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EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, THURSDAY, NOVEMBER 3, 2016 Technical: Media: Amanda Lyndaker Edward Morgan Jeannine Aversa (301) 278-9108 (301) 278-9541 (301) 278-9003 BEA 16-59 IndustryEconomicAccounts@bea.gov Jeannine.Aversa@bea.gov Gross Domestic Product by Industry: Second Quarter 2016 Annual Update: 2013 through First Quarter 2016 Transportation and Warehousing Led Growth in the Second Quarter Transportation and warehousing; health care and social assistance; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the second quarter of 2016. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 15 of 22 industry groups contributed to the overall 1.4 percent increase in real GDP in the second quarter. Real GDP and Real Value Added by Sector Percent Change 4 3 2 1 0 -1 -2 -3 2015:Q2 GDP 2015:Q3 Private Goods 2015:Q4 Private Services 2016:Q1 2016:Q2 Government U.S. Bureau of Economic Analysis • • • For the transportation and warehousing industry group, real value added—a measure of an industry’s contribution to GDP—increased 14.0 percent in the second quarter, after decreasing 6.7 percent in the first quarter. The second quarter growth primarily reflected an increase in air and truck transportation. Health care and social assistance increased 4.7 percent, after decreasing 1.6 percent, primarily reflecting increases to both ambulatory health care services and hospitals. Professional, scientific, and technical services increased 3.7 percent, after increasing 3.4 percent. This was the ninth consecutive quarterly increase. Real Value Added by Industry Percent Change Mining 15 10 Construction 5 Transportation and warehousing 0 -5 Information -10 Professional, scientific, and technical services -15 -20 -25 Health care and social assistance 2016:Q1 2016:Q2 U.S. Bureau of Economic Analysis Other highlights • • • Mining decreased 20.4 percent, after decreasing 4.0 percent in the first quarter, primarily reflecting a decrease in oil and gas extraction. This was the largest decrease since the second quarter of 2009. Construction decreased 3.7 percent, after increasing 7.1 percent. This was the first decrease after nine consecutive quarters of growth for the industry. The Information sector decreased 0.2 percent, after increasing 7.6 percent. The decrease was primarily attributed to the motion picture and sound recording industries. Gross output by industry Real gross output—principally a measure of an industry’s sales or receipts, which includes sales to final users in the economy (GDP) and sales to other industries (intermediate inputs)—increased in the second quarter. This reflected increases in real gross output for both the private services-producing sector and the government sector. The private goods-producing sector decreased. Overall, real gross output increased in 15 of 22 industry groups. -2- Percent Change Real Gross Output by Industry Mining 10 5 Construction 0 Transportation and warehousing -5 Information -10 Professional, scientific, and technical services -15 -20 Health care and social assistance 2016:Q1 2016:Q2 U.S. Bureau of Economic Analysis • • • Real gross output for health care and social assistance increased 9.9 percent, after increasing 7.4 percent in the first quarter. Mining decreased 12.6 percent, after decreasing 18.7 percent, primarily reflecting a decrease in support activities for mining. Professional, scientific, and technical services increased 3.6 percent, after increasing 8.8 percent. This was the fifth consecutive quarterly increase, primarily reflecting an increase in computer systems design and related services. Annual Update of the Industry Economic Accounts The estimates released today reflect the results of the annual update of the industry economic accounts in conjunction with newly available statistics for GDP by industry for the second quarter of 2016. Additional information on this revision will be available in an article in the December 2016 issue of the Survey of Current Business. This year’s annual update includes revised estimates beginning with the first quarter of 2013. The update incorporates source data that are more complete and reliable than those previously available. Major improvements introduced with this update include: • • • Results from the 2016 annual update of the national income and product accounts and international transactions accounts. Incorporation of newly available and revised source data (e.g., Census Bureau’s Service Annual Survey, the Bureau of Labor Statistics’ Quarterly Census of Employment and Wages, and the Department of Treasury’s Statistics of Income). Expansion of quarterly GDP by industry detail. Estimates of real gross output and intermediate inputs are now available. * * * Next release – January 19, 2017 at 8:30 A.M. EST for: Gross Domestic Product by Industry: Third Quarter 2016 -3- Additional Information Current-dollar estimates are valued in the prices of the period when the transactions occurred—that is, at “market value.” Also referred to as “nominal estimates” or as “current-price estimates.” Resources Additional resources available at www.bea.gov: • • • • • • Stay informed about BEA developments by signing up for our email subscription service, following us on Twitter @BEA_News, or reading our blog at blog.bea.gov Historical time series for these estimates can be accessed in BEA’s Interactive Data Application For more on BEA’s statistics, see our monthly online journal, the Survey of Current Business BEA's