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NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, THURSDAY, JULY 23, 2015 Technical: Edward Morgan (202) 606-9541 Erich Strassner (202) 606-9539 Media: Jeannine Aversa (202) 606-2649 E-mail inquiries: industryeconomicaccounts@bea.gov BEA 15-34 Nondurable Goods Manufacturing Led the Downturn in First Quarter Gross Domestic Product by Industry: First Quarter 2015 Percent change from preceding period A deceleration in nondurable goods manufacturing and downturns in both professional, scientific, and technical services and wholesale trade were the leading contributors to the downturn in U.S. economic growth in the first quarter of 2015, according to statistics on the breakout of GDP by industry released today by the Bureau of Economic Analysis (BEA). Overall, 15 of 22 industry groups contributed to the downturn in the first quarter. 8.0 Real GDP and Real Value Added by Sector 6.0 4.0 2.0 0.0 -2.0 -4.0 -6.0 -8.0 2014:I GDP 2014:II Private Goods 2014:III Private Services 2014:IV 2015:I Government U.S. Bureau of Economic Analysis • • • Nondurable goods manufacturing real value added—a measure of an industry’s contribution to GDP—decelerated significantly, increasing 0.2 percent in the first quarter, after a larger increase of 9.7 percent in the fourth quarter of 2014. Professional, scientific, and technical services decreased 0.6 percent, after increasing 6.5 percent. This was the first decrease after seven consecutive quarters of growth for the industry. Wholesale trade decreased 3.4 percent, after increasing 4.5 percent. Percent change from preceding period 10 Real Value Added by Industry Utilities 5 Nondurable goods 0 Wholesale trade -5 Retail trade -10 Transportation and warehousing -15 Professional, scientific, and technical services -20 2014 4th Quarter U.S. Bureau of Economic Analysis 2015 1st Quarter Other highlights • • • Transportation and warehousing services decreased 17.3 percent, after decreasing 4.1 percent. This was the largest decrease since the first quarter of 2009. Utilities decreased 18.4 percent, after decreasing 0.5 percent in the fourth quarter. This was the largest decrease since the first quarter of 2014. Retail trade increased 8.7 percent, after decreasing 0.6 percent. The industry group contributed the largest positive offset to the decrease in real GDP in the first quarter. Gross output by industry Percent change from preceding period Real gross output—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)—decelerated in the first quarter. This reflected a downturn in real gross output for the private servicesproducing sector that was partly offset by an acceleration in the private goods-producing sector and an upturn in the government sector. 15 Real Gross Output by Industry 10 Utilities Nondurable goods 5 Wholesale trade 0 Retail trade -5 Transportation and warehousing -10 Professional, scientific, and technical services -15 2014 4th Quarter U.S. Bureau of Economic Analysis 2015 1st Quarter -2- • • • Wholesale trade real gross output decreased 10.9 percent. This was the largest decrease since the second quarter of 2009. Transportation and warehousing services decreased 7.8 percent. This was the first decrease after seven consecutive quarters of growth. Professional, scientific, and technical services decreased 4.1 percent. This was the largest decrease since the third quarter of 2012. Annual Revision of the Industry Economic Accounts The annual revision of the industry economic accounts, covering the first quarter of 2012 through the first quarter of 2015, will be released along with the estimate of quarterly GDP by industry for the second quarter of 2015 on November 5th. All revisions will be fully consistent with the results of the annual revision of the national income and product accounts, which will be released on July 30th. * * * 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 can be accessed in BEA's Interactive Data Application at www.bea.gov/itable/. 