

5.5
8.5
9.8
11.4
8.4

7.1
8.2
9.8
10.6
9.5

–2.0
15.7
15.9
17.0
2.8

15.0
5.4
12.5
34.5
32.9

10.4
11.8
19.0
22.8
39.8

5.7
6.0
7.0
6.3
12.0

0.0
0.0
–0.1
–0.3
–0.1

0.0
0.0
0.0
0.0
0.0

0.6
–1.2
–0.6
–0.8
0.8

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

0.2
0.6
0.1
–0.6
–0.9

1975 ..........
1976 ..........
1977 ..........
1978 ..........
1979 ..........

1,688.9
1,877.6
2,086.0
2,356.6
2,632.1

1,032.8
1,150.2
1,276.7
1,426.2
1,589.5

257.3
323.2
396.6
478.4
539.7

138.7
149.5
159.4
186.9
230.1

122.7
151.1
182.4
212.3
252.7

382.9
405.8
435.8
477.4
525.5

9.0
11.2
11.1
13.0
11.7

10.8
11.4
11.0
11.7
11.5

–6.3
25.6
22.7
20.6
12.8

9.5
7.8
6.6
17.3
23.1

–3.7
23.2
20.7
16.3
19.0

11.6
6.0
7.4
9.6
10.1

–0.2
–0.2
–0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0

1.4
–1.2
–1.1
–0.6
0.3

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

–0.9
–1.1
–0.7
0.1
–0.3

1980 ..........
1981 ..........
1982 ..........
1983 ..........
1984 ..........

2,862.5
3,210.9
3,345.0
3,638.1
4,040.7

1,754.6
1,937.5
2,073.9
2,286.5
2,498.2

530.1
631.2
581.0
637.5
820.1

280.8
305.2
283.2
277.0
302.4

293.8
317.8
303.2
328.6
405.1

590.8
654.7
710.0
765.7
825.2

8.8
12.2
4.2
8.8
11.1

10.4
10.4
7.0
10.3
9.3

–1.8
19.1
–8.0
9.7
28.6

22.0
8.7
–7.2
–2.2
9.2

16.3
8.1
–4.6
8.4
23.3

12.4
10.8
8.4
7.8
7.8

0.0
0.1
0.2
0.1
–0.1

0.1
–0.1
0.0
0.0
0.0

1.0
–0.3
1.6
0.6
–1.8

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

–0.7
0.0
0.0
0.0
–0.9

1985 ..........
1986 ..........
1987 ..........
1988 ..........
1989 ..........

4,346.7
4,590.1
4,870.2
5,252.6
5,657.7

2,722.7
2,898.4
3,092.1
3,346.9
3,592.8

829.6
849.1
892.2
937.0
999.7

303.2
321.0
363.9
444.6
504.3

417.2 908.4
452.9 974.5
508.7 1,030.8
554.0 1,078.2
591.0 1,151.9

7.6
5.6
6.1
7.9
7.7

9.0
6.5
6.7
8.2
7.3

1.2
2.3
5.1
5.0
6.7

0.3
5.9
13.4
22.2
13.4

3.0
8.5
12.3
8.9
6.7

10.1
7.3
5.8
4.6
6.8

0.3
–0.2
–0.1
0.2
0.2

0.3
–0.1
–0.2
0.0
0.0

1.1
0.9
0.0
0.3
0.2

0.4
–0.2
–0.2
0.2
0.0

0.0
0.0
0.0
0.0
0.0

–0.2
–0.7
0.5
0.6
0.9

1990 ..........
1991 ..........
1992 ..........
1993 ..........
1994 ..........

5,979.6
6,174.0
6,539.3
6,878.7
7,308.7

3,825.6
3,960.2
4,215.7
4,471.0
4,741.0

993.5
944.3
1,013.0
1,106.8
1,256.5

551.9
594.9
633.0
654.8
720.9

629.7
623.5
667.8
720.0
813.4

1,238.4
1,298.2
1,345.4
1,366.1
1,403.7

5.7
3.3
5.9
5.2
6.3

6.5
3.5
6.5
6.1
6.0

–0.6
–4.9
7.3
9.3
13.5

9.4
7.8
6.4
3.4
10.1

6.5
–1.0
7.1
7.8
13.0

7.5
4.8
3.6
1.5
2.8

–0.1
0.0
0.1
0.1
0.0

–0.2
–0.3
0.0
0.3
0.0

1.0
1.8
–0.4
–0.9
–1.6

–0.3
–0.3
0.0
0.2
0.2

0.0
0.0
0.0
0.0
0.0

0.1
0.2
0.6
–0.2
0.1

1995 ..........
1996 ..........
1997 ..........
1998 ..........
1999 ..........

7,664.0
8,100.2
8,608.5
9,089.1
9,665.7

4,984.2
5,268.1
5,560.7
5,903.0
6,316.9

1,317.5
1,432.1
1,595.6
1,735.3
1,884.2

812.8
867.6
953.8
952.9
989.2

902.6
964.0
1,055.8
1,115.7
1,250.6

1,452.2
1,496.4
1,554.2
1,613.5
1,726.0

4.9
5.7
6.3
5.6
6.3

5.1
5.7
5.6
6.2
7.0

4.9
8.7
11.4
8.8
8.6

12.7
6.7
9.9
–0.1
3.8

11.0
6.8
9.5
5.7
12.1

3.4
3.0
3.9
3.8
7.0

0.2
0.0
0.0
0.1
–0.1

0.1
0.0
0.0
0.0
–0.2

0.6
0.3
–0.6
0.0
–0.1

0.0
–0.2
–0.1
0.0
0.1

0.0
0.0
0.0
0.0
–0.1

0.1
–0.4
0.1
0.3
0.1

2000 ..........
2001 ..........
2002 ..........
2003 ..........
2004 ..........

10,289.7
10,625.3
10,980.2
11,512.2
12,277.0

6,801.6
7,106.9
7,385.3
7,764.4
8,257.8

2,033.8
1,928.6
1,925.0
2,027.9
2,276.7

1,094.3
1,028.8
1,004.7
1,043.4
1,183.1

1,474.4
1,397.8
1,429.7
1,544.3
1,797.9

1,834.4
1,958.8
2,094.9
2,220.8
2,357.4

6.5
3.3
3.3
4.8
6.6

7.7
4.5
3.9
5.1
6.4

7.9
–5.2
–0.2
5.3
12.3

10.6
–6.0
–2.3
3.9
13.4

17.9
–5.2
2.3
8.0
16.4

6.3
6.8
7.0
6.0
6.1

0.1
–0.1
–0.2
0.1
0.2

0.0
–0.2
–0.2
0.2
0.4

–0.1
1.0
0.7
0.3
–1.5

0.1
0.0
0.1
0.1
0.0

0.0
0.0
0.0
0.0
0.0

0.2
0.1
–0.4
–0.5
0.4

2005 ..........
2006 ..........
2007 ..........
2008 ..........
2009 ..........

13,095.4
13,857.9
14,480.3
14,720.3
14,417.9

8,790.3
9,297.5
9,744.4
10,005.5
9,842.9

2,527.1
2,680.6
2,643.7
2,424.8
1,878.1

1,310.4
1,478.5
1,665.7
1,843.1
1,583.8

2,026.1
2,240.9
2,375.5
2,556.4
1,976.0

2,493.7
2,642.2
2,801.9
3,003.2
3,089.1

6.7
5.8
4.5
1.7
–2.1

6.4
5.8
4.8
2.7
–1.6

11.0
6.1
–1.4
–8.3
–22.5

10.8
12.8
12.7
10.6
–14.1

12.7
10.6
6.0
7.6
–22.7

5.8
6.0
6.0
7.2
2.9

0.2
–0.2
–0.4
–0.2
0.1

0.0
0.1
–0.3
0.0
0.3

0.7
–1.0
0.0
0.7
3.3

0.2
0.1
–0.3
–0.5
–0.1

0.0
0.1
0.0
–0.1
0.0

–0.3
–0.3
–0.2
–0.4
–0.2

2010 ..........
2011 ..........
2012 ..........

14,958.3
15,533.8
16,244.6

10,201.9
10,711.8
11,149.6

2,100.8
2,232.1
2,475.2

1,843.5
2,101.2
2,195.9

2,362.0 3,174.0
2,669.9 3,158.7
2,743.1 3,167.0

3.7
3.8
4.6

3.6
5.0
4.1

11.9
6.2
10.9

16.4
14.0
4.5

19.5
13.0
2.7

2.7
–0.5
0.3

–0.1
–0.2
0.6

–0.2
0.0
0.5

–0.2
–0.6
–0.3

0.2
0.5
0.2

0.3
0.0
–0.4

–0.3
–0.6
0.2

1. Government consumption expenditures and gross investment
2. Revised percent change less the previously published percent change

-58-

Table 7B. Real Gross Domestic Product: Levels, Percent Change from Preceding Year, and Revision to Percent Change
Billions of chained (2009) dollars
Year

Gross domestic product

Percent change from preceding year

Revision to percent change from preceding year

Personal Gross Exports Imports
Personal Gross
Personal
private Exports of Imports of private of goods of goods Govern- Gross
Gross
conconconGovernsumption domestic goods and goods and ment 1 Residual domestic sumption domestic and domestic sumption and ment 1 expendi- invest- services services product expendi- invest- services services product expendiment ment tures tures tures

2

Gross Exports Imports private of goods of goods Governdomestic and and ment 1 invest- services services ment 1965 ..........
1966 ..........
1967 ..........
1968 ..........
1969 ..........

3,972.9
4,234.9
4,351.2
4,564.7
4,707.9

2,376.1
2,510.6
2,585.6
2,734.1
2,836.3

529.6
577.1
556.9
590.2
623.1

136.1
145.5
148.9
160.6
168.4

162.8
187.1
200.7
230.6
243.7

1,224.2
1,331.0
1,436.4
1,485.7
1,488.0

–130.3
–142.2
–175.9
–175.3
–164.2

6.5
6.6
2.7
4.9
3.1

6.3
5.7
3.0
5.7
3.7

13.8
9.0
–3.5
6.0
5.6

2.8
6.9
2.3
7.8
4.8

10.6
14.9
7.3
14.9
5.7

3.2
8.7
7.9
3.4
0.2

0.1
0.1
0.2
0.1
0.0

0.0
0.0
0.0
–0.1
0.0

–0.2
0.2
1.1
0.2
–0.2

0.0
0.0
0.0
–0.1
0.0

0.0
0.0
0.0
0.0
0.0

0.2
–0.1
0.2
0.3
0.4

1970 ..........
1971 ..........
1972 ..........
1973 ..........
1974 ..........

4,717.7
4,873.0
5,128.8
5,418.2
5,390.2

2,903.1
3,013.9
3,198.7
3,357.3
3,329.6

585.2
645.5
718.2
796.8
744.0

186.5
189.6
203.9
242.3
261.5

254.1
267.7
297.8
311.6
304.6

1,457.7
1,431.0
1,424.2
1,419.6
1,451.8

–160.7
–139.3
–118.4
–86.2
–92.1

0.2
3.3
5.2
5.6
–0.5

2.4
3.8
6.1
5.0
–0.8

–6.1
10.3
11.3
10.9
–6.6

10.8
1.7
7.5
18.9
7.9

4.3
5.3
11.2
4.6
–2.3

–2.0
–1.8
–0.5
–0.3
2.3

0.0
–0.1
–0.1
–0.2
0.1

0.1
0.0
0.0
0.0
0.0

0.5
–1.1
–0.5
–0.8
0.8

0.1
0.0
0.0
0.0
0.0

0.0
0.0
–0.1
0.0
0.0

0.4
0.4
0.2
0.1
–0.2

1975 ..........
1976 ..........
1977 ..........
1978 ..........
1979 ..........

5,379.5
5,669.3
5,930.6
6,260.4
6,459.2

3,405.2
3,595.1
3,746.6
3,911.3
4,004.2

623.5
742.5
848.4
946.6
979.8

259.8
271.1
277.7
306.9
337.4

270.7
323.6
359.0
390.1
396.6

1,483.8
1,491.6
1,509.2
1,553.7
1,582.6

–122.1
–107.4
–92.3
–68.0
–48.2

–0.2
5.4
4.6
5.6
3.2

2.3
5.6
4.2
4.4
2.4

–16.2
19.1
14.3
11.6
3.5

–0.6
4.4
2.4
10.5
9.9

–11.1
19.6
10.9
8.7
1.7

2.2
0.5
1.2
2.9
1.9

0.0
0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.0
0.0

1.5
–1.1
–0.8
–0.5
0.3

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

–0.1
0.1
0.1
0.0
0.0

1980 ..........
1981 ..........
1982 ..........
1983 ..........
1984 ..........

6,443.4
6,610.6
6,484.3
6,784.7
7,277.2

3,991.6
4,050.8
4,108.4
4,342.6
4,571.6

881.2
958.7
833.7
911.5
1,160.3

373.7
378.3
349.4
340.4
368.2

370.3
380.0
375.2
422.6
525.4

1,612.5
1,628.0
1,658.0
1,721.6
1,783.2

–45.3
–25.2
–90.0
–108.8
–80.7

–0.2
2.6
–1.9
4.6
7.3

–0.3
1.5
1.4
5.7
5.3

–10.1
8.8
–13.0
9.3
27.3

10.8
1.2
–7.6
–2.6
8.2

–6.6
2.6
–1.3
12.6
24.3

1.9
1.0
1.8
3.8
3.6

0.1
0.1
0.0
0.1
0.1

0.1
0.0
0.0
0.0
0.0

0.9
–0.2
1.0
0.0
–2.2

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

0.0
0.1
0.0
0.1
0.2

1985 ..........
1986 ..........
1987 ..........
1988 ..........
1989 ..........

7,585.7
7,852.1
8,123.9
8,465.4
8,777.0

4,812.0
5,014.1
5,183.7
5,400.5
5,558.2

1,159.5
1,161.3
1,194.4
1,223.8
1,273.4

380.5
409.7
454.4
528.0
589.1

559.5
607.3
643.3
668.6
698.0

1,904.0
2,007.7
2,066.9
2,094.8
2,155.1

–110.8
–133.4
–132.2
–113.1
–100.8

4.2
3.5
3.5
4.2
3.7

5.3
4.2
3.4
4.2
2.9

–0.1
0.2
2.8
2.5
4.0

3.3
7.7
10.9
16.2
11.6

6.5
8.5
5.9
3.9
4.4

6.8
5.4
3.0
1.3
2.9

0.1
0.0
0.3
0.1
0.1

0.1
0.1
0.3
0.2
0.1

0.8
0.9
–0.3
0.1
0.0

0.3
0.0
0.1
0.2
0.1

0.0
0.0
0.0
0.0
0.0

–0.2
–0.7
0.6
0.0
0.2

1990 ..........
1991 ..........
1992 ..........
1993 ..........
1994 ..........

8,945.4
8,938.9
9,256.7
9,510.8
9,894.7

5,672.7
5,685.7
5,896.6
6,101.5
6,338.1

1,240.6
1,158.8
1,243.7
1,343.1
1,502.3

641.1
683.6
730.9
754.8
821.5

723.0
721.9
772.5
839.3
939.5

2,224.3
2,250.9
2,262.1
2,243.3
2,245.5

–110.3
–118.2
–104.1
–92.6
–73.2

1.9
–0.1
3.6
2.7
4.0

2.1
0.2
3.7
3.5
3.9

–2.6
–6.6
7.3
8.0
11.9

8.8
6.6
6.9
3.3
8.8

3.6
–0.1
7.0
8.6
11.9

3.2
1.2
0.5
–0.8
0.1

0.0
0.1
0.2
–0.2
–0.1

0.1
0.0
0.3
–0.1
0.1

0.8
1.5
–0.8
–0.9
–1.7

–0.2
0.0
0.0
0.0
0.1

0.0
0.1
0.0
0.0
0.0

0.0
0.1
0.0
0.0
0.1

1995 ..........
1996 ..........
1997 ..........
1998 ..........
1999 ..........

10,163.7
10,549.5
11,022.9
11,513.4
12,071.4

6,527.7
6,755.7
7,010.0
7,384.8
7,788.1

1,550.8
1,686.7
1,879.0
2,058.3
2,231.4

905.9
980.0
1,096.8
1,122.4
1,174.1

1,014.6
1,102.9
1,251.4
1,397.7
1,556.4

2,257.5
2,279.2
2,322.0
2,370.5
2,451.7

–63.6
–49.2
–33.5
–24.9
–17.5

2.7
3.8
4.5
4.4
4.8

3.0
3.5
3.8
5.3
5.5

3.2
8.8
11.4
9.5
8.4

10.3
8.2
11.9
2.3
4.6

8.0
8.7
13.5
11.7
11.4

0.5
1.0
1.9
2.1
3.4

0.2
0.1
0.0
0.0
0.0

0.3
0.0
0.1
0.1
0.0

0.1
0.0
–1.0
–0.5
–0.4

0.2
–0.1
0.0
0.0
0.2

0.0
0.0
0.0
0.0
–0.1

–0.1
0.0
0.0
0.0
–0.2

2000 ..........
2001 ..........
2002 ..........
2003 ..........
2004 ..........

12,565.2
12,684.4
12,909.7
13,270.0
13,774.0

8,182.1
8,387.5
8,600.4
8,866.2
9,205.6

2,375.5
2,231.4
2,218.2
2,308.7
2,511.3

1,272.4
1,200.5
1,178.1
1,197.2
1,309.3

1,755.1
1,704.7
1,763.0
1,838.8
2,041.2

2,498.2
2,592.4
2,705.8
2,764.3
2,808.2

–7.9
–22.7
–29.8
–27.6
–19.2

4.1
1.0
1.8
2.8
3.8

5.1
2.5
2.5
3.1
3.8

6.5
–6.1
–0.6
4.1
8.8

8.4
–5.7
–1.9
1.6
9.4

12.8
–2.9
3.4
4.3
11.0

1.9
3.8
4.4
2.2
1.6

0.0
–0.1
0.0
0.3
0.3

0.0
–0.2
–0.2
0.3
0.5

–0.3
0.9
0.8
0.2
–1.3

–0.2
–0.1
0.1
0.0
–0.1

–0.2
–0.1
0.0
–0.1
–0.1

–0.1
0.0
–0.3
0.0
0.2

2005 ..........
2006 ..........
2007 ..........
2008 ..........
2009 ..........

14,235.6 9,527.8
14,615.2 9,814.9
14,876.8 10,035.5
14,833.6 9,999.2
14,417.9 9,842.9

2,672.6
2,730.0
2,644.1
2,396.0
1,878.1

1,388.4
1,512.4
1,647.3
1,741.8
1,583.8

2,165.5
2,298.6
2,350.9
2,288.7
1,976.0

2,826.2
2,869.3
2,914.4
2,994.8
3,089.1

–13.9
–12.8
–13.6
–9.5
0.0

3.4
2.7
1.8
–0.3
–2.8

3.5
3.0
2.2
–0.4
–1.6

6.4
2.1
–3.1
–9.4
–21.6

6.0
8.9
8.9
5.7
–9.1

6.1
6.1
2.3
–2.6
–13.7

0.6
1.5
1.6
2.8
3.2

0.3
0.0
–0.1
0.0
0.3

0.1
0.1
–0.1
0.2
0.3

0.9
–0.6
0.1
0.8
3.2

–0.7
–0.1
–0.4
–0.4
0.0

0.0
0.0
–0.1
0.1
–0.2

0.3
0.1
0.3
0.2
–0.5

2010 ..........
2011 ..........
2012 ..........

14,779.4 10,035.9
15,052.4 10,291.3
15,470.7 10,517.6

2,120.4
2,224.6
2,436.0

1,765.6
1,890.5
1,957.4

2,228.1
2,336.4
2,388.2

3,091.4
2,992.3
2,963.1

–5.8
–9.9
–15.2

2.5
1.8
2.8

2.0
2.5
2.2

12.9
4.9
9.5

11.5
7.1
3.5

12.8
4.9
2.2

0.1
–3.2
–1.0

0.1
0.0
0.6

0.2
0.0
0.3

–0.8
–0.3
–0.3

0.4
0.4
0.1

0.3
0.1
–0.2

–0.5
–0.1
0.7

1. Government consumption expenditures and gross investment
2. Revised percent change less the previously published percent change
NOTE. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other

-59-

prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contributions to percent changes in real GDP, use table 2. See “Explanatory Note” at the end of the tables.

Table 7C. Chain-Type Price Indexes for Gross Domestic Product, Percent Change from Preceding Year, and Revision to Percent Change
Chain-type price indexes, 2009=100
Year

Percent change from preceding year

Revision to percent change from preceding year

2

Personal Gross
Personal Gross Exports Imports
Personal Gross Exports Imports
Exports Imports
Gross
Gross
Gross
Gross conprivate Gross conprivate of of Gross conprivate of of domestic
Govern- domestic
Govern- domestic domestic sumption domestic of goods of goods Governdomestic sumption domestic goods goods domestic sumption domestic goods goods
1
1 and and ment purment purment 1 purproduct expendi- investproduct expendi- investand and product expendi- investand and services services chases chases chases tures ment tures ment services services tures ment services services

1965 .......
1966 .......
1967 .......
1968 .......
1969 .......

