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AUGUST 201 3
SURVEY OF CURRENT BUSINESS
BEA’s MONTHLY JOURNAL
In This Issue . . .
Initial Results of the Comprehensive NIPA Revision
Operations of U.S. Affiliates o f Foreign Companies, 2011
Real Personal Income and Regional Price Parities for
States and Metropolitan Areas, 2007-2011
BEA Briefing
A First Look at Experimental Personal Consumption
Expenditures by State
salBEA
BUREAU OF ECONOMIC ANALYSIS
U.S. DEPARTMENT OF COMMERCE
ECONOMICS AND STATISTICS ADMINISTRATION
U.S. Department of Commerce
Penny S. Pritzker, Secretary
Economics and Statistics Administration
Mark Doms, Under Secretary fo r Economic Affairs
Bureau of Economic Analysis
J. Steven Landefeld, Director
Brian C. Moyer, Deputy Director
Ana M. Aizcorbe, C hief Economist
Brian M. Callahan, C hief Information Officer
Dennis J. Fixler, C hief Statistician
Kathleen James, C hief Administrative Officer
Brent R. Moulton, Associate Director fo r National Economic Accounts
Carol E. Moylan, Associate Director fo r Industry Accounts
Joel D. Platt, Associate Director fo r Regional Economics
Sarahelen Thompson, Associate Director for International Economics
BEA Advisory Committee
The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national,
regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from
innovative and advancing technologies, and it provides recommendations from the perspective of business economists, academicians,
researchers, and experts in government and international affairs.
Ernst R. Berndt, Chair, Massachusetts Institute o f Technology
Alan J. Auerbach, University o f California, Berkeley
Barry P. Bosworth, The Brookings Institution
Susan M. Collins, University o f Michigan
Karen Dynan, The Brookings Institution
Jeffrey A. Frankel, Harvard University
Robert J. Gordon, Northwestern University
Maurine A. Haver, Haver Analytics, Inc.
Charles R. Hulten, University o f Maryland
Dale W. Jorgenson, Harvard University
Ellen R. McGrattan, Federal Reserve Bank o f Minneapolis
Therese J. McGuire, Northwestern University
William D. Nordhaus, Yale University
Joel L. Prakken, Chairman, Macroeconomic Advisers, LLC
Andrew D. Reamer, George Washington University
James Kim, Editor-in-Chief
M. Gretchen Gibson, Managing Editor
Kristina L. Maze, Production Manager
Colby Johnson, Graphic Designer
Danielle Helta, Editor
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SURVEY OF CURRENT BUSINESS
August 2013
1
Volume 93 • Number 8
GDP and the Economy: Advance Estimates for the Second Quarter of 2013
Real GDP rose 1.7 percent after rising 1.1 percent in the first quarter of 2013. Business investment
turned up. Inventory investment and consumer spending slowed.
6
Initial Results of the 2013 Comprehensive Revision of the National Income and
Product Accounts
Comprehensive revisions, which are released every 5 years, incorporate new high-quality data
and changes in definitions and classifications that better reflect the evolving U.S. economy.
82
U.S. Affiliates of Foreign Companies: Operations in 2011
The current-dollar value added of these affiliates rose 11.0 percent to $736.4 billion. Employment
by these affiliates increased 3.8 percent.
89
Real Personal Income and Regional Price Parities for State and Metropolitan
Areas for 2007-2011
Real, or inflation-adjusted personal income is partly based on regional price parities that provide
a measure of the differences in price levels across geographic areas relative to the national
personal consumption price index.
105
BEA Briefing
A First Look at Experimental Statistics on Personal Consumption Expenditures
by State
Statistics on household sector consumption at the state level have not traditionally been available,
but these statistics could provide a clearer indication o f how households in various regions fare in
recessions and in recoveries.
www.bea.gov
//■
D-1
August 2013
BEA Current and Historical Data
//'/
Director’s Message
iv
Taking Account
BEA’s Web Site and Contacts (inside back cover)
Schedule of Upcoming BEA News Releases (back cover)
Looking Ahead
Improved Estimates of the National Income and Product Accounts. More detailed
results o f the 2013 comprehensive revision.
Direct Investment. Statistics on investment positions, international transactions, and
the composition of investments of U.S. and foreign multinational companies.
August 2013
/'//
Director’s Message
.....................■■■■■■■■■mm —
— ................................................ .
■■■■■■■■■..... hi ......
In July 2013, the Bureau o f Economic Analysis (BEA) released its
14th comprehensive revision of the national income and product
accounts (NIPAs). Comprehensive, or benchmark, revisions oc
cur roughly every 5 years and incorporate significant improve
ments aimed at better reflecting a dynamic economy.
This year’s comprehensive revision included changes to the
way the NIPAs treat research and development; movies, books,
television shows, and other artistic originals; pension contribu
tions; and residential assets. This month, we’re pleased to provide
an article summarizing the main changes and their effect on key
NIPA measures. In general, the picture o f the economy shown in
the revised estimates is similar in broad outline to the picture
shown in the previous estimates.
Two other articles highlight recent innovations in our regional
statistics. One discusses the release in June 2013 o f prototype esti
mates o f real, or inflation-adjusted personal income for states
and metropolitan areas. The adjustments are based in part on re
gional price parities, which provide a measure o f the differences
in price levels across states and metropolitan areas, and in part on
the national personal consumption expenditure (PCE) price in
dex. A separate article looks at recent experimental estimates of
current-dollar PCE by state.
In previous years, BEA has published an article that analyzes
preliminary statistics on the operations o f U.S. affiliates o f for
eign companies. Because o f budget constraints, BEA will not
publish an article containing indepth analysis this year. Instead, a
brief report is presented that provides a summary o f these statis
tics. Full statistics are available on BEA’s Web site. (See the report
for more information.)
In addition, the recent budget cuts have prompted BEA to
scale back in other areas. BEA will also eliminate its RIMS II re
gional modeling product and some county and metropolitan
personal income-related statistics.
J. Steven Landefeld
Director, Bureau of Economic Analysis
August 2013
iv
Taking Account...
BEA study uses Medicare
data to create price indexes
The rising cost of health care
looms as a significant long-term
economic challenge, making ac
curate health care statistics in
dispensable for economists and
policymakers. In 2010, the Na
tional Research Council’s Com
mittee on National Statistics
called on statistical agencies to
explore the viability of produc
ing statistics on expenditures
and prices by disease rather than
by service. Since then, several re
search efforts have explored how
such indexes might be con
structed. Anne E. Hall and Tina
Highfill, economists with the
Bureau of Economic Analysis
(BEA), have contributed to the
growing body of literature in
this area with a recent study that
used regression analysis to create
price indexes based on data for
publically insured beneficiaries,
specifically Medicare patients.
Measuring the output and
price
of
Medicare-financed
health care is critically impor
tant, given that the program
covers 50 million beneficiaries
and accounts for 21 percent of
total health care spending.
The authors used data from
the Medicare Current Benefi
ciary Survey, in which adminis
trative medical claims data are
matched with beneficiary health
and utilization surveys to pro
vide a comprehensive estimate
of annual medical care expendi
tures, including spending not
covered by Medicare. The survey
covers beneficiaries in fee-for-
service Medicare and in Medi
care HMOs who reside in com
munities or in institutions.
Hall and Highfill created ex
penditure indexes for 2001-2005
by regressing total health care
expenditures on dummy vari
ables for diagnoses of 27 ill
nesses for each year. The
coefficients from the regression
were used to divide up each ben
eficiary’s spending. Spending for
each illness was aggregated over
beneficiaries. An average price
for each illness in each year was
calculated by dividing the total
expenditure by the number of
patients diagnosed with the ill
ness. The average prices were
then aggregated into an overall
expenditure index.
The analysis found that the
aggregate disease-based price in
dex grew at an average annual
rate of about 6 percent. (The
study calculated prices accord
ing to two models of spending,
producing estimates of 5.8 per
cent and 6.3 percent.)
The index is a powerful tool
for understanding the sources of
growth in Medicare spending.
Nominal spending per benefi
ciary rose 8.6 percent per year in
2001-2005.
After
deflation,
however, spending rose only 2.3
percent per year. Deflation re
moves the effect of price growth,
leaving the part of spending
growth due to growth in preva
lence o f diagnosed illness. The
study found that about 27 per
cent of the growth in nominal
spending was due to growth in
prevalence, with much o f the re
mainder due to growth in prices.
The growth in prices was bro
ken down further into growth in
input prices and quantity of ser
vices (intensity o f treatment).
The former grew at 5.9 percent
per year, suggesting that all of
the price growth o f treating an
illness was due to growth in av
erage prices o f services and
drugs. Growth in the quantity of
services provided, therefore,
seemed to play a small role. De
composing growth into these
sources is important because ex
cessive growth in input prices
and quantity of services are
likely to lead to very different
policy solutions. Further claims
work could shed light on the
sources of growth in prices.
The primary disadvantage of
the study’s approach is one fa
miliar in the literature on disease-based indexes: the index is
not quality adjusted for changes
in health outcomes that result
from changes in medical care.
An ideal medical expenditure in
dex would adjust for improve
ments in health outcomes
resulting from improved medi
cal care. If the productivity of
health care is rising over time, a
price index that captures this
rise in productivity will rise
more slowly (or fall) than one
that does not. However, the au
thors sought to calculate a medi
cal expenditure index aggregated
over all diseases, which means
they would have had to adjust
for outcomes separately for each
illness, which would have been
infeasible.
August 2013
1
GDP and the Economy
Advance Estimates for the Second Quarter of 2013
eal gross domestic product (GDP) increased 1.7
.percent at an annual rate in the second quarter of
2013, according to the advance estimates of the na
tional income and product accounts (NIPAs) (chart 1
and see table 1). In the first quarter of 2013, real GDP
increased 1.1 percent (revised).1
The NIPA estimates for 1929 through the first quar
ter of 2013 have been revised as part of the comprehen
sive NIPA revision. An article describing the revised
statistics will be published in the September 2013 S u r
R
vey of
Chart 1. GDP, Prices, Disposable Personal Income (DPI)
Real GDP: Percent change from the preceding quarter1
6
C u r r e n t B u s in e s s .
• The acceleration in real GDP in the second quarter of
2013 primarily reflected upturns in nonresidential
fixed investment and in exports, a smaller decrease in
federal government spending, and an upturn in state
and local government spending that were partly off
set by an acceleration in imports and by decelerations
in private inventory investment and in consumer
spending.2
• Prices of goods and services purchased by U.S. resi
dents, as measured by the gross domestic purchases
price index, increased 0.3 percent in the second quar
ter after increasing 1.2 percent in the first quarter.
Energy prices decreased more in the second quarter
than in the first quarter. Food prices slowed. Exclud
ing food and energy, prices increased 0.8 percent after
increasing 1.4 percent (see table 2).
• Real disposable personal income (DPI) increased 3.4
percent in the second quarter after decreasing 8.2
percent in the first quarter. Current-dollar DPI
increased 3.4 percent after decreasing 7.2 percent.
The upturn in current-dollar DPI reflected a sharp
upturn in personal income and a deceleration in per
sonal current taxes (see table 3).
• The personal saving rate, personal saving as a per
centage of current-dollar DPI, was 4.5 percent in the
second quarter; in the first quarter, the rate was 4.0
percent.
1. “Real” estimates are in chained (2009) dollars, and price indexes are
chain-type measures. Each GDP estimate for a quarter (advance, second,
and third) incorporates increasingly comprehensive and improved source
data; for m ore information, see “Revisions to GDP, GDI, and Their Major
Components” in the July 2011 S u r v e y o f C u r r e n t B u s in e s s . Quarterly
estimates are expressed at seasonally adjusted annual rates, which assumes
that a rate of activity for a quarter is maintained for a year.
2. In this article, “consumer spending” refers to “personal consumption
expenditures,” “inventory investment” refers to “change in private
inventories,” and “government spending” refers to “government
consumption expenditures and gross investment.”
2009
2010
2011
2012
2013
Contributions to the percent change in real GDP in 2013:11
Consumer spending
Nonresidential fixed investment
Residential fixed investment
Inventory investment
Exports
Government spending
-1
0
1
Percentage points at an annual rate
Prices: Percent change from the preceding quarter1
4
2009
2010
2011
2012
2013
Real DPI: Percent change from the preceding quarter1
1. Seasonally adjusted at annual rates
U.S. Bureau of Economic Analysis
Teresita Duremdes Teensma prepared this article.
GDP and the Economy
2
I
Real GDP Overview
Table 1. Real Gross Domestic Product (GDP) and Rotated Measures
[Seasonally adjusted at annual rates]
Share of
currentdollar
GDP
(percent)
Change from
preceding period
(percent)
2012
2013
Gross domestic product1....
Personal consumption
expenditures...........................
100.0
68.7
Goods....................................
Durable goods......................
Nondurable goods.................
Services..................................
Gross private domestic
investment.............................
Fixed investment......................
Nonresidential......................
Structures.........................
Equipment........................
Intellectual property products
Residential...........................
Change in private inventories.....
Net exports of goods and
services...................................
Exports....................................
Goods..................................
Services..............................
Imports...................................
Goods..................................
Services..............................
Government consumption
expenditures and gross
investment.............................
Federal....................................
National defense...................
Nondefense..........................
State and local.........................
23.2
7.6
15.6
8.3
Addenda:
Final sales of domestic product.....
Goods........................................
Services.....................................
Structures...................................
Motor vehicle output....................
GDP excluding motor vehicle output
Final sales of computers...............
GDP excluding final sales of
computers...............................
Research and development (R&D)..
GDP excluding R&D....................
Contribution to percent
change in real GDP
(percentage points)
2013
2013
2012
2.8
0.1
0.1
1.1
1.7
1.7
2.3
1.8
1.15
1.13
1.54
3.7
3.7
3.7
3.4
0.84
0.85
0.85
10.5
0.6
5.8
2.7
6.5
2.0
0.59
0.25
0.74
1.6
0.10
0.43
0.43
45.6
0.7
0.6
1.5
0.9
0.31
0.29
0.69
15.8
6.5
-2 .4
4.7
9.0
0.99 -0 .3 6
0.71
15.3
2.7
11.6
-1.5
6.3
0.39
1.63 -0.23
12.2
2.7
5.6
3.9
0.3
5.9
-3.9
9.8 -4.6
17.6 -25.7
1.6
8.9
3.7
5.7
4.6
6.8
4.1
3.8
0.04
0.15
0.22
0.11
1.13 -0.57
0.44 -<3.80
0.47 0.09
0.21 0.14
3.1
14.1
12.5
13.4
2.8
2.8
19.8
1.7
-
0.35
0.5
0.60
13.4
0.4
1.1
9.2
1.6
-3.0
-
1.1
0.50
0.34
2.00
0.93
-0 .0 3
0.68 -0 .2 8
-1.3
5.4
0.05
0.15 -0.18
2.8
5.4
0.16 -0.28 -0.27
-3 .2
-
2.6
11.3
2.2
5.3
0.10
0.43
16.6
0.5
-3.1
0.6
9.5 -0.08
0.53
13.8
0.4
-3.5
0.2
9.8 -0.05
0.50
2.8
1.0
-
1.0
5.0
8.2 -0.03
0.03 -0.13
18.8
3.5
-6 .5
-4 .2
4.2
-
12.5
-
0.2
-
-8 .4
-1.5
0.69 -1.19
-
11.2
-0.5
0.60
1.0
-3.6
-3.2
1.0
-1.3
2.2
1.2
-
1.22 -0.57
0.08
0.03 - 0.11
0.3
- 0.02 -
0.12 -0.14
0.2
1.3
2.19
5.5
0.3
-9.2
2.9
0.4
7.9
1.46 -0.36 1.63
1.00 -0.35 0.21
0.32 0.85 -0.70
10.4
1.4
19.3
1.6
3.3
1.6
2.2
4.8
-
1.6
-
2.8
97.2
0.4
0.2
2.9
0.9
50.3
9.2
0.9
17.5
99.6
2.8
0.0
1.1
2.6
1.7
97.4
2.8
0.4
0.1
0.6
12.7
2.8
0.2
0.68
-
99.5
-
0.03
-0 .8 2
30.6
62.1
7.3
4.7
0.10
0.67 -1 .31
21.6
2.8
2.9
11.2
-
0.09
-
-0.4
8.9 -13.9
7.5
4.7
-
-
-
0.2
1.2
2.14
0.01 -0.07
0.22
2.78
0.00
2.78
0.04
2.74
0.16
-
0.02
0.01
0.13
0.21
0.24
0.91
0.07
1.08
0.00
1.15
1. The estimates of GDP under the contribution columns are also percent changes.
Percent changes are from NIPA tables 1.1.1 and 1.2.1, contributions are from NIPA tables 1.1.2 and 1.2.2,
and shares are from NIPA table 1.1.10, or they are calculated from NIPA table 1.2.5.
N ote .
Changes in Definitions and Presentations
As part of the comprehensive NIPA revision, several changes
were made to improve the accounts to more accurately
reflect the evolving economy. One of these changes is pre
sented in table 1: intellectual property products is now a new
category in fixed investment, and it consists of software,
research and development, and entertainment, literary, and
artistic originals.
For the details, see “Preview of the 2013 Comprehensive
Revision: Changes in Definitions and Presentations” in the
March 2013 S u rv e y o f C u r r e n t B usiness.
August 2013
Consumer spending slowed in the second quarter, re
flecting slowdowns in services and in goods.
Spending for goods slowed slightly. The largest con
tributors to the slowdown were downturns in food
and beverages purchased for off-premises consump
tion and in motor vehicle and parts (specifically used
motor vehicles).
The slowdown in spending for services primarily re
flected a downturn in electricity and gas that was
partly offset by a widespread upturn in “other” ser
vices, but especially an upturn in cellular telephone
services.
Nonresidential fixed investment turned up, primarily
reflecting an upturn in structures and an acceleration
in equipment. The upturn in structures primarily re
flected upturns in power and communication struc
tures and in mining exploration, shafts, and wells. The
acceleration in equipment was more than accounted
for by an acceleration in “other” information process
ing equipment (specifically imported communica
tions equipment).
Inventory investment slowed, reflecting a slowdown in
farm inventory investment that was partly offset by an
acceleration in nonfarm inventory investment.
Exports turned up; the upturn was primarily ac
counted for by an upturn in goods exports.
Imports picked up. The pickup primarily reflected an
upturn in goods imports.
Federal government spending decreased less than in
the first quarter; the smaller decrease was primarily
accounted for by a smaller decrease in national de
fense spending.
Real final sales of domestic product, real GDP less in
ventory investment, increased 1.3 percent after in
creasing 0.2 percent.
August 2013
S u r v e y o f C u r r e n t B u s in e s s
3
Prices
Table 2. Prices for Gross Domestic Purchases
Prices paid by U.S. residents, as measured by the gross
domestic purchases price index, decelerated sharply,
increasing 0.3 percent in the second quarter after in
creasing 1.2 percent. The deceleration primarily re
flected a larger decrease in energy prices. Prices
excluding food and energy also decelerated.
[Percent change at annual rates; based on seasonally adjusted index numbers (2009=100)]
Contribution to percent
change in gross
domestic purchases prices
(percentage points)
Change from
preceding period
(percent)
2013
2012
Gross domestic purchases1..............
Personal consumption expenditures.....
Goods................................................
Durable goods.................................
Nondurable goods............................
Services.............................................
Addenda:
Gross domestic purchases:
Food.................................................
Energy goods and services..................
Excluding food and energy...................
Personal consumption expenditures (PCE):
Food and beverages purchased for offpremises consumption.....................
Energy goods and services..................
Excluding food and energy...................
Gross domestic product (GDP).................
Exports of goods and services.................
Imports of goods and services.................
1.1
1.6
-
0.7
-
1.0
2.1
-
1.1
2.0
-0.9
2.1
2.1
0.3
1.4
1.6
1J2
0.0
1.13
1.08
0.72
1.5
0.18
0.21
0.31
1.3
0.21
0.20
0.12
0.02
0.09
0.03
0.08
0.33
0.16
0.08
0.03
0.09
- 0.02
0.3
0.9
0.2
2.4
0.4
2.8
0.4
0.1
1.8
- 0.2
-
Consumer prices slowed sharply, mainly reflecting a
downturn in prices paid for gasoline and other energy
goods.
-3.3 0.30 0.16 - 0.22
- 2.0 -0.16 -0.15 -0.08
-4.0 0.46 0.31 -0.14
1.8 0.83 0.93 0.94
2.1
1.8
1.8
2.3
0.8
1.3 0.9
1.2
4.0
4.8
1.5 -0.3 -0.5
0.2
- 0.6
1.9
4.0
6.3
5.7
Gross private domestic investment.......
Fixed investment.................................
Nonresidential.......................... .......
Structures...................................
Equipment..................................
Intellectual property products.........
Residential......................................
Change in private inventories................
Government consumption expenditures
and gross investment........................
Federal..............................................
National defense..............................
Nondefense....................................
State and local...................................
1.2
1.6
2013
2012
0.1
-
1.3
-3.4
1.4
-
0.02
0.10
0.02
0.11
0.02 - 0.02
0.06
0.25
0.17
0.04
0.04
0.18
0.13
0.05
12.2
0.8
0.04
0.25
1.09
Prices paid by government slowed, primarily reflecting
a slowdown in prices paid by the federal government
for national defense consumption expenditures after
the first-quarter pay raise for military personnel.
Prices paid by state and local governments decreased
slightly more than in the first quarter.
0.07
0.17
0.7 0.01
0.7 0.02
0.9 - 0.01
-0.3 0.05
0.4
1.4
-4.5
1.4
-
-
Prices paid for nonresidential fixed investment slowed,
primarily reflecting a slowdown in prices paid for in
tellectual property products (particularly research and
development).
0.00
0.21 - 0.01
0.13 0.07 0.02
0.23 -0.16 -0.48
1.20 1.29 0.76
0.5
12.0
0.8
0.7
1.3
1.4 -2.9
0.5 -4.9
Consumer prices excluding food and energy, a mea
sure of “core” inflation, slowed, increasing 0.8 percent
after increasing 1.4 percent.
The GDP price index increased 0.7 percent in the sec
ond quarter, 0.4 percentage point more than the in
crease in the price index for gross domestic purchases.
Export prices decreased 2.9 percent after increasing
1.4 percent, and import prices decreased 4.9 percent
after increasing 0.5 percent.
1. The estimates of gross domestic purchases under the contribution columns are also percent changes.
Most percent changes are from NIPA table 1.6.7; percent changes for PCE for food and energy goods
and services and for PCE excluding food and energy are from NIPA table 2.3.7. Contributions are from NIPA table
1.6.8. GDP, export, and import prices are from NIPA table 1.1.7.
N o te .
Note on Prices
BEA’s gross domestic purchases price index is the most
comprehensive index of prices paid by U.S. residents for
all goods and services. It is derived from the prices of per
sonal consumption expenditures (PCE), private invest
ment, and government consumption expenditures and
gross investment.
BEA also produces price indexes for all the compo
nents of GDP. The PCE price index is a measure of the
total cost of consumer goods and services, including
durable goods, nondurable goods, and services. PCE
prices for food, energy goods and services, and for all
items except food and energy are also estimated and
reported.
Because prices for food and energy can be volatile, the
price measure that excludes food and energy is often used
as a measure of underlying, or “core,” inflation. The core
PCE price index includes purchased meals and beverages,
such as restaurant meals and pet food. (See the FAQ
“What is the core PCE price index and why has it been
redefined?” on BEA’s Web site.)
BEA also prepares a supplemental PCE price index, the
“market-based” PCE price index, that is based on market
transactions for which there are corresponding price
measures. This index excludes many imputed expendi
tures, such as financial services furnished without pay
ment, that are included in PCE and the PCE price index.
BEA also prepares a market-based measure that excludes
food and energy.
GDP and the Economy
4
August 2013
Personal Income
Table 3. Personal Income and Its Disposition
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Change from preceding period
Level
2013
2013
2013
2012
VI
Personal in c o m e ........................................................
Compensation of employees........................
Wages and salaries.................................
Private industries.................................
Goods-producing industries...............
Manufacturing..............................
Services-producing industries...........
Trade, transportation, and utilities....
Other services-producing industries.
Government........................................
Supplements to wages and salaries..........
Proprietors’ income with IVA and CCAdj........
Farm.....................................................
Nonfarm................................................
Rental income of persons with CCAdj...........
Personal income receipts on assets.............
Personal interest income..........................
Personal dividend income..........................
Personal current transfer receipts..................
Government social benefits to persons........
Social security......................................
Medicare..............................................
Medicaid..............................................
Unemployment insurance.......................
Veterans benefits...................................
Other...................................................
Other current transfer receipts from business,
net......................................................
Less: Contributions for government social
insurance..
Less: Personal current taxes....................
Equals: Disposable personal income (DPI).
Less: Personal outlays............................
Equals: Personal saving..........................
Personal saving as a percentage of D P I..................
13,916.0
8.736.9
7.029.7
5.833.9
1.181.8
745.1
4.652.1
1.115.2
3.536.9
1.195.8
1.707.2
1.334.6
137.0
1.197.6
574.9
1.935.8
1.215.8
14,056.1 49.8
8.805.9 37.2
7.090.0 31.2
5,895.5 31.7
1.193.1 -6.5
751.0 -3.4
4.702.4 38.2
6.2
1.124.5
3.577.9 32.0
1.194.5 -0.4
1.715.9
5.9
1.334.9
2.2
120.7 -1.7
1.214.2
3.9
585.8
8.9
1.998.8 -8.4
1.231.5 -15.7
720.0
767.3
2.426.0 2.430.3
2.382.0 2.385.8
794.9
789.8
589.3
587.3
423.7
424.8
73.9
68.2
76.8
80.0
430.7
428.6
44.0
44.4
1.092.3
1.627.1
-157.1
-50.5
-56.9
-53.3
14.8
8.2
4.6
157.3 - 68.2
24.2
1.0
133.1 -69.2
4.2 -3.5
14.7
6.3
27.5 87.1
- 0.8
62.5
28.3 24.6
8.7 19.5
135.9 -127.0
14.7 - 2.6
371.5
196.4
181.9
177.5
20.3
The upturn in wages and salaries primarily reflected a
sharp upturn in wages and salaries of private indus
tries. The first-quarter decrease was due to the incor\ poration of preliminary data from the Quarterly
Census of Employment and Wages from the Bureau of
Labor Statistics. Government wages and salaries de
creased less than in the first quarter.
7.3 121.1 -124.3
23.6 38.0
13.3 24.1
34.1
4.4
5.4 19.6
9.8 13.2 12.1
0.6
3.6 -1.4
-7.2 -3.4 -1.4
2.4
2.0
3.5
3.2
3.3
1.8
i The downturn in farm proprietors’ income primarily
reflected a downturn in farm output.
The deceleration in government social benefits to per
sons primarily reflected a deceleration in social secu, rity benefits and a downturn in Medicare benefits.
\ First-quarter social security benefits were boosted by a
January cost-of-living adjustment. The downturn in
Medicare benefits reflected a 2.0-percentage-point re
duction in physicians’ reimbursement rates that took
effect in April.
12.2
1.1
-0.5
3.9
1.099.6
2.3
20.5
124.4
1,663.1
16.4
56.4
74.3
-
The upturn in personal dividend income followed a
, first-quarter decrease that primarily reflected the ac
celerated and special dividends that were paid by
many companies in the fourth quarter of 2012.
12.288.9 12,393.0 33.2 315.3 -231.5
11.794.9 11,839.6 93.1
95.2 98.7
494.0
553.4 -59.8 220.0 -330.1
4.0
4.5
Addenda: The effects of special factors on
changes in DPI
In government wages and salaries:
Federal pay raise..........................................
In supplements to wages and salaries:
FICA increase in maximum taxable wages......
State unemployment insurance changes in tax
rates and taxable wage base.....................
Federal Unemployment Tax Act credit reduction
In personal dividend income:
Accelerated dividends...................................
In government social benefits to persons:
Cost-of-living adjustments (COLAs)1.............
Automatic Earnings Reappraisal Operation....
In employee contributions for government social
insurance:
FICA and SECA increase in maximum taxable
wages.....................................................
SMI premium increase..................................
Additional hospital insurance tax...................
Expiration of the “payroll tax holiday” ..............
In personal current taxes:
Change in indexation....................................
Refunds, settlements, and back taxes............
Personal income, which is measured in current dol
lars, turned up in the second quarter, increasing
$140.1 billion after decreasing $157.1 billion in the
first quarter. The upturn primarily reflected sharp up
turns in personal dividend income and in wages and
salaries and a sharp deceleration in contributions for
government social insurance (a subtraction in the cal
culation of personal income) that were partly offset by
a downturn in farm proprietors’ income and a decel
eration in government social benefits to persons.
0.0
105.6 -132.6
0.0
15.2
-2.3
-0.3
2.1
27.0
4.3
6.7
115.5
0.0
0.0
0.0
0.0
-1.4
61.5
0.0
0.0
The deceleration in contributions for government so
cial insurance primarily reflected the first-quarter ex\ piration of the “payroll tax holiday” that resulted in a
2.0-percentage-point increase in the social security
contribution rate for employees and self-employed
workers.
i Personal current taxes decelerated, primarily reflecting
a deceleration in federal income taxes (specifically
nonwithheld income taxes).
Chart 2. Personal Saving Rate_________________
Percent
Seasonally adjusted annual rates
1. Includes COLAs for social security, veterans benefits, railroad retirement, and supplemental security income.
In the first quarter, the social security COLA boosted benefits $13.2 billion.
Note. Dollar levels are from NIPA tables 2.1 and 2.2B. CCAdj Capital consumption adjustment
FICA Federal Insurance Contributions Act
IVA Inventory valuation adjustment
SECA Self-Employed Contributions Act
SMI Supplementary Medical Insurance
2009
2010
U.S. Bureau of Economic Analysis
2011
2012
2013
August 2013
5
S u r v e y o f C u r r e n t B u s in e s s
Source Data for the Advance Estimates
Table 4. Source Data and Key Assumptions for the Advance Estimates of GDP and Its Components for the Second Quarter of 2013
[Billions of dollars, seasonally adjusted at annual rates]
2013
Jan.
Private fixed investment:
Nonresidential structures:
Value of new nonresidential construction put in place................................................................
Residential structures:
Value of new residential construction put in place:
Single family............................................................................................................................
Multifamily................................................................................................................................
Change in private inventories:
Change in inventories for nondurable manufacturing.....................................................................
Change in inventories for merchant wholesale and retail industries other than motor vehicles
and equipment............................................................................................................................
Feb.
April
March
May
June1
283.4
284.2
285.3
287.1
283.1
285.1
153.7
28.3
161.3
28.9
164.0
29.5
165.7
31.0
166.3
31.8
166.2
31.8
19.2
-5.4
13.6
-1.9
-2.0
-2.8
115.0
-14.9
-15.0
6.3
-17.7
-3.9
Net exports:2
Exports of goods:
U.S. exports of goods, international-transactions-accounts basis.............................................
Excluding gold.........................................................................................................................
Imports of goods:
U.S. imports of goods, international-transactions-accounts basis.............................................
Excluding gold.........................................................................................................................
Net exports of goods......................................................................................................................
Excluding gold............................................................................................................................
1,567.6
1,527.2
1,573.0
1,529.2
1,551.1
1,501.7
1.573.5
1.528.6
1,563.1
1,531.7
1,571.9
1,529.9
2,304.8
2,284.5
-737.3
-757.3
2,320.6
2,306.3
-747.6
-777.1
2,215.9
2,200.2
-664.8
-698.5
2,274.4
2,258.1
-700.9
-729.6
2,324.4
2,305.9
-761.3
-774.2
2,299.8
2,280.2
-727.9
-750.2
State and local government structures:
Value of new construction put in place...........................................................................................
241.4
244.7
241.6
241.1
245.7
243.4
1. Assumption.
not used directly in estimating exports and imports in the national income and product
2. Nonmonetary gold is included in balance-of-payments exports and imports, but it is
accounts.
Source Data and Key Assumptions for the Advance Estimates of GDP
The advance estimates of many components of GDP are
based on 3 months of source data, but the estimates of
some components are based on only 2 months of data. For
the following items, the number of months for which data
are available is shown in parentheses.
Personal consumption expenditures: sales of retail stores
(3), unit auto and truck sales (3), consumers’ shares of auto
and truck sales (2), motor vehicle fuels data (3), and elec
tricity and gas usage and unit-value data (3);
Nonresidential fixed investment: unit auto and truck sales
(3), construction spending (value put in place) (2), manu
facturers’ shipments of machinery and equipment (3), and
exports and imports of machinery and equipment (2);
Residential fixed investment: construction spending (value
put in place) (2), single-family housing starts (3), sales of
new homes (3), and sales of existing houses (3);
Change in private inventories: trade and nondurablegoods manufacturing inventories (2), durable-goods man
ufacturing inventories (3), and unit auto and truck invento
ries (3);
Net exports o f goods and services: exports and imports of
goods and services (2);
Government consumption expenditures and gross invest
ment: federal government outlays (3), state and local gov
ernment construction spending (value put in place) (2),
and state and local government employment (3);
Compensation: employment, average hourly earnings, and
average weekly hours (3); and
Prices: consumer price indexes (3), producer price indexes
(3), and values and quantities of petroleum imports (2).
Key assumptions
When source data were unavailable, BEA made various
assumptions for June, including the following (table 4):
•An increase in nonresidential structures,
•A slight decrease in single-family structures,
• No change in multifamily structures,
•A decrease in nondurable manufacturing inventories,
•A decrease in nonmotor vehicle merchant wholesale and
retail inventories,
•A decrease in exports of goods excluding gold that was less
than a decrease in imports of goods excluding gold
(resulting in an improved trade balance), and
•A decrease in state and local government construction
spending.
A more comprehensive list is available on BEA’s Web site.
August 2013
6
Initial Results of the 2013 Comprehensive Revision
of the National Income and Product Accounts
By Robert Kornfeld
HE BUREAU of Economic Analysis (BEA) re ogies and the incorporation o f newly available and
leased the initial results of the 14th comprehensive, revised source data, and (3) changes in presentations
that update the NIPA tables to reflect the changes in
or benchmark, revision o f the national income and
product accounts (NIPAs) on July 31, 2013. The last definitions and the statistical changes and to make the
tables more informative. Comprehensive revisions are
comprehensive revision was released in July 2009.
Traditionally, comprehensive NIPA revisions differ usually conducted at about 5-year intervals that corre
from annual NIPA revisions because of the scope of the spond with the integration of updated statistics from
changes and because of the number of years subject to BEA’s quinquennial benchmark input-output ac
revision. Comprehensive revisions incorporate three counts.
major types of improvements: (1) changes in defini
This article summarizes the effect of this year’s com
tions and classifications that update the accounts to prehensive revision on key NIPA measures and briefly
more accurately portray the evolving U.S. economy, describes the changes in definitions and classifications
(2) statistical changes that update the accounts to re and the key statistical and methodological changes
flect the introduction o f new and improved methodol that were implemented (see table A and table B). In
T
Table A. Changes in Definitions
Change
Components affected
Recognize expenditures by business, government, GDP, GDI, GNP, national income, PCE, gross private domestic
and nonprofit institutions serving households
investment, government consumption expenditures and gross
(NPISH) on research and development as fixed
investment, net operating surplus, consumption of fixed capi
tal, proprietors’ income, corporate profits, personal income,
investment
DPI, personal saving, government saving, net saving, and gross
saving.
Recognize expenditures by business and NPISH on GDP, GDI, GNP, national income, PCE, gross private domestic
entertainment, literary, and other artistic origi
investment, net operating surplus, consumption of fixed capi
tal, proprietors’ income, corporate profits, personal income,
nals as fixed investment
DPI, personal saving, net saving, and gross saving.
Expand the ownership transfer costs of residential GDP, GDI, GNP, national income, gross private domestic invest
fixed assets that are recognized as fixed invest
ment, net operating surplus, consumption of fixed capital,
ment and improve the accuracy of the associated proprietors’ income, rental income of persons, corporate prof
its, personal income, DPI, personal saving, net saving, and
asset values and services lives
gross saving.
Measure transactions of defined benefit pension GDP, GDI, GNP, national income, government consumption
plans on an accrual accounting basis by recog
expenditures and gross investment, compensation of employ
nizing the costs of unfunded liabilities and show ees, net operating surplus, net interest, corporate profits, per
sonal interest income, personal saving, current surplus of
ing the pension plans as a subsector of the
government enterprises, net government interest, and govern
financial corporate sector
ment saving.
Harmonize the treatment of wages and salaries by GDI, national income, compensation of employees, statistical
discrepancy, personal income, DPI, personal saving, govern
using accrual-based estimates consistently
ment saving, net saving, and gross saving.
throughout the accounts
DPI Disposable personal income
GDI Gross domestic income
GDP Gross domestic product
GNP Gross national product
NIPA National income and product account
PCE Personal consumption expenditures
Initial
year of
change
1929
1929
1929
1929
1929
August 2013
7
S u r v e y o f C u r r e n t B u s in e s s
addition, table C at the end of this article summa
rizes the major source data incorporated for selected
detailed NIPA components. Updated tables— includ
ing those that are regularly shown in the gross do
mestic product (GDP) news releases as well as special
tables— follow this article. An article in the September
2013 S u r v e y o f C u r r e n t B u s in e s s will present a more
detailed description of the comprehensive revision.
In addition, several articles describing the major im
provements of this comprehensive revision have al
ready been published; see the box “Additional
Information.”
The picture of the economy shown in the revised es
timates is similar in broad outline to the picture shown
Table B. Major Methodological Changes
Changes
Components affected
Initial
yearof
change
Product side
Improve estimates of implicit services of commercial banks
Improve estimates of employers’ contributions to state and
local government-sponsored defined contribution pension
plans
1985
Personal consumption expenditures, exports, and
federal and state and local government consump
tion expenditures for services
State and local government consumption expendi 1966
tures
Improve classifications of wind and solar power structures
Private fixed investment for nonresidential structures 1993
Seasonally adjust estimates of petroleum and natural gas struc Private fixed investment for nonresidential structures 2003
tures
Improve measures of wages paid by Indian tribal governments State and local government consumption expendi 1990
tures
Income side
Improve estimates of implicit services of commercial banks
Net interest paid by business, personal interest pay 1985
ments, personal interest income, federal and state
and local government interest payments and re
ceipts, and interest received and paid by the rest of
the world
1966
Compensation of state and local government
employees
Improve estimates of employers’ contributions to state and
local government-sponsored defined contribution pension
plans
Improve methodology for estimating the corporate partners’ Nonfarm proprietors’ income
adjustment made to nonfarm proprietors’ income
Update measures of misreporting
Wages and salaries and nonfarm proprietors’ income
Improve methodology for distributing the income of regulated Corporate profits, net interest paid by business, net
investment companies by type
dividends paid by business, personal dividend in
come, and personal interest income
Improve measures of wages paid by Indian tribal governments Compensation of state and local government em
ployees
1993
2002
1992
1990
1996
Incorporate new data on supplemental unemployment insur Compensation of employees
ance
Expand coverage of federal government rents and royalties
Federal government miscellaneous receipts and inter 1947
est and miscellaneous payments
Reclassify interest paid to the rest of the world by government- Federal interest paid and net interest paid by business 1970
sponsored enterprises
Changes from previous annual revisions carried back
Improve estimates of mortgage interest paid
Improve estimates of medical and hospitalization insurance
and income loss insurance
Improve deflation of fixed investment for new light trucks
Rental income of persons and net interest paid by
business
Personal consumption expenditures
1993
Personal consumption expenditures
1987
1992
Initial Results of the 2013 Comprehensive NIPA Revision
8
in the previously published estimates. For this compre
hensive revision, many current-dollar estimates were
revised back to 1929, the earliest year for which NIPA
estimates are available as a result of changes in defini
tions, in classifications, and in presentations.
GDP growth highlights
• For 1929-2012, the average annual growth rate of
real GDP was 3.3 percent, 0.1 percentage point
higher than in the previously published estimates.
• For 2002-2012, the average annual growth rate was
1.8 percent, 0.2 percentage point higher than in the
previously published estimates.
• For 2009-2012, the average annual growth rate of
real GDP was 2.4 percent, 0.3 percentage point
higher than in the previously published estimates.
• For the 3 most recent years, the annual growth rate
was revised up from 2.4 percent to 2.5 percent for
2010, was unrevised at 1.8 percent for 2011, and was
revised up from 2.2 percent to 2.8 percent for 2012.
GDI growth highlights
• For 1929-2012, the average annual growth rate of
real GDI was 3.3 percent, 0.1 percentage point
higher than in the previously published estimates.
• For 2002-2012, the average annual growth rate was
1.8 percent, 0.2 percentage point higher than in the
previously published estimates.
• For 2009-2012, the average annual growth rate of
real GDI was 2.6 percent, 0.3 percentage point
higher than in the previously published estimates.
• For the 3 most recent years, the annual growth rate
Additional Information
The revised estimates for most national income and
product account (NIPA) tables are available on BEAs
Web site at www.bea.gov. The release schedule for the
remaining NIPA tables is also available on the Web
site.
The improvements incorporated in the revised esti
mates have been previewed in a series of S u r v e y o f
C u r r e n t B u s i n e s s articles and are available on BEA’s
Web site:
• Changes in Definitions and Presentations (March
2013)
• Statistical Changes (May 2013)
An article in the September 2013 S u r v e y will present
a more detailed description of the comprehensive
revision.
August 2013
was revised down from 3.1 percent to 2.7 percent
for 2010, was revised up from 1.8 percent to 2.5 per
cent for 2011, and was revised up from 2.2 percent
to 2.5 percent for 2012.
Business cycle highlights
• For the contraction that lasted from the fourth
quarter of 2007 to the second quarter of 2009, real
GDP decreased at a 2.9 percent annual rate; in the
previously published estimates, it had decreased 3.2
percent. The cumulative decrease in real GDP (not
at an annual rate) was 4.3 percent; in the previously
published estimates, it was 4.7 percent. In the
revised estimates, real GDP decreased in the first,
third, and fourth quarters of 2008 and in the first
and second quarters of 2009.
• For the expansion from the second quarter of 2009
to the first quarter o f 2013, real GDP increased at a
2.2 percent annual rate; in the previously published
estimates, it had increased 2.1 percent. From the
third quarter of 2009 to the first quarter of 2013,
real GDP increased in all quarters except the first
quarter of 2011, when it decreased 1.3 percent; in
the previously published estimates, real GDP
increased in all quarters during this period.
• Earlier business cycles show little revision.
Price highlights
• For 1929-2012, the average annual increase in the
price index for gross domestic purchases was
revised down from 3.0 percent to 2.9 percent; the
average annual increase in the price index for GDP
was unrevised at 2.9 percent. For 2002-2012, the
average annual increase in the price index for gross
domestic purchases was revised down from 2.4 per
cent to 2.3 percent; the average annual increase in
the price index for GDP was revised down from 2.3
percent to 2.1 percent. For 2009-2012, the average
annual increase in the price index for gross domes
tic purchases was revised down from 1.9 percent to
1.8 percent; the average annual increase in the price
index for GDP was revised down from 1.8 percent
to 1.6 percent.
• For 1929-2012, the average annual increase in the
price index for personal consumption expenditures
(PCE) was unrevised at 2.9 percent. For 2002-2012,
the average annual increase in the PCE price index
was revised down from 2.2 percent to 2.1 percent.
For 2009-2012, the average annual increase in the
PCE price index was unrevised at 2.0 percent.
August 2013
S u r v e y o f C u r r e n t B u s in e s s
Income and saving highlights
• Personal income was revised up for 1929-2007,
down for 2008, and up for 2009-2012. These revi
sions mainly reflect the new accrual approach for
measuring defined benefit pension plans, which
results in upward revisions to personal income
receipts on assets for 1929-2012 and in upward
revisions to supplements (specifically, employer
contributions for employee pension and insur
ance funds) for 1929-1975, for 1989-2002, and for
2004-2011. A number of other definitional and sta
tistical changes also affected the revisions to per
sonal income.
• The pattern of revisions to disposable personal
income (DPI), which equals personal income less
personal current taxes, is similar to that of personal
income. For 1929-2012, the average annual increase
in real DPI was 3.2 percent, 0.1 percentage point
higher than in the previously published estimates.
For 2002-2012, the average annual increase was 2.0
percent, 0.2 percentage point higher than in the pre
viously published estimates. For 2009-2012, the
average annual increase was 1.8 percent, 0.2 per
centage point higher than in the previously pub
lished estimates.
• Personal saving (DPI less personal outlays) was
revised up for 1929-2007, down for 2008, and up
for 2009-2012. These revisions reflect the revisions
to DPI and are mainly the result of the new accrual
treatment o f defined benefit pension plans. The
personal saving rate (personal saving as a percent
age o f DPI) was revised up for 1929-2007, down for
2008, and up for 2009-2012, reflecting the revisions
to personal saving.
Improvements incorporated in this
comprehensive revision
Changes in definitions, classifications, and presenta
tions. The changes in definitions, in classifications,
and in presentations introduced in this comprehensive
revision include the following:
• Expenditures by business, government, and non
profit institutions serving households for research
and development are recognized as fixed invest
ment. The new treatment improves BEA’s measures
of fixed investment and allows users to better mea
sure the effects of innovation and intangible assets
on the economy.
• Similarly, expenditures by private enterprises for the
creation o f entertainment, literary, and artistic orig
9
inals are recognized as fixed investment, further
expanding BEA’s measures of intangible assets.
• In the NIPA fixed investment tables, a new category
o f investment, “intellectual property products,”
consists of research and development; entertain
ment, literary, and artistic originals; and software.
•Transactions of defined benefit pension plans are
recorded on an accrual accounting basis, which rec
ognizes the costs of unfunded liabilities.
•An expanded set of ownership transfer costs for res
idential fixed assets is recognized as fixed invest
ment, and the accuracy of the associated asset values
and services lives is improved.
•The reference year for the chain-type quantity and
price indexes and for the chained-dollar estimates is
updated to 2009 from 2005.
Statistical changes. Important statistical changes
that introduce new and improved methodologies and
that bring in newly available source data include the
following:
• BEA’s 2007 benchmark input-output (I-O)
accounts, which provide the most thorough and
detailed information on the structure of the U.S.
economy, were used to benchmark the expenditure
components of GDP and some o f the income com
ponents.
• For 1966 forward, the estimates of employers’ con
tributions to state and local government-sponsored
defined contribution pension plans are improved by
incorporating new source data.
• For 1985 forward, the methods for computing
financial services provided by commercial banks are
improved to establish a more accurate picture of
banking output.
• For 1993 forward, the estimates of proprietors’
income are improved by more accurately account
ing for the capital gains and losses attributable to
corporate partners.
• For 1993 forward, the estimates of mortgage interest
paid for nonfarm permanent-site housing are
improved by incorporating several new data
sources.
For a summary of the major sources of revision for
selected NIPA components, see table C.
Effects of improvements on major aggregates. The
improvements and the new and revised source data in
corporated as part of this comprehensive revision have
notable effects on current-dollar NIPA aggregates
without changing broad economic trends or the gen
eral patterns o f business cycles. In the aggregate,
10
Initial Results of the 2013 Comprehensive NIPA Revision
changes in definitions (mainly the recognition of new
forms of fixed investment) have the largest effect on
current-dollar GDP and GDI for 1929-2012, and sta
tistical changes (improved data and methodologies)
tend to have smaller effects. For example, for 2012, the
level of current-dollar GDP was revised up $559.8 bil
lion; $526.0 billion of this upward revision resulted
Chart 1. Sources of Revision to Current-Dollar GDP,
August 2013
from definitional changes (chart 1).
Changes in definitions (mainly accrual accounting
for defined benefit pension plans, which credits house
holds with the value of accrued benefits from these
plans) raise personal income and personal saving
(chart 2). Statistical changes have mixed effects on per
sonal income and on personal saving.
Chart 2. Sources of Revision to Current-Dollar Personal
Table C follows.
August 2013
11
S u r v e y o f C u r r e n t B u s in e s s
Table C. Selected Components Detail and Major Source Data and Conceptual and Statistical Changes Incorporated, 2007-2012—Continues
Billions of dollars
Line
NIPA component
Revised level
2007
1 Gross domestic product......................................
2
Personal consumption expenditures............
3
4
5
2009
2012
14,480.3 14,417.9 16,244.6
9,744.4 9,842.9 11,149.6
2007
2008
2009
451.6
-27.9
428.8
-30.0
444.2
-3 .0
3,361.6
1,184.6
400.6
3,198.4
1,023.3
317.1
3,769.7
1,202.7
401.7
-2 .3
-3.8
0.7
- 6.0
- 6.6
0.3
4.0
-6.3
Net purchases of used motor
vehicles......................................
111.2
99.7
103.1
-5.5
-5.5
-4.5
Furnishings and durable household
equipm ent...........................................
283.5
244.3
275.1
12.2
10.8
8.9
G oods...............................................................
Durable g oods.............................................
Motor vehicles and p arts.......................
Major source data and conceptual and statistical changes incorporated'
Revision in level
1.1
2010
459.4
2011
458.1
-17.2
2012
559.8
30.0
-13.5
-16.2
-13.8
- 2.1
-8 .7
-0.7
- 22.1
-16.5
-4 .9
11.2
-15.9
-15.8
9.1
8.4
9.3
-5.3
Of which:
6
7
-
For 2007, BEA benchmark input-output accounts. Revised Census Bureau
annual retail trade survey (ARTS) data on gross margins and on retail sales
of used motor vehicle dealers for 2010; new ARTS data for 2011; revised
Census Bureau monthly retail trade survey (MRTS) data for 2012; new trade
source data on cars and trucks in operation for 2012.
Of which:
8
Furniture and furnishings.............
171.8
144.6
164.1
10.6
9.6
8.9
9.2
8.9
9.8
9
Recreational goods and vehicles.........
335.8
303.8
334.5
-13.6
-14.7
-13.5
-14 .0
-19.0
-19.5
195.6
184.9
205.0
-15.6
-15.9
-14.1
-14.3
-16.6
-16.2
164.8
2,176.9
158.2
2,175.1
191.3
2,567.0
-3 .0
1.4
-3.1
- 2.6
10.3
-3.1
1.1
- 0.8
0.6
6.6
-5 .6
2.8
737.3
770.0
863.3
26.1
26.5
27.7
28.3
22.8
34.2
Food and nonalcoholic beverages
purchased for off-premises
consumption..............................
634.7
663.4
740.9
19.8
20.3
21.0
21.4
17.2
26.9
Clothing and footwear...........................
323.7
306.5
354.6
-11.7
-11.4
-10.5
11.0
-10.9
-11 .3
For 2007, BEA benchmark input-output accounts. Revised ARTS data for
2010; new ARTS data for 2011; revised MRTS data for 2012.
Of which:
10
11
12
13
Video, audio, photographic, and
information processing
equipment and media...............
Other durable goods...............................
Nondurable goods......................................
Food and beverages purchased for offpremises consumption......................
-
For 2007, BEA benchmark input-output accounts. Revised ARTS data for
2010; new ARTS data for 2011; revised MRTS data for 2012.
Of which:
14
15
-
For 2007, BEA benchmark input-output accounts. Revised ARTS data for
2010; new ARTS data for 2011; revised MRTS data for 2012; new trade
source retail scanner data for 2012.
Of which:
-
10.1
16
Men's and boys' clothing..............
85.3
81.5
93.5
-9 .9
-9 .8
-9 .2
-9 .6
-9 .9
17
Gasoline and other energy g oods........
345.5
284.5
417.0
-19.3
-21.4
-14.8
-19 .0
-19.4
-23 .3
Motor vehicle fuels, lubricants,
and fluids....................................
319.9
260.2
390.4
-23.1
-26.2
-18.5
- 22.8
-24.3
-28.0
Other nondurable goods........................
770.4
814.2
932.1
6.3
6.8
8.1
8.4
1.9
3.0
-11.3
11.2
-10.7
11.1
-14.0
-14.1
For 2007, BEA benchmark input-output accounts. Revised ARTS data for
2010; new ARTS data for 2011; revised MRTS data for 2012.
Of which:
18
19
For 2007, BEA benchmark input-output accounts. Revised Energy
Information Administration supply data on non-diesel fuel for 2010-2012;
new BLS consumer expenditure survey data on diesel fuel for 2008-2011.
Of which:
20
142.0
-
-
For 2007, BEA benchmark input-output accounts. Revised ARTS data for
2010; new ARTS data for 2011; revised MRTS data for 2012.
For 2007, BEA benchmark input-output accounts. Revised ARTS data for
2010; new ARTS data for 2011; revised MRTS data for 2012.
For 2007, BEA benchmark input-output accounts. Revised Department of
Treasury, Alcohol and Tobacco Tax and Trade Bureau data for 2010-2012.
Recreational ite m s........................
124.5
123.8
21
Personal care products................
99.0
100.1
114.6
10.3
10.5
7.9
8.0
6.9
7.6
22
Tobacco..........................................
84.3
99.5
108.8
10.6
10.7
11.6
11.8
12.2
12.0
6,382.9
6,644.5
7,379.9
-25.4
-24.0
-7.0
11.8
4.9
43.4
6,134.1
1,758.2
7,089.4
2,013.9
1,719.9
-20.3
- 21.6
2.0
8.1
1,480.0
6,368.5
1,881.0
1,591.6
7.1
13.8
-3.5
9.4
15.4
-7.5
17.1
23.1
18.9
31.0
36.7
54.3
48.0
55.0
Rental of tenant-occupied
nonfarm housing...................
316.0
359.7
430.4
4.9
6.1
6.6
12.4
24.7
36.3
Revised Census Bureau current population survey/housing vacancy survey
(CPS/HVS) data for 2003-2011; new CPS/HVS data for 2012; revised BEA
utilities data for 2003-2011; new BEA utilities data for 2012; revised
Department of Energy (DOE) residential energy consumption survey
(RECS) data for 2005; new DOE RECS data for 2009; new BLS consumer
expenditure survey data on tenant expenditures for 2008-2011; new Census
Bureau decennial census of housing (COH) data for 2010; new Census
Bureau American housing survey (AHS) data for 2011.
Imputed rental of owneroccupied nonfarm housing...
1,142.3
1,209.9
1,263.7
1.0
6.4
7.6
9.4
11.0
16.7
Revised Census Bureau CPS/HVS data for 2003-2011; new CPS/HVS data
for 2012; revised BEA constant-dollar housing stock data for 2008-2011;
new BEA constant-dollar housing stock data for 2012; new Census Bureau
decennial COH data for 2010; new Census Bureau AHS data for 2011.
Household utilities..............................
278.2
289.4
294.0
-5.7
- 6.0
- 6.0
-5.8
-7.0
23
24
25
26
S ervices...........................................................
Household consumption expenditures (for
services)..................................................
Housing and utilities...............................
Housing...............................................
-
Of which:
27
28
29
See the footnotes and abbreviations at the end of the table.
-5.1
12
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table C. Selected Components Detail and Major Source Data and Conceptual and Statistical Changes Incorporated, 2007-2012—Continues
Billions of dollars
Line
30
NIPA component
H ealthcare..............................................
Major source data and conceptual and statistical changes incorporated 1
Revision in level
Revised level
2007
2009
2012
2007
2008
2009
2010
2011
2012
1,481.8
1,627.4
1,847.6
24.1
23.9
25.8
27.7
16.2
29.5
31
Physician services.........................
365.7
392.8
433.9
5.5
5.8
5.9
5.9
5.8
13.8
For 2007, BEA benchmark input-output accounts. Revised Census Bureau
service annual survey (SAS) taxable and tax-exempt revenue data for 2010
and 2011; new SAS data for 2012.
32
Hospitals..........................................
658.1
736.6
861.2
17.9
19.9
21.3
23.2
17.9
22.6
For 2007, BEA benchmark input-output accounts. Revised SAS taxable and
tax-exempt revenue data for 2010 and 2011; new SAS data for 2012.
33
34
Transportation services.........................
Recreation services................................
289.7
376.0
5.3
6.2
2.6
5.3
6.4
-5.8
-6.9
768.5
480.3
600.3
719.0
452.2
5.2
0.4
-4 .9
5.2
5.3
Food services and accommodations....
Financial services and insurance
Financial services...............................
318.1
416.6
701.7
821.0
496.1
5.8
35
36
37
312.2
375.8
595.6
- 21.8
-21.5
-35.5
-38.3
Financial services furnished
without payment....................
236.6
229.4
259.1
-14.2
-32.0
Insurance.............................................
Of which:
6.6
5.2
-
12.2
- 6.0
-11.9
- 22.8
-25.1
-13.3
-33.1
-39.2
-27.8
- 8.1
-42.7
-21.5
-34.5
-24.0
-39.6
Of which:
38
Improved estimates of implicit services of commercial banks. Revised FRB
flow of funds accounts data for 2010 and 2011; new flow of funds accounts
data for 2012; revised IRS tabulations of corporate tax return data for 2010;
new IRS tabulations of corporate and of sole proprietorship and partnership
tax return data for 2011; new FDIC data for 2012; new trade source data on
credit unions and on investment companies for 2012.
288.2
266.7
325.0
-0 .3
2.8
2.3
6.2
21.7
34.8
40
Life insurance.............................
87.5
80.0
103.3
3.7
5.1
4.7
5.1
15.0
17.0
Revised trade source data on life insurance company expenses for
2007-2010; new trade source data for 2011; new BLS quarterly census of
employment and wages data for 2012.
41
Net health insurance................
131.3
119.4
154.5
-4 .3
2.8
0.5
6.9
19.0
Revised benefits-to-premiums ratio based on new trade source data on
medical insurance for 2011; new DHHS medical expenditures panel survey
data for 2011 and 2012.
42
43
Other services.........................................
Communication..................................
841.9
875.1
217.9
970.4
251.7
-25.5
-3 .8
-20.7
0.7
-1 9.6
203.3
2.2
-1 7.7
3.2
-21 .4
5.3
-15.1
16.5
39
Of which:
-
2.6
-
Of which:
44
Telecommunication services....
149.0
149.6
160.6
-10.4
-10.4
-9 .5
-9 .4
-13.0
-13.2
For 2007, BEA benchmark input-output accounts. Revised SAS product
revenue data for 2007-2010; new SAS product revenue data for 2011; new
SAS industry revenue data for 2012.
45
Internet access..........................
42.3
56.3
80.7
3.9
7.5
8.3
9.3
15.7
27.4
For 2007, BEA benchmark input-output accounts. Revised SAS product
revenue data for 2007-2010; new SAS product revenue data for 2011; new
SAS industry revenue data for 2012.
46
47
Education services.............................
Professional and other services
196.6
264.9
169.4
-1 .3
0.4
-1 .3
4.0
-
124.8
-1 .3
-1 .7
0.7
-1 .5
Personal care and clothing services
Social services and religious
activities...........................................
0.9
- 0.2
0.4
-0 .4
48
49
219.9
161.5
109.9
2.4
-0 .5
-6 .3
4.9
124.6
133.2
147.3
-13.2
-13.9
-14.2
-14.6
-15 .4
-15 .3
50
Net foreign tra vel................................
-21.5
-27.5
-53.6
-12.3
-8.9
- 8.1
-
10.1
-12.9
-16.9
104.1
97.9
110.0
-9 .8
-9.9
-9.2
-11.4
-15.0
-17.1
248.8
983.1
276.0
1,072.6
290.5
1,194.1
-5.1
-6 .3
-2.5
-5.6
-3.5
- 6.1
-4.3
-7.5
-14.0
-22.9
-10.9
-21.4
734.4
796.5
903.6
1.1
-3.1
-2.7
-3.2
- 8.8
-10.5
2,643.7
2,609.3
1,920.6
496.9
1,878.1
2,025.7
1,633.4
438.2
2,475.2
348.5
343.2
283.1
-28.0
337.2
328.1
284.7
363.5
360.3
319.8
-14.3
377.2
377.3
330.3
-24.2
412.9
404.9
348.7
-33.9
328.8
322.2
284.1
-12.9
-26.1
5.1
17.2
3.3
22.9
12.1
-19.7
Improved classifications of wind and solar power structures. For 2007, BEA
benchmark input-output accounts.
For 2007, BEA benchmark input-output accounts. Revised trade source data
on footage drilled for 2008-2011; new trade source data for 2012; new
Census Bureau annual capital expenditures survey data for 2011.
163.6
111.5
-
1.0
1.0
For 2007, BEA benchmark input-output accounts. Revised SAS taxable and
tax-exempt revenue data for 2010 and 2011; new SAS data for 2012.
Of which:
51
53
Foreign travel by U.S.
residents 2..............................
Final consumption expenditures of
nonprofit institutions...............................
Gross output of nonprofit institutions....
54
Less: Receipts from sales of goods and
52
services by nonprofit institutions
55
56
57
58
Gross private domestic investment..............
Fixed investment..............................................
Nonresidential.............................................
Structures................................................
2,409.1
1,970.0
437.3
-
Revised BEA international transactions accounts data for 1999-2012.
New treatment of research and development. For 2007, BEA benchmark
input-output accounts. Revised SAS tax-exempt expenses data for 2010 and
2011; new SAS data for 2012.
See entries under Household consumption expenditures (for services), line
24.
Of which:
59
60
Pow er..............................................
54.1
41.5
76.1
60.4
83.2
Electric........................................
66.8
4.0
7.9
5.1
14.1
5.7
18.6
4.9
12.3
61
Other power................................
12.7
15.7
16.3
-3 .8
-9.0
-12.9
-7.4
62
Petroleum and natural g a s ...........
94.9
69.4
116.5
-31 .7
-37.5
-15.9
-18.4
-28.6
-27.7
63
64
Equipm ent 3.............................................
885.8
303.2
644.3
256.1
907.6
6.8
3.5
5.7
13.4
17.6
1.6
-3.1
-2 .4
0.8
Information processing equipm ent 3
-
Improved classifications of wind and solar power structures. For 2007, BEA
benchmark input-output accounts.
284.5
Of which:
65
Communication equipment
106.2
79.4
95.8
6.8
66
Industrial equipment..........................
194.1
152.1
195.3
1.1
See the footnotes and abbreviations at the end of the table.
-
-
2.2
For 2007, BEA benchmark input-output accounts. Revised Census Bureau
annual survey of manufactures (ASM) data for 2010; new ASM data for
2011; revised Census Bureau monthly industry shipments data for 2012.
August 2013
13
S u r v e y o f C u r r e n t B u s in e s s
Table C. Selected Components Detail and Major Source Data and Conceptual and Statistical Changes Incorporated, 2007-2012—Continues
Billions of dollars
Line
NIPA component
Revised level
2007
2009
Major source data and conceptual and statistical changes incorporated 1
Revision in level
2012
2007
2008
2009
2010
2011
2012
67
Transportation equipment.................
188.8
70.6
214.4
-1 .4
-0 .7
-5 .3
4.3
7.1
17.5
For 2007, BEA benchmark input-output accounts. Revised trade source data
on motor vehicle unit sales and prices for 2007; revised trade source data on
auto and light truck average expenditures for 2008-2011; revised trade
source data on business motor vehicle registrations for 2012.
68
Other equipm ent...............................
211.8
174.2
223.7
10.5
8.7
2.8
10.3
10.7
6.8
For 2007, BEA benchmark input-output accounts. Revised Census Bureau
ASM data for 2010; new ASM data for 2011; revised Census Bureau monthly
industry shipments data for 2012.
69
12.2
8.6
6.0
2.2
1.6
1.3
1.5
537.9
550.9
10.3
625.0
3.7
70
Less: Sale of equipment scrap,
excluding a uto s.............................
Intellectual property products 3.............
71
Software..............................................
244.2
256.8
281.6
0.8
1.3
- 0.1
-8 .9
223.3
229.0
269.1
70.4
688.7
65.1
392.2
60.0
60.4
43.5
43.8
56.3
38.5
40.5
41.0
47.1
383.9
74.3
439.2
430.2
38.1
678.8
47.5
56.6
144.7
9.9
95.2
8.3
106.9
9.0
-0 .4
-0 .5
-0.5
-0 .5
-0 .4
-0 .4
34.5
-0.7
35.2
92.4
3.4
-147.6
- 1.6
-146.0
-153.7
66.1
5.4
9.1
0.0
0.0
6.6
0.1
3.1
-11.7
77.8
- 0.2
-0 .3
5.4
9.1
3.2
92.8
1.0
6.8
-0 .4
6.0
1.0
6.5
4.5
14.8
0.0
28.5
25.2
3.4
33.8
4.4
7?
Research and development 3...........
73
Entertainment, literary, and artistic
o riginals 3.......................................
74
Residential....................................................
Structures................................................
75
-
-
11.1
-
11.8
New treatments of research and development and of entertainment, literary,
and artistic originals.
For 2007, BEA benchmark input-output accounts. Revised Census Bureau
service annual survey (SAS) revenue data for 2010 and 2011; new SAS data
for 2012; new BLS occupational employment survey data for 2012.
New treatment of research and development.
New treatment of entertainment, literary, and artistic originals.
Of which:
76
77
78
79
80
81
82
83
84
85
Brokers' commissions and other
ownership transfer co sts 3........
Residential equipment...........................
Change in private inventories........................
Farm ..............................................................
Nonfarm........................................................
Change in book value............................
Mining, utilities, and construction....
Manufacturing.....................................
Wholesale tra de .................................
86
Merchant w holesale......................
Nonmerchant wholesale...............
87
Retail trade..........................................
38.5
33.2
25.8
7.5
13.8
-5 .3
-33.5
-62.0
-49.4
-12.5
-47.8
New treatment of ownership transfer costs.
0.0
6.2
0.8
0.6
1.2
3.9
1.6
5.8
-1 .4
6.0
0.0
0.0
0.0
0.0
0.0
23.2
0.0
-
8.9
-15.0
-547.2
2,195.9
-4 .6
0.1
0.0
3.1
-3.5
-3.7
2.0
-3.0
-3.5
-3.6
0.1
0.0
-3.8
-3.6
-6 .9
-0.9
- 0.1
- 0.8
0.3
-0 .7
7.0
-
6.4
-3.3
2.0
0.1
0.6
8.0
4.4
3.7
4.9
-6 .4
0.7
1.1
- 0.1
-1 .9
-2.3
0.5
1.5
-1.5
-3.1
-5.2
1.6
2.8
5.6
0.0
2.4
5.7
-1.5
1.1
1.8
- 0.6
Of which:
88
89
90
91
92
Retail motor vehicle dealers....
Other industries..................................
IVA............................................................
Net exports of goods and services2............
Exports.............................................................
3.7
3.4
-57.2
-709.8
1,665.7
93
94
Goods...........................................................
Services.......................................................
1,165.3
500.4
-33.0
-5.1
7.7
-392.2
1,583.8
1,064.7
4.3
519.1
1,536.0
659.9
3.3
4.0
3.3
0.7
—0.6
7.0
-0 .9
2.5
4.6
- 1.2
12.7
11.9
7.9
- 6.8
18.7
Revised BEA international transactions accounts data for 1999-2012.
Of which:
95
Royalties and license fees................
97.8
98.4
124.2
13.2
0.0
0.0
96
Other private services.......................
211.6
237.3
294.5
10.8
0.0
0.0
97
98
Im ports.............................................................
Goods...........................................................
2,375.5
2,000.3
1,976.0
1,587.3
2,743.1
2,295.4
0.7
-0.4
0.1
0.1
-
-
0.1
-0 .7
Reclassification of distribution rights for film and television recordings from
exports of “other* private services.
0.7
9.4
19.1
Reclassification of distribution rights for film and television recordings to
exports of rents and royalties. Improved methodology for estimating
expenditures by seasonal, border, and other short-term workers for
2003-2012. New BEA 2011 Benchmark Survey of Transactions in Selected
Services and Intangible Assets with Foreign Persons data for 2011;
corrected reporting and new data from major companies for 2011 and 2012.
- 0.2
- 0.2
5.9
4.2
7.6
5.4
-0.9
3.5
0.2
0.0
4.4
5.5
4.5
0.1
0.0
1.7
2.3
-4.4
-
Of which:
99
O ther...................................................
85.1
75.5
90.6
-10.7
100
101
375.3
388.7
447.7
1.3
102
S ervices.......................................................
Government consumption expenditures
and gross investment..................................
Federal.............................................................
2,801.9
1,049.8
3,089.1
1,217.7
3,167.0
1,295.7
127.7
73.5
125.1
75.5
121.9
74.1
116.5
80.8
98.9
82.0
104.2
81.4
103
104
National defense........................................
Consumption expenditures....................
678.7
526.1
788.3
613.3
817.1
652.0
16.4
-49 .3
16.3
-50.5
12.3
-51.1
15.1
-49.3
15.0
-49.3
8.0
-51.6
201.5
228.8
248.6
-36.8
-40.2
-4 5.0
-46.0
-49.4
-55.3
New treatment of defined benefit pension plans.
144.6
192.8
19.5
161.1
190.9
52.5
-48.2
56.0
-49.2
58.1
-47.1
60.2
-46.2
20.0
16.5
17.1
17.1
17.3
165.1
8.4
65.8
- 0.1
66.8
0.0
63.5
64.3
0.0
0.0
62.6
-39 .8
17.7
59.5
- 0.1
New treatment of research and development.
175.0
17.1
62.1
-43.6
18.3
64.3
- 0.1
70.8
71.9
86.0
86.2
71.8
6.5
65.4
6.8
70.5
7.7
62.9
-
Reallocation of adjustments for low-value imports and for inland freight in
Canada and Mexico.
Revised allocations of FY 2011 and FY 2012 OMB Budget data for
2010-2012; preliminary FY 2013 OMB Budget data for 2012.
Of which:
105
106
Compensation of general
government employees............
Consumption of general
government fixed capita l..........
Services..........................................
Gross investment....................................
129.9
156.5
18.6
152.7
110
111
11?
Structures............................................
10.0
113
114
Software 3.......................................
Research and development 3.......
107
108
109
Less: Own-account investment....
See the footnotes and abbreviations at the end of the table.
65.0
New treatment of research and development.
New treatment of research and development.
New treatment of research and development.
14
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table C. Selected Components Detail and Major Source Data and Conceptual and Statistical Changes Incorporated, 2007-2012—Continues
Billions of dollars
Line
2007
115
116
371.0
2009
2012
2007
272.3
429.4
320.4
478.6
359.7
57.0
- 1.2
128.1
146.7
162.5
76.9
62.7
14.2
98.8
11.4
16.1
71.3
14.2
57.2
1,752.2
1,411.4
83.5
81.4
15.4
94.3
91.0
Compensation of general
government employees................
Nondefense.................................................
Consumption expenditures....................
Major source data and conceptual and statistical changes incorporated 1
Revision in level
Revised level
NIPA component
2008
2009
2010
2011
2012
- 2.6
66.9
-3.6
73.5
3.7
-14.6
-15.0
-14.4
-16.1
New treatment of defined benefit pension plans.
55.1
-30.9
12.4
68.3
57.6
-33.6
58.6
-27.4
New treatment of research and development.
New treatment of research and development.
New treatment of research and development.
0.0
51.9
-27.8
12.3
63.9
- 0.1
- 0.6
0.6
22.8
59.2
-1 .5
61.8
- 2.1
-13.3
-13.7
48.0
-25.2
50.6
-27.6
11.7
60.6
65.8
Of which:
117
Compensation of general
government employees............
118
Consumption of general
government fixed ca pita l..........
S ervices..........................................
Less: Own-account investment....
Gross investment....................................
119
120
121
122
Structures............................................
123
124
125
126
127
128
109.0
12.0
17.7
79.3
15.0
64.3
1,871.4
15.1
118.9
14.2
19.5
85.3
17.2
11.6
58.3
0.3
12.6
12.1
70.6
69.8
1.3
68.0
New treatment of research and development.
54.3
49.6
47.8
35.8
1,508.4
1,871.3
1,536.4
42.5
39.5
35.1
22.1
17.0
- 0.6
1,065.5
1,141.9
1,178.5
83.8
83.6
85.5
99.7
93.6
90.4
New treatment of defined benefit pension plans. Improved estimates of
employers’ contributions to defined contribution pension plans. Improved
measures of wages paid by Indian tribal governments.
144.7
207.1
162.1
178.8
212.0
247.8
7.8
-2 .9
9.3
-5.2
9.9
0.5
10.2
131
Consumption of general government
fixed ca pita l....................................
Nondurable goods..............................
-9.8
10.4
-16 .4
10.7
-12.7
132
S ervices..............................................
346.8
372.8
370.9
-16.2
-19.2
-30.4
-41.2
-43.6
-37.0
133
134
Less: Own-account investment........
Less: Sales to other sectors.............
Of which:
33.6
343.0
36.2
369.4
35.2
12.0
13.1
13.4
428.2
18.1
12.9
15.9
16.6
22.2
14.0
29.2
New treatment of research and development.
New treatment of research and development. For 2007, BEA benchmark
input-output accounts. Revised Census Bureau government finances FY
2006-FY 2010 tabulations for 2005-2010; new government finances FY
2011 tabulations for 2010 and 2011.
New treatment of research and development. For 2007, BEA benchmark
input-output accounts. Revised Census Bureau government finances FY
2006-FY 2010 tabulations for 2005-2010; new government finances FY
2011 tabulations for 2010 and 2011.
New treatment of research and development.
30.6
135
Other sales.................................
123.5
123.3
137.6
15.4
13.6
13.4
15.8
18.4
18.2
136
137
Gross investment.........................................
340.8
271.2
363.0
289.8
334.9
262.7
11.8
2.8
10.0
12.7
13.7
2.1
4.5
17.5
9.5
17.2
0.3
State and local.................................................
Consumption expenditures........................
5.6
Of which:
129
130
Structures................................................
14.2
New treatment of research and development. For 2007, BEA benchmark
input-output accounts. Revised Census Bureau government finances FY
2006-FY 2010 tabulations for 2005-2010; new government finances FY
2011 tabulations for 2010 and 2011.
10.8 Revised Census Bureau government finances FY 2006-FY 2010 tabulations
for 2005-2010; new government finances FY 2011 tabulations for 2010 and
2011; revised Census Bureau construction spending (value put in place)
data for 2011 and 2012.
43.9
25.8
11.7
14.1
138
139
140
141
142 Gross domestic product......................................
143 Less: Statistical discrepancy 4 ................................
144 E q u a l s : Gross domestic incom e........................
Compensation of employees, p a id ....................
145
146
Wages and salaries.........................................
147
To persons....................................................
148
To the rest of the w orld...............................
149
Supplements to wages and salaries.............
150
Taxes on production and imports.......................
151
Less: S ubsidies....................................................
152
Net operating surplus..........................................
Private enterprises..........................................
153
154
Current surplus of government enterprises
155
156
Consumption of fixed capital...............................
P rivate...............................................................
157
158
Domestic business.....................................
Capital consumption allowances
159
Less: C C A d j............................................
160
Households and institutions......................
161
Government......................................................
162 Plus: Income receipts from the rest of the w o rld 2
163 Less: Income payments to the rest of the w o rld 2
See the footnotes and abbreviations at the end of the table.
44.5
28.7
12.2
41.1
31.2
13.4
17.8
16.5
14,480.3 14,417.9 16,244.6
20.2
72.2
-17 .0
14,460.1 14,345.7 16,261.6
7,908.8 7,795.7 8,620.0
6,405.7 6,260.1
6,935.1
6,390.9 6,246.8 6,920.5
14.7
13.3
14.6
1,503.1
1,535.6 1,684.9
1,122.9
1,034.6
1,026.1
54.6
57.3
58.3
3,307.0 3,213.9 4,033.2
3,323.5 3,234.5 4,060.9
-16.4
- 20.6
-27.7
2,264.4 2,368.4 2,542.9
New treatment of research and development.
451.6
32.2
419.4
45.8
-16.9
-27.9
4.6
62.7
7.4
428.8
101.4
327.2
10.9
-13.0
-18.1
444.2
-46.1
490.3
-11.5
-23.1
-18.1
459.4
19.8
439.6
-1.9
-26.1
-27.3
0.0
0.0
11.6
496.9
388.8
23.9
3.3
-0 .3
-196.5
-191.3
-5 .2
509.3
394.0
-5 .0
502.1
382.9
275.7
0.0
-130.5
-125.8
-4 .6
1,865.0
1,925.7
2,049.3
1,451.2
1,522.4
1,558.6
1,595.0
260.5
242.8
274.0
259.5
1,330.0
-
1,639.4
2.9
-1 .4
-4.5
0.6
272.4
559.8
-57.2
617.0
19.6
1.2
458.1
-85.6
543.7
-16.6
-22.5
-22.9
0.4
24.4
5.9
2.1
- 1.1
- 0.8
- 1.6
43.6
40.8
2.7
- 2.0
-7.1
-3 .5
69.8
20.5
1.1
-70.0
- 66.6
-3 .4
508.2
383.6
515.8
387.0
63.5
6.3
531.2
401.5
278.0
283.9
285.9
327.7
337.4
New treatments of research and development, of entertainment, literary, and
artistic originals, and of ownership transfer costs. Improved measures of IRS
section 179 expensing for sole proprietorships. Revised IRS tabulations of
corporate tax return data for 2001-2010; new IRS tabulations of corporate
and of sole proprietorship and partnership tax return data for 2011; revised
Office of Tax Analysis bonus depreciation estimates for 2012; revised BEA
fixed investment estimates for 2001- 2012.
CCAdj is calculated as capital consumption allowances less consumption of
fixed capital.
New treatments of research and development, of entertainment, literary, and
artistic originals, and of ownership transfer costs. Revised BEA fixed
investment and price estimates for 2001- 2012.
300.4
121.2
36.2
-44.4
-17.6
-14.5
3.3
5.9
41.9
37.0
413.7
403.3
409.9
128.2
120.0
110.6
105.6
101.2
101.1
399.4
875.5
749.1
442.7
643.7
493.6
818.6
565.7
108.1
4.5
1.4
115.3
0.7
-3.1
119.2
1.3
-2.4
124.6
3.5
6.9
128.7
19.1
10.3
129.7
36.3
26.4
496.5
See entries under Compensation of employees, line 167.
21.6
New treatments of research and development and of ownership transfer
costs. Revised BEA fixed investment and price estimates for 2001-2012.
New treatment of research and development.
Revised BEA international transactions accounts data for 1999-2012.
Revised BEA international transactions accounts data for 1999-2012.
S u r v e y o f C u r r e n t B u s in e s s
15
Detail and Major Source Data and Conceptual and Statistical Changes Incorporated, 2007-2012—Continues
Billions of dollars
Line
Revised level
164
165
166
167
168
169
170
14,586.6 14,492.9 16,514.5
2,264.4 2,368.4 2,542.9
12,322.3 12,124.5 13,971.6
2007
171
172
2009
Major source data and conceptual and statistical changes incorporated 1
Revision in level
2012
2007
422.7
2008
2009
2010
331.1
509.3
-178.3
10.9
494.0
502.1
436.2
-8.1
-11.6
-13.1
-13.1
-23.1
- 0.1
-23.0
-71.9
-2 .7
-27.1
- 0.2
-26.9
552.6
515.8
2012
626.9
531.2
95.7
18.7
8,611.6
6,396.0
1,088.8
5,307.2
7,787.8
6,252.2
1,175.1
5,077.1
496.9
-74.1
43.2
6,926.8
1,197.3
5,729.4
-19.5
- 0.2
-19.2
1,503.1
1,535.6
1,684.9
62.7
23.9
11.6
24.4
5.9
-
1,041.4
1,077.5
1,170.6
60.9
22.7
10.3
23.1
6.4
-1 .5
461.7
458.1
973.0
35.5
41.8
-6 .4
514.3
1,224.9
75.4
1.8
1.2
1.2
-111.2
-71.4
-6 .4
1.3
-70 .7
-0 .5
-2 .2
0.3
0.3
-4.8
-4.8
-4 .4
-4 .4
1.7
1.7
18.0
18.0
-0 .5
22.6
19.2
19.1
0.0
0.0
- 66.6
- 0.1
- 2.0
13.9
0.0
0.0
- 20.2
7,899.1
0.0
508.2
2011
36.8
-16.7
22.6
20.8
-0 .9
-21.7
-4 .2
24.9
-
See entries under Consumption of fixed capital, line 155.
Updated measures of misreporting based on IRS National Research
Program (NRP) data for 2006. Revised BLS quarterly census of employment
and wages (QCEW) data for 2001-2011; new QCEW data for 2012.
2.0
New treatment of defined benefit pension plans. New Department of Labor
pension data for 2010; new DHHS medical expenditures panel survey data
for 2011 and 2012.
173
174
175
176
177
178
179
979.2
38.1
44.2
- 6.1
941.1
865.5
937.5
796.8
81.3
-5.9
1,149.6
1,004.9
-111.5
-94.4
-47.2
-72.4
-55.2
3.5
-3 .2
-10.4
-6 .5
1.4
1.7
0.4
139.3
333.7
- 1.6
146.2
541.2
0.5
82.0
189.4
-17.6
45.7
- 21.1
30.5
-16.3
44.0
-0 .5
-16.7
53.6
-9 .8
74.7
78.6
206.6
348.3
555.3
46.3
30.6
43.5
52.9
73.9
77.9
184
185
186
187
188
189
190
-17.2
1,529.0
1,175.6
-14.6
1,392.6
1,039.8
321.7
-14.1
2,009.5
1,590.5
- 0.6
18.4
15.8
0.6
59.3
57.5
0.0
-16.5
61.1
-6 .4
0.7
50.7
53.1
-25.4
58.9
69.9
-62.8
78.7
0.5
50.3
50.3
-7.2
38.2
44.5
422.0
1,168.5
418.9
- 0.1
36.7
36.6
-22.7
-170.5
0.6
6.7
19.1
21.9
78.5
-2 .3
51.0
191
1,708.9
1,474.8
2,180.0
17.8
30.0
31.2
16.1
-0 .3
28.7
192
193
194
195
196
197
1,355.5
301.5
36.0
265.5
1,054.0
49.5
321.9
1,122.0
1,761.1
477.4
71.7
405.7
1,283.7
37.1
15.3
-44.0
29.9
-26.8
31.2
-11.9
22.5
-19.0
2.1
-24 .2
0.0
0.0
0.0
0.0
-44.0
59.3
- 0.8
50.6
-26.7
56.7
- 0.6
45.1
7.5
37.7
4.3
-1 .3
0.0
- 12.0
-18.9
41.5
1.9
51.4
23.2
28.2
4.0
-4 .3
-24 .2
7.2
-13.4
39.9
-7 .3
-1 .7
-5 .6
47.2
- 2.0
32.6
15.8
16.8
-1 .5
9.2
-2 .9
1.9
- 22.0
- 1.8
13.5
180
181
182
183
198
199
200
201
202
203
204
205
206
207
261.0
914.6
353.4
-179.9
118.9
203.0
103.2
119.0
23.9
108.4
328.2
718.1
352.8
-82.2
362.9
47.3
315.5
759.2
23.8
171.4
34.4
137.0
89.3
108.7
22.4
404.3
197.0
207.3
137.8
149.2
51.5
2.5
22.8
27.8
3.3
1.2
-3 .8
0.1
43.2
0.7
40.4
13.3
27.1
2.7
0.7
-2 .4
8.4
-7 .4
0.1
0.4
New treatment of ownership transfer costs. Improved estimates of mortgage
interest paid based on new IRS Information Returns Program data on loan
discount points for 1999-2010 and on new and revised trade source data on
mortgage servicing for 2005-2012. Revised FRB flow of funds accounts
data on residential mortgage loan liabilities for 1980-2012; revised Census
Bureau current population survey/housing vacancy survey (CPS/HVS) data
for 2003-2011; new CPS/HVS data for 2012; revised IRS tabulations of
corporate and of individual tax return data for 2010; new IRS tabulations for
2011; new Federal National Mortgage Corporation mortgage originations
data for 2011; revised trade source data on insurance for 2010; new trade
source data on insurance for 2011; revised Census Bureau government
finances FY 2002-FY 2011 tabulations for 2001-2011; new FY2012
Census Bureau annual survey of state government tax collections data for
2011 and 2012; new and revised OMB Budget data on subsidies for
2003-2012.
0.6
-10.3
80.2
- 11.1
30.1
26.3
- 6.6
59.0
35.3
23.7
0.0
393.2
14.8
- 6.0
353.4
-39.5
81.2
262.3
352.8
6.7
418.9
- 10.0
2.5
7.7
0.1
0.0
-3 .5
8.7
-16.7
-6 .4
7.5
3.5
-2 .3
6.6
0.9
1,748.4
1,468.2
2,190.0
10.0
22.5
27.7
18.5
-6 .7
27.8
-2 .3
New treatments of research and development, of entertainment, literary, and
artistic originals, and of ownership transfer costs. Updated measures of
misreporting based on IRS NRP data for 2006. Improved methodology for
estimating the adjustment made to remove corporate partners’ income.
Improved measures of IRS section 179 expensing for sole proprietorships.
Revised IRS tabulations of corporate tax return data for the posttabulation
and mining depreciation adjustments for 2010; new IRS tabulations of sole
proprietorship and partnership tax return data for 2011.
6.2 See entries under Consumption of fixed capital, line 155.
-3.1
17.1
-4 .9
110.6
Revised USDA data for 2001-2012.
0.1
-
Revised BEA international transactions accounts data for 1999-2012.
See entries under Consumption of fixed capital, line 155.
See entries under Corporate profits before tax without IVA and CCAdj, line
208.
11.1
208
New treatments of research and development, of entertainment, literary, and
artistic originals, of ownership transfer costs, and of defined benefit pension
plans. Improved methodology for distributing the income of regulated
investment companies by type. Revised IRS tabulations of corporate tax
return data for 2010; new IRS tabulations for 2011; revised Census Bureau
quarterly financial report data for 2012; new and revised regulatory and
public financial reports profits data for 2012.
16
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table C. Selected Components Detail and Major Source Data and Conceptual and Statistical Changes Incorporated, 2007-2012—Continues
Billions of dollars
Line
NIPA component
209
210
211
212
Less: Taxes on corporate incom e....................
Equals: Profits after ta x ...................................
Less: Net corporate dividend paym ents........
Equals: Undistributed corporate p ro fits..........
213
214
Net interest and miscellaneous payments
Net interest....................................................
215
216
Domestic business...................................
Monetary interest paid.........................
217
Less: Monetary interest received.
218
Revised level
Major source data and conceptual and statistical changes incorporated ’
Revision in level
2007
2009
2012
445.5
1,302.9
818.9
269.4
1,198.7
568.7
434.8
1,755.2
0.0
10.0
484.0
663.4
770.3
984.9
-14.4
439.6
418.1
241.7
-68.2
-72.0
2.1
-176.7
-180.6
-107.8
2,866.8
630.0
563.1
544.8
301.0
1,582.0
1,267.0
33.9
-105.0
-2 6.3
5.4
3,151.5
1,924.3
1,692.2
149.2
142.6
Imputed interest paid, depositor,
insurance, and pension services3...
Financial.............................................
775.3
777.5
844.6
819.0
836.6
247.6
Banks, credit agencies, and
investment companies.............
240.2
221.9
229.1
-1 .7
221
Life insurance carriers.................
255.2
238.1
234.6
-
0.2
0.2
222
Property and casualty insurance
companies.................................
Employee pension p lan s 3...........
O th e r 3............................................
31.5
250.7
27.6
328.4
1.2
0.8
2.9
30.2
340.3
2.4
-
- 0.1
- 2.2
25.6
19.7
depositor, insurance, and pension
services..............................................
175.6
256.2
252.7
110.2
127.2
201.3
195.7
190.8
Imputed interest paid, borrower
services...............................................
-73.3
-67.1
-73.0
23.1
6.8
39.7
56.6
63.2
122.1
430.1
467.8
-136.2
324.8
361.9
40.7
-78 .3
-80.8
15.2
-76.9
-74.9
83.8
-58.7
-75.4
132.0
-45.5
-76.1
147.7
-46.0
-79.6
2.1
16.6
30.6
33.6
0.0
2.6
220
223
224
225
226
227
228
229
230
231
232
233
234
Nonfinancial3....................................
22.4
2010
2011
2012
27.6
14.6
-2 .7
21.3
-37.0
-4 .8
- 2.0
4.4
-14.5
42.3
13.0
58.2
-77.4
-79.7
-78.5
-80.7
-41.7
-6 .3
-70.5
-74.4
51.9
-64 .7
- 68.1
21.7
0.7
-9 .6
-42.5
- 6.8
Improved methodology for distributing the income of regulated investment
companies by type. Revised IRS tabulations of corporate tax return data for
2010; new IRS tabulations of corporate and of sole proprietorship and
partnership tax return data for 2011; revised FRB flow of funds accounts
data on nonfinancial corporate liabilities for 2010 and 2011; new FRB data
for 2012; revised USDA interest data for 2010 and 2011; new FDIC data for
2012; new trade source data on credit unions and on investment companies
for 2012.
129.3
95.4
113.5
New treatment of defined benefit pension plans. Revised IRS tabulations of
corporate tax return data for 2010; new IRS tabulations of corporate and of
sole proprietorship and partnership tax return data for 2011; revised FRB
flow of funds accounts data on nonfinancial corporate liabilities for 2010 and
2011; new FRB data for 2012; revised USDA interest data for 2010 and
2011; new USDA data for 2012; new FDIC data for 2012; new trade source
data on credit unions and on investment companies for 2012.
239.4
317.5
310.5
316.1
-54.6
-
12.8
-12.3
3.1
0.0
-5.6
-16.2
1.1
0.5
-0 .4
856.3
-
Improved estimates of implicit services of commercial banks. Revised IRS
tabulations of corporate tax return data for 2010; new IRS tabulations for
2011; new FDIC data for 2012; new trade source data on credit unions and
on investment companies for 2012.
New trade source data on investment income of life insurance carriers for
2011; revised FRB flow of funds accounts data on life insurance company
assets for 2010 and 2011; new FRB data for 2012.
New treatment of defined benefit pension plans.
New treatment of defined benefit pension plans.
New treatment of defined benefit pension plans.
borrower services...............................
Owner-occupied housing............................
Monetary interest paid............................
-143.5
460.6
510.9
-
Imputed interest paid, borrower
services...............................................
-48.9
-36.5
-35.8
2.6
New treatment of defined benefit pension plans. Improved estimates of
implicit services of commercial banks. Revised FRB flow of funds accounts
data for 2010 and 2011; new flow of funds accounts data for 2012; revised
IRS tabulations of corporate tax return data for 2010; new IRS tabulations for
2011; new FDIC data for 2012.
Improved estimates of implicit services of commercial banks. Improved
estimates of mortgage interest paid. Revised FRB flow of funds accounts
data for 2010 and 2011; new FRB data for 2012.
1.4
12.3
-217.3
1.2
1.3
9.4
-157.7
0.0
0.0
0.0
11.5
-197.8
0.9
3.2
0.4
3.7
1.7
3.6
22.6
18.2
1,026.1
91.4
934.8
3.8
7.4
3.9
1,034.6
94.6
940.0
54.6
21.5
1,122.9
118.0
1,004.9
0.1
-
Improved estimates of implicit services of commercial banks.
Improved estimates of mortgage interest paid. Revised FRB flow of funds
accounts data on residential mortgage liabilities for 2010- 2012.
Improved estimates of implicit services of commercial banks. Improved
estimates of mortgage interest paid. Revised FRB flow of funds accounts
data for 2010 and 2011; new FRB data for 2012.
Less: Imputed interest received,
depositor, insurance, and pension
services...............................................
Nonprofit institutions...................................
Rest of the world 2.......................................
239
240
Less: S u b s id ie s .................................................
241
242
243
State and local..................................................
B usiness cu rre nt transfer paym ents (n e t)...
47.5
7.1
98.6
58.3
56.9
1.4
127.2
To persons (net)...............................................
To government (net).........................................
30.6
62.0
38.7
90.7
To the rest of the world (net)..........................
6.0
-2 .3
Current s u rp lu s o f g overnm ent enterprises
Federal...............................................................
State and local.................................................
-16.4
-20 .6
2.0
0.8
-18.5
-21.4
247
248
0.0
Less: Imputed interest received,
Miscellaneous paym ents................................
Taxes on produ ction and im p o rts ..................
Federal...............................................................
245
246
2009
0.1
Less: Imputed interest received,
235
236
237
238
244
24.4
2008
CD
oo
219
640.8
385.1
2007
State and local..................................................
Federal...............................................................
and abbreviations at the end of the table.
57.3
56.8
0.5
106.9
41.4
0.0
3.9
2.7
11.3
2.1
3.9
3.3
2.3
2.9
2.1
-0 .8
0.0
0.0
7.3
0.0
3.3
-0 .3
3.0
-1 .4
1.3
0.9
-1.1
0.1
0.0
-0.3
-1 .4
-
0.0
0.0
-4 .7
-6.2
1.1
0.0
0.1
-6 .6
- 0.2
70.6
-4.8
-6 .4
-0.9
-5.3
-11.5
-4.4
-7 .3
-5.1
-27.7
-13 .4
-14 .3
0.0
0.0
0.0
0.2
-4 .6
4.7
-9.4
-5.2
4.5
-9 .7
-5.0
5.3
-10.3
-3 .4
3.9
-7.3
Improved estimates of implicit services of commercial banks. Revised BEA
international transactions accounts data for 1999-2012.
3.4
-7.1
1.2
2.0
-1 .9
-9.1
-3.5
-1 .6
-1 .7
-3 .6
0.0
0.0
-3 .0
-21.1
-4 .5
-13 .8
1.8
-4 .7
- 0.1
2.7
5.4
-2 .7
Reclassification of certain federal transfer receipts as rents and royalties and
transfers to the rest of the world (net).
-2 .7
6.3
4.4
2.0
New treatment of defined benefit pension plans. Revised Census Bureau
government finances FY 2006-FY 2010 tabulations for 2005-2010; new
government finances FY 2011 tabulations for 2010 and 2011.
August 2013
17
S u r v e y o f C u r r e n t B u s in e s s
Table C. Selected Components Detail and Major Source Data and Conceptual and Statistical Changes Incorporated, 2007-2012—Table Ends
Billions of dollars
Line
NIPA component
2007
249
250
251
252
253
254
Addenda:
Gross national product........................................
Gross saving...........................................................
Personal income.....................................................
Compensation of employees..............................
255
256
Proprietors’ income with IVA and C CAdj..........
Rental income of persons with CCAdj..............
Personal income receipts on assets.................
Personal interest incom e................................
257
Personal dividend incom e..............................
258
259
260
261
262
263
2012
14,606.8 14,565.1 16,497.4
2,506.7 2,071.7 2,672.2
11,995.7 12,082.1 13,743.8
7,899.1
7,787.8 8,611.6
979.2
973.0
1,224.9
189.4
333.7
541.2
2,166.6
1,958.5
1,811.8
1,263.9
1,350.1
1,211.6
454.9
459.0
83.4
432.5
373.7
447.9
515.9
215.1
44.0
185.3
170.6
141.3
178.4
- 2.2
74.7
199.5
195.3
24.6
22.0
14.7
-37.1
4.2
0.1
1.0
-7.4
-12.3
-16.8
-1.3
-14.0
-7 .6
-6.5
-12.4
3.5
-2.5
-2.9
1.5
-4.5
0.2
-0.9
-4.4
53.6
1,722.8
2,140.2
2,358.3
4.3
4.8
2,101.5
1,608.9
4.3
4.7
-0 .4
4.9
492.6
2,316.8
1,772.5
544.3
30.6
38.7
41.4
0.1
961.4
964.4
0.9
1.3
945.8
18.6
1,144.9
857.2
287.8
950.7
933.2
1.9
942.5
18.9
1,487.9
1,164.4
1.9
17.5
1,498.0
1,149.2
0.0
- 0.8
- 1.2
1.3
-0.3
-0.5
0.4
-0.4
0.3
348.8
0.4
-0.9
0.2
0.2
10,507.9 10,937.2 12,245.8
10,190.6 10,266.5 11,558.4
9,744.4 9,842.9 11,149.6
305.9
248.4
273.9
84.3
-29.1
214.8
15.7
-27.9
160.4
-1 .4
88.5
71.9
687.4
-1 .4
Personal current transfer payments...................
To government.................................................
To the rest of the world (net)..........................
275
276 Equals: Personal saving..........................................
273
274
140.3
81.0
59.3
317.2
149.6
83.5
66.1
670.7
45.0
6.2
-
11.8
-30.0
44.0
1.6
52.2
-3 .0
56.8
2.1
2.1
0.0
-1.7
-1.7
0.0
68.5
—41.0
162.5
-
1. In these descriptions, “new” indicates this is the first time that data from the specific source are being incor
porated into the component estimate for the given year, and “revised” indicates that data from the specific
source were incorporated previously, and now revised data from that source are being incorporated.
2. Revisions reflect the annual revision of BEA’s international transactions accounts (ITAs). The revised ITA
estimates were incorporated into the NIPAs at their “best level” for 2010-2012. As a result, there are differences
between the NIPA estimates and the ITA estimates for 1999-2009. For more information on the revisions to
the International Transactions Accounts, see Barbara H. Berman and Jeffrey R. Bogen, Annual Revision of the
U.S. International Transactions Accounts, S urvey 93 (July 2013): 43-54. Additionally, revised estimates for
1999-2007 reflect changes previously incorporated into the ITAs but not into the NIPAs because they affected
years outside of the periods open for revision, including the reclassification of distribution rights for film and tele
vision recordings and the reallocation of adjustments for low-value imports and for inland freight in Canada and
Mexico; these changes were incorporated in the previously published NIPA estimates for 2008-2012.
3. Revisions are not shown because this component was not previously published.
4. The statistical discrepancy is gross domestic product (GDP) less gross domestic income (GDI); it is also
the difference between gross national product (GNP) and gross national income (GNI), which is GDI plus net
income receipts from the rest of the world. The statistical discrepancy arises because the product-side
measures of GDP and GNP are estimated independently from the income-side measures of GDI and GNI.
N o t e . The new treatments of research and development, of entertainment, literary, and artistic originals, of
ownership transfer costs, and of defined benefit pension plans begin with the estimates for 1929. The
improved estimates of employers’ contributions to state and local government-sponsored defined contribution
pension plans begin with 1966. The improved measures of IRS section 179 expensing for sole proprietorships
begin with the estimates for 1982. The improved estimates of the implicit services of commercial banks begin
with 1985. The improved measures of wages paid by Indian tribal governments begin with the estimates for
569.6
651.8
312.7
18.7
30.5
1.7
-20 .4
1,692.2
1,258.9
433.3
Personal interest payments................................
623.9
244.0
-16.7
45.7
109.6
85.0
Government social benefits to persons........
Federal.........................................................
State and local.............................................
269 Equals: Disposable personal incom e....................
270 Less: Personal outlays.............................................
271
Personal consumption expenditures.................
467.1
111.2
- 6.6
-6 .4
Personal current transfer receipts......................
323.5
456.0
484.3
113.3
-2.7
-70.7
2011
2012
-29.6
5.9
-71.4
36.9
-
2008
2010
2009
547.9
Other current transfer receipts, from
business (net)..............................................
Less: Contributions for government social
insurance, domestic........................................
Federal.............................................................
746.9
2007
816.5
264
State and local.................................................
265
266 Less: Personal current taxes..................................
267
Federal..................................................................
268
State and local......................................................
272
2009
Major source data and conceptual and statistical changes incorporated 1
Revision in level
Revised level
0.0
0.8
1.1
22.6
78.6
208.8
219.0
New treatment of defined benefit pension plans. Improved estimates of
implicit services of commercial banks. Improved methodology for distributing
the income of regulated investment companies by type. Revised FRB flow of
funds accounts data for 2010 and 2011; new FRB data for 2012; revised IRS
tabulations of corporate tax return data for 2010; new IRS tabulations of
corporate and of sole proprietorship and partnership tax return data for
2011; new trade source data on investment income of life insurance carriers
for 2011; new FDIC data for 2012; new trade source data on credit unions
and on investment companies for 2012.
10.1
Improved methodology for distributing the income of regulated investment
companies by type. Revised IRS tabulations of corporate tax return data for
2010; new IRS tabulations for 2011; new and revised regulatory agency and
public financial statements data on dividends for 2012; revised BEA
international transactions accounts data for 1999-2012.
-
-2.5
-9.9
-4.5
-
1.1
1.1
- 0.8
- 0.8
0.0
-0 .3
-3 .3
-0 .4
17.6
4.6
-3 .0
4.2
13.0
116.6
49.1
238.1
59.2
-17.2
295.0
-13.8
67.0
-4 .0
-3.5
-0.5
67.5
See entries under National income and additional sources below.
80.0
-3 .4
-3 .6
0.2
178.8
98.1
30.0
75.7
Revised Census Bureau government finances FY 2006-FY 2011 tabulations
for 2005-2011; new government finances FY 2012 tabulations for 2011 and
2012.
Improved estimates of implicit services of commercial banks and of
mortgage interest paid. Improved treatment for the derivation of monetary
interest paid on consumer loans. Revised FRB interest rate data for
1980-2012; revised FRB flow of funds accounts data for 2010 and 2011;
new flow of funds accounts data for 2012; revised FRB consumer credit
outstanding data for 2010-2012; new FDIC data for 2012.
-7.6
-3 .0
-4 .5
196.9
1990. The improved methodology for distributing the income of regulated investment companies by type
begins with the estimates for 1992. The improved classifications of wind and solar power structures, the
improved methodology for estimating the adjustment made to remove corporate partners’ income from
nonfarm proprietors’ income, and the improved estimates of mortgage interest paid begin with 1993. Updated
measures of misreporting begin with the estimates for 2002. The improved treatment for the derivation of
monetary interest paid on consumer loans begins with the estimates for 1980. For more information on the
changes in definitions and in methodologies that were introduced as part of the 2013 comprehensive revision
of the NIPAs, see “Preview of the 2013 Comprehensive Revision of the National Income and Product
Accounts: Changes in Definitions and Presentations,” S urvey 93 (March 2013): 13-39 and Nicole M. Mayerhauser and Sarah J. Pack, “Preview of the 2013 Comprehensive Revision of the National Income and Product
Accounts: Statistical Changes,” S urvey 93 (May 2013): 6-14.
BEA
Bureau of Economic Analysis
BLS
Bureau of Labor Statistics
Capital consumption adjustment
CCAdj
Department of Health and Human Services
DHHS
Federal Deposit Insurance Corporation
FDIC
FRB
Federal Reserve Board
FY
Fiscal year
IRS
Internal Revenue Service
IVA
Inventory valuation adjustment
NIPA
National income and product account
OMB
Office of Management and Budget
USDA
U.S. Department of Agriculture
18
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 1. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
S easonally adjusted at annual rates
2002
Line
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2007
I
1
II
Line
2008
III
I
IV
II
G ross dom estic product (G D P )........................................
1.8
2.8
3.8
3.4
2.7
1.8
-0 .3
-2 .8
2.5
1.8
2.8
0.3
3.1
2.7
1.5
-2 .7
2.0
1
2 Personal consum ption e xpenditures...........................................
2.5
3.1
3.8
3.5
3.0
2.2
-0 .4
-1 .6
2.0
2.5
2.2
2.4
1.3
1.6
0.6
-0 .8
0.8
2
0.3
-5 .3
1.4
3
1.2
2.8
4
3
G o o d s ..................................................................................................
3.9
4.8
5.1
4.1
3.6
2.7
-2 .5
-3 .0
3.4
3.4
3.3
2.2
1.5
1.9
4
Durable g o o d s...............................................................................
7.3
7.1
8.2
5.4
4.3
4.6
-5.1
-5 .5
6.6
7.7
4.6
5.9
4.5
5
Nondurable g o o d s ........................................................................
1.9
3.5
3.3
3.3
3.3
1.7
-
1.9
1.4
0.8
S e rvice s...............................................................................................
1.8
2.2
3.2
3.2
2.7
2.0
2.1
1.6
2.5
0.8
1.2
0.5
6
1.8
- 0.8
6.1
2.2
1.2
1.4
0.7
1.7
0.4
6
7 G ross private dom estic in ve s tm e n t.............................................
-0 .6
4.1
8.8
6.4
2.1
-3 .1
-9 .4
-2 1 .6
12.9
4.9
9.5
-3 .6
5.6
-2 .5
-7 .7
-1 2 .8
-6 .9
7
8
Fixed investm en t...............................................................................
-3 .5
4.0
6.7
6.8
2.0
-
-2 .4
-3 .4
-7.1
-5 .5
8
9
N o nreside ntia l...............................................................................
-6 .9
1.9
5.2
7.0
6.3
6.9
0.1
-2 .3
9
10
11
12
S tructu re s...................................................................................
-1 7 .7
-3 .9
-0 .4
1.7
6.6
-5 .4
3.2
7.7
20.1
2.1
10.1
E qu ip m e nt.................................................................................
4.1
-4 .6
-9 .7
Intellectual properly p ro du cts...............................................
-0 .5
3.8
5.1
6.5
4.5
4.8
3.0
10
11
12
13
R e sid en tia l.....................................................................................
6.1
9.1
10.0
6.6
-7 .6
-1 8 .8
-2 4 .0
14
Change in private in ven torie s........................................................
15 Net exports of goods and s ervices..............................................
1.1
0.8
-
-
2.0
-
6.8
-1 6 .7
1.5
6.2
8.3
-0 .7
7.1
5.9
-0 .7
-1 5 .6
2.5
7.6
7.3
7.0
1.0
8.1
1.7
7.2
12.7
6.1
-1 8 .9
-1 6 .4
2.1
12.7
15.2
23.5
9.6
8.6
3.2
-6 .9
-2 2 .9
15.9
12.7
7.6
5.1
4.6
-
1.6 -1 0 .9
- 2.2
-0 .3
-
5
-1 .4
1.9
4.4
3.4
3.7
1.4
1.6
8.6
6.6
1.5
21.2
-2 .5
0.5
12.9
-1 7 .0
-15.1
-2 3 .2
-2 9 .3
-2 7 .9
-1 6 .4
13
...........
...........
...........
...........
...........
14
...........
...........
..........
...........
...........
...........
...........
........... ...........
...........
...........
...........
...........
...........
...........
...........
15
16
E x p o rts ................................................................................................
-1 .9
1.6
9.4
6.0
8.9
8.9
5.7
-9.1
11.5
7.1
3.5
6.0
7.2
14.8
11.4
5.1
11.9
16
17
G oods...............................................................................................
-3 .5
1.9
8.5
7.4
9.4
7.5
6.1
14.3
7.1
3.8
5.6
6.4
12.3
9.3
10.5
12.9
17
18
S e rv ic e s ..........................................................................................
2.3
1.0
3.0
7.7
12.3
4.8
5.6
7.0
3.0
6.9
9.1
21.0
16.5
-6 .4
9.7
18
19
Im p orts.................................................................................................
3.4
4.3
6.1
6.1
2.3
-
2.6
-1 3 .7
12.8
4.9
-5 .7
3.8
-3 .6
19
3.7
4.9
6.7
5.9
1.8
- 3 .7
-1 5 .8
15.2
5.2
7.0
1.6
1.1
0.3
G oods...............................................................................................
2.2
2.1
7.0
20
21
11.6
11.0
11.1
12.0
- 2.1
-0 .4
-5 .8
2.3
-3 .5
S e rv ic e s ..........................................................................................
1.8
1.3
10.5
3.1
7.4
4.7
3.1
-3 .1
2.8
3.1
2.7
6.9
4.1
3.8
-5.1
12.0
-4 .4
20
21
-
........... ...........
22 Governm ent consum ption expenditures and gross
in vestm en t.........................................................................................
4.4
2.2
1.6
0.6
1.5
1.6
2.8
3.2
0.1
-3 .2
1.0
-0 .9
3.4
2.9
1.6
1.7
3.2
22
23
Federal.................................................................................................
7.2
6.8
4.5
1.7
2.5
1.7
6.8
5.7
4.4
-
2.6
-1 .4
-5 .3
6.5
7.8
2.2
7.6
23
24
National d e fe n s e ..........................................................................
7.0
8.5
2.0
2.0
2.5
7.5
5.4
3.2
-2 .3
-3 .2
-7 .8
8.8
9.5
0.6
N ondefense....................................................................................
7.4
4.1
1.3
3.5
0.3
5.5
6.2
6.4
-3 .0
1.8
0.6
2.4
4.8
5.2
8.0
6.8
24
25
6.0
2.0
26
State and lo c a l...................................................................................
2.9
-0 .4
- 0.1
0.0
0.9
1.5
0.3
1.6
-2 .7
-3 .6
-0 .7
1.9
1.6
0.1
1.3
6.6
6.8
6.2
- 1.2
0.5
26
2.0
1.1
2.0
1.0
2.0
2.3
2.7
2.3
-
-3 .8
2.9
1.7
2.6
2.6
0.8
-1 .3
0.7
2.5
-0 .7
-2 .5
1.4
-0 .9
-
0.1
0.2
-
-
25
Addenda:
27
Final sales of dom estic p ro d u c t....................................................
1.2
2.8
3.4
3.4
28
Gross dom estic p u rc h a s e s ............................................................
2.3
3.1
4.2
3.5
29
Final sales to dom estic p u rc h a s e rs .............................................
1.8
3.1
3.9
3.5
2.6
2.6
2.6
30
G ross dom estic incom e (G DI ) 1....................................................
1.4
2.2
3.7
3.6
4.0
31
Gross national product (G N P )......................................................
1.7
2.9
3.9
3.3
2.4
32
Disposable personal incom e..........................................................
3.1
2.7
3.6
1.5
4.0
0.1
2.2
2.1
0.2
-
0.7
-0 .3
30
2.7
0.3
3.7
4.3
2.7
-3 .0
2.0
31
2.0
2.7
0.8
1.0
0.3
2.9
8.7
32
2.4
2.5
2.5
-3 .0
2.8
1.1
2.1
2.4
-0 .5
-1 .5
1.7
0.6
1.8
2.7
1.5
27
28
1.0
1.5
2.6
-
2.3
0.1
0.1
1.2
-3 .0
0.8
0.0
1.6
1.1
1.1
- 2.2
-
-
-
29
C urrent-dollar m easures:
33
G D P .................................................................................................
3.3
4.8
6.6
6.7
5.8
4.5
1.7
-
2.1
3.7
3.8
4.6
4.8
5.4
4.1
3.3
-0 .5
4.0
33
34
Final sales of dom estic product................................................
2.8
4.8
6.3
6.7
5.8
4.7
-1 .3
2.3
4.0
4.4
5.4
4.7
4.1
4.0
0.7
4.1
34
-4 .0
4.5
4.0
4.3
5.0
5.3
3.3
2.8
35
3.1
4.2
4.1
5.5
4.5
3.2
3.5
1.0
2.1
3.9
-3 .3
4.0
36
-1 .9
4.0
4.5
4.3
3.5
2.2
4.1
4.2
4.4
4.8
2.8
6.1
-0 .5
2.8
4.8
3.9
6.5
4.0
35
Gross dom estic purchases.........................................................
3.7
5.3
7.3
7.1
5.9
3.9
36
Final sales to dom estic purchasers.........................................
3.2
5.3
7.0
7.2
5.8
4.1
37
G D I...................................................................................................
2.9
4.3
7.2
2.7
G N P .................................................................................................
3.3
5.0
6.6
5.6
4.9
39
Disposable personal in co m e .....................................................
4.5
4.8
6.6
6.8
6.1
6.9
38
2.1
1.6
2.0
1.1
2.0
4.4
6.8
4.7
4.6
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.
-
-
0.8
1.6
5.8
4.6
3.3
4.4
-
3.0
1.7
37
0.8
4.0
38
6.5
13.3
39
August 2013
19
S u r v e y o f C u r r e n t B u s in e s s
Table 1. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Table Ends
Seasonally adjusted at annual rates
Line
2008
III
2009
IV
I
II
IV
I
II
2012
2011
2010
III
III
IV
I
II
III
IV
I
II
2013
III
IV
I
Line
II
1
G ross dom estic product (G D P )........................................
-2 .0
-8 .3
-5 .4
-0 .4
1.3
3.9
1.6
3.9
2.8
2.8
-1 .3
3.2
1.4
4.9
3.7
1.2
2.8
0.1
1.1
1.7
1
2
3
4
5
6
Personal consum ption exp e n d itu re s ..........................................
-3.1
-4 .6
-1 .3
-1 .7
2.5
0.0
2.1
3.3
2.8
4.3
2.1
1.5
2.1
2.4
2.9
1.9
1.7
1.7
2.3
1.8
2.7 0.2 1.2 5.0
5.4 -0.8 5.2 13.5
1.4 0.7 -0.5
1.3
1.8 2.1
2.5 1.1
4.6
9.8
2.2
2.1
2.2
2.9
1.8
1.7
3.7
8.3
1.6
0.7
3.7
10.5
0.6
0.6
3.7
5.8
2.7
1.5
3.4
6.5
2.0
0.9
2
3
4
5
6
31.9
10.5
6.5
-2 .4
Goods.......................................................................... -7.4 -12.8 0.4
Durable goods........................................................... -11.7 -25.8 0.7
Nondurable goods...................................................... -5.2 -5.9 0.3
Services...................................................................... -0.8 -0.3 -2.2
-2.7
7.3 -0.9
-2.4 20.6 -7.0
-2.9
1.5 2.0
-1.2 0.3 0.5
7
8
9
10
11
12
13
14
Gross private dom estic in ve s tm e n t............................................. -1 0 .7 -31.1 -3 8 .7 -22.1
15
16
17
18
19
20
21
Net exports of goods and s e rv ic e s ....
22
Governm ent consum ption expenditures and gross
investm ent..........................................................................................
23
24
25
26
Federal........................................................................
National defense........................................................
Nondefense...............................................................
State and local...............................................................
Fixed investment...........................................................
Nonresidential............................................................
Structures..............................................................
Equipment..............................................................
Intellectual property products...................................
Residential................................................................
Change in private inventories..........................................
4.0 5.2
5.4 12.5
3.4 1.9
1.2 2.4
3.8 7.6
6.7 12.9
2.5 5.2
2.2 2.6
4.7
9.0
-12.1
-10.4
-2.9
-19.0
-3.6
-18.3
-23.9
-21.4
-9.5
-38.4
-4.0
-33.3
-27.4
-26.0
-26.8
-37.9
-6.3
-33.2
-14.2
-12.3
-27.1
-13.0
4.3
-21.9
10.0 8.6
9.5 5.8
14.4 7.0
10.2 8.3
5.5 1.3
12.2 23.0
4.7
4.5
6.9
5.3
1.8
5.7
2.7
0.3
5.9
-3.9
2.8
14.1
11.6 -1.5
9.8 -4.6
17.6 -25.7
1.6
8.9
5.7
3.7
19.8 12.5
6.3
4.6
6.8
4.1
3.8
13.4
-3.4
-2.4
-5.9
-7.2
-9.8
8.1
-21.7
-27.8
-5.4
-15.4
-19.2
5.7
-28.2
-34.7
-12.3
-33.1
-36.6
-16.1
0.7 14.0 23.4 6.4 9.5 10.9 12.4 3.8 4.9 7.0 2.7 4.2
-2.8 21.0 28.9 11.0 11.7 8.6 13.0 4.4 3.7 5.7 7.7 1.8
8.1
1.0 12.4 -3.1
4.6 16.3 11.0 2.4 7.7 10.0 -8.1 10.0
-15.9 15.9 18.7 11.9 20.2 14.5 0.9 2.8 0.7 4.9 5.9 0.7
-18.6 19.6 23.0 14.6 24.1 14.6 1.7 4.4 -0.7 3.5 6.7 0.9
-4.7 2.5 2.2 0.4 3.8 14.0 -2.5 -5.0 7.8 11.9 1.8 -0.1
3.8
5.2
0.8
2.5
2.5
2.3
0.4
1.6
-2.6
0.5
0.4
1.0
1.1
-3.0
11.3
-3.1
-3.5
-1.0
-1.3
-2.8
2.2
0.6
-0.2
5.0
5.4
5.4
5.3
9.5
9.8
8.2
5.7
2.6
0.6
0.3
3.5
-6 .b
-4 .2
- 0 .4
8.9 -13.9 -8.4
12.5 -21.6 -11.2
2.8
1.0 -3.6
-0.2 -1.0 -1.3
-1.5
-0.5
-3.2
0.3
-3 .4
36.2
13.6
22.3
13.7
-3 .5
-0.5 -2.8 0.8 13.6 -0.4 8.5
-5.0 -3.6 4.2 11.4 8.3 8.6
-24.4 -30.0 -25.0 11.8 -5.8 7.7
5.3 7.7 31.2 23.3 18.0 11.8
1.1 6.6 -1.6 -2.0 6.1
5.0
21.0 0.3 -12.2 23.2 -30.7 7.9
-7 .5
14.2
2.5
-0.5 8.6 14.8
9.9 16.7
-0.9
-29.8 33.7 28.4
12.0 4.3 20.3
3.7 4.9 5.3
1.7 2.7 6.1
-1 .6
.............................
Exports........................................................................
Goods.......................................................................
Services....................................................................
Imports........................................................................
Goods.......................................................................
Services....................................................................
7.5
12.3 7.1 -3.1 13.8
17.9 5.3 -8.5 17.4
2.3 10.6 7.8 7.6
1.7 -0.1
3.0 3.6
2.2
-0 .8
-2 .9
2.9
-0 .3
5.6 0.2 3.8 8.5 3.7
6.4 7.6
8.6 -1.3 -1.8
0.2 3.0 14.8 12.3 -2.8
0.1 -1.4 -7.1 -0.8 -3.1
-4.1
-2.7
-3.5
-1.2
-5.0
-7 .5
-1 .3
-2 .5
-10.5
1.8 -3.4
-14.2 6.8 2.4
-3.5 -6.5 -13.1
-5.4 -3.4 -1.9
-1 .b
-1 .4
-3.1 -2.5 -0.2
-10.2 -6.7 -1.0
11.3 5.4 1.2
-0.4 -0.6 0.6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Addenda:
27
28
29
30
31
32
Final sales of domestic product........................................
Gross domestic purchases..............................................
Final sales to domestic purchasers..................................
Gross domestic income (GDI)1.......................................
Gross national product (GNP).........................................
Disposable personal income...........................................
-2.2
-2.7
-3.0
-1.6
-1.5
-8.8
-7.0
-7.8
-6.5
-7.5
-10.2
2.5
-3.3
-7.3
-5.3
-6 1
-5.4
-1.4
0.6 1.6 -0.5
-2.7
1.8 3.8
-1.7 2.1 -0.5
59
-n 1 ?n
-0.5 2.6 4.2
3.1 -4.0 -0.1
0.0
2.5
0.9
05
1.7
0.3
2.8
5.5
4.5
?fi
3.9
5.4
0.9
3.5
1.7
5?
2.6
1.9
4.5
1.4
3.0
1 fi
3.2
2.7
0.7
0.6
1.0
0.8
1.1
1.2
-5.0
-7.8
-6.6
-11.3
-10.2
-7.0
-9.7
-3.2
-4.5
-2.3
-9.5
-7.5
-5.1
-4 4
-3.6
-1.1
1.2
1.7
0.1
-2.5 3.0
-1.4 3.5
-0.7
1.9
-1.2 2.5
4.9 -1.6
3.0
1.3
4.4
2.6
1.9
36
1.7
5.8
4.7
6.5
5.5
4.6
5.7
5.8
4.7
2.7
4.9
3.0
7.1
45
3.1
4.9
6.6
3.7
5.3
3.7
53
4.8
-0.3 2.4
-1.3 2.6
-0.3
1.8
?3
?0
3.1
-0.5
5.0 -0.4
2.1
5.3
2.6
77
76
1.9 4.8
1.6 -0.6
3.0
1.2
2.8
3.4 2.2
1.1
3.1
2.9 2.0
54 -Ofi
3.0 1.4
4.6 1.8
2.2
2.7
2.2
0.9
2.4
-0.6
2.2
-0.5
1.4
4.9
0.3
9.0
0.2
1.4
0.5
2.2
0.6
-8.2
1.3
2.4
2.0
4.9
4.6
3.9
3.6
3.0
4.6
1.1
1.6
3.3
1.3
3.0
6.4
1.8
10.7
2.8
1.6
2.9
1.7
3.9
2.3
-7.2
2.4
2.0
2.7
2.3
3.4
27
28
29
30
31
32
Current-dollar m easures:
33
34
35
36
37
38
39
GDP.........................................................................
Final sales of domestic product....................................
Gross domestic purchases..........................................
Final sales to domestic purchasers...............................
GDI..........................................................................
GNP.........................................................................
Disposable personal income........................................
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.
5.1
0.7
6.1
1.7
7.1
S4
2.6
0.3
1.4
1.5
2.6
3.7
11
8.2
5.9
5.2
6.1
5.5
5.0
58
3.3
3.9
5.5
3.3
4.9
4.8
44
3.9
5.4
2.6
6.3
3.6
3.1
53
0.8
5.8
5.5
5.5
5.2
7.5
50
6.9
3.0
3.9
2.1
3.0
1.1
3?
2.9
3.4
33
34
35
36
37
38
39
20
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Average annual rate
2002
Line
1
2
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
1929-2012
1959-20 0 2
2002-2012
Gross dom estic product (G D P )...........................
3.3
3.4
1.8
1.8
2.8
3.8
3.4
2.7
1.8
-0 .3
-2 .8
2.5
1.8
2.8
Previously pub lish e d ..............................................
3.2
3.4
1.6
1.8
2.5
3.5
3.1
2.7
1.9
-0 .3
-3 .1
2.4
1.8
2.2
Line
1
2
3 Personal consum ption expen d itu re s ..............................
3.2
3.7
2.0
2.5
3.1
3.8
3.5
3.0
2.2
-0 .4
-1 .6
2.0
2.5
2.2
3
4
Previously p u b lish e d ...........................................................
3.1
3.6
1.8
2.7
2.8
3.3
3.4
2.9
2.3
-
0.6
-1 .9
1.8
2.5
1.9
4
5
G o o d s .....................................................................................
3.1
3.6
2.5
3.9
4.8
5.1
4.1
3.6
2.7
-2 .5
-3 .0
3.4
3.4
3.3
5
6
P reviously p u b lis h e d ......................................................
3.1
3.6
2.4
4.1
4.6
4.5
4.2
3.3
3.0
-2 .5
-3 .0
3.6
3.8
3.1
6
7
Durable g oo ds..................................................................
4.5
5.6
3.8
7.3
7.1
8.2
5.4
4.3
4.6
-5.1
-5 .5
6.6
7.7
7
8
Previously published...................................................
4.5
5.6
3.9
7.6
6.6
7.3
5.9
4.5
5.0
-4 .9
-5 .4
7.2
7.8
8
9
Nondurable g o o d s ...........................................................
2.5
1.7
1.9
3.5
3.3
3.3
3.3
1.7
9
2.5
3.2
2.6
1.9
2.3
2.3
0.9
3.8
2.0
1.8
2.8
3.3
1.6
1.8
3.4
S ervices..................................................................................
2.2
3.2
3.2
2.7
2.0
0.8
1.8
- 1.8
- 0.8
1.4
Previously published...................................................
1.1
- 1.2
1.9
10
11
12
2.6
2.6
6.1
6.2
2.2
2.1
1.6
1.2
10
11
12
-
-
Previously p u b lis h e d ......................................................
3.3
3.7
1.5
1.9
1.9
2.7
3.0
2.6
1.9
0.4
-1 .4
1.2
1.0
13 Gross private dom estic in vestm en t................................
3.7
4.3
0.9
-0 .6
4.1
8.8
6.4
2.1
-3.1
-9 .4
-2 1 .6
12.9
4.9
9.5
13
14
Previously p u b lish e d ...........................................................
3.6
4.3
0.6
-1 .4
3.9
10.1
5.5
2.7
-3 .2
10.2
- 6.8
-2 4 .8
13.7
5.2
9.8
14
-1 6 .7
2.0
-
15
Fixed investm ent..................................................................
3.3
4.3
0.7
-3 .5
4.0
6.7
6.8
2.0
-
16
Previously p u b lis h e d ......................................................
3.2
4.3
0.3
-4 .2
3.5
7.4
6.5
2.4
-1 .9
-7.1
-1 9 .0
17
N o nreside ntia l..................................................................
3.8
5.0
2.6
-6 .9
1.9
5.2
7.0
7.1
5.9
-0 .7
18
Previously published...................................................
3.7
5.1
2.4
-7 .9
1.4
6.2
6.7
8.0
6.5
-
1.9
1.5
6.2
8.3
15
0.2
6.6
8.7
16
-1 5 .6
2.5
7.6
7.3
17
-18.1
0.7
8.0
18
-1 8 .9
-1 6 .4
8.6
2.1
12.7
19
-
21.1
-1 5 .6
2.7
10.8
-
19
S tructures......................................................................
1.3
1.9
-0 .3
-1 7 .7
-3 .9
-0 .4
1.7
7.2
12.7
0.8
6.1
20
21
22
Previously published..............................................
1.3
1.9
-
0.1
-1 7 .7
-3 .8
1.1
1.4
9.2
14.1
6.4
E qu ip m e nt....................................................................
4.5
5.9
3.2
-5 .4
3.2
7.7
9.6
8.6
3.2
-6 .9
-2 2 .9
15.9
12.7
7.6
20
21
22
23
Intellectual property pro du cts..................................
6.3
7.2
3.6
-0 .5
3.8
5.1
6.5
4.5
4.8
3.0
-1 .4
1.9
4.4
3.4
23
24
Previously published * ...........................................
25
R e sid en tia l........................................................................
2.1
2.6
-4 .4
6.1
9.1
10.0
-7 .6
-1 8 .8
-2 4 .0
-
21.2
-2 .5
0.5
12.9
25
26
Previously published...................................................
1.9
2.4
-5 .0
5.2
8.2
9.8
6.6
6.2
-7 .3
-1 8 .7
-2 3 .9
-2 2 .4
-3 .7
-1 .4
12.1
26
27
Change in private in ven torie s...........................................
.............
.............
.............
.............
Previously published * ...........................................
28 Net exports of goods and s ervices.................................
24
27
....................
....................
....................
.............
5.2
-1 .9
4.8
6.2
6.2
5.3
-
G oods.................................................................................
4.7
6.5
Previously published...................................................
4.7
6.4
33
S e rv ic e s .............................................................................
5.3
34
Previously published...................................................
5.3
35
Im p orts....................................................................................
4.7
36
Previously p ub lish e d ......................................................
37
G oods..................................................................................
38
.............. ..............
.............
.............
.............
..............
28
9.4
6.0
8.9
8.9
5.7
-9 .1
11.5
7.1
3.5
29
2.0
1.6
1.6
9.5
6.7
9.0
9.3
6.1
-9.1
11.1
6.7
3.4
30
5.2
-3 .5
1.9
8.5
7.4
9.4
7.5
6.1
-
7.1
3.8
31
-3 .6
1.8
8.5
7.5
9.4
9.7
6.3
-
14.3
7.2
4.2
32
5.5
5.3
2.3
11.6
3.0
7.7
12.3
4.8
5.6
7.0
3.0
33
5.5
4.8
1.9
1.0
1.2
12.0
12.0
- 2.1
14.3
5.5
11.9
5.0
7.9
8.3
5.6
-
2.6
4.7
5.6
1.5
34
6.4
3.1
3.4
4.3
2.6
-1 3 .7
12.8
4.9
2.2
35
3.1
3.4
4.4
6.1
6.1
-
6.4
6.1
6.1
2.3
4.7
2.4
-2 .7
-1 3 .5
12.5
4.8
2.4
36
4.8
7.0
3.0
3.7
4.9
6.7
5.9
-1 5 .8
15.2
5.2
7.1
3.1
3.7
4.9
6.8
5.9
-3 .8
-1 5 .6
14.9
5.2
2.1
2.1
37
4.8
1.8
2.6
-3 .7
Previously published...................................................
11.0
11.1
11.1
11.1
39
S e rv ic e s .............................................................................
4.4
4.3
3.5
1.3
10.5
3.1
7.4
4.7
3.1
-3 .1
2.8
3.1
2.7
39
40
Previously published...................................................
4.4
4.4
3.4
1.8
1.8
1.9
11.2
2.8
7.1
1.4
3.6
-3 .3
2.5
2.8
4.2
40
41
29
E x p o rts ...................................................................................
4.8
30
Previously p u b lis h e d ......................................................
31
32
38
41 Governm ent consum ption expenditures and gross
investment
3.5
2.3
0.9
4.4
2.2
1.6
0.6
1.5
1.6
2.8
3.2
0.1
-3 .2
- 1 .0
42
Previously pub lish e d ...........................................................
3.5
2.3
0.9
4.7
1.4
0.3
1.4
1.3
0.6
-3.1
- 1 .7
42
F ederal....................................................................................
4.8
1.4
3.0
7.2
4.5
1.7
2.5
1.7
2.6
6.8
3.7
43
5.7
4.4
-
43
Previously p u b lis h e d ......................................................
4.6
1.1
2.8
7.3
4.1
1.3
1.2
7.2
6.1
4.5
2.6
- 2.8
- 1 .4
44
2.2
6.8
6.6
2.2
44
45
National d e fe n s e .............................................................
4.9
0.7
3.1
7.0
8.5
6.0
2.0
2.5
7.5
5.4
3.2
-2 .3
-3 .2
45
2.2
7.5
-
2.6
-3.1
46
5.5
6.0
6.2
3.0
0.3
6.4
-3 .0
1.8
47
46
Previously published...................................................
4.9
0.5
3.0
7.4
8.7
5.7
1.5
2.1
2.0
1.6
47
N ondefense.......................................................................
4.5
3.4
2.8
7.4
4.1
2.0
1.0
- 0.1
- 0.2
1.3
3.5
48
Previously published...................................................
4.2
2.8
2.4
7.2
2.8
49
State and lo c a l......................................................................
2.7
3.2
-0 .3
2.9
-0 .4
50
Previously p ub lish e d ......................................................
2.7
3.3
-0 .3
3.3
-
* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.
0.1
-
0.9
3.2
0.8
6.5
6.5
7.7
-3.1
-0 .3
48
0.0
- 0.2
0.9
1.5
0.3
-2 .7
-3 .6
-0 .7
49
0.9
1.4
0.0
1.6
2.2
1.8
-3 .4
-1 .4
50
-
-
August 2013
21
S u r v e y o f C u r r e n t B u s in e s s
Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Average annual rate
2002
Line
2003
2004
2005
1 929-2012
1 959-2002
2002-2012
1.2
2.8
3.4
3.4
1.3
2.5
3.1
3.2
2006
2007
2008
2009
2010
2011
2012
Line
Addenda:
2.0
1.0
-2 .3
0.9
2.0
2.0
-1 .3
-3 .8
2.9
1.7
-1 .5
-4 .0
2.8
1.7
1.4
-0 .9
-3 .0
1.5
2.4
55
2.5
1.4
-
1.0
- 0.8
-3 .3
1.3
1.8
1.8
2.0
56
2.6
2.7
2.5
2.5
57
-0 .4
-3 .9
3.1
2.2
58
-3 .0
1.8
2.1
2.7
59
2.0
2.1
60
2.4
2.0
61
62
2.0
2.2
1.1
1.2
3.5
2.6
2.6
2.6
2.6
2.6
3.5
3.3
51
Final sales of dom estic pro du ct.......................................
3.3
3.4
52
Previously p u b lish e d ......................................................
3.2
3.4
53
G ross dom estic purcha ses...............................................
3.3
3.5
1.8
1.6
1.6
2.3
3.1
4.2
3.5
54
Previously pub lish e d ......................................................
3.2
3.4
1.5
2.4
2.9
3.9
3.2
55
Final sales to dom estic p u rcha sers................................
3.3
3.5
1.6
1.8
3.1
3.9
56
P reviously pub lish e d ......................................................
3.2
3.4
1.4
1.9
1......................................
3.3
3.4
1.4
3.7
3.6
4.0
58
P reviously p u b lish e d ......................................................
