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EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, TUESDAY, October 29, 2019 Technical: Media: (301) 278‐9586 (301) 278‐9541 (301) 278‐9003 Thomas Howells Edward Morgan Jeannine Aversa BEA 19‐54 IndustryEconomicAccounts@bea.gov Jeannine.Aversa@bea.gov Gross Domestic Product by Industry: Second Quarter 2019 Annual Update: 2014 Through First Quarter 2019 Professional, scientific, and technical services; real estate and rental and leasing; and mining were the leading contributors to the increase in U.S. economic growth in the second quarter of 2019, according to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis. The private goods‐ and services‐producing industries, as well as the government sector, contributed to the increase. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the second quarter. Real GDP and Real Value Added by Sector Percent Change 6 4 2 0 ‐2 2018:Q2 GDP 2018:Q3 Private Goods U.S. Bureau of Economic Analysis 2018:Q4 Private Services 2019:Q1 2019:Q2 Government Seasonally adjusted annual rates For the professional, scientific, and technical services industry group, real value added—a measure of an industry’s contribution to GDP—increased 7.4 percent in the second quarter, after increasing 8.0 percent in the first quarter. The second quarter growth reflected increases to miscellaneous professional, scientific, and technical services, as well as computer systems design and related services. Real estate and rental and leasing increased 2.6 percent, after increasing 0.8 percent. The second quarter growth primarily reflected an increase in other real estate, which includes offices of real estate agents and brokers. Mining increased 23.5 percent in the second quarter, after increasing 26.0 percent. The second quarter growth primarily reflected an increase in oil and gas extraction. Real Value Added by Industry Percent Change Mining 30 25 Utilities 20 Retail trade 15 Finance and insurance 10 5 Real estate and rental and leasing 0 Professional, scientific, and technical services ‐5 2019:Q1 2019:Q2 U.S. Bureau of Economic Analysis Seasonally adjusted annual rates Other highlights Real GDP growth slowed to 2.0 percent in the second quarter, from 3.1 percent in the first quarter. Finance and insurance was the leading contributor to the deceleration with real value added for the industry group increasing 2.0 percent in the second quarter, after increasing 20.9 percent in the first quarter. Retail trade increased 0.2 percent in the second quarter, after increasing 8.8 percent, and was the second leading contributor to the slowdown. The deceleration was primarily attributed to a slowdown in other retail, which includes gasoline stations as well as building material and garden equipment and supplies dealers. Utilities increased 18.1 percent in the second quarter, after decreasing 3.5 percent in the first quarter. –2– Gross output by industry Economy‐wide, 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 2.0 percent in the second quarter. This reflected an increase of 2.9 percent for the private services‐producing sector, and 4.4 percent for the government sector, while the private goods‐ producing sector decreased 1.4 percent. Overall, 15 of 22 industry groups contributed to the increase in real gross output. Real Gross Output by Industry Percent Change Mining 10 Utilities 5 Retail trade 0 Finance and insurance Real estate and rental and leasing ‐5 Professional, scientific, and technical services ‐10 2019:Q1 2019:Q2 U.S. Bureau of Economic Analysis Seasonally adjusted annual rates Real gross output for retail trade increased 4.7 percent in the second quarter, after increasing 2.8 percent in the first quarter. The increase was primarily attributed to other retail, which includes nonstore retailers. Real estate and rental and leasing increased 3.9 percent, after increasing 3.5 percent in the first quarter. Professional, scientific, and technical services increased 6.5 percent in the second quarter, after increasing 0.2 percent in the first quarter. The increase was primarily attributed to an increase in miscellaneous professional, scientific, and technical services, which includes advertising, research and development, and engineering services. Annual Update