18.744
19.270
19.830
20.673
21.692

18.680
19.155
19.637
20.402
21.326

24.601
25.104
25.748
26.715
27.995

27.290
28.115
29.192
29.828
30.838

19.361
19.812
19.889
20.191
20.717

13.470
14.006
14.486
15.264
16.157

18.321
18.829
19.346
20.163
21.149

1.8
2.8
2.9
4.3
4.9

1.4
2.5
2.5
3.9
4.5

1.5
2.0
2.6
3.8
4.8

3.2
3.0
3.8
2.2
3.4

1.4
2.3
0.4
1.5
2.6

2.7
4.0
3.4
5.4
5.9

1.7
2.8
2.7
4.2
4.9

0.0
0.0
–0.2
0.1
0.0

0.0
0.0
0.0
0.0
0.0

–0.1
0.0
0.0
0.1
0.1

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

0.0
–0.2
–0.8
0.0
–0.1

0.0
0.0
–0.2
0.0
0.0

1970 .......
1971 .......
1972 .......
1973 .......
1974 .......

22.835
23.996
25.038
26.399
28.763

22.325
23.274
24.070
25.367
28.008

29.200
30.647
31.925
33.664
37.022

32.020
33.202
34.749
39.319
48.441

21.943
23.290
24.922
29.254
41.853

17.439
18.823
20.241
21.583
23.635

22.287
23.449
24.498
25.888
28.510

5.3
5.1
4.3
5.4
9.0

4.7
4.3
3.4
5.4
10.4

4.3
5.0
4.2
5.4
10.0

3.8
3.7
4.7
13.2
23.2

5.9
6.1
7.0
17.4
43.1

7.9
7.9
7.5
6.6
9.5

5.4
5.2
4.5
5.7
10.1

0.0
0.1
0.0
–0.1
0.0

0.0
0.0
0.0
0.0
0.0

0.1
0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

–0.3
0.1
–0.2
–0.7
–0.6

0.0
0.1
0.1
–0.1
–0.2

1975 .......
1976 .......
1977 .......
1978 .......
1979 .......

31.435
33.161
35.213
37.685
40.795

30.347
32.012
34.091
36.479
39.713

41.457
43.749
46.973
50.779
55.337

53.390
55.143
57.389
60.886
68.214

45.337
46.702
50.817
54.406
63.710

25.809
27.210
28.873
30.724
33.206

31.116
32.821
34.977
37.459
40.729

9.3
5.5
6.2
7.0
8.3

8.4
5.5
6.5
7.0
8.9

12.0
5.5
7.4
8.1
9.0

10.2
3.3
4.1
6.1
12.0

8.3
3.0
8.8
7.1
17.1

9.2
5.4
6.1
6.4
8.1

9.1
5.5
6.6
7.1
8.7

–0.2
–0.2
–0.2
0.0
0.0

0.0
0.0
0.0
0.0
0.0

–0.3
0.0
–0.1
–0.1
0.0

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

–0.8
–1.2
–0.8
0.0
–0.3

–0.2
–0.2
–0.2
0.0
–0.1

1980 .......
1981 .......
1982 .......
1983 .......
1984 .......

44.485
48.663
51.630
53.664
55.570

43.977
47.907
50.552
52.728
54.723

60.516
66.162
69.675
69.889
70.643

75.132
80.686
81.057
81.377
82.131

79.356
83.621
80.802
77.774
77.102

36.641
40.215
42.822
44.478
46.272

44.962
49.087
51.875
53.696
55.482

9.0
9.4
6.1
3.9
3.6

10.7
8.9
5.5
4.3
3.8

9.4
9.3
5.3
0.3
1.1

10.1
7.4
0.5
0.4
0.9

24.6
5.4
–3.4
–3.7
–0.9

10.3
9.8
6.5
3.9
4.0

10.4
9.2
5.7
3.5
3.3

–0.1
0.0
0.0
0.0
–0.2

0.0
0.0
0.0
0.0
0.0

0.0
–0.2
0.2
0.6
0.4

0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0

–0.6
0.0
–0.1
–0.1
–1.1

–0.1
0.0
0.0
0.0
–0.2

1985 .......
1986 .......
1987 .......
1988 .......
1989 .......

57.347
58.510
59.941
62.042
64.455

56.660
57.886
59.649
61.973
64.640

71.517
73.124
74.647
76.523
78.470

79.692
78.343
80.096
84.198
85.599

74.570
74.567
79.083
82.866
84.677

47.710
48.536
49.868
51.468
53.450

57.150
58.345
59.985
62.091
64.515

3.2
2.0
2.4
3.5
3.9

3.5
2.2
3.0
3.9
4.3

1.2
2.2
2.1
2.5
2.5

–3.0
–1.7
2.2
5.1
1.7

–3.3
0.0
6.1
4.8
2.2

3.1
1.7
2.7
3.2
3.9

3.0
2.1
2.8
3.5
3.9

0.2
–0.2
–0.4
0.1
0.1

0.2
–0.2
–0.6
–0.1
0.0

0.2
0.0
0.2
0.2
0.1

0.1
–0.2
–0.3
–0.1
0.0

0.0
0.0
0.0
0.0
0.0

0.0
–0.1
–0.1
0.5
0.8

0.2
–0.2
–0.3
0.1
0.1

1990 .......
1991 .......
1992 .......
1993 .......
1994 .......

66.848
69.063
70.639
72.322
73.859

67.439
69.651
71.493
73.277
74.802

80.108
81.460
81.431
82.396
83.608

86.081
87.032
86.608
86.747
87.758

87.104
86.377
86.445
85.783
86.588

55.673
57.672
59.473
60.893
62.510

67.039
69.111
70.719
72.323
73.835

3.7
3.3
2.3
2.4
2.1

4.3
3.3
2.6
2.5
2.1

2.1
1.7
0.0
1.2
1.5

0.6
1.1
–0.5
0.2
1.2

2.9
–0.8
0.1
–0.8
0.9

4.2
3.6
3.1
2.4
2.7

3.9
3.1
2.3
2.3
2.1

–0.2
–0.2
–0.1
0.2
0.0

–0.3
–0.3
–0.3
0.3
0.0

0.2
0.3
0.3
0.1
0.2

–0.1
–0.2
–0.1
0.2
0.1

0.0
0.0
0.0
0.0
0.0

0.1
0.1
0.6
–0.1
0.0

–0.2
–0.2
–0.1
0.2
0.0

1995 .......
1996 .......
1997 .......
1998 .......
1999 .......

75.402
76.776
78.097
78.944
80.071

76.354
77.980
79.326
79.934
81.109

84.933
84.870
84.922
84.309
84.439

89.724
88.527
86.962
84.902
84.248

88.960
87.409
84.370
79.828
80.354

64.324
65.656
66.932
68.068
70.403

75.420
76.728
77.851
78.358
79.578

2.1
1.8
1.7
1.1
1.4

2.1
2.1
1.7
0.8
1.5

1.6
–0.1
0.1
–0.7
0.2

2.2
–1.3
–1.8
–2.4
–0.8

2.7
–1.7
–3.5
–5.4
0.7

2.9
2.1
1.9
1.7
3.4

2.1
1.7
1.5
0.7
1.6

0.0
–0.1
–0.1
0.0
–0.1

–0.1
–0.1
–0.2
–0.2
–0.1

0.5
0.3
0.5
0.4
0.3

–0.1
0.0
–0.1
–0.1
–0.2

0.0
0.0
0.0
0.0
0.1

0.2
–0.3
0.1
0.3
0.2

0.0
–0.1
0.0
0.0
0.0

2000 .......
2001 .......
2002 .......
2003 .......
2004 .......

81.894
83.767
85.055
86.754
89.130

83.128
84.731
85.872
87.573
89.703

85.625
86.436
86.783
87.841
90.646

86.006
85.699
85.281
87.151
90.364

84.008
81.999
81.098
83.984
88.084

73.431
75.559
77.426
80.341
83.947

81.641
83.206
84.359
86.196
88.729

2.3
2.3
1.5
2.0
2.7

2.5
1.9
1.3
2.0
2.4

1.4
0.9
0.4
1.2
3.2

2.1
–0.4
–0.5
2.2
3.7

4.5
–2.4
–1.1
3.6
4.9

4.3
2.9
2.5
3.8
4.5

2.6
1.9
1.4
2.2
2.9

0.1
0.0
–0.1
–0.1
–0.1

0.0
0.0
–0.1
0.0
–0.2

0.3
0.0
0.0
0.1
–0.2

0.3
0.0
–0.1
0.1
0.2

0.2
0.0
0.0
0.1
0.1

0.3
0.2
–0.1
–0.4
0.2

0.1
0.0
0.0
–0.1
–0.1

2005 ....... 91.989 92.260 94.544 94.379 93.560 88.235 91.850
2006 ....... 94.816 94.728 98.180 97.759 97.491 92.086 94.782
2007 ....... 97.338 97.099 100.001 101.119 101.050 96.140 97.370
2008 ....... 99.208 100.063 101.028 105.815 111.695 100.282 100.243
2009 ....... 100.000 100.000 100.000 100.000 100.000 100.000 100.000

3.2
3.1
2.7
1.9
0.8

2.9
2.7
2.5
3.1
–0.1

4.3
3.8
1.9
1.0
–1.0

4.4
3.6
3.4
4.6
–5.5

6.2
4.2
3.7
10.5
–10.5

5.1
4.4
4.4
4.3
–0.3

3.5
3.2
2.7
3.0
–0.2

–0.1
–0.1
–0.2
–0.3
–0.1

–0.1
0.0
–0.2
–0.2
–0.2

–0.3
–0.5
0.0
–0.1
0.1

0.8
0.2
0.1
–0.1
–0.1

0.0
0.1
0.2
–0.1
0.1

–0.7
–0.4
–0.4
–0.6
0.3

–0.2
–0.2
–0.2
–0.2
0.0

2010 ....... 101.215
2011 ....... 103.203
2012 ....... 105.008

1.2
2.0
1.7

1.7
2.4
1.8

–0.9
1.3
1.3

4.4
6.4
0.9

6.0
7.8
0.5

2.7
2.8
1.3

1.5
2.3
1.7

–0.1
–0.1
–0.1

–0.2
0.0
0.0

0.4
–0.2
0.1

–0.1
0.0
0.0

0.0
0.0
–0.1

0.3
–0.5
–0.5

–0.1
–0.2
0.0

101.654 99.109 104.415 106.008 102.673 101.528
104.086 100.364 111.140 114.273 105.560 103.884
106.009 101.646 112.185 114.862 106.882 105.599

1. Government consumption expenditures and gross investment
2. Revised percent change less the previously published percent change

-60-

Table 8. Real Gross Domestic Product: Percent Change From Quarter One Year Ago—Continues
2007

2008

2009

Line

Line
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

II

III

IV

I

II

III

IV

I

II

III

IV

Gross domestic product (GDP)......................................................
1.2
1.7
2.3
1.9
1.1
0.9
–0.3
–2.8
–3.5
–4.1
–3.3
–0.2
Personal consumption expenditures (PCE) .............................................
2.7
2.5
2.3
1.5
0.7
0.5
–0.7
–2.0
–2.1
–2.7
–1.3
–0.1
Goods .......................................................................................................
3.1
3.3
3.0
1.5
–0.4
–0.5
–2.8
–6.2
–4.8
–5.8
–2.2
0.9
Durable goods.......................................................................................
3.8
5.4
5.1
4.1
0.0
–1.7
–5.8
–12.9
–10.1
–10.4
–3.1
2.5
Nondurable goods.................................................................................
2.7
2.2
1.8
0.1
–0.7
0.2
–1.3
–2.7
–2.1
–3.5
–1.8
0.2
Services ....................................................................................................
2.5
2.1
2.0
1.5
1.3
1.1
0.5
0.2
–0.7
–1.1
–0.9
–0.6
Gross private domestic investment ..........................................................
–4.9
–2.9
–2.5
–2.2
–4.6
–7.6
–9.6
–15.9
–23.0
–26.4
–24.9
–11.0
Fixed investment .......................................................................................
–3.1
–1.9
–1.5
–1.4
–3.0
–4.6
–7.1
–12.5
–17.7
–19.7
–17.1
–11.9
Nonresidential .......................................................................................
4.9
5.6
6.0
7.1
5.3
2.7
–1.6
–8.9
–15.5
–17.7
–16.5
–12.2
Structures..........................................................................................
8.5
11.0
14.2
17.1
13.5
9.4
3.8
–1.2
–9.0
–17.2
–22.3
–27.1
Equipment .........................................................................................
2.3
3.1
3.3
4.0
1.5
–2.2
–7.7
–19.0
–27.3
–28.0
–23.1
–11.5
Intellectual property products ............................................................
6.6
5.5
3.5
3.8
4.5
4.5
3.2
0.0
–3.1
–2.5
–1.3
1.3
Residential ............................................................................................
–18.4
–17.5
–18.2
–21.3
–24.1
–24.4
–23.2
–24.3
–25.7
–27.0
–19.5
–10.8
Change in private inventories ................................................................... .............. ............. .............. .............. ............. .............. .............. ............. .............. .............. ............. ..............
Net exports of goods and services........................................................... .............. ............. .............. .............. ............. .............. .............. ............. .............. .............. ............. ..............
Exports .....................................................................................................
7.3
7.2
11.3
9.8
9.6
10.8
6.1
–2.9
–11.7
–14.0
–10.4
0.4
Goods....................................................................................................
6.2
6.3
9.3
8.4
9.6
11.2
7.4
–3.2
–15.1
–18.2
–13.7
–0.2
Services ................................................................................................
10.2
9.6
16.2
13.2
9.5
9.7
3.0
–2.2
–3.8
–4.1
–2.4
1.9
Imports......................................................................................................
3.6
2.8
2.0
0.7
–0.1
–1.4
–3.3
–5.9
–15.7
–18.5
–13.8
–6.2
Goods....................................................................................................
3.4
2.4
1.2
0.4
–0.8
–1.9
–4.3
–7.9
–18.3
–21.7
–15.9
–6.6
Services ................................................................................................
4.5
5.3
6.7
2.3
3.5
1.4
2.4
5.2
–2.2
–2.2
–3.5
–4.3
Government consumption expenditures and gross investment............
1.0
1.5
2.0
1.8
2.4
2.3
3.0
3.3
3.0
4.1
3.2
2.3
Federal......................................................................................................
–0.4
1.3
3.2
2.7
5.8
6.0
7.1
8.4
5.8
7.3
5.7
3.9
National defense ...................................................................................
0.6
1.9
4.8
2.5
6.4
6.2
8.1
9.4
5.2
7.5
5.3
3.6
Nondefense...........................................................................................
–2.2
0.1
0.2
2.9
4.6
5.8
5.1
6.5
6.9
7.0
6.5
4.6
State and local ..........................................................................................
1.9
1.6
1.3
1.2
0.4
0.2
0.6
0.2
1.3
2.1
1.6
1.3
Addenda:
Final sales of domestic product ................................................................
1.6
1.9
2.5
2.0
1.4
1.4
0.2
–2.2
–2.6
–3.0
–2.1
–0.4
Gross domestic purchases .......................................................................
1.0
1.3
1.4
0.9
0.1
–0.6
–1.5
–3.3
–4.5
–5.2
–4.1
–1.2
Final sales to domestic purchasers ..........................................................
1.4
1.5
1.6
1.0
0.3
0.0
–1.1
–2.7
–3.7
–4.1
–2.9
–1.4
Gross domestic income 1 ..........................................................................
0.7
0.7
–0.3
–0.7
–0.3
–0.5
–0.3
–2.2
–3.9
–3.9
–3.0
0.3
Gross national product..............................................................................
1.2
1.8
2.9
2.7
1.9
1.5
0.0
–3.3
–3.9
–4.5
–3.5
0.1
Real disposable personal income .............................................................
2.4
2.5
2.4
1.2
1.3
3.2
0.6
1.1
0.0
–1.3
0.0
–0.6
Price indexes:
Gross domestic purchases....................................................................
2.7
2.6
2.4
3.1
3.0
3.3
3.7
1.9
0.4
–0.5
–1.1
0.3
Gross domestic purchases excluding food and energy 2 ......................
2.8
2.5
2.4
2.5
2.3
2.5
2.6
2.0
1.1
0.6
0.0
0.5
GDP ......................................................................................................
3.0
2.8
2.4
2.5
1.9
1.8
2.1
1.9
1.6
1.0
0.3
0.4
GDP excluding food and energy 2 .........................................................
3.0
2.6
2.4
2.5
2.2
2.2
2.4
1.7
0.9
0.6
0.1
0.6
PCE.......................................................................................................
2.3
2.3
2.1
3.3
3.3
3.5
4.0
1.5
0.0
–0.5
–0.9
1.2
PCE excluding food and energy 2 .........................................................
2.4
2.0
2.0
2.2
2.1
2.3
2.2
1.6
1.2
1.2
1.0
1.4
Market-based PCE 3 .............................................................................
2.2
2.2
2.0
3.4
3.4
3.7
4.5
1.9
0.6
0.0
–0.6
1.5
Market-based PCE excluding food and energy 3 ..................................
2.3
2.0
1.8
2.1
2.1
2.3
2.5
2.2
2.0
2.1
1.7
1.8

1.Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

3. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.

-61-

Table 8. Real Gross Domestic Product: Percent Change From Quarter One Year Ago—Table Ends
2010

2011

2012

2013

Line

Line
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

Gross domestic product (GDP)......................................................
1.6
2.7
3.0
2.8
2.0
1.9
1.5
2.0
3.3
2.8
3.1
2.0
1.3
1.4
Personal consumption expenditures (PCE) .............................................
0.7
2.0
2.0
3.1
3.1
2.6
2.5
2.0
2.2
2.3
2.2
2.0
1.9
1.8
Goods .......................................................................................................
1.8
3.8
3.0
5.1
4.8
3.5
2.9
2.3
2.7
3.2
3.9
3.5
3.3
3.6
Durable goods.......................................................................................
3.6
7.4
4.1
9.3
9.3
5.9
5.5
5.7
6.8
7.8
8.6
7.8
6.9
7.8
Nondurable goods.................................................................................
1.0
2.2
2.5
3.3
2.8
2.5
1.7
0.7
0.9
1.2
1.7
1.6
1.7
1.7
Services ....................................................................................................
0.2
1.1
1.6
2.1
2.2
2.2
2.3
1.9
2.0
1.9
1.4
1.3
1.1
0.9
Gross private domestic investment ..........................................................
3.9
16.3
21.1
11.1
5.5
3.7
1.1
9.3
14.3
10.1
11.2
3.1
1.7
4.4
Fixed investment .......................................................................................
–4.4
2.6
2.6
5.5
5.1
4.0
7.7
8.1
10.5
9.5
6.5
6.8
4.3
4.7
Nonresidential .......................................................................................
–4.3
1.5
4.9
8.1
6.8
6.4
8.4
8.6
10.4
9.0
5.0
5.0
2.4
2.4
Structures.......................................................................................... –26.7 –18.4 –13.8
–4.0
–5.5
–1.2
6.7
8.3
20.4
13.9
8.5
9.3
–0.3
–0.3
Equipment .........................................................................................
6.7
16.4
19.7
20.9
16.2
11.4
12.0
11.6
10.7
10.9
4.8
4.5
2.9
2.6
Intellectual property products ............................................................
2.6
1.0
2.2
1.8
3.1
4.9
4.7
4.9
4.2
3.5
2.8
2.9
3.5
4.0
Residential ............................................................................................
–4.5
7.0
–6.9
–5.2
–1.6
–6.0
4.6
5.6
10.7
11.6
13.6
15.5
12.9
14.9
Change in private inventories ................................................................... ........... ........... ............ ........... ........... ........... ............ ........... ........... ........... ............ ........... ........... ...........
Net exports of goods and services........................................................... ........... ........... ............ ........... ........... ........... ............ ........... ........... ........... ............ ........... ........... ...........
Exports .....................................................................................................
10.8
13.1
12.4
9.8
9.1
7.9
6.9
4.6
4.7
4.4
2.8
2.4
1.0
1.4
Goods....................................................................................................
13.9
17.9
14.8
11.0
9.3
7.3
6.6
5.4
4.7
5.1
4.0
1.4
0.2
0.2
Services ................................................................................................
4.4
3.6
7.3
7.0
8.5
9.2
7.7
2.7
4.6
2.9
–0.2
4.7
2.8
3.9
Imports......................................................................................................
6.7
16.7
16.3
11.7
9.3
4.6
2.3
3.5
3.0
3.4
2.4
0.1
0.1
1.8
Goods....................................................................................................
8.3
20.3
19.0
13.5
10.8
4.8
2.2
3.4
2.6
3.4
2.6
0.0
–0.2
1.5
Services ................................................................................................
0.1
2.2
5.0
3.7
2.3
3.3
2.8
3.9
5.2
3.9
1.2
0.5
1.8
3.2
Government consumption expenditures and gross investment............
1.4
0.3
–0.3
–1.1
–2.3
–3.3
–3.9
–3.3
–1.7
–1.3
0.2
–1.1
–1.8
–2.0
Federal......................................................................................................
5.7
4.5
4.0
3.2
–0.5
–2.1
–3.8
–3.9
–1.8
–2.3
0.7
–2.3
–3.8
–4.1
National defense ...................................................................................
5.4
2.9
2.6
2.0
–1.4
–1.3
–2.5
–4.2
–2.2
–4.0
–1.7
–5.0
–6.2
–6.1
Nondefense...........................................................................................
6.3
7.4
6.6
5.5
1.0
–3.5
–6.2
–3.3
–1.2
0.8
5.1
2.6
0.3
–0.8
State and local ..........................................................................................
–1.3
–2.4
–3.1
–4.0
–3.6
–4.2
–3.9
–2.8
–1.6
–0.6
–0.2
–0.3
–0.5
–0.5
Addenda:
Final sales of domestic product ................................................................
0.4
1.0
0.8
2.0
2.0
1.9
2.4
1.8
2.7
2.7
2.5
2.5
1.7
1.5
Gross domestic purchases .......................................................................
1.3
3.4
3.8
3.2
2.3
1.6
1.0
1.9
3.1
2.7
3.1
1.6
1.2
1.5
Final sales to domestic purchasers ..........................................................
0.2
1.7
1.6
2.5
2.2
1.6
1.8
1.7
2.5
2.6
2.4
2.1
1.5
1.5
Gross domestic income 1 ..........................................................................
2.0
2.8
3.6
2.5
2.9
2.8
2.0
2.3
3.1
2.4
2.0
2.6
1.8 ............
Gross national product..............................................................................
2.0
3.1
3.1
2.8
2.3
2.1
1.9
2.3
3.2
2.8
2.9
1.8
1.2 ............
Real disposable personal income .............................................................
–0.2
0.3
1.8
2.5
3.7
2.3
2.2
1.4
1.3
1.8
1.3
3.6
0.3
0.7
Price indexes:
Gross domestic purchases....................................................................
1.4
1.6
1.6
1.6
1.8
2.5
2.7
2.3
2.2
1.5
1.4
1.5
1.3
1.1
Gross domestic purchases excluding food and energy 2 ......................
1.0
1.2
1.4
1.4
1.4
1.8
1.9
1.8
1.9
1.6
1.5
1.5
1.3
1.2
GDP ......................................................................................................
0.5
1.1
1.6
1.8
1.8
2.0
2.2
1.8
1.9
1.7
1.6
1.8
1.6
1.4
GDP excluding food and energy 2 .........................................................
1.1
1.4
1.6
1.6
1.6
1.9
2.0
1.8
1.9
1.7
1.5
1.6
1.5
1.4
PCE.......................................................................................................
2.1
1.8
1.4
1.3
1.7
2.5
2.8
2.6
2.4
1.7
1.6
1.7
1.4
1.1
PCE excluding food and energy 2 .........................................................
1.6
1.3
1.3
1.0
1.0
1.3
1.6
1.8
2.0
1.9
1.8
1.7
1.5
1.2
Market-based PCE 3 .............................................................................
2.1
1.6
1.2
1.1
1.7
2.6
3.0
2.7
2.5
1.7
1.5
1.5
1.3
1.0
Market-based PCE excluding food and energy 3 ..................................
1.4
1.1
1.0
0.7
0.9
1.3
1.6
1.9
2.0
1.9
1.7
1.5
1.4
1.1

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

3. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.