news release schedule Access BEA data by registering for BEA’s Data Application Programming Interface (API) Industry Concepts and Methods: Concepts and Methods of the U.S. Input-Output Accounts Real values are inflation-adjusted estimates—that is, estimates that exclude the effects of price changes. Statistical conventions Seasonal adjustment and annual rates. Monthly and quarterly values are expressed at seasonally-adjusted annual rates (SAAR). Dollar changes are calculated as the difference between these SAAR values. For details, see the FAQ “Why does BEA publish estimates at annual rates?” Quantities and prices. Quantities, or “real” measures, and prices are expressed as index numbers with a specified reference year equal to 100 (currently 2009). Quantity and price indexes are calculated using a Fisher-chained weighted formula that incorporates weights from two adjacent periods (quarters for quarterly data and annuals for annual data). “Real” dollar series are calculated by multiplying the published quantity index by the currentdollar value in the reference year (2009) and then dividing by 100. Percent changes calculated from chained-dollar levels and quantity indexes are conceptually the same; any differences are due to rounding. Definitions Gross domestic product (GDP) or value added is the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production. GDP is also equal to the sum of personal consumption expenditures, gross private domestic investment, net exports of goods and services, and government consumption expenditures and gross investment. Chained-dollar values are not additive because the relative weights for a given period differ from those of the reference year. In tables that display chained-dollar values, the value of the "Not allocated by industry" line reflects the difference between the first line and the sum of the most detailed lines. For the real value added by industry table, this value also reflect differences in source data used to estimate GDP by industry and the expenditures measure of real GDP. Gross output (GO) is the value of the goods and services produced by the nation’s economy. It is principally measured using industry sales or receipts, including sales to final users (GDP) or sales to other industries (intermediate inputs). List of News Release Tables Table 1. Real Value Added by Industry Group: Percent Change from Preceding Period Table 2. Contributions to Percent Change in Real GDP by Industry Group Table 3. Chain-Type Price Indexes for Value Added by Industry Group: Percent Change from Preceding Period Table 4. Contributions to Percent Change in the GDP Price Index by Industry Group Table 5. Value Added by Industry Group Table 5a. Value Added by Industry Group as a Percentage of GDP Table 6. Real Gross Output by Industry Group: Percent Change from Preceding Period Table 7. Chain-Type Price Indexes for Gross Output by Industry Group: Percent Change from Preceding Period Table 8. Gross Output by Industry Group -4- November 3, 2016 Table 1. Real Value Added by Industry Group: Percent Change from Preceding Period Line 2014 2015 2014 II I 1 Gross domestic product…………………………………………………… III Seasonally adjusted at annual rates 2015 IV I II III 2.3 2.0 2.6 2.0 2.4 2.6 -1.2 4.0 5.0 2 Private industries………………………………………………………………… 3 Agriculture, forestry, fishing, and hunting……………………………………… 4 Mining……………………………………………………………………………… 5 Utilities…………………………………………………………………………… 6 Construction……………………………………………………………………… 7 Manufacturing…………………………………………………………………… Durable goods………………………………………………………………… 8 Nondurable goods……………………………………………………………… 9 10 Wholesale trade………………………………………………………………… 11 Retail trade……………………………………………………………………… 12 Transportation and warehousing……………………………………………… 13 Information………………………………………………………………………… 14 Finance, insurance, real estate, rental, and leasing………………………… Finance and insurance………………………………………………………… 15 Real estate and rental and leasing…………………………………………… 16 17 Professional and business services…………………………………………… Professional, scientific, and technical services……………………………… 18 Management of companies and enterprises………………………………… 19 Administrative and waste management services…………………………… 20 21 Educational services, health care, and social assistance…………………… Educational services…………………………………………………………… 22 Health care and social assistance…………………………………………… 23 24 Arts, entertainment, recreation, accommodation, and food services……… Arts, entertainment, and recreation………………………………………… 25 Accommodation and food services…………………………………………… 26 27 Other services, except government…………………………………………… 28 Government………………………………………………………………………… 29 Federal…………………………………………………………………………… 30 State and local…………………………………………………………………… 2.6 -0.6 10.0 -2.2 1.7 1.0 1.7 0.2 3.8 2.8 1.2 0.2 3.1 5.1 2.0 4.0 3.3 7.5 3.5 1.9 2.1 1.9 2.7 3.6 2.4 2.1 -0.3 -0.8 0.0 2.8 2.4 4.2 -1.5 4.9 1.5 0.9 2.3 3.0 3.7 -1.0 7.5 1.5 -0.3 2.5 4.3 5.1 2.4 3.5 3.9 0.2 4.5 2.8 3.5 2.6 1.7 0.4 -0.6 0.9 -2.0 -15.3 -3.9 2.5 1.5 -4.1 -4.0 -4.2 -6.0 -0.3 -4.3 -11.4 -0.9 -1.1 -0.9 -0.4 -1.9 1.1 2.5 1.8 6.1 1.2 1.5 2.1 1.2 0.9 1.6 6.1 -0.4 4.5 3.3 16.2 -4.2 3.0 4.9 5.2 4.6 7.3 8.0 1.0 1.9 4.9 9.9 2.3 3.6 4.4 1.2 3.4 2.2 0.9 2.4 3.5 2.2 3.9 4.2 0.1 -1.1 0.7 6.0 -5.7 26.3 12.1 0.3 3.1 10.1 -4.6 14.1 3.9 7.3 1.0 3.3 0.7 4.8 10.4 11.0 16.3 5.4 6.1 3.3 6.6 6.1 6.8 5.8 6.8 0.3 -1.1 0.9 2.5 9.3 30.9 0.2 5.0 -0.5 -1.1 0.2 1.6 -1.2 -3.7 3.9 2.0 2.1 1.9 3.4 3.4 1.5 4.5 3.0 -1.9 3.8 3.0 6.2 1.9 0.5 0.3 -1.3 1.0 2.4 -5.7 5.1 -23.8 1.6 6.2 -1.1 15.5 0.1 1.7 -9.5 13.8 3.4 2.6 3.8 3.6 5.8 -1.4 