The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Friday, July 21, 2017 Contact: Jeannine Aversa, (301) 278-9003 Real Estate and Rental and Leasing Led Growth in the First Quarter Gross Domestic Product by Industry Real estate and rental and leasing; mining; and durable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2017. Overall, 13 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the first quarter. Real GDP and Real Value Added by Sector Percent Change 5 4 3 2 1 0 -1 -2 2016:Q1 2016:Q2 GDP Private Goods 2016:Q3 Private Services 2016:Q4 2017:Q1 Government U.S. Bureau of Economic Analysis • • • Real estate and rental and leasing increased 2.7 percent in the first quarter, after increasing 0.9 percent in the fourth quarter. Mining increased 21.6 percent, after increasing 5.2 percent. Durable goods manufacturing increased 4.4 percent, after increasing 0.7 percent. Percent Change 25 20 15 10 5 0 -5 -10 -15 -35 -20 -40 Real Value Added by Industry Agriculture, forestry, fishing, and hunting Mining Durable goods manufacturing Retail trade Finance and insurance Real estate and rental and leasing 2016:Q4 2017:Q1 U.S. Bureau of Economic Analysis BEA statistics—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts, and economic data for states, local areas, and industries—are available at www.bea.gov. E-mail alerts are also available.
@FedFRASER