-62-

Table 9. Relation of Gross Domestic Product, Gross National Product, and National Income—Continues
[Billions of dollars]
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

2002
Gross domestic product ....................................................................
Plus: Income receipts from the rest of the world ..................................
Less: Income payments to the rest of the world ...................................
Equals: Gross national product ........................................................
Less: Consumption of fixed capital .......................................................
Less: Statistical discrepancy ................................................................
Equals: National income....................................................................
Compensation of employees.............................................................
Wages and salaries.......................................................................
Supplements to wages and salaries .............................................
Proprietors’ income with inventory valuation and capital consumption adjustments .............................................................
Rental income of persons with capital consumption adjustment ......
Corporate profits with inventory valuation and capital consumption adjustments................................................................................... Net interest and miscellaneous payments ........................................
Taxes on production and imports less subsidies...............................
Business current transfer payments (net) .........................................
Current surplus of government enterprises ......................................
Addendum:
Gross domestic income ....................................................................

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Line

10,980.2
315.8
267.2
11,028.8
1,662.1
–70.1
9,436.8
6,141.9
4,996.4
1,145.5

11,512.2
356.1
288.1
11,580.3
1,727.2
–12.1
9,865.1
6,365.4
5,138.8
1,226.6

12,277.0
451.4
361.4
12,367.1
1,831.7
–6.5
10,541.9
6,740.5
5,422.9
1,317.6

13,095.4
575.8
482.3
13,189.0
1,982.0
–33.8
11,240.8
7,087.8
5,692.9
1,394.8

13,857.9
724.2
655.7
13,926.3
2,136.0
–215.3
12,005.6
7,503.2
6,058.2
1,444.9

14,480.3
875.5
749.1
14,606.8
2,264.4
20.2
12,322.3
7,899.1
6,396.0
1,503.1

14,720.3
856.8
683.8
14,893.2
2,363.4
99.0
12,430.8
8,079.2
6,532.8
1,546.4

14,417.9
643.7
496.5
14,565.1
2,368.4
72.2
12,124.5
7,787.8
6,252.2
1,535.6

14,958.3
720.0
514.1
15,164.2
2,381.6
43.1
12,739.5
7,967.3
6,377.5
1,589.8

15,533.8
802.8
542.1
15,794.6
2,452.6
–53.7
13,395.7
8,278.5
6,638.7
1,639.8

16,244.6
818.6
565.7
16,497.4
2,542.9
–17.0
13,971.6
8,611.6
6,926.8
1,684.9

1
2
3
4
5
6
7
8
9
10

871.0
217.3

900.1
238.0

962.1
255.4

979.0
238.4

1,053.7
207.5

979.2
189.4

1,026.5
262.1

973.0
333.7

1,032.7
402.8

1,155.1
484.4

1,224.9
541.2

11
12

907.2
490.5
721.2
80.7
7.0

1,056.4
466.2
758.9
76.3
3.9

1,283.3
403.5
817.6
81.4
–1.8

1,477.7
496.8
873.6
93.9
–6.4

1,646.5
580.9
940.5
82.6
–9.3

1,529.0
663.4
980.0
98.6
–16.4

1,285.1
693.4
989.4
116.4
–21.2

1,392.6
563.1
967.8
127.2
–20.6

1,740.6
489.4
1,001.2
128.5
–22.9

1,877.7
456.9
1,037.2
129.6
–23.8

2,009.5
439.6
1,065.6
106.9
–27.7

13
14
15
16
17

11,050.3

11,524.3

12,283.5

13,129.2

14,073.2

14,460.1

14,621.2

14,345.7

14,915.2

15,587.5

16,261.6

18

Seasonally adjusted at annual rates
Line

2007

2008

12
13
14
15
16
17
18

Gross domestic product ....................................................................
Plus: Income receipts from the rest of the world ..................................
Less: Income payments to the rest of the world ...................................
Equals: Gross national product ........................................................
Less: Consumption of fixed capital .......................................................
Less: Statistical discrepancy ................................................................
Equals: National income....................................................................
Compensation of employees.............................................................
Wages and salaries.......................................................................
Supplements to wages and salaries .............................................
Proprietors’ income with inventory valuation and capital consumption adjustments .............................................................
Rental income of persons with capital consumption adjustment ......
Corporate profits with inventory valuation and capital consumption adjustments................................................................................... Net interest and miscellaneous payments ........................................
Taxes on production and imports less subsidies...............................
Business current transfer payments (net) .........................................
Current surplus of government enterprises ......................................
Addendum:
Gross domestic income ....................................................................

II

III

14,235.0
803.0
733.4
14,304.5
2,227.4
–149.7
12,226.7
7,833.0
6,348.8
1,484.2

14,424.5
869.0
777.3
14,516.2
2,253.7
–61.3
12,323.9
7,867.9
6,372.0
1,495.9

14,571.9
911.6
762.7
14,720.7
2,276.5
115.5
12,328.8
7,902.8
6,394.6
1,508.2

992.3
177.9

972.8
189.6

966.0
192.9

985.5
197.2

1,017.7
225.3

1,045.9
250.0

1,040.9
273.4

1,001.3
299.8

944.2
310.8

944.6
325.0

976.9
344.4

1,026.3
354.6

11
12

1,530.9
634.2
972.5
101.5
–15.7

1,596.9
639.9
973.8
98.8
–15.7

1,518.1
682.1
982.8
99.6
–15.6

1,470.0
697.6
990.8
94.3
–18.8

1,383.4
691.4
986.2
112.6
–20.2

1,367.6
688.5
996.3
110.4
–21.2

1,371.3
678.1
997.2
110.1
–21.5

1,017.9
715.6
977.7
132.6
–21.9

1,252.7
668.0
958.9
130.9
–21.8

1,295.5
560.2
963.9
136.3
–20.4

1,449.6
514.4
963.1
117.7
–19.5

1,572.5
509.8
985.3
123.8
–20.7

13
14
15
16
17

14,384.6

14,485.8

14,456.4

14,513.7 14,621.9 14,683.2 14,722.1 14,457.8 14,269.7 14,243.7 14,310.1 14,559.3

18

-63-

I

II

III

IV

I

II

Line

I
1
2
3
4
5
6
7
8
9
10
11

IV

2009
III

IV

14,690.0 14,672.9 14,817.1 14,844.3 14,546.7 14,381.2 14,342.1 14,384.4 14,564.1
918.6
906.0
899.4
876.1
745.5
628.9
616.3
640.5
689.0
722.9
724.2
714.2
673.2
623.6
506.3
496.7
474.0
509.0
14,885.7 14,854.6 15,002.4 15,047.3 14,668.6 14,503.8 14,461.7 14,550.9 14,744.2
2,299.8 2,327.7 2,353.0 2,379.7 2,393.0 2,385.6 2,367.0 2,355.2 2,365.8
176.2
51.0
133.9
122.2
89.0
111.5
98.4
74.2
4.8
12,409.6 12,475.9 12,515.5 12,545.3 12,186.6 12,006.6 11,996.4 12,121.5 12,373.6
7,992.8 8,079.4 8,078.1 8,095.7 8,063.6 7,763.0 7,791.2 7,774.9 7,822.1
6,468.7 6,540.5 6,532.4 6,544.7 6,513.7 6,231.3 6,257.0 6,239.8 6,280.8
1,524.1 1,538.9 1,545.7 1,551.0 1,549.9 1,531.8 1,534.2 1,535.0 1,541.3

1
2
3
4
5
6
7
8
9
10

Table 9. Relation of Gross Domestic Product, Gross National Product, and National Income—Table Ends
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2010
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

Gross domestic product ..............................................
Plus: Income receipts from the rest of the world ............
Less: Income payments to the rest of the world .............
Equals: Gross national product ..................................
Less: Consumption of fixed capital .................................
Less: Statistical discrepancy ..........................................
Equals: National income..............................................
Compensation of employees.......................................
Wages and salaries.................................................
Supplements to wages and salaries .......................
Proprietors’ income with inventory valuation and capital consumption adjustments ............................
Rental income of persons with capital consumption adjustment............................................................... Corporate profits with inventory valuation and capital consumption adjustments .......................................
Net interest and miscellaneous payments ..................
Taxes on production and imports less subsidies.........
Business current transfer payments (net) ...................
Current surplus of government enterprises ................
Addendum:
Gross domestic income ..............................................

II

2011
III

IV

I

II

2012
III

IV

I

II

2013
III

IV

I

14,672.5 14,879.2 15,049.8 15,231.7 15,242.9 15,461.9 15,611.8 15,818.7 16,041.6 16,160.4 16,356.0 16,420.3 16,535.3
696.5
711.9
720.5
751.2
772.5
804.5
822.3
812.0
818.0
814.4
812.0
829.8
813.3
493.0
506.7
520.8
535.7
524.2
554.2
550.1
539.7
570.0
555.7
564.4
572.8
575.9
14,875.9 15,084.3 15,249.5 15,447.2 15,491.2 15,712.1 15,884.0 16,091.0 16,289.6 16,419.2 16,603.7 16,677.3 16,772.7
2,369.8 2,374.9 2,382.5 2,399.1 2,417.9 2,443.4 2,465.1 2,483.9 2,507.6 2,533.7 2,555.1 2,575.0 2,603.8
45.1
85.4
–0.7
42.7
–83.3
–51.7
–83.0
3.4
–63.0
10.1
86.4 –101.7 –144.2
12,461.0 12,624.0 12,867.8 13,005.4 13,156.7 13,320.4 13,502.0 13,603.6 13,845.0 13,875.3 13,962.1 14,204.0 14,313.1
7,804.3 7,952.7 8,026.5 8,085.7 8,207.4 8,256.3 8,343.3 8,306.9 8,514.3 8,553.8 8,591.0 8,787.4 8,736.9
6,239.6 6,365.5 6,426.4 6,478.6 6,577.6 6,621.0 6,698.0 6,658.2 6,842.2 6,873.5 6,904.7 7,086.6 7,029.7
1,564.7 1,587.2 1,600.1 1,607.1 1,629.9 1,635.4 1,645.3 1,648.7 1,672.1 1,680.3 1,686.2 1,700.9 1,707.2

Line
II

16,633.4
...............
...............
...............
2,631.2
...............
...............
8,805.9
7,090.0
1,715.9

1
2
3
4
5
6
7
8
9
10

1,017.6

1,024.7

1,029.2

1,059.3

1,116.5

1,140.7

1,175.3

1,188.0

1,214.4

1,217.8

1,220.0

1,247.5

1,334.6

1,334.9

11

380.5

397.3

408.3

425.0

458.5

475.5

489.9

513.5

524.8

537.8

546.7

555.4

574.9

585.8

12

1,655.2
508.0
987.3
129.3
–21.2

1,660.8
485.8
998.7
126.5
–22.6

1,807.0
482.2
1,006.9
131.1
–23.5

1,839.2
481.6
1,012.1
127.0
–24.3

1,755.0
473.8
1,026.5
142.6
–23.8

1,868.7
436.7
1,040.0
125.6
–23.1

1,893.8
459.7
1,035.4
128.3
–23.7

1,993.4
457.5
1,046.9
121.8
–24.4

1,979.9
453.9
1,066.6
115.7
–24.5

1,998.4
419.0
1,064.6
110.0
–26.1

2,012.3
455.3
1,062.8
102.6
–28.5

2,047.2
430.3
1,068.6
99.5
–31.8

2,020.6 ...............
477.0
450.2
1,082.7 1,079.4
121.9
125.7
–35.5
–38.9

13
14
15
16
17

14,627.4 14,793.7 15,050.5 15,189.0 15,326.2 15,513.6 15,694.9 15,815.3 16,104.6 16,150.3 16,269.6 16,522.0 16,679.5 ...............

18

-64-

Table 10. Personal Income and Its Disposition—Continues
[Billions of dollars]
Line
1 Personal income 1 .........................................................................
2 Compensation of employees........................................................
3
Wages and salaries..................................................................
4
Supplements to wages and salaries ........................................
5 Proprietors’ income with inventory valuation and capital consumption adjustments ........................................................
6
Farm.........................................................................................
7
Nonfarm ...................................................................................
8 Rental income of persons with capital consumption adjustment
9 Personal income receipts on assets ............................................
10
Personal interest income..........................................................
11
Personal dividend income ........................................................
12 Personal current transfer receipts ................................................
13 Less: Contributions for government social insurance, domestic
14 Less: Personal current taxes ...........................................................
15 Equals: Disposable personal income ..........................................
16 Less: Personal outlays.....................................................................
17 Equals: Personal saving ...............................................................
18 Personal saving as a percentage of disposable personal income
Addenda:
19 Personal income excluding current transfer receipts, billions of chained (2009) dollars 2 ...........................................................
20 Disposable personal income, billions of chained (2009) dollars 2

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Line

9,149.5
6,141.9
4,996.4
1,145.5

9,487.6
6,365.4
5,138.8
1,226.6

10,049.2
6,740.5
5,422.9
1,317.6

10,610.3
7,087.8
5,692.9
1,394.8

11,389.8
7,503.2
6,058.2
1,444.9

11,995.7
7,899.1
6,396.0
1,503.1

12,430.6
8,079.2
6,532.8
1,546.4

12,082.1
7,787.8
6,252.2
1,535.6

12,435.2
7,967.3
6,377.5
1,589.8

13,191.3
8,278.5
6,638.7
1,639.8

13,743.8
8,611.6
6,926.8
1,684.9

1
2
3
4

871.0
19.9
851.1
217.3
1,390.4
991.8
398.6
1,280.3
751.5
1,050.3
8,099.2
7,695.3
403.9
5.0

900.1
38.0
862.0
238.0
1,420.5
988.2
432.3
1,342.9
779.3
1,000.9
8,486.7
8,075.9
410.8
4.8

962.1
50.4
911.6
255.4
1,503.7
941.7
562.1
1,416.7
829.2
1,046.0
9,003.2
8,590.0
413.2
4.6

979.0
46.4
932.6
238.4
1,666.5
1,088.1
578.3
1,512.0
873.3
1,208.5
9,401.8
9,159.1
242.7
2.6

1,053.7
36.0
1,017.7
207.5
1,938.4
1,214.7
723.7
1,609.6
922.6
1,352.1
10,037.7
9,700.8
336.9
3.4

979.2
38.1
941.1
189.4
2,166.6
1,350.1
816.5
1,722.8
961.4
1,487.9
10,507.9
10,190.6
317.2
3.0

1,026.5
47.0
979.5
262.1
2,167.1
1,361.6
805.4
1,884.0
988.2
1,435.2
10,995.4
10,444.0
551.3
5.0

973.0
35.5
937.5
333.7
1,811.8
1,263.9
547.9
2,140.2
964.4
1,144.9
10,937.2
10,266.5
670.7
6.1

1,032.7
46.0
986.7
402.8
1,739.6
1,195.0
544.6
2,276.9
984.1
1,191.5
11,243.7
10,609.5
634.2
5.6

1,155.1
72.6
1,082.6
484.4
1,884.6
1,204.1
680.5
2,306.9
918.2
1,404.0
11,787.4
11,119.1
668.2
5.7

1,224.9
75.4
1,149.6
541.2
1,958.5
1,211.6
746.9
2,358.3
950.7
1,498.0
12,245.8
11,558.4
687.4
5.6

5
6
7
8
9
10
11
12
13
14
15
16
17
18

9,163.8
9,431.7

9,300.5
9,691.0

9,623.4
10,036.7

9,861.5
10,190.5

10,324.5
10,596.4

10,579.9
10,821.8

10,540.0
10,988.4

9,941.9
10,937.2

9,993.0
11,060.8

10,457.1
11,324.6

10,740.1
11,551.6

19
20

Seasonally adjusted at annual rates
Line

2007
I

1 Personal income 1 .........................................................................
2 Compensation of employees........................................................
3
Wages and salaries..................................................................
4
Supplements to wages and salaries ........................................
5 Proprietors’ income with inventory valuation and capital consumption adjustments ........................................................
6
Farm.........................................................................................
7
Nonfarm ...................................................................................
8 Rental income of persons with capital consumption adjustment
9 Personal income receipts on assets ............................................
10
Personal interest income..........................................................
11
Personal dividend income ........................................................
12 Personal current transfer receipts ................................................
13 Less: Contributions for government social insurance, domestic
14 Less: Personal current taxes ...........................................................
15 Equals: Disposable personal income ..........................................
16 Less: Personal outlays.....................................................................
17 Equals: Personal saving ...............................................................
18 Personal saving as a percentage of disposable personal income
Addenda:
19 Personal income excluding current transfer receipts, billions of chained (2009) dollars 2 ...........................................................
20 Disposable personal income, billions of chained (2009) dollars 2

II

2008
III

IV

I

II

2009
III

IV

I

II

Line
III

IV

11,816.2 11,944.3 12,042.9 12,179.7 12,361.7 12,512.5 12,474.2 12,373.9 12,038.5 12,098.7 12,056.7 12,134.4
7,833.0 7,867.9 7,902.8 7,992.8 8,079.4 8,078.1 8,095.7 8,063.6 7,763.0 7,791.2 7,774.9 7,822.1
6,348.8 6,372.0 6,394.6 6,468.7 6,540.5 6,532.4 6,544.7 6,513.7 6,231.3 6,257.0 6,239.8 6,280.8
1,484.2 1,495.9 1,508.2 1,524.1 1,538.9 1,545.7 1,551.0 1,549.9 1,531.8 1,534.2 1,535.0 1,541.3

1
2
3
4

992.3
972.8
966.0
985.5 1,017.7 1,045.9 1,040.9 1,001.3
944.2
944.6
976.9 1,026.3
39.2
34.3
35.2
43.8
55.6
50.0
42.8
39.6
30.2
31.9
35.7
44.1
953.2
938.5
930.9
941.8
962.2
995.9
998.1
961.7
914.0
912.8
941.2
982.2
177.9
189.6
192.9
197.2
225.3
250.0
273.4
299.8
310.8
325.0
344.4
354.6
2,069.2 2,168.9 2,213.4 2,215.1 2,228.0 2,185.7 2,174.9 2,079.6 1,949.3 1,833.8 1,753.0 1,711.0
1,289.6 1,348.6 1,382.3 1,380.0 1,363.0 1,358.6 1,377.5 1,347.4 1,296.5 1,282.0 1,251.1 1,226.0
779.6
820.3
831.2
835.1
865.1
827.1
797.4
732.2
652.8
551.8
501.8
485.0
1,701.4 1,703.1 1,727.6 1,759.1 1,797.7 1,940.0 1,879.9 1,918.2 2,032.5 2,170.3 2,171.0 2,187.1
957.7
958.0
959.8
970.1
986.5
987.2
990.7
988.6
961.3
966.3
963.4
966.6
1,457.3 1,482.7 1,494.8 1,516.7 1,529.4 1,337.0 1,442.4 1,432.0 1,195.5 1,125.2 1,126.4 1,132.6
10,358.9 10,461.6 10,548.1 10,662.9 10,832.3 11,175.5 11,031.8 10,941.8 10,843.0 10,973.5 10,930.2 11,001.9
10,014.0 10,140.6 10,249.7 10,358.1 10,415.1 10,532.5 10,558.1 10,270.4 10,182.2 10,191.2 10,316.2 10,376.4
344.8
321.0
298.4
304.8
417.2
643.0
473.6
671.5
660.9
782.3
614.1
625.4
3.3
3.1
2.8
2.9
3.9
5.8
4.3
6.1
6.1
7.1
5.6
5.7

5
6
7
8
9
10
11
12
13
14
15
16
17
18

10,535.3 10,583.1 10,599.7 10,601.7 10,656.2 10,554.2 10,469.2 10,482.0 10,088.3 9,965.7 9,861.0 9,855.1
10,789.6 10,810.9 10,838.9 10,848.2 10,926.9 11,156.2 10,901.5 10,969.5 10,932.3 11,014.7 10,902.9 10,899.8

19
20

1. Personal income is also equal to national income less corporate profits with inventory valuation and capital consumption adjustments, taxes on production and imports less subsidies, contributions for government social insurance, net interest and miscellaneous payments, business current transfer payments (net), and current

surplus of government enterprises, plus personal income receipts on assets, and personal current transfer receipts. 2. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures.