3.2
3.4
1.8
1.6
2.8
2.2
1.0
2.2
3.8
3.7
3.7
0.1
0.2
59
G ross national product (G N P ).........................................
3.3
3.4
1.9
1.7
2.9
3.9
3.3
2.4
2.2
57
G ross dom estic incom e (G DI )
0.2
0.2
-
-
2.6
2.1
2.6
2.1
51
52
53
54
60
Previously published......................................................
3.2
3.4
1.8
2.7
3.6
3.1
2.4
2.3
61
Disposable personal in c o m e ...........................................
3.2
3.6
1.8
2.0
0.0
0.0
3.1
2.7
3.6
1.5
4.0
2.1
1.5
-0 .5
2.8
2.8
1.1
62
Previously published......................................................
3.1
3.6
1.8
3.3
2.5
3.4
1.4
4.0
2.4
2.4
-
2.8
1.8
1.3
1.7
2.1
2.2
3.7
3.8
4.6
63
3.8
4.0
4.0
64
-3 .2
C urrent-dollar m easures:
63
G D P ....................................................................................
6.3
7.3
4.0
3.3
4.8
6.6
6.7
5.8
4.5
1.7
-
64
Previously pub lish e d .................................................
6.2
7.3
4.0
3.5
4.7
6.4
6.5
6.0
4.9
1.9
-
65
Final sales of dom estic p ro du ct..................................
6.3
7.4
4.0
2.8
4.8
6.3
6.7
5.8
4.7
2.1
-1 .3
2.3
4.0
4.4
65
66
Previously pub lish e d .................................................
6.2
7.4
3.9
3.0
4.7
6.0
6.7
5.9
5.1
2.4
-1 .4
2.2
4.1
3.9
66
67
Gross dom estic p urchases..........................................
6.3
7.4
3.9
3.7
5.3
7.3
7.1
5.9
3.9
^ .0
4.5
4.0
4.3
67
68
Previously pub lish e d .................................................
6.3
7.4
3.9
3.9
5.2
7.1
7.0
6.0
4.2
-4 .3
4.5
4.2
3.8
68
69
Final sales to dom estic purcha sers...........................
6.3
7.5
3.9
3.2
5.3
7.0
7.2
5.8
4.1
-3 .3
3.1
4.2
4.1
69
70
Previously pub lish e d .................................................
6.3
7.5
3.9
3.4
5.2
6.7
7.2
5.9
4.4
-3 .5
3.0
4.4
3.7
70
71
G D I.....................................................................................
6.3
7.4
3.9
2.9
4.3
6.6
6.9
7.2
2.7
-1 .9
4.0
4.5
4.3
71
4.5
3.9
4.0
72
4.1
4.2
4.4
74
72
Previously pub lish e d .................................................
6.2
7.3
3.9
2.6
4.3
6.7
7.1
7.1
3.1
74
G N P ....................................................................................
6.3
7.3
4.1
3.3
5.0
6.8
6.6
5.6
4.9
75
Previously pub lish e d .................................................
7.3
4.1
3.4
4.9
6.5
6.5
5.7
5.2
-2 .4
4.2
4.2
3.9
75
76
Disposable personal in c o m e .......................................
7.5
4.2
4.5
4.8
6.8
4.7
4.6
-0 .5
2.8
4.8
3.9
76
Previously p u b lish e d .................................................
7.6
4.1
4.7
4.6
6.1
6.1
4.4
77
6.2
6.2
6.2
1.6
1.8
2.0
2.2
1.1
1.8
2.0
2.2
4.4
6.9
5.1
5.8
-2 .7
3.8
3.8
3.5
77
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.
-3.1
-
2.2
22
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line
2007
I
1
2
II
2008
III
IV
2010
2009
II
I
III
IV
I
II
III
IV
I
Line
II
1
2
G ross dom estic product (G D P )...............................................
0.3
3.1
2.7
1.5
-2 .7
2.0
-2 .0
-8 .3
-5 .4
-0 .4
1.3
3.9
1.6
3.9
Previously published..................................................................
0.5
3.6
3.0
1.7
-
1.8
1.3
-3 .7
-8 .9
-5 .3
-0 .3
1.4
4.0
2.3
2.2
0.8
-3.1
-4 .6
-1 .3
-1 .7
2.5
0.0
2.1
3.3
3
0.1
-3 .8
-5.1
-
1.8
2.1
0.0
2.5
2.6
4
3 Personal consum ption expen d itu res..................................................
2.4
1.3
1.6
0.6
-0 .8
4
Previously p u b lish e d ...............................................................................
1.5
1.8
1.2
-
1.5
1.9
0.3
-5 .3
1.4
-7 .4
-
1.9
3.0
1.0
-5 .6
0.5
-7 .7
-
1.2
5
G o o d s .........................................................................................................
6
Previously p u b lis h e d ..........................................................................
2.2
2.2
2.6
1.0
7
Durable g oo ds......................................................................................
4.6
5.9
4.5
1.6
-1 0 .9
8
Previously published.......................................................................
5.1
5.7
5.2
2.3
-9 .6
9
Nondurable g o o d s ...............................................................................
0.8
-
0.5
-0 .3
10
11
12
Previously published.......................................................................
1.3
-
1.9
0.4
-
1.6
12.8
12.6
0.4
-2 .7
7.3
-0 .9
4.0
5.2
5
0.2
-
2.1
7.5
-0 .5
5.2
3.3
6
-1 1 .7
-2 5 .8
0.7
-2 .4
20.6
-7 .0
5.4
12.5
7
-2 .9
-1 2 .3
-2 5 .4
1.3
- 2.0
20.9
-
5.5
10.5
8
2.2
2.8
-5 .2
-5 .9
0.3
-2 .9
1.5
6.1
2.0
3.4
1.9
9
-3 .3
2.3
-5 .4
-5 .8
-0 .3
1.7
2.3
5.1
0.1
0.8
- 0 .3
2.1
- 1.2
- 1.6
-
S ervices......................................................................................................
2.5
0.8
0.1
1.2
1.4
0.7
1.7
0.4
Previously p u b lis h e d ..........................................................................
2.0
1.4
1.1
1.3
1.5
-0 .5
-1 .7
13 Gross private dom estic investm en t....................................................
-3 .6
5.6
-2 .5
-7 .7
-1 2 .8
-6 .9
-1 0 .7
-31.1
-3 8 .7
14
Previously p u b lish e d ...............................................................................
-3 .9
9.2
-3 .0
-9 .3
-
6.0
-1 6 .5
-3 3 .9
15
Fixed investm ent......................................................................................
-0 .7
1.0
-2 .4
16
Previously p u b lis h e d ..........................................................................
1.2
3.5
17
N o nresidential......................................................................................
7.0
-
-
-
-
-
0.3
0.5
0.2
1.2
1.2
2.4
-0 .4
2.3
10
11
12
-22.1
-3 .4
36.2
13.6
22.3
13
-4 3 .0
-27.1
-1 .7
41.4
19.8
14.6
14
0.8
13.6
15
-0 .9
14.5
16
4.2
11.4
17
-
1.2
-
2.2
-2 .5
12.2
-
-3 .4
-7.1
-5 .5
-
12.1
-2 3 .9
-2 7 .4
-1 4 .2
-0 .5
-1 .4
-4 .9
-8 .3
-5 .2
-1 2 .3
-2 5 .2
-3 0 .2
-1 8 .5
-3.1
2.8
- 6.0
6.3
6.9
-2 .3
-1 0 .4
-2 1 .4
-2 6 .0
-1 2 .3
-5 .0
-3 .6
-2 .3
-9 .9
-2 2 .9
-2 8 .9
-1 7 .5
-7 .8
-6 .4
2.1
12.3
18
6.6
-2 .9
-9 .5
-2 6 .8
-27.1
-2 4 .4
-3 0 .0
-2 5 .0
11.8
19
-
18
Previously published.......................................................................
6.5
8.1
10.8
9.1
5.4
0.1
—0.8
19
S tructu re s..........................................................................................
15.2
23.5
20.1
10.1
1.7
20
21
Previously published..................................................................
10.7
28.0
24.3
7.4
0.8
9.4
-3 .7
10.2
-3 0 .5
-3 1 .4
-2 6 .7
-2 8 .8
-2 3 .0
13.1
E qu ip m e nt........................................................................................
5.1
4.6
2.1
4.1
-4 .6
-9 .7
-1 9 .0
-3 8 .4
-3 7 .9
-1 3 .0
5.3
7.7
31.2
23.3
20
21
3.7
1.4
1.6
8.6
6.6
1.5
-3 .6
-4 .0
-6 .3
4.3
1.1
6.6
-
2.0
23
-2 3 .2
-2 9 .3
-2 7 .9
-1 6 .4
-1 8 .3
-3 3 .3
-3 3 .2
-2 1 .9
21.0
0.3
12.2
23.2
25
-24.1
-2 9 .3
-2 8 .5
-1 4 .5
-
20.0
-3 3 .2
-35.1
-
22.2
17.2
-4 .8
-1 1 .4
23.1
26
??
Previously published * ...............................................................
23
Intellectual property pro du cts......................................................
?4
Previously published * ..............................................................
25
R e sid en tia l............................................................................................
-1 7 .0
-15.1
26
Previously published.......................................................................
-1 6 .4
-
?7
Change in private in ve n to rie s ...............................................................
-
1.6
-
94
12.0
-
V
?8 Net exports of qoods and s ervices.....................................................
28
29
E x p o rts .......................................................................................................
6.0
7.2
14.8
11.4
5.1
11.9
-3 .4
-2 1 .7
-2 8 .2
0.7
14.0
23.4
6.4
9.5
30
Previously p u b lis h e d ..........................................................................
6.4
6.8
15.7
11.6
5.5
12.7
-3 .5
-2 1 .4
-2 8 .7
13.8
24.0
5.9
9.6
30
31
G oods......................................................................................................
5.6
6.4
12.3
9.3
10.5
12.9
-2 .4
-2 7 .8
-3 4 .7
11.0
11.7
31
Previously published.......................................................................
12.8
7.6
12.7
9.9
9.3
14.1
-2 .4
-2 7 .4
-3 5 .3
30.4
9.9
11.9
32
33
S e rv ic e s .................................................................................................
6.9
9.1
21.0
16.5
-6 .4
9.7
-5 .9
-5 .4
-1 2 .3
21.0
21.1
1.0
28.9
32
0.6
- 2.8
- 2.6
8.1
12.4
-3.1
4.6
33
34
Previously published.......................................................................
-6 .9
4.9
23.0
15.7
-2 .7
9.5
-
6.2
-5 .6
-
12.6
7.4
0.4
11.4
-
2.2
4.5
34
1.6
2.0
1.1
0.3
-5 .7
3.8
-3 .6
-7 .2
-1 5 .4
-33.1
-1 5 .9
15.9
18.7
11.9
-5 .2
1.4
-2 .5
- 6.6
-1 4 .9
-3 3 .9
-1 5 .9
17.2
19.3
10.4
20.2
20.2
35
1.0
-0 .4
-5 .8
2.3
-3 .5
-9 .8
-1 9 .2
-3 6 .6
-1 8 .6
19.6
23.0
14.6
24.1
37
2.2
-9.1
38
35
Im ports........................................................................................................
7.0
36
Previously p ub lish e d ..........................................................................
5.9
37
G oods......................................................................................................
7.0
38
Previously published.......................................................................
8.4
1.7
0.3
-5 .5
S e rv ic e s .................................................................................................
6.9
4.1
3.8
-5.1
0.6
12.0
-
39
40
Previously published.......................................................................
-6 .3
3.6
4.4
^ .0
13.0
-4 .2
-
-4 .4
29
36
-1 8 .5
-3 7 .3
-1 8 .5
21.1
23.7
12.2
24.7
8.1
8.2
5.7
-16.1
-4 .7
2.5
2.2
0.4
3.8
39
5.6
-1 7 .2
-4 .7
2.8
2.4
2.4
1.2
40
41 Governm ent consum ption expenditures and gross investment
-0 .9
3.4
2.9
1.6
1.7
3.2
5.7
2.6
0.6
7.5
2.2
-0 .8
-2 .9
2.9
41
42
Previously pub lish e d ...............................................................................
-0 .5
3.4
3.5
3.1
1.7
4.3
1.6
1.8
9.6
3.7
2.8
42
F ederal........................................................................................................
-5 .3
6.5
7.8
6.6
7.6
12.3
7.1
-3.1
13.8
5.6
1.1
0.2
-3.1
43
3.8
8.5
43
44
Previously p u b lis h e d ..........................................................................
-4 .8
7.1
9.6
9.7
4.9
11.7
9.1
-3 .0
13.7
6.3
4.2
44
National d e fe n s e ..................................................................................
-7 .8
8.8
9.5
8.0
17.9
5.3
- 8 .5
17.4
8.6
-1 .3
0.6
- 1.8
9.7
45
6.4
45
46
Previously published.......................................................................
-7 .2
8.3
10.2
1.2
2.2
1.1
0.6
0.0
5.4
17.6
8.3
-7 .0
16.1
7.6
1.3
-3 .7
7.3
46
2.3
10.6
7.8
7.6
0.2
3.0
14.8
12.3
47
3.9
0.1
10.9
6.1
8.8
3.5
10.5
10.1
14.6
48
0.1
2.8
3.0
3.6
-7.1
-
0.8
49
7.2
0.1
2.2
-1 .4
4.9
-0 .9
-5 .5
-1 .4
50
47
N ondefense...........................................................................................
48
Previously published.......................................................................
49
State and lo c a l..........................................................................................
50
Previously p ub lis h e d ..........................................................................
* Previously published estimates are not shown because this series is new.
See “Explanatory Note" at the end of the tables.
-
0.6
2.4
4.8
5.2
6.8
8.2
6.2
0.5
4.7
8.2
3.4
13.0
1.9
1.6
-
1.2
1.3
0.1
0.2
1.3
2.1
1.3
-
0.6
6.8
-
-
0.5
1.7
-
0.1
0.1
-
August 2013
Su r v ey
of
23
C u r r e n t B usin ess
Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line
2007
I
II
2008
2010
2009
III
IV
I
II
III
IV
I
II
III
IV
Line
II
I
Addenda:
51
52
53
54
55
56
57
58
59
60
61
62
Final sales of domestic product............................................
Previously published.......................................................
Gross domestic purchases..................................................
Previously published.......................................................
Final sales to domestic purchasers.......................................
Previously published.......................................................
Gross domestic income (GDI)1...........................................
Previously published.......................................................
Gross national product (GNP)..............................................
Previously published........................................................
Disposable personal income................................................
Previously published.......................................................
0.8
1.0
0.7
0.8
1.2
1.2
-1.0
-2.6
0.3
0.5
2.7
1.8
2.3
2.7
2.5
3.1
1.7
2.2
0.6
0.5
3.7
3.9
0.8
0.6
2.7
3.3
1.1
1.3
1.1
1.6
-2.2
-1.3
4.3
4.8
1.0
1.6
2.3
2.5
-0.7
-0.5
0.1
0.2
-0.2
1.4
2.7
3.2
0.3
2.2
-1.6
-1.1
-2.5
-2.1
-1.5
-1.4
0.7
2.6
-3.0
-2.3
2.9
5.9
2.3
1.5
-0.1
-0.7
0.1
-0.5
-0.3
-1.1
2.0
1.3
8.7
8.2
-2.2
-3.0
-2.7
-4.2
-3.0
-3.6
-1.6
-2.6
-1.5
-3.2
-8.8
-8.8
-7.0
-7.4
-7.8
-8.3
-6.5
-6.9
-7.5
-9.8
-10.2
-10.8
2.5
-0.2
-3.3
-3.1
-7.3
-7.3
-5.3
-5.2
-6.1
-6.0
-5.4
-5.2
-1.4
-4.7
0.6
0.6
-2.7
-2.7
-1.7
-1.8
-0.1
-2.5
-0.5
-0.4
3.1
-0.5
1.6
1.2
1.8
2.1
2.1
1.8
2.0
0.7
2.6
2.8
^ .0
-6.1
-0.5
-0.6
3.8
4.0
-0.5
-0.5
5.9
5.0
4.2
4.4
-0.1
-0.6
0.0
0.1
2.5
3.1
0.9
0.9
0.5
5.6
1.7
2.7
0.3
5.7
2.8
2.2
5.5
3.9
4.5
3.9
2.8
1.6
3.9
2.9
5.4
6.3
51
52
53
54
55
56
57
58
59
60
61
62
4.8
5.2
5.4
5.7
5.0
5.3
5.5
5.7
3.5
2.0
4.8
5.2
6.5
5.8
5.4
6.5
4.7
5.6
5.3
6.3
4.5
5.4
2.8
3.3
6.1
6.7
4.0
4.1
4.1
4.3
4.1
4.6
3.3
3.4
3.2
3.6
-0.8
0.0
5.8
6.2
3.3
3.9
3.3
3.6
4.0
4.4
2.8
3.2
3.5
4.0
1.6
3.4
4.6
5.2
4.4
6.5
-0.5
0.6
0.7
1.5
1.0
1.9
2.1
2.7
3.0
5.0
-0.8
0.0
6.5
10.0
4.0
4.0
4.1
4.0
3.9
3.9
4.0
3.9
1.7
1.5
4.0
4.1
13.3
13.1
0.7
-0.6
0.6
0.2
1.0
-0.3
0.8
0.4
1.1
0.5
1.2
-0.1
-5.0
-4.9
-7.8
-8.4
-6.6
-7.4
-11.3
-12.0
-10.2
-11.0
-7.0
-9.4
-9.7
-10.4
-3.2
-5.8
-4.5
-4.4
-2.3
-2.1
-9.5
-9.6
-7.5
-7.4
-5.1
-5.2
-4.4
-4.4
-3.6
—6.8
-1.1
-1.1
0.1
-0.1
-2.5
-2.5
-1.4
-1.5
-0.7
-3.3
-1.2
-1.1
4.9
1.1
1.2
1.9
1.7
1.8
3.0
3.8
3.5
3.7
1.9
1.2
2.5
3.3
-1.6
-3.3
5.1
5.3
0.7
0.8
6.1
6.3
1.7
1.9
7.1
6.3
5.4
5.7
2.6
2.5
3.0
3.9
1.3
1.6
4.4
5.2
2.6
3.0
1.9
7.3
3.6
4.3
1.7
7.6
5.8
4.1
4.7
3.8
6.5
4.8
5.5
4.6
4.6
3.4
5.7
4.7
5.8
6.9
63
64
65
66
67
68
69
70
71
72
74
75
76
77
Current-d ollar m easures:
63
64
65
66
67
68
69
70
71
72
74
75
76
77
GDP.............................................................................
Previously published....................................................
Final sales of domestic product........................................
Previously published....................................................
Gross domestic purchases...............................................
Previously published....................................................
Final sales to domestic purchasers...................................
Previously published....................................................
GDI...............................................................................
Previously published....................................................
GNP..............................................................................
Previously published....................................................
Disposable personal income............................................
Previously published....................................................
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.
24
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
S easonally adjusted at annual rates
2010
Line
Ill
1
2
Gross domestic product (GDP)...................................
Previously published.................................................
3
Personal consumption expenditures.....................................
Previously published...........................................................
Goods...............................................................................
Previously published........................................................
Durable goods................................................................
Previously published.....................................................
Nondurable goods...........................................................
Previously published.....................................................
Services............................................................................
Previously published........................................................
4
5
6
7
8
9
10
11
12
Gross private domestic investment.......................................
14
Previously published...........................................................
Fixed investment.................................................................
15
16
Previously published........................................................
17
Nonresidential.................................................................
18
Previously published.....................................................
19
Structures...................................................................
Previously published..................................................
20
Equipment..................................................................
21
22
Previously published * ...............................................
23
Intellectual property products.........................................
24
Previously published * ...............................................
Residential.....................................................................
25
26
Previously published.....................................................
27
Change in private inventories...............................................
13
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
Net exports of goods and services........................................
Exports.............................................................................
Previously published........................................................
Goods............................................................................
Previously published.....................................................
Services.........................................................................
Previously published.....................................................
Imports..............................................................................
Previously published........................................................
Goods............................................................................
Previously published.....................................................
Services.........................................................................
Previously published.....................................................
Government consumption expenditures and gross investment
Previously published...........................................................
Federal..............................................................................
Previously published........................................................
National defense.............................................................
Previously published.....................................................
Nondefense....................................................................
Previously published.....................................................
State and local...................................................................
Previously published........................................................
* Or piously published estimates are not shown because this series is new.
“Explanatory Note” at the end of the tables.
2012
2011
IV
I
II
IV
III
I
Line
II
2.8
2.8
-1 .3
3.2
1.4
4.9
3.7
1.2
2.6
2.4
0.1
2.5
1.3
4.1
2.0
1.3
1
2
2.8
4.3
2.1
1.5
2.1
2.4
2.9
1.9
3
2.5
4.1
3.1
1.7
2.0
2.4
1.5
4
3.8
7.6
2.7
1.0
0.2
1.2
5.0
4.6
2.2
5
3.8
7.9
5.4
1.4
5.4
4.7
0.3
6
6.7
12.9
5.4
1.0
- 0.8
5.2
13.5
9.8
2.9
7
7.2
15.2
7.3
-2 .3
5.4
13.9
11.5
0.2
8
2.5
5.2
1.4
0.7
-0 .5
1.3
2.2
2.2
4.5
4.6
-0 .3
-0 .4
1.8
0.6
2.6
1.8
2.1
2.5
1.8
1.1
2.2
1.6
2.1
1.7
10
11
1.9
2.3
2.0
1.9
1.8
0.3
1.3
2.1
12
13.7
-3 .5
-7 .5
14.2
2.5
31.9
10.5
-1 .6
13
16.4
-5 .9
-5 .3
12.5
5.9
33.9
6.1
0.7
14
-0 .4
8.5
-0 .5
8.6
14.8
8.6
4.7
15
1.0
7.6
-1 .3
12.4
15.5
10.0
10.0
9.8
4.5
16
8.3
8.6
-0 .9
9.9
16.7
9.5
5.8
4.5
17
-
-
-
9
7.7
9.2
-1 .3
14.5
19.0
9.5
7.5
3.6
18
-5 .8
7.7
-2 9 .8
33.7
28.4
14.4
7.0
6.9
19
2.2
9.3
-2 8 .2
35.2
20.7
11.5
12.9
0.6
18.0
11.8
12.0
4.3
20.3
10.2
8.3
5.3
20
21
22
6.1
5.0
3.7
4.9
5.3
5.5
1.3
1.8
23
-3 0 .7
7.9
1.7
2.7
6.1
23.0
5.7
-2 8 .6
1.5
-1 .4
4.1
1.4
12.2
12.1
20.5
8.5
-
24
25
26
27
28
10.9
12.4
3.8
4.9
7.0
2.7
4.2
3.8
9.7
10.0
5.7
4.1
6.1
1.4
4.4
5.3
30
8.6
13.0
4.4
3.7
5.7
7.7
1.8
5.2
31
9.0
11.2
11.0
5.7
3.7
7.0
32
7.7
6.0
8.1
- 8.8
4.0
2.4
10.0
33
29
11.1
7.4
5.8
5.1
6.2
10.0
6.1
5.2
0.8
1.1
14.5
0.9
2.8
0.7
4.9
5.9
0.7
2.5
35
13.9
0.0
4.3
0.1
4.7
4.9
3.1
2.8
36
14.6
1.7
4.4
-0 .7
3.5
6.7
0.9
2.5
37
14.1
1.1
5.2
-0 .7
2.9
6.3
2.9
38
14.0
-2 .5
-5 .0
7.8
11.9
1.8
2.0
- 0.1
2.3
39
12.9
-5 .0
-
0.6
4.2
13.8
-1 .7
9.0
2.3
40
-0 .3
-4 .1
-7 .5
-1 .3
-2 .5
-1 .5
-1 .4
0.3
41
-
-2 .9
-
2.2
-3 .0
-0 .7
42
-3 .4
-3.1
-2 .5
-
0.2
- 0.2
- 1.0
- 0.2
1.2
43
-0 .4
48
0.6
- 1.0
49
16.3
3.7
-4.1
-1 0 .3
7.6
-3 .5
-1 4 .2
0.8
1.8
2.8
6.8
7.2
-1 4 .3
8.3
-3 .5
-6 .5
-3.1
6.1
- 1.2
0.0
-1 .7
-3 .1
-5 .0
-2 .9
-4 .6
-0 .3
-4 .4
-7 .0
3.7
-2 .7
-1 0 .5
-
2.8
-
-
-4 .4
-4 .2
10.2
- 10.6
-6 .7
-13 .1
11.3
5.4
-7 .5
-1 7 .4
10.2
-5 .4
-3 .4
-1 .9
-0 .4
-4 .7
-3 .2
-
2.0
-0 .7
1.8
- 0.6
- 2.2
-4 .3
2.4
2.6
-
-7.1
34
44
45
46
47
50
August 2013
Survey
of
25
C u r r e n t B usin ess
Table 1A. Real Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Table Ends
Seasonally adjusted at annual rates
2010
Line
III
2011
IV
I
II
2012
III
IV
I
II
2013
III
Line
I
IV
Addenda:
51
Final sales of dom estic pro du ct...........................................................
0.9
4.5
-0 .3
2.4
3.0
2.1
3.4
2.2
2.2
2.2
0.2
52
Previously pub lish e d ..........................................................................
0.6
4.1
0.6
2.4
2.3
1.5
2.4
1.7
2.4
1.9
1.2
52
53
G ross dom estic purcha ses...................................................................
3.5
1.4
-1 .3
2.6
1.2
5.3
3.1
1.1
2.7
-0 .5
1.4
53
54
Previously pub lish e d ..........................................................................
3.5
1.1
0.0
1.9
1.8
54
3.0
-0 .3
2.6
2.1
2.9
2.6
2.2
1.8
1.7
1.0
2.0
0.0
Final sales to dom estic p u rcha sers....................................................
1.2
2.8
2.2
4.6
55
1.4
0.5
55
2.2
1.4
1.9
1.5
1.3
56
2.2
2.6
5.4
-
0.6
0.9
4.9
2.2
57
0.2
4.5
3.8
-0 .7
1.6
5.5
2.5
58
59
61
8.6
62
56
Previously pub lish e d ..........................................................................
1.5
2.7
0.5
1.8
1.8
57
G ross dom estic incom e (G D I)' ..........................................................
5.2
1.6
2.0
2.3
58
Previously pub lish e d ..........................................................................
3.8
1.1
2.6
0.4
-
59
Gross national product (G N P ).............................................................
-0 .5
3.1
1.9
4.8
3.0
1.4
2.4
0.3
Previously published..........................................................................
2.6
2.6
3.2
60
2.2
0.6
2.8
1.4
4.1
0.6
2.9
0.9
61
Disposable personal in c o m e ................................................................
1.9
2.7
5.0
-0 .4
1.6
4.6
- 0.6
9.0
0.6
1.2
- 8.2
Previously published..........................................................................
1.2
1.0
4.4
-1 .5
-1 .3
0.6
- 0.2
3.7
2.1
1.8
2.2
0.7
8.9
-
62
-
51
60
C urrent-dollar measures:
63
G D P ........................................................................................................
4.7
4.9
0.3
5.9
3.9
5.4
5.8
3.0
4.9
1.6
2.8
63
64
Previously p u b lish e d .....................................................................
4.6
4.5
2.2
5.2
4.3
4.2
4.2
2.8
5.9
1.3
3.1
64
65
Final sales of dom estic p ro du ct......................................................
2.7
1.4
5.2
5.5
2.6
5.5
3.9
4.6
3.3
1.6
65
66
Previously pub lish e d .....................................................................
2.7
6.6
6.2
2.6
5.2
5.4
1.9
4.4
3.3
5.2
2.9
2.5
66
67
Gross dom estic p urchases..............................................................
4.9
3.7
1.5
6.1
3.3
6.3
5.5
2.1
3.9
1.3
2.9
67
68
Previously pub lish e d .....................................................................
4.8
3.5
3.5
5.5
3.6
5.3
4.6
1.7
4.2
1.6
3.1
68
69
Final sales to dom estic p urcha sers...............................................
3.0
5.3
2.6
5.5
4.9
3.6
5.2
3.0
3.6
3.0
1.7
69
70
Previously pub lish e d .....................................................................
2.9
5.1
3.9
5.4
4.6
3.0
4.8
3.5
3.1
2.5
70
3.0
6.4
3.9
71
4.3
6.5
3.8
72
1.8
2.3
74
71
G D I.........................................................................................................
7.1
3.7
3.7
5.0
4.8
3.1
7.5
72
Previously pub lish e d .....................................................................
5.9
3.2
4.7
3.1
2.8
4.6
6.1
2.2
1.1
0.8
74
G N P ........................................................................................................
4.5
5.3
1.1
5.8
4.4
5.3
5.0
3.2
4.6
75
Previously p ub lish e d .....................................................................
4.6
4.3
2.7
5.5
4.5
4.3
2.8
3.6
5.7
1.9
2.5
75
76
Disposable personal in c o m e ...........................................................
3.1
4.8
8.2
3.3
3.9
0.8
6.9
2.9
1.1
10.7
-7 .2
76
77
Previously pub lish e d .....................................................................
2.5
3.1
7.7
2.0
1.1
0.9
6.3
2.9
2.3
10.6
-7 .7
77
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
See “Explanatory Note” at the end of the tables.
26
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 1B. Revisions to Current-Dollar Gross Domestic Product, National Income, and Disposition of Personal Income
Percent of
previously published
Billions of dollars
Line
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2002
2007
Line
2012
G ross dom estic product (G D P )..........................................................
337.9
370.0
423.7
472.4
480.7
451.6
428.8
444.2
459.4
458.1
559.8
3.2
3.2
3.6
2 Personal consum ption expenditures.............................................................
-5 3 .9
-3 9 .7
-
-1 3 .2
-3 .5
-2 7 .9
-3 0 .0
-3 .0
-1 3 .8
-1 7 .2
30.0
- 0 .7
-0 .3
0.3
1
2
3.6
6.0
6.6
22.1
-1 3 .5
-0 .4
-
0.1
-0 .4
3
-6 .3
-8 .7
-1 6 .5
-1 6 .2
-0 .7
-0 .3
-1 .3
4
-5 .6
2.8
-0 .3
0.1
4.9
43.4
-0 .9
- 0 .4
0.1
0.6
20.0
20.2
1
3
G o o d s ...............................................................................................................
-1 1 .4
-6 .4
12.8
8.2
-
Durable g oo ds............................................................................................
-6 .7
-2 .4
6.9
3.8
11.1
1.1
-2 .3
4
-3 .8
-
5
Nondurable g o o d s .....................................................................................
-4 .7
-4.1
1.1
-0 .3
9.9
1.4
0.6
10.3
6
S e rv ic e s ...........................................................................................................
-4 2 .5
-3 3 .3
-
21.0
-1 6 .7
-1 4 .6
-2 5 .4
-2 4 .0
-7 .0
6.6
- 11.8
7 Gross private dom estic investm ent................................................................
278.0
298.2
308.1
354.8
353.5
348.5
337.2
328.8
363.5
377.2
412.9
16.9
15.2
8
Fixed investm ent............................................................................................
271.6
295.4
309.2
345.2
346.5
343.2
328.1
322.2
360.3
377.3
404.9
16.6
15.1
236.0
240.1
264.2
271.0
283.1
284.7
284.1
319.8
330.3
348.7
19.9
17.3
21.5
9
0.1
-4 .9
-
6.2
-18.1
-2 8 .0
-3 3 .9
-1 2 .9
-1 4 .3
-2 4 .2
-26.1
0.0
-5 .3
-5 .6
10
11
12
69.1
81.1
75.5
60.0
43.5
38.1
40.5
47.1
56.3
9.4
9.5
14.7
13
1.0
9.6
7.0
5.4
9.1
6.6
3.1
-
0.2
8.0
-
0.6
12.7
11.9
9
N o nresidential............................................................................................
223.5
10
11
S tructures................................................................................................
0.1
12
Intellectual property products * ..........................................................
-
4.0
-
2.1
-
E quipm ent * ............................................................................................
13
R e sid en tia l..................................................................................................
48.1
59.3
14
Change in private in ven torie s....................................................................
6.5
2.9
15 Net exports of goods and s e rv ic e s ................................................................
2.2
3.2
3.9
7.0
6.9
3.3
-3 .5
-3 .5
-6 .9
16
1.7
2.4
2.9
5.3
7.5
4.0
-3 .7
-3 .6
-0 .9
7.0
0.1
0.8
-0 .9
E x p o rts .............................................................................................................
17
G oods...........................................................................................................
18
S e rv ic e s .......................................................................................................
12.3
19
Im p orts..............................................................................................................
-0 .5
20
G oods............................................................................................................
21
S e rv ic e s .......................................................................................................
22 G overnm ent consumption expenditures and gross investm ent.............
4.2
-
10.6
-
-
14.0
15.8
19.2
23.7
3.3
0.1
0.0
-
11.6
-1 2 .9
-1 3 .9
-1 6 .2
0.7
-3 .8
-3 .6
-
1.0
-1 .7
-
-
8.2
0.6
11.6
0.7
7.2
-0 .4
0.8
0.2
0.2
15
0.2
0.2
0.5
6.8
1.8
0.3
-0 .4
17
18.7
-3 .5
0.1
2.9
18
5.9
7.6
-0 .9
0.0
4.2
5.4
3.5
0.4
0.0
0.0
0.0
0.2
- 1.0
-
6.1
-8 .3
-9 .9
-1 0 .9
1.3
0.0
1.7
2.3
-4 .4
2.0
0.3
108.2
124.6
123.8
123.8
127.7
125.1
121.9
116.5
98.9
104.2
5.6
-4 .7
-
-
16
7.9
111.6
-
5.2
7
8
14
0.1
0.1
- 0.1
-
5
6
-
19
20
21
22
4.8
3.4
23
F ederal..............................................................................................................
60.0
68.3
67.8
70.0
70.3
73.5
75.5
74.1
80.8
82.0
81.4
8.8
7.5
6.7
23
24
National d e fe n s e .......................................................................................
19.1
22.0
19.4
19.3
17.5
16.4
16.3
12.3
15.1
15.0
8.0
4.4
2.5
1.0
24
25
N o ndefense.................................................................................................
40.9
46.4
48.2
50.8
52.8
57.0
59.2
61.8
65.8
66.9
73.5
16.8
18.2
18.1
25
26
State and lo c a l................................................................................................
51.6
39.9
56.8
53.8
53.5
54.3
49.6
47.8
35.8
17.0
22.8
4.0
3.2
1.2
26
27 Gross dom estic p ro d u c t...............................................................................
337.9
370.0
423.7
472.4
480.7
451.6
428.8
444.2
459.4
458.1
559.8
3.2
3.2
3.6
27
28 Plus: Income receipts from the rest of the w o rld .......................................
2.3
2.8
2.8
2.8
3.1
4.5
0.7
1.3
3.5
19.1
36.3
0.7
0.5
4.6
28
29 Less: Income paym ents to the rest of the w o rld ........................................
2.8
3.5
4.0
6.4
7.1
1.4
-3.1
-2 .4
6.9
10.3
26.4
1.1
0.2
4.9
29
30 Equals: Gross national p ro d u c t.................................................................
337.4
369.4
422.6
468.9
476.7
454.9
432.5
447.9
456.0
467.1
569.6
3.2
3.2
3.6
30
31 Less: Consumption of fixed c a p ita l................................................................
357.1
373.1
398.9
440.6
475.3
496.9
509.3
502.1
508.2
515.8
531.2
27.4
28.1
26.4
31
V
Less: Statistical d is c re p a n c y ..........................................................................
-4 8 .0
-2 8 .8
15.8
61.3
27.0
32.2
101.4
-46.1
19.8
-8 5 .6
-5 7 .2
33 Equals: National in co m e...............................................................................
28.3
24.9
7.9
-3 3 .0
-2 5 .6
-74.1
-1 7 8 .3
-8 .1
-7 1 .9
36.8
95.7
0.3
-0 .6
0.7
33
-1 6 .7
18.7
0.5
0.5
0.2
34
22.6
0.0
-0 .3
0.3
35
5.9
20.8
- 2.0
2.9
4.4
0.1
36
2.2
22.6
-
2.2
74.7
78.6
-
0.6
Relation o f G DP and national incom e
22.8
11.6
34
Com pensation of em ployees.......................................................................
31.1
-1 7 .2
47.1
26.2
43.2
10.9
35
Wages and salaries...................................................................................
-0 .9
-1 5 .8
12.2
-13.1
-1 1 .9
-1 9 .5
-13.1
62.7
23.9
11.6
24.4
111.2
-7 1 .4
-6 .4
-7 0 .7
45.7
30.5
44.0
53.6
-
-23.1
-2 .7
-27.1
-
V
36
S upplem ents to wages and s a la rie s ....................................................
32.0
-1 .4
34.9
35.7
38.0
37
Proprietors’ incom e with inventory valuation and capital
consumption a d ju stm e n ts.......................................................................
-1 9 .3
-3 0 .5
-7 1 .7
-9 0 .8
-7 9 .3
38
Rental incom e of persons with capital consumption a d ju s tm e n t......
-1 .4
33.8
57.0
60.2
61.0
39
Corporate profits with in ventory valuation and capital consum ption
adju stm e nts.................................................................................................
35.0
78.6
36.4
21.6
38.2
18.4
36.7
50.3
38.2
50.7
58.9
4.0
1.2
40
Net interest and m iscellaneous p a ym e n ts..............................................
-1 5 .9
-3 7 .9
-58 .1
-4 6 .2
-7 1 .3
- 68.2
-1 7 6 .7
-7 7 .4
-7 8 .5
-7 0 .5
-6 4 .7
-3.1
- 9 .3
41
Taxes on production and im ports le ss subsidies...................................
-
0.2
42
B usiness current transfer paym ents (n e t)...............................................
-1 .7
1.2
0.2
-0 .3
-
43
Current surplus of governm ent e n te rp ris e s ............................................
0.7
-3.1
0.6
-
-
-
-
10.2
1.9
37
31.8
17.0
38
3.0
39
12.8
40
0.8
-0 .3
41
-4 .5
-1 6 .5
42
-
4.3
3.2
1.0
6.2
-1 1 .5
-3 .0
-5 .2
-5 .0
-3 .4
2.7
6.3
83.4
-2 9 .6
215.1
113.3
244.0
312.7
1.0
0.7
2.3
36.9
5.9
6.6
- 2 .7
-1 6 .7
18.7
0.5
0.5
0.2
45
-1 0 .7
-2 5 .7
-18.1
22.6
0.0
-0 .4
0.3
46
62.7
23.9
11.6
24.4
5.9
20.8
- 2.0
2.9
4.4
0.1
47
4.3
5.0
7.4
2.0
-0 .4
-4 .7
-
3.7
-3 .0
-2 .9
-5.1
-4 .6
109.5
112.0
124.4
121.7
32.1
27.8
27.5
-
8.1
6.6
-
-3 .6
-
21.1
-
0.0
2.1
43
Disposition of personal incom e
44 Personal in c o m e ...............................................................................................
89.4
45
Com pensation of em ployees.......................................................................
31.1
46
W ages and sa larie s...................................................................................
-0 .9
2.2
- 0.8
-
2.8
-
-
-1 8 .1
-27 .1
47
Supplem ents to wages and s a la rie s ....................................................
32.0
-1 .4
34.9
35.7
38.0
48
P roprietors’ incom e with inventory valuation and capital
consum ption a d ju stm e n ts.......................................................................
-1 9 .3
-3 0 .5
-7 1 .7
-9 0 .8
-7 9 .3
111.2
-7 1 .4
-6 .4
-7 0 .7
49
Fa rm ..............................................................................................................
1.4
1.5
0.7
2.5
6.7
0.3
-4 .8
-4 .4
1.7
50
N o n fa rm .......................................................................................................
-2 0 .7
-32.1
-7 2 .5
-9 3 .3
-8 5 .9
-1 1 1 .5
- 66.6
2.0
-7 2 .4
51
Rental incom e of persons with capital consum ption a d ju s tm e n t......
-1 .4
33.8
57.0
60.2
61.0
45.7
30.5
44.0
52
Personal incom e receipts on a s s e ts .........................................................
80.8
107.6
95.2
124.5
108.7
109.6
1.7
53
Personal interest in com e .........................................................................
79.9
98.4
81.5
101.1
87.2
85.0
0.9
9.2
13.8
23.3
21.5
1.8
0.0
- 0.1
1.2
1.2
3.4
4.6
0.4
1.9
0.8
1.8
0.6
- 0.1
-0 .3
108.9
54
Personal dividend in c o m e .......................................................................
55
Personal current transfer re ce ipts..............................................................
56
Less: Contributions for governm ent social insurance, d om estic.......
57 Less: Personal current ta x e s ..........................................................................
-
0.6
-
-
-
-
44
2.2
22.6
2.2
-
10.2
1.9
48
18.0
19.2
7.6
34.2
49
20.2
3.5
-2 .4
0.8
- 10.6
0.3
50
53.6
74.7
78.6
- 0.6
31.8
17.0
51
185.3
141.3
199.5
208.8
5.3
11.9
52
-2 0 .4
170.6
178.4
195.3
219.0
6.7
22.1
53
24.6
22.0
14.7
-37.1
4.2
3.1
-1 .3
54
4.3
4.8
0.1
-7 .4
-1 2 .3
6.2
8.8
0.2
- 0.1
0.3
-0 .7
55
1.9
0.9
1.3
0.8
0.8
-0 .5
0.3
-3 .3
1.1
6.0
0.0
0.0
0.2
- 0.1
0.1
1.2
57
-29.1
-
-
-
-
-
-
10.1
-1 6 .8
-
0.8
17.6
-
-
56
58 Equals: D isposable personal in co m e ......................................................
89.5
113.8
124.5
122.0
84.3
214.8
116.6
238.1
295.0
1.1
0.8
2.5
58
59 Less: Personal outla ys......................................................................................
-3 2 .2
-
12.2
18.8
25.0
41.7
15.7
11.8
52.2
49.1
59.2
98.1
-0 .4
0.2
0.9
59
60 Equals: Personal s a v in g ...............................................................................
121.7
121.2
95.0
99.5
80.3
68.5
-4 1 .0
162.5
67.5
178.8
196.9
fin
1.5
1.3
1.0
1.1
0.8
0.6
-0 .4
1.4
0.5
1.5
1.5
61
61
Personal saving as a percentage of disposable personal in c o m e ....
Addenda:
fi? Statistical discrepancy as a percentage of G D P .......................................
-0 .4
63 Gross dom estic in c o m e ....................................................................................
385.9
* Revisions are not shown because this series is new.
0.2
0.1
0.5
0.2
0.2
0.7
-0 .3
0.1
-0 .5
-0 .4
398.8
407.9
411.2
453.7
419.4
327.2
490.3
439.6
543.7
617.0
-
fi?
3.6
3.0
3.9
63
August 2013
Su r v ey
of
27
C u r r e n t B u sin ess
Table 2. Contributions to Percent Change in Real Gross Domestic Product—Continues
Seasonally adjusted at annual rates
2002
Line
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2007
I
II
2008
III
IV
I
Line
II
P ercent change at annual rate:
1
G ross dom estic p ro d u c t.....................................................
1.8
2.8
3.8
3.4
2 P ersonal consum ption e x p e n d itu re s ......................................
1.70
2.08
2.58
2.35
2.02
1.51
-0 .2 4
-1 .0 6
1.34
1.74
1.52
1.58
3
G o o d s .............................................................................................
0.91
1.14
1.19
0.96
0.85
0.63
-0 .5 8
-0 .6 8
0.77
0.76
0.77
0.50
4
Durable g o o d s ..........................................................................
0.64
0.62
0.71
0.47
0.36
0.38
-0.41
-0.41
0.43
0.46
0.56
0.37
2.7
1.8
-0 .3
-2 .8
2.5
1.8
2.8
0.3
2.7
1.5
-2 .7
2.0
1
0.91
1.08
0.39
-0 .5 5
0.53
2
0.36
0.44
0.07
-1 .2 7
0.33
3
0.48
0.36
0.13
-0 .9 3
-0 .0 9
4
-0 .0 6
-0 .5 3
-0 .4 5
5
0.01
0.21
-0 .1 9
0.09
6
0.29
7
3.1
Percentage points a t annual rates:
5
M otor vehicles and p arts....................................................
0.19
0.10
0.09
-0 .0 4
-0 .3 6
-0 .1 6
0.04
0.11
0.17
0.07
0.16
-0 .0 8
Furnishings and durable household equ ip m e nt...........
0.15
0.14
0.19
0.14
0.11
0.10
0.06
6
0.02
-0 .0 9
-0 .1 6
0.09
-0 .0 5
0.03
Recreational goods and ve h icle s ....................................
0.24
0.28
0.33
0.30
0.29
0.25
0.07
-0 .0 3
0.20
0.10
0.22
0.11
7
0.12
0.22
0.17
0.24
0.35
8
O ther durable g o o d s ...........................................................
0.06
0.10
0.09
0.08
0.08
0.05
-0 .0 4
-0 .0 6
0.05
0.06
0.07
-
0.01
- 0.02
8
Nondurable g o o d s ...................................................................
0.27
0.51
0.48
0.50
0.49
0.25
-0 .1 7
-0 .2 7
0.34
0.30
0.22
0.12
0.12
0.07
9
0.02
0.12
0.11
- 0.10
0.08
-0 .0 5
-0 .3 4
0.43
9
10
Food and beverages purchased for off-prem ises
co nsum ption.....................................................................
0.02
0.20
0.16
0.07
-0 .0 6
-0 .0 8
0.07
0.04
0.08
0.13
0.08
0.05
-
0.08
0.03
0.06
0.01
0.00
0.01
0.00
0.00
0.01
-0 .0 6
-0 .0 4
-0 .0 5
O ther nondurable g o o d s ....................................................
0.16
0.27
0.23
0.18
0.26
0.14
-0 .0 9
0.13
0.19
0.16
0.08
0.10
0.01
- 0.12
0.11
10
11
13
0.01
- 0.12
0.02
- 0.11
Gasoline and other energy goods...................................
0.11
0.02
0.11
0.11
- 0.02
0.08
Clothing and footw ear........................................................
0.12
0.12
0.12
11
12
-
-
-
-
-
-
0.02
0.08
0.10
0.09
-
0.07
-0 .0 3
-0 .0 7
0.26
0.10
0.01
-0 .0 9
-0 .1 7
12
-0 .0 9
0.25
13
0.31
14
-0 .0 7
-
0.06
-
-
14
S e rv ic e s ........................................................................................
0.78
0.94
1.39
1.39
1.17
0.88
0.33
-0 .3 8
0.57
0.98
0.74
1.08
0.56
0.63
0.72
0.19
15
Household consum ption expenditures (for services)......
0.61
0.83
1.35
1.39
0.97
0.83
0.12
-0 .3 9
0.56
0.97
0.65
1.05
0.64
0.53
-
0.01
0.52
-0 .0 9
15
16
Housing and utilities............................................................
0.08
0.16
0.30
0.49
0.24
0.12
0.13
0.14
0.16
0.16
0.10
0.24
0.07
0.14
-0 .1 4
0.38
0.15
16
0.15
0.30
0.30
0.22
0.18
0.37
0.17
0.02
0.05
0.02
0.04
0.00
-0 .0 4
-0 .0 6
0.00
-0 .0 3
0.15
-
-0 .0 7
-0 .0 6
-0 .0 4
0.13
17
Health c a r e ...........................................................................
0.56
0.27
0.36
0.34
0.24
0.25
18
Transportation se rvice s......................................................
-0 .0 7
0.02
0.06
0.02
0.01
-
R ecreation s e rv ic e s ............................................................
0.01
0.08
0.13
0.06
0.09
0.11
- 0.02
-
19
0.02
0.10
-0 .0 9
0.03
0.05
0.04
0.07
0.05
20
21
22
Food services and a ccom m od a tion s.............................
0.06
0.15
0.16
0.14
0.13
0.05
-0 .0 4
-0 .1 7
0.06
0.17
0.15
-0 .0 7
0.04
0.23
0.19
0.21
-
-
0.44
0.08
17
0.11
-0 .1 5
18
0.02
19
0.09
0.11
20
21
-0 .1 4
22
Financial services and insurance....................................
-0 .0 3
0.01
0.20
0.27
0.12
0.16
-0 .0 4
-0 .1 3
0.11
0.15
-0 .0 7
0.27
0.23
0.11
0.02
0.11
O ther s e rv ic e s .....................................................................
0.01
0.14
0.13
0.06
0.15
0.13
-0 .0 3
-0 .1 3
0.06
0.09
0.10
0.27
0.08
-0 .1 8
23
Final consum ption expenditures of nonprofit institutions
serving households.............................................................
0.17
0.11
0.03
0.00
0.20
0.05
0.09
0.03
-0 .0 9
0.11
0.32
0.20
0.28
23
0.38
0.14
0.18
0.17
0.26
0.16
0.02
0.12
0.00
G ross output of nonprofit in stitutio ns.............................
0.22
0.22
0.02
24
0.09
0.09
0.21
0.20
0.01
0.15
0.25
0.30
0.19
24
25
Less: Receipts from sales of goods and services by
n onprofit in stitutio ns.......................................................
0.21
0.03
0.14
0.17
0.06
0.11
0.10
0.08
0.09
0.12
0.17
0.10
0.04
-0 .0 7
0.10
-0 .0 9
25
26 G ross private dom estic in ve s tm e n t........................................
-0.11
0.71
1.55
1.20
0.42
-0.61
-1.71
-3 .5 2
1.66
0.69
1.36
-0.71
1.02
-0 .4 4
-1 .4 3
-2 .3 6
-1.21
26
27
Fixed in vestm en t........................................................................
-0 .6 4
0.69
1.18
1.24
0.37
-0 .3 7
-1 .2 2
-2 .7 7
0.21
0.85
1.17
-0 .1 2
0.19
-0 .4 5
-0 .6 4
-1.31
-0 .9 7
27
28
Nonresidential...........................................................................
-0 .9 3
29
S tru c tu re s ..............................................................................
-0 .5 6
30
E quipm ent..............................................................................
-0 .3 6
31
Information processing equipm ent.............................
0.11
32
Com puters and peripheral equ ip m e nt...................
0.04
0.07
33
O th e r..............................................................................
-0 .1 5
0.13
34
Industrial equipm ent.......................................................
-
0.10
0.01
- 0.10
-
35
Transportation e qu ip m e n t.............................................
-0 .1 4
36
O ther e q u ip m e nt.............................................................
37
Intellectual property p ro d u c ts..........................................
38
S o ftw a re ............................................................................
0.01
- 0.02
0.00
39
Research and d evelopm ent.........................................
40
Entertainm ent, literary, and artistic o rig in a ls ............
41
R esidential.................................................................................
42
C hange in private in ve n to rie s ...............................................
43
F a rm ............................................................................................
44
N onfarm ......................................................................................
0.55
45 Net exports of goods and s e rv ic e s .........................................
-0 .6 2
-
0.62
0.83
0.87
0.76
-0 .0 9
-2 .0 4
0.28
0.84
0.85
0.89
1.03
0.81
0.88
0.00
-0.31
28
0.04
0.20
0.39
0.21
-0 .7 0
-0 .4 9
0.05
0.31
0.45
0.70
0.63
0.34
0.06
0.24
29
0.19
0.44
0.56
0.51
0.19
-0 .4 2
-1 .2 9
0.70
0.62
0.41
0.30
0.28
0.12
0.23
-0 .3 0
-0.61
30
0.19
0.20
0.17
0.25
0.23
0.01
-0 .1 7
0.17
0.04
0.05
0.50
0.07
0.21
0.50
-0 .0 6
-
0.01
31
0.08
0.07
0.13
0.08
0.03
0.00
0.05
0.01
0.03
0.14
-0 .0 4
0.09
0.16
0.11
0.03
32
0.13
0.12
0.15
-0 .0 3
-0 .1 7
0.02
0.36
0.11
-0 .1 7
-0 .0 4
33
0.04
-0 .0 7
-0 .2 9
0.16
0.06
-
0.11
0.33
0.11
0.02
0.34
0.02
-0 .0 5
34
0.16
0.16
0.10
0.10
0.12
- 0.01
0.05
0.02
0.10
0.10
-0 .0 6
-0 .3 0
-0 .5 6
0.43
0.27
0.25
0.03
-0 .2 8
-0 .0 7
0.09
0.13
0.06
-
0.02
-0 .0 7
-0 .2 7
0.10
0.14
0.05
-
0.12
0.16
-0 .0 4
0.10
0.09
-
-
0.14
0.19
0.23
0.16
0.17
0.11
-0 .0 5
0.16
0.10
0.07
0.10
0.08
0.00
-0 .0 4
0.11
- 0.01
0.09
0.09
0.05
0.04
0.01
0.01
0.08
0.03
0.04
0.01
0.01
0.29
0.47
0.56
0.41
-0 .5 0
-1 .1 3
0.02
- 1.12
-
-
0.01
0.23
-
0.00
-
0.22
-
-
-
-0 .2 8
-
-
0.03
-0 .0 5
-0 .5 6
35
0.02
-0 .1 6
0.01
36
0.07
0.17
0.13
0.14
0.05
0.06
0.31
0.24
0.06
37
0.02
0.10
0.10
0.16
0.02
0.07
0.10
0.21
0.03
38
-0 .0 4
0.04
0.05
0.03
0.00
39
0.05
0.00
-0 .0 3
0.01
-0 .0 3
-
-0 .7 3
-0 .0 7
0.01
0.01
0.01
0.00
0.06
- 0.01
0.32
-
-0 .8 4
-1 .2 6
-1 .5 3
-0 .7 6
1.45
-0 .1 6
0.20
-0 .5 8
0.83
0.01
-0 .7 9
0.02
-0 .0 4
0.02
-0 .0 3
0.23
0.21
0.05
0.03
-
1.01
0.04
-
-
0.24
0.05
0.02
40
-1.31
-0 .6 7
41
-1 .0 5
-0 .2 4
42
0.10
0.21
43
0.02
-
0.53
0.02
0.37
-0 .0 4
0.04
-0 .2 3
-0 .4 9
0.02
0.03
0.07
-0 .0 6
-0 .0 3
0.03
0.01
0.01
0.30
0.02
0.07
-0 .2 6
-0 .5 0
-0 .7 4
1.49
-0 .1 8
0.22
-0 .8 2
1.04
-0 .0 5
-0 .8 2
-0 .9 5
-0 .4 4
44
-0 .4 2
-0 .6 4
-0 .3 2
-0 .0 6
0.59
1.12
1.14
-0.51
0.10
0.10
-0 .4 5
0.53
1.53
2.21
-0 .0 7
2.05
45
-
-
-
-
46
E xp o rts ...........................................................................................
-0 .1 8
0.15
0.85
0.59
0.90
0.96
0.67
-1 .1 0
1.28
0.89
0.48
0.64
0.78
1.58
1.26
0.58
1.42
46
47
G o o d s .........................................................................................
-0 .2 4
0.12
0.55
0.50
0.67
0.57
0.50
-
1.02
1.08
0.63
0.36
0.42
0.49
0.92
0.71
0.82
1.07
47
48
S ervices......................................................................................
0.06
0.03
0.31
0.09
0.23
0.38
0.17
-0 .0 8
0.20
0.27
0.12
0.22
0.30
0.66
0.55
-0 .2 4
0.35
48
49
Im p o rts ...........................................................................................
-0 .4 4
-0 .5 6
-1 .4 9
-0.91
-0 .9 6
-0 .3 7
0.45
2.24
-1 .7 9
-0 .7 9
-0 .3 8
-1 .0 9
-0 .2 6
-0 .0 5
0.95
-0 .6 5
0.63
49
0.05
0.81
-0 .3 5
0.51
50
0.10
0.14
-0 .3 0
0.13
51
50
G o o d s .........................................................................................
-0.41
-0 .5 4
-1 .2 6
-0 .8 3
-0 .7 8
-0 .2 5
0.53
2.15
-1 .7 2
-0 .7 0
-0 .3 0
-0 .9 2
-0 .1 5
51
S ervices......................................................................................
-0 .0 4
-0 .0 3
-0 .2 3
-0 .0 7
-0 .1 7
- 0.12
-0 .0 8
0.08
-0 .0 7
-0 .0 9
-0 .0 7
-0 .1 7
-
0.10
-
52 Governm ent consum ption expenditures and gross
investm ent.....................................................................................
0.81
0.42
0.31
0.12
0.29
0.30
0.54
0.64
0.02
-0 .6 8
-0 .2 0
-0 .1 6
0.66
0.56
0.31
0.32
0.62
52
53
Federal............................................................................................
0.46
0.46
0.33
0.13
0.18
0.12
0.50
0.44
0.37
-0 .2 3
-0 .1 2
-0 .3 9
0.46
0.55
0.16
0.47
0.56
53
54
National defense......................................................................
0.28
0.36
0.27
0.09
0.09
0.11
0.36
0.27
0.18
-0 .1 3
-0 .1 7
-0 .3 7
0.39
0.43
0.03
0.31
0.38
54
55
Consum ption expenditures...............................................
0.17
0.26
0.18
0.04
0.04
0.06
0.25
0.25
0.16
-0 .0 6
-
0.11
-0 .3 4
0.20
0.41
0.02
0.25
0.09
55
56
Gross investm ent.................................................................
0.11
0.09
0.05
0.06
0.06
0.10
0.02
0.02
-0 .0 7
-0 .0 6
-0 .0 4
0.19
0.06
0.30
56
N o nd efense...............................................................................
0.18
0.05
0.03
0.09
0.14
0.17
0.19
-
0.10
0.05
0.13
0.15
0.17
57
Consumption expenditures..................................................
0.13
0.08
0.05
0.03
0.06
0.13
-0 .0 9
0.04
0.09
0.12
58
0.05
0.03
0.01
0.01
0.03
0.03
0.06
0.00
0.02
0.03
0.03
0.12
0.01
0.15
Gross investment...................................................................
0.12
0.02
0.14
59
0.01
0.00
- 0.01
0.06
58
0.01
0.00
0.01
0.02
0.12
0.01
57
0.10
0.11
0.01
0.05
59
60
State and lo c a l.............................................................................
0.35
-0 .0 5
-0 .0 2
0.00
0.11
0.18
0.04
0.20
-0 .3 5
-0 .4 6
-0 .0 8
0.23
0.20
0.01
0.15
-0 .1 5
0.07
60
61
Consum ption expenditures....................................................
0.27
-0 .0 6
0.01
0.06
0.07
0.16
0.00
0.17
0.11
-
0.11
-0 .0 6
61
0.02
-0 .0 3
-0 .0 6
0.04
0.03
-0 .0 8
-0 .1 6
-0 .0 8
0.06
0.09
0.00
0.01
0.09
0.09
0.21
0.01
-0 .3 0
G ross investm ent.....................................................................
0.02
0.02
-0 .2 7
62
0.07
-0 .0 4
0.12
62
See “Explanatory Note” at the end of the tables.
-
0.08
-
-
28
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 2. Contributions to Percent Change in Real Gross Domestic Product—Table Ends
Seasonally adjusted at annual rates
Line
2008
2010
2009
III
IV
I
II
-2 .0
-8 .3
-5 .4
2012
2011
III
IV
I
II
III
IV
-0 .4
1.3
3.9
1.6
3.9
2.8
2.8
I
2013
Line
II
III
IV
I
II
III
IV
I
II
3.2
1.4
4.9
3.7
1.2
2.8
0.1
1.1
1.7
1
2
Percent change at annual rate:
1
Gross dom estic product.....................................................
-1 .3
Percentage points at annual rates:
2 Personal consum ption e xpenditures ...................................... -2.11 -3 .0 8 -0 .8 3 -1 .1 3
1.73
0.05
1.42
2.21
1.87
2.86
1.42
1.03
1.42
1.65
1.98
1.28
1.15
1.13
1.54
1.22
3
G o o d s ............................................................................................
-1 .7 7 -3 .0 0
0.11 -0 .5 9
1.57 -0.21
0.88
1.14
0.85
1.66
0.60
0.05
0.29
1.14
1.04
0.50
0.84
0.85
0.85
0.79
3
4
Durable g oo ds..........................................................................
-0 .9 3 -2 .0 9
0.07 -0 .1 6
1.35 -0 .5 2
0.37
0.84
0.46
0.88
0.38 -0 .0 6
0.36
0.93
0.59
0.74
0.43
0.48
4
5
Motor vehicles and p a rts ...................................................
-0 .4 7 -
0.24
0.04
0.93 -0 .9 2 -
0.19
0.33
0.13 -
6
Furnishings and durable household e q u ip m e n t..........
-0 .2 5 -0 .3 6 -0 .2 3 -
0.12
0.08
0.09
0.07
0.07
0.01
0.12
6
0.10
0.02
0.21
0.26 - 0.11
0.13 0.02
0.22 0.19
0.09 0.12
0.22
0.21
0.16
0.24
7
0.08
0.13
0.07
0.12
8
0.04 -0 .4 3
0.35
0.25
0.10
0.43
0.31
9
0.11 -0 .0 7
0.04
0.16
0.11
0.17
0.11
0.11
10
11
12
1.01
0.10
0.39
0.17
0.46
0.09 -0 .4 3
0.04
0.56
0.11
0.17
0.20
0.03
0.13
0.04
0.09
0.09
0.17
0.31
0.28
0.21
0.25
0.18
0.18
0.21
0.18
0.20
0.25
0.03
0.01
0.08
0.01
0.08
0.11
0.04
0.09
0.04 -0 .0 4
0.22
0.31
0.51
0.29
0.38
0.78
0.22
0.11 -0 .0 8
0.16
0.13
0.21
0.19 -0 .1 5
0.09
0.31
0.07
0.10 -0 .1 6
0.09
0.08
0.19
0.14
0.02
0.27
0.05
7
Recreational goods and v e h ic le s ...................................
-0 .1 5 -0 .4 7
8
O ther durable goo ds...........................................................
-0 .0 6 -0 .2 5 -0 .0 3
9
Nondurable g oo ds...................................................................
10
Food and beverages purchased for off-premises
co nsu m p tion ....................................................................
-0 .2 7 -0 .5 0 -0 .0 4
-0 .8 4 -0 .9 2
0.08 -
0.21
0.69
0.28
5
11
12
Clothing and footw ear.........................................................
-0 .1 8 -0.31 -
Gasoline and other energy g o o d s ..................................
-0.41
0.10
0.01
13
O ther nondurable g oo d s....................................................
0.03 -0.31 -0 .0 8 -0 .2 6
0.07
0.13
0.13
0.10
0.21
0.08 -0 .0 5 - 0.02 0.15 0.12 0.09 0.05
0.10 -0 .1 5 0.09 0.10 -0 .0 9 0.11 -0 .0 4
0.05 -0 .0 4 -0 .0 8 -0 .2 5 - 0.01 - 0.02 - 0.12 0.18 -0 .0 8 -0 .1 4
0.23 0.25 0.19 0.18 0.14 0.15 0.22 0.07 0.14 0.23
14
S e rv ic e s .........................................................................................
-0 .3 5 -0 .0 8 -0 .9 4 -0 .5 4
0.15
0.26
0.54
1.07
1.02
1.20
0.81
0.98
1.14
0.51
0.94
0.78
0.31
0.29
0.69
0.43
14
15
Household consum ption expenditures (for s e rv ic e s ).....
-0 .5 8 -0 .3 5 -0.71 -0 .3 7
0.10
0.53
1.27
0.84
0.94
0.84
0.66
0.87
0.52
0.25
0.13
1.04
0.64
15
16
Housing and u tilitie s ...........................................................
-0 .1 4
0.44
0.09
0.28
0.06
0.17
0.32 -0 .1 3 -
0.12
0.55
0.16 -0 .3 5
0.58 -0 .0 4
16
17
Health c a re ...........................................................................
0.09
0.13
0.31
1.00 1.14
0.11 0.10 0.26 0.18 - 0.02 0.27
0.35 0.18 -0 .1 4 - 0.11 0.41
0.44
-0 .1 5 - 0.11 -0 .0 8
0.01 0.04 0.05
0.07 0.08 -0 .0 6
- 0.10 -0 .0 5
0.15
-0 .1 6 -0 .0 4 - 0.02 0.15 0.13 0.10
- 0.12 0.01 -0 .1 5
0.21 0.41 - 0.02
-0 .3 0
0.06 0.15 0.01 0.08 0.15
0.43
0.24
0.30 -0 .0 9
0.55
0.54
0.03
0.26
0.26
0.14
0.30
17
0.04
0.04
0.02 - 0.01
0.06
0.04
18
0.01
0.10
0.03 -0 .0 4
0.06
0.07
19
0.11 - 0.01
0.27 0.20
0.08
20
21
22
0.22
0.27 -0 .1 7 -0 .0 7 -
18
Transportation s e rv ic e s .....................................................
-0 .1 8 -0 .3 3 -0 .2 8
19
Recreation se rvices............................................................
-0 .1 3 -0 .1 3 -
20
21
22
Food services and accom m odations..............................
-0 .1 6 -0 .2 5 -0 .2 9
Financial services and in surance....................................
0.03 -
0.10
0.22 -0 .1 6
0.02 -0 .2 8
0.14
O ther s e rv ic e s ......................................................................
-0 .0 9
23
Final consumption expenditures of nonprofit institutions
serving hou seh o ld s............................................................
0.23
0.28 -0 .2 3 -0 .1 7
24
G ross output of nonprofit institutions..............................
0.24
0.23
0.05
0.07
0.01
0.10
25
Less: Receipts from sales of goods and services by
nonprofit institutions........................................................
0.01 -0 .0 5
0.28
0.23
0.09 -0 .1 5 -0 .0 8
26 Gross private dom estic investm en t........................................
-1 .8 6 -5 .7 4 -7 .0 2 -3 .2 5 -0 .4 0
0.00
0.02 -0 .0 8
0.16
0.02
0.09
0.06
0.08 -0 .0 6
0.15
0.07
0.02 - 0.01
0.02 0.05
0.21
0.22
0.20
0.02
0.00
0.14
0.18
0.31 -
0.10 -0 .0 5 -0 .1 7 -0 .3 5 - 0.01
0.12 0.28 -0 .0 4 0.09 0.01 -0 .1 7
0.14
0.20
0.10
0.14
0.03
0.18
0.05
0.27
0.07 - 0.11 -0 .0 7 -0 .0 3
0.04
0.30 -0 .1 5
0.06
0.26
0.06
0.16 -0 .3 5 -
0.32
0.18
0.17 -0 .0 6
0.11
0.00
0.26
0.39
0.09
0.31
0.09 -
0.24 -
0.06 -0 .3 0
0.41
0.33 -0 .1 6
1.88
0.36
4.13
1.57 -0 .2 3
0.02
0.25
0.29
4.05
1.77
2.86
1.86 -0.51 -1.11
13
0.22
23
0.22
0.00
24
0.25 -0 .0 7
0.13
0.22
25
0.99 -0 .3 6
0.71
1.34
26
27
Fixed investm ent........................................................................
-2 .1 2 -4 .2 9 -4 .7 5 -2 .1 3 -0 .0 2 -0 .3 6
0.11
1.77 -0 .0 4
1.13 -0 .0 5
1.16
1.96
1.39
1.21
0.68
0.39
1.63 -0 .2 3
0.93
27
28
N o nreside ntia l..........................................................................
-1 .4 2 -3 .0 0 -3 .5 8 -1 .4 6 -0 .5 4 -0 .3 7
0.46
1.21
0.94 -0 .0 9
1.09
1.81
1.10
0.68
0.53
0.04
1.13 -0 .5 7
0.55
28
29
S tructu re s..............................................................................
-
0.27 -0 .1 5
0.18 -0 .8 2
0.68
0.62
0.35
0.18
0.18
0.15
0.44 -0 .8 0
0.17
29
30
E qu ip m e nt.............................................................................
-1 .1 8 -2 .5 0 -2 .2 5 -0 .6 0
0.25
0.36
1.25
1.02
0.83
0.57
0.23
0.99
0.54
0.45
0.29 -
0.22
0.47
0.09
0.23
30
31
Information processing e q u ip m e n t............................
-0 .3 6 -0 .7 4 -0 .2 3
0.43
0.27
0.14
0.06
0.13
0.19 -0 .1 5
0.01
0.05
0.31 -0 .0 5
0.19
31
32
34
0.20 0.03 0.10 0.12 0.25 0.03 -0 .0 3 -0 .0 9 -0 .0 3 -0 .0 9
0.20 -0 .5 3 -0 .2 6 -0 .0 7 0.31 0.02 0.12 0.09 0.22 0.22 -0 .0 6
Industrial e q u ip m e nt...................................................... - 0.10 -0 .2 5 -0 .6 7 -0 .2 3 - 0.11 -0 .0 6 -0 .0 9
0.22 0.04 0.14 0.22
35
Transportation equ ip m e nt.............................................
33
0.10 -0 .3 5 - 1.10 -1 .0 3 -0 .8 4 -0 .9 8 -0 .7 3
Com puters and peripheral e q u ip m e n t..................
-0 .1 6 -
O th e r..............................................................................
-
36
O ther equipm ent.............................................................
37
Intellectual property pro du cts...........................................
38
S o ftw a re ............................................................................
0.03
0.20 -0 .0 8
0.14 0.03 0.06 0.11 - 0.10 -0 .1 9
0.00 -0 .0 3 - 0.01 0.12 - 0.10 0.11
0.00 0.33 0.23 -0 .1 9 0.12 0.00
0.14 -
0.23 -
0.28 -0 .0 8 -0 .0 4
32
0.04
0.04
0.23
33
0.07
0.00
0.00
34
0.01 - 0.10
0.07
35
36
0.87
0.55
0.54
0.08
0.26
0.04
0.43
0.47
0.30
0.29 -0 .2 5
-0 .0 3 -0 .4 7 -0 .3 9 -0 .3 7 -0 .1 6 -0 .0 5
0.34
0.19
0.12
0.22
0.16
0.25
0.05
0.24 -
0.08
0.10
0.07
0.24 -0 .0 3
0.14
0.18
0.20
0.20
0.21
0.11
0.19
0.05
0.07
0.11
0.21
0.14
0.15
37
0.06
0.09
0.13
0.13
0.14
0.16
0.03
0.11
0.06
0.16
0.13
0.07
38
0.04
0.03 -0 .0 3
0.01
0.02
0.07
39
0.01
40
0.09
-0 .1 4 -0 .1 5 -0 .2 3
0.16
0.04
0.25 -0 .0 7 -0 .0 8
0.02 -0 .0 9 -0 .0 4
Research and developm ent......................................... - 0.12 -0 .0 4 -0 .1 7
Entertainm ent, literary, and artistic originals............ -0 .0 4 - 0.02 -0 .0 3
0.07
0.07
0.10 -0 .1 5 -0 .1 4
0.11 0.01 -0 .0 3
0.11
0.06
0.04
0.05
0.04 -0 .0 3 -
41
R e sid e n tia l................................................................................
0.02
0.02 - 0.01
-0.71 -1 .2 9 -1 .1 7 - 0.66 0.52
0.01 -0 .3 5
0.56 -0 .9 4
42
Change in private invento ries...............................................
0.26 -1 .4 5 -2 .2 6 -1 .1 2 -0 .3 8
4.40
1.09
0.01 -0 .0 9
1.11 -0 .2 9
4.30
39
40
0.59
0.20
-0 .6 9 -1 .0 4 -0 .9 6 -
0.02
0.90
43
Fa rm ............................................................................................
0.08 -0 .0 5 -0 .0 9 -
44
N o n fa rm .....................................................................................
0.19 -1 .4 0 -2 .1 7 -
45 Net exports of goods and s e rv ic e s .........................................
0.88 -0 .0 8
2.25
0.08 -
0.08
0.09
0.04
0.05
0.03
0.04
0.05 -
0.01
0.02 - 0.01
0.00
0.00
0.01
0.07
0.15
0.35
0.50
0.34
0.38
41
0.60 -2 .0 0
0.93
0.41
42
0.15
0.29
0.53
0.72 -1 .6 0
2.73
0.36 -0 .91
0.10 -0 .0 6 -0 .0 9 - 0.11 0.02 0.11 - 0.02 0.08
1.72
1.18 2.01 - 1.66 -1 .1 7
0.74 - 1.68
0.05
0.08 -0 .1 4 -0 .3 2
2.68
0.27 -0 .7 6
1.66
0.19
0.06
0.01
1.90 -1 .6 4 -1 .0 6
0.10
0.88
0.13
43
0.91 -2 .0 9
0.06
0.28
44
45
2.40 -0 .5 3 -0 .0 5 -0 .9 6 -1 .7 7 -0 .8 8
1.32
0.01
0.53
0.10 -0 .6 0
0.44
0.10 -0 .0 3
0.68 -0 .2 8 -0 .81
0.10
1.45
2.42
0.73
1.10
1.27
1.47
0.48
0.64
0.92
0.38
0.56
0.51
0.05
0.15 -0 .1 8
0.71
46
0.22 -2 .7 3 -3 .1 3 -0 .1 8
1.41
1.99
0.85
0.93
0.70
1.07
0.38
0.34
0.53
0.72
0.17
0.48
0.16 -0 .2 8 -0 .2 7
0.49
47
0.04
0.43 -
0.12
0.17
0.57
0.40
0.09
0.30
0.39 -0 .3 5
0.39
0.03 -
0.10
0.22
48
0.53 -0 .1 0 -1.51
49
46
E x p o rts ..........................................................................................
47
G oods..........................................................................................
-
48
S e rv ic e s .....................................................................................
-0 .2 3 -0 .1 9 -0 .4 6
49
im p o rts ...........................................................................................
1.33
2.85
5.84
2.29 -1 .9 8 -2 .4 7 -1 .7 0 -2 .8 7 -2 .1 5 -0 .1 5 -0 .4 6 -0 .11 -0 .8 2 -0 .9 8 -0 .1 2 -0 .41 -0 .0 8
50
G oo d s..........................................................................................
1.54
2.98
5.33
2.15 -1 .9 2 -2.41 -
0.50
0.03 -1 .2 9
50
51
S e rv ic e s .....................................................................................
0.21 -0 .1 4
0.51
1.68 -2 .7 7 -1 .7 9 - 0.22 -0.61 0.10 -0 .5 0 -0 .9 3 - 0.12 -0 .3 5 -0 .0 5
0.14 -0 .0 6 -0 .0 6 - 0.02 - 0.10 -0 .3 6
0.07 0.14 - 0.21 -0 .3 2 -0 .0 5
0.00 -0 .0 6 -0 .0 3
0.03 -0 .1 3 - 0.22
51
-0 .4 5 -2 .9 2 -3 .5 9
-
0.28
52 G overnm ent consum ption expenditures and gross
inve s tm e n t....................................................................................
1.13
0.56
0.15
1.56
0.48 -0 .1 7 -0 .6 3
0.61 -0 .0 7 -0 .8 7 -1 .61 -0 .2 5 -0 .5 2 -0 .31 -0 .2 8
53
F e d e ra l...........................................................................................
0.91
0.56 -0 .2 4
1.09
0.47
0.32
0.71
54
National d e fe n s e ......................................................................
0.85
0.29 -0 .4 5
0.87
0.46 -0 .0 7 -
0.41 -0 .1 9 -0 .8 3
0.36
0.13 -0 .5 7 -0 .3 6 -0 .0 5
C onsum ption expenditures...............................................
0.73
0.24 -0 .2 5
0.70
0.41
0.11
0.01 -0 .0 5
0.34
55
0.23
0.37 -0 .2 5 -0 .4 7
0.31
0.19 -0 .5 8 -
56
G ross investm ent.................................................................
0.12
0.05 -
0.06 -0 .0 8 -0 .0 6
0.11
0.04
0.06 -0 .0 6
N o ndefense...............................................................................
0.06
0.28
0.20
0.21
0.18
57
0.21
0.01
0.09
0.43
0.37 -0 .0 9 -0 .0 4 - 0.11 - 0.21 -0 .4 2
0.02
0.24
0.20 -0 .0 6
0.01 0.07
0.04
0.34
0.28 -
0.06
0.09
0.09
59
Gross investment...................................................................
0.04
0.04
0.20
0.01
60
State and lo c a l............................................................................
0.22
0.00
0.39
0.47
61
Consum ption e xpe n d itu re s ...................................................
0.19
0.19
0.39
0.29
62
Gross in vestm en t.....................................................................
0.03 -0 .1 9
0.00
58
Consumption expenditures....................................................
See “Explanatory Note” at the end of the tables.
0.02
0.32 -0 .2 3 -0 .9 4
0.05
0.67 -1.31 -0 .8 2 -0 .0 8
52
0.69 -1 .1 9 -0 .6 8 -0 .1 2
53
0.11 -0 .1 3
1.22 -0 .5 7 - 0.02
54
0.61 -1 .1 4 -0 .3 8 -0 .1 5
55
0.60 -
0.00 -0 .2 5
0.08 -
0.16
0.04
0.01 -0 .0 8 -0 .1 8 0.12
0.08 0.03 - 0.11 -0 .0 9
56
0.32
0.11 -0 .0 5 -0 .1 3 -0 .1 7 -0 .3 9 0.38 0.18
0.02 0.01 0.02 -0 .0 4 -0 .0 3 -0 .0 6 - 0.02
0.03
0.08
0.05 -0 .0 5 -0 .0 8
58
0.00
0.00 - 0.02 -0 .0 5 - 0.01
59
0.06 -0 .3 6
0.68 -0 .3 5 -0.41 -0 .3 5 -0 .3 3 -0 .2 6 -0 .1 7 -0 .0 4 0.10
0.24 0.02 -0 .2 8 -0 .3 4 -0 .1 5 -0 .0 6 - 0.01 -0 .1 8
0.18 -0 .0 3 -0 .2 6 -0 .2 8
0.07 -
0.09
0.16 -0 .2 9 -0 .2 5 -0 .2 0 -0 .0 2
0.01 -0 .1 9 -0 .9 5 -0 .1 0 -0 .3 9 -0 .6 3 -0 .6 7 -0.41 -0 .2 3 -0 .0 5 -0 .0 8
0.04
0.43
0.07 -0 .0 2 -0 .1 2 -0 .1 4
57
0.04
60
0.12 - 0.01 0.01 0.04
0.04 -0 .1 4 - 0.11 -0 .1 6 - 0.01
62
0.03
61
August 2013
Su r v ey
29
C u r r e n t B usin ess
of
Table 2A. Contributions to Percent Change in Real Gross Domestic Product—Continues
S easonally adjusted at annual rates
2002
Line
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2007
I
II
2008
III
IV
I
Line
II
Percent change at annual rate:
1
2
G ross dom estic p ro d u c t.............................................................
1.8
2.8
3.8
3.4
2.7
1.8
-0 .3
-2 .8
2.5
1.8
2.8
0.3
3.1
2.7
1.5
-2 .7
2.0
Previously pub lish e d ...................................................................
1.8
2.5
3.5
3.1
2.7
1.9
-0 .3
-3.1
2.4
1.8
2.2
0.5
3.6
3.0
1.7
-
1.8
1.3
3 Personal consum ption exp e n d itu re s ..............................................
1.70
2.08
2.58
2.35
2.02
1.51
-0 .2 4
-1 .0 6
1.34
1.74
1.52
1.58
0.91
1.08
0.39
-0 .5 5
0.53
3
4
Previously published............................................................................
1.85
1.97
2.30
2.35
1.98
1.60
-0 .3 9
-1 .3 6
1.28
1.79
1.32
1.56
1.09
1.24
0.83
-0 .7 0
-0 .0 8
4
5
G o o d s ......................................................................................................
0.91
1.14
1.19
0.96
0.85
0.63
-0 .5 8
-0 .6 8
0.77
0.76
0.77
0.50
0.36
0.44
0.07
-1 .2 7
0.33
5
6
Previously published........................................................................
0.99
1.12
1.09
1.01
0.80
0.71
-0 .5 9
-0 .6 9
0.82
0.89
0.74
0.63
0.46
0.72
0.25
-1 .3 7
0.12
6
7
Durable g o o d s ..................................................................................
0.64
0.62
0.71
0.47
0.36
0.38
-0.41
-0.41
0.43
0.46
0.56
0.37
0.48
0.36
0.13
-0 .9 3
-0 .0 9
7
8
Previously pub lish e d ...................................................................
0.69
0.60
0.65
0.52
0.39
0.42
-0.41
-0.41
0.45
0.53
0.58
0.43
0.48
0.43
0.19
-0 .8 4
-0 .2 3
8
0.10
0.10
0.09
-0 .0 4
-0 .3 6
-0 .1 6
0.04
0.11
0.17
0.07
0.16
-0 .0 8
-0 .0 6
-0 .5 3
-0 .4 5
9
-
- 0.11
0.02 - 0.11
0.06
0.05
0.05
-0 .3 8
-0 .1 6
0.05
0.13
0.19
0.06
0.17
-0 .0 9
-0 .0 7
-0 .4 8
-0 .5 8
0.09
0.10
0.10
0.22
0.11
-0 .0 5
0.03
0.09
-0 .0 6
0.05
0.17
0.24
0.35
0.01 -0 .1 9
0.02 -0 .1 7
0.21 - 0.11
0.09
0.10
0.20
10
11
12
0.29
13
0.25
0.41
0.25
-0 .0 9
0.30
14
0.07
-
0.10 - 0.02
15
-
0.01
0.01
-
0.07
0.08
-0 .0 5
0.29
0.06
1
2
Percentage points at annual rates:
9
M otor vehicles and parts............................................................
0.19
10
11
Previously p ub lish e d ..............................................................
0.19
Furnishings and durable household equipm ent...................
0.15
0.14
0.19
0.14
0.10
Previously p ub lish e d ..............................................................
0.15
0.12
0.16
0.12
0.09
0.02 -0 .0 9
0.01 -0 .0 8
-0 .1 6
12
13
Recreational goods and ve hicles.............................................
0.24
0.28
0.33
0.30
0.29
0.25
0.07
-0 .0 3
0.12
0.11
0.22
14
Previously p ub lish e d ..............................................................
0.27
0.29
0.35
0.33
0.33
0.30
0.09
-0 .0 3
0.24
0.25
0.24
-0 .1 5
15
O ther durable g o o d s ...................................................................
0.06
0.10
0.09
0.08
0.08
0.05
-0 .0 4
-0 .0 6
0.05
0.06
0.07
0.22
0.02
16
Previously p ub lish e d ..............................................................
0.07
0.09
0.09
0.10
0.09
0.05
-0 .0 4
-0 .0 6
0.05
0.05
0.07
0.05
17
Nondurable g o o d s ...........................................................................
0.27
0.51
0.48
0.50
0.49
0.25
-0 .1 7
-0 .2 7
0.34
0.30
0.22
18
Previously p u b lish e d ...................................................................
0.30
0.52
0.44
0.49
0.41
0.29
-0 .1 8
-0 .2 8
0.37
0.36
0.15
0.12
0.12
0.12 - 0.12
0.20 - 0.02
19
Food and beverages purchased for off-premises
consum ption..............................................................................
0.12
0.12
0.20
0.16
0.07
-0 .0 6
-0 .0 8
0.07
0.04
-
0.06
0.17
0.15
0.08
-0 .0 5
-0 .0 9
0.13
0.00
0.03
-
0.11
0.12
0.13
0.08
0.05
-
0.08
0.03
0.06
-
0.15
0.11
0.08
-
0.11
0.11
0.11
0.12
0.08
0.07
0.08
0.03
0.12
-0 .0 4
-0 .0 5
-
-0 .0 3
-0 .0 5
-0 .0 5
0.16
0.08
0.11
-
0.07
0.02
16
-0 .3 4
0.43
17
-0 .5 3
0.35
18
-0 .0 9
-
20
21
22
Previously p ub lish e d ..............................................................
0.02
0.01
Clothing and foo tw e ar.................................................................
0.08
0.12
Previously p ub lish e d ..............................................................
0.08
0.13
23
Gasoline and other energy goods...........................................
0.01
0.00
24
Previously p u b lish e d ..............................................................
0.03
0.05
25
O ther nondurable g o o d s ............................................................
0.16
0.27
26
Previously p u b lish e d ..............................................................
0.18
0.27
0.02 - 0.01
0.00
0.00 - 0.12
0.01 - 0.02 -0 .0 6
0.03 - 0.02 -0 .0 6 - 0.02 -0 .1 3
0.02 - 0.01 -0 .0 9
0.23
0.14
0.18
0.26
0.02 -0 .0 9
0.13
0.19
0.23
0.19
0.21
0.15
0.02 -0 .0 9
0.14
0.25
0.15
0.09
0.13
0.00 -0 .1 3
0.06 - 0.01
0.11
0.04
27
S e rv ic e s .................................................................................................
0.78
0.94
1.39
1.39
1.17
0.88
0.33
-0 .3 8
0.57
0.98
0.74
1.08
0.56
0.63
0.31
28
Previously published........................................................................
0.86
0.85
1.22
1.34
1.18
0.89
0.46
0.90
0.58
0.93
0.63
0.52
0.58
0.67
-
29
Household consumption expenditures (for services)..............
0.61
0.83
1.35
1.39
0.97
0.83
0.56
0.97
0.65
1.05
0.64
0.53
0.01
30
Previously p ub lish e d ...................................................................
0.69
0.77
1.23
1.39
1.00
0.81
0.21 -0 .6 7
0.12 -0 .3 9
0.00 -0 .7 0
0.44
0.82
0.51
0.99
0.72
0.25
31
Housing and utilities....................................................................
0.08
0.16
0.30
0.49
0.24
0.12
0.13
0.14
0.16
0.16
0.24
0.07
32
Previously p u b lish e d ..............................................................
0.09
0.16
0.28
0.57
0.27
0.08
0.09
0.14
0.11
0.07
0.10
0.00
0.01
0.22
0.01
0.01
-
0.11
0.12
33
Health c a r e ...................................................................................
0.56
0.27
0.36
0.34
0.24
0.25
0.23
0.19
0.15
0.30
0.30
34
Previously p ub lish e d ..............................................................
0.57
0.33
0.34
0.19
0.24
0.25
0.19
0.15
0.39
Transportation se rvices..............................................................
-0 .0 7
0.06
Previously p u b lis h e d ..............................................................
-0 .0 7
0.06
0.01
0.00
0.02 - 0.11 - 0.21
0.02 - 0.12 - 0.21
0.02
- 0.02
0.05
36
0.02
0.02
0.22
0.02
0.45
35
0.22
0.02
0.01
0.04
0.03
0.04
37
Recreation se rv ic e s ....................................................................
0.08
0.13
0.06
0.09
0.03
0.05
0.04
0.07
0.08
0.14
0.05
0.09
0.10 - 0.02 -0 .0 9
0.10 -0 .0 3 - 0.11
0.15
0.16
0.14
0.13
0.05
38
Previously p u b lish e d ..............................................................
0.01
0.02
39
Food services and a ccom m odations......................................
0.06
-0 .0 4
0.06
-0 .0 4
-0 .1 7
0.16
-0 .0 4
-0 .1 3
0.14
0.19
0.14
0.18
-0 .0 6
-0 .3 9
0.14
0.13
0.06
0.15
0.13
-0 .0 3
-0 .1 3
0.14
0.12
0.07
0.16
0.14
-0 .0 8
-0 .1 3
0.03
0.00
0.20
0.05
0.02
0.01
-0 .0 5
0.18
0.08
42
Previously p ub lish e d ..............................................................
43
O ther s e rv ic e s ..............................................................................
0.02
0.01
44
Previously p ub lish e d ..............................................................
0.04
45
Final consumption expenditures of nonprofit institutions
serving households.....................................................................
0.17
0.11
46
Previously pub lish e d ...................................................................
0.17
0.09
47
Gross output of nonprofit in stitutio ns......................................
0.38
0.14
0.18
0.17
0.26
0.16
48
Previously p ub lish e d ..............................................................
0.39
0.11
0.14
0.11
0.22
0.18
0.22
0.20
0.22
0.22
49
Less: Receipts from sales of goods and services by
nonprofit in stitutio ns................................................................
0.21
0.03
0.14
0.17
0.06
Previously p ub lish e d ..............................................................
0.23
0.02
0.15
0.16
0.04
0.11
0.11
0.00
0.02
51 Gross private dom estic in ve s tm e n t.................................................
-0.11
0.71
1.55
1.20
0.42
-0.61
-1.71
52
Previously published.............................................................................
-
0.22
0.60
1.57
0.93
0.47
-0 .5 6
-
53
Fixed in vestm en t................................................................................
-0 .6 4
0.69
1.18
1.24
0.37
-0 .3 7
-1 .2 2
-2 .7 7
50
0.25
- 0.10
-0 .0 9
-0 .1 7
23
-
0.20 -0 .1 5
24
28
0.52
-0 .0 9
29
0.30
0.42
-0 .3 2
30
0.14
-0 .1 4
0.38
0.15
31
0.04
0.13
-0 .0 9
0.32
0.01
32
0.18
0.37
0.17
0.44
0.08
33
0.14
0.13
0.28
0.36
0.31
34
0.00 -0 .0 4
- 0.01 -0 .0 4
0.05
0.11
-0 .0 6
0.11 -0 .1 5
-0 .0 7 - 0.12 -0 .1 6
0.00 -0 .0 3 - 0.02
0.08 - 0.02
0.00 -0 .0 5
0.02
0.09
0.15 - 0.22
0.03
0.16 - 0.21
0.08
0.11 -0 .0 7 -0 .0 6 - 0.11
0.14
0.00 -0 .2 4
0.09
35
0.02
0.14
0.12
-0 .0 8
27
0.11
0.16
0.15 -0 .0 5
0.11
0.15 -0 .0 7
0.27
0.02 - 0.02
0.03
0.18
0.06
0.09
0.10
0.27
0.11
0.04
0.05
0.29
0.15
0.26
0.01
0.20
0.09
0.27
-0 .0 7
-
26
0.04
0.17
-0 .0 3
0.09
0.19
0.06
0.20
0.07
20
21
22
0.21
-0 .0 7
0.15
19
0.05
0.72
0.03
0.01
0.00
0.09
0.11
0.15
0.06
0.10
25
0.17
-0 .0 3
-
-0 .1 4
0.25
0.07
Previously p u b lish e d ..............................................................
0.08
0.16
-0 .0 9
0.06
Financial services and insurance.............................................
0.02
0.09
0.12 -0 .0 7
0.03
40
-
0.04
0.01
0.02
-0 .1 7
41
-
-
0.10
0.11
0.23
0.28
0.08
-0 .1 8
0.16
-
-
-
-
-
36
37
38
39
40
41
42
-0 .0 4
0.13
-0 .1 4
43
0.22 -0 .0 4
0.08
-0 .2 4
44
45
0.02
0.02
0.00
0.09
0.03
-0 .0 9
0.11
0.32
0.20
0.28
0.03
0.07
0.07
-0 .0 5
-0 .0 9
0.27
0.28
0.25
0.12
46
0.12
0.09
0.09
0.20
0.25
0.30
0.19
47
0.11
0.20
0.01
0.01
0.15
0.13
0.21
0.20
0.31
0.22
48
0.10
0.10
0.08
0.09
0.12
0.17
49
0.08
0.13
0.13
0.36
0.10 -0 .0 9
0.05
0.10
-3 .5 2
1.66
0.69
1.36
-0.71
1.50
0.62
1.19
-
0.68
0.21
0.85
1.17
-0 .1 2
-
1.66 -3 .5 9
0.31
0.08
0.27
0.10 0.04
0.10 -0 .1 9
-0 .0 7
-
1.02
-0 .4 4
-1 .4 3
1.49
-0 .5 0
-1 .5 8
-
0.19
-0 .4 5
-0 .6 4
-1.31
0.01
-2 .3 6
-1.21
2.02 -0 .9 4
50
51
52
-0 .9 7
53
54
57
54
Previously published........................................................................
-0 .7 0
0.54
1.15
1.05
0.40
-0 .3 3
-1 .1 5
-2 .8 0
-0 .0 3
0.76
1.05
-0 .1 8
0.58
55
Nonresidential....................................................................................
-0 .9 3
0.23
0.62
0.83
0.87
0.76
-0 .0 9
-2 .0 4
0.28
0.84
0.85
0.89
1.03
56
Previously pub lish e d ...................................................................
-0 .9 4
0.14
0.63
0.69
0.86
0.73
-0 .0 9
-2 .0 8
0.07
0.80
0.78
0.72
1.20
0.22 -0.81 -1 .3 6 -0 .8 0
0.81
0.00 -0.31
0.88
1.03
0.62 - 0.10 -0 .2 5
57
S tru c tu re s ......................................................................................
-0 .5 6
0.10 - 0.01
- 0.10
0.03
0.04
0.20
0.39
0.21
-0 .7 0
-0 .4 9
0.05
0.31
0.45
0.70
0.63
0.34
0.04
0.27
0.46
0.24
-0 .8 5
-0 .5 0
0.07
0.29
0.35
0.89
0.82
0.28
0.03
0.37
58
0.44
0.56
0.51
0.19
-0 .4 2
-1 .2 9
0.70
0.62
0.41
0.30
0.28
0.12
0.23
-0 .3 0
-0.61
59
58
Previously p ub lish e d ..............................................................
-0 .5 8
59
E quipm ent......................................................................................
-0 .3 6
60
Previously published * ............................................................
* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.
-
0.19
0.06
0.24
55
56
60
30
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 2A. Contributions to Percent Change in Real Gross Domestic Product—Continues
Seasonally adjusted at annual rates
Line
2002
0.11
2003
2004
2005
2006
2007
2008
2009
2010
-0 .1 7
0.17
2011
2012
2007
I
Information processing e q u ip m e n t......................................
Previously published * .........................................................
-
0.20
0.19
0.25
0.01
0.23
0.04
0.05
III
IV
0.50
0.07
0.21
0.50
-0 .0 6
II
I
Line
II
-
0.01
61
62
63
Computers and peripheral e q u ip m e n t...........................
0.04
0.07
0.08
0.07
0.13
0.08
0.03
0.00
64
Previously p ub lish e d ......................................................
0.04
0.06
0.08
0.07
0.13
0.08
0.05
-0 .0 3
65
O the r.......................................................................................
-0 .1 5
0.13
0.13
0.10
0.12
0.15
-0 .0 3
-0 .1 7
66
Previously p u b lis h e d ......................................................
-0 .1 5
0.12
0.09
-0 .0 4
-0 .1 3
67
Industrial e qu ip m e nt................................................................
-0 .0 7
-0 .2 9
68
Previously pub lish e d ...........................................................
0.10
- 0.10
0.12
- 0.02
-0 .0 5
-0 .2 9
-
0.09
0.09
0.13
0.06
0.08
0.12
0.11
0.11
0.10
0.04
0.10
0.05
0.10 -0 .0 6
0.12 -0 .0 8
0.06 - 0.02
0.05 - 0.01
0.14
0.19
0.23
0.16
0.01
0.00 -0 .0 4
- 0.10
0.16
- 0.12
0.19
0.10
0.10
0.14
-0 .0 4
0.09
0.16
0.11
0.03
63
0.15
-0 .0 3
0.13
0.05
64
0.36
0.11
-0 .1 7
-0 .0 4
65
0.01
0.27
0.09
0.11
0.15
0.11
0.34
0.11
0.34
0.02 -0 .2 8
0.01 -0 .2 7
-0 .2 4
-0 .0 6
66
0.02 -0 .0 5
0.01 -0 .0 4
68
0.06
-
0.11
0.33
0.09
-0 .0 9
0.38
-
67
-0 .5 6
0.43
0.27
0.25
0.03
-0 .2 8
-0 .0 7
0.03
-0 .0 5
-0 .5 6
69
-0 .5 4
0.38
0.26
0.19
-
0.01
-0 .3 2
-0 .0 8
0.04
-0 .0 6
-0 .6 3
70
-0 .0 7
-0 .2 7
0.10
0.14
0.05
-
0.12
0.16
-0 .0 4
- 0.02
-0 .1 6
0.01
71
-0 .0 5
-0 .2 5
0.04
0.14
0.08
-0 .1 3
0.18
-
0.01
0.00 -0 .1 7
0.03
72
0.11
-0 .0 5
0.07
0.17
0.13
0.14
0.05
0.06
0.31
0.06
-0 .1 4
Previously pub lish e d ...........................................................
-0 .1 4
71
O ther equipm ent.......................................................................
72
Previously pub lish e d ...........................................................
73
Intellectual property pro du cts....................................................
74
Previously published * ............................................................
75
S o ftw a re .....................................................................................
0.11
0.12
0.17
0.10
0.11
0.07
0.10
0.10
0.08
Previously pub lish e d ...........................................................
0.00
0.00
0.16
76
77
Research and developm ent...................................................
-0 .0 4
- 0.01
0.01
0.08
0.09
0.09
0.05
0.03
0.04
0.01
0.04
0.01
0.01
- 0.01
- 0.02
0.03
0.02
0.02
-0 .3 0
Transportation e qu ip m e nt......................................................
-
0.16
0.02
0.06
0.12
0.05
0.10 - 0.01
- 0.01
0.16
- 0.01
0.14
-0.31
69
70
0.16
0.05
I
o
o
61
62
0.17
2008
0.17
0.24
73
74
0.07
0.00 - 0.02
0.01
0.05
0.07
0.10
0.12
0.10
0.10
0.16
0.02
0.07
0.10
0.21
0.03
0.18
0.01
0.06
0.09
0.19
0.01
76
0.00
0.04
- 0.01
0.24
0.05
0.06
77
-0 .0 4
0.04
0.05
0.03
75
78
78
Previously published * .........................................................
79
Entertainm ent, literary, and artistic o rig in als.....................
80
Previously published * .........................................................
81
R e sid e n tia l..........................................................................................
0.29
0.47
0.56
0.41
82
Previously pub lish e d ................................................................
0.24
0.40
0.52
83
C hange in private inventories.........................................................
0.53
0.02
84
Previously p u b lis h e d ........................................................................
0.48
0.06
85
F a rm .....................................................................................................
0.02
0.03
86
P reviously published....................................................................
- 0.02
87
N o n fa rm ..............................................................................................
0.55
88
0.01
-
0.02 - 0.01
0.05
0.01
0.00 -0 .0 3
-0 .5 0
-1 .1 3
-
1.12 -0 .7 3
-0 .0 7
0.01
0.32
-
1.01
-0 .8 4
-1 .2 6
-1 .5 3
-1 .31
-0 .6 7
81
0.36
-0 .4 6
-1 .0 5
-1 .0 5
-0 .7 3
-0 .0 9
-0 .0 3
0.27
-0.91
-0 .6 2
-1 .2 5
-1 .4 3
-1 .2 6
-0 .5 5
82
0.37
-0 .0 4
0.04
-0 .2 3
-0 .4 9
-0 .7 6
1.45
-0 .1 6
0.20
-0 .5 8
0.83
0.01
-0 .7 9
-1 .0 5
-0 .2 4
83
0.42
-0 .1 3
0.07
-0 .2 3
-0 .51
-0 .7 8
1.52
-0 .1 4
0.14
-0 .4 9
0.90
-0 .2 8
-0 .7 7
-
84
0.07
-0 .0 6
-0 .0 3
0.03
0.01
-
0.02 -0 .0 4
0.02 -0 .0 3
0.23
0.21
0.05
0.03
0.66 -0 .1 4
- 0.10
0.21
0.03
0.07
-0 .0 7
-0 .0 3
0.03
0.01
-
0.02 -0 .0 4
-0.31
0.08
0.06
-0 .1 7
0.32
86
0.01
0.30
0.02
0.07
-0 .2 6
-0 .5 0
-0 .7 4
1.04
-0 .0 5
-0 .8 2
-0 .9 5
-0 .4 4
87
0.10 -0 .2 6
-
-
0.01
0.00 -0 .0 3
-
0.02 - 0.02
79
an
-
-
1.49
0.02 -0 .0 6
0.25
0.22 -0 .8 2
-0 .1 8
-0 .1 7
0.20 -0 .7 4
-
85
Previously published....................................................................
0.50
0.03
0.35
-0 .0 6
-0 .5 2
-0 .7 6
1.56
1.21
-0 .3 6
-0 .8 3
-0 .4 9
-0 .4 6
88
89 Net exports of goods and serv ice s ...................................................
-0 .6 2
-0 .4 2
-0 .6 4
-0 .3 2
-0 .0 6
0.59
1.12
1.14
-0.51
0.10
0.10
-0 .4 5
0.53
1.53
2.21
-0 .0 7
2.05
89
90
Previously p u b lish e d .............................................................................
-0 .6 5
-0 .4 5
-
0.66 -0 .2 7
-0 .0 6
0.62
1.21
1.14
-0 .5 2
0.07
0.04
-0 .2 5
0.42
1.55
2.22
0.38
2.00
90
91
E x p o rts ...................................................................................................
-0 .1 8
0.15
0.85
0.59
0.90
0.96
0.67
-1 .1 0
1.28
0.89
0.48
0.64
0.78
1.58
1.26
0.58
1.42
91
92
Previously p u b lis h e d ........................................................................
-
0.20
0.15
0.90
0.67
0.93
1.03
0.73
-1 .1 4
1.29
0.87
0.47
0.71
0.76
1.72
1.32
0.65
1.56
92
93
G oods...................................................................................................
-0 .2 4
0.55
0.50
0.67
0.57
0.50
-
1.02
1.08
0.63
0.36
0.42
0.49
0.92
0.71
0.82
1.07
93
94
Previously published....................................................................
-0 .2 5
0.12
0.12
0.56
0.52
0.68
0.75
0.53
-1 .0 5
0.41
0.95
0.58
0.98
0.78
0.75
1.21
94
S e rv ic e s ..............................................................................................
0.06
0.03
0.31
0.09
0.23
0.38
0.17
-0 .0 8
1.11
0.20
0.65
95
0.27
0.12
0.22
0.30
0.66
0.55
-0 .2 4
0.35
95
96
Previously published....................................................................
0.05
0.03
0.34
0.15
0.25
0.28
0.20 - 0.10
0.18
0.22
0.06
-0 .2 4
0.17
0.74
0.54
-
0.10
0.35
96
97
Im ports.....................................................................................................
-0 .4 4
-0 .5 6
-1 .4 9
-0.91
-0 .9 6
-0 .3 7
0.45
2.24
-1 .7 9
-0 .7 9
-0 .3 8
-1 .0 9
-0 .2 6
-0 .0 5
0.95
-0 .6 5
0.63
97
98
Previously p u b lis h e d ........................................................................
-0 .4 6
-0 .6 0
-1 .5 5
-0 .9 5
-0 .9 8
-0 .4 0
0.47
2.28
-1.81
-0 .8 0
-0 .4 3
-0 .9 6
-0 .3 3
-0 .1 7
0.90
-0 .2 8
0.44
98
99
G oods...................................................................................................
-0 .41
-0 .5 4
-1 .2 6
-0 .8 3
-0 .7 8
-0 .2 5
0.53
2.15
-1 .7 2
-0 .7 0
-0 .3 0
-0 .9 2
-0 .1 5
0.05
0.81
-0 .3 5
0.51
99
100
101
102
Previously published....................................................................
-0 .4 2
-0 .5 6
-1 .2 9
-0 .8 7
-0.81
-0 .3 7
0.57
2.19
-1 .7 4
-0 .7 2
0.79
0.05
0.31
S e rv ic e s ..............................................................................................
-0 .0 4
-0 .0 3
-0 .2 3
-0 .0 7
-0 .1 7
-
-0 .0 7
-0 .0 9
0.14
-0 .3 0
0.13
-0 .0 4
-0 .0 4
-0 .2 6
-0 .0 7
-0 .1 8
0.12 -0 .0 8
- 0.10
0.08
Previously published....................................................................
-0 .0 4
0.09
-0 .0 7
-0 .0 8
1.12 -0 .2 3 -0 .0 5
-0 .0 7 -0 .1 7 - 0.10 - 0.10
- 0.12
0.16 - 0.10 - 0.12
0.11
-0 .3 3
0.13
100
101
102
-0.31
-
103 Governm ent consum ption expenditures and gross
in vestm en t..............................................................................................
0.81
0.42
0.31
0.12
0.29
0.30
0.54
0.64
0.02
-0 .6 8
-0 .2 0
-0 .1 6
0.66
0.56
0.31
0.32
0.62
103
104
Previously p u b lis h e d .............................................................................
0.84
0.42
0.26
0.06
0.26
0.25
0.50
0.74
0.14
-0 .6 7
-0 .3 4
-0 .0 9
0.64
0.67
0.23
0.58
0.34
104
105
F e d era l.....................................................................................................
0.46
0.46
0.33
0.13
0.18
0.12
0.50
0.44
0.37
-0 .2 3
-0 .1 2
-0 .3 9
0.46
0.55
0.16
0.47
0.56
105
106
Previously p ub lis h e d ........................................................................
0.44
0.43
0.28
0.09
0.15
0.09
0.50
0.46
0.37
-0 .2 3
-0 .1 8
-0 .3 4
0.48
0.64
0.08
0.66
0.35
106
107
National d e fe n s e ...............................................................................
0.28
0.36
0.27
0.09
0.09
0.27
0.18
-0 .1 3
-0 .1 7
-0 .3 7
0.39
0.43
0.03
0.31
0.38
107
Previously published....................................................................
0.28
0.36
0.26
0.07
0.07
0.11
0.11
0.36
108
0.36
0.31
0.17
-0 .1 5
-0 .1 7
-0 .3 5
0.38
0.47
0.38
0.27
108
109
Consumption expenditures.........................................................
0.17
0.26
0.18
0.04
0.04
0.06
0.25
0.25
0.16
-0 .0 6
-
0.11
-0 .3 4
0.41
0.25
0.09
109
110
111
112
Previously published................................................................
0.22
0.31
0.21
0.04
0.03
0.07
0.25
0.25
0.15
-0 .0 9
-0 .1 4
-0 .2 7
0.20
0.20
0.45
0.32
-0 .0 5
Gross investm ent..........................................................................
0.11
0.10
0.09
0.05
0.06
0.06
0.02
-0 .0 4
0.19
0.02
0.06
0.30
110
111
0.06
0.05
0.05
0.03
0.04
0.04
0.05
0.02 -0 .0 7
0.02 -0 .0 6
-0 .0 6
Previously p ublished................................................................
0.10
0.11
0.01
0.02
0.01
0.01
0.06
0.32
112
0.18
0.11
0.05
0.03
0.09
0.14
0.17
0.19
0.06
0.13
0.15
0.17
113
114
Previously published....................................................................
0.15
0.07
0.02
0.02
0.07
0.15
0.16
0.20 -0 .0 9
0.11
0.18
0.07
0.28
0.09
114
115
Consumption expenditures.........................................................
0.13
0.08
0.05
0.03
0.06
0.14
0.00
0.01
0.15 -0 .0 8
0.02
0.00 - 0.02 - 0.01
0.06
0.05 - 0.01 - 0.02 - 0.01
0.04
0.09
0.12
0.15
0.12 115
0.03
0.01
- 0.02
0.00
- 0.02
0.01
0.01
0.12
0.00
N ondefense.........................................................................................
0.02 -0 .0 8
0.05 - 0.01
- 0.01
0.01
0.17
113
116
Previously p ublished................................................................
0.13
0.06
0.03
117
Gross investm ent...........................................................................
0.05
0.03
0.01
118
Previously published................................................................
0.03
0.00
0.00
0.01
0.01
0.01
0.02
0.00
0.12
0.12
0.02
0.02
119
S tate and lo c a l.....................................................................................
0.35
-0 .0 5
-0 .0 2
0.00
0.11
0.18
0.04
120
121
122
Previously p ub lis h e d ........................................................................
0.40
-
0.27
-0 .0 6
Previously published....................................................................
0.32
-0 .0 3
0.02 -0 .0 3
0.01
0.06
0.04
0.00
0.11
Consumption e xpe nd itu re s............................................................
123
Gross in vestm en t..............................................................................
0.09
0.04
124
Previously published....................................................................
0.08
0.02 -0 .0 3 -0 .0 6
0.02 - 0.02 -0 .0 7
0.00
0.28
0.02
0.21
0.15 - 0.02
0.31
0.02 - 0.01
0.03
0.02 -0 .0 4
0.02
* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.
0.01
-
0.05
0.07
0.07
0.04
0.15
0.03
0.01
0.20
0.13
-0 .3 5
-
0.10
-0 .0 9
-
0.08
-0 .4 6
-0 .0 8
0.23
0.08
0.15
0.08
0.25
0.06
116
0.03
0.03
0.01
0.01
0.05
117
0.03
0.03
118
-0 .1 5
0.07
119
120
121
122
0.03
0.02 - 0.01
0.20
0.01
0.15
0.02
0.00
0.02
0.01
0.00
0.16
-0 .0 8
- 0.01
0.09
-
0.11
-0 .0 6
0.09
-0 .0 9
-0 .1 3
0.07
-0 .0 4
0.07
0.01
0.17
-0 .2 3
-0 .4 3
-0 .1 7
0.25
0.16
0.16
-0 .2 7
-0 .3 0
0.00
0.17
0.11
-0 .1 4
-0 .2 4
-0 .0 9
0.17
0.14
-0 .0 8
-0 .1 6
-0 .0 8
0.06
0.09
-0 .0 9
-0 .1 9
-0 .0 8
0.07
0.02
0.12 123
0.12 124
August 2013
Su r v ey
of
31
C u r r e n t B usin ess
Table 2A. Contributions to Percent Change in Real Gross Domestic Product—Continues
S easonally adjusted at annual rates
Line
2008
III
2010
2009
IV
I
II
III
IV
I
II
2012
2011
III
IV
I
II
IV
III
2013
I
II
III
IV
Line
I
Percent change at annual rate:
1
2
1
2
G ross dom estic p ro d u c t.............................................................
- 2 .0
-8 .3
-5 .4
-0 .4
1.3
3.9
1.6
3.9
2.8
2.8
-1 .3
3.2
1.4
4.9
3.7
1.2
2.8
0.1
1.1
Previously p ub lish e d ...................................................................
- 3 .7
-8 .9
-5 .3
-0 .3
1.4
4.0
2.3
2.2
2.6
2.4
0.1
2.5
1.3
4.1
2.0
1.3
3.1
0.4
1.8
3 Personal consum ption e xp e n d itu re s ..............................................
-2.11 -3 .0 8 -0 .8 3 -1 .1 3
1.73
0.05
1.42
2.21
1.87
2.86
1.42
1.03
1.42
1.65
1.98
1.28
1.15
1.13
1.54
3
4
Previously published............................................................................
-2 .6 7 -3 .5 3 -1 .0 6 -
1.50 -
0.01
1.72
1.81
1.75
2.84
2.22
0.70
1.18
1.45
1.72
1.06
1.12
1.28
1.83
4
5
G o o d s ......................................................................................................
-1 .7 7 -3 .0 0
0.11 -0 .5 9
1.57 -0 .21
0.88
1.14
0.85
1.66
0.60
0.05
0.29
1.14
1.04
0.50
0.84
0.85
0.85
5
6
Previously p ublished........................................................................
-1 .8 9 -3 .0 4
0.06 -0 .4 6
1.68 - 0.10
1.18
0.76
0.86
1.78
1.27 -
0.22
0.33
1.29
1.11
0.08
0.85
1.02
1.04
6
7
Durable g o o d s ..................................................................................
-0 .9 3 -2 .0 9
0.07 -0 .1 6
1.35 -0 .5 2
0.37
0.84
0.46
0.88
0.38 -0 .0 6
0.36
0.93
0.69
0.74
0.43
7
Previously p ub lish e d ...................................................................
0.11 -0 .1 4
1.43 -0 .4 7
0.40
0.74
0.52
1.07
0.53 -0 .1 7
0.40
1.00
0.85 -
0.66
1.00
0.58
8
9
M otor vehicles and p arts............................................................
1.01 - 2.12
-0 .4 7 - 1.01
0.21
0.02
0.59
8
0.24
0.04
0.93 -0 .9 2 -
0.10
0.39
0.17
0.46
0.09 -0 .4 3
0.04
0.56
0.26 -
0.11
0.19
0.33
0.13
9
10
11
12
Previously p u b lis h e d ..............................................................
-0 .5 3 -0 .9 8
0.25
0.03
0.96 -0 .8 9 - 0.11
0.34
0.20
0.55
0.14 -0 .5 3
0.05
0.63
0.31 -0 .2 6
0.25
0.53
0.23
10
11
12
Percentage points at annual rates:
13
14
15
-
1.21
0.12
0.22 - 0.10
Recreational goods and ve hicles............................................. -0 .1 5 -0 .4 7
0.08 - 0.10
Previously p u b lis h e d .............................................................. -0 .1 5 -0.51
0.10 - 0.11
O ther durable g o o d s ................................................................... -0 .0 6 -0 .2 5 -0 .0 3
0.02
Furnishings and durable household equipm ent...................
Previously p u b lis h e d ..............................................................
-0 .2 5 -0 .3 6 -0 .2 3 -
0.08
0.20
0.03
0.13
0.04
0.09
0.09
0.17
0.13
0.02
0.09
0.07
0.07
0.08
0.11
0.11
0.17
-0 .2 5 -0 .3 5 -
0.17
0.18
0.04
0.14
0.07
0.07
0.16
0.14 -
0.01
0.09
0.07
0.08
0.31
0.28
0.21
0.25
0.18
0.18
0.21
0.18
0.10
0.20
0.25
0.22
0.19
0.22
0.21
0.16
13
0.34
0.32
0.23
0.23
0.21
0.28
0.31
0.20
0.23
0.25
0.28
0.16
0.25
0.25
0.20
14
0.08
15
0.03
0.01
0.09
0.04 -0 .0 4
0.09
0.12
0.08
0.13
0.07
0.00
0.07
0.11
0.10
0.04
0.04
0.01
0.12 - 0.01
0.08
0.05
0.03
0.11
0.10
0.07
0.15
0.07
16
0.04 -0 .4 3
0.22
0.31
0.51
0.29
0.38
0.78
0.22
0.02 -0 .0 4
0.11 -0 .0 8 0.21
0.35
0.28
0.25
0.43
17
-0 .8 9 -0 .9 2 -0 .0 5 -0 .3 2
0.26
0.37
0.79
0.02
0.35
0.71
0.73 -0 .0 5 -0 .0 6
0.29
0.26
0.10
0.19
0.10
0.02
0.45
18
0.15
0.05
0.11
0.11
16
Previously p ub lish e d ..............................................................
17
Nondurable g o o d s ............................................................................
18
Previously pub lish e d ...................................................................
19
Food and beverages purchased for off-premises
consum ption..............................................................................
20
21
22
Previously p ub lish e d ..............................................................
-0 .2 5 -0.51
-
Clothing and foo tw e ar.................................................................
-0 .1 8 -0.31
23
Gasoline and other energy goods............................................
-0.41
24
Previously p ub lish e d ..............................................................
-0.41
25
O ther nondurable g o o d s ............................................................
26
Previously p ub lish e d ..............................................................
-0 .0 8 -0 .2 9 -0 .0 3
-0 .8 4 -0 .9 2
0.08
-0 .2 7 -0 .5 0 -0 .0 4
0.16
0.13
0.21
0.19 -0 .1 5
0.09
0.31
0.07
0.08 -0 .0 5 -
0.02
0.12
0.20
0.15
0.21
0.19 -
0.20
0.09
0.33
0.19
0.02
- 0.10 -0 .1 6
0.09
0.08
0.19
0.14
0.02
0.27
0.05
0.10 0.00
0.10 -0 .1 5
0.10 -0 .1 8
0.09
0.21
0.01
0.13
0.05
0.28
0.05
0.06 -0 .1 4
0.22
0.10
0.27 -0 .1 7 -0 .0 7 - 0.10
0.10
0.05 -0 .0 4 -0 .0 8 -0 .2 5 -
0.27
0.26 -0 .1 6 -0 .0 9 -0 .0 8
0.29 -0 .1 3 -
-0 .2 3 -0 .3 2 -
0.01
0.02 - 0.20
0.18 -0 .4 2 -0 .0 9
0.23
0.25
0.19
0.18
0.14
0.23
0.30
0.31
0.20
0.16
0.12 0.09
0.00 -0 .0 3 0.01
0.09
0.10 -0 .0 9 0.11
0.08
0.13 - 0.12 0.12
- 0.02 - 0.12 0.18 -0 .0 8
0.02 -0 .0 7 0.23 -0 .0 8
0.15
0.22 0.07 0.14
0.18
0.20 0.02 0.14
-
0.01
19
20
21
22
-0 .0 4
0.04
-0 .0 4
0.05
-0 .1 4
-0 .1 7
0.11
0.12
0.23
0.17
25
0.23
0.18
26
23
24
-0 .0 8 -0 .2 6
0.07
0.13
0.13
Previously p ub lish e d ..............................................................
0.00 -0 .3 6 -0 .0 9 -0 .1 8
0.10
0.14
0.10
0.21
0.22
27
S e rv ic e s .................................................................................................
-0 .3 5 -0 .0 8 -0 .9 4 -0 .5 4
0.15
0.26
0.54
1.07
1.02
1.20
0.81
0.98
1.14
0.51
0.94
0.78
0.31
0.29
0.69
27
28
Previously published........................................................................
1.12 -0 .7 5 -0 .1 8
0.09
0.54
1.05
0.88
1.06
0.95
0.92
0.85
0.16
0.61
0.99
0.26
0.27
0.80
28
29
Household consumption expenditures (for services)..............
0.10
0.53
1.00
1.14
1.27
0.84
0.94
0.84
0.66
0.87
0.52
0.25
0.13
1.04
29
30
Previously p u b lish e d ...................................................................
-0 .9 2 -0 .8 0 -0 .9 4 -0 .6 2 -0 .2 4 -0 .0 8
0.60
0.96
0.95
1.07
0.90
0.76
0.52
0.26
0.64
0.69
0.35
0.28
1.06
30
31
Housing and utilitie s....................................................................
-0 .1 4
0.44
0.09
0.11
0.10
0.26
0.18 -
0.02
0.27
0.28
0.06
0.17
0.32 -0 .1 3 -
0.12
0.55
0.16 -0 .3 5
0.58
31
32
Previously p u b lish e d ..............................................................
-0 .1 8
0.48
0.21
0.05
0.07
0.12
0.11
0.08
0.24
0.04 -0 .0 4
0.22
0.22 -0 .4 5 -0 .2 8
0.68
0.16 -0 .5 4
0.54
32
33
Health c a r e ...................................................................................
34
Previously p ub lish e d ..............................................................
35
Transportation se rvice s..............................................................
36
Previously p u b lish e d ..............................................................
0.18 -0 .1 4 - 0.11
0.41
0.20 -0 .0 9 - 0.20 0.35
-0 .1 8 -0 .3 3 -0 .2 8 -0 .1 5 - 0.11 -0 .0 8
0.01 0.04
- 0.20 -0 .3 3 -0 .2 7 -0 .1 4 - 0.11 -0 .0 7 - 0.02 0.05
-0 .1 3 -0 .1 3 - 0.10 - 0.10 -0 .0 5
0.07 0.08 -0 .0 6
37
Recreation s e rv ic e s ....................................................................
38
Previously p ub lish e d ..............................................................
39
Food services and a ccom m odations......................................
40
Previously p ub lish e d ..............................................................
0.03 -0.31
-0 .7 8 -0 .4 9 -
-0 .5 8 -0 .3 5 -0 .71
-0 .3 7
0.14
0.09
0.13
0.31
0.35
0.44
0.43
0.24
0.30 -0 .0 9
0.55
0.54
0.03
0.26
0.26
0.14
33
0.19
0.02
0.25
0.34
0.51
0.59
0.48
0.33 -
0.10
0.42
0.42 -0 .1 5
0.31
0.26
0.14
34
0.05
0.04
0.02
0.09
0.06
0.06
35
0.07
0.04
0.03
0.06
0.06
0.02 - 0.01
0.03
0.01
0.05
36
-0 .1 9 -0 .1 8 -0 .0 9 -
0.10 -0 .0 9
0.15
0.08 -0 .0 6
0.15
0.02 - 0.01
0.06 - 0.02 0.03
0.07 0.02 0.05
0.12
0.13 -0 .0 3
0.16
0.05
0.04
0.01
0.03 -0 .0 4
0.06
37
0.02 - 0.02
0.07
0.02 -0 .0 3
0.06
38
0.21 0.20 0.14 0.18 0.18
0.22 0.13 0.10 0.21 0.21
0.22 0.02 0.31 - 0.10 -0 .0 5
0.02 -0 .0 8 0.24 - 0.11 0.20
0.14 0.00 0.03 0.12 0.28
0.22 -0 .0 6 -0 .0 6 0.19 0.07
0.10
0.05
0.27
0.05
0.06
0.35
0.11
0.12
40
41
0.05
0.09 -0 .0 6
0.02
0.02
0.15
0.01 -0 .1 5
0.21
0.10
0.12
0.41 - 0.02
-0 .1 7 -0 .5 9 -0 .5 8 -0 .3 0 -0 .2 5 -0 .1 3
0.35
0.25 -0 .2 5 -0 .0 6
0.08
0.15
0.10
0.10
0.14
0.18
0.07 - 0.11 -0 .0 7 -0 .0 3
-0 .1 6 -0 .2 5 -0 .2 9 -0 .1 6 -0 .0 4 -0 .1 7 -0 .2 3 -0.31
41
Financial services and insurance.............................................
42
Previously p ub lish e d ..............................................................
43
O ther s e rv ic e s ..............................................................................
-0 .0 9
0.03 -
-0 .1 7 -0 .0 4 -
0.22 -0 .1 6 - 0.12
0.26
0.02 -0 .2 8 -0 .3 0 0.06
0.02 -0 .1 5 -0 .3 0 -0 .0 3
0.05
0.01
0.01
0.00
0.15
0.13
0.14
0.20
0.15
0.20
39
-0 .1 7 -0 .3 5 -
0.01
0.27
- 0.01 -0 .2 6
0.14
0.36
42
-0 .0 4
0.09
43
0.01
0.03
0.01 -0 .1 7
0.09 - 0.21
0.06
0.16 -0 .3 5
45
44
Previously p ub lish e d ..............................................................
-0 .1 8
45
Final consumption expenditures of nonprofit institutions
serving households.....................................................................
0.23
0.28 -0 .2 3 -0 .1 7
0.01
0.16
0.04
0.30 -0 .1 5
0.06
0.26
46
Previously pub lish e d ...................................................................
0.14
0.31 -0 .1 8 -0 .1 3
0.06
0.17 -0 .0 7
0.09 -0 .0 7 -
0.01
0.05
0.16
0.33 - 0.10 -
0.02
0.29 -0 .0 8 - 0.02 -0 .2 6
46
47
G ross output of nonprofit in stitutio ns......................................
0.24
0.23
0.05
0.07
0.10
0.02 -0 .0 8
0.32
0.18
0.17 -0 .0 6
0.00
0.26
0.39
0.09
0.31
0.09 - 0.22
47
48
Previously p ub lish e d ..............................................................
0.22
0.22
0.05
0.09
0.14
0.03 -0 .1 4
0.32
0.28
0.28
0.14
0.11
0.21
0.07
0.24
0.31
0.05
0.35 -
0.02 - 0.12
48
49
Less: Receipts from sales of goods and services by
nonprofit in stitutio ns................................................................
0.01 -0 .0 5
0.28
0.23
0.09 -0 .1 5 -0 .0 8
0.25
0.29
0.24 -
0.02
0.06 -0 .3 0
0.41
0.33 -0 .1 6
0.25 -0 .0 7
0.13
49
50
Previously p ub lish e d ..............................................................
0.08 -0 .0 9
0.24
0.22
0.09 -0 .1 4 -0 .0 8
0.23
0.35
0.29
0.09
0.05 -0 .2 6
0.34
0.33 -0 .2 4
0.43
0.00
0.15
50
-
44
51 G ross private dom estic in ve s tm e n t................................................
-1 .8 6 -5 .7 4 -7 .0 2 -3 .2 5 -0 .4 0
4.05
1.77
2.86
1.86 -0.51 -1.11
1.88
0.36
4.13
1.57 -0 .2 3
0.99 -0 .3 6
0.71
51
52
Previously published.............................................................................
-2 .6 3 -5 .5 9 -7 .0 2 -3 .5 2 -0 .1 4
3.85
2.13
1.65
1.87 -0 .7 5 -
0.68
1.40
0.68
3.72
0.78
0.09
0.85
0.17
0.96
52
53
Fixed in ve s tm e n t................................................................................
-2 .1 2 -4 .2 9 -4 .7 5 -2 .1 3 -0 .0 2 -0 .3 6
0.11
1.77 -0 .0 4
1.13 -0 .0 5
1.16
1.96
1.39
1.21
0.68
0.39
1.63 -0 .2 3
53
54
Previously published........................................................................
-1.91
0.10
1.58 - 0.10
0.87 -0 .1 4
1.39
1.75
1.19
1.18
0.56
0.12
1.69
0.39
54
55
Nonresidential....................................................................................
-1 .4 2 -3 .0 0 -3 .5 8 -1 .4 6 -0 .5 4 -0 .3 7
0.46
1.21
0.90
0.94 -0 .0 9
1.09
1.81
1.10
0.68
0.53
0.04
1.13 -0 .5 7
55
-4 .0 5 -4 .7 3 -2 .4 9 -0 .3 2 -0 .6 9 -
56
Previously pub lish e d ...................................................................
-1 .1 8 -2 .8 4 -3 .5 4 -
1.07
0.70
0.83 - 0.11
1.30
1.71
0.93
0.74
0.36 -0 .1 9
0.04
56
57
S tru c tu re s ......................................................................................
-
0.27 -0 .1 5
0.18 -0 .8 2
0.68
0.62
0.35
0.18
0.18
0.15
0.44 -0 .8 0
57
0.31 -0 .0 6
0.23 -0 .8 4
0.77
0.51
0.31
0.35
0.02
58
0.57
0.59
0.23
0.99
0.54
0.45
0.29 -
0.00
0.22
0.46 -0 .2 6
1.02
0.47
59
58
Previously p ub lish e d ..............................................................
59
Equipm ent......................................................................................
60
Previously published * ............................................................
* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.
1.86 -0 .7 3 -0 .5 7 0.20
0.10 -0 .3 5 - 1.10 -1 .0 3 -0 .8 4 -0 .9 8 -0 .7 3
-0 .1 4 -0.41
-1 .3 9 -1.31
-1 .1 8 -2 .5 0 -2 .2 5 -0 .6 0
-0 .9 8 -0 .9 8 -0 .7 0
0.25
0.36
1.25
0.83
1.28
0.09
60
32
August 2013
Initial Results of the 2013 Comprehensive NIPA Revision
Table 2A. Contributions to Percent Change in Real Gross Domestic Product—Table Ends
Seasonally adjusted at annual rates
Line
III
61
2010
2009
2008
IV
I
Information processing e q u ip m e n t...................................... -0 .3 6 -0 .7 4 -0 .2 3
2012
2011
II
III
IV
I
II
III
0.03
0.43
0.27
0.14
0.06
0.13
IV
I
II
0.19 -0 .1 5
0.14 -
III
IV
0.01
0.05
I
II
2013
III
IV
0.20 -0 .0 8
0.31 -0 .0 5
0.10 -0 .1 9
- 0.12 -0 .1 9
- 0.10 0.11
0.28 -0 .0 8
63
0.27 -0 .0 7
64
0.04
0.04
65
-0 .0 8
0.04
0.09
0.03
66
0.12
0.00
0.00
0.07 0.00
0.12 - 0.02
0.01 - 0.10
0.09 0.02
0.23 -
64
65
66
67
68
69
70
71
61
62
62
63
Line
I
0.20 0.03 0.10 0.12 0.25 0.03 -0 .0 3 -0 .0 9 -0 .0 3 -0 .0 9 0.14 0.03 0.06 0.11
0.05
0.00 0.13 -0 .0 4 0.01 -0 .0 4 0.05 0.01 0.21 0.06 0.06 0.07
Previously p u b lis h e d ...................................................... -0 .1 4 - 0.22 0.04
0.31
0.02 0.12 0.09 0.22 0.22 -0 .0 6 0.00 -0 .0 3 - 0.01 0.12
O th e r....................................................................................... - 0.20 -0 .5 3 -0 .2 6 -0 .0 7
0.04 0.11
0.04
0.16
0.31
0.11 -0 .1 3 -0 .0 4 -0 .0 7 0.02 0.10
Previously p ub lish e d ...................................................... -0 .1 8 -0 .4 9 - 0.20 -0 .0 4
0.22 0.04 0.14 0.22 0.00 0.33 0.23 -0 .1 9
Industrial e q u ip m e nt................................................................ - 0.10 -0 .2 5 -0 .6 7 -0 .2 3 - 0.11 -0 .0 6 -0 .0 9
0.11 0.18 0.01 0.38 0.25 -0 .1 8
Previously pub lish e d ........................................................... -0 .0 8 -0 .2 3 -0 .7 0 -0 .2 4 - 0.11 -0 .0 6 - 0.10 0.25 - 0.01
0.20 0.87 0.55 0.54 0.08 0.26 0.04 0.43 0.47 0.30
Transportation equ ip m e nt...................................................... -0 .6 9 -1 .0 4 -0 .9 6 - 0.02 0.09
0.11 0.21 0.73 0.44 0.49 0.08 0.26 0.13 0.40 0.32 0.22
Previously pub lish e d ........................................................... - 0.68 -0 .9 9 -0 .9 3 - 0.01
0.12 0.16 0.25 0.05 0.24 - 0.20 0.11
0.34 0.19
O ther equipm ent....................................................................... -0 .0 3 -0 .4 7 -0 .3 9 -0 .3 7 -0 .1 6 -0 .0 5
Com puters and peripheral e q u ip m e n t...........................
72
Previously pub lish e d ...........................................................
73
Intellectual property pro du cts....................................................
-0 .1 6 -
0.03 -0.41
0.16
0.04
0.16
0.29 -0 .2 5
0.19 -
0.22
0.08
0.06
0.04
0.13
0.27
0.09
0.30 -0 .1 7
0.14
0.09
0.10
0.12
0.25 -0 .0 7 -0 .0 8
0.22
0.19
0.14
0.18
0.20
0.05
0.07
0.11
-0 .3 6 -0 .3 9 -0 .1 4 -0 .0 3
-0 .1 4 -0 .1 5 -0 .2 3
-
0.23
0.21
67
68
69
70
0.07
0.24
71
0.10
0.21
0.25
72
0.14
73
74
74
75
S o ftw a re .....................................................................................
0.07
0.07
0.09
0.13
0.13
0.14
0.16
0.03
0.16
0.13
0.09
0.09
0.12
0.12
0.14
0.13
0.14
0.16
0.04
0.11
0.11
0.06
Previously pub lish e d ...........................................................
0.10 -0 .1 5 -0 .1 4
0.11 - 0.02 -0 .0 4
0.06
76
0.07
0.16
0.11
76
0.08 -
0.02
0.11
0.01 -0 .0 3
0.11
0.06
0.04
0.06
0.05
0.03
0.03 -0 .0 3
0.04
0.05 -
0.01
77
0.02 - 0.01
0.04
0.08
0.05
0.04 -0 .0 3 -
0.01
0.01
0.02 - 0.01
0.00
0.00
0.01
0.02
79
0.56 -0 .9 4
0.19
0.07
0.15
0.29
0.53
0.15
0.35
0.50
0.34
81
0.51 -0 .8 0
0.03 -0 .0 3
0.09
0.03
0.26
0.43
0.19
0.31
0.41
0.34
82
0.72 -1 .6 0
2.73
0.36 -0.91
0.60 -2 .0 0
0.93
83
2.53 -0 .3 9 -0 .4 6
77
0.02 -0 .0 9 -0 .0 4
0.02 -0 .0 9 - 0.02
Research and developm ent................................................... - 0.12 -0 .0 4 -0 .1 7
78
78
79
Entertainm ent, literary, and artistic o rig in als .....................
