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NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, THURSDAY, APRIL 21, 2016 Technical: Edward Morgan (202) 606-9541 Amanda Lyndaker (202) 606-5572 Media: Jeannine Aversa (202) 606-2649 E-mail inquiries: industryeconomicaccounts@bea.gov BEA 16-20 Information Services Led Growth in the Fourth Quarter Gross Domestic Product by Industry: Fourth Quarter and Annual 2015 Percent change from preceding period Information; construction; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2015. According to statistics on the breakout of gross domestic product (GDP) by industry released today by the Bureau of Economic Analysis (BEA), overall, 16 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the fourth quarter. 6.0 Real GDP and Real Value Added by Sector 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 2014:IV GDP 2015:I Private Goods 2015:II Private Services 2015:III 2015:IV Government U.S. Bureau of Economic Analysis • • • For the information industry group, real value added—a measure of an industry’s contribution to GDP—increased 10.6 percent in the fourth quarter, after increasing 0.4 percent in the third quarter. The fourth quarter growth primarily reflected an increase in broadcasting and telecommunications. Construction, which includes both residential and nonresidential structures, increased 7.6 percent, after increasing 7.1 percent. Professional, scientific, and technical services increased 3.9 percent, the same percent increase as the third quarter. This was the 11th consecutive quarter of growth for the Percent change from preceding period industry, which includes services such as legal services; architectural and engineering services; and scientific research and development services. 25 40 Real Value Added by Industry Agriculture, forestry, fishing, and hunting 35 20 Construction 15 Retail trade Information 10 Professional, scientific, and technical services 5 Health care and social assistance 0 2015 3rd Quarter U.S. Bureau of Economic Analysis 2015 4th Quarter Other highlights • • • Real GDP growth slowed to 1.4 percent in the fourth quarter, from 2.0 percent in the third quarter. Retail trade was the leading contributor to the deceleration in real GDP in the fourth quarter. Real value added for the industry group increased 0.3 percent, after increasing 7.1 percent in the third quarter. Agriculture, forestry, fishing, and hunting increased 1.1 percent, after increasing 37.5 percent and was the second leading contributor to the slowdown. The deceleration was primarily attributed to a notable slowdown in real gross output for the farm industry. Health care and social assistance increased 2.1 percent, after increasing 5.5 percent, primarily reflecting a deceleration in ambulatory health care services. Gross output by industry 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 in the fourth quarter. This reflected increases in real gross output for both the private services-producing sector and the government sector. The private goods-producing sector decreased. -2- Percent change from preceding period 15 Real Gross Output by Industry Agriculture, forestry, fishing, and hunting 10 Construction 5 Retail trade 0 Information Professional, scientific, and technical services -5 Health care and social assistance -10 2015 3rd Quarter U.S. Bureau of Economic Analysis • • • 2015 4th Quarter Real gross output for information services increased 10.8 percent, after increasing 1.7 percent in the third quarter. Retail trade decreased 5.2 percent, after increasing 7.4 percent. The decrease primarily reflected a decline in motor vehicle and parts dealers, which was the largest decrease since the second quarter of 2012. Health care and social assistance increased 1.5 percent, after increasing 7.9 percent. 