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Friday, January 19, 2018 Contact: Jeannine Aversa, (301) 278-9003 Gross Domestic Product by Industry: Third Quarter 2017 Finance and Insurance Led Growth in the Third Quarter Finance and insurance; durable goods manufacturing; and information services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2017. Overall, 18 of 22 industry groups contributed to the 3.2 percent increase in real GDP in the third quarter. Percent Change Real GDP and Real Value Added by Sector 5 4 3 2 1 0 -1 2016:Q3 2016:Q4 GDP Private Goods 2017:Q1 2017:Q2 Private Services U.S. Bureau of Economic Analysis 2017:Q3 Government Seasonally adjusted annual rates Finance and insurance increased 14.7 percent in the third quarter, after decreasing 6.6 percent in the second quarter. Durable goods manufacturing increased 7.5 percent, after increasing 2.9 percent. Information services increased 9.0 percent, after increasing 7.0 percent. Percent Change Real Value Added by Industry Durable goods 15 Nondurable goods 10 Retail trade 5 Information 0 Finance and insurance -5 -10 Professional, scientific, and technical services 2017:Q2 U.S. Bureau of Economic Analysis 2017:Q3 Seasonally adjusted annual rates 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.