of the Industry Economic Accounts The estimates released today reflect the results of the annual update of the Industry Economic Accounts. The update covers the first quarter of 2014 through the first quarter of 2019. Major improvements introduced with this update include: –3– Incorporation of results from the 2019 annual update of the National Income and Product Accounts, including a new quality‐adjusted price for cellular phones, as well as new private data on video streaming revenue that enhances the coverage of streaming providers. Incorporation of newly available and revised source data, including the 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. Benchmark and annul supply‐use tables, as well as the full results of the release can be found on the BEA Web site. Additional information will be available in an article in the November 2019 issue of the Survey of Current Business. * * * Next release – January 9, 2020 at 8:30 A.M. EST for: Gross Domestic Product by Industry: Third Quarter 2019 –4– 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 reading the BEA blog, signing up for BEA’s email subscription service, or following BEA on Twitter @BEA_News. Historical time series for these estimates can be accessed in BEA’s interactive data application. Access BEA data by registering for BEA’s Data application programming interface (API). For more on BEA’s statistics, see our monthly online journal, the Survey of Current Business. BEA's news release schedule 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 Annual rates. Quarterly values are expressed at seasonallyadjusted annual rates (SAAR), unless otherwise specified. Dollar changes are calculated as the difference between these SAAR values. For detail, 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 2012). 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 (2012) 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 reflects 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) and 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 –5– October 29, 2019 Table 1. Real Value Added by Industry Group: Percent Change from Preceding Period Line 2017 2018 2017 I 1 Gross domestic product 2 Private industries 3 Agriculture, forestry, fishing, and hunting 4 Mining 5 Utilities 6 Construction 7 Manufacturing 8 Durable goods 9 Nondurable goods 10 Wholesale trade 11 Retail trade 12 Transportation and warehousing 13 Information 14 Finance, insurance, real estate, rental, and leasing 15 Finance and insurance 16 Real estate and rental and leasing 17 Professional and business services 18 Professional, scientific, and technical services 19 Management of companies and enterprises 20 Administrative and waste management services 21 Educational services, health care, and social assistance 22 Educational services 23 Health care and social assistance 24 Arts, entertainment, recreation, accommodation, and food services 25 Arts, entertainment, and recreation 26 Accommodation and food services 27 Other services, except government 28 Government 29 Federal 30 State and local II Seasonally adjusted at annual rates 2018 III IV I II III 3.2 3.5 2.5 3.5 2.9 2.4 2.9 2.3 2.2 2.6 -1.5 7.2 1.7 2.3 2.6 3.4 1.6 1.8 3.5 4.6 5.9 1.2 -0.6 2.2 4.3 2.9 7.2 6.1 1.6 -2.6 2.3 2.1 2.3 2.1 0.1 0.9 0.6 1.1 3.2 -1.4 3.3 -0.2 2.2 3.9 4.7 2.9 1.6 3.5 4.0 8.5 1.2 -1.9 3.0 5.4 5.2 7.1 4.6 3.1 1.1 3.5 2.6 4.0 2.1 3.1 0.8 0.3 1.0 2.5 8.3 14.2 -5.6 6.0 4.8 4.5 5.2 2.8 0.8 4.8 4.3 0.5 -5.3 4.1 4.0 1.0 8.5 8.6 1.6 -5.6 2.9 -0.1 -9.3 3.4 -1.1 1.0 1.0 1.0 2.5 -11.2 35.8 8.5 -3.7 5.1 2.9 8.2 0.5 4.9 3.3 8.2 -1.9 -8.7 2.2 6.0 4.8 8.1 7.6 1.0 -4.3 1.9 2.0 5.0 0.9 0.4 0.0 -0.4 0.3 3.5 -13.5 17.5 -3.6 1.3 2.3 6.0 -2.3 1.2 7.6 2.8 11.3 2.7 4.4 1.7 4.7 3.9 6.9 5.2 1.6 0.4 1.8 4.3 13.2 1.3 4.3 0.9 0.9 0.9 3.8 -0.5 1.7 7.9 8.2 7.6 9.2 5.7 3.5 2.8 3.8 5.0 -0.1 -4.7 2.5 8.0 5.7 20.0 6.5 2.4 -0.7 2.9 0.7 -2.6 1.9 3.1 1.0 0.7 1.1 2.8 0.4 -15.2 -12.9 5.3 3.4 4.1 2.4 0.0 6.3 9.3 6.5 1.3 -3.6 4.2 4.1 6.4 -0.6 1.7 6.0 3.1 6.5 -0.1 -1.0 0.3 3.2 0.5 0.3 0.7 3.8 7.9 12.4 13.3 -2.1 1.9 2.8 0.7 -1.8 0.1 -0.1 16.9 3.3 0.4 5.0 5.2 5.6 5.4 4.1 2.0 0.9 2.2 8.9 16.3 6.3 4.8 1.3 0.6 1.6 2.7 2.5 3.2 3.2 5.8 1.7 4.1 2.1 2.3 3.8 6.9 3.0 1.9 3.0 2.2 4.2 2019 IV I II 1.1 3.1 2.0 3.2 -4.5 2.7 -5.5 0.7 4.6 2.3 7.5 5.4 3.0 3.4 5.0 1.8 