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September 26, 2013
2013:II (Third Estimate) Comparisons
Percent Change From Preceding Period in Real Gross Domestic Product and Related Measures
[Percent]
2013:II
% change

Last quarter with
equal value

Last quarter with
larger value

2.5

III 1969

2.5

III 2012

2.8

I 2013

1.1

1.8
3.1
6.2
1.6
1.2

II 1997
III 1962

1.8
3.1

III 2012
I 2010

1.6
1.2

I 2013
I 2013
IV 2012
I 2013
I 2013

2.3
3.7
10.5
2.7
1.5

IV 2012
II 2012
I 2013
IV 2012
IV 2012

1.7
2.2
5.8
0.6
0.6

III 2005
III 1951
IV 2012
II 1981
IV 2005
III 1991

6.5
4.7
17.6
3.3
-1.5
14.2

I 2012
IV 2012
IV 2012
III 2011
IV 2012
I 2013
IV 2012

10.5
11.6
9.8
28.4
8.9
3.7
19.8

I 2013
I 2013
I 2013
I 2013
I 2013
II 2010
I 2013

4.7
-1.5
-4.6
-25.7
1.6
-2.0
12.5

II 1991
I 1982
III 1955

9.4
4.8
6.9

IV 2010
IV 2010
IV 2012
III 2010
III 2010
I 2013

12.4
13.0
11.3
14.5
14.6
5.0

I 2013
I 2013
I 2013
I 2013
I 2013
IV 2012

-1.3
-2.8
2.2
0.6
-0.2
-1.0

-0.4
-1.6
-0.6
-3.1
0.4

I 1982
IV 1992

-0.4
-1.6

IV 2002

0.4

III 2012
III 2012
III 2012
IV 2012
II 2012

3.5
8.9
12.5
1.0
0.6

I 2013
I 2013
I 2013
I 2013
I 2013

-4.2
-8.4
-11.2
-3.6
-1.3

2.1
2.5
2.1
2.7
3.5
3.1

IV 2011
I 2010
III 2009
IV 2007
I 2001
I 1993

2.1
2.5
2.1
2.7
3.5
3.1

IV 2012
III 2012
III 2012
I 2012
IV 2012
III 2012

2.2
2.7
2.2
3.0
9.0
4.9

I 2013
I 2013
I 2013
I 2013
I 2013
I 2013

0.2
1.4
0.5
0.6
-7.9
2.8

0.2

I 1953

0.2

I 2013

1.2

I 2009

-2.4

0.8

II 1998

0.8

I 2013

1.4

III 2009

0.3

GDP
GDP excluding food and energy
GDP implicit price deflator

0.6
0.9
0.6

I 1998
IV 2011
IV 2008

0.6
0.9
0.6

I 2013
I 2013
I 2013

1.3
1.6
1.7

IV 2011
III 2009
IV 2011

0.5
0.6
0.5

PCE
PCE excluding food and energy

-0.1
0.6

IV 1958

-0.1

I 2013
I 2013

1.1
1.4

I 2009
I 2009

-2.2
0.5

Market-based PCE
Market-based PCE excluding food and energy

-0.3
0.5

I 2013
I 2013

1.3
1.6

I 2009
I 1987

-1.3
0.0

Gross domestic product (GDP)
Personal consumption expenditures (PCE)
Goods
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment
Intellectual property products
Residential
Exports of goods and services
Goods
Services
Imports of goods and services
Goods
Services
Government consumption expenditures
and gross investment
Federal
National defense
Nondefense
State and local
Addenda:
Final sales of domestic product
Gross domestic purchases
Final sales to domestic purchasers
Gross national product
Disposable personal income
Current-dollar GDP
Chain-type price measures:
Gross domestic purchases
Gross domestic purchases
excluding food and energy

9.2
6.5
4.7
17.6
3.3
-1.5
14.2
8.0
9.4
4.8
6.9
7.5
4.0

1

Last quarter with
smaller value

2013:II (Third Estimate) Comparisons
Contributions to Percent Change in Real Gross Domestic Product
2013:II
contribution