-0 .0 4 -
0.02 -0 .0 3
0.09
80
80
81
82
R e sid e n tia l.......................................................................................... -0 .71
-1 .2 9 -1 .1 7 -
Previously published..................................................................... -0 .7 3 -
0.66
1.21 -1 .1 8 -0 .6 3
0.01 -0 .3 5
0.40 - 0.12 -0 .3 0
0.52
0.26 -1 .4 5 -2 .2 6 -1 .1 2 -0 .3 8
83
Change in private inventories.........................................................
84
Previously p u b lis h e d ........................................................................
85
0.01 -0 .0 9
0.06 -0 .0 8 -0 .0 7 -0 .0 3 - 0.10
Previously published....................................................................
0.19 -1 .4 0 -2 .1 7 - 1.11 -0 .2 9
N o n fa rm ...............................................................................................
Previously published.................................................................... -0 .7 9 -1 .4 6 - 2.22 - 1.00 0.29
86
87
88
75
-0 .7 3 -1 .5 4 -2 .2 9 -1 .0 3
4.40
1.90 -1 .6 4 -1 .0 6
1.09
1.97 -1.61 -0 .5 4
2.23 0.07
0.01 -1 .0 7
0.10 -0 .0 6 -0 .0 9 - 0.11 0.02 0.11 - 0.02 0.08
0.14
0.01 - 0.10 -0 .1 9 0.03 0.11 -€.02 0.11
0.74 - 1.68
4.30
1.72
1.18 2.01 - 1.66 -1 .1 7
2.22 0.17 2.16 -1 .6 4 -0 .6 5 0.03 -1 .1 8
4.41
0.19
4.55
0.08 -0 .0 5 -0 .0 9 -
Fa rm ......................................................................................................
1.66
0.04
0.73 -1 .5 2
0.57
84
0.08 -0 .1 4 -0 .3 2
0.10
0.88
85
0.05 -0 .0 3 -0 .1 7 -0 .3 8
0.14
0.83
86
0.91 -2 .0 9
0.06
87
1.11 - 1.66 -0 .2 6
88
0.05
2.68
0.27 -0 .7 6
2.48 -0 .3 7 -0 .2 9
89 Net exports of goods and s ervices...................................................
0.88 -0 .0 8
2.25
2.40 -0 .5 3 -0 .0 5 -0 .9 6 -1 .7 7 -0 .8 8
1.32
0.01
0.53
0.10 -0 .6 0
0.44
0.10 -0 .0 3
0.68 -0 .2 8
89
90
Previously p ub lish e d .............................................................................
0.79 -
0.12
2.45
2.47 -0 .7 0 -0 .0 5 -0 .8 3 -1.81
-0 .9 5
1.24
0.03
0.54
0.02 -0 .6 4
0.06
0.23
0.38
0.33 -0 .0 9
90
91
E x p o rts ...................................................................................................
-0 .4 5 -2 .9 2 -3 .5 9
0.10
1.45
2.42
0.73
1.10
1.27
1.47
0.48
0.64
0.92
0.38
0.56
0.51
0.05
0.15 -0 .1 8
91
92
Previously p u b lis h e d ........................................................................
-0 .4 7 -2 .9 7 -3 .7 8
0.10
1.48
2.55
0.70
1.14
1.18
1.24
0.75
0.56
0.83
0.21
0.60
0.72
0.27 -0 .4 0 -0 .1 5
92
93
G oods...................................................................................................
-
1.41
1.99
0.85
0.93
0.70
1.07
0.38
0.34
0.53
0.72
0.17
0.48
0.16 -0 .2 8 -0 .2 7
93
94
Previously published....................................................................
0.22 -2 .7 3 -3 .1 3 -0 .1 8
- 0.22 -2 .7 5 -3 .2 9 -0 .1 7
1.46
2.14
0.79
0.97
0.76
0.96
0.52
0.35
0.59
0.58
0.39
0.67
95
S e rv ic e s ..............................................................................................
-0 .2 3 -0 .1 9 -0 .4 6
0.28
0.04
0.43 - 0.12
0.17
0.57
0.40
0.09
0.30
0.39 -0 .3 5
0.39
0.11 -0 .5 0 -0 .2 5
0.03 - 0.10 0.43 0.09
95
0.27
0.02
0.42 -0 .0 9
0.17
0.41
0.28
0.23
0.21
0.25 -0 .3 8
0.21
-0 .2 4 -
0.21 -0 .4 9
0.05
0.16
-0 .8 2 -0 .9 8 -0 .1 2 -0.41
-0 .0 8
-0 .8 5 -0 .5 4 -0 .4 9
0.11
0.12 -0 .3 5 -0 .0 5
0.10
0.10
94
96
96
Previously published....................................................................
97
Im ports.....................................................................................................
1.33
2.85
5.84
2.29 -1 .9 8 -2 .4 7 -1 .7 0 -2 .8 7 -2 .1 5 -0 .1 5 -0 .4 6 -0.11
98
Previously p ub lish e d ........................................................................
1.25
2.84
6.24
2.37 -2 .1 8 -2 .6 0 -1 .5 3 -2 .9 5 -2 .1 3 -
-0.81
99
G oods...................................................................................................
1.54
2.98
5.33
Previously published....................................................................
1.47
2.98
5.68
0.21 -0 .1 4
0.21 -0 .1 4
0.51
2.15 -1 .9 2 -2.41 - 1.68
2.22 - 2.12 -2 .5 5 -1 .4 6
0.14 -0 .0 6 -0 .0 6 - 0.02
-0 .5 0 -0 .9 3 -
100
101
102
0.56
0.15 -0 .0 6 -0 .0 5 -0 .0 6
103 Governm ent consum ption expenditures and gross
in vestm en t..............................................................................................
1.13
0.56
0.15
1.56
0.48 -0 .1 7 -0 .6 3
0.61 - o .o ; -0 .8 7 -1.61
0.0b
0.67 -1.31
-0 .8 2
103
104
Previously p u b lish e d .............................................................................
0.85
0.35
0.37
1.94
0.79
0.23 -0 .6 9
0.59 -0 .0 6 -0 .9 4 -1 .4 9 -0 .1 6 -0 .6 0 -0 .4 3 -0 .6 0 -0 .1 4
0.75 -1.41
-0 .9 3
104
105
F e d era l.....................................................................................................
0.91
0.56 -0 .2 4
1.09
0.47
0.02
0.32
0.71
0.32 -0 .2 3 -0 .9 4
0.16 -0 .2 9 -0 .2 5 -0 .2 0 -0 .0 2
0.69 -1 .1 9 -0 .6 8
105
106
Previously p u b lis h e d ........................................................................
0.84
0.69 -0 .2 3
1.04
0.51
0.34
0.04
0.78
0.31 -0 .3 5 -0 .8 9
0.23 -0 .3 6 -0 .3 5 -0 .3 4 - 0.02
0.71 -1 .2 3 -
107
National d e fe n s e ...............................................................................
0.85
0.29 -0 .4 5
0.87
0.46 -0 .0 7 -
0.11
0.07 - 0.22
0.01 -0 .0 5
0.08 - 0.10
0.34
0.41 -0 .1 9 -0 .8 3
0.36
S e rv ic e s ..............................................................................................
-
Previously published....................................................................
-
0.01 -0 .7 2 - 0.02
-2 .7 7 -1 .7 9 - 0.22 -0.61
0.10
-2 .9 2 -1 .7 9 -0 .1 5 -0 .7 3
0.10
- 0.10 -0 .3 6
0.14 - 0.21
0.07
-0 .0 3 -0 .3 4
0.15
0.01 - 0.12
108
Previously published....................................................................
0.85
0.44 -0 .3 7
0.83
0.42
109
C onsumption expenditures.........................................................
0.73
0.24 -0 .2 5
0.70
0.41
110
111
112
Previously pub lish e d ................................................................
0.69
0.37 -
0.21
0.62
0.37
0.25
0.31 -0 .2 9 -0 .5 6
Gross investm ent..........................................................................
0.12
0.05 -
0.20
0.18
0.06 -0 .0 8 -0 .0 6
0.11
0.04
Previously p ublished................................................................
0.15
0.07 -0 .1 6
0.09 -0 .0 5 -0 .2 8
N ondefense.........................................................................................
0.06
0.28
0.21
114
Previously published....................................................................
0.25
0.14
115
C onsumption expenditures.........................................................
0.01
0.02
0.24
0.20
Previously p ublished................................................................ -0 .0 3
0.23
0.15
0.21 0.04 - 0.01 - 0.12
0.21 0.01 0.09 0.43
0.21 0.09 0.27 0.26
0.20 -0 .0 6 0.04 0.34
0.04 0.22 0.19
0.23
0.14
113
116
-
0.40
0.40 -0 .3 5 -0 .8 4
0.23
0.37 -0 .2 5 -0 .4 7
0.06 -0 .3 6
0.37 -0 .0 9 -0 .0 4 0.38 -0 .0 9
0.11
0.00 -0 .0 5
0.11 -0 .0 5 -0 .1 3
0.29 -0 .0 9
0.01 -0 .0 7
0.09
0.02 0.01 0.02
0.09 0.00 - 0.01
0.01
0.28 -
-0 .4 3 -0 .9 0 -0 .2 9 -0 .4 2
97
0.73
0.06
98
0.50
0.03
99
0.57
0.19
100
101
102
0.00 -0 .0 6 -0 .0 3
0.03 -0 .1 3
0.05 -0 .2 5 -0 .0 7 -0 .0 7
0.17 - 0.12
-0 .3 2 -0 .0 5
-0 .3 8
0.18
0.53 -0 .1 0
-0 .2 5 -0 .5 2 -0.31
-0 .2 8
0.13 -0 .5 7 -0 .3 6 -0 .0 5
0.60 -
0.01 0.64
0.11 -0 .1 3 0.61
0.36 0.26 - 0.66 - 0.22 - 0.10 0.64
0.06 -0 .0 6
0.00 -0 .2 5 0.08 - 0.01
0.09 - 0.11
0.09
0.00
0.05 -0 .1 6
- 0.21 -0 .4 2
0.32
0.16 0.04 0.08
- 0.22 -0.51
0.08
0.25
0.05 - 0.01
0.68
106
1.22 -0 .5 7
107
0.45
0.15 -0 .6 0 -0 .3 9 -
-1 .2 8 -0 .6 3
108
0.31
0.19 -0 .5 8 -
-1 .1 4 -0 .3 8
109
-1 .2 7 -0 .3 9
110
111
-0 .0 8 -0 .1 8
0.00 -0 .2 4
0.03 - 0.11
112
0.04 -0 .0 6
114
0.05 -0 .0 5
115
-0 .1 7 -0 .3 9
0.38
0.18
0.03
-0 .1 8 -0 .4 7
0.28
0.08 -
0.01 0.09 0.03 - 0.02 116
0.00 0.00 - 0.02 -0 .0 5 117
0.00 - 0.02 0.02 -0 .0 4 118
Gross investm ent..........................................................................
0.04
118
Previously p ublished................................................................
0.02
0.04
0.01 0.01
0.02 - 0.01 - 0.02
119
S tate and lo c a l.....................................................................................
0.22
0.00
0.39
0.47
0.01 -0 .1 9 -0 .9 5 -0 .1 0 -0 .3 9 -0 .6 3 -0 .6 7 -0.41 -0 .2 3 -0 .0 5 -0 .0 8
120
121
122
Previously p u b lis h e d ........................................................................
0.01 -0 .3 4
0.60
0.90
0.28 -
-0 .2 4 -0 .0 8 -0 .2 6 -
Consumption e xp e n d itu re s ............................................................
0.19
0.19
0.39
0.29
0.04
Previously published....................................................................
0.02 - 0.10
0.63
0.74
0.31
123
Gross in vestm en t..............................................................................
0.03 -0 .1 9
0.00
0.18 -0 .0 3
124
Previously published....................................................................
0.01 -0 .2 4 -0 .0 3
0.17 -0 .0 3
0.12 - 0.01 0.01
-0 .1 7 -0 .0 8 -0 .0 5 - 0.10 0.02 - 0.12 -0 .0 6
0.04 -0 .1 4 - 0.11 -0 .1 6
-0 .0 6 - 0.01 -0 .1 8
-0 .0 8 - 0.01 - 0.21 - 0.01
0.01 -0 .0 5 -0 .1 9
* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.
-
0.07
0.06
0.09
0.05
0.08
0.02
0.02 -0 .0 3
0.08
117
0.04
113
-0 .0 4 -0 .0 3 -0 .0 6 -0 .0 4 -0 .0 4 -
0.12 -0 .7 3 -0 .1 9 -0 .3 7 -0 .5 9 -0 .6 0 -0 .3 9
0.07 - 0.68 -0 .3 5 -0.41 -0 .3 5 -0 .3 3 -0 .2 6
0.16 -0 .4 5 -0 .4 3 -0 .3 7 -0 .2 9 -0 .1 9 - 0.20
0.24
-0 .2 6 -0 .2 8
0.02 -0 .2 8 -0 .3 4 -0 .1 5
0.24
-0 .2 8 -0 .2 8
0.00 -0 .3 0 -0 .4 0 -0 .1 9
-0 .1 7 -0 .0 4
0.10
0.07 -0 .0 2 -0 .1 2 -0 .1 4
119
0.12
120
121
122
0.03
0.04 -0 .1 8 -0 .2 5
123
124
August 2013
Su r v ey
of
C u r r e n t B usin ess
Table 3A. Gross Domestic Product and Related Measures— Continues
[Billions of dollars]
Line
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Line
G ross dom estic p ro d u c t................................................
10,980.2
11,512.2
12,277.0
13,095.4
13,857.9
14,480.3
14,720.3
14,417.9
14,958.3
15,533.8
1
2 Personal consum ption e xp e n d itu re s .................................
7,385.3
7,764.4
8,257.8
8,790.3
9,297.5
9,744.4
10,005.5
9,842.9
10,201.9
10,711.8
2
1
3
G o o d s ........................................................................................
2,598.6
2,721.6
2,900.3
3,080.3
3,235.8
3,361.6
3,375.7
3,198.4
3,362.8
3,602.7
3
4
Durable g o o d s .....................................................................
985.4
1,017.5
1,079.8
1,127.2
1,156.1
1,184.6
1,102.3
1,023.3
1,070.7
1,129.9
4
5
M otor vehicles and p arts...............................................
401.3
401.5
409.3
410.0
395.0
400.6
339.6
317.1
342.0
368.7
5
6
Furnishings and durable household equipm ent......
225.9
235.2
254.3
271.3
283.6
283.5
268.7
244.3
250.4
260.1
6
7
Recreational goods and ve h icle s................................
244.8
259.2
284.1
305.0
324.1
335.8
329.3
303.8
312.7
321.1
7
8
O ther durable g o o d s ......................................................
113.4
121.7
132.1
141.0
153.5
164.8
164.6
158.2
165.6
179.9
8
9
Nondurable g o o d s ..............................................................
1,613.2
1,704.0
1,820.4
1,953.1
2,079.7
2,176.9
2,273.4
2,175.1
2,292.1
2,472.8
9
10
Food and beverages purchased for off-premises
consum ption.................................................................
575.1
599.6
632.6
668.2
700.3
737.3
772.9
770.0
788.9
833.0
11
12
C lothing and foo tw e ar....................................................
278.8
285.3
297.5
310.7
320.2
323.7
319.5
306.5
320.6
338.3
Gasoline and other energy goods...............................
167.9
196.4
232.7
283.8
319.7
345.5
389.1
284.5
333.4
408.9
10
11
12
13
O ther nondurable g o o d s ...............................................
591.4
622.7
657.6
690.4
739.6
770.4
791.9
814.2
849.2
892.6
13
14
S e rv ic e s ....................................................................................
4,786.7
5,042.8
5,357.5
5,710.1
6,061.7
6,382.9
6,629.8
6,644.5
6,839.1
7,109.1
14
4,588.4
4,837.3
5,151.1
5,499.8
5,822.5
6,134.1
6,347.7
6,368.5
6,563.7
6,831.2
15
15
Household consum ption expenditures (for services)
16
Housing and utilities.......................................................
1,333.6
1,394.1
1,469.1
1,583.6
1,682.4
1,758.2
1,839.1
1,881.0
1,909.0
1,960.9
16
17
Health c a r e .......................................................................
1,082.9
1,154.6
1,240.1
1,322.3
1,394.2
1,481.8
1,556.5
1,627.4
1,690.7
1,767.8
17
18
Transportation se rvices.................................................
258.2
265.5
276.6
289.4
302.1
312.2
311.7
289.7
292.9
308.2
18
19
Recreation s e rv ic e s .......................................................
271.4
289.2
312.1
328.9
351.9
375.8
384.5
376.0
385.1
399.7
19
20
21
22
Food services and a ccom m odations.........................
436.3
461.9
496.4
530.6
566.3
595.6
612.5
600.3
617.7
658.7
Financial services and in surance................................
562.6
588.5
635.3
689.6
724.2
768.5
771.5
719.0
763.2
801.1
O ther s e rv ic e s .................................................................
643.5
683.5
721.5
755.3
801.4
841.9
871.9
875.1
905.1
934.8
20
21
22
23
Final consum ption expenditures of nonprofit
institutions serving households...................................
198.3
205.5
206.4
210.3
239.2
248.8
282.1
276.0
275.4
277.9
23
24
G ross output of nonprofit in stitu tio n s.........................
737.1
774.6
819.0
868.5
932.2
983.1
1,040.9
1,072.6
1,105.9
1,141.6
24
25
Less: Receipts from sales of goods and services
by nonprofit in s titu tio n s .............................................
538.7
569.1
612.6
658.2
693.0
734.4
758.8
796.5
830.5
863.7
25
26 G ross private dom estic in v e s tm e n t...................................
1,925.0
2,027.9
2,276.7
2,527.1
2,680.6
2,643.7
2,424.8
1,878.1
2,100.8
2,232.1
26
27
Fixed in ve s tm e n t...................................................................
1,906.5
2,008.7
2,212.8
2,467.5
2,613.7
2,609.3
2,456.8
2,025.7
2,039.3
2,195.6
27
28
Nonresidential.......................................................................
1,348.9
1,371.7
1,463.1
1,611.5
1,776.3
1,920.6
1,941.0
1,633.4
1,658.2
1,809.9
28
29
S tru c tu re s .........................................................................
282.9
281.8
301.8
345.6
415.6
496.9
552.4
438.2
362.0
380.6
29
30
E quipm ent.........................................................................
659.6
669.0
719.2
790.7
856.1
885.8
825.1
644.3
731.8
832.7
30
31
Information processing equipm ent.........................
236.7
241.0
253.1
262.8
282.3
303.2
291.2
256.1
276.7
280.4
31
32
C omputers and peripheral equipm ent..............
79.7
78.3
81.5
80.0
86.4
87.7
83.8
76.8
81.3
76.8
32
33
O th e r.........................................................................
157.0
162.8
171.6
182.8
195.9
215.5
207.5
179.3
195.4
203.6
33
34
Industrial equipm ent..................................................
141.7
143.4
144.2
162.4
181.6
194.1
192.9
152.1
152.9
182.0
34
35
Transportation e q u ip m e n t........................................
141.6
134.1
159.2
179.6
194.3
188.8
146.2
70.6
127.5
171.8
35
36
O ther e q u ip m e n t........................................................
139.6
150.5
162.7
186.0
198.0
199.6
194.9
165.6
174.7
198.6
36
37
Intellectual property p ro d u c ts ......................................
406.4
420.9
442.1
475.1
504.6
537.9
563.4
550.9
564.3
596.6
37
38
S oftw a re ........................................................................
183.0
191.0
205.1
217.2
228.9
244.2
258.5
256.8
252.0
267.6
38
39
Research and d evelopm ent....................................
165.7
167.2
173.0
188.1
204.5
223.3
237.7
229.0
240.2
255.2
39
40
Entertainm ent, literary, and artistic o rig in a ls.......
57.6
62.7
64.1
69.8
71.2
70.4
67.2
65.1
72.2
73.8
40
41
R esid en tia l.............................................................................
557.6
636.9
749.7
856.1
837.4
688.7
515.9
392.2
381.1
385.8
41
42
C hange in private in ve n to rie s ...........................................
18.5
19.3
63.9
59.6
67.0
34.5
-3 2 .0
-1 4 7 .6
61.5
36.4
42
43
F a rm .......................................................................................
- 2 .5
0.1
8.8
0.2
-3 .6
-0 .7
1.6
1.6
-7 .3
-6 .4
43
44
N onfa rm ..................................................................................
21.0
19.2
55.1
59.4
70.5
35.2
-3 3 .6
-1 4 6 .0
68.9
42.8
44
45 Net exports of goods and s e rv ic e s .....................................
-4 2 5 .0
-5 0 0 .9
-6 1 4 .8
-7 1 5 .7
-7 6 2 .4
-7 0 9 .8
-7 1 3 .2
-3 9 2 .2
-5 1 8 .5
-5 6 8 .7
45
46
E x p o rts ......................................................................................
1,004.7
1,043.4
1,183.1
1,310.4
1,478.5
1,665.7
1,843.1
1,583.8
1,843.5
2,101.2
46
47
G o o d s.....................................................................................
712.6
740.8
832.8
925.3
1,048.1
1,165.3
1,297.6
1,064.7
1,278.4
1,473.6
47
-
48
S ervices.................................................................................
292.1
302.6
350.3
385.1
430.4
500.4
545.5
519.1
565.1
627.6
48
49
Im p o rts ......................................................................................
1,429.7
1,544.3
1,797.9
2,026.1
2,240.9
2,375.5
2,556.4
1,976.0
2,362.0
2,669.9
49
50
G o o d s .....................................................................................
1,198.1
1,294.5
1,508.9
1,716.2
1,896.5
2,000.3
2,146.4
1,587.3
1,951.2
2,234.6
50
51
S e rvices.................................................................................
231.6
249.8
289.0
309.9
344.5
375.3
410.0
388.7
410.8
435.3
51
34
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 3A. Gross Domestic Product and Related Measures—Continues
[Billions of dollars]
S easonally adjusted
at annual rates
2002
Line
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
I
52 G overnm ent consum ption expenditures and gross
in ve s tm e n t................................................................................
Line
2007
II
2,094.9
2,220.8
2,357.4
2,493.7
2,642.2
2,801.9
3,003.2
3,089.1
3,174.0
3,158.7
3,167.0
2,735.6
2,782.5
52
53
F e d e ra l........................................................................................
740.6
824.8
892.4
946.3
1,002.0
1,049.8
1,155.6
1,217.7
1,303.9
1,304.1
1,295.7
1,018.3
1,040.8
53
54
National d e fe n s e ..................................................................
456.8
519.9
570.2
608.3
642.4
678.7
754.1
788.3
832.8
835.8
817.1
654.5
672.6
54
55
Consumption expenditures............................................
358.1
408.9
446.8
475.9
500.3
526.1
582.8
613.3
653.2
662.8
652.0
508.2
519.1
55
56
56
G ross investm ent.............................................................
98.7
111.0
123.4
132.3
142.1
152.7
171.3
175.0
179.6
173.0
165.1
146.3
153.5
57
N ondefense...........................................................................
283.8
304.9
322.1
338.1
359.6
371.0
401.5
429.4
471.1
468.2
478.6
363.8
368.2
57
58
Consumption expenditures............................................
202.2
219.5
234.6
247.5
263.6
272.3
297.0
320.4
350.7
345.8
359.7
267.0
270.0
58
59
G ross investm ent.............................................................
81.5
85.4
87.6
90.5
96.0
98.8
104.4
109.0
120.4
122.4
118.9
96.8
98.1
59
60
State and lo c a l........................................................................
1,354.3
1,396.0
1,465.0
1,547.4
1,640.2
1,752.2
1,847.6
1,871.4
1,870.2
1,854.7
1,871.3
1,717.3
1,741.7
60
61
Consum ption e xpe nd itu re s...............................................
1,091.0
1,127.1
1,187.6
1,256.6
1,325.9
1,411.4
1,488.7
1,508.4
1,518.3
1,517.4
1,536.4
1,384.8
1,402.7
61
62
G ross in vestm en t.................................................................
263.3
268.9
277.5
290.8
314.3
340.8
358.8
363.0
351.9
337.2
334.9
332.5
339.0
62
Addenda:
63
Final sales of dom estic p ro d u c t............................................
10,961.7
11,493.0
12,213.2
13,035.8
13,790.9
14,445.9
14,752.3
14,565.5
14,896.7
15,497.4
16,178.5
14,214.8
14,377.4
63
64
G ross dom estic p urc h a s e s ....................................................
11,405.2
12,013.2
12,891.8
13,811.1
14,620.3
15,190.1
15,433.5
14,810.1
15,476.7
16,102.6
16,791.8
14,958.3
15,151.0
64
65
65
Final sales to dom estic p u rc h a s e rs .....................................
11,386.7
11,993.9
12,828.0
13,751.6
14,553.3
15,155.7
15,465.5
14,957.7
15,415.2
16,066.2
16,725.7
14,938.2
15,104.0
66
Gross dom estic p ro d u c t.....................................................
10,980.2
11,512.2
12,277.0
13,095.4
13,857.9
14,480.3
14,720.3
14,417.9
14,958.3
15,533.8
16,244.6
14,235.0
14,424.5
66
67
Plus: Income receipts from the rest of the w o rld ..............
315.8
356.1
451.4
575.8
724.2
875.5
856.8
643.7
720.0
802.8
818.6
803.0
869.0
67
68
Less: Income paym ents to the rest of the w o rld ..............
267.2
288.1
361.4
482.3
655.7
749.1
683.8
496.5
514.1
542.1
565.7
733.4
777.3
68
69
Equals: Gross national p ro d u c t.......................................
11,028.8
11,580.3
12,367.1
13,189.0
13,926.3
14,606.8
14,893.2
14,565.1
15,164.2
15,794.6
16,497.4
14,304.5
14,516.2
69
70
Net dom estic p ro d u ct...............................................................
9,318.1
9,785.0
10,445.3
11,113.5
11,721.9
12,216.0
12,356.9
12,049.6
12,576.7
13,081.3
13,701.7
12,007.5
12,170.8
70
71
G ross dom estic in c o m e ..........................................................
11,050.3
11,524.3
12,283.5
13,129.2
14,073.2
14,460.1
14,621.2
14,345.7
14,915.2
15,587.5
16,261.6
14,384.6
14,485.8
71
August 2013
Su r v e y
of
C u r r e n t B usin ess
Table 3A. Gross Domestic Product and Related Measures- -Continues
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2007
III
2008
IV
I
II
III
1
G ross dom estic p ro d u c t................................................
14,571.9
2
Personal consum ption e x p e n d itu re s .................................
9,790.2
9,902.5
9,967.1
3
G o o d s .........................................................................................
3,374.5
3,418.6
3,406.3
3,458.8
4
Durable g o o d s .....................................................................
1,190.2
1,190.1
1,152.3
1,139.8
14,690.0 14,672.9 14,817.1
Line
2009
IV
I
II
III
IV
14,672.5
1
9,851.3
9,763.3
9,764.9
9,887.4
9,956.2 10,042.3
2
3,450.3
3,187.5
3,137.0
3,148.4
3,244.9
3,263.5
3,304.9
3
1,101.9
1,015.1
1,012.0
1,004.8
1,045.8
1,030.7
1.040.2
4
14,844.3 14,546.7 14,381.2 14,342.1
10,090.4 10,113.2
14,384.4 14,564.1
5
M otor vehicles and p arts...............................................
401.2
399.5
376.5
354.9
334.7
292.4
300.7
305.2
342.4
319.9
321.3
5
6
Furnishings and durable household equipm ent......
283.2
280.8
274.8
276.5
268.7
254.9
247.4
243.4
242.6
243.8
247.8
6
7
Recreational goods and ve h icle s................................
338.6
341.6
334.5
340.4
331.8
310.6
307.7
298.5
302.2
306.7
309.1
7
8
O ther durable g o o d s ......................................................
167.2
168.1
166.5
168.0
166.7
157.2
156.2
157.6
158.6
160.3
161.9
8
9
N ondurable g o o d s ..............................................................
2,184.3
2,228.6
2,253.9
2,318.9
2,348.4
2,172.4
2,124.9
2,143.6
2,199.1
2,232.8
2,264.7
9
10
Food and beverages purchased for off-premises
consum ption.................................................................
740.5
751.5
757.9
776.5
783.7
773.4
768.9
767.4
768.0
775.5
785.4
10
11
Clothing and foo tw e ar....................................................
322.6
323.0
319.7
327.4
322.7
308.3
306.8
302.9
307.0
309.3
316.1
11
12
Gasoline and other energy goods..............................
348.0
375.6
395.5
420.8
442.4
297.9
249.4
262.4
304.8
321.3
328.5
12
13
O ther nondurable g o o d s ...............................................
773.2
778.5
780.9
794.2
799.6
792.9
799.7
811.0
819.3
826.7
834.7
13
14
S e rv ic e s ....................................................................................
6,415.7
6,483.9
6,560.9
6,631.6
6,662.9
6,663.8
6,626.3
6,616.5
6,642.5
6,692.7
6.737.4
14
15
Household consum ption expenditures (for services)
6,167.3
6,226.1
6,294.1
6,352.8
6,374.7
6,369.0
6,345.3
6,343.2
6,369.1
6,416.3
6,461.6
15
16
H ousing and utilities.......................................................
1,766.8
1,777.1
1,805.1
1,834.6
1,849.3
1,867.2
1,875.2
1,877.7
1,880.4
1,890.7
1.898.4
16
17
Health c a r e .......................................................................
1,491.9
1,513.6
1,537.7
1,549.5
1,562.9
1,575.9
1,599.1
1,622.0
1,639.4
1,649.0
1.654.5
17
18
Transportation se rvices.................................................
313.1
314.5
314.8
315.1
313.0
303.9
295.4
288.9
287.2
287.3
289.0
18
19
Recreation s e rv ic e s .......................................................
378.4
382.4
384.6
387.2
386.2
380.0
377.3
373.4
375.3
378.0
380.5
19
20
Food services and a ccom m odations.........................
598.9
608.8
607.0
614.7
616.1
612.0
604.2
599.2
597.6
600.4
607.1
20
21
Financial services and in surance................................
775.4
781.9
782.9
781.5
772.9
748.7
719.6
714.9
715.9
725.4
740.5
21
22
O ther s e rv ic e s .................................................................
842.8
847.8
862.0
870.2
874.3
881.3
874.6
866.9
873.4
885.6
891.5
22
23
Final consum ption expenditures of nonprofit
institutions serving households...................................
248.4
257.7
266.8
278.8
288.2
294.9
281.0
273.3
273.4
276.4
275.9
23
24
Gross output of nonprofit in stitutio ns.........................
986.5
1,003.1
1,020.7
1,034.8
1,049.5
1,058.6
1,061.5
1,067.5
1,077.6
1,083.7
1.085.4
24
25
Less: Receipts from sales of goods and services
by nonprofit in s titu tio n s .............................................
738.2
745.3
753.9
756.1
761.3
763.8
780.5
794.2
804.2
807.3
809.6
25
26 G ross private dom estic in ve s tm e n t...................................
2,658.2
2,610.6
2,527.0
2,493.3
2,435.9
2,243.1
1,972.1
1,825.9
1,786.4
1,928.0
1.989.5
26
27
Fixed in ve s tm e n t...................................................................
2,609.6
2,588.7
2,547.2
2,517.2
2,454.7
2,308.3
2,117.8
2,013.8
1,992.3
1,978.8
1.977.5
27
28
Nonresidential.......................................................................
1,937.9
1,972.3
1,981.6
1,978.7
1,947.3
1,856.2
1,712.3
1,637.5
1,600.3
1,583.6
1.594.4
28
29
S tru c tu re s .........................................................................
512.6
531.7
540.2
553.8
559.3
556.2
508.0
455.2
412.7
376.9
352.4
29
30
Equipm ent.........................................................................
887.6
890.4
878.9
856.9
822.4
742.4
659.0
634.4
639.1
644.8
682.7
30
31
Information processing equipm ent.........................
300.7
311.2
307.8
305.3
290.8
261.1
248.8
246.3
261.0
268.3
271.9
31
32
Com puters and peripheral equipm ent..............
86.1
89.9
90.4
89.7
82.2
72.8
72.2
73.7
76.7
84.5
84.8
32
33
O th e r.........................................................................
214.6
221.3
217.3
215.6
208.7
188.3
176.6
172.6
184.2
183.9
187.1
33
34
Industrial equipm ent...................................................
200.8
192.4
193.9
195.9
195.7
186.1
160.9
152.2
148.5
146.7
143.7
34
35
Transportation e q u ip m e n t........................................
185.4
185.6
182.3
162.3
139.0
101.0
68.6
69.1
71.0
73.5
101.5
35
36
O ther e qu ip m e n t........................................................
200.7
201.3
194.9
193.4
196.9
194.2
180.8
166.8
158.6
156.2
165.7
36
37
Intellectual property p ro d u c ts ......................................
537.6
550.2
562.5
568.0
565.5
557.6
545.3
548.0
548.5
561.9
559.2
37
38
S oftw are........................................................................
244.7
248.7
256.9
259.6
261.1
256.6
254.3
255.5
256.4
260.8
254.4
38
39
Research and d evelopm ent....................................
222.8
232.2
237.0
240.9
237.9
235.1
226.1
227.9
227.1
235.0
236.6
39
40
E ntertainm ent, literary, and artistic o rig in a ls .......
70.1
69.3
68.5
67.6
66.6
65.9
64.9
64.6
65.0
66.1
68.3
40
41
R esid en tia l............................................................................
671.7
616.4
565.5
538.4
507.4
452.1
405.5
376.3
392.0
395.2
383.1
41
42
Change in private in ven to ries..........................................
48.6
21.9
-20 .1
-2 3 .9
-1 8 .8
-65 .1
-1 4 5 .6
-1 8 7 .9
-2 0 5 .9
-5 0 .8
12.1
42
43
F a rm .......................................................................................
-2 .3
-
-6 .9
3.9
6.6
2.8
-0 .3
1.0
-5 .0
0.0
-1 .3
43
44
N onfa rm .................................................................................
51.0
0.8
22.8
-1 3 .3
-2 7 .8
-2 5 .4
-6 7 .9
-1 4 5 .3
-1 8 6 .9
-2 0 0 .9
-5 0 .8
13.3
44
45 Net exports of goods and s e rv ic e s .....................................
-7 0 0 .9
-6 8 8 .4
-7 4 5 .0
-7 4 9 .9
-7 6 0 .6
-5 9 7 .4
-3 8 9 .6
-3 3 5 .2
-4 0 2 .0
-442.1
-4 9 5.1
45
46
E xp o rts ......................................................................................
1,693.1
1,766.6
1,816.1
1,918.9
1,930.1
1,707.5
1,519.3
1,521.5
1,591.1
1,703.2
1.746.4
46
47
G o o d s .....................................................................................
1,181.8
1,228.0
1,279.1
1,363.8
1,374.7
1,172.9
1,012.1
1,010.6
1,073.6
1,162.5
1.205.4
47
48
S ervices.................................................................................
511.3
538.6
537.0
555.1
555.3
534.6
507.2
511.0
517.5
540.8
540.9
48
49
Im p o rts ......................................................................................
2,394.0
2,455.0
2,561.2
2,668.8
2,690.7
2,304.9
1,908.9
1,856.7
1,993.1
2,145.3
2.241.4
49
50
G o o d s .....................................................................................
2,011.7
2,072.2
2,161.9
2,261.9
2,270.2
1,891.6
1,521.6
1,474.9
1,604.9
1,747.9
1.842.3
50
51
S e rvices.................................................................................
382.3
382.8
399.3
406.9
420.5
413.3
387.3
381.8
388.2
397.5
399.1
51
-
36
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 3A. Gross Domestic Product and Related Measures—Continues
[Billions of dollars]
Seasonally adjusted at annual rates
2007
Line
2008
2010
2009
Line
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
2,824.3
2,865.3
2,923.8
2,983.4
3,055.9
3,049.7
3,035.4
3,086.5
3,112.5
3,122.0
3,135.7
3,181.5
3,194.7
3,184.2
1,063.9
1,076.1
1,110.7
1,140.5
1,180.0
1,191.2
1,182.2
1,214.6
1,233.2
1,240.7
1,269.2
1,304.6
1,321.6
1,320.1
53
National d efe nse ..................................................................
690.7
697.1
719.7
741.2
776.6
778.9
760.2
785.4
802.8
804.6
811.9
829.3
846.3
843.5
54
55
Consumption expenditures............................................
535.6
541.3
560.5
570.1
600.2
600.4
589.9
609.3
625.0
628.9
637.8
650.2
665.6
659.2
55
56
Gross investm ent..............................................................
155.0
155.8
159.3
171.1
176.4
178.5
170.4
176.1
177.8
175.7
174.2
179.1
180.7
184.2
56
57
N ondefense............................................................................
373.2
379.0
391.0
399.2
403.3
412.3
422.0
429.2
430.4
436.0
457.3
475.2
475.3
476.6
57
58
Consumption expenditures............................................
273.5
278.5
289.6
295.6
297.7
305.2
314.9
321.9
320.9
324.0
341.3
354.9
353.2
353.4
58
59
Gross investm ent..............................................................
99.6
100.5
101.4
103.7
105.6
107.1
107.1
107.3
109.5
112.0
115.9
120.4
122.2
123.2
59
III
52 G overnm ent consum ption expenditures and gross
in ve s tm e n t................................................................................
53
Fe d era l........................................................................................
54
52
60
State and lo c a l........................................................................
1,760.5
1,789.1
1,813.1
1,842.9
1,875.9
1,858.5
1,853.1
1,871.9
1,879.3
1,881.3
1,866.5
1,876.9
1,873.1
1,864.2
60
61
Consumption e xpe nd itu re s...............................................
1,417.9
1,440.1
1,462.4
1,485.0
1,512.2
1,495.5
1,487.9
1,503.4
1,515.2
1,527.0
1,521.2
1,521.0
1,515.4
1,515.6
61
62
Gross in vestm en t.................................................................
342.5
349.0
350.7
358.0
363.7
363.0
365.3
368.5
364.1
354.3
345.3
355.8
357.6
348.6
62
14,611.9 14,526.8 14,530.0 14,590.3 14,614.9 14,660.4 14,829.0 14,928.2 15,169.3
63
Addenda:
63
Final sales of dom estic p ro d u c t............................................
14,523.2
14,668.0 14,693.0 14,841.0 14,863.1
64
Gross dom estic p u rc h a s e s ....................................................
15,272.7
15,378.4 15,418.0 15,567.0 15,604.9 15,144.1
65
Final sales to dom estic p u rc h a s e rs .....................................
15,224.1
15,356.4 15,438.1
66
Gross dom estic p ro d u c t.....................................................
14,571.9
14,690.0 14,672.9 14,817.1
67
Plus: Income receipts from the rest of the w o rld ..............
911.6
918.6
906.0
899.4
876.1
745.5
628.9
616.3
640.5
689.0
696.5
711.9
720.5
751.2
67
68
Less: Income paym ents to the rest of the w o rld ..............
762.7
722.9
724.2
714.2
673.2
623.6
506.3
496.7
474.0
509.0
493.0
506.7
520.8
535.7
68
69
Equals: Gross national p ro d u c t.......................................
14,720.7
14,885.7 14,854.6 15,002.4 15,047.3 14,668.6 14,503.8 14,461.7 14,550.9 14,744.2 14,875.9 15,084.3 15,249.5 15,447.2
70
N et dom estic p ro d u ct...............................................................
12,295.4
12,390.1
71
Gross dom estic in c o m e ..........................................................
14,456.4
14,513.7 14,621.9 14,683.2 14,722.1
14,770.8 14,677.3 14,786.3 15,006.2 15,167.5 15,408.9 15,593.5 15,737.0
64
15,590.9 15,623.7 15,209.3 14,916.4 14,865.2 14,992.3 15,057.0 15,155.5 15,358.8 15,472.0 15,674.6
65
12,345.2 12,464.1
14,844.3 14,546.7 14,381.2 14,342.1
12,464.6 12,153.7 11,995.6 11,975.1
14,384.4 14,564.1
14,672.5 14,879.2 15,049.8 15,231.7
12,029.2 12,198.3 12,302.7 12,504.2 12,667.3 12,832.6
14,457.8 14,269.7 14,243.7 14,310.1
14,559.3
14,627.4 14,793.7 15,050.5 15,189.0
66
69
70
71
August 2013
S u r v e y o f C u r r e n t B u s in e s s
Table 3A. Gross Domestic Product and Related Measures—Continues
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
I
1
II
2013
2012
III
IV
I
II
III
IV
Line
I
G ross dom estic p ro d u c t.....................................................
15,242.9
15,461.9
15,611.8
15,818.7
16,041.6
16,160.4
16,356.0
16,420.3
16,535.3
1
2 Personal consum ption e xp en d itu res......................................
10,527.1
10,662.6
10,778.6
10,878.9
11,019.1
11,100.2
11,193.6
11,285.5
11,379.2
2
G o o d s .............................................................................................
3,532.2
3,588.2
3,622.3
3,668.2
3,729.3
3,738.4
3,784.9
3,826.1
3,851.8
Durable goods.......................................................
Motor vehicles and parts.......................................
Furnishings and durable household equipment........
Recreational goods and vehicles...........................
Other durable goods............................................
Nondurable goods..................................................
Food and beverages purchased for off-premises
consumption....................................................
Clothing and footwear..........................................
Gasoline and other energy goods..........................
Other nondurable goods.......................................
1,115.1
368.7
253.7
317.8
174.9
2,417.1
1,116.6
358.6
258.2
319.6
180.3
2,471.5
1,129.0
363.4
261.7
321.5
182.4
2,493.3
1,158.9
384.4
266.7
325.7
182.1
2,509.3
1,184.3
395.4
273.0
329.9
186.0
2,545.0
1,189.3
394.6
273.3
332.2
189.1
2,549.2
1,206.5
401.8
276.2
336.1
192.4
2,578.4
1,230.7
415.1
277.9
339.9
197.8
2,595.4
1,244.8
421.3
280.7
342.3
200.6
2,607.0
3
4
5
815.6
331.1
393.1
877.3
831.2
337.3
414.3
888.7
839.9
339.5
417.2
896.7
845.2
345.3
411.2
907.6
854.3
352.0
416.9
921.8
861.0
352.1
410.1
926.0
866.0
357.1
419.5
935.9
871.8
357.4
421.6
944.7
878.9
360.0
418.3
949.7
S e rv ic e s .........................................................................................
6,995.0
7,074.4
7,156.3
7,210.7
7,289.7
7,361.8
7,408.7
7,459.4
7,527.4
Household consumption expenditures (for services)....
Housing and utilities.............................................
Health care........................................................
Transportation services........................................
Recreation services.............................................
Food services and accommodations......................
Financial services and insurance...........................
Other services....................................................
Final consumption expenditures of nonprofit institutions
serving households..............................................
Gross output of nonprofit institutions......................
Less: Receipts from sales of goods and services by
nonprofit institutions.........................................
6,722.7
1,935.9
1,742.0
301.2
390.7
639.9
788.2
924.7
6,798.8
1,952.2
1,763.9
306.8
399.1
654.1
792.1
930.7
6,871.6
1,975.9
1,768.3
310.9
403.1
665.8
810.8
936.9
6,931.6
1,979.5
1,796.9
314.0
405.9
674.9
813.3
947.0
7,009.5
1,982.7
1,826.2
315.5
412.8
688.1
820.9
963.4
7,071.3
2,013.9
1,835.9
318.1
415.2
698.2
821.3
968.6
7,117.2
2,029.5
1,855.9
318.9
419.2
703.4
817.9
972.4
7,159.6
2,029.4
1,872.5
319.8
419.0
717.2
824.2
977.5
7,243.6
2,065.8
1,889.2
324.2
423.4
725.6
835.1
980.4
20
21
22
272.2
1,127.3
275.6
1,139.6
284.7
1,142.1
279.1
1,157.4
280.2
1,175.9
290.5
1,185.4
291.5
1,202.7
299.8
1,212.5
283.8
1,209.9
23
24
855.0
864.0
857.4
878.3
895.7
894.9
911.2
912.7
926.1
25
26
Gross private dom estic in v e s tm e n t........................................
2,120.4
2,199.9
2,222.2
2,385.7
2,453.6
2,454.0
2,493.3
2,499.9
2,555.1
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Fixed in vestm en t........................................................................
2,098.9
2,154.1
2,235.7
2,293.8
2,350.7
2,387.1
2,411.7
2,486.9
2,491.7
Nonresidential........................................................
Structures..........................................................
Equipment..........................................................
Information processing equipment......................
Computers and peripheral equipment..............
Other..........................................................
Industrial equipment.........................................
Transportation equipment.................................
Other equipment..............................................
Intellectual property products................................
Software.........................................................
Research and development...............................
Entertainment, literary, and artistic originals.........
Residential.............................................................
1,721.8
340.8
798.0
278.7
73.1
205.6
171.3
156.2
191.9
582.9
259.7
249.3
73.9
377.1
1,773.1
370.1
809.9
282.1
77.5
204.6
173.1
159.2
195.5
593.1
264.6
254.9
73.6
381.0
1,848.9
397.5
849.8
280.1
77.5
202.6
187.1
176.2
206.5
601.6
270.0
257.9
73.7
386.8
1,895.7
413.9
873.0
280.6
79.1
201.5
196.5
195.4
200.6
608.8
275.9
259.0
73.9
398.1
1,932.3
422.0
895.4
290.1
83.5
206.6
190.1
209.0
206.3
614.9
276.8
264.1
74.0
418.4
1,961.4
431.3
907.9
281.2
79.2
202.0
195.5
220.6
210.6
622.2
280.6
267.5
74.1
425.7
1,968.0
438.3
902.2
277.5
71.5
206.0
195.9
212.3
216.5
627.5
281.9
271.3
74.4
443.7
2,018.2
457.8
925.0
289.4
82.5
206.9
199.6
215.7
220.3
635.4
287.3
273.4
74.7
468.8
2,001.4
429.1
928.0
286.2
78.8
207.5
200.1
211.5
230.2
644.3
293.7
275.2
75.3
490.3
42
43
44
C hange in private in ve n to rie s ...............................................
21.5
45.8
-1 3 .5
91.9
102.9
66.8
81.6
13.0
63.4
Farm.....................................................................
Nonfarm................................................................
-7.9
29.4
-9.6
55.4
-4.6
-8.8
-3.3
95.2
-0.1
103.0
-7.4
74.3
-23.9
105.5
-15.6
28.6
38.9
24.5
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Net exports of goods and s e rv ic e s .........................................
-5 5 4 .7
-5 7 2 .2
-5 5 3 .7
-5 9 4 .4
-5 9 0 .8
-5 5 7 .9
-5 2 4 .4
-5 1 5 .8
-523.1
45
46
47
48
E xp o rts ...........................................................................................
2,029.5
2,095.5
2,143.4
2,136.2
2,173.4
2,197.4
2,199.2
2,213.7
2,214.2
Goods...................................................................
Services................................................................
1,423.1
606.3
1,469.3
626.2
1,497.0
646.4
1,505.0
631.2
1,520.7
652.7
1,539.5
657.9
1,545.6
653.6
1,538.3
675.5
1,531.6
682.6
46
47
48
49
50
51
Im p o rts ...........................................................................................
2,584.1
2,667.7
2,697.1
2,730.7
2,764.2
2,755.3
2,723.5
2,729.5
2,737.3
2,163.8
420.3
2,234.6
433.0
2,252.4
444.6
2,287.6
443.1
2,319.6
444.6
2,307.4
447.8
2,275.0
448.6
2,279.6
449.9
2,281.9
455.3
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Goods...................................................................
Services................................................................
6
7
8
9
10
11
12
13
14
15
16
17
18
19
49
50
51
38
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 3A. Gross Domestic Product and Related Measures—Table Ends
[Billions of dollars]
Seasonally adjusted at annual rates
2011
Line
I
II
2012
III
IV
3,171.7
3,164.6
3,148.5
3,159.7
1,315.4
1,308.5
1,294.9
1,291.8
844.2
669.4
174.8
471.2
348.0
123.2
851.6
678.7
173.0
456.9
334.7
122.2
825.6
653.3
172.3
469.3
349.4
119.9
816.3
652.9
163.4
475.5
356.4
119.0
816.7
649.6
167.1
477.1
357.9
119.3
1,856.1
1,853.6
1,867.9
1,5197
336.4
1,514.0
339.6
1,533.0
334.9
52
G overnm ent consum ption expenditures and gross
in ve s tm e n t....................................................................................
3,150.0
53
54
55
56
57
58
59
F e d e ra l...........................................................................................
1,297.4
National defense....................................................
Consumption expenditures...................................
Gross investment.................................................
Nondefense...........................................................
Consumption expenditures...................................
Gross investment.................................................
822.0
650.0
172.0
475.4
351.1
124.3
60
61
62
State and lo c a l............................................................................
1,852.6
1,856.3
Consumption expenditures......................................
Gross investment...................................................
1,515.0
337.7
1,521.1
335.2
I
II
2013
Line
III
IV
II
3,164.1
3,193.5
3,150.7
3,124.1
3,121.6
52
1,293.8
1,322.1
1,275.2
1,255.0
1,252.5
841.9
675.0
166.9
480.2
361.1
119.2
793.7
630.6
163.1
481.5
363.3
118.2
775.8
619.7
156.1
479.2
362.6
116.6
53
54
55
56
57
58
59
1,870.3
1,871.4
1,875.4
1,869.1
1,869.1
1,531.3
339.0
1,536.8
334.6
1,544.3
331.2
1,543.0
326.1
1,541.9
327.2
60
61
62
I
776.1
614.5
161.7
476.4
360.0
116.3
Addenda:
63
64
65
Final sales of domestic product...................................
Gross domestic purchases..........................................
Final sales to domestic purchasers..............................
15,221.4
15,797.6
15,776.1
15,416.2
16,034.1
15,988.4
15,625.3
16,165.5
16,179.0
15,726.8
16,413.1
16,321.2
15,938.7
16,632.4
16,529.5
16,093.6
16,718.3
16,651.4
16,274.4
16,880.4
16,798.8
16,407.3
16,936.1
16,923.1
16,471.9
17,058.4
16,995.0
16,554.7
17,171.9
17,093.2
63
64
65
66
67
68
Gross dom estic p ro d u c t.........................................................
15,242.9
15,461.9
15,611.8
15,818.7
16,041.6
16,160.4
16,356.0
16,420.3
16,535.3
16,633.4
Plus: Income receipts from the rest of the world.............
Less: Income payments to the rest of the world.............
772.5
524.2
804.5
554.2
822.3
550.1
812.0
539.7
818.0
570.0
814.4
555.7
812.0
564.4
829.8
572.8
813.3
575.9
Equals: Gross national p ro d u c t...........................................
15,491.2
15,712.1
15,884.0
16,091.0
16,289.6
16,419.2
16,603.7
16.677.3
16,772.7
Net domestic product..................................................
Gross domestic income..............................................
12,825.0
15,326.2
13,018.5
15,513.6
13,146.8
15,694.9
13,334.8
15,815.3
13,534.0
16,104.6
13,626.7
16,150.3
13,800.9
16,269.6
13.845.3
16,522.0
13,931.5
16,679.5
66
fi7
fiR
fiq
70
71
69
70
71
14,002.2
August 2013
S u r v e y o f C u r r e n t B u s in e s s
Table 3B. Real Gross Domestic Product and Related Measures—Continues
[Billions of chained (2009) dollars]
Line
1
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Line
Gross dom estic p ro d u c t...........................................
12,909.7
13,270.0
13,774.0
14,235.6
14,615.2
14,876.8
14,833.6
14,417.9
14,779.4
15,052.4
1
2 Personal consum ption expe nditures.............................
8,600.4
8,866.2
9,205.6
9,527.8
9,814.9
10,035.5
9,999.2
9,842.9
10,035.9
10,291.3
2
3
4
5
G o ods...............................................................................
2,770.2
2,904.5
3,051.9
3,177.2
3,292.5
3,381.8
3,297.8
3,198.4
3,308.7
3,419.9
Durable goods..............................................................
Furnishings and durable household equipment.....
7
Recreational goods and vehicles............................
8
Other durable goods................................................
9
Nondurable goods........................................................
917.6
394.6
226.8
181.6
131.1
1,998.5
992.9
405.5
248.3
209.3
142.8
2,063.7
1,046.9
400.0
264.8
237.6
153.3
2,132.3
1,091.5
385.1
278.3
268.8
164.4
2,202.2
1,141.7
392.8
280.4
299.0
172.2
2,239.3
1,083.2
340.8
267.7
308.7
166.5
2,214.7
1,023.3
317.1
244.3
303.8
158.2
2,175.1
1,085.7
323.4
261.5
336.8
164.9
2,223.5
1,157.1
339.4
276.0
370.5
173.7
2,266.0
3
4
5
6
856.6
383.3
211.7
160.7
119.9
1,931.1
10
Food and beverages purchased for off-premises
consumption..........................................................
Clothing and footwear..............................................
12
Gasoline and other energy goods...........................
13
Other nondurable goods..........................................
697.0
265.2
296.4
675.7
713.3
278.3
296.8
709.5
729.8
291.2
299.3
740.6
757.6
306.8
298.0
765.9
780.8
317.4
297.4
803.3
791.3
323.9
296.8
825.2
781.9
322.3
283.4
828.3
770.0
306.5
284.5
814.2
786.5
322.7
282.2
833.0
798.8
335.0
275.2
861.6
10
11
14
15
16
17
18
19
Motor vehicles and parts..........................................
6
7
8
9
11
12
13
14
15
16
17
18
19
S e rv ic e s ..........................................................................
5,840.0
5,965.6
6,154.1
6,349.4
6,519.8
6,650.4
6,700.6
6,644.5
6,727.2
6,871.1
Household consumption expenditures (for services)
20
Food services and accommodations.....................
21
22
Financial services and insurance...........................
5,649.9
1,653.8
1,355.6
320.8
327.3
541.7
641.7
810.7
5,761.7
1,676.0
1,392.5
322.9
338.4
561.6
643.1
830.1
5,946.7
1,717.9
1,442.3
331.5
355.8
584.2
668.7
848.4
6,143.4
1,788.4
1,490.4
334.7
364.7
605.1
704.1
856.6
6,285.0
1,823.2
1,525.2
335.5
377.4
624.7
720.1
879.4
6,409.2
1,840.8
1,563.2
339.0
392.1
632.6
742.5
898.7
6,427.1
1,860.1
1,598.8
321.3
389.0
626.1
737.4
894.3
6,368.5
1,881.0
1,627.4
289.7
376.0
600.3
719.0
875.1
6,448.9
1,904.3
1,649.2
287.1
381.0
609.6
733.9
883.8
6,592.0
1,928.4
1,693.3
294.3
388.8
634.0
756.0
896.7
194.2
896.0
206.3
914.4
210.3
938.4
209.9
961.7
236.6
999.1
242.9
1,022.2
273.6
1,055.2
276.0
1,072.6
278.3
1,086.0
278.9
1,100.0
23
24
Housing and utilities.................................................
Health ca re ...............................................................
Transportation services............................................
Recreation services.................................................
Other services..........................................................
23
Final consumption expenditures of nonprofit
institutions serving households...............................
24
25
Gross output of nonprofit institutions.....................
20
21
22
Less: Receipts from sales of goods and services
by nonprofit institutions.......................................
706.7
710.7
731.0
755.6
764.1
780.9
781.5
796.5
807.7
820.9
25
26 Gross private dom estic in ve stm e n t...............................
2,218.2
2,308.7
2,511.3
2,672.6
2,730.0
2,644.1
2,396.0
1,878.1
2,120.4
2,224.6
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Fixed in vestm ent...........................................................
2,201.1
2,289.5
2,443.9
2,611.0
2,662.5
2,609.6
2,432.6
2,025.7
2,056.2
2,184.6
1,498.0
432.5
658.0
169.9
1,526.1
415.8
679.0
185.8
1,605.4
414.1
731.2
204.5
1,717.4
421.2
801.6
222.2
1,839.6
451.5
870.8
250.9
1,948.4
509.0
898.3
279.9
1,934.4
540.2
836.1
281.0
1,633.4
438.2
644.3
256.1
1,673.8
366.3
746.7
281.4
1,800.5
374.1
841.7
287.9
135.0
171.6
167.2
167.9
425.9
176.9
190.5
60.3
682.7
147.3
172.2
154.8
179.3
442.2
189.0
189.1
64.8
744.5
160.7
169.1
176.5
192.4
464.9
207.9
191.0
65.8
818.9
172.6
183.6
197.9
210.9
495.0
221.2
202.3
71.3
872.6
187.5
199.1
212.6
219.6
517.5
230.3
215.0
72.1
806.6
207.9
205.3
203.6
217.0
542.4
244.2
227.9
70.3
654.8
204.2
195.5
156.9
206.5
558.8
256.2
235.5
67.1
497.7
179.3
152.1
70.6
165.6
550.9
256.8
229.0
65.1
392.2
196.8
151.3
136.9
179.8
561.3
254.2
234.4
72.7
382.4
204.3
175.0
181.0
201.8
586.1
269.8
241.8
74.6
384.3
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Change in private in ventories.....................................
22.5
22.6
71.4
64.3
71.6
35.5
-3 3 .7
-1 4 7 .6
58.2
33.6
Farm.............................................................................
-3.5
25.5
0.1
22.4
9.0
62.4
0.3
63.9
-4.2
75.4
-0.9
36.5
1.1
-35.0
-1.6
-146.0
-7.0
65.9
-4.5
39.7
Nonresidential..............................................................
Structures.................................................................
Equipment................................................................
Information processing equipment.....................
Computers and peripheral equipment............
O ther................................................................
Industrial equipment............................................
Transportation equipment...................................
Other equipment..................................................
Intellectual property products.................................
Software...............................................................
Research and development................................
Entertainment, literary, and artistic originals.....
Residential....................................................................
Nonfarm........................................................................
45 Net exports of goods and s e rv ic e s ................................
46 E xp orts............................................................................
Goods...........................................................................
47
Services........................................................................
48
49
50
51
-5 8 4 .9
-6 4 1 .6
-7 3 1 .9
-777.1
-7 8 6 .2
-7 0 3 .6
-5 4 6 .9
-3 9 2 .2
-4 6 2 .6
-4 4 5 .9
1,178.1
1,197.2
1,309.3
1,388.4
1,512.4
1,647.3
1,741.8
1,583.8
1,765.6
1,890.5
817.1
360.5
832.4
364.1
902.8
406.3
969.2
418.4
1,060.5
450.8
1,140.4
506.2
1,210.4
530.5
1,064.7
519.1
1,217.2
548.1
1,303.9
586.3
Im p o rts............................................................................
1,763.0
1,838.8
2,041.2
2,165.5
2,298.6
2,350.9
2,288.7
1,976.0
2,228.1
2,336.4
Goods...........................................................................
1,459.9
300.0
1,531.3
303.8
1,701.4
335.7
1,814.7
346.1
1,922.2
371.6
1,957.5
389.0
1,885.1
401.1
1,587.3
388.7
1,828.0
399.4
1,923.4
411.8
Services........................................................................
Noi e. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other
in the economy, the chained-dollar estimates should not be used to measure the component’s relative
ance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contribu-
tions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables,
42
43
44
45
46
47
48
49
50
51
40
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 3B. Real Gross Domestic Product and Related Measures— C o n tin u es
[Billions of chained (2009) dollars]
Seasonally adjusted
at annual rates
2002
Line
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Line
2007
I
II
52
G overnm ent consum ption expenditures and gross
inve s tm e n t................................................................................
2,705.8
2,764.3
2,808.2
2,826.2
2,869.3
2,914.4
2,994.8
3,089.1
3,091.4
2,992.3
2,963.1
2,882.7
2,907.0
52
53
54
55
56
57
58
59
F e d era l........................................................................................
910.8
973.0
1,017.1
1,034.8
1,060.9
1,078.7
1,152.3
1,217.7
1,270.7
1,237.9
1,220.3
1,054.5
1,071.2
National defense..................................................
Consumption expenditures.................................
Gross investment..............................................
Nondefense.........................................................
Consumption expenditures.................................
Gross investment..............................................
567.3
459.0
109.4
343.3
253.3
90.0
615.4
494.6
121.6
357.5
264.1
93.3
652.7
519.9
133.2
364.5
270.4
94.1
665.5
525.7
140.0
369.4
274.0
95.4
678.8
531.0
147.9
382.1
282.5
99.6
695.6
539.5
156.2
383.1
282.3
100.8
748.1
576.7
171.4
404.2
299.8
104.5
788.3
613.3
175.0
429.4
320.4
109.0
813.5
636.0
177.5
457.1
339.2
117.9
794.6
627.1
167.3
443.3
325.6
117.8
769.1
610.4
158.5
451.2
336.9
114.2
676.6
526.0
150.6
378.0
278.5
99.4
691.0
533.5
157.5
380.2
279.8
100.4
53
54
55
56
57
58
59
60 State and lo c a l........................................................................
61
Consumption expenditures.................................
62
Gross investment..............................................
63 Residual....................................................................
1,802.4
1,795.3
1,792.8
1,792.3
1,808.8
1,836.1
1,842.4
1,871.4
1,820.8
1,754.5
1,742.8
1,829.0
1,836.4
1,439.5
363.5
-118.1
1,430.3
365.8
-82.4
1,431.7
361.6
-46.5
1,440.0
352.3
-22.6
1,450.7
358.2
-18.0
1,474.1
362.1
-18.4
1,477.4
365.2
-19.4
1,508.4
363.0
-0.3
1,469.7
351.0
-6.4
1,426.8
327.3
-20.6
1,427.1
315.1
-34.1
1,470.1
358.9
-16.2
1,474.3
362.2
-17.1
60
61
62
63
Addenda:
64
65
66
Final sales of domestic product.................................
Gross domestic purchases.......................................
Final sales to domestic purchasers...........................
12,889.9 13,247.9 13,702.7 14,170.1 14,543.6 14,839.2 14,868.9 14,565.5 14,717.7 15,014.4 15,403.2 14,705.3 14,788.4
13,520.1 13,937.1 14,529.1 15,036.2 15,424.8 15,600.8 15,392.0 14,810.1 15,244.5 15,501.1 15,902.3 15,515.6 15,610.0
13,501.3 13,916.1 14,458.7 14,971.7 15,354.2 15,564.2 15,427.8 14,957.7 15,183.2 15,463.4 15,835.2 15,493.8 15,557.8
64
65
66
67
68
69
G ross dom estic p ro d u c t.....................................................
12,909.7
13,270.0
13,774.0
14,235.6
14,615.2
14,876.8
14,833.6
14,417.9
14,779.4
15,052.4
15,470.7
Plus: Income receipts from the rest of the world..........
Less: Income payments to the rest of the world..........
378.6
319.0
417.2
336.1
513.3
408.9
631.2
526.2
768.4
692.4
902.6
768.8
855.9
680.0
643.7
496.5
647.1
461.6
703.8
475.2
705.5
487.3
836.9
760.7
898.8
799.9
67
68
69
70
71
72
Equals: G ross national p ro d u c t.......................................
12,970.8
13,352.2
13,879.0
14,340.8
14,690.9
15,009.7
15,009.0
14,565.1
14,966.5
15,286.7
15,693.1
14,803.5
14,939.3
Net domestic product...............................................
Gross domestic income 1.........................................
11,008.9 11,310.5 11,745.9 12,129.1 12,424.6 12,604.9 12,496.1 12,049.6 12,396.6 12,639.8 13,015.8 12,484.1 12,578.1
12,992.1 13,283.9 13,781.3 14,272.3 14,842.3 14,856.1 14,733.8 14,345.7 14,736.7 15,104.3 15,487.0 14,882.9 14,904.7
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
N o te . Users are cautioned that particularly for components that exhibit rapid change in prices relative to other
prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative
14,728.1
14,841.5
70
71
72
importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contributions to percent changes in real gross domestic product, use table 2.
See "Explanatory Note” at the end of the tables.
August 2013
S u r v e y o f C u r r e n t B u s in e s s
Table 3B. Real Gross Domestic Product and Related Measures—Continues
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
2007
III
Gross domestic product....................................
1
2008
IV
I
II
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
IV
I
II
III
IV
14,941.5 14,996.1 14,895.4 14,969.2 14,895.1 14,574.6 14,372.1 14,356.9 14,402.5 14,540.2 14,597.7
2 Personal consumption expenditures......................... 10,060.1 10,074.5 10,054.1 10,073.0
3
Line
2009
III
9,993.7
9,876.2
9,843.6
9,801.5
9,862.7
9,863.9
9,915.4
1
2
Goods..................................................................
Durable goods....................................................
Motor vehicles and parts...................................
Furnishings and durable household equipment....
Recreational goods and vehicles........................
Other durable goods........................................
Nondurable goods...............................................
Food and beverages purchased for off-premises
consumption................................................
Clothing and footwear.......................................
Gasoline and other energy goods.......................
Other nondurable goods...................................
3,392.3
3,394.9
3,348.7
3,360.4
3,296.6
3,185.5
3,188.8
3,166.9
3,222.9
3,215.2
3.247.0
3
1,150.9
1,155.5
1,122.5
1,119.0
1,084.7
1,006.8
1,008.6
1,002.6
1,050.6
1,031.5
1.045.2
4
393.3
391.2
371.9
355.2
337.4
298.8
307.6
308.9
342.2
309.5
306.2
5
280.7
280.2
273.3
276.6
267.2
253.6
245.2
240.9
243.6
247.6
254.0
6
304.7
311.6
308.2
318.1
312.8
295.9
298.6
294.7
305.8
316.0
324.1
7
174.6
174.4
170.6
169.7
167.6
158.0
156.9
157.8
158.9
159.1
162.2
8
2,240.2
2,238.4
2,226.2
2,241.8
2,212.2
2,178.6
2,180.2
2,164.4
2,172.5
2,183.5
2,201.6
9
789.8
793.1
789.3
792.7
782.2
763.3
761.4
767.2
771.9
779.3
786.1
10
325.4
324.2
321.6
331.1
324.2
312.3
308.5
302.7
305.9
308.8
315.9
11
295.5
292.6
290.2
285.8
275.9
281.8
291.9
284.7
282.3
279.1
279.3
12
827.5
827.2
823.7
833.3
834.3
821.9
819.0
809.4
811.9
816.4
821.0
13
Services..............................................................
Household consumption expenditures (for services)
Housing and utilities.........................................
Health care.....................................................
Transportation services.....................................
Recreation services.........................................
Food services and accommodations..................
Financial services and insurance.......................
Other services................................................
Final consumption expenditures of nonprofit
institutions serving households..........................
Gross output of nonprofit institutions..................
Less: Receipts from sales of goods and services
by nonprofit institutions................................
6,664.3
6,676.3
6,703.6
6,710.6
6,696.6
6,691.7
6,655.3
6,634.7
6,639.5
6,648.5
6.668.3
14
6,425.0
6,424.8
6,444.8
6,441.3
6,418.7
6,403.7
6,376.2
6,361.8
6,366.3
6,369.6
6.389.2
15
1,845.4
1,840.0
1,854.6
1,860.2
1,854.7
1,870.8
1,874.0
1,878.0
1,881.4
1,890.6
1.897.2
16
1,570.4
1,576.8
1,593.7
1,596.8
1,600.1
1,604.8
1,616.0
1,628.6
1,634.9
1,630.0
1.626.0
17
338.9
336.4
332.1
326.5
319.6
306.9
296.5
291.1
287.0
284.2
284.6
18
394.6
394.4
393.2
392.5
387.7
382.5
379.0
375.3
373.6
376.1
379.1
19
631.9
637.4
629.0
632.4
626.3
616.7
605.8
599.9
598.2
597.5
603.1
20
747.0
744.6
742.3
738.3
738.9
730.2
723.8
719.0
719.2
713.8
721.5
21
896.2
894.7
899.7
894.5
891.2
891.6
881.0
869.9
872.0
877.5
878.0
22
241.1
252.6
259.5
269.5
277.8
287.6
278.9
272.9
273.2
279.0
279.2
23
1,022.8
1,032.1
1,043.4
1,050.4
1,059.4
1,067.7
1,069.0
1,071.2
1,074.8
1,075.3
1,072.6
24
783.4
780.5
784.5
781.0
781.3
779.4
789.9
798.3
801.6
796.4
793.5
25
26
Gross private domestic investment.........................
2,658.1
2,605.2
2,517.5
2,472.6
2,403.8
2,190.0
1,937.7
1,820.5
1,804.7
1,949.6
2.012.9
26
27
Fixed investment.................................................
Nonresidential....................................................
Structures......................................................
Equipment......................................................
Information processing equipment..................
Computers and peripheral equipment..........
Other......................................................
Industrial equipment.....................................
Transportation equipment.............................
Other equipment.........................................
Intellectual property products...........................
Software.....................................................
Research and development..........................
Entertainment, literary, and artistic originals....
Residential........................................................
Change in private inventories...............................
Farm................................................................
Nonfarm............................................................
Net exports of goods and services..........................
2,609.0
2,586.3
2,539.1
2,503.4
2,424.1
2,263.8
2,089.3
2,011.0
2,008.4
1,994.1
1.997.9
27
1,964.4
1,997.6
1,998.1
1,986.6
1,933.0
1,820.1
1,688.3
1,634.0
1,613.1
1,598.4
1,615.0
28
524.0
536.8
539.0
547.7
543.7
530.3
490.5
453.3
422.6
386.5
359.7
29
900.9
910.0
899.4
876.6
831.6
736.8
653.9
631.6
639.9
651.9
697.7
30
279.5
296.7
294.6
294.1
281.2
254.1
245.6
246.4
261.4
270.9
276.0
31
207.7
213.8
212.4
205.2
185.4
175.8
173.1
183.9
184.5
188.5
33
211.7
220.0
201.2
201.0
199.4
195.6
186.0
161.0
152.5
148.5
146.3
143.0
34
-6 9 1 .2
-6 1 1 .2
-6 1 1 .2
-5 3 9 .9
-5 1 2 .4
-5 2 4 .0
-4 4 7.1
-3 6 0.1
-3 8 0 .4
Exports................................................................
Goods...............................................................
Services............................................................
1,671.2
1,717.1
1,738.7
1,788.4
1,772.8
1,667.4
1,534.8
1,537.5
1,588.7
1,154.8
1,180.7
1,210.5
1,247.8
1,240.3
1,143.2
1,027.6
1,020.4
1,070.3
515.9
535.9
527.1
539.5
531.3
524.0
507.1
517.2
2,362.4
2,328.3
2,349.9
2,328.3
2,285.2
2,191.5
1,981.9
1,965.0
1,936.0
1,946.9
1,929.6
1,880.6
1,783.3
393.0
387.9
399.1
394.7
402.4
408.0
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
Imports................................................................
Goods...............................................................
Services............................................................
49
50
51
32
199.2
200.5
198.5
175.8
147.7
105.5
68.6
67.2
70.0
76.5
109.7
35
217.9
217.4
211.1
211.8
210.6
192.7
178.8
165.5
159.9
158.2
170.7
36
541.1
552.4
561.2
563.3
558.2
552.5
543.6
549.4
550.9
559.8
557.6
37
244.7
248.3
256.0
257.0
257.7
254.2
252.8
255.2
257.7
261.4
256.0
38
225.9
234.7
236.6
238.6
234.2
232.7
226.2
229.1
228.4
232.3
232.7
39
70.5
69.4
68.6
67.7
66.3
65.6
64.6
65.1
64.7
66.1
68.9
40
639.2
586.1
540.0
516.3
490.9
443.6
401.0
377.0
395.4
395.7
383.0
41
50.2
23.0
-2 0 .2
-2 6 .4
-2 0 .7
-6 7 .4
-1 4 4 .5
-190.1
-2 0 6.1
-4 9 .6
9.8
42
1.1
-4 .9
2.2
4.6
2.7
-0 .7
-4 .2
-0 .5
-3 .0
43
24.1
-1 5 .0
-2 8 .8
-2 5 .7
-7 0 .4
-1 4 4 .2
201.6
-4 8 .8
12.9
44
-3 8 1 .2
-4 1 3 .6
45
1,674.2
1,700.4
46
1,140.5
1,170.6
47
518.4
533.7
529.6
48
1,897.6
1,969.1
2,055.5
2.113.9
49
1,591.4
1,511.7
1,581.0
1,665.1
1.722.9
50
390.5
385.8
388.2
390.3
390.7
51
-
2.0
52.3
-
Users are cautioned that particularly for components that exhibit rapid change in prices relative to other
in the economy, the chained-dollar estimates should not be used to measure the component's relative
ance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contribu
e.
-
1.0
-1 8 9 .3
-
tions to percent changes in real gross domestic product, use table
See “Explanatory Note” at the end of the tables.
2.
42
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 3B. Real Gross Domestic Product and Related Measures— Continues
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
2007
Line
2008
2010
2009
Line
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
52
G overnm ent consum ption expenditures and gross
inve s tm e n t................................................................................
2,928.0
2,939.8
2,952.0
2,975.0
3,016.2
3,035.9
3,040.5
3,096.0
3,113.0
3,106.8
3,084.3
3,106.2
3,103.5
3,071.5
52
53
54
55
56
57
58
59
F e d era l........................................................................................
1,091.6
1,097.5
1,115.2
1,135.7
1,169.1
1,189.3
1,180.1
1,218.9
1,235.6
1,236.2
1,247.8
1,273.4
1,285.0
1,276.4
National defense..................................................
Consumption expenditures.................................
Gross investment..............................................
Nondefense.........................................................
Consumption expenditures.................................
Gross investment..............................................
706.9
548.8
158.2
384.7
283.2
101.5
708.0
549.6
158.4
389.6
287.7
101.9
719.7
559.1
160.6
395.5
293.4
102.1
733.6
562.1
171.6
402.1
298.3
103.8
788.4
612.1
176.3
430.4
323.1
107.4
804.9
626.6
178.3
430.7
320.8
109.8
802.3
627.0
175.3
433.9
322.1
111.9
798.6
625.3
173.2
449.2
334.2
115.0
811.0
633.7
177.3
462.4
344.1
118.3
825.9
647.1
178.8
459.1
340.1
119.0
818.6
637.9
180.7
457.7
338.4
119.4
53
54
55
56
57
58
59
60 State and lo c a l........................................................................
Consumption expenditures.................................
61
62
Gross investment..............................................
63 Residual....................................................................
1,836.7
1,842.5
1,836.9
1,839.3
1,474.4
362.4
-18.7
1,477.7
364.9
-22.1
1,473.7
363.2
-26.4
1,471.7
367.7
-24.1
764.5
588.6
175.9
404.5
299.2
105.3
774.5
597.0
177.5
414.8
308.1
106.7
757.5
587.4
170.1
422.6
315.7
106.9
1,847.1
1,846.6
1,860.4
1,877.1
1,877.4
1,870.6
1,836.5
1,832.8
1,818.5
1,795.2
1,478.6
368.6
-15.0
1,485.4
361.2
-11.8
1,499.3
361.2
-9.9
1,509.6
367.6
-1.2
1,511.0
366.5
5.2
1,513.6
356.9
5.5
1,489.6
346.7
0.0
1,477.2
355.6
-5.7
1,462.4
356.2
-7.7
1,449.6
345.5
-11.2
60
61
62
63
Addenda:
64
65
66
Final sales of domestic product................................. 14,888.9 14,974.4 14,915.3 14,998.7 14,914.1 14,647.6 14,524.4 14,547.2 14,605.2 14,585.2 14,584.3 14,686.3 14,718.3 14,881.8
Gross domestic purchases....................................... 15,653.1 15,624.4 15,526.1 15,522.3 15,415.6 15,103.9 14,820.6 14,717.9 14,781.8 14,920.4 15,011.5 15,215.4 15,348.5 15,402.5
Final sales to domestic purchasers........................... 15,601.4 15,603.7 15,546.7 15,552.4 15,435.3 15,176.9 14,972.8 14,908.1 14,984.4 14,965.5 14,998.4 15,164.0 15,228.0 15,342.3
67
68
69
Gross dom estic p ro d u c t.....................................................
70
71
72
Plus: Income receipts from the rest of the world...........
Less: Income payments to the rest of the world...........
Equals: G ross national p ro d u c t.......................................
14,941.5 14,996.1 14,895.4 14,969.2 14,895.1 14,574.6 14,372.1 14,356.9 14,402.5 14,540.2 14,597.7 14,738.0 14,839.3 14,942.4
938.1
781.0
936.8
733.4
914.5
727.3
898.1
709.5
866.0
662.4
745.0
621.0
631.8
508.2
618.6
498.5
640.0
473.8
684.4
505.6
628.6
444.9
641.6
456.3
647.3
467.4
670.9
478.0
15,097.5 15,198.6 15,081.9 15,157.3 15,098.7 14,698.1 14,495.3 14,476.8 14,568.8 14,719.5 14,782.7 14,925.1 15,020.5 15,137.8
Net domestic product............................................... 12,660.0 12,697.3 12,581.1 12,639.1 12,549.0 12,215.1 12,005.4 11,987.7 12,033.3 12,171.9 12,224.9 12,359.0 12,453.3 12,549.2
Gross domestic income 1......................................... 14,823.1 14,816.1 14,843.5 14,834.0 14,772.4 14,485.6 14,260.6 14,258.4 14,328.2 14,535.4 14,552.8 14,653.4 14,840.1 14,900.5
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
N o te . Users are cautioned that particularly for components that exhibit rapid change in prices relative to other
prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative
64
65
66
67
68
69
70
71
72
importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contributions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.
August 2013
S u r v e y o f C u r r e n t B u s in e s s
Table 3B. Real Gross Domestic Product and Related Measures—Continues
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
2011
Line
I
1
II
2012
III
IV
II
I
2013
IV
III
Line
I
Gross dom estic p ro d u c t................................................
14,894.0
15,011.3
15,062.1
15,242.1
15,381.6
15,427.7
15,534.0
15,539.6
15,583.9
1
2 Personal consum ption e xp e n d itu re s .................................
10,221.3
10,258.9
10,311.9
10,373.1
10,447.8
10,496.8
10,541.0
10,584.8
10,644.0
2
3
G o o d s ........................................................................................
3,402.8
3,404.6
3,415.2
3,457.0
3,495.8
3,514.7
3,546.7
3,579.2
3,611.9
3
4
Durable g o o d s .....................................................................
1,142.3
1,140.0
1,154.4
1,191.7
1,219.7
1,228.6
1,253.4
1,285.2
1,303.5
4
5
M otor vehicles and p arts...............................................
345.2
330.0
331.3
351.1
360.3
356.3
363.5
375.8
380.6
5
6
Furnishings and durable household equipm ent......
269.6
273.4
277.0
284.0
289.5
290.1
294.1
297.3
300.3
6
7
Recreational goods and ve h icle s................................
357.3
365.2
374.1
385.4
395.6
404.9
416.1
426.8
435.2
7
8
O ther durable g o o d s ......................................................
170.8
174.1
175.6
174.2
177.5
181.9
185.0
190.1
192.8
8
9
Nondurable g o o d s ..............................................................
2,262.6
2,266.5
2,263.8
2,271.0
2,283.6
2,293.9
2,303.0
2,306.7
2,322.2
9
10
Food and beverages purchased for off-premises
consum ption.................................................................
797.8
800.7
798.8
798.1
803.8
808.4
811.7
813.5
817.6
10
11
Clothing and foo tw e ar....................................................
334.0
338.0
332.2
335.7
339.7
336.3
340.5
339.0
340.5
11
12
G asoline and other energy goo ds ..............................
280.4
273.8
273.6
273.0
269.9
274.7
272.5
268.8
271.7
12
13
O ther nondurable g o o d s ...............................................
852.8
859.2
864.3
870.0
878.2
880.9
886.1
895.2
901.8
13
14
S e rv ic e s ....................................................................................
6,818.2
6,854.1
6,896.6
6,915.5
6,951.2
6,981.4
6,993.4
7,004.7
7,031.1
14
15
Household consum ption expenditures (for services)
6,544.5
6,578.8
6,610.1
6,634.7
6,668.0
6,688.3
6,698.0
6,703.2
6,743.2
15
16
H ousing and utilitie s.......................................................
1,918.9
1,925.1
1,937.3
1,932.4
1,927.8
1,949.2
1,955.5
1,941.9
1,964.5
16
17
Health c a r e .......................................................................
1,681.7
1,692.7
1,689.2
1,709.6
1,730.1
1,731.4
1,741.1
1,750.9
1,756.5
17
18
Transportation se rvice s..................................................
290.4
293.8
296.1
297.0
296.5
298.0
298.8
298.6
300.8
18
19
R ecreation s e rv ic e s .......................................................
383.1
388.7
391.3
392.1
394.0
394.4
395.4
393.7
396.1
19
20
Food services and a ccom m odations.........................
624.2
631.6
636.9
643.4
650.2
654.1
656.2
666.6
670.7
20
21
Financial services and insurance................................
750.7
751.4
762.8
759.0
757.2
751.1
738.1
737.7
747.6
21
22
O ther s e rv ic e s .................................................................
895.1
895.1
896.1
900.6
911.2
909.8
913.2
913.6
907.1
22
23
Final consum ption expenditures of nonprofit
institutions serving households...................................
273.5
275.1
286.6
280.5
283.0
293.4
295.8
302.3
287.6
23
24
G ross output of nonprofit in stitu tio n s .........................
1,094.8
1,098.7
1,098.4
1,108.0
1,122.7
1,126.2
1,138.1
1,141.4
1,132.7
24
25
Less: Receipts from sales of goods and services
by nonprofit in stitu tio n s.............................................
821.0
823.3
812.2
827.2
839.4
833.2
842.5
839.9
844.8
25
26 G ross private dom estic in v e s tm e n t...................................
2,124.3
2,196.1
2,209.9
2,368.2
2,427.8
2,418.0
2,456.5
2,441.8
2,470.1
26
27
Fixed in ve s tm e n t...................................................................
2,100.7
2,144.4
2,219.8
2,273.4
2,320.8
2,347.9
2,363.5
2,429.1
2,420.0
27
28
Nonresidential.......................................................................
1,724.1
1,765.3
1,835.0
1,877.3
1,903.8
1,925.0
1,926.4
1,971.9
1,949.0
28
29
S tru c tu re s .........................................................................
339.8
365.3
388.9
402.2
409.0
416.0
422.0
439.4
407.9
29
30
E quipm ent.........................................................................
810.6
819.2
858.0
879.1
896.9
908.5
899.5
918.8
922.5
30
31
Information processing equipm ent.........................
283.6
289.0
288.6
290.4
300.0
292.0
288.6
302.1
300.0
31
32
Com puters and peripheral equipm ent..............
33
O th e r.........................................................................
205.2
205.1
203.8
203.2
208.0
204.1
208.7
210.3
211.8
34
Industrial equipm ent...................................................
166.7
166.8
179.0
187.7
180.5
184.9
185.0
187.8
188.0
34
35
Transportation e q u ip m e n t........................................
166.0
167.7
185.5
204.6
217.0
229.1
218.8
219.4
215.1
35
32
33
36
O ther e qu ip m e n t........................................................
197.9
199.6
208.9
200.7
204.8
207.7
211.6
214.5
224.0
36
37
Intellectual property p ro d u c ts ......................................
575.2
582.0
589.6
597.6
599.6
602.3
606.4
614.9
620.6
37
38
S oftw a re ........................................................................
261.8
266.7
272.2
278.6
279.7
284.0
286.6
293.1
298.6
38
39
Research and developm ent....................................
239.0
241.2
242.9
244.1
245.3
244.1
245.7
247.6
247.4
39
40
E ntertainm ent, literary, and artistic o rig in a ls.......
74.4
74.1
74.6
75.2
74.8
74.7
74.6
74.9
75.7
40
41
Resid en tia l............................................................................
376.7
379.2
384.9
396.2
417.2
423.0
437.3
457.5
471.2
41
42
C hange in private inven to ries..........................................
22.0
42.9
-1 1 .0
80.6
89.2
56.8
77.2
7.3
42.2
42
43
F a rm .......................................................................................
-5 .5
-
6.1
-3 .9
-2 .5
-
0.8
-4 .9
-1 3 .6
-9 .6
16.0
43
44
N onfa rm .................................................................................
28.7
51.1
6.6
85.5
92.5
64.7
97.3
20.3
22.2
44
45 Net exports of goods and s e rv ic e s .....................................
-4 5 6 .5
-4 3 8 .3
-4 3 3 .9
-4 5 4 .7
-4 3 9 .2
-4 3 5 .3
-4 3 6 .5
-412.1
-4 2 2 .3
45
46
E xp o rts ......................................................................................
1,854.7
1,876.9
1,908.9
1,921.7
1,941.4
1,959.8
1,961.6
1,967.0
1,960.5
46
47
G o o d s .....................................................................................
1,280.0
1,291.6
1,309.8
1,334.3
1,340.2
1,357.3
1,362.8
1,352.6
1,342.8
47
-
48
S ervices .................................................................................
574.3
585.0
599.2
586.6
600.7
601.9
598.0
614.2
617.5
48
49
Im p o rts ......................................................................................
2,311.3
2,315.2
2,342.8
2,376.4
2,380.6
2,395.1
2,398.0
2,379.1
2,382.7
49
50
G o o d s .....................................................................................
1,909.8
1,906.5
1,923.1
1,954.4
1,958.6
1,970.7
1,972.7
1,955.1
1,954.0
50
51
S ervices..................................................................................
399.8
407.4
419.0
420.9
420.8
423.2
424.2
423.1
428.3
51
Not e. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other
in the economy, the chained-dollar estimates should not be used to measure the component’s relative
ance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contribu
tions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.
44
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 3B. Real Gross Domestic Product and Related Measures—Table Ends
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line
2012
2011
I
II
I
IV
2,963.5
2,988.8
2,938.8
2,907.4
2,904.4
52
1,218.5
1,244.6
1,198.9
1,172.8
1,168.3
770.7
613.2
157.2
448.3
334.0
114.3
768.8
608.4
160.2
449.7
335.2
114.5
791.8
631.7
159.8
452.8
338.3
114.4
745.0
588.1
156.8
453.9
340.2
113.7
723.1
573.4
149.5
449.8
338.1
111.6
722.2
567.9
154.3
446.2
334.9
111.2
53
54
55
56
57
58
59
1,745.0
1,742.2
1,745.0
1,744.3
1,739.8
1,734.3
1,735.7
1,420.1
324.5
-23.9
1,424.0
317.7
-25.4
1,425.2
319.2
-30.1
1,429.9
313.8
-34.6
1,429.5
309.6
-45.1
1,429.9
303.7
-38.0
1,431.6
303.4
-41.8
60
61
62
63
IV
3,002.4
2,983.2
2,971.7
2,961.3
1,247.0
1,236.4
1,226.7
1,219.1
787.8
620.7
167.0
453.7
333.8
120.0
800.8
631.7
169.0
446.2
327.7
118.5
805.6
638.7
166.6
430.8
313.6
117.3
784.2
617.4
166.7
442.5
327.3
115.2
1,770.5
1,755.5
1,746.9
1,437.5
332.7
-16.9
1,428.0
327.1
-16.0
1,421.6
324.9
-25.2
G overnm ent consum ption expenditures and gross
in ve s tm e n t................................................................................
3,012.0
53
54
55
56
57
58
59
F e d era l........................................................................................
1,241.6
National defense..................................................
Consumption expenditures.................................
Gross investment..............................................
Nondefense........................................................
Consumption expenditures.................................
Gross investment..............................................
60 State and lo c a l........................................................................
61
Consumption expenditures.................................
62
Gross investment..............................................
63 Residual....................................................................
II
I
Line
III
III
52
2013
II
Addenda:
64
65
66
Final sales of domestic product.................................
Gross domestic purchases.......................................
Final sales to domestic purchasers...........................
14,871.9
15,354.0
15,332.1
14,961.8
15,451.6
15,402.4
15,072.7
15,498.4
15,508.9
15,151.3
15,700.5
15,610.2
15,278.9
15,822.4
15,720.4
15,360.8
15,864.4
15,797.9
15,444.9
15,971.4
15,882.8
15,528.3
15,950.8
15,939.7
15,536.4
16,005.8
15,958.6
15,585.1
16,101.8
16,038.6
64
65
66
67
68
Gross dom estic p ro d u c t.....................................................
14,894.0
15,011.3
15,062.1
15,242.1
15,648.7
m
Plus: Income receipts from the rest of the world...........
Less: Income payments to the rest of the world...........
684.1
464.0
706.1
486.6
717.7
480.1
67
68
69
70
Equals: G ross national p ro d u c t.......................................
15,119.2
15,235.6
71
72
Net domestic product...............................................
Gross domestic income 1.........................................
12,494.5
14,975.4
12,603.6
15,061.5
13,151.9
71
72
15,381.6
15,427.7
15,534.0
15,539.6
15,583.9
707.1
469.9
708.0
493.2
703.6
479.9
698.9
485.5
711.5
490.7
695.2
491.9
15,306.4
15,485.7
15,600.2
15,656.2
15,751.1
15.764.8
15,789.7
12,645.6
15,142.2
12,815.4
15,238.8
12,943.6
15,441.9
12,978.2
15,418.0
13,073.6
15,451.9
13.067.9
15,636.0
13,099.9
15,719.8
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
N o te . Users are cautioned that particularly for components that exhibit rapid change in prices relative to other
prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative
70
importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contributions to percent changes in real gross domestic product, use table 2.
See “Explanatory Note” at the end of the tables.
August 2013
45
S u r v e y o f C u r r e n t B u s in e s s
Table 4. Price Indexes for Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Continues
Seasonally adjusted at annual rates
Line
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2007
I
II
2008
III
IV
I
Line
II
1
G ross dom estic product (G D P )................................................
1.5
2.0
2.7
3.2
3.1
2.7
1.9
0.8
1.2
2.0
1.7
4.5
2.3
1.3
1.7
2.3
1.8
1
2
3
4
5
6
Personal consum ption e xp e n d itu re s ...................................................
1.3
2.0
2.4
2.9
2.7
2.5
3.1
-0 .1
1.7
2.4
1.8
3.8
3.2
2.3
4.1
3.5
4.2
Goods.................................................................................
Durable goods.................................................................
Nondurable goods............................................................
Services.............................................................................
-0.9
-2.5
0.0
2.6
-0.1
-3.6
2.1
3.1
1.4
-1.9
3.5
3.0
2.0
-1.0
3.8
3.3
1.4
-1.6
3.1
3.4
1.1
-2.0
2.9
3.2
3.0
-1.9
5.6
3.1
-2.3
-1.7
-2.6
1.1
1.6
-1.4
3.1
1.7
3.6
-1.0
5.9
1.8
1.3
-1.2
2.4
2.2
2.9
-2.0
5.7
4.3
4.5
-1.8
8.1
2.6
0.9
-2.6
2.8
3.0
5.0
-1.6
8.7
3.6
4.1
-1.2
7.0
3.1
4.9
-3.0
9.0
3.9
2
3
4
5
6
7
8
9
10
11
12
13
14
G ross private dom estic in ve s tm e n t.....................................................
0.4
1.2
3.2
4.3
3.8
1.9
1.0
-1 .0
-0 .9
1.3
1.3
2.5
0.6
0.1
0.4
0.7
0.8
Fixed investment.................................................................
Nonresidential..................................................................
Structures....................................................................
Equipment....................................................................
Intellectual property products.........................................
Residential.......................................................................
Change in private inventories................................................
0.4
-0.4
4.2
-2.0
-1.0
2.5
1.3
-0.2
3.6
-1.7
-0.2
4.7
3.2
1.4
7.5
-0.2
-0.1
7.0
4.4
3.0
12.6
0.3
0.9
7.2
3.9
2.9
12.2
-0.3
1.6
5.8
1.9
2.1
6.1
0.3
1.7
1.3
1.0
1.8
4.8
0.1
1.7
-1.5
-1.0
-0.3
-2.2
1.3
-0.8
-3.5
-0.8
-0.9
-1.2
-2.0
0.5
-0.4
1.3
1.5
2.9
0.9
1.2
0.7
1.3
1.4
1.9
1.3
1.4
0.9
2.5
2.7
5.2
1.2
3.0
2.1
0.6
1.3
2.0
0.6
1.9
-1.1
0.1
0.1
3.6
-2.4
1.0
0.2
0.2
0.3
5.0
-2.9
1.0
0.4
0.8
1.7
4.6
-0.7
2.5
-1.5
0.9
1.7
3.6
0.0
2.5
-1.6
15
16
17
18
19
20
21
Net exports of goods and s e rv ic e s ......................................................
-0.5
-0.7
0.1
-1.1
-1.8
2.4
2.2
2.0
2.5
3.6
3.0
6.5
3.7
3.7
3.8
4.9
4.9
4.7
4.4
3.5
6.8
6.2
6.6
4.0
3.6
3.5
3.7
4.2
4.3
3.5
3.4
3.4
3.5
3.7
3.6
4.1
4.6 -5.5
4.9 -6.7
4.0 -2.8
10.5 -10.5
11.4 -12.2
6.0 -2.2
4.4
5.0
3.1
6.0
6.7
2.8
6.4
7.6
3.8
7.8
8.8
2.8
0.9
0.4
2.1
0.5
0.6
0.2
3.2
2.3
5.5
1.9
1.8
2.6
4.5
4.8
3.8
7.1
7.1
6.7
2.8
2.5
3.6
7.3
7.4
6.6
6.4
6.8
5.6
17.3
19.6
5.9
6.3
6.7
5.5
14.3
16.0
5.7
11.4
14.5
4.0
22.4
24.3
12.8
22
23
24
25
26
G overnm ent consum ption expenditures and gross investm ent
2.5
3.8
4.5
5.1
4.4
4.4
4.3
-0 .3
2.7
2.8
1.3
7.8
3.5
3.1
4.2
6.6
5.1
Federal...............................................................................
National defense...............................................................
Nondefense.....................................................................
State and local.....................................................................
3.3
3.4
3.0
2.1
4.3
4.9
3.2
3.5
3.5
3.4
3.6
5.1
4.2
4.6
3.6
5.6
3.3
3.5
2.8
5.0
3.0
3.1
2.9
5.2
3.0
3.3
2.6
5.1
-0.3
-0.8
0.7
-0.3
2.6
2.4
3.1
2.7
2.7
2.8
2.5
2.9
0.8
1.0
0.4
1.6
7.6
7.5
7.8
8.0
2.5
2.5
2.4
4.1
1.2
1.5
0.7
4.3
2.5
3.1
1.2
5.3
6.5
6.4
6.6
6.8
3.3
4.2
1.7
6.2
22
23
24
25
26
1.5
1.4
1.4
1.5
2.0
2.2
2.2
2.0
2.7
2.9
2.9
2.7
3.2
3.5
3.5
3.2
3.1
3.2
3.2
3.1
2.7
2.7
2.7
2.7
1.9
3.0
2.9
1.9
0.8
-0.2
-0.2
0.8
1.2
1.5
1.5
1.3
2.0
2.3
2.3
2.0
1.8
1.7
1.7
1.7
4.5
4.3
4.3
4.5
2.3
2.8
2.8
2.3
1.3
2.1
2.1
1.3
1.7
3.5
3.5
1.7
2.3
3.6
3.6
2.3
1.8
3.9
3.9
1.8
27
28
29
30
1.5
1.4
1.5
2.0
2.2
2.0
2.7
2.9
2.7
3.2
3.5
3.2
3.1
3.2
3.1
2.7
2.7
2.7
2.0
3.0
2.0
0.8
-0.3
0.8
1.2
1.5
1.3
2.0
2.3
2.0
1.7
1.6
1.7
4.5
4.3
4.6
2.2
2.7
2.2
1.4
2.1
1.4
1.8
3.6
1.8
2.3
3.6
2.3
2.0
4.0
2.0
31
32
33
Exports...............................................................................
Goods.............................................................................
Services..........................................................................
Imports...............................................................................
Goods.............................................................................
Services..........................................................................
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Addenda:
27
28
29
30
Final sales of domestic product..............................................
Gross domestic purchases....................................................
Final sales to domestic purchasers........................................
Gross national product (GNP)................................................
Im plicit price deflators:
31
32
33
GDP...............................................................................
Gross domestic purchases................................................
GNP...............................................................................
See “Explanatory Note” at the end of the tables.
46
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 4. Price Indexes for Gross Domestic Product and Related Measures: Percent Change From Preceding Period—Table Ends
Seasonally adjusted at annual rates
2008
Line
III
2010
2009
IV
I
II
III
IV
I
II
2011
III
IV
I
II
2012
III
IV
I
2013
II
III
IV
I
Line
II
1
Gross dom estic product (G D P )..................................................
2.8
0.8
1.0
-0 .6
0.0
1.2
1.3
1.9
1.8
2.1
1.6
2.6
2.5
0.5
2.0
1.8
2.3
1.1
1.3
0.7
1
2
3
4
5
6
Personal consum ption expen d itu re s ....................................................
4.1
-5 .6
-2 .2
1.8
2.5
2.8
1.4
0.5
1.2
2.1
3.0
3.7
2.3
1.3
2.3
1.1
1.7
1.6
1.1
0.0
2
3
4
5
6
7
8
9
10
11
12
13
14
G ross private dom estic investm en t.......................................................
15
16
17
18
19
20
21
Net exports of goods and s ervices........................................................
22
23
24
25
26
G overnm ent consum ption expenditures and gross investment
Goods.................................................................................
Durable goods..................................................................
Nondurable goods.............................................................
Services..............................................................................
Fixed investment..................................................................
Nonresidential..................................................................
Structures.....................................................................
Equipment....................................................................
Intellectual property products...........................................
Residential.......................................................................
Change in private inventories.................................................
Exports...............................................................................
Goods..............................................................................
Services..........................................................................
Imports................................................................................
Goods..............................................................................
Services..........................................................................
Federal................................................................................
National defense...............................................................
Nondefense......................................................................
State and local.....................................................................
6.9 -16.5 -6.6
4.3 5.2
-1.1 -2.9 -2.0 -0.5 -2.7
10.9 -22.2 -8.7 6.6 9.1
0.7 1.3
2.8 0.3 -0.1
-2 .7
-5 .5
2.9 2.9 -2.2
4.7 5.1 -2.1
7.3 8.3 -4.4
4.8 7.9 0.2
1.9 -1.5 -2.4
-3.5 -5.5 -3.2
2.0
5.6
-4.7
-4.6
-11.4
-1.2
-2.3
-5.1
-4 .7
3.3 1.1 -2.5 0.6 4.0 6.0
1.5 -1.6 -2.4 -2.5 -1.9 -0.8
4.2 2.4 -2.5
2.2 6.9 9.3
2.5 1.5 1.9 1.5 1.2 1.5
-0 .3
-0 .8
0.5
0.7
-3.7 0.1 -1.1
0.1 0.5
-3.9 -0.5 -1.5 0.9 0.6
-10.5 -0.8
1.5 2.1 2.1
-2.1 -3.8 -4.2 -0.2
1.0
-0.7 3.3 -0.3
1.4 -1.0
-2.8 3.0 0.6 -2.8 0.0
6.3 2.6 0.2 2.2 -1.2
1.3 0.7 -1.0 -3.3
1.4 -0.6 -2.2 -0.7 -1.2 -2.2 -2.1 -1.1 -2.0
8.6 4.1
1.3 3.5 -1.1
3.0 2.0 -0.9 -4.0
2.4 2.2 2.0 2.3 2.2 1.9 2.1 2.1
1.8
2.1
1.1
1.7
1.0
1.4
1.6
1.3
1.8
1.6
2.5
1.0
1.9
2.3
1.4
1.5
2.7
0.7
2.0
0.8
2.2
2.3
4.2
1.7
2.2
1.4
1.1 0.7 1.5
1.3 0.9 2.1
3.7 2.7 0.9
0.7
1.0 2.1
0.5 -0.6 2.7
0.1
0.1 -0.8
1.5
1.5
1.9
0.4
2.9
1.4
1.4 1.3 2.3 1.8
1.0 0.8 1.3 0.9
0.6 1.2 4.0 4.8
1.4 1.5 -0.3 -0.5
0.7 -0.6
1.9 0.2
3.4 4.0 6.3 5.7
6.0
5.8
6.5
11.4
12.5
5.6
-21.7
-26.6
-9.3
-36.3
-40.3
-11.7
4.2
-3 .4
-0 .6
1.2
2.0
4.8
3.0
2.0
2.9
3.6
4.1
1.7
2.1
2.2
1.8
5.5
-3.1
0.1 -2.1
^ .0 -0.9 -2.9
-1.3
1.8 -0.5
-3.6 -4.1
0.5
0.6
0.5
0.9
1.5
2.2
2.3
2.2
1.9
5.5
5.6
5.4
4.3
2.9
2.4
3.9
3.1
1.6
0.8
2.9
2.3
2.3
2.2
2.3
3.3
4.2
5.2
2.5
3.1
3.8
4.2
3.2
4.3
1.3 -1.0
1.2 -1.6
1.7 0.0
1.9 -0.1
1.5 0.8 0.2
2.4 1.2 0.4
0.0 0.2 -0.2
3.8 -0.1
0.4
2.9 0.4 1.1 -0.5
3.8 -3.6 -2.4 0.3
0.4
3.9 -3.9 -2.3
2.8 0.7 1.0 -0.6
0.1
1.3
1.4
0.0
1.2
2.2
2.3
1.2
1.3
1.8
1.7
1.8
1.8
1.0
0.9
1.8
1.8
1.3
1.3
1.8
2.0
2.3
2.2
2.1
1.7
2.8
2.9
1.6
2.7
3.5
3.6
2.7
2.5
2.0
2.0
2.4
0.5
0.9
0.9
0.5
2.0
2.3
2.3
2.0
1.7
1.0
1.0
1.7
2.3
1.4
1.4
2.3
2.8 0.6 1.0 -0.7 -0.1
3.8 -3.7 -2.4
0.2 1.2
2.8 0.6 1.0 -0.6 -0.1
1.2
2.2
1.2
1.4
1.9
1.9
1.8
0.9
1.7
1.8
1.3
1.8
2.1
2.3
2.1
1.6
2.8
1.6
2.6
3.5
2.6
2.5
2.1
2.5
0.5
0.9
0.5
2.0
2.2
2.0
1.8
1.0
1.8
2.1
1.2
2.1
-12.7 -0.1
4.9 6.5
-15.1
2.2 5.2 6.6
-7.6 -4.8 4.2 6.1
-29.7 6.5 14.5 13.0
-34.0 8.4 17.1 14.2
-8.1 -0.9 4.4 7.5
-2 .5
3.9 4.7 1.2 9.7 10.6 8.3 2.3
4.2 5.4 1.4 12.7 12.7 9.5 1.9
3.3 3.2 0.9 3.4 6.0 5.7 3.2
6.4 -1.8 -2.2
9.6 17.4 12.8 -0.4
7.5 -2.4 -2.9 10.4 20.4 14.6 -0.3
1.2 0.7 1.5 5.9 3.7 4.5 -0.7
0.7
^ .0
-5.2
-1.0
-0.8
-0.3
-3.2
2.9 0.6
2.4 -0.1
4.0 2.4
4.3 -3.7
4.8 -4.5
1.6 0.5
-0 .5
2.9
0.3
0.0
0.0
-0.1
-5.0
-5.9
-0.3
0.3
1.5
2.1
1.5 1.4
1.1
1.2
2.5 2.0
4.1 0.5
4.5 0.6
2.3 -0.1
1.8
-2.9
-4.1
0.0
-4.9
-5.7
-0.6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
0.6 2.4 0.7
0.8 2.8 0.7
0.1
1.8 0.9
1.9 -0.1 -0.3
22
23
24
25
26
1.1
1.6
1.5
1.1
1.4
1.2
1.2
1.3
0.8
0.3
0.3
27
28
29
30
1.4
1.9
1.4
1.7
1.5
1.7
0.7
0.3
31
32
33
1.4
0.9
0.1
Addenda:
27
28
29
30
Final sales of domestic product..............................................
Gross domestic purchases....................................................
Final sales to domestic purchasers.........................................
Gross national product (GNP)................................................
Im plicit price deflators:
31
32
33
GDP................................................................................
Gross domestic purchases.................................................
GNP................................................................................
See “Explanatory Note” at the end of the tables.
August 2013
47
S u r v e y o f C u r r e n t B u s in e s s
Table 4A. Price Indexes for Gross Domestic Product and Related Measures: Percent Change From Preceding Period— Continues
Seasonally adjusted at annual rates
2002
Line
1
2
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2007
I
II
2008
III
IV
Line
I
II
G ross dom estic product (G D P )............
1.5
2.0
2.7
3.2
3.1
2.7
1.9
0.8
1.2
2.0
1.7
4.5
2.3
1.3
1.7
2.3
1.8
Previously p ub lish e d ...............................
1.6
2.1
2.8
3.3
3.2
2.9
2.2
0.9
1.3
2.1
1.8
4.6
2.8
1.3
1.9
2.5
2.5
1
2
3 Personal consum ption e x p e n d itu re s ..............
1.3
2.0
2.4
2.9
2.7
2.5
3.1
-0 .1
1.7
2.4
1.8
3.8
3.2
2.3
4.1
3.5
4.2
3
4
Previously published............................................. ..................................
1.4
2.6
3.0
2.7
2.7
3.3
0.1
1.9
2.4
1.8
3.9
3.5
2.2
4.2
3.9
4.5
4
5
G o o d s.......................................................................
1.4
1.1
3.0
-2 .3
1.6
3.6
1.3
2.9
4.5
0.9
5.0
4.1
4.9
5
1.4
1.3
3.1
-2 .7
1.7
3.8
1.3
3.1
4.5
4.8
4.8
6
-3 .6
-1 .9
-
-
2.0
-1 .9
-1 .7
-1 .4
-
1.8
0.6
- 2.6
5.3
-2 .5
2.0
2.1
- 1.0
1.4
1.0
2.0
- 0.1
- 0.1
-
1.2
-3 .0
7
2.6
0.0
- 0.1
2.6
-3 .6
-1 .9
-
1.1
-
-
2.0
-1 .9
-1 .9
-1 .3
-0 .9
-1 .3
-1 .9
-1 .7
-2 .5
-1 .5
-1 .3
-2 .7
8
2.1
2.1
3.5
3.8
3.1
2.9
5.6
-
2.6
3.1
5.9
2.4
5.7
2.8
8.7
7.0
9.0
9
3.6
4.0
3.2
3.2
5.7
-3 .0
3.2
2.5
6.1
2.3
9.1
8.1
8.8
3.1
3.0
3.3
3.4
3.2
3.1
1.1
1.7
2.2
4.3
3.0
3.6
3.1
3.9
10
11
2.7
3.2
3.2
3.4
3.4
3.4
3.4
1.4
2.0
6.0
1.8
1.8
8.1
8.1
2.6
2.0
4.4
2.9
3.1
3.7
3.4
4.4
12
13 G ross private dom estic in ve s tm e n t................
0.4
1.2
3.2
4.3
3.8
1.9
1.0
- 1 .0
-0 .9
1.3
1.3
2.5
0.6
0.1
0.4
0.7
0.8
13
14
P reviously published.............................................
0.4
1.1
3.4
4.6
4.3
1.9
-1 .3
1.5
1.2
2.4
0.3
0.3
1.2
14
0.4
1.3
3.2
4.4
3.9
1.9
-
1.3
2.5
0.6
0.2
0.8
0.9
15
P reviously pub lish e d........................................
0.4
3.4
4.7
4.3
1.9
1.6
1.4
2.4
0.4
0.4
0.9
1.4
16
17
N onresidential....................................................
-0 .4
1.2
- 0.2
0.8
- 1.2
1.3
16
1.0
- 1.2
0.1
0.1
- 0.1
0.4
Fixed in v e s tm e n t...................................................
1.1
1.0
1.2
-
15
1.4
3.0
2.9
-0 .9
1.5
1.4
2.7
1.3
0.3
1.7
1.7
17
-0 .4
1.4
3.3
3.4
1.8
2.0
-0 .3
-0 .4
2.1
2.1
18
4.2
3.6
7.5
12.6
12.2
4.8
-
4.2
3.6
7.6
13.1
12.9
6.1
6.1
4.9
-2 .5
2.0
-1 .7
0.2
0.3
-0 .3
0.3
6
Previously pub lish e d........................................ ..................................
7
Durable g o o d s ...................................................
8
Previously p u b lish e d................................... ..................................
9
Nondurable g o o d s ............................................
10
11
12
Previously p ub lish e d ...................................
S e rv ic e s ..................................................................
-
-
Previously pub lish e d ........................................ ..................................
18
Previously pub lish e d................................... ..................................
19
S tru c tu re s ......................................................
20
21
22
E quipm ent......................................................
23
Intellectual property p ro d u c ts ...................
24
-0 .9
Previously p ub lish e d ............................... ..................................
Previously p u b lis h e d *............................
-
1.5
-
1.6
1.6
...........
-
1.0
Previously published * ............................ ..................................
-
0.2
-
0.1
..........
0.9
1.6
-
0.1
..........
1.7
1.7
...........
1.1
-
0.6
2.2
1.3
.........
-
1.0
-
1.2
1.7
1.5
2.3
1.0
2.9
1.9
5.2
4.7
3.4
5.0
0.9
1.3
2.0
1.8
0.6
...........
0.8
0.5
1.2
1.4
7.2
5.8
1.3
-1 .5
-3 .5
-0 .4
0.7
0.9
26
Previously p u b lish e d ...................................
2.5
4.8
7.3
7.2
6.1
1.4
-
1.2
-3 .4
-
0.2
0.9
0.9
...........
...........
3.7
-0.4
2.1
3.5
3.6
3.4
-0.7
2.0
3.7
3.5
3.5
3.6
3.1
3.3
3.8
6.8
3.7
3.3
4.6
3.7
3.6
4.9
3.5
4.8
6.2
6.2
3.0
4.9
6.6
30
Previously published........................................ ..................................
31
G o o d s ..................................................................
32
Previously pub lish e d ...................................
-0 .7
2.0
33
S ervices...............................................................
0.1
0.2
- 1.1
- 1.1
- 1.8
- 1.8
2.5
2.6
2.9
4.9
6.5
4.2
3.5
2.4
6.5
4.7
4.0
3.5
4.1
Im p o rts ....................................................................
36
Previously published........................................ ..................................
37
G o o d s .................................................................. ..................................
38
Previously pub lish e d................................... ..................................
1.9
2.2
5.0
4.6
3.6
19
3.3
4.8
5.2
3.9
-2 .4
-2 .9
-0 .7
..........
20
21
22
1.9
1.0
1.1
- 1.2
-
..........
1.0
4.4
3.6
0.0
2.5
..........
0.2
0.4
-1 .5
0.1
0.7
-
1.6
...........
2.5
23
..........
24
1.6
- 1.1
25
-
.........
.........
-0 .5
35
0.4
3.6
.........
2.2
E x p o rts .................................................................... ..................................
Previously p u b lish e d ................................... ..................................
2.1
2.2
-
0.1
- 0.1
..........
7.0
34
-
1.6
...........
3.0
..........
4.7
28 N et exports of goods and s e rv ic e s .................. ..................................
1.2
..........
2.5
29
-
1.2
- 1.1
- 2.0
Residential..........................................................
Change in private inven torie s............................ ..................................
2.0
-1 .5
-
25
27
-
3.4
4.4
6.4
0.9
3.2
28
2.8
3.5
4.5
2.6
5.8
7.8
10.7
30
2.3
4.8
2.5
6.8
6.7
14.5
31
4.6
2.2
6.1
8.9
13.3
32
3.8
3.6
5.6
5.5
4.0
33
4.2
3.7
5.1
5.4
4.7
34
1.9
7.1
7.3
17.3
14.3
22.4
35
2.6
1.8
2.6
2.6
2.8
6.6
6.8
17.0
16.8
21.0
36
7.1
7.4
19.6
16.0
24.3
37
6.5
6.9
19.3
19.2
22.7
38
6.7
5.9
5.7
39
40
41
-5 .5
3.3
4.7
-5.4
4.5
6.4
0.9
3.4
4.9
-6.7
5.0
7.6
0.4
3.4
5.0
- 6.8
5.1
7.6
0.4
2.8
3.5
4.0
-
2.8
3.1
3.8
2.1
5.5
3.3
4.1
-2 .3
3.4
3.8
2.0
5.1
4.2
3.7
10.5
-1 0 .5
7.8
0.5
4.1
3.5
7.8
4.3
3.6
10.6 - 10.6
11.4 - 12.2
11.6 -1 2 .4
6.0 - 2.2
5.8
- 2.0
6.0
6.0
6.7
8.8
0.6
0.6
6.8
2.8
2.6
8.9
0.7
2.8
6.3
11.4
4.5
4.6
6.4
26
27
29
Previously p ublished................................... ..................................
2.2
6.3
4.5
4.6
3.8
3.8
3.0
0.2
0.2
6.8
6.6
6.6
5.9
5.1
12.8
12.6
41 G overnm ent consum ption expenditures and gross investm ent
2.5
3.8
4.5
5.1
4.4
4.4
4.3
-0 .3
2.7
2.8
1.3
7.8
3.5
3.1
4.2
6.6
5.1
42
Previously published.............................................
2.6
4.2
4.3
5.8
4.8
4.8
4.9
-
0.6
2.4
3.3
8.4
4.6
2.9
4.7
7.9
6.6
42
43
F e d e ra l....................................................................
3.3
4.3
3.5
4.2
3.3
3.0
3.0
-0 .3
2.6
2.7
7.6
2.5
1.2
2.5
6.5
3.3
43
2.4
8.7
3.5
0.4
2.3
7.5
4.1
44
7.5
2.5
1.5
3.1
6.4
4.2
45
46
39
40
S ervice s ..............................................................
44
Previously p ublished........................................
3.7
4.2
4.7
4.9
4.1
3.5
3.2
-
45
National defense...............................................
3.4
4.9
3.4
4.6
3.5
3.1
3.3
-
0.2
0.8
2.4
2.8
2.8
46
Previously pub lish e d ...................................
3.8
4.7
4.7
5.4
4.4
3.7
3.6
-0 .7
2.3
3.0
1.8
0.8
1.6
1.0
1.8
8.4
4.1
0.9
3.1
7.5
5.3
47
N o n d e fe n se .......................................................
3.0
3.2
3.6
3.6
2.8
2.9
2.6
0.7
3.1
2.5
0.4
7.8
2.4
0.7
6.6
1.7
47
48
Previously p ub lish e d ...................................
3.6
3.5
4.9
3.9
3.5
3.2
2.3
0.9
2.4
2.2
9.3
2.3
- 0.6
7.6
1.5
48
49
State and lo cal.......................................................
5.1
5.6
5.0
5.2
5.1
-0 .3
2.7
2.9
8.0
4.1
4.3
5.3
4.2
4.0
6.3
5.3
5.5
5.9
-
0.8
2.4
3.7
8.3
5.3
4.4
6.2
6.8
8.2
6.2
8.1
49
Previously published........................................
2.1
2.1
3.5
50
1.2
1.6
2.0
1.2
0.8
2.7
3.2
3.1
2.7
1.9
0.8
1.2
1.3
1.7
2.3
1.8
51
3.2
2.9
2.2
0.9
1.3
1.8
1.8
2.3
3.3
2.0
2.1
4.5
2.8
4.7
1.3
1.9
2.6
2.5
52
2.9
3.5
3.2
2.7
3.0
-
0.2
1.5
2.3
1.7
4.3
2.8
2.8
2.1
3.5
3.6
3.9
53
2.9
3.2
1.6
2.5
1.7
4.5
3.2
3.7
4.1
4.5
54
1.5
2.3
1.7
4.3
2.8
2.0
2.1
3.5
3.6
3.9
55
1.6
2.5
1.7
4.5
3.2
2.0
3.7
4.2
4.5
56
1.3
2.0
2.1
1.7
4.5
2.3
1.3
1.7
2.3
1.8
57
1.8
4.7
2.8
1.3
1.9
2.5
2.5
58
1.7
4.5
2.2
1.4
1.8
2.3
2.0
59
4.7
2.8
1.3
1.9
2.4
2.7
60
4.3
2.7
3.6
3.6
4.0
61
50
Addenda:
53
Gross dom estic purchases................................. ..................................
1.4
2.0
2.1
2.2
54
Previously published........................................ ..................................
1.4
2.3
3.0
3.7
3.4
55
Final sales to dom estic purchasers.................. ..................................
1.4
2.2
2.9
3.5
3.2
2.7
2.9
56
Previously published........................................ ..................................
1.4
2.3
3.0
3.7
3.4
3.0
3.3
57
Gross national product (G N P )........................... ..................................
1.5
2.7
3.2
3.1
2.7
1.9
Previously pub lish e d........................................ ..................................
1.6
2.0
2.1
0.2
- 0.2
- 0.2
0.8
2.8
3.3
3.2
2.9
2.2
0.9
1.3
51
52
58
Final sales of dom estic product......................... ..................................
Previously published........................................
1.5
1.6
-
Im plicit price deflators:
59
G D P ......................................................................
1.5
60
P reviously p ub lish e d ................................... ..................................
1.6
61
G ross dom estic p u rcha ses............................ ..................................
1.4
62
63
64
Previously p ub lish e d ................................... ..................................
G N P ......................................................................
Previously p u b lish e d .................................... ..................................
* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.
2.0
2.1
2.2
2.7
3.2
3.1
2.7
1.2
3.3
3.2
2.9
2.0
2.2
0.8
2.8
0.9
1.3
2.0
2.1
2.9
3.5
3.2
2.7
3.0
-0 .3
1.5
2.3
1.8
1.6
-
0.2
0.8
1.6
2.5
1.7
4.5
3.2
2.1
2.1
3.8
4.0
4.6
62
1.3
1.7
4.6
2.2
1.4
1.8
2.3
2.0
63
0.9
1.3
2.0
2.1
1.8
4.7
2.7
1.3
1.9
2.4
2.7
64
1.5
2.3
3.0
3.7
3.3
3.0
3.3
1.5
2.0
2.1
2.7
3.2
3.1
2.7
2.8
3.3
3.2
2.9
2.0
2.2
1.6
48
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 4A. Price Indexes for Gross Domestic Product and Related Measures: Percent Change From Preceding Period— Table Ends
Seasonally adjusted at annual rates
III
IV
I
II
-0 .6
0.0
1.2
1.3
0.8
0.5
1.3
1.5
-2 .2
1.8
2.5
2.8
-
2.1
1.6
3.1
3.1
III
IV
I
Gross dom estic product (G D P )..................................................
2.8
0.8
1.0
Previously pub lish e d .....................................................................
3.1
0.5
1.0
-
3 Personal consum ption expen d itu re s ....................................................
4.1
-5 .6
4
Previously p u b lish e d ..................................................................................
4.3
-5 .6
1
2
2010
2009
2008
Line
II
III
IV
1.9
1.8
1.7
2.0
1.4
0.5
0.6
-2 .5
2013
Line
I
II
III
IV
I
II
III
IV
I
2.1
1.6
2.6
2.5
0.5
2.0
1.8
2.3
1.1
1.3
2.1
2.0
2.6
3.0
0.4
2.0
1.6
2.7
1.0
1.2
1.2
2.1
3.0
3.7
2.3
1.3
2.3
1.1
1.7
1.6
1.1
3
1.3
2.2
3.2
3.6
2.3
1.1
2.5
0.7
1.6
1.6
1.0
4
6.3
2.6
-
1.2
1.3
0.7
1.0
5
3.0
2.5
6
0.6
-0 .7
1.1
- 2.1
-0 .9
-
1.8
- 1.2
1.9
1.4
0.2
0.2
- 2.2
2.2
5.9
-
0.6
-2 .5
-
5
G o o d s ............................................................................................................
6.9 -1 6 .5
-
6.6
4.3
5.2
3.3
1.8
1.1
Previously p u b lis h e d .............................................................................
7.0 -1 7 .8
-7 .0
4.3
5.7
3.1
1.3
-
2.8
0.6
1.0
4.0
6
7
Durable g o o d s.........................................................................................
-
1.1
-2 .9
-
2.0
-0 .5
-2 .7
1.5
-
1.6
-2 .4
-2 .5
-1 .9
6.0
6.6
- 0.8
8
Previously published.........................................................................
-
1.1
-3 .5
-2 .4
-0 .3
-
2.6
1.0
-1 .5
2.0
-2 .3
-
2.1
-0 .5
9
Nondurable g o o d s ..................................................................................
6.6
9.1
4.2
2.4
-2 .5
2.2
6.9
9.3
Previously published.........................................................................
10.9 - 22.2
11.1 -2 3 .8
2.8
0.3
3.0
1.2
- 8 .7
10
11
12
-9 .2
6.5
9.9
4.1
2.6
-3 .2
2.6
7.0
10.1
1.6
8.6
8.0
0.1
0.7
1.3
2.5
1.5
1.9
1.5
1.2
1.5
2.4
0.3
0.4
1.8
3.0
2.1
2.3
1.4
1.3
1.6
2.4
-
2012
2011
4.0
-
-
4.1
1.3
3.5
4.7
4.2
2.2
0.8
2.0
2.0
1.7
2.5
1.2
- 1.1
- 2.2
2.2
2.0
1.0
-
-
2.2
-2 .3
-
3.0
2.0
2.0
2.6
2.1
-
1
2
-
1.1
7
-
1.1
8
-0 .9
9
0.8
2.1
1.4
1.9
2.0
10
11
12
13 Gross private dom estic investm en t......................................................
2.0
5.6
-2 .7
-5 .5
-4 .7
-0 .3
-0 .8
0.5
0.7
2.1
1.1
1.7
1.0
0.7
1.4
1.6
1.3
1.5
2.1
13
14
Previously p ub lish e d .................................................................................
2.4
6.9
-6 .4
-5 .7
-1 .3
-
1.3
1.9
1.0
1.3
0.6
1.5
1.9
14
2.9
-4 .7
-3 .7
1.4
2.2
0.7
1.5
1.5
1.4
1.3
2.3
15
Previously p u b lis h e d .............................................................................
3.3
2.9
-2 .3
-5 .4
-4 .3
-
1.6
0.1
- 0.1
0.5
16
0.1
- 0.8
1.6
1.1
1.2
2.9
1.4
2.5
1.8
1.4
1.3
1.5
2.0
16
N o nresidential.........................................................................................
4.7
5.1
-4 .6
-3 .9
-0 .5
-1 .5
0.9
1.5
2.3
1.3
0.9
1.5
1.0
0.8
1.3
17
18
Previously published.........................................................................
5.1
5.3
2.1
- 2.2
1.2
2.1
1.2
17
2.1
1.8
1.6
1.6
1.3
Fixed investm ent.........................................................................................
1.2
- 1.1
0.4
15
2.8
- 2.2
-5 .3
-4 .6
-1 .9
-
2.0
0.4
1.5
1.9
2.6
1.9
1.5
1.8
1.2
18
S tructures............................................................................................
7.3
8.3
- 4 .4 -1 1 .4 -1 0 .5
0.8
1.5
2.1
2.5
2.7
4.2
3.7
2.7
0.9
1.9
1.2
1.2
0.9
19
4.0
19
20
21
Previously published.....................................................................
7.7
8.2
-5 .4 -
2.4
3.7
5.1
6.7
5.7
4.5
2.7
3.2
1.4
2.9
E qu ip m e nt...........................................................................................
4.8
7.9
2.6
1.0
0.8
0.6
1.0
1.0
0.7
1.7
0.7
1.0
2.1
0.4
1.4
1.5
-0 .3
20
21
Intellectual property pro du cts.........................................................
1.9
1.0
1.9
2.0
2.2
0.5
- 0.6
2.7
2.9
0.7
0.6
1.9
23
25
R e sid en tia l..............................................................................................
0.0
2.3
1.4
0.1
1.4
3.4
4.0
6.3
Previously published.........................................................................
1.4
2.4
1.7
1.4
0.1
0.6
0.8
26
0.8
- 0.6
-1 .4
1.2
3.3
3.0
6.7
S ervices........................................................................................................
Previously p u b lis h e d .............................................................................
-
-
-
-
-9 .9
-1 .4
1.2
0.2
12.1
- 1.2
2.1
-3 .8
- 4 .2
-1 .5
-2 .4
-2 .3
-0 .7
3.3
-0 .3
- 3 .5
-5 .5
-3 .2
-5.1
-
2.8
3.0
2.8
-5 .2
-
2.8
-5 .9
-3 .0
3.4
0.6
0.0
-
-
1.1
0.6
1.1
2.1
0.2
2.3
4.0
1.9
-
9?
23
??
1.4
-
-
?4
24
-
2.8
- 2.0
-
-
25
26
97
27
?R
28
4.7
1.2
4.9
5.0
0.9
4.2
5.4
1.4
5.4
5.5
5.5
G oods........................................................................................................
5.8 -2 6 .6 -15.1
32
Previously published.........................................................................
5.7 -27.1 -1 4 .4
33
S e rv ic e s ...................................................................................................
6.5
-9 .3
-7 .6
-4 .8
4.2
6.1
3.3
3.2
0.9
3.4
6.0
5.7
3.2
-
1.0
4.0
2.4
- 0.1
2.5
2.0
33
34
Previously published.........................................................................
6.7
-8 .9
-6 .9
-4 .5
4.7
6.4
3.8
3.9
3.0
5.9
5.9
2.9
-1 .3
3.8
2.6
-0 .4
2.3
1.9
34
35
Im p orts..........................................................................................................
11.4 -3 6 .3 -2 9 .7
6.5
14.5
13.0
6.4
9.6
17.4
-3 .7
-5 .0
4.1
0.5
35
10.6 -3 6 .7 -2 8 .8
6.4
13.3
12.4
7.9
-3.1
10.1
18.6
-1 .9
0.8
0.0
4.3
Previously p u b lis h e d .............................................................................
12.8
12.8
-0 .4
36
1.8
- 2.1
0.8
- 2.2
5.6
-3 .9
-6 .5
5.3
1.5
36
37
G oods........................................................................................................
12.5 -4 0 .3 -3 4 .0
8.4
17.1
14.2
7.5
-2 .4
-2 .9
10.4
20.4
14.6
-0 .3
-0 .3
4.8
-4 .5
-5 .9
4.5
0.6
37
38
Previously published.........................................................................
8.3
15.7
13.6
9.5
-
2.8
-3 .8
10.9
21.7
14.3
-
2.0
0.6
6.4
-4 .8
-7 .5
5.8
1.7
38
39
S e rv ic e s ...................................................................................................
-0 .9
4.4
7.5
0.7
1.5
5.9
3.7
4.5
-0 .7
-3 .2
1.6
0.5
-0 .3
2.3
- 0.1
39
40
Previously published.........................................................................
11.6 -4 0 .8 -33.1
5.6 -1 1 .7 - 8.1
5.5 - 11.6 -7 .0
6.5
3.9
5.0
5.7
5.2
6.6
5.1
-
9.6
12.7
1.0
12.6
13.3
-0 .4
Previously p u b lis h e d .............................................................................
31
4.9
12.7
1.5
30
-
8.3
0.0
0.0
0.0
0.1
0.1
- 0.1
2.2
2.1
E x p o rts .........................................................................................................
10.6
11.1
0.6
6.0 -2 1 .7 -1 2 .7
6.0 - 22.0 -1 1 .9
29
9.7
2.3
-4 .0
8.4
1.7
-3 .8
2.8
0.5
9.5
1.9
-5 .2
2.4
- 0.1
9.4
1.2
-4 .8
2.4
-
2.9
1.4
29
1.5
1.4
30
1.1
1.2
1.2
1.2
31
32
-0 .9
3.9
7.2
1.2
1.0
0.8
0.8
6.0
4.5
5.1
-1 .3
-3.1
1.7
1.0
-0 .9
2.5
0.4
40
41 G overnm ent consum ption expenditures and gross investm ent
4.2
-3 .4
-2 .5
-0 .6
1.2
2.0
4.8
3.0
2.0
2.9
3.6
4.1
1.7
-0 .5
2.9
0.3
0.3
1.4
0.9
41
42
Previously p u b lish e d ..................................................................................
4.2
-5 .4
-
-0 .5
1.5
1.2
1.7
3.6
5.2
4.1
2.4
1.7
42
-3.1
2.1
0.6
5.5
2.9
2.3
4.2
3.8
1.3
44
Previously p ub lis h e d .............................................................................
1.7
-4 .7
-1 .7
1.5
5.5
1.1
2.3
4.9
3.6
3.2
National d e fe n s e ....................................................................................
-4 .0
-0 .9
-2 .9
0.5
2.3
5.6
2.4
5.2
4.2
1.6
2.4
46
Previously published.........................................................................
-5 .8
-
2.2
1.2
2.3
5.9
1.0
0.9
2.2
2.8
2.2
1.2
-0 .9
45
1.6
1.2
0.8
0.6
0.8
1.2
1.2
1.4
2.1
0.0
- 1.0
3.6
Federal..........................................................................................................
2.1
2.2
2.2
4.7
43
2.6
0.1
0.8
6.1
3.3
2.3
-0 .9
4.2
0.9
47
N ondefense..............................................................................................
-0 .5
0.9
5.4
3.9
2.9
2.3
2.5
3.2
1.7
0.0
- 0.8
- 0.1
0.6
0.0
1.2
3.8
0.2
2.0
- 0.1
0.1
-
48
Previously published.........................................................................
2.2
2.0
1.8
1.1
-2 .3
3.1
0.6
2.3
2.2
2.1
4.9
1.5
1.7
1.2
2.8
4.2
2.1
49
State and lo c a l............................................................................................
5.5
-3 .6
-4.1
0.5
1.5
1.9
4.3
3.1
2.3
3.3
3.1
4.3
1.9
50
Previously p u b lis h e d .............................................................................
5.7
-5 .7
-4 .7
0.2
1.5
2.0
4.2
1.3
2.0
4.6
5.3
4.4
2.6
1.8
1.6
1.0
1.8
2.0
2.0
2.1
1.3
-1 .3
0.2
1.8
-
-
-
1.5
3.8
0.4
1.6
0.6
1.6
0.8
0.9
1.9
3.1
46
0.2
1.0
0.1
0.8
1.8
47
1.4
48
0.4
1.9
- 0.1
49
1.6
1.6
1.2
50
0.2
0.9
-
2.4
43
2.5
44
2.8
45
Addenda:
51
Final sales of dom estic p ro d u c t.............................................................
2.9
0.4
0.1
1.2
1.3
Previously p u b lis h e d .............................................................................
3.2
0.0
1.1
1.1
-0 .5
52
-0 .7
0.7
1.4
1.5
1.7
2.7
2.5
0.5
2.3
1.1
1.4
51
2.7
3.0
0.4
2.0
2.0
1.7
1.5
2.8
3.5
2.0
0.9
2.3
1.0
1.4
1.4
2.5
3.4
3.5
2.3
0.9
2.5
0.7
1.4
1.0
1.6
1.6
0.9
1.3
2.2
2.9
3.6
2.0
0.9
2.3
1.0
1.4
1.5
1.2
1.2
1.2
1.2
52
2.3
2.0
2.8
53
Gross dom estic p u rc h a s e s ......................................................................
3.8
-3 .6
-2 .4
0.3
1.3
2.2
54
Previously p u b lis h e d .............................................................................
4.0
-4 .0
-2 .4
0.2
1.7
2.4
1.8
2.1
0.7
55
Final sales to dom estic p u rc h a s e rs ......................................................
3.9
-3 .9
-2 .3
0.4
1.4
2.3
1.7
56
Previously p ub lish e d .............................................................................
4.1
-4 .4
-2 .3
0.3
2.4
57
Gross national product (G N P )................................................................
2.8
0.7
- 0.6
1.2
2.0
1.8
58
Previously p ub lis h e d .............................................................................