4.6 0.3 6.0 4.9 10.9 5.6 3.1 2.2 3.3 0.8 -0.1 1.1 1.3 0.9 0.3 1.2 1.3 4.9 11.3 3.0 -3.4 2.2 4.2 -0.2 7.6 -2.6 1.5 4.8 -2.5 -10.4 2.3 2.5 1.9 -0.5 6.2 2.8 4.1 2.5 2.1 -0.4 3.0 1.9 -0.2 -2.0 0.6 3.8 3.0 26.0 -3.5 3.8 -3.6 1.3 -9.6 -0.8 8.8 -0.6 1.5 7.7 20.9 0.8 6.9 8.0 15.8 -0.9 4.3 -1.7 5.3 -1.2 2.8 -2.5 -0.9 -1.6 -5.1 0.1 1.9 9.3 23.5 18.1 -0.3 0.4 1.0 -0.3 -6.7 0.2 -2.9 4.4 2.4 2.0 2.6 6.3 7.4 7.1 3.2 0.7 -4.4 1.6 -2.0 -2.6 -1.8 -1.9 3.1 7.6 1.1 3.1 3.2 1.9 1.1 0.8 4.5 2.5 1.7 Addenda: 31 32 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 –6– October 29, 2019 Table 2. Contributions to Percent Change in Real GDP by Industry Group Line 2017 2018 I Percent change at annual rate: 1 Gross domestic product Percentage points at annual rates: 2 Private industries 3 Agriculture, forestry, fishing, and hunting 4 Mining 5 Utilities 6 Construction 7 Manufacturing 8 Durable goods 9 Nondurable goods 10 Wholesale trade 11 Retail trade 12 Transportation and warehousing 13 Information 14 Finance, insurance, real estate, rental, and leasing 15 Finance and insurance 16 Real estate and rental and leasing 17 Professional and business services 18 Professional, scientific, and technical services 19 Management of companies and enterprises 20 Administrative and waste management services 21 Educational services, health care, and social assistance 22 Educational services 23 Health care and social assistance 24 Arts, entertainment, recreation, accommodation, and food services 25 Arts, entertainment, and recreation 26 Accommodation and food services 27 Other services, except government 28 Government 29 30 Federal State and local 2.4 2.9 Seasonally adjusted at annual rates 2018 IV I II III 2017 II 2.3 III 2.2 3.2 3.5 2.5 3.5 2.9 2019 IV I 1.1 II 3.1 2.0 2.23 2.77 2.18 2.16 3.03 3.31 2.41 3.31 2.76 1.11 3.27 1.64 -0.01 0.09 0.03 0.09 0.29 0.21 0.08 0.11 0.20 0.14 0.29 0.24 -0.04 0.29 0.53 0.21 0.13 0.18 0.14 -0.03 0.17 0.09 0.03 0.06 0.00 0.12 -0.01 0.05 0.00 0.09 0.44 0.30 0.14 0.10 0.19 0.13 0.43 0.25 -0.15 0.40 0.66 0.39 0.13 0.14 0.27 0.01 0.26 0.11 0.04 0.07 0.07 0.10 0.07 0.15 -0.09 0.24 0.54 0.28 0.27 0.16 0.05 0.14 0.22 0.11 -0.43 0.54 0.48 0.08 0.15 0.25 0.14 -0.08 0.22 -0.01 -0.11 0.10 -0.02 0.13 -0.11 0.41 0.13 -0.15 0.58 0.18 0.40 0.03 0.27 0.10 0.40 -0.40 -0.70 0.29 0.72 0.35 0.15 0.22 0.08 -0.06 0.14 0.08 0.05 0.03 0.01 0.00 -0.13 0.23 -0.06 0.05 0.26 0.37 -0.11 0.07 0.41 0.09 0.56 0.57 0.33 0.23 0.58 0.29 0.13 0.16 0.14 0.00 0.13 0.18 0.14 0.04 0.09 0.11 0.00 0.02 0.12 0.33 0.84 0.56 0.27 0.21 0.16 0.12 0.26 -0.02 -0.36 0.34 0.98 0.42 0.36 0.20 0.21 -0.01 0.22 0.03 -0.03 0.06 0.06 0.13 0.00 -0.26 -0.22 0.21 0.37 0.26 0.11 0.00 0.34 0.28 0.33 0.27 -0.28 0.55 0.51 0.47 -0.01 0.05 0.51 0.04 0.47 0.00 -0.01 0.01 0.07 0.07 0.07 0.20 0.20 -0.08 0.21 0.18 0.03 -0.10 0.01 0.00 0.82 0.70 0.04 0.66 0.65 0.42 0.10 0.13 0.18 0.01 0.17 0.36 0.17 0.19 0.10 0.16 -0.04 0.05 -0.09 0.03 0.51 0.15 0.36 0.31 0.16 0.11 0.26 0.39 0.35 0.04 0.73 0.36 0.20 0.17 0.27 0.03 0.24 0.03 0.00 0.03 0.03 0.12 0.04 0.18 0.05 -0.14 0.25 0.26 -0.02 0.44 -0.14 0.05 0.25 -0.54 -0.83 0.30 0.31 0.14 -0.01 0.19 0.24 0.05 0.19 0.09 0.00 0.09 0.04 -0.02 0.02 0.38 -0.06 0.16 -0.40 0.09 -0.49 -0.05 0.46 -0.02 0.08 1.55 1.45 0.11 0.85 0.59 0.28 -0.03 0.37 -0.02 0.39 -0.05 0.03 -0.08 -0.02 -0.19 0.07 0.33 0.26 -0.01 0.05 0.06 -0.01 -0.41 0.01 -0.09 0.22 0.51 0.16 0.35 0.78 0.55 0.13 0.10 0.06 -0.06 0.12 -0.09 -0.03 -0.06 -0.04 0.37 0.02 0.09 0.01 0.09 0.04 0.09 -0.02 0.02 0.03 0.08 0.03 0.10 0.01 0.06 0.02 0.14 0.01 0.10 -0.08 0.05 -0.20 0.01 0.28 0.09 Addenda: 31 1 Private goods-producing industries 0.46 0.57 1.00 0.73 0.41 1.18 0.33 0.39 0.55 0.33 0.15 0.43 32 2 Private services-producing industries 1.77 2.20 1.18 1.43 2.62 2.13 2.08 2.91 2.21 0.78 3.12 1.21 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 –7– October 29, 2019 Table 3. Chain-Type Price Indexes for Value Added by Industry Group: Percent Change from Preceding Period Line 2017 2018 2017 I 1 Gross domestic product 2 Private industries 3 Agriculture, forestry, fishing, and hunting 4 Mining 5 Utilities 6 Construction 7 Manufacturing 8 Durable goods 9 Nondurable goods 10 Wholesale trade 11 Retail trade 12 Transportation and warehousing 13 Information 14 Finance, insurance, real estate, rental, and leasing 15 