View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, THURSDAY, FEBRUARY 21, 2019
Technical:
Media:

Thomas Howells
Edward Morgan
Jeannine Aversa

(301) 278‐9586
(301) 278‐9541
(301) 278‐9003

BEA 19‐03

IndustryEconomicAccounts@bea.gov
Jeannine.Aversa@bea.gov

Gross Domestic Product by Industry: Third Quarter 2018
Wholesale trade; information; and finance and insurance were the leading contributors to the increase
in U.S. economic growth in the third quarter of 2018. According to gross domestic product (GDP) by
industry statistics released by the Bureau of Economic Analysis, 19 of 22 industry groups contributed to
the overall 3.4 percent increase in real GDP in the third quarter.

Real GDP and Real Value Added by Sector
Percent Change

6
5
4
3
2
1
0
‐1
2017:Q3

GDP

2017:Q4

Private Goods

U.S. Bureau of Economic Analysis





2018:Q1

Private Services

2018:Q2

2018:Q3

Government
Seasonally adjusted annual rates

For the wholesale trade industry group, real value added—a measure of an industry’s contribution to
GDP—increased 7.4 percent in the third quarter, after increasing 2.6 percent in the second quarter.
Information services increased 7.6 percent, after increasing 13.4 percent. The third quarter growth
reflected increases to publishing industries; data processing, internet publishing, and other information
services; and broadcasting and telecommunications.
Finance and insurance increased 5.5 percent, after decreasing 2.0 percent. The third quarter growth
primarily reflected an increase in Federal Reserve banks, credit intermediation, and related activities.

Real Value Added by Industry
Percent Change

Utilities

20

Wholesale trade

15

Information

10
Finance and insurance

5
Real estate and rental
and leasing

0

Professional, scientific,
and technical services

‐5
2018:Q2

2018:Q3

U.S. Bureau of Economic Analysis

Seasonally adjusted annual rates

Other highlights






Real GDP growth slowed to 3.4 percent in the third quarter, from 4.2 percent in the second quarter. Real
estate and rental and leasing was the leading contributor to the deceleration in real GDP growth in the
third quarter. Real value added for the industry group increased 1.4 percent, after increasing 5.3 percent
in the second quarter.
Professional, scientific, and technical services increased 4.2 percent, after increasing 9.3 percent, and
was the second leading contributor to the slowdown. The deceleration was primarily attributed to a
slowdown in miscellaneous professional, scientific, and technical services, which includes industries like
advertising, research and development, and engineering services.
Utilities decreased 4.8 percent, after increasing 19.1 percent. This industry includes electric power
generation, transmission, and distribution; natural gas distribution; and water, sewage, and other
systems.

-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 3.9 percent in the third quarter. This reflected an increase of 6.4 percent for the private
goods‐producing sector, 3.4 percent for the private services‐producing sector, and 1.7 percent for the
government sector. Overall, 20 of 22 industry groups contributed to the increase in real gross output.

Real Gross Output by Industry
Percent Change

Utilities

15

Wholesale trade

10

Information

5

Finance and insurance

0
Real estate and rental
and leasing

‐5

Professional, scientific,
and technical services

‐10
2018:Q2

2018:Q3

U.S. Bureau of Economic Analysis





Seasonally adjusted annual rates

Real gross output for real estate and rental and leasing increased 1.5 percent in the third quarter, after
increasing 2.9 percent in the second quarter. The third quarter increase was primarily attributed to
housing.
Professional, scientific, and technical services increased 2.4 percent, after increasing 7.9 percent. The
third quarter increase was primarily attributed to computer systems design and related services.
Wholesale trade increased 4.0 percent, after increasing 7.1 percent.

*

*

*

Next release – April 19, 2019 at 8:30 A.M. EDT for:
Gross Domestic Product by Industry: Fourth Quarter 2018 and Annual 2018

-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
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

-4-

February 21, 2019

Table 1. Real Value Added by Industry Group: Percent Change from Preceding Period

Line

2016

2017

2016
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
2017
I
II
III
IV
IV
1.8
1.8
3.0
2.8
2.3

1.6

2.2

1.5

2.3

1.9

1.6
4.3
-4.8
5.0
3.4
-1.2
-0.5
-2.1
-1.1
3.8
1.2
10.5
1.1
0.1
1.7
1.8
2.3
1.0
1.1
2.4
1.3
2.6
0.6
2.2
0.0
-0.7
1.0
0.8
1.1

2.1
-4.8
1.5
-1.0
0.8
2.4
3.2
1.5
2.1
4.0
4.0
7.1
0.1
-1.6
1.0
4.2
3.4
6.5
4.8
1.7
-2.1
2.3
1.8
3.6
1.2
0.5
0.7
0.3
0.9

1.9
8.6
26.2
10.5
7.9
2.0
-1.0
6.0
-8.5
7.5
-6.8
9.2
-0.2
-3.1
1.5
1.2
3.3
-1.1
-2.5
5.1
3.3
5.4
-1.1
2.9
-2.4
-0.6
1.1
1.0
1.2

2.6
5.9
-39.5
4.0
-0.8
0.3
0.9
-0.5
3.7
1.7
9.9
8.5
5.8
9.0
4.1
2.0
2.3
0.4
2.3
2.4
0.0
2.8
0.2
2.7
-0.7
-0.1
1.0
1.4
0.8

1.6
-0.9
-11.6
4.3
1.7
-0.7
2.4
-4.6
5.6
3.4
1.0
8.3
1.7
6.0
-0.7
1.2
-0.1
3.8
2.8
-1.3
-2.2
-1.1
2.1
3.9
1.5
0.5
2.1
1.2
2.5

1.6
-4.9
-5.8
-2.5
1.3
-3.0
-0.6
-6.2
-1.0
4.9
5.8
3.7
0.6
2.8
-0.6
5.0
4.9
6.2
4.6
4.0
2.0
4.3
4.2
9.7
2.2
-0.2
0.7
0.2
0.9