2015 GDP by industry Real GDP increased 2.4 percent in 2015 (that is, from the 2014 annual level to the 2015 annual level), the same rate of increase in 2014. Both the private goods- and services-producing sectors contributed to the increase, while the government sector decreased. Growth was widespread, with 17 of 22 industry groups contributing to the increase. Professional, scientific, and technical services; information; and real estate and rental and leasing were the leading contributors to the increase in real GDP. • • • Professional, scientific, and technical services real value added increased 5.0 percent in 2015, after increasing 3.3 percent in 2014. This was the largest increase since 2008. Information services increased 6.3 percent, after increasing 3.9 percent. Transportation and warehousing services decreased 2.1 percent in 2015, after increasing 0.8 percent. -3- Percent change from preceding period 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 -0.5 -1.0 Real GDP and Real Value Added by Sector 2012 GDP 2013 Private Goods 2014 Private Services 2015 Government U.S. Bureau of Economic Analysis * * * BEA's national, international, regional, and industry estimates; BEA news releases; and related articles in the Survey of Current Business are available for free on BEA's Web site at www.bea.gov. The entire historical time series for these estimates, including 71 industry underlying detail, can be accessed in BEA's Interactive Data Application at www.bea.gov/iTable/index_industry_gdpIndy.cfm. Stay informed about BEA developments by signing up for our email subscription service or following us on Twitter @BEA_News. You also can access BEA data by registering for our Data Application Programming Interface, or API. (www.bea.gov/API/signup/index.cfm). * * * BEA's news release schedule is available at www.bea.gov/newsreleases/2016rd.htm. Next release -- July 21, 2016 at 8:30 A.M. EDT for: Gross Domestic Product by Industry: First Quarter 2016 -4- April 21, 2016 Table 1. Real Value Added by Industry Group: Percent Change from Preceding Period Seasonally adjusted at annual rates Line 2014 2015 2014 I 1 II 2015 III IV I II III IV Gross domestic product…………………………………………………………………………………… 2.4 2.4 ‐0.9 4.6 4.3 2.1 0.6 3.9 2.0 1.4 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……………………………………………………………………………………………………… 2.5 2.6 7.0 ‐4.0 0.9 1.6 1.6 1.6 3.3 1.8 0.8 3.9 2.3 2.3 2.4 4.2 3.3 6.9 4.3 2.1 1.9 2.2 3.0 3.0 3.0 2.5 ‐0.2 ‐0.9 0.2 2.8 8.9 5.1 ‐5.2 5.0 1.3 0.9 1.8 2.9 3.6 ‐2.1 6.3 1.8 1.4 2.0 4.8 5.0 5.2 4.0 2.9 ‐0.1 3.4 1.8 2.8 1.4 1.3 ‐0.3 ‐0.7 ‐0.2 ‐1.8 ‐27.9 ‐5.7 7.7 ‐3.8 ‐1.3 ‐3.7 1.4 ‐5.3 1.9 ‐6.6 ‐3.9 ‐3.4 ‐10.0 0.4 1.4 0.9 ‐0.8 3.9 2.4 5.8 1.9 2.4 1.4 2.8 1.3 2.0 5.9 0.2 4.9 25.0 10.4 ‐19.4 6.5 3.9 5.0 2.8 6.0 5.7 2.8 4.7 7.4 16.1 2.9 3.7 3.8 2.2 4.4 2.3 0.6 2.6 4.1 1.8 4.9 4.2 ‐0.1 ‐1.1 0.4 5.4 6.0 20.3 ‐1.4 0.1 ‐0.1 7.3 ‐8.0 10.8 3.0 5.7 ‐1.5 7.8 14.1 4.5 8.9 8.7 18.0 3.9 4.9 3.4 5.1 3.9 4.1 3.9 5.4 ‐0.4 ‐1.2 0.0 2.0 8.0 23.9 ‐1.5 5.7 1.7 1.9 1.4 2.7 ‐0.4 ‐3.1 6.7 ‐2.5 ‐10.3 2.1 3.3 2.4 2.3 5.9 3.8 ‐0.8 4.5 3.5 5.7 2.7 1.8 ‐0.5 ‐1.6 0.0 0.9 6.6 15.2 ‐15.3 1.4 0.8 ‐3.8 6.5 ‐1.0 5.4 ‐15.6 10.2 ‐0.3 ‐3.8 1.7 3.5 4.4 2.3 2.1 1.7 ‐1.4 2.2 ‐2.7 ‐1.3 ‐3.1 ‐2.2 ‐0.8 ‐0.2 ‐1.1 4.3 ‐3.9 ‐17.9 6.1 9.8 0.7 1.2 0.0 8.4 3.7 10.4 9.3 5.7 