Full text of Survey of Current Business : December 2013
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DECEMBER 201 3 SURVEY OF CURRENT BUSINESS BEA’s MONTHLY JOURNAL Survey of Current Business to be published online only Beginning with the February 2014 issue, the Bureau of Economic Analysis (BEA) will discontinue publishing paper copies of the Survey of Current Business. BEA will continue to publish the Survey as a free online publication on its Web site (www.bea.gov). In recent years, usage of the print publication has declined, and budgetary pressures have increased, resulting in the decision to main tain the online publication only. General Information James Kim Editor in Chief, Survey of Current Business Bureau of Economic Analysis james.kim@bea.gov 202-606-9275 Information About Subscriptions Darlene Matthews GPO Contact Center dmatthews@gpo.gov 202-512-2010 ext. 30902 Sign up for e-mail notifications when each issue of the Survey is available on www.bea.gov. In This Issue . . . Local Area Personal Income Results of the 201 3 Comprehensive Revision dper HC101 .A13 v. 93 no. 12 Dec 2013 BEA ECONOMIC ANALYSIS IMENT OF COMMERCE D STATISTICS ADMINISTRATION https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S. Department of Commerce Penny S. Pritzker, Secretary Economics and Statistics Administration Mark Dorns, Under Secretary for Economic Affairs Bureau of Economic Analysis J. Steven Landefeld, Director Brian C. Moyer, Deputy Director Brian M. Callahan, Chief Information Officer Dennis J. Fixler, Chief Statistician Kathleen James, ChiefAdministrative Officer Brent R. Moulton, Associate Director for National Economic Accounts Carol E. Moylan, Associate Director for Industry Accounts Joel D. Platt, Associate Director for Regional Economics Sarahelen Thompson, Associate Director for International Economics BEA Advisory Committee The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national, regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from innovative and advancing technologies, and it provides recommendations from the perspective of business economists, academicians, researchers, and experts in government and international affairs. Ernst R. Berndt, Chair, Massachusetts Institute of Technology Alan J. Auerbach, University of California, Berkeley Barry P. Bosworth, 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 James Kim, Editor-in-Chief M. Gretchen Gibson, Managing Editor Kristina L. Maze, Production Manager Colby Johnson, Graphic Designer Danielle Elelta, Editor The information in this journal is in the public domain and may be reprinted without the permission of the Bureau of Economic Analysis. Citation of the Survey of Current business as the source is appreciated. The Secretary of Commerce has determined that the publication of The Survey of Current business (ISSN 0039-6222) is pub this periodical is necessary in the transaction of the public business lished monthly by the Bureau of Economic Analysis of the U.S. required by law of the Department. Department of Commerce. Send editorial correspondence to customerservice@bea.gov. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis SURVEY OF CURRENT BUSINESS December 2013 1 Volume 93 • Number 12 GDP and the Economy: Second Estimates for the Third Quarter of 2013 Real GDP rose 3.6 percent after rising 2.5 percent in the second quarter. Business investment and state and local government spending picked up, and imports slowed. Consumer spending slowed. 11 Government Receipts and Expenditures: Third Quarter of 2013 Net government saving decreased $236.4 billion to -$1,087.1 billion. Net federal government saving decreased $201.1 billion to -$854.2 billion. Net state and local government saving decreased $35.2 billion to -$232.8 billion. 14 Comprehensive Revision of Local Area Personal Income: New Statistics for 2012 and Revised Statistics for 2001-2011 In 2012, personal income grew more slowly in the nonmetropolitan portion of the United States (3.7 percent) than in the metropolitan portion (4.2 percent). Growth in most counties and metropolitan areas grew between 2.0 percent and 6.0 percent. 21 Alternative Measures of County Employment and Wages 46 Subject Guide A list of the articles published in the Survey of Current Business in 2013. 49 Schedule of BEA News Releases in 2014 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis www.bea.gov /■/ December 2013 D-1 BEA Current and Historical Data Hi Director’s Message iv Taking Account BEA’s Web Site and Contacts (inside back cover) Schedule of Upcoming BEA News Releases (back cover) Looking Ahead U.S. International Transactions. Statistics for the third quarter of 2013. U.S. International Investment Position. Statistics for the end of the third quarter of 2013. Regional Quarterly Report. State personal income for the third quarter of 2013. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Hi December 2013 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Director’s Message Beginning with the February 2014 issue, the Bureau of Economic Analysis (BEA) will discontinue publishing paper copies of the Survey of Current Business. BEA will continue to publish the Sur vey as a free online publication on its Web site (www.bea.gov). In recent years, usage of the print publication has declined, and budgetary pressures have increased, resulting in the decision to maintain the online publication only. Rest assured that the Survey will continue to publish highquality articles in an online format. In fact, the move to an online-only presentation will serve as the first step toward a publication that fully exploits the advan tages of the Web. We intend to provide a publication that will serve customers with more relevant, more accessible, more useful information and statistics delivered in less cumbersome for mats—all via a more cost-effective process. We remain excited about the future of the Survey. As always, we’re interested in any ideas or comments from our customers about the content of the Survey as well as ideas for possible new features. Please contact James Kim, Editor in Chief, at james.kim@bea.gov. For subscription information, please contact Darlene Matthews at the U.S. Government Print ing Office contact center at dmatthews@gpo.gov. J. Steven Landefeld Director, Bureau of Economic Analysis iv December 2013 Taking Account. New report details direct investment abroad data Preliminary statistics gathered in the Bureau of Economic Analy sis (BEA) 2011 annual survey of U.S. direct investment abroad on the financial structure and oper ations of U.S. multinational companies (MNCs) and their foreign affiliates are now avail able on the BEA Web site. These statistics supersede the advance statistics for 2011 published in the April 2013 press release. The data in the publication provide a comprehensive look at the finances and operations of U.S. MNCs. Data items include balance sheet items such as assets and liabilities, employ ment and employee compensa tion, sales, capital expenditures, trade in goods, and expenditures for research and development (R&D). The data give a detailed picture of the levels and growth of U.S. direct investment abroad as well as its distribution by in dustry and by country. The statistics provide com prehensive and reliable informa tion needed to monitor, analyze, and guide policy on U.S. direct investment abroad. They can be used to evaluate the conse quences to the economies of the United States and foreign host countries that stem from the ac tions of U.S. MNCs. The data on the operations of U.S. MNCs cover the entire op erations, both domestic and for eign, of U.S. MNCs. The domestic operations are represented by the operations of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the U.S. parents, and the foreign operations are represented by the operations of the foreign af filiates. For comparison with the data on domestic operations, data for majority-owned for eign affiliates are often the pre ferred measure of foreign operations because these for eign affiliates are majorityowned, like the domestic opera tions covered by the U.S. parent data. For selected statistics, includ ing value added, employment, employee compensation, capital expenditures, and R&D expen ditures, the data for U.S. parents are combined with data for ma jority-owned foreign affiliates to arrive at an aggregate total value for U.S. MNCs. In 2011, total MNC value added grew 8.3 per cent, the combined result of 4.9 percent growth of parents and 16.3 percent growth of majorityowned foreign affiliates. Summed totals can be used to examine the domestic and for eign split in the MNC worldwide operations. While the value added of ma jority-owned affiliates grew faster in 2011 than that of U.S. parents, U.S. parents continued to account for roughly twothirds or more of U.S. MNC combined value added (68.2 percent), capital expenditures (73.1 percent), R&D (83.0 per cent), and employment (66.0 percent). For other statistics, including sales and assets, an MNC-wide total cannot be calculated, be cause adding data for U.S. par ents and foreign affiliates would result in duplication from trans actions and positions within the MNC. Comparisons by industry should be done using data on foreign affiliates by industry of U.S. parent so that the two data series are classified on a consis tent basis. Data on U.S. parents were reported by companies on the BE-11A survey form. The amount of data collected de pended on the size of the parent company. Although the data were collected on a sample sur vey, the statistics cover the uni verse of U.S. parent companies and their foreign affiliates. Survey to go online only beginning February 2014 As noted in this month’s Direc tor's Message, BEA has an nounced that it will discontinue publishing paper copies of the Survey of Current Business. BEA will continue to publish the Sur vey as a free online monthly publication on its Web site at www.bea.gov. In recent years, usage of the print publication has declined. In addition, bud getary pressures have increased, prompting the decision to main tain the online publication only. News release schedule for 2014 now available BEA has posted its 2014 press re lease schedule at www.bea.gov, along with a downloadable elec tronic calendar of releases dates. December 2013 1 GDP and the Economy Second Estimates for the Third Quarter of 2013 EAL GROSS domestic product (GDP) increased Chart 1. GDP, Prices, Disposable Personal Income (DPI) . 