-65-

Table 10. Personal Income and Its Disposition—Table Ends
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2010

2011

2012

2013

Line

I
1 Personal income 1 .........................................................................
2 Compensation of employees .......................................................
3
Wages and salaries..................................................................
4
Supplements to wages and salaries ........................................
5 Proprietors’ income with inventory valuation and capital consumption adjustments ........................................................
6
Farm.........................................................................................
7
Nonfarm ...................................................................................
8 Rental income of persons with capital consumption adjustment
9 Personal income receipts on assets ............................................
10
Personal interest income..........................................................
11
Personal dividend income ........................................................
12 Personal current transfer receipts ................................................
13 Less: Contributions for government social insurance, domestic
14 Less: Personal current taxes ...........................................................
15 Equals: Disposable personal income..........................................
16 Less: Personal outlays.....................................................................
17 Equals: Personal saving ...............................................................
18 Personal saving as a percentage of disposable personal income
Addenda:
19 Personal income excluding current transfer receipts, billions of chained (2009) dollars 2 ...........................................................
20 Disposable personal income, billions of chained (2009) dollars 2

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

12,194.3
7,804.3
6,239.6
1,564.7

12,374.3
7,952.7
6,365.5
1,587.2

12,502.1
8,026.5
6,426.4
1,600.1

12,670.0
8,085.7
6,478.6
1,607.1

13,029.9
8,207.4
6,577.6
1,629.9

13,148.5
8,256.3
6,621.0
1,635.4

13,283.6
8,343.3
6,698.0
1,645.3

13,303.2
8,306.9
6,658.2
1,648.7

13,548.6
8,514.3
6,842.2
1,672.1

13,651.8
8,553.8
6,873.5
1,680.3

13,701.6
8,591.0
6,904.7
1,686.2

14,073.1
8,787.4
7,086.6
1,700.9

13,916.0
8,736.9
7,029.7
1,707.2

14,056.1
8,805.9
7,090.0
1,715.9

1
2
3
4

1,017.6
39.2
978.5
380.5
1,710.7
1,206.1
504.6
2,253.3
972.0
1,145.6
11,048.7
10,459.9
588.9
5.3

1,024.7
43.2
981.5
397.3
1,722.8
1,198.7
524.1
2,260.9
984.0
1,167.9
11,206.4
10,542.4
664.0
5.9

1,029.2
48.4
980.8
408.3
1,738.0
1,182.8
555.2
2,288.4
988.4
1,209.4
11,292.6
10,637.5
655.2
5.8

1,059.3
53.2
1,006.0
425.0
1,787.0
1,192.5
594.6
2,305.1
992.0
1,242.9
11,427.1
10,798.4
628.7
5.5

1,116.5
71.7
1,044.9
458.5
1,850.4
1,202.9
647.5
2,309.6
912.6
1,376.0
11,653.9
10,936.0
717.9
6.2

1,140.7
67.5
1,073.2
475.5
1,883.4
1,210.8
672.6
2,309.0
916.4
1,399.9
11,748.6
11,069.5
679.1
5.8

1,175.3
74.1
1,101.2
489.9
1,899.3
1,203.0
696.3
2,300.5
924.7
1,421.6
11,862.1
11,185.8
676.2
5.7

1,188.0
76.9
1,111.1
513.5
1,905.4
1,199.6
705.7
2,308.5
919.1
1,418.4
11,884.8
11,285.2
599.6
5.0

1,214.4
74.6
1,139.7
524.8
1,909.1
1,204.9
704.2
2,328.5
942.5
1,462.8
12,085.7
11,428.4
657.3
5.4

1,217.8
77.0
1,140.8
537.8
1,935.3
1,219.4
715.9
2,352.2
945.1
1,480.0
12,171.9
11,507.9
663.9
5.5

1,220.0
75.3
1,144.7
546.7
1,926.9
1,203.7
723.2
2,364.4
947.4
1,496.4
12,205.1
11,601.0
604.1
4.9

1,247.5
74.5
1,173.0
555.4
2,062.8
1,218.4
844.3
2,388.0
967.9
1,552.8
12,520.4
11,696.2
824.1
6.6

1,334.6
137.0
1,197.6
574.9
1,935.8
1,215.8
720.0
2,426.0
1,092.3
1,627.1
12,288.9
11,794.9
494.0
4.0

1,334.9
120.7
1,214.2
585.8
1,998.8
1,231.5
767.3
2,430.3
1,099.6
1,663.1
12,393.0
11,839.6
553.4
4.5

5
6
7
8
9
10
11
12
13
14
15
16
17
18

9,815.4 9,974.3 10,043.5 10,138.3 10,408.9 10,429.2 10,507.5 10,483.5 10,638.4 10,685.5 10,676.2 10,959.6 10,747.6 10,873.8
10,909.1 11,052.2 11,104.4 11,177.3 11,315.4 11,303.9 11,348.4 11,332.3 11,459.2 11,510.2 11,493.6 11,743.0 11,494.9 11,591.4

19
20

1. Personal income is also equal to national income less corporate profits with inventory valuation and capital consumption adjustments, taxes on production and imports less subsidies, contributions for government social insurance, net interest and miscellaneous payments, business current transfer payments (net), and current surplus of

government enterprises, plus personal income receipts on assets, and personal current transfer receipts.
2. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures.

-66-

Table 11A. Corporate Profits—Continues
[Billions of dollars]
Line
1 Corporate profits with inventory valuation and capital consumption adjustments ........................................................
2 Less: Taxes on corporate income ....................................................
3 Equals: Profits after tax with inventory valuation and capital consumption adjustments ........................................................
4 Net dividends ...............................................................................
5 Undistributed profits with inventory valuation and capital consumption adjustments ........................................................
Addenda for corporate cash flow:
6 Net cash flow with inventory valuation adjustment................
7
Undistributed profits with inventory valuation and capital consumption adjustments.....................................................
8
Consumption of fixed capital ....................................................
9
Less: Capital transfers paid (net) .............................................
Addenda:
10 Profits before tax (without inventory valuation and capital consumption adjustments) .......................................................
11 Profits after tax (without inventory valuation and capital consumption adjustments) .......................................................
12 Inventory valuation adjustment ....................................................
13 Capital consumption adjustment..................................................

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Line

907.2
192.3

1,056.4
243.8

1,283.3
306.1

1,477.7
412.4

1,646.5
473.4

1,529.0
445.5

1,285.1
309.1

1,392.6
269.4

1,740.6
370.6

1,877.7
374.2

2,009.5
434.8

1
2

714.8
400.2

812.6
434.0

977.3
564.1

1,065.3
580.5

1,173.1
726.0

1,083.5
818.9

976.0
808.6

1,123.1
568.7

1,370.0
563.9

1,503.5
701.6

1,574.7
770.3

3
4

314.7

378.6

413.2

484.8

447.1

264.6

167.3

554.4

806.0

801.9

804.3

5

1,235.2

1,320.2

1,386.4

1,524.2

1,575.7

1,462.1

1,490.7

1,898.6

2,089.1

2,146.7

2,177.1

6

314.7
920.5
0.0

378.6
941.5
–0.1

413.2
982.7
9.5

484.8
1,051.6
12.2

447.1
1,128.6
0.0

264.6
1,197.5
0.0

167.3
1,259.2
–64.2

554.4
1,260.6
–83.6

806.0
1,262.5
–20.6

801.9
1,306.0
–38.8

804.3
1,365.7
–7.1

7
8
9

788.9

969.4

1,254.6

1,653.3

1,851.4

1,748.4

1,382.4

1,468.2

1,834.8

1,847.4

2,190.0

10

596.6
6.1
112.1

725.7
–9.6
96.5

948.5
–39.5
68.2

1,240.9
–32.1
–143.5

1,378.1
–35.7
–169.2

1,302.9
–39.5
–179.9

1,073.3
–37.0
–60.4

1,198.7
6.7
–82.2

1,464.3
–41.0
–53.3

1,473.1
–56.0
86.4

1,755.2
–10.0
–170.5

11
12
13

Seasonally adjusted at annual rates
Line

2007
I

1 Corporate profits with inventory valuation and capital consumption adjustments ........................................................
2 Less: Taxes on corporate income ....................................................
3 Equals: Profits after tax with inventory valuation and capital consumption adjustments ........................................................
4 Net dividends ...............................................................................
5 Undistributed profits with inventory valuation and capital consumption adjustments ........................................................
Addenda for corporate cash flow:
6 Net cash flow with inventory valuation adjustment................
7
Undistributed profits with inventory valuation and capital consumption adjustments.....................................................
8
Consumption of fixed capital ....................................................
9
Less: Capital transfers paid (net) .............................................
Addenda:
10 Profits before tax (without inventory valuation and capital consumption adjustments) .......................................................
11 Profits after tax (without inventory valuation and capital consumption adjustments) .......................................................
12 Inventory valuation adjustment ....................................................
13 Capital consumption adjustment..................................................

II

2008
III

IV

I

II

2009
III

IV

I

II

2010
III

IV

I

Line
II

1,530.9 1,596.9 1,518.1 1,470.0 1,383.4 1,367.6 1,371.3 1,017.9 1,252.7 1,295.5 1,449.6 1,572.5 1,655.2 1,660.8
474.2 468.1 431.1 408.8 355.3 344.1 312.6 224.4 215.0 240.4 285.0 337.4 344.8 351.7

1
2

1,056.8 1,128.8 1,087.1 1,061.2 1,028.1 1,023.5 1,058.7
781.9 822.6 833.6 837.6 867.8 829.8 800.2

3
4

274.8

306.2

253.5

223.7

160.3

193.7

258.6

793.5 1,037.7 1,055.1 1,164.6 1,235.1 1,310.4 1,309.2
736.7 667.8 574.6 523.0 509.6 521.8 542.8
56.8

369.9

480.5

641.7

725.5

788.6

766.4

5

1,452.4 1,498.4 1,457.2 1,440.3 1,394.6 1,445.1 1,515.3 1,607.8 1,866.2 1,877.8 1,844.4 2,006.0 2,049.6 2,096.2

6

274.8 306.2 253.5 223.7 160.3 193.7 258.6
56.8 369.9 480.5 641.7 725.5 788.6 766.4
1,177.5 1,192.2 1,203.7 1,216.5 1,234.2 1,251.3 1,271.1 1,280.2 1,273.2 1,259.9 1,252.2 1,257.0 1,256.8 1,259.5
0.0
0.0
0.0
0.0
–0.1
–0.1
14.3 –270.8 –223.1 –137.4
49.5 –23.5
–4.2 –70.3

7
8
9

1,745.0 1,809.8 1,716.4 1,722.5 1,558.8 1,573.7 1,501.4

895.8 1,253.0 1,355.6 1,544.6 1,719.5 1,791.7 1,782.8

10

1,270.8 1,341.7 1,285.3 1,313.7 1,203.5 1,229.6 1,188.8
–38.6 –32.2 –16.7 –70.5 –123.0 –149.9 –64.9
–175.4 –180.7 –181.6 –181.9 –52.3 –56.2 –65.2

671.4 1,038.0 1,115.1 1,259.6 1,382.2 1,446.9 1,431.2
190.0
93.5
21.6 –20.2 –68.2 –40.1 –20.6
–67.9 –93.8 –81.6 –74.7 –78.8 –96.4 –101.4

11
12
13

-67-

Table 11A. Corporate Profits—Table Ends
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2010
III

1 Corporate profits with inventory valuation and capital consumption adjustments ........................................................
2 Less: Taxes on corporate income ....................................................
3 Equals: Profits after tax with inventory valuation and capital consumption adjustments ........................................................
4 Net dividends ...............................................................................
5 Undistributed profits with inventory valuation and capital consumption adjustments ........................................................
Addenda for corporate cash flow:
6 Net cash flow with inventory valuation adjustment................
7
Undistributed profits with inventory valuation and capital consumption adjustments.....................................................
8
Consumption of fixed capital ....................................................
9
Less: Capital transfers paid (net) .............................................
Addenda:
10 Profits before tax (without inventory valuation and capital consumption adjustments) .......................................................
11 Profits after tax (without inventory valuation and capital consumption adjustments) .......................................................
12 Inventory valuation adjustment ....................................................
13 Capital consumption adjustment..................................................

2011
IV

I

II

2012
III

IV

I

II

2013
III

IV

Line

I

1,807.0
387.5

1,839.2
398.3

1,755.0
393.0

1,868.7
384.3

1,893.8
351.0

1,993.4
368.6

1,979.9
437.2

1,998.4
429.7

2,012.3
439.1

2,047.2
433.2

2,020.6
408.2

1
2

1,419.6
576.0

1,440.9
615.2

1,362.0
668.3

1,484.4
692.9

1,542.8
717.5

1,624.8
727.6

1,542.7
727.4

1,568.7
739.6

1,573.2
746.7

1,614.0
867.6

1,612.3
763.8

3
4

843.5

825.7

693.7

791.4

825.3

897.3

815.3

829.1

826.5

746.4

848.5

5

2,124.3

2,086.1

1,995.1

2,131.3

2,174.7

2,285.8

2,183.8

2,197.8

2,209.1

2,117.9

2,258.6

6

843.5
1,262.4
–18.4

825.7
1,271.1
10.7

693.7
1,283.1
–18.2

791.4
1,299.9
–40.0

825.3
1,314.2
–35.2

897.3
1,326.6
–61.9

815.3
1,343.7
–24.8

829.1
1,361.2
–7.5

826.5
1,373.6
–9.0

746.4
1,384.4
12.9

848.5
1,400.4
–9.6

7
8
9

1,879.5

1,885.2

1,792.3

1,850.4

1,833.1

1,913.6

2,162.1

2,160.0

2,208.5

2,229.5

2,193.1

10

1,492.1
–18.1
–54.4

1,486.9
–85.3
39.2

1,399.2
–120.1
82.9

1,466.1
–68.2
86.4

1,482.1
–27.7
88.4

1,545.1
–8.2
88.0

1,724.9
–19.5
–162.7

1,730.3
9.8
–171.4

1,769.4
–22.0
–174.2

1,796.4
–8.4
–173.9

1,784.8
–13.0
–159.5

11
12
13

-68-

Table 11B. Corporate Profits: Percent Change From Preceding Period—Continues
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

1 Corporate profits with inventory valuation and capital consumption adjustments ..........................................................
20.3
16.4
21.5
15.1
11.4
–7.1
–16.0
8.4
25.0
7.9
7.0
2 Less: Taxes on corporate income ......................................................
–5.4
26.7
25.6
34.7
14.8
–5.9
–30.6
–12.8
37.5
1.0
16.2
3 Equals: Profits after tax with inventory valuation and capital consumption adjustments ..........................................................
29.8
13.7
20.3
9.0
10.1
–7.6
–9.9
15.1
22.0
9.7
4.7
4 Net dividends .................................................................................
8.0
8.4
30.0
2.9
25.1
12.8
–1.3
–29.7
–0.8
24.4
9.8
5 Undistributed profits with inventory valuation and capital consumption adjustments ..........................................................
74.6
20.3
9.1
17.3
–7.8
–40.8
–36.7
231.3
45.4
–0.5
0.3
Addenda for corporate cash flow:
6 Net cash flow with inventory valuation adjustment..................
14.4
6.9
5.0
9.9
3.4
–7.2
2.0
27.4
10.0
2.8
1.4
7
Undistributed profits with inventory valuation and capital consumption adjustments.......................................................
74.6
20.3
9.1
17.3
–7.8
–40.8
–36.7
231.3
45.4
–0.5
0.3
8
Consumption of fixed capital ......................................................
2.9
2.3
4.4
7.0
7.3
6.1
5.2
0.1
0.1
3.4
4.6
9
Less: Capital transfers paid (net) ............................................... ................ ................ ................ ................ ................ ................. ................ ................ ................ ................ ................
Addenda:
10 Profits before tax (without inventory valuation and capital consumption adjustments) .........................................................
14.2
22.9
29.4
31.8
12.0
–5.6
–20.9
6.2
25.0
0.7
18.5
11 Profits after tax (without inventory valuation and capital consumption adjustments) .........................................................
22.4
21.6
30.7
30.8
11.1
–5.5
–17.6
11.7
22.2
0.6
19.1
12 Inventory valuation adjustment ...................................................... ................ ................ ................ ................ ................ ................. ................ ................ ................ ................ ................
13 Capital consumption adjustment.................................................... ................ ................ ................ ................ ................ ................. ................ ................ ................ ................ ................

Line
1
2
3
4
5
6
7
8
9

10
11
12
13

Quarterly rates
Line

2007
I

II

2008
III

IV

I

II

2009
III

IV

I

II

Line
III

IV

1 Corporate profits with inventory valuation and capital consumption adjustments ..........................................................
–5.3
4.3
–4.9
–3.2
–5.9
–1.1
0.3
–25.8
23.1
3.4
11.9
8.5
2 Less: Taxes on corporate income ......................................................
2.9
–1.3
–7.9
–5.2
–13.1
–3.1
–9.2
–28.2
–4.2
11.8
18.5
18.4
3 Equals: Profits after tax with inventory valuation and capital consumption adjustments ..........................................................
–8.5
6.8
–3.7
–2.4
–3.1
–0.5
3.4
–25.1
30.8
1.7
10.4
6.1
4 Net dividends .................................................................................
2.4
5.2
1.3
0.5
3.6
–4.4
–3.6
–7.9
–9.3
–14.0
–9.0
–2.6
5 Undistributed profits with inventory valuation and capital consumption adjustments ..........................................................
–29.8
11.4
–17.2
–11.7
–28.3
20.8
33.5
–78.0
550.7
29.9
33.5
13.1
Addenda for corporate cash flow:
6 Net cash flow with inventory valuation adjustment..................
–6.3
3.2
–2.8
–1.2
–3.2
3.6
4.9
6.1
16.1
0.6
–1.8
8.8
7
Undistributed profits with inventory valuation and capital consumption adjustments.......................................................
–29.8
11.4
–17.2
–11.7
–28.3
20.8
33.5
–78.0
550.7
29.9
33.5
13.1
8
Consumption of fixed capital ......................................................
1.7
1.2
1.0
1.1
1.5
1.4
1.6
0.7
–0.5
–1.0
–0.6
0.4
9
Less: Capital transfers paid (net) ............................................... .............. ............... .............. ............... ............... ............... ............... .............. ............... .............. ............... ...............
Addenda:
10 Profits before tax (without inventory valuation and capital consumption adjustments) .........................................................
–4.1
3.7
–5.2
0.4
–9.5
1.0
–4.6
–40.3
39.9
8.2
13.9
11.3
11 Profits after tax (without inventory valuation and capital consumption adjustments) .........................................................
–6.5
5.6
–4.2
2.2
–8.4
2.2
–3.3
–43.5
54.6
7.4
13.0
9.7
12 Inventory valuation adjustment ...................................................... .............. ............... .............. ............... ............... ............... ............... .............. ............... .............. ............... ...............
13 Capital consumption adjustment.................................................... .............. ............... .............. ............... ............... ............... ............... .............. ............... .............. ............... ...............