3.1
0.4
1.0
1.0
1.8
0.0
0.6
1.8
1.6
1.4
2.4
3.4
3.5
2.3
0.9
2.5
0.7
1.5
1.3
56
1.8
2.0
2.1
1.6
2.0
2.7
2.4
0.5
2.3
1.3
57
2.6
2.9
0.4
2.0
2.0
1.7
2.1
1.5
2.6
1.6
1.1
1.0
-0 .7
0.5
1.3
1.5
1.2
58
0.1
0.5
1.2
1.2
1.8
1.8
1.8
1.6
2.1
2.6
2.6
0.5
1.9
2.1
2.0
2.5
1.6
3.0
0.1
1.2
1.7
2.2
1.9
0.9
1.3
2.3
2.8
3.5
2.1
2.3
2.1
0.8
1.3
2.3
3.5
3.5
2.3
0.1
1.2
1.2
1.9
1.7
1.8
1.8
1.9
1.6
2.1
2.6
1.5
2.1
2.0
2.7
53
54
55
Im plicit price deflators:
59
G D P ..........................................................................................................
2.8
0.6
1.0
-0 .7
60
Previously published.........................................................................
3.2
0.5
0.9
61
Gross dom estic purchases..................................................................
3.8
-3 .7
-2 .4
62
Previously published.........................................................................
4.1
-4 .0
-2 .5
63
G N P ..........................................................................................................
2.8
0.6
1.0
64
Previously published.........................................................................
3.2
0.4
0.9
0.8
0.2
0.2
- 0.6
- 0.8
* Previously published estimates are not shown because this series is new.
See “Explanatory Note” at the end of the tables.
-
-
-
0.5
1.4
1.8
2.1
1.4
1.7
59
1.5
2.7
1.0
1.3
60
0.9
2.0
2.2
2.2
1.0
1.2
1.9
1.5
61
0.6
2.7
0.7
1.5
1.6
1.3
62
2.5
0.5
1.8
2.1
1.4
1.7
63
3.0
0.2
2.0
2.2
1.5
2.7
1.0
1.3
64
August 2013
49
S u r v e y o f C u r r e n t B u s in e s s
Table 5. Real Gross Domestic Product, Quantity Indexes— Continues
[Index numbers, 2009=100]
2002
Line
1
2003
2004
2005
G ross dom estic product...........................
89.539
92.038
95.534
98.735
2 Personal consum ption e x p e n d itu re s ....................
87.376
90.076
93.525
96.798
2007
2008
2009
2010
2011
2012
101.368
103.182
102.883
100.000
102.507
104.400
107.302
1
99.715
101.957
101.588
100.000
101.960
104.555
106.854
2
103.446
106.925
110.495
3
106.092
113.074
121.833
4
102.226
104.177
105.594
5
2006
Line
S e rv ic e s ........................................................................
87.892
89.783
92.620
95.559
98.123
100.089
100.845
100.000
100.000
100.000
100.000
101.244
103.411
105.090
6
7 G ross private dom estic in v e s tm e n t......................
118.110
122.926
133.716
142.302
145.361
140.787
127.574
100.000
112.901
118.449
129.705
7
8
Fixed in v e s tm e n t........................................................
108.662
113.023
120.644
128.892
131.436
128.825
120.087
101.504
107.844
116.766
8
9
N onresidential..........................................................
91.708
93.428
98.281
105.143
112.618
119.282
118.428
102.471
110.225
118.263
9
10
11
S tru c tu re s ............................................................
98.708
94.895
94.502
96.125
103.030
116.164
123.271
E quipm ent............................................................
102.129
105.388
113.483
124.413
135.152
139.426
129.766
100.000
100.000
100.000
100.000
100.000
100.000
10
11
12
3
G o o d s.............................................................................
86.610
90.808
95.419
99.335
102.942
105.731
103.106
4
Durable g o o d s .........................................................
83.707
89.673
97.030
102.309
106.667
111.565
105.855
5
Nondurable g o o d s .................................................
88.781
91.882
94.875
98.033
101.243
102.952
101.818
6
12
Intellectual property p ro d u c ts .........................
77.309
80.261
84.384
89.849
93.926
98.445
101.430
13
R esid en tia l................................................................
174.043
189.815
208.773
222.467
205.631
166.934
126.886
14
Change in private in ventories..................................
83.585
85.360
96.212
115.892
130.639
140.604
101.887
106.388
109.962
97.496
97.964
110.581
13
14
15 Exports of goods and serv ice s ................................
74.385
75.591
82.667
87.662
95.493
104.010
109.979
100.000
111.476
119.367
123.590
15
16 Im ports of goods and s e rv ice s ................................
89.219
93.056
103.297
109.591
116.326
118.970
115.825
100.000
112.759
118.239
120.860
16
17 G overnm ent consum ption expenditures and
gross investm ent......................................................
87.591
89.485
90.907
91.489
92.884
94.345
96.946
100.000
100.074
96.868
95.921
17
18
F e d e ra l..........................................................................
74.801
79.902
83.529
84.982
87.123
88.586
94.631
100.000
104.350
101.660
100.212
18
State and local.............................................................
96.312
95.933
95.798
95.774
96.657
98.115
98.452
100.000
97.293
93.751
93.128
19
100.000
100.000
100.000
100.000
101.045
103.082
105.751
102.933
104.666
107.374
20
21
101.507
103.381
105.866
22
102.756
104.954
107.744
23
19
Addenda:
20
21
22
Final sales of dom estic p roduct...............................
88.496
90.954
94.077
97.286
99.850
101.879
102.083
Gross dom estic purchases.......................................
91.289
94.105
98.103
101.527
104.150
105.339
103.929
Final sales to dom estic purchasers........................
90.263
93.036
96.664
100.094
102.651
104.055
103.143
23
Gross national p ro d u c t..............................................
89.054
91.673
95.289
98.460
100.864
103.053
103.047
Seasonally adjusted
Line
2007
2008
I
II
III
Gross dom estic product...........................
102.151
102.938
103.631
104.010
103.311
2 Personal consum ption e xp e n d itu re s ....................
101.465
101.803
102.206
102.353
102.145
1
IV
I
II
2010
2009
III
IV
I
II
103.823
103.309
101.087
99.682
99.577
102.337
101.532
100.338
100.007
99.579
Line
IV
I
II
99.893
100.848
101.247
102.220
1
100.201
100.213
100.736
101.548
2
III
3
G oo d s.............................................................................
105.160
105.561
106.062
106.143
104.699
105.063
103.068
99.595
99.698
99.013
100.764
100.524
101.517
102.801
3
4
Durable g o o d s ........................................................
109.647
111.231
112.467
112.913
109.691
109.350
105.999
98.381
98.563
97.972
102.662
100.804
102.135
105.177
4
5
Nondurable g o o d s .................................................
103.055
102.851
102.991
102.910
102.346
103.063
101.703
100.158
100.231
99.506
99.879
100.384
101.218
101.699
5
6
S e rv ic e s ........................................................................
99.636
99.943
100.299
100.478
100.890
100.994
100.785
100.711
100.163
99.852
99.925
100.060
100.359
100.944
6
7 G ross private dom estic in v e s tm e n t......................
140.488
142.414
141.531
138.714
134.043
131.655
127.989
116.608
103.171
96.935
96.090
103.804
107.177
112.714
7
8
8
Fixed in ve stm e n t........................................................
129.250
129.582
128.795
127.674
125.344
123.581
119.670
111.754
103.139
99.273
99.148
98.440
98.629
101.832
9
Nonresidential..........................................................
116.145
118.427
120.263
122.292
122.325
121.620
118.337
111.429
103.357
100.033
98.753
97.856
98.874
101.581
9
10
11
S tru c tu re s ............................................................
108.358
114.229
119.576
122.495
123.001
124.993
124.070
121.019
111.925
103.434
96.435
88.206
82.081
84.399
E quipm ent............................................................
137.530
139.101
139.830
141.244
139.587
136.058
129.071
114.348
101.488
98.028
99.308
101.175
108.280
114.099
10
11
12
Intellectual property p ro d u c ts .........................
97.481
97.817
98.216
100.266
101.871
102.250
101.315
100.286
98.669
99.724
99.994
101.613
101.213
100.692
12
13
R esid en tia l...............................................................
181.305
174.048
162.957
149.424
137.673
131.637
125.151
113.085
102.224
96.102
100.801
100.873
97.635
102.871
13
14
Chanqe in private inventories..................................
15 Exports of goods and services................................
100.171
101.931
105.521
108.415
109.780
112.920
111.934
105.281
96.906
97.078
100.306
105.709
107.360
109.815
15
16 Im ports of goods and s ervices................................
119.019
119.480
119.555
117.827
118.920
117.830
115.649
110.904
100.296
96.033
99.649
104.021
106.980
112.023
16
17 Governm ent consum ption expenditures and
gross investm ent......................................................
93.320
94.106
94.787
95.167
95.562
96.306
97.639
98.278
98.428
100.224
100.774
100.574
99.844
100.554
17
18
F e d e ra l..........................................................................
86.601
87.969
89.644
90.130
91.582
93.265
96.006
97.672
96.915
100.097
101.468
101.520
102.472
104.577
18
19
State and local.............................................................
97.733
98.128
98.146
98.455
98.153
98.282
98.700
98.673
99.414
100.305
100.322
99.959
98.135
97.937
19
14
Addenda:
20
21
22
Final sales of dom estic product..............................
100.960
101.530
102.220
102.807
102.401
102.974
102.393
100.564
99.718
99.874
100.273
100.135
100.129
100.829
G ross dom estic p urcha ses.......................................
104.763
105.401
105.692
105.498
104.834
104.809
104.088
101.983
100.070
99.377
99.809
100.744
101.359
102.736
Final sales to dom estic p urcha sers........................
103.584
104.012
104.304
104.319
103.938
103.976
103.193
101.466
100.101
99.668
100.178
100.052
100.272
101.379
20
21
22
23
Gross national p ro d u c t..............................................
101.637
102.569
103.655
104.349
103.548
104.066
103.663
100.913
99.521
99.394
100.026
101.060
101.494
102.471
23
See “Explanatory Note” at the end of the tables.
50
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 5. Real Gross Domestic Product, Quantity Indexes— Table Ends
[Index numbers, 2009=100]
Seasonally adjusted
Line
2010
III
2011
IV
I
II
2012
III
IV
I
II
Line
2013
III
IV
I
II
1
Gross dom estic p ro d u c t..........................
102.923
103.638
103.302
104.115
104.468
105.716
106.683
107.003
107.741
107.780
108.087
108.536
1
2
3
4
5
6
Personal consum ption expen d itu re s ....................
102.243
103.313
103.844
104.226
104.765
105.386
106.145
106.643
107.092
107.537
108.138
108.615
Goods.........................................................
Durable goods..........................................
Nondurable goods.....................................
Services......................................................
103.773
106.884
102.338
101.507
105.691
110.172
103.647
102.168
106.391
111.631
104.020
102.615
106.446
111.402
104.199
103.155
106.777
112.812
104.077
103.795
108.084
116.453
104.409
104.079
109.298
119.195
104.988
104.616
109.889
120.060
105.463
105.070
110.888
122.484
105.877
105.252
111.904
125.591
106.047
105.421
112.928
127.379
106.762
105.818
113.886
129.401
107.290
106.065
2
3
4
5
6
7
8
9
10
11
12
13
14
G ross private dom estic inve s tm e n t......................
116.378
115.336
113.109
116.932
117.663
126.092
129.269
128.745
130.795
130.012
131.521
134.380
Fixed investment..........................................
Nonresidential..........................................
Structures.............................................
Equipment............................................
Intellectual property products...................
Residential...............................................
Change in private inventories.........................
101.733
103.632
83.146
118.912
102.189
93.845
103.823
105.794
84.712
122.277
103.455
95.635
103.705
105.552
77.532
125.802
104.401
96.044
105.863
108.075
83.372
127.148
105.646
96.684
109.581
112.340
88.755
133.165
107.024
98.125
112.228
114.931
91.781
136.442
108.479
101.001
114.569
116.551
93.345
139.204
108.830
106.359
115.904
117.847
94.922
140.999
109.326
107.854
116.675
117.938
96.299
139.602
110.072
111.476
119.914
120.717
100.282
142.609
111.617
116.635
119.467
119.318
93.090
143.175
112.648
120.123
121.301
120.663
94.639
144.612
113.712
123.958
7
8
9
10
11
12
13
14
15
E xports of goods and s e rv ic e s ...............................
112.699
116.031
117.105
118.504
120.525
121.336
122.576
123.738
123.851
124.196
123.781
125.414
15
16
Im ports of goods and s e rv ic e s ...............................
115.880
116.152
116.966
117.166
118.563
120.263
120.475
121.207
121.358
120.398
120.584
123.362
16
17
G overnm ent consum ption expenditures and
gross in v e s tm e n t.....................................................
100.468
99.431
97.506
97.194
96.573
96.198
95.863
95.933
96.752
95.135
94.117
94.021
18
19
Federal........................................................
State and local.............................................
105.531
97.173
104.819
95.928
101.961
94.608
102.407
93.805
101.534
93.348
100.738
93.246
100.115
93.096
100.065
93.243
102.212
93.207
98.455
92.966
96.315
92.672
95.947
92.751
17
18
19
101.049
103.635
101.807
103.127
102.172
104.000
102.571
103.932
102.103
103.672
102.503
103.804
102.721
104.331
102.973
104.603
103.482
104.647
103.685
105.089
104.022
106.012
104.362
106.321
104.898
106.835
105.099
107.107
105.460
107.118
105.617
107.491
106.038
107.841
106.185
108.143
106.610
107.702
106.565
108.237
106.666
108.073
106.691
108.408
107.000
108.722
107.227
Addenda:
20
21
22
23
Final sales of domestic product......................
Gross domestic purchases............................
Final sales to domestic purchasers.................
Gross national product..................................
See “Explanatory Note” at the end of the tables.
20
21
22
23
August 2013
51
S u r v e y o f C u r r e n t B u s in e s s
Table 6. Price Indexes for Gross Domestic Product—Continues
[Index numbers, 2009=100]
2002
2009
2010
2011
2012
G ross dom estic product...........................
85.055
86.754
89.130
91.989
94.816
97.338
99.208
100.000
101.215
103.203
105.008
1
2 Personal consum ption expenditures (P C E ).......
85.872
87.573
89.703
92.260
94.728
97.099
100.063
100.000
101.654
104.086
106.009
2
Line
1
2003
2004
2005
2006
2007
2008
Line
3
G oo d s.............................................................................
93.806
93.703
95.030
96.951
98.277
99.403
102.362
100.000
101.637
105.345
106.666
3
4
Durable g o o d s ........................................................
115.034
110.885
108.752
107.669
105.915
103.764
101.758
98.622
97.649
96.467
4
103.085
109.128
111.765
5
101.663
103.463
105.689
6
5
N ondurable g o o d s .................................................
83.538
85.264
88.214
91.592
94.438
97.214
102.653
6
S e rv ic e s ........................................................................
81.964
84.531
87.056
89.930
92.974
95.977
98.943
100.000
100.000
100.000
7 G ross private dom estic in v e s tm e n t......................
86.783
87.841
90.646
94.544
98.180
100.001
101.028
100.000
99.109
100.364
101.646
7
8
Fixed in ve stm e n t........................................................
86.614
87.734
90.546
94.507
98.167
99.988
100.996
100.506
101.852
8
Nonresidential..........................................................
90.047
89.885
91.141
93.830
96.561
98.574
100.337
99.070
100.524
101.977
9
10
11
12
S tru c tu re s ............................................................
65.404
67.774
72.879
82.056
92.048
97.620
102.259
100.000
100.000
100.000
99.180
9
98.844
101.748
103.732
10
11
12
E quipm ent............................................................
100.246
98.520
98.360
98.639
98.317
98.602
98.691
Intellectual property p ro d u c ts .........................
95.408
95.193
95.110
95.987
97.509
99.181
100.827
13
R esidential................................................................
81.679
85.549
91.546
98.103
103.821
105.176
103.647
14
Change in private in ventories..................................
100.000
100.000
100.000
98.009
98.928
100.187
100.541
101.789
103.169
99.645
100.392
101.246
13
14
15 Exports of goods and serv ice s ................................
85.281
87.151
90.364
94.379
97.759
101.119
105.815
100.000
104.415
111.140
112.185
15
16 Im ports of goods and s e rv ice s ................................
81.098
83.984
88.084
93.560
97.491
101.050
111.695
100.000
106.008
114.273
114.862
16
17 G overnm ent consum ption expenditures and
gross investm ent......................................................
77.426
80.341
83.947
88.235
92.086
96.140
100.282
100.000
102.673
105.560
106.882
17
18
F e d e ra l..........................................................................
81.310
84.773
87.736
91.449
94.448
97.319
100.286
102.614
105.344
106.184
18
19
State and local.............................................................
75.143
77.761
81.719
86.333
90.677
95.426
100.279
100.000
100.000
102.714
105.710
107.371
19
100.000
100.000
100.000
100.000
100.000
100.000
100.000
101.287
102.743
104.632
101.497
104.034
105.920
101.047
102.480
104.320
20
21
22
101.217
103.217
105.033
23
101.528
103.884
105.599
24
101.528
103.898
105.624
25
101.326
103.327
105.131
26
100.000
100.000
100.000
100.000
100.000
101.211
103.199
105.002
27
101.216
103.217
105.033
28
101.523
103.880
105.594
29
101.528
103.898
105.624
30
101.321
103.322
105.126
31
Addenda:
20
21
22
PCE excluding food and energy
1..........................
2..................................................
Market-based PCE excluding food and energy 2
87.749
89.048
90.751
92.710
94.785
96.829
98.824
Market-based PCE
85.441
87.097
89.145
91.611
94.084
96.390
99.630
87.525
88.712
90.254
92.017
94.038
95.957
98.129
23
Final sales of dom estic product...............................
85.042
86.753
89.130
91.995
94.824
97.349
99.216
24
Gross dom estic purchases.......................................
84.359
86.196
88.729
91.850
94.782
97.370
100.243
25
Final sales to dom estic purchasers........................
84.339
86.187
88.721
91.850
94.784
97.375
100.244
26
Gross national p ro d u c t..............................................
85.029
86.730
89.105
91.966
94.794
97.318
99.201
Im plicit price deflators:
27
Gross dom estic product........................................
85.054
86.754
89.132
91.991
94.818
97.335
99.236
28
Final sales of dom estic p ro du ct..........................
85.041
86.753
89.130
91.995
94.824
97.349
99.215
29
Gross dom estic purcha ses..................................
84.358
86.195
88.731
91.852
94.784
97.368
100.270
30
Final sales to dom estic p urcha sers...................
84.338
86.187
88.721
91.850
94.784
97.375
100.244
31
Gross national p ro d u c t.........................................
85.028
86.729
89.107
91.968
94.796
97.315
99.229
1. Food excludes personal consumption expenditures for purchased meals and beverages, which are classiand the final consumption expenditures of nonprofit institutions serving households. Percentage changes for
fied in food services.
these series are included in the addenda to table
8 and appendix table A.
2. This index is a supplemental measure that is based on household expenditures for which there are observSee “Explanatory Note” at the end of the tables,
able price measures. It excludes most implicit prices (for example, financial services furnished without payment)
52
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 6. Price Indexes for Gross Domestic Product—Continues
[Index numbers, 2009=100]
Seasonally adjusted
2007
Line
I
II
2008
III
IV
I
II
2010
2009
III
IV
I
IV
I
II
G ross dom estic p ro d u c t..........................
96.657
97.212
97.533
97.948
98.497
98.930
99.605
99.799
100.047
99.891
99.883
100.179
100.509
100.972
1
2 Personal consum ption expenditures (P C E ).......
96.011
96.772
97.320
98.294
99.136
100.172
101.195
99.748
99.184
99.627
100.252
100.938
101.282
101.398
2
1
II
III
Line
3
G o o d s ............................................................................
98.173
99.253
99.479
100.708
101.735
102.949
104.684
100.081
98.386
99.422
100.687
101.505
101.786
101.147
3
4
Durable g o o d s.........................................................
104.560
104.090
103.408
102.999
102.678
101.892
101.610
100.853
100.346
100.216
99.539
99.899
99.506
98.902
4
5
Nondurable g o o d s ..................................................
94.963
96.824
97.506
99.564
101.258
103.455
106.172
99.727
97.471
99.042
101.224
102.262
102.868
102.216
5
6
S e rv ic e s ........................................................................
94.959
95.559
96.271
97.119
97.871
98.823
99.496
99.582
99.564
99.726
100.045
100.665
101.038
101.521
6
7 G ross private dom estic inve s tm e n t.......................
99.855
100.008
100.024
100.116
100.282
100.475
100.983
102.371
101.684
100.262
99.058
98.996
98.798
98.932
7
8
Fixed investm en t.........................................................
99.844
100.002
100.024
100.084
100.293
100.518
101.227
101.944
101.367
100.158
99.220
99.255
98.987
99.024
8
9
N o nreside ntia l.........................................................
98.304
98.621
98.649
98.722
99.139
99.559
100.697
101.952
101.425
100.236
99.237
99.102
98.735
98.953
9
10
11
12
S tructu re s............................................................
96.536
97.007
97.868
99.067
100.183
101.062
102.859
104.931
103.757
100.651
97.895
97.696
98.050
98.554
E qu ip m e nt...........................................................
98.975
99.111
98.515
97.805
97.645
97.645
98.793
100.682
100.739
100.433
99.897
98.931
97.875
97.817
Intellectual property pro du cts.........................
98.646
99.110
99.365
99.601
100.225
100.838
101.317
100.927
100.315
99.740
99.564
100.382
100.295
100.636
10
11
12
13
R e sid en tia l...............................................................
105.339
105.061
105.104
105.201
104.797
104.365
103.439
101.985
101.153
99.837
99.141
99.868
100.027
99.328
14
Change in private in v e n to rie s .................................
13
14
15 E xports of goods and s e rv ic e s ...............................
99.543
100.654
101.347
102.932
104.510
107.358
108.934
102.457
99.035
98.998
100.194
101.773
102.749
103.940
15
16 Im ports of goods and s e rv ic e s ...............................
97.872
99.557
101.323
105.448
109.026
114.682
117.819
105.253
96.389
97.913
101.281
104.417
106.052
105.567
16
17 G overnm ent consum ption expenditures and
gross in ve s tm e n t.....................................................
94.903
95.721
96.465
97.473
99.054
100.290
101.324
100.460
99.833
99.695
99.984
100.488
101.667
102.422
17
18
F ederal...........................................................................
96.572
97.169
97.470
98.064
99.611
100.430
100.941
100.161
100.178
99.651
99.809
100.362
101.719
102.452
18
State and lo c a l............................................................
93.900
94.847
95.851
97.106
98.708
100.201
101.562
100.647
99.610
99.722
100.098
100.570
101.629
102.399
19
19
Addenda:
20
21
22
PCE excluding food and energy ' ..........................
96.177
96.514
96.987
97.640
98.203
98.697
99.145
99.251
99.368
99.850
100.129
100.653
100.911
101.179
2..................................................
Market-based PCE excluding food and energy 2
95.262
96.095
96.576
97.627
98.544
99.633
100.877
99.465
99.134
99.643
100.315
100.909
101.195
101.237
95.322
95.681
96.066
96.760
97.368
97.842
98.461
98.845
99.339
99.903
100.183
100.576
100.752
100.957
20
21
22
23
Final sales of dom estic p ro d u c t..............................
96.668
97.225
97.547
97.955
98.509
98.946
99.655
99.753
100.015
99.881
99.898
100.205
100.525
100.975
23
24
G ross dom estic p urc h a s e s ......................................
96.412
97.079
97.576
98.415
99.295
100.238
101.178
100.259
99.650
99.720
100.040
100.590
101.036
101.285
24
25
Final sales to dom estic p u rc h a s e rs......................
96.416
97.085
97.583
98.416
99.301
100.246
101.218
100.211
99.622
99.712
100.053
100.613
101.050
101.287
25
26
G ross national p roduct..............................................
96.636
97.192
97.513
97.932
98.483
98.924
99.605
99.789
100.042
99.890
99.886
100.182
100.627
101.081
26
Market-based PCE
Im plicit price deflators:
27
Gross dom estic p ro d u c t.......................................
96.652
97.190
97.526
97.959
98.507
98.984
99.659
99.808
100.064
99.897
99.874
100.164
100.513
100.958
27
28
Final sales of dom estic product..........................
96.664
97.221
97.544
97.954
98.510
98.949
99.658
99.756
100.017
99.882
99.898
100.204
100.522
100.972
28
29
Gross dom estic purchases..................................
96.408
97.060
97.570
98.425
99.304
100.288
101.228
100.266
99.664
99.724
100.031
100.575
101.040
101.272
29
30
Final sales to dom estic p urcha sers...................
96.414
97.083
97.581
98.415
99.301
100.248
101.220
100.213
99.623
99.712
100.053
100.611
101.048
101.284
30
31
G ross national p ro d u ct.........................................
96.629
97.168
97.504
97.941
98.493
98.978
99.660
99.799
100.058
99.896
99.877
100.167
100.630
101.067
31
1. Food excludes personal consumption expenditures for purchased meals and beverages, which are dassiand the final consumption expenditures of nonprofit institutions serving households. Percentage changes for
fied in food services.
these series are included in the addenda to table
8 and appendix table A.
2. This index is a supplemental measure that is based on household expenditures for which there are observSee “Explanatory Note” at the end of the tables,
able price measures. It excludes most implicit prices (for example, financial services furnished without payment)
August 2013
53
S u r v e y o f C u r r e n t B u s in e s s
Table 6. Price Indexes for Gross Domestic Product— Table Ends
[Index numbers, 2009=100]
S easonally adjusted
2010
Line
III
2012
2011
IV
I
II
III
IV
I
II
2013
III
IV
I
Line
II
G ross dom estic product...........................
101.432
101.948
102.354
103.024
103.651
103.782
104.296
104.751
105.345
105.640
105.994
106.192
1
2 P ersonal consum ption expenditures (P C E ).......
101.698
102.239
102.996
103.938
104.529
104.880
105.471
105.750
106.193
106.622
106.909
106.918
2
1
3
G o o d s............................................................................
101.307
102.308
103.804
105.395
106.068
106.112
106.681
106.366
106.718
106.900
106.641
105.737
3
4
Durable g o o d s ........................................................
98.275
97.803
97.606
97.947
97.797
97.248
97.087
96.791
96.246
95.746
95.487
95.015
4
5
Nondurable g o o d s .................................................
102.763
104.492
106.833
109.050
110.138
110.491
111.448
111.127
111.964
112.522
112.264
111.122
5
6
S e rv ic e s ........................................................................
101.890
102.204
102.596
103.217
103.768
104.271
104.872
105.450
105.939
106.493
107.060
107.539
6
7 G ross private dom estic in ve s tm e n t......................
99.100
99.608
99.869
100.300
100.559
100.727
101.085
101.482
101.820
102.196
102.726
103.174
7
8
Fixed in ve stm e n t........................................................
99.138
99.571
99.922
100.463
100.730
100.911
101.298
101.679
102.045
102.386
102.967
103.429
8
9
Nonresidential..........................................................
99.095
99.496
99.875
100.456
100.774
100.990
101.506
101.897
102.157
102.350
102.692
102.911
9
10
11
12
S tru c tu re s ............................................................
99.077
99.693
100.347
101.375
102.293
102.975
103.206
103.703
103.856
104.164
105.189
106.434
10
11
12
E quipm ent............................................................
98.049
98.293
98.464
98.874
99.058
99.317
99.837
99.940
100.300
100.673
100.601
100.483
Intellectual property p ro d u c ts .........................
100.381
100.851
101.354
101.904
102.029
101.868
102.560
103.304
103.486
103.325
103.816
103.859
13
R esidential................................................................
99.325
99.898
100.108
100.461
100.489
100.509
100.315
100.664
101.505
102.500
104.088
105.546
14
Change in private inventories..................................
13
14
15 Exports of goods and s ervices................................
104.261
106.710
109.444
111.659
112.293
111.165
111.955
112.127
112.114
112.543
112.944
112.128
15
16 Im ports of goods and s e rv ice s ................................
104.985
107.426
111.811
115.233
115.132
114.915
116.117
115.038
113.570
114.725
114.873
113.453
16
17 G overnm ent consum ption expenditures and
gross investm ent......................................................
102.936
103.668
104.579
105.634
106.078
105.948
106.697
106.771
106.850
107.209
107.454
107.481
17
18
F e d e ra l..........................................................................
102.855
103.429
104.499
105.483
105.835
105.560
105.959
106.182
106.224
106.370
107.007
107.207
18
State and local.............................................................
102.991
103.836
104.633
105.740
106.248
106.220
107.214
107.183
107.288
107.798
107.775
107.684
19
19
Addenda:
1..........................
101.427
101.632
101.959
102.522
103.039
103.452
104.010
104.482
104.849
105.187
105.542
105.758
Market-based PCE
101.512
102.043
102.889
103.894
104.511
104.842
105.447
105.672
106.101
106.460
106.800
106.734
22
2.................................................
Market-based PCE excluding food and e n e rg y 2
101.169
101.311
101.678
102.257
102.793
103.192
103.761
104.199
104.538
104.783
105.210
105.368
20
21
22
23
Final sales of dom estic product..............................
101.430
101.936
102.355
103.041
103.670
103.802
104.322
104.774
105.374
105.663
106.024
106.224
23
24
G ross dom estic purcha ses.......................................
101.609
102.183
102.900
103.792
104.307
104.538
105.124
105.383
105.742
106.150
106.467
106.547
24
25
Final sales to dom estic purcha sers.......................
101.606
102.170
102.900
103.808
104.325
104.558
105.150
105.405
105.769
106.171
106.496
106.577
25
?fi
G ross national p ro d u ct..............................................
101.538
102.056
102.472
103.150
103.776
103.908
104.424
104.874
105.465
105.762
106.116
20
21
PCE excluding food and energy
?fi
Im plicit price deflators:
27
G ross dom estic p roduct........................................
101.418
101.936
102.343
103.002
103.650
103.783
104.291
104.750
105.292
105.667
106.105
106.293
28
Final sales of dom estic p ro du ct..........................
101.426
101.931
102.351
103.037
103.666
103.798
104.318
104.771
105.371
105.660
106.021
106.221
27
28
29
Gross dom estic p urcha ses..................................
101.596
102.171
102.889
103.770
104.304
104.539
105.119
105.383
105.691
106.177
106.576
106.646
29
30
Final sales to dom estic purcha sers...................
101.602
102.166
102.896
103.804
104.321
104.555
105.147
105.403
105.767
106.170
106.494
106.575
31
Gross national p ro d u c t.........................................
101.524
102.044
102.461
103.128
103.774
103.909
104.419
104.873
105.413
105.788
106.225
30
31
1. Food excludes personal consumption expenditures tor purchased meals and beverages, which are dassiand the final consumption expenditures of nonprofit institutions serving households. Percentage changes for
tied in food services.
these series are included in the addenda to table
8 and appendix table A.
2. This index is a supplemental measure that is based on household expenditures for which there are observSee “Explanatory Note” at the end of the tables,
able price measures. It excludes most implicit prices (for example, financial services furnished without payment)
54
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 7. Real Gross Domestic Product: Percent Change From Preceding Year— Continues
Line
1
1965
1967
1966
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
Line
G ross dom estic product (G D P )..................................................
6.5
6.6
2.7
4.9
3.1
0.2
3.3
5.2
5.6
-0 .5
-0 .2
5.4
4.6
5.6
3.2
-0 .2
1
2 Personal consum ption e xpenditures....................................................
6.3
5.7
3.0
5.7
3.7
2.4
3.8
6.1
5.0
-0 .8
2.3
5.6
4.2
4.4
2.4
-0 .3
2
6.2
11.1
3.1
0.8
4.2
6.5
5.2
-3 .6
0.7
7.0
4.3
4.1
1.6
-2 .5
3
3.7
-2 .7
10.0
12.4
10.5
-6 .4
0.2
12.5
8.8
5.2
-0 .5
8.0
- 0.2
1.6
4
3
G o o d s ............................................................................................................
7.1
6.3
2.0
4
Durable g oo ds........................................................................................
12.4
8.3
1.5
-
5
Nondurable g oo ds..................................................................................
5.0
5.6
2.1
4.2
2.8
2.2
1.9
4.0
2.9
-2 .4
0.9
4.8
2.3
3.6
2.6
6
S erv ic e s ........................................................................................................
5.5
4.9
4.1
5.3
4.4
3.9
3.5
5.7
4.7
1.9
3.8
4.3
4.1
4.6
3.1
7 G ross private dom estic investm ent......................................................
13.8
9.0
-3 .5
6.0
5.6
-6 .1
10.3
11.3
10.9
-6 .6
-1 6 .2
19.1
14.3
11.6
3.5
-10.1
7
8
Fixed investm ent........................................................................................
10.4
6.2
-0 .9
7.0
5.9
-
2.1
6.9
11.4
8.6
-5 .6
-9 .8
9.8
13.6
11.6
5.8
-5 .9
8
9
N o nresidential.........................................................................................
16.7
12.3
-0 .3
4.8
7.0
-0 .9
8.7
13.2
5.7
10.8
13.8
10.0
0.0
9
S tructu re s............................................................................................
15.9
6.8
-2 .5
1.4
5.4
0.3
3.1
8.2
-1 0 .5
2.4
4.1
14.4
12.7
5.9
E qu ip m e nt...........................................................................................
18.2
15.5
12.7
18.5
0.8
- 2.2
2.1
-9 .0
10
11
12
0.0
- 1.6
0.8
-1 0 .5
6.1
15.5
15.1
8.2
-4 .4
Intellectual property pro du cts.........................................................
12.7
13.2
0.4
7.0
5.0
2.9
0.9
10.9
6.6
7.1
11.7
5.0
10
11
12
13
R e sid en tia l..............................................................................................
2.6
-8 .4
26.6
17.4
0.6
-1 9 .6
12.1
22.1
20.5
6.7
-3 .7
-2 0 .9
13
14
Change in private in v e n to rie s .................................................................
-
-
-
1.0
6.1
8.3
-
7.8
7.5
5.4
-
2.6
13.5
3.1
-5 .2
1.8
0.1
-
-
5
6
14
15 Net exports of goods and serv ice s ........................................................
15
16
E x p o rts .........................................................................................................
2.8
6.9
2.3
7.8
4.8
10.8
1.7
7.5
18.9
7.9
-
0.6
4.4
2.4
10.5
9.9
10.8
17
G oods........................................................................................................
0.5
6.9
0.5
7.9
5.2
11.4
- 0 .4
10.7
23.0
7.9
-2 .3
4.7
1.3
11.2
11.8
11.9
17
18
S e rv ic e s ...................................................................................................
10.2
6.9
7.9
7.7
3.7
8.9
7.7
7.1
7.8
6.4
8.4
3.1
6.2
18
Im ports..........................................................................................................
10.6
14.9
7.3
14.9
5.7
4.3
5.3
4.6
-2 .3
6.1
- 11.1
3.0
19
0.6
11.2
19.6
10.9
8.7
1.7
- 6.6
19
20
21
G oods........................................................................................................
14.2
15.8
5.3
20.7
5.5
3.9
8.4
13.6
7.1
-
12.6
22.6
12.2
9.0
1.7
-7 .4
-
-
16
S e rv ic e s ...................................................................................................
2.9
12.7
12.2
1.8
6.3
5.2
2.8
4.2
-3 .4
2.8
- 0.1
-4 .3
6.9
5.0
7.1
1.4
2.2
20
21
22 G overnm ent consum ption expenditures and gross investm ent
3.2
8.7
7.9
3.4
0.2
-2 .0
-1 .8
-0 .5
-0 .3
2.3
2.2
0.5
1.2
2.9
1.9
1.9
22
23
F ederal..........................................................................................................
0.8
10.7
10.1
1.5
-2 .4
-6 .4
-3.1
-3 .6
0.7
0.5
0.2
2.2
2.5
2.3
4.4
23
24
National d e fe n s e ....................................................................................
-1 .3
12.9
12.5
1.6
-4.1
10.2
-6 .9
-5 .1
1.0
-0 .5
1.0
3.9
24
N ondefense.............................................................................................
7.9
3.6
1.9
1.3
3.9
4.6
3.9
4.7
5.4
25
26
State and lo c a l............................................................................................
6.6
6.2
5.0
6.0
3.5
2.9
3.7
3.6
1.6
0.8
0.8
6.0
2.7
25
6.1
- 8.2
1.0
0.4
3.3
1.5
0.2
26
-
-
-
5.6
7.2
3.1
2.2
-
0.2
2.8
1.0
-
-
1.7
-
Addenda:
27
Final sales of dom estic p ro d u c t.............................................................
5.9
6.1
3.3
5.1
3.2
28
Gross dom estic p u rc h a s e s ......................................................................
6.9
6.9
3.0
5.2
3.2
0.9
2.7
5.2
5.2
-0 .3
4.4
5.5
3.6
0.6
27
0.1
3.5
5.5
4.8
-
1.2
-
6.5
5.3
5.5
2.5
-1 .9
28
2.9
5.4
4.4
-
5.1
5.1
5.4
2.9
-
-
3.0
5.5
5.8
-
1.0
0.6
1.0
1.1
0.2
4.0
-
-0 .5
5.1
4.8
5.5
2.4
-
1.0
0.1
30
Final sales to dom estic p u rc h a s e rs ......................................................
6.3
6.4
3.5
5.4
3.2
1.........................................................................
6.4
6.0
3.0
5.0
3.3
31
Gross national p roduct..............................................................................
6.5
6.5
2.7
4.9
3.1
0.6
0.1
0.2
3.3
5.3
5.9
-0 .4
-0 .4
5.5
4.7
5.5
3.5
-0 .3
31
32
Real disposable personal in com e ..........................................................
6.2
5.3
4.3
4.5
3.4
4.6
4.6
4.8
6.1
-
1.1
2.5
3.1
3.2
4.6
2.0
0.7
32
1.7
2.8
2.7
4.2
4.9
5.4
5.2
4.5
5.7
10.1
9.1
5.5
6.6
7.1
8.7
10.4
33
1.8
2.8
2.9
4.3
4.9
5.3
5.1
4.3
5.4
9.0
9.3
5.5
6.2
7.0
8.3
9.0
35
1.4
2.5
2.5
3.9
4.5
4.7
4.3
3.4
5.4
10.4
8.4
5.5
6.5
7.0
8.9
10.7
37
, 29
30
Gross dom estic income
29
Price indexes:
33
Gross dom estic purchases..................................................................
34
Gross dom estic purchases excluding food and energy
35
G D P ..........................................................................................................
36
GDP excluding food and energy
37
Personal consum ption e xpe nd itu re s................................................
2............
34
2.....................................................
36
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.
August 2013
55
S u r v e y o f C u r r e n t B u s in e s s
Table 7. Real Gross Domestic Product: Percent Change From Preceding Year— Continues
Line
1982
1983
1984
1985
1986
1987
G ro s s d o m e s tic p ro d u c t (G D P )................................................
2.6
-1 .9
4.6
7.3
4.2
3.5
3.5
4.2
3.7
1.9
-0 .1
3.6
2.7
4.0
2.7
3.8
1
2 P erson al c o n s u m p tio n e x p e n d itu re s ...................................................
1.5
1.4
5.7
5.3
5.3
4.2
3.4
4.2
2.9
2.1
0.2
3.7
3.5
3.9
3.0
3.5
2
1
1981
1988
1989
1990
1991
1992
1993
1994
1995
1996
Line
3
G oo d s............................................................................................................
1.2
0.7
6.4
7.2
5.3
5.6
1.8
3.7
2.5
0.6
2.0
3.2
4.2
5.3
3.0
4.5
3
4
Durable g o o d s .......................................................................................
1.0
- 0.2
14.3
14.3
10.0
9.6
2.0
5.7
2.2
-0 .4
-5 .4
5.7
7.5
8.0
3.9
7.5
4
3.3
4.1
3.0
3.6
1.7
2.6
2.7
1.2
-0 .3
1.9
2.5
3.9
2.5
2.9
5
5.2
3.9
5.3
3.2
4.5
4.5
3.2
3.0
1.6
4.0
3.1
3.1
3.0
2.9
6
5
Nondurable g o o d s ................................................................................
1.3
6
S e rv ic e s .......................................................................................................
1.7
1.0
2.0
-
7 G ro s s p riv a te d o m e s tic in v e s tm e n t.....................................................
8.8
-1 3 .0
9.3
27.3
-0.1
0.2
2.8
2.5
4.0
-2 .6
-€ .6
7.3
8.0
11.9
3.2
8.8
7
8
Fixed in v e s tm e n t.......................................................................................
2.7
-6 .7
7.5
16.2
5.5
1.8
3.3
3.2
-1 .4
-5.1
5.5
7.7
8.2
6.1
8.9
8
9
N onresidential........................................................................................
-3 .6
-0 .4
16.7
6.6
-1 .7
5.0
5.7
1.1
-3 .9
2.9
7.5
7.9
9.7
9.1
9
10
11
12
S tru c tu re s ...........................................................................................
6.1
8.0
0.6
0.1
10.8
13.9
7.1
-2 .9
0.7
2.0
1.5
11.1
-€.0
-0 .3
1.8
6.4
5.7
Equipm ent...........................................................................................
3.7
-7 .6
4.6
19.4
5.5
11.0
1.1
0.4
6.6
5.3
2.1
-4 .6
5.9
12.7
12.3
12.1
9.5
Intellectual property p ro d u c ts .......................................................
10.9
6.2
7.9
13.7
9.0
7.0
3.9
7.1
11.7
8.4
6.4
6.0
4.2
4.0
7.3
11.3
10
11
12
42.0
14.8
2.3
12.4
2.0
-0 .9
-3 .2
-8 .5
-8 .9
13.8
8.2
9.0
-3 .4
8.2
13
R esidential..............................................................................................
14
Chanqe in private inventories.................................................................
-
8.2
-
1.6
-18.1
-
-
-
-
15
15 N et e x p o rts o f g o o d s a nd s e r v ic e s ......................................................
-7 .6
-
2.6
8.2
3.3
7.7
10.9
16.2
11.6
8.8
6.6
6.9
3.3
8.8
10.3
G o o d s .......................................................................................................
1.2
- 1.1
-9 .0
-2 .9
7.9
3.7
5.1
11.1
18.8
11.9
8.4
6.9
7.5
3.3
9.7
11.7
18
S ervices...................................................................................................
10.6
-
2.8
- 1 .7
8.9
2.4
14.5
10.4
9.7
10.6
9.9
5.9
5.6
3.3
6.7
19
Im p o rts .........................................................................................................
-1 .3
12.6
24.3
6.5
8.5
5.9
3.9
4.4
3.6
0.1
7.0
8.6
20
21
G o o d s ......................................................................................................
2.6
2.1
-2 .5
13.6
24.2
6.3
10.3
4.6
4.1
4.3
2.9
0.5
9.4
10.0
16
E xp o rts.........................................................................................................
17
13
14
-
8.2
8.8
16
6.6
18
11.9
6.8
8.0
8.7
19
13.4
9.0
9.4
17
S ervices...................................................................................................
5.8
5.3
8.1
25.1
7.6
1.1
11.8
3.4
4.8
6.5
2.6
-2 .7
2.7
5.3
3.0
5.2
20
21
22 G o v e rn m e n t c o n s u m p tio n e x p e n d itu re s a nd g ro s s in v e s tm e n t
1.0
1.8
3.8
3.6
6.8
5.4
3.0
1.3
2.9
3.2
1.2
0.5
-0 .8
0.1
0.5
1.0
22
23
F e d e ra l.........................................................................................................
4.5
3.7
6.5
3.3
7.9
5.9
3.8
-1 .3
1.7
2.1
-1 .5
-3 .5
-3 .5
24
National defense....................................................................................
6.2
7.2
7.3
5.2
8.8
6.9
5.1
-
0.2
0.3
0.0
- 1.0
-4 .5
-5 .1
-4 .9
1.0
2.0
-3 .6
4.7
-1 .4
5.7
3.1
-4 .3
7.2
7.3
2.4
5.9
1.3
3.8
5.7
5.0
3.9
4.0
4.1
2.2
2.1
0.0
1.2
- 0.8
0.1
0.2
2.2
2.6
^ 1.0
0.0
2.8
2.7
25
N o nd efense............................................................................................
26
State and local............................................................................................
-
0.2
-
-
-
-
1.2
23
-
1.6
24
-0 .5
25
2.4
26
27
A dd e n d a :
27
Final sales of dom estic p roduct.............................................................
1.5
-
0.6
4.3
5.4
5.4
3.8
3.1
4.4
3.5
2.1
0.2
3.3
2.7
3.4
3.2
3.8
28
G ross dom estic purchases.....................................................................
2.7
-1 .3
5.9
8.7
4.5
3.7
3.2
3.3
3.1
1.5
-0 .7
3.6
3.3
4.4
2.6
3.9
28
29
Final sales to dom estic purchasers......................................................
1.6
5.6
6.8
5.6
4.0
2.8
3.4
3.0
1.7
-0 .4
3.3
3.2
3.8
3.0
3.9
29
0.0
0.2
3.3
2.2
4.4
3.4
4.3
30
3.5
2.7
3.9
2.8
3.8
31
0.7
4.3
1.6
2.7
3.4
3.2
32
2.1
2.2
2.1
2.1
2.1
1.7
33
1.6
1.8
34
1.7
36
2.1
37
30
Gross dom estic incom e
1........................................................................
3.0
31
Gross national p ro d u c t.............................................................................
2.4
Real disposable personal in c o m e ........................................................
2.5
0.0
- 1.0
- 1.8
2.1
9.2
5.7
32
3.3
7.8
4.0
3.0
4.3
5.1
2.5
1.5
4.6
7.1
3.9
3.3
3.4
4.3
3.7
3.5
6.9
3.1
3.9
2.2
4.7
3.0
2.0
2.0
3.5
3.3
3.0
2.1
3.9
3.9
3.1
2.3
2.3
2.1
3.5
3.3
3.7
3.7
3.7
3.2
2.5
2.4
3.9
3.6
3.2
2.8
2.0
2.2
2.2
2.8
2.8
3.5
3.9
2.4
3.5
3.9
3.7
3.3
2.3
2.4
2.6
3.4
3.8
3.7
3.3
2.4
2.4
3.0
3.9
4.3
4.3
3.3
2.6
2.5
2.2
2.1
2.2
2.1
-
P ric e in de xe s:
33
Gross dom estic p urchases.................................................................
34
Gross dom estic purchases excluding food and energy
35
G D P ..........................................................................................................
36
GDP excluding food and energy
37
Personal consumption expenditures................................................
2 ...........
9.4
6.1
2....................................................
8.9
5.5
4.3
3.8
3.5
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.
35
56
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 7. Real Gross Domestic Product: Percent Change From Preceding Year—Table Ends
2003
2000
2008
2009
4.4
4.8
4.1
1.0
1.8
2.8
3.8
3.4
2.7
1.8
-0 .3
-2 .8
2.5
1.8
2.8
1
2
3
Personal consum ption expen d itu re s ....................................................
3.8
5.3
5.5
5.1
2.5
2.5
3.1
3.8
3.5
3.0
2.2
-0 .4
-1 .6
2.0
2.5
2.2
Goods.................................................................................
Durable goods..................................................................
Nondurable goods.............................................................
Services..............................................................................
4.8
8.2
2.9
3.2
6.7
12.1
3.7
4.6
7.9
12.8
5.0
4.1
5.2
8.6
3.2
5.0
3.0
5.2
1.7
2.2
3.9
7.3
1.9
1.8
4.8
7.1
3.5
2.2
5.1
8.2
3.3
3.2
4.1
5.4
3.3
3.2
3.6
4.3
3.3
2.7
2.7
4.6
1.7
2.0
-2.5
-5.1
-1.1
0.8
-3.0
-5.5
-1.8
-0.8
3.4
6.1
2.2
1.2
3.4
6.6
1.9
2.1
3.3
7.7
1.4
1.6
2
3
4
5
6
7
8
9
10
11
12
13
14
G ross private dom estic in vestm en t......................................................
11.4
9.5
8.4
6.5
-6 .1
-0 .6
4.1
8.8
6.4
-9 .4
-2 1 .6
12.9
4.9
9.5
Fixed investment..................................................................
Nonresidential..................................................................
8.6
10.8
7.3
11.1
13.0
2.4
10.2
10.8
5.1
13.1
10.8
8.6
8.8
9.7
0.1
12.5
12.4
6.3
6.9
9.1
7.8
9.7
8.9
0.7
-1.6
-3.5
-2.4
-6.9
-1.5 -17.7
-4.3 -5.4
0.5 -0.5
0.9
6.1
4.0
1.9
-3.9
3.2
3.8
9.1
6.7
5.2
-0.4
7.7
5.1
10.0
6.8
7.0
1.7
9.6
6.5
6.6
2.0 -2.0
-6.8
7.1
5.9 -0.7
7.2
12.7
6.1
3.2 -6.9
8.6
4.5
4.8
3.0
-7.6 -18.8 -24.0
-16.7
-15.6
-18.9
-22.9
-1.4
-21.2
1.5
2.5
-16.4
15.9
1.9
-2.5
6.2
7.6
2.1
12.7
4.4
0.5
8.3
7.3
12.7
7.6
3.4
12.9
15
16
17
18
19
?n
21
Net exports of goods and s ervices........................................................
11.9
14.4
5.9
13.5
14.4
8.7
2.3
2.2
2.6
11.7
11.8
10.9
4.6
5.9
1.4
11.4
12.7
4.7
8.4
10.1
3.9
12.8
13.1
11.0
-5.7
-6.2
-4.3
-2.9
-3.2
-0.9
1.6
1.9
1.0
4.3
4.9
1.3
9.4
8.5
11.6
11.0
11.1
10.5
6.0
7.4
3.0
6.1
6.7
3.1
5.7 -9.1
6.1 -12.0
4.8 -2.1
-2.6 -13.7
-3.7 -15.8
-3.1
3.1
11.5
14.3
5.6
12.8
15.2
2.8
7.1
7.1
7.0
4.9
5.2
3.1
3.5
3.8
3.0
2.2
2.1
2.7
22
23
24
25
26
G overnm ent consum ption expenditures and gross investm ent.
1.9
2.1
3.4
1.9
3.8
4.4
2.2
1.6
Federal................................................................................
National defense...............................................................
Nondefense......................................................................
State and local.....................................................................
-0.8
-2.7
2.8
3.6
-0.9
-2.1
1.3
3.8
2.0
1.5
2.7
4.2
0.3
-0.9
2.3
2.8
3.9
3.5
4.7
3.7
7.2
7.0
7.4
2.9
6.8
8.5
4.1
-0.4
4.5
6.0
2.0
-0.1
4.0
4.7
4.2
5.1
4.4
3.7
4.5
5.5
5.6
5.3
4.4
5.9
4.9
5.7
5.7
4.5
4.9
3.3
4.2
4.8
4.8
4.7
4.2
5.0
1.9
1.1
2.0
1.1
1.1
2.8
1.2
2.3
1.8
1.4
1.7
3.1
2.8
3.1
3.1
2.2
2.9
2.7
1.5
1.5
1.7
1.8
1.7
0.7
0.9
1.1
1.2
0.8
1.6
1.5
1.4
1.5
1.5
2.6
2.2
2.3
2.3
2.5
1.9
1.8
2.3
2.0
1.9
1.4
1.6
1.5
1.8
1.3
2.2
1.9
2.0
1.9
2.0
Structures.....................................................................
Equipment....................................................................
Intellectual property products...........................................
Residential.......................................................................
Exports...............................................................................
Goods..............................................................................
Services..........................................................................
Imports................................................................................
Goods..............................................................................
Services..........................................................................
-1.9
-3.5
2.3
3.4
3.7
1.8
2005
2006
2.1
-3 .1
2010
2011
1999
4.5
5
6
2004
2007
1998
G ross dom estic product (G D P )..................................................
4
2001
2002
1997
1
Line
2012 Line
7
8
9
10
11
12
13
14
15
16
17
18
19
?n
21
8.9
9.4
7.7
6.1
5.9
7.4
8.9
7.5
12.3
2.3
1.8
4.7
0.6
1.5
1.6
2.8
3.2
0.1
-3 .2
-1 .0
1.7
2.0
1.3
0.0
2.5
2.0
3.5
0.9
1.7
2.5
0.3
1.5
6.8
7.5
5.5
0.3
5.7
5.4
6.2
1.6
4.4
3.2
6.4
-2.7
-2.6
-2.3
-3.0
-3.6
-1.4
-3.2
1.8
-0.7
22
23
24
25
26
3.4
4.2
3.9
3.7
3.9
3.6
3.4
3.5
3.5
3.6
3.3
1.5
2.6
2.6
2.6
4.0
2.4
4.0
2.0
1.1
1.4
0.1
2.2
2.1
0.2
-1.3
-0.9
-0.8
0.0
1.5
-2.0
-3.8
-3.0
-2.6
-3.0
-0.5
1.0
2.9
1.5
2.7
2.8
1.1
2.0
1.7
1.8
2.5
2.1
2.4
2.6
2.6
2.4
2.5
2.7
2.0
27
28
29
30
31
32
2.9
2.7
2.7
2.7
2.4
3.5
3.2
3.2
3.4
2.9
3.2
3.0
3.1
3.1
2.7
2.7
2.5
2.7
2.6
2.5
3.0
2.3
1.9
2.1
3.1
-0.2
0.5
0.8
0.5
-0.1
1.5
1.3
1.2
1.4
1.7
2.3
1.7
2.0
1.8
2.4
1.7
1.6
1.7
1.7
1.8
33
34
3^
36
37
Addenda:
27
28
29
30
31
32
Final sales of domestic product..............................................
Gross domestic purchases....................................................
Final sales to domestic purchasers.........................................
Gross domestic income 1.......................................................
Gross national product..........................................................
Real disposable personal income...........................................
Price indexes:
33
34
3S
36
37
Gross domestic purchases.................................................
Gross domestic purchases excluding food and energy 2.........
GDP................................................................................
GDP excluding food and energy 2........................................
Personal consumption expenditures....................................
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.
August 2013
57
S u r v e y o f C u r r e n t B u s in e s s
Table 7A. Gross Domestic Product: Levels, Percent Change from Preceding Year, and Revision to Percent Change
Billions of dollars
Year
Gross
dom estic
product
Revision to percent change from preceding y e a r 2
Percent change from preceding year
Gross
Exports
Personal
private
of goods
consum ption
dom estic
and
expenditures
investment services
Imports
of goods
and
services
Exports Im ports
G ross
Exports Imports
Gross
Personal
Gross
Personal
Gross
G overn
private
of goods of goods Govern
of goods of goods G overn
private
dom estic consumption
dom estic consum ption
ment 1
m e n t1
and
dom estic
and
-m e n t 1
dom estic
and
and
product expenditures
product expenditures
investm ent services services
investm ent services services
1965...........
743.7
443.6
129.6
37.1
31.5
164.9
8.4
7.9
15.6
1966...........
815.0
480.6
144.2
40.9
37.1
186.4
9.6
8.3
11.2
6.1
10.2
12.2
6.0
0.0
17.5
13.0
0.1
-
0.0
-0 .3
0.0
0.0
0.3
0.1
0.2
0.0
0.0
-0 .3
-
1967...........
861.7
507.4
142.7
43.5
39.9
208.1
5.7
5.6
-
1.0
6.2
7.7
11.6
0.0
0.0
1.1
0.0
0.0
1968...........
942.5
557.4
156.9
47.9
46.6
226.8
9.4
9.9
10.2
16.6
9.0
0.1
1969...........
1,019.9
604.5
173.6
51.9
50.5
240.4
8.2
8.4
10.0
10.6
8.4
8.5
6.0
0.0
0.0
0.0
0.2
- 0.2
0.0
0.0
0.0
0.0
0.2
1970...........
1,075.9
647.7
170.1
59.7
55.8
254.2
5.5
7.1
-
2.0
15.0
10.4
5.7
0.0
0.0
0.6
0.0
0.0
0.2
1971...........
1,167.8
701.0
196.8
63.0
62.3
269.3
8.5
8.2
15.7
5.4
11.8
6.0
1972...........
1,282.4
769.4
228.1
70.8
74.2
288.2
9.8
9.8
15.9
12.5
19.0
7.0
0.0
- 0.1
0.0
0.0
0.0
0.0
1.2
- 0.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.6
0.1
-0 .9
0.0
-0 .9
0.0
0.0
-
0.6
0.0
0.0
0.0
0.0
0.3
0.0
0.0
0.0
1.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
- 0.2
0.0
0.0
0.0
0.1
0.2
0.6
- 0.2
1973...........
1,428.5
851.1
266.9
95.3
91.2
306.4
11.4
10.6
17.0
34.5
22.8
6.3
1974...........
1,548.8
932.0
274.5
126.7
127.5
343.1
8.4
9.5
2.8
32.9
39.8
12.0
-
1975...........
1,688.9
1,032.8
257.3
138.7
122.7
382.9
9.0
10.8
-6 .3
9.5
-3 .7
1976...........
1,877.6
1,150.2
323.2
149.5
151.1
405.8
11.4
25.6
7.8
23.2
11.6
6.0
1977...........
2,086.0
1,276.7
396.6
159.4
182.4
435.8
11.2
11.1
11.0
22.7
6.6
20.7
7.4
1978...........
2,356.6
1,426.2
478.4
186.9
212.3
477.4
13.0
11.7
16.3
9.6
2,632.1
1,589.5
539.7
230.1
252.7
525.5
11.7
11.5
20.6
12.8
17.3
1979...........
23.1
19.0
10.1
1980...........
2,862.5
1,754.6
530.1
280.8
293.8
590.8
-
1.8
22.0
16.3
12.4
3,210.9
1,937.5
631.2
305.2
317.8
654.7
8.8
12.2
10.4
1981...........
10.4
19.1
8.7
8.1
10.8
1982...........
3,345.0
2,073.9
581.0
283.2
303.2
710.0
4.2
7.0
8.0
-7 .2
-4 .6
8.4
-
-
1983...........
3,638.1
2,286.5
637.5
277.0
328.6
765.7
9.7
2.2
8.4
7.8
4,040.7
2,498.2
820.1
302.4
405.1
825.2
8.8
11.1
10.3
1984...........
9.3
28.6
9.2
23.3
7.8
-0 .3
0.1
0.2
0.2
- 0.2
0.0
0.0
0.0
0.0
0.0
-
0.0
0.0
0.0
0.1
0.2
-
-
0.1
0.1
0.0
0.0
0.0
0.1
0.1
-
-
0.8
0.8
1.4
1.2
- 1.1
-
-
-0 .3
1.6
0.6
- 1.8
1985...........
4,346.7
2,722.7
829.6
303.2
417.2
908.4
7.6
9.0
1.2
0.3
3.0
10.1
0.3
0.3
1.1
0.4
1986...........
4,590.1
2,898.4
849.1
321.0
452.9
974.5
5.6
6.5
2.3
5.9
8.5
7.3
4,870.2
3,092.1
892.2
363.9
508.7
1,030.8
6.1
6.7
5.1
13.4
12.3
5.8
1988...........
5,252.6
3,346.9
937.0
444.6
554.0
1,078.2
7.9
8.2
5.0
22.2
8.9
4.6
0.3
0.2
- 0.2
0.2
1989...........
5,657.7
3,592.8
999.7
504.3
591.0
1,151.9
7.7
7.3
6.7
13.4
6.7
6.8
0.1
- 0.2
0.0
0.0
0.9
1987...........
0.2
- 0.1
0.2
0.2
0.2
0.0
6.5
7.5
-
4.8
0.1
0.0
0.1
-0 .3
1.0
1.8
-0 .3
1.0
0.0
0.2
0.2
1990...........
5,979.6
3,825.6
993.5
551.9
629.7
1,238.4
5.7
6.5
-
0.6
9.4
1991...........
6,174.0
3,960.2
944.3
594.9
623.5
1,298.2
3.3
3.5
-4 .9
7.8
1992...........
6,539.3
4,215.7
1,013.0
633.0
667.8
1,345.4
5.9
6.5
7.3
6.4
7.1
3.6
1993...........
6,878.7
4,471.0
1,106.8
654.8
720.0
1,366.1
5.2
9.3
3.4
7.8
1.5
1994...........
7,308.7
4,741.0
1,256.5
720.9
813.4
1,403.7
6.3
6.1
6.0
13.5
10.1
13.0
1995 ...........
7,664.0
4,984.2
1,317.5
812.8
902.6
1,452.2
4.9
5.1
4.9
12.7
1 996...........
8, 100.2
5,268.1
1,432.1
867.6
964.0
1,496.4
5.7
5.7
8.7
6.7
1997 ...........
8,608.5
5,560.7
1,595.6
953.8
1,055.8
1,554.2
6.3
5.6
11.4
1998...........
9,089.1
5,903.0
1,735.3
952.9
1,115.7
1,613.5
5.6
6.2
-
1999...........
9,665.7
6,316.9
1,884.2
989.2
1,250.6
1,726.0
6.3
7.0
8.8
8.6
2000...........
10,289.7
6,801.6
2,033.8
1,094.3
1,474.4
1,834.4
6.5
7.7
7.9
2001...........
2002...........
10,625.3
7,106.9
1,928.6
1,028.8
1,397.8
1,958.8
3.3
4.5
10,980.2
7,385.3
1,925.0
1,004.7
1,429.7
2,094.9
3.3
3.9
-
-
-
-
-
0.0
0.2
0.0
- 0 .4
0.3
-0 .9
2.8
0.1
0.0
0.0
-
11.0
3.4
0.2
6.8
3.0
0.0
0.0
0.1
- 0.1
0.1
0.0
0.0
0.0
- 0.2
-
0.0
- 0.2
-
-0 .4
0.4
-1 .5
0.0
0.0
0.0
0.2
- 0.2
0.0
0.1
0.7
0.2
0.1
-0 .3
6.8
0.2
- 2 .3
2.3
7.0
-
1,544.3
2 ,220.8
4.8
5.1
5.3
3.9
8.0
1,797.9
2,357.4
6.6
6.4
12.3
13.4
16.4
6.0
6.1
2 00 5 ...........
13,095.4
8,790.3
2,527.1
1,310.4
2,026.1
2,493.7
6.7
6.4
10.8
12.8
12.7
5.8
10.6
0.2
0.1
0.2
-
0.3
-
0.6
0.0
- 0.1
-
0.3
2 00 6 ...........
13,857.9
9,297.5
2,680.6
1,478.5
2,240.9
2,642.2
5.8
5.8
11.0
6.1
2 00 7 ...........
14,480.3
9,744.4
2,643.7
1,665.7
2,375.5
2,801.9
4.5
4.8
-1 .4
12.7
6.0
6.0
6.0
-0 .4
-0 .3
1.0
0.0
-0 .3
2 00 8 ...........
14,720.3
10,005.5
2,424.8
1,843.1
2,556.4
3,003.2
1.7
2.7
-8 .3
10.6
7.6
7.2
-
0.0
0.7
-0 .5
2 00 9 ...........
14,417.9
9,842.9
1,878.1
1,583.8
1,976.0
3,089.1
0.2
0.1
3.3
-
2010...........
2011...........
2012
14,958.3
10,201.9
2 , 100.8
1,843.5
2,362.0
3,174.0
15,533.8
10,711.8
2,232.1
2, 101.2
2,669.9
16,244.6
11,149.6
2,475.2
2,195.9
2,743.1
1. Government consumption expenditures and gross investment
2. Revised percent change less the previously published percent change
1.6
-2 2 .5
-14.1
-2 2 .7
2.9
3.7
3.6
11.9
16.4
19.5
2.7
3,158.7
3.8
5.0
6.2
14.0
13.0
-0 .5
3,167.0
4.6
4.1
10.9
4.5
2.7
0.3
-
2.1
-
0.1
0.1
0.1
0.0
-5 .2
1,183.1
0.6
0.9
0.7
-5 .2
0.1
- 0.1
1,043.4
0.5
0.2
0.2
6.3
2,027.9
-0 .7
0.2
7.0
17.9
2,276.7
0.0
-0 .9
0.0
0.0
12.1
7,764.4
0.0
0.0
0.1
0.0
3.8
10.6
- 6.0
8,257.8
-0 .7
0.1
1.0
3.8
11,512.2
0.1
-0 .3
0.0
0.0
- 0.1
3.9
5.7
0.6
0.0
0.0
1.1
-0 .7
0.1
0.0
0.1
9.5
12,277.0
1.6
- 0.6
0.0
0.0
9.9
2 00 3 ...........
-0 .3
0.3
0.0
0.2
0.1
2 00 4 ...........
-
0.6
0.1
- 0.2
0.6
-
0.1
0.3
0.1
0.1
- 0 .5
0.4
0.1
0.0
0.1
0.0
- 0.1
0.0
0.2
0.0
-
0.2
- 0.6
0.2
0.3
-0 .3
0.5
0.0
-
0.5
-0 .3
0.2
-0 .4
-
0.3
-
0.1
-0 .4
-0 .3
-
0.2
-0 .4
-
0.2
0.6
0.2
58
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 7B. Real Gross Domestic Product: Levels, Percent Change from Preceding Year, and Revision to Percent Change
Gross
dom estic
product
Personal
con
sumption
expendi
tures
1 9 6 5 ...........
3,972.9
2,376.1
1 9 6 6 ...........
4,234.9
2,510.6
1 9 6 7 ...........
4,351.2
1 9 6 8 ...........
1 9 6 9 ...........
Gross
private
dom estic
invest
ment
Revision to percent change from preceding y e a r 2
Percent change from preceding year
Billions of chained (2009) dollars
Personal
Gross
Exports Imports
con
private
Gross
of goods of goods
Residual dom estic sumption dom estic
and
and
product expendi
invest
services services
ment
tures
Personal Gross
Exports Imports
Gross
con
private
of goods of goods
G overn
dom estic sum ption dom estic
and
m e n t1
and
product expendi invest
services services
tures
ment
Exports
of goods
and
services
Imports
of goods
and
services
G overn
m e n t1
529.6
136.1
162.8
1,224.2
-1 3 0 .3
6.5
6.3
13.8
2.8
10.6
3.2
0.1
0.0
577.1
145.5
187.1
1,331.0
-1 4 2 .2
6.6
5.7
9.0
6.9
14.9
8.7
2,585.6
556.9
148.9
200.7
1,436.4
-1 7 5 .9
2.7
3.0
-3 .5
2.3
7.3
7.9
0.1
0.2
4,564.7
2,734.1
590.2
160.6
230.6
1,485.7
-1 7 5 .3
4.9
5.7
6.0
7.8
14.9
3.4
0.0
0.0
- 0.1
4,707.9
2,836.3
623.1
168.4
243.7
1,488.0
-1 6 4 .2
3.1
3.7
5.6
4.8
5.7
0.2
1 9 7 0 ...........
4,717.7
2,903.1
585.2
186.5
254.1
1,457.7
-1 6 0 .7
0.2
2.4
-
6.1
10.8
4.3
Year
1 9 7 1 ...........
4,873.0
3,013.9
645.5
189.6
267.7
1,431.0
-1 3 9 .3
3.3
3.8
10.3
1.7
5.3
2.0
- 1.8
1 9 7 2 ...........
5,128.8
3,198.7
718.2
203.9
297.8
1,424.2
-1 1 8 .4
5.2
6.1
11.3
7.5
11.2
-0 .5
1 9 7 3 ...........
5,418.2
3,357.3
796.8
242.3
311.6
1,419.6
-
86.2
5.6
5.0
10.9
18.9
4.6
-0 .3
1 9 7 4 ...........
5,390.2
3,329.6
744.0
261.5
304.6
1,451.8
-92 .1
-0 .5
- 0.8
6.6
7.9
-2 .3
2.3
-
1 9 7 5 ...........
5,379.5
3,405.2
623.5
259.8
270.7
1,483.8
-
122.1
- 0.2
2.3
-1 6 .2
1 9 7 6 ...........
5,669.3
3,595.1
742.5
271.1
323.6
1,491.6
-1 0 7 .4
5.4
5.6
19.1
-
0.6
-
0.1
0.0
0.0
- 0.1
- 0.1
- 0.2
0.1
0.0
0.0
0.2
0.0
0.0
1.1
0.2
- 0.2
0.0
- 0.1
0.0
0.0
0.0
0.0
0.5
-0 .5
0.1
0.0
0.0
0.8
0.8
0.0
0.0
0.0
0.0
- 0.1
0.0
1.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
1.0
0.0
- 2.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.1
0.2
-
-
1.1
11.1
2.2
0.0
0.0
19.6
0.5
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.1
0.1
0.8
0.3
0.9
0.0
0.1
0.2
-
1 9 7 7 ...........
5,930.6
3,746.6
848.4
277.7
359.0
1,509.2
-9 2 .3
4.6
4.2
14.3
2.4
10.9
1.2
6,260.4
3,911.3
946.6
306.9
390.1
1,553.7
-
68.0
5.6
4.4
11.6
10.5
8.7
2.9
1 9 7 9 ...........
6,459.2
4,004.2
979.8
337.4
396.6
1,582.6
-4 8 .2
3.2
2.4
3.5
9.9
1.7
1.9
1 9 8 0 ...........
6,443.4
3,991.6
881.2
373.7
370.3
1,612.5
-4 5 .3
4,050.8
958.7
378.3
380.0
1,628.0
-2 5 .2
1.5
10.1
8.8
10.8
1.2
-
6,610.6
0.2
2.6
-0 .3
1 9 8 1 ...........
6.6
2.6
1.0
-7 .6
-1 .3
1.8
2.6
8.2
12.6
3.8
24.3
3.6
0.1
0.2
3.3
6.5
6.8
7.7
8.5
5.4
0.1
0.0
-
0.1
0.0
0.0
0.0
0.0
0.2
-
4.4
1 9 7 8 ...........
-
0.0
1.9
-
1.1
-
0.8
-0 .5
0.3
0.9
-
0.2
0.0
1 9 8 2 ...........
6,484.3
4,108.4
833.7
349.4
375.2
1,658.0
-9 0 .0
-1 .9
1.4
-1 3 .0
19 8 3 ...........
6,784.7
4,342.6
911.5
340.4
422.6
1,721.6
-1 0 8 .8
4.6
5.7
9.3
1 9 8 4 ...........
7,277.2
4,571.6
1,160.3
368.2
525.4
1,783.2
-8 0 .7
7.3
5.3
27.3
1 9 8 5 ...........
7,585.7
4,812.0
1,159.5
380.5
559.5
1,904.0
-
110.8
4.2
5.3
-
1 9 8 6 ...........
7,852.1
5,014.1
1,161.3
409.7
607.3
2,007.7
-1 3 3 .4
3.5
4.2
1 9 8 7 ...........
8,123.9
5,183.7
1,194.4
454.4
643.3
2,066.9
-1 3 2 .2
3.5
3.4
2.8
10.9
5.9
3.0
0.3
0.3
-0 .3
1 9 8 8 ...........
8,465.4
5,400.5
1,223.8
528.0
668.6
2,094.8
-113.1
4.2
4.2
2.5
16.2
3.9
1.3
1 9 8 9 ...........
8,777.0
5,558.2
1,273.4
589.1
698.0
2,155.1
-
100.8
3.7
2.9
4.0
11.6
4.4
2.9
0.1
0.1
0.2
0.1
0.1
0.0
1 9 9 0 ...........
8,945.4
5,672.7
1,240.6
641.1
723.0
2,224.3
-1 1 0 .3
1.9
3.6
3.2
0.0
0.1
0.8
8,938.9
5,685.7
1,158.8
683.6
721.9
2,250.9
-1 1 8 .2
2.6
- 6.6
8.8
1 9 9 1 ...........
2.1
0.2
0.1
1.2
0.1
0.2
0.0
1.5
0.0
0.0
0.0
0.1
0.0
0.0
-
0.1
-
-
6.6
-
19 9 2 ...........
9,256.7
5,896.6
1,243.7
730.9
772.5
2,262.1
-104.1
3.6
3.7
7.3
6.9
7.0
19 9 3 ...........
9,510.8
6,101.5
1,343.1
754.8
839.3
2,243.3
-9 2 .6
2.7
3.5
8.0
3.3
8.6
1 9 9 4 ...........
9,894.7
6,338.1
1,502.3
821.5
939.5
2,245.5
-7 3 .2
4.0
3.9
11.9
8.8
11.9
0.8
0.1
1 9 9 5 ...........
10,163.7
6,527.7
1,550.8
905.9
1,014.6
2,257.5
-6 3 .6
2.7
3.0
3.2
10.3
8.0
0.5
1 9 9 6 ...........
10,549.5
6,755.7
1,686.7
980.0
1,102.9
2,279.2
-4 9 .2
3.8
3.5
8.8
8.2
8.7
1.0
1 9 9 7 ...........
11,022.9
7,010.0
1,879.0
1,096.8
1,251.4
2,322.0
-3 3 .5
4.5
3.8
11.4
11.9
13.5
1.9
1 9 9 8 ...........
11,513.4
7,384.8
2,058.3
1,122.4
1,397.7
2,370.5
-2 4 .9
4.4
5.3
9.5
2.3
11.7
2.1
1 9 9 9 ...........
12,071.4
7,788.1
2,231.4
1,174.1
1,556.4
2,451.7
-1 7 .5
4.8
5.5
8.4
4.6
11.4
3.4
2000 ...........
2001 ...........
2002 ...........
12,565.2
8,182.1
2,375.5
1,272.4
1,755.1
2,498.2
-7 .9
4.1
5.1
12,684.4
8,387.5
2,231.4
1,200.5
1,704.7
2,592.4
-2 2 .7
2.5
12,909.7
8,600.4
2,218.2
1,178.1
1,763.0
2,705.8
-2 9 .8
3.1
4.1
3.8
8.8
2 0 0 3 ...........
13,270.0
8,866.2
2,308.7
1,197.2
1,838.8
2,764.3
-2 7 .6
1.0
1.8
2.8
2 0 0 4 ...........
13,774.0
9,205.6
2,511.3
1,309.3
2,041.2
2,808.2
-1 9 .2
3.8
0.3
- 0.8
0.1
0.1
-0 .9
0.2
0.3
0.1
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.1
0.0
- 1.0
0.2
- 0.1
-
0.0
0.2
- 0.2
4.4
1.6
4.3
0.3
0.3
9.4
11.0
2.2
1.6
0.8
0.2
0.3
0.5
-1 .3
0.9
-0 .7
0.6
0.1
0.8
-
2,672.6
1,388.4
2,165.5
2,826.2
-1 3 .9
3.4
3.5
6.4
6.0
0.3
1,512.4
2,298.6
2,869.3
-
12.8
2.7
3.0
2.1
8.9
6.1
6.1
0.6
2,730.0
1.5
2 0 0 7 ...........
14,876.8
10,035.5
2,644.1
1,647.3
2,350.9
2,914.4
-1 3 .6
1.8
2.2
-3.1
8.9
2.3
2 0 0 8 ...........
14,833.6
9,999.2
2,396.0
1,741.8
2,288.7
2,994.8
-9 .5
-0 .3
-0 .4
0.0
- 0.1
0.0
0.1
0.1
- 0.1
0.2
2 0 0 9 ...........
14,417.9
9,842.9
1,878.1
1,583.8
1,976.0
3,089.1
0.0
2010...........
2011...........
2012
14,779.4
10,035.9
2,120.4
1,765.6
2,228.1
3,091.4
-5 .8
2.5
15,052.4
10,291.3
2,224.6
1,890.5
2,336.4
2,992.3
-9 .9
15,470.7
10,517.6
2,436.0
1,957.4
2,388.2
2,963.1
-1 5 .2
1.8
2.8
1. Government consumption expenditures and gross investment
-
0.8
0.4
0.3
-0 .3
0.4
0.1
- 0.2
5.7
2.6
21.6
-9.1
-1 3 .7
3.2
0.3
0.3
2.0
12.9
11.5
12.8
0.1
4.9
7.1
4.9
-3 .2
0.2
0.0
2.2
9.5
3.5
2.2
-
0.1
0.0
0.6
-
2.5
0.3
-0 .3
0.1
-
1.0
0.6
0.0
0.2
0.0
0.1
0.0
0.0
0.1
-0 .4
- 0 .4
0.1
0.0
0.0
0.0
- 0.2
-
- 0.1
0.0
-
0.0
-9 .4
-
-
3.2
0.1
1.6
2.8
1.6
0.2
-0 .7
0.0
0.1
0.0
0.0
0.0
- 0.1
0.1
- 0.2
-
-
0.1
0.1
-0 .5
3.4
9,814.9
-
-0 .5
-1 .9
0.2
0.1
0.1
0.0
- 0.1
9,527.8
0.2
0.1
- 0.2
0.2
0.1
0.0
- 0.1
- 0.1
1.9
0.9
0.4
0.0
0.0
0.0
- 0.1
3.8
-0 .3
0.4
0.4
0.0
12.8
14,615.2
2. Revised percent change less the previously published percent change
Note. Users are cautioned that particularly for components that exhibit rapid change in prices relative to other
-0 .4
0.3
0.2
-2 .9
14,235.6
-
-0 .5
0.1
0.2
0.1
0.0
0.0
0.2
8.4
2 0 0 5 ...........
2.8
-
-5 .7
2 0 0 6 ...........
-
-1 .7
-
0.0
0.0
0.0
0.0
0.0
0.2
6.5
-
0.0
0.1
0.0
-
0.2
-
0.0
0.1
-
6.1
- 0.6
-
2.5
0.5
-
G overn
m ent 1
-0 .3
0.0
0.2
0.3
0.1
0.3
0.2
-
0.1
0.7
prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative
importance or its contribution to the growth rate of more aggregate series. For accurate estimates of the contributions to percent changes in real GDP, use table 2. See “Explanatory Note” at the end of the tables.
August 2013
59
S u r v e y o f C u r r e n t B u s in e s s
Table 7C. Chain-Type Price Indexes for Gross Domestic Product, Percent Change from Preceding Year, and Revision to Percent Change
Chain-type price indexes, 2009=100
Year
Revision to percent change from preceding y e a r 2
Percent change from preceding year
Personal G ross
Personal G ross Exports Im ports
Personal Gross E xports Im ports
Gross
Gross
E xports Imports
Gross
con
con
Gross
private
of
of
of
Gross
con
private
private
Gross
of
G overn dom estic
G overn dom estic
of goods of goods G overn dom estic
goods
goods
dom estic sumption dom estic
dom estic sumption dom estic goods
dom estic sumption dom estic goods
p ur
m e n t1
m e n t1
p ur
and
and
m e n t1
pur
and
product expendi in vest
and
product expendi invest
and
and
product expendi invest
chases
chases
services services
chases
ment
tures
tures
ment services services
ment services services
tures
1965.......
18.744
18.680
24.601
27.290
19.361
13.470
18.321
1.5
3.2
1.4
2.7
1.7
19.270
19.155
25.104
28.115
19.812
14.006
18.829
1.8
2.8
1.4
1966.......
2.5
3.0
2.3
4.0
2.8
1 967.......
19.830
19.637
25.748
29.192
19.889
14.486
19.346
2.9
2.5
2.0
2.6
3.8
0.4
3.4
2.7
1968.......
20.673
20.402
26.715
29.828
20.191
15.264
20.163
4.3
3.9
3.8
2.2
1.5
5.4
4.2
1969.......
21.692
21.326
27.995
30.838
20.717
16.157
21.149
4.9
4.5
4.8
3.4
2.6
5.9
4.9
0.0
0.0
- 0.2
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
-0 .3
-
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0 .3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0 .3
-
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-
-
0.0
0.0
0.6
0.0
- 0.1
- 0.1
- 1.1
0.1
0.2
0.0
0.0
-
-
-0 .3
0.0
0.1
- 0.1
0.1
0.1
0.0
0.2
- 0.8
0.0
- 0.1
1972.......
25.038
24.070
31.925
34.749
24.922
20.241
24.498
4.3
3.4
4.2
4.7
7.0
7.5
1 973.......
26.399
25.367
33.664
39.319
29.254
21.583
25.888
5.4
5.4
5.4
13.2
17.4
6.6
5.7
0.0
0.1
0.0
- 0.1
1974.......
28.763
28.008
37.022
48.441
41.853
23.635
28.510
9.0
10.4
10.0
23.2
43.1
9.5
10.1
0.0
0.0
0.0
0.0
0.0
0.0
1975.......
31.435
30.347
41.457
53.390
45.337
25.809
31.116
9.3
8.4
12.0
10.2
8.3
9.2
9.1
1976.......
33.161
32.012
43.749
55.143
46.702
27.210
32.821
5.5
5.5
5.5
3.3
3.0
5.4
5.5
1977.......
35.213
34.091
46.973
57.389
50.817
28.873
34.977
6.2
6.5
7.4
4.1
8.8
6.1
6.6
1978.......
37.685
36.479
50.779
60.886
54.406
30.724
37.459
7.0
7.0
8.1
6.1
7.1
6.4
7.1
1 979.......
40.795
39.713
55.337
68.214
63.710
33.206
40.729
8.3
8.9
9.0
12.0
17.1
8.1
8.7
0.2
- 0.2
- 0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1 980.......
44.485
43.977
60.516
75.132
79.356
36.641
44.962
9.0
10.7
9.4
10.1
24.6
10.3
10.4
0.1
1 981.......
48.663
47.907
66.162
80.686
83.621
40.215
49.087
9.4
8.9
9.3
7.4
5.4
9.8
9.2
1982.......
51.630
50.552
69.675
81.057
80.802
42.822
51.875
6.1
5.5
5.3
0.5
-3 .4
6.5
5.7
0.0
0.0
0.0
0.0
0.0
0.0
- 0.2
0.2
0.6
0.2
0.2
0.2
0.0
-
0.6
0.1
0.0
0.2
0.2
- 0.1
0.0
0.0
0.1
0.0
0.0
0.8
0.1
0.2
0.1
0.2
0.1
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.6
- 0.1
0.0
0.0
0.0
0.0
0.0
0.1
0.2
1970.......
22.835
22.325
29.200
32.020
21.943
17.439
22.287
5.3
4.7
4.3
3.8
5.9
7.9
5.4
1971.......
23.996
23.274
30.647
33.202
23.290
18.823
23.449
5.1
4.3
5.0
3.7
6.1
7.9
5.2
4.5
1983.......
53.664
52.728
69.889
81.377
77.774
44.478
53.696
3.9
4.3
0.3
0.4
-3 .7
3.9
3.5
1984.......
55.570
54.723
70.643
82.131
77.102
46.272
55.482
3.6
3.8
1.1
0.9
-0 .9
4.0
3.3
-
-
0.0
0.0
-
0.0
0.2
0.0
- 0.1
- 0.1
0.0
0.4
1985.......
57.347
56.660
71.517
79.692
74.570
47.710
57.150
3.2
3.5
1.2
-3 .0
-3 .3
3.1
3.0
58.510
57.886
73.124
78.343
74.567
48.536
58.345
2.0
2.2
-1 .7
59.941
59.649
74.647
80.096
79.083
49.868
59.985
2.4
3.0
2.2
0.0
6.1
1.7
1987.......
2.2
2.1
2.7
2.1
2.8
1988.......
62.042
61.973
76.523
84.198
82.866
51.468
62.091
3.5
3.9
2.5
5.1
4.8
3.2
3.5
1989.......
64.455
64.640
78.470
85.599
84.677
53.450
64.515
3.9
4.3
2.5
1.7
2.2
3.9
3.9
1990.......
66.848
67.439
80.108
86.081
87.104
55.673
67.039
3.7
4.3
2.1
4.2
3.9
-
-0 .3
0.2
-
69.063
69.651
81.460
87.032
86.377
57.672
69.111
3.3
3.3
1.7
0.6
1.1
2.9
1991.......
3.6
3.1
-
-0 .3
0.3
-
1 992.......
70.639
71.493
81.431
86.608
86.445
59.473
70.719
2.3
2.6
0.3
-
72.322
73.277
82.396
86.747
85.783
60.893
72.323
2.4
2.5
0.0
1.2
-0 .3
1993.......
0.8
0.1
- 0.8
0.3
1994.......
73.859
74.802
83.608
87.758
86.588
62.510
73.835
2.1
2.1
1.5
0.1
0.2
1995.......
75.402
76.354
84.933
89.724
88.960
64.324
75.420
1996.......
76.776
77.980
84.870
88.527
87.409
65.656
76.728
2.1
1.8
2.1
2.1
1997.......
78.097
79.326
84.922
86.962
84.370
66.932
77.851
1.7
1.7
1.6
- 0.1
0.1
1998.......
78.944
79.934
84.309
84.902
79.828
68.068
78.358
1.1
0.8
-0 .7
-
3.1
2.3
2.4
2.3
0.9
2.7
2.1
2.7
2.9
2.1
-1 .3
-1 .7
2.1
1.7
1.8
-3 .5
1.9
1.5
-2 .4
-5 .4
1.7
0.7
-0 .5
0.2
1.2
2.2
-
1999.......
80.071
81.109
84.439
84.248
80.354
70.403
79.578
1.4
1.5
0.2
0.8
0.7
3.4
1.6
2000.......
2001.......
2002.......
81.894
83.128
85.625
86.006
84.008
73.431
81.641
2.3
2.5
1.4
2.1
4.5
4.3
2.6
83.767
84.731
86.436
85.699
81.999
75.559
83.206
2.3
1.9
0.9
-0 .4
-2 .4
2.9
1.9
85.055
85.872
86.783
85.281
81.098
77.426
84.359
1.5
1.3
0.4
-0 .5
-
1.1
2.5
1.4
2 00 3.......
86.754
87.573
87.841
87.151
83.984
80.341
86.196
2.0
2.0
1.2
2.2
3.6
3.8
2.2
2 00 4.......
89.130
89.703
90.646
90.364
88.084
83.947
88.729
2.7
2.4
3.2
3.7
4.9
4.5
2.9
2 00 5.......
91.989
92.260
94.544
94.379
93.560
88.235
91.850
3.2
2.9
4.3
4.4
6.2
5.1
3.5
2 00 6.......
94.816
94.728
98.180
97.759
97.491
92.086
94.782
3.1
2.7
3.8
3.6
4.2
4.4
3.2
100.001 101.119 101.050
96.140
-
0.2
0.1
1986.......
-
0.2
-0 .4
-
0.1
0.1
-
0.2
0.2
- 0.1
0.2
0.0
-
0.1
- 0.1
- 0.2
- 0.2
- 0.1
0.5
0.3
0.1
0.0
- 0.1
- 0.1
- 0.2
0.1
0.0
- 0.1
- 0.1
- 0.1
0.0
0.0
- 0.1
0.0
- 0.2
0.3
0.3
0.0
0.0
0.1
- 0.2
0.0
- 0.1
0.1
0.2
0.2
0.0
0.0
0.1
0.1
-
-0 .3
0.0
0.1
0.1
0.8
0.2
0.1
- 0.1
- 0.1
0.0
0.1
0.2
- 0.1
0.1
0.4
-
0.1
0.0
0.0
0.0
0.0
- 0.1
200 7 .......
97.338
97.370
2.7
2.5
1.9
3.4
3.7
4.4
2.7
2 0 0 8 .......
99.208
100.063 101.028 105.815 111.695 100.282 100.243
1.9
3.1
4.6
10.5
4.3
3.0
-0 .3
200 9 .......
100.000
100.000 100.000 100.000 100.000 100.000 100.000
0.8
0.1
1.0
- 1.0
-5 .5
-1 0 .5
-0 .3
0.2
-
2010.......
2011.......
2012
101.215
101.654
1.7
-0 .9
4.4
6.0
2.7
1.5
-
103.203
104.086 100.364 111.140 114.273 105.560 103.884
1.2
2.0
2.4
1.3
6.4
7.8
2.8
2.3
105.008
106.009 101.646 112.185 114.862 106.882 105.599
1.7
1.8
1.3
0.9
0.5
1.3
1.7
99.109 104.415 106.008 102.673 101.528
1. Government consumption expenditures and gross investment
2. Revised percent change less the previously published percent change
-
-
0.0
0.0
- 0.1
- 0.1
0.0
- 0.1
0.1
- 0.1
- 0.2
97.099
-
-
0.1
0.1
- 0.1
- 0.1
0.1
0.0
- 0.2
- 0.2
- 0.2
-
0.2
0.0
0.0
0.3
0.5
0.4
-0 .5
-
- 0.2
0.1
0.0
0.0
0.0
0.0
0.0
0.0
-
0.1
- 0.2
-0 .7
-
0.6
0.8
- 1.2
- 0.8
0.0
-
-
0.0
0.0
0.0
0.1
0.1
- 0.1
- 0.2
0.2
0.2
- 0.2
0.0
-
-
0.1
0.3
0.2
0.3
0.2
- 0.1
-0 .4
0.2
0.1
0.1
0.0
0.0
0.0
- 0.2
0.2
0.2
-0 .3
0.1
0.1
0.5
-0 .3
0.0
0.2
0.2
0.2
- 0.1
0.2
-
0.0
0.0
- 0.1
0.0
0.0
0.0
0.1
0.0
0.0
- 0.1
- 0.1
0.3
0.2
0.2
- 0.2
- 0.2
0.0
0.3
-
-0 .5
-
-0 .7
-
-0 .4
-
-0 .4
-
0.6
-0 .5
0.1
0.2
0.0
60
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 8. Real Gross Domestic Product: Percent Change From Quarter One Year Ago—Continues
2007
2008
2009
Line
Line
I
1
II
III
I
IV
II
III
IV
I
II
III
IV
Gross dom estic product (G D P )...............................................................
1.2
1.7
2.3
1.9
1.1
0.9
-0 .3
-2 .8
-3 .5
-4 .1
-3 .3
-0 .2
1
2 Personal consum ption expenditures (P C E )....................................................
2.7
2.5
2.3
1.5
0.7
0.5
-0 .7
-2 .0
-2.1
-2 .7
-1 .3
-0.1
2
-4 .8
-5 .8
-
2.2
0.9
3
-1 0 .4
2.5
4
0.2
- 0.6
6
2.8
-
6.2
3
G o o d s .........................................................................................................................
3.1
3.3
3.0
1.5
-0 .4
-0 .5
-
4
Durable g o o d s......................................................................................................
3.8
5.4
5.1
4.1
0.0
-1 .7
-5 .8
-1 2 .9
5
Nondurable g o o d s...............................................................................................
2.7
-0 .7
-2 .7
2.5
1.5
1.3
0.2
1.1
-1 .3
S e rvice s.....................................................................................................................
1.8
2.0
0.1
6
2.2
2.1
10.1
- 2.1
0.5
0.2
- 0 .7
-
-3 .5
-
-3.1
-
1.8
1.1
-0 .9
5
7 Gross private dom estic inve s tm e n t....................................................................
-4 .9
-2 .9
-2 .5
-2 .2
-4 .6
-7 .6
-9 .6
-1 5 .9
-2 3 .0
-2 6 .4
-2 4 .9
-1 1 .0
7
8
Fixed investm en t......................................................................................................
-3.1
-1 .9
-1 .5
-1 .4
-3 .0
-4 .6
-7.1
-1 2 .5
-1 7 .7
-1 9 .7
-17.1
-1 1 .9
8
9
N onreside ntia l......................................................................................................
4.9
5.6
6.0
7.1
5.3
2.7
1.6
-8 .9
-1 5 .5
-1 7 .7
-1 6 .5
-
10
11
12
S tructu re s.........................................................................................................
8.5
11.0
14.2
17.1
13.5
9.4
3.8
-
1.2
-9 .0
-1 7 .2
-2 2 .3
-27.1
E qu ip m e nt........................................................................................................
2.3
3.1
3.3
4.0
1.5
2.2
-7 .7
-1 9 .0
-2 7 .3
-2 8 .0
-23.1
-1 1 .5
Intellectual property p ro du cts......................................................................
6.6
5.5
3.5
3.8
4.5
4.5
3.2
0.0
-3.1
-2 .5
-1 .3
13
R e sid e n tia l............................................................................................................
-1 8 .4
-1 7 .5
-1 8 .2
-2 1 .3
-24 .1
-2 4 .4
-2 3 .2
-2 4 .3
-2 5 .7
-2 7 .0
-1 9 .5
14
Change in private in ve n to rie s..............................................................................
6.1
- 2 .9
-1 1 .7
-1 4 .0
-1 0 .4
7.4
-3 .2
-15 .1
-1 8 .2
-1 3 .7
-
2.2
-3 .8
^ .1
-2 .4
-
-
-
12.2
9
1.3
10
11
12
10.8
13
14
15 N et exports of goods and serv ice s .....................................................................
15
16
E x p o rts ......................................................................................................................
7.3
7.2
11.3
9.8
9.6
17
G oo d s.....................................................................................................................
6.3
9.3
8.4
9.6
18
S e rv ic e s ................................................................................................................
6.2
10.2
10.8
11.2
9.6
16.2
13.2
9.5
9.7
3.0
19
Im p orts.......................................................................................................................
3.6
2.8
-
0.1
-1 .4
-3 .3
-5 .9
-1 5 .7
-1 8 .5
-1 3 .8
-
6.2
19
G oods.....................................................................................................................
3.4
2.4
2.0
1.2
0.7
20
21
0.4
- 0.8
-1 .9
-4 .3
-7 .9
-1 8 .3
-2 1 .7
-1 5 .9
-
6.6
20
21
-
16
0.2
17
1.9
18
S e rv ic e s ................................................................................................................
4.5
5.3
6.7
2.3
3.5
1.4
2.4
5.2
2.2
-3 .5
22 G overnm ent consum ption expenditures and gross investm ent.............
1.0
1.5
2.0
1.8
2.4
2.3
3.0
3.3
3.0
4.1
3.2
2.3
22
-0 .4
1.3
3.2
2.7
5.8
7.1
8.4
5.8
7.3
5.7
3.9
23
23
F ederal.......................................................................................................................
24
National d e fe n s e .................................................................................................
25
N o ndefense..........................................................................................................
26
State and lo c a l.........................................................................................................
-
0.6
2.2
1.9
-
2.2
0.4
-
-4 .3
1.9
4.8
2.5
6.4
6.0
6.2
8.1
9.4
5.2
7.5
5.3
3.6
24
0.1
1.6
0.2
2.9
4.6
5.8
5.1
6.5
6.9
7.0
6.5
4.6
25
1.3
1.2
0.4
0.2
0.6
0.2
1.3
2.1
1.6
1.3
26
1.9
2.5
2.0
1.4
1.3
1.4
0.9
0.1
Addenda:
1.6
1.0
1.4
0.2
2.6
-3 .0
-
-1 .5
-3 .3
-4 .5
-5 .2
-4.1
-
0.3
0.6
0.0
1.1
- 2 .7
-3 .7
-4.1
-0 .3
-0 .5
-0 .3
2.2
-3 .9
-3 .9
2.7
1.9
1.5
-3 .3
-3 .9
1.2
1.3
3.2
0.0
0.6
1.1
27
Final sales of dom estic p ro d u c t..........................................................................
28
Gross dom estic p u rc h a s e s ...................................................................................
29
Final sales to dom estic p u rc h a s e rs ...................................................................
1.4
1.5
1.6
1.0
30
Gross dom estic income ' ......................................................................................
0.7
0.7
-0 .3
-0 .7
31
Gross national product...........................................................................................
1.2
1.8
2.9
Real disposable personal in com e .......................................................................
2.4
2.5
2.4
32
-
-
-
-
2.2
-
2.1
-0 .4
27
1.2
28
-2 .9
-1 .4
29
-3 .0
0.3
30
-4 .5
-3 .5
31
0.0
-1 .3
0.0
0.1
- 0.6
32
Price indexes:
33
Gross dom estic purchases...............................................................................
2.7
2.6
2.4
3.1
3.0
3.3
3.7
1.9
0.4
-0 .5
34
Gross dom estic purchases excluding food and energy
2.........................
2.8
2.5
2.4
2.5
2.3
2.5
2.0
35
G D P .......................................................................................................................
3.0
2.4
2.5
1.9
1.9
GDP excluding food and energy
2..................................................................
3.0
2.4
2.5
2.2
1.8
2.2
1.1
1.6
36
2.8
2.6
2.6
2.1
2.4
1.7
0.9
0.6
1.0
0.6
2.1
2.0
2.0
1.8
0.0
1.2
0.6
2.0
37
P C E .........................................................................................................................
2.3
2.3
38
PCE excluding food and energy
2..................................................................
2.4
39
Market-based PCE
3..........................................................................................
Market-based PCE excluding food and energy 3.......................................
2.2
2.0
2.2
2.0
40
2.3
3.3
3.3
3.5
4.0
1.5
2.2
2.1
2.3
2.2
1.6
3.4
3.4
3.7
4.5
1.9
2.1
2.1
2.3
2.5
2.2
-
1.1
0.0
0.3
33
0.5
34
0.3
0.4
35
0.1
0.6
36
-0 .5
-0 .9
1.2
37
1.2
0.0
2.1
1.0
- 0.6
1.4
38
1.5
39
1.7
1.8
40
1.Gross domestic income deflated by the implicit price deflator for gross domestic product.
3. This index is a supplemental measure that is based on household expenditures for which there are observ2.
Food excludes personal consumption expenditures for purchased meals and beverages, which are dassiable price measures. It excludes most implicit prices (for example, financial services furnished without payment)
fied in food services.
and the final consumption expenditures of nonprofit institutions serving households.
August 2013
61
S u r v e y o f C u r r e n t B u s in e s s
Table 8. Real Gross Domestic Product: Percent Change From Quarter One Year Ago— Table Ends
2010
2011
2012
2013
Line
Line
I
1
II
III
IV
I
II
III
I
IV
II
III
IV
I
II
G ross dom estic product (G D P )...............................................................
1.6
2.7
3.0
2.8
2.0
1.9
1.5
2.0
3.3
2.8
3.1
2.0
1.3
1.4
1
2 Personal consum ption expenditures (P C E )....................................................
0.7
2.0
2.0
3.1
3.1
2.6
2.5
2.0
2.2
2.3
2.2
2.0
1.9
1.8
2
3
G oo d s..........................................................................................................................
1.8
3.8
3.0
5.1
4.8
3.5
2.9
2.3
2.7
3.2
3.9
3.5
3.3
3.6
3
4
Durable g o o d s .....................................................................................................
3.6
7.4
4.1
9.3
9.3
5.9
5.5
5.7
6.8
7.8
8.6
7.8
6.9
7.8
4
5
Nondurable g o o d s ..............................................................................................
2.5
3.3
1.7
0.7
0.9
1.2
1.7
1.6
1.7
1.7
5
1.1
1.6
2.1
2.8
2.2
2.5
S e rv ic e s .....................................................................................................................
1.0
0.2
2.2
6
2.2
2.3
1.9
2.0
1.9
1.4
1.3
1.1
0.9
6
7 G ross private dom estic in v e s tm e n t...................................................................
3.9
16.3
21.1
11.1
5.5
3.7
1.1
9.3
14.3
10.1
11.2
3.1
1.7
4.4
7
-4 .4
2.6
2.6
5.5
5.1
4.0
7.7
10.5
9.5
6.5
6.8
4.3
4.7
8
6.4
8
Fixed in v e s tm e n t.....................................................................................................
9
N o nreside ntia l......................................................................................................
-4 .3
1.5
4.9
8.1
6.8
8.4
8.1
8.6
10.4
9.0
5.0
5.0
2.4
2.4
9
10
11
S tru c tu re s .........................................................................................................
-2 6 .7
-1 8 .4
-1 3 .8
-4 .0
-5 .5
-
1.2
6.7
8.3
20.4
13.9
8.5
9.3
-0 .3
-0 .3
E quipm ent.........................................................................................................
6.7
16.4
19.7
20.9
16.2
11.4
12.0
11.6
10.7
10.9
4.8
4.5
2.9
2.6
12
Intellectual p roperty p ro d u c ts ......................................................................
2.6
1.0
2.2
1.8
3.1
4.9
4.7
4.9
4.2
3.5
2.8
2.9
3.5
4.0
10
11
12
13
Resid en tia l............................................................................................................
-4 .5
7.0
-6 .9
-5 .2
6.0
4.6
5.6
10.7
11.6
13.6
15.5
12.9
14.9
13
14
Change in private in ventories...............................................................................
14
15 Net exports of goods and s e rv ic e s ....................................................................
15
-
1.6
-
16
E xp o rts.......................................................................................................................
10.8
13.1
12.4
9.8
9.1
7.9
6.9
4.6
4.7
4.4
2.8
2.4
17
G o o d s .....................................................................................................................
13.9
17.9
14.8
11.0
9.3
7.3
6.6
5.4
4.7
5.1
4.0
1.4
18
S ervices.................................................................................................................
4.4
3.6
7.3
7.0
8.5
9.2
7.7
2.7
4.6
2.9
0.2
4.7
19
Im p o rts .......................................................................................................................
6.7
16.7
16.3
11.7
9.3
4.6
2.3
3.5
3.0
3.4
2.4
0.1
20
21
G oo d s.....................................................................................................................
8.3
20.3
19.0
13.5
10.8
4.8
2.2
3.4
2.6
3.4
0.0
-
1.0
0.2
2.8
0.1
- 0.2
1.4
16
0.2
17
3.9
18
1.8
19
1.5
S ervices.................................................................................................................
0.1
2.2
5.0
3.7
2.3
3.3
2.8
3.9
5.2
3.9
2.6
1.2
0.5
1.8
3.2
20
21
22 G overnm ent consum ption expenditures and gross in vestm en t.............
1.4
0.3
-0 .3
-1 .1
-2 .3
-3 .3
-3 .9
-3 .3
-1 .7
-1 .3
0.2
-1 .1
-1 .8
- 2 .0
22
23
F e d e ra l.......................................................................................................................
5.7
4.5
4.0
3.2
-0 .5
-
2.1
-3 .8
-3 .9
-
- 2 .3
0.7
-2 .3
- 3 .8
^ .1
23
24
National defe nse ..................................................................................................
5.4
2.9
2.0
-1 .4
-1 .3
-2 .5
-4 .2
-5 .0
-
6.3
7.4
5.5
1.0
-3 .5
-
6.2
-3 .3
5.1
2.6
0.3
6.1
- 0.8
24
N o n d e fe n se ..........................................................................................................
26
State and lo cal..........................................................................................................
-1 .3
-2 .4
-4.0
- 3 .6
-4 .2
-3 .9
2.8
^ .0
0.8
- 0.6
-1 .7
25
2.6
6.6
1.8
- 2.2
- 1.2
- 1.6
0.2
-0 .3
-0 .5
-0 .5
26
27
-3.1
-
-
6.2
-
25
Addenda:
27
Final sales of dom estic pro du ct...........................................................................
0.4
1.0
0.8
2.0
2.0
1.9
2.4
1.8
2.7
2.7
2.5
2.5
1.7
1.5
28
G ross dom estic p urcha ses....................................................................................
1.3
3.4
3.8
3.2
2.3
3.1
2.7
3.1
1.5
28
0.2
2.0
2.0
- 0.2
1.7
1.6
2.5
2.2
1.7
2.5
2.6
2.4
1.6
2.1
1.2
Final sales to dom estic purcha sers....................................................................
1.5
1.5
29
2.8
3.6
2.5
2.9
28
1.0
1.8
2.0
1.9
29
1.6
1.6
2.3
3.1
2.4
20
26
3.1
3.1
2.8
2.3
2.1
1.9
2.3
3.2
2.8
29
18
18
12
0.3
1.8
2.5
3.7
2.3
2.2
1.4
1.3
1.8
1.3
3.6
0.3
0.7
32
1......................................................................................
30
G ross dom estic incom e
31
G ross national p ro d u c t...........................................................................................
32
Real disposable personal in c o m e .......................................................................
30
^1
P rice indexes:
33
G ross dom estic p u rcha ses...............................................................................
1.4
1.6
1.6
1.6
1.8
2.5
2.7
2.3
2.2
1.5
1.4
1.5
1.3
G ross dom estic purchases excluding food and e n e rg y 2 .........................
1.0
1.4
1.4
1.4
1.6
1.5
1.5
1.3
0.5
1.6
1.4
35
1.4
1.9
1.7
1.5
1.8
1.6
1.6
1.5
1.4
36
37
P C E ........................................................................................................................
1.1
2.1
1.8
1.6
1.7
G DP excluding food and e n e rg y 2 ..................................................................
1.8
1.6
1.9
36
1.6
1.6
1.8
1.4
1.3
1.7
1.8
1.8
1.8
2.6
1.9
G D P ........................................................................................................................
1.8
2.0
1.9
35
1.2
1.1
1.1
1.2
33
34
2.4
1.7
1.6
1.7
1.4
1.1
37
1.3
1.3
1.3
1.6
1.8
2.0
1.9
1.8
1.7
1.5
1.2
38
1.2
1.0
1.1
1.0
1.6
1.1
1.7
2.6
3.0
2.7
2.5
1.7
1.5
1.5
1.3
1.0
0.7
0.9
1.3
1.6
1.9
2.0
1.9
1.7
1.5
1.4
1.0
1.1
40
38
PCE excluding food and energy
39
M arket-based PCE
40
2 ..................................................................
3...........................................................................................
Market-based PCE excluding food and e n e rg y 3........................................
1.6
2.1
1.4
1.9
2.2
2.0
2.5
2.8
34
39
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
3. This index is a supplemental measure that is based on household expenditures for which there are observ2. Food excludes personal consumption expenditures for purchased meals and beverages, which are classiable price measures. It excludes most implicit prices (for example, financial services furnished without payment)
tied in food services.
and the final consumption expenditures of nonprofit institutions serving households.
62
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 9. Relation of Gross Domestic Product, Gross National Product, and National Income— Continues
[Billions of dollars]
2002
Line
1 G ro s s d o m e s tic p r o d u c t ................................................................................
2 Plus: Income receipts from the rest of the w o rld .......................................
2003
2004
2006
2005
2008
2007
2010
2009
2012
2011
Line
10,980.2
11,512.2
12,277.0
13,095.4
13,857.9
14,480.3
14,720.3
14,417.9
14,958.3
15,533.8
16,244.6
315.8
356.1
451.4
575.8
724.2
875.5
856.8
643.7
720.0
802.8
818.6
1
2
3 Less: Income paym ents to the rest of the w o rld ........................................
267.2
288.1
361.4
482.3
655.7
749.1
683.8
496.5
514.1
542.1
565.7
3
4 E qu a ls: G ro s s n a tio n a l p r o d u c t.................................................................
11,028.8
11,580.3
12,367.1
13,189.0
13,926.3
14,606.8
14,893.2
14,565.1
15,164.2
15,794.6
16,497.4
4
5 Less: Consumption of fixed c a p ita l................................................................
1,662.1
1,727.2
1,831.7
1,982.0
2,136.0
2,264.4
2,363.4
2,368.4
2,381.6
2,452.6
2,542.9
5
6 Less: Statistical d is c re p a n c y ..........................................................................
-70.1
12.1
-6 .5
-3 3 .8
-2 1 5 .3
20.2
99.0
72.2
43.1
-5 3 .7
-1 7 .0
6
7 E qu a ls: N a tion a l in c o m e ...............................................................................
9,436.8
9,865.1
10,541.9
11,240.8
12,005.6
12,322.3
12,430.8
12,124.5
12,739.5
13,395.7
13,971.6
7
8
C ompensation of em ployees.......................................................................
6,141.9
6,365.4
6,740.5
7,087.8
7,503.2
7,899.1
8,079.2
7,787.8
7,967.3
8,278.5
8,611.6
8
9
Wages and salaries...................................................................................
4,996.4
5,138.8
5,422.9
5,692.9
6,058.2
6,396.0
6,532.8
6,252.2
6,377.5
6,638.7
6,926.8
9
10
11
Supplem ents to wages and s a la rie s ....................................................
1,145.5
1,226.6
1,317.6
1,394.8
1,444.9
1,503.1
1,546.4
1,535.6
1,589.8
1,639.8
1,684.9
10
Proprietors’ incom e with inventory valuation and capital
consumption a dju stm e nts.......................................................................
871.0
900.1
962.1
979.0
1,053.7
979.2
1,026.5
973.0
1,032.7
1,155.1
1,224.9
11
12
Rental incom e of persons with capital consumption a d ju s tm e n t......
217.3
238.0
255.4
238.4
207.5
189.4
262.1
333.7
402.8
484.4
541.2
12
13
C orporate profits with in ventory valuation and capital consum ption
adjustm ents.................................................................................................
907.2
1,056.4
1,283.3
1,477.7
1,646.5
1,529.0
1,285.1
1,392.6
1,740.6
1,877.7
2,009.5
13
14
Net interest and m iscellaneous p a ym e n ts ..............................................
490.5
466.2
403.5
496.8
580.9
663.4
693.4
563.1
489.4
456.9
439.6
14
15
Taxes on production and im ports less subsidies....................................
721.2
758.9
817.6
873.6
940.5
980.0
989.4
967.8
1,001.2
1,037.2
1,065.6
15
16
Business current transfer paym ents (n e t)...............................................
80.7
76.3
81.4
93.9
82.6
98.6
116.4
127.2
128.5
129.6
106.9
16
Current surplus of governm ent e n te rp ris e s ............................................
7.0
3.9
1.8
-6 .4
-9 .3
-1 6 .4
20.6
-2 2 .9
-2 3 .8
-2 7 .7
17
11,050.3
11,524.3
12,283.5
13,129.2
14,073.2
14,460.1
14,345.7
14,915.2
15,587.5
16,261.6
18
17
-
-
-
21.2
-
Addendum :
18
Gross dom estic in c o m e ...............................................................................
14,621.2
Seasonally adjusted at annual rates
2007
Line
2008
Line
2009
I
II
III
IV
I
II
III
IV
I
II
III
IV
1 G ro s s d o m e s tic p r o d u c t...............................................................................
14,235.0
14,424.5
14,571.9
14,690.0
14,672.9
14,817.1
14,844.3
14,546.7
14,381.2
14,342.1
14,384.4
14,564.1
2 Plus: Income receipts from the rest of the w o rld .......................................
803.0
869.0
911.6
918.6
906.0
899.4
876.1
745.5
628.9
616.3
640.5
689.0
1
2
3 Less: Income paym ents to the rest of the w o rld ........................................
733.4
777.3
762.7
722.9
724.2
714.2
673.2
623.6
506.3
496.7
474.0
509.0
3
4 E qu a ls: G ro s s n a tio n a l p r o d u c t.................................................................
14,304.5
14,516.2
14,720.7
14,885.7
14,854.6
15,002.4
15,047.3
14,668.6
14,503.8
14,461.7
14,550.9
14,744.2
4
5 Less: Consum ption of fixed c a p ita l................................................................
2,227.4
2,253.7
2,276.5
2,299.8
2,327.7
2,353.0
2,379.7
2,393.0
2,385.6
2,367.0
2,355.2
2,365.8
5
6 Less: Statistical d is c re p a n c y ..........................................................................
-1 4 9 .7
-6 1 .3
115.5
176.2
51.0
133.9
122.2
89.0
111.5
98.4
74.2
4.8
6
7 E qu a ls: N a tio n a l in c o m e ...............................................................................
12,226.7
12,323.9
12,328.8
12,409.6
12,475.9
12,515.5
12,545.3
12,186.6
12,006.6
11,996.4
12,121.5
12,373.6
7
8
8
Compensation of employees.......................................................................
7,833.0
7,867.9
7,902.8
7,992.8
8,079.4
8,078.1
8,095.7
8,063.6
7,763.0
7,791.2
7,774.9
7,822.1
9
Wages and salaries...................................................................................
6,348.8
6,372.0
6,394.6
6,468.7
6,540.5
6,532.4
6,544.7
6,513.7
6,231.3
6,257.0
6,239.8
6,280.8
9
10
11
Supplem ents to wages and s a la rie s ....................................................
1,484.2
1,495.9
1,508.2
1,524.1
1,538.9
1,545.7
1,551.0
1,549.9
1,531.8
1,534.2
1,535.0
1,541.3
10
Proprietors’ income with inventory valuation and capital
consum ption a dju stm e nts.......................................................................
992.3
972.8
966.0
985.5
1,017.7
1,045.9
1,040.9
1,001.3
944.2
944.6
976.9
1,026.3
12
Rental incom e of persons with capital consum ption a dju stm e nt......
177.9
189.6
192.9
197.2
225.3
250.0
273.4
299.8
310.8
325.0
344.4
354.6
11
12
13
Corporate profits with in ventory valuation and capital consum ption
adju stm e nts.................................................................................................
1,530.9
1,596.9
1,518.1
1,470.0
1,383.4
1,367.6
1,371.3
1,017.9
1,252.7
1,295.5
1,449.6
1,572.5
13
14
Net interest and m iscellaneous p a y m e n ts ..............................................
634.2
639.9
682.1
697.6
691.4
688.5
678.1
715.6
668.0
560.2
514.4
509.8
14
15
Taxes on production and im ports less subsidies...................................
972.5
973.8
982.8
990.8
986.2
996.3
997.2
977.7
958.9
963.9
963.1
985.3
15
112.6
20.2
-
16
Business current transfer paym ents (n e t)...............................................
101.5
98.8
99.6
94.3
17
Current surplus of governm ent e n te rp ris e s ............................................
-1 5 .7
-1 5 .7
-1 5 .6
-1 8 .8
14,384.6
14,485.8
14,456.4
14,513.7
-
110.4
110.1
132.6
130.9
136.3
117.7
123.8
16
21.2
-2 1 .5
-2 1 .9
-
21.8
-2 0 .4
-1 9 .5
-2 0 .7
17
14,683.2
14,722.1
14,457.8
14,269.7
14,243.7
14,310.1
14,559.3
18
Addendum :
18
G ross dom estic in c o m e ...............................................................................
14,621.9
August 2013
63
S u r v e y o f C u r r e n t B u s in e s s
Table 9. Relation of Gross Domestic Product, Gross National Product, and National Income—Table Ends
[Billions of dollars]
Seasonally adjusted at annual rates
2010
Line
I
1 G ross dom estic p roduc t.....................................................
? Plus: Income receipts from the rest of the w o rld .............
3 Less: Income paym ents to the rest of the w o rld ..............
4 Equals: G ross national product.......................................
II
2011
III
IV
I
II
2012
III
IV
I
II
IV
I
II
14,672.5 14,879.2 15,049.8 15,231.7 15,242.9 15,461.9 15,611.8 15,818.7 16,041.6 16,160.4 16,356.0 16,420.3 16,535.3 16,633.4
696.5
711.9
720.5
751.2
772.5
804.5
493.0
506.7
520.8
535.7
524.2
554.2
14,875.9 15,084.3 15,249.5 15,447.2 15,491.2 15,712.1
1
822.3
812.0
818.0
814.4
812.0
829.8
813.3
?
550.1
539.7
570.0
555.7
564.4
572.8
575.9
3
4
15,884.0 16,091.0 16,289.6 16,419.2 16,603.7 16,677.3 16,772.7
5 Less: Consum ption of fixed c a p ita l....................................
2,369.8
2,374.9
2,382.5
2,399.1
2,417.9
2,443.4
2,465.1
2,483.9
2,507.6
2,533.7
2,555.1
2,575.0
2,603.8
fi Less: Statistical d iscre pa n cy................................................
45.1
85.4
-0 .7
42.7
-8 3 .3
-5 1 .7
-8 3 .0
3.4
-6 3 .0
10.1
86.4
-1 0 1 .7
-1 4 4 .2
7 Equals: National in c o m e ....................................................
Line
2013
III
12,461.0 12,624.0 12,867.8 13,005.4 13,156.7 13,320.4 13,502.0 13,603.6 13,845.0 13,875.3 13,962.1
2,631.2
5
fi
7
14,204.0 14,313.1
8
C om pensation of e m ployees............................................
7,804.3
7,952.7
8,026.5
8,085.7
8,207.4
8,256.3
8,343.3
8,306.9
8,514.3
8,553.8
8,591.0
8,787.4
8,736.9
8,805.9
9
W ages and sa la rie s ........................................................
6,239.6
6,365.5
6,426.4
6,478.6
6,577.6
6,621.0
6,698.0
6,658.2
6,842.2
6,873.5
6,904.7
7,086.6
7,029.7
7,090.0
9
10
11
S upplem ents to wages and sa larie s ..........................
1,564.7
1,587.2
1,600.1
1,607.1
1,629.9
1,635.4
1,645.3
1,648.7
1,672.1
1,680.3
1,686.2
1,700.9
1,707.2
1,715.9
10
P roprietors’ incom e with inventory valuation and
capital consum ption a d ju stm e n ts...............................
1,017.6
1,024.7
1,029.2
1,059.3
1,116.5
1,140.7
1,175.3
1,188.0
1,214.4
1,217.8
1,220.0
1,247.5
1,334.6
1,334.9
11
12
Rental in com e of persons with capital consum ption
a d ju stm e n t........................................................................
380.5
397.3
408.3
425.0
458.5
475.5
489.9
513.5
524.8
537.8
546.7
555.4
574.9
585.8
12
13
C orporate profits with inventory valuation and capital
consum ption a djustm ents.............................................
1,655.2
1,660.8
1,807.0
1,839.2
1,755.0
1,868.7
1,893.8
1,993.4
1,979.9
1,998.4
2,012.3
2,047.2
2,020.6
14
Net interest and m iscellaneous paym ents....................
508.0
485.8
482.2
481.6
473.8
436.7
459.7
457.5
453.9
419.0
455.3
430.3
477.0
450.2
14
15
Taxes on production and im ports less su bsid ie s........
987.3
998.7
1,006.9
1,012.1
1,026.5
1,040.0
1,035.4
1,046.9
1,066.6
1,064.6
1,062.8
1,068.6
1,082.7
1,079.4
15
16
Business current transfer paym ents (n e t).....................
129.3
126.5
131.1
127.0
142.6
125.6
128.3
121.8
115.7
110.0
102.6
99.5
121.9
125.7
16
17
Current s urplus of governm ent ente rp rise s..................
-
22.6
-2 3 .5
-2 4 .3
-2 3 .8
-23.1
-2 3 .7
-2 4 .4
-2 4 .5
-26 .1
-2 8 .5
-3 1 .8
-3 5 .5
-3 8 .9
17
21.2
-
8
13
A ddendum :
18
Gross dom estic in com e .....................................................
14,627.4 14,793.7 15,050.5 15,189.0 15,326.2 15,513.6 15,694.9 15,815.3 16,104.6 16,150.3 16,269.6 16,522.0 16,679.5
18
64
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 10. Personal Income and Its Disposition— Continues
[Billions of dollars]
2002
Line
2003
2004
2005
2007
2006
2008
2010
2009
2012
2011
Line
1 Personal incom e 1 .....................................................................................
9,149.5
9,487.6
10,049.2
10,610.3
11,389.8
11,995.7
12,430.6
12,082.1
12,435.2
13,191.3
13,743.8
1
2
Com pensation of em ployees.................................................................
6,141.9
6,365.4
6,740.5
7,087.8
7,503.2
7,899.1
8,079.2
7,787.8
7,967.3
8,278.5
8,611.6
2
3
W ages and sa larie s.............................................................................
4,996.4
5,138.8
5,422.9
5,692.9
6,058.2
6,396.0
6,532.8
6,252.2
6,377.5
6,638.7
6,926.8
3
4
S upplem ents to wages and s a la rie s ..............................................
1,145.5
1,226.6
1,317.6
1,394.8
1,444.9
1,503.1
1,546.4
1,535.6
1,589.8
1,639.8
1,684.9
4
5
Proprietors’ income with inventory valuation and capital
consumption a d ju stm e n ts.................................................................
871.0
900.1
962.1
979.0
1,053.7
979.2
1,026.5
973.0
1,032.7
1,155.1
1,224.9
5
6
F a rm ........................................................................................................
19.9
38.0
50.4
46.4
36.0
38.1
47.0
35.5
46.0
72.6
75.4
6
7
N o n fa rm .................................................................................................
851.1
862.0
911.6
932.6
1,017.7
941.1
979.5
937.5
986.7
1,082.6
1,149.6
7
217.3
238.0
255.4
238.4
207.5
189.4
262.1
333.7
402.8
484.4
541.2
8
1,420.5
1,503.7
1,666.5
1,938.4
2,166.6
2,167.1
1,811.8
1,739.6
1,884.6
1,958.5
9
8
Rental income of persons with capital consumption adjustm ent
9
Personal incom e receipts on a s s e ts ...................................................
1,390.4
10
11
12
Personal interest incom e...................................................................
991.8
988.2
941.7
1,088.1
1,214.7
1,350.1
1,361.6
1,263.9
1,195.0
1,204.1
1,211.6
10
Personal dividend in c o m e .................................................................
398.6
432.3
562.1
578.3
723.7
816.5
805.4
547.9
544.6
680.5
746.9
Personal current transfer re c e ip ts ........................................................
1,280.3
1,342.9
1,416.7
1,512.0
1,609.6
1,722.8
1,884.0
2,140.2
2,276.9
2,306.9
2,358.3
11
12
13
Less: Contributions for government social insurance, dom estic
751.5
779.3
829.2
873.3
922.6
961.4
988.2
964.4
984.1
918.2
950.7
13
14 Less: Personal current ta x e s ....................................................................
1,050.3
1,000.9
1,046.0
1,208.5
1,352.1
1,487.9
1,435.2
1,144.9
1,191.5
1,404.0
1,498.0
14
15 Equals: Disposable personal in co m e ................................................
8,099.2
8,486.7
9,003.2
9,401.8
10,037.7
10,507.9
10,995.4
10,937.2
11,243.7
11,787.4
12,245.8
15
16 Less: Personal outla ys................................................................................
7,695.3
8,075.9
8,590.0
9,159.1
9,700.8
10,190.6
10,444.0
10,266.5
10,609.5
11,119.1
11,558.4
16
17 Equals: Personal s a v in g .........................................................................
403.9
410.8
413.2
242.7
336.9
317.2
551.3
670.7
634.2
668.2
687.4
17
5.0
4.8
4.6
2.6
3.4
3.0
5.0
6.1
5.6
5.7
5.6
18
9,163.8
9,300.5
9,623.4
9,861.5
10,324.5
10,579.9
10,540.0
9,941.9
9,993.0
10,457.1
10,740.1
19
9,431.7
9,691.0
10,036.7
10,190.5
10,596.4
10,821.8
10,988.4
10,937.2
11,060.8
11,324.6
11,551.6
20
18
Personal saving as a percentage of disposable personal income
Addenda:
19
Personal incom e excluding current transfer receipts, billions of
chained (2009) dollars 2....................................................................
20
Disposable personal income, billions of chained (2009) dollars
2
Seasonally adjusted at annual rates
2007
Line
1 Personal incom e 1 .....................................................................................
2
Compensation of employees.................................................................
2008
2009
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
11,816.2
11,944.3
12,042.9
12,179.7
12,361.7
12,512.5
12,474.2
12,373.9
12,038.5
12,098.7
12,056.7
12,134.4
7,833.0
7,867.9
7,902.8
7,992.8
8,079.4
8,078.1
8,095.7
8,063.6
7,763.0
7,791.2
7,774.9
7,822.1
1
2
3
W ages and salaries.............................................................................
6,348.8
6,372.0
6,394.6
6,468.7
6,540.5
6,532.4
6,544.7
6,513.7
6,231.3
6,257.0
6,239.8
6,280.8
3
4
S upplem ents to wages and s a la rie s ..............................................
1,484.2
1,495.9
1,508.2
1,524.1
1,538.9
1,545.7
1,551.0
1,549.9
1,531.8
1,534.2
1,535.0
1,541.3
4
5
Proprietors’ incom e with inventory valuation and capital
consumption a d ju stm e n ts.................................................................
992.3
972.8
966.0
985.5
1,017.7
1,045.9
1,040.9
1,001.3
944.2
944.6
976.9
1,026.3
5
6
F a rm ........................................................................................................
39.2
34.3
35.2
43.8
55.6
50.0
42.8
39.6
30.2
31.9
35.7
44.1
6
N o n fa rm .................................................................................................
953.2
938.5
930.9
941.8
962.2
995.9
998.1
961.7
914.0
912.8
941.2
982.2
7
177.9
189.6
192.9
197.2
225.3
250.0
273.4
299.8
310.8
325.0
344.4
354.6
8
7
8
Rental income of persons with capital consum ption adjustment
9
Personal incom e receipts on a s s e ts ...................................................
2,069.2
2,168.9
2,213.4
2,215.1
2,228.0
2,185.7
2,174.9
2,079.6
1,949.3
1,833.8
1,753.0
1,711.0
9
10
11
12
Personal interest incom e...................................................................
1,289.6
1,348.6
1,382.3
1,380.0
1,363.0
1,358.6
1,377.5
1,347.4
1,296.5
1,282.0
1,251.1
1,226.0
Personal dividend in c o m e .................................................................
779.6
820.3
831.2
835.1
865.1
827.1
797.4
732.2
652.8
551.8
501.8
485.0
Personal current transfer re c e ip ts ........................................................
1,701.4
1,703.1
1,727.6
1,759.1
1,797.7
1,940.0
1,879.9
1,918.2
2,032.5
2,170.3
2,171.0
2,187.1
10
11
12
13
Less: C ontributions for governm ent social insurance, dom estic
957.7
958.0
959.8
970.1
986.5
987.2
990.7
988.6
961.3
966.3
963.4
966.6
13
14 Less: Personal current ta x e s ....................................................................
1,457.3
1,482.7
1,494.8
1,516.7
1,529.4
1,337.0
1,442.4
1,432.0
1,195.5
1,125.2
1,126.4
1,132.6
14
15 Equals: Disposable personal in co m e ................................................
10,358.9
10,461.6
10,548.1
10,662.9
10,832.3
11,175.5
11,031.8
10,941.8
10,843.0
10,973.5
10,930.2
11,001.9
15
16 Less: Personal outla ys................................................................................
10,014.0
10,140.6
10,249.7
10,358.1
10,415.1
10,532.5
10,558.1
10,270.4
10,182.2
10,191.2
10,316.2
10,376.4
16
17 Equals: Personal s a v in g .........................................................................
344.8
321.0
298.4
304.8
417.2
643.0
473.6
671.5
660.9
782.3
614.1
625.4
17
3.3
3.1
2.8
2.9
3.9
5.8
4.3
6.1
6.1
7.1
5.6
5.7
18
10,535.3
10,583.1
10,599.7
10,601.7
10,656.2
10,554.2
10,469.2
10,482.0
10,088.3
9,965.7
9,861.0
9,855.1
19
2 10,789.6
10,810.9
10,838.9
10,848.2
10,926.9
11,156.2
10,901.5
10,969.5
10,932.3
11,014.7
10,902.9
10,899.8
20
18
Personal saving as a percentage of disposable personal income
Addenda:
19
Personal incom e excluding current transfer receipts, billions of
chained (2009) dollars 2....................................................................
20
Disposable personal income, billions of chained (2009) dollars
1. Personal income is also equal to national income less corporate profits with inventory valuation and capital
consumption adjustments, taxes on production and imports less subsidies, contributions for government social
insurance, net interest and miscellaneous payments, business current transfer payments (net), and current
surplus of government enterprises, plus personal income receipts on assets, and personal current transfer
receipts.
2. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures.
August 2013
65
S u r v e y o f C u r r e n t B u s in e s s
Table 10. Personal Income and Its Disposition— Table Ends
[Billions of dollars]
S easonally adjusted at annual rates
2010
Line
I
III
II
2012
2011
IV
I
II
IV
III
I
2013
III
II
I
IV
Line
II
1 P ersonal incom e 1..................................................................................... 12,194.3 12,374.3 12,502.1 12,670.0 13,029.9 13,148.5 13,283.6 13,303.2 13,548.6 13,651.8 13,701.6 14,073.1 13,916.0 14,056.1
2
Com pensation of em p loye e s...............................................................
7,804.3 7,952.7 8,026.5 8,085.7 8,207.4 8,256.3 8,343.3 8,306.9 8,514.3 8,553.8 8,591.0 8,787.4 8,736.9 8,805.9
1
2
3
W ages and s a la rie s ...........................................................................
6,239.6
6,365.5
6,426.4
6,478.6
6,577.6
6,621.0
6,698.0
6,658.2
6,842.2
6,873.5
6,904.7
7,086.6
7,029.7
7,090.0
3
4
S upplem ents to wages and salarie s..............................................
1,564.7
1,587.2
1,600.1
1,607.1
1,629.9
1,635.4
1,645.3
1,648.7
1,672.1
1,680.3
1,686.2 1,700.9
1,707.2
1,715.9
4
5
P roprietors’ income with inventory valuation and capital
consum ption adjustm ents.................................................................
1,017.6
1,024.7
1,029.2
1,059.3
1,116.5
1,140.7
1,175.3
1,188.0
1,214.4
1,217.8
1,220.0 1,247.5
1,334.6
1,334.9
5
6
F a rm .......................................................................................................
39.2
43.2
48.4
53.2
71.7
67.5
74.1
76.9
74.6
77.0
75.3
74.5
137.0
120.7
6
7
N o nfarm .................................................................................................
978.5
981.5
980.8
1,006.0
1,044.9
1,073.2
1, 101.2 1, 111.1
1,139.7
1,140.8
1,144.7
1,173.0
1,197.6
1,214.2
7
380.5
397.3
408.3
425.0
458.5
475.5
489.9
513.5
524.8
537.8
546.7
555.4
574.9
585.8
8
8
Rental incom e of persons with capital consumption adjustment
9
Personal incom e receipts on a ssets...................................................
1,710.7
1,722.8
1,738.0
1,787.0
1,850.4
1,883.4
1,899.3
1,905.4
1,909.1
1,935.3
1,926.9
2,062.8
1,935.8
1,998.8
9
10
11
12
Personal interest in c o m e ..................................................................
1,206.1
1,198.7
1,182.8
1,192.5
1,202.9
1,210.8 1,203.0
1,199.6
1,204.9
1,219.4
1,203.7
1,218.4
1,215.8
1,231.5
Personal dividend incom e.................................................................
504.6
524.1
555.2
594.6
647.5
672.6
696.3
705.7
704.2
715.9
723.2
844.3
720.0
767.3
Personal current transfer receipts.......................................................
2,253.3
2,260.9
2,288.4
2,305.1
2,309.6
2,309.0
2,300.5
2,308.5
2,328.5
2,352.2
2,364.4
2,388.0
2,426.0
2,430.3
10
11
12
13
Less: C ontributions for government social insurance, dom estic
972.0
984.0
988.4
992.0
912.6
916.4
924.7
919.1
942.5
945.1
947.4
967.9
1,092.3
1,099.6
13
1,145.6
1,167.9
1,209.4
1,242.9
1,376.0
1,399.9
1,421.6
1,418.4
1,462.8
1,480.0
1,496.4
1,552.8
1,627.1
1,663.1
14
14 Less: Personal current taxe s....................................................................
15 Equals: Disposable personal in c o m e ...............................................
11,048.7 11,206.4 11,292.6 11,427.1 11,653.9 11,748.6 11,862.1 11,884.8 12,085.7 12,171.9 12,205.1 12,520.4 12,288.9 12,393.0
15
16 Less: Personal o u tla y s ...............................................................................
10,459.9 10,542.4 10,637.5 10,798.4 10,936.0 11,069.5 11,185.8 11,285.2 11,428.4 11,507.9 11,601.0 11,696.2 11,794.9 11,839.6
16
17 Equals: Personal s avin g .........................................................................
18
Personal saving as a percentage of disposable personal income
588.9
664.0
655.2
628.7
717.9
679.1
676.2
599.6
657.3
663.9
604.1
824.1
494.0
553.4
17
5.3
5.9
5.8
5.5
6.2
5.8
5.7
5.0
5.4
5.5
4.9
6.6
4.0
4.5
18
Addenda:
19
Personal income excluding current transfer receipts, billions of
chained (2009) dollars 2 ...................................................................
9,974.3 10,043.5 10,138.3 10,408.9 10,429.2 10,507.5 10,483.5 10,638.4 10,685.5 10,676.2 10,959.6 10,747.6 10,873.8
19
20
Disposable personal income, billions of chained (2009) d o lla r s 2 10,909.1 11,052.2 11,104.4 11,177.3 11,315.4 11,303.9 11,348.4 11,332.3 11,459.2 11,510.2 11,493.6 11,743.0 11,494.9 11,591.4
20
9,815.4
1.