12.4 2.3 6.4 7.6 5.0 4.8 1.3 ‐3.3 2.1 2.6 1.2 3.1 2.0 0.1 ‐0.2 0.2 2.1 37.5 ‐8.3 ‐0.9 7.1 2.6 1.0 4.4 ‐5.8 7.1 1.1 0.4 ‐0.5 ‐1.3 ‐0.1 4.2 3.9 5.2 4.3 5.3 4.4 5.5 3.4 7.0 2.2 ‐0.4 0.4 ‐0.3 0.7 2.0 1.1 ‐10.7 ‐5.4 7.6 2.4 0.6 4.5 3.5 0.3 ‐2.9 10.6 ‐0.4 ‐3.1 1.2 3.8 3.9 5.9 2.4 1.9 0.3 2.1 2.6 5.7 1.6 3.9 ‐0.4 ‐0.3 ‐0.5 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………… 2.3 3.1 ‐4.3 6.5 2.9 5.5 2.7 0.2 4.2 2.2 32 Private services‐producing industries 2 …………………………………………………………………… 2.6 2.7 ‐1.0 4.4 6.2 1.0 0.4 5.5 1.5 1.9 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- April 21, 2016 Table 2. Contributions to Percent Change in Real GDP by Industry Group Seasonally adjusted at annual rates 2014 Line 2015 2014 I II 2015 III IV I II III IV 2.4 2.4 ‐0.9 4.6 4.3 2.1 0.6 3.9 2.0 1.4 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……………………………………………………………………………………………………… 2.18 0.04 0.18 ‐0.07 0.04 0.20 0.11 0.09 0.20 0.10 0.02 0.18 0.47 0.16 0.31 0.49 0.23 0.13 0.13 0.18 0.02 0.15 0.11 0.03 0.08 0.05 ‐0.02 ‐0.04 0.01 2.40 0.10 0.12 ‐0.09 0.19 0.17 0.07 0.11 0.18 0.21 ‐0.06 0.30 0.37 0.10 0.27 0.57 0.35 0.10 0.12 0.24 0.00 0.24 0.07 0.03 0.04 0.03 ‐0.04 ‐0.03 ‐0.01 ‐1.55 ‐0.40 ‐0.16 0.12 ‐0.15 ‐0.16 ‐0.24 0.08 ‐0.32 0.11 ‐0.20 ‐0.19 ‐0.68 ‐0.73 0.05 0.16 0.06 ‐0.02 0.11 0.20 0.06 0.13 0.09 0.01 0.08 0.03 0.26 0.24 0.02 4.21 0.29 0.27 ‐0.35 0.24 0.48 0.32 0.16 0.35 0.33 0.08 0.22 1.44 1.06 0.38 0.43 0.26 0.04 0.13 0.19 0.01 0.18 0.15 0.02 0.13 0.09 ‐0.01 ‐0.05 0.03 4.69 0.08 0.50 ‐0.02 0.00 0.00 0.46 ‐0.47 0.63 0.18 0.17 ‐0.07 1.54 0.96 0.57 1.03 0.58 0.33 0.12 0.40 0.04 0.36 0.15 0.04 0.11 0.12 ‐0.05 ‐0.05 0.00 1.73 0.09 0.55 ‐0.02 0.22 0.20 0.12 0.08 0.16 ‐0.03 ‐0.09 0.31 ‐0.51 ‐0.78 0.27 0.38 0.16 0.05 0.18 0.30 ‐0.01 0.31 0.13 0.06 0.08 0.04 ‐0.07 ‐0.07 0.00 0.80 0.07 0.32 ‐0.27 0.06 0.10 ‐0.26 0.35 ‐0.06 0.30 ‐0.51 0.46 ‐0.06 ‐0.28 0.22 0.41 0.30 0.04 0.06 0.14 ‐0.02 0.15 ‐0.10 ‐0.01 ‐0.09 ‐0.05 ‐0.10 ‐0.01 ‐0.10 3.76 ‐0.04 ‐0.37 0.10 0.37 0.09 0.09 0.00 0.50 0.21 0.30 0.43 1.14 0.84 0.30 0.77 0.52 0.10 0.15 0.11 ‐0.04 0.15 0.10 0.01 0.09 0.05 0.01 ‐0.01 0.02 1.82 0.35 ‐0.15 ‐0.01 0.27 0.31 0.07 0.24 ‐0.36 0.40 0.03 0.02 ‐0.11 ‐0.09 ‐0.02 0.51 0.27 0.10 0.13 0.43 0.05 0.38 0.13 0.07 0.06 ‐0.01 0.05 ‐0.01 0.07 1.70 0.01 ‐0.17 ‐0.09 0.30 0.29 0.04 0.24 0.20 0.02 ‐0.09 0.49 ‐0.07 ‐0.22 0.15 0.46 0.27 0.12 0.07 0.16 0.00 0.15 0.10 0.06 0.05 0.08 ‐0.05 ‐0.01 ‐0.04 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………… 0.45 0.59 ‐0.87 1.27 0.58 1.06 0.54 0.05 0.78 0.42 32 Private services‐producing industries 2 …………………………………………………………………… 1.74 1.81 ‐0.68 2.94 4.10 0.68 0.26 3.71 1.04 1.28 1 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- April 21, 2016 Table 3. Chain‐Type Price Indexes for Value Added by Industry Group: Percent Change from Preceding Period Line 2014 2015 2014 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…………………………………………………………………………………………………… 31 32 Addenda: Private goods‐producing industries1………………………………………………………………… Private services‐producing industries2……………………………………………………………… II Seasonally adjusted at annual rates 2015 III IV I II 1.6 0.1 0.1 2.1 1.6 1.0 1.5 2.2 1.8 ‐6.9 ‐3.8 8.2 6.1 2.0 2.3 1.5 0.8 1.3 3.7 0.0 2.9 4.0 2.3 1.1 1.6 ‐1.8 2.1 1.2 2.4 1.0 2.5 1.9 2.7 2.6 2.4 2.3 2.5 0.9 ‐16.3 ‐36.4 8.3 2.8 2.0 3.5 0.3 0.5 1.6 6.6 ‐1.0 2.9 2.9 2.9 1.7 1.4 1.5 2.7 2.1 4.0 1.8 4.7 3.5 5.2 3.5 2.5 2.2 2.6 2.2 17.2 18.8 12.9 7.2 ‐2.5 2.1 ‐7.6 3.8 ‐4.3 2.5 2.6 2.6 3.6 2.0 2.5 2.8 3.0 1.6 0.2 1.6 0.0 0.9 2.7 0.3 2.1 0.5 ‐2.3 1.8 2.6 27.8 1.1 11.9 2.2 2.8 0.9 5.0 ‐0.3 2.1 6.0 ‐1.1 3.2 3.8 2.8 0.8 0.2 ‐1.4 3.5 1.8 3.2 1.6 3.1 1.2 3.7 2.7 2.7 2.5 2.9 1.0 ‐27.4 ‐21.0 2.8 7.8 5.8 2.5 9.8 ‐2.7 2.3 1.4 0.4 2.2 2.6 1.9 1.5 2.4 ‐3.5 3.0 1.3 0.5 1.4 3.2 1.4 3.9 2.4 3.0 2.4 3.2 0.3 ‐11.8 ‐43.6 6.1 5.0 ‐0.4 2.6 ‐3.8 1.2 8.4 10.1 ‐2.9 1.6 0.3 2.3 2.0 1.0 4.8 2.2 1.8 4.0 1.4 3.3 ‐0.7 4.8 3.6 2.0 1.5 2.3 ‐0.4 ‐34.3 ‐67.7 25.4 2.8 1.5 7.0 ‐4.6 2.5 ‐3.7 21.0 ‐2.6 3.3 3.4 3.3 2.8 2.3 3.3 3.6 1.8 6.1 1.1 8.5 8.3 8.5 4.1 3.1 3.2 3.1 1.3 2.0 ‐4.3 2.4 3.1 1.9 3.9 2.2 ‐0.4 1.4 ‐7.1 2.5 ‐12.6 3.4 III IV 1.3 0.9 2.3 ‐2.5 27.1 ‐3.2 ‐2.3 4.6 2.9 6.7 ‐1.3 1.1 ‐6.5 0.0 4.3 5.8 3.5 0.6 ‐0.1 0.4 2.5 3.0 4.6 2.7 3.5 6.0 2.6 3.7 2.0 1.5 2.2 1.3 ‐3.1 ‐36.3 5.2 3.1 1.5 2.1 0.9 2.0 1.9 1.0 2.6 2.7 2.4 2.9 1.6 1.9 1.8 0.9 2.5 2.6 2.4 4.3 1.8 5.2 3.6 2.1 2.1 2.1 0.4 ‐22.0 ‐30.4 2.3 3.0 ‐3.8 1.5 ‐9.7 0.5 2.3 7.6 ‐1.2 2.5 0.9 3.4 1.8 1.4 0.8 3.2 3.3 4.7 3.0 3.6 0.1 4.8 3.2 2.3 3.0 2.0 4.7 1.7 ‐2.7 2.5 ‐6.1 2.3 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- April 21, 2016 Table 4. Contributions to Percent Change in the GDP Price Index by Industry Group Seasonally adjusted at annual rates Line 2014 2015 2014 I II 2015 III IV I II III IV 1.6 1.0 1.5 2.2 1.6 0.1 0.1 2.1 1.3 0.9 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……………………………………………………………………………………………………… 1.59 ‐0.09 ‐0.10 0.13 0.23 0.24 0.15 0.09 0.05 0.08 0.11 0.00 0.57 0.27 0.30 0.14 0.11 ‐0.04 0.06 0.10 0.03 0.07 0.09 0.02 0.07 0.06 0.32 0.09 0.23 0.75 ‐0.21 ‐0.98 0.13 0.11 0.23 0.22 0.01 0.03 0.09 0.19 ‐0.05 0.58 0.20 0.38 0.21 0.09 0.03 0.08 0.17 0.04 0.13 0.18 0.03 0.14 0.08 0.32 0.09 0.23 1.57 0.18 0.42 0.18 0.24 ‐0.35 0.12 ‐0.47 0.21 ‐0.28 0.06 0.12 0.45 0.22 0.23 0.27 0.17 0.05 0.05 0.01 0.02 ‐0.01 0.03 0.02 0.00 0.04 0.37 0.22 0.15 2.37 0.33 0.03 0.19 0.08 0.38 0.06 0.32 ‐0.02 0.15 0.18 ‐0.05 0.65 0.27 0.38 0.10 0.02 ‐0.03 0.11 0.16 0.04 0.12 0.12 0.01 0.11 0.06 0.22 ‐0.04 0.27 1.03 ‐0.39 ‐0.61 0.05 0.30 0.71 0.16 0.55 ‐0.16 0.14 0.05 0.02 0.45 0.20 0.25 0.19 0.17 ‐0.07 0.09 0.11 0.01 0.10 0.12 0.01 0.11 0.05 0.25 ‐0.05 0.30 0.34 ‐0.15 ‐1.42 0.10 0.19 ‐0.03 0.17 ‐0.21 0.08 0.48 0.29 ‐0.14 0.34 0.03 0.31 0.24 0.08 0.10 0.07 0.15 0.04 0.10 0.13 ‐0.01 0.14 0.08 0.15 ‐0.06 0.21 ‐0.21 ‐0.48 ‐2.38 0.37 0.11 0.21 0.45 ‐0.25 0.15 ‐0.21 0.58 ‐0.12 0.67 0.24 0.43 0.34 0.16 0.06 0.11 0.15 0.07 0.08 0.32 0.08 0.24 0.09 0.27 ‐0.01 0.28 2.02 ‐0.03 0.45 ‐0.05 ‐0.09 0.55 0.19 0.36 ‐0.08 0.06 ‐0.20 0.00 0.86 0.40 0.46 0.08 ‐0.01 0.01 0.08 0.25 0.05 0.20 0.14 0.06 0.08 0.08 0.25 0.06 0.19 1.14 ‐0.04 ‐0.79 0.08 0.12 0.19 0.14 0.05 0.12 0.11 0.03 0.13 0.54 0.17 0.38 0.20 0.13 0.04 0.03 0.20 0.03 0.17 0.16 0.02 0.15 0.08 0.27 0.08 0.19 0.38 ‐0.27 ‐0.55 0.04 0.12 ‐0.47 0.09 ‐0.56 0.03 0.13 0.22 ‐0.06 0.51 0.06 0.45 0.21 0.10 0.02 0.10 0.27 0.05 0.22 0.14 0.00 0.14 0.07 0.30 0.12 0.18 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………… 0.27 ‐0.86 0.49 0.82 0.01 ‐1.41 ‐2.54 0.88 ‐0.52 ‐1.17 32 Private services‐producing industries 2 …………………………………………………………………… 1.32 1.61 1.08 1.54 1.02 1.75 2.33 1.14 1.66 1.55 1 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- April 21, 2016 Table 5. Value Added by Industry Group Line 1 Billions of dollars Seasonally adjusted at annual rates 2014 2015 2014 2015 I II III IV I II III IV Gross domestic product……………………………………………………………………………………17,348.1 17,947.0 16,984.3 17,270.0 17,522.1 17,615.9 17,649.3 17,913.7 18,060.2 18,164.8 2 Private industries………………………………………………………………………………………………… 15,073.5 15,623.4 14,729.9 15,000.9 15,238.9 15,324.2 15,344.3 15,597.1 15,729.3 15,822.9 3 Agriculture, forestry, fishing, and