-69-

1
2
3
4
5
6
7
8
9

10
11
12
13

Table 11B. Corporate Profits: Percent Change From Preceding Period—Table Ends
Quarterly rates
Line

2010
I

II

2011
III

IV

I

II

2012
III

IV

I

II

2013
III

IV

1 Corporate profits with inventory valuation and capital consumption adjustments ..........................................................
5.3
0.3
8.8
1.8
–4.6
6.5
1.3
5.3
–0.7
0.9
0.7
1.7
–1.3
2 Less: Taxes on corporate income ......................................................
2.2
2.0
10.2
2.8
–1.3
–2.2
–8.7
5.0
18.6
–1.7
2.2
–1.3
–5.8
3 Equals: Profits after tax with inventory valuation and capital consumption adjustments ..........................................................
6.1
–0.1
8.4
1.5
–5.5
9.0
3.9
5.3
–5.1
1.7
0.3
2.6
–0.1
4 Net dividends .................................................................................
2.4
4.0
6.1
6.8
8.6
3.7
3.6
1.4
0.0
1.7
1.0
16.2
–12.0
5 Undistributed profits with inventory valuation and capital
8.7
–2.8
10.1
–2.1
–16.0
14.1
4.3
8.7
–9.1
1.7
–0.3
–9.7
13.7
consumption adjustments ..........................................................
Addenda for corporate cash flow:
6 Net cash flow with inventory valuation adjustment..................
2.2
2.3
1.3
–1.8
–4.4
6.8
2.0
5.1
–4.5
0.6
0.5
–4.1
6.6
7
Undistributed profits with inventory valuation and capital consumption adjustments.......................................................
8.7
–2.8
10.1
–2.1
–16.0
14.1
4.3
8.7
–9.1
1.7
–0.3
–9.7
13.7
8
Consumption of fixed capital ......................................................
0.0
0.2
0.2
0.7
0.9
1.3
1.1
0.9
1.3
1.3
0.9
0.8
1.2
9
Less: Capital transfers paid (net) ............................................... ............. ............. ............. .............. .............. ............. ............. ............. .............. ............. ............. ............. .............
Addenda:
10 Profits before tax (without inventory valuation and capital consumption adjustments) .........................................................
4.2
–0.5
5.4
0.3
–4.9
3.2
–0.9
4.4
13.0
–0.1
2.2
1.0
–1.6
11 Profits after tax (without inventory valuation and capital consumption adjustments) .........................................................
4.7
–1.1
4.3
–0.3
–5.9
4.8
1.1
4.2
11.6
0.3
2.3
1.5
–0.6
12 Inventory valuation adjustment ...................................................... ............. ............. ............. .............. .............. ............. ............. ............. .............. ............. ............. ............. .............
13 Capital consumption adjustment.................................................... ............. ............. ............. .............. .............. ............. ............. ............. .............. ............. ............. ............. .............

-70-

Line

I
1
2
3
4
5
6
7
8
9

10
11
12
13

Table 12A. Corporate Profits by Industry—Continues
[Billions of dollars]
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

2002
Corporate profits with inventory valuation and capital consumption adjustments .........................................................................................
Domestic industries .......................................................................................
Financial .......................................................................................................
Nonfinancial ..................................................................................................
Rest of the world.............................................................................................
Receipts from the rest of the world ...............................................................
Less: Payments to the rest of the world ........................................................
Corporate profits with inventory valuation adjustment.......................
Domestic industries .......................................................................................
Financial .......................................................................................................
Federal Reserve banks .............................................................................
Other financial ...........................................................................................
Nonfinancial ..................................................................................................
Utilities.......................................................................................................
Manufacturing ...........................................................................................
Durable goods .......................................................................................
Fabricated metal products .................................................................
Machinery..........................................................................................
Computer and electronic products.....................................................
Electrical equipment, appliances, and components ..........................
Motor vehicles, bodies and trailers, and parts ...................................
Other durable goods..........................................................................
Nondurable goods .................................................................................
Food and beverage and tobacco products ........................................
Petroleum and coal products .............................................................
Chemical products.............................................................................
Other nondurable goods....................................................................
Wholesale trade ........................................................................................
Retail trade................................................................................................
Transportation and warehousing ...............................................................
Information ................................................................................................
Other nonfinancial.....................................................................................
Rest of the world.............................................................................................

907.2
748.4
280.0
468.4
158.8
205.3
46.5
795.1
636.3
270.7
23.5
247.2
365.6
11.1
75.1
3.1
8.7
3.2
–24.3
–2.1
–3.0
20.6
72.0
26.9
3.8
29.9
11.4
55.8
83.7
–6.0
–3.1
149.0
158.8

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

1,056.4
889.7
306.3
583.4
166.6
250.0
83.4
959.9
793.3
306.5
20.1
286.5
486.7
13.5
125.3
32.7
8.6
3.2
–6.3
1.5
7.9
17.8
92.6
25.9
26.0
32.2
8.5
59.3
90.5
4.8
16.3
177.1
166.6

1,283.3
1,078.3
336.1
742.2
205.0
328.2
123.1
1,215.2
1,010.1
349.4
20.0
329.4
660.7
20.5
182.7
50.6
12.3
8.5
1.2
–0.2
–5.0
33.8
132.1
26.8
50.1
39.2
16.0
74.7
93.2
12.0
52.7
224.9
205.0

1,477.7
1,238.7
367.7
870.9
239.1
383.7
144.6
1,621.2
1,382.1
409.7
26.6
383.1
972.4
30.8
277.7
107.1
18.2
18.0
15.7
–1.8
0.3
56.8
170.5
29.5
79.9
41.2
19.9
96.2
121.7
27.7
91.3
327.2
239.1

1,646.5
1,390.3
375.3
1,015.0
256.2
433.8
177.6
1,815.7
1,559.6
415.1
33.8
381.3
1,144.4
55.1
349.7
144.0
18.4
23.2
29.0
10.7
–5.3
68.0
205.7
35.0
73.5
70.0
27.1
105.9
132.5
41.2
107.0
353.1
256.2

1,529.0
1,175.6
261.0
914.6
353.4
510.4
157.0
1,708.9
1,355.5
301.5
36.0
265.5
1,054.0
49.5
321.9
118.9
21.0
25.0
24.7
–1.5
–15.7
65.2
203.0
31.7
78.7
69.3
23.3
103.2
119.0
23.9
108.4
328.2
353.4

1,285.1
878.4
64.1
814.3
406.7
582.0
175.3
1,345.5
938.8
95.4
35.1
60.4
843.4
30.1
240.6
64.3
16.5
18.8
26.1
4.4
–39.6
38.1
176.3
31.0
89.9
50.1
5.4
90.6
80.3
28.8
92.2
280.8
406.7

1,392.6
1,039.8
321.7
718.1
352.8
493.7
140.9
1,474.8
1,122.0
362.9
47.3
315.5
759.2
23.8
171.4
34.4
11.7
9.4
26.4
8.9
–54.3
32.3
137.0
46.4
13.7
58.6
18.2
89.3
108.7
22.4
81.2
262.3
352.8

1,740.6
1,345.4
367.2
978.2
395.2
584.6
189.4
1,793.8
1,398.6
405.3
71.6
333.8
993.3
29.8
284.9
126.3
15.2
17.3
46.7
10.2
–10.3
47.2
158.6
45.8
24.7
64.4
23.7
102.2
118.3
44.6
94.7
318.7
395.2

1,877.7
1,441.2
355.6
1,085.6
436.6
653.7
217.2
1,791.3
1,354.8
384.1
75.9
308.1
970.7
11.1
303.9
135.6
17.9
24.7
34.0
5.2
–4.6
58.4
168.3
40.7
48.4
56.8
22.4
96.3
116.1
32.1
87.4
323.7
436.6

2,009.5
1,590.5
422.0
1,168.5
418.9
665.9
247.0
2,180.0
1,761.1
477.4
71.7
405.7
1,283.7
37.1
404.3
197.0
24.3
33.5
39.5
10.3
12.1
77.3
207.3
49.7
60.0
65.3
32.4
137.8
149.2
51.5
110.6
393.2
418.9

NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-71-

Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Table 12A. Corporate Profits by Industry—Continues
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2007

2008

2009

Line

I
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Corporate profits with inventory valuation and capital consumption adjustments .........................................................................................
Domestic industries .......................................................................................
Financial .......................................................................................................
Nonfinancial ..................................................................................................
Rest of the world.............................................................................................
Receipts from the rest of the world ...............................................................
Less: Payments to the rest of the world ........................................................
Corporate profits with inventory valuation adjustment.......................
Domestic industries .......................................................................................
Financial .......................................................................................................
Federal Reserve banks .............................................................................
Other financial ...........................................................................................
Nonfinancial ..................................................................................................
Utilities.......................................................................................................
Manufacturing ...........................................................................................
Durable goods .......................................................................................
Fabricated metal products .................................................................
Machinery..........................................................................................
Computer and electronic products.....................................................
Electrical equipment, appliances, and components ..........................
Motor vehicles, bodies and trailers, and parts ...................................
Other durable goods..........................................................................
Nondurable goods .................................................................................
Food and beverage and tobacco products ........................................
Petroleum and coal products .............................................................
Chemical products.............................................................................
Other nondurable goods....................................................................
Wholesale trade ........................................................................................
Retail trade................................................................................................
Transportation and warehousing ...............................................................
Information ................................................................................................
Other nonfinancial.....................................................................................
Rest of the world.............................................................................................

II

III

IV

I

II

III

IV

I

II

III

IV

1,530.9
1,244.3
282.4
962.0
286.6
465.4
178.8
1,706.4
1,419.7
321.4
36.1
285.4
1,098.3
54.0
338.0
131.5
18.9
25.7
28.6
2.2
–11.7
67.8
206.5
31.2
71.3
76.4
27.6
110.8
124.5
24.9
106.6
339.5
286.6

1,596.9
1,274.1
294.0
980.0
322.8
498.5
175.7
1,777.5
1,454.8
334.1
36.6
297.6
1,120.6
49.8
354.4
121.6
20.2
27.0
24.0
–3.4
–8.1
61.9
232.8
34.1
114.4
62.1
22.1
113.1
133.5
25.9
105.0
338.9
322.8

1,518.1
1,142.1
279.9
862.2
376.1
528.4
152.3
1,699.7
1,323.7
320.8
36.2
284.6
1,002.9
56.9
279.6
101.9
21.3
24.8
23.6
–5.0
–26.5
63.7
177.7
30.6
64.8
59.5
22.9
106.9
114.7
24.7
104.2
315.8
376.1

1,470.0
1,042.0
187.6
854.3
428.1
549.4
121.4
1,651.9
1,223.9
229.7
35.2
194.6
994.1
37.2
315.4
120.5
23.7
22.6
22.8
0.3
–16.3
67.5
194.9
31.0
64.3
79.1
20.5
81.8
103.4
19.9
117.8
318.6
428.1

1,383.4
965.3
176.8
788.6
418.1
599.5
181.4
1,435.7
1,017.6
205.4
34.3
171.1
812.2
14.8
248.9
91.7
18.2
20.6
31.5
0.9
–24.4
45.0
157.3
24.3
82.1
40.5
10.4
61.5
79.8
23.0
108.9
275.3
418.1

1,367.6
948.9
157.8
791.1
418.7
619.0
200.3
1,423.9
1,005.1
188.1
29.9
158.1
817.1
–14.7
218.6
51.4
13.4
18.0
23.1
4.6
–43.4
35.7
167.2
29.5
69.4
63.5
4.9
68.1
80.4
31.8
125.4
307.5
418.7

1,371.3
931.8
23.3
908.5
439.5
600.9
161.3
1,436.5
997.0
55.7
33.4
22.3
941.3
86.7
269.2
81.5
14.4
17.5
25.8
7.9
–31.1
47.1
187.7
36.4
102.2
49.9
–0.8
93.9
79.5
29.1
96.5
286.4
439.5

1,017.9
667.5
–101.5
769.0
350.4
508.6
158.2
1,085.8
735.4
–67.4
42.7
–110.1
802.8
33.6
225.7
32.5
20.0
19.3
23.9
4.3
–59.6
24.5
193.2
33.8
105.7
46.6
7.1
138.8
81.7
31.3
37.9
253.9
350.4

1,252.7
904.3
209.8
694.5
348.4
459.1
110.7
1,346.5
998.1
249.7
27.1
222.7
748.4
23.5
159.0
9.1
16.0
11.5
20.9
8.8
–72.8
24.8
149.9
42.0
37.5
59.4
11.0
107.8
102.2
26.9
65.8
263.1
348.4

1,295.5
974.0
318.7
655.3
321.5
461.1
139.6
1,377.2
1,055.6
359.7
43.3
316.4
695.9
26.1
153.9
21.7
12.3
8.0
27.5
8.5
–64.9
30.2
132.3
48.9
3.4
61.2
18.7
82.4
107.2
15.3
73.9
237.1
321.5

1,449.6
1,086.6
389.0
697.6
363.0
499.7
136.7
1,524.3
1,161.3
430.0
54.2
375.8
731.2
10.1
172.5
41.1
10.2
7.7
28.0
8.6
–44.0
30.7
131.4
49.7
4.7
56.3
20.7
80.6
111.6
17.9
82.2
256.2
363.0

1,572.5
1,194.2
369.3
824.9
378.3
554.9
176.6
1,651.3
1,273.1
412.0
64.7
347.2
861.1
35.5
200.0
65.6
8.4
10.3
29.4
9.9
–35.7
43.2
134.4
45.1
9.1
57.7
22.5
86.5
113.8
29.5
103.0
292.8
378.3

NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-72-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Table 12A. Corporate Profits by Industry—Table Ends
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2010

2011

2012

2013

I
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Corporate profits with inventory valuation and capital consumption adjustments .........................................................................................
Domestic industries .......................................................................................
Financial .......................................................................................................
Nonfinancial ..................................................................................................
Rest of the world.............................................................................................
Receipts from the rest of the world ...............................................................
Less: Payments to the rest of the world ........................................................
Corporate profits with inventory valuation adjustment.......................
Domestic industries .......................................................................................
Financial .......................................................................................................
Federal Reserve banks .............................................................................
Other financial ...........................................................................................
Nonfinancial ..................................................................................................
Utilities.......................................................................................................
Manufacturing ...........................................................................................
Durable goods .......................................................................................
Fabricated metal products .................................................................
Machinery..........................................................................................
Computer and electronic products.....................................................
Electrical equipment, appliances, and components ..........................
Motor vehicles, bodies and trailers, and parts ...................................
Other durable goods..........................................................................
Nondurable goods .................................................................................
Food and beverage and tobacco products ........................................
Petroleum and coal products .............................................................
Chemical products.............................................................................
Other nondurable goods....................................................................
Wholesale trade ........................................................................................
Retail trade................................................................................................
Transportation and warehousing ...............................................................
Information ................................................................................................
Other nonfinancial.....................................................................................
Rest of the world.............................................................................................

II

III

IV

I

II

III

IV

I

II

III

IV

I

1,655.2
1,257.7
343.8
913.9
397.5
565.6
168.1
1,751.6
1,354.1
387.1
71.6
315.5
967.0
44.6
228.4
103.6
12.7
12.5
43.8
9.2
–19.7
45.1
124.8
43.0
18.5
42.8
20.5
99.2
120.9
39.1
93.7
341.1
397.5

1,660.8
1,266.4
319.9
946.5
394.5
576.9
182.4
1,762.2
1,367.8
362.6
74.0
288.6
1,005.2
14.5
283.9
119.5
12.5
15.2
42.3
11.9
–9.3
46.9
164.4
45.8
33.5
61.6
23.6
118.0
119.0
50.3
94.5
324.9
394.5

1,807.0
1,422.4
377.8
1,044.6
384.7
584.2
199.6
1,861.5
1,476.8
415.6
71.4
344.3
1,061.2
35.3
324.3
143.6
17.3
20.0
48.8
11.4
–2.0
48.0
180.7
51.6
20.1
82.2
26.8
114.5
118.0
51.9
101.0
316.2
384.7

1,839.2
1,435.1
427.3
1,007.8
404.1
611.7
207.6
1,800.0
1,395.9
456.0
69.3
386.6
939.9
24.8
303.0
138.7
18.4
21.5
51.7
8.4
–10.3
49.0
164.2
43.0
26.7
70.8
23.7
77.2
115.4
37.1
89.8
292.7
404.1

1,755.0
1,327.2
350.7
976.5
427.8
632.8
204.9
1,672.2
1,244.3
377.8
72.4
305.4
866.5
3.9
278.1
114.7
15.9
20.3
33.1
7.0
–9.2
47.6
163.3
41.7
36.4
60.9
24.3
74.4
112.2
29.8
85.3
283.0
427.8

1,868.7
1,441.3
336.4
1,104.9
427.3
657.1
229.8
1,782.3
1,354.9
364.6
80.0
284.6
990.3
29.7
291.5
123.8
16.4
23.3
33.0
4.7
–6.4
52.7
167.7
42.1
56.5
49.0
20.1
94.7
109.1
33.3
92.4
339.5
427.3

1,893.8
1,443.0
319.8
1,123.2
450.8
672.0
221.2
1,805.4
1,354.6
348.8
76.6
272.2
1,005.8
3.2
314.5
138.7
18.5
25.4
31.1
4.4
–5.5
64.7
175.8
35.5
62.7
57.1
20.6
110.3
114.9
30.3
86.7
346.0
450.8

1,993.4
1,553.2
415.4
1,137.8
440.2
653.1
212.8
1,905.4
1,465.2
445.1
74.7
370.4
1,020.1
7.9
331.7
165.4
20.8
29.6
38.9
4.8
2.6
68.6
166.3
43.5
38.0
60.1
24.7
105.9
128.2
35.1
85.1
326.2
440.2

1,979.9
1,564.0
408.4
1,155.6
415.9
662.5
246.6
2,142.5
1,726.7
462.5
73.4
389.1
1,264.2
34.5
408.7
199.9
24.2
32.4
40.8
11.0
13.1
78.4
208.7
50.3
58.9
68.7
30.9
128.8
149.9
53.4
110.3
378.6
415.9

1,998.4
1,569.1
392.4
1,176.7
429.3
663.0
233.7
2,169.8
1,740.5
447.7
72.6
375.1
1,292.8
39.4
410.5
200.0
24.9
34.8
41.7
8.3
13.3
76.9
210.5
47.4
58.8
72.5
31.8
146.5
145.3
53.5
116.6
381.0
429.3

2,012.3
1,599.8
451.4
1,148.4
412.5
661.1
248.6
2,186.6
1,774.0
507.2
67.5
439.8
1,266.8
40.8
387.8
192.6
24.5
37.1
38.7
9.5
8.7
74.1
195.2
52.9
53.0
56.1
33.2
131.6
142.5
52.2
112.9
399.0
412.5

2,047.2
1,629.1
435.8
1,193.4
418.1
677.2
259.1
2,221.1
1,803.0
492.1
73.3
418.7
1,310.9
33.6
410.1
195.3
23.7
29.5
36.6
12.2
13.4
79.8
214.8
48.0
69.1
64.0
33.6
144.4
159.0
47.1
102.5
414.2
418.1

2,020.6
1,622.1
431.7
1,190.3
398.5
657.5
259.0
2,180.0
1,781.5
486.9
70.0
416.9
1,294.6
38.3
389.7
186.7
23.5
24.6
35.1
10.8
9.9
82.7
203.0
49.3
57.4
63.4
32.9
150.2
148.9
54.5
124.2
388.9
398.5

Line

NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-73-

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Tale 12B. Corporate Profits by Industry: Change From Preceding Period—Continues
[Billions of dollars]
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

2002
Corporate profits with inventory valuation and capital consumption adjustments .........................................................................................
Domestic industries .......................................................................................
Financial .......................................................................................................
Nonfinancial ..................................................................................................
Rest of the world.............................................................................................
Receipts from the rest of the world ...............................................................
Less: Payments to the rest of the world ........................................................
Corporate profits with inventory valuation adjustment.......................
Domestic industries .......................................................................................
Financial .......................................................................................................
Federal Reserve banks .............................................................................
Other financial ...........................................................................................
Nonfinancial ..................................................................................................
Utilities.......................................................................................................
Manufacturing ...........................................................................................
Durable goods .......................................................................................
Fabricated metal products .................................................................
Machinery..........................................................................................
Computer and electronic products.....................................................
Electrical equipment, appliances, and components ..........................
Motor vehicles, bodies and trailers, and parts ...................................
Other durable goods..........................................................................
Nondurable goods .................................................................................
Food and beverage and tobacco products ........................................
Petroleum and coal products .............................................................
Chemical products.............................................................................
Other nondurable goods....................................................................
Wholesale trade ........................................................................................
Retail trade................................................................................................
Transportation and warehousing ...............................................................
Information ................................................................................................
Other nonfinancial.....................................................................................
Rest of the world.............................................................................................