1.9 2.9 0.1 3.4 0.0 -0.1 0.0 -1.0 -0.2 0.3 -0.5 2.3 -2.0 -17.9 20.5 12.7 -2.6 -0.1 -5.5 3.7 9.4 4.5 9.9 -1.6 -6.3 1.1 3.6 4.8 -0.3 3.1 4.4 -0.8 5.3 4.0 3.2 4.3 3.0 1.2 -0.7 2.1 Addenda: 31 Private goods-producing industries1…………………………………………… 32 Private services-producing industries2………………………………………… 2.2 2.7 2.6 2.9 -3.7 -1.6 5.9 4.1 4.8 6.3 4.7 1.9 4.0 1.9 -1.5 3.4 2016 IV I II 0.9 0.8 1.4 2.0 25.9 -6.8 6.0 5.6 0.7 -1.8 3.7 -1.8 2.9 5.0 4.6 0.1 -2.8 1.7 3.3 2.6 4.0 4.5 4.0 1.5 4.4 2.0 2.3 1.9 -0.2 1.1 -0.5 1.9 1.2 3.5 -19.5 -3.5 4.8 -2.5 1.2 -6.6 2.4 6.9 -1.9 12.3 -2.6 -7.6 0.2 2.8 3.3 1.3 2.6 5.3 1.4 6.0 4.8 7.8 3.8 3.6 -0.3 -0.9 0.0 0.9 6.2 -4.0 3.2 7.1 0.5 -2.6 4.4 -4.3 -0.8 -6.7 7.6 4.2 9.2 1.7 0.4 3.4 -6.1 -2.1 -2.0 -4.2 -1.6 -3.6 -2.2 -4.1 0.7 0.2 -0.2 0.4 1.2 8.8 -20.4 7.0 -3.7 0.8 0.3 1.3 1.0 -2.8 14.0 -0.2 1.0 -0.1 1.6 3.6 3.7 7.3 1.1 3.6 -3.1 4.7 0.2 -0.2 0.4 0.8 0.8 1.1 0.6 2.0 2.0 -2.3 2.2 1.9 0.7 -1.6 2.0 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Source: U.S. Bureau of Economic Analysis -5- November 3, 2016 Table 2. Contributions to Percent Change in Real GDP by Industry Group Line 2014 2015 Seasonally adjusted at annual rates 2015 IV I II III 2014 II I III 2016 IV I II 2.4 2.6 -1.2 4.0 5.0 2.3 2.0 2.6 2.0 0.9 0.8 1.4 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 Percent change at annual rate: Gross domestic product…………………………………………………… Percentage points at annual rates: Private industries………………………………………………………………… Agriculture, forestry, fishing, and hunting……………………………………… Mining……………………………………………………………………………… Utilities…………………………………………………………………………… Construction……………………………………………………………………… Manufacturing…………………………………………………………………… Durable goods………………………………………………………………… Nondurable goods……………………………………………………………… Wholesale trade………………………………………………………………… Retail trade……………………………………………………………………… Transportation and warehousing……………………………………………… Information………………………………………………………………………… Finance, insurance, real estate, rental, and leasing………………………… Finance and insurance………………………………………………………… Real estate and rental and leasing…………………………………………… Professional and business services…………………………………………… Professional, scientific, and technical services……………………………… Management of companies and enterprises………………………………… Administrative and waste management services…………………………… Educational services, health care, and social assistance…………………… Educational services…………………………………………………………… Health care and social assistance…………………………………………… Arts, entertainment, recreation, accommodation, and food services……… Arts, entertainment, and recreation………………………………………… Accommodation and food services…………………………………………… Other services, except government…………………………………………… Government………………………………………………………………………… Federal…………………………………………………………………………… State and local…………………………………………………………………… 2.23 -0.01 0.27 -0.04 0.06 0.12 0.11 0.01 0.23 0.16 0.03 0.01 0.61 0.35 0.26 0.47 0.23 0.14 0.10 0.16 0.02 0.13 0.10 0.04 0.07 0.05 -0.03 -0.03 0.00 2.46 0.03 0.11 -0.03 0.19 0.19 0.06 0.13 0.18 0.21 -0.03 0.34 0.30 -0.02 0.32 0.51 0.36 0.05 0.11 0.32 0.00 0.31 0.11 0.03 0.07 0.04 0.05 -0.03 0.08 -1.79 -0.20 -0.12 0.04 0.06 -0.51 -0.26 -0.24 -0.37 -0.02 -0.13 -0.56 -0.18 -0.07 -0.11 -0.04 -0.13 0.02 0.07 0.15 0.07 0.08 0.06 0.02 0.03 0.02 0.21 0.25 -0.04 3.90 0.04 0.43 -0.07 0.11 0.59 0.33 0.26 0.43 0.45 0.03 0.09 0.98 0.68 0.30 0.43 0.30 0.02 0.10 0.18 0.01 0.17 0.13 0.02 0.11 0.09 0.02 -0.05 0.07 5.19 -0.07 0.69 0.19 0.01 0.37 0.63 -0.26 0.80 0.23 0.21 0.05 0.66 0.05 0.61 1.19 0.73 0.30 0.16 0.49 0.04 0.46 0.23 0.07 0.16 0.15 0.04 -0.05 0.08 2.17 0.10 0.74 0.00 0.19 -0.07 -0.07 0.01 0.09 -0.07 -0.11 0.17 0.38 0.15 0.24 0.39 0.23 0.03 0.13 0.24 -0.02 0.26 0.11 0.06 0.05 0.01 0.03 -0.05 0.09 2.08 -0.06 0.12 -0.44 0.06 0.71 -0.08 0.79 0.01 0.09 -0.30 0.58 0.67 0.18 0.49 0.42 0.39 -0.03 0.06 0.23 0.00 0.23 0.00 0.00 0.00 -0.02 -0.04 0.01 -0.05 2.01 -0.02 -0.39 0.30 0.48 -0.33 -0.01 -0.32 0.22 0.52 0.13 0.43 -0.32 -0.47 0.15 0.42 0.34 -0.01 0.09 0.36 -0.01 0.37 0.15 0.03 0.12 0.07 0.16 -0.03 0.18 1.71 0.23 -0.13 0.09 0.22 0.07 -0.12 0.19 -0.11 0.17 0.15 0.21 0.02 -0.20 0.22 0.39 0.18 0.08 0.13 0.33 0.02 0.31 0.08 0.02 0.05 0.00 0.15 -0.02 0.17 1.04 0.03 -0.35 -0.06 0.19 -0.30 0.08 -0.38 0.14 0.39 -0.06 0.55 -0.53 -0.56 0.03 0.34 0.23 0.03 0.08 0.44 0.02 0.42 0.19 0.08 0.11 0.08 -0.04 -0.04 0.00 0.82 0.06 -0.05 0.05 0.29 0.06 -0.17 0.23 -0.27 -0.05 -0.21 0.35 0.84 0.62 0.22 0.06 0.25 -0.12 -0.07 -0.17 -0.05 -0.12 -0.15 -0.02 -0.12 0.02 0.03 -0.01 0.03 1.06 0.08 -0.31 0.10 -0.16 0.09 0.02 0.07 0.06 -0.17 0.40 -0.01 0.20 -0.01 0.21 0.44 0.26 0.14 0.04 0.30 -0.03 0.34 0.01 0.00 0.01 0.02 0.10 0.05 0.06 31 32 Addenda: Private goods-producing industries1…………………………………………… Private services-producing industries2………………………………………… 0.44 1.79 0.51 1.95 -0.76 -1.03 1.17 2.73 1.00 4.19 0.96 1.21 0.83 1.24 -0.26 2.28 0.39 1.32 -0.43 1.48 0.35 0.47 -0.30 1.36 1 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Note. Percentage-point contributions do not sum to the percent change in real gross domestic product because the industry details are calculated using source data and methodologies that differ from those used to calculate growth in the top-line, expenditure-based measure of real GDP. Source: U.S. Bureau of Economic Analysis -6- November 3, 2016 Table 3. Chain-Type Price Indexes for Value Added by Industry Group: Percent Change from Preceding Period Line 2014 2015 2014 I 1 Gross domestic product…………………………………………………… II III Seasonally adjusted at annual rates 2015 IV I II III 0.5 -0.1 2.3 1.3 1.8 1.1 1.7 2.1 1.7 