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January 29, 2016
2015:IV (Advance Estimate) Comparisons -- Percent Change From Preceding Period in
Real Gross Domestic Product and Related Measures
[Percent, seasonally adjusted at annual rates]
2015:IV
% change
Gross domestic product (GDP)
Personal consumption expenditures (PCE)
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:
Gross domestic income (GDI)
Average of GDP and GDI
Final sales of domestic product
Gross domestic purchases
Final sales to domestic purchasers
Final sales to private domestic purchasers
Gross national product (GNP)
Disposable personal income
Current-dollar measures:
GDP
GDI
Average of GDP and GDI
Final sales of domestic product
Gross domestic purchases
Final sales to domestic purchasers
Final sales to private domestic purchasers
GNP
Disposable personal income
Chain-type price measures:
Gross domestic purchases
Gross domestic purchases excluding food and energy
GDP
GDP excluding food and energy
GDP implicit price deflator
PCE
PCE excluding food and energy
Market-based PCE
Market-based PCE excluding food and energy

0.7
2.2
2.4
4.3
1.5
2.0
-2.5
0.2
-1.8
-5.3
-2.5
1.6
8.1

Last period with Last period with Last period with
equal value
larger value
smaller value
1970Q2
2010Q1
1991Q3
2005Q1
2009Q3
2010Q3
2014Q1
1988Q1
.............

1988Q3
1991Q2
2007Q3
2011Q3

0.7
2.2
2.4
4.3
1.5
2.0
-2.5
0.2

2015Q3
2015Q3
2015Q3
2015Q3
2015Q3
2015Q3
2015Q3
2015Q3
............. 2015Q3
-5.3 2015Q2
-2.5 2015Q3
1.6 2015Q2
8.1 2015Q3

2.0
3.0
5.0
6.6
4.2
2.1
-0.7
3.7
2.6
6.2
9.9
8.3
8.2

2015Q1
2015Q1
2015Q1
2015Q1
2015Q1
2014Q1
2012Q4
2012Q3
2012Q3
2015Q3
2014Q4
2015Q3
2014Q3

0.6
1.8
1.1
2.0
0.7
1.4
-3.2
0.1
-2.1
-7.2
-4.9
-0.8
3.4

....................... ............. ............. ............. ............. ............. .............
....................... ............. ............. ............. ............. ............. .............
-2.5 ............. ............. 2015Q3
0.7 2015Q1
-6.0

-5.4
3.6
1.1
0.6
3.0
0.7
2.7
3.6
1.4
-0.6

2000Q4
2002Q3
2006Q4
2012Q3
1989Q2
2005Q2
1972Q1
1977Q1
1989Q3
1992Q2

-5.4
3.6
1.1
0.6
3.0
0.7
2.7
3.6
1.4
-0.6

2015Q3
2015Q3
2015Q3
2015Q3
2015Q3
2015Q3
2014Q3
2014Q3
2015Q3
2015Q3

-0.9
3.9
2.3
1.4
6.4
1.8
3.7
4.5
2.8
2.8

2015Q1
2015Q2
2014Q3
2014Q3
2015Q2
2015Q1
2015Q3
2015Q3
2015Q2
2015Q1

-11.7
2.3
-0.8
-0.8
2.0
-0.1
0.2
-1.4
-0.5
-0.8

....................... ............. ............. ............. ............. ............. .............
....................... ............. ............. ............. ............. ............. .............
1.2 ............. ............. 2015Q3
2.7 2015Q1
-0.2

1.1 2006Q2
1.6 2010Q3
1.8 2012Q2

1.1 2015Q3
1.6 2015Q3
1.8 2015Q3

2.2 2014Q1
2.9 2013Q3
3.2 2013Q2

0.5
1.3
1.6

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

3.2 2005Q2

3.2 2015Q3

3.8 2015Q2

2.6

1.5 ............. ............. 2015Q3
3.3 2015Q1
0.8
....................... ............. ............. ............. ............. ............. .............
....................... ............. ............. ............. ............. ............. .............
2.0
1.4
1.8
2.1

2002Q1
1970Q4
2012Q3
1956Q1

2.0
1.4
1.8
2.1

2015Q3
2015Q3
2015Q3
2015Q3

4.1
3.5
4.2
4.5

2015Q1
2015Q1
2015Q1
2015Q1

-0.1
0.9
0.0
0.4

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

3.3 2003Q4

0.2
0.9
0.8
1.1
0.8
0.1
1.2
-0.1
1.2

1953Q1
1997Q3
1961Q2
1998Q4
1998Q2
.............