Personal income is also equal to national income less corporate profits with inventory valuation and capital
consumption adjustments, taxes on production and imports less subsidies, contributions for government social
insurance, net interest and miscellaneous payments, business current transfer payments (net), and current
surplus of government enterprises, plus personal income receipts on assets, and personal current transfer
receipts.
2. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures.
66
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 11A. Corporate Profits— Continues
[Billions of dollars]
2002
Line
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Line
1 Corporate profits w ith inventory valuation and capital
consum ption a d ju s tm e n ts .................................................................
907.2
1,056.4
1,283.3
1,477.7
1,646.5
1,529.0
1,285.1
1,392.6
1,740.6
1,877.7
2,009.5
2 Less: Taxes on corporate in co m e ............................................................
192.3
243.8
306.1
412.4
473.4
445.5
309.1
269.4
370.6
374.2
434.8
1
2
3 Equals: Profits after tax w ith inventory valuation and capital
consum ption a d ju stm en ts.................................................................
714.8
812.6
977.3
1,065.3
1,173.1
1,083.5
976.0
1,123.1
1,370.0
1,503.5
1,574.7
3
4
Net d ivid en d s............................................................................................
400.2
434.0
564.1
580.5
726.0
818.9
808.6
568.7
563.9
701.6
770.3
4
5
Undistributed profits with inventory valuation and capital
consum ption a d ju stm e n ts.................................................................
314.7
378.6
413.2
484.8
447.1
264.6
167.3
554.4
806.0
801.9
804.3
5
1,386.4
1,524.2
1,575.7
1,462.1
1,490.7
1,898.6
2,089.1
2,146.7
2,177.1
6
Addenda for corporate cash flow:
6
Net cash flow w ith inventory valuation adju stm ent..................
1,235.2
1,320.2
7
U ndistributed profits with inventory valuation and capital
consum ption adjustm ents..............................................................
314.7
378.6
413.2
484.8
447.1
264.6
167.3
554.4
806.0
801.9
804.3
7
8
Consum ption of fixed c a p ita l............................................................
920.5
941.5
982.7
1,051.6
1,128.6
1,197.5
1,259.2
1,260.6
1,262.5
1,306.0
1,365.7
8
9
Less: Capital transfers paid (n e t)....................................................
0.0
0.1
9.5
12.2
0.0
0.0
-6 4 .2
-8 3 .6
20.6
-3 8 .8
-7.1
9
-
-
Addenda:
10
Profits before tax (w ithout inventory valuation and capital
consum ption a dju stm e nts)................................................................
788.9
969.4
1,254.6
1,653.3
1,851.4
1,748.4
1,382.4
1,468.2
1,834.8
1,847.4
2,190.0
10
11
Profits after tax (without inventory valuation and capital
consum ption a dju stm e nts)................................................................
596.6
725.7
948.5
1,240.9
1,378.1
1,302.9
1,073.3
1,198.7
1,464.3
1,473.1
1,755.2
12
Inventory valuation a d ju s tm e n t............................................................
-9 .6
-3 9 .5
-32.1
-3 5 .7
-3 9 .5
-3 7 .0
6.7
-4 1 .0
-5 6 .0
10.0
11
12
13
Capital consum ption adjustm ent..........................................................
6.1
112.1
96.5
68.2
-1 4 3 .5
-1 6 9 .2
-1 7 9 .9
-6 0 .4
-8 2 .2
-5 3 .3
86.4
-1 7 0 .5
13
-
Seasonally adjusted at annual rates
2007
Line
2008
2010
2009
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
1 Corporate profits w ith inventory valuation and capital
consum ption ad ju stm e n ts .................................................................
1,530.9
1,596.9
1,518.1
1,470.0
1,383.4
1,367.6
1,371.3
1,017.9
1,252.7
1,295.5
1,449.6
1,572.5
1,655.2
1,660.8
1
2 Less: Taxes on corporate in c o m e ............................................................
474.2
468.1
431.1
408.8
355.3
344.1
312.6
224.4
215.0
240.4
285.0
337.4
344.8
351.7
2
3 Equals: Profits after tax w ith inventory valuation and capital
consum ption ad ju stm e n ts .................................................................
1,056.8
1,128.8
1,087.1
1,061.2
1,028.1
1,023.5
1,058.7
793.5
1,037.7
1,055.1
1,164.6
1,235.1
1,310.4
1,309.2
3
4
Net d ivid en d s............................................................................................
781.9
822.6
833.6
837.6
867.8
829.8
800.2
736.7
667.8
574.6
523.0
509.6
521.8
542.8
4
5
Undistributed profits with inventory valuation and capital
consumption a dju stm e nts.................................................................
274.8
306.2
253.5
223.7
160.3
193.7
258.6
56.8
369.9
480.5
641.7
725.5
788.6
766.4
5
1,452.4
1,498.4
1,457.2
1,440.3
1,394.6
1,445.1
1,515.3
1,607.8
1,866.2
1,877.8
1,844.4
2,006.0
2,049.6
2,096.2
6
Addenda for corporate cash flow:
6
Net cash flow w ith inventory valuation adju stm ent..................
7
Undistributed profits with inventory valuation and capital
consumption adjustm ents..............................................................
274.8
306.2
253.5
223.7
160.3
193.7
258.6
56.8
369.9
480.5
641.7
725.5
788.6
766.4
7
8
Consum ption of fixed c a p ita l............................................................
1,177.5
1,192.2
1,203.7
1,216.5
1,234.2
1,251.3
1,271.1
1,280.2
1,273.2
1,259.9
1,252.2
1,257.0
1,256.8
1,259.5
8
Less: Capital transfers paid (n e t)....................................................
0.0
0.0
0.0
0.0
0.1
14.3
-2 7 0 .8
-223.1
-1 3 7 .4
49.5
-2 3 .5
-4 .2
-7 0 .3
9
9
-
0.1
-
Addenda:
10
Profits before tax (w ithout inventory valuation and capital
consum ption a dju stm e nts)................................................................
1,745.0
1,809.8
1,716.4
1,722.5
1,558.8
1,573.7
1,501.4
895.8
1,253.0
1,355.6
1,544.6
1,719.5
1,791.7
1,782.8
10
11
Profits after tax (w ithout inventory valuation and capital
consum ption a dju stm e nts)................................................................
1,270.8
1,341.7
1,285.3
1,313.7
1,203.5
1,229.6
1,188.8
671.4
1,038.0
1,115.1
1,259.6
1,382.2
1,446.9
1,431.2
12
Inventory valuation a d ju s tm e n t............................................................
-3 8 .6
-3 2 .2
-1 6 .7
-7 0 .5
-1 2 3 .0
-1 4 9 .9
-6 4 .9
190.0
93.5
21.6
68.2
-40.1
20.6
11
12
13
Capital consum ption adjustm ent..........................................................
-1 7 5 .4
-1 8 0 .7
-1 8 1 .6
-1 8 1 .9
-5 2 .3
-5 6 .2
-6 5 .2
-6 7 .9
-9 3 .8
-8 1 .6
-7 8 .8
-9 6 .4
-1 0 1 .4
13
-
20.2
-7 4 .7
-
-
August 2013
67
S u r v e y o f C u r r e n t B u s in e s s
Table 11A. Corporate Profits— Table Ends
[Billions of dollars]
S easonally adjusted at annual rates
2010
Line
III
2011
IV
I
II
2012
III
IV
I
2013
III
II
IV
Line
I
1 Corporate profits w ith inventory valuation and capital
c onsum ption adju stm ents.................................................................
1,807.0
1,839.2
1,755.0
1,868.7
1,893.8
1,993.4
1,979.9
1,998.4
2,012.3
2,047.2
2,020.6
1
2 Less: Taxes on corporate in c o m e ...........................................................
387.5
398.3
393.0
384.3
351.0
368.6
437.2
429.7
439.1
433.2
408.2
2
3 Equals: Profits a fter tax w ith inventory valuation and capital
consum ption adju stm ents.................................................................
1,419.6
1,440.9
1,362.0
1,484.4
1,542.8
1,624.8
1,542.7
1,568.7
1,573.2
1,614.0
1,612.3
3
4
Net d ividends............................................................................................
576.0
615.2
668.3
692.9
717.5
727.6
727.4
739.6
746.7
867.6
763.8
4
5
Undistributed profits with inventory valuation and capital
consum ption adju stm e nts.................................................................
843.5
825.7
693.7
791.4
825.3
897.3
815.3
829.1
826.5
746.4
848.5
5
2,124.3
2,086.1
1,995.1
2,131.3
2,174.7
2,285.8
2,183.8
2,197.8
2,209.1
2,117.9
2,258.6
6
Addenda for corporate cash flow:
6
Net cash flow w ith inventory valuation a d ju stm e n t................
7
U ndistributed profits with inventory valuation and capital
consum ption a dju stm e nts............................................................
843.5
825.7
693.7
791.4
825.3
897.3
815.3
829.1
826.5
746.4
848.5
7
8
C onsum ption of fixed capital............................................................
1,262.4
1,271.1
1,283.1
1,299.9
1,314.2
1,326.6
1,343.7
1,361.2
1,373.6
1,384.4
1,400.4
8
Less: Capital transfers paid (n e t)....................................................
-1 8 .4
10.7
-1 8 .2
0.0
-3 5 .2
-6 1 .9
-2 4 .8
-7 .5
-9 .0
12.9
-9 .6
9
9
^
Addenda:
10
Profits before tax (w ithout in ventory valuation and capital
consum ption adjustm ents)................................................................
1,879.5
1,885.2
1,792.3
1,850.4
1,833.1
1,913.6
2,162.1
2,160.0
2,208.5
2,229.5
2,193.1
10
11
Profits after tax (w ithout inventory valuation and capital
consum ption adjustm ents)................................................................
1,492.1
1,486.9
1,399.2
1,466.1
1,482.1
1,545.1
1,724.9
1,730.3
1,769.4
1,796.4
1,784.8
12
Inventory valuation adju stm e nt............................................................
-18.1
-8 5 .3
68.2
-2 7 .7
-1 9 .5
9.8
22.0
-8 .4
-1 3 .0
11
12
13
Capital consum ption a d ju stm e n t.........................................................
-5 4 .4
39.2
86.4
88.4
-1 6 2 .7
-1 7 1 .4
-1 7 4 .2
-1 7 3 .9
-1 5 9 .5
13
-
120.1
82.9
-
8.2
88.0
-
-
68
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 11B. Corporate Profits: Percent Change From Preceding Period— Continues
2002
Line
2004
2003
2005
2006
2007
2008
2010
2009
2011
2012
Line
1 Corporate profits with inventory valuation and capital
consum ption a d ju s tm e n ts ....................................................................
20.3
16.4
21.5
15.1
11.4
-7 .1
-1 6 .0
2 Less: Taxes on corporate in c o m e ...............................................................
-5 .4
26.7
25.6
34.7
14.8
-5 .9
-3 0 .6
3 Equals: Profits after tax w ith inventory valuation and capital
consum ption a d ju s tm e n ts ...................................................................
-
8.4
25.0
7.9
7.0
12.8
37.5
1.0
16.2
22.0
1
2
29.8
13.7
20.3
9.0
10.1
-7 .6
-9 .9
15.1
9.7
4.7
3
4
Net d ivid en d s...............................................................................................
8.0
8.4
30.0
2.9
25.1
12.8
-1 .3
-2 9 .7
-
0.8
24.4
9.8
4
5
Undistributed profits with inventory valuation and capital
consumption a d ju stm e n ts...................................................................
74.6
20.3
9.1
17.3
-7 .8
-4 0 .8
-3 6 .7
231.3
45.4
-0 .5
0.3
b
6
Addenda for corporate cash flow:
6
Net cash flow w ith inventory valuation adju stm ent....................
14.4
6.9
5.0
9.9
3.4
-7 .2
2.0
27.4
10.0
2.8
1.4
7
Undistributed profits with in ventory valuation and capital
consum ption a djustm ents................................................................
74.6
20.3
9.1
17.3
-7 .8
-4 0 .8
-3 6 .7
231.3
45.4
-0 .5
0.3
/
8
Consum ption of fixed c a p ita l...............................................................
2.9
2.3
4.4
7.0
7.3
6.1
5.2
0.1
0.1
3.4
4.6
8
Less: Capital transfers paid (n e t)......................................................
..................
..................
..................
..................
...................
..................
..................
..................
..................
9
..................
9
Addenda:
10
Profits before tax (without inventory valuation and capital
consum ption a dju stm e nts)..................................................................
14.2
22.9
29.4
31.8
12.0
-5 .6
-2 0 .9
6.2
25.0
0.7
18.5
10
11
Profits after tax (w ithout inventory valuation and capital
consumption a dju stm e nts)..................................................................
22.4
21.6
30.7
30.8
11.1
-5 .5
-1 7 .6
11.7
22.2
0.6
19.1
11
1?
Capital consum ption adjustm ent............................................................
..................
..................
..................
..................
...................
..................
..................
..................
13
P
13
..................
..................
..................
Q uarterly rates
2007
Line
I
2009
2008
Ill
II
IV
II
I
Ill
IV
II
I
Line
Ill
IV
1 C orporate profits with inventory valuation and capital
consum ption ad ju stm e n ts ....................................................................
-5 .3
4.3
-4 .9
-3 .2
-5 .9
-1.1
0.3
-2 5 .8
23.1
3.4
11.9
8.5
2 Less: Taxes on corporate in c o m e ...............................................................
2.9
-1 .3
-7 .9
-5 .2
-13.1
-3.1
-9 .2
-2 8 .2
-4 .2
11.8
18.5
18.4
1
2
3 Equals: Profits after tax with inventory valuation and capital
consum ption ad ju stm e n ts ...................................................................
6.1
3
-8 .5
6.8
-3 .7
-2 .4
-3.1
-0 .5
3.4
-25.1
30.8
1.7
10.4
4
Net d ivid en d s...............................................................................................
2.4
5.2
1.3
0.5
3.6
-4 .4
-3 .6
-7 .9
-9 .3
-1 4 .0
-9 .0
-
2.6
4
5
Undistributed profits with inventory valuation and capital
consumption a d ju stm e n ts...................................................................
-2 9 .8
11.4
-1 7 .2
-1 1 .7
-2 8 .3
20.8
33.5
-7 8 .0
550.7
29.9
33.5
13.1
5
0.6
-1 .8
8.8
6
33.5
13.1
7
0.6
0.4
8
Addenda for corporate cash flow:
6
Net cash flow w ith inventory valuation adju stm ent....................
-6 .3
3.2
-2 .8
-1 .2
-3 .2
3.6
4.9
6.1
16.1
7
Undistributed profits with in ventory valuation and capital
consum ption adjustm ents................................................................
-2 9 .8
11.4
-1 7 .2
-1 1 .7
-2 8 .3
20.8
33.5
-7 8 .0
550.7
8
Consum ption of fixed c a p ita l...............................................................
1.7
1.2
1.0
1.1
1.5
1.4
1.6
0.7
-0 .5
9
29.9
-
1.0
-
9
Less: Capital transfers paid (n e t)......................................................
Addenda:
10
Profits before tax (w ithout inventory valuation and capital
consum ption a d ju stm e n ts)..................................................................
-4.1
11
Profits after tax (without inventory valuation and capital
consumption a dju stm e nts)..................................................................
-6 .5
12
Inventory valuation a d ju s tm e n t...............................................................
13
Capital consum ption adjustm ent............................................................
3.7
-5 .2
0.4
5.6
-4 .2
2.2
1.0
-4 .6
-8 .4
2.2
-3 .3
................. .................
.................
...............
-9 .5
...............
.................
-4 0 .3
39.9
-4 3 .5
54.6
...............
.................
8.2
13.9
7.4
13.0
...............
.................
11.3
10
9.7
11
12
................
.................
13
August 2013
69
S u r v e y o f C u r r e n t B u s in e s s
Table 11 B. Corporate Profits: Percent Change From Preceding Period— Table Ends
Q uarterly rates
2010
Line
I
II
2012
2011
III
IV
I
II
III
IV
I
II
2013
IV
III
Line
I
1 C orporate profits w ith inventory valuation and capital
consum ption a dju stm ents...................................................................
5.3
0.3
8.8
1.8
-4 .6
2 Less: Taxes on corporate in c o m e .............................................................
2.2
2.0
10.2
2.8
-1 .3
3 Equals: Profits after ta x w ith inventory valuation and capital
consum ption adju stm ents...................................................................
6.1
-0.1
8.4
1.5
4
Net dividends..............................................................................................
2.4
4.0
6.1
6.8
5
Undistributed profits with inventory valuation and capital
consum ption adjustm ents...................................................................
8.7
2.8
10.1
2.3
2.8
0.2
-
6.5
1.3
5.3
-0 .7
0.9
0.7
1.7
-1 .3
2.2
-8 .7
5.0
18.6
-1 .7
2.2
-1 .3
-5 .8
-5 .5
9.0
3.9
5.3
-5.1
1.7
0.3
2.6
8.6
3.7
3.6
1.4
1.7
1.0
16.2
2.1
-1 6 .0
14.1
4.3
8.7
-9.1
1.7
-0 .3
1.3
-1 .8
-4 .4
6.8
2.0
5.1
-4 .5
0.6
10.1
0.2
- 2.1
-1 6 .0
14.1
4.3
8.7
-9.1
0.7
0.9
1.3
1.1
0.9
1.3
-
-
0.0
1
2
-0.1
3
12.0
4
-9 .7
13.7
5
0.5
-4 .1
6.6
6
1.7
-0 .3
-9 .7
13.7
7
1.3
0.9
0.8
1.2
-
Addenda for corporate cash flow:
6
Net cash flow with inventory valuation ad ju stm e n t...................
2.2
7
Undistributed profits with inventory valuation and capital
consum ption a djustm ents..............................................................
8.7
8
C onsum ption of fixed capital..............................................................
0.0
q
Less: Capital transfers paid (n e t)......................................................
-
8
q
Addenda:
10
Profits before tax (w ithout inventory valuation and capital
consum ption adjustm ents)..................................................................
4.2
-0 .5
5.4
0.3
-4 .9
3.2
-0 .9
4.4
13.0
- 0.1
2.2
1.0
-
1.6
10
11
Profits after tax (w ithout inventory valuation and capital
consum ption adjustm ents)..................................................................
4.7
-
1.1
4.3
-0 .3
-5 .9
4.8
1.1
4.2
11.6
0.3
2.3
1.5
-
0.6
1?
Inventory valuation adjustm ent..............................................................
11
1?
13
Capital consum ption a dju stm e nt...........................................................
13
70
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 12A. Corporate Profits by Industry— Continues
[Billions of dollars]
2002
Line
1
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
907.2
1,056.4
1,283.3
1,477.7
1,646.5
1,529.0
1,285.1
1,392.6
1,740.6
1,877.7
2,009.5
1
748.4
889.7
1,078.3
1,238.7
1,390.3
1,175.6
878.4
1,039.8
1,345.4
1,441.2
1,590.5
2
306.3
336.1
367.7
375.3
261.0
64.1
321.7
367.2
355.6
422.0
3
583.4
742.2
870.9
1,015.0
914.6
814.3
718.1
978.2
1,085.6
1,168.5
4
158.8
166.6
205.0
239.1
256.2
353.4
406.7
352.8
395.2
436.6
418.9
5
205.3
250.0
328.2
383.7
433.8
510.4
582.0
493.7
584.6
653.7
665.9
6
217.2
247.0
7
1,791.3
2,180.0
8
1,354.8
1,761.1
9
C orporate profits w ith inventory valuation and capital consum ption
a d ju s tm e n ts ........................................................................................................
2 Dom estic in d u s trie s ......................................................................................................
3
F in a n c ia l........................................................................................................................
280.0
4
N o n fin a ncial..................................................................................................................
468.4
5 Rest of the w orld.............................................................................................................
6
Receipts from the rest of the w o rld .........................................................................
7
Less: Payments to the rest of the w o rld .................................................................
46.5
83.4
123.1
144.6
177.6
157.0
175.3
140.9
189.4
8
Corporate profits w ith inventory valuation a dju stm ent..........................
795.1
959.9
1,215.2
1,621.2
1,815.7
1,708.9
1,345.5
1,474.8
1,793.8
9 Dom estic in d u s trie s ......................................................................................................
636.3
793.3
1,010.1
1,382.1
1,559.6
1,355.5
938.8
1,122.0
1,398.6
Line
10
11
12
F in a n c ia l........................................................................................................................
270.7
306.5
349.4
409.7
415.1
301.5
95.4
362.9
405.3
384.1
477.4
Federal Reserve b a n k s ..........................................................................................
23.5
20.1
20.0
26.6
33.8
36.0
35.1
47.3
71.6
75.9
71.7
O ther fin a n cia l..........................................................................................................
247.2
286.5
329.4
383.1
381.3
265.5
60.4
315.5
333.8
308.1
405.7
10
11
12
13
N o n fin a ncial...................................................................................................................
365.6
486.7
660.7
972.4
1,144.4
1,054.0
843.4
759.2
993.3
970.7
1,283.7
13
14
U tilities........................................................................................................................
11.1
13.5
20.5
30.8
55.1
49.5
30.1
23.8
29.8
11.1
37.1
14
15
M a n u fa ctu rin g ..........................................................................................................
75.1
125.3
182.7
277.7
349.7
321.9
240.6
171.4
284.9
303.9
404.3
15
16
Durable g o o d s ......................................................................................................
3.1
32.7
50.6
107.1
144.0
118.9
64.3
34.4
126.3
135.6
197.0
16
17
Fabricated metal p ro d u c ts ...........................................................................
8.7
8.6
12.3
18.2
18.4
21.0
16.5
11.7
15.2
17.9
24.3
17
18
18
M a ch ine ry.........................................................................................................
3.2
3.2
8.5
18.0
23.2
25.0
18.8
9.4
17.3
24.7
33.5
19
C om puter and electronic products.............................................................
-2 4 .3
-6 .3
15.7
29.0
24.7
26.1
26.4
46.7
34.0
39.5
19
20
21
22
Electrical equipment, appliances, and co m p o n e n ts..............................
-
2.1
1.5
1.2
- 0.2
1.8
10.7
-1 .5
4.4
8.9
10.2
5.2
10.3
M otor vehicles, bodies and trailers, and p a r ts ........................................
-3 .0
7.9
-5 .0
0.3
-5 .3
-1 5 .7
-3 9 .6
-5 4 .3
-1 0 .3
-4 .6
12.1
O ther durable g oo ds......................................................................................
20.6
17.8
33.8
56.8
68.0
65.2
38.1
32.3
47.2
58.4
77.3
20
21
22
23
Nondurable g o o d s ..............................................................................................
72.0
92.6
132.1
170.5
205.7
203.0
176.3
137.0
158.6
168.3
207.3
23
24
Food and beverage and tobacco p ro d u c ts ..............................................
26.9
25.9
26.8
29.5
35.0
31.7
31.0
46.4
45.8
40.7
49.7
24
25
Petroleum and coal pro du cts.......................................................................
3.8
26.0
50.1
79.9
73.5
78.7
89.9
13.7
24.7
48.4
60.0
25
26
-
26
Chem ical products..........................................................................................
29.9
32.2
39.2
41.2
70.0
69.3
50.1
58.6
64.4
56.8
65.3
27
O ther nondurable g o o d s ...............................................................................
11.4
8.5
16.0
19.9
27.1
23.3
5.4
18.2
23.7
22.4
32.4
27
28
W holesale tra d e .......................................................................................................
55.8
59.3
74.7
96.2
105.9
103.2
90.6
89.3
102.2
96.3
137.8
28
29
Retail tra d e ................................................................................................................
83.7
90.5
93.2
121.7
132.5
119.0
80.3
108.7
118.3
116.1
149.2
29
30
Transportation and w arehousing.........................................................................
- 6.0
4.8
12.0
27.7
41.2
23.9
28.8
22.4
44.6
32.1
51.5
30
31
Inform ation................................................................................................................
-3.1
16.3
52.7
91.3
107.0
108.4
92.2
81.2
94.7
87.4
110.6
31
32
O ther nonfinancial...................................................................................................
149.0
177.1
224.9
327.2
353.1
328.2
280.8
262.3
318.7
323.7
393.2
32
33 Rest of the w o rld .............................................................................................................
158.8
166.6
205.0
239.1
256.2
353.4
406.7
352.8
395.2
436.6
418.9
33
N o te .
Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
August 2013
71
S u r v e y o f C u r r e n t B u s in e s s
Table 12A. Corporate Profits by Industry— Continues
[Billions of dollars]
S easonally adjusted at annual rates
Line
2007
I
1
II
2008
III
IV
I
II
2009
III
Line
IV
I
II
III
IV
C orporate profits w ith inventory valuation and capital consum ption
a dju stm ents........................................................................................................
1,530.9
1,596.9
1,518.1
1,470.0
1,383.4
1,367.6
1,371.3
1,017.9
1,252.7
1,295.5
1,449.6
1,572.5
1
2 D om estic in d u s tries .....................................................................................................
1,244.3
1,274.1
1,142.1
1,042.0
965.3
948.9
931.8
667.5
904.3
974.0
1,086.6
1,194.2
2
3
F in a n cia l........................................................................................................................
282.4
294.0
279.9
187.6
176.8
157.8
23.3
-1 0 1 .5
209.8
318.7
389.0
369.3
3
4
N onfinancial..................................................................................................................
962.0
980.0
862.2
854.3
788.6
791.1
908.5
769.0
694.5
655.3
697.6
824.9
4
5 R est o f the w o rld ...........................................................................................................
286.6
322.8
376.1
428.1
418.1
418.7
439.5
350.4
348.4
321.5
363.0
378.3
5
6
R eceipts from the rest of the w o rld .........................................................................
465.4
498.5
528.4
549.4
599.5
619.0
600.9
508.6
459.1
461.1
499.7
554.9
6
7
Less: Paym ents to the rest of the w o rld ................................................................
178.8
175.7
152.3
121.4
181.4
200.3
161.3
158.2
110.7
139.6
136.7
176.6
7
8
Corporate profits w ith inventory valuation a d ju s tm e n t.........................
1,706.4
1,777.5
1,699.7
1,651.9
1,435.7
1,423.9
1,436.5
1,085.8
1,346.5
1,377.2
1,524.3
1,651.3
8
9 Dom estic indu stries.....................................................................................................
1,419.7
1,454.8
1,323.7
1,223.9
1,017.6
1,005.1
997.0
735.4
998.1
1,055.6
1,161.3
1,273.1
9
321.4
334.1
320.8
229.7
205.4
188.1
55.7
-6 7 .4
249.7
359.7
430.0
412.0
10
11
12
10
11
Fin a ncia l........................................................................................................................
Federal Reserve banks.........................................................................................
36.1
36.6
36.2
35.2
34.3
29.9
33.4
12
O ther fin a n c ia l.........................................................................................................
285.4
297.6
284.6
194.6
171.1
158.1
22.3
13
Nonfinancial..................................................................................................................
1,098.3
1, 120.6 1,002.9
994.1
812.2
817.1
14
U tilities.......................................................................................................................
54.0
49.8
56.9
37.2
14.8
-1 4 .7
15
M anufacturing..........................................................................................................
338.0
354.4
279.6
315.4
248.9
16
Durable goods.....................................................................................................
131.5
101.9
120.5
91.7
42.7
27.1
43.3
54.2
64.7
110.1
222.7
316.4
375.8
347.2
941.3
802.8
748.4
695.9
731.2
861.1
13
86.7
33.6
23.5
26.1
10.1
35.5
14
218.6
269.2
225.7
159.0
153.9
172.5
200.0
15
51.4
81.5
32.5
9.1
21.7
41.1
65.6
16
-
17
Fabricated metal products...........................................................................
18.9
121.6
20.2
21.3
23.7
18.2
13.4
14.4
20.0
16.0
12.3
10.2
8.4
17
18
M a c h in e ry ........................................................................................................
25.7
27.0
24.8
20.6
18.0
17.5
19.3
11.5
8.0
7.7
10.3
18
19
C om puter and electronic p ro du cts............................................................
28.6
24.0
23.6
22.6
22.8
31.5
23.1
25.8
23.9
20.9
27.5
28.0
29.4
19
20
21
Electrical equipment, appliances, and com ponents.............................
2.2
-3 .4
-5 .0
0.3
0.9
4.6
7.9
4.3
8.8
8.5
8.6
9.9
M otor vehicles, bodies and trailers, and p a rts ........................................
-1 1 .7
- 8.1
-2 6 .5
-1 6 .3
-2 4 .4
-4 3 .4
-31.1
-5 9 .6
-7 2 .8
-6 4 .9
-4 4 .0
-3 5 .7
22
O ther durable g o o d s .....................................................................................
67.8
61.9
63.7
67.5
45.0
35.7
47.1
24.5
24.8
30.2
30.7
43.2
20
21
22
23
Nondurable goods..............................................................................................
206.5
232.8
177.7
194.9
157.3
167.2
187.7
193.2
149.9
132.3
131.4
134.4
23
24
Food and beverage and tobacco pro du cts..............................................
31.2
34.1
30.6
31.0
24.3
29.5
36.4
33.8
42.0
48.9
49.7
45.1
24
25
Petroleum and coal p ro d u c ts .....................................................................
71.3
114.4
64.8
64.3
82.1
69.4
102.2
105.7
37.5
3.4
4.7
9.1
25
26
Chem ical p ro d u c ts ........................................................................................
76.4
62.1
59.5
79.1
40.5
63.5
49.9
46.6
59.4
61.2
56.3
57.7
26
27
O ther nondurable g o o d s ..............................................................................
27.6
22.1
22.9
20.5
10.4
4.9
0.8
7.1
11.0
18.7
20.7
22.5
27
28
W holesale tra de ......................................................................................................
110.8
113.1
106.9
81.8
61.5
68.1
93.9
138.8
107.8
82.4
80.6
86.5
28
29
Retail tra d e ...............................................................................................................
124.5
133.5
114.7
103.4
79.8
80.4
79.5
81.7
102.2
107.2
111.6
113.8
29
30
Transportation and w a re ho u sing ........................................................................
24.9
25.9
24.7
19.9
23.0
31.8
29.1
31.3
26.9
15.3
17.9
29.5
30
31
Inform ation................................................................................................................
106.6
105.0
104.2
117.8
108.9
125.4
96.5
37.9
65.8
73.9
82.2
103.0
31
32
O ther n o n fina n cia l..................................................................................................
339.5
338.9
315.8
318.6
275.3
307.5
286.4
253.9
263.1
237.1
256.2
292.8
32
33 Rest o f the w o rld ...........................................................................................................
286.6
322.8
376.1
428.1
418.1
418.7
439.5
350.4
348.4
321.5
363.0
378.3
33
N o te .
Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
-
72
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 12A. Corporate Profits by Industry— Table Ends
[Billions of dollars]
Seasonally adjusted at annual rates
2010
Line
II
I
1
n
2011
III
IV
I
II
2012
III
IV
I
C orporate profits w ith inventory valuation and capital consum ption
a d ju s tm e n ts ........................................................................................................
1,655.2
1,660.8
1,807.0
1,839.2
1,755.0
1,868.7
1,893.8
1,993.4
1,979.9
2 Dom estic in d u s trie s ......................................................................................................
1,257.7
1,266.4
1,422.4
1,435.1
1,327.2
1,441.3
1,443.0
1,553.2
1,564.0
II
2013
Line
III
IV
I
1,998.4
2,012.3
2,047.2
2,020.6
1
1,569.1
1,599.8
1,629.1
1,622.1
2
3
F in a n c ia l........................................................................................................................
343.8
319.9
377.8
427.3
350.7
336.4
319.8
415.4
408.4
392.4
451.4
435.8
431.7
3
4
N o nfin a ncial...................................................................................................................
913.9
946.5
1,044.6
1,007.8
976.5
1,104.9
1,123.2
1,137.8
1,155.6
1,176.7
1,148.4
1,193.4
1,190.3
4
5 Rest of the w orld.............................................................................................................
397.5
394.5
384.7
404.1
427.8
427.3
450.8
440.2
415.9
429.3
412.5
418.1
398.5
5
6
R eceipts from the rest of the w o rld .........................................................................
565.6
576.9
584.2
611.7
632.8
657.1
672.0
653.1
662.5
663.0
661.1
677.2
657.5
6
7
Less: Payments to the rest of the w o rld .................................................................
168.1
182.4
199.6
207.6
204.9
229.8
221.2
212.8
246.6
233.7
248.6
259.1
259.0
7
8
Corporate profits w ith inventory valuation adju stm ent..........................
1,751.6
1,762.2
1,861.5
1,800.0
1,672.2
1,782.3
1,805.4
1,905.4
2,142.5
2,169.8
2,186.6
2,221.1
2,180.0
8
9 Dom estic in d u s trie s ......................................................................................................
1,354.1
1,367.8
1,476.8
1,395.9
1,244.3
1,354.9
1,354.6
1,465.2
1,726.7
1,740.5
1,774.0
1,803.0
1,781.5
9
387.1
362.6
415.6
456.0
377.8
364.6
348.8
445.1
462.5
447.7
507.2
492.1
486.9
10
11
12
10
11
12
F in a n c ia l........................................................................................................................
Federal Reserve b a n k s ..........................................................................................
71.6
74.0
71.4
69.3
72.4
80.0
76.6
74.7
73.4
72.6
67.5
73.3
70.0
O ther fin a n cia l..........................................................................................................
315.5
288.6
344.3
386.6
305.4
284.6
272.2
370.4
389.1
375.1
439.8
418.7
416.9
13
N o nfin a ncial...................................................................................................................
967.0
1,005.2
1,061.2
939.9
866.5
990.3
1,005.8
1,020.1
1,264.2
1,292.8
1,266.8
1,310.9
1,294.6
13
14
U tilities........................................................................................................................
44.6
14.5
35.3
24.8
3.9
29.7
3.2
7.9
34.5
39.4
40.8
33.6
38.3
14
15
M a n u fa ctu rin g ..........................................................................................................
228.4
283.9
324.3
303.0
278.1
291.5
314.5
331.7
408.7
410.5
387.8
410.1
389.7
15
16
Durable g o o d s ......................................................................................................
103.6
119.5
143.6
138.7
114.7
123.8
138.7
165.4
199.9
200.0
192.6
195.3
186.7
16
17
Fabricated m etal p ro d u c ts ............................................................................
12.7
12.5
17.3
18.4
15.9
16.4
18.5
20.8
24.2
24.9
24.5
23.7
23.5
17
18
M a ch in e ry.........................................................................................................
12.5
15.2
20.0
21.5
20.3
23.3
25.4
29.6
32.4
34.8
37.1
29.5
24.6
18
19
C om puter and e lectronic products.............................................................
43.8
42.3
48.8
51.7
33.1
33.0
31.1
38.9
40.8
41.7
38.7
36.6
35.1
19
20
21
22
Electrical equipment, appliances, and co m p o n e n ts..............................
9.2
11.9
11.4
8.4
7.0
4.7
4.4
4.8
11.0
8.3
9.5
12.2
10.8
Motor vehicles, bodies and trailers, and p a r ts ........................................
-1 9 .7
-9 .3
-
2.0
-1 0 .3
-9 .2
-6 .4
-5 .5
13.3
8.7
13.4
9.9
45.1
46.9
48.0
49.0
47.6
52.7
64.7
2.6
68.6
13.1
O ther durable g o o d s ......................................................................................
78.4
76.9
74.1
79.8
82.7
20
21
22
23
Nondurable g o o d s ..............................................................................................
124.8
164.4
180.7
164.2
163.3
167.7
175.8
166.3
208.7
210.5
195.2
214.8
203.0
23
24
Food and beverage and tobacco p ro d u c ts ..............................................
43.0
45.8
51.6
43.0
41.7
42.1
35.5
43.5
50.3
47.4
52.9
48.0
49.3
24
25
Petroleum and coal p ro du cts.......................................................................
18.5
33.5
20.1
26.7
36.4
56.5
62.7
38.0
58.9
58.8
53.0
69.1
57.4
25
26
Chem ical p roducts..........................................................................................
42.8
61.6
82.2
70.8
60.9
49.0
57.1
60.1
68.7
72.5
56.1
64.0
63.4
26
27
O ther nondurable g o o d s ...............................................................................
20.5
23.6
26.8
23.7
24.3
20.1
20.6
24.7
30.9
31.8
33.2
33.6
32.9
27
28
W holesale tra d e .......................................................................................................
99.2
118.0
114.5
77.2
74.4
94.7
110.3
105.9
128.8
146.5
131.6
144.4
150.2
28
29
Retail tra de ................................................................................................................
120.9
119.0
118.0
115.4
112.2
109.1
114.9
128.2
149.9
145.3
142.5
159.0
148.9
29
30
Transportation and w a re housing.........................................................................
39.1
50.3
51.9
37.1
29.8
33.3
30.3
35.1
53.4
53.5
52.2
47.1
54.5
30
31
Inform ation................................................................................................................
93.7
94.5
101.0
89.8
85.3
92.4
86.7
85.1
110.3
116.6
112.9
102.5
124.2
31
32
O ther nonfinancial...................................................................................................
341.1
324.9
316.2
292.7
283.0
339.5
346.0
326.2
378.6
381.0
399.0
414.2
388.9
32
33 Rest o f th e w orld.............................................................................................................
397.5
394.5
384.7
404.1
427.8
427.3
450.8
440.2
415.9
429.3
412.5
418.1
398.5
33
N o te .
Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
August 2013
73
S u r v e y o f C u r r e n t B u s in e s s
Tale 12B. Corporate Profits by Industry: Change From Preceding Period— Continues
[Billions of dollars]
2002
Line
1
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Line
C orporate profits w ith inventory valuation and capital consum ption
a dju stm ents........................................................................................................
153.2
149.2
226.9
194.4
168.8
-1 1 7 .5
-2 4 3 .9
107.5
348.0
137.1
131.8
1
2 Dom estic industries......................................................................................................
164.8
141.3
188.6
160.4
151.6
-2 1 4 .7
-2 9 7 .2
161.4
305.6
95.8
149.3
2
3
F in a n cia l........................................................................................................................
78.3
26.3
29.8
31.6
7.6
-1 1 4 .3
-1 9 6 .9
257.6
45.5
11.6
66.4
3
4
N onfinancial..................................................................................................................
86.4
115.0
158.8
128.7
144.1
-1 0 0 .4
-1 0 0 .3
-9 6 .2
260.1
107.4
82.9
4
5 Rest of th e w o rld ...........................................................................................................
-
-1 1 .6
7.8
38.4
34.1
17.1
97.2
53.3
-5 3 .9
42.4
41.4
-1 7 .7
5
6
R eceipts from the rest of the w o rld .........................................................................
22.0
44.7
78.2
55.5
50.1
76.6
71.6
-8 8 .3
90.9
69.1
12.2
6
7
Less: Payments to the rest of the w o rld ................................................................
33.6
36.9
39.7
21.5
33.0
20.6
18.3
-3 4 .4
48.5
27.8
29.8
7
8
C orporate profits with inventory valuation a d ju s tm e n t.........................
96.4
164.8
255.3
406.0
194.5
-1 0 6 .8
-3 6 3 .4
129.3
319.0
-2 .5
388.7
8
9 Dom estic industries.....................................................................................................
-4 3 .8
406.3
9
21.2
93.3
-4 .2
-
108.0
157.0
216.8
372.0
177.5
-204.1
-4 1 6 .7
183.2
276.6
10
11
F in a ncia l........................................................................................................................
75.7
35.8
42.9
60.3
5.4
-1 1 3 .6
-206.1
267.5
42.4
Federal Reserve banks.........................................................................................
-5 .4
-3 .4
-
0.1
6.6
12
O ther fin a n c ia l.........................................................................................................
81.1
39.3
42.9
53.7
13
N onfinancial..................................................................................................................
32.3
121.1
174.0
14
U tilities.......................................................................................................................
-1 1 .4
2.4
15
M anufacturing..........................................................................................................
0.0
16
Durable goods.....................................................................................................
17
18
19
20
21
7.2
2.2
-0 .9
12.2
24.3
4.3
1.8
-1 1 5 .8
-205.1
255.1
18.3
-2 5 .7
97.6
10
11
12
311.7
172.0
-9 0 .4
210.6
-8 4 .2
234.1
22.6
313.0
13
7.0
10.3
24.3
-5 .6
-1 9 .4
-6 .3
6.0
-1 8 .7
26.0
14
50.2
57.4
95.0
72.0
-2 7 .8
-8 1 .3
-6 9 .2
113.5
19.0
100.4
15
12.5
29.6
17.9
56.5
36.9
-25.1
-5 4 .6
-2 9 .9
91.9
9.3
61.4
16
Fabricated metal products...........................................................................
-0 .5
-
5.9
0.2
-4 .8
3.5
2.7
6.4
17
5.3
9.5
5.2
2.6
1.8
-4 .5
1.0
0.1
0.0
3.7
M a c h in e ry ........................................................................................................
6.2
-9 .4
7.9
7.4
8.8
18
C om puter and electronic pro du cts............................................................
4.8
18.0
7.5
14.5
13.3
-4 .3
1.4
0.3
20.3
-1 2 .7
5.5
19
Electrical equipm ent, appliances, and com ponents..............................
-3 .2
3.6
-1 .7
1.6
12.5
-
12.2
5.9
4.5
1.3
-5 .0
5.1
M otor vehicles, bodies and trailers, and p arts........................................
3.8
10.9
-1 2 .9
5.3
-5 .6
-1 0 .4
-2 3 .9
-1 4 .7
44.0
5.7
16.7
-
22
O ther durable g o o d s .....................................................................................
6.6
23
Nondurable goo ds..............................................................................................
-1 2 .5
24
Food and beverage and tobacco pro du cts..............................................
25
Petroleum and coal p ro d u c ts ......................................................................
-2 3 .7
26
Chem ical p ro d u c ts ........................................................................................
7.9
27
O ther nondurable g o o d s ..............................................................................
4.8
-
1.6
-
-
-
-
-
16.0
23.0
11.2
-
2.8
-27.1
-5 .8
14.9
11.2
18.9
20
21
22
39.5
38.4
35.2
-2 .7
-2 6 .7
-3 9 .3
9.7
39.0
23
0.9
2.7
5.5
-3 .3
-0 .7
15.4
21.6
- 0.6
-5.1
9.0
24
24.1
29.8
-6 .4
5.2
11.2
-7 6 .2
11.0
23.7
11.6
25
2.3
7.0
2.0
28.8
-0 .7
-1 9 .2
8.5
5.8
-7 .6
8.5
26
-2 .9
7.5
3.9
7.2
-3 .8
-1 7 .9
12.8
5.5
-1 .3
10.0
27
28
2.8
20.6
- 1.0
22.2
-
28
W holesale tra de ......................................................................................................
4.7
3.5
15.4
21.5
9.7
-2 .7
12.6
-1 .3
12.9
-5 .9
41.5
29
Retail tra d e ...............................................................................................................
12.4
6.8
2.7
28.5
10.8
-1 3 .5
-3 8 .7
28.4
9.6
- 2.2
33.1
29
30
Transportation and w a re ho u sing ........................................................................
-5 .3
10.8
7.2
15.7
13.5
-1 7 .3
4.9
-6 .4
22.2
-1 2 .5
19.4
30
31
Inform ation................................................................................................................
23.3
19.4
36.4
38.6
15.7
1.4
-1 6 .2
-
11.0
13.5
-7 .3
23.2
31
32
O ther n on fina n cia l..................................................................................................
8.8
28.1
47.8
102.3
25.9
-2 4 .9
-4 7 .4
-1 8 .5
56.4
5.0
69.5
32
33 Rest of the w o rld ...........................................................................................................
-1 1 .6
7.8
38.4
34.1
17.1
97.2
53.3
-5 3 .9
42.4
41.4
-1 7 .7
33
N o te .
Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
-
74
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Tale 12B. Corporate Profits by Industry: Change From Preceding Period— Continues
[Billions of dollars]
Change from preceding period
Line
2007
2008
I
1
III
II
2009
IV
II
I
III
Line
1
IV
II
IV
III
Corporate profits w ith inventory valuation and capital consum ption
a d ju s tm e n ts ........................................................................................................
-8 5 .0
66.0
-7 8 .8
-48.1
-8 6 .6
-1 5 .8
3.7
-3 5 3 .4
234.8
42.8
154.1
122.9
1
2 Dom estic in d u s trie s ......................................................................................................
-9 8 .3
29.8
-1 3 2 .0
-1 0 0.1
-7 6 .7
-1 6 .4
-1 7 .1
-2 6 4 .3
236.8
69.7
112.6
107.6
2
3
F in a n c ia l........................................................................................................................
-6 4 .2
11.6
-14 .1
-9 2 .3
10.8
-1 9 .0
-1 3 4 .5
-1 2 4 .8
311.3
108.9
70.3
-1 9 .7
3
4
N o n fin a n cia l...................................................................................................................
-3 4 .0
18.0
-1 1 7 .8
-7 .9
-6 5 .7
2.5
117.4
-1 3 9 .5
-7 4 .5
-3 9 .2
42.3
127.3
4
-
5 Rest o f th e w orld.............................................................................................................
13.3
36.2
53.3
52.0
-1 0 .0
0.6
20.8
-8 9 .1
-2 .0
-2 6 .9
41.5
15.3
5
6
Receipts from the rest of the w o rld .........................................................................
16.2
33.1
29.9
21.0
50.1
19.5
-18.1
-9 2 .3
-4 9 .5
2.0
38.6
55.2
6
7
Less: Payments to the rest of the w o rld .................................................................
2.9
-3.1
-2 3 .4
-3 0 .9
60.0
18.9
-3 9 .0
-3.1
-4 7 .5
28.9
-2 .9
39.9
7
8
Corporate profits with inventory valuation adju stm ent..........................
-95.1
71.1
-7 7 .8
-4 7 .8
-2 1 6 .2
-1 1 .8
12.6
-3 5 0 .7
260.7
30.7
147.1
127.0
8
9 Dom estic in d u s tries ......................................................................................................
-1 0 8 .5
35.1
-131.1
-9 9 .8
-2 0 6 .3
-1 2 .5
-8 .1
-2 6 1 .6
262.7
57.5
105.7
111.8
9
-6 5 .2
12.7
-1 3 .3
-91.1
-2 4 .3
-1 7 .3
-1 3 2 .4
-123.1
317.1
110.0
70.3
-1 8 .0
10
11
12
10
11
12
F in a n c ia l........................................................................................................................
Federal Reserve b a n k s ..........................................................................................
1.2
0.5
-0 .4
O ther fin an cia l..........................................................................................................
-6 6 .3
12.2
-1 3 .0
13
N onfinancial...................................................................................................................
-1 3 .3
22.3
-1 1 7 .7
14
U tilities.........................................................................................................................
-4 .4
-4 .2
7.1
1.0
-0 .9
-4 .4
3.5
9.3
-1 5 .6
16.2
10.9
10.5
-9 0 .0
-2 3 .5
-1 3 .0
-1 3 5 .8
-1 3 2 .4
332.8
93.7
59.4
-2 8 .6
8.8
-1 8 1 .9
4.9
124.2
-1 3 8 .5
-5 4 .4
-5 2 .5
35.3
129.9
13
-1 9 .7
-2 2 .4
-2 9 .5
101.4
-53.1
-
10.1
2.6
-1 6 .0
25.4
14
-
-
15
M a n ufa ctu rin g ..........................................................................................................
-0 .9
16.4
-7 4 .8
35.8
-6 6 .5
-3 0 .3
50.6
-4 3 .5
-6 6 .7
-5.1
18.6
27.5
15
16
Durable g o o d s ......................................................................................................
-1 7 .8
-9 .9
-1 9 .7
18.6
-2 8 .8
-4 0 .3
30.1
-4 9 .0
-2 3 .4
12.6
19.4
24.5
16
17
Fabricated metal p ro d u c ts ............................................................................
-1 .5
1.3
2.4
-5 .5
-4 .8
1.0
5.6
^ .0
- 3 .7
- 2.1
-
1.8
17
18
M a chinery.........................................................................................................
1.7
1.3
1.1
- 2.2
18
19
C om puter and electronic products.............................................................
-
2.1
-4 .6
-0 .4
2.2
- 0.8
20
21
22
Electrical equipment, appliances, and co m p on en ts..............................
-9 .3
-5 .6
-
1.6
5.3
M otor vehicles, bodies and trailers, and p a rts ........................................
-4 .6
3.6
-1 8 .4
O ther durable g oo ds......................................................................................
-1 .9
-5 .9
1.8
23
Nondurable g o o d s ...............................................................................................
16.9
26.3
24
Food and beverage and tobacco p ro d u c ts ..............................................
-4 .5
2.9
25
Petroleum and coal pro du cts.......................................................................
12.6
43.1
26
Chem ical products..........................................................................................
13.5
-1 4 .3
27
O ther nondurable g oo ds...............................................................................
-4 .7
-5 .5
2.0
-
2.6
-0 .5
1.8
-7 .8
-3 .5
-0 .3
2.6
8.7
-8 .4
2.7
-1 .9
-3 .0
6.6
0.5
1.4
19
3.7
3.3
-3 .6
4.5
-0 .3
0.1
1.3
10.2
0.6
- 8.1
-1 9 .0
12.3
-2 8 .5
-1 3 .2
7.9
20.9
8.3
3.8
-2 2 .5
-9 .3
11.4
-
22.6
0.3
5.4
0.5
12.5
20
21
22
-55.1
17.2
-3 7 .6
9.9
20.5
5.5
-4 3 .3
-1 7 .6
-0 .9
3.0
23
-3 .5
0.4
-6 .7
5.2
6.9
2.6
6.9
0.8
-4 .6
24
-4 9 .6
-0 .5
17.8
-1 2 .7
32.8
3.5
8.2
- 68.2
1.3
4.4
25
2.6
19.6
-3 8 .6
23.0
-1 3 .6
-3 .3
12.8
1.8
-4 .9
1.4
26
-2 .4
-
10.1
-5 .5
-5 .7
7.9
3.9
7.7
1.8
27
25.8
44.9
-3 1 .0
-2 5 .4
2.0
- 1.8
- 0 .9
20.5
5.0
4.4
-4 .4
-
-
-
-
-34.1
28
W holesale tra d e .......................................................................................................
1.8
2.3
0.8
- 6.2
-25.1
-2 0 .3
29
Retail tra d e ................................................................................................................
-1 5 .6
9.0
-1 8 .8
-1 1 .3
-2 3 .6
1.2
0.8
-4 .8
3.1
6.6
0.6
8.8
-2 .7
2.2
2.2
-8 .9
16.5
-2 8 .9
-5 8 .6
27.9
11.6
8.1
2.6
13.6
-
21.1
-3 2 .5
9.2
20.8
-89.1
- 2 .0
10.1
1.0
1.6
- 0.6
-23.1
2.8
-4 3 .3
32.2
13.3
36.2
53.3
52.0
-1 0 .0
0.6
30
Transportation and w arehousing.........................................................................
-1 2 .7
31
Inform ation................................................................................................................
-1 .4
32
O ther nonfinancial...................................................................................................
33 Rest o f th e w o rld .............................................................................................................
N o te .
-
-
Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
-
5.9
28
29
8.3
2.2
11.6
20.8
-2 6 .0
19.1
36.6
32
-2 6 .9
41.5
15.3
33
-
30
31
August 2013
75
S u r v e y o f C u r r e n t B u s in e s s
Tale 12B. Corporate Profits by Industry: Change From Preceding Period—Table Ends
[Billions of dollars]
Change from preceding period
2010
Line
I
1
II
2012
2011
III
IV
I
III
II
IV
I
II
2013
III
IV
Line
I
Corporate profits w ith inventory valuation and capital consum ption
a d ju stm ents........................................................................................................
82.7
5.6
146.2
32.2
-8 4 .2
113.7
25.1
99.6
-1 3 .5
18.5
13.9
34.9
-2 6 .6
1
2 Dom estic industries.....................................................................................................
63.5
8.7
156.0
12.7
-1 0 7 .9
114.1
1.7
110.2
10.8
5.1
30.7
29.3
-7 .0
2
3
F in a n cia l........................................................................................................................
-2 5 .5
-2 3 .9
57.9
49.5
-7 6 .6
-1 4 .3
-1 6 .6
95.6
-7 .0
-1 6 .0
59.0
-1 5 .6
-4 .1
3
4
N onfinancial..................................................................................................................
89.0
32.6
98.1
-3 6 .8
-3 1 .3
128.4
18.3
14.6
17.8
21.1
-2 8 .3
45.0
-3 .1
4
5 R est of th e w o rld ...........................................................................................................
19.2
-3 .0
-9 .8
19.4
23.7
-0 .5
23.5
-1 0 .6
-2 4 .3
13.4
-1 6 .8
5.6
-1 9 .6
5
6
Receipts from the rest of the w o rld .........................................................................
10.7
11.3
7.3
27.5
21.1
24.3
14.9
-1 8 .9
9.4
0.5
-1 .9
16.1
-1 9 .7
6
7
Less: Payments to the rest of the w o rld ................................................................
- 8 .5
14.3
17.2
8.0
-2 .7
24.9
-
8.6
-8 .4
33.8
-1 2 .9
14.9
10.5
- 0.1
7
8
Corporate profits w ith inventory valuation a d ju stm e n t.........................
100.3
10.6
99.3
-6 1 .5
-1 2 7 .8
110.1
23.1
100.0
237.1
27.3
16.8
34.5
-4 1 .1
8
81.0
13.7
109.0
-8 0 .9
-1 5 1 .6
110.6
-0 .3
110.6
261.5
13.8
33.5
29.0
-2 1 .5
9
-2 4 .9
-2 4 .5
53.0
40.4
-7 8 .2
-1 3 .2
-1 5 .8
96.3
17.4
-1 4 .8
59.5
-15.1
-5 .2
9 Dom estic ind u stries.....................................................................................................
11
Federal Reserve banks..........................................................................................
6.9
2.4
2.1
3.1
7.6
- 3 .4
-1 .9
-1 .3
- 0.8
-5.1
12
O ther fin a n c ia l.........................................................................................................
-3 1 .7
-2 6 .9
55.7
42.3
-8 1 .2
-
20.8
-1 2 .4
98.2
18.7
-1 4 .0
64.7
1.8
10
11
12
13
N onfinancial..................................................................................................................
105.9
38.2
56.0
-1 2 1 .3
-7 3 .4
123.8
15.5
14.3
244.1
28.6
-2 6 .0
44.1
-1 6 .3
13
14
U tilitie s .......................................................................................................................
9.1
-30.1
20.8
-1 0 .5
-2 0 .9
25.8
-2 6 .5
4.7
26.6
4.9
1.4
-7 .2
4.7
14
15
M anufacturing..........................................................................................................
28.4
55.5
40.4
-2 1 .3
-2 4 .9
13.4
23.0
17.2
77.0
1.8
-2 2 .7
22.3
-2 0 .4
15
16
Durable goods.....................................................................................................
38.0
15.9
24.1
-4 .9
-2 4 .0
9.1
14.9
26.7
34.5
0.1
-7 .4
Fabricated metal products...........................................................................
4.3
0.2
4.8
1.1
-2 .5
0.5
2.3
3.4
0.7
-0 .4
18
M a c h in e ry ........................................................................................................
2.2
2.7
4.8
1.5
-
1.2
3.0
2.1
2.1
8.6
0.2
16
17
4.2
2.8
2.4
2.3
-7 .6
-4 .9
18
0.1
-1 .9
7.8
1.9
0.9
-3 .0
2.1
-1 .5
19
-2 .3
-0 .3
0.4
6.2
-2 .7
1.2
2.7
-1 .4
-4 .6
4.7
-3 .5
2.8
5.7
2.9
20
21
22
11.8
23
10
Financial........................................................................................................................
-
-
2.6
-
5.8
-
-3 .3
21.1
-
-
2.7
-
0.8
-
17
19
C om puter and electronic p ro du cts............................................................
14.4
-1 .5
6.5
2.9
-1 8 .6
20
21
22
Electrical equipm ent, appliances, and com ponents..............................
-0 .7
2.7
-0 .5
-3 .0
-1 .4
M otor vehicles, bodies and trailers, and p arts........................................
16.0
10.4
7.3
-8 .3
1.1
2.8
0.9
8.1
10.5
0.2
O ther durable g o o d s .....................................................................................
1.9
1.8
1.1
1.0
-1 .4
5.1
3.9
9.8
-1 .5
23
Nondurable goods..............................................................................................
-9 .6
39.6
16.3
-1 6 .5
-0 .9
4.4
-9 .5
42.4
1.8
-1 5 .3
19.6
24
Food and beverage and tobacco pro du cts..............................................
2.1
2.8
5.8
-1 .3
0.4
8.0
6.8
-2 .9
5.5
-4 .9
1.3
24
25
Petroleum and coal p ro d u c ts ......................................................................
9.4
15.0
-1 3 .4
8.6
6.6
9.7
20.1
-2 4 .7
20.9
0.1
- 5 .8
16.1
-1 1 .7
25
26
Chem ical p ro d u c ts ........................................................................................
-1 4 .9
18.8
20.6
-1 1 .4
-9 .9
-1 1 .9
12.0
8.1
- 6.6
6.2
8.1
3.0
27
O ther nondurable g o o d s ..............................................................................
2.0
3.1
3.2
-3.1
-4 .2
0.5
4.1
8.6
6.2
28
W holesale tra de .......................................................................................................
12.7
18.8
- 3 .5
-3 7 .3
0.6
- 2.8
29
Retail tra d e ...............................................................................................................
7.1
-1 .9
-
30
Transportation and w a re ho u sing ........................................................................
9.6
11.2
31
Inform ation................................................................................................................
-9 .3
32
O ther n on fina n cia l..................................................................................................
48.3
33 Rest of the w o rld ...........................................................................................................
19.2
-3 .0
-
-
-
-
-
-
-
3.8
-1 6 .4
7.9
- 0.6
26
0.9
1.4
0.4
-0 .7
27
-1 4 .9
12.8
5.8
28
2.8
16.5
20.3
15.6
-4 .4
22.9
17.7
1.0
1.6
2.6
-3 .2
-3.1
5.8
13.3
21.7
-4 .6
-1 4 .8
-7 .3
3.5
-3 .0
4.8
18.3
0.1
-1 .3
-5.1
0.8
6.5
-
11.2
-4 .5
7.1
-5 .7
1.6
25.2
6.3
-3 .7
-1 6 .2
-8 .7
-2 3 .5
-9 .7
56.5
6.5
-1 9 .8
52.4
2.4
18.0
-9 .8
19.4
23.7
-0 .5
23.5
-1 0 .6
-2 4 .3
13.4
-1 6 .8
-
-
-
-
10.1
29
7.4
30
-1 0 .4
21.7
31
15.2
-2 5 .3
32
5.6
-1 9 .6
33
-
76
Initial Results of the 2013 Comprehensive NIPA Revision
August 2013
Table 12C. Revisions to Corporate Profits by Industry
[Billions of dollars]
Billions of dollars
Revised estimates
Line
2010
2011
Revisions as a percent
of previously published
Revisions to previously published
2012
2010
2011
2012
2010
2011
Line
2012
1 C orporate profits with inventory valuation and capital consum ption
a d ju stm ents..................................................................................................................
1,740.6
1,877.7
2,009.5
38.2
50.7
58.9
2.2
2.8
3.0
1
2
Dom estic in d u s trie s .................................................................................................
1,345.4
1,441.2
1,590.5
44.5
53.1
69.9
3.4
3.8
4.6
2
3
Financial.....................................................................................................................
367.2
355.6
422.0
-1 6 .5
-2 5 .4
-1 0 .3
-4 .3
-6 .7
-2 .4
3
4
N o n fin a n cia l..............................................................................................................
978.2
1,085.6
1,168.5
61.1
78.5
80.2
6.7
7.8
7.4
4
5
Rest o f th e w o rld ........................................................................................................
395.2
436.6
418.9
-6 .4
-2 .3
-1 1 .1
-1 .6
-0 .5
-2 .6
5
6
R eceipts from the rest of the w o rld .....................................................................
584.6
653.7
665.9
0.2
8.5
15.9
0.0
1.3
2.4
6
7
Less: Payments to the rest of the w o rld ............................................................
189.4
217.2
247.0
6.5
10.9
27.0
3.6
5.3
12.3
7
8 C orporate profits w ith inventory valuation a d ju stm e n t..................................
1,793.8
1,791.3
2,180.0
16.1
-0 .3
28.7
0.9
0.0
1.3
8
9
Dom estic in d u s trie s .................................................................................................
1,398.6
1,354.8
1,761.1
22.5
2.1
39.9
1.6
0.2
2.3
9
10
11
12
Financial.....................................................................................................................
405.3
384.1
477.4
-1 9 .0
-2 4 .2
-7 .3
-4 .5
-5 .9
-1 .5
Federal Reserve b a n k s .....................................................................................
71.6
75.9
71.7
0.0
0.0
-1 .7
0.0
0.0
-2 .3
O ther fin a n c ia l......................................................................................................
333.8
308.1
405.7
-1 8 .9
-2 4 .2
-5 .6
-5 .4
-7 .3
-1 .4
10
11
12
13
N o n fin a n c ia l..............................................................................................................
993.3
970.7
1,283.7
41.5
26.3
47.2
4.4
2.8
3.8
13
14
U tilities....................................................................................................................
29.8
11.1
37.1
1.9
2.0
-3 7 .3
-5.1
14
15
M anufacturing.......................................................................................................
284.9
303.9
404.3
51.4
59.0
32.6
6.8
22.0
24.1
8.8
15
16
Durable g o o d s .................................................................................................
126.3
135.6
197.0
23.2
35.3
15.8
22.5
35.2
8.7
16
8.8
1.1
6.6
17
-5 .3
-
6.6
-
17
Nondurable g o o d s ..........................................................................................
158.6
168.3
207.3
28.2
23.7
16.8
21.6
16.4
18
W holesale tra d e ..................................................................................................
102.2
96.3
137.8
4.0
0.0
-1 .5
4.1
19
Retail tra d e ...........................................................................................................
118.3
116.1
149.2
-4 .3
7.2
9.2
-3 .5
0.0
6.6
20
21
22
Transportation and w a re h o u sin g ....................................................................
44.6
32.1
51.5
-3 .5
-1 3 .4
-2 .9
-7 .3
-2 9 .5
Info rm a tio n ...........................................................................................................
94.7
87.4
110.6
8.7
O ther n on financial..............................................................................................
318.7
323.7
393.2
-1 6 .7
23
R est of the w o rld ........................................................................................................
395.2
436.6
418.9
24 C orporate profits before tax w ithout inventory valuation and capital
consum ption a d ju stm en ts.....................................................................................
1,834.8
1,847.4
2,190.0
-
18
19
1.8
10.1
2.2
22.0
13.5
-5 .0
-6 .4
3.6
20
21
22
-6 .4
-2 .3
-11.1
-1 .6
-0 .5
-2 .6
23
18.5
-6 .7
27.8
1.0
-0 .4
1.3
24
1.9
-
-
-
1.6
Addenda:
25
C orporate profits a fte rta x with inventory valuation and capital consumption
adjustm ents...............................................................................................................
1,370.0
1,503.5
1,574.7
40.9
55.6
73.4
3.1
3.8
4.9
25
26
Net cash flow w ith inventory valuation adju stm en t......................................
2,089.1
2,146.7
2,177.1
314.2
296.0
343.0
17.7
16.0
18.7
26
27
Undistributed profits with inventory valuation and capital consumption
a djustm ents..........................................................................................................
806.0
801.9
804.3
77.8
51.2
82.9
10.7
6.8
11.5
27
28
Consum ption of fixed c a p ita l................................................................................
1,262.5
1,306.0
1,365.7
236.0
244.1
258.2
23.0
23.0
23.3
29
Less: C apital transfers paid (n e t)........................................................................
20.6
-3 8 .8
-7.1
-0 .4
-0 .7
-1 .9
-
28
29
August 2013
77
S u r v e y o f C u r r e n t B u s in e s s
Table 13. Gross Value Added of Nonfinancial Domestic Corporate Business— Continues
2002
Line
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Line
Billions of dollars
G ross value added of nonfinancial corporate bus ines s ............................
5,538.9
5,724.4
6,107.9
6,532.1
6,988.0
7,203.9
7,258.1
6,861.4
7,243.1
7,636.4
8,030.8
2 Consum ption of fixed c a p ita l.............................................................................................
804.7
818.0
850.2
909.9
979.4
1,040.3
1,093.9
1,092.0
1,094.6
1,135.8
1,188.2
1
2
3
1
3 Net value a d d e d ..................................................................................................................
4,734.2
4,906.5
5,257.7
5,622.2
6,008.7
6,163.6
6,164.2
5,769.4
6,148.6
6,500.6
6,842.7
4
C om pensation of em p loye e s........................................................................................
3,542.0
3,595.7
3,762.8
3,930.3
4,129.3
4,305.3
4,358.0
4,088.4
4,168.0
4,374.3
4,600.8
4
5
W ages and s a la rie s ....................................................................................................
2,939.0
2,962.2
3,099.9
3,238.0
3,420.9
3,572.1
3,619.5
3,377.5
3,446.1
3,624.7
3,824.8
5
6
S upplem ents to wages and sa larie s.......................................................................
603.0
633.4
662.9
692.3
708.5
733.3
738.5
710.9
721.9
749.6
776.0
6
7
Taxes on production and im ports less su b sid ie s.....................................................
472.9
495.8
530.9
573.2
610.1
632.5
632.7
605.9
633.0
664.2
685.3
7
8
Net operating s u rp lu s .....................................................................................................
719.3
815.0
964.1
1,118.7
1,269.3
1,225.8
1,173.5
1,075.1
1,347.5
1,462.1
1,556.5
8
9
Net interest and m iscellaneous paym en ts............................................................
198.6
169.8
159.9
173.6
183.9
249.0
307.5
283.7
286.2
287.2
295.5
9
74.2
70.4
62.2
51.7
73.4
83.2
89.3
92.5
10
11
12
10
11
Business current transfer paym ents (n e t).............................................................
52.3
61.8
62.0
Corporate profits with inventory valuation and capital consum ption
a d ju s tm e n ts .............................................................................................................
468.4
583.4
742.2
870.9
1,015.0
914.6
814.3
718.1
978.2
1,085.6
1,168.5
12
Taxes on corporate in com e ..................................................................................
97.1
132.9
187.0
271.9
307.7
293.8
227.4
177.8
220.6
222.3
256.9
13
Profits after tax with inventory valuation and capital consumption
a djustm ents..........................................................................................................
371.3
450.5
555.2
599.1
707.3
620.8
586.9
540.2
757.6
863.3
911.6
13
14
Net d iv id e n d s ......................................................................................................
254.8
293.4
364.5
170.8
471.1
484.6
474.2
351.7
375.5
440.3
478.8
14
15
Undistributed profits with inventory valuation and capital consum ption
a dju stm e nts.....................................................................................................
116.5
157.2
190.7
428.3
236.2
136.2
112.7
188.5
382.1
423.0
432.8
15
700.2
1,004.6
1,180.1
1,093.5
880.3
752.5
1,034.3
1,026.7
1,293.7
16
1,036.8
17
10.0
18
Addenda:
16
Profits before tax (w ithout inventory valuation and capital consum ption
a dju stm e nts).................................................................................................................
359.5
496.3
17
Profits after tax (w ithout inventory valuation and capital consum ption
adjustm ents)
262.4
363.4
513.2
732.7
872.4
799.7
652.9
574.7
813.8
804.4
18
Inventory valuation adju stm e nt.....................................................................................
-9 .6
-3 9 .5
-32 .1
-3 5 .7
-3 9 .5
-3 7 .0
6.7
-4 1 .0
-5 6 .0
19
Capital consum ption a d ju stm e n t.................................................................................
6.1
102.8
96.7
81.5
-1 0 1 .5
-1 2 9 .4
-1 3 9 .4
-29 .1
-41 .1
-1 5 .2
114.9
-115.1
19
20
21
22
-
Billions of chained (2009) dollars
20
G ross value added of nonfinancial corporate business 1 .........................
21 C onsumption of fixed c a p ita l 2 .........................................................................................
22 Net value added 3 ................................................................................................................
6,466.3
6,606.8
6,904.1
7,131.7
7,406.3
7,480.5
7,385.3
6,861.4
7,244.4
7,464.6
7,743.2
912.8
927.7
948.3
977.5
1,015.1
1,053.6
1,083.4
1,092.0
1,093.5
1, 110.1
1,136.0
5,553.6
5,679.1
5,955.8
6,154.2
6,391.1
6,426.9
6,301.9
5,769.4
6,151.0
6,354.5
6,607.1
Dollars; quarters seasonally adju sted
Price, costs, and profits per unit of real gross value added of nonfinancial
corporate business:
23
Price per unit of real gross value added of nonfinancial corporate
b u s in e s s 4 ...................................................................................................................
0.857
0.866
0.885
0.916
0.944
0.963
0.983
1.000
1.000
1.023
1.037
23
24
Compensation of employees (unit labor c o s t)..........................................................
0.548
0.544
0.545
0.551
0.558
0.576
0.590
0.596
0.575
0.586
0.594
24
25
Unit nonlabor c o s t...........................................................................................................
0.236
0.234
0.232
0.243
0.249
0.265
0.283
0.299
0.290
0.291
0.291
25
26
Consumption of fixed capital.....................................................................................
0.124
0.124
0.123
0.128
0.132
0.139
0.148
0.159
0.151
0.152
0.153
26
27
Taxes on production and im ports less subsidies plus business current
transfer paym ents (n e t).........................................................................................
0.081
0.084
0.086
0.091
0.092
0.093
0.093
0.099
0.099
0.101
0.100
27
28
Net interest and m iscellaneous paym ents............................................................
0.031
0.026
0.023
0.024
0.025
0.033
0.042
0.041
0.040
0.038
0.038
28
29
C orporate profits with inventory valuation and capital consumption
adjustm ents (unit profits from current production)..............................................
0.072
0.088
0.107
0.122
0.137
0.122
0.110
0.105
0.135
0.145
0.151
29
30
Taxes on corporate incom e.......................................................................................
0.015
0.020
0.027
0.038
0.042
0.039
0.031
0.026
0.030
0.030
0.033
30
31
Profits after tax with inventory valuation and capital consumption
a d ju s tm e n ts .............................................................................................................
0.057
0.068
0.080
0.084
0.096
0.083
0.079
0.079
0.105
0.116
0.118
31
1. The current-dollar gross value added is deflated using the gross value added chain-type price index for
nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the
chain-type price index for GDP goods and structures is used.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product
of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100.
3. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross value
added and the consumption of fixed capital.
4. The deflator for gross value added of nonfinancial corporate business divided by 100.
N o te . Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
Initial Results of the 2013 Comprehensive NIPA Revision
78
August 2013
Table 13. Gross Value Added of Nonfinancial Domestic Corporate Business— Continues
Seasonally adjusted at annual rates
2007
Line
I
II
2009
2008
III
Line
IV
I
II
III
IV
I
II
III
IV
Billions of dollars
1
G ross value added of nonfinancial corporate b u s in e s s ............................
2 Consum ption of fixed capital..............................................................................................
1
2
7,179.4
7,243.4
7,165.1
7,227.7
7,215.2
7,236.6
7,372.2
7,208.5
6,843.6
6,804.2
6,811.5
6,986.4
1,023.4
1,035.8
1,045.6
1,056.3
1,072.3
1,086.9
1,104.3
1,112.3
1,105.0
1,091.4
1,084.1
1,087.4
3 Net value a d d e d ...................................................................................................................
6,156.1
6,207.6
6,119.5
6,171.4
6,142.9
6,149.7
6,268.0
6,096.2
5,738.6
5,712.8
5,727.4
5,899.0
3
4
Com pensation of em ployees..........................................................................................
4,283.8
4,294.5
4,302.2
4,340.9
4,373.0
4,361.5
4,360.9
4,336.5
4,081.3
4,091.0
4,079.1
4,102.3
4
5
5
W ages and sa larie s.....................................................................................................
3,554.3
3,563.2
3,569.5
3,601.2
3,631.9
3,622.4
3,621.9
3,601.9
3,371.7
3,379.7
3,369.9
3,388.8
6
S upplem ents to wages and s a la rie s .......................................................................
729.4
731.3
732.7
739.7
741.1
739.1
739.0
734.6
709.6
711.4
709.2
713.4
6
7
Taxes on production and im ports less subsidies......................................................
624.7
630.8
635.2
639.4
630.5
636.5
637.1
626.6
601.6
604.5
600.8
616.6
7
8
8
Net operating su rp lus.......................................................................................................
1,247.6
1,282.2
1,182.1
1,191.2
1,139.4
1,151.7
1,270.0
1,133.1
1,055.7
1,017.3
1,047.5
1,180.1
9
Net interest and m iscellaneous p a y m e n ts ............................................................
219.1
238.1
259.1
279.5
299.2
312.2
313.6
305.2
292.6
284.1
278.7
279.4
9
10
11
Business current transfer paym ents (n e t).............................................................
66.5
64.1
60.8
57.4
51.6
48.4
47.9
59.0
68.7
77.8
71.2
75.8
10
C orporate profits with inventory valuation and capital consumption
a dju stm e nts...............................................................................................................
962.0
980.0
862.2
854.3
788.6
791.1
908.5
769.0
694.5
655.3
697.6
824.9
12
Taxes on corporate in c o m e ...................................................................................
311.2
302.5
278.9
282.6
248.0
252.8
255.4
153.5
167.7
161.8
170.0
212.0
11
12
13
Profits after tax with inventory valuation and capital consumption
adju stm e nts..........................................................................................................
650.7
677.6
583.3
571.7
540.5
538.3
653.1
615.5
526.8
493.5
527.7
613.0
13
14
Net d ividends........................................................................................................
478.1
481.0
502.0
477.2
468.9
484.5
478.1
465.2
449.1
374.7
276.1
307.1
14
15
Undistributed profits with inventory valuation and capital consumption
a d ju s tm e n ts ......................................................................................................
172.7
196.5
81.2
94.5
71.7
53.8
175.0
150.3
77.7
118.9
251.6
305.9
15
1,137.0
1,152.9
1,019.6
1,064.7
935.2
967.0
1,006.2
612.9
654.9
674.3
751.5
929.3
16
Addenda:
16
Profits before tax (w ithout inventory valuation and capital consumption
adjustm ents)...................................................................................................................
17
Profits after tax (without inventory valuation and capital consumption
adjustments)
825.7
850.4
740.6
782.0
687.2
714.1
750.8
459.4
487.2
512.6
18
Inventory valuation a dju stm e nt.....................................................................................
-3 8 .6
-3 2 .2
-1 6 .7
-7 0 .5
-1 2 3 .0
-1 4 9 .9
-6 4 .9
190.0
93.5
21.6
19
Capital consum ption adjustm ent...................................................................................
-1 3 6 .4
-1 4 0 .6
-1 4 0 .7
-1 3 9 .8
-2 3 .6
-2 5 .9
-3 2 .8
-3 3 .9
-5 3 .9
-4 0 .6
Gross value added of nonfinancial corporate business 1..........................
20
21 C onsum ption of fixed c a p ita l 2...........................................................................................
22 Net value added 3.................................................................................................................
7,472.0
7,502.4
7,428.2
7,519.3
7,413.5
7,403.3
7,476.9
7,247.5
6,842.9
1,040.8
1,049.7
1,057.9
1,066.0
1,073.3
1,080.7
1,087.4
1,092.0
1,093.2
6,431.2
6,452.7
6,370.2
6,453.4
6,340.2
6,322.6
6,389.5
6,155.5
5,749.8
717.4
17
68.2
18
-3 3 .6
-3 6 .2
19
6,774.3
6,820.6
7,007.8
1,092.4
1,091.4
1,090.9
20
21
5,681.9
5,729.1
5,916.9
22
581.5
-
20.2
-
Billions of chained (2009) dollars
Dollars; quarters seasonally adjusted
Price, costs, and profits per unit of real gross value added of nonfinancial
corporate business:
23
P rice per unit of real gross value added of nonfinancial corporate
b u s in e s s 4.....................................................................................................................
0.961
0.965
0.965
0.961
0.973
0.977
0.986
0.995
1.000
1.004
0.999
0.997
?3
?4
Com pensation of employees (unit labor c o s t)...........................................................
0.573
0.572
0.579
0.577
0.590
0.589
0.583
0.598
0.596
0.604
0.598
0.585
?4
?*>
Unit nonlabor c o s t.............................................................................................................
0.259
0.263
0.270
0.270
0.277
0.282
0.282
0.290
0.302
0.304
0.299
0.294
26
Consum ption of fixed c a p ita l.....................................................................................
0.137
0.138
0.141
0.140
0.145
0.147
0.148
0.153
0.161
0.161
0.159
0.155
26
27
Taxes on production and im ports less subsidies plus business current
transfer paym ents (n e t)..........................................................................................
0.093
0.093
0.094
0.093
0.092
0.093
0.092
0.095
0.098
0.101
0.099
0.099
27
28
Net interest and m iscellaneous p a y m e n ts ............................................................
0.029
0.032
0.035
0.037
0.040
0.042
0.042
0.042
0.043
0.042
0.041
0.040
28
29
Corporate profits with inventory valuation and capital consumption
adjustm ents (unit profits from current production)...............................................
0.129
0.131
0.116
0.114
0.106
0.107
0.122
0.106
0.101
0.097
0.102
0.118
?9
30
Taxes on corporate in c o m e .......................................................................................
0.042
0.040
0.038
0.038
0.033
0.034
0.034
0.021
0.025
0.024
0.025
0.030
30
31
Profits after tax with inventory valuation and capital consumption
a djustm ents...............................................................................................................
0.087
0.090
0.079
0.076
0.073
0.073
0.087
0.085
0.077
0.073
0.077
0.087
31
1. The current-dollar gross value added is deflated using the gross value added chain-type price index for
nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the
chain-type price index for GDP goods and structures is used.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product
of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100.
3. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross value
added and the consumption of fixed capital.
4. The deflator for gross value added of nonfinancial corporate business divided by 100.
N o t e . Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
August 2013
79
S u r v e y o f C u r r e n t B u s in e s s
Table 13. Gross Value Added of Nonfinancial Domestic Corporate Business— Table Ends
Seasonally adjusted at annual rates
2010
Line
II
I
2012
2011
III
IV
I
II
III
IV
'
2013
I "
III
IV
I
Line
Billions of dollars
1
Gross value added of nonfinancial corporate bu s in es s ............................
2 Consum ption of fixed c a p ita l.............................................................................................
7,076.1
7,193.8 7,346.8
7,355.8 7,464.4 7,638.0
7,715.6
7,727.5
7,949.7
8,007.0
8,002.9
8,163.8
8,157.4
1,087.8
1,091.6
1,095.1
1,103.9
1,115.3
1,130.4
1,143.2
1,154.1
1,168.8
1,184.1
1,195.2
1,204.7
1,218.5
6,102.2 6,251.8
6,252.0
1
2
3 Net value a d d ed ...................................................................................................................
5,988.3
6,349.1
6,507.5
6,572.4 6,573.4 6,781.0 6,822.9
6,807.7
6,959.1
6,938.9
3
4
C om pensation of em p loye e s........................................................................................
4,086.7 4,157.3 4,198.2 4,229.8 4,339.7
4,361.5
4,407.7 4,388.3
4,549.1
4,570.5
4,589.1
4,694.5
4,648.6
4
5
W ages and s a la rie s ....................................................................................................
3,652.1
3,636.2
3,782.3
3,799.9
3,815.2 3,901.7 3,863.5
5
6
Supplem ents to wages and sa larie s.......................................................................
707.0
720.0
727.4
733.2
743.4
747.3
755.7
752.1
766.8
770.6
773.9
792.8
785.1
6
7
Taxes on production and im ports less subsid ie s.....................................................
624.6
631.1
636.3
640.1
656.9
665.7
663.5
670.5
685.8
684.8
683.2
687.6
697.3
7
8
Net operating s u rp lu s .....................................................................................................
1,277.1
1,313.7
1,417.3
1,382.1
1,352.4
1,480.3
1,501.2
1,514.6
1,546.1
1,567.6
1,535.3
1,577.0
1,593.0
8
9
Net interest and m iscellaneous paym ents............................................................
282.7
286.1
287.6
288.3
287.6
287.3
287.5
286.5
290.9
294.7
297.2
299.3
322.5
9
10
11
Business current transfer payments (n e t).............................................................
80.5
81.2
85.0
86.0
88.3
88.1
90.5
90.3
99.5
96.3
89.7
84.3
80.1
10
Corporate profits with inventory valuation and capital consumption
a d ju s tm e n ts ..............................................................................................................
913.9
946.5
1,044.6
1,007.8
976.5
1,104.9
1,123.2
1,137.8
1,155.6
1,176.7
1,148.4
1,193.4
1,190.3
12
Taxes on corporate incom e..................................................................................
208.8
220.2
229.3
223.9
216.1
226.0
229.8
217.3
252.5
257.8
249.1
268.4
266.6
11
12
13
Profits after tax w ith inventory valuation and capital consumption
adjustm ents..........................................................................................................
705.0
726.2
815.3
783.9
760.4
878.9
893.5
920.5
903 1
918.9
899 4
925 0
923.7
13
14
Net d iv id e n d s ......................................................................................................
356.8
346.3
394.3
404.4
411.0
439.5
466.5
444.2
456.0
457.5
461.2
540.4
483.3
14
15
U ndistributed profits with inventory valuation and capital consumption
a dju stm e nts.....................................................................................................
348.2
379.9
421.0
379.4
349.4
439.4
427.0
476.3
447.2
461.4
438.1
384.6
440.5
15
1,007.1
1,025.8
1,079.2
1,025.2
986.6
1,058.5
1,033.5
1,028.3
1,283.7
1,282.9
1,288.8
1,319.4
1,307.7
16
770.5
832.5
803.7
811.0
1,031.2
1,025.1
1,039.7
1,051.0
1,041.1
17
120.1
-
68.2
-2 7 .7
8.2
-1 9 .5
9.8
22.0
-8 .4
-1 3 .0
18
110.0
114.6
117.4
117.7
-1 0 8 .5
-116.1
-1 1 8 .4
-1 1 7 .6
-1 0 4 .3
19
20
G ross value added o f nonfinancial corporate business ’ ......................... 7,178.5 7,227.4 7,314.7 7,257.2 7,365.1 7,479.5 7,465.6 7,548.1 7,710.0 7,740.1 7,701.5 7,821.0 7,789.8
21 Consumption of fixed c a p ita l 2 .......................................................................................... 1,090.7 1,091.9 1,094.0 1,097.3 1,101.7 1,106.9 1,112.7 1,118.9 1,125.3 1,132.3 1,139.4 1,147.1 1,156.0
22 Net value added 3 ................................................................................................................ 6,087.8 6,135.5 6,220.7 6,159.9 6,263.4 6,372.6 6,352.9 6,429.3 6,584.7 6,607.8 6,562.2 6,673.9 6,633.8
20
21
3,379.7 3,437.4 3,470.8 3,496.6 3,596.4 3,614.2
Addenda:
16
Profits before tax (without inventory valuation and capital consumption
a dju stm e nts).................................................................................................................
17
Profits after tax (w ithout inventory valuation and capital consumption
adjustments)
798.3
805.6
849.9
801.2
18
Inventory valuation adjustm ent.....................................................................................
-40.1
-
20.6
-18.1
-8 5 .3
19
Capital consum ption a dju stm e nt.................................................................................
-5 3 .2
-5 8 .7
-1 6 .6
67.9
-
-
-
Billions of chained (2009) dollars
22
Dollars; quarters seasonally adju sted
Price, costs, and profits per unit of real gross value added of nonfinancial
corporate business:
23
Price per unit o f real gross value added of nonfinancial corporate
b u s in e s s 4 ....................................................................................................................
0.986
0.995
1.004
1.014
1.013
1.021
1.033
1.024
1.031
1.034
1.039
1.044
1.047
23
24
Compensation of employees (unit labor c o s t)..........................................................
0.569
0.575
0.574
0.583
0.589
0.583
0.590
0.581
0.590
0.590
0.596
0.600
0.597
24
25
Unit nonlabor c o s t...........................................................................................................
0.289
0.290
0.288
0.292
0.291
0.290
0.293
0.292
0.292
0.292
0.294
0.291
0.297
25
26
Consum ption of fixed capital.....................................................................................
0.152
0.151
0.150
0.152
0.151
0.151
0.153
0.153
0.152
0.153
0.155
0.154
0.156
26
27
Taxes on production and im ports less subsidies plus business current
transfer paym ents (n e t)..........................................................................................
0.098
0.099
0.099
0.100
0.101
0.101
0.101
0.101
0.102
0.101
0.100
0.099
0.100
27
28
Net interest and miscellaneous paym ents............................................................
0.039
0.040
0.039
0.040
0.039
0.038
0.039
0.038
0.038
0.038
0.039
0.038
0.041
28
29
C orporate profits w ith inventory valuation and capital consumption
adjustm ents (unit profits from current p roduction)..............................................
0.127
0.131
0.143
0.139
0.133
0.148
0.150
0.151
0.150
0.152
0.149
0.153
0.153
29
30
Taxes on corporate incom e.......................................................................................
0.029
0.030
0.031
0.031
0.029
0.030
0.031
0.029
0.033
0.033
0.032
0.034
0.034
30
31
Profits after tax with inventory valuation and capital consumption
a d ju s tm e n ts ..............................................................................................................
0.098
0.100
0.111
0.108
0.103
0.118
0.120
0.122
0.117
0.119
0.117
0.118
0.119
31
1. The current-dollar gross value added is deflated using the gross value added chain-type price index for
nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the
chain-type price index for GDP goods and structures is used.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product
of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100.
3. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross value
added and the consumption of fixed capital.
4. The deflator for gross value added of nonfinancial corporate business divided by 100.
N ote . Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
Initial Results of the 2013 Comprehensive NIPA Revision
80
August 2013
Appendix Table A. Real Gross Domestic Product and Related Aggregates and Price Indexes:
Percent Change From Preceding Period and Contributions to Percent Change—Continues
Seasonally adjusted at annual rates
2002
Line
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2007
I
2008
II
III
IV
I
Line
II
Percent change from preceding period
Gross dom estic product (G DP) and related
aggregates:
1.8
1.8
3.8
3.4
2.7
1.8
-0 .3
-
2.8
2.5
1.8
2.8
0.3
3.1
2.7
1.5
-2 .7
2.0
3.9
5.3
5.0
5.4
4.0
-0 .7
-5 .6
4.3
5.1
-0 .5
7.1
5.8
5.0
-
5.1
2.0
2.8
2.6
2.3
1.3
3
3.9
4.9
3.3
-2 .7
4
1.3
4.1
3.8
-1 .3
2.8
3.8
3.3
2.8
4.8
17.4
24.7
G D P ..................................................................................
3
S e rv ic e s..........................................................................
2.3
4
S tru c tu re s .......................................................................
-1 .7
5
M otor vehicle output.....................................................
11.4
6
GDP excluding motor vehicle o utp ut........................
1.5
7
Final sales of com puters ' .........................................
3.1
17.2
G o o d s ..............................................................................
8
GDP excluding final sales of co m p u te rs.................
9
Research and developm ent.......................................
1.8
1.2
10
11
GDP excluding research and developm ent............
1.8
12
Nonfarm business gross value added
2...........................................
3..................
13
14
15
1.3
0.4
8.6
1.1
1.1
1.2
1.6
1.8
2.8
2.1
6.1
0.8
8.8
-1 5 .3
-7 .8
-1 .7
7.3
-4 .9
-0 .5
-6 .4
-1 1 .4
-1 2 .7
0.3
-1 7 .9
-2 4 .3
30.2
10.1
13.2
1.8
0.2
-2 .3
2.0
1.7
2.5
16.3
17.3
3.7
-4 .5
10.2
12.9
2.8
1.0
2.5
1.8
2.7
0.3
3.1
1.9
1.3
-0 .3
0.8
2.4
-2 .9
2.5
1.9
2.9
0.3
3.1
1.1
-14.1
2.3
-
6.8
-
2.7
3.8
3.3
2.5
1.7
-0 .4
-
2.6
4.9
4.8
4.6
2.6
-
3.8
3.3
-0 .4
7.0
5.8
2.6
0.8
1.7
4.2
2.8
2.8
11.0
-1 5 .9
1.8
4.0
4.5
3.7
3.0
2.1
G D P ..................................................................................
1.5
2.0
2.7
3.2
3.1
G DP excluding food and e n e rg y 4............................
1.8
1.9
2.7
3.4
3.1
G DP excluding final sales of co m p u te rs.................
1.7
2.8
3.3
3.2
2.9
3.5
2.7
3.2
Farm gross value added
1
2
2.8
1
2
4.8
2.2
-1 4 .8
-1 5 .6
0.1
3.1
2.9
2.0
-2 .3
-0 .3
6.5
50.4
43.9
3.4
23.4
7
2.5
1.3
-2 .7
1.9
8
0.2
2.2
2.5
9
2.8
11.1
1.2
2.8
10
11
-
-
5
6
-1 9 .2
-2 3 .4
25.1
58.3
2.0
- 20.0
0.2
3.9
3.4
1.1
-4 .6
2.4
12
1.7
4.5
2.3
1.3
1.7
2.3
4.1
1.7
1.6
2.5
2.8
1.8
1.8
13
1.7
2.0
1.8
4.6
2.4
1.5
1.8
2.4
1.9
15
1.5
2.3
1.7
4.3
2.8
2.1
3.5
3.6
3.9
16
0.5
1.3
1.7
1.6
3.8
1.7
1.9
2.6
3.0
2.4
17
1.6
2.4
1.7
4.4
2.9
2.2
3.6
3.8
4.0
18
1.7
2.4
3.8
3.2
2.3
4.1
3.5
4.2
19
2.9
1.4
2.3
2.0
3.5
4.4
3.8
4.5
2.5
1.5
2.0
2.0
1.6
2.7
3.6
2.9
2.5
2.0
20
21
22
2.0
23
9.9
15.9
1.5
-5.1
1.1
-4 .3
3.2
2.5
3.7
2.7
1.9
0.8
1.2
2.6
2.1
0.5
1.4
2.0
1.8
2.8
2.0
0.9
1.3
3.2
2.7
3.0
0.2
3.0
2.5
2.3
-
11.5
2.6
- 20.0
2.6
-
-
-
Price indexes:
16
G ross dom estic p u rc h a s e s ........................................
1.4
2.1
2.2
17
G ross dom estic purchases excluding food and
energy 4 ......................................................................
1.6
1.9
18
G ross dom estic purchases excluding final sales
o f com puters to dom estic p u rch a se rs................
1.6
2.4
3.1
3.7
3.4
2.9
3.1
-
19
Personal consum ption expenditures (P C E )...........
1.3
2.0
2.4
2.9
2.7
2.5
3.1
-
20
21
22
PCE excluding food and energy
4............................
5....................................................
Market-based PCE excluding food and energy 5
1.7
1.5
1.9
2.2
2.2
2.1
1.3
1.4
Market-based PCE
1.1
1.9
2.4
2.7
2.5
3.4
0.4
1.5
2.5
1.5
1.4
1.7
2.2
2.8
2.0
0.1
0.1
1.2
2.2
2.0
2.3
1.9
1.0
1.4
1.8
1.8
1.8
1.8
1.8
2.8
0.3
3.1
2.7
1.5
-2 .7
-
14
C ontributions to percent change in real gross dom estic product
Percent change at annual rate:
1.8
2.8
3.8
3.4
2.7
1.8
24 G o o d s ...................................................................................
0.57
1.47
1.57
1.17
1.37
1.20
1.22
1.60
25 S ervice s...............................................................................
1.70
1.52
1.39
1.36
26 S tru c tu re s ...........................................................................
-0 .1 7
0.37
0.50
0.36
-0 .3 0
27 M otor vehicle o u tp u t.........................................................
0.37
0.04
0.13
28 Final sales of com p ute rs..................................................
0.03
0.12
0.03
29 Research and developm ent............................................
0.03
0.07
0.06
0.12
0.10
0.12
23
G ross dom estic product......................................
-0 .3
-2 .8
2.5
0.21
-1 .6 3
2.39
1.26
1.53
-0 .1 8
2.06
1.70
1.46
-1.81
1.42
24
0.81
0.23
0.72
0.70
0.76
0.96
1.10
1.70
0.47
0.82
25
-0 .7 4
-0 .8 9
-1 .4 0
-0.61
0.12
0.49
-0 .5 2
-0 .0 4
0.68
1.22
- 1.21
-1 .3 2
-0 .2 5
26
-0 .0 4
0.01
-0 .4 9
-0 .5 3
0.53
0.23
0.32
0.31
0.13
-0 .0 6
-0 .4 3
-0 .4 3
-0 .5 4
27
0.14
0.09
0.09
0.02
0.04
0.05
0.23
0.21
0.02
0.12
28
0.11
0.07
0.05
0.04
0.00
0.02
0.04
0.11
0.06
0.01
0.26
0.06
0.06
29
Percentage points at annual rates:
1. For some components of final sales of computers, includes computer parts.
2. Farm output less intermediate goods and services purchased.
3. Consists of GDP less gross value added of farm, of households and institutions, and of general government.
4. Food excludes personal consumption expenditures for purchased meals and beverages, which are dassified in food services.
-
-
0.02
0.02
-
-
-
0.01
-
5. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment)
and the final consumption expenditures of nonprofit institutions serving households.
See “Explanatory Note” at the end of the tables,
August 2013
81
S u r v e y o f C u r r e n t B u s in e s s
Appendix Table A. Real Gross Domestic Product and Related Aggregates and Price Indexes:
Percent Change From Preceding Period and Contributions to Percent Change—Table Ends
Seasonally adjusted at annual rates
Line
2008
III
2010
2009
IV
I
II
III
IV
2011
II
I
IV
III
I
2012
II
III
IV
2013
IV
I
Line
I
II
III
II
4.8
-
0.1
1.2
1.6
-
0.6
0.3
0.4
3
4.7
12.7
-9 .2
7.9
4
-
5
Percent change from preceding period
Gross dom estic product (G DP) and related
aggregates:
1
2
2.0
G D P .................................................................................
-
G oods..............................................................................
-4 .5
-
-8 .3
-5 .4
-0 .4
1.3
3.9
1.6
3.9
2.8
22.2
-8 .9
0.4
4.0
16.4
10.4
4.7
9.7
2.0
1.7
2.8
6.0
1.6
1.7
2.9
1
2
0.2
1.5
1.3
0.2
2.4
8.2
9.5
8.4
7.3
4.5
31.5
-5 .2
28.4
6.3
0.2
10.4
4.4
3.1
1.1
2.9
2.8
0.2
9.2
3.4
11.0
1.1
25.4
2.0
22.6
0.9
1.4
6
0.5
-
2.8
44.3
35.0 -2 1 .7
0.9
50.3
17.5
19.3
7
2.7
-1 .4
3.2
1.4
4.7
1.3
2.8
0.0
8
-
0.1
1.0
1.1
-0 .3
2.2
1.7
0.4
3.3
9
2.7
-1 .3
3.2
1.4
5.0
3.8
1.3
2.8
0.1
1.1
0.2
1.2
1.6
2.2
1.6
6.6
43.0
-3 .0
5.1
-3 0 .8
-2 7 .0
4.7
4.2
4.2
12.1 -3 1 .3
- 2.1
4.7
1.7
5.9
5.0
1.6
4.1
0.7
-0 .3
2.6
10
11
12
S e rv ic e s .........................................................................
0.2
0.3
1.0
1.6
0.8
1.2
0.1
S tructu re s.......................................................................
-7 .7
-1 7 .6
-2 3 .5
-1 7 .2
-4 .0
-1 5 .2
-1 6 .7
27.8
123.8
16.3
36.8
18.0
24.1
-1 3 .2
0.1
3.7
0.9
3.6
2.3
3.2
-1 8 .9
-1 3 .1
8.0
34.6
4.1
2.8
1.0
5.7
-
1.1
0.5 -1 5 .3
3
4
18.3 -1 3 .8
3.2
1.4
4.9
3.7
5.9
-0 .3
15.5
5.6
-
2.8
5.5
1.2
0.6
1.1
-1 .3
-0 .9
5
M otor vehicle o u tp u t....................................................
-24.1
-60.1
-5 7 .5
6
GDP excluding m otor vehicle o u tp u t......................
-1 .4
- 6.8
-4 .2
-
7
Final sales of com puters
1.........................................
-7 .3
2.1
32.7
-4.1
8
GDP excluding final sales of com p ute rs................
-1 .9
-8 .4
-5 .6
-0 .4
1.4
4.0
1.5
9
Research and developm ent.......................................
-4 .3
-0 .7
-5 .6
4.2
0.1
3.9
1.1
10
11
12
G DP excluding research and deve lo pm en t...........
-1 .9
-8 .5
-5 .4
-0 .5
2.........................................
-8 .5
79.7
0.1
5.1
3..................
-3.1
12.0
-7 .4
-
1.1
1.0
0.2
-
0.6
0.0
0.6
1.2
1.3
1.9
1.8
2.1
1.6
0.5
2.0
1.8
2.3
1.1
1.3
0.7
13
1.9
1.7
1.6
1.3
1.7
1.9
2.6
2.6
2.5
0.4
1.9
0.9
2.4
1.5
1.3
1.4
1.6
1.1
14
Farm gross value added
Nonfarm business gross value added
-
0.8
-
27.5 -2 7 .2
1.3
3.9
1.6
68.0 -1 6 .8 -1 6 .9
0.8
2.1
5.0
-
-
4.0
29.8
-
2.8
1.2 -2 5 .6
-
3.6
-
1.1
-
-
179.6 -1 4 .2
Price indexes:
13
G D P ..................................................................................
2.8
0.8
14
GDP excluding food and energy
4...........................
2.5
-0 .4
15
GDP excluding final sales of com puters................
2.8
0.9
1.1
-0 .5
0.1
1.9
1.9
2.1
1.7
2.7
2.5
0.5
2.0
1.2
1.4
0.8
15
3.8
-3 .6
-2 .4
0.3
1.3
1.8
1.0
1.3
2.3
2.8
3.5
2.0
0.9
2.3
1.8
1.0
2.3
G ross dom estic purcha ses........................................
1.2
2.2
1.4
16
1.4
1.6
1.2
0.3
16
17
Gross dom estic purchases excluding food and
energy 4......................................................................
2.5
0.0
0.6
0.4
0.3
1.8
1.5
1.4
1.1
1.4
1.8
2.6
1.8
1.0
2.2
1.5
1.2
1.3
1.4
0.8
17
18
Gross dom estic purchases excluding final sales
of com puters to dom estic purchasers.................
3.9
-3 .5
-2 .3
0.4
1.4
2.3
1.8
1.0
1.3
2.3
3.0
3.6
2.1
0.9
2.3
0.3
18
4.1
-5 .6
-
2.2
2.5
0.5
1.2
3.7
2.3
1.3
2.3
1.7
1.1
19
4 ...........................
5 ..................................................
M arket-based PCE excluding food and energy 5
1.8
0.4
0.5
1.1
Market-based PCE
5.1
-5 .5
-1 .3
2.7
2.4
1.0
1.1
2.6
1.6
2.0
2.3
1.1
1.6
0.7
1.1
0.2
0.8
1.0
1.1
0.8
2.1
0.8
2.1
0.6
3.0
PCE excluding food and energy
2.8
2.1
1.4
20
21
22
1.8
2.0
2.1
1.6
1.6
1.3
Personal consum ption expenditures (P C E )...........
1.0
1.1
1.4
19
20
21
22
-
-
1.3
2.2
2.0
1.6
2.2
1.8
1.4
1.3
1.4
3.4
4.0
2.4
1.3
2.3
0.9
1.6
1.4
1.3
1.5
2.3
2.1
1.6
2.2
1.7
1.3
0.9
1.6
0.0
0.8
- 0.2
0.6
3.2
1.4
4.9
3.7
1.2
2.8
0.1
1.1
1.7
23
Contributions to percent change in real gross dom estic product
Percent change at annual rate:
23
Gross dom estic p ro d u c t....................................
-2 .0
-8 .3
-5 .4
-0 .4
24 G oods..................................................................................
-1 .4 0
-6 .8 9
-2 .6 2
25 S e rv ic e s ..............................................................................
0.16
0.26
-0 .5 5
26 S tructu re s...........................................................................
-0 .7 3
-1 .7 0
27 M otor vehicle o u tp u t........................................................
-0 .6 2
-1 .7 6
28 Final sales of co m p ute rs................................................
-0 .0 4
0.02
29 Research and deve lo pm en t..........................................
-
1.3
3.9
1.6
3.9
2.8
2.8
-1 .3
0.02
1.06
4.37
2.90
1.40
2.74
1.74 -0.31
1.71
0.10
4.43
1.72
0.22
1.46 -0 .3 6
1.63
0.88
24
1.08
0.52
0.75
0.02
1.30
1.09
1.03
0.13
0.95
0.85 -
0.12
1.50
0.69
1.00 -0 .3 5
0.21
0.24
25
-2 .2 7
-1 .5 2
-0 .2 9
-1 .2 4
-1 .3 3
0.04 -
1.11
0.53
0.62
0.56
0.49
0.30
0.32
0.85
-0 .7 0
0.55
26
-1 .3 4
0.35
1.38
0.30
0.67
0.63 -0 .1 3
0.25
0.57
0.66
0.17
0.24
0.27
27
0.15
0.01 -0 .0 7
0.00 0.16
0.04
0.01
Percentage points at annual rates:
0.16 -
0.11 - 0.02 -0 .1 3
0.02 - 0.10 -0 .0 6
0.11 0.00 0.10
1. For some components of final sales of computers, includes computer parts.
2. Farm output less intermediate goods and services purchased.
3. Consists of GDP less gross value added of farm, of households and institutions, and of general government.
4. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.
1.20 -1 .0 5
0.38
0.50 -0 .3 2
-
0.11 -0 .1 4 -0 .0 3
0.12
0.09
0.01 - 0.01
0.14
0.06
0.00
0.03
0.03 -0 .0 3
0.03 - 0.01
0.13 -0 .0 3
0.11
-0 .0 6
0.07
0.07
28
0.00
0.08
29
5. This index is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most implicit prices (for example, financial services furnished without payment)
and the final consumption expenditures of nonprofit institutions serving households.
See “Explanatory Note” at the end of the tables,
Explanatory Note: NIPA Measures of Quantities and Prices
Current-dollar GDP is a measure of the market value of goods, services, and structures produced in the economy
in a particular period. Changes in current-dollar GDP can be decomposed into quantity and price components.
Quantities, or “real” measures, and prices are expressed as index numbers with the reference year— at present,
the year 2009—equal to 100.
Annual changes in quantities and prices are calculated using a Fisher formula that incorporates weights from
two adjacent years. (Quarterly changes in quantities and prices are calculated using a Fisher formula that incor
porates weights from two adjacent quarters; quarterly indexes are adjusted for consistency to the annual indexes
before percent changes are calculated.) For example, the 2008-09 annual percent change in real GDP uses
prices for 2008 and 2009 as weights, and the 2008-09 annual percent change in GDP prices uses quantities for
2008 and 2009 as weights. These annual changes are “chained” (multiplied) together to form time series of quan
tity and price indexes. Percent changes in Fisher indexes are not affected by the choice of reference year. (BEA
also publishes a measure of the price level known as the implicit price deflator (IPD), which is calculated as the
ratio of the current-dollar value to the corresponding chained-doliar value, multiplied by 100. The values of the
IPD are very close to the values of the corresponding “chain-type” price index.)
Index numbers of quantity and price indexes for GDP and its major components are presented in this release
in tables 5 and 6. Percent changes from the preceding period are presented in tables 1, 4, 7, 8, and appendix
table A. Contributions by major components to the percent change in real GDP are presented in table 2.
Measures of real GDP and its major components are also presented in dollar-denominated form, designated
“chained (2009) dollar estimates.” For most series, these estimates, which are presented in table 3, are computed
by multiplying the current-dollar value in 2009 by a corresponding quantity index number and then dividing by
100. For example, if a current-dollar GDP component equaled $100 in 2009 and if real output for this component
increased 10 percent in 2010, then the chained (2009) dollar value of this component in 2010 would be $110
(= $100 x 1 1 0 / 100). Percent changes calculated from chained-dollar estimates and from chain-type quantity
indexes are the same; any differences will be small and due to rounding.
Chained-dollar values for the detailed GDP components will not necessarily sum to the chained-dollar estimate
of GDP (or to any intermediate aggregate). This is because the relative prices used as weights for any period
other than the reference year differ from those of the reference year. A measure of the extent of such differences
is provided by a “residual” line, which indicates the difference between GDP (or other major aggregate) and the
sum of the most detailed components in the table. For periods close to the reference year, when there usually has
not been much change in the relative prices that are used as weights, the residuals tend to be small, and the
chained-dollar estimates can be used to approximate the contributions to growth and to aggregate the detailed
estimates. For periods further from the reference year, the residuals tend to be larger, and the chained-dollar esti
mates are less useful for analyses of contributions to growth. Thus, the contributions to percent change shown in
table 2 provide a better measure of the composition of GDP growth. In particular, for components for which rela
tive prices are changing rapidly, calculation of contributions using chained-dollar estimates may be misleading
even just a few years from the reference year.
Reference: “Chained-Dollar Indexes: Issues, Tips on Their Use, and Upcoming Changes,” November 2003
S urvey o f C urrent B us ine ss , pp. 8-16.
82
August 2013
U.S. Affiliates of Foreign Companies
Operations in 2011
By Thomas Anderson
• Research and development performed by affiliates
N JULY 31, 2013, the Bureau o f Economic Analy
rose 7 percent in 2011.
sis (BEA) released preliminary statistics on the
operations o f U.S. affiliates of foreign companies in
2011. These statistics cover the finance and operations
of U.S. affiliates, including balance sheet details, em
Data Availability
ployment and employee compensation, sales, capital
Detailed preliminary statistics from the 2011 Annual
expenditures, trade in goods, and expenditures for re
Survey of Foreign Direct Investment in the United
search and development (see the box “Data Availabil
States have been posted in electronic files that can be
ity”). Unlike previous years, BEA will not publish an
downloaded at no charge from BEA’s Web site at
article that analyzes these statistics (see the box “Im
www.bea.gov. Revised statistics will be released in
2014. Detailed statistics on U.S. affiliate operations for
pact o f Sequestration on Analytical Articles”), but
1977-2010 are also available on BEA’s Web site.
some major results are noted below.
More information on these products and how to
The value added of majority-owned U.S. affiliates of
access
them is available at www.bea.gov/international/
foreign companies in current dollars rose 11 percent in
dilfdiop.htm.
2011, after a similar increase in 2010. The value added
of U.S. affiliates, which measures their contribution to
gross domestic product, totaled $736.4 billion in 2011
(table l ) .1
The value added by affiliates grew more rapidly in
Impact of Sequestration
2011 than the overall U.S. economy. As a result, the
on Analytical Articles
share of value added by U.S. private industry ac
The impact of sequestration and reduced funding lev
counted for by affiliates rose from 5.9 percent to 6.3
els for fiscal year 2013 for the Bureau of Economic
percent. The higher growth rate of value added by affil
Analysis (BEA) necessitate that BEA eliminate analyti
iates reflected both acquisitions of U.S. companies by
cal activities related to foreign direct investment and
foreign direct investors and the concentration o f affili
the operations of multinational companies. This
includes elimination of the detailed analytical S u r v e y
ates in industries that grew rapidly in 2011, such as
o f C u r r e n t B u s i n e s s article that has historically accom
mining and manufacturing.
panied the release of statistics from BEA’s Annual Sur
Majority-owned U.S. affiliates employed 5.6 million
vey
of Foreign Direct Investment in the United States.
workers in 2011, an increase o f 3.8 percent, following a
The
collection of data on direct investment flows and
similar increase in 2010. The share o f U.S. private in
on the finance and operations of multinational firms
dustry employment by U.S. affiliates was 5.0 percent.
is unaffected by sequestration reductions. The BEA
Some additional highlights of the data:
Web site presents the full set of 2011 statistics on the
• Seven countries— Canada, France, Germany, the
finance and operations of U.S. affiliates of foreign
Netherlands, Switzerland, the United Kingdom, and
companies.
Japan— accounted for nearly three-fourths of the
BEA understands that all of its analytical products
value added by affiliates in 2011, roughly the same
and statistical programs are of high value to public
as in previous years.
and private sector decision-makers. Very careful con
sideration was given to program reductions in an
• Exports o f goods by U.S. affiliates rose 27 percent in
effort to minimize the impact on data users. For more
.
information, see “BEA FY 2013 Budget Impacts” at
• Imports of goods by U.S. affiliates rose 17 percent in
www.bea.gov
under “Media” and “What’s New”
2011.
O
2011
1. The estimates o f value added for U.S. affiliates were prepared by sum
ming data for costs and profits collected in the annual and benchmark sur
veys of foreign direct investment in the United States.
Tables 1 and 2.1 through 3.2 follow.
August 2013
83
S u r v e y o f C u r r e n t B u s in e s s
Table 1. Value Added and Employment of Majority-Owned U.S. Affiliates of Foreign Companies, 1997,2002,2007-2011
Employment
Value added
As a percentage
of U.S. private industry
value added1
Millions
of dollars
As a percentage
of U.S. private industry
employment2
Thousands
of workers
1997......................................................................................................
n.a.3
n.a.3
4,372.4
4.1
2002......................................................................................................
n.a.3
n.a.3
5,570.4
4.9
2007......................................................................................................
680,605
6.1
5,588.2
4.7
2008......................................................................................................
646,648
5.7
5,636.2
4.8
2009......................................................................................................
592,485
5.5
5,290.3
4.7
2 0 1 0 '....................................................................................................
660,793
5.9
5,435.4
4.9
2011 p ...................................................................................................
736,380
6.3
5,640.7
5.0
-5.0
-8.4
n.a.
0.9
n.a.
n.a.
-6.1
n.a.
11.5
11.4
n.a.
2.7
n.a.
n.a.
3.8
n.a.
Addendum: Percent change at annual rates
2007-2008............................................................................................
2008-2009............................................................................................
2009-2010............................................................................................
2010-2011............................................................................................
p Preliminary
r Revised
n.a. Not available
1.
For improved comparability with U.S.-affiliate value added, U.S. private industry value added was
adjusted to exclude value added in private households, imputed rental income from owner-occupied
housing, and business transfer payments.
For the latest estimates of U.S. private industry value added, see Aaron A. Elrod, Brian M. Lindberg,
and Edward T. Morgan “Annual Industry Accounts: Advance Statistics on GDP by Industry for 2012”
S urvey o f C urr en t B usiness 93 (May 2013): 26-42.
2. For improved comparability with U.S.-affiliate employment, U.S. private industry employment was
adjusted to exclude employment in private households. For consistency with the coverage of the data
on U.S. private industry employment, U.S.-affiliate employment in Puerto Rico, in “other U.S. areas,”
and in lo re ig n ” was excluded from the U.S.-affiliate totals when the employment shares were
computed.
3. Statistics on value added for all majority-owned U.S. affiliates are not available before 2007,
because the data needed to estimate value added for bank affiliates were not collected on BEA’s
annual or benchmark surveys.
84
U.S. Affiliates of Foreign Companies
August 2013
Table 2.1. Selected Financial and Operating Data of Majority-Owned U.S. Affiliates by Industry of Affiliate, 2010
Millions of dollars
Millions of dollars
Thousands U.S. exports
Compensation of employees
of goods
of employees
shipped by
affiliates
Total
assets
Gross
property,
plant, and
equipment
Expenditures
for property,
plant, and
equipment
Sales
Net
income
Value
added
( 1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
U.S. imports
of goods
shipped to
affiliates
Research and
development
performed by
affiliates
(9)
( 10)
( 11)
All industries..........................................................................
11,966,026
1,579,145
156,172
3,119,438
96,956
660,793
415,550
5,435.4
239,880
543,254
42,360
Manufacturing.....................................................................................
1,649,954
724,311
61,003
1,284,051
39,283
311,762
169,201
2,013.5
144,814
235,524
30,858
F ood..................................................................................................
Beverages and tobacco products..................................................
Paper.................................................................................................
Petroleum and coal products
82,799
89,079
11,414
262,943
32,874
16,955
11,006
204,289
2,945
682
368
21,116
93,477
32,080
13,404
261,902
4,967
1,951
386
12,072
3,261
2,167
9,677
204.3
42.9
29.7
50.0
6,928
1,191
1,237
17,127
4,391
1,045
78,012
486
27
63
(D)
21,566
14,143
3,392
50,436
Chemicals..............................
Basic chemicals...............
Pharmaceuticals and medicines...............................................
O th e r............................................................................................
394,495
67,473
246,462
80,560
129,718
46,720
51,705
31,293
8,329
1,920
3,752
2,657
278,384
75,947
140,871
61,566
29,853
14,086
13,201
2,566
74,515
14,491
46,387
13,637
38,465
5,928
25,077
7,460
301.7
58.3
162.6
80.8
37,559
11,758
15,992
9,809
48,793
14,604
24,486
9,703
16,815
597
15,388
830
Plastics and rubber products
Nonmetallic mineral products........................................................
Primary and fabricated metals.......................................................
Primary m etals................
Fabricated metal products.........................................................
36,127
91,619
107,998
79,808
28,190
21,761
64,676
57,689
44,521
13,169
1,242
1,613
4,543
3,720
822
40,672
39,884
96,892
68,660
28,232
1,426
-1,835
186
-1,045
1,231
11,315
12,965
18,490
10,726
7,763
7,295
9,070
13,692
8,163
5,529
114.8
113.0
189.7
114.4
75.3
4,651
1,548
10,225
7,003
3,223
7,853
871
9,084
5,499
3,584
395
238
347
97
250
2,666
(D)
Machinery.........................................................................................
138,291
27,194
2,706
88,722
2,203
25,410
19,233
219.1
15,620
13,081
2,539
Computers and electronic products..............................................
Semiconductors and other electronic components...............
Navigational, measuring, and other instruments....................
O the r............................................................................................
106,932
46,760
29,975
30,197
23,549
11,773
5,444
6,332
1,771
910
424
437
72,859
26,998
21,656
24,205
840
-345
363
822
17,655
4,201
6,900
6,555
13,839
3,792
5,003
5,044
158.5
51.5
53.1
53.8
15,300
6,631
5,527
3,142
15,125
4,498
5,307
5,321
5,210
1,583
1,168
2,459
Electrical equipment, appliances, and components...................
Transportation equipment...............................................................
Motor vehicles, bodies and trailers, and parts........................
O th e r............................................................................................
O th e r.................................................................................................
46,594
225,277
169,167
56,110
56,387
8,937
107,334
92,976
14,358
18,327
467
13,776
12,463
1,313
1,445
27,243
204,048
155,106
48,942
34,483
1,449
5,501
3,484
2,017
5,066
27,714
14,607
13,107
7,650
66.4
417.3
229.1
188.2
106.2
3,809
23,172
16,131
7,041
6,446
4,251
46,041
40,900
5,141
4,310
627
2,571
1,519
1,052
(D)
7,710
41,794
24,639
17,155
12,372
Wholesale trade.................................................................................
Motor vehicles and motor vehicle parts and supplies................
Electrical goods...............................................................................
Petroleum and petroleum products...............................................
O th e r.....................................
590,975
201,742
56,569
83,851
248,813
186,875
94,271
13,568
31,070
47,965
24,808
11,418
3,205
5,280
4,904
810,156
166,758
106,237
220,470
316,692
8,233
1,407
875
481
5,470
65,122
5,776
10,174
5,375
43,797
46,786
7,126
8,223
1,746
29,691
542.3
80.5
81.2
18.0
362.6
83,392
11,746
9,902
14,315
47,429
280,930
78,530
62,915
28,843
110,641
6,084
284
1,336
Retail trade...............................
Food and beverage stores..............................................................
O the r.................................................................................................
81,841
35,405
46,436
50,135
31,404
18,731
4,263
2,532
1,731
134,726
73,910
60,816
1,774
811
963
29,760
17,498
12,262
15,782
8,981
6,801
485.3
279.5
205.8
1,041
11,507
(D)
(D)
(D)
(D)
(D)
(D)
Information..........................................................................................
Publishing industries
Telecommunications
O the r........................
253,689
62,543
77,488
113,657
61,997
4,921
42,580
14,496
6,473
471
4,607
1,395
116,180
27,082
36,482
52,616
4,886
1,865
127
2,894
35,947
11,604
11,213
13,130
22,850
8,375
4,121
10,353
241.0
83.5
58.8
98.8
1,443
978
3
462
(D)
360
(D)
(D)
1,309
1,007
139
162
Finance and insurance.....................................................................
Depository credit intermediation (banking)..................................
Finance, except depository institutions........................................
Insurance carriers and related activities.......................................
8,245,861
3,176,460
3,322,697
1,746,704
83,887
24,371
42,880
16,636
15,149
3,230
9,980
1,940
357,469
81,091
123,488
152,890
25,526
7,075
10,291
8,161
69,338
24,363
17,858
27,117
64,500
13,459
33,315
17,726
402.2
144.1
129.6
128.5
0
(*)
(D)
0
0
0
(*)
(D)
(D)
(D)
Real estate and rental and leasing..
Real esta te ........................................
Rental and leasing (except real estate)........................................
142,192
123,090
19,102
114,327
104,783
9,545
6,573
5,724
850
24,273
18,837
5,436
311
214
97
11,820
9,284
2,536
2,483
1,289
1,194
38.7
25.1
13.6
(D)
(D)
(D)
(D)
(D)
(*)
(D)
Professional, scientific, and technical services........................
Architectural, engineering, and related se rvices........................
Computer systems design and related services.........................
Management, scientific, and technical consulting......................
O th e r.................................................................................................
154,442
18,899
54,201
14,032
67,311
15,233
3,490
4,652
779
6,312
1,621
478
489
-2,386
366
225
231
-3,209
30,115
6,254
11,197
2,644
10,019
26,511
5,283
10,348
2,313
8,566
273.0
58.7
93.7
22.5
98.1
917
814
(D)
275
3,486
543
88,776
14,085
29,415
5,043
40,233
(D)
(D)
Other industries.................................................................................
Mining................................................................................................
Utilities..............................................................................................
Construction.....................................................................................
Transportation and warehousing...................................................
Administration, support, and waste management......................
Health care and social assistance................................................
Accommodation and food services...............................................
O the r.................................................................................................
847,072
166,083
155,103
32,117
108,750
57,464
18,904
30,821
277,830
342,379
117,642
105,099
8,042
67,095
15,779
4,163
17,316
7,244
36,280
17,020
9,590
1,180
5,337
1,223
384
770
776
303,807
50,434
63,640
40,614
60,165
39,141
11,348
26,654
11,811
19,329
4,586
-1,937
734
3,464
-1,398
637
267
12,976
106,929
24,464
14,348
8,225
17,582
20,224
5,879
13,219
2,988
67,435
8,904
4,801
6,825
1,439.3
89.2
45.1
69.8
261.6
444.8
70.9
377.0
80.8
(D)
5,840
602
170
(D)
(D)
(D)
(*)
792
(D)
2,610
3,258
399
(D)
(D)
(D)
(*)
108
* Less than $500,000
D Suppressed to avoid disclosure of data of individual companies.
112
12,122
16,584
4,169
10,697
3,335
0
0
0
0
0
(D)
(D)
(D)
0
(D)
86
0
0
989
37
2,374
461
169
8
15
(D)
(D)
(D)
(*)
108
August
2013
S u rv ey of C urren t B usiness
85
Table 2.2 Selected Financial and Operating Data of Majority-Owned U.S. Affiliates by Industry of Affiliate, 2011
Millions of dollars
Millions of dollars
Total
assets
Gross
property,
plant, and
equipment
Expenditures
for property,
plant, and
equipment
Thousands
Compensation of employees
of employees
Sales
Net
income
Value
added
( 1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
( 10)
U.S. exports
of goods
shipped by
affiliates
U.S. imports Research and
development
of goods
shipped to
performed by
affiliates
affiliates
(11)
All industries........................................................................
12,333,538
1,684,436
177,288
3,511,330
133,288
736,380
437,897
5,640.7
303,691
636,191
45,229
Manufacturing....................................................................................
1,779,712
773,597
65,761
1,504,665
57,527
336,867
175,364
2,081.3
187,991
287,350
31,617
F ood..................................................................................................
Beverages and tobacco products.................................................
Paper.................................................................................................
Petroleum and coal products.........................................................
87,354
97,001
10,750
281,419
35,765
17,016
10,769
216,895
3,055
831
443
16,719
101,590
33,152
13,188
344,013
5,704
2,039
328
10,188
23,330
14,096
3,181
51,054
12,506
3,071
2,032
10,126
204.0
41.5
27.0
53.3
8,461
1,583
1,303
30,701
4,980
2,789
1,159
93,571
502
Chemicals.........................................................................................
Basic chemicals..........................................................................
Pharmaceuticals and medicines..............................................
O ther............................................................................................
402,478
71,079
248,647
82,752
134,233
51,748
52,467
30,017
9,007
3,060
3,734
2,213
300,850
94,655
142,660
63,534
23,082
5,104
15,097
2,882
76,469
17,809
44,589
14,070
36,930
6,778
22,889
7,262
295.3
64.6
154.3
76.5
41,157
16,394
15,422
9,340
54,268
19,728
23,826
10,715
16,520
626
15,102
792
Plastics and rubber products.........................................................
Nonmetallic mineral products........................................................
Primary and fabricated m e tals.....................................................
Primary m etals............................................................................
Fabricated metal products.........................................................
38,991
87,878
120,574
89,886
30,688
22,820
64,751
60,642
46,617
14,025
1,659
1,701
4,700
3,871
828
47,086
41,453
117,098
84,117
32,981
2,682
-1,896
1,978
659
1,319
13,223
12,294
23,520
13,977
9,543
7,681
9,249
15,292
8,823
6,469
126.7
114.8
203.6
121.4
82.2
5,496
1,785
11,741
7,979
3,762
10,577
975
11,894
7,555
4,339
430
253
436
143
293
21
55
(D)
Machinery.........................................................................................
139,464
26,089
2,403
94,994
4,571
26,892
19,275
217.4
17,322
12,962
2,555
Computers and electronic products..............................................
Semiconductors and other electronic components...............
Navigational, measuring, and other instruments....................
O the r............................................................................................
115,173
54,567
32,130
28,475
27,182
14,334
7,701
5,147
3,787
2,950
594
242
78,686
29,197
26,668
22,821
-2,874
- 1,102
-1,434
-338
19,468
5,065
8,049
6,354
14,843
4,290
5,809
4,743
161.8
52.8
60.6
48.4
15,588
6,366
6,464
2,757
15,998
5,202
6,184
4,612
5,191
Electrical equipment, appliances, and components...................
Transportation equipment..............................................................
Motor vehicles, bodies and trailers, and parts........................
O the r............................................................................................
O the r.................................................................................................
69,942
270,042
213,791
56,250
58,645
9,862
128,768
113,139
15,629
18,805
592
19,155
17,972
1,182
1,709
30,904
264,207
217,123
47,083
37,443
1,980
7,218
6,284
934
2,526
8,613
51,571
35,487
16,084
13,157
5,445
31,267
18,415
12,852
7,648
69.9
459.5
285.3
174.3
106.3
5,042
41,150
33,778
7,371
6,663
5,472
68,146
63,098
5,048
4,559
648
3,805
2,899
906
Wholesale trade.................................................................................
Motor vehicles and motor vehicle parts and supplies................
Electrical goods...............................................................................
Petroleum and petroleum products..............................................
O ther.................................................................................................
638,541
210,294
65,831
102,516
259,899
204,928
102,843
18,465
38,469
45,151
31,769
14,851
4,054
8,263
4,600
937,856
196,465
123,852
265,863
351,676
15,585
4,071
1,091
663
9,760
75,829
10,683
12,673
6,897
45,577
50,233
7,289
9,437
3,463
30,044
546.6
87.9
89.0
17.0
352.7
103,537
17,308
10,529
19,035
56,664
319,858
86,786
75,280
30,777
127,014
7,014
362
1,957
Retail trade..........................................................................................
Food and beverage stores.............................................................
O the r............................
84,031
36,825
47,206
51,379
33,045
18,334
4,010
2,601
1,409
144,702
81,208
63,494
2,410
1,142
1,267
32,160
19,139
13,021
16,148
9,282
488.5
288.1
200.4
706
(D)
13,290
9
(D)
(D)
0
6,866
253,111
63,104
75,050
114,958
62,209
4,967
42,767
14,475
5,957
553
4,250
1,154
118,476
27,930
37,278
53,268
4,466
3,138
2,007
-679
36,835
13,072
11,537
12,227
23,206
8,610
4,122
10,474
242.3
85.8
57.9
98.7
1,504
976
(D)
209
(D)
1,455
1,052
Finance and insurance....................................................................
Depository credit intermediation (banking)..................................
Finance, except depository institutions.......................................
Insurance carriers and related activities......................................
8,389,869
3,717,743
2,940,522
1,731,605
87,120
27,626
42,272
17,221
17,315
2,573
12,765
1,977
353,241
92,603
106,497
154,142
24,745
7,736
6,411
10,598
77,833
27,201
26,167
24,465
66,780
17,599
31,329
17,852
409.1
171.1
114.0
123.9
Real estate and rental and leasing...............................................
Real estate......................................................................................
Rental and leasing (except real estate).......................................
135,403
115,700
19,703
108,997
99,648
9,349
8,956
7,952
1,004
25,024
19,046
5,978
1,676
1,485
191
12,993
10,104
2,889
2,624
1,345
1,279
Professional, scientific, and technical services........................
Architectural, engineering, and related services........................
Computer systems design and related services........................
Management, scientific, and technical consulting......................
O the r................................................................................................
151,191
19,698
51,758
8,766
70,970
16,438
3,963
5,161
467
6,847
1,826
431
622
60
713
95,465
14,677
32,694
4,909
43,185
-6 7
649
1,993
80
-2,789
36,202
7,001
14,922
2,502
11,778
28,660
5,759
11,074
Other industries.................................................................................
Mining...............................................................................................
Utilities..............................................................................................
Construction....................................................................................
Transportation and warehousing..................................................
Administration, support, and waste management......................
Health care and social assistance................................................
Accommodation and food services..............................................
O the r................................................................................................
901,681
224,491
154,041
32,668
102,765
59,743
21,399
31,524
275,049
379,768
156,366
108,134
7,445
59,462
17,275
4,312
17,946
8,828
41,693
23,449
8,947
1,118
4,255
1,081
372
851
1,620
331,901
71,982
69,296
41,246
54,003
41,463
11,885
28,373
13,653
26,947
8,215
1,592
791
3,832
-1,322
127,660
37,524
14,683
8,099
18,425
22,989
6,716
14,045
5,178
Information.....................
Publishing industries..
Telecommunications...
O the r...........................
* Less than $500,000
D Suppressed to avoid disclosure of data of individual companies.
-200
339
13,701
(D)
(D)
(D)
(D)
1,686
1,256
2,249
(D)
(D)
(D)
9
(D)
(D)
0
0
67
0
0
0
0
0
0
(D)
(D)
40.5
25.1
15.4
(D)
(D)
0
0
(D)
(D)
(D)
620
505
(D)
385
(D)
(D)
2,122
290.0
61.1
97.0
21.9
0
0
9,705
110.0
(D)
(D)
4,149
107
1,237
29
2,777
74,882
12,951
4,684
6,667
12,393
18,480
4,561
11,342
3,803
1,542.4
118.6
45.6
71.4
262.5
482.2
77.8
397.2
87.1
(D)
6,404
1,059
(D)
(D)
(D)
(D)
(*)
803
(D)
3,051
2,891
254
(D)
484
18
32
(D)
(D)
(D)
(D)
(*)
248
1
(D)
(*)
(D)
(D)
(*)
136
86
U.S. Affiliates of Foreign Companies
August 2013
Table 3.1. Selected Financial and Operating Data of Majority-Owned U.S. Affiliates by Country of Ultimate Beneficial Owner, 2010
Millions of dollars
Millions of dollars
Thousands U.S. exports
of goods
Compensation of employees
shipped by
of employees
affiliates
U.S. imports Research and
of goods
development
shipped to performed by
affiliates
affiliates
Total
assets
Gross
property,
plant, and
equipment
Expenditures
for property,
plant, and
equipment
Sales
Net
income
Value
added
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
All countries..........................................................................
11,966,026
1,579,145
156,172
3,119,438
96,956
660,793
415,550
5,435.4
239,880
543,254
Canada..................................................................................................
1,351,621
175,226
17,760
225,339
7,131
57,667
33,662
525.5
10,409
29,533
535
Europe..................................................................................................
939,524
24,320
6,537
4,840
104,469
90,354
912
368
7,415
1,884,774
51,824
16,901
14,183
248,471
70,379
2,389
27
621
13,651
439,284
16,956
3,132
3,847
60,011
283,556
6,622
2,403
2,784
40,259
3,621.2
153.9
25.5
25.9
521.3
131,782
2,178
1,166
1,397
17,577
241,349
Belgium
Denmark..................................................................................
Finland
France
8,490,978
186,402
33,209
44,929
1,341,346
5,983
4,676
20,018
31,443
279
412
602
4,954
Germany
Ireland........
Italy..
Netherlands
1,457,005
196,693
126,997
943,077
212,634
25,834
1,382
2,024
9,813
370,112
53,339
43,173
293,309
14,534
1,356
17,135
75,844
20,422
9,531
44,778
51,728
15,023
5,705
26,060
575.7
160.5
82.8
356.9
32,555
3,542
3,480
19,883
63,379
3,068
6,382
43,824
5,300
1,184
426
1,892
31,723
15,825
80,696
259,607
51,574
4,403
...................
...................
...................
...................
320,993
93,354
1,371,191
2,266,614
109,167
4,740
24,235
6,907
33,484
49,600
236,449
426,614
47,316
179
1,095
9,318
13,317
-1,576
7,112
14,069
58,771
116,235
8,574
4,924
10,553
43,691
68,446
5,360
75.3
179.1
445.9
932.1
86.3
1,256
5,722
11,682
29,156
2,188
1,018
7,662
22,718
55,180
4,575
437
9,299
6,314
232
Latin America and Other Western Hemisphere.........................
305,261
62,469
5,627
169,967
3,873
30,180
18,689
244.4
18,071
35,123
1,594
South and Central America......................................................
Brazil...................................................................................
Mexico.................................................................................
Venezuela............................................................................
Other...................................................................................
135,073
61,118
37,168
19,266
17,521
36,977
11,892
13,776
(D)
(D)
3,261
1,569
625
(D)
(D)
94,670
35,590
22,042
(D)
(D)
1,520
962
1,083
-158
-367
14,929
5,314
5,241
(D)
(D)
8,473
3,425
3,479
622
946
145.0
79.5
53.9
6,436
4,319
503
(D)
(D)
26,714
5,334
(D)
69
(D)
(D)
(D)
0
921
(D)
Other Western Hemisphere.....................................................
Bermuda..............................................................................
United Kingdom Islands, Caribbean....................................
Other...................................................................................
170,188
133,110
11,287
25,792
25,492
14,830
3,958
6,703
2,366
1,595
307
464
75,297
36,133
11,434
27,729
2,353
2,587
-7 2 3
489
15,251
9,445
99.4
38.0
27.4
33.9
11,634
8,409
2,453
1,525
61
3,918
10,215
5,731
1,779
2,705
(D)
(D)
(D)
(D)
(D)
A frica....................................................................................................