1.7
-4.8
4.3
-10.3
1.5
7.8
3.5
13.8
1.7
1.4
4.0
3.2
-1.2
-6.1
1.8
4.2
1.9
7.1
7.8
0.9
-9.9
2.8
-1.0
-7.4
1.5
-1.7
1.1
0.6
1.3

3.1
-7.8
30.8
9.4
-2.8
3.5
4.6
2.1
2.8
6.2
4.1
12.1
-2.1
-8.8
2.0
5.8
6.3
5.7
4.8
2.5
-0.2
2.9
4.1
10.7
1.8
2.5
-0.1
-0.7
0.2

2.9
-9.1
14.1
-6.3
1.0
0.9
6.1
-5.4
1.7
7.9
3.7
11.1
1.5
3.6
0.3
4.8
3.7
10.8
3.7
1.3
3.2
1.0
2.7
11.8
-0.5
3.3
0.3
0.1
0.3

-0.2
2.1

1.6
2.3

5.1
1.1

-2.8
4.0

-1.0
2.2

-2.4
2.6

5.3
0.8

3.2
3.0

1.3
3.3

2.2

2018
II
4.2

2.3
-4.9
-5.0
8.4
6.7
6.8
6.9
6.7
3.9
1.2
-0.2
7.2
-1.7
-7.7
1.8
4.4
3.5
10.5
2.7
1.9
1.0
2.0
-0.9
-3.5
0.1
1.1
0.0
-0.6
0.2

2.3
-8.2
-18.0
-7.2
4.0
7.9
4.7
12.1
0.8
7.6
6.4
4.3
-0.3
-5.5
2.7
3.5
6.0
-1.7
0.9
4.4
3.0
4.6
-3.3
-5.1
-2.7
0.0
-0.9
-1.5
-0.6

4.4
8.5
11.7
19.1
2.6
2.3
7.3
-3.7
2.6
-1.0
-0.2
13.4
2.6
-2.0
5.3
7.8
9.3
4.8
6.0
3.9
-0.5
4.7
6.7
9.5
5.7
4.2
0.6
-0.2
0.9

3.5
-8.7
0.0
-4.8
2.9
2.7
1.9
3.7
7.4
6.3
2.5
7.6
2.9
5.5
1.4
4.8
4.2
4.5
6.3
2.8
2.1
2.9
2.3
3.2
1.9
-1.0
1.0
1.6
0.7

5.2
1.6

3.8
2.0

3.4
4.7

2.0
3.9

I

III
3.4

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

-5-

February 21, 2019

Table 2. Contributions to Percent Change in Real GDP by Industry Group
Line

2016

2017

2016
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
2017
IV
I
II
III
IV

II

III

2018
II

I

III

1.6

2.2

1.5

2.3

1.9

1.8

1.8

3.0

2.8

2.3

2.2

4.2

3.4

1.42
0.04
-0.06
0.08
0.13
-0.14
-0.03
-0.10
-0.07
0.21
0.04
0.52
0.23
0.01
0.22
0.22
0.17
0.02
0.03
0.21
0.02
0.19
0.02
0.02
0.00
-0.01
0.13
0.03
0.10

1.88
-0.04
0.02
-0.02
0.03
0.27
0.20
0.07
0.13
0.22
0.12
0.37
0.02
-0.12
0.14
0.52
0.25
0.12
0.15
0.15
-0.03
0.17
0.08
0.04
0.04
0.01
0.09
0.01
0.08

1.63
0.08
0.28
0.16
0.30
0.21
-0.06
0.27
-0.55
0.41
-0.22
0.47
-0.04
-0.24
0.20
0.14
0.24
-0.02
-0.08
0.43
0.04
0.39
-0.04
0.03
-0.07
-0.01
0.15
0.04
0.10

2.28
0.06
-0.56
0.06
-0.03
0.02
0.06
-0.03
0.23
0.10
0.30
0.44
1.20
0.65
0.55
0.25
0.17
0.01
0.07
0.21
0.00
0.21
0.01
0.03
-0.02
0.00
0.13
0.06
0.07

1.38
-0.01
-0.15
0.07
0.07
-0.08
0.15
-0.23
0.33
0.19
0.03
0.43
0.36
0.45
-0.09
0.15
-0.01
0.07
0.08
-0.11
-0.03
-0.08
0.09
0.04
0.05
0.01
0.27
0.05
0.22

1.37
-0.04
-0.09
-0.04
0.05
-0.33
-0.04
-0.30
-0.06
0.27
0.17
0.20
0.13
0.22
-0.08
0.60
0.35
0.11
0.14
0.34
0.03
0.32
0.17
0.10
0.07
-0.01
0.09
0.01
0.08

1.45
-0.04
0.03
-0.17
0.06
0.84
0.21
0.63
0.10
0.08
0.12
0.17
-0.24
-0.48
0.24
0.51
0.14
0.13
0.23
0.08
-0.13
0.21
-0.04
-0.08
0.04
-0.04
0.14
0.02
0.11

2.66
-0.07
0.34
0.14
-0.11
0.39
0.28
0.10
0.17
0.34
0.13
0.61
-0.43
-0.69
0.27
0.71
0.46
0.11
0.15
0.22
0.00
0.22
0.17
0.11
0.05
0.05
-0.01
-0.03
0.01

2.54
-0.08
0.17
-0.10
0.04
0.10
0.38
-0.28
0.10
0.43
0.12
0.57
0.31
0.27
0.04
0.59
0.28
0.20
0.11
0.11
0.04
0.07
0.11
0.12
-0.01
0.07
0.03
0.00
0.03

2.02
-0.04
-0.08
0.13
0.26
0.74
0.43
0.32
0.24
0.07
-0.01
0.38
-0.36
-0.60
0.24
0.54
0.26
0.19
0.08
0.16
0.01
0.15
-0.04
-0.04
0.00
0.02
0.00
-0.02
0.02