153.2
164.8
78.3
86.4
–11.6
22.0
33.6
96.4
108.0
75.7
–5.4
81.1
32.3
–11.4
0.0
12.5
–0.5
1.0
4.8
–3.2
3.8
6.6
–12.5
–1.6
–23.7
7.9
4.8
4.7
12.4
–5.3
23.3
8.8
–11.6

2003

2004

149.2
141.3
26.3
115.0
7.8
44.7
36.9
164.8
157.0
35.8
–3.4
39.3
121.1
2.4
50.2
29.6
–0.1
0.0
18.0
3.6
10.9
–2.8
20.6
–1.0
22.2
2.3
–2.9
3.5
6.8
10.8
19.4
28.1
7.8

226.9
188.6
29.8
158.8
38.4
78.2
39.7
255.3
216.8
42.9
–0.1
42.9
174.0
7.0
57.4
17.9
3.7
5.3
7.5
–1.7
–12.9
16.0
39.5
0.9
24.1
7.0
7.5
15.4
2.7
7.2
36.4
47.8
38.4

NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-74-

2005
194.4
160.4
31.6
128.7
34.1
55.5
21.5
406.0
372.0
60.3
6.6
53.7
311.7
10.3
95.0
56.5
5.9
9.5
14.5
–1.6
5.3
23.0
38.4
2.7
29.8
2.0
3.9
21.5
28.5
15.7
38.6
102.3
34.1

2006
168.8
151.6
7.6
144.1
17.1
50.1
33.0
194.5
177.5
5.4
7.2
–1.8
172.0
24.3
72.0
36.9
0.2
5.2
13.3
12.5
–5.6
11.2
35.2
5.5
–6.4
28.8
7.2
9.7
10.8
13.5
15.7
25.9
17.1

2007

2008

–117.5
–214.7
–114.3
–100.4
97.2
76.6
–20.6
–106.8
–204.1
–113.6
2.2
–115.8
–90.4
–5.6
–27.8
–25.1
2.6
1.8
–4.3
–12.2
–10.4
–2.8
–2.7
–3.3
5.2
–0.7
–3.8
–2.7
–13.5
–17.3
1.4
–24.9
97.2

–243.9
–297.2
–196.9
–100.3
53.3
71.6
18.3
–363.4
–416.7
–206.1
–0.9
–205.1
–210.6
–19.4
–81.3
–54.6
–4.5
–6.2
1.4
5.9
–23.9
–27.1
–26.7
–0.7
11.2
–19.2
–17.9
–12.6
–38.7
4.9
–16.2
–47.4
53.3

2009
107.5
161.4
257.6
–96.2
–53.9
–88.3
–34.4
129.3
183.2
267.5
12.2
255.1
–84.2
–6.3
–69.2
–29.9
–4.8
–9.4
0.3
4.5
–14.7
–5.8
–39.3
15.4
–76.2
8.5
12.8
–1.3
28.4
–6.4
–11.0
–18.5
–53.9

2010
348.0
305.6
45.5
260.1
42.4
90.9
48.5
319.0
276.6
42.4
24.3
18.3
234.1
6.0
113.5
91.9
3.5
7.9
20.3
1.3
44.0
14.9
21.6
–0.6
11.0
5.8
5.5
12.9
9.6
22.2
13.5
56.4
42.4

2011
137.1
95.8
–11.6
107.4
41.4
69.1
27.8
–2.5
–43.8
–21.2
4.3
–25.7
–22.6
–18.7
19.0
9.3
2.7
7.4
–12.7
–5.0
5.7
11.2
9.7
–5.1
23.7
–7.6
–1.3
–5.9
–2.2
–12.5
–7.3
5.0
41.4

2012
131.8
149.3
66.4
82.9
–17.7
12.2
29.8
388.7
406.3
93.3
–4.2
97.6
313.0
26.0
100.4
61.4
6.4
8.8
5.5
5.1
16.7
18.9
39.0
9.0
11.6
8.5
10.0
41.5
33.1
19.4
23.2
69.5
–17.7

Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Tale 12B. Corporate Profits by Industry: Change From Preceding Period—Continues
[Billions of dollars]
Change from preceding period
Line

2007
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Corporate profits with inventory valuation and capital consumption adjustments .........................................................................................
Domestic industries .......................................................................................
Financial .......................................................................................................
Nonfinancial ..................................................................................................
Rest of the world.............................................................................................
Receipts from the rest of the world ...............................................................
Less: Payments to the rest of the world ........................................................
Corporate profits with inventory valuation adjustment.......................
Domestic industries .......................................................................................
Financial .......................................................................................................
Federal Reserve banks .............................................................................
Other financial ...........................................................................................
Nonfinancial ..................................................................................................
Utilities.......................................................................................................
Manufacturing ...........................................................................................
Durable goods .......................................................................................
Fabricated metal products .................................................................
Machinery..........................................................................................
Computer and electronic products.....................................................
Electrical equipment, appliances, and components ..........................
Motor vehicles, bodies and trailers, and parts ...................................
Other durable goods..........................................................................
Nondurable goods .................................................................................
Food and beverage and tobacco products ........................................
Petroleum and coal products .............................................................
Chemical products.............................................................................
Other nondurable goods....................................................................
Wholesale trade ........................................................................................
Retail trade................................................................................................
Transportation and warehousing ...............................................................
Information ................................................................................................
Other nonfinancial.....................................................................................
Rest of the world.............................................................................................

–85.0
–98.3
–64.2
–34.0
13.3
16.2
2.9
–95.1
–108.5
–65.2
1.2
–66.3
–43.3
–4.4
–0.9
–17.8
–1.5
1.7
–2.1
–9.3
–4.6
–1.9
16.9
–4.5
12.6
13.5
–4.7
1.8
–15.6
–12.7
–1.4
–10.1
13.3

II
66.0
29.8
11.6
18.0
36.2
33.1
–3.1
71.1
35.1
12.7
0.5
12.2
22.3
–4.2
16.4
–9.9
1.3
1.3
–4.6
–5.6
3.6
–5.9
26.3
2.9
43.1
–14.3
–5.5
2.3
9.0
1.0
–1.6
–0.6
36.2

2008
III
–78.8
–132.0
–14.1
–117.8
53.3
29.9
–23.4
–77.8
–131.1
–13.3
–0.4
–13.0
–117.7
7.1
–74.8
–19.7
1.1
–2.2
–0.4
–1.6
–18.4
1.8
–55.1
–3.5
–49.6
–2.6
0.8
–6.2
–18.8
–1.2
–0.8
–23.1
53.3

NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-75-

IV
–48.1
–100.1
–92.3
–7.9
52.0
21.0
–30.9
–47.8
–99.8
–91.1
–1.0
–90.0
–8.8
–19.7
35.8
18.6
2.4
–2.2
–0.8
5.3
10.2
3.8
17.2
0.4
–0.5
19.6
–2.4
–25.1
–11.3
–4.8
13.6
2.8
52.0

I
–86.6
–76.7
–10.8
–65.7
–10.0
50.1
60.0
–216.2
–206.3
–24.3
–0.9
–23.5
–181.9
–22.4
–66.5
–28.8
–5.5
–2.0
8.7
0.6
–8.1
–22.5
–37.6
–6.7
17.8
–38.6
–10.1
–20.3
–23.6
3.1
–8.9
–43.3
–10.0

II
–15.8
–16.4
–19.0
2.5
0.6
19.5
18.9
–11.8
–12.5
–17.3
–4.4
–13.0
4.9
–29.5
–30.3
–40.3
–4.8
–2.6
–8.4
3.7
–19.0
–9.3
9.9
5.2
–12.7
23.0
–5.5
6.6
0.6
8.8
16.5
32.2
0.6

2009
III
3.7
–17.1
–134.5
117.4
20.8
–18.1
–39.0
12.6
–8.1
–132.4
3.5
–135.8
124.2
101.4
50.6
30.1
1.0
–0.5
2.7
3.3
12.3
11.4
20.5
6.9
32.8
–13.6
–5.7
25.8
–0.9
–2.7
–28.9
–21.1
20.8

IV
–353.4
–264.3
–124.8
–139.5
–89.1
–92.3
–3.1
–350.7
–261.6
–123.1
9.3
–132.4
–138.5
–53.1
–43.5
–49.0
5.6
1.8
–1.9
–3.6
–28.5
–22.6
5.5
–2.6
3.5
–3.3
7.9
44.9
2.2
2.2
–58.6
–32.5
–89.1

I
234.8
236.8
311.3
–74.5
–2.0
–49.5
–47.5
260.7
262.7
317.1
–15.6
332.8
–54.4
–10.1
–66.7
–23.4
–4.0
–7.8
–3.0
4.5
–13.2
0.3
–43.3
8.2
–68.2
12.8
3.9
–31.0
20.5
–4.4
27.9
9.2
–2.0

Line

II

III

IV

42.8
69.7
108.9
–39.2
–26.9
2.0
28.9
30.7
57.5
110.0
16.2
93.7
–52.5
2.6
–5.1
12.6
–3.7
–3.5
6.6
–0.3
7.9
5.4
–17.6
6.9
–34.1
1.8
7.7
–25.4
5.0
–11.6
8.1
–26.0
–26.9

154.1
112.6
70.3
42.3
41.5
38.6
–2.9
147.1
105.7
70.3
10.9
59.4
35.3
–16.0
18.6
19.4
–2.1
–0.3
0.5
0.1
20.9
0.5
–0.9
0.8
1.3
–4.9
2.0
–1.8
4.4
2.6
8.3
19.1
41.5

122.9
107.6
–19.7
127.3
15.3
55.2
39.9
127.0
111.8
–18.0
10.5
–28.6
129.9
25.4
27.5
24.5
–1.8
2.6
1.4
1.3
8.3
12.5
3.0
–4.6
4.4
1.4
1.8
5.9
2.2
11.6
20.8
36.6
15.3

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Tale 12B. Corporate Profits by Industry: Change From Preceding Period—Table Ends
[Billions of dollars]
Change from preceding period
Line

2010
I

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Corporate profits with inventory valuation and capital consumption adjustments .........................................................................................
Domestic industries .......................................................................................
Financial .......................................................................................................
Nonfinancial ..................................................................................................
Rest of the world.............................................................................................
Receipts from the rest of the world ...............................................................
Less: Payments to the rest of the world ........................................................
Corporate profits with inventory valuation adjustment.......................
Domestic industries .......................................................................................
Financial .......................................................................................................
Federal Reserve banks .............................................................................
Other financial ...........................................................................................
Nonfinancial ..................................................................................................
Utilities.......................................................................................................
Manufacturing ...........................................................................................
Durable goods .......................................................................................
Fabricated metal products .................................................................
Machinery..........................................................................................
Computer and electronic products.....................................................
Electrical equipment, appliances, and components ..........................
Motor vehicles, bodies and trailers, and parts ...................................
Other durable goods..........................................................................
Nondurable goods .................................................................................
Food and beverage and tobacco products ........................................
Petroleum and coal products .............................................................
Chemical products.............................................................................
Other nondurable goods....................................................................
Wholesale trade ........................................................................................
Retail trade................................................................................................
Transportation and warehousing ...............................................................
Information ................................................................................................
Other nonfinancial.....................................................................................
Rest of the world.............................................................................................

82.7
63.5
–25.5
89.0
19.2
10.7
–8.5
100.3
81.0
–24.9
6.9
–31.7
105.9
9.1
28.4
38.0
4.3
2.2
14.4
–0.7
16.0
1.9
–9.6
–2.1
9.4
–14.9
–2.0
12.7
7.1
9.6
–9.3
48.3
19.2

II
5.6
8.7
–23.9
32.6
–3.0
11.3
14.3
10.6
13.7
–24.5
2.4
–26.9
38.2
–30.1
55.5
15.9
–0.2
2.7
–1.5
2.7
10.4
1.8
39.6
2.8
15.0
18.8
3.1
18.8
–1.9
11.2
0.8
–16.2
–3.0

2011
III

IV

I

146.2
32.2 –84.2
156.0
12.7 –107.9
57.9
49.5 –76.6
98.1 –36.8 –31.3
–9.8
19.4
23.7
7.3
27.5
21.1
17.2
8.0
–2.7
99.3 –61.5 –127.8
109.0 –80.9 –151.6
53.0
40.4 –78.2
–2.6
–2.1
3.1
55.7
42.3 –81.2
56.0 –121.3 –73.4
20.8 –10.5 –20.9
40.4 –21.3 –24.9
24.1
–4.9 –24.0
4.8
1.1
–2.5
4.8
1.5
–1.2
6.5
2.9 –18.6
–0.5
–3.0
–1.4
7.3
–8.3
1.1
1.1
1.0
–1.4
16.3 –16.5
–0.9
5.8
–8.6
–1.3
–13.4
6.6
9.7
20.6 –11.4
–9.9
3.2
–3.1
0.6
–3.5 –37.3
–2.8
–1.0
–2.6
–3.2
1.6 –14.8
–7.3
6.5 –11.2
–4.5
–8.7 –23.5
–9.7
–9.8
19.4
23.7

NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-76-

II
113.7
114.1
–14.3
128.4
–0.5
24.3
24.9
110.1
110.6
–13.2
7.6
–20.8
123.8
25.8
13.4
9.1
0.5
3.0
–0.1
–2.3
2.8
5.1
4.4
0.4
20.1
–11.9
–4.2
20.3
–3.1
3.5
7.1
56.5
–0.5

2012
III

IV

25.1
1.7
–16.6
18.3
23.5
14.9
–8.6
23.1
–0.3
–15.8
–3.4
–12.4
15.5
–26.5
23.0
14.9
2.1
2.1
–1.9
–0.3
0.9
12.0
8.1
–6.6
6.2
8.1
0.5
15.6
5.8
–3.0
–5.7
6.5
23.5

99.6
110.2
95.6
14.6
–10.6
–18.9
–8.4
100.0
110.6
96.3
–1.9
98.2
14.3
4.7
17.2
26.7
2.3
4.2
7.8
0.4
8.1
3.9
–9.5
8.0
–24.7
3.0
4.1
–4.4
13.3
4.8
–1.6
–19.8
–10.6

I
–13.5
10.8
–7.0
17.8
–24.3
9.4
33.8
237.1
261.5
17.4
–1.3
18.7
244.1
26.6
77.0
34.5
3.4
2.8
1.9
6.2
10.5
9.8
42.4
6.8
20.9
8.6
6.2
22.9
21.7
18.3
25.2
52.4
–24.3

II
18.5
5.1
–16.0
21.1
13.4
0.5
–12.9
27.3
13.8
–14.8
–0.8
–14.0
28.6
4.9
1.8
0.1
0.7
2.4
0.9
–2.7
0.2
–1.5
1.8
–2.9
–0.1
3.8
0.9
17.7
–4.6
0.1
6.3
2.4
13.4

2013
III

IV

13.9
30.7
59.0
–28.3
–16.8
–1.9
14.9
16.8
33.5
59.5
–5.1
64.7
–26.0
1.4
–22.7
–7.4
–0.4
2.3
–3.0
1.2
–4.6
–2.8
–15.3
5.5
–5.8
–16.4
1.4
–14.9
–2.8
–1.3
–3.7
18.0
–16.8

34.9
29.3
–15.6
45.0
5.6
16.1
10.5
34.5
29.0
–15.1
5.8
–21.1
44.1
–7.2
22.3
2.7
–0.8
–7.6
–2.1
2.7
4.7
5.7
19.6
–4.9
16.1
7.9
0.4
12.8
16.5
–5.1
–10.4
15.2
5.6

Line

I
–26.6
–7.0
–4.1
–3.1
–19.6
–19.7
–0.1
–41.1
–21.5
–5.2
–3.3
–1.8
–16.3
4.7
–20.4
–8.6
–0.2
–4.9
–1.5
–1.4
–3.5
2.9
–11.8
1.3
–11.7
–0.6
–0.7
5.8
–10.1
7.4
21.7
–25.3
–19.6

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Table 12C. Revisions to Corporate Profits by Industry
[Billions of dollars]
Billions of dollars
Line

Revised estimates
2010

1 Corporate profits with inventory valuation and capital consumption adjustments................................................................................................. 2 Domestic industries ...................................................................................
3
Financial....................................................................................................
4
Nonfinancial ..............................................................................................
5 Rest of the world.........................................................................................
6
Receipts from the rest of the world ...........................................................
7
Less: Payments to the rest of the world ....................................................
8 Corporate profits with inventory valuation adjustment ..............................
9 Domestic industries ...................................................................................
10
Financial....................................................................................................
11
Federal Reserve banks .........................................................................
12
Other financial .......................................................................................
13
Nonfinancial ..............................................................................................
14
Utilities...................................................................................................
15
Manufacturing........................................................................................
16
Durable goods ...................................................................................
17
Nondurable goods .............................................................................
18
Wholesale trade ....................................................................................
19
Retail trade ............................................................................................
20
Transportation and warehousing ...........................................................
21
Information ............................................................................................
22
Other nonfinancial .................................................................................
23 Rest of the world.........................................................................................
24 Corporate profits before tax without inventory valuation and capital consumption adjustments .........................................................................
Addenda:
25 Corporate profits after tax with inventory valuation and capital consumption adjustments............................................................................................... 26 Net cash flow with inventory valuation adjustment.................................
27
Undistributed profits with inventory valuation and capital consumption adjustments ...........................................................................................
28
Consumption of fixed capital .....................................................................
29
Less: Capital transfers paid (net) ..............................................................

2011

Revisions to previously published
2012

2010

2011

2012

Revisions as a percent of previously published
2010

2011

Line

2012

1,740.6
1,345.4
367.2
978.2
395.2
584.6
189.4
1,793.8
1,398.6
405.3
71.6
333.8
993.3
29.8
284.9
126.3
158.6
102.2
118.3
44.6
94.7
318.7
395.2

1,877.7
1,441.2
355.6
1,085.6
436.6
653.7
217.2
1,791.3
1,354.8
384.1
75.9
308.1
970.7
11.1
303.9
135.6
168.3
96.3
116.1
32.1
87.4
323.7
436.6

2,009.5
1,590.5
422.0
1,168.5
418.9
665.9
247.0
2,180.0
1,761.1
477.4
71.7
405.7
1,283.7
37.1
404.3
197.0
207.3
137.8
149.2
51.5
110.6
393.2
418.9

38.2
44.5
–16.5
61.1
–6.4
0.2
6.5
16.1
22.5
–19.0
0.0
–18.9
41.5
1.9
51.4
23.2
28.2
4.0
–4.3
–3.5
8.7
–16.7
–6.4

50.7
53.1
–25.4
78.5
–2.3
8.5
10.9
–0.3
2.1
–24.2
0.0
–24.2
26.3
–6.6
59.0
35.3
23.7
0.0
7.2
–13.4
1.9
–22.0
–2.3

58.9
69.9
–10.3
80.2
–11.1
15.9
27.0
28.7
39.9
–7.3
–1.7
–5.6
47.2
–2.0
32.6
15.8
16.8
–1.5
9.2
–2.9
–1.8
13.5
–11.1

2.2
3.4
–4.3
6.7
–1.6
0.0
3.6
0.9
1.6
–4.5
0.0
–5.4
4.4
6.8
22.0
22.5
21.6
4.1
–3.5
–7.3
10.1
–5.0
–1.6

2.8
3.8
–6.7
7.8
–0.5
1.3
5.3
0.0
0.2
–5.9
0.0
–7.3
2.8
–37.3
24.1
35.2
16.4
0.0
6.6
–29.5
2.2
–6.4
–0.5

3.0
4.6
–2.4
7.4
–2.6
2.4
12.3
1.3
2.3
–1.5
–2.3
–1.4
3.8
–5.1
8.8
8.7
8.8
–1.1
6.6
–5.3
–1.6
3.6
–2.6

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

1,834.8

1,847.4

2,190.0

18.5

–6.7

27.8

1.0

–0.4

1.3

24

1,370.0
2,089.1

1,503.5
2,146.7

1,574.7
2,177.1

40.9
314.2

55.6
296.0

73.4
343.0

3.1
17.7

3.8
16.0

4.9
18.7

25
26

806.0
1,262.5
–20.6

801.9
1,306.0
–38.8

804.3
1,365.7
–7.1

77.8
236.0
–0.4

51.2
244.1
–0.7

82.9
10.7
6.8
11.5
258.2
23.0
23.0
23.3
–1.9 ................... ................... ...................

27
28
29

-77-

Table 13. Gross Value Added of Nonfinancial Domestic Corporate Business—Continues
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Line

Billions of dollars
1
Gross value added of nonfinancial corporate business .........................
2 Consumption of fixed capital.................................................................................
3 Net value added ..................................................................................................
4 Compensation of employees.............................................................................
5
Wages and salaries.......................................................................................
6
Supplements to wages and salaries .............................................................
7 Taxes on production and imports less subsidies...............................................
8 Net operating surplus........................................................................................
9
Net interest and miscellaneous payments ....................................................
10
Business current transfer payments (net) .....................................................
11
Corporate profits with inventory valuation and capital consumption adjustments 12
Taxes on corporate income .......................................................................
13
Profits after tax with inventory valuation and capital consumption adjustments 14
Net dividends.........................................................................................
15
Undistributed profits with inventory valuation and capital consumption adjustments .......................................................................................
Addenda:
16 Profits before tax (without inventory valuation and capital consumption adjustments).................................................................................................. 17 Profits after tax (without inventory valuation and capital consumption adjustments) 18 Inventory valuation adjustment .........................................................................
19 Capital consumption adjustment.......................................................................

5,538.9
804.7
4,734.2
3,542.0
2,939.0
603.0
472.9
719.3
198.6
52.3

5,724.4
818.0
4,906.5
3,595.7
2,962.2
633.4
495.8
815.0
169.8
61.8

6,107.9
850.2
5,257.7
3,762.8
3,099.9
662.9
530.9
964.1
159.9
62.0

6,532.1
909.9
5,622.2
3,930.3
3,238.0
692.3
573.2
1,118.7
173.6
74.2

6,988.0
979.4
6,008.7
4,129.3
3,420.9
708.5
610.1
1,269.3
183.9
70.4

7,203.9
1,040.3
6,163.6
4,305.3
3,572.1
733.3
632.5
1,225.8
249.0
62.2

7,258.1
1,093.9
6,164.2
4,358.0
3,619.5
738.5
632.7
1,173.5
307.5
51.7

6,861.4
1,092.0
5,769.4
4,088.4
3,377.5
710.9
605.9
1,075.1
283.7
73.4

7,243.1
1,094.6
6,148.6
4,168.0
3,446.1
721.9
633.0
1,347.5
286.2
83.2

7,636.4
1,135.8
6,500.6
4,374.3
3,624.7
749.6
664.2
1,462.1
287.2
89.3

8,030.8
1,188.2
6,842.7
4,600.8
3,824.8
776.0
685.3
1,556.5
295.5
92.5

1
2
3
4
5
6
7
8
9
10

468.4
97.1

583.4
132.9

742.2
187.0

870.9
271.9

1,015.0
307.7

914.6
293.8

814.3
227.4

718.1
177.8

978.2
220.6

1,085.6
222.3

1,168.5
256.9

11
12

371.3
254.8

450.5
293.4

555.2
364.5

599.1
170.8

707.3
471.1

620.8
484.6

586.9
474.2

540.2
351.7

757.6
375.5

863.3
440.3

911.6
478.8

13
14

116.5

157.2

190.7

428.3

236.2

136.2

112.7

188.5

382.1

423.0

432.8

15

359.5

496.3

700.2

1,004.6

1,180.1

1,093.5

880.3

752.5

1,034.3

1,026.7

1,293.7

16

262.4
6.1
102.8

363.4
–9.6
96.7

513.2
–39.5
81.5

732.7
–32.1
–101.5

872.4
–35.7
–129.4

799.7
–39.5
–139.4

652.9
–37.0
–29.1

574.7
6.7
–41.1

813.8
–41.0
–15.2

804.4
–56.0
114.9

1,036.8
–10.0
–115.1

17
18
19

7,406.3
1,015.1
6,391.1

7,480.5
1,053.6
6,426.9

7,385.3
1,083.4
6,301.9

6,861.4
1,092.0
5,769.4

7,244.4
1,093.5
6,151.0

7,464.6
1,110.1
6,354.5

7,743.2
1,136.0
6,607.1

20
21
22

Billions of chained (2009) dollars
1

20
Gross value added of nonfinancial corporate business .......................
21 Consumption of fixed capital 2 ..............................................................................
22 Net value added 3 .................................................................................................

