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Thursday, July 21, 2016 Contact: Jeannine Aversa, (301) 278-9003 Gross Domestic Product by Industry: First Quarter 2016 Construction Led Growth in the First Quarter Construction; health care and social assistance; and retail trade were the leading contributors to the increase in U.S. economic growth in the first quarter of 2016. Overall, 11 of 22 industry groups contributed to the 1.1 percent increase in real GDP in the first quarter. Real GDP and Real Value Added by Sector Percent Change 6 5 4 3 2 1 0 -1 2015:Q1 2015:Q2 GDP Private Goods 2015:Q3 2015:Q4 Private Services 2016:Q1 Government U.S. Bureau of Economic Analysis Construction increased 9.0 percent in the first quarter, after increasing 7.6 percent in the fourth quarter. Health care and social assistance increased 3.8 percent, after increasing 2.1 percent. Retail trade increased 4.8 percent, after increasing 0.3 percent. Percent Change Real Value Added by Industry Construction 15 Wholesale trade 10 Retail trade 5 Transportation and warehousing 0 Information -5 -10 Health care and social assistance 2015:Q4 2016:Q1 U.S. Bureau of Economic Analysis BEA statistics—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts, and economic data for states, local areas, and industries—are available at www.bea.gov. E-mail alerts are also available. NOTE: The annual revision of the industry economic accounts will be released along with the estimate of quarterly GDP by industry for the second quarter of 2016 on November 3, 2016.