2.03
-0.07
-0.30
-0.12
0.16
0.88
0.29
0.58
0.05
0.41
0.20
0.23
-0.07
-0.43
0.36
0.43
0.44
-0.03
0.03
0.37
0.04
0.34
-0.14
-0.06
-0.08
0.00
-0.11
-0.06
-0.06

3.89
0.07
0.17
0.28
0.11
0.26
0.45
-0.19
0.16
-0.06
0.00
0.70
0.55
-0.14
0.70
0.96
0.68
0.09
0.18
0.34
-0.01
0.34
0.27
0.10
0.17
0.09
0.07
-0.01
0.08

3.04
-0.07
0.00
-0.08
0.12
0.31
0.12
0.18
0.43
0.34
0.08
0.41
0.59
0.40
0.19
0.59
0.32
0.08
0.19
0.24
0.03
0.22
0.09
0.04
0.06
-0.02
0.12
0.06
0.06

-0.03
1.45

0.28
1.60

0.87
0.76

-0.52
2.79

-0.17
1.55

-0.41
1.78

0.89
0.56

0.55
2.11

0.23
2.31

0.88
1.14

0.67
1.36

0.61
3.28

0.36
2.69

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.
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-

February 21, 2019

Table 3. Chain-Type Price Indexes for Value Added by Industry Group: Percent Change from Preceding Period

Line

2016

2017

2016
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
2017
IV
I
II
III
IV
2.3
2.0
1.2
2.2
2.5

1.1

1.9

-0.2

2.7

1.4

1.1
-12.7
-11.9
-3.6
3.8
-0.6
0.4
-1.9
0.7
-0.8
1.3
-1.3
3.5
5.0
2.7
1.1
0.6
-0.2
3.3
2.4
2.8
2.3
4.0
3.4
4.2
3.1
1.0
0.9
1.1

2.2
7.8
22.4
2.6
4.0
2.0
0.6
3.9
1.1
-0.6
1.3
-1.7
3.2
4.0
2.7
1.3
1.6
-0.5
1.7
2.0
2.7
1.9
2.5
1.5
2.9
3.0
2.0
1.8
2.1

-0.7
-29.2
-55.5
-10.0
2.0
-7.5
-1.0
-15.2
5.9
-4.5
7.3
0.0
3.9
5.2
3.1
0.5
-1.0
0.0
4.3
2.1
2.4
2.1
5.4
5.4
5.4
3.4
0.1
-0.1
0.2

2.9
-3.1
124.9
1.7
6.0
2.2
0.0
5.2
-3.4
0.9
-3.7
-1.0
4.2
9.0
1.6
1.0
0.6
-0.3
2.7
2.6
3.7
2.4
3.9
2.4
4.4
2.8
1.1
0.1
1.6

1.9
-12.2
37.0
7.0
2.6
0.7
-1.1
3.1
-4.0
-1.5
-1.6
-1.0
4.5
8.4
2.3
1.3
1.9
-1.0
1.3
3.1
3.6
3.1
3.4
6.8
2.2
2.2
0.9
1.6
0.6

2.4
-11.6
39.4
-0.2
5.9
3.1
1.9
4.7
2.7
-1.6
1.3
-1.5
3.9
4.7
3.4
1.1
0.7
0.0
2.8
2.6
3.8
2.4
-0.5
-5.2
1.2
3.4
2.0
2.6
1.7

2.3
54.3
31.3
3.1
3.4
-0.6
1.1
-2.9
1.7
2.0
1.5
-1.9
1.1
-1.0
2.3
2.8
3.9
-0.3
2.0
1.6
2.9
1.3
4.2
7.8
2.9
4.4
2.6
2.6
2.5

1.3
6.4
-14.9
3.5
4.3
2.3
0.5
4.6
2.8
-2.4
3.3
-2.2
2.9
3.0
2.8
-0.2
-0.2
-0.6
0.0
1.5
2.0
1.4
2.1
-2.5
3.8
2.3
2.5
1.9
2.8

2.2
-5.1
-5.6
2.2
4.5
6.6
0.4
15.1
2.6
-3.3
1.9
-2.7
3.7
4.3
3.4
1.3
1.5
-0.9
2.0
1.7
1.0
1.8
3.0
0.5
4.0
2.3
2.1
0.7
2.7

-1.2
1.7

4.2
1.7

-11.0
2.1

8.2
1.6

2.6
1.8

5.2
1.8

4.7
1.7

1.5
1.3

4.5
1.6

2.0

2018
II
3.0

3.2
5.1
55.3
0.2
0.1
2.6
-0.4
6.4
1.5
2.6
5.4
-0.4
5.5
10.7
2.6
0.5
0.4
-0.5
1.2
1.3
1.9
1.2
2.4
0.7
3.1
2.1
1.5
-0.1
2.3

2.3
10.9
38.2
10.8
5.6
-2.8
-0.4
-5.9
-0.8
-3.3
1.5
-2.0
4.8
8.3
2.8
2.2
1.8
2.6
2.8
1.7
1.8
1.7
6.1
4.3
6.8
3.5
2.3
0.8
2.9

3.8
0.8
15.3
-11.0
7.2
8.0
0.9
17.6
5.6
7.6
6.7
0.2
3.1
7.3
0.8
1.6
2.3
-1.7
2.0
2.0
2.1
2.0
0.7
2.3
0.2
2.7
1.7
1.1
1.9

1.6
-19.9
16.4
1.9
3.2
1.5
3.6
-1.1
0.2
-2.4
1.9
-0.1
3.8
2.9
4.2
-0.3
-0.3
-1.6
0.5
1.5
3.9
1.1
2.8
3.7
2.5
3.8
2.6
0.9
3.4

5.6
2.6

2.7
2.2

8.1
2.7

2.1
1.4

I

III
1.8

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

-7-

February 21, 2019

Table 4. Contributions to Percent Change in the GDP Price Index by Industry Group
Line