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/2015rd.htm. Next release -- November 5, 2015 at 8:30 A.M. EST for: Gross Domestic Product by Industry: Second Quarter 2015 Annual Revision of the Industry Economic Accounts -3- July 23, 2015 Table 1. Real Value Added by Industry Group: Percent Change From Preceding Period Line 2013 2014 2013 I 1 II Seasonally adjusted at annual rates 2014 III IV I II III 4.5 3.5 ‐2.1 4.6 5.0 2.2 2015 I ‐0.2 6.3 7.6 25.6 18.2 2.3 0.5 7.0 ‐6.6 7.3 1.1 6.7 6.4 10.2 21.2 4.4 5.3 5.2 8.8 3.2 3.8 5.6 3.6 5.1 7.2 4.4 7.3 0.3 ‐1.6 1.1 2.3 12.8 16.0 ‐0.5 2.7 4.5 0.3 9.7 4.5 ‐0.6 ‐4.1 3.0 ‐1.9 ‐7.7 1.5 4.9 6.5 1.5 3.4 3.4 ‐0.6 4.0 3.4 5.1 2.8 1.6 ‐0.4 ‐0.2 ‐0.5 ‐0.1 18.8 2.8 ‐18.4 3.9 ‐1.4 ‐2.6 0.2 ‐3.4 8.7 ‐17.3 6.1 ‐0.5 ‐2.7 0.7 0.3 ‐0.6 4.9 ‐0.5 3.3 ‐4.6 4.5 ‐3.9 ‐4.2 ‐3.7 ‐1.3 ‐1.4 ‐0.5 ‐1.8 7.3 4.4 6.1 1.2 4.5 6.8 1.3 ‐0.4 Gross domestic product…………………………………………………………………………………………… 2.2 2.4 2.7 1.8 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……………………………………………………………………………………………………………… 2.3 12.0 4.1 1.0 1.9 1.4 1.7 1.1 1.6 2.4 0.7 4.4 2.6 4.6 1.6 1.8 0.7 4.6 2.6 1.9 ‐1.4 2.4 2.0 3.5 1.4 0.7 ‐0.6 ‐3.0 0.5 2.6 ‐7.2 7.2 ‐0.1 ‐0.7 3.3 2.5 4.2 2.5 3.1 1.4 3.4 1.6 1.7 1.5 4.9 4.2 9.5 3.7 2.4 0.4 2.7 2.8 4.4 2.2 1.8 ‐0.3 ‐1.3 0.1 2.6 64.7 ‐8.3 7.1 0.4 7.0 2.8 11.9 2.2 9.7 5.7 17.7 0.3 ‐2.7 1.9 ‐8.4 ‐9.5 ‐15.2 ‐1.0 3.0 ‐5.9 4.5 1.6 ‐1.7 2.8 ‐0.8 ‐0.8 ‐3.4 0.6 1.6 12.3 9.2 ‐3.6 1.3 ‐0.6 0.4 ‐1.7 1.5 ‐4.0 ‐3.9 2.8 3.0 8.5 0.0 5.1 3.9 10.0 4.9 0.3 1.1 0.1 ‐0.3 7.9 ‐3.0 ‐0.5 ‐0.6 ‐3.3 0.7 5.4 23.6 6.7 0.0 4.8 6.0 5.3 6.9 8.1 5.0 2.6 8.8 3.8 1.2 5.3 9.0 7.9 16.7 6.6 1.8 1.6 1.9 1.7 2.5 1.4 1.6 ‐1.0 ‐5.0 0.9 3.7 ‐2.2 9.1 0.9 ‐2.2 7.4 3.6 12.0 0.8 1.1 8.2 12.0 2.1 3.0 1.7 4.1 3.0 6.6 5.1 1.0 ‐0.4 1.2 5.8 8.3 4.9 3.5 ‐1.4 ‐5.3 0.4 ‐2.9 ‐44.3 ‐7.5 ‐18.5 ‐8.1 ‐1.3 ‐4.5 2.4 ‐4.2 4.3 ‐2.7 ‐5.8 ‐4.1 ‐9.8 ‐0.9 1.4 0.8 7.2 ‐1.0 3.1 0.2 3.6 0.4 1.3 0.1 ‐0.1 1.0 5.7 ‐1.0 5.1 14.2 11.5 17.2 4.1 6.8 8.0 5.4 6.5 7.2 0.0 3.0 2.7 6.0 0.9 7.6 6.0 14.5 7.1 2.8 ‐2.8 3.7 2.9 2.7 3.0 ‐0.2 ‐0.8 ‐3.1 0.3 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………………… 2.5 2.4 6.6 1.8 6.9 5.1 ‐6.8 32 Private services‐producing industries 2 …………………………………………………………………………… 2.2 2.6 1.5 1.5 4.9 3.3 ‐1.7 IV 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 -4- July 23, 2015 Table 2. Contributions to Percent Change in Real GDP by Industry Group Line 2013 2014 2013 I II Seasonally adjusted at annual rates 2014 III IV I II III 2015 I IV 2.2 2.4 2.7 1.8 4.5 3.5 ‐2.1 4.6 5.0 2.2 ‐0.2 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……………………………………………………………………………………………………………… 1.95 0.15 0.10 0.02 0.07 0.17 0.11 0.06 0.09 0.14 0.02 0.20 0.53 0.32 0.21 0.21 0.05 0.09 0.08 0.16 ‐0.02 0.17 0.07 0.03 0.04 0.02 ‐0.09 ‐0.13 0.05 2.23 ‐0.10 0.19 0.00 ‐0.02 0.40 0.17 0.23 0.15 0.18 0.04 0.16 0.32 0.12 0.20 0.58 0.29 0.18 0.11 0.20 0.00 0.20 0.10 0.04 0.06 0.04 ‐0.04 ‐0.05 0.01 2.25 0.66 ‐0.22 0.11 0.02 0.81 0.18 0.63 0.13 0.54 0.16 0.74 0.06 ‐0.20 0.25 ‐1.04 ‐0.69 ‐0.32 ‐0.03 0.25 ‐0.07 0.32 0.06 ‐0.02 0.08 ‐0.02 ‐0.10 ‐0.15 0.05 1.35 0.17 0.23 ‐0.06 0.05 ‐0.08 0.03 ‐0.11 0.09 ‐0.23 ‐0.11 0.13 0.59 0.59 0.00 0.59 0.26 0.18 0.14 0.02 0.01 0.01 ‐0.01 0.07 ‐0.08 ‐0.01 ‐0.08 ‐0.14 0.07 4.65 0.30 0.18 0.00 0.18 0.72 0.34 0.38 0.47 0.29 0.07 0.40 0.77 0.09 0.68 1.04 0.54 0.30 0.19 0.15 0.02 0.13 0.06 0.02 0.04 0.04 ‐0.13 ‐0.21 0.08 3.17 ‐0.03 0.24 0.01 ‐0.08 0.87 0.23 0.64 0.05 0.06 0.23 0.53 0.43 0.22 0.22 0.48 0.21 0.12 0.15 0.08 0.00 0.08 0.21 0.08 0.13 0.08 ‐0.19 ‐0.22 0.04 ‐2.52 ‐0.71 ‐0.21 ‐0.34 ‐0.31 ‐0.16 ‐0.29 0.14 ‐0.25 0.24 ‐0.08 ‐0.28 ‐0.85 ‐0.73 ‐0.12 0.16 0.06 0.13 ‐0.03 0.25 0.00 0.25 0.01 0.01 0.00 0.00 0.14 0.23 ‐0.09 4.42 0.17 0.30 0.27 0.15 0.81 0.51 0.30 0.38 0.42 0.00 0.14 0.55 0.42 0.12 0.90 0.41 0.27 0.21 0.23 ‐0.03 0.26 0.11 0.03 0.08 0.00 ‐0.10 ‐0.13 0.03 5.46 0.09 0.63 0.28 0.09 0.08 0.45 ‐0.37 0.43 0.06 0.19 0.30 2.01 1.44 0.57 0.63 0.36 0.17 0.10 0.32 0.06 0.26 0.19 0.07 0.12 0.16 0.04 ‐0.06 0.10 2.03 0.14 0.39 ‐0.01 0.10 0.53 0.02 0.51 0.27 ‐0.04 ‐0.12 0.14 ‐0.39 ‐0.59 0.20 0.58 0.45 0.03 0.10 0.28 ‐0.01 0.28 0.13 0.05 0.08 0.04 ‐0.05 ‐0.01 ‐0.04 ‐0.07 0.20 0.07 ‐0.34 0.15 ‐0.17 ‐0.18 0.01 ‐0.21 0.49 ‐0.56 0.28 ‐0.10 ‐0.20 0.09 0.04 ‐0.05 0.10 ‐0.01 0.27 ‐0.05 0.32 ‐0.15 ‐0.04 ‐0.11 ‐0.03 ‐0.18 ‐0.02 ‐0.16 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………………… 0.49 0.46 1.26 0.36 1.36 1.00 ‐1.39 1.43 0.89 1.16 0.24 32 Private services‐producing industries 2 …………………………………………………………………………… 1.45 1.77 0.99 0.99 3.29 2.17 ‐1.13 2.99 4.57 0.86 ‐0.31 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 contribution of the "Not allocated by industry" line is excluded. Source: U.S. Bureau of Economic Analysis -5- July 23, 2015 Table 3. Chain‐Type Price Indexes for Value Added by Industry Group: Percent Change From Preceding Period Line 2013 2014 2013 I 1 II Seasonally adjusted at annual rates 2014 III IV I II III 1.7 1.5 1.3 2.1 1.4 0.1 2015 I 0.0 0.8 ‐27.8 ‐19.2 ‐13.6 7.9 5.4 2.0 9.5 ‐2.7 4.0 2.9 ‐1.0 2.2 2.2 2.2 0.8 1.9 ‐4.7 1.9 2.0 1.6 2.0 4.3 2.9 4.8 2.8 1.2 1.1 1.3 0.1 ‐11.1 ‐39.9 7.1 5.2 ‐4.0 2.7 ‐11.6 1.8 7.6 8.5 0.2 2.2 1.1 2.8 1.7 0.2 6.1 2.5 2.1 4.2 1.8 2.4 ‐1.5 3.8 3.0 2.2 1.1 2.7 ‐0.5 ‐41.6 ‐66.8 26.8 4.3 1.4 6.4 ‐4.5 2.9 ‐3.3 18.3 ‐2.8 2.4 1.4 3.0 3.2 2.8 3.6 3.9 1.9 6.8 1.2 9.5 8.6 9.8 4.2 3.8 3.3 4.0 3.0 ‐0.3 ‐8.6 ‐13.0 2.2 1.2 2.8 3.3 Gross domestic product…………………………………………………………………………………………… 1.5 1.5 1.3 1.2 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……………………………………………………………………………………………………………… 1.9 3.6 3.8 3.6 3.7 0.3 1.5 ‐1.1 1.8 1.7 3.0 0.6 2.4 2.5 2.3 1.5 1.7 0.9 1.4 1.6 3.3 1.3 2.4 1.5 2.8 3.1 1.6 1.2 1.7 1.6 ‐0.1 ‐1.7 5.5 6.0 ‐0.2 1.8 ‐2.5 1.4 1.3 3.7 0.3 2.6 2.7 2.6 0.9 1.5 ‐2.6 1.9 1.5 3.2 1.3 2.8 2.2 3.1 2.5 1.8 1.4 2.0 2.1 27.9 13.1 3.7 4.9 ‐1.4 2.2 ‐5.2 0.9 ‐1.7 3.0 2.3 1.3 ‐1.1 2.6 3.5 2.3 9.5 2.5 1.3 4.0 0.9 1.2 ‐0.1 1.7 4.6 1.9 1.7 1.9 1.6 ‐23.7 9.0 7.5 4.8 ‐2.3 1.8 ‐6.7 0.0 5.4 4.7 1.5 2.3 2.7 2.0 1.3 2.5 ‐2.1 0.8 1.6 3.4 1.4 4.8 0.9 6.2 3.4 1.6 1.5 1.6 1.7 ‐14.2 17.9 ‐2.0 4.5 ‐0.4 1.8 ‐3.0 1.8 2.1 2.4 ‐4.1 4.0 5.6 3.0 ‐0.6 0.7 ‐8.6 1.9 1.6 2.3 1.5 4.8 4.7 4.8 2.5 1.1 1.1 1.0 1.7 ‐20.3 ‐18.0 6.3 9.4 4.3 2.8 6.1 3.6 3.8 4.5 1.4 2.7 2.9 2.6 ‐0.3 0.7 ‐5.1 0.8 2.1 4.6 1.8 0.7 1.4 0.5 2.1 3.3 8.5 0.9 1.7 34.2 20.8 48.2 7.2 ‐5.6 1.5 ‐13.2 1.7 ‐5.9 0.0 2.2 1.1 0.7 1.3 2.2 2.2 1.8 2.3 0.0 2.1 ‐0.3 1.2 2.6 0.7 2.0 0.7 ‐4.6 3.3 2.4 32.5 1.5 ‐21.2 1.6 1.2 0.7 1.8 1.6 3.0 7.4 0.0 4.4 4.5 4.3 1.1 1.8 ‐3.1 2.6 2.4 4.3 2.1 4.5 2.3 5.4 3.0 2.4 3.0 2.1 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………………… 1.6 0.7 3.4 ‐1.3 1.8 0.1 2.2 32 Private services‐producing industries 2 …………………………………………………………………………… 2.0 1.9 1.7 2.4 1.7 2.2 1.6 IV 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 -6- July 23, 2015 Table 4. Contributions to Percent Change in the GDP Price Index