hunting……………………………………………………………… 215.4 196.0 204.6 229.7 215.0 212.3 194.2 191.1 205.3 193.4 4 Mining…………………………………………………………………………………………………………………… 453.8 304.9 456.6 469.8 464.2 424.4 331.6 335.1 292.9 260.0 5 Utilities………………………………………………………………………………………………………………… 280.8 288.3 285.0 277.8 278.7 281.8 286.0 287.9 290.9 288.5 6 Construction………………………………………………………………………………………………………… 664.0 716.9 643.0 656.7 669.3 687.0 694.2 706.5 724.1 743.0 7 Manufacturing……………………………………………………………………………………………………… 2,097.7 2,167.8 2,055.6 2,090.1 2,119.2 2,125.9 2,138.1 2,165.8 2,187.7 2,179.4 8 Durable goods…………………………………………………………………………………………………… 1,125.5 1,175.3 1,097.2 1,113.0 1,139.6 1,152.2 1,160.4 1,172.2 1,181.2 1,187.5 9 Nondurable goods……………………………………………………………………………………………… 972.2 992.4 958.5 977.1 979.6 973.7 977.7 993.5 1,006.5 992.0 10 Wholesale trade…………………………………………………………………………………………………… 1,044.5 1,080.4 1,021.4 1,035.6 1,055.3 1,065.6 1,069.5 1,087.8 1,077.0 1,087.4 11 Retail trade…………………………………………………………………………………………………………… 997.8 1,049.7 972.3 991.0 1,004.2 1,023.5 1,027.3 1,039.5 1,062.6 1,069.5 12 Transportation and warehousing…………………………………………………………………………… 505.7 527.7 491.2 501.8 510.7 519.1 521.7 525.9 528.6 534.4 13 Information…………………………………………………………………………………………………………… 824.7 868.0 818.7 825.9 823.6 830.8 845.6 864.7 871.0 890.7 14 Finance, insurance, real estate, rental, and leasing……………………………………………… 3,470.6 3,635.6 3,365.2 3,452.2 3,536.5 3,528.3 3,554.7 3,642.9 3,662.5 3,682.2 15 Finance and insurance………………………………………………………………………………………… 1,222.9 1,275.5 1,164.9 1,220.5 1,269.7 1,236.5 1,234.7 1,289.2 1,292.6 1,285.3 16 Real estate and rental and leasing……………………………………………………………………… 2,247.7 2,360.1 2,200.3 2,231.8 2,266.8 2,291.8 2,320.1 2,353.7 2,369.9 2,396.9 17 Professional and business services………………………………………………………………………… 2,057.0 2,192.4 2,007.9 2,029.9 2,081.5 2,108.5 2,141.2 2,178.2 2,209.8 2,240.4 18 Professional, scientific, and technical services…………………………………………………… 1,193.0 1,269.8 1,165.8 1,177.4 1,209.2 1,219.5 1,239.8 1,262.2 1,280.3 1,297.0 19 Management of companies and enterprises……………………………………………………… 337.9 360.9 330.6 331.1 342.0 348.0 352.8 357.5 363.7 369.7 20 Administrative and waste management services………………………………………………… 526.0 561.6 511.4 521.4 530.4 541.0 548.6 558.5 565.8 573.7 21 Educational services, health care, and social assistance………………………………………… 1,419.6 1,491.9 1,393.3 1,407.7 1,429.0 1,448.6 1,461.1 1,476.8 1,505.2 1,524.4 22 Educational services…………………………………………………………………………………………… 192.8 200.3 190.1 191.9 193.8 195.3 197.5 198.0 201.5 204.0 23 Health care and social assistance……………………………………………………………………… 1,226.9 1,291.6 1,203.2 1,215.7 1,235.2 1,253.3 1,263.6 1,278.8 1,303.7 1,320.4 24 Arts, entertainment, recreation, accommodation, and food services…………………… 660.3 703.8 643.3 654.6 666.1 677.4 686.6 697.0 710.3 721.3 25 Arts, entertainment, and recreation…………………………………………………………………… 172.4 183.3 169.7 171.0 173.3 175.4 178.3 181.5 185.4 188.1 26 Accommodation and food services…………………………………………………………………… 488.0 520.5 473.6 483.6 492.8 502.0 508.3 515.5 524.9 533.2 27 Other services, except government……………………………………………………………………… 381.6 400.0 371.9 378.2 385.5 390.7 392.5 398.1 401.2 408.3 28 Government………………………………………………………………………………………………………… 2,274.6 2,323.6 2,254.4 2,269.1 2,283.2 2,291.8 2,305.0 2,316.5 2,330.9 2,341.9 29 Federal………………………………………………………………………………………………………………… 718.0 729.1 715.3 717.7 719.6 719.3 724.7 726.9 730.0 734.9 30 State and local……………………………………………………………………………………………………… 1,556.6 1,594.5 