3.6 percent at an annual rate in the third quarter of 2013, according to the second estimates of the na tional income and product accounts (NIPAs) (chart 1 and table l).1 The estimate of real GDP growth was re vised up 0.8 percentage point from the advance esti mate of 2.8 percent; the upward revision primarily reflected upward revisions to inventory investment and to nonresidential fixed investment that were partly offset by an upward revision to imports and a down ward revision to exports.2 The acceleration in real GDP in the third quarter primarily reflected an acceleration in inventory invest ment, a deceleration in imports, and an acceleration in Consumer spending state and local government spending that were partly Nonresidential fixed investment offset by decelerations in exports, in consumer spend ing, and in nonresidential fixed investment. Residential fixed investment • Prices of goods and services purchased by U.S. resi Inventory investment dents increased 1.8 percent in the third quarter after Exports increasing 0.2 percent in the second quarter. Energy prices turned up sharply in the third quarter, and Imports food prices accelerated slightly. Excluding food and Government spending energy, prices increased 1.5 percent in the third quar 0.5 1.0 1.5 -0.5 2.0 ter after increasing 0.8 percent. Percentage points at an annual rate • Real disposable personal income (DPI) increased 2.9 percent in the third quarter, 0.4 percentage point more than in the advance estimate, after increasing 4.1 percent (revised) in the second quarter (see “Per sonal Income for the Second Quarter of 2013” on page 9). The deceleration in real DPI reflected an upturn in the implicit price deflator for consumer spending, which is used to deflate DPI. Current-dol lar DPI increased 5.0 percent after increasing 4.0 per cent (revised). • The personal saving rate, personal saving as a per centage of current-dollar DPI, was 5.0 percent; in the second quarter, the rate was 4.7 percent (revised). • Corporate profits from current production increased $38.3 billion in the third quarter after increasing $66.8 billion in the second quarter (see table 9). R ■ 1. “Real” estimates are in chained (2009) dollars, and price indexes are chain-type measures. Each GDP estimate for a quarter (advance, second, and third) incorporates increasingly comprehensive and improved source data; for more information, see “Revisions to GDP, GDI, and Their Major Components” in the July 2011 Survey of Current Business. Quarterly esti mates are expressed at seasonally adjusted annual rates, which assumes that a rate of activity for a quarter is maintained for a year. 2. In this article, “consumer spending” refers to “personal consumption expenditures,” “inventory investment” refers to “change in private invento ries,” and “government spending” refers to “government consumption expenditures and gross investment.” https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S. Bureau of Economic Analysis Lisa S. Mataloni prepared this article. GDP and the Economy 2 December 2013 Real GDP Overview Table 1. Real Gross Domestic Product (GDP) and Related Measures [Seasonally adjusted at annual rates] Share of currentdollar GDP (percent) Contribution to percent change in real GDP (percentage points) Change from preceding period (percent) 2012 2013 2013 2013 2012 III IV I II III IV I II III 0.1 1.1 2.5 3.6 0.1 1.1 2.5 3.6 Gross domestic product1......... 100.0 Personal consumption expenditures................................ 68.2 1.7 2.3 1.8 1.4 1.13 1.54 1.24 0.96 Goods............................................ Durable goods........................... Nondurable goods.................... Services........................................ 23.1 7.5 15.6 45.1 3.7 10.5 0.6 0.6 3.7 5.8 2.7 1.5 3.1 6.2 1.6 1.2 4.1 7.7 2.4 0.0 0.85 0.74 0.10 0.29 0.85 0.43 0.43 0.69 0.71 0.46 0.26 0.53 0.93 0.56 0.37 0.02 Gross private domestic investment................................... 16.2 -2.4 4.7 9.2 16.7 -0.36 0.71 1.38 Fixed investment........................... 15.3 11.6 -1.5 6.5 5.4 Nonresidential........................... Structures.............................. Equipment............................. Intellectual property products 12.2 2.8 5.5 3.8 9.8 -4.6 17.6 -25.7 8.9 1.6 5.7 3.7 4.7 17.6 3.3 1.13 -0.57 0.56 0.44 -0.80 0.43 0.47 0.09 0.18 0.21 0.14 -0.06 0.36 0.00 -1.5 3.5 13.8 0.0 1.7 Residential................................ 3.2 19.8 14.2 13.0 0.50 0.34 0.40 0.38 Change in private inventories...... 0.9 -2.00 0.93 0.41 1.68 Net exports of goods and services......................................... -3.0 0.68 -0.28 -0.07 0.07 12.5 1.63 -0.23 0.96 Consumer spending slowed in the third quarter. Spending for services decelerated and was partly offset by a pickup in spending for goods. 2.49 / / 0.81 0.42 / Inventory investment picked up, primarily reflecting a pickup in nonfarm inventory investment (see page 5). Farm inventory investment increased at about the same rate as in the second quarter. 0.07 Exports.......................................... 13.4 1.1 -1.3 8.0 3.7 0.15 -0.18 1.04 Goods........................................ 9.3 -3.0 -2.8 9.4 5.4 -0.28 -0.27 0.84 0.49 0.09 0.20 0.00 Exports slowed; the slowdown reflected decelerations in both goods and services (see page 6). Services.................................... 4.1 11.3 2.2 4.8 0.1 0.43 Imports.......................................... 16.4 -3.1 0.6 6.9 2.7 0.53 -0.10 -1.10 -0.43------------ Goods........................................ 13.7 -3.5 -0.2 7.5 2.7 0.50 Services.................................... Government consumption expenditures and gross investment................................... 2.7 -1.0 5.0 4.0 2.5 0.03 -0.13 -0.11 -0.07 0.03 -1.00 -0.36 0.4 -1.31 -0.82 -0.07 0.09-—.____ -6.5 -4.2 -0.4 7.4 -13.9 -8.4 -1.6 -1.4 -1.19 -0.68 -0.12 -0.10 National defense...................... 4.6 -21.6 -11.2 -0.6 -0.3 -1.22 -0.57 -0.03 -0.01 Nondefense............................... 2.8 1.0 -3.6 -3.1 -3.1 State and local.............................. 11.2 -1.0 -1.3 0.4 1.7 -0.12 -0.14 Final sales of domestic product...... 99.1 2.2 0.2 2.1 1.9 Goods................................................ Services............................................. Structures......................................... 31.0 61.4 7.6 -1.2 -0.6 12.7 5.5 0.3 -9.2 3.9 0.7 11.9 Motor vehicle output........................ GDP excluding motor vehicle output Final sales of computers.................. GDP excluding final sales of computers..................................... Research and development (R&D) 2.7 97.3 0.4 -2.8 0.2 50.3 9.2 0.9 17.5 12.1 -12.7 -0.07 2.2 4.1 0.22 15.4 -11.7 0.16 0.24 0.91 0.07 0.32 -0.37 2.16 3.98 0.06 -0.05 99.6 2.5 0.0 0.4 2.4 1.9 3.7 -0.02 1.3 0.01 97.5 0.1 2.5 3.7 1.08 0.00 1.15 2.42 0.05 GDP excluding R&D........................ 1.1 -0.2 1.2 4.9 2.4 3.2 1.4 Federal.......................................... 18.6 0.03 -0.11 -0.09 -0.09 0.05 0.19 2.07 1 92-____ Addenda: Gross domestic income (GDI)2...... 2.14 0.21 9.6 -0.36 1.63 -0.2 -0.35 0.21 12.4 0.85 -0.70 0.13 1.20 2.86 0.46 -0.14 0.82 0.88 2.43 3.65 0.03 3.57 / / / / 1. The estimates of GDP under the contribution columns are also percent changes. 2. GDI is deflated by the implicit price deflator for GDP. The second-quarter change in GDI reflects the incorpo ration of revised wage and salary estimates for the second quarter of 2013. Note. Percent changes are from NIPA tables 1.1.1 and 1.2.1, contributions to percent change are from NIPA tables 1.1.2 and 1.2.2, and shares are from NIPA table 1.1.10, or they are calculated from table 1.2.5. For GDI, percent changes are from NIPA table 1.7.1. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Nonresidential fixed investment slowed, reflecting de celerations in equipment spending and in nonresiden tial structures that were partly offset by an upturn in intellectual property products (see page 4). Imports slowed; the slowdown primarily reflected a deceleration in goods, but services also slowed. Government spending turned up, reflecting a pickup in state and local government spending and a slightly smaller decrease in federal government spending (see page 7). Real final sales of domestic product, real GDP less in ventory investment, increased 1.9 percent in the third quarter after increasing 2.1 percent in the second quarter. Real gross domestic income, which measures the out put of the economy as the incomes earned and costs incurred in production, increased 1.4 percent after in creasing 3.2 percent (revised). December 2013 3 Survey of Current Business Consumer Spending Table 2. Real Personal Consumption Expenditures (PCE) [Seasonally adjusted at annual rates] Share of currentdollar PCE (percent) Change from preceding period (percent) 2013 2012 III IV 2013 I II 1.7 2.3 1.8 PCE1....................................... 100.0 Goods.............................................. 33.9 3.7 3.7 Durable goods......................... 11.1 10.5 5.8 Motor vehicles and parts.... 3.7 14.3 5.2 2.5 4.4 3.1 1.8 Furnishings and durable household equipment.... Recreational goods and vehicles............................ Other durable goods......... Nondurable goods................ 22.9 Food and beverages purchased for offpremises consumption.... 7.7 Contribution to percent change in real PCE (percentage points) 2012 III IV 2013 I II 2.3 1.8 III 1.4 1.4 1.7 3.1 4.1 1.24 1.24 1.04 1.35 6.2 7.7 1.09 0.62 0.66 0.82 -0.9 5.4 0.49 0.19 -0.03 0.20 4.1 9.0 12.1 0.11 0.10 0.21 0.29 10.7 11.5 8.1 5.8 11.7 8.6 11.6 0.0 0.31 0.19 0.24 0.10 0.33 0.15 0.33 0.00 0.6 2.7 1.6 2.4 0.15 0.62 0.37 0.53 2.8 0.07 0.15 -0.08 0.22 0.9 2.0 -1.1 Clothing and footwear........ Gasoline and other energy goods............................... 3.2 -1.8 1.8 5.9 -3.7 -0.06 0.06 3.6 -5.3 4.5 -0.9 -0.8 -0.21 0.16 -0.03 -0.03 Other nondurable goods.... 8.5 4.2 3.0 3.7 5.6 0.34 0.25 0.31 0.46 Services......................................... 66.1 0.6 1.5 1.2 0.0 0.43 1.01 0.78 0.03 Household consumption expenditures....................... 63.5 0.3 2.4 1.4 0.0 0.20 1.53 0.87 -0.02 Housing and utilities.......... 18.1 -2.7 4.7 0.1 -2.2 -0.50 0.84 Health care......................... Transportation services..... Recreation services............ Food services and accommodations............. 16.6 2.8 3.7 2.3 -0.2 -1.7 1.3 2.9 2.4 3.6 0.1 -0.9 0.9 0.38 1.3 -0.01 1.0 -0.06 6.4 6.5 2.5 0.8 0.0 7.4 -0.2 5.5 4.0 8.6 0.2 -2.8 -0.4 1.3 9.0 -18.1 1.2 -3.0 -3.9 3.4 2.1 0.8 0.23 -0.51 -0.10 0.13 -0.32 0.36 0.05 0.08 2.4 5.7 0.19 0.03 Financial services and insurance........................ Other services.................... Final consumption expendi tures of NPISHs2................ Gross output of NPISHs3... Less: Receipts from sales of goods and services by NPISHs4......................... 2.5 10.7 8.2 -1.3 0.18 -0.12 0.01 -0.41 0.21 0.58 0.08 0.00 0.09 -0.03 0.15 0.04 0.04 0.40 0.16 0.05 0.00 0.8 -0.01 0.39 0.29 0.06 0.02 -0.25 -0.03 0.11 0.4 -0.10 0.45 Consumer spending slowed in the third quarter, re flecting a deceleration in spending for services that was partly offset by a pickup in spending for goods. The pickup in spending for goods was for both dura ble and nondurable goods. The pickup in spending for durable goods was more than accounted for by an upturn in motor vehicles and parts. The pickup in spending for nondurable goods primar ily reflected an upturn in food and beverages pur chased for off-premises consumption and an acceleration in “other” nondurable goods that were partly offset by a downturn in clothing and footwear. The slowdown in spending for services primarily re flected a downturn in housing and utilities (largely due to a downturn in spending for natural gas) and slowdowns in health care and in financial services and insurance. These were partly offset by upturns in spending by nonprofit institutions serving households and in spending for “other” services. Chart 2. Real Personal Consumption Expenditures Percent change from the preceding quarter 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, contributions are from NIPA table 2.3.2, and shares are calculated from NIPA table 2.3.5. NPISHs Nonprofit institutions serving households https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0 0.5 1.0 Percentage points at an annual rate U.S. Bureau of Economic Analysis 1.5 GDP and the Economy 4 December 2013 Private Fixed Investment Table 3. Real Private Fixed Investment (PFI) [Seasonally adjusted at annual rates] Share of currentdollar PFI (percent) 2013 2012 III IV 2013 I II III I IV II 100.0 11.6 -1.5 6.5 5.4 11.6 -1.5 6.5 79.4 9.8 -4.6 4.7 3.5 8.09 -3.75 3.80 -5.29 2.90 17.6 -25.7 17.6 13.8 3.10 -3.4 -0.5 -5.2 19.2 -0.14 2.0 17.1 -5.4 -19.2 55.5 3.7 98.0 -68.3 37.8 2.9 Mining exploration, shafts, and wells........................... 5.6 -2.0 -1.6 30.8 Other structures 2................ 2.7 -2.5 -15.2 41.0 Equipment................................. 36.2 8.9 1.6 Information processing equipment........................ 11.3 20.0 -2.7 Computers and peripheral equipment... 2.9 Other3.............................. 