2 Private industries………………………………………………………………… 3 Agriculture, forestry, fishing, and hunting……………………………………… 4 Mining……………………………………………………………………………… 5 Utilities…………………………………………………………………………… 6 Construction……………………………………………………………………… 7 Manufacturing…………………………………………………………………… Durable goods………………………………………………………………… 8 Nondurable goods……………………………………………………………… 9 10 Wholesale trade………………………………………………………………… 11 Retail trade……………………………………………………………………… 12 Transportation and warehousing……………………………………………… 13 Information………………………………………………………………………… 14 Finance, insurance, real estate, rental, and leasing………………………… Finance and insurance………………………………………………………… 15 Real estate and rental and leasing…………………………………………… 16 17 Professional and business services…………………………………………… Professional, scientific, and technical services……………………………… 18 Management of companies and enterprises………………………………… 19 Administrative and waste management services…………………………… 20 21 Educational services, health care, and social assistance…………………… Educational services…………………………………………………………… 22 Health care and social assistance…………………………………………… 23 24 Arts, entertainment, recreation, accommodation, and food services……… Arts, entertainment, and recreation………………………………………… 25 Accommodation and food services…………………………………………… 26 27 Other services, except government…………………………………………… 28 Government………………………………………………………………………… 29 Federal…………………………………………………………………………… 30 State and local…………………………………………………………………… 1.8 -7.8 -2.7 7.5 6.5 2.2 2.3 2.0 0.8 0.8 3.5 0.0 3.0 4.8 2.0 1.0 1.5 -2.5 2.0 1.4 2.9 1.2 2.5 2.0 2.7 2.7 2.7 2.4 2.8 1.0 -15.8 -34.8 2.0 3.9 1.8 3.3 0.1 1.3 1.6 7.4 -1.5 3.1 3.7 2.7 2.5 2.1 2.9 3.3 1.9 3.4 1.7 4.6 3.5 5.0 3.6 2.3 2.0 2.4 2.3 12.5 19.3 21.4 7.1 -1.7 1.8 -5.7 3.2 -1.0 -1.4 3.4 1.9 3.9 0.8 1.9 2.4 0.9 1.3 0.7 1.9 0.5 0.9 2.5 0.4 2.0 1.6 -1.9 3.3 2.2 26.3 2.4 -3.7 3.0 1.4 0.8 2.1 -0.1 0.5 9.0 -2.1 3.6 4.8 2.9 0.7 0.1 -1.4 3.6 2.0 4.0 1.7 3.6 1.8 4.3 2.9 2.4 2.3 2.4 1.2 -24.2 -19.1 -7.2 8.2 5.7 2.2 9.8 -2.4 3.3 2.7 0.2 2.8 3.7 2.3 1.4 2.0 -2.9 3.0 1.3 1.0 1.3 3.1 1.8 3.6 2.6 2.7 2.2 2.9 0.3 -10.5 -44.2 1.9 5.8 -0.1 2.8 -3.4 2.8 7.5 9.7 -2.6 1.9 1.2 2.3 2.5 1.6 6.5 2.3 1.6 4.3 1.2 3.0 -1.1 4.5 3.4 2.3 2.1 2.4 -0.4 -40.1 -64.7 34.2 3.7 -2.1 6.1 -11.0 3.1 -0.5 19.6 -2.8 3.2 4.4 2.5 4.3 3.8 6.8 4.1 1.4 2.8 1.1 7.5 7.4 7.5 4.4 2.9 3.3 2.7 2.8 8.9 24.3 -20.6 -0.1 6.6 2.6 11.5 1.3 -1.7 -2.4 -1.0 4.2 5.8 3.4 2.5 1.5 4.0 4.0 2.3 4.6 1.9 4.4 6.6 3.6 3.7 1.9 1.1 2.3 Addenda: 31 Private goods-producing industries1…………………………………………… 32 Private services-producing industries2………………………………………… 1.6 1.9 -4.0 2.5 3.4 2.0 3.3 1.9 0.4 1.5 -7.1 2.7 -14.3 4.0 7.2 1.6 2016 IV I II 0.8 0.5 2.3 1.4 -2.2 -34.3 -0.1 3.7 2.9 2.6 3.2 0.6 3.3 0.8 0.7 3.0 3.3 2.8 1.1 2.1 -3.5 1.7 2.9 3.1 2.9 4.0 2.7 4.5 3.9 1.2 0.7 1.4 0.6 -22.8 -28.4 -3.4 3.6 0.5 1.7 -1.1 -0.6 -3.4 6.6 -1.8 2.8 1.5 3.6 2.1 1.0 3.3 4.1 2.8 4.2 2.6 3.7 0.6 4.9 3.2 2.1 0.2 3.0 0.3 -22.6 -45.4 -2.9 2.0 -4.5 -0.3 -9.3 0.9 2.9 7.8 -0.6 2.2 1.5 2.6 2.8 2.0 3.4 4.2 3.0 3.8 2.9 7.1 6.6 7.3 4.0 1.6 3.5 0.8 2.7 -14.3 83.1 -4.3 6.4 2.4 0.0 5.5 -1.2 2.7 -6.6 -0.9 4.0 6.1 2.9 1.9 1.0 4.2 2.7 1.5 2.8 1.4 3.4 5.2 2.8 1.7 1.4 0.0 2.1 -1.5 2.2 -3.1 1.6 -8.1 2.6 6.9 1.6 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Source: U.S. Bureau of Economic Analysis -7- November 3, 2016 Table 4. Contributions to Percent Change in the GDP Price Index by Industry Group Line 2014 2015 2014 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 Percent change at annual rate: Gross domestic product…………………………………………………… Percentage points at annual rates: Private industries………………………………………………………………… Agriculture, forestry, fishing, and hunting……………………………………… Mining……………………………………………………………………………… Utilities…………………………………………………………………………… Construction……………………………………………………………………… Manufacturing…………………………………………………………………… Durable goods………………………………………………………………… Nondurable goods……………………………………………………………… Wholesale trade………………………………………………………………… Retail trade……………………………………………………………………… Transportation and warehousing……………………………………………… Information………………………………………………………………………… Finance, insurance, real estate, rental, and leasing………………………… Finance and insurance………………………………………………………… Real estate and rental and leasing…………………………………………… Professional and business services…………………………………………… Professional, scientific, and technical services……………………………… Management of companies and enterprises………………………………… Administrative and waste management services…………………………… Educational services, health care, and social assistance…………………… Educational services…………………………………………………………… Health care and social assistance…………………………………………… Arts, entertainment, recreation, accommodation, and food services……… Arts, entertainment, and recreation………………………………………… Accommodation and food services…………………………………………… Other services, except government…………………………………………… Government………………………………………………………………………… Federal…………………………………………………………………………… State and local…………………………………………………………………… Addenda: 31 Private goods-producing industries1…………………………………………… 32 Private services-producing industries2………………………………………… Seasonally adjusted at annual rates 2015 IV I II III II III 2016 IV I II 1.8 1.1 1.7 2.1 1.7 0.5 -0.1 2.3 1.3 0.8 0.5 2.3 1.61 -0.10 -0.08 0.12 0.24 0.26 0.15 0.12 0.05 0.05 0.10 0.00 0.59 0.33 0.25 0.12 0.11 -0.05 0.06 0.11 0.03 0.08 0.10 0.02 0.08 0.06 0.36 0.10 0.26 0.86 -0.18 -0.98 0.03 0.15 0.22 0.21 0.01 0.08 0.09 0.21 -0.07 0.62 0.26 0.35 0.30 0.15 0.06 0.10 0.16 0.04 0.12 0.17 0.04 0.14 0.08 0.29 0.08 0.21 1.99 0.14 0.49 0.32 0.26 -0.21 0.12 -0.33 0.19 -0.06 -0.04 0.16 0.39 0.28 0.11 0.22 0.16 0.02 0.04 0.06 0.02 0.04 0.04 0.02 0.01 0.04 0.21 -0.08 0.30 1.94 0.29 0.06 -0.06 0.11 0.19 0.05 0.13 -0.01 0.03 0.25 -0.10 0.72 0.35 0.38 0.09 0.01 -0.03 0.11 0.16 0.04 0.12 0.14 0.02 0.12 0.06 0.31 0.10 0.22 1.08 -0.33 -0.62 -0.12 0.31 0.70 0.14 0.55 -0.14 0.19 0.08 0.01 0.56 0.27 0.30 0.17 0.14 -0.06 0.09 0.10 0.01 0.09 0.12 0.02 0.10 0.06 0.35 0.09 0.26 0.30 -0.12 -1.60 0.03 0.22 0.01 0.18 -0.17 0.17 0.42 0.28 -0.12 0.38 0.09 0.29 0.30 0.11 0.12 0.07 0.13 0.05 0.08 0.12 -0.01 0.13 0.08 0.30 0.09 0.22 -0.33 -0.53 -2.38 0.48 0.14 -0.26 0.39 -0.65 0.19 -0.02 0.54 -0.13 0.64 0.31 0.33 0.52 0.26 0.13 0.12 0.11 0.03 0.08 0.28 0.07 0.21 0.10 0.37 0.13 0.24 2.43 0.09 0.44 -0.36 0.00 0.79 0.18 0.61 0.08 -0.09 -0.07 -0.04 0.86 0.42 0.44 0.31 0.11 0.08 0.12 0.19 0.05 0.14 0.17 0.07 0.10 0.08 0.25 0.05 0.20 1.20 -0.02 -0.78 0.00 0.15 0.34 0.17 0.17 0.04 0.19 0.02 0.03 0.61 0.24 0.37 0.13 0.15 -0.07 0.05 0.24 0.03 0.21 0.16 0.03 0.13 0.09 0.15 0.03 0.12 0.51 -0.25 -0.54 -0.05 0.15 0.05 0.11 -0.06 -0.03 -0.20 0.19 -0.08 0.57 0.11 0.46 0.26 0.07 0.06 0.13 0.24 0.05 0.19 0.15 0.01 0.14 0.07 0.27 0.01 0.26 0.24 -0.24 -0.85 -0.04 0.08 -0.55 -0.02 -0.52 0.05 0.17 0.23 -0.03 0.45 0.11 0.34 0.34 0.14 0.07 0.13 0.25 0.04 0.21 0.28 0.07 0.21 0.09 0.21 0.14 0.07 2.36 -0.14 0.82 -0.07 0.27 0.29 0.00 0.29 -0.07 0.16 -0.21 -0.04 0.81 0.43 0.38 0.24 0.07 0.08 0.09 0.13 0.03 0.10 0.14 0.05 0.08 0.04 0.19 0.00 0.19 0.32 1.28 -0.80 1.66 0.68 1.31 0.65 1.29 0.06 1.02 -1.49 1.79 -3.02 2.69 1.31 1.12 -0.31 1.51 -0.59 1.10 -1.55 1.79 1.24 1.12 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Note. Percentage-point contributions do not sum to the percent change in the chain-type price index for gross domestic product because the industry details are calculated using source data and methodologies that differ from those used to calculate growth in the top-line, expenditure-based measure of GDP price growth. Source: U.S. Bureau of Economic Analysis -8- November 3, 2016 Table 5. Value Added by Industry Group Line 1 Billions of dollars Seasonally adjusted at annual rates 2014 2015 2014 2015 2016 II III IV I II III IV I II I Gross domestic product…………………………………………………… 17,393.1 18,036.6 17,025.2 17,285.6 17,569.4 17,692.2 17,783.6 17,998.3 18,141.9 18,222.8 18,281.6 18,450.1 2 Private industries………………………………………………………………… 15,115.8 15,698.7 14,770.4 15,016.9 15,284.1 15,392.0 15,468.5 15,665.1 15,795.4 15,865.6 15,913.8 16,069.1 3 Agriculture, forestry, fishing, and hunting……………………………………… 203.2 175.2 202.0 215.6 198.1 197.0 170.8 173.7 183.1 173.2 165.0 162.1 327.8 474.8 496.5 499.1 460.5 358.2 359.3 317.3 276.3 235.1 258.3 4 Mining……………………………………………………………………………… 482.7 283.1 284.3 285.7 279.9 282.7 284.1 285.8 282.7 286.9 282.0 282.2 283.9 5 Utilities…………………………………………………………………………… 732.1 653.4 663.1 676.8 694.9 704.1 725.3 741.9 757.3 774.1 779.0 6 Construction……………………………………………………………………… 672.1 7 Manufacturing…………………………………………………………………… 2,099.4 2,170.3 2,053.7 2,085.7 2,130.8 2,127.5 2,148.0 2,168.5 2,187.8 2,176.8 2,154.5 2,171.7 Durable goods………………………………………………………………… 1,129.2 1,176.4 1,099.1 1,115.2 1,148.8 1,153.6 1,167.5 1,174.9 1,177.2 1,186.0 1,177.1 1,177.9 8 Nondurable goods……………………………………………………………… 970.2 993.9 954.6 970.5 982.0 973.9 980.4 993.6 1,010.6 990.8 977.5 993.8 9 10 Wholesale trade………………………………………………………………… 1,047.9 1,093.2 1,017.6 1,035.3 1,063.6 1,075.0 1,083.6 1,097.0 1,093.7 1,098.6 1,088.9 1,088.3 975.8 995.9 1,013.7 1,029.1 1,032.3 1,051.3 1,067.5 1,076.0 1,081.6 1,081.1 11 Retail trade……………………………………………………………………… 1,003.6 1,056.8 510.2 542.5 493.3 505.2 517.6 524.8 535.2 537.8 545.5 551.7 552.4 561.1 12 Transportation and warehousing……………………………………………… 839.9 791.9 791.3 793.6 795.9 816.2 833.7 844.4 865.4 880.1 877.6 13 Information………………………………………………………………………… 793.2 14 Finance, insurance, real estate, rental, and leasing………………………… 3,496.0 3,656.4 3,407.0 3,479.1 3,531.9 3,566.0 3,624.5 3,647.9 3,675.8 3,677.3 3,736.3 3,782.5 Finance and insurance………………………………………………………… 1,251.2 1,293.1 1,209.0 1,252.5 1,266.2 1,276.9 1,299.4 1,296.8 1,298.4 1,277.8 1,311.2 1,330.6 15 Real estate and rental and leasing…………………………………………… 2,244.8 2,363.3 2,198.1 2,226.6 2,265.7 2,289.0 2,325.1 2,351.1 2,377.4 2,399.5 2,425.1 2,451.9 16 17 Professional and business services…………………………………………… 2,064.9 2,207.3 2,011.9 2,033.6 2,091.7 2,122.3 2,164.0 2,196.9 2,220.6 2,247.8 2,265.8 2,296.8 Professional, scientific, and technical services……………………………… 1,204.5 1,292.8 1,172.2 1,185.4 1,222.7 1,237.7 1,266.9 1,286.9 1,301.8 1,315.5 1,333.3 1,348.7 18 Management of companies and enterprises………………………………… 338.0 356.2 331.6 331.3 341.3 348.0 352.6 355.9 356.2 360.3 357.7 367.9 19 Administrative and waste management services…………………………… 522.4 558.3 508.2 517.0 527.7 536.6 544.5 554.1 562.5 572.0 574.8 580.3 20 21 Educational services, health care, and social assistance…………………… 1,418.3 1,501.2 1,390.6 1,405.0 1,430.6 1,447.1 1,462.5 1,486.9 1,512.3 1,542.9 1,546.7 1,566.6 Educational services…………………………………………………………… 195.1 202.3 192.1 194.4 196.5 197.6 199.0 200.9 203.1 206.0 205.7 205.5 22 Health care and social assistance…………………………………………… 1,223.2 1,298.9 1,198.5 1,210.6 1,234.1 1,249.4 1,263.5 1,286.0 1,309.2 1,336.9 1,341.0 1,361.1 23 660.1 710.0 641.8 653.0 667.8 677.9 690.2 704.5 715.0 730.2 736.1 742.7 24 Arts, entertainment, recreation, accommodation, and food services……… Arts, entertainment, and recreation………………………………………… 173.4 185.8 169.8 171.5 175.1 177.3 180.4 184.8 187.1 190.9 