by Industry Group 2013 Line 2014 2013 I II Seasonally adjusted at annual rates 2014 III IV I II III 2015 I IV 1.5 1.5 1.3 1.2 1.7 1.5 1.3 2.1 1.4 0.1 0.0 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……………………………………………………………………………………………………………… 1.64 0.05 0.10 0.06 0.13 0.04 0.10 ‐0.06 0.11 0.10 0.09 0.03 0.47 0.18 0.30 0.18 0.12 0.02 0.04 0.13 0.04 0.09 0.09 0.01 0.07 0.07 0.21 0.05 0.16 1.43 0.00 ‐0.04 0.09 0.22 ‐0.03 0.11 ‐0.15 0.08 0.07 0.10 0.01 0.53 0.20 0.33 0.11 0.10 ‐0.05 0.06 0.12 0.03 0.09 0.10 0.02 0.08 0.06 0.23 0.06 0.17 1.79 0.32 0.32 0.06 0.18 ‐0.14 0.14 ‐0.28 0.05 ‐0.10 0.08 0.10 0.25 ‐0.08 0.33 0.41 0.16 0.18 0.07 0.11 0.04 0.06 0.04 0.00 0.05 0.10 0.25 0.07 0.17 1.37 ‐0.38 0.23 0.12 0.17 ‐0.26 0.12 ‐0.38 0.00 0.30 0.13 0.07 0.45 0.19 0.26 0.15 0.17 ‐0.04 0.02 0.14 0.04 0.10 0.17 0.01 0.16 0.07 0.21 0.06 0.15 1.50 ‐0.21 0.44 ‐0.03 0.16 ‐0.05 0.12 ‐0.17 0.10 0.12 0.07 ‐0.19 0.79 0.40 0.39 ‐0.07 0.05 ‐0.17 0.06 0.13 0.03 0.11 0.17 0.05 0.13 0.06 0.14 0.05 0.09 1.51 ‐0.30 ‐0.53 0.10 0.34 0.52 0.18 0.34 0.21 0.22 0.13 0.07 0.54 0.21 0.34 ‐0.03 0.05 ‐0.10 0.02 0.17 0.05 0.12 0.03 0.01 0.01 0.05 0.42 0.34 0.08 1.52 0.36 0.50 0.66 0.26 ‐0.70 0.10 ‐0.79 0.10 ‐0.35 0.00 0.10 0.22 0.05 0.17 0.26 0.15 0.03 0.07 0.00 0.02 ‐0.02 0.04 0.03 0.02 0.04 0.10 ‐0.19 0.29 2.10 0.35 0.04 ‐0.40 0.06 0.14 0.04 0.10 0.10 0.18 0.21 0.00 0.87 0.31 0.56 0.14 0.12 ‐0.06 0.08 0.20 0.05 0.15 0.17 0.02 0.14 0.07 0.32 0.12 0.19 0.71 ‐0.40 ‐0.58 ‐0.24 0.28 0.63 0.13 0.50 ‐0.16 0.23 0.08 ‐0.05 0.45 0.16 0.29 0.09 0.13 ‐0.10 0.06 0.16 0.02 0.14 0.16 0.03 0.13 0.06 0.16 0.04 0.11 0.12 ‐0.14 ‐1.31 0.11 0.19 ‐0.49 0.18 ‐0.67 0.11 0.43 0.24 0.01 0.45 0.08 0.36 0.21 0.02 0.12 0.07 0.17 0.05 0.13 0.09 ‐0.01 0.10 0.07 0.28 0.05 0.23 ‐0.46 ‐0.61 ‐2.39 0.40 0.16 0.16 0.41 ‐0.25 0.17 ‐0.20 0.49 ‐0.13 0.49 0.10 0.39 0.39 0.20 0.07 0.12 0.16 0.07 0.09 0.35 0.08 0.26 0.09 0.48 0.13 0.35 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………………… 0.31 0.14 0.67 ‐0.25 0.35 0.02 0.43 0.59 ‐0.07 ‐1.75 ‐2.67 32 Private services‐producing industries 2 …………………………………………………………………………… 1.32 1.29 1.12 1.61 1.15 1.49 1.09 1.51 0.78 1.88 2.21 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 contribution of the "Not allocated by industry" line is excluded. Source: U.S. Bureau of Economic Analysis -7- July 23, 2015 Table 5. Value Added by Industry Group Billions of dollars Seasonally adjusted at annual rates Line 2013 1 2014 2013 2014 2015 I II III IV I II III IV I Gross domestic product……………………………………………………………………………………………16,768.1 17,418.9 16,502.4 16,619.2 16,872.3 17,078.3 17,044.0 17,328.2 17,599.8 17,703.7 17,693.3 2 Private industries………………………………………………………………………………………………………… 14,556.4 15,175.3 14,297.3 14,408.7 14,661.7 14,857.9 14,813.6 15,089.0 15,352.3 3 Agriculture, forestry, fishing, and hunting……………………………………………………………………… 226.6 210.2 235.1 226.2 229.6 215.7 200.6 222.5 208.9 4 Mining…………………………………………………………………………………………………………………………… 439.4 461.3 416.0 434.4 460.0 447.3 459.9 474.3 476.1 5 Utilities………………………………………………………………………………………………………………………… 276.7 291.3 274.2 276.8 275.4 280.3 293.8 288.0 289.5 6 Construction………………………………………………………………………………………………………………… 619.9 652.7 603.4 612.6 626.6 637.1 634.7 643.7 659.8 7 Manufacturing……………………………………………………………………………………………………………… 2,028.5 2,090.7 2,011.3 1,996.8 2,023.7 2,082.1 2,045.4 2,085.1 2,115.4 8 Durable goods…………………………………………………………………………………………………………… 1,088.5 1,135.9 1,070.4 1,076.2 1,095.0 1,112.4 1,103.8 1,127.0 1,152.0 9 Nondurable goods……………………………………………………………………………………………………… 940.0 954.8 940.9 920.6 928.7 969.6 941.6 958.1 963.4 10 Wholesale