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Release Date: March 30, 2022 Paycheck Protection Program Subsidies by Industry in the National Accounts, 2021Q4 (Billions of dollars, seasonally adjusted at annual rates) Line 1 Total Paycheck Protection Program Subsidies to Private Industries 2 Agriculture, forestry, fishing, and hunting 3 Mining 4 Utilities 5 Construction 6 Manufacturing 7 Durable goods 8 Nondurable goods 9 Wholesale trade 10 Retail trade 11 Transportation and warehousing 12 Information 13 Finance and insurance 14 Real estate and rental and leasing 15 Professional, scientific, and technical services 16 Management of companies and enterprises 17 Administrative and waste management services 18 Educational services 19 Health care and social assistance 20 Arts, entertainment, and recreation 21 Accommodation and food services 22 Other services, except government 1 Q1 184.6 6.4 2.3 0.3 25.4 20.3 14.4 5.8 7.6 8.8 5.7 2.7 1.5 4.1 20.8 0.3 7.4 3.2 19.0 4.1 33.0 11.6 Levels 2021 Q2 427.2 14.8 5.4 0.6 58.7 47.0 33.4 13.5 17.6 20.5 13.1 6.2 3.5 9.4 48.2 0.7 17.1 7.5 44.0 9.5 76.5 26.9 Q3 265.0 9.2 3.4 0.4 36.4 29.1 20.7 8.4 10.9 12.7 8.2 3.8 2.2 5.8 29.9 0.4 10.6 4.7 27.3 5.9 47.4 16.7 Q4 28.6 1.0 0.4 0.0 3.9 3.1 2.2 0.9 1.2 1.4 0.9 0.4 0.2 0.6 3.2 0.0 1.1 0.5 2.9 0.6 5.1 1.8 Change from preceding quarter 2021 Q2 Q3 Q4 242.6 -162.2 -236.4 8.4 -5.6 -8.2 3.1 -2.1 -3.0 0.4 -0.2 -0.4 33.3 -22.3 -32.5 26.7 -17.8 -26.0 19.0 -12.7 -18.5 7.7 -5.1 -7.5 10.0 -6.7 -9.7 11.6 -7.8 -11.3 7.5 -5.0 -7.3 3.5 -2.3 -3.4 2.0 -1.3 -1.9 5.3 -3.6 -5.2 27.3 -18.3 -26.6 0.4 -0.3 -0.4 9.7 -6.5 -9.4 4.3 -2.9 -4.2 25.0 -16.7 -24.3 5.4 -3.6 -5.3 43.4 -29.0 -42.3 15.3 -10.2 -14.9 1. The Coronavirus Aid, Relief, and Economic Security Act (CARES) authorized funding for loans to help small businesses and nonprofit institutions cover payroll and other operational expenses. BEA used data from the Small Business Administration to allocate the forgivable portion of the business loans across industries. For more information, see How does the Paycheck Protection Program impact the national income and product accounts (NIPAs)? NOTE: For national statistics, BEA publishes levels and changes at an annualized rate. To be consistent, the figures in this table also are annualized. For more information, see the FAQ "Why does BEA publish estimates at annual rates?" Data on this table will be superseded by updated estimates. Source: U.S. Bureau of Economic Analysis Release Date: March 30, 2022 Paycheck Protection Program Subsidies by Industry in the National Accounts, 2021 (Billions of dollars, seasonally adjusted at annual rates) Line 1 1 Total Paycheck Protection Program Subsidies to Private Industries 2 Agriculture, forestry, fishing, and hunting 3 Mining 4 Utilities 5 Construction 6 Manufacturing 7 Durable goods 8 Nondurable goods 9 Wholesale trade 10 Retail trade 11 Transportation and warehousing 12 Information 13 Finance and insurance 14 Real estate and rental and leasing 15 Professional, scientific, and technical services 16 Management of companies and enterprises 17 Administrative and waste management services 18 Educational services 19 Health care and social assistance 20 Arts, entertainment, and recreation 21 Accommodation and food services 22 Other services, except government Levels 2020 2019 ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2021 410.7 6.9 4.0 1.2 56.3 47.0 32.0 15.0 24.1 35.1 14.9 7.8 10.5 13.5 56.7 1.4 22.8 3.8 45.6 5.3 36.7 17.1 226.3 7.9 2.9 0.3 31.1 24.9 17.7 7.2 9.3 10.8 7.0 3.3 1.9 5.0 25.5 0.4 9.0 4.0 23.3 5.0 40.5 14.3 1. The Coronavirus Aid, Relief, and Economic Security Act (CARES) authorized funding for loans to help small businesses and nonprofit institutions cover payroll and other operational expenses. BEA used data from the Small Business Administration to allocate the forgivable portion of the business loans across industries. For more information, see "How does the Paycheck Protection Program of 2020 impact the national income and product accounts (NIPAs)?". NOTE: For national statistics, BEA publishes levels and changes at an annualized rate. To be consistent, the figures in this table also are annualized. For more information, see the FAQ "Why does BEA publish estimates at annual rates?" on BEA's website. Data on this table will be superseded by updated estimates. Source: U.S. Bureau of Economic Analysis Change from preceding quarter 2020 2021 410.7 6.9 4.0 1.2 56.3 47.0 32.0 15.0 24.1 35.1 14.9 7.8 10.5 13.5 56.7 1.4 22.8 3.8 45.6 5.3 36.7 17.1 -184.3 1.0 -1.1 -0.9 -25.2 -22.2 -14.3 -7.9 -14.8 -24.3 -7.9 -4.5 -8.7 -8.5 -31.2 -1.0 -13.8 0.2 -22.3 -0.3 3.8 -2.8
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