192.9 195.3 25 Accommodation and food services…………………………………………… 486.7 524.2 472.0 481.6 492.7 500.6 509.8 519.7 528.0 539.3 543.2 547.4 26 381.2 401.7 371.0 377.5 386.2 390.0 393.2 399.8 403.4 410.2 414.9 417.5 27 Other services, except government…………………………………………… 28 Government………………………………………………………………………… 2,277.3 2,338.0 2,254.8 2,268.7 2,285.4 2,300.1 2,315.1 2,333.1 2,346.6 2,357.1 2,367.8 2,381.0 29 Federal…………………………………………………………………………… 719.8 729.4 717.0 719.0 720.9 722.4 728.9 729.8 730.2 728.8 734.8 736.9 30 State and local…………………………………………………………………… 1,557.4 1,608.6 1,537.8 1,549.7 1,564.4 1,577.7 1,586.2 1,603.4 1,616.4 1,628.4 1,633.0 1,644.1 Addenda: 31 Private goods-producing industries1…………………………………………… 3,457.4 3,405.4 3,383.9 3,460.9 3,504.8 3,479.9 3,381.1 3,426.8 3,430.2 3,383.6 3,328.8 3,371.1 32 Private services-producing industries2…………………………………………11,658.5 12,293.2 11,386.5 11,556.0 11,779.3 11,912.1 12,087.4 12,238.4 12,365.2 12,482.0 12,585.0 12,698.0 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Source: U.S. Bureau of Economic Analysis -9- November 3, 2016 Table 5a. Value Added by Industry Group as a Percentage of GDP Line 2014 2014 2015 2015 2016 100.0 100.0 I 100.0 II 100.0 III 100.0 IV 100.0 I 100.0 II 100.0 III 100.0 IV 100.0 I 100.0 II 100.0 2 Private industries………………………………………………………………… 3 Agriculture, forestry, fishing, and hunting……………………………………… 4 Mining……………………………………………………………………………… 5 Utilities…………………………………………………………………………… 6 Construction……………………………………………………………………… 7 Manufacturing…………………………………………………………………… Durable goods………………………………………………………………… 8 Nondurable goods……………………………………………………………… 9 10 Wholesale trade………………………………………………………………… 11 Retail trade……………………………………………………………………… 12 Transportation and warehousing……………………………………………… 13 Information………………………………………………………………………… 14 Finance, insurance, real estate, rental, and leasing………………………… Finance and insurance………………………………………………………… 15 Real estate and rental and leasing…………………………………………… 16 17 Professional and business services…………………………………………… Professional, scientific, and technical services……………………………… 18 Management of companies and enterprises………………………………… 19 Administrative and waste management services…………………………… 20 21 Educational services, health care, and social assistance…………………… Educational services…………………………………………………………… 22 Health care and social assistance…………………………………………… 23 24 Arts, entertainment, recreation, accommodation, and food services……… Arts, entertainment, and recreation………………………………………… 25 Accommodation and food services…………………………………………… 26 27 Other services, except government…………………………………………… 28 Government………………………………………………………………………… 29 Federal…………………………………………………………………………… 30 State and local…………………………………………………………………… 86.9 1.2 2.8 1.6 3.9 12.1 6.5 5.6 6.0 5.8 2.9 4.6 20.1 7.2 12.9 11.9 6.9 1.9 3.0 8.2 1.1 7.0 3.8 1.0 2.8 2.2 13.1 4.1 9.0 87.0 1.0 1.8 1.6 4.1 12.0 6.5 5.5 6.1 5.9 3.0 4.7 20.3 7.2 13.1 12.2 7.2 2.0 3.1 8.3 1.1 7.2 3.9 1.0 2.9 2.2 13.0 4.0 8.9 86.8 1.2 2.8 1.7 3.8 12.1 6.5 5.6 6.0 5.7 2.9 4.7 20.0 7.1 12.9 11.8 6.9 1.9 3.0 8.2 1.1 7.0 3.8 1.0 2.8 2.2 13.2 4.2 9.0 86.9 1.2 2.9 1.6 3.8 12.1 6.5 5.6 6.0 5.8 2.9 4.6 20.1 7.2 12.9 11.8 6.9 1.9 3.0 8.1 1.1 7.0 3.8 1.0 2.8 2.2 13.1 4.2 9.0 87.0 1.1 2.8 1.6 3.9 12.1 6.5 5.6 6.1 5.8 2.9 4.5 20.1 7.2 12.9 11.9 7.0 1.9 3.0 8.1 1.1 7.0 3.8 1.0 2.8 2.2 13.0 4.1 8.9 87.0 1.1 2.6 1.6 3.9 12.0 6.5 5.5 6.1 5.8 3.0 4.5 20.2 7.2 12.9 12.0 7.0 2.0 3.0 8.2 1.1 7.1 3.8 1.0 2.8 2.2 13.0 4.1 8.9 87.0 1.0 2.0 1.6 4.0 12.1 6.6 5.5 6.1 5.8 3.0 4.6 20.4 7.3 13.1 12.2 7.1 2.0 3.1 8.2 1.1 7.1 3.9 1.0 2.9 2.2 13.0 4.1 8.9 87.0 1.0 2.0 1.6 4.0 12.0 6.5 5.5 6.1 5.8 3.0 4.6 20.3 7.2 13.1 12.2 7.2 2.0 3.1 8.3 1.1 7.1 3.9 1.0 2.9 2.2 13.0 4.1 8.9 87.1 1.0 1.7 1.6 4.1 12.1 6.5 5.6 6.0 5.9 3.0 4.7 20.3 7.2 13.1 12.2 7.2 2.0 3.1 8.3 1.1 7.2 3.9 1.0 2.9 2.2 12.9 4.0 8.9 87.1 1.0 1.5 1.5 4.2 11.9 6.5 5.4 6.0 5.9 3.0 4.7 20.2 7.0 13.2 12.3 7.2 2.0 3.1 8.5 1.1 7.3 4.0 1.0 3.0 2.3 12.9 4.0 8.9 87.0 0.9 1.3 1.5 4.2 11.8 6.4 5.3 6.0 5.9 3.0 4.8 20.4 7.2 13.3 12.4 7.3 2.0 3.1 8.5 1.1 7.3 4.0 1.1 3.0 2.3 13.0 4.0 8.9 87.1 0.9 1.4 1.5 4.2 11.8 6.4 5.4 5.9 5.9 3.0 4.8 20.5 7.2 13.3 12.4 7.3 2.0 3.1 8.5 1.1 7.4 4.0 1.1 3.0 2.3 12.9 4.0 8.9 Addenda: 31 Private goods-producing industries1…………………………………………… 32 Private services-producing industries2………………………………………… 19.9 67.0 18.9 68.2 19.9 66.9 20.0 66.9 19.9 67.0 19.7 67.3 19.0 68.0 19.0 68.0 18.9 68.2 18.6 68.5 18.2 68.8 18.3 68.8 1 Gross domestic product…………………………………………………… 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Note. Detail may not add to total due to rounding. Source: U.S. Bureau of Economic Analysis - 10 - November 3, 2016 Table 6. Real Gross Output by Industry Group: Percent Change from Preceding Period Line 2014 2015 2014 I 1 II III Seasonally adjusted at annual rates 2015 IV I II III 3.3 1.2 3.2 2.7 All industries…………………………………………………………………… 2.7 2.7 -0.2 4.6 4.1 2 Private industries………………………………………………………………… 3 Agriculture, forestry, fishing, and hunting……………………………………… 4 Mining……………………………………………………………………………… 5 Utilities…………………………………………………………………………… 6 Construction……………………………………………………………………… 7 Manufacturing…………………………………………………………………… Durable goods………………………………………………………………… 8 Nondurable goods……………………………………………………………… 9 10 Wholesale trade………………………………………………………………… 11 Retail trade……………………………………………………………………… 12 Transportation and warehousing……………………………………………… 13 Information………………………………………………………………………… 14 Finance, insurance, real estate, rental, and leasing………………………… Finance and insurance………………………………………………………… 