8.3 3.1 18.2 4.3 Manufacturing...................... Power and communication / / / III 5.4// Private fixed investment'..... Commercial and health care / 2013 2012 Nonresidential............................... Structures / / / Contribution to percent change in real PFI (percentage points) Change from preceding period (percent) 2.83/ ------------ -0.02 -0.22 0.75 0.31 -0.11 -0.39 0.84 3.08 -4.67 1.19 0.11 10.7 -0.10 -0.08 1.43 0.56 3.3 -0.06 -0.42 0.90 0.09 3.3 0.0 3.51 0.59 1.27 0.04-^^ 9.3 1.8 2.21 -0.31 1.05 0.22 80.1 -15.8 -14.9 1.9 1.91 -0.56 -0.49 3.0 19.8 1.8 0.30 Industrial equipment............ 8.0 6.2 0.3 -1.0 15.2 0.52 Transportation equipment.... 8.4 1.1 -7.6 6.5 2.2 0.23 Other equipment4................ 8.5 5.6 18.8 -3.1 -16.0 0.54 0.24 1.55 0.06 0.16 0.02 -0.07 1.14 0.56 0.20 -0.68 1.56 -0.28 -1.52 -■ Intellectual property products................................. 25.0 5.7 3.7 -1.5 1.7 1.49 0.94 -0.37 0.43 Software5.............................. 11.3 9.4 7.7 -5.9 2.0 1.08 0.86 -0 70 0.22 Research and development6................... 2.2 2.5 0.35 -0.04 0.25 0.27 10.8 3.1 -0.3 Entertainment, literary, and artistic originals............... 2.9 1.9 4.0 Residential...................................... 20.6 Structures.................................. 20.3 20.1 Permanent site.................... 7.9 42.4 Single family.................... 6.6 39.9 2.8 -2.1 0.06 0.12 14.2 13.0 3.48 2.27 0.09 -0.06 2.52 / 2.69 12.6 14.3 13.0 3.46 2.23 2.66 2.48 30.8 16.2 6.7 2.48 1.96 1.18 0.51 28.2 12.5 5.3 2.00 1.54 0.78 0.34 Multifamily........................ 1.3 57.4 46.5 38.2 14.4 0.48 0.42 0.40 0.17 Other structures7................ 12.4 8.6 2.4 13.1 17.3 0.98 0.27 1.48 1.97 Equipment................................. 0.4 6.2 9.3 10.3 12.0 0.02 0.03 0.04 0.04 / Private fixed investment slowed in the third quarter, primarily reflecting a slowdown in nonresidential fixed investment. The slowdown in nonresidential fixed investment re flected a deceleration in equipment and a slowdown in structures that were partly offset by an upturn in intel lectual property products. The slowdown in structures reflected slowdowns in power and communication, in mining exploration, shafts, and wells, and in “other” structures that were partly offset by upturns in manufacturing and in com mercial and health care. The deceleration in equipment primarily reflected a larger decrease in “other” equipment and a slowdown in information processing equipment (which was more than accounted for by imported communica tions equipment) that were partly offset by an upturn in industrial equipment. The upturn in intellectual property products was more than accounted for by a upturn in software, pri marily prepackaged software. Residential fixed investment slowed slightly, reflecting slowdowns in single-family and multifamily structures that were partly offset by a pickup in “other” struc tures (mainly improvements and brokers’ commis sions). Chart 3. Real Private Fixed Investment Percent change from the preceding quarter 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. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photo copy 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. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Excludes expenditures for software development, which are included in expenditures for software invest ment. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions and other ownership transfer costs. Note. 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Contributions to the percent change in real private fixed investment in 2013:111 Percentage points at an annual rate U.S. Bureau of Economic Analysis December 2013 Survey of Current Business 5 Inventory Investment Table 4. Change in Real Private Inventories by Industry Real inventory investment increased $59.9 billion in the third quarter after increasing $14.4 billion in the second quarter. The main contributors to the pickup were an upturn in wholesale trade and a pickup in re tail trade. [Billions of chained (2009) dollars; seasonally adjusted at annual rates] Change from preceding quarter Level 2012 III 2012 2013 IV Change in private inventories1 77.2 7.3 Farm.................................................. -13.6 Mining, utilities, and construction.... -3.4 Manufacturing.................................. Durable-goods industries............ Nondurable-goods industries..... 11.9 Wholesale trade............................... 31.9 Durable-goods industries............ 22.0 Nondurable-goods industries..... 10.6 Retail trade....................................... Motor vehicle and parts dealers I II III IV 2013 I II III 42.2 56.6 116.5 -69.9 -9.6 16.0 19.5 22.4 4.0 25.6 3.5 2.9- -2.5 -9.8 0.5 9.4 0.9 -7.3 10.3 8.9- 34.3 -17.5 6.1 10.9 20.0 -51.8 23.6 4.8 9.1 22.7 3.1 5.4 8.0 16.5 -19.6 2.3 2.6 8.5 -18.9 0.9 3.1 4.2 -30.8 19.8 2.2 1.1 9.7 9.7 2.7 28.4 -22.2 14.5 11.2 5.7 25.1 -3.2 -0.5 -2.3 26.2 24.7 17.2 19.5 30.0 13.1 34.9 14.4 59.9 0.0 -7.0 25.7 s -7.5 -3.3 -5.5 19.4 4.9 -13.8 2.7 -1.8 7.2 -1.5 -7.5 2.3 10.5\ -8.5 -7.7 8.6 -1.5 22.2 13.7 6.0 14.6 Food and beverage stores........... 0.3 0.4 0.8 0.9 0.3 0.1 0.4 0.1 -0.6 General merchandise stores...... -1.1 5.5 5.7 0.9 4.8 6.6 0.2 -4.8 3.9 Other retail stores......................... 4.9 5.3 4.9 3.4 12.0 0.4 -0.4 -1.5 8.6 Other industries................................ 7.3 6.6 -0.9 -0.4 2.9 -0.7 -7.5 0.5 3.3 Residual2......................................... -6.6 -7.6 2.5 2.7 0.9 -1.0 10.1 0.2 -1.8 Addenda: Ratios of private inventories to final sales of domestic business:3 Private inventories to final sales 2.33 2.30 2.31 2.31 2.32 Nonfarm inventories to final sales 2.15 2.13 2.13 2.12 2.13 Nonfarm inventories to final sales of goods and structures........... 3.87 3.81 3.82 3.80 3.79 1. The levels are from NIPA table 5.7.6B. 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 5.8.6B. Note. 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. Inventory Investment The change in real private inventories, often called real pri vate inventory investment, represents the change in the physical stock of goods held by businesses. It includes fin ished goods, goods at various stages of production, and raw materials. The change in private inventories is a key component of gross domestic product (GDP), which aims to measure out put derived from current production. To include the value of currently produced goods that are not yet sold and to exclude the value of goods produced in previous periods, the change in private inventories must be included in the GDP calculation. Thus, GDP can also be seen as the sum of final sales of domestic product and the change in private inventories (table 2). For most industries, the estimates of change in private inventories are prepared by revaluing book-value estimates of inventories from the Census Bureau to a replacement-cost basis and calculating the change over a quarter or a year. BEA provides estimates for incomplete industry data. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Farm inventory investment increased $2.9 billion after increasing $3.5 billion. Mining, utilities, and construction increased $8.9 bil lion after increasing $10.3 billion. Manufacturing increased $9.1 billion after increasing $4.8 billion. The pickup in manufacturing industries was more than accounted for by a pickup in durablegoods industries. The upturn in wholesale trade industries was primar ily accounted for by an upturn in durable-goods in dustries; nondurable-goods industries also turned up. The pickup in retail trade industries was primarily due to upturns in “other” retail stores and in general mer chandise stores. GDP and the Economy 6 December 2013 Exports and Imports Table 5. 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 Foods, feeds, and beverages Industrial supplies and materials Capital goods, except automotive Automotive vehicles, engines, and parts.......................................... Consumer goods, except automotive................................. Other............................................. Contribution to percent change in real exports and imports (percentage points) Change from preceding period (percent) 2013 2012 III IV 2013 I 2012 II III IV 2013 I II III 100.0 1.1 -1.3 8.0 3.7 1.1 -1.3 8.0 3.7 69.4 -3.0 -2.8 9.4 5.4 -2.11 -1.99 6.49 3.68 5.7 -33.8 22.0 0.8 23.7 -5.1 -0.8 -27.4 -0.2 9.0 -4.4 14.2 21.0 41.5 -2.60 -0.04 14.4 0.16 -0.05 -2.8 -1.27 -1.06 6.8 -2.4 8.2 3.0 0.2 36.5 -19.6 3.3 62.4 -28.6 -27.5 47.0 3.1 2.9 -0.16 0.20 0.27 0.02 1.50 -1.06 -1.79 1.94 1.92 2.95 3.27 -0.66 1.31 0.20 2.71 -1.84 -0.92 1.10 Exports of services2...................... 30.6 11.3 2.2 4.8 0.1 3.23 0.66 1.49 0.02 Imports of goods and services’ 100.0 -3.1 0.6 6.9 2.7 -3.1 0.6 6.9 2.7 Imports of goods2.......................... 83.3 -3.5 -0.2 7.5 6.23 2.24 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................................. 4.2 3.7 11.9 3.6 10.5 -11.2 10.0 14.2 -10.7 -10.7 20.2 2.4 -0.7 -4.5 -12.1 Other.............................................. 11.6 19.3 3.1 0.4 3.4 -20.9 55.1 Imports of services2..................... 16.7 Addenda: Exports of agricultural goods3.... Exports of nonagricultural goods Imports of nonpetroleum goods... 6.2 -32.9 63.1 1.0 69.2 -1.9 -1.0 5.0 2.7 -2.96 -0.19 0.47 0.16 -0.33 -0.7 -3.6 2.9 11.5 -1.25 1.02 -3.1 -1.70 -1.70 7.7 0.49 -0.14 -0.05 1.16 -0.52 -0.44 0.60 1.51 29.0 20.6 -0.50 -1.40 2.84 -0.5 1.70 -0.08 -7.6 0.15 2.14 0.60 0.07 48.5 -37.2 -0.76 1.48 1.50 -1.70 2.5 -0.17 0.81 0.68 8.8 4.0 -0.6 -24.6 -3.1 13.5 2.2 9.9 0.41 33.8 3.0 3.9 Exports of goods and services decelerated in the third quarter, reflecting slowdowns in exports of both goods and services. The slowdown in exports of goods primarily reflected downturns in nonautomotive consumer goods and in nonautomotive capital goods and a slowdown in auto motive vehicles, engines, and parts that were partly offset by upturns in foods, feeds, and beverages and in “other” goods and a pickup in industrial supplies and materials. The slowdown in exports of services primarily re flected a downturn in “other” private services and a slowdown in travel. Imports of goods and services slowed, reflecting slow downs in imports of both goods and services. The slowdown in imports of goods primarily reflected downturns in “other” goods and in nonautomotive consumer goods and a slowdown in automotive vehi cles, engines, and parts that were partly offset by an upturn in nonpetroleum industrial supplies and a pickup in nonautomotive capital goods. The slowdown in imports of services mainly reflected slowdowns in travel and in “other” transportation. 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 govern ment, are included in services. 3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondu rable nonautomotive consumer goods. Note. Percent changes are from NIPA table 4.2.1, contributions are from NIPA table 4.2.2, and shares are calcu lated from NIPA table 4.2.5. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Chart 5. Real Exports and Imports of Goods and Services December 2013 Survey of Current Business 7 Government Spending Table 6. Real Government Consumption Expenditures and Gross Investment (CEGI) [Seasonally adjusted at annual rates] Share of currentdollar CEGI (percent) 2013 2012 III IV Government consumption expen-ditures and gross investment1.............................. 100.0 Consumption expenditures....... Gross investment....................... Federal.............................................. National defense......................... Consumption expenditures....... Change from preceding period (percent) Contribution to percent change in real CEGI (percentage points) 2013 I II 2012 III IV 2013 I II 0.4 / -4.2 -0.4 80.4 -6.8 -2.7 -1.1 19.6 -5.3 -10.1 2.4 -8.4 -1.6 24.8 -21.6 -11.2 -0.6 -0.3 -6.11 -2.92 -0.15 -0.09 19.6 -24.9 -3.2 -1.6 -5.74 -1.97 -0.64 -0.31 39.9 -13.9 Gross investment....................... 