Last quarter with
equal value

Last quarter with
larger value

Last quarter with
smaller value

2.5

III 1969

2.5

III 2012

2.8

I 2013

1.1

1.24
0.71
0.46
0.26
0.53

III 1991

1.24

III 2010
II 2005
I 1982

0.46
0.26
0.53

I 2013
I 2013
IV 2012
I 2013
I 2013

1.54
0.85
0.74
0.43
0.69

IV 2012
II 2012
I 2013
IV 2012
IV 2012

1.13
0.50
0.43
0.10
0.29

1.57
1.63
1.13
0.44
0.47
0.14
0.50
0.93

I 2013
I 2013
I 2013
I 2013
I 2013
II 2010
I 2013
IV 2012

0.71
-0.23
-0.57
-0.80
0.09
-0.08
0.34
-2.00

Percent change at annual rate:
Gross domestic product
Percentage points at annual rates:
Personal consumption expenditures
Goods
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment
Intellectual property products
Residential
Change in private inventories

1.38
0.96
0.56
0.43
0.18
-0.06
0.40
0.41

III 2000
III 1971
IV 2005
IV 1985
II 1978

0.43
0.18
-0.06
0.40
0.41

I 2012
IV 2012
IV 2012
IV 2012
IV 2012
I 2013
IV 2012
I 2013

Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services

-0.07
1.04
0.84
0.20
-1.10
-1.00
-0.11

I 2008
IV 1988
II 1987
III 1955
I 1973
I 1990
III 1993

-0.07
1.04
0.84
0.20
-1.10
-1.00
-0.11

IV 2012
IV 2010
IV 2010
IV 2012
I 2013
I 2013
IV 2012

0.68
1.47
1.07
0.43
-0.10
0.03
0.03

I 2013
I 2013
I 2013
I 2013
III 2010
III 2010
I 2013

-0.28
-0.18
-0.27
0.09
-2.15
-1.79
-0.13

Government consumption expenditures
and gross investment
Federal
National defense
Nondefense
State and local

-0.07
-0.12
-0.03
-0.09
0.05

III 2010
IV 1996
II 1990
III 2010
IV 2002

-0.07
-0.12
-0.03
-0.09
0.05

III 2012
III 2012
III 2012
IV 2012
II 2012

0.67
0.69
0.60
0.03
0.07

I 2013
I 2013
I 2013
I 2013
I 2013

-0.82
-0.68
-0.57
-0.11
-0.14

2

2013:II (Third Estimate) Comparisons
Corporate Profits: Level and Percent Change
2013:II
change

Last quarter with
equal value

Last quarter with
larger value

Last quarter with
smaller value

Dollar change from preceding quarter
Corporate profits with IVA and CCAdj
Profits after tax with IVA and CCAdj
Profits before tax without IVA and CCAdj
Profits after tax without IVA and CCAdj
Net cash flow with IVA

Corporate profits with IVA and CCAdj
Profits after tax with IVA and CCAdj
Profits before tax without IVA and CCAdj
Profits after tax without IVA and CCAdj
Net cash flow with IVA

Corporate profits with IVA and CCAdj
Profits after tax with IVA and CCAdj
Profits before tax without IVA and CCAdj
Profits after tax without IVA and CCAdj
Net cash flow with IVA
*Largest decrease in series, which begins in 1947.

66.8
56.9

IV 2011
IV 2011

99.6
82.0

I 2013
I 2013

-26.6
-1.7

46.6
36.6

III 2012
III 2012

48.5
39.1

I 2013
I 2013

-36.4
-11.6

-205.3*

I 2013
140.7
Percent change from preceding quarter (quarterly rates)

3.3
3.5

III 2002
II 2002

3.3
3.5

IV 2011
IV 2011

5.3
5.3

I 2013
I 2013

-1.3
-0.1

2.1
2.1

III 2006

2.1

III 2012
III 2012

2.2
2.3

I 2013
I 2013

-1.6
-0.6

I 2013
6.6
I 1951
Percent change from quarter one year ago

-15.6

-9.1

4.5
6.4

I 1957
I 2005

III 2012
I 2012

6.3
13.3

I 2013
I 2013

2.1
4.5

3.7
5.3

IV 2012
IV 2012

16.5
16.3

I 2013
I 2013

1.4
3.5

-6.6

I 2013

3.4

IV 2012

-7.3

IVA
Inventory valuation adjustment
CCAdj Capital consumption adjustment

3

4.5
6.4