5,674
4,214
1,460
4,556
4,464
92
148
139
9
5,936
5,723
213
345
304
41
1,192
1,165
27
561
537
24
6.3
5.9
0.4
923
244
(D)
(D)
(D)
(D)
(D)
0
128,417
56,659
31,466
24,191
16,101
45,178
5,372
21,771
7,834
5,067
531
2,566
760
84,613
19,404
51,515
50.6
20.9
6.4
9.9
13.4
(D)
(D)
(D)
4,237
1,772
823
745
896
14,683
1,926
(D)
1,210
12,370
2,940
6,314
1,535
1,580
2,651
273
10,201
1,200
321
607
779
-507
145
248
(D)
336,886
61,539
1,169
9,809
3,892
230,866
16,363
3,112
4,944
5,193
36,077
3,323
119
586
196
27,629
3,550
186
708,786
43,503
4,652
20,281
15,710
509,537
81,826
13,300
202
10,666
285
9,311
11,386
3,305
-170
60
299
8,103
884
-1,602
279
228
110,865
14,057
618
1,970
3,502
80,754
4,524
1,519
1,471
2,450
68,649
6,401
534
1,237
2,490
51,637
2,240
1,660
960
1,490
914.4
87.4
Japan
Korea, Republic of
Singapore................................................................................
Taiwan.....................................................................................
Other.......................................................................................
1,559,278
219,587
24,584
24,574
26,769
1,128,709
48,163
33,296
33,895
19,702
19.3
35.5
661.7
28.1
30.0
13.6
28.4
70,766
3,064
299
356
1,650
53,779
8,685
789
1,061
1,082
215,351
2,409
1,299
4,670
2,118
152,527
45,976
463
4,103
1,787
7,054
96
165
65
40
5,924
350
246
134
35
United States.......................................................................................
124,796
15,305
1,139
40,023
2,643
9,235
6,196
72.9
5,279
6,972
(D)
7,064,729
85,516
833,368
46,433
81,576
5,083
1,620,424
94,977
62,699
900
376,995
11,690
237,387
2,349
3,144.1
23.6
118,690
3,603
216,339
30,097
22,008
108
Spain
Sweden.......
Switzerland..
United Kingdom
Other..........
...................
South Africa.............................................................................
Other.......................................................................................
Middle East..........................................................................................
Israel........................................................................................
Saudi Arabia............................................................................
United Arab Emirates..............................................................
Other.......................................................................................
Asia and Pacific.................................................................................
Australia...................................................................................
China
Hong Kong
India.
Addenda:
European Union (2 7 )1...................................................................
OPEC 2....................................................................................
22,022
29,386
95,892
1,211
1,111
D Suppressed to avoid disclosure of data of individual companies.
1. The European Union (27) comprises Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia,
Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland,
Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.
2. OPEC is the Organization of Petroleum Exporting Countries. In 2010, its members were Algeria, Angola, Ecuador,
(D)
-1,666
1,888
I
I
10.6
(D)
1,024
(D)
2,866
(D)
42,360
112
537
(D)
(D)
(D)
Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.
Note The following ranges are given in employment cells that are suppressed: A—1 to 499; F—500 to 999; G—1,000
to 2,499; H—2,500 to 4,999; 1—5,000 to 9,999; J— 10,000 to 24,999; K—25,000 to 49,999; L—50,000 to 99,999;
M— 100,000 or more.
August 2013
87
S u r v e y o f C u r r e n t B u sin e ss
Table 3.2. Selected Financial and Operating Data of Majority-Owned U.S. Affiliates by Country of Ultimate Beneficial Owner, 2011
Millions of dollars
Millions of dollars
Total
assets
Gross
property,
plant, and
equipment
Expenditures
for property,
plant, and
equipment
Sales
Net
income
Value
added
Thousands
U.S. exports
Compensation of employees
of goods
of employees
shipped by
affiliates
U.S. imports
of goods
shipped to
affiliates
Research and
development
performed by
affiliates
(11)
(5)
(6)
(7)
(8)
(9)
(10)
All countries.........................................................................
12,333,538
1,684,436
177,288
3,511,330
133,288
736,380
437,897
5,640.7
303,691
636,191
Canada.................................................................................................
1,479,797
177,232
17,585
242,764
11,351
64,804
36,230
546.9
11,363
31,407
564
Europe..................................................................................................
B elgium ............................................................................................
Denmark
Finland.
France.
8,359,093
152,318
21,336
52,196
1,181,332
1,003,477
26,436
6,593
4,832
112,362
94,686
1,453
924
318
10,052
2,095,818
56,504
18,462
14,382
262,472
87,219
-3,011
457
728
21,427
480,145
17,567
3,688
4,052
61,015
295,822
6,812
2,592
2,792
41,377
3,749.0
160.8
28.6
26.2
524.4
174,597
3,438
1,126
1,400
20,397
295,122
4,099
7,117
4,308
21,446
33,423
246
380
612
5,066
Germany
Ireland..............................................................................................
Italy.....
Netherlands
1,496,626
197,011
137,840
967,100
219,546
24,357
48,037
101,924
26,338
1,749
4,942
10,434
386,001
59,860
90,536
353,949
21,665
-1,443
856
2,515
84,783
23,007
16,440
47,482
52,068
16,499
8,511
28,506
581.3
166.9
120.7
399.8
38,797
4,276
19,337
31,846
73,879
6,036
25,367
52,942
5,530
1,836
1,667
2,060
Spain...
Sweden
Switzerland.......................................................................................
United Kingdom...............................................................................
O th e r................................................................................................
301,150
116,092
1,413,796
2,192,932
129,363
34,897
16,846
81,204
265,692
60,753
3,860
1,673
5,047
19,961
7,935
43,094
57,463
205,584
494,084
53,426
65
2,049
6,083
34,823
1,006
8,479
16,451
61,878
125,114
10,189
5,875
11,628
43,670
70,287
5,204
81.4
190.4
446.3
943.5
78.7
1,487
6,471
9,858
33,463
2,699
883
8,469
18,992
66,510
5,073
133
382
8,912
6,354
245
Latin America and Other Western Hemisphere.........................
336,712
69,892
6,078
205,354
5,097
34,945
20,841
243.4
24,188
43,963
1,321
South and Central Am erica...........................................................
B razil............................................................................................
Mexico..........................................................................................
Venezuela....................................................................................
O ther............................................................................................
164,001
87,687
37,275
19,331
19,708
39,853
13,175
14,256
(D)
(D)
2,660
1,341
629
(D)
(D)
116,353
42,284
24,683
(D)
(D)
2,687
165
2,206
526
-210
15,597
5,450
4,734
(D)
(D)
8,864
3,733
3,441
673
1,016
143.5
76.1
54.7
I
I
11,460
5,688
(D)
(D)
339
34,406
6,559
(D)
(D)
1,160
95
83
Other Western Hemisphere...........................................................
Bermuda.......................................................................................
United Kingdom Islands, Caribbean.........................................
O ther............................................................................................
172,711
130,118
13,149
29,445
30,039
16,650
(D)
(D)
3,418
1,714
(D)
(D)
89,001
40,814
11,927
36,260
2,409
1,967
-1,277
1,720
19,348
9,529
2,079
7,740
11,978
5,889
1,831
4,258
99.9
36.9
41.4
12,729
(D)
684
(D)
9,557
2,979
(D)
(D)
1,226
74
(D)
(D)
A frica....................................................................................................
South Africa......................................................................................
O ther.................................................................................................
5,548
3,729
1,819
4,230
4,128
103
219
208
11
5,350
5,132
218
570
521
49
1,180
1,161
19
490
(D)
(D)
5.2
4.9
0.3
1,093
(D)
(D)
331
(D)
(D)
(D)
(D)
Middle E a s t.........................................................................................
Israel..................................................................................................
Saudi Arabia.....................................................................................
United Arab Emirates.....................................................................
O the r................................................................................................
158,726
76,716
34,083
31,841
16,086
50,736
6,620
23,814
9,679
10,624
7,181
632
(D)
2,749
(D)
107,503
25,669
67,807
(D)
(D)
1,822
606
726
847
-358
14,677
3,855
6,677
2,219
1,926
4,620
1,966
840
800
1,013
54.1
2,680
410
(D)
(D)
(D)
16,417
2,432
(D)
(D)
283
1,019
543
(D)
(D)
(D)
Asia and Pacific.................................................................................
Australia............................................................................................
China..,
Hong Kong
India....
Japan..
Korea, Republic of
Singapore
Taiwan
O the r................................................................................................
1,848,324
249,381
52,273
26,734
35,426
1,315,579
58,881
46,679
33,542
29,828
365,387
55,506
5,991
10,635
4,111
244,577
23,806
8,165
5,196
7,401
50,499
3,253
(D)
597
283
37,264
4,339
1,013
231
(D)
812,526
41,066
8,329
27,214
21,079
571,017
95,600
17,282
17,778
13,161
23,779
6,183
-214
1,025
424
15,318
1,939
-1,224
479
-151
131,255
13,948
1,165
3,135
4,134
92,517
7,387
3,381
2,049
3,538
73,902
6,518
921
1,425
2,928
53,799
2,681
2,236
1,270
2,124
971.0
85.0
13.2
21.3
45.1
32.3
36.9
14.4
36.2
83,712
3,228
471
429
1,959
64,739
9,693
838
1,206
1,148
244,401
2,803
2,238
5,680
4,968
162,520
52,649
513
10,627
2,403
8,387
104
366
70
39
6,864
372
306
United S tates.....................................................................................
145,338
13,482
1,040
42,015
3,450
9,375
5,992
71.1
6,057
4,550
(D)
Addenda:
European Union (2 7 )1...................................................................
OPEC 2.............................................................................................
6,867,530
96,097
887,634
50,720
83,805
6,573
1,856,990
123,061
80,136
1,865
413,306
13,688
249,880
2,486
3,277.4
24.6
163,015
6,894
273,423
36,324
24,358
430
(1)
(2)
(3)
(4)
D Suppressed to avoid disclosure of data of individual companies.
1. The European Union (27) comprises Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia,
Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland,
Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.
2. OPEC is the Organization of Petroleum Exporting Countries. In 2011, its members were Algeria, Angola, Ecuador,
21.6
22.6
6.8
10.5
14.3
686.6
45,229
6
6
0
0
210
56
Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.
N ote . The following ranges are given in employment cells that are suppressed: A—1 to 499; F—500 to 999; G—1,000
to 2,499; H—2,500 to 4,999; 1—5,000 to 9,999; J - 1 0,000 to 24,999; K—25,000 to 49,999; L-50,000 to 99,999;
M— 100,000 or more.
August 2013
89
Real Personal Income and Regional Price
Parities for States and Metropolitan Areas,
2007-2011
By Bettina H. Aten, Eric B. Figueroa, and Troy M. Martin
I
N JUNE 2013, the Bureau of Economic Analysis
(BEA) released experimental real, or inflation-ad
justed, estimates of personal income for states and
metropolitan statistical areas (MSAs).1 The inflationadjustments are based in part on regional price parities
(RPPs) that provide a measure of differences in price
levels across each state and metropolitan area relative
to the national price level for each year in 2007-2011.2
When RPPs are applied in conjunction with BEA’s na
tional personal consumption expenditures (PCE) price
index, which measures price changes over time, per
sonal income comparisons can be made across regions
and time periods.
This article presents the most recent RPPs and real
personal income estimates for states and metropolitan
areas. Whereas previous BEA research featured RPPs
covering a 5-year period (see Aten, Figueroa, and Mar
tin 2011, 2012b), the estimates in this article are an
nual for each of the geographical series and reflect the
most current information about prices and rents paid
by consumers in each region. These prototype statistics
are being released for evaluation and comment by data
users. Comments should be directed to the Regional
Prices Branch at rpp@bea.gov.
1. The Office of Management and Budget defines MSAs as one or more
counties with a high degree of social and economic integration, with a core
urban population of 50,000 or more. In this article, we refer to MSAs sim
ply as metropolitan areas.
2. RPPs are calculated for the 50 states and the District of Columbia as
well as for 366 metropolitan areas. Combining the metropolitan and non
metropolitan portions of the United States, as in table 3, provides complete
coverage of all U.S. counties.
Using RPPs to estimate real personal income
An important application of the RPPs is the adjust
ment of consumption-related data to control for price
level differences across regions. In this article, the RPPs
are used to adjust current-dollar personal income on a
per capita basis.3 Personal income is the income re
ceived by all persons from all sources. It is the sum of
net earnings by place of residence, property income,
and personal current transfer receipts.4
The adjustment begins by calculating personal in
come at RPPs (for example, see table A). This is equal
to current-dollar personal income divided by the RPP
for a given year and region.5 Real personal income is
personal income at RPPs divided by the national PCE
price index.6 Dividing by the population yields real per
capita personal income. Real personal income esti
mates are calculated in chained dollars, with 2005 as
the reference year.7 Annual growth rates are calculated
as the year-to-year percent change in real personal in
come.
3. This article uses state personal income estimates released by BEA’s
Regional Income Division on September 25, 2012, and local area personal
income estimates released on November 26, 2012.
4. For m ore information, see www.bea.gov/regional/index.htm.
5. The sum across all regions of the adjusted results should equal the sum
of current-dollar estimates; however, small differences arise. To correct
this, the adjusted data are divided by a balancing factor equal to the ratio of
the adjusted personal income sum to the unadjusted personal income sum.
Balancing factors for the 2007-2011 adjustments are found at the bottom
of tables 1, 2A, 2B, and 3; these factors are specific to the regions, reference
period, and data series being adjusted.
6. The order of adjustment does not matter; that is, one could first divide
by the national price index and then divide the resulting constant dollars by
the RPPs.
7. PCE indexes used in this article do not reflect the comprehensive
revision of the national income and product accounts that was released on
July 31, 2013.
Table A. Real Per Capita Personal Income for Colorado, 2011
Personal income
(billions of dollars)
RPP1
Balancing factor
Personal income at
RPPs
(billions of dollars)
PCE price index2
(base year=2005)
Real personal
income
(billions of dollars)
Population
(persons)
Real per capita
personal income
(thousands of dollars)
225.4
1.001
0.99690
225.9
1.138
198.5
5,116,796
38.8
1. The RPPs in the June 2013 press release incorporated a balancing factor for personal
income, while the RPPs in this article do not. Real personal incom e results are the same
w hether the balancing factor is incorporated into the RPPs or applied separately (as in this
example),
2. PCE indexes in this article do not reflect the com prehensive revision of the national incom e
and product accounts that was released on July 3 1 ,2 0 1 3 .
Real Personal Income and Regional Price Parities
90
The example shows how RPPs can be used in con
junction with the PCE price index to calculate real esti
mates of regional personal income. They can also be
used to derive the implicit regional price growth un
derlying this calculation (see “Technical Note on
Growth Rates”).
Technical Note on Growth Rates
The RRP indexes express a region’s average price rela
tive to the U.S. average, which is equal to 100.0,
Rppi , r ( pi , , / p u s ^
where i is the region and t is the time period.
The real personal income statistics presented in this
article use the national PCE price index to measure
U.S. price change over time and the RPPs to capture
the change in price level differences over time across
states. The implicit price growth for each state can be
calculated as
Implicit price growth or regional inflation=(Pi t/ P i t_ 1)
= {RPPit t/RPPu, _!) multiplied by (Pus / P us , _ 1)
as measured by the national PCE price index.
For example, if the RPP for area A is 120 and for area
B, it is 90, then on average, prices are 20 percent
higher than the U.S. average for area A and 10 percent
lower than the U.S. average for area B. If the personal
income for area A is $12,000 and if it is $9,000 for area
B, then the RPP-adjusted income for area A is $10,000
($12,000/1.20) and for area B, it is $10,000 ($9,000/
0.90). In other words, the purchasing power of the
income of each area is equivalent when the income is
adjusted by the price levels of the area.
The remainder of the article discusses real personal
income results for states, the metropolitan and non
metropolitan portions of the states, and metropolitan
areas. Results for these regions are shown in tables 1,
2A, 2B, and 3. The summaries o f the results are fol
lowed by a description of the data and the methodol
ogy of the RPPs, and the opportunities for future
research.
Selected Results
States
The RPPs for all items and per capita personal income
are presented in table 1.8 The growth in real per capita
personal income in 2011 ranged from 0.7 percent in
Washington, DC, to 9.4 percent in South Dakota.
These growth rates reflect the year-over-year changes
in a state’s real personal income and population. After
South Dakota, the states with the largest growth rates
---------------------------------
August 2013
were North Dakota (8.0 percent), Iowa (5.7 percent),
Nebraska (5.3 percent), and Kansas (3.5 percent). The
smallest growth rates after Washington, DC, were New
Mexico (0.8 percent), Mississippi (1.0 percent), Florida
(1.0 percent), and South Carolina (1.0 percent).
In 2011, Hawaii had the highest RPP (116.4), and
South Dakota had the lowest (87.2). The national aver
age price level was 100. Adjustment with the RPPs nar
rows the range of per capita personal income. In 2011,
the unadjusted range was $41,783, the difference be
tween $73,783 in the Washington, DC, and $32,000 in
Mississippi. For per capita personal income at RPPs,
the range narrows to $29,593, the difference between
$64,591 for the District of Columbia and $34,998 for
Utah. The range narrows further for real per capita
personal income, dropping to $26,006.
The percent change in per capita personal income
after adjustment with the RPPs is highlighted in chart
1. States with large percent increases are concentrated
in the center of the country, while those with large per
cent decreases are near the coasts. The direction of the
change depends on whether the RPP is less than, or
greater than, 100. For example, all the Plains states
have RPPs that are less than 100, resulting in higher
adjusted incomes relative to unadjusted incomes;
Alaska, California, and Hawaii in the Far West region
have RPPs that are above 100, resulting in lower ad
justed incomes relative to unadjusted incomes.
State metropolitan and nonmetropolitan
portions
Among state metropolitan portions, the growth in real
per capita personal income in 2011 ranged from 0.4
percent in Vermont to 4.6 percent in South Dakota (ta
ble 2A).9 Among state nonmetropolitan portions, the
growth ranged from a decline of 2.2 percent in Dela
ware to an increase of 13.3 percent in South Dakota
(table 2B).
In 2011, the RPPs for state metropolitan portions
ranged from 90.9 in Missouri to 123.1 in Hawaii (table
2A). The RPPs for state nonmetropolitan portions had
a smaller range: 20.1, the difference between 102.8 in
Hawaii and 82.7 in South Dakota (table 2B). The RPP
across all metropolitan and nonmetropolitan portions
of all states was 100, the national average price level.
The range in per capita personal income at RPPs
was larger across the nonmetropolitan portions of
states than across the metropolitan portions. Among
nonmetropolitan portions, the highest per capita per
sonal incomes at RPPs in 2011 were in Massachusetts,
9. The metropolitan portion of a state consists of all counties that are
8. The term “all items” refers to all the detailed consumption goods and
parts of metropolitan statistical areas, while the nonmetropolitan portion
services used in the estimates.
consists of all counties that are outside the metropolitan statistical areas.
August 2013
91
S u r v e y o f C u r r e n t B u s in e s s
North Dakota, and South Dakota at $65,651, $60,468,
and $53,437, respectively. The highest among metro
politan portions were in the District of Columbia,
Connecticut, and Wyoming at $64,439, $53,083, and
$51,785, respectively. The lowest per capita income at
RPPs across both metropolitan and nonmetropolitan
portions was in Utah, at $35,478 in the metropolitan
portion (table 2A) and $31,310 in the nonmetropoli
tan portion (table 2B).
Metropolitan areas
Among metropolitan areas, growth in real per capita
personal income in 2011 ranged from a decline of 1.4
percent in Rochester, MN, to an increase of 9.5 percent
in Odessa, TX. The metropolitan areas with next larg
est growth rates were Midland, TX (8.1 percent), Hanford-Corcoran, CA (6.3 percent), Farmington, NM
(6.1 percent), and Peoria, IL (5.9 percent). After Roch
ester, MN, the metropolitan areas with the largest de
clining growth rates were Hinesville-Fort Stewart, GA
(-0.7 percent), Cape Girardeau-Jackson, MO-IL (-0.6
percent), Gulfport-Biloxi, MS (-0.6 percent), and Lub
bock, TX (-0.5 percent).
RPP estimates for the metropolitan areas had a
larger range than those for the states: 41.6 (table 3) ver
sus 29.1 for the states (table 1). The RPP for the non
metropolitan portion of the United States was 89.0.
The RPP across all metropolitan areas and the non
metropolitan portion of the United States was 100, the
national average price level.
The metropolitan areas with the highest RPPs were
Bridgeport-Stamford-Norwalk, CT (123.1), followed
by Honolulu, HI (121.8), Poughkeepsie-NewburghMiddletown, NY (121.4), New York-Northern New
Jersey-Long Island, NY-NJ-PA (121.3), San JoseSunnyvale-Santa Clara, CA (119.0), and San Francisco-Oakland-Fremont, CA (118.9).
Jefferson City, MO (81.5), Morristown, TN (82.9),
Danville, IL (83.0), Cape Girardeau-Jackson, MO-IL
(83.5) had the lowest RPPs among the metropolitan
areas, and their RPPs were 6 to 8 percent below the
RPP of 89.0 for the nonmetropolitan portion of the
United States.
Data and Methodology
The following sections focus on the data and methods
used to estimate RPPs. Data and methodology for the
other inputs to the estimation of real personal income,
Chart 1. Percent Change in State Per Capita Personal Income After RPP Adjustment, 2011
Rocky Mountain
New England
Plains
Mideast
Far West
Southeast
Southwest
U.S. Bureau of Economic Analysis
92
Real Personal Income and Regional Price Parities
namely current-dollar personal income and the PCE
price index, are available in other BEA publications.10
The RPPs are constructed in two stages. The first
stage uses price and expenditure inputs collected for
the Bureau of Labor Statistics (BLS) Consumer Price
Index (CPI) program and the BLS Consumer Expendi
ture Survey (CE). CPI price data are available for 38
urban areas, while CPI expenditure weights, derived
from CE survey data, are available for the 38 urban ar
eas plus four additional rural regions. In this stage,
price levels are estimated for CPI areas.11
In the second stage, the price levels and expenditure
weights are allocated from CPI areas to all counties in
the United States. They are then recombined for re
gions, such as states and metropolitan areas, for which
final RPPs, including an all item RPP, are estimated.
This stage incorporates data for housing from the Cen
sus Bureaus American Community Survey (ACS). The
ACS provides snapshots of the entire U.S. population,
with a focus on demographic and housing conditions.
It is available annually for large geographic areas, such
as states, and on a rolling multiyear basis for smaller
geographic areas, such as counties.
The following sections describe the use o f the price
and expenditure data from the CPI and the housing
data from the ACS, how their geographies are recon
ciled, and how the overall indexes are computed.
First stage
CPI price data cover a wide array of consumer goods
and services, ranging from high-expenditure goods,
such as new automobiles, to low-expenditure services,
such as haircuts. Over a million price quotes are col
lected each year and are classified into more than 200
item strata, each consisting of detailed entry level items
(ELIs). The item strata can be combined into nine ex
penditure groups: apparel, education, food, housing,
medical, recreation, rents, transportation and other
goods and services.12
Because the CPI was not designed to measure geo
graphic price level differences, items with identical
10. For personal income methods, see State Personal Income and Employ
ment (November 2012) and Local Area Personal Income and Employment
(November 2012) at www.bea.gov. For PCE methods, see “Chapter 5: Per
sonal Consumption Expenditures,” in Concepts and Methods o f the U.S.
National Income and Product Accounts at www.bea.gov.
11. The 38 CPI sampling areas are designed to represent the U.S. urban
and metropolitan population. O f the 38 areas, 31 represent large
metropolitan areas, 3 represent small metropolitan regions, and 4 represent
urban nonmetropolitan regions. For more information on these BLSdefined areas, see www.bls.gov/cpi. A list of the counties sampled in each
area can be found in Aten (2005).
12. See the “Consumer Price Index,” in the BLS Handbook o f Methods,
chapter 17 a t www.bls.gov.
August 2013
characteristics are not always priced in all sampling ar
eas. Therefore, for the ELIs in the 75 highest item strata
(accounting for roughly 85 percent of expenditure
weights), we estimate hedonic regressions which take
into account the variation in the characteristics of the
sampled items.13
For the “carbonated drinks” ELI, for example, we
use a hedonic price model to adjust for the brand and
manufacturer, the variety of the beverage (cola, club
soda, tonic water, energy drink, or other), the individ
ual container and unit size (number of ounces, and if it
is a 6-pack or 12-pack, or other), and the type of outlet
where it was purchased (such as a large retailer, a gas
station, or convenience store, or other business). An
example of an item-specific hedonic regression may be
found in Aten (2006).
After the ELI price levels are estimated, they are ag
gregated to yield item strata price levels using a
weighted country product dummy (WCPD) approach,
with weights corresponding to the importance of the
ELIs within the item strata.14 Both the ELI and the item
strata price levels undergo an outlier checking pro
cess.15
Lastly, the item strata price and expenditure levels in
each of the 38 areas are aggregated to 16 expenditure
classes using the Geary multilateral index (see Balk
2012).16 One of the advantages of the Geary index is
that it is additive at various levels of aggregation. Previ
ous research on the RPPs (Aten and Marshall 2010) has
shown that other methods such as the EKS-Tornqvist
13. The item strata price levels for the remaining ELIs are estimated using
a shortcut approach described in Aten (2006).
14. The W CPD is the weighted geometric mean when there are no
missing observations. For a complete description, see Rao (2005).
15. The process is modeled after the Quaranta method used by the
Organisation for Econom ic Co-operations and Development, Eurostat,
and the International Comparison Program of the W orld Bank
(www.worldbank.org). In 2011, approximately 1.2 percent of the CPI price
observations were removed.
16. The 16 expenditure classes are derived from the 9 groups subdivided
into goods and services. Seven groups have both goods and services, while
apparel has only goods, and rents has only services.
Acknowledgments
We gratefully acknowledge the collaboration of the
Bureau of Labor Statistics and the Census Bureau in
allowing us to access their data. In particular, we thank
the staff of the Consumer Price Index (CPI) program
in the Office of Prices and Living Conditions at BLS
and the staff of the Social, Economic and Housing Sta
tistics Division of the Census Bureau for their techni
cal and programmatic assistance.
August 2013
S u r v e y o f C u r r e n t B u s in e s s
and Fisher indexes, the WCPD approach, and a GAIA
index, tend not to deviate greatly from the Geary.17
The Geary multilateral price index PGeary is given by
the following equations:
N
r>c
Geary
pWn
X
n=
1
P,
71,
/
=
Geary
1
M
,
I. q „
</ =
1
where p is the relative price of the item stratum or the
expenditure class
71 is the national average price of the item stra
tum or expenditure class
q is the notional quantity equal to (pq)/p
c and d are areas that take a value of 1 through
M
n is the item stratum or expenditure class that
takes a value of 1 through N
Second stage
The second stage begins with the allocation of price
levels and expenditure weights from CPI areas to
counties. Price levels for each county are assumed to be
those of the CPI sampling area in which the county is
located. For example, counties in Pennsylvania are as
signed price levels from either the Philadelphia or
Pittsburgh areas or from the Northeast small metro
politan area. Rural counties are not included in any of
the 38 urban areas for which stage one price levels are
estimated. These counties are assigned price levels of
the urban area that (1) is located in the same region
and (2) has the lowest population threshold.18
Expenditure weights in the second stage incorporate
CPI data for rural regions and therefore cover both
urban and rural counties. To allocate a weight to each
county, weights for each CPI area are distributed to
its component counties in proportion to household
17. The Geary formula is solved simultaneously for the area RPPs and the
expenditure class price levels (notation and formulas follow Deaton and
Heston 2010).
18. Price levels in rural counties in the South, Midwest and West regions
are assumed to be the same as those in the BLS urban, nonmetropolitan
area for the region. BLS has no urban, nonmetropolitan area for the North
east so rural counties are assumed to have the same price levels as those in
the BLS-defmed small, metropolitan areas of the Northeast.
93
income.19
The county-level results then undergo two adjust
ments. First, weights for the rents expenditure class are
replaced with estimates derived from the 5-year ACS
file, broken down into several types of housing units:
from one bedroom apartments to detached houses
with three or more bedrooms. These estimates model
the relationship of monthly tenants’ rents to ownerequivalent rents in the BLS CPI housing file and apply
it to the monthly tenants’ rents data in the ACS file.
The resulting imputed owner-equivalent rents are then
multiplied by the number o f owner-occupied units in
each county and summed across the housing units.20
The total expenditure weight on rents by county is cal
culated as the sum of the estimated owner-occupied
rent expenditures plus the directly observed tenant
rent expenditures.
Second, shares for the 16 expenditure classes are ad
justed to reflect the valuation in BEA’s personal con
sumption expenditures (PCE), yielding weights
consistent with BEA’s national accounts.21 This adjust
ment shifts the distribution of weights across expendi
ture classes, notably reducing the share of rents
expenditures from total consumption in the United
States from 29.5 percent to 20.6 percent (chart 2).
After the county price levels and expenditure
weights have been obtained for each class and for each
year, as outlined above, the weighted geometric mean
of the price levels for states, state metropolitan and
nonmetropolitan portions, and metropolitan areas is
obtained. This weighted geometric mean is a 5-year av
erage for goods and services other than rents. Rent
price levels are estimated directly from the ACS: annu
ally for states, and across 3 years for metropolitan ar
eas.22 The estimates are quality adjusted using a
19. The allocation uses county-level ACS Money Income for the 2 0 0 7 2011 period. Census Bureau money income is defined as income regularly
received before payments for items such as personal income taxes, social
security, and Medicare deductions. Money income does not reflect that
some families receive part of their income in the form of noncash benefits.
In past papers, population was used to distribute the weights; for a com par
ison, see Figueroa, Aten, and Martin (forthcoming).
20. For more information on how the RPP program estimates expendi
tures on owner-occupied rents, see Aten, Figueroa, and Martin (2012a).
21. The adjustment is based on BLS research providing PCE-valued
weights for CPI item strata (Blair 2012).
22. In Aten and D’Souza (2008), the imputation for county-level owneroccupied rent levels used owner’s monthly housing cost data from the 5year ACS housing file, together with the annual CPI Housing Survey from
BLS. In more current work (Aten, Figueroa, and Martin 2011, 2012b), only
observed rent price levels from the ACS were used, making no imputations
for the owner-occupied rent levels. The monthly housing costs in the ACS
include mortgage payments, but do not specify the term or interest rate of
the loan. The coverage and distribution of the reported payments was
highly variable, and using that information has been postponed until more
data or further research is completed.
Real Personal Income and Regional Price Parities
94
hedonic model that controls for basic unit characteris
tics such as the type o f structure, the num ber o f bed
rooms and total rooms, when the structure was built,
whether it resides in an urban or rural location, and if
utilities are included in the m onthly rent. Additional
research on rent estimates using the ACS and CPI
Housing surveys is available in M artin, Aten, and
Figueroa (2011).
Similarly, expenditure weights are annual for states
and across 3 years for metropolitan areas.23 The final
step is to aggregate the price levels and expenditures
for the 15 classes o f goods and services, plus rents, into
one all item RPP for all geographies and all years using
the Geary multilateral index.
Future Research
The RPPs currently reflect differences in the price lev
els o f consumer goods and services. They are con
strained by the price data available from the CPI
survey conducted by the BLS and by the rent and
23.
The Census Bureau recommends that in order to have the most
representative data for metropolitan areas in a given year, the year should
correspond to the last year of the 3-year rolling file. For example, to find the
average rents paid in 2011, use the 20 0 9 -2 0 1 1 3-year ACS file. The 1-year
ACS files are representative for state-level statistics (Beaghen and Weidman
2008).
August 2013
owner-occupied data in the ACS from the Census Bu
reau. The CPI survey is designed for tim e-to-tim e
comparisons, and the robustness o f the RPPs would
benefit from a place-to-place survey o f the goods and
services sampled in the CPI. This is particularly true
for hard to measure items, such as education, and food
and medical services.
Research is underway to measure the standard er
rors o f the RPP estimates at various levels. Preliminary
findings are reported in Aten, Figueroa, and M artin
(2013). It is clear that more price data, possibly from
alternative sources o f inform ation, are needed to im
prove the precision o f the estimates o f the RPPs across
these broader categories. More data would also im
prove the estimates in areas that are sparsely populated
and less well-represented in the national survey sam
ples.
The ACS rent data is comprehensive and detailed,
but owner-occupied housing cost estimates are still
hard to produce from the current ACS responses. Be
cause housing costs are typically the largest com ponent
o f consumer expenditures, this is an im portant com
ponent o f the RPPs. BEA and the Census Bureau are
trying to obtain more inform ation on housing costs
Chart 2. Share of Household Expenditure Weights Based on BLS Consumer Expenditures (CE) and BEA
Personal Consumption Expenditures (PCE) by Expenditure Class, 2011
PCE-based weights
CE-based weights
Percent
Percent
Services
U.S. Bureau of Economic Analysis
Goods
August 2013
S u r v e y o f C u r r e n t B u s in e s s
for owners, such as the term and interest rates of the
mortgages, and this would enable one to better model
the relationship between rents and owner costs.
A third area of research is related to government and
investment goods and services. If it proves possible to
obtain reliable price and expenditure data on these sec
tors, RPPs can be produced that could not only be ap
plied
to
BEA’s forthcoming
state
personal
consumption expenditure series, but also to BEA’s re
gional gross domestic product (GDP) for states, for ex
ample.
Lastly, it is not clear whether prices in rural counties
for items other than rents are higher or lower than in
urban areas, but we currently assume they are the
same. The expenditure weights vary, but the trade-off
between for example, transport costs and rents, are not
included in this analysis. Aten and Marshall (2010)
looked at alternative estimates of RPPs using a demand-based model to allow for some substitution
across expenditure groups, but the theoretical gains in
precision were offset by the need for more complex as
sumptions about consumer behavior. More data on
the prices of goods and services in rural or nonmetro
politan areas would allow us to verify if we are over
stating or understating these prices in our current
methodology, while still maintaining a relatively sim
ple and transparent methodology.
References
Aten, Bettina H. 2006. “Interarea Price Levels: An Ex
perimental Methodology.” Monthly Labor Review 129
(September): 47-61; www.bls.gov.
Aten, Bettina H. 2005. “Report on Interarea Price
Levels.” Bureau of Economic Analysis (BEA) Working
Paper 2005-11; www.bea.gov/papers
Aten, Bettina H., and Roger J. D’Souza. 2008. “Re
gional Price Parities: Comparing Price Level Differ
ences Across Geographic Areas.” Survey o f Current
Business 88 (November): 6 4 -7 4 ; www.bea.gov.
Aten, Bettina H., and Marshall B. Reinsdorf. 2010.
“Comparing the Consistency of Price Parities for Re
gions of the United States in an Economic Approach
Framework” Paper presented at the 31st General Con
ference of the International Association for Research in
Income and Wealth in St. Gallen, Switzerland, August
27; www.bea.gov/papers.
Aten, Bettina H., Eric B. Figueroa, and Troy M.
Martin. 2012a. “How can the American Community
95
Survey (ACS) Be Used To Improve the Imputation of
Owner-Occupied Rent Expenditures?” BEA Working
Paper 2012-02 (February); www.bea.gov/papers.
Aten, Bettina H., Eric B. Figueroa, and Troy M.
Martin. 2011. “Regional Price Parities by Expenditure
Class for 2005-2009.” S u r v e y o f C u r r e n t B u s i n e s s , 91
(May): 73-87.
Aten, Bettina H„ Eric B . Figueroa, and Troy M.
Martin. 2012b. “Regional Price Parities for State and
Metropolitan Areas, 2006-2010.” S u r v e y o f C u r r e n t
B u s i n e s s , 91 (May): 73-87.
Aten, Bettina H., Eric B. Figueroa, and Troy M.
Martin. 2013. “Standard Errors in the U.S. Regional
Price Parities.” BEA Working Paper 2013-05 (May);
www.bea.gov/papers.
Balk, Bert M. 2012. Price and Quantity Index N um
bers: Models fo r Measuring Aggregate Change and D if
ference, 245. New York: Cambridge University Press.
Beaghen, Michael, and Lynn Weidman. 2008. “Sta
tistical Issues of Interpretation of the American Com
munity Survey’s One-, Three-, and Five-Year Period
Estimates.” 2008. American Community Survey
Research Memorandum Series (October);
www.census.gov.
Blair, Caitlin. 2012. “Constructing a PCE-Weighted
Consumer Price Index.” National Bureau of Economic
Research
(NBER)
Working
Paper
(March);
www.nber.org.
Bureau of Labor Statistics (BLS). BLS H andbook o f
Methods. Washington, DC: BLS; www.bls.gov.
Deaton, Angus, and Alan W. Heston. 2010. “Under
standing PPPs and PPP-Based National Accounts.”
American Economic Journal: M acroeconomics 2, no. 4
(October): 1-35.
Figueroa, Eric B., Bettina H. Aten, Troy M. Martin.
Forthcoming. “Expenditure Weights in the Regional
Price Parities.” BEA Working Paper.
Martin, Troy M., Bettina H. Aten and Eric B.
Figueroa. 2011. “Estimating the Price of Rents in Re
gional Price Parities.” BEA Working Paper 2011-09
(October); www.bea.gov/papers.
Rao, D.S. Prasada. 2005. “On the Equivalence of
Weighted Country-Product-Dummy Method and the
Rao System for Multilateral Price Comparison.” Review
o f Income and Wealth 51, no. 4 (December): 571-580.
U.S. Bureau of Economic Analysis. 2013. “Real Per
son Income for States and Metropolitan Areas, 20072011 (Prototype Estimates).” News Release (June 12).
96
Real Personal Income and Regional Price Parities
August 2013
Table 1. Real Per Capita Personal Income by State, 2007-2011
Regional price parities (RPPs)
for all items
2007
A labam a..........................................
Alaska..............................................
A rizona............................................
A rkansas........................................
C alifornia.........................................
Colorado..........................................
Connecticut.....................................
D elaware........................................
District of C olum bia.......................
Florida .............................................
Georgia............................................
Hawaii..............................................
Idaho................................................
Illinois...............................................
Indiana.............................................
Iowa.................................................
Kansas.............................................
Kentucky..........................................
Louisiana.........................................
Maine...............................................
Maryland..........................................
Massachusetts................................
Michigan..........................................
Minnesota........................................
Mississippi.......................................
Missouri...........................................
Montana...........................................
Nebraska.........................................
Nevada............................................
New Hampshire..............................
New Jersey.....................................
New Mexico....................................
New York..........................................
North Carolina................................
North Dakota..................................
O hio.................................................
Oklahoma........................................
Oregon.............................................
Pennsylvania..................................
Rhode Island..................................
South Carolina................................
South Dakota..................................
Tennessee.......................................
Texas...............................................
Utah..................................................
Vermont...........................................
Virginia.............................................
Washington.....................................
West V irg in ia ..................................
Wisconsin........................................
Wyoming..........................................
All states..........................................
Maximum........................................
Minim um..........................................
Range..............................................
90.1
106.2
100.4
88.9
110.4
99.6
110.6
104.8
111.9
2008
2009
90.5
105.6
100.3
89.5
110.7
100.3
110.7
104.0
112.9
90.7
106.2
99.7
89.1
100.2 100.0
94.6
116.7
93.1
100.4
92.3
89.2
90.4
89.2
92.3
97.4
110.4
107.3
96.0
96.5
88.3
88.9
92.4
90.1
94.2
116.5
94.0
100.5
92.3
89.5
90.8
89.5
92.7
97.8
111.1
107.7
95.9
96.5
89.3
89.0
94.4
90.0
101.0 101.0
106.5
106.3
112.2 113.0
93.9
113.7
92.5
87.0
91.0
90.6
97.5
98.3
94.5
114.3
92.5
88.1
90.7
90.7
97.4
98.5
101.0 100.6
91.7
86.9
91.2
97.2
95.9
91.7
87.8
91.2
97.2
96.6
100.0 100.1
101.8 102.2
101.7 102.2
88.8 88.9
92.8
94.6
92.9
95.0
2010
2011
90.8
105.2
99.2
89.7
90.7
105.9
98.9
89.4
110.7
110.6 110.8
100.3
110.9
104.5
112.4
99.6
94.2
115.8
93.9
99.9
110.5
104.2
114.1
99.1
94.4
116.2
92.8
100.1
110.4
104.3
114.6
99.0
94.3
116.4
93.1
100.6 100.8 100.8
92.4
89.3
90.7
89.8
92.7
98.0
111.5
107.4
95.6
96.9
88.7
88.9
94.1
90.0
100.4
105.8
113.3
94.2
114.2
92.7
87.9
90.4
90.9
97.9
98.3
100.7
92.5
86.5
91.5
97.2
96.8
100.3
102.7
102.7
89.5
92.6
95.6
92.1
89.4
90.9
89.9
93.1
97.0
111.4
107.6
95.6
96.6
88.7
89.0
93.9
90.3
99.2
106.3
113.3
94.5
114.5
92.8
88.4
90.7
91.1
97.7
98.8
100.5
92.5
87.5
91.5
97.4
96.0
99.7
102.9
92.2
89.7
90.9
89.9
93.0
97.7
111.5
107.7
95.5
96.7
89.0
89.3
94.0
90.0
98.9
105.5
113.2
94.8
114.7
92.7
88.9
90.5
91.3
98.0
98.9
102.1
102.2
89.8
92.5
95.7
90.1
92.8
96.5
100.8
92.7
87.2
91.8
97.3
96.0
100.3
102.9
100.0 100.0 100.0 100.0 100.0
116.7
86.9
29.7
116.5
87.8
28.7
115.8
86.5
29.3
116.2
87.5
28.7
116.4
87.2
29.1
Per capita personal income at R P P s'
(thousands of dollars)
Per capita personal income
(thousands of dollars)
2007
2008
2009
32.5
41.3
35.4
31.4
43.2
42.7
55.9
39.8
65.3
39.3
35.4
39.9
32.6
42.0
33.6
35.8
37.7
31.2
35.8
34.9
46.8
50.2
34.4
41.6
29.6
35.5
33.7
37.9
39.9
43.0
50.3
31.7
47.9
34.8
36.2
35.2
34.3
36.0
38.9
40.3
32.0
37.0
34.2
37.1
32.8
37.8
43.3
42.2
29.5
36.8
45.3
33.9
44.8
36.1
32.9
44.0
44.2
57.0
40.6
70.7
40.0
35.9
41.5
33.1
43.5
34.9
38.3
40.5
32.5
37.9
36.4
48.9
51.9
35.3
43.5
30.9
37.7
35.3
40.4
39.9
44.2
52.1
33.5
49.4
35.7
40.9
36.4
37.7
37.4
40.7
41.8
33.0
40.3
35.1
39.6
34.0
39.4
44.7
44.1
31.3
38.2
49.1
32.4
42.7
33.6
31.7
41.0
41.2
52.9
38.7
39.5
65.3
29.5
35.8
40.9
70.7
30.9
39.7
38.6
68.1
36.8
33.9
40.2
30.8
40.9
33.2
37.0
38.0
31.8
36.1
36.0
47.4
49.6
33.2
41.0
30.0
35.8
33.4
38.4
35.9
42.4
49.2
32.2
46.7
34.0
39.4
35.0
34.1
35.2
39.2
40.5
31.4
38.1
33.7
36.6
31.8
38.5
42.9
41.5
31.0
36.9
42.8
68.1
30.0
38.1
2010
33.7
43.7
33.8
32.4
41.9
42.1
55.4
39.4
71.2
38.3
34.5
41.0
31.6
42.0
34.0
37.9
38.5
32.5
37.1
36.6
48.6
51.1
34.3
42.5
30.8
36.4
34.4
39.4
35.8
44.0
50.4
32.9
49.1
34.6
42.5
35.9
35.5
35.9
40.4
42.0
32.2
39.6
35.1
38.2
32.1
39.7
44.1
42.0
31.8
38.0
45.4
39.8
71.2
30.8
40.4
2011
2007
34.9
45.7
35.1
33.7
43.6
44.1
57.9
41.4
73.8
39.6
36.0
42.9
32.9
43.7
35.7
41.2
40.9
34.0
38.5
38.3
50.7
53.5
36.3
44.6
32.0
38.0
36.0
42.5
37.0
45.9
52.4
34.1
51.1
36.0
47.2
37.8
37.7
37.5
42.3
43.9
33.4
44.2
36.6
40.1
33.5
41.6
46.1
43.9
33.4
39.6
47.9
36.2
39.0
35.4
35.4
39.2
43.0
50.6
38.0
58.5
39.3
37.5
34.3
35.1
41.9
36.5
40.2
41.7
35.0
38.8
35.9
42.5
46.8
35.9
43.2
33.6
40.0
36.5
42.1
39.6
40.4
44.9
33.8
42.2
37.7
41.7
38.7
38.0
36.9
39.7
40.0
35.0
42.6
37.6
38.2
34.2
37.9
42.6
41.6
33.3
39.8
48.0
41.6
73.8
32.0
41.8
39.5
58.5
33.3
25.2
2008
2009
2010
2011
37.6
42.6
36.1
36.8
39.9
44.2
51.6
39.1
62.8
40.1
38.2
35.8
35.3
43.4
37.9
43.0
44.7
36.4
41.0
37.4
44.1
48.3
36.9
45.2
34.8
42.5
37.6
45.0
39.6
41.7
46.3
35.6
43.3
38.8
46.5
40.3
41.7
38.5
41.4
41.7
36.1
46.1
38.6
40.9
35.3
39.5
43.9
43.3
35.3
41.2
51.8
35.8
40.3
33.7
35.7
37.2
41.2
47.8
37.1
60.8
37.1
36.1
34.8
32.9
40.7
36.0
41.5
42.0
35.5
39.0
36.8
42.7
46.3
34.8
42.4
33.9
40.4
35.6
42.8
35.9
40.2
43.6
34.3
41.0
36.8
44.9
38.8
37.6
36.0
40.0
40.3
34.1
44.2
36.9
37.7
32.9
38.5
41.9
40.5
34.7
39.9
44.9
37.2
41.7
34.2
36.2
37.9
42.3
50.3
38.0
62.6
38.8
36.7
35.4
34.1
41.8
37.1
42.5
42.5
36.3
40.0
37.9
43.8
47.7
36.0
44.2
34.9
41.0
36.8
43.8
36.2
41.5
44.7
35.0
43.0
37.4
48.2
39.7
39.1
36.9
41.1
41.9
34.9
45.4
38.5
39.4
33.6
40.0
43.0
41.3
35.5
41.2
47.5
38.6
43.3
35.6
37.8
39.6
44.1
52.6
39.9
64.6
40.1
38.3
37.0
35.4
43.5
38.8
46.0
45.1
37.9
41.6
39.3
45.6
49.8
38.1
46.2
36.1
42.7
38.4
47.3
37.5
43.6
46.5
36.1
44.7
39.0
53.3
42.0
41.4
38.4
42.9
43.7
36.1
50.8
40.0
41.4
35.0
41.6
44.9
43.1
37.2
42.8
49.8
40.9
62.8
34.8
28.1
38.6
60.8
32.9
27.8
39.8
62.6
33.6
29.0
41.6
64.6
35.0
29.6
Real per capita personal incom e 2
(thousands of dollars)
2007
2008
34.3
36.9
33.5
33.5
37.2
40.8
48.0
36.1
55.5
37.2
35.5
32.5
33.3
39.7
34.6
38.1
39.5
33.2
36.8
34.0
40.3
44.4
34.0
41.0
31.8
38.0
34.6
39.9
37.5
38.3
42.6
32.0
40.0
35.7
39.5
36.7
36.0
35.0
37.6
37.9
33.1
40.4
35.6
36.2
32.5
35.9
40.3
39.4
31.5
37.7
45.5
34.6
39.1
33.1
33.8
36.6
40.6
47.4
35.9
57.7
36.8
35.0
32.8
32.4
39.9
34.8
39.4
41.0
33.5
37.6
34.3
40.5
44.4
33.9
41.5
31.9
39.0
34.5
41.3
36.3
38.3
42.5
32.6
39.8
35.6
42.7
37.0
38.3
35.4
38.0
38.3
33.1
42.3
35.5
37.5
32.4
36.3
40.3
39.7
32.4
37.8
47.6
37.4
55.5
31.5
23.9
37.6
57.7
31.9
25.8
2009
2010
2011
32.9
37.0
31.0
32.7
34.1
37.8
43.9
34.1
55.7
34.0
33.1
32.0
30.2
37.3
33.0
38.1
38.5
32.5
35.8
33.8
39.1
42.5
32.0
38.9
31.1
37.1
32.6
39.3
32.9
36.9
40.0
31.5
37.6
33.8
41.2
35.6
34.5
33.0
36.7
37.0
31.3
40.6
33.9
34.6
30.2
35.3
38.4
37.2
31.8
36.6
41.2
33.5
37.6
30.8
32.6
34.1
38.1
45.3
34.2
56.4
34.9
33.0
31.8
30.7
37.7
33.4
38.3
38.3
32.7
36.0
34.1
39.4
42.9
32.4
39.8
31.4
36.9
33.1
39.5
32.6
37.3
40.2
31.5
38.7
33.7
43.4
35.8
35.2
33.2
37.0
37.8
31.4
40.8
34.6
35.4
30.2
36.0
38.7
37.2
32.0
37.1
42.8
33.9
38.0
31.3
33.3
34.8
38.8
46.2
35.0
56.8
35.3
33.7
32.5
31.1
38.2
34.1
40.5
39.6
33.3
36.5
34.6
40.1
43.8
33.5
40.6
31.7
37.5
33.8
41.6
33.0
38.3
40.8
31.7
39.3
34.3
46.8
36.9
36.4
33.8
37.7
38.4
31.7
44.7
35.1
36.4
30.8
36.5
39.5
37.8
32.7
37.6
43.8
35.4
55.7
30.2
25.5
35.8
56.4
30.2
26.1
36.5
56.8
30.8
26.0
Percent growth in real per
capita personal income
2008
2009
0.7
5.8
-
-4 .9
-5.3
-6.5
-3 .3
- 6.8
-6 .9
-7 .4
-5.1
-3 .4
-7 .5
-5.6
- 2.6
-7.0
-6 .3
-5.2
-3.4
- 6.1
- 2.8
-4.8
-1.5
-3 .4
-4.3
-5.6
-6.3
-2 .4
-4.9
-5 .4
-4.9
-9.4
-3 .6
-5 .9
-3 .6
-5 .4
-5 .2
-3.6
-3.6
1.2
0.9
-1 .5
-0 .5
-1 .3
-0 .4
4.0
- 1.1
-1.3
0.9
-2.5
0.5
0.6
3.4
3.7
0.8
2.2
0.8
0.5
0.0
-0.5
1.3
0.3
2.8
-0 .3
3.5
-3.1
- 0.1
- 0.2
1.9
-0 .4
-0 .3
8.1
0.6
6.4
1.0
1.1
0.9
- 0.1
4.6
-0.5
3.5
- 0.1
1.0
- 0.1
0.9
2.7
0.3
4.6
0.4
8.1
-3.1
11.2
2010
2.0
1.5
-0.7
-0 .3
0.0
0.8
2011
1.2
1.2
1.6
2.0
1.8
1.9
3.2
0.3
2.1
2.6
1.1
0.7
2.7
1.0
- 0.2
-0.4
1.7
2.2
0.8
1.0
0.5
- 0.6
0.4
0.6
0.9
0.7
1.1
1.5
2.3
0.9
-0.4
1.4
0.4
- 1.1
1.9
1.4
1.5
2.3
5.7
3.5
2.1
1.5
1.3
1.6
2.0
3.2
2.1
1.0
1.5
2.0
5.3
1.2
1.2
0.6
0.1
2.7
1.5
2.9
- 0.2
5.3
0.4
1.5
1.7
0.8
8.0
3.1
3.3
10.0
- 6.6
2.1
0.4
1.8
-3.5
-3 .4
-5.5
-4.1
-4.4
-7.7
- 6.8
- 2.6
-4.6
-6 .4
-1 .7
-3.2
-13.4
0.8
2.1
1.9
-
-5.7
-1 .5
-13 .4
11.9
0.5
0.7
2.2
2.3
2.6
0.1
1.9
0.7
0.0
0.5
1.4
3.9
-
1.6
1.0
9.4
1.4
1.7
1.5
2.0
1.8
2.1
1.3
2.3
1.1
2.0
5.3
9.4
0.7
8.7
1.1
6.4
1. Results are balanced to ensure that the sum of nominal income across states equals the sum of personal income at
real income levels. PCE price indexes (base year = 2005) used in this article for 2007, 2008, 2009, 2010, and 2011 are
RPPs. The annual balancing factors for states from 2007 to 2011 are 0.99810, 0.99688, 0.99728, 0.99685, and 0.99690,
105.5, 108.9, 109.0, 111.1, and 113.8, respectively. These indexes do not reflect the national income and product
respectively.
accounts comprehensive revision that was released on July 31, 2013.
2. The national personal consumption expenditures (PCE) price index is used in conjunction with the RPPs to compute
August 2013
97
S u r v e y o f C u r r e n t B u s in e s s
Table 2A. Real Per Capita Personal Income by State Metropolitan Portion, 2007-2011
Regional price parities (RPPs)
for all items
2007
2008
2009
2010
2011
Alabam a..........................................
Alaska..............................................
Arizona............................................
Arkansas.........................................
California.........................................
Colorado..........................................
Connecticut....................................
Delaware.........................................
District of C olumbia.......................
Florida.............................................
Georgia............................................
Hawaii..............................................
Idaho...............................................
Illinois..............................................
Indiana.............................................
Iowa..................................................
Kansas............................................
Kentucky..........................................
Louisiana.........................................
Maine...............................................
M aryland.........................................
Massachusetts...............................
Michigan..........................................
Minnesota........................................
Mississippi......................................
Missouri...........................................
M ontana..........................................
Nebraska........................................
Nevada............................................
New Hampshire..............................
New Jersey.....................................
New Mexico....................................
New York.........................................
North Carolina................................
North Dakota..................................
Ohio.................................................
O klahoma........................................
O regon............................................
Pennsylvania..................................
Rhode Island ..................................
South Carolina................................
South Dakota..................................
Tennessee......................................
Texas...............................................
Utah.................................................
Vermont...........................................
V irg in ia ............................................
Washington.....................................
West Virg in ia ..................................
Wisconsin.......................................
Wyoming..........................................
91.5
109.5
92.0
109.0
92.3
109.5
100.4
91.1
111.3
92.3
108.5
99.7
91.6
111.5
100.9
92.0
109.8
99.5
91.4
111.4
All state metropolitan portions.....
Maxim um........................................
Minim um..........................................
Range..............................................
102.2 102.4
121.8 121.7
101.2 101.0
91.3
91.6
111.0 111.4
100.1 101.0 101.1
111.5 111.8 111.9
107.4
112.3
100.9
96.6
106.8
113.4
100.8
96.3
121.8 121.7
93.9
103.0
93.8
92.8
93.3
91.5
94.6
98.1
111.8
107.6
97.9
100.3
93.4
90.6
93.3
94.1
101.3
109.4
112.5
95.7
115.9
94.1
91.5
92.1
92.7
98.6
99.3
101.2
93.1
91.8
93.1
98.7
96.6
94.4
103.2
93.8
92.8
93.5
91.5
95.1
98.7
112.7
108.1
97.7
100.3
94.0
90.7
95.1
93.7
101.5
109.3
113.4
96.3
116.8
93.9
92.5
92.0
92.7
98.4
99.5
100.9
92.9
92.1
93.1
98.8
97.3
101.8 102.8
104.3
104.7
102.8 103.4
91.0
94.8
93.7
90.6
31.2
90.4
94.9
94.8
90.4
31.3
106.8
113.0
100.4
96.1
121.7
94.4
103.2
94.0
92.6
93.3
92.0
94.9
99.5
113.1
107.8
97.4
100.5
92.8
90.4
94.6
93.6
100.7
108.4
113.8
95.4
116.6
94.2
92.0
91.5
93.0
99.0
99.4
112.8
108.0
97.3
100.1
93.9
90.8
93.5
98.9
97.5
103.1
105.2
103.7
91.3
94.7
95.1
92.8
90.6
94.8
94.0
99.5
109.5
113.7
95.8
116.9
94.3
92.1
91.9
93.3
98.6
99.9
100.7
93.7
92.1
93.5
98.9
96.6
101.4
105.5
103.1
91.8
94.7
95.4
102.3
121.7
90.4
31.3
102.3
122.3
90.6
31.7
101.0
2008
2009
34.0
44.5
34.0
34.2
41.2
42.1
53.7
40.1
93.9
91.5
93.7
98.9
96.8
103.0
105.7
103.3
92.2
94.9
97.3
35.8
46.9
36.7
35.5
44.2
45.1
57.9
42.1
70.7
40.7
37.9
44.4
34.0
45.1
36.1
40.0
42.9
36.6
40.4
39.1
49.3
51.9
36.6
46.3
34.5
40.7
37.8
42.8
40.1
46.3
52.1
34.8
50.9
38.0
40.0
38.1
41.1
39.4
42.6
41.8
33.9
42.0
37.8
40.8
34.7
41.7
47.0
45.6
33.3
40.2
51.0
102.3
123.1
90.9
32.2
41.5
65.3
31.7
33.7
42.8
70.7
33.3
37.4
40.2
111.6 111.4
106.8
114.6
99.9
96.2
122.3
93.5
103.2
93.7
92.8
93.5
92.0
95.1
98.1
2007
34.4
43.4
36.2
34.3
43.4
43.8
56.9
41.4
65.3
40.0
37.6
42.6
34.0
43.8
34.9
38.1
40.5
35.5
38.5
37.7
47.3
50.1
35.9
44.9
33.6
38.5
36.3
41.1
40.3
45.2
50.3
33.4
49.4
37.1
37.1
36.8
37.3
38.0
40.8
40.3
33.0
40.0
36.9
38.3
33.6
40.0
45.6
43.8
31.7
38.9
45.9
101.1
106.7
115.1
99.8
95.9
123.1
93.2
103.3
93.8
93.0
93.5
92.0
95.2
98.8
113.1
108.1
97.2
100.3
92.3
90.9
94.9
93.8
99.1
108.9
113.7
95.9
117.1
94.2
92.7
91.7
93.4
99.0
100.1
101.1
Per capita personal income at R P P s 1
(thousands of dollars)
Per capita personal income
(thousands of dollars)
68.1
37.4
35.6
43.8
31.6
42.2
34.2
38.7
40.2
35.2
38.2
38.3
47.8
49.5
34.3
43.3
33.2
38.3
35.8
40,3
36.0
44.4
49.2
33.4
48.1
35.9
38.8
36.5
36.6
36.8
40.9
40.5
32.3
40.1
36.1
37.5
32.4
40.9
45.1
42.8
32.7
38.7
44.7
68.1
31.6
36.5
2010
2011
2008
2009
2010
2011
2007
2008
2009
2010
2011
35.3
45.4
34.2
34.8
42.1
43.1
56.4
40.9
71.2
38.9
36.3
44.4
32.4
43.4
35.1
39.7
40.6
36.0
39.3
39.1
49.1
51.1
35.4
44.9
33.9
38.9
36.6
41.5
35.7
46.1
50.4
33.7
50.5
36.6
40.6
37.5
37.9
37.6
42.2
42.0
33.1
41.8
37.6
39.1
32.8
42.0
46.3
43.4
33.6
39.8
47.2
36.6
47.5
35.5
36.2
43.8
45.0
58.9
43.3
73.8
40.2
37.8
46.6
33.5
45.0
36.7
42.0
42.6
37.7
40.7
40.9
51.1
53.4
37.4
46.9
35.0
40.5
38.1
43.3
36.8
48.2
52.4
34.8
52.6
38.2
43.3
39.4
40.2
39.3
44.1
43.9
34.3
44.5
39.1
41.0
34.2
43.9
48.4
45.3
35.1
41.4
50.1
37.7
39.7
35.9
37.7
39.3
43.8
51.2
38.7
58.3
39.7
39.0
35.1
36.3
42.6
37.3
41.2
43.6
38.9
40.8
38.6
42.4
46.7
36.8
44.9
36.1
42.6
39.0
43.8
39.9
41.4
44.8
35.0
42.8
39.5
40.7
40.1
40.4
38.6
41.2
40.0
35.6
43.7
39.8
38.9
34.9
39.4
43.9
42.7
34.9
41.2
49.1
39.1
43.2
36.5
39.0
39.9
44.9
52.1
39.7
62.7
40.6
39.5
36.7
36.2
43.9
38.6
43.3
46.2
40.2
42.7
39.8
44.0
48.2
37.6
46.4
36.9
45.1
39.9
45.9
39.8
42.6
46.2
36.4
43.9
40.7
43.4
41.6
44.5
40.3
43.0
41.7
36.7
45.8
40.8
41.5
35.9
40.8
45.2
44.3
37.1
42.6
54.1
37.0
40.8
34.1
37.7
37.2
41.9
48.2
37.8
60.6
37.5
37.3
36.2
33.7
41.1
36.6
42.0
43.3
38.4
40.4
38.7
42.5
46.2
35.4
43.3
36.0
42.6
38.0
43.3
35.9
41.1
43.5
35.2
41.4
38.3
42.4
40.1
39.5
37.4
41.4
40.3
34.5
44.4
38.8
38.2
33.4
39.9
43.0
41.5
36.0
41.1
47.2
38.5
42.1
34.5
38.2
37.9
42.9
50.8
38.5
62.5
39.2
38.0
36.5
34.9
42.2
37.6
43.0
43.6
39.4
41.5
40.1
43.7
47.6
36.5
45.0
36.8
43.1
38.8
44.4
36.1
42.3
44.6
35.4
43.4
39.0
44.3
41.0
40.8
38.3
42.5
41.9
35.5
45.7
40.4
39.7
34.1
41.6
44.1
42.3
36.8
42.2
49.7
40.0
43.5
35.9
39.8
39.6
44.7
53.1
40.8
64.4
40.5
39.7
38.1
36.1
43.8
39.3
45.5
45.8
41.2
43.0
41.6
45.4
49.7
38.6
47.0
38.1
44.7
40.4
46.4
37.3
44.5
46.4
36.4
45.1
40.7
47.0
43.2
43.3
39.9
44.3
43.6
36.7
49.0
42.0
41.7
35.5
42.8
46.0
44.1
38.3
43.8
51.8
35.7
37.7
34.0
35.8
37.2
41.6
48.5
36.7
55.3
37.7
37.0
33.3
34.5
40.4
35.4
39.0
41.3
36.9
38.7
36.6
40.2
44.3
34.9
42.5
34.2
40.4
37.0
41.5
37.8
39.3
42.5
33.2
40.6
37.5
38.5
38.0
38.2
36.6
39.0
37.9
33.7
41.4
37.7
36.9
33.0
37.4
41.6
40.5
33.1
39.0
46.6
35.9
39.7
33.5
35.8
36.7
41.2
47.8
36.4
57.5
37.2
36.3
33.7
33.3
40.3
35.5
39.8
42.4
36.9
39.2
36.6
40.4
44.3
34.6
42.6
33.9
41.4
36.6
42.1
36.5
39.1
42.4
33.4
40.3
37.3
39.9
38.2
40.9
37.0
39.5
38.3
33.7
42.1
37.4
38.1
32.9
37.5
41.5
40.7
34.0
39.1
49.7
34.0
37.4
31.2
34.6
34.1
38.4
44.2
34.6
55.6
34.4
34.2
33.2
30.9
37.7
33.6
38.6
39.7
35.2
37.1
35.5
39.0
42.4
32.4
39.7
33.0
39.0
34.9
39.7
32.9
37.7
39.9
32.3
38.0
35.2
38.9
36.8
36.3
34.3
38.0
36.9
31.7
40.7
35.6
35.0
30.7
36.6
39.5
38.1
33.0
37.7
43.3
34.6
37.9
31.1
34.4
34.1
38.6
45.7
34.7
56.2
35.3
34.2
32.8
31.4
38.0
33.9
38.7
39.3
35.4
37.4
36.1
39.3
42.8
32.9
40.5
33.1
38.8
34.9
40.0
32.5
38.1
40.1
31.8
39.1
35.1
39.9
36.9
36.8
34.5
38.2
37.7
31.9
41.1
36.4
35.8
30.7
37.5
39.7
38.1
33.1
38.0
44.8
35.2
38.3
31.5
35.0
34.8
39.3
46.7
35.8
56.6
35.6
34.8
33.5
31.8
38.5
34.6
40.0
40.2
36.2
37.8
36.6
39.9
43.7
34.0
41.3
33.5
39.3
35.5
40.8
32.8
39.1
40.8
32.0
39.7
35.8
41.3
37.9
38.1
35.0
38.9
38.3
32.3
43.0
36.9
36.7
31.2
37.6
40.4
38.7
33.6
38.5
45.5
41.4
71.2
32.4
38.8
43.2
73.8
33.5
40.3
40.6
58.3
34.9
23.5
41.9
62.7
35.9
26.8
39.4
60.6
33.4
27.1
40.6
62.5
34.1
28.3
42.3
64.4
35.5
29.0
38.5
55.3
33.0
38.5
57.5
32.9
24.6
36.2
55.6
30.7
24.9
36.5
56.2
30.7
25.5
37.2
56.6
31.2
25.5
1. Results are balanced to ensure that the sum of nominal income across state metropolitan and nonmetropolitan
portions equals the sum of personal income at RPPs. The annual balancing factors for state metropolitan and nonmetropolitan portions from 2007 to 2011 are 0.99712,0.99452,0.99515,0.99481, and 0.99481, respectively.
2. The national personal consumption expenditures (PCE) price index is used in conjunction with the RPPs to compute
2007
Real per capita personal incom e 2
(thousands of dollars)
22.2
Percent growth in real per
capita personal income
2008
0.6
5.4
-1.4
0.1
-1.5
- 0.8
-1.4
-0.7
4.0
- 1.1
-1 .9
1.3
-3.5
- 0.2
0.3
2.0
2.6
0.1
1.3
0.0
0.5
0.0
-0.9
0.1
- 0.8
2.6
- 0.8
1.4
-3 .4
-0 .4
- 0.1
0.6
-0 .7
-0 .4
3.5
0.4
6.9
1.1
1.2
0.9
0.1
1.5
- 0.8
3.3
-0 .3
0.3
-0.3
0.5
2.9
0.3
6.6
2009
-5 .4
-5.7
-6 .9
-3 .4
- 6.8
-6 .9
-7.5
-4.9
-3 .4
-7 .7
-5 .8
-1.5
-7.1
- 6.6
-5.4
-3.1
-6.3
-4 .6
-5 .4
-3.0
-3.5
-4.3
- 6.1
-6 .7
-2.7
-5 .7
-4 .8
-5 .7
-9 .7
-3 .5
- 6.0
-3 .2
-5 .6
-5 .8
-2 .4
-3 .8
-11.3
-7 .3
-3 .9
-3 .5
- 6.1
-3 .2
-4 .9
- 8.2
-6 .9
-2 .5
-4 .8
-6 .4
- 2.8
-3 .7
- 12.8
- 6.0
-1 .5
0.0
6.9
-3 .5
10.4
-
12.8
11.3
2010
1.5
1.2
1.0
1.6
1.8
1.8
1.8
2.0
- 0.6
- 0.6
0.0
0.6
3.3
0.1
1.2
2.7
-
-
2011
1.9
0.0
1.0
1.6
3.4
0.7
0.9
1.9
1.9
1.1
0.9
1.3
1.0
2.0
0.5
3.1
2.4
1.1
0.6
0.8
1.7
2.2
1.1
1.4
1.5
0.8
1.0
2.0
1.4
3.2
2.0
1.8
1.1
1.2
1.6
2.0
1.0
2.6
0.3
-0 .5
0.1
0.6
-1.3
0.9
0.6
-1 .4
2.9
0.0
2.5
0.3
1.3
0.6
0.7
2.2
0.9
1.0
2.2
2.2
0.2
2.4
1.5
0.5
1.4
1.9
3.6
2.9
3.5
1.5
1.8
1.6
1.0
4.6
1.5
2.5
1.5
0.4
0.6
0.0
0.2
1.8
0.9
3.4
1.3
1.7
1.6
1.6
1.0
1.8
3.4
-1 .4
4.8
4.6
0.4
4.2
real income levels. PCE price indexes (base year = 2005) used in this article for 2007, 2008, 2009, 2010, and 2011 are
105.5, 108.9, 109.0, 111.1, and 113.8, respectively. These indexes do not reflect the national income and product
accounts comprehensive revision that was released on July 31,2013.
98
Real Personal Income and Regional Price Parities
August 2013
Table 2B. Real Per Capita Personal Income by State Nonmetropolitan Portion, 2007-2011
Regional price parities (RPPs)
for all items
2007
Alabam a..........................................
Alaska..............................................
Arizona.
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia 3.....................
Florida..
Georgia.
Hawaii...
Idaho....
Illinois....
Indiana..
Iowa......
Kansas..
Kentucky
Louisiana
Maine....
Maryland..........................................
Massachusetts................................
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada............................................
New Hampshire..............................
New Jersey 3..................................
New Mexico....................................
New York..........................................
North Carolina................................
North Dakota..................................
Ohio.................................................
Oklahoma........................................
Oregon.............................................
Pennsylvania..................................
Rhode Island 3................................
South Carolina................................
South Dakota..................................
Tennessee ......................................
Texas ...............................................
Utah.................................................
Vermont...........................................
Virginia.............................................
Washington.....................................
West V irg in ia ..................................
Wisconsin........................................
Wyoming..........................................
All state nonmetropolitan portions
Maximum........................................
Minim um..........................................
Range..............................................
83.9
99.5
89.6
84.1
97.8
96.6
101.7
89.4
90.0
85.0
104.4
90.7
83.6
84.9
83.5
84.0
84.5
85.1
95.3
92.5
102.4
85.7
84.4
83.0
81.9
90.9
83.2
96.2
100.2
88.4
95.7
86.0
81.7
84.6
86.0
92.4
92.7
84.4
81.5
83.5
87.6
90.7
98.1
89.0
93.6
84.6
85.7
94.4
87.8
104.4
81.5
22.9
2008
85.3
99.0
91.4
85.8
97.6
97.1
2009
85.7
99.6
91.1
85.6
97.8
96.4
2010
86.3
98.9
92.3
86.0
98.3
96.0
2011
86.2
98.7
90.1
85.9
97.9
96.5
101.6 102.8 102.0 101.8
89.4
90.1
92.3
90.9
90.2
86.2
86.8
105.0
92.9
84.0
85.4
84.6
84.9
85.7
85.7
95.5
93.3
101.4
102.9
92.5
84.6
85.2
84.5
84.4
90.7
87.3
103.3
91.3
84.7
84.7
84.2
84.0
86.1
86.2
86.1
86.8
95.2
92.7
86.8
Per capita personal income at R P P s 1
(thousands of dollars)
Per capita personal income
(thousands of dollars)
92.8
89.7
87.6
102.8
92.5
84.7
84.8
84.7
84.3
86.3
86.1
2008
2009
2010
2011
2008
2009
2010
2011
2007
2008
2009
2010
2011
29.7
40.3
28.2
28.7
33.8
35.9
45.5
34.2
30.5
41.8
29.3
30.0
35.5
37.9
47.8
35.0
33.4
37.5
29.1
32.2
34.0
37.8
44.1
38.1
34.6
41.3
30.8
33.9
35.6
39.8
46.2
39.3
33.3
39.4
30.7
32.8
33.8
36.8
43.2
36.5
34.6
41.0
30.8
33.5
34.6
37.5
44.9
37.8
35.6
42.5
32.7
35.1
36.4
39.4
47.2
37.9
31.7
35.5
27.5
30.5
32.3
35.8
41.8
36.1
31.7
37.9
28.2
31.1
32.6
36.6
42.5
36.1
30.6
36.2
28.1
30.1
31.0
33.7
39.7
33.5
31.1
36.9
27.7
30.2
31.1
33.8
40.4
34.1
31.2
37.4
28.7
30.9
32.0
34.7
41.5
33.3
28.1
26.1
33.6
30.0
29.9
29.2
33.0
31.7
25.3
28.0
31.0
38.8
61.9
28.0
32.3
26.4
27.0
32.2
33.5
36.4
39.3
28.9
27.5
34.7
31.4
33.1
30.7
36.2
35.3
26.9
30.7
32.7
41.0
63.4
29.8
35.3
28.1
29.1
34.0
37.1
37.7
40.7
27.6
26.4
31.9
29.2
32.1
29.4
34.7
33.3
27.1
29.9
32.7
40.0
59.8
28.7
33.9
27.4
28.6
32.0
35.8
35.2
39.2
29.0
26.8
33.0
29.9
33.2
30.1
35.5
34.1
27.6
30.8
33.1
41.1
62.3
29.8
35.6
28.3
29.2
33.2
36.5
36.1
40.4
30.1
27.9
34.3
31.7
35.0
31.9
40.0
37.3
28.8
32.2
34.6
43.1
32.2
32.0
33.2
34.0
39.6
36.2
43.0
41.8
31.6
35.9
34.4
44.2
62.8
34.5
41.7
33.2
35.2
36.8
44.5
39.5
40.8
30.8
30.6
31.2
31.7
38.2
34.7
41.3
39.7
31.6
34.9
34.6
43.3
58.9
33.4
39.9
32.4
34.7
34.6
42.8
37.0
39.4
32.1
30.8
32.1
32.9
39.4
35.8
42.3
40.8
32.3
35.7
35.1
44.0
61.1
34.7
42.1
33.5
35.2
36.0
43.7
38.2
40.4
33.7
32.1
33.5
34.4
41.5
37.9
47.5
44.4
33.5
37.6
36.4
46.5
65.7
36.6
44.5
34.7
37.0
37.8
49.4
40.2
42.6
29.7
29.2
30.6
31.4
34.0
32.7
37.6
35.9
28.5
31.3
30.9
39.8
57.5
31.0
36.4
30.3
31.3
33.7
38.2
36.0
37.3
29.6
29.4
30.5
31.2
36.4
33.2
39.5
38.3
29.0
33.0
31.6
40.5
57.7
31.7
38.2
30.5
32.4
33.7
40.8
36.3
37.5
28.2
28.1
28.6
29.1
35.0
31.8
37.9
36.4
29.0
32.0
31.7
39.8
54.0
30.6
36.6
29.7
31.8
31.8
39.2
33.9
36.1
28.9
27.8
28.9
29.6
35.4
32.2
38.1
36.8
29.0
32.1
31.6
39.6
55.0
31.2
37.9
30.2
31.7
32.5
39.3
34.4
36.4
29.6
28.2
29.4
30.2
36.5
33.3
41.7
39.0
29.5
33.0
32.0
40.9
57.7
32.2
39.1
30.5
32.5
33.2
43.4
35.3
37.4
-0 .4
0.7
-0.3
-0 .7
6.9
1.7
4.9
31.4
37.5
29.6
30.7
34.9
41,2
38.2
42.1
31.3
30.8
32.3
33.1
35.9
34.4
39.7
37.9
30.0
33.1
32.6
42.0
60.6
32.7
38.4
31.9
33.0
35.6
40.3
38.0
39.4
31.6
31.9
31.0
53.1
32.9
33.3
29.7
31.0
3.7
4.4
- 1.0
12.3
100.1
100.6
86.3
84.8
85.7
83.4
92.8
83.9
95.4
99.5
90.3
95.3
87.5
83.3
84.1
87.0
93.7
93.2
91.3
95.8
87.6
83.5
84.8
87.4
93.6
92.7
91.0
95.5
87.6
84.2
84.5
87.2
93.9
93.1
91.8
95.9
87.9
84.5
84.3
87.5
93.4
93.3
28.3
30.0
29.4
35.4
28.3
29.1
29.1
29.3
30.9
32.1
30.5
41.7
29.5
31.8
30.4
30.7
29.8
31.8
29.5
39.9
28.9
29.6
29.4
30.2
31.4
33.2
29.8
44.2
29.6
31.3
29.9
31.1
32.9
34.6
30.9
50.9
31.4
33.0
31.4
32.7
32.1
31.4
34.3
43.4
33.6
33.9
31.6
31.7
34.4
33.9
35.1
50.4
35.3
36.7
32.6
33.1
32.8
33.3
33.8
48.0
34.3
34.1
31.5
32.7
347
34.9
34.2
52.8
35.2
36.1
32.0
33.6
36.0
36.3
35.3
60.5
37.4
37.9
33.8
35.2
30.5
29.8
32.5
41.2
31.8
32.2
30.0
30.0
31.6
31.1
32.2
46.2
32.4
33.7
29.9
30.4
30.1
30.6
31.0
44.0
31.4
31.3
28.9
30.0
31.2
31.4
30.8
47.5
31.7
32.5
28.8
30.3
86.1
86.1
83.1
84.6
88.4
92.8
98.0
89.9
94.4
85.7
82.2
85.0
88.3
92.1
98.1
90.8
95.5
87.2
82.2
85.0
87.4
82.7
85.5
88.4
91.4
98.3
90.0
94.8
86.7
28.7
34.6
26.8
28.7
26.5
36.7
29.1
31.0
26.8
31.4
45.0
29.9
39.0
27.8
31.2
28.7
38.3
30.5
33.6
28.7
32.7
48.3
28.8
36.5
27.2
29.9
26.7
37.3
29.7
31.9
28.7
32.0
42.1
29.3
37.7
28.2
31.7
26.9
38.6
30.5
32.3
29.6
33.3
44.6
30.3
43.9
29.4
33.6
28.5
40.4
31.9
33.6
31.3
34.8
46.9
34.2
42.5
32.2
32.8
29.3
37.5
32.8
33.2
31.8
36.7
47.8
34.9
47.2
33.1
35.4
31.1
39.2
34.1
35.8
33.7
38.0
51.3
33.7
44.6
32.1
34.0
29.1
38.2
32.9
33.6
33.5
37.3
44.3
33.7
46.0
33.4
36.0
29.3
39.6
33.9
34.2
34.4
39.2
46.9
34.9
53.4
34.5
38.2
31.3
41.3
35.6
35.7
36.3
40.6
49.4
32.4
40.3
30.5
31.1
27.8
35.6
31.1
31.4
30.1
34.8
45.3
32.0
43.3
30.4
32.5
28.5
36.0
31.3
32.8
31.0
34.9
47.1
30.9
41.0
29.5
31.2
26.7
35.1
30.2
30.8
30.8
34.2
40.6
30.4
41.4
30.0
32.4
26.3
35.6
30.6
30.8
31.0
35.3
42.2
30.6
47.0
30.4
33.6
27.5
36.3
31.3
31.3
31.9
35.7
43.4
29.7
61.9
25.3
36.6
31.6
63.4
26.9
36.4
30.5
59.8
26.4
33.4
31.5
62.3
26.8
35.5
33.2
27.9
38.1
34.1
60.6
29.1
31.6
36.0
62.8
30.8
32.1
34.7
58.9
29.1
29.7
35.8
61.1
29.3
31.9
37.8
65.7
31.3
34.3
32.3
57.5
27.5
29.9
33.1
57.7
28.2
29.4
31.8
54.0
26.7
27.3
32.3
55.0
26.3
28.7
33.2
57.7
27.5
30.2
86.6
86.1
86.1
94.7
95.5
88.6
88.7
102.9
82.2
20.7
105.0
83.1
21.9
88.8
86.0
95.6
88.7
103.3
82.2
88.8
102.8
21.1
20.1
82.7
0.1
6.6
28.4
39.1
27.8
28.0
32.9
35.3
44.2
33.6
86.5
85.3
85.0
83.0
93.0
84.0
95.7
92.5
98.0
90.3
94.8
86.3
85.4
95.4
2008
29.3
40.7
28.0
28.9
34.5
38.5
46.7
35.0
85.1
85.1
83.1
93.0
83.8
96.0
100.4
101.1
Percent growth in real per
capita personal income
28.0
37.2
26.0
27.0
33.2
36.4
44.7
33.9
66.1
66.1
1. Results are balanced to ensure that the sum of nominal income across state metropolitan and nonmetropolitan
portions equals the sum of personal income at RPPs. The annual balancing factors for state metropolitan and nonmetro
politan portions from 2007 to 2011 are 0.99712,0.99452,0.99515,0.99481, and 0.99481, respectively.
2. The national personal consumption expenditures (PCE) price index is used in conjunction with the RPPs to compute
2007
94.8
93.8
102.4
86.5
84.9
84.9
83.3
92.6
84.0
95.0
102.1
95.5
93.0
2007
Real per capita personal incom e 2
(thousands of dollars)
2.5
2.1
1.2
2.1
1.5
0.1
2009
-3 .7
-4.5
-0 .4
-3.2
-5.1
-7.8
-6 .5
-7.2
1.9
5.3
-4.5
-4.5
- 6.2
- 6.6
-3 .7
-4 .3
-4 .0
-5.1
- 0.1
-3 .0
2.2
0.2
1.7
0.4
-1 .9
-6.4
-3 .4
-4 .3
-2 .4
-1 .7
-5.9
-3 .9
-6 .4
-3.6
6.8
2.1
5.2
0.7
3.4
0.1
6.8
0.7
0.4
1.8
4.7
-
0.1
1.1
-
1.2
-4 .9
-1 .7
-3.6
-4 .7
-3.0
-7.1
-3 .4
- 1.2
0.7
4.4
2.7
0.3
3.8
-3.5
-5 .4
-3 .0
-4.1
-6.4
-2 .7
-3 .6
- 6.1
- 0.6
-1.9
-13.7
2.4
12.3
- 1.2
13.5
-1 3 .7
13.9
7.3
-0 .5
4.5
2.9
1.2
2010
1.8
1.9
-1.5
0.2
0.6
0.2
1.8
1.6
2.4
-
1.1
0.8
1.6
1.2
1.4
0.7
1.0
0.2
0.4
- 0.2
-0 .3
1.9
1.9
3.5
1.5
- 0.2
2.2
0.3
1.3
0.8
3.9
2.9
-0.9
7.8
2.4
1.4
2.1
2.1
3.0
3.3
9.4
6.2
1.4
2.9
1.2
3.2
4.8
3.1
3.2
0.9
2.4
2.3
10.4
2.8
2.8
1.2
0.9
13.3
1.6
1.2
- 0.1
-
2.6
2.7
- 2.2
1.6
1.2
1.9
3.8
-1.4
0.2
2.2
2.7
0.8
0.8
-3 .7
0.4
1.4
3.8
1.4
0.9
11.9
3.8
2.7
3.0
2.3
3.8
-0.3
-
2011
1.0
3.8
4.4
1.9
2.4
0.8
1.8
2.8
3.0
4.0
1.3
2.7
1.3
7.8
2.9
13.3
- 2.2
15.5
1.6
9.4
real income levels. PCE price indexes (base year = 2005) used in this article for 2007, 2008, 2009, 2010, and 2011 are
105.5, 108.9, 109.0, 111.1, and 113.8, respectively. These indexes do not reflect the national income and product
accounts comprehensive revision that was released on July 31,2013.
3. The District of Columbia, New Jersey, and Rhode Island have only metropolitan portions.
August 2013
99
S u r v e y o f C u r r e n t B u s in e s s
Table 3. Real Per Capita Personal Income by Metropolitan Area, 2009-2011— Continues
Regional price parities (RPPs)
for all items
2009
Abilene, T X ..........................................................................
Akron, O H............................................................................
Albany, G A...........................................................................
Albany-Schenectady-Troy, N Y ..........................................
Albuquerque, NM
Alexandria, LA
Allentown-Bethlehem-Easton, PA-NJ..............................
Altoona, PA
Amarillo, TX
Ames, IA.
Anchorage, AK
Anderson, IN
Anderson, SC
Ann Arbor, M l.....................................................................
Anniston-Oxford, A L ..........................................................
Appleton, W l.......................................................................
Asheville, NC
Athens-Clarke County, GA................................................
Atlanta-Sandy Springs-Marietta, G A ...............................
Atlantic City-Hammonton, N J ...........................................
Auburn-Opelika, AL
Augusta-Richmond County, GA-SC.................................
Austin-Round Rock-San Marcos, TX...............................
Bakersfield-Delano, C A .....................................................
Baltimore-Towson, M D ......................................................
Bangor, ME
Barnstable Town, MA.........................................................
Baton Rouge, LA
Battle Creek, Ml
Bay City, Ml
Beaumont-Port Arthur, T X ................................................
Bellingham, W A ..................................................................
Bend, OR.............................................................................
Billings, M T ..........................................................................
Binghamton, N Y .................................................................
Birmingham-Hoover, A L ....................................................
Bismarck, ND......................................................................
Blacksburg-Christiansburg-Radford, V A .........................
Bloomington, IN ..................................................................
Bloomington-Normal, IL.....................................................
Boise City-Nampa, ID ........................................................
Boston-Cambridge-Quincy, MA-NH.................................
Boulder, C O ........................................................................
Bowling Green, K Y ............................................................
Bremerton-Silverdale, W A ................................................
Bridgeport-Stamford-Norwalk, C T ...................................
Brownsville-Harlingen, T X ................................................
Brunswick, G A ....................................................................
Buffalo-Niagara Falls, N Y .................................................
Burlington, N C ....................................................................
Burlington-South Burlington, VT......................................
Canton-Massillon, O H .......................................................
Cape Coral-Fort Myers, FL ...............................................
Cape Girardeau-Jackson, MO-IL.....................................
Carson City, N V ..................................................................
Casper, W Y ........................................................................
Cedar Rapids, IA ...............................................................
Champaign-Urbana, IL ......................................................
Charleston, W V ..................................................................
Charleston-North Charleston-Summerville, S C ............
Charlotte-Gastonia-Rock Hill, N C -S C ............................
Charlottesville, V A ..............................................................
Chattanooga, TN-GA
Cheyenne, W Y ..............
Chicago-Joliet-Naperville, IL-IN-WI.................................
Chico, C A .......................
Cincinnati-Middletown, OH-KY-IN....................................
Clarksville, TN-KY
Cleveland, T N .................
Cleveland-Elyria-Mentor, OH
Coeur d’Alene, ID ..........
College Station-Bryan, TX
Colorado Springs, C O ...
Columbia, M O ...............
Columbia, S C .....................................................................
Columbus, GA-AL..............................................................
Columbus, IN ......................................................................
Columbus, O H ....................................................................
Corpus Christi, T X .............................................................
Corvallis, O R ......................................................................
Crestview-Fort Walton Beach-Destin, F L .......................
Cumberland, MD -W V........................................................
Dallas-Fort Worth-Arlington, T X ......................................
Dalton, G A ..........................................................................
Danville, IL ...........................................................................
Danville, V A ........................................................................
Davenport-Moline-Rock Island, IA-IL..............................
Dayton, O H.........................................................................
Decatur, A L.........................................................................
Decatur, IL ..........................................................................
Deltona-Daytona Beach-Ormond Beach, FL.................
Denver-Aurora-Broomfield, C O .......................................
Des Moines-West Des Moines, IA ...................................
Detroit-Warren-Livonia, M l................................................
See the footnotes at the end of the table.
2010
92.1
89.3
87.9
92.4
89.4
100.0
99.8
95.9
90.7
100.5
90.8
93.6
96.0
90.8
100.5
90.7
93.6
88.5
88.1
2011
92.5
89.2
89.3
99.9
95.8
90.2
100.8
109.4
91.2
89.6
91.6
93.6
87.7
109.7
90.6
90.1
102.0
102.0
87.5
93.3
92.9
93.6
98.1
87.8
93.3
92.6
93.0
97.8
110.6
110.0
89.3
91.5
99.1
96.6
109.4
95.7
103.0
94.1
91.9
90.6
92.1
97.6
96.3
94.5
95.1
93.8
91.4
89.5
92.5
94.8
94.4
105.2
85.4
103.8
122.9
87.8
87.0
95.2
92.7
102.4
90.1
97.2
82.4
99.0
95.8
91.4
94.0
90.1
97.2
95.0
99.5
91.7
94.6
106.3
98.1
93.6
91.4
85.3
89.3
93.7
94.9
97.5
93.1
93.9
92.4
87.3
94.5
94.9
96.2
98.0
90.8
89.0
92.3
99.0
96.4
109.9
96.5
102.3
94.3
91.3
90.6
92.3
98.0
95.6
94.4
94.9
93.8
92.0
90.2
93.2
94.7
93.8
111.3
105.6
85.5
104.1
123.1
87.8
87.1
95.2
92.0
102.5
90.3
96.1
83.5
98.4
96.5
91.5
94.1
91.1
97.5
95.1
99.7
91.8
95.5
106.3
98.1
93.6
92.4
85.5
89.2
94.1
95.7
97.6
93.3
94.1
93.0
87.5
94.4
94.5
96.6
97.7
90.4
102.1
102.1
102.1
85.9
82.8
89.2
91.9
92.6
86.5
82.6
85.3
83.0
88.4
91.9
92.5
88.7
91.3
96.6
102.4
94.6
99.3
110.1
91.0
89.8
102.2
88.1
93.1
92.8
93.8
98.5
110.7
89.5
91.3
99.0
96.9
109.0
95.8
103.1
94.1
92.5
92.1
92.2
97.6
96.5
94.8
94.8
93.6
91.3
88.6
92.9
94.9
94.8
110.9
104.8
85.4
103.8
122.9
87.3
85.7
95.4
93.0
102.7
90.2
98.6
82.0
99.7
94.4
90.9
94.2
89.9
96.8
95.0
99.4
91.2
94.3
106.1
98.5
93.4
90.6
85.0
89.4
93.9
94.4
97.9
93.5
93.6
92.4
87.2
94.5
95.1
96.4
98.0
90.4
88.1
111.2
88.6
91.8
92.5
88.6
88.8
91.7
97.9
101.9
94.6
99.5
91.2
97.0
102.3
94.3
99.4
Per capita personal income
(thousands of dollars)
2009
32.8
37.0
29.6
41.2
33.9
35.1
37.7
31.9
34.1
34.1
45.6
28.8
28.8
37.2
30.1
36.3
32.6
29.8
37.5
37.9
27.4
32.4
37.6
28.3
47.4
32.5
50.4
36.6
31.5
31.0
35.0
35.8
35.2
36.8
33.4
37.6
37.9
27.9
29.5
38.8
32.2
53.6
48.9
29.3
41.2
70.2
2010
34.0
38.0
30.6
43.2
34.0
35.6
38.5
33.0
35.6
35.3
46.8
29.3
29.9
38.5
30.8
37.5
32.9
30.2
38.1
38.8
28.2
33.2
39.0
29.8
48.7
32.6
52.8
37.4
32.5
31.9
36.7
36.5
35.9
37.6
34.5
39.1
39.9
28.1
29.7
40.0
33.3
55.4
50.0
30.2
41.1
75.9
21.6
22.6
31.4
36.8
30.0
40.9
31.9
39.6
32.2
39.1
46.3
38.8
34.3
36.5
35.0
37.4
41.5
33.2
43.3
43.1
31.3
38.3
35.3
28.7
38.9
31.1
27.8
37.2
34.8
33.7
35.4
35.6
37.3
34.5
36.1
39.3
30.2
40.3
26.4
30.0
29.2
38.6
34.7
30.5
38.2
31.0
45.8
41.6
36.6
31.6
38.4
30.3
42.0
32.8
41.5
32.9
38.9
50.8
40.1
36.1
37.4
36.2
38.5
42.3
34.7
44.3
44.3
32.0
39.1
36.4
29.7
40.1
31.8
28.9
38.0
35.9
34.2
36.6
37.0
38.3
36.7
37.2
41.1
31.1
41.9
26.5
31.2
29.9
40.0
35.7
31.2
38.9
32.3
47.0
42.8
37.7
2011
35.6
40.0
31.8
44.9
35.0
36.8
40.1
34.5
37.0
37.4
48.8
30.4
31.1
40.8
31.8
39.5
34.1
31.3
39.7
40.3
29.2
34.6
40.5
31.4
51.1
33.9
55.5
39.0
33.5
33.7
38.6
38.1
37.1
39.4
36.0
40.8
42.5
29.7
30.9
41.8
34.3
57.9
51.9
31.4
42.6
78.5
23.2
32.7
40.1
31.4
43.9
34.7
43.0
33.9
39.8
54.1
42.5
37.2
39.3
37.7
40.2
44.4
36.1
46.9
46.0
33.4
40.9
39.7
31.1
42.4
32.9
29.9
40.0
37.4
35.4
38.7
39.6
40.2
38.6
38.7
43.1
32.5
43.7
27.2
32.6
31.3
42.1
37.4
32.1
40.6
33.4
49.0
45.0
40.0
Per capita personal income at R P P s 1 Real per capita personal incom e 2 Percent growth in real per
(thousands of dollars)
capita personal income
(thousands of dollars)
2009
35.7
41.7
33.9
41.4
35.5
38.9
37.7
35.4
36.6
38.7
41.7
31.8
32.3
36.6
34.3
39.1
35.3
32.0
38.3
34.4
30.8
35.7
38.1
29.4
43.7
34.0
49.2
39.2
34.2
33.8
38.2
36.8
36.7
39.0
35.4
40.4
41.7
31.7
32.0
41.1
34.2
48.6
46.9
34.5
39.9
57.4
24.8
36.9
38.8
32.4
40.0
35.5
40.4
39.5
39.4
49.3
42.9
36.6
40.9
36.4
39.5
42.0
36.5
46.2
40.9
31.9
41.2
39.2
33.9
43.7
33.3
29.6
38.2
37.5
36.2
38.5
41.0
39.7
36.4
37.6
40.3
33.6
39.7
30.9
36.4
32.9
42.2
37.7
34.6
41.9
31.8
45.2
44.2
37.0
2010
37.0
42.8
34.9
43.5
35.7
39.5
38.6
36.5
38.2
40.4
43.1
32.4
33.6
38.0
35.4
40.5
35.7
32.5
39.1
35.3
31.8
36.5
39.6
31.0
44.8
34.3
51.6
40.0
35.6
35.4
40.1
37.6
37.5
40.1
36.6
42.0
44.0
31.6
32.3
42.5
35.5
50.2
47.9
35.6
39.9
62.1
25.9
36.5
40.6
32.9
41.2
36.6
43.1
40.2
39.6
53.4
44.1
38.6
41.8
37.5
40.8
42.8
38.1
47.1
42.0
32.9
42.1
40.1
35.1
45.2
34.1
30.6
39.2
38.8
36.7
39.9
42.7
40.8
38.9
38.9
42.2
34.5
41.4
30.8
38.0
33.9
43.8
38.9
35.4
42.9
33.6
46.2
45.6
38.2
2011
38.7
45.1
35.9
45.3
36.8
41.0
40.1
37.9
39.8
43.0
44.8
33.8
34.7
40.3
36.4
42.6
37.1
33.9
40.9
36.8
33.0
37.8
41.1
32.8
46.9
35.4
54.6
41.6
37.0
37.5
42.1
39.1
39.0
42.0
38.2
43.8
46.5
33.2
33.4
44.4
36.8
52.4
49.5
37.0
41.2
64.2
26.6
37.8
42.4
34.3
43.1
38.7
45.1
40.9
40.7
56.5
46.8
39.8
43.5
38.9
42.6
44.8
39.6
49.4
43.5
34.2
44.0
43.2
36.6
47.8
35.2
31.5
41.2
40.3
37.8
41.9
45.6
42.9
41.1
40.3
44.5
36.3
43.1
32.2
39.6
35.6
46.2
40.7
36.4
44.8
34.9
48.2
47.9
40.6
2009
32.8
38.2
31.1
38.0
32.6
35.7
34.6
32.5
33.6
35.5
38.2
29.2
29.6
33.6
31.5
35.9
32.4
29.3
35.1
31.6
28.2
32.8
35.0
27.0
40.1
31.2
45.1
35.9
31.4
31.0
35.0
33.8
33.6
35.8
32.5
37.1
38.3
29.1
29.3
37.7
31.4
44.6
43.0
31.7
36.6
52.7
22.8
33.9
35.6
29.7
36.7
32.6
37.0
36.2
36.1
45.2
39.4
33.6
37.5
33.4
36.3
38.5
33.5
42.4
37.5
29.3
37.8
36.0
31.1
40.1
30.5
27.1
35.1
34.4
33.2
35.3
37.6
36.4
33.4
34.5
37.0
30.8
36.4
28.3
33.4
30.2
38.7
34.6
31.8
38.5
29.2
41.5
40.5
33.9
2010
33.3
38.5
31.4
39.2
32.2
35.5
34.7
32.9
34.4
36.3
38.8
29.2
30.3
34.2
31.9
36.4
32.1
29.3
35.2
31.8
28.6
32.9
35.6
27.9
40.4
30.8
46.4
36.0
32.1
31.9
36.1
33.9
33.8
36.1
32.9
37.8
39.6
28.5
29.1
38.3
31.9
45.2
43.1
32.0
35.9
55.9
23.3
32.9
36.6
29.6
37.1
33.0
38.8
36.2
35.7
48.1
39.7
34.8
37.6
33.7
36.7
38.6
34.3
42.4
37.8
29.6
37.9
36.1
31.6
40.7
30.7
27.6
35.3
34.9
33.0
35.9
38.4
36.8
35.0
35.1
38.0
31.1
37.2
27.7
34.2
30.6
39.4
35.0
31.9
38.7
30.2
41.6
41.1
34.4
2011
34.0
39.7
31.5
39.8
32.3
36.0
35.2
33.3
34.9
37.8
39.4
29.7
30.5
35.4
32.0
37.4
32.6
29.8
35.9
32.4
29.0
33.2
36.1
28.8
41.2
31.1
48.0
36.6
32.5
33.0
37.0
34.4
34.3
36.9
33.5
38.5
40.8
29.2
29.4
39.1
32.3
46.0
43.5
32.5
36.2
56.4
23.4
33.2
37.3
30.2
37.9
34.1
39.6
35.9
35.8
49.6
41.1
35.0
38.2
34.2
37.4
39.4
34.8
43.4
38.3
30.1
38.7
38.0
32.2
42.0
30.9
27.7
36.2
35.4
33.2
36.8
40.1
37.7
36.2
35.4
39.1
31.9
37.9
28.3
34.8
31.3
40.6
35.8
32.0
39.4
30.6
42.3
42.1
35.7
2010
2011
1.5
2.2
0.8
1.1
3.0
0.3
1.5
0.5
1.4
1.4
1.4
1.5
4.0
1.5
1.9
3.2
- 1.2
-0.5
0.5
1.3
2.4
2.3
1.4
- 0.1
2.2
1.8
0.8
3.5
0.4
1.3
1.5
2.8
- 0.8
- 0.2
0.3
0.7
1.3
0.4
1.4
1.7
2.0
1.8
1.4
0.9
1.4
3.2
1.8
3.5
0.6
2.0
-1.3
2.9
0.3
0.9
3.3
1.5
1.3
3.4
2.2
2.8
3.0
0.3
0.4
2.6
0.8
2.4
1.9
1.9
3.2
2.4
1.5
1.6
1.3
2.0
3.4
-
2.0
0.8
1.3
0.8
2.0
1.2
2.0
0.2
1.2
- 1.8
6.2
2.2
0.9
1.5
0.7
0.9
0.5
-3 .0
2.7
-0 .3
1.1
2.0
1.8
2.0
1.4
1.8
1.1
1.2
4.7
- 0.2
-1.3
6.4
0.9
3.5
0.3
1.1
1.2
0.1
2.3
0.1
0.8
1.0
0.1
0.4
1.5
1.5
0.6
1.7
0.7
1.7
-0 .7
1.6
2.2
1.0
4.8
1.5
2.7
0.9
-
2.2
2.1
2.4
1.2
1.9
3.2
-
2.2
0.6
0.4
3.1
3.5
0.7
1.6
1.4
2.0
2.1
1.4
2.4
1.2
1.7
2.1
5.2
1.8
3.3
0.7
0.3
2.7
1.4
0.7
2.4
4.3
2.4
3.3
1.0
2.8
2.5
1.7
2.0
1.5
2.5
2.9
1.2
0.2
2.2
0.5
3.5
0.4
1.4
1.3
1.8
0.4
1.3
1.7
2.4
3.8
Real Personal Income and Regional Price Parities
100
August 2013
Table 3. Real Per Capita Personal Income by Metropolitan Area, 2009-2011— Continues
Regional price parities (RPPs)
for all items
2009
Dothan, AL..........................................................................
Dover, D E ............................................................................
Dubuque, IA........................................................................
Duluth, MN-WI....................................................................
Durtiam-Chapel Hill, N C ....................................................
Eau Claire, W l....................................................................
El Centro, CA......................................................................
Elizabethtown, K Y .............................................................
Elkhart-Goshen, IN ............................................................
Elmira, N Y ...........................................................................
El Paso, T X .........................................................................
Erie, PA................................................................................
Eugene-Springfield, O R ....................................................
Evansville, IN-KY................................................................
Fairbanks, A K .....................................................................
Fargo, ND-MN.....................................................................
Farmington, NM ..................................................................
Fayetteville, NC...................................................................
Fayetteville-Springdale-Rogers, AR-MO.........................
Flagstaff, A Z .......................................................................
Flint, M l................................................................................
Florence, SC.......................................................................
Florence-Muscle Shoals, AL.............................................
Fond du Lac, W l.................................................................
Fort Collins-Loveland, C O ................................................
Fort Smith, AR-OK..............................................................
Fort Wayne, IN....................................................................
Fresno, CA...........................................................................
Gadsden, AL.......................................................................
Gainesville, FL....................................................................
Gainesville, G A ...................................................................
Glens Falls, N Y ...................................................................
Goldsboro, N C ....................................................................
Grand Forks, ND-MN.........................................................
Grand Junction, C O ...........................................................
Grand Rapids-Wyoming, M l.............................................
Great Falls, M T ...................................................................
Greeley, C O ........................................................................
Green Bay, W l.....................................................................
Greensboro-High Point, NC ..............................................
Greenville, N C ....................................................................
Greenville-Mauldin-Easley, S C .........................................
Gulfport-Biloxi, MS.............................................................
Hagerstown-Martinsburg, MD-WV...................................
Hanford-Corcoran, C A .......................................................
Harrisburg-Carlisle, PA......................................................
Harrisonburg, V A ................................................................
Hartford-West Hartford-East Hartford, C T ......................
Hattiesburg, M S..................................................................
Hickory-Lenoir-Morganton, N C .........................................
Hinesville-Fort Stewart, G A ..............................................
Holland-Grand Haven, M l.................................................
Honolulu, H I........................................................................
Hot Springs, A R ..................................................................
Houma-Bayou Cane-Thibodaux, LA................................
Houston-Sugar Land-Baytown, T X ..................................
Huntington-Ashland, WV-KY-OH......................................
Huntsville, AL......................................................................
Idaho Falls, ID.....................................................................
Indianapolis-Carmel, IN .....................................................
Iowa City, IA ........................................................................
Ithaca, N Y ............................................................................
Jackson, M l.........................................................................
Jackson, M S .......................................................................
Jackson, TN........................................................................
Jacksonville, F L ..................................................................
Jacksonville, N C .................................................................
Janesville, W l......................................................................
Jefferson City, M O ..............................................................
Johnson City, T N ................................................................
Johnstown, PA....................................................................
Jonesboro, A R ....................................................................
Joplin, M O ...........................................................................
Kalamazoo-Portage, M l.....................................................
Kankakee-Bradley, IL .........................................................
Kansas City, MO-KS..........................................................
Kennewick-Pasco-Richland, WA......................................
Killeen-Temple-Fort Hood, T X ..........................................
Kingsport-Bristol-Bristol, TN-VA......................................
Kingston, NY........................................................................
Knoxville, TN........................................................................
Kokomo, IN ..........................................................................
La Crosse, W I-M N..............................................................
Lafayette, IN.........................................................................
Lafayette, LA........................................................................
Lake Charles, L A ................................................................
Lake Havasu City-Kingman, A Z........................................
Lakeland-Winter Haven, F L ..............................................
Lancaster, PA......................................................................
Lansing-East Lansing, M l..................................................
Laredo, T X ...........................................................................
See the footnotes at the end of the table.
86.8
97.5
91.7
92.9
95.6
92.9
92.5
85.7
93.3
95.5
89.6
93.4
96.1
91.7
104.7
91.7
92.3
92.7
91.5
98.0
95.5
87.5
87.7
85.8
97.8
87.6
91.9
97.1
86.8
98.2
89.5
97.9
87.5
92.6
96.3
92.7
90.9
97.7
92.0
91.9
91.8
92.0
95.7
103.3
95.8
96.8
91.9
101.8
86.3
90.2
89.1
94.6
121.4
87.0
91.2
2010
86.7
96.5
92.0
92.1
95.2
92.7
92.6
86.3
93.1
95.4
90.4
93.3
96.0
92.2
105.1
92.0
93.2
93.2
91.3
98.3
95.5
87.6
87.5
85.9
98.1
87.8
91.4
97.0
87.4
98.4
90.0
98.0
2011
90.4
90.6
94.2
87.3
96.0
92.1
92.3
95.4
92.6
92.7
87.4
92.3
95.3
91.2
93.6
96.3
92.5
105.7
92.3
92.1
93.4
91.4
98.3
95.5
87.8
87.6
85.7
98.3
87.7
91.2
96.8
87.8
97.7
90.2
98.1
89.4
92.2
96.4
92.6
92.9
96.4
91.9
91.8
92.1
92.5
93.5
103.7
96.0
97.5
92.3
101.5
86.3
90.6
91.5
93.9
121.2
121.8
88.6
92.6
97.2
92.7
93.0
97.2
91.7
91.8
91.9
91.9
94.9
103.2
95.6
97.1
92.3
101.7
86.6
87.6
91.9
87.3
92.7
101.0
88.0
101.2
88.0
101.2
92.5
92.2
94.5
94.8
92.7
92.5
94.4
94.5
89.1
93.1
92.2
94.4
95.0
102.8
102.6
102.8
92.1
93.5
85.9
97.4
95.3
93.5
82.3
89.1
86.9
82.5
89.5
93.3
91.4
93.4
86.3
97.6
96.4
92.8
81.6
89.2
87.7
83.3
89.9
93.0
91.2
93.2
85.6
97.7
96.8
93.4
81.5
89.2
100.1
100.1
100.8
93.5
95.1
94.4
93.4
95.5
94.7
87.4
103.6
92.1
90.4
92.9
94.0
92.2
90.8
94.6
95.9
97.5
94.5
92.1
93.4
96.0
94.5
87.4
103.6
92.2
90.0
92.5
94.1
92.7
90.7
95.6
96.2
97.4
95.0
92.1
88.6
84.1
89.7
92.6
88.0
103.3
92.7
90.2
93.5
94.0
93.0
90.7
94.0
95.7
97.6
94.2
92.2
Per capita personal income
(thousands of dollars)
2009
32.1
31.6
35.3
33.4
39.8
33.8
27.4
33.9
29.1
32.4
27.3
31.9
32.4
34.9
40.0
38.6
29.0
39.5
31.9
33.3
28.4
31.1
29.6
34.4
37.3
30.4
32.8
30.0
29.6
33.0
29.9
33.6
29.4
35.5
33.9
31.7
36.8
28.0
36.5
33.6
30.6
32.6
34.6
32.4
24.9
38.6
29.5
49.1
30.0
29.1
24.6
31.2
43.8
33.1
38.8
43.1
30.8
37.4
31.9
37.9
38.5
33.9
28.9
35.2
31.6
38.0
42.3
30.9
33.8
30.3
31.7
30.1
29.6
32.8
31.7
40.7
34.6
37.9
30.6
36.5
34.1
31.0
35.6
29.4
40.0
34.1
25.0
30.6
35.3
32.2
22.6
2010
33.6
32.1
36.3
34.5
40.6
35.1
27.5
35.5
30.8
34.2
28.7
32.6
33.2
36.2
39.9
40.2
29.2
40.9
32.9
33.0
29.5
31.9
31.1
35.4
38.1
30.8
33.4
30.6
30.9
34.5
30.5
35.5
29.7
37.0
33.6
33.1
38.1
28.4
37.7
34.1
31.0
33.7
34.8
33.2
26.9
39.4
30.1
50.6
30.4
29.5
26.0
32.2
44.4
34.0
40.8
45.0
31.6
38.8
32.2
38.9
38.9
34.8
29.7
36.2
32.7
39.3
44.0
31.9
34.4
31.2
31.3
30.9
30.2
33.4
32.2
41.4
35.6
37.6
31,4
38.2
35.5
31.1
36.9
29.8
42.1
34.6
25.2
32.4
36.3
33.5
23.7
2011
34.7
33.3
38.9
36.2
41.8
36.1
28.4
38.6
32.1
35.5
30.1
34.7
34.6
37.9
42.6
42.7
31.4
43.3
34.1
34.4
31.1
32.8
32.0
36.9
39.8
31.8
35.0
31.5
31.8
35.5
32.0
37.2
31.2
39.4
35.2
35.0
39.4
30.0
39.0
35.4
32.1
35.0
34.9
34.6
29.4
41.1
31.3
53.1
31.2
30.9
26.7
33.8
46.6
35.4
42.4
47.6
32.8
40.1
33.5
40.6
41.3
36.3
31.4
37.5
34.2
40.7
46.2
33.3
35.5
32.7
32.8
32.1
31.4
34.8
33.2
43.1
36.5
40.0
33.0
39.6
37.0
33.1
38.2
31.7
44.2
36.3
26.1
33.4
37.5
34.5
25.0
Per capita personal income at R P P s 1 Real per capita personal incom e 2 Percent growth in real per
(thousands of dollars)
(thousands of dollars)
capita personal income
2009
37.1
32.6
38.7
36.1
41.9
36.5
29.8
39.8
31.4
34.1
30.6
34.3
33.9
38.3
38.4
42.3
31.6
42.8
35.0
34.2
29.9
35.8
33.9
40.4
38.3
34.9
35.9
31.1
34.3
33.8
33.6
34.5
33.8
38.5
35.4
34.4
40.7
28.8
39.9
36.7
33.5
35.6
36.3
31.5
26.1
40.1
32.3
48.5
34.9
32.4
27.7
33.2
36.3
38.2
42.8
42.9
35.1
40.6
34.7
40.3
40.8
33.1
31.6
37.9
37.0
39.2
44.6
33.2
41.3
34.1
36.7
36.6
33.2
35.3
31.8
43.8
36.6
40.4
35.2
35.4
37.2
34.6
38.7
31.4
43.3
37.8
26.3
31.9
36.5
34.1
24.7
2010
39.0
33.5
39.7
37.8
42.9
38.1
29.9
41.4
33.3
36.1
31.9
35.2
34.8
39.5
38.2
44.0
31.6
44.2
36.3
33.8
31.1
36.6
35.8
41.6
39.1
35.3
36.8
31.8
35.6
35.3
34.1
36.5
33.8
40.2
34.9
35.9
41.2
29.5
41.4
37.4
33.9
36.9
36.9
32.4
28.3
40.8
32.9
50.0
35.3
32.8
28.9
34.5
36.8
39.1
44.7
44.7
36.1
42.2
35.1
41.4
41.4
34.2
32.7
39.0
38.1
40.5
45.9
34.6
42.4
35.2
36.0
37.3
33.8
36.2
32.4
44.7
37.6
40.0
36.2
37.1
38.8
34.6
40.0
32.0
46.0
38.3
26.8
34.0
37.4
35.7
25.9
2011
39.9
34.9
42.5
39.5
44.1
39.3
30.8
44.5
35.1
37.5
33.2
37.3
36.1
41.3
40.6
46.6
34.3
46.6
37.6
35.2
32.7
37.6
36.8
43.3
40.7
36.5
38.7
32.8
36.5
36.6
35.7
38.2
35.2
43.0
36.7
38.1
42.8
31.3
42.8
38.8
35.1
38.1
37.6
33.6
30.9
42.5
34.2
52.6
36.5
34.3
29.4
36.2
38.5
40.8
46.0
47.4
37.1
43.4
36.6
43.3
43.7
35.5
34.7
40.5
40.3
42.0
48.0
35.9
43.8
37.0
37.3
38.5
35.2
37.8
33.1
46.4
38.3
42.6
37.8
38.6
40.1
37.0
41.1
34.0
47.8
40.3
28.0
35.2
38.7
36.9
27.3
2009
34.0
29.9
35.5
33.1
38.4
33.5
27.3
36.5
28.8
31.3
28.1
31.5
31.1
35.1
35.2
38.8
29.0
39.3
32.1
31.4
27.4
32.8
31.1
37.0
35.2
32.0
32.9
28.5
31.4
31.0
30.8
31.7
31.0
35.3
32.5
31.5
37.3
26.4
36.6
33.7
30.8
32.7
33.3
28.9
23.9
36.8
29.6
44.5
32.1
29.7
25.4
30.5
33.3
35.1
39.3
39.3
32.2
37.3
31.9
37.0
37.4
30.4
28.9
34.8
33.9
36.0
41.0
30.5
37.9
31.3
33.7
33.6
30.5
32.4
29.2
40.2
33.6
37.1
32.3
32.5
34.2
31.7
35.5
28.8
39.8
34.7
24.1
29.3
33.4
31.3
22.7
2010
35.1
30.1
35.8
34.0
38.6
34.3
26.9
37.3
30.0
32.5
28.8
31.7
31.3
35.5
34.4
39.6
28.4
39.8
32.7
30.5
28.0
33.0
32.2
37.4
35.2
31.8
33.1
28.6
32.1
31.8
30.7
32.9
30.4
36.2
31.4
32.4
37.1
26.5
37.3
33.7
30.5
33.2
33.2
29.1
25.5
36.8
29.6
45.0
31.8
29.5
26.0
31.0
33.2
35.2
40.2
40.3
32.5
38.0
31.6
37.3
37.3
30.8
29.5
35.1
34.3
36.4
41.3
31.2
38.2
31.7
32.4
33.6
30.4
32.5
29.1
40.2
33.8
36.0
32.6
33.4
34.9
31.2
36.0
28.8
41.4
34.5
24.1
30.6
33.7
32.1
23.3
2011
35.1
30.7
37.3
34.7
38.8
34.5
27.1
39.1
30.8
33.0
29.2
32.8
31.8
36.3
35.7
41.0
30.1
41.0
33.0
30.9
28.8
33.0
32.4
38.1
35.8
32.0
34.0
28.8
32.1
32.1
31.4
33.6
30.9
37.8
32.3
33.5
37.6
27.5
37.6
34.1
30.8
33.5
33.0
29.5
27.1
37.3
30.0
46.2
32.0
30.1
25.8
31.8
33.9
35.8
40.4
41.6
32.6
38.1
32.2
38.0
38.4
31.2
30.5
35.6
35.4
36.9
42.2
31.6
38.5
32.5
32.8
33.8
31.0
33.2
29.1
40.8
33.7
37.5
33.2
33.9
35.3
32.5
36.1
29.9
42.0
35.4
24.6
30.9
34.0
32.4
24.0
2011
2010
3.2
0.9
0.7
-
0.1
1.8
4.4
2.6
2.2
0.5
2.4
-1.5
0.4
2.0
4.9
2.7
1.4
1.5
3.5
1.3
0.6
0.6
4.2
3.9
2.4
0.7
0.8
1.2
2.1
-2.3
2.0
3.7
3.5
-1.9
6.1
1.2
1.8
3.0
1.0
-2.9
1.4
2.1
2.8
0.1
0.5
3.7
0.5
1.1
0.1
1.8
1.7
0.9
2.5
-0.7
0.8
0.2
2.1
0.8
0.0
1.2
2.1
2.2
2.4
-0.4
3.7
-1.9
2.4
-3.3
1.7
4.4
2.9
3.5
1.3
3.8
2.6
-0.5
0.3
1.8
0.0
0.8
1.3
0.9
0.9
-0.7
1.6
-0.3
0.7
6.6
- 0.2
- 0.1
1.2
-0.9
-0.5
2.3
1.9
-0.3
0.4
2.4
2.4
0.8
1.8
- 1.0
0.9
-0.4
1.2
1.8
1.1
1.2
1.3
0.9
2.3
0.6
1.3
-3.9
- 0.1
- 0.1
0.3
- 0.1
0.1
0.7
-2 .9
0.9
2.9
-
0.6
1.4
6.3
1.6
1.5
2.7
0.8
2.0
-0 .7
2.6
2.1
1.7
0.6
3.3
0.2
0.5
2.0
1.9
3.1
1.5
3.3
1.4
3.1
1.2
2.1
1.3
0.9
2.5
1.2
0.7
1.7
2.1
- 0.1
1.5
-0 .4
4.1
1.9
1.5
2.2
1.1
-1 .7
1.4
- 0.2
4.2
-0.5
4.3
0.3
3.8
1.5
4.5
2.8
2.1
1.1
0.8
2.6
0.9
0.9
2.9
2.8
0.1
August 2013
101
S u r v e y o f C u r r e n t B u s in e s s
Table 3. Real Per Capita Personal Income by Metropolitan Area, 2009-2011—Continues
Regional price parities (RPPs)
for all items
2009
Las Cruces, NM..................................................................
Las Vegas-Paradise, NV ...................................................
Lawrence, K S ........
Lawton, OK............
Lebanon, PA..........
Lewiston, ID-WA....
Lewiston-Auburn, M E ........................................................
Lexington-Fayette, KY
Lima, O H ...............
Lincoln, N E ............
Little Rock-North Little Rock-Conway, A R ......................
Logan, UT-ID......................................................................
Longview, T X ......................................................................
Longview, W A .....................................................................
Los Angeles-Long Beach-Santa Ana, C A ......................
Louisville-Jefferson County, KY-IN...................................
Lubbock, T X ........................................................................
Lynchburg, V A ....................................................................
Macon, G A .........................................................................
Madera-Chowchilla, CA.....................................................
Madison, W l.......................................................................
Manchester-Nashua, NH..................................................
Manhattan, KS....................................................................
Mankato-North Mankato, M N ...........................................
Mansfield, OH.....................................................................
McAllen-Edinburg-Mission, T X .........................................
Medford, O R .......................................................................
Memphis, TN-M S-AR........................................................
Merced, C A ........................................................................
Miami-Fort Lauderdale-Pompano Beach, F L ................
Michigan City-La Porte, IN................................................
Midland, T X ........................................................................
Milwaukee-Waukesha-West Allis, W l..............................
Minneapolis-St. Paul-Bloomington, MN -W I....................
Missoula, M T ......................................................................
Mobile, A L ...........................................................................
Modesto, C A .......................................................................
Monroe, LA..........................................................................
Monroe, M l..........................................................................
Montgomery, A L .................................................................
Morgantown, W V ................................................................
Morristown, T N ...................................................................
Mount Vernon-Anacortes, W A ..........................................
Muncie, IN ...........................................................................
Muskegon-Norton Shores, M l..........................................
Myrtle Beach-North Myrtle Beach-Conway, S C ............
Napa, C A .............................................................................
Naples-Marco Island, F L ..................................................
Nashville-Davidson-Murfreesboro-Franklin, TN.............
New Haven-Milford, C T ....................................................
New Orleans-Metairie-Kenner, LA ...................................
New York-Northern New Jersey-Long Island, NY-NJ-PA
Niles-Benton Harbor, M l...................................................
North Port-Bradenton-Sarasota, F L ................................
Norwich-New London, C T ................................................
Ocala, FL.............................................................................
Ocean City, N J....................................................................
Odessa, T X ........................................................................
Ogden-Clearfield, UT
Oklahoma City, OK
Olympia, WA.........
Omaha-Council Bluffs, NE-IA...........................................
Orlando-Kissimmee-Sanford, FL .....................................
Oshkosh-Neenah, W l........................................................
Owensboro, K Y ....
Oxnard-Thousand Oaks-Ventura, CA..............................
Palm Bay-Melbourne-Titusville, FL..................................
Palm Coast, FL...................................................................
Panama City-Lynn Haven-Panama City Beach, FL .......
Parkersburg-Marietta-Vienna, W V-O H...........................
Pascagoula, M S .................................................................
Pensacola-Ferry Pass-Brent, F L .....................................
Peoria, IL .............................................................................
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD........
Phoenix-Mesa-Glendale, A Z ............................................
Pine Bluff, A R .....................................................................
Pittsburgh, PA.....................................................................
Pittsfield, MA
Pocatello, ID
Portland-South Portland-Biddeford, M E .........................
Portland-Vancouver-Hillsboro, OR-WA...........................
Port St. Lucie, FL................................................................
Poughkeepsie-Newburgh-Middletown, N Y .....................
Prescott, A Z........................................................................
Providence-New Bedford-Fall River, RI-MA....................
Provo-Orem, U T .................................................................
Pueblo, C O .........................................................................
Punta Gorda, FL.................................................................
Racine, W l...........................................................................
Raleigh-Cary, NC................................................................
Rapid City, S D ....................................................................
Reading, PA........................................................................
Redding, C A .......................................................................
Reno-Sparks, N V ..............................................................
Richmond, VA.....................................................................
Riverside-San Bernardino-Ontario, C A ..........................
See the footnotes at the end of the table.
92.5
2010
2011
95.6
91.6
94.5
90.3
95.1
93.2
89.4
92.2
93.4
92.4
91.7
92.9
114.0
92.0
94.7
91.0
90.2
96.3
96.7
108.9
90.5
92.8
100.5
95.7
91.6
95.1
91.6
95.2
93.4
89.3
92.1
93.7
92.2
91.7
93.6
114.6
92.2
94.4
91.8
91.1
96.5
96.7
109.0
91.0
88.0
88.6
90.4
87.3
96.8
94.2
95.0
105.1
86.4
96.5
95.0
89.7
87.2
96.5
94.3
95.0
104.9
85.4
97.3
95.0
92.4
99.7
96.0
92.9
95.4
91.4
94.5
93.2
89.0
92.1
93.7
91.9
92.3
93.2
114.8
92.2
94.4
92.4
91.3
95.3
96.7
108.9
91.3
87.3
89.0
87.3
96.6
94.5
94.9
104.5
84.9
98.3
94.9
102.1
102.2
102.2
94.9
92.1
99.0
89.1
97.1
93.3
87.3
81.5
99.5
91.2
90.4
95.7
116.1
100.9
95.0
115.5
99.5
95.4
92.3
98.8
89.4
97.4
93.6
88.9
82.4
99.1
90.3
90.6
95.7
116.1
120.6
121.2
90.9
99.9
102.3
95.5
109.2
94.3
94.9
93.0
104.0
94.1
91.1
99.1
95.7
92.3
98.6
89.5
98.1
93.5
89.7
82.9
98.7
90.4
90.5
95.8
116.7
99.1
95.1
115.5
98.6
121.3
91.1
98.7
101.2
100.1
92.2
88.2
111.2
97.7
95.4
98.7
89.0
94.6
95.2
92.8
108.3
100.1
95.0
115.5
99.1
102.1
94.7
110.8
94.8
95.6
93.3
103.9
94.1
99.6
92.4
88.7
95.0
95.8
93.6
103.8
94.4
99.2
92.5
111.8
88.5
92.6
97.9
91.2
97.0
94.3
98.1
89.4
94.3
95.4
92.2
108.7
101.4
88.3
92.6
97.6
91.2
100.6
100.8
99.4
99.0
99.4
97.8
121.5
96.4
100.9
96.5
93.5
95.8
93.3
96.4
90.6
96.7
97.8
99.7
97.1
105.6
102.1
121.2
96.6
101.0
96.5
93.2
96.7
93.5
96.5
91.0
96.4
97.9
100.1
96.9
105.6
101.8
95.4
110.0
88.6
111.6
96.4
93.5
97.9
89.8
93.3
95.6
92.2
108.9
100.8
87.5
92.7
97.0
91.3
100.9
99.6
97.0
121.4
95.4
101.2
96.1
93.6
95.7
93.4
96.2
91.2
97.3
97.9
99.1
97.1
105.1
Per capita personal income
(thousands of dollars)
2009
28.4
35.0
33.3
34.3
35.6
33.9
34.8
35.6
29.6
36.7
38.0
26.4
34.6
31.0
42.1
36.3
32.5
31.8
33.3
25.2
42.9
44.5
40.3
33.4
28.7
2010
29.4
34.7
32.2
35.5
36.8
34.8
34.7
36.2
30.1
37.2
38.3
26.8
36.4
31.6
42.8
37.4
33.9
32.5
34.2
26.9
43.9
46.0
41.0
35.1
29.3
2011
30.0
35.7
33.4
37.0
38.5
35.8
36.2
37.8
31.8
39.0
39.9
27.6
38.8
32.6
44.4
39.0
34.6
33.7
35.6
28.6
46.0
48.0
43.6
37.4
30.7
20.2
21.2
21.6
33.1
36.3
26.1
40.5
29.4
51.9
41.9
45.0
33.6
30.2
30.1
32.8
32.3
34.6
32.7
27.2
37.2
28.8
27.2
28.1
48.1
54.9
38.6
45.7
41.5
52.3
33.0
44.3
44.7
30.1
45.7
32.2
32.6
36.5
40.0
41.5
33.3
35.1
32.4
43.6
36.0
30.3
34.6
30.8
32.9
33.6
39.4
45.5
35.2
29.0
41.1
41.3
27.7
40.8
38.6
35.9
39.4
28.6
40.0
24.7
29.4
33.2
36.6
38.6
36.8
35.4
33.7
40.4
40.0
28.9
33.5
37.3
27.1
41.8
30.0
58.3
43.0
46.5
34.0
31.5
31.0
32.8
33.4
35.4
34.0
28.4
37.2
29.0
28.3
28.5
48.8
57.3
40.6
47.1
42.6
54.6
34.7
46.1
45.7
31.5
47.0
34.2
32.6
37.8
39.9
42.6
34.4
37.1
32.8
44.2
36.7
31.6
36.1
31.2
33.6
34.5
40.3
46.8
35.4
29.8
42.6
42.4
28.0
42.0
39.4
36.9
40.8
28.5
41.3
24.7
30.3
33.7
37.0
39.2
39.0
36.1
34.4
40.3
41.0
29.1
34.6
38.6
28.5
43.1
31.7
65.2
44.6
48.7
35.2
32.8
32.1
33.8
35.6
36.5
35.2
29.3
38.5
30.2
29.8
29.1
51.3
59.3
42.1
49.5
43.6
56.8
35.8
47.7
47.5
32.7
48.7
38.4
34.1
40.0
41.3
44.5
35.5
38.4
34.7
45.9
38.0
33.2
37.1
32.7
34.3
36.1
43.7
48.7
36.8
30.9
45.0
44.5
29.0
44.0
41.3
38.4
42.5
29.5
43.2
25.8
31.8
35.2
38.4
40.6
41.3
37.7
35.5
41.7
43.0
30.0
Per capita personal income at R P P s 1 Real per capita personal incom e 2 Percent growth in real per
(thousands of dollars)
capita personal income
(thousands of dollars)
2009
30.9
34.7
35.0
37.7
37.9
37.8
36.8
38.4
33.3
39.9
40.9
28.8
37.9
33.5
37.1
39.7
34.6
35.1
37.1
26.3
44.5
41.1
44.7
38.2
31.9
23.3
34.3
38.7
27.6
38.7
34.2
54.1
44.3
44.3
35.6
33.0
30.6
37.0
33.4
37.3
37.7
33.5
37.5
31.8
30.3
29.5
41.7
54.7
40.8
39.7
42.0
43.6
36.5
44.5
43.9
31.7
42.0
34.4
34.5
39.4
38.7
44.3
33.4
38.3
36.9
39.4
37.1
31.9
35.3
34.8
35.0
35.5
42.7
42.3
34.7
33.0
44.6
42.4
30.6
40.7
39.0
36.4
32.7
29.7
39.8
25.7
31.7
34.5
39.4
40.2
40.6
36.9
34.6
40.5
41.5
27.5
2010
31.9
34.7
33.9
39.0
38.9
38.2
36.8
39.0
34.0
40.7
41.2
29.3
40.0
34.0
37.6
40.9
36.2
35.6
37.8
28.1
45.7
42.5
45.3
39.8
32.9
24.4
34.9
39.8
28.7
40.2
35.4
60.3
45.5
45.8
35.9
34.4
31.6
36.9
34.6
38.1
38.5
34.7
37.8
32.3
31.4
30.0
42.3
57.7
43.0
41.1
43.2
45.4
38.4
46.8
45.0
33.2
43.1
36.3
34.4
40.8
38.7
45.6
34.8
40.4
37.3
39.8
38.1
33.7
37.0
35.1
35.9
36.4
44.0
43.4
35.2
34.0
46.3
43.7
30.9
41.9
39.9
38.0
33.8
29.8
41.2
25.8
32.6
35.4
39.9
40.9
43.3
37.6
35.4
40.6
42.5
27.8
2011
32.7
36.0
35.0
40.1
40.6
39.4
38.5
40.8
35.9
42.7
42.9
30.2
42.3
35.2
38.9
42.6
36.9
36.7
39.2
30.2
47.9
44.4
48.1
43.2
34.8
24.9
36.0
41.1
30.2
41.5
37.5
66.7
47.3
47.9
37.0
35.8
32.8
38.1
36.6
39.3
39.6
35.6
39.3
33.6
33.1
30.6
44.2
60.2
44.6
43.1
44.5
47.1
39.6
48.7
46.9
34.8
44.3
40.7
35.9
43.0
40.0
47.5
36.1
41.8
39.4
41.4
39.7
35.7
38.1
36.6
37.0
38.0
47.7
45.0
36.8
35.5
48.8
46.2
32.0
43.9
41.8
39.8
35.2
31.1
43.0
27.1
34.2
37.0
41.4
42.5
45.6
39.0
36.5
42.4
44.6
28.7
2009
28.4
31.8
32.1
34.6
34.8
34.7
33.7
35.3
30.5
36.6
37.5
26.4
34.8
30.7
34.1
36.4
31.7
32.2
34.0
24.2
40.9
37.7
41.1
35.0
29.3
21.4
31.5
35.5
25.3
35.5
31.4
49.6
40.6
40.6
32.7
30.3
28.1
33.9
30.6
34.2
34.6
30.7
34.4
29.1
27.8
27.1
38.2
50.2
37.5
36.5
38.5
40.0
33.5
40.9
40.3
29.0
38.6
31.5
31.7
36.2
35.5
40.7
30.7
35.1
33.9
36.2
34.0
29.2
32.4
31.9
32.1
32.6
39.2
38.8
31.8
30.2
40.9
38.9
28.1
37.4
35.8
33.4
30.0
27.3
36.6
23.6
29.1
31.7
36.1
36.9
37.3
33.9
31.8
37.2
38.1
25.3
2010
28.7
31.3
30.5
35.1
35.0
34.4
33.1
35.1
30.6
36.6
37.1
26.4
36.0
30.6
33.9
36.8
32.6
32.0
34.0
25.3
41.2
38.2
40.8
35.9
29.6
22.0
31.4
35.8
25.8
36.2
31.8
54.3
41.0
41.2
32.3
30.9
28.4
33.2
31.1
34.3
34.7
31.2
34.0
29.1
28.3
27.0
38.1
51.9
38.7
37.0
38.9
40.8
34.6
42.2
40.5
29.9
38.8
32.7
31.0
36.7
34.8
41.0
31.3
36.4
33.6
35.8
34.3
30.3
33.3
31.6
32.3
32.8
39.6
39.1
31.7
30.6
41.7
39.4
27.8
37.8
35.9
34.2
30.5
26.8
37.1
23.2
29.4
31.9
36.0
36.8
39.0
33.8
31.9
36.6
38.3
25.0
2011
28.7
31.6
30.8
35.2
35.7
34.7
33.9
35.8
31.6
37.5
37.7
26.6
37.1
30.9
34.2
37.4
32.4
32.2
34.4
26.6
42.1
39.0
42.2
37.9
30.5
21.9
31.7
36.2
26.6
36.5
33.0
58.7
41.6
42.1
32.5
31.4
28.8
33.5
32.1
34.5
34.8
31.3
34.5
29.5
29.1
26.9
38.9
52.9
39.2
37.9
39.1
41.4
34.8
42.8
41.3
30.6
38.9
35.8
31.5
37.8
35.2
41.7
31.7
36.8
34.6
36.4
34.9
31.4
33.5
32.2
32.5
33.4
41.9
39.6
32.3
31.2
42.9
40.6
28.1
38.6
36.7
35.0
31.0
27.3
37.8
23.8
30.0
32.5
36.4
37.4
40.1
34.2
32.0
37.2
39.2
25.2
2010
2011
1.3
-1 .9
-5.0
1.4
- 0.1
1.3
0.8
0.5
0.8
- 0.8
1.8
0.8
-1.9
-0 .5
2.4
0.2
0.0
- 1.1
0.0
3.2
2.3
1.7
0.7
3.1
3.5
-0.4
-0.5
-
2.1
1.0
1.1
1.0
1.8
2.7
-0 .5
0.6
0.0
0.6
4.5
0.7
1.5
- 0.6
2.4
1.0
2.8
- 0.2
0.8
2.0
1.7
1.4
9.4
1.3
5.2
2.2
2.0
3.5
5.8
3.2
-0.4
0.7
0.9
2.8
0.9
3.6
8.1
0.8
1.4
1.5
2.1
0.6
1.6
-
1.0
2.2
-
2.0
1.6
1.3
0.3
0.4
1.5
1.3
0.7
3.3
0.5
0.2
0.2
1.2
0.2
1.8
- 0.2
1.5
1.5
2.9
-0 .4
-0 .4
3.4
3.2
1.4
2.1
-
1.0
2.1
3.1
3.1
0.7
3.0
0.5
3.6
- 2.2
1.4
-1 .9
0.8
2.1
3.6
- 0.8
-0 .9
0.8
3.8
3.0
-0.9
0.8
0.7
1.1
0.7
-0.5
1.1
2.0
1.3
-0.9
1.9
1.4
2.6
0.6
1.4
0.7
1.5
1.7
2.2
0.3
9.5
1.8
3.1
1.0
1.7
1.2
1.0
3.1
1.4
1.9
3.5
0.5
1.8
0.6
1.9
5.9
1.3
2.1
2.1
3.0
3.1
0.3
1.1
2.1
2.2
2.2
2.4
1.5
1.6
2.1
1.1
1.8
1.6
- 1.6
1.0
0.6
-
-0.4
- 0.1
4.6
- 0.1
0.4
- 1.6
0.4
- 1.0
1.7
2.5
2.3
2.1
1.2
1.5
2.8
1.2
0.4
1.8
2.5
1.0
102
Real Personal Income and Regional Price Parities
August 2013
Table 3. Real Per Capita Personal Income by Metropolitan Area, 2009—2011—'Table Ends
Regional price parities (RPPs)
for all items
2009
Roanoke, VA.......................................................................