trade…………………………………………………………………………………………………………… 998.5 1,037.7 981.3 984.8 1,008.4 1,019.5 1,012.9 1,033.0 1,044.2 11 Retail trade…………………………………………………………………………………………………………………… 971.4 1,014.0 957.9 960.7 977.6 989.3 984.8 1,009.6 1,022.2 12 Transportation and warehousing…………………………………………………………………………………… 481.4 506.2 474.2 475.0 480.8 495.7 492.4 501.2 513.0 13 Information…………………………………………………………………………………………………………………… 779.2 808.0 762.5 770.8 779.1 804.3 796.7 802.6 813.1 14 Finance, insurance, real estate, rental, and leasing………………………………………………………… 3,381.7 3,527.0 3,307.0 3,349.8 3,414.4 3,455.7 3,428.7 3,488.9 3,594.1 15 Finance and insurance………………………………………………………………………………………………… 1,206.9 1,261.3 1,168.2 1,200.4 1,220.6 1,238.5 1,209.2 1,240.5 1,308.8 16 Real estate and rental and leasing……………………………………………………………………………… 2,174.8 2,265.8 2,138.8 2,149.4 2,193.9 2,217.1 2,219.5 2,248.3 2,285.3 17 Professional and business services………………………………………………………………………………… 1,981.7 2,098.3 1,934.1 1,964.9 2,004.5 2,023.4 2,041.3 2,085.1 2,116.1 18 Professional, scientific, and technical services…………………………………………………………… 1,154.8 1,220.8 1,126.8 1,144.6 1,168.6 1,179.2 1,188.2 1,210.9 1,232.0 19 Management of companies and enterprises……………………………………………………………… 323.2 345.0 315.8 321.8 327.0 328.0 335.2 344.0 347.1 20 Administrative and waste management services………………………………………………………… 503.8 532.5 491.6 498.5 508.8 516.2 517.9 530.2 537.0 21 Educational services, health care, and social assistance………………………………………………… 1,380.4 1,435.3 1,366.9 1,373.4 1,385.2 1,395.9 1,406.7 1,424.7 1,445.2 22 Educational services…………………………………………………………………………………………………… 184.6 191.1 181.7 183.7 185.5 187.4 188.5 189.1 192.5 23 Health care and social assistance………………………………………………………………………………… 1,195.8 1,244.3 1,185.2 1,189.7 1,199.7 1,208.5 1,218.2 1,235.6 1,252.7 24 Arts, entertainment, recreation, accommodation, and food services…………………………… 621.7 657.1 609.2 616.0 625.8 635.9 638.3 650.1 665.2 25 Arts, entertainment, and recreation…………………………………………………………………………… 163.6 174.6 158.6 162.0 164.9 168.8 170.5 172.6 176.9 26 Accommodation and food services……………………………………………………………………………… 458.1 482.5 450.6 453.9 460.9 467.1 467.9 477.5 488.3 27 Other services, except government……………………………………………………………………………… 369.3 385.3 364.2 366.8 370.6 375.7 377.5 380.1 389.5 28 Government………………………………………………………………………………………………………………… 2,211.6 2,243.6 2,205.1 2,210.4 2,210.6 2,220.4 2,230.3 2,239.2 2,247.5 29 Federal…………………………………………………………………………………………………………………………… 704.3 704.8 709.2 705.8 698.8 703.5 705.1 704.8 703.9 30 State and local……………………………………………………………………………………………………………… 1,507.3 1,538.8 1,496.0 1,504.6 1,511.9 1,516.9 1,525.2 1,534.4 1,543.6 15,446.3 209.0 435.1 294.1 672.7 2,116.9 1,160.7 956.2 1,060.6 1,039.4 518.2 819.5 3,596.5 1,286.5 2,310.0 2,150.7 1,252.3 353.6 544.8 1,464.8 194.2 1,270.6 674.7 178.4 496.3 394.0 2,257.4 705.5 1,551.9 15,422.7 190.7 332.5 296.6 686.2 2,116.6 1,171.1 945.6 1,059.1 1,052.3 515.4 825.9 3,613.6 1,282.4 2,331.2 2,169.5 1,258.9 361.1 549.4 1,483.9 195.2 1,288.7 683.5 180.2 503.3 396.8 2,270.6 710.3 1,560.2 Addenda: Private goods‐producing industries1 ……………………………………………………………………………… 3,314.4 3,415.0 3,265.8 3,269.9 3,339.8 3,382.2 3,340.6 3,425.7 3,460.1 3,433.6 3,326.1 2 32 Private services‐producing industries ……………………………………………………………………………11,242.0 11,760.3 11,031.5 11,138.8 11,321.9 11,475.7 11,473.1 11,663.3 11,892.2 12,012.7 12,096.6 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 -8- July 23, 2015 Table 5a. Value Added by Industry Group as a Percentage of GDP Line 2013 2014 2013 II III 100.0 