2013Q2
2003Q2
2015Q3

3.3 2015Q3

5.1 2015Q1

0.2
0.9
0.8
1.1
0.8

1.3
1.3
1.3
1.4
1.3
1.3
1.4
1.1
1.8

2015Q3
2015Q3
2015Q3
2015Q3
2015Q3
............. 2015Q3
1.2 2015Q3
-0.1 2015Q3
1.2 2015Q2

2015Q1
2015Q1
2015Q1
2015Q1
2015Q1
2015Q1
2015Q1
2015Q1
2015Q1

1.9

-1.6
0.2
0.1
0.5
0.1
-1.9
1.0
-2.5
0.7

January 29, 2016
2015:IV (Advance Estimate) Comparisons -- Contributions to Percent Change in Real Gross Domestic Product
2015:IV
Last period with Last period with Last period with
contribution
equal value
larger value
smaller value
Percent change at annual rate:
Gross domestic product

0.7 1970Q2

0.7 2015Q3

2.0 2015Q1

0.6

Percentage points at annual rates:
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

1.46
0.53
0.32
0.22
0.93
-0.41
0.03
-0.24
-0.15
-0.15
0.07
0.27
-0.45
-0.47
-0.31
-0.46
0.15
-0.16
-0.08
-0.08
0.12
0.18
0.14
0.04
-0.06

2010Q1
2012Q4
.............

2009Q3
2007Q1
1995Q3
.............

1969Q4
2010Q3
.............

2012Q1
2015Q3
1976Q3
2004Q4
.............

1955Q2
1989Q3
2013Q4
1995Q3
2006Q2
1997Q3
.............

2006Q2
2001Q3
1974Q3

1.46 2015Q3
0.53 2015Q3
............. 2015Q3
0.22 2015Q3
0.93 2015Q3
-0.41 2015Q3
............. 2015Q3
-0.24 2015Q3
-0.15 2015Q2
............. 2015Q3
0.07 2015Q2
0.27 2015Q2
-0.45 2015Q2
-0.47 2015Q3
............. 2015Q3
-0.46 2015Q3
0.15 2015Q3
-0.16 2014Q3
-0.08 2014Q3
-0.08 2015Q2
0.12 2015Q3
............. 2014Q3
0.14 2014Q3
0.04 2015Q3
-0.06 2015Q3

2.04
1.08
0.47
0.61
0.96
-0.11
0.60
0.33
0.18
0.57
0.33
0.30
0.02
-0.26
0.09
-0.07
0.16
0.15
0.13
-0.05
0.32
0.26
0.19
0.08
0.30

2015Q1
2015Q1
2015Q1
2015Q1
2014Q1
2012Q4
2012Q3
2012Q3
2015Q3
2014Q4
2015Q3
2014Q3
2015Q3
2015Q1
2015Q1
2015Q1
2015Q2
2015Q3
2015Q3
2015Q3
2015Q1
2015Q3
2015Q3
2015Q2
2015Q1

1.19
0.25
0.14
0.10
0.61
-0.51
0.00
-0.27
-0.21
-0.30
-0.03
0.11
-0.71
-1.92
-0.81
-1.10
0.10
-0.35
-0.18
-0.17
-0.01
0.02
-0.06
-0.01
-0.09

January 29, 2016
2015 (Advance Estimate) Comparisons -- Percent Change From Preceding Period in
Real Gross Domestic Product and Related Measures [Percent]

2015
% change
Gross domestic product (GDP)
Personal consumption expenditures (PCE)
Goods

Last period with equal
value

Last period with larger Last period with smaller value
value

2.4 2014

2.4 2010

2.5 2013

1.5

3.1 2003

3.1 2005

3.5 2014

2.7
3.3

3.8 ..................... ................. 2005

4.1 2014

Durable goods

6.0 ..................... ................. 2012

7.4 2014

5.9

Nondurable goods

2.7 1989

2.7 2006

3.3 2014

2.1

2.8 ..................... ................. 2005

3.2 2014

2.4

4.8 ..................... ................. 2014

5.4 2013

4.5

4.0 2003

4.0 2014

5.3 2010

1.5

Services
Gross private domestic investment
Fixed investment
Nonresidential

2.9 1992

2.9 2014

6.2 2010

2.5

Structures

-1.5 2001

-1.5 2014

8.1 2010

-16.4

Equipment

3.1 ..................... ................. 2014

5.8 2009

-22.9

Intellectual property products

5.8 ..................... ................. 2005

6.5 2014

5.2

8.7 ..................... ................. 2013

9.5 2014

1.8

Residential
Change in private inventories
Net exports of goods and services
Exports
Goods
Services

...................... ..................... ................. ...................... ............ ...................... ......................
...................... ....................................... ...................... ............ ...................... ......................
1.1 ..................... ................. 2014