5.2 Nondefense................................... 15.1 Consumption expenditures....... Gross investment....................... -9.6 -7.5 -17.3 10.2 -6.5 -4.2 -0.4 -0.7 -5.53 -2.19 -0.85 -0.55 5.2 -0.99 -2.02 0.45 -1.4 -5.94 -3.47 -0.64 4.5 -0.37 -0.95 0.49 0.99 -0.56/ 0.23 1.0 -3.6 11.4 2.2 -2.4 3.7 -2.6 -7.2 State and local.................................. 60.1 -1.0 -1.3 0.4 1.7 -0.58 -0.74 0.24 1.00 Consumption expenditures............ 49.4 -0.1 0.1 0.4 0.5 -0.05 0.06 0.19 0.23 Gross investment.......................... 10.7 -5.2 -7.5 0.4 7.5 -0.53 -0.80 0.05 0.77 -3.1 0.17 -0.55 -0.49 -0.47 -3.4 -4.0 0.26 -0.28 -0.40 -0.47 -2.2 -0.2 -0.09 -0.27 -0.08 -0.01 -3.1 The smaller decrease in federal government spending was mostly accounted for by a smaller decrease in na tional defense spending. III -6.5 0.4 Government spending turned up in the third quarter, reflecting a pickup in state and local government spending and a slightly smaller decrease in federal government spending. 1. The estimates under the contribution columns are also percent changes. Note. Percent changes are from NIPA table 3.9.1, contributions are from NIPA table 3.9.2, and shares are calculated from NIPA table 3.9.5. The smaller decrease in national defense spending re flected a smaller decrease in consumption expendi tures that was mostly offset by a slowdown in gross investment. In consumption expenditures, the larger decrease in compensation of civilian employees that resulted from the sequestration furloughs was more than offset by an upturn in spending for intermediate goods and services. Nondefense spending decreased at about the same rate as in the second quarter, reflecting a larger decrease in consumption expenditures that was mostly offset by a smaller decrease in gross investment. The pickup in state and local government spending mainly reflected an acceleration in gross investment as a result of an upturn in investment in structures. Chart 6. Real Government Consumption Expenditures and Gross Investment Percent change from the preceding quarter 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, government’s 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), of equipment, and of intellec tual property products purchased or produced by govern ment and government-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 nonproduced assets, such as land. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S. Bureau of Economic Analysis GDP and the Economy 8 December 2013 Prices Table 7. Prices for Gross Domestic Purchases [Percent change at annual rates; based on seasonally adjusted index numbers (2009=100)] Contribution to percent change in gross domestic purchases prices (percentage points) Change from preceding period (percent) 2013 2012 IV Gross domestic purchases1..................... 1.6 2012 I II III 1.2 0.2 1.8 IV 1.6 2013 I II 1.2 0.2 Personal consumption expenditures........ 1.6 1.1 -0.1 2.0 1.08 Goods......................................................... 0.7 -1.0 -3.3 2.2 0.16 -0.22 -0.76 Durable goods......................................... -2.1 -1.1 -2.0 Nondurable goods.................................. 2.0 -0.9 -4.0 4.5 0.31 -0.14 -0.62 Services...................................................... 2.1 2.1 1.6 1.9 0.93 0.94 0.69 Gross private domestic investment........... 1.5 2.1 1.9 1.3 0.21 0.31 0.28 Fixed investment........................................ 1.3 2.3 2.0 1.5 0.20 0.33 0.29 Nonresidential........................................ 0.8 1.3 1.2 1.0 0.09 0.16 0.14 Structures............................................ Equipment.......................................... Intellectual property products............ 1.2 1.5 -0.6 4.0 -0.3 1.9 5.2 -0.4 1.0 Residential.............................................. 4.0 6.3 5.1 2.9 0.03 0.10 0.13 0.3 0.08 -0.02 -0.02 0.8 -0.02 0.07 0.04 3.2 0.11 0.17 0.15 0.02 -0.02 -0.01 Government consumption expenditures and gross investment................................. 1.4 0.9 0.1 1.6 0.25 0.17 Federal........................................................ 0.6 2.4 0.8 1.0 0.04 0.18 0.06 National defense.................................... 0.8 2.8 0.9 0.9 0.04 0.13 0.04 Nondefense............................................. 0.1 1.8 0.8 1.0 0.00 0.05 0.02 State and local............................................ 1.9 -0.1 -0.4 2.0 0.21 -0.01 -0.04 0.02 Addenda: Gross domestic purchases: Food............................................................. 2.5 Energy goods and services...................... 6.4 Excluding food and energy........................ 1.3 0.3 0.6 -4.5 -12.2 1.4 11.7 1.4 0.8 1.5 0.13 0.07 0.02 0.23 -0.16 -0.48 1.20 1.29 1.8 Energy goods and services..................... . 6.6 Excluding food and energy........................ 1.3 1.4 0.6 1.5 Gross domestic product (GDP)..................... Exports of goods and services..................... 1.1 1.5 1.3 1.4 0.6 -3.2 2.0 1.2 Imports of goods and services..................... 4.1 0.5 -5.0 0.3 1.3 0.5 1.2 -3.4 -11.9 11.7 1. The estimates under the contribution columns are also percent changes Note. Most percent changes are from NIPA table 1.6.7; percent changes for PCE for food and energy goods and services and for PCE excluding food and energy are from NIPA table 2.3.7. Contributions are from NIPA table 1.6.8. GDP, export, and import prices are from NIPA table 1.1.7. Prices paid for nonresidential fixed investment slowed slightly, primarily reflecting a slowdown in prices paid for structures that was partly offset by an upturn in prices paid for equipment. Prices paid for residential investment slowed, increas ing 3.2 percent after increasing 5.1 percent. Prices paid by government picked up, primarily re flecting an upturn in prices paid by state and local governments. The upturn in prices paid by state and local govern ments primarily reflected an upturn in the prices paid for petroleum products. Consumer prices excluding food and energy, a mea sure of the “core” rate of inflation, accelerated, in creasing 1.5 percent after increasing 0.6 percent. The GDP price index increased 2.0 percent in the third quarter, 0.2 percentage point more than the increase in the price index for gross domestic purchases. Both export and import prices turned up. Export prices in creased 1.2 percent in the third quarter after decreas ing 3.2 percent in the second quarter. Import prices increased 0.3 percent after decreasing 5.0 percent. 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The upturn in goods prices was mostly accounted for by an upturn in the prices paid for gasoline and other energy goods. 0.68 Personal consumption expenditures (PCE): Food and beverages purchased for offpremises consumption........................... The upturn in consumer prices reflected an upturn in goods prices and a pickup in services prices. 0.72 -0.08 -2.3 -0.15 -0.08 -0.14 Change in private inventories.................... Prices of goods and services purchased by U.S. resi dents, as measured by the price index for gross domes tic purchases, increased 1.8 percent in the third quarter after increasing 0.2 percent in the second quarter. The pickup primarily reflected an upturn in consumer prices. Chart 7. Gross Domestic Purchases Prices Percent change at seasonally adjusted annual rates 4.0 I Total 3.5 Less food and energy 3.0 2.5 2.0 1.5 1.0 0.5 2009 2010 U.S. Bureau of Economic Analysis 2011 2012 2013 December 2013 Survey of Current Business 9 Revisions Table 8. Advance and Second Estimates for the Second Quarter of 2013 [Seasonally adjusted at annual rates] Change from preceding quarter (percent) Ad Second vance Contribution to percent change in real GDP (percentage points) Second minus advance Ad vance Second Second minus advance Gross domestic product (GDP)1............... 2.8 3.6 0.8 2.8 3.6 0.8 Personal consumption expenditures............... 1.5 1.4 -0.1 1.04 0.96 -0.08 Goods................................................................ 4.3 4.1 -0.2 0.99 0.93 -0.06 7.7 2.4 -0.1 -0.3 0.57 0.42 0.56 0.37 -0.01 Nondurable goods......................................... 7.8 2.7 Services............................................................. 0.1 0.0 -0.1 0.05 0.02 -0.03 Gross private domestic investment................... Fixed investment............................................... 9.5 4.1 16.7 5.4 7.2 1.3 1.45 0.63 2.49 0.81 1.04 0.18 Nonresidential............................................... 1.6 3.5 1.9 0.20 0.42 0.22 Structures........................................................ 12.3 -3.7 2.2 14.6 13.8 0.0 1.7 13.0 1.5 3.7 -0.5 -1.6 0.32 -0.21 0.09 0.43 0.36 0.00 0.07 0.38 0.04 0.21 -0.02 -0.05 Durable goods............................................... Equipment................................................. Intellectual property products................... Residential...................................................... -0.05 Change in private inventories........................... 0.83 1.68 0.85 Net exports of goods and services.................... 0.31 0.07 -0.24 Exports............................................................... 4.5 3.7 -0.8 0.60 0.50 -0.10 Goods............................................................. Services.......................................................... 6.4 0.6 5.4 0.1 -1.0 -0.5 0.58 0.02 0.49 0.00 -0.09 -0.02 Imports............................................................... 1.9 2.7 0.8 -0.30 -0.43 -0.13 Goods............................................................. Services.......................................................... 1.8 2.2 2.7 2.5 0.9 0.3 -0.24 -0.06 -0.36 -0.07 -0.12 -0.01 Federal............................................................... National defense..... ...................................... Nondefense................................................... 0.2 -1.7 -0.7 -3.3 0.4 -1.4 -0.3 -3.1 0.2 0.3 0.4 0.2 0.04 -0.13 -0.03 0.09 -0.10 -0.01 -0.10 -0.09 0.05 0.03 0.02 0.01 State and local................................................... 1.5 1.7 0.2 0.17 0.19 0.02 Final sales of domestic product........................... 2.0 1.9 -0.1 2.02 1.92 -0.10 Gross domestic purchases price index......... ...... 1.8 1.9 1.8 2.0 0.0 0.1 Government consumption expenditures and gross investment.................................................. The second estimate of the third-quarter increase in real GDP is 0.8 percentage point more than the ad vance estimate, primarily reflecting upward revisions to inventory investment and to nonresidential fixed investment that were partly offset by an upward revi sion to imports and a downward revision to exports. The upward revision to nonresidential fixed invest ment primarily reflected an upward revision to equip ment. The upward revision to inventory investment primar ily reflected upward revisions to wholesale trade, to re tail trade, to mining, utilities, and construction, and to “other” industries. The downward revision to exports was mainly due to widespread downward revisions to goods, and the largest contributors were nonautomotive capital goods and industrial supplies and materials. The upward revision to imports was mainly due to widespread upward revisions to goods, and the largest contributors were nonautomotive capital goods and automotive vehicles, engines, and parts. Addenda: GDP price index..................................................... 