100.0 I 100.0 IV 100.0 2015 I 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……………………………………………………………………………………………………………… 86.8 1.4 2.6 1.6 3.7 12.1 6.5 5.6 6.0 5.8 2.9 4.6 20.2 7.2 13.0 11.8 6.9 1.9 3.0 8.2 1.1 7.1 3.7 1.0 2.7 2.2 13.2 4.2 9.0 87.1 1.2 2.6 1.7 3.7 12.0 6.5 5.5 6.0 5.8 2.9 4.6 20.2 7.2 13.0 12.0 7.0 2.0 3.1 8.2 1.1 7.1 3.8 1.0 2.8 2.2 12.9 4.0 8.8 86.6 1.4 2.5 1.7 3.7 12.2 6.5 5.7 5.9 5.8 2.9 4.6 20.0 7.1 13.0 11.7 6.8 1.9 3.0 8.3 1.1 7.2 3.7 1.0 2.7 2.2 13.4 4.3 9.1 86.7 1.4 2.6 1.7 3.7 12.0 6.5 5.5 5.9 5.8 2.9 4.6 20.2 7.2 12.9 11.8 6.9 1.9 3.0 8.3 1.1 7.2 3.7 1.0 2.7 2.2 13.3 4.2 9.1 86.9 1.4 2.7 1.6 3.7 12.0 6.5 5.5 6.0 5.8 2.8 4.6 20.2 7.2 13.0 11.9 6.9 1.9 3.0 8.2 1.1 7.1 3.7 1.0 2.7 2.2 13.1 4.1 9.0 87.0 1.3 2.6 1.6 3.7 12.2 6.5 5.7 6.0 5.8 2.9 4.7 20.2 7.3 13.0 11.8 6.9 1.9 3.0 8.2 1.1 7.1 3.7 1.0 2.7 2.2 13.0 4.1 8.9 86.9 1.2 2.7 1.7 3.7 12.0 6.5 5.5 5.9 5.8 2.9 4.7 20.1 7.1 13.0 12.0 7.0 2.0 3.0 8.3 1.1 7.1 3.7 1.0 2.7 2.2 13.1 4.1 8.9 87.1 1.3 2.7 1.7 3.7 12.0 6.5 5.5 6.0 5.8 2.9 4.6 20.1 7.2 13.0 12.0 7.0 2.0 3.1 8.2 1.1 7.1 3.8 1.0 2.8 2.2 12.9 4.1 8.9 87.2 1.2 2.7 1.6 3.7 12.0 6.5 5.5 5.9 5.8 2.9 4.6 20.4 7.4 13.0 12.0 7.0 2.0 3.1 8.2 1.1 7.1 3.8 1.0 2.8 2.2 12.8 4.0 8.8 87.2 1.2 2.5 1.7 3.8 12.0 6.6 5.4 6.0 5.9 2.9 4.6 20.3 7.3 13.0 12.1 7.1 2.0 3.1 8.3 1.1 7.2 3.8 1.0 2.8 2.2 12.8 4.0 8.8 87.2 1.1 1.9 1.7 3.9 12.0 6.6 5.3 6.0 5.9 2.9 4.7 20.4 7.2 13.2 12.3 7.1 2.0 3.1 8.4 1.1 7.3 3.9 1.0 2.8 2.2 12.8 4.0 8.8 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………………… 19.8 19.6 19.8 19.7 19.8 19.8 19.6 19.8 19.7 19.4 18.8 32 Private services‐producing industries 2 …………………………………………………………………………… 67.0 67.5 66.8 67.0 67.1 67.2 67.3 67.3 67.6 67.9 68.4 1 IV 100.0 2014 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 -9- July 23, 2015 Table 6. Real Gross Output by Industry Group: Percent Change from Preceding Period Line 2013 2014 I 1 Seasonally adjusted at annual rates 2013 2014 II III IV I II III 3.7 3.2 3.5 ‐0.3 4.8 5.2 2.6 2015 I 0.7 5.2 0.2 7.0 4.1 1.0 8.4 17.5 0.0 6.7 1.6 6.4 4.4 2.2 ‐0.1 3.8 5.3 6.5 8.0 0.9 8.7 2.2 9.8 4.2 3.9 4.3 4.9 4.7 11.2 1.8 3.1 5.3 ‐10.0 14.2 5.3 0.2 ‐2.3 2.8 4.7 ‐4.0 10.2 6.9 2.0 1.6 2.3 5.7 4.9 3.3 9.4 7.0 2.6 7.7 6.5 6.9 6.4 2.9 ‐1.9 ‐8.1 1.2 0.7 4.6 ‐10.6 ‐1.5 1.2 4.4 ‐1.3 10.8 ‐10.9 2.1 ‐7.8 0.4 2.3 4.1 1.1 ‐0.4 ‐4.1 7.2 3.0 3.0 0.8 3.3 3.2 5.2 2.6 ‐2.5 0.8 0.2 1.0 7.1 6.7 0.3 2.8 4.8 4.6 4.4 ‐0.2 All industries…………………………………………………………………………………………………………… 2.1 2.9 0.3 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 3.1 5.3 1.2 3.1 2.3 3.9 0.9 2.4 2.9 1.4 4.6 2.6 3.0 2.4 1.4 0.2 4.3 2.3 2.9 2.4 3.0 2.7 2.7 2.7 ‐0.2 ‐1.1 ‐5.5 1.2 3.3 ‐2.6 9.6 1.4 3.6 3.3 4.7 2.0 4.8 1.0 4.1 4.5 2.3 2.5 2.1 4.5 3.3 8.5 4.4 3.3 2.4 3.5 3.1 3.3 3.0 2.3 ‐0.1 ‐1.2 0.4 0.7 11.9 ‐1.9 ‐3.0 ‐0.3 1.3 3.9 ‐1.1 5.0 7.0 ‐1.6 1.3 1.2 6.8 ‐2.5 ‐5.4 ‐3.6 ‐5.3 ‐9.5 0.6 1.6 0.5 2.8 ‐2.3 4.5 ‐6.1 ‐2.1 ‐9.3 1.7 4.3 5.9 11.2 2.9 9.0 4.3 5.7 3.0 ‐1.0 1.3 4.2 2.8 3.1 3.3 2.9 10.1 7.6 11.2 15.4 4.6 5.6 4.5 0.3 4.7 ‐1.1 ‐0.4 ‐0.3 ‐3.6 1.4 3.6 10.1 15.6 ‐4.0 7.0 2.0 3.5 0.6 10.8 5.6 0.1 10.0 0.1 ‐4.0 2.9 4.3 3.1 12.1 1.7 3.6 3.5 3.6 1.3 4.5 0.2 ‐1.0 0.4 ‐1.1 1.1 4.5 ‐0.5 ‐5.3 18.7 2.6 5.1 6.9 3.4 8.8 ‐0.5 5.1 7.7 3.6 9.1 0.0 4.2 4.6 2.1 4.5 5.6 1.9 6.2 6.8 9.6 5.9 1.2 ‐3.5 ‐12.0 0.7 ‐0.4 ‐19.9 13.9 ‐5.4 ‐1.8 ‐0.3 ‐2.7 2.1 ‐2.7 ‐5.7 1.6 1.4 2.2 2.3 2.1 0.8 ‐2.3 8.9 2.5 ‐4.1 1.5 ‐4.9 0.2 4.2 ‐1.1 2.2 0.9 4.5 ‐0.8 5.5 6.3 25.5 ‐7.5 9.5 4.7 7.3 2.3 8.3 10.6 5.8 1.8 2.3 2.7 2.0 7.1 5.8 13.4 5.9 5.9 2.2 6.5 3.5 ‐6.4 7.1 4.7 ‐0.7 ‐1.9 ‐0.1 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………………… 2.7 3.5 1.4 5.5 4.2 3.5 ‐0.6 