Rochester, MN
Rochester, NY
Rockford, IL....
Rocky Mount, NC
Rome, GA
Sacramento-Arden-Arcade-Roseville, C A ......................
Saginaw-Saginaw Township North, M l...........................
St. Cloud, M N .....................................................................
St. George, U T ...................................................................
St. Joseph, MO-KS............................................................
St. Louis, MO-IL
Salem, OR
Salinas, CA
Salisbury, MD......................................................................
Salt Lake City, U T ..............................................................
San Angelo, T x ...................................................................
San Antonio-New Braunfels, T X ......................................
San Diego-Carlsbad-San Marcos, CA .............................
Sandusky, O H .....................................................................
San Francisco-Oakland-Fremont, C A ..............................
San Jose-Sunnyvale-Santa Clara, CA.............................
San Luis Obispo-Paso Robles, C A ..................................
Santa Barbara-Santa Maria-Goleta, C A .........................
Santa Cruz-Watsonville, C A .............................................
Santa Fe, NM......................................................................
Santa Rosa-Petaluma, CA
Savannah, G A ............
Scranton-Wilkes-Barre, PA...............................................
Seattle-Tacoma-Bellevue, W A ..........................................
Sebastian-Vero Beach, FL................................................
Sheboygan, W l...........
Sherman-Denison, T X .......................................................
Shreveport-Bossier City, LA
Sioux City, IA-NE-SD..
Sioux Falls, S D ...........
South Bend-Mishawaka, IN-MI.........................................
Spartanburg, SC ,
Spokane, W A..............
Springfield, I L .............
Springfield, M A ...................................................................
Springfield, MO
Springfield, O H ...................................................................
State College, PA
Steubenville-Weirton, OH-W V..........................................
Stockton, CA...
Sum ter,SC.. ,
Syracuse, NY..
Tallahassee, FL...................................................................
Tampa-St. Petersburg-Clearwater, F L .............................
Terre Haute, IN ....................................
Texarkana, TX-Texarkana, A R ...........
Toledo, O H ............................................
Topeka, K S ...........................................
Trenton-Ewing, N J ...............................
Tucson, A Z............................................
Tulsa, O K .............................................................................
Tuscaloosa, AL
Tyler, TX
Utica-Rome, NY
Valdosta, GA...
Vallejo- Fairfield, CA
Victoria, T X ..........................................................................
Vineland-Millville-Bridgeton, N J...................................
Virginia Beach-Norfolk-Newport News, VA-NC..............
Visalia-Porterville, C A ........................................................
Waco, T X .............................................................................
Warner Robins, G A ...........................................................
Washington-Arlington-Alexandria, DC-VA-MD-WV
Waterloo-Cedar Falls, IA....................................................
Wausau, W l........................................................................
Wenatchee-East Wenatchee, WA....................................
Wheeling, WV-OH
Wichita, KS
Wichita Falls, TX
Williamsport, PA
Wilmington, NC
Winchester, VA-WV
Winston-Salem, N C ...........................................................
Worcester, M A ....................................................................
Yakima, WA.........................................................................
York-Hanover, PA................................................................
Youngstown-Warren-Boardman, OH-PA.........................
Wjba City, C A ......................................................................
Yuma, A Z .............................................................................
91.9
94.2
98.1
93.5
89.8
85.5
101.3
91.4
92.7
95.9
90.3
89.3
96.2
104.4
93.0
98.4
93.2
94.7
113.0
86.0
119.2
119.0
104.1
106.1
118.7
98.9
116.0
96.4
93.3
106.4
92.8
92.6
93.1
92.0
89.8
92.0
91.1
90.3
95.1
93.7
97.9
90.0
90.5
98.1
88.2
100.2
2010
92.3
94.2
98.0
92.9
90.3
86.4
101.1
2011
2009
2010
2011
Per capita personal income at R P P s 1 Real per capita personal incom e 2 Percent growth in real per
(thousands of dollars)
(thousands of dollars)
capita personal income
2009
2010
2011
2009
2010
2011
94.8
92.9
92.7
118.3
90.6
92.1
94.7
87.5
92.2
91.7
92.9
94.8
91.9
92.4
105.7
94.0
96.8
89.3
96.4
95.2
36.9
41.4
38.4
31.8
30.6
30.9
39.2
29.4
32.9
26.6
32.4
40.3
32.1
39.9
32.0
37.3
34.3
33.8
44.1
34.9
57.0
53.5
37.8
42.6
45.6
41.9
42.7
37.5
34.5
48.0
47.7
38.0
31.1
35.5
34.6
41.0
33.5
29.9
34.5
40.5
37.6
31.8
32.5
32.3
29.6
30.0
28.3
35.9
32.1
35.8
29.4
32.4
33.6
36.0
50.7
33.8
38.1
31.7
35.8
32.8
28.7
37.5
35.5
32.5
39.1
26.5
31.6
32.8
55.7
35.7
35.4
33.8
31.6
36.8
33.8
31.3
32.9
32.6
34.5
42.0
31.2
35.3
30.7
30.9
26.0
37.3
44.0
40.0
32.9
30.4
31.9
39.5
30.4
33.6
26.5
32.6
41.0
32.3
40.1
32.6
38.0
35.6
35.2
45.0
36.2
58.6
56.7
38.6
43.1
46.6
41.9
43.3
38.7
35.5
48.7
48.7
38.5
31.8
37.2
35.3
42.4
34.4
30.6
34.6
41.6
38.5
32.0
33.1
33.6
29.9
30.3
28.8
37.3
33.9
38.0
30.4
33.4
34.6
35.9
52.1
33.9
39.5
33.1
37.1
34.2
29.5
36.9
37.2
33.9
40.1
28.0
33.1
33.6
57.3
36.3
36.1
33.8
32.4
36.9
35.0
32.8
33.2
33.5
34.8
43.5
32.0
35.7
31.8
31.1
26.4
39.1
44.2
41.7
34.2
31.4
33.2
40.7
32.0
35.3
27.2
34.2
42.9
33.4
41.1
33.6
39.6
37.5
36.8
46.8
38.2
61.4
61.0
40.3
45.2
48.9
43.3
45.3
40.3
36.9
50.9
51.0
39.9
33.4
38.9
37.0
45.1
36.1
31.7
35.9
43.2
40.0
33.3
34.8
35.3
31.3
31.0
29.9
38.7
34.7
39.3
31.4
34.8
36.3
37.8
54.4
35.0
42.2
34.3
38.5
35.4
30.4
38.1
39.8
35.3
42.0
29.6
33.9
34.7
59.3
39.2
37.2
35.2
34.4
38.6
36.7
35.3
34.5
35.0
36.4
45.5
33.4
37.4
33.4
32.4
27.1
40.4
44.2
39.3
34.2
34.2
36.4
38.9
32.4
35.7
27.8
36.0
45.3
33.6
38.4
34.6
38.0
37.0
35.9
39.2
40.9
48.1
45.2
36.5
40.4
38.7
42.6
37.0
39.1
37.1
45.3
51.6
41.3
33.6
38.8
38.7
44.8
37.0
33.3
36.4
43.5
38.7
35.5
36.1
33.1
33.8
30.1
32.1
37.3
33.1
36.5
33.1
36.1
37.1
39.7
45.5
35.0
41.4
34.7
37.8
34.8
33.3
32.7
38.7
31.0
39.6
28.0
34.0
35.2
47.5
39.7
38.6
36.0
36.1
40.2
36.8
34.0
35.2
35.3
37.6
39.9
33.6
36.9
34.2
31.8
27.5
40.7
47.1
41.0
35.7
33.8
37.2
39.3
33.5
37.3
28.0
36.5
46.1
33.7
38.8
35.4
38.9
38.6
37.4
39.8
42.8
49.6
48.0
37.3
41.0
39.8
43.0
37.6
40.3
38.3
46.1
52.9
42.1
34.4
40.4
39.7
46.3
38.0
34.1
36.6
44.9
39.7
35.8
36.7
34.2
34.1
30.4
32.5
38.9
35.1
39.0
34.2
37.4
38.4
39.5
46.8
35.2
43.0
36.1
38.9
36.4
34.4
32.2
40.5
32.1
40.4
29.6
35.7
36.2
48.8
40.3
39.5
35.7
37.2
40.4
38.1
35.8
35.4
36.9
38.1
41.4
34.5
37.3
35.6
32.3
27.9
42.7
47.5
42.8
36.8
34.7
38.5
40.7
35.3
38.6
28.8
38.3
48.2
34.8
39.9
36.7
40.6
40.7
39.0
41.2
45.7
52.0
51.6
39.1
43.2
41.8
44.2
39.4
41.9
39.6
48.3
55.9
43.9
36.1
42.1
41.5
49.4
39.8
35.4
38.0
46.6
41.1
37.2
38.5
35.9
35.9
31.3
33.4
40.2
36.0
40.3
35.1
38.8
40.4
41.7
48.8
36.4
45.8
37.4
40.4
37.6
35.6
33.3
43.3
33.1
42.2
31.5
36.8
37.7
50.5
43.6
40.7
37.4
39.6
42.1
40.3
38.2
36.7
38.4
39.7
43.4
35.7
38.9
37.7
33.8
28.6
37.1
40.5
36.1
31.3
31.4
33.4
35.6
29.7
32.7
25.5
33.1
41.6
30.8
35.2
31.7
34.9
34.0
32.9
36.0
37.5
44.1
41.5
33.5
37.0
35.5
39.0
33.9
35.8
34.1
41.6
47.4
37.9
30.8
35.6
35.5
41.1
33.9
30.6
33.4
39.9
35.5
32.5
33.1
30.3
31.0
27.6
29.5
34.3
30.4
33.5
30.4
33.1
34.1
36.4
41.7
32.1
37.9
31.8
34.7
31.9
30.5
30.0
35.5
28.4
36.3
25.7
31.2
32.3
43.6
36.4
35.4
33.0
33.1
36.9
33.7
31.2
32.3
32.4
34.5
36.6
30.8
33.8
31.4
29.2
25.2
36.6
42.4
37.0
32.1
30.5
33.5
35.4
30.2
33.6
25.2
32.9
41.5
30.4
34.9
31.8
35.0
34.8
33.6
35.8
38.5
44.6
43.2
33.6
36.9
35.8
38.7
33.9
36.3
34.5
41.5
47.6
37.9
30.9
36.4
35.7
41.7
34.2
30.7
33.0
40.4
35.7
32.2
33.0
30.7
30.7
27.4
29.3
35.0
31.6
35.1
30.8
33.6
34.6
35.5
42.1
31.7
38.7
32.5
35.0
32.8
31.0
29.0
36.5
28.9
36.4
26.7
32.2
32.6
43.9
36.3
35.5
32.2
33.5
36.4
34.3
32.2
31.8
33.2
34.3
37.2
31.1
33.6
32.0
29.1
25.1
37.5
41.8
37.6
32.4
30.5
33.9
35.8
31.0
33.9
25.3
33.6
42.3
30.6
35.0
32.3
35.7
35.7
34.3
36.2
40.1
45.7
45.4
34.3
37.9
36.8
38.9
34.6
36.9
34.8
42.4
49.1
38.6
31.7
37.0
36.5
43.4
35.0
31.1
33.4
41.0
36.2
32.7
33.8
31.6
31.5
27.5
29.3
35.4
31.6
35.4
30.8
34.1
35.5
36.7
42.9
32.0
40.3
32.9
35.5
33.1
31.3
29.2
38.1
29.1
37.1
27.7
32.3
33.1
44.4
38.3
35.8
32.8
34.8
37.0
35.4
33.6
32.2
33.7
34.9
38.1
31.4
34.2
33.1
29.7
25.2
89.0
30.5
31.5
33.2
34.6
35.7
37.6
31.8
32.1
38.6
70.2
39.8
75.9
41.6
78.5
21.2
21.6
49.9
54.7
56.9
38.6
57.4
23.3
34.1
39.8
62.1
24.4
37.7
41.6
66.7
24.9
41.8
35.4
52.7
21.4
31.3
35.8
55.9
20.2
92.2
93.5
98.0
93.5
90.9
86.6
100.8
91.2
90.8
95.3
89.9
89.4
96.4
104.0
92.7
98.3
92.7
94.8
113.8
85.1
119.0
119.0
104.2
105.9
117.8
98.1
115.8
96.6
93.3
106.4
92.7
92.1
93.1
92.7
89.6
92.2
91.2
90.4
95.0
93.4
97.7
90.0
90.9
99.0
88.3
91.3
91.9
95.1
89.9
89.6
96.6
103.9
92.1
98.2
92.9
94.9
114.3
84.2
118.9
119.0
103.9
105.4
117.6
98.6
116.0
96.8
93.9
106.3
91.8
91.6
93.2
93.0
89.7
91.8
91.3
90.2
95.1
93.2
97.8
90.1
91.0
99.0
100.1
99.8
90.2
96.7
97.2
98.1
90.3
90.1
90.5
91.1
112.3
96.6
92.8
92.2
96.0
94.8
85.9
115.2
92.5
107.4
88.0
88.7
96.6
97.5
98.6
89.2
90.0
91.0
91.3
89.3
96.6
97.2
98.2
89.4
90.0
90.7
91.6
112.0
112.1
97.0
92.5
91.9
95.2
94.7
86.7
115.2
92.1
105.6
99.4
95.2
93.4
93.6
118.0
90.5
92.3
94.5
91.9
92.3
92.4
94.1
93.0
92.1
105.8
93.5
96.3
90.2
97.7
95.0
96.8
92.6
92.5
96.0
94.5
86.3
115.4
92.5
106.6
99.9
95.1
93.1
93.5
118.4
90.6
92.2
95.2
87.7
92.0
92.3
92.2
94.6
91.6
92.0
105.8
93.4
96.4
89.9
96.9
95.0
United States nonmetropolitan portion............................
88.6
89.0
All metropolitan areas and the US nonmetropolitan
p ortion.............................................................................
Maximum.............................................................................
Minim um..............................................................................
Range..................................................................................
100
100
100
122.9
81.5
41.4
122.9
81.6
41.4
123.1
81.5
41.6
88.1
Per capita personal income
(thousands of dollars)
100.1
22.0
33.9
2010
-
2011
1.1
4.5
2.4
2.5
-3 .0
0.3
-0 .7
1.6
2.6
-1 .5
-0.5
- 0.1
-1.4
-0.9
0.4
0.3
2.4
2.2
2.4
-1 .4
1.8
0.8
0.2
1.2
1.0
2.8
1.1
0.4
2.3
2.0
0.7
0.4
1.4
1.9
2.8
1.9
-0.5
1.2
2.8
1.1
4.2
2.4
5.0
4.2
0.4
-0 .3
1.0
2.2
2.8
2.6
- 0.8
- 0.2
1.3
0.4
1.1
0.9
2.3
3.1
-0.3
0.5
2.1
1.6
0.0
1.8
0.3
2.5
2.2
0.5
1.4
0.7
0.3
-1 .3
1.2
0.7
- 1.0
-0 .4
1.3
- 1.0
- 0.8
-0 .7
2.1
4.1
4.7
1.4
1.4
1.5
-2.5
0.9
-1 .3
1.9
2.2
1.0
2.7
1.5
-3.3
2.7
1.6
0.3
4.0
3.2
0.9
1.8
2.2
4.3
2.3
1.2
1.4
1.4
1.2
1.5
2.4
2.7
2.8
0.4
0.2
1.1
0.1
0.9
0.0
1.5
2.8
3.2
1.9
1.0
4.1
1.3
1.3
0.9
1.1
0.9
4.3
0.7
1.9
3.7
0.5
1.5
0.8
1.1
-0.4
0.4
-2.5
0.6
2.0
1.1
-1 .4
1.7
3.3
-1 .4
2.5
- 0.6
1.8
1.0
-0.7
2.0
- 0.2
5.6
3.9
1.7
3.1
4.2
1.3
1.7
1.7
2.4
1.0
1.7
3.5
-0 .4
2.2
0.1
33.0
1.0
2.9
36.5
58.7
21.9
36.7
1.1
2.0
9.4
-5 .0
14.4
9.5
-1.4
10.9
1. Results are balanced to ensure that the sum of nominal income across metropolitan areas equals the sum of
real income levels. PCE price indexes (base year = 2005) used in this article for 2009, 2010, and 2011 are 109.0,111.1,
personal income at RPPs. The annual balancing factors for metropolitan areas from 2009 to 2011 are 0.99476, 0.99332,
and 113.8, respectively. These indexes do not reflect the national income and product accounts comprehensive revision
and 0.99330, respectively.
that was released on July 31, 2013.
2. The national personal consumption expenditures (PCE) price index is used in conjunction with the RPPs to compute
August 2013
103
S u r v e y o f C u r r e n t B u s in e s s
Table 4. Regional Price Parities for Goods, Rents and Other Services by State, 2007-2011
Services
All items
Goods
Rents
2007
Alabam a..........................................
Alaska..............................................
Arizona............................................
Arkansas .........................................
C alifornia.........................................
Colorado
Connecticut....................................
Delaware
District of Columbia.......................
Florida
Georgia
Hawaii..............................................
Ida h o ...............................................
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana.........................................
Maine...............................................
M aryland.........................................
Massachusetts...............................
Michigan..........................................
Minnesota........................................
Mississippi
Missouri....
M ontana...
Nebraska..
Nevada....
New Hampshire..............................
New Jersey
New Mexico
New York..
North Carolina
North Dakota
O hio..........
O klahoma.
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota..................................
Tennessee
Texas ........
Utah
Vermont....
Virginia
Washington
West Virginia
Wisconsin........................................
Wyoming..........................................
90.1
106.2
100.4
88.9
110.4
99.6
All states..........................................
Maximum.........................................
Minim um..........................................
Range..............................................
2008
104.8
111.9
90.5
105.6
100.3
89.5
110.7
100.3
110.7
104.0
112.9
100.2
100.0
94.6
116.7
93.1
100.4
92.3
89.2
90.4
89.2
92.3
97.4
110.4
107.3
96.0
96.5
88.3
88.9
92.4
90.1
94.2
116.5
94.0
100.5
92.3
89.5
90.8
89.5
92.7
97.8
2009
2010
90.7
106.2
99.7
89.1
90.8
105.2
99.2
89.7
2011
90.7
105.9
98.9
89.4
110.7
2007
97.7
102.6
101.0
2008
97.6
102.9
101.0
2009
97.6
102.8
101.0
2010
97.4
102.6
2011
97.4
102.7
100.9
96.5
103.1
102.3
104.9
102.9
106.9
98.7
97.6
107.4
98.4
101.4
96.4
93.5
95.0
96.1
97.6
98.5
103.2
98.7
97.7
97.8
95.9
92.5
98.8
94.3
97.0
98.6
110.6
110.8
96.8
103.2
96.7
103.2
96.7
103.2
100.3
110.9
104.5
112.4
99.6
94.2
115.8
93.9
99.9
110.5
104.2
114.1
99.1
94.4
116.2
92.8
100.1
102.0
102.0
102.0
110.4
104.3
114.6
99.0
94.3
116.4
93.1
104.7
102.3
106.6
98.8
98.0
107.2
98.5
100.6
100.8
100.8
101.1
92.1
89.4
90.9
89.9
93.1
97.0
111.4
107.6
95.6
96.6
88.7
89.0
93.9
90.3
99.2
106.3
113.3
94.5
114.5
92.8
88.4
90.7
91.1
97.7
98.8
100.5
92.5
87.5
91.5
97.4
96.0
99.7
102.9
92.2
89.7
90.9
89.9
93.0
97.7
111.5
107.7
95.5
96.7
89.0
89.3
94.0
90.0
98.9
105.5
113.2
94.8
114.7
92.7
88.9
90.5
91.3
98.0
98.9
96.4
93.6
95.2
96.4
97.9
98.5
102.9
98.6
97.5
97.7
96.3
92.8
99.0
94.3
97.1
98.5
104.8
102.5
107.1
98.8
97.9
106.8
98.5
101.4
96.5
93.6
95.2
96.3
97.8
9 84
103.0
98.3
97.6
97.8
96.2
92.7
99.0
94.4
97.2
98.5
100.8
100.6
100.6
101.0
101.0
97.7
107.1
97.7
93.5
95.1
97.3
97.9
99.8
98.6
97.9
93.1
97.7
98.5
97.5
98.6
100.0
100.0
92.8
94.6
89.8
92.5
95.7
90.1
92.8
96.5
103.4
96.8
95.7
98.9
98.5
97.7
93.1
97.4
98.4
97.3
98.5
100.7
103.5
96.6
95.8
98.7
98.5
97.7
93.1
97.4
98.4
97.3
98.5
102.2
97.8
107.2
97.7
93.5
95.2
97.2
97.7
99.9
98.5
97.9
93.2
97.6
98.5
97.6
98.4
100.7
103.4
96.8
95.8
98.8
97.6
107.4
97.5
93.4
95.0
97.0
97.9
102.1
97.7
107.2
97.7
93.5
95.2
97.2
97.8
99.9
98.5
97.9
93.2
97.6
98.5
97.5
98.4
100.7
103.4
96.8
95.8
98.8
97.6
107.4
97.5
93.4
95.0
97.0
97.8
88.9
92.9
95.0
92.4
89.3
90.7
89.8
92.7
98.0
111.5
107.4
95.6
96.9
88.7
88.9
94.1
90.0
100.4
105.8
113.3
94.2
114.2
92.7
87.9
90.4
90.9
97.9
98.3
100.7
92.5
86.5
91.5
97.2
96.8
100.3
102.7
102.7
89.5
92.6
95.6
104.8
102.4
107.0
98.9
97.9
106.8
98.5
101.4
96.5
93.6
95.2
96.3
97.8
98.4
103.0
98.3
97.6
97.7
96.2
92.7
99.0
94.4
97.2
98.4
100.9
96.5
103.1
102.3
104.9
102.9
106.8
98.7
97.6
107.5
98.4
101.4
96.4
93.5
95.0
96.1
97.6
98.5
103.2
98.7
97.7
97.8
96.0
92.5
98.8
94.3
97.0
98.6
103.5
96.6
95.8
98.7
100.0
100.0
100.0
100.0
100.0
116.7
86.9
29.7
116.5
87.8
28.7
115.8
86.5
29.3
116.2
87.5
28.7
116.4
87.2
29.1
99.6
107.2
92.8
14.4
99.6
107.2
92.7
14.4
99.6
107.2
92.7
14.4
99.5
107.5
92.5
14.9
99.5
107.4
92.5
14.9
110.6
111.1
107.7
95.9
96.5
89.3
89.0
94.4
90.0
101.0
101.0
106.5
106.3
113.0
94.5
114.3
92.5
112.2
93.9
113.7
92.5
87.0
91.0
90.6
97.5
98.3
88.1
90.7
90.7
97.4
98.5
101.0
100.6
91.7
86.9
91.2
97.2
95.9
91.7
87.8
91.2
97.2
96.6
100.0
101.8
100.1
102.2
102.2
101.7
88.8
100.8
92.7
87.2
91.8
97.3
96.0
100.3
102.9
100.6
100.6
2007
2008
72.3
128.9
73.2
127.1
102.1
101.2
69.9
138.5
100.5
123.4
109.3
119.6
111.7
88.5
155.8
78.4
100.5
80.7
75.2
78.5
70.1
80.7
90.2
70.8
138.1
102.4
123.6
105.2
121.5
109.9
86.9
159.4
79.0
99.6
80.9
75.7
80.5
70.1
81.6
94.0
124.5
122.0
121.5
87.7
92.0
71.0
78.3
74.8
76.6
117.0
124.0
138.6
80.6
126.9
81.5
64.7
80.2
73.9
93.1
87.5
110.6
78.7
67.4
76.8
91.4
89.1
108.3
105.5
103.0
67.5
87.9
82.7
122.6
88.0
89.8
72.8
79.4
79.3
76.1
115.7
122.0
139.3
81.3
128.0
81.0
68.5
79.5
73.4
92.4
89.2
109.2
78.4
70.1
76.1
91.4
91.3
109.8
106.6
104.6
66.3
2009
74.0
132.5
98.2
69.4
137.7
102.2
124.9
107.2
119.2
108.0
87.0
155.0
78.7
100.2
81.5
75.1
80.1
71.2
81.6
95.4
126.4
120.9
86.5
92.0
70.6
78.7
78.0
76.0
111.3
118.8
141.1
79.9
127.4
81.9
67.7
78.3
74.5
95.2
88.5
109.6
81.3
65.2
77.4
91.6
91.9
111.6
109.7
107.4
68.3
Other
2010
74.9
127.3
95.9
71.9
136.8
101.5
2011
74.1
133.3
94.6
71.0
135.8
102.7
122.6
121.8
104.8
130.4
105.9
88.3
151.8
74.9
100.5
80.3
75.5
81.1
71.9
83.6
90.2
125.5
120.3
105.1
132.9
105.5
87.6
152.8
76.0
100.7
80.6
76.8
81.3
71.8
83.3
94.0
126.0
120.7
86.6
86.1
90.3
71.2
79.5
77.5
77.6
106.2
121.4
139.1
81.9
129.3
82.8
70.1
79.4
75.8
93.5
89.9
108.3
81.7
69.1
78.0
92.1
88.9
107.2
110.9
105.2
69.5
85.9
91.0
72.1
80.7
78.1
76.5
104.6
116.4
138.7
83.5
130.1
82.6
72.2
78.3
76.5
94.6
90.6
2007
93.1
99.7
98.8
92.2
105.1
96.3
111.3
104.9
113.4
95.5
94.7
106.0
96.2
99.7
94.1
91.2
91.1
92.5
93.3
99.0
111.8
111.1
78.9
91.7
89.4
111.7
98.4
97.4
91.6
89.9
95.8
92.0
98.2
107.9
113.2
97.3
114.2
93.2
91.1
92.0
92.8
99.5
102.3
98.8
93.4
90.7
93.1
98.9
97.6
98.6
110.8
101.2
99.1
93.4
91.8
95.9
110.2
82.5
68.2
2008
2009
2010
2011
93.3
100.5
98.9
92.3
105.3
97.1
110.7
105.1
113.6
95.6
94.7
106.7
97.0
93.2
100,4
99.0
92.2
105.3
97.1
100.0
100.1
94.0
91.3
91.1
92.6
93.4
98.7
111.5
94.0
91.3
91.1
92.6
93.4
98.6
111.5
111.2
111.2
111.8
111.2
98.1
98.4
91.7
90.0
95.9
92.0
98.8
107.8
113.6
98.2
114.3
93.3
91.2
92.1
92.9
99.5
98.1
98.5
91.7
90.0
95.8
92.0
98.8
107.7
113.7
98.2
114.2
93.3
91.3
92.1
92.8
99.4
98.1
98.5
91.7
90.1
96.1
92.1
98.3
107.7
113.7
97.9
114.3
93.3
91.3
92.4
92.9
99.6
98.1
98.5
91.7
90.2
96.1
92.1
98.3
107.7
113.6
97.9
114.3
93.3
91.3
92.4
92.9
99.6
102.2
102.2
102.2
102.2
98.3
93.5
90.8
93.2
99.2
98.4
98.3
101.3
99.6
93.5
91.9
96.2
98.3
93.5
90.8
93.2
99.2
98.4
98.2
101.3
99.6
93.5
91.9
96.2
98.4
93.5
90.9
93.3
99.4
98.0
98.0
101.4
99.2
93.5
92.0
96.3
98.5
93.5
90.9
93.3
99.4
98.0
98.0
101.4
99.2
93.5
92.0
96.4
110.8
105.1
113.5
95.6
94.7
106.6
96.9
93.3
93.3
100.1
100.1
98.9
92.3
105.3
96.8
110.9
105.1
113.5
95.6
94.6
106.5
96.9
100.3
94.2
91.4
91.1
92.6
93.5
98.3
98.9
92.3
105.3
96.7
110.9
105.2
113.6
95.7
94.6
106.7
97.0
100.3
94.2
91.4
91.1
92.6
93.5
98.4
111.9
111.2
82.0
85.1
86.0
106.2
70.7
87.2
90.3
100.6
100.8
100.8
100.8
100.8
100.1
100.1
100.1
100.1
100.1
155.8
64.7
91.1
159.4
66.3
93.1
155.0
65.2
89.8
151.8
69.1
82.7
152.8
114.2
89.9
24.2
114.3
90.0
24.2
114.2
90.0
24.2
114.3
90.1
24.2
114.3
90.2
24.2
88.1
86.6
68.2
84.6
SEARCH
bea.gov
August 2013
105
BEA BRIEFING
A First Look at Experimental Personal Consumption
Expenditures by State
,
By Christian Awuku-Budu, Ledia Guci, Christopher A. Lucas and Carol A. Robbins
T
HE VARYING economic experiences across the
states during the downturn that began in Decem
ber 2007 and ended in June 2009 emphasized the im
portance o f regional statistics. Gross domestic product
(GDP) statistics by state, and personal income statis
tics by state have long provided important information
on the value of final goods and services produced by
industries and on the incomes earned by households.
However, corresponding information on household
sector consumption at the state level has not tradition
ally been available.
Such information would be useful, as it would pro
vide a clearer indication of how households in various
regions fare in recessions and recoveries. Such statistics
would yield insights on many questions, such as what
categories o f consumption decline the most in specific
states and how the growth rates of consumer spending
compare with the growth rates of disposal personal in
come.
The Bureau of Economic Analysis (BEA) has been
exploring the possibility of producing statistics on per
sonal consumption expenditures (PCE) at the state
level to address this data gap for several years, and it is
now in position to begin producing these statistics on
an annual basis. BEA plans to release its first set of pro
totype statistics in 2014.
These experimental PCE-by-state statistics are de
signed to be used in conjunction with other macroeco
nomic and regional data produced by BEA. Given the
limited availability of source data at the regional level,
the new PCE-by-state statistics will not provide the
same level of category detail that BEA currently makes
available at the national level. The 16 categories pre
pared for these statistics correspond to the categories
in table 2.3.5 in the national income and product ac
counts.
In addition, the new statistics will not initially ac
count for the differences in prices of goods and ser
vices across regions or over time. Nevertheless, these
statistics will provide several benefits. They can be used
by state governments to analyze the potential revenue
impact generated from various sales tax proposals.
They can be used for cross-state comparison o f the im
pact of fiscal policy choices on household spending.
They can be used to improve the regional input-output
models developed by regional economists in state gov
ernments and academia. They can be used to assess
purchasing power potential for marketing. Finally, the
new statistics can be used to provide an indication of
the general well-being of households in a state econ
omy.
This “BEA Briefing” provides a first look at the most
recent experimental PCE-by-state statistics, providing
an overview of the methodology and discussing the
initial results. It also discusses BEA’s long-term plans to
continue to develop and improve these statistics.
The methodology is relatively simple, utilizing ei
ther state-level expenditure and receipt data or price
and quantity data whenever these state-level data are
available. For years when these data are not available,
wage and salary data for the industries that provide the
goods and services are used for interpolation and ex
trapolation. The experimental statistics are evaluated
for consistency with state-level disposable personal in
come, population, and out-of-pocket household
spending. Evaluation of the extrapolated results sug
gests that the methodology produces estimates that are
close to the benchmark values for years when the pri
mary source data are not yet available.
A BEA working paper that provides a more com
plete description of the methodology used to create
these statistics was released earlier this year.1 BEA plans
to continue to update potential users on the develop
1.Christian Awuku-Budu, Ledia Guci, Christopher Lucas, and Carol
Robbins, “Experimental PCE-by-State Statistics,” BEA working paper
W P 2 0 1 3 -6 (Washington, DC: BEA, June 2013); www.bea.gov.
A First Look at Experimental PCE by State
106
ment of these statistics. The aim of these efforts is to
solicit feedback on how the current methodology
might be improved before the new statistics become an
official product of the Bureau.
Methodology
Consistency with BEA statistics
PCE by state measures spending on goods and services
by, and on behalf of, resident households in each of the
50 states and the District of Columbia. Like PCE in the
national income and product accounts (NIPAs), PCE
by state excludes residential fixed investment but in
cludes the net expenditures by resident nonprofit insti
tutions serving households (see the box “How Do
Personal Consumption Expenditures Differ From Outof-Pocket Spending?”).
The experimental PCE-by-state statistics are con
August 2013
structed to be consistent with BEA’s national PCE sta
tistics with respect to category definitions and to be
consistent with BEA’s regional income statistics with
respect to residency. Consistency with the residency
concepts of BEA’s state personal income statistics al
lows household income and consumption to be accu
rately compared within the same geographic
boundaries.
The same data sources that are used for the national
statistics are also used for the state statistics whenever
possible. However, some of the data sources do not
provide complete coverage at the state level, so the esti
mates are scaled to sum to the category totals pre
sented in the NIPAs. This practice o f rescaling to match
a national statistic is consistent with what is done for
many other BEA regional statistics, such as the statis
tics on GDP by state and GDP by metropolitan area,
How Do Personal Consumption Expenditures Differ From Out-of-Pocket Spending?
Personal consumption expenditures (PCE) measures
spending by the personal sector of the economy, which
consists of households and nonprofit institutions serv
ing households (NPISHs). A large part of PCE consists
of out-of-pocket purchases of services and new goods
from businesses, governments and government enter
prises, and NPISHs. However, PCE is distinct from
out-of-pocket household spending in a number of
important ways.
Because it aims to measure the spending of the per
sonal sector of the economy without duplication, only
the net purchases of used goods from governments and
businesses are included in PCE. The net purchase is the
difference between receipts and expenses for the used
goods. Purchases between households, such as pur
chases from yard sales and Craigslist, are excluded
because they are transactions within the personal sec
tor.
Some household purchases are made from govern
ments and NPISHs for things like education and health
care, where the price that households pay is less than
the cost of delivering those services. How is the
remainder of those costs accounted for in final
demand? Again, only their net expenditures are
included in PCE to avoid duplication in the measure
ment of spending. Thus the costs incurred by the
NPISHs less sales by NPISHs to households are
accounted for as a separate component of PCE, the net
expenditures of NPISHs. When similar services are
provided by the government sector in exchange for a
fee, the costs that are not paid for by households are
accounted for in the national economic accounts as
government expenditures.
In addition to these out-of-pocket expenditures,
PCE also includes spending on behalf of resident
households and imputations for consumption without
direct market transactions. When governments and
employers provide the payments for the services that
households purchase, but not the services directly,
these services are also part of PCE. For example, PCE
includes expenditures for health care that are paid for
by Medicare, Medicaid, and employer provided insur
ance. When governments provide services directly,
such as through elementary and secondary schools or
through veterans hospitals, these expenditures are not
treated as part of PCE but are treated as part of govern
ment output.
An important component of PCE is the value of
housing services that home-owners consume. Because
home-owners consume these services whether or not
they owe a mortgage, PCE includes an imputed mea
sure that represents the rent that homeowners would
pay if they rented the home that they own. PCE also
includes the financial services that households receive
without direct payment, such as no-additional-fee
checking accounts, use of automated teller machines,
record keeping, and the safekeeping of deposits.
Finally, PCE excludes purchases of illegal goods and
services, because these are not part of measured eco
nomic output. When combined with investment, gov
ernment expenditures, and net exports, PCE provides a
complete picture of the final uses of economic output.
For more information on the construction of PCE in
the NIPAs, see “Chapter 5: Personal Consumption
Expenditures” in Concepts and Methods o f the U.S.
National Income and Product Accounts at www.bea.gov.
August 2013
S u r v e y o f C u r r e n t B u s in e s s
which are released by BEA each year.
The experimental PCE-by-state statistics use the
same category definitions as those in the NIPAs, but
the differences in residency lead to some differences
between state statistics and national statistics. At the
national level, PCE covers activities that are attribut
able to U.S. residents even when that activity takes
place outside of the United States.2 National PCE in
cludes expenditures of U.S. government civilian and
military personnel stationed abroad, regardless of the
length of their assignment.
In contrast, because the PCE-by-state statistics are
designed to correspond to the same population used to
measure state disposable personal income, PCE by
state excludes the spending of U.S. personnel stationed
abroad.3 Thus, the sum of all consumer spending in
the states and the District of Columbia is smaller than
the national total spending by the amount of net ex
penditures of U.S. residents abroad, which is reported
in the NIPAs in other nondurable goods. PCE by state
does include travel expenditures abroad by U.S. resi
dents, which are presented as part of services.
Source data and main steps
The experimental PCE-by-state statistics are created
with a relatively simple methodology and evaluation
procedure that is based on detailed state-level source
data. The methodology has three main steps:
•Use state-level data to create an initial set of annual
nominal expenditure estimates for detailed catego
ries.
• Scale the initial estimates for each detailed category
across states to match the national PCE categories
and aggregate the expenditures to the 16 categories
presented in the experimental PCE-by-state statis
tics.
•Adjust estimated expenditures with household sur
vey-based data when evaluation indicates out-of2. In the NIPAs, PCE includes expenditures by persons physically located
in the United States who have resided, or expect to reside, in the country for
1 year or more. It also includes the purchases by U.S. government personnel
stationed abroad, and by U.S. residents who are traveling or working
abroad for 1 year or less (Bureau of Econom ic Analysis, “Personal C on
sumption Expenditures,” in Concepts and Methods of the U.S. National
Income and Product Accounts, October 2009, page 5 -2 ).
3. For state and county personal income statistics, BEA considers a resi
dent to be a participant in a U.S. regional economy regardless of national
allegiance or duration of residence. A residence adjustment reallocates
income earned in places of work other than the recipient’s place of resi
dence. In practice, state and county personal income excludes the income
earned by U.S. residents living abroad but includes the income earned by
foreign nationals working in the United States (Bureau of Econom ic Analy
sis, State Personal Income and Employment Methodology, September 2011).
107
state spending is present.
The data and methods used for the annual estimates
and the residency adjustment are described below. A
more detailed explanation is available in a working pa
per on BEA’s Web site.
Annual estimates
Three methods are used to prepare the initial set of an
nual estimates; the method used depends on the data
that are available for each spending category. For ex
ample, expenditures on housing and utilities— the
largest expenditure category of state PCE (18.0 percent
in 2011)— use price and quantity data for the tenant
occupied housing and utilities components and use
state personal income for the owner-occupied housing
component. Expenditures on health care services—
the second largest category of state PCE (16.3 percent
in 2011)— use annual expenditure data. Expenditures
on goods and some of the services use economic cen
sus receipts. The three methods, price times quantity,
personal income, and expenditures or receipts, are de
scribed in greater detail below.
Price times quantity. This method is used for ex
penditures on tenant-occupied housing, utilities, and
higher education. For tenant-occupied housing, hous
ing stock and rent data available from the Decennial
Census for the years 1990 and 2000 are used for quan
tity and price. For 2005-2007, data from the American
Community Survey (ACS) are used. For other years,
state population growth is used to interpolate and ex
trapolate expenditures to complete the series.
For utilities, three main annual data sources are
used: state-level household water usage data from the
U.S. Geological Survey, regional water price data from
the National Association of Clean Water Agencies, and
state-level household usage and price data on electric
ity and natural gas from the Energy Information
Agency. For higher education, enrollment and average
state tuition data from the National Center for Educa
tion Statistics are used.
Personal income. This method is used for owneroccupied housing and for financial services and insur
ance. Owner-occupied housing, which is one of the
largest spending subcategories, is the expenditure that
a homeowner would make if they rented the home in
stead o f owning it. The source data for this subcategory
are the BEA’s Regional Income Division measure of the
net rental income that a homeowner would receive if
they rented the home instead o f owning it. The data
source for this net rental income estimate is state-level
A First Look at Experimental PCE by State
108
Decennial Census and ACS data on the value of owneroccupied housing.4 For the financial services and in
surance category of PCE, disposable personal income
by state is used as an indicator to allocate the corre
sponding national expenditures to states.
Receipts and expenditures. This method is used for
most categories of goods and for many services. For
health care services, many categories of spending cor
respond directly to the categories of spending tabu
lated by state of residence by the Center for Medicare
and Medicaid Services. Data on expenditures of reli
gious institutions are drawn from the National Center
for Charitable Statistics. While these sources provide
annual data, wage and salary data are used to extrapo
late recent years when the source data are not yet avail
able.
For many categories of goods and services, statelevel economic census data are used to provide bench
mark estimates for 1997, 2002, and 2007. For goods,
the methodology uses receipts from the Census of Re
tail Trade that are based on the state in which the re
tailer is located. Industry receipts from the Census of
Services are used for many services categories. For
both goods and services, class-of-customer data are
used to exclude the purchases made by businesses and
government.
The use of these data to create state-level PCE statis
tics presents two limitations. First, they do not provide
a complete time series for the PCE-by-state statistics,
because the data are only available every 5 years. This
limitation is overcome by using the growth rate of
wages for the industries that sell the goods and services
4. The difference between PCE and net income for owner-occupied hous
ing is that net income is the PCE expenditure less the costs of home owner
ship. These costs are intermediate goods and services consumed,
consumption of fixed capital, property taxes, net interest paid, net transfer
payments, and subsidies. The use of net income as an indicator for PCE
assumes that these intermediate costs are the same share of imputed gross
rental income for owner-occupied housing across states.
Acknowledgments
The authors received valuable input from many BEA
staff members on the development of the experimen
tal statistics. In particular, they wish to thank Ana
Aizcorbe, Michael Armah, Bettina Aten, Kyle Brown,
Harvey Davis, Eric Figueroa, Ian Mead, Clinton
McCully, Carol Moylan, Mauricio Ortiz, and Joel
Platt. Therese McGuire of BEA’s Advisory Committee
also provided valuable comments.
August 2013
in each PCE category to extrapolate and interpolate es
timates for the missing years. These wage data come
from BEA’s regional wage and salary series and from
the Bureau of Labor Statistics (BLS) Quarterly Census
of Employment and Wages. A test extrapolation of ex
penditures based on 2002 economic census data shows
that this procedure provides generally accurate results.
Chart 1 shows a comparison of 2007 benchmarked
and extrapolated expenditures for food services and
accommodations for California. The extrapolated
value for 2007 is 1.0 percent below the benchmarked
estimate. Although larger extrapolation errors can be
expected for small states, the results suggest that the
extrapolated estimates provide a reasonable approach
to the missing data challenge.
A second limitation of the economic census data is
that the data reflect the state where the business that
provides the goods or services is located, not necessar
ily the state of the household where the goods or ser
vices are consumed; by definition, PCE statistics
should reflect the residence of the consuming house
hold. This limitation is overcome by the residency ad
justment, which uses household-survey-based data.
Residency adjustment
Residency adjustments are based on an analysis that
Chart 1. Benchmarked and Extrapolated Estimates for
Food Services and Accommodations for California
August 2013
compares the census-based estimates with data related
to state-level household spending. For each category,
the analysis is done with three ratios: a state PCE to
state population ratio, a state PCE to state disposable
personal income ratio, and a ratio that compares the
census-based measure to a survey-based measure de
rived from consumer expenditure-based data from
BLS.5
In a few cases, the analysis provides evidence that
the census-based measures assign a relatively large
amount of consumer spending to the state of the busi
nesses that provide the goods or services rather than to
the state of residency of consumers. In these cases,
household-survey-based data are used to make a con
sumer residency adjustment for out-of-state spend
ing.6 The main categories affected are food services and
accommodations, recreation services, transportation
services, other durable goods, and gasoline and other
energy goods. These residency adjustments make up
less than 2 percent of total PCE.
A First Look at State-Level PCE
If the PCE-by-state statistics were produced as a regu
lar time series, they would provide a wealth of infor
mation for analysis. Three examples drawn from the
experimental statistics show the kind of information
and comparisons that could be made.
Total spending across states
The experimental PCE-by-state statistics show the geo
graphic variation in total spending across states. The
variation in annual nominal total PCE expenditures
largely follows the geographic distribution of popula
tion. As table 1 shows for 2011, the highest estimated
expenditures are for California and the lowest are for
Wyoming.
The experimental PCE-by-state statistics also show
substantial variation in annual percent changes. From
1997 to 2011, the states’ total PCE expenditures grew at
an average annual rate of 4.8 percent (table 2). How
ever, the growth in total PCE expenditures in the
Southeast, Southwest, Rocky Mountain, and Far West
5. These data are expenditure weights created as part of BEA’s regional
price parities; for details, see Bettina H. Aten, Eric B. Figueroa, and Troy M.
Martin, “Real Personal Income and Regional Price Parities for States and
Metropolitan Areas, 2 0 0 7 -2 0 1 1 ” in this issue of the S u r v e y .
6. Four factors have the potential to affect the geography of consumption
and influence receipts-based statistics. First, neighboring states with differ
ing sales tax rates may lead consumers living near the border to shop in a
neighboring state. Second, sparse populations or high urban rents lead con
sumers to travel to a neighboring state for particular products that are not
available in their local area. Third, regional transportation hubs, such as
regional airports, lead consumers to travel to other states for transportation
services. Fourth, travel and tourism leads consumers to travel to locations
with recreation or other amenities outside of their home state.
109
S u r v e y o f C u r r e n t B u s in e s s
Table 1. State Total Personal Consumption Expenditures, 2011
[Millions of dollars]
2011
Sum of states1
New England.......
Connecticut........
Maine.................
Massachusetts....
New Hampshire..
Rhode Island.....
Vermont.............
10,720,970
606,087
149,799
48,161
295,906
50.588
38,294
23,340
Mideast......................
Delaware.................
District of Columbia.
Maryland.................
New Jersey.............
New York.................
Pennsylvania...........
1,846,930
33,731
32.322
226,128
357,393
759,284
438,073
Great Lakes..............
Illinois......................
Indiana....................
Michigan.................
Ohio........................
Wisconsin...............
1,499,084
445,298
201,214
308,266
358,501
185,805
P lains........................
Iowa........................
Kansas....................
Minnesota..............
Missouri..................
Nebraska................
North Dakota..........
South Dakota.........
683,270
95,521
88.322
193,460
193,565
59,222
25,438
27,742
Southeast.................
Alabama................
Arkansas................
Florida....................
Georgia..................
Kentucky................
Louisiana...............
Mississippi.............
North Carolina.......
South Carolina.......
Tennessee.............
Virginia...................
West Virginia..........
2,560,805
135,795
80,010
694,560
304,882
127,466
147.588
83,549
295,952
143,253
197,824
292,843
57,085
Southwest................
Arizona..................
New Mexico...........
Oklahoma..............
Texas......................
1,188,176
221,613
65,371
115,960
785.232
Rocky Mountain.
Colorado..........
Idaho................
Montana...........
Utah.................
Wyoming..........
366.232
178,017
49,238
35,433
84,094
19,450
Far West.............
Alaska..............
California.........
Hawaii..............
Nevada............
Oregon............
Washington......
,970,386
25,438
,404,891
50,620
93,350
135,232
260,854
1. The PCE for the sum of states equals national PCE less net expenditures abroad by
U.S. residents.
N ote. The experimental statistics are based on the national PCE statistics from the
national income and product accounts before the comprehensive revision that was
released on July 31, 2013. Statistics on expenditures may not sum to the regions’ PCE
totals because of rounding.
Source. Authors’ calculations.
August 2013
A First Look at Experimental PCE by State
110
Table 2. Percent Change from Preceding Period in State Total Personal Consumption Expenditures
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Average
19982011
Sum of states1..................................
6.2
7.2
7.7
4.7
4.1
4.9
6.0
6.4
5.7
5.1
2.7
-1.9
3.8
5.0
4.8
New England............................................
Connecticut...........................................
Maine.....................................................
Massachusetts......................................
New Hampshire.....................................
Rhode Island.........................................
Vermont..................................................
6.1
5.6
6.7
6.4
6.4
5.2
5.5
7.1
6.5
8.1
7.1
8.4
7.1
7.7
7.0
5.0
6.1
7.7
8.1
9.4
7.9
6.2
5.7
6.9
6.4
6.1
5.7
7.3
4.6
4.7
6.0
3.5
6.5
6.9
6.4
5.7
4.3
5.4
5.7
7.4
8.3
5.7
5.5
5.5
6.2
5.6
4.6
4.2
6.5
4.9
5.1
4.6
5.1
4.8
4.5
4.6
4.1
5.0
5.0
3.8
3.2
2.4
4.1
4.2
4.5
4.7
4.5
2.8
3.0
4.2
3.2
2.7
3.0
3.8
2.6
1.8
4.6
-1.4
-1.4
-1.5
-1.2
-1.7
-1.8
-1.8
3.6
2.4
3.0
4.5
2.3
3.3
4.5
4.3
4.0
3.8
4.8
4.0
3.4
3.7
4.7
4.3
4.9
4.8
4.7
4.5
5.1
Mideast.....................................................
Delaware................................................
District of Columbia...............................
Maryland................................................
New Jersey............................................
New York................................................
Pennsylvania..........................................
5.6
6.9
1.0
5.9
5.8
5.6
5.5
6.7
8.7
4.5
7.9
5.9
7.0
6.5
7.2
7.6
10.1
8.1
7.1
7.2
6.7
4.8
6.4
4.2
6.3
5.1
4.3
4.5
4.5
3.4
6.9
4.7
5.3
4.3
3.9
5.1
6.2
2.5
5.6
5.1
5.4
4.7
5.7
7.0
9.1
7.0
5.2
5.9
4.7
5.5
6.2
3.7
6.8
4.5
6.0
5.1
4.7
5.6
7.8
5.3
5.2
4.6
4.0
4.9
4.9
3.9
4.3
4.5
5.3
5.2
2.9
2.8
4.9
2.2
2.1
3.5
2.9
-1.6
-0.9
-0.7
-1.1
-2.8
-1.4
-1.5
3.7
3.4
5.8
3.0
2.9
4.5
3.4
4.7
5.5
5.7
4.1
3.8
5.6
4.3
4.6
5.3
5.0
5.0
4.3
4.8
4.3
Great Lakes..............................................
Illinois.....................................................
Indiana...................................................
Michigan.................................................
O hio.......................................................
Wisconsin...............................................
5.4
5.3
5.8
4.4
5.9
5.8
6.5
5.7
7.1
6.4
6.4
8.1
7.1
8.1
6.9
5.6
7.5
7.0
3.8
3.8
4.1
3.6
3.5
4.7
2.9
2.5
3.4
2.6
3.0
3.9
3.6
3.5
3.8
2.7
3.7
5.2
4.2
4.7
5.1
3.6
3.0
5.3
4.3
5.8
4.3
2.5
3.7
5.2
3.7
5.0
3.9
2.3
2.4
5.3
4.3
6.2
4.3
2.6
3.6
4.0
2.0
2.0
2.7
2.2
1.0
3.1
-2.8
-3.0
-1.7
-3.4
-2.7
-2.4
2.9
2.7
3.3
2.8
2.9
2.8
4.9
4.6
5.3
5.2
4.8
4.3
3.8
4.1
4.2
3.1
3.5
4.5
Plains........................................................
Iowa........................................................
Kansas...................................................
Minnesota..............................................
Missouri.................................................
Nebraska................................................
North Dakota.........................................
South Dakota.........................................
6.1
5.7
6.9
6.2
6.1
6.0
5.2
5.2
7.2
7.2
6.2
8.8
6.3
7.5
4.9
7.7
7.2
6.2
5.3
9.7
6.4
7.2
6.2
6.2
5.0
3.1
4.4
5.3
5.4
6.4
5.7
5.2
3.6
2.4
3.5
3.4
4.2
3.0
6.0
5.2
4.7
4.0
4.3
4.8
4.5
5.6
5.4
6.7
4.9
5.7
4.5
5.4
4.2
5.0
4.3
4.8
4.5
4.8
4.2
3.8
4.7
5.4
4.9
4.9
4.6
5.1
5.4
4.0
4.4
4.7
5.6
5.4
4.8
4.3
4.8
4.6
4.8
4.9
6.1
5.4
3.5
3.7
3.6
3.4
3.5
3.3
3.0
4.4
-1.9
-1.8
-1.5
-2.9
-1.7
-1.7
1.0
-0.2
3.2
3.1
2.6
3.0
2.8
3.6
7.3
5.4
5.3
6.6
5.1
5.1
4.3
4.5
11.3
6.3
4.5
4.3
4.2
4.6
4.3
4.7
5.5
5.2
Southeast.................................................
Alabama.................................................
Arkansas................................................
Florida....................................................
Georgia..................................................
Kentucky.................................................
Louisiana................................................
Mississippi.............................................
North Carolina........................................
South Carolina.......................................
Tennessee..............................................
Virginia...................................................
West Virginia..........................................
6.2
5.0
5.5
6.5
6.9
6.0
5.3
6.9
6.6
6.7
5.7
6.4
4.6
7.1
6.3
7.1
6.0
8.0
7.3
4.8
7.6
8.5
8.4
7.0
8.2
5.8
7.8
5.6
7.9
8.3
8.7
7.9
5.6
6.4
8.8
7.2
7.1
8.5
6.8
4.9
5.1
5.0
5.8
5.1
3.4
3.3
5.0
4.4
4.5
3.8
5.5
6.3
4.2
5.1
4.1
5.0
3.6
4.3
3.6
4.2
3.2
4.1
3.2
5.4
2.7
5.3
4.1
5.1
6.2
5.3
4.4
6.8
5.6
4.1
4.4
4.4
6.3
3.3
6.8
6.0
4.1
8.9
5.4
5.5
5.4
5.0
6.5
6.5
5.7
8.0
5.7
7.6
6.1
6.6
10.9
7.0
4.9
4.1
6.8
6.5
6.6
6.0
8.0
4.1
6.4
5.3
5.4
8.5
6.2
4.2
5.0
6.7
5.9
6.3
5.7
5.6
4.5
5.1
4.2
5.2
3.5
6.1
4.1
8.4
6.6
7.3
7.3
5.6
3.8
4.9
2.2
1.9
2.6
1.4
1.3
2.6
4.1
2.3
3.2
3.1
1.4
2.9
3.8
-1.9
-2.4
-1.3
-1.9
-2.2
-1.0
-0.3
-2.2
-2.1
-2.6
-2.7
-2.0
-0.1
3.9
3.6
3.2
3.7
3.7
3.8
4.4
3.2
4.2
5.0
4.6
3.6
3.8
5.1
3.9
5.2
5.7
5.2
4.9
5.4
4.6
4.7
4.8
5.7
4.7
5.5
5.1
4.3
4.7
5.6
5.0
4.5
4.7
4.9
5.1
5.2
4.5
5.3
4.4
Southwest................................................
Arizona...................................................
New Mexico............................................
Oklahoma...............................................
Texas......................................................
7.4
7.8
5.1
5.6
7.7
7.7
8.8
6.3
6.3
7.8
8.5
8.6
5.4
7.0
8.9
4.0
5.3
6.4
5.3
3.3
3.7
5.8
5.8
2.4
3.2
4.9
6.4
5.9
5.3
4.3
6.6
9.2
7.1
5.4
6.0
8.4
12.4
8.3
7.4
7.5
7.9
10.9
6.2
7.7
7.2
6.0
5.3
7.3
7.1
5.9
3.4
2.4
4.6
4.3
3.5
-1.6
-2.9
-1.9
-1.2
-1.3
4.3
3.3
3.0
4.6
4.6
6.1
5.0
4.5
6.1
6.6
5.5
6.3
5.3
5.2
5.4
Rocky Mountain.......................................
Colorado................................................
Idaho......................................................
Montana................................................
U tah.......................................................
Wyoming................................................
6.8
7.2
6.5
5.4
6.9
6.1
8.6
9.6
8.3
7.2
7.3
8.3
8.8
9.8
9.1
7.6
7.7
5.1
5.7
5.8
5.2
6.6
5.4
5.8
4.2
3.0
5.6
6.2
4.7
9.1
3.9
3.1
6.3
5.6
2.9
8.4
5.1
4.1
6.2
6.8
7.0
2.5
6.8
4.6
11.7
8.7
8.6
5.1
7.6
5.2
10.0
8.5
11.0
9.2
6.5
5.4
5.5
7.3
9.2
7.0
3.4
3.4
2.8
4.9
2.7
6.1
-1.9
-2.2
-1.8
-1.7
-1.4
-2.5
3.3
2.9
4.0
3.4
4.0
2.5
5.5
5.1
6.2
5.7
5.8
4.4
5.3
4.8
6.1
5.9
5.8
5.5
Far W est...................................................
Alaska....................................................
California................................................
Hawaii....................................................
Nevada...................................................
Oregon...................................................
Washington............................................
7.1
5.4
6.7
2.6
8.2
6.5
10.1
7.8
7.6
7.7
5.3
10.7
8.6
7.1
8.2
6.6
8.6
6.6
8.7
6.3
7.6
4.5
6.7
4.6
3.5
7.5
4.2
3.3
4.6
7.4
4.7
2.6
5.1
4.8
3.4
5.3
6.0
5.3
5.6
8.2
3.7
5.1
7.1
5.2
7.0
8.6
13.8
6.4
6.1
7.7
4.1
7.5
9.1
12.3
7.5
6.7
6.3
3.6
5.9
6.6
8.7
8.0
7.4
5.3
5.1
4.6
5.6
6.2
7.0
7.8
2.6
4.7
2.3
3.5
3.0
1.6
4.3
-1.8
-0.2
-2.1
-0.2
-3.7
-2.2
-0.1
4.4
4.0
4.7
3.4
2.7
2.9
4.0
4.6
5.5
4.1
4.6
5.3
5.1
7.0
5.3
5.1
5.1
4.8
6.9
5.0
5.7
1. The PCE for the sum of states equals national PCE less net expenditures abroad by
national income and product accounts before the comprehensive revision that was
U.S. residents.
released on July 31,2013.
N o te . The experimental statistics are based on the national PCE statistics from the
Source. Authors’ calculations.
August 2013
Su r v e y
of
111
C u r r e n t B u sin ess
regions exceeded this annual rate; the Southwest
region grew at the highest annual rate of 5.5 percent.
High rates of PCE growth at the state level tend to cor
respond to states with high rates o f disposable personal
income growth. From 1997 to 2011, Utah, Wyoming,
Arizona, and Texas were in the top 10 states with the
highest growth in both PCE and disposable personal
income.
More pronounced cross-state differences in spend
ing are observed at detailed spending categories, even
across the most populous states (table 3). This table
can be used to calculate budget shares by category. For
example, spending on motor vehicles and parts for all
states was $374 billion out of a total of $10.7 trillion in
2011. Thus, the average budget share of expenditures
on motor vehicles and parts across all states was 3.5
percent, but it ranged from a low 2.3 percent in New
York to a high of 5.1 percent in Texas. Similarly, the av
erage budget share on housing and utilities across all
states was estimated at 18.0 percent of total expendi
tures. These shares were 13.4 percent for Texas and
23.6 percent for California.
Per capita spending across states
The experimental PCE-by-state statistics also show
substantial variation in per capita expenditures. Com
pared with California, New York, and Florida, Texas
had the highest estimated per capita spending on m o
tor vehicles and parts and on gasoline and other energy
goods, but it had the lowest per capita spending on
housing and utilities (table 4). New York had the high
est estimated per capita expenditures on health care.
Expenditures on housing and utilities make up the
Table 4. Per Capita Spending on Selected Expenditure Categories for
the Four Most Populous States, 2011
[Dollars]
Motor
Housing
Health
vehicles
and
and
care
utilities
parts
United States.......................................
California.......................................................
Texas.............................................................
New York.......................................................
Florida...........................................................
1,199
985
1,551
913
1,244
6,194
8,797
4,101
6,512
7,240
5,622
5,694
4,778
6,749
5,675
Gasoline
and
other
energy
goods
1,375
1,040
1,471
1,417
1,095
Note. The experimental statistics are based on the national PCE statistics from the
national income and product accounts before the comprehensive revision that was
released on July 31,2013.
Source. Authors’ calculations.
Table 3. State Personal Consumption Expenditures by Major Type of Product for the Four Most Populous States, 2011
[Millions of dollars]
Line
Personal consumption expenditures......................................................................................................
Sum of all
California
states1
Florida
694,560
401,474 235,508 298,186
135,101 71,557 101,684
37,131 17,771 39,828
29,875 16,980 19,842
43,298 24,599 26,609
24,798 12,207 15,405
266,373 163,952 196,501
95,639 47,887 63,072
45,101 30,078 29,901
39,204 27,584 37,759
86,429 58,403 65,769
249,132
77,857
23,716
18,207
26,473
9,462
171,275
51,186
18,135
20,868
81,087
7,104,222 1,003,417 523,776 487,047
6,812,279 962,698 488,889 473,189
1,929,948 331,569 126,765 105,284
1,751,619 214,623 131,371 122,667
302,022
38,064 21,421 25,827
394,534
51,102 26,444 29,883
670,947
88,619 50,599 54,979
807,053 105,272 57,871 64,271
956,156 133,449 74,418 70,278
40,719 34,887 13,858
291,943
1,164,469 132,891 121,481
58,309
92,172 86,594 44,451
872,526
445,428
431,625
137,980
108,148
17,616
20,986
44,013
49,954
52,930
13,803
53,801
39,998
2
3
4
5
6
7
8
9
10
11
12
3,616,748
1,146,422
373,595
251,703
340,117
181,006
2,470,326
810,188
349,183
428,303
882,652
Services.............................................................................................................................................................
Household consumption expenditures (for services)......................................................................................
Housing and utilities....................................................................................................................................
Health care..................................................................................................................................................
Transportation services...............................................................................................................................
Recreation services....................................................................................................................................
Food services and accommodations...........................................................................................................
Financial services and insurance................................................................................................................
Other services.............................................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs)2.............................
Gross output of nonprofit institutions3.........................................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions4...............................................
13
14
15
16
17
18
19
20
21
22
23
24
Texas
1 10,720,970 1,404,891 759,284 785,232
Goods................................................................................................................................................................
Durable goods................................................................................................................................................
Motor vehicles and parts.............................................................................................................................
Furnishings and durable household equipment..........................................................................................
Recreational goods and vehicles................................................................................................................
Other durable goods....................................................................................................................................
Nondurable goods..........................................................................................................................................
Food and beverages purchased for off-premises consumption...................................................................
Clothing and footwear.................................................................................................................................
Gasoline and other energy goods...............................................................................................................
Other nondurable goods..............................................................................................................................
1. The PCE for the sum of states equals national PCE less net expenditures abroad by
U.S. residents, which is a component of other nondurable goods.
2. Net expenses of NPISHs are defined as their gross operating expenses less primary
sales to households.
3. Gross output is net of unrelated sales, secondary sales, and sales to business, to
government, and to the rest of the world; excludes own-account investment (construction
and software).
New
York
4. Excludes unrelated sales, secondary sales, and sales to business, to government,
and to the rest of the world; includes membership dues and fees.
N o te . The experimental statistics are based on the national PCE statistics from the
national income and product accounts before the comprehensive revision that was
released on July 31,2013. The expenditures for each category may not sum to the PCE
totals because of rounding.
Source. Authors’ calculations.
112
A First Look at Experimental PCE by State
largest share of PCE by state. In 2011, Hawaii, Califor
nia, and the District of Columbia were in the highest
quintile for per capita spending on housing and utili
ties (chart 2). Other areas with high per capita expen
ditures on housing are located along the East coast and
the West coast. Overall, states with high per capita
spending on housing and utilities tend to correspond
to those with high price levels for housing services.7
Low per capita expenditures on housing and utilities
are estimated for the rural states of the Midwest. Based
on the experimental statistics, Texas had the lowest per
capita expenditures on housing and utilities of all the
other states plus the District of Columbia.
Per capita spending across time
In addition to these cross-state variations in per capita
spending by category, the experimental PCE-by-state
statistics can also show changes over time in regional
consumption on a per capita basis. For example, this
information can be useful to show the impact of the re
cent recession on household spending.
From 2008 to 2009, total per capita expenditures de
clined by 2.8 percent (table 5). Some regions, however,
experienced relatively larger declines. The regions with
the largest declines in total per capita PCE were the
Southwest and the Rocky Mountain regions (chart 3).
At the state level, spending cuts in per capita total PCE
ranged from 0.2 percent in North Dakota and 0.5 per
cent in West Virginia to 4.8 percent in Nevada and 4.9
percent in Wyoming (table 5). According to BEA’s state
personal income statistics, between 2008 and 2009, per
capita disposable personal income also declined by the
largest percentage in Wyoming (10.1 percent) and Ne
vada (9.0 percent).
Next Steps
As prototype estimates are developed for release
in the fall of 2014, BEA is seeking comments on po
tential uses of the data, the methodology, and en
hancements of the data set that would be most
valuable to users. Comments can be addressed to
Carol. Robbins@bea. gov.
Over the next year, planned areas of focus include
the following: the incorporation o f microdata for ten
ant-occupied housing and net foreign travel estimates,
the development of residency-based data sources for
the consumption of financial services, and the incor
poration of improved statistical methods for outlier
detection and interpolation into the experimental
August 2013
Table 5. Percent Change from Preceding Period in Per Capita State
Total Personal Consumption Expenditures, 2008-2009
2009
Sum of states1
-
New England........
Connecticut........
Maine.................
Massachusetts....
New Hampshire..
Rhode Island......
Vermont.............
-
Mideast.....................
Delaware................
District of Columbia..
Maryland................
New Jersey.............
New York................
Pennsylvania..........
-
-
2.8
1.8
1.8
-1.4
-1.9
-1.7
-1.7
-1.9
2.2
-1.7
-2.7
-1.9
-3.3
-1.9
-1.9
Great Lakes..............
Illinois.....................
Indiana...................
Michigan................
Ohio.......................
Wisconsin..............
-2.9
-3.3
-2.3
-2.9
P la in s.......................
Iowa.......................
Kansas...................
Minnesota..............
Missouri.................
Nebraska...............
North Dakota..........
South Dakota.........
-
Southeast.................
Alabama.................
Arkansas................
Florida....................
Georgia..................
Kentucky................
Louisiana...............
Mississippi.............
North Carolina.......
South Carolina.......
Tennessee..............
Virginia...................
West Virginia..........
-2.9
-3.2
Southwest................
Arizona...................
New Mexico...........
Oklahoma..............
Texas.................. ....
-3.3
-3.8
-3.1
-2.5
-3.2
Rocky Mountain.
Colorado..........
Idaho................
Montana...........
Utah.................
Wyoming..........
-3.6
-3.8
-3.0
-2.4
-3.5
-4.9
Far West.............
Alaska..............
California..........
Hawaii..............
Nevada.............
Oregon.............
Washington......
-2.9
for
-
2.8
-2.9
2.6
-2.3
-2.3
-3.5
-2.3
-
2.6
-
0.2
-
1.2
-
2.0
2.6
-3.4
- 1.6
-1.5
-
2.6
-3.6
-3.9
-3.6
-3.2
-0.5
-
1.8
-3.0
-1.3
-4.8
-3.3
-1.7
1. The PCE
the sum of states equals national PCE less net expenditures abroad by
U.S. residents.
N o te . The experimental statistics are based on the national PCE statistics from the
national income and product accounts before the comprehensive revision that was
7. Bettina H. Aten, Eric B. Figueroa, and Troy M. M artin, “Research Spot released on July 31,2013.
light: Regional Price Parities by Expenditure Class, 20 0 5 -2 009,” Survey o f
Source. Authors’ calculations.
C urrent Business (M ay 2011): 7 3 -8 7 .
August
2013
S u r v e y o f C u r r e n t B u s in e s s
113
Chart 2. Per Capita Personal Consumption Expenditures for Housing and Utilities in U.S. Dollars, 2011
Source: Authors’ calculations
Chart 3. Percent Change in Per Capita Personal Consumption Expenditures, 2008-2009
I - I -
to
-1.2%
-3.0%
to
-2.3%
I
Source: Authors' calculations
1.2% t o - 0 .2%
f ~ l -2.3%
|
F I
-4.8% t o -3.0%
□
-4.9% t o -4.8%
114
A First Look at Experimental PCE by State
methodology.
A longer term consideration is to increase the cate
gory detail when the underlying source data are of suf
ficient quality and there is sufficient interest. One area
where this is feasible is in the category of health ser
vices, which has the potential to complement the on
going work on health satellite accounts at BEA.
Another longer term consideration is the develop
ment of real PCE-by-state measures that account for
differences in prices both across states and over time.
This development would allow for comparisons in real
spending by category and provide a measure of well
being based on consumption quantities. In the recent
recession, real PCE-by-state statistics could show the
relationship between changes in state GDP growth and
changes in the real expenditures. For example, with de
tailed real state-level statistics, the decline in the price
of gasoline could be separated from the impact on con
sumption quantities of gasoline.
The development of state price indexes for the PCE-
August 2013
by-state statistics would draw heavily from much of the
groundwork that has been completed by the develop
ment of regional price parities (RPPs) and real per
sonal income. Real personal income statistics by state
were released for the first time as prototype estimates
earlier this year. This work has produced experimental
RPPs for spending categories that are similar to BEA’s
PCE categories. However, they differ by category defi
nition as well as by the weights assigned to the compo
nent categories. The RPP spending categories are based
on weights that correspond to the out-of-pocket
spending of BLS’s consumer price index and its con
sumer expenditure survey rather than PCE definitions.
In addition to creating PCE-category price indexes by
state from the RPP-based data, additional state-level
price indexes will also need to be developed for catego
ries of spending that are distinct from the consumer
expenditure survey, such as financial services that are
provided without payment, net insurance premiums,
and higher education.
D-1
August 2013
BEA Current and Historical Data
A selection of estimates from the national, industry, international, and regional accounts of the Bureau of Economic
Analysis (BEA) are presented in this section. BEA’s estimates are not copyrighted and may be reprinted without BEA’s
permission. Citing the S u r v e y o f C u r r e n t B u s in e s s and BEA as the source is appreciated.
More detailed estimates from BEA’s accounts are available on BEA’s Web site at www.bea.gov. These estimates are
available in a variety of formats. In addition, news releases, articles, and other information, including methodologies
and working papers, are available.
The tables present annual [A], quarterly [Q], and monthly [M] data.
National Data
A. Selected NIPA tables [A,Q]
1. Domestic product and income..............................D-2
2. Personal income and outlays.................................D-22
3. Government current receipts and expenditures ...D-27
4. Foreign transactions...............................................D-40
5. Saving and investment...........................................D-44
6. Income and employment by industry.................. D-51
7. Supplemental tables................................................D-52
G. Investment tab les [A]
G.l U.S. international investment position..............D-74
G.2 USDIA: Selected items..........................................D-75
G.3 Selected financial and operating data of foreign
affiliates of U.S. companies.............................D-76
G.4 FDIUS: Selected items...........................................D-77
G.5 Selected financial and operating data of U.S.
affiliates of foreign companies........................D-78
H. C harts
B. NIPA-related table
The United States in the international economy..... D-79
B.l Personal income and its disposition [A, M ]...... D-56
C. Historical measures [A, Q]
C.l GDP and other major NIPA aggregates............. D-57
D. Charts
Selected NIPA series...................................................D-61
Industry Data
E. Industry table
Regional Data
I. S tate and regional tables
1.1 Personal income [Q ]...............................................D-80
1.2 Personal income and per capita
personal income [A]............................................D-81
1.3 Disposable personal income and per capita
disposable personal income [A ]....................... D-82
1.4 Gross domestic product by state [A].................... D-83
E. 1 Value added by industry [A]................................D-67
International Data
F. Transactions table
F. 1 U.S. international transactions in goods
and services [A, M ]...........................................D—68
F.2 U.S. international transactions [A, Q]................ D-69
F.3 U.S. international transactions by area [Q]........ D-70
F.4 Private services transactions [A]..........................D-73
J . Local area tables
J. 1 Personal income and per capita personal income
by metropolitan area [A ]................................... D-84
J.2 Gross domestic product by metropolitan area
for industries [A]................................................. D-89
K. Charts
Selected regional estimates...........................................D-93
Appendixes
A. Additional information about the NIPA estim ates
Statistical conventions.................................................. D-95
Reconciliation table [A, Q ]..........................................D-96
B. S u ggested read in g................................................. D-97
D-2
August 2013
National Data
A. Selected NIPA Tables
The selected set o f NIPA tables presents the most recent estimates of gross domestic product (GDP) and its
components, which were released on July 31, 2013. These estimates include the advance estimates for the second
quarter of 2013 and the initial results of the comprehensive revision of the NIPAs. The comprehensive revision
incorporates the results of the 2007 benchmark input-output accounts that will be released in December 2013. It
also incorporates improvements to the definitions, classifications, and methodologies used in the accounts. As a
result o f the comprehensive revision, most of the estimates in the selected NIPA tables have been revised, and
some o f the table formats have been updated.
“Initial Results o f the 2013 Comprehensive Revision of the National Income and Product Accounts” is pre
sented in this issue. A more detailed article about the revision and an extensive set o f NIPA estimates will be pub
lished in the September issue. The estimates for all currently released NIPA series for 1929 forward are available
on BEA’s Web site at www.bea.gov.
The GDP news release is available on BEA’s Web site within minutes after the release. To receive an e-mail no
tification of the release, go to www.bea.gov and subscribe. The “Selected NIPA Tables” are available later that
day.
1. Domestic Product and Income
Table 1.1.1. Percent Change From Preceding Period
in Real Gross Domestic Product
Table 1.1.2. Contributions to Percent Change
in Real Gross Domestic Product
[Percent]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Gross domestic product........
Personal consumption
expenditures.................................
Goods..............................................
Durable goods............................
Nondurable goods.....................
S ervices..........................................
Gross private domestic
investment......................................
Fixed investment.............................
Nonresidential............................
Structures...............................
Equipment..............................
Intellectual property products
Residential..................................
Change in private inventories.......
Net exports of goods and services
E xports............................................
G oods..........................................
S ervices......................................
Im ports............................................
Goods..........................................
S ervices.....................................
1
1.8
2.8
2
2.5
3.4
1.9
2.2
3.3
7.7
1.4
2.1
/
4.9
8
6.2
IV
III
I
0.1
1.1
1.7
Percent change at annual rate:
1.9
1.7
3.7
10.5
1.8
3.4
6.5
1.8
1.6
1.6
1.7
0.7
0.6
0.6
2.3
3.7
5.8
2.7
1.5
Percentage points at annual rates:
2.9
1.7
3.7
8.3
6
9
10
11
12
13
14
15
16
17
18
19
20
21
6.6
9.5
8.3
7.3
12.7
7.6
3.4
12.9
-1 .6
4.7
4.5
6.9
5.3
6.5
2.7
0.3
5.9
-3.9
7.6
2.1
12.7
4.4
0.5
1.8
2.8
5.7
14.1
9.8
17.6
8.9
5.7
19.8
7.1
7.1
7.0
4.9
5.2
3.1
3.5
3.8
3.0
3.8
5.2
0.4
1.1
1.6
- 2.6
2.2
2.1
2.5
2.5
2.3
-3 .0
11.3
-3.1
-3.5
- 1.0
2.7
2.2
0.8
0.5
0.4
1.0
23
24
25
26
-3 .2
- 2.6
-2 .3
-3 .0
-3 .6
-1 .0
-1 .4
-3 .2
0.3
- 0.2
- 1.0
3.5
8.9
12.5
1.8
-0 .7
1.2
0.6
- 0.2
Addendum:
Gross domestic product, current
dollars..........................................
27
3.8
4.6
3.0
4.9
22
-2 .4
11.6
-6 .5
-13.9
- 21.6
2.8
-
2.0
0.9
4.7
-1.5
-4.6
-25.7
9.0
6.3
4.6
1.6
4.1
3.8
13.4
3.7
12.5
6.8
2.2
0.6
- 0.2
5.4
5.4
5.3
9.5
9.8
5.0
8.2
-1 .3
- 2.8
-4 .2
-8 .4
1.0
1.0
-3 .6
-1 .3
-0 .4
-1.5
-0.5
-3.2
0.3
1.6
2.8
2.4
-
2012
11.2
2012
II
2.8
Gross domestic product........
3
4
5
2011
II
1.2
Government consumption
expenditures and gross
investment......................................
Federal............................................
National defense........................
Nondefense................................
State and local................................
Seasonally adjusted at annual rates
Line
2013
Personal consumption
expenditures.................................
Goods..............................................
Durable goo ds...........................
Nondurable g oo d s .....................
Services...........................................
Gross private domestic
investment.....................................
Fixed investment............................
Nonresidential............................
Structures...............................
Equipment.............................
Intellectual property products
Residential..................................
Change in private inventories.......
2013
III
IV
I
II
1
1.8
2.8
1.2
2.8
0.1
1.1
1.7
2
1.74
0.76
0.46
0.30
0.98
1.52
0.77
0.56
1.28
0.50
1.13
0.85
0.74
0.22
0.28
0.78
1.15
0.84
0.59
0.25
0.31
1.54
0.85
0.43
0.43
0.69
1.22
0.79
0.48
0.31
0.43
2.00
0.71
-0.23
-0.57
-0.80
0.09
0.14
0.34
0.93
1.34
0.93
0.55
0.17
0.23
0.15
0.38
0.41
3
4
5
6
7
0.74
10
11
12
0.69
0.85
0.84
0.05
0.62
0.17
13
14
0.01
1.36
1.17
0.85
0.31
0.41
0.13
0.32
-0.16
0.20
0.10
0.89
0.63
0.27
-0.79
-0.70
-0.09
0.10
0.48
0.36
-0.68
-0.23
-0.13
- 0.10
-0.46
8
9
Net exports of goods and services
Exports............................................
Goods..........................................
Services......................................
Imports.............................................
Goods..........................................
Services......................................
15
16
17
18
19
20
21
Government consumption
expenditures and gross
investment.....................................
Federal.............................................
National defense........................
Nondefense................................
State and local................................
23
24
25
26
22
0.21
-0.23
0.68
0.53
0.18
0.29
0.07
0.15
-0.91
0.99
0.39
0.04
0.15
- 0.22
0.10
0.29
-0.36
1.63
1.13
0.44
0.47
0.11
0.35
0.60
0.21
0.50
-
-0.03
0.05
0.16
- 0.10
-0.08
-0.05
-0 .03
0.68
0.15
-0.28
0.43
0.53
0.50
0.03
-0.28
-0.18
-0.27
0.09
- 0.10
0.03
-0.13
-0.81
0.71
0.49
-0.38
-0.30
-0.07
0.10
0.51
0.48
0.03
-0.41
-0.35
-0.06
-0.20
- 0.12
-0.17
0.05
-0.08
0.05
- 0.02
-0.05
0.04
0.07
0.67
0.69
0.60
0.08
-1.31
-1.19
- 1.22
0.03
- 0.12
-0.82
- 0.68
-0.57
- 0.11
-0.14
-0.08
- 0.12
- 0.02
-0.09
0.04
0.12
- 0.02
0.22
-1.51
-1.29
- 0.22
August 2013
Su rv ey
of
D-3
C u r r e n t B u sin ess
Table 1.1.3. Real Gross Domestic Product, Quantity Indexes
Table 1.1.4. Price Indexes for Gross Domestic Product
[Index numbers, 2009=100]
[Index numbers, 2009=100]
Seasonally adjusted
Line
Gross domestic product
Personal consumption
expenditures........................
Goods.....................................
Durable goods...................
Nondurable goods............
S ervices.................................
Gross private domestic
investment.............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment.....................
Intellectual property
products....................
Residential.........................
Change in private inventories
Net exports of goods and
services.................................
Exports...
Goods.
Services............................
Im ports...
Goods.
S ervices.............................
Government consumption
expenditures and gross
investment............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
1
2011
2012
Seasonally adjusted
2012
2013
II
III
IV
Line
I
104.400
107.302
107.003
107.741
107.780
108.087
108.536
Gross domestic product
106.854
110.495
121.833
105.594
105.090
106.643
109.889
120.060
105.463
105.070
107.092
107.537
111.904
125.591
106.047
105.421
108.138
112.928
127.379
106.762
105.818
108.615
113.886
129.401
107.290
106.065
Personal consumption
expenditures........................
G oods.....................................
Durable g oo d s ...................
Nondurable goo ds ............
Services..................................
6
7
106.925
113.074
104.177
103.411
118.449
10
11
16
17
18
19
20
21
22
23
24
25
26
IV
I
II
105.008
104.751
105.345
105.640
105.994
106.192
2 104.086 106.009
105.750
106.366
96.791
111.127
105.450
106.193
106.718
96.246
111.964
105.939
106.622
106.900
95.746
112.522
106.493
106.909
106.641
95.487
112.264
107.060
106.918
105.737
95.015
101.482
101.679
101.897
103.703
99.940
101.820
102.045
102.157
103.856
100.300
102.196
102.386
102.350
104.164
100.673
102.726
102.967
102.692
105.189
100.601
103.174
103.429
102.911
106.434
100.483
1
3
4
5
6
106.666
96.467
111.765
105.689
7
100.364
101.646
130.012
119.914
120.717
100.282
142.609
131.521
119.467
119.318
93.090
143.175
134.380
121.301
120.663
94.639
144.612
97.964
109.962
110.581
109.326
107.854
110.072
111.476
111.617
116.635
112.648
120.123
113.712
123.958
119.367
122.470
112.939
118.239
121.176
105.934
123.590
127.100
116.297
120.860
123.750
108.779
123.738
127.480
115.949
121.207
124.154
108.873
123.851
128.000
115.199
121.358
124.282
109.139
124.196
127.038
118.321
120.398
123.170
108.855
123.781
126.126
118.961
120.584
123.098
110.197
125.414
127.794
120.519
123.362
126.009
112.402
Net exports of goods and
services.................................
E xports...
Goods.
Services..............................
Imports....
Goods.
Services..............................
20
21
94.021
95.947
91.618
103.902
92.751
Government consumption
expenditures and gross
investment............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
23
24
25
26
96.868
101.660
100.802
103.230
93.751
95.921
95.933
96.752
100.212 100.065
102.212
97.562
105.068
93.128
100.446
105.440
93.207
97.526
104.714
93.243
95.135
98.455
94.506
105.708
92.966
94.117
96.315
91.731
104.740
92.672
103.203
105.345
97.649
109.128
103.463
130.795
116.675
117.938
96.299
139.602
1h
2013
III
128.745
115.904
117.847
94.922
140.999
110.225
85.360
130.639
12 106.388
13
14
Gross private domestic
investment............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment.....................
Intellectual property
products.....................
Residential.........................
Change in private inventories
2012
II
129.705
116.766
118.263
96.212
140.604
8 107.844
9
110.888
122.484
105.877
105.252
2012
II
2 104.555
3
4
5
2011
8 100.506 101.852
9
10
11
100.524
101.748
98.928
101.977
103.732
100.187
12 101.789 103.169
101.246
103.304
100.664
103.486
101.505
103.325
102.500
103.816
104.088
103.859
105.546
111.140
113.012
107.039
114.273
116.178
105.713
112.185
113.507
109.312
114.862
116.855
105.895
112.127
113.423
109.313
115.038
117.084
105.823
112.114
113.414
109.293
113.570
115.316
105.740
112.543
113.731
109.974
114.725
116.592
106.336
112.944
114.060
110.531
114.873
116.779
106.309
112.128
112.863
110.543
113.453
115.079
106.160
22 105.560 106.882 106.771
106.850
106.224
106.322
106.065
107.288
107.209
106.370
106.542
106.081
107.798
107.454
107.007
107.283
106.549
107.775
107.481
107.207
107.466
106.779
107.684
1S
16
17
18
19
105.344
105.191
105.624
105.710
106.184
106.252
106.077
107.371
106.182
106.229
106.112
107.183
Table 1.1.6. Real Gross Domestic Product, Chained Dollars
[Billions of dollars]
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
2011
2012
2012
II
Gross domestic product
Personal consumption
expenditures........................
G oods.....................................
Durable g oods...................
Nondurable goods............
S ervices.................................
Gross private domestic
investment.............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment.....................
Intellectual property
products....................
Residential.........................
Change in private inventories
Net exports of goods and
services.................................
Exports...................................
Goods.................................
S ervices............................
Im ports...................................
Goods.................................
Services.............................
Government consumption
expenditures and gross
investment............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
III
Seasonally adjusted at annual rates
Line
2013
IV
I
1 15,533.8 16,244.6 16,160.4 16,356.0 16,420.3 16,535.3 16,633.4
Gross domestic product
Personal consumption
expenditures........................
G oods.....................................
Durable g oo d s...................
Nondurable g oo d s ............
Services..................................
3,769.7
1,202.7
2,567.0
7,379.9
3,738.4
1,189.3
2,549.2
7,361.8
3,784.9
1,206.5
2,578.4
7,408.7
3,826.1
1,230.7
2,595.4
7,459.4
3,851.8
1,244.8
2,607.0
7,527.4
3,851.6
1,258.3
2,593.2
7,578.7
2,232.1
2,195.6
1,809.9
380.6
832.7
2,475.2
2,409.1
1,970.0
437.3
907.6
2,454.0
2,387.1
1,961.4
431.3
907.9
2,493.3
2,411.7
1,968.0
438.3
902.2
2,499.9
2,486.9
2,018.2
457.8
925.0
2,555.1
2,491.7
2,001.4
429.1
928.0
2,620.0
2,541.3
2,028.3
441.4
936.2
596.6
385.8
36.4
625.0
439.2
622.2
425.7
66.1
66.8
627.5
443.7
81.6
635.4
468.8
13.0
644.3
490.3
63.4
650.6
513.0
78.7
Gross private domestic
investment............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment.....................
Intellectual property
products.....................
Residential.........................
Change in private inventories
1b
-568.7
16
17
18
19
2,101.2
1,473.6
627.6
2,669.9
2,234.6
435.3
-547.2
2,195.9
1,536.0
659.9
2,743.1
2,295.4
447.7
-557.9
2,197.4
1,539.5
657.9
2,755.3
2,307.4
447.8
-524.4
2,199.2
1,545.6
653.6
2,723.5
2,275.0
448.6
-515.8
2,213.7
1,538.3
675.5
2,729.5
2,279.6
449.9
-523.1
2,214.2
1,531.6
682.6
2,737.3
2,281.9
455.3
-538.5
2,227.2
1,535.6
691.6
2,765.7
2,301.9
463.8
Net exports of goods and
services.................................
E xports...................................
Goods.................................
Services..............................
Imports....................................
Goods.................................
Services..............................
3,158.7
1,304.1
835.8
468.2
1,854.7
3,167.0
1,295.7
817.1
478.6
1,871.3
3,164.1
1,293.8
816.7
477.1
1,870.3
3,193.5
1,322.1
841.9
480.2
1,871.4
3,150.7
1,275.2
793.7
481.5
1,875.4
3,124.1
1,255.0
775.8
479.2
1,869.1
3,121.6
1,252.5
776.1
476.4
1,869.1
6
8
9
10
11
12
13
14
20
21
22
23
24
25
26
2012
2012
II
3,602.7
1,129.9
2,472.8
7,109.1
7
2011
II
2 10,711.8 11,149.6 11,100.2 11,193.6 11,285.5 11,379.2 11,430.3
3
4
5
107.539
100.392
13
14
Table 1.1.5. Gross Domestic Product
Line
111.122
Government consumption
expenditures and gross
investment............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
Residual......................................
III
2013
IV
I
II
1 15,052.4 15,470.7 15,427.7 15,534.0 15,539.6 15,583.9 15,648.7
2 10,291.3 10,517.6 10,496.8 10,541.0 10,584.8 10,644.0 10,690.9
3
4
5
6
7
8
9
10
11
12
13
14
1b
16
17
18
19
20
21
22
23
24
25
26
27
3,419.9
1,157.1
2,266.0
6,871.1
3,534.1
1,246.7
2,296.8
6,982.7
3,514.7
1,228.6
2,293.9
6,981.4
3,546.7
1,253.4
2,303.0
6,993.4
3,579.2
1,285.2
2,306.7
7,004.7
3,611.9
1,303.5
2,322.2
7,031.1
3,642.6
1,324.2
2,333.7
7,047.5
2,224.6
2,184.6
1,800.5
374.1
841.7
2,436.0
2,365.3
1,931.8
421.6
905.9
2,418.0
2,347.9
1,925.0
416.0
908.5
2,456.5
2,363.5
1,926.4
422.0
899.5
2,441.8
2,429.1
1,971.9
439.4
918.8
2,470.1
2,420.0
1,949.0
407.9
922.5
2,523.8
2,457.2
1,971.0
414.7
931.7
586.1
384.3
33.6
605.8
433.7
57.6
602.3
423.0
56.8
606.4
437.3
77.2
614.9
457.5
7.3
620.6
471.2
42.2
626.5
486.2
56.7
-445.9
1,890.5
1,303.9
586.3
2,336.4
1,923.4
411.8
-430.8
1,957.4
1,353.2
603.7
2,388.2
1,964.3
422.8
-435.3
1,959.8
1,357.3
601.9
2,395.1
1,970.7
423.2
-436.5
1,961.6
1,362.8
598.0
2,398.0
1,972.7
424.2
-412.1
1,967.0
1,352.6
614.2
2,379.1
1,955.1
423.1
-422.3
1,960.5
1,342.8
617.5
2,382.7
1,954.0
428.3
-451.3
1,986.3
1,360.6
625.6
2,437.6
2,000.2
436.9
2,992.3
1,237.9
794.6
443.3
1,754.5
-9 .0
2,963.1
1,220.3
769.1
451.2
1,742.8
-13.0
2,963.5
1,218.5
768.8
449.7
1,745.0
- 11.6
2,988.8
1,244.6
791.8
452.8
1,744.3
- 11.0
2,938.8
1,198.9
745.0
453.9
1,739.8
- 22.2
2,907.4
1,172.8
723.1
449.8
1,734.3
-22.5
2,904.4
1,168.3
722.2
446.2
1,735.7
-25.7
N ote . Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses
weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is
the difference between the first line and the sum of the most detailed lines.
National Data
D-4
Table 1.1.7. Percent Change From Preceding Period
in Prices for Gross Domestic Product
August 2013
Table 1.1.8. Contributions to Percent Change
in the Gross Domestic Product Price Index
[Percent]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Gross domestic product
Personal consumption
expenditures........................
Goods.....................................
Durable goods...................
Nondurable goods............
Services.................................
Gross private domestic
investment............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment.....................
Intellectual property
products....................
Residential.........................
Change in private inventories
Net exports of goods and
services.................................
Exports...................................
Goods.................................
Services............................
Imports...................................
Goods.................................
Services.............................
Government consumption
expenditures and gross
investment............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
1
1.7
2.0
2
2.4
3.6
1.8
1.3
III
2013
IV
2.3
1.1
1.3
0.7
1.1
1.7
1.3
- 2.2
3.0
1.9
1.6
0.7
- 2.1
1.1
- 1.0
- 1.1
-0.9
0.0
-3.3
- 2.0
-4 .0
2.1
1.8
1.8
5,9
2.4
1.8
2.2
7
1.3
1.3
1.4
1.9
1.3
1.6
1.5
1.5
1.9
0.4
1.3
1.4
1.5
1.3
10
11
1.3
1.3
1.5
2.9
0.9
1.0
0.6
0.8
1.2
1.4
1.5
2.1
2.3
1.3
4.0
-0 .3
12
1.2
13
14
0.7
1.4
0.9
2.9
1.4
0.7
3.4
- 0.6
4.0
1.9
6.3
8
9
1.0
-
1.2
IS
16
17
18
19
6.4
7.6
3.8
7.8
0.9
0.4
20
21
8.8
2.8
22
2.8
2.7
23
24
25
26
-
0.6
0.0
0.0
- 0.1
1.5
1.4
1.1
1.2
2.0
0.6
0.2
- 0.1
2.4
-3 .7
-4.5
0.5
-5.0
-5.9
-0 .3
2.5
4.1
4.5
2.3
1.3
0.3
0.3
1.4
0.8
1.0
0.2
0.4
- 0.2
0.4
0.6
0.8
0.1
2.1
0.5
2.5
2.9
0.4
1.6
0.8
1.2
0.2
- 0.1
2.8
2.0
2.1
Addenda:
Gross national product.........
27
2.0
1.7
1.7
Implicit price deflators:
Gross domestic product1
Gross national product1
28
29
2.0
2.0
1.7
1.7
1.8
1.8
2011
2012
1.8
0.9
4.8
-0.5
0.2
5.7
-2.9
^ 1.1
0.0
-4.9
-5 .7
- 0.6
0.5
0.6
- 0.1
0.9
2.4
1.9
2.8
1.8
- 0.1
2.3
1.1
1.3
2.1
2.1
1.4
1.4
1.7
1.7
2012
II
1.8
6
-
Line
II
I
1.2
1.2
1.1
2.2
3
4
5
Seasonally adjusted at annual rates
0.1
0.7
0.7
0.9
-0 .3
0.7
III
2013
IV
I
II
Percent change at annual
rate:
Gross domestic product
1
2.0
1.7
1.8
2.3
1.1
1.3
0.7
2
1.64
0.83
-0.07
0.90
0.81
1.27
0.29
-0.09
0.38
0.98
0.75
-0.27
-0.09
-0.18
1.17
0.32
-0.16
0.48
1.02
0.86
1.11
0.16
-0.15
0.32
0.95
0.74
-0.23
-0.08
-0 .14
0.97
0.02
-0.79
-0.15
-0.64
0.82
0.19
0.19
0.17
0.05
0.07
0.22
0.19
0.22
0.22
0.21
0.20
0.02
0.08
0.09
0.03
0.08
0.32
0.34
0.16
0.27
0.27
0.19
0.05
0.13
10
11
0.18
0.19
0.17
0.07
0.05
12
0.05
0.05
0.11
13
14
0.02
0.02
- 0.01
0.00
0.04
- 0.01
0.03
0.09
-0.44
0.81
0.67
0.15
-1.25
-1.17
-0 .08
0.04
0.13
0.04
0.09
-0.09
-0.08
0.58
0.23
0.15
0.08
0.35
Percentage points at annual
rates:
Personal consumption
expenditures........................
G oods.....................................
Durable g oo d s...................
Nondurable g oo d s ............
Services..................................
Gross private domestic
investment............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment.....................
Intellectual property
products.....................
Residential.........................
Change in private inventories
Net exports of goods and
services.................................
E xports....
Goods...
Services
Imports.....
Goods...
Services
Government consumption
expenditures and gross
investment............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
3
4
5
6
7
8
9
15
16
17
18
19
20
21
22
23
24
25
26
0.02
- 0.02
0.11
0.19
0.11
0.44
-0.39
-0.39
0.08
-0.09
-0.09
0.83
0.81
0.00
0.02
0.02
0.06
0.03
0.00
0.18
0.18
0.13
0.05
0.22
- 0.01
-0.04
0.87
-0.47
0.10
0.00
0.00
0.00
0.21
0.10
0.10
0.64
0.87
0.00
0.66
- 0.01
0.86
0.01
-0.67
-0.61
-0.06
0.25
0.07
0.05
0.06
0.07
0.06
0.06
0.01
0.01
0.18
- 0.01
0.05
-0.03
0.01
0.11
0.02
0.01
0.02
- 0.01
0.10
0.12
0.07
0.18
-0.03
- 0.02
0.73
0.08
- 0.01
0.11
- 0.02
0.26
0.04
0.04
0.17
0.00
0.00
0.02
1. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.1.9.
Table 1.1.9. Implicit Price Deflators for Gross Domestic Product
Table 1.1.10. Percentage Shares of Gross Domestic Product
[Index numbers, 2009=100]
[Percent]
2012
Seasonally adjusted
Line
Line
Gross domestic product
Personal consumption
expenditures........................
Goods.....................................
Durable goods...................
Nondurable goods............
S ervices.................................
Gross private domestic
investment.............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment.....................
Intellectual property
products....................
Residential.........................
Change in private inventories
2011
2012
1 103.199 105.002
2 104.086
3
4
5
6
7
105.345
97.649
109.128
103.463
100.336
8 100.506
9
10
11
100.524
101.748
98.928
12 101.788
13
14
100.392
106.009
106.666
96.467
111.765
105.689
101.608
101.852
101.977
103.732
100.187
103.167
101.246
2012
II
III
IV
I
II
104.750
105.292
105.667
106.105
106.293
105.748
106.365
96.801
111.125
105.449
101.488
101.672
101.892
103.690
99.937
103.301
100.635
106.191
106.717
96.258
111.962
105.938
101.498
102.039
102.156
103.859
100.299
103.484
101.471
106.620
106.900
95.758
112.520
106.491
102.382
102.382
102.349
104.175
100.673
103.322
102.463
106.907
106.640
95.500
112.262
107.059
103.442
102.962
102.691
105.200
100.601
103.813
104.050
106.916
105.737
95.028
111.120
107.537
103.810
103.424
102.910
106.445
100.483
103.856
105.507
Net exports of goods and
1^
Exports...................................
Goods.................................
Services.............................
Im ports...................................
Goods.................................
Services.............................
Government consumption
expenditures and gross
investment............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
Addendum:
Gross national product.........
16
17
18
19
20
21
111.140
113.013
107.039
114.273
116.178
105.713
’112.185
113.508
109.312
114.862
116.855
105.895
112.126
113.424
109.309
115.039
117.086
105.823
22 105.560 106.882 106.771
112.113
113.413
109.290
113.574
115.321
105.740
2011
112.543
113.730
109.972
114.730
116.598
106.336
112.943
114.059
110.529
114.879
116.785
106.308
23
24
25
26
105.344
105.191
105.624
105.710
106.184
106.252
106.077
107.371
106.183
106.230
106.113
107.184
106.850
106.225
106.324
106.063
107.288
107.209
106.370
106.545
106.078
107.797
107.454
107.006
107.286
106.546
107.775
27
103.322
105.126
104.873
105.413
105.788
106.225
112.128
112.862
110.541
113.458
115.085
106.159
107.481
107.207
107.469
106.776
107.684
Gross domestic product
Personal consumption
expenditures........................
G oods.....................................
Durable g oo d s...................
Nondurable g oo d s ............
Services..................................
Gross private domestic
investment............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment.....................
Intellectual property
products.....................
Residential.........................
Change in private inventories
Net exports of goods and
services.................................
E xports...................................
Goods.................................
Services..............................
Imports....................................
Goods.................................
Services..............................
Government consumption
expenditures and gross
investment............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
2013
2012
2013
II
III
IV
I
II
1
100.0
100.0
100.0
100.0
100.0
100.0
100.0
2
69.0
23.2
7.3
15.9
45.8
68.6
23.2
7.4
15.8
45.4
68.7
23.1
7.4
15.8
45.6
68.4
23.1
7.4
15.8
45.3
68.7
23.3
7.5
15.8
45.4
68.8
23.3
7.5
15.8
45.5
68.7
23.2
7.6
15.6
45.6
14.4
14.1
11.7
2.5
5.4
15.2
14.8
15.2
14.8
15.2
14.7
15.5
15.1
15.8
15.3
12.1
12.1
12.0
15.2
15.1
12.3
2.7
5.6
2.7
5.5
2.8
12.1
2.6
12.2
2.7
5.6
5.6
5.6
2.7
5.6
3.8
2.5
3.8
2.7
0.4
3.9
2.6
3.8
2.7
0.5
3.9
2.9
0.2
0.1
3.9
3.0
0.4
3.9
3.1
0.5
-3 .7
13.5
9.5
4.0
17.2
14.4
-3.4
13.5
9.5
4.1
16.9
14.1
-3.5
13.6
9.5
4.1
17.0
14.3
-3.2
13.4
9.2
4.2
16.6
13.8
2.8
2.8
-3.1
13.5
9.4
4.1
16.6
13.9
2.7
-3.2
13.4
9.3
4.1
16.6
13.8
2.8
-3 .2
13.4
9.4
4.0
16.7
13.9
2.7
2.8
2.8
20.3
8.4
5.4
3.0
11.9
19.5
19.6
19.5
8.0
8.0
8.1
5.0
2.9
11.5
5.1
3.0
5.1
2.9
11.4
18.9
7.6
4.7
2.9
11.3
18.8
7.5
4.7
2.9
11.6
19.2
7.8
4.8
2.9
11.4
3
4
5
6
7
8
9
10
11
12
13
14
1b
16
17
18
19
20
21
22
23
24
25
26
0.4
11.2
August 2013
S urvey
D-5
C u r r e n t B u sin ess
of
Table 1.1.11. Real Gross Domestic Product: Percent Change From Quarter One Year Ago
[Percent]
2012
2013
Line
II
Gross domestic product......................................................................................................
Personal consumption expenditures
Goods......................................
Durable goods....................
Nondurable goods.............
S ervices........................................................................................................................................
Gross private domestic investment
Fixed investment....................
Nonresidential....................
Structures.......................
Equipment............................................................................................................................
Intellectual property products
Residential.........................
Change in private inventories
Net exports of goods and services
Exports..........................................................................................................................................
Goods
Services
Imports
Goods
Services...................................................................................................................................
IV
III
1
2
3
4
5
2.0
1.3
1.4
2.3
3.2
7.8
2.2
3.9
8.6
2.0
3.5
7.8
1.2
1.7
1.4
1.9
3.3
6.9
1.7
1.3
1.1
1.8
3.6
7.8
1.7
0.9
3.1
1.7
4.3
2.4
-0 .3
2.9
3.5
12.9
1.9
7
10.1
9.5
9.0
13.9
10.9
3.5
11.2
6.5
5.0
8.5
4.8
11.6
13.6
9
10
11
12
13
14
15
16
17
18
19
Government consumption expenditures and gross investment.......................................
Federal..........................................................................................................................................
National defense.....................................................................................................................
Nondefense..............................................................................................................................
State and lo ca l.............................................................................................................................
23
24
25
26
Addenda:
Final sales of domestic product.................................................................................................
Gross domestic purchases.........................................................................................................
Final sales to domestic purchasers
Gross domestic income.........
Gross national product..........
Real disposable personal income
27
28
29
30
31
32
Price indexes (Chain-type):
Gross domestic purchases.....................................................................................................
Gross domestic purchases excluding food and energy 1..................................................
Gross domestic product.........................................................................................................
Gross domestic product excluding food and energy 1.......................................................
Personal consumption expenditures....................................................................................
Personal consumption expenditures excluding food and energy 1...................................
Market-based PCE 2..............................................................................................................
Market-based PCE excluding food and e nergy 2...............................................................
33
34
3b
36
37
38
39
40
1.6
6.8
5.0
9.3
4.5
2.9
15.5
2.8
2.8
4.4
5.1
2.9
3.4
3.4
3.9
20
21
22
II
3.1
6
8
I
2.8
0.1
0.0
2.6
1.2
0.5
0.2
0.7
-1 .7
5.1
- 0.2
-1.1
-2 .3
-5 .0
2.5
2.6
2.5
3.1
2.4
2.4
2.0
2.8
1.8
2.9
1.3
1.5
-1 .3
-2 .3
^ .0
0.8
- 0.6
2.7
2.7
1.6
1.7
1.7
1.7
1.9
1.7
1.9
2.6
4.0
14.9
1.0
0.2
2.8
0.1
- 0.2
1.8
2.4
1.4
4.7
4.0
- 0.2
2.4
4.4
4.7
2.4
-0 .3
2.6
-0 .3
1.6
2.1
2.6
1.8
1.4
0.2
3.9
1.8
1.5
3.2
-1 .8
-3 .8
- 6.2
0.3
-0 .5
-2 .0
1.7
1.5
1.5
1.5
^.1
- 6.1
- 0.8
-0 .5
1.2
1.5
1.8
1.2
3.6
0.3
0.7
1.4
1.5
1.5
1.5
1.3
1.3
1.1
1.2
1.6
1.8
1.6
1.6
1.4
1.4
1.5
1.6
1.8
1.5
1.4
1.5
1.3
1.4
1.7
1.7
1.5
1.5
1.5
1.7
1.1
1.2
1.0
1.1
1. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services.
2. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
N ote . Percent changes for real estimates are calculated from corresponding quantity indexes presented in NIPA tables 1.1.3,1.2.3,1.4.3, and 1.7.3. Percent changes in price estimates are calculated from corre
sponding price indexes presented in NIPA tables 1.1.4,1.6.4, and 2.3.4.
Table 1.2.1. Percent Change From Preceding Period in Real Gross Domestic Product by Major Type of Product
[Percent]
Seasonally adjusted at annual rates
Line
2011
2012
2012
III
II
Gross domestic product..............
Final sales of domestic p roduct.
Change in private inventories....
1
2
2013
IV
I
II
1.8
2.8
1.2
2.8
0.1
1.1
2.0
2.6
2.2
2.2
2.2
0.2
1.7
1.3
4
5
R
7
4.3
4.9
5.1
4.5
0.6
3.8
4.8
2.9
-1 .2
5.6
5.5
2.3
2.9
1.5
6.6
1.9
1.9
4.3
3.4
0.7
3.3
3.3
6.4
5.3
4.7
0.6
8
1.5
3.1
4.9
4.3
-0.9
6.4
5.4
11.7
2.2
-3.3
4.5
1.1
2.4
0.7
3
Goods.........................................
Final sales..........................
Change in private inventories.........
Durable goods........................
Final sales.........................................
Change in private inventories ' ......
Nondurable goods.................
Final sales.........................................
Change in private inventories 1......
10
11
1?
Services 2.................................................
13
1.1
1.2
1.1
1.6
-0.6
0.3
0.4
Structures................................................
14
-1.7
7.3
4.5
4.7
12.7
-9.2
7.9
15
16
17
18
19
10.1
6.3
0.2
-
1.1
2.9
0.9
2.8
0.2
50.3
9.2
0.9
17.5
10.4
1.4
19.3
20
21
22
1.3
1.9
4.0
13.2
2.5
12.9
2.7
2.5
-0 .3
2.9
4.4
Addenda:
Motor vehicle output..................................................................................................................
Gross domestic product excluding motor vehicle output......................................................
Final sales of com puters 3 .......................................................................................................
Gross domestic product excluding final sales of computers...............................................
Gross domestic purchases excluding final sales of computers to domestic purchasers..
Research and development.....................................................................................................
Gross domestic product excluding research and development...........................................
Final sales of domestic product, current dollars....................................................................
6.4
2.2
q
1.7
10.2
1.8
1.6
-21.7
1.3
-
2.8
0.0
1.1
1.6
1.1
2.2
2.9
1.7
-0 .9
0.4
1.4
- 0.2
2.4
3.3
1.3
3.9
2.8
0.1
4.6
3.3
1.2
1.6
1.6
2.0
1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American
Industry Classification System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
D-6
National Data
August 2013
Table 1.2.3. Real Gross Domestic Product
by Major Type of Product, Quantity Indexes
Table 1.2.2. Contributions to Percent Change
in Real Gross Domestic Product by Major Type of Product
[Index numbers, 2009=100]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Seasonally adjusted
III
IV
I
Gross domestic product........
1.8
2.8
1.2
2.8
0.1
1.1
1.7
2
2.01
2.58
2.11
2.14
0.21
3
-0.16
0.20
-0.91
2.19
0.60
- 2.00
0.93
1.26
0.41
4
5
1.26
1.42
-0.16
1.07
1.03
0.04
1.53
1.33
0.22
1.12
0.20
0.12
0.01
0.20
0.64
0.56
0.08
-0.09
0.83
-0.92
0.60
0.72
0.56
0.16
0.74
0.30
0.44
1.63
0.70
0.93
0.89
0.77
-0.91
0.31
0.30
-0.36
1.64
- 2.00
0.09
1.03
-0.94
-0.45
0.61
-1.05
0.54
-0.42
1.51
0.15
1.35
0.70
0.76
0.69
1.00
-0.35
0.12
0.49
0.30
0.32
0.85
10
11
12
Services 2...........................................
13
S tructures..........................................
14
Addenda:
Motor vehicle output......................
Gross domestic product excluding
motor vehicle output..................
Final sales of computers 3............
Gross domestic product excluding
final sales of computers............
Research and development..........
Gross domestic product excluding
research and development
6
7
8
9
0.20
0.40
-
1.46
0.86
I
II
2 103.082 105.751 105.460 106.038 106.610 106.666 107.000
3
4 113.247 119.044 118.485 119.877 119.520 121.121 121.988
5 108.342 113.216 112.692 113.495 115.042 115.700 116.143
0.10
Services 2 ...........................................
13 102.244 103.463 103.364 103.778 103.634 103.723 103.822
0.23
Structures...........................................
14
0.21
0.24
-0.70
0.55
Addenda:
Motor vehicle o utp ut......................
Gross domestic product excluding
motor vehicle output.................
Final sales of computers 3............
Gross domestic product excluding
final sales of computers............
Gross domestic purchases
excluding final sales of
computers to domestic
purchasers..................................
Research and development..........
Gross domestic product excluding
research and development
0.12
0.23
0.32
0.17
0.01
-0.07
0.24
0.27
1.62
0.04
2.46
0.05
1.04
2.78
0.22
- 0.11
0.00
0.16
0.91
0.07
1.40
0.07
18
19
1.81
0.04
1.31
-0.06
2.78
0.04
0.02
0.01
1.08
0.01
0.00
1.60
0.08
20
1.81
2.79
1.26
2.74
0.13
1.15
1.59
-
IV
1 104.400 107.302 107.003 107.741 107.780 108.087 108.536
Gross domestic product........
Final sales of domestic
product................................
Change in private inventories
10 106.969 112.182 111.618 '113.087 112.137 115.277 115.969
11 105.657 110.150 109.963 110.564 111.792 112.105 112.309
12
0.88
0.47
0.41
0.55
0.37
0.18
0.33
15
2.73
III
2013
G oods.................................................
Final sales...................................
Change in private inventories...
Durable goo ds................................
Final sales...................................
Change in private inventories 1
Nondurable goo ds.........................
Final sales...................................
Change in private inventories 1
16
17
-
2012
II
1
G oods.................................................
Final sales..................................
Change in private inventories...
Durable goods................................
Final sa les..................................
Change in private inventories 1
Nondurable goods.........................
Final sa les..................................
Change in private inventories 1
2012
II
Percent change at annual rate:
Percentage points at annual rates:
Final sales of domestic
product...............................
Change in private inventories
2011
Line
2013
1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
6
7 118.549 124.849 124.292 125.614 125.788 126.014 127.033
8 110.537 115.729 114.919 115.895 117.715 118.669 119.315
q
90.647
97.238
96.212
97.313 100.256
97.863
99.736
15 143.428 162.380 163.240 163.327 162.190 165.810 169.977
16 103.707 106.319 105.999 106.749 106.809 107.057 107.439
17 105.257 118.857 113.872 114.126 126.373 131.570 137.501
18 104.400 107.260 106.979 107.718 107.713 108.003 108.433
19 104.553 107.203 106.954 107.722 107.486 107.871
108.525
20 103.275 102.944 102.554 102.990 103.103 103.064 103.894
21 104.431 107.421 107.125 107.870 107.908 108.225 108.663
1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
Table 1.2.5. Gross Domestic Product by Major Type of Product
[Billions of dollars]
Seasonally adjusted at annual rates
Table 1.2.4. Price Indexes for Gross Domestic Product
by Major Type of Product
Line
2011
2012
[Index numbers, 2009=100]
Seasonally adjusted
Line
2011
2012
2012
II
Gross domestic product........
Final sales of domestic
product...............................
Change in private inventories
III
2013
IV
I
II
1 103.203 105.008 104.751 105.345 105.640 105.994 106.192
2 103.217 105.033 104.774 105.374 105.663 106.024 106.224
3
4 101.212 102.471 102.118 103.170 102.929 102.798 102.475
5 101.271 102.561 102.199 103.277 103.011 102.902 102.576
G oods.................................................
Final sales..................................
Change in private inventories...
Durable goods................................
Final sales..................................
Change in private inventories 1
Nondurable goods.........................
Final sa le s ..................................
Change in private inventories 1
10 103.461 105.859 104.852 107.372 107.079 106.657 105.824
11 103.499 105.941 104.933 107.477 107.133 106.763 105.928
1?
Services 2...........................................
13 104.284 106.333 106.127 106.497 107.027 107.530 107.877
Structures..........................................
Addenda:
Motor vehicle output......................
Gross domestic product excluding
motor vehicle output..................
Final sales of computers 3............
Gross domestic product excluding
final sales of computers............
Implicit price deflator for final sales
of domestic product...................
Research and development..........
Gross domestic product excluding
research and development
fi
7
8
99.453
99.525
2012
II
99.860 99.995 99.948
99.932 100.066 100.019
99.746
99.815
99.834
99.903
99.898
99.963
q
14 101.862 103.903 103.622 104.149 104.766 105.946 107.172
15 106.765 108.896 108.985 109.030 109.248 109.475 110.173
16 103.131 104.928 104.661 105.270 105.568 105.924 106.110
17 83.430 77.703 79.096 76.888 74.469 72.856 70.960
18 103.299 105.145 104.879 105.488 105.799 106.164 106.376
19 103.217 105.033 104.771 105.371 105.660 106.021
106.221
20 105.531 108.260 108.337 108.877 108.846 109.610 109.542
Gross domestic product...
Final sales of domestic
product..........................
Change in private
inventories....................
III
2013
IV
I
II
1 15,533.8 16,244.6 16,160.4 16,356.0 16,420.3 16,535.3 16,633.4
2 15,497.4 16,178.5 16,093.6 16,274.4 16,407.3 16,471.9 16,554.7
3
36.4
66.1
66.8
81.6
13.0
63.4
78.7
4
5
4,652.8
4,616.4
4,951.6
4,885.5
4,912.3
4,845.5
5,013.1
4,931.5
4,998.8
4,985.8
5,072.4
5,009.0
5,090.9
5,012.3
6
36.4
2,613.7
G oods............................................
Final sales..............................
Change in private
inventories........................
Durable g oo d s ..........................
Final sales..............................
Change in private
inventories 1......................
Nondurable g oo d s ....................
Final sales..............................
Change in private
inventories 1......................
12
Services 2.....................................
13
9,827.5 10,140.1 10,110.7 10,186.6 10,223.1 10,279.9 10,322.9
Structures.....................................
14
1,053.6
1,152.9
1,137.5
1,156.4
1,198.4
1,183.0
1,219.6
15
377.7
436.1
438.8
439.2
437.0
447.8
462.0
Addenda:
Motor vehicle output................
Gross domestic product
excluding motor vehicle
output.....................................
Final sales of com puters 3.......
Gross domestic product
excluding final sales of
computers..............................
Research and development....
Gross domestic product
excluding research and
development.........................
7
8 2,567.5
9
46.2
10 2,039.1
11 2,048.9
-9 .8
66.1
66.8
2,763.7
2,699.1
2,754.9
2,683.8
81.6
2,783.1
2,705.3
13.0
2,781.5
2,742.2
63.4
2,788.9
2,766.9
78.7
2,813.1
2,783.6
64.6
2,187.9
2,186.5
71.1
2,157.4
2,161.7
77.8
2,230.0
2,226.2
39.3
2,217.3
2,243.7
22.0
2,283.6
2,242.2
29.5
2,277.8
2,228.7
1.5
-4.3
3.8
-26.3
41.4
49.2
16 15,156.2 15,808.5 15,721.7 15,916.9 15,983.3 16,087.5 16,171.4
17
63.7
66.9
65.3
63.6
68.3
69.5
70.8
18 15,470.2 16,177.6 16,095.1 16,292.4 16,352.1 16,465.8 16,562.6
19
408.5
417.7
416.4
420.3
420.6
423.4
426.6
20 15,125.4 15,826.9 15,744.0 15,935.8 15,999.7 16,111.9 16,206.8
21 103.141 104.922 104.656 105.252 105.556 105.899 106.104
1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard
1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
August 2013
Survey
of
D-7
C u r r e n t B u sin ess
Table 1.2.6. Real Gross Domestic Product by Major Type of Product, Chained Dollars
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
2011
Line
2012
2012
II
Gross domestic product.................................................................................................
Final sales of domestic product...................................................................................
Change in private inventories........................................................................................
Residual...........................................................................................................................
G oods.............................................
Final sales.............................
Change in private inventories............................................................................................
Durable goods...........................
Final sales............................................................................................................................
Change in private inventories 1.........................................................................................
Nondurable goods.....................
Final sales............................................................................................................................
Change in private inventories 1........................................................................................
1
2
3
4
2013
III
15,052.4
15,014.4
33.6
4.4
15,470.7
15,403.2
57.6
9.9
15,427.7
15,360.8
56.8
4,833.1
4,763.5
57.6
2,767.7
2,700.9
59.8
2,067.6
2,063.8
2.3
IV
I
II
10.1
15,534.0
15,444.9
77.2
11.9
15,539.6
15,528.3
7.3
4.0
15,583.9
15,536.4
42.2
5.3
15,648.7
15,585.1
56.7
6.9
4,810.4
4,741.5
56.8
2,755.3
2,682.0
65.8
2,057.2
2,060.3
-4.0
4,866.9
4,775.3
77.2
2,784.6
2,704.8
72.1
2,084.3
2,071.6
9.9
4,852.4
4,840.4
7.3
2,788.5
2,747.2
36.3
2,066.8
2,094.6
-24.5
4,917.4
4,868.1
42.2
2,793.5
2,769.5
20.4
2,124.7
2,100.5
13
4,597.7
4,558.4
33.6
2,628.0
2,579.7
42.9
1,971.5
1,979.6
-6.5
22.1
4,952.6
4,886.7
56.7
2,816.1
2,784.6
27.5
2,137.4
2,104.3
29.7
Services 2......................................
14
9,423.8
9,536.2
9,527.0
9,565.2
9,552.0
9,560.1
9,569.2
Structures.....................................
Residual.........................................
15
16
1,034.3
-1 .4
1,109.5
- 1.8
1,097.8
- 1.2
1,110.4
0.0
1,144.0
- 10.0
1,116.7
-5 .4
1,138.0
-4 .6
17
18
19
354.0
14,696.4
76.3
14,976.7
387.1
14,665.3
400.8
15,066.6
402.9
15,021.3
82.5
15,346.6
384.4
15,043.7
403.1
15,127.5
82.7
15,452.6
386.0
15,148.4
400.3
15,136.0
91.6
15,451.9
386.4
15,153.6
409.3
15,171.1
95.4
15,493.5
386.3
15,198.1
419.5
15,225.3
99.7
15,555.2
389.4
15,259.7
Addenda:
Motor vehicle output........................................................
Gross domestic product excluding motor vehicle output...................................................
Final sales of com puters 3.............................................
Gross domestic product excluding final sales of computers.............................................
Research and development...........................................
Gross domestic product excluding research and development........................................
5
6
7
8
9
10
11
12
20
21
22
86.2
15,386.9
385.8
15,085.2
1 . Estimates for durable goods and nondurable goods for 1 9 96 and earlier periods are based on the 19 87 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American
Industry Classification System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
N ote . Chained (2 0 0 9 ) dollar series are calculated as the product of the chain-type quantity index and the 20 0 9 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type
quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line following change in private inventories is the difference between gross
domestic product and the sum of final sales of domestic product and of change in private inventories; the residual line following structures is the difference between gross domestic product and the sum of the detailed
lines of goods, of services, and of structures.
Table 1.3.1. Percent Change From Preceding Period in Real Gross Value Added by Sector
[Percent]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Gross domestic product.................................................................................................
Business 1 ..................................................................................................................................
Nonfarm 2.................................................................................................................................
Farm..............................
Households and Institutions
Households..............................................................................................................................
Nonprofit institutions serving households 3.........................................................................
1
2
2013
IV
III
II
I
1.8
2.8
1.2
2.8
0.1
1.1
1.7
2.4
2.5
-5.1
3.6
3.7
1.6
0.2
0.7
-27.0
1.4
-0.3
179.6
2.3
1.1
5.1
3.6
4.1
-30.8
0.6
-0 .3
0.2
0.4
0.2
1.2
6
1.0
0.3
- 0.6
1.2
1.8
1.8
0.6
1.2
0.1
7
0.7
1.2
1.3
8
-0 .4
9
0.1
0.0
-0.3
- 0.8
- 0.1
0.6
- 0.6
-0.3
- 1.2
1.2
-0.4
- 0.6
-0.3
0.1
-0.1
-1.4
0.5
0.7
0.3
0.6
-
0.2
1.3
-0.3
3
4
5
General governm ent4 ...
Federal..........................
State and lo cal........................................................................................................................
10
1.0
- 1.0
Addendum:
Gross housing value added..................................................................................................
11
1.7
-
0.0
-
1.6
-
2.6
-14.2
-0.4
- 1.1
0.5
1. Equals gross domestic product excluding gross value added of households and institutions and of general government.
2. Equals gross domestic business value added excluding gross farm value added.
3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions.
4. Equals compensation of general government employees plus general government consumption of fixed capital.
D-8
National Data
August 2013
Table 1.3.3. Real Gross Value Added by Sector, Quantity Indexes
[Index numbers, 2009=100]
Seasonally adjusted
Line
2011
2012
2012
II
Gross domestic product..................................................................................................
Business 1 ...................................................................................................................................
Nonfarm 2..................................................................................................................................
Farm..........................................................................................................................................
1
2
3
4
2013
III
IV
I
II
104.400
107.302
107.003
107.741
107.780
108.087
108.536
105.613
105.738
96.373
109.449
109.652
95.296
109.065
109.156
101.852
110.021
110.271
92.889
110.086
110.455
85.858
110.463
110.382
111.020
111.097
111.103
106.858
101.857
100.801
103.309
102.471
100.531
105.134
102.423
100.515
105.045
102.514
100.546
105.218
102.564
100.393
105.545
102.876
100.689
105.878
102.766
100.404
106.007
Households and institutions...................................................................................................
Households..............................................................................................................................
Nonprofit institutions serving households 3..........................................................................
5
General governm ent4 ..............................................................................................................
Federal......................................................................................................................................
State and lo ca l.........................................................................................................................
8
10
100.241
104.444
98.291
100.233
104.379
98.309
100.161
104.448
98.173
100.321
104.295
98.477
100.209
104.126
98.392
100.124
103.807
98.415
100.099
103.444
98.547
Addendum:
Gross housing value a dd ed ...................................................................................................
11
103.159
103.919
103.883
104.029
103.969
104.314
104.237
6
7
9
1. Equals gross domestic product excluding gross value added of households and institutions and of general government.
2. Equals gross domestic business value added excluding gross farm value added.
3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions.
4. Equals compensation of general government employees plus general government consumption of fixed capital.
Table 1.3.4. Price Indexes for Gross Value Added by Sector
[Index numbers, 2009=100]
Seasonally adjusted
Line
2011
2012
2012
II
Gross domestic product..................................................................................................
Business 1 ...................................................................................................................................
Nonfarm 2..................................................................................................................................
Farm..........................................................................................................................................
1
2
3
4
Households and institutions...................................................................................................
Households..............................................................................................................................
Nonprofit institutions serving households 3..........................................................................
5
General governm ent4 ..............................................................................................................
8
6
7
2013
IV
I
II
103.203
105.008
104.751
105.345
105.640
105.994
106.192
103.294
102.755
156.875
105.159
104.608
159.982
104.881
104.399
152.189
105.591
105.015
162.598
105.803
105.146
172.290
106.170
105.384
186.517
106.325
105.635
177.584
101.168
100.923
101.505
103.290
102.881
103.846
102.934
102.670
103.298
103.466
103.110
103.952
104.191
103.604
104.983
104.622
104.175
105.228
105.112
104.732
105.631
105.841
105.770
105.881
105.810
105.732
105.852
105.770
105.819
105.751
106.130
105.958
106.218
106.321
106.687
106.147
106.485
107.031
106.223
103.232
102.972
103.485
104.067
104.672
105.265
State and lo cal.........................................................................................................................
10
104.716
105.161
104.502
Addendum:
Gross housing value add ed ...................................................................................................
11
101.037
9
III
1. Equals gross domestic product excluding gross value added of households and institutions and of general government.
2. Equals gross domestic business value added excluding gross farm value added.
3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions.
4. Equals compensation of general government employees plus general government consumption of fixed capital.
Table 1.3.5. Gross Value Added by Sector
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Gross domestic product..................................................................................................
1
2
Business 1 ...................................................................................................................................
Nonfarm 2..................................................................................................................................
Farm..........................................................................................................................................
3
4
Households and institutions...................................................................................................
Households..............................................................................................................................
Nonprofit institutions serving households 3..........................................................................
7
5
6
III
2013
IV
I
16,244.6
16,160.4
16,356.0
16,420.3
16,535.3
16,633.4
11,559.5
11,393.5
166.0
12,195.4
12,028.5
166.9
12,121.3
11,950.1
171.1
12,302.1
12,139.1
163.1
12,346.6
12,184.0
162.6
12,445.0
12,198.3
246.7
12,533.0
12,307.5
225.5
1,971.9
1,129.3
842.6
2,025.4
1,148.1
877.3
2,017.5
1,145.6
871.9
2,029.7
1,150.9
878.8
2,044.9
1,154.6
890.3
2,059.6
1,164.4
895.2
2,067.1
1,167.3
899.7
2,033.3
668.3
1,365.0
1,546.0
General governm ent4 ..............................................................................................................
8
2,023.7
666.4
1,357.3
2,024.2
2,028.8
666.6
666.2
666.0
10
2,002.4
663.0
1,339.4
2,021.7
State and lo cal.........................................................................................................................
1,355.1
1,358.0
1,362.8
2,030.7
668.5
1,362.2
Addendum:
Gross housing value add ed ...................................................................................................
11
1,468.6
1,511.6
1,507.2
1,516.9
1,524.5
1,538.5
9
II
15,533.8
1. Equals gross domestic product excluding gross value added of households and institutions and of general government.
2. Equals gross domestic business value added excluding gross farm value added.
3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions.
4. Equals compensation of general government employees plus general government consumption of fixed capital.
August 2013
Survey
of
D-9
C u r r e n t B usin ess
Table 1.3.6. Real Gross Value Added by Sector, Chained Dollars
Table 1.4.1. Percent Change From Preceding Period
in Real Gross Domestic Product, Real Gross Domestic Purchases,
and Real Final Sales to Domestic Purchasers
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
[Percent]
Line
2011
2012
2012
II
III
2013
IV
I
Seasonally adjusted at annual rates
II
Gross domestic product
1 15,052.4 15,470.7 15,427.7 15,534.0 15,539.6 15,583.9 15,648.7
Business 1.................................
Nonfarm 2...............................
Farm ........................................
2 11,191.5 11,598.0 11,557.3 11,658.6 11,665.5 11,705.5 11,772.7
Households and institutions
Households............................
Nonprofit institutions serving
households 3.....................
5
General governm ent4............
Federal...................................
State and local.......................
R esidual.....................................
Addendum:
Gross housing value added
3 11,088.7 11,499.1 11,447.0 11,564.0 11,583.3 11,575.6 11,651.3
4
105.8
104.6
111.8
102.0
121.9
117.3
94.3
6
1,949.1
1,119.0
1,960.9
1,116.0
1,960.0
1,115.8
1,961.7
1,116.1
1,962.7
1,114.4
1,968.6
1,117.7
1,966.5
1,114.6
7
830.1
844.8
844.1
845.5
848.1
850.8
851.8
Equals: Gross domestic purchases
Less: Change in private inventories....
8
10
11
1,912.2
630.5
1,281.7
-3 .4
1,912.1
630.1
1,281.9
-5.8
1,910.7
630.5
1,280.2
-1 .7
1,913.7
629.6
1,284.1
-7.3
1,911.6
628.5
1,283.0
- 12.0
1,910.0
626.6
1,283.3
8.0
1,909.5
624.4
1,285.0
4.3
12
1,453.5
1,464.2
1,463.7
1,465.8
1,464.9
1,469.8
1,468.7
1. Equals gross domestic product excluding gross value added of households and institutions and of general govern
ment.
2. Equals gross domestic business value added excluding gross farm value added.
3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and
used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by
nonprofit institutions.
4. Equals compensation of general government employees plus general government consumption of fixed capital.
N ote . Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses
weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is
the difference between the first line and the sum of the most detailed lines.
2012
2012
II
Gross domestic product...................
Less: Exports of goods and services
Plus: Imports of goods and services
9
2011
Line
Equals: Final sales to domestic
purchasers.......................................
Addenda:
Final sales of domestic product.....
Gross domestic purchases, current
dollars............................................
Final sales to domestic purchasers,
current dollars...............................
1
2
III
2013
IV
II
2.8
0.4
0.5
1.1
1.1
-1 .3
2.2
1.2
3.8
2.5
-3.1
0.6
1.7
5.4
9.5
2.6
1.1
2.7
-0 .5
1.4
2.4
1.8
2.4
2.0
2.2
1.4
0.5
2.0
7
2.0
2.6
2.2
2.2
2.2
0.2
1.3
8
4.0
4.3
2.1
3.9
1.3
2.9
2.7
9
4.2
4.1
3.0
3.6
3.0
1.7
2.3
2.8
3.5
3
1.8
7.1
4.9
4
1.7
6
0.1
I
Table 1.4.3. Real Gross Domestic Product, Real Gross Domestic Purchases,
and Real Final Sales to Domestic Purchasers, Quantity Indexes
Table 1.4.4. Price Indexes for Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers
[Index num bers, 2009=100]
[Index numbers, 2009=100]
Seasonally adjusted
Seasonally adjusted
2011
Line
2012
2012
II
III
Line
2013
IV
I
2012
III
II
2013
IV
II
I
1 103.203 105.008 104.751 105.345 105.640 105.994 106.192
2 111.140 112.185 112.127 112.114 112.543 112.944 112.128
3 118.239 120.860 121.207 121.358 120.398 120.584 123.362
4 104.666 107.374 107.118 107.841 107.702 108.073 108.722
<i
Equals: Gross domestic purchases
Less: Change in private inventories...
4 103.884 105.599 105.383 105.742 106.150 106.467 106.547
6 103.381 105.866 105.617 106.185 106.565 106.691 107.227
Equals: Final sales to domestic
purchasers......................................
1 104.400 107.302 107.003 107.741 107.780 108.087 108.536
2 119.367 123.590 123.738 123.851 124.196 123.781 125.414
Equals: Gross domestic purchases
Less: Change in private inventories...