1. The estimates under the contribution columns are also percent changes. Major Source Data for the Second Estimates Personal Income for the Second Quarter of 2013 With the release of the second estimate of GDP, BEA also releases revised estimates of income-related measures for the previous quarter. This revision reflects the incorporation of second-quarter tabulations from the quarterly census of employment and wages from the Bureau of Labor Statistics. Wages and salaries increased $77.2 billion, an upward revision of $22.6 billion. Personal current taxes increased $39.8 billion, an upward revision of $4.0 billion. Contribu tions for government social insurance, which is subtracted in calculating personal income, increased $9.6 billion, an upward revision of $3.0 billion. As a result of these revisions, • Personal income increased $160.3 billion, an upward revi sion of $21.2 billion. • Disposable personal income increased $120.5 billion, an upward revision of $17.3 billion. • Personal saving increased $78.4 billion, an upward revision of $17.2 billion. • The personal saving rate was 4.7 percent, an upward revi sion of 0.2 percentage point. • Real gross domestic income increased 3.2 percent, an upward revision of 0.6 percentage point. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Consumer spending: retail sales for July-Septembe (revised). Motor vehicle registrations data for Septembe (new). Energy Information Administration data for retai electricity sales for September (new). Federal Reserve Boar< tabulations of commercial bank Call Report data for th third quarter (new). Nonresidential fixed investment: construction spendin (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 th third quarter (new). Motor vehicle registrations data fo September (new). Residential fixed investment: construction spending fo July and August (revised) and September (new). Inventory investment: manufacturers’ inventories fo July-September (revised) and trade inventories for July an August (revised) and September (new). Census Burea Quarterly Financial Reports for the third quarter (new). Exports and imports: international transactions account for July and August (revised) and September (new). Government spending: state and local construction spend ing for July and August (revised) and September (new). GDP and the Economy 10 December 2013 Corporate Profits Table 9. Corporate Profits [Seasonally adjusted] Billions of dollars (annual rate) Percent change from preceding quarter (quarterly rate) Change from preceding quarter Level 2013 2012 III IV 2013 I IV III II 2013 2012 I II III Current production measures: Corporate profits..................... 2,125.7 34.9 -26.6 66.8 38.3 1.7 -1.3 3.3 1.8 Domestic industries............. 1,705.9 29.3 -7.0 62.2 21.6 1.8 -0.4 3.8 1.3 464.8 -15.6 -4.1 24.5 8.6 -3.5 -0.9 5.7 1.9' Financial........................... 45.0 -3.1 37.8 13.0 3.9 -0.3 3.2 1.1 Rest of the world................. 419.8 5.6 -19.6 4.6 16.7 1.4 -4.7 1.2 4.1 Receipts from the rest of the world...................... 667.8 16.1 -19.7 1.2 9.1 2.4 -2.9 0.2 1.4 Less: Payments to the rest of the world........... 248.0 10.5 -0.1 -3.4 -7.6 4.2 0.0 -1.3 -3.0 Less: Taxes on corporate income.................................. 413.4 -5.9 -25.0 10.0 -4.8 -1.3 -5.8 2.4 -1.1 Equals: Profits after tax........... 1,712.2 40.8 -1.7 56.9 43.0 2.6 -0.1 3.5 Net dividends...................... 857.6 120.9 -103.8 Undistributed profits from current production........... 854.7 -80.1 102.1 -216.6 222.8 -9.7 Net cash flow........................... 2,287.8 -91.2 140.7 -205.3 234.5 -4.1 Nonfinancial..................... 1,241.1 Industry profits: Profits with IVA........................ 2,286.8 34.5 Domestic industries............. 1,867.0 29.0 Financial........................... 520.4 -15.1 Nonfinancial..................... 1,346.6 44.1 Rest of the world................. 419.8 5.6 273.5 -179.7 16.2 -12.0 2.6, 35.8 -17.3 13.7 -25.5 35.2 6.6 -9.1 11.4 Domestic profits of nonfinancial corporations in creased $13.0 billion, or 1.1 percent, after increasing $37.8 billion, or 3.2 percent. Profits from the rest of the world increased $16.7 bil lion, or 4.1 percent, after increasing $4.6 billion, or 1.2 percent. In the third quarter, receipts increased $9.1 billion, and payments decreased $7.6 billion. Taxes on corporate income decreased $4.8 billion, or 1.1 percent, after increasing $10.0 billion. Profits after tax increased $43.0 billion, or 2.6 percent, after increasing $56.9 billion. 68.6 64.0 25.0 39.0 4.6 38.2 21.5 8.5 13.0 16.7 1.6 1.6 -3.0 3.5 1.4 -1.8 -1.2 -1.0 -1.2 -4.7 3.1 3.6 5.1 3.0 1.2 1.7 1.2 1.7 1.0 4.1 Net dividends decreased $179.7 billion in the third quarter, or 17.3 percent, after increasing $273.5 bil lion. The large decrease primarily reflected dividends paid by Fannie Mae to the federal government in the second quarter. Undistributed profits increased $222.8 billion after de creasing $216.6 billion. Profits before tax (without IVA and CCAdj).............................. 2,285.1 21.0 -36.4 46.6 45.4 1.0 -1.6 2.1 2.0 Profits after tax (without IVA and CCAdj)..................................... 1,871.7 27.0 -11.6 36.6 50.3 1.5 -0.6 2.1 2.8 IVA................................................ 1.7 CCAdj........................................... -161.1 13.6 0.3 -4.6 14.4 21.9 -1.6 -7.2 0.0 Note. Levels of these and other profits series are shown in NIPA tables 1.12,1.14,1.15, and 6.16D. IVA Inventory valuation adjustment Net cash flow, a profits-related measure of internal funds available for investment, increased $234.5 bil lion, or 11.4 percent, after decreasing $205.3 billion. 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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Domestic profits of financial corporations increased $8.6 billion, or 1.9 percent, after increasing $24.5 bil lion, or 5.7 percent. -41.1 -21.5 -5.2 -16.3 -19.6 Addenda: CCAdj Capital consumption adjustment Profits from current production (corporate profits with inventory valuation and capital consumption ad justments) increased $38.3 billion, or 1.8 percent at a quarterly rate, in the third quarter after increasing $66.8 billion, or 3.3 percent, in the second quarter. December 2013 11 Government Receipts and Expenditures Third Quarter of 2013 ET GOVERNMENT saving, the difference be Chart 1. Government Fiscal Position tween current receipts and current expenditures Current Receipts, Current Expenditures, and Net Government Saving of the federal government and state and local govern Billions of dollars 6,000 ments, was -$1,087.1 billion in the third quarter of Current expenditures 2013, decreasing $236.4 billion from -$850.7 billion in 4,000 the second quarter of 2013. Current receipts Net federal government saving was -$854.2 billion 2,000 in the third quarter, decreasing $201.1 billion from -$653.1 in the second quarter (see page 12). Current receipts turned down, and current expenditures decel Net government saving x erated in the third quarter. T — f--~~~ i ~T i i -2,000 Net state and local government saving was -$232.8 2009 2010 2011 2012 2013 billion in the third quarter, decreasing $35.2 billion Net Saving Billions of dollars from -$197.6 billion in the second quarter (see page 13). Current receipts turned down and current expen ditures turned up 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 2009 2010 2011 2012 2013 nonproduced assets. Total Receipts,Total Expenditures, and Net Lending or Borrowing Net borrowing was $1189.4 billion in the third Billions of dollars quarter, increasing $239.1 billion from $950.3 billion 8,000 in the second quarter. Federal government net borrow 6,000 ing was $925.3 billion in the third quarter, increasing Total expenditures N $204.8 billion from $720.5 billion in the second quar ter. State and local government net borrowing was $264.0 billion, increasing $34.2 billion from $229.8 bil lion in the second quarter. 4,000 ' Total receipts 2,000 0 Net lending or borrowing -2,000 -4,000 Table 1. Net Government Saving and Net Lending or Net Borrowing Level Change from preceding quarter 2013 2012 III IV II -22.9 Net government saving................. -1,087.1 -854.2 -232.8 46.7 40.8 5.9 249.8 232.2 -236.4 225.4 200.0 -201.1 24.4 32.2 -35.2 Net lending or net borrowing (-)... -1,189.4 34.8 16.7 18.1 294.6 234.6 -239.1 272.9 204.9 -204.8 21.6 29.8 -34.2 this article. I 2011 L I I 2012 2013 2012 2013 Net Lending or Net Borrowing 227.0 284.7 -212.1 24.2 52.6 71.8 25.1 Keith P. Zipay prepared https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis J III 4,619.9 5,706.9 -925.3 -264.0 L 2013 I Current receipts................................. Current expenditures......................... Federal............................................ State and local................................ I 2010 Billions of dollars [Billions of dollars, seasonally adjusted at annual rates] Federal............................................ State and local................................ J 2009 2009 2010 2011 Note. All estimates are seasonally adjusted at annual rates. U.S. Bureau of Economic Analysis Government Receipts and Expenditures 12 December 2013 Federal Government Table 2. Federal Government Current Receipts and Expenditures [Billions of dollars, seasonally adjusted at annual rates] Level Change from preceding quarter 2013 2012 III IV 2013 I III II Personal current taxes decelerated, reflecting decelera tions in both withheld and nonwithheld income taxes. Current receipts............................... 2,971.1 52.4 1,755.8 1,292.1 119.2 324.5 20.0 41.2 46.8 -0.2 -8.2 2.8 191.1 31.2 58.0 0.8 -26.9 -0.7 266.8 -195.8 Current tax receipts..................................... Personal current taxes............................. Taxes on production and imports........... Taxes on corporate income.................... Taxes from the rest of the world............. Contributions for government social insurance.................................................. Income receipts on assets.......................... 1,096.8 93.4 20.7 1.1 126.4 20.8 9.5 5.6 225.5 -206.2 Current transfer receipts............................. Current surplus of government enterprises 51.1 -26.0 -7.2 -3.4 3.5 -3.2 66.9 5.3 -6.3 -4.0 -2.3 19.9 0.9 0.9 0.0 18.9 -3.3 -0.7 -2.5 24.2 14.0 13.8 0.2 10.2 14.2 4.8 52.3 1.0 10.0 0.2 -15.7 0.1 Government social benefits to persons accelerated in the third quarter as a result of an upturn in Medicare benefits. 0.0 0.0 Interest payments turned down because of a down turn in inflation expense payments on Treasury Infla tion-Protected Securities. 31.5 23.7 -0.2 7.7 0.2 13.3 16.4 0.6 -4.2 0.6 -6.3 -2.2 Current expenditures....................... 3,825.4 11.7 Consumption expenditures......................... National defense...................................... Nondefense.............................................. 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......................... Interest payments........................................ Subsidies...................................................... Less: Wage accruals less disbursements....................................... 972.7 615.0 357.8 2,371.3 1,863.0 1,844.4 18.6 508.3 -42.2 -44.4 2.2 8.6 19.2 19.2 0.0 -10.7 15.5 -2.8 -34.3 -11.6 -10.9 -0.7 25.5 35.8 35.5 0.3 -10.1 455.7 52.6 422.7 58.6 0.7 -11.4 43.6 1.7 -16.9 6.7 -48.6 0.2 0.0 Net federal government saving............. -854.2 225.4 200.0 -201.1 Social insurance funds............................. -313.2 -541.1 0.0 40.8 5.1 35.6 -21.3 246.9 10.5 -7.8 189.4 -193.4 53.9 52.4 1.4 37.2 11.7 -4.6 30.9 0.0 0.8 16.7 192.6 191.1 1.5 -80.3 -34.3 -8.7 -36.2 0.8 1.9 272.9 267.1 -194.1 266.8 -195.8 0.2 1.8 62.2 10.8 66.9 5.3 3.9 1.9 -7.2 4.9 -0.2 -0.3 1.2 0.9 204.9 -204.8 Other............................................................. Addenda: Total receipts........................................ Current expenditures............................ Gross government investment............ Capital transfer payments................... Net purchases of nonproduced assets Less: Consumption of fixed capital.... 2,990.7 2,971.1 19.6 3,916.1 3,825.4 278.5 81.1 -1.1 267.7 Net lending or net borrowing (-).......... -925.3 Current receipts................................... Capital transfer receipts...................... Total expenditures............................... 