32 Private services‐producing industries 2 …………………………………………………………………………… 2.4 3.2 0.3 3.7 3.3 4.9 ‐0.4 IV 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 - July 23, 2015 Table 7. Chain‐Type Price Indexes for Gross Output by Industry Group: Percent Change from Preceding Period Seasonally adjusted at annual rates Line 2013 2014 2013 I 2014 III IV I II III 2015 I ‐5.2 All industries…………………………………………………………………………………………………………… 1.4 1.3 2.0 0.4 1.6 0.8 2.7 1.8 0.4 IV ‐1.5 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……………………………………………………………………………………………………………… 1.4 1.7 3.4 4.2 2.8 0.1 0.3 ‐0.2 1.7 1.6 1.6 0.7 2.0 1.8 2.2 1.4 1.6 1.0 1.3 1.5 2.5 1.4 1.8 1.5 2.0 2.4 1.5 1.2 1.7 1.3 ‐0.6 ‐0.6 5.3 3.5 0.1 1.0 ‐0.8 1.3 1.3 1.8 0.6 2.3 2.1 2.4 1.0 1.4 ‐0.9 1.6 1.5 2.6 1.3 2.4 2.0 2.6 2.0 1.6 1.2 1.8 2.0 10.8 9.7 3.5 3.7 1.4 1.0 1.8 1.4 ‐0.2 2.2 1.5 1.2 ‐0.4 2.2 2.9 2.3 6.2 2.1 1.7 3.0 1.5 1.4 1.0 1.6 3.5 1.9 1.9 1.9 0.4 ‐14.3 7.8 8.9 3.2 ‐3.6 ‐0.6 ‐6.3 0.1 3.6 ‐0.7 0.9 2.0 1.8 2.1 1.2 2.1 ‐0.9 0.7 1.3 2.4 1.1 2.6 0.4 3.3 2.2 0.8 1.0 0.7 1.6 ‐6.5 11.7 ‐3.0 2.8 2.1 0.2 4.0 1.2 1.2 3.2 ‐2.4 3.0 3.7 2.6 ‐0.3 0.5 ‐5.1 1.4 1.3 1.6 1.2 2.6 3.3 2.3 1.8 1.4 1.1 1.5 0.7 ‐14.3 ‐13.2 5.1 4.9 ‐0.4 1.7 ‐2.3 2.6 2.8 1.7 1.1 2.3 2.2 2.4 0.0 0.5 ‐2.6 0.6 1.6 3.1 1.4 0.8 1.5 0.6 1.8 2.3 5.5 0.9 2.8 13.0 20.5 45.8 4.2 1.2 1.5 0.9 2.2 ‐2.8 1.5 2.5 1.9 1.0 2.6 2.3 2.2 2.6 2.3 1.3 3.2 1.0 2.7 3.2 2.6 2.3 1.9 ‐2.0 3.8 1.8 17.8 ‐0.7 ‐17.6 1.3 1.5 0.7 2.2 1.5 2.3 4.0 0.2 2.9 3.2 2.6 1.3 1.8 ‐1.3 2.1 1.9 3.4 1.7 3.4 1.4 4.1 2.0 1.8 2.3 1.6 0.3 ‐12.4 ‐15.4 ‐13.8 4.8 0.9 1.7 0.1 ‐1.8 2.5 1.3 0.0 1.7 1.7 1.7 0.6 1.3 ‐2.9 1.4 1.3 1.0 1.4 2.8 1.9 3.0 1.9 1.0 0.6 1.1 ‐1.7 ‐5.7 ‐31.4 0.9 2.5 ‐8.4 0.2 ‐16.4 1.8 5.7 ‐2.4 0.6 1.8 1.1 2.2 1.4 0.6 3.7 1.6 1.6 2.2 1.6 2.1 ‐0.5 3.0 2.1 ‐0.2 ‐0.6 ‐0.1 ‐5.7 ‐26.2 ‐57.4 0.7 ‐0.5 ‐16.8 ‐0.4 ‐31.5 1.5 ‐2.6 ‐5.9 ‐1.1 1.7 1.2 2.1 1.6 1.6 1.9 1.4 0.1 2.4 ‐0.2 3.4 4.9 2.9 1.9 ‐1.2 ‐0.1 ‐1.7 31 Addenda: Private goods‐producing industries1 ……………………………………………………………………………… 0.8 0.5 2.9 ‐2.5 2.4 ‐1.6 3.7 2.1 ‐0.8 ‐8.8 ‐18.8 32 Private services‐producing industries 2 …………………………………………………………………………… 1.7 1.7 1.7 1.7 1.3 1.7 2.4 1.7 0.8 1.7 0.5 1 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 - 11 - July 23, 2015 Table 8. Gross Output by Industry Group Line 1 Billions of dollars Seasonally adjusted at annual rates 2013 2014 2013 2014 2015 I II III IV I II III IV I All industries……………………………………………………………………………………………………………29,721.3 31,001.4 29,240.6 29,539.3 29,891.4 30,213.8 30,394.1 30,897.8 31,317.1 31,396.6 31,037.5 2 Private industries………………………………………………………………………………………………………… 26,291.6 27,514.1 25,819.2 26,113.5 26,450.2 26,783.5 26,940.0 27,425.3 27,796.4 27,894.5 27,539.0 3 Agriculture, forestry, fishing, and hunting……………………………………………………………………… 478.3 463.4 490.1 478.4 481.9 463.0 451.6 477.8 462.5 461.8 432.8 4 Mining…………………………………………………………………………………………………………………………… 630.6 686.5 597.3 624.9 666.1 634.2 686.4 725.3 707.3 627.0 492.5 5 Utilities………………………………………………………………………………………………………………………… 386.6 412.6 376.4 387.3 380.5 402.1 435.8 407.2 396.4 410.7 409.8 6 Construction………………………………………………………………………………………………………………… 1,134.9 1,217.0 1,091.8 1,124.1 1,151.2 1,172.4 1,179.1 1,210.1 1,227.5 1,251.3 1,253.4 7 Manufacturing……………………………………………………………………………………………………………… 5,940.3 6,143.6 5,886.0 5,894.8 5,956.1 6,024.4 6,038.4 6,130.9 6,268.9 6,136.2 5,923.3 8 Durable goods…………………………………………………………………………………………………………… 2,897.5 3,064.4 2,842.5 2,877.8 2,904.3 2,965.3 2,956.4 3,014.3 3,151.5 3,135.3 3,122.1 9 Nondurable goods……………………………………………………………………………………………………… 3,042.9 3,079.2 3,043.6 