Addendum:
Final sales of domestic product
2012
Gross domestic product..................
Less: Exports of goods and services
Plus: Imports of goods and services
Gross domestic product...................
Less: Exports of goods and services
Plus: Imports of goods and services
Equals: Final sales to domestic
purchasers......................................
2011
II
7 103.082 105.751 105.460 106.038 106.610 106.666 107.000
3 114.273 114.862 115.038 113.570 114.725 114.873 113.453
6 103.898 105.624 105.405 105.769 106.171 106.496 106.577
Addenda:
Final sales of domestic product....
Implicit price deflator for final sales
to domestic purchasers..............
7 103.217 105.033 104.774 105.374 105.663 106.024 106.224
8 103.898 105.624 105.403 105.767 106.170 106.494 106.575
Table 1.4.5. Relation of Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers
Table 1.4.6. Relation of Real Gross Domestic Product, Real Gross Domestic
Purchases, and Real Final Sales to Domestic Purchasers, Chained Dollars
[Billions of dollars]
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Gross domestic product........
Less: Exports of goods and
services..................................
Plus: Imports of goods and
services..................................
Equals: Gross domestic
purchases..............................
Less: Change in private
inventories..............................
Equals: Final sales to
domestic purchasers.........
Addendum:
Final sales of domestic
p roduct...............................
III
2013
IV
I
Line
3
2, 101.2
2,669.9
2,195.9
2,197.4
2,199.2
2,743.1
2,755.3
2,723.5
2012
2,213.7
2,214.2
2,227.2
2,729.5
2,737.3
2,765.7
2012
II
II
1 15,533.8 16,244.6 16,160.4 16,356.0 16,420.3 16,535.3 16,633.4
2
2011
Gross domestic product............
Less: Exports of goods and
services......................................
Plus: Imports of goods and
se rvices......................................
III
2013
IV
I
II
1 15,052.4 15,470.7 15,427.7 15,534.0 15,539.6 15,583.9 15,648.7
2 1,890.5
1,957.4
1,959.8
1,961.6
1,967.0
1,960.5
1,986.3
3
2,388.2
2,395.1
2,398.0
2,379.1
2,382.7
2,437.6
2,336.4
78.7
Equals: Gross domestic
purchases..................................
Less: Change in private
inventories..................................
6 16,066.2 16,725.7 16,651.4 16,798.8 16,923.1 16,995.0 17,093.2
Equals: Final sales to domestic
purchasers.................................
6 15,463.4 15,835.2 15,797.9 15,882.8 15,939.7 15,958.6 16,038.6
Addendum:
Final sales of domestic product
7 15,014.4 15,403.2 15,360.8 15,444.9 15,528.3 15,536.4 15,585.1
4 16,102.6 16,791.8 16,718.3 16,880.4 16,936.1 17,058.4 17,171.9
5
36.4
66.1
66.8
81.6
13.0
63.4
4 15,501.1 15,902.3 15,864.4 15,971.4 15,950.8 16,005.8 16,101.8
5
33.6
57.6
56.8
77.2
7.3
42.2
56.7
7 15,497.4 16,178.5 16,093.6 16,274.4 16,407.3 16,471.9 16,554.7
N ote . Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses
weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
D-10
National Data
Table 1.5.1. Percent Change From Preceding Period
in Real Gross Domestic Product, Expanded Detail
August 2013
Table 1.5.2. Contributions to Percent Change
in Real Gross Domestic Product, Expanded Detail
[Percent]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Gross dom estic p ro d u c t............
Personal co nsum ption expenditures
Goods..................................................
Durable goods................................
Motor vehicles and parts..........
Furnishings and durable
household equipment...........
Recreational goods and
vehicles..................................
Other durable goods..................
Nondurable goods.........................
Food and beverages purchased
for off-premises consumption
Clothing and footw ear..............
Gasoline and other energy
goo ds.....................................
Other nondurable goods...........
S ervices..............................................
Household consumption
expenditures (for services).......
Housing and utilities.................
H ealthcare.................................
Transportation services............
Recreation services...................
Food services and
accommodations...................
Financial services and
insurance................................
Other services...........................
Final consumption expenditures of
nonprofit institutions serving
households (NPISHs) 1............
Gross output of nonprofit
institutions 2 ..........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3 ..........
G ross private dom estic investm ent
Fixed investment.................................
Nonresidential................................
Structures...................................
Equipment..................................
Information processing
equipment.........................
Computers and peripheral
equipment.....................
O ther..................................
Industrial equipment.............
Transportation equipment....
Other equipm ent...................
Intellectual property products...
Software 4 ..............................
Research and developm ent 5
Entertainment, literary, and
artistic originals.................
Residential......................................
Change in private inventories...........
Farm ................................................
Nonfarm...........................................
Net e xports o f g oods and services...
Exports................................................
G oods..............................................
Services..........................................
Im ports................................................
Goods..............................................
Services..........................................
Government consum ption
expenditures and gross
investm ent..........................................
Federal................................................
National defense.............................
Consumption expenditures.......
Gross investment.......................
Nondefense....................................
Consumption expenditures.......
Gross investment.......................
State and local....................................
Consumption expenditures...........
Gross investment............................
1
2
3
4
5
1.8
2.8
2.5
3.4
2.2
3.3
7.7
7.2
6.6
4.9
III
Seasonally adjusted at annual rates
Line
2013
IV
I
2.8
0.1
1.1
1.7
1.7
3.7
8.3
8.3
1.7
3.7
10.5
14.3
2.3
3.7
5.8
5.2
1.8
3.4
6.5
-0 .4
6
5.5
6.1
0.9
5.6
4.4
4.1
7.2
7
10.0
9.8
10.5
11.5
6.9
10.7
11.5
8.1
12.4
10.7
1.8
1.6
0.6
2.3
-3 .9
5.2
9
5.3
1.9
10.9
5.7
1.4
10
11
1.6
1.3
3.8
1.2
-2 .5
3.4
-1 .4
2.7
7.3
8
12
1.6
2.1
1.6
1.7
-3 .3
2.4
0.7
15
16
17
18
19
2.2
1.5
1.2
0.6
1.3
2.7
2.5
0.8
4.5
0.3
1.3
2.3
2.1
2.7
1.3
1.4
20
4.0
21
22
3.0
1.5
13
14
1.2
5.8
2.7
0.9
-
1.8
2.0
2.0
1.8
-1 .3
7.5
4.6
-5 .3
4.2
0.6
4.5
3.0
1.5
2.4
4.7
1.3
2.9
2.4
1.5
-0 .3
2.0
0.9
0.3
1.0
1.1
0.3
-2 .7
2.3
- 0.2
-1 .7
3.6
2.4
1.3
6.5
2.5
- 0.2
-1 .3
1.7
-3 .2
- 0.6
-6 .7
1.5
- 0.2
5.5
- 2.8
4.0
1.4
2.0
0.2
23
0.2
5.3
15.5
3.4
9.0
-18.1
24
1.3
2.9
1.2
4.3
1.2
-3 .0
2.6
2.2
2.7
-
11.8
0.0
25
1.6
2.2
-2 .9
4.5
-1.3
2.4
4.0
26
27
28
29
30
4.9
9.5
8.3
7.3
12.7
7.6
-1 .6
4.7
4.5
6.9
5.3
6.5
2.7
0.3
5.9
-3.9
-2.4
4.7
-1.5
-4.6
-25.7
9.0
6.3
4.6
1.6
4.1
6.2
7.6
2.1
12.7
11.6
9.8
17.6
8.9
6.8
31
2.3
2.7
-10.3
-4 .5
20.0
-2 .7
11.3
32
33
34
35
36
37
38
39
-1 .5
3.8
15.7
32.2
5.4
1.7
5.5
-17.6
-7 .2
80.1
3.1
1.8
2.8
6.3
5.6
5.7
9.4
3.1
-15 .8
3.0
0.3
-7.6
18.8
3.7
7.7
-0 .3
- 8.6
19.7
24.3
5.8
-33.4
9.2
0.3
-16.9
7.8
40
41
42
43
44
1.9
19.8
4.0
12.5
1.3
13.4
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
12.2
22.2
10.1
6.1
3.9
3.4
5.9
3.2
1.6
- 2.0
3.7
2.7
2.6
0.3
12.9
-0 .4
5.7
- 0.8
14.1
4.4
0.5
7.1
7.1
7.0
4.9
5.2
3.1
-3 .2
- 2.6
-2 .3
-1 .4
-5 .7
-3.0
^ 1.0
- 0.1
-3 .6
-2 .9
- 6.8
3.5
3.8
3.0
2.2
2.1
2.7
-1.0
-1 .4
-3 .2
-2 .7
-5 .3
3.8
5.2
0.8
2.5
2.5
2.3
0.3
- 0.2
- 1.0
-3.1
7.7
0.4
1.1
1.6
- 2.6
1.0
-3 .0
11.3
-3.1
-3.5
- 1.0
3.5
8.9
12.5
16.2
- 0.8
-6.5
-13.9
- 21.6
-24.9
-7 .5
0.5
0.4
1.8
1.2
2.8
3.5
-3 .0
-0 .7
1.4
0.5
3.8
- 0.1
- 0.2
1.3
- 6.6
0.0
-3 .7
0.6
0.4
1.9
6.2
1.1
1.0
2.2
- 2.6
- 1.0
- 0.1
-5.2
-1 .3
- 2.8
-
0.1
5.6
-2.5
3.8
4.2
4.2
2.2
0.6
- 0.2
5.4
5.4
5.3
9.5
9.8
5.0
8.2
-4 .2
-8 .4
-0 .4
-1 .5
-0.5
-3 .8
13.6
-3.2
-3 .8
-1 .3
0.3
0.5
-0 .3
11.2
-9 .6
-17.3
-3 .6
-2 .4
-7 .2
-1 .3
0.1
-7.5
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the
world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world;
includes membership dues and fees.
4. Excludes software “embedded,” or bundled, in computers and other equipment.
5. Research and development investment excludes expenditures for software development. Software development
expenditures are included in software investment on line 38.
2012
II
1.9
2.9
-4 .4
2012
II
1.2
2.2
2011
2013
III
IV
I
II
Percent change at annual rate:
G ross dom estic p ro d u c t............
1
1.8
2.8
1.2
2.8
0.1
1.1
1.7
2
1.74
0.76
0.46
1.28
0.50
0.21
- 0.11
1.15
0.84
0.59
0.19
1.13
0.85
0.74
0.33
1.54
0.85
0.43
0.13
1.22
0.79
0.48
- 0.01
0.09
0.07
0.07
0.12
Percentage p o in ts a t annual rates:
Personal consum ption expenditures
G oods..................................................
Durable g oo d s................................
Motor vehicles and p a rts ..........
Furnishings and durable
household equipment...........
Recreational goods and
vehicles...................................
Other durable goods..................
Nondurable goods.........................
Food and beverages purchased
for off-premises consumption
Clothing and footwear...............
Gasoline and other energy
goods......................................
Other nondurable goods...........
Services...............................................
Household consumption
expenditures (for services).......
Housing and utilities..................
Health ca re .................................
Transportation services.............
Recreation services...................
Food services and
accommodations...................
Financial services and
insurance................................
Other services...........................
Final consumption expenditures of
nonprofit institutions serving
households (NPISHs) 1............
Gross output of nonprofit
institutions 2...........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3...........
0.11
1.52
0.77
0.56
0.17
6
0.09
0.10
0.02
7
0.20
0.22
0.19
0.22
0.21
0.06
0.30
0.07
0.12
0.28
0.08
0.25
0.13
0.22
0.10
0.16
0.07
0.43
0.24
8
9
10
11
0.08
0.08
0.07
0.03
0.12
0.09
0.11
0.05
-0.04
0.11
-0.09
0.04
-0.07
0.16
12
-0.06
0.19
0.98
-0.04
0.16
0.74
0.18
0.07
0.78
-0.08
0.14
0.31
-0.14
0.23
0.29
0.11
13
14
15
16
17
18
19
0.97
0.16
0.30
0.05
0.05
0.65
0.25
0.16
0.26
0.02
0.52
0.55
0.03
0.04
0.04
0.01
0.03
0.13
-0.35
0.26
- 0.01
-0.04
1.04
0.58
0.14
0.06
0.06
0.64
-0.04
0.30
0.04
0.07
20
0.17
0.15
0.10
0.05
0.27
0.11
- 0.01
21
22
0.15
0.09
-0.07
-0.17
-0.04
-0.35
0.09
- 0.01
0.27
-0.17
0.20
3
4
5
0.10
0.30
0.10
0.02
0.01
0.12
0.31
0.11
0.11
0.17
0.69
0.43
0.08
23
0.00
0.09
0.26
0.06
0.16
-0.35
24
0.09
0.21
0.09
0.31
0.09
- 0.22
0.00
-
0.22
25
0.09
0.12
-0.16
0.25
-0.07
0.13
0.22
26
27
28
29
30
0.69
0.85
0.84
0.05
0.62
1.36
1.17
0.85
0.31
0.41
-0.23
0.99
0.39
0.04
0.15
0.71
-0.23
-0.57
-0.80
0.09
1.34
0.93
0.55
0.17
0.23
31
0.04
0.05
-
32
33
34
35
36
37
38
39
- 0.01
0.05
0.16
0.27
0.14
0.17
0.03
0.10
0.05
40
41
42
43
44
0.01
0.01
0.00
0.00
0.00
0.32
-0.16
0.20
0.02
-0.03
-0.18
0.22
0.15
-0.91
-0.14
-0.76
0.35
0.60
-0.32
0.91
Net exports o f goods and s e rv ic e s ...
E xports................................................
G oods..............................................
Services...........................................
Imports.................................................
G oods..............................................
Services...........................................
45
46
47
48
49
50
51
0.10
0.89
0.63
0.27
-0 .79
-0.70
-0.09
0.10
0.48
0.36
0.10
0.51
0.48
0.03
-0.41
-0.35
-0.06
G overnment consum ption
expenditures and gross
investm ent..........................................
Federal.................................................
National defense.............................
Consumption expenditures.......
Gross investment.......................
Nondefense....................................
Consumption expenditures.......
Gross investment.......................
State and local....................................
Consumption expenditures...........
Gross investment...........................
52
53
54
55
56
57
58
59
60
61
62
-0.68
-0.23
-0.13
-0.06
-0.07
- 0.10
-0.09
0.05
- 0.02
-0.05
-0.13
0.08
0.04
0.03
Gross private dom estic investm ent
Fixed investment.................................
Nonresidential.................................
Structures...................................
Equipment..................................
Information processing
equipment..........................
Computers and peripheral
equipment......................
Other...................................
Industrial equipment.............
Transportation equipment....
Other equipment....................
Intellectual property products...
Software 4...............................
Research and developm ent 5
Entertainment, literary, and
artistic originals................
Residential......................................
Change in private inventories...........
Fa rm ................................................
Nonfarm...........................................
0.00
-0.46
-0.30
-0.16
0.53
0.18
0.29
-
0.22
-0.36
1.63
1.13
0.44
0.47
0.20
-0.08
0.31
-0.05
0.19
- 0.10
- 0.10
-0.19
-0.08
0.04
-0.04
0.23
0.00
0.00
- 0.10
0.24
0.14
0.13
- 0.01
0.07
-0.03
0.15
0.07
0.07
0.68
0.12
0.00
0.28
0.04
0.07
0.29
0.08
0.07
-0.25
0.01
0.10
0.11
0.07
0.10
0.11
0.03
-0.03
0.06
0.04
0.16
0.05
0.02
0.06
0.25
0.05
0.13
0.12
-0.38
-0.30
-0.07
-0 .20
- 0.12
-0.17
- 0.11
-0.06
0.05
0.08
- 0.02
-0.08
0.00
-0.08
0.11
0.21
-
0.01
0.02
0.01
0.50
0.34
0.93
0.38
0.41
0.13
0.28
2.00
0.10
0.88
-2.09
0.06
-0.03
0.05
0.16
- 0.10
-0.08
-0.05
-0.03
0.68
0.15
-0.28
0.43
0.53
0.50
0.03
-0.28
-0.18
-0.27
0.09
- 0.10
0.03
-0.13
0.67
0.69
0.60
0.61
-1.31
-1.19
- 1.22
-1.14
-0.08
0.03
0.05
- 0.02
- 0.12
- 0.01
- 0.11
-0.82
- 0.68
-0.57
-0.38
-0.18
- 0.11
-0.05
-0.05
-0.14
- 0.01
0.08
0.08
0.00
0.00
0.07
0.03
0.04
- 0.02
0.12
-0.14
0.01
-0.16
-0.81
0.71
0.49
0.22
-1.51
-1.29
- 0.22
-0.08
- 0.12
- 0.02
-0.15
0.12
-0.09
-0.08
- 0.01
0.04
0.04
- 0.01
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the
world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world;
includes membership dues and fees.
4. Excludes software “embedded,” or bundled, in computers and other equipment.
5. Research and development investment excludes expenditures for software development. Software development
expenditures are included in software investment on line 38.
August 2013
D-11
S u r v e y o f C u r r e n t B u s in e s s
Table 1.5.3. Real Gross Domestic Product,
Expanded Detail, Quantity Indexes
Table 1.5.4. Price Indexes for Gross Domestic Product,
Expanded Detail
[Index numbers, 2009=100]
[Index numbers, 2009=100]
Seasonally adjusted
Seasonally adjusted
Line
2011
2012
2012
II
Gross domestic product........
Personal consumption
expenditures.................................
Goods..............................................
Durable goods...........................
Motor vehicles and p arts .....
Furnishings and durable
household equipment.......
Recreational goods and
vehicles..............................
Other durable goods.............
Nondurable g oods.....................
Food and beverages
purchased for off-premises
consumption
Clothing and footw ear..........
Gasoline and other energy
goo ds.................................
Other nondurable goods.......
S ervices..........................................
Household consumption
expenditures (for services)...
Housing and utilities.............
Health care.............................
Transportation services........
Recreation services..............
Food services and
accommodations..............
Financial services and
insurance...........................
Other services.......................
Final consumption expenditures
of nonprofit institutions
serving households
(NPISHs) 1.............................
Gross output of nonprofit
institutions 2 ......................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3 ......
Gross private domestic
investment.....................................
Fixed investment............................
Nonresidential...........................
Structures...............................
Equipment..............................
Information processing
equipm ent.....................
Computers and
peripheral equipment
O ther..............................
Industrial equipment.........
Transportation equipment
Other equipm ent..............
Intellectual property products
Software 4 .........................
Research and
developm ent 5
Entertainment, literary,
and artistic originals....
Residential..................................
Net exports of goods and services
E xports............................................
Goods..........................................
S ervices.....................................
Im ports............................................
Goods..........................................
S ervices.....................................
Government consumption
expenditures and gross
investment.....................................
Federal............................................
National defense........................
Consumption expenditures...
Gross investment..................
Nondefense................................
Consumption expenditures...
Gross investment...................
State and local................................
Consumption expenditures......
Gross investment.......................
III
2013
IV
I
Line
1 104.400 107.302 107.003 107.741 107.780 108.087 108.536
2 104.555 106.854 106.643 107.092 107.537 108.138 108.615
3 106.925 110.495 109.889 110.888 111.904 112.928 113.886
4 113.074 121.833 120.060 122.484 125.591
5 107.048 114.798 112.381 114.634 118.531
127.379 129.401
120.031 119.913
6 112.959 119.833 118.756 120.391 121.704 122.936 125.102
7 121.966 135.248 133.296 136.980 140.495 143.248 147.482
8 109.798 116.098 115.027 116.971 120.206 121.912 125.047
9 104.177 105.594 105.463 105.877 106.047 106.762 107.290
10 103.750 105.120 104.998 105.426 105.659 106.184 105.824
11 109.283 110.562 109.710 111.107 110.615 111.098 113.138
12
96.739 95.419 96.565 95.770 94.468 95.510 96.585
13 105.822 108.709 108.193 108.833 109.948 110.762 111.304
14 103.411 105.090 105.070 105.252 105.421 105.818 106.065
1b
16
17
18
19
103.510
102.521
104.050
101.593
103.403
105.039
103.328
106.820
102.863
104.889
105.022
103.626
106.389
102.883
104.883
105.175
103.959
106.988
103.134
105.165
105.256
103.239
107.592
103.070
104.714
105.884
104.438
107.932
103.820
105.333
106.271
104.363
108.631
104.389
106.029
20 105.614 109.403 108.963 109.305 111.036 111.713 111.645
21 105.148 103.764 104.466 102.665 102.607 103.983 105.006
22 102.469 104.208 103.964 104.350 104.397 103.650 104.011
23 101.044 106.380 106.281 107.182 109.528 104.186 100.954
24 102.555 105.550 105.002 106.107 106.415 105.610 105.622
25 103.059 105.299 104.604 105.774 105.438 106.058 107.094
26
27
28
29
30
118.449
107.844
110.225
85.360
130.639
129.705
116.766
118.263
96.212
140.604
128.745
115.904
117.847
94.922
140.999
130.795
116.675
117.938
96.299
139.602
130.012
119.914
120.717
100.282
142.609
131.521
119.467
119.318
93.090
143.175
134.380
121.301
120.663
94.639
144.612
31 112.415 115.460 114.007 112.716 117.963 117.165 120.353
32
33
34
35
36
37
38
108.643
113.940
115.104
256.436
121.854
106.388
105.082
114.515
115.876
121.380
313.250
126.606
109.962
111.326
114.538
113.843
121.598
324.680
125.417
109.326
110.601
103.457
116.380
121.687
309.996
127.796
110.072
111.623
119.857
117.282
123.525
310.852
129.561
111.617
114.156
114.804
118.145
123.613
304.769
135.266
112.648
116.288
112.261
123.581
123.648
308.979
134.423
113.712
117.485
39 105.595 107.269 106.569 107.286 108.106 108.019 109.126
40 114.498 114.816 114.764 114.548 115.079 116.203 116.569
41 97.964 110.581 107.854 111.476 116.635 120.123 123.958
4?
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
2012
2012
II
Gross domestic product........
Personal consumption
expenditures.................................
G oods..............................................
Durable goo ds ...........................
Motor vehicles and p a rts ......
Furnishings and durable
household equipment.......
Recreational goods and
vehicles...............................
Other durable goods.............
Nondurable g oo d s.....................
Food and beverages
purchased for off-premises
consumption......................
Clothing and footwear...........
Gasoline and other energy
goods..................................
Other nondurable goods......
Services...........................................
Household consumption
expenditures (for services)...
Housing and utilities.............
Health c a re .............................
Transportation services.........
Recreation services..............
Food services and
accommodations..............
Financial services and
insurance...........................
Other services.......................
Final consumption expenditures
of nonprofit institutions
serving households
(NPISHs) 1..............................
Gross output of nonprofit
institutions 2.......................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3.......
Gross private domestic
investment.....................................
Fixed investment............................
Nonresidential............................
Structures...............................
Equipment..............................
Information processing
equipment......................
Computers and
peripheral equipment
Other...............................
Industrial equipment.........
Transportation equipment
Other equipment...............
Intellectual property products
Software 4..........................
Research and
developm ent 5..............
Entertainment, literary,
and artistic orig in als....
Residential..................................
III
2013
IV
I
II
1 103.203 105.008 104.751 105.345 105.640 105.994 106.192
2 104.086 106.009 105.750 106.193 106.622 106.909 106.918
3 105.345 106.666 106.366 106.718 106.900 106.641 105.737
4 97.649 96.467 96.791
96.246 95.746 95.487 95.015
5 108.645 110.375 110.755 110.555 110.460 110.707 111.043
6
94.247
93.972
94.202
93.910
93.454
93.438
92.769
78.621
77.391
7 86.679 81.424 82.002 80.729 79.611
8 103.601 104.174 103.941 103.966 103.999 104.015 104.012
9 109.128 111.765 111.127 111.964 112.522 112.264 111.122
10 104.276 106.657 106.496 106.682 107.163 107.503 107.647
11 101.000 104.651 104.720 104.850 105.405 105.729 105.020
12 148.588 153.621 149.254 153.961 156.856 153.941 144.493
13 103.599 105.312 105.122 105.622 105.535 105.316 105.372
14 103.463 105.689 105.450 105.939 106.493 107.060 107.539
15
16
17
18
19
103.628
101.683
104.399
104.730
102.808
105.980
103.616
106.286
106.750
105.622
105.727
103.322
106.044
106.746
105.284
106.259
103.789
106.596
106.744
106.022
106.809
104.507
106.946
107.100
106.421
107.422
105.162
107.560
107.780
106.904
107.814
105.991
107.450
107.385
107.019
20 103.887 106.842 106.740 107.197 107.601 108.194 109.074
21 105.966 110.057 109.337 110.786 111.701 111.682 111.923
22 104.250 106.415 106.457 106.480 106.996 108.083 108.650
23
99.642
98.932
99.022
98.532
99.156
98.674 101.228
24 103.784 105.479 105.259 105.686 106.234 106.816 107.455
25 105.211
107.736 107.406 108.155 108.676 109.630 109.632
26
27
28
29
30
100.364
100.506
100.524
101.748
98.928
101.646
101.852
101.977
103.732
100.187
101.482
101.679
101.897
103.703
99.940
101.820
102.045
102.157
103.856
100.300
102.196
102.386
102.350
104.164
100.673
102.726
102.967
102.692
105.189
100.601
103.174
103.429
102.911
106.434
100.483
31
97.387
96.235
96.309
96.138
95.791
95.405
94.956
89.629 89.401
89.439
32 92.029 90.060 90.053 90.061
98.384 97.931
97.287
33 99.652 98.840 98.948 98.701
34 103.972 105.783 105.708 105.864 106.261 106.462 106.260
35 94.913 96.994 96.292 97.040 98.326 98.304 98.233
36 98.426 101.797 101.437 102.298 102.707 102.785 103.145
37 101.789 103.169 103.304 103.486 103.325 103.816 103.859
38 99.161
98.522 98.796 98.338 97.992 98.368 98.606
39 105.550 109.522 109.598 110.403 110.412 111.261
111.159
40 98.942 99.370 99.155 99.734 99.726 99.488 99.235
41 100.392 101.246 100.664 101.505 102.500 104.088 105.546
4?
43
44
125.414
127.794
120.519
123.362
126.009
112.402
Net exports of goods and services
E xports............................................
Goods..........................................
Services......................................
Imports.
Goods
Services......................................
45
46
47
48
49
50
51
111.140
113.012
107.039
114.273
116.178
105.713
112.185
113.507
109.312
114.862
116.855
105.895
112.127
113.423
109.313
115.038
117.084
105.823
112.114
113.414
109.293
113.570
115.316
105.740
112.543
113.731
109.974
114.725
116.592
106.336
112.944
114.060
110.531
114.873
116.779
106.309
112.128
112.863
110.543
113.453
115.079
106.160
96.868 95.921
95.933 96.752 95.135 94.117 94.021
101.660 100.212 100.065 102.212 98.455 96.315 95.947
100.802 97.562 97.526 100.446 94.506 91.731
91.618
102.259 99.523 99.211 102.995 95.892 93.502 92.593
95.622 90.571
91.523 91.346 89.580 85.413 88.185
103.230 105.068 104.714 105.440 105.708 104.740 103.902
101.618 105.146 104.603 105.577 106.164 105.513 104.509
108.036 104.788 105.005 104.983 104.292 102.369 102.031
93.751
93.128 93.243 93.207 92.966 92.672 92.751
94.593 94.616 94.488 94.799 94.772 94.800 94.914
86.426 85.289 83.644 83.576
90.156 86.787 87.921
Government consumption
expenditures and gross
investment.....................................
Federal.............................................
National defense........................
Consumption expenditures...
Gross investment...................
Nondefense................................
Consumption expenditures...
Gross investment...................
State and local................................
Consumption expenditures.......
Gross investment.......................
52
53
54
55
56
57
58
59
60
61
62
105.560
105.344
105.191
105.693
103.393
105.624
106.215
103.924
105.710
106.352
103.029
106.882
106.184
106.252
106.824
104.185
106.077
106.755
104.128
107.371
107.652
106.294
106.771
106.182
106.229
106.754
104.343
106.112
106.777
104.203
107.183
107.446
106.189
106.850
106.224
106.322
106.857
104.396
106.065
106.734
104.141
107.288
107.477
106.631
107.209
106.370
106.542
107.221
104.068
106.081
106.795
104.023
107.798
108.029
106.945
107.454
107.007
107.283
108.061
104.433
106.549
107.257
104.507
107.775
107.907
107.388
107.481
107.207
107.466
108.206
104.759
106.779
107.526
104.624
107.684
107.699
107.847
119.367
122.470
112.939
118.239
121.176
105.934
123.590
127.100
116.297
120.860
123.750
108.779
123.738
127.480
115.949
121.207
124.154
108.873
123.851
128.000
115.199
121.358
124.282
109.139
124.196
127.038
118.321
120.398
123.170
108.855
123.781
126.126
118.961
120.584
123.098
110.197
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the
world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world;
includes membership dues and fees.
4. Excludes software “embedded,” or bundled, in computers and other equipment.
5. Research and development investment excludes expenditures for software development. Software development
expenditures are included in software investment on line 38.
2011
II
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the
world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world;
includes membership dues and fees.
4. Excludes software “embedded," or bundled, in computers and other equipment.
5. Research and development investment excludes expenditures for software development. Software development
expenditures are included in software investment on line 38.
D-12
National Data
August 2013
Table 1.5.5. Gross Domestic Product, Expanded Detail
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
2012
15,533.8
16,244.6
16,160.4
16,356.0
16,420.3
16,535.3
16,633.4
11,149.6
3,769.7
1,202.7
401.7
275.1
334.5
191.3
2,567.0
863.3
354.6
417.0
932.1
7,379.9
7,089.4
2,013.9
1,847.6
318.1
416.6
701.7
821.0
970.4
290.5
1,194.1
903.6
11,100.2
3,738.4
1,189.3
394.6
273.3
332.2
189.1
2,549.2
861.0
352.1
410.1
926.0
7,361.8
7,071.3
2,013.9
1,835.9
318.1
415.2
698.2
821.3
968.6
290.5
1,185.4
894.9
11,193.6
3,784.9
1,206.5
401.8
276.2
336.1
192.4
2,578.4
11,379.2
3,851.8
1,244.8
421.3
280.7
342.3
357.1
419.5
935.9
7,408.7
7,117.2
2,029.5
1,855.9
318.9
419.2
703.4
817.9
972.4
291.5
1,202.7
911.2
11,285.5
3,826.1
1,230.7
415.1
277.9
339.9
197.8
2,595.4
871.8
357.4
421.6
944.7
7,459.4
7,159.6
2,029.4
1,872.5
319.8
419.0
717.2
824.2
977.5
299.8
1,212.5
912.7
11,430.3
3,851.6
1,258.3
422.2
283.6
346.9
205.7
2,593.2
877.1
364.2
397.1
954.9
7,578.7
7,296.6
2,080.6
1,899.5
324.7
426.7
731.0
845.1
989.0
282.1
1,217.3
935.2
2,454.0
2,387.1
1,961.4
431.3
907.9
281.2
79.2
2,499.9
2,486.9
2,018.2
457.8
925.0
289.4
82.5
206.9
199.6
215.7
220.3
635.4
287.3
273.4
74.7
468.8
13.0
-15.6
28.6
2,555.1
2,491.7
2,001.4
429.1
928.0
286.2
78.8
207.5
211.5
230.2
644.3
293.7
275.2
75.3
490.3
63.4
38.9
24.5
2,620.0
2,541.3
2,028.3
441.4
936.2
292.7
77.1
215.6
199.8
214.2
229.6
650.6
297.5
277.8
75.3
513.0
78.7
42.1
36.6
2012
II
Gross domestic product........................................................................................................
1
2
III
2013
IV
I
II
Personal consumption expenditures..........................................................................................
G oods.......................................................................
...................
Durable goods......................................................
............................................
Motor vehicles and parts................................
Furnishings and durable household equipment
Recreational goods and vehicles.................
Other durable g oods......................................
Nondurable goods.....................................................................................................................
Food and beverages purchased for off-premises consumption
Clothing and footwear.............................................................
Gasoline and other energy goods.......................................................................................
Other nondurable goods......................................................................................................
Services..............................
Household consumption expenditures (for services)...........................................................
Housing and utilities..............................................................................................................
Health care................
Transportation services
Recreation services..
Food services and accommodations.................................................................................
Financial services and insurance........................................................................................
Other services........................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs ) 1
Gross output of nonprofit institutions 2...............................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3...............
23
24
25
10,711.8
3,602.7
1,129.9
368.7
260.1
321.1
179.9
2,472.8
833.0
338.3
408.9
892.6
7,109.1
6,831.2
1,960.9
1,767.8
308.2
399.7
658.7
801.1
934.8
277.9
1,141.6
863.7
Gross private domestic investment.............................................................................................
Fixed investment............................
Nonresidential............................
S tructures...............................
Equipment...............................
Information processing equipment.................................................................................
Computers and peripheral equipm ent......................................................................
O ther..............................................................................................................................
Industrial equipment
Transportation equipment
Other equipment...............................................................................................................
Intellectual property products..............................................................................................
Software 4..........................................................................................................................
Research and developm ent 5 .........................................................................................
Entertainment, literary, and artistic originals.................................................................
Residential.................................................................................................................................
Change in private inventories.......................................................................................................
Farm................................
Nonfarm .........................
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
2,232.1
2,195.6
1,809.9
380.6
832.7
280.4
76.8
203.6
182.0
171.8
198.6
596.6
267.6
255.2
73.8
385.8
36.4
-6 .4
42.8
2,475.2
2,409.1
1,970.0
437.3
907.6
284.5
79.2
205.4
195.3
214.4
213.4
625.0
281.6
269.1
74.3
439.2
66.1
66.8
-11.7
77.8
-7 .4
74.3
2,493.3
2,411.7
1,968.0
438.3
902.2
277.5
71.5
206.0
195.9
212.3
216.5
627.5
281.9
271.3
74.4
443.7
81.6
-23.9
105.5
Net exports of goods and services
Exports
.....................................................................................................................................
G oo d s....
S ervices.
48
Imports
............................................
G oods....
Services......................................................................................................................................
45
46
47
627.6
49
50
51
-568.7
2,669.9
2,234.6
435.3
-547.2
2,195.9
1,536.0
659.9
2,743.1
2,295.4
447.7
-557.9
2,197.4
1,539.5
657.9
2,755.3
2,307.4
447.8
-524.4
2,199.2
1,545.6
653.6
2,723.5
2,275.0
448.6
-515.8
2,213.7
1,538.3
675.5
2,729.5
2,279.6
449.9
-523.1
2,214.2
1,531.6
682.6
2,737.3
2,281.9
455.3
-538.5
2,227.2
1,535.6
691.6
2,765.7
2,301.9
463.8
Government consumption expenditures and gross investment
Federal................................................................................................
National defense........................................................................................................................
Consumption expenditures
Gross investment
Nondefense....................
Consumption expenditures..................................................................................................
Gross investment
State and local...................
Consumption expenditures......................................................................................................
Gross investment.......................................................................................................................
52
53
54
55
56
57
58
59
60
61
62
3,158.7
1,304.1
835.8
662.8
173.0
468.2
345.8
122.4
1,854.7
1,517.4
337.2
3,167.0
1,295.7
817.1
652.0
165.1
478.6
359.7
118.9
1,871.3
1,536.4
334.9
3,164.1
1,293.8
816.7
649.6
167.1
477.1
357.9
119.3
1,870.3
1,531.3
339.0
3,193.5
1,322.1
841.9
675.0
166.9
480.2
361.1
119.2
1,871.4
1,536.8
334.6
3,150.7
1,275.2
793.7
630.6
163.1
481.5
363.3
118.2
1,875.4
1,544.3
331.2
3,124.1
1,255.0
775.8
619.7
156.1
479.2
362.6
116.6
1,869.1
1,543.0
326.1
3,121.6
1,252.5
776.1
614.5
161.7
476.4
360.0
116.3
1,869.1
1,541.9
327.2
1.
2.
3.
4.
5.
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
2, 101.2
1,473.6
202.0
195.5
220.6
210.6
622.2
280.6
267.5
74.1
425.7
866.0
Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
Excludes software “embedded,” or bundled, in computers and other equipment.
Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38.
200.6
2,607.0
878.9
360.0
418.3
949.7
7,527.4
7,243.6
2,065.8
1,889.2
324.2
423.4
725.6
835.1
980.4
283.8
1,209.9
926.1
200.1
August 2013
D-13
S u r v e y o f C u r r e n t B u s in e s s
Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Gross domestic product........................................................................................................
Personal consumption expenditures..........................................................................................
G oods.............................................................................................................................................
Durable goods............................................................................................................................
Motor vehicles and parts.........................
Furnishings and durable household equipment
Recreational goods and vehicles...........
Other durable g oods................................
Nondurable goods........................................
Food and beverages purchased for off-premises consumption.....................................
Clothing and footwear..........................................................................................................
Gasoline and other energy goods......................................................................................
Other nondurable goods......................................
Services..........................................................................................................................................
Household consumption expenditures (for services)...........................................................
Housing and utilities
Health care..........
Transportation services
Recreation services
Food services and accommodations.................................................................................
Financial services and insurance........................................................................................
Other services.......................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs) 1
Gross output of nonprofit institutions 2...............................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3...............
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
III
2013
IV
I
II
15,052.4
15,470.7
15,427.7
15,534.0
15,539.6
15,583.9
15,648.7
10,291.3
3,419.9
1,157.1
339.4
276.0
370.5
173.7
2,266.0
798.8
335.0
275.2
861.6
6,871.1
6,592.0
1,928.4
1,693.3
294.3
388.8
634.0
756.0
896.7
278.9
1,100.0
820.9
10,517.6
3,534.1
1,246.7
364.0
292.8
410.9
183.6
2,296.8
809.4
338.9
271.5
885.1
6,982.7
6,689.4
1,943.6
1,738.4
298.0
394.4
656.8
746.0
911.9
293.6
1,132.1
838.8
10,496.8
3,514.7
1,228.6
356.3
290.1
404.9
181.9
2,293.9
808.4
336.3
274.7
880.9
6,981.4
6,688.3
1,949.2
1,731.4
298.0
394.4
654.1
751.1
909.8
293.4
1,126.2
833.2
10,541.0
3,546.7
1,253.4
363.5
294.1
416.1
185.0
2,303.0
811.7
340.5
272.5
10,584.8
3,579.2
1,285.2
375.8
297.3
426.8
190.1
2,306.7
813.5
339.0
268.8
895.2
7,004.7
6,703.2
1,941.9
1,750.9
298.6
393.7
737.7
913.6
302.3
1,141.4
839.9
10,644.0
3,611.9
1,303.5
380.6
300.3
435.2
192.8
2,322.2
817.6
340.5
271.7
901.8
7,031.1
6,743.2
1,964.5
1,756.5
300.8
396.1
670.7
747.6
907.1
287.6
1,132.7
844.8
10,690.9
3,642.6
1,324.2
380.2
305.6
448.0
197.8
2,333.7
814.8
346.8
274.8
906.2
7,047.5
6,767.8
1,963.1
1,767.8
302.4
398.7
670.2
754.9
910.2
278.7
1,132.9
853.1
2,523.8
2,457.2
1,971.0
414.7
931.7
308.2
886.1
6,993.4
6,698.0
1,955.5
1,741.1
298.8
395.4
656.2
738.1
913.2
295.8
1,138.1
842.5
666.6
Gross private domestic investment.............................................................................................
Fixed investment.....................
Nonresidential.....................
Structures.......................
Equipment.......................
Information processing equipment.................................................................................
Computers and peripheral equipm ent 4....................................................................
O ther..............................................................................................................................
Industrial equipm ent..
Transportation equipment...............................................................................................
Other equipment
Intellectual property products
Software 5.........................................................................................................................
Research and developm ent 6 .........................................................................................
Entertainment, literary, and artistic originals.................................................................
Residential.................................................................................................................................
Change in private inventories
Farm........................
Nonfarm .................
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
2,224.6
2,184.6
1,800.5
374.1
841.7
287.9
2,436.0
2,365.3
1,931.8
421.6
905.9
295.7
2,418.0
2,347.9
1,925.0
416.0
908.5
292.0
2,456.5
2,363.5
1,926.4
422.0
899.5
288.6
2,441.8
2,429.1
1,971.9
439.4
918.8
302.1
2,470.1
2,420.0
1,949.0
407.9
922.5
300.0
204.3
175.0
181.0
207.8
184.6
208.7
185.0
218.8
221.6
209.7
605.8
285.9
245.7
74.8
433.7
57.6
-7.2
68.7
606.4
286.6
245.7
74.6
437.3
77.2
-13 .6
97.3
188.0
215.1
224.0
620.6
298.6
247.4
75.7
471.2
42.2
16.0
188.0
218.0
201.8
210.3
187.8
219.4
214.5
614.9
293.1
247.6
74.9
457.5
7.3
-9 .6
20.3
211.8
586.1
269.8
241.8
74.6
384.3
33.6
-4 .5
39.7
204.1
184.9
229.1
207.7
602.3
284.0
244.1
74.7
423.0
56.8
-4 .9
64.7
22.2
626.5
301.7
249.9
75.9
486.2
56.7
19.9
32.1
Net exports of goods and services
Exports............................................................................................................................................
G oods.........................................................................................................................................
Services
Imports
G oods.........................................................................................................................................
S ervices.....................................................................................................................................
45
46
47
48
49
50
51
-445.9
1,890.5
1,303.9
586.3
2,336.4
1,923.4
411.8
-430.8
1,957.4
1,353.2
603.7
2,388.2
1,964.3
422.8
-435.3
1,959.8
1,357.3
601.9
2,395.1
1,970.7
423.2
-436.5
1,961.6
1,362.8
598.0
2,398.0
1,972.7
424.2
-412.1
1,967.0
1,352.6
614.2
2,379.1
1,955.1
423.1
-422.3
1,960.5
1,342.8
617.5
2,382.7
1,954.0
428.3
-451.3
1,986.3
1,360.6
625.6
2,437.6
2,000.2
436.9
Government consumption expenditures and gross investment..........................................
Federal............................................................................................................................................
National defense.......................................................................................................................
Consumption expenditures
Gross investment
Nondefense............
Consumption expenditures..................................................................................................
Gross investment
State and lo ca l...........
Consumption expenditures......................................................................................................
Gross investment...
Residual..............................................................................................................................................
52
53
54
55
56
57
58
59
60
61
62
63
2,992.3
1,237.9
794.6
627.1
167.3
443.3
325.6
117.8
1,754.5
1,426.8
327.3
- 20.6
2,963.1
1,220.3
769.1
610.4
158.5
451.2
336.9
114.2
1,742.8
1,427.1
315.1
-34.1
2,963.5
1,218.5
768.8
608.4
160.2
449.7
335.2
114.5
1,745.0
1,425.2
319.2
-30.1
2,988.8
1,244.6
791.8
631.7
159.8
452.8
338.3
114.4
1,744.3
1,429.9
313.8
-34.6
2,938.8
1,198.9
745.0
588.1
156.8
453.9
340.2
113.7
1,739.8
1,429.5
309.6
-45.1
2,907.4
1,172.8
723.1
573.4
149.5
449.8
338.1
2,904.4
1,168.3
722.2
567.9
154.3
446.2
334.9
221.0
211.6
222.6
111.6
111.2
1,734.3
1,429.9
303.7
-38.0
1,735.7
1,431.6
303.4
-41.8
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the
chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table
1.5.2 and real growth rates are shown in table 1.5.1.
5. Excludes software “embedded," or bundled, in computers and other equipment.
6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38.
N ote . The residual line is the difference between the first line and the sum of the most detailed lines.
D-14
National Data
August 2013
Table 1.6.4. Price Indexes
for Gross Domestic Purchases
Table 1.6.7. Percent Change From Preceding Period
in Prices for Gross Domestic Purchases
[Index num bers, 2009=100]
[Percent]
Seasonally adjusted
Line
2011
2012
2012
II
III
Seasonally adjusted at annual rates
2013
IV
I
Line
II
1 103.884 105.599 105.383 105.742 106.150 106.467 106.547
Personal consumption expenditures.......
Goods..........................................................
Durable goods.......................................
Motor vehicles and parts..................
Furnishings and durable household
equipm ent.....................................
Recreational goods and vehicles....
Other durable goods.........................
Nondurable goods.................................
Food and beverages purchased for
off-premises consumption...........
Clothing and footw ear......................
Gasoline and other energy g oods...
Other nondurable goods...................
S e rvices......................................................
Household consumption expenditures
Housing and utilities.........................
H ealthcare........................................
Transportation services....................
Recreation services..........................
Food services and accommodations
Financial services and insurance....
Other services...................................
Final consumption expenditures of
nonprofit institutions serving
households (NPISHs).......................
2 104.086 106.009 105.750 106.193 106.622 106.909 106.918
1
2
3 105.345 106.666 106.366 106.718 106.900
4 97.649 96.467 96.791 96.246 95.746
5 108.645 110.375 110.755 110.555 110.460
3
4
5
Gross private domestic investment.........
Fixed investment........................................
Nonresidential.......................................
Structures...........................................
Equipment..........................................
Information processing
equipm ent.................................
Computers and peripheral
equipment.............................
O ther..........................................
Industrial equipment.....................
Transportation equipment............
Other equipm ent..........................
Intellectual property products
Software 1 .....................................
Research and development.........
Entertainment, literary, and
artistic originals........................
Residential..............................................
Government consumption expenditures
and gross investment..............................
Federal........................................................
National defense....................................
Consumption expenditures..............
Gross investment...............................
Nondefense............................................
Consumption expenditures..............
Gross investment...............................
State and local............................................
Consumption expenditures..............
Gross investment...............................
Addenda:
Final sales of computers to domestic
purchasers 2...........................................
Gross domestic purchases excluding
final sales of computers to domestic
purchasers..............................................
Food 3..........................................................
Energy goods and services......................
Gross domestic purchases excluding
food and ene rg y....................................
Gross domestic p roduct...........................
Gross domestic product excluding
final sales of com puters..............
Food 3 ................................................
Energy goods and services.............
Gross domestic product excluding
food and ene rg y...........................
Final sales of domestic product...............
Final sales to domestic purchasers.........
Implicit price deflator for gross domestic
purchases...............................................
93.972 94.202 93.910 93.454
7 86.679 81.424 82.002 80.729 79.611
8 103.601 104.174 103.941 103.966 103.999
9 109.128 111.765 111.127 111.964 112.522
10 104.276 106.657 106.496 106.682 107.163
11 101.000 104.651 104.720 104.850 105.405
12 148.588 153.621 149.254 153.961 156.856
13
14
15
16
17
18
19
20
21
22
103.599
103.463
103.628
101.683
104.399
104.730
102.808
103.887
105.966
104.250
105.312
105.689
105.980
103.616
106.286
106.750
105.622
106.842
110.057
106.415
105.122
105.450
105.727
103.322
106.044
106.746
105.284
106.740
109.337
106.457
105.622
105.939
106.259
103.789
106.596
106.744
106.022
107.197
110.786
106.480
105.535
106.493
106.809
104.507
106.946
107.100
106.421
107.601
111.701
106.996
23
99.642
98.932
99.022
98.532
99.156
24
25
26
27
28
100.364
100.506
100.524
101.748
98.928
101.646
101.852
101.977
103.732
100.187
101.482
101.679
101.897
103.703
99.940
101.820
102.045
102.157
103.856
100.300
102.196
102.386
102.350
104.164
100.673
29
97.387
96.235
96.309
96.138
95.791
30 92.029 90.060 90.053 90.061
31 99.652 98.840 98.948 98.701
32 103.972 105.783 105.708 105.864
33 94.913 96.994 96.292 97.040
34 98.426 101.797 101.437 102.298
35 101.789 103.169 103.304 103.486
36 99.161 98.522 98.796 98.338
37 105.550 109.522 109.598 110.403
89.629
98.384
106.261
98.326
102.707
103.325
97.992
110.412
38 98.942 99.370 99.155 99.734 99.726
39 100.392 101.246 100.664 101.505 102.500
40
41
4?
43
44
45
46
4/
48
49
50
51
52
53
54
105.560
105.344
105.191
105.693
103.393
105.624
106.215
103.924
105.710
106.352
103.029
88.519
106.882
106.184
106.252
106.824
104.185
106.077
106.755
104.128
107.371
107.652
106.294
84.085
106.771
106.182
106.229
106.754
104.343
106.112
106.777
104.203
107.183
107.446
106.189
84.507
106.850
106.224
106.322
106.857
104.396
106.065
106.734
104.141
107.288
107.477
106.631
83.972
107.209
106.370
106.542
107.221
104.068
106.081
106.795
104.023
107.798
108.029
106.945
82.577
103.174
103.429
102.911
106.434
100.483
Gross private domestic investment.........
Fixed investment.........................................
Nonresidential.........................................
Structures...........................................
Equipment..........................................
Information processing
95.405 94.956
equipment..................................
Computers and peripheral
89.401 89.439
equipment..............................
O th e r..........................................
97.931 97.287
106.462 106.260
Industrial equipment.....................
98.304 98.233
Transportation equipment............
102.785 103.145
Other equipment...........................
103.816 103.859
Intellectual property products..........
98.368 98.606
Software 1......................................
111.261 111.159
Research and development.........
Entertainment, literary, and
99.488 99.235
artistic originals........................
104.088 105.546
Residential..............................................
40
41
6
-
II
1.0
1.4
1.6
1.2
0.3
2.4
3.6
1.8
1.3
1.1
1.7
1.3
1.1
- 2.2
-0 .7
1.6
0.7
-2.1
-0 .3
-
0.0
-3.3
- 2.0
0.9
1.2
-0.5
-6.3
-3.2
- 1.1
- 1.2
- 6.1
-1.9
-5 .4
- 0.1
-4.9
- 2.8
- 6.1
0.1
0.1
2.0
0.1
0.0
-0.9
-4.0
0.8
0./
0.5
13.2
1.9
1.9
1.8
2.1
1.3
7.7
-0 .3
-7.2
- 0.8
0.5
-2.7
-22.4
2.1
2.1
2.8
2.1
1.0
2.8
-
1.2
1.6
-
1.2
1.2
3.8
9
10
11
12
4.0
1.7
25.8
13
14
15
16
17
18
19
1.6
2.3
3.6
3.4
1.7
1.8
2.2
0.6
2.2
1.8
2.3
1.9
2.3
1.9
0.6
2.4
4.3
-12 .7
3.0
1.8
1.8
1.8
2.7
1.7
2.5
1.9
1.9
2.7
2.0
2.0
1.8
2.1
0.0
2.8
3.9
3.5
3.5
1.8
2.1
23
0.7
24
25
26
27
28
1.3
1.3
1.5
2.9
0.9
1.2
0.2
1.8
2.3
2.5
2.3
1.7
5.4
1.3
1.3
1.5
1.5
3.3
2.6
1.8
2.2
- 0.1
2.8
0.1
2.0
4.1
2.1
-0.7
0.0
- 2.0
2.6
-1.9
10.8
1.3
1.3
1.4
1.9
1.3
1.6
1.5
1.5
1.9
0.4
1.3
1.4
1.5
1.3
1.0
0.6
0.8
1.2
2.1
2.3
1.3
4.0
-0 .3
0.9
4.8
-0.5
1.6
-1 .9
1.3
2.8
1.4
1.5
1.6
- 0./
-1 .4
-
-1.9
-1 .5
0.0
- 1.0
0.6
-1.9
-1 .3
1.5
5.4
1.0
1.8
0.8
- 0.1
1.6
0.3
1.9
1.5
3.1
29
-
1.0
-
1.2
-
30
31
32
33
34
35
36
37
-4.1
0.3
2.9
1.9
1.3
-
2.1
0.8
1.7
1.6
- 0.1
2.8
3.0
3.8
2.9
-0 .7
7.3
38
39
-0 .5
0.7
0.4
0.9
1.2
0.1
1.0
1.1
1.5
3.2
-0 .4
-1.5
0.4
3.3
0.9
1.4
20
21
22
I
1.7
-0 .3
- 6.1
8
IV
2.3
- 1.6
-6.7
3.2
5.9
7
III
2013
2.2
3.4
1.4
3.1
3.4
0.7
1.8
- 0.6
-1.4
3.0
0.0
2.4
3.4
0.0
1.4
1.3
0.3
2.2
0.8
1.0
1.1
0.8
2.5
2.7
0.4
0.5
1.8
2.9
2.9
0.2
1.6
1.2
0.8
1.2
1.1
1.6
0.2
0.2
0.2
- 0.1
- 0.8
-
0.6
1.2
-
1.8
1.8
0.2
-
-
- 2.6
- 0.8
-0 .3
1.4
0.2
1.0
-0.4
1.0
-
1.0
4.0
6.3
5.7
0.3
1.4
0.2
0.6
0.8
0.9
2.4
0.1
0.7
0.7
0.5
1.3
0.9
4?
107.454
107.007
107.283
108.061
104.433
106.549
107.257
104.507
107.775
107.907
107.388
81.668
55 104.030 105.808 105.584 105.953 106.379 106.710
56 103.970 106.231 106.032 106.198 106.852 107.221
57 127.626 129.419 127.024 129.234 131.262 129.776
58 103.024 104.706 104.561 104.868 105.209 105.580
59 103.203 105.008 104.751 105.345 105.640 105.994
60 103.299 105.145 104.879 105.488 105.799 106.164
61 104.050 107.375 106.575 108.151 108.958 109.260
62 97.616 98.431 95.804 104.574 100.490 98.080
63 103.276 105.016 104.848 105.188 105.562 105.983
64 103.217 105.033 104.774 105.374 105.663 106.024
65 103.898 105.624 105.405 105.769 106.171 106.496
66 103.880 105.594 105.383 105.691 106.177 106.576
107.481
107.207
107.466
108.206
104.759
106.779
107.526
104.624
107.684
107.699
107.847
Government consumption expenditures
and gross investment..............................
Federal.........................................................
National defense....................................
Consumption expenditures..............
Gross investment...............................
Nondefense............................................
Consumption expenditures..............
Gross investment...............................
State and local............................................
Consumption expenditures..............
Gross investment...............................
Addenda:
Final sales of computers to domestic
80.964
purchasers 2...........................................
Gross domestic purchases excluding
final sales of computers to domestic
106.799
purchasers..............................................
107.326
Food 3..........................................................
Energy goods and services......................
125.620
Gross domestic purchases excluding
105.799
food and energy.....................................
106.192
Gross domestic product............................
Gross domestic product excluding
106.376
final sales of computers...............
108.885
Food 3.................................................
96.445
Energy goods and services.............
Gross domestic product excluding
106.264
food and energy............................
106.224
Final sales of domestic product...............
106.577
Final sales to domestic purchasers.........
Implicit price deflator for gross domestic
106.646
purchases 4 ............................................
1. Excludes software “embedded," or bundled, in computers and other equipment.
2. Some components of final sales of computers include computer parts.
3. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food
services.
Gross domestic purchases....................
Personal consumption expenditures.......
106.641 105.737
Goods..........................................................
95.487 95.015
Durable g oo ds........................................
110.707 111.043
Motor vehicles and p a rts ..................
Furnishings and durable household
93.438 92.769
equipment......................................
78.621 77.391
Recreational goods and vehicles....
104.015 104.012
Other durable goods.........................
112.264 111.122
Nondurable g oods.................................
Food and beverages purchased for
107.503 107.647
off-premises consumption...........
105.729 105.020
Clothing and footwear.......................
153.941 144.493
Gasoline and other energy g oo ds...
Other nondurable goods...................
105.316 105.372
107.060 107.539
Services.......................................................
107.422 107.814
Household consumption expenditures
105.162 105.991
Housing and utilities.........................
107.560 107.450
Health ca re .........................................
107.780 107.385
Transportation services....................
106.904 107.019
Recreation services..........................
108.194 109.074
Food services and accommodations
111.682 111.923
Financial services and insurance....
108.083 108.650
Other services...................................
Final consumption expenditures of
nonprofit institutions serving
98.674 101.228
households (NPISHs).......................
102.726
102.967
102.692
105.189
100.601
2012
2012
II
Gross domestic purchases...................
6 94.247
2011
43
44
45
46
47
48
49
50
51
52
53
2.8
2.7
2.8
3.2
3.0
1.7
54
-6.5
-5.0
-3.6
-2.5
55
56
57
2.4
3.6
15.7
1.7
1.0
2.2
0.7
-9 .3
7.1
58
59
1.7
1.6
1.5
1.2
1.3
2.0
1.7
1.8
2.3
1.1
1.4
1.3
60
61
62
2.0
1.8
1.8
2.3
1.2
1.4
0.8
4.2
3.2
42.0
3.0
-14.7
1.1
0.8
2.9
13.3
6.0
2.6
-9 .3
-1 .4
-6 .5
63
64
65
1.8
2.0
1.7
1.5
1.7
1.6
1.1
1.4
1.7
1.0
1.3
2.3
1.4
1.4
1.8
2.3
1.5
1.2
0.3
66
2.3
1.6
1.0
1.2
1.9
1.5
0.3
2.8
2.9
1.4
0.4
0.4
0.2
- 0.2
- 0.2
- 0.2
1.4
-1 .3
0.1
0.2
1.8
1.0
1.7
1.9
2.1
1.2
- 0.1
-0 .5
1.7
0.4
-0.3
- 0.8
1.7
-6.5
-4.3
-3.4
1.4
1.6
0.6
2.5
6.4
1.3
1.4
-4 .5
0.4
0.1
-0.5
1.9
2.8
3.2
1.4
0.3
0.4
-
12.2
0.8
0,7
1.1
0.8
1. Excludes software “embedded," or bundled, in computers and other equipment.
2. Some components of final sales of computers include computer parts.
3. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in
food services.
4. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.6.4.
August 2013
Survey
of
D-15
C u r r e n t B u sin ess
Table 1.7.1. Percent Change from Preceding Period in Real Gross Domestic
Product, Real Gross National Product, and Real Net National Product
Table 1.6.8. Contributions to Percent Change
in the Gross Domestic Purchases Price Index
[Percent]
Seasonally adjusted at annual rates
ine
2011
2012
2012
II
Seasonally adjusted at annual rates
2013
III
IV
I
Line
1
2.3
1.7
1.0
1.4
1.6
1.2
0.3
2
1.58
0.80
-0.07
0.06
1.23
0.28
-0.09
0.04
0.72
-0.26
-0.08
0.09
1.13
0.30
-0.16
- 0.02
1.08
0.16
-0.15
- 0.01
0.72
0.02
-0.77
-0.14
0.03
Percentage p oin ts at annual rates:
Personal consu m p tion expenditures
Goods...................................................
Durable goods................................
Motor vehicles and parts..........
Furnishings and durable
household equipment...........
Recreational goods and
vehicles..................................
Other durable goods..................
Nondurable g oods.........................
Food and beverages purchased
for off-premises consumption
Clothing and footw ear..............
Gasoline and other energy
goods .....................................
Other nondurable goods...........
S ervices..............................................
Household consumption
expenditures...............................
Housing and utilities.................
Healthcare.................................
Transportation services............
Recreation services...................
Food services and
accommodations...................
Financial services and
insurance................................
Other services...........................
Final consumption expenditures of
nonprofit institutions serving
households (NPISHs)...............
Gross private dom estic investm ent
Fixed investment.................................
Nonresidential................................
Structures...................................
Equipment..................................
Information processing
equipm ent.........................
Computers and peripheral
equipm ent.....................
O ther..................................
Industrial equipment.............
Transportation equipment....
Other equipm ent...................
Intellectual property products...
Software 1..............................
Research and development
Entertainment, literary, and
artistic o riginals................
Residential......................................
Change in private inventories...........
Farm................................................
Nonfarm...........................................
Governm ent consum ption
expenditures and g ross
investm ent..........................................
Federal................................................
National defense.............................
Consumption expenditures.......
Gross investment.......................
Nondefense....................................
Consumption expenditures.......
Gross investment.......................
State and local....................................
Consumption expenditures......
Gross investment.......................
Addenda:
Final sales of computers to domestic
purchasers 2...................................
Gross domestic purchases excluding
final sales of computers to
domestic purchasers.....................
Food 3..................................................
Energy goods and services..............
Gross domestic purchases excluding
food and ene rg y............................
3
4
5
6
7
8
9
0.00
-0.03
-0.14
0.03
0.87
10
11
12
13
14
-0.13
0.01
0.37
0.20
0.12
0.03
0.08
-
0.01
-
-0.13
-0.04
-0.17
- 0.12
0.04
0.09
0.02
0.00
-0.03
-0.05
4.4
1.4
1.9
0.3
1.9
2.1
2.1
2.0
2.3
1.3
1.3
1.5
1.2
1.1
1.0
1.0
1.4
1.4
1.4
0.1
0.00
Equals: Net national product....
0.46
0.31
-0.14
-0.62
0.04
0.09
0.04
0.07
0.03
0.03
-0.06
Addenda:
Gross domestic income 1 .........
Gross national income 2...........
Net domestic product................
Net domestic income 3 .............
Net domestic purchases...........
Gross national product, current
dollars.....................................
0.83
0.31
0.11
0.19
- 0.02
0.93
-0.19
-0.05
0.94
-0.60
0.88
0.97
0.30
0.25
0.05
0.05
0.62
0.38
-0.05
-0 .03
0.14
0.01
0.79
15
16
17
18
19
0.77
0.18
0.96
0.23
0.98
0.23
0.86
0.22
0.20
0.20
0.23
0.05
0.04
0.04
0.07
0.20
0.02
0.05
0.07
0.33
0.15
0.03
0.04
20
0.10
0.12
0.14
0.07
0.06
0.09
21
22
0.09
0.19
0.16
0.00
0.04
0.12
0.17
0.16
0.26
0.10
0.01
0.11
0.23
0.12
23
0.01
0.01
0.00
-0.03
0.04
-0.03
0.17
24
25
26
27
28
0.17
0.18
0.16
0.07
0.05
0.18
0.19
0.17
0.05
0.07
0.21
0.18
0.21
0.22
0.20
0.31
0.33
0.16
0.26
0.26
0.18
0.05
0.21
0.12
0.02
0.02
0.08
0.00
1.7
Equals: Gross national product
Less: Consumption of fixed capital
Private..........................................
Government...........................
General government
Government enterprises...
-0.13
-0.34
0.03
0.98
0.1
7.4
0.00
0.08
0.09
0.95
1.2
-2 .4
- 0.10
0.54
0.09
0.78
2013
-10.4
0.11
0.00
-
1.8
Gross domestic product............
Plus: Income receipts from the
rest of the w o rld.........................
Less: Income payments to the rest
of the w o rld .................................
0.00
0.01
0.6
-0 .4
4.9
5.0
-
-
1.1
-
0.2
1.6
1.1
0.9
5.4
-0.9
2.5
3.2
1.8
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Gross national income deflated by the implicit price deflator for gross national product.
3. Net domestic income deflated by the implicit price deflator for net domestic product.
0.01
Table 1.7.3. Real Gross Domestic Product, Real Gross National Product,
and Real Net National Product, Quantity Indexes
[Index numbers, 2009=100]
-
0.09
0.03
0.08
0.10
0.10
0.12
- 0.02
-0.03
29
-
0.02
-
0.02
-0.03
- 0.01
-
0.02
-0.03
30
31
32
33
34
35
36
37
-
0.02
0.00
- 0.01
- 0.01
- 0.01
- 0.02
- 0.01
- 0.02
0.03
0.02
0.02
0.02
0.03
0.04
0.05
0.02
0.00
0.00
- 0.01
0.01
0.04
0.04
0.03
-0.03
0.05
0.07
0.00
- 0.02
0.01
0.00
0.00
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
0.05
0.00
0.05
0.00
0.02
- 0.01
- 0.01
0.01
0.56
- 0.01
0.06
0.00
0.02
0.00
- 0.01
0.00
0.03
0.11
- 0.01
0.11
0.01
0.03
- 0.01
-
0.00
0.01
0.24
0.06
0.05
0.04
0.06
0.06
0.06
0.04
0.01
0.01
0.01
0.01
0.00
0.34
0.28
0.06
0.02
0.01
0.00
0.00
- 0.01
0.06
-0.07
0.06
-0.06
-0.04
-0.03
0.22
0.15
0.12
0.02
0.07
0.06
0.18
0.11
0.02
0.02
- 0.02
- 0.02
0.00
0.01
0.00
0.11
0.02
0.09
-
0.02
0.01
-0.03
0.06
0.01
0.02
0.02
0.00
- 0.01
0.00
0.00
-
-0.03
0.00
-0.03
- 0.01
0.07
0.03
0.05
0.00
0.02
0.01
0.02
- 0.01
0.00
0.00
0.17
0.16
0.03
0.02
0.00
0.02
-0.03
0.00
- 0.01
0.00
0.25
0.04
0.04
0.05
0.17
0.18
0.13
0.02
0.05
0.03
0.12
0.01
0.02
0.01
0.02
0.02
0.00
- 0.01
-
0.05
0.00
0.00
0.00
0.21
0.01
0.19
0.03
0.02
-0.04
0.03
-0.04
-0.07
0.03
-0.05
-0.04
-0.03
0.05
0.04
0.01
- 0.01
Seasonally adjusted
Line
2011
2012
2012
II
Gross domestic product............
Plus: Income receipts from the
rest of the w o rld .........................
Less: Income payments to the rest
-
0.02
58
2.38
0.18
0.55
1.59
1.69
1.02
0.11
0.04
-0.39
0.05
1.49
1.33
1.39
0.04
0.25
1.09
1.61
0.13
0.23
1.20
1.24
0.07
-0.16
95.701
4 104.954
5 101.842
6 101.196
7 104.630
8 104.618
9 104.721
98.152
96.656
107.744 107.491
103.610 103.384
103.025 102.782
106.138 105.981
106.103 105.950
106.393 106.208
1.29
which are classified in food
98.837
99.077
108.408
104.849 105.388
104.373 104.973
106.905 107.184
106.852 107.118
107.293 107.664
10 105.552 108.537 108.279 108.967 108.987 109.091
11 104.898 108.019 107.707 108.498 108.451 108.717 109.148
12 105.197 108.081 107.819 108.592 108.337 108.679 109.348
Table 1.7.4. Price Indexes for Gross Domestic Product,
Gross National Product, and Net National Product
[Index numbers, 2009=100]
Seasonally adjusted
Line
2011
2012
2012
III
2013
IV
I
II
1 103.203 105.008 104.751 105.345 105.640 105.994 106.192
9 114.077
116.025
115.750
116.174
116.626
116.985
S 114.075
116.085
115.795
116.251
116.721
117.063
4 103.327
5 101.682
6 101.322
7 103.218
8 103.155
9 103.682
105.131 104.874 105.465 105.762 106.116
103.626 103.482 103.898 104.220 104.859
103.294 103.122 103.585 103.950 104.652
105.046 105.018 105.240 105.380 105.752
104.855 104.850 105.034 105.137 105.333
106.466 106.267 106.771 107.185 108.857
Less: Income payments to the rest
-0.48
0.76
97.781
108.143 108.237
103.840 104.324
103.267 103.792
106.314 106.622
106.276 106.577
106.592 106.955
Equals: Net national product....
0.33
0.02
II
Addenda:
Net domestic product................
Net domestic purchases...........
Gross domestic product............
Plus: Income receipts from the
55
56
57
2013
I
IV
2 109.330 109.605 109.312 108.584 110.534 107.999
3
Equals: Gross national product
Less: Consumption of fixed capital
Private..........................................
Government................................
General government.............
Government enterprises.......
III
1 104.400 107.302 107.003 107.741 107.780 108.087 108.536
II
54
1. Excludes software “embedded," or bundled, in computers and other equipment.
2. Some components of final sales of computers include computer parts.
3. Food excludes personal consumption expenditures for purchased meals and
services.
0.02
- 0.22
-0.08
2012
2012
II
Percent change at annual rate:
Gross dom estic p u rc h a s e s ...........
2011
II
Equals: Gross national product
Less: Consumption of fixed capital
Private..........................................
Government................................
General government.............
Government enterprises......
105.418
105.271
106.055
105.591
109.501
10 103.641 105.420 105.142 105.765 106.057 106.358
Addenda:
Net domestic product................
Net domestic purchases...........
11 103.498 105.277 104.998 105.626 105.916 106.216 106.346
12 104.296 105.969 105.739 106.088 106.512 106.770 106.762
D-16
National Data
August 2013
Table 1.7.5. Relation of Gross Domestic Product, Gross National Product,
Net National Product, National Income, and Personal Income
Table 1.7.6. Relation of Real Gross Domestic Product, Real Gross National
Product, and Real Net National Product, Chained Dollars
[Billions of dollars]
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
G ross dom estic p ro d u c t..........
Plus: Income receipts from the
rest of the world.......................
Less: Income payments to the
rest of the world.......................
Equals: G ross national
p ro d u c t....................................
Less: Consumption of fixed
capital........................................
Private.......................................
Domestic business.............
Capital consumption
allowances...................
Less: Capital
consumption
adjustment...................
Households and institutions
Government..............................
General government...........
Government enterprises....
III
IV
I
802.8
818.6
814.4
812.0
829.8
813.3
3
542.1
565.7
555.7
564.4
572.8
575.9
7
2,452.6
1,974.4
1,571.6
2,542.9
2,049.3
1,639.4
2,533.7
2,041.0
1,633.7
2,555.1
2,059.8
1,648.4
2,575.0
2,077.6
1,661.4
2,603.8
2,103.3
1,680.6
2,631.2
2,127.9
1,697.9
8
1,837.2
1,595.0
1,588.3
1,600.2
1,614.1
1,650.6
1,666.7
6
9
13
265.7
402.9
478.1
421.2
57.0
-44 .4
409.9
493.6
434.2
59.4
-45.5
407.2
492.7
433.5
59.2
-48.2
411.4
495.3
435.6
59.7
-47.3
416.2
497.4
437.3
60.2
-30.0
422.7
500.5
439.2
61.3
14 13,342.0 13,954.6 13,885.5 14,048.5 14,102.3 14,168.9
Less: S tatistical discrepancy
15
Equals: National in com e..........
Less:
Corporate profits with
inventory valuation and
capital consumption
adjustments.........................
Taxes on production and
imports less subsidies........
Contributions for government
social insurance, domestic
Net interest and
miscellaneous payments on
assets...................................
Business current transfer
payments (net).....................
Current surplus of government
enterprises..........................
Plus: Personal income receipts
on assets..................................
Plus: Personal current transfer
16 13,395.7 13,971.6 13,875.3 13,962.1 14,204.0 14,313.1
-53 .7
-17.0
10.1
86.4
-101.7
-31.2
430.0
503.3
441.4
61.9
-144.2
2013
I
IV
II
1 15,052.4 15,470.7 15,427.7 15,534.0 15,539.6 15,583.9 15,648.7
?
703.8
705.5
703.6
698 9
711 5
695.2
3
475.2
487.3
479.9
485.5
490 7
491.9
4 15,286.7 15,693.1 15,656.2 15,751.1 15,764.8 15,789.7
5
6
7
8
9
2,412.0
1,948.7
463.2
408.3
55.0
2,453.9
1,983.9
469.9
414.1
55.8
2,448.5
1,979.2
469.2
413.5
55.7
2,459.3
1,988.6
470.7
414.7
55.9
2,470.8
1,998.7
472.0
415.9
56.1
2,483.2
2,009.9
473.3
417.0
56.3
2,496.0
2,021.4
474.5
418.0
56.5
10 12,873.9 13,238.0 13,206.5 13,290.5 13,292.9 13,305.5
Addenda:
11 15,104.3 15,487.0 15,418.0 15,451.9 15,636 0 15,719.8
Net domestic product..............
Net domestic income 3 ...........
Net domestic purchases.........
1?
13
14
15
15,338.7
12,639.8
12,691.6
13,088.4
15,709.2
13,015.8
13.032.0
13.447.1
15,646.6
12,978.2
12.968.6
13.414.6
15,669 1
13,073.6
12,991.7
13,510.7
15 861 0
13,067.9
13,163.9
13,479.0
15,925.5
13,099.9 13,151.9
13,235.5
13,521.6 13,604.9
1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Gross national income deflated by the implicit price deflator for gross national product.
3. Net domestic income deflated by the implicit price deflator for net domestic product.
N ote . Except as noted in footnotes 1, 2 and 3, chained (2009) dollar series are calculated as the product of the chaintype quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for
the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are
usually not additive.
2,020.6
1,877.7
2,009.5
1,998.4
2,012.3
2,047.2
18
1,037.2
1,065.6
1,064.6
1,062.8
1,068.6
1,082.7
1,079.4
19
918.2
950.7
945.1
947.4
967.9
1,092.3
1,099.6
20
456.9
439.6
419.0
455.3
430.3
477.0
450.2
Table 1.8.3. Command-Basis Real Gross Domestic Product
and Gross National Product, Quantity Indexes
21
129.6
106.9
110.0
102.6
99.5
121.9
125.7
[Index numbers, 2009=100]
22
-23.8
-27.7
-26.1
-28.5
-31 .8
-35.5
-38.9
23
1,884.6
1,958.5
1,935.3
1,926.9
2,062.8
1,935.8
1,998.8
Seasonally adjusted
Line
2,306.9
2,358.3
2,352.2
2,364.4
2,388.0
2,426.0
2011
2012
II
25 13,191.3 13,743.8 13,651.8 13,701.6 14,073.1 13,916.0 14,056.1
26
27
28
29
30
31
32
15,587.5
15,848.3
14,705.2
13,081.3
13,134.9
12,252.7
13,650.0
16,261.6
16,514.5
15,369.6
13,701.7
13,718.8
12,826.8
14,248.9
16,150.3
16,409.0
15,260.6
13,626.7
13,616.6
12,726.9
14,184.6
16,269.6
16,517.2
15,380.4
13,800.9
13,714.5
12,825.3
14,325.3
16,522.0
16,779.1
15,642.8
13,845.3
13,947.0
13,067.8
14,361.1
2012
2013
2,430.3
16,679.5
16,916.9
15,747.8
13,931.5 14,002.2
14,075.7
13,144.0
14,454.6 14,540.7
1. Consists of compensation of employees, proprietors’ income with inventory valuation adjustment (IVA) and capital
consumption adjustment (CCAdj), rental income of persons with CCAdj, corporate profits with IVA and CCAdj, net interest
and miscellaneous payments, and consumption of fixed capital.
2. Consists of gross national factor income less consumption of fixed capital.
Equals: G ross national
p ro d u c t....................................
Less: Consumption of fixed
capital........................................
Private.......................................
Government..............................
General government...........
Government enterprises....
III
17
24
Equals: Personal in co m e .........
Gross dom estic p ro d u c t..........
Plus: Income receipts from the
Equals: Net national pro du ct ...
10
11
12
2012
II
Less: Income payments to the
rest of the w o rld .......................
4 15,794.6 16,497.4 16,419.2 16,603.7 16,677.3 16,772.7
5
2012
II
1 15,533.8 16,244.6 16,160.4 16,356.0 16,420.3 16,535.3 16,633.4
2
Equals: Net n ational product...
Addenda:
Gross domestic incom e..........
Gross national income............
Gross national factor income 1
Net domestic product.............
Net domestic income..............
Net national factor income 2...
Net domestic purchases.........
Seasonally adjusted at annual rates
2011
Line
2013
Gross dom estic p ro d u c t............
Less: Exports of goods and
services......................................
Plus: Imports of goods and
services......................................
Equals: G ross d om estic
purcha ses..................................
Plus: Exports of goods and
services, command b a s is ' .......
Less: Imports of goods and
services, command basis 1.......
Equals: Command-basis gross
dom estic p ro d u c t 12 ..............
Plus: Income receipts from the
rest of the world, command
III
IV
I
II
1 104.400 107.302 107.003 107.741 107.780 108.087 108.536
2 119.367 123.590 123.738 123.851 124.196 123.781 125.414
3 118.239
120.860
4 104.666
5 127.705
121.207
121.358
120.398
120.584
123.362
107.374
107.118
107.841
107.702
108.073 108.722
131.297
131.677
131.335
131.697
131.333
132.004
6 130.064 131.461 132.338 130.370 130.155 130.136 131.388
7 103.711
106.695
106.361
107.283 107.291
107.721
108.278
8 120.058 120.425 120.082 119315 121 462 118.688
Less: Income payments to the rest
of the world, command basis 1
Equals: Com m and-basis gross
national p ro d u c t 1-3................
Addenda:
Command-basis net domestic
p ro du ct 4.................................
Net domestic product................
Command-basis net national
pro du ct 4.................................
Net national product...................
Percent change from
preceding period
(seasonally adjusted at
annual rates):
Real gross domestic product
Command-basis gross
domestic product..............
Real gross national product
Command-basis gross
national product................
9 105.090
m
104.387
107.898
106.206
107.498
107.261
106.973 107.807
108.681
108.938
107.870 108.164
11 104.091 107.306 106.952 107.963 107.879 108.289 108.846
12 104.898 108.019 107.707 108.498 108.451 108.717 109.148
13 104.884
14 105.552
107.967
108.537
107.668
108.279
15
1.8
2.8
1.2
2.8
0.1
1.1
1.7
16
17
1.5
2.9
2.7
2.0
0.3
1.6
0.6
2.1
1.4
3.5
2.4
0.0
2.1
18
1.8
2.8
2.2
3.2
0.2
1.1
108.575 108 557
108.967 108.987
1. Deflator is the gross domestic purchases price index.
2. This measure is called “real gross domestic income” in the System of National Accounts, 2008.
3. This measure is called “real gross national income” in the System of National Accounts, 2008.
4. Deflator is the net domestic purchases price index.
108.806
109.091
August 2013
Survey
of
D-17
C u r r e n t B usin ess
Table 1.8.6. Command-Basis Real Gross Domestic Product and Gross National Product, Chained Dollars
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Gross domestic product..............................................................................................................
Less: Exports of goods and services............................................................................................
Plus: Imports of goods and services.............................................................................................
1
2
3
III
2013
IV
I
II
15,052.4
1,890.5
2,336.4
15,470.7
1,957.4
2,388.2
15,427.7
1,959.8
2,395.1
15,534.0
1,961.6
2,398.0
15,539.6
1,967.0
2,379.1
15,583.9
1,960.5
2,382.7
15,648.7
1,986.3
2,437.6
Equals: Gross domestic purchases..........................................................................................
Plus: Exports of goods and services, command basis 1............................................................
Less: Imports of goods and services, command basis 1...........................................................
4
5
6
15,501.1
2,022.6
2,570.1
15,902.3
2,079.5
2,597.7
15,864.4
2,085.2
2,614.5
15,971.4
2,079.8
2,575.6
15,950.8
2,085.5
2,571.4
16,005.8
2,079.7
2,571.0
16,101.8
2,090.3
2,595.8
Equals: Command-basis gross domestic product12 ..........................................................
Plus: Income receipts from the rest of the world, command basis 1........................................
Less: Income payments to the rest of the world, command basis 1..........................................
7
R
q
14,953.0
772.8
521.8
15,383.2
775.2
535.7
15,335.0
772.9
527.3
15,467.9
767.9
533.7
15,469.0
781.7
539.6
15,531.0
763.9
540.9
15,611.3
m
15,204.1
15,622.7
15,580.5
15,702.1
15,711.1
15,754.0
11
12
12,929.9
13,015.8
13,168.5
13,238.0
12,887.1
12,978.2
13,131.8
13,206.5
13,008.9
13,073.6
13,242.3
13,290.5
12,998.9
13,067.9
13,240.2
13,292.9
13,048.2
13,099.9
13,270.6
13,305.5
13,115.4
13,151.9
99.440
97.669
97.135
107.032
99.400
97.470
96.873
106.810
99.625
98.718
98.350
107.275
99.520
98.098
97.546
107.144
99.556
98.320
97.672
107.312
99.667
98.833
98.074
106.682
Equals: Command-basis gross national product1,3............................................................
Addenda:
Command-basis net domestic product 4..................................................................................
Net domestic product..................................................................................................................
Command-basis net national p roduct 4....................................................................................
Net national product....................................................................................................................
13
14
12,542.5
12,639.8
12,792.5
12,873.9
Trade indexes (seasonally adjusted):
Trading gains index 5..............................................................................................................
Terms of trade index 6............................................................................................................
Terms of trade, goods 7......................................................................................................
Terms of trade, nonpetroleum goods 8.............................................................................
1b
16
17
18
99.344
97.259
97.275
106.753
1. Uses gross domestic purchases price index as deflator.
2. This measure is called “real gross domestic income" in the System of National Accounts, 2008.
3. This measure is called “real gross national income” in the System of National Accounts, 2008.
4. Uses net domestic purchases price index as deflator.
5. Ratio (multiplied by 100) of price index for gross domestic product to the price index for gross domestic purchases.
6. Ratio (multiplied by 100) of the price index for exports of goods and services to the price index for imports of goods and services.
7. Ratio (multiplied by 100) of the price index for goods exports to the price index for goods imports.
8. Ratio (multiplied by 100) of the price index for goods exports to the price index for nonpetroleum goods imports.
Table 1.10. Gross Domestic Income by Type of Income
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
III
2013
IV
I
II
Gross domestic incom e......................................................................................................
1
15,587.5
16,261.6
16,150.3
16,269.6
16,522.0
16,679.5
Compensation of employees, paid............................................................................................
Wages and salaries.....................................................................................................................
To persons.......................
To the rest of the world....
Supplements to wages and salaries
2
3
4
5
8,620.0
6,935.1
6,920.5
14.6
1,684.9
8,562.6
6,882.3
6,867.3
15.0
1,680.3
8,599.5
6,913.2
6,898.4
14.8
1,686.2
8,795.5
7,094.6
7,080.0
14.6
1,700.9
8,744.7
7,037.5
7,023.2
14.4
1,707.2
8,813.7
7,097.8
6
8,286.6
6,646.8
6,632.6
14.2
1,639.8
Taxes on production and imports
7
1,097.1
1,122.9
1,122.2
1,118.8
1,126.3
1,140.7
1,138.3
Less: Subsidies..............................................................................................................................
8
60.0
57.3
57.6
56.0
57.7
58.0
58.8
Net operating surplus...................................................................................................................
q
3,811.2
3,834.9
624.6
129.6
1,155.1
484.4
Business current transfer payments (n e t)............................................................................
Proprietors' income with inventory valuation and capital consumption adjustments......
Rental income of persons with capital consumption adjustment.....................................
Corporate profits with inventory valuation and capital consumption adjustments,
11
12
13
14
1S
Profits after tax with inventory valuation and capital consumption adjustments
1,715.9
4,248.2
4,033.2
3.989.4
4,052.2
4,083.0
Private
enterprises......................................................................................................................
4,080.7
4,283.7
4,060.9
4.015.5
4,114.8
597.4
611.7
580.8
583.3
630.3
106.9
110.0
102.6
99.5
121.9
125.7
1,334.9
1,224.9
1,217.8
1,220.0
1,247.5
1,334.6
541.2
546.7
555.4
537.8
574.9
585.8
1,441.2
374.2
1,067.0
545.1
1,590.5
434.8
1,155.7
613.6
1,569.1
429.7
1,139.4
572.5
1,599.8
439.1
1,160.7
577.3
1,629.1
433.2
1,196.0
735.3
1,622.1
408.2
1,213.8
616.6
521.8
-23.8
542.2
-27.7
566.9
-26.1
583.4
-28.5
460.7
-31.8
597.3
-35.5
-38.9
23
2,452.6
1,974.4
478.1
2,542.9
2,049.3
493.6
2,533.7
2,041.0
492.7
2,555.1
2,059.8
495.3
2,575.0
2,077.6
497.4
2,603.8
2,103.3
500.5
2,631.2
2,127.9
503.3
24
-53.7
-17.0
10.1
86.4
-101.7
-144.2
16
17
18
Undistributed corporate profits with inventory valuation and capital consumption
19
Current surplus of government enterprises.............................................................................
Consumption of fixed capital......................................................................................................
Private...........................................................................................................................................
Government.................................................................................................................................
20
21
22
Addendum:
m
D-18
National Data
August 2013
Table 1.12. National Income by Type of Income
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
National incom e......................
........................................................
Compensation of employees
Wages and salaries..........
G overnment..................
O ther.........................................................................................................................................
Supplements to wages and salaries.........................................................................................
Employer contributions for employee pension and insurance funds 1..............................
Employer contributions for government social insurance..................................................
Proprietors’ income with IVA and CCA dj.................................................................................
Farm...............................................................................................................................................
N onfarm ........................................................................................................................................
Rental income of persons with CCAdj
Corporate profits with IVA and CCAdj
Profits after tax with IVA and CCAdj..........................................................................................
Net dividends...........................................................................................................................
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
III
2013
IV
I
II
13,395.7
13,971.6
13,875.3
13,962.1
14,204.0
14,313.1
8,278.5
6,638.7
1,194.4
5,444.3
1,639.8
1,145.4
494.4
8,611.6
6,926.8
1,197.3
5,729.4
1,684.9
1,170.6
514.3
8,553.8
6,873.5
1,195.5
5,678.0
1,680.3
1,169.1
511.2
8,591.0
6,904.7
1,195.1
5,709.7
1,686.2
1,174.1
512.2
8,787.4
7,086.6
1,199.3
5,887.2
1,700.9
1,176.8
524.0
8,736.9
7,029.7
1,195.8
5,833.9
1,707.2
1,182.1
525.0
8,805.9
7,090.0
1,194.5
5,895.5
1,715.9
1,187.7
528.3
1,155.1
72.6
1,082.6
1,224.9
75.4
1,149.6
1,217.8
77.0
1,140.8
1,220.0
75.3
1,144.7
1,247.5
74.5
1,173.0
1,334.6
137.0
1,197.6
1,334.9
120.7
1,214.2
585.8
484.4
541.2
537.8
546.7
555.4
574.9
1,877.7
374.2
1,503.5
701.6
801.9
2,009.5
434.8
1,574.7
770.3
804.3
1,998.4
429.7
1,568.7
739.6
829.1
2,012.3
439.1
1,573.2
746.7
826.5
2,047.2
433.2
1,614.0
867.6
746.4
2,020.6
408.2
1,612.3
763.8
848 5
1,036.2
Net interest and miscellaneous paym ents..............................................................................
18
456.9
439.6
419.0
455.3
430.3
477.0
450.2
Taxes on production and imports..............................................................................................
19
1,097.1
1,122.9
1,122.2
1,118.8
1,126.3
1,140.7
1,138.3
Less: Subsidies..............................................................................................................................
20
21
22
Business current transfer payments (net)
To persons (net).........................................
To government (net)..................................
To the rest of the world (n e t)....................
Current surplus of government enterprises............................................................................
Addenda for corporate cash flow:
Net cash flow with IVA.................................................................................................................
Consumption of fixed capital..................................................................................................
Addenda:
Proprietors’ income with IVA and CCAdj..................................................................................
Farm..........................................................................................................................................
Proprietors’ income with IVA.............................................................................................
Capital consumption adjustment.......................................................................................
Nonfarm .................................................
Proprietors’ income (without IVA and C C A dj).................................................................
Inventory valuation adjustm ent.........................................................................................
Capital consumption adjustment....
Rental income of persons with CCAdj....
Rental income of persons (without CCAdj).........................................................................
Capital consumption adjustment...........................................................................................
Corporate profits with IVA and CCAdj
.................................................................................
Corporate profits with IVA ....................
Profits before tax (without IVA and CCAdj).....................................................................
Taxes on corporate income...........................................................................................
Profits after tax (without IVA and CCAdj)....................................................................
Net dividends...........................
Undistributed profits (without IVA and CCAdj).......................................................
Inventory valuation adjustment
.................................................................................
Capital consumption adjustment...........................................................................................
60.0
57.3
57.6
56.0
57.7
58.0
58.8
106.9
41.4
70.6
-5.1
110.0
41.7
75.1
- 6.8
102.6
40.6
23
24
129.6
46.7
90.1
-7.2
121.9
44.0
75.7
-4.2
99.5
40.1
59.7
- 0.2
2.2
125.7
44.4
79.9
1.4
25
-23.8
-27.7
-26.1
-28.5
-31.8
-35.5
-38.9
W
?7
28
29
2,146.7
801.9
1,306.0
-38.8
2,177.1
804.3
1,365.7
-7.1
2,197.8
829.1
1,361.2
-7 .5
2,209.1
826.5
1,373.6
-9.0
2,117.9
746.4
1,384.4
12.9
2,258.6
848 5
1,400.4
-9.6
30
31
32
33
34
35
36
3/
38
39
40
41
42
43
44
45
46
47
48
49
1,155.1
72.6
78.5
-5.9
1,082.6
892.2
- 8.8
199.2
484.4
498.3
-14.0
1,877.7
1.791.3
1.847.4
374.2
1,473.1
701.6
771.6
-56.0
86.4
1,224.9
75.4
81.3
-5 .9
1,149.6
1,004.9
- 1.6
146.2
541.2
555.3
-14.1
2,009.5
2,180.0
2,190.0
434.8
1,755.2
770.3
984.9
- 10.0
-170.5
1,217.8
77.0
83.0
- 6.0
1,140.8
991.8
3.2
145.7
537.8
551.7
-13.9
1,998.4
2,169.8
2,160.0
429.7
1,730.3
739.6
990.7
9.8
-171.4
1,220.0
1,247.5
74.5
80.3
-5.9
1,173.0
1,027.9
-1.9
147.0
555.4
569.9
-14.6
2,047.2
2,221.1
2,229.5
433.2
1,796.4
867.6
928.7
-8 .4
-173.9
1,334.6
137.0
142.9
-5 .8
1,197.6
1,049.8
-2.5
150.3
574.9
589.9
-15.0
2,020.6
2,180.0
2,193.1
408.2
1,784.8
763.8
1,021.0
-13.0
-159.5
66.2
75.3
81.2
-5 .9
1,144.7
1,004.3
-5 .7
146.1
546.7
560.9
-14.2
2,012.3
2,186.6
2,208.5
439.1
1,769.4
746.7
1,022.7
- 22.0
-174.2
1.414.7
1,334.9
120.7
126.6
-5.8
1,214.2
1,062.3
2.2
149.7
585.8
601.2
-15.4
1,036.2
-159.6
IVA Inventory valuation adjustment
CCAd] Capital consumption adjustment
1. Includes actual employer contributions and actuarially imputed employer contributions to reflect benefits accrued by defined benefit pension plan participants through service to employers in the current period.
August 2013
Survey
of
D-19
C u r r e n t B usin ess
Table 1.14. Gross Value Added of Domestic Corporate Business in Current Dollars and Gross Value Added
of Nonfinancial Domestic Corporate Business in Current and Chained Dollars
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
G ross value added o f corporate business 1......................
Consumption of fixed capital.............................................................
Net value added..........................................
Compensation of employees................
Wages and salaries...........................
Supplements to wages and salaries
Taxes on production and imports less subsidies........................
Net operating surplus.............................
Net interest and miscellaneous paym ents.............................
Business current transfer payments (n e t)...............................
Corporate profits with IVA and CCAdj
Taxes on corporate income..........
Profits after tax with IVA and CCAdj
Net dividends............................
Undistributed profits with IVA and CCAdj.......................
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
8,636.2
1,306.0
7,330.2
4,952.7
4,107.4
845.3
718.4
1,659.2
109.9
108.1
1,441.2
374.2
1,067.0
545.1
521.8
9,089.7
1,365.7
7,724.0
5,202.9
4,331.4
871.5
740.5
1,780.6
110.7
79.4
1,590.5
434.8
1,155.7
613.6
542.2
9,018.3
1,361.2
7,657.1
5,156.6
4,292.9
863.8
739.3
1,761.2
110.2
81.9
1,569.1
429.7
1,139.4
572.5
566.9
2013
III
IV
9,082.8
1,373.6
7,709.2
5,185.1
4,316.6
868.5
738.3
1,785.8
111.3
74.6
1,599.8
439.1
1,160.7
577.3
583.4
9,287.1
1,384.4
7,902.7
5,345.7
4,450.3
895.4
743.0
1,814.1
112.8
72.1
1,629.1
433.2
1,196.0
735.3
460.7
I
9,284.0
1,400.4
7,883.6
5,293.4
4,406.7
886.7
753.3
1,836.9
119.8
95.0
1,622.1
408.2
1,213.8
616.6
597.3
II
1,414.7
5,347.1
4,455.3
891.9
751.8
98.1
1....
16
999.8
1,058.8
1,011.3
1,079.9
1,123.4
1,126.6
G ross value added o f nonfinancial corporate business
Consumption of fixed capital.............................................................
Net value added..................................................................................
Compensation of employees....
Wages and salaries...............
Supplements to wages and salaries.......................................
Taxes on production and imports less subsidies........................
Net operating surplus................
Net interest and miscellaneous paym ents..............................
Business current transfer payments (n e t)...............................
Corporate profits with IVA and CCAdj.....................................
Taxes on corporate income
Profits after tax with IVA and CCAdj....................................
Net dividends.....................................................................
Undistributed profits with IVA and CCAdj.......................
17
18
19
23
24
25
26
27
28
29
30
31
7,636.4
1,135.8
6,500.6
4,374.3
3,624.7
749.6
664.2
1,462.1
287.2
89.3
1,085.6
222.3
863.3
440.3
423.0
8,030.8
1,188.2
6,842.7
4,600.8
3,824.8
776.0
685.3
1,556.5
295.5
92.5
1,168.5
256.9
911.6
478.8
432.8
8,007.0
1,184.1
6,822.9
4,570.5
3,799.9
770.6
684.8
1,567.6
294.7
96.3
1,176.7
257.8
918.9
457.5
461.4
8,002.9
1,195.2
6,807.7
4,589.1
3,815.2
773.9
683.2
1,535.3
297.2
89.7
1,148.4
249.1
899.4
461.2
438.1
8,163.8
1,204.7
6,959.1
4,694.5
3,901.7
792.8
687.6
1,577.0
299.3
84.3
1,193.4
268.4
925.0
540.4
384.6
8,157.4
1,218.5
6,938.9
4,648.6
3,863.5
785.1
697.3
1,593.0
322.5
80.1
1,190.3
266.6
923.7
483.3
440.5
Corporate business:
Profits before tax (without IVA and C C A dj)............................
Profits after tax (without IVA and CCAdj)................................
Undistributed profits after tax (without IVA and C C A dj)........
Inventory valuation adjustment................................................
Capital consumption adjustment..............................................
32
33
34
35
36
1,410.8
1,036.6
491.4
-56.0
86.4
1,771.1
1,336.3
722.7
- 10.0
-170.5
1,730.7
1,301.0
728.4
9.8
-171.4
1,796.0
1,356.9
779.6
- 22.0
-174.2
1,811.5
1,378.3
643.0
-8 .4
-173.9
1,794.6
1,386.3
769.8
-13.0
-159.5
-159.6
N onfinancial corporate business:
Profits before tax (without IVA and C C Adj)............................
Profits after tax (without IVA and CCAdj)................................
Inventory valuation adjustm ent................................................
Capital consumption adjustment..............................................
37
38
39
40
1,026.7
804.4
-56.0
114.9
1,293.7
1,036.8
- 10.0
-115.1
1,282.9
1,025.1
9.8
-116.1
1,288.8
1,039.7
- 22.0
-118.4
1,319.4
1,051.0
-8 .4
-117.6
1,307.7
1,041.1
-13 .0
-104.3
-104.0
Gross value added o f financial corporate business
20
21
22
1,230.6
4,695.8
3,906.1
789.7
695.9
82.7
Addenda:
Value added, in billions of chained (2009) dollars:
Gross value added of nonfinancial corporate business 2..
Consumption of fixed c a p ita l 3................................................
Net value added 4.....................................................................
41
42
43
7,464.6
1,110.1
6,354.5
7,743.2
1,136.0
6,607.1
7,740.1
1,132.3
6,607.8
7,701.5
1,139.4
6,562.2
7,821.0
1,147.1
6,673.9
7,789.8
1,156.0
6,633.8
1,165.1
1. Estimates for financial corporate business and nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are
based on the North American Industry Classification System (NAICS).
2. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available,
the chain-type price index for GDP goods and structures is used.
3. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by
100.
4. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross product and the consumption of fixed capital.
IVA Invento^ valuation adjustment
CCAdj Capital consumption adjustment
D-20
National Data
August 2013
Table 1.15. Price, Costs, and Profit Per Unit of Real Gross Value Added of Nonfinancial Domestic Corporate Business
[Dollars]
Seasonally adjusted
Line
2012
2011
2012
2013
IV
Price per unit of real gross value added of nonfinancial corporate business 1.......................
1.023
1.037
1.034
1.039
1.044
1.047
Compensation of employees (unit labor cost).................................................................................
0.586
0.594
0.590
0.596
0.600
0.597
Unit nonlabor c o s t..................................................................................................................................
Consumption of fixed capital................................................................................................................
Taxes on production and imports less subsidies plus business current transfer payments (net)
Net interest and miscellaneous payments.........................................................................................
0.291
0.152
0.101
0.038
0.291
0.153
0.292
0.153
0.294
0.155
0.101
0.100
0.038
0.038
0.039
0.291
0.154
0.099
0.038
0.297
0.156
0.100
Corporate profits with IVA and CCAdj (unit profits from current production)..........................
Taxes on corporate incom e..................................................................................................................
Profits after tax with IVA and CCAdj....................................................................................................
0.145
0.030
0.116
0.151
0.033
0.118
0.152
0.033
0.119
0.149
0.032
0.117
0.153
0.034
0.118
0.153
0.034
0.119
0.100
0.041
1.
The implicit price deflator for gross value added of nonfinancial corporate business divided by 100. Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS).
N ote . The current-dollar gross value added Is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not avail
able, the chain-type price index for GDP goods and structures is used.
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment
Table 1.17.1. Percent Change From Preceding Period in Real Gross Domestic Product,
Real Gross Domestic Income, and Other Major NIPA Aggregates
[Percent]
Seasonally adjusted at annual rates
Line
2012
2011
2012
II
Production in the United States:
Gross domestic product...........................................................................................................................
Gross domestic income
Net domestic p ro d u ct 1
Net domestic income 1
Production by labor and capital supplied by U.S. residents:
Gross national product.............................................................................................................................
Net national p ro du ct 1..............................................................................................................................
Final expenditures by U.S. residents:
Gross domestic purchases.....................................................................................................................
Final sales to domestic purchasers 2.
Purchasing power of inco m e:3..............
Command-basis gross domestic product
Command-basis net domestic p ro d u ct 1
Command-basis gross national product
Command-basis net national p ro d u ct 1
After-tax income received by the personal sector:
Disposable personal incom e...................................................................................................................
1
2
III
IV
1.8
2.8
1.2
2.8
2.5
- 0.6
2.7
2.5
3.0
2.7
1.1
- 1.1
0.9
3.0
0.7
fi
2.1
2.8
2.7
2.4
7
2.3
2.8
1.4
-0 .4
1.4
0.6
2.6
8
1.7
2.6
9
1.8
2.4
10
11
12
1.5
1.5
2.9
3.1
1.8
13
14
3
4
2.0
5
2013
2.4
1.1
2.0
2.7
2.8
2.0
2.0
2.2
1.9
2.9
2.3
3.5
3.8
3.2
3.4
2.4
2.0
1.8
2.2
-
0.6
I
0.1
5.4
1.1
2.2
1.0
2.2
0.3
5.0
0.6
1.6
4.9
-
II
0.2
1.7
1.6
0.1
04
-0 .5
1.4
1.4
0.5
2.4
2.1
2.1
0.0
1.6
-0 .3
1.5
0.2
- 0.1
1.1
0.9
9.0
- 8.2
2.0
3.4
1. In this table, the net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital.
2. Gross domestic purchases excluding change in private inventories.
3. The command-basis estimates (lines 10-13) measure the purchasing power of the income generated by the sale of goods and services produced; they reflect gains or losses in real income resulting from changes
in the terms of trade for exports and imports. For more detail on the command-basis measures, see NIPA tables 1.8.3 and 1.8.6.
August 2013
Su rvey
of
D-21
C u r r e n t B u sin ess
Table 1.17.5. Gross Domestic Product, Gross Domestic Income, and Other Major NIPA Aggregates
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Production in the United States:
Gross domestic product..........................................................................................................................
Gross domestic incom e..........................................................................................................................
Net domestic p ro d u ct 1............................................................................................................................
Net domestic income 1.............................................................................................................................
Production by labor and capital supplied by U.S. residents:
Gross national product.............................................................................................................................
Gross national incom e.............................................................................................................................
Net national p ro d u ct' ..............................................................................................................................
National income 2 ....................................................................................................................................
1
?
3
4
5
fi
7
8
III
2013
IV
I
II
15,533.8
15,587.5
13,081.3
13,134.9
16,244.6
16,261.6
13,701.7
13.718.8
16,160.4
16150.3
13,626.7
13,616.6
16,356.0
16,269.6
13,800.9
13.714.5
16,420.3
16,522.0
13,845.3
13,947.0
16,535.3
16.679.5
13.931.5
14,075.7
15.794.6
15,848.3
13,342.0
13.395.7
16.497.4
16.514.5
13.954.6
13.971.6
16.419.2
16,409.0
13,885.5
13.875.3
16,603.7
16,517.2
14.048.5
13,962.1
16,677.3
16 779.1
14,102.3
14.204.0
16 772 7
16.916.9
14.168.9
14,313.1
16,633.4
14,002.2
Final expenditures by U.S. residents:
Gross domestic purchases.....................................................................................................................
Final sales to domestic purchasers 3.....................................................................................................
10
16,102.6
16,066.2
16.791.8
16,725.7
16.718.3
16,651.4
16,880.4
16,798.8
16.936.1
16,923.1
17,058.4
17,171.9
16,995.0
17,093.2
After-tax income received by the personal sector:
Disposable personal income...................................................................................................................
11
11,787.4
12,245.8
12,171.9
12,205.1
12,520.4
12,288.9
12,393.0
9
1. In this table, net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital.
2. Equals gross national income less the depreciation of fixed assets as measured by the consumption of fixed capital.
3. Equals gross domestic purchases less change in private inventories.
Table 1.17.6. Real Gross Domestic Product, Real Gross Domestic Income, and Other Major NIPA Aggregates, Chained Dollars
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Production in the United States:
Gross domestic product...........................................................................................................................
Gross domestic income
Net domestic p ro d u ct 1
Net domestic income 1
1
2
I
II
15,470.7
15,487.0
13,015.8
13,032.0
15,427.7
15,418.0
12,978.2
12,968.6
15,534.0
15,451.9
13,073.6
12,991.7
15,539.6
15,636.0
13,067.9
13,163.9
15,583.9
15,719.8
13,099.9
13,235.5
15.286.7
15.338.7
12,873.9
15,693.1
15,709.2
13,238 0
15,656.2
15,646.6
13,206.5
15.751.1
15.669.1
13,290.5
15.764.8
15,861.0
13.292.9
15.789.7
15.925.5
13.305.5
15,501.1
15,463.4
15,902.3
15,835.2
15,864.4
15,797.9
15,971.4
15,882.8
15,950.8
15,939.7
16.005.8
15,958.6
16,101.8
16,038.6
15,383.2
12,929.9
15,622.7
13,168.5
15,335.0
12,887.1
15,580.5
13,131.8
15,467.9
13,008.9
15,702.1
13,242.3
15,469.0
12,998.9
15,711.1
13,240.2
15,531.0
13,048.2
15,754.0
13,270.6
15,611.3
13,115.4
13
14,953.0
12,542.5
15,204.1
12,792.5
14
11,324.6
11,551.6
11,510.2
11,493.6
11,743.0
11,494.9
11,591.4
3
4
fi
Final expenditures by U.S. residents:
Gross domestic purchases.....................................................................................................................
Final sales to domestic purchasers 2
8
After-tax income received by the personal sector:
Disposable personal income...................................................................................................................
2013
IV
15,052.4
15,104.3
12,639.8
12,691.6
Production by labor and capital supplied by U.S. residents:
Gross national product.............................................................................................................................
Gross national incom e.............................................................................................................................
Net national p ro d u ct 1..............................................................................................................................
Purchasing power of inco m e:3.............
Command-basis gross domestic product
Command-basis net domestic product ’
Command-basis gross national product
Command-basis net national p ro du ct 1
III
5
7
9
10
11
12
15,648.7
13,151.9
1. In this table, net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital.
2. Gross domestic purchases excluding change in private inventories.
3. The command-basis estimates (lines 10-13) measure the purchasing power of the income generated by the sale of goods and services produced; they reflect gains or losses in real income resulting from changes
in the terms of trade for exports and imports. For more detail on the command-basis estimates, see NIR/\ tables 1.8.3 and 1.8.6.
D-22
August 2013
National Data
2. Personal Income and Outlays
Table 2.1. Personal Income and Its Disposition
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2012
2011
2012
II
Personal income......................................................................................................................................
Compensation of employees...............................................................................................................
Wages and salaries..........................................................................................................................
Private industries..............
Government.......................
Supplements to wages and salaries.............................................................................................
Employer contributions for employee pension and insurance fu n d s 1.................................
Employer contributions for government social insurance.......................................................
Proprietors’ income with inventory valuation and capital consumption adjustments...................
Nonfarm............................................................................................................................................
Rental income of persons with capital consumption adjustment....................................................
Personal income receipts on assets............................................
Personal interest income..........................................................
Personal dividend incom e........................................................
Personal current transfer receipts...............................................
Government social benefits to persons..................................
Social security 2...........................................................................................................................
Medicare 3 ....................................................................................................................................
Medicaid.................
Unemployment insurance..........................................................................................................
Veterans’ benefits..,
......................................................
O ther.............................................................................................................................................
Other current transfer receipts, from business (net)....................................................................
Less: Contributions for government social insurance, dom estic...................................................
1
2
3
4
5
6
7
8
9
1U
11
12
13
14
15
16
17
18
19
20
21
22
23
24
2b
13,191.3
8,278.5
6,638.7
5,444.3
1,194.4
1,639.8
1,145.4
494.4
1,155.1
72.6
1,082.6
484.4
1,884.6
1,204.1
680.5
2,306.9
2,260.3
713.3
537.0
405.5
107.6
63.3
433.7
46.7
918.2
13,743.8
8,611.6
6,926.8
5,729.4
1,197.3
1,684.9
1,170.6
514.3
1,224.9
75.4
1,149.6
541.2
1,958.5
1,211.6
746.9
2,358.3
2,316.8
762.2
560.8
417.1
84.2
70.2
422.5
41.4
950.7
2013
IV
III
13,651.8
8,553.8
6,873.5
5,678.0
1,195.5
1,680.3
1,169.1
511.2
1,217.8
77.0
1,140.8
537.8
1,935.3
1,219.4
715.9
2,352.2
2,310.5
760.4
554.2
420.9
85.9
68.9
420.3
41.7
945.1
13,701.6
8,591.0
6,904.7
5,709.7
1,195.1
1,686.2
1,174.1
512.2
1,220.0
75.3
1,144.7
546.7
1,926.9
1,203.7
723.2
2,364.4
2,323.8
764.8
564.0
421.5
78.7
71.3
423.5
40.6
947.4
II
I
14,073.1
8,787.4
7,086.6
5,887.2
1,199.3
1,700.9
1,176.8
524.0
1,247.5
74.5
1,173.0
555.4
2,062.8
1,218.4
844.3
2,388.0
2,347.9
770.2
577.2
425.1
75.3
73.3
426.8
40.1
967.9
13,916.0
8,736.9
7,029.7
5,833.9
1,195.8
1,707.2
1,182.1
525.0
1,334.6
137.0
1,197.6
574.9
1,935.8
1,215.8
720.0
2,426.0
2,382.0
789.8
589.3
423.7
73.9
76.8
428.6
44.0
1,092.3
14,056.1
8,805.9
7,090.0
5,895.5
1,194.5
1,715.9
1,187.7
528.3
1,334.9
120.7
1,214.2
585.8
1,998.8
1,231.5
767.3
2,430.3
2,385.8
794.9
587.3
424.8
68.2
80.0
430.7
44.4
1,099.6
Less: Personal current taxes........................................................
26
1,404.0
1,498.0
1,480.0
1,496.4
1,552.8
1,627.1
1,663.1
Equals: Disposable personal inco m e........................................
27
11,787.4
12,245.8
12,171.9
12,205.1
12,520.4
12,288.9
12,393.0
Less: Personal outlays..........................................................................................................................
Personal consumption expenditures..................................................................................................
Personal interest payments 4....
Personal current transfer payments
To government.......................
To the rest of the world (n e t).
28
29
30
31
32
33
11,119.1
10,711.8
248.0
159.4
85.3
74.1
11,558.4
11,149.6
248.4
160.4
88.5
71.9
11,507.9
11, 100.2
247.0
160.8
88.4
72.4
11,601.0
11,193.6
250.7
156.7
67.9
11,696.2
11,285.5
247.3
163.4
89.0
74.4
11,794.9
11,379.2
250.4
165.3
89.4
75.9
11,839.6
11,430.3
244.4
164.9
89.9
75.0
Equals: Personal saving.......................................................................................................................
34
668.2
687.4
663.9
604.1
824.1
494.0
553.4
Personal saving as a percentage of disposable personal income........................................
35
5.7
5.6
5.5
4.9
6.6
4.0
4.5
36
10,457.1
10,740.1
10,685.5
10,676.2
10,959.6
10,747.6
10,873.8
3/
11,324.6
11,551.6
11,510.2
11,493.6
11,743.0
11,494.9
11,591.4
38
39
40
37,776
36,293
312,036
38,965
36,756
314,278
38,769
36,661
313,960
38,800
36,538
314,564
39,727
37,260
315,162
38,929
36,414
315,671
39,193
36,658
316,206
Disposable personal income, current dollars........................................................................
41
4.8
3.9
2.9
1.1
10.7
-7.2
3.4
Disposable personal income, chained (2009) dollars...........................................................
42
2.4
2.0
1.8
-0 .6
9.0
-8 .2
3.4
88.8
Addenda:
Personal income excluding current transfer receipts, billions of chained (2009) dollars 5
Disposable personal income:
Total, billions of chained (2009) dollars 5......................................................................................
Per capita:
Current dollars.............................................................................................................................
Chained (2009) dollars................................................................................................................
Population (midperiod, thousands)....................................................................................................
Percent change from preceding period:
1. Includes actual employer contributions and actuarially imputed employer contributions to reflect benefits accrued by defined benefit pension plan participants through service to employers in the current period.
2. Social security benefits include old-age, survivors, and disability insurance benefits that are distributed from the federal old-age and survivors insurance trust fund and the disability insurance trust fund.
3. Medicare benefits include hospital and supplementary medical insurance benefits that are distributed from the federal hospital insurance trust fund and the supplementary medical insurance trust fund.
4. Consists of nonmortgage interest paid by households.
5. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures.
Table 2.2B. Wages and Salaries by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Wages and salaries........................................................................................................................
Private industries....................................................................................................................................
Goods-producing industries................................................................................................................
Manufacturing...........
Services-producing industries............................................................................................................
Trade, transportation, and utilities..................................................................................................
Other services-producing industries 1..........................................................................................
Government..............................................................................................................................................
1
2
III
2013
IV
I
II
6,638.7
6,926.8
6,873.5
6,904.7
7,086.6
7,029.7
7,090.0
7
5,444.3
1, 102.1
707.1
4,342.2
1,046.2
3,296.0
5,729.4
1,154.0
735.4
4,575.4
1,093.7
3,481.7
5,678.0
1,153.2
735.7
4,524.8
1,083.8
3,441.0
5,709.7
1,146.7
732.3
4,563.0
1,090.0
3,473.0
5,887.2
1,167.0
740.5
4,720.3
1,114.2
3,606.1
5,833.9
1,181.8
745.1
4,652.1
1,115.2
3,536.9
5,895.5
1,193.1
751.0
4,702.4
1,124.5
3,577.9
8
1,194.4
1,197.3
1,195.5
1,195.1
1,199.3
1,195.8
1,194.5
3
4
5
6
1.
Other services-producing industries consists of information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises,
administrative and support and waste management and remediation services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other
services.
N ote . Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
August 2013
Su rv ey
of
D-23
C u r r e n t B u sin ess
Table 2.3.1. Percent Change From Preceding Period in Real Personal Consumption Expenditures by Major Type of Product
[Percent]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Personal consumption expenditures (P C E ).....................................................................
Goods..................................................................................................................................................
Durable goods................................................................................................................................
Motor vehicles and parts..........................................................................................................
Furnishings and durable household equipment....................................................................
Recreational goods and vehicles............................................................................................
Other durable goods
Nondurable goods
................................................................................................................
Food and beverages purchased for off-premises consumption..........................................
Clothing and footwear..............................................................................................................
Gasoline and other energy goods...........................................................................................
Other nondurable g oods..........................................................................................................
Services............................
Household consumption expenditures (for services)................................................................
Housing and utilities..................................................................................................................
Health care................
Transportation services............................................................................................................
Recreation services.
Food services and accommodations.....................................................................................
Financial services and insurance............................................................................................
Other services............................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs) 1
Gross output of nonprofit institutions 2...................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3....................
Addenda:
PCE excluding food and e ne rg y 4...............................................................................................
Energy goods and services 5...
Market-based PCE 6................
Market-based PCE excluding food and e ne rg y 6......................................................................
1
2
II
1.9
1.7
1.7
2.3
1.8
3.4
3.3
7.7
7.2
2.2
2.9
-4 .4
0.9
9.8
10.5
3.7
8.3
8.3
5.6
11.5
6.9
3.7
10.5
14.3
4.4
10.7
11.5
3.7
5.8
5.2
4.1
3.4
6.5
-0 .4
7.2
12.4
10.7
1.8
1.6
1.6
0.6
6
10.0
7
5.3
1.9
4.9
5.5
9
1.6
10
11
12
3.8
-2 .5
3.4
6.1
10.9
5.7
1.4
1.3
1.2
5.2
-3 .3
2.4
1.6
1.5
1.7
0.7
1.2
0.6
0.8
4.5
0.3
1.3
2.3
2.0
1.0
1.1
-1 .4
2.7
2.1
1.3
2.7
2.5
2.3
-3.9
7.3
1.2
2.2
23
24
1.3
2.7
1.3
1.4
3.6
-1.3
1.7
5.3
2.9
1.6
2.2
-2.9
1.3
-6.7
1.5
3.4
4.3
4.5
25
26
27
28
3.0
-2.3
2.7
3.1
2.5
1.0
1.8
1.8
16.8
0.5
2.4
2.2
1.2
2.1
2.2
2.1
4.0
3.0
1.5
20
21
22
I
IV
2.2
6.6
13
14
15
16
17
18
19
III
2.5
3
4
5
8
2013
0.2
-
0.3
2.4
-3.2
- 0.6
15.5
1.2
2.8
8.1
5.8
2.7
4.5
3.0
0.6
0.3
-2 .7
2.3
- 0.2
-1.7
6.5
- 0.2
1.5
2.4
4.7
1.3
2.9
2.4
2.5
5.5
0.2
- 2.8
-18.1
-3.0
2.4
9.0
1.2
-1 .3
2.7
-
2.0
2.0
1.8
0.9
- 1.8
-5 .3
4.2
-1 .3
7.5
4.6
2.0
0.9
1.5
-0 .3
2.6
2.2
2.7
-
4.0
1.4
-
3.2
11.8
0.0
4.0
2.1
1.3
18.6
2.7
1.7
12.2
2.0
0.2
0.9
2.1
2.5
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas services.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
Table 2.3.2. Contributions to Percent Change in Real Personal
Consumption Expenditures by Major Type of Product
Seasonally adjusted at annual rates
Line
2012
2011
2012
II
2013
IV
III
II
I
Percent change at annual rate:
Personal consumption expenditures (P C E ).....................................................................
1
2.5
2.2
1.9
2
1.12
3
4
5
0.68
1.12
0.81
0.25
0.15
0.31
0.73
0.31
-0.16
1.7
1.7
2.3
1.8
1.23
1.24
1.09
0.49
1.24
0.62
0.19
1.15
0.70
- 0.01
0.17
0.35
0.18
0.45
- 0.10
0.23
0.16
0.16
Percentage points at annual rates:
Goods.................................................................................................................................................
Durable goods................................................................................................................................
Motor vehicles and parts..........................................................................................................
Furnishings and durable household equipment....................................................................
Recreational goods and vehicles
Other durable g oods............
Nondurable goods.........................................................................................................................
Food and beverages purchased for off-premises consumption..........................................
Clothing and footwear...............................................................................................................
Gasoline and other energy goods........................................
Other nondurable goods........................................................
Services.............................................................................................................................................
Household consumption expenditures (for services)...............................................................
Housing and utilities..................................................................................................................
Health care........................................
Transportation services....................
Recreation services.........................
Food services and accommodations.....................................................................................
Financial services and insurance....
Other services............................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs) 1
Gross output of nonprofit institutions 2...................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3....................
Addenda:
PCE excluding food and energy 4...............................................................................................
Energy goods and services 5...........................
Market-based PCE 6.....................................................................................................................
Market-based PCE excluding food and e n e rg y 6......................................................................
6
7
8
9
0.17
0.13
0.29
0.09
0.44
0.12
0.12
10
11
12
-0.09
0.28
13
14
15
16
17
18
19
1.43
1.42
0.24
0.44
0.07
0.08
0.24
20
21
22
0.13
23
24
0.14
0.13
25
26
27
28
2.55
-0.13
2.35
2.35
0.22
0.01
0.10
0.31
0.10
0.04
-0.05
0.23
0.86
0.28
0.14
0.33
0.02
0.28
0.17
0.42
0.18
-0.13
0.27
0.10
0.12
0.36
0.13
0.16
-
0.12
0.20
1.08
0.94
0.14
0.44
0.04
0.05
1.16
0.78
0.80
0.05
0.06
0.22
- 0.10
0.15
-0.24
-0.05
0.37
0.14
-0.24
0.47
0.37
0.23
0.37
0.03
0.04
0.08
-0.51
0.13
0.09
0.45
0.36
0.84
0.87
1.98
0.93
1.54
0.03
1.81
1.65
0.15
0.14
0.31
0.18
2.20
- 0.10
2.10
2.10
0.01
0.11
0.10
0.31
0.19
0.15
0.07
-0.06
- 0.21
0.34
0.24
0.43
1.01
1.53
0.84
0.20
-0.50
0.38
- 0.01
-0.06
0.40
- 0.01
0.10
0.62
0.15
0.06
0.16
0.25
0.21
- 0.10
0.08
0.09
0.16
0.39
-0.25
-0.51
-0.32
0.19
2.34
-0.73
1.74
2.40
1.14
0.96
2.39
1.27
0.02
0.23
0.13
0.62
0.94
-0.05
0.43
0.06
0.10
- 0.02
0.29
0.12
-0.31
0.01
0.32
1.83
0.05
1.86
1.91
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas services.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
D-24
National Data
August 2013
Table 2.3.3. Real Personal Consumption Expenditures by Major Type of Product, Quantity Indexes
[Index numbers, 2009=100]
Seasonally adjusted
Line
2011
2012
2012
II
Personal consumption expenditures (P C E ).....................................................................
Goods..................................................................................................................................................
Durable goods................................................................................................................................
Motor vehicles and parts......................
Furnishings and durable household equipment
Recreational goods and vehicles........
Other durable g oods............................
Nondurable goods.....................................
Food and beverages purchased for off-premises consumption..........................................
Clothing and footwear...............................................................................................................
Gasoline and other energy goods............................................
Other nondurable goods
Services...............................
Household consumption expenditures (for services)................................................................
Housing and utilities..................................................................................................................
Health care...................
Transportation services
Recreation services....
Food services and accommodations..
Financial services and insurance............................................................................................
Other services............................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs ) 1
Gross output of nonprofit institutions 2...................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3....................
Addenda:
PCE excluding food and energy 4................................................................................................
Energy goods and services 5.......................................................................................................
Market-based PCE 6......................................................................................................................
Market-based PCE excluding food and e ne rg y 6......................................................................
1
2
2013
III
IV
I
II
104.555
106.854
106.643
107.092
107.537
108.138
108.615
106.925
113.074
107.048
112.959
121.966
109.798
104.177
103.750
109.283
96.739
105.822
110.495
121.833
114.798
119.833
135.248
116.098
105.594
105.120
110.562
95.419
108.709
109.889
120.060
112.381
118.756
133.296
115.027
105.463
104.998
109.710
96.565
108.193
110.888
122.484
114.634
120.391
136.980
116.971
105.877
105.426
111.107
95.770
108.833
111.904
125.591
118.531
121.704
140.495
120.206
106.047
105.659
110.615
94.468
109.948
112.928
127.379
120.031
122.936
143.248
121.912
106.762
106.184
111.098
95.510
110.762
113.886
129.401
119.913
125.102
147.482
125.047
107.290
105.824
113.138
96.585
111.304
23
24
103.411
103.510
102.521
104.050
101.593
103.403
105.614
105.148
102.469
101.044
102.555
103.059
105.090
105.039
103.328
106.820
102.863
104.889
109.403
103.764
104.208
106.380
105.550
105.299
105.070
105.022
103.626
106.389
102.883
104.883
108.963
104.466
103.964
106.281
105.002
104.604
105.252
105.175
103.959
106.988
103.134
105.165
109.305
102.665
104.350
107.182
106.107
105.774
105.421
105.256
103.239
107.592
103.070
104.714
111.036
102.607
104.397
109.528
106.415
105.438
105.818
105.884
104.438
107.932
103.820
105.333
111.713
103.983
103.650
104.186
105.610
106.058
106.065
106.271
104.363
108.631
104.389
106.029
111.645
105.006
104.011
100.954
105.622
107.094
25
26
27
28
105.024
98.599
104.714
105.282
107.701
96.830
107.193
108.234
107.347
98.493
106.937
107.805
107.820
98.623
107.482
108.395
108.544
95.462
108.008
109.259
108.896
99.617
108.731
109.715
109.466
99.845
109.297
110.406
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas services.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
Table 2.3.4. Price Indexes for Personal Consumption Expenditures by Major Type of Product
[Index numbers, 2009=100]
Seasonally adjusted
Line
2011
2012
2012
II
Personal consumption expenditures (P C E ).....................................................................
Goods..................................................................................................................................................
Durable goods..................
Motor vehicles and parts..........................................................................................................
Furnishings and durable household equipment....................................................................
Recreational goods and vehicles
Other durable goods...
Nondurable goods............
Food and beverages purchased for off-premises consumption..........................................
Clothing and footwear...............................................................................................................
Gasoline and other energy goods...........................................................................................
Other nondurable goods
Services...............................
Household consumption expenditures (for services)................................................................
Housing and utilities..................................................................................................................
Health care...................
Transportation services
Recreation services....
Food services and accommodations......................................................................................
Financial services and insurance
Other services............................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs ) 1
Gross output of nonprofit institutions 2...................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3....................
Addenda:
PCE excluding food and e ne rg y 4...............................................................................................
Energy goods and services 5.......................................................................................................
Market-based PCE 6......................................................................................................................
Market-based PCE excluding food and energy 6......................................................................
1
2
III
2013
IV
I
II
104.086
106.009
105.750
106.193
106.622
106.909
106.918
105.345
97.649
108.645
94.247
86.679
103.601
109.128
104.276
106.366
96.791
110.755
94.202
82.002
103.941
111.127
106.496
104.720
149.254
105.122
106.718
96.246
110.555
93.910
80.729
103.966
111.964
106.682
104.850
153.961
105.622
106.900
95.746
110.460
93.454
79.611
103.999
112.522
107.163
105.405
156.856
105.535
106.641
95.487
110.707
93.438
78.621
104.015
112.264
107.503
105.729
153.941
105.316
105.737
95.015
111.043
92.769
77.391
104.012
107.647
105.020
144.493
105.372
10
11
12
101.000
148.588
103.599
106.666
96.467
110.375
93.972
81.424
104.174
111.765
106.657
104.651
153.621
105.312
13
14
15
16
17
18
19
23
24
103.463
103.628
101.683
104.399
104.730
102.808
103.887
105.966
104.250
99.642
103.784
105.211
105.689
105.980
103.616
106.286
106.750
105.622
106.842
110.057
106.415
98.932
105.479
107.736
105.450
105.727
103.322
106.044
106.746
105.284
106.740
109.337
106.457
99.022
105.259
107.406
105.939
106.259
103.789
106.596
106.744
106.022
107.197
110.786
106.480
98.532
105.686
108.155
106.493
106.809
104.507
106.946
107.100
106.421
107.601
111.701
106.996
99.156
106.234
108.676
107.060
107.422
105.162
107.560
107.780
106.904
108.194
111.682
108.083
98.674
106.816
109.630
107.539
107.814
105.991
107.450
107.385
107.019
109.074
111.923
108.650
101.228
107.455
109.632
25
26
27
28
102.743
127.427
104.034
102.480
104.632
129.209
105.920
104.320
104.482
126.732
105.672
104.199
104.849
129.013
106.101
104.538
105.187
131.090
106.460
104.783
105.542
129.969
106.800
105.210
105.758
125.872
106.734
105.368
3
4
5
6
7
8
9
20
21
22
111.122
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
August 2013
Su rvey
of
D-25
C u r r e n t B usin ess
Table 2.3.5. Personal Consumption Expenditures by Major Type of Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
10,711.8
11,149.6
11,100.2
11,193.6
11,285.5
11,379.2
11,430.3
3,602.7
1,129.9
368.7
260.1
321.1
179.9
2,472.8
833.0
338.3
408.9
892.6
3,769.7
1,202.7
401.7
275.1
334.5
191.3
2,567.0
863.3
354.6
417.0
932.1
3,738.4
1,189.3
394.6
273.3
332.2
189.1
2,549.2
861.0
352.1
410.1
926.0
3,784.9
1,206.5
401.8
276.2
336.1
192.4
2,578.4
3,851.8
1,244.8
421.3
280.7
342.3
357.1
419.5
935.9
3,826.1
1,230.7
415.1
277.9
339.9
197.8
2,595.4
871.8
357.4
421.6
944.7
2,607.0
878.9
360.0
418.3
949.7
3,851.6
1,258.3
422.2
283.6
346.9
205.7
2,593.2
877.1
364.2
397.1
954.9
7,379.9
7,089.4
2,013.9
1,847.6
318.1
416.6
701.7
821.0
970.4
290.5
1,194.1
903.6
7,361.8
7,071.3
2,013.9
1,835.9
318.1
415.2
698.2
821.3
968.6
290.5
1,185.4
894.9
7,408.7
7,117.2
2,029.5
1,855.9
318.9
419.2
703.4
817.9
972.4
291.5
1,202.7
911.2
7,459.4
7,159.6
2,029.4
1,872.5
319.8
419.0
717.2
824.2
977.5
299.8
1,212.5
912.7
7,527.4
7,243.6
2,065.8
1,889.2
324.2
423.4
725.6
835.1
980.4
283.8
1,209.9
926.1
7,578.7
7,296.6
2,080.6
1,899.5
324.7
426.7
731.0
845.1
989.0
282.1
1,217.3
935.2
9,661.2
625.1
9,884.1
8,396.3
9,615.5
623.8
9,837.3
8,353.1
9,691.9
635.8
9,927.5
8,426.3
9,788.4
625.3
10,009.8
8,513.2
9,853.3
647.0
10,109.1
8,583.7
9,925.2
628.0
10,155.4
8,650.7
II
Personal consumption expenditures (P C E ).....................................................................
Goods..................................................................................................................................................
Durable goods................................................................................................................................
Motor vehicles and parts..........................................................................................................
Furnishings and durable household equipment
Recreational goods and vehicles.................
Other durable g oods......................................
Nondurable goods...............................................
Food and beverages purchased for off-premises consumption..........................................
Clothing and footwear...................................
Gasoline and other energy goods...............
Other nondurable g oods..........................................................................................................
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Services..................................................................
Household consumption expenditures (for services)...............................................................
Housing and utilities..................................................................................................................
Health care......................................................
Transportation services............................................................................................................
Recreation services..........................
Food services and accommodations
Financial services and insurance....
Other services....................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs) 1
Gross output of nonprofit institutions 2...................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3....................
23
24
7,109.1
6,831.2
1,960.9
1,767.8
308.2
399.7
658.7
801.1
934.8
277.9
1,141.6
863.7
Addenda:
PCE excluding food and energy 4...............................................................................................
Energy goods and services 5.......................................................................................................
Market-based PCE 6.....................................................................................................................
Market-based PCE excluding food and e ne rg y 6......................................................................
25
26
27
28
9,251.1
627.7
9,483.6
8,023.2
20
21
22
III
2013
IV
866.0
II
I
200.6
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
Table 2.3.6. Real Personal Consumption Expenditures by Major Type of Product, Chained Dollars
[Billions of chained (2009) dollars]
Seasonally adjusted at annual rates
Line
2011
2012
2012
II
Personal consumption expenditures (P C E ).....................................................................
Goods..................................................................................................................................................
Durable goods..............
Motor vehicles and parts
Furnishings and durable household equipment....................................................................
Recreational goods and vehicles
Other durable goods
Nondurable goods........
Food and beverages purchased tor otf-premises consumption..........................................
Clothing and footwear..............................................................................................................
Gasoline and other energy goods
Other nondurable g oods.....
1
2
3
4
5
6
7
8
9
10
11
12
I
II
10,517.6
10,496.8
10,541.0
10,584.8
10,644.0
10,690.9
3,419.9
1,157.1
339.4
276.0
370.5
173.7
2,266.0
798.8
335.0
275.2
861.6
3,534.1
1,246.7
364.0
292.8
410.9
183.6
2,296.8
809.4
338.9
271.5
885.1
3,514.7
1,228.6
356.3
290.1
404.9
181.9
2,293.9
808.4
336.3
274.7
880.9
3,546.7
1,253.4
363.5
294.1
416.1
185.0
2,303.0
811.7
340.5
272.5
3,579.2
1,285.2
375.8
297.3
426.8
190.1
2,306.7
813.5
339.0
268.8
895.2
3,611.9
1,303.5
380.6
300.3
435.2
192.8
2,322.2
817.6
340.5
271.7
901.8
3,642.6
1,324.2
380.2
305.6
448.0
197.8
2,333.7
814.8
346.8
274.8
906.2
6,982.7
6,689.4
1,943.6
1,738.4
298.0
394.4
656.8
746.0
911.9
293.6
1,132.1
838.8
- 21.0
6,981.4
6,688.3
1,949.2
1,731.4
298.0
394.4
654.1
751.1
909.8
293.4
1,126.2
833.2
-17.7
6,993.4
6,698.0
1,955.5
1,741.1
298.8
395.4
656.2
738.1
913.2
295.8
1,138.1
842.5
-22.4
7,004.7
6,703.2
1,941.9
1,750.9
298.6
393.7
737.7
913.6
302.3
1,141.4
839.9
-26.2
7,031.1
6,743.2
1,964.5
1,756.5
300.8
396.1
670.7
747.6
907.1
287.6
1,132.7
844.8
-27.7
7,047.5
6,767.8
1,963.1
1,767.8
302.4
398.7
670.2
754.9
910.2
278.7
1,132.9
853.1
-30.4
9,233.5
483.8
9,331.7
8,048.6
9,203.2
492.1
9,309.4
8,016.7
9,243.7
492.8
9,356.9
8,060.6
9,305.9
477.0
9,402.6
8,124.8
9,336.0
497.7
9,465.6
8,158.8
9,384.9
498.9
9,514.8
8,210.1
23
24
25
6,871.1
6,592.0
1,928.4
1,693.3
294.3
388.8
634.0
756.0
896.7
278.9
1,100.0
820.9
-9.5
Addenda:
PCE excluding food and energy 4...............................................................................................
Energy goods and services 5...........................
Market-based PCE 6.....................................................................................................................
Market-based PCE excluding food and energy 6......................................................................
26
27
28
29
9,004.1
492.6
9,115.8
7,829.1
20
21
22
2013
IV
10,291.3
Services........................................
Household consumption expenditures (for services)................................................................
Housing and utilities..................................................................................................................
Health care...............
Transportation services
Recreation services.
Food services and accommodations.....
@FedFRASER