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SURVEY OF CURRENT B U S K
BEA’s M O N T H L Y JOURNAL
In This Issue . . .
GDP and the Economy
Second Estimates for the Third Quarter o f 201 2
Annual Industry Accounts, 2009-2011
Subject Guide to Survey Articles in 201 2
Schedule o f BEA News Releases in 201 3
Si B E A
BUREAU OF ECONOMIC ANALYSIS
U.S. DEPARTMENT OF COMMERCE
ECONOMICS AND STATISTICS ADMINISTRATION
U .S . D e p a r t m e n t o f C o m m e r c e
E conom ics and S tatistics A d m in istratio n
B ureau o f E conom ic A nalysis
J. Steven Landefeld, Director
Brian C. Moyer, D eputy Director
Ana M. Aizcorbe, C hief Economist
Brian M. Callahan, C hief Information Officer
Dennis J. Fixler, Chief Statistician
Kathleen James, C hief A dm inistrative Officer
Brent R. Moulton, Associate Director for N ational Economic Accounts
Carol E. Moylan, Associate Director for Industry Accounts
Joel D. Platt, Associate Director fo r Regional Economics
Sarahelen Thompson, Associate Director for International Economics
B EA A d v is o ry C om m ittee
T h e B E A A d v is o r y C o m m it t e e a d v is e s t h e D i r e c t o r o f B E A o n m a tte r s r e la te d t o t h e d e v e lo p m e n t a n d i m p r o v e m e n t o f B E A ’s n a t io n a l,
r e g io n a l, in d u s t r y , a n d i n t e r n a t i o n a l e c o n o m ic a c c o u n t s , e s p e c ia lly i n a re a s o f n e w a n d r a p i d l y g r o w in g e c o n o m ic a c t iv it ie s a r is in g f r o m
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Ernst R. Berndt, Chair, Massachusetts Institute of Technology
Alan J. Auerbach, University of California, Berkeley
Barry R Bosworth, The Brookings Institution
Susan M. Collins, University of 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 of Maryland
Dale W. Jorgenson, Harvard University
Ellen R. McGrattan, Federal Reserve Bank of Minneapolis
Therese J. McGuire, Northwestern University
William D. Nordhaus, Yale University
Joel L. Prakken, Chairman, Macroeconomic Advisers, LLC
Andrew D. Reamer, George Washington University
J a m e s K im , E d i t o r - i n - C h i e f
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SURVEY OF CURRENT BUSINESS
D ecem b er 2012
1
Volum e 92 • N u m b er 12
G D P and th e Econom y: Second E stim ates for th e Third Q u arter of 2012
Real GDP growth picked up, rising 2.7 percent after rising 1.3 percent in the second quarter.
Private inventory investment and federal government spending turned up, and residential
investment picked up.
11
G overnm en t R eceipts and E xpen ditures for the Third Q u arter of 2012
Net government saving increased $26.4 billion to -$1,212.6 billion. Net federal government
saving increased $41.9 billion to -$1,073.5 billion. Net state and local government saving
decreased $15.4 billion to -$139.1 billion.
14
A nnual Industry A ccounts: R evised S tatistics for 20 09 -2 01 1
Real GDP by industry slowed in 2011, increasing 1.8 percent after increasing 2.4 percent in 2010.
In 2011, 12 of the 22 major industry groups contributed to the slowdown.
37
S ub ject G uide
A list of the articles published in the Survey of Current Business in 2012.
39
S ched ule of B EA N ew s R eleases in 2013
w w w .b e a .g o v
December 2012
/■/
D -1
B EA C urrent and H istorical Data
iii
D ire cto r’s M essage
iV
Taking A cco u n t
B E A ’s W eb S ite and C on tacts (inside back cover)
S ch ed u le of U pcom ing B EA N ew s R eleases (back cover)
Loo king A head
U.S. International Transactions. Statistics for the third quarter o f 2012.
Regional Quarterly Report. State personal income for the third quarter o f 2012 and
local area personal income for 2009-2011.
December 2012
iii
Director’s Message______________
In this issue, we present updated statistics from the Bureau of
Economic Analysis (BEA) annual industry accounts, which detail
interactions among industries and the contributions o f indus
tries to gross domestic product (GDP). In 2011, 12 o f 22 major
industry groups contributed to a slowdown in economic growth;
real GDP rose 1.8 percent, compared with 2.4 percent in 2010.
The leading contributors to the slower growth in 2011 were the
retail trade and durable-goods manufacturing industries.
The article includes a note on the upcoming 2013 comprehen
sive revision o f the industry accounts, which will include the
2007 benchmark input-output accounts fully integrated with the
annual industry accounts. The comprehensive revision will also
mark an important milestone in integrating the national eco
nomic accounts and the industry accounts. For more informa
tion, see page 22.
Elsewhere in this issue, we detail the second estimates o f GDP
for the third quarter o f 2012. In addition, we offer a subject guide
to material in the Survey of Current Business in 2012 and the BEA
news release schedule for 2013.
As 2012 comes to close, we’d like to wish you good cheer for
2013. We look forward to bringing you more articles about BEA
data and our ongoing efforts to enhance the data.
Happy holidays!
J. Steven Landefeld
Director, Bureau of Economic Analysis
iv
December 2012
T a k in g A c c o u n t...
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Integrated macroeconomic
statistics expanded
To help economists gain a better
understanding of the economy,
BEA publishes an integrated set
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also bring the NIPAs and FFAs
into closer accordance with the
national accounting guidelines
offered by the international
community in the System o f N a
tional Accounts.
The integrated accounts were
expanded this year to include
quarterly estimates back to 1960.
The accounts are available on
the BEA Web site in the national
economic accounts section.
Nominations for the 2013
Julius Shiskin Award
Nominations are being accepted
for the 2013 Julius Shiskin Me
morial Award for Economic Sta
tistics. It is given in recognition
of unusually original and impor
tant contributions in the devel
opment o f economic statistics or
in the use of statistics in inter
preting the economy.
Contributions are accepted in
the following areas: develop
ment o f new statistical measures,
statistical research, use of eco
nomic statistics to analyze and
interpret economic activity, de
velopment of statistical tools,
management o f statistical pro
grams, or application of data
production techniques.
The Julius Shiskin Award is
cosponsored by the Washington
Statistical Society, the National
Association for Business Eco
nomics, and the Business and
Economics Statistics Section of
the American Statistical Associa
tion.
It carries an honorarium of
$1,000, plus additional recogni
tion from sponsors.
Awards nomination forms
are available at www.amstat.org/
sections/bus_econ/shiskin.html
and are due on March 15, 2013.
For more information, please
contact Steven Paben at
paben.steven@bls.gov.
1
December 2012
GDP and the Economy
S econ d E stim ates fo r the Third Q u a rte r o f 2012
EAL GROSS domestic product (GDP) increased at
. an annual rate of 2.7 percent in the third quarter
of 2012, according to the second estimates of the na
tional income and product accounts (NIPAs) (chart 1
and table l) .1 In the second quarter, real GDP in
creased 1.3 percent.
The second estimate of real GDP growth was revised
up 0.7 percentage point from the advance estimate, re
flecting upward revisions to inventory investment and
to exports that were partly offset by downward revi
sions to consumer spending and to nonresidential
fixed investment.2
• Prices o f goods and services purchased by U.S. resi
dents increased 1.4 percent in the third quarter after
increasing 0.7 percent in the second quarter. Energy
prices turned up in the third quarter, and food prices
turned down. Excluding food and energy, gross
domestic purchases prices increased 1.1 percent in
the third quarter after increasing 1.4 percent.
• Real disposable personal income (DPI) increased 0.5
percent in the third quarter, 0.3 percentage point less
than in the advance estimate, after increasing 2.2 per
cent (revised) in the second quarter. Current-dollar
DPI increased 2.1 percent after increasing 2.9 percent
(revised). The sharper deceleration in real DPI than
in current-dollar DPI reflected an acceleration in the
PCE implicit price deflator, which is used to deflate
DPI. The deflator increased 1.6 percent in the third
quarter after increasing 0.7 percent. The deceleration
in third-quarter current-dollar DPI reflected a decel
eration in personal income that was partly offset by a
deceleration in personal current taxes.
• The personal saving rate, personal saving as a per
centage o f current-dollar DPI, was 3.6 percent in the
third quarter, 0.1 percentage point less than in the
advance estimate; in the second quarter, the rate was
3.8 percent (revised).
• Corporate profits increased $67.3 billion in the third
quarter after increasing $21.8 billion.
R
1 .“ R e a l” e s tim a te s a re i n c h a in e d ( 2 0 0 5 ) d o lla r s , a n d p r ic e in d e x e s a re
c h a in - t y p e m e a s u r e s . E a c h G D P e s tim a te f o r a q u a r t e r ( a d v a n c e , s e c o n d ,
a n d t h i r d ) in c o r p o r a t e s in c r e a s in g ly c o m p r e h e n s iv e a n d i m p r o v e d s o u rc e
d a ta ; f o r m o r e i n f o r m a t i o n , see “ R e v is io n s t o G D P , G D I , a n d T h e ir M a j o r
C o m p o n e n t s ” i n t h e J u ly 2 0 1 1 S u r v e y o f C u r r e n t B u s i n e s s . Q u a r t e r ly e s ti
m a te s a re e x p re s s e d a t s e a s o n a lly a d ju s t e d a n n u a l r a te s , w h i c h a s s u m e s t h a t
a r a t e o f a c t i v i t y f o r a q u a r t e r is m a in t a in e d f o r a y e a r.
2 . I n t h is a r t ic le , “ i n v e n t o r y in v e s t m e n t ” r e fe rs t o “ c h a n g e i n p r iv a t e
in v e n t o r ie s ,” “ c o n s u m e r s p e n d in g ” r e fe rs t o “ p e r s o n a l c o n s u m p t i o n e x p e n
d it u r e s ( P C E ) ,” a n d “ g o v e r n m e n t s p e n d in g ” r e fe rs t o “ g o v e r n m e n t c o n s u m p t i o n e x p e n d itu r e s a n d g ro s s in v e s tm e n t.”
Chart 1. GDP, Prices, Disposable Personal Income (DPI)
Real GDP: Percent change from the preceding q u a rte r1
6
2008
2009
2010
2011
2012
C on tribu tio ns to the percent change in real GDP in 2012:111
C o n s u m e r s p e n d in g
N o n r e s id e n tia l fix e d in v e s tm e n t;
iR e s id e n tia l fix e d in v e s tm e n t
In v e n to r y in v e s tm e n t I
E x p o rts
I
Im p o rts
^G o v e rn m e n t s p e n d in g
-0 .5
1 .0
0 .0
0 .5
Percentage points at an annual rate
Prices: Percent change from the preceding q u a rte r1
6
P ric e s o f g r o s s d o m e s t ic p u r c h a s e s
4
2
0
-2
-4
I'
-6
2008
_L_ J___ I___ I___ I___ L _ L
2009
2010
2011
Real DPI: Percent change from the preceding q u a rte r1
1. Seasonally adjusted at annual rates
U.S. Bureau of Economic Analysis
Shelly SfTlltn p T C p C l T C d
t r llS Q Y tlC le .
2012
GDP and the Economy
2
December 2012
Real G D P O verview
Table 1. Real Gross Domestic Product and Components
[Seasonally adjusted at annual rates]
Share of
currentdollar
GDP
(percent)
Gross domestic product1,,,,
Personal consumption
expenditures..........................
Goods....................................
Durable goods......................
Nondurable goods................
Services..................................
Gross private domestic
investment.............................
Fixed investment......................
Nonresidential......................
Structures.........................
Equipment and software
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.........................
Change from
preceding period
(percent)
Contribution to percent
change in real GDP
(percentage points)
2012
2011
2012
III
IV
I
II
III
IV
I
II
III
100.0
4.1
2.0
1.3
2.7
4.1
2.0
1.3
2.7
70.6 2.0 2.4 1.5
24.0 5.4 4.7 0.3
7.7 13.9 11.5 -0.2
16.3 1.8 1.6 0.6
46.6 0.3 1.3 2.1
1.4
3.5
8.7
1.1
0.3
1.45
1.29
1.00
0.29
0.16
1.72 1.06 0.99'
1.11 0.08 0.83
0.85 -0.02 0.64
0.26 0.10 0.18
0.61 0.99 0.16
6.7
0.7
3.6 -2.2
0.6 -1.1
4.8 -2.7
8.5
3.72
1.19
0.93
0.31
0.62
0.78
1.18
13.2 33.9 6.1
12.6 10.0 9.8
10.2 9.5 7.5
2.9 11.5 12.9
7.3 8.8 5.4
2011
0.7
4.5
0.74
0.35
0.39
0.09
0.56
0.36
0.02
0.35
0.19
0.86
0.10
-0.23
-0.03
-0.20
0.32
2.53 -0.39 -0.46 0.77
0.5
-3.3
13.9 1.4
9.8 6.0
4.1 -8.8
17.2 4.9
14.3 6.3
2.9 -1.7
19.6
7.9
5.3
2.6
11.7
2012
-2.2
-4.4
-10.6
10.2
-0.7
4.4
4.0
5.2
3.1
2.0
9.0
-0.64 0.06 0.23 0.14
5.3 1.1 0.21 0.60 0.72 0.16
7.0 0.2 0.58 0.39 0.67 0.03
1.1 3.2 -0.38 0.21 0.05 0.13
2.8 0.1 -0.85 -0.54 -0.49 -0.02
2.9 -1.0 -0.90 -0.29 -0.42 0.15
2.3 5.9 0.05 -0.25 -0.07 -0.17
-3.0
-4.2
-7.1
1.8
-0.7 3.5 -0.43
-0.2 9.5 -0.35
-0.2 12.9 -0.60
-0.4 3.0 0.25
-2.2 -1.0 -0.4 -0.08
-0.60
-0.34
-0.39
0.05
-0.14 0.67
-0.02 0.71
-0.01 0.64
-0.01 0.08
-0.26 -0.12 -0.04-
1. The estimates under the contribution columns are also percent changes.
Percent changes are from NIPA table 1.1.1, contributions are from NIPA table 1.1.2, and shares are from
NIPA table 1.1.10.
Consumer spending slowed in the third quarter, add
ing 0.99 percentage point to real GDP growth after
adding 1.06 percentage points in the second quarter.
Nonresidential fixed investment turned down, sub
tracting 0.23 percentage point from real GDP growth
after adding 0.36 percentage point (see page 4).
Residential fixed investment accelerated, adding 0.32
percentage point to real GDP growth after adding 0.19
percentage point (see page 4).
Inventory investment turned up, adding 0.77 percent
age point to real GDP growth after subtracting 0.46
percentage point (see page 5).
Exports decelerated, contributing 0.16 percentage
point to real GDP growth after adding 0.72 percentage
point (see page 6).
Imports decelerated, subtracting 0.02 percentage
point from real GDP growth after subtracting 0.49
percentage point (see page 6).
Federal government spending turned up, adding 0.71
percentage point to real GDP growth after subtracting
0.02 percentage point (see page 7).
State and local government spending decreased less,
subtracting 0.04 percentage point from real GDP
growth after subtracting 0.12 percentage point (see
page 7).
N ote.
Table 2. Real Gross Domestic Product (GDP) and Related Measures
[Seasonally adjusted at annual rates]
Share of
currentdollar
GDP
(percent)
Gross domestic product1..........
Final sales of domestic product
Change in private inventories
Goods....................................
Services..................................
Structures................................
Addenda:
Motor vehicle output....................
GDP excluding motor vehicle output
Final sales of computers...............
GDP excluding final sales of
computers...............................
Gross domestic income (GDI)2.....
Change from
preceding period
(percent)
2012
2011
III
IV
100.0 4.1
99.5
1.5
0.5
28.7 16.1
64.3 -1.0
7.0 7.2
2.7 24.0
97.3 3.6
0.4 31.1
99.6
4.0
4.5
Contribution to percent
change in real GDP
(percentage points)
2012
I
2.0
2.4
3.9
0.6
7.4
II
Ill
1.3
1.7
2.7 4.1
1.9 1.56
2.53
5.8 4.23
1.4 -0.62
2.3 0.49
1.3
1.2
1.7
2012
2011
IV
I
2.0
2.35
-0.39
1.09
0.38
0.50
II
III
1.3
2.7
1.90
0.77
1.62
0.89
0.16
1.71
-0.46
0.38
0.76
0.12
7.3 -8.4 0.55 0.72 0.20 -0.24
1.1 3.0 3.54 1.23 1.06 2.91
4.5 -19.9 31.7 0.12 0.02 -0.10 0.12
30.9
1.3
1.9 1.4
3.8 -0./
2.6 3.97 1.94 1.35
2.55
1./
1. The estimates under the contribution columns are also percent changes.
2. GDI is deflated by the implicit price deflator for GDP. The third-quarter change reflects the incorporation of
revised wage and salary estimates for the third quarter of 2012.
N o t e . For GDP and its components, percent changes are from NIPA table 1.2.1, contributions are from NIPA
table 1.2.2, and shares are calculated from NIPA table 1.2.5. For GDI, percent changes are from NIPA table 1.7.1.
Real final sales of domestic product, real GDP less in
ventory investment, accelerated slightly, increasing 1.9
percent after increasing 1.7 percent.
Motor vehicle output turned down, subtracting 0.24
percentage point from real GDP growth after adding
0.20 percentage point.
Final sales of computers turned up, adding 0.12 per
centage point to real GDP growth after subtracting
0.10 percentage point.
Real gross domestic income, which measures the out
put of the economy as the costs incurred and the in
comes earned in the production of GDP, increased 1.7
percent in the third quarter; in contrast, it decreased
0.7 percent (revised) in the second quarter.
December 2012
S urvey
of
3
C u r r e n t B u s in e s s
C o n su m er S pending
Table 3. Real Personal Consumption Expenditures (PCE)
[Seasonally adjusted at annual rates]
Share of
currentdollar
PCE
(percent)
Contribution to percent
change in real PCE
(percentage points)
Change from
preceding period
(percent)
2011
III
IV
I
II
III
IV
PCE1..................................
Goods........................................
100.0
34.0
2.0
5.4
2.4
4.7
1.5
0.3
1.4
3.5
2.0
1.81
2.4
1.57
Durable goods......................
10.9
3.6
13.9
28.6
11.5
13.0
-0 .2
8.7
10.3
1.40
0.88
1.20 -0 .0 2
0.45 -0.37
5.9
0.22
2011
2012
I
2.4
9.8
8.6
-0 .7
Nondurable goods..............
3.2
1.7
23.1
11.8
-3 .6
1.8
13.1
9.8
1.6
7.2
8.6
0.6
Food and beverages for offprem ises consum ption....
C lothing and footwear
7.4
3.3
0.3
3.4
0.0
5.9
-0 .5
-4 .9
0.8
5.4
G asoline and other energy
g o o d s ..................................
O ther nondurable goods
4.0
8.4
0.5
3.1
-2 .5
3.5
8.5
0.3
-3 .8
2.1
Services....................................
66.0
0.3
1.3
2.1
0.3
63.2
17.8
16.2
2.8
3.7
0.5
-3.4
3.7
-1.1
0.6
1.4
-2 .2
3.7
1.6
-0 .6
1.5
5.5
-1 .3
2.9
2.9
6.4
4.7
4.8
1.1
7.4
-2.0
OO
oo
Furnishings and durable
household equipm ent
R ecreational goods and
veh icles...............................
O ther durable goods
bo
Motor vehicles and parts....
2012
I
CO
2012
3.0
3.8
1.1
-0.1
-0.1
-4 .9 -0 .1 5
0.8 0.26
2.8
10.9
-4 .9
3.1
-1 .2
4.1
16.3
0.6
10.8 -0 .1 4 -0 .0 3
0.4 0.34 0.44
8.1
6.0
5.9
-4.1
-2 .9
Household consumption
expenditures..........................
Housing and u tilitie s ............
Health c a re ............................
Transportation services
Recreation service s.............
Food services and
accom m odations..............
Financial services and
in su ra n ce ...........................
O ther s e rv ic e s ......................
Final consum ption expendi
tures of N P IS H s2..................
G ross output of N P IS H s3 ...
Less: Receipts from sales
of goods and services by
N P IS H s4............................
11.3 0.35
4.6 -0 .0 6
1.1 0.41
0.02
0.11
II
1.5
0.11
III
1.4
1.17
0.91
0 .3 5 -
0.20 -0 .0 2
0.14
0.39
0.16
0.38
0.22
0.14
0.14
0.34
0.08
0.26
0.00 -0 .0 4
0.19 -0 .1 7
0.06
0.17
0.02 -0 .1 0
0.26 0.29
0.32 -0 .1 5
0.02 0.18
0.22
1.39
0.87
0.23
-0.1
0.36 0.90 0.98 -0 .0 5
1.3 -0.63 -0.39 0.95 0.24
-1 .5 0.59 0.59 -0.21 -0 .2 5
0.4 -0 .0 3 0.04 0.08 0.01
4.6 0.02 -0 .0 2 0.10 0.17
1.1
0.29
0.47
0.07
0.07
0.28 -0.01
0.10 -0.01
-0.37
0.30
0.41
0.07
0.07
0.29
0.04
Consumer spending increased 1.4 percent in the third
quarter after increasing 1.5 percent in the second
quarter. The slight slowdown reflected a deceleration
in spending for services that was mostly offset by an
acceleration in spending for goods. Over the last 12
quarters, consumer spending has increased on average
by about 2 percent.
In the third quarter, consumer spending for motor ve
hicles and parts turned up, reflecting upturns in
spending on both new and used vehicles.
Consumer spending for clothing and footwear also
turned up.
In contrast, spending for gasoline and other energy
goods turned down, reflecting a downturn in spend
ing for motor vehicle fuels.
Spending for housing and utilities slowed, reflecting a
deceleration in spending for household utilities, nota
bly for electricity and gas.
Financial services and insurance decreased more than
in the second quarter, reflecting a downturn in con
sumer purchases of financial services.
Chart 2. Real Personal Consumption Expenditures
Percent change from the preceding quarter
5
S e a s o n a lly a d ju s te d a t a n n u a l ra te s
0.47 -0 .3 4 -0 .2 4
1. The estimates under the contribution columns are also percent changes.
2. Gross operating expenses less primary sales to households.
3. 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).
4. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the
world; includes membership dues and fees.
Note. Percent changes are from NIPA table 2.3.1, and contributions, from NIPA table 2.3.2; shares are calcu
lated from NIPA table 2.3.5.
NPISHs Nonprofit institutions serving households
II
2008
2009
2010
2011
2012
Contributions to the percent change in consumer spending in 2012:1
G oods
I D u ra b le g o o d s
I N o n d u ra b le g o o d s
I S e rv ic e s
0 .5
1 .0
P e rc e n ta g e p o in ts a t an a n n u a l ra te
U.S. Bureau of Economic Analysis
1.5
4
December 2012
GDP and the Economy
Private Fixed Investm ent
Table 4. Real Private Fixed Investment (PFI)
[Seasonally adjusted at annual rates]
Share of
currentdollar
PFI
(percent)
Private fixed investment1
2012
2011
III
IV
Contribution to percent change
in real PFI (percentage points)
2012
I
2012
2011
II
III
IV
I
II
III
9.8
4.5
0.7
10.0
9.8
9.5
7.5
3.6 -2.2
7.84
6.25
2.92 -1.82
23.0
11.5
12.9
0.6 -1.1
2.57
2.93
0.14 -0 .2 5 '
5.1
2.6
4.6
-5 .0
21.8
9.3
11.1 10.3
5.8
-7 .8 26.2 -1 6 .0
94.3 -1 9 .5 -8.1
-0 .2 5
0.54
0.40
7.5
3.2
21.b
10.4
-8 .4
3.0
57.6
8.8
5.4
27.4
6.7
5.9
100.0 10.0
Nonresidential...........................
80.6
Structures..............................
Com mercial and health care
M anufacturing.........................
Power and communication
Mining exploration, shafts,
and w ells..............................
O ther structures 2..................
Equipment and software.....
Information processing
equipm ent and software
Computers and
peripheral equipm ent...
Software 3...........................
O th e r4.................................
Change from
preceding period
(percent)
3.6
14.7
0.7/
0.54
0.29
0.49
-0.21
0.62 -0 .4 6
3.16 -1 .0 5 -0 .3 9
3 ./
1.2
1.56
0.32
-0 .6 7
0.11
4.8 -2.7
5.27
3.32
-2 .8
1.97
1.69 -0 .6 8 -0 .8 0
11.2 1 4 ./ -1 9 .6 -3 1 .9
8.7
1.9
6.1
2.6
1.7
3.2
8.5 -6 .9
21.4 -1 3 .6 13.6
0.1
31.0 20.0 15.8 -1 6 .3
-1 2 .7 11.8
6.9
9.8
0.48
1.30
0.19
2.05
2.62
-1 .3 7
0.60 -0.91 -1 .4 6
0.29
0.88
0.38
0.79 -0.6 6
0.28
1.27
-1 .4 5
0.01
1.91
1.48 -1 .7 6
1.17
0.70
0.98
9.1
9.9
9.7
10.6
Residential.................................
Structures..............................
19.4
19.0
12.1
12.3
20.5
21.2
Permanent s ite ......................
7.7
6.6
1.1
11.2
8.5
Single fa m ily ......................
Multifam ily...........................
O ther structures 6..................
5.9
14.6
30.9
26.9
61.7
15.6
Equipment.............................
0.5
7.1
CO
oo
Industrial equipm ent.............
Transportation equipm ent....
O ther e qu ip m en t5 ................
-4.1
4.5
13.5
-2 .4
8.5 14.2
8.8 14.4
25.4
17.6
87.9
-0 .6
31.8
31.1
36.1
4.1
-1.6 -2.5
7.3
-0 .3 2
0.40
0.28
0.04
2.77 -1 .5 7 '
1.54
1.55
2.54
2.51
1.61
1.44
0.99
0.43
0.62
1.67 -0 .0 6
2.06
1.73
0.33
0.45
0.03 -0.01 -0.01
0.03
2.15
2.12
3.53
3.54
0.56
1.87
0.51
0.05
1.56
Private fixed investment increased 0.7 percent in the
third quarter after increasing 4.5 percent in the second
quarter. The slowdown reflected downturns in non
residential fixed investment in equipment and soft
ware and in structures that were partly offset by a
pickup in residential fixed investment.
Nonresidential structures fell 1.1 percent after increas
ing 0.6 percent. The downturn primarily reflected a
downturn in manufacturing and a slowdown in
“other” structures that were partly offset by a smaller
decrease in power and communication and an upturn
in mining exploration, shafts, and wells.
The downturn in equipment and software primarily
reflected a downturn in transportation equipment
(notably aircraft and light trucks) and a deceleration
in industrial equipment.
Residential fixed investment increased 14.2 percent af
ter increasing 8.5 percent. The pickup reflected an ac
celeration in single-family structures and an upturn in
“other” structures (specifically, improvements) that
were partly offset by a slowdown in multifamily struc
tures. Residential investment has increased over 15
percent since its low point in the third quarter of 2010.
Chart 3. Real Private Fixed Investment
P e r c e n t c h a n g e fr o m th e p r e c e d in g q u a r te r
30
S e a s o n a lly a d ju s te d a t a n n u a l ra te s
1. The estimates under the contribution columns are also percent changes.
2. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recre
ational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
3. Excludes software “embedded,” or bundled, in computers and other equipment.
4. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photo
copy and related equipment, and office and accounting equipment.
5. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and
oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
6. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures,
and brokers’ commissions on the sale of residential structures.
N o t e . Percent changes are from NIPA table 5.3.1, contributions are from NIPA table 5.3.2, and shares are
calculated from NIPA table 5.3.5.
-2 0
-3 0
-4 0
2008
J ____I____I____ I____I____I____ I____I____I____I____ I____I____I____ L
2009
2010
2011
2012
C o n tr ib u tio n s to th e c h a n g e in r e a l p riv a te fix e d in v e s tm e n t in 2 0 1 2 :
N o n re s id e n tia l s tru c tu re s
N o n r e s id e n tia l e q u ip m e n t a n d s o ftw a re
-
2
-
1
0
1
P e rc e n ta g e p o in ts a t a n a n n u a l rate
U.S. Bureau of Economic Analysis
2
December 2012
Survey
of
5
C u r r e n t B u s in e s s
Inventory Investm ent
Real inventory investment increased $19.9 billion in
the third quarter after decreasing $15.5 billion in the
second quarter. The upturn reflected upturns in man
ufacturing and wholesale trade industries that were
partly offset by downturns in “other” industries and in
retail trade industries and a larger decrease in farm.
Table 5. Change in Real Private Inventories by Industry
[Billions of chained (2005) dollars; seasonally adjusted at annual rates]
C hange from
preceding quarter
Level
2012
2011
2012
2011
Change in private inventories1
-4.3
70.5
56.9
41.4 61.3
Farm ........................................................
-2 .8
-1 .6
-2 .6
- 7 .9 -1 9 .4
M ining, utilities, and construction....
0.1
7.6
15.7
3.1
-4 .8
M a nu factu rin g ......................................
2.4
Durable-goods in du strie s.............
Nondurable-goods in d u strie s......
16.1
-11,4
35.5
22.4
13.3
11.9
12.4
0.4
-1 .8
14.3
-13 .6
36.5
28.8
8.9
W holesale tra d e ..................................
D urable-goods in d u strie s .............
N ondurable-goods in d u strie s......
2.7
19.0
-12.5
30.2
15.5
14.1
19.1
21.5
0.0
13.8
24.4
-7 .0
31.7
21.4
11.0
27.5 -11 .1
-3 .5
6.0
26.6 -14.1
-5 .3
2.9
-7 .0
Retail tra d e ............................................
M otor vehicle and parts dealers
Food and beverage stores............
General m erchandise s to re s .......
O ther retail stores...........................
O ther industries...................................
-5.1
-4 .8
1.6
-0 .7
-1 .6
-3 .4
1.7
-0 .2
-0 .7
3.2
8.3
1.8
-2 .4
2.8
6.2
16.0
1.3
21.1
20.1
2.4
-1 .0
0.8
- 5 .7
-7.1
2.32
2.12
2.32
2.13
2.32
2.13
2.32
2.14
2.33
2.16
3.94
3.92
3.90
3.91
3.93
R e s id u a l2 .............................................
-1 .5
-5 .8
-5 .0
0.9
2.5
-2 .2
1.7
29.4 19.8
21.9 20.5
0.0 -0 .2
1.8 -1 .3
2.2
7.0
10.3
4.9
-1 2 .9 ■10.7
74.8 •13.6 -15.5
1.2
-1 .0
-5 .3
7.5
8.1
-1 2 .6
33.1 -23.6
6.3 -10.0
24.7 -1 2 .9
-1 3 .7
1.9
-1 4 .0
-0 .6
3.2
24.5
25.1
1.5
-3 .5
3.0
-7 .4
19.9'
Addenda: Ratios of private
inventories to final sales of
domestic business:3
Private inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales
of goods and structures............
1. The levels are from NIPA table 5.6.6B.
2. The residual is the difference between the first line and the sum of the most detailed lines.
3. The ratios are from NIPA table 5.7.6B.
N o t e . The chained-dollar series are calculated as the period-to-period change in end-of-period inventories.
Quarterly changes are stated at annual rates. Because the formula for the chain-type quantity indexes uses
weights of more than one period, chained-dollar estimates are usually not additive.
The larger decrease in farm primarily reflected the ef
fects of the drought (see the box).
The upturn in manufacturing reflected an upturn in
nondurable-goods industries and an acceleration in
durable-goods industries.
The upturn in wholesale trade reflected an upturn in
nondurable-goods industries that was partly offset by
a downturn in durable-goods industries.
The downturn in retail trade reflected downturns in
“other” retail trade, in general merchandise stores, and
in motor vehicle and parts dealers that were partly off
set by a smaller decrease in food and beverage stores.
The downturn in “other” industries reflected down
turns in agricultural services, forestries, and fisheries
and in transportation and warehousing.
Chart 4. Real Private Inventory Investment
C h a n g e fr o m th e p re c e d in g q u a r te r
B illio n s o f c h a in e d ( 2 0 0 5 ) d o lla r s
150
S e a s o n a lly a d ju s te d a t a n n u a l ra te s
100
50
Effects of the Sum m er Drought
This summer’s drought adversely affected agricultural pro
duction in several Midwestern states. The NIPAs reflect the
effects of the drought in several ways, but the largest effect
was on BEA’s estimates of farm inventory investment.
The farm inventory investment estimates reflect the con
tinuing effects of the drought on farm production (particu
larly losses for corn and soybeans). Based on USDA farm
statistics, BEA estimated that the drought reduced currentdollar farm inventory investment by about $29 billion in the
third quarter after reducing farm inventory investment by
about $12 billion in the second quarter. In the third quarter,
total farm inventory investment subtracted 0.39 percentage
point from real GDP growth after subtracting 0.17 percent
age point in the second quarter.
For more details, including a discussion of income-side
effects, see “Effects of the 2012 Midwest Drought on the
NIPA Estimates” in the October 2012 S u r v e y o f C u r r e n t
B
u s in e s s .
III I V r -.'
-5 0
-1 0 0
2008
J----- u
2010
2009
2011
2012
C o m p o s itio n o f c h a n g e in in v e n to r y in v e s tm e n t in 2012:111
F a rm
M in in g , u tilitie s , a n d c o n s tru c tio n ;
M a n u fa c tu rin g
W h o le s a le tra d e
R e ta il tra d e
O th e r in d u s trie s
-2 0
-1 0
U.S. Bureau of Economic Analysis
0
10
20
30
40
December 2012
GDP and the Economy
6
Exports and Im ports
Table 6. Real Exports and Imports of Goods and Services
[Seasonally adjusted at annual rates]
Share of
currentdollar
exports
and
imports
(percent)
Exports of goods and
services1..........................
Exports of goods2...................
Foods, feeds, and beverages
Industrial supplies and
materials..........................
Capital goods, except
automotive........................
Automotive vehicles, engines,
and parts.........................
Consumer goods, except
automotive........................
Other...................................
Exports of services2................
Imports of goods and
services 1.........................
Imports of goods2....................
Foods, feeds, and beverages
Industrial supplies and
materials, except petroleum
and products....................
Petroleum and products........
Capital goods, except
automotive.......................
Automotive vehicles, engines,
and parts.........................
Consumer goods, except
automotive........................
Other...................................
Imports of services2 ................
Addenda:
Exports of agricultural goods3
Exports of nonagricultural
goods ..............................
Imports of nonpetroleum
goods ..............................
2012
2011
III
IV
I
II
1.4
100.0
Contribution to
percent change in
real exports and imports
(percentage points)
Change from
preceding period
(percent)
2012
2012
2011
III
IV
II
III
4.4
5.3
1.1
4.4
5.3
1.1
70.8
6.8
6.0 4.0
5.8 -10.2
7.0
32.1
0.2
15.6
4.14 2.89
0.33 -0.62
4.92
1.67
0.17
0.95
21.6
13.5 -6.3
9.1 -8.4
2.96 -1.47
2.02 -1.93
24.3
4.6 12.5
6.6 -2.6 24.3
8.3 3.4 -/.0
3.1 -10.7 51.4
29.2 -8.8
5.2
100.0
83.1
4.1
4.9
3.1
6.3 2.0
20.3 -2.9
10.7 -4.0 12.3
14.9 2.9 -21.7
20.1
12.9 11.6
11.2
8.6 36.0
19.1
1./ -/.3
3.2 31.8 33.8
16.9 -1.7 9.0
7.4
11.8 -2.5
-0.8
7.5
1.4
I
1.07
9.3 -10.9 -0.17
2.87 -0.16
1.45
1.76
0.62 -0.78
13./ -0.6 0.28 -0.60
1.08 -0.04
-9.1
7.1 -0.33 1.26 -0.30 0.21
1.1 3.2 -2.70 1.49 0.33 0.93
2.8
0.1
2.9 -1.0
-5.0 8.2
4.90
3.10
2.80
0.10
5.20 1.68 2.40 -0.84
0.77 -0.12 -0.21 0.32
0.3 6.5 -0.44 1.24 0.04 0.67
-3.0 -4.4 0.50 -4.24 -0.51 -0.69
/.b -9.0
2.39
2.15
1.46 -1.90
4.3
0.83
3.18
0.45
7.9
6.2 0.0 0.34 -1.43
1.6 -2.0 0.81 0.89
2.3 5.9 -0.27 1.41
26.8
0.83
1.12 0.00
0.05 -0.06
0.38 0.95'
15.9
63.4
5.4
4.7
5.2 -1.4
68.3
7.2
4?
4.4 -0.2
1. The estimates under the contribution columns are also percent changes.
2. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal
government, are included in services.
3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of
nondurable nonautomotive consumer goods.
Note. Percent changes are from NIPA table 4.2.1, contributions are from NIPA table 4.2.2, and shares are
calculated from NIPA table 4.2.5.
Real exports of goods and services decelerated, reflect
ing a deceleration in exports of goods that was partly
offset by an acceleration in exports of services.
The deceleration in goods exports reflected down
turns in industrial supplies and materials (notably
coal and petroleum products), in automotive vehicles,
engines, and parts, and in nonautomotive consumer
goods. In contrast, nonautomotive capital goods
turned up, reflecting an upturn in civilian aircraft, en
gines, and parts.
The acceleration in services exports primarily re
flected an upturn in passenger fares and an accelera
tion in “other” private services.
Real imports of goods and services decelerated, re
flecting a downturn in imports of goods that was
partly offset by an acceleration in imports of services.
The downturn in goods imports reflected a downturn
in nonautomotive capital goods and a deceleration in
nonautomotive consumer goods that were partly off
set by an acceleration in nonpetroleum industrial sup
plies and materials and an upturn in foods, feeds, and
beverages.
The acceleration in services imports was driven pri
marily by an acceleration in royalties and license fees
(reflecting payments associated with the broadcasting
rights for the summer Olympic games) that was partly
offset by a downturn in travel.
Chart 5. Real Exports and Imports of Goods
and Services
Percent change from the preceding quarter
30
S e a s o n a ll y adju ste d a t an n u al r a te s
20
, 1
10
0
1
1
1
il 1 1
il
il
ilo o 1
ilo .n l
i.
II
il
i_o-
'
-1 0
-2 0
-3 0
■ Exports 1 Imports
L
^1 0 -----i.....J----- L.... ....J ..... 1- ...l._ _ l.... . 1
2008
2009
U.S. Bureau of Economic Analysis
2010
1
1
2011
1
1
1
1
2012
December 2012
S urvey
of
7
C u r r e n t B u s in e s s
G overnm en t S pending
Table 7. Real Government Consumption Expenditures
and Gross Investment (CEGI)
[Seasonally adjusted at annual rates]
Share of
currentdollar
CEGI
(percent)
Government consumption expen
ditures and gross investment1
Consum ption expenditures
G ross investm ent..........................
Federal.............................................
National defense.........................
Consum ption expenditures
G ross investm ent..........................
Nondefense..................................
Consum ption e xp e n d itu re s.......
G ross investm ent..........................
State and local.................................
Consum ption expenditures.............
G ross in ve stm e n t..............................
Contribution to percent
change in real CEGI
(percentage points)
Change from
preceding period
(percent)
2012
2011
III
IV
2012
2012
2011
I
II
-3.0
-0.7
-2 .7 -1.1
0.6 -1 2 .5
-1 .2
2.3
4.7 -2 .2 9 -0 .9 5 -1 .0 4 3.91
-2 .9 0.10 -2 .0 5 0.35 -0 .4 3
40.2 -4.4 -4.2 -0.2
27.0 -10.6 -7.1 -0 .2
9.5 -1.76 -1.69 -0.09 3.68
12.9 -3.00 -1 .9 2 -0.04 3.29
23.6 -13.1 -4 .7
3.4
7.4 -2 1 .3
-0 .3
100.0 -2 .2
84.7
15.3
-2.1
13.8
III
IV
3.5 -2.2
I
II
-3.0
-0.7
15.0 -3 .2 6 -1 .1 0 -0 .4 8
0.26 -0 .8 2 0.44
III
3.5
3.29
0.00
13.2 10.2
1.8 -0.4
3.0 1.24 0.23 -0.05 0.39
12.9
-0 .2
-1 .3
1.35 0.40 -0 .0 3 0.45
-4 .0 -0 .1 2 -0 .1 7 -0 .0 2 -0 .0 6
-1 .0
-1.1
-0 .7
-0 .4 -0.4 2 -1.31 -0.6 0 -0.2 0
0.3 -0 .3 8 -0 .2 5 -0 .5 3 0.17
-3 .5 -0 .0 4 -1 .0 6 -0 .0 8 -0 .3 7
11.6
1.6
3.6
-6 .7 -1 0 .0
59.8 -0.7
-2 .2
49.6
10.2
-0 .5
-9 .8
-0 .8
-0 .4
Total government spending turned up. Both federal
defense and nondefense spending turned up, and state
and local spending decreased less in the third quarter
than in the second quarter.
3.9
The large upturn in defense spending reflected an up
turn in consumption expenditures (specifically, inter
mediate services purchased). In contrast, investment
in defense equipment and software slowed.
The upturn in nondefense spending reflected an up
turn in consumption expenditures (specifically, a
downturn in government sales to other sectors).
The smaller decrease in state and local spending re
flected an upturn in compensation that was partly off
set by a downturn in investment in equipment and
software and a larger decrease in investment in struc
tures.
1. The estimates under the contribution columns are also percent changes.
Note. Percent changes are from NIPA table 3.9.1, contributions from NIPA table 3.9.2, and shares are calcu
lated from NIPA table 3.9.5.
Chart 6. Real Government Consumption
Expenditures and Gross Investment
Percent change from the preceding quarter
10
Government Spending
“Government consumption expenditures and gross invest
ment,” or “government spending,” consists of two compo
nents: (1) consumption expenditures by federal government
and by state and local governments and (2) gross investment
by government and government-owned enterprises.
Government consumption expenditures consists of the
goods and services that are produced by general government
(less any sales to other sectors and investment goods pro
duced by government itself). Governments generally pro
vide services to the general public without charge. The value
of government production—that is, governments gross out
put—is measured as spending for labor and for intermediate
goods and services and a charge for consumption of fixed
capital (which represents a partial measure of the services
provided by government-owned fixed capital).
Gross investment consists of new and used structures
(such as highways and dams) and of equipment and soft
ware purchased or produced by government and govern
ment-owned enterprises.
Government consumption expenditures and gross invest
ment excludes current transactions of government-owned
enterprises, current transfer payments, interest payments,
subsidies, and transactions in financial assets and nonpro
duced assets, such as land.
S e a s o n a lly a d ju s te d a t a n n u a l r a te s
8
6
4
1 1 1
2
___ t . l i ___ i___ I ___i ___ j____ i___i ___ j.___ j . I .
o
■
■
■
■
m
-2
-4
-6
-8
2008
J ____I____I____ I____I____I____ I____I____I____I____ I____I____ I____L
2009
2010
2011
2012
Contributions to the percent change in government spending in 2012:111
N a tio n a l d e fe n s e s p e n d in c
■
1
I
I
N o n d e fe n s e s p e n d in g
S t. ite a n d lo c a l g o v e rn m e n t s se n din g
-
1
0
1
2
Percentage points at an annual rate
U.S. Bureau of Economic Analysis
3
4
December 2012
G D P a n d th e E c o n o m y
8
Prices
Table 8. Prices for Gross Domestic Purchases
[Percent change at annual rates; based on seasonally adjusted index numbers (2005=100)]
Contribution to percent
change in gross
dom estic purchases prices
(percentage points)
Change from
preceding period
(percent)
2012
2011
IV
I
2011
II
III
IV
2012
I
II
III
Gross domestic purchases1.................
0.9
2.5
0.7
1.4
0.9
2.5
0.7
1.4
Personal consumption expenditures........
1.1
2.5
0.7
1.6
0.71
1.70
0.47
1.09
G o o d s ..................................................................
Durable g o o d s...............................................
-0 .2
-2 .5
0.8
1.7
2.5
-1 .0
4.2
-1 .8
-1 .2
-2 .2
2.0
Nondurable g o o d s........................................
S e rvice s..............................................................
Gross private domestic investment..........
Fixed investm ent...............................................
N onresidential...............................................
S tructures...................................................
Equipment and softw are.........................
R e sidential.....................................................
Change in private inventories.........................
Government consumption expenditures
and gross investment...........................
Fed era l.................................................................
National d e fe n se ..........................................
N ondefense....................................................
State and lo c a l...................................................
2.5
1.9 -0 .0 6 0.59 -0 .4 3 0.44
-2 .3 -0.1 9 -0 .0 7 -0 .0 9 -0.1 8
3.9 0.13 0.66 -0 .3 4 0.61
1.4 0.77 1.11 0.90 0.65
1.2 1.0
1.3
0.5
0.16
0.13
0.17
0.06
1.4
1.2
1.2
1.2
0.16
0.14
0.14
0.14
1.5
4.5
0.4
0.6
1.8
2.7
1.4
-1 .4
1.2
3.2
0.4
1.2
0.8
1.0
0.7
2.9
0.15 0.17
0.12 0.08
0.03 0.10
0.01 -0 .0 3
0.00 -0.01
3.6
0.6
1.3 0.00
0.68 0.11
0.25
-0 .9
-0 .9
-0 .8
0.6
3.2
4.2
1.2
3.8
1.2
0.9
2.0
0.1
0.9 -0 .0 7
0.9 -0 .0 5
1.0 -0 .0 2
1.6 0.07
0.24
0.21
0.03
0.44
0.07
0.04
0.02
3.4
-5 .2
1.0
0.7
1.2
7.6 -13.1
2.4
1.4
-0 .6 0.18
10.3 -0 .2 2
1.1 0.91
3.3
-5 .0
1.3
0.7
1.3
8.1 -1 3 .6
1.7
2.2
0.6
10.5
1.1
0.4
-3 .8
2.0
2.8
1.6
0.5
2.7
0.5
0.0
5.6
-3 .9
-6 .5
0.0
0.12 0.08
0.09 0.03
0.03 0.05
0.03 0.07
0.02 -0.0 8
0.09
0.04
0.05
0.02
0.19
Addenda:
G ross dom estic purchases:
F o o d ......................................................................
Energy goods and s e rv ic e s ...........................
Excluding food and energy.............................
Personal consum ption expenditures (PCE):
Food and beverages for off-premises
consum ption...................................................
Energy goods and s e rv ic e s ...........................
Excluding food and energy..............................
E x p o rts ....................................................................
Im ports......................................................................
0.07 0.03 -0 .0 3
0.31 -0 .5 5 0.39
2.14 1.26 1.04
Prices paid by U.S. residents, as measured by the gross
domestic purchases price index, accelerated in the
third quarter. Excluding food and energy, prices
slowed.
Consumer prices picked up. The pickup was more
than accounted for by an upturn in prices for nondu
rable goods, mainly in prices paid for gasoline and
other energy goods. Prices paid for consumer services
slowed.
Prices paid for nonresidential fixed investment
slowed, reflecting a slowdown in prices paid for struc
tures.
Prices paid for residential fixed investment acceler
ated, increasing 2.9 percent after increasing 1.2 per
cent.
Prices paid by government picked up. A pickup in
prices paid by state and local governments, mainly for
petroleum and related goods, was partly offset by a
slowdown in prices paid by the federal government.
Consumer prices excluding food and energy, a mea
sure of the “core” rate of inflation, slowed, increasing
1.1 percent after increasing 1.7 percent.
The GDP price index increased 2.7 percent, 1.3 per
centage points more than the increase in the price in
dex for gross domestic purchases. The faster growth in
the GDP price index than in the gross domestic pur
chases price index reflected a small increase in export
prices (0.5 percent) relative to a larger decrease in im
port prices (6.5 percent).
1. The estimates under the contribution columns are also percent changes
N o te . 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 calculated from index numbers in NIPA table 2.3.4.
Contributions are from NIPA table 1.6.8. GDR export, and import prices are from NIPA tablel .1.7.
Note on Prices
BEA’s gross domestic purchases price index is the most com
prehensive index of prices paid by U.S. residents for all
goods and services, regardless of whether those goods and
services were produced domestically or imported. It is
derived from prices of consumer spending, private invest
ment, and government spending.
The GDP price index measures the prices of goods and
services produced in the United States, including the prices
of goods and services produced for export.
The difference between the gross domestic purchases
price index and the GDP price index reflects the differences
between imports prices (included in the gross domestic pur
chases index) and exports prices (included in the GDP price
index). For other measures that are affected by import and
export prices, see the FAQ “How do the effects of dollar
depreciation show up in the GDP accounts?”on BEA’s Web
site.
Chart 7. Gross Domestic Purchases Prices
Percent change at seasonally adjusted annual rates
6
4
2
0
-2
-A
- 6 2008
2009
U.S. Bureau of Economic Analysis
2010
2011
2012
December 2012
S urvey
of
C u r r e n t B u s in e s s
9
R evisions
Table 9. A d v a n c e a n d S e c o n d E s tim a te s fo r th e T h ird Q u a rte r o f 2012
[Seasonally adjusted at annual rates]
Contribution to percent
change in real GDP
(percentage points)
Change from
preceding quarter
(percent)
Ad
vance
Second
Second
A d
minus
vance
advance
Second
Gross domestic product (GDP)1.
2.0
2.7
0.7
2.0
2.7
Personal consumption expenditures.
2.0
4.4
1.4
-0 .6
-0.9
0.2
-1.3
-0.5
1.42
0.99
1.03
0.63
0.40
0.39
0.83
0.64
0.18
0.16
0.07
-0.13
-0.13
0.00
0.33
-0 .1 2
0.86
0.10
-0.23
-0.03
-0 .2 0
0.32
0.77
G oods.........................................................
Durable g o o d s .....................................
Nondurable g o o d s ..............................
S e rv ic e s ....................................................
G ro ss p riv a te d o m e s tic in v e s tm e n t...................
Fixed inve stm e n t.....................................................
N onresidential.....................................................
S truc tu res.........................................................
Equipm ent and softw are ..............................
R esidential............................................................
Change in private inventories..............................
8.5
2.4
0.8
3.5
8.7
1.1
0.3
0.5
6.7
1.5
0.7
-1.3
-4.4
0.0
14.4
-2 .2
-1.1
-2.7
14.2
-0.18
0.14
-1 .6
-3.5
3.1
-0 .2
-1.3
5.5
1.1
0.2
3.2
0.1
-1 .0
5.9
-0.23
-0.35
0.12
0.04
0.20
-0.16
0.16
0.03
0.13
-0 .0 2
0.15
-0.17
3.7
9.6
13.0
3.0
-0.1
3.5
0.71
0.67
9.5
12.9
3.0
-0.4
0.72
0.64
0.08
-0.01
0.71
0.64
0.08
-0.04
2.1
1.5
2.8
1.9
1.4
2.7
2.13
1.90
6.2
-0 .8
-0.9
3.3
-2.7
-0 .2
N et e x p o rts o f g o o d s a nd s e rv ic e s ....................
E xp orts.......................................................................
G oo d s....................................................................
S ervices.................................................................
Im p o rts.......................................................................
G oo d s....................................................................
S ervices.................................................................
G ov ern m en t c o n s u m p tio n e xp en d itu res and
g ro s s in v e s tm e n t..................................................
Federal.......................................................................
National defense.................................................
N ondefense..........................................................
State and lo c a l........................................................
0.20
The downward revision to consumer spending pri
marily reflected downward revisions to financial ser
vices, to electricity and gas services, and to motor
vehicle fuels.
The downward revision to nonresidential investment
reflected downward revisions to motor vehicles, to air
craft, to software, and to computers and peripheral
equipment.
The upward revision to inventory investment reflected
upward revisions to manufacturing, to wholesale
trade, and to “other” industries.
The upward revision to exports was primarily to
goods.
Addenda:
Final sales of dom estic product..............
Gross dom estic purchases price in d e x .
GDP price in d e x.........................................
-0.23
1. The estim ates under the contribution colum ns are also percent changes.
Personal Income for the Second Quarter of 2012
With the release of the second estimates of GDP, BEA also
releases revised estimates of various income-related mea
sures for the previous quarter. This revision reflects the
incorporation of second-quarter tabulations from the quar
terly census of employment and wages from the Bureau of
Labor Statistics.
Wage and salary disbursements increased $23.3 billion, a
downward revision of $31.9 billion. Personal current taxes
increased $14.4 billion, a downward revision of $5.8 billion.
Contributions for government social insurance, which is
subtracted in calculating personal income, increased $1.8
billion, a downward revision of $3.9 billion.
As a result of these revisions,
• Personal income increased $99.9 billion, a downward revi
sion of $30.4 billion.
• Disposable personal income increased $85.4 billion, a
downward revision of $24.6 billion.
• Personal saving increased $28.0 billion, a downward revi
sion of $24.6 billion.
• The personal saving rate was 3.8 percent, a downward revi
sion of 0.2 percentage point.
The second estimate of the third-quarter increase in
real GDP was 0.7 percentage point, or $21.9 billion,
more than the advance estimate. The upward revision
primarily reflected upward revisions to inventory in
vestment and to exports that were partly offset by
downward revisions to consumer spending and to
nonresidential fixed investment.
Major Source Data for the Second Estimates
Personal consumption expenditures: retail sales for July-Sep-
tember (revised). Motor vehicle registrations data for Sep
tember (new). Energy Information Administration data for
motor vehicle fuels, lubricants, and fluids for August (new),
for retail electricity sales for August (new), and for natural
gas usage for August (new). Securities and Exchange Com
mission FOCUS Report data for the third quarter (new),
and Federal Reserve Board tabulations of commercial bank
Call Report data for the third quarter (new).
Nonresidential fixed investment: construction spending
(value put in place) for July and August (revised) and Sep
tember (new). Manufacturers' shipments (M3) of machin
ery and equipment for August and September (revised).
Exports and imports for July and August (revised) and Sep
tember (new). Software company revenue reports for the
third quarter (new). Motor vehicle registrations data for
September (new).
Residential fixed investment: construction spending for
July and August (revised) and September (new).
Change in private inventories: manufacturers’ inventories
for July-September (revised) and trade inventories for July
and August (revised) and September (new). Census Bureau
Quarterly Financial Reports for the third quarter (new).
Exports and imports: international transactions accounts
for July and August (revised) and September (new).
Government consumption expenditures and gross invest
ment: state and local construction spending for July and
August (revised) and September (new).
G D P a n d th e E c o n o m y
10
December 2012
C orporate Profits
T a ble 10. C o rp o ra te P ro fits
[Seasonally adjusted]
Billions of dollars (annual rate)
Percent change from
preceding quarter
(quarterly rate)
Change from
preceding quarter
Level
2012
2011
III
IV
2012
2012
2011
I
II
III
IV
C orporate p ro fits ........................ 1,989.2 1,22.6
D omestic industries.............. 1,555.6 1,19.5
Fin an cia l..............................
460.5 88.0
-5 3 ,0
21.8
-1 1 .9
-39.7
67.3
6.7
-5 .0
-12.3
70.3
71.3
8.6
24.9
31.4
7.3
27.8
-1 .0
3.1
433.7
3.1
-4 8 .0
Receipts from the rest of
-1 3 .7
the w o rld .........................
646.0 -5 .0
Less: Payments to the
34.4
212.3 -8 .2
rest of the w o rld ............
Less: Taxes on corporate
8.4
incom e......................................
462.6
83.2
E quals: Profits after ta x ............ 1,526.6 1,14.3 -1 ,3 6 .2
758.8
12.0
9.2
Net d ivid e n d s.........................
Undistributed profits from
current p ro d u ctio n ............
767.8 102.3 -1 4 5 .5
33.6
-2 .8
10.0
4.5
-2 3 .6
I
II
III
-2.7
1.1
-0 .3
-2.8
-0 .8
-9 .3
3.5
4.7
18.3
0.7
2.6
-0.1
0.7 -10.7
8.4
-0.7
-0 .8
-2.1
1.6
0.7
7.3
-4 .0
17.7 -1 0 .3
3.6
-1 0 .3
31.9
20.4
19.3
48.1
11.3
2.3
7.8
1.7
22.5
-8 .6
1.3
-2 .3
2.2
2.8
4.4
11.6
36.8
13.4 -1 6 .8
1.6
b .0 s
6.0
45.0
-8 .5
0.3
2.4
177.3
225.4
12.1
213.4
-4 8 .0
23.5
-1 0 .2
-3 9 .3
29.0
33.6
64.4
67.3
70.8
-3 .5
-2 .8
6.9
9.2
9.0 15.3
23.2
2.6
3.4 21.3
0.7 -1 0 .7
1.1
-0 .6
-8 .2
2.4
8.4
3.0
4.0
16.0
-0 .3
- 0 .7
Undistributed corporate profits, a measure of saving
that equals after-tax profits less dividends, increased
$36.8 billion, or 5.0 percent, after increasing $11.6 bil
lion, or 1.6 percent.
97.1
188.1
-1 6 .3
106.6
5.3
9.7
-0 .8
5.1
88.8
27.7
104.8
-1 0 .8
-6 .0
39.7
87.3
-42.1
6.0
6.7
-0 .4
5.2
-2.1
-2 3 0 .3
-1 .7
2.9
Net cash flow from current production, a profits-related measure of internal funds available for invest
ment, increased $45.0 billion, or 2.4 percent, after
increasing $6.0 billion, or 0.3 percent.
Current production measures:
Nonfinancial........................ 1,095.1
Rest of the w o rld ...................
N et cash flo w .............................. 1,886.8 139.4 -169.8
7.5
3.3
1.5
Industry profits:
Profits with IV A ........................... 2,188.7 124.7
Dom estic industries.............. 1,755.0 121.5
Fin an cia l..............................
512.7 88.3
N onfinancial........................ 1,242.3 33.2
433.7
Rest of the w o rld ...................
3.1
Addenda:
Profits before tax (without IVA
and C C A dj)............................. 2,214.8
Profits after tax (without IVA
and C C A dj).............................. 1,752.2
IVA..................................................
-26.1
C C A dj............................................ -1 9 9 .5
Profits from current production increased $67.3 bil
lion, or 3.5 percent at a quarterly rate, in the third
quarter after increasing $21.8 billion, or 1.1 percent, in
the second quarter.
Domestic profits of financial corporations increased
$71.3 billion, or 18.3 percent after decreasing $39.7
billion, or 9.3 percent.
Domestic profits of nonfinancial corporations de
creased $1.0 billion, or 0.1 percent after increasing
$27.8 billion, or 2.6 percent.
Profits from the rest of the world decreased $2.8 bil
lion, or 0.7 percent, after increasing $33.6 billion, or
8.4 percent. In the third quarter, receipts increased
$4.5 billion, and payments increased $7.3 billion.
Taxes on corporate income increased $19.3 billion, or
4.4 percent, after decreasing $10.3 billion, or 2.3 per
cent.
N ote. Levels of these and other profits series are shown in NIPA tables 1.12,1.14,1.15, and6.16D.
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment
Measuring Corporate Profits
sus Bureau Quarterly Financial Reports, Federal Deposit
Insurance Corporation call reports, other regulatory
reports, and tabulations from corporate financial reports.
The estimates are benchmarked to Internal Revenue Ser
vice data when the data are available for two reasons: the
data are based on well-specified accounting definitions,
and they are comprehensive, covering all incorporated
businesses—publicly traded and privately held—in all
industries.
Second, to remove the effects of price changes on inven
tories valued at historical cost and of tax accounting for
inventory withdrawals, BEA adds an inventory valuation
adjustment that values inventories at current cost.
Third, to remove the effects of tax accounting on depre
ciation, BEA adds a capital consumption adjustment
(CCAdj). CCAdj is defined as the difference between capi
tal consumption allowances (tax return depreciation) and
consumption of fixed capital (the decline in the value of
the stock of assets due to wear and tear, obsolescence, acci
dental damage, and aging).
Corporate profits is a widely followed economic indicator
used to gauge corporate health, assess investment condi
tions, and analyze the effect on corporations of economic
policies and conditions. In addition, corporate profits is an
important component in key measures of income.
BEA’s measure of corporate profits aims to capture the
income earned by corporations from current production
in a manner that is fully consistent with the national
income and product accounts (NIPAs). The measure is
defined as receipts arising from current production less
associated expenses. Receipts exclude income in the form
of dividends and capital gains, and expenses exclude bad
debts, natural resource depletion, and capital losses.
Because direct estimates of NIPA-consistent corporate
profits are unavailable, BEA derives these estimates in three
steps.
First, BEA measures profits before taxes to reflect corpo
rate income regardless of any redistributions of income
through taxes. Estimates for the current quarter are based
on corporate earnings reports from sources including Cen
December 2012
11
Government Receipts and Expenditures
Third Q uarter of 2012
ET GOVERNMENT saving, the difference be
tween current receipts and current expenditures
of the federal government and state and local govern
ments, was -$1,212.6 billion in the third quarter of
2012, increasing $26.4 billion from -$1,239.0 billion in
the second quarter of 2012.
Net federal government saving was -$1,073.5 billion
in the third quarter, increasing $41.9 billion from
-$1,115.4 billion in the second quarter (see page 12).
Current receipts turned up, and current expenditures
turned down in the third quarter.
Net state and local government saving was -$139.1
billion in the third quarter, decreasing $15.4 billion
from -$123.7 billion in the second quarter (see page
13). Current receipts decelerated, and current expendi
tures accelerated in the third quarter.
“Net lending or net borrowing (- )” is an alternative
measure of the government fiscal position. Net bor
rowing is the financing requirement of the government
sector, and it is derived as net government saving plus
the consumption of fixed capital and net capital trans
fers received less gross investment and net purchases of
nonproduced assets.
Net borrowing was $1,344.8 billion in the third
quarter, decreasing $27.6 billion from $1,372.4 billion
in the second quarter. Federal government net borrow
ing was $1,174.2 billion in the third quarter, decreasing
$38.2 billion from $1,212.4 billion in the second quar
ter. State and local government net borrowing was
$170.6 billion, increasing $10.6 billion from $160.0 bil
lion in the second quarter.
N
Chart 1. Government Fiscal Position
C urrent Receipts, C urrent E xpenditures, and Net G overnm ent Saving
B illio n s o f d o lla r s
6,000
C urrent expenditures
4,000
'C u rre n t receipts
2,000
Net governm ent saving
J ____I____L
2009
-2 ,0 0 0
2008
B illio n s o f d o lla r s
200
i
i
0
1
-2 0 0
-4 0 0
-6 0 0
Change from preceding quarter
2012
2011
III
IV
I
150.9
38.2
2012
i
i
I
i
i
i
I
i
i
-1,200
■ Federal
-1,400
State and local
-1,600
-1,800
i
2008
i ... i
2009
1
i . j
i . L
2010
I
i
2011
i
|
1
2012
Total R eceipts,Total Expenditures, and Net Lending or B orrow ing
B illio n s o f d o lla r s
6,000
Total expenditures
4,000
Total receipts
2,000
Net lending or borrowing
r*7 --r~ r-h -v -T ~ 'i
2009
2012
2011
2010
Net Lending or Net B orrow ing
B illio n s o f d o lla r s
200
i
i
0
i
1
i
i
i
1
i
i
i
1
i
i
-2 0 0
II
III
-0.8
51.8
23.9
-2.5
^00
-6 0 0
-8 0 0
4,283.2
5,495.8
32.8
-18.1
Net governm ent sa vin g ..................
Federal............................................
State and local................................
-1,212.6
-1,073.5
-139.1
50.9
49.4
1.5
112.7 -52.6
123.9 -56.7
-11.1
3.9
26.4
41.9
-15.4
-1,200
Net lending or net borrowing (-)...
Federal............................................
State and local................................
-1,344.8
-1,174.2
-170.6
31.4
28.9
2.6
174.3 -33.3
182.6 -39.9
-8.3
6.6
27.6
38.2
-10.6
-1,800
Ann W. M iller prepared this article.
i
-1,000
Current receipts.................................
Current expenditures.........................
I
I
2008
Level
i
-8 0 0
-2 ,0 0 0
[Billions of dollars, seasonally adjusted at annual rates]
2012
2011
Net Saving
^
T able 1. N et G o v e rn m e n t S a v in g an d N et L e n d in g o r N et B o rro w in g
J ____L
2010
-1,000
-1,400
■ F 5deral
-1,600
.. 1
2008
i .....i
I......L.........i
i.
i..
2009
2010
1
Note. All estimates are seasonally adjusted at annual rates.
U.S. Bureau of Economic Analysis
i
,i.
2011
l
1
ate and local
.J____
2012
December 2012
G o v e r n m e n t R e c e ip ts a n d E x p e n d itu r e s
12
Federal G overnm en t
Table 2. Federal Government Current Receipts and Expenditures
[Billions of dollars, seasonally adjusted at annual rates]
Level
Change from preceding quarter
2012
2011
III
IV
Current re c e ip ts ................................. 2,683.3
Current tax receipts.................................... 1,661.1
Personal current taxes............................. 1,139.2
Taxes on production and im ports...........
116.3
387.9
Taxes on corporate income....................
17.7
Taxes from the rest of the w orld .............
Contributions for government social
insurance...................................................
934.9
Income receipts on assets..........................
53.0
Current transfer receipts.............................
53.1
Current surplus of government enterprises
-18.8
Current expenditures......................... 3,756.8
Consumption expenditures......................... 1,086.1
National defense.....................................
728.0
Nondefense..............................................
358.1
Current transfer payments.......................... 2,322.4
Government social benefits.................... 1,796.0
To persons............................................. 1,777.9
To the rest of the world.........................
18.1
526.4
Other current transfer payments.............
Grants-in-aid to state and local
governments......................................
470.6
To the rest of the world.........................
55.8
Interest payments........................................
288.1
Subsidies......................................................
60.2
Less: Wage accruals less disbursements
0.0
Net federal governm ent s a v in g .............. -1,073.5
Social insurance fu nds...............................
-287.0
Other.............................................................
-786.5
Addenda:
Total re c e ip ts .......................................... 2,704.8
Current receipts................................... 2,683.3
Capital transfer receipts......................
21.5
Total expenditures................................. 3,879.0
Current expenditures............................ 3,756.8
Gross government investment............
155.2
Capital transfer payments...................
107.0
Net purchases of nonproduced assets
1.9
142.0
Less: Consumption of fixed capital....
Net lending or net borrowing ( - ) ........... -1,174.2
2012
I
II
III
23.8
29.9
8.2
1.1
19.80.8
23.0
24.3
15.7
2.8
5.4
0.4
130.6
110.7
2.4
83.2
-2.0
-5.4
2.0
6.1
1.9
-7.6
1.5
2.2
-1.0
0.2
-3.0
-26.5
-17.0
-26.5
9.5
-3.7
9.3
9.2
0.1
-13.0
20.1
0.2
0.0
-0.3
6.8
3.6
-0.5
4.1
12.4
20.5
20.2
0.4
-8.0
2.2
-1.5
-6.7
-1.3
51.2
-0.8
-2.4
1.6
9.8
-0.4
-0.5
0.0
10.2
3.4-0.2
-8.5
-0.8
-18.0
31.326.9
4.4
11.6
10.4
10.0 0.4
1.2
-14.5
1.5
-6.1
0.2
0.0
49.4
-6.5
56.0
-10.3
2.2
-7.3
-1.8
0.0
123.9
-2.4
126.2
11.6
-1.3
42.0
0.2
0.0
-56.7
4.1
-60.7
3.7-2.6
-60.6
-0.4
0.0
41.9
-3.4
45.2
26.0
23.0
3.0
-2.8
-26.5
0.7
22.4
0.8
0.2
28.9
137.0
130.6
6.4
-45.6
6.8
-7.1
-43.6
-0.7
1.0
182.6
-1.7
-5.4
3.7
38.2
51.2
3.8
-15.9
0.3
1.3
-39.9
22.7
23.8
-1.1
-15.5
-18.0
-0.7
2.1
2.1
1.0
38.2
2 7 .2
Taxes on corporate income turned up, reflecting an
acceleration in corporate profits.
Contributions for government social insurance accel
erated because of an acceleration in social security
contributions.
Consumption expenditures turned up in the third
quarter because of an upturn in national defense
spending and an acceleration in nondefense spending.
Government social benefits to persons turned up in
the third quarter as a result of an acceleration in Medi
care benefits.
Grants-in-aid to state and local governments deceler
ated, reflecting a downturn in Medicaid grants.
Interest payments turned down because of a down
turn in inflation expense payments on Treasury Inflation-Protected Securities.
Capital transfer payments turned up, reflecting the
pattern of capital injected into Fannie Mae and Fred
die Mac. No capital was injected in the third quarter
after decreases in injections in the first and second
quarters.
Federal Government Estimates
3.4-3.8, 3.12, and 3.13. Detailed quarterly estimates are
available at www.bea.gov; under “National” and “Supple
mental Estimates,” see “Underlying Detail Tables.”
Each year, BEA translates the information in the federal
budget into a NIPA framework.1For a historical time series
of these estimates, see NIPA table 3.18B, which was pub
lished in the October 2012 S u r v e y .
Estimates of federal government current receipts, current
expenditures, and net federal government saving are based
on data from the federal budget, from the Monthly Treasury
Statement and other reports from the Department of the
Treasury, and from other federal government agencies.
Total receipts, total expenditures, and net lending or net
borrowing, which are alternative measures of the federal
fiscal position, are based on these same sources.
Quarterly and annual estimates are published monthly in
NIPA table 3.2. Detailed annual estimates of these transac
tions by component are published annually in NIPA tables
Personal current taxes accelerated, reflecting an accel
eration in withheld income taxes.
1.
See M a r k
S.
L u d w ic k a n d S ta n J. B e llo t t i, “ N I P A T r a n s la t io n o f t h e F is
c a l Y e a r 2 0 1 3 F e d e r a l B u d g e t,”
2 0 1 2 ): 1 1 -2 1 .
Su r v ey
o f
C urrent
B u s in e s s
92 (M a rc h
December 2012
Survey
of
C u r r e n t B u s in e s s
13
State and Local G overnm en t
Table 3. S ta te a n d L o c a l G o v e rn m e n t C u rre n t R e c e ip ts an d E x p e n d itu re s
[Billions of dollars, seasonally adjusted at annual rates]
Level
Change from preceding quarter
2012
2011
III
IV
I
II
-4.7
10.7
-0.3
9.9
21.6
4.5
16.3
4.9
8.3
3.7
0.9
2.1
1,014.8
8.7
16.4
0.5
-0.9
45.8
Taxes on corporate income........................
Contributions for government social
insurance....................................................
17.3
85.0
Income receipts on assets.............................
Current transfer receipts................................
587.8
470.6
Federal grants-in-aid..................................
O ther............................................................
117.3
Current surplus of government enterprises
-16.6
Current expe nd iture s........................... 2,209.6
Consumption expenditures............................ 1,532.7
2.2
0.8
-3.9
-0.4
-0.2
-0.6
-13.8
-14.5
0.7
-0.6
-6.2
-3.6
-0.3
-0.3
-10.5
-10.3
-0.2
-0.7
21.1
13.0
-0.3
0.1
12.3
11.6
0.7
-0.7
12.2
-5.9
-0.2
-0.8
4.4
3.7
0.8
-0.5
19.3
7.2
563.8
112.6
0.5
0.0
-139.1
2.3
-141.5
-3.5
1.0
0.0
0.0
1.5
-0.1
1.7
6.5
1.6
0.1
0.0
-11.1
-0.2
-10.9
17.2
0.9
0.0
0.0
3.9
-0.2
4.1
12.2
-0.2
0.0
0.0
-15.4
0.0
-15.5
2,142.3
2,070.4
71.8
2,312.9
2,209.6
316.1
-3.5
-4.7
1.2
-6.1
-6.2
3.0
4.4
9.9
-5.6
12.7
21.1
-5.8
18.1
16.3
1.9
11.5
12.2
2.0
5.2
3.7
1.4
15.8
19.3
-1.4
10.8
223.6
-0.1
2.9
2.6
-0.2
2.4
-8.3
-0.2
2.5
6.6
-0.2
1.9
-10.6
Current receipts.................................... 2,070.4
Current tax receipts........................................ 1,397.0
Personal current taxes...............................
336.3
Taxes on production and im ports..............
Government social benefits...........................
Interest payments...........................................
Subsidies.........................................................
Less: Wage accruals less disbursements....
Net state and local government saving. ..
Social insurance funds..................................
O ther...............................................................
Addenda:
Total receipts.............................................
Current receipts......................................
Capital transfer receipts..........................
Total expe nd iture s...................................
Current expenditures..............................
Gross government investment...............
Capital transfer payments......................
Net purchases of nonproduced assets
Less: Consumption of fixed capital.......
Net lending or net borrowing ( - ) ...............
-170.6
2012
III
Taxes on production and imports turned down as a
result of a larger decrease in sales taxes.
Federal grants-in-aid decelerated in the third quarter
because of a downturn in Medicaid grants.
Consumption expenditures turned up in the third
quarter, reflecting an acceleration in compensation of
general government employees and an upturn in pur
chases of nondurable goods.
Government social benefits decelerated in the third
quarter as a result of a deceleration in Medicaid bene
fits.
Gross government investment turned down in the
third quarter because of a downturn in spending for
structures.
Estim ates of State and Local G overnm ent Receipts and Expenditures
annually in NIPA tables 3.4-3.8, 3.12, and 3.13. Detailed
quarterly estimates are available at www.bea.gov; under
“National” and “Supplemental Estimates,” see “Underlying
Detail Tables.” For a historical time series of reconciliations
of the NIPA estimates with the Census Bureau data from
Government Finances, see NIPA table 3.19.
BEA also prepares annual estimates of receipts and
expenditures of state governments and of local
governments.1 These estimates are available annually in
NIPA table 3.20 (state government receipts and expen
ditures) and in NIPA table 3.21 (local government receipts
and expenditures); they were published in the October
2012 S u r v e y .
The estimates of state and local government current re
ceipts and expenditures and total receipts and expenditures
are mainly based on compilations of data for state and local
government finances. The Census Bureau produces the pri
mary source data: the census of governments that is con
ducted in years that end in a 2 or a 7 and the Government
Finances series of surveys for the other years. In addition,
other sources of Census Bureau data are from the Quarterly
Summary of State and Local Government Tax Revenue and
the monthly Value of Construction Put in Place. Data
sources from the Bureau of Labor Statistics include the
Quarterly Census of Employment and Wages and the
Employment Cost Index.
Quarterly and annual estimates are available monthly in
NIPA table 3.3. Detailed annual estimates of state and
local government transactions by component are available
Personal current taxes decelerated in the third quarter
because of a deceleration in personal income taxes.
1.
B r u c e E . B a k e r , “ R e c e ip ts a n d E x p e n d it u r e s o f S ta te G o v e r n m e n t s a n d
o f L o c a l G o v e r n m e n t s ,” S urvey 8 5 ( O c t o b e r 2 0 0 5 ) : 5 - 1 0 .
December 2012
14
Annual Industry A ccounts
R e v is e d S ta tis tic s fo r 2 0 0 9 -2 0 1 1
By Patricia A. Washington, Jeff M. Bellone, Anna M. Jacobson, and Jennifer Lee
HE BUREAU of Economic Analysis (BEA) re
leased revised statistics on real gross domestic
product (GDP) by industry for 2009-2011 on Novem
ber 13, 2012, reflecting the incorporation of newly
available and revised source data. The revised statistics
incorporate more accurate and more detailed informa
tion on the industry composition of GDP growth than
was previously available for the advance 2011 statistics
released on April 26, 2012.1 In particular, these up
dated statistics incorporate revised and newly available
Census Bureau annual survey data on industry output,
Bureau of Labor Statistics (BLS) data on producer
prices, and BEA statistics on GDP and related income
measures from the 2012 annual revision of the na
tional income and product accounts (NIPAs).2 For in
T
1. S ee D o n a l d D . K im , T e re s a L . G ilm o r e , a n d W i l l i a m A . J o llif f , “ A n n u a l
I n d u s t r y A c c o u n t s : A d v a n c e S ta tis tic s o n G D P b y I n d u s t r y f o r 2 0 1 1 ,” S u r
v e y o f C u r r e n t B u s in e s s 9 2 ( M a y 2 0 1 2 ) : 6 - 2 2 .
2 . See E u g e n e P. S e s k in a n d A ly s s a H o l d r e n , “ A n n u a l R e v is io n o f th e
N a t i o n a l I n c o m e a n d P r o d u c t A c c o u n t s ,” S u r v e y ( A u g u s t 2 0 1 2 ) : 6 - 3 1 .
formation about the principal sources of data used, see
tables F and G on pages 24-27.
Real GDP growth slowed in 2011, increasing 1.8
percent after increasing 2.4 percent in 2010; 12 of 22
major industry groups contributed to the slowdown in
real GDP. The leading contributors to the deceleration
in U.S. economic growth were retail trade, followed by
durable-goods manufacturing, according to revised
statistics on the breakout of real GDP by industry. In
contrast, professional, scientific, and technical services
increased 5.4 percent in 2011 after increasing 2.6 per
cent in 2010.
Revised annual industry accounts statistics were
compiled within an input-output framework that bal
ances and reconciles industry production and commod
ity usages. The framework provides information on
value added for 65 industries and commodities (see the
“Methodology” on page 23). The previously published
advance statistics for 2011 were developed from sum
mary source data using an abbreviated methodology;
value added was presented for 22 industry groups.
Chart 2. Annual Growth in Value-Added Prices
Chart 1. Annual Growth in Real GDP
P e rc e n t
P e rc e n t
2008
U.S. Bureau of Economic Analysis
2009
2010
2011
December 2012
S urvey
of
15
C u r r e n t B u s in e s s
Highlights for 2011 include the following:
• Retail trade real value added increased 0.2 percent
in 2011 after increasing 7.0 percent in 2010.
• Durable-goods manufacturing increased 6.8 percent
after increasing 13.3 percent in 2010, primarily
reflecting a slowdown in computer and electronic
products manufacturing.
• Nondurable-goods manufacturing turned down in
2011, decreasing 2.1 percent after increasing 0.4
percent in 2010; the downturn primarily reflected a
downturn in food, beverage, and tobacco manufac
turing.
• GDP price growth accelerated in 2011, increasing
2.1 percent after increasing 1.3 percent in 2010.
Nondurable-goods manufacturing and retail trade
were the largest contributors to the acceleration.
Data Availability
The annual tables for GDP by industry and the inputoutput (I-O) accounts are available on BEA’s Web site.
For the GDP by industry accounts, online tools are
available for users to customize the tables so that they
show data only for the industries and years of interest.
Tools are also available for creating graphs of data and
downloading tables to update spreadsheets.
For the 1-0 tables, online tools are available for
users to create and store unique levels of aggregation
of data for specific commodities and industries. Tools
are also available for viewing and downloading entire
1-0 tables, including the “make” and “use” tables.
For a guide to the annual industry accounts, see “A
Primer on BEA’s Industry Accounts” in the June 2009
Survey
of
C
urrent
B
u s in e s s .
Acknowledgm ents
Erich H. Strassner, Chief of the Industry Applications
Distributive services: Ricky L. Stewart, Anna M. Jacob
Division (IAD), and David B. Wasshausen, Chief of the son, Patrick H. Martin, and Justin H. Settles.
Industry Sector Division (ISD), supervised the prepara
Information and professional services: Robert J. Corea,
tion of the statistics. Carol E. Moylan, Associate Director Olympia Belay, and Mandy C. Roberts.
for Industry Economic Accounts, provided overall guid
Finance, insurance, real estate, rental and leasing and man
ance. Thomas F. Howells III, Chief of the Input-Output agement services: Matthew B. Schroeder, James M. Green,
Statistics Branch in IAD, managed the economic infor Lolita V. Jamison, Erin M. Ludlow, and Ricci L. Reber.
Transportation: William H. Nicolls.
mation systems used to produce and review the statistics.
The following staff provided guidance and contributed to
Education, government services and other services:
the preparation of the industry statistics and analysis: Tameka R. L. Harris, Darlene C. Robinson-Smith.
Government enterprises, arts, entertainment, accommo
Paul V. Kern, Chief of the Information and Business Ser
vices Branch in ISD, Edward T. Morgan, Chief of the dation and food services, and health services: Daniel W.
Inter-Industry Statistics Branch in IAD, Kevin J. Muck, Jackson, and Alex Eisenmann.
Value added and research and development: Jennifer
Chief of the Goods and Distributive Services Branch in
ISD, and Patricia A. Washington, Chief of the Personal Lee, Teresa L. Gilmore, William A. Jolliff, and Brian M.
Services and Government Branch in ISD, Robert J. Lindberg.
McCahill, Program Coordinator in ISD, Maxine V. Tiggle
International trade and inventory: Matthew Russell, Peter
and Pat A. Wilkinson provided administrative and pro D. Kuhbach, Gregory R. Linder, and Sarah B. Osborne.
Balancing, Reconciliation, and Operations: Amanda S.
gram assistance.
The following staff also contributed to the preparation Lyndaker, Ahmad Z. Yusuf, Gabriel W. Medeiros, Jeffrey
M. Bellone, Rajeshwari R. Bhosale, Kathleen M. Karlon,
of the annual statistics:
Agriculture, mining, construction, and manufacturing: Douglas B. Leung, and Jeffrey A. Young.
Matthew M. Donahoe, Aaron A. Elrod, Donald D. Kim,
Travel and Tourism Satellite Account: Paul V. Kern, Ste
ven L. Zemanek.
Mariana Matias, and Simon N. Randrianarivelo.
16
A n n u a l In d u s try A c c o u n ts
December 2012
R eal V a lu e A d d e d
Table A. Percent Changes in Real Value Added by Industry Group
2 00 8
2009
2010
Gross domestic product...................................
-0.3
-3.1
Private industries......................................................
Agriculture, forestry, fishing, and hunting................
- 1 .0
-3.8
2.7
8.7
13.0
- 2 .8
Mining......................................................................
Utilities.....................................................................
Construction............................................................
Manufacturing..........................................................
Durable goods......................................................
-3 .8
25.2
- 9 .2
4.6
-9 .0
10.1
-6 .6
-1 2 .9
- 1 .2
- 5 .8
- 9 .2
6.9
-1 .6
- 1 6 .3
13.3
-1 0 .9
-0.4
0.4
-1 .1
- 1 3 .4
3.4
- 5 .7
- 1 .9
7.0
0.9
- 1 0 .2
6.6
1.7
- 5 .5
3.2
- 0 .7
1.2
0.4
- 6 .5
8.5
- 2 .2
2.8
- 2 .8
2.0
3.9
- 5 .8
2.2
5.2
- 6 .0
2.6
2.0
0.2
- 4 .8
1.7
- 9 .0
5.5
4.6
2.0
1.3
2.3
3.2
- 1 .8
5.0
1.8
1.7
-5 .1
- 6 .2
6.4
- 5 .8
- 3 .3
6.2
- 4 .8
-7 .1
6.5
- 4 .2
- 4 .3
0.7
Government..............................................
1.8
0.9
0.6
Federal...............................................
State and local....................................
2.7
3.7
2.9
1.4
- 0 .3
- 0 .4
-5 .1
- 5 .7
2.9
0.2
- 3 .3
2.7
6.1
- 0 .9
11.4
Nondurable goods................................................
Wholesale trade......................................................
Retail trade..............................................................
Transportation and warehousing.............................
Information..............................................................
Finance, insurance, real estate, rental, and leasing.
Finance and insurance........................................
Real estate and rental and leasing......................
Professional and business services........................
Professional, scientific, and technical services....
Management of companies and enterprises.......
Administrative and waste management services..
Educational services, health care, and social
assistance............................................................
Educational services............................................
Health care and social assistance.......................
Arts, entertainment, recreation, accommodation, and
food services............................................................
Arts, entertainment, and recreation.
Accommodation and food services..
Other services, except government....
2011
2.4
Real GDP increased 1.8 percent in 2011, reflecting in
creases in 15 of the 22 major industry groups. Durable-goods manufacturing and “professional, scientific,
and technical services were the leading contributors to
growth.
Agriculture, forestry, fishing, and hunting declined
13.6 percent, the largest decline among the 22 major
industry groups.
Mining growth was flat after declining 9.2 percent,
primarily reflecting a smaller decrease in the oil and
gas extraction industry in 2011 after exhibiting a large
decrease in 2010.
Construction declined for the 8th consecutive year.
The 0.3 percent decrease in 2011 was the smallest drop
since 2004.
Durable-goods manufacturing increased 6.8 percent,
reflecting strong growth in the “motor vehicles, bodies
and trailers, and parts manufacturing” and machinery
manufacturing industries.
Nondurable-goods manufacturing decreased 2.1 per
cent, primarily reflecting a decrease in the petroleum
and coal products manufacturing industry.
Transportation and warehousing rose 4.8 percent after
increasing 6.6 percent. Growth in 2011 was wide
spread within the sector.
Management of companies declined 0.5 percent after
decreasing 4.8 percent, marking the second consecu
tive annual decline.
Addenda:
Private goods-producing industries1...
Private services-producing industries :
Information-communications-technology-producing
industries 3...........................................................
4.3
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance,
insurance, real estate, rental, and leasing; professional and business services; educational services, health care,
and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services,
except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and
data processing services; and computer systems design and related services.
Federal government declined 0.3 percent after increas
ing 2.9 percent. The decrease reflected a 10.9 percent
drop in real value added for federal government enter
prises.
December 2012
S urvey
of
C u r r e n t B u s in e s s
17
R eal V a lu e A d d e d
Table B. Contributions to Percent Change in
Real GDP by Industry Group
[Percentage points]
200 8
200 9
2010
Gross domestic pro d u ct1.................................
-0.3
-3.1
2.4
Private industries......................................................
Agriculture, forestry, fishing, and hunting.................
Mining......................................................................
Utilities.....................................................................
Construction.............................................................
Manufacturing..........................................................
Durable goods......................................................
-0.87
-3.35
2.35
0 .0 9
0.13
- 0 .0 3
- 0 .0 8
0.44
- 0 .1 6
0 .08
- 0 .1 7
0.19
- 0 .3 0
-0 .5 5
-0 .0 4
-0.71
- 1 .0 7
0 .7 5
- 0 .1 0
- 1 .0 5
0 .7 3
- 0 .6 0
- 0 .0 2
0.02
-0 .0 6
-0 .7 9
0.19
-0 .3 6
-0 .1 2
0 .42
0.03
- 0 .3 0
0.19
0 .0 8
-0 .2 5
0 .13
-0 .1 5
0.24
0.09
-0 .5 1
0.60
- 0 .1 8
0 .3 6
- 0 .3 6
0.26
0 .4 7
- 0 .7 3
0.2 6
0 .3 8
- 0 .4 6
0.2 0
0.04
0 .00
-0 .0 9
0.05
- 0 .2 7
0.16
0.35
0 .17
0.11
0.02
0 .0 3
-0 .0 2
0 .3 3
0 .1 3
0.13
- 0 .2 0
- 0 .2 4
0.2 4
- 0 .0 6
- 0 .0 3
0.0 6
-0.14
-0 .2 1
0.1 8
- 0 .1 0
- 0 .1 0
0.02
Government.....................................................................
0 .22
0 .12
0.09
Federal.....................................................................
State and local.........................................................
0.11
0 .1 5
0 .1 3
0 .12
- 0 .0 3
-0 .0 4
Nondurable goods................................................
Wholesale trade.......................................................
Retail trade..............................................................
Transportation and warehousing..............................
Information...............................................................
Finance, insurance, real estate, rental, and leasing ,
Finance and insurance.........................................
Real estate and rental and leasing.......................
Professional and business services.........................
Professional, scientific, and technical services....
Management of companies and enterprises.......
Administrative and waste management services.
Educational services, health care, and social
assistance............................................................
Educational services............................................
Health care and social assistance........................
Arts, entertainment, recreation, accommodation, and
food services...........................................................
Arts, entertainment, and recreation......................
Accommodation and food services......................
Other services, except government.........................
2011
Utilities accounted for about one-fifth of the slow
down in real GDP, contributing 0.05 percentage point
to real GDP after contributing 0.19 percentage point
in 2010.
Durable-goods manufacturing slowed, contributing
0.40 percentage point to the increase in real GDP after
contributing 0.73 percentage point in 2010. The lead
ing contributor to the slowdown was computer and
electronic product manufacturing, which contributed
0.02 percentage point after contributing 0.26 percent
age point.
Nondurable-goods manufacturing turned down. The
leading contributor to the downturn was the “food
and beverage and tobacco product manufacturing” in
dustry.
Retail trade was the leading contributor to the slow
down in real GDP growth. Retail trade increased 0.2
percent and contributed 0.01 percentage point to real
GDP after increasing 7.0 percent and contributing
0.42 percentage point.
Information services accelerated, contributing 0.25
percentage point to real GDP growth after contribut
ing 0.13 percentage point. The acceleration primarily
reflected an acceleration in the broadcasting and tele
communications industry.
Addenda:
Private goods-producing industries 2.......................
Private services-producing industries 3...................
Information-communications-technology-producing
industries ‘
- 1 .0 0
- 1 .0 6
0.51
0 .13
- 2 .2 9
1.83
0 .25
-0 .0 4
0.47
0 .1 8
1. The estimates of gross domestic product under the contributions columns are percent changes.
2. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
3. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance,
insurance, real estate, rental, and leasing; professional and business sen/ices; educational services, health care,
and social assistance; arts, entertainment, recreation, accommodation, and food services; and other sen/ices,
except government.
4. Consists of computer and electronic products; publishing industries (includes software); information and
data processing services; and computer systems design and related services.
N o t e . Percentage-point contributions do not sum to the percent change in real gross domestic product because
the contribution of the “Not allocated by industry” line is excluded.
The slowdown in real GDP growth in 2011 was pri
marily due to a deceleration in both retail trade and
durable-goods manufacturing. Overall, 12 of 22 in
dustry groups contributed to the slowdown.
Professional, scientific, and technical services acceler
ated, primarily reflecting an acceleration in the “mis
cellaneous professional, scientific, and technical
services” industry, which includes “accounting and
payroll services” and “management, scientific, and
technical consulting services.”
Federal government turned down, primarily reflecting
a notable slowdown in real value added for federal
general government.
18
A n n u a l In d u s try A c c o u n ts
December 2012
V a lu e -A d d e d P rice s
Table C. Percent Changes in Chain-Type Price Indexes
for Value Added by Industry Group
2008
Gross domestic product.......................................
2.2
Private industries..........................................................
Agriculture, forestry, fishing, and hunting....................
2.4
Mining..........................................................................
Utilities.........................................................................
Construction................................................................
Manufacturing..............................................................
Durable goods..........................................................
Nondurable goods....................................................
Wholesale trade..........................................................
Retail trade..................................................................
Transportation and warehousing.................................
Information..................................................................
Finance, insurance, real estate, rental, and leasing....
Finance and insurance............................................
30.3
-0.9
0.6
1.9
-2.3
1.4
2009
2010
2011
2.1
0.9
0.8
-20.9
1.3
1.2
13.9
2.3
27.4
-44.5
12.9
15.1
2.1
1.5
3.6
-1.7
9.8
2.7
3.2
1.1
-0.3
0.9
0.8
7.2
4.4
2.0
1.4
1.6
-1.5
2.8
3.2
7.3
1.7
6.4
0.5
-0.3
-3.2
25.0
-2.4
-2.5
-1.0
-2.8
1.0
0.9
-3.3
-0.1
-1.9
2.3
8.2
Real estate and rental and leasing..........................
Professional and business services............................
Professional, scientific, and technical services........
Management of companies and enterprises...........
Administrative and waste management services.....
Educational services, health care, and social
assistance................................................................
Educational services................................................
Health care and social assistance...........................
Arts, entertainment, recreation, accommodation, and
food services............................................................
Arts, entertainment, and recreation.........................
Accommodation and food services..........................
Other services, except government.............................
2.6
1.1
2.0
0.1
-0.6
1.4
0.8
1.2
-5.9
4.5
-1.1
2.3
1.0
11.2
0.4
0.9
1.6
0.8
8.5
-0.7
2.4
4.6
2.1
4.1
7.1
3.7
2.3
3.9
2.0
1.6
3.5
1.3
3.1
2.4
3.3
4.1
4.3
2.1
5.0
5.0
-0.2
0.5
-0.5
2.6
0.5
0.6
0.5
2.6
Government...................................................................
Federal........................................................................
State and local.............................................................
3.5
2.4
4.0
2.4
1.8
2.8
2.0
2.6
1.6
2.1
1.9
2.2
4.2
1.9
-4.6
2.3
1.8
1.0
5.6
1.5
-3.9
-0.8
-3.2
-2.2
Addenda:
Private goods-producing industries 1..........................
Private services-producing industries 2......................
Information-communications-technology-producing
industries 3..............................................................
1.5
4.1
4.0
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance,
insurance, real estate, rental, and leasing; professional and business services; educational services, health care,
and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services,
except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and
data processing services; and computer systems design and related services.
Growth in the GDP price index accelerated in 2011,
primarily reflecting an acceleration in value-added
prices for nondurable-goods manufacturing and an
upturn in value-added prices for retail trade.
Value-added prices for agriculture, forestry, fishing,
and hunting accelerated, rising 27.4 percent after ris
ing 13.9 percent, reflecting accelerations in crop
prices.
Value-added prices for mining decelerated, increasing
15.1 percent after increasing 25.0 percent in 2010, re
flecting a deceleration in the value-added prices for
the oil and gas extraction industry.
Value-added prices for construction turned up, in
creasing 1.5 percent after falling 2.5 percent. Valueadded prices for the construction industry have risen
in 18 of the last 19 years.
Value-added prices for nondurable goods manufac
turing accelerated, rising 9.8 percent after rising 1.0
percent; the pickup primarily reflected an acceleration
in the value-added price for the petroleum and coal
product manufacturing industry.
Value-added prices for retail trade turned up, increas
ing 3.2 percent after falling 3.3 percent, primarily re
flecting an upturn in retail margin prices.
Value-added prices for finance and insurance in
creased 0.8 percent after increasing 8.2 percent. The
deceleration reflected a downturn in value-added
prices for the “Federal Reserve banks, credit interme
diation, and related activities” industry.
Value-added prices for real estate and rental and leas
ing turned up, increasing 0.9 percent after falling 1.1
percent, primarily reflecting an upturn in value-added
prices for real estate.
December 2012
Survey
of
19
C u r r e n t B u s in e s s
R e v is io n s
Annual revisions incorporate source data that are more remained in the top five. Both private services and pri
complete, more detailed, and otherwise more reliable vate goods-producing industries were revised up.
than those previously available. Revisions primarily re • The upward revision to real value added for nondurable-goods manufacturing primarily reflected an
flect the incorporation of newly available and revised an
upward revision to current-dollar value added and to
nual source data (for example, Census’ Annual Survey of
current-dollar gross output for the “food and bever
Manufactures (ASM) and the Internal Revenue Service
age and tobacco products manufacturing” industry.
Statistics o f Income (SOI)). Compared to the previously
The revision to value added reflected an upward revi
published statistics, the overall picture of the economy
sion to profits before tax, which reflected the incorpo
for 2009-2011 did not change.
ration of revised SOI data. The revision to gross
Revisions to real value added reflect revisions to real
output reflected the incorporation of revised ship
gross output and real intermediate inputs. Table E pres
ments data from the ASM.
ents revisions to percent change for real gross output,
real intermediate inputs, and real value added by indus • The upward revision to real value added for finance
and insurance primarily reflected an upward revision
try group. This table has been added to this article, as
to current-dollar value added for the insurance carri
well as the November 13, 2012, news release, in order to
ers and related activities industry. This reflected an
better illustrate the relationship among these three mea
upward revision to corporate net interest, which in
sures. In most instances, changes in real value added are
turn
reflected the incorporation o f revised SOI data.
largely consistent with changes in real gross output.
2 0 1 0
2009
In 2009, the direction of growth in real value added was In 2010, the direction of growth in real value added was
unchanged for 21 o f the 22 industry groups. All o f the unchanged for 19 o f the 22 industry groups. Nine o f the
top five contributors to the larger decrease in real GDP top 10 contributors to the upturn in real GDP remained
Table D. Revisions to Percent C hanges in Real Value A dded by Industry G roup
2008
Revised
2009
Previously
Revision
published
Revised
2011
2010
Previously
Revision
published
Revised
Previously
Revision
published
Revised
Previously
Revision
published
Gross domestic product......................................................
-0.3
-0.3
0.0
-3.1
-3.5
0.4
2.4
3.0
-0.6
1.8
1.7
0.1
Private industries..........................................................................
-1.0
-1.0
0.0
-3.8
- 4 .4
0.6
2.7
3.6
-0.9
2.0
1.8
0.2
Agriculture, forestry, fishing, and h u n tin g ........................................
M ining........................................................................................................
Utilities..........
Construction
Manufacturing
Durable goods
Nondurable g o o d s ............................................................................
W holesale tra d e .....................................................................................
Retail tra d e ..............................................................................................
Transportation and w arehousing.......................................................
Inform ation..............................................................................................
Finance, insurance, real estate, rental, and leasing.....................
Finance and insu ra n ce ....................................................................
Real estate and rental and leasing...............................................
Professional and business se rvice s..................................................
Professional, scientific, and technical services..........................
Managem ent of com panies and e nte rp rise s..............................
Adm inistrative and waste m anagem ent s e rv ic e s .....................
Educational services, health care, and social a ssista n ce ...........
E ducational se rv ic e s ........................................................................
Health care and social a ssistance ................................................
A rts, entertainm ent, recreation, accomm odation, and food
s e rvice s................................................................................................
Arts, entertainm ent, and recreation..............................................
Accom m odation and food s e rv ic e s ..............................................
O ther services, except governm ent...................................................
8.7
-3 .8
4.6
-6 .6
-5 .8
-1 .6
-1 0 .9
-1.1
-5 .7
0.9
1.7
-0 .7
-6 .5
2.8
3.9
5.2
2.0
1.7
4.6
2.3
5.0
8.7
-3 .8
4.6
-6 .6
-5 .8
-1 .6
-1 0 .9
-1.1
-5 .7
0.9
1.7
-0 .7
-6 .5
2.8
3.9
5.2
2.0
1.7
4.6
2.3
5.0
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
0.0
0.0
0.0
0.0
13.0
25.2
-9 .0
-1 2 .9
-9 .2
-1 6 .3
-0 .4
-1 3 .4
-1 .9
-1 0 .2
-5 .5
1.2
8.5
-2 .8
-5 .8
-6 .0
0.2
-9 .0
2.0
3.2
1.8
10.8
20.9
-1 1 .4
-1 2 .9
-9 .4
-1 4 .9
-2 .7
-13 .5
-2 .4
-1 2 .0
-3 .6
1.1
6.8
-1 .9
-6 .9
-7 .0
-2 .4
-9 .5
1.0
0.8
1.0
2.2
4.3
2.4
0.0
0.2
-1 .4
2.3
0.1
0.5
1.8
-1 .9
0.1
1.7
-0 .9
1.1
1.0
2.6
0.5
1.0
2.4
0.8
-2 .8
-9 .2
10.1
-1 .2
6.9
13.3
0.4
3.4
7.0
6.6
3.2
0.4
-2 .2
2.0
2.2
2.6
-4 .8
5.5
1.3
-1 .8
1.7
-3.1
-6.1
3.3
-3 .2
11.2
17.0
5.1
3.9
10.1
3.5
3.0
-0 .2
6.6
-4 .4
3.8
4.9
-4 .4
6.4
2.8
0.2
3.2
0.3
-3.1
6.8
2.0
-4 .3
-3 .7
-4 .7
-0 .5
-3.1
3.1
0.2
0.6
-8 .8
6.4
-1 .6
-2 .3
-0 .4
-0 .9
-1 .5
-2 .0
-1 .5
-1 3 .6
0.0
2.6
-0 .3
2.5
6.8
-2.1
3.0
0.2
4.8
5.9
0.3
-0 .6
0.9
4.8
5.4
-0 .5
6.9
1.7
1.2
1.8
-1 2 .4
6.4
-6 .2
-0 .3
4.3
7.9
0.3
3.3
2.0
0.3
5.1
-0 .8
1.8
-2 .6
4.2
4.9
2.0
3.7
2.1
-0 .9
2.6
-1 .2
-6 .4
8.8
0.0
-1 .8
-1.1
-2 .4
-0 .3
-1 .8
4.5
0.8
1.1
-2 .4
3.5
0.6
0.5
-2 .5
3.2
-0 .4
2.1
-0 .8
-5.1
-5 .8
-4 .8
-4 .2
-5.1
-5 .8
-4 .8
-4 .2
0.0
0.0
0.0
0.0
-6 .2
-3 .3
-7.1
-4 .3
-7 .6
-3 .8
-8 .8
-5.1
1.4
0.5
1.7
0.8
6.4
6.2
6.5
0.7
7.8
6.5
8.2
2.1
-1 .4
-0 .3
-1 .7
-1 .4
5.4
5.5
5.3
1.3
3.3
3.3
3.3
-0 .2
2.1
2.2
2.0
1.5
Government...................................................................................
1.8
1.8
0.0
0.9
0.9
0.0
0.6
0.6
0.0
-0.7
-0.5
-0.2
F ederal......................................................................................................
State and lo c a l.......................................................................................
2.7
1.4
2.7
1.4
0.0
0.0
3.7
-0 .3
3.7
-0 .4
0.0
0.1
2.9
-0 .4
3.2
-0 .7
-0 .3
0.3
-0 .3
-1 .0
0.7
-1 .0
-1 .0
0.0
-5.1
0.2
6.1
-5.1
0.2
6.1
0.0
0.0
0.0
-5 .7
-3 .3
-0 .9
-6 .4
-3 .9
1.7
0.7
0.6
-2 .6
2.9
2.7
11.4
5.6
3.0
14.7
-2 .7
-0 .3
-3 .3
0.6
2.4
4.3
2.5
1.6
6.9
-1 .9
0.8
-2 .6
Addenda:
Private goods-producing in du strie s1................................................
Private services-producing in du strie s2............................................
Inform ation-com m unications-technology-producing in du strie s3
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information;
finance, insurance, real estate, rental, and leasing; professional and business services; educational
services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food
services; and other services, except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and
data processing services; and computer systems design and related services.
20
December 2012
A n n u a l In d u s try A c c o u n ts
R e v is io n s
in the top 10, while six of the top 10 contributors to the
increase in real GDP remained in the top 10. Both pri
vate goods-producing and private services-producing in
dustries were revised down.
• The downward revision to finance and insurance was
widespread within the industry group; the leading
contributor to the revision was the insurance carriers
and related activities industry. The revision to the
insurance carriers and related activities industry
reflected a downward revision to current-dollar value
added; the revision to current-dollar value added
reflected a revision to corporate net interest, which
resulted from the incorporation of newly available
SOI data that replaced projections based primarily on
the Federal Reserve Board’s flow of funds statistics.
•T h e downward revision to nondurable-goods manu
facturing primarily reflected a downward revision to
current-dollar value added and to current-dollar gross
output for the petroleum and coal products industry.
The downward revision to current-dollar value added
reflected a downward revision to corporate profits,
resulting from the incorporation of newly available
SOI data, which replaced data from the Census
Bureau’s Quarterly Financial Report (QFR). The
downward revision to current-dollar gross output
reflected the incorporation of newly available ship
ments data from the ASM, which replaced a compos
ite indicator based on data on refined petroleum and
coal products from the Energy Information Adminis
tration (ElA) and price indexes from the BLS.
• The downward revision to durable-goods manufac
turing primarily reflected a downward revision to cur
rent-dollar value added and to current-dollar gross
output for the computer and electronic products
manufacturing industry. The downward revision to
current-dollar value added reflected a downward revi
sion to profits before tax, reflecting the incorporation
o f newly available SOI data, which replaced data from
the QFR. The downward revision to nominal gross
output reflected the incorporation of newly available
ASM shipments data, which replaced a composite
indicator based on data from the Census Bureau’s
Table E. R evisions to Percent C hanges in Real Gross O utput, Real Interm ediate Inputs, and Real Value A dded by Industry G roup
Revised percent changes
Real
gross output
2009
2010
Real
interm ediate inputs
2011
2009
2010
2011
Gross domestic product................................................
Revision in percent changes (Percentage points)
Real
value added
2009
2010
Real
gross output
2011
1.8
2.0
-3.1
2.4
Private industries..................................................................
-6.6
2.7
2.1
-9.9
2.7
2.1
-3.8
2.7
Agriculture, forestry, fishing, and h u n tin g ........................................
M in in g .......................................................................................................
U tilitie s ......................................................................................................
C onstruction............................................................................................
M anufacturing........................................................................................
Durable g oo d s....................................................................................
Nondurable goo d s.............................................................................
W holesale tra d e .....................................................................................
Retail trade...............................................................................................
Transportation and w arehousing.......................................................
Inform ation..............................................................................................
Finance, insurance, real estate, rental, and leasing.....................
Finance and insu ra n ce ....................................................................
Real estate and rental and leasing...............................................
Professional and business services..................................................
Professional, scientific, and technical s e rv ic e s .........................
M anagem ent of com panies and enterprises..............................
Adm inistrative and waste m anagem ent s e rvice s .....................
Educational services, health care, and social assistan ce ...........
Educational se rvice s........................................................................
Health care and social assistance................................................
Arts, entertainm ent, recreation, accom m odation, and food
se rvice s................................................................................................
Arts, entertainm ent, and recreation..............................................
A ccom m odation and food s e rv ic e s ..............................................
O ther services, except gov ern m e nt..................................................
3.9
-8 .2
-15 .2
-1 2 .4
-1 2 .7
-2 0 .0
-5 .5
-20.1
-7 .2
-1 1 .4
-3.1
0.7
5.2
-3.1
-4 .9
-5 .2
-1.1
-6 .5
1.4
-1 .3
1.8
-1 .4
5.2
5.6
-8 .4
6.0
11.0
1.8
13.7
10.8
4.8
3.1
-1 .6
-4 .7
1.2
2.1
2.1
-0 .4
3.8
2.3
3.4
2.2
-4 .6
8.6
-4 .7
-4 .7
3.2
7.1
-0 .2
7.0
1.4
3.7
4.9
-0 .9
-2 .2
0.4
3.4
3.2
1.9
4.8
3.5
3.8
3.5
-2 .0
-4 0 .5
-2 5 .9
-1 2 .0
-1 4 .4
-22.1
-7 .6
-3 4 .8
-1 8 .0
-1 2 .7
-0 .3
0.0
2.5
-3 .9
-3 .0
-3.1
-3 .5
-2 .5
0.3
-1 0 .5
1.6
-0 .4
31.0
-5 .5
-15 .3
5.6
9.6
2.4
44.4
20.1
2.6
3.0
-4 .7
-7.1
-0 .8
2.1
0.8
8.5
1.0
4.2
16.1
2.9
2.6
20.4
-24 .5
-9 .4
3.5
7.2
0.6
15.6
4.1
2.4
3.8
-2 .8
-3 .9
-1.1
0.5
-2 .0
6.4
1.5
6.7
9.5
6.3
13.0
25.2
-9 .0
-1 2 .9
-9 .2
-1 6 .3
-0 .4
-1 3 .4
-1 .9
-1 0 .2
-5 .5
1.2
8.5
-2 .8
-5 .8
-6 .0
0.2
-9 .0
2.0
3.2
1.8
-2 .8
-9 .2
10.1
-1 .2
6.9
13.3
0.4
3.4
7.0
6.6
3.2
0.4
-2 .2
2.0
2.2
2.6
-4 .8
5.5
1.3
-1 .8
1.7
-13 .6
0.0
2.6
-0 .3
2.5
6.8
-2.1
3.0
0.2
4.8
5.9
0.3
-0 .6
0.9
4.8
5.4
-0 .5
6.9
1.7
1.2
1.8
-5 .5
-4 .8
-5 .7
-7 .0
1.9
-0 .2
2.6
-0 .3
4.3
2.6
4.7
1.4
-4 .7
-6 .8
-4.1
-1 1 .3
-3 .4
-9 .2
-1 .9
-2.1
2.8
-2 .2
4.0
1.6
-6 .2
-3 .3
-7.1
-4 .3
6.4
6.2
6.5
0.7
5.4
5.5
5.3
1.3
0.6
2009
0.0
2010
Real
interm ediate inputs
2009
2010
1.2
Real
value added
2009
2010
0.4
-0.6
0.6
-0.9
2011
0.1
0.2
0.1
-0.8
0.8
0.5
-0.1
0.4
-0 .5
-1 .3
0.3
-0 .2
-1.1
-0.1
-0 .4
1.0
3.5
-1.1
-0 .3
0.0
2.0
-2 .3
-0 .7
-2 .0
-0 .5
-1 .3
0.0
6.6
0.7
1.0
4.0
-1 .4
-5.1
-2 .8
-0.1
-0 .4
-0 .2
-4 .4
3.6
1.9
0.5
-0 .3
6.9
0.3
-0 .4
0.5
-0 .2
-3 .2
-4 .3
0.7
-0 .8
-1 .2
-0 .5
-1 .2
-4 .4
-2 .2
1.3
2.5
5.2
-1 .7
-3 .2
-2 .3
1.1
-7 .0
-3 .8
-1 1 .2
-2 .9
-2 .5
7.4
5.7
-0 .4
3.8
8.7
0.0
-1 8 .2
-1 .6
-3 .9
-1 .2
-1 .3
0.0
-3 .3
9.2
6.6
0.0
17.9
3.6
4.7
3.6
2.2
4.3
2.4
0.0
0.2
-1 .4
2.3
0.1
0.5
1.8
-1 .9
0.1
1.7
-0 .9
1.1
1.0
2.6
0.5
1.0
2.4
0.8
0.3
-3.1
6.8
2.0
-4 .3
-3 .7
-4 .7
-0 .5
-3.1
3.1
0.2
0.6
-8 .8
6.4
-1 .6
-2 .3
-0 .4
-0 .9
-1 .5
-2 .0
-1 .5
-1 .2
-6 .4
8.8
0.0
-1 .8
-1.1
-2 .4
-0 .3
-1 .8
4.5
0.8
1.1
-2 .4
3.5
0.6
0.5
-2 .5
3.2
-0 .4
2.1
-0 .8
-0 .3
0.3
-0 .4
-0 .4
-0 .5
-1 .7
-0.1
-0 .4
-2 .3
0.2
-2 .9
-2 .4
0.4
-3 .6
1.4
1.2
1.4
0.5
1.7
0.8
-1 .4
-0 .3
-1 .7
-1 .4
2.1
2.2
2.0
1.5
Government..........................................................................
3.5
0.7
-1.6
7.5
0.7
-2.8
0.9
-0.7
1.5
-0.2
3.9
-0.7
F ederal......................................................................................................
State and lo c a l........................................................................................
4.8
2.8
3.7
-0 .9
-2 .0
-1 .4
6.4
8.2
4.7
-1 .7
3.7
-0 .3
2.9
-0 .4
0.0
-4 .2
-2 .0
-0 .3
-1 .0
0.1
2.3
0.4
-0 .5
0.4
6.1
1.3
-1 .8
0.0
0.1
-0 .3
0.3
-1 .0
0.0
Private goods-producing in du strie s1................................................ -1 1 .5
-4 .4
Private services-producing in d u s trie s 2............................................
Inform ation-com m unications-technology-producing in du strie s3
-7 .0
3.0
2.6
6.7
1.9
2.1
5.9
-14 .9
-6 .2
-1 4 .3
3.1
2.4
0.3
2.7
1.7
8.1
-5 .7
-3 .3
-0 .9
2.9
2.7
11.4
0.6
2.4
4.3
-0 .2
0.0
-1 .6
0.7
-0 .2
-2 .0
-0 .7
-0 .9
-0 .5
2.9
0.1
-0 .2
0.7
0.6
-2 .6
-2 .7
-0 .3
-3 .3
-1 .9
0.8
-2 .6
0.0
-0.2
Addenda:
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information;
finance, insurance, real estate, rental, and leasing; professional and business services; educational
services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food
services; and other services, except government.
3. Consists of computer and electronic products; publishing industries (includes software); information
and data processing services; and computer systems design and related services.
December 2012
S urvey
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21
C u r r e n t B u s in e s s
R e v is io n s
Manufacturers’ Shipments, Inventories, and Orders
(M3) and from the Federal Reserve Board’s Industrial
Production Indexes.
• The upward revision to real estate and rental and leas
ing primarily reflected upward revisions to nominal
gross output and to current-dollar value added for
real estate. The current-dollar gross output revision is
due to the incorporation of newly available SOI data
on corporate receipts for rents paid. The upward revi
sion to value added was primarily attributed to
upward revisions to noncorporate net interest and
proprietors’ income. The revision to noncorporate
net interest reflected the incorporation of newly avail
able SOI data, which replaced projections based pri
marily on the Federal Reserve Board’s flow of funds
statistics. The revision to proprietors’ income
reflected the incorporation of newly available SOI
data, which replaced real estate brokers’ commissions.
2 011
In 2011, the direction of growth in real value added was
unchanged for 14 of 22 industry groups. Four of the top
five contributors to the deceleration in real GDP re
mained in the top five, while seven of the top 10 contrib
utors to the increase in real GDP remained in the top 10.
An upward revision to private services-producing indus
tries was partly offset by a downward revision to private
goods-producing industries.
• The upward revision to real estate, rental, and leasing
primarily reflected an upward revision to current-dollar value added for the real estate industry due to the
incorporation of revised data on owner-occupied
housing.
• The upward revision to utilities primarily reflected an
upward revision to current-dollar value added, which
in turn reflected an upward revision to corporate cap
ital consumption allowances.
• The upward revision to transportation and warehous
ing primarily reflected upward revisions to intermedi
ate input prices, which increased at a faster rate than
was projected in the advance release of GDP by indus
try.
• The downward revision to finance and insurance pri
marily reflected downward revisions to the “ Federal
Reserve Banks, credit intermediation, and related ser
vices” industry and to the securities and commodity
contracts industry. The downward revision to the
“Federal Reserve Banks, credit intermediation, and
related services” industry primarily reflected a down
ward revision to current-dollar value added, which in
turn reflected a downward revision to corporate net
interest. The downward revision to the securities and
commodity contracts industry reflected the combina
tion of a downward revision to nominal gross output
and an upward revision to the gross output price
index. The revision to nominal gross output reflected
the incorporation of newly available SAS data, which
replaced data from the Census Quarterly Services Sur
vey. The revision to the gross output price index
reflected the incorporation of a more complete set of
price data than was available for the advance release.