Finance and insurance 16 Real estate and rental and leasing 17 Professional and business services 18 Professional, scientific, and technical services 19 Management of companies and enterprises 20 Administrative and waste management services 21 Educational services, health care, and social assistance 22 Educational services 23 Health care and social assistance 24 Arts, entertainment, recreation, accommodation, and food services 25 Arts, entertainment, and recreation 26 Accommodation and food services 27 Other services, except government 28 Government 29 Federal 30 State and local II III Seasonally adjusted at annual rates 2018 IV I II III 2.6 2.3 3.2 2.0 1.9 2.4 1.9 1.3 2.4 1.9 7.9 24.4 2.4 3.6 1.4 0.0 3.1 0.9 -0.9 0.8 -1.8 2.8 3.5 2.4 1.1 1.3 -0.7 1.5 1.9 2.9 1.8 2.2 1.4 2.5 2.9 1.8 1.9 1.7 2.4 -3.3 16.8 3.6 3.9 2.2 0.6 4.3 2.4 0.4 3.3 -1.4 4.0 7.5 2.0 0.9 1.2 -1.3 1.4 1.7 2.5 1.6 2.9 2.0 3.2 2.4 2.9 3.1 2.8 1.9 60.3 35.0 4.6 1.1 1.6 -0.7 4.6 0.2 2.2 0.1 -2.4 -0.1 -2.8 1.6 2.1 3.0 0.2 1.1 1.0 3.2 0.6 2.9 6.5 1.6 3.7 1.8 1.7 1.9 1.2 5.5 -11.7 4.0 5.2 -1.0 0.6 -3.0 3.5 -3.0 4.0 -1.8 3.0 3.3 2.8 0.0 0.0 -0.6 0.3 1.7 2.4 1.6 2.4 -1.6 3.8 2.5 2.4 2.4 2.4 2.1 -6.8 -2.9 1.7 5.0 5.1 0.2 11.7 2.8 -3.1 2.7 -3.1 3.7 4.9 3.1 1.4 1.6 -0.8 2.2 1.8 1.8 1.8 2.7 0.7 3.4 2.2 2.4 2.2 2.6 2.9 0.9 50.3 -0.2 -0.9 2.6 -0.4 6.6 2.8 1.5 2.5 0.3 5.6 11.4 2.4 -0.5 0.1 -4.3 0.6 1.6 3.3 1.3 1.4 -0.2 2.0 1.8 2.6 3.0 2.5 2.3 -0.1 33.2 17.0 3.1 0.8 -0.8 2.9 -0.7 -2.1 0.0 -2.9 4.0 9.4 1.0 2.0 2.1 2.2 1.7 0.8 1.9 0.6 5.3 3.1 6.1 2.1 3.4 4.1 3.1 3.6 -1.4 9.3 -7.7 7.7 4.0 1.6 7.3 7.3 7.2 7.2 0.6 3.6 8.5 1.0 1.5 2.3 -3.0 2.2 2.9 3.7 2.8 1.3 3.5 0.6 2.6 2.6 2.9 2.5 3.8 1.5 3.5 2.2 6.2 0.9 -0.2 1.5 3.7 1.7 5.1 2.4 3.8 2.0 5.1 3.2 2019 IV I II 1.6 1.1 2.4 1.6 -20.8 14.9 1.8 4.2 0.5 3.8 -3.5 0.6 -2.5 3.6 -0.7 4.2 4.7 3.8 -0.2 0.0 -2.1 0.3 1.2 2.1 1.0 3.2 3.8 2.9 3.5 3.4 2.9 3.6 1.6 3.3 -20.8 7.5 6.6 2.5 0.7 5.0 2.0 3.7 7.3 -3.3 1.4 0.7 1.8 0.4 0.1 -0.7 1.6 2.9 1.9 3.0 2.3 2.0 2.4 3.4 3.0 3.9 2.7 0.3 -9.2 -41.4 4.0 5.6 -1.0 3.1 -6.1 6.2 -1.6 3.8 2.3 -0.8 -8.4 3.8 1.8 2.2 -3.8 4.7 1.4 2.6 1.2 5.4 2.0 6.7 4.9 4.4 8.2 2.8 3.0 2.6 -11.6 -14.4 6.2 2.6 0.7 5.1 9.3 3.2 2.9 3.1 4.1 5.4 3.4 1.3 1.2 -0.6 2.7 2.1 3.3 1.9 4.7 3.7 5.1 4.5 0.0 -4.9 2.3 1.5 1.6 0.9 1.8 -4.5 1.6 2.1 3.2 Addenda: 31 32 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 –8– October 29, 2019 Table 4. Contributions to Percent Change in the GDP Price Index by Industry Group Line 2017 2018 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 Seasonally adjusted at annual rates 2018 IV I II III 2017 II III 2019 IV I II 1.9 2.4 1.9 1.3 2.4 2.6 2.3 3.2 2.0 1.6 1.1 2.4 1.68 0.07 0.29 0.04 0.14 0.15 0.00 0.15 0.05 -0.05 0.03 -0.09 0.59 0.27 0.32 0.13 0.10 -0.01 0.05 0.17 0.04 0.13 0.09 0.02 0.08 0.06 0.22 0.08 0.15 2.14 -0.03 0.25 0.06 0.16 0.25 0.04 0.21 0.14 0.02 0.10 -0.07 0.83 0.56 0.27 0.11 0.09 -0.03 0.04 0.15 0.03 0.12 0.12 0.02 0.10 0.05 0.36 0.12 0.24 1.67 0.42 0.41 0.07 0.05 0.16 -0.04 0.20 0.01 0.12 0.01 -0.12 -0.01 -0.22 0.21 0.26 0.22 0.00 0.03 0.09 0.04 0.05 0.12 0.07 0.05 0.08 0.24 0.07 0.17 1.01 0.05 -0.17 0.06 0.21 -0.12 0.04 -0.16 0.20 -0.17 0.12 -0.09 0.62 0.25 0.37 0.00 0.00 -0.01 0.01 0.15 0.03 0.12 0.10 -0.02 0.12 0.05 0.31 0.09 0.21 1.85 -0.06 -0.04 0.03 0.20 0.55 0.01 0.54 0.16 -0.17 0.09 -0.16 0.77 0.36 0.41 0.17 0.12 -0.02 0.07 0.16 0.02 0.13 0.11 0.01 0.10 0.05 0.31 0.09 0.22 2.55 0.01 0.63 0.00 -0.04 0.30 -0.02 0.32 0.16 0.08 0.08 0.01 1.14 0.83 0.31 -0.06 0.00 -0.08 0.02 0.14 0.04 0.10 0.06 0.00 0.06 0.04 0.33 0.11 0.21 2.04 0.00 0.47 0.25 0.12 0.10 -0.05 0.15 -0.04 -0.12 0.00 -0.15 0.82 0.68 0.14 0.25 0.16 0.04 0.05 0.07 0.02 0.05 0.22 0.03 0.18 0.04 0.41 0.15 0.26 3.15 -0.01 0.15 -0.13 0.31 0.46 0.10 0.36 0.42 0.39 0.22 0.03 0.76 0.63 0.13 0.19 0.18 -0.06 0.07 0.25 0.05 0.21 0.06 0.04 0.02 0.05 0.33 0.11 0.22 1.41 -0.19 0.24 0.03 0.17 0.06 0.23 -0.17 0.03 -0.14 0.11 -0.04 0.86 0.35 0.50 -0.03 0.00 -0.04 0.01 0.10 0.03 0.07 0.13 0.04 0.09 0.07 0.41 0.11 0.30 1.41 0.02 -0.40 0.11 0.26 0.29 0.04 0.25 0.12 0.20 0.23 -0.17 0.29 0.06 0.23 0.05 0.01 -0.01 0.05 0.25 0.02 0.22 0.10 0.02 0.07 0.07 0.37 0.15 0.23 0.26 -0.07 -0.86 0.06 0.22 -0.11 0.20 -0.30 0.36 -0.09 0.12 0.12 -0.17 -0.67 0.50 0.23 0.16 -0.08 0.14 0.12 0.03 0.09 0.22 0.02 0.20 0.10 0.53 0.30 0.24 2.58 0.02 -0.19 -0.24 0.25 0.29 0.05 0.24 0.53 0.18 0.09 0.16 0.86 0.41 0.45 0.17 0.10 -0.01 0.08 0.18 0.04 0.14 0.19 0.04 0.15 0.09 0.01 -0.19 0.20 0.65 1.02 0.63 1.51 1.03 0.63 -0.04 1.05 0.65 1.21 0.90 1.65 0.69 1.35 0.90 2.25 0.28 1.13 0.18 1.24 -0.82 1.08 0.37 2.22 Addenda: 31 32 1 Private goods-producing industries 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. 