1,539.0 1,551.4 1,563.6 1,572.4 1,580.3 1,589.6 1,600.9 1,607.0 Addenda: Private goods‐producing industries1 ……………………………………………………………………… 3,430.9 3,385.6 3,359.8 3,446.3 3,467.7 3,449.7 3,358.0 3,398.4 3,410.0 3,375.9 2 32 Private services‐producing industries …………………………………………………………………… 11,642.6 12,237.8 11,370.1 11,554.7 11,771.1 11,874.4 11,986.3 12,198.7 12,319.3 12,447.1 31 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 -9- April 21, 2016 Table 5a. Value Added by Industry Group as a Percentage of GDP Line 2014 2015 2014 II III 100.0 100.0 Gross domestic product…………………………………………………………………………………… 100.0 100.0 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……………………………………………………………………………………………………… 86.9 1.2 2.6 1.6 3.8 12.1 6.5 5.6 6.0 5.8 2.9 4.8 20.0 7.0 13.0 11.9 6.9 1.9 3.0 8.2 1.1 7.1 3.8 1.0 2.8 2.2 13.1 4.1 9.0 87.1 1.1 1.7 1.6 4.0 12.1 6.5 5.5 6.0 5.8 2.9 4.8 20.3 7.1 13.2 12.2 7.1 2.0 3.1 8.3 1.1 7.2 3.9 1.0 2.9 2.2 12.9 4.1 8.9 86.7 1.2 2.7 1.7 3.8 12.1 6.5 5.6 6.0 5.7 2.9 4.8 19.8 6.9 13.0 11.8 6.9 1.9 3.0 8.2 1.1 7.1 3.8 1.0 2.8 2.2 13.3 4.2 9.1 86.9 1.3 2.7 1.6 3.8 12.1 6.4 5.7 6.0 5.7 2.9 4.8 20.0 7.1 12.9 11.8 6.8 1.9 3.0 8.2 1.1 7.0 3.8 1.0 2.8 2.2 13.1 4.2 9.0 87.0 1.2 2.6 1.6 3.8 12.1 6.5 5.6 6.0 5.7 2.9 4.7 20.2 7.2 12.9 11.9 6.9 2.0 3.0 8.2 1.1 7.0 3.8 1.0 2.8 2.2 13.0 4.1 8.9 87.0 1.2 2.4 1.6 3.9 12.1 6.5 5.5 6.0 5.8 2.9 4.7 20.0 7.0 13.0 12.0 6.9 2.0 3.1 8.2 1.1 7.1 3.8 1.0 2.8 2.2 13.0 4.1 8.9 86.9 1.1 1.9 1.6 3.9 12.1 6.6 5.5 6.1 5.8 3.0 4.8 20.1 7.0 13.1 12.1 7.0 2.0 3.1 8.3 1.1 7.2 3.9 1.0 2.9 2.2 13.1 4.1 9.0 87.1 1.1 1.9 1.6 3.9 12.1 6.5 5.5 6.1 5.8 2.9 4.8 20.3 7.2 13.1 12.2 7.0 2.0 3.1 8.2 1.1 7.1 3.9 1.0 2.9 2.2 12.9 4.1 8.9 87.1 1.1 1.6 1.6 4.0 12.1 6.5 5.6 6.0 5.9 2.9 4.8 20.3 7.2 13.1 12.2 7.1 2.0 3.1 8.3 1.1 7.2 3.9 1.0 2.9 2.2 12.9 4.0 8.9 87.1 1.1 1.4 1.6 4.1 12.0 6.5 5.5 6.0 5.9 2.9 4.9 20.3 7.1 13.2 12.3 7.1 2.0 3.2 8.4 1.1 7.3 4.0 1.0 2.9 2.2 12.9 4.0 8.8 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………… 19.8 18.9 19.8 20.0 19.8 19.6 19.0 19.0 18.9 18.6 32 Private services‐producing industries 2 …………………………………………………………………… 67.1 68.2 66.9 66.9 67.2 67.4 67.9 68.1 68.2 68.5 1 IV 100.0 I 100.0 2015 II III 100.0 100.0 I 100.0 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 - 10 - IV 100.0 April 21, 2016 Table 6. Real Gross Output by Industry Group: Percent Change from Preceding Period Seasonally adjusted at annual rates Line 2014 2015 2014 I 1 II 2015 III IV I II III IV All industries…………………………………………………………………………………………………… 3.1 2.5 1.3 4.6 4.2 2.6 1.2 3.1 2.5 0.8 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……………………………………………………………………………………………………… 3.6 2.1 9.9 ‐0.2 3.1 3.2 5.6 1.2 4.4 1.2 4.4 5.4 2.8 1.6 3.7 5.0 3.7 7.6 6.3 3.0 1.4 3.2 3.7 3.2 3.8 4.2 ‐0.5 ‐2.2 0.4 2.8 2.6 ‐9.6 ‐5.6 8.5 2.7 2.0 3.5 ‐0.6 2.6 1.9 4.2 2.2 1.9 2.3 3.7 3.1 4.2 4.5 5.3 1.7 5.8 4.5 3.3 4.9 2.7 0.6 ‐0.1 0.9 1.3 ‐5.8 20.3 12.5 1.7 2.7 5.1 0.4 ‐6.6 ‐3.7 4.1 3.9 2.0 ‐0.5 3.9 1.5 ‐3.6 9.4 8.2 ‐2.3 0.9 ‐2.8 ‐0.5 ‐0.6 ‐0.5 0.7 1.0 2.9 0.1 5.1 7.2 21.3 ‐20.7 4.0 4.1 5.8 2.5 9.3 7.1 4.8 4.3 3.5 3.0 3.8 5.9 9.4 ‐0.2 2.5 6.4 1.3 7.2 7.0 ‐2.5 10.3 9.9 0.1 ‐1.5 0.9 4.5 1.0 4.9 ‐7.1 ‐0.6 6.1 14.3 ‐0.9 7.5 3.7 5.2 3.3 3.0 0.0 5.1 5.5 7.2 9.0 ‐0.5 6.6 1.8 7.3 5.5 6.6 5.1 4.9 1.8 4.5 0.5 3.1 6.6 ‐8.1 6.5 7.7 ‐0.6 ‐3.1 1.9 3.7 ‐4.6 9.1 6.7 3.6 4.0 3.3 5.9 3.8 6.1 10.8 6.1 3.6 6.5 4.8 1.8 5.8 5.8 ‐1.4 ‐5.7 0.7 1.2 0.1 ‐9.7 ‐3.6 5.7 3.0 ‐1.2 7.5 ‐8.7 2.6 ‐4.1 1.9 2.9 5.1 1.3 ‐0.2 ‐2.0 0.7 3.3 5.3 0.6 6.0 3.0 2.7 3.1 ‐5.3 1.3 2.1 0.9 3.4 ‐4.0 ‐26.0 ‐16.2 23.5 3.0 2.6 3.4 2.7 7.6 ‐0.6 