6,466.3
912.8
5,553.6

6,606.8
927.7
5,679.1

6,904.1
948.3
5,955.8

7,131.7
977.5
6,154.2

Dollars; quarters seasonally adjusted

23
24
25
26
27
28
29
30
31

Price, costs, and profits per unit of real gross value added of nonfinancial corporate business:
Price per unit of real gross value added of nonfinancial corporate business 4
Compensation of employees (unit labor cost)...................................................
Unit nonlabor cost.............................................................................................
Consumption of fixed capital .........................................................................
Taxes on production and imports less subsidies plus business current transfer payments (net) .............................................................................
Net interest and miscellaneous payments ....................................................
Corporate profits with inventory valuation and capital consumption adjustments (unit profits from current production).........................................
Taxes on corporate income ...........................................................................
Profits after tax with inventory valuation and capital consumption adjustments ...............................................................................................

0.857
0.548
0.236
0.124

0.866
0.544
0.234
0.124

0.885
0.545
0.232
0.123

0.916
0.551
0.243
0.128

0.944
0.558
0.249
0.132

0.963
0.576
0.265
0.139

0.983
0.590
0.283
0.148

1.000
0.596
0.299
0.159

1.000
0.575
0.290
0.151

1.023
0.586
0.291
0.152

1.037
0.594
0.291
0.153

23
24
25
26

0.081
0.031

0.084
0.026

0.086
0.023

0.091
0.024

0.092
0.025

0.093
0.033

0.093
0.042

0.099
0.041

0.099
0.040

0.101
0.038

0.100
0.038

27
28

0.072
0.015

0.088
0.020

0.107
0.027

0.122
0.038

0.137
0.042

0.122
0.039

0.110
0.031

0.105
0.026

0.135
0.030

0.145
0.030

0.151
0.033

29
30

0.057

0.068

0.080

0.084

0.096

0.083

0.079

0.079

0.105

0.116

0.118

31

1. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the chain-type price index for GDP goods and structures is used.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100.

3. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross value added and the consumption of fixed capital.
4. The deflator for gross value added of nonfinancial corporate business divided by 100.
NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-78-

Table 13. Gross Value Added of Nonfinancial Domestic Corporate Business—Continues
Seasonally adjusted at annual rates
Line

2007
I

II

2008
III

2009

Line

IV

I

II

III

IV

I

II

III

IV

Billions of dollars
1
Gross value added of nonfinancial corporate business .........................
2 Consumption of fixed capital.................................................................................
3 Net value added ..................................................................................................
4 Compensation of employees.............................................................................
5
Wages and salaries.......................................................................................
6
Supplements to wages and salaries .............................................................
7 Taxes on production and imports less subsidies...............................................
8 Net operating surplus........................................................................................
9
Net interest and miscellaneous payments ....................................................
10
Business current transfer payments (net) .....................................................
11
Corporate profits with inventory valuation and capital consumption adjustments 12
Taxes on corporate income .......................................................................
13
Profits after tax with inventory valuation and capital consumption adjustments 14
Net dividends.........................................................................................
15
Undistributed profits with inventory valuation and capital consumption adjustments .......................................................................................
Addenda:
16 Profits before tax (without inventory valuation and capital consumption adjustments).................................................................................................. 17 Profits after tax (without inventory valuation and capital consumption adjustments) 18 Inventory valuation adjustment .........................................................................
19 Capital consumption adjustment.......................................................................

7,179.4
1,023.4
6,156.1
4,283.8
3,554.3
729.4
624.7
1,247.6
219.1
66.5

7,243.4
1,035.8
6,207.6
4,294.5
3,563.2
731.3
630.8
1,282.2
238.1
64.1

7,165.1
1,045.6
6,119.5
4,302.2
3,569.5
732.7
635.2
1,182.1
259.1
60.8

7,227.7
1,056.3
6,171.4
4,340.9
3,601.2
739.7
639.4
1,191.2
279.5
57.4

7,215.2
1,072.3
6,142.9
4,373.0
3,631.9
741.1
630.5
1,139.4
299.2
51.6

7,236.6
1,086.9
6,149.7
4,361.5
3,622.4
739.1
636.5
1,151.7
312.2
48.4

7,372.2
1,104.3
6,268.0
4,360.9
3,621.9
739.0
637.1
1,270.0
313.6
47.9

7,208.5
1,112.3
6,096.2
4,336.5
3,601.9
734.6
626.6
1,133.1
305.2
59.0

6,843.6
1,105.0
5,738.6
4,081.3
3,371.7
709.6
601.6
1,055.7
292.6
68.7

6,804.2
1,091.4
5,712.8
4,091.0
3,379.7
711.4
604.5
1,017.3
284.1
77.8

6,811.5
1,084.1
5,727.4
4,079.1
3,369.9
709.2
600.8
1,047.5
278.7
71.2

6,986.4
1,087.4
5,899.0
4,102.3
3,388.8
713.4
616.6
1,180.1
279.4
75.8

1
2
3
4
5
6
7
8
9
10

962.0
311.2

980.0
302.5

862.2
278.9

854.3
282.6

788.6
248.0

791.1
252.8

908.5
255.4

769.0
153.5

694.5
167.7

655.3
161.8

697.6
170.0

824.9
212.0

11
12

650.7
478.1

677.6
481.0

583.3
502.0

571.7
477.2

540.5
468.9

538.3
484.5

653.1
478.1

615.5
465.2

526.8
449.1

493.5
374.7

527.7
276.1

613.0
307.1

13
14

172.7

196.5

81.2

94.5

71.7

53.8

175.0

150.3

77.7

118.9

251.6

305.9

15

1,137.0 1,152.9 1,019.6 1,064.7

935.2

967.0 1,006.2

612.9

654.9

674.3

751.5

929.3

16

459.4
190.0
–33.9

487.2
93.5
–53.9

512.6
21.6
–40.6

581.5
–20.2
–33.6

717.4
–68.2
–36.2

17
18
19

20
Gross value added of nonfinancial corporate business ....................... 7,472.0 7,502.4 7,428.2 7,519.3 7,413.5 7,403.3 7,476.9 7,247.5 6,842.9 6,774.3 6,820.6 7,007.8
21 Consumption of fixed capital 2 .............................................................................. 1,040.8 1,049.7 1,057.9 1,066.0 1,073.3 1,080.7 1,087.4 1,092.0 1,093.2 1,092.4 1,091.4 1,090.9
22 Net value added 3 ................................................................................................. 6,431.2 6,452.7 6,370.2 6,453.4 6,340.2 6,322.6 6,389.5 6,155.5 5,749.8 5,681.9 5,729.1 5,916.9

20
21
22

825.7
–38.6
–136.4

850.4
–32.2
–140.6

740.6
–16.7
–140.7

782.0
–70.5
–139.8

687.2
–123.0
–23.6

714.1
–149.9
–25.9

750.8
–64.9
–32.8

Billions of chained (2009) dollars
1

Dollars; quarters seasonally adjusted

23
24
25
26
27
28
29
30
31

Price, costs, and profits per unit of real gross value added of nonfinancial corporate business:
Price per unit of real gross value added of nonfinancial corporate business 4
Compensation of employees (unit labor cost)...................................................
Unit nonlabor cost.............................................................................................
Consumption of fixed capital .........................................................................
Taxes on production and imports less subsidies plus business current transfer payments (net) .............................................................................
Net interest and miscellaneous payments ....................................................
Corporate profits with inventory valuation and capital consumption adjustments (unit profits from current production).........................................
Taxes on corporate income ...........................................................................
Profits after tax with inventory valuation and capital consumption adjustments ...............................................................................................

0.961
0.573
0.259
0.137

0.965
0.572
0.263
0.138

0.965
0.579
0.270
0.141

0.961
0.577
0.270
0.140

0.973
0.590
0.277
0.145

0.977
0.589
0.282
0.147

0.986
0.583
0.282
0.148

0.995
0.598
0.290
0.153

1.000
0.596
0.302
0.161

1.004
0.604
0.304
0.161

0.999
0.598
0.299
0.159

0.997
0.585
0.294
0.155

23
24
25
26

0.093
0.029

0.093
0.032

0.094
0.035

0.093
0.037

0.092
0.040

0.093
0.042

0.092
0.042

0.095
0.042

0.098
0.043

0.101
0.042

0.099
0.041

0.099
0.040

27
28

0.129
0.042

0.131
0.040

0.116
0.038

0.114
0.038

0.106
0.033

0.107
0.034

0.122
0.034

0.106
0.021

0.101
0.025

0.097
0.024

0.102
0.025

0.118
0.030

29
30

0.087

0.090

0.079

0.076

0.073

0.073

0.087

0.085

0.077

0.073

0.077

0.087

31

1. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the chain-type price index for GDP goods and structures is used.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100.

3. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross value added and the consumption of fixed capital.
4. The deflator for gross value added of nonfinancial corporate business divided by 100.
NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-79-

Table 13. Gross Value Added of Nonfinancial Domestic Corporate Business—Table Ends
Seasonally adjusted at annual rates
Line

2010
I

II

7,076.1
1,087.8
5,988.3
4,086.7
3,379.7
707.0
624.6
1,277.1
282.7
80.5

7,193.8
1,091.6
6,102.2
4,157.3
3,437.4
720.0
631.1
1,313.7
286.1
81.2

2011
III

2012

2013

Line

IV

I

II

III

IV

I

II

III

IV

I

7,355.8
1,103.9
6,252.0
4,229.8
3,496.6
733.2
640.1
1,382.1
288.3
86.0

7,464.4
1,115.3
6,349.1
4,339.7
3,596.4
743.4
656.9
1,352.4
287.6
88.3

7,638.0
1,130.4
6,507.5
4,361.5
3,614.2
747.3
665.7
1,480.3
287.3
88.1

7,715.6
1,143.2
6,572.4
4,407.7
3,652.1
755.7
663.5
1,501.2
287.5
90.5

7,727.5
1,154.1
6,573.4
4,388.3
3,636.2
752.1
670.5
1,514.6
286.5
90.3

7,949.7
1,168.8
6,781.0
4,549.1
3,782.3
766.8
685.8
1,546.1
290.9
99.5

8,007.0
1,184.1
6,822.9
4,570.5
3,799.9
770.6
684.8
1,567.6
294.7
96.3

8,002.9
1,195.2
6,807.7
4,589.1
3,815.2
773.9
683.2
1,535.3
297.2
89.7

8,163.8
1,204.7
6,959.1
4,694.5
3,901.7
792.8
687.6
1,577.0
299.3
84.3

8,157.4
1,218.5
6,938.9
4,648.6
3,863.5
785.1
697.3
1,593.0
322.5
80.1

1
2
3
4
5
6
7
8
9
10

Billions of dollars
1
Gross value added of nonfinancial corporate business .........................
2 Consumption of fixed capital.................................................................................
3 Net value added ..................................................................................................
4 Compensation of employees.............................................................................
5
Wages and salaries.......................................................................................
6
Supplements to wages and salaries .............................................................
7 Taxes on production and imports less subsidies...............................................
8 Net operating surplus........................................................................................
9
Net interest and miscellaneous payments ....................................................
10
Business current transfer payments (net) .....................................................
11
Corporate profits with inventory valuation and capital consumption adjustments 12
Taxes on corporate income .......................................................................
13
Profits after tax with inventory valuation and capital consumption adjustments 14
Net dividends.........................................................................................
15
Undistributed profits with inventory valuation and capital consumption adjustments .......................................................................................
Addenda:
16 Profits before tax (without inventory valuation and capital consumption adjustments).................................................................................................. 17 Profits after tax (without inventory valuation and capital consumption adjustments) 18 Inventory valuation adjustment .........................................................................
19 Capital consumption adjustment.......................................................................

7,346.8
1,095.1
6,251.8
4,198.2
3,470.8
727.4
636.3
1,417.3
287.6
85.0

913.9
208.8

946.5 1,044.6 1,007.8
220.2 229.3 223.9

976.5 1,104.9 1,123.2 1,137.8 1,155.6 1,176.7 1,148.4 1,193.4 1,190.3
216.1 226.0 229.8 217.3 252.5 257.8 249.1 268.4 266.6

11
12

705.0
356.8

726.2
346.3

815.3
394.3

783.9
404.4

760.4
411.0

878.9
439.5

893.5
466.5

920.5
444.2

903.1
456.0

918.9
457.5

899.4
461.2

925.0
540.4

923.7
483.3

13
14

348.2

379.9

421.0

379.4

349.4

439.4

427.0

476.3

447.2

461.4

438.1

384.6

440.5

15

986.6 1,058.5 1,033.5 1,028.3 1,283.7 1,282.9 1,288.8 1,319.4 1,307.7

16

1,007.1 1,025.8 1,079.2 1,025.2
798.3
–40.1
–53.2

805.6
–20.6
–58.7

849.9
–18.1
–16.6

801.2 770.5
–85.3 –120.1
67.9 110.0

832.5
–68.2
114.6

803.7
–27.7
117.4

811.0 1,031.2 1,025.1 1,039.7 1,051.0 1,041.1
–8.2 –19.5
9.8 –22.0
–8.4 –13.0
117.7 –108.5 –116.1 –118.4 –117.6 –104.3

17
18
19

20
Gross value added of nonfinancial corporate business ....................... 7,178.5 7,227.4 7,314.7 7,257.2 7,365.1 7,479.5 7,465.6 7,548.1 7,710.0 7,740.1 7,701.5 7,821.0 7,789.8
21 Consumption of fixed capital 2 .............................................................................. 1,090.7 1,091.9 1,094.0 1,097.3 1,101.7 1,106.9 1,112.7 1,118.9 1,125.3 1,132.3 1,139.4 1,147.1 1,156.0
22 Net value added 3 ................................................................................................. 6,087.8 6,135.5 6,220.7 6,159.9 6,263.4 6,372.6 6,352.9 6,429.3 6,584.7 6,607.8 6,562.2 6,673.9 6,633.8

20
21
22

Billions of chained (2009) dollars
1

Dollars; quarters seasonally adjusted

23
24
25
26
27
28
29
30
31

Price, costs, and profits per unit of real gross value added of nonfinancial corporate business:
Price per unit of real gross value added of nonfinancial corporate business 4
Compensation of employees (unit labor cost)...................................................
Unit nonlabor cost.............................................................................................
Consumption of fixed capital .........................................................................
Taxes on production and imports less subsidies plus business current transfer payments (net) .............................................................................
Net interest and miscellaneous payments ....................................................
Corporate profits with inventory valuation and capital consumption adjustments (unit profits from current production).........................................
Taxes on corporate income ...........................................................................
Profits after tax with inventory valuation and capital consumption adjustments ...............................................................................................

0.986
0.569
0.289
0.152

0.995
0.575
0.290
0.151

1.004
0.574
0.288
0.150

1.014
0.583
0.292
0.152

1.013
0.589
0.291
0.151

1.021
0.583
0.290
0.151

1.033
0.590
0.293
0.153

1.024
0.581
0.292
0.153

1.031
0.590
0.292
0.152

1.034
0.590
0.292
0.153

1.039
0.596
0.294
0.155

1.044
0.600
0.291
0.154

1.047
0.597
0.297
0.156

23
24
25
26

0.098
0.039

0.099
0.040

0.099
0.039

0.100
0.040

0.101
0.039

0.101
0.038

0.101
0.039

0.101
0.038

0.102
0.038

0.101
0.038

0.100
0.039

0.099
0.038

0.100
0.041

27
28

0.127
0.029

0.131
0.030

0.143
0.031

0.139
0.031

0.133
0.029

0.148
0.030

0.150
0.031

0.151
0.029

0.150
0.033

0.152
0.033

0.149
0.032

0.153
0.034

0.153
0.034

29
30

0.098

0.100

0.111

0.108

0.103

0.118

0.120

0.122

0.117

0.119

0.117

0.118

0.119

31

1. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the chain-type price index for GDP goods and structures is used.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100.

3. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross value added and the consumption of fixed capital.
4. The deflator for gross value added of nonfinancial corporate business divided by 100.
NOTE. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

-80-

Appendix Table A. Real Gross Domestic Product and Related Aggregates and Price Indexes:
Percent Change From Preceding Period and Contributions to Percent Change—Continues
Seasonally adjusted at annual rates
Line

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2007

2008

Line

I

II

III

IV

I

II

Percent change from preceding period

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

Gross domestic product (GDP) and related aggregates: GDP ......................................................................
Goods ...................................................................
Services ................................................................
Structures .............................................................
Motor vehicle output..............................................
GDP excluding motor vehicle output.....................
Final sales of computers 1 ....................................
GDP excluding final sales of computers ...............
Research and development ..................................
GDP excluding research and development...........
Farm gross value added 2 .....................................
Nonfarm business gross value added 3 ................
Price indexes:
GDP ......................................................................
GDP excluding food and energy 4.........................
GDP excluding final sales of computers ...............
Gross domestic purchases ...................................
Gross domestic purchases excluding food and energy 4 ............................................................
Gross domestic purchases excluding final sales of computers to domestic purchasers ...............
Personal consumption expenditures (PCE) ..........
PCE excluding food and energy 4 .........................
Market-based PCE 5 .............................................
Market-based PCE excluding food and energy 5

1.8
1.8
2.3
–1.7
11.4
1.5
3.1
1.8
1.2
1.8
4.2
1.8

2.8
3.9
2.0
3.9
1.3
2.8
17.2
2.7
2.8
2.8
11.0
4.0

3.8
5.3
2.8
4.9
4.1
3.8
4.8
3.8
2.6
3.8
7.0
4.5

3.4
5.0
2.6
3.3
3.8
3.3
17.4
3.3
4.9
3.3
5.8
3.7

2.7
5.4
2.3
–2.7
–1.3
2.8
24.7
2.5
4.8
2.6
0.8
3.0

1.8
4.0
2.3
–6.8
0.3
1.8
16.3
1.7
4.6
1.7
–15.9
2.1

–0.3
–0.7
1.3
–8.8
–17.9
0.2
17.3
–0.4
2.6
–0.4
9.9
–1.1

–2.8
–5.6
0.4
–15.3
–24.3
–2.3
3.7
–2.8
–1.0
–2.9
15.9
–4.3

2.5
8.6
1.1
–7.8
30.2
2.0
–4.5
2.5
1.9
2.5
1.5
3.2

1.8
4.3
1.1
–1.7
10.1
1.7
10.2
1.8
1.3
1.9
–5.1
2.5

2.8
5.1
1.2
7.3
13.2
2.5
12.9
2.7
–0.3
2.9
–1.1
3.7

0.3
–0.5
1.6
–4.9
11.5
–0.1
–0.3
0.3
0.8
0.3
–14.1
0.2

3.1
7.1
1.8
–0.5
4.8
3.1
6.5
3.1
2.4
3.1
–19.2
3.9

2.7
5.8
2.8
–6.4
–2.2
2.9
50.4
2.5
0.2
2.8
–23.4
3.4

1.5
5.0
2.1
–11.4
–14.8
2.0
43.9
1.3
11.1
1.2
25.1
1.1

–2.7
–6.1
0.8
–12.7
–15.6
–2.3
3.4
–2.7
2.2
–2.8
58.3
–4.6

2.0
5.1
1.3
–2.6
–20.0
2.6
23.4
1.9
2.5
2.0
–20.0
2.4

1
2
3
4
5
6
7
8
9
10
11
12

1.5
1.8
1.7
1.4

2.0
1.9
2.1
2.2

2.7
2.7
2.8
2.9

3.2
3.4
3.3
3.5

3.1
3.1
3.2
3.2

2.7
2.6
2.8
2.7

1.9
2.1
2.0
3.0

0.8
0.5
0.9
–0.2

1.2
1.4
1.3
1.5

2.0
1.8
2.0
2.3

1.7
1.7
1.8
1.7

4.5
4.1
4.6
4.3

2.3
1.7
2.4
2.8

1.3
1.6
1.5
2.1

1.7
2.5
1.8
3.5

2.3
2.8
2.4
3.6

1.8
1.8
1.9
3.9

13
14
15
16

1.6

1.9

2.7

3.2

3.0

2.5

2.3

0.5

1.3

1.7

1.6

3.8

1.7

1.9

2.6

3.0

2.4

17

1.6
1.3
1.7
1.1
1.5

2.4
2.0
1.5
1.9
1.4

3.1
2.4
1.9
2.4
1.7

3.7
2.9
2.2
2.8
2.0

3.4
2.7
2.2
2.7
2.2

2.9
2.5
2.2
2.5
2.0

3.1
3.1
2.1
3.4
2.3

–0.1
–0.1
1.2
0.4
1.9

1.6
1.7
1.3
1.5
1.0

2.4
2.4
1.4
2.5
1.4

1.7
1.8
1.8
1.8
1.8

4.4
3.8
2.9
3.6
2.5

2.9
3.2
1.4
3.5
1.5

2.2
2.3
2.0
2.0
1.6

3.6
4.1
2.7
4.4
2.9

3.8
3.5
2.3
3.8
2.5

4.0
4.2
2.0
4.5
2.0

18
19
20
21
22

Contributions to percent change in real gross domestic product

23
24
25
26
27
28
29

Percent change at annual rate:
Gross domestic product.................................
Percentage points at annual rates:
Goods .......................................................................
Services....................................................................
Structures .................................................................
Motor vehicle output .................................................
Final sales of computers...........................................
Research and development......................................

