View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

February 27, 2015
2014:IV (Second Estimate) Comparisons
Percent Change From Preceding Period in Real Gross Domestic Product and Related Measures
[Percent]
2014:IV
% change
Gross domestic product (GDP)
Personal consumption expenditures (PCE)
Goods
Durable goods
Nondurable goods
Services

2.2

III 2014

5.0

I 2014

-2.1

4.2
4.5
6.0
3.8
4.1

IV 2010
III 1951
III 1977
II 1999
I 1996

4.2
4.5
6.0
3.8
4.1

I 2006
III 2014
III 2014
I 2013
II 2000

4.6
4.7
9.2
4.8
4.9

III 2014
I 2014
I 2014
III 2014
III 2014

3.2
1.0
3.2
2.5
2.5

I 1992

4.5

III 2002

0.9

II 1985

3.4

III 2014
III 2014
III 2014
II 2014
III 2014
I 2000
II 2014

7.2
7.7
8.9
12.6
11.0
12.1
8.8

I 2014
I 2014
I 2014
III 2014
I 2014
III 2014
III 2014

-6.9
0.2
1.6
4.8
-1.0
8.8
3.2

IV 1981

2.3

IV 1986

5.3

III 2014
III 2014
IV 2012
II 2014
II 2014
II 2014

4.5
7.5
12.7
11.3
12.5
5.6

I 2014
I 2014
III 2014
III 2014
III 2014
III 2014

-9.2
-11.9
-1.9
-0.9
-1.3
1.0

4.4
9.9
16.0
6.6
3.4

IV 2013
IV 2013
IV 2012
III 2014
III 2014

-3.8
-10.4
-20.1
0.4
1.1

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

3.2
2.3
5.1
10.1
11.1
5.3

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

Last quarter with
smaller value

II 2002

5.1
4.5
4.8
5.0
0.9
10.9
3.4

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

Last quarter with
larger value

2.2

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

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

Last quarter with
equal value

-1.8
-7.5
-12.4
1.4
2.0

I 1989

-1.8

III 1989
III 1956

1.4
2.0

III 2014
III 2014
III 2014
I 2014
II 2014

2.1
3.3
3.2
3.8
2.3

I 2001
III 2005
III 1996
II 2013
IV 2001

2.1
3.3
3.2
3.8
2.3

III 2014
III 2014
III 2014
IV 2012
III 2014

5.0
4.1
4.1
11.8
6.4

I 2014
I 2014
I 2014
III 2014
I 2014

-1.0
-0.4
0.7
2.4
-0.8

-0.1

IV 1948

-0.1

III 2014

1.4

I 2009

-2.4

III 2014

1.6

III 2009

0.4

1.4
1.7
1.4

III 2009
III 2009
III 2009

0.0
0.6
-0.1

0.7

GDP
GDP excluding food and energy
GDP implicit price deflator

0.1
0.7
0.1

IV 1949

0.1

I 1953

0.1

III 2014
III 2014
III 2014

PCE
PCE excluding food and energy

-0.4
1.1

IV 1954
II 2010

-0.4
1.1

III 2014
III 2014

1.2
1.4

I 2009
II 2013

-2.2
1.0

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

-1.0
0.6

IV 2010

0.6

III 2014
III 2014

1.2
1.4

I 2009
I 1987

-1.3
0.0

1

February 27, 2015
2014:IV (Second Estimate) Comparisons
Contributions to Percent Change in Real Gross Domestic Product
2014:IV
contribution

Last quarter with
equal value

Last quarter with
larger value

Last quarter with
smaller value

Percent change at annual rate:
Gross domestic product

2.2

II 2002

2.2

III 2014

5.0

I 2014

-2.1

Personal consumption expenditures
Goods
Durable goods
Nondurable goods
Services

2.83
1.01
0.44
0.57
1.82

IV 1994
II 1971
IV 2006
III 1985
II 1968

2.83
1.01
0.44
0.57
1.82

I 2006
III 2014
III 2014
I 2013
II 2000

3.01
1.06
0.67
0.74
2.08

III 2014
I 2014
I 2014
III 2014
III 2014

2.21
0.23
0.23
0.39
1.15

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

0.84
0.71
0.61
0.14
0.05
0.41
0.11
0.12

III 1976
III 2006
III 2014
II 1951

0.71
0.61
0.14
0.05

II 2012

0.11

III 2014
III 2014
III 2014
II 2014
III 2014
I 2000
II 2014
II 2014

1.18
1.21
1.10
0.35
0.63
0.45
0.27
1.42

I 2014
I 2014
I 2014
I 2014
I 2014
III 2014
III 2014
III 2014

-1.13
0.03
0.20
0.08
-0.06
0.34
0.10
-0.03

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

-1.15
0.42
0.22
0.21
-1.58
-1.43
-0.14

III 1996
II 1999
III 1989
I 1993
II 2002

-1.15
0.42
0.22
0.21
-1.58

IV 2009

-0.14

III 2014
III 2014
III 2014
IV 2012
III 2014
III 2014
III 2014

0.78
0.61
0.69
0.50
0.16
0.19
-0.03

I 2014
I 2014
I 2014
III 2014
II 2014
II 2014
II 2014

-1.66
-1.30
-1.18
-0.08
-1.77
-1.62
-0.15

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

-0.32
-0.54
-0.58
0.04
0.22

-0.58
0.04
0.22

III 2014
III 2014
III 2014
I 2014
II 2014

0.80
0.68
0.66
0.17
0.38

IV 2013
IV 2013
IV 2012
III 2014
III 2014

-0.71
-0.79
-1.12
0.01
0.13

Percentage points at annual rates:

III 1974
III 2001
III 2008

2

February 27, 2015
2014 (Second Estimate) Comparisons
Percent Change From Preceding Period in Real Gross Domestic Product and Related Measures
[Percent]
2014
% change
Gross domestic product (GDP)

Last year with
equal value

Last year with
larger value

2.4

2011
2007

1.8
2.0

2.5

2013

2.2

2006
2006
2012
2013
2006

3.0
3.6
7.3
1.9
2.7

2013
2012
2013
2012
2013

2.4
2.8
6.7
0.7
1.9

2.5
3.4
6.9
1.8
2.0

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

5.9
5.3
6.3
8.1
6.5
4.9
1.6

2012
2012
2012
2012
2012
2005
2013

9.2
8.3
7.2
13.1
6.8
6.5
11.9

2013
2013
2013
2013
2013
2013
2011

4.9
4.7
3.0
-0.5
4.6
3.4
0.5

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

3.1
4.0
1.1
4.0
4.1
3.3

2012
2011
2013
2011
2011
2012

3.3
6.5
3.6
5.5
5.8
3.4

2013
2013
2009
2013
2013
2013

3.0
2.8
-1.1
1.1
0.9
2.2

2010
2012
2010
2012
2009

0.1
-1.8
3.2
1.0
1.6

2013
2013
2013
2013
2013

-2.0
-5.7
-6.6
-4.1
0.5

-0.2
-1.9
-2.2
-1.5
1.0

2.5
3.4

2010

Personal consumption expenditures (PCE)
Goods
Durable goods
Nondurable goods
Services

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

1957
2013

Last year with
smaller value

1976

1.1

1988
2002

4.1
3.3

1963

-2.2

2.3
2.5
2.4
2.5
3.9

1949
1979
1957
2011

2.3
2.5
2.4
2.5

2006
2010
2006
2012
2012

2.6
2.9
2.6
3.0
4.2

2013
2013
2013
2013
2013

2.2
1.9
1.9
-0.2
3.7

1.4

2002

1.4

2012

1.7

2013

1.3

1.5

1999

1.5

2012

1.7

2013

1.4

GDP
GDP excluding food and energy
GDP implicit price deflator

1.5
1.6
1.5

2013
2013
2013

1.5
1.6
1.5

2012
2012
2012

1.8
1.7
1.8

2010
2010
2010

1.2
1.4
1.2

PCE
PCE excluding food and energy

1.3
1.4

2002
1962

1.3
1.4

2012
2012

1.8
1.8

2013
2013

1.2
1.3

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

1.2
1.2

2013

1.2

2012
2012

1.8
1.8

2013
2010

1.1
1.0

Addenda:
Final sales of domestic product
Gross domestic purchases
Final sales to domestic purchasers
Disposable personal income
Current-dollar GDP
Chain-type price measures:
Gross domestic purchases
Gross domestic purchases
excluding food and energy

3

February 27, 2015
2014 (Second Estimate) Comparisons
Contributions to Percent Change in Real Gross Domestic Product
2014
contribution

Last year with
equal value

Last year with
larger value

Last year with
smaller value

Percent change at annual rate:
Gross domestic product

2.4

2010

2.5

2013

2.2

2006
2006
2012
2013
2006

2.04
0.85
0.52
0.29
1.19

2013
2012
2013
2012
2013

1.64
0.64
0.49
0.12
0.86

2012
2012
2012
2012
2012
2005
2013
2012

1.33
1.17
0.84
0.32
0.37
0.23
0.33
0.15

2013
2013
2013
2013
2013
2013
2011
2013

0.76
0.70
0.37
-0.01
0.26
0.13
0.01
0.06

2013
2012
2011
2013
2013
2013
2013

0.22
0.44
0.57
0.15
-0.19
-0.13
-0.06

2010
2013
2013
2009
2011
2011
2012

-0.46
0.41
0.26
-0.04
-0.89
-0.78
-0.10

2010
2010
2010
2012
2009

0.02
0.37
0.18
0.03
0.20

2013
2013
2013
2013
2013

-0.39
-0.45
-0.33
-0.12
0.06

Percentage points at annual rates:
Personal consumption expenditures
Goods
Durable goods
Nondurable goods
Services

1.72
0.78
0.50
0.28
0.94

2002
2013

1.72
0.78

2011

0.28

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

0.93
0.83
0.78
0.22
0.36
0.19
0.05
0.10

1969
1992

0.93
0.83

2004
1958

0.19
0.05

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

-0.23
0.42
0.37
0.05
-0.65
-0.56
-0.09

1972

0.42

1985

0.05

1989

-0.09

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

-0.03
-0.14
-0.10
-0.04
0.11

1992

-0.14

1984
2006

-0.04
0.11

4