5.0 1.6 2.3 1.0 4.6 4.0 3.8 6.4 3.5 2.0 3.8 6.8 4.1 7.7 11.0 0.7 ‐0.1 1.1 2.7 12.6 ‐7.6 7.2 7.6 4.8 4.6 5.0 ‐6.6 7.4 6.3 1.7 ‐1.5 ‐6.4 2.1 4.8 4.6 5.5 5.0 6.9 ‐0.1 7.9 0.6 0.4 0.6 ‐4.9 1.0 ‐0.3 1.6 0.8 1.7 ‐17.2 ‐17.0 4.9 ‐1.0 ‐2.7 0.7 ‐1.9 ‐5.2 ‐3.6 10.8 1.6 2.1 1.2 2.2 2.9 6.7 ‐2.4 1.6 2.7 1.5 7.1 13.7 5.1 7.9 1.0 1.6 0.8 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………… 3.7 2.8 3.3 5.5 4.8 0.4 2.4 3.6 5.0 ‐0.8 32 Private services‐producing industries 2 …………………………………………………………………… 3.5 2.8 0.4 5.0 4.4 4.4 0.7 3.3 1.8 1.4 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 - April 21, 2016 Table 7. Chain‐Type Price Indexes for Gross Output by Industry Group: Percent Change from Preceding Period Seasonally adjusted at annual rates Line 2014 2015 2014 I 2015 All industries…………………………………………………………………………………………………… 1.6 ‐1.2 3.0 2.1 0.6 ‐1.7 ‐4.8 1.4 III ‐0.1 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……………………………………………………………………………………………………… 1.5 ‐0.7 ‐2.2 6.6 3.5 0.7 1.2 0.2 1.0 1.3 1.8 0.5 2.7 3.2 2.3 1.2 1.5 ‐0.5 1.7 1.6 2.5 1.4 2.4 1.9 2.5 2.2 2.1 1.9 2.1 ‐1.4 ‐9.4 ‐29.5 ‐1.0 1.0 ‐6.4 ‐0.2 ‐12.2 0.5 1.3 ‐1.7 ‐0.2 2.3 2.3 2.3 1.2 1.1 0.9 1.5 1.3 2.1 1.1 2.5 2.3 2.6 2.1 0.6 0.9 0.5 3.2 14.4 18.0 18.7 4.2 2.8 1.8 3.7 3.5 ‐1.8 2.4 2.7 2.7 3.4 2.3 2.5 2.6 3.2 2.0 1.6 3.0 1.4 2.6 3.0 2.5 2.5 1.6 ‐0.6 2.7 2.1 17.3 ‐0.3 4.9 1.5 2.0 0.9 3.1 0.3 1.9 3.4 ‐0.5 2.6 2.7 2.5 1.1 0.9 ‐0.5 2.6 1.9 3.2 1.7 3.0 1.1 3.6 2.0 2.3 2.3 2.3 0.4 ‐13.0 ‐16.7 ‐2.2 4.7 0.3 1.7 ‐1.1 ‐1.4 2.0 0.0 1.2 2.1 2.5 1.9 1.3 1.8 ‐1.5 2.0 1.4 0.8 1.5 2.6 1.5 2.9 2.1 2.2 1.9 2.3 ‐1.9 ‐6.4 ‐34.6 ‐0.6 2.6 ‐7.8 0.2 ‐14.9 1.1 5.8 ‐1.8 ‐1.4 1.3 0.6 1.8 1.3 1.0 2.5 1.2 1.4 2.3 1.3 2.4 ‐0.3 3.3 2.3 ‐0.3 ‐0.3 ‐0.2 ‐5.3 ‐20.8 ‐58.0 ‐0.4 ‐0.5 ‐16.0 0.0 ‐29.5 1.3 ‐2.7 ‐4.3 ‐1.2 2.4 2.7 2.2 1.3 1.2 1.5 1.3 0.2 2.4 ‐0.1 3.1 4.5 2.7 1.8 ‐1.1 0.2 ‐1.7 1.4 ‐2.9 16.8 ‐4.6 ‐0.9 0.4 ‐1.2 2.1 ‐0.6 1.3 ‐1.5 0.5 3.7 4.8 3.0 0.9 0.4 0.9 2.0 2.0 2.4 2.0 2.2 4.6 1.4 2.7 1.8 1.5 1.9 ‐0.3 ‐5.3 ‐28.1 3.1 1.0 ‐4.2 ‐1.4 ‐7.0 1.7 1.6 ‐1.0 1.8 2.2 1.7 2.5 1.2 1.4 1.3 0.7 1.6 1.8 1.5 2.5 1.1 3.0 2.0 1.3 1.2 1.3 ‐1.6 ‐13.4 ‐25.4 ‐4.0 0.6 ‐6.6 ‐2.0 ‐11.2 ‐0.2 1.0 ‐1.2 ‐0.9 1.2 ‐0.6 2.4 0.8 0.7 0.0 1.5 1.5 2.3 1.4 1.1 ‐0.1 1.4 1.2 0.3 1.1 ‐0.1 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………… 0.8 ‐7.3 4.7 2.6 ‐1.4 ‐8.7 ‐17.9 0.8 ‐4.9 ‐6.8 32 Private services‐producing industries 2 …………………………………………………………………… 1.8 1.3 2.5 1.8 1.3 1.3 0.7 1.6 1.7 0.6 1 II III IV I II 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 - IV ‐1.4 April 21, 2016 Table 8. Gross Output by Industry Group Line 1 Billions of dollars Seasonally adjusted at annual rates 2014 2015 2014 2015 I II III IV I II III IV All industries…………………………………………………………………………………………………… 30,971.0 31,386.5 30,392.3 30,893.7 31,264.6 31,333.6 31,044.1 31,391.7 31,578.7 31,531.5 2 Private industries………………………………………………………………………………………………… 27,532.9 27,907.0 26,982.8 27,463.6 27,800.8 27,884.2 27,593.4 27,919.5 28,087.0 28,028.2 3 Agriculture, forestry, fishing, and hunting……………………………………………………………… 488.8 454.2 476.0 503.9 487.8 487.6 460.1 452.0 459.4 445.1 4 Mining…………………………………………………………………………………………………………………… 666.5 425.9 673.8 706.9 683.5 601.9 472.4 455.4 411.2 364.5 5 Utilities………………………………………………………………………………………………………………… 417.8 390.9 436.0 416.3 406.5 412.3 408.1 385.9 395.6 373.8 6 Construction………………………………………………………………………………………………………… 1,204.0 1,319.6 1,178.5 1,194.3 1,206.3 1,237.1 1,252.6 1,317.3 1,345.1 1,363.4 7 Manufacturing……………………………………………………………………………………………………… 6,178.1 5,940.3 6,094.4 6,186.6 6,283.6 6,147.7 