3.4 2009

-8.8

-0.2 ..................... ................. 2014

4.4 2009

-12.1

3.9 1969

3.9 2011

7.6 2014

1.2

5.0 1939

5.0 2011

5.5 2014

3.8

Goods

4.9 2003

4.9 2011

5.8 2014

4.3

Services

5.6 ..................... ................. 2007

6.2 2014

1.6

0.8 ....................................... 2009

3.2 2014

-0.6

-0.3 ..................... ................. 2010

4.4 2014

-2.4

-1.2 ..................... ................. 2010

3.2 2014

-3.8

Nondefense

1.2 ..................... ................. 2010

6.4 2014

-0.1

State and local

1.4 ..................... ................. 2009

1.6 2014

0.6

Imports

Government consumption expenditures and gross investment
Federal
National defense

Addenda:
Gross domestic income (GDI)

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

Average of GDP and GDI

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

Final sales of domestic product

2.2 ..................... ................. 2014

2.4 2013

1.4

Gross domestic purchases

3.0 1967

3.5 2014

2.5

3.0 2005

Final sales to domestic purchasers

2.8 1987

2.8 2005

3.6 2014

2.5

Final sales to private domestic purchasers

3.3 2003

3.3 2005

4.2 2014

3.2

Gross national product (GNP)
Disposable personal income

...................... ..................... ................. ...................... ............ ...................... ......................
3.5 1983

3.5 2006

4.0 2014

2.7

3.4 ..................... ................. 2014

4.1 2013

3.1

Current-dollar measures:
GDP
GDI

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

Average of GDP and GDI

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

Final sales of domestic product

3.2 ..................... ................. 2014

4.1 2013

3.1

Gross domestic purchases

3.3 1960

4.1 2013

2.7

3.3 2014

Final sales to domestic purchasers

3.2 2002

3.2 2014

4.1 2013

2.6

Final sales to private domestic purchasers

3.6 2013

3.6 2014

4.7 2010

3.1

GNP
Disposable personal income

...................... ..................... ................. ...................... ............ ...................... ......................
3.8 ..................... ................. 2014

4.2 2013

-0.1

Gross domestic purchases

0.3 ..................... ................. 2014

1.5 2009

-0.2

Gross domestic purchases excluding food and energy

1.0 ..................... ................. 2014

1.6 2009

0.5

GDP

1.0 1954

1.0 2014

1.6 2009

0.8

GDP excluding food and energy

1.1 ..................... ................. 2014

1.7 2009

0.5

GDP implicit price deflator

1.0 ..................... ................. 2014

1.6 2009

0.8

PCE

0.3 ..................... ................. 2014

1.4 2009

-0.1

1.5 2009

1.2

Chain-type price measures:

PCE excluding food and energy

1.3 2010

Market-based PCE

0.0 ..................... ................. 2014

1.3 2014

1.1 ...................... ......................

Market-based PCE excluding food and energy

1.1 1998

1.2 2010

1.1 2014

1.0

January 29, 2016

2015 (Advance Estimate) Comparisons -- Contributions to Percent Change in Real Gross Domestic Product
2015
contribution
Percent change at annual rate:
Gross domestic product
Percentage points at annual rates:
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

Last period with equal Last period with larger Last period with smaller
value
value
value

2.4 2014
2.10
0.84
0.44
0.40
1.26
0.80
0.64
0.36
-0.04
0.18
0.23
0.28
0.16
-0.66
0.15
-0.01
0.16
-0.81
-0.65
-0.16
0.14
-0.02
-0.05
0.03
0.16

2.4 2010

2003
2.10
................... .................
1992
0.44
................... .................
1939
1.26
................... .................
2013
0.64
................... .................
................... .................
................... .................
2005
0.23
................... .................
................... .................
2004
-0.66
1944
0.15
1933
-0.01
1991
0.16
................... .................
1978
-0.65
2007
-0.16
1960
0.14
................... .................
1948
-0.05
2012
0.03
1979
0.16

2005
2006
2012
2006
2005
2014
2014
2014
2014
2014
2000
2012
2010
2014
2014
2014
2011
2014
2014
2014
2009
2010
2010
2010
2009

2.5 2013
2.36
0.85
0.53
0.49
1.40
0.87
0.82
0.77
0.23
0.34
0.34
0.33
1.45
-0.18
0.46
0.41
0.29
-0.63
-0.59
-0.05
0.64
0.37
0.18
0.19
0.20

2014
2014
2014
2014
2014
2013
2010
2010
2010
2009
2014
2014
2014
2000
2009
2009
2014
2011
2011
2006
2014
2014
2014
2014
2014

1.5
1.84
0.75
0.43
0.32
1.09
0.70
0.21
0.28
-0.49
-1.29
0.20
0.05
0.05
-0.82
-1.07
-1.03
0.05
-0.89
-0.78
-0.20
-0.11
-0.18
-0.18
0.00
0.07