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 –9– October 29, 2019 Table 5. Value Added by Industry Group Line 2017 2018 2017 I 1 Gross domestic product 2 Private industries 3 Agriculture, forestry, fishing, and hunting 4 Mining 5 Utilities 6 Construction 7 Manufacturing 8 Durable goods 9 Nondurable goods 10 Wholesale trade 11 Retail trade 12 Transportation and warehousing 13 Information 14 Finance, insurance, real estate, rental, and leasing 15 Finance and insurance 16 Real estate and rental and leasing 17 Professional and business services 18 Professional, scientific, and technical services 19 Management of companies and enterprises 20 Administrative and waste management services 21 Educational services, health care, and social assistance 22 Educational services 23 Health care and social assistance 24 Arts, entertainment, recreation, accommodation, and food services 25 Arts, entertainment, and recreation 26 Accommodation and food services 27 Other services, except government 28 Government 29 Federal 30 State and local II III Billions of dollars Seasonally adjusted at annual rates 2018 IV I II III 2019 IV I II 19,519.4 20,580.2 19,190.4 19,356.6 19,611.7 19,918.9 20,163.2 20,510.2 20,749.8 20,897.8 21,098.8 21,340.3 17,065.8 18,035.6 16,763.6 16,915.0 17,149.8 17,434.8 17,654.9 17,977.5 18,190.0 18,320.0 18,503.1 174.6 166.5 181.4 178.5 169.1 169.3 169.4 172.1 160.5 163.8 161.1 287.3 346.6 266.3 277.8 286.6 318.6 328.8 346.4 361.3 350.1 324.6 315.1 325.9 307.4 316.8 315.2 321.1 322.6 326.3 323.1 331.4 331.8 790.4 839.1 778.9 781.5 793.6 807.5 824.3 835.3 845.4 851.6 871.4 2,185.1 2,321.2 2,135.5 2,157.1 2,196.2 2,251.5 2,274.8 2,308.1 2,337.2 2,364.7 2,337.6 1,230.7 1,296.4 1,207.1 1,217.5 1,235.9 1,262.1 1,272.4 1,286.2 1,305.7 1,321.4 1,336.0 954.4 1,024.8 928.4 939.6 960.3 989.4 1,002.4 1,022.0 1,031.4 1,043.3 1,001.6 1,164.6 1,212.2 1,146.0 1,157.3 1,168.6 1,186.5 1,184.4 1,200.1 1,217.8 1,246.6 1,262.9 1,084.3 1,126.9 1,072.2 1,076.8 1,088.2 1,099.8 1,110.8 1,130.6 1,131.7 1,134.4 1,153.9 612.4 658.1 597.7 608.6 616.9 626.5 640.6 651.7 663.0 677.2 682.5 997.6 1,067.7 973.7 988.6 1,007.6 1,020.7 1,029.3 1,071.8 1,083.1 1,086.8 1,097.3 4,088.5 4,301.6 4,035.0 4,045.1 4,109.6 4,164.2 4,218.2 4,291.2 4,355.0 4,342.0 4,413.9 1,486.3 1,567.3 1,479.9 1,458.5 1,492.1 1,514.7 1,534.6 1,567.8 1,603.7 1,563.2 1,603.5 2,602.1 2,734.3 2,555.0 2,586.6 2,617.5 2,649.5 2,683.7 2,723.4 2,751.2 2,778.8 2,810.4 2,427.6 2,579.4 2,372.4 2,406.9 2,443.2 2,487.7 2,525.4 2,567.2 2,603.2 2,622.0 2,678.0 1,452.1 1,546.4 1,424.5 1,441.2 1,461.1 1,481.8 1,512.8 1,542.7 1,561.2 1,569.0 1,608.1 373.7 394.9 362.7 369.3 374.7 388.0 389.5 391.6 399.8 398.6 409.4 601.8 638.1 585.2 596.5 607.4 618.0 623.1 632.9 642.1 654.4 660.4 1,708.9 1,792.5 1,689.1 1,700.4 1,714.6 1,731.7 1,760.5 1,782.1 1,801.0 1,826.2 1,851.7 246.5 255.5 246.5 245.2 246.5 248.1 251.1 253.9 256.7 260.5 261.0 1,462.4 1,536.9 1,442.6 1,455.2 1,468.1 1,483.6 1,509.4 1,528.2 1,544.3 1,565.7 1,590.7 815.4 860.6 800.8 809.5 823.5 827.8 838.5 859.3 867.6 877.0 886.1 214.4 227.4 210.0 211.7 218.8 217.2 218.4 228.8 230.8 231.7 234.5 601.0 633.2 590.8 597.8 604.7 610.6 620.1 630.5 636.8 645.3 651.6 414.1 437.2 407.3 410.3 416.9 421.9 427.4 435.1 440.3 446.1 450.4 2,453.6 2,544.6 2,426.8 2,441.6 2,461.9 2,484.1 2,508.3 2,532.7 2,559.8 2,577.8 2,595.7 764.4 790.8 757.1 760.7 766.4 773.4 781.7 788.4 794.8 798.3 803.7 1,689.2 1,753.8 1,669.8 1,680.9 1,695.5 1,710.7 1,726.6 1,744.3 1,765.0 1,779.5 1,792.1 18,724.7 165.7 331.7 332.7 883.9 2,355.0 1,341.7 1,013.4 1,269.0 1,163.6 682.3 1,117.6 4,485.6 1,633.0 2,852.6 2,727.9 1,642.0 415.8 670.1 1,864.7 260.2 1,604.5 891.8 235.1 656.7 453.2 2,615.6 808.3 1,807.3 Addenda: 31 32 1 Private goods-producing industries Private services-producing industries2 3,694.7 3,736.4 13,628.4 14,362.1 13,401.5 13,520.1 13,704.2 13,887.9 14,057.6 14,315.5 14,485.6 14,589.8 14,808.4 3,437.4 3,673.4 3,362.1 