2016

2017

2016
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
2017
IV
I
II
III
IV

II

III

2018
II

I

III

1.1

1.9

-0.2

2.7

1.4

2.3

2.0

1.2

2.2

2.5

2.0

3.0

1.8

0.98
-0.13
-0.16
-0.06
0.15
-0.07
0.03
-0.10
0.04
-0.05
0.04
-0.07
0.72
0.37
0.35
0.14
0.04
0.00
0.10
0.20
0.04
0.17
0.16
0.04
0.12
0.07
0.13
0.03
0.09

1.89
0.07
0.26
0.04
0.16
0.23
0.04
0.19
0.07
-0.04
0.04
-0.09
0.66
0.30
0.36
0.16
0.12
-0.01
0.05
0.17
0.03
0.14
0.10
0.02
0.09
0.06
0.26
0.07
0.19

-0.57
-0.33
-0.92
-0.17
0.08
-0.86
-0.06
-0.79
0.35
-0.26
0.22
0.00
0.79
0.38
0.41
0.05
-0.07
0.00
0.13
0.18
0.03
0.15
0.22
0.06
0.16
0.07
0.01
0.00
0.01

2.51
-0.03
0.92
0.03
0.23
0.27
0.00
0.26
-0.21
0.05
-0.12
-0.06
0.86
0.65
0.21
0.12
0.05
-0.01
0.08
0.23
0.05
0.18
0.16
0.03
0.13
0.06
0.15
0.00
0.14

1.67
-0.12
0.38
0.11
0.10
0.09
-0.07
0.15
-0.25
-0.08
-0.05
-0.06
0.94
0.63
0.31
0.16
0.14
-0.02
0.04
0.27
0.05
0.23
0.14
0.07
0.07
0.05
0.11
0.06
0.05

2.13
-0.10
0.41
0.00
0.23
0.33
0.12
0.21
0.16
-0.09
0.04
-0.08
0.81
0.37
0.45
0.14
0.05
0.00
0.09
0.23
0.05
0.18
-0.02
-0.06
0.04
0.07
0.25
0.10
0.15

1.98
0.38
0.36
0.05
0.13
-0.08
0.07
-0.15
0.10
0.11
0.04
-0.10
0.24
-0.07
0.31
0.34
0.29
0.00
0.06
0.14
0.04
0.10
0.17
0.08
0.09
0.09
0.32
0.10
0.22

1.17
0.06
-0.21
0.05
0.17
0.25
0.04
0.22
0.17
-0.14
0.10
-0.12
0.59
0.23
0.37
-0.03
-0.01
-0.01
0.00
0.13
0.03
0.10
0.09
-0.03
0.11
0.05
0.32
0.07
0.24

1.93
-0.05
-0.08
0.03
0.18
0.72
0.03
0.70
0.15
-0.19
0.06
-0.15
0.76
0.32
0.44
0.16
0.11
-0.02
0.06
0.15
0.01
0.13
0.12
0.01
0.12
0.05
0.26
0.03
0.23

2.80
0.04
0.63
0.00
0.01
0.30
-0.02
0.32
0.09
0.15
0.17
-0.02
1.12
0.77
0.35
0.06
0.03
-0.01
0.04
0.11
0.02
0.09
0.10
0.01
0.09
0.05
0.19
0.00
0.20

2.04
0.09
0.49
0.16
0.22
-0.33
-0.02
-0.31
-0.05
-0.19
0.05
-0.11
0.97
0.60
0.37
0.27
0.13
0.05
0.09
0.15
0.02
0.12
0.25
0.05
0.20
0.07
0.28
0.03
0.25

3.30
0.01
0.22
-0.18
0.29
0.89
0.06
0.83
0.33
0.41
0.21
0.01
0.64
0.53
0.11
0.20
0.17
-0.03
0.06
0.18
0.03
0.15
0.03
0.03
0.01
0.06
0.21
0.04
0.16

1.38
-0.18
0.24
0.03
0.13
0.17
0.22
-0.05
0.01
-0.14
0.06
-0.01
0.77
0.22
0.55
-0.04
-0.03
-0.03
0.02
0.13
0.05
0.08
0.11
0.04
0.07
0.08
0.32
0.03
0.29

-0.22
1.20

0.71
1.18

-2.02
1.45

1.39
1.12

0.45
1.23

0.87
1.26

0.79
1.19

0.26
0.90

0.78
1.15

0.97
1.83

0.47
1.57

1.41
1.89

0.37
1.01

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.
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-