• The downward revision to durable-goods manufac
turing primarily reflected a downward revision to cur
rent-dollar value added for the computer and
electronic products manufacturing industry. This
revision reflected a downward revision to profits
before tax resulting from the incorporation of revised
data from the QFR.
• The downward revision to mining primarily reflected
downward revisions to current-dollar value added for
the oil and gas extraction industry and the support
activities for mining industry. This reflected a down
ward revision to profits before tax, reflecting the
incorporation of revised data from the QFR.
Im provem ents
These estimates reflect a number of improvements in
the source data and are consistent with the results of
the annual revision of the national income and prod
uct accounts. The improvements did not meaningfully
alter the overall picture of the economy in 2009-2011.
These improvements include the following:
• Expanded use of the Census Bureau Service Annual
Survey (SAS) revenue data to measure gross output
for urban transit systems, for transit and ground
passenger transportation, and for pipeline trans
portation. The SAS data replace a variety of com
posite indicators, including BEA data on personal
consumption expenditures (PCE), and data from
the American Public Transit Ridership Association,
Energy Information Administration (EIA), and
Federal Energy Regulatory Commission.
• Introduced EIA data to measure gross output for
federal utilities, which replaced data collected from
annual reports.
• Introduced Bureau of Labor Statistics producer
price indexes for measuring gross output prices for
air transportation’s domestic and international
scheduled air services, which replaced a PCE price
index for general transportation fares.
22
A n n u a l In d u s try A c c o u n ts
December 2012
A Note on the Upcoming 2013 Comprehensive Revision of the Industry Accounts
In 2013, BEA will release the 2007 benchmark input-out
put (I-O) accounts fully, which will be integrated with
the time series of annual industry accounts, as part of the
2013 comprehensive revision of the industry accounts.
The benchmark 1-0 accounts, which are released ap
proximately every 5 years, provide the most comprehen
sive information available on the production of goods
and services (commodities) by industries and the flow of
these goods and services (1) to industries for use in their
production processes and (2) to final users in the econ
omy. These accounts are based on data from the eco
nomic census and are used to establish the level of gross
domestic product (GDP) for the benchmark year and to
provide critical information for estimating GDP for peri
ods after the benchmark year.
This release will be the next step in BEA’s continuing
efforts to better integrate the national and industry ac
counts.1 Traditionally, the benchmark 1-0 accounts have
been released before the comprehensive revision of the
National Income and Product Accounts (NIPAs), and as a
consequence, they have not been fully consistent with the
NIPAs and with the annual industry accounts. With this
comprehensive revision, the benchmark 1-0 accounts will
1.
See B r ia n C . M o y e r “ F u t u r e D i r e c t i o n s f o r t h e I n d u s t r y A c c o u n t s ,”
89 (M a rc h 2 0 0 9 ): 2 9 -3 2 .
be released after the NIPA comprehensive revision and
will be fully integrated with the NIPAs and the annual
industry accounts. Beginning with the 2007 benchmark
1-0 accounts, the benchmark 1-0 accounts will be re
vised to reflect revisions to the NIPAs and to the annual
industry accounts.
The benchmark 1-0 accounts will continue to be a
critical source of information to benchmark the NIPAs
and the annual industry accounts. The enhanced inte
gration will allow for a higher degree of consistency
among the NIPAs, the benchmark 1-0 accounts, and
the annual industry accounts.
The 2013 comprehensive revision will also include
five major improvements recommended by the System
o f N ational Accounts, 2008.2 These major improve
ments include the following: treating research and de
velopment expenditures and production costs for
entertainment, literary, and artistic originals as invest
ment in the calculation of GDP; adopting accrual ac
counting for defined benefit pension plans; improving
the treatment of borrowers’ and depositors’ services;
and classifying additional ownership transfer costs as
investment.
Su r v e y
2 . S ee S e s k in a n d H o l d r e n , 2 0 1 2 .
December 2012
Survey
of
C u r r e n t B u s in e s s
23
Methodology for Annual Revisions
The annual input-output (I-O) accounts and the GDP
by industry accounts are created using an integrated
methodology that makes the annual estimates of gross
output, intermediate inputs, and value added by indus
try more timely and more consistent than previously
published estimates.1 Industry estimates are published
for 65 detailed industries that are based on the 2002
North American Industry Classification System (NA
ICS). Commodity estimates are published at the same
level of detail as the industry estimates. Estimates of final
uses and value added are also included in the annual esti
mates. The integrated methodology is applied at a finer
level of industry and commodity detail than the previous
methodologies in order to enhance the accuracy of ag
gregate-level estimates.
The integrated annual 1-0 accounts and GDP by in
dustry accounts are prepared in five steps:
Step one. Industry estimates of current-dollar value
added for 2009-2011 are extrapolated forward from the
annual industry accounts estimates for 2008 using the
percent changes in the annual estimates of gross domes
tic income (GDI) from the national income and product
accounts (NIPAs). The GDI by industry estimates consist
of compensation of employees, taxes on production and
imports less subsidies, and gross operating surplus. Ad
ditionally, corporate data on profits before tax, net inter
est, and capital consumption allowances are converted
from an enterprise basis to an establishment basis using
data on employment. Finally, the statistical discrepancy
(the difference between GDP and GDI) is distributed
among the industries. In general, annual revisions to the
industry estimates of value added largely reflect revisions
to the components of GDI and to the statistical discrep
ancy from the annual NIPA revision.
Step two. Industry estimates of gross domestic output
for 2009-2011 are extrapolated from the 2008 estimates.
The extrapolators for these estimates are prepared using
a wide array of source data, including surveys from the
Census Bureau, the Bureau of Labor Statistics, and other
public and private sources.2 Annual revisions to industry
estimates of gross output are due to revisions in these
source data.
Step three. The initial commodity composition of in
termediate inputs for 2009-2010 is calculated for each in
dustry by a process that uses the previously published
intermediate input estimates and Census Bureau data on
broad business expense categories by industry. In order to
calculate the composition for 2011, the previously pub
lished intermediate input estimates are used from 2010.
As a final step, the commodity mix of detailed intermedi
ate inputs for all years is updated to be consistent with
business expense data from the Census Bureau’s Service
Annual Survey and Annual Survey of Manufactures.
Step four. The initial commodity composition of each
GDP expenditure component for 2009-2010 is prepared
using previously published expenditure estimates. In or
der to calculate the composition for 2011, the previously
published expenditure estimates are used from 2010. The
annual 1-0 use tables are then balanced using a bipro
portional adjustment procedure to ensure that interme
diate and final use of commodities is consistent with
domestic supply, that intermediate use and value added
are consistent with gross output and value added, and
that final use is consistent with the final expenditure
components from the NIPAs. The current-dollar mea
sures of gross output, intermediate inputs, and value
added are then incorporated into the GDP by industry
accounts.
Step five. Price and quantity indexes for the GDP by
industry accounts are prepared in three steps. First, in
dexes are derived for gross output by deflating each com
modity produced by an industry that is included as part
of its gross output. Second, indexes for intermediate in
puts are derived by deflating all commodities that are
consumed by an industry as intermediate inputs in the
annual 1-0 use tables. Third, indexes for valued added by
industry are calculated using the double-deflation
method in which real value added is computed as the dif
ference between real gross output and real intermediate
inputs.3
1. See N ic o le M . M a y e r h a u s e r a n d E r ic h H . S tr a s s n e r , “ P r e v ie w o f t h e C o m
p r e h e n s iv e R e v is io n o f t h e A n n u a l I n d u s t r y A c c o u n t s ,” S u r v e y o f C u r r e n t
90 (M a rc h 2 0 1 0 ): 2 1 -3 4 .
2 . See ta b le F o n p a g e s 2 4 - 2 5 . T h e e s tim a te s o f t h e c o m m o d i t y c o m p o s it io n
o f e x t r a p o la te d i n d u s t r y g ro s s o u t p u t a re la r g e ly c o n s is te n t w i t h t h e 2 0 0 2
b e n c h m a r k 1 - 0 r e la t io n s h ip s f o r n o n m a n u f a c t u r i n g i n d u s t r ie s a n d w i t h m o s t
r e c e n t s u r v e y d a ta f o r m a n u f a c t u r i n g in d u s t r ie s .
B u s in e s s
3.
E s tim a te s o f g ro s s o u t p u t a n d in t e r m e d ia t e in p u t s a re c o m b in e d i n a
F is h e r in d e x - n u m b e r f o r m u la i n o r d e r t o g e n e r a te t h e in d e x e s f o r v a lu e a d d e d
b y in d u s t r y . T h is m e t h o d is p r e f e r r e d b e c a u s e i t r e q u ir e s t h e fe w e s t a s s u m p
t io n s a b o u t t h e r e la t io n s h ip s b e t w e e n g ro s s o u t p u t b y i n d u s t r y a n d i n t e r m e d i
a te in p u t s b y in d u s t r y .
Tables F and G and 1 through 7 follow.
24
December 2012
A n n u a l In d u s try A c c o u n ts
Principal Sources of Data
F. Principal Sources of Data for Industry and Commodity Output and Prices—Continues
Industry and commodity
Source data for annual current-dollar statistics
Agriculture, forestry, fishing and hunting
Farms
New U.S. Department of Agriculture (USDA) data and national income and product account
(NIPA) farm output for 2011, revised data for 2009 and 2010.
For forestry, new NIPA farm output for 2011 and revised data for 2009 and 2010; for logging
Forestry, fishing and related
activities
and forestry support activities, Census Bureau annual survey of manufactures (ASM) for
2009 and 2010, Census Bureau manufacturers’ shipments, inventories, and orders survey
(M3) data for 2011; for fishing, hunting and trapping, National Oceanic and Atmospheric
Administration commercial landings and export value for 2009-2011.
Mining
Oil and gas extraction
U.S. Department of Energy Information Administration (EIA) data on quantities produced and
prices for 2009-2011.
Mining, except oil and gas
For coal mining, EIA U.S. Coal Supply and Demand in Review; for Uranium, EIA Uranium
MarketingAnnual Report, for all other, U.S. Geological Survey (USGS) Mineral Commodity
Summariesfor 2009-2011.
Support activities for mining
For mining exploration, trade source data on drilling costs and footage drilled for 2009-2011;
all other support activities, USGS Mineral Commodity Summaries for 2009-2011.
Utilities
Construction
Residential
Nonresidential
Source data for price indexes
USDA prices received by farmer; Bureau of Labor Sta
tistics (BLS) Producer Price Index (PPI).
BLS PPI; NIPA personal consumption expenditure
(PCE) implicit price indexes; USDA/National Agricul
tural Statistics Service unit prices.
BLS PPI and EIA.
EIA; USGS and BLS PPI.
EIA, USGS, BLS PPI, and trade sources.
BLS Consumer Price Index (CPI) and BLS PPI.
For power generation and supply, EIA forms 861 and 826; for natural gas distribution, new
data for 2011 and revised data for 2009 and 2010 from EIA Natural Gas Monthly; for water,
sewage and other systems, NIPA PCE water and sanitary services/maintenance for
2009-2011
New Census Bureau construction spending survey data for 2011 and revised data for 2009
and 2010.
New Census Bureau construction spending survey data for 2011 and revised data for 2009
and 2010; U.S. Department of Defense (DOD) expenditures; USDA expenditures.
Census Bureau price deflator for new single-family
houses under construction; BEA price index for multi
family home construction.
BEA composite price indexes based on cost per square
foot and on cost indexes from trade source data and
Census Bureau price deflator for single-family houses
under construction; BLS PPI.
Manufacturing
Shipments and inventories data from Census Bureau M3 for 2011 and ASM and Census
Bureau nonemployer survey data for 2009 and 2010.
Wholesale trade
Census Bureau monthly wholesale trade survey for 2011 and Census Bureau annual whole BLS PPI and NIPA sales deflators.
sale trade survey data for 2009 and 2010.
Retail trade
Census Bureau monthly retail trade survey for 2009; Census Bureau annual retail trade sur
vey (ARTS) data for 2009 and 2010.
Transportation and warehousing
Air transportation
New Bureau of Transportation Statistics (BTS) Air Carrier Financial Statistics (ACFS) and Air
Carrier Traffic Statistics (ACTS); and foreign trade statistics.
Rail transportation
For rail passenger, Amtrak Annual Report 2009; for rail freight, Department of Transportation
(DOT) Surface Transportation Board earnings data.
W a te r tra n sp o rta tio n
For freight and passenger transportation except deep sea transportation, Census Bureau pre
liminary services annual survey (SAS) data for 2011 and revised SAS data for 2009 and
2010; for freight transportation, BLS quarterly census of employment and wages (QCEW)
data; for deep sea passenger transportation, NIPA PCE.
Truck transportation
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
Transit and ground passenger
BLS quarterly census of employment and wages (QCEW) data; PCE for ground passenger
transportation
transportation for 2009-2011; Census Bureau preliminary SAS data for 2011 and revised
SAS data for 2010.
Pipeline transportation
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2010; trade source
data on receipts; Federal Energy Regulatory Commission oil pipeline index; EIA natural gas
annual report for 2009.
Other transportation and support BTS ACFS, DOT Surface Transportation Board, American Public Transportation Association,
activities
BLS QCEW, NIPA PCE, Census Bureau SAS data, and trade source data for receipts.
Warehousing and storage
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
Information
Publishing industries (includes
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
software)
Motion picture and sound
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
recording industries
Broadcasting and
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
telecommunications
Information and data processing Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
services
Finance and insurance
Federal Reserve banks, credit
intermediation and related
activities
Federal Deposit Insurance Corporation commercial bank call report data; Federal Reserve
Board (FRB) data; National Credit Union Administration; Office of Thrift Supervision data;
BEA measures of financial services; private trade source data for 2009 and 2010.
BLS PPI; NIPA price indexes based on DOD prices paid
for military equipment; NIPA hedonic price indexes.
BLS PPI and NIPA sales deflators.
BLS PPI.
BLS PPI.
For freight, BLS PPI; for passenger, BLS CPI.
BLS PPI.
PCE price indexes; QCEW data; BLS PPI.
BLS PPI.
PCE; BLS PPI.
BLS PPI.
BEA price index for software; BLS PPL
PCE price indexes based on BLS CPI.
BLS PPI.
PCE price indexes for information services; BLS PPI for
data processing services.
For financial services, PCE implicit price deflators based
on BLS quantity output indexes for commercial banks
and employee hours for other depository institutions;
BLS PPI and CPI; FRB priced services.
Securities, commodity contracts, Securities and Exchange Commission Focus Report for 2011; Census Bureau preliminary
BLS PPI; PCE price indexes based on BLS CPI and
investments
SAS data; BLS QCEW data for auxiliary industries.
PPI.
Insurance carriers and related
For property and casualty insurance, life insurance, and reinsurance private trade source data BLS PPI; PCE price indexes based on quantity extrapo
activities
and BLS QCEW data for 2009-2011; for medical and hospitalization insurance, private trade lations of property insurance premiums and benefits
source data and NIPA statistics on medical and hospital insurance premiums for 2009-2011. deflated with BLS CPI, composite input cost indexes for
life insurance; quantity extrapolation.
December 2012
S urvey
of
25
C u r r e n t B u s in e s s
Principal Sources of Data
F. Principal Sources of Data for Industry and Commodity Output and Prices—Table
Industry and commodity
Source data for annual current-dollar statistics
Ends
Source data for price indexes
For property and casualty insurance, life insurance, and reinsurance private trade source data BLS PPI; PCE price indexes based on quantity extrapo
and BLS QCEW data for 2009-2011; for medical and hospitalization insurance, private trade lations of property insurance premiums and benefits
source data and NIPA statistics on medical and hospital insurance premiums for 2009-2011. deflated with BLS CPI, composite input cost indexes for
life insurance; quantity extrapolation.
Funds, trusts, and other financial NIPA imputed service charges for other financial institutions and Employee Benefits Security BLS PPI and PCE price indexes based on quantity
vehicles
Administration data on pension funds for 2009-2011.
indexes for mutual funds sales deflator with BLS CPI.
Insurance carriers and related
activities
Real estate and rental and leasing
Real estate
For residential dwellings, NIPA housing data and USDA data on farm housing; for nonresiden
tial dwellings, new Internal Revenue Service (IRS) tabulations of business tax returns for
2009; NIPA rental value of buildings owned by nonprofits and balance of payments exports
data.
Rental and leasing services and For rental and leasing services, Census Bureau preliminary SAS data for 2011 and revised
lessors of intangible assets
SAS data for 2009 and 2010; for royalties, new IRS tabulations of business tax returns for
2010 and revised tabulations for 2009.
Professional, scientific, and technical services
Legal services
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
Computer systems design and
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
related services
account software.
Miscellaneous professional,
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
scientific and technical
services
For residential dwellings, PCE price index for residential
rents, NIPA farm rents paid, and BLS CPI based defla
tor; for nonresidential dwellings, BLS PPI; for real
estate managers and agents, BLS PPI and trade
source data.
BLS PPI; BTS and construction index, mining, crude oil,
receipts.
BLS PPI; BEA PCE.
BEA price indexes for prepackaged custom and ownBLS PPI; BLS QCEW; BEA [NIPA?] PCE.
BLS QCEW data.
Management of companies and
BLS QCEW data for 2009-2011.
enterprises
Administrative and waste management services
Administrative and support
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010; BLS BLS QCEW; BLS PPI.
QCEW data for auxiliary industries.
services
Waste management and
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010; BLS BLS QCEW; BLS PPI.
remediation services
QCEW data for auxiliary industries.
Educational services
PCE data for education services based on data from the Department of Education and data PCE price index based on trade source data for input
costs.
from BLS consumer expenditure survey for 2009-2011.
Health care and social assistance
Ambulatory health care services Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
Hospital and nursing and
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
residential care facilities
Social assistance
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
Arts, entertainment, and recreation
Performing arts, spectator
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
sports, museums and related
industries
Amusement, gambling, and
Census Bureau preliminary SAS data for 2011 and revised SAS data for 2009 and 2010.
recreation industries
Accommodation and food services
Accommodations
For hotels and motels, PCE and for RV parks and bed and breakfasts, BLS QCEW data, for
2009-2011.
Food services and drinking
Census Bureau ARTS data for 2009-2011.
places
Other services, except
government
Federal
General government
Government enterprises
State and local
General
Enterprises
PCE price index based on BLS CPI; BLS PPI.
PCE price index based on BLS CPI and Centers for
Medicare and Medicaid services.
PCE price index based on trade source data on input
costs.
PCE price index based on BLS CPI.
PCE price index based on BLS CPI.
BLS PPI; PCE price index based on BLS CPI.
BLS PPI.
BLS CPI; PCE price indexes based on BLS CPI.
For religious, grant making, civic and other nonprofit services, personal services, and dry
cleaning services, Census Bureau preliminary SAS data for 2011 and revised data for 2009
and 2010 and data from the National Center for Charitable Statistics; for repair and
maintenance, BLS QCEW; for private household services, PCE data.
NIPA government expenditure statistics; for federal structures, DOD investment expenditures NIPA price index based on BLS PPI and CPI; for military
facilities, DOD data on employment, prices for military
data for 2009-2011.
construction and construction cost indexes from trade
sources.
U.S. Postal Service receipts; Overseas Private Investment Corporation and Federal Housing BLS PPI; PCE price indexes based on BLS PPI and
Administration data; for electric utilities, EIA data; for specific federal enterprises, govern
agency data.
ment agency data, 2009-2011.
BLS PPI; PCE price index based on CPI.
NIPA government expenditure statistics for 2009-2011.
BLS PPI.
NIPA statistics on government enterprises based on the Census Bureau annual survey of
government finances; for Alaskan ferries, waterports, and airports, Alaska Railroad Adminis
tration; for electric utilities, EIA data; for state and local government structures, Census
Bureau construction survey for 2009-2011.
26
December 2012
A n n u a l In d u s try A c c o u n ts
Principal Sources of Data
G. Principal Sources of Data for Value-Added Extrapolators—Continues
Component of
gross domestic income
Compensation of employees, paid
Wages and salary accruals1
Supplements to wages and salaries
Employer contributions for employee
pension and insurance funds
Employer contributions for government
social insurance
Major source data
Distribution
available in
source data
Industrial distribution
Data or assumption
if distribution is
not available
For most private industries, federal government civilians, and state and local government,
Bureau of Labor Statistics (BLS) tabulations from the quarterly census of employment and
wages (QCEW) for 2009-2011; for other private industries, a variety of sources for
2009-2011; for military wages, Office of Personnel Management (OPM) for 2009-2011.
Establishment.
For health insurance, Department of Health and Human Services medical expenditure panel
survey data for 2009-2011; for private pension plans, Pension Benefit Guaranty Corporation
and corporate financial data for 2010 and 2011; Department of Labor tabulations of Internal
Revenue Service (IRS) Form 5500 for 2009; for federal retirement plans, outlays from the
Monthly Treasury Statement; for state and local government plans, Census Bureau annual sur
vey of state and local government financial data for 2009-2011; for other types of funds, judg
mental trend for 2011 and trade association data for 2009 and 2010.
For pension
BLS employer cost index;
plans, com
BLS QCEW.
pany; for the
others, none.
Tabulations from the Social Security Administration (SSA) and other agencies that administer
social insurance programs for 2009-2011.
None.
Taxes on production and imports less subsidies
Taxes on production and imports
For state and local government, Census Bureau data for 2009-2011; for federal government
excise taxes, Alcohol and Tobacco Tax and Trade Bureau collections and IRS data for
2009-2011; for customs duties, Treasury Department Monthly Treasury Statement for
2009-2011.
Subsidies
For federal government, U.S. Department of Agriculture (USDA) Commodity Credit Corporation None.
subsidy payments and Office of Management and Budget (OMB) of the United States for
2009-2011; for state and local government, Census Bureau and California administrative
records for 2009-2011.
Gross operating surplus
Private enterprises
Net interest and miscellaneous payments, domestic industries
Corporate
Federal Financial Institutions Examination Council (FFIEC) Call Reports data on commercial
Company.
banks and trade association data for 2009-2011; for 2009 and 2010, IRS tabulations from cor
porate tax returns (Form 1120 series), adjusted for misreporting on tax returns and for concep
tual differences.
Noncorporate
FFIEC Call Reports data on commercial banks, Federal Reserve Board (FRB) mortgage debt Company.
times BEA interest rate for residential mortgage interest for 2009-2011; for 2009 and 2010, IRS
tabulations of tax return data from sole proprietorships (Form 1040 Schedule C) and partner
ships (Form 1065), adjusted for misreporting on tax returns and for conceptual differences.
Business current transfer payments
For government, OMB Budget of the United States, Census Bureau Census of Governments
Company.
(net)
and annual surveys for 2009-2011; tor persons, judgmental trend for 2009 and for 2009 and
2010, IRS tabulations from business tax returns and information from government agency
reports and trade sources.
SSA and BLS tabulations.
Payments are assigned to
the industries receiving
the subsidies.
Census Bureau companyestablishment employ
ment matrix.
Assumed to be equivalent
to an establishment distri
bution.
Industry-specific pay
ments are assigned to the
industries; others are
based on IRS company
industry distribution.
Proprietors’ income with inventory valuation adjustment (IVA) and without capital consumption adjustment (CCAdj)
Farm
USDA farm income data for 2009-2011.
Establishment.
Nonfarm
Proprietors’ income without inventory Indicators of activity, such as construction spending (value put in place) for construction, trade, Company.
Assumed to be equivalent
valuation and capital consumption
and services for 2011. For others, judgmental trend for 2011 and for 2009 and 2010, IRS tabu
to an establishment distri
adjustments
lations of tax returns from sole proprietorships (Form 1040 Schedule C) and partnerships
bution.
(Form 1065), adjusted for misreporting on tax returns and for conceptual differences.
Inventory valuation adjustment
BLS prices for 2009-2011; Census Bureau monthly surveys and Quarterly Financial Report tor Establishment/
2011; IRS inventory data for 2009 and 2010.
company.
1. Includes wage and salary disbursements to the rest of the world and excludes wages and
salaries received from the rest of the world.
December 2012
Survey
of
27
C u r r e n t B u s in e s s
Principal Sources of Data
G. Principal Sources of Data for Value-Added Extrapolators— Table
Component of
gross domestic income
Ends
Major source data
Distribution
available in
source data
Industrial distribution
Data or assumption
if distribution is
not available
Proprietors’ income with inventory valuation adjustment (IVA) and without capital consumption adjustment (CCAdj)
Establishment.
Farm
USDA farm income data for 2009-2011.
Nonfarm
Assumed to be equivalent
Proprietors’ income without inventory Indicators of activity, such as construction spending (value put in place) for construction, trade, Company.
to an establishment distri
valuation and capital consumption
and services for 2011. For others, judgmental trend for 2011 and for 2009 and 2010, IRS tabu
bution.
adjustments
lations of tax returns from sole proprietorships (Form 1040 Schedule C) and partnerships
(Form 1065), adjusted for misreporting on tax returns and for conceptual differences.
Rental income of persons without
capital consumption adjustment
Census Bureau data on housing units and rents from the American Housing Survey, FRB mort
gage debt data, BEA interest rate data, and USDA data for 2009-2011; for royalties, judgmen
tal trend for 2011 and for 2009 and 2010, IRS tabulations of data from individual tax returns
(Form 1040).
Corporate profits before tax with inventory valuation adjustment and without capital consumption adjustment, domestic industries
Census Bureau data from the Quarterly Financial Report, regulatory agency reports, and public
Corporate profits before tax without
inventory valuation and capital
financial statements for 2011; for 2009 and 2010, IRS tabulations from corporate tax returns
consumption adjustments
(Form 1120 series), adjusted for misreporting on tax returns and for conceptual differences.
Inventory valuation adjustment
BLS prices for 2009-2011; for 2011, Census Bureau monthly surveys and Quarterly Financial
Report, for 2009 and 2010, IRS inventory data.
Capital consumption allowances
Corporate
BEA estimates of tax-return-based depreciation for 2011; for 2009 and 2010, IRS tabulations
from corporate tax returns (Form 1120 series), adjusted for misreporting on tax returns and for
conceptual differences.
Noncorporate
BEA estimates of tax-return-based depreciation for 2011; for 2009 and 2010, IRS tabulations of
tax return data from sole proprietorships (Form 1040 Schedule C) and partnerships (Form
1065), adjusted for misreporting on tax returns and for conceptual differences.
Current surplus of government enterprises For federal government, reports from various agencies and BEA consumption of fixed capital for
2009-2011; for state and local governments, Census Bureau surveys of government finances
for 2009-2011.
Consumption of fixed capital
Households and institutions2
Perpetual-inventory method, base on gross investment estimates and on investment prices for
2009-2011.
Perpetual-inventory method, base on gross investment estimates and on investment prices for
Government
2009-2011.
2. Consists of owner-occupied housing and non profit institutions primarily serving households.
Establishment.
Company.
Census Bureau companyestablishment employ
ment matrix.
Establishment/
company.
Company.
Company.
Establishment.
Establishment.
Type of
agency.
Census Bureau companyestablishment employ
ment matrix.
Assumed to be equivalent
to an establishment distri
bution.
28
A n n u a l In d u s try A c c o u n ts
December 2012
Table 1. Value Added by Industry, 2008-2011
[B illio n s of do llars ]
Line
2008
2009
2010
2011
Gross domestic product..
14,291.5 13.973.7 14,498.9 15.075.7
Private industries.................
12,437.1 12.056.7 12,532.3 13.081.8
Agriculture, forestry, fishing, and hunting.
159.4
142.4
157.6
173.5
Farms..............................................................
Forestry, fishing, and related activities........
130.5
28.9
113.2
29.2
124.8
32.9
138.7
34.9
Mining..................................................
319.2
221.7
251.9
289.9
Oil and gas extraction...................................
Mining, except oil and g a s ...........................
Support activities for mining.........................
218.8
44.7
55.7
138.1
45.1
38.5
156.0
51.1
44.8
174.2
58.4
57.3
Utilities.................................................
257.7
264.7
284.5
297.9
C o nstru ctio n .........................................................................
614.2
542.9
523.3
529.5
Manufacturing
Durable goods....................................................................
Wood products..............................................................
Nonmetallic mineral products......................................
Primary metals..............................................................
Fabricated metal products..........................................
M achinery......................................................................
Computer and electronic products.............................
Electrical equipment, appliances, and components..
Motor vehicles, bodies and trailers, and p a rts..........
Other transportation equipment..................................
Furniture and related products....................................
Miscellaneous manufacturing.....................................
Nondurable goods.............................................................
Food and beverage and tobacco products................
Textile mills and textile product m ills..........................
Apparel and leather and allied products....................
Paper products..............................................................
Printing and related support activities........................
Petroleum and coal products......................................
Chemical products........................................................
Plastics and rubber products......................................
1,628.5
1,540.1
1,630.5
1,731.5
904.1
24.5
37.9
59.8
131.3
125.0
208.4
49.6
68.1
91.1
29.3
79.2
724.4
186.4
22.3
13.3
51.6
36.8
150.0
204.5
59.4
787.0
20.0
32.8
35.8
113.4
108.6
208.0
44.4
27.2
89.0
24.3
83.4
753.2
229.1
18.3
11.9
60.6
31.6
101.9
233.6
66.3
866.7
22.2
31.8
42.7
115.2
117.5
235.8
42.3
64.8
87.1
24.3
82.9
763.8
219.1
19.0
11.8
53.9
30.9
126.7
236.0
66.4
910.1
22.9
32.8
49.9
122.3
131.8
227.0
46.8
76.5
93.9
25.9
80.2
821.3
215.0
18.2
11.8
53.2
31.7
169.4
253.5
68.6
Wholesale tra d e ...................................................................
824.1
766.3
799.0
Retail trade.
848.6
846.8
876.0
845.1
905.7
Transportation and warehousing................
415.0
396.6
422.6
447.9
Air transportation...............................................
Rail transportation...
Water transportation
Truck transportation.
Transit and ground passenger transportation.
Pipeline transportation......................................
Other transportation and support activities....
Warehousing and storage.................................
59.9
35.1
14.3
122.3
25.3
16.1
100.8
41.3
59.4
31.0
13.9
114.8
26.7
13.2
94.9
42.8
66.1
32.2
13.8
119.8
27.2
17.2
102.8
43.5
69.6
36.7
14.5
126.0
27.7
21.1
106.8
45.6
Information.................................................
636.8
604.8
612.2
646.6
Publishing industries (includes software)...........
Motion picture and sound recording industries.
Broadcasting and telecommunications.............
144.7
59.1
357.2
75.9
131.8
57.3
340.7
140.0
58.9
336.8
144.3
60.2
363.9
75.0
76.4
78.2
I n f o r m a t io n a n d d a t a p r o c e s s in g s e r v i c e s ............
1. The NIPA reconciliation item shows the differences between the Annual Industry Accounts (AlAs) and the National
Income and Product Accounts (NIPAs) that result from the incorporation of source data in the AlAs that were not available
to be incorporated in the NIPAs. These differences do not indicate future revisions to the NIPAs, which will reflect the incor
poration of additional key source data.
2. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
Line
2008
Finance, insurance, real estate, rental, and leasing............
Finance and insurance................................................
Federal Reserve banks, credit intermediation, and related
activities.................................................................................
Securities, commodity contracts, and investments..............
Insurance carriers and related activities................................
Funds, trusts, and other financial vehicles.............................
Real estate and rental and leasing..........................
Real e state........................................................................
Rental and leasing services and lessors of intangible
assets.............................................................................
Professional and business services...........................
Professional, scientific, and technical services......
2009
2010
2011
2,916.6 2.941.8 3.021.8 3,058.1
1.041.5 1.093.6 1,157.3 1.159.3
497.8
145.1
345.6
52.9
506.4
173.0
388.1
26.2
558.7
180.6
383.8
34.2
544.0
178.8
397.6
38.9
1.875.2 1.848.3 1.864.5 1.898.8
1.671.5
1,662.0
1.676.8
1.701.0
203.7
186.2
187.7
197.9
1.783.2 1,693.2 1.769.6 1.883.9
1.100.2 1.045.8 1,084.0 1,151.5
Legal services..................................................................
Computer systems design and related services.........
Miscellaneous professional, scientific, and technical
services.......................................................................
224.4
170.2
200.7
174.1
204.0
183.1
209.2
198.1
705.7
671.1
696.9
744.1
Management of companies and enterprises................
Administrative and waste management services.........
263.2
419.8
248.2
399.1
262.7
423.0
283.6
448.8
378.5
41.2
357.3
41.9
376.7
46.3
400.7
48.1
Administrative and support services...................................
Waste management and remediation services.................
Educational services, health care, and social assistance..
Educational services................................................
Health care and social assistance.......................
Ambulatory health care services................................
Hospitals and nursing and residential care facilities.
Social assistance..........................................................
Arts, entertainm ent, recreation, accom m odation, and food
se rv ic e s .........................................................................................
Arts, entertainm ent, and recreation........................................
Performing arts, spectator sports, museums, and related
activities.................................................................................
Amusements, gambling, and recreation industries..............
Accom m odation and food se rvice s........................................
Accommodation.........................................................................
Food services and drinking places.........................................
Other services, except g overnm ent............................................
G overnm ent...........................................................................................
Federal................
General government.....................................................................
Government enterprises...............................................................
State and lo c a l.................................................................................
General government...
Government enterprises...............................................................
NIPA reconciliation item 1
Addenda:
Gross domestic product, NIPAs.......................................................
Less: Value added, all industries.....................................................
NIPA reconciliation item 1..................................................................
Private goods-producing industries 2..............................................
Private services-producing industries 3..........................................
Information-communications-technology-producing industries 4
1,153.9 1.225.6 1,269.2 1.311.1
166.4 174.2
147.6 163.1
1.006.3 1.062.4 1.102.7 1.136.9
487.2
431.6
87.5
509.8
461.3
91.3
542.1
465.1
95.6
559.5
480.4
97.0
537.3
132.4
525.4
130.6
558.0
139.4
591.1
148.0
74.8
57.6
75.2
55.4
78.8
60.6
83.0
65.0
404.9
394.8
418.6
443.1
119.3
285.6
101.1
293.7
108.6
310.0
119.1
324.0
342.7 344.4 356.0 369.9
1.854.4 1.917.0 1,966.6 1.993.8
580.9 613.0 647.2 658.1
517.7
63.2
553.2
59.8
589.2
57.9
607.0
51.1
1.273.5 1.304.0 1.319.5 1.335.8
1,180.3
93.2
1.208.6
95.4
1.222.5
97.0
1.235.4
100.3
2,721.2
9,715.9
599.1
2,447.1
9,609.6
588.9
2,563.4 2,724.4
9,968.9 10,357.4
635.3
647.7
3. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social assis
tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
4. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
December 2012
S urvey
of
29
C u r r e n t B u s in e s s
Table 2. Value Added by Industry as a Percentage of Gross Domestic Product, 2008-2011
[Percent]
2008
Line
Gross domestic product.
Private industries.................
2009
2010
100.0
100.0
100.0
87.0
86.3
86.4
1.1
A griculture, forestry, fish in g, and h u n tin g .....................
Farms..................................................................................
Forestry, fishing, and related activities...........................
0.9
0.2
M ining......................................................................................
Oil and gas extraction........................................................
Mining, except oil and gas................................................
Support activities for mining.............................................
1.5
0.3
0.4
2.2
1.0
1.1
2011
100.0
86.8
1.2
0.8
0.2
0.9
0.2
1.6
1.7
1.9
1.1
0.4
0.3
1.2
0.4
0.4
1.0
0.3
0.3
0.9
0.2
1.9
2.0
2.0
4.3
11.4
3.9
3.6
3.5
11.0
11.2
11.5
6.0
0.2
0.2
0.3
0.8
0.9
1.5
0.3
0.5
0.6
0.2
0.5
5.4
1.4
0.1
0.1
0.4
0.2
1.1
1.7
0.5
6.3
0.2
0.3
0.4
0.9
0.9
1.5
0.3
0.5
0.6
0.2
0.6
5.1
1.3
0.2
0.1
0.4
0.3
1.0
1.4
0.4
5.6
0.1
0.2
0.3
0.8
0.8
1.5
0.3
0.2
0.6
0.2
0.6
5.4
1.6
0.1
0.1
0.4
0.2
0.7
1.7
0.5
6.0
0.2
0.2
0.3
0.8
0.8
1.6
0.3
0.4
0.6
0.2
0.6
5.3
1.5
0.1
0.1
0.4
0.2
0.9
1.6
0.5
5.5
5.5
5.6
6.0
Air transportation...
......................
Rail transportation.
Water transportation.............................................
Truck transportation..............................................
Transit and ground passenger transportation....
Pipeline transportation........................................
Other transportation and support activities.......
Warehousing and storage............
0.4
0.2
0.1
0.9
0.2
0.1
0.7
0.3
6.1
2.8
6.0
Transportation and warehousing..................
5.8
5.9
2.9
W holesale trade...................................................................
Retail tra d e ...........................................................................
Information...............................
Publishing industries (includes software)..........
Motion picture and sound recording industries.
Broadcasting and telecommunications.............
Information and data processing services........
2.9
3.0
0.4
0.2
0.1
0.8
0.2
0.1
0.7
0.3
0.5
0.2
0.1
0.8
0.2
0.1
0.7
0.3
0.5
0.2
0.1
0.8
0.2
0.1
0.7
0.3
4.5
4.3
4.2
4.3
1.0
0.4
2.5
0.5
0.9
0.4
2.4
0.5
1.0
0.4
2.3
0.5
1.0
0.4
2.4
0.5
1. The NIPA reconciliation item shows the differences between the Annual Industry Accounts (AlAs) and the National
Income and Product Accounts (NIPAs) that result from the incorporation of source data in the AlAs that were not available
to be incorporated in the NIPAs. These differences do not indicate future revisions to the NIPAs, which will reflect the
incorporation of additional key source data.
2. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
Finance, insurance, real estate, rental, and le asin g ....................
Finance and insurance...................................................................
Federal Reserve banks, credit intermediation, and related
activities.....................................................................................
Securities, commodity contracts, and investments...................
Insurance carriers and related activities....................................
Funds, trusts, and other financial vehicles.................................
Real estate and rental and leasing..............................................
Real estate......................................................................................
Rental and leasing services and lessors of intangible assets
Professional and business se rvice s...............................................
Professional, scientific, and technical s e rv ic e s ......................
Legal services................................................................................
Computer systems design and related services.......................
Miscellaneous professional, scientific, and technical services
Management o f com panies and ente rp rise s.............................
A dm inistrative and waste management s e rvice s....................
Administrative and support services...........................................
Waste management and remediation services.........................
Educational services, health care, and social assistan ce .........
Educational se rvice s......................................................................
Health care and social a ssista n ce ..............................................
Ambulatory health care services................................................
Hospitals and nursing and residential care facilities................
Social assistance...........................................................................
A rts, entertainm ent, recreation, accom m odation, and food
se rv ic e s .............................................................................................
A rts, entertainm ent, and recreation............................................
Performing arts, spectator sports, museums, and related
activities......................................................................................
Amusements, gambling, and recreation industries...................
Accom m odation and food se rvice s............................................
Accommodation.............................................................................
Food services and drinking places.............................................
Other services, except g overnm ent................................................
G overnm ent...............................................................................................
Federal....................................................................................................
General government
Government enterprises...................................................................
State and lo c a l...........
General government
Government enterprises...................................................................
NIPA reconciliation item ' ......................................................................
Addenda:
Gross domestic product, NIPAs...........................................................
Less: Value added, all industries.........................................................
NIPA reconciliation ite m 1......................................................................
Private goods-producing industries 2..................................................
Private services-producing industries 3.............................................
Information-communications-technology-producing industries 4....
2010
2011
20.4
7.3
21.1
7.8
20.8
8.0
20.3
7.7
3.5
1.0
2.4
0.4
3.6
1.2
2.8
0.2
3.9
1.2
2.6
0.2
3.6
1.2
2.6
0.3
13.1
13.2
12.9
12.6
11.7
1.4
11.9
1.3
11.6
1.3
11.3
1.3
12.5
7.7
12.1
12.2
7.5
7.5
12.5
7.6
1.6
1.2
4.9
1.4
1.2
4.8
1.4
1.3
4.8
1.4
1.3
4.9
1.8
1.8
1.8
2.9
2.9
2.9
1.9
3.0
2.6
0.3
2.6
0.3
2.6
0.3
2.7
0.3
8.7
8.1
1.0
CO
00
1.8
C o ns tru ctio n .........................................................................
50
51
52
2009
CO
CO
U tilitie s ...................................................................................
M a nu factu rin g ......................................................................
Durable goods....................................................................
Wood products..............................................................
Nonmetallic mineral products......................................
Primary metals..............................................................
Fabricated metal products............................................
Machinery......................................................................
Computer ana electronic proaucts.............................
Electrical equipment, appliances, and components.,
Motor vehicles, bodies and trailers, and parts...........
Other transportation equipment..................................
Furniture and related products....................................
Miscellaneous manufacturing......................................
Nondurable goods.............................................................
Food and beverage and tobacco products................
Textile mills and textile product mills...........................
Apparel and leather and allied products....................
Paper products..............................................................
Printing and related support activities.......................
Petroleum and coal products......................................
Chemical products.......................................................
Plastics and rubber products.....................................
2008
Line
1.2
1.1
1.2
7.0
7.6
7.6
7.5
3.4
3.0
0.6
3.6
3.3
0.7
3.7
3.2
0.7
3.7
3.2
0.6
3.8
0.9
3.8
0.9
3.8
3.9
1.0
1.0
0.5
0.4
0.5
0.4
0.5
0.4
0.6
0.4
2.8
2.8
2.9
2.9
0.7
2.1
0.7
2.1
0.8
2.1
2.4
13.0
4.1
2.5
13.7
4.4
2.5
13.6
4.5
2.5
13.2
4.4
3.6
0.4
4.0
0.4
4.1
0.4
4.0
0.3
8.9
9.3
9.1
8.9
8.3
0.7
8.6
0.7
8.4
0.7
8.2
0.7
19.0
68.0
4.2
17.5
68.8
4.2
17.7
68.8
4.4
18.1
68.7
4.3
0.8
2.0
3. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social assis
tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
4. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
30
A n n u a l In d u s try A c c o u n ts
December 2012
Table 3. Chain-Type Quantity Indexes for Value Added by Industry, 2008-2011
[2005=100]
Line
2008
2009
2010
2011
Line
Gross domestic product........................................
? Private industries........................................................
3 Agriculture, forestry, fishing, and hunting...................
104.270 101.069 103.486 105.356
103.909 99.908 102.626 104.711
101.279 114.472 111.233 96.068
50
51
52
4
5
99.734
104.514
53
54
55
56
57
58
1
6
7
8
9
10
11
12
13
14
15
1fi
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
3?
33
34
35
36
37
38
39
4(1
41
42
43
44
45
46
47
48
49
Farms......................................................................................
Forestry, fishing, and related activities................................
Mining...................
115.219
108.331
109.474
114.672
107.236 134.267 121.976
Oil and gas extraction
Mining, except oil and gas.....................................................
Support activities for m ining.................................................
110.700
81.173
121.875
Utilities...................................................................
Construction............................................................
Manufacturing..........................................................
108.818
85.547
101.545
Durable goods.....................
Wood products...............
Nonmetallic mineral products...........................................
Primary m etals...............
Fabricated metal products................................................
M achinery.......................
Computer and electronic products..................................
Electrical equipment, appliances, and components.....
Motor vehicles, bodies and trailers, and parts...............
Other transportation equipment......................................
Furniture and related products...............
Miscellaneous manufacturing.................
Nondurable goods........................................
Food and beverage and tobacco products.....................
Textile mills and textile product mills......
Apparel and leather and allied products.
Paper products.........................................
Printing and related support activities...,
Petroleum and coal products..................
Chemical products............................................................
Plastics and rubber products............................................
108.932
99.016
77.897
77.587
99.886
110.767
160.693
113.284
77.084
115.649
80.888
111.589
93.038
102.188
92.244
83.912
82.774
99.448
87.347
96.043
82.162
Wholesale trade........................................................
Retail trade..............................................................
Transportation and warehousing................................
107.416
96.613
106.182
Rail transportation..
............
Truck transportation,
............
Pipeline transportation..........................................................
Other transportation and support activities........................
Warehousing and storage....................................................
Information..............................................................
Publishing industries (includes software)...........................
Motion picture and sound recording industries.................
Broadcasting and telecommunications................................
Information and data processing services..........................
100.344
100.322
231.157
102.807
112.276
130.445
100.664
108.780
166.363
80.560
102.506
133.077
79.763
131.503
90.114
119.048
122.020
127.555
79.225
152.301
98.997 109.020 111.834
74.490 73.620 73.388
92.209 98.564 101.039
91.138
82.512
61.069
80.148
75.242
84.973
165.574
89.803
21.014
106.711
59.822
112.231
92.674
107.887
71.478
73.489
87.116
83.309
76.820
100.982
83.218
103.223
88.809
62.657
73.943
82.310
96.857
194.917
89.293
57.728
105.147
62.466
112.392
93.049
113.475
75.311
73.716
75.439
83.625
74.470
101.208
86.018
110.238
99.703
66.399
74.667
87.251
109.715
197.102
100.423
75.425
112.080
66.189
108.663
91.132
111.928
67.475
72.463
74.979
88.813
68.721
100.671
85.890
93.075 96.225 99.098
94.746 101.361 101.521
95.382 101.721 106.590
93.528
86.578
240.945
88.951
109.315
97.073
87.298
111.287
101.345
87.739
227.071
96.635
107.593
115.596
94.679
116.070
102.124
92.339
286.048
100.718
105.060
138.403
97.847
125.650
111.156 104.993
108.313 114.722
94.674
99.702
121.040
113.662
92.895
98.384
115.973
116.867
84.215
95.516
115.717
112.087
96.206
100.042
125.305
121.638
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social assis-
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
/b
77
78
79
80
81
2008
2009
2010
2011
Finance, insurance, real estate, rental, and leasing......... 104.357 105.607 106.040 106.391
Finance and insurance.............................................. 95.894 104.024 101.752 101.112
Securities, commodity contracts, and investments...........
Insurance carriers and related activities.............................
Funds, trusts, and other financial vehicles.........................
101.239 108.217 103.802 102.796
63.895 89.397 94.758 88.945
102.261 110.591 106.602 107.495
157.099 73.070 75.918 90.010
Real estate and rental and leasing.............................. 109.707 106.680 108.835 109.844
Real estate..............................................................................
Rental and leasing services and lessors of intangible
assets..................................................................................
108.314 105.981
108.326 108.962
122.735 113.215 113.573 118.076
Professional and business services.............................. 110.288 103.846 106.089 111.203
Professional, scientific, and technical services............ 113.859 107.000 109.799 115.679
Legal services........................................................................
Computer systems design and related services...............
Miscellaneous professional, scientific, and technical
services...............................................................................
98.522 84.987 83.154 81.748
130.191 134.553 144.995 158.002
115.604 108.922 111.919 119.209
Management of companies and enterprises................ 101.450 101.654 96.773
Administrative and waste management services......... 107.291 97.651 103.036
Administrative and support services...................................
Waste management and remediation services..................
108.023
100.863
96.336
110.101
97.546 102.657 110.398
98.387 106.097 107.579
Educational services, health care, and social assistance
Educational services................................................
Health care and social assistance..............................
109.833 112.056 113.472 115.397
104.334 107.717 105.766 106.993
110.660 112.699 114.659 116.698
Ambulatory health care services..........................................
Hospitals and nursing and residential care facilities.........
Social assistance...................................................................
111.615 113.017 117.902 120.301
109.793 112.536 111.086 113.371
109.604 111.640 114.589 113.423
Arts, entertainment, recreation, accommodation, and food
services................................................................... 100.271
Arts, entertainment, and recreation............................ 102.289
Performing arts, spectator sports, museums, and related
activities..............................................................................
Amusements, gambling, and recreation industries...........
94.050 100.114 105.492
98.893 104.995 110.791
102.270 100.520 104.452 109.626
102.199 96.663 105.601 112.209
Accommodation and food services............................
99.616
92.510
Accommodation.....................................................................
Food services and drinking places......................................
98.923
99.909
85.566 94.542 103.155
95.318 100.280 104.288
Other services, except government...............................
82 Government....................................................................
83
Federal.......................................................................
84
General government
8b
Government enterprises
86
State and local..........
8/
General government,
88
Government enterprises...........................................................
98.561 103.807
97.388 93.221 93.916 95.105
103.008 103.940 104.589 103.820
102.597 106.343 109.384 109.110
104.625 110.775 114.835 115.730
88.600 76.291 72.756 64.839
103.202 102.848 102.404 101.408
103.563 103.908 103.188 101.999
99.045 90.450 93.115 94.320
Addenda:
89
90
91
Private goods-producing industries1............................................
97.973 92.363 95.059 95.631
Private services-producing industries2......................................... 105.673 102.135 104.860 107.386
Information-communications-technology-producing industries3 126.667 125.542 139.836 145.851
tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
Decem ber 2 0 1 2
S urvey
of
31
C u r r e n t B u s in e s s
Table 3A. Percent Changes in Chain-Type Quantity Indexes for Value Added by Industry, 2008-2011
2008
Line
2009
2010
2011
1.8
2.0
Gross domestic product........................................
7 Private industries........................................................
Agriculture, forestry, fishing, and hunting...................
3
-0.3
-1.0
8.7
-3.1
-3.8
13.0
2.4
2.7
-2.8
-13.6
4
5
Farms.......................................................................................
Forestry, fishing, and related activities................................
12.6
-6.0
15.5
3.7
-5.0
5.9
-17.7
3.8
6
7
8
9
Mining.....................................................................
-3.8
25.2
-9.2
Oil and gas extraction............................................................
Mining, except oil and gas....................................................
Support activities for mining.................................................
—6.8
-7.5
11.4
50.3
-0.8
-15.9
-20.0
-1.0
28.3
1
10
11
12
13
14
15
1H
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
3/
38
39
40
41
42
43
44
45
46
47
48
49
0.0
-4.1
-0.7
15.8
2008
Line
50
51
52
53
54
55
56
57
58
Finance, insurance, real estate, rental, and leasing...........
Finance and insurance...............................................
-0.7
-6.5
Federal Reserve banks, credit intermediation, and related
activities................................................................................
Securities, commodity contracts, and investments..............
Insurance carriers and related activities................................
Funds, trusts, and other financial vehicles............................
1.7
-28.3
-10.3
40.5
2.8
13.3
7.6
2.6
-7.7
9.4
14.0
17.7
-0.6
174.7
-1.5
4.4
0.1
0.4
5.2
5.4
0.3
-13.4
0.4
-3.1
0.2
3.4
6.8
12.3
6.0
1.0
6.0
13.3
1.1
12.5
30.7
6.6
6.0
-3.3
-2.1
-1.4
-10.4
-1.7
-0.6
6.2
-7.7
-0.5
-0.1
Wholesale trade.......................................................
Retail trade..............................................................
Transportation and warehousing................................
-1.1
-5.7
0.9
-13.4
-1.9
-10.2
3.4
7.0
3.0
6.6
4.8
Air transportation....................................................................
Rail transportation.................................................................
Water transportation..............................................................
Truck transportation...............................................................
Transit and ground passenger transportation.....................
Pipeline transportation..........................................................
Other transportation and support activities........................
-3.0
1.6
22.1
-4.0
4.4
30.5
2.4
0.6
-6.8
-13.7
4.2
-13.5
-2.6
-25.6
-13.3
2.3
8.4
1.3
-5.8
8.6
-1.6
19.1
8.5
4.3
0.8
5.2
26.0
4.2
-2.4
19.7
3.3
8.3
5.9
77
78
Accommodation and food services..............................
79
Accommodation........................................................................
80
Food services and drinking places.........................................
81
Other services, except government..................................
82 Government.....................................................................
83
Federal.....................
84
General government.
85
Government enterprises
86
State and local..........
87
General government.....................................................................
88
3.6
1.7
8.0
4.1
89
90
91
-11.0
-4.2
-4.4
-1.4
10.3
3.0
0.2
4.3
Information and data processing services.........................
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social assis-
0.9
2.2
0.6
-7.8
0.3
4.0
3.9
5.2
-5.8
-6.0
4.8
5.4
0.6
6.4
-13.7
3.4
2.2
2.6
6.5
-5.8
Management of companies and enterprises..................
Administrative and waste management services...........
-16.3
-16.7
-21.6
3.3
-24.7
-23.3
3.0
-20.7
-72.7
-7.7
-26.0
0.6
-0.4
5.6
-22.5
-12.4
5.2
-16.2
-12.1
5.1
1.3
-7.7
-5.1
6.3
6.0
2.0
-2.8
64
65
66
67
68
69
70
71
72
73
74
-1.6
-7.7
-10.0
-1.1
-6.8
-0.6
17.4
5.3
-26.9
-1.7
-15.8
1.1
-10.9
-10.9
2.5
-9.5
-15.9
-0.7
2.2
-18.9
-16.9
Publishing industries (includes software)...........................
-1.0
-6.1
0.8
18.6
Legal services..........................................................................
Computer systems design and related services..................
Miscellaneous professional, scientific, and technical
services.................................................................................
Durable goods........................................................................
Wood products...................................................................
Nonmetallic mineral products...........................................
Primary metals...................................................................
Fabricated metal products................................................
Machinery..........................................................................
Computer and electronic products..................................
Electrical equipment, appliances, and components......
Motor vehicles, bodies and trailers, and parts...............
Other transportation equipment......................................
Furniture and related products........................................
Miscellaneous manufacturing...........................................
Nondurable goods..................................................................
Food and beverage and tobacco products.....................
Textile mills and textile product mills................................
Apparel and leather and allied products.........................
Paper products...................................................................
Printing and related support activities............................
Petroleum and coal products............................................
Chemical products............................................................
Plastics and rubber products...........................................
-5.5
^ .1
6.0
-3.6
3.9
Professional and business services.................................
Professional, scientific, and technical services.............
2.6
-0.3
2.5
1.7
6.9
39.9
8.1
-53.5
59
60
61
62
63
10.1
Information..............................................................
0.3
-0.6
4.2
-1.2
6.9
75
76
2011
8.5
-2.2
-9.0
-12.9
-9.2
2010
0.4
-2.2
2.7
4.6
-6.6
-5.8
3.2
1.2
Real estate................................................................................
Rental and leasing services and lessors of intangible
assets....................................................................................
Utilities...................................................................
Construction............................................................
Manufacturing.........................................................
0.2
2009
2.0
0.2
-2.2
7.8
-1.7
9.0
2.8
6.5
-0.5
6.9
1.7
-9.0
-4.8
5.5
Administrative and support services.....................................
Waste management and remediation services....................
1.7
1.9
-9.7
-2.5
5.2
7.8
7.5
1.4
Educational services, health care, and social assistance...
Educational services...................................................
Health care and social assistance................................
4.6
2.3
5.0
1.3
-1.8
1.7
1.7
1.3
2.5
1.9
4.3
-1.3
2.6
2.0
2.1
-1.0
Ambulatory health care services............................................
Hospitals and nursing and residential care facilities............
Social assistance......................................................................
5.2
5.1
2.8
Arts, entertainment, recreation, accommodation, and food
2.0
3.2
1.8
1.2
1.8
-5.1
-5.8
-6.2
-3.3
6.4
Arts, entertainment, and recreation.............................
6.2
5.4
5.5
Performing arts, spectator sports, museums, and related
activities................................................................................
Amusements, gambling, and recreation industries.............
-3.2
-8.9
-1.7
-5.4
3.9
9.2
5.0
6.3
-4.8
-7.1
6.5
5.3
-6.2
-4.2
-13.5
-4.6
10.5
5.2
9.1
4.0
-4.2
0.7
2.7
-4.3
0.9
3.7
2.9
1.3
-0.7
-0.3
3.9
-6.4
5.9
-13.9
3.7
-4.6
0.8
-10.9
1.8
0.6
1.4
-0.3
-0.4
-1.0
1.2
3.2
0.3
-8.7
-0.7
2.9
-1.2
1.3
-5.1
0.2
6.1
-5.7
-3.3
-0.9
2.9
2.7
11.4
0.6
2.4
4.3
Addenda:
Private goods-producing industries' ..............................................
Information-communications-technology-producing industries3
tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
32
A n n u a l In d u s try A c c o u n ts
December 2012
Table 4. Real Value Added by Industry, 2008-2011
[Billions of chained (2005) dollars]
Line
1
2008
Gross domestic product........................................
? Private industries........................................................
3
4
5
Agriculture, forestry, fishing, and hunting...................
6
7
a
y
10
11
12
13
14
15
1H
17
18
19
20
21
22
?3
?4
?fi
27
28
29
30
31
32
33
34
35
36
3/
38
39
40
41
42
43
44
45
46
4/
48
49
2009
2010
2011
13,161.9 12,757.9 13,063.0 13,299.1
11,468.5 11,026.9 11,326.9 11,557.0
128.7
141.4
145.5
122.1
Line
50
51
52
2008
activities.................................................................................
Securities, commodity contracts, and investments..............
Insurance carriers and related activities................................
Funds, trusts, and other financial vehicles.............................
117.5
27.2
111.7
28.8
91.9
29.9
Mining.....................................................................
206.2
258.2
234.5
234.6
Oil and gas extraction............................................................
Mining, except oil and gas....................................................
Support activities for mining.................................................
142.5
29.5
33.2
214.1
29.3
27.9
171.3
29.0
35.8
164.1
28.8
41.5
Utilities...................................................................
Construction............................................................
Manufacturing..........................................................
224.0
524.0
1,593.6
203.8
456.3
1,447.1
224.5
450.9
1,546.8
230.3
449.5
1,585.6
Durable goods....................
Wood products...............
Nonmetallic mineral products...........................................
Primary m etals...............
Fabricated metal products................................................
M achinery.......................
Computer and electronic products..................................
Electrical equipment, appliances, and components.....
Motor vehicles, bodies and trailers, and parts...............
Other transportation equipm ent......................................
Furniture and related products........................................
Miscellaneous manufacturing...........................................
Nondurable goods..................................................................
Food and beverage and tobacco products.....................
Textile mills and textile product mills................................
Apparel and leather and allied products.........................
Paper products...................................................................
Printing and related support activities............................
Petroleum and coal products............................................
Chemical products........
Plastics and rubber products............................................
956.8
32.7
35.3
41.7
120.3
121.3
294.8
45.2
86.7
88.2
27.8
77.8
642.9
175.8
21.6
13.4
44.6
37.3
121.7
175.9
54.0
800.5
27.3
27.7
43.1
90.6
93.1
303.8
35.9
23.6
81.4
20.5
78.2
640.4
185.6
16.8
11.7
46.9
31.2
107.0
185.0
54.7
906.6
29.3
28.4
39.7
99.2
106.1
357.6
35.7
64.9
80.2
21.4
78.3
643.0
195.2
17.7
11.8
40.6
31.4
103.7
185.4
56.5
968.2
32.9
30.1
40.1
105.1
120.2
361.6
40.1
84.8
85.5
22.7
75.7
629.7
192.6
15.8
11.6
40.4
33.3
95.7
184.4
56.4
Wholesale trade........................................................
Retail trade..............................................................
Transportation and warehousing................................
779.3
809.2
392.3
675.3
793.6
352.4
698.1
849.0
375.9
719.0
850.3
393.8
Air transportation....................................................................
Rail transportation..
Water transportation..............................................................
Truck transportation
Transit and ground passenger transportation.....................
Pipeline transportation..........................................................
Other transportation and support activities........................
Warehousing and storage....................................................
55.9
27.1
20.5
122.9
23.8
13.5
92.7
37.9
52.1
23.3
21.4
106.4
23.1
10.1
80.4
38.7
56.4
23.7
20.2
115.6
22.8
12.0
87.1
40.4
56.9
24.9
25.4
120.4
22.2
14.4
90.1
43.7
Information..............................................................
651.9
615.7
635.2
672.8
Performing arts, spectator sports, museums, and related
activities.................................................................................
77
Amusements, gambling, and recreation industries..............
78
Accommodation and food services..............................
Accommodation........................................................................
79
80
Food services and drinking places.........................................
81
Other services, except government..................................
82 Government...............
Federal..................
83
84
General government.....................................................................
8b
Government enterprises...............................................................
State and local...............................................................
86
87
General government.....................................................................
88
Government enterprises...............................................................
89 Not allocated by industry 1.................................................
Publishing industries (includes software)...........................
Motion picture and sound recording industries.................
Broadcasting and telecommunications................................
Information and data processing services..........................
141.9
55.1
376.1
80.2
126.2
52.8
359.5
79.1
139.3
54.4
360.3
82.5
144.2
55.3
389.3
85.8
90
91
92
1. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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 value of the
“Not allocated by industry” line reflects the difference between the first line and the sum of the most detailed lines, as well
as the differences in source data used to estimate GDP by industry and the expenditures measure of real GDR
2. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
53
54
55
56
57
58
59
60
61
62
63
64
65
66
6/
68
69
/U
n
/2
/3
74
75
76
2010
2011
Finance, insurance, real estate, rental, and leasing............ 2,712.0 2,744.5 2,755.8 2,764.9
Finance and insurance................................................
977.6 1,060.5 1,037.3 1,030.8
101.7
26.2
Farms......................................................................................
Forestry, fishing, and related activities................................
2009
473.6
116.9
341.1
55.0
506.3
163.6
368.9
25.6
485.6
173.4
355.6
26.6
480.9
162.8
358.6
31.5
Real estate and rental and leasing................................
1,732.7 1,684.9 1,718.9 1,734.8
Real estate.................................................................................
Rental and leasing services and lessors of intangible
assets.....................................................................................
1,545.2 1,511.9 1,545.4 1,554.4
187.5
173.0
173.5
180.4
Professional and business services................................. 1,610.4 1,516.3 1,549.1 1,623.8
Professional, scientific, and technical services.............
990.9 931.2 955.6 1,006.8
Legal services............................................................................
Computer systems design and related services...................
Miscellaneous professional, scientific, and technical
services.................................................................................
Management of companies and enterprises...................
Administrative and waste management services............
Administrative and support services.......................................
Waste management and remediation services.....................
188.2
170.6
162.3
176.4
158.8
190.1
156.1
207.1
633.8
597.1
613.6
653.5
210.4
408.9
368.4
40.6
221.6 222.0
398.5
362.7
211.4
382.7
360.5
38.1
325.5
37.1
342.6
40.0
Educational services, health care, and social assistance... 1,047.3 1,068.5 1,082.0 1,100.3
Educational services...................................................
125.4 129.5 127.1 128.6
922.2 939.2 955.5 972.5
Health care and social assistance.................................
Ambulatory health care services.............................................
Hospitals and nursing and residential care facilities............
Social assistance......................................................................
452.8
389.6
79.8
458.5
399.4
81.3
478.3
394.2
83.4
488.0
402.3
82.6
Arts, entertainment, recreation, accommodation, and food
services.....................................................................
Arts, entertainment, and recreation..............................
486.7
456.5
117.5
485.9
124.8
512.1
131.7
121.6
67.0
54.5
65.9
51.6
68.4
56.3
71.8
59.8
365.1
339.1
361.3
380.5
108.9
256.2
94.2
244.4
104.1
257.2
113.6
267.4
304.9 291.8 294.0 297.7
1,633.6 1,648.4 1,658.7 1,646.5
514.8 533.6 548.9 547.5
486.0
48.1
503.8
45.9
507.8
40.9
1,118.8 1,115.0
1,110.2
1,099.4
26.9
27.5
459.0
55.9
1,033.3 1,036.7 1,029.5 1,017.7
80.4
85.5
78.1
81.5
23.5
40.6
Addenda:
Private goods-producing industries 2..............................................
Private services-producing industries3...........................................
Information-communications-technology-producing industries4
2,450.5 2,310.2 2,377.6 2,391.9
9,020.1 8,718.1 8,950.7 9,166.3
677.7
671.6
748.1
780.3
3. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social assis
tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
4. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
D ecem ber 2012
S urvey
of
33
C u r r e n t B u s in e s s
Table 5. Chain-Type Price Indexes for Value Added by Industry, 2008-2011
[2005=100]
Line
2008
2009
2010
2011
2008
Line
Gross domestic product........................................
? Private industries........................................................
3
Agriculture, forestry, fishing, and hunting...................
108.582 109.529 110.993 113.359
108.447 109.338 110.642 113.194
123.809 97.871 111.507 142.110
50
51
52
Finance, insurance, real estate, rental, and leasing..........
Finance and insurance..............................................
4
5
Farms.......................................................................................
Forestry, fishing, and related activities................................
128.212
110.328
6
7
8
y
Mining.....................................................................
154.799
Securities, commodity contracts, and investments............
Insurance carriers and related activities..............................
Funds, trusts, and other financial vehicles..........................
Oil and gas extraction............................................................
Mining, except oil and gas....................................................
Support activities for mining.................................................
153.623
151.469
167.556
53
54
55
56
57
58
1
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
3(1
31
3?
33
34
3b
36
37
38
39
40
41
42
43
44
45
46
47
48
49
Utilities...................................................................
Construction............................................................
Manufacturing.........................................................
Durable goods...................
Wood products..............
Nonmetallic mineral products...........................................
Primary metals..............
Fabricated metal products................................................
Machinery..........................................................................
Computer and electronic products..................................
Electrical equipment, appliances, and components.....
Motor vehicles, bodies and trailers, and parts...............
Other transportation equipment......................................
Furniture and related products........................................
Miscellaneous manufacturing...........................................
Nondurable goods.................................................................
Food and beverage and tobacco products.....................
Textile mills and textile product mills................................
Apparel and leather and allied products.........................
Paper products..........................
Printing and related support activities............................
Petroleum and coal products....
Chemical products....................
Plastics and rubber products..........................................
Wholesale trade.......................................................
Retail trade..............................................................
Transportation and warehousing................................
96.336
107.321
111.709
114.335
150.835
116.727
85.894 107.397 123.569
64.525
154.180
137.721
91.093
176.379
124.888
106.112
202.854
138.140
115.006 129.853 126.752 129.391
117.216 118.985 116.054 117.802
102.192 106.430 105.413 109.198
94.495
74.733
107.361
143.269
109.142
103.003
70.706
109.623
78.495
103.243
105.584
101.798
112.676
106.010
103.022
99.443
115.635
98.788
123.283
116.271
110.139
98.310
73.513
118.367
83.096
125.128
116.707
68.477
123.723
115.190
109.314
118.141
106.656
117.610
123.424
109.101
101.334
129.040
101.139
95.188
126.297
121.184
95.595
75.603
112.076
107.409
116.158
110.785
65.944
118.679
99.810
108.610
113.549
105.756
118.796
112.256
107.556
99.924
132.578
98.522
122.122
127.322
117.543
93.998
69.617
109.012
124.433
116.372
109.691
62.774
116.714
90.225
109.787
113.911
105.864
130.429
111.647
114.891
101.847
131.673
95.228
177.001
137.446
121.570
105.744 113.478 114.451 117.540
104.873 106.704 103.184 106.518
105.774 112.546 112.450 113.728
Air transportation....................................................................
Rail transportation.................................................................
Water transportation..............................................................
Truck transportation...............................................................
Transit and ground passenger transportation.....................
Pipeline transportation..........................................................
Other transportation and support activities........................
Warehousing and storage....................................................
107.244
129.661
69.618
99.456
106.620
118.835
108.756
108.948
113.986
132.640
65.160
107.936
115.277
131.383
118.050
110.527
117.128
135.980
68.610
103.662
119.596
143.459
118.003
107.623
122.462
147.296
57.161
104.591
124.385
147.079
118.543
104.187
Information..............................................................
97.693
98.225
96.373
96.112
Publishing industries (includes software)...........................
Motion picture and sound recording industries.................
Broadcasting and telecommunications..............................
Information and data processing services.........................
101.926
107.243
94.982
94.597
104.427
108.380
94.773
94.837
100.554
108.337
93.483
92.606
100.092
108.719
93.471
91.166
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social assis
Real estate and rental and leasing..............................
Real e state..............................................................................
Rental and leasing services and lessors of intangible
assets..................................................................................
59
60
61
62
63
Professional and business services...............................
Professional, scientific, and technical services............
64
65
66
67
68
69
70
71
7?
73
74
Management of companies and enterprises.................
Administrative and waste management services..........
/b
/b‘
Legal services........................................................................
Computer systems design and related services.................
Miscellaneous professional, scientific, and technical
services...............................................................................
Administrative and support services....................................
Waste management and remediation services..................
Educational services, health care, and social assistance
Educational services.................................................
Health care and social assistance..............................
Ambulatory health care services..........................................
Hospitals and nursing and residential care facilities..........
Social assistance....................................................................
2009
2010
2011
107.545 107.190 109.654 110.606
106.536 103.124 111.566 112.471
105.098 100.014
124.128 105.750
101.311 105.189
96.256 102.288
115.039
104.141
107.925
128.792
113.119
109.842
110.881
123.464
108.224 109.698 108.472 109.452
108.173
109.930
108.506
109.427
108.629
107.664
108.180
109.682
110.729 111.661 114.238 116.021
111.027 112.305 113.431 114.371
119.227
99.724
123.624
98.702
128.435
96.317
133.977
95.657
111.341
112.380
113.579
113.863
118.783 111.780 124.264 134.789
105.330 110.042 110.535 109.748
105.014 109.757
108.271 112.750
109.968 108.767
115.688 118.551
110.184 114.703 117.299 119.155
117.719 126.019 130.924 135.495
109.126 113.126 115.408 116.902
107.606
110.770
109.679
111.190
115.512
112.395
113.339
117.976
114.554
114.640
119.405
117.479
Arts, entertainment, recreation, accommodation, and food
services................................................................... 110.390 115.090 114.833 115.432
Arts, entertainment, and recreation............................. 108.883 111.130 111.733 112.379
Performing arts, spectator sports, museums, and related
activities...............................................................................
Amusements, gambling, and recreation industries............
//
Accommodation and food services.............................
/H
Accommodation......................................................................
79
Food services and drinking places......................................
80
81
Other services, except government................................
8? Government....................................................................
Federal........................................................................
83
General government..
84
Government enterprises............................................................
85
State and local..........
86
87
General government..
Government enterprises............................................................
88
111.654 114.189
105.597 107.488
115.184
107.602
115.583
108.548
110.893 116.423 115.870 116.452
109.524
111.479
107.284
120.158
104.329
120.549
104.882
121.141
112.406 118.023 121.084 124.255
113.515 116.295 118.566 121.096
112.837 114.868 117.901 120.191
112.783
113.137
113.827
124.205
116.953
126.195
119.540
124.966
113.823 116.956 118.855 121.503
114.227
108.927
116.582
122.099
118.738
120.648
121.396
123.176
Private goods-producing industries1............................................. 111.047 105.928 107.812
Private services-producing industries2........................................ 107.714 110.226 111.376
Information-communications-technology-producing industries3 88.413 87.682 84.913
113.901
112.995
83.005
Addenda:
89
90
91
tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
34
A n n u a l In d u s try A c c o u n ts
D ecem ber 2012
Table 5A. Percent Changes in Chain-Type Price Indexes for Value Added by Industry, 200&-2011
Line
2008
2009
2010
2011
Gross domestic product........................................
P Private industries........................................................
3
Agriculture, forestry, fishing, and hunting...................
2.2
0.9
1.3
2.1
2.4
1.4
0.8
1.2
-20.9
13.9
2.3
27.4
4
5
Farms.......................................................................................
Forestry, fishing, and related activities................................
0.8
3.8
-24.9
-2.7
16.0
6.5
35.0
2.1
6
7
8
y
10
Mining.....................................................................
30.3
-44.5
25.0
15.1
Oil and gas extraction............................................................
Mining, except oil and g as.....................................................
Support activities for m ining.................................................
43.9
15.6
0.9
-58.0
1.8
-17.8
41.2
14.4
-9.3
16.5
15.0
10.6
Utilities...................................................................
Construction............................................................
Manufacturing..
-0.9
-2.4
-2.5
-1.0
2.1
1.9
12.9
1.5
4.1
1.5
3.6
Durable goods
Wood products
Nonmetallic mineral products...........................................
Primary m etals...................................................................
Fabricated metal products................................................
Machinery..........................................................................
Computer and electronic products..................................
Electrical equipment, appliances, and components
Motor vehicles, bodies and trailers, and parts...............
Other transportation equipment......................................
Furniture and related products........................................
Miscellaneous manufacturing.......
Nondurable goods..............................
Food and beverage and tobacco products.....................
Textile mills and textile product mills
Apparel and leather and allied products.........................
Paper products...............................
Printing and related support activities............................
Petroleum and coal products........
Chemical products............................................................
Plastics and rubber products............................................
-2.3
-6.2
-4.7
3.4
5.7
0.8
-10.3
3.1
-8.9
0.3
1.0
-0.2
7.2
17.5
2.7
0.1
4.5
-3.9
-4.8
13.0
2.7
4.0
-1.6
10.3
-42.0
14.6
13.3
-3.2
12.9
46.7
5.9
11.9
4.8
4.4
16.4
5.9
1.9
11.6
2.4
-22.8
8.6
10.0
-2 .8
2.8
-5.3
29.3
-7.2
-5.1
-3.7
-4 A
-13.4
-0.6
-3.9
-0.8
1.0
-9.0
-1.4
-1.4
2.7
-2.6
28.3
0.8
-3.0
-1.7
-7.9
-2.7
15.8
0.2
-1.0
-4.8
-1.7
-9.6
1.1
0.3
0.1
9.8
-0.5
6.8
1.9
-0.7
-3.3
44.9
8.0
3.4
7.3
1.7
6.4
0.9
-3.3
-0.1
2.7
3.2
1
11
12
13
14
15
16
17
18
19
2(J
71
22
23
24
2b
28
2/
28
29
30
31
32
33
34
3b
36
3/
38
39
40
41
42
43
44
45
46
47
48
49
Wholesale trade........................................................
Retail trade..............................................................
Transportation and warehousing................................
0.6
2.0
1.4
1.6
1.1
Air transportation......
Rail transportation....
Water transportation..
Truck transportation..,
Transit and ground passenger transportation.....................
Pipeline transportation..........................................................
Other transportation and support activities........................
Warehousing and storage....................................................
2.6
8.8
-8.6
0.1
1.3
-1.3
1.5
3.6
6.3
2.3
-6.4
8.5
8.1
10.6
8.5
1.4
2.8
2.5
5.3
-4.0
3.7
9.2
0.0
-2.6
4.6
8.3
-16.7
0.9
4.0
2.5
0.5
-3.2
Information..............................................................
-1.5
0.5
-1.9
-0.3
Publishing industries (includes software)...........................
Motion picture and sound recording industries..................
Broadcasting and telecommunications................................
Information and data processing services..........................
0.3
1.1
-2.8
-0.7
2.5
1.1
-0.2
0.3
-3.7
0.0
-1.4
-2.4
-0.5
0.4
0.0
-1.6
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social assis-
Line
50
51
52
53
54
55
5fi
57
58
2008
2.8
2009
2011
3.2
-0.3
-3.2
Federal Reserve banks, credit intermediation, and related
activities...............................................................................
Securities, commodity contracts, and investments.............
Insurance carriers and related activities...............................
Funds, trusts, and other financial vehicles..........................
4.0
9.5
-0.9
4.9
-4.8
-14.8
3.8
6.3
15.0
-1.5
2.6
25.9
-1.7
5.5
2.7
^1.1
Real estate and rental and leasing..............................
Real estate...............................................................................
Rental and leasing services and lessors of intangible
assets...................................................................................
59
60
bl
62
63
Professional and business services................................
Professional, scientific, and technical services.............
64
65
fifi
67
68
69
70
71
7?
73
74
Management of companies and enterprises.................
Administrative and waste management services..........
Administrative and support services....................................
Waste management and remediation services...................
Educational services, health care, and social assistance. ..
Educational services.................................................
Health care and social assistance...............................
Legal services..........................................................................
Computer systems design and related services.................
Miscellaneous professional, scientific, and technical
services................................................................................
Ambulatory health care services...........................................
Hospitals and nursing and residential care facilities...........
Social assistance....................................................................
2.6
2.3
0.9
8.2
0.8
1.4
-1.1
0.9
2.4
1.6
-1.3
0.8
4.5
-0.9
0.5
1.4
2.3
1.6
0.8
1.1
2.0
5.9
-0.8
0.8
1.2
3.7
-1.0
1.0
3.9
-2.4
4.3
-0.7
1.5
0.9
1.1
0.2
0.1
11.2
-0.6
-5.9
4.5
0.4
8.5
-0.7
-1.1
3.9
4.5
4.1
0.2
2.6
-1.1
2.5
2.4
4.6
2.3
3.9
2.1
4.1
7.1
3.7
1.6
2.7
2.1
3.3
4.3
2.5
1.6
2.0
3.5
1.3
1.9
2.1
1.9
1.1
1.2
2.6
Arts, entertainment, recreation, accommodation, and food
4.3
/b
76
2010
Finance, insurance, real estate, rental, and leasing..........
Finance and insurance...............................................
Arts, entertainment, and recreation.............................
2.4
2.1
-0.2
0.5
Performing arts, spectator sports, museums, and related
activities...............................................................................
Amusements, gambling, and recreation industries............
0.6
2.9
1.7
2.3
1.8
0.9
0.1
0.3
0.9
//
/«
Accommodation and food services..............................
79
Accommodation......................................................................
80
Food services and drinking places........................................
Other services, except government.................................
81
82 Government....................................................................
83
Federal.......................
84
General government....
85
Government enterprises..............................................................
86
State and local............
87
General government....................................................................
88
Government enterprises..............................................................
0.5
3.3
5.0
-0.5
0.5
1.6
4.1
-2.0
7.8
-2.8
0.3
0.5
0.5
4.1
3.5
2.4
5.0
2.4
2.5
2.0
0.9
9.8
4.0
1.8
2.8
2.6
2.0
2.6
2.7
1.6
1.6
2.6
2.1
1.9
2.2
-1.0
2.2
4.2
1.4
2.1
12.1
1.8
-1.2
2.2
2.1
4.2
1.9
-3.9
-4.6
2.3
-0.8
1.8
1.0
-3.2
5.6
1.5
-2.2
Addenda:
89
90
91
Private goods-producing industries1.............................................
Private services-producing industries2..........................................
Information-communications-technology-producing industries3
tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
December 2012
35
Survey of Current Business
Table 6. Contributions to Percent Change in Real Gross Domestic Product by Industry, 2008-2011
2008
Line
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
Percent change:
Gross dom estic p ro d u ct.........................................................
Percentage points:
Private in d u s trie s .....................................................................
A griculture, forestry, fish in g, and h u n tin g .....................
Farms..................................................................................
Forestry, fishing, and related activities...........................
M ining.....................................................................................
Oil and gas extraction......................................................
Mining, except oil and gas................................................
Support activities for m ining.............................................
U tilitie s ...................................................................................
C o nstru ctio n .........................................................................
M a nu factu rin g ......................................................................
Durable goods..........
......
Wood products....
......
Nonmetallic mineral products.....................................
Primary metals....
......
Fabricated metal products...........................................
M achinery......................................................................
Computer and electronic products............................
Electrical equipment, appliances, and components
Motor vehicles, bodies and trailers, and parts..........
Other transportation equipment.................................
Furniture and related products...................................
Miscellaneous manufacturing......................................
Nondurable goods.............................................................
Food and beverage and tobacco products...............
Textile mills and textile product m ills.........................
Apparel and leather and allied products...................
Paper products.............................................................
Printing and related support activities.......................
Petroleum and coal products.....................................
Chemical products.......................................................
Plastics and rubber products.....................................
W holesale trade...................................................................
Retail trade............................................................................
Transportation and w a re h o u s in g ...................................
Air transportation..............................................................
Rail transportation............................................................
Water transportation.........................................................
Truck transportation..........................................................
Transit and ground passenger transportation...............
Pipeline transportation....................................................
Other transportation and support activities...................
Warehousing and storage...............................................
In fo rm a tio n ..........................................................................
Publishing industries (includes software)......................
Motion picture and sound recording industries............
Broadcasting and telecommunications.........................
Information and data processing services....................
2009
-0.3
-3.1
-0.87
0.09
0.10
-0.01
-0.08
-0.09
-0.02
0.04
0.08
-0.30
-0.71
-0.10
-0.01
-0.03
0.00
-0.07
-0.01
0.23
0.02
-0.18
-0.01
-0.04
0.01
-0.60
-0.15
0.00
-0.01
-0.07
0.00
0.02
-0.32
-0.08
-0.06
-0.36
0.03
-0.01
0.00
0.02
-0.04
0.01
0.03
0.02
0.00
0.08
-0.08
-0.02
0.15
0.03
-3.35
0.13
0.12
0.01
0.44
0.50
0.00
-0.06
-0.17
-0.55
-1.07
-1.05
-0.03
-0.06
0.01
-0.24
-0.21
0.04
-0.08
-0.38
-0.05
-0.06
0.00
-0.02
0.08
-0.04
-0.01
0.02
-0.04
-0.11
0.08
0.01
-0.79
-0.12
-0.30
-0.03
-0.03
0.00
-0.12
0.00
-0.03
-0.10
0.01
-0.25
-0.11
-0.02
-0.11
-0.01
2010
2011
2.4
1.8
2.35
-0.03
-0.04
0.01
-0.16
-0.23
0.00
0.07
0.19
-0.04
0.75
0.73
0.01
0.01
-0.02
0.07
0.10
0.26
0.00
0.30
-0.01
0.01
0.00
0.02
0.08
0.01
0.00
-0.06
0.00
-0.03
0.00
0.02
0.19
0.42
0.19
0.04
0.00
-0.01
0.07
0.00
0.02
0.06
0.01
0.13
0.09
0.01
0.01
0.02
1.76
-0.17
-0.18
0.01
0.00
-0.05
0.00
0.05
0.05
-0.01
0.28
0.40
0.02
0.01
0.00
0.05
0.11
0.02
0.04
0.13
0.04
0.01
-0.02
-0.11
-0.02
-0.01
0.00
0.00
0.01
-0.08
-0.01
0.00
0.16
0.01
0.14
0.00
0.01
0.02
0.03
0.00
0.02
0.02
0.02
0.25
0.03
0.01
0.18
0.02
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business sen/ices; educational services, health care, and social assis
tance; arts, entertainment, recreation, accommodation, and food sen/ices; and other services, except government.
2008
Line
2009
2010
2011
Finance, insurance, real estate, rental, and leasing............
Finance and insurance...........................................................
Federal Reserve banks, credit intermediation, and
related activities.................................................................
Securities, commodity contracts, and investments...........
Insurance carriers and related activities.............................
Funds, trusts, and other financial vehicles.........................
-0.15
-0.51
0.24
0.60
0.09
-0.18
0.07
-0.05
0.06
-0.39
-0.28
0.10
0.23
0.37
0.20
-0.20
-0.16
0.07
-0.10
0.01
-0.04
-0.08
0.02
0.04
56
57
58
Real estate and rental and leasing......................................
Real estate.............................................................................
Rental and leasing services and lessors of intangible
assets.................................................................................
0.36
0.30
-0.36
-0.25
0.26
0.26
0.12
0.07
0.06
-0.11
0.00
0.05
59
60
61
62
63
0.47
0.38
0.01
0.07
-0.73
-0.46
-0.22
0.04
0.26
0.20
-0.03
0.09
0.59
0.40
-0.02
0.11
64
65
66
67
Professional and business s e rvice s.......................................
Professional, scie n tific, and technical se rv ic e s ..............
Legal services........................................................................
Computer systems design and related services...............
Miscellaneous professional, scientific, and technical
services..............................................................................
Management o f com panies and enterprises.....................
A dm inistrative and waste m anagement service s............
Administrative and support services...................................
Waste management and remediation services.................
0.30
0.04
0.05
0.05
0.01
-0.28
0.00
-0.27
-0.26
-0.01
0.13
-0.09
0.16
0.13
0.02
0.31
-0.01
0.20
0.19
0.00
68
69
70
71
72
73
Educational services, health care, and social assistance
Educational se rvice s..............................................................
Health care and social a ssistan ce ......................................
Ambulatory health care services.........................................
Hospitals and nursing and residential care facilities.........
Social assistance...................................................................
0.35
0.02
0.33
0.17
0.15
0.02
0.17
0.03
0.13
0.04
0.08
0.01
0.11
-0.02
0.13
0.16
-0.04
0.02
0.15
0.01
0.13
0.08
0.07
-0.01
74
A rts, entertainm ent, recreation, accom m odation, and food
-0.20
-0.24
0.24
0.20
75
76
-0.06
-0.03
0.06
0.05
77
78
79
80
81
A rts, entertainm ent, and recreation ....................................
Performing arts, spectator sports, museums, and related
activities..............................................................................
Amusements, gambling, and recreation industries...........
Accom m odation and food se rvice s ....................................
Accommodation.....................................................................
Food services and drinking places.....................................
O ther services, except g overnm ent.........................................
-0.02
-0.04
-0.14
-0.05
-0.09
-0.10
-0.01
-0.02
-0.21
-0.11
-0.09
-0.10
0.02
0.04
0.18
0.07
0.11
0.02
0.03
0.03
0.15
0.07
0.08
0.03
82
83
84
85
86
87
88
G overnm ent........................................................................................
Federal.....................
General government
Government enterprises...........................................................
State and lo c a l......
General government..................................................................
Government enterprises...........................................................
0.22
0.11
0.14
-0.03
0.12
0.10
0.02
0.12
0.15
0.21
-0.06
-0.03
0.03
-0.06
0.09
0.13
0.15
-0.02
-0.04
-0.06
0.02
-0.10
-0.01
0.03
-0.04
-0.09
-0.10
0.01
89
90
91
Addenda:
Private goods-producing industries 1...............................................
Private services-producing industries 2...........................................
Information-communications-technology-producing industries3
-1.00
0.13
0.25
-1.06
-2.29
-0.04
0.51
1.83
0.47
0.11
1.65
0.18
50
51
52
53
54
55
3. Consists of computer and electronic products; publishing industries (indudes software); information and data
processing sen/ices; and computer systems design and related services.
Note. Percentage-point contributions do not sum to the percent change in real gross domestic product because the
contribution of the “Not allocated by industry" line is excluded.
36
Annual Industry Accounts
December 2012
Table 7. Contributions to Percent Change in the Chain-Type Price Index for Gross Domestic Product by Industry, 2008-2011
Line
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
2008
Percent change:
Gross dom estic p ro d u ct.........................................................
Percentage points:
Private in d u s trie s .....................................................................
A griculture, forestry, fish in g, and h u n tin g .....................
Farms..................................................................................
Forestry, fishing, and related activities...........................
M in in g .....................................................................................
Oil and gas extraction........................................................
Mining, except oil and gas................................................
Support activities for mining.............................................
U tilitie s ...................................................................................
C o nstru ctio n .........................................................................
M anufacturing.......................................................................
Durable goods....................
Wood products..............
Nonmetallic mineral products......................................
Primary m etals..............
Fabricated metal products............................................
M achinery......................
Computer and electronic products.............................
Electrical equipment, appliances, and components
Motor vehicles, bodies and trailers, and parts...........
Other transportation equipment..................................
Furniture and related products....................................
Miscellaneous manufacturing......................................
Nondurable goods.............................................................
Food and beverage and tobacco products................
Textile mills and textile product mills...........................
Apparel and leather and allied products.....................
Paper products..............................................................
Printing and related support activities........................
Petroleum and coal products.......................................
Chemical products........................................................
Plastics and rubber products.......................................
W holesale tra d e ....................................................................
Retail tra d e ............................................................................
Transportation and warehousing
Air transportation...............
Rail transportation.............
Water transportation..........
Truck transportation...........
Transit and ground passenger transportation................
Pipeline transportation......................................................
Other transportation and support activities....................
Warehousing and storage................................................
Inform ation............................................................................
Publishing industries (includes software).......................
Motion picture and sound recording industries.............
Broadcasting and telecommunications..........................
Information and data processing services......................
2009
2010
2011
2.2
0.9
1.3
2.1
2.09
0.02
0.01
0.01
0.54
0.49
0.04
0.00
-0.02
0.03
0.22
-0.15
-0.01
-0.01
0.01
0.05
0.01
-0.16
0.01
-0.06
0.00
0.00
0.00
0.37
0.21
0.00
0.00
0.02
-0.01
-0.05
0.19
0.01
0.12
0.08
0.05
0.01
0.02
-0.01
0.00
0.00
0.00
0.01
0.01
-0.07
0.00
0.00
-0.07
0.00
0.72
-0.25
-0.24
-0.01
-1.14
-1.08
0.01
-0.06
0.23
0.06
0.46
0.24
0.00
0.02
-0.18
0.12
0.10
-0.05
0.04
0.09
0.04
0.02
0.03
0.23
0.22
0.01
0.00
0.04
0.01
-0.23
0.13
0.04
0.40
0.10
0.18
0.03
0.01
-0.01
0.07
0.01
0.01
0.06
0.00
0.02
0.02
0.00
-0.01
0.00
1.03
0.14
0.12
0.01
0.38
0.36
0.05
-0.03
-0.05
-0.09
-0.11
-0.16
0.00
-0.01
0.07
-0.06
-0.04
-0.06
-0.01
-0.04
0.00
-0.01
0.00
0.05
-0.15
0.00
0.00
0.01
-0.01
0.20
0.01
-0.01
0.05
-0.21
0.00
0.01
0.01
0.01
-0.03
0.01
0.01
0.00
-0.01
-0.08
-0.04
0.00
-0.03
-0.01
2.00
0.28
0.27
0.00
0.26
0.17
0.05
0.04
0.04
0.05
0.41
-0.10
-0.01
-0.01
0.05
0.00
-0.01
-0.08
-0.01
-0.05
0.01
0.00
0.00
0.51
-0.01
0.01
0.00
0.00
-0.01
0.37
0.13
0.02
0.15
0.19
0.03
0.02
0.02
-0.02
0.01
0.01
0.00
0.00
-0.01
-0.01
0.00
0.00
0.00
-0.01
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social assis
tance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
Line
2008
2009
2010
2011
50
Finance, insurance, real estate, rental, and le a s in g .........
0.58
-0.07
0.48
0.18
51
52
Finance and in su ra n ce ........................................................
Federal Reserve banks, credit intermediation, and
related activities.............................................................
Securities, commodity contracts, and investments........
Insurance carriers and related activities..........................
Funds, trusts, and other financial vehicles......................
Real estate and rental and le a s in g ...................................
Real estate..........................................................................
Rental and leasing services and lessors of intangible
assets...............................................................................
0.24
-0.25
0.63
0.06
0.14
0.11
-0.02
0.02
0.34
0.28
-0.18
-0.18
0.10
0.01
0.18
0.19
0.53
-0.02
0.07
0.05
-0.15
-0.15
-0.06
0.07
0.07
-0.01
0.12
0.10
53
54
55
56
57
58
0.06
-0.01
0.01
0.02
0.14
0.15
0.09
-0.01
0.10
0.09
0.05
-0.01
0.28
0.07
0.05
-0.03
0.19
0.06
0.06
-0.01
64
65
66
67
Professional and business se rv ic e s ....................................
Professional, scientific, and technical se rvice s............
Legal services.....................................................................
Computer systems design and related services............
Miscellaneous professional, scientific, and technical
services............................................................................
Management o f com panies and e n te rp rise s.................
A dm inistrative and waste managem ent se rvice s.........
Administrative and support services................................
Waste management and remediation services..............
0.07
0.00
-0.02
-0.03
0.01
0.05
-0.11
0.13
0.11
0.01
0.05
0.19
0.01
0.01
0.01
0.01
0.15
-0.02
-0.03
0.01
68
69
70
71
72
73
Educational services, health care, and social assistance
Educational s e rv ic e s ...........................................................
Health care and social assistance....................................
Ambulatory health care services......................................
Hospitals and nursing and residential care facilities.......
Social assistance................................................................
0.19
0.05
0.14
0.05
0.08
0.01
0.34
0.08
0.26
0.12
0.13
0.02
0.20
0.04
0.15
0.07
0.07
0.01
0.14
0.04
0.10
0.04
0.04
0.02
74
A rts, entertainm ent, recreation, accom m odation, and
food service s..........................................................................
Arts, entertainm ent, and rec re a tio n .................................
Performing arts, spectator sports, museums, and
related activities..............................................................
Amusements, gambling, and recreation industries........
Accom m odation and food s e rv ic e s .................................
Accommodation..................................................................
Food services and drinking places...................................
O ther services, except govern m e nt.....................................
0.12
0.02
0.16
0.02
-0.01
0.01
0.02
0.01
0.02
0.01
0.10
0.01
0.08
0.10
0.01
0.01
0.14
-0.02
0.15
0.12
0.00
0.00
-0.01
-0.02
0.01
0.06
0.00
0.00
0.01
0.00
0.01
0.06
0.45
0.10
0.09
0.01
0.35
0.34
0.01
0.32
0.08
0.04
0.04
0.25
0.17
0.08
0.27
0.12
0.11
0.01
0.15
0.16
-0.01
0.29
0.09
0.09
0.00
0.20
0.19
0.01
0.80
1.28
-0.17
-0.87
1.58
-0.04
0.31
0.72
-0.14
0.99
1.00
-0.10
59
60
61
62
63
75
76
77
78
79
80
81
G overnm ent......................
F ederal..........................
General government..
Government enterprises........................................................
State and lo c a l.............
General government..
Government enterprises........................................................
Addenda:
Private goods-producing industries 1............................................
89
Private services-producing industries 2.........................................
90
91
Information-communications-technology-producing industries3
82
83
84
85
86
87
88
3. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
Note. Percentage-point contributions do not sum to the percent change in real gross domestic product because the
contribution of the “Not allocated by industry" line is excluded.
37
December 2012
Subject Guide
V olume 9 2 January - D ecember 2 0 1 2
T h is g u id e lis ts th e m a jo r ite m s t h a t w e r e p u b lis h e d in
th e
J a n u a ry -D e c e m b e r 2 0 1 2
is s u e s . I t g iv e s t h e
S urv ey
th e
m o n th
o f th e
p a g e n u m b e r , a n d i t in c lu d e s s e le c te d b o x e s t h a t a re c it e d b y t i t le
B E A B rie fin g s
M o d e r n iz in g
a n d E n h a n c in g B E A ’s I n t e r n a t i o n a l E c o
n o m ic A c c o u n ts : A
of
C u r r e n t B u sin ess
is s u e
a n d
th e
in
b e g in n in g
a n d p a g e n u m b e r.
N IP A
ta b le s 3 .1 8 B a n d 3 . 1 9 - 3 . 2 3
N IP A
ta b le s 2 .9 a n d 7 .2 0 { N o v e m b e r , 6 }
{O c to b e r, 7 }
A c c o u n t in g f o r H o u s e h o ld P r o d u c t io n in
P ro g re s s R e p o r t {M a y , 3 7 }
N a tio n a l A c c o u n ts , 1 9 6 5 - 2 0 1 0
P r o t o t y p e Q u a r t e r ly S t a t is t ic s o n G r o s s D o m e s t ic
th e
{M a y , 2 3 }
A lt e r n a t iv e M e a s u r e s o f P e r s o n a l S a v in g { M a r c h , 2 3 }
P ro d u c t b y In d u s tr y {J u n e , 4 9 }
T e r r it o r ia l E c o n o m ic A c c o u n ts f o r A m e r ic a n
th e C o m m o n w e a lt h o f t h e N o r t h e r n
I s la n d s , G u a m , a n d t h e U .S . V i r g i n
S am oa,
G D P
a n d th e E c o n o m y
A d v a n c e E s tim a te s
M a r ia n a
Is la n d s { N o v e m
F o u rth
Q u a rte r 2 0 1 1
{F e b ru a ry , 1}
F ir s t Q u a r te r 2 0 1 2 { M a y , 1 }
b e r, 2 7 }
S e c o n d Q u a r t e r 2 0 1 2 { J u ly , 1 }
R e s e arc h S p o tlig h ts
T h ir d
A
Q u a rte r 2 0 1 2
{N o v e m b e r, 1}
S e c o n d E s tim a te s
E s tim a te s o f C a te g o r ie s o f P e r s o n a l C o n s u m p t io n
E x p e n d itu r e s A d ju s t e d f o r N e t F o r e ig n T r a v e l
F o u rth Q u a rte r 2 0 1 1
S p e n d in g { A p r i l , 1 3 }
F ir s t Q u a r te r 2 0 1 2 {J u n e , 1 }
P ro to ty p e
B E A /B L S
{M a rc h , 1}
S e c o n d Q u a r te r 2 0 1 2 { S e p te m b e r, 1 }
In d u s tr y - L e v e l P r o d u c tio n
T h ir d
A c c o u n t f o r th e U n it e d S ta te s { N o v e m b e r , 4 4 }
T h ir d
Q u a rte r 2 0 1 2 {D e c e m b e r, 1}
E s tim a te s
N a tio n a l
Fixed assets and consumer durable goods
T h ir d
F o r 2 0 0 8 -2 0 1 1
F ir s t Q u a r t e r 2 0 1 2 { J u ly , 1 }
{S e p te m b e r, 2 1 }
Inventories, sales, and inventory-sales ratios for
manufacturing and trade
T h ir d
Q u a rte r 2 0 1 1
F o u rth
{J a n u a ry , 1}
Q u a rte r 2 0 1 1
{ A p r il, 1 }
S e c o n d Q u a rte r 2 0 1 2
{O c to b e r, 1 }
G o v e r n m e n t R e c e ip ts a n d E x p e n d it u r e s
F o u rth
{J a n u a ry , 6 }
Q u a rte r 2 0 1 1
Q u a rte r 2 0 1 1
F o u rth
Q u a rte r 2 0 1 1
{ A p r il, 6 }
F ir s t Q u a r te r 2 0 1 2 {J u n e , 1 1 }
{ A p r il, 9 }
F ir s t Q u a r t e r 2 0 1 2 { J u ly , 6 }
S e c o n d Q u a rte r 2 0 1 2
S e c o n d Q u a rte r 2 0 1 2
T h ir d
{O c to b e r, 1 1 }
Q u a rte r 2 0 1 2
{S e p te m b e r, 1 1 }
{D e c e m b e r, 1 1 }
National income and product accounts (NIPAs)
H e a lt h C a r e S a t e llite A c c o u n t { J u n e , 3 4 }
A n n u a l R e v is io n
R e t u r n s f o r D o m e s t i c N o n f i n a n c i a l B u s in e s s { J u n e , 1 4 }
A n n u a l E s tim a te s f o r 2 0 0 9 - 2 0 1 1
m a te s f o r F ir s t Q u a r te r 2 0 0 9 to
2 01 2
G D P
a n d Q u a r te r ly E s ti
U p d a te d S u m m a ry o f N IP A
{A u g u s t, 6 }
a n d O th e r M a jo r N IP A
{A u g u s t, 1 8 3 }
N IP A
{M a rc h , 1 1}
N I P A E s tim a te s o f t h e F e d e r a l S e c to r a n d t h e F e d e r a l
T a b le s
ta b le s 3 . 1 5 . 1 - 3 . 1 5 . 6 , 3 .1 6 , 3 .1 7 , a n d 7 .1 5
te m b e r, 1 4 }
M e th o d o lo g ie s { N o v e m
NIPA translation of the federal budget
F o r F is c a l Y e a r 2 0 1 3
T a b le s { A u g u s t , 3 2 }
N e w ly A v a ila b le N I P A
t h e S t a t is t ic a l D is
b e r, 8 }
S e r ie s
F o r 1 9 2 9 to th e S e c o n d Q u a r te r 2 0 1 2
N IP A
T h e R o le o f P r o f it s a n d I n c o m e in
c re p a n c y {F e b ru a ry , 8 }
F ir s t Q u a r te r
{S e p
B u d g e t E s tim a te s
[b o x , 1 3 ]
38
Subject Guide 2012
December 2012
U.S. international transactions
Industry
Industry accounts
A n n u a l E s tim a te s , 2 0 1 1
A n n u a l In d u s tr y A c c o u n ts
H o w
A d v a n c e S t a t is t ic s o n G D P
b y In d u s try fo r 2 0 1 1
{ A p r il, 3 0 }
B E A A lig n s a n d A u g m e n t s S o u r c e D a ta F r o m
U .S . T r e a s u r y D e p a r t m e n t f o r I n c lu s io n in
{M a y , 6 }
n a t io n a l T r a n s a c t io n s A c c o u n t s
R e v is e d S ta tis t ic s f o r 2 0 0 9 - 2 0 1 1
{D e c e m b e r, 1 4 }
Travel and tourism satellite accounts
F o r 2 0 0 3 -2 0 1 1
A n
{J a n u a ry , 4 4 }
Q u a r t e r ly E s tim a te s
T h ir d
In te rn a tio n a l
A n A n a ly s is o f R e v is io n s t o
th e In te r
{ J u ly , 4 7 }
O w n e r s h ip - B a s e d F r a m e w o r k o f th e U .S . C u r r e n t
A c c o u n t fo r 1 9 9 9 -2 0 1 0
{J u n e , 1 9 }
th e
Q u a rte r 2 0 1 1
F o u rth
B E A ’s I n t e r n a t i o n a l E c o
{J a n u a ry , 1 0 }
Q u a rte r 2 0 1 1
{ A p r il, 2 2 }
F ir s t Q u a r t e r 2 0 1 2 { J u ly , 5 0 }
S e c o n d Q u a rte r 2 0 1 2
n o m ic A c c o u n ts { N o v e m b e r , 7 6 }
{O c to b e r, 6 0 }
Direct investment positions
C o u n t r y a n d In d u s tr y D e ta il f o r 2 0 1 1
{ J u ly , 1 9 }
D e t a ile d H is t o r ic a l- C o s t P o s it io n s a n d R e la te d F in a n
c ia l a n d I n c o m e F lo w s f o r 2 0 0 9 - 2 0 1 1
{S e p te m b e r,
R e g io n a l
Gross domestic product by state
A d v a n c e S t a t is t ic s f o r 2 0 1 1
1 9 9 7 -2 0 1 0
28}
Foreign direct investment in the United States
O p e r a t io n s o f U .S . A f f ilia t e s o f F o r e ig n C o m p a n ie s in
U.S. direct investment abroad
O p e r a tio n s o f U .S . M u lt in a t io n a l C o m p a n ie s in
F o r
{N o v e m b e r, 5 1 }
{M a y , 5 1 }
F o r 2 0 0 6 -2 0 1 0
{A u g u s t, 2 2 9 }
C o u n t y C o m p e n s a tio n b y I n d u s t r y f o r 2 0 1 0
{J a n u a ry , 5 2 }
{ J u ly , 9 }
S ta te P e r s o n a l In c o m e
U.S. international accounts
A n n u a l R e v is io n
2 01 0
Regional quarterly reports
U.S. international investment position
Y e a re n d 2 0 1 1
Local area personal income
Regional price parities for states and metropolitan
areas
2 0 1 0 {A u g u s t, 2 1 3 }
2 01 0
a n d R e v is e d S t a t is t ic s f o r
{ J u ly , 1 0 1 }
A n n u a l E s tim a te s
{ J u ly , 3 5 }
F o r 2011
I n t e r n a t io n a l T r a n s a c t io n s a n d P o s it io n s i n
{ A p r il, 6 1 }
F in a n c ia l
Q u a r t e r ly E s tim a te s
D e r iv a t iv e s { J u ly , 9 8 }
T h ir d
U.S. international services
F o u rth
P r o f ile o f U .S . E x p o r t e r s a n d I m p o r t e r s o f S e r v ic e s
T h r o u g h A ffilia te s in
{J a n u a ry , 4 8 }
Q u a rte r 2 0 1 1
F ir s t Q u a r te r 2 0 1 2
{J u n e , 6 6 }
C ro s s -B o rd e r T ra d e in
Q u a rte r 2 0 1 1
S e c o n d Q u a rte r 2 0 1 2
2011
2 01 0
a n d S e r v ic e s S u p p lie d
A n
E x a m in a tio n
{ A p r il, 5 8 }
{ J u ly , 1 3 2 }
{O c to b e r, 9 4 }
o f R e v is io n s t o
th e Q u a r t e r ly E s ti
{O c to b e r, 1 5 }
m a te s o f S ta te P e r s o n a l I n c o m e
{A u g u s t, 2 4 3 }
39
December 2012
S c h e d u l e o f B E A N e w s R e l e a s e s in 2 0 1 3
U.S. International Trade in Goods and Services, November 2012*.....................................................................................Jan. 11
Gross Domestic Product, 4th quarter 2012 and 2012 (advance estimate).......................................................................... Jan. 30
Personal Income and Outlays, December 2012.................................................................................................................... Jan. 31
U.S. International Trade in Goods and Services, December 2012*.................................................... .................................. Feb. 8
Gross Domestic Product by Metropolitan Area, 2011 and 2001-2010 (revised estimates)..............................................Feb. 22
Gross Domestic Product, 4th quarter 2012 and 2012 (second estimate).............................................................................Feb. 28
Personal Income and Outlays, January 2013...................................................................................................................... March 1
U.S. International Trade in Goods and Services, January 2013*.......................................................................................March 7
U.S. International Transactions, 4th quarter 2012 and 2012.............................................................................................March 14
Travel and Tourism Satellite Accounts, 4thquarter 2012 and 2012..................................................................................March 20
U.S. International Investment Position, 4th quarter 2012................................................................................................. March 26
State Quarterly Personal Income, 1st quarter 2009-4th quarter 2012 and
State Annual Personal Income, 2012 (preliminary estimates)....................................................................................March 27
Gross Domestic Product, 4th quarter 2012 and 2012 (third estimate) and
Corporate Profits, 4th quarter 2012 and 2012 ............................................................................................................. March 28
Personal Income and Outlays, February 2013.................................................................................................................. March 29
U.S. International Trade in Goods and Services, February 2013*.......................................................................................April 5
Summary Estimates for Multinational Companies, 2011.................................................................................................. April 18
Advance Gross Domestic Product by Industry, 2012......................................................................................................... April 25
Gross Domestic Product, 1st quarter 2013 (advance estimate)..........................................................................................April 26
Personal Income and Outlays, March 2013........................................................................................................................ April 29
U.S. International Trade in Goods and Services, March 2013*............................................................................................May 2
Gross Domestic Product, 1st quarter 2013 (second estimate) and
Corporate Profits, 1st quarter 2013 (preliminary estimate)...........................................................................................May 30
Personal Income and Outlays, April 2013............................................................................................................................ May 31
U.S. International Trade in Goods and Services, April 2013*...............................................................................................June 4
U.S. International Trade in Goods and Services Annual Revision, 2012*........................................................................... June 4
Gross Domestic Product by State, 2012 (advance estimate) and
2009-2011 (revised estimates)...........................................................................................................................................June 6
Personal Income Adjusted by Regional Price Parities by State and Metropolitan Area, 2007-2011...............................June 12
U.S. International Transactions, 1st quarter 2013................................................................................................................ June 14
Travel and Tourism Satellite Accounts, 1st quarter 2013..................................................................................................... June 24
U.S. International Investment Position, 1st quarter 2013 and 2012....................................................................................June 25
Gross Domestic Product, 1st quarter 2013 (third estimate) and
Corporate Profits, 1st quarter 2013 (revised estimate)................................................................................................... June 26
Personal Income and Outlays, May 2013..............................................................................................................................June 27
State Quarterly Personal Income, 1st quarter 2012—1st quarter 2013..................................................................................June 28
U.S. International Trade in Goods and Services, May 2013*................................................................................................. July 3
Gross Domestic Product, 2nd quarter 2013 (advance estimate) and Comprehensive Revision
of the National Income and Product Accounts, 1929-1st quarter 2013........................................................................July 31
Personal Income and Outlays, June 2013...............................................................................................................................Aug. 2
US. International Trade in Goods and Services, June 2013*................................................................................................ Aug. 6
Gross Domestic Product, 2nd quarter 2013 (second estimate) and
Corporate Profits, 2nd quarter 2013 (preliminary estimate)..........................................................................................Aug. 29
Personal Income and Outlays, July 2013...............................................................................................................................Aug. 30
40
Schedule of News Releases in 2013
December 2012
U.S. International Trade in Goods and Services, luly 2013*................................................................................................. Sept. 4
U.S. International Transactions, 2nd quarter 2013............................................................................................................... Sept. 19
Travel and Tourism Satellite Accounts, 2nd quarter 2013.................................................................................................... Sept. 20
U.S. International Investment Position, 2nd quarter 2013................................................................................................... Sept. 24
Gross Domestic Product, 2nd quarter 2013 (third estimate) and
Corporate Profits 2nd quarter 2013 (revised estimate)................................................................................................... Sept. 26
Personal Income and Outlays, August 2013.........................................................................................................................Sept. 27
State Quarterly Personal Income, 1st quarter 2001-2nd quarter 2013 and
State Annual Personal Income, 2001-2012 (benchmark estimates).............................................................................Sept. 30
U.S. International Trade in Goods and Services, August 2013*............................................................................................. Oct. 8
Gross Domestic Product, 3rd quarter 2013 (advance estimate)...........................................................................................Oct. 30
Personal Income and Outlays, September 2013................................................................................................................... Oct. 31
U.S. International Trade in Goods and Services, September 2013*.....................................................................................Nov. 5
Local Area Personal Income, 2001-2012 (benchmark estimates).......................................................................................Nov. 21
Gross Domestic Product, 3rdquarter 2013 (second estimate) and
Corporate Profits, 3rd quarter 2013 (preliminary estimate)........................................................................................... Nov. 26
Personal Income and Outlays, October 2013.......................................................................................................................Nov. 27
U.S. International Trade in Goods and Services, October 2013*......................................................................................... Dec. 4
U.S. International Transactions, 3rd quarter 2013.................................................................................................................Dec. 17
Travel and Tourism Satellite Accounts, 3rd quarter 2013..................................................................................................... Dec. 18
State Quarterly Personal Income, 1st quarter 2013-3rd quarter 2013.................................................................................Dec. 19
Gross Domestic Product, 3rd quarter 2013 (third estimate) and
Corporate Profits, 3rd quarter 2013 (revised estimate)................................................................................................... Dec. 20
Personal Income and Outlays, November 2013...................................................................................................................Dec. 23
U.S. International Investment Position, 3rd quarter 2013................ .................................................................................. Dec. 30
All releases are scheduled for 8:30 a.m.
*Ioint release by the Census Bureau and the Bureau of Economic Analysis
D-1
December 2012
BEA Current and Historical Data
A
s e le c tio n o f e s tim a te s f r o m
th e n a t io n a l, in d u s t r y , in t e r n a t io n a l, a n d r e g io n a l a c c o u n ts o f th e B u r e a u o f E c o n o m ic
A n a l y s i s ( B E A ) a r e p r e s e n t e d i n t h i s s e c t io n . B E A ’s e s t im a t e s a r e n o t c o p y r i g h t e d a n d m a y b e r e p r i n t e d w i t h o u t B E A ’s
p e r m is s io n . C it in g th e
M o re
S urvey
of
d e t a ile d e s tim a te s f r o m
a v a ila b le i n
C u rren t B usiness
a n d B E A a s t h e s o u r c e is a p p r e c ia t e d .
B E A ’s a c c o u n t s a r e a v a ila b le o n
a v a r ie ty o f fo r m a ts . I n
B E A ’s W e b
s ite a t w w w . b e a . g o v . T h e s e e s tim a te s a re
a d d i t i o n , n e w s r e le a s e s , a r t ic le s , a n d o t h e r i n f o r m a t i o n , i n c l u d i n g m e t h o d o l o g i e s
a n d w o r k i n g p a p e r s , a r e a v a ila b le .
T h e ta b le s p r e s e n t a n n u a l [ A ] , q u a r t e r ly [ Q ] , a n d m o n t h ly [ M ] d a ta .
N ational 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 -2 7
4. Foreign transactions...............................................D-38
5. Saving and investment...........................................D-42
6. Income and employment by industry.................. D-49
7. Supplemental tables................................................D-50
B. NIPA-related table
B.l Personal income and its disposition [A, M ] ...... D-54
C. Historical m easures [A, Q]
C.l GDP and other major NIPA aggregates............. D-55
D. Charts
Selected NIPA series...................................................D-59
Industry Data
E. Industry table
E. 1 Value added by industry [A]................................D-65
Intern atio nal Data
F. Transactions tables
F.1 U.S. international transactions in goods
and services [A, M ] ...........................................D-66
F.2 U.S. international transactions [A, Q ]................ D-67
F.3 U.S. international transactions by area [Q ]........ D-68
F.4 Private services transactions [A]..........................D-71
G. Investm ent tables [A]
G.l U.S. international investment position............. D-72
G.2 USDIA: Selected items........................................D-73
G.3 Selected financial and operating data of foreign
affiliates of U.S. companies............................D-74
G.4 FDIUS: Selected items.........................................D-75
G.5 Selected financial and operating data of U.S.
affiliates of foreign companies...................... D-76
H. Charts
The United States in the international economy..... D-77
R e g io n a l D a ta
I. State and regional tables
1.1 Personal income [Q ] .............................................D-78
1.2 Personal income and per capita
personal income [A]..........................................D-79
1.3 Disposable personal income and per capita
disposable personal income [A ]...................... D-80
1.4 Gross domestic product by state [A]................... D-81
J. Local area tables
J. 1 Personal income and per capita personal income
by metropolitan area [A ]..................................D—82
J.2 Gross domestic product by metropolitan area
for industries [A]...............................................D-87
K. Charts
Selected regional estimates.........................................D-91
A p p e n d ix e s
A. Additional information about the NIPA estimates
Statistical conventions................................................D-93
Reconciliation table [A, Q ] ........................................D-94
B. Suggested reading...............................................D-95
D-2
December 2012
N a tio n a l D a ta
A. S elected NIPA Tables
T h e
s e le c te d
s e t o f N IP A
c o m p o n e n ts , w h ic h
th ir d
ta b le s
p re s e n ts
w e r e r e le a s e d o n
th e
m o s t r e c e n t e s tim a te s
o f g ro s s
d o m e s tic
N o v e m b e r 2 9 , 2 0 1 2 . T h e s e e s tim a te s in c lu d e
th e
p ro d u c t (G D P )
a n d
its
s e c o n d e s tim a te s f o r t h e
q u a r t e r o f 2 0 1 2 . A ls o i n c l u d e d a r e r e v is e d e s t im a t e s o f w a g e s a n d s a la r ie s a n d o f a f f e c t e d i n c o m e - s id e s e r ie s
f o r th e s e c o n d q u a r te r o f 2 0 1 2 .