0.0 Taxes on corporate income turned down in the third quarter, reflecting a deceleration in corporate profits. Income receipts on assets turned down in the third quarter because of a downturn in dividend payments from Fannie Mae. Current transfer receipts turned down as a result of one-time payments made to farmers. These payments were part of the settlement of a class action lawsuit against the federal government. Consumption expenditures decreased less, reflecting an upturn in intermediate goods and services that was partly offset by the larger decrease in compensation of civilian employees that resulted from the sequestra tion furloughs. Federal Government Estimates 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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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.1 For a historical time series of these estimates, see NIPA table 3.18B, which was pub lished in the October 2012 Survey. 1. See Mark S. Ludwick and Kyle Mulgrew, “NIPA Translation of the Fis cal Year 2013 Federal Budget,” Survey of Current Business 92 (May 2013): 11-21. December 2013 Survey of Current Business 13 State and Local Government Table 3. State and Local Government Current Receipts and Expenditures [Billions of dollars, seasonally adjusted at annual rates] Level Change from preceding quarter 2013 2012 III IV I II 20.1 19.0 32.1 Current receipts.................................. 2,104.4 2013 III -6.4 -18.9 Current tax receipts....................................... Personal current taxes............................... 1,450.4 372.4 17.5 9.6 35.0 18.3 15.9 16.0 Taxes on production and imports.............. 1,023.4 7.7 13.6 -1.7 3.2 Taxes on corporate income........................ Contributions for government social insurance.................................................... Income receipts on assets............................. Current transfer receipts................................ Federal grants-in-aid.................................. Other............................................................ 54.6 0.2 3.2 1.5 -1.4 17.6 81.9 569.9 455.7 114.3 -15.5 -0.1 0.9 1.7 0.7 0.9 0.1 0.0 0.9 -16.0 -16.9 0.9 -0.9 0.1 0.7 15.7 14.2 1.5 -0.3 -0.1 -1.6 Current surplus of government enterprises -20.7 / 1.6 -0.3 Current expenditures......................... 2,337.2 14.2 -5.4 7.5 -1.3 Government social benefits........................... Interest payments........................................... Subsidies........................................................ 576.8 209.0 0.5 4.9 1.8 0.0 -1.4 -2.8 0.0 Net state and local government saving. .. -232.8 5.9 24.4 Social insurance funds.................................. Other............................................................... 5.0 -237.8 0.0 5.8 0.3 24.2 Addenda: Total receipts.......................................... 2,179.6 27.4 Current receipts...................................... 2,104.4 75.2 Capital transfer receipts.......................... 20.1 7.3 9.3 14.2 -3.4 9.7 19.0 -9.2 -11.9 -5.4 -5.1 29.5 32.1 -2.7 -0.3 -0.1 1.7 34.5 -0.3 1.2 21.6 -0.2 1.7 29.8 -0.2 1.6 Total expenditures................................. 2,443.7 Current expenditures.............................. 2,337.2 Gross government investment............... 335.3 Capital transfer payments...................... 9.4 Net purchases of nonproduced assets 238.2 Less: Consumption of fixed capital....... Net lending or net borrowing (-).............. -264.0 -0.1 1.3 18.1 9.5 20.9 \ -1.6 \ 0.0 \ 0.5 -35.7 Federal grants-in-aid decelerated in the third quarter because of a deceleration in grants for education and downturns in grants for economic affairs and welfare and social services Consumption expenditures turned up in the third quarter, reflecting an acceleration in compensation of general government employees as well as an upturn in purchases of nondurable goods. 28.8 -35.2 Personal current taxes turned down in the third quar ter, reflecting a downturn in income taxes. Taxes on production and imports turned up in the third quarter, reflecting upturns to both sales and sev erance taxes. 0.2 1.0 11.5 10.0^^ Consumption expenditures............................ 1,550.9 3.6 -2.1 0.0 32.2 0.3 31.9 > // \ \ Government social benefits accelerated in the third quarter as a result of an acceleration in Medicaid ben efits. 0.2 -6.4 6.6 28.8 7.5 -34.2 Estimates of State and Local Government Receipts and Expenditures The estimates of state and local government current re annually in NIPA tables 3.4-3.8, 3.12, and 3.13. Detailed ceipts and expenditures and total receipts and expenditures quarterly estimates are available at www.bea.gov; under are mainly based on compilations of data for state and local “National” and Supplemental Estimates,” see “Underlying government finances. The Census Bureau produces the pri Detail Tables.” For a historical time series of reconciliations mary source data: the census of governments that is con of the NIPA estimates with the Census Bureau data from ducted in years that end in a 2 or a 7 and the Government Government Finances, see NIPA table 3.19. Finances series of surveys for the other years. In addition, BEA also prepares annual estimates of receipts and other sources of Census Bureau data are from the Quarterly expenditures of state governments and of local Summary of State and Local Government Tax Revenue and governments.1 These estimates are available annually in the monthly Value of Construction Put in Place. Data NIPA table 3.20 (state government receipts and expen sources from the Bureau of Labor Statistics include the ditures) and in NIPA table 3.21 (local government receipts Quarterly Census of Employment and Wages and the and expenditures); they were published in the October 2012 Survey. Employment Cost Index. Quarterly and annual estimates are available monthly in NIPA table 3.3. Detailed annual estimates of state and 1. Bruce E. Baker, “Receipts and Expenditures of State Governments and local government transactions by component are available of Local Governments,” Survey 85 (October 2005): 5-10. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 14 Comprehensive Revision of Local Area Personal Income New Statistics for 2012 and Revised Statistics for 2001-2011 By David G. Lenze ERSONAL INCOME grew more slowly (3.7 per area GDP estimates in September. The local area per cent) in the nonmetropolitan portion of the sonal income estimates provide the first glimpse of United States in 2012 than in the metropolitan portion personal income and compensation by industry in (4.2 percent).1 Growth ranged from -33.4 percent in nonmetropolitan counties for 2012 and a more de Hamilton County, Kansas, to 52.3 percent in Williams tailed look at the industrial composition of economic County, North Dakota, but most counties and metro activity within multicounty MSAs. The geographic politan statistical areas (MSAs) grew at rates between picture of 2012 will be completed with the release of 2.0 percent and 6.0 percent (chart 1). Inflation, as mea real personal income for states and metropolitan areas sured by the national price index for personal con in April 2014. sumption expenditures, was 1.8 percent in 2012. The estimates discussed in this article are the result The local area personal income estimates presented of the most recent comprehensive revision of the local in this article continue the successively more detailed area personal income accounts, which was released in series of data releases from the Bureau of Economic November 2013. In comprehensive revisions, manifold Analysis (BEA) depicting the geographic distribution improvements in concepts, definitions, classifications, of the nation’s production and income for 2012. Na and statistical methods are introduced into BEA’s eco tional estimates of personal income and gross domes nomic accounts to ensure that the accounts continue tic product (GDP) for 2012 were released in January to accurately describe the evolving American economy. 2013, followed by state personal income estimates in This comprehensive revision incorporated changes March, state GDP estimates in June, and metropolitan that were adopted as part of the comprehensive revi sions of the national income and product accounts 1. Personal income, which is measured in current dollars, is the sum of (NIPAs) and state personal income accounts, which net earnings by place of residence, property income, and personal current transfer receipts. were released in July and September 2013, respectively. It also introduced new and updated county-level Chart 1. Distribution of Personal Income Growth Rates, source data as well as certain new data sources that have never been used before. This article discusses the patterns and sources of in come growth for 2012 in nonmetropolitan counties. It complements the discussion of the patterns and sources of production growth for 2012 in metropolitan areas in the October issue of the Survey of Current Business.2 This article also highlights the fluctuating boundary between the metropolitan and nonmetro politan portions of the United States by examining in detail the counties affected by the revised MSA defini tions released by the Office of Management and Bud get (OMB) earlier this year. In addition, the article provides details about the comprehensive revision of local area personal income statistics and summarizes the major data sources used to prepare the estimates. A box discusses alternative measures of county wages. P https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2. See Sharon D. Panek, Jacob R. Hinson, and Frank T. Baumgardner, “Gross Domestic Product by Metropolitan Area,” Survey 93 (October 2013): 105-141. December 2013 Survey of 15 Current Business Growth in Nonmetropolitan Counties For statistical purposes, nonmetropolitan counties are those counties that remain after MSAs have been de lineated. As defined by OMB, an MSA has at least one urbanized area of 50,000 or more residents plus adja cent territory that has a high degree of social and eco nomic integration with the core as measured by commuting ties. MSAs are defined in terms of whole counties. By these criteria, there are 1,967 nonmetro politan counties and 1,146 metropolitan counties in the United States.3 Not surprisingly, all nonmetropolitan counties are sparsely populated. They range from Loving County Texas, with a population of 71 and a population den sity of 0.1 persons per square mile, to Litchfield County Connecticut, with a population of 187,530 and density of 206 persons per square mile.4 The converse is not true; that is, not all metropolitan counties are densely populated. For instance, there are 95 metro politan counties with a population density below 100 persons per square mile and with less than 30,000 resi dents, none of whom live in an urbanized area. Evi dently, these counties are metropolitan because by the OMB definition, there is a high degree of social and economic integration with the core of an MSA as mea sured by commuting ties. In other words, these coun ties are metropolitan because their residents commute to work in another metropolitan county, not because they have an urban character. The nonmetropolitan portion of the country ac counted for slightly less than 10 percent of the nation’s 3. Personal income statistics are available for 3,113 of the 3,143 counties identified by Federal Information Processing Standards (FIPS) codes. BEA combines some small counties (mostly in Virginia but also in Hawaii) with larger nearby counties. For details see the appendix to the Local Area Per sonal Income Methodology available on the BEA Web site. 4. Population densities are from the Census Bureau’s American Factfinder and refer to 2010; population refers to 2012. The Census Bureau uses two population density thresholds in the delineation of urban areas: 1,000 per sons per square mile and 500 persons per square mile. earnings in 2012, but reflecting the rural affinity of much mining and farming, the nonmetropolitan por tion of the United States accounted for almost 37 per cent of national earnings in natural resource industries (table A). The nonmetropolitan area also accounted for 14.7 percent of manufacturing earnings, 12.6 per cent of transportation earnings, and 12.1 percent of government earnings. In contrast, relatively little—less than 4.0 percent—of earnings in the information, fi nance, and business services industries was generated in nonmetropolitan counties. Not only did the nonmetropolitan portion grow more slowly than the metropolitan portion of the United States in 2012, its 3.7 percent personal income growth rate was a substantial slowdown from its 6.4 percent growth in 2011 (table B). Most of the slow down was attributable to net earnings, which grew Table A. Industrial Structure of Metropolitan and Nonmetropolitan Portions of the United States for 2012 Industry’s share of Nonmetro area’s total earnings politan (percent) share of national Nonmetro Metro Nonmetro earnings politan politan politan (percent) Earnings by place of work (billions of dollars) Metro politan Natural resources1....................................... 