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THURSDAY January 21, 2016 Retail Trade Led Growth in the Third Quarter Gross Domestic Product by Industry Percent change from preceding period Retail trade; health care and social assistance; and agriculture, forestry, fishing, and hunting were the leading contributors to the increase in U.S. economic growth in the third quarter of 2015. Overall, 15 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the third quarter. 7.0 Real GDP and Real Value Added by Sector 6.0 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 2014:III GDP 2014:IV Private Goods 2015:I Private Services 2015:II 2015:III Government U.S. Bureau of Economic Analysis Retail trade increased 7.1 percent in the third quarter, after increasing 3.7 percent in the second quarter. Health care and social assistance increased 5.5 percent, after increasing 2.1 percent. Agriculture, forestry, fishing, and hunting increased 37.5 percent, after decreasing 3.9 percent. Percent change from preceding period 40 Real Value Added by Industry Agriculture, forestry, fishing, and hunting 30 Wholesale trade 20 Retail trade Information 10 Finance and insurance 0 -10 2015 2nd Quarter U.S. Bureau of Economic Analysis Health care and social assistance 2015 3rd Quarter BEA data—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 on the BEA Web site: www.bea.gov. E-mail alerts are also available. Contact: Jeannine Aversa 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce
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