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August 30, 2017

2017:Q2 (Second Estimate) Comparisons -- Percent Change From Preceding Period in
Real Gross Domestic Product and Related Measures
[Percent] seasonally adjusted at annual rates

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
Change in private inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross investment
Federal
National defense
Nondefense
State and local
Addenda:
Gross domestic income (GDI)
Average of GDP and GDI
Final sales of domestic product
Gross domestic purchases
Final sales to domestic purchasers
Final sales to private domestic purchasers
Gross national product (GNP)
Disposable personal income
Current-dollar measures:
GDP
GDI
Average of GDP and GDI
Final sales of domestic product
Gross domestic purchases
Final sales to domestic purchasers
Final sales to private domestic purchasers
GNP
Disposable personal income
Chain-type price measures:
Gross domestic purchases
Gross domestic purchases excluding food and energy
GDP
GDP excluding food and energy
GDP implicit price deflator
PCE
PCE excluding food and energy
Market-based PCE
Market-based PCE excluding food and energy
Source: U.S. Bureau of Economic Analysis

2017:Q2
% change

3.0
3.3
5.9
8.9
4.3
2.1
3.6
3.6
6.9
6.2
8.8
4.9
-6.5
..........................
..........................
3.7
2.3
6.5
1.6
1.6
1.4
-0.3
1.9
4.7
-1.9
-1.7
2.9
3.0
3.0
2.7
2.7
3.4
2.8
3.2

Last period with
Last period with
Last period with
equal value
larger value
smaller value
2004Q2
3.0 2015Q1
3.2 2017Q1
1.2
2010Q2
3.3 2016Q2
3.8 2017Q1
1.9
1989Q3
5.9 2016Q2
6.0 2017Q1
0.7
1962Q1
8.9 2016Q4
9.2 2017Q1
-0.1
1994Q4
4.3 2016Q2
4.7 2017Q1
1.1
2016Q4
2.1 2017Q1
2.5 2016Q1
1.7
................. ................. 2016Q4
8.5 2017Q1
-1.2
1989Q1
3.6 2017Q1
8.1 2016Q4
1.7
7.2 2016Q4
6.9 2017Q1
0.2
2007Q4
1977Q3
6.2 2017Q1
14.8 2016Q4
-2.2
2012Q2
8.8 2015Q3
10.0 2017Q1
4.4
5.7 2016Q4
-0.4
2015Q2
4.9 2017Q1
1949Q2
-6.5 2017Q1
11.1 2010Q3
-30.7
................. ................. ................. ................. ................. .................
................. ................. ................. ................. ................. .................
2015Q2
3.7 2017Q1
7.3 2016Q4
-3.8
1981Q4
2.3 2017Q1
10.8 2016Q4
-3.4
................. ................. 2013Q1
7.1 2017Q1
1.0
2013Q4
1.6 2017Q1
4.3 2016Q2
0.4
2013Q4
1.6 2017Q1
4.7 2016Q3
1.2
2015Q1
1.4 2017Q1
2.5 2016Q2
1.0
2010Q3
-0.3 2016Q4
0.2 2017Q1
-0.6
1975Q4
1.9 2015Q4
2.5 2017Q1
-2.4
1998Q3
4.7 2011Q2
6.7 2017Q1
-3.3
-1.2 2013Q4
-8.1
................. ................. 2017Q1
................. ................. 2017Q1
0.5 2012Q4
-2.6
2005Q2
1988Q3
2011Q3
2015Q2
2013Q4
2000Q3
2009Q3
2005Q2

2.9
3.0
3.0
2.7
2.7
3.4
2.8
3.2

2016Q3
2016Q3
2015Q2
2016Q4
2015Q2
2015Q1
2015Q1
2015Q2

4.1
3.4
3.4
3.3
3.4
3.7
3.2
3.8

2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1

2.7
2.0
2.7
1.0
2.4
3.1
0.9
2.9

4.0 2008Q2
4.0
3.9 2011Q4
3.9
3.9 2013Q3
3.9
4.0 2007Q4
4.0
3.6 2017Q1
3.6
3.6 ................. .................
4.0 2007Q2
4.0
3.8 1986Q4
3.8
3.5 2011Q2
3.5

2016Q3
2017Q1
2017Q1
2017Q1
2016Q4
2017Q1
2017Q1
2016Q4
2017Q1

4.2
4.7
4.0
4.8
5.3
5.0
5.2
4.7
5.2

2017Q1
2016Q4
2016Q4
2016Q4
2016Q1
2016Q1
2016Q1
2017Q1
2016Q4

3.3
0.3
2.1
2.7
0.9
1.7
1.9
2.9
0.1

0.8 1961Q4
0.8
1.3 2015Q3
1.3
1.0 2009Q1
1.0
1.1 2015Q4
1.1
1.0 2009Q1
1.0
0.3 2003Q2
0.3
0.9 2015Q1
0.9
-0.4 2001Q4
-0.4
0.2 ................. .................