187.0 108.9 2.1 11.3 36.8 Construction................................................. 460.9 56.5 5.2 5.9 10.9 Manufacturing.............................................. 829.2 142.9 9.4 14.9 14.7 Wholesale and retail trade......................... 986.6 102.3 11.1 10.6 9.4 Transportation, warehousing, and utilities 360.0 52.0 4.1 5.4 12.6 Information.................................................... 303.5 10.2 3.4 1.1 3.3 Finance and insurance.............................. 664.5 26.3 7.5 2.7 3.8 Real estate and rental and leasing.......... 171.1 10.2 1.9 1.1 5.6 Business services2.................................... 1,562.4 61.6 17.6 6.4 3.8 Education, health care, and social assistance................................................. 1,133.8 105.9 12.8 11.0 8.5 Leisure, hospitality, and other3.................. 690.8 76.8 7.8 8.0 10.0 Government and government enterprises 1,510.9 207.1 17.1 21.6 12.1 Local...................................................... 791.2 124.2 8.9 12.9 13.6 Total............................................................... 8,860.7 960.7 100.0 100.0 9.8 1. Consists of farm; forestry, fishing, and related activities; and mining. 2. Consists of professional, scientific, and technical services; management of companies and enterprises; and administrative and waste management services. 3. Consists of arts, entertainment and recreation; accommodation and food services; and other services, except public administration. Table B. Personal Income Change by Component for U.S. Metropolitan and Nonmetropolitan Portions Contribution to percent change in personal income (percentage points) Percent change Personal income Net earnings1 Dividends, Transfer interest, receipts and rent Net earnings1 Dividends, interest, and rent Transfer receipts Dollar change (millions of dollars) Personal income Net earnings1 Dividends, interest, and rent 500,134 437^056 226,078 30,017 200,091 24,880 63,078 25,987 5,137 Transfer receipts 2010-2011 United States................................................................ 6.1 6.2 10.6 1.3 4.0 1.8 0.2 756,229 Metropolitan portion................................................... 6.0 6.1 10.6 1.3 4.0 1.8 0.2 662,027 Nonmetropolitan portion........................................... 6.4 7.5 10.3 1.3 4.3 1.8 0.3 94,202 United States................................................................ 4.2 4.3 5.5 2.2 2.8 1.0 0.4 549,502 367,526 130,630 51,346 Metropolitan portion................................................... 4.2 4.4 5.5 2.3 2.9 1.0 0.4 490,611 332,244 114,712 43,655 Nonmetropolitan portion........................................... 3.7 3.9 5.7 2.0 2.2 1.0 0.5 58,891 35,282 15,918 7,691 2011-2012 1. Earnings by place of work net of contributions for government social insurance and net of the residence adjustment. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 16 Local Area Personal Income only 3.9 percent in 2012, down from 7.5 percent in 2011. Property income (dividends, interest, and rent), which accounted for 18 percent of personal income, also grew substantially slower (5.7 percent) in 2012 than in 2011 (10.3 percent) in nonmetropolitan coun ties. Transfer receipts, which accounted for 24.5 per cent of personal income, accelerated slightly to 2.0 percent growth in 2012 from 1.3 percent in 2011. Earnings growth by industry provides additional in sight into the reasons for these disparities in personal income growth rates (chart 2 and table C). Farm earn ings for the United States fell 1.2 percent in 2012 after growing 38.9 percent in 2011. Like farming, govern ment earnings growth was weak in 2012, growing 0.6 percent, but unlike farming, government earnings growth was also weak in 2011, growing 0.4 percent. In contrast to farming and the public sector, manufactur ing earnings grew at a much higher, 4.3 percent rate in 2012, after growing 5.6 percent in 2011. Per capita personal income (personal income di vided by population) in nonmetropolitan counties in 2012 ranged from $116,978 in Williams County, North Dakota, to $17,922 in Telfair County, Georgia. Net earnings was the source of most of the income in Wil liams County and amounted to $100,138 per person. Mining (which includes oil and gas extraction) ac counted for 43 percent of earnings in Williams County. The high level of per capita personal income in Wil liams County is a recent phenomenon. As recently as 2007, per capita personal income in the county was slightly below the national average (chart 3). By 2012, it was more than twice as large. Chart 2. U.S. Earnings by Sector In contrast, per capita personal income in Telfair County has stagnated and in 2012 was 2.4 percent be low the level for 2001. Net earnings per person in Tel fair County was only $8,324. Transfer receipts were Chart 3. Per Capita Personal income Table C. Growth of U.S. Earnings by industry Percent change 2011 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2012 Dollar change (millions of dollars) 2011 2012 389,652 Private........................................................................ 5.9 5.1 426,595 Farm....................................................................... 38.9 -1.2 28,278 -1,250 Nonfarm................................................................. 5.5 5.1 398,317 390,902 Forestry, fishing, and related activities........ -2.9 8.2 -756 2,112 Mining................................................................. 38.0 11.7 41,494 17,623 Utilities................................................................ 5.8 0.0 4,335 35 Construction...................................................... 3.0 6.4 • 14,381 31,124 Manufacturing................................................... 5.6 4.3 49,374 40,056 Durable goods manufacturing................... 6.2 4.7 34,555 27,616 Nondurable goods manufacturing............. 4.5 3.6 14,819 12,440 Wholesale trade............................................... 6.2 5.5 27,863 26,151 Retail trade........................................................ 3.9 3.6 21,309 20,230 Transportation and warehousing.................. 8.4 5.4 24,436 16,919 Information........................................................ 4.2 4.3 12,225 12,822 Finance and insurance................................... 1.0 3.0 6,591 19,894 Real estate and rental and leasing............... 18.6 6.4 26,789 10,837 Professional, scientific, and technical services......................................................... 7.2 6.4 61,568 58,747 Management of companies and enterprises 7.0 9.0 15,344 21,253 Administrative and waste management services......................................................... 7.2 6.1 24,877 22,472 Educational services....................................... 3.8 4.9 5,744 7,736 Health care and social assistance................ 3.0 4.1 29,773 42,133 Arts, entertainment, and recreation.............. 3.7 4.9 3,558 4,952 Accommodation and food services.............. 6.8 7.2 18,297 20,533 Other services, except public administration U.S. Bureau of Economic Analysis December 2013 3.4 4.5 11,115 15,273 Government and government enterprises.......... 0.4 0.6 7,588 10,243 Federal, civilian.................................................... 2.4 -0.3 6,963 -815 Military................................................................... -0.6 -0.7 -902 -1,001 State government................................................ 1.2 1.6 4,186 5,616 Local government................................................ -0.3 0.7 -2,659 6,443 Total................................................................................ 4.8 4.2 434,183 399,895 December 2013 Survey of Current Business also an important source of personal income in 2012, amounting to $6,862 per person. The low level of per capita personal income in Telfair County reflects a rel atively large proportion of the population (20.6 per cent) living in group quarters with little income, including the inmates of a state prison. Revised Metropolitan Statistical Area (MSA) Definitions The OMB revised its definitions of metropolitan statis tical areas in February 2013. In doing so, it designated 23 new MSAs, merged 5 separate MSAs with adjacent MSAs, and changed 3 MSAs to micropolitan status (the new MSAs are highlighted in chart 4).5 The net re sult was to raise the number of MSAs to 381. In the process of redefining the MSAs, 101 counties con verted from nonmetropolitan status to metropolitan, and 36 metropolitan counties reverted from metropol5. The three MSAs that changed to micropolitan statistical areas are (1) Danville, VA; (2) Holland-Grand Haven, MI; and (3) Sandusky, OH. The five MSAs that merged with other MSAs are (1) Palm Coast, FL, which is now part of the Deltona-Daytona Beach-Ormond Beach, FL MSA;, ^Pas cagoula, MS, which is now part of the Gulfport-Biloxi-Pascagoula, MS MSA; (3) Poughkeepsie-Newburgh-Middletown, NY, which is now part of the New York-Newark-Jersey City, NY-NJ-PA MSA; (4) Anderson, IN, which is now part of the Indianapolis-Carmel-Anderson, IN MSA; and (5) Anderson, SC, which is now part of the Greenville-Anderson-Mauldin, SC MSA. Chart 4. Metropolitan and Nonmetropolitan Areas https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 17 itan to nonmetropolitan status. This raised the metro politan population of the United States 1.1 percent and reduced the nonmetropolitan population 5.7 percent. When OMB redefines its MSAs, BEA rebuilds the entire time series for the MSAs so that the local area data in the interactive tables on the BEA Web site use the same definition for every year in the time series. This is easily done because MSAs are defined in terms of counties. For example, when OMB first defined the Gainesville, FL MSA it consisted of the single county of Alachua. The current definition of the Gainesville, FL MSA consists of Alachua and Gilchrist counties. BEA’s estimates of personal income for the Gainesville, FL MSA also consist of the same two counties for every year that data are available. The populations of the new MSAs range from 63,399 residents to 193,882 residents. Evidently, they have crossed the demographic threshold required for metropolitan status, but in some respects their average incomes and industrial composition continue to re semble nonmetropolitan areas. On average, per capita personal income in the new MSAs was $37,165 in 2012, only 