3,394.9 3,445.6 3,546.9 3,597.2 3,662.0 3,704.3 3,730.2 14,988.3 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 – October 29, 2019 Table 5a. Value Added by Industry Group as a Percentage of GDP Line 1 2017 Gross domestic product 2 Private industries 3 Agriculture, forestry, fishing, and hunting 4 Mining 5 Utilities 6 Construction 7 Manufacturing 8 Durable goods 9 Nondurable goods 10 Wholesale trade 11 Retail trade 12 Transportation and warehousing 13 Information 14 Finance, insurance, real estate, rental, and leasing 15 Finance and insurance 16 Real estate and rental and leasing 17 Professional and business services 18 Professional, scientific, and technical services 19 Management of companies and enterprises 20 Administrative and waste management services 21 Educational services, health care, and social assistance 22 Educational services 23 Health care and social assistance 24 Arts, entertainment, recreation, accommodation, and food services 25 Arts, entertainment, and recreation 26 Accommodation and food services 27 Other services, except government 28 Government 29 Federal 30 State and local 2018 2017 II III 100.0 100.0 IV 100.0 I 100.0 2018 II III 100.0 100.0 IV 100.0 2019 I II 100.0 100.0 100.0 100.0 I 100.0 87.4 0.9 1.5 1.6 4.0 11.2 6.3 4.9 6.0 5.6 3.1 5.1 20.9 7.6 13.3 12.4 7.4 1.9 3.1 8.8 1.3 7.5 4.2 1.1 3.1 2.1 12.6 3.9 8.7 87.6 0.8 1.7 1.6 4.1 11.3 6.3 5.0 5.9 5.5 3.2 5.2 20.9 7.6 13.3 12.5 7.5 1.9 3.1 8.7 1.2 7.5 4.2 1.1 3.1 2.1 12.4 3.8 8.5 87.4 0.9 1.4 1.6 4.1 11.1 6.3 4.8 6.0 5.6 3.1 5.1 21.0 7.7 13.3 12.4 7.4 1.9 3.0 8.8 1.3 7.5 4.2 1.1 3.1 2.1 12.6 3.9 8.7 87.4 0.9 1.4 1.6 4.0 11.1 6.3 4.9 6.0 5.6 3.1 5.1 20.9 7.5 13.4 12.4 7.4 1.9 3.1 8.8 1.3 7.5 4.2 1.1 3.1 2.1 12.6 3.9 8.7 87.4 0.9 1.5 1.6 4.0 11.2 6.3 4.9 6.0 5.5 3.1 5.1 21.0 7.6 13.3 12.5 7.5 1.9 3.1 8.7 1.3 7.5 4.2 1.1 3.1 2.1 12.6 3.9 8.6 87.5 0.9 1.6 1.6 4.1 11.3 6.3 5.0 6.0 5.5 3.1 5.1 20.9 7.6 13.3 12.5 7.4 1.9 3.1 8.7 1.2 7.4 4.2 1.1 3.1 2.1 12.5 3.9 8.6 87.6 0.8 1.6 1.6 4.1 11.3 6.3 5.0 5.9 5.5 3.2 5.1 20.9 7.6 13.3 12.5 7.5 1.9 3.1 8.7 1.2 7.5 4.2 1.1 3.1 2.1 12.4 3.9 8.6 87.7 0.8 1.7 1.6 4.1 11.3 6.3 5.0 5.9 5.5 3.2 5.2 20.9 7.6 13.3 12.5 7.5 1.9 3.1 8.7 1.2 7.5 4.2 1.1 3.1 2.1 12.3 3.8 8.5 87.7 0.8 1.7 1.6 4.1 11.3 6.3 5.0 5.9 5.5 3.2 5.2 21.0 7.7 13.3 12.5 7.5 1.9 3.1 8.7 1.2 7.4 4.2 1.1 3.1 2.1 12.3 3.8 8.5 87.7 0.8 1.7 1.6 4.1 11.3 6.3 5.0 6.0 5.4 3.2 5.2 20.8 7.5 13.3 12.5 7.5 1.9 3.1 8.7 1.2 7.5 4.2 1.1 3.1 2.1 12.3 3.8 8.5 87.7 0.8 1.5 1.6 4.1 11.1 6.3 4.7 6.0 5.5 3.2 5.2 20.9 7.6 13.3 12.7 7.6 1.9 3.1 8.8 1.2 7.5 4.2 1.1 3.1 2.1 12.3 3.8 8.5 87.7 0.8 1.6 1.6 4.1 11.0 6.3 4.7 5.9 5.5 3.2 5.2 21.0 7.7 13.4 12.8 7.7 1.9 3.1 8.7 1.2 7.5 4.2 1.1 3.1 2.1 12.3 3.8 8.5 17.6 69.8 17.8 69.8 17.5 69.8 17.5 69.8 17.6 69.9 17.8 69.7 17.8 69.7 17.9 69.8 17.9 69.8 17.8 69.8 17.5 70.2 17.5 70.2 Addenda: 31 32 1 Private goods-producing industries 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. Note. Detail may not add to total due to rounding. Source: U.S. Bureau of Economic Analysis – 11 – October 29, 2019 Table 6. Real Gross Output by Industry Group: Percent Change from Preceding Period Line 2017 2018 2017 I 1 All industries 2 Private industries 3 Agriculture, forestry, fishing, and hunting 4 Mining 5 Utilities 6 Construction 7 Manufacturing 8 Durable goods 9 Nondurable goods 10 Wholesale trade 11 Retail trade 12 Transportation and warehousing 13 Information 14 Finance, insurance, real estate, rental, and leasing 15 Finance and insurance 16 Real estate and rental and leasing 17 Professional and business services 18 Professional, scientific, and technical services 19 Management of companies and enterprises 20 Administrative and waste management services 21 Educational services, health care, and social assistance 22 Educational services 23 Health care and social assistance 24 Arts, entertainment, recreation, accommodation, and food services 25 Arts, entertainment, and recreation 26 Accommodation and food services 27 Other services, except government 28 Government 29 Federal 30 State and local II Seasonally adjusted at annual rates 2018 III IV I II III 2.1 4.8 2.2 3.4 3.2 2.5 2.9 2.9 1.7 2.8 1.9 12.0 -2.4 1.6 1.0 2.5 -0.6 4.1 3.7 2.6 3.5 2.9 3.6 2.3 4.9 4.5 6.3 4.8 2.4 0.9 2.6 2.8 5.1 2.1 0.6 0.7 -0.1 1.1 3.1 -0.5 12.7 0.5 -0.4 2.3 4.0 