T h e
s e le c te d
s e t p re s e n ts
q u a r te r ly
e s tim a te s
m o s t o f t h e ta b le s . E s tim a te s f o r a ll N I P A
T h e G D P
t if ic a t io n
th a t a re
u p d a te d
n e w s r e le a s e is a v a ila b le o n B E A ’s W e b s it e w i t h i n
o f th e
r e le a s e , g o
to
m o n t h ly . A n n u a l e s tim a te s
a re
p re s e n te d
in
s e r ie s f o r 1 9 2 9 f o r w a r d a r e o n B E A ’s W e b s i t e a t w w w . b e a . g o v .
w w w .b e a .g o v a n d
m i n u t e s a f t e r t h e r e le a s e . T o r e c e iv e a n e - m a i l n o
s u b s c r ib e . T h e
“ S e le c t e d N I P A
T a b le s ”
a re
a v a ila b le
la te r th a t
day.
1. Dom estic 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
2010
2011
2011
III
G ross dom estic p ro d u ct........
Personal consum ption
expen d itu res.................................
Goods..............................................
Durable goods............................
Nondurable goods.....................
S ervices..........................................
Gross private dom estic
investm ent.....................................
Fixed investment.............................
Nonresidential............................
Structures...............................
Equipment and software.......
Residential..................................
Change in private inventories.......
Net e xports o f goods and services
Exports............................................
Goods..........................................
Services.....................................
Im ports............................................
Goods..........................................
S ervices.....................................
Government consum ption
expenditures and gross
investm ent.....................................
Federal............................................
National defense........................
Nondefense................................
State and local................................
Addendum :
Gross domestic product, current
dollars..........................................
Seasonally adjusted at annual rates
2012
IV
I
Line
2010
2011
III
II
2011
III
1
2.4
1.8
1.3
4.1
2.0
1.3
2.7
2
3
4
5
6
1.8
3.6
6.2
2.3
1.0
2.5
3.8
7.2
2.3
1.9
1.7
1.4
5.4
-0.4
1.8
2.0
5.4
13.9
1.8
0.3
2.4
4.7
11.5
1.6
1.3
1.5
0.3
-0.2
0.6
2.1
1.4
3.5
8.7
1.1
0.3
7
8
9
10
11
12
13
14
15
16
17
18
19
20
13.7
-0.2
0.7
-15.6
8.9
-3.7
5.2
6.6
8.6
2.7
11.0
-1.4
5.9
15.5
19.0
20.7
18.3
1.4
33.9
10.0
9.5
11.5
8.8
12.1
6.1
9.8
7.5
12.9
5.4
20.5
0.7
4.5
3.6
0.6
4.8
8.5
6.7
0.7
-2.2
-1.1
-2.7
14.2
11.1
14.3
4.7
12.5
14.9
2.5
6.7
7.2
5.6
4.8
5.2
2.8
6.1
6.2
6.1
4.7
2.9
13.8
1.4
6.0
-8.8
4.9
6.3
-1.7
4.4
4.0
5.2
3.1
2.0
9.0
5.3
7.0
1.1
2.8
2.9
2.3
0.2
3.2
0.1
-1.0
5.9
21
22
23
24
25
0.6
4.5
3.0
7.7
-1.8
-3.1
-2.8
-2.6
-3.1
-3.4
-2.9
-4.3
2.6
-17.4
-2.0
-2.2
-4.4
-10.6
10.2
-0.7
-3.0
-4.2
-7.1
1.8
-2.2
-0.7
-0.2
-0.2
-0.4
-1.0
3.5
9.5
12.9
3.0
-0.4
26
3.8
4.0
4.3
4.2
4.2
2.8
5.5
Percent change at annual rate:
G ross dom estic p ro d u c t........
Percentage points at annual rates:
Personal consum ption
exp en d itu res.................................
Goods..............................................
Durable goods............................
Nondurable goods.....................
Services...........................................
G ross private dom estic
investm ent.....................................
Fixed investment.............................
Nonresidential............................
Structures...............................
Equipment and software.......
Residential..................................
Change in private inventories.......
Net exports of goods and services
Exports............................................
Goods..........................................
Services......................................
Imports.............................................
Goods..........................................
Services.......................................
G overnment consum ption
expenditures and gross
investm ent.....................................
Federal.............................................
National defense........................
Nondefense................................
State and local................................
2012
IV
I
II
III
1
2.4
1.8
1.3
4.1
2.0
1.3
2.7
2
3
4
5
6
1.28
0.82
0.45
0.37
0.46
1.79
0.89
0.53
0.36
0.90
1.18
0.33
0.40
-0.06
0.85
1.45
1.29
1.00
0.29
0.16
1.72
1.11
0.85
0.26
0.61
1.06
0.08
-0.02
0.10
0.99
0.99
0.83
0.64
0.18
0.16
7
8
9
10
11
12
13
14
15
16
17
18
19
20
1.50
-0.03
0.07
-0.50
0.56
-0.09
1.52
-0.52
1.29
1.11
0.18
-1.81
-1.74
-0.07
0.62
0.76
0.80
0.07
0.72
-0.03
-0.14
0.07
0.87
0.65
0.22
-0.80
-0.72
-0.08
0.68
1.75
1.71
0.51
1.20
0.03
-1.07
0.02
0.83
0.59
0.25
-0.81
-0.43
-0.38
3.72
1.19
0.93
0.31
0.62
0.26
2.53
-0.64
0.21
0.58
-0.38
-0.85
-0.90
0.05
0.78
1.18
0.74
0.35
0.39
0.43
-0.39
0.06
0.60
0.39
0.21
-0.54
-0.29
-0.25
0.09
0.56
0.36
0.02
0.35
0.19
-0.46
0.23
0.72
0.67
0.05
-0.49
-0.42
-0.07
0.86
0.10
-0.23
-0.03
-0.20
0.32
0.77
0.14
0.16
0.03
0.13
-0.02
0.15
-0.17
21
22
23
24
25
0.14
0.37
0.17
0.20
-0.23
-0.67
-0.23
-0.15
-0.09
-0.43
-0.60
-0.36
0.15
-0.51
-0.24
-0.43
-0.35
-0.60
0.25
-0.08
-0.60
-0.34
-0.39
0.05
-0.26
-0.14
-0.02
-0.01
-0.01
-0.12
0.67
0.71
0.64
0.08
-0.04
D-3
Survey of Current Business
December 2012
Table 1.1.3. Real Gross Domestic Product, Quantity Indexes
Table 1.1.4. Price Indexes for Gross Domestic Product
[Index numbers, 2005=100]
[Index numbers, 2005=100]
Seasonally adjusted
Seasonally adjusted
Line
2010
2011
2011
III
Gross dom estic product
Personal consum ption
e xpenditures........................
Goods.....................................
Durable goods...................
Nondurable goods............
Services.................................
G ross private dom estic
investm ent.............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment and software
Residential.........................
Change in private inventories
Net e xports o f goods and
s e rvice s...........
Exports
Goods.................................
Services............................
Imports
Goods
S ervices............................
G overnm ent consum ption
expenditures and gross
investm ent............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
2012
IV
1 103.486 105.356 105.418 106.481
2
3
4
5
6
Line
I
II
III
106.999
107.333
108.042
104.460 107.103 107.251 107.790 108.443 108.849 109.228
104.304 108.263 108.021 109.462 110.722 110.812 111.768
104.887 112.395 112.038 115.736 118.937 118.866 121.366
103.888 106.236 106.045 106.510 106.938 107.096 107.397
104.554 106.543 106.886 106.970 107.318 107.882 107.975
80.284
80.311
102.288
90.733
107.473
42.268
79.906
81.835
104.746
93.866
109.637
42.139
85.959
83.807
107.156
96.449
111.972
43.361
87.241
85.785
109.108
99.421
113.460
45.433
87.394
86.724
110.065
99.560
114.790
46.364
88.813
86.879
109.446
99.290
114.011
47.931
14
15
16
17
18
19
20
127.623 136.152
128.479 137.695
125.805 132.793
102.832 107.746
101.309 106.561
111.507 114.630
137.379
138.516
134.954
108.037
106.491
116.906
137.871
140.559
131.896
109.345
108.122
116.402
139.356
141.961
133.573
110.179
108.652
118.950
141.152
144.389
133.940
110.936
109.422
119.637
141.540
144.474
135.012
110.966
109.146
121.356
21
22
23
24
25
109.955 106.497 106.189 105.604 104.804 104.622 105.519
122.883 119.480 119.351 118.024 116.751 116.685 119.366
121.829 118.683 120.496 117.163 115.031 114.987 118.528
125.049 121.114 116.929 119.792 120.317 120.205 121.082
102.711
99.224 98.818 98.643 98.103 97.858 97.772
1
8
9
10
11
12
n
76.327
75.326
94.148
88.308
96.822
42.862
2010
2011
2011
2012
III
G ross d om estic product
Personal consum ption
e xp e n d itu re s........................
G oods.....................................
Durable goods...................
Nondurable goods............
Services..................................
Gross private dom estic
investm ent............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment and software
Residential.........................
Change in private inventories
Net exports o f goods and
Exports
G oods.................................
Services..............................
Imports.
Goods.................................
Services..............................
G overnment consum ption
expenditures and gross
investm ent............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
IV
1 111.002 113.369 113.937 114.041
I
II
2
3
4
5
6
111.087
104.852
91.611
112.622
114.418
113.790 114.293 114.593 115.300 115.496
108.822 109.633 109.569 110.256 109.743
90.799 90.960 90.381
90.157 89.888
119.430 120.626 120.879 122.136 121.472
116.435 116.772 117.270 117.989 118.576
115.954
110.258
89.358
122.654
119.002
I
104.854
105.023
105.514
121.158
99.806
102.520
106.439
106.680
107.359
126.850
100.445
103.406
106.686 107.013 107.292
106.992 107.352 107.661
107.687 108.092 108.562
127.882 129.302 130.167
100.562 100.656 101.001
103.650 103.812 103.439
107.647
107.977
108.878
131.198
101.094
103.754
107.783
108.293
109.089
131.533
101.265
104.492
14
15
16
17
18
19
20
110.738
109.828
112.740
112.989
112.520
114.714
117.860 118.992 117.839
118.182 119.393 117.920
116.972 117.910 117.520
121.851 122.466 122.463
122.482 123.143 123.328
118.126 118.532 117.614
118.652
118.617
118.609
124.156
125.262
118.117
118.802
118.511
119.385
122.942
123.743
118.399
118.953
118.778
119.251
120.897
121.333
118.131
21
22
23
24
25
117.334
113.583
113.951
112.843
119.579
121.233 121.898 121.903
116.721 117.365 117.111
117.411 118.047 117.780
115.337 115.994 115.764
124.001 124.678 124.866
122.979
118.038
119.008
116.096
126.042
123.157
118.403
119.268
116.664
126.089
123.568
118.670
119.528
116.946
126.601
8
9
10
11
12
n
Table 1.1.5. Gross Domestic Product
Table 1.1.6. Real Gross Domestic Product, Chained Dollars
[Billions of dollars]
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Gross dom estic product
Personal consum ption
e xp en d itu res........................
Goods.....................................
Durable goods...................
Nondurable goods............
S ervices.................................
G ross private dom estic
investm ent............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment and software
Residential.........................
Change in private inventories
Net exports o f goods and
s e rvice s.................................
Exports...................................
G oods.................................
S ervices............................
Im ports...................................
Goods.................................
Services............................
G overnm ent consum ption
expenditures and gross
investm ent............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
Line
2012
IV
I
II
2010
2011
2 10,215.7 10,729.0 10,791.2 10,873.8 11,007.2 11,067.2 11,149.8
3 3,364.9 3,624.8 3,643.6 3,690.0 3,755.9 3,741.5 3,791.4
4 1,079.4 1,146.4 1,144.8 1,175.1 1,204.6 1,200.3 1,218.3
5 2,285.5 2,478.4 2,498.7 2,515.0 2,551.3 2,541.2 2,573.1
6 6,850.9 7,104.2 7,147.6 7,183.8 7,251.3 7,325.7 7,358.3
7
8
9
10
11
12
13
1,737.3
1,679.0
1,338.4
376.3
962.1
340.6
58.4
1,854.9
1,818.3
1,479.6
404.8
1,074.7
338.7
36.6
1,853.8
1,857.8
1,519.4
421.8
1,097.6
338.5
^ .1
1,991.1
1,909.0
1,560.1
438.2
1,122.0
348.8
82.1
2,032.2
1,959.7
1,595.5
454.7
1,140.8
364.2
72.6
2,041.7
1,986.9
1,614.1
458.9
1,155.2
372.8
54.8
2,080.4
1,996.3
1,608.2
458.8
1,149.3
388.1
84.1
14
15
16
17
18
19
20
-511.6
1,844.4
1,278.5
565.9
2,356.1
1,947.0
409.1
-568.1
2,094.2
1,474.5
619.7
2,662.3
2,229.2
433.0
-549.5
2,133.3
1,498.5
634.8
2,682.8
2,239.6
443.2
-594.8
2,120.3
1,501.9
618.4
2,715.1
2,277.3
437.8
-615.8
2,157.9
1,525.8
632.1
2,773.7
2,324.3
449.3
-576.9
2,188.5
1,550.5
637.9
2,765.4
2,312.4
453.0
-522.9
2,197.3
1,554.9
642.3
2,720.1
2,261.7
458.5
21
22
23
24
25
3,057.5
1,223.1
817.7
405.3
1,834.4
3,059.8
1,222.1
820.8
401.3
1,837.7
3,067.7
1,227.5
837.8
389.7
1,840.2
3,051.0
1,211.2
812.8
398.4
1,839.7
3,054.6
1,207.7
806.4
401.3
1,846.9
3,053.7
1,210.7
807.8
402.9
1,843.0
3,090.1
1,241.3
834.5
406.8
1,848.8
Gross dom estic product
Personal consum ption
e xp e n d itu re s........................
G oods.....................................
Durable g oods...................
Nondurable g oods............
Services..................................
Gross private dom estic
investm ent............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment and software
Residential.........................
Change in private inventories
Net e xports o f goods and
se rv ic e s .................................
Exports
Goods.................................
Services..............................
Imports.
Goods.................................
Services..............................
G overnment consum ption
expenditures and gross
investm ent............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
Residual......................................
2012
2011
III
III
1 14,498.9 15,075.7 15,163.2 15,321.0 15,478.3 15,585.6 15,797.4
III
114.608 115.050 115.827
IV
I
II
III
1 13,063.0 13,299.1 13,306.9 13,441.0 13,506.4 13,548.5 13,638.1
2
3
4
5
6
9,196.2
3,209.1
1,178.3
2,029.3
5,987.6
9,428.8
3,331.0
1,262.6
2,075.2
6,101.5
9,441.9
3,323.5
1,258.6
2,071.4
6,121.1
9,489.3
3,367.9
1,300.1
2,080.5
6,126.0
9,546.8
3,406.6
1,336.1
2,088.9
6,145.9
9,582.5
3,409.4
1,335.3
2,092.0
6,178.2
9,615.9
3,438.8
1,363.4
2,097.9
6,183.5
7
8
9
10
11
12
13
1,658.0
1,598.7
1,268.5
310.6
963.9
332.2
50.9
1,744.0
1,704.5
1,378.2
319.2
1,070.0
327.6
31.0
1,735.8
1,736.8
1,411.3
330.2
1,091.5
326.6
-4.3
1,867.3
1,778.7
1,443.7
339.3
1,114.8
336.0
70.5
1,895.1
1,820.6
1,470.0
349.7
1,129.6
352.1
56.9
1,898.4
1,840.6
1,482.9
350.2
1,142.8
359.3
41.4
1,929.3
1,843.9
1,474.6
349.3
1,135.1
371.5
61.3
14
15
16
17
18
19
20
-419.7
1,665.6
1,164.1
501.9
2,085.2
1,730.3
356.6
-408.0
1,776.9
1,247.6
529.8
2,184.9
1,820.0
366.6
-397.9
1,792.9
1,255.1
538.4
2,190.8
1,818.8
373.9
-418.0
1,799.3
1,273.6
526.2
2,217.3
1,846.7
372.3
-415.5
1,818.7
1,286.3
532.9
2,234.2
1,855.8
380.4
-407.4
1,842.1
1,308.3
534.4
2,249.6
1,868.9
382.6
-403.0
1,847.2
1,309.1
538.7
2,250.2
1,864.2
388.1
21
22
23
24
25
26
2,605.8
1,076.8
717.6
359.2
1,534.1
20.2
2,523.9
1,047.0
699.1
347.9
1,482.0
-7.8
2,516.6
1,045.9
709.8
335.9
1,475.9
-10.6
2,502.7
1,034.2
690.1
344.1
1,473.3
-14.5
2,483.7
1,023.1
677.6
345.6
1,465.3
-24.3
2,479.4
1,022.5
677.3
345.3
1,461.6
-26.1
2,500.7
1,046.0
698.2
347.8
1,460.3
-25.7
N ote. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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.
D-4
National Data
Table 1.1.7. Percent Change From Preceding Period
in Prices for Gross Domestic Product
December 2012
Table 1.1.8. Contributions to Percent Change in the
Gross Domestic Product Price Index
[Percent]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Gross dom estic product
Personal consum ption
e xp en d itu res........................
Goods.....................................
Durable goods...................
Nondurable goods............
S ervices.................................
Gross private dom estic
investm ent............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment and software
Residential.........................
Change in private inventories
Net e xports o f goods and
se rvice s.................................
Exports...................................
Goods.................................
S ervices.............................
Imports
Goods.................................
Services............................
G overnment consum ption
expenditures and gross
investm ent............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
Addenda:
Gross national product.........
Im plicit price deflators:
Gross domestic p ro d u ct1
Gross national p ro d u ct1
Seasonally adjusted at annual rates
2012
IV
I
II
Line
2010
2011
III
2011
III
1
1.3
2.1
3.0
0.4
2.0
1.6
2.7
2
3
4
5
6
1.9
1.7
-1.3
3.2
2.0
2.4
3.8
-0.9
6.0
1.8
2.3
3.0
-0.6
4.7
2.0
1.1
-0.2
-2.5
0.8
1.7
2.5
2.5
-1.0
4.2
2.5
0.7
-1.8
-1.2
-2.2
2.0
1.6
1.9
-2.3
3.9
1.4
7
8
9
10
11
12
13
-1.3
-1.2
-1.5
-1.1
-1.6
-0.2
1.5
1.6
1.7
4.7
0.6
0.9
1.6
1.8
1.9
5.7
0.5
1.4
1.2
1.4
1.5
4.5
0.4
0.6
1.0
1.2
1.8
2.7
1.4
-1.4
1.3
1.2
1.2
3.2
0.4
1.2
0.5
1.2
0.8
1.0
0.7
2.9
14
15
16
17
18
19
20
4.5
5.1
3.4
6.0
6.8
2.6
6.4
7.6
3.8
7.8
8.9
3.0
1.7
1.2
2.9
-1.9
-2.0
-1.3
-3.8
-4.8
-1.3
0.0
0.6
-3.1
2.8
2.4
3.8
5.6
6.4
1.7
0.5
-0.4
2.6
-3.9
-4.8
1.0
0.5
0.9
-0.4
-6.5
-7.6
-0.9
21
22
23
24
25
2.4
2.4
2.3
2.4
2.4
3.3
2.8
3.0
2.2
3.7
2.4
2.2
2.3
2.1
2.6
0.0
-0.9
-0.9
-0.8
0.6
3.6
3.2
4.2
1.2
3.8
0.6
1.2
0.9
2.0
0.1
1.3
0.9
0.9
1.0
1.6
26
1.3
2.1
2.9
0.4
2.0
1.5
2.7
2/
28
1.3
1.3
2.1
2.1
3.0
3.0
0.1
0.2
2.2
2.2
1.5
1.5
2.8
2.8
Percent change at annual
rate:
Gross dom estic product
Percentage points at annual
rates:
Personal consum ption
e xp e n d itu re s........................
Goods.....................................
Durable g oods...................
Nondurable g oods............
Services..................................
G ross private dom estic
investm ent............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment and software
Residential.........................
Change in private inventories
Net e xports o f g oods and
s e rv ic e s .................................
E xports...................................
G oods.................................
Services..............................
Imports....................................
Goods.................................
Services..............................
G overnment consum ption
expenditures and gross
investm ent............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
2012
I
IV
II
III
1
1.3
2.1
3.0
0.4
2.0
1.6
2.7
2
3
4
5
6
1.34
0.39
-0.10
0.49
0.95
1.72
0.89
-0.07
0.96
0.83
1.65
0.71
-0.05
0.76
0.94
0.73
-0.06
-0.20
0.13
0.79
1.76
0.61
-0.08
0.68
1.15
0.49
-0.45
-0.09
-0.36
0.94
1.14
0.46
-0.18
0.64
0.68
7
8
9
10
11
12
13
-0.15
-0.15
-0.14
-0.03
-0.11
0.00
-0.01
0.18
0.19
0.17
0.12
0.04
0.02
0.00
0.22
0.22
0.19
0.15
0.04
0.03
0.00
0.17
0.17
0.15
0.12
0.03
0.01
0.00
0.14
0.15
0.18
0.08
0.10
-0.03
-0.01
0.17
0.15
0.12
0.09
0.03
0.03
0.02
0.07
0.15
0.08
0.03
0.05
0.07
-0.08
14
15
16
17
18
19
20
-0.35
0.54
0.41
0.13
-0.89
-0.82
-0.07
-0.46
0.84
0.69
0.15
-1.29
-1.21
-0.08
0.60
0.25
0.13
0.12
0.35
0.31
0.04
-0.54
-0.54
-0.49
-0.05
0.01
-0.09
0.09
-0.59
0.38
0.23
0.15
-0.98
-0.93
-0.05
0.78
0.07
-0.03
0.11
0.70
0.73
-0.03
1.26
0.07
0.09
-0.02
1.18
1.16
0.03
21
22
23
24
25
0.50
0.20
0.13
0.07
0.31
0.68
0.23
0.17
0.06
0.46
0.49
0.18
0.12
0.06
0.31
0.00
-0.07
-0.05
-0.02
0.07
0.70
0.25
0.22
0.03
0.45
0.11
0.10
0.05
0.05
0.02
0.27
0.07
0.05
0.03
0.19
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, 2005=100]
[Percent]
Seasonally adjusted
2011
Line
Line
2010
2011
2011
III
Gross dom estic product
Personal consum ption
e xp en d itu res........................
Goods.....................................
Durable goods...................
Nondurable goods............
S ervices.................................
Gross private dom estic
investm ent.............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment and software
Residential.........................
Change in private inventories
Net e xports o f goods and
se rvice s.................................
Exports...................................
Goods.................................
Services.............................
Im ports...................................
Goods.................................
S ervices.............................
G overnment consum ption
expenditures and gross
investm ent.............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
Addendum:
Gross national product.........
IV
I
II
III
1 110.993 113.359 113.950 113.987 114.599 115.035 115.833
2
3
4
5
6
7
8
9
10
11
12
13
111.087 113.790 114.290 114.590 115.297
104.852 108.822 109.630 109.567 110.254
91.611
90.799 90.963 90.382 90.158
112.621 119.430 120.627 120.880 122.138
114.418 116.435 116.769 117.268 117.986
104.782
105.024
105.514
121.158
99.806
102.519
106.362
106.680
107.359
126.850
100.445
103.406
106.797
106.969
107.660
127.749
100.554
103.643
106.630
107.326
108.062
129.150
100.648
103.804
115.493
109.741
89.889
121.473
118.573
115.951
110.255
89.360
122.656
118.999
107.234 107.545
107.636 107.951
108.532 108.847
130.014 131.044
100.992 101.085
103.431 103.746
107.835
108.267
109.059
131.378
101.257
104.484
14
15
16
17
18
19
20
110.739
109.828
112.741
112.989
112.520
114.714
117.838
117.924
117.514
122.452
123.316
117.613
118.651
118.622
118.604
124.145
125.249
118.117
118.801
118.515
119.379
122.931
123.730
118.399
118.952
118.782
119.245
120.886
121.320
118.132
21
22
23
24
25
117.334 121.233 121.902 121.908
113.583 116.721 117.368 117.114
113.951 117.411 118.043 117.776
112.843 115.337 116.013 115.785
119.579 124.001 124.682 124.870
122.983
118.042
119.004
116.117
126.046
123.161
118.406
119.264
116.685
126.093
123.572
118.673
119.524
116.968
126.605
114.600
115.035
115.830
26 110.977
117.860
118.182
116.972
121.851
122.482
118.126
118.988
119.393
117.904
122.458
123.133
118.531
113.353 113.940
2010
113.985
Gross dom estic product
Personal consum ption
e xp e n d itu re s........................
Goods.....................................
Durable goods...................
Nondurable g oo d s............
Services..................................
Gross private dom estic
investm ent............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment and software
Residential.........................
Change in private inventories
Net e xports o f goods and
se rv ic e s .................................
E xports...................................
Goods.................................
Services.............................
Imports
Goods.................................
Services..............................
G overnment consum ption
expenditures and gross
investm ent............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
2012
2011
2012
III
IV
I
II
III
1
100.0
100.0
100.0
100.0
100.0
100.0
100.0
2
3
4
5
6
70.5
23.2
7.4
15.8
47.3
71.2
24.0
7.6
16.4
47.1
71.2
24.0
7.6
16.5
47.1
71.0
24.1
7.7
16.4
46.9
71.1
24.3
7.8
16.5
46.8
71.0
24.0
7.7
16.3
47.0
70.6
24.0
7.7
16.3
46.6
7
8
9
10
11
12
13
12.0
11.6
9.2
2.6
6.6
2.3
0.4
12.3
12.1
9.8
2.7
7.1
2.2
0.2
12.2
12.3
10.0
2.8
7.2
2.2
0.0
13.0
12.5
10.2
2.9
7.3
2.3
0.5
13.1
12.7
10.3
2.9
7.4
2.4
0.5
13.1
12.7
10.4
2.9
7.4
2.4
0.4
13.2
12.6
10.2
2.9
7.3
2.5
0.5
14
15
16
17
18
19
20
-3.5
12.7
8.8
3.9
16.2
13.4
2.8
-3.8
13.9
9.8
4.1
17.7
14.8
2.9
-3.6
14.1
9.9
4.2
17.7
14.8
2.9
-3.9
13.8
9.8
4.0
17.7
14.9
2.9
-4.0
13.9
9.9
4.1
17.9
15.0
2.9
-3.7
14.0
9.9
4.1
17.7
14.8
2.9
-3.3
13.9
9.8
4.1
17.2
14.3
2.9
21
22
23
24
25
21.1
8.4
5.6
2.8
12.7
20.3
8.1
5.4
2.7
12.2
20.2
8.1
5.5
2.6
12.1
19.9
7.9
5.3
2.6
12.0
19.7
7.8
5.2
2.6
11.9
19.6
7.8
5.2
2.6
11.8
19.6
7.9
5.3
2.6
11.7
December 2012
Survey of Current Business
D-5
Table 1.1.11. Real Gross Domestic Product: Percent Change From Quarter One Year Ago
[Percent]
2011
2012
Line
III
G ross dom estic p ro d u ct......................................................................................................
Personal consum ption expenditures
G oods......................................
Durable goods.....................
Nondurable goods..............
Services........................................................................................................................................
G ross private dom estic investm ent
Fixed investment.....................
Nonresidential.....................
Structures.......................
Equipment and software....................................................................................................
Residential..........................
Change in private inventories.
Net e xports o f goods and services
Exports.....................................
G oods.......................................................................................................................................
Services...................................................................................................................................
Imports
Goods
Services...................................................................................................................................
G overnm ent consum ption expenditures and gross inve stm e n t........................................
Federal..........................................................................................................................................
National defense.....................................................................................................................
Nondefense.
State and local
Addenda:
Final sales of domestic product................................................................................................
Gross domestic purchases....
Final sales to domestic purchasers...........................................................................................
Gross national product...........
Real disposable personal incom e.............................................................................................
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 energy 2...............................................................
IV
I
II
III
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
1.6
2.5
3.4
6.2
2.1
2.0
1.5
8.4
10.1
6.4
11.5
1.4
2.0
1.9
2.8
5.9
1.4
1.5
10.9
9.0
10.2
6.9
11.4
3.9
2.4
1.8
2.6
6.9
0.7
1.3
14.1
11.9
12.5
19.7
10.0
9.3
2.1
1.9
2.9
7.5
0.9
1.4
10.9
9.9
9.7
11.2
9.2
10.4
2.5
1.8
3.5
8.3
1.3
1.0
11.1
6.2
4.5
5.8
4.0
13.7
6.5
6.7
6.1
2.2
2.1
2.9
-3.8
-4.1
-2.8
-6.9
-3.6
4.3
5.4
1.8
3.5
3.4
3.8
-3.3
-4.2
^ .0
-4.6
-2.7
4.0
5.0
1.7
3.2
2.6
6.2
-2.2
-2.6
-2.0
-3.8
-2.0
4.3
5.8
0.7
3.9
3.5
5.7
-2.2
-3.3
-4.0
-2.0
-1.5
3.0
4.3
0.0
2.7
2.5
3.8
-0.6
0.0
-1.6
3.6
-1.1
26
27
28
29
30
2.4
1.1
1.8
1.8
0.6
1.7
1.9
1.7
2.2
0.3
2.2
2.4
2.1
2.2
0.2
2.0
2.1
2.0
2.1
1.1
1.9
2.5
1.9
2.4
1.6
31
32
33
34
35
36
37
38
2.9
2.1
2.4
2.2
2.8
1.6
3.0
1.6
2.5
2.0
2.0
2.0
2.5
1.7
2.8
1.9
2.3
2.0
2.0
2.0
2.4
1.9
2.5
2.0
1.6
1.7
1.7
1.7
1.6
1.8
1.7
1.9
1.4
1.5
1.7
1.5
1.5
1.6
1.5
1.7
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
2010
2011
2011
III
G ross dom estic pro d u ct......................................................................................................
Final sales of domestic product........................................................................................
Change in private inventories............................................................................................
G oods..........................................
Final sales...........................
Change in private inventories................................................................................................
Durable goods..............................................................................................................................
Final sales................................................................................................................................
Change in private inventories 1.............................................................................................
Nondurable goods..................
Final sales...........................
Services 2.........................................................................................................................................
S tru c tu re s........................................................................................................................................
Addenda:
Motor vehicle output....................................................................................................................
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
Final sales of domestic product, current dollars......................................................................
1
2
3
4
5
6
7
8
9
10
11
1?
13
14
15
16
17
18
19
20
2012
IV
I
II
III
2.4
0.9
1.8
2.0
1.3
2.3
4.1
1.5
2.0
2.4
1.3
1.7
2.7
1.9
9.1
3.0
5.1
5.7
2.1
6.1
16.1
6.2
3.9
5.4
1.3
3.0
5.8
3.0
12.7
3.2
7.5
7.9
7.6
9.8
7.4
7.5
9.8
4.7
4.1
0.7
6.4
5.8
5.6
2.8
2.7
3.5
-3.3
2.5
25.8
4.9
-1.9
6.2
-1.5
5.5
5.1
0.4
1.1
-8.3
0.9
-2.7
0.5
5.5
-1.0
7.2
0.6
7.4
1.2
1.7
1.4
2.3
27.5
1.9
-13.8
2.5
2.8
2.2
11.0
1.6
35.3
1.7
1.6
4.1
1.5
1.3
31.5
1.2
1.1
5.4
24.0
3.6
31.1
4.0
4.5
1.9
30.9
1.3
4.5
1.9
1.7
4.4
7.3
1.1
-19.9
1.4
1.1
3.3
-8.4
3.0
31.7
2.6
2.6
4.8
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 Amer
ican 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
Table 1.2.2. Contributions to Percent Change in Real
Gross Domestic Product by Major Type of Product
December 2012
Table 1.2.3. Real Gross Domestic Product by
Major Type of Product, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Percent change at annual rate:
Gross dom estic p ro d u ct.......
Percentage poin ts at annual
rates:
Final sales of domestic
product..............................
Change in private
inventories........................
G o o d s................................................
Final sales.................................
Change in private inventories
Durable goods...............................
Final sales.................................
Change in private inventories 1
Nondurable goods........................
Final sales.................................
Change in private inventories 1
Services 2..........................................
S tru c tu re s .........................................
Addenda:
Motor vehicle output.....................
Gross domestic product excluding
motor vehicle output................
Final sales of computers 3...........
Gross domestic product excluding
final sales of computers...........
Seasonally adjusted
2012
IV
I
II
Line
2010
2011
2011
III
III
1
2.4
1.8
1.3
4.1
2.0
1.3
2.7
2
0.87
1.95
2.35
1.56
2.35
1.71
1.90
3
4
5
6
7
8
9
10
11
12
13
14
1.52
2.33
0.80
1.52
1.60
0.43
1.16
0.73
0.37
0.36
0.72
-0.65
-0.14
1.37
1.52
-0.14
1.01
1.05
-0.04
0.36
0.47
-0.10
0.62
-0.19
-1.07
0.58
1.65
-1.07
1.06
1.31
-0.26
-0.48
0.33
-0.81
0.33
0.37
2.53
4.23
1.70
2.53
1.05
1.04
0.01
3.18
0.66
2.52
-0.62
0.49
-0.39
1.09
1.48
-0.39
1.35
0.65
0.70
-0.27
0.83
-1.10
0.38
0.50
-0.46
0.38
0.84
-0.46
0.58
0.10
0.48
-0.21
0.73
-0.94
0.76
0.12
0.77
1.62
0.85
0.77
0.91
0.80
0.12
0.71
0.06
0.65
0.89
0.16
15
0.50
0.25
0.03
0.55
0.72
0.20
-0.24
16
17
1.89
-0.06
1.56
0.12
1.25
0.12
3.54
0.12
1.23
0.02
1.06
-0.10
2.91
0.12
18
2.46
1.68
1.16
3.97
1.94
1.35
2.55
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.
2012
IV
I
II
2 103.478 105.506 105.871 106.271 106.897 107.356 107.864
;•!
4
5
fi
/
8
q
10
11
1?
13
14
G o o d s ................................................
Final sales..................................
Change in private inventories
Durable g oods...............................
Final sales..................................
Change in private inventories 1
Nondurable goods........................
Final sales..................................
Change in private inventories1
Services 2..........................................
S tructures..........................................
Addenda:
Motor vehicle output.....................
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.................................
15
112.006 117.713 117.149 121.601 122.762 123.169 124.907
112.026 118.430 119.089 120.892 122.506 123.428 124.356
109.920 118.121 119.244 121.395 124.267 125.518 127.477
109.577 118.277 119.716 121.899 123.306 123.533 125.275
114.304 117.406 115.109 121.911 121.320 120.863 122.382
114.528 118.547 118.407 119.826 121.647 123.275 123.393
106.771 107.778 108.009 107.744 107.899 108.215 108.585
65.558 63.793 64.282 65.413 66.584 66.857 67.237
77.612
86.127
85.210
89.922
96.182
97.893
18 103.235 104.980 105.030 106.061 106.574 106.934 107.612
19 100.438 102.006 101.964 103.088 103.536 103.815 104.485
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
[Index numbers, 2005=100]
[Billions of dollars]
Seasonally adjusted
2010
2011
III
Gross dom estic p ro d u ct.......
Final sales of domestic
product..............................
Change in private
inventories........................
G oo d s................................................
Final sales.................................
Change in private inventories
Durable goods...............................
Final sales.................................
Change in private inventories 1
Nondurable goods........................
Final sales.................................
Change in private inventories1
Services 2..........................................
S tru c tu re s .........................................
Addenda:
Motor vehicle output.....................
Gross domestic product
excluding motor vehicle output
Final sales of com puters3...........
Gross domestic product
excluding final sales of
computers..................................
Implicit price deflator for final
sales of domestic product
Seasonally adjusted at annual rates
2012
2011
IV
I
II
Line
2 110.993 113.371 113.948 114.056 114.628 115.065 115.870
u
4 100.772 102.313 103.076 102.499 102.517 102.800 104.298
5 100.672 102.240 103.034 102.462 102.488 102.752 104.351
fi
/ 94.575 94.408 94.485 94.377 94.431 94.554 94.403
8 94.565 94.335 94.408 94.306 94.356 94.468 94.322
q
113.453 112.296 112.270 112.753 116.333
113.489 112.343 112.340 112.789 116.510
118.116 118.460 119.316 119.798 120.219
117.987 118.992 119.417 120.209 120.806
15 101.827 105.034 106.045 106.051 106.360 106.994 106.975
16 111.325 113.671 114.227 114.334 114.909 115.346 116.147
17 47.004 42.682 41.978 41.033 41.101 40.470 39.420
18 111.542 113.974 114.556 114.672 115.245 115.699 116.496
19 110.993 113.371 113.944 114.052 114.624 115.061 115.865
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.
2010
2011
III
1 111.002 113.369 113.937 114.041 114.608 115.050 115.827
10 108.249 1 i 1.839
11 108.126 111.823
1?
13 115.026 117.656
14 113.823 117.337
95.763
16 104.290 105.951 106.045 106.991 107.326 107.616 108.415
17 147.917 200.079 205.511 219.910 222.335 210.355 225.340
Table 1.2.4. Price Indexes for Gross Domestic Product
by Major Type of Product
Line
III
1 103.486 105.356 105.418 106.481 106.999 107.333 108.042
G ross dom estic p ro d u c t.......
Final sales of domestic
product...............................
Change in private
III
Gross dom estic product
Final sales of domestic
product......................
Change in private
inventories...............
G o o d s .......................................
Final sales.........................
Change in private
inventories....................
Durable goods......................
Final sales.........................
Change in private
inventories 5..................
Nondurable g oods...............
Final sales.........................
Change in private
inventories 1..................
Services 2.................................
S tructures.................................
Addenda:
Motor vehicle output............
Gross domestic product
excluding motor vehicle
output.................................
Final sales of computers 3...
Gross domestic product
excluding final sales of
computers.........................
2012
2011
IV
I
II
III
1 14,498.9 15,075.7 15,163.2 15,321.0 15,478.3 15,585.6 15,797.4
2 14,440.6 15,039.0 15,167.3 15,238.9 15,405.7 15,530.8 15,713.3
3
4
5
58.4
3,921.9
3,863.6
36.6
4,184.7
4,148.0
-4.1
4,199.2
4,203.3
82.1
4,325.3
4,243.2
72.6
4,373.5
4,301.0
54.8
4,399.3
4,344.5
84.1
4,529.4
4,445.3
6
7
8
58.4
1,984.2
1,941.7
36.6
2,128.3
2,090.7
-4.1
2,150.4
2,117.8
82.1
2,186.4
2,154.1
72.6
2,240.0
2,180.1
54.8
2,265.5
2,186.7
84.1
2,297.3
2,214.1
9
10
11
42.5
1,937.7
1,921.9
37.6
2,056.3
2,057.3
32.6
2,048.8
2,085.5
32.4
2,138.9
2,089.2
59.9
2,133.6
2,120.9
78.8
2,133.8
2,157.9
83.2
2,232.1
2,231.2
12
13
14
15.8
9,559.6
1,017.4
-1.0
9,870.4
1,020.5
-36.7
9,930.2
1,033.8
49.7
12.7
-24.1
0.9
9,934.8 10,021.0 10,090.9 10,160.9
1,060.9 1,083.7 1,095.4 1,107.1
15
331.1
379.0
378.5
399.5
428.6
438.8
429.1
16 14,167.9 14,696.6 14,784.7 14,921.5 15,049.7 15,146.8 15,368.3
17
53.7
65.9
66.7
69.8
70.7
65.8
68.7
18 14,445.2 15,009.7 15,096.5 15,251.2 15,407.6 15,519.7 15,728.7
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.
December 2012
D-7
Survey of Current Business
Table 1.2.6. Real Gross Domestic Product by
Major Type of Product, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
2010
Line
2011
G ross dom estic p ro d u ct.................................................................................................
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.........................................................................................
Services 3
S tructures
Residual..,
Addenda:
Motor vehicle output................................................................................................................
Gross domestic product excluding motor vehicle output....................................................
Final sales of computers 3 .....................................................................................................
Gross domestic product excluding final sales of computers.............................................
2012
2011
III
IV
I
III
II
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
13,063.0
13,010.3
50.9
1.8
3,893.0
3,837.8
50.9
2,098.4
2,053.3
38.8
1,790.8
1,777.4
13.6
8,310.8
893.8
-24.7
13,299.1
13,265.3
31.0
2.8
4,091.4
4,057.2
31.0
2,255.0
2,216.3
33.2
1,839.4
1,839.8
0.6
8,389.3
869.8
-49.9
13,306.9
13,311.2
-4.3
0.0
4,071.8
4,079.7
-4.3
2,276.4
2,243.2
28.6
1,803.4
1,837.7
-28.2
8,407.3
876.4
-58.1
13,441.0
13,361.4
70.5
9.1
4,226.5
4,141.5
70.5
2,317.4
2,284.1
28.7
1,910.0
1,859.7
41.3
8,386.6
891.8
-51.2
13,506.4
13,440.1
56.9
9.4
4,266.9
4,196.8
56.9
2,372.3
2,310.5
52.0
1,900.7
1,887.9
9.5
8,398.7
907.8
-60.0
13,548.5
13,497.9
41.4
9.2
4,281.0
4,228.4
41.4
2,396.2
2,314.8
68.2
1,893.6
1,913.2
-18.6
8,423.3
911.5
-63.9
13,638.1
13,561.7
61.3
15.1
4,341.4
4,260.2
61.3
2,433.6
2,347.4
72.4
1,917.4
1,915.0
-3.4
8,452.1
916.7
-62.1
17
18
19
20
325.1
12,727.6
114.2
12,951.6
360.8
12,930.3
154.5
13,170.6
357.0
12,941.7
158.6
13,176.8
376.7
13,057.2
169.8
13,306.1
402.9
13,098.1
171.6
13,370.5
410.1
13,133.4
162.4
13,415.6
401.2
13,231.0
174.0
13,500.7
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.
Note. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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
2010
III
G ross dom estic pro d u ct.................................................................................................
B usiness 1 ..................................................................................................................................
Nonfarm 2.................................................................................................................................
Farm..........................................................................................................................................
H ouseholds and in stitu tio n s ...............
Households..............................................................................................................................
Nonprofit institutions serving households 3.........................................................................
General g o v e rn m e n t4 ..........................
Federal......................................................................................................................................
State and local........................................................................................................................
Addendum :
Gross housing value added..................................................................................................
2012
2011
I
IV
II
III
1
2
3
4
5
6
7
8
9
10
2.4
3.0
3.1
-5.0
0.8
0.5
1.2
0.7
3.7
-0.7
1.8
2.4
2.6
-17.7
0.8
0.0
1.8
-0.5
0.8
-1.2
1.3
1.7
1.6
11.4
0.9
-1.2
3.6
-0.9
-0.2
-1.2
4.1
5.4
5.3
18.8
0.4
-0.9
2.0
-0.1
0.9
-0.5
2.0
2.7
2.7
3.5
-0.3
-2.0
1.9
-0.2
-0.9
0.1
1.3
1.9
2.1
-10.3
-1.0
-2.1
0.3
-0.7
-1.5
-0.3
2.7
3.6
4.2
-35.3
-1.1
-2.6
0.7
0.6
-0.6
1.1
11
1.2
0.6
-0.8
-0.6
-1.2
-1.4
-1.8
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.
D-8
National Data
December 2012
Table 1.3.3. Real Gross Value Added by Sector, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
Line
G ross dom estic p ro d u ct..................................................................................................
B usiness 1 ..................................................................................................................................
Nonfarm 2.................................................................................................................................
Farm..........................................................................................................................................
H ouseholds and in stitu tio n s.....................
Households..............................................................................................................................
Nonprofit institutions serving households 3..........................................................................
General g o v e rn m e n t4 ................................
Federal......................................................................................................................................
State and local........................................................................................................................
Addendum :
Gross housing value added...................................................................................................
2010
2011
2011
2012
III
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
103.486
102.158
102.048
109.474
108.525
109.675
106.957
106.700
114.835
103.188
105.356
104.580
104.742
90.114
109.380
109.699
108.849
106.141
115.730
101.999
105.418
104.641
104.828
88.477
109.668
109.723
109.467
105.980
115.669
101.795
106.481
106.028
106.179
92.366
109.768
109.467
110.014
105.964
115.923
101.662
106.999
106.735
106.884
93.160
109.690
108.918
110.533
105.899
115.652
101.688
107.333
107.250
107.441
90.652
109.407
108.343
110.619
105.713
115.228
101.604
108.042
108.211
108.545
81.315
109.104
107.642
110.820
105.860
115.063
101.886
11
113.502
114.182
114.284
114.099
113.756
113.358
112.852
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, 2005=100]
Seasonally adjusted
Line
G ross dom estic p ro d u ct.................................................................................................
Business 1 ..................................................................................................................................
Nonfarm 2.................................................................................................................................
Farm..........................................................................................................................................
Households and institutions
Households..............................................................................................................................
Nonprofit institutions serving households 3..........................................................................
General g ov ern m e nt4 ..............................................................................................................
Federal......................................................................................................................................
State and local.........................................................................................................................
Addendum :
Gross housing value added...................................................................................................
2010
2011
2011
2012
III
IV
1
2
3
4
5
6
7
8
9
10
111.002
109.589
109.599
111.709
113.236
109.547
118.350
118.203
116.953
118.738
113.369
112.043
111.678
150.835
114.830
111.282
119.751
120.838
119.540
121.396
113.937
112.702
112.302
155.413
114.815
111.433
119.505
121.440
120.209
121.965
114.041
112.757
112.421
148.548
115.334
112.326
119.517
121.422
120.025
122.029
114.608
113.185
112.887
144.834
116.420
113.263
120.804
122.370
120.985
122.971
I
115.050
113.615
113.334
143.450
116.722
113.802
120.794
123.046
121.784
123.584
115.827
114.487
114.123
153.951
117.189
114.232
121.308
123.502
122.332
123.995
11
110.507
112.339
112.521
113.469
114.391
114.919
115.435
II
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
2010
2011
1
2
3
4
5
6
7
8
9
10
14,498.9
10,836.0
10,711.2
124.8
1,851.2
1,038.5
812.7
1,811.7
589.2
1,222.5
15,075.7
11,341.2
11,202.5
138.7
1,892.1
1,055.2
836.9
1,842.4
607.0
1,235.4
15,163.2
11,417.6
11,277.5
140.1
1,896.8
1,056.9
839.9
1,848.8
610.0
1,238.7
15,321.0
11,565.7
11,426.0
139.7
1,907.1
1,062.9
844.2
1,848.2
610.5
1,237.8
15,478.3
11,693.0
11,555.7
137.3
1,923.7
1,066.4
857.4
1,861.5
613.9
1,247.6
15,585.6
11,793.3
11,662.7
130.6
1,923.7
1,065.8
858.0
1,868.5
615.7
1,252.8
15,797.4
11,993.3
11,863.5
129.8
1,926.1
1,062.9
863.2
1,878.1
617.6
1,260.5
11
1,322.0
1,352.0
1,355.4
1,364.6
1,371.5
1,373.1
1,373.1
2011
III
Gross dom estic pro d u ct..................................................................................................
Business 1 ...................................................................................................................................
Nonfarm 2.................................................................................................................................
Farm......................
Households and institutions
Households..............................................................................................................................
Nonprofit institutions serving households 3.........................................................................
General g o v e rn m e n t4
Federal..................
State and local.........................................................................................................................
Addendum :
Gross housing value added...................................................................................................
2012
IV
I
II
II)
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-9
Survey of Current Business
December 2012
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 (2005) dollars]
Seasonally adjusted at annual rates
[Percent]
Line
2010
2011
2011
2012
IV
III
G ross dom estic product
B usiness 1................................
Nonfarm 2..............................
Farm.......................................
Households and institutions
Households...........................
Nonprofit institutions serving
households 3....................
General g o v e rn m e n t4...........
Federal..................................
State and local......................
Residual....................................
Addendum :
Gross housing value added
I
Seasonally adjusted at annual rates
III
II
1 13,063.0 13,299.1 13,306.9 13,441.0 13,506.4 13,548.5 13,638.1
2 9,888.9 10,123.4 10,129.3 10,263.6 10,332.0 10,381.9 10,474.9
3 9,774.2 10,032.3 10,040.5 10,169.9 10,237.4 10,290.7 10,396.5
4
111.7
95.0
91.9
90.3
94.2
92.5
83.0
5 1,634.8 1,647.7 1,652.1 1,653.6 1,652.4 1,648.1 1,643.6
948.2
948.4
941.5
930.4
6
948.0
946.2
936.5
7
8
9
10
11
686.7
1,532.7
503.8
1,029.5
9.1
698.8
1,524.7
507.8
1,017.7
2.4
702.8
1,522.4
507.5
1,015.6
1.8
706.3
1,522.1
508.6
1,014.3
1.5
709.7
1,521.2
507.4
1,014.6
0.8
710.2
1,518.5
505.6
1,013.7
-0.7
711.5
1,520.7
504.8
1,016.6
-4.7
12
1,196.3
1,203.5
1,204.6
1,202.6
1,199.0
1,194.8
1,189.5
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 (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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.
Line
2010
2011
2012
2011
III
Gross dom estic p ro d u c t..................
Less: Exports of goods and services
Plus: Imports of goods and services
Equals: G ross dom estic purchases
Less: Change in private inventories....
Equals: Final sales to dom estic
purchasers.......................................
Addenda:
Final sales of domestic product.....
Gross domestic purchases, current
dollars............................................
Final sales to domestic purchasers,
current dollars...............................
I
IV
II
III
1
2
3
4
5
2.4
11.1
12.5
2.8
1.8
6.7
4.8
1.7
1.3
6.1
4.7
1.2
4.1
1.4
4.9
4.6
2.0
4.4
3.1
1.8
1.3
5.3
2.8
1.0
2.7
1.1
0.1
2.4
6
1.3
1.8
2.2
2.1
2.2
1.4
1.7
7
0.9
2.0
2.3
1.5
2.4
1.7
1.9
8
4.5
4.2
3.6
5.3
4.6
1.7
4.0
9
3.0
4.4
4.6
3.0
4.8
2.2
3.2
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 numbers, 2005=100]
[Index numbers, 2005=100]
Seasonally adjusted
Seasonally adjusted
2010
Line
G ross dom estic p ro d u c t...................
Less: Exports of goods and services
Plus: Imports of goods and services
Equals: Gross dom estic purchases
Less: Change in private inventories...
Equals: Final sales to dom estic
purchasers......................................
Addendum :
Final sales of domestic product
1
2
3
4
5
103.486
127.623
102.832
100.954
105.356
136.152
107.746
102.646
2010
Line
2012
2011
2011
III
IV
I
II
III
105.418
137.379
108.037
102.628
106.481
137.871
109.345
103.789
106.999
139.356
110.179
104.261
107.333
141.152
110.936
104.517
108.042
141.540
110.966
105.150
6 100.932 102.771 103.038 103.577 104.150 104.523 104.966
7 103.478 105.506 105.871 106.271 106.897 107.356 107.864
Gross dom estic p ro d u ct...................
Less: Exports of goods and services
Plus: Imports of goods and services
Equals: G ross dom estic purchases
Less: Change in private inventories...
Equals: Final sales to dom estic
p urch a se rs......................................
Addenda:
Final sales of domestic product.....
Implicit price deflator for final sales
to domestic purchasers..............
1
2
3
4
H
111.002
110.738
112.989
111.421
2012
2011
2011
113.369
117.860
121.851
114.208
III
IV
I
II
III
113.937
118.992
122.466
114.709
114.041
117.839
122.463
114.958
114.608
118.652
124.156
115.674
115.050
118.802
122.942
115.888
115.827
118.953
120.897
116.294
6 111.420 114.219 114.728 114.981 115.703 115.911 116.342
7 110.993 113.371 113.948 114.056 114.628 115.065 115.870
8 111.420 114.219 114.724 114.977 115.699 115.907 116.338
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 (2005) dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
2010
2011
III
Gross dom estic p ro d u c t........
Less: Exports of goods and
services..................................
Plus: Imports of goods and
services..................................
Equals: Gross dom estic
purchases.............................
Less: Change in private
inventories..............................
Equals: Final sales to
dom estic p u rch a se rs.........
A ddendum :
Final sales of domestic
product..............................
2012
2011
IV
I
II
Line
3
1,844.4
2,356.1
2,094.2
2,662.3
2,133.3
2,682.8
2,120.3
2,157.9
2,188.5
2,715.1
2,773.7
2,765.4
2,197.3
2,720.1
4 15,010.6 15,643.7 15,712.7 15,915.9 16,094.0 16,162.5 16,320.3
5
58.4
36.6
-4.1
82.1
72.6
54.8
2011
84.1
6 14,952.2 15,607.1 15,716.8 15,833.8 16,021.5 16,107.8 16,236.2
7 14,440.6 15,039.0 15,167.3 15,238.9 15,405.7 15,530.8 15,713.3
Gross dom estic p ro d u c t........
Less: Exports of goods and
services..................................
Plus: Imports of goods and
services..................................
Equals: G ross dom estic
purchases..............................
Less: Change in private
inventories..............................
Equals: Final sales to
dom estic purchasers..........
Addendum :
Final sales of domestic
product................................
2012
2011
III
III
1 14,498.9 15,075.7 15,163.2 15,321.0 15,478.3 15,585.6 15,797.4
2
2010
IV
I
II
III
1 13,063.0 13,299.1 13,306.9 13,441.0 13,506.4 13,548.5 13,638.1
2
3
1,665.6
2,085.2
1,776.9
1,792.9
1,799.3
1,818.7
1,842.1
1,847.2
2,184.9
2,190.8
2,217.3
2,234.2
2,249.6
2,250.2
4 13,473.0 13,698.8 13,696.4 13,851.4 13,914.4 13,948.5 14,033.0
5
50.9
31.0
-4.3
70.5
56.9
41.4
61.3
6 13,419.7 13,664.2 13,699.6 13,771.3 13,847.5 13,897.1 13,956.0
7 13,010.3 13,265.3 13,311.2 13,361.4 13,440.1 13,497.9 13,561.7
Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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.
Note.
D-10
National Data
Table 1.5.1. Percent Change From Preceding Period in Real
Gross Domestic Product, Expanded Detail
December 2012
Table 1.5.2. Contributions to Percent Change in Real
Gross Domestic Product, Expanded Detail
[Percent]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
G ross dom estic p ro d u ct..........
Personal consum ption
e xp en d itu res...................................
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.........
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 (N P IS H s)1..........
Gross output of nonprofit
institutions2 ........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3 ........
G ross private dom estic investm ent
Fixed investment...............................
Nonresidential..............................
Structures.................................
Equipment and software.........
Information processing
equipment and software
Computers and
peripheral equipment
Software 4 .......................
O ther................................
Industrial equipment...........
Transportation equipment
Other equipm ent................
Residential....................................
Change in private inventories.........
Farm ..............................................
Nonfarm.........................................
Net exports o f goods and services
Exports..............................................
Goods............................................
S ervices........................................
Im ports..............................................
Goods............................................
S ervices........................................
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.........................
Seasonally adjusted at annual rates
2012
IV
I
II
Line
1.8
1.3
4.1
2.0
1.3
2.7
2
3
4
5
1.8
3.6
6.2
2.1
2.5
3.8
7.2
5.5
1.7
1.4
5.4
1.9
2.0
5.4
13.9
28.6
2.4
4.7
11.5
13.0
1.5
0.3
-0.2
-9.8
1.4
3.5
8.7
10.3
6
7.0
5.8
6.3
9.8
8.6
-0.7
5.9
7
8
9
11.0
4.4
2.3
11.7
4.1
2.3
10.5
1.7
-0.4
11.8
-3.6
1.8
13.1
9.8
1.6
7.2
8.6
0.6
11.3
4.6
1.1
10
11
2.1
5.4
2.5
3.5
-0.1
-5.7
0.3
3.4
0.0
5.9
-0.5
-4.9
0.8
5.4
12
13
14
-0.4
2.5
1.0
-3.5
4.3
1.9
-3.0
2.8
1.8
0.5
3.1
0.3
-2.5
3.5
1.3
8.5
0.3
2.1
-3.8
2.1
0.3
15
16
17
18
19
1.0
0.8
1.3
-1.0
1.0
1.8
0.5
3.4
2.2
2.5
1.1
1.7
-0.8
2.9
2.1
0.5
-3.4
3.7
-1.1
0.6
1.4
-2.2
3.7
1.6
-0.6
1.5
5.5
-1.3
2.9
2.9
-0.1
1.3
-1.5
0.4
4.6
20
2.5
3.7
2.3
4.7
4.8
1.1
1.1
21
22
0.5
0.6
-0.3
1.7
4.5
-0.9
-2.0
3.0
3.8
1.1
-0.1
-0.1
4 .9
0.8
23
1.1
3.8
18.2
-4.9
-1.2
16.3
10.8
24
1.4
2.7
0.9
3.1
4.1
0.6
0.4
25
26
27
28
29
30
1.5
13.7
-0.2
0.7
-15.6
8.9
31
4.6
5.0
3.6
6.7
5.9
-2.4
-2.8
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
3.1
2.6
8.4
-1.2
73.1
3.1
-3.7
12.3
6.9
-0.5
13.3
31.1
12.4
-1.4
11.7
7.9
-5.8
37.1
45.1
26.1
1.4
11.2
8.7
1.7
21.4
31.0
-12.7
12.1
14.7
1.9
8.5
-13.6
20.0
11.8
20.5
-19.6
6.1
-6.9
13.6
15.8
6.9
8.5
-31.9
2.6
3.2
0.1
-16.3
9.8
14.2
11.1
14.3
4.7
12.5
14.9
2.5
6.7
7.2
5.6
4.8
5.2
2.8
6.1
6.2
6.1
4.7
2.9
13.8
1.4
6.0
-8.8
4.9
6.3
-1.7
4.4
4.0
5.2
3.1
2.0
9.0
5.3
7.0
1.1
2.8
2.9
2.3
1.1
0.2
3.2
0.1
-1.0
5.9
49
50
51
52
53
54
55
56
57
58
59
0.6
4.5
3.0
3.0
2.6
7.7
6.6
15.7
-1.8
-1.3
-3.7
-3.1
-2.8
-2.6
-1.8
-7.3
-3.1
-3.4
-1.7
-3.4
-2.3
-8.1
-2.9
-4.3
2.6
5.4
-14.2
-17.4
-18.5
-9.8
-2.0
-1.7
-3.5
-2.2
-3.0
-4.2
-7.1
-4.7
-21.3
1.8
3.6
-10.0
-2.2
-0.5
-9.8
-0.7
-0.2
-0.2
-2.1
13.8
-0.4
-0.2
-1.3
-1.0
-1.1
-0.7
3.5
9.5
12.9
15.0
-0.3
3.0
3.9
-4.0
-0.4
0.3
-3.5
6.0
33.9
10.0
9.5
11.5
8.8
-4 A
-10.6
-13.1
7.4
10.2
12.9
-6.7
-0.7
-0.8
-0.4
5.9
6.1
9.8
7.5
12.9
5.4
-4.1
0.7
4.5
3.6
0.6
4.8
-2.9
6.7
0.7
-2.2
-1.1
-2.7
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.
2011
III
2.4
-4.4
5.9
15.5
19.0
20.7
18.3
2011
III
1
2.3
5.2
6.6
8.6
2.7
11.0
2010
Percent change at annual rate:
Gross dom estic p ro d u c t..........
Percentage poin ts at annual rates:
Personal consum ption
e xp e n d itu re s...................................
G oods................................................
Durable goods..............................
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 (N PISH s)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 and software.........
Information processing
equipment and software
Computers and
peripheral equipment
Software 4........................
Other.................................
Industrial equipment...........
Transportation equipment
Other equipment..................
Residential....................................
Change in private inventories.........
Farm ..............................................
Nonfarm.........................................
Net exports of goods and services
E xports..............................................
G oods............................................
Services.........................................
Imports...............................................
G oods............................................
Services.........................................
Governm ent 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.........................
2012
IV
I
II
III
1
2.4
1.8
1.3
4.1
2.0
1.3
2.7
2
3
4
5
1.28
0.82
0.45
0.05
1.79
0.89
0.53
0.13
1.18
0.33
0.40
0.05
1.45
1.29
1.00
0.63
1.72
1.11
0.85
0.31
1.06
0.08
-0.02
-0.26
0.99
0.83
0.64
0.25
6
0.11
0.10
0.10
0.16
0.14
-0.01
0.10
7
8
9
0.24
0.05
0.37
0.25
0.05
0.36
0.23
0.02
-0.06
0.25
-0.04
0.29
0.28
0.11
0.26
0.16
0.10
0.10
0.24
0.06
0.18
10
11
0.11
0.12
0.13
0.08
0.00
-0.14
0.02
0.08
0.00
0.13
-0.03
-0.12
0.04
0.12
12
13
14
-0.01
0.14
0.46
-0.09
0.25
0.90
-0.09
0.16
0.85
0.02
0.18
0.16
-0.07
0.20
0.61
0.23
0.02
0.99
-0.11
0.12
0.16
15
16
17
18
19
0.44
0.11
0.15
-0.02
0.03
0.82
0.07
0.39
0.04
0.07
0.52
0.22
-0.10
0.06
0.05
0.26
-0.45
0.42
-0.02
0.02
0.64
-0.28
0.42
0.03
-0.02
0.69
0.68
-0.15
0.06
0.07
-0.04
0.17
-0.17
0.01
0.12
20
0.11
0.16
0.10
0.21
0.21
0.05
0.05
21
22
0.02
0.04
-0.02
0.11
0.24
-0.06
-0.11
0.19
0.20
0.07
-0.01
-0.01
-0.26
0.05
23
0.02
0.07
0.33
-0.10
-0.02
0.29
0.20
24
0.11
0.20
0.07
0.24
0.31
0.05
0.03
25
26
27
28
29
30
0.08
1.50
-0.03
0.07
-0.50
0.56
0.13
0.62
0.76
0.80
0.07
0.72
-0.26
0.68
1.75
1.71
0.51
1.20
0.34
3.72
1.19
0.93
0.31
0.62
0.33
0.78
1.18
0.74
0.35
0.39
-0.24
0.09
0.56
0.36
0.02
0.35
-0.17
0.86
0.10
-0.23
-0.03
-0.20
31
0.16
0.18
0.13
0.23
0.21
-0.09
-0.10
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
0.02
0.05
0.10
-0.01
0.38
0.04
-0.09
1.52
-0.04
1.56
-0.52
1.29
1.11
0.18
-1.81
-1.74
-0.07
0.06
0.12
-0.01
0.14
0.26
0.14
-0.03
-0.14
0.02
-0.17
0.07
0.87
0.65
0.22
-0.80
-0.72
-0.08
0.06
0.14
-0.07
0.38
0.40
0.30
0.03
-1.07
0.11
-1.18
0.02
0.83
0.59
0.25
-0.81
-0.43
-0.38
0.06
0.16
0.02
0.25
0.32
-0.17
0.26
2.53
0.05
2.48
-0.64
0.21
0.58
-0.38
-0.85
-0.90
0.05
0.07
0.04
0.10
-0.18
0.22
0.14
0.43
-0.39
-0.03
-0.37
0.06
0.60
0.39
0.21
-0.54
-0.29
-0.25
-0.12
0.11
-0.08
0.16
0.19
0.09
0.19
-0.46
-0.17
-0.29
0.23
0.72
0.67
0.05
-0.49
-0.42
-0.07
-0.19
0.05
0.04
0.00
-0.22
0.12
0.32
0.77
-0.39
1.16
0.14
0.16
0.03
0.13
-0.02
0.15
-0.17
49
50
51
52
53
54
55
56
57
58
59
0.14
0.37
0.17
0.15
0.02
0.20
0.15
0.05
-0.23
-0.14
-0.09
-0.67
-0.23
-0.15
-0.09
-0.06
-0.09
-0.08
-0.01
-0.43
-0.24
-0.19
-0.60
-0.36
0.15
0.26
-0.11
-0.51
-A.47
-0.04
-0.24
-0.17
-0.08
-0.43
-0.35
-0.60
-0.66
0.05
0.25
0.28
-0.02
-0.08
-0.08
-0.01
-0.60
-0.34
-0.39
-0.22
-0.16
0.05
0.08
-0.03
-0.26
-0.05
-0.21
-0.14
-0.02
-0.01
-0.10
0.09
-0.01
-0.01
0.00
-0.12
-0.10
-0.01
0.67
0.71
0.64
0.64
0.00
0.08
0.09
-0.01
-0.04
0.03
-0.07
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.
D-11
Survey of Current Business
December 2012
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, 2005=100]
[Index numbers, 2005=100]
Seasonally adjusted
Seasonally adjusted
Line
2010
2011
2011
III
G ross dom estic p ro d u c t..........
Personal consum ption
e xp en d itu res...................................
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.........
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 (NPISH s)1..........
Gross output of nonprofit
institutions 2 ........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3 ........
G ross private d om estic investm ent
Fixed investment...............................
Nonresidential..............................
Structures.................................
Equipment and software.........
Information processing
equipment and software
Computers and
peripheral equipment
Software 4 .......................
O ther................................
Industrial equipment...........
Transportation equipment
Other equipm ent................
Residential....................................
Change in private inventories.........
Exports..............................................
Goods............................................
S ervices.......................................
Im ports..............................................
Goods............................................
Services........................................
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.........................
2012
IV
I
II
Line
2 104.460 107.103 107.251 107.790 108.443 108.849 109.228
3 104.304 108.263 108.021 109.462 110.722 110.812 111.768
4 104.887 112.395 112.038 115.736 118.937 118.866 121.366
5 80.710 85.117 82.833 88.208 90.938 88.628 90.819
98.552 104.304 104.753 107.237 109.473 109.288 110.858
7 145.602 162.589 164.329 168.960 174.233 177.288 182.097
8 107.841 112.309 113.280 112.235 114.886 117.291 118.628
9 103.888 106.236 106.045 106.510 106.938 107.096 107.397
10 103.779 106.326 106.425 106.500 106.497 106.355 106.579
11 107.683 111.445 110.586 111.521 113.140 111.721 113.189
12 92.595 89.387 88.179 88.294 87.727 89.529 88.672
13 107.886 112.498 112.904 113.768 114.739 114.816 115.416
14 104.554 106.543 106.886 106.970 107.318 107.882 107.975
15
16
17
18
19
103.538
105.440
109.943
85.151
102.795
105.426
106.010
113.724
87.031
105.379
105.648
106.581
113.549
87.554
106.006
105.792
105.651
114.580
87.306
106.163
106.165
105.064
115.617
87.648
106.001
106.573
106.484
115.239
88.279
106.753
106.549
106.841
114.805
88.359
107.962
20 102.093 105.871 106.050 107.279 108.537 108.821 109.121
21 97.888 97.617 98.190 97.683 98.593 98.568 97.346
22 102.042 103.735 103.363 104.126 104.423 104.397 104.610
23 132.040 137.017 141.024 139.265 138.843 144.189 147.923
24 112.614 115.612 115.707 116.607 117.775 117.960 118.079
25 106.592 109.037 108.090 109.683 111.258 110.096 109.280
26 76.327 80.284 79.906 85.959 87.241 87.394 88.813
27 75.326 80.311 81.835 83.807 85.785 86.724 86.879
28 94.148 102.288 104.746 107.156 109.108 110.065 109.446
29 88.308 90.733 93.866 96.449 99.421 99.560 99.290
30 96.822 107.473 109.637 111.972 113.460 114.790 114.011
31 120.283 126.294 126.984 129.060 130.924 130.124 129.189
32
33
34
35
36
37
38
39
40
41
4?
43
44
45
46
47
48
147.033 165.101 170.301 174.897 180.984
118.970 127.154 128.231 130.936 131.563
110.801 110.248 109.096 109.545 111.804
84.339 95.562 98.107 102.970 99.283
65.812 86.247 89.310 95.551 100.004
83.789 94.208 98.198 94.919 97.602
42.862 42.268 42.139 43.361 45.433
171.374
133.533
109.830
102.504
103.729
99.239
46.364
155.653
134.405
110.692
102.522
99.214
101.577
47.931
127.623
128.479
125.805
102.832
101.309
111.507
136.152
137.695
132.793
107.746
106.561
114.630
137.379
138.516
134.954
108.037
106.491
116.906
137.871
140.559
131.896
109.345
108.122
116.402
139.356
141.961
133.573
110.179
108.652
118.950
141.152
144.389
133.940
110.936
109.422
119.637
141.540
144.474
135.012
110.966
109.146
121.356
49
50
51
52
53
54
55
56
57
58
59
109.955
122.883
121.829
118.484
146.044
125.049
123.016
139.916
102.711
103.866
97.973
106.497
119.480
118.683
116.338
135.354
121.114
118.884
137.535
99.224
101.434
90.054
106.189
119.351
120.496
118.672
133.177
116.929
114.452
135.317
98.818
101.140
89.180
105.604
118.024
117.163
114.592
135.583
119.792
117.979
132.984
98.643
100.946
89.085
104.804
116.751
115.031
113.213
127.695
120.317
119.015
129.524
98.103
100.818
86.829
104.622
116.685
114.987
112.619
131.887
120.205
118.946
129.088
97.858
100.552
86.669
105.519
119.366
118.528
116.625
131.804
121.082
120.103
127.765
97.772
100.633
85.892
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.
2011
Gross dom estic p ro d u c t..........
Personal consum ption
e xp e n d itu re s...................................
G oods................................................
Durable goods..............................
Motor vehicles and p a rts........
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 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 (N PISH s)1..........
Gross output of nonprofit
institutions 2.........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3.........
Gross private dom estic investm ent
Fixed investment...............................
Nonresidential...............................
Structures.................................
Equipment and software.........
Information processing
equipment and software
Computers and
peripheral equipment
Software 4........................
Other.................................
Industrial equipment...........
Transportation equipment
Other equipment.................
Residential....................................
Net e xports o f goods and services
E xports..............................................
Goods
Services.........................................
Imports
Goods
Services........................................
G overnm ent 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.........................
2012
2011
III
III
1 103.486 105.356 105.418 106.481 106.999 107.333 108.042
6
2010
IV
I
II
III
1 111.002 113.369 113.937 114.041 114.608 115.050 115.827
2 111.087 113.790 114.293 114.593 115.300 115.496 115.954
3 104.852 108.822 109.633 109.569 110.256 109.743 110.258
4 91.611 90.799 90.960 90.381 90.157 89.888 89.358
5 104.027 107.528 108.638 108.363 108.293 109.425 109.125
6
93.728
92.359
92.603
92.045
92.497
92.443
92.114
7 71.721 66.873 66.310 65.093 64.219 63.258 62.263
8 110.881 114.252 114.490 115.402 115.851 114.447 114.744
9 112.622 119.430 120.626 120.879 122.136 121.472 122.654
10 113.724 118.230 119.154 120.111 120.497 120.720 120.901
11 98.076 99.778 101.113 101.614 102.208 103.457 103.799
12 125.273 157.728 162.297 159.324 165.192 157.431 163.990
13 112.772 114.571 114.749 115.376 116.108 116.244 116.817
14 114.418 116.435 116.772 117.270 117.989 118.576 119.002
15
16
17
18
19
115.078
113.379
115.566
118.125
112.181
117.164
115.037
117.675
121.355
114.064
117.533
115.327
118.035
121.583
114.285
118.065
115.960
118.419
122.592
114.874
118.810
116.391
118.975
123.445
116.300
119.427
116.801
119.566
124.011
116.871
119.896
117.332
120.210
123.771
117.683
20 115.765 118.699 119.445 119.849 120.894 122.045 122.517
21 116.468 118.374 118.844 119.094 120.166 120.690 121.411
22 116.377 118.613 118.928 119.683 120.609 121.435 121.307
23 100.042 100.644 100.328 100.155 100.339 100.337
99.941
24 113.078 115.204 115.441 115.798 116.389 117.020 117.514
25
26
27
28
29
30
118.042
104.854
105.023
105.514
121.158
99.806
120.770
106.439
106.680
107.359
126.850
100.445
121.229
106.686
106.992
107.687
127.882
100.562
121.803
107.013
107.352
108.092
129.302
100.656
122.556
107.292
107.661
108.562
130.167
101.001
123.443
107.647
107.977
108.878
131.198
101.094
124.313
107.783
108.293
109.089
131.533
101.265
31
90.551
89.903
89.739
89.414
89.396
89.250
89.032
32
33
34
35
36
37
38
39
40
41
4?
43
44
45
46
47
48
62.764
100.610
93.052
115.326
103.025
110.669
102.520
60.104
100.546
92.868
118.784
105.059
112.253
103.406
59.682
100.560
92.638
119.460
105.206
112.840
103.650
59.064
100.522
92.117
119.657
105.515
114.090
103.812
58.959
100.465
92.216
120.377
106.581
114.630
103.439
58.632
100.356
92.151
120.928
106.388
115.440
103.754
58.735
99.965
91.978
120.958
107.220
116.398
104.492
110.738
109.828
112.740
112.989
112.520
114.714
117.860
118.182
116.972
121.851
122.482
118.126
118.992
119.393
117.910
122.466
123.143
118.532
117.839
117.920
117.520
122.463
123.328
117.614
118.652
118.617
118.609
124.156
125.262
118.117
118.802
118.511
119.385
122.942
123.743
118.399
118.953
118.778
119.251
120.897
121.333
118.131
49
50
51
52
53
54
55
56
57
58
59
117.334
113.583
113.951
115.161
106.355
112.843
114.415
102.631
119.579
118.853
122.606
121.233
116.721
117.411
118.894
108.212
115.337
117.100
103.961
124.001
123.474
126.079
121.898
117.365
118.047
119.572
108.602
115.994
117.801
104.346
124.678
124.155
126.729
121.903
117.111
117.780
119.338
108.133
115.764
117.499
104.548
124.866
124.104
128.079
122.979
118.038
119.008
120.695
108.582
116.096
117.848
104.769
126.042
125.320
129.051
123.157
118.403
119.268
120.921
109.054
116.664
118.451
105.114
126.089
125.170
130.082
123.568
118.670
119.528
121.249
108.894
116.946
118.769
105.167
126.601
125.660
130.698
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.
D-12
National Data
December 2012
Table 1.5.5. Gross Domestic Product, Expanded Detail
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
G ross dom estic p ro d u ct........................................................................................................
Personal consum ption e xp en d itu res..........................................................................................
G oods.............................................................................................................................................
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 (NPISH s)1
Gross output of nonprofit institutions2...............................................................................
Less; Receipts from sales of goods and services by nonprofit institutions 3 ...............
G ross private dom estic investm ent.............................................................................................
Fixed investment............................................................................................................................
Nonresidential............................................................................................................................
Structures..............................................................................................................................
Equipment and software......................................................................................................
Information processing equipment and software.........................................................
Computers and peripheral equipm ent......................................................................
Software 4.....................................................................................................................
Other..............................................................................................................................
Industrial equipm ent........................................................................................................
Transportation equipment...............................................................................................
Other equipment...............................................................................................................
Residential.................................................................................................................................
Change in private inventories.......................................................................................................
Farm............................................................................................................................................
Nonfarm......................................................................................................................................
Net e xports o f goods and se rv ic e s .............................................................................................
Exports............................................................................................................................................
G oods.........................................................................................................................................
Services......................................................................................................................................
Imports............................................................................................................................................
G oods.........................................................................................................................................
Services......................................................................................................................................
G overnm ent consum ption expenditures and gross in ve stm e n t..........................................
Federal............................................................................................................................................
National defense........................................................................................................................
Consumption expenditures..................................................................................................
Gross investment..................................................................................................................
Nondefense................................................................................................................................
Consumption expenditures..................................................................................................
Gross investment..................................................................................................................
State and lo ca l...............................................................................................................................
Consumption expenditures......................................................................................................
Gross investment......................................................................................................................
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
14,498.9
10,215.7
3,364.9
1,079.4
342.7
241.3
326.7
168.7
2,285.5
760.6
331.6
352.4
840.8
6,850.9
6,571.2
1,891.9
1,663.0
287.6
378.5
631.0
796.3
922.8
279.7
1,113.4
833.7
1,737.3
1,679.0
1,338.4
376.3
962.1
517.7
72.8
260.9
183.9
155.3
123.2
165.9
340.6
58.4
-7.3
65.7
-511.6
1,844.4
1,278.5
565.9
2,356.1
1,947.0
409.1
3,057.5
1,223.1
817.7
702.5
115.3
405.3
353.3
52.1
1,834.4
1,496.2
338.2
15,075.7
10,729.0
3,624.8
1,146.4
373.6
251.7
340.1
181.0
2,478.4
810.2
349.2
428.3
890.7
7,104.2
6,812.3
1,929.9
1,751.6
302.0
394.5
670.9
807.1
956.2
291.9
1,164.5
872.5
1,854.9
1,818.3
1,479.6
404.8
1,074.7
539.6
78.3
278.7
182.6
181.2
164.7
189.2
338.7
36.6
-6.1
42.7
-568.1
2,094.2
1,474.5
619.7
2,662.3
2,229.2
433.0
3,059.8
1,222.1
820.8
712.1
108.7
401.3
349.4
51.8
1,837.7
1,518.0
319.7
15,163.2
10,791.2
3,643.6
1,144.8
367.4
253.5
341.0
182.9
2,498.7
817.3
351.1
435.0
895.3
7,147.6
6,848.1
1,945.2
1,754.2
304.4
397.6
676.3
815.0
955.3
299.6
1,167.8
868.2
1,853.8
1,857.8
1,519.4
421.8
1,097.6
541.6
80.3
281.1
180.3
187.0
170.7
198.2
338.5
-4.1
-4.8
0.7
-549.5
2,133.3
1,498.5
634.8
2,682.8
2,239.6
443.2
3,067.7
1,227.5
837.8
730.5
107.3
389.7
338.5
51.2
1,840.2
1,522.0
318.3
2012
IV
15,321.0
10,873.8
3,690.0
1,175.1
390.3
257.9
344.2
182.7
2,515.0
824.4
355.9
427.6
907.1
7,183.8
6,888.5
1,938.9
1,775.9
306.1
400.3
686.4
812.5
968.4
295.3
1,180.5
885.2
1,991.1
1,909.0
1,560.1
438.2
1,122.0
548.5
81.6
286.9
180.0
196.6
183.1
193.7
348.8
82.1
-3.1
85.2
-594.8
2,120.3
1,501.9
618.4
2,715.1
2,277.3
437.8
3,051.0
1,211.2
812.8
704.0
108.8
398.4
348.0
50.4
1,839.7
1,518.4
321.3
I
II
15,478.3
11,007.2
3,755.9
1,204.6
402.1
264.6
350.2
187.7
2,551.3
827.0
363.1
440.5
920.6
7,251.3
6,956.4
1,935.2
1,800.4
309.4
404.6
700.5
827.5
978.7
295.0
1,198.4
903.5
2,032.2
1,959.7
1,595.5
454.7
1,140.8
556.3
84.3
288.1
183.9
190.7
193.6
200.1
364.2
72.6
-4 A
76.7
-615.8
2,157.9
1,525.8
632.1
2,773.7
2,324.3
449.3
3,054.6
1,207.7
806.4
703.5
102.9
401.3
352.1
49.2
1,846.9
1,531.4
315.5
15,585.6
11,067.2
3,741.5
1,200.3
396.0
264.0
351.0
189.4
2,541.2
827.5
363.0
428.5
922.3
7,325.7
7,019.4
1,968.3
1,803.5
313.0
409.5
709.0
830.9
985.2
306.3
1,206.8
900.5
2,041.7
1,986.9
1,614.1
458.9
1,155.2
552.0
79.3
292.1
180.5
197.8
200.5
204.9
372.8
54.8
-12.7
67.5
-576.9
2,188.5
1,550.5
637.9
2,765.4
2,312.4
453.0
3,053.7
1,210.7
807.8
701.1
106.7
402.9
353.7
49.2
1,843.0
1,525.5
317.5
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.
III
15,797.4
11,149.8
3,791.4
1,218.3
404.6
266.8
354.9
192.0
2,573.1
830.4
368.9
442.0
931.7
7,358.3
7,045.3
1,983.9
1,806.3
312.7
417.0
713.7
825.5
986.1
313.0
1,213.2
900.1
2,080.4
1,996.3
1,608.2
458.8
1,149.3
546.7
72.2
292.9
181.6
197.9
193.2
211.5
388.1
84.1
-26.3
110.4
-522.9
2,197.3
1,554.9
642.3
2,720.1
2,261.7
458.5
3,090.1
1,241.3
834.5
728.0
106.5
406.8
358.1
48.7
1,848.8
1,532.7
316.1
December 2012
D-13
Survey of Current Business
Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
2010
III
G ross dom estic p ro d u ct........................................................................................................
Personal consum ption e xp en d itu res..........................................................................................
G oods.............................................................................................................................................
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)'
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 and software......................................................................................................
Information processing equipment and software.........................................................
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
26
27
28
29
30
31
Software 5.....................................................................................................................
O ther..............................................................................................................................
Industrial equipm ent........................................................................................................
Transportation equipment...............................................................................................
Other equipment..............................................................................................................
Residential.................................................................................................................................
Change in private inventories.......................................................................................................
Farm............................................................................................................................................
Nonfarm......................................................................................................................................
Net e xports of goods and s e rv ic e s .............................................................................................
Exports............................................................................................................................................
G oods.........................................................................................................................................
Services......................................................................................................................................
Imports............................................................................................................................................
G oods.........................................................................................................................................
Services.....................................................................................................................................
G overnment consum ption expenditures and gross in ve stm e n t..........................................
Federal............................................................................................................................................
National defense.......................................................................................................................
Consumption expenditures.................................................................................................
Gross investment..................................................................................................................
Nondefense................................................................................................................................
Consumption expenditures.................................................................................................
Gross investment..................................................................................................................
State and local...............................................................................................................................
Consumption expenditures......................................................................................................
Gross investment......................................................................................................................
Residual..............................................................................................................................................
33
34
35
36
3/
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
2012
2011
2011
IV
I
II
III
13,063.0
9,196.2
3,209.1
1,178.3
329.5
257.5
455.5
152.1
2,029.3
668.8
338.1
281.3
745.6
5,987.6
5,710.2
1,668.7
1,439.0
243.5
337.4
545.1
683.7
793.0
279.5
984.6
706.3
1,658.0
1,598.7
1,268.5
310.6
963.9
571.7
13,299.1
9,428.8
3,331.0
1,262.6
347.4
272.5
508.6
158.4
2,075.2
685.3
350.0
271.5
777.4
6,101.5
5,814.3
1,677.7
1,488.5
248.9
345.9
565.2
681.8
806.1
290.1
1,010.8
722.5
1,744.0
1,704.5
1,378.2
319.2
1,070.0
600.2
13,306.9
9,441.9
3,323.5
1,258.6
338.1
273.7
514.0
159.8
2,071.4
685.9
347.3
267.9
780.3
6,121.1
5,826.6
1,686.7
1,486.2
250.4
347.9
566.2
685.8
803.2
298.6
1,011.6
716.2
1,735.8
1,736.8
1,411.3
330.2
1,091.5
603.5
13,441.0
9,489.3
3,367.9
1,300.1
360.1
280.2
528.5
158.3
2,080.5
686.4
350.2
268.2
786.2
6,126.0
5,834.5
1,672.0
1,499.7
249.7
348.5
572.8
682.2
809.2
294.8
1,019.5
726.7
1,867.3
1,778.7
1,443.7
339.3
1,114.8
613.4
13,506.4
9,546.8
3,406.6
1,336.1
371.2
286.0
545.0
162.1
2,088.9
686.4
355.3
266.5
792.9
6,145.9
5,855.1
1,662.7
1,513.3
250.6
347.9
579.5
688.6
811.5
293.9
1,029.7
737.2
1,895.1
1,820.6
1,470.0
349.7
1,129.6
622.2
13,548.5
9,582.5
3,409.4
1,335.3
361.8
285.5
554.6
165.5
2,092.0
685.4
350.8
272.0
793.5
6,178.2
5,877.6
1,685.2
1,508.4
252.4
350.4
581.0
688.4
811.3
305.3
1,031.3
729.5
1,898.4
1,840.6
1,482.9
350.2
1,142.8
618.4
13,638.1
9,615.9
3,438.8
1,363.4
370.7
289.7
569.6
167.3
2,097.9
686.9
355.4
269.4
797.6
6,183.5
5,876.3
1,690.8
1,502.7
252.7
354.4
582.6
679.9
812.9
313.2
1,032.4
724.1
1,929.3
1,843.9
1,474.6
349.3
1,135.1
614.0
259.4
197.6
134.6
119.6
149.9
332.2
50.9
-6.2
58.0
-419.7
1,665.6
1,164.1
501.9
2,085.2
1,730.3
356.6
2,605.8
1,076.8
717.6
610.0
108.4
359.2
308.8
50.7
1,534.1
1,258.9
275.8
-17.5
277.2
196.7
152.6
156.7
168.6
327.6
31.0
-3.8
36.5
-408.0
1,776.9
1,247.6
529.8
2,184.9
1,820.0
366.6
2,523.9
1,047.0
699.1
599.0
100.4
347.9
298.4
49.9
1,482.0
1,229.4
253.6
-57.4
279.5
194.6
156.6
162.3
175.7
326.6
-4.3
-2.8
-0.9
-397.9
1,792.9
1,255.1
538.4
2,190.8
1,818.8
373.9
2,516.6
1,045.9
709.8
611.0
98.8
335.9
287.3
49.1
1,475.9
1,225.8
251.1
-61.9
285.4
195.4
164.4
173.6
169.9
336.0
70.5
-1.6
74.4
-418.0
1,799.3
1,273.6
526.2
2,217.3
1,846.7
372.3
2,502.7
1,034.2
690.1
590.0
100.6
344.1
296.1
48.2
1,473.3
1,223.5
250.8
-68.8
286.8
199.4
158.5
181.7
174.7
352.1
56.9
-2.6
62.0
-415.5
1,818.7
1,286.3
532.9
2,234.2
1,855.8
380.4
2,483.7
1,023.1
677.6
582.9
94.8
345.6
298.7
47.0
1,465.3
1,221.9
244.5
-83.5
291.1
195.9
163.6
188.5
177.6
359.3
41.4
-7.9
53.2
-407.4
1,842.1
1,308.3
534.4
2,249.6
1,868.9
382.6
2,479.4
1,022.5
677.3
579.8
97.9
345.3
298.6
46.8
1,461.6
1,218.7
244.0
-83.2
293.0
197.4
163.7
180.3
181.8
371.5
61.3
-19.4
89.7
-403.0
1,847.2
1,309.1
538.7
2,250.2
1,864.2
388.1
2,500.7
1,046.0
698.2
600.4
97.8
347.8
301.5
46.3
1,460.3
1,219.7
241.8
-85.9
V
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.
N ote . The residual line is the difference between the first line and the sum of the most detailed lines.
D-14
National Data
December 2012
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 numbers, 2005=100]
[Percent]
Seasonally adjusted
Line
Gross dom estic p urch a se s...........
Personal consum 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 footwear..............
Gasoline and other energy
goods .....................................
Other nondurable goods...........
Services..............................................
Household consumption
expenditures...............................
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)...............
G ross private dom estic investment
Fixed investment.................................
Nonresidential................................
Structures...................................
Equipment and software...........
Information processing
equipment and software...
Computers and peripheral
equipment.....................
Software 1.........................
O ther..................................
Industrial equipment.............
Transportation equipment....
Other equipm ent...................
Residential......................................
Chanae in private inventories...........
Nonfarm...........................................
Governm ent 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.......................
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 energy............................
Gross domestic product....................
Gross domestic product
excluding final sales of
com puters..............................
Food 3 .........................................
Energy goods and services.....
Gross domestic product
excluding food and energy...
Final sales of domestic product........
Final sales to domestic purchasers
Implicit price deflator for gross
domestic purchases......................
2010
2011
2011
Seasonally adjusted at annual rates
2012
III
IV
I
II
1
2
3
4
5
111.421
111.087
104.852
91.611
104.027
114.208
113.790
108.822
90.799
107.528
114.709
114.293
109.633
90.960
108.638
114.958
114.593
109.569
90.381
108.363
115.674
115.300
110.256
90.157
108.293
115.888
115.496
109.743
89.888
109.425
6
93.728
92.359
92.603
92.045
92.497
92.443
7
8
9
71.721
110.881
112.622
66.873
114.252
119.430
66.310
114.490
120.626
65.093
115.402
120.879
64.219
115.851
122.136
63.258
114.447
121.472
10
11
113.724
98.076
118.230
99.778
119.154
101.113
120.111
101.614
120.497
102.208
120.720
103.457
12
13
14
125.273
112.772
114.418
157.728
114.571
116.435
162.297
114.749
116.772
159.324
115.376
117.270
165.192
116.108
117.989
157.431
116.244
118.576
15
16
17
18
19
115.078
113.379
115.566
118.125
112.181
117.164
115.037
117.675
121.355
114.064
117.533
115.327
118.035
121.583
114.285
118.065
115.960
118.419
122.592
114.874
118.810
116.391
118.975
123.445
116.300
119.427
116.801
119.566
124.011
116.871
20
115.765
118.699
119.445
119.849
120.894
122.045
21
22
116.468
116.377
118.374
118.613
118.844
118.928
119.094
119.683
120.166
120.609
120.690
121.435
23
24
25
26
27
28
100.042
104.854
105.023
105.514
121.158
99.806
100.644
106.439
106.680
107.359
126.850
100.445
100.328
106.686
106.992
107.687
127.882
100.562
100.155
107.013
107.352
108.092
129.302
100.656
100.339
107.292
107.661
108.562
130.167
101.001
100.337
107.647
107.977
108.878
131.198
101.094
29
90.551
89.903
89.739
89.414
89.396
89.250
30
31
32
33
34
35
36
37
38
39
62.764
100.610
93.052
115.326
103.025
110.669
102.520
60.104
100.546
92.868
118.784
105.059
112.253
103.406
59.682
100.560
92.638
119.460
105.206
112.840
103.650
59.064
100.522
92.117
119.657
105.515
114.090
103.812
58.959
100.465
92.216
120.377
106.581
114.630
103.439
58.632
100.356
92.151
120.928
106.388
115.440
103.754
40
41
42
43
44
45
46
47
48
49
50
117.334
113.583
113.951
115.161
106.355
112.843
114.415
102.631
119.579
118.853
122.606
121.233
116.721
117.411
118.894
108.212
115.337
117.100
103.961
124.001
123.474
126.079
121.898
117.365
118.047
119.572
108.602
115.994
117.801
104.346
124.678
124.155
126.729
121.903
117.111
117.780
119.338
108.133
115.764
117.499
104.548
124.866
124.104
128.079
122.979
118.038
119.008
120.695
108.582
116.096
117.848
104.769
126.042
125.320
129.051
123.157
118.403
119.268
120.921
109.054
116.664
118.451
105.114
126.089
125.170
130.082
51
58.651
54.725
54.084
53.112
52.604
52.127
52
53
54
112.095
113.707
121.186
114.993
117.760
140.730
115.513
118.556
143.613
115.785
119.558
141.700
116.523
119.923
144.313
116.750
120.118
139.316
5b
56
110.912
111.002
112.995
113.369
113.394
113.937
113.682
114.041
114.348
114.608
114.745
115.050
b/
58
59
111.542
114.407
94.135
113.974
119.199
98.230
114.556
120.171
103.761
114.672
120.896
96.912
115.245
121.328
92.319
115.699
122.175
93.460
60
61
62
111.133
110.993
111.420
113.317
113.371
114.219
113.728
113.948
114.728
113.983
114.056
114.981
114.704
114.628
115.703
115.104
115.065
115.911
63
111.412
114.198
114.721
114.905
115.665
115.873
Line
2011
III
116.294
G ross dom estic purchases............
115.954
Personal consum ption expenditures
Goods..................................................
110.258
Durable goods................................
89.358
109.125
Motor vehicles and parts..........
Furnishings and durable
92.114
household equipment...........
Recreational goods and
62.263
vehicles..................................
114.744
Other durable goods..................
122.654
Nondurable goods.........................
Food and beverages purchased
120.901
for off-premises consumption
103.799
Clothing and footwear...............
Gasoline and other energy
163.990
goods......................................
116.817
Other nondurable goods...........
119.002
Services...............................................
Household consumption
119.896
expenditures...............................
117.332
Housing and utilities..................
Health care.................................
120.210
123.771
Transportation services............
117.683
Recreation services...................
Food services and
122.517
accommodations...................
Financial services and
121.411
insurance................................
121.307
Other services...........................
Final consumption expenditures of
nonprofit institutions serving
99.941
households (NPISHs)...............
Gross private dom estic investm ent
107.783
108.293
Fixed investment.................................
109.089
Nonresidential................................
131.533
Structures...................................
101.265
Equipment and software...........
Information processing
89.032
equipment and software...
Computers and peripheral
equipm ent.....................
58.735
99.965
Software 1 .........................
O ther..................................
91.978
120.958
Industrial equipment.............
107.220
Transportation equipment....
Other equipment....................
116.398
104.492
Residential......................................
G overnm ent consum ption
expenditures and gross
123.568
investm ent..........................................
Federal.................
118.670
119.528
National defense.............................
121.249
Consumption expenditures.......
108.894
Gross investment.......................
116.946
Nondefense....
118.769
Consumption expenditures.......
Gross investment.......................
105.167
126.601
State and local....................................
125.660
Consumption expenditures.......
Gross investment.......................
130.698
Addenda:
Final sales of computers to domestic
51.887
purchasers 2...................................
Gross domestic purchases excluding
final sales of computers to
117.167
domestic purchasers.....................
119.932
Food 3..................................................
142.759
Energy goods and services..............
Gross domestic purchases excluding
115.072
food and energy..............................
115.827
Gross domestic product.....................
Gross domestic product
excluding final sales of
116.496
computers...............................
123.701
Food 3..........................................
106.273
Energy goods and services.....
Gross domestic product
115.478
excluding food and energy...
115.870
Final sales of domestic product........
116.342
Final sales to domestic purchasers
Implicit price deflator for gross
116.300
domestic purchases4....................
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.
2010
2011
2012
III
IV
I
II
III
2.3
2.3
3.0
-0.6
3.8
0.9
1.1
-0.2
-2.5
-1.0
2.5
2.5
2.5
-1.0
-0.3
0.7
0.7
-1.8
-1.2
4.2
1.4
1.6
1.9
-2.3
-1.1
1
2
3
4
5
1.6
1.9
1.7
-1.3
6.2
2.5
2.4
3.8
-0.9
3.4
6
-4.2
-1.5
0.1
-2.4
2.0
-0.2
-1.4
7
8
9
-7.3
0.5
3.2
-6.8
3.0
6.0
-7.0
2.0
4.7
-7.1
3.2
0.8
-5.3
1.6
4.2
-5.9
-4.8
-2.2
-6.1
1.0
3.9
10
11
0.3
-0.7
4.0
1.7
5.1
10.6
3.3
2.0
1.3
2.4
0.7
5.0
0.6
1.3
12
13
14
18.2
1.8
2.0
25.9
1.6
1.8
6.6
1.3
2.0
-7.1
2.2
1.7
15.6 -17.5
2.6
0.5
2.5
2.0
17.7
2.0
1.4
15
16
17
18
19
2.2
0.3
2.5
2.1
1.1
1.8
1.5
1.8
2.7
1.7
2.3
2.3
1.9
1.6
1.3
1.8
2.2
1.3
3.4
2.1
2.5
1.5
1.9
2.8
5.1
2.1
1.4
2.0
1.8
2.0
20
1.4
2.5
3.7
1.4
3.5
3.9
1.6
21
22
6.9
2.5
1.6
1.9
2.8
2.1
0.8
2.6
3.6
3.1
1.8
2.8
2.4
-0.4
23
24
25
26
27
28
-1.1
-1.3
-1.2
-1.5
-1.1
-1.6
0.6
1.5
1.6
1.7
4.7
0.6
-3.9
1.6
1.8
1.9
5.7
0.5
-0.7
1.2
1.4
1.5
4.5
0.4
0.7
1.0
1.2
1.8
2.7
1.4
0.0
1.3
1.2
1.2
3.2
0.4
-1.6
0.5
1.2
0.8
1.0
0.7
29
-1.5
-0.7
-1.3
-1.4
-0.1
-0.7
-1.0
30
31
32
33
34
35
36
37
38
19
-3.9
-1.0
-1.2
1.2
-6.3
-2.4
-0.2
-4 2
-0.1
-0.2
3.0
2.0
1.4
0.9
-4.9
0.1
-1.9
3.0
-0.1
4.1
1.4
-4.1
-0.2
-2.2
0.7
1.2
4.5
0.6
-0.7
-0.2
0.4
2.4
4.1
1.9
-1.4
-2.2
-0.4
-0.3
1.8
-0.7
2.9
1.2
0.7
-1.5
-0.7
0.1
3.2
3.4
2.9
40
41
42
43
44
45
46
47
48
49
50
2.4
2.4
2.3
2.6
0.7
2.4
2.8
-0.2
2.4
2.9
0.2
3.3
2.8
3.0
3.2
1.7
2.2
2.3
1.3
3.7
3.9
2.8
2.4
2.2
2.3
2.4
1.8
2.1
2.1
2.1
2.6
2.2
4.4
0.0
-0.9
-0.9
-0.8
-1.7
-0.8
-1.0
0.8
0.6
-0.2
4.3
3.6
3.2
4.2
4.6
1.7
1.2
1.2
0.8
3.8
4.0
3.1
0.6
1.2
0.9
0.8
1.8
2.0
2.1
1.3
0.1
-0.5
3.2
1.3
0.9
0.9
1.1
-0.6
1.0
1.1
0.2
1.6
1.6
1.9
51
-5.2
-6.7
-8.7
-7.0
-3.8
-3.6
-1.8
52
53
54
1.7
0.3
10.5
2.6
3.6
16.1
2.4
4.7
4.8
0.9
3.4
-5.2
2.6
0.8
1.2
0.7
7.6 -13.1
1.4
-0.6
10.3
55
56
1.4
1.3
1.9
2.1
2.0
3.0
1.0
0.4
57
58
59
1.4
-0.2
-3.9
2.2
4.2
4.4
60
61
62
1.6
1.3
1.6
2.0
2.1
2.5
2.1
3.0
2.3
0.9
0.4
0.9
63
1.6
2.5
2.3
0.6
1.6
1.8
2.2
-0.8
2.8
2.4
2.0
1.4
1.6
1.1
2.7
0.4
3.0
2.0
2.4
1.4
6.3
37.9 -23.9 -17.7
1.6
2.8
5.0
2.8
5.1
67.2
2.6
2.0
2.5
1.4
1.5
0.7
1.3
2.8
1.5
2.7
0.7
1.5
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 classi
fied in food services.
4. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.6.4.
D-15
Survey of Current Business
December 2012
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
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Percent change at annual rate:
G ross dom estic p u rch a se s...........
Percentage points at annual rates:
Personal consum 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
tor off-premises consumption
Clothing and footwear..............
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)...............
G ross private d om estic investment
Fixed investment.................................
Nonresidential................................
Structures...................................
Equipment and software...........
Information processing
equipment and software...
Computers and peripheral
equipment.....................
Software 1.........................
O ther..................................
Industrial equipment.............
Transportation equipment....
Other equipm ent...................
Residential......................................
Change in private inventories...........
Farm ................................................
Nonfarm...........................................
Governm ent 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.......................
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 energy.............................
Line
2012
IV
I
II
1
1.6
2.5
2.3
0.9
2.5
0.7
1.4
2
3
4
5
1.30
0.38
-0.10
0.14
1.66
0.86
-0.07
0.08
1.59
0.69
-0.05
0.09
0.71
-0.06
-0.19
-0.02
1.70
0.59
-0.07
-0.01
0.47
-0.43
-0.09
0.10
1.09
0.44
-0.18
-0.03
6
-0.07
-0.02
0.00
-0.04
0.03
0.00
-0.02
7
8
9
-0.17
0.01
0.47
-0.15
0.03
0.92
-0.16
0.02
0.73
-0.16
0.04
0.13
-0.12
0.02
0.66
-0.13
-0.06
-0.34
-0.14
0.01
0.61
10
11
0.02
-0.02
0.20
0.04
0.26
0.22
0.17
0.04
0.07
0.05
0.04
0.11
0.03
0.03
12
13
14
0.37
0.10
0.93
0.59
0.09
0.81
0.18
0.07
0.90
-0.20
0.12
0.77
0.40
0.15
1.11
-0.52
0.03
0.90
0.44
0.11
0.65
15
16
17
18
19
0.95
0.04
0.28
0.04
0.03
0.79
0.18
0.20
0.05
0.04
0.98
0.28
0.21
0.03
0.03
0.78
0.27
0.14
0.06
0.05
1.10
0.18
0.21
0.05
0.13
0.90
0.17
0.22
0.04
0.05
0.68
0.22
0.24
-0.01
0.07
20
0.06
0.11
0.16
0.06
0.15
0.17
0.07
21
22
0.35
0.16
0.09
0.12
0.14
0.12
0.04
0.15
0.19
0.19
0.09
0.17
0.12
-0.03
23
24
25
26
27
28
-0.02
-0.15
-0.14
-0.14
-0.03
-0.11
0.01
0.18
0.18
0.16
0.12
0.04
-0.08
0.21
0.21
0.18
0.14
0.04
-0.01
0.16
0.16
0.15
0.12
0.03
0.01
0.13
0.14
0.17
0.08
0.10
0.00
0.17
0.14
0.12
0.09
0.03
-0.03
0.06
0.14
0.08
0.03
0.05
29
-0.05
-0.03
-0.04
-0.05
0.00
-0.02
-0.03
30
31
32
33
34
35
36
37
38
39
-0.02
-0.02
-0.01
0.01
-0.04
-0.03
0.00
-0.01
0.00
-0.01
-0.02
0.00
0.00
0.03
0.02
0.02
0.02
0.00
-0.01
0.01
-0.03
0.00
-0.02
0.03
0.00
0.05
0.03
0.00
0.00
0.00
-0.02
0.00
-0.03
0.01
0.01
0.05
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.05
0.02
-0.03
-0.01
0.00
-0.01
-0.01
-0.01
0.00
0.02
-0.01
0.04
0.03
0.02
0.00
0.03
0.00
-0.03
-0.01
0.00
0.04
0.04
0.07
-0.08
-0.06
-0.02
40
41
42
43
44
45
46
47
48
49
50
0.49
0.19
0.13
0.12
0.01
0.06
0.06
0.00
0.30
0.29
0.00
0.66
0.22
0.16
0.15
0.01
0.06
0.05
0.00
0.44
0.38
0.06
0.47
0.18
0.12
0.11
0.01
0.06
0.05
0.01
0.29
0.21
0.09
0.00
-0.07
-0.05
-0.04
-0.01
-0.02
-0.02
0.00
0.07
-0.02
0.09
0.68
0.24
0.21
0.20
0.01
0.03
0.03
0.00
0.44
0.38
0.06
0.11
0.09
0.04
0.03
0.01
0.05
0.04
0.00
0.02
-0.05
0.06
0.25
0.07
0.04
0.05
0.00
0.02
0.02
0.00
0.19
0.15
0.04
51
-0.05
-0.06
-0.08
-0.06
-0.03
-0.03
-0.02
52
53
54
1.69
0.02
0.38
2.56
0.18
0.61
2.35
0.24
0.21
0.94
0.18
-0.22
2.55
0.07
0.31
0.78
0.03
-0.55
1.42
-0.03
0.39
55
1.25
1.71
1.82
0.91
2.14
1.26
1.04
2011
2011
Gross dom estic p ro d u c t............
Plus: Income receipts from the
rest of the w orld.........................
Less: Income payments to the rest
of the w orld.................................
Equals: G ross national product
Less: Consumption of fixed capital
Private...........................
Government...................
General government
Government
enterprises...........
Equals: Net national p ro d u ct....
Addenda:
Gross domestic income 1 .........
Gross national income 2...........
Net domestic product................
Net domestic income 3 .............
Net domestic purchases...........
Gross national product, current
dollars.....................................
1
2.4
1.8
2012
IV
III
I
4.1
1.3
II
III
2.0
1.3
2.7
-0.9
2
10.0
6.7
-6.1
-2.1
-10.9
2.1
3
4
5
6
7
8
-0.1
2.8
0.7
0.3
2.8
2.8
2.4
2.0
1.5
1.4
2.3
2.2
-13.5
1.4
1.9
1.9
2.0
1.9
-6.5
4.1
2.3
2.4
1.8
1.7
23.5
0.6
2.1
2.3
1.5
1.5
-18.6
2.1
2.2
2.3
1.6
1.5
-2.4
2.7
2.1
2.2
1.7
1.6
9
10
2.9
3.1
2.4
2.1
2.3
1.4
2.1
4.4
1.9
0.4
2.0
2.0
2.2
2.7
11
12
13
14
15
3.1
3.5
2.6
3.5
3.1
1.8
2.0
1.8
1.8
1.7
-0.2
0.0
1.2
-0.6
1.1
4.5
4.5
4.4
4.8
4.9
3.8
2.4
1.9
4.1
1.8
-0.7
0.1
1.1
-1.1
0.8
1.7
1.7
2.8
1.6
2.5
16
4.2
4.2
4.5
4.3
2.8
3.6
5.5
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.
Table 1.7.3. Real Gross Domestic Product, Real Gross National Product,
and Real Net National Product, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
III
G ross dom estic p ro d u c t............
Plus: Income receipts from the
rest of the w orld .........................
Less: Income payments to the rest
of the w orld.................................
Equals: G ross national product
Less: Consumption of fixed capital
Private...........................
Government...................
General government
Government
enterprises...........
Equals: Net national p ro d u ct....
Addenda:
Net domestic product................
Net domestic purchases...........
2012
2011
IV
I
II
III
1 103.486 105.356 105.418 106.481 106.999 107.333 108.042
2 112.522 120.100 120.444 119.802 116.402 117.004 116.727
3
4
5
6
7
8
95.536
104.193
113.505
113.058
115.508
116.126
97.853
106.304
115.244
114.609
118.129
118.720
97.250
106.404
115.464
114.811
118.434
119.019
95.635
107.490
116.116
115.489
118.964
119.536
100.808
107.655
116.735
116.142
119.421
119.974
95.764
108.204
117.365
116.805
119.901
120.430
95.173
108.917
117.978
117.441
120.406
120.908
9 112.446 115.196 115.527 116.123 116.674 117.264 117.896
10 102.906 105.066 105.150 106.293 106.397 106.935 107.661
11 102.091 103.978 104.019 105.136 105.640 105.934 106.656
12 99.323 101.008 100.961 102.184 102.638 102.847 103.482
Table 1.7.4. Price Indexes for Gross Domestic Product,
Gross National Product, and Net National Product
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
G ross dom estic p ro d u c t............
Plus: Income receipts from the
rest of the w orld.........................
Less: Income payments to the rest
of the w orld.................................
Equals: Gross national product
Less: Consumption of fixed capital
Private...........................
Government...................
General government
Government
enterprises...........
Equals: Net national p ro d u c t....
Addenda:
Net domestic product................
Net domestic purchases...........
2012
2011
III
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.
2010
III
IV
I
II
III
1 111.002 113.369 113.937 114.041 114.608 115.050 115.827
2 111.124 113.871 114.304 114.653 115.383 115.610 116.096
3
4
5
6
7
8
111.564
110.986
107.082
105.520
115.237
114.796
114.200
113.363
109.032
107.300
118.042
117.439
114.645
113.928
109.508
107.730
118.754
118.155
114.925
114.038
109.881
108.073
119.274
118.570
115.615
114.609
110.317
108.459
119.965
119.211
115.796
115.050
110.825
108.910
120.760
119.960
116.222
115.824
111.029
109.071
121.180
120.296
9 117.492 121.129 121.817 122.880 123.828 124.854 125.707
10 111.583 114.024 114.603 114.673 115.265 115.695 116.555
11 111.609 114.040 114.623 114.685 115.272 115.704 116.569
12 112.059 114.971 115.475 115.706 116.463 116.634 117.069
National Data
D-16
December 2012
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 (2005) dollars]
Seasonally adjusted at annual rates
Line
2010
2011
III
Gross 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: Gross national product
Less: Consumption of fixed
capital.........................................
Private..........................
Domestic business
Capital
consumption
allowances.....
Less: Capital
consumption
adjustment.....
Households and
institutions...........
Government..................
General government
Government
enterprises..........
Equals: Net national product. ..
Less: Statistical discrepancy ...
Equals: National incom e...........
Less: Corporate profits with
inventory valuation and capital
consumption adjustments........
Taxes on production and
imports less subsidies
Contributions for
government social
insurance, dom estic....
Net interest and
miscellaneous
payments on assets....
Business current transfer
payments (net)............
Current surplus of
government
enterprises...................
Wage accruals less
disbursements.............
Plus: Personal income receipts on
assets.........................................
Personal current transfer
receipts.........................
Equals: Personal in co m e ..........
Addenda:
Gross domestic income...........
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
2012
2011
IV
I
Line
716.5
783.7
788.9
787.1
769.6
775.1
776.5
5
6
7
1,873.4
1,539.9
1,245.0
1,936.8
1,587.4
1,285.7
1,948.9
1,596.5
1,293.9
1,966.6
1,611.0
1,306.8
1,984.9
1,625.9
1,321.3
2,004.8
1,642.0
1,335.1
2,019.0
1,653.4
1,343.4
8
1,316.0
1,509.5
1,514.5
1,526.6
1,240.2
1,251.9
1,263.3
9
71.0
223.8
220.6
219.8
-81.1
-83.1
-80.2
10
11
12
294.9
333.5
278.2
301.7
349.4
291.0
302.6
352.4
293.5
304.2
355.5
295.8
304.6
359.0
298.5
306.9
362.8
301.5
309.9
365.6
303.5
58.4
59.7
61.3
62.1
13
55.3
58.9
60.5
14 12,834.8 13,390.8 13,472.6 13,618.4 13,708.3 13,828.1 14,028.6
77.7
23.3
70.3
1.1
116.8
15
31.9
82.5
16 12,811.4 13,358.9 13,390.1 13,548.1 13,707.2 13,750.5 13,911.8
17
1,702.4
1,827.0
1,830.5
1,953.1
1,900.1
1,921.9
1,989.2
18
998.0
1,036.2
1,035.7
1,047.1
1,067.7
1,069.8
1,070.5
19
983.3
919.3
920.8
922.8
942.6
944.4
947.6
20
567.9
527.4
528.4
515.9
515.6
489.5
518.5
21
140.0
132.6
129.5
127.4
130.5
127.9
123.9
-26.5
-27.5
-31.1
-32.0
-34.1
IV
23
0.0
0.0
0.0
0.0
0.0
0.0
0.0
24
1,598.3
1,685.1
1,689.1
1,684.6
1,696.4
1,730.8
1,713.0
25 2,284.3 2,319.2 2,314.7 2,319.9 2,348.0 2,365.2 2,387.9
26 12,321.9 12,947.3 12,976.3 13,017.4 13,227.1 13,327.0 13,398.4
14,475.6
14,684.9
13,566.4
12,625.5
12,602.1
11,692.9
13,137.1
15,043.8
15,295.7
14,153.4
13,138.9
13,107.0
12,216.6
13,707.0
15,080.7
15,338.9
14,201.2
13,214.3
13,131.8
12,252.3
13,763.8
15,250.7
15,514.7
14,371.2
13,354.5
13,284.2
12,404.7
13,949.3
15,477.1
15,692.1
14,525.9
13,493.4
13,492.3
12,541.0
14,109.1
15,507.9
15,755.3
14,591.6
13,580.8
13,503.1
12,586.8
14,157.7
I
II
III
1 13,063.0 13,299.1 13,306.9 13,441.0 13,506.4 13,548.5 13,638.1
2
644.8
688.2
690.2
686.5
667.0
670.5
668.9
3
479.7
455.7
454.6
465.7
462.8
455.1
452.9
4 13,253.4 13,522.0 13,534.7 13,672.9 13,693.8 13,763.6 13,854.4
5
6
7
8
1,749.5
1,459.4
289.4
242.3
1,776.3
1,479.4
296.0
247.8
1,779.7
1,482.0
296.8
248.4
1,789.8
1,490.7
298.1
249.5
1,799.3
1,499.2
299.2
250.4
1,809.0
1,507.7
300.4
251.3
1,818.5
1,515.9
301.7
252.3
47.1
48.4
9
48.2
48.6
48.9
49.1
49.4
10 11,503.6 11,745.0 11,754.4 11,882.2 11,893.9 11,954.0 12,035.2
11
12
13
14
15
13,041.9
13,232.4
11,313.3
11,292.4
11,724.5
13,270.9
13,493.8
11,522.4
11,494.4
11,923.3
13,234.5
13,462.3
11,527.0
11,455.0
11,917.8
13,379.3
13,611.2
11,650.7
11,589.3
12,062.1
13,505.5
13,692.9
11,706.6
11,705.6
12,115.7
13,481.0
13,696.0
11,739.2
11,672.0
12,140.4
13,537.3
13,753.5
11,819.1
11,718.9
12,215.3
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 (2005) dollar series are calculated as the product of the chaintype quantity index and the 2005 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.
Table 1.8.3. Command-Basis Real Gross Domestic Product
and Gross National Product, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
2010
2011
2012
2011
III
27
28
29
30
31
32
33
2012
-35.5
15,680.6
15,930.7
14,771.8
13,778.5
13,661.7
12,752.8
14,301.3
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 IVAand CCAdj, net interest
and miscellaneous payments, and consumption of fixed capital.