5,929.1 5,978.9 5,985.1 5,868.1 8 Durable goods…………………………………………………………………………………………………… 2,974.4 3,027.4 2,887.7 2,935.3 3,048.3 3,026.1 3,016.8 3,027.0 3,050.9 3,015.0 9 Nondurable goods……………………………………………………………………………………………… 3,203.7 2,912.9 3,206.7 3,251.3 3,235.3 3,121.6 2,912.3 2,952.0 2,934.2 2,853.1 10 Wholesale trade…………………………………………………………………………………………………… 1,576.8 1,574.0 1,533.6 1,569.6 1,592.5 1,611.6 1,580.2 1,588.4 1,567.8 1,559.8 11 Retail trade…………………………………………………………………………………………………………… 1,550.3 1,610.3 1,513.4 1,546.9 1,568.5 1,572.1 1,571.5 1,605.5 1,641.2 1,623.1 12 Transportation and warehousing…………………………………………………………………………… 1,069.0 1,071.3 1,041.6 1,063.0 1,076.4 1,095.0 1,071.9 1,066.3 1,080.1 1,067.0 13 Information…………………………………………………………………………………………………………… 1,510.8 1,571.2 1,487.1 1,501.1 1,517.8 1,537.1 1,539.8 1,560.3 1,573.8 1,611.0 14 Finance, insurance, real estate, rental, and leasing……………………………………………… 5,298.9 5,539.0 5,190.9 5,268.7 5,335.7 5,400.2 5,471.1 5,543.0 5,552.0 5,589.8 15 Finance and insurance………………………………………………………………………………………… 2,181.7 2,274.8 2,146.1 2,176.4 2,189.7 2,214.5 2,257.0 2,296.8 2,268.6 2,276.9 16 Real estate and rental and leasing……………………………………………………………………… 3,117.2 3,264.1 3,044.8 3,092.3 3,146.0 3,185.7 3,214.1 3,246.3 3,283.3 3,312.9 17 Professional and business services………………………………………………………………………… 3,336.6 3,499.4 3,252.5 3,307.7 3,363.0 3,423.2 3,432.2 3,478.4 3,530.5 3,556.5 18 Professional, scientific, and technical services…………………………………………………… 1,898.8 1,979.3 1,837.7 1,883.6 1,925.5 1,948.5 1,944.5 1,965.6 1,994.8 2,012.5 19 Management of companies and enterprises……………………………………………………… 598.4 629.4 590.8 589.7 600.2 612.9 616.2 623.3 633.8 644.1 20 Administrative and waste management services………………………………………………… 839.4 890.7 824.0 834.4 837.4 861.8 871.5 889.5 902.0 899.9 21 Educational services, health care, and social assistance………………………………………… 2,407.0 2,566.6 2,337.0 2,384.5 2,430.9 2,475.7 2,509.3 2,543.8 2,596.5 2,616.8 22 Educational services…………………………………………………………………………………………… 319.9 332.2 315.1 318.6 320.6 325.3 327.7 331.3 332.7 336.9 23 Health care and social assistance……………………………………………………………………… 2,087.1 2,234.4 2,021.9 2,065.9 2,110.3 2,150.4 2,181.5 2,212.5 2,263.8 2,279.9 24 Arts, entertainment, recreation, accommodation, and food services…………………… 1,186.8 1,271.9 1,148.6 1,176.7 1,200.1 1,221.7 1,240.2 1,267.5 1,277.2 1,302.8 25 Arts, entertainment, and recreation…………………………………………………………………… 294.1 310.9 291.7 290.7 296.5 297.6 303.0 309.4 310.6 320.6 26 Accommodation and food services…………………………………………………………………… 892.7 961.0 857.0 886.0 903.6 924.1 937.2 958.1 966.6 982.2 27 Other services, except government……………………………………………………………………… 641.5 672.4 619.5 637.3 648.3 661.1 655.0 676.7 671.5 686.5 28 Government………………………………………………………………………………………………………… 3,438.2 3,479.5 3,409.5 3,430.1 3,463.8 3,449.4 3,450.7 3,472.2 3,491.7 3,503.3 29 Federal………………………………………………………………………………………………………………… 1,094.2 1,102.7 1,088.4 1,090.4 1,107.5 1,090.5 1,096.7 1,100.6 1,103.1 1,110.6 30 State and local……………………………………………………………………………………………………… 2,344.0 2,376.7 2,321.1 2,339.6 2,356.2 2,358.9 2,354.0 2,371.6 2,388.6 2,392.7 Addenda: Private goods‐producing industries1 ……………………………………………………………………… 8,537.5 8,139.9 8,422.7 8,591.7 8,661.2 8,474.2 8,114.2 8,203.7 8,200.8 8,041.0 2 32 Private services‐producing industries …………………………………………………………………… 18,995.4 19,767.1 18,560.1 18,872.0 19,139.6 19,410.0 19,479.3 19,715.8 19,886.2 19,987.2 31 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 -