3,017.0 3,051.8 3,059.0 3,082.0 3,116.6 3,117.4 3,000.9 2,801.2 10 Wholesale trade…………………………………………………………………………………………………………… 1,496.7 1,589.7 1,467.7 1,464.2 1,506.4 1,548.6 1,546.2 1,583.0 1,601.9 1,627.5 1,587.0 11 Retail trade…………………………………………………………………………………………………………………… 1,517.6 1,552.9 1,489.3 1,507.6 1,532.6 1,541.0 1,507.9 1,555.1 1,571.2 1,577.2 1,575.1 12 Transportation and warehousing…………………………………………………………………………………… 996.4 1,056.6 981.9 990.3 998.4 1,015.2 1,023.1 1,047.8 1,067.9 1,087.6 1,049.9 13 Information…………………………………………………………………………………………………………………… 1,443.2 1,517.3 1,412.9 1,425.9 1,451.4 1,482.7 1,496.8 1,504.1 1,520.2 1,548.1 1,545.3 14 Finance, insurance, real estate, rental, and leasing………………………………………………………… 5,062.3 5,293.6 4,977.8 5,040.1 5,078.7 5,152.9 5,205.4 5,272.4 5,323.2 5,373.6 5,427.8 15 Finance and insurance………………………………………………………………………………………………… 2,055.9 2,152.0 2,023.6 2,049.5 2,047.2 2,103.4 2,120.6 2,151.8 2,160.4 2,175.3 2,203.7 16 Real estate and rental and leasing……………………………………………………………………………… 3,006.4 3,141.6 2,954.2 2,990.6 3,031.4 3,049.5 3,084.8 3,120.6 3,162.8 3,198.3 3,224.1 17 Professional and business services………………………………………………………………………………… 3,135.6 3,309.2 3,049.3 3,133.0 3,164.0 3,196.2 3,220.9 3,287.4 3,335.1 3,393.2 3,403.7 18 Professional, scientific, and technical services…………………………………………………………… 1,803.0 1,887.9 1,758.0 1,799.6 1,815.8 1,838.7 1,838.0 1,872.0 1,907.9 1,933.6 1,920.9 19 Management of companies and enterprises……………………………………………………………… 559.2 601.2 545.0 558.4 567.2 566.4 582.4 599.1 606.3 616.8 630.6 20 Administrative and waste management services………………………………………………………… 773.4 820.2 746.3 775.0 781.1 791.0 800.6 816.3 820.9 842.9 852.2 21 Educational services, health care, and social assistance………………………………………………… 2,352.3 2,466.6 2,302.3 2,336.0 2,364.3 2,406.5 2,389.1 2,435.2 2,494.7 2,547.6 2,566.9 22 Educational services…………………………………………………………………………………………………… 319.2 335.4 311.6 317.8 321.8 325.8 329.6 334.2 336.8 340.8 343.6 23 Health care and social assistance………………………………………………………………………………… 2,033.1 2,131.3 1,990.8 2,018.3 2,042.5 2,080.7 2,059.5 2,101.0 2,157.8 2,206.7 2,223.4 24 Arts, entertainment, recreation, accommodation, and food services…………………………… 1,123.0 1,185.6 1,106.5 1,114.4 1,124.9 1,146.0 1,154.3 1,174.2 1,194.4 1,219.7 1,239.7 25 Arts, entertainment, and recreation…………………………………………………………………………… 280.1 295.0 273.0 276.4 281.7 289.3 294.6 290.8 295.0 299.6 307.1 26 Accommodation and food services……………………………………………………………………………… 842.9 890.6 833.5 838.0 843.2 856.7 859.7 883.4 899.4 920.1 932.7 27 Other services, except government……………………………………………………………………………… 593.6 619.4 589.9 592.5 593.7 598.2 604.7 614.8 625.2 633.0 631.9 28 Government………………………………………………………………………………………………………………… 3,429.7 3,487.3 3,421.4 3,425.8 3,441.3 3,430.3 3,454.1 3,472.4 3,520.7 3,502.1 3,498.5 29 Federal…………………………………………………………………………………………………………………………… 1,100.5 1,100.0 1,111.1 1,103.5 1,103.7 1,083.5 1,090.0 1,091.0 1,122.0 1,096.9 1,097.3 30 State and local……………………………………………………………………………………………………………… 2,329.2 2,387.4 2,310.3 2,322.3 2,337.6 2,346.8 2,364.1 2,381.4 2,398.7 2,405.2 2,401.1 Addenda: 1 31 Private goods‐producing industries ……………………………………………………………………………… 8,184.2 8,510.5 8,065.2 8,122.2 8,255.3 8,294.0 8,355.6 8,544.1 8,666.2 8,476.2 8,101.9 2 32 Private services‐producing industries ……………………………………………………………………………18,107.4 19,003.5 17,754.1 17,991.3 18,194.9 18,489.4 18,584.4 18,881.3 19,130.2 19,418.3 19,437.1 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. Source: U.S. Bureau of Economic Analysis - 12 -