2. Consists of gross national factor income less consumption of fixed capital.
Gross dom estic p ro d u c t...........
Plus: Income receipts from the
rest of the w orld........................
Less: Income payments to the
rest of the w orld........................
Equals: Gross national product
Less: Consumption of fixed
capital.........................................
Private..........................
Government..................
General government
Government
enterprises..........
Equals: Net national product . ..
Addenda:
Gross domestic income 1 ........
Gross national income 2..........
Net domestic product...............
Net domestic income 3 ............
Net domestic purchases
Line
-19.5
2011
III
507.2
527.8
526.4
531.8
530.6
523.1
554.7
3
4 14,708.2 15,327.5 15,421.5 15,585.0 15,693.2 15,832.9 16,047.5
22
2011
III
II
1 14,498.9 15,075.7 15,163.2 15,321.0 15,478.3 15,585.6 15,797.4
2
2010
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
purchases...................................
Plus: Exports of goods and
services, command basis 1........
Less: Imports of goods and
services, command basis 1........
Equals: Com m and-basis gross
dom estic p ro d u c t12................
Plus: Income receipts from the rest
of the world, command basis 1
Less: Income payments to the rest
of the world, command basis 1
Equals: Com m and-basis gross
national p ro d u c t13...................
Addenda:
Command-basis net domestic
p roduct4..................................
Net domestic product.................
Command-basis net national
product4..................................
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.................
IV
I
II
III
1 103.486 105.356 105.418 106.481 106.999 107.333 108.042
2 127.623 136.152 137.379 137.871 139.356 141.152 141.540
3 102.832 107.746 108.037 109.345 110.179 110.936 110.966
4 100.954 102.646 102.628 103.789 104.261 104.517 105.150
5 126.841 140.505 142.524 141.345 142.963 144.720 144.795
6 104.279 114.956 115.368 116.506 118.281 117.712 115.381
7 103.088 104.573 104.727 105.588 106.011 106.549 107.620
8 112.223 119.746 120.077 119.543 116.166 116.780 116.586
9
95.658
97.846
97.286
95.698 100.852
95.778
95.204
10 103.777 105.508 105.697 106.586 106.661 107.412 108.488
11 101.672 103.126 103.271 104.158 104.557 105.080 106.213
12 102.091 103.978 104.019 105.136 105.640 105.934 106.656
13 102.459 104.190 104.373 105.293 105.298 106.063 107.200
14 102.906 105.066 105.150 106.293 106.397 106.935 107.661
15
2.4
1.8
1.3
4.1
2.0
1.3
2.7
16
17
2.1
2.8
1.4
2.0
2.0
1.4
3.3
4.1
1.6
0.6
2.0
2.1
4.1
2.7
18
2.5
1.7
2.2
3.4
0.3
2.8
4.1
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.
December 2012
D-17
Survey of Current Business
Table 1.8.6. Command-Basis Real Gross Domestic Product and Gross National Product, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
2010
2011
G ross dom estic p ro d u ct..............................................................................................................
Less: Exports of goods and services............................................................................................
Plus: Imports of goods and services.............................................................................................
Equals: Gross dom estic p urchases..........................................................................................
Plus: Exports of goods and services, command b a s is 1............................................................
Less: Imports of goods and services, command basis 1...........................................................
Equals: Com m and-basis gross dom estic p ro d u c t12
Plus: Income receipts from the rest of the world, command basis 1........................................
Less: Income payments to the rest of the world, command basis 1..........................................
Equals: Com mand-basis gross national p ro d u c t13.............................................................
Addenda:
Command-basis net domestic product4..................................................................................
Net domestic product..................................................................................................................
Command-basis net national product4....................................................................................
Net national product....................................................................................................................
Trade indexes (seasonally adjusted):
Trading gains index 5..............................................................................................................
Terms of trade index6............................................................................................................
Terms of trade, goo d s7......................................................................................................
Terms of trade, nonpetroleum goods 8............................................................................
2012
2011
III
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
13,063.0
1,665.6
2,085.2
13,473.0
1,655.4
2,114.6
13,012.8
643.1
455.2
13,200.6
13,299.1
1,776.9
2,184.9
13,698.8
1,833.7
2,331.1
13,200.2
686.2
465.6
13,420.7
13,306.9
1,792.9
2,190.8
13,696.4
1,859.8
2,338.8
13,218.9
687.7
462.6
13,444.1
13,441.0
1,799.3
2,217.3
13,851.4
1,844.4
2,361.8
13,327.5
684.7
455.0
13,557.2
13,506.4
1,818.7
2,234.2
13,914.4
1,865.5
2,397.8
13,381.0
665.3
479.5
13,566.7
13,548.5
1,842.1
2,249.6
13,948.5
1,888.4
2,386.3
13,448.8
668.8
455.4
13,662.3
13,638.1
1,847.2
2,250.2
14,033.0
1,889.4
2,339.0
13,584.1
667.7
452.7
13,799.1
11
12
13
14
11,266.8
11,313.3
11,453.6
11,503.6
11,428.0
11,522.4
11,647.1
11,745.0
11,443.5
11,527.0
11,667.1
11,754.4
11,541.8
11,650.7
11,769.9
11,882.2
11,586.0
11,706.6
11,770.5
11,893.9
11,644.0
11,739.2
11,856.0
11,954.0
11,769.5
11,819.1
11,983.1
12,035.2
16
16
17
18
99.624
98.009
97.607
103.663
99.265
96.725
96.489
107.600
99.327
97.163
96.955
108.048
99.202
96.225
95.614
107.066
99.079
95.567
94.695
107.832
99.277
96.633
95.772
107.719
99.598
98.392
97.894
108.424
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
2010
2011
Gross dom estic in c o m e ......................................................................................................
Com pensation of employees, p a id ............................................................................................
Wage and salary accruals..........................................................................................................
Disbursements....
To persons..........................................................................................................................
To the rest of the world.......................................................................................................
Wage accruals less disbursements......................................................................................
Supplements to wages and salaries........................................................................................
Taxes on production and im ports..............................................................................................
Less: S ubsidies..............................................................................................................................
Net operating s u rp lu s ...................................................................................................................
Private enterprises......................................................................................................................
Net interest and miscellaneous payments, domestic industries.......................................
Business current transfer payments (net)............................................................................
Proprietors' income with inventory valuation and capital consumption adjustments.....
Rental income of persons with capital consumption adjustm ent.....................................
Corporate profits with inventory valuation and capital consumption adjustments,
domestic industries............................................................................................................
Taxes on corporate income...............................................................................................
Profits after tax with inventory valuation and capital consumption adjustm ents........
Net dividends..................................................................................................................
Undistributed corporate profits with inventory valuation and capital consumption
adjustments................................................................................................................
Current surplus of government enterprises.............................................................................
Consum ption o f fixed c a p ita l......................................................................................................
Private...........................................................................................................................................
Government.................................................................................................................................
Addendum :
Statistical discrepancy................................................................................................................
2012
2011
III
IV
II
I
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
14,475.6
7,977.2
6,411.7
6,411.7
6,398.9
12.8
0.0
1,565.4
1,055.0
57.0
3,627.0
3,646.5
753.0
140.0
1,103.4
349.2
15,043.8
8,303.2
6,669.3
6,669.3
6,655.5
13.8
0.0
1,633.9
1,097.9
61.6
3,767.6
3,794.1
706.4
132.6
1,157.3
409.7
15,080.7
8,326.2
6,686.1
6,686.1
6,672.3
13.9
0.0
1,640.0
1,098.2
62.4
3,769.9
3,797.4
709.9
129.5
1,161.4
413.8
15,250.7
8,348.1
6,700.3
6,700.3
6,686.6
13.7
0.0
1,647.7
1,109.8
62.7
3,889.0
3,920.1
694.9
127.4
1,165.3
430.3
15,477.1
8,503.2
6,833.4
6,833.4
6,819.9
13.4
0.0
1,669.8
1,128.5
60.8
3,921.4
3,953.4
696.0
130.5
1,184.3
445.3
15,507.9
8,535.3
6,856.8
6,856.8
6,843.3
13.5
0.0
1,678.5
1,130.9
61.0
3,898.0
3,932.1
671.1
127.9
1,194.9
452.8
15,680.6
8,575.7
6,887.2
6,887.2
6,873.7
13.6
0.0
1,688.5
1,131.2
60.6
4,015.4
4,050.9
694.5
123.9
1,205.9
471.1
17
18
19
20
1,300.9
373.3
927.6
481.0
1,388.1
379.0
1,009.0
554.0
1,382.7
362.0
1,020.7
558.9
1,502.2
370.4
1,131.8
562.2
1,497.2
453.6
1,043.7
581.9
1,485.3
443.3
1,042.0
622.3
1,555.6
462.6
1,092.9
614.4
21
22
23
24
25
446.5
-19.5
1,873.4
1,539.9
333.5
455.0
-26.5
1,936.8
1,587.4
349.4
461.9
-27.5
1,948.9
1,596.5
352.4
569.6
-31.1
1,966.6
1,611.0
355.5
461.8
-32.0
1,984.9
1,625.9
359.0
419.7
-34.1
2,004.8
1,642.0
362.8
478.5
-35.5
2,019.0
1,653.4
365.6
26
23.3
31.9
82.5
70.3
1.1
77.7
116.8
D-18
National Data
December 2012
Table 1.12. National Income by Type of Income
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
National in co m e ....................................................................................................................
C om pensation o f employees
Wage and salary accruals..
Government....................
O ther................................
Supplements to wages and salaries.........................................................................................
Employer contributions for employee pension and insurance funds................................
Employer contributions for government social insurance..................................................
P roprietors’ incom e w ith IVA and C C A dj.................................................................................
Farm..............................................................................................................................................
Nonfarm ........................................................................................................................................
Rental incom e o f persons w ith CCAdj
Corporate profits w ith IVA and CCAdj
Taxes on corporate income............
Profits after tax with IVA and CCAdj..........................................................................................
Net dividends...........................................................................................................................
Undistributed profits with IVA and CCAdj.............................................................................
Net interest and m iscellaneous p a y m e n ts..............................................................................
Taxes on production and im p orts..............................................................................................
Less: S ubsidies..............................................................................................................................
Business current transfer paym enls (net)
To persons (net)..............................
To government (net)........................
To the rest of the world (ne t)..........
C urrent surplus o f governm ent e nte rp rise s............................................................................
A ddenda fo r corporate cash flow :
Net cash flow with IVA.................................................................................................................
Undistributed profits with IVA and CCAdj.............................................................................
Consumption of fixed capital..................................................................................................
Less: Capital transfers paid (net)..........................................................................................
Addenda:
Proprietors’ income with IVA and CCAdj..................................................................................
Farm..........................................................................................................................................
Proprietors’ income with IVA.............................................................................................
Capital consumption adjustment.......................................................................................
Nonfarm...................................................
Proprietors’ income (without IVA and CCAdj).................................................................
Inventory valuation adjustment.........................................................................................
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 CCAd)).......................................................
Inventory valuation adjustment.........................................................................................
Capital consumption adjustment...........................................................................................
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment
2012
IV
I
II
III
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
12,811.4
7,970.0
6,404.6
1,191.3
5,213.3
1,565.4
1,097.3
468.1
1,103.4
44.3
1,059.1
349.2
1,702.4
373.3
1,329.1
600.9
728.2
567.9
1,055.0
57.0
140.0
47.4
94.5
-1.9
-19.5
13,358.9
8,295.2
6,661.3
1,195.3
5,466.0
1,633.9
1,139.0
494.9
1,157.3
54.6
1,102.8
409.7
1,827.0
379.0
1,447.9
697.2
750.7
527.4
1,097.9
61.6
132.6
44.9
94.8
-7.1
-26.5
13,390.1
8,318.1
6,678.1
1,197.7
5,480.4
1,640.0
1,144.2
495.8
1,161.4
55.3
1,106.1
413.8
1,830.5
362.0
1,468.5
705.9
762.6
528.4
1,098.2
62.4
129.5
44.3
94.3
-9.1
-27.5
13,548.1
8,340.1
6,692.4
1,192.5
5,499.9
1,647.7
1,151.5
496.2
1,165.3
54.4
1,110.9
430.3
1,953.1
370.4
1,582.8
717.9
864.9
515.9
1,109.8
62.7
127.4
43.9
94.6
-11.0
-31.1
13,707.2
8,495.7
6,825.9
1,199.1
5,626.8
1,669.8
1,159.6
510.2
1,184.3
52.3
1,132.1
445.3
1,900.1
453.6
1,446.6
727.1
719.4
515.6
1,128.5
60.8
130.5
45.3
93.6
-8.4
-32.0
13,750.5
8,527.7
6,849.2
1,199.8
5,649.4
1,678.5
1,167.7
510.8
1,194.9
52.5
1,142.4
452.8
1,921.9
443.3
1,478.5
747.5
731.0
489.5
1,130.9
61.0
127.9
45.8
86.7
-4.6
-34.1
13,911.8
8,568.1
6,879.6
1,203.4
5,676.3
1,688.5
1,176.2
512.2
1,205.9
59.5
1,146.5
471.1
1,989.2
462.6
1,526.6
758.8
767.8
518.5
1,131.2
60.6
123.9
46.1
78.3
-0.6
-35.5
26
27
28
29
1,774.9
728.2
1,026.5
-20.2
1,850.7
750.7
1,061.9
-38.1
1,866.2
762.6
1,069.1
-34.5
2,005.6
864.9
1,079.9
-60.8
1,835.8
719.4
1,092.6
-23.8
1,841.8
731.0
1,104.3
-6.5
1,886.8
767.8
1,111.1
-7.9
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
1,103.4
44.3
50.1
-5.8
1,059.1
898.1
-5.8
166.8
349.2
363.9
-14.7
1,702.4
1,777.7
1,816.3
373.3
1,443.0
600.9
842.1
-38.7
-75.2
1,157.3
54.6
60.5
-5.9
1,102.8
902.6
-8.9
209.0
409.7
424.4
-14.7
1,827.0
1,791.6
1,854.1
379.0
1,475.1
697.2
777.9
-62.6
35.4
1,161.4
55.3
61.2
-5.9
1,106.1
901.4
-4.8
209.5
413.8
428.5
-14.7
1,830.5
1,798.8
1,839.3
362.0
1,477.3
705.9
771.4
-40.6
31.7
1,165.3
54.4
60.4
-6.0
1,110.9
903.1
-3.2
210.9
430.3
445.0
-14.7
1,953.1
1,923.5
1,936.4
370.4
1,566.1
717.9
848.2
-12.9
29.6
1,184.3
52.3
58.2
-6.0
1,132.1
996.0
-4.1
140.2
445.3
459.9
-14.6
1,900.1
2,100.8
2,124.5
453.6
1,670.9
727.1
943.7
-23.7
-200.7
1,194.9
52.5
58.5
-6.0
1,142.4
999.3
3.2
139.9
452.8
467.5
-14.7
1,921.9
2,124.3
2,108.2
443.3
1,664.9
747.5
917.4
16.0
-202.4
1,205.9
59.5
65.5
-6.0
1,146.5
1,011.5
-5.1
140.1
471.1
485.8
-14.8
1,989.2
2,188.7
2,214.8
462.6
1,752.2
758.8
993.3
-26.1
-199.5
December 2012
D-19
Survey of Current Business
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
2011
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
26
27
28
29
30
31
8,086.7
1,026.5
7,060.2
4,807.9
3,968.6
839.3
659.0
1,593.3
182.6
109.8
1,300.9
373.3
927.6
481.0
446.5
1,134.3
6,952.4
860.1
6,092.3
4,252.0
3,508.4
743.6
612.2
1,228.2
221.7
89.3
917.1
222.9
694.3
385.7
308.5
8,493.4
1,061.9
7,431.5
5,057.8
4,173.2
884.6
694.1
1,679.6
183.4
108.1
1,388.1
379.0
1,009.0
554.0
455.0
1,126.8
7,366.7
893.7
6,473.0
4,472.7
3,687.5
785.2
645.8
1,354.5
255.9
91.5
1,007.1
246.8
760.3
425.3
334.9
8,511.9
1,069.1
7,442.8
5,072.3
4,184.3
888.0
694.3
1,676.2
187.5
106.0
1,382.7
362.0
1,020.7
558.9
461.9
1,093.2
7,418.6
900.3
6,518.4
4,487.9
3,699.6
788.3
646.0
1,384.4
263.7
91.2
1,029.6
248.1
781.4
428.6
352.9
8,660.4
1,079.9
7,580.5
5,091.3
4,199.1
892.3
701.8
1,787.4
180.8
104.5
1,502.2
370.4
1,131.8
562.2
569.6
1,179.9
7,480.5
909.7
6,570.8
4,502.9
3,710.8
792.1
653.1
1,414.8
262.5
91.3
1,061.0
241.2
819.8
429.7
390.2
8,784.3
1,092.6
7,691.7
5,201.3
4,295.5
905.8
705.1
1,785.3
181.3
106.7
1,497.2
453.6
1,043.7
581.9
461.8
1,178.8
7,605.5
920.8
6,684.7
4,607.1
3,803.0
804.1
656.1
1,421.6
263.2
90.0
1,068.3
304.3
764.0
432.8
331.2
8,793.7
1,104.3
7,689.4
5,222.4
4,312.7
909.7
705.9
1,761.0
175.4
100.3
1,485.3
443.3
1,042.0
622.3
419.7
1,122.9
7,670.8
930.8
6,740.1
4,644.8
3,837.2
807.6
657.8
1,437.5
254.2
87.1
1,096.1
304.6
791.6
454.9
336.7
8,904.3
1,111.1
7,793.2
5,247.9
4,333.2
914.7
706.1
1,839.1
181.2
102.4
1,555.6
462.6
1,092.9
614.4
478.5
1,198.8
7,705.5
936.8
6,768.7
4,671.6
3,859.7
812.0
658.5
1,438.5
262.9
80.5
1,095.1
310.8
784.3
453.0
331.3
32
33
34
35
36
1,414.7
1,041.4
560.4
-38.7
-75.2
1,415.2
1,036.2
482.2
-62.6
35.4
1,391.6
1,029.6
470.7
-40.6
31.7
1,485.5
1,115.1
552.9
-12.9
29.6
1,721.6
1,268.0
686.1
-23.7
-200.7
1,671.7
1,228.4
606.1
16.0
-202.4
1,781.1
1,318.5
704.1
-26.1
-199.5
37
38
39
40
990.5
767.6
-38.7
-34.7
1,007.0
760.2
-62.6
62.7
1,010.8
762.7
-40.6
59.3
1,016.3
775.2
-12.9
57.6
1,240.4
936.1
-23.7
-148.4
1,229.8
925.3
16.0
-149.7
1,268.4
957.6
-26.1
-147.2
6,803.6
840.7
5,963.0
6,745.3
846.5
5,898.8
III
G ross value added o f corporate business 1....................................................................................
Consumption of fixed capital...............................
Net value added....................................................
Compensation of employees...........................
Wage and salary accruals.......................................................................................................................
Supplements to wages and salaries......................................................................................................
Taxes on production and imports less subsidies.......................................................................................
Net operating surplus......................................
Net interest and miscellaneous payments
Business current transfer payments (net).
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.....
G ross value added o f financial corporate business 1
G ross value added o f nonfinancial corporate business 1............................................................
Consumption of fixed capital............................................................................................................................
Net value added..........................
Compensation of employees..
Wage and salary accruals
Supplements to wages and salaries......................................................................................................
Taxes on production and imports less subsidies.......................................................................................
Net operating surplus...................................................................................................................................
Net interest and miscellaneous payments............................................................................................
Business current transfer payments (net).............................................................................................
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.....................................................................................
Addenda:
Corporate business:
Profits before tax (without IVA and CCAdj)...........................................................................................
Profits after tax (without IVA and CCAdj)..............
Undistributed profits after tax (without IVA and CCAdj)......................................................................
Inventory valuation adjustment..............................................................................................................
Capital consumption adjustment............................................................................................................
Nonfinancial corporate business:
Profits before tax (without IVA and CCAdj)...........................................................................................
Profits after tax (without IVA and CCAdj)..............................................................................................
Inventory valuation adjustment..............................................................................................................
Capital consumption adjustment............................................................................................................
2012
2010
IV
I
II
III
Value-added, in billions of chained (2005) dollars
G ross value added o f nonfinancial corporate business 2............................................................
Consumption of fixed capital3........................................
Net value added 4.............................................................
41
42
43
6,369.1
805.9
5,563.2
6,595.6
819.7
5,776.0
6,586.5
821.7
5,764.8
6,685.6
828.2
5,857.4
6,768.5
834.5
5,934.0
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 2005 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 Inventory valuation adjustment
CCAdj Capital consumption adjustment
D-20
National Data
December 2012
Table 1.15. Price, Costs, and Profit Per Unit of Real Gross Value Added of Nonfinancial Domestic Corporate Business
[Dollars]
Seasonally adjusted
Line
2010
2011
2011
III
Price per unit o f real gross value added of nonfinancial corporate business 1...............................
Com pensation o f em ployees (un it labor c o s t).........................................................................................
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................................................................................................
Corporate profits w ith IVA and CCAdj (un it p rofits from current production)..................................
Taxes on corporate incom e..........................................................................................................................
Profits after tax with IVA and CCAdj...........................................................................................................
1
2
3
4
5
6
7
8
9
1.092
0.668
0.280
0.135
0.110
0.035
0.144
0.035
0.109
1.117
0.678
0.286
0.135
0.112
0.039
0.153
0.037
0.115
2012
IV
1.126
0.681
0.289
0.137
0.112
0.040
0.156
0.038
0.119
1.119
0.674
0.286
0.136
0.111
0.039
0.159
0.036
0.123
I
II
III
1.124
0.681
0.285
0.136
0.110
0.039
0.158
0.045
0.113
1.127
0.683
0.283
0.137
0.109
0.037
0.161
0.045
0.116
1.142
0.693
0.288
0.139
0.110
0.039
0.162
0.046
0.116
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
2010
2011
2011
III
P roduction in the United States:
Gross domestic product
Gross domestic income
Net domestic p roduct1
Net domestic income 1.
P roduction by labor and capital supplied by U.S. residents:
Gross national product.............................................................................................................................
Gross national income..
Net national p ro d u ct1...
Final expenditures by U.S. residents:
Gross domestic purchases.....................................................................................................................
Final sales to domestic purchasers 2...
Purchasing power of in c o m e :3................
Command-basis gross domestic product..............................................................................................
Command-basis net domestic p ro d u ct' ...............................................................................................
Command-basis gross national product...............................................................................................
Command-basis net national p ro d u ct1 ................................................................................................
After-tax incom e received by the personal sector:
Disposable personal income...................................................................................................................
2012
IV
I
II
III
1
2
3
4
2.4
3.1
2.6
3.5
1.8
1.8
1.8
1.8
1.3
-0.2
1.2
-0.6
4.1
4.5
4.4
4.8
2.0
3.8
1.9
4.1
1.3
-0.7
1.1
-1.1
2.7
1.7
2.8
1.6
5
6
7
2.8
3.5
3.1
2.0
2.0
2.1
1.4
0.0
1.4
4.1
4.5
4.4
0.6
2.4
0.4
2.1
0.1
2.0
2.7
1.7
2.7
8
9
2.8
1.3
1.7
1.8
1.2
2.2
4.6
2.1
1.8
2.2
1.0
1.4
2.4
1.7
10
11
12
13
2.1
2.3
2.5
2.8
1.4
1.4
1.7
1.7
2.0
2.0
2.2
2.2
3.3
3.5
3.4
3.6
1.6
1.5
0.3
0.0
2.0
2.0
2.8
2.9
4.1
4.4
4.1
4.4
14
1.8
1.3
-1.3
-0.2
3.7
2.2
0.5
1. In this table, the net measures are the corresponding gross measures less the depreciation of fixed assets as measured by the consumption of fixed capital.
2. Equals gross domestic purchases less 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.
December 2012
D-21
Survey of Current Business
Table 1.17.5. Gross Domestic Product, Gross Domestic Income, and Other Major NIPA Aggregates
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
Production in the United States:
Gross domestic product...........................................................................................................................
Gross domestic incom e...........................................................................................................................
Net domestic pro d u ct1
Net domestic income 1
Production by labor and capital supplied by U.S. residents:
Gross national product.............................................................................................................................
Gross national incom e.............................................................................................................................
Net national pro d u ct1..............................................................................................................................
National income 2 ...
Final expenditures by U.S. residents:
Gross domestic purchases.....................................................................................................................
Final sales to domestic purchasers 3.....................................................................................................
After-tax incom e received by the personal sector:
Disposable personal income...................................................................................................................
2012
2011
III
IV
I
II
III
1
2
3
4
14,498.9
14,475.6
12,625.5
12,602.1
15,075.7
15,043.8
13,138.9
13,107.0
15,163.2
15,080.7
13,214.3
13,131.8
15,321.0
15,250.7
13,354.5
13,284.2
15,478.3
15,477.1
13,493.4
13,492.3
15,585.6
15,507.9
13,580.8
13,503.1
15,797.4
15,680.6
13,778.5
13,661.7
5
6
7
8
14,708.2
14,684.9
12,834.8
12,811.4
15,327.5
15,295.7
13,390.8
13,358.9
15,421.5
15,338.9
13,472.6
13,390.1
15,585.0
15,514.7
13,618.4
13,548.1
15,693.2
15,692.1
13,708.3
13,707.2
15,832.9
15,755.3
13,828.1
13,750.5
16,047.5
15,930.7
14,028.6
13,911.8
9
10
15,010.6
14,952.2
15,643.7
15,607.1
15,712.7
15,716.8
15,915.9
15,833.8
16,094.0
16,021.5
16,162.5
16,107.8
16,320.3
16,236.2
11
11,127.1
11,549.3
11,572.6
11,598.3
11,776.4
11,861.8
11,922.9
1. In this table, net measures are the corresponding gross measures less 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 (2005) dollars]
Seasonally adjusted at annual rates
Line
2010
2011
P roduction in the United States:
Gross domestic product...........................................................................................................................
Gross domestic incom e...........................................................................................................................
Net domestic p ro d u ct1............................................................................................................................
Net domestic income 1.............................................................................................................................
P roduction by labor and capital supplied by U.S. residents:
Gross national product.............................................................................................................................
Gross national incom e.............................................................................................................................
Net national p ro d u ct1..............................................................................................................................
Final expenditures by U.S. residents:
Gross domestic purchases.....................................................................................................................
Final sales to domestic purchasers 2.....................................................................................................
P urchasing power o f in c o m e :3 ..........
Command-basis gross domestic pi oduct
Command-basis net domestic p ro d u ct1................................................................................................
Command-basis gross national product................................................................................................
Command-basis net national p ro d u ct1 .................................................................................................
After-tax incom e received by the personal sector:
Disposable personal income...................................................................................................................
2012
2011
III
IV
I
II
III
1
2
3
4
13,063.0
13,041.9
11,313.3
11,292.4
13,299.1
13,270.9
11,522.4
11,494.4
13,306.9
13,234.5
11,527.0
11,455.0
13,441.0
13,379.3
11,650.7
11,589.3
13,506.4
13,505.5
11,706.6
11,705.6
13,548.5
13,481.0
11,739.2
11,672.0
13,638.1
13,537.3
11,819.1
11,718.9
5
6
7
13,253.4
13,232.4
11,503.6
13,522.0
13,493.8
11,745.0
13,534.7
13,462.3
11,754.4
13,672.9
13,611.2
11,882.2
13,693.8
13,692.9
11,893.9
13,763.6
13,696.0
11,954.0
13,854.4
13,753.5
12,035.2
8
9
13,473.0
13,419.7
13,698.8
13,664.2
13,696.4
13,699.6
13,851.4
13,771.3
13,914.4
13,847.5
13,948.5
13,897.1
14,033.0
13,956.0
10
11
12
13
13,012.8
11,266.8
13,200.6
11,453.6
13,200.2
11,428.0
13,420.7
11,647.1
13,218.9
11,443.5
13,444.1
11,667.1
13,327.5
11,541.8
13,557.2
11,769.9
13,381.0
11,586.0
13,566.7
11,770.5
13,448.8
11,644.0
13,662.3
11,856.0
13,584.1
11,769.5
13,799.1
11,983.1
14
10,016.5
10,149.7
10,125.6
10,121.5
10,213.9
10,270.6
10,282.7
1. In this table, net measures are the corresponding gross measures less the depreciation of fixed assets as measured by the consumption of fixed capital.
2. Equals gross domestic purchases less 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 NIPA tables 1.8.3 and 1.8.6.
-22
National Data
December 2012
Personal Income and Outlays
Table 2.1. Personal Income and Its Disposition
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Personal incom e......................................................................................................................................
Compensation of employees, received..............................................................................................
Wage and salary disbursements
Private industries....................
Government..................................................................................................................................
Supplements to wages and salaries..............................................................................................
Employer contributions for employee pension and insurance funds....................................
Employer contributions for government social insurance.......................................................
Proprietors' income with inventory valuation and capital consumption adjustments...................
Farm...................................................................................................................................................
Nonfarm.............................................................................................................................................
Rental income of persons with capital consumption adjustment....................................................
Personal income receipts on assets...................................................................................................
Personal interest income.................................................................................................................
Personal dividend income
Personal current transfer receipts......................................................................................................
Government social benefits to persons.........................................................................................
Social security 1...........................................................................................................................
Medicare 2 ..................
Medicaid......................
Unemployment insurance...........................................................................................................
Veterans’ benefits.............................................
Other..................................................................
Other current transfer receipts, from business (net)....................................................................
Less; Contributions for government social insurance, domestic....................................................
Less: Personal current ta x e s ...............................................................................................................
Equals: Disposable personal in c o m e ................................................................................................
Less: Personal o u tla y s ..........................................................................................................................
Personal consumption expenditures..................................................................................................
Personal interest payments 3........
Personal current transfer paym ents...................................................................................................
To government............................
To the rest of the world (net)...........................................................................................................
Equals: Personal sa vin g ........................................................................................................................
Personal saving as a percentage o f disposable personal in co m e .........................................
Addenda:
Personal incom e excluding current transfer receipts, b illio n s o f chained (2005) d o lla rs 4
Disposable personal incom e:
Total, billions of chained (2005) dolla rs4 ......................................................................................
Per capita:
Current dollars.............................................................................................................................
Chained (2005) dollars...........
Population (midperiod, thousands)
Percent change from preceding period:
Disposable personal incom e, current d o lla rs .........................................................................
Disposable personal income, chained (2005) d olla rs...........................................................
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
26
27
28
29
30
31
32
33
34
35
12,321.9
7,970.0
6,404.6
5,213.3
1,191.3
1,565.4
1,097.3
468.1
1,103.4
44.3
1,059.1
349.2
1,598.3
1,016.6
581.7
2,284.3
2,236.9
690.2
515.3
396.6
138.9
57.9
438.1
47.4
983.3
1,194.8
11,127.1
10,560.4
10,215.7
183.8
160.9
87.4
73.5
566.7
5.1
12,947.3
8,295.2
6,661.3
5,466.0
1,195.3
1,633.9
1,139.0
494.9
1,157.3
54.6
1,102.8
409.7
1,685.1
1,008.8
676.3
2,319.2
2,274.3
713.3
545.1
403.9
108.0
63.3
440.8
44.9
919.3
1,398.0
11,549.3
11,059.9
10,729.0
168.0
162.8
88.9
73.9
489.4
4.2
2012
IV
12,976.3
8,318.1
6,678.1
5,480.4
1,197.7
1,640.0
1,144.2
495.8
1,161.4
55.3
1,106.1
413.8
1,689.1
1,004.4
684.7
2,314.7
2,270.4
716.0
549.1
396.1
103.0
64.9
441.3
44.3
920.8
1,403.8
11,572.6
11,120.9
10,791.2
167.3
162.4
89.1
73.3
451.6
3.9
I
13,017.4
8,340.1
6,692.4
5,499.9
1,192.5
1,647.7
1,151.5
496.2
1,165.3
54.4
1,110.9
430.3
1,684.6
988.0
696.6
2,319.9
2,276.0
721.9
553.1
392.0
100.9
64.7
443.5
43.9
922.8
1,419.1
11,598.3
11,205.6
10,873.8
167.0
164.8
89.8
75.1
392.7
3.4
II
III
13,227.1
8,495.7
6,825.9
5,626.8
1,199.1
1,669.8
1,159.6
510.2
1,184.3
52.3
1,132.1
445.3
1,696.4
991.8
704.6
2,348.0
2,302.7
753.2
555.9
397.6
94.2
68.8
433.0
45.3
942.6
1,450.8
11,776.4
11,348.7
11,007.2
175.4
166.1
90.5
75.5
427.7
3.6
13,327.0
8,527.7
6,849.2
5,649.4
1,199.8
1,678.5
1,167.7
510.8
1,194.9
52.5
1,142.4
452.8
1,730.8
1,006.1
724.6
2,365.2
2,319.5
759.4
556.9
413.9
83.8
71.5
433.9
45.8
944.4
1,465.2
11,861.8
11,406.1
11,067.2
171.2
167.7
91.3
76.4
455.7
3.8
13,398.4
8,568.1
6,879.6
5,676.3
1,203.4
1,688.5
1,176.2
512.2
1,205.9
59.5
1,146.5
471.1
1,713.0
976.9
736.0
2,387.9
2,341.7
765.1
566.2
424.2
74.9
74.0
437.3
46.1
947.6
1,475.5
11,922.9
11,491.6
11,149.8
172.9
169.0
92.0
76.9
431.3
3.6
36
9,035.8
9,340.0
9,328.6
9,335.4
9,435.7
9,491.3
9,495.8
37
10,016.5
10,149.7
10,125.6
10,121.5
10,213.9
10,270.6
10,282.7
38
39
40
35,920
32,335
309,774
37,012
32,527
312,040
37,052
32,420
312,330
37,064
32,345
312,929
37,571
32,586
313,443
37,779
32,711
313,976
37,900
32,686
314,589
41
42
3.8
1.8
3.8
1.3
1.1
-1.3
0.9
-0.2
6.3
3.7
2.9
2.2
2.1
0.5
1. 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.
2. 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.
3. Consists of nonmortgage interest paid by households.
4. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures.
Table 2.2B. Wage and Salary Disbursements by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Wage and salary d isbursem ents................................................................................................
Private in d u s trie s ....
Goods-producing industries
Manufacturing....
Services-producing industries
Trade, transportation, and utilities..................................................................................................
Other services-producing industries1 ..........................................................................................
G overnm ent..............................................................................................................................................
1
2
3
4
5
6
7
8
6,404.6
5,213.3
1,057.5
674.1
4,155.8
1,005.5
3,150.3
1,191.3
6,661.3
5,466.0
1,108.6
706.6
4,357.4
1,050.1
3,307.3
1,195.3
6,678.1
5,480.4
1,116.4
710.1
4,364.0
1,054.2
3,309.9
1,197.7
2012
IV
6,692.4
5,499.9
1,107.4
701.0
4,392.5
1,056.6
3,335.9
1,192.5
I
6,825.9
5,626.8
1,144.0
723.1
4,482.7
1,083.3
3,399.4
1,199.1
II
6,849.2
5,649.4
1,161.8
744.3
4,487.6
1,098.4
3,389.2
1,199.8
III
6,879.6
5,676.3
1,167.2
749.8
4,509.0
1,107.2
3,401.9
1,203.4
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).
December 2012
Survey of Current Business
D-23
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
2010
2011
Personal consum ption expenditures (P C E ).....................................................................
G oods..................................................................................................................................................
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..........................................................................................................
S ervice s..............................................................................................................................................
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 (N PISH s)1
Gross output of nonprofit institutions 2...................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions3 ....................
Addenda:
PCE excluding food and energy 4...............................................................................................
Energy goods and services 5.......................................................................................................
Market-based PCE 6.....................................................................................................................
Market-based PCE excluding food and energy 6......................................................................
2012
2011
III
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
1.8
3.6
6.2
2.1
7.0
11.0
4.4
2.3
2.1
5.4
-0.4
2.5
1.0
1.0
0.8
1.3
-1.0
1.0
2.5
0.5
0.6
1.1
1.4
1.5
2.5
3.8
7.2
5.5
5.8
11.7
4.1
2.3
2.5
3.5
-3.5
4.3
1.9
1.8
0.5
3.4
2.2
2.5
3.7
-0.3
1.7
3.8
2.7
2.3
1.7
1.4
5.4
1.9
6.3
10.5
1.7
-0.4
-0.1
-5.7
-3.0
2.8
1.8
1.1
1.7
-0.8
2.9
2.1
2.3
4.5
-0.9
18.2
0.9
-4.4
2.0
5.4
13.9
28.6
9.8
11.8
-3.6
1.8
0.3
3.4
0.5
3.1
0.3
0.5
-3.4
3.7
-1.1
0.6
4.7
-2.0
3.0
-4.9
3.1
6.0
2.4
4.7
11.5
13.0
8.6
13.1
9.8
1.6
0.0
5.9
-2.5
3.5
1.3
1.4
-2.2
3.7
1.6
-0.6
4.8
3.8
1.1
-1.2
4.1
5.9
1.5
0.3
-0.2
-9.8
-0.7
7.2
8.6
0.6
-0.5
-4.9
8.5
0.3
2.1
1.5
5.5
-1.3
2.9
2.9
1.1
-0.1
-0.1
16.3
0.6
-4.1
1.4
3.5
8.7
10.3
5.9
11.3
4.6
1.1
0.8
5.4
-3.8
2.1
0.3
-0.1
1.3
-1.5
0.4
4.6
1.1
-4.9
0.8
10.8
0.4
-2.9
25
26
27
28
1.8
1.1
1.9
2.0
2.9
-2.8
2.8
3.3
1.8
1.4
1.4
1.5
3.1
-10.1
2.2
3.5
3.5
-8.7
2.3
3.5
0.3
23.7
1.5
0.1
1.5
0.8
1.3
1.4
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
2010
2011
III
Percent change at annual rate:
Personal consum ption expenditures (PC E ).....................................................................
Percentage points at annual rates:
G oods..................................................................................................................................................
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..............................
S e rvice s..............................................................................................................................................
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 (N PISH s)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 energy 6......................................................................
2012
2011
I
IV
II
III
1
1.8
2.5
1.7
2.0
2.4
1.5
1.4
2
3
4
5
6
7
8
9
10
11
12
13
14
1b
16
17
18
19
20
21
22
23
24
1.16
0.64
0.07
0.16
0.34
0.07
0.52
0.16
0.17
-0.01
0.20
0.65
0.62
0.15
0.21
-0.03
0.04
0.15
0.04
0.06
0.03
0.15
0.12
1.26
0.74
0.18
0.14
0.36
0.07
0.51
0.18
0.11
-0.13
0.35
1.27
1.17
0.10
0.56
0.06
0.09
0.23
-0.02
0.15
0.10
0.29
0.19
0.47
0.56
0.06
0.14
0.32
0.03
-0.09
0.00
-0.19
-0.12
0.23
1.19
0.73
0.31
-0.13
0.08
0.08
0.14
0.33
-0.08
0.46
0.10
-0.36
1.81
1.40
0.88
0.22
0.35
-0.06
0.41
0.02
0.11
0.02
0.26
0.22
0.36
-0.63
0.59
-0.03
0.02
0.29
-0.15
0.26
-0.14
0.34
0.47
1.57
1.20
0.45
0.20
0.39
0.16
0.38
0.00
0.19
-0.10
0.29
0.87
0.90
-0.39
0.59
0.04
-0.02
0.30
0.28
0.10
-0.03
0.44
0.47
0.11
-0.02
-0.37
-0.02
0.22
0.14
0.14
-0.04
-0.17
0.32
0.02
1.39
0.98
0.95
-0.21
0.08
0.10
0.07
-0.01
-0.01
0.41
0.07
-0.34
1.17
0.91
0.35
0.14
0.34
0.08
0.26
0.06
0.17
-0.15
0.18
0.23
-0.05
0.24
-0.25
0.01
0.17
0.07
-0.37
0.07
0.29
0.04
-0.24
25
26
27
28
1.59
0.06
1.71
1.49
2.52
-0.17
2.45
2.44
1.57
0.09
1.21
1.12
2.64
-0.64
1.97
2.58
2.97
-0.53
2.05
2.58
0.30
1.24
1.29
0.08
1.29
0.05
1.13
1.02
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
December 2012
Table 2.3.3. Real Personal Consumption Expenditures by Major Type of Product, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
2011
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
104.460
104.304
104.887
80.710
98.552
145.602
107.841
103.888
103.779
107.683
92.595
107.886
104.554
103.538
105.440
109.943
85.151
102.795
102.093
97.888
102.042
132.040
112.614
106.592
107.103
108.263
112.395
85.117
104.304
162.589
112.309
106.236
106.326
111.445
89.387
112.498
106.543
105.426
106.010
113.724
87.031
105.379
105.871
97.617
103.735
137.017
115.612
109.037
107.251
108.021
112.038
82.833
104.753
164.329
113.280
106.045
106.425
110.586
88.179
112.904
106.886
105.648
106.581
113.549
87.554
106.006
106.050
98.190
103.363
141.024
115.707
108.090
107.790
109.462
115.736
88.208
107.237
168.960
112.235
106.510
106.500
111.521
88.294
113.768
106.970
105.792
105.651
114.580
87.306
106.163
107.279
97.683
104.126
139.265
116.607
109.683
108.443
110.722
118.937
90.938
109.473
174.233
114.886
106.938
106.497
113.140
87.727
114.739
107.318
106.165
105.064
115.617
87.648
106.001
108.537
98.593
104.423
138.843
117.775
111.258
108.849
110.812
118.866
88.628
109.288
177.288
117.291
107.096
106.355
111.721
89.529
114.816
107.882
106.573
106.484
115.239
88.279
106.753
108.821
98.568
104.397
144.189
117.960
110.096
109.228
111.768
121.366
90.819
110.858
182.097
118.628
107.397
106.579
113.189
88.672
115.416
107.975
106.549
106.841
114.805
88.359
107.962
109.121
97.346
104.610
147.923
118.079
109.280
25
26
27
28
105.123
95.801
104.629
105.433
108.181
93.071
107.547
108.888
108.316
93.416
107.658
108.975
109.141
90.972
108.255
109.916
110.072
88.930
108.881
110.862
110.166
93.796
109.276
110.891
110.575
93.974
109.624
111.267
III
Personal consum ption expenditures (PC E ).....................................................................
G oods..................................................................................................................................................
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 consum ption..........................................
Clothing and footwear............................
Gasoline and other energy goods...........................................................................................
Other nondurable goods...........................................................................................................
S e rvice s..............................................................................................................................................
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 (N PISH s)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 services5
Market-based PCE 6......................................................................................................................
Market-based PCE excluding food and energy 6......................................................................
2012
IV
I
II
III
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, 2005=100]
Seasonally adjusted
Line
2010
2011
2011
III
Personal consum ption expenditures (PC E ).....................................................................
G oods.........................
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...........
S e rvice s..............................................
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 (N P IS H s)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 energy 6......................................................................
2012
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
111.087
104.852
91.611
104.027
93.728
71.721
110.881
112.622
113.724
98.076
125.273
112.772
114.418
115.078
113.379
115.566
118.125
112.181
115.765
116.468
116.377
100.042
113.078
118.042
113.790
108.822
90.799
107.528
92.359
66.873
114.252
119.430
118.230
99.778
157.728
114.571
116.435
117.164
115.037
117.675
121.355
114.064
118.699
118.374
118.613
100.644
115.204
120.770
114.293
109.633
90.960
108.638
92.603
66.310
114.490
120.626
119.154
101.113
162.297
114.749
116.772
117.533
115.327
118.035
121.583
114.285
119.445
118.844
118.928
100.328
115.441
121.229
114.593
109.569
90.381
108.363
92.045
65.093
115.402
120.879
120.111
101.614
159.324
115.376
117.270
118.065
115.960
118.419
122.592
114.874
119.849
119.094
119.683
100.155
115.798
121.803
115.300
110.256
90.157
108.293
92.497
64.219
115.851
122.136
120.497
102.208
165.192
116.108
117.989
118.810
116.391
118.975
123.445
116.300
120.894
120.166
120.609
100.339
116.389
122.556
115.496
109.743
89.888
109.425
92.443
63.258
114.447
121.472
120.720
103.457
157.431
116.244
118.576
119.427
116.801
119.566
124.011
116.871
122.045
120.690
121.435
100.337
117.020
123.443
115.954
110.258
89.358
109.125
92.114
62.263
114.744
122.654
120.901
103.799
163.990
116.817
119.002
119.896
117.332
120.210
123.771
117.683
122.517
121.411
121.307
99.941
117.514
124.313
25
26
27
28
110.214
121.364
110.820
109.760
111.802
140.957
113.641
111.311
112.138
143.857
114.182
111.664
112.500
142.010
114.510
112.069
113.122
144.815
115.231
112.693
113.603
139.624
115.407
113.196
113.914
143.150
115.936
113.566
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.
December 2012
Survey of Current Business
D-25
Table 2.3.5. Personal Consumption Expenditures by Major Type of Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Personal consum ption expenditures (PC E ).....................................................................
G oods..................................................................................................................................................
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..........................................................................................................
S e rvice s..............................................................................................................................................
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 (N PISH s)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 energy6......................................................................
2012
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
10,215.7
3,364.9
1,079.4
342.7
241.3
326.7
168.7
2,285.5
760.6
331.6
352.4
840.8
6,850.9
6,571.2
1,891.9
1,663.0
287.6
378.5
631.0
796.3
922.8
279.7
1,113.4
833.7
10,729.0
3,624.8
1,146.4
373.6
251.7
340.1
181.0
2,478.4
810.2
349.2
428.3
890.7
7,104.2
6,812.3
1,929.9
1,751.6
302.0
394.5
670.9
807.1
956.2
291.9
1,164.5
872.5
10,791.2
3,643.6
1,144.8
367.4
253.5
341.0
182.9
2,498.7
817.3
351.1
435.0
895.3
7,147.6
6,848.1
1,945.2
1,754.2
304.4
397.6
676.3
815.0
955.3
299.6
1,167.8
868.2
10,873.8
3,690.0
1,175.1
390.3
257.9
344.2
182.7
2,515.0
824.4
355.9
427.6
907.1
7,183.8
6,888.5
1,938.9
1,775.9
306.1
400.3
686.4
812.5
968.4
295.3
1,180.5
885.2
11,007.2
3,755.9
1,204.6
402.1
264.6
350.2
187.7
2,551.3
827.0
363.1
440.5
920.6
7,251.3
6,956.4
1,935.2
1,800.4
309.4
404.6
700.5
827.5
978.7
295.0
1,198.4
903.5
11,067.2
3,741.5
1,200.3
396.0
264.0
351.0
189.4
2,541.2
827.5
363.0
428.5
922.3
7,325.7
7,019.4
1,968.3
1,803.5
313.0
409.5
709.0
830.9
985.2
306.3
1,206.8
900.5
11,149.8
3,791.4
1,218.3
404.6
266.8
354.9
192.0
2,573.1
830.4
368.9
442.0
931.7
7,358.3
7,045.3
1,983.9
1,806.3
312.7
417.0
713.7
825.5
986.1
313.0
1,213.2
900.1
25
26
27
28
8,881.0
574.1
8,969.9
7,635.6
9,271.1
647.7
9,454.8
7,997.2
9,310.3
663.7
9,509.3
8,028.7
9,411.4
638.0
9,589.5
8,127.5
9,544.2
636.0
9,705.7
8,243.0
9,593.0
646.8
9,755.8
8,281.9
9,655.0
664.3
9,831.7
8,337.2
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 (2005) dollars]
Seasonally adjusted at annual rates
Line
Personal consum ption expenditures (PC E).....................................................................
G oods..................................................................................................................................................
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..........................................................................................................
S e rvice s..............................................................................................................................................
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 (N PISH s)1
Gross output of nonprofit institutions 2....................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3 ....................
Residual...............................................................................................................................................
Addenda:
PCE excluding food and energy 4................................................................................................
Energy goods and services 5.......................................................................................................
Market-based PCE 6......................................................................................................................
Market-based PCE excluding food and energy 6......................................................................
2010
2011
2011
2012
III
IV
I
II
III
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
9,196.2
3,209.1
1,178.3
329.5
257.5
455.5
152.1
2,029.3
668.8
338.1
281.3
745.6
5,987.6
5,710.2
1,668.7
1,439.0
243.5
337.4
545.1
683.7
793.0
279.5
984.6
706.3
-20.9
9,428.8
3,331.0
1,262.6
347.4
272.5
508.6
158.4
2,075.2
685.3
350.0
271.5
777.4
6,101.5
5,814.3
1,677.7
1,488.5
248.9
345.9
565.2
681.8
806.1
290.1
1,010.8
722.5
-44.7
9,441.9
3,323.5
1,258.6
338.1
273.7
514.0
159.8
2,071.4
685.9
347.3
267.9
780.3
6,121.1
5,826.6
1,686.7
1,486.2
250.4
347.9
566.2
685.8
803.2
298.6
1,011.6
716.2
-46.9
9,489.3
3,367.9
1,300.1
360.1
280.2
528.5
158.3
2,080.5
686.4
350.2
268.2
786.2
6,126.0
5,834.5
1,672.0
1,499.7
249.7
348.5
572.8
682.2
809.2
294.8
1,019.5
726.7
-55.7
9,546.8
3,406.6
1,336.1
371.2
286.0
545.0
162.1
2,088.9
686.4
355.3
266.5
792.9
6,145.9
5,855.1
1,662.7
1,513.3
250.6
347.9
579.5
688.6
811.5
293.9
1,029.7
737.2
-65.2
9,582.5
3,409.4
1,335.3
361.8
285.5
554.6
165.5
2,092.0
685.4
350.8
272.0
793.5
6,178.2
5,877.6
1,685.2
1,508.4
252.4
350.4
581.0
688.4
811.3
305.3
1,031.3
729.5
-65.5
9,615.9
3,438.8
1,363.4
370.7
289.7
569.6
167.3
2,097.9
686.9
355.4
269.4
797.6
6,183.5
5,876.3
1,690.8
1,502.7
252.7
354.4
582.6
679.9
812.9
313.2
1,032.4
724.1
-75.0
26
27
28
29
8,058.0
473.0
8,094.1
6,956.6
8,292.4
459.5
8,319.9
7,184.5
8,302.8
461.2
8,328.4
7,190.3
8,366.0
449.2
8,374.6
7,252.4
8,437.3
439.1
8,423.0
7,314.8
8,444.6
463.1
8,453.6
7,316.7
8,475.9
464.0
8,480.6
7,341.6
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.
N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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 is the difference between the first line and the sum of the most detailed
lines.
D-26
National Data
December 2012
Table 2.3.7. Percent Change from Preceding Period in Prices for Personal Consumption Expenditures by Major Type of Product
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Personal consum ption expenditures (P C E ).....................................................................
G oods..................................................................................................................................................
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.................................................
S e rvice s..............................................................................................................................................
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 (N P IS H s)1
Gross output of nonprofit institutions2....................................................................................
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 energy 6......................................................................
2012
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
1b
16
17
18
19
20
21
22
23
24
1.9
1.7
-1.3
6.2
-4.2
-7.3
0.5
3.2
0.3
-0.7
18.2
1.8
2.0
2.2
0.3
2.5
2.1
1.1
1.4
6.9
2.5
-1.1
1.8
2.8
2.4
3.8
-0.9
3.4
-1.5
-6.8
3.0
6.0
4.0
1.7
25.9
1.6
1.8
1.8
1.5
1.8
2.7
1.7
2.5
1.6
1.9
0.6
1.9
2.3
2.3
3.0
-0.6
3.8
0.1
-7.0
2.0
4.7
5.1
10.6
6.6
1.3
2.0
2.3
2.3
1.9
1.6
1.3
3.7
2.8
2.1
-3.9
0.8
2.5
1.1
-0.2
-2.5
-1.0
-2.4
-7.1
3.2
0.8
3.3
2.0
-7.1
2.2
1.7
1.8
2.2
1.3
3.4
2.1
1.4
0.8
2.6
-0.7
1.2
1.9
2.5
2.5
-1.0
-0.3
2.0
-5.3
1.6
4.2
1.3
2.4
15.6
2.6
2.5
2.5
1.5
1.9
2.8
5.1
3.5
3.6
3.1
0.7
2.1
2.5
0.7
-1.8
-1.2
4.2
-0.2
-5.9
-4.8
-2.2
0.7
5.0
-17.5
0.5
2.0
2.1
1.4
2.0
1.8
2.0
3.9
1.8
2.8
0.0
2.2
2.9
1.6
1.9
-2.3
-1.1
-1.4
-6.1
1.0
3.9
0.6
1.3
17.7
2.0
1.4
1.6
1.8
2.2
-0.8
2.8
1.6
2.4
-0.4
-1.6
1.7
2.8
25
26
27
28
1.5
10.3
1.5
1.0
1.4
16.1
2.5
1.4
1.9
4.7
2.6
2.1
1.3
-5.0
1.2
1.5
2.2
8.1
2.5
2.2
1.7
-13.6
0.6
1.8
1.1
10.5
1.8
1.3
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.
December 2012
D-27
Survey of Current Business
3. Governm ent Current Receipts and Expenditures
Table 3.1. Government Current Receipts and Expenditures
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
Current re c e ip ts ....................................................................................................................
Current tax receipts..........................................................................................................................
Personal current ta xe s..........
Taxes on production and im ports..............................................................................................
Taxes on corporate income...
Taxes from the rest of the w orld................................................................................................
Contributions for government social insurance............................................................................
Income receipts on assets..............................................................................................................
Interest and miscellaneous receipts..........................................................................................
Dividends....................
Current transfer receipts.
From business (n e t)...
From persons.............
Current surplus of government enterprises..................................................................................
Current e xpenditures............................................................................................................
Consumption expenditures.............................................................................................................
Current transfer payments...............................................................................................................
Government social benefits
To persons..............
To the rest of the world............................................................................................................
Other current transfer payments to the rest of the world (n e t)..............................................
Interest payments.............................................................................................................................
To persons and business.............................................................................................................
To the rest of the world.......................
Subsidies..................................................
Less: Wage accruals less disbursements.....................................................................................
Net governm ent s a v in g ..............
Social insurance funds....................................................................................................................
O ther..................................................................................................................................................
Addenda:
Total re c e ip ts..............................................................................................................................
Current receipts
Capital transfer receipts.........................................................................................................
Total expenditures...
Current expenditures...............................................................................................................
Gross government investment
Capital transfer payments.............
Net purchases of nonproduced assets
Less: Consumption of fixed capital.......................................................................................
Net lending or net borrowing ( - ) ............................................................................................
2012
2011
III
IV
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
26
27
28
29
3,906.8
2,614.4
1,194.8
1,055.0
349.5
15.1
988.2
141.8
122.5
19.2
181.9
94.5
87.4
-19.5
5,304.4
2,552.0
2,308.0
2,253.4
2,236.9
16.5
54.7
387.4
250.3
137.1
57.0
0.0
-1,397.7
-289.9
-1,107.8
4,086.1
2,863.5
1,398.0
1,097.9
351.8
15.9
923.8
141.7
120.8
20.9
183.7
94.8
88.9
-26.5
5,425.5
2,579.5
2,350.1
2,291.4
2,274.3
17.1
58.7
434.2
301.5
132.7
61.6
0.0
-1,339.4
-274.9
-1,064.5
4,076.4
2,853.1
1,403.8
1,098.2
334.2
17.0
925.3
142.1
120.8
21.2
183.4
94.3
89.1
-27.5
5,426.4
2,591.0
2,343.6
2,287.6
2,270.4
17.2
56.0
429.5
297.1
132.4
62.4
0.0
-1,350.0
-275.9
-1,074.1
4,109.2
2,888.1
1,419.1
1,109.8
341.8
17.4
927.3
140.5
119.2
21.3
184.4
94.6
89.8
-31.1
5,408.3
2,570.4
2,350.9
2,293.4
2,276.0
17.3
57.5
424.4
290.8
133.5
62.7
0.0
-1,299.1
-282.6
-1,016.5
30
31
32
33
34
35
36
37
38
39
3,926.7
3,906.8
20.0
5,577.8
5,304.4
505.5
89.5
11.8
333.5
-1,651.0
4,100.6
4,086.1
14.5
5,642.9
5,425.5
480.2
75.2
11.4
349.4
-1,542.3
4,090.7
4,076.4
14.3
5,635.6
5,426.4
476.8
73.9
10.8
352.4
-1,544.8
4,126.5
4,109.2
17.3
5,639.9
5,408.3
480.5
95.0
11.6
355.5
-1,513.4
I
II
III
4,260.1
3,020.5
1,450.8
1,128.5
425.9
15.4
947.1
140.3
117.8
22.6
184.2
93.6
90.5
-32.0
5,446.5
2,586.9
2,380.1
2,320.4
2,302.7
17.7
59.7
418.6
287.1
131.5
60.8
0.0
-1,186.4
-285.2
-901.2
4,259.3
3,027.3
1,465.2
1,130.9
414.4
16.9
949.0
139.0
116.1
22.8
178.1
86.7
91.3
-34.1
5,498.3
2,580.3
2,395.5
2,337.1
2,319.5
17.7
58.4
461.5
330.7
130.8
61.0
0.0
-1,239.0
-281.3
-957.7
4,283.2
3,058.1
1,475.5
1,131.2
433.7
17.7
952.2
137.9
115.1
22.8
170.4
78.3
92.0
-35.5
5,495.8
2,618.8
2,415.7
2,359.9
2,341.7
18.1
55.8
400.7
270.9
129.8
60.6
0.0
-1,212.6
-284.6
-928.0
4,283.7
4,260.1
23.6
5,622.8
5,446.5
467.6
56.9
10.7
359.0
-1,339.1
4,286.7
4,259.3
27.5
5,659.1
5,498.3
473.4
39.4
10.8
362.8
-1,372.4
4,309.7
4,283.2
26.5
5,654.5
5,495.8
471.4
40.2
12.8
365.6
-1,344.8
D-28
National Data
December 2012
Table 3.2. Federal Government Current Receipts and Expenditures
Table 3.3. State and Local Government Current Receipts and Expenditures
[Billions of dollars]
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Current receip ts..........
Current tax receipts..............
Personal current taxes......
Taxes on production and
im ports..........................
Excise taxes..................
Customs duties.............
Taxes on corporate
income...........................
Federal Reserve banks
O th er..............................
Taxes from the rest of the
world...............................
Contributions for government
social insurance................
Income receipts on assets....
Interest receipts.................
Dividends...........................
Rents and royalties...........
Current transfer receipts.......
From business...................
From persons....................
Current surplus of
government enterprises....
Current expenditures
Consumption expenditures...
Current transfer payments....
Government social
benefits..........................
To persons.....................
To the rest of the world
Other current transfer
payments.......................
Grants-in-aid to state
and local
governments.............
To the rest of the world
(net)...........................
Interest payments.................
To persons and business
To the rest of the w orld....
Subsidies................................
Less: Wage accruals less
disbursements...................
Net federal
governm ent saving
Social insurance fu n d s.........
O th e r......................................
Addenda:
Total re c e ip ts ...................
Current receipts............
Capital transfer receipts
Total e xpenditures..........
Current expenditures....
Gross government
investment................
Capital transfer
payments...................
Net purchases of
nonproduced assets
Less: Consumption of
fixed capital..............
Net lending o r net
borrow ing (- ) ...............
2010
2011
Seasonally adjusted at annual rates
2012
2011
Line
III
IV
I
II
III
2,683.3
1,661.1
1,139.2
1
2
3
2,395.4
1,309.8
894.2
2,519.6
1,502.7
1,075.2
2,511.3
1,494.2
1,082.0
2,534.3
1,518.5
1,097.7
2,664.9
1,629.2
1,124.9
2,659.5
1,631.2
1,131.0
4
5
6
95.5
66.9
28.6
107.4
75.6
31.9
108.1
75.5
32.6
110.9
79.0
31.9
113.3
81.2
32.1
115.2
81.5
33.7
7
8
9
305.1
79.3
225.8
304.2
75.4
228.8
287.1
67.5
219.6
292.5
64.0
228.6
375.7
84.3
291.4
368.1
83.3
284.8
10
15.1
15.9
17.0
17.4
15.4
16.9
11
12
13
14
15
16
17
18
969.8
53.0
29.8
17.0
6.2
69.8
49.7
20.0
905.5
55.3
30.3
18.7
6.4
68.8
49.3
19.5
907.0
55.5
30.3
18.9
6.3
68.1
48.7
19.4
909.2
54.5
29.1
19.0
6.5
68.3
48.7
19.6
929.3
54.7
27.4
20.5
6.7
68.3
48.3
20.0
931.5
53.2
25.6
20.7
6.9
61.6
41.2
20.4
iy
20
21
22
-7.0
3,703.4
1,055.8
2,310.8
-12.7
3,757.0
1,061.5
2,309.4
-13.4
3,743.3
1,069.0
2,292.3
-16.4
3,716.8
1,052.0
2,288.6
-16.7
3,723.6
1,055.6
2,301.0
-18.0
3,774.8
1,054.8
2,310.8
23
24
25
1,725.1
1,708.6
16.5
1,752.9
1,735.8
17.1
1,756.2
1,739.0
17.2
1,765.5
1,748.2
17.3
1,786.0
1,768.4
17.7
1,785.6
1,767.9
17.7
26
585.8
556.5
536.0
523.0
515.0
525.2
27
531.1
497.8
480.1
465.6
455.3
466.9
28
29
30
31
32
54.7
281.4
144.3
137.1
55.4
58.7
325.0
192.2
132.7
61.1
56.0
320.1
187.8
132.4
62.0
57.5
314.0
180.5
133.5
62.2
59.7
306.7
175.2
131.5
60.4
58.4
348.7
217.9
130.8
60.6
33
0.0
0.0
0.0
0.0
0.0
0.0
34 -1,308.0 -1,237.4 -1,232.0 -1,182.6 -1,058.7 -1,115.4
-292.1
-277.7
-287.7
35
-278.8
-285.3
-283.6
-959.7
36 -1,015.9
-953.2
-897.2
-771.0
-831.7
37
38
39
40
41
2,410.5
2,395.4
15.1
3,901.0
3,703.4
2,529.2
2,519.6
9.6
3,923.2
3,757.0
2,520.8
2,511.3
9.5
3,904.7
3,743.3
2,546.8
2,534.3
12.5
3,901.9
3,716.8
2,683.8
2,664.9
18.9
3,856.3
3,723.6
2,682.1
2,659.5
22.6
3,894.5
3,774.8
2011
2011
III
C urrent re c e ip ts.......................
Current tax receipts............................
Personal current taxes...................
Income taxes..............................
116.3
Other............................................
82.2
Taxes on production and imports
34.1
Sales taxes.................................
Property taxes............................
8
433.5
387.9
Other............................................
83.8
Taxes on corporate income...........
304.1
Contributions for government social
insurance.........................................
11
17.7
Income receipts on assets................
Interest receipts..............................
934.9
Dividends....
53.0
Rents and royalties........................
25.3
Current transfer receipts....................
20.7
Federal grants-in-aid......................
7.0
From business (net).......................
53.1
From persons
32.5
Current surplus of government
20.6
enterprises.......................................
Current e xp en d itu res.............
-18.8
Consumption expenditures...............
3,756.8
Government social benefit payments
1,086.1
to persons........................................
2,322.4
Interest paym ents...............................
Subsidies.............................................
1,796.0
Less: Wage accruals less
1,777.9
disbursements................................
18.1
Net state and local
governm ent sa vin g.............
526.4
Social insurance funds.......................
Other.....................................................
Addenda:
470.6
Total receip ts.................................
Current receipts.........................
55.8
Capital transfer receipts............
288.1
158.3
Total e xp en d itu res.......................
129.8
Current expenditures.................
60.2
Gross government investment
Capital transfer payments.........
0.0
Net purchases of nonproduced
assets.....................................
Less: Consumption of fixed
-1,073.5
capital.....................................
-287.0
-786.5
Net lending o r net borrow ing (-)
2,704.8
2,683.3
21.5
3,879.0
3,756.8
42
167.3
160.5
158.5
159.2
152.1
155.9
155.2
43
160.2
142.8
142.0
164.4
120.8
104.9
107.0
44
0.2
-0.1
-0.6
0.2
-0.5
-0.2
1.9
4b
130.2
137.0
138.5
138.7
139.7
141.0
142.0
46 -1,490.5 -1,394.1 -1,384.0 -1,355.1 -1,172.5 -1,212.4 -1,174.2
2010
2012
IV
1
II
III
1 2,042.4 2,064.4 2,045.2 2,040.5 2,050.4 2,066.7 2,070.4
2 1,304.6 1,360.8 1,358.9 1,369.6 1,391.2 1,396.1 1,397.0
300.6
321.7
3
322.8
321.4
334.2
325.9
336.3
4
270.1
291.2
290.0
301.9
289.6
293.8
303.9
5
30.4
31.6
31.7
32.1
32.3
31.8
32.4
6
959.5
990.4
990.1
998.8 1,015.2 1,015.7 1,014.8
7
442.6
461.5
460.5
476.4
476.3
464.6
474.1
439.8
440.9
446.5
447.3
444.3
448.0
83.4
9
89.2
88.6
92.4
89.9
92.1
92.7
10
44.5
47.1
50.1
47.6
49.3
46.2
45.8
18.4
12
13
14
15
16
17
18
19
88.8
75.7
2.2
10.9
643.2
531.1
44.8
67.3
18.3
86.4
73.0
2.2
11.2
612.7
497.8
45.5
69.4
18.3
86.6
73.0
2.4
11.2
595.4
480.1
45.6
69.7
18.1
86.0
72.4
2.3
11.2
581.6
465.6
45.9
70.2
17.8
85.7
72.4
2.1
11.2
571.1
455.3
45.3
70.5
17.5
85.8
72.4
2.2
11.2
583.4
466.9
45.5
71.0
17.3
85.0
71.7
2.1
11.2
587.8
470.6
45.8
71.4
20
-12.5
-14.1
-13.8
-14.7
-15.4
-16.1
-16.6
?1 2,132.1 2,166.3 2,163.2 2,157.0 2,178.1 2,190.3 2,209.6
22 1,496.2 1,518.0 1,522.0 1,518.4 1,531.4 1,525.5 1,532.7
23
24
25
528.3
106.0
1.6
538.5
109.2
0.5
531.4
109.3
0.4
527.9
110.3
0.4
534.4
111.9
0.5
551.6
112.8
0.5
563.8
112.6
0.5
26
0.0
0.0
0.0
0.0
0.0
0.0
0.0
?7
28
?9
-89.7
2.2
-91.9
-102.0
2.8
-104.7
-118.0
2.9
-120.9
-116.5
2.7
-119.2
-127.6
2.5
-130.1
-123.7
2.3
-126.0
-139.1
2.3
-141.5
30
31
32
33
34
35
36
2,118.0
2,042.4
75.6
2,278.6
2,132.1
338.2
0.0
2,136.9
2,064.4
72.5
2,285.1
2,166.3
319.7
0.0
2,118.1
2,045.2
72.9
2,279.0
2,163.2
318.3
0.0
2,114.6
2,040.5
74.1
2,272.9
2,157.0
321.3
0.0
2,119.0
2,050.4
68.5
2,285.6
2,178.1
315.5
0.0
2,137.1
2,066.7
70.4
2,297.1
2,190.3
317.5
0.0
2,142.3
2,070.4
71.8
2,312.9
2,209.6
316.1
0.0
3/
11.6
11.5
11.5
11.4
11.2
11.0
10.8
38
39
203.3
-160.5
212.4
-148.2
213.9
-160.9
216.8
-158.3
219.2
-166.6
221.7
-160.0
223.6
-170.6
December 2012
D-29
Survey of Current Business
Table 3.9.1. Percent Change From Preceding Period in Real Government
Consumption Expenditures and Gross Investment
Table 3.9.2. Contributions to Percent Change in Real Government
Consumption Expenditures and Gross Investment
[Percent]
Seasonally adjusted at annual rates
Line
2010
2011
G overnment consum ption
expenditures and gross
in ve stm e n t...........................
Consumption expenditures 1
Gross investm ent2..............
Structures.........................
Equipment and software
Federal...............................................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
National defense.........................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
N ondefense..................................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
State and lo c a l.................................
Consumption expenditures..........
Gross investment..........................
Structures..................................
Equipment and software..........
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
0.6
0.9
-0.6
-2.6
2.9
4.5
4.2
6.4
15.3
4.3
3.0
3.0
2.6
-1.0
3.3
7.7
6.6
15.7
38.1
7.4
-1.8
-1.3
-3.7
-4.4
0.0
-3.1
-2.3
-7.3
-10.6
-2.0
-2.8
-2.3
-5.6
-13.5
-3.6
-2.6
-1.8
-7.3
-21.2
-5.0
-3.1
-3.4
-1.7
-5.8
0.2
-3.4
-2.3
-8.1
-10.2
1.5
2012
2011
III
IV
-2.9
-2.2
-6.7
-8.7
-3.8
-4.3
-3.0
-12.8
-34.6
-6.9
2.6
5.4
-14.2
-43.6
-8.8
-17.4
-18.5
-9.8
-25.8
-1.5
-2.0
-1.7
-3.5
-5.1
2.9
Seasonally adjusted at annual rates
-2.2
-2.7
0.6
-4.2
8.0
-4.4
-5.4
2.7
-36.2
13.2
-10.6
-13.1
7.4
-45.6
16.9
10.2
12.9
-6.7
-27.6
3.8
-0.7
-0.8
-0.4
0.0
-2.0
I
-3.0
-1.1
-12.5
-14.8
-9.0
-4.2
-2.1
-17.9
-37.0
-13.7
-7.1
-4.7
-21.3
-45.7
-18.1
1.8
3.6
-10.0
-29.7
-0.9
-2.2
-0.5
-9.8
-12.4
1.5
II
-0.7
-1.2
2.3
-5.3
13.8
-0.2
-1.5
8.7
-26.5
16.1
-0.2
-2.1
13.8
-43.5
21.5
-0.4
-0.2
-1.3
-12.3
3.0
-1.0
-1.1
-0.7
-3.1
9.1
Line
2010
2011
III
3.5
4.7
-2.9
-7.1
3.2
9.5
11.2
-1.5
-34.9
4.9
12.9
15.0
-0.3
-46.5
4.7
3.0
3.9
-4.0
-26.6
5.3
-0.4
0.3
-3.5
-4.4
-0.3
1. Government consumption expenditures are services (such as education and national defense) produced by govern
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
Percent change at annual rate:
G overnm ent consum ption
expenditures and gross
investm ent............................
Percentage poin ts at annual
rates:
Consumption expenditures 1
Gross investm ent2..............
Structures.........................
Equipment and software
Federal...............................................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
N ational d efe nse .........................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
N ondefense..................................
Consumption expenditures......
Gross investment......................
S tructures..............................
Equipment and software......
State and lo c a l.................................
Consumption expenditures..........
Gross investment..........................
S tructures..................................
Equipment and so ftw are .........
2012
2011
III
IV
I
II
III
1
0.6
-3.1
-2.9
-2.2
-3.0
-0.7
3.5
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
0.73
-0.09
-0.28
0.19
1.73
1.39
0.33
0.15
0.19
0.78
0.68
0.10
-0.01
0.10
0.95
0.71
0.24
0.15
0.08
-1.09
-0.66
-0.43
-0.43
0.00
-1.95
-1.19
-1.07
-0.13
-1.10
-0.80
-0.30
-0.15
-0.16
-0.69
-0.42
-0.27
-0.12
-0.16
-0.42
-0.39
-0.03
-0.03
0.00
-2.04
-1.15
-0.89
-0.92
0.03
-1.88
-1.06
-0.84
-0.23
-1.75
-1.05
-0.70
-0.41
-0.29
0.73
1.25
-0.52
-0.25
-0.27
-2.48
-2.31
-0.17
-0.16
-0.02
-1.19
-0.82
-0.37
-0.43
0.06
-2.29
0.10
-0.40
0.50
-1.76
-1.91
0.15
-0.39
0.54
-3.00
-3.26
0.26
-0.24
0.50
1.24
1.35
-0.12
-0.16
0.04
-0.42
-0.38
-0.04
0.00
-0.04
-0.95
-2.05
-1.45
-0.59
-1.69
-0.70
-0.99
-0.36
-0.62
-1.92
-1.10
-0.82
-0.20
-0.61
0.23
0.40
-0.17
-0.16
-0.01
-1.31
-0.25
-1.06
-1.09
0.03
-1.04
0.35
-0.49
0.83
-0.09
-0.51
0.42
-0.22
0.65
-0.04
-0.48
0.44
-0.17
0.61
-0.05
-0.03
-0.02
-0.06
0.04
-0.60
-0.53
-0.08
-0.26
0.19
3.91
-0.43
-0.65
0.21
3.68
3.74
-0.06
-0.28
0.22
3.29
3.29
0.00
-0.16
0.16
0.39
0.45
-0.06
-0.13
0.06
-0.20
0.17
-0.37
-0.36
-0.01
1. Government consumption expenditures are services (such as education and national defense) produced by govern
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
Table 3.9.3. Real Government Consumption Expenditures
and Gross Investment, Quantity Indexes
Table 3.9.4. Price Indexes for Government Consumption Expenditures
and Gross Investment
[Index numbers, 2005=100]
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
III
Governm ent consum ption
expenditures and gross
in ve stm e n t..........................
Consumption expenditures 1
Gross investm ent2..............
Structures.........................
Equipment and software
Federal...............................................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
National defense.........................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
Nondefense..................................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
State and lo c a l.................................
Consumption expenditures..........
Gross investment..........................
Structures..................................
Equipment and software..........
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
109.955
109.976
109.895
98.351
132.466
122.883
119.963
144.007
179.711
137.176
121.829
118.484
146.044
190.644
140.356
125.049
123.016
139.916
169.588
129.412
102.711
103.866
97.973
93.097
123.338
106.497
107.407
101.921
87.966
129.828
119.480
117.171
135.978
155.435
132.254
118.683
116.338
135.354
150.219
133.401
121.114
118.884
137.535
159.774
129.718
99.224
101.434
90.054
83.598
125.145
106.189
107.276
100.717
86.406
129.402
119.351
117.309
133.794
148.145
131.036
120.496
118.672
133.177
141.359
132.055
116.929
114.452
135.317
153.911
128.814
98.818
101.140
89.180
82.398
126.260
Seasonally adjusted
2012
2011
IV
105.604
106.547
100.867
85.477
131.916
118.024
115.696
134.684
132.402
135.156
117.163
114.592
135.583
121.377
137.308
119.792
117.979
132.984
141.985
130.014
98.643
100.946
89.085
82.391
125.633
I
104.804
106.242
97.555
82.110
128.831
116.751
115.098
128.218
117.952
130.254
115.031
113.213
127.695
104.194
130.616
120.317
119.015
129.524
129.992
129.721
98.103
100.818
86.829
79.716
126.086
II
104.622
105.916
98.104
81.003
133.054
116.685
114.674
130.927
109.199
135.214
114.987
112.619
131.887
90.344
137.121
120.205
118.946
129.088
125.783
130.697
97.858
100.552
86.669
79.083
128.874
Line
2011
III
105.519
107.130
97.394
79.525
134.093
119.366
117.759
130.446
98.085
136.835
118.528
116.625
131.804
77.282
138.713
121.082
120.103
127.765
116.421
132.395
97.772
100.633
85.892
78.202
128.784
1. Government consumption expenditures are services (such as education and national defense) produced by govern
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2010
G overnm ent consum ption
expenditures and gross
investm ent............................
Consumption expenditures 1
Gross investm ent2..............
Structures.........................
Equipment and software
Federal...............................................
Consumption expenditures.....
Gross investment......................
Structures..............................
Equipment and software......
N ational defense.........................
Consumption expenditures......
Gross investment......................
Structures..............................
Equipment and software......
N ondefense..................................
Consumption expenditures.....
Gross investment......................
Structures..............................
Equipment and software.....
State and lo c a l.................................
Consumption expenditures..........
Gross investment..........................
Structures..................................
Equipment and software..........
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
117.334
117.323
117.344
127.589
101.788
113.583
114.917
105.187
117.938
103.110
113.951
115.161
106.355
117.423
105.213
112.843
114.415
102.631
118.646
97.811
119.579
118.853
122.606
128.462
99.329
121.233
121.426
120.187
131.899
102.792
116.721
118.300
106.873
121.271
104.467
117.411
118.894
108.212
120.794
106.868
115.337
117.100
103.961
121.952
98.414
124.001
123.474
126.079
132.886
99.621
2012
2011
III
IV
I
II
III
121.898
122.110
120.744
132.649
103.100
117.365
118.986
107.262
121.829
104.812
118.047
119.572
108.602
121.361
107.226
115.994
117.801
104.346
122.499
98.732
124.678
124.155
126.729
133.661
99.860
121.903
121.973
121.508
134.345
102.797
117.111
118.730
107.013
122.957
104.321
117.780
119.338
108.133
122.292
106.603
115.764
117.499
104.548
123.783
98.568
124.866
124.104
128.079
135.419
99.930
122.979
123.107
122.267
135.452
103.147
118.038
119.748
107.388
123.544
104.662
119.008
120.695
108.582
122.711
107.056
116.096
117.848
104.769
124.497
98.636
126.042
125.320
129.051
136.581
100.298
123.157
123.168
123.084
136.666
103.511
118.403
120.102
107.818
124.371
105.035
119.268
120.921
109.054
123.491
107.500
116.664
118.451
105.114
125.359
98.830
126.089
125.170
130.082
137.832
100.647
123.568
123.590
123.441
137.407
103.459
118.670
120.427
107.727
125.201
104.827
119.528
121.249
108.894
124.532
107.260
116.946
118.769
105.167
126.059
98.707
126.601
125.660
130.698
138.565
100.900
1. Government consumption expenditures are services (such as education and national defense) produced by govern
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
D-30
National Data
December 2012
Table 3.9.5. Government Consumption Expenditures
and Gross Investment
Table 3.10.1. Percent Change From Preceding Period in Real Government
Consumption Expenditures and General Government Gross Output
[Billions of dollars]
[Percent]
Seasonally adjusted at annual rates
Line
G overnment consum ption
expenditures and gross
in ve stm e n t..........................
Consumption expenditures 1
Gross investm ent2..............
Structures.........................
Equipment and software
Federal...............................................
Consumption expenditures.....
Gross investment......................
Structures..............................
Equipment and software......
N ational defense.........................
Consumption expenditures.....
Gross investment......................
Structures..............................
Equipment and software.....
N ondefense..................................
Consumption expenditures.....
Gross investment......................
Structures..............................
Equipment and software......
State and lo c a l.................................
Consumption expenditures..........
Gross investment..........................
Structures..................................
Equipment and software
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
2010
3,057.5
2,552.0
505.5
309.3
196.2
1,223.1
1,055.8
167.3
33.3
134.0
817.7
702.5
115.3
16.7
98.6
405.3
353.3
52.1
16.6
35.4
1,834.4
1,496.2
338.2
276.0
62.2
2011
3,059.8
2,579.5
480.2
286.0
194.2
1,222.1
1,061.5
160.5
29.6
130.9
820.8
712.1
108.7
13.5
95.2
401.3
349.4
51.8
16.1
35.7
1,837.7
1,518.0
319.7
256.3
63.3
2011
Seasonally adjusted at annual rates
2012
Line
III
IV
I
II
III
3,067.7
2,591.0
476.8
282.6
194.2
1,227.5
1,069.0
158.5
28.4
130.1
837.8
730.5
107.3
12.8
94.5
389.7
338.5
51.2
15.6
35.6
1,840.2
1,522.0
318.3
254.2
64.0
3,051.0
2,570.4
480.5
283.2
197.4
1,211.2
1,052.0
159.2
25.6
133.6
812.8
704.0
108.8
11.1
97.7
398.4
348.0
50.4
14.5
35.9
1,839.7
1,518.4
321.3
257.5
63.8
3,054.6
2,586.9
467.6
274.3
193.4
1,207.7
1,055.6
152.1
22.9
129.2
806.4
703.5
102.9
9.5
93.4
401.3
352.1
49.2
13.4
35.8
1,846.9
1,531.4
315.5
251.3
64.2
3,053.7
2,580.3
473.4
273.0
200.4
1,210.7
1,054.8
155.9
21.4
134.6
807.8
701.1
106.7
8.3
98.4
402.9
353.7
49.2
13.1
36.1
1,843.0
1,525.5
317.5
251.6
65.9
3,090.1
2,618.8
471.4
269.5
201.9
1,241.3
1,086.1
155.2
19.3
135.9
834.5
728.0
106.5
7.2
99.3
406.8
358.1
48.7
12.1
36.6
1,848.8
1,532.7
316.1
250.1
66.0
1. Government consumption expenditures are services (such as education and national defense) produced by govern
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
Table 3.9.6. Real Government Consumption Expenditures
and Gross Investment, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
G overnment consum ption
expenditures and gross
in ve stm e n t..........................
Consumption expenditures 1
Gross investm ent2..............
Structures.........................
Equipment and software
Federal...............................................
Consumption expenditures.....
Gross investment......................
Structures..............................
Equipment and software......
National defense.........................
Consumption expenditures.....
Gross investment......................
Structures..............................
Equipment and software......
N ondefense..................................
Consumption expenditures.....
Gross investment......................
Structures..............................
Equipment and software.....
State and lo c a l.................................
Consumption expenditures..........
Gross investment..........................
Structures..................................
Equipment and software..........
Residual.............................................
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
26
2,605.8
2,175.2
430.8
242.4
192.8
1,076.8
918.7
159.1
28.2
130.0
717.6
610.0
108.4
14.2
93.7
359.2
308.8
50.7
14.0
36.2
1,534.1
1,258.9
275.8
214.8
62.7
-7.5
2,523.9
2,124.4
399.5
216.8
189.0
1,047.0
897.3
150.2
24.4
125.3
699.1
599.0
100.4
11.2
89.1
347.9
298.4
49.9
13.2
36.3
1,482.0
1,229.4
253.6
192.9
63.6
-9.2
2,516.6
2,121.8
394.8
213.0
188.3
1,045.9
898.4
147.8
23.3
124.1
709.8
611.0
98.8
10.5
88.2
335.9
287.3
49.1
12.7
36.0
1,475.9
1,225.8
251.1
190.1
64.1
-9.1
2012
IV
2,502.7
2,107.4
395.4
210.7
192.0
1,034.2
886.0
148.8
20.8
128.1
690.1
590.0
100.6
9.0
91.7
344.1
296.1
48.2
11.7
36.4
1,473.3
1,223.5
250.8
190.1
63.8
-9.6
I
2,483.7
2,101.3
382.4
202.4
187.5
1,023.1
881.5
141.6
18.5
123.4
677.6
582.9
94.8
7.8
87.2
345.6
298.7
47.0
10.7
36.3
1,465.3
1,221.9
244.5
184.0
64.0
-9.8
II
2,479.4
2,094.9
384.6
199.7
193.6
1,022.5
878.2
144.6
17.2
128.1
677.3
579.8
97.9
6.7
91.5
345.3
298.6
46.8
10.4
36.6
1,461.6
1,218.7
244.0
182.5
65.5
-10.9
III
2,500.7
2,118.9
381.8
196.0
195.2
1,046.0
901.8
144.1
15.4
129.6
698.2
600.4
97.8
5.8
92.6
347.8
301.5
46.3
9.6
37.1
1,460.3
1,219.7
241.8
180.5
65.4
-11.9
1. Government consumption expenditures are services (such as education and national defense) produced by govern
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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.
G overnment consum ption
expenditures 1 ..................................
Gross output of general government
Value added....................................
Compensation of general
government employees........
Consumption of general
government fixed c a p ita l2....
Intermediate goods and services
purchased 3................................
Durable goods............................
Nondurable goods.....................
Services......................................
Less: Own-account investm ent4.....
Sales to other sectors...........
Federal consum ption expenditures 1 ...........
Gross output of general government....
Value added.........................................
Compensation of general
government employees............
Consumption of general
government fixed ca p ita l2........
Intermediate goods and services
purchased 3....................................
Durable goods................................
Nondurable goods.........................
Services...........................................
Less: Own-account investm ent4..........
Sales toother sectors...............
Defense consum ption expenditures 1
Gross output of general government....
Value added.........................................
Compensation of general
government employees............
Consumption of general
government fixed c a p ita l2........
Intermediate goods and services
purchased 3....................................
Durable goods................................
Nondurable goods.........................
Services...........................................
Less: Own-account investm ent4..........
Sales toother sectors...............
Nondefense consum ption
expenditures 1........................................
Gross output of general government....
Value added.........................................
Compensation of general
government employees............
Consumption of general
government fixed ca p ita l2........
Intermediate goods and services
purchased 3....................................
Durable goods................................
Nondurable goods.........................
Commodity Credit Corporation
inventory change...................
Other nondurable goods...........
Services...........................................
Less: Own-account investm ent4..........
Sales to other sectors...............
State and local consum ption expenditures 1
Gross output of general government....
Value added.........................................
Compensation of general
government employees............
Consumption of general
government fixed c a p ita l2........
Intermediate goods and services
purchased 3....................................
Durable goods................................
Nondurable goods.........................
Services...........................................
Less: Own-account investm ent4..........
Sales to other sectors...............
Tuition and related
educational charges.........
Health and hospital charges
Other sales.............................
1
2
3
2010
2011
2011
2012
III
IV
I
II
III
0.9
0.8
0.7
-2.3
-1.9
-0.5
-2.2
0.0
-0.9
-2.7
^f.O
-0.1
-1.1
-1.0
-0.2
-1.2
-0.7
-0.7
4.7
4.0
0.6
4
0.3
-1.0
-1.4
-0.4
-0.6
-1.1
0.4
b
2.8
2.2
1.9
1./
1.5
1.5
1.6
6
7
8
9
10
11
12
13
14
1.1
1.2
-1.0
1.9
-5.1
1.1
4.2
4.2
3.7
-4.0
-4.2
-2.7
-4.5
-6.7
1.6
-2.3
-2.2
0.8
1.5 -10.0 -2.1
5.4
8.0 -24.2
-1.5
0.6
0.1
2.3 -15.7 -0.6
-3.2 -1.1
-6.9
15.9 -12.4
0.6
-3.0 -5.4
-2.1
2.0 -9.9
-2.5
-0.2
0.9
-0.9
-0.6
2.4
-1.6
-0.4
-1.4
3.1
-1.5
-1.0
-1.5
9.7
11.9
-2.7
15.1
-2.6
0.0
11.2
10.3
-0.6
1b
3.6
0.1
-1.0
0.5
-1.7
-2.4
-1.3
16
4.1
3.2
2.6
2.4
1.8
1.9
2.1
17
18
19
20
21
22
23
24
25
5.0
2.9
1.7
5.7
4.6
10.9
3.0
3.0
3.4
-5.7
-4.9
-1.3
-6.5
-3.9
16.1
-1.8
-1.8
1.4
4.9
9.0
-1.8
5.5
-16.0
3,267.6
5.4
5.3
1.1
26
3.1
0.9
0.7
1.3
-5.1
-2.8
2/
4.3
3.0
2.3
2.0
1.4
1.7
1.8
28
29
30
31
32
33
2.5
2.3
-2.8
3.2
6.5
-4.6
-5.5
-4.8
3.7
-6.6
-4.9
5.1
10.7 -28.0 -6.4
-2.6
10.2 14.3 -35.9
5.1
4.4 10.9 -2.4 -13.8
11.6 -37.9
0.2 -2.2
-16.1 -11.1 -15.7 -8.8
4.6 -1.1 -10.0 -0.9
38.4
21.4
-20.7
52.1
-8.1
-0.9
34
35
36
6.6
6.8
4.2
-3.4
-2.9
-0.3
-18.5
-4.4
-2.6
12.9
-3.3
-0.2
37
4.3
-1.1
-3.8
38
3.b
3.7
3.7
39
40
41
10.4
10.5
-6.2
-4.9
-6.7
-4.9
42
43
44
45
46
47
48
49
-22.1
-4.6
13.1 -33.6
5.6
1.0
-29.7
-0.7
-15.5 -15.2
-96.4 -37.4
-13.1
-4.7
-13.0
-4.8
1.5 -3.6
-0.4
26.3
4.8
19.9
-4.3 -10.4
-0.4
34.6
-4.3
-3.8
62.6 -54.5
-2.1
15.0
-2.1
14.8
-1.7
-0.9
-1.7
3.6
2.1
4.2
-0.2
1.1
-0.9
3.9
1.8
0.0
-0.9
4.5
-1.6
-0.6
3.4
2.8
2.6
2.9
-7.5
-1.9
-0.8
3.1
4.1
1.6
4.3
3.9
/.3
11.4
3.1
20.7
-1.3
-1.0
-0.7
-7.1
-6.4 -0.7
-6.2
-6.4 -9.3
-3.2
-16.0 -18.9
21.5 11,525.1 -98.9
-2.3
-1.7 -0.8
-1.7
-1.1
-0.6
-1.2
-1.2 -0.5
3.5
-2.4
-14.8
-50.4
-0.5
-0.1
0.1
bO
-1.1
-1.b
-1.6
-0.8
-0.1
-0.6
1.1
b1
1.8
1.5
1.3
1.3
1.2
1.2
1.2
52
53
54
55
56
57
-1.5
-2.1
-1.6
-1.5
-7.4
0.9
-2.7
-2.9
-3.0
-2.6
-7.5
1.2
-0.9
-1.4
-1.4
-0.5
0.8
0.9
-0.7
-1.7
-0.5
-0.7
3.3
0.0
-0.4
-1.9
-0.1
-0.6
-4.6
1.8
-0.7
-2.1
-1.0
-0.4
-0.6
1.9
-0.3
-2.1
-0.9
0.2
-2.2
1.9
58
59
60
-0.1
1.6
0.6
0.2
2.3
0.2
-1.3
2.0
1.1
-2.3
1.4
-0.5
2.0
2.0
1.3
2.0
2.0
1.7
2.0
2.0
1.6
12.6 -4.1
3.1
4.8
-0.6
-0.3
121.7 -72.8
-1.1
0.3
-0.5
0.6
-0.3
1.1
1. Government consumption expenditures are services (such as education and national defense) produced by govern
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the
services of general government fixed assets; the use of depreciation assumes a zero net return on these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account
investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and
related expenditures for goods and services and is classified as investment in structures and in software in table 3.9.5.
December 2012
Survey of Current Business
D-31
Table 3.10.3. Real Government Consumption Expenditures and General Government Gross Output, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
2011
III
G overnm ent consum ption expenditures 1.................................................................
Gross output of general government...........................................................................
Value added................................................................................................................
Compensation of general government employees............................................
Consumption of general government fixed ca p ita l2.........................................
Intermediate goods and services purchased 3......................................................
Durable goods........................................................................................................
Nondurable goods..................................................................................................
Services..................................................................................................................
Less: Own-account investment4.................................................................................
Sales to other sectors.......................................................................................
Federal consum ption expenditures 1........................................................................................
Gross output of general governm ent...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed ca p ita l2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods.............................................................................................................
Nondurable goods......................................................................................................
Services......................................................................................................................
Less: Own-account investment4......................................................................................
Sales to other sectors...........................................................................................
Defense consum ption expenditures 1 .............................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods............................................................................................................
Nondurable goods......................................................................................................
Services......................................................................................................................
Less: Own-account investment4......................................................................................
Sales to other sectors...........................................................................................
Nondefense consum ption expenditures 1......................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods.............................................................................................................
Commodity Credit Corporation inventory change
Other nondurable goods.....................................
Services.....................................................................
Less: Own-account investment4 ....................................
Sales to other sectors..........................................
State and local consum ption expenditures 1..........................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods............................................................................................................
Nondurable goods..............
Services...............................
Less: Own-account investment4 ......................................................................................
Sales to other sectors....
Tuition and related educational charges.......
Health and hospital charges..........................
Other sales........................................................................................................
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
2012
IV
I
II
III
109.976
109.206
106.700
105.108
116.126
113.382
133.200
107.913
113.755
100.531
104.782
119.963
119.707
114.835
113.052
121.486
126.105
151.895
115.715
124.670
110.000
103.190
118.484
118.281
114.205
112.025
121.239
123.293
152.338
104.996
121.045
108.318
92.722
123.016
122.591
116.001
114.788
122.121
132.397
147.737
107.407
107.158
106.141
104.031
118.720
108.869
127.596
105.030
108.679
93.791
106.464
117.171
117.127
115.730
113.215
125.348
118.909
144.528
114.193
116.584
105.676
119.757
116.338
116.166
115.792
113.024
124.860
116.549
144.962
108.864
113.016
103.018
97.443
118.884
119.067
115.597
113.522
126.660
124.181
140.425
107.276
107.441
105.980
103.795
119.019
109.875
128.845
104.531
110.307
93.009
109.512
117.309
118.394
115.669
113.028
125.800
121.924
146.838
112.800
120.415
103.971
216.877
118.672
118.473
115.933
113.090
125.259
121.537
147.605
108.340
119.104
100.949
98.324
114.452
118.220
115.157
112.902
127.262
122.722
138.754
106.547
106.340
105.964
103.691
119.536
107.007
131.334
104.687
105.712
92.757
105.946
115.696
115.352
115.923
113.162
126.540
114.540
151.425
114.354
110.247
99.680
94.568
114.592
114.422
116.351
113.447
125.885
111.952
152.634
111.167
105.714
98.024
98.046
117.979
117.234
115.103
112.654
128.326
120.340
138.074
106.242
106.083
105.899
103.544
119.974
106.436
122.531
104.717
105.550
91.115
106.105
115.098
114.618
115.652
112.686
127.104
113.196
136.678
114.635
110.060
95.660
84.125
113.213
113.024
115.300
111.967
126.337
110.125
136.564
110.496
105.763
93.938
95.505
119.015
117.856
116.306
113.911
129.206
120.095
139.125
105.916
105.908
105.713
103.252
120.430
106.280
123.253
104.288
105.440
90.801
106.913
114.674
114.322
115.228
112.012
127.713
113.070
138.303
113.375
109.943
94.614
95.001
112.619
112.427
114.794
111.170
126.866
109.413
138.279
106.459
105.186
91.803
95.299
118.946
118.179
116.037
113.450
130.043
121.299
139.678
107.130
106.942
105.860
103.344
120.908
108.771
126.767
103.575
109.204
90.216
106.913
117.759
117.148
115.063
111.646
128.374
119.876
144.737
110.302
118.413
93.704
78.036
116.625
116.382
114.541
110.685
127.430
118.665
145.140
100.475
116.811
89.885
95.093
120.103
118.693
116.040
113.291
130.978
122.578
141.008
125.983
132.746
111.347
109.783
103.866
103.994
103.188
102.003
112.095
105.533
106.402
106.197
105.095
98.270
104.863
103.331
109.230
100.031
117.077
124.534
107.827
133.408
101.434
102.209
101.999
100.438
113.756
102.646
103.289
103.022
102.394
90.940
106.110
103.517
111.796
100.251
114.965
123.319
106.421
285.610
101.140
102.009
101.795
100.182
113.942
102.455
103.051
102.714
102.277
90.383
106.324
103.510
112.088
100.519
114.770
120.359
100.995
93.462
100.946
101.861
101.662
99.985
114.297
102.281
102.609
102.574
102.094
91.112
106.311
102.913
112.482
100.390
115.759
119.645
97.033
78.453
100.818
101.838
101.688
99.967
114.642
102.170
102.107
102.550
101.952
90.044
106.788
103.427
113.045
100.720
119.242
120.557
96.888
95.729
100.552
101.722
101.604
99.826
114.988
101.996
101.578
102.299
101.848
89.906
107.295
103.944
113.610
101.141
118.011
121.970
96.813
69.105
100.633
101.877
101.886
100.100
115.334
101.921
101.047
102.080
101.892
89.400
107.800
104.464
114.178
101.547
1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and
government own-account investment (construction and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on
these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in soft
ware in table 3.9.5.
D-32
National Data
December 2012
Table 3.10.4. Price Indexes for Government Consumption Expenditures and General Government Gross Output
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
2011
III
G overnm ent consum ption expenditures 1.................................................................
Gross output of general governm ent....................
Value added.........................................................
Compensation of general government employees............................................
Consumption of general government fixed ca p ita l2.........................................
Intermediate goods and services purchased 3......................................................
Durable goods........................................................................................................
Nondurable goods..................................................................................................
Services........
Less: Own-account investment4.................................................................................
Sales to other sectors.......................................................................................
Federal consum ption expenditures 1
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3....
Durable goods.............................................................................................................
Nondurable goods......................................................................................................
Services.......................................................................................................................
Less: Own-account investment4 ......................................................................................
Sales to other sectors...........................................................................................
Defense consum ption expenditures 1 .............................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods.............................................................................................................
Nondurable goods.........
Services.......................................................................................................................
Less: Own-account investment4......................................................................................
Sales to other sectors...........................................................................................
Nondefense consum ption expenditures 1......................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods.............................................................................................................
Nondurable goods......................
Commodity Credit Corporation inventory change.............................................
Other nondurable goods.......................................................................................
Services......................................
Less: Own-account investm ent4......
Sales to other sectors...........
State and local consum ption expenditures 1..........................................................................
Gross output of general governm ent...............................................................................
Value added.....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed ca p ita l2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods.............................................................................................................
Nondurable goods.........
Services.......................................................................................................................
Less: Own-account investment4......................................................................................
Sales to other sectors
Tuition and related educational charges........................................................
Health and hospital charges............................................................................
Other s ales........................................................................................................
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
4?
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
2012
IV
I
II
III
117.323
117.754
118.203
118.831
114.796
117.046
104.491
121.677
116.591
116.202
120.876
114.917
114.903
116.953
119.609
107.794
112.384
103.176
116.561
113.059
116.265
112.740
115.161
115.168
117.590
120.438
109.143
112.375
104.124
122.265
112.767
117.659
115.030
114.415
114.366
115.795
118.238
104.228
112.422
92.401
121.426
121.782
120.838
121.464
117.439
123.295
105.097
138.943
119.558
119.558
124.447
118.300
118.311
119.540
122.316
109.974
116.786
103.600
130.795
116.626
119.779
118.079
118.894
118.899
120.366
123.287
111.704
117.212
104.559
146.703
116.462
122.909
117.347
117.100
117.145
118.036
120.709
105.398
115.913
92.704
122.110
122.438
121.440
122.045
118.155
124.037
105.257
140.401
120.106
120.110
124.924
118.986
118.962
120.209
122.944
110.771
117.418
103.689
132.258
117.217
120.460
117.226
119.572
119.576
121.071
123.900
112.667
117.860
104.619
148.606
117.086
123.965
117.591
117.801
117.743
118.637
121.364
105.758
116.509
93.115
121.973
122.438
121.422
121.942
118.570
124.068
105.473
140.275
120.173
120.175
125.825
118.730
118.752
120.025
122.853
110.284
117.174
103.876
131.642
116.961
119.939
119.449
119.338
119.342
120.878
123.902
111.921
117.575
104.855
147.302
116.798
122.698
117.925
117.499
117.579
118.472
121.119
105.953
116.349
92.740
123.107
123.522
122.370
122.950
119.211
125.378
105.905
143.966
120.710
120.948
126.601
119.748
119.764
120.985
124.017
110.576
118.257
104.119
136.516
117.578
120.296
120.285
120.695
120.696
122.307
125.725
112.239
118.836
105.128
155.772
117.424
123.063
119.414
117.848
117.930
118.566
121.184
106.174
117.062
92.660
123.168
123.692
123.046
123.611
119.960
124.708
106.363
139.529
121.293
121.364
127.472
120.102
120.119
121.784
124.908
111.075
118.028
104.355
130.312
118.218
120.989
120.570
120.921
120.924
123.154
126.674
112.800
118.282
105.361
143.599
118.052
123.805
119.799
118.451
118.527
119.278
121.980
106.512
117.497
92.911
123.590
124.183
123.502
124.091
120.296
125.257
106.489
140.945
121.577
121.847
128.428
120.427
120.447
122.332
125.587
111.200
118.076
104.512
129.979
118.307
121.428
121.117
121.249
121.253
123.735
127.413
112.945
118.304
105.567
142.200
118.186
124.281
120.059
118.769
118.853
119.764
122.559
106.586
117.599
92.545
110.254
113.714
115.177
111.004
118.853
119.240
118.738
118.502
120.654
120.176
106.884
122.871
119.629
116.142
121.093
134.244
117.128
118.079
115.074
117.020
117.360
117.580
123.474
123.627
121.396
121.104
123.704
127.821
107.860
140.887
122.007
119.453
124.597
140.968
119.410
121.308
116.029
117.541
117.760
116.630
124.155
124.284
121.965
121.664
124.342
128.642
108.161
142.342
122.518
119.971
125.165
141.997
119.853
121.768
116.032
117.350
117.810
119.306
124.104
124.408
122.029
121.555
125.575
128.878
108.438
142.339
122.887
120.196
125.981
144.023
120.346
122.285
117.342
117.953
118.162
119.716
125.320
125.532
122.971
122.495
126.533
130.350
109.253
145.724
123.351
121.078
126.756
145.593
120.911
122.858
116.861
118.615
118.818
119.937
125.170
125.594
123.584
123.055
127.508
129.363
110.146
141.743
123.883
121.423
127.642
147.257
121.781
123.253
117.494
118.610
119.229
120.643
125.660
126.180
123.995
123.449
128.035
130.283
110.209
143.598
124.347
121.917
128.608
148.424
122.723
124.118
1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and
government own-account investment (construction and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on
these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in soft
ware in table 3.9.5.
December 2012
Survey of Current Business
D-33
Table 3.10.5. Government Consumption Expenditures and General Government Gross Output
[Billions of dollars]
Seasonally adjusted at annual rates
Line
G overnm ent consum ption expenditures 1.................................................................
Gross output of general government..........................................................................
Value added................................................................................................................
Compensation of general government employees............................................
Consumption of general government fixed capital2........................................
Intermediate goods and services purchased 3......................................................
Durable goods........................................................................................................
Nondurable goods.................................................................................................
Services..................................................................................................................
Less: Own-account investment4.................................................................................
Sales to other sectors......................................................................................
Federal consum ption expenditures 1........................................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods............................................................................................................
Nondurable goods......................................................................................................
Services......................................................................................................................
Less: Own-account investment4.....................................................................................
Sales to other sectors...........................................................................................
Defense consum ption expenditures 1 .............................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods............................................................................................................
Nondurable goods......................................................................................................
Services......................................................................................................................
Less: Own-account investment4.....................................................................................
Sales to other sectors...........................................................................................
Nondefense consum ption expenditures 1......................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods............................................................................................................
Nondurable goods......................................................................................................
Commodity Credit Corporation inventory change.............................................
Other nondurable goods......................................................................................
Services......................................................................................................................
Less: Own-account investment4.....................................................................................
Sales to other sectors...........................................................................................
State and local consum ption expenditures 1.........................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods............................................................................................................
Nondurable goods......................................................................................................
Services......................................................................................................................
Less: Own-account investment4 .....................................................................................
Sales to other sectors...........................................................................................
Tuition and related educational charges........................................................
Health and hospital charges............................................................................
Other sales........................................................................................................
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
2010
2,552.0
2,956.9
1,811.7
1,533.5
278.2
1,145.2
76.0
285.7
783.6
27.8
377.2
1,055.8
1,072.3
589.2
465.8
123.5
483.0
50.7
54.8
377.6
5.9
10.6
702.5
708.6
381.9
291.0
90.9
326.7
46.9
26.8
253.0
2.6
3.5
353.3
363.7
207.3
174.7
32.6
156.3
3.8
28.0
-0.2
28.1
124.6
3.3
7.1
1,496.2
1,884.7
1,222.5
1,067.7
154.7
662.2
25.3
230.9
406.0
21.8
366.6
84.8
169.3
112.5
2011
2,579.5
3,000.8
1,842.4
1,551.4
291.0
1,158.3
73.2
317.5
767.6
26.7
394.5
1,061.5
1,080.3
607.0
477.0
130.0
473.3
48.4
60.7
364.2
5.9
12.9
712.1
718.5
396.4
300.6
95.8
322.1
44.8
33.4
244.0
2.6
3.8
349.4
361.8
210.6
176.4
34.2
151.2
3.6
27.3
0.0
27.3
120.3
3.3
9.1
1,518.0
1,920.5
1,235.4
1,074.4
161.0
685.0
24.8
256.8
403.4
20.8
381.7
89.3
176.6
115.8
2011
2012
III
IV
2,591.0
3,024.9
1,848.8
1,555.3
293.5
1,176.1
74.0
319.3
782.7
26.6
407.4
1,069.0
1,098.0
610.0
478.7
131.4
487.9
49.2
60.6
378.1
5.8
23.2
730.5
736.9
399.2
302.2
96.9
337.7
45.6
33.6
258.5
2.6
3.8
338.5
361.1
210.9
176.4
34.5
150.2
3.6
27.0
-0.1
27.0
119.6
3.2
19.4
1,522.0
1,926.9
1,238.7
1,076.7
162.1
688.2
24.8
258.7
404.6
20.8
384.2
89.9
177.7
116.6
2,570.4
2,993.9
1,848.2
1,552.5
295.8
1,145.7
75.6
319.5
750.5
26.5
396.9
1,052.0
1,067.9
610.5
478.9
131.6
457.4
50.8
61.1
345.4
5.6
10.3
704.0
710.3
400.0
303.2
96.8
310.3
47.3
34.2
228.9
2.5
3.8
348.0
357.6
210.5
175.7
34.8
147.1
3.6
26.9
0.0
27.0
116.6
3.1
6.5
1,518.4
1,926.0
1,237.8
1,073.6
164.2
688.2
24.8
258.3
405.1
21.0
386.6
90.7
179.1
116.9
I
2,586.9
3,013.1
1,861.5
1,563.1
298.5
1,151.6
70.8
328.0
752.7
26.2
400.0
1,055.6
1,070.1
613.9
481.4
132.5
456.2
46.0
63.6
346.7
5.3
9.2
703.5
709.6
401.0
303.6
97.4
308.6
42.4
35.9
230.2
2.4
3.8
352.1
360.5
212.9
177.7
35.1
147.7
3.6
27.6
0.1
27.5
116.5
3.0
5.4
1,531.4
1,943.0
1,247.6
1,081.7
165.9
695.3
24.8
264.4
406.1
20.9
390.8
92.1
180.8
117.8
II
III
2,580.3
3,012.3
1,868.5
1,567.0
301.5
1,143.7
71.6
316.6
755.6
26.2
405.8
1,054.8
1,070.5
615.7
481.9
133.8
454.8
46.7
60.0
348.2
5.3
10.4
701.1
707.2
402.1
303.8
98.3
305.1
43.0
31.9
230.2
2.3
3.8
353.7
363.3
213.6
178.2
35.5
149.7
3.6
28.1
-0.2
28.2
118.0
3.0
6.7
1,525.5
1,941.7
1,252.8
1,085.1
167.7
688.9
24.9
256.6
407.4
20.9
395.4
93.6
183.0
118.7
2,618.8
3,053.8
1,878.1
1,574.5
303.5
1,175.7
73.7
317.6
784.4
26.1
408.8
1,086.1
1,100.0
617.6
483.0
134.6
482.4
48.9
58.2
375.3
5.3
8.6
728.0
734.0
403.1
304.2
98.9
331.0
45.3
29.8
255.9
2.3
3.8
358.1
365.9
214.5
178.8
35.7
151.4
3.6
28.4
0.3
28.1
119.4
3.0
4.8
1,532.7
1,953.8
1,260.5
1,091.6
168.9
693.3
24.8
259.4
409.1
20.9
400.2
94.8
185.4
120.0
1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and
government own-account investment (construction and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on
these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in
software in table 3.9.5.
National Data
December 2012
Table 3.10.6. Real Government Consumption Expenditures and General Government Gross Output, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
Government consum ption expenditures 1.................................................................
Gross output of general government...........................................................................
Value added................................................................................................................
Compensation of general government employees............................................
Consumption of general government fixed ca p ita l2.........................................
Intermediate goods and services purchased 3
Durable goods..................................
Nondurable goods...........................
Services............................................
Less: Own-account investment4...........
Sales to other sectors................
Federal consum ption expenditures 1........................................................................................
Gross output of general government......................
Value added...........................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods.
Nondurable goods
Services
............................................................................................................
Less: Own-account investment4......................................................................................
Sales to other sectors
..................................................................................
Defense consum ption expenditures 1
Gross output of general government...............................................................................
Value added.................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods............................................................................................................
Nondurable goods......................................................................................................
Services......................................................................................................................
Less: Own-account investment4......................................................................................
Sales to other sectors
Nondefense consum ption expenditures 1......................................................................
Gross output of general government
.....................................................................
Value added..............................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods......................................
Nondurable goods................................
Commodity Credit Corporation inventory change.............................................
Other nondurable goods.......................................................................................
Services.......................
Less: Own-account investment4......................................................................................
Sales to other sectors...........................................................................................
State and local consum ption expenditures 1..........................................................................
Gross output of general government...............................................................................
Value added....................................................................................................................
Compensation of general government employees................................................
Consumption of general government fixed capital2.............................................
Intermediate goods and services purchased 3..........................................................
Durable goods.............................................................................................................
Nondurable goods
Services......................................................................................................................
Less: Own-account investment4 ......................................................................................
Sales to other sectors...........................................................................................
Tuition and related educational charges........................................................
Health and hospital charges............................................................................
Other sales........................................................................................................
Residual............................................................................................................................................
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
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
2010
2,175.2
2,511.1
1,532.7
1,290.5
242.3
978.4
72.7
234.8
672.1
23.9
312.0
918.7
933.2
503.8
389.4
114.6
429.8
49.1
47.0
334.0
5.1
9.4
610.0
615.3
324.8
241.6
83.3
290.7
45.0
21.9
224.4
2.2
3.1
308.8
318.0
179.0
147.8
31.3
139.1
4.1
25.4
-0.1
25.5
109.5
2.9
6.4
1,258.9
1,580.6
1,029.5
901.0
128.2
551.0
23.7
187.9
339.4
18.8
302.7
63.2
144.5
95.3
-2.9
2011
2,124.4
2,464.0
1,524.7
1,277.3
247.8
939.5
69.7
228.5
642.1
22.3
317.0
897.3
913.1
507.8
390.0
118.2
405.3
46.7
46.4
312.3
4.9
10.9
599.0
604.3
329.3
243.8
85.8
274.8
42.8
22.7
209.5
2.1
3.2
298.4
308.8
178.4
146.2
32.4
130.4
3.9
23.7
0.0
23.7
102.8
2.8
7.7
1,229.4
1,553.4
1,017.7
887.2
130.1
535.9
23.0
182.3
330.6
17.4
306.3
63.3
147.9
95.5
-2.5
2011
2012
III
IV
2,121.8
2,470.5
1,522.4
1,274.4
248.4
948.2
70.3
227.4
651.7
22.1
326.1
898.4
923.0
507.5
389.3
118.6
415.6
47.5
45.8
322.6
4.8
19.7
611.0
616.3
329.7
243.9
86.0
286.6
43.6
22.6
220.8
2.1
3.2
287.3
306.6
177.7
145.4
32.6
128.9
3.9
23.2
0.0
23.3
101.8
2.8
16.5
1,225.8
1,550.4
1,015.6
885.0
130.3
534.9
22.9
181.7
330.3
17.3
306.9
63.3
148.3
95.7
-3.1
2,107.4
2,445.2
1,522.1
1,273.1
249.5
923.4
71.7
227.8
624.5
22.1
315.5
886.0
899.3
508.6
389.8
119.3
390.4
49.0
46.4
295.3
4.6
8.6
590.0
595.2
330.9
244.7
86.5
264.0
45.1
23.2
196.0
2.0
3.2
296.1
304.1
177.7
145.0
32.9
126.4
3.8
23.2
0.0
23.3
99.3
2.6
5.4
1,223.5
1,548.1
1,014.3
883.2
130.7
534.0
22.9
181.5
329.7
17.4
306.9
62.9
148.8
95.6
-2.5
I
2,101.3
2,439.3
1,521.2
1,271.3
250.4
918.5
66.9
227.8
623.6
21.7
316.0
881.5
893.5
507.4
388.1
119.9
385.8
44.2
46.6
294.8
4.4
7.6
582.9
587.9
327.9
241.5
86.8
259.7
40.4
23.1
196.0
1.9
3.2
298.7
305.7
179.5
146.7
33.1
126.1
3.9
23.5
0.0
23.5
98.7
2.5
4.5
1,221.9
1,547.8
1,014.6
883.0
131.1
533.5
22.7
181.5
329.2
17.2
308.3
63.3
149.6
95.9
-1.8
II
2,094.9
2,435.3
1,518.5
1,267.7
251.3
917.1
67.3
226.9
622.9
21.6
318.4
878.2
891.2
505.6
385.8
120.4
385.4
44.7
46.0
294.5
4.4
8.6
579.8
584.8
326.5
239.8
87.1
258.0
40.9
22.2
195.0
1.9
3.1
298.6
306.5
179.1
146.1
33.3
127.4
3.9
24.1
-0.1
24.2
99.5
2.5
5.5
1,218.7
1,546.0
1,013.7
881.8
131.5
532.6
22.6
181.0
328.9
17.2
309.8
63.6
150.3
96.3
-2.4
III
2,118.9
2,459.1
1,520.7
1,268.8
252.3
938.6
69.2
225.3
645.2
21.5
318.4
901.8
913.3
504.8
384.6
121.1
408.6
46.8
44.8
317.2
4.4
7.1
600.4
605.4
325.7
238.8
87.5
279.8
42.9
21.0
216.5
1.8
3.1
301.5
307.9
179.1
145.9
33.5
128.7
3.9
24.0
0.1
23.9
100.6
2.5
4.0
1,219.7
1,548.4
1,016.6
884.2
131.9
532.2
22.5
180.6
329.0
17.1
311.2
63.9
151.1
96.7
-3.7
1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and
government own-account investment (construction and software).
2 . Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on
these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in
software in table 3.9.5.
N o te . Chained (2 0 0 5 ) dollar series are calculated as the product of the chain-type quantity index and the 2 0 0 5 current-dollar value of the corresponding series, divided by 1 0 0 . 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.
December 2012
D-35
Survey of Current Business
Table 3.11.1. Percent Change From Preceding Period in Real National Defense Consumption
Expenditures and Gross Investment by Type
[Percent]
Seasonally adjusted at annual rates
Line
2010
2011
III
National defense consum ption expenditures and gross in ve stm e n t......................
C onsum ption expenditures 1......................................................................................................
Gross output of general government.........................................................................................
Value added...............................................................
Compensation of general government employees
M ilitary...............................................................
Civilian................................................................
Consumption of general government fixed capital2
Intermediate goods and services purchased 3 .....
Durable goods.....................................................................................................................
Aircraft..............................................................................................................................
Missiles
Ships...
Vehicles
Electronics
Other durable goods
Nondurable goods..............................................................................................................
Petroleum products........................................................................................................
Ammunition................
Other nondurable goods
Services..........................
Research and development
Installation support
Weapons support......
Personnel support..........................................................................................................
Transportation of m aterial.............................................................................................
Travel of persons......
Less: Own-account investment4
Sales to other sectors
G ross in ve stm e n t5 ...................
Structures......................................................................................................................................
Equipment and software
Aircraft......................
Missiles...................
Ships........................
Vehicles...................
Electronics and software
Other equipment....
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
26
27
28
29
30
31
32
33
34
35
36
37
38
3.0
3.0
3.0
3.4
3.1
1.6
6.5
4.3
2.5
2.3
9.0
-0.2
8.7
-1.5
-1.9
-0.4
-2.8
2.8
-0.8
-10.2
3.2
-6.0
2.5
13.7
6.1
3.4
2.7
6.5
-4.6
2.6
-1.0
3.3
16.9
8.2
0.8
3.4
0.0
-0.6
-2.6
-1.8
-1.8
1.4
0.9
-0.4
3.6
3.0
-5.5
-4.8
12.3
-18.0
-18.6
-16.5
-19.9
-4.4
3.7
4.2
-3.6
6.2
-6.6
-9.4
-6.6
-7.5
-3.0
-12.5
-11.6
-4.9
5.1
-7.3
-21.2
-5.0
13.7
-7.0
-6.0
-26.4
-8.5
-5.6
2012
2011
2.6
5.4
5.3
1.1
0.7
-0.1
2.5
2.3
10.7
10.2
29.2
5.5
11.4
-31.2
-1.9
6.9
4.4
0.3
21.8
6.2
11.6
46.0
4.3
8.4
6.9
-18.2
-13.0
-16.1
4.6
-14.2
-43.6
-8.8
-16.3
-34.7
-7.2
-10.3
0.6
-3.8
IV
-10.6
-13.1
-13.0
1.5
1.3
-0.4
4.8
2.0
-28.0
14.3
16.0
33.0
-7.0
18.8
13.1
7.0
10.9
9.7
26.9
6.6
-37.9
-59.6
-22.3
-57.1
-22.7
-32.2
-7.6
-11.1
-1.1
7.4
-45.6
16.9
24.1
44.3
81.5
-5.9
8.6
0.5
I
III
II
-7.1
-4.7
-4.8
-3.6
-5.1
-5.8
-3.8
1.4
-6.4
-35.9
-25.1
-50.9
-54.8
-62.3
-57.1
-15.9
-2.4
8.4
-48.4
2.5
0.2
19.0
-1.4
-6.8
6.1
-56.7
-12.9
-15.7
-10.0
-21.3
-45.7
-18.1
51.0
38.1
-57.7
-65.7
-33.9
-17.0
-0.2
-2.1
-2.1
-1.7
-2.8
-3.4
-1.6
1.7
-2.6
5.1
1.7
-15.1
152.7
87.7
25.3
-13.9
-13.8
-26.3
19.7
2.8
-2.2
23.0
-7.1
-13.6
0.3
-45.9
-26.4
-8.8
-0.9
13.8
-43.5
21.5
40.5
6.9
89.1
49.6
12.3
-5.2
12.9
15.0
14.8
-0.9
-1.7
-2.1
-1.0
1.8
38.4
21.4
34.5
104.2
40.0
-19.6
-2.8
9.6
-20.7
-46.9
97.1
1.2
52.1
-3.7
65.6
219.4
60.8
-25.1
-11.4
-8.1
-0.9
-0.3
-46.5
4.7
30.1
-4.8
-24.4
-5.8
1.7
5.0
1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on
these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in
software.
5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures.
D-36
National Data
December 2012
Table 3.11.3. Real National Defense Consumption Expenditures
and Gross Investment by Type, Quantity Indexes
Table 3.11.4. Price Indexes for National Defense Consumption
Expenditures and Gross Investment by Type
[Index numbers, 2005=100]
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
III
National defense
consum ption expenditures
and gross investm ent
C onsum ption expenditures 1
Gross output of general
government................................
Value a dd e d ...............................
Compensation of general
government employees....
Military................................
Civilian................................
Consumption of general
government fixed ca p ita l2
Intermediate goods and
services purchased 3 ...........
Durable goods.......................
Aircraft................................
M issiles..............................
S hips..................................
Vehicles..............................
Electronics.........................
Other durable goods
Nondurable goods................
Petroleum products..........
Ammunition.......................
Other nondurable goods...
Services.................................
Research and
development..................
Installation support...........
Weapons support.............
Personnel support............
Transportation of material
Travel of persons..............
Less: Own-account investment4
Sales to other sectors
G ross in ve stm e n t5..........................
Structures........................................
Equipment and software...............
Aircraft..
Missiles.
S hip s....
Vehicles
Electronics and software..........
Other equipment........................
Seasonally adjusted
2012
2011
IV
I
II
Line
1 121.829 118.683 120.496 117.163 115.031 114.987 118.528
2 118.484 116.338 118.672 114.592 113.213 112.619 116.625
3 118.281 116.166 118.473 114.422 113.024 112.427 116.382
4 114.205 115.792 115.933 116.351 115.300 114.794 114.541
5 112.025 113.024 113.090 113.447 111.967 111.170 110.685
6 110.765 110.328 110.390 110.268 108.641 107.704 107.131
7 114.692 118.847 118.924 120.340 119.191 118.711 118.426
8 121.239 124.860 125.259 125.885 126.337 126.866 127.430
9
10
11
12
13
14
15
16
17
18
19
20
21
123.293
152.338
145.602
128.611
51.901
290.995
202.647
136.110
104.996
104.568
89.626
117.441
121.045
116.549
144.962
163.439
105.509
42.239
243.101
162.338
130.186
108.864
108.989
86.408
124.707
113.016
121.537
147.605
172.223
101.942
45.517
232.480
162.738
130.657
108.340
107.780
86.963
125.130
119.104
111.952
152.634
178.746
109.480
44.697
242.689
167.838
132.895
111.167
110.307
92.293
127.157
105.714
110.125
136.564
166.309
91.633
36.643
190.122
135.822
127.260
110.496
112.562
78.236
127.955
105.763
109.413
138.279
167.023
87.956
46.200
222.526
143.706
122.580
106.459
104.278
81.835
128.850
105.186
118.665
145.140
179.877
105.149
50.252
210.697
142.701
125.424
100.475
89.015
96.961
129.237
116.811
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
91.703
115.794
131.060
144.705
169.572
104.349
108.318
92.722
146.044
190.644
140.356
121.515
133.543
98.368
228.571
171.242
140.539
83.122
108.095
121.257
140.348
148.361
92.246
103.018
97.443
135.354
150.219
133.401
138.113
124.150
92.438
168.332
156.674
132.677
91.566
111.348
133.521
145.930
145.048
90.121
100.949
98.324
133.177
141.359
132.055
138.319
115.487
89.408
164.590
157.116
132.233
73.010
104.547
108.038
136.852
131.603
88.352
98.024
98.046
135.583
121.377
137.308
145.988
126.579
103.770
162.127
160.400
132.410
76.250
104.178
106.139
138.887
106.757
85.362
93.938
95.505
127.695
104.194
130.616
161.831
137.207
83.684
124.079
144.620
126.378
80.305
102.282
102.322
139.006
91.568
79.060
91.803
95.299
131.887
90.344
137.121
176.187
139.526
98.129
137.225
148.883
124.700
79.546
116.022
136.789
156.521
85.179
76.702
89.885
95.093
131.804
77.282
138.713
188.155
137.808
91.493
135.186
149.507
126.234
1. National defense consumption expenditures are defense services produced by government that are valued at their
cost of production. Excludes government sales to other sectors and government own-account investment (construction
and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the
services of general government fixed assets; the use of depreciation assumes a zero net return on these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account
investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and
related expenditures for goods and services and is classified as investment in structures and in software.
5. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2010
2011
III
2011
III
National defense
consum ption expenditures
and gross investm ent.........
C onsum ption expenditures 1.........
Gross output of general
government.................................
Value added................................
Compensation of general
government em ployees....
M ilitary................................
Civilian................................
Consumption of general
government fixed c a p ita l2
Intermediate goods and
services purchased 3............
Durable goods.......................
Aircraft................................
Missiles...............................
Ships...................................
Vehicles..............................
Electronics.........................
Other durable goods.........
Nondurable goods................
Petroleum products...........
Ammunition........................
Other nondurable goods...
Services..................................
Research and
development.................
Installation support...........
Weapons support.............
Personnel support............
Transportation of material
Travel of persons...............
Less: Own-account investm ent4
Sales toother sectors......
Gross in v e s tm e n t5..........................
Structures.......................................
Equipment and software...............
A ircraft.........................................
M issiles.......................................
Ships............................................
Vehicles......................................
Electronics and software...........
Other equipment........................
2012
IV
I
II
III
1 113.951 117.411 118.047 117.780 119.008 119.268 119.528
2 115.161 118.894 119.572 119.338 120.695 120.921 121.249
3 115.168 118.899 119.576 119.342 120.696 120.924 121.253
4 117.590 120.366 121.071 120.878 122.307 123.154 123.735
b 120.438 123.287 123.900 123.902 125.725 126.674 127.413
6 121.261 124.543 125.029 125.128 127.918 128.978 129.825
7 118.766 120.739 121.600 121.408 121.338 122.069 122.598
8 109.143 111.704 112.667 111.921 112.239 112.800 112.945
9
10
11
12
13
14
15
16
17
18
19
20
21
112.375
104.124
101.703
107.381
109.043
106.032
101.606
106.825
122.265
129.502
118.403
111.466
112.767
117.212
104.559
101.815
108.546
111.341
107.435
101.516
107.597
146.703
176.347
124.035
114.071
116.462
117.860
104.619
101.811
108.358
111.453
107.246
101.624
107.869
148.606
179.026
125.470
115.104
117.086
117.575
104.855
102.101
109.499
111.553
108.458
101.465
107.780
147.302
176.743
124.340
115.021
116.798
118.836
105.128
102.255
109.734
112.340
109.033
101.807
108.122
155.772
193.716
125.045
115.356
117.424
118.282
105.361
102.420
110.566
111.690
109.002
101.922
108.504
143.599
168.433
124.840
115.509
118.052
118.304
105.567
102.743
110.985
111.337
109.036
101.805
108.748
142.200
164.865
124.589
116.115
118.186
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
114.221
113.920
110.876
111.255
112.923
115.471
117.659
115.030
106.355
117.423
105.213
104.980
107.292
122.008
107.685
93.635
105.689
117.999
119.301
113.609
113.187
120.573
125.343
122.909
117.347
108.212
120.794
106.868
106.893
113.341
128.687
109.032
92.946
106.572
118.533
120.546
114.272
113.485
120.868
127.102
123.965
117.591
108.602
121.361
107.226
107.448
113.138
130.028
108.889
92.890
106.915
118.638
119.194
114.543
113.719
118.267
125.613
122.698
117.925
108.133
122.292
106.603
104.228
116.073
128.967
110.477
92.764
106.693
119.578
119.595
115.324
114.231
119.514
125.440
123.063
119.414
108.582
122.711
107.056
104.921
116.243
130.151
111.286
92.910
106.935
120.021
119.929
115.792
114.535
123.849
128.895
123.805
119.799
109.054
123.491
107.500
105.610
117.241
130.481
112.298
92.821
107.351
120.458
119.821
116.436
114.957
121.003
125.603
124.281
120.059
108.894
124.532
107.260
105.157
117.835
129.381
111.928
92.413
107.541
1. National defense consumption expenditures are defense services produced by government that are valued at their
cost of production. Excludes government sales to other sectors and government own-account investment (construction
and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the
services of general government fixed assets; the use of depreciation assumes a zero net return on these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account
investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and
related expenditures for goods and services and is classified as investment in structures and in software.
5. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
D-37
Survey of Current Business
December 2012
Table 3.11.5. National Defense Consumption Expenditures
and Gross Investment by Type
Table 3.11.6. Real National Defense Consumption Expenditures
and Gross Investment by Type, Chained Dollars
[Billions of dollars]
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
National defense
consum ption expenditures
and gross in ve stm e n t........
Consum ption expenditures 1........
Gross output of general
government................................
Value a dded...............................
Compensation of general
government employees....
Military................................
Civilian................................
Consumption of general
government fixed c a p ita l2
Intermediate goods and
services purchased 3 ...........
Durable goods.......................
Aircraft................................
M issiles..............................
S hips..................................
Vehicles..............................
Electronics.........................
Other durable goods.........
Nondurable goods................
Petroleum products..........
Other nondurable goods...
Services.................................
Research and
development..................
Installation support...........
Weapons support.............
Personnel support............
Transportation of material
Travel of persons..............
Less: Own-account investment4
Sales to other sectors.....
Gross in v e s tm e n t5..........................
Structures........................................
Equipment and software...............
Aircraft.........................................
Missiles.......................................
Ships
Vehicles......................................
Electronics and software..........
Other equipment........................
2012
IV
I
II
Line
III
1
2
817.7
702.5
820.8
712.1
837.8
730.5
812.8
704.0
806.4
703.5
807.8
701.1
834.5
728.0
3
4
708.6
381.9
718.5
396.4
736.9
399.2
710.3
400.0
709.6
401.0
707.2
402.1
734.0
403.1
5
6
7
291.0
197.5
93.5
300.6
202.0
98.5
302.2
203.0
99.3
303.2
202.9
100.3
303.6
204.4
99.3
303.8
204.3
99.5
304.2
204.5
99.7
8
90.9
95.8
96.9
96.8
97.4
98.3
98.9
9
10
11
12
13
14
15
16
17
18
19
20
21
326.7
46.9
15.9
4.5
0.8
3.5
11.1
11.1
26.8
13.7
4.2
8.9
253.0
322.1
44.8
17.9
3.7
0.6
2.9
8.9
10.7
33.4
19.4
4.3
9.7
244.0
337.7
45.6
18.8
3.6
0.7
2.8
8.9
10.8
33.6
19.5
4.3
9.8
258.5
310.3
47.3
19.6
3.9
0.7
3.0
9.1
11.0
34.2
19.7
4.6
10.0
228.9
308.6
42.4
18.3
3.3
0.6
2.3
7.4
10.5
35.9
22.0
3.9
10.1
230.2
305.1
43.0
18.4
3.2
0.7
2.7
7.9
10.2
31.9
17.7
4.1
10.2
230.2
331.0
45.3
19.8
3.8
0.8
2.6
7.8
10.5
29.8
14.8
4.8
10.2
255.9
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
56.5
46.6
35.4
89.9
14.8
9.9
2.6
3.5
115.3
16.7
98.6
17.2
5.7
11.8
9.5
20.3
34.0
52.9
45.6
33.6
88.7
13.8
9.5
2.6
3.8
108.7
13.5
95.2
20.0
5.6
11.7
7.1
18.4
32.4
58.5
47.4
37.2
92.5
13.5
9.4
2.6
3.8
107.3
12.8
94.5
20.1
5.2
11.4
6.9
18.5
32.4
46.7
44.0
30.2
86.9
12.0
9.1
2.5
3.8
108.8
11.1
97.7
20.6
5.9
13.1
6.9
18.8
32.4
49.2
44.0
29.8
88.6
9.8
8.8
2.4
3.8
102.9
9.5
93.4
23.0
6.4
10.7
5.3
17.0
31.0
52.0
43.3
28.9
88.9
8.7
8.4
2.3
3.8
106.7
8.3
98.4
25.2
6.6
12.6
6.0
17.5
30.7
51.7
49.1
38.8
100.4
7.9
7.9
2.3
3.8
106.5
7.2
99.3
26.8
6.5
11.6
5.9
17.5
31.1
National defense
consum ption expenditures
and gross investm ent.........
C onsum ption expenditures 1.........
Gross output of general
government.................................
Value added................................
Compensation of general
government employees....
M ilitary................................
Civilian................................
Consumption of general
government fixed capital2
Intermediate goods and
services purchased 3............
Durable goods.......................
Aircraft................................
Missiles...............................
Ships...................................
Vehicles..............................
Electronics.........................
Other durable goods.........
Nondurable goods................
Petroleum products...........
Other nondurable goods...
Services..................................
Research and
development.................
Installation support...........
Weapons support.............
Personnel support............
Transportation of material
Travel of persons...............
Less: Own-account investm ent4
Sales to other sectors.......
G ross in ve stm e n ts..........................
S tructures.......................................
Equipment and software...............
A ircraft.........................................
Missiles........................................
Ships.
Vehicles......................................
Electronics and software...........
Other equipment........................
2012
2011
2011
III
1. National defense consumption expenditures are defense services produced by government that are valued at their
cost of production. Excludes government sales to other sectors and government own-account investment (construction
and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the
services of general government fixed assets; the use of depreciation assumes a zero net return on these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account
investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and
related expenditures for goods and services and is classified as investment in structures and in software.
5. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2010
IV
I
II
III
1
2
717.6
610.0
699.1
599.0
709.8
611.0
690.1
590.0
677.6
582.9
677.3
579.8
698.2
600.4
3
4
615.3
324.8
604.3
329.3
616.3
329.7
595.2
330.9
587.9
327.9
584.8
326.5
605.4
325.7
5
6
7
241.6
162.9
78.7
243.8
162.2
81.6
243.9
162.3
81.7
244.7
162.1
82.6
241.5
159.8
81.8
239.8
158.4
81.5
238.8
157.5
81.3
8
83.3
85.8
86.0
86.5
86.8
87.1
87.5
9
10
11
12
13
14
15
16
17
18
19
20
21
290.7
45.0
15.6
4.2
0.7
3.3
10.9
10.4
21.9
10.5
3.6
8.0
224.4
274.8
42.8
17.6
3.5
0.6
2.7
8.7
10.0
22.7
11.0
3.4
8.5
209.5
286.6
43.6
18.5
3.3
0.6
2.6
8.7
10.0
22.6
10.9
3.5
8.5
220.8
264.0
45.1
19.2
3.6
0.6
2.7
9.0
10.2
23.2
11.1
3.7
8.7
196.0
259.7
40.4
17.9
3.0
0.5
2.1
7.3
9.8
23.1
11.4
3.1
8.7
196.0
258.0
40.9
17.9
2.9
0.6
2.5
7.7
9.4
22.2
10.5
3.3
8.8
195.0
279.8
42.9
19.3
3.4
0.7
2.4
7.7
9.6
21.0
9.0
3.9
8.8
216.5
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
49.5
40.9
31.9
80.8
13.1
8.5
2.2
3.1
108.4
14.2
93.7
16.4
5.4
9.7
8.8
21.7
32.2
-2.3
44.8
38.2
29.6
78.4
11.4
7.6
2.1
3.2
100.4
11.2
89.1
18.7
5.0
9.1
6.5
19.8
30.4
-1.9
49.4
39.3
32.5
81.5
11.2
7.4
2.1
3.2
98.8
10.5
88.2
18.7
4.6
8.8
6.4
19.9
30.3
-2.0
39.4
36.9
26.3
76.4
10.1
7.2
2.0
3.2
100.6
9.0
91.7
19.7
5.1
10.2
6.3
20.3
30.3
-1.9
41.1
36.8
25.9
77.5
8.2
7.0
1.9
3.2
94.8
7.8
87.2
21.9
5.5
8.2
4.8
18.3
28.9
-1.4
43.3
36.1
24.9
77.6
7.1
6.5
1.9
3.1
97.9
6.7
91.5
23.8
5.6
9.6
5.3
18.8
28.6
-2.2
42.9
41.0
33.3
87.4
6.6
6.3
1.8
3.1
97.8
5.8
92.6
25.4
5.5
9.0
5.2
18.9
28.9
-4.2
1. National defense consumption expenditures are defense services produced by government that are valued at their
cost of production. Excludes government sales to other sectors and government own-account investment (construction
and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the
services of general government fixed assets; the use of depreciation assumes a zero net return on these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account
investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and
related expenditures for goods and services and is classified as investment in structures and in software.
5. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
N ote. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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.
•38
National Data
December 2012
Foreign Transactions
Table 4.1. Foreign Transactions in the National Income and Product Accounts
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Current receipts from the rest o f the w o rld ....................................................................
E xports o f goods and service s...................................................................................................
Goods 1.........................................................................................................................................
Durable....
Nondurable...............................................................................................................................
Services 1...
Income receipts
Wage and salary receipts............................................................................................................
Income receipts on assets
Interest................
Dividends............
Reinvested earnings on U.S. direct investment abroad.....................................................
C urrent paym ents to the rest o f the w o rld ......................................................................
Im ports o f goods and se rvices...................................................................................................
Goods 1.................................
Durable.............................
Nondurable.......................
Services 1............................
Income paym ents..................
Wage and salary payments,
Income payments on assets......................................................................................................
Interest......................................................................................................................................
Dividends..................................................................................................................................
Reinvested earnings on foreign direct investment in the United States..........................
Current taxes and transfer payments to the rest o f the w orld (ne t)..................................
From persons (net).......................................................................................................................
From government (net)................................................................................................................
From business (net)....................................................................................................................
Balance on current account, N IP A s.................................................................................
Addenda:
Net lending or net borrowing (-), NIPAs...................................................................................
Balance on current account, NIPAs.......................................................................................
Less: Capital account transactions (n e t)2...........................................................................
2010
2011
2011
2012
III
IV
I
II
III
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
26
27
28
29
2,560.9
1,844.4
1,278.5
801.3
477.3
565.9
716.5
5.6
710.9
126.5
235.0
349.4
3,009.8
2,356.1
1,947.0
1,106.1
840.8
409.1
507.2
12.8
494.4
311.6
115.1
67.7
146.5
73.5
51.2
21.9
-448.8
2,877.9
2,094.2
1,474.5
898.1
576.3
619.7
783.7
5.8
777.9
132.7
262.0
383.2
3,343.7
2,662.3
2,229.2
1,231.8
997.4
433.0
531.8
13.8
518.0
311.7
118.8
87.5
149.6
73.9
55.5
20.2
-465.8
2,922.2
2,133.3
1,498.5
915.0
583.5
634.8
788.9
5.8
783.1
132.9
280.4
369.8
3,357.1
2,682.8
2,239.6
1,242.9
996.7
443.2
530.6
13.9
516.8
314.3
133.3
69.1
143.8
73.3
51.7
18.7
-434.9
2,907.3
2,120.3
1,501.9
916.7
585.2
618.4
787.1
5.8
781.3
136.1
267.8
377.4
3,383.7
2,715.1
2,277.3
1,266.3
1,011.0
437.8
523.1
13.7
509.3
315.1
112.1
82.1
145.5
75.1
52.9
17.5
-476.3
2,927.5
2,157.9
1,525.8
948.5
577.3
632.1
769.6
5.9
763.7
132.2
262.2
369.3
3,480.7
2,773.7
2,324.3
1,316.6
1,007.7
449.3
554.7
13.4
541.2
312.7
117.0
111.6
152.3
75.5
57.4
19.3
-553.2
2,963.6
2,188.5
1,550.5
951.3
599.2
637.9
775.1
5.9
769.2
127.6
258.6
383.0
3,448.5
2,765.4
2,312.4
1,329.8
982.6
453.0
527.8
13.5
514.3
309.3
133.3
71.7
155.4
76.4
54.6
24.4
-485.0
2,973.8
2,197.3
1,554.9
949.4
605.5
642.3
776.5
6.0
770.6
124.6
266.3
379.7
3,403.4
2,720.1
2,261.7
1,314.2
947.5
458.5
526.4
13.6
512.9
300.6
121.8
90.4
156.8
76.9
51.6
28.3
-429.6
30
31
32
-449.5
-448.8
0.7
-467.4
-465.8
1.7
-436.6
-434.9
1.6
-477.0
-476.3
0.7
-553.6
-553.2
0.5
-485 4
-485.0
0.5
-429.6
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassi
fied from goods to services.
2. Consists of capital transfers and the acquisition and disposal of nonproduced nonfinancial assets. Prior to 1982, reflects only capital grants paid to the U.S. territories and the Commonwealths of Puerto Rico and
Northern Mariana Islands.
D-39
Survey of Current Business
December 2012
Table 4.2.1. Percent Change From Preceding Period in Real Exports and in
Real Imports of Goods and Services by Type of Product
Table 4.2.2. Contributions to Percent Change in Real Exports and in
Real Imports of Goods and Services by Type of Product
[Percent]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
2010
2011
IV
III
1
2
3
4
5
6
7
11.1
14.3
10.3
15.5
16.9
14.9
13.6
8
9
10
I
Line
III
1.1
0.2
15.6
-8.4
-8.6
-8.3
7.5
1.4
6.0
5.8
13.5
-2.3
20.7
4.6
4.4
4.0
-10.2
-6.3
7.9
-11.6
12.5
5.3
7.0
32.1
9.1
0.2
13.1
-0.8
32.9
3.8
35.0
-23.9
62.9
11.9
3.4
-3.1
5.8
13.9
7.5
-8.2
6.7
-10.6
-0.4
6.7
7.2
-0.5
6.4
3.5
7.8
9.3
6.1
6.2
-10.8
5.8
-2.3
9.4
8.6
-6.3
7.5
19.3
18.3
16.6
8.8
11
36.3
16.9
20.9
-2.6
24.3
9.3
-10.9
12
13
14
15
16
9.3
17.6
1.1
-0.2
4.7
4.5
9.6
-1.2
0.5
5.6
1.4
0.9
2.0
10.3
6.1
3.4
2.9
4,0
-10.7
-8.8
-7.0
-0.9
-14.2
51.4
5.2
13.7
-0.1
33.6
-9.1
1.1
-0.5
-7.5
8.6
7.1
3.2
17
18
19
20
21
22
23
-12.8
6.6
2.2
9.0
7.3
5.1
-18.4
25.9
6.8
6.5
-1.1
10.1
2.9
8.4
-2.0
8.8
16.9
7.7
7.5
2.2
21.6
3.7
-11.1
-20.7
-3.4
-13.5
-5.9
2.4
-18.0
17.9
17.9
-1.2
4.8
1.0
5.5
-15.6
2.9
-8.1
-2.3
6.0
1.0
3.9
-11.4
4.3
13.5
-3.7
4.2
3.5
-5.2
24
25
26
12.5
14.9
2.2
4.8
5.2
2.0
4.7
2.9
7.0
4.9
6.3
20.3
3.1
2.0
-2.9
2.8
2.9
-5.0
0.1
-1.0
8.2
27
28
29
30
31
14.4
14.7
14.2
0.5
21.3
6.5
8.9
4.2
-1.9
13.7
0.6
-5.5
7.5
-2.3
6.5
-4.0
-4.8
-3.1
2.9
12.9
12.3
43.6
-14.0
-21.7
11.5
0.3
-3.8
5.2
-3.0
7.5
6.5
-11.5
29.4
-4.4
-9.0
32
-0.8
9.5
-9.4
119.8
-46.9
27.6
33
34
26.9
21.9
7.3
16.6
6.6
8.0
3.7
8.5
16.5
18.5
-2.5
9.1
-32.3
-2.2
35
40.8
9.8
65.7
8.6
36.0
4.3
7.9
36
37
38
39
40
41
42
43
44
45
46
47
12.8
16.4
8.9
14.3
2.5
4.5
-0.1
-4.7
12.0
5.3
1.8
-1.3
4.5
3.8
5.3
-13.5
2.8
-10.8
1.5
6.4
1.7
6.9
5.1
-4.9
-9.3
-8.8
-9.7
-38.9
13.8
-8.5
7.2
5.6
6.6
50.1
17.5
23.0
1.7
12.0
-8.6
31.8
-1.7
-5.8
5.0
-5.8
11.1
5.2
-7.3
-5.7
-7.3
-9.1
-5.2
33.8
9.0
3.2
22.1
24.6
8.2
10.9
3.8
-17.4
6.2
7.2
5.0
1.6
2.3
8.2
3.8
-0.7
-5.2
6.7
2.9
1.3
0.0
1.7
-1.9
-2.0
5.9
3.0
-5.3
-0.8
0.2
67.2
3.6
5.8
48
49
50
51
52
53
54
16.7
10.3
10.7
14.7
22.5
5.7
18.2
9.1
4.1
-1.5
8.1
8.9
0.6
7.0
7.7
3.8
-13.7
8.4
8.8
-3.7
4.4
1.6
13.3
11.8
5.4
10.0
1.8
7.2
13.1
-9.0
-2.5
4.7
15.5
-13.1
9.2
0.7
18.2
26.8
5.2
5.1
0.0
4.4
0.4
0.1
15.9
-1.4
-3.3
2.2
-0.2
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to
services.
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
2010
2011
Percent change at annual rate:
Exports o f goods and
se rv ic e s .................................
Percentage points at annual rates:
Exports o f goods 1 ..........................
Foods, feeds, and beverages........
Industrial supplies and materials
Durable goods............................
Nondurable g oods.....................
Capital goods, except automotive
Civilian aircraft, engines, and
p a rts........................................
Computers, peripherals, and
p a rts........................................
Other............................................
Automotive vehicles, engines, and
parts.............................................
Consumer goods, except
automotive..................................
Durable goods...........................
Nondurable g oods.....................
Other................................................
Exports o f services 1.......................
Transfers under U.S. military
agency sales contracts.............
Travel................................................
Passenger fares..............................
Other transportation.......................
Royalties and license fe e s ............
Other private services....................
Other................................................
Percent change at annual rate:
Im ports o f goods and
s e rvice s.................................
Percentage points at annual rates:
Im ports o f goods 1...........................
Foods, feeds, and beverages........
Industrial supplies and materials,
except petroleum and products
Durable g oods............................
Nondurable g oods.....................
Petroleum and products................
Capital goods, except automotive
Civilian aircraft, engines, and
p a rts........................................
Computers, peripherals, and
p a rts .......................................
Other............................................
Automotive vehicles, engines, and
parts.............................................
Consumer goods, except
automotive..................................
Durable goods...........................
Nondurable g oods.....................
Other................................................
Im ports o f services 1.......................
Direct defense expenditures.........
Travel................................................
Passenger fares..............................
Other transportation.......................
Royalties and license fe e s............
Other private services....................
Other................................................
2012
2011
IV
III
II
CO
Exports o f goods and
se rvice s.................................
Exports o f goods 1..........................
Foods, feeds, and beverages........
Industrial supplies and materials
Durable goods............................
Nondurable goods.....................
Capital goods, except automotive
Civilian aircraft, engines, and
p arts........................................
Computers, peripherals, and
parts........................................
O th er...........................................
Automotive vehicles, engines, and
parts............................................
Consumer goods, except
automotive..................................
Durable goods............................
Nondurable goods.....................
O ther...............................................
Exports of services 1 ......................
Transfers under U.S. military
agency sales contracts.............
Travel...............................................
Passenger fares..............................
Other transportation......................
Royalties and license fees............
Other private services...................
O th er...............................................
Im ports o f goods and
se rvice s.................................
Im ports of goods 1..........................
Foods, feeds, and beverages........
Industrial supplies and materials,
except petroleum and products
Durable goods............................
Nondurable goods.....................
Petroleum and products...............
Capital goods, except automotive
Civilian aircraft, engines, and
parts........................................
Computers, peripherals, and
parts.......................................
O th er...........................................
Automotive vehicles, engines, and
pa rts............................................
Consumer goods, except
automotive..................................
Durable goods............................
Nondurable goods.....................
O ther...............................................
Im ports o f services 1.......................
Direct defense expenditures.........
Travel...............................................
Passenger fares..............................
Other transportation......................
Royalties and license fees............
Other private services...................
O th er...............................................
Addenda:
Exports of durable g oods.............
Exports of nondurable g oods.......
Exports of agricultural goods 2....
Exports of nonagricultural goods
Imports of durable goods..............
Imports of nondurable goods........
Imports of nonpetroleum g oods...
2012
2011
I
III
II
1
11.1
6.7
6.1
1.4
4.4
5.3
1.1
2
3
4
5
6
7
9.61
0.61
3.01
1.05
1.96
3.30
5.00
-0.03
1.42
0.24
1.18
2.20
4.33
-0.69
1.39
-0.15
1.53
1.99
4.14
0.33
2.96
-0.16
3.11
1.07
2.89
-0.62
-1.47
0.52
-1.99
2.87
4.92
1.67
2.02
0.02
2.00
-0.16
0.17
0.95
-1.93
-0.58
-1.35
1.76
8
-0.29
0.29
1.11
0.15
1.26
-1.13
2.08
9
10
0.44
3.15
0.37
1.54
0.27
0.62
-0.07
0.99
0.31
1.30
-0.20
1.17
-0.25
-0.06
11
1.83
1.00
1.23
-0.17
1.45
0.62
-0.78
12
13
14
15
16
0.86
0.81
0.05
-0.01
1.53
0.39
0.44
-0.05
0.02
1.68
0.12
0.05
0.08
0.29
1.79
0.28
0.13
0.15
-0.33
-2.70
-0.60
-0.04
-0.56
1.26
1.49
1.08
0.00
1.08
-0.30
0.33
-0.04
-0.35
0.32
0.21
0.93
17
18
19
20
21
22
23
-0.12
0.39
0.04
0.20
0.45
0.76
-0.20
0.18
0.38
0.11
-0.02
0.57
0.40
0.07
-0.01
0.49
0.29
0.16
0.43
0.29
0.16
0.03
-0.66
-0.42
-0.07
-0.83
-0.77
0.02
-0.15
0.93
0.30
-0.02
0.27
0.13
0.04
-0.12
0.16
-0.15
-0.05
0.34
0.12
0.03
-0.08
0.24
0.23
-0.07
0.23
0.43
-0.04
24
12.5
4.8
4.7
4.9
3.1
2.8
0.1
25
26
11.99
0.09
4.30
0.08
2.51
0.28
5.20
0.77
1.68
-0.12
2.40
-0.21
-0.84
0.32
27
28
29
30
31
1.47
0.74
0.73
0.08
3.90
0.70
0.47
0.22
-0.32
2.53
0.08
-0.32
0.40
-0.41
1.22
-0.44
-0.26
-0.17
0.50
2.39
1.24
2.00
-0.76
-4.24
2.15
0.04
-0.22
0.25
-0.51
1.46
0.67
-0.67
1.33
-0.69
-1.90
32
-0.01
0.12
-0.13
1.09
-0.89
0.33
0.12
33
34
1.23
2.68
0.34
2.06
0.30
1.05
0.17
1.13
0.69
2.35
-0.11
1.24
-1.70
-0.33
35
3.20
0.91
4.73
0.83
3.18
0.45
0.83
36
37
38
39
40
41
42
43
44
45
46
47
2.71
1.81
0.90
0.54
0.49
0.06
0.00
-0.06
0.26
0.08
0.16
-0.01
0.90
0.41
0.50
-0.50
0.47
-0.14
0.05
0.07
0.04
0.10
0.38
-0.02
-1.89
-0.94
-0.95
-1.49
2.15
-0.07
0.21
0.06
0.13
0.55
1.18
0.08
0.34
1.16
-0.82
0.81
-0.27
-0.05
0.14
-0.07
0.22
0.07
-0.56
-0.02
-1.43
-0.95
-0.47
0.89
1.41
0.03
0.60
0.27
0.16
0.15
0.27
-0.07
1.12
0.69
0.43
0.05
0.38
0.08
0.11
-0.01
-0.11
0.09
0.20
0.00
0.00
0.17
-0.17
-0.06
0.95
0.03
-0.17
-0.01
0.00
0.81
0.25
0.02
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to
services.
D-40
National Data
December 2012
Table 4.2.3. Real Exports and Imports of Goods and Services
by Type of Product, Quantity Indexes
Table 4.2.4. Price Indexes for Exports and Imports
of Goods and Services by Type of Product
[Index numbers, 2005=100]
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
III
Exports of goods and
se rvice s..............................
Exports o f goods 1.......................
Foods, feeds, and beverages....
Industrial supplies and
materials..................................
Durable goods........................
Nondurable goods..................
Capital goods, except
automotive...............................
Civilian aircraft, engines, and
parts....................................
Computers, peripherals, and
parts....................................
O th er........................................
Automotive vehicles, engines,
and parts.................................
Consumer goods, except
automotive...............................
Durable goods........................
Nondurable goods..................
O ther................................... ........
Exports o f services 1 ...................
Transfers under U.S. military
agency sales contracts..........
Travel............................................
Passenger fares..........................
Other transportation...................
Royalties and license fees.........
Other private services...............
O th er............................................
Im ports o f goods and
service s..............................
Im ports of goods 1 .......................
Foods, feeds, and beverages....
Industrial supplies and
materials, except petroleum
and products...........................
Durable goods........................
Nondurable goods..................
Petroleum and products............
Capital goods, except
automotive...............................
Civilian aircraft, engines, and
parts....................................
Computers, peripherals, and
parts....................................
O ther........................................
Automotive vehicles, engines,
and parts.................................
Consumer goods, except
automotive...............................
Durable goods........................
Nondurable goods..................
O th e r............................................
Im ports o f services 1....................
Direct defense expenditures......
Travel............................................
Passenger fares..........................
Other transportation...................
Royalties and license fees.........
Other private services...............
O th er............................................
Addenda:
Exports of durable goods..........
Exports of nondurable g oods....
Exports of agricultural goods 2
Exports of nonagricultural
goods........................................
Imports of durable goods...........
Imports of nondurable goods....
Imports of nonpetroleum goods
Seasonally adjusted
2012
2011
IV
I
II
Line
4 141.132 150.217 149.743 154.553 152.067 155.426 152.065
5 129.388 133.969 134.546 133.755 136.337 136.404 133.361
6 147.679 159.130 158.117 165.745 160.720 165.731 162.194
7 124.729 136.318 138.397 139.957 144.132 143.856 146.494
8 104.783 112.638 117.757 118.848 128.111 119.646 135.165
9 130.989 152.691 156.360 155.129 160.271 156.898 152.545
10 129.240 140.555 141.610 143.634 146.266 148.663 148.526
11 108.655 127.012 130.719 129.862 137.111 140.201 136.215
12
13
14
15
16
133.923
136.492
131.039
105.646
125.805
139.956
149.539
129.460
106.161
132.793
141.082
150.361
130.919
106.306
134.954
142.257
151.425
132.216
103.339
131.896
139.704
151.078
127.263
114.628
133.573
144.258
151.052
136.819
111.914
133.940
144.094
148.136
139.668
113.844
135.012
17
18
19
20
21
22
23
64.612
113.421
121.077
87.413
149.486
142.490
96.225
81.354
121.090
128.976
86.451
164.527
146.693
104.312
83.165
124.699
134.286
87.258
168.491
147.196
107.460
83.924
121.080
126.702
86.509
162.487
144.986
108.088
79.871
126.169
132.033
86.255
164.407
145.349
109.547
76.546
127.066
129.291
85.752
166.826
145.696
110.613
74.263
128.420
133.464
84.948
168.537
146.951
109.141
24 102.832 107.746 108.037 109.345 110.179 110.936 110.966
25 101.309 106.561 106.491 108.122 108.652 109.422 109.146
26 103.943 106.026 105.745 110.744 109.923 108.510 110.659
80.894
73.234
89.823
90.330
86.184
79.718
93.607
88.605
87.169
79.898
95.584
87.355
86.294
78.923
94.837
87.985
88.840
86.393
91.335
82.754
88.908
85.558
92.510
82.125
90.318
82.977
98.666
81.210
31 122.445 139.235 140.417 144.749 148.726 151.427 147.891
32
96.589 105.732
98.899 120.416 102.769 109.227 111.565
33 164.192 176.179 180.497 182.140 189.221 188.037 170.556
34 113.407 132.194 133.546 136.312 142.220 145.342 144.521
35
89.337
36
37
38
39
40
41
42
43
44
45
46
47
113.799
114.550
112.963
85.352
111.507
87.768
93.024
76.213
79.880
122.038
160.080
92.199
98.048 101.141 103.253 111.513 112.680 114.838
118.922
118.895
118.965
73.841
114.630
78.323
94.453
81.066
81.212
130.442
168.301
87.699
117.605
116.271
119.115
69.730
116.906
76.649
95.120
82.145
81.236
134.907
174.266
89.217
118.109
119.608
116.456
74.710
116.402
75.510
96.276
80.921
83.402
136.636
170.977
87.918
115.892
116.786
114.911
80.346
118.950
76.110
101.199
85.503
85.065
140.224
172.595
83.813
117.636
118.837
116.316
80.658
119.637
77.627
102.140
85.346
83.937
142.512
173.824
84.079
117.641
119.352
115.760
80.248
121.356
78.208
100.764
85.166
83.987
162.059
175.357
85.268
48 123.356 134.604 136.494 137.050 141.336 141.566 141.691
49 137.674 143.307 142.349 146.847 143.431 149.544 149.563
50 132.487 130.492 126.090 129.663 128.838 136.729 141.864
51 127.989 138.386 139.778 141.642 143.284 145.112 144.617
52 104.026 113.294 113.705 116.460 120.737 122.251 121.245
53 96.976 97.590 97.035 97.463 94.113 94.102 94.606
54 103.274 110.479 110.809 112.747 115.262 116.505 116.442
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to
services.
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
2011
III
1 127.623 136.152 137.379 137.871 139.356 141.152 141.540
2 128.479 137.695 138.516 140.559 141.961 144.389 144.474
3 131.798 131.176 128.364 130.201 126.742 135.876 140.903
27
28
29
30
2010
2011
III
Exports o f goods and
se rv ic e s ............................
Exports o f goods 1 ......................
Foods, feeds, and beverages....
Industrial supplies and
materials.................................
Durable g oods.......................
Nondurable goods................
Capital goods, except
automotive..............................
Civilian aircraft, engines, and
p a rts...................................
Computers, peripherals, and
p arts...................................
Other.......................................
Automotive vehicles, engines,
and parts.................................
Consumer goods, except
automotive..............................
Durable goods.......................
Nondurable g oods................
Other............................................
E xports o f services 1...................
Transfers under U.S. military
agency sales contracts.........
Travel............................................
Passenger fares.........................
Other transportation...................
Royalties and license fe e s ........
Other private services...............
Other............................................
Im ports o f goods and
se rv ic e s ............................
Im ports of goods 1.......................
Foods, feeds, and beverages....
Industrial supplies and
materials, except petroleum
and products..........................
Durable g oods.......................
Nondurable g oods................
Petroleum and products............
Capital goods, except
automotive..............................
Civilian aircraft, engines, and
p a rts...................................
Computers, peripherals, and
p a rts...................................
Other.......................................
Automotive vehicles, engines,
and parts.................................
Consumer goods, except
automotive..............................
Durable goods.......................
Nondurable g oods................
Other...........................................
Im ports o f services 1...................
Direct defense expenditures....
Travel............................................
Passenger fares.........................
Other transportation...................
Royalties and license fe e s........
Other private services...............
Other............................................
Addenda:
Exports of durable goods..........
Exports of nondurable goods....
Exports of agricultural goods 2
Exports of nonagricultural
goods......................................
Imports of durable goods..........
Imports of nondurable goods....
Imports of nonpetroleum goods
2012
IV
I
II
III
1 110.738 117.860 118.992 117.839 118.652 118.802 118.953
2 109.828 118.182 119.393 117.920 118.617 118.511 118.778
3 138.612 163.210 165.373 162.161 162.994 168.336 180.750
4 120.981 141.746 144.794 140.253 141.330 138.891 137.062
5 117.635 130.110 131.970 129.518 128.983 127.461 125.351
6 122.717 147.532 151.148 145.616 147.449 144.572 142.869
7 100.167 100.949 101.189 101.177 101.601 101.846 101.784
8 122.901 127.364 127.874 129.012 129.927 130.642 131.692
9
10
73.457 69.612 69.093 68.399 71.019 70.406 69.558
99.961 100.949 101.287 101.199 101.104 101.423 101.300
11 104.737 106.503 106.891 107.720 108.124 108.756 108.789
12
13
14
15
16
106.990
103.464
111.183
114.364
112.740
108.435
104.771
112.797
123.983
116.972
108.923
104.969
113.672
125.386
117.910
108.568
105.047
112.739
123.825
117.520
109.508
105.996
113.662
124.435
118.609
110.072
106.876
113.799
124.369
119.385
109.983
106.646
113.890
124.699
119.251
17
18
19
20
21
22
23
109.490
111.537
122.031
113.113
111.329
111.944
128.675
111.375
117.229
135.441
120.666
114.055
115.083
127.648
111.875
118.405
140.476
121.664
114.490
115.661
128.708
111.616
118.147
139.821
121.273
114.814
115.032
126.285
111.980
119.692
140.635
122.582
115.535
116.228
125.747
112.484
120.247
144.236
124.070
115.743
117.055
124.484
112.673
120.435
139.342
122.860
116.211
117.323
122.279
24 112.989 121.851 122.466 122.463 124.156 122.942 120.897
25 112.520 122.482 123.143 123.328 125.262 123.743 121.333
26 130.671 149.924 150.364 149.489 149.708 149.192 147.126
27
28
29
30
115.983
125.778
106.446
155.495
127.845
138.316
117.618
207.160
130.021
140.591
119.687
207.609
126.492
135.356
117.671
211.733
122.888
133.649
112.330
229.426
122.862
131.315
114.561
215.670
121.158
128.769
113.649
197.663
31
96.592
96.839
96.868
96.565
97.215
97.005
96.902
32 125.628 130.566 130.586 133.501 136.367 136.919 137.995
33 76.535 72.819 72.274 71.386 71.606 71.214 71.534
34 101.700 103.523 103.840 103.578 104.243 104.069 103.693
35 105.479 108.709 109.556 109.603 110.152 110.695 110.797
36
37
38
39
40
41
42
43
44
45
46
47
103.883
101.538
106.668
115.085
114.714
115.134
117.692
136.766
103.605
111.313
115.325
112.678
105.719
102.674
109.345
119.392
118.126
125.277
120.733
146.754
108.769
114.062
116.608
116.536
106.223
103.287
109.716
120.380
118.532
127.386
121.303
147.956
109.419
114.482
116.515
117.256
107.161
103.521
111.494
120.047
117.614
124.184
119.702
149.742
106.591
114.806
116.174
116.116
107.392
103.791
111.678
119.792
118.117
122.055
120.228
158.549
106.193
115.527
116.170
116.942
107.407
103.418
112.164
120.330
118.399
119.876
120.024
156.783
108.591
115.735
116.615
117.364
107.040
102.893
111.991
119.975
118.131
118.478
120.012
153.356
108.722
116.204
116.506
117.499
48 103.952 106.785 107.287 107.049 107.410 107.549 107.239
49 123.269 143.004 145.719 141.653 143.068 142.434 143.916
50 138.387 165.369 165.900 161.559 161.608 165.468 176.510
51
52
53
54
107.702
103.702
127.019
105.947
114.634
106.040
149.721
109.835
115.905
106.608
150.471
110.500
114.643
106.047
151.952
110.137
115.385
106.355
156.853
110.002
114.996
106.093
152.958
110.018
114.463
105.712
146.712
109.550
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to
services.
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
December 2012
Survey of Current Business
D-41
Table 4.2.5. Exports and Imports of Goods and Services
by Type of Product
Table 4.2.6. Real Exports and Imports of Goods and Services
by Type of Product, Chained Dollars
[Billions of dollars]
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
Exports o f goods and
se rvice s..............................
Exports of goods 1.......................
Foods, feeds, and beverages....
Industrial supplies and
materials..................................
Durable goods........................
Nondurable goods..................
Capital goods, except
automotive...............................
Civilian aircraft, engines, and
p arts....................................
Computers, peripherals, and
parts....................................
O th er........................................
Automotive vehicles, engines,
and p arts.................................
Consumer goods, except
automotive...............................
Durable goods........................
Nondurable goods..................
O th er............................................
Exports o f services 1 ...................
Transfers under U.S. military
agency sales contracts..........
Travel............................................
Passenger fares..........................
Other transportation...................
Royalties and license fees.........
Other private services...............
O th er............................................
Im ports o f goods and
se rvice s..............................
Im ports of goods 1.......................
Foods, feeds, and beverages....
Industrial supplies and
materials, except petroleum
and products...........................
Durable goods........................
Nondurable goods..................
Petroleum and products............
Capital goods, except
automotive...............................
Civilian aircraft, engines, and
parts....................................
Computers, peripherals, and
p arts....................................
O th er.......................................
Automotive vehicles, engines,
and parts.................................
Consumer goods, except
automotive..............................
Durable goods........................
Nondurable goods.................
O th e r...........................................
Im ports o f services 1...................
Direct defense expenditures.....
Travel............................................
Passenger fares..........................
Other transportation..................
Royalties and license fees........
Other private services...............
O th er............................................
Addenda:
Exports of durable g oods..........
Exports of nondurable goods....
Exports of agricultural goods 2
Exports of nonagricultural
goods.......................................
Imports of durable goods...........
Imports of nondurable goods....
Imports of nonpetroleum goods
2010
1 1,844.4
2 1,278.5
3
107.7
2011
2011
Seasonally adjusted at annual rates
2012
Line
III
IV
I
II
III
2,094.2
1,474.5
126.2
2,133.3
1,498.5
125.2
2,120.3
1,501.9
124.6
2,157.9
1,525.8
121.9
2,188.5
1,550.5
134.9
2,197.3
1,554.9
150.3
4
5
6
388.5
125.1
263.4
484.4
143.3
341.2
493.4
145.9
347.5
493.3
142.4
350.9
489.1
144.5
344.6
491.3
142.9
348.4
474.3
137.4
336.9
7
447.8
493.2
501.9
507.5
524.8
525.1
534.4
8
72.0
80.2
84.1
85.6
93.0
87.3
99.4
9
10
43.8
332.0
48.4
364.7
49.2
368.6
48.3
373.5
51.8
380.0
50.3
387.5
48.3
386.7
11
112.0
133.1
137.5
137.6
145.9
150.0
145.8
12
13
14
15
16
165.2
87.7
77.5
57.4
565.9
175.0
97.3
77.7
62.5
619.7
177.2
98.0
79.2
63.3
634.8
178.0
98.8
79.3
60.8
618.4
176.4
99.4
76.9
67.8
632.1
183.1
100.2
82.8
66.1
637.9
182.7
98.1
84.6
67.5
642.3
17
18
19
20
21
22
23
12.8
103.5
31.0
40.8
107.2
255.3
15.3
16.4
116.1
36.6
43.1
120.8
270.2
16.5
16.8
120.8
39.6
43.8
124.2
272.5
17.1
16.9
117.0
37.1
43.3
120.1
266.9
16.9
16.2
123.5
38.9
43.6
122.3
270.4
17.1
15.6
125.0
39.1
43.9
124.3
273.0
17.1
15.1
126.5
39.0
43.1
126.1
276.0
16.5
24
25
26
2,356.1
1,947.0
92.5
2,662.3
2,229.2
108.2
2,682.8
2,239.6
108.3
2,715.1
2,277.3
112.7
2,773.7
2,324.3
112.1
2,765.4
2,312.4
110.2
2,720.1
2,261.7
110.9
27
28
29
30
249.6
125.3
124.3
353.8
293.1
150.0
143.1
462.3
301.4
152.8
148.7
456.8
290.3
145.3
145.0
469.2
290.4
157.0
133.3
478.2
290.5
152.8
137.7
446.1
291.0
145.3
145.7
404.3
31
450.3
513.4
517.9
532.2
550.5
559.3
545.7
32
31.2
35.5
33.2
41.3
36.0
38.5
39.6
33
34
117.3
301.8
119.7
358.1
121.8
362.9
121.4
369.4
126.5
387.9
125.0
395.8
113.9
392.1
35
225.6
255.2
265.3
271.0
294.1
298.6
304.6
36
37
38
39
40
41
42
43
44
45
46
47
486.5
260.6
226.0
88.7
409.1
30.4
75.5
27.3
51.3
33.4
180.6
10.6
517.4
273.5
243.9
79.6
433.0
29.5
78.7
31.1
54.7
36.6
192.0
10.5
514.1
269.0
245.1
75.8
443.2
29.4
79.6
31.8
55.1
38.0
198.6
10.7
520.9
277.4
243.5
81.0
437.8
28.2
79.5
31.7
55.1
38.6
194.3
10.5
512.2
271.5
240.7
86.9
449.3
27.9
83.9
35.5
56.0
39.9
196.1
10.0
520.0
275.3
244.7
87.6
453.0
28.0
84.6
35.0
56.5
40.6
198.3
10.1
518.2
275.1
243.2
86.9
458.5
27.9
83.4
34.2
56.6
46.3
199.9
10.3
48
49
50
801.3
477.3
119.0
898.1
576.3
140.0
915.0
583.5
135.8
916.7
585.2
136.0
948.5
577.3
135.2
951.3
599.2
146.9
949.4
605.5
162.6
51
52
53
54
1,159.6
1,106.1
840.8
1,593.2
1,334.5
1,231.8
997.4
1,766.9
1,362.7
1,242.9
996.7
1,782.8
1,365.9
1,266.3
1,011.0
1,808.1
1,390.6
1,316.6
1,007.7
1,846.1
1,403.6
1,329.8
982.6
1,866.3
1,392.4
1,314.2
947.5
1,857.4
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to
services.
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
Exports o f goods and
s e rv ic e s ............................
Exports o f goods 1 ......................
Foods, feeds, and beverages....
Industrial supplies and
materials.................................
Durable goods.......................
Nondurable g oods................
Capital goods, except
automotive..............................
Civilian aircraft, engines, and
p a rts ...................................
Computers, peripherals, and
p a rts 2.................................
Other.......................................
Automotive vehicles, engines,
and parts.................................
Consumer goods, except
automotive..............................
Durable goods.......................
Nondurable goods................
Other............................................
E xports o f services 1...................
Transfers under U.S. military
agency sales contracts.........
Travel............................................
Passenger fares.........................
Other transportation...................
Royalties and license fe e s........
Other private services...............
Other............................................
Residual...........................................
Im ports o f goods and
s e rvice s............................
Im ports o f goods 1.......................
Foods, feeds, and beverages....
Industrial supplies and
materials, except petroleum
and products..........................
Durable goods.......................
Nondurable g oods................
Petroleum and products............
Capital goods, except
automotive..............................
Civilian aircraft, engines, and
p a rts...................................
Computers, peripherals, and
parts 2.................................
Other........................................
Automotive vehicles, engines,
and parts.................................
Consumer goods, except
automotive..............................
Durable goods.......................
Nondurable g oods................
Other............................................
Im ports o f services 1...................
Direct defense expenditures....
Travel............................................
Passenger fares.........................
Other transportation...................
Royalties and license fe e s........
Other private services...............
Other............................................
Residual...........................................
Addenda:
Exports of durable goods..........
Exports of nondurable goods....
Exports of agricultural goods 3
Exports of nonagricultural
goods......................................
Imports of durable goods..........
Imports of nondurable goods....
Imports of nonpetroleum goods
2010
1 1,665.6
2 1,164.1
3
77.7
2011
2012
2011
III
IV
I
II
III
1,776.9
1,247.6
77.3
1,792.9
1,255.1
75.7
1,799.3
1,273.6
76.8
1,818.7
1,286.3
74.7
1,842.1
1,308.3
80.1
1,847.2
1,309.1
83.1
4
5
6
321.1
106.3
214.6
341.8
110.1
231.2
340.7
110.6
229.8
351.6
109.9
240.9
346.0
112.1
233.6
353.6
112.1
240.8
346.0
109.6
235.7
7
447.1
488.6
496.1
501.6
516.6
515.6
525.1
8
58.6
63.0
65.8
66.4
71.6
66.9
75.5
q
10
332.1
361.2
363.9
369.1
375.9
382.1
381.7
11
106.9
125.0
128.6
127.8
134.9
138.0
134.0
12
13
14
15
16
154.4
84.7
69.7
50.2
501.9
161.3
92.8
68.9
50.4
529.8
162.6
93.4
69.6
50.5
538.4
164.0
94.0
70.3
49.1
526.2
161.1
93.8
67.7
54.5
532.9
166.3
93.8
72.8
53.2
534.4
166.1
92.0
74.3
54.1
538.7
17
18
19
20
21
22
23
24
11.7
92.8
25.4
36.1
96.3
228.1
11.9
2.9
14.7
99.1
27.0
35.7
105.9
234.8
12.9
-2.6
15.0
102.0
28.2
36.0
108.5
235.6
13.3
-4.8
15.2
99.0
26.6
35.7
104.6
232.0
13.4
-2.1
14.5
103.2
27.7
35.6
105.9
232.6
13.6
-6.2
13.9
103.9
27.1
35.4
107.4
233.2
13.7
-3.7
13.4
105.0
28.0
35.1
108.5
235.2
13.5
-1.0
25
26
27
2,085.2
1,730.3
70.8
2,184.9
1,820.0
72.2
2,190.8
1,818.8
72.0
2,217.3
1,846.7
75.4
2,234.2
1,855.8
74.9
2,249.6
1,868.9
73.9
2,250.2
1,864.2
75.4
28
29
30
31
215.2
99.6
116.8
227.5
229.3
108.4
121.7
223.2
231.9
108.7
124.3
220.0
229.6
107.3
123.3
221.6
236.3
117.5
118.8
208.4
236.5
116.4
120.3
206.8
240.3
112.9
128.3
204.5
32
466.2
530.1
534.6
551.1
566.3
576.5
563.1
33
24.9
27.2
25.5
31.0
26.5
28.1
28.7
34
35
296.8
345.9
349.5
356.7
372.2
380.3
378.2
36
213.9
234.8
242.2
247.2
267.0
269.8
275.0
37
38
39
40
41
42
43
44
45
46
47
48
49
468.3
256.6
211.8
77.1
356.6
26.4
64.2
19.9
49.5
30.0
156.6
9.4
-19.8
489.4
266.3
223.1
66.7
366.6
23.6
65.1
21.2
50.3
32.1
164.6
9.0
-34.9
484.0
260.5
223.4
63.0
373.9
23.1
65.6
21.5
50.3
33.2
170.5
9.1
-40.0
486.1
267.9
218.4
67.4
372.3
22.7
66.4
21.2
51.7
33.6
167.2
9.0
4 0 .7
476.9
261.6
215.5
72.5
380.4
22.9
69.8
22.4
52.7
34.5
168.8
8.6
-57.0
484.1
266.2
218.1
72.8
382.6
23.3
70.4
22.3
52.0
35.1
170.0
8.6
-60.3
484.1
267.4
217.1
72.4
388.1
23.5
69.5
22.3
52.0
39.9
171.5
8.7
-56.2
50
51
52
770.8
387.2
86.0
841.1
403.0
84.7
852.9
400.3
81.8
856.4
413.0
84.1
883.2
403.4
83.6
884.6
420.6
88.7
885.4
420.6
92.1
53
54
55
56
1,076.6
1,066.6
662.0
1,503.8
1,164.1
1,161.7
666.2
1,608.7
1,175.8
1,165.9
662.4
1,613.5
1,191.5
1,194.1
665.3
1,641.7
1,205.3
1,238.0
642.4
1,678.4
1,220.7
1,253.5
642.4
1,696.5
1,216.5
1,243.2
645.8
1,695.5
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to
services.
2. 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 aggre
gate series; accurate estimates of these contributions are shown in table 4.2.2 and real growth rates are shown in table
4.2.1.
3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
N ote. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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. For exports and for
imports, the residual line is the difference between the aggregate line and the sum of the most detailed lines.
-42
National Data
December 2012
. Saving and Investment
Table 5.1. Saving and Investment by Sector
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
2012
IV
I
II
III
G ross s a v in g ............................................................................................................................
Net sa vin g ..........................................................................................................................................
Net private saving..........................................................................................................................
Domestic business..................................
Undistributed corporate profits..........
Inventory valuation adjustment, corporate........................................................................
Capital consumption adjustment, corporate.....................................................................
Households and institutions...................
Personal saving...................................
Wage accruals less disbursements...
Net government saving......
Federal.............................
State and local...............
Consum ption o f fixed capital
Private..................................
Domestic business.........
Households and institutions.....................................................................................................
Government........................
Federal.............................
State and local...............
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
1,770.7
-102.8
1,294.9
728.2
842.1
-38.7
-75.2
566.7
566.7
0.0
-1,397.7
-1,308.0
-89.7
1,873.4
1,539.9
1,245.0
294.9
333.5
130.2
203.3
1,837.5
-99.3
1,240.1
750.7
777.9
-62.6
35.4
489.4
489.4
0.0
-1,339.4
-1,237.4
-102.0
1,936.8
1,587.4
1,285.7
301.7
349.4
137.0
212.4
1,813.1
-135.8
1,214.2
762.6
771.4
-40.6
31.7
451.6
451.6
0.0
-1,350.0
-1,232.0
-118.0
1,948.9
1,596.5
1,293.9
302.6
352.4
138.5
213.9
1,925.0
-41.6
1,257.5
864.9
848.2
-12.9
29.6
392.7
392.7
0.0
-1,299.1
-1,182.6
-116.5
1,966.6
1,611.0
1,306.8
304.2
355.5
138.7
216.8
1,945.6
-39.3
1,147.1
719.4
943.7
-23.7
-200.7
427.7
427.7
0.0
-1,186.4
-1,058.7
-127.6
1,984.9
1,625.9
1,321.3
304.6
359.0
139.7
219.2
1,952.4
-52.3
1,186.7
731.0
917.4
16.0
-202.4
455.7
455.7
0.0
-1,239.0
-1,115.4
-123.7
2,004.8
1,642.0
1,335.1
306.9
362.8
141.0
221.7
2,005.4
-13.6
1,199.0
767.8
993.3
-26.1
-199.5
431.3
431.3
0.0
-1,212.6
-1,073.5
-139.1
2,019.0
1,653.4
1,343.4
309.9
365.6
142.0
223.6
G ross dom estic investment, capital account transactions, and net lending, NIPAs
G ross d om estic in ve stm e n t..........................................................................................................
Gross private domestic investment.............................................................................................
Domestic business.........
Households and institutions.....................................................................................................
Gross government investment.....................................................................................................
Federal............................
State and local...........................................................................................................................
Capital account transactions (n e t)1
Private...............................................
Domestic business......................
Households and institutions.......
Government....................................................................................................................................
Federal........................................................................................................................................
State and local...............
Net lending o r net borrowing (-), NIPAs......................................................................................
Private..................................
Domestic business.........
Households and institutions.....................................................................................................
Government........................
Federal.............................
State and local...........................................................................................................................
21
22
23
24
25
26
27
28
29
3n
31
3?
33
34
35
36
37
38
39
40
41
42
1,794.0
2,242.9
1,737.3
1,338.5
398.8
505.5
167.3
338.2
0.7
-80.7
-30.6
-50.1
81.4
145.4
-64.0
-449.5
1,201.5
688.7
512.9
-1,651.0
-1,490.5
-160.5
1,869.4
2,335.1
1,854.9
1,456.5
398.4
480.2
160.5
319.7
1.7
-70.4
-41.7
-28.7
72.1
133.1
-61.0
-467.4
1,074.8
653.5
421.3
-1,542.3
-1,394.1
-148.2
1,895.6
2,330.5
1,853.8
1,454.1
399.7
476.8
158.5
318.3
1.6
-68.8
-37.7
-31.1
70.4
131.9
-61.5
-436.6
1,108.3
722.6
385.7
-1,544.8
-1,384.0
-160.9
1,995.3
2,471.6
1,991.1
1,582.1
409.0
480.5
159.2
321.3
0.7
-88.6
-64.5
-24.1
89.3
152.1
-62.8
-477.0
1,036.4
724.4
312.0
-1,513.4
-1,355.1
-158.3
1,946.7
2,499.9
2,032.2
1,615.0
417.2
467.6
152.1
315.5
0.5
-43.6
-25.8
-17.8
44.0
101.4
-57.4
-553.6
785.5
452.6
332.9
-1,339.1
-1,172.5
-166.6
2,030.1
2,515.1
2,041.7
1,616.0
425.7
473.4
155.9
317.5
0.5
-22.3
-8.7
-13.6
22.7
82.1
-59.4
-485.4
887.0
536.4
350.5
-1,372.4
-1,212.4
-160.0
2,122.2
2,551.8
2,080.4
1,643.3
437.2
471.4
155.2
316.1
-1,344.8
-1,174.2
-170.6
Statistical d iscre pa n cy..........................................................................................................
43
23.3
31.9
82.5
70.3
1.1
77.7
116.8
Addenda:
Gross private saving.....................................................................................................................
Domestic business.........
Households and institutions.....................................................................................................
Gross government saving..
Federal............................
State and local...........................................................................................................................
Net domestic investment...............................................................................................................
Private.................
Domestic business................................................................................................................
Households and institutions.................................................................................................
Government........
Federal............
State and local
G ross saving as a percentage o f gross national in co m e ..................................................
Net saving as a percentage o f g ross national in c o m e .......................................................
Disaster losses 2..........................................................................................................................
Private....
Domestic business................................................................................................................
Households and institutions................................................................................................
Government...............................................................................................................................
Federal
State and local......................................................................................................................
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
2,834.8
1,973.2
861.6
-1,064.1
-1,177.8
113.6
369.4
197.4
93.5
103.9
172.0
37.1
134.9
12.1
-0.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2,827.4
2,036.4
791.1
-990.0
-1,100.4
110.4
398.4
267.6
170.8
96.7
130.8
23.5
107.3
12.0
-0.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2,810.7
2,056.5
754.2
-997.7
-1,093.5
95.9
381.7
257.3
160.2
97.1
124.4
20.0
104.3
11.8
-0.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2,868.5
2,171.6
696.9
-943.6
-1,043.8
100.3
505.0
380.0
275.3
104.7
125.0
20.5
104.5
12.4
-0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2,773.0
2,040.7
732.3
-827.4
-919.0
91.6
515.0
406.3
293.7
112.6
108.7
12.4
96.3
12.4
-0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2,828.7
2,066.1
762.6
-876.3
-974.3
98.1
510.3
399.7
281.0
118.7
110.6
14.9
95.7
12.4
-0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2,852.4
2,111.2
741.2
-847.0
-931.5
84.5
532.8
427.0
299.8
127.2
105.8
13.3
92.5
12.6
-0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
26.4
87.4
-61.0
1. Consists of capital transfers and the acquisition and disposal of nonproduced nonfinancial assets. Prior to 1982, reflects only capital grants paid to the U.S. territories and the Commonwealths of Puerto Rico and
Northern Mariana Islands.
2. Consists of damages to fixed assets.
December 2012
Survey of Current Business
D-43
Table 5.3.1. Percent Change From Preceding Period in Real Private Fixed Investment by Type
[Percent]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Private fixe d inve stm e n t......................................................................................................
N onre sid en tia l................................................................................................................................
S tru c tu re s...................................................................................................................................
Commercial and health care.................................................................................................
Manufacturing.......................
Power and communication...
Mining exploration, shafts, and wells
Other structures 1 ................
E quipm ent and s o ftw a re .........................................................................................................
Information processing equipment and software................................................................
Computers and peripheral equipment..............................................................................
Software 2............
O th e r3..................
Industrial equipment.
Transportation equipment
Other equipm ent4 ...
R esidential.......................
S tructu res...................................................................................................................................
Permanent sile
Single family
Multifamily
Other structures 5
E q u ip m e n t.....
Addenda:
Private fixed investment in structures........................................................................................
Private fixed investment in equipment and software..............................................................
Private fixed investment in new structures 6
Nonresidential structures................
Residential structures.......................
2012
IV
II
I
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
-0.2
0.7
-15.6
-25.0
-27.6
-16.1
16.9
-26.7
8.9
4.6
3.1
2.6
8.4
-1.2
73.1
3.1
-3.7
-3.9
-4.0
8.6
-49.8
-3.9
6.9
6.6
8.6
2.7
-2.3
0.4
-9.1
22.6
-6.7
11.0
5.0
12.3
6.9
-0.5
13.3
31.1
12.4
-1.4
-1.5
-3.8
-4.6
2.5
-0.2
4.9
15.5
19.0
20.7
12.5
65.0
16.7
21.8
7.5
18.3
3.6
11.7
7.9
-5.8
37.1
45.1
26.1
1.4
1.3
8.0
7.4
12.5
-2.5
5.1
10.0
9.5
11.5
-5.0
21.8
9.3
21.5
10.4
8.8
6.7
11.2
8.7
1.7
21.4
31.0
-12.7
12.1
12.3
8.5
8.8
5.9
14.6
7.1
9.8
7.5
12.9
11.1
-7.8
94.3
-8.4
3.0
5.4
5.9
14.7
1.9
8.5
-13.6
20.0
11.8
20.5
21.2
30.9
26.9
61.7
15.6
-1.6
4.5
3.6
0.6
10.3
26.2
-19.5
-4.1
13.5
4.8
-2.4
-19.6
6.1
-6.9
13.6
15.8
6.9
8.5
8.8
25.4
17.6
87.9
-0.6
-2.5
0.7
-2.2
-1.1
5.8
-16.0
-8.1
3.7
1.2
-2.7
-2.8
-31.9
2.6
3.2
0.1
-16.3
9.8
14.2
14.4
31.8
31.1
36.1
4.1
7.3
24
25
26
27
28
-10.5
8.9
-10.8
-15.5
-3.6
0.8
10.9
0.6
2.7
-2.3
11.6
18.2
11.3
20.4
-0.8
11.8
8.8
12.9
11.4
15.3
16.5
5.4
16.1
12.7
21.4
4.1
4.7
1.4
0.6
2.6
5.6
-2.6
4.6
-1.0
13.6
1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers' commissions on the sale of structures.
2. Excludes software “embedded," or bundled, in computers and other equipment.
3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures.
6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures.
Table 5.3.2. Contributions to Percent Change in Real Private Fixed Investment by Type
Seasonally adjusted at annual rates
Line
2010
2011
III
Percent change at annual rate:
Private fixed investm ent......................................................................................................
Percentage points at annual rates:
N o nresidential................................................................................................................................
S tructu res...................................................................................................................................
Commercial and health care.................................................................................................
Manufacturing.........................................................................................................................
Power and communication....................................................................................................
Mining exploration, shafts, and wells....................................................................................
Other structures 1...................................................................................................................
Equipm ent and so ftw a re .........................................................................................................
Information processing equipment and software...............................................................
Computers and peripheral equipment..............................................................................
Software 2............................................................................................................................
O th e r3....
Industrial equipment................................................................................................................
Transportation equipm ent......................................................................................................
Other equipm ent4
R esidential..........
S tru c tu re s...................................................................................................................................
Permanent site........................................................................................................................
Single family
Multifamily............................................................................................................................
Other structures 5
E q u ip m e n t.....
Addenda:
Private fixed investment in structures........................................................................................
Private fixed investment in equipment and software..............................................................
Private fixed investment in new structures6 ............................................................................
Nonresidential structures.......................................................................................................
Residential structures............................................................................................................
2012
2011
IV
I
II
III
1
-0.2
6.6
15.5
10.0
9.8
4.5
0.7
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
0.54
-4.14
-1.84
-0.99
-0.87
0.88
-1.31
4.68
1.36
0.13
0.39
0.84
-0.11
3.13
0.29
-0.77
-0.80
-0.32
0.53
-0.85
-0.48
0.03
6.90
0.63
-0.12
0.01
-0.44
1.42
-0.24
6.27
1.52
0.52
1.06
-0.05
1.24
2.28
1.23
-0.28
-0.31
-0.28
-0.31
0.02
-0.02
0.03
15.16
4.47
0.64
1.31
0.70
1.57
0.25
10.69
1.17
0.52
1.23
-0.58
3.30
3.59
2.63
0.32
0.30
0.55
0.44
0.10
-0.25
0.03
7.84
2.57
-0.25
0.54
0.40
1.56
0.32
5.27
1.97
0.48
1.30
0.19
2.05
2.62
-1.37
2.15
2.12
0.56
0.51
0.05
1.56
0.03
6.25
2.93
0.54
-0.21
3.16
-0.67
0.11
3.32
1.69
0.60
0.29
0.79
-1.45
1.91
1.17
3.53
3.54
1.87
1.44
0.43
1.67
-0.01
2.92
0.14
0.49
0.62
-1.05
-0.32
0.40
2.77
-0.68
-0.91
0.88
-0.66
1.27
1.48
0.70
1.54
1.55
1.61
0.99
0.62
-0.06
-0.01
-1.82
-0.25
0.29
-0.46
-0.39
0.28
0.04
-1.57
-0.80
-1.46
0.38
0.28
0.01
-1.76
0.98
2.54
2.51
2.06
1.73
0.33
0.45
0.03
24
25
26
27
28
-4.94
4.72
-4.72
-4.10
-0.62
0.32
6.30
0.24
0.62
-0.38
4.77
10.72
4.36
4.43
-0.08
4.69
5.30
4.77
2.55
2.22
6.47
3.31
5.93
2.89
3.05
1.69
2.76
0.54
0.14
0.40
2.26
-1.54
1.75
-0.24
2.00
1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
2. Excludes software “embedded,” or bundled, in computers and other equipment.
3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures.
6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures.
D-44
December 2012
National Data
Table 5.3.3. Real Private Fixed Investment by Type, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
Private fixed investm ent......................................................................................................
N o nresidential......................
S tru c tu re s.........................
Commercial and health care..................................................................................................
Manufacturing...............
Power and communication.....................................................................................................
Mining exploration, shafts, and wells....................................................................................
Other structures1 ...................................................................................................................
Equipm ent and software
Information processing equipment and software................................................................
Computers and peripheral equipment..............................................................................
Software 2 ..........................................................................................................................
O th e r3.................................................................................................................................
Industrial equipment................................................................................................................
Transportation equipm ent......................................................................................................
Other equipm ent4 ..................................................................................................................
R esidential................
S tru c tu re s.............
Permanent site..
Single family..
Multifamily....
Other structures 5 ...................................................................................................................
E q u ip m e n t..................................................................................................................................
Addenda:
Private fixed investment in structures........................................................................................
Private fixed investment in equipment and software..............................................................
Private fixed investment in new structures 6............................................................................
Nonresidential structures.......................
Residential structures............................
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
26
27
28
75.326
94.148
88.308
58.408
123.152
138.398
100.315
85.035
96.822
120.283
147.033
118.970
110.801
84.339
65.812
83.789
42.862
42.207
25.968
26.422
25.047
69.860
96.255
80.311
102.288
90.733
57.090
123.614
125.791
122.958
79.352
107.473
126.294
165.101
127.154
110.248
95.562
86.247
94.208
42.268
41.553
24.990
25.212
25.684
69.737
100.960
57.590
96.816
58.472
88.575
41.006
58.023
107.413
58.821
90.990
40.069
2012
2011
IV
III
I
II
III
81.835
104.746
93.866
58.761
134.587
129.361
126.832
80.602
109.637
126.984
170.301
128.231
109.096
98.107
89.310
98.198
42.139
41.418
25.065
25.221
26.253
69.250
101.390
83.807
107.156
96.449
58.016
141.402
132.282
133.159
82.619
111.972
129.060
174.897
130.936
109.545
102.970
95.551
94.919
43.361
42.633
25.579
25.759
26.632
71.649
103.140
85.785
109.108
99.421
59.559
138.557
156.170
130.273
83.223
113.460
130.924
180.984
131.563
111.804
99.283
100.004
97.602
45.433
44.731
27.362
27.340
30.034
74.299
102.727
86.724
110.065
99.560
61.034
146.859
147.934
128.909
85.896
114.790
130.124
171.374
133.533
109.830
102.504
103.729
99.239
46.364
45.679
28.955
28.470
35.164
74.191
102.083
86.879
109.446
99.290
61.900
140.614
144.852
130.099
86.148
114.011
129.189
155.653
134.405
110.692
102.522
99.214
101.577
47.931
47.242
31.026
30.464
37.979
74.934
103.885
59.040
109.562
59.793
94.104
39.709
60.710
111.891
61.637
96.669
41.151
63.067
113.362
63.982
99.605
43.198
63.702
114.674
64.197
99.742
43.473
64.570
113.919
64.929
99.480
44.882
1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
2. Excludes software “embedded”, or bundled, in computers and other equipment.
3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures.
6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures.
Table 5.3.4. Price Indexes for Private Fixed Investment by Type
[Index numbers, 2005=100]
Seasonally adjusted
Line
2010
2011
III
Private fixed investm ent......................................................................................................
N onre sid en tia l................................................................................................................................
S tru c tu re s.........................
Commercial and health care.................................................................................................
Manufacturing...............
Power and communication.....................................................................................................
Mining exploration, shafts, and wells....................................................................................
Other structures 1...............................................
Equipm ent and so ftw a re .....................................
Information processing equipment and software...............................................................
Computers and peripheral equipment..........
Software 2............................................................................................................................
O th e r3.......................
Industrial equipment......
Transportation equipm ent......................................................................................................
Other equipm ent4 ........
R esidential.......................................................................................................................................
S tru c tu re s.............
Permanent site..
Single family...
Multifamily.....
Other structures 5 ...................................................................................................................
E q u ip m e n t..................................................................................................................................
Addenda:
Private fixed investment in structures.......................................................................................
Private fixed investment in equipment and software..............................................................
Private fixed investment in new structures 6 ............................................................................
Nonresidential structures.......................................................................................................
Residential structures............................................................................................................
2012
2011
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
105.023
105.514
121.158
115.973
117.543
126.279
131.846
111.044
99.806
90.551
62.764
100.610
93.052
115.326
103.025
110.669
102.520
102.719
101.920
98.277
123.969
102.935
93.067
106.680
107.359
126.850
117.938
119.609
134.840
143.137
112.565
100.445
89.903
60.104
100.546
92.868
118.784
105.059
112.253
103.406
103.701
102.329
98.978
121.600
104.269
90.752
106.992
107.687
127.882
118.300
120.035
135.845
145.399
112.792
100.562
89.739
59.682
100.560
92.638
119.460
105.206
112.840
103.650
103.935
102.633
98.971
124.450
104.462
91.332
107.352
108.092
129.302
119.614
121.419
137.618
147.038
113.695
100.656
89.414
59.064
100.522
92.117
119.657
105.515
114.090
103.812
104.102
103.450
99.469
127.992
104.236
91.337
107.661
108.562
130.167
120.093
121.988
139.075
148.341
113.862
101.001
89.396
58.959
100.465
92.216
120.377
106.581
114.630
103.439
103.670
102.427
98.760
124.368
104.169
92.916
107.977
108.878
131.198
120.870
122.478
140.081
150.086
114.471
101.094
89.250
58.632
100.356
92.151
120.928
106.388
115.440
103.754
104.004
102.683
99.127
123.731
104.553
92.558
108.293
109.089
131.533
121.372
122.322
139.999
150.613
115.104
101.265
89.032
58.735
99.965
91.978
120.958
107.220
116.398
104.492
104.798
103.578
100.163
123.534
105.275
91.322
24
25
26
27
28
110.083
99.742
111.846
121.367
104.725
113.347
100.353
115.667
127.106
106.422
113.965
100.474
116.397
128.144
106.813
114.755
100.567
117.294
129.577
107.078
114.977
100.923
117.540
130.450
106.558
115.650
101.012
118.263
131.479
106.935
116.207
101.171
118.741
131.808
107.611
1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers' commissions on the sale of structures.
2. Excludes software “embedded," or bundled, in computers and other equipment.
3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures.
6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures.
December 2012
Survey of Current Business
D-45
Table 5.3.5. Private Fixed Investment by Type
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Private fixed in ve stm e n t......................................................................................................
N o n re sid en tia l...........................
S tru c tu re s...............................
Commercial and health c a re .................................................................................................
Manufacturing......................
Power and communication.....................................................................................................
Mining exploration, shafts, and wells....................................................................................
Other structures 1............................
Equipm ent and so ftw are ..................
Information processing equipment and software................................................................
Computers and peripheral equipment..............................................................................
Software 2 ............................................................................................................................
Other 3
Industrial equipment................................................................................................................
Transportation equipment.......................................................................................................
Other e quipm ent4...................................................................................................................
Residential
Structures
Permanent s ite ........................................................................................................................
Single fam ily........................................................................................................................
Multifamily............................................................................................................................
Other structures 5....................................................................................................................
Equipm ent...................................................................................................................................
Addenda:
Private fixed investment in structures.......................................................................................
Private fixed investment in equipment and software..............................................................
Private fixed investment in new structures 6............................................................................
Nonresidential structures...............
Residential structures......................
2012
I
IV
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
1,679.0
1,338.4
376.3
92.1
43.3
78.9
101.9
60.2
962.1
517.7
72.8
260.9
183.9
155.3
123.2
165.9
340.6
331.7
127.3
112.6
14.7
204.5
8.8
1,818.3
1,479.6
404.8
91.5
44.2
76.6
135.6
56.9
1,074.7
539.6
78.3
278.7
182.6
181.2
164.7
189.2
338.7
329.7
123.0
108.2
14.8
206.8
9.0
1,857.8
1,519.4
421.8
94.5
48.3
79.3
141.9
57.9
1,097.6
541.6
80.3
281.1
180.3
187.0
170.7
198.2
338.5
329.4
123.7
108.2
15.5
205.7
9.1
1,909.0
1,560.1
438.2
94.3
51.3
82.1
150.6
59.8
1,122.0
548.5
81.6
286.9
180.0
196.6
183.1
193.7
348.8
339.6
127.2
111.1
16.1
212.4
9.3
1,959.7
1,595.5
454.7
97.2
50.5
98.0
148.6
60.4
1,140.8
556.3
84.3
288.1
183.9
190.7
193.6
200.1
364.2
354.8
134.7
117.1
17.7
220.1
9.4
1,986.9
1,614.1
458.9
100.2
53.8
93.5
148.8
62.6
1,155.2
552.0
79.3
292.1
180.5
197.8
200.5
204.9
372.8
363.5
142.9
122.3
20.6
220.6
9.3
1,996.3
1,608.2
458.8
102.1
51.4
91.5
150.7
63.2
1,149.3
546.7
72.2
292.9
181.6
197.9
193.2
211.5
388.1
378.8
154.5
132.3
22.2
224.3
9.3
24
25
26
27
28
708.1
970.9
658.7
376.6
282.1
734.6
1,083.7
685.3
405.2
280.1
751.2
1,106.7
700.6
422.0
278.6
777.7
1,131.2
727.7
438.3
289.4
809.5
1,150.2
757.0
454.7
302.3
822.4
1,164.5
764.2
458.9
305.3
837.6
1,158.7
776.1
458.8
317.2
1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
2. Excludes software “embedded,” or bundled, in computers and other equipment.
3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures.
6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures.
Table 5.3.6. Real Private Fixed Investment by Type, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Private fixed in ve stm e n t......................................................................................................
N o n re sid e n tia l................................................................................................................................
S tru c tu re s ...................................................................................................................................
Commercial and health c a re .................................................................................................
Manufacturing..................................
Power and communication............
Mining exploration, shafts, and wells
Other structures' ...........................
Equipm ent and so ftw are ..........................................................................................................
Information processing equipment and software................................................................
Software 3 ............................................................................................................................
Other 4................
Industrial equipment...............................................................................................................
Transportation equipment.......................................................................................................
Other e quipm ent5..
R e sid en tia l.......................................................................................................................................
S tru c tu re s ...................................................................................................................................
Permanent s ite ........................................................................................................................
Single fam ily........................................................................................................................
Multifamily............................................................................................................................
Other structures 6....................................................................................................................
E quipm ent....
Residual............................................................................................................................................
Addenda:
Private fixed investment in structures.......................................................................................
Private fixed investment in equipment and software..............................................................
Private fixed investment in new structures 7.............................................................................
Nonresidential structures........................................................................................................
Residential structures..............................................................................................................
2012
I
IV
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
1,598.7
1,268.5
310.6
79.4
36.8
62.5
77.3
54.2
963.9
571.7
1,704.5
1,378.2
319.2
77.6
36.9
56.8
94.8
50.6
1,070.0
600.2
1,736.8
1,411.3
330.2
79.9
40.2
58.4
97.7
51.4
1,091.5
603.5
1,778.7
1,443.7
339.3
78.9
42.3
59.7
102.6
52.7
1,114.8
613.4
1,820.6
1,470.0
349.7
81.0
41.4
70.5
100.4
53.0
1,129.6
622.2
1,840.6
1,482.9
350.2
83.0
43.9
66.8
99.3
54.7
1,142.8
618.4
1,843.9
1,474.6
349.3
84.1
42.0
65.4
100.3
54.9
1,135.1
614.0
259.4
197.6
134.6
119.6
149.9
332.2
323.0
124.9
114.5
11.8
198.7
9.5
-23.1
277.2
196.7
152.6
156.7
168.6
327.6
318.0
120.2
109.3
12.1
198.3
9.9
-23.8
279.5
194.6
156.6
162.3
175.7
326.6
316.9
120.5
109.3
12.4
196.9
10.0
-22.4
285.4
195.4
164.4
173.6
169.9
336.0
326.2
123.0
111.7
12.6
203.7
10.1
-22.3
286.8
199.4
158.5
181.7
174.7
352.1
342.3
131.6
118.5
14.2
211.3
10.1
-23.7
291.1
195.9
163.6
188.5
177.6
359.3
349.5
139.2
123.4
16.6
211.0
10.0
-20.0
293.0
197.4
163.7
180.3
181.8
371.5
361.5
149.2
132.1
18.0
213.1
10.2
-15.2
25
26
27
28
29
643.2
973.4
588.9
310.3
269.4
648.1
1,079.9
592.5
318.8
263.2
659.4
1,101.5
602.3
329.7
260.8
678.1
1,125.0
620.8
338.7
270.3
704.4
1,139.7
644.4
349.0
283.8
711.5
1,152.9
646.6
349.4
285.6
721.2
1,145.3
654.0
348.5
294.8
1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
2. The quantity index for computers can be used to accurately measure the real growth rate 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 5.3.2 and real growth rates are shown in table 5.3.1.
3. Excludes software “embedded," or bundled, in computers and other equipment.
4. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
5. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
6. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures.
7. Excludes net purchases of used structures and brokers' commissions on the sale of structures.
N ote. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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 is the difference between the first line and the sum of the most detailed lines.
D-46
December 2012
National Data
Table 5.6.5B. Change in Private Inventories by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2010
2011
III
Change in private inventories............................................................................................
Farm...................................................................................................................................................
Mining, utilities, and construction
Manufacturing.......................
Durable goods industries.
Nondurable goods industries
Wholesale trade....................
Durable goods industries.
Nondurable goods industries.....................................................................................................
Retail trade.............................
Motor vehicle and parts dealers
Food and beverage stores
General merchandise stores
Other retail stores............
Other industries.....................
Addenda:
Change in private inventones
Durable goods industries
Nondurable goods industries
Nonfarm industries...........
Nonfarm change in book value 1
Nonfarm inventory valuation adjustm ent2..........................................................................
Wholesale trade...............
Merchant wholesale trade
Durable goods industries
Nondurable goods industries
Nonmerchant wholesale trade..............................................................................................
2012
2011
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
58.4
-7.3
1.7
20.2
17.7
2.5
30.3
16.4
13.9
15.6
10.2
0.5
1.3
3.7
-2.1
36.6
-6.1
1.4
23.1
24.9
-1.8
22.4
22.3
0.1
-5.3
-7.0
1.1
1.3
-0.8
1.1
-4.1
-4.8
0.1
6.0
18.9
-12.8
2.5
22.1
-19.6
-6.1
-5.2
2.1
-0.8
-2.2
-1.8
82.1
-3.1
9.4
39.3
26.1
13.2
38.8
18.1
20.7
-4.3
-5.4
1.2
2.9
-3.0
2.1
72.6
-4.1
18.8
15.1
14.6
0.5
25.2
25.2
0.0
24.4
21.7
3.0
-1.2
0.9
-6.8
54.8
-12.7
3.8
-2.0
16.9
-18.9
19.0
28.5
-9.5
34.3
23.9
0.0
2.1
8.3
12.3
84.1
-26.3
-5.8
45.9
33.6
12.4
41.2
25.0
16.2
23.1
22.5
-0.2
-1.6
2.4
5.9
16
17
18
19
20
21
22
23
24
25
26
58.4
42.5
15.8
65.7
120.9
-55.2
30.3
20.3
12.9
7.4
10.0
36.6
37.6
-1.0
42.7
125.1
-82.3
22.4
17.0
17.9
-0.8
5.4
-4.1
32.6
-36.7
0.7
52.2
-51.5
2.5
-2.6
15.8
-18.3
5.1
82.1
32.4
49.7
85.2
105.9
-20.7
38.8
36.7
15.4
21.3
2.0
72.6
59.9
12.7
76.7
96.7
-20.0
25.2
26.3
24.2
2.1
-1.2
54.8
78.8
-24.1
67.5
42.7
24.8
19.0
22.4
22.4
0.1
-3.4
84.1
83.2
0.9
110.4
143.4
-33.0
41.2
27.4
20.0
7.5
13.8
1. This series is derived from the Census Bureau series “current cost inventories.”
2. The inventory valuation adjustment (IVA) shown in this table differs from the IVA that adjusts business incomes. The IVA in this table reflects the mix of methods (such as first-in, first-out and last-in, first-out) under
lying inventories derived primarily from Census Bureau statistics (see footnote 1). This mix differs from that underlying business income derived primarily from Internal Revenue Service statistics.
N ote . Estimates in this table are based on the North American Industry Classification System (NAICS).
Table 5.6.6B. Change in Real Private Inventories by Industry, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
2010
2011
III
Change in private in ve ntorie s............................................................................................
Farm........................................
Mining, utilities, and construction
Manufacturing.......................
Durable goods industries.
Nondurable goods industries
Wholesale trade....................
Durable goods industries...........................................................................................................
Nondurable goods industries
Retail trade.............................
Motor vehicle and parts dealers
Food and beverage stores
General merchandise stores
Other retail stores............
Other industries.....................
Residual............................................................................................................................................
Addenda:
Change in private inventories.....................................................................................................
Durable goods industries.......................................................................................................
Nondurable goods industries................................................................................................
Nonfarm industries......................................................................................................................
Wholesale trade...............
Merchant wholesale trade......................................................................................................
Durable goods industries
Nondurable goods industries
Nonmerchant wholesale tra d e ..............................................................................................
2012
2011
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
50.9
-6.2
1.4
17.1
15.4
2.2
25.6
14.7
10.9
15.1
9.8
0.4
1.1
4.2
-1.9
-1.1
31.0
-3.8
1.1
18.9
21.2
-0.9
18.0
19.3
0.6
-4.3
-6.5
0.9
1.1
-0.3
1.0
-2.7
-4.3
-2.8
0.1
2.4
16.1
-11.4
2.7
19.0
-12.5
-5.1
-4.8
1.6
-0.7
-1.6
-1.5
-5.8
70.5
-1.6
7.6
35.5
22.4
13.3
30.2
15.5
14.1
-3.4
-5.0
0.9
2.5
-2.2
1.7
1.3
56.9
-2.6
15.7
11.9
12.4
0.4
19.1
21.5
0.0
21.1
20.1
2.4
-1.0
0.8
-5.7
-7.1
41.4
-7.9
3.1
-1.8
14.3
-13.6
13.8
24.4
-7.0
29.4
21.9
0.0
1.8
7.0
10.3
-12.9
61.3
-19.4
-4.8
36.5
28.8
8.9
31.7
21.4
11.0
19.8
20.5
-0.2
-1.3
2.2
4.9
-10.7
17
18
19
20
21
22
23
24
25
50.9
38.8
13.6
58.0
25.6
17.2
11.5
5.8
8.5
31.0
33.2
0.6
36.5
18.0
13.9
15.4
-0.1
4.2
-4.3
28.6
-28.2
-0.9
2.7
-1.2
13.5
-11.6
3.9
70.5
28.7
41.3
74.4
30.2
28.6
13.2
14.5
1.6
56.9
52.0
9.5
62.0
19.1
20.0
20.6
1.4
-0.8
41.4
68.2
-18.6
53.2
13.8
16.6
19.1
-0.5
-2.8
61.3
72.4
-3.4
89.7
31.7
21.1
17.1
5.0
10.7
N ote . Estimates in this table are based on the North American Industry Classification System (NAICS).
Chained (2005) dollar series for real change in private inventories are calculated as the period-to-period change in chained-dollar end-of-period inventories. Quarterly changes in end-of-period inventories are stated
at annual rates. 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.
December 2012
Survey of Current Business
D-47
Table 5.7.5B. Private Inventories and Domestic Final Sales by Industry
[Billions of dollars]
Seasonally adjusted quarterly totals
Line
2011
III
Private inventories 1 ............................................................................................................
Farm...................................................................................................................................................
Mining, utilities, and construction..................................................................................................
Manufacturing..................................................................................................................................
Durable goods industries...........................................................................................................
Nondurable goods industries.....................................................................................................
Wholesale trade.............
Durable goods industries
Nondurable goods industries
Retail trade......................
Motor vehicle and parts dealers................................................................................................
Food and beverage stores..........................................................................................................
General merchandise stores......................................................................................................
Other retail stores.....
Other industries..............
Addenda:
Private inventories.......................................................................................................................
Durable goods industries.......................................................................................................
Nondurable goods industries
Nonfarm industries................
Wholesale trade.....................
Merchant wholesale trade.
Durable goods industries
Nondurable goods industries............................................................................................
Nonmerchant wholesale trade..............................................................................................
Final sales o f dom estic business 2..................................................................................
Final sales o f goods and structures o f dom estic business 2....................................
Ratios o f private inventories to final sales o f dom estic business:
Private inventories to final sales............................................................................................
Nonfarm inventories to final sales.........................................................................................
Nonfarm inventories to final sales of goods and structures..............................................
2012
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
2,225.7
235.8
95.7
690.8
394.6
296.2
554.8
291.7
263.0
489.5
128.3
47.2
85.2
228.9
159.1
2,249.5
240.4
97.5
699.5
397.8
301.8
562.8
295.9
266.9
489.2
125.9
47.7
86.2
229.5
160.1
2,286.1
242.8
99.4
711.3
404.2
307.1
574.1
303.5
270.6
498.4
131.9
48.3
86.3
231.9
160.1
2,272.5
238.3
98.6
694.8
404.5
290.3
570.2
308.9
261.4
507.9
139.6
48.6
87.1
232.6
162.7
2,320.3
236.5
98.1
709.9
410.1
299.8
594.2
315.1
279.1
517.3
144.6
49.5
87.4
235.8
164.2
16
17
18
19
20
21
22
23
24
25
26
2,225.7
900.8
1,324.9
1,989.8
554.8
475.1
254.0
221.1
79.7
837.2
434.2
2,249.5
904.7
1,344.8
2,009.1
562.8
481.8
257.4
224.4
81.0
844.8
439.8
2,286.1
924.9
1,361.2
2,043.3
574.1
492.3
264.6
227.6
81.8
855.6
446.5
2,272.5
940.8
1,331.7
2,034.2
570.2
492.4
268.6
223.8
77.8
865.6
451.1
2,320.3
958.5
1,361.8
2,083.8
594.2
510.9
273.6
237.3
83.3
876.4
460.5
27
28
29
2.66
2.38
4.58
2.66
2.38
4.57
2.67
2.39
4.58
2.63
2.35
4.51
2.65
2.38
4.52
1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from current-dollar inventories in this table is not the current-dollar change in private inventories component of
GDP. The former is the difference between two inventory stocks, each valued at its respective end-of-quarter prices. The latter is the change in the physical volume of inventories valued at average prices of the quarter.
In addition, changes calculated from this table are at quarterly rates, whereas, the change in private inventories is stated at annual rates.
2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross output of general government, gross value added of nonprofit institutions, compensation paid to
domestic workers, and imputed rental of owner-occupied nonfarm housing. It includes a small amount of final sales by farm and by government enterprises.
N ote. Estimates in this table are based on the North American Industry Classification System (NAICS).
Table 5.7.6B. Real Private Inventories and Real Domestic Final Sales by Industry, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted quarterly totals
Line
2011
III
Private inventories 1 ............................................................................................................
Farm................................
Mining, utilities, and construction..................................................................................................
Manufacturing...............
Durable goods industries...........................................................................................................
Nondurable goods industries.....................................................................................................
Wholesale trade............
Durable goods industries...........................................................................................................
Nondurable goods industries.....................................................................................................
Retail trade........................................................................................................................................
Motor vehicle and parts dealers................................................................................................
Food and beverage stores
General merchandise stores......................................................................................................
Other retail stores
Other industries.............
Residual............................................................................................................................................
Addenda:
Private inventories.......................................................................................................................
Durable goods industries.......................................................................................................
Nondurable goods industries................................................................................................
Nonfarm industries................
Wholesale trade.....................
Merchant wholesale trade.
Durable goods industries...................................................................................................
Nondurable goods industries............................................................................................
Nonmerchant wholesale trade..............................................................................................
Final sales o f dom estic business 2..................................................................................
Final sales o f goods and structures o f dom estic business 2....................................
Ratios o f private inventories to final sales o f dom estic business:
Private inventories to final sales................................................................................................
Nonfarm inventories to final sales.............................................................................................
Nonfarm inventories to final sales of goods and structures..................................................
2012
IV
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
1,741.9
145.8
76.2
538.8
331.7
209.2
422.3
249.4
173.7
423.2
118.2
36.9
72.3
193.9
133.7
0.9
1,759.6
145.5
78.1
547.7
337.3
212.5
429.8
253.3
177.2
422.3
117.0
37.1
72.9
193.4
134.2
1.1
1,773.8
144.8
82.0
550.7
340.4
212.6
434.6
258.6
177.2
427.6
122.0
37.7
72.7
193.6
132.7
-0.5
1,784.2
142.8
82.8
550.2
344.0
209.2
438.0
264.7
175.5
434.9
127.5
37.7
73.1
195.3
135.3
-3.7
1,799.5
138.0
81.6
559.3
351.2
211.4
445.9
270.1
178.2
439.9
132.6
37.7
72.8
195.9
136.6
-6.6
17
18
19
20
21
22
23
24
25
26
27
1,741.9
779.2
964.1
1,597.7
422.3
361.8
216.1
146.3
60.5
751.9
406.0
1,759.6
786.4
974.4
1,616.3
429.8
368.9
219.4
149.9
60.9
758.2
412.4
1,773.8
799.4
976.8
1,631.8
434.6
373.9
224.6
150.3
60.7
765.2
418.3
1,784.2
816.4
972.1
1,645.1
438.0
378.1
229.3
150.2
60.0
770.5
421.2
1,799.5
834.5
971.3
1,667.5
445.9
383.3
233.6
151.4
62.7
773.7
424.2
28
29
30
2.32
2.12
3.94
2.32
2.13
3.92
2.32
2.13
3.90
2.32
2.14
3.91
2.33
2.16
3.93
1. Inventories are as of the end of the quarter. The quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the change in private inventories component of GDP is stated at annual rates.
2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross output of general government, gross value added of nonprofit institutions, compensation paid to
domestic workers, and imputed rental of owner-occupied nonfarm housing. It includes a small amount of final sales by farm and by government enterprises.
N ote. Estimates in this table are based on the North American Industry Classification System (NAICS).
Chained (2005) dollar inventory series are calculated to ensure that the chained (2005) dollar change in inventories for 2005 equals the current-dollar change in inventories for 2005 and that the average of the 2004
and 2005 end-of-year chain-weighted and fixed-weighted inventories are equal.
D-48
National Data
December 2012
Table 5.7.9B. Implicit Price Deflators for Private Inventories by Industry
[Index numbers, 2005=100]
Seasonally adjusted
Line
2011
III
Private inventories 1 ............................................................................................................
Farm...................................................................................................................................................
Mining, utilities, and construction...................................................................................................
Manufacturing..................................................................................................................................
Durable goods industries.
Nondurable goods industries.....................................................................................................
Wholesale trade....................
Durable goods industries.
Nondurable goods industries.....................................................................................................
Retail trade............................
Motor vehicle and parts dealers................................................................................................
Food and beverage stores..........................................................................................................
General merchandise stores......................................................................................................
Other retail stores............
Other industries.....................
Addenda:
Private inventories........................................................................................................................
Durable goods industries.......................................................................................................
Nondurable goods industries.................................................................................................
Nonfarm industries...........
Wholesale trade...............
Merchant wholesale trade......................................................................................................
Durable goods industries...................................................................................................
Nondurable goods industries............................................................................................
Nonmerchant wholesale tra a e ..............................................................................................
I
II
III
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
127.770
161.698
125.705
128.198
118.955
141.612
131.381
116.976
151.439
115.672
108.504
127.892
117.727
118.028
118.996
127.845
165.260
124.826
127.724
117.932
142.025
130.954
116.831
150.636
115.840
107.608
128.509
118.180
118.654
119.349
128.884
167.694
121.261
129.170
118.748
144.460
132.105
117.341
152.707
116.560
108.109
128.174
118.734
119.783
120.620
127.373
166.841
119.088
126.271
117.591
138.771
130.187
116.663
148.967
116.782
109.558
128.813
119.059
119.101
120.261
128.940
171.398
120.274
126.922
116.790
141.811
133.251
116.668
156.619
117.599
109.087
131.459
120.051
120.361
120.227
16
17
18
19
20
21
22
23
24
127.770
115.604
137.427
124.544
131.381
131.330
117.516
151.157
131.660
127.845
115.052
138.011
124.306
130.954
130.613
117.338
149.672
132.985
128.884
115.709
139.358
125.218
132.105
131.648
117.847
151.482
134.845
127.373
115.234
136.994
123.653
130.187
130.238
117.117
149.055
129.757
128.940
114.853
140.206
124.961
133.251
133.273
117.115
156.720
133.004
1. Implicit price deflators are as of the end of the quarter and are consistent with inventory stocks.
Estimates in this table are based on the North American Industry Classification System (NAICS).
N ote.
2012
IV
December 2012
D-49
Survey of Current Business
6. Income and Employment by Industry
Table 6.1 D. National Income Without Capital Consumption Adjustment by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line
National incom e w ith o ut capital consum ption a d ju stm e n t.
Dom estic in du strie s...................................................................................
Private in d u s trie s ........................................................................................
Agriculture, forestry, fishing, and hunting...............................................
M ining.........................................................................................................
U tilities..............................................
Construction.....................................
Manufacturing............................................................................................
Durable goods....
Nondurable goods.................................................................................
Wholesale trade.....
Retail trade..............
Transportation and warehousing.............................................................
Information.................................................................................................
Finance, insurance, real estate, rental, and leasing..............................
Professional and business services 1....................................................
Educational services, health care, and social assistance....................
Arts, entertainment, recreation, accommodation, and food services..
Other services, except government........................................................
G overnm ent..................................................................................................
Rest o f the w o rld .
2012
2011
12,740.4
12,531.1
10,897.9
119.0
177.1
184.4
539.4
1.296.8
722.3
574.5
733.5
876.2
371.7
425.4
2,178.4
1.823.9
1,308.0
487.1
377.2
1,633.3
209.3
13.135.1
12.883.2
11,239.4
131.6
202.8
180.4
552.0
1,372.0
768.8
603.2
771.8
893.3
387.4
441.0
2.175.7
1.889.5
1.343.5
508.9
389.5
1.643.8
251.9
13,169.4
12,911.2
11,264.6
133.5
226.1
174.2
554.9
1.383.4
772.9
610.5
782.4
891.8
390.1
440.1
2,135.0
1.901.5
1.349.5
510.6
391.6
1.646.5
258.3
13.328.3
13.064.4
11.424.4
131.9
192.5
178.9
562.6
1,412.3
801.5
610.8
789.5
913.0
394.0
443.4
2,233.2
1.908.7
1.352.8
519.9
391.6
1,640.0
264.0
13.788.3
13.573.4
11,922.7
134.0
211.0
211.9
585.6
1,521.9
865.2
656.6
831.6
947.5
416.5
486.7
2,301.3
1,955.0
1,380.8
541.1
397.9
1,650.7
214.9
13,833.6
13,586.3
11,933.2
131.7
208.3
214.6
583.7
1.548.1
894.3
653.8
853.5
951.9
414.5
499.1
2,237.5
1,971.7
1.378.1
540.4
400.0
1,653.0
247.3
13,991.9
13,741.8
12,083.1
1,658.7
250.1
1. Consists of professional, scientific, and technical sen/ices; management of companies and enterprises; and administrative and waste management services.
Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
N ote.
Table 6.16D. Corporate Profits by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Corporate p rofits w ith inventory valuation and capital consum ption adjustm ents
Domestic in du strie s........................................................................................................................
F inancial1.......................................................................................................................................
Nonfinancial............................
Rest o f the w o rld .......................
Receipts from the rest of the w orld.............................................................................................
Less: Payments to the rest of the w orld......................................................................................
Corporate p rofits w ith inventory valuation adjustm ent.................................................
Dom estic in du strie s........................................................................................................................
Financial......................
Federal Reserve banks............................................................................................................
Other financial2....
Nonfinancial...............
Utilities....................
Manufacturing........
Durable goods....
Fabricated metal products..............................................................................................
Machinery..........................................................................................................................
Computer and electronic products.................................................................................
Electrical equipment, appliances, and components.....................................................
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
?1
??
Food and beverage and tobacco products....................................................................
Petroleum and coal products..........................................................................................
Chemical products.................
Transportation and warehousing.............................................................................................
?3
24
25
26
?7
9R
?9
30
31
V
Rest of the w o rld .......................
33
2010
1,702.4
1,300.9
383.7
917.1
401.6
584.4
182.9
1,777.7
1,376.1
424.3
71.6
352.7
951.8
27.9
233.5
103.1
15.0
17.5
35.2
7.7
-11.7
39.3
130.4
41.2
23.5
45.9
19.8
98.2
122.6
48.1
86.0
335.4
401.6
2011
1,827.0
1,388.1
381.0
1,007.1
438.9
645.2
206.3
1,791.6
1,352.7
408.3
75.9
332.3
944.4
17.7
244.9
100.3
16.4
21.5
27.6
5.1
-12.7
42.4
144.6
34.6
40.8
50.1
19.1
96.3
108.9
45.5
85.5
345.7
438.9
2012
2011
III
IV
1,830.5
1,382.7
353.2
1,029.6
447.8
650.2
202.4
1,798.8
1,351.0
380.8
76.6
304.1
970.2
10.2
248.9
98.6
16.1
22.1
26.4
4.5
-16.4
45.9
150.3
29.4
51.8
51.7
17.3
105.3
103.8
45.6
87.5
368.9
447.8
1,953.1
1,502.2
441.2
1,061.0
450.9
645.2
194.2
1,923.5
1,472.5
469.1
75.2
393.9
1,003.4
15.1
285.9
133.2
19.4
25.6
36.4
5.4
-4.8
51.2
152.7
38.3
32.2
59.1
23.0
106.0
120.9
49.5
85.4
340.6
450.9
I
1,900.1
1,497.2
428.9
1,068.3
402.9
631.5
228.6
2,100.8
1,697.9
481.2
74.5
406.6
1,216.8
38.3
363.5
174.9
23.6
30.2
42.2
10.2
3.3
65.4
188.6
47.5
45.4
63.3
32.4
134.6
138.6
56.7
109.8
375.3
402.9
II
III
1,921.9
1,485.3
389.2
1,096.1
436.5
641.5
205.0
2,124.3
1,687.7
441.9
74.2
367.6
1,245.8
41.3
372.8
185.7
24.4
33.3
46.2
7.6
5.0
69.2
187.1
44.8
46.2
65.0
31.1
149.6
136.4
55.0
118.6
372.2
436.5
1,989.2
1,555.6
460.5
1,095.1
433.7
646.0
212.3
2,188.7
1,755.0
512.7
69.4
443.2
1,242.3
433.7
1. Consists of finance and insurance and bank and other holding companies.
2. Consists of credit intermediation and related activities; securities, commodity contracts, and other financial investments and related activities; insurance carriers and related activities; funds, trusts, and other finan
cial vehicles; and bank and other holding companies.
3. Consists of wood products; nonmetallic mineral products; primary metals; other transportation equipment; furniture and related products; and miscellaneous manufacturing.
4. Consists of textile mills and textile product mills; apparel; leather and allied products; paper products; printing and related support activities; and plastics and rubber products.
5. Consists of agriculture, forestry, fishing, and hunting; mining; construction; real estate and rental and leasing; professional, scientific, and technical services; administrative and waste management services;
educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except government.
Note. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
-50
December 2012
National Data
Supplemental Tables
Table 7.1. Selected Per Capita Product and Income Series in Current and Chained Dollars
[Dollars]
Seasonally adjusted at annual rates
Line
C urrent dollars:
Gross domestic product.....................................................................................................
Gross national product.......................................................................................................
Personal income...
Disposable personal income.............................................................................................
Personal consumption expenditures................................................................................
G oods..............................................................................................................................
Durable goods.............................................................................................................
Nondurable goods......................................................................................................
Services...........
Chained (2005) dollars:
Gross domestic product.....................................................................................................
Gross national product....
Disposable personal income.............................................................................................
Personal consumption expenditures................................................................................
G oods..............................................................................................................................
Durable goods
Nondurable goods......................................................................................................
Services...........................................................................................................................
Population (midperiod, thousands)........................................................................................
2010
2011
2011
2012
III
IV
I
II
III
1
2
3
4
5
6
7
8
9
46,805
47,481
39,777
35,920
32,978
10,862
3,485
7,378
22,116
48,313
49,120
41,492
37,012
34,384
11,617
3,674
7,943
22,767
48,549
49,376
41,547
37,052
34,551
11,666
3,665
8,000
22,885
48,960
49,804
41,598
37,064
34,749
11,792
3,755
8,037
22,957
49,381
50,067
42,199
37,571
35,117
11,983
3,843
8,140
23,134
49,639
50,427
42,446
37,779
35,248
11,916
3,823
8,094
23,332
50,216
51,011
42,590
37,900
35,442
12,052
3,873
8,179
23,390
10
11
12
13
14
15
16
17
18
42,169
42,784
32,335
29,687
10,360
3,804
6,551
19,329
309,774
42,620
43,334
32,527
30,217
10,675
4,046
6,650
19,554
312,040
42,605
43,335
32,420
30,230
10,641
4,030
6,632
19,598
312,330
42,952
43,693
32,345
30,324
10,762
4,155
6,649
19,576
312,929
43,091
43,688
32,586
30,458
10,868
4,263
6,664
19,608
313,443
43,152
43,837
32,711
30,520
10,859
4,253
6,663
19,677
313,976
43,352
44,040
32,686
30,567
10,931
4,334
6,669
19,656
314,589
Table 7.2.1 B. Percent Change from Preceding Period in Real Motor Vehicle Output
[Percent]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
M otor vehicle o u tp u t...............................................................................................
Auto output...........
Truck output.........
Final sales o f dom estic product
Personal consum ption e xp en d itu res...........................................................................
New motor vehicles...............................
Autos...................................................
Light trucks (including utility vehicles).....................................................................
Net purchases of used autos and used light trucks..................................................
Used autos..................................................................................................................
Used light trucks (including utility vehicles)............................................................
Private fixed investm ent........................
New motor vehicles...............................
Autos..................................................
Trucks
Light trucks (including utility vehicles).................................................................
Other........................................................................................................................
Net purchases of used autos and used light trucks..................................................
Used autos..................................................................................................................
Used light trucks (including utility vehicles)............................................................
G ross governm ent in ve stm e n t......................................................................................
Autos....
Trucks....
Net exports
Exports..
Autos.
Trucks...........................................................................................................................
Imports.............................................................................................................................
Autos.........................
Trucks........................
Change in private inventories
Autos..................................
New..................................................................................................................................
Domestic.....................................................................................................................
Foreign.........................................................................................................................
Used.....
Trucks........
New......
Domestic.....................................................................................................................
Foreign.........................................................................................................................
Used 1..............................................................................................................................
Addenda:
Final sales of motor vehicles to domestic purchasers....................................................
Private fixed investment in new autos and new light tru cks..........................................
Domestic output of new autos 2........................................................................................
Sales of imported new autos 3..........................................................................................
I
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
?4
25
26
27
28
29
30
31
3?
33
34
35
36
37
38
39
40
41
27.5
15.3
34.8
12.3
1.6
5.2
-5.1
13.0
-3.8
-3.1
-4.3
145.3
35.9
30.4
40.2
45.7
25.2
-13.2
-11.2
-14.9
-2.7
-7.3
-1.7
11.0
4.5
14.2
17.0
5.8
11.1
12.6
10.1
-2.4
-1.2
-3.3
42.7
17.0
3.2
27.2
17.5
58.2
-12.7
-8.1
-16.6
-2.2
-5.2
-1.6
1.5
-34.4
24.2
-8.5
1.4
7.7
-16.9
27.4
-8.6
-12.5
-5.5
65.2
43.3
16.9
61.9
68.6
46.8
10.2
-13.6
39.4
18.2
-5.1
23.4
24.0
62.5
9.9
26.3
33.2
51.7
69.7
41.2
5.2
9.1
2.3
12.8
8.2
11.9
6.1
-6.6
42.3
-0.2
-0.1
-0.2
-52.0
-39.4
-54.2
36.3
33.5
39.2
40.0
34.4
47.9
19.1
19.8
18.3
7.2
9.0
4.8
6.6
-4.8
19.4
121.7
154.2
85.0
42
43
44
45
17.1
37.7
27.9
11.9
13.5
10.5
9.0
8.7
16.8
42.6
18.9
-18.3
1. Consists of used light trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of sales of imported new autos in personal consumption expenditures, in private fixed investment, and in gross government investment.
