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April 29, 2015
2015:I (Advance) Comparisons
Percent Change From Preceding Period in Real Gross Domestic Product and Related Measures
[Percent]
2015:I
% change
Gross domestic product (GDP)
Personal consumption expenditures (PCE)
Goods
Durable goods
Nondurable goods
Services

Last quarter with
equal value

Last quarter with
larger value

Last quarter with
smaller value

0.2

I 2007

0.2

IV 2014

2.2

I 2014

-2.1

1.9
0.2
1.1
-0.3
2.8

IV 2012

1.9

IV 2007
II 2004

-0.3
2.8

IV 2014
IV 2014
IV 2014
IV 2014
IV 2014

4.4
4.8
6.2
4.1
4.3

I 2014
II 2011
II 2011
III 2011
III 2014

1.2
-0.8
-2.6
-1.0
2.5

3.7
4.5
4.7
5.9
0.6
10.3
3.8

I 2014
IV 2009
IV 2009
I 2011
I 2014
II 2014
I 2014

-6.9
-2.8
-3.6
-27.1
-1.0
5.5
-5.3

Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment
Intellectual property products
Residential

2.0
-2.5
-3.4
-23.1
0.1
7.8
1.3

III 1991

-3.4

IV 1976
II 1953

7.8
1.3

IV 2014
IV 2014
IV 2014
IV 2014
IV 2014
IV 2014
IV 2014

Exports of goods and services
Goods
Services
Imports of goods and services
Goods
Services

-7.2
-13.3
7.3
1.8
0.9
6.3

II 2007
IV 2013
III 1993

1.8
0.9
6.3

IV 2014
IV 2014
IV 2014
IV 2014
IV 2014
IV 2014

4.5
2.4
9.2
10.4
10.4
10.0

I 2014
I 2009
III 2014
III 2014
III 2014
III 2014

-9.2
-34.9
-1.9
-0.9
-1.3
1.0

III 2014
III 2014
III 2014
I 2014
IV 2014

4.4
9.9
16.0
6.6
1.6

IV 2014
IV 2014
IV 2014
IV 2014
I 2012

-1.9
-7.3
-12.2
1.5
-2.6

IV 2014
IV 2014
IV 2014
IV 2012
IV 2014

2.3
3.2
3.3
11.8
2.4

I 2014
I 2014
I 2011
IV 2014
I 2014

-1.0
-0.4
-0.4
3.6
-0.8

-1.5

IV 2014

-0.1

I 2009

-2.4

0.3

IV 2014

0.7

I 2009

-0.6

GDP
GDP excluding food and energy
GDP implicit price deflator

-0.1
0.4
-0.1

III 2009

-0.1

IV 2014
IV 2014
IV 2014

0.1
0.7
0.2

II 2009
II 2009
II 2009

-0.6
0.3
-0.7

PCE
PCE excluding food and energy

-2.0
0.9

III 1997

0.9

IV 2014
IV 2014

-0.4
1.1

I 2009
IV 2010

-2.2
0.8

Market-based PCE
Market-based PCE excluding food and energy

-2.6
0.5

IV 2014
IV 2014

-0.9
0.7

IV 2008
I 1987

-5.5
0.0

Government consumption expenditures
and gross investment
Federal
National defense
Nondefense
State and local

-0.8
0.3
-0.7
1.9
-1.5

I 2014
I 1982
III 1949

-0.8
0.3
-0.7

II 2003

-1.5

Addenda:
Final sales of domestic product
Gross domestic purchases
Final sales to domestic purchasers
Disposable personal income
Current-dollar GDP

-0.5
1.5
0.7
6.2
0.1

IV 2009
I 2003
I 2014
III 1983

-0.5
1.5
0.7
6.2

Chain-type price measures:
Gross domestic purchases
Gross domestic purchases
excluding food and energy

1

April 29, 2015
2015:I (Advance) Comparisons
Contributions to Percent Change in Real Gross Domestic Product
2015:I
contribution

Last quarter with
equal value

Last quarter with
larger value

Last quarter with
smaller value

Percent change at annual rate:
Gross domestic product

0.2

I 2007

0.2

IV 2014

2.2

I 2014

-2.1

Personal consumption expenditures
Goods
Durable goods
Nondurable goods
Services

1.31
0.05
0.09
-0.04
1.26

IV 1951

1.31

IV 1967

0.09

IV 1985

1.26

IV 2014
IV 2014
IV 2014
IV 2014
IV 2014

2.98
1.07
0.45
0.61
1.91

I 2014
II 2011
II 2011
III 2011
III 2014

0.83
-0.18
-0.19
-0.17
1.15

Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment
Intellectual property products
Residential
Change in private inventories

0.34
-0.40
-0.44
-0.75
0.00
0.30
0.04
0.74

IV 2014
IV 2014
IV 2014
IV 2014
IV 2014
IV 2014
IV 2014
II 2014

0.61
0.72
0.60
0.17
0.04
0.39
0.12
1.42

I 2014
II 2009
III 2009
IV 2009
I 2014
II 2014
I 2014
IV 2014

-1.13
-2.13
-0.54
-0.98
-0.06
0.21
-0.17
-0.10

Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services

-1.25
-0.96
-1.26
0.29
-0.29
-0.12
-0.17

IV 1989
I 2012
IV 2013
II 2005

0.29
-0.29
-0.12
-0.17

IV 2014
IV 2014
IV 2014
IV 2014
III 2014
III 2014
III 2014

-1.03
0.59
0.22
0.37
0.16
0.19
-0.03

I 2014
I 2014
I 2009
III 2014
IV 2014
IV 2014
IV 2014

-1.66
-1.30
-3.15
-0.08
-1.62
-1.35
-0.27

Government consumption expenditures
and gross investment
Federal
National defense
Nondefense
State and local

-0.15
0.02
-0.03
0.05
-0.17

I 2014
IV 2009
II 1990
I 2004
III 2011

-0.15
0.02
-0.03
0.05
-0.17

III 2014
III 2014
III 2014
I 2014
IV 2014

0.80
0.68
0.66
0.17
0.18

IV 2014
IV 2014
IV 2014
IV 2014
I 2012

-0.35
-0.53
-0.57
0.04
-0.31

Percentage points at annual rates:

I 1947
IV 2004
IV 1987

2

0.00
0.30
0.04