February 21, 2019

Table 5. Value Added by Industry Group

Line

2016

2017

2016
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
2017
IV
I
II
III
IV

I

2018
II

III

18,707.2 19,485.4 18,409.1 18,640.7 18,799.6 18,979.2 19,162.6 19,359.1 19,588.1 19,831.8 20,041.0 20,411.9 20,658.2
16,319.4 17,031.7 16,043.6 16,262.6 16,403.8 16,567.4 16,729.0 16,911.2 17,126.0 17,360.6 17,561.6 17,918.6 18,142.6
164.9
169.2
168.7
169.8
164.0
157.1
172.9
172.2
165.9
165.9
166.6
170.4
157.6
216.2
268.6
195.1
211.3
221.7
236.8
255.1
261.3
265.6
292.5
301.8
321.5
333.9
302.7
307.5
296.0
300.1
308.4
306.4
300.5
309.9
306.6
313.0
315.3
319.8
317.4
745.5
781.4
731.3
740.6
748.5
761.7
770.9
773.6
784.0
797.1
816.1
835.7
848.5
2,085.2 2,179.6 2,075.4 2,088.5 2,088.6 2,088.2 2,124.2 2,154.8 2,194.4 2,245.0 2,271.9 2,329.0 2,353.0
1,182.0 1,226.6 1,177.3 1,180.0 1,183.6 1,187.3 1,200.5 1,215.7 1,235.3 1,255.0 1,268.4 1,293.8 1,311.3
903.1
953.0
898.0
908.6
905.0
901.0
923.7
939.1
959.2
990.0 1,003.5 1,035.2 1,041.8
1,136.6 1,174.1 1,132.8 1,133.6 1,137.6 1,142.3 1,151.8 1,168.0 1,180.4 1,196.3 1,196.4 1,220.6 1,243.1
1,052.0 1,087.1 1,042.4 1,049.1 1,053.9 1,062.4 1,071.5 1,081.2 1,092.7 1,103.1 1,113.9 1,131.6 1,141.9
577.4
608.7
569.4
577.5
576.5
586.5
594.4
605.3
613.7
621.5
633.6
643.6
650.6
998.1 1,050.8
974.9
992.4 1,009.8 1,015.1 1,018.4 1,042.1 1,062.5 1,080.0 1,085.9 1,121.2 1,141.5
3,929.8 4,057.1 3,817.6 3,912.2 3,972.6 4,016.9 4,016.3 4,024.0 4,075.7 4,112.5 4,157.1 4,216.2 4,285.6
1,432.7 1,465.9 1,356.1 1,415.6 1,465.9 1,493.2 1,466.6 1,444.1 1,472.4 1,480.6 1,489.1 1,508.2 1,539.6
2,497.2 2,591.2 2,461.5 2,496.6 2,506.8 2,523.8 2,549.7 2,579.9 2,603.4 2,632.0 2,668.0 2,708.0 2,745.9
2,299.0 2,426.3 2,270.3 2,287.4 2,301.8 2,336.5 2,376.6 2,409.2 2,445.2 2,474.4 2,509.3 2,567.2 2,595.4
1,381.1 1,450.0 1,365.7 1,375.7 1,381.9 1,400.9 1,421.2 1,442.3 1,461.1 1,475.4 1,503.8 1,546.6 1,561.4
348.4
369.4
345.8
345.9
348.3
353.5
359.5
363.9
372.6
381.5
382.3
385.2
387.9
569.6
607.0
558.8
565.8
571.6
582.0
595.9
603.0
611.5
617.5
623.2
635.5
646.1
1,639.4 1,700.3 1,613.9 1,633.9 1,641.4 1,668.3 1,678.4 1,694.7 1,707.2 1,720.8 1,746.5 1,772.2 1,791.1
244.1
245.6
241.1
243.4
244.1
247.6
243.0
244.1
246.6
248.5
251.4
252.4
256.2
1,395.3 1,454.7 1,372.8 1,390.5 1,397.2 1,420.7 1,435.4 1,450.6 1,460.5 1,472.3 1,495.1 1,519.8 1,534.9
770.8
804.7
758.1
765.7
776.2
783.1
789.2
801.3
812.7
815.7
821.0
835.9
846.4
203.6
214.1
198.6
201.1
206.4
208.5
208.4
212.4
218.7
217.1
216.6
222.8
226.6
567.2
590.6
559.5
564.6
569.8
574.6
580.9
588.9
594.0
598.6
604.4
613.1
619.8
401.8
416.1
397.7
400.3
403.0
406.1
408.7
413.6
419.4
422.7
426.3
433.6
436.5
2,387.8 2,453.7 2,365.5 2,378.2 2,395.8 2,411.8 2,433.5 2,448.0 2,462.1 2,471.2 2,479.5 2,493.3 2,515.6
744.8
759.9
738.8
741.7
746.8
752.0
757.8
760.0
761.5
760.3
758.8
760.6
765.4
1,643.0 1,693.8 1,626.7 1,636.5 1,649.0 1,659.9 1,675.7 1,687.9 1,700.6 1,711.0 1,720.6 1,732.7 1,750.2

Addenda:
31
32

Private goods-producing industries1
Private services-producing industries2

3,211.8

3,398.9

3,170.5

3,210.2

3,222.7

3,243.8

3,323.2

3,361.8

3,410.0

3,500.5

3,556.4

3,656.5

3,693.0

13,107.6 13,632.8 12,873.1 13,052.4 13,181.1 13,323.6 13,405.8 13,549.4 13,716.0 13,860.1 14,005.2 14,262.1 14,449.6

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.
Note. Detail may not add to total due to rounding.
Source: U.S. Bureau of Economic Analysis

-9-

February 21, 2019

Table 5a. Value Added by Industry Group as a Percentage of GDP
Line
1

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

2018
II
100.0

87.2
0.9
1.2
1.6
4.0
11.1
6.3
4.8
6.1
5.6
3.1
5.3
21.0
7.7
13.3
12.3
7.4
1.9
3.0
8.8
1.3
7.5
4.1
1.1
3.0
2.1
12.8
4.0
8.8

87.4
0.9
1.4
1.6
4.0
11.2
6.3
4.9
6.0
5.6
3.1
5.4
20.8
7.5
13.3
12.5
7.4
1.9
3.1
8.7
1.3
7.5
4.1
1.1
3.0
2.1
12.6
3.9
8.7

87.2
0.9
1.1
1.6
4.0
11.3
6.4
4.9
6.2
5.7
3.1
5.3
20.7
7.4
13.4
12.3
7.4
1.9
3.0
8.8
1.3
7.5
4.1
1.1
3.0
2.2
12.8
4.0
8.8

87.2
0.9
1.1
1.6
4.0
11.2
6.3
4.9
6.1
5.6
3.1
5.3
21.0
7.6
13.4
12.3
7.4
1.9
3.0
8.8
1.3
7.5
4.1
1.1
3.0
2.1
12.8
4.0
8.8

87.3
0.9
1.2
1.6
4.0
11.1
6.3
4.8
6.1
5.6
3.1
5.4
21.1
7.8
13.3
12.2
7.4
1.9
3.0
8.7
1.3
7.4
4.1
1.1
3.0
2.1
12.7
4.0
8.8

87.3
0.8
1.2
1.6
4.0
11.0
6.3
4.7
6.0
5.6
3.1
5.3
21.2
7.9
13.3
12.3
7.4
1.9
3.1
8.8
1.3
7.5
4.1
1.1
3.0
2.1
12.7
4.0
8.7