2012
IV
II
III
12.1
13.7
11.0
21.3
23.2
87.6
-5.4
-11.0
7.7
27.2
87.9
-14.2
-11.9
-31.0
-7.5
7.3
-13.9
20.2
-1.9
-10.6
-6.7
-16.4
0.9
-17.9
-24.8
-12.2
9.2
2.7
-19.2
20.1
23.7
13.0
-9.6
-28.4
15.3
34.9
18.9
38.0
-8.4
11.8
-17.3
-3.3
11.9
7.9
11.4
5.5
20.4
17.2
22.9
-3.7
3.0
14.5
-3.6
5.1
-20.2
18.5
1.7
37.0
1.6
81.1
-9.4
-3.1
21.3
-23.0
1.9
8.2
-6.4
39.9
55.4
24.3
52.7
44.5
65.2
3.6
-0.7
8.8
-6.0
-1.5
-11.9
-19.9
-23.1
-16.2
20.0
11.7
32.9
22.6
1.3
64.0
24.7
15.9
27.4
82.6
60.9
-4.0
0.4
-6.4
-18.5
6.8
9.5
32.4
-7.1
30.9
89.9
8.6
7.5
14.9
16.4
54.7
-4 .1
December 2012
D-51
Survey of Current Business
Table 7.2.3B. Real Motor Vehicle Output, Quantity Indexes
Table 7.2.4B. Price Indexes for Motor Vehicle Output
[Index numbers, 2005=100]
[Index numbers, 2005=100]
Seasonally adjusted
Line
M otor vehicle o u tp u t.....
Auto output....................
Truck output...................
Final sales o f d om estic product
Personal consum ption
expenditures........................
New motor vehicles..............
A utos..................................
Light trucks (including
utility vehicles)..............
Net purchases of used autos
and used light tru cks........
Used autos........................
Used light trucks
(including utility
vehicles)........................
Private fixed in ve stm e n t........
New motor vehicles..............
A utos..................................
Trucks.................................
Light trucks (including
utility vehicles)..........
O ther..............................
Net purchases of used autos
and used light tru cks........
Used autos........................
Used light trucks
(including utility
vehicles)........................
Gross governm ent
investm ent............................
A utos......................................
Trucks.....................................
Net e xp orts................................
Exports...................................
A utos..................................
Trucks.................................
Im ports...................................
A utos..................................
Trucks.................................
Change in private in ve ntorie s...
N ew ........................................
Dom estic...........................
Foreign...............................
Used........................................
Trucks...
New..
Dom estic...........................
Foreign...............................
Addenda:
Final sales of motor vehicles to
domestic purchasers............
Private fixed investment in new
autos and new light trucks....
Domestic output of new a u to s2
Sales of imported new autos 3
2010
2011
2011
Seasonally adjusted
2012
I
II
Line
III
IV
96.182 97.893
92.466 89.076
98.423 103.050
92.547 92.104
95.763
91.602
98.274
91.326
1
2
3
4
77.612
71.191
81.368
74.698
86.127
74.425
92.931
87.418
85.210
69.765
94.174
85.723
89.922
78.763
96.420
90.879
b
6
7
79.558
71.598
69.437
84.151
79.553
78.220
81.484
77.048
73.059
87.532
85.503
83.388
90.633
88.819
93.003
88.122
87.302
88.939
90.644
88.978
91.379
8
73.193
80.608
79.886
87.088
86.173
86.362
87.529
9
10
97.580
84.545
95.240
83.544
92.174
80.229
93.355
82.001
96.067
84.668
91.437
78.832
95.784
82.016
11 110.215 106.564 103.754 104.343 107.093 103.664 109.146
12 60.014 85.620 91.146 93.937 98.591 100.780 99.841
13 74.454 87.133 90.287 92.082 97.013 97.673 98.404
14 86.422 89.229 89.597 92.141 107.834 102.231 105.744
15 67.460 85.784 90.543 91.903 90.647 94.894 94.032
16
17
73.483
52.347
86.338
82.825
91.304
87.008
89.749
95.030
18 112.246
19 102.321
98.005
94.078
96.465
91.286
96.421 102.394
91.256 106.844
20 122.320 101.975 101.701
21
22
23
?4
2b
26
27
28
29
30
31
3?
33
34
35
36
37
38
39
4f)
41
101.331 99.130 104.688
77.237 73.223 76.045
108.544 106.859 113.220
101.647
87.174
96.799
91.934
99.792
93.085
94.322
99.849 104.184
98.294 98.706
97.836 101.388 109.696
87.144
67.108
93.164
84.438
61.155
91.359
90.992
63.861
99.026
91.350
74.081
96.599
120.041
133.421
108.337
86.135
103.113
70.746
142.927
159.849
128.161
92.312
112.376
74.153
146.246
158.371
135.440
97.509
118.936
78.106
145.103
166.204
126.879
97.969
121.289
76.827
157.798
185.582
133.978
108.899
132.980
87.095
159.209
185.236
136.830
107.238
132.464
84.375
150.615
173.459
130.906
112.244
136.173
90.588
42
74.017
84.020
83.828
88.212
91.517
90.577
92.073
43
44
45
79.387 87.724
70.375 76.737
95.412 103.751
90.614 90.912 96.583 96.676 98.891
76.160 86.183 100.189 98.546 105.717
98.311 103.888 116.996 111.164 109.144
1. Consists of used light trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of sales of imported new autos in personal consumption expenditures, in private fixed investment, and in
gross government investment.
2010
2011
III
M otor vehicle o u tp u t.....
Auto output....................
Truck output...................
Final sales o f dom estic product
Personal consum ption
e xp e n d itu re s........................
New motor vehicles...............
Autos...................................
Light trucks (including
utility vehicles)..............
Net purchases of used autos
and used light trucks.........
Used a uto s........................
Used light trucks
(including utility
vehicles)........................
Private fixed investm ent.........
New motor vehicles...............
Autos...................................
Trucks.................................
Light trucks (including
utility vehicles)..........
Other...............................
Net purchases of used autos
and used light trucks.........
Used a uto s........................
Used light trucks
(including utility
vehicles)........................
G ross governm ent
investm ent............................
Autos.......................................
Trucks.....................................
Net e x p o rts ................................
Exports...................................
Autos...................................
Trucks .................................
Imports....................................
Autos...................................
Trucks.................................
Change in private inventories. ..
Autos............................................
New....
Domestic............................
Foreign................................
Addenda:
Final sales of motor vehicles to
domestic purchasers.............
Private fixed investment in new
autos and new light trucks....
Domestic output of new autos 2
Sales of imported new autos 3
1
2
3
4
101.827
103.678
100.715
101.720
105.034
107.039
103.841
105.041
2011
2012
III
IV
I
II
III
106.045
108.137
104.810
106.091
106.051
107.745
104.990
106.067
106.360
107.791
105.426
106.351
106.994
108.231
106.157
107.039
106.975
107.530
106.481
106.955
5 101.901 105.257 106.405 105.995 105.764 107.009 106.569
6 99.759 102.540 103.622 103.076 103.397 104.382 104.752
7 102.095 105.133 106.671 105.879 105.920 106.862 106.855
8
98.055 100.671 101.469 101.078 101.582 102.595 103.217
9 104.910 109.234 110.498 110.363 109.013 110.779 108.661
10 104.707 110.269 111.842 110.996 110.027 111.324 108.474
11
12
13
14
15
105.147
98.580
102.232
102.087
102.505
108.538
100.322
105.050
105.153
105.164
109.569
100.371
106.006
106.698
105.758
109.978
100.522
105.757
105.915
105.809
108.334
101.704
106.166
105.961
106.446
110.456
101.340
107.021
106.898
107.250
108.877
102.229
107.249
106.889
107.628
16 98.177 100.809 101.609 101.217 101.726 102.744 103.353
17 116.584 119.331 119.346 120.593 121.570 121.871 121.659
18 102.197 106.493 109.004 107.766 106.435 109.946 108.673
19 102.480 106.630 108.947 107.996 106.600 109.935 108.695
20 101.954 106.381 109.075 107.574 106.308 110.004 108.699
21
22
23
?4
2b
26
27
28
29
30
31
3?
33
34
35
36
37
38
39
40
41
109.543 111.728 111.729 112.499 113.328 113.835 113.868
107.341 108.309 108.443 108.384 107.783 110.165 108.900
109.936 112.371 112.346 113.286 114.408 114.550 114.851
104.152
102.823
105.673
104.398
102.874
106.346
106.211
104.030
108.649
105.931
105.676
106.163
106.487
103.966
109.231
105.834
106.807
104.503
107.600
105.372
110.026
105.778
106.442
104.880
107.937
105.401
110.721
105.891
106.452
105.138
108.559
105.944
111.436
106.716
107.232
106.028
108.344
105.558
111.419
106.767
107.195
106.200
42 102.345 105.282 106.098 105.900 106.121 106.866 106.845
43 99.798 102.626 103.764 103.202 103.493 104.469 104.788
44 102.078 104.325 105.129 105.271 105.435 106.050 106.033
45 102.087 105.097 106.630 105.837 105.881 106.820 106.812
1. Consists of used light trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of sales of imported new autos in personal consumption expenditures, in private fixed investment, and in
gross government investment.
D-52
December 2012
National Data
Table 7.2.5B. Motor Vehicle Output
Table 7.2.6B. Real Motor Vehicle Output, Chained Dollars
[Billions of dollars]
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
Motor vehicle o u tp u t.....
Auto output....................
Truck output...................
Final sales o f dom estic product
Personal consum ption
expenditures........................
New motor vehicles..............
A utos..................................
Light trucks (including
utility vehicles)..............
Net purchases of used autos
and used light trucks........
Used autos........................
Used light trucks
(including utility
vehicles)........................
Private fixed in ve stm e n t........
New motor vehicles..............
A utos..................................
Trucks.................................
Light trucks (including
utility vehicles)..........
O ther.............................
Net purchases of used autos
and used light tru cks........
Used autos........................
Used light trucks
(including utility
vehicles)........................
G ross governm ent
investm ent............................
A utos......................................
Trucks.....................................
Net exports
Exports.
Autos
Trucks
Im ports.
Autos
Trucks.................................
Change in private in ve ntorie s...
A utos...........................................
N ew ........................................
Domestic...........................
Foreign...............................
Used........................................
Trucks ..........................................
N ew .........................................
Domestic...........................
Foreign...............................
Used 1....................................
Addenda:
Final sales of motor vehicles to
domestic purchasers............
Private fixed investment in new
autos and new light trucks....
Domestic output of new autos 2
Sales of imported new autos 3
2010
2011
Seasonally adjusted at annual rates
2012
2011
I
IV
428.6
149.8
278.8
415.9
438.8
144.9
293.9
416.6
429.1
148.0
281.1
412.7
341.1
226.8
92.6
349.4
232.0
95.2
1
2
3
4
331.1
110.9
220.2
321.1
379.0
119.7
259.3
388.0
378.5
113.4
265.1
384.3
399.5
127.5
272.0
407.3
fa
6
7
293.2
177.8
69.1
320.3
203.0
80.1
313.6
198.7
76.0
335.6
219.4
86.1
346.7
228.6
96.0
II
Line
III
8
108.7
122.9
122.8
133.3
132.6
134.2
136.8
9
10
115.4
49.3
117.3
51.3
114.9
50.0
116.2
50.7
118.1
51.9
114.3
48.9
117.4
49.6
11
12
13
14
15
66.1
87.5
162.1
68.6
93.5
66.0
127.1
194.9
73.0
122.0
64.9
135.4
203.7
74.3
129.4
65.5
139.7
207.3
75.9
131.4
66.2
148.4
219.2
88.8
130.4
65.4
151.1
222.5
85.0
137.5
67.8
151.0
224.6
87.9
136.8
16
17
71.3
22.2
86.0
36.0
91.6
37.8
89.7
41.7
87.6
42.8
93.3
44.2
95.0
41.7
18
19
-74.6
-34.3
-67.8
-32.8
-68.4
-32.6
-67.6
-32.3
-70.9
-37.3
-71.4
-35.4
-73.6
-35.1
20
-40.2
-35.0
-35.8
-35.3
-33.6
-36.0
-38.5
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
16.8
2.9
13.9
-76.4
55.0
28.0
27.0
131.3
73.8
57.6
10.0
1.2
3.0
2.1
0.9
-1.9
8.8
10.3
9.0
1.3
-1.5
16.7
2.7
14.0
-76.1
66.7
33.9
32.8
142.8
82.6
60.2
-9.0
-5.9
-0.5
0.8
-1.3
-5.4
-3.1
3.1
3.5
-0.4
-6.1
17.7
2.8
14.8
-82.3
68.5
33.6
34.8
150.8
88.4
62.4
-5.8
-2.5
1.7
-0.9
2.7
-4.2
-3.3
1.7
-0.5
2.2
-5.0
14.8
2.5
12.3
-82.8
68.6
35.8
32.9
151.4
89.8
61.6
-7.8
-1.4
4.4
4.5
-0.2
-5.7
-6.5
-1.7
-1.2
-0.5
-4.8
14.5
2.3
12.2
-93.6
74.9
39.9
34.9
168.5
98.5
70.1
12.7
6.6
7.4
5.6
1.8
-0.8
6.1
13.4
9.5
3.8
-7.3
15.6
2.4
13.2
-91.3
76.0
40.1
35.9
167.2
98.8
68.4
22.2
10.1
12.3
7.9
4.4
-2.2
12.2
17.4
15.3
2.1
-5.2
15.7
2.8
12.9
-103.4
71.7
37.4
34.4
175.1
101.5
73.6
16.4
11.9
13.6
9.8
3.8
-1.8
4.5
9.7
8.7
1.0
-5.2
42
397.4
464.1
466.6
490.1
509.5
507.8
516.1
43
44
45
139.9
77.5
84.1
158.9
86.3
94.2
166.0
86.3
90.6
165.6
97.7
95.0
176.4
113.8
107.0
178.3
112.6
102.6
182.9
120.7
100.7
1. Consists of used light trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of sales of imported new autos in personal consumption expenditures, in private fixed investment, and in
gross government investment.
2010
2011
III
M otor vehicle o u tp u t......
Auto output....................
Truck output..................
Final sales o f dom estic product
Personal consum ption
e xp en d itu res........................
New motor vehicles...............
Autos...................................
Light trucks (including
utility vehicles)..............
Net purchases of used autos
and used light trucks.........
Used a uto s........................
Used light trucks
(including utility
vehicles)........................
Private fixed investm ent.........
New motor vehicles...............
Autos...................................
Trucks.................................
Light trucks (including
utility vehicles)..........
Other...............................
Net purchases of used autos
and used light trucks.........
Used a utos........................
Used light trucks
(including utility
vehicles)........................
G ross governm ent
investm ent............................
Autos.......................................
Trucks.....................................
Net exports
E xports.
Autos.
Trucks
Imports..
Autos.
Trucks
Change in private inventories. ..
Autos............................................
New..........................................
Domestic............................
Foreign................................
U sed.......................................
Trucks...........................................
New..........................................
Domestic............................
Foreign................................
Used 1.....................................
Residual...........................................
Addenda:
Final sales of motor vehicles to
domestic purchasers.............
Private fixed investment in new
autos and new light trucks....
Domestic output of new autos 2
Sales of imported new autos 3
2012
2011
III
IV
1
2
3
4
325.1
107.0
218.6
315.6
360.8
111.8
249.7
369.4
357.0
104.8
253.0
362.2
376.7
118.3
259.1
384.0
fa
6
7
287.7
178.2
67.7
304.3
198.0
76.2
294.6
191.8
71.2
I
II
III
402.9
138.9
264.4
391.1
410.1
133.8
276.9
389.2
401.2
137.6
264.0
385.9
316.5
212.8
81.3
327.7
221.1
90.6
318.6
217.3
86.7
327.8
221.5
89.0
8
110.8
122.1
121.0
131.9
130.5
130.8
132.6
9
10
110.0
47.1
107.3
46.5
103.9
44.7
105.2
45.7
108.3
47.1
103.1
43.9
108.0
45.7
11
12
13
14
15
62.9
88.8
158.6
67.2
91.2
60.8
126.7
185.6
69.4
116.0
59.2
134.9
192.3
69.7
122.4
59.5
139.0
196.1
71.7
124.2
61.1
145.9
206.6
83.9
122.5
59.1
149.1
208.0
79.5
128.3
62.2
147.7
209.6
82.2
127.1
16
17
72.6
19.1
85.3
30.2
90.2
31.7
88.7
34.6
86.1
35.2
90.8
36.3
92.0
34.3
18
19
-73.0
-33.5
-63.7
-30.8
-62.7
-29.9
-62.7
-29.9
-66.6
-35.0
-64.9
-32.2
-67.7
-32.3
20
-39.5
-32.9
-32.8
-32.8
-31.6
-32.7
-35.4
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
15.3
2.7
12.6
-73.0
52.8
27.2
25.5
125.8
71.7
54.1
9.8
1.2
2.9
2.0
0.9
-1.8
8.7
10.1
8.9
1.3
-1.4
-1.4
15.0
2.5
12.4
-72.0
62.8
32.6
30.2
134.8
78.2
56.7
-8.4
-5.6
-0.5
0.8
-1.2
-5.1
-2.8
3.0
3.4
-0.4
-5.8
-0.5
15.8
2.6
13.2
-78.1
64.3
32.3
31.9
142.4
82.7
59.8
-5.2
-2.2
1.7
-0.9
2.5
-3.8
-3.0
1.7
-0.4
2.1
-4.6
-0.4
13.2
2.3
10.8
-79.3
63.8
33.9
29.9
143.1
84.4
58.8
-7.3
-1.2
4.2
4.4
-0.2
-5.3
-6.1
-1.6
-1.1
-0.5
-4.4
-0.6
12.7
2.1
10.6
-89.7
69.4
37.9
31.6
159.1
92.5
66.6
12.0
6.2
7.1
5.4
1.7
-0.8
5.8
12.8
9.1
3.6
-6.8
-0.3
13.7
2.2
11.5
-86.6
70.0
37.8
32.2
156.6
92.1
64.6
21.0
9.5
11.7
7.6
4.1
-2.0
11.5
16.5
14.5
2.0
-4.7
-0.6
13.8
2.6
11.2
-97.7
66.2
35.4
30.8
163.9
94.7
69.3
15.3
11.1
13.0
9.4
3.6
-1.6
4.2
9.1
8.2
0.9
-4.7
-0.9
43
388.3
440.8
439.8
462.8
480.2
475.2
483.1
44
45
46
140.2
75.9
82.4
154.9
82.7
89.6
160.0
82.1
84.9
160.5
92.9
89.7
170.5
108.0
101.0
170.7
106.2
96.0
174.6
114.0
94.3
1. Consists of used light trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of sales of imported new autos in personal consumption expenditures, in private fixed investment, and in
gross government investment.
N ote. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 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, excluding the lines in the addenda.
December 2012
D-53
Survey of Current Business
Table 7.5. Consumption of Fixed Capital by Legal Form of Organization and Type of Income
[Bilionsofdollars]
Seasonally adjusted at annual rates
Line
2010
2011
2011
III
Consum ption o f fixed ca p ita l.................................................
P rivate....................................................................................................... ............................
Dom estic b u s in e ss...........................................................................
Corporate business.........................................................................
Financial..............
Nonfinancial........
Noncorporate business
Sole proprietorships and partnerships.....................................
Farm..........................................................................................
Nonfarm...................................................................................
Other private business............................................................... ............
Rental income of persons...................................................... .............
Nonfarm tenant-occupied housing...................................
Farm tenant-occupied housing........................................
Farms owned by nonoperator landlords..........................
Proprietors’ income................................................................
Households and institutions
Owner-occupied housing
Nonprofit institutions serving households....................................
G overnm ent....................
General government...
Federal.....................
State and local........
Government enterprises.....................................................................
Federal.....................
State and local................................................................................. ............................
Addendum :
Nonfarm business................................................................................ ............................
2012
IV
I
II
III
1
2
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
1,873.4
1,539.9
1,245.0
1,026.5
166.4
860.1
218.6
185.8
24.1
161.7
32.8
30.4
27.8
0.3
0.3
1.9
2.4
294.9
205.5
89.4
333.5
278.2
123.5
154.7
55.3
6.8
48.6
1,936.8
1,948.9
1,587.4
1,596.5
1,285.7
1,293.9
1,069.1
1,061.9
168.2
168.8
893.7
900.3
223.8
224.8
190.7
191.7
25.2
25.4
166.4
165.5
33.0
33.1
30.6
30.6
28.0 ......................
0.3 ......................
0.3
2.0
2.5
2.5
301.7
302.6
209.5
210.0
92.2
92.6
352.4
349.4
291.0
293.5
131.4
130.0
161.0
162.1
58.4
58.9
7.0
7.1
51.4
51.8
1,966.6
1,611.0
1,306.8
1,079.9
170.2
909.7
226.9
193.7
25.8
167.9
33.2
30.7
1,984.9
2,004.8
2,019.0
1,642.0
1,653.4
1,625.9
1,321.3
1,335.1
1,343.4
1,092.6
1,104.3
1,111.1
171.8
173.6
174.4
920.8
930.8
936.8
228.7
230.7
232.3
195.6
197.5
198.8
26.4
26.6
26.1
171.1
172.2
169.5
33.2
33.3
33.5
30.6
30.8
30.9
....................... ...................... ......................
......................
....................... ...................... ......................
2.5
304.2
210.5
93.7
355.5
295.8
131.6
164.2
59.7
7.2
52.6
2.5
304.6
210.2
94.4
359.0
298.5
132.5
165.9
60.5
7.2
53.3
2.5
306.9
211.7
95.2
362.8
301.5
133.8
167.7
61.3
7.3
54.0
2.5
309.9
214.0
95.9
365.6
303.5
134.6
168.9
62.1
7.3
54.7
28
1,265.7
1,307.5
1,316.0
1,329.0
1,343.7
1,357.8
1,366.5
D-54
December 2012
B. N IPA -R elated Table
T a b le
B .l
p re s e n ts
th e
m o s t r e c e n t e s tim a te s
o f p e r s o n a l in c o m e
a n d
its
d is p o s itio n .
T h e se
e s tim a te s
w e re
r e le a s e d
o n
N o v e m b e r 30, 2012.
Table B.1 Personal Income and Its Disposition
[Billions of dollars; m onthly estimates seasonally adjusted at annual rates]
2012
2011
2010
2011
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
March
A p rilr
May '
June'
July r
A ug.'
Sept. r
Oct.
p
Personal in co m e....................................................................... 12,321.9 12,947.3 12,981.2 13,025.5 12,994.4 13,032.2 13,148.4 13,234.7 13,298.3 13,302.9 13,322.3 13,355.9 13,375.0 13,386.2 13,434.0 13,434.4
Compensation of employees, received.................................... 7,970.0 8,295.2 8,321.4 8,360.4 8,323.5 8,336.5 8,440.7 8,501.7 8,544.6 8,525.2 8,518.2 8,539.7 8,554.8 8,560.4 8,589.1 8,573.7
Wage and salary disbursements.......................................... 6,404.6 6,661.3 6,679.1 6,712.7 6,676.8 6,687.6 6,776.7 6,831.5 6,869.4 6,848.9 6,840.3 6,858.5 6,869.8 6,872.6 6,896.6 6,879.6
Private industries............
5,213.3 5,466.0 5,482.1 5,519.2 5,484.7 5,495.9 5,579.0 5,632.1 5,669.2 5,648.7 5,640.6 5,658.7 5,669.1 5,668.6 5,691.0 5,673.9
Goods-producing industries......................................... 1,057.5 1,108.6 1,116.4 1,113.5 1,100.0 1,108.7 1,133.5 1,145.6 1,153.0 1,160.2 1,158.2 1,166.9 1,171.9 1,162.9 1,166.8 1,163.2
Manufacturing.,,,
674.1
706.6
708.6
704.7
695.6
702.5
716.4
723.5
729.2
740.3
742.3
746.5
750.3
753.9
746.8
748.6
Service-producing industries.......................................
4,155.8 4,357.4 4,365.7 4,405.7 4,384.7 4,387.1 4,445.6 4,486.4 4,516.2 4,488.5 4,482.4 4,491.8 4,497.2 4,505.8 4,524.1 4,510.6
Trade, transportation, and utilities..........................
1,005.5 1,050.1 1,053.7 1,058.4 1,055.6 1,055.7 1,074.8 1,086.4 1,088.7 1,093.6 1,097.3 1,104.2 1,104.4 1,105.7 1,111.4 1,109.4
Other services-producing industries...................... 3,150.3 3,307.3 3,312.0 3,347.3 3,329.1 3,331.4 3,370.8 3,400.0 3,427.5 3,394.9 3,385.2 3,387.6 3,392.9 3,400.0 3,412.8 3,401.2
Government........................................................................
1,191.3 1,195.3 1,197.0 1,193.6 1,192.1 1,191.8 1,197.6 1,199.4 1,200.2 1,200.1 1,199.6 1,199.7 1,200.7 1,203.9 1,205.6 1,205.7
Supplements to wages and salaries....................................
1,565.4 1,633.9 1,642.3 1,647.6 1,646.8 1,648.8 1,664.0 1,670.2 1,675.2 1,676.3 1,678.0 1,681.2 1,685.0 1,687.9 1,692.5 1,694.1
Employer contributions for employee pension and
insurance funds.............................................................
1,097.3 1,139.0 1,146.9 1,149.3 1,151.6 1,153.6 1,156.9 1,159.5 1,162.3 1,164.9 1,167.7 1,170.4 1,173.2 1,176.3 1,179.3 1,182.2
Employer contributions for government social
494.9
495.4
495.2
495.2
507.1
insurance........................................................................
468.1
498.3
510.6
512.9
511.4
510.3
511.8
511.6
513.2
511.8
510.8
Proprietors’ income with IVA and CCAdj.................................
1,103.4 1,157.3 1,168.9 1,163.2 1,162.7 1,169.8 1,174.1 1,188.6 1,190.4 1,192.3 1,196.5 1,196.0 1,198.1 1,204.0 1,215.6 1,213.5
51.4
Farm .........................................................................................
55.7
54.9
54.3
54.0
53.1
52.3
62.7
44.3
54.6
51.9
52.5
53.1
56.3
59.5
60.8
Nonfarm...................................................................................
1,059.1 1,102.8 1,113.1 1,108.4 1,108.4 1,115.8 1,121.0 1,136.3 1,139.0 1,140.3 1,144.0 1,142.9 1,141.9 1,144.6 1,153.0 1,152.8
Rental income of persons with CCAdj.....................................
349.2
409.7
419.2
426.2
433.3
439.2
445.3
451.3
454.1
431.3
451.7
452.8
462.2
471.0
480.0
485.5
Personal income receipts on assets......................................... 1,598.3 1,685.1 1,679.1 1,683.1 1,683.1 1,687.8 1,690.1 1,695.8 1,703.2 1,717.3 1,733.6 1,741.4 1,723.3 1,713.9 1,701.7 1,718.9
Personal interest income....
991.7
990.2
988.1
985.8
988.8
991.8
994.9 1,000.5 1,006.1 1,011.8
1,016.6 1,008.8
994.3
976.9
959.5
971.9
Personal dividend incom e..
581.7
676.3
687.4
692.8
695.0
702.0
701.3
704.0
708.3
727.4
729.7
742.2
716.8
729.0
737.0
747.0
Personal current transfer receipts............................................. 2,284.3 2,319.2 2,313.3 2,318.4 2,314.8 2,326.4 2,341.3 2,346.5 2,356.2 2,361.2 2,364.7 2,369.7 2,383.0 2,383.5 2,397.1 2,390.4
Government social benefits to persons............................... 2,236.9 2,274.3 2,269.4 2,274.3 2,270.9 2,282.8 2,296.0 2,301.2 2,310.9 2,315.4 2,319.0 2,323.9 2,337.0 2,337.4 2,350.8 2,344.0
Social security1..................................................................
690.2
718.1
718.9
728.7
749.2
758.2
762.1
713.3
717.5
752.1
756.8
756.8
764.6
759.7
773.6
763.3
554.1
555.7
Medicare2.......................
545.1
550.7
552.0
553.2
554.0
557.9
557.4
564.1
566.4
515.3
556.2
557.2
568.0
566.1
Medicaid..........................
391.9
391.9
392.1
394.8
397.7
400.3
415.7
396.6
403.9
393.9
408.1
417.8
421.8
425.2
425.7
428.9
Unemployment insurance.................................................
99.7
104.7
97.5
94.1
91.0
72.4
138.9
108.0
99.5
98.5
89.5
83.6
78.4
78.0
74.4
70.6
70.7
57.9
65.7
65.2
63.7
65.1
67.3
68.5
71.1
71.9
Veterans’ benefits...........
63.3
71.6
73.8
74.7
73.6
75.1
444.4
O ther...................................................................................
442.0
442.3
443.7
433.0
432.8
433.7
438.1
440.8
433.1
433.8
434.3
437.3
437.0
437.6
440.1
Other current transfer receipts, from business (net)
47.4
44.1
43.9
43.6
45.2
45.3
45.4
44.9
43.9
45.8
45.7
45.8
46.0
46.1
46.3
46.4
Less: Contributions for government social insurance............
921.1
937.0
943.2
947.4
983.3
919.3
920.6
925.9
921.6
944.8
943.5
945.0
946.5
946.6
949.5
947.6
Less: Personal current taxes.................................................
1,194.8
1,398.0
1,406.7
1,417.7
1,416.4
1,423.1
1,439.6
1,452.0
1,460.6
1,461.6
1,464.1
1,470.0
1,472.4
1,474.2
1,479.9
1,479.6
Equals: Disposable personal incom e.................................. 11,127.1 11,549.3 11,574.6 11,607.8 11,577.9 11,609.1 11,708.8 11,782.7 11,837.7 11,841.3 11,858.2 11,885.9 11,902.6 11,912.0 11,954.1 11,954.9
Less: Personal outlays
.................................................. 10,560.4 11,059.9 11,168.4 11,194.2 11,205.9 11,216.7 11,278.0 11,367.2 11,400.8 11,423.6 11,400.7 11,394.1 11,436.5 11,475.5 11,562.8 11,544.8
Personal consumption expenditures......................................... 10,215.7 10,729.0 10,836.4 10,861.1 10,874.0 10,886.3 10,941.8 11,025.8 11,054.1 11,080.3 11,061.7 11,059.5 11,098.0 11,133.6 11,217.6 11,197.4
Goods...................................
3,364.9 3,624.8 3,674.5 3,694.4 3,691.7 3,684.1 3,721.8 3,765.7 3,780.2 3,769.3 3,734.1 3,721.0 3,741.5 3,786.1 3,846.7 3,818.5
Durable goods................
1,079.4 1,146.4 1,157.2 1,172.6 1,173.5 1,179.1 1,197.9 1,208.8 1,207.1 1,202.0 1,199.1 1,199.7 1,202.9 1,214.1 1,237.9 1,214.7
Nondurable goods,,
2,285.5 2,478.4 2,517.3 2,521.8 2,518.1 2,505.0 2,523.9 2,556.9 2,573.1 2,567.3 2,535.0 2,521.3 2,538.6 2,572.0 2,608.8 2,603.9
Services...............................
6,850.9 7,104.2 7,161.9 7,166.8 7,182.4 7,202.2 7,220.0 7,260.1 7,273.9 7,311.0 7,327.6 7,338.4 7,356.5 7,347.5 7,370.9 7,378.8
Personal interest payments 3..
169.4
167.1
170.4
175.4
180.4
183.8
168.0
168.5
165.3
175.8
171.2
166.7
169.8
172.9
176.0
178.0
Personal current transfer payments..........................................
160.9
162.8
162.6
164.6
164.8
165.1
165.8
166.1
166.3
167.7
168.7
169.2
169.4
167.5
168.0
169.0
To government.........................................................................
87.4
89.8
90.0
90.3
90.5
90.8
92.1
92.5
88.9
89.3
89.5
91.1
91.3
91.6
91.8
92.3
75.1
75.1
75.5
75.5
75.5
76.4
76.4
76.4
To the rest of the world (net)..................................................
73.5
73.9
73.3
75.1
76.9
76.9
76.9
76.9
Equals: Personal s a v in g .........................................................
Personal saving as a percentage o f disposable personal
in co m e....................................................................................
566.7
489.4
406.1
413.6
372.0
392.3
430.8
415.4
436.8
417.7
457.5
491.8
466.1
436.5
391.3
410.1
5.1
4.2
3.5
3.6
3.2
3.4
3.7
3.5
3.7
3.5
3.9
4.1
3.9
3.7
3.3
3.4
Addenda:
Personal income excluding current transfer receipts:
9,035.8 9,340.4 9,316.9 9,351.0 9,319.5 9,335.9 9,400.7 9,440.8 9,465.6 9,463.9 9,496.6 9,513.5 9,512.8 9,488.5 9,486.5 9,480.7
Billions of chained (2005) dollars .......................................
Disposable personal income:
Billions of chained (2005) dollars4....................................... 10,016.5 10,149.7 10,108.7 10,137.6 10,103.5 10,123.6 10,185.0 10,216.4 10,240.4 10,242.0 10,277.2 10,292.6 10,300.9 10,272.7 10,274.9 10,262.7
Per capita:
Current dollars....................................................................
37,012 37,034
37,116
36,998 37,077
37,375
35,920
37,591
37,747
37,737
37,768
37,861
37,833
37,865
37,973
37,951
Chained (2005 dollars)......................................................
32,594 32,653
32,335
32,527 32,343
32,415
32,286 32,333
32,511
32,640
32,733
32,762
32,766
32,654
32,639 32,579
Population (midperiod, thousands)5 ........................................ 309,774 312,040 312,542 312,747 312,932 313,109 313,278 313,440 313,610 313,788 313,972 314,168 314,376 314,589 314,802 315,009
Personal consumption expenditures:
Billions of chained (2005) d ollars........................................
9,196.2 9,428.8 9,464.0 9,485.5 9,489.2 9,493.3 9,517.9 9,560.1 9,562.5 9,583.8 9,586.9 9,577.0 9,604.6 9,601.4 9,641.9 9,612.4
Goods..................................................................................
3,209.1 3,331.0 3,343.3 3,368.0 3,367.3 3,368.3 3,392.4 3,412.4 3,415.1 3,415.3 3,410.3 3,402.6 3,420.6 3,432.9 3,462.9 3,436.1
Durable goods
1,178.3 1,262.6 1,276.3 1,294.0 1,298.5 1,307.9 1,327.8 1,340.2 1,340.2 1,336.8 1,333.2 1,335.8 1,343.6 1,358.5 1,388.0 1,364.7
Nondurable goods......................................................... 2,029.3 2,075.2 2,076.1 2,085.3 2,081.2 2,075.2 2,082.2 2,091.0 2,093.5 2,096.2 2,094.3 2,085.4 2,095.9 2,096.0 2,101.6 2,094.4
Services.............
5,987.6 6,101.5 6,124.2 6,122.1 6,126.4 6,129.4 6,130.9 6,153.5 6,153.3 6,173.9 6,181.6 6,179.0 6,189.3 6,174.8 6,186.4 6,182.6
Implicit price deflator, 2005=100.......................................... 111.087 113.790 114.501 114.502 114.594 114.673 114.961 115.331 115.598 115.615 115.384 115.480 115.549 115.959 116.343 116.489
Percent change from preceding period:
Personal incom e, current d o lla rs..........................................
Disposable personal income:
Current dollars........................................................................
Chained (2005) dollars..........................................................
Personal consumption expenditures:
Current dollars.............................................................................
Chained (2005) dollars...............................................................
3.8
5.1
0.1
0.3
-0.2
0.3
0.9
0.7
0.5
0.0
0.1
0.3
0.1
0.1
0.4
0.0
3.8
1.8
3.8
1.3
0.0
-0.1
0.3
0.3
-0.3
-0.3
0.3
0.2
0.9
0.6
0.6
0.3
0.5
0.2
0.0
0.0
0.1
0.3
0.2
0.2
0.1
0.1
0.1
-0.3
0.4
0.0
0.0
-0.1
3.8
1.8
5.0
2.5
0.5
0.4
0.2
0.2
0.1
0.0
0.1
0.0
0.5
0.3
0.8
0.4
0.3
0.0
0.2
0.2
-0.2
0.0
0.0
-0.1
0.3
0.3
0.3
0.0
0.8
0.4
-0.2
-0.3
p Preliminary
r Revised
CCAdj Capital consumption adjustment
IVA Inventory valuation adjustment
1. 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.
2. 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.
3. Consists of nonmortgage interest paid by households.
4. Equals disposable personal income deflated by the implicit price deflator for personal consumption expen
ditures.
5. Population is the total population of the United States, including the Armed Forces overseas and the insti
tutionalized population. The monthly estimate is the average of estimates for the first of the month and the first
of the following month; the annual estimate is the average of the monthly estimates.
Source: U.S. Bureau of Economic Analysis.
D-55
December 2012
C. H istorical M easures
T h i s t a b le is d e r iv e d f r o m
M a jo r N IP A
t h e “ S e le c te d N I P A
T a b le s ” t h a t a r e p u b l i s h e d i n
S e r ie s ” t a b le s t h a t w e r e p u b l i s h e d
in
th e A u g u s t 2 0 1 2
t h is is s u e a n d f r o m
is s u e . ( T h e
c h a n g e s in
th e
“ G D P
a nd
O th e r
p r ic e s a re c a lc u la t e d f r o m
in d e x e s e x p r e s s e d t o t h r e e d e c im a l p la c e s . )
Table C.1. GDP and Other Major NIPA Aggregates—Continues
[Quarterly estimates are seasonally adjusted at annual rates]
Billions of chained (2005) dollars
Year
Gross
domestic
product
Final sales of
domestic
product
Gross
national
product
Chain-type price indexes
[2005=100]
Percent change from
preceding period
Real gross
domestic
product
Real final
sales of
domestic
product
Gross
domestic
product
Gross
domestic
purchases
Implicit price deflators
[2005=100]
Gross
domestic
product
Gross
national
product
Percent change from preceding period
Chain-type price index
Implicit price deflators
Gross
domestic
product
Gross
domestic
product
Gross
domestic
purchases
Gross
national
product
1959
......................
2,760.1
2,761.6
2,778.1
7.2
6.3
18.363
17.987
18.355
18.336
1.1
1.2
1.2
1.2
1960
1961
1962
1963
1964
......................
......................
......................
......................
......................
2,828.5
2,894.4
3,069.8
3,204.0
3,389.4
2,834.2
2,902.1
3,062.3
3,199.9
3,390.8
2,848.2
2,916.1
3,094.1
3,230.1
3,417.5
2.5
2.3
6.1
4.4
5.8
2.6
2.4
5.5
4.5
6.0
18.620
18.830
19.087
19.290
19.589
18.235
18.428
18.670
18.887
19.191
18.612
18.821
19.078
19.281
19.580
18.592
18.802
19.060
19.264
19.563
1.4
1.1
1.4
1.1
1.6
1.4
1.1
1.3
1.2
1.6
1.4
1.1
1.4
1.1
1.6
1.4
1.1
1.4
1.1
1.6
1965
1966
1967
1968
1969
......................
......................
......................
......................
......................
3,607.0
3,842.1
3,939.2
4,129.9
4,258.2
3,587.6
3,803.4
3,920.0
4,115.8
4,245.0
3,636.4
3,869.8
3,967.7
4,160.6
4,288.0
6.4
6.5
2.5
4.8
3.1
5.8
6.0
3.1
5.0
3.1
19.945
20.511
21.142
22.040
23.130
19.524
20.071
20.654
21.526
22.582
19.936
20.502
21.133
22.031
23.119
19.920
20.486
21.116
22.015
23.101
1.8
2.8
3.1
4.2
4.9
1.7
2.8
2.9
4.2
4.9
1.8
2.8
3.1
4.2
4.9
1.8
2.8
3.1
4.3
4.9
1970
1971
1972
1973
1974
......................
......................
......................
......................
......................
4,266.3
4,409.5
4,643.8
4,912.8
4,885.7
4,284.3
4,403.6
4,636.7
4,884.0
4,870.0
4,295.8
4,442.2
4,678.9
4,960.3
4,939.8
0.2
3.4
5.3
5.8
-0.6
0.9
2.8
5.3
5.3
-0.3
24.349
25.567
26.670
28.148
30.695
23.798
25.021
26.134
27.647
30.484
24.338
25.554
26.657
28.136
30.690
24.320
25.537
26.639
28.121
30.669
5.3
5.0
4.3
5.5
9.0
5.4
5.1
4.4
5.8
10.3
5.3
5.0
4.3
5.5
9.1
5.3
5.0
4.3
5.6
9.1
1975
1976
1977
1978
1979
......................
......................
......................
......................
......................
4,875.4
5,136.9
5,373.1
5,672.8
5,850.1
4,922.1
5,115.9
5,340.3
5,634.9
5,836.2
4,917.2
5,186.8
5,429.1
5,728.4
5,925.2
-0.2
5.4
4.6
5.6
3.1
1.1
3.9
4.4
5.5
3.6
33.606
35.535
37.796
40.447
43.811
33.328
35.238
37.617
40.286
43.833
33.591
35.519
37.783
40.435
43.798
33.570
35.502
37.767
40.419
43.782
9.5
5.7
6.4
7.0
8.3
9.3
5.7
6.8
7.1
8.8
9.5
5.7
6.4
7.0
8.3
9.5
5.8
6.4
7.0
8.3
1980
1981
1982
1983
1984
......................
......................
......................
......................
......................
5,834.0
5,982.1
5,865.9
6,130.9
6,571.5
5,873.6
5,954.4
5,918.2
6,167.6
6,490.0
5,908.3
6,047.3
5,934.0
6,197.1
6,634.1
-0.3
2.5
-1.9
4.5
7.2
0.6
1.4
-0.6
4.2
5.2
47.817
52.326
55.514
57.705
59.874
48.448
52.909
55.906
57.865
59.904
47.791
52.270
55.459
57.652
59.817
47.769
52.251
55.438
57.635
59.800
9.1
9.4
6.1
3.9
3.8
10.5
9.2
5.7
3.5
3.5
9.1
9.4
6.1
4.0
3.8
9.1
9.4
6.1
4.0
3.8
1985
1986
1987
1988
1989
......................
......................
......................
......................
......................
6,843.4
7,080.5
7,307.0
7,607.4
7,879.2
6,833.1
7,092.7
7,289.9
7,601.3
7,860.8
6,888.0
7,110.4
7,335.9
7,643.9
7,917.3
4.1
3.5
3.2
4.1
3.6
5.3
3.8
2.8
4.3
3.4
61.686
63.057
64.818
67.047
69.579
61.605
63.000
64.978
67.215
69.765
61.628
62.991
64.819
67.046
69.577
61.614
62.973
64.804
67.031
69.570
3.0
2.2
2.8
3.4
3.8
2.8
2.3
3.1
3.4
3.8
3.0
2.2
2.9
3.4
3.8
3.0
2.2
2.9
3.4
3.8
1990
1991
1992
1993
1994
......................
......................
......................
......................
......................
8,027.1
8,008.3
8,280.0
8,516.2
8,863.1
8,025.8
8,027.9
8,277.2
8,508.0
8,801.7
8,075.0
8,048.8
8,319.4
8,556.0
8,893.0
1.9
-0.2
3.4
2.9
4.1
2.1
0.0
3.1
2.8
3.5
72.274
74.826
76.602
78.288
79.935
72.601
74.980
76.788
78.404
80.029
72.262
74.824
76.598
78.290
79.940
72.260
74.819
76.586
78.291
79.942
3.9
3.5
2.4
2.2
2.1
4.1
3.3
2.4
2.1
2.1
3.9
3.5
2.4
2.2
2.1
3.9
3.5
2.4
2.2
2.1
1995
1996
1997
1998
1999
......................
......................
......................
......................
......................
9,086.0
9,425.8
9,845.9
10,274.7
10,770.7
9,065.4
9,404.4
9,774.2
10,208.3
10,706.5
9,121.7
9,463.1
9,873.4
10,295.3
10,802.9
2.5
3.7
4.5
4.4
4.8
3.0
3.7
3.9
4.4
4.9
81.602
83.154
84.627
85.580
86.840
81.743
83.220
84.468
85.034
86.377
81.606
83.159
84.628
85.584
86.842
81.611
83.166
84.630
85.581
86.840
2.1
1.9
1.8
1.1
1.5
2.1
1.8
1.5
0.7
1.6
2.1
1.9
1.8
1.1
1.5
2.1
1.9
1.8
1.1
1.5
2000
2001
2002
2003
2004
......................
......................
......................
......................
......................
11,216.4
11,337.5
11,543.1
11,836.4
12,246.9
11,158.0
11,382.0
11,533.6
11,820.5
12,181.3
11,259.2
11,395.0
11,597.1
11,909.9
12,341.6
4.1
1.1
1.8
2.5
3.5
4.2
2.0
1.3
2.5
3.1
88.724
90.731
92.192
94.134
96.784
88.537
90.198
91.498
93.584
96.415
88.723
90.727
92.196
94.135
96.786
88.720
90.725
92.191
94.131
96.782
2.2
2.3
1.6
2.1
2.8
2.5
1.9
1.4
2.3
3.0
2.2
2.3
1.6
2.1
2.8
2.2
2.3
1.6
2.1
2.8
2005
2006
2007
2008
2009
......................
......................
......................
......................
......................
12,623.0
12,958.5
13,206.4
13,161.9
12,757.9
12,573.0
12,899.3
13,177.5
13,200.5
12,899.7
12,720.1
13,028.3
13,322.0
13,316.9
12,889.0
3.1
2.7
1.9
-0.3
-3.1
3.2
2.6
2.2
0.2
-2.3
100.000
103.237
106.231
108.565
109.532
100.000
103.354
106.402
109.858
109.620
100.000
103.231
106.227
108.582
109.529
100.000
103.234
106.230
108.589
109.529
3.3
3.2
2.9
2.2
0.9
3.7
3.4
2.9
3.2
-0.2
3.3
3.2
2.9
2.2
0.9
3.3
3.2
2.9
2.2
0.9
2010
2011
......................
......................
13,063.0
13,299.1
13,010.3
13,265.3
13,253.4
13,522.0
2.4
1.8
0.9
2.0
111.002
113.369
111.421
114.208
110.993
113.359
110.977
113.353
1.3
2.1
1.6
2.5
1.3
2.1
1.3
2.1
D-56
National Data
December 2012
Table C.1. GDP and Other Major NIPA Aggregates—Continues
[Quarterlyestimatesareseasonallyadjustedatannual rates]
Billions of chained (2005) dollars
Year and Quarter
Gross
domestic
product
Final sales of
domestic
product
Gross
national
product
Percent change from
preceding period
Real gross
domestic
product
Real final
sales of
domestic
product
Chain-type price indexes
[2005=100]
Gross
domestic
product
Gross
domestic
purchases
Implicit price deflators
[2005=100]
Gross
domestic
product
Gross
national
product
Percent change from preceding period
Chain-type price index
Implicit pric e deflators
Gross
domestic
product
Gross
domestic
product
Gross
domestic
purchases
Gross
national
product
1959:
I .....................
I I ....................
I ll...................
IV...................
2,708.0
2,776.4
2,773.1
2,782.8
2,712.4
2,759.1
2,792.7
2,782.2
2,725.1
2,793.6
2,791.5
2,802.2
8.3
10.5
-0.5
1.4
8.5
7.1
5.0
-1.5
18.283
18.325
18.385
18.461
17.907
17.952
18.007
18.081
18.297
18.314
18.366
18.443
18.277
18.295
18.347
18.423
1.5
0.9
1.3
1.7
1.6
1.0
1.2
1.7
0.6
0.4
1.1
1.7
0.6
0.4
1.1
1.7
1960:
I .....................
II....................
I ll...................
IV...................
2,845.3
2,832.0
2,836.6
2,800.2
2,812.6
2,839.4
2,835.4
2,849.3
2,864.0
2,851.1
2,856.5
2,821.2
9.3
-1.9
0.7
-5.0
4.4
3.9
-0.6
2.0
18.499
18.577
18.662
18.742
18.115
18.193
18.276
18.356
18.521
18.579
18.648
18.700
18.502
18.560
18.628
18.680
0.8
1.7
1.8
1.7
0.8
1.7
1.8
1.8
1.7
1.3
1.5
1.1
1.7
1.3
1.5
1.1
1961:
I .....................
II ....................
I ll...................
IV...................
2,816.9
2,869.6
2,915.9
2,975.3
2,851.6
2,882.2
2,904.4
2,970.4
2,839.0
2,890.6
2,937.5
2,997.3
2.4
7.7
6.6
8.4
0.3
4.4
3.1
9.4
18.766
18.802
18.851
18.900
18.376
18.398
18.447
18.489
18.743
18.785
18.843
18.908
18.723
18.765
18.824
18.890
0.5
0.8
1.0
1.0
0.4
0.5
1.1
0.9
0.9
0.9
1.2
1.4
0.9
0.9
1.3
1.4
1962:
I .....................
II....................
Ill...................
IV...................
3,028.7
3,062.1
3,090.4
3,097.9
3,006.7
3,057.9
3,081.6
3,102.9
3,050.5
3,086.0
3,114.6
3,125.4
7.4
4.5
3.7
1.0
5.0
7.0
3.1
2.8
19.009
19.057
19.108
19.175
18.585
18.643
18.691
18.760
19.020
19.047
19.092
19.152
19.002
19.029
19.074
19.135
2.3
1.0
1.1
1.4
2.1
1.3
1.0
1.5
2.4
0.6
0.9
1.3
2.4
0.6
0.9
1.3
1963:
I .....................
II ....................
Ill...................
IV...................
3,138.4
3,177.7
3,237.6
3,262.2
3,123.5
3,176.5
3,232.9
3,266.5
3,164.7
3,203.2
3,263.5
3,288.9
5.3
5.1
7.7
3.1
2.7
7.0
7.3
4.2
19.229
19.248
19.283
19.399
18.819
18.843
18.884
19.002
19.196
19.233
19.272
19.418
19.179
19.216
19.255
19.401
1.1
0.4
0.7
2.4
1.3
0.5
0.9
2.5
0.9
0.8
0.8
3.1
0.9
0.8
0.8
3.1
1964:
I .....................
II....................
Ill...................
IV...................
3,335.4
3,373.7
3,419.5
3,429.0
3,337.9
3,377.6
3,419.4
3,428.3
3,364.4
3,401.6
3,448.3
3,455.9
9.3
4.7
5.5
1.1
9.0
4.8
5.1
1.0
19.469
19.534
19.631
19.721
19.076
19.146
19.232
19.312
19.477
19.529
19.607
19.703
19.459
19.512
19.590
19.686
1.5
1.3
2.0
1.8
1.6
1.5
1.8
1.7
1.2
1.1
1.6
2.0
1.2
1.1
1.6
2.0
1965:
I .....................
II ...................
Ill...................
IV...................
3,513.3
3,560.9
3,633.2
3,720.8
3,482.6
3,545.5
3,612.1
3,710.2
3,543.6
3,592.2
3,662.4
3,747.6
10.2
5.5
8.4
10.0
6.5
7.4
7.7
11.3
19.805
19.893
19.980
20.103
19.380
19.466
19.557
19.691
19.801
19.887
19.960
20.088
19.785
19.871
19.944
20.073
1.7
1.8
1.8
2.5
1.4
1.8
1.9
2.8
2.0
1.7
1.5
2.6
2.0
1.8
1.5
2.6
1966:
I .....................
II....................
Ill...................
IV...................
3,812.2
3,824.9
3,850.0
3,881.2
3,772.1
3,789.2
3,820.7
3,831.5
3,839.9
3,852.6
3,877.2
3,909.5
10.2
1.3
2.7
3.3
6.8
1.8
3.4
1.1
20.227
20.418
20.608
20.790
19.801
19.990
20.163
20.329
20.218
20.391
20.601
20.791
20.203
20.375
20.585
20.775
2.5
3.8
3.8
3.6
2.3
3.9
3.5
3.3
2.6
3.5
4.2
3.7
2.6
3.4
4.2
3.7
1967:
I .....................
II....................
Ill...................
IV...................
3,915.4
3,916.2
3,947.5
3,977.6
3,870.3
3,911.6
3,931.6
3,966.4
3,943.4
3,943.5
3,977.4
4,006.7
3.6
0.1
3.2
3.1
4.1
4.3
2.1
3.6
20.892
21.020
21.212
21.445
20.410
20.535
20.725
20.948
20.886
20.997
21.203
21.438
20.870
20.981
21.187
21.421
2.0
2.5
3.7
4.5
1.6
2.5
3.8
4.4
1.8
2.1
4.0
4.5
1.8
2.1
4.0
4.5
1968:
I .....................
II....................
Ill...................
IV...................
4,059.5
4,128.5
4,156.7
4,174.7
4,049.4
4,090.1
4,148.7
4,175.1
4,089.4
4,158.9
4,188.1
4,205.9
8.5
7.0
2.8
1.7
8.6
4.1
5.9
2.6
21.676
21.918
22.130
22.437
21.173
21.395
21.618
21.919
21.672
21.899
22.115
22.426
21.656
21.883
22.099
22.409
4.4
4.5
3.9
5.7
4.4
4.3
4.2
5.7
4.4
4.3
4.0
5.7
4.5
4.3
4.0
5.7
1969:
I .....................
I I ....................
Ill...................
IV...................
4,240.5
4,252.8
4,279.7
4,259.6
4,218.2
4,239.0
4,260.9
4,261.7
4,271.7
4,283.0
4,308.6
4,288.5
6.5
1.2
2.6
-1.9
4.2
2.0
2.1
0.1
22.663
22.966
23.299
23.591
22.128
22.426
22.743
23.032
22.660
22.952
23.280
23.581
22.642
22.934
23.262
23.562
4.1
5.5
5.9
5.1
3.9
5.5
5.8
5.2
4.2
5.3
5.8
5.3
4.2
5.3
5.8
5.3
1970:
I .....................
II ....................
I ll...................
IV...................
4,252.9
4,260.7
4,298.6
4,253.0
4,273.3
4,265.1
4,303.3
4,295.3
4,282.5
4,291.2
4,328.7
4,280.7
-0.6
0.7
3.6
-4.2
1.1
-fl.8
3.6
-0.7
23.918
24.261
24.453
24.763
23.366
23.690
23.912
24.225
23.915
24.247
24.438
24.752
23.897
24.229
24.420
24.733
5.7
5.9
3.2
5.2
5.9
5.7
3.8
5.3
5.8
5.7
3.2
5.2
5.8
5.7
3.2
5.2
1971:
I .....................
II....................
I ll...................
IV...................
4,370.3
4,395.1
4,430.2
4,442.5
4,348.5
4,378.5
4,417.1
4,470.3
4,402.9
4,429.4
4,461.4
4,475.3
11.5
2.3
3.2
1.1
5.0
2.8
3.6
4.9
25.136
25.473
25.727
25.932
24.584
24.915
25.187
25.399
25.126
25.455
25.711
25.918
25.108
25.437
25.694
25.900
6.2
5.5
4.0
3.2
6.1
5.5
4.4
3.4
6.2
5.3
4.1
3.3
6.2
5.3
4.1
3.2
1972:
I .....................
II ....................
I ll...................
IV...................
4,521.9
4,629.1
4,673.5
4,750.5
4,532.4
4,607.7
4,649.2
4,757.4
4,556.1
4,662.9
4,710.0
4,786.8
7.3
9.8
3.9
6.8
5.7
6.8
3.7
9.6
26.356
26.508
26.751
27.064
25.797
25.974
26.229
26.536
26.319
26.475
26.731
27.083
26.301
26.457
26.713
27.067
6.7
2.3
3.7
4.8
6.4
2.8
4.0
4.8
6.3
2.4
3.9
5.4
6.3
2.4
3.9
5.4
1973:
I .....................
II....................
I ll...................
IV...................
4,872.0
4,928.4
4,902.1
4,948.8
4,861.7
4,885.5
4,891.6
4,897.2
4,913.7
4,972.8
4,953.7
5,000.8
10.6
4.7
-2.1
3.9
9.1
2.0
0.5
0.5
27.418
27.875
28.407
28.894
26.885
27.391
27.895
28.415
27.403
27.828
28.370
28.932
27.388
27.813
28.354
28.917
5.3
6.8
7.9
7.0
5.4
7.7
7.6
7.7
4.8
6.3
8.0
8.2
4.8
6.4
8.0
8.2
1974:
I .....................
II....................
I ll...................
IV...................
4,905.4
4,918.0
4,869.4
4,850.2
4,891.2
4,896.6
4,881.5
4,810.6
4,966.3
4,975.6
4,921.9
4,895.5
-3.5
1.0
-3.9
-1.6
-0.5
0.4
-1.2
-5.7
29.491
30.151
31.090
32.050
29.170
30.006
30.929
31.832
29.488
30.192
31.085
32.015
29.470
30.172
31.064
31.991
8.5
9.3
13.1
12.9
11.1
12.0
12.9
12.2
7.9
9.9
12.4
12.5
7.9
9.9
12.4
12.5
1975:
I .....................
II ....................
I ll...................
IV...................
4,791.2
4,827.8
4,909.1
4,973.3
4,848.2
4,897.9
4,941.9
5,000.3
4,829.3
4,866.2
4,950.6
5,022.6
-4.8
3.1
6.9
5.3
3.2
4.2
3.6
4.8
32.788
33.265
33.886
34.484
32.528
33.019
33.591
34.173
32.757
33.245
33.864
34.463
32.734
33.222
33.843
34.442
9.5
5.9
7.7
7.2
9.0
6.2
7.1
7.1
9.6
6.1
7.7
7.3
9.6
6.1
7.7
7.3
1976:
1.....................
II ....................
Ill...................
IV...................
5,086.3
5,124.6
5,149.7
5,187.1
5,069.4
5,086.5
5,118.0
5,189.5
5,134.3
5,174.4
5,200.0
5,238.6
9.4
3.0
2.0
2.9
5.6
1.4
2.5
5.7
34.871
35,238
35.710
36.322
34.560
34.934
35.437
36.019
34.837
35.208
35.686
36.331
34.818
35.190
35.670
36.315
4.6
4.3
5.5
7.0
4.6
4.4
5.9
6.7
4.4
4.3
5.5
7.4
4.4
4.3
5.6
7.4
December 2012
D-57
S u r v e y o f C u r r e n t B u s in e s s
Table C.1. GDP and Other Major NIPA Aggregates— Continues
[Quarterly estimates are seasonally adjusted at annual rates]
Billions of chained (2005) dollars
Year and Quarter
Gross
domestic
product
Final sales of
domestic
product
Gross
national
product
Percent change from
preceding period
Real gross
domestic
product
Chain-type price indexes
[2005=100]
Real final
sales of
domestic
product
Gross
domestic
product
Gross
domestic
purchases
Implicit price deflators
[2005=100]
Gross
domestic
product
Gross
national
product
Percent change from preceding period
Chain-type price index
Implicit price deflators
Gross
domestic
product
Gross
domestic
product
Gross
domestic
purchases
Gross
national
product
1977:
I....
11..
III.
IV.
5,247.3
5,351.6
5,447.3
5,446.1
5,238.2
5,322.4
5,378.4
5,422.3
5,306.1
5,409.2
5,504.3
5,496.9
4.7
8.2
7.4
-0.1
3.8
6.6
4.3
3.3
36.933
37.523
38.042
38.685
36.698
37.326
37.896
38.550
36.943
37.470
37.927
38.758
36.925
37.454
37.913
38.742
6.9
6.5
5.6
6.9
7.8
7.0
6.2
7.1
6.9
5.8
5.0
9.1
6.9
5.9
5.0
9.0
1978:
I...
11..
III.
IV.
5,464.7
5,679.7
5,735.4
5,811.3
5,429.2
5,644.6
5,696.4
5,769.5
5,523.4
5,728.7
5,788.8
5,872.6
1.4
16.7
4.0
5.4
0.5
16.8
3.7
5.2
39.324
40.082
40.776
41.607
39.178
39.934
40.627
41.404
39.326
40.050
40.716
41.575
39.309
40.035
40.701
41.560
6.8
7.9
7.1
8.4
6.7
7.9
7.1
7.9
6.0
7.6
6.8
8.7
6.0
7.6
6.8
8.7
1979:
I...
11..
III.
IV.
5,821.0
5,826.4
5,868.3
5,884.5
5,787.8
5,787.5
5,871.4
5,898.2
5,883.8
5,896.8
5,952.3
5,967.8
0.7
0.4
2.9
1.1
1.3
0.0
5.9
1.8
42.370
43.401
44.298
45.175
42.204
43.280
44.382
45.467
42.318
43.362
44.301
45.194
42.303
43.344
44.283
45.174
7.5
10.1
8.5
8.2
8.0
10.6
10.6
10.1
7.3
10.2
8.9
8.3
7.3
10.2
9.0
8.3
1980:
I...
11..
III.
IV.
5,903.4
5,782.4
5,771.7
5,878.4
5,909.6
5,793.8
5,869.3
5,921.8
5,988.3
5,860.9
5,845.6
5,938.6
1.3
-7.9
-0.7
7.6
0.8
-7.6
5.3
3.6
46.165
47.196
48.273
49.633
46.717
47.867
48.955
50.253
46.144
47.178
48.256
49.593
46.125
47.157
48.235
49.571
9.1
9.2
9.4
11.8
11.5
10.2
9.4
11.0
8.7
9.3
9.5
11.6
8.7
9.3
9.5
11.5
1981:
I...
11..
III.
IV.
6,000.6
5,952.7
6,025.0
5,950.0
5,950.9
5,962.7
5,969.6
5,934.4
6,064.8
6,013.2
6,089.3
6,022.1
8.6
-3.2
4.9
-4.9
2.0
0.8
0.5
-2.3
50.937
51.847
52.799
53.720
51.577
52.504
53.316
54.238
50.851
51.813
52.730
53.692
50.831
51.791
52.711
53.674
10.9
7.3
7.5
7.2
11.0
7.4
6.3
7.1
10.5
7.8
7.3
7.5
10.6
7.8
7.3
7.5
1982:
I...
11..
III.
IV.
5,852.3
5,884.0
5,861.4
5,866.0
5,917.7
5,915.2
5,876.5
5,963.5
5,920.6
5,960.6
5,926.3
5,928.6
-6.4
2.2
-1.5
0.3
-1.1
-0.2
-2.6
6.1
54.477
55.152
55.918
56.511
54.952
55.540
56.278
56.853
54.421
55.080
55.864
56.470
54.402
55.059
55.842
56.449
5.8
5.0
5.7
4.3
5.4
4.3
5.4
4.1
5.5
4.9
5.8
4.4
5.5
4.9
5.8
4.4
1983:
I...
11..
III.
IV.
5,938.9
6,072.4
6,192.2
6,320.2
6,026.5
6,111.8
6,225.2
6,307.0
6,000.8
6,138.3
6,259.3
6,389.9
5.1
9.3
8.1
8.5
4.3
5.8
7.6
5.4
56.995
57.411
57.997
58.416
57.205
57.599
58.161
58.496
56.929
57.345
57.929
58.355
56.909
57.328
57.913
58.340
3.5
3.0
4.1
2.9
2.5
2.8
4.0
2.3
3.3
3.0
4.1
3.0
3.3
3.0
4.1
3.0
1984:
I...
11..
III.
IV.
6,442.8
6,554.0
6,617.7
6,671.6
6,349.2
6,465.6
6,525.2
6,620.3
6,507.2
6,618.8
6,681.9
6,728.7
8.0
7.1
3.9
3.3
2.7
7.5
3.7
6.0
59.141
59.675
60.163
60.517
59.222
59.749
60.163
60.482
59.096
59.602
60.081
60.465
59.079
59.585
60.063
60.446
5.1
3.7
3.3
2.4
5.1
3.6
2.8
2.1
5.2
3.5
3.3
2.6
5.2
3.5
3.2
2.6
1985:
I...
11..
III.
IV.
6,734.5
6,791.5
6,897.6
6,950.0
6,732.5
6,783.8
6,894.0
6,922.1
6,780.0
6,840.0
6,937.6
6,994.5
3.8
3.4
6.4
3.1
7.0
3.1
6.7
1.7
61.209
61.524
61.816
62.195
61.060
61.408
61.730
62.221
61.136
61.483
61.736
62.140
61.114
61.467
61.729
62.131
4.7
2.1
1.9
2.5
3.9
2.3
2.1
3.2
4.5
2.3
1.7
2.6
4.5
2.3
1.7
2.6
1986:
I...
11..
III.
IV.
7,016.8
7,045.0
7,112.9
7,147.3
6,993.4
7,046.1
7,145.3
7,185.8
7,055.9
7,073.0
7,144.3
7,168.5
3.9
1.6
3.9
1.9
4.2
3.1
5.8
2.3
62.511
62.823
63.219
63.676
62.563
62.690
63.133
63.615
62.456
62.786
63.143
63.567
62.444
62.769
63.124
63.545
2.0
2.0
2.5
2.9
2.2
0.8
2.9
3.1
2.0
2.1
2.3
2.7
2.0
2.1
2.3
2.7
1987:
I...
11..
III.
IV.
7,186.9
7,263.3
7,326.3
7,451.7
7,166.6
7,262.2
7,348.9
7,382.0
7,210.9
7,293.5
7,355.6
7,483.8
2.2
4.3
3.5
7.0
-1.1
5.4
4.9
1.8
64.177
64.537
65.046
65.512
64.244
64.699
65.245
65.723
64.160
64.526
65.033
65.530
64.142
64.513
65.019
65.516
3.2
2.3
3.2
2.9
4.0
2.9
3.4
3.0
3.8
2.3
3.2
3.1
3.8
2.3
3.2
3.1
1988:
I...
11..
III.
IV.
7,490.2
7,586.4
7,625.6
7,727.4
7,491.1
7,581.4
7,617.4
7,715.3
7,530.3
7,623.1
7,658.6
7,763.7
2.1
5.2
2.1
5.5
6.0
4.9
1.9
5.2
66.039
66.675
67.466
68.010
66.276
66.910
67.536
68.138
66.068
66.689
67.442
67.953
66.053
66.674
67.426
67.940
3.3
3.9
4.8
3.3
3.4
3.9
3.8
3.6
3.3
3.8
4.6
3.1
3.3
3.8
4.6
3.1
1989:
I...
11..
III.
IV.
7,799.9
7,858.3
7,920.6
7,937.9
7,752.5
7,827.8
7,926.4
7,936.3
7,835.6
7,892.6
7,957.7
7,983.3
3.8
3.0
3.2
0.9
1.9
3.9
5.1
0.5
68.720
69.405
69.876
70.316
68.893
69.639
70.017
70.510
68.723
69.399
69.855
70.317
68.710
69.390
69.849
70.314
4.2
4.0
2.7
2.5
4.5
4.4
2.2
2.8
4.6
4.0
2.7
2.7
4.6
4.0
2.7
2.7
1990:
I...
11..
III.
IV.
8,020.8
8,052.7
8,052.6
7,982.0
8,022.4
8,025.9
8,041.7
8,013.2
8,063.5
8,096.6
8,089.6
8,050.1
4.2
1.6
0.0
-3.5
4.4
0.2
0.8
-1.4
71.170
71.997
72.666
73.265
71.465
72.130
72.946
73.863
71.166
71.993
72.655
73.239
71.164
71.987
72.651
73.239
4.9
4.7
3.8
3.3
5.5
3.8
4.6
5.1
4.9
4.7
3.7
3.3
4.9
4.7
3.7
3.3
1991:
I...
11..
III.
IV.
7,943.4
7,997.0
8,030.7
8,062.2
7,981.1
8,038.5
8,049.6
8,042.3
7,994.7
8,033.4
8,062.6
8,104.4
-1.9
2.7
1.7
1.6
-1.6
2.9
0.6
-0.4
74.049
74.567
75.131
75.557
74.371
74.707
75.198
75.642
74.026
74.553
75.133
75.569
74.025
74.551
75.127
75.562
4.3
2.8
3.1
2.3
2.8
1.8
2.7
2.4
4.4
2.9
3.1
2.3
4.4
2.9
3.1
2.3
1992:
I...
11..
III.
IV.
8,150.7
8,237.3
8,322.3
8,409.8
8,166.6
8,225.0
8,315.4
8,401.9
8,192.3
8,278.3
8,359.1
8,447.8
4.5
4.3
4.2
4.3
6.3
2.9
4.5
4.2
75.984
76.436
76.776
77.212
76.115
76.589
77.032
77.418
75.954
76.423
76.778
77.214
75.942
76.411
76.765
77.204
2.3
2.4
1.8
2.3
2.5
2.5
2.3
2.0
2.1
2.5
1.9
2.3
2.0
2.5
1.9
2.3
1993:
I...
11..
III.
IV.
8,425.3
8,479.2
8,523.8
8,636.4
8,396.4
8,466.8
8,533.2
8,635.4
8,472.8
8,518.0
8,570.1
8,663.0
0.7
2.6
2.1
5.4
-0.3
3.4
3.2
4.9
77.687
78.109
78.476
78.883
77.838
78.270
78.568
78.942
77.677
78.106
78.466
78.897
77.673
78.106
78.468
78.901
2.5
2.2
1.9
2.1
2.2
2.2
1.5
1.9
2.4
2.2
1.9
2.2
2.5
2.2
1.9
2.2
1994:
I...
II.
III
IV
8,720.5
8,839.8
8,896.7
8,995.5
8,681.6
8,754.7
8,849.6
8,920.7
8,755.9
8,870.0
8,924.0
9,022.1
4.0
5.6
2.6
4.5
2.2
3.4
4.4
3.2
79.318
79.701
80.149
80.572
79.331
79.761
80.312
80.713
79.311
79.689
80.163
80.576
79.314
79.692
80.164
80.578
2.2
1.9
2.3
2.1
2.0
2.2
2.8
2.0
2.1
1.9
2.4
2.1
2.1
1.9
2.4
2.1
National Data
D-58
December 2012
Table C.1. GDP and Other Major NIPA Aggregates—Table Ends
[Quarterly estimates are seasonally adjusted at annual rates]
Billions of chained (2005) dollars
Year and Quarter
Gross
domestic
product
Final sales of
domestic
product
Gross
national
product
Percent change from
preceding period
Real gross
domestic
product
Real final
sales of
domestic
product
Chain-type price indexes
[2005=100]
Gross
domestic
product
Gross
domestic
purchases
Implicit price deflators
[2005=100]
Gross
domestic
product
Gross
national
product
Percent change from preceding period
Chain-type price index
Implicit pric e deflators
Gross
domestic
product
Gross
domestic
product
Gross
domestic
purchases
Gross
national
product
V.
9,017.6
9,037.0
9,112.9
9,176.4
8,958.7
9,011.7
9,119.0
9,172.2
9,056.1
9,078.7
9,137.3
9,214.6
1.0
0.9
3.4
2.8
1.7
2.4
4.9
2.4
81.054
81.416
81.760
82.180
81.178
81.608
81.908
82.277
81.038
81.397
81.780
82.195
81.042
81.403
81.787
82.202
2.4
1.8
1.7
2.1
2.3
2.1
1.5
1.8
2.3
1.8
1.9
2.0
2.3
1.8
1.9
2.0
IL
V.
9,239.3
9,399.0
9,480.8
9,584.3
9,251.4
9,384.0
9,425.0
9,557.2
9,285.0
9,434.1
9,511.9
9,621.4
2.8
7.1
3.5
4.4
3.5
5.9
1.8
5.7
82.625
82.929
83.340
83.721
82.711
82.990
83.357
83.823
82.670
82.987
83.250
83.710
82.678
82.996
83.257
83.716
2.2
1.5
2.0
1.8
2.1
1.4
1.8
2.3
2.3
1.5
1.3
2.2
2.3
1.5
1.3
2.2
IL
V.
9,658.0
9,801.2
9,924.2
10,000.3
9,624.4
9,701.0
9,854.1
9,917.5
9,685.0
9,837.4
9,951.3
10,019.8
3.1
6.1
5.1
3.1
2.8
3.2
6.5
2.6
84.147
84.522
84.758
85.080
84.189
84.344
84.534
84.806
84.251
84.447
84.742
85.055
84.256
84.450
84.744
85.054
2.1
1.8
1.1
1.5
1.8
0.7
0.9
1.3
2.6
0.9
1.4
1.5
2.6
0.9
1.4
1.5
IL
V.
10,094.8
10,185.6
10,320.0
10,498.6
9,979.8
10,148.4
10,265.5
10,439.6
10,124.7
10,212.5
10,331.5
10,512.2
3.8
3.6
5.4
7.1
2.5
6.9
4.7
7.0
85.207
85.417
85.736
85.962
84.760
84.882
85.125
85.369
85.198
85.402
85.729
85.988
85.197
85.399
85.726
85.986
0.6
1.0
1.5
1.1
-0.2
0.6
1.2
1.2
0.7
1.0
1.5
1.2
0.7
1.0
1.5
1.2
IL
V.
10,592.1
10,674.9
10,810.7
11,004.8
10,508.3
10,639.1
10,770.5
10,908.1
10,619.0
10,707.5
10,839.7
11,045.6
3.6
3.2
5.2
7.4
2.7
5.1
5.0
5.2
86.326
86.689
86.993
87.350
85.706
86.172
86.581
87.048
86.371
86.675
86.998
87.305
86.368
86.673
86.996
87.303
1.7
1.7
1.4
1.7
1.6
2.2
1.9
2.2
1.8
1.4
1.5
1.4
1.8
1.4
1.5
1.4
IL
V.
11,033.6
11,248.8
11,258.3
11,325.0
11,018.2
11,148.4
11,196.8
11,268.5
11,069.2
11,288.1
11,292.8
11,386.8
1.1
8.0
0.3
2.4
4.1
4.8
1.7
2.6
88.015
88.462
88.984
89.435
87.852
88.227
88.791
89.278
88.000
88.446
88.979
89.447
87.997
88.442
88.977
89.444
3.1
2.0
2.4
2.0
3.7
1.7
2.6
2.2
3.2
2.0
2.4
2.1
3.2
2.0
2.4
2.1
IL
V.
11,287.8
11,361.7
11,330.4
11,370.0
11,325.6
11,375.7
11,364.1
11,462.6
11,333.9
11,416.9
11,360.3
11,468.8
-1.3
2.7
-1.1
1.4
2.0
1.8
-0.4
3.5
90.052
90.679
90.969
91.225
89.811
90.216
90.350
90.416
90.054
90.666
90.952
91.232
90.051
90.662
90.950
91.230
2.8
2.8
1.3
1.1
2.4
1.8
0.6
0.3
2.7
2.7
1.3
1.2
2.7
2.7
1.3
1.2
IL
V.
11,467.1
11,528.1
11,586.6
11,590.6
11,485.7
11,518.2
11,569.9
11,560.8
11,523.3
11,564.5
11,638.7
11,661.7
3.5
2.1
2.0
0.1
0.8
1.1
1.8
-0.3
91.555
91.958
92.361
92.894
90.725
91.305
91.698
92.265
91.555
91.965
92.363
92.894
91.551
91.960
92.356
92.887
1.5
1.8
1.8
2.3
1.4
2.6
1.7
2.5
1.4
1.8
1.7
2.3
1.4
1.8
1.7
2.3
IL
V.
11,638.9
11,737.5
11,930.7
12,038.6
11,609.6
11,742.6
11,928.6
12,001.1
11,694.9
11,808.1
12,000.8
12,136.0
1.7
3.4
6.7
3.7
1.7
4.7
6.5
2.5
93.548
93.819
94.337
94.833
93.152
93.214
93.744
94.225
93.543
93.815
94.337
94.818
93.538
93.810
94.332
94.814
2.8
1.2
2.2
2.1
3.9
0.3
2.3
2.1
2.8
1.2
2.2
2.1
2.8
1.2
2.2
2.1
IL
V.
12,117.9
12,195.9
12,286.7
12,387.2
12,066.5
12,118.4
12,224.2
12,316.1
12,234.0
12,285.1
12,386.7
12,460.7
2.7
2.6
3.0
3.3
2.2
1.7
3.5
3.0
95.640
96.455
97.163
97.876
95.168
96.016
96.782
97.693
95.643
96.450
97.149
97.874
95.639
96.448
97.146
97.872
3.4
3.5
3.0
3.0
4.1
3.6
3.2
3.8
3.5
3.4
2.9
3.0
3.5
3.4
2.9
3.0
IL
V.
12,515.0
12,570.7
12,670.5
12,735.6
12,424.1
12,555.2
12,658.5
12,654.2
12,623.4
12,667.7
12,776.9
12,812.4
4.2
1.8
3.2
2.1
3.6
4.3
3.3
-0.1
98.784
99.444
100.467
101.305
98.571
99.333
100.539
101.558
98.776
99.437
100.458
101.302
98.774
99.436
100.461
101.306
3.8
2.7
4.2
3.4
3.6
3.1
4.9
4.1
3.7
2.7
4.2
3.4
3.7
2.7
4.2
3.4
IL
V.
12,896.4
12,948.7
12,950.4
13,038.4
12,831.9
12,877.3
12,882.8
13,005.3
12,974.7
13,021.6
13,009.6
13,107.3
5.1
1.6
0.1
2.7
5.7
1.4
0.2
3.9
102.055
102.955
103.731
104.206
102.259
103.147
103.878
104.133
102.055
102.948
103.724
104.186
102.060
102.952
103.729
104.186
3.0
3.6
3.0
1.8
2.8
3.5
2.9
1.0
3.0
3.5
3.0
1.8
3.0
3.5
3.1
1.8
IL
V.
13,056.1
13,173.6
13,269.8
13,326.0
13,038.2
13,126.2
13,231.8
13,314.0
13,122.6
13,248.4
13,405.8
13,511.0
0.5
3.6
3.0
1.7
1.0
2.7
3.3
2.5
105.396
106.116
106.457
106.956
105.275
106.099
106.626
107.609
105.380
106.098
106.453
106.958
105.382
106.098
106.453
106.963
4.6
2.8
1.3
1.9
4.5
3.2
2.0
3.7
4.7
2.8
1.3
1.9
4.7
2.7
1.3
1.9
IL
V.
13,266.8
13,310.5
13,186.9
12,883.5
13,277.8
13,325.9
13,225.6
12,972.9
13,431.7
13,476.6
13,367.4
12,991.9
-1.8
1.3
-3.7
-8.9
-1.1
1.5
-3.0
-7.4
107.623
108.282
109.107
109.247
108.703
109.893
110.982
109.852
107.591
108.302
109.162
109.300
107.600
108.312
109.176
109.295
2.5
2.5
3.1
0.5
4.1
4.5
4.0
-4.0
2.4
2.7
3.2
0.5
2.4
2.7
3.2
0.4
Il”
V.
12,711.0
12,701.0
12,746.7
12,873.1
12,870.3
12,890.0
12,928.3
12,910.2
12,819.5
12,806.8
12,895.3
13,034.5
-5.3
-0.3
1.4
4.0
-3.1
0.6
1.2
-0.6
109.526
109.318
109.463
109.820
109.188
109.235
109.706
110.350
109.539
109.325
109.457
109.793
109.534
109.327
109.460
109.791
1.0
-0.8
0.5
1.3
-2.4
0.2
1.7
2.4
0.9
-0.8
0.5
1.2
0.9
-0.8
0.5
1.2
IL
V.
12,947.6
13,019.6
13,103.5
13,181.2
12,914.7
12,985.4
13,005.5
13,135.6
13,121.9
13,216.5
13,301.1
13,374.2
2.3
2.2
2.6
2.4
0.1
2.2
0.6
4.1
110.234
110.686
111.248
111.838
110.920
111.110
111.488
112.165
110.216
110.706
111.238
111.795
110.210
110.690
111.217
111.775
1.5
1.7
2.0
2.1
2.1
0.7
1.4
2.5
1.6
1.8
1.9
2.0
1.5
1.8
1.9
2.0
IL
V.
13,183.8
13,264.7
13,306.9
13,441.0
13,154.4
13,234.1
13,311.2
13,361.4
13,394.3
13,486.1
13,534.7
13,672.9
0.1
2.5
1.3
4.1
0.6
2.4
2.3
1.5
112.389
113.109
113.937
114.041
113.099
114.067
114.709
114.958
112.372
113.109
113.950
113.987
112.362
113.106
113.940
113.985
2.0
2.6
3.0
0.4
3.4
3.5
2.3
0.9
2.1
2.6
3.0
0.1
2.1
2.7
3.0
0.2
13,506.4
13,548.5
13,638.1
13,440.1
13,497.9
13,561.7
13,693.8
13,763.6
13,854.4
2.0
1.3
2.7
2.4
1.7
1.9
114.608
115.050
115.827
115.674
115.888
116.294
114.599
115.035
115.833
114.600
115.035
115.830
2.0
1.6
2.7
2.5
0.7
1.4
2.2
1.5
2.8
2.2
1.5
2.8
1995:
1996:
1997:
1998:
1999:
2000:
2001:
2002:
2003:
2004:
2005:
2007:
2008:
2009:
2010:
2011:
2012:
December 2012
D. C harts
All series are seasonally adjusted at annual rates. The percent changes in real gross domestic product are based on quarter-toquarter changes. The shaded areas mark the beginning and end of recessions as determined by the Business Cycle Dating Com
mittee of the National Bureau of Economic Research.
S E L E C T E D N IP A S E R IE S
T h ousan ds of chained (2005) dollars
U.S. Bureauof EconomicAnalysis
D-59
December 2012
National Data
D-60
SELECTED NIPA SERIES
Percent
Dec Nov
Nov
Mar
J a n JIyJ ly
Nov
Mar Nov
Jly Mar
Dec
Jun
SHARES OF
- 50
Personal current
- 40
30
-
20
10
P e rc e n t
Dec Nov
Nov
Mar
J a n JIyJ ly
Nov
Mar Nov
Jly Mar
Dec
Jun
SHARES O F FEDERAL G OVERNM ENT C URRENT EXPENDITURES
- 60
C urrent transfer payments
50
- 40
C onsum ption expenditures
30
-
20
Interest paym ents
10
P e rc e n t
Dec Nov
Nov
Mar
J a n JIyJ ly
Nov
Jly Mar
Mar Nov
Dec
Jun
RATI0, NET
Federal
-1 0 -
U.S. Bureauof Economic Analysis
— 10
December 2012
S urvey
of
D-61
C u r r e n t B u s in e s s
SELECTED NIPA SERIES
P e rc e n t
Dec Nov
Nov
Mar
J a n JIyJ ly
Nov
Jly Mar
Mar Nov
Dec
Jun
25
RATIO, SAVINGS TO GROSS NATIONAL INCOME
20 -
-
20
-
10
-
-5
-
60
-
50
-
40
-
30
Gross saving
15 -
' ■ v / ' . --N
N*
Gross business saving*
10 m
a ,
V
KB]
v
> . A * * '} V .
m
,A
v
w
t Personal saving
v- ,
^ v ,
...........
v
„
...........
Gross governm ent saving
-5 -
^Gross.saving less personal saving and gross governm ent savin
P e rc e n t
Dec Nov
Nov
Mar
Ja n JIyJ ly
Nov
Jly Mar
Mar Nov
Dec
Jun
Dec
Jun
25
RATIO, INVESTM ENT TO GROSS NATIONAL PRODUCT
. / - V
/
\
20
-
Gross dom estic investm ent plus balance on current account (NIPAs)
/V
Gross private domes
10 Gross governmen
Balance on current a<
-5
P e rc e n t
Dec Nov
Nov
Mar
J a n JIyJ ly
Nov
Mar Nov
Jly Mar
70
SHARES OF G ROSS PRIVATE DOMESTIC FIXED INVESTMENT
60 -
50
Nonresidential equipm ent and software
40 -
\
Residential investment
30
-------- ----------------S .
20 -
--------- k
.
Nonresidential structures
64
66
68
70
U.S. Bureau of Economic Analysis
72
74
76
78
80
82
84
86
\
\ A
<
/ \ w
- 20
D-62
National Data
December 2012
SELECTED NIPA SERIES
Supplements to wages
and salaries, 5.5%
Wage and salary
accruals, 56.2%
Wage and salary
accruals, 49.7%
Supplements to wages
and salaries, 12.0%
Proprietors’ income,
8.3%
Proprietors’ income, 9.9%
Rental income
of persons, 3.0%
Rental income
of persons, 3.2%
'Corporate profits, 14.5%
Corporate profits, 12.6%
Net interest and misc. payments, 2.9%
Taxes on production and imports, 9.5%
V / Net interest and misc. payments,
4.0%
Taxes on production and imports, 8.2%
SHARES OF GROSS DOMESTIC PRODUCT BY SECTOR
Business 75.4%
Business, 79.1
Households, 6.9%
Households, 6.2%
Nonprofit institutions serving
households, 2.5%
Nonprofit institutions
| serving households,
5.5%
General government,
federal, 4.0%
General government,
federal 6.1%
General government,
state and local, 8.2%
General government,
state and local 6.1%
SHARES OF GROSS DOMESTIC PURCHASES
Personal consumption
expenditures, 62.7%
Personal consumption
expenditures, 68.4% .
Private nonresidential
investment, 10.3%
Private residential
investment, 5.2%
Private nonresidential
investment, 10.1%
Private residential
investment, 2.2%
Federal government,
7.9%
Federal government,* 11.9%
State and local
government,* 11.5%
State and local government,* 9.9%
'Consumption expenditures and gross investment
.S. Bureauof Economic Analysis
December 2012
S E L E C T E D N IP A S E R IE S
S urvey
of
C u r r e n t B u s in e s s
D-63
D-64
December 2012
National Data
SELECTED NIPA SERIES
Dec Nov
Nov
Mar
Ja n JIyJ ly
Nov
Jly Mar
Mar Nov
Dec
Jun
PROFIT MARGIN, DO MESTIC NO NFINANCIAL CORPO RATIO NS'
16 Before tax
profits per unit to cost and profit per unit
Ratio
Dec Nov
Nov
Mar
J a n JIyJ ly
Nov
Jly Mar
Mar Nov
Dec
Jun
INVENTORY/----------- RATIOS, CURRENT DO LLAR'
Ratio of private nonfarm inventories to
final sales of goods and structures
Ratio of private inventories to
final sales of dom estic business
|„
Ratio of private nonfarm inventories to
final sales of dom estic business
'Based on curr<
R atio
Dec Nov
Nov
Mar
J a n JIyJ ly
Nov
Mar Nov
Jly Mar
j and sales
■dollar estim ates of
Dec
Jun
INVENTORY/SALES RATIOS, REAL*
Ratio of private nonfarm inventories to
final sales of goods and structures
Ratio of private inventories to
final sales of dom estic business
Ratio of private nonfarm inventories to
final sales of dom estic business
’ Based on chained (2005) dollar estim ates of inventories and sales
Bureauof Economic Analysis
December 2012
D-65
Industry Data
E. In d u stry Table
The statistics in this table were published in tables 3a and 5a in “Annual Industry Accounts: Revised Statistics for
2009-2011” in the December 2012 S u r v e y o f C u r r e n t B u s i n e s s .
Table E.1. Percent Changes in Chain-Type Quantity and Price Indexes for Value Added by Industry for 2009-2011
Chain-type
quantity indexes
Line
2009
Gross domestic product.............................................
-3.1
2 Private industries................................................................
1
2010
2.4
Chain-type
price indexes
2011
1.8
2009
2010
2011
0.9
1.3
2.1
2.7
2.0
0.8
-2.8 -13.6 -20.9
1.2
13.9
2.3
27.4
16.0
6.5
3b.O
2.1
3
4
b
Agriculture, forestry, fishing, and hunting...................
-3.8
13.0
Farm s..................................................................................
Forestry, fishing, and related activities...........................
15.5
3 ./
-b.O -1 / . / -24.9
3.8 -2.7
5.9
6
Mining...............................................................................
25.2
-9.2
0.0 -44.5
25.0
15.1
8
9
Oil and gas extraction........................................................
Mining, except oil and gas................................................
Support activities for mining.............................................
50.3 -20.0
-0.8
-1.0
-15.9
28.3
-4.1 -58.0
-0.7
1.8
15.8 -17.8
41.2
14.4
-9.3
16,5
15.0
10.6
12.9
-2.4
2.1
10
Utilities.............................................................................
-9.0
10.1
2.6
11
Construction....................................................................
-12.9
-1.2
-0.3
1.5
-2.5
1.5
12
13
14
15
16
17
18
19
20
21
22
23
24
2b
26
2/
28
29
30
31
3?
33
Manufacturing..
-9.2
6.9
2.5
4.1
-1.0
3.6
28
16 3 13 3
68
40
76
-16.7
12.3 -1.6
2.8
?.6
6.0
10.3 -5.3
-21.6
1.0 -42.0
3.3 -7.7
29.3
-24.7
9.4
6.0 14.6 -7.2
-23.3
14.0 13.3
13.3 -5.1
1.1 -3.2
-3.7
3.0
17.7
-20.7 -0.6
12.b
12.9 -4.1
-72.7 174.7 30.7 46.7 -13.4
-7.7 -1.5
6.6
5.9 -0.6
-26.0
4.4
6.0
11.9 -3.9
-3.3
4.8 -0.8
0.6
0.1
-0.4
0.4 -2.1
4.4
1.0
5.6
5.2 -1.4
16.4 -9.0
-22.5
5.4 -10.4
5.9 -1.4
-12.4
0.3 -1.7
1.9 -1.4
5.2 -13.4 -0.6
11.6
2.7
6?
2.4 -2.6
-16.2
0.4
-12.1
-7.7 -22.8
-3.1
28.3
5.1
0.2 - 0 5
8.6
0.8
1.3
3.4 -0.1
10.0 -3.0
-1.7
-7 9
-P.7
15.8
0.2
-1.0
-4.8
-1 ./
-9.6
1.1
0.3
0.1
9.8
-0.5
6.8
1.9
-0.7
-3 3
44.9
80
3.4
34
Wholesale trade...............................................................
-13.4
3.4
3.0
7.3
0.9
2.7
35
Retail trade.......................................................................
-1.9
7.0
0.2
1.7
-3.3
3.2
36
37
38
39
40
41
42
43
44
Transportation and warehousing..................................
-10.2
6.6
4.8
6.4
-0.1
1.1
Air transportation...............................................................
Rail transportation.............................................................
Water transportation..........................................................
Truck transportation...........................................................
Transit and ground passenger transportation................
Pipeline transportation......................................................
Other transportation and support activities....................
Warehousing and storage................................................
-6.8
-13.7
4.2
-13.5
-2.6
-25.6
-13.3
2.3
84
1.3
-5.8
8.6
-1.6
19.1
8.5
4.3
OR
5.2
26.0
4.2
-2.4
19.7
3.3
8.3
6.3
2.3
-6.4
8.5
8.1
10.6
8.5
1.4
45
46
4/
48
49
Information.......................................................................
-5.5
3.2
5.9
0.5
-1.9
-0.3
Publishing industries (includes software).......................
Motion picture and sound recording industries.............
Broadcasting and telecommunications..........................
Information and data processing services......................
-11.0
-4.2
-4.4
-1.4
10.3
3.0
0.2
4.3
3.6
1.7
8.0
4.1
2.5
1.1
-0.2
0.3
-3.7
0.0
-1.4
-2.4
-0.5
0.4
0.0
-1.6
Durable goods....................................................................
Wood products..............................................................
Nonmetallic mineral products......................................
Primary m etals..............................................................
Fabricated metal products............................................
M achinery......................................................................
Computer and electronic products..............................
Electrical equipment, appliances, and components
Motor vehicles, bodies and trailers, and parts...........
Other transportation equipment..................................
Furniture and related products....................................
Miscellaneous manufacturing......................................
Nondurable goods.............................................................
Food and beverage and tobacco products................
Textile mills and textile product mills...........................
Apparel and leather and allied products....................
Paper products..............................................................
Printing and related support activities........................
Petroleum and coal products.......................................
Chemical products........................................................
Plastics and rubber products.......................................
46
?8
2.5
8.3
5.3 -16.7
-4.0
0.9
3.7
4.0
9.2
2.5
0.0
O.b
-2.6 -3.2
1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social
Chain-type
quantity indexes
Line
2009
50
51
52
53
54
55
bb
b/
b8
2010
Chain-type
price indexes
2011
2009
2010
-0.3
-3.2
2.3
8.2
0.9
0.8
-1.0 -4.8
-6.1 -14.8
0.8
3.8
18.6
6.3
15.0
-1.5
2.6
25.9
-1.7
5.5
2.7
-4.1
1.4
-1.1
0.9
1.6
-1.3
0.8
Finance, insurance, real estate, rental, and leasing. ..
Finance and insurance...............................................
1.2
8.5
0.4
-2.2
0.3
-0.6
Federal Reserve banks, credit intermediation, and
related activities........................................................
Securities, commodity contracts, and investments...
Insurance carriers and related activities....................
Funds, trusts, and other financial vehicles................
6.9
39.9
8.1
-53.5
-4.1
6.0
-3.6
3.9
-2.8
2.0
0.9
-2.2
2.2
0.6
2011
Real estate.....................................................................
Rental and leasing services and lessors of intangible
assets........................................................................
-7.8
0.3
4.0
-II 9
05
1.4
59
60
61
62
63
Professional and business services.............................
Professional, scientific, and technical services.....
-5.8
-6.0
2.2
2.6
4.8
5.4
0.8
1.2
2.3
1.0
1.6
0.8
Legal services................................................................
Computer systems design and related services.......
Miscellaneous professional, scientific, and technical
services.....................................................................
-13.7
3.4
-2.2
7.8
-1.7
9.0
3.7
-1.0
3.9
-2.4
4.3
-0.7
-5.8
2.8
6.5
0.9
1.1
0.2
64
65
66
67
68
Management of companies and enterprises...........
Administrative and waste management services. ..
0.2
-9.0
-4.8
5.5
-0.5
6.9
-5.9
4.5
11.2
0.4
8.5
-0.7
Administrative and support services..........................
Waste management and remediation services.........
-9.7
-2.5
5.2
7.8
7.5
1.4
45
41
0?
?6
-1.1
2.5
Educational services, health care, and social
assistance...................................................................
Educational services..................................................
Health care and social assistance...........................
2.0
3.2
1.8
1.3
-1.8
1.7
1.7
1.2
1.8
4.1
7.1
3.7
2.3
3.9
2.0
1.6
3.5
1.3
Ambulatory health care services................................
Hospitals and nursing and residential care facilities
Social assistance..........................................................
1.3
2.5
1.9
4.3
-1.3
2.6
2.0
2.1
-1.0
3.3
4.3
?5
1.9
2.1
19
1.1
1.2
2.6
Arts, entertainment, recreation, accommodation, and
food services...............................................................
Arts, entertainment, and recreation.........................
-6.2
-3.3
6.4
6.2
5.4
5.5
4.3
2.1
-0.2
O.b
0.5
0.6
-1.7
-5.4
3.9
9.2
5.0
6.3
2.3
1.8
0.9
0.1
0.3
0.9
69
70
71
72
73
74
/b
/6
Performing arts, spectator sports, museums, and
related activities........................................................
//
Amusements, gambling, and recreation industries...
78
Accommodation and food services.........................
79
Accommodation............................................................
80
Food services and drinking places............................
81
Other services, except government.............................
82 Government.........................................................................
83
Federal................
84
General government.........................................................
85
Government enterprises..................................................
8fi
State and local................................................................
87
General government.........................................................
88
Government enterprises..................................................
-7.1
6.5
5.3
5.0
-0.5
0.5
-13.5
-4.6
10.5
5.2
9.1
4.0
-2.0
/.H
-2.8
0.3
0.5
0.5
-4.3
0.9
3.7
0.7
0.6
2.9
1.3
-0.7
-0.3
5.0
2.4
1.8
2.6
2.0
2.6
2.6
2.1
1.9
3.7
0.8
-4.6 -10.9
0.9
9.8
2.7
1.6
2.2
-1.0
-0.3
-0.4
-1.0
2.8
1.6
2.2
0.3
-8.7
-0.7
2.9
-1.2
1.3
2.1
12.1
1.8
-1.2
2.2
2.1
-5.7
-3.3
2.9
2.7
0.6
2.4
-4.6
2.3
1.8
1.0
5.6
1.5
-0.9
11.4
4.3
-0.8
-3.2
-2.2
5.9
-13.9
Addenda:
89
90
91
Private goods-producing industries 1..................................
Private services-producing industries 2..............................
Information-communications-technology-producing
industries3.........................................................................
assistance; arts, entertainment, recreation, accommodation, and food sen/ices; and other services, except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
December 2012
D-66
I n te r n a tio n a l D a ta
F. Transaction s Tables
Selected U.S. international transactions tables are presented in this section. For BEA’s full set o f detailed estimates o f U.S.
international transactions, visit BEA’s Web site at www.bea.gov.
Table F.1. U.S. International Transactions in Goods and Services
[Millions of dollars, monthly estimates seasonally adjusted]
2012
2011
2010
2011
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
March
April
May
June
July
Aug.
Sept. r
Oct. p
Exports of goods and services.......................................... 1,842,485 2,103,367 180,629 178,742 176,710 177,751 178,802 180,348 184,867 182,649 183,290 185,728 183,498 181,694 187,327 180,512
Goods................................................................................ 1,288,882 1,497,406 129,053 127,920 126,385 127,862 127,952 128,412 132,159 130,557 130,771 132,787 130,721 128,726 133,948 127,472
Foods, feeds, and beverages...........................................
Industrial supplies and materials.....................................
Capital goods, except autom otive...................................
Automotive vehicles, parts, and engines........................
Consumer goods (nonfood), except automotive............
Other goods........................................................................
Adjustments 1.....................................................................
107,705
391,539
447,504
111,989
165,186
54,341
10,619
126,220
500,342
492,988
133,116
174,957
52,809
16,974
10,441
44,305
41,799
11,413
15,182
4,366
1,547
10,363
42,932
42,400
11,388
14,756
4,857
1,224
10,308
42,081
42,231
11,262
14,916
4,439
1,149
10,471
42,759
42,185
11,756
14,841
4,766
1,083
10,438
41,762
43,170
12,473
14,440
4,244
1,425
9,823
42,112
43,328
12,075
14,777
4,764
1,531
10,210
43,894
44,634
11,915
14,874
5,262
1,371
10,908
42,895
43,175
12,339
15,084
4,610
1,546
11,815
42,023
43,854
12,234
14,907
4,807
1,130
11,014
42,571
44,179
12,930
15,773
5,055
1,267
12,852
40,193
44,104
12,303
15,346
4,474
1,449
11,787
38,997
44,503
12,217
14,921
4,813
1,490
12,926
42,407
44,909
11,928
15,410
4,933
1,435
11,493
39,552
43,042
11,558
15,336
5,124
1,366
Services............................................................................
553,603
605,961
51,576
50,822
50,325
49,890
50,849
51,936
52,708
52,093
52,520
52,941
52,777
52,968
53,379
53,040
Travel................
Passenger fares
Other transportation..........................................................
Royalties and license fees................................................
Other private services.......................................................
Transfers under U.S. military agency sales contracts2
U.S. government miscellaneous services.......................
103,481
30,983
40,817
107,165
255,293
14,752
1,112
116,115
36,631
43,064
120,836
270,193
17,946
1,176
10,110
3,285
3,695
10,276
22,543
1,564
104
9,964
3,154
3,628
10,082
22,357
1,538
99
9,765
3,103
3,631
9,958
22,236
1,535
97
9,525
3,030
3,568
9,994
22,143
1,542
88
9,863
3,126
3,532
10,044
22,688
1,489
107
10,357
3,254
3,611
10,167
22,968
1,469
110
10,680
3,354
3,720
10,218
23,177
1,448
111
10,597
3,310
3,620
10,047
23,000
1,414
105
10,726
3,377
3,647
9,970
23,284
1,411
104
10,959
3,502
3,681
9,977
23,275
1,442
105
10,799
3,349
3,597
10,050
23,339
1,533
110
10,768
3,321
3,583
10,145
23,487
1,553
110
11,005
3,333
3,550
10,224
23,599
1,558
110
10,708
3,177
3,525
10,190
23,824
1,507
109
Imports of goods and services.......................................... 2,337,222 2,663,247 225,096 224,445 225,545 229,499 231,011 224,855 236,514 232,296 230,220 226,574 225,128 224,275 227,604 222,752
Goods..............................
1,934,006 2,235,819 188,575 188,446 189,678 193,297 194,776 188,424 199,621 195,799 193,886 190,164 188,436 187,586 191,272 186,626
Foods, feeds, and beverages...........................................
Industrial supplies and materials.....................................
Capital goods, except automotive...................................
Automotive vehicles, parts, and engines........................
Consumer goods (nonfood), except automotive............
Other goods........................................................................
Adjustments 1.....................................................................
91,743
602,546
449,292
225,093
483,214
61,272
20,846
107,460
755,807
510,737
254,609
514,061
65,150
27,995
9,146
63,902
42,965
22,371
42,312
5,348
2,533
9,425
62,237
43,727
21,797
43,376
5,323
2,561
9,321
63,495
43,586
22,574
42,653
5,787
2,262
9,233
64,775
44,870
23,208
43,357
5,630
2,224
9,592
65,351
44,529
24,167
43,057
5,785
2,295
8,997
61,992
44,615
24,609
40,265
5,882
2,063
9,188
65,708
47,771
24,579
43,835
6,372
2,168
9,209
65,161
45,817
24,266
43,496
5,864
1,986
9,134
61,472
47,200
24,756
43,240
6,142
1,943
8,985
59,097
45,977
25,456
42,446
6,228
1,975
9,098
57,160
45,406
26,200
42,899
5,811
1,863
9,176
58,664
44,867
25,316
41,618
5,961
1,983
9,271
59,708
45,454
24,429
44,238
6,136
2,035
8,851
60,105
45,065
23,973
40,599
5,877
2,157
Services.............................................................................
403,216
427,428
36,521
35,999
35,867
36,202
36,235
36,431
36,893
36,497
36,334
36,410
36,692
36,689
36,332
36,126
Travel.................
Passenger fares
Other transportation
Royalties and license fees................................................
Other private services.......................................................
Direct defense expenditures 2..........................................
U.S. government miscellaneous services.......................
75,510
27,256
51,258
33,434
180,586
30,391
4,781
78,651
31,109
54,711
36,620
191,973
29,510
4,854
6,666
2,688
4,551
3,201
16,559
2,424
432
6,615
2,606
4,558
3,211
16,225
2,372
413
6,538
2,636
4,563
3,214
16,160
2,348
408
6,718
2,681
4,648
3,228
16,191
2,332
404
6,834
2,865
4,672
3,253
15,942
2,292
377
7,111
3,012
4,437
3,291
15,933
2,277
370
7,283
3,059
4,607
3,316
15,990
2,270
368
7,141
2,986
4,634
3,342
15,768
2,260
367
7,127
2,872
4,589
3,365
15,770
2,243
367
7,119
2,963
4,585
3,376
15,773
2,223
370
7,000
2,862
4,697
3,691
15,876
2,183
382
6,800
2,752
4,525
4,131
15,930
2,167
384
6,937
2,807
4,619
3,427
16,001
2,158
383
6,801
2,731
4,544
3,433
16,080
2,157
380
Memoranda:
Balance on goods................................................................... -645,124 -738,413 -59,522 -60,526 -63,293 -65,436 -66,824 -60,012 -67,462 -65,243 -63,116 -57,377 -57,715 -58,859 -57,324 -59,154
14,614
Balance on services...............................................................
150,387 178,533
15,056
14,823 14,458
13,688
15,505
15,815
15,596
16,186
16,532
16,085
16,279 17,047
16,914
Balance on goods and services........................................... -494,737 -559,880 -44,467 -45,703 -48,835 -51,748 -52,209 -44,507 -51,647 -49,647 -46,930 -40,846 -41,630 -42,581 -40,277 -42,240
p Preliminary
to prepare the international and national accounts,
r Revised
2. Contains goods that cannot be separately identified.
1. Reflects adjustments necessary to bring Census Bureau data in line with the concepts and definitions used by BEA
Source: U.S. Bureau of Economic Analysis and U.S. Census Bureau.
December
2012
S urvey
of
D-67
C u r r e n t B u s in e s s
Table F.2. U.S. International Transactions
[M illions of dollars]
Not seasonally adjusted
Line
(Credits +; debits - )
2011
I
Current account
1 Exports of goods and services and income receipts.....................................
2
Exports of goods and services............................................................................
3
Goods, balance of payments basis.................................................................
4
Services..........................................................................................................
5
Transfers under U.S. military agency sales contracts................................
6
Travel..........................................................................................................
7
Passenger fares.........................................................................................
8
Other transportation...................................................................................
Royalties and license fees..........................................................................
9
Other private services................................................................................
10
11
U.S. government miscellaneous services...................................................
12
Income receipts..........................................
13
Income receipts on U.S.-owned assets abroad..............................................
14
Direct investment receipts................
15
Other private receipts.......................
U.S. government receipts.................
16
Compensation of employees................
17
18 Imports of goods and services and income payments..................................
Imports of goods and sen/ices ......................................................................
19
20
Goods, balance of payments basis.................................................................
Services...................................
21
22
Direct defense expenditures.
Travel..........................................................................................................
23
Passenger fares
24
Other transportation.
25
26
Royalties and license fees..........................................................................
27
Other private services
U.S. government miscellaneous services..................................................
28
Income payments................................................................................................
29
30
Income payments on foreign-owned assets in the United States..................
Direct investment payments.......................................................................
31
32
Other private payments..............................................................................
U.S. government payments........................................................................
33
Compensation of employees..........................................................................
34
35 Unilateral current transfers, net
36
U.S. government grants.. „
37
U.S. government pensions and other transfers...................................................
38
Private remittances and other transfers..............................................................
Seasonally adjusted
2011
II
2012
III
IV
II
Ir
2012
2011
p
I
II
III
IV
II
Ir
p
2,847,988
680,519
717,466
728,410
721,593
722,503
739,734
689,593
713,499
724,800
720,095
728,724
737,144
2,103,367
1,497,406
605,961
17,946
116,115
36,631
43,064
120,836
270,193
1,176
744,621
738,810
480,238
256,649
1,923
5,811
500,640
356,161
144,480
4,122
23,656
7,870
10,308
28,719
69,487
317
179,878
178,425
117,784
60,262
379
1,453
524,553
375,554
148,999
4,545
30,033
8,778
10,821
30,410
64,145
267
192,913
191,461
126,836
64,123
502
1,452
539,773
378,454
161,319
4,664
35,289
10,843
11,025
30,207
68,982
309
188,637
187,182
120,297
66,361
524
1,455
538,401
387,237
151,164
4,615
27,137
9,139
10,910
31,500
67,578
284
183,192
181,742
115,321
65,903
518
1,450
538,595
385,722
152,873
4,406
27,179
9,204
10,699
29,675
71,382
327
183,908
182,429
115,660
66,146
624
1,479
550,509
396,218
154,291
4,253
32,301
9,577
11,044
30,991
65,805
320
189,225
187,741
117,439
69,803
499
1,484
508,811
360,917
147,894
4,122
27,407
8,374
10,520
29,405
67,749
317
180,781
179,328
118,621
60,262
445
1,453
524,000
372,160
151,839
4,545
29,260
9,080
10,760
30,343
67,585
267
189,499
188,047
123,417
64,123
506
1,452
537,351
382,161
155,190
4,664
30,194
9,889
10,956
31,055
68,123
309
187,449
185,994
119,106
66,361
527
1,455
533,204
382,167
151,037
4,615
29,254
9,287
10,827
30,033
66,736
284
186,891
185,441
119,094
65,903
444
1,450
544,016
388,523
155,493
4,406
30,900
9,734
10,863
30,429
68,833
327
184,708
183,230
116,321
66,146
763
1,479
551,065
394,110
156,956
4,253
31,264
9,776
10,931
30,935
69,476
320
186,079
184,595
114,293
69,803
499
1,484
-3,180,861 -739,734 -809,659 -824,058 -807,410 -796,209 -830,884 -774,367 -798,839 -801,143 -806,512 -829,657 -820,965
-2,663,247
-2,235,819
-427,428
-29,510
-78,651
-31,109
-54,711
-36,620
-191,973
-4,854
-517,614
-503,796
-158,559
-212,506
-132,731
-13,817
-614,331
-515,612
-98,719
-7,570
-16,469
-7,204
-13,110
-8,941
-44,219
-1,207
-125,403
-122,119
-37,147
-51,501
-33,471
-3,284
-675,081
-566,031
-109,050
-7,545
-22,193
-8,241
-13,634
-6,451
-47,848
-1,138
-134,578
-131,175
-45,195
-53,193
-32,787
-3,403
-133,053
-36,103
-47,350
-8,947
-76,756
-11,136
-1,892
-23,074
-1,212
-29
-693,354
-580,607
-112,747
-7,343
-22,808
-8,229
-14,148
-9,274
-49,661
-1,284
-130,703
-127,193
-39,946
-54,157
-33,090
-3,510
-680,481
-573,569
-106,912
-7,052
-17,181
-7,435
-13,819
-9,955
-50,246
-1,225
-126,929
-123,310
-36,272
-53,655
-33,383
-3,620
-662,714
-558,734
-103,980
-6,838
-18,430
-8,263
-13,337
-9,856
-46,140
-1,115
-133,496
-130,262
-41,962
-55,396
-32,904
-3,233
-699,163
-585,562
-113,601
-6,850
-24,034
-9,446
-13,837
-9,955
-48,336
-1,143
-131,721
-128,398
-39,144
-56,528
-32,726
-3,322
-646,036
-542,276
-103,761
-7,570
-19,257
-7,542
-13,439
-8,921
-45,825
-1,207
-128,330
-124,863
-39,891
-51,501
-33,471
-3,467
-665,549
-559,344
-106,205
-7,545
-19,628
-7,698
-13,736
-8,543
-47,916
-1,138
-133,290
-129,835
-43,855
-53,193
-32,787
-3,455
-672,173
-562,778
-109,395
-7,343
-19,895
-7,946
-13,767
-9,503
-49,656
-1,284
-128,971
-125,508
-38,261
-54,157
-33,090
-3,463
-679,489
-571,421
-108,068
-7,052
-19,871
-7,923
-13,769
-9,652
-48,576
-1,225
-127,022
-123,590
-36,552
-53,655
-33,383
-3,433
-692,380
-582,821
-109,559
-6,838
-21,228
-8,936
-13,716
-9,859
-47,866
-1,115
-137,277
-133,885
-45,585
-55,396
-32,904
-3,392
-690,386
-579,899
-110,487
-6,850
-21,387
-8,821
-13,842
-10,040
-48,404
-1,143
-130,578
-127,173
-37,919
-56,528
-32,726
-3,406
-32,291
-32,525
-32,135
-33,271
-32,049
-33,777
-11,176
-2,833
-18,516
-11,551
-2,542
-18,042
-11,910
-1,864
-19,497
-11,657
-1,920
-18,472
-35,223
-13,486
-1,680
-17,125
-11,136
-2,202
-21,884
-13,486
-2,227
-18,064
-31,815
-32,240
-32,692
-33,586
-11,176
-2,250
-18,389
-11,551
-2,269
-18,419
-11,910
-2,541
-18,241
-11,657
-2,574
-19,355
-829
-300
-55
-1
n.a.
-29
-829
-300
-55
-1
n.a.
-796 -103,788
1,743
98,207
197,665 -372,944
7,418
-91,896
-26,231
106,549
206,800
-1,912
-1,233
-4,079
0
0
0
-11
-27
-23
-1,078
-3,909
-1,768
-144
-121
-143
-1,137 -100,624
51,076
-2,631
-1,396
-2,267
352
812
653
53,356
-553 -99,010
56,706
-86,679
76,305
-70,323 -111,208 -116,094
3,604
^0,110
35,980
9,326
65,122 -49,183
218,379
14,428
86,411
-3,289
0
-10
-3,179
-100
16,725
-2,393
630
18,489
193,364
-79,229
5,537
396
266,660
Capital account
39 Capital account transactions, net...................................................................
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives (increase/
financial outflow (-))...................................................................................
41
U.S. official reserve assets..................................................................................
42
Gold...................................................................
Special drawing rights........................................
43
44
Reserve position in the International Monetary Fund....................................
Foreign currencies............................................
45
46
U.S. government assets, other than official reserve assets...............................
47
U.S. credits and other long-term assets...........
48
Repayments on U.S. credits and other long-term assets..............................
49
U.S. foreign currency holdings and U.S. short-term assets...........................
U.S. private assets..............................................................................................
50
Direct investment............................................................................................
51
Foreign securities...........................................................................................
52
53
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns
54
U.S. claims reported by U.S. banks and securities brokers...........................
55 Foreign-owned assets in the United States, excluding financial derivatives
56
57
58
59
60
61
62
63
64
65
66
67
68
-483,653 -380,812
-15,877
-6,267
-3,619
0
0
0
1,752
1,961
-159
-18,079
-5,974
-6,428
-134
450
848
-547
-103,666
-1,358
-7,307
-1,307
-2,337
3,333
610
1,259
-99,692
150
-279
6,829
-364,110 -376,646
-419,332 -112,272 -141,610
-146,797 -85,472 -57,195
-11,608 -92,203
6,147
213,627 -86,699
199,487
-4,079
-1,912
-1,233
0
0
0
-11
-27
-23
-3,909
-1,078
-1,768
-144
-143
-121
-1,137 -100,624
51,076
-1,396
-2,267
-2,631
352
812
653
53,356
-553 -99,010
48,364
-98,572
104,279
-82,216 -83,234 -124,436
3,604
—40,110
35,980
9,326
65,122 -49,183
14,428
86,411
218,379
(increase/financial inflow (+))......................................................................
1,000,990
579,846
101,000
271,532
48,612
60,760 -114,724
578,972
98,554
266,397
57,067
59,564 -118,727
Foreign official assets in the United States.........................................................
U.S. government securities.............................................................................
U.S. Treasury securities..............................................................................
Other......................
Other U.S. government liabilities....................................................................
U.S. liabilities reported by U.S. banks and securities brokers........................
Other foreign official assets............................................................................
Other foreign assets in the United States...........................................................