15 Real estate and rental and leasing…………………………………………… 16 17 Professional and business services…………………………………………… Professional, scientific, and technical services……………………………… 18 Management of companies and enterprises………………………………… 19 Administrative and waste management services…………………………… 20 21 Educational services, health care, and social assistance…………………… Educational services…………………………………………………………… 22 Health care and social assistance…………………………………………… 23 24 Arts, entertainment, recreation, accommodation, and food services……… Arts, entertainment, and recreation………………………………………… 25 Accommodation and food services…………………………………………… 26 27 Other services, except government…………………………………………… 28 Government………………………………………………………………………… 29 Federal…………………………………………………………………………… 30 State and local…………………………………………………………………… 3.1 3.2 11.8 3.2 4.3 0.9 2.9 -0.9 2.2 3.2 4.1 4.5 3.2 2.0 4.0 4.8 3.1 7.7 6.5 2.5 1.0 2.7 3.7 2.8 4.0 4.5 -0.6 -2.2 0.1 2.8 0.5 -7.0 -1.4 8.2 2.7 1.9 3.4 -1.0 2.7 2.4 4.4 2.4 1.2 3.1 3.6 2.7 4.0 5.6 4.8 1.6 5.3 5.3 5.5 5.3 1.4 1.7 0.1 2.5 -0.2 0.3 22.9 8.0 4.2 -2.5 -1.7 -3.2 -12.3 -2.5 3.5 3.0 2.0 -0.7 3.9 1.5 -2.4 6.7 6.9 -4.7 0.0 -5.4 -0.6 -0.4 -0.7 3.8 -0.2 2.8 -1.6 5.2 5.6 23.5 -3.9 6.7 1.5 3.2 0.0 7.2 10.4 5.9 3.8 4.6 5.6 4.0 5.5 8.1 0.2 3.5 7.0 1.0 7.9 6.4 -4.1 10.1 6.9 -0.2 -3.3 1.3 4.3 -2.1 5.6 -3.2 -0.2 4.6 12.2 -2.2 9.2 1.6 4.3 4.2 3.2 0.4 5.1 5.5 5.9 12.1 0.3 6.2 2.3 6.8 6.3 7.8 5.8 6.5 2.9 4.8 2.0 3.8 4.8 1.0 11.5 6.9 0.6 -2.4 3.5 0.9 -0.7 10.6 4.6 3.3 1.9 4.3 6.6 3.2 5.9 15.3 7.7 1.3 8.7 5.3 2.9 6.1 5.4 -0.4 -6.5 2.5 1.0 -4.6 -5.6 -6.6 5.6 3.1 -1.3 7.7 -6.6 0.3 -3.7 4.0 2.6 3.0 2.3 -0.7 -2.8 2.3 2.0 2.5 1.5 2.7 5.3 10.7 3.6 -6.9 3.1 3.4 3.0 3.4 -3.1 -23.2 -3.0 19.8 2.6 4.2 0.9 -2.1 8.1 0.3 4.5 2.3 1.9 2.6 5.3 5.0 2.2 8.2 4.5 1.8 4.9 6.9 5.5 7.4 5.4 2.2 0.1 3.1 Addenda: 31 Private goods-producing industries1…………………………………………… 32 Private services-producing industries2………………………………………… 2.3 3.5 2.7 2.9 0.4 -0.4 4.1 5.7 3.5 4.6 1.7 4.8 2.3 0.4 2.9 3.6 2016 IV I II 0.8 2.6 1.7 2.8 9.9 -11.7 -0.6 10.1 5.8 4.1 7.5 -3.2 5.0 5.1 3.3 -1.0 -5.8 2.5 4.3 4.7 1.3 5.6 4.0 0.7 4.5 1.6 1.1 1.8 -1.9 1.6 0.2 2.2 0.7 2.8 -22.2 -6.4 3.7 -1.3 -3.8 1.3 -2.5 -2.0 -2.2 8.5 1.8 2.3 1.4 0.8 1.0 3.5 -1.3 2.8 3.2 2.7 5.8 7.5 5.2 5.0 1.4 2.0 1.1 2.8 4.8 -18.7 -2.7 9.4 2.4 0.1 5.0 -7.5 5.2 1.1 5.6 2.2 2.4 2.2 4.0 8.8 -6.6 1.4 6.5 0.5 7.4 2.2 1.5 2.4 7.9 0.9 -0.7 1.6 1.7 2.4 -12.6 11.8 -7.5 -1.5 -2.0 -0.9 0.7 -1.9 -0.7 -2.3 4.3 6.0 3.2 5.7 3.6 10.3 7.4 9.1 3.7 9.9 2.3 1.1 2.7 2.6 1.6 2.4 1.2 5.6 1.7 -1.5 1.6 2.7 2.8 -2.9 3.5 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Source: U.S. Bureau of Economic Analysis - 11 - November 3, 2016 Table 7. Chain-Type Price Indexes for Gross Output by Industry Group: Percent Change from Preceding Period Line 2014 2015 2014 I 1 II III Seasonally adjusted at annual rates 2015 IV I II III -1.3 -4.3 1.4 -0.3 2016 IV -1.5 I II -1.3 2.8 All industries…………………………………………………………………… 1.6 -1.1 3.6 1.6 0.4 2 Private industries………………………………………………………………… 3 Agriculture, forestry, fishing, and hunting……………………………………… 4 Mining……………………………………………………………………………… 5 Utilities…………………………………………………………………………… 6 Construction……………………………………………………………………… 7 Manufacturing…………………………………………………………………… Durable goods………………………………………………………………… 8 Nondurable goods……………………………………………………………… 9 10 Wholesale trade………………………………………………………………… 11 Retail trade……………………………………………………………………… 12 Transportation and warehousing……………………………………………… 13 Information………………………………………………………………………… 14 Finance, insurance, real estate, rental, and leasing………………………… Finance and insurance………………………………………………………… 15 Real estate and rental and leasing…………………………………………… 16 17 Professional and business services…………………………………………… Professional, scientific, and technical services……………………………… 18 Management of companies and enterprises………………………………… 19 Administrative and waste management services…………………………… 20 21 Educational services, health care, and social assistance…………………… Educational services…………………………………………………………… 22 Health care and social assistance…………………………………………… 23 24 Arts, entertainment, recreation, accommodation, and food services……… Arts, entertainment, and recreation………………………………………… 25 Accommodation and food services…………………………………………… 26 27 Other services, except government…………………………………………… 28 Government………………………………………………………………………… 29 Federal…………………………………………………………………………… 30 State and local…………………………………………………………………… 1.5 -1.0 -1.6 6.4 3.7 0.7 1.2 0.3 0.9 1.0 1.7 0.5 2.8 3.8 2.1 1.1 1.5 -0.8 1.7 1.6 2.6 1.5 2.4 1.9 2.5 2.2 2.3 2.0 2.4 -1.2 -9.7 -29.1 -5.5 1.5 -6.1 -0.2 -11.6 1.0 1.3 -1.5 -0.4 2.4 2.8 2.1 1.7 1.6 1.8 1.9 1.3 1.9 1.2 2.5 2.4 2.5 2.1 0.4 0.6 0.3 3.7 11.8 19.9 31.2 4.5 3.8 1.8 5.7 3.1 0.5 2.0 3.4 2.7 3.6 2.0 2.2 2.4 2.2 1.8 1.9 3.1 1.7 2.7 3.1 2.6 2.5 2.7 -0.2 4.1 1.5 18.0 0.6 -7.5 1.8 0.8 0.7 0.9 0.3 0.7 3.8 -1.3 2.7 3.5 2.2 0.9 0.7 -0.8 2.6 1.8 3.3 1.6 2.9 1.1 3.6 1.9 1.9 2.1 1.8 0.3 -11.8 -16.2 -11.7 4.7 -0.2 1.6 -1.8 -1.3 2.5 -0.2 1.0 2.4 3.2 1.9 1.2 1.6 -1.2 2.1 1.3 0.8 1.4 2.3 1.6 2.6 2.1 1.7 1.7 1.7 -1.4 -5.1 -36.3 -0.9 2.9 -6.8 0.3 -13.1 2.4 5.4 -1.7 -1.1 1.6 1.2 1.9 1.9 1.5 3.6 1.4 1.5 2.7 1.3 2.5 -0.4 3.4 2.2 0.1 0.1 0.1 -4.6 -23.3 -56.3 2.1 0.1 -15.3 0.0 -28.3 2.0 -0.2 -3.8 -0.9 2.5 3.3 1.9 2.5 2.4 3.8 1.7 0.3 0.9 0.2 2.8 4.4 2.2 2.1 -1.7 0.1 -2.5 1.3 -2.6 15.4 -17.4 0.2 0.3 -1.1 1.8 1.2 -0.6 -0.6 -0.1 3.4 4.8 2.5 2.2 1.6 2.7 3.0 1.7 2.5 1.6 2.7 4.8 2.1 2.5 1.8 1.3 2.1 -0.5 -5.1 -26.8 2.0 1.4 -4.2 -1.4 -7.0 0.4 2.2 -1.9 0.4 2.3 2.2 2.3 0.7 1.5 -1.7 0.9 1.7 1.9 1.7 2.0 1.5 2.1 2.1 