87.3
0.9
1.3
1.6
4.0
11.1
6.3
4.8
6.0
5.6
3.1
5.3
21.0
7.7
13.3
12.4
7.4
1.9
3.1
8.8
1.3
7.5
4.1
1.1
3.0
2.1
12.7
4.0
8.7

87.4
0.9
1.3
1.6
4.0
11.1
6.3
4.9
6.0
5.6
3.1
5.4
20.8
7.5
13.3
12.4
7.5
1.9
3.1
8.8
1.3
7.5
4.1
1.1
3.0
2.1
12.6
3.9
8.7

87.4
0.8
1.4
1.6
4.0
11.2
6.3
4.9
6.0
5.6
3.1
5.4
20.8
7.5
13.3
12.5
7.5
1.9
3.1
8.7
1.3
7.5
4.1
1.1
3.0
2.1
12.6
3.9
8.7

87.5
0.8
1.5
1.6
4.0
11.3
6.3
5.0
6.0
5.6
3.1
5.4
20.7
7.5
13.3
12.5
7.4
1.9
3.1
8.7
1.3
7.4
4.1
1.1
3.0
2.1
12.5
3.8
8.6

87.6
0.8
1.5
1.6
4.1
11.3
6.3
5.0
6.0
5.6
3.2
5.4
20.7
7.4
13.3
12.5
7.5
1.9
3.1
8.7
1.3
7.5
4.1
1.1
3.0
2.1
12.4
3.8
8.6

87.8
0.8
1.6
1.6
4.1
11.4
6.3
5.1
6.0
5.5
3.2
5.5
20.7
7.4
13.3
12.6
7.6
1.9
3.1
8.7
1.2
7.4
4.1
1.1
3.0
2.1
12.2
3.7
8.5

87.8
0.8
1.6
1.5
4.1
11.4
6.3
5.0
6.0
5.5
3.1
5.5
20.7
7.5
13.3
12.6
7.6
1.9
3.1
8.7
1.2
7.4
4.1
1.1
3.0
2.1
12.2
3.7
8.5

17.2
70.1

17.4
70.0

17.2
69.9

17.2
70.0

17.1
70.1

17.1
70.2

17.3
70.0

17.4
70.0

17.4
70.0

17.7
69.9

17.7
69.9

17.9
69.9

17.9
69.9

2016
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

2017

2016

2017

III
100.0

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.
Note. Detail may not add to total due to rounding.
Source: U.S. Bureau of Economic Analysis

- 10 -

February 21, 2019

Table 6. Real Gross Output by Industry Group: Percent Change from Preceding Period

Line

2016

2017

2016
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

Seasonally adjusted at annual rates
2017
IV
I
II
III
IV
2.4
2.9
2.0
2.1
4.1

1.9

2.6

1.9

2.1

2.9

1.9
4.1
-16.5
-4.5
5.4
0.3
-1.6
2.3
-1.2
4.7
-0.4
6.0
2.0
0.4
3.3
4.1
4.4
1.9
4.4
3.3
0.4
3.8
2.8
2.4
2.9
3.1
1.8
0.7
2.3

2.9
-0.6
11.5
-1.6
0.4
1.7
4.0
-0.5
4.7
3.9
2.2
5.6
2.8
3.6
2.2
4.3
4.7
2.4
4.4
2.9
0.1
3.3
1.3
4.6
0.3
1.0
0.2
-0.3
0.4

1.9
8.7
-20.5
-5.0
12.3
1.0
-2.7
4.9
-9.7
5.5
-3.8
6.3
0.8
-3.0
3.8
5.6
8.5
3.5
0.5
3.7
-1.2
4.5
3.4
4.4
3.1
7.9
2.2
1.0
2.7

2.2
1.9
-19.8
-0.4
2.1
-1.3
-4.2
1.8
5.1
4.7
-2.6
1.9
3.8
2.8
4.6
6.0
4.9
1.1
11.3
4.9
3.0
5.2
0.6
-3.9
2.0
0.0
1.3
0.5
1.6

3.1
-2.5
-2.1
4.3
2.6
2.1
2.9
1.1
5.7
3.6
5.3
5.1
3.5
4.6
2.7
4.7
4.4
1.6
7.0
-0.5
-4.9
0.1
3.3
3.2
3.3
5.7
1.3
1.4
1.3

2.7
5.6
1.9
-8.2
2.4
1.6
4.0
-0.8
2.4
3.8
3.9
3.1
0.3
-3.2
2.9
6.2
8.3
0.3
5.0
6.2
-0.4
7.3
4.8
19.4
0.6
1.8
0.0
-0.7
0.3

3.4
-3.0
37.2
-13.8
1.2
1.5
5.2
-2.1
5.8
2.7
1.9
8.0
5.2
8.8
2.6
3.0
3.0
1.4
3.9
3.4
0.1
3.9
0.6
-3.4
1.8
0.0
-0.6
-2.2
0.0

2.2
-2.5
15.3
22.2
-3.5
1.2
3.5
-1.0
1.9
3.4
4.6
4.8
2.3
4.8
0.5
4.2
5.7
0.2
3.2
-1.2
0.2
-1.4
0.5
7.9
-1.8
-2.6
0.3
0.2
0.3

2.4
-1.6
4.4
-8.9
-3.4
2.6
5.8
-0.7
7.5
5.8
-2.6
7.7
1.6
1.8
1.4
2.2
0.7
9.1
1.8
5.3
4.6
5.4
-0.6
7.8
-3.2
1.4
-0.2
-0.9
0.1

0.4
2.5

1.9
3.2

2.1
1.8

-1.5
3.6

1.7
3.7

1.9
3.0

2.8
3.6

0.9
2.7

1.3
2.8

1.4

2018
II
4.0

4.5
0.0
18.3
9.3
5.8
5.4
7.6
3.2
8.3
6.2
-0.3
5.8
2.5
3.9
1.4
5.9
7.2
9.5
1.2
3.5
0.1
4.0
-2.1
-7.6
-0.3
4.8
1.1
4.1
-0.2