Direct investment............................................................................................
U.S. Treasury securities........................
U.S. securities other than U.S. Treasury securities........................................
U.S. currency........................................
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns.......................................................................................".............
U.S. liabilities reported by U.S. banks and securities brokers........................
211,826
158,735
171,179
-12,444
9,063
30,010
14,018
789,164
233,988
240,878
-56,442
54,996
72,974
67,719
56,274
11,445
2,714
-3,090
5,631
506,872
34,239
55,054
4,338
12,576
121,822
97,184
104,363
-7,179
2,236
15,764
6,638
-20,822
63,727
-17,613
-5,108
13,989
19,889
11,249
28,115
-16,866
2,287
5,121
1,232
251,643
68,357
120,918
-20,396
9,614
-2,859
-17,417
-17,573
156
1,826
12,215
517
51,471
67,665
82,519
-35,276
18,817
69,711
83,010
85,431
70,725
85,068
84,870
363 -14,145
2,833
2,682
5,982
-19,305
752
3,621
-8,951 -197,734
23,398
37,482
43,834
7,365
3,654 -43,174
18,057
7,116
72,974
67,719
56,274
11,445
2,714
-3,090
5,631
505,998
33,365
55,054
4,338
12,576
121,822
97,184
104,363
-7,179
2,236
15,764
6,638
-23,268
61,281
-17,613
-5,108
13,989
19,889
11,249
28,115
-16,866
2,287
5,121
1,232
246,508
63,222
120,918
-20,396
9,614
-2,859
-17,417
-17,573
156
1,826
12,215
517
59,926
76,120
82,519
-35,276
18,817
69,711
83,010
85,431
70,725
85,068
84,870
363 -14,145
2,682
2,833
-19,305
5,982
752
3,621
-10,147 -201,737
33,479
22,202
43,834
7,365
3,654 -43,174
18,057
7,116
6,567
309,177
40,688
25,538
359,977 -101,355
-19,670
92,820
24,212
-8,754
-39,989
-42,265 -122,106 -197,769
40,688
25,538
359,977 -101,355
-19,670
92,820
-39,989
-42,265
24,212
-8,754
-122,106 -197,769
2,927
-88,930
-3,949
-62,094
32,613
55,263
69
70 Financial derivatives, net................................................................................
71 Statistical discrepancy (sum of above items with sign reversed)..................
71a
Of which: Seasonal adjustment discrepancy......................................................
39,010
2,927
-89,208 -106,614
7,419
17,689
-3,949
-35,323
32,613
35,040
-1,396
-50,592
-3,289
-3,619
-6,267
0
0
0
-10
1,961
-159
-3,179
-6,428
-5,974
-100
848
-134
16,725
-547
-1,358
-1,307
-2,393
-2,337
630
610
1,259
18,489
150
-279
184,229 -368,778
15,042
-88,364 -104,404 -133,397
5,537 -85,472 -57,195
6,147
396 -92,203
266,660 -86,699
199,487
464
1 39,794
17,684
7,419
6,555
-11,134
-26,771
20,223
-1,396
-31,092
19,501
464
1 28,870
-10,924
Memoranda:
72
73
74
75
76
77
Balance on goods (lines 3 and 20)..........................................................................
Balance on sen/ices (lines 4 and 2 1)......................................................................
Balance on goods and services (lines 2 and 19).....................................................
Balance on income (lines 12 and 29)......................................................................
Unilateral current transfers, net (line 35).................................................................
Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)..............
p Preliminary
r Revised
1. Calculated excluding financial derivatives, net (line 70).
-738,413 -159,451 -190,477 -202,153 -186,332 -173,012 -189,344 -181,358 -187,184 -180,617 -189,254 -194,298 -185,790
178,533
48,571
45,934
46,469
45,760
39,949
44,252
48,893
40,690
44,133
45,634
42,969
45,795
-559,880 -113,691 -150,528 -153,581 -142,080 -124,119 -148,654 -137,225 -141,549 -134,822 -146,286 -148,364 -139,321
227,007
54,475
58,335
57,934
56,263
50,412
57,504
52,451
56,209
58,478
59,869
47,431
55,500
-32,049 -35,223 -33,777 -31,815 -32,240 -32,692 -33,586
-133,053 -36,103 -32,291
-32,525 -32,135 -33,271
-465,926 -95,318 -124,484 -128,172 -117,952 -106,978 -123,199 -119,997 -119,117 -108,158 -118,656 -133,624 -117,407
D-68
International Data
December 2012
Table F.3. U.S. International Transactions, by Area— Continues
[Millions of dollars]
European Union
Europe
Line
Euro area
United Kingdom
(Credits +; debits -)
2012:1r
2012:11
p
2012:1 r
2012:11
2012:1 '
p
2012:11
p
2012:1 r
2012:11
p
Current account
1 Exports of goods and services and income receipts.....................................
2
Exports of goods and services............................................................................
3
Goods, balance of payments basis.................................................................
4
Services..........................................................................................................
5
Transfers under U.S. military agency sales contracts................................
6
Travel..............................................................................
7
Passenger fares.........................................................................................
Other transportation...................................................................................
8
9
Royalties and license fees..........................................................................
10
Other private services................................................................................
11
U.S. government miscellaneous services...................................................
12
Income receipts....................
13
Income receipts on U.S.-owned assets abroad..............................................
14
Direct investment receipts..........................................................................
15
Other private receipts...
16
U.S. government receipts...........................................................................
17
Compensation of employees..........................................................................
18 Imports of goods and services and income payments..................................
19
Imports of goods and services............................................................................
20
Goods, balance of payments basis.................................................................
21
Services..........................................................................................................
22
Direct defense expenditures.......................................................................
23
Travel..............
24
Passenger fares.........................................................................................
25
Other transportation...................................................................................
26
Royalties and license fees..........................................................................
27
Other private services................................................................................
28
U.S. government miscellaneous services...................................................
29
Income payments ...........................................................................................
30
Income payments on foreign-owned assets in the United States..................
31
Direct investment payments.......................................................................
32
Other private payments..............................................................................
33
U.S. government payments........................................................................
34
Compensation of employees..........................................................................
35 Unilateral current transfers, net
36
U.S. government grants.......................................................................................
37
U.S. government pensions and other transfers...................................................
38
Private remittances and other transfers..............................................................
222,838
228,338
183,858
189,669
125,508
130,631
47,281
47,386
142,184
87,682
54,501
417
6,263
2,298
4,320
14,470
26,650
84
80,654
80,518
53,530
26,706
281
136
145,462
86,577
58,885
391
9,593
3,024
4,269
15,043
26,466
98
82,876
82,737
55,016
27,566
155
139
115,181
69,730
45,451
210
5,513
2,035
3,730
11,971
21,923
70
68,677
68,575
44,950
23,366
259
102
119,188
69,669
49,519
178
8,552
2,698
3,680
12,444
21,884
83
70,480
70,376
46,211
24,023
142
105
78,336
49,682
28,655
119
3,185
1,150
2,081
9,232
12,839
48
47,171
47,122
34,908
11,689
525
49
82,327
51,380
30,948
96
4,834
1,506
2,055
9,585
12,812
59
48,304
48,255
36,033
12,080
142
50
28,351
15,502
12,849
38
1,701
662
960
2,123
7,349
16
18,930
18,902
8,693
10,203
6
28
28,366
13,936
14,431
35
2,793
931
984
2,217
7,452
19
19,020
18,991
8,601
10,385
5
29
-218,185
-229,292
-181,908
-190,151
-126,121
-133,955
-42,860
-41,605
-153,112
-112,101
-41,011
-2,856
-3,892
-2,740
-5,518
-6,038
-19,482
-485
-65,074
-64,831
-28,796
-29,663
-6,372
-243
-165,058
-115,955
-49,103
-2,897
-8,495
-4,470
-5,824
-6,091
-20,828
-498
-64,234
-64,016
-27,685
-29,995
-6,336
-218
-126,987
-93,508
-33,479
-2,582
-3,469
-2,503
-4,413
-4,630
-15,543
-339
-54,922
-54,768
-24,515
-26,088
-4,165
-153
-137,579
-96,841
-40,738
-2,626
-7,587
-4,065
-4,650
-4,673
-16,796
-342
-52,572
-52,433
-22,053
-26,296
-4,084
-139
-92,267
-71,916
-20,351
-2,290
-2,465
-1,475
-2,633
-3,272
-7,929
-287
-33,853
-33,791
-15,224
-15,914
-2,653
-62
-99,608
-74,651
-24,957
-2,333
-5,337
-2,615
-2,706
-3,313
-8,362
-291
-34,347
-34,299
-15,505
-16,220
-2,574
-48
-24,160
-13,629
-10,531
-280
-834
-928
-760
-915
-6,790
-24
-18,700
-18,643
-8,199
-9,378
-1,066
-57
-25,889
-13,684
-12,205
-268
-1,726
-1,250
-832
-917
-7,187
-25
-15,716
-15,657
-5,307
-9,256
-1,094
-59
-2,967
-2,720
-482
-414
-176
-120
-83
-139
-638
-525
-1,804
-652
-539
-1,529
-70
-489
77
-33
-502
121
-11
-353
188
-8
-362
250
(*)
-78
-5
0
-80
-59
39 Capital account transactions, net...................................................................
0
n.a.
0
n.a.
0
n.a.
0
n.a.
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives (increase/
financial outflow (-))...................................................................................
52,106
42,437
37,642
30,580
14,949
-21,545
25,425
35,368
-130
0
-86
0
-120
0
-84
0
-119
0
-84
0
0
0
0
0
-130
52,774
-127
64
52,838
-538
-69,579
30,368
-40,232
78,905
-86
4,942
-155
50
5,047
37,580
-35,261
-21,462
14,687
79,616
-120
52,354
-118
32
52,440
-14,591
-57,151
17,562
-41,123
66,121
-84
4,946
-107
6
5,047
25,717
-31,661
-25,008
14,668
67,718
-119
52,427
-42
31
52,438
-37,359
-34,853
-4,765
387
1,872
-84
4,946
-107
6
5,047
-26,407
-28,505
-1,104
1,758
1,444
-70
-71
0
1
25,495
-20,756
24,339
-43,764
65,676
-2
0
0
-2
35,370
-3,127
-28,376
10,082
56,791
(increase/financial inflow (+))......................................................................
-66,118
-155,957
-67,792
-189,935
-54,016
3,657
-17,666
-185,134
Foreign official assets in the United States.........................................................
U.S. government securities...........
U.S. Treasury securities............
Other........................................
Other U.S. government liabilities....................................................................
U.S. liabilities reported by U.S. banks and securities brokers........................
Other foreign official assets............................................................................
Other foreign assets in the United States...........................................................
Direct investment..........................
U.S. Treasury securities................
U.S. securities other than U.S. Treasury securities........................................
U.S. currency..................................................................................................
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns...........................................................!.........................................
U.S. liabilities reported by U.S. banks and securities brokers........................
10,712
n
n
n
-107
o
n
-76,830
10,462
-1,701
-11,486
n.a.
33,045
n
n
(1)
-300
(')
n
-189,002
21,024
16,444
-37,684
n.a.
(2)
(2)
(2)
(2)
95
(2)
(2)
(2)
15,005
(2)
-12,253
n.a.
(2)
(2)
(2)
(2)
72
(2)
(2)
(2)
14,064
(2)
-37,960
n.a.
(2)
(2)
(2)
(2)
33
(2)
(2)
(2)
5,630
(2)
-4,968
n.a.
(2)
(2)
(2)
(2)
-46
(2)
(2)
(2)
7,253
(2)
-9,642
n.a.
(2)
(2)
(2)
(2)
-2
(2)
n
(2)
7,120
(2)
-6,596
n.a.
(2)
(2)
(2)
(2)
111
(2)
(2)
(2)
6,326
(2)
-27,612
n.a.
17,426
-1,065
-187,721
16,820
-4,954
2-87,459
-1,001
2- 1 65,110
1,379
-91,531
2—56,090
211,046
15,559
2-33,747
4,082
2-168,041
70 Financial derivatives, net................................................................................
71 Statistical discrepancy (sum of above items with sign reversed)..................
-8,391
20,717
-2,314
4119,508
-10,639
39,322
-1,370
4161,622
-4,112
43,968
1,082
420,250
-5,753
-6,343
-2,261
4146,385
-24,419
13,491
-10,928
15,580
-2,967
1,685
-29,378
9,782
-19,596
18,643
-2,720
-3,674
-23,778
11,973
-11,806
13,755
-482
1,467
-27,171
8,780
-18,391
17,909
-414
-896
-22,234
8,303
-13,931
13,318
-176
-789
-23,271
5,991
-17,281
13,957
-120
-3,444
1,873
2,318
4,191
229
-83
4,337
252
2,225
2,478
3,304
-139
5,642
Capital account
41
U.S. official reserve assets..................................................................................
42
Gold.................................................................................................................
43
Special drawing rights.....................................................................................
44
Reserve position in the International Monetary Fund.....................................
45
Foreign currencies..........................................................................................
46
U.S. government assets, other than official reserve assets...............................
47
U.S. credits and other long-term assets................
48
Repayments on U.S. credits and other long-term assets..............................
49
U.S. foreign currency holdings and U.S. short-term assets...........................
50
U.S. private assets......................................................
51
Direct investment....................................................
52
Foreign securities...........................................................................................
53
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns
54
U.S. claims reported by U.S. banks and securities brokers...........................
55 Foreign-owned assets in the United States, excluding financial derivatives
56
57
58
59
60
61
62
63
64
65
66
67
68
69
Memoranda:
72
73
74
75
76
77
Balance on goods (lines 3 and 20)
.................................................................
Balance on services (lines 4 and 21) .................................................................
Balance on goods and services (lines 2 and 19).....................................................
Balance on income (lines 12 and 29) .................................................................
Unilateral current transfers, net (line 3 5).................................................................
Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)..............
p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/-)
1. Details not shown separately; see totals in lines 56 and 63.
2. Details not shown separately are included in line 69.
3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for
China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific.
4. Calculated excluding financial derivatives, net (line 70).
December
2012
S urvey
D-69
C u r r e n t B u s in e s s
of
Table F.3. U.S. International Transactions, by Area— Continues
[M illions of dollars]
Latin America and Other
Western Hemisphere
Canada
Line
(Credits +; debits - )
2012:1 r
2012:11
2012:1r
p
2012:11
Mexico
2012:1 r
p
Asia and Pacific
2012:11
2012:1r
p
Australia
2012:11
p
2012:1 r
2012:11
p
Current account
1 Exports of goods and services and income receipts.....................................
2 Exports of goods and services.....
3
Goods, balance of payments basis.................................................................
4
Services....................................
5
Transfers under U.S. military agency sales contracts................................
6
Travel..........................................................................................................
7
Passenger fares......
8
Other transportation.
9
Royalties and license fees..........................................................................
10
Other private services................................................................................
11
U.S. government miscellaneous services..................................................
12
Income receipts...................................................................................................
13
Income receipts on U.S.-owned assets abroad.............................................
14
Direct investment receipts..........................................................................
15
Other private receipts.................................................................................
16
U.S. government receipts...........................................................................
1/
Compensation of employees..........................................................................
18 Imports of goods and services and income payments..................................
19
Imports of goods and services............................................................................
20
Goods, balance of payments basis.................................................................
21
Services......................
22
Direct defense expenditures.......................................................................
23
Travel......................
24
Passenger fares.....
25
Other transportation
26
Royalties and license fees..........................................................................
27
Other private services................................................................................
28
U.S. government miscellaneous services..................................................
29
Income payments................................................................................................
30
Income payments on foreign-owned assets in the United States..................
31
Direct investment payments.......................................................................
32
Other private payments..............................................................................
33
U.S. government payments..
......
......
34
Compensation of employees....
35 Unilateral current transfers, net....
36
U.S. government grants................
......
37
U.S. government pensions and other transfers...................................................
38
Private remittances and other transfers..............................................................
101,673
106,359
159,255
165,534
63,848
64,396
183,175
182,661
17,277
17,407
86,742
71,983
14,759
23
5,696
1,187
761
2,159
4,910
23
14,930
14,878
8,691
6,187
(*)
52
91,416
76,472
14,944
33
5,990
1,060
869
2,264
4,715
13
14,943
14,892
8,488
6,404
1
51
124,423
96,426
27,997
151
6,044
2,708
1,387
3,461
14,199
47
34,832
34,789
21,968
12,697
123
44
128,735
100,092
28,643
146
6,854
2,823
1,417
3,611
13,744
48
36,799
36,755
23,462
13,202
90
44
59,628
53,214
6,414
17
1,478
836
230
747
3,099
7
4,220
4,212
3,060
1,148
4
8
59,955
53,492
6,463
14
1,667
799
226
781
2,968
8
4,441
4,433
3,051
1,330
52
8
151,245
105,377
45,868
2,616
8,098
2,765
3,531
9,014
19,711
133
31,930
31,822
19,759
11,929
134
109
149,694
107,533
42,162
2,650
8,383
2,338
3,694
9,477
15,500
120
32,967
32,858
19,344
13,368
146
109
11,284
7,466
3,818
79
890
223
112
717
1,794
4
5,993
5,987
3,281
2,705
1
7
11,869
7,666
4,203
52
1,335
163
113
748
1,784
7
5,538
5,532
2,764
2,768
0
7
-97,270
-97,128
-155,846
-157,019
-78,202
-79,993
-266,832
-280,673
-6,257
-6,386
-89,991
-83,734
-6,257
-49
-980
-150
-1,153
-237
-3,629
-58
-7,279
-7,122
-3,608
-3,187
-327
-157
-91,472
-84,094
-7,378
-50
-1,859
-160
-1,257
-239
-3,755
-58
-5,656
-5,506
-1,789
-3,340
-377
-150
-137,234
-115,705
-21,529
-62
-6,900
-1,041
-1,379
-756
-11,235
-156
-18,611
-16,523
-1,778
-11,224
-3,521
-2,088
-137,872
-116,132
-21,740
-75
-6,982
-966
-1,300
-779
-11,474
-165
-19,147
-16,724
-1,894
-11,314
-3,516
-2,423
-74,583
-70,579
-4,004
-3
-2,657
-240
-184
-124
-746
-50
-3,620
-1,814
-1,002
-329
-483
-1,806
-76,170
-72,443
-3,727
-2
-2,375
-238
-150
-123
-787
-52
-3,823
-1,720
-885
-319
-516
-2,104
-231,327
-202,330
-28,997
-2,645
-5,045
-3,499
-4,710
-2,659
-10,246
-193
-35,505
-34,879
-6,008
-7,437
-21,434
-626
-245,201
-216,305
-28,896
-2,625
-4,871
-2,982
-4,902
-2,684
-10,641
-192
-35,471
-35,042
-6,014
-7,757
-21,271
-429
-4,029
-2,307
-1,722
-46
-441
-309
-69
-123
-719
-15
-2,228
-2,211
-1,247
-814
-150
-17
- 4 ,m
-2,539
-1,633
-63
-418
-192
-70
-123
-753
-14
-2,214
-2,198
-1,211
-835
-152
-17
-520
-484
-4,039
-4,548
-3,607
-3,610
-9,983
-9,705
-172
-35
0
-185
-335
0
-190
-294
-623
-223
-3,193
-590
-228
-3,730
-89
-92
-3,426
-92
-94
-3,424
-3,413
-309
-6,261
-4,491
-317
-4,897
0
-29
-143
0
-30
-5
39 Capital account transactions, net...................................................................
0
n.a.
-1
n.a.
0
n.a.
0
n.a.
0
n.a.
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives (increase/
financial outflow (-))...................................................................................
-4,515
-15,500
58,918
213,803
-9,076
-7,132
9,670
-40,015
-928
10,070
0
0
0
0
0
0
0
0
0
0
0
0
-14
0
-14
0
0
0
0
0
2
0
1
1
-4,517
-8,465
-7,264
278
10,934
1
0
1
(*)
-15,501
-6,878
-6,644
474
-2,453
-1,132
-1,178
51
-5
60,050
-19,396
-13,879
-9,919
103,244
106
-136
236
6
213,697
-22,232
1,445
-8,259
242,743
-20
-20
3
-3
-9,055
-2,749
-5,488
-532
-286
84
-4
77
11
-7,215
-2,507
-1,566
487
-3,629
-275
-930
123
532
9,958
-15,963
-3,568
996
28,493
-14
13,313
-328
201
13,440
-53,315
-15,740
29,465
-6,361
-60,679
9
0
10
-1
-937
-5,427
211
519
3,760
2
0
2
(*)
10,068
-4,156
7,702
414
6,108
(increase/financial inflow (+))......................................................................
5,800
20,632
1,570
-57,873
1,844
20,673
97,594
62,778
-2,427
5,853
Foreign official assets in the United States........................................................
U.S. government securities.............................................................................
U.S. Treasury securities..............................................................................
Other..........................................................................................................
Other U.S. government liabilities...................................................................
U.S. liabilities reported by U.S. banks and securities brokers........................
Other foreign official assets............................................................................
Other foreign assets in the United States...........................................................
Direct investment.....................
U.S. Treasury securities...........
U.S. securities other than U.S. Treasury securities........................................
U.S. currency..................................................................................................
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns.....................................................................................................
U.S. liabilities reported by U.S. banks and securities brokers........................
-535
n
-695
( ’)
( 1)
(1)
-7
7,983
24,414
(1)
( 2)
( 2)
54,430
(1)
(2)
( 2)
( 2)
(2)
(2)
( 1)
( ’)
-6
(2)
(2)
(2)
(2)
7
(1)
(1)
882
9,587
n
C)
<1)
799
(2)
(2)
-36
(2)
(2)
375
( ')
( 1)
- 8 2 ,2 8 7
1 ,8 6 5
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
( 2)
292
( 2)
843
( ’)
( 1)
4 3 ,1 6 4
7 ,0 7 0
( 1)
( 1)
(2)
53 ,1 9 1
1 1 ,2 6 4
( 2)
2 ,1 1 6
( 2)
- 1 ,1 9 2
( ')
( 2)
( 2)
( 1)
Capital account
41
U.S. official reserve assets..................................................................................
42
Gold................................................................................................................
43
44
45
46
U.S. government assets, other than official reserve assets...............................
47
U.S. credits and other long-term assets.........................................................
48
Repayments on U.S. credits and other long-term assets..............................
49
U.S. foreign currency holdings and U.S. short-term assets...........................
50
U.S. private assets..............................................................................................
51
Direct investment............................................................................................
62
Foreign securities...........................................................................................
53
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns
54
U.S. claims reported by U.S. banks and securities brokers...........................
55 Foreign-owned assets in the United States, excluding financial derivatives
56
fa/
58
fay
60
61
62
63
64
65
66
6/
68
69
70 Financial derivatives, net................................................................................
71 Statistical discrepancy (sum of above items with sign reversed)..................
-14
V)
(')
6
(1)
( 1)
( ')
( ')
6,335
21,327
2 ,2 3 6
2 ,3 3 0
(’)
- 4 ,4 6 4
n.a.
n
5,774
n.a.
V)
{')
133
(1)
( 1)
- 6 ,4 1 3
1 ,2 0 9
0
9,846
n.a.
(2)
-13,209
n.a.
751
n.a.
1,201
n.a.
9,360
n.a.
0
101
218,521
-5,547
517
-14,141
-8,587
4,456
-22,425
-61,915
-95
2897
-130
-5,038
3,705
4-17,584
6,556
-66,413
-262
‘ -159,635
(3)
(3)
25,193
45,666
-11,751
8,502
-3,249
7,652
-520
3,883
-7,622
7,566
-56
9,286
-484
8,747
-19,279
6,468
-12,811
16,221
-4,039
-630
-16,040
6,903
-9,137
17,652
-4,548
3,967
(1)
(')
(1)
(1)
(’)
n
( 2)
( 2)
147
n.a.
-1,242
n.a.
-961
n.a.
56,741
(1)
55
2-3,320
148
27,483
-251
-1,005
-2,706
485,206
-6,489
4-24,203
Memoranda:
72
74 Balance on goods and services (lines 2 and 19).....................................................
75 Balance on income (lines 12 and 29)......................................................................
76
77 Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)..............
p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/-)
1. Details not shown separately; see totals in lines 56 and 63.
5,127
-17,365
-18,951
-96,953
-108,773
5,159
73 Balance
(lines 4 and16,871
21)......................................................................
2,570
2,410 on services
2,736
13,265
2,096
-14,954
-16,214
-80,082
7,697
-95,507
7,255
3,324
600
617
-3,575
-2,504
3,765
-3,607
-172
-35
-3,610
-9,983
-9,705
-17,961
-19,207
-93,640
-107,717
10,849
10,986
2. Details not shown separately are included in line 69.
3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for
China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific.
4. Calculated excluding financial derivatives, net (line 70).
D-70
International Data
December 2012
Table F.3. U.S. International Transactions, by Area—Table Ends
[Millions of dollars]
China
Line
India
Japan
Africa
Middle East
(Credits +; debits -)
2012:1 r
Current account
1 Exports of goods and services and income receipts.....................................
2012:11
2012:1r
p
2012:11
2012:1'
p
2012:11
p
2012:1r
2012:11
2012:1r
p
2012:11
p
37,377
34,783
9,870
10,301
35,489
34,599
26,617
26,982
14,189
14,684
34,881
27,268
7,613
(*)
1,306
566
558
1,044
4,132
8
2,496
2,480
1,736
737
7
16
32,272
26,187
6,085
(*)
1,316
429
597
1,092
2,644
7
2,511
2,495
1,561
929
5
17
8,196
4,892
3,304
31
658
296
97
175
2,035
13
1,674
1,669
1,018
604
47
5
8,390
5,420
2,969
15
1,150
509
81
183
1,019
12
1,911
1,906
1,122
781
3
5
30,043
17,713
12,330
78
3,020
1,585
887
2,513
4,192
55
5,446
5,426
1,807
3,594
25
20
28,695
17,768
10,927
93
2,158
1,032
901
2,638
4,064
41
5,904
5,884
2,030
3,821
33
20
21,951
16,202
5,749
981
755
97
562
293
3,039
22
4,667
4,620
4,016
575
29
46
22,670
16,800
5,870
870
1,034
162
683
306
2,794
20
4,312
4,266
3,598
631
37
47
11,428
8,052
3,376
196
323
149
114
275
2,300
19
2,760
2,737
2,052
658
27
24
11,925
8,745
3,180
138
447
170
106
287
2,012
21
2,759
2,735
1,888
802
45
24
-107,956
-117,962
-14,456
-15,188
-59,554
-58,560
-34,113
-40,673
-19,566
-21,594
-97,308
-94,271
-3,036
-3
-813
-180
-768
-51
-1,211
-10
-10,649
-10,486
-50
-1,137
-9,299
-163
-107,348
-104,182
-3,166
-3
-854
-198
-763
-50
-1,286
-12
-10,614
-10,525
-122
-1,229
-9,174
-89
-14,003
-9,532
-4,471
-2
-553
-80
-54
-73
-3,702
-7
-453
-270
-112
-13
-145
-183
-14,769
-10,415
-4,355
-12
-383
-52
-37
-75
-3,789
-7
-418
-283
-117
-11
-155
-135
-45,430
-38,178
-7,251
-696
-794
-467
-1,526
-2,313
-1,431
-24
-14,125
-14,091
-3,421
-3,266
-7,404
-33
-44,371
-36,813
-7,558
-690
-1,001
-464
-1,557
-2,336
-1,485
-25
-14,190
-14,166
-3,426
-3,381
-7,359
-24
-31,794
-27,874
-3,920
-1,131
-720
-654
-391
-57
-893
-74
-2,319
-2,274
87
-1,483
-878
-45
-38,246
-34,059
-4,187
-1,100
-940
-672
-396
-56
-945
-78
-2,427
-2,393
42
-1,576
-859
-34
-19,111
-16,991
-2,121
-95
-893
-179
-128
-24
-652
-149
-455
-380
-103
-115
-162
-75
-21,199
-19,017
-2,182
-103
-887
-196
-129
-25
-690
-152
-395
-327
-41
-124
-162
-68
-972
-601
-2,381
-2,004
-271
-270
-4,127
-2,174
-3,903
-4,820
-5
-3
-964
-5
-3
-593
-21
-7
-2,353
-17
-7
-1,979
-13
-86
-172
-12
-88
-170
-3,235
-36
-856
-1,231
-37
-906
-2,017
-10
-1,875
-3,178
-10
-1,632
39 Capital account transactions, net...................................................................
0
n.a.
0
n.a.
0
n.a.
0
n.a.
0
n.a.
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives (increase/
financial outflow (-))...................................................................................
-932
-1,142
-1,805
-3,387
18,450
-32,776
-8,199
3,129
-2,348
1,124
0
0
0
0
0
0
0
0
-14
0
-14
0
0
0
0
0
0
0
0
0
40
0
27
13
-973
-2,168
3,467
-82
-2,190
-2
0
21
-23
-1,140
-1,309
1,226
248
-1,305
-630
-635
3
2
-1,175
-1,540
-384
39
710
6
0
7
-1
-3,393
-1,116
-487
-8
-1,782
526
0
0
526
17,938
-1,878
254
1,422
18,140
13,467
0
0
13,467
-46,229
1,421
-592
-7,063
-39,995
-44
-85
47
-6
-8,155
-3,924
57
-699
-3,589
-11
-81
66
4
3,140
-3,324
733
-58
5,789
-14
-72
63
-4
-2,335
-1,466
-402
395
-862
-12
-64
61
-9
1,136
713
760
-92
-245
68,961
26,870
1,453
5,993
4,050
37,857
-2,975
14,154
2,355
958
(2)
(2>
(2)
(2)
0
(2)
(2)
(2)
-320
(2)
2,974
n.a.
(2)
(2)
(2)
(2)
0
(2)
(2)
(2)
259
(2)
-3,746
n.a.
(2)
(2)
(2)
(2)
-24
(2)
(2)
(2)
(*)
(2)
-224
n.a.
(2)
(2)
(2)
(2)
248
(2)
(2)
(2)
686
(2)
-120
n.a.
(2)
(2)
(2)
(2)
-111
(2)
(2)
(2)
2,799
(2)
4,930
n.a.
(2)
(2)
(2)
(2)
7
(2)
(2)
(2)
9,826
(2)
885
n.a.
421
(')
( 1)
( 1)
1,723
(')
n
-3,396
602
( 1)
609
n.a.
13,528
( ’)
( 1)
C)
2,049
(')
( 1)
626
-924
( ’)
1,412
n.a.
-3,308
(’)
( ’)
( ’)
188
( 1)
( 1)
5,663
63
( 1)
104
n.a.
3,131
(')
0
(')
147
( 1)
( 1)
-2,173
160
(')
109
n.a.
931
265,376
43
21,658
(3)
-104
25,283
389
2-3,957
-419
227,558
(3)
3,522
458,052
7,318
44,284
-49
419,200
n
199
(3)
(')
-2,555
496
1,340
n
-4,065
(3)
( 1)
3,694
( 3)
269
230,088
<3)
22,796
4-1,419
332
8,941
-86
49,734
-67,003
4,577
-62,427
-8,153
-972
-71,551
-77,995
2,919
-75,076
-8,103
-601
-83,780
-4,640
-1,166
-5,807
1,221
-2,381
-6,966
-4,994
-1,385
-6,380
1,493
-2,004
-6,891
-20,465
5,079
-15,386
-8,679
-271
-24,336
-19,045
3,369
-15,676
-8,285
-270
-24,232
-11,672
1,829
-9,843
2,348
-4,127
-11,622
-17,258
1,682
-15,576
1,885
-2,174
-15,864
-8,938
1,255
-7,683
2,305
-3,903
-9,280
-10,272
998
-9,274
2,364
-4,820
-11,730
2
Exports of goods and services............................................................................
Goods, balance of payments basis.................................................................
3
4
Services..........................................................................................................
5
Transfers under U.S. military agency sales contracts................................
6
Travel..........................................................................................................
7
Passenger fares..
8
Other transportation...................................................................................
9
Royalties and license fees..........................................................................
10
Other private services................................................................................
11
U.S. government miscellaneous services...................................................
12
Income receipts...................................................................................................
13
Income receipts on U.S.-owned assets abroad..............................................
14
Direct investment receipts
Other private receipts.....
15
U.S. government receipts
16
17
Compensation of employees
18 Imports of goods and services and income payments..................................
Imports of goods and services............................................................................
19
20
Goods, balance of payments basis.................................................................
21
Services..................
22
Direct defense expenditures.......................................................................
23
Travel..................
24
Passenger fares..
25
Other transportation...................................................................................
26
Royalties and license fees..........................................................................
27
Other private services................................................................................
U.S. government miscellaneous services...................................................
28
29
Income payments................................................................................................
30
Income payments on foreign-owned assets in the United States..................
31
Direct investment payments.......................................................................
32
Other private payments ...
33
U.S. government payments........................................................................
34
Compensation of employees
35 Unilateral current transfers, net
36
U.S. government grants...........
3/
U.S. government pensions and other transfers...................................................
38
Private remittances and other transfers..............................................................
Capital account
41
U.S. official reserve assets..................................................................................
42
Gold........................
43
Special drawing rights.....................................................................................
44
45
46
U.S. government assets, other than official reserve assets...............................
47
U.S. credits and other long-term assets.........................................................
Repayments on U.S. credits and other long-term assets..............................
48
49
U.S. foreign currency holdings and U.S. short-term assets...........................
50
U.S. private assets..............................................................................................
51
Direct investment............................................................................................
52
Foreign securities...........................................................................................
53
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns
64
U.S. claims reported by U.S. banks and securities brokers...........................
55 Foreign-owned assets in the United States, excluding financial derivatives
(increase/financial inflow (+))......................................................................
56
Foreign official assets in the United States.........................................................
57
U.S. government securities..............
68
U.S. Treasury securities...............
69
Other............................................
60
Other U.S. government liabilities.....
61
U.S. liabilities reported by U.S. banks and securities brokers........................
62
Other foreign official assets.............
63
Other foreign assets in the United States...........................................................
64
Direct investment..............................
65
U.S. Treasury securities..................................................................................
66
U.S. securities other than U.S. Treasury securities.........................................
6/
U.S. currency...................................................................................................
68
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns.....................................................................................................
69
U.S. liabilities reported by U.S. banks and securities brokers........................
70 Financial derivatives, net................................................................................
71 Statistical discrepancy (sum of above items with sign reversed)..................
72
73
74
75
76
77
-14
-14
Memoranda:
Balance on goods (lines 3 and 20)..........................................................................
Balance on services (lines 4 and 2 1)......................................................................
Balance on goods and services (lines 2 and 19).....................................................
Balance on income (lines 12 and 29)......................................................................
Unilateral current transfers, net (line 3 5).................................................................
Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)..............
p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/-)
1. Details not shown separately; see totals in lines 56 and 63.
2. Details not shown separately are included in line 69.
3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for
China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific.
4. Calculated excluding financial derivatives, net (line 70).
December 2012
S urvey
D-71
C u r r e n t B u s in e s s
of
Table F.4. Private Services Transactions
[M illions o f dollars]
Not seasonally adjusted
Line
I
1 Exports of private services................................................................
2
Travel (table F.2, line 6 )............................................................................
Passenger fares (table F.2, line 7 ).........................................................
3
4
Other transportation (table F.2, line 8 )..................................................
Freight...................................................................................................
5
Port services.........................
6
7
Royalties and license fees (table F.2, line 9)........................................
By ty p e :1 .............................................................................................
8
Industrial processes 2 ......
O th e r3 ...............................
9
By affiliation:
10
U.S. parents’ receipts from their foreign affiliates.......................
11
U.S. affiliates’ receipts from their foreign parent groups............
12
U.S. receipts from unaffiliated foreigners....................................
13
Other private services (table F.2, line 10).............................................
By ty p e :1 ..................
Education..............
14
Financial services
15
Insurance services
16
17
Telecommunications
Business, professional, and technical services..........................
18
19
Other services4..............................................................................
By affiliation:
20
U.S. parents’ receipts from their foreign affiliates.......................
21
U.S. affiliates’ receipts from their foreign parent groups............
22
U.S. receipts from unaffiliated foreigners....................................
23 Imports of private services.................................................................
24
Travel (table F.2, line 23).........................................................................
Passenger fares (table F.2, line 2 4).......................................................
25
26
Other transportation (table F.2, line 25)................................................
Freight...................................................................................................
27
Port services.......................................................................................
28
Royalties and license fees (table F.2, line 26)......................................
29
By ty p e :1.............................................................................................
Industrial processes 2 ....................................................................
30
Other 3 .............................................................................................
31
By affiliation:
32
U.S. parents’ payments to their foreign affiliates........................
U.S. affiliates’ payments to their foreign parent groups.............
33
34
U.S. payments to unaffiliated foreigners......................................
Other private services (table F.2, line 2 7).............................................
35
By ty p e :1..................
Education.............
36
37
Financial services
Insurance services
38
Telecommunications
39
40
Business, professional, and technical services..........................
41
Other services4..............................................................................
By affiliation:
42
U.S. parents’ payments to their foreign affiliates........................
U.S. affiliates' payments to their foreign parent groups.............
43
44
U.S. payments to unaffiliated foreigners......................................
Seasonally adjusted
2011
2011
II
2012
III
IV
Ir
2012
2011
II
p
I
II
III
IV
Ir
II
p
586,839
140,041
144,187
156,346
146,265
148,140
149,718
143,455
147,028
150,217
146,137
150,759
152,382
116,115
36,631
43,064
21,730
21,334
120,836
23,656
7,870
10,308
5,062
5,246
28,719
30,033
8,778
10,821
5,517
5,304
30,410
35,289
10,843
11,025
5,572
5,453
30,207
27,137
9,139
10,910
5,579
5,331
31,500
27,179
9,204
10,699
5,276
5,423
29,675
32,301
9,577
11,044
5,613
5,431
30,991
27,407
8,374
10,520
5,225
5,295
29,405
29,260
9,080
10,760
5,453
5,307
30,343
30,194
9,889
10,956
5,537
5,419
31,055
29,254
9,287
10,827
5,514
5,313
30,033
30,900
9,734
10,863
5,388
5,475
30,429
31,264
9,776
10,931
5,492
5,439
30,935
43,952
76,884
10,977
17,742
10,730
19,680
11,069
19,137
11,175
20,325
11,026
18,649
11,393
19,598
10,977
18,427
10,730
19,613
11,069
19,986
11,175
18,858
11,026
19,403
11,393
19,542
73,091
3,988
43,757
270,193
17,127
1,008
10,584
69,487
18,725
875
10,809
64,145
18,553
908
10,746
68,982
18,687
1,196
11,617
67,578
17,253
1,300
11,122
71,382
17,825
1,362
11,804
65,805
17,518
1,008
10,878
67,749
18,805
875
10,662
67,585
18,544
908
11,603
68,123
18,224
1,196
10,614
66,736
17,654
1,300
11,475
68,833
17,899
1,362
11,674
69,476
22,726
74,055
15,477
12,650
134,416
10,870
9,345
18,490
3,795
3,057
32,142
2,658
2,756
18,877
3,771
3,138
32,903
2,701
6,388
19,012
3,895
3,306
33,620
2,761
4,236
17,676
4,017
3,149
35,751
2,750
9,930
17,712
3,895
3,297
33,848
2,700
2,927
17,725
3,943
3,324
35,165
2,721
5,543
18,490
3,795
3,057
34,206
2,658
5,636
18,877
3,771
3,138
33,462
2,701
5,732
19,012
3,895
3,306
33,418
2,761
5,815
17,676
4,017
3,149
33,330
2,750
5,892
17,712
3,895
3,297
35,336
2,700
5,988
17,725
3,943
3,324
35,775
2,721
58,902
29,521
181,770
14,117
7,129
48,241
14,634
7,231
42,281
14,260
7,475
47,247
15,890
7,687
44,002
14,962
7,128
49,292
15,608
7,204
42,993
14,603
7,458
45,688
14,754
7,481
45,350
14,553
7,518
46,052
14,992
7,064
44,680
15,450
7,455
45,928
15,718
7,531
46,227
393,065
89,942
100,367
104,120
98,635
96,027
105,608
94,984
97,522
100,767
99,791
101,605
102,494
78,651
31,109
54,711
40,337
14,374
36,620
16,469
7,204
13,110
9,676
3,434
8,941
22,193
8,241
13,634
10,089
3,545
8,451
22,808
8,229
14,148
10,445
3,703
9,274
17,181
7,435
13,819
10,127
3,692
9,955
18,430
8,263
13,337
9,952
3,385
9,856
24,034
9,446
13,837
10,371
3,466
9,955
19,257
7,542
13,439
9,909
3,530
8,921
19,628
7,698
13,736
10,214
3,522
8,543
19,895
7,946
13,767
10,180
3,587
9,503
19,871
7,923
13,769
10,034
3,735
9,652
21,228
8,936
13,716
10,237
3,479
9,859
21,387
8,821
13,842
10,398
3,444
10,040
22,633
13,987
5,211
3,729
5,166
3,285
5,958
3,316
6,298
3,657
6,134
3,722
6,402
3,553
5,232
3,689
5,175
3,369
6,073
3,430
6,153
3,499
6,178
3,682
6,404
3,636
6,962
19,253
10,405
191,973
1,543
5,032
2,365
44,219
1,625
4,398
2,428
47,848
1,875
4,596
2,803
49,661
1,919
5,227
2,809
50,246
1,867
5,220
2,769
46,140
1,945
5,287
2,722
48,336
1,543
5,088
2,290
45,825
1,625
4,437
2,482
47,916
1,875
4,834
2,794
49,656
1,919
4,894
2,840
48,576
1,867
5,294
2,698
47,866
1,945
5,327
2,767
48,404
5,888
16,207
56,619
7,690
104,773
797
1,113
4,083
13,495
1,973
23,355
199
1,495
4,212
14,161
1,871
25,909
201
1,980
3,906
14,869
1,976
26,729
201
1,300
4,006
14,094
1,870
28,780
196
1,171
3,915
13,203
1,806
25,843
204
1,576
3,973
13,311
1,812
27,461
205
1,451
4,083
13,495
1,973
24,623
199
1,463
4,212
14,161
1,871
26,009
201
1,475
3,906
14,869
1,976
27,229
201
1,498
4,006
14,094
1,870
26,912
196
1,525
3,915
13,203
1,806
27,214
204
1,543
3,973
13,311
1,812
27,561
205
57,245
24,910
109,818
12,590
5,564
26,065
13,993
6,149
27,707
14,874
6,184
28,603
15,789
7,013
27,443
13,842
6,528
25,771
15,217
6,629
26,490
13,495
5,774
26,556
13,874
6,344
27,698
15,063
6,301
28,292
14,814
6,491
27,271
14,807
6,779
26,280
15,091
6,828
26,485
26,571
22,043
92,552
60,443
6,577
8,870
21,284
14,462
6,438
4,427
22,845
15,095
6,662
4,401
24,854
15,459
6,895
4,345
23,568
15,427
6,754
4,268
22,288
15,042
6,879
4,182
22,844
14,369
6,577
8,870
21,284
14,462
6,438
4,427
22,845
15,095
6,662
4,401
24,854
15,459
6,895
4,345
23,568
15,427
6,754
4,268
22,288
15,042
6,879
4,182
22,844
14,369
Supplemental detail on insurance transactions:
45
46
47
48
Premiums received 5...................................................................................
Actual losses p a id ........................................................................................
Premiums paid 5...........................................................................................
Actual losses recovered..............................................................................
Memoranda:
49 Balance on goods (table F.2, line 7 2 )........................................................
50 Balance on private services (line 1 minus line 2 3 )..................................
51 Balance on goods and private services (lines 49 and 50)......................
-738,413 -159,451 -190,477 -202,153 -186,332 -173,012 -189,344 -181,358 -187,184 -180,617 -189,254 -194,298 -185,790
46,346
49,154
49,889
193,774
50,098
52,226
47,629
52,113
48,471
49,450
43,820
44,110
49,506
-544,639 -109,353 -146,657 -149,927 -138,703 -120,899 -145,234 -132,887 -137,678 -131,167 -142,908 -145,144 -135,901
p Preliminary
r Revised
1. Royalties and license fees and “other private services” by detailed type of service include both affiliated and unaffili
ated transactions.
2. Includes royalties, license fees, and other fees associated with intangible assets, including patents, trade secrets, and
other proprietary rights, that are used in connection with the production of goods.
3. Includes royalties, license fees, and other fees associated with copyrights, trademarks, franchises, rights to broadcast
live events, software licensing fees, and other intellectual property rights.
4. Other services receipts (exports) include mainly film and television tape rentals and expenditures of foreign residents
temporarily working in the United States. Payments (imports) include mainly expenditures of U.S. residents temporarily
working abroad and film and television tape rentals.
5. These reflect the amount of premiums explicitly charged by, or paid to, insurers and reinsurers.
D-72
December 2012
G . In v e s tm e n t T a b le s
Table G.1. International Investment Position of the United States at Yearend, 2010 and 2011
[Millions of dollars]
Changes in position in 2011
Attributable to:
Type of investment
Line
Position, 2010r
Valuation adjustments
Financial flows
(a)
Price changes
(b)
Exchange-rate
changes1
(c)
Total
(a+b+c+d)
Position, 2011
p
Other changes ■
(d)
Net international investment position of the United States (lines 2+3)..........................
-2,473,599
-556,347
-802,087
-22,959
-175,258
-1,556,651
-4,030,250
Financial derivatives, net (line 5 less line 2 5 ) 3.......................................................................
Net international investment position, excluding financial derivatives (line 6 less line 26).
110,382
-2,583,981
-39,010
-517,337
0
-802,087
(4)
-22,959
4 54,880
-230,138
15,870
-1,572,521
126,252
-4,156,502
U.S.-owned assets abroad (lines 5+6)............................................................................
20,298,413
(3)
(3)
-519,543
(3)
(3)
-28,867
21,132,370
3,652,313
16,646,100
(3)
(3)
483,653
833,957
Financial derivatives (gross positive fair value)...................................................................
U.S.-owned assets abroad, excluding financial derivatives (lines 7+12+17)...................
(3)
-153,639
1,052,353
-218,396
4,704,666
16,427,704
488,673
367,537
56,824
12,492
51,820
15,877
0
-1,752
18,079
-450
32,818
5 32,818
-1,332
0
60
0
0
0
47,363
32,818
-1,868
17,588
-1,175
536,036
400,355
54,956
30,080
50,645
U.S. government assets, other than official reserve assets...............................................
U.S. credits and other long-term assets 7........................................................................
Repayable in dollars........................................................................................................
Other 8 ..............................................................................................................................
U.S. foreign currency holdings and U.S. short-term assets9........................................
75,235
74,399
74,126
273
836
103,666
3.974
3.974
0
99,692
0
0
0
103,666
3.974
3.974
0
99,692
178,901
78,373
78,100
273
100,528
U.S. private assets...................................................................................................................
Direct investment at current cost........................................................................................
Foreign securities.................................................................................................................
Bonds................................................................................................................................
Corporate stocks.............................................................................................................
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns............
U.S. claims reported by U.S. banks and securities brokers, not included elsewhere..
16,082,192
4,306,843
6,336,370
1,689,462
4,646,908
874,762
4,564,217
364,110
419,332
146,797
57,752
89,045
11,608
-213,627
-27,535
-16,685
-9,416
-896
-8,520
-5,813
4,379
-153,639
-27,310
0
0
0
-83,730
-42,599
-369,425
374,726
-414,369
74,292
-488,661
-77,935
-251,847
15,712,767
4,681,569
5,922,001
1,763,754
4,158,247
796,827
4,312,370
Foreign-owned assets in the United States (lines 25+26).................................................
22,772,012
(3)
(3)
-5,908
(3)
(3)
76.499
25,162,620
3,541,931
19,230,081
(3)
(3)
1,000,990
2,390,608
Financial derivatives (gross negative fair value).......................................................................
Foreign-owned assets in the United States, excluding financial derivatives (lines 27+34)..
1,036,483
1,354,125
4,578,414
20,584,206
Foreign official assets in the United States...............................................................................
U.S. government securities.....................................................................................................
U.S. Treasury securities......................................................................................................
O ther......................................................................................................................................
Other U.S. government liabilities 10........................................................................................
U.S. liabilities reported by U.S. banks and securities brokers, not included elsewhere..
Other foreign official assets.....................................................................................................
4,912,727
3,993,275
3,364,758
628,517
110,464
179,540
629,448
211,826
158,735
171,179
-12,444
9,063
30,010
14,018
126,407
125,338
117,128
8,210
-168
0
0
0
0
0
0
0
338,065
284,073
288,307
-4,234
8,895
30,010
15,087
5,250,792
4,277,348
3,653,065
624,283
119,359
209,550
644,535
Other foreign assets....................................................................................................................
Direct investment at current cost.......................
U.S. Treasury securities.....................................
U.S. securities other than U.S. Treasury securities............................................................
Corporate and other bonds............................
Corporate stocks.................................................................................................................
U.S. currency............................................................................................................................
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns............
U.S. liabilities reported by U.S. banks and securities brokers, not included elsewhere.
14,317,354
2,597,707
1,101,828
5,933,958
2,915,698
3,018,260
342,090
643,618
3,698,153
789,164
233,988
240,878
-56,442
-68,840
12,398
54,996
6,567
309,177
156,137
19,637
75,344
61,156
53,299
7,857
76.499
57,912
0
31,100
11,400
19,700
0
-17,316
4,803
1,016,060
311,084
316,222
34,219
-5,736
39,955
54,996
-13,890
313,429
15,333,414
2,908,791
1,418,050
5,968,177
2,909,962
3,058,215
397,086
629,728
4,011,582
4,766,730
3,397,411
419,332
233,988
-645,025
-142,835
-6,554
20,795
-266,768
111,948
4,499,962
3,509,359
U.S. official reserve assets.................................................
Gold.................................
Special drawing rights...
Reserve position in the International Monetary Fund.
Foreign currencies...........................................................
-116
-491
-725
-552,361
-611
-551,750
17,436
-569,186
(3)
282,544
-168
1,069
-5,740
-453
-1,595
-1,595
-3,141
-551
Memoranda:
Direct investment abroad at market value.........................................................................................
Direct investment in the United States at market value...................................................................
p Preliminary
r Revised
* Less than $500,000 (+/-)
....Not applicable
1. Represents gains or losses on foreign-currency-denominated assets and liabilities due to their revaluation at current
exchange rates.
2. Includes changes due to year-to-year shifts in the composition of reporting panels, primarily for bank and nonbank
estimates, and to the incorporation of more comprehensive survey results. Also includes capital gains and losses of direct
investment affiliates and changes in positions that cannot be allocated to financial flows, price changes, or exchange-rate
changes.
3. Financial flows and valuation adjustments for financial derivatives are available only on a net basis, which is shown
on line 2; they are not separately available for gross positive fair values and gross negative fair values of financial deriva
tives. Consequently, columns (a) through (d) on lines 4, 5, 24, and 25 are not available.
4. Data are not separately available for the three types of valuation adjustments; therefore, the sum of all three types is
shown in column (d).
-34,521
5. Reflects changes in the value of the official gold stock due to fluctuations in the market price of gold.
6. Reflects changes in gold stock from U.S. Treasury sales of gold medallions and commemorative and bullion coins;
also reflects replenishment through open market purchases. These demonetizations/monetizations are not included in
international transactions financial flows.
7. Also includes paid-in capital subscriptions to international financial institutions and outstanding amounts of miscella
neous claims that have been settled through international agreements to be payable to the U.S. government over periods
in excess of 1 year. Excludes World War I debts that are not being serviced.
8. Includes indebtedness that the borrower may contractually, or at its option, repay with its currency, with a third
country's currency, or by delivery of materials or transfer of services.
9. Includes foreign-currency-denominated assets obtained through temporary reciprocal currency arrangements
between the Federal Reserve System and foreign central banks. These assets are included in the investment position at
the dollar value established at the time they were received, reflecting the valuation of these assets in the Federal Reserve
Systems balance sheet. The movement of exchange rates does not affect this valuation.
10. Includes U.S. government liabilities associated with military sales contracts and U.S. government reserve-related
liabilities from allocations of special drawing rights (SDRs).
December
2012
S urvey
of
D-73
C u r r e n t B u s in e s s
Table G.2. U.S. Direct Investment Abroad: Selected Items, by Country and by Industry of Foreign Affiliate, 2008-2011
[M illions of dollars]
Direct investment position
on a historical-cost basis
2008
All countries, all industries............................................
3,232,493
2009
3,518,655
2010
3,790,918
Financial outflows without
current-cost adjustment (inflows (-))
2011
4,155,551
Income without
current-cost adjustment
2008
2009
2010
2011
2008
2009
2010
2011
308,296
266,955
304,399
396,656
392,954
335,297
420,566
457,562
By country of foreign affiliate
Canada.............................................................................................
246,483
265,326
289,535
318,964
12,293
10,170
28,398
40,410
31,419
15,409
30,326
40,729
Europe..............................................................................................
Of which:
France......................................................................................
Germany..................................................................................
Ireland..
Luxembourg.............................................................................
Netherlands.............................................................................
Switzerland..............................................................................
United Kingdom......................................................................
1,844,182
1,987,278
2,102,834
2,307,697
178,415
159,387
186,857
224,295
196,977
175,828
209,893
212,760
84,409
107,833
150,131
172,251
423,059
133,222
448,412
87,077
106,103
129,253
222,025
507,735
132,943
487,604
91,487
100,185
157,565
271,518
542,656
127,817
514,887
89,293
106,887
188,274
335,279
595,139
124,964
549,399
-341
775
31,795
27,079
38,639
25,168
29,615
1,753
7,037
23,025
23,074
59,475
16,413
27,638
2,417
5,084
27,946
48,833
47,300
-817
47,087
77
8,347
30,539
49,804
55,685
11,866
36,799
5,774
7,718
30,327
20,762
48,312
19,621
24,456
2,109
3,315
24,765
20,070
56,867
16,779
29,329
4,225
5,733
26,108
29,413
63,109
19,630
28,182
4,225
5,292
29,788
30,965
55,195
21,266
31,798
Latin America and Other Western Hemisphere..........................
O f which:
Bermuda..................................................................................
B ra zil........................................................................................
Mexico......................................................................................
United Kingdom Islands, Caribbean....................................
588,992
695,754
747,784
831,151
63,213
60,596
44,533
84,540
82,092
76,665
91,843
99,603
207,547
43,953
87,443
134,298
282,662
53,281
82,286
150,903
297,096
64,165
84,288
164,097
327,185
71,101
91,402
180,761
7,824
3,825
4,521
25,914
29,963
2,991
8,191
7,020
16,359
8,829
414
9,013
26,332
9,805
8,310
16,147
25,033
9,251
10,239
13,289
29,255
7,031
8,036
16,775
33,374
10,221
9,392
19,129
34,662
11,594
11,854
19,981
A frica ................................................................................................
36,746
43,018
53,412
56,632
3,837
9,447
9,281
5,127
8,133
5,409
7,221
8,520
Middle East......................................................................................
31,294
35,004
34,739
35,905
3,716
4,870
-276
846
8,817
4,988
9,224
15,226
Asia and Pacific...............................................................................
Of which:
Australia...................................................................................
China....
Hong Kong
Japan.......................................................................................
Singapore................................................................................
484,796
492,275
562,613
605,202
46,821
22,484
35,606
41,439
65,517
56,998
72,059
80,723
92,668
53,927
40,042
99,803
83,169
105,890
50,048
49,685
93,576
84,778
123,492
58,509
48,219
102,597
104,309
136,249
54,234
52,542
116,533
116,616
10,158
15,971
-325
-1,656
8,572
2,779
-8,526
8,091
9,602
4,314
18,285
7,089
-21,467
1,386
13,091
13,684
-1,663
4,834
5,062
7,571
8,588
7,513
5,659
7,491
17,195
5,280
6,690
6,183
13,184
9,693
9,995
9,425
5,790
9,153
15,882
11,637
9,677
6,559
9,948
21,223
By industry of foreign affiliate
Mining...............................................................................................
147,496
165,212
171,576
188,003
25,572
12,030
13,013
24,738
39,822
23,243
29,160
38,789
Manufacturing..................................................................................
Food........
Chemicals,
Primary and fabricated metals..................................................
Machinery
Computers and electronic products..........................................
Electrical equipment, appliances, and components..............
Transportation equipment..........................................................
Other manufacturing...................................................................
474,733
40,317
110,311
18,207
36,110
67,859
21,819
44,541
135,569
500,830
47,337
111,706
16,484
37,457
66,728
19,691
52,039
149,387
533,063
48,553
116,653
17,240
42,560
79,599
20,403
51,629
156,426
588,736
52,873
132,123
19,505
49,105
86,155
22,104
60,782
166,088
35,866
3,845
15,709
3,238
6,712
4,264
3,042
-11,623
10,679
38,649
2,842
13,523
886
3,708
-1,909
-193
2,665
17,127
46,261
5,345
14,636
1,382
5,092
8,900
1,897
-68
9,078
59,177
4,269
16,310
2,715
6,456
8,279
-5
8,873
12,280
60,144
3,603
14,475
1,967
5,057
11,565
2,009
1,326
20,142
40,284
2,807
12,203
651
3,011
7,104
1,579
-769
13,696
62,012
4,208
14,594
1,431
4,704
10,857
1,745
6,765
17,707
73,806
4,901
16,532
1,955
6,023
12,421
1,743
9,887
20,344
Wholesale trade...............................................................................
169,970
161,497
168,884
193,767
31,718
13,418
11,558
24,274
28,773
18,295
25,389
29,989
Information........................................................................................
130,985
129,365
119,707
127,170
7,946
8,786
8,080
11,773
14,400
12,953
12,660
14,476
Depository institutions (banking)..................................................
128,301
116,235
119,804
107,913
4,408
-17,227
-4,392
-8,910
1,013
1,733
2,072
7,132
Finance (except depository institutions) and insurance.............
686,551
720,305
738,516
777,152
58,478
46,766
24,795
36,930
43,618
45,031
38,694
36,662
Professional, scientific, and technical services...........................
77,393
73,627
83,450
90,109
9,444
4,700
7,551
8,047
6,865
6,944
8,069
9,176
Holding companies (nonbank).......................................................
1,198,220
1,434,270
1,615,434
1,809,073
118,621
140,302
175,792
207,586
179,733
165,692
217,456
221,295
Other industries...............................................................................
218,845
217,314
240,484
273,629
16,242
19,530
21,742
33,041
18,587
21,122
25,053
26,238
Note. The data in this table are from tables 14 and 15 in “U.S. Direct Investment Abroad Tables” in the September 2012 Survey of Current Business.
D-74
International Data
December 2012
Table G.3. Selected Financial and Operating Statistics of Foreign Affiliates of U.S. Companies by Country and by Industry of Affiliate, 2010
All foreign affiliates
Majority-owned foreign affiliates
Millions of dollars
Total assets
All countries, all industries............................................ 23,277,276
Sales
Net income
6,034,813
1,138,435
Millions of dollars
Thousands
U.S.
U.S.
of
exports of imports of
employees Total assets
goods
goods
shipped to shipped by
affiliates
affiliates
256,823
303,867
13,255.8 19,624,336
Sales
Net income
Value
added
5,166,132
1,021,178
1,241,272
Thousands
U.S.
U.S.
of
exports of imports of
employees
goods
goods
shipped to shipped by
affiliates
affiliates
245,929
292,580
11,070.3
By country of affiliate
Canada.........................................................................................
1,232,485
596,698
67,963
(D)
102,092
Europe..........................................................................................
Of which:
France .................................................................................
Germany..............................................................................
Netherlands........................................................................
United Kingdom..................................................................
12,395,013
2,796,174
637,702
65,616
73,865
394,337
886,101
1,844,794
4,915,951
213,885
358,732
249,844
664,042
8,794
12,293
168,808
100,171
9,295
7,476
(D)
(D)
Latin America and Other Western Hemisphere......................
Of which:
B razil...................................................................................
Mexico.................................................................................
3,909,813
732,883
204,622
294,908
377,387
187,811
229,147
17,445
19,073
Africa............................................................................................
307,190
119,492
Middle East..................................................................................
220,761
149,784
Asia and Pacific..........................................................................
Of which:
Australia...............................................................................
China...................................................................................
India......................................................................................
Japan...................................................................................
5,212,014
1,639,781
529,908
184,735
303,628
65,646
306,545
(D)
119,667
(D)
1,178,858
571,748
65,984
128,694
71,721
96,424
1,077.0
4,593.5 11,395,857
2,505,646
598,969
597,571
63,012
73,428
4,079.4
9,253
569.8
645.8
232.3
1,382.2
366,600
641,633
1,702,044
4,607,423
199,165
307,323
204,534
599,080
7,285
10,013
160,378
87,447
49,269
84,418
23,963
152,577
4,821
9,293
9,377
12,498
5,325
7,473
4,071
9,251
531.5
598.0
219.8
1,199.7
53,110
63,371
2,751.2
3,667,938
629,453
191,209
159,326
50,901
60,597
2,256.5
5,860
38,679
2,962
47,212
590.7
1,296.3
242,509
327,787
172,226
188,962
16,434
15,772
45,071
36,717
5,595
37,018
2,920
44,931
561.4
1,031.8
35,330
1,892
272,161
98,326
32,347
55,443
1,786
4,548
172.8
(D)
(D)
(D)
243.8
35,224
135.5
122,698
64,119
12,510
23,323
612
2,692
107.7
157,595
60,650
56,934
4,438.1
2,986,824
1,296,839
120,158
276,915
57,898
54,891
3,377.0
17,571
39,383
4,704
10,762
(D)
(D)
2,890
9,075
1,064
11,840
351.8
1,541.2
710.1
552.3
489,402
210,310
89,378
955,929
150,428
170,475
49,329
246,990
17,062
14,366
4,461
10,047
48,787
36,942
16,593
48,630
5,921
7,255
923
11,480
2,890
8,745
1,033
2,679
296.1
1,026.0
586.1
315.5
(D)
(D)
(D)
(D)
3,528
1,093.7
By industry of affiliate
Mining...........................................................................................
801,863
323,152
79,617
(D)
(D)
220.3
702,481
283,941
69,074
192,877
1,708
21,025
201.8
Manufacturing..............................................................................
Of which:
Food.....................................................................................
Chemicals.........................
Primary and fabricated m etals........................................
Machinery.........................
Computers and electronic products.................................
Electrical equipment, appliances, and components.....
Transportation equipment.................................................
2,509,262
2,622,569
200,218
161,268
213,870
5,524.4
2,095,648
2,215,772
158,799
528,409
153,885
203,849
4,629.7
174,463
597,761
111,489
189,372
307,431
82,791
287,023
203,612
507,274
83,436
164,757
344,189
57,556
417,715
11,161
60,631
2,388
12,495
25,440
4,920
10,714
7,160
26,292
3,493
10,810
(D)
156,672
524,406
101,064
167,754
284,753
75,611
259,691
185,418
456,945
73,168
140,147
337,498
50,907
368,896
10,074
52,804
2,105
11,553
25,553
4,873
6,959
36,348
110,386
16,784
37,170
60,103
11,191
55,974
7,072
26,057
3,432
10,550
26,618
2,703
54,398
11,610
21,855
5,702
12,510
37,800
5,726
71,503
437.4
619.9
217.2
397.2
713.8
199.9
877.9
Wholesale trade...........................................................................
866,095
1,315,245
62,812
79,915
(D)
(D)
(D)
522.0
718.9
238.9
473.9
733.7
236.9
950.6
830.7
826,319
1,260,459
60,151
155,816
77,164
64,495
778.9
Retail trade..................................................................................
213,653
293,127
9,195
7,728
309
1,395.0
190,134
262,471
8,737
57,257
7,130
309
1,247.9
Information...................................................................................
406.0
(D)
(D)
(D)
22,758
5,792
13,328
38,138
467,538
284,576
26,161
625
245
557.5
329,380
185,389
14,964
50,904
625
245
Finance and insurance............................................................... 11,634,288
598,710
136,816
17
5
1,049.9
9,268,182
467,811
108,298
77,289
17
5
599.1
Professional, scientific, and technical services.......................
318,479
198,935
26,374
(D)
886.7
309,412
191,768
26,107
78,218
6,466,098
398,499
597,241
2,311
2,791.3
5,902,780
298,522
575,048
100,502
(D)
(D)
(D)
(D)
853.2
Other industries...........................................................................
(D)
(D)
D Suppressed to avoid disclosure of data of individual companies.
The data in this table are from “U.S. Multinational Companies: Operations of U.S. Parents and Their Foreign Affiliates in 2010” in the November 2012 Survey Of C urrent Business.
2,353.8
December
2012
S urvey
of
D-75
C u r r e n t B u s in e s s
Table G.4. Foreign Direct Investment in the United States: Selected Items, by Country of Foreign Parent and by Industry of U.S. Affiliate, 2008-2011
[Millions of dollars]
Direct investment position
on a historical-cost basis
2008
All countries, all industries........................................................
2,046,662
2009
2010
2,069,438 2,264,385
Financial inflows without
current-cost adjustment (outflows (-))
2011
2,547,828
Income without
current-cost adjustment
2008
2009
2010
2011
2008
306,366
143,604
197,905
226,937
125,721
2009
97,990
2010
2011
138,223
151,508
By country of foreign parent
Canada...................................................................................................................
168,746
188,943
188,350
210,864
16,794
30,366
5,522
18,661
8,716
4,755
11,636
11,082
Europe....................................................................................................................
O f which:
France...........................................................................................................
Germany........................................................................................................
Luxembourg...................................................................................................
Netherlands...................................................................................................
Switzerland....................................................................................................
United Kingdom
1,477,896
1,504,727
1,652,599
1,811,875
234,331
99,073
150,286
132,568
105,670
83,184
101,751
112,027
141,922
173,843
130,020
179,938
157,121
447,529
158,924
183,966
138,667
206,622
140,819
414,590
174,698
200,565
168,426
244,524
187,170
387,163
198,741
215,938
190,380
240,306
211,700
442,179
12,950
17,122
6,802
75,327
45,660
52,609
25,369
12,320
17,349
5,018
10,710
18,373
9,336
17,362
28,396
26,753
41,241
23,931
4,281
13,912
21,548
795
20,875
46,799
13,054
15,216
6,810
10,581
22,871
24,013
14,237
11,129
2,401
13,866
14,090
22,302
12,833
15,040
4,274
19,651
11,548
24,978
10,891
18,006
7,333
17,742
15,895
27,507
Latin America and Other Western Hemisphere................................................
Of which:
Bermuda........................................................................................................
Mexico...........................................................................................................
Panama.........................................................................................................
United Kingdom Islands, Caribbean..........................................................
Venezuela......................................................................................................
56,538
32,961
59,638
85,695
8,822
7,990
14,545
18,373
6,314
2,622
2,983
4,518
13,703
8,420
916
27,799
2,402
-7,646
11,111
1,101
21,227
2,612
1,959
11,267
952
36,437
2,890
1,406
13,763
1,098
53,493
3,784
4,522
731
188
3,674
-1,465
1,084
2,469
144
2,481
158
5,196
190
-554
6,819
411
-1,529
2,491
100
12,229
996
2,231
1,498
411
1,020
(D)
1,503
1,152
189
506
-479
1,001
1,630
154
574
-281
128
1,785
92
1,332
(D)
512
A frica......................................................................................................................
1,817
1,225
2,265
4,281
958
-672
1,081
2,060
63
91
117
Middle East............................................................................................................
16,233
18,177
16,452
25,363
3,455
1,366
-295
9,098
-584
-173
-18
1
Asia and Pacific....................................................................................................
Of which:
Australia.........................................................................................................
Japan.............................................................................................................
325,431
323,404
345,080
409,749
42,005
5,482
26,766
46,176
5,542
7,512
21,754
23,368
37,399
234,748
36,760
238,140
38,770
252,077
55,862
289,490
4,574
22,321
-3,850
6,544
3,255
17,612
17,446
18,598
2,859
6,020
1,916
4,272
4,761
14,132
3,864
15,459
650,380
25,713
157,303
44,530
69,346
59,170
17,771
81,610
194,936
311,181
35,789
158,145
71,671
261,569
48,352
57,585
451,990
698,240
27,132
130,206
48,181
73,633
59,371
19,600
86,101
254,016
236,205
45,465
137,202
107,721
288,447
44,628
73,863
437,667
751,768
40,608
155,493
41,918
74,264
64,059
20,297
89,970
265,158
270,748
47,255
144,214
114,765
346,449
44,919
80,418
463,849
838,340
42,905
201,671
44,205
74,332
65,443
23,981
92,060
293,743
309,959
50,551
147,072
153,064
376,770
48,370
88,055
535,648
77,098
1,273
-2,776
9,649
9,221
10,031
1,002
-6,249
54,948
32,888
7,203
8,550
24,752
95,353
-4,753
4,879
60,394
53,416
2,756
12,299
3,894
5,402
-3,974
2,187
16,035
14,817
11,628
4,168
-7,876
16,586
28,483
-1,021
2,412
35,808
86,066
16,429
18,887
763
467
5,061
-170
7,065
37,565
29,630
1,101
-2,295
9,341
38,899
-8
7,099
28,073
90,883
1,693
48,537
2,729
757
3,206
3,729
2,070
28,163
25,675
3,546
568
17,931
8,539
1,879
6,405
71,510
36,323
2,115
12,548
4,702
2,844
2,124
1,462
-664
11,191
22,733
1,744
4,623
3,825
25,964
2,495
2,975
25,038
38,341
6,266
16,798
-1,323
1,926
1,722
1,164
-880
12,668
4,385
2,779
4,807
352
21,532
1,243
1,873
22,678
59,017
5,951
21,536
386
3,854
2,271
1,319
5,857
17,842
14,253
3,000
3,785
6,815
20,799
718
2,318
27,517
64,899
4,882
25,457
1,572
4,548
3,712
1,721
4,189
18,819
16,259
4,999
6,584
8,614
13,137
2,397
2,241
32,377
By industry of U.S. affiliate
Manufacturing........................................................................................................
Food...................................................................................................................
Chemicals..........................................................................................................
Primary and fabricated metals........................................................................
Machinery..........................................................................................................
Computers and electronic products...............................................................
Electrical equipment, appliances, and components....................................
Transportation equipment................................................................................
Other manufacturing.........................................................................................
Wholesale trade.....................................................................................................
Retail trade............................................................................................................
Information.............................................................................................................
Depository institutions (banking)........................................................................
Finance (except depository institutions) and insurance...................................
Real estate and rental and leasing.....................................................................
Professional, scientific, and technical services.................................................
Other industries....................................................................................................
D Suppressed to avoid disclosure of data of individual companies.
Note. The data in this table are from tables 14 and 15 in “Foreign Direct Investment in the United StatesTables”
in the September 2012 Survey of Current Business.
December 2012
International Data
D-76
Table G.5. Selected Financial and Operating Data of U.S. Affiliates of Foreign Companies,
by Country of Ultimate Beneficial Owner and by Industry of Affiliate, 2010
Majority-owned affiliates
All affiliates
Millions of dollars
Millions of dollars
Total
assets
All countries, all industries........................................ 12,337,290
Net
income
Sales
3,400,736
116,466
Thousands
of
employees
5,802.2
Millions of dollars
U.S.
U.S.
exports of imports of
goods
goods
shipped by shipped to
affiliates
affiliates
250,578
Total
assets
542,938 11,829,706
Sales
3,085,949
Millions of dollars
Net
income
85,906
Value
added
649,337
Thousands
of
employees
5,270.4
U.S.
U.S.
exports of imports of
goods
goods
shipped by shipped to
affiliates
affiliates
229,251
518,023
By country
Canada.........................................................................................
1,381,871
263,052
8,869
676.6
11,782
28,172
1,322,041
222,770
8,176
59,096
536.7
9,997
26,988
Europe..........................................................................................
Of which:
France.................................................................................
Germany..
Netherlands........................................................................
Sweden...
Switzerland
United Kingdom..................................................................
8,711,341
2,045,700
82,886
3,716.3
142,129
(D)
8,410,708
1,866,954
56,309
425,159
3,445.3
127,974
227,118
1,376,770
1,487,803
939,548
91,747
1,369,405
274,850
387,466
303,593
47,918
238,062
15,277
11,532
18,680
1,243
8,495
17,656
32,900
20,275
64,253
(D)
(D)
(D)
529.6
626.3
359.2
176.4
424.0
980.0
(D)
(D)
1,332,604
1,472,304
922,517
91,601
1,350,383
2,253,900
247,102
371,758
293,516
47,717
230,843
428,608
9,543
12,156
15,131
1,218
7,370
10,269
58,730
77,099
40,257
12,966
57,261
116,013
499.0
569.6
343.2
176.0
408.2
879.2
17,207
32,847
19,611
5,233
11,031
27,564
19,784
64,029
40,232
6,099
17,733
52,845
Latin America and Other Western Hemisphere......................
Of which:
Bermuda..............................................................................
Mexico.................................................................................
United Kingdom Islands, Caribbean................................
Venezuela...........................................................................
334,536
179,795
6,227
295.8
16,471
36,268
324,876
162,195
5,485
36,199
272.6
15,824
32,217
163,949
40,071
47,870
3,742
(D)
45,696
22,657
9,811
3,563
1,049
-44
-158
14,358
5,350
3,091
76.7
54.1
27.3
5.3
2,377
(D)
161,518
37,106
16,198
19,277
(D)
(D)
(D)
(D)
79.1
L
K
5.3
606
(D)
(D)
(D)
(D)
(D)
(D)
(D)
-20
(D)
(D)
5,240
11,209
(D)
623
952
(D)
6,105
17,878
5,009
(D)
(D)
(D)
(D)
(D)
A frica............................................................................................
(D)
(D)
(D)
6.3
(D)
(D)
5,617
5,933
350
1,196
6.3
920
240
Middle East..................................................................................
148,364
90,997
-194
66.4
(D)
(D)
128,864
83,015
950
12,540
49.9
2,500
12,182
Asia and Pacific..........................................................................
Of which:
Australia...............................................................................
Japan...................................................................................
Korea, Republic o f.............................................................
1,621,358
759,831
13,983
950.6
71,631
215,535
1,530,409
705,192
11,954
105,870
890.3
67,161
212,409
233,402
1,141,216
48,327
47,748
543,323
86.8
696.4
28.9
54,866
(D)
(D)
2,920
9,103
898
(D)
(D)
217,173
1,113,168
47,810
42,862
514,020
81,273
2,916
7,970
903
13,344
77,092
4,559
84.0
654.9
27.9
2,980
51,756
8,686
1,882
153,581
46,002
(D)
(D)
(D)
90.1
(D)
6,883
107,191
39,891
2,681
9,278
69.4
4,874
6,870
Manufacturing..............................................................................
Of which:
Food....................................................................................
Petroleum and coal products............................................
Chemicals.........................
Nonmetallic mineral products...........................................
Primary and fabricated m etals........................................
Machinery.........................
Computers and electronic products.................................
Electrical equipment, appliances, and components.....
Transportation equipment.................................................
1,700,468
1,358,722
36,792
2,109.7
154,915
241,649
1,600,469
1,256,696
35,051
306,482
1,986.0
136,487
220,893
89,011
244,751
396,779
92,631
93,641
135,494
110,894
43,164
264,707
99,635
255,045
282,032
41,017
89,650
90,238
73,258
5,115
7,289
3,707
35,966
1,722
8,904
14,990
15,207
45,569
1,198
7,215
11,990
15,549
248,166
(D)
(D)
62,512
86,381
242,246
389,772
91,967
86,643
134,909
107,648
43,067
224,736
95,114
246,356
276,247
40,268
81,383
89,451
71,352
27,682
203,409
4,825
30,055
-1,706
-1,009
4,270
-1,248
1,507
4,486
213.3
L
303.3
116.0
163.5
214.5
158.2
67.9
462.4
29,621
-1,770
-1,234
4,213
-1,301
1,507
5,199
21,882
46,693
74,503
12,284
14,430
26,971
19,665
8,103
40,943
207.4
56.3
300.0
114.0
154.9
213.2
155.2
67.7
409.5
6,819
13,441
35,392
1,683
8,469
14,961
15,035
4,069
23,400
3,661
69,920
45,411
1,167
6,502
11,864
15,473
4,622
46,356
Wholesale trade..........................................................................
610,636
851,832
13,470
563.6
83,392
275,883
597,653
815,924
8,553
62,367
551.7
81,237
272,305
Retail trade..................................................................................
97,674
182,334
1,041
669.7
958
(D)
80,058
135,596
2,226
30,634
477.7
929
9,374
Information...................................................................................
Of which:
Publishing industries.........................................................
Telecommunications..........................................................
465,295
(D)
17,273
362.9
1,780
(D)
272,546
121,700
-1,340
37,424
245.3
1,390
(D)
(D)
(D)
(D)
(D)
(D)
(D)
L
M
(D)
(D)
312
(D)
80,277
77,228
32,388
36,160
453
-146
13,006
10,883
90.1
57.4
959
1
312
4
Finance and insurance..............................................................
8,218,021
361,842
25,736
406.6
0
(*)
8,190,454
354,593
25,078
68,754
398.6
0
(*)
Real estate and rental and leasing...........................................
166,204
28,674
253
40.5
77
136
132,801
23,794
-84
11,322
38.7
(D)
(D)
Professional, scientific, and technical services.......................
138,173
84,538
-2,147
262.7
(D)
277
134,046
81,892
-1,968
28,658
254.9
752
272
Other industries...........................................................................
940,819
(D)
24,048
1,386.5
(D)
(D)
821,679
295,754
18,390
103,696
1,317.5
(D)
(D)
United States...
(D)
155,773
By industry
(D)
(D)
(*) Less than $500,000
D Suppressed to avoid disclosure of data of individual companies.
Notes. The data in this table are from BEA s annual survey of the operations of U.S. affiliates of foreign companies; see
“U.S. Affiliates of Foreign Companies: Operations in 2010" in the August 2012 Survey of Current Business.
(D)
(D)
(D)
(D)
Size ranges are given in employment cells that are suppressed. The size ranges are: 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.
D-77
December 2012
H. C harts
T H E U .S. IN T H E IN T E R N A T IO N A L E C O N O M Y
BALANCE ON CURRENT ACCOUNT
CO M PO NENTS OF C URRENT ACCOUNT BALANCE
J jg rv ic e s
Income
Unilateral transfers
Goods
FINANCIAL FLOWS ON U.S. DIRECT INVESTM ENT ABROAD (OUTWARD)
AND FOREIGN DIRECT INVESTM ENT IN THE UNITED STATES (INWARD)
EXPORTS AND IM PORTS OF G OODS AND SERVICES
Inward
Outward
I I I I I I I I I I I I I II
92
94
96
98 2000 02
I I I I I I I
04
06
08
90
10
92
94
96
98 2000 02
04
06
08
10
12
NET INTERNATIONAL INVESTM ENT POSITION
VALUED AT CUR R EN T COST
SECURITIES TRANSACTIONS
Net foreign purchases of U.S. securities
Foreign assets in the United States
U.S. assets abroad
Net investm ent position
Net U.S. purchases of foreign securities
IDU
I
90
I
92
I
I
I
I
94
I
96
I
98
I
I
I
I
2000 02
I
I
I
04
I
06
I
I
I
08
I
I
10
I
I
12
Note. All series except those for the international investment position are quarterly and are seasonally adjusted when
adjusted data are available. The series are from tables F.2, with opposite signs in some cases, and G.1.
U.S. Bureauof EconomicAnalysis
90
I
92
I
I
94
I
I
96
I
I
I
I
I
98 2000
I
I
02
I
04
I
I
I
06
I
I
08
I
I
10 11
December 2012
D-78
R e g io n a l D a ta
I. State and R egional Tables
The tables in this section include the most recent estimates of state personal income and gross domestic product by
state. The sources of these estimates are noted.
The quarterly and annual estimates of state personal income and the estimates of gross domestic product by state
are available online at www.bea.gov. For information on state personal income, e-mail reis@bea.gov; write to the
Regional Economic Information System, BE-55, Bureau of Economic Analysis, U.S. Department of Commerce,
Washington, DC 20230; or call 202-606-5360. For information on gross domestic product by state, e-mail
gdpbystate@bea.gov; write to the Regional Product Division, BE-61, Bureau of Economic Analysis, U.S. Department
of Commerce, Washington, DC 20230; or call 202-606-5340.
Table 1.1. Personal Income by State and Region
[M illions of dollars, seasonally adjusted at annual rates]
2008
2010
2009
2011
Percent
change1
2012
Area
III
IV
lr
llr
III'
IVr
lr
llr
ll l r
IV r
lr
II'
lllr
IVr
r
IIP
United States 12,500,030 12,326,107 11,926,072 11,866,547 11,776,332 11,841,909 12,073,487 12,276,965 12,385,943 12,497,589 12,859,959 12,944,090 12,977,298 13,018,274 13,236,324 13,370,344
New England...................
681,492
695,130
707,596
714,195
719,230
737,460
747,288
742,460
745,143
757,216
765,105
714,986
707,780
683,893
678,218 684,073
Connecticut....................
Maine...............................
Massachusetts..............
New Hampshire.............
Rhode Island..................
Vermont..........................
203,108
48,634
336,465
58,123
44,005
24,651
Mideast.............................
2,278,336
Delaware........................
District of Columbia.......
Maryland........................
New Jersey.....................
New York........................
Pennsylvania..................
36,012
41,308
279,085
455,706
951,133
515,092
35,526
40,958
276,888
451,366
935,085
510,719
34,799
40,678
271,831
431,514
892,358
498,448
Great Lakes.....................
1,767,444
1,744,707
1,687,888
Illinois..............................
Indiana.............................
Michigan.........................
Ohio.................................
Wisconsin.......................
556,393
224,444
350,557
420,156
215,895
546,450
222,503
346,832
414,681
214,239
527,776
214,962
329,747
406,745
208,658
522,821
214,298
330,671
404,041
209,522
518,983
212,834
326,600
401,419
208,531
522,203
214,749
328,750
401,902
209,140
528,978
217,273
331,171
407,581
212,203
539,074
220,309
337,905
412,920
216,018
543,967
222,388
342,486
417,340
217,784
Plains................................
813,822
809,592
779,624
776,434
772,687
776,434
787,124
799,043
Iowa.................................
Kansas...........................
Minnesota.......................
Missouri..........................
Nebraska........................
North Dakota..................
South Dakota..................
115,599
114,044
229,519
222,697
72,835
26,988
32,141
114,932
112,718
225,608
226,287
71,489
26,815
31,743
111,624
108,555
217,152
215,518
70,172
25,891
30,713
112,189
107,886
216,218
214,099
69,326
26,018
30,697
112,023
106,847
215,082
212,432
69,241
26,322
30,741
112,744
107,146
216,619
212,473
69,961
26,494
30,996
113,424
108,022
220,920
215,395
70,427
27,604
31,331
115,287
109,617
224,123
217,771
71,887
28,386
31,972
Southeast........................
2,851,270
Alabama.........................
Arkansas........................
Florida.............................
Georgia...........................
Kentucky.........................
Louisiana........................
Mississippi......................
North Carolina...............
South Carolina...............
Tennessee......................
V irginia...........................
West Virginia..................
160,366
94,643
743,372
340,810
139,633
168,150
91,078
333,744
149,723
220,093
351,695
57,963
158,508
94,015
726,931
336,392
138,821
168,472
90,321
329,779
148,120
216,821
348,946
58,135
Southwest.......................
1,403,052
1,381,258
Arizona...........................
New Mexico....................
Oklahoma.......................
Texas...............................
226,720
67,535
139,697
969,099
222,979
67,128
136,516
954,636
Rocky Mountain..............
422,118
Colorado.........................
Idaho...............................
M ontana.........................
Utah.................................
Wyoming.........................
218,146
50,800
34,629
91,319
27,223
Far West..........................
2,249,001
Alaska..............................
California........................
Hawaii..............................
Nevada
O regon...........................
Washington.....................
31,012
1,622,554
55,503
105,935
141,695
292,303
198,794
48,386
334,265
57,738
43,959
24,638
201,620
48,887
340,418
58,411
44,800
25,094
206,828
50,453
348,731
60,102
45,603
25,742
2,250,543 2,169,627 2,180,464 2,167,784 2,188,386 2,230,460 2,274,291 2,282,940
2,815,262 2,739,561
154,538
92,754
699,346
327,489
136,731
164,496
88,976
319,901
144,508
212,853
340,574
57,395
188,258
47,953
322,964
55,624
42,646
24,047
186,802
47,872
321,337
55,720
42,444
24,043
189,118
48,095
323,738
56,041
42,841
24,241
193,345
48,132
328,998
56,769
43,468
24,418
208,204
50,732
355,198
60,682
46,390
26,083
207,035
50,874
351,854
60,392
46,274
26,031
207,248
51,415
353,188
60,746
46,234
26,312
2,294,821
2,361,922
35,755
43,359
282,526
445,062
958,087
518,151
36,199
43,809
285,440
445,746
963,004
520,622
37,230
45,005
291,781
459,575
993,769
534,561
1,726,226 1,743,965
1,754,583
1,806,831
546,701
223,492
344,613
420,426
219,350
562,388
230,644
356,246
432,369
225,185
563,981
231,907
356,128
435,352
226,184
562,499
233,907
358,270
438,401
226,684
561,782
233,885
361,963
441,150
226,116
808,791
817,135
848,659
855,806
858,902
116,238
111,051
227,679
219,226
72,833
28,962
32,802
117,242
112,131
230,690
220,721
73,612
29,633
33,106
124,745
115,932
236,880
226,044
77,658
31,402
35,998
125,630
117,212
238,514
228,066
78,117
31,895
36,372
126,421
118,026
237,989
229,026
78,469
32,553
36,418
2,727,342 2,706,121 2,718,582 2,779,739 2,823,470 2,851,019 2,872,261
2,949,618
34,594
40,469
272,128
431,160
904,825
497,289
34,328
39,958
270,836
429,606
899,858
493,198
34,301
40,200
272,121
431,545
912,498
497,720
34,727
42,154
276,512
439,821
931,438
505,807
1,681,353 1,668,367 1,676,744 1,697,207
154,672
91,650
688,061
327,207
137,332
161,840
89,137
322,060
144,366
212,729
340,789
57,499
153,426
91,166
679,239
324,389
136,736
160,672
88,350
321,442
143,620
211,088
339,096
56,897
154,112
91,605
682,704
325,002
137,543
160,905
88,744
321,778
144,877
213,651
340,563
57,096
157,884
92,652
705,811
329,970
139,323
165,281
90,037
327,411
146,881
218,683
347,680
58,127
1,331,836 1,311,918 1,299,210 1,308,209 1,347,623
35,217
43,006
280,741
444,337
958,163
512,827
160,847
94,393
719,434
333,930
140,997
167,786
91,529
330,581
149,194
222,756
353,357
58,667
163,023
95,469
728,931
336,638
142,157
170,486
92,241
331,481
150,180
224,431
356,494
59,489
163,503
95,810
735,297
340,946
142,732
171,265
92,594
333,829
150,878
226,793
358,978
59,636
166,852
98,714
752,849
350,900
147,130
175,230
94,590
344,753
155,078
232,410
370,065
61,048
1,376,051 1,396,832
210,069
51,905
360,368
61,402
47,006
26,466
211,966
52,363
364,552
62,043
47,465
26,717
1.0
1.0
0.9
0.9
1.2
1.0
1.0
0.9
2,374,826 2,378,406 2,384,930 2,414,679 2,438,147
1.0
37,764
46,084
298,081
464,003
997,078
541,921
38,126
46,650
302,995
472,197
1,003,796
550,914
38,413
47,158
305,711
475,767
1,015,341
555,758
0.8
1.1
0.9
0.8
1.2
0.9
1,813,552 1,819,761 1,824,895
1,856,488
1,873,971
0.9
573,597
239,029
366,833
446,802
230,228
578,212
241,704
370,704
451,093
232,258
0.8
1.1
1.1
1.0
0.9
863,702
878,057
887,430
1.1
127,333
118,374
239,279
229,738
78,635
33,376
36,967
128,769
119,475
244,755
233,111
80,712
34,260
36,974
130,050
120,619
247,008
235,611
81,474
34,969
37,699
1.0
1.0
0.9
1.1
0.9
2.1
2.0
2,982,564 3,030,623
37,826
45,585
294,703
463,087
994,825
538,801
37,579
45,718
296,377
463,314
995,066
540,352
2,968,887 2,974,531
167,206
98,745
757,479
352,591
148,305
176,385
95,148
348,016
156,412
234,158
372,443
61,999
167,652
99,363
754,385
354,395
149,025
176,638
95,619
349,133
156,524
234,971
374,497
62,328
3,062,383
1.0
168,360
99,686
756,717
354,683
149,579
177,171
95,895
349,718
156,909
235,077
376,242
62,527
170,211
100,556
768,985
361,565
152,728
178,582
96,863
356,638
159,652
240,612
381,023
63,207
171,600
101,745
778,447
364,588
154,167
180,497
98,027
360,164
161,344
243,034
385,017
63,752
0.8
1.2
1.2
0.8
0.9
1.1
1.2
1.0
1.1
1.0
1.0
0.9
1,413,465
1,455,275
1,468,614 1,478,749 1,485,247
1,513,992
1,528,448
1.0
217,570
68,398
134,992
975,872
219,123
68,964
136,648
988,731
225,600
70,495
140,217
1,018,963
227,028
71,107
142,099
1,028,379
232,019
72,257
146,486
1,063,231
235,121
72,553
148,227
1,072,547
1.3
0.4
1.2
0.9
408,375
413,001
419,172
430,080
211,029
49,419
34,040
88,473
25,414
213,470
49,833
34,224
89,475
25,999
217,166
50,355
34,578
90,770
26,302
222,695
51,725
35,579
93,131
26,950
215,485
65,651
130,230
920,470
213,803
65,567
126,662
905,885
210,609
65,374
124,997
898,231
211,596
65,751
124,927
905,935
213,370
66,968
130,007
937,278
216,296
67,871
132,819
959,065
227,350
71,223
143,814
1,036,362
229,168
71,468
145,316
1,039,295
413,280
402,175
395,692
392,605
392,992
403,342
212,695
50,037
34,309
89,599
26,639
208,286
48,190
33,015
87,578
25,106
204,301
47,854
32,764
86,833
23,940
202,826
47,671
32,748
85,933
23,426
203,086
47,846
32,790
85,833
23,437
208,515
48,702
33,532
87,890
24,703
434,586
436,498
439,208
445,647
449,756
0.9
225,303
52,124
35,885
94,163
27,111
226,055
52,266
35,947
94,915
27,314
227,589
52,351
36,394
95,394
27,480
230,203
53,256
37,334
97,191
27,662
232,436
53,625
37,603
98,258
27,834
1.0
0.7
0.7
1.1
0.6
2,203,685 2,131,467 2,111,852 2,091,341 2,096,491 2,132,863 2,161,913 2,175,200 2,206,922 2,270,114
2,280,531 2,287,991 2,292,586 2,339,622
2,365,104
1.1
31,130
1,586,550
55,233
103,235
139,687
287,850
32,846
1,644,013
58,790
100,985
145,441
298,456
34,271
1,704,833
60,875
103,000
150,661
311,463
0.9
1.1
1.3
1.1
1.0
1.0
29,690
1,535,078
54,364
98,424
135,082
278,828
29,807
1,518,564
54,415
96,895
134,219
277,952
29,817
1,504,853
53,871
95,222
132,934
274,644
30,092
1,508,211
54,125
95,180
133,393
275,488
30,753
1,536,022
55,007
95,382
135,844
279,857
p Preliminary
r Revised
1. Percent change from preceding period was calculated from unrounded data.
Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs
198,104
48,576
333,803
58,105
44,097
24,912
199,643
48,886
337,838
58,305
44,463
25,060
189,498
47,441
324,473
55,921
42,593
23,967
2012:11
31,121
1,559,112
55,516
96,549
137,138
282,477
31,461
1,567,759
56,160
97,316
138,574
283,930
31,639
1,593,944
56,645
97,759
139,727
287,209
32,488
1,638,856
58,429
100,082
143,871
296,387
33,204
1,648,784
59,061
100,827
145,522
300,593
33,473
1,648,900
59,776
100,767
146,365
303,305
33,971
1,686,207
60,094
101,890
149,172
308,287
from the estimate of personal income in the national income and product accounts because of differences in coverage, in
the methodologies used to prepare the estimates, and the timing of the availability of source data.
Source: Table 1 in the “Regional Quarterly Report” in the October 2012 Survey of Current Business
December 2012
S urvey
of
D-79
C u r r e n t B u s in e s s
Table I.2. Annual Personal Income and Per Capita Personal Income by State and Region
Personal income
Per capita personal income
Rank of
percent
change
Area
Millions of dollars
United States.....................
New England...............................................
11,900,562 12,451,660 11,852,715 12,308,496 12,949,905
688,585
713,073
681,919
709,038
743,088
197,029
201,954
188,419
198,178
207,329
46,354
48,469
47,840
48,620
50,869
322,543
335,753
323,128
335,264
352,243
56,418
58,162
55,827
57,898
60,480
42,661
44,122
42,631
44,207
46,125
23,580
24,074
24,612
24,871
26,042
2,177,747 2,271,110 2,176,565
2,270,628 2,375,021
34,702
35,854
34,506
35,475
37,600
37,525
41,015
40,326
43,082
45,598
264,798
271,729
277,793
295,236
281,305
436,120
430,956
462,494
454,206
443,742
915,526
902,384
949,250
952,673
995,185
489,076
496,664
512,992
514,352
538,909
1,702,732
1,764,222
1,678,588 1,730,495 1,816,260
532,587
554,521
522,946
562,662
539,680
214,641
214,211
224,188
220,866
232,586
344,234
328,942
358,152
351,009
339,044
404,623
403,527
419,173
414,567
436,818
206,648
215,330
208,963
216,339
226,042
758,810
812,501
776,295
856,767
803,023
107,500
115,583
112,145
126,032
115,548
104,847
113,633
107,609
110,205
117,386
216,840
228,069
216,268
225,853
238,166
209,131
223,554
213,630
218,278
228,218
67,569
72,567
69,675
72,190
78,220
23,637
26,880
26,181
28,646
32,306
29,285
30,787
32,215
32,303
36,439
2,728,855 2,843,864 2,722,901 2,831,622 2,968,900
151,999
160,179
154,187
161,314
167,517
89,312
91,794
94,461
99,127
94,581
721,052
687,337
740,676
755,358
722,368
330,702
326,022
353,142
340,819
335,371
132,703
139,491
137,086
141,302
148,510
156,618
167,935
161,978
168,704
176,356
86,585
91,220
88,801
91,600
95,313
316,956
332,733
321,295
330,826
347,905
142,167
149,325
144,343
156,231
149,283
211,342
219,359
212,580
234,154
223,166
335,319
350,091
340,256
354,127
373,312
54,100
57,576
57,222
58,980
61,976
1,290,504 1,395,093 1,312,793 1,383,493 1,471,971
218,588
226,465
212,873
227,287
216,590
63,036
67,338
65,586
68,050
71,073
124,762
126,704
138,298
133,616
142,862
884,119
962,992
907,630
965,236
1,030,750
396,108
418,744
395,866
410,972
435,093
205,242
216,030
204,625
225,410
212,545
49,077
50,801
47,891
49,577
52,116
32,464
34,490
32,829
34,094
35,952
85,106
86,544
90,610
89,152
94,401
24,220
23,977
26,813
25,604
27,214
2,157,219 2,233,054 2,107,787 2,169,225 2,282,806
28,108
29,852
30,809
31,243
33,003
1,566,400
1,516,677
1,610,698
1,564,209
1,645,138
52,555
54,194
55,314
55,832
59,014
103,710
105,824
96,430
96,751
100,665
133,821
133,907
140,976
137,821
145,300
272,625
289,434
276,728
283,368
299,685
2007
Connecticut.................................................
Maine............................................................
Massachusetts............................................
New Hampshire...........................................
Rhode Island...............................................
Vermont........................................................
Mideast........................................................
Delaware......................................................
District of Columbia....................................
M aryland......................................................
New Jersey..................................................
New Y ork......................................................
Pennsylvania...............................................
Great Lakes.................................................
Illinois...........................................................
Indiana..........................................................
Michigan.......................................................
Ohio..............................................................
Wisconsin....................................................
Plains...........................................................
Iowa....
Kansas
M innesota.....................................................
Missouri
Nebraska
North Dakota...............................................
South Dakota...............................................
Southeast....................................................
Alabama.......................................................
Arkansas ......................................................
Florida..........................................................
Georgia.........................................................
Kentucky.......................................................
Louisiana......................................................
Mississippi....................................................
North Carolina.............................................
South Carolina.............................................
Tennessee
Virginia
West V irginia...............................................
Southwest...................................................
Arizona.........................................................
New Mexico.................................................
Oklahoma....................................................
Texas ............................................................
Rocky Mountain..........................................
Colorado.......................................................
Idaho............................................................
M ontana.......................................................
Utah..............................................................
Wyoming.......................................................
Far West.......................................................
Alaska...........................................................
California......................................................
Hawaii...........................................................
Nevada.........................................................
O regon.........................................................
Washington..................................................
2008
2009r
2010'
2011r
2010
2011
5.2
4.8
4.6
4.6
5.1
4.5
4.3
4.7
4.6
6.0
58
5.0
4.2
4.5
4.8
5.0
4.3
5.3
5.6
5.4
4.5
6.7
9.1
6.5
5.5
4.6
8.4
12.8
12.8
4.8
3.8
4.8
4.6
5.3
5.1
4.5
4.1
5.2
4.7
4.9
5.4
5.1
2007
37
36
28
43
45
34
10
29
47
42
33
46
21
14
20
41
3
7
16
39
4
2
1
50
32
38
22
26
40
48
24
35
31
19
27
6.4
4.9
4.4
6.9
6.8
9
25
17
11
8
5.2
5.6
5.2
5.7
4.0
5.4
5.8
39,506
48,223
55,859
34,930
50,150
42,984
40,349
37,820
45,873
39,808
65 329
46,839
50,256
47,852
38,927
36,865
41,950
33,645
34,419
35,183
36,831
37,741
35,843
37,663
41,642
35,521
37,887
36,208
36,993
35,848
32,528
31,353
39,256
35,369
31,175
35,794
29,568
34,761
31,990
34,221
43,261
29,497
15
23
13
49
18
12
2008
40,947
49,726
56,959
36,429
51,902
44,199
41,822
39,433
47,627
40,565
70 686
48,864
52,141
49,408
40,674
38,125
43,502
34,894
35,288
36,401
38,172
40,126
38,314
40,466
43,466
37,738
40,396
40,877
40,313
2009r
38,637
47,344
52,900
35,981
49,578
42,418
40,460
38,530
45,398
38,695
68 093
47,419
49,221
46,739
39,210
36,211
40,865
33,163
33,221
35,001
36,859
38,068
36,977
37,988
40,950
35,837
38,438
39,372
38,147
37,532
39,249
41,154
30,809
33,364
31,778
42,828
40,404
42,713
41,034
40,242
35,919
35,159
41,504
42,107
31,556
34,405
32,121
45,353
44,053
32,881
36,016
33,509
47,898
41,161
42,898
43,749
41,893
40,952
35,777
35,906
42,024
45,665
43,647
42,925
36,964
37,527
43,878
38,064
39,469
42,724
32,607
33,651
32,761
45,281
42,272
41,316
43,211
39,946
39,872
35,950
42,192
44,180
33,110
35,323
34,025
49,104
44,816
44,003
41,520
39,879
37,407
44,106
2011r
36,675
34,992
32,406
31,688
36,849
33,887
31,754
36,062
30,013
34,001
31,448
33,711
42,929
30,968
35,578
33,560
32,200
34,082
36,595
43,269
39,791
49,056
55,427
36,629
51,143
43,968
42,001
39,736
47,106
39,425
71 220
48,621
50,428
49,119
40,444
37,264
42,025
34,028
34,326
35,931
38,010
39,101
37,882
38,545
42,528
36,406
39,445
42,462
39,558
36,047
33,710
32,373
38,345
34,531
32,504
37,116
30,841
34,604
32,193
35,103
44,134
31,806
33,773
32,940
35,535
38,222
36,906
35,441
31,675
34,329
37,098
2010 r
41,560
51,274
57,902
38,299
53,471
45,881
43,875
41,572
49,088
41,449
73 783
50,656
52,430
51,126
42,291
39,043
43,721
35,689
36,264
37,836
39,575
41,511
41,156
40,883
44,560
37,969
42,450
47,236
44,217
37,473
34,880
33,740
39,636
35,979
33,989
38,549
32,000
36,028
33,388
36,567
46,107
33,403
38,705
35,062
34,133
37,679
40,147
33,949
32,861
39,978
35,857
32,516
37,861
30,945
35,741
32,971
35,112
44,691
31,286
38,465
36,059
33,490
37,694
39,615
36,226
30
44
5
6
5.9
6.1
5.1
5.4
5.9
6.3
Dollars
36,900
Rank in
United
States
Percent of
the U.S.
average
2011
2011
r Revised
from the estimate of personal income in the national income and product accounts because of differences in coverage, in
1. Percent change was calculated from unrounded data.
the methodologies used to prepare the estimates, and the timing of the availability of source data.
Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs
Source: Table 2 in the “Regional Quarterly Report" in the October 2012 Survey of C urrent Business
1
29
2
9
15
21
22
5
3
4
20
16
40
36
31
27
23
24
11
30
19
7
12
100.0
123.4
139.3
92.2
128.7
110.4
105.6
100.0
118.1
99.7
177 5
121.9
126.2
123.0
101.8
93.9
105.2
85.9
87.3
91.0
95.2
99.9
99.0
98.4
107.2
91.4
102.1
113.7
106.4
90.2
42
45
26
39
44
28
50
37
48
35
8
47
41
43
32
25
83.9
81.2
95.4
86.6
81.8
92.8
77.0
86.7
80.3
88.0
110.9
80.4
93.1
84.4
82.1
90.7
96.6
13
49
38
46
6
106.0
79.1
86.7
80.6
115.3
94.4
103.2
10
17
18
34
33
14
109.9
105.0
103.3
88.9
90.3
105.6
D-80
Regional Data
December 2012
Table I.3. Disposable Personal Income and Per Capita Disposable Personal Income by State and Region
Per capita disposable personal income
Disposable personal ncome
Area
Millions of dollars
United States...................
New England
.............................
10,413,288 11,017,298 10,709,307 11,114,876 11,553,352
615,184
601,707
624,522
643,568
584,036
2007
C onnecticut...............................................
Maine
M assachusetts..........................................
New Hampshire.........................................
Rhode Island.............................................
Vermont
Mideast........
Delaware...
District of Columbia..................................
M aryland...
New Jersey
New York...
Pennsylvania.............................................
Great Lakes
2008
2009r
2010 r
2011'
Percent
change1
Rank of
percent
change
2010
2011
170,077
43,324
288,283
52,278
39,271
21,951
162,187
43,667
283,891
51,216
38,718
22,028
170,739
44,456
293,361
52,993
40,156
22,817
175,000
46,105
302,765
54,669
41,404
23,625
2.5
3.7
3.2
3.2
3.1
3.5
1,848,506
1,955,104
1,916,931
2,000,787
2,063,806
3.1
30,243
32,176
226,944
372,187
759,029
427,927
31,604
35,959
241,770
393,326
799,876
452,568
30,984
35,816
240,233
381,326
781,116
447,457
31,833
38,431
249,346
393,384
825,050
462,743
33,311
40,314
258,802
404,447
847,197
479,735
4.6
4.9
3.8
2.8
2.7
3.7
1,498,573
1,564,499
1,522,785
1,568,398
1,625,439
3.6
Illinois.........................................................
Indiana........................................................
Michigan.....................................................
Ohio............................................................
Wisconsin..................................................
464,450
190,383
305,994
355,910
181,836
489,178
200,262
313,486
371,607
189,965
471,539
195,553
300,992
366,259
188,442
486,347
201,169
309,478
375,818
195,585
499,291
209,840
322,467
391,876
201,965
2.7
4.3
4.2
4.3
3.3
Plains.........................................................
670,781
722,858
705,297
729,536
770,535
5.6
Iowa............................................................
Kansas
Minnesota..................................................
Missouri......................................................
Nebraska...................................................
North Dakota.............................................
South Dakota.............................................
95,877
92,554
188,367
185,762
60,174
21,337
26,710
103,697
101,132
199,352
199,662
65,179
24,244
29,594
102,561
97,759
193,514
194,947
63,747
24,010
28,759
105,659
99,967
202,077
199,467
65,961
26,225
30,180
114,547
105,682
209,822
206,664
70,862
29,062
33,897
8.4
5.7
3.8
3.6
7.4
10.8
12.3
2,429,703
2,558,964
2,494,452
2,596,805
2,694,313
3.8
136,352
80,465
642,460
292,117
118,249
142,008
79,543
278,855
127,171
192,528
291,099
48,857
145,028
85,443
672,332
305,357
124,604
150,581
83,912
296,214
135,223
201,933
306,593
51,743
142,015
84,381
633,781
297,089
125,171
148,997
82,884
292,058
133,063
199,146
303,466
52,402
148,762
87,190
666,740
305,561
128,935
156,093
85,148
301,232
137,802
209,152
316,001
54,190
152,988
90,545
689,361
318,309
134,393
161,530
87,906
313,877
142,847
217,420
328,790
56,346
2.8
3.8
3.4
4.2
4.2
3.5
3.2
4.2
3.7
4.0
4.0
4.0
1,158,581
1,258,919
1,211,912
1,277,624
1,343,549
5.2
194,674
56,682
111,142
796,084
205,121
61,330
124,270
868,198
196,760
60,359
116,264
838,529
200,008
63,115
123,031
891,469
207,538
65,365
130,151
940,495
3.8
3.6
5.8
5.5
347,479
372,421
359,671
373,670
391,171
4.7
178,875
43,654
28,842
74,949
21,159
190,913
45,723
30,884
81,055
23,846
184,692
44,119
29,923
78,959
21,978
191,596
45,794
31,203
81,700
23,377
200,688
47,725
32,559
85,658
24,541
4.7
4.2
4.3
4.8
5.0
1,875,628
1,969,350
1,896,552
1,943,534
2,020,971
4.0
25,320
1,351,033
46,629
92,006
117,516
243,123
27,815
1,409,761
49,522
95,960
124,089
262,201
27,394
1,355,340
49,451
88,353
120,689
255,326
28,685
1,389,654
51,243
88,813
123,979
261,161
29,935
1,443,892
53,717
91,328
129,171
272,928
4.4
3.9
4.8
2.8
4.2
4.5
Southeast
Alabama.....................................................
Arkansas ....................................................
Florida........................................................
Georgia.......................................................
Kentucky.....................................................
Louisiana....................................................
Mississippi.................................................
North Carolina...........................................
South Carolina...........................................
Tennessee.................................................
Virginia .......................................................
West Virginia.............................................
Southwest
Arizona.......................................................
New Mexico...............................................
Oklahoma.......................................
Texas.........
..........
Rocky Mountain
Colorado....
Idaho.........
..........
M ontana....
..........
Utah............................................................
Wyoming.....................................................
Far West
Alaska.........................................................
California....................................................
Hawaii.........................................................
Nevada.......................................................
O regon.......................................................
Washington................................................
2007
3.9
3.0
162,375
41,313
271,640
50,261
37,564
20,884
Dollars
50
32
42
43
44
37
12
30
47
48
33
49
16
21
17
40
2008
2009r
2010 r
2011r
34,569
40,901
36,230
42,900
34,910
41,775
35,932
43,209
37 078
44 407
46,034
31,132
42,235
38,293
35,528
33,496
47,969
32,562
44,564
39,728
37,224
35,169
45,535
32,842
43,558
38,915
36,747
35,255
47,753
33,492
44,751
40,244
38,152
36,454
48 873
34 713
45 960
41 472
39 383
37 714
38,937
41,001
39,983
41,508
42 656
34,692
56,017
40,143
42,889
39,673
34,060
35,757
61,973
42,528
45,152
41,633
35,883
34,746
60,477
41,923
43,552
40,458
35,325
35,378
63,532
43,097
44,705
42,539
36,386
36 721
65 233
44 404
45 850
43 524
37 647
32,445
33,809
32,850
33,773
34 941
36,583
29,843
30,595
30,947
32,408
38,376
31,170
31,516
32,270
33,676
36,848
30,275
30,398
31,769
33,239
37,872
30,994
31,333
32,572
34,364
38 797
32 199
32 651
33 943
35 359
33,363
35,699
34,586
35,523
37 333
3
6
29
35
4
2
1
31,967
33,248
36,174
31,551
33,740
32,685
33,741
34,374
36,015
37,993
33,704
36,283
36,869
37,033
33,816
34,511
36,642
32,703
35,167
36,106
35,634
34,640
34,964
38,051
33,268
36,042
38,873
36,958
37 406
36 807
39 257
34 383
38 457
42 492
41 133
31,918
33,208
32,056
33,058
34 007
45
28
39
23
18
38
41
20
34
26
24
25
29,180
28,247
34,977
31,242
27,780
32,455
27,163
30,583
28,616
31,175
37,556
26,639
30,738
29,724
36,289
32,126
29,046
33,948
28,466
31,819
29,857
32,323
39,139
28,116
29,848
29,128
33,978
30,880
28,994
33,172
28,013
30,907
28,991
31,580
38,288
28,360
31,087
29,843
35,392
31,462
29,659
34,341
28,669
31,509
29,717
32,899
39,382
29,223
31
30
36
32
30
35
29
32
30
33
40
30
32,522
34,711
32,844
34,077
35 328
31,564
28,482
30,581
33,404
32,661
30,502
33,871
35,715
31,019
29,634
31,274
33,809
31,187
30,551
32,720
35,301
32
31
34
36
33,391
35,102
33,322
34,126
35 287
37,236
29,004
29,898
28,851
39,560
39,044
29,800
31,630
30,437
43,670
37,145
28,383
30,410
28,993
39,256
37,957
29,148
31,488
29,436
41,408
39 221
30 111
32 618
30 405
43 194
36,754
38,159
36,355
36,878
37 978
37,220
37,270
35,441
35,373
31,570
37,626
40,461
38,513
37,173
36,162
32,926
39,956
39,196
36,669
36,719
32,910
31,688
38,295
40,167
37,218
37,586
32,842
32,300
38,731
41 420
38 308
39 073
33 536
33 361
39 960
31
36
5
7
11
19
15
9
8
14
27
10
46
22
13
Rank in
United
States
Percent of
the U.S.
average
2011
2011
854
819
173
430
758
308
514
505
528
954
608
369
015
392
327
631
r Revised
from the estimate of personal income in the national income and product accounts because of differences in coverage, in
1. Percent change was calculated from unrounded data.
the methodologies used to prepare the estimates, and the timing of the availability of source data.
Source: Table 3 in the “Regional Quarterly Report” in the October 2012 Survey of C urrent Business
Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs
100.0
119.8
1
29
2
8
13
20
131.8
93.6
124.0
111.9
106.2
101.7
115.0
24
4
3
5
21
99.0
175.9
119.8
123.7
117.4
101.5
17
40
36
33
27
104.6
86.8
88.1
91.5
95.4
94.2
100.7
22
23
14
30
18
7
10
100.9
99.3
105.9
92.7
103.7
114.6
110.9
42
44
26
39
45
28
50
38
46
32
11
48
85.9
83.1
97.6
87.5
83.0
95.2
79.6
87.7
82.3
91.6
109.5
81.9
91.7
95.3
41
43
31
25
86.3
84.7
92.6
98.8
15
49
37
47
6
105.8
81.2
88.0
82.0
116.5
95.2
102.4
9
19
16
34
35
12
111.7
103.3
105.4
90.4
90.0
107.8
December 2012
S urvey
of
D-81
C u r r e n t B u s in e s s
Table I.4. Gross Domestic Product (GDP) by State for Industries, 2011
[M illions o1 dollars]
State and region
Rank of
total GDP
by state
United States.............
New England.......................
Connecticut.......................
Maine..................................
Massachusetts..................
New Hampshire................
Rhode Island.....................
Vermont..............................
24
43
12
41
45
50
Mideast................................
Delaware............................
District of Columbia..........
M aryland............................
New Jersey........................
New Y ork............................
Pennsylvania.....................
40
15
7
3
6
Great Lakes........................
Illinois..
Indiana.
M ichigan............................
O hio....
W isconsin..........................
5
17
13
8
21
Plains.....
Iowa....................................
Kansas...............................
Minnesota..........................
M issouri..............................
Nebraska............................
North Dakota.....................
South Dakota.....................
30
31
16
22
36
46
47
Southeast............................
Alabam a.............................
Arkansas ...........................
Florida................................
Georgia
Kentucky............................
Louisiana...........................
Mississippi.........................
North Carolina...................
South Carolina...................
Tennessee.........................
Virginia ...............................
West V irginia.....................
26
34
4
11
28
23
35
9
27
18
10
39
Southwest...........................
Arizona...............................
New Mexico.......................
Oklahoma..........................
Texas ..................................
Transpor
tation and Information
utilities
Financial
activities
14,981,020
812,997
465,378
2,576
520,340
23,515
989,258
63,831
230,090
51,585
391,771
63,556
50,091
25,905
359
681
834
168
85
449
5,803
1,897
11,163
1,860
1,875
916
17,276
2,772
32,185
6,762
2,764
2,072
7,732
3,123
11,070
1,761
1,182
797
24,270
7,060
38,118
8,673
5,106
3,362
7,094
1,988
10,879
2,125
1,502
1,109
9,069
1,022
19,146
2,219
2,194
675
74,480
10,279
88,814
14,384
13,246
4,826
2,698,243
16,785
84,908
95,947
104,520
292,046
105,441
145,270
65,755
107,593
301,100
486,989
1,157,969
578,839
311
0
921
860
3,728
10,964
1,711
1,091
13,656
14,788
33,929
19,732
1,439
69
9,336
14,361
33,137
37,606
3,003
199
10,145
23,714
34,106
33,352
4,738
2,096
30,477
68,399
118,989
67,347
1,495
1,517
12,364
24,128
38,094
27,844
1,071
5,344
11,489
21,614
83,192
22,561
2,072,884
31,572
65,793
209,045
143,550
258,944
100,559
670,727
278,128
385,248
483,962
254,818
8,719
5,447
5,338
6,244
5,823
21,712
10,079
10,852
15,215
7,935
49,861
41,778
45,072
43,149
29,185
36,726
32,451
15,912
37,577
20,883
85,785
31,215
50,305
61,820
29,818
34,109
14,650
17,311
22,942
11,547
985,750
49,330
33,001
74,085
61,462
119,692
148,986
130,923
281,712
249,525
94,160
40,328
40,117
9,974
6,985
9,142
4,276
7,961
6,506
4,487
4,820
3,933
9,531
8,450
3,222
1,719
1,325
14,918
10,000
23,978
15,820
5,085
1,590
2,695
12,724
8,433
15,980
16,084
6,072
1,218
952
16,954
16,670
33,637
31,512
10,303
5,464
5,152
3,330,397
83,151
123,985
183,350
247,534
173,122
105,846
754,255
418,943
164,799
247,720
97,810
439,862
165,785
266,527
428,909
66,821
4,474
5,182
7,833
4,153
6,306
29,366
4,057
5,061
1,450
1,911
3,807
9,550
6,975
3,904
29,989
14,972
5,610
10,771
4,772
14,545
6,592
8,719
14,623
2,512
14,128
7,273
24,599
18,873
12,682
7,813
7,622
35,818
14,479
22,527
15,079
2,458
11,820
8,135
13,739
28,134
14,472
55,225
7,512
50,758
11,970
18,214
23,929
3,627
847,774 1,761,879
25,666
86,589
669,632
24,697
Pro
fessional
and
business
services
Education
Leisure
and health
and
services hospitality
Other
services
Government
662,324 3,007,880 1,897,945 1,320,503
206,030
34,325
117,580
97,596
585,705
29,735
368,747
18,479
1,883,655
82,379
28,666
5,008
68,355
7,494
5,601
2,456
23,087
6,861
50,318
7,399
6,530
3,401
6,299
2,363
15,018
2,573
2,027
1,455
4,945
1,272
8,789
1,672
1,124
676
21,009
7,258
37,082
6,465
6,854
3,711
669,935
407,126
269,907
101,302
66,549
338,508
31,959
13,023
62,933
116,962
332,567
112,491
7,021
26,952
46,492
77,865
168,565
80,231
4,375
7,974
28,824
43,757
112,202
72,774
1,648
4,360
10,791
15,596
48,913
19,994
984
7,404
7,955
10,234
25,214
14,758
5,999
37,564
55,716
54,710
125,333
59,185
59,384
403,341
257,059
196,834
71,331
52,818
222,653
22,345
5,599
10,180
13,667
7,593
150,215
43,658
70,288
89,007
50,173
96,101
23,013
52,345
61,256
24,343
57,388
25,377
38,218
49,954
25,898
23,942
9,874
13,535
15,804
8,176
17,645
6,906
10,184
11,626
6,457
66,179
28,080
45,707
55,701
26,987
51,534
38,770
187,962
103,323
90,638
33,193
24,033
118,728
7,338
7,465
11,864
12,576
7,922
2,789
1,579
4,086
5,780
10,106
13,974
2,845
1,062
917
32,811
20,645
60,426
39,908
17,169
7,526
9,478
9,330
12,975
35,436
32,362
8,727
2,283
2,210
11,601
10,836
27,858
25,315
7,896
3,273
3,859
4,260
3,858
9,756
10,383
2,405
1,073
1,458
3,396
3,340
6,563
6,831
2,196
796
911
16,775
20,001
27,436
32,034
12,356
5,031
5,095
409,219
162,833
119,177
602,668
399,044
284,929
137,571
85,582
491,355
22,690
15,024
105,912
57,026
20,898
23,689
12,237
46,224
21,641
36,781
39,322
7,775
9,814
7,046
36,913
24,355
10,151
12,674
5,702
15,323
8,133
13,727
15,386
3,610
4,043
2,686
31,482
25,709
4,389
4,008
1,987
13,016
4,244
7,978
18,002
1,633
26,002
16,252
170,330
75,990
23,163
28,907
13,677
91,106
25,461
43,202
80,400
8,179
17,708
10,161
94,342
53,244
13,814
18,820
7,032
46,833
18,088
30,460
83,616
4,926
14,399
9,366
74,165
32,677
15,657
16,559
8,285
34,100
12,521
30,450
30,166
6,584
5,275
3,135
46,502
15,226
5,668
8,808
4,439
13,897
7,405
11,611
13,022
2,584
5,485
2,682
21,141
9,663
3,972
5,192
2,527
9,382
4,620
7,797
11,539
1,583
30,308
15,000
97,307
58,922
28,019
25,888
17,960
63,799
29,181
33,150
80,020
11,801
162,521
78,800
115,103
123,279
221,230
91,745
57,740
293,412
196,832
133,851
62,906
42,906
220,634
258,447
79,414
154,966
1,308,132
7,622
7,996
18,428
128,475
12,086
3,387
5,357
57,970
17,151
4,939
9,801
83,212
4,676
960
8,831
108,812
33,413
7,702
17,738
162,377
12,605
3,331
8,375
67,434
6,603
2,184
4,050
44,903
60,021
12,363
21,615
199,413
29,341
9,387
13,449
144,655
24,985
6,561
12,299
90,005
11,401
3,056
4,945
43,504
5,922
2,087
3,689
31,209
32,621
15,461
26,390
146,162
522,326
36,296
21,162
30,946
20,014
58,431
23,739
29,690
96,070
64,012
37,719
21,219
13,555
69,474
19
42
48
33
49
264,308
57,927
37,990
124,483
37,617
13,528
4,227
3,481
3,492
11,567
9,462
2,455
1,883
5,705
1,657
12,232
5,813
725
11,769
406
8,363
2,068
1,561
5,839
2,183
28,896
7,382
4,551
14,253
3,349
9,814
2,567
2,699
5,620
3,040
22,652
1,146
913
4,468
511
48,581
9,324
6,343
27,509
4,313
39,671
6,646
2,982
13,075
1,638
18,631
5,088
3,816
8,564
1,619
11,922
1,944
1,830
4,065
1,459
6,605
1,355
1,065
3,831
699
33,952
7,913
6,140
16,292
5,177
2,757,463
83,147
89,177
216,950
121,749
315,729
109,085
177,968
548,463
352,969
209,030
128,449
64,823
339,925
51,376
1,958,904
66,991
130,366
194,742
355,083
12,862
52,425
467
6,811
3,479
7,103
1,832
58,959
3,738
5,392
6,372
12,883
207
131,299
292
3,874
50,905
30,372
1,905
98,563
1,076
1,346
5,097
13,763
3,171
228,355
6,634
13,024
19,855
44,690
5,674
72,434
4,168
7,126
6,543
13,140
1,130
136,046
1,547
2,373
5,589
31,283
5,823
405,260
13,364
32,525
31,051
60,440
3,286
272,248
6,124
13,069
17,308
40,934
3,155
149,884
5,230
7,638
16,231
26,892
1,543
81,094
6,067
21,122
5,819
12,805
847
47,617
1,735
2,473
4,128
8,023
9,941
224,720
16,548
13,593
22,365
52,757
44
1
38
32
25
14
Note. Totals shown for the United States differ from the national income and product account statistics of gross
domestic product (GDP) because GDP by state excludes and national GDP includes the compensation of federal civilian
and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad
Trade
1,800,958
Far West...............................
Alaska.................................
California...........................
Hawaii.................................
Nevada...............................
O regon...............................
Washington........................
NondurableNatural
Durable-goods
resources Construction
goods
manufacturing
and mining
manufacturing
20
37
29
2
Rocky Mountain.................
Colorado............................
Idaho..................................
M ontana............................
Utah....................................
Wyoming............................
Total
and for military equipment, except office equipment. Also, GDP by state and national GDP have different revision schedules.
Source: This table reflects the GDP by state statistics for 2011 that were released on June 5, 2012.
December 2012
D-82
J. L o c a l A re a T a b le s
Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2009-2011— Continues
Personal income
2009
United States3...................................................
Metropolitan portion.............................................................
Nonmetropolitan portion......................................................
Percent change from
preceding period 2
Millions of dollars
Area
2010
Per capita personal income 1
2011
2010
2011
Rank in
United
States
Dollars
2009
2010
2011
11,852,715 12,308,496 12,949,905
10,316,794 10,718,343 11,271,658
1,535,921
1,590,153 1,678,247
3.8
3.9
3.5
5.2
5.2
5.5
38,637
40,227
30,532
39,791
41,404
41,560
43,169
31,516
33,240
5,920
28,066
5,018
39,168
31,459
5,679
33,075
4,386
9,383
3,356
18,914
3,992
5,854
14,204
3,741
8,983
14,639
6,051
212,830
11,046
4,190
19,463
72,152
26,744
139,528
5,220
11,968
31,510
4,544
3,614
15,082
7,759
5,946
6,309
9,000
46,215
4,709
4,831
6,004
7,132
21,512
265,794
15,536
4,010
10,842
72,687
9,623
3,693
45,499
4,808
9,320
14,030
27,161
3,290
2,208
4,132
11,075
8,654
11,949
25,706
72,220
9,042
19,236
4,345
436,998
7,347
87,485
11,015
3,630
4.8
2.5
2.8
5.0
2.0
1.9
2.8
3.1
5.7
3.9
5.0
1.9
4.2
3.9
2.4
4.1
1.9
1.8
2.9
2.7
4.5
4.0
6.5
6.7
3.5
0.4
4.7
3.2
3.1
2.7
5.3
2.9
2.3
3.6
3.1
4.4
7.4
1.1
1.8
3.7
4.3
4.0
3.0
4.5
1.1
9.1
6.6
1.4
4.2
2.2
3.1
2.6
6.4
3.0
-0.7
10.2
3.8
5.7
2.3
5.2
4.4
3.1
5.6
4.1
3.2
2.6
2.5
5.1
4.4
5.2
5.1
4.2
4.2
3.8
3.6
4.4
4.8
5.2
6.2
5.5
3.4
4.5
6.8
2.6
6.0
4.5
3.8
5.6
3.5
5.6
4.9
7.2
6.6
5.5
4.1
4.9
4.7
2.7
5.3
5.7
5.4
4.9
5.8
3.6
4.7
7.9
5.4
4.5
4.9
4.6
5.2
5.2
5.2
4.7
4.3
4.6
4.0
4.4
4.7
5.0
5.8
5.4
3.8
2.7
7.7
6.9
3.4
5.0
6.5
6.4
5.7
4.8
6.5
4.0
4.3
4.9
9.9
5.3
32,750
37,018
29,648
41,193
33,881
35,137
37,675
31,930
34,105
34,079
45,625
28,795
28,821
37,243
30,055
36,253
32,597
29,833
37,502
37,925
27,398
32,428
37,560
28,342
47,417
32,455
50,438
36,642
31,486
30,970
35,023
35,784
35,204
36,799
33,405
37,592
37,915
27,919
29,549
38,841
32,248
53,636
48,891
29,304
41,171
70,175
21,570
31,449
36,830
29,962
40,889
31,890
39,563
32,201
39,071
46,261
38,828
34,320
36,544
35,001
37,368
41,488
33,173
43,328
43,145
31,267
38,332
35,326
28,696
33,953
37,978
30,553
43,172
34,039
35,579
38,522
32,951
35,563
35,292
46,815
29,322
29,923
38,515
30,775
37,495
32,928
30,238
38,142
38,843
28,188
33,216
38,953
29,772
48,732
32,581
52,796
37,397
32,520
31,852
36,683
36,511
35,874
37,629
34,545
39,108
39,916
28,125
29,719
40,026
33,265
55,392
50,031
30,182
41,135
75,890
22,557
31,551
38,379
30,289
41,960
32,809
41,548
32,877
38,948
50,838
40,092
36,058
37,392
36,155
38,492
42,344
34,684
44,285
44,338
32,033
39,105
36,425
29,730
35,571
40,011
31,821
44,944
35,007
36,758
40,095
34,511
36,968
37,429
48,810
30,421
31,059
40,821
31,758
39,504
34,122
31,302
39,713
40,262
29,208
34,640
40,455
31,400
51,126
33,940
55,465
38,985
33,541
33,737
38,620
38,098
37,084
39,405
35,990
40,816
42,468
29,733
30,915
41,816
34,274
57,893
51,893
31,422
42,580
78,504
23,236
32,708
40,121
31,363
43,853
34,739
43,022
33,907
39,833
54,108
42,503
37,246
39,348
37,685
40,223
44,350
36,066
46,882
45,977
33,356
40,918
39,666
31,073
2011
Percent change from
preceding period
2010
2011
3.0
2.9
3.2
4.3
5.5
4.4
3.7
2.6
3.1
4.8
0.5
1.3
2.2
3.2
4.3
3.6
2.6
1.8
3.8
3.4
2.4
3.4
1.0
1.4
1.7
2.4
2.9
2.4
3.7
5.0
2.8
0.4
4.7
2.1
3.3
2.8
4.7
2.0
1.9
2.3
3.4
4.0
5.3
0.7
0.6
3.1
3.2
3.3
2.3
3.0
-0.1
8.1
4.6
0.3
4.2
1.1
2.6
2.9
5.0
2.1
-0.3
9.9
3.3
5.1
2.3
3.3
3.0
2.1
4.6
2.2
2.8
2.4
2.0
3.1
3.6
4.8
5.4
4.2
4.1
2.8
3.3
4.1
4.7
4.0
6.1
4.3
3.7
3.8
6.0
3.2
5.4
3.6
3.5
4.1
3.7
3.6
4.3
3.9
5.5
4.9
4.2
5.1
4.2
3.1
5.9
5.3
4.3
3.4
4.7
4.2
4.4
6.4
5.7
4.0
4.5
3.0
4.5
3.7
4.1
3.5
3.4
3.0
3.7
4.5
3.5
4.5
5.9
3.5
3.1
2.3
6.4
6.0
3.3
5.2
4.2
4.5
4.7
4.0
5.9
3.7
4.1
4.6
8.9
4.5
Metropolitan statistical areas4
Abilene, TX ...........................................................................
Akron, OH............................................................................
Albany, GA............................................................................
Albany-Schenectady-Troy, NY...............................................
Albuquerque, NM..................................................................
Alexandria, LA.......................................................................
Allentown-Bethlehem-Easton, PA-NJ....................................
Altoona, PA............................................................................
Amarillo, TX...........................................................................
Ames, IA...............................................................................
Anchorage, AK......................................................................
Anderson, IN.........................................................................
Anderson, SC........................................................................
Ann Arbor, Ml........................................................................
Anniston-Oxford, AL..............................................................
Appleton, Wl.........................................................................
Asheville, NC.........................................................................
Athens-Clarke County, GA....................................................
Atlanta-Sandy Springs-Marietta, GA.....................................
Atlantic City-Hammonton, NJ................................................
Auburn-Opelika, AL...............................................................
Augusta-Richmond County, GA-SC......................................
Austin-Round Rock-San Marcos, TX....................................
Bakersfield-Delano, CA.........................................................
Baltimore-Towson, MD..........................................................
Bangor, ME...........................................................................
Barnstable Town, MA............................................................
Baton Rouge, LA...................................................................
Battle Creek, Ml....................................................................
Bay City, Ml...........................................................................
Beaumont-Port Arthur, TX ....................................................
Bellingham, WA.....................................................................
Bend, OR..............................................................................
Billings, MT...........................................................................
Binghamton, NY....................................................................
Birmingham-Hoover, AL........................................................
Bismarck, ND........................................................................
Blacksburg-Christiansburg-Radford, VA................................
Bloomington, IN....................................................................
Bloomington-Normal, IL........................................................
Boise City-Nampa, ID...........................................................
Boston-Cambridge-Quincy, MA-NH......................................
Boulder, CO ..........................................................................
Bowling Green, KY................................................................
Bremerton-Silverdale, WA.....................................................
Bridgeport-Stamford-Norwalk, CT.........................................
Brownsville-Harlingen, TX.....................................................
Brunswick, GA.......................................................................
Buffalo-Niagara Falls, NY......................................................
Burlington, NC.......................................................................
Burlington-South Burlington, VT...........................................
Canton-Massillon, OH...........................................................
Cape Coral-Fort Myers, FL...................................................
Cape Girardeau-Jackson, MO-IL..........................................
Carson City, NV.....................................................................
Casper, WY...........................................................................
Cedar Rapids, IA....
Champaign-Urbana, IL..........................................................
Charleston, WV.....................................................................
Charleston-North Charleston-Summerville, SC ....................
Charlotte-Gastonia-Rock Hill, NC-SC...................................
Charlottesville, VA...
Chattanooga, TN-GA............................................................
Cheyenne, WY......................................................................
Chicago-Joliet-Naperville, IL-IN-WI.......................................
Chico, CA..............................................................................
Cincinnati-Middletown, OH-KY-IN.........................................
Clarksville, TN-KY.................................................................
Cleveland, TN.......................................................................
See the footnotes at the end of the table.
5,367
26,037
4,683
35,812
29,695
5,382
30,810
4,060
8,435
3,043
17,089
3,789
5,376
12,794
3,557
8,143
13,756
5,729
195,869
10,393
3,796
17,836
63,189
23,528
127,838
4,991
10,894
29,163
4,292
3,342
13,559
7,152
5,539
5,759
8,424
42,301
4,063
4,534
5,639
6,554
19,714
242,823
14,334
3,648
10,243
63,889
8,635
3,502
41,816
4,493
8,604
12,920
24,224
3,080
2,165
3,481
9,975
7,922
11,124
22,941
65,007
8,299
17,385
3,918
406,835
6,872
81,393
9,531
3,303
5,625
26,693
4,815
37,601
30,293
5,483
31,677
4,186
8,918
3,161
17,936
3,860
5,604
13,297
3,645
8,473
14,013
5,831
201,632
10,669
3,968
18,548
67,321
25,092
132,286
5,012
11,403
30,088
4,425
3,431
14,275
7,361
5,666
5,965
8,687
44,156
4,363
4,586
5,743
6,798
20,560
252,553
14,768
3,813
10,355
69,692
9,202
3,550
43,571
4,590
8,875
13,261
25,779
3,171
2,150
3,837
10,356
8,371
11,378
24,141
67,899
8,552
18,355
4,080
419,999
7,047
83,388
10,022
3,448
202
106
305
42
226
182
104
244
176
164
21
336
329
89
308
121
256
324
116
99
351
238
96
317
15
258
9
132
265
262
140
153
172
123
196
90
71
346
332
78
250
7
13
315
68
1
365
290
103
321
51
233
64
259
113
11
69
169
125
159
100
47
195
29
33
274
88
117
328
December
2012
S urvey
of
D-83
C u r r e n t B u s in e s s
Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2009-2011— Continues
Personal income
Area
Cleveland-Elyria-Mentor, OH.................................................
Coeur d’Alene, ID..................................................................
College Station-Bryan, TX.....................................................
Colorado Springs, CO..........................................................
Columbia, MO.......................................................................
Columbia, S C ........................................................................
Columbus, GA-AL.................................................................
Columbus, IN........................................................................
Columbus, OH......................................................................
Corpus Christi, TX................................................................
Corvallis, OR.........................................................................
Crestview-Fort Walton Beach-Destin, FL..............................
Cumberland, MD-WV............................................................
Dallas-Fort Worth-Arlington, TX............................................
Dalton, GA............................................................................
Danville, IL............................................................................
Danville, VA..........................................................................
Davenport-Moline-Rock Island, IA-IL.....................................
Dayton, OH...........................................................................
Decatur, AL...........................................................................
Decatur, IL............................................................................
Deltona-Daytona Beach-Ormond Beach, FL.........................
Denver-Aurora-Broomfield, CO .............................................
Des Moines-West Des Moines, IA........................................
Detroit-Warren-Livonia, Ml.....................................................
Dothan, AL...........................................................................
Dover, DE.............................................................................
Dubuque, IA..........................................................................
Duluth, MN-WI......................................................................
Durtiam-Chapel Hill, NC........................................................
Eau Claire, Wl.......................................................................
El Centro, CA.........................................................................
Elizabethtown, KY.................................................................
Elkhart-Goshen, IN................................................................
Elmira, NY.............................................................................
El Paso, TX...........................................................................
Erie, PA..................................................................................
Eugene-Springfield, O R........................................................
Evansville, IN-KY...................................................................
Fairbanks, AK........................................................................
Fargo, ND-MN......................................................................
Farmington, NM....................................................................
Fayetteville, NC......................................................................
Fayetteville-Springdale-Rogers, AR-MO................................
Flagstaff, AZ.........................................................................
Flint, Ml.................................................................................
Florence, SC.........................................................................
Florence-Muscle Shoals, AL..................................................
Fond du Lac, Wl...................................................................
Fort Collins-Loveland, CO.....................................................
Fort Smith, AR-OK...............................................................
Fort Wayne, IN......................................................................
Fresno, CA............................................................................
Gadsden, AL.........................................................................
Gainesville, FL.......................................................................
Gainesville, GA......................................................................
Glens Falls, NY.....................................................................
Goldsboro, NC......................................................................
Grand Forks, ND-MN
Grand Junction, CO
Grand Rapids-Wyoming, Ml..................................................
Great Falls, MT
Greeley, CO
Green Bay, Wl
Greensboro-High Point, NC...................................................
Greenville, NC.......................................................................
Greenville-Mauldin-Easley, S C ..............................................
Gulfport-Biloxi, MS................................................................
Hagerstown-Martinsburg, MD-WV........................................
Hanford-Corcoran, CA...........................................................
Harrisburg-Carlisle, PA..........................................................
Harrisonburg, VA...................................................................
Hartford-West Hartford-East Hartford, CT.............................
Hattiesburg, MS.....................................................................
Hickory-Lenoir-Morganton, NC..............................................
Hinesville-Fort Stewart, GA...................................................
See the footnotes at the end of the table.
Per capita personal income 1
Percent change from
preceding period2
Millions of dollars
2009
2010
2011
80,932
4,272
6,250
23,487
5,948
25,624
10,376
2,724
67,986
14,722
3,082
7,120
3,117
253,559
3,718
2,452
3,120
14,592
29,226
4,678
4,235
15,335
114,885
23,386
157,859
4,629
5,056
3,283
9,328
19,899
5,411
4,714
3,917
5,751
2,877
21,457
8,920
11,370
12,477
3,805
7,963
3,752
14,318
14,500
4,449
12,146
6,379
4,343
3,490
11,067
9,022
13,580
27,683
3,086
8,707
5,345
4,331
3,562
3,476
5,013
24,508
2,966
6,948
11,132
24,142
5,720
20,645
8,498
8,669
3,787
21,135
3,664
59,406
4,237
10,622
1,985
83,241
4,412
6,628
24,722
6,218
26,334
10,827
2,847
70,531
15,693
3,182
7,433
3,216
268,492
3,766
2,544
3,178
15,201
30,092
4,806
4,308
15,997
119,986
24,463
161,676
4,900
5,225
3,408
9,664
20,518
5,660
4,817
4,301
6,087
3,040
23,047
9,170
11,680
12,980
3,921
8,421
3,804
15,038
15,337
4,447
12,537
6,557
4,576
3,604
11,454
9,195
13,929
28,539
3,232
9,123
5,493
4,585
3,651
3,646
4,923
25,625
3,105
7,232
11,587
24,746
5,889
21,527
8,697
8,944
4,121
21,706
3,778
61,302
4,355
10,763
2,011
87,622
4,647
6,932
26,409
6,567
27,471
11,651
3,087
74,688
16,655
3,323
7,914
3,349
285,260
3,890
2,659
3,308
16,070
31,626
4,941
4,495
16,544
127,324
26,092
171,473
5,079
5,489
3,680
10,141
21,435
5,874
5,020
4,700
6,392
3,155
24,696
9,756
12,214
13,639
4,228
9,068
4,022
16,184
16,172
4,621
13,108
6,754
4,719
3,766
12,150
9,537
14,698
29,741
3,321
9,455
5,858
4,801
3,865
3,862
5,173
27,305
3,228
7,756
12,084
25,880
6,188
22,684
8,853
9,395
4,522
22,751
3,964
64,401
4,544
11,249
2,154
2010
2.9
3.3
6.0
5.3
4.5
2.8
4.3
4.5
3.7
6.6
3.2
4.4
3.2
5.9
1.3
3.8
1.9
4.2
3.0
2.7
1.7
4.3
4.4
4.6
2.4
5.9
3.3
3.8
3.6
3.1
4.6
2.2
9.8
5.8
5.7
7.4
2.8
2.7
4.0
3.0
5.8
1.4
5.0
5.8
0.0
3.2
2.8
5.4
3.2
3.5
1.9
2.6
3.1
4.8
4.8
2.8
5.9
2.5
4.9
-1.8
4.6
4.7
4.1
4.1
2.5
3.0
4.3
2.3
3.2
8.8
2.7
3.1
3.2
2.8
1.3
1.3
2011
5.3
5.3
4.6
6.8
5.6
4.3
7.6
8.4
5.9
6.1
4.5
6.5
4.1
6.2
3.3
4.5
4.1
5.7
5.1
2.8
4.3
3.4
6.1
6.7
6.1
3.6
5.1
8.0
4.9
4.5
3.8
4.2
9.3
5.0
3.8
7.2
6.4
4.6
5.1
7.8
7.7
5.7
7.6
5.4
3.9
4.6
3.0
3.1
4.5
6.1
3.7
5.5
4.2
2.8
3.6
6.6
4.7
5.8
5.9
5.1
6.6
4.0
7.2
4.3
4.6
5.1
5.4
1.8
5.0
9.7
4.8
4.9
5.1
4.3
4.5
7.1
Rank in
United
States
Dollars
2009
2010
2011
38,890
31,092
27,766
37,221
34,836
33,743
35,418
35,579
37,310
34,456
36,098
39,306
30,210
40,326
26,386
30,008
29,189
38,591
34,738
30,521
38,247
30,998
45,781
41,568
36,612
32,055
31,585
35,317
33,379
39,818
33,761
27,408
33,935
29,119
32,381
27,272
31,876
32,407
34,932
39,955
38,612
29,004
39,482
31,858
33,331
28,379
31,143
29,551
34,432
37,302
30,373
32,767
30,042
29,602
33,044
29,945
33,634
29,386
35,488
33,905
31,688
36,757
27,996
36,536
33,582
30,615
32,628
34,570
32,423
24,872
38,648
29,518
49,112
29,995
29,052
24,550
40,106
31,761
28,883
37,999
35,875
34,202
36,621
37,023
38,320
36,654
37,201
41,109
31,134
41,948
26,463
31,187
29,881
39,978
35,733
31,219
38,896
32,339
46,969
42,772
37,680
33,585
32,078
36,303
34,547
40,561
35,070
27,503
35,484
30,815
34,227
28,665
32,627
33,193
36,156
39,898
40,216
29,218
40,900
32,928
33,035
29,492
31,878
31,082
35,445
38,109
30,758
33,419
30,583
30,949
34,505
30,491
35,530
29,722
36,988
33,647
33,090
38,090
28,447
37,730
34,123
30,970
33,691
34,821
33,156
26,905
39,388
30,123
50,559
30,377
29,459
25,987
42,365
32,923
29,928
39,994
37,350
35,350
38,653
39,645
40,188
38,609
38,677
43,132
32,547
43,708
27,249
32,619
31,297
42,141
37,410
32,071
40,591
33,436
48,980
44,966
40,009
34,654
33,302
38,886
36,242
41,785
36,111
28,351
38,597
32,131
35,517
30,088
34,721
34,561
37,899
42,626
42,740
31,373
43,254
34,130
34,353
31,057
32,762
32,038
36,897
39,767
31,782
35,042
31,542
31,844
35,497
32,001
37,216
31,245
39,382
35,169
35,024
39,448
29,986
39,046
35,405
32,111
35,038
34,922
34,604
29,407
41,148
31,324
53,081
31,248
30,857
26,726
2011
73
283
343
109
168
212
138
118
101
141
136
60
294
52
358
292
325
75
166
300
94
269
19
41
107
237
276
134
190
79
192
356
142
297
205
339
234
242
156
67
66
320
57
255
247
330
287
301
178
115
306
223
313
304
206
303
170
327
124
219
225
122
340
129
210
299
224
228
239
349
86
323
12
326
334
361
Percent change from
preceding period
2010
3.1
2.2
4.0
2.1
3.0
1.4
3.4
4.1
2.7
6.4
3.1
4.6
3.1
4.0
0.3
3.9
2.4
3.6
2.9
2.3
1.7
4.3
2.6
2.9
2.9
4.8
1.6
2.8
3.5
1.9
3.9
0.3
4.6
5.8
5.7
5.1
2.4
2.4
3.5
-0.1
4.2
0.7
3.6
3.4
-0.9
3.9
2.4
5.2
2.9
2.2
1.3
2.0
1.8
4.6
4.4
1.8
5.6
1.1
4.2
-0.8
4.4
3.6
1.6
3.3
1.6
1.2
3.3
0.7
2.3
8.2
1.9
2.0
2.9
1.3
1.4
5.9
2011
5.6
3.7
3.6
5.3
4.1
3.4
5.5
7.1
4.9
5.3
4.0
4.9
4.5
4.2
3.0
4.6
4.7
5.4
4.7
2.7
4.4
3.4
4.3
5.1
6.2
3.2
3.8
7.1
4.9
3.0
3.0
3.1
8.8
4.3
3.8
5.0
6.4
4.1
4.8
6.8
6.3
7.4
5.8
3.7
4.0
5.3
2.8
3.1
4.1
4.4
3.3
4.9
3.1
2.9
2.9
5.0
4.7
5.1
6.5
4.5
5.8
3.6
5.4
3.5
3.8
3.7
4.0
0.3
4.4
9.3
4.5
4.0
5.0
2.9
4.7
2.8
D-84
Regional Data
December 2012
Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2009-2011—Continues
Per capita personal income 1
Personal income
Holland-Grand Haven, Ml.....................................................
Honolulu, HI..........................................................................
Hot Springs, AR....................................................................
Houma-Bayou Cane-Thibodaux, LA.....................................
Houston-Sugar Land-Baytown, TX.......................................
Huntington-Ashland, WV-KY-OH...........................................
Huntsville, AL........................................................................
Idaho Falls, ID.......................................................................
Indianapolis-Carmel, IN........................................................
Iowa City, IA
Ithaca, NY...
Jackson, Ml.
Jackson, MS
Jackson, TN
Jacksonville, FL.....................................................................
Jacksonville, NC....................................................................
Janesville, Wl........................................................................
Jefferson City, MO..
Johnson City, TN....
Johnstown, PA.......
Jonesboro, AR......
Joplin, MO.............................................................................
Kalamazoo-Portage, Ml........................................................
Kankakee-Bradley, IL............................................................
Kansas City, MO-KS.............................................................
Kennewick-Pasco-Richland, WA...........................................
Killeen-Temple-Fort Hood, TX...............................................
Kingsport-Bristol-Bristol, TN-VA............................................
Kingston, NY.........................................................................
Knoxville, TN.........................................................................
Kokomo, IN............................................................................
La Crosse, WI-MN.
Lafayette, IN..........
Lafayette, LA.........
Lake Charles, LA...
Lake Havasu City-Kingman, AZ............................................
Lakeland-Winter Haven, FL..................................................
Lancaster, PA........................................................................
Lansing-East Lansing, Ml.....................................................
Laredo, TX............................................................................
Las Cruces, NM....................................................................
Las Vegas-Paradise, NV.......................................................
Lawrence, KS........................................................................
Lawton, OK...........................................................................
Lebanon, PA..........................................................................
Lewiston, ID-WA....
Lewiston-Auburn, ME............................................................
Lexington-Fayette, KY
Lima, OH...............
Lincoln, NE............
Little Rock-North Little Rock-Conway, AR.............................
Logan, UT-ID.........................................................................
Longview, TX.........................................................................
Longview, WA........................................................................
Los Angeles-Long Beach-Santa Ana, CA.............................
Louisville-Jefferson County, KY-IN........................................
Lubbock, TX..........................................................................
Lynchburg, VA.......................................................................
Macon, GA............................................................................
Madera-Chowchilla, CA........................................................
Madison, Wl..........................................................................
Manchester-Nashua, NH......................................................
Manhattan, K S......................................................................
Mankato-North Mankato, MN................................................
Mansfield, OH.......................................................................
McAllen-Edinburg-Mission, TX..............................................
Medford, OR..........................................................................
Memphis, TN-MS-AR............................................................
Merced, CA...........................................................................
Miami-Fort Lauderdale-Pompano Beach, FL........................
Michigan City-La Porte, IN....................................................
Midland, TX...........................................................................
Milwaukee-Waukesha-West Allis, Wl....................................
Minneapolis-St. Paul-Bloomington, MN-WI...........................
Missoula, MT.........................................................................
See the footnotes at the end of the table.
Percent change from
preceding period2
Millions of dollars
Area
2009
2010
2011
8,213
41,309
3,170
8,063
252,026
8,853
15,417
4,104
65,993
5,833
3,437
4,630
18,889
3,621
50,738
7,326
4,955
5,039
5,982
4,574
3,613
5,162
10,678
3,580
82,310
8,507
14,991
9,465
6,659
23,702
3,057
4,737
5,907
10,854
6,754
4,987
18,297
18,244
14,930
5,567
5,841
67,781
3,666
4,118
4,739
2,052
3,748
16,656
3,150
10,983
26,272
3,253
7,370
3,164
537,827
46,336
9,121
8,002
7,719
3,766
24,218
17,795
4,947
3,211
3,598
15,332
6,691
47,485
6,583
222,836
3,277
7,077
64,899
146,692
3,655
8,514
42,397
3,275
8,495
268,695
9,081
16,278
4,213
68,429
5,950
3,539
4,760
19,565
3,774
52,940
7,892
5,113
5,154
6,213
4,531
3,742
5,313
10,911
3,656
84,533
9,105
15,348
9,728
6,964
24,801
3,067
4,943
6,026
11,555
6,913
5,073
19,530
18,877
15,532
5,961
6,195
67,738
3,586
4,447
4,919
2,120
3,741
17,122
3,202
11,279
26,914
3,382
7,822
3,241
550,283
48,093
9,710
8,212
7,944
4,071
25,019
18,434
5,265
3,394
3,640
16,511
6,814
49,138
6,956
233,377
3,346
7,982
66,928
152,789
3,723
8,995
44,927
3,434
8,843
289,790
9,437
17,073
4,427
72,161
6,393
3,689
5,015
20,476
3,951
55,375
8,296
5,332
5,335
6,543
4,716
3,948
5,555
11,419
3,771
88,392
9,652
16,476
10,234
7,223
26,037
3,266
5,135
6,464
12,253
7,295
5,291
20,385
19,653
16,049
6,409
6,400
70,289
3,746
4,653
5,169
2,201
3,887
18,098
3,369
11,959
28,324
3,520
8,397
3,341
575,045
50,546
10,026
8,556
8,281
4,378
26,497
19,274
5,678
3,638
3,794
17,248
7,087
51,198
7,406
244,224
3,525
9,144
69,691
161,468
3,876
2010
3.7
2.6
3.3
5.4
6.6
2.6
5.6
2.6
3.7
2.0
3.0
2.8
3.6
4.2
4.3
7.7
3.2
2.3
3.9
-0.9
3.6
2.9
2.2
2.1
2.7
7.0
2.4
2.8
4.6
4.6
0.3
4.3
2.0
6.5
2.3
1.7
6.7
3.5
4.0
7.1
6.1
-0.1
-2.2
8.0
3.8
3.3
-0.2
2.8
1.7
2.7
2.4
4.0
6.1
2.4
2.3
3.8
6.4
2.6
2.9
8.1
3.3
3.6
6.4
5.7
1.2
7.7
1.9
3.5
5.7
4.7
2.1
12.8
3.1
4.2
1.9
2011
5.7
6.0
4.8
4.1
7.9
3.9
4.9
5.1
5.5
7.5
4.2
5.4
4.7
4.7
4.6
5.1
4.3
3.5
5.3
4.1
5.5
4.5
4.7
3.2
4.6
6.0
7.3
5.2
3.7
5.0
6.5
3.9
7.3
6.0
5.5
4.3
4.4
4.1
3.3
7.5
3.3
3.8
4.4
4.6
5.1
3.8
3.9
5.7
5.2
6.0
5.2
4.1
7.3
3.1
4.5
5.1
3.3
4.2
4.2
7.6
5.9
4.6
7.8
7.2
4.2
4.5
4.0
4.2
6.5
4.6
5.4
14.6
4.1
5.7
4.1
Rank in
United
States
Dollars
2009
2010
2011
31,244
43,798
33,076
38,807
43,065
30,766
37,404
31,870
37,887
38,486
33,863
28,917
35,230
31,597
38,007
42,334
30,889
33,844
30,259
31,722
30,082
29,598
32,794
31,651
40,733
34,638
37,917
30,603
36,462
34,135
30,962
35,597
29,419
39,978
34,111
24,975
30,562
35,317
32,236
22,639
28,436
34,950
33,312
34,327
35,646
33,938
34,760
35,642
29,572
36,653
37,970
26,440
34,582
30,982
42,101
36,337
32,540
31,825
33,264
25,234
42,860
44,472
40,305
33,411
28,711
20,241
33,072
36,275
26,092
40,482
29,396
51,947
41,881
44,977
33,619
32,242
44,365
34,038
40,790
44,959
31,559
38,814
32,198
38,862
38,900
34,810
29,717
36,227
32,683
39,253
43,972
31,897
34,355
31,224
31,336
30,857
30,215
33,381
32,204
41,443
35,611
37,593
31,419
38,166
35,468
31,087
36,917
29,842
42,117
34,550
25,165
32,392
36,280
33,470
23,700
29,431
34,668
32,244
35,460
36,784
34,751
34,746
36,154
30,143
37,231
38,325
26,818
36,437
31,630
42,842
37,400
33,916
32,456
34,184
26,874
43,908
45,974
40,971
35,063
29,290
21,167
33,494
37,280
27,092
41,838
30,010
58,262
42,986
46,498
34,014
33,777
46,624
35,355
42,393
47,612
32,811
40,126
33,520
40,572
41,277
36,263
31,396
37,544
34,237
40,709
46,163
33,305
35,453
32,745
32,810
32,141
31,408
34,792
33,171
43,062
36,544
40,029
33,035
39,589
36,958
33,126
38,184
31,747
44,184
36,324
26,145
33,447
37,535
34,505
24,985
29,963
35,680
33,379
36,985
38,489
35,796
36,192
37,763
31,750
39,018
39,899
27,594
38,756
32,607
44,423
39,037
34,573
33,664
35,554
28,631
45,964
47,981
43,593
37,424
30,714
21,620
34,602
38,622
28,497
43,072
31,650
65,173
44,610
48,657
35,190
2011
261
31
211
72
27
284
102
266
95
84
189
318
161
251
92
32
275
208
288
285
296
316
229
278
62
184
105
282
120
177
281
151
310
48
188
362
267
162
245
364
341
200
271
175
146
199
191
158
309
131
112
357
135
293
46
130
241
263
203
354
34
25
55
165
335
366
240
139
355
61
312
2
43
24
218
Percent change from
preceding period
2010
3.2
1.3
2.9
5.1
4.4
2.6
3.8
1.0
2.6
1.1
2.8
2.8
2.8
3.4
3.3
3.9
3.3
1.5
3.2
-1.2
2.6
2.1
1.8
1.7
1.7
2.8
-0.9
2.7
4.7
3.9
0.4
3.7
1.4
5.4
1.3
0.8
6.0
2.7
3.8
4.7
3.5
-0.8
-3.2
3.3
3.2
2.4
0.0
1.4
1.9
1.6
0.9
1.4
5.4
2.1
1.8
2.9
4.2
2.0
2.8
6.5
2.4
3.4
1.7
4.9
2.0
4.6
1.3
2.8
3.8
3.3
2.1
12.2
2.6
3.4
1.2
2011
4.8
5.1
3.9
3.9
5.9
4.0
3.4
4.1
4.4
6.1
4.2
5.6
3.6
4.8
3.7
5.0
4.4
3.2
4.9
4.7
4.2
3.9
4.2
3.0
3.9
2.6
6.5
5.1
3.7
4.2
6.6
3.4
6.4
4.9
5.1
3.9
3.3
3.5
3.1
5.4
1.8
2.9
3.5
4.3
4.6
3.0
4.2
4.5
5.3
4.8
4.1
2.9
6.4
3.1
3.7
4.4
1.9
3.7
4.0
6.5
4.7
4.4
6.4
6.7
4.9
2.1
3.3
3.6
5.2
2.9
5.5
11.9
3.8
4.6
3.5
December
2012
S urvey
of
D-85
C u r r e n t B u s in e s s
Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2009—2011 —Continues
Per capita personal income 1
Personal income
Area
2009
Mobile, AL.............................................................................
Modesto, CA..........................................................................
Monroe, LA...........................................................................
Monroe, Ml............................................................................
Montgomery, AL...................................................................
Morgantown, WV...................................................................
Morristown, TN......................................................................
Mount Vernon-Anacortes, WA...............................................
Muncie, IN............................................................................
Muskegon-Norton Shores, Ml..............................................
Myrtle Beach-North Myrtle Beach-Conway, S C ....................
Napa, CA..............................................................................
Naples-Marco Island, FL.......................................................
Nashville-Davidson-Murfreesboro-Franklin, TN.....................
New Haven-Milford, CT........................................................
New Orleans-Metairie-Kenner, LA.........................................
New York-Northern New Jersey-Long Island, NY-NJ-PA.......
Niles-Benton Harbor, Ml.......................................................
North Port-Bradenton-Sarasota, FL......................................
Norwich-New London, CT.....................................................
Ocala, FL..............................................................................
Ocean City, NJ......................................................................
Odessa, TX..........................................................................
Ogden-Clearfield, UT............................................................
Oklahoma City, OK..........
Olympia, WA....................
Omaha-Council Bluffs, NE-IA................................................
Orlando-Kissimmee-Sanford, FL...........................................
Oshkosh-Neenah, Wl.....
Owensboro, KY..............
Oxnard-Thousand Oaks-Ventura, CA....................................
Palm Bay-Melbourne-Titusville, FL........................................
Palm Coast, FL.....................................................................
Panama City-Lynn Haven-Panama City Beach, FL...............
Parkersburg-Marietta-Vienna, WV-OH..................................
Pascagoula, M S....................................................................
Pensacola-Ferry Pass-Brent, FL...........................................
Peoria, IL..............................................................................
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD................
Phoenix-Mesa-Glendale, AZ.................................................
Pine Bluff, AR.......................................................................
Pittsburgh, PA........................................................................
Pittsfield, MA........................................................................
Pocatello, ID.........................................................................
Portland-South Portland-Biddeford, ME................................
Portland-Vancouver-Hillsboro, OR-WA..................................
Port St. Lucie, FL..................................................................
Poughkeepsie-Newburgh-Middletown, NY............................
Prescott, AZ..........................................................................
Providence-New Bedford-Fall River, RI-MA...........................
Provo-Orem, UT...................................................................
Pueblo, CO...........................................................................
Punta Gorda, FL...................................................................
Racine, Wl............................................................................
Raleigh-Cary, NC..................................................................
Rapid City, SD ......................................................................
Reading, PA..........................................................................
Redding, CA.........................................................................
Reno-Sparks, NV.................................................................
Richmond, VA........................................................................
Riverside-San Bernardino-Ontario, CA.................................
Roanoke, VA..........................................................................
Rochester, MN......................................................................
Rochester, NY......................................................................
Rockford, IL...........................................................................
Rocky Mount, NC..................................................................
Rome, GA.............................................................................
Sacramento-Arden-Arcade-Roseville, CA.............................
Saginaw-Saginaw Township North, Ml..................................
St. Cloud, MN........................................................................
St. George, UT.....................................................................
St. Joseph, MO-KS................................................................
St. Louis, MO-IL.....................................................................
Salem, OR.............................................................................
Salinas, CA...........................................................................
See the footnotes at the end of the table.
Percent change from
preceding period2
Millions of dollars
12,451
15,420
5,756
4,914
12,872
4,172
3,700
4,331
3,387
4,705
7,461
6,513
17,482
60,681
39,276
47,581
982,989
5,186
30,901
12,220
9,947
4,441
4,414
17,575
45,163
10,002
35,538
70,304
5,843
3,703
35,545
19,522
2,865
5,800
4,998
5,310
15,007
14,961
270,531
146,164
2,918
96,702
5,415
2,486
20,985
85,103
15,071
26,390
6,034
64,115
12,730
4,637
5,298
7,145
42,851
4,602
14,499
5,980
17,038
50,062
120,360
11,363
7,669
40,412
11,108
4,642
2,982
83,494
5,913
6,188
3,641
4,109
112,965
12,480
16,350
2010
13,019
15,981
5,794
5,082
13,300
4,434
3,879
4,359
3,410
4,865
7,722
6,673
18,500
64,674
40,636
49,946
1,032,838
5,444
32,421
12,521
10,431
4,573
4,686
17,942
47,508
10,098
36,987
73,619
6,198
3,773
36,506
19,945
3,034
6,103
5,059
5,460
15,523
15,262
279,708
149,094
2,984
100,489
5,558
2,540
21,571
87,940
15,679
27,416
6,015
66,193
13,112
4,832
5,390
7,239
44,557
4,944
14,883
6,105
17,160
51,643
123,561
11,521
8,204
42,157
11,498
4,629
3,072
85,088
6,070
6,363
3,666
4,153
115,355
12,659
16,678
2011
13,524
16,652
6,013
5,403
13,800
4,659
4,029
4,552
3,549
5,099
8,055
7,077
19,447
68,129
42,606
51,935
1,079,532
5,623
33,859
12,978
10,877
4,704
5,378
18,976
51,124
10,585
39,005
77,159
6,447
3,999
38,141
20,671
3,230
6,296
5,304
5,584
16,352
16,580
291,970
157,026
3,053
106,146
5,803
2,652
22,675
93,449
16,414
28,585
6,248
69,116
13,975
5,099
5,644
7,508
47,275
5,299
15,552
6,305
17,922
54,641
128,982
12,081
8,288
43,987
11,914
4,775
3,183
88,670
6,372
6,699
3,848
4,362
120,763
13,180
17,356
2010
4.6
3.6
0.6
3.4
3.3
6.3
4.9
0.7
0.7
3.4
3.5
2.5
5.8
6.6
3.5
5.0
5.1
5.0
4.9
2.5
4.9
3.0
6.2
2.1
5.2
1.0
4.1
4.7
6.1
1.9
2.7
2.2
5.9
5.2
1.2
2.8
3.4
2.0
3.4
2.0
2.2
3.9
2.6
2.2
2.8
3.3
4.0
3.9
-0.3
3.2
3.0
4.2
1.7
1.3
4.0
7.4
2.6
2.1
0.7
3.2
2.7
1.4
7.0
4.3
3.5
-0.3
3.0
1.9
2.7
2.8
0.7
1.1
2.1
1.4
2.0
2011
3.9
4.2
3.8
6.3
3.8
5.1
3.9
4.4
4.1
4.8
4.3
6.1
5.1
5.3
4.8
4.0
4.5
3.3
4.4
3.6
4.3
2.9
14.8
5.8
7.6
4.8
5.5
4.8
4.0
6.0
4.5
3.6
6.5
3.2
4.8
2.3
5.3
8.6
4.4
5.3
2.3
5.6
4.4
4.4
5.1
6.3
4.7
4.3
3.9
4.4
6.6
5.5
4.7
3.7
6.1
7.2
4.5
3.3
4.4
5.8
4.4
4.9
1.0
4.3
3.6
3.2
3.6
4.2
5.0
5.3
4.9
5.0
4.7
4.1
4.1
Rank in
United
States
Dollars
2009
2010
2011
30,222
30,144
32,769
32,269
34,616
32,721
27,178
37,158
28,824
27,238
28,086
48,146
54,891
38,563
45,668
41,533
52,286
33,019
44,272
44,658
30,062
45,670
32,233
32,582
36,487
40,018
41,505
33,289
35,106
32,375
43,607
36,011
30,253
34,632
30,818
32,891
33,606
39,435
45,532
35,190
29,010
41,055
41,256
27,737
40,769
38,565
35,897
39,449
28,574
40,048
24,718
29,378
33,188
36,616
38,602
36,772
35,372
33,730
40,394
40,035
28,928
36,915
41,416
38,392
31,758
30,593
30,944
39,150
29,441
32,898
26,560
32,357
40,280
32,138
39,853
31,515
31,006
32,779
33,443
35,449
34,026
28,360
37,230
28,981
28,271
28,531
48,765
57,321
40,551
47,118
42,559
54,591
34,722
46,086
45,696
31,475
47,027
34,163
32,649
37,761
39,912
42,606
34,408
37,095
32,845
44,226
36,675
31,595
36,050
31,220
33,631
34,496
40,273
46,840
35,422
29,801
42,617
42,384
27,951
41,987
39,384
36,872
40,841
28,488
41,343
24,734
30,302
33,662
37,026
39,178
38,986
36,081
34,431
40,252
40,974
29,107
37,329
44,030
39,970
32,915
30,371
31,903
39,492
30,356
33,622
26,468
32,632
40,983
32,315
40,055
32,779
32,115
33,846
35,647
36,450
35,226
29,306
38,543
30,164
29,766
29,148
51,253
59,264
42,129
49,478
43,603
56,770
35,830
47,732
47,452
32,709
48,694
38,385
34,134
40,002
41,251
44,470
35,535
38,444
34,677
45,855
38,028
33,170
37,068
32,694
34,304
36,079
43,684
48,723
36,833
30,866
44,982
44,483
28,998
43,960
41,302
38,362
42,482
29,490
43,192
25,841
31,760
35,161
38,425
40,631
41,286
37,675
35,466
41,718
43,046
29,961
39,115
44,174
41,683
34,201
31,380
33,159
40,745
32,007
35,253
27,159
34,189
42,864
33,378
41,138
2011
286
298
260
201
185
217
350
144
338
345
352
14
6
76
18
54
8
198
26
28
289
23
149
254
108
85
45
204
147
235
35
155
279
173
291
249
194
53
22
180
333
40
44
353
50
82
150
70
348
58
363
307
220
148
93
83
160
207
80
63
342
128
49
81
252
319
280
91
302
216
359
253
65
272
87
Percent change from
preceding period
2010
4.3
2.9
0.0
3.6
2.4
4.0
4.3
0.2
0.5
3.8
1.6
1.3
4.4
5.2
3.2
2.5
4.4
5.2
4.1
2.3
4.7
3.0
6.0
0.2
3.5
-0.3
2.7
3.4
5.7
1.5
1.4
1.8
4.4
4.1
1.3
2.2
2.6
2.1
2.9
0.7
2.7
3.8
2.7
0.8
3.0
2.1
2.7
3.5
-0.3
3.2
0.1
3.1
1.4
1.1
1.5
6.0
2.0
2.1
-0.4
2.3
0.6
1.1
6.3
4.1
3.6
-0.7
3.1
0.9
3.1
2.2
-0.3
0.8
1.7
0.6
0.5
2011
4.0
3.6
3.3
6.6
2.8
3.5
3.3
3.5
4.1
5.3
2.2
5.1
3.4
3.9
5.0
2.5
4.0
3.2
3.6
3.8
3.9
3.5
12.4
4.5
5.9
3.4
4.4
3.3
3.6
5.6
3.7
3.7
5.0
2.8
4.7
2.0
4.6
8.5
4.0
4.0
3.6
5.5
5.0
3.7
4.7
4.9
4.0
4.0
3.5
4.5
4.5
4.8
4.5
3.8
3.7
5.9
4.4
3.0
3.6
5.1
2.9
4.8
0.3
4.3
3.9
3.3
3.9
3.2
5.4
4.9
2.6
4.8
4.6
3.3
2.7
D-86
Regional Data
December 2012
Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2009—2011 —'Table Ends
Personal income
Area
Salisbury, M D .....................................................................................
Salt Lake City, U T..............................................................................
San Angelo, T X ..................................................................................
San Antonio-New Braunfels, T X ....................................................
San Diego-Carlsbad-San Marcos, C A ........................................
Sandusky, O H ....................................................................................
San Francisco-Oakland-Fremont, C A .........................................
San Jose-Sunnyvale-Santa Clara, C A ........................................
San Luis O bispo-Paso Robles, C A ..............................................
Santa Barbara-Santa M aria-Goleta, C A .....................................
S anta Cruz-W atsonville, C A ...........................................................
Santa Fe, N M .....................................................................................
Santa Rosa-Petaluma, C A .............................................................
Savannah, G A ....................................................................................
Scranton-W ilkes-Barre, PA.............................................................
Seattle-Tacoma-Bellevue, W A ........................................................
Sebastian-Vero Beach, F L .............................................................
Sheboygan, W l...................................................................................
Sherm an-Denison, T X .....................................................................
Shreveport-Bossier City, L A ...........................................................
Sioux City, IA -N E -S D .......................................................................
Sioux Falls, S D ...................................................................................
South Bend-Mishawaka, IN -M I.....................................................
Spartanburg, SC
Spokane, WA
Springfield, IL
Springfield, MA
Springfield, MO
Springfield, OH
State College, PA
Steubenville-W eirton, O h -w v ......................................................
Stockton, C A ......................................................................................
Sumter, S C .................
Syracuse, N Y ............
Tallahassee, F L ........
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, A L ...................................................................................
Tyler, T X ...............................................................................................
Utica-Rom e, N Y ................................................................................
Valdosta, G A ......................................................................................
Vallejo-Fairfield, C A ..........................................................................
Victoria, T X .........................................................................................
Vineland-M illville-Bridgeton, N J ....................................................
V irginia Beach-Norfolk-Newport News, V A-N C .........................
Visalia-Porterville, C A ......................................................................
Waco, T X .............................................................................................
W arner Robins, G A ..........................................................................
W ashington-Arlington-Alexandria, D C-VA-M D-W V..................
W aterloo-Cedar Falls, IA .................................................................
Wausau, W l.........................................................................................
W enatchee-East W enatchee, W A ................................................
W heeling, W V-O H .............................................................................
W ichita, K S .........................................................................................
W ichita Falls, T X ...............................................................................
W illiam sport, PA................................................................................
W ilm ington, N C .................................................................................
W inchester, VA-W V..........................................................................
W inston-Salem , N C .........................................................................
W orcester, M A ....................................................................................
Yakima, W A .........................................................................................
York-Hanover, P A ..............................................................................
Youngstown-W arren-Boardman, O H -P A .....................................
Yuba City, C A .....................................................................................
Yuma, A Z ............................................................................................
Percent change from
preceding p e rio d 2
M illions of dollars
2009
2010
2011
3,983
41,355
3,791
71,189
135,021
2,693
245,416
97,327
10,130
17,899
11,869
5,994
20,455
12,886
19,406
163,831
6,534
4,396
3,738
14,022
4,937
9,257
10,699
8,483
16,132
8,470
26,049
13,793
4,510
4,937
3,696
20,329
3,033
23,711
11,707
99,057
5,057
4,386
21,926
8,381
18,522
32,978
35,396
6,911
7,413
9,798
3,951
15,376
4,086
5,094
65,052
11,567
7,311
4,505
306,116
5,977
4,742
3,707
4,678
22,781
5,093
3,630
11,778
4,156
16,383
33,381
7,476
15,297
17,444
5,124
5,036
4,081
42,882
3,995
75,810
139,578
2,787
254,377
104,472
10,436
18,310
12,247
6,057
20,975
13,471
19,989
167,885
6,737
4,447
3,850
14,870
5,082
9,715
10,976
8,722
16,329
8,759
26,695
13,997
4,572
5,192
3,714
20,802
3,102
24,721
12,466
106,083
5,238
4,548
22,504
8,406
19,113
33,278
37,162
7,284
7,811
10,225
4,134
15,293
4,298
5,325
67,182
12,410
7,799
4,738
321,521
6,090
4,846
3,764
4,795
23,053
5,295
3,813
12,090
4,316
16,670
34,756
7,829
15,559
17,938
5,200
5,187
4,218
45,373
4,258
80,732
146,956
2,929
269,588
113,844
10,966
19,303
12,920
6,310
22,127
14,337
20,777
178,307
7,080
4,596
4,056
15,700
5,334
10,480
11,499
9,085
17,027
9,130
27,711
14,658
4,788
5,469
3,862
21,592
3,215
25,619
12,845
110,901
5,428
4,749
23,629
8,861
19,985
34,596
39,996
7,600
8,218
10,567
4,323
15,859
4,627
5,541
70,516
13,316
8,098
4,990
338,498
6,596
5,002
3,953
5,064
24,125
5,510
4,119
12,770
4,559
17,554
36,494
8,247
16,326
18,818
5,428
5,442
1. Per capita personal income was computed using Census Bureau midyear population estimates.
2. Percent change was calculated from unrounded data.
3. The personal income level shown for the United States is derived as the sum of the county esti
mates. It differs from the estimate of personal income in the national income and product accounts
because of differences in coverage, in the methodologies used to prepare the estimates, and in the
Per capita personal incom e 1
2010
2.5
3.7
5.4
6.5
3.4
3.5
3.7
7.3
3.0
2.3
3.2
1.1
2.5
4.5
3.0
2.5
3.1
1.2
3.0
6.0
2.9
4.9
2.6
2.8
1.2
3.4
2.5
1.5
1.4
5.2
0.5
2.3
2.3
4.3
6.5
7.1
3.6
3.7
2.6
0.3
3.2
0.9
5.0
5.4
5.4
4.4
4.6
-0 .5
5.2
4.5
3.3
7.3
6.7
5.2
5.0
1.9
2.2
1.5
2.5
1.2
4.0
5.0
2.7
3.8
1.8
4.1
4.7
1.7
2.8
1.5
3.0
2011
3.4
5.8
6.6
6.5
5.3
5.1
6.0
9.0
5.1
5.4
5.5
4.2
5.5
6.4
3.9
6.2
5.1
3.3
5.3
5.6
5.0
7.9
4.8
4.2
4.3
4.2
3.8
4.7
4.7
5.3
4.0
3.8
3.6
3.6
3.0
4.5
3.6
4.4
5.0
5.4
4.6
4.0
7.6
4.3
5.2
3.3
4.6
3.7
7.7
4.1
5.0
7.3
3.8
5.3
5.3
8.3
3.2
5.0
5.6
4.7
4.1
8.0
5.6
5.6
5.3
5.0
5.3
4.9
4.9
4.4
4.9
R ank in
United
States
Dollars
2009
2010
2011
31,994
37,261
34,318
33,808
44,107
34,939
57,036
53,489
37,777
42,581
45,647
41,854
42,661
37,458
34,473
47,977
47,689
38,042
31,132
35,511
34,608
40,976
33,519
29,941
34,452
40,545
37,638
31,764
32,496
32,259
29,629
29,995
28,348
35,880
32,102
35,839
29,368
32,363
33,617
36,040
50,692
33,803
38,067
31,704
35,790
32,770
28,676
37,476
35,476
32,545
39,109
26,470
31,557
32,785
55,715
35,740
35,445
33,817
31,624
36,783
33,777
31,274
32,938
32,643
34,470
41,976
31,199
35,326
30,703
30,872
25,998
32,563
38,007
35,583
35,197
44,951
36,177
58,567
56,723
38,636
43,120
46,586
41,916
43,274
38,652
35,460
48,692
48,726
38,516
31,793
37,185
35,325
42,399
34,401
30,625
34,590
41,605
38,521
31,998
33,082
33,602
29,887
30,251
28,839
37,293
33,884
38,048
30,378
33,392
34,560
35,887
52,088
33,884
39,529
33,148
37,109
34,159
29,507
36,929
37,232
33,947
40,121
27,982
33,052
33,648
57,321
36,264
36,141
33,802
32,423
36,939
34,953
32,824
33,236
33,528
34,840
43,483
32,029
35,708
31,750
31,097
26,351
33,601
39,595
37,532
36,781
46,800
38,161
61,395
61,028
40,322
45,219
48,883
43,325
45,331
40,321
36,889
50,944
50,977
39,910
33,404
38,899
37,025
45,087
36,083
31,670
35,940
43,158
39,975
33,302
34,777
35,347
31,339
31,013
29,915
38,668
34,740
39,261
31,439
34,776
36,338
37,765
54,445
34,961
42,236
34,305
38,515
35,406
30,377
38,078
39,808
35,272
41,976
29,640
33,943
34,674
59,345
39,195
37,214
35,152
34,406
38,568
36,671
35,283
34,543
35,048
36,416
45,548
33,371
37,380
33,440
32,404
27,091
2011
264
119
163
181
30
152
3
4
97
38
20
56
37
98
179
17
16
111
270
133
174
39
193
311
197
59
110
276
230
213
322
331
344
137
232
126
314
231
187
157
10
227
74
248
145
209
337
154
114
215
77
347
257
236
5
127
171
221
246
143
183
214
243
222
186
36
273
167
268
295
360
Percent change from
preceding period
2010
1.8
2.0
3.7
4.1
1.9
3.5
2.7
6.0
2.3
1.3
2.1
0.1
1.4
3.2
2.9
1.5
2.2
1.2
2.1
4.7
2.1
3.5
2.6
2.3
0.4
2.6
2.3
0.7
1.8
4.2
0.9
0.9
1.7
3.9
5.6
6.2
3.4
3.2
2.8
-0 .4
2.8
0.2
3.8
4.6
3.7
4.2
2.9
-1 .5
4.9
4.3
2.6
5.7
4.7
2.6
2.9
1.5
2.0
0.0
2.5
0.4
3.5
5.0
0.9
2.7
1.1
3.6
2.7
1.1
3.4
0.7
1.4
2011
3.2
4.2
5.5
4.5
4.1
5.5
4.8
7.6
4.4
4.9
4.9
3.4
4.8
4.3
4.0
4.6
4.6
3.6
5.1
4.6
4.8
6.3
4.9
3.4
3.9
3.7
3.8
4.1
5.1
5.2
4.9
2.5
3.7
3.7
2.5
3.2
3.5
4.1
5.1
5.2
4.5
3.2
6.8
3.5
3.8
3.7
2.9
3.1
6.9
3.9
4.6
5.9
2.7
3.0
3.5
8.1
3.0
4.0
6.1
4.4
4.9
7.5
3.9
4.5
4.5
4.7
4.2
4.7
5.3
4.2
2.8
timing of the availability of source data.
4. The metropolitan area definitions used by BEA for its personal income estimates are the countybased definitions issued by the Office of Management and Budget in June 2003 (with revisions
released February 2004, March 2005, December 2006, November 2007, November 2008, and
December 2009) for federal statistical purposes.
December
2012
S urvey
of
D-87
C u r r e n t B u s in e s s
Table J.2. Gross Domestic Product by Metropolitan Area for Industries, 2010-C ontinues
[M illions of dollars]
Metropolitan area
Rank of total
GDP by
metropolitan
area
U.S. metropolitan portion.....................................
Abilene, TX.................................................................
Akron, OH...................................................................
Albany, GA..................................................................
Albany-Schenectady-Troy, N Y ...................................
Albuquerque, NM...............
Alexandria, LA............................................................
Allentown-Bethlehem-Easton, PA-NJ........................
Altoona, PA
Amarillo, TX
Ames, IA....
Anchorage, A K ...........................................................
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, A L....................................................
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, TX .........................................
Bellingham, WA..........................................................
Bend, OR...
Billings, MT
Binghamton, NY.........................................................
Birmingham-Hoover, A L ............................................
Bismarck, ND..............................................................
Blacksburg-Christiansburg-Radford, VA....................
Bloomington, IN..........................................................
Bloomington-Normal, IL..............................................
Boise City-Nampa, ID.................................................
Boston-Cambridge-Quincy, MA-NH...........................
Boulder, CO................................................................
Bowling Green, KY.....................................................
Bremerton-Silverdale, WA..........................................
Bridgeport-Stamford-Norwalk, CT.............................
Brownsville-Harlingen, T X ..........................................
Brunswick, GA............................................................
Buffalo-Niagara Falls, NY...........................................
Burlington, NC............................................................
Burlington-South Burlington, VT................................
Canton-Massillon, O H ...............................................
Cape Coral-Fort Myers, FL........................................
Cape Girardeau-Jackson, MO-IL...............................
Carson City, NV
Casper, WY
Cedar Rapids, IA ........................................................
Champaign-Urbana, IL..............................................
Charleston, W V..........................................................
Charleston-North Charleston-Summerville, SC
Charlotte-Gastonia-Rock Hill, NC-SC........................
Charlottesville, VA.....................................................
Chattanooga, TN-GA.................................................
Cheyenne, W Y ...........................................................
Chicago-Joliet-Naperville, IL-IN-WI...........................
Chico, C A ...................................................................
Cincinnati-Middletown, OH-KY-IN..............................
Clarksville, TN-KY......................................................
Cleveland, TN.............................................................
Cleveland-Elyria-Mentor, OH.....................................
Coeur d’Alene, ID.......................................................
College Station-Bryan, TX..........................................
Colorado Springs, CO ................................................
Columbia, M O ............................................................
Columbia, SC.............................................................
Columbus, GA-AL.......................................................
Columbus, IN
Columbus, OH............................................................
Corpus Christi, TX......................................................
Corvallis, O R..............................................................
Crestview-Fort Walton Beach-Destin, FL..................
Cumberland, MD-WV.................................................
Dallas-Fort Worth-Arl ington, TX ................................
Dalton, GA.........................
Danville, IL.........................
Danville, VA................................................................
Davenport-Moline-Rock Island, IA-IL.........................
Dayton, OH........................
Decatur, AL........................
Decatur, IL..................................................................
Deltona-Daytona Beach-Ormond Beach, FL
Total
13,071,502
258
78
277
56
60
274
70
304
178
320
79
347
283
108
327
174
141
232
10
146
333
107
35
73
19
253
199
59
267
357
123
202
237
216
201
50
276
263
227
188
87
9
110
290
193
36
207
350
54
300
164
148
98
343
359
220
135
192
126
76
24
184
95
261
3
231
30
169
339
27
303
225
83
221
69
154
299
31
122
296
182
362
6
260
364
356
117
65
279
257
151
5,420
27,586
4,943
41,066
38,080
5,014
29,971
4,264
9,700
3,871
27,038
3,255
4,806
18,566
3,734
10,046
13,909
6,268
272,362
13,132
3,638
19,199
86,029
29,446
144,789
5,518
8,461
39,400
5,160
2,907
16,472
8,236
6,081
7,071
8,253
53,834
4,975
5,285
6,482
9,413
25,514
313,690
18,298
4,612
8,860
84,882
7,742
3,175
45,150
4,413
10,731
12,856
20,326
3,371
2,802
6,805
14,393
8,869
15,375
27,976
113,568
9,478
21,211
5,323
532,331
6,364
100,594
10,392
3,551
105,625
4,281
6,712
26,461
6,796
31,967
11,877
4,421
93,353
16,565
4,480
9,482
2,636
374,081
5,345
2,381
2,957
17,530
33,371
4,882
5,439
12,250
Natural
Durableresources Con
goods
and
struction manu
mining
facturing
280,301 449,925
833,541
216
773
(D)
1,711
1,627
295
1,025
136
398
102
1,229
82
248
304
71
571
(D)
178
(D)
535
127
983
3,134
1,162
5,718
177
469
3,105
130
67
1,488
452
304
370
360
2,262
211
(D)
183
241
1,174
8,723
396
204
304
(D)
204
141
1,563
196
(D)
406
1,450
133
(D)
215
496
284
678
1,202
3,564
373
668
180
16,556
283
(D)
238
77
2,361
248
294
(D)
218
1,210
374
96
2,183
1,274
66
329
105
(D)
72
40
105
605
755
251
279
613
(D)
2,664
(D)
(D)
(D)
(D)
(D)
262
(D)
164
126
418
952
1,488
509
850
(D)
321
(D)
117
(D)
(D)
(D)
577
(D)
195
118
(D)
815
198
(D)
492
282
88
(D)
(D)
77
(D)
(D)
219
(D)
(D)
1,763
(D)
(D)
4,736
327
(D)
(D)
440
(D)
(D)
298
(D)
236
119
1,932
(D)
454
(D)
(D)
373
(D)
51
(D)
120
(D)
(D)
526
(D)
240
(D)
(D)
301
(D)
(D)
1,920
(D)
(D)
(D)
400
(D)
(D)
125
259
232
(D)
2,966
(D)
697
606
(D)
143
216
(D)
(D)
145
157
76
702
123
5,916
70
70
41
24
209
137
(D)
450
136
30
(D)
(D)
7,633
328
89
45
889
71
80
285
221
57
(D)
46
(D)
95
13
97
249
515
507
250
(D)
48
75
107
(D)
185
24
111
153
99
44
(D)
(D)
242
320
1,910
(D)
360
(D)
(D)
278
1,300
377
293
110
(D)
(D)
109
(D)
(D)
49
247
50
46
(D)
1,615
76
15
31
20,553
24
146
49
242
260
107
95
89
Nondurablegoods
manu
facturing
Trade
632,276 1,500,516
(D)
2,028
(D)
(D)
(D)
(D)
(D)
468
(D)
480
210
364
522
432
114
1,420
(D)
632
(D)
123
(D)
(D)
(D)
2,177
(D)
277
63
(D)
713
230
(D)
1,683
72
652
(D)
(D)
238
(D)
(D)
178
(D)
(D)
958
495
(D)
3,264
158
(D)
(D)
511
(D)
(D)
91
(D)
36
206
1,099
(D)
688
(D)
(D)
152
(D)
781
(D)
176
(D)
(D)
560
(D)
40
(D)
292
132
(D)
(D)
219
(D)
(D)
(D)
12
(D)
(D)
2,346
314
627
(D)
1,319
(D)
1,157
125
755
4,245
(D)
(D)
4,117
(D)
(D)
663
(D)
368
1,963
386
692
1,791
540
1,347
(D)
674
(D)
1,399
413
(D)
12,728
2,899
15,979
929
981
(D)
572
404
1,769
1,102
660
1,144
1,031
(D)
679
(D)
(D)
758
(D)
28,619
1,765
(D)
827
8,252
987
345
5,474
585
(D)
1,801
2,756
447
275
858
1,506
901
(D)
(D)
12,412
(D)
(D)
477
(D)
815
(D)
(D)
(D)
(D)
610
728
2,280
782
(D)
(D)
382
(D)
(D)
(D)
781
287
47,136
(D)
372
376
2,486
3,447
540
610
1,824
Transpor
tation and
utilities
Infor
mation
Financial
activities
586,713 645,518 2,922,731
237
1,361
209
(D)
(D)
(D)
(D)
328
667
78
2,951
167
149
875
165
334
563
(D)
17,229
639
159
(D)
1,596
1,558
6,577
341
326
2,100
200
232
904
261
212
469
428
(D)
338
152
(D)
258
1,199
8,503
239
143
159
(D)
378
(D)
1,690
119
326
521
698
212
113
(D)
1,125
333
899
(D)
5,271
(D)
(D)
533
25,556
340
4,642
252
(D)
(D)
159
209
682
158
1,917
260
141
(D)
(D)
(D)
199
154
18,500
292
144
107
1,082
1,596
180
568
313
(D)
700
(D)
1,435
(D)
81
1,171
107
294
64
877
75
53
707
110
338
281
(D)
(D)
172
58
329
5,154
408
4,692
139
197
(D)
49
64
207
167
210
191
205
1,859
112
84
(D)
135
(D)
17,582
2,108
107
156
4,147
237
(D)
1,071
66
(D)
269
1,178
135
43
61
752
(D)
(D)
751
5,850
404
512
159
(D)
136
(D)
(D)
37
2,951
102
174
1,284
150
(D)
(D)
53
3,271
318
142
279
99
(D)
(D)
32
39
395
1,670
(D)
86
326
587
4,017
443
7,199
(D)
611
4,317
443
(D)
604
3,730
419
427
2,843
239
1,966
2,383
849
58,563
2,229
580
1,761
13,231
2,579
30,835
766
2,048
5,303
418
339
1,072
1,038
1,869
1,129
925
11,458
919
658
828
3,712
5,290
84,781
2,480
621
1,156
34,206
858
419
7,649
606
2,017
2,159
5,473
358
524
775
3,616
1,565
(D)
4,969
39,608
1,804
(D)
664
135,765
1,366
20,457
852
614
26,194
993
686
3,852
1,172
(D)
1,760
486
23,592
1,549
394
2,345
210
77,784
250
234
323
2,663
5,473
322
505
2,658
Pro
fessional Education Leisure
Other
and
and health
and
Government
services
business sen/ices hospitality
services
1,690,885 1,151,802
306
4,136
431
(D)
(D)
409
3,950
322
845
248
2,389
180
243
2,555
347
809
1,041
393
41,110
898
226
(D)
(D)
2,225
20,846
406
823
3,720
595
279
1,464
562
546
(D)
564
5,432
497
393
530
1,666
3,180
57,218
3,732
520
684
12,456
508
(D)
5,673
479
1,151
912
1,913
236
193
268
868
606
1,528
3,427
14,133
(D)
(D)
235
82,755
439
15,880
569
224
13,141
392
(D)
3,868
565
3,153
984
303
(D)
1,370
346
965
147
47,514
447
117
160
2,215
3,927
287
268
1,045
719
2,936
601
4,830
(D)
766
4,203
633
983
237
1,880
399
318
1,556
283
866
1,917
(D)
19,554
1,305
200
(D)
5,786
1,808
16,280
973
1,145
2,734
508
367
1,209
625
756
915
980
(D)
728
351
604
646
2,413
38,493
1,400
458
790
5,532
1,397
239
4,957
648
(D)
1,754
1,619
670
208
438
1,054
1,018
1,499
2,141
5,714
(D)
(D)
285
44,429
902
9,331
532
(D)
11,239
389
(D)
1,943
792
2,467
960
244
(D)
1,567
387
497
426
24,932
316
197
318
1,547
4,144
275
523
1,799
477,039 300,078
198
777
142
1,226
(D)
127
985
133
322
107
758
188
158
465
118
258
739
(D)
9,133
3,279
155
(D)
3,220
666
4,792
197
774
1,029
127
144
448
300
303
294
284
1,357
165
168
(D)
290
735
10,479
593
171
280
1,974
360
(D)
1,942
180
398
405
1,242
112
184
158
332
299
401
1,350
3,462
418
765
148
18,322
210
3,577
248
102
3,141
246
287
1,069
260
892
399
94
2,792
628
90
373
100
12,778
104
57
88
595
938
117
138
768
157
643
(D)
1,034
930
139
790
125
(D)
67
471
101
156
342
106
255
399
157
5,465
290
120
471
2,198
793
3,586
128
316
852
125
93
371
213
167
164
216
1,498
141
135
(D)
190
475
6,125
425
102
199
1,394
239
96
1,055
144
208
431
611
94
61
161
273
(D)
315
686
1,726
303
683
89
(D)
266
(D)
(D)
116
2,125
97
194
709
167
(D)
(D)
67
2,021
392
77
213
90
(D)
100
69
132
390
773
(D)
123
476
1,600,175
1,282
3,162
1,036
8,398
6,912
945
2,984
568
1,289
1,228
4,540
407
818
5,168
1,107
822
1,866
1,696
24,950
2,010
1,065
4,678
12,101
4,963
25,150
900
1,156
4,530
837
409
1,755
1,119
643
713
1,482
5,984
776
1,311
1,373
870
2,993
24,855
2,188
644
4,100
4,687
1,982
812
6,913
415
1,557
1,286
2,897
409
838
449
1,096
2,287
2,102
5,798
8,477
2,540
2,815
1,442
46,188
935
9,176
5,342
360
10,517
657
2,104
7,855
2,050
7,041
3,922
370
11,611
2,904
830
3,076
559
29,763
437
400
401
2,164
6,102
554
389
1,610
December 2012
Regional Data
D-88
Table J.2. Gross Domestic Product by Metropolitan Area for Industries, 2010— Continues
[Millions of dollars]
Metropolitan area
Denver-Aurora-Broomfield, C O ...................................
Des Moines-West Des Moines, IA..............................
Detroit-Warren-Livonia, Ml...........................................
Dothan, A L ..................................................................
Dover, D E ....................................................................
Dubuque, IA.................................................................
Duluth, MN-WI ........................................................
Durham-Chapel Hill, NC.............................................
Eau Claire, W l....
El Centro, CA
Elizabethtown, KY .......................................................
Elkhart-Goshen, IN......................................................
Elmira, NY
El Paso, TX
Erie, PA........................................................................
Eugene-Springfield, O R ..............................................
Evansville, IN-KY.
Fairbanks, AK
Fargo, ND-MN
Farmington, NM...
Fayetteville, NC....
Fayetteville-Springdale-Rogers, AR-MO.....................
Flagstaff, AZ
........................................................
Flint, Ml...............
Florence, SC
Florence-Muscle Shoals, AL........................................
Fond du Lac, W l..........................................................
Fort Collins-Loveland, CO ...........................................
Fort Smith, AR-OK......................................................
Fort Wayne, IN.............................................................
Fresno, CA...................................................................
Gadsden, A L ...............................................................
Gainesville, FL ........................................................
Gainesville, GA...
Glens Falls, NY...
Goldsboro, NC
Grand Forks, ND-MN...................................................
Grand Junction, CO.....................................................
Grand Rapids-Wyoming, M l.......................................
Great Falls, MT............................................................
Greeley, CO......
Green Bay, W l....
Greensboro-High Point, NC........................................
Greenville, NC.............................................................
Greenville-Mauldin-Easley, SC...................................
Gulfport-Biloxi, M S ......................................................
Hagerstown-Martinsburg, MD-WV.............................
Hanford-Corcoran, CA.................................................
Harrisburg-Carlisle, PA................................................
Harrisonburg, VA.........................................................
Hartford-West Hartford-East Hartford, CT..................
Hattiesburg, MS...........................................................
Hickory-Lenoir-Morganton, NC....................................
Hinesville-Fort Stewart, GA.........................................
Holland-Grand Haven, M l............................................
Honolulu, HI.................................................................
Hot Springs, AR...........................................................
Houma-Bayou Cane-Thibodaux, LA...........................
Houston-Sugar Land-Baytown, TX..............................
Huntington-Ashland, WV-KY-OH................................
Huntsville, AL...............................................................
Idaho Falls, ID..............................................................
Indianapolis-Carmel, IN...............................................
Iowa City, IA.................................................................
Ithaca, NY....................................................................
Jackson, M l.................................................................
Jackson, MS................................................................
Jackson, TN.................................................................
Jacksonville, FL...........................................................
Jacksonville, NC..........................................................
Janesville, W l..............................................................
Jefferson City, MO.......................................................
Johnson City, T N .........................................................
Johnstown, PA.............................................................
Jonesboro, AR.............................................................
Joplin, M O ...................................................................
Kalamazoo-Portage, M l...............................................
Kankakee-Bradley, IL...................................................
Kansas City, MO-KS....................................................
Kennewick-Pasco-Richland, WA.................................
Killeen-Temple-Fort Hood, TX ....................................
Kingsport-Bristol-Bristol, TN-VA.................................
Kingston, N Y ...............................................................
Knoxville, T N ...............................................................
Kokomo, IN..................................................................
LaCrosse, WI-MN.......................................................
Lafayette, IN ................................................................
Lafayette, LA................................................................
Lake Charles, LA.........................................................
Lake Havasu City-Kingman, AZ...................................
Lakeland-Winter Haven, FL.........................................
Rank of total
GDP by
metropolitan
area
Total
18 157,567
58
39,465
14 197,773
291
4,606
244
5,833
298
4,438
176
9,763
61
37,986
6,398
229
4,759
286
266
5,228
181
9,515
2,898
358
80
27,025
187
9,428
11,252
161
17,368
118
5,112
270
162
11,053
5,322
262
17,654
116
112
18,249
288
4,683
157
11,511
7,135
215
4,111
311
3,762
325
11,552
156
10,185
173
18,422
109
72 29,515
2,640
361
168
10,433
228
6,443
317
3,957
4,005
313
318
3,943
4,786
285
33,361
66
354
3,035
212
7,341
128
15,270
64
34,652
6,568
226
85
26,101
171
10,288
7,790
206
4,133
310
75 28,708
6,211
233
34
87,963
282
4,810
158
11,405
338
3,562
8,997
191
51,327
51
2,566
363
167
10,534
5 384,603
10,882
163
97 20,900
316
3,970
28 105,163
7,550
209
314
4,000
272
5,034
88 24,379
292
4,604
46 60,303
8,462
198
4,835
281
5,998
239
243
5,845
312
4,092
306
4,205
5,739
250
152
12,162
352
3,150
26 105,968
170
10,370
129
15,267
177
9,755
287
4,755
71
29,863
329
3,689
5,701
251
203
8,109
114
18,057
155
11,780
3,595
336
120
16,723
Natural
Con
resources
struction
and mining
7,391
314
392
95
103
58
501
120
133
1,167
(D)
61
20
106
80
191
(D)
(D)
397
(D)
(D)
163
37
42
52
115
160
170
1,181
(D)
3,152
20
60
35
57
118
185
573
(D)
51
966
(D)
116
(D)
59
57
72
671
268
275
140
86
113
8
196
120
47
1,843
(D)
326
144
220
438
154
102
35
790
106
215
88
141
(D)
7
78
286
70
186
115
(D)
728
74
111
62
106
74
39
245
(D)
426
(D)
555
5,108
1,185
5,844
201
186
152
427
614
231
86
129
241
129
991
240
438
816
283
426
296
427
577
193
334
237
210
199
622
335
655
1,126
82
381
280
211
120
157
271
1,050
175
536
483
1,050
209
1,041
440
(D)
83
808
256
2,008
173
321
48
291
2,554
109
474
17,536
(D)
519
257
(D)
187
77
108
872
(D)
2,745
188
163
244
149
115
135
130
371
105
3,389
530
430
352
176
(D)
72
182
179
526
552
182
818
Durablegoods
manu
facturing
(D)
(D)
(D)
(D)
(D)
778
(D)
7,916
677
45
(D)
3,717
517
1,126
1,427
761
(D)
23
627
75
314
(D)
(D)
1,344
(D)
421
(D)
1,313
(D)
(D)
773
153
(D)
(D)
398
222
203
131
(D)
12
(D)
849
(D)
365
2,722
(D)
(D)
32
(D)
196
7,323
(D)
1,870
(D)
(D)
244
(D)
(D)
(D)
(D)
(D)
78
(D)
285
289
709
(D)
(D)
(D)
47
486
(D)
833
318
285
687
1,351
212
(D)
179
(D)
(D)
(D)
3,627
1,592
(D)
(D)
812
(D)
158
(D)
Nondurablegoods
manu
facturing
(D)
(D)
(D)
(D)
(D)
186
(D)
5,960
378
165
(D)
919
30
1,351
638
402
(D)
320
290
14
1,211
(D)
(D)
194
(D)
355
(D)
444
(D)
(D)
1,989
350
(D)
(D)
265
745
165
92
(D)
97
(D)
1,958
(D)
1,003
1,895
(D)
(D)
528
(D)
2,065
1,566
(D)
1,681
209
(D)
861
(D)
(D)
(D)
(D)
(D)
124
(D)
495
41
196
(D)
(D)
(D)
44
350
(D)
253
98
284
747
1,092
342
(D)
438
(D)
(D)
(D)
769
51
(D)
(D)
330
(D)
75
(D)
Trade
(D)
4,402
26,033
767
(D)
589
1,017
2,782
(D)
607
(D)
1,198
432
3,055
1,062
1,340
(D)
351
1,697
551
1,026
3,028
487
1,742
915
726
451
1,173
1,182
(D)
3,751
329
975
889
522
438
540
636
(D)
381
880
(D)
4,792
619
(D)
1,013
(D)
348
(D)
633
(D)
(D)
1,475
(D)
1,006
4,803
436
908
43,175
(D)
2,035
895
(D)
636
(D)
605
3,189
(D)
(D)
389
825
(D)
765
535
637
(D)
(D)
483
(D)
967
1,281
(D)
683
(D)
380
(D)
700
1,937
(D)
585
2,458
Transpor
tation and
utilities
6,381
1,042
8,462
647
210
196
891
610
(D)
331
141
315
124
1,440
329
263
(D)
452
430
606
405
1,356
184
436
564
117
222
226
740
(D)
1,752
130
364
194
128
156
254
318
(D)
198
333
(D)
1,408
(D)
(D)
707
383
104
(D)
214
(D)
(D)
636
(D)
344
2,976
75
1,762
(D)
(D)
187
152
5,253
391
(D)
1,038
1,237
142
(D)
134
311
(D)
144
266
157
(D)
(D)
173
(D)
306
490
372
197
958
123
(D)
212
(D)
(D)
203
1,092
Infor
mation
18,787
(D)
6,639
(D)
76
152
207
724
141
43
(D)
79
71
695
254
468
390
80
607
(D)
(D)
291
43
450
123
64
114
360
180
697
810
60
236
87
118
66
79
106
707
82
115
341
868
(D)
1,142
172
267
30
1,074
277
2,934
83
108
21
105
1,430
43
81
(D)
198
420
126
(D)
411
72
43
957
78
2,658
50
136
325
279
108
69
142
207
55
8,507
109
319
(D)
124
(D)
38
175
(D)
369
(D)
82
270
Financial
activities
34,041
18,357
40,843
562
1,184
777
1,460
4,682
1,292
339
452
890
327
5,869
1,502
2,279
1,801
485
2,834
(D)
1,671
2,855
565
2,023
974
459
521
1,792
1,220
3,434
4,405
394
1,770
816
467
366
509
656
6,331
421
1,024
3,104
7,220
873
3,870
1,359
1,327
233
5,886
682
34,638
760
1,319
119
1,273
11,231
473
1,712
51,584
1,160
2,128
598
24,589
1,210
460
515
4,986
475
14,514
603
625
522
632
543
779
501
2,381
398
(D)
1,079
949
(D)
674
4,502
307
1,173
1,214
2,895
887
531
2,968
Pro
fessional Education Leisure
Other
and health
and
and
services
business services hospitality
services
24,937
2,925
32,135
265
278
362
573
4,349
576
181
282
579
146
1,626
604
1,027
(D)
(D)
896
180
(D)
3,477
230
912
467
215
148
1,613
904
(D)
2,129
167
733
417
279
178
196
377
(D)
206
561
(D)
3,443
400
3,559
894
541
146
3,274
239
8,977
311
795
75
645
5,034
191
697
(D)
590
4,957
379
10,622
359
265
286
2,544
277
6,662
309
297
(D)
418
400
225
384
(D)
161
(D)
3,329
772
789
357
4,257
150
433
(D)
1,598
606
(D)
1,987
10,374
2,647
18,126
525
480
567
1,586
4,066
872
176
268
627
419
1,966
1,452
1,422
(D)
325
1,135
385
889
1,255
591
1,615
669
330
407
1,173
867
(D)
3,084
408
1,385
748
450
386
502
570
(D)
446
529
(D)
2,791
649
2,082
577
883
293
3,126
460
7,699
619
1,032
54
523
4,121
423
556
(D)
1,512
1,138
442
8,415
551
1,599
552
2,479
550
5,587
215
644
(D)
850
742
565
711
1,369
495
(D)
722
1,193
1,105
538
3,017
265
989
848
1,354
635
565
1,785
5,607
1,009
6,654
147
258
233
386
773
176
103
120
165
101
842
356
390
(D)
164
374
148
354
540
489
390
214
134
92
513
237
479
845
98
435
393
289
84
143
213
925
125
176
650
855
(D)
876
1,115
265
83
993
183
1,878
203
302
47
205
2,967
197
280
(D)
294
506
122
3,456
261
143
134
694
136
2,705
173
144
(D)
218
110
132
169
407
111
(D)
296
327
317
273
1,245
101
171
223
488
472
177
552
3,470
(D)
4,336
(D)
165
97
259
603
172
103
(D)
181
80
522
296
329
375
89
239
145
314
357
113
354
208
137
104
328
215
387
908
100
251
154
100
85
90
165
778
88
236
318
685
139
685
201
220
85
781
105
1,677
118
310
(D)
218
1,201
83
243
6,935
235
442
121
2,211
138
89
145
583
112
1,589
104
128
187
210
147
98
167
298
95
2,276
215
315
275
144
(D)
94
155
187
367
198
123
504
Government
15,191
3,164
18,048
674
1,870
291
1,643
4,789
710
1,413
2,454
542
503
7,435
1,190
1,940
1,156
1,916
1,100
755
9,847
1,932
1,251
1,675
1,098
829
374
1,826
1,236
1,416
4,790
349
3,361
634
673
1,041
921
677
2,590
752
865
1,322
2,982
1,793
3,109
3,021
1,495
1,497
4,949
625
9,201
994
1,444
2,697
967
13,784
335
768
27,979
1,427
5,226
457
8,964
2,473
442
668
4,112
843
8,286
6,120
586
1,607
1,086
634
554
552
1,454
406
12,289
1,472
8,424
1,009
1,150
3,709
442
653
1,573
1,019
837
574
1,984
December
2012
S urvey
of
D-89
C u r r e n t B u s in e s s
Table J.2. Gross Domestic Product by Metropolitan Area for Industries, 2010—Continues
[M illions of dollars]
Metropolitan area
Lancaster, PA.................................................................
Lansing-East Lansing, M l..............................................
Laredo, TX.....................................................................
Las Cruces, NM
Las Vegas-Paradise, N v................................................
Lawrence, KS................................................................
Lawton, OK..
Lebanon, PA
Lewiston, ID-WA............................................................
Lewiston-Auburn, M E ....................................................
Lexington-Fayette, K Y ...................................................
Lima, OH
Lincoln, NE....................................................................
Little Rock-North Little Rock-Conway, AR ....................
Logan, UT-ID....................................
Longview, TX....................................
Longview, WA..................................
Los Angeles-Long Beach-Santa Ana, C A ....................
Louisville-Jefferson County, KY-IN
Lubbock, T X ....................................
..................................................
Lynchburg, VA
Macon, G A .............
Madera-Chowchilla, CA.................................................
Madison, W l...........
Manchester-Nashua, NH...............................................
Manhattan, KS
Mankato-North Mankato, MN........................................
Mansfield, OH
......................................................
McAllen-Edinburg-Mission, TX ......................................
Medford, OR...........
Memphis, TN-MS-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-WI..................
Missoula, MT.................................................................
Mobile, AL...
Modesto, CA
Monroe, LA.
Monroe, M l..
Montgomery, A L ............................................................
Morgantown, WV...........................................................
Morristown, TN ..............................................................
Mount Vernon-Anacortes, WA......................................
Muncie, IN .....................................................................
Muskegon-Norton Shores, M l.......................................
Myrtle Beach-North Myrtle Beach-Conway, S C ...........
Napa, CA.......................................................................
Naples-Marco Island, FL...............................................
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, NJ
Odessa, T X ............
Ogden-Clearfield, U T ...................................................
Oklahoma City, OK..
Olympia, WA...........
Omaha-Council Bluffs, NE-IA.......................................
Orlando-Kissimmee-Sanford, FL..................................
Oshkosh-Neenah, W l....................................................
Owensboro, KY
Oxnard-Thousand Oaks-Ventura, CA...........................
Palm Bay-Melbourne-Titusville, FL...............................
Palm Coast, FL..............................................................
Panama City-Lynn Haven-Panama City Beach, FL......
Parkersburg-Marietta-Vienna, WV-OH.........................
Pascagoula, M S ...............................
Pensacola-Ferry Pass-Brent, FL
Peoria, IL ..........................................
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Phoenix-Mesa-Glendale, A Z .........................................
Pine Bluff, A R ................................................................
Pittsburgh, PA................................................................
Pittsfield, M A .................................................................
Pocatello, ID
Portland-South Portland-Biddeford, M E.......................
Portland-Vancouver-Hillsboro, OR-WA.........................
Port St. Lucie, FL...........................................................
Poughkeepsie-Newburgh-Middletown, NY...................
Prescott, AZ...................................................................
Providence-New Bedford-Fall River, RI-MA..................
Provo-Orem, U T............................................................
Pueblo, CO.
PuntaGorda, FL............................................................
Racine, W l..
Raleigh-Cary, NC...........................................................
Rank of total
GDP by
metropolitan
area
Total
104
19,377
103
19,612
241
5,959
249
5,742
33
89,799
326
3,755
278
4,891
324
3,772
365
2,020
322
3,827
90
23,307
293
4,591
134
14,448
67
32,980
341
3,458
183
9,482
355
2,978
2 735,743
47
58,572
175
9,955
196
8,740
210
7,525
330
3,664
63
35,615
96
20,988
240
5,989
323
3,801
332
3,638
142
13,871
234
6,187
44
65,025
235
6,115
11 257,560
337
3,565
172
10,264
37
84,574
13 199,596
294
4,562
125
15,835
130
15,247
230
6,369
328
3,721
131
14,934
238
6,043
342
3,382
255
5,469
344
3,364
284
4,792
186
9,434
217
7,015
145
13,148
39
80,898
57
40,844
41
71,476
1 1,280,517
247
5,790
89
23,638
136
14,358
214
7,188
3,987
315
242
5,896
119
17,040
48
58,339
195
8,843
52
47,556
29 104,107
204
8,052
302
4,327
62
35,736
106
19,274
366
1,339
223
6,751
246
5,831
208
7,665
138
14,160
111
18,278
7 346,932
15 190,601
349
3,186
22 115,752
265
5,231
2,712
360
86
25,920
21
124,683
160
11,327
93
22,440
297
4,452
66,334
43
133
14,869
305
4,229
346
3,298
222
6,757
49
57,278
Natural
Con
resources
and mining struction
613
216
568
228
216
17
20
168
(D)
35
784
75
157
599
(D)
1,717
119
8,646
434
389
31
95
816
453
20
(D)
282
(D)
616
102
581
1,279
1,262
96
4,979
199
(D)
38
345
1,248
(D)
94
163
217
30
(D)
53
44
36
346
377
140
74
9,573
813
111
438
83
135
35
(D)
97
6,595
101
546
379
34
167
2,146
25
(D)
25
(D)
57
49
392
1,021
2,549
(D)
2,433
17
53
(D)
1,283
(D)
137
424
410
108
44
64
(D)
291
1,159
481
127
215
4,841
115
115
115
76
163
813
107
474
1,160
180
578
257
19,875
2,078
(D)
(D)
(D)
126
966
558
222
157
115
416
358
1,643
206
10,600
149
256
2,174
6,134
211
978
553
(D)
182
622
249
(D)
251
95
139
388
321
870
(D)
1,288
2,624
34,312
133
1,375
357
443
(D)
421
874
1,938
292
1,690
4,469
236
(D)
1,115
755
50
349
(D)
411
760
698
(D)
9,464
151
4,148
231
134
835
3,972
630
821
269
(D)
672
237
191
185
2,293
Durable- Nondurablegoods
goods
manu
manu
facturing
facturing
1,934
1,845
31
312
1,970
99
(D)
379
(D)
167
(D)
584
(D)
(D)
441
822
294
43,550
(D)
(D)
1,136
(D)
172
(D)
2,880
(D)
(D)
723
236
318
(D)
87
(D)
557
(D)
(D)
15,740
69
(D)
578
(D)
559
(D)
(D)
572
344
315
(D)
244
147
217
(D)
3,383
1,941
(D)
(D)
888
(D)
500
13
402
(D)
(D)
169
(D)
(D)
1,478
(D)
2,663
3,637
51
(D)
(D)
(D)
285
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
186
(D)
1,420
427
33
1,272
(D)
2,026
409
19
100
759
280
(D)
495
(D)
353
(D)
1,033
(D)
(D)
429
555
384
30,923
(D)
(D)
1,188
(D)
93
(D)
508
(D)
(D)
108
208
175
(D)
521
(D)
433
(D)
(D)
9,262
87
(D)
1,777
(D)
55
(D)
(D)
512
1,626
67
(D)
47
1,299
58
(D)
1,548
10,051
(D)
(D)
533
(D)
135
41
88
(D)
(D)
97
(D)
(D)
1,487
(D)
3,854
108
7
(D)
(D)
(D)
331
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
41
(D)
629
65
5
1,190
(D)
Trade
2,960
(D)
911
515
9,012
378
301
679
(D)
(D)
3,005
551
(D)
4,805
347
1,346
424
89,016
(D)
1,656
(D)
(D)
366
3,977
2,809
(D)
472
519
2,465
(D)
(D)
670
39,449
393
1,068
9,413
(D)
555
2,102
2,056
960
(D)
1,675
575
(D)
625
409
714
1,238
713
1,658
(D)
5,032
7,110
(D)
549
3,132
1,374
1,121
411
1,025
1,805
(D)
1,248
(D)
12,555
(D)
584
4,772
2,085
194
746
662
401
1,661
1,665
36,955
26,877
(D)
13,601
506
(D)
3,130
(D)
1,731
3,117
679
(D)
1,794
487
514
744
6,681
Transpor
tation and
utilities
730
(D)
783
259
5,094
135
133
167
(D)
(D)
793
201
(D)
1,670
(D)
558
194
27,100
4,336
396
230
485
146
1,115
478
(D)
142
(D)
690
(D)
6,592
376
14,846
275
308
2,977
(D)
293
1,176
737
265
(D)
569
212
(D)
223
131
183
174
223
280
2,914
1,201
(D)
46,634
675
668
1,244
321
(D)
233
642
(D)
244
4,542
3,911
(D)
311
825
527
(D)
296
(D)
284
640
1,009
(D)
9,701
(D)
5,734
154
(D)
(D)
4,449
1,507
1,139
113
2,598
350
354
61
(D)
1,747
Infor
mation
631
504
77
117
1,908
183
66
64
33
91
830
106
308
(D)
58
500
44
69,633
(D)
(D)
151
(D)
96
2,051
1,225
107
166
166
297
201
(D)
137
12,870
43
164
3,272
7,946
144
356
187
523
36
(D)
(D)
(D)
38
43
125
238
118
282
(D)
1,505
(D)
96,576
58
607
214
203
69
145
(D)
1,750
121
(D)
4,712
208
(D)
1,050
538
(D)
182
(D)
86
484
341
13,983
5,567
(D)
4,614
124
(D)
703
(D)
(D)
551
69
2,483
(D)
86
71
60
3,622
Financial
activities
2,850
4,783
642
763
23,622
691
477
289
316
730
3,912
382
3,232
(D)
356
799
239
184,352
12,069
1,593
1,448
1,400
325
10,388
4,871
560
483
383
1,276
1,099
13,320
610
68,286
379
913
21,464
52,428
1,085
2,701
2,428
993
405
2,400
961
271
588
571
645
3,257
1,136
4,315
15,097
8,212
10,350
432,709
781
5,864
1,548
1,248
1,319
611
2,928
9,629
1,353
11,723
31,616
959
538
6,842
2,523
249
1,539
685
419
2,234
2,163
102,516
49,623
(D)
24,258
1,204
377
6,712
(D)
1,873
2,910
663
15,418
2,215
398
731
864
13,390
Pro
fessional Education Leisure
Other
and health
and
and
Government
services
business services hospitality
services
1,621
(D)
351
618
9,294
299
245
206
(D)
348
2,398
230
1,285
3,259
269
648
122
96,683
6,051
660
872
727
185
3,323
2,658
(D)
244
240
826
543
7,203
295
31,230
170
770
10,390
(D)
471
1,576
968
634
349
1,448
444
175
(D)
309
173
521
588
1,186
10,816
4,589
7,135
187,377
368
3,041
1,216
463
205
316
1,443
5,757
591
5,683
13,148
927
186
3,702
3,084
104
640
314
425
1,323
1,937
51,952
22,790
(D)
17,228
490
212
2,949
12,623
943
1,830
256
6,882
1,827
316
280
488
8,759
2,122
1,828
513
620
5,169
241
201
397
255
695
1,825
667
1,538
2,963
(D)
788
323
53,070
5,949
1,221
945
1,353
444
2,508
2,153
(D)
530
437
2,369
879
5,271
473
22,151
352
340
9,413
(D)
606
1,377
1,908
713
264
1,292
707
297
299
548
616
647
650
1,235
12,085
7,098
5,016
109,869
532
2,836
1,300
821
298
(D)
1,279
4,692
962
4,112
7,844
679
312
2,427
1,993
139
494
668
254
1,694
2,155
38,598
17,236
(D)
14,219
958
(D)
2,930
9,539
1,272
3,012
580
8,867
1,874
677
551
659
3,919
632
481
240
228
16,934
158
142
91
72
111
872
116
(D)
932
91
226
98
32,926
2,156
454
215
245
89
898
569
144
105
116
582
276
3,092
160
12,791
189
234
2,356
6,694
207
451
447
192
141
420
177
81
162
114
163
1,319
486
1,199
3,906
1,043
3,778
42,460
183
1,355
569
324
409
200
460
2,000
323
1,423
10,109
159
126
1,156
757
79
416
173
137
556
520
9,346
7,801
(D)
3,900
328
85
1,114
3,352
568
740
250
2,504
384
170
182
164
1,596
604
586
162
169
1,583
156
76
105
81
82
452
111
365
695
125
230
83
16,727
(D)
306
240
208
110
827
490
129
116
96
482
195
(D)
173
6,756
97
183
1,760
4,050
136
483
442
171
110
(D)
(D)
(D)
130
99
126
226
194
405
(D)
1,024
1,461
25,691
146
769
283
259
116
197
(D)
1,205
287
(D)
2,139
188
116
861
504
48
205
(D)
105
419
439
6,814
3,791
73
2,773
169
74
514
2,582
397
576
138
1,600
(D)
137
152
157
1,219
1,495
4,585
1,535
1,600
9,397
1,002
2,662
618
324
336
3,531
427
2,566
5,962
682
715
397
63,241
6,015
1,892
861
909
696
5,795
1,769
3,379
564
527
3,408
835
7,578
1,129
27,966
433
596
6,940
18,363
659
2,132
1,918
737
399
3,666
1,464
420
766
611
603
1,099
793
1,066
7,551
4,846
6,535
114,962
573
2,133
3,704
1,216
723
626
4,091
10,854
3,057
5,512
8,675
762
635
4,324
2,737
248
1,534
798
878
3,724
1,344
30,829
19,329
749
9,728
513
517
3,208
12,060
1,452
4,877
782
8,444
1,655
830
463
681
6,663
D-90
Regional Data
December 2012
Table J.2. Gross Domestic Product by Metropolitan Area for Industries, 2010— Table Ends
[Millions of dollars]
Metropolitan area
Rapid City, S D .............................................................
Reading, PA ...........................................................
Redding, CA
Reno-Sparks, N V ........................................................
Richmond, VA...
Riverside-San Bemardino-Ontario, C A ......................
Roanoke, VA
Rochester, MN..
Rochester, N Y ..
Rockford, IL
Rocky Mount, N C ........................................................
Rome, GA....................................................................
Sacramento-Arden-Arcade-Roseville, CA..................
Saginaw-Saginaw Township North, M l.......................
St. Cloud, MN..............................................................
St. George, U T............................................................
St. Joseph, MO-KS......................................................
St. Louis, MO-IL...........................................................
Salem, OR...................................................................
Salinas, CA..................................................................
Salisbury, M D ..............................................................
Salt Lake City, UT........................................................
San Angelo, T X ...........................................................
San Antonio-New Braunfels, TX ..................................
San Diego-Carlsbad-San Marcos, CA........................
Sandusky, OH..............................................................
San Francisco-Oakland-Fremont, CA.........................
San Jose-Sunnyvale-Santa Clara, C A .......................
San Luis Obispo-Paso Robles, CA.............................
Santa Barbara-Santa Maria-Goleta, CA.....................
Santa Cruz-Watsonville, C A.......................................
Santa Fe, N M ..............................................................
Santa Rosa-Petaluma, C A .........................................
Savannah, GA..,
Scranton-Wilkes-Barre, PA..........................................
Seattle-Tacoma-Bellevue, WA....................................
Sebastian-Vero Beach, FL...........................................
Sheboygan, Wl.,
Sherman-Denison, TX.................................................
Shreveport-Bossier City, LA.........................................
Sioux City, IA-NE-SD...................................................
Sioux Falls, SD.
South Bend-Mishawaka, IN-MI...................................
Spartanburg, SC
Spokane, WA
Springfield, IL...,
Springfield, MA.,
Springfield, MO.,
Springfield, OH..
State College, PA.........................................................
Steubenville-Weirton, OH-WV....................................
Stockton, CA
Sumter, SC
Syracuse, NY
Tallahassee, F L .
Tampa-St. Petersburg-Clearwater, F L........................
Terre Haute, IN ............................................................
Texarkana, TX-Texarkana, AR....................................
Toledo, OH
Topeka, KS
Trenton-Ewing, NJ.......................................................
Tucson, AZ
Tulsa, OK
Tuscaloosa, AL.,
Tyler, TX
Utica-Rome, NY,
Valdosta, GA
Vallejo-Fairfield, C A .....................................................
Victoria, TX..................................................................
Vineland-Millville-Bridgeton, NJ...................................
Virginia Beach-Norfolk-Newport News, VA-NC..........
Visalia-Porterville, CA..................................................
Waco. TX.....................................................................
Warner Robins, G A .....................................................
Washington-Arlington-Alexandria, DC-VA-MD-WV
Waterloo-Cedar Falls, IA .............................................
Wausau, Wl
Wenatchee-East Wenatchee, W A..............................
Wheeling, WV-OH.......................................................
Wichita, KS
Wichita Falls, TX
Williamsport, PA
Wilmington, N C .
Winchester, VA-WV.....................................................
Winston-Salem, NC.....................................................
Worcester, MA.............................................................
Yakima, W A .................................................................
York-Hanover, PA.........................................................
Youngstown-Warren-Boardman, OH-PA.....................
Yuba City, CA...............................................................
Yuma, AZ.....................................................................
Rank of total
GDP by
metropolitan
area
264
132
268
99
45
25
144
185
53
149
256
348
32
219
211
345
295
20
150
115
308
42
321
38
16
353
8
17
166
102
179
218
100
147
101
12
309
269
340
94
224
124
153
165
113
180
91
137
334
236
335
105
351
77
143
23
245
301
82
189
81
68
55
194
200
190
307
140
280
275
40
159
197
254
4
205
252
331
259
84
248
319
139
271
92
74
213
127
121
289
273
Total
5,241
14,876
5,147
20,172
64,321
109,818
13,304
9,457
45,742
12,521
5,465
3,207
92,873
6,884
7,456
3,348
4,497
129,734
12,488
17,777
4,139
66,456
3,863
82,036
171,568
3,124
325,927
168,517
10,662
19,623
9,697
6,897
19,888
12,933
19,697
231,221
4,135
5,130
3,465
22,243
6,734
16,232
12,029
10,673
18,090
9,681
22,619
14,316
3,628
6,095
3,599
19,375
3,156
27,620
13,395
113,702
5,833
4,362
26,605
9,371
26,680
32,324
44,823
8,859
8,461
9,138
4,161
13,925
4,840
4,984
80,518
11,349
8,597
5,491
425,167
7,810
5,650
3,653
5,363
26,299
5,744
3,876
13,976
5,069
22,590
29,233
7,291
15,318
16,613
4,682
5,034
Natural
Con
resources
struction
and mining
47
220
162
143
259
1,583
40
157
(D)
70
(D)
22
1,159
111
(D)
(D)
138
740
661
3,442
74
(D)
401
2,013
1,089
41
2,879
852
521
1,707
597
198
408
(D)
140
1,192
175
70
72
6,849
(D)
482
106
44
120
(D)
76
16
103
90
62
1,369
55
188
(D)
835
223
57
(D)
98
12
875
3,820
828
1,079
93
105
289
628
168
525
2,364
112
5
450
(D)
105
435
806
639
1,110
122
117
26
92
60
1,289
198
204
683
751
230
583
280
1,015
(D)
5,968
(D)
330
1,703
464
176
70
4,238
190
483
206
155
(D)
505
495
(D)
2,766
138
3,582
6,147
67
9,976
3,623
618
744
519
229
1,106
507
606
8,024
210
144
158
615
194
435
333
404
746
356
819
(D)
73
211
111
898
152
1,032
533
4,690
224
139
864
340
567
1,355
1,655
304
252
276
(D)
761
(D)
202
(D)
397
382
99
(D)
222
165
138
(D)
918
157
137
772
(D)
604
1,034
215
720
518
187
206
Durable- Nondurablegoods
goods
manu
manu
facturing
facturing
189
2,297
142
1,301
(D)
5,346
(D)
(D)
4,425
2,861
601
261
3,382
1,393
700
143
(D)
(D)
(D)
161
(D)
5,197
(D)
(D)
11,012
473
(D)
(D)
(D)
(D)
(D)
46
(D)
(D)
(D)
(D)
141
1,083
793
(D)
(D)
(D)
1,908
(D)
1,311
(D)
1,438
(D)
481
341
(D)
665
480
2,179
(D)
(D)
(D)
(D)
3,218
(D)
485
(D)
(D)
(D)
602
662
(D)
372
(D)
414
(D)
187
1,351
132
(D)
1,730
865
(D)
(D)
(D)
(D)
541
766
(D)
1,207
2,819
234
(D)
(D)
(D)
67
(D) Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the totals.
28
1,041
37
362
(D)
3,553
748
(D)
5,133
607
1,219
513
1,464
109
531
21
(D)
(D)
(D)
717
233
2,386
(D)
(D)
3,701
441
(D)
(D)
(D)
(D)
(D)
54
(D)
(D)
(D)
(D)
29
959
171
(D)
(D)
(D)
765
(D)
282
(D)
1,006
(D)
138
61
(D)
1,081
181
1,207
(D)
(D)
(D)
(D)
2,548
(D)
812
(D)
(D)
(D)
253
296
293
2,209
(D)
431
(D)
783
732
499
(D)
579
508
(D)
(D)
(D)
(D)
444
834
(D)
4,376
1,473
414
(D)
(D)
(D)
115
Trade
712
1,991
781
2,476
6,936
16,598
1,771
(D)
(D)
(D)
747
375
(D)
847
933
454
490
(D)
1,165
2,317
582
(D)
(D)
9,805
16,383
358
29,631
16,379
1,246
1,959
1,458
831
2,573
(D)
(D)
26,934
631
525
437
2,033
782
1,950
1,520
1,651
2,673
1,007
2,533
(D)
(D)
458
366
2,861
306
3,610
(D)
15,209
(D)
(D)
(D)
(D)
2,222
3,299
5,124
(D)
1,090
(D)
498
1,664
(D)
(D)
(D)
1,538
945
390
28,100
(D)
803
549
(D)
3,431
580
526
1,520
621
(D)
3,596
1,125
1,667
2,486
(D)
572
Transpor
tation and
utilities
292
784
404
(D)
2,733
7,253
829
(D)
(D)
(D)
(D)
189
(D)
243
(D)
241
245
5,809
378
556
239
(D)
(D)
3,092
5,152
97
13,845
4,353
1,150
356
200
90
624
(D)
(D)
8,466
54
168
147
1,023
(D)
492
436
358
906
(D)
1,085
886
(D)
134
679
1,593
98
2,713
(D)
5,427
(D)
(D)
(D)
808
673
1,498
3,759
(D)
360
(D)
222
564
(D)
(D)
3,654
663
330
141
11,974
(D)
228
87
(D)
982
(D)
119
1,048
205
(D)
1,379
339
1,150
845
(D)
151
Infor
mation
149
182
102
(D)
(D)
2,997
(D)
183
1,848
239
(D)
133
2,909
231
(D)
(D)
(D)
(D)
172
337
130
2,345
(D)
3,856
9,751
39
18,965
21,902
199
733
167
237
475
221
997
26,751
117
31
56
408
111
480
265
122
352
(D)
533
542
36
273
73
367
30
714
598
5,430
79
71
494
(D)
1,720
800
1,765
(D)
381
226
(D)
228
(D)
113
(D)
201
202
43
25,562
113
75
62
121
791
(D)
84
413
(D)
(D)
938
87
349
329
67
63
Financial
activities
1,142
2,049
735
5,112
15,024
20,008
2,216
908
6,301
1,741
613
247
20,175
1,064
1,119
710
487
22,890
2,264
2,337
585
17,749
(D)
15,338
41,243
368
77,858
22,572
1,985
3,611
1,827
1,755
4,173
1,577
2,639
49,064
1,023
722
374
2,326
<D)
7,172
1,965
1,146
3,492
1,704
3,927
2,374
632
892
341
3,168
229
4,528
1,995
26,010
598
564
3,845
1,737
5,509
5,314
7,420
1,293
1,007
1,457
557
1,729
(D)
563
15,950
1,123
1,246
409
90,541
1,331
1,185
572
701
3,540
488
376
3,562
776
(D)
4,570
742
2,065
2,419
625
499
Pro
fessional Education Leisure
Other
and health
and
and
Government
business services hospitality services
services
322
1,718
420
2,083
9,844
8,802
1,352
342
5,459
847
349
157
11,658
592
462
216
273
18,959
815
1,254
420
7,900
(D)
8,890
24,276
114
61,265
28,191
925
2,688
1,194
664
2,407
1,124
1,586
26,934
372
280
171
1,164
(D)
947
1,179
893
1,589
830
1,894
1,566
255
503
133
1,265
190
2,762
(D)
15,480
285
288
(D)
744
5,261
3,697
4,886
452
729
618
(D)
887
237
246
7,810
636
574
497
98,516
(D)
384
162
358
2,336
(D)
249
1,266
(D)
2,294
3,474
291
1,344
1,311
236
370
676
1,582
798
1,637
5,266
9,599
1,671
3,938
(D)
1,577
(D)
659
8,481
920
1,060
447
483
14,455
1,726
1,154
589
4,119
(D)
7,387
11,174
320
23,362
11,188
875
1,649
1,002
665
1,997
1,574
2,768
15,340
542
516
453
1,775
(D)
(D)
1,884
775
2,526
(D)
3,989
2,139
479
465
422
2,100
297
3,301
(D)
11,583
698
499
(D)
1,032
3,365
3,794
3,562
530
1,355
1,311
(D)
1,659
411
552
5,629
742
989
276
26,510
(D)
577
456
620
2,661
(D)
466
1,012
687
@FedFRASER