0.7 0.2 1.0 -1.7 -13.5 -25.0 -9.5 0.7 -5.9 -1.8 -9.9 -0.8 -2.7 -1.4 -1.2 1.3 -0.1 2.3 1.1 0.6 1.5 2.0 1.3 2.1 1.2 1.2 0.1 1.5 1.2 0.0 -0.8 0.5 -1.4 -10.9 -38.7 -7.9 0.3 -7.7 -1.6 -13.7 0.5 2.0 -0.9 0.4 1.7 1.6 1.8 1.9 1.6 1.7 2.6 1.7 2.1 1.6 3.6 4.2 3.4 2.2 -0.4 1.6 -1.2 2.8 -7.1 57.2 -2.4 4.6 5.1 1.7 8.9 -0.7 1.8 -1.3 -0.4 3.5 4.5 2.8 1.6 1.0 2.9 2.2 1.4 2.1 1.3 2.0 3.1 1.6 1.6 2.2 1.1 2.7 0.9 1.8 -7.0 1.3 5.5 3.0 1.9 1.4 -1.6 1.2 -8.0 1.6 -17.3 1.3 1.0 1.4 -4.8 1.4 -6.3 0.2 -8.2 1.4 6.1 1.6 31 32 Addenda: Private goods-producing industries1…………………………………………… Private services-producing industries2………………………………………… 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Source: U.S. Bureau of Economic Analysis - 12 - November 3, 2016 Table 8. Gross Output by Industry Group Line 1 Billions of dollars Seasonally adjusted at annual rates 2014 2015 2014 2015 2016 I II III IV I II III IV I II All industries…………………………………………………………………30,895.4 31,397.0 30,335.0 30,799.0 31,145.0 31,302.6 31,054.3 31,410.5 31,591.7 31,531.6 31,630.3 31,978.2 2 Private industries……………………………………………………………… 27,447.9 27,877.3 26,916.9 27,366.9 27,673.7 27,834.0 27,573.8 27,895.3 28,056.4 27,983.8 28,078.0 28,392.9 3 Agriculture, forestry, fishing, and hunting…………………………………… 492.0 446.7 481.0 508.1 489.8 489.2 452.5 446.0 450.7 437.7 430.2 424.9 4 Mining…………………………………………………………………………… 681.6 449.8 682.2 720.5 698.5 625.1 500.3 484.9 434.4 379.6 318.9 345.2 5 Utilities…………………………………………………………………………… 431.0 401.8 446.4 433.5 416.9 427.4 422.4 399.5 400.9 384.5 374.1 382.3 6 Construction………………………………………………………………………1,232.0 1,352.6 1,198.9 1,224.0 1,237.6 1,267.4 1,285.0 1,345.0 1,382.5 1,397.8 1,430.4 1,418.6 7 Manufacturing…………………………………………………………………… 6,047.5 5,829.6 6,013.0 6,048.1 6,113.1 6,015.8 5,815.5 5,857.2 5,876.6 5,769.0 5,689.1 5,738.9 8 Durable goods………………………………………………………………… 2,923.2 2,972.9 2,858.1 2,885.8 2,982.1 2,966.7 2,957.2 2,979.0 2,998.9 2,956.6 2,945.6 2,942.5 9 Nondurable goods…………………………………………………………… 3,124.3 2,856.6 3,154.9 3,162.3 3,131.0 3,049.0 2,858.3 2,878.1 2,877.7 2,812.4 2,743.6 2,796.4 10 Wholesale trade………………………………………………………………… 1,553.9 1,554.3 1,515.4 1,543.2 1,572.2 1,584.8 1,565.7 1,562.1 1,551.0 1,538.2 1,510.5 1,510.6 11 Retail trade……………………………………………………………………… 1,576.6 1,640.7 1,533.3 1,574.2 1,590.2 1,608.7 1,609.1 1,638.2 1,667.6 1,648.0 1,677.3 1,676.8 12 Transportation and warehousing……………………………………………… 1,065.7 1,074.8 1,036.0 1,060.9 1,071.5 1,094.3 1,073.7 1,073.0 1,081.2 1,071.4 1,071.9 1,066.6 13 Information……………………………………………………………………… 1,490.6 1,549.7 1,471.2 1,480.2 1,499.2 1,512.0 1,523.3 1,540.0 1,554.2 1,581.2 1,604.4 1,593.4 14 Finance, insurance, real estate, rental, and leasing………………………… 5,339.7 5,597.0 5,215.5 5,310.0 5,383.7 5,449.5 5,518.1 5,597.1 5,614.6 5,658.3 5,713.9 5,824.3 15 Finance and insurance……………………………………………………… 2,188.1 2,277.7 2,138.3 2,185.9 2,205.4 2,222.6 2,257.3 2,294.9 2,273.1 2,285.3 2,307.8 2,367.8 16 Real estate and rental and leasing………………………………………… 3,151.6 3,319.3 3,077.3 3,124.1 3,178.3 3,226.9 3,260.8 3,302.2 3,341.5 3,373.0 3,406.1 3,456.5 17 Professional and business services………………………………………… 3,317.1 3,497.7 3,234.3 3,285.1 3,339.6 3,409.3 3,424.2 3,487.5 3,530.9 3,548.0 3,599.6 3,664.8 18 Professional, scientific, and technical services…………………………… 1,881.3 1,962.8 1,828.9 1,868.3 1,902.9 1,925.0 1,922.6 1,953.9 1,983.5 1,991.3 2,042.0 2,065.3 19 Management of companies and enterprises……………………………… 596.1 630.7 585.7 584.7 599.8 614.0 623.3 631.1 630.4 638.2 630.0 650.2 20 Administrative and waste management services………………………… 839.7 904.1 819.7 832.1 836.9 870.3 878.3 902.6 917.0 918.5 927.6 949.3 21 Educational services, health care, and social assistance………………… 2,390.4 2,535.6 2,317.7 2,367.5 2,411.2 2,465.2 2,482.6 2,520.9 2,556.5 2,582.6 2,634.4 2,701.9 22 Educational services………………………………………………………… 317.9 329.0 313.4 316.7 319.2 322.3 324.2 327.7 329.8 334.1 336.3 341.2 23 Health care and social assistance………………………………………… 2,072.5 2,206.6 2,004.3 2,050.8 2,092.1 2,142.9 2,158.4 2,193.2 2,226.6 2,248.4 2,298.1 2,360.8 24 Arts, entertainment, recreation, accommodation, and food services………1,189.6 1,283.8 1,151.5 1,178.0 1,203.0 1,226.1 1,250.4 1,280.0 1,291.4 1,313.4 1,332.3 1,346.5 25 Arts, entertainment, and recreation………………………………………… 293.5 316.9 291.4 289.1 295.8 297.7 308.6 316.4 318.4 324.4 328.9 332.4 26 Accommodation and food services………………………………………… 896.1 966.9 860.2 888.8 907.2 928.4 941.8 963.6 973.0 989.1 1,003.4 1,014.1 27 Other services, except government…………………………………………… 640.2 663.3 620.5 633.8 647.2 659.4 651.0 663.9 664.0 674.1 690.8 697.9 28 Government……………………………………………………………………… 3,447.5 3,519.7 3,418.1 3,432.2 3,471.3 3,468.6 3,480.5 3,515.2 3,535.3 3,547.8 3,552.4 3,585.4 29 Federal…………………………………………………………………………… 1,096.7 1,104.5 1,094.9 1,091.6 1,109.1 1,091.0 1,100.2 1,104.1 1,105.2 1,108.3 1,110.6 1,120.1 30 State and local……………………………………………………………………2,350.9 2,415.2 2,323.2 2,340.6 2,362.2 2,377.6 2,380.3 2,411.0 2,430.1 2,439.5 2,441.8 2,465.2 Addenda: 31 Private goods-producing industries1………………………………………… 8,453.0 8,078.6 8,375.1 8,500.6 8,539.0 8,397.5 8,053.2 8,133.0 8,144.2 7,984.0 7,868.7 7,927.6 2 32 Private services-producing industries ……………………………………… 18,994.8 19,798.7 18,541.8 18,866.3 19,134.7 19,436.5 19,520.5 19,762.3 19,912.3 19,999.8 20,209.3 20,465.2 1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. 2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Source: U.S. Bureau of Economic Analysis - 13 -