1.5
-1.6
13.2
-2.5
3.4
-3.0
-4.5
-1.4
1.5
2.7
4.2
9.2
2.8
1.8
3.5
1.3
2.5
-0.8
-0.3
2.5
-0.1
2.9
-2.4
-5.7
-1.4
0.3
0.9
2.4
0.2

4.3
6.5
33.2
11.0
3.0
1.1
0.8
1.3
7.1
1.7
3.6
8.9
0.8
-1.9
2.9
6.9
7.9
2.8
6.7
4.0
0.7
4.5
12.6
16.0
11.6
3.8
1.5
1.0
1.6

4.2
-1.9
12.7
-9.7
3.8
7.1
11.2
3.1
4.0
3.3
0.8
6.8
1.4
1.3
1.5
4.7
2.4
5.7
9.5
6.5
6.4
6.5
3.5
3.5
3.5
5.9
1.7
2.9
1.2

5.9
4.0

-0.8
2.4

3.6
4.6

6.4
3.4

I

III
3.9

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

- 11 -

February 21, 2019

Table 7. Chain-Type Price Indexes for Gross Output by Industry Group: Percent Change from Preceding Period

Line

2016

2017

2016
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

Seasonally adjusted at annual rates
2017
IV
I
II
III
IV
2.5
3.1
1.4
1.8
3.9

0.2

2.5

-2.0

3.1

2.4

0.2
-9.8
-7.2
-2.8
1.9
-2.7
-0.6
-4.9
0.6
-0.3
-0.3
-0.3
2.8
3.3
2.4
0.9
0.7
0.0
2.1
1.6
1.9
1.5
2.3
2.4
2.3
1.9
0.4
0.5
0.3

2.4
2.4
14.5
4.3
3.4
3.9
1.9
6.0
1.3
0.3
2.4
-0.7
2.9
2.9
2.8
1.3
1.5
0.1
1.6
1.8
2.3
1.7
2.2
1.6
2.3
2.3
2.6
2.0
2.9

-2.0
-18.2
-38.3
-10.1
0.1
-9.5
-2.0
-16.8
3.5
-2.7
-0.7
0.9
2.8
3.4
2.4
0.4
-0.3
-0.4
2.5
1.3
1.5
1.2
2.7
3.5
2.5
2.0
-2.0
-1.0
-2.4

3.2
-4.2
61.2
3.0
4.6
5.3
1.7
9.2
-1.7
1.1
0.7
0.0
4.1
6.2
2.5
1.1
0.8
0.4
2.1
1.9
2.8
1.7
2.5
1.8
2.7
2.2
2.4
1.3
2.9

2.4
-8.4
26.1
11.6
2.4
2.4
1.5
3.4
-1.9
0.0
1.3
0.8
4.2
6.0
2.8
1.3
1.7
0.3
1.3
2.3
2.8
2.2
3.2
5.7
2.4
2.0
2.3
1.9
2.5

2.5
-7.4
23.1
2.9
3.9
4.0
1.2
7.0
2.2
-0.3
2.6
0.1
3.3
3.5
3.2
1.3
1.0
0.6
2.3
2.1
2.9
2.0
0.3
-3.3
1.5
2.5
2.5
2.1
2.6

3.0
21.5
20.6
6.8
3.3
5.3
2.5
8.2
1.8
2.0
2.9
-2.0
1.3
-0.4
2.6
2.2
3.0
-0.3
1.8
1.7
2.6
1.6
3.3
6.6
2.2
3.1
3.6
3.1
3.9

1.3
1.9
-9.4
0.6
3.2
2.0
2.1
1.8
2.2
-1.0
1.5
-0.9
2.4
2.3
2.6
0.4
0.4
0.0
0.6
1.6
1.8
1.5
1.9
-1.5
3.0
1.7
1.6
1.7
1.6

1.8
-2.5
-3.3
1.1
3.9
3.1
1.9
4.4
2.0
-1.4
2.5
-1.6
3.0
3.0
2.9
1.2
1.4
-0.5
1.7
1.2
0.9
1.3
2.0
0.7
2.5
2.0
2.3
1.0
2.9

-2.6
1.3

4.2
1.8

-10.0
1.1

6.7
1.9

2.9
2.2

4.3
1.9

6.5
1.7

1.5
1.3

2.6
1.5

3.3

2018
II
3.3

4.0
4.6
31.5
3.5
2.4
6.6
1.6
12.1
2.0
2.7
6.7
0.3
4.8
7.2
3.1
1.1
1.0
0.5
1.7
1.7
1.8
1.7
2.2
1.0
2.6
2.2
3.6
1.4
4.5

3.3
6.6
22.9
9.9
5.1
4.5
2.4
6.6
0.4
-1.3
3.4
-0.5
4.0
5.2
3.1
1.9
1.6
2.1
2.4
1.8
1.9
1.8
4.6
3.8
4.8
3.0
3.2
2.0
3.7

3.4
0.0
7.9
-7.4
6.9
6.2
4.5
8.1
3.9
4.7
5.9
0.8
3.1
5.1
1.6
1.6
1.9
-0.5
2.0
2.0
1.7
2.0
0.6
2.1
0.1
2.4
2.5
2.2
2.7

2.1
-6.1
10.8
3.8
3.2
2.1
2.1
2.2
1.2
0.0
2.8
0.7
3.5
2.9
3.9
0.6
0.5
0.1
1.1
1.7
3.3
1.5
3.0
3.3
2.9
3.0
2.7
1.3
3.4