0.6 3.3 3.3 2.8 7.2 1.9 1.2 2.4 5.5 5.4 5.6 5.9 2.6 -1.2 3.2 3.4 4.0 3.2 4.1 1.4 2.3 1.0 3.3 2.2 28.4 -17.4 3.2 1.3 3.6 -1.1 8.0 2.7 0.1 4.4 4.7 9.3 1.4 5.5 4.5 8.4 6.0 2.3 1.9 2.4 2.7 -1.6 4.1 -3.4 -0.6 -3.1 0.5 1.7 -1.6 11.4 24.6 -1.3 -0.3 1.0 -1.6 -1.9 3.0 4.8 2.2 2.5 4.8 0.9 3.5 2.2 7.2 4.1 -0.2 1.5 -0.5 1.0 6.3 -0.7 -0.6 1.2 1.7 1.0 2.3 -0.3 2.4 -8.0 -4.1 1.4 3.9 -1.1 3.4 5.7 -0.1 7.3 2.1 1.4 2.6 3.4 3.7 6.1 1.2 3.7 1.3 4.1 2.3 10.7 -0.3 2.3 0.7 -0.1 1.1 5.2 0.2 21.5 5.6 2.8 5.0 6.6 3.3 10.4 6.4 0.7 4.8 3.1 3.1 3.1 10.2 8.9 19.6 7.6 3.4 -2.9 4.4 0.7 -9.1 4.0 6.8 1.8 3.7 1.0 2.3 -4.2 5.3 -7.3 0.1 1.5 3.5 -0.5 0.9 3.4 4.6 10.2 2.1 0.8 3.1 3.8 5.0 -1.9 4.8 0.7 -4.2 1.4 2.1 3.6 1.6 1.0 1.1 2.4 0.6 3.5 4.2 24.8 10.3 -0.5 0.4 0.2 0.5 2.8 0.8 4.8 8.7 1.1 -1.3 3.0 6.1 7.3 2.1 5.9 3.6 -1.7 4.4 10.3 14.9 8.9 8.5 2.2 3.5 1.6 1.7 3.1 2.3 3.4 3.0 3.5 0.1 2.3 0.3 3.0 5.2 5.2 1.2 2.7 1.9 4.1 2019 IV I II 1.4 1.8 2.0 3.4 -1.9 11.8 -6.2 0.7 5.6 9.7 1.6 2.2 2.8 1.4 7.1 -0.1 -0.5 0.3 6.0 2.7 10.0 11.0 5.1 4.6 5.1 4.1 2.6 4.5 5.5 1.3 2.1 1.0 1.5 2.1 7.8 -0.4 -5.4 1.5 2.4 0.5 1.4 -1.6 3.2 3.5 2.4 4.6 0.8 2.8 2.4 -2.6 6.9 1.0 -0.9 1.3 -0.3 3.3 -1.4 2.0 0.4 0.0 0.5 1.9 0.4 3.6 -7.5 5.4 1.7 3.0 0.4 1.1 2.8 -5.6 3.8 4.4 5.6 3.5 0.6 0.2 15.0 -5.8 2.9 1.4 3.1 -1.3 3.2 -2.7 -2.7 1.0 0.0 1.5 1.7 3.5 1.7 2.9 -3.2 -1.5 -3.8 1.0 -5.4 4.7 -1.6 6.4 3.7 3.3 3.9 4.8 6.5 7.6 -0.3 3.8 -0.2 4.3 3.3 2.0 3.7 -1.7 4.4 9.3 2.3 4.8 2.9 0.7 1.8 2.5 1.7 -1.4 2.9 Addenda: 31 32 1 Private goods-producing industries 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 – October 29, 2019 Table 7. Chain-Type Price Indexes for Gross Output by Industry Group: Percent Change from Preceding Period Line 2017 2017 2018 I 1 All industries 2 Private industries 3 Agriculture, forestry, fishing, and hunting 4 Mining 5 Utilities 6 Construction 7 Manufacturing 8 Durable goods 9 Nondurable goods 10 Wholesale trade 11 Retail trade 12 Transportation and warehousing 13 Information 14 Finance, insurance, real estate, rental, and leasing 15 Finance and insurance 16 Real estate and rental and leasing 17 Professional and business services 18 Professional, scientific, and technical services 19 Management of companies and enterprises 20 Administrative and waste management services 21 Educational services, health care, and social assistance 22 Educational services 23 Health care and social assistance 24 Arts, entertainment, recreation, accommodation, and food services 25 Arts, entertainment, and recreation 26 Accommodation and food services 27 Other services, except government 28 Government 29 Federal 30 State and local II Seasonally adjusted at annual rates 2018 III IV I II III 1.8 4.1 4.1 3.2 2.2 2.5 3.1 3.4 1.2 2.4 2.7 16.0 4.4 3.4 3.8 1.8 6.0 1.3 0.3 2.3 -0.6 2.8 2.9 2.7 1.3 1.5 0.0 1.6 1.9 2.5 1.8 2.1 1.7 2.3 2.3 2.5 2.1 2.7 3.0 0.3 11.5 4.3 4.4 4.4 2.6 6.4 2.4 1.2 4.3 0.0 3.8 5.3 2.7 1.3 1.5 -0.1 1.7 1.9 2.3 1.8 2.5 2.1 2.6 2.4 3.5 3.3 3.5 3.4 23.9 23.7 9.0 3.2 6.9 2.4 11.7 1.4 2.7 3.4 -1.7 1.1 -0.7 2.5 2.3 2.9 0.4 1.9 1.8 3.0 1.6 3.2 6.2 2.3 3.1 3.4 2.5 3.7 1.1 2.0 -7.8 1.0 3.2 0.6 2.0 -0.9 2.5 -1.4 1.2 -0.8 2.4 2.2 2.5 0.4 0.4 0.0 0.6 1.6 1.9 1.6 2.0 -1.0 3.0 1.7 1.6 2.0 1.4 1.8 -2.5 -2.2 0.8 4.1 2.7 1.7 3.7 2.1 -1.3 2.8 -1.8 3.0 3.4 2.8 1.2 1.5 -0.5 1.7 1.4 1.5 1.3 1.9 0.9 2.2 2.0 2.5 2.0 2.7 4.1 4.5 31.1 3.1 2.2 7.0 1.7 12.8 3.0 2.3 5.8 0.8 5.3 8.0 3.2 0.7 0.9 -1.5 1.5 2.0 2.8 1.8 1.8 0.6 2.1 2.2 4.4 3.5 4.8 4.1 1.7 22.4 15.1 5.2 6.9 3.0 11.1 1.0 0.0 4.1 -0.2 4.5 7.0 2.7 2.5 2.5 2.3 2.6 1.8 2.4 1.7 4.6 3.6 4.9 2.8 4.2 4.5 4.1 3.2 -0.2 5.4 -5.4 6.6 4.7 4.5 4.9 4.7 4.5 5.7 0.9 3.3 5.4 1.7 1.4 1.9 -1.3 1.8 2.4 2.7 2.3 0.8 2.8 0.2 2.3 3.2 3.3 3.1 4.3 1.8 4.6 2.4 7.9 1.8 0.6 1.3 2.4 1.5 7.3 2.9 7.2 2.9 4.8 2.6 2019 IV I II 1.5 -0.3 2.1 2.1 -6.9 10.1 3.3 3.6 1.7 2.2 1.3 1.4 -0.2 3.5 0.4 3.8 3.8 3.7 0.7 0.8 0.0 0.9 1.5 2.0 1.4 3.1 3.3 3.0 2.8 3.2 2.6 3.4 1.4 2.6 -9.4 9.1 4.1 -0.5 1.1 -2.2 2.0 3.1 4.3 -0.5 1.8 1.1 2.3 0.7 0.6 -0.3 1.5 2.4 2.0 2.5 2.3 1.8 2.5 2.8 3.0 3.0 2.9 -0.5 -4.2 -27.5 -1.6 2.7 -3.4 1.4 -8.3 3.9 -0.6 0.1 1.3 -0.6 -4.8 2.8 1.6 1.9 -1.8 2.9 1.4 2.2 1.2 3.3 1.5 3.9 3.2 1.5 5.0 -0.1 2.2 0.8 -8.2 -11.2 3.9 2.1 -0.4 4.8 5.8 2.0 3.5 1.8 3.2 4.5 2.3 1.2 1.1 -0.1 2.1 1.8 2.4 1.8 2.8 3.0 2.7 3.3 1.1 -2.2 2.6 2.2 2.1 -0.2 2.0 -4.3 0.9 1.6 2.4 Addenda: 31 32 1 Private