2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1

2.6 2016Q1
0.1
2.3 2016Q1
1.1
2.0 2016Q1
0.3
2.4 2015Q1
0.6
2.0 2016Q1
0.2
2.2 2015Q4
0.2
1.8 2010Q4
0.8
2.3 2015Q1
-2.0
1.9 ................. .................

August 30, 2017

2017:Q2 (Second Estimate) Comparisons -- Contributions to Percent Change in Real Gross Domestic Product

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
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross investment
Federal
National defense
Nondefense
State and local
Source: U.S. Bureau of Economic Analysis

2017:Q2
contribution

Last period with
equal value

Last period with
larger value

Last period with
smaller value

3.0

2004Q2

3.0

2015Q1

3.2

2017Q1

1.2

2.28
1.27
0.65
0.62
1.00
0.60
0.58
0.85
0.18
0.47
0.20
-0.26
0.02
0.21
0.45
0.19
0.26
-0.23
-0.20
-0.04
-0.05
0.13
0.18
-0.05
-0.18

.................
1997Q4
1996Q4
1993Q3
2011Q3
.................
.................
2014Q1
2010Q4
2012Q2
1994Q3
.................
.................
1961Q4
.................
.................
2010Q2
1967Q3
1962Q3
2015Q1
2001Q3
1999Q2
.................
1973Q2
.................

.................
1.27
0.65
0.62
1.00
.................
.................
0.85
0.18
0.47
0.20
.................
.................
0.21
.................
.................
0.26
-0.23
-0.20
-0.04
-0.05
0.13
.................
-0.05
.................

2016Q2
2016Q2
2016Q4
2016Q2
2017Q1
2016Q4
2017Q1
2017Q1
2017Q1
2015Q3
2017Q1
2017Q1
2016Q4
2017Q1
2017Q1
2017Q1
2013Q1
2016Q2
2016Q3
2016Q2
2016Q4
2015Q4
2011Q2
2017Q1
2017Q1

2.57
1.30
0.67
0.68
1.17
1.34
1.27
0.86
0.39
0.58
0.23
0.41
1.06
0.22
0.85
0.81
0.29
-0.04
-0.14
-0.03
0.03
0.17
0.36
-0.03
0.05

2017Q1
2017Q1
2017Q1
2017Q1
2016Q4
2017Q1
2016Q4
2016Q4
2016Q4
2017Q1
2016Q4
2010Q3
2017Q1
2016Q4
2016Q4
2016Q4
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2017Q1
2013Q4
2012Q4

1.32
0.15
-0.01
0.16
0.97
-0.20
0.28
0.02
-0.06
0.24
-0.02
-0.94
-1.46
-1.61
-0.47
-0.27
0.04
-0.63
-0.56
-0.07
-0.11
-0.16
-0.13
-0.23
-0.30

August 30, 2017

2017:Q2 (Preliminary Estimate) Comparisons -- Corporate Profits: Level Change and Percent Change
2017:Q2
Last period with
change
equal 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
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment
Source: U.S. Bureau of Economic Analysis

Last period with
larger value

Last period with
smaller value

2016Q4
2016Q4
2017Q1
2017Q1
2016Q4

53.9
71.7
20.0
23.1
62.3

2017Q1
2017Q1
2015Q4
2015Q4
2017Q1

-46.2
-43.0
-171.2
-191.2
-40.0

1.3
0.8
-0.5
-1.4
2.4

2016Q4
2016Q4
2017Q1
2017Q1
2016Q4

2.6
4.4
0.9
1.3
2.8

2017Q1
2017Q1
2015Q4
2015Q4
2017Q1

-2.1
-2.6
-7.9
-11.3
-1.8

7.0 1951Q3
7.0
8.6 ................. .................
6.7 ................. .................
8.1 ................. .................
8.2 2003Q3
8.2

2016Q4
2016Q4
2017Q1
2017Q1
2016Q4

8.7
14.1
9.7
11.8
13.0

2017Q1
2017Q1
2016Q3
2016Q3
2017Q1

3.3
3.7
0.4
0.4
4.5

26.8 ................. .................
12.9 ................. .................
-10.7 ................. .................
-24.6 ................. .................
52.9 ................. .................
Percent change from preceding quarter (quarterly rates)
1.3 2006Q2
0.8 2004Q2
-0.5 1996Q3
-1.4 2000Q3
2.4 2010Q2
Percent change from quarter one year ago