1.8

2.8

3.8

3.4

2.7

1.8

–0.3

–2.8

2.5

1.8

2.8

0.3

3.1

2.7

1.5

–2.7

2.0

23

0.57
1.37
–0.17
0.37
0.03
0.03

1.20
1.22
0.37
0.04
0.12
0.07

1.60
1.70
0.50
0.13
0.03
0.06

1.47
1.52
0.36
0.12
0.10
0.12

1.57
1.39
–0.30
–0.04
0.14
0.11

1.17
1.36
–0.74
0.01
0.09
0.11

–0.21
0.81
–0.89
–0.49
0.09
0.07

–1.63
0.23
–1.40
–0.53
0.02
–0.02

2.39
0.72
–0.61
0.53
–0.02
0.05

1.26
0.70
–0.12
0.23
0.04
0.04

1.53
0.76
0.49
0.32
0.05
–0.01

–0.18
0.96
–0.52
0.31
0.00
0.02

2.06
1.10
–0.04
0.13
0.04
0.06

1.70
1.70
–0.68
–0.06
0.23
0.01

1.46
1.22
–1.21
–0.43
0.21
0.26

–1.81
0.47
–1.32
–0.43
0.02
0.06

1.42
0.82
–0.25
–0.54
0.12
0.06

24
25
26
27
28
29

1. For some components of final sales of computers, includes computer parts.
2. Farm output less intermediate goods and services purchased.
3. Consists of GDP less gross value added of farm, of households and institutions, and of general government.
4. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.

5. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
See “Explanatory Note” at the end of the tables.

-81-

Appendix Table A. Real Gross Domestic Product and Related Aggregates and Price Indexes:
Percent Change From Preceding Period and Contributions to Percent Change—Table Ends
Seasonally adjusted at annual rates
Line

2008
III

2009
IV

I

II

2010
III

IV

I

II

2011
III

IV

I

II

2012
I

II

2013
III

IV

I

Line

III

IV

II

1.4
–0.3
1.3
9.5
11.0
1.1
–2.8
1.4
1.1
1.4
6.6
1.7

4.9
15.5
–0.2
8.4
25.4
4.4
44.3
4.7
–0.3
5.0
43.0
5.9

2.5
1.9
2.5
2.0

0.5
0.9
0.5
0.9

2.0
2.4
2.0
2.3

1.8
1.5
1.8
1.0

2.3
1.3
2.3
1.4

1.1
1.4
1.2
1.6

1.3
1.6
1.4
1.2

0.7
1.1
0.8
0.3

13
14
15
16

1.8

1.0

2.2

1.5

1.2

1.3

1.4

0.8

17

2.1
2.3
2.0
2.4
2.1

0.9
1.3
1.6
1.3
1.6

2.3
2.3
2.2
2.3
2.2

1.0
1.1
1.8
0.9
1.7

1.4
1.7
1.4
1.6
1.3

1.6
1.6
1.3
1.4
0.9

1.3
1.1
1.4
1.3
1.6

0.3
0.0
0.8
–0.2
0.6

18
19
20
21
22

1.4

4.9

3.7

1.2

2.8

0.1

1.1

1.7

23

1.46 –0.36 1.63
1.00 –0.35 0.21
0.32 0.85 –0.70
0.01 –0.07 0.24
0.00 0.16 0.07
0.04 0.01 0.00

0.88
0.24
0.55
0.27
0.07
0.08

24
25
26
27
28
29

Percent change from preceding period

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

Gross domestic product (GDP) and related aggregates: GDP ...................................................................... –2.0 –8.3 –5.4 –0.4
1.3
3.9
1.6
3.9
2.8
2.8 –1.3
3.2
Goods ................................................................... –4.5 –22.2 –8.9
0.4
4.0 16.4 10.4
4.7
9.7
6.0 –0.9
5.9
Services ................................................................
0.2
0.3 –1.0
1.6
0.8
1.2
0.1
2.0
1.7
1.6
0.2
1.5
Structures ............................................................. –7.7 –17.6 –23.5 –17.2 –4.0 –15.2 –16.7 18.3 –13.8
0.5 –15.3
8.2
Motor vehicle output.............................................. –24.1 –60.1 –57.5 27.8 123.8 16.3 36.8 18.0 24.1 –13.2 31.5 –5.2
GDP excluding motor vehicle output..................... –1.4 –6.8 –4.2 –0.8 –0.1
3.7
0.9
3.6
2.3
3.2 –2.0
3.4
Final sales of computers 1 .................................... –7.3
2.1 32.7 –4.1 –18.9 –13.1 27.5 –27.2 –8.0 34.6 22.6
0.5
GDP excluding final sales of computers ............... –1.9 –8.4 –5.6 –0.4
1.4
4.0
1.5
4.1
2.8
2.7 –1.4
3.2
Research and development .................................. –4.3 –0.7 –5.6
4.2
0.1
3.9
1.1 –1.0
5.7
2.2 –0.1
1.0
GDP excluding research and development........... –1.9 –8.5 –5.4 –0.5
1.3
3.9
1.6
4.0
2.7
2.8 –1.3
3.2
Farm gross value added 2 ..................................... –8.5 79.7
0.1
5.1 68.0 –16.8 –16.9 29.8 –1.2 –25.6 12.1 –31.3
Nonfarm business gross value added 3 ................ –3.1 –12.0 –7.4 –1.1
0.8
5.0
2.1
4.7
4.2
4.2 –2.1
4.7
Price indexes:
GDP ......................................................................
2.8
0.8
1.0 –0.6
0.0
1.2
1.3
1.9
1.8
2.1
1.6
2.6
GDP excluding food and energy 4.........................
2.5 –0.4 –0.2
0.4
0.6
1.9
1.7
1.6
1.3
1.7
1.9
2.6
GDP excluding final sales of computers ...............
2.8
0.9
1.1 –0.5
0.1
1.2
1.4
1.9
1.9
2.1
1.7
2.7
Gross domestic purchases ...................................
3.8 –3.6 –2.4
0.3
1.3
2.2
1.8
1.0
1.3
2.3
2.8
3.5
Gross domestic purchases excluding food and energy 4 ............................................................
2.5
0.0 –0.6
0.4
0.3
1.8
1.5
1.4
1.1
1.4
1.8
2.6
Gross domestic purchases excluding final sales of computers to domestic purchasers ...............
3.9 –3.5 –2.3
0.4
1.4
2.3
1.8
1.0
1.3
2.3
3.0
3.6
Personal consumption expenditures (PCE) ..........
4.1 –5.6 –2.2
1.8
2.5
2.8
1.4
0.5
1.2
2.1
3.0
3.7
PCE excluding food and energy 4 .........................
1.8
0.4
0.5
2.0
1.1
2.1
1.0
1.1
1.0
0.8
1.3
2.2
Market-based PCE 5 .............................................
5.1 –5.5 –1.3
2.1
2.7
2.4
1.1
0.2
1.1
2.1
3.4
4.0
Market-based PCE excluding food and energy 5
2.6
1.6
2.0
2.3
1.1
1.6
0.7
0.8
0.8
0.6
1.5
2.3

3.7
1.2
2.8
0.1
1.1
1.7
5.6
0.6
4.8 –1.2
5.5
2.9
2.4
1.1
1.6 –0.6
0.3
0.4
7.3
4.5
4.7 12.7 –9.2
7.9
28.4
6.3
0.2 –2.8
9.2 10.4
3.1
1.1
2.9
0.2
0.9
1.4
35.0 –21.7
0.9 50.3 17.5 19.3
3.6
1.3
2.8
0.0
1.1
1.6
–1.1 –2.2
1.7
0.4 –0.2
3.3
3.8
1.3
2.8
0.1
1.2
1.6
–3.0
5.1 –30.8 –27.0 179.6 –14.2
5.0
1.6
4.1
0.7 –0.3
2.6

1
2
3
4
5
6
7
8
9
10
11
12

Contributions to percent change in real gross domestic product

23
24
25
26
27
28
29

Percent change at annual rate:
Gross domestic product.................................
Percentage points at annual rates:
Goods .......................................................................
Services....................................................................
Structures .................................................................
Motor vehicle output .................................................
Final sales of computers...........................................
Research and development......................................

–2.0

–8.3

–1.40
0.16
–0.73
–0.62
–0.04
–0.11

–6.89
0.26
–1.70
–1.76
0.02
–0.02

–5.4

–0.4

1.3

3.9

1.6

3.9

2.8

2.8

–1.3

3.2

–2.62 0.02 1.06 4.37 2.90 1.40 2.74 1.74 –0.31 1.71 –0.10 4.43 1.72 0.22
–0.55 1.08 0.52 0.75 0.02 1.30 1.09 1.03 0.13 0.95 0.85 –0.12 1.50 0.69
–2.27 –1.52 –0.29 –1.24 –1.33 1.20 –1.05 0.04 –1.11 0.53 0.62 0.56 0.49 0.30
–1.34 0.35 1.38 0.30 0.67 0.38 0.50 –0.32 0.63 –0.13 0.25 0.57 0.66 0.17
0.16 –0.02 –0.10 –0.06 0.11 –0.14 –0.03 0.12 0.09 0.01 –0.01 0.15 0.13 –0.11
–0.13 0.11 0.00 0.10 0.03 –0.03 0.14 0.06 0.00 0.03 0.03 –0.01 –0.03 –0.06

1. For some components of final sales of computers, includes computer parts.
2. Farm output less intermediate goods and services purchased.
3. Consists of GDP less gross value added of farm, of households and institutions, and of general government.
4. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.

5. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
See “Explanatory Note” at the end of the tables.

-82-

Explanatory Note: NIPA Measures of Quantities and Prices
Current-dollar GDP is a measure of the market value of goods, services, and structures produced in the economy in a particular period. Changes in current-dollar GDP can be decomposed into quantity and price components. Quantities, or "real" measures, and prices are expressed as index numbers with the reference year -- at present, the year 2009 -- equal to 100.
Annual changes in quantities and prices are calculated using a Fisher formula that incorporates weights from two adjacent years. (Quarterly changes in quantities and prices are calculated using a Fisher formula that incorporates weights from two adjacent quarters; quarterly indexes are adjusted for consistency to the annual indexes before percent changes are calculated.) For example, the 2008-09 annual percent change in real GDP uses prices for 2008 and 2009 as weights, and the 2008-09 annual percent change in GDP prices uses quantities for 2008 and 2009 as weights. These annual changes are
"chained" (multiplied) together to form time series of quantity and price indexes. Percent changes in
Fisher indexes are not affected by the choice of reference year. (BEA also publishes a measure of the price level known as the implicit price deflator (IPD), which is calculated as the ratio of the current-dollar value to the corresponding chained-dollar value, multiplied by 100. The values of the IPD are very close to the values of the corresponding "chain-type" price index.)
Index numbers of quantity and price indexes for GDP and its major components are presented in this release in tables 5 and 6. Percent changes from the preceding period are presented in tables 1, 4, 7, 8, and appendix table A. Contributions by major components to the percent change in real GDP are presented in table 2.
Measures of real GDP and its major components are also presented in dollar-denominated form, designated "chained (2009) dollar estimates." For most series, these estimates, which are presented in table 3, are computed by multiplying the current-dollar value in 2009 by a corresponding quantity index number and then dividing by 100. For example, if a current-dollar GDP component equaled $100 in 2009 and if real output for this component increased 10 percent in 2010, then the chained (2009) dollar value of this component in 2010 would be $110 (= $100 x 110 / 100). Percent changes calculated from chained-dollar estimates and from chain-type quantity indexes are the same; any differences will be small and due to rounding.
Chained-dollar values for the detailed GDP components will not necessarily sum to the chained-dollar estimate of GDP (or to any intermediate aggregate). This is because the relative prices used as weights for any period other than the reference year differ from those of the reference year. A measure of the extent of such differences is provided by a “residual” line, which indicates the difference between GDP (or other major aggregate) and the sum of the most detailed components in the table. For periods close to the reference year, when there usually has not been much change in the relative prices that are used as weights, the residuals tend to be small, and the chained-dollar estimates can be used to approximate the contributions to growth and to aggregate the detailed estimates. For periods further from the reference year, the residuals tend to be larger, and the chained-dollar estimates are less useful for analyses of contributions to growth. Thus, the contributions to percent change shown in table 2 provide a better measure of the composition of GDP growth. In particular, for components for which relative prices are changing rapidly, calculation of contributions using chained-dollar estimates may be misleading even just a few years from the reference year.
Reference "Chained-Dollar Indexes: Issues, Tips on Their Use, and Upcoming Changes," November 2003
Survey, pp. 8-16.

-83-

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...STAT2011 Statistical Models sydney.edu.au/science/maths/stat2011 Semester 1, 2014 Computer Exercise Weeks 1 Due by the end of your week 2 session Last compiled: March 11, 2014 Username: mac 1. Below appears the code to generate a single sample of size 4000 from the population {1, 2, 3, 4, 5, 6}. form it into a 1000-by-4 matrix and then find the minimum of each row: > rolls1 table(rolls1) rolls1 1 2 3 4 5 6 703 625 679 662 672 659 2. Next we form this 4000-long vector into a 1000-by-4 matrix: > four.rolls=matrix(rolls1,ncol=4,nrow=1000) 3. Next we find the minimum of each row: > min.roll=apply(four.rolls,1,min) 4. Finally we count how many times the minimum of the 4 rolls was a 1: > sum(min.roll==1) [1] 549 5. (a) First simulate 48,000 rolls: > rolls2=sample(x=c(1,2,3,4,5,6),size=48000,replace=TRUE) > table(rolls2) rolls2 1 2 3 4 5 6 8166 8027 8068 7868 7912 7959 (b) Next we form this into a 2-column matrix (thus with 24,000 rows): > two.rolls=matrix(rolls2,nrow=24000,ncol=2) (c) Here we compute the sum of each (2-roll) row: > sum.rolls=apply(two.rolls,1,sum) > table(sum.rolls) sum.rolls 2 3 4 5 6 7 8 9 10 11 742 1339 2006 2570 3409 4013 3423 2651 1913 1291 1 12 643 Note table() gives us the frequency table for the 24,000 row sums. (d) Next we form the vector of sums into a 24-row matrix (thus with 1,000 columns): > twodozen=matrix(sum.rolls,nrow=24,ncol=1000,byrow=TRUE) (e) To find the 1,000 column minima use > min.pair=apply(twodozen,2,min) (f) Finally compute the...

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...Jasmine Petersen Dr. Abdeljabbar MAT 1111 April 23, 2014 Algebra is one of the most important subjects someone can learn. It is a subject that transfers into daily life. A lot of people do not realize that they are using algebra. Algebra can be anything from calculating the amount of money you’ve spent on your grocery shopping, designing structural plans for a building, and keeping track of the calories you have in your diet. Our professor told us that in every subject, we use math. My major is chemistry and mathematics is used widely in chemistry as well as all other sciences. Mathematical calculations are absolutely necessary to explore important concepts in chemistry. You’ll need to convert things from one unit to another. For example, you need to convert 12 inches to feet. Also, we use simple arithmetic to balance equations. A lot of things I’ve had learned from this course and one of them was that we use Math for everyday life. I’ve also learned many ways how to solve equations such as linear, quadratic, exponential, and logarithmic equations. All the material that we did learn was all easy to learn and understand. I believe that the instructor did a good job explaining on how to solve problems. If my friend was asking me how to determine the differences between the equation of the ellipse and the equation of the hyperbola, I would first give he or she the definition of the two words ellipse and hyperbola. An ellipse is a set of all points in a plane such that the sum...

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...A | Course Title & Number | Calculus II: MTH104 | B | Pre/Co-requisite(s) | Pre-requisite: MTH103 (Calculus I) | C | Number of credits | 3 | D | Faculty Name | Dr. Ghada Alobaidi | E | Term/ Year | Fall 2014 | F | Sections | Course | Days | Time | Location | MTH104.02 MTH104.04MTH104.06 | UTR UTRMW | 9:00-9:50 10:00-10:50 8:00-9:15 | PHY 113NAB 007NAB010 | | | | | | G | Instructor Information | Instructor | Office | Telephone | Email | Ghada Alobaidi | NAB 249 | 06 515 2754 | galobaidi@aus.edu | Office Hours: UT: 11:00 – 12:30 , R: 11:00 – 12:00 or by appointment. | H | Course Description from Catalog | Covers techniques of integration, improper integrals, sequences, infinite series, power series, parameterized curves, polar coordinates, integration in polar coordinates and complex numbers. | I | Course Learning Outcomes | Upon completion of the course, students will be able to: * Read, analyze, and apply to problems, written material related to the study of calculus. * Use the appropriate technique(s) – including integration by parts, trigonometric substitutions, partial fractions, etc. to integrate algebraic, logarithmic, exponential, trigonometric, and composite functions. * Evaluate improper integrals and test them for convergence. * Compute arc length and surface area of revolution of graphs and parametric curves. * Graph polar curves and find enclosed area and arc length. * Apply theorems about limits of...

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...Math is used everyday – adding the cost of the groceries before checkout, totaling up the monthly bills, estimating the distance and time a car ride is to a place a person has not been. The problems worked this week have showed how math works in the real world. This paper will show how two math problems from chapter five real world applications numbers 35 and 37 worked out. Number 35 A person hired a firm to build a CB radio tower. The firm charges $100 for labor for the first 10 feet. After that, the cost of labor for each succeeding 10 feet is $25 more than the preceding 10 feet. That is, the nest 10 feet will cost $125; the next 10 feet will cost $150, etc. How much will it cost to build a 90-foot tower? Solving this problem involves the arithmetic sequence. The arithmetic sequence is a sequence of numbers in which each succeeding term differs from the preceding term by the same amount (Bluman, 2011). n = number of terms altogether n = 9 d = the common differences d = 25 ª1 = first term ª1 = 100 ªn = last term ª2 = ª9 The formula used to solve this problem came from the book page 222. ªn = ª1 + (n -1)d ª9 = 100 + (9-1)25 ª9 = 100 + (8)25 ...

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...you come to geometry, your opinion may vary. This class introduces a lot of new topics, which can be challenging, and take lots of practice outside of school if you do not pay attention or do your math homework. I strongly advise you to do your math homework everyday, not for just a grade, but it also helps you when it comes time for quizzes and tests. She rarely checks homework, but when she does, she will not tell you. It is also a great review for tests and quizzes. Ms.Hull’s tests and quizzes are not the easiest things you will take. The quizzes take new concepts and apply to the quiz. Also, her tests are usually always hard. It is a good idea to practice new concepts and review old ones from previous units, so you can get a good grade on the tests. I also advise you to be organized throughout the year. Organization is the key to success especially in math class. Tool kits are an extremely helpful resource to use. There are going to be a lot of conjectures and theorems that will be new, and it would be hard to just memorize them. My overall geometry year was not exactly the way I hoped it would turn out. It was extremely had, and it moves at a very quick pace, so keeping up was hard for me personally. If I could have done something differently, it would have been practicing math more often. Each concept was hard, and I did not have anytime to review it, because I have a lot of honors classes which require a lot of work too. The key to being successful in this course...

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...Math was always the class that could never quite keep my attention in school. I was a daydreamer and a poor student and applying myself to it was pretty much out of the question. When I would pay some attention I would still forget the steps it had taken me to find the solution. So, when the next time came around I was lost. This probably came about because as a kid I wasn’t real fond of structure. I was more into abstract thought and didn’t think that life required much more than that at the time. I was not interested in things I had to write down and figure out step by step on a piece of paper. I figured I could be Tom Sawyer until about the age of seventy two. My thoughts didn’t need a rhyme or reason and didn’t need laws to keep them within any certain limits. The furthest I ever made it in school was Algebra II and I barely passed that. The reason wasn’t that I couldn’t understand math. It was more that I didn’t apply myself to the concepts of it, or the practice and study it took to get there. I was always more interested in other concepts. Concepts that were gathered by free thinkers, philosophers, idealists. Now I knew that a lot of those figures I read about tried their hand in the sciences, physics, and mathematics in their day, but I was more interested in their philosophical views on everyday life. It was not until I started reading on the subject of quantum physics and standard physics that I became interested in math. The fact that the laws of standard physics...

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