goods-producing industries 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 – 13 – October 29, 2019 Table 8. Gross Output by Industry Group Line 2017 2018 2017 I 1 All industries 2 Private industries 3 Agriculture, forestry, fishing, and hunting 4 Mining 5 Utilities 6 Construction 7 Manufacturing 8 Durable goods 9 Nondurable goods 10 Wholesale trade 11 Retail trade 12 Transportation and warehousing 13 Information 14 Finance, insurance, real estate, rental, and leasing 15 Finance and insurance 16 Real estate and rental and leasing 17 Professional and business services 18 Professional, scientific, and technical services 19 Management of companies and enterprises 20 Administrative and waste management services 21 Educational services, health care, and social assistance 22 Educational services 23 Health care and social assistance 24 Arts, entertainment, recreation, accommodation, and food services 25 Arts, entertainment, and recreation 26 Accommodation and food services 27 Other services, except government 28 Government 29 Federal 30 State and local II III Billions of dollars Seasonally adjusted at annual rates 2018 IV I II III 2019 IV I II 34,495.4 36,593.3 33,958.5 34,196.3 34,530.4 35,296.6 35,843.6 36,427.9 36,917.2 37,184.6 37,324.0 37,700.6 30,717.5 32,631.1 30,229.6 30,441.3 30,745.4 31,453.6 31,950.3 32,482.8 32,928.3 33,163.0 33,277.6 33,599.3 447.6 446.6 447.7 448.0 444.8 450.0 447.1 451.5 441.4 446.6 442.2 446.9 496.6 623.8 479.3 482.4 482.5 542.0 577.5 618.5 651.5 647.7 603.0 592.8 486.3 509.3 467.6 495.2 485.9 496.4 504.6 510.0 506.0 516.6 504.6 493.4 1,547.3 1,608.4 1,537.3 1,544.4 1,543.9 1,563.4 1,583.7 1,607.5 1,624.3 1,618.1 1,650.5 1,652.8 5,818.9 6,217.0 5,743.8 5,748.0 5,806.4 5,977.3 6,100.4 6,175.8 6,288.0 6,303.9 6,276.3 6,284.8 2,969.3 3,168.3 2,917.4 2,939.4 2,979.9 3,040.6 3,089.4 3,124.9 3,215.3 3,243.8 3,279.2 3,244.6 2,849.6 3,048.7 2,826.4 2,808.6 2,826.5 2,936.7 3,011.0 3,050.9 3,072.7 3,060.1 2,997.1 3,040.1 1,929.7 2,040.8 1,899.0 1,901.8 1,927.7 1,990.2 1,999.6 2,036.8 2,054.7 2,072.2 2,097.8 2,098.0 1,782.2 1,862.8 1,758.1 1,764.8 1,783.7 1,822.0 1,837.2 1,860.9 1,873.1 1,880.0 1,890.1 1,921.4 1,180.5 1,266.1 1,159.0 1,176.1 1,184.1 1,202.9 1,228.7 1,260.5 1,275.8 1,299.5 1,281.1 1,286.8 1,710.0 1,833.5 1,688.5 1,694.4 1,716.7 1,740.6 1,782.5 1,823.8 1,856.9 1,870.7 1,894.4 1,932.6 6,590.8 6,972.4 6,455.6 6,534.6 6,618.1 6,755.0 6,866.1 6,940.6 7,004.5 7,078.3 7,145.4 7,267.5 2,840.5 3,029.1 2,768.2 2,816.1 2,849.8 2,927.8 2,983.9 3,013.3 3,038.1 3,081.0 3,085.2 3,144.8 3,750.4 3,943.3 3,687.4 3,718.6 3,768.3 3,827.2 3,882.1 3,927.3 3,966.4 3,997.3 4,060.2 4,122.7 3,842.5 4,109.1 3,768.2 3,804.4 3,848.1 3,949.4 4,011.2 4,084.9 4,151.9 4,188.3 4,211.8 4,274.4 2,221.8 2,375.9 2,183.7 2,197.9 2,226.1 2,279.5 2,321.7 2,374.1 2,394.9 2,413.1 2,425.5 2,471.1 602.4 635.7 584.4 594.7 602.8 627.9 628.5 629.6 644.7 640.0 659.7 671.8 1,018.3 1,097.4 1,000.2 1,011.8 1,019.2 1,042.0 1,061.0 1,081.2 1,112.3 1,135.2 1,126.5 1,131.6 2,768.3 2,893.4 2,734.8 2,744.2 2,778.5 2,815.6 2,832.6 2,874.5 2,921.0 2,945.4 2,976.3 3,017.6 365.6 369.6 362.2 365.2 367.7 367.5 365.7 366.5 372.5 373.5 376.8 378.9 2,402.6 2,523.8 2,372.6 2,379.0 2,410.8 2,448.1 2,466.9 2,508.0 2,548.4 2,571.9 2,599.5 2,638.7 1,423.4 1,508.2 1,405.9 1,416.5 1,431.2 1,439.8 1,463.4 1,502.8 1,529.3 1,537.1 1,544.6 1,568.0 341.5 362.5 335.4 339.7 349.2 341.6 347.7 362.4 367.7 372.4 376.8 381.6 1,081.9 1,145.6 1,070.6 1,076.8 1,082.0 1,098.2 1,115.8 1,140.5 1,161.6 1,164.7 1,167.8 1,186.4 693.6 739.7 684.8 686.6 693.8 709.1 715.7 734.6 749.7 758.7 759.4 762.3 3,777.9 3,962.2 3,729.0 3,755.0 3,784.9 3,842.9 3,893.3 3,945.1 3,988.9 4,021.6 4,046.5 4,101.3 1,137.0 1,201.1 1,121.4 1,131.8 1,137.1 1,157.5 1,177.1 1,196.9 1,210.8 1,219.7 1,234.7 1,255.5 2,641.0 2,761.1 2,607.6 2,623.2 2,647.8 2,685.4 2,716.2 2,748.2 2,778.1 2,801.9 2,811.8 2,845.8 Addenda: 31 32 Private goods-producing industries 1 Private services-producing industries 2 8,310.3 8,895.9 8,208.1 8,222.8 8,277.6 8,532.7 8,708.7 8,853.3 9,005.2 9,016.3 8,972.0 8,977.3 22,407.2 23,735.2 22,021.5 22,218.5 22,467.8 22,920.9 23,241.5 23,629.5 23,923.1 24,146.7 24,305.5 24,622.0 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 – 14 –
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