7.1
2.9

5.8
2.4

6.2
2.4

2.5
2.0

I

III
2.2

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

- 12 -

February 21, 2019

Table 8. Gross Output by Industry Group

Line

2016

2017

2016
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
2017
IV
I
II
III
IV

I

2018
II

III

32,776.4 34,445.6 32,153.3 32,563.8 32,991.6 33,397.0 33,893.3 34,174.9 34,512.1 35,202.3 35,613.5 36,263.7 36,815.4
29,128.5 30,695.3 28,552.1 28,929.6 29,324.7 29,707.6 30,176.7 30,440.7 30,758.4 31,405.2 31,778.2 32,390.2 32,899.4
428.2
435.8
436.8
434.2
422.1
419.7
437.3
436.6
432.2
437.1
442.4
449.4
440.2
382.0
487.9
348.4
372.1
392.4
415.1
470.2
474.9
475.7
531.1
576.8
631.5
667.5
477.3
489.6
467.6
470.7
488.9
482.0
472.1
497.1
487.0
502.2
511.0
514.4
506.1
1,478.0 1,534.7 1,445.2 1,469.1 1,487.5 1,510.4 1,527.3 1,526.0 1,527.3 1,558.2 1,590.8 1,629.7 1,658.1
5,573.0 5,889.5 5,483.4 5,535.7 5,597.6 5,675.4 5,770.4 5,816.5 5,898.1 6,072.9 6,092.6 6,202.0 6,343.4
2,836.3 3,004.5 2,825.8 2,806.9 2,837.9 2,874.5 2,928.8 2,969.6 3,025.7 3,093.9 3,076.5 3,116.7 3,217.2
2,736.7 2,885.0 2,657.6 2,728.8 2,759.8 2,800.8 2,841.6 2,847.0 2,872.4 2,979.0 3,016.0 3,085.3 3,126.1
1,817.7 1,928.1 1,793.4 1,808.1 1,824.3 1,845.1 1,879.3 1,898.6 1,942.7 1,991.6 2,000.8 2,055.0 2,081.5
1,720.5 1,792.5 1,691.1 1,715.3 1,730.4 1,745.2 1,765.6 1,775.7 1,794.7 1,834.1 1,840.7 1,869.7 1,885.0
1,104.1 1,155.5 1,094.8 1,089.6 1,107.2 1,125.0 1,138.3 1,155.4 1,155.1 1,173.3 1,195.3 1,223.3 1,234.4
1,659.3 1,738.4 1,638.4 1,645.8 1,669.8 1,683.2 1,707.1 1,723.2 1,748.6 1,774.7 1,811.7 1,854.4 1,888.6
6,200.9 6,556.3 6,040.0 6,158.0 6,274.8 6,330.9 6,432.8 6,508.7 6,582.1 6,701.5 6,813.8 6,878.8 6,961.7
2,627.7 2,803.3 2,550.4 2,607.2 2,675.8 2,677.3 2,731.6 2,779.3 2,812.9 2,889.5 2,939.5 2,961.3 2,992.1
3,573.2 3,752.9 3,489.6 3,550.8 3,599.0 3,653.6 3,701.1 3,729.4 3,769.2 3,811.9 3,874.4 3,917.4 3,969.6
3,593.2 3,796.6 3,504.7 3,565.3 3,618.2 3,684.8 3,732.5 3,774.8 3,806.8 3,872.5 3,902.9 3,984.0 4,036.4
2,099.8 2,232.1 2,050.8 2,079.5 2,110.6 2,158.3 2,190.5 2,223.0 2,234.9 2,279.9 2,303.1 2,358.8 2,376.1
535.5
548.9
532.5
534.4
536.9
538.1
539.7
540.0
551.2
564.5
566.3
569.4
577.5
957.9 1,015.7
921.4
951.3
970.7
988.3 1,002.3 1,011.8 1,020.6 1,028.1 1,033.6 1,055.7 1,082.9
2,656.0 2,781.5 2,603.9 2,647.5 2,659.0 2,713.8 2,748.4 2,751.0 2,795.4 2,831.1 2,861.4 2,904.1 2,963.0
349.0
357.3
345.7
350.7
348.7
350.9
353.2
354.9
359.8
361.4
363.0
365.2
373.9
2,307.1 2,424.1 2,258.2 2,296.9 2,310.3 2,362.9 2,395.2 2,396.1 2,435.6 2,469.7 2,498.4 2,538.9 2,589.1
1,363.6 1,411.9 1,340.7 1,351.0 1,372.8 1,389.9 1,403.2 1,411.4 1,416.3 1,416.6 1,423.7 1,468.8 1,492.3
320.2
340.4
315.1
313.4
320.3
332.0
334.4
339.6
346.6
340.7
339.0
353.6
359.6
1,043.4 1,071.5 1,025.6 1,037.6 1,052.5 1,057.9 1,068.7 1,071.8 1,069.7 1,075.9 1,084.7 1,115.2 1,132.7
674.4
697.0
663.6
667.2
679.8
687.1
692.4
690.7
696.4
708.5
714.3
725.3
741.2
3,647.9 3,750.4 3,601.2 3,634.2 3,666.9 3,689.4 3,716.5 3,734.2 3,753.6 3,797.1 3,835.3 3,873.5 3,916.0
1,112.4 1,131.4 1,103.1 1,108.2 1,117.3 1,121.1 1,123.3 1,128.8 1,129.1 1,144.5 1,157.0 1,166.4 1,178.6
2,535.5 2,618.9 2,498.0 2,526.0 2,549.6 2,568.3 2,593.2 2,605.5 2,624.5 2,652.5 2,678.3 2,707.1 2,737.4

Addenda:
31
32

Private goods-producing industries1
2
Private services-producing industries

7,861.3

8,347.9

7,713.9

7,811.1

7,899.6

8,020.6

8,205.2

8,254.0

8,333.3

8,599.2

8,702.5

8,912.6

9,109.2

21,267.2 22,347.4 20,838.2 21,118.5 21,425.1 21,687.0 21,971.6 22,186.7 22,425.1 22,806.0 23,075.7 23,477.7 23,790.2

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 -