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October 27, 2022 2022Q3 (Advance 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 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: Final sales of domestic product Gross domestic purchases Final sales to domestic purchasers Final sales to private domestic purchasers Gross domestic income (GDI) Average of GDP and GDI Gross national product (GNP) Disposable personal income Current-dollar measures: GDP Final sales of domestic product Gross domestic purchases Final sales to domestic purchasers Final sales to private domestic purchasers GDI Average of GDP and GDI 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 2022Q3 % change 2.6 1.4 -1.2 -0.8 -1.4 2.8 -8.5 -4.9 3.7 -15.3 10.8 6.9 -26.4 ..................... ..................... 14.4 17.2 8.3 -6.9 -8.7 2.3 2.4 3.7 4.7 2.3 1.7 Last period with equal value 2007Q2 2.6 2001Q3 1.4 1974Q2 -1.2 ............... ............... 2011Q3 -1.4 2010Q3 2.8 ............... ............... 1974Q2 -4.9 ............... ............... 1983Q1 -15.3 1994Q3 10.8 1972Q2 6.9 1949Q1 -26.4 ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... 2010Q2 2.3 2019Q4 2.4 2020Q1 3.7 ............... ............... 1982Q3 2.3 1994Q1 1.7 Last period with larger value 2021Q4 7.0 2022Q2 2.0 2022Q1 -0.1 2022Q1 7.6 2021Q4 0.7 2022Q2 4.6 2022Q1 5.4 2022Q1 4.8 2022Q1 7.9 2022Q2 -12.7 2022Q1 11.4 2022Q2 8.9 2022Q2 -17.8 ............... ............... ............... ............... 2021Q4 23.5 2021Q4 23.4 2022Q2 9.9 2022Q2 2.2 2022Q2 -0.4 2022Q2 16.6 2021Q1 6.5 2021Q1 17.3 2020Q4 11.8 2021Q4 7.4 2021Q3 4.5 3.3 -0.2 0.5 0.1 ..................... ..................... ..................... 1.7 1991Q2 2012Q4 2012Q3 ............... ............... ............... ............... 2005Q3 2021Q2 7.9 2022Q2 1.3 2022Q1 1.4 2022Q2 -1.6 2022Q1 1.3 2022Q2 0.2 2022Q2 0.5 2020Q2 -31.4 ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... 2021Q1 52.4 2022Q2 -1.5 6.7 7.5 4.3 5.1 5.0 ..................... ..................... ..................... 6.0 1987Q3 6.7 2022Q2 8.5 2022Q1 6.6 2005Q3 7.5 2022Q2 10.5 2022Q1 6.4 2008Q2 4.3 2022Q2 6.8 2020Q2 -30.2 1982Q1 5.1 2022Q2 8.7 2020Q2 -26.2 2000Q4 5.0 2022Q2 8.5 2020Q2 -32.2 ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... ............... 2018Q4 6.0 2021Q1 59.2 2022Q2 5.7 4.6 4.8 4.1 4.9 4.1 4.2 4.5 4.5 4.9 3.3 -0.2 0.5 ............... ............... ............... ............... 1.7 2005Q3 4.6 2022Q2 ............... ............... 2022Q2 2007Q1 4.1 2022Q2 ............... ............... 2022Q2 1984Q1 4.1 2022Q2 1968Q3 4.2 2022Q2 1990Q2 4.5 2022Q2 2008Q2 4.5 2022Q2 1989Q1 4.9 2022Q2 8.5 6.9 9.0 7.3 9.1 7.3 4.7 8.0 5.0 Last period with smaller value 2022Q2 -0.6 2022Q1 1.3 2022Q2 -2.6 2022Q2 -2.8 2022Q2 -2.5 2022Q1 2.1 2022Q2 -14.1 2022Q2 -5.0 2022Q2 0.1 2020Q2 -42.9 2022Q2 -2.0 2020Q2 -9.3 2020Q2 -27.4 ............... ............... ............... ............... 2022Q2 13.8 2022Q2 15.5 2022Q1 1.6 2020Q2 -53.7 2020Q2 -49.3 2021Q1 -8.8 2022Q2 -1.6 2022Q2 -3.4 2022Q2 1.4 2022Q2 -9.2 2022Q2 -0.6 2020Q4 2021Q1 2020Q4 2021Q1 2020Q4 2020Q4 2021Q1 2021Q1 2021Q4 2.2 4.0 2.5 4.3 2.6 1.6 3.2 4.0 4.6 October 27, 2022 2022Q3 (Advance Estimate) Comparisons -- Contributions to Percent Change in Real Gross Domestic Product 2022Q3 contribution 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 Last period with equal value 2.6 2007Q2 0.97 -0.28 -0.07 -0.20 1.24 -1.59 -0.89 0.49 -0.41 0.54 0.36 -1.37 -0.70 2.77 1.63 1.34 0.29 1.14 1.20 -0.06 0.42 0.23 0.17 0.06 0.19 ............... 1954Q1 ............... 1980Q3 2006Q2 ............... ............... 2018Q3 ............... 2011Q4 1998Q4 ............... 2016Q1 ............... 2006Q4 ............... 1989Q4 1990Q4 ............... 2013Q2 1989Q4 1978Q3 2009Q3 2019Q3 2003Q3 Last period with larger value 2.6 2021Q4 ............... -0.28 ............... -0.20 1.24 ............... ............... 0.49 ............... 0.54 0.36 ............... -0.70 ............... 1.63 ............... 0.29 1.14 ............... -0.06 0.42 0.23 0.17 0.06 0.19 2022Q2 2022Q1 2022Q1 2021Q4 2022Q2 2022Q1 2022Q1 2022Q1 2022Q2 2022Q1 2022Q2 2022Q2 2022Q1 1980Q3 2021Q4 2021Q4 2022Q2 2020Q2 2020Q2 2021Q1 2021Q1 2021Q1 2020Q4 2021Q4 2021Q3 Last period with smaller value 7.0 2022Q2 1.38 -0.02 0.64 0.12 1.99 0.98 0.83 0.98 -0.34 0.55 0.46 -0.93 0.15 2.96 2.37 1.62 0.33 9.95 7.23 0.22 1.18 1.17 0.47 0.21 0.49 2022Q1 2022Q2 2022Q2 2022Q2 2022Q1 2022Q2 2022Q2 2022Q2 2020Q2 2022Q2 2020Q2 2007Q4 2022Q2 2022Q2 2022Q2 2022Q2 2022Q1 2022Q2 2022Q2 2022Q2 2022Q2 2022Q2 2022Q2 2022Q2 2022Q2 -0.6 0.91 -0.61 -0.24 -0.37 0.93 -2.83 -0.92 0.01 -1.60 -0.11 -0.46 -1.54 -1.91 1.16 1.51 1.18 0.06 -0.35 0.05 -0.41 -0.29 -0.22 0.05 -0.28 -0.06