5.2 percent above the $35,324 nonmetropolitan average and 17.8 percent be low the $45,188 metropolitan average. Seven of the new MSAs have per capita personal incomes below the Local Area Personal Income 18 nonmetropolitan average, and two have per capita in comes above the metropolitan average. As noted above, metropolitan areas tend to have rel atively large professional services, finance, and infor mation industries, compared with nonmetropolitan areas. However, among the new MSAs, only California, MD, had a professional services industry as large as the metropolitan average in 2012.6 Professional services accounted for 26.4 percent of earnings in California, MD, compared with 10.6 percent for the metropolitan average. Only Hammond, LA, had a finance sector as 6. The magnitudes of the professional services industry in Hilton Head Island, SC, and in The Villages, FL, are unknown because of nondisclosure rules. Data Availability All of the local area personal income data presented in this article, along with much additional detail, are available in interactive data tables on the BEA Web site. Data are available for counties, metropolitan sta tistical areas (MSAs) and other combinations of coun ties at www.bea.gov. The data for 2001-2012, the years covered by the North American Industrial Classification System (NAICS), have been revised to be consistent with the comprehensive revisions of the national income and product accounts and the state personal income accounts. Data for 1969-2000, the years covered by the Standard Industrial Classification (SIC), are scheduled to be revised in the spring of 2014. Unre vised data for 1969-2000 remain in the interactive tables as a convenience, but users are advised that these data are not comparable with the more recent estimates. The impact of sequestration and reduced fiscal year 2013 funding levels for the Bureau of Economic Anal ysis (BEA) have required reductions in the Bureau's local area personal income (LAPI) program. Effective with this release, the following statistical detail will not be updated or made available: (1) local area employment by industry; (2) detailed statistics on personal current transfer receipts; (3) detailed sta tistics on farm income and expenses; and (4) statistics for BEA Economic Areas. In addition, industry detail on compensation and earnings has been reduced from 108 industries to 25 industries. The loss of statis tical detail has a significant effect on the interactive data tables available to the public. For an explanation of the specific LAPI tables eliminated or modified by sequestration and reduced fiscal year 2013 funding levels, please see: www.bea.gov/_pdf/ sequestration_fact_sheet_with_appendix.pdf. For further information about the statistics, contact the Regional Income Division at 202-606-5360, or e-mail reis@bea.gov. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 large as the metropolitan average. Finance accounted for 8.3 percent of earnings in Hammond, LA com pared with 7.5 percent for the metropolitan average. And only Staunton, VA, had an information sector as large as the metropolitan average.7 Information ac counted for 4.0 percent of earnings in Staunton, VA, compared with 3.4 percent for the metropolitan aver age. On the other hand, nonmetropolitan areas tend to have relatively large farming, manufacturing, and gov ernment sectors. Farming in Grand Island, NE (13.2 percent of earnings) and Walla Walla, WA (11.1 per cent) exceeded the 6.0 percent average for nonmetro politan counties in 2012. Manufacturing in Midland, MI (26.6 percent), Albany, OR (23.9 percent), Gettys burg, PA (19.4 percent), Chambersburg, PA (18.5 per cent), Staunton, VA (18.0 percent), Grand Island, NE (17.0 percent), and East Stroudsburg, PA (15.0 per cent) exceeded the 14.9 percent average for nonmetro politan counties. Government earnings exceeded the nonmetropolitan average of 21.6 percent in 10 of the new MSAs. Comprehensive Revision On November 21, 2013, BEA released the initial results of its latest comprehensive, or benchmark, revision of the local area personal income statistics; the results of the previous comprehensive revision were released in April 2010.8 The first installment of the 2013 revision, consists of new and revised statistics for the years covered by the North America Industry Classification System (NAICS); that is, from 2001 through 2012. Additional revisions, covering 1969-2000 for the years covered by the Standard Industrial Classification (SIC) are sched uled to be released in the spring of 2014. Especially noteworthy in the 2013 comprehensive revision was the introduction of county-level data to improve the estimates of the Medicare benefits and Supplemental Nutritional Assistance Program benefits, two components of personal current transfer receipts. The 2013 local area personal income comprehensive revision incorporated the changes that were adopted as part of the comprehensive revisions of the national in come and product accounts (NIPAs), which was re leased in July 2013 and of the state personal income accounts which were released in September.9 7. The magnitude of the information industry in New Bern, NC, is unknown because of nondisclosure rules. 8. See David G. Lenze, “Comprehensive Revision of Local Area Personal Income,” Survey 90 (May 2010): 22-30. 9. See Robert Kornfeld, “Initial Results of the 2013 Comprehensive Revi sion of the National Income and Product Accounts,” Survey 93 (August 2013): 6-17 and David G. Lenze, “Regional Quarterly Report: Comprehen sive Revision,” Survey 93 (November 2013): 48-58. December 2013 Survey of Current Business The rest of this section will describe briefly the mag nitude of the revisions and then describe the improve ments in source data and statistical methods. 19 ten reflects the replacement of preliminary estimates of certain components of personal income based on sim ple extrapolations with estimates based on recently re leased source data. Magnitude of revisions For many counties, the picture of personal income shown by the revised estimates is similar to the picture shown by the previous estimates (table D). More than 80 percent of the revisions in every year were less than 5 percent in absolute value. For example, in 2001, 41 percent of the revisions to county personal income were less than 1 percent and 57 percent were between 1 percent and 5 percent. Only 56 of the 3,110 counties were revised 5 percent or more. For the most recent years, there were more large revisions—143 counties were revised 10 percent or more in 2011—but this of- Table D. Revisions to County Personal Income, 2001-2011 Revision (absolute value) Number of counties 2001 2002' 2003 2004 2005 2006 2007 20082 20093 2010 2011 0.0-0.9 percent........ 1,289 1,361 1,158 1,686 1,823 2,082 2,156 2,158 2,015 1,611 2,195 1,976 1,890 894 794 741 937 1,346 635 883 662 1.0-4.9 percent........ 1,765 5.0-9.9 percent........ 50 55 121 127 147 191 140 126 245 218 418 10.0 percent or more 6 9 9 8 14 21 19 29 38 36 143 Total........................... 3,110 3,111 3,111 3,111 3,111 3,111 3,111 3,112 3,113 3,113 3,113 1. For 2002 forward, the number of counties includes Broomfield County, CO. 2. For 2008 forward, the number of counties reflects the division of Skagway-Hoonah-Angoon Census Area into the Skagway Borough and the Hoonah-Angoon Census Area. 3. For 2009 forward, the number of counties reflects the division of the Wrangell-Petersburg Census Area into the Petersburg Census Area and the Wrangell City and Borough. Previously, county estimates of Medicare benefits were extrapolated from a benchmark set of estimates based on reimbursements for hospital and medical expenses by county for 1995 from the Centers for Medicare and Medicaid Services (CMS). The 1995 estimates were ex trapolated to the present by the change in Medicare en rollment (as of July of each year), also from CMS. As part of the comprehensive revision, the estimates of Medicare benefits are now based on fee-for-service per capita expenditure data by county from CMS. These data, which are available annually, are combined with annual Medicare enrollment by county to obtain an es timate of total Medicare benefits. Supplemental Nutritional Assistance Program (SNAP) benefits The basic local area data source for SNAP benefits are payments data from various state departments of so cial services. Formerly, when payments data were not available, the county distribution of benefits was held constant. As part of the comprehensive revision, the number of benefit recipients by county from the U.S. Census Bureau were used in the allocation of the state total when county payments data were unavailable. Acknowledgments social insurance, and the adjustment for residence. Major responsibilities were assigned to Brian J. Maisano, Lisa C. Ninomiya, James P. Stehle, and Matthew A. von Kerczek. Contributing staff members were Suet M. Boudhraa, Andy K. Kim, Toan A. Ly, W. Timothy McKeel, Linda M. Morey, Anand N. Seeram, and Troy P. Watson. The Farm Income and Employment Section, under the supervision of James M. Zavrel, Assistant to the Division Chief, prepared the estimates of farm wages and salaries, farm supplements to wages and salaries, and farm pro prietors’ income. Major responsibilities were assigned to Carrie L. Litkowski. Contributing staff members were Daniel R. Corrin and Michelle A. Harder. The Data and Administrative Systems Group assem bled the public use tabulations and data files and pre pared the tables. Major responsibilities were assigned to Jeffrey L. Newman, Michael J. Paris, and Callan S. Swen son. Contributing staff members were Brooke N. Huotari, Monique B. Tyes, Melanie N. Vejdani, and Jonas D. The Regional Income Division of the Bureau of Eco nomic Analysis (BEA), under the direction of Mauricio Ortiz, Chief, prepared the annual estimates of local area personal income. Joel D. Platt, Associate Director for Regional Economics, provided general guidance. The preparation of the revised estimates was a division-wide effort. The Compensation Branch, under the supervision of John A. Rusinko, Chief, prepared the estimates of non farm wages and salaries, supplements to wages and sala ries, and personal current tax receipts. Major responsibilities were assigned to Peter Battikha, Michael L. Berry, Elizabeth P. Cologer, John D. Laffman, David G. Lenze, Paul K. Medzerian, and Joseph L. Stauffer. Con tributing staff members were Susan P. Den Herder, Ter ence J. Fallon, Michael W. Jadoo, Russell C. Lusher, Nathaniel R. Milhous, Michael A. Reid, and Ross A. Stepp. The Regional Income Branch prepared the estimates of nonfarm proprietors’ income, property income, personal current transfer receipts, contributions for government https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Medicare benefits Wilson. 20 Local Area Personal Income Personal contributions for veterans life insurance Formerly, state estimates of personal contributions for veterans life insurance (a component of contributions for government social insurance) were allocated to counties in proportion to the veteran population from the Census of Population. The veteran population for 2000 was held constant for all subsequent years. As part of the comprehensive revision, state estimates of contributions for veterans’ life insurance were allo cated to counties using the 2006-2010 American Com munity Survey “5-year” estimates of the veteran population, centered on 2008, the midpoint of the esti mation interval. This allocator will be held constant for subsequent years until new, nonoverlapping 5-year estimates are available. Home Affordable Mortgage Program principal reduction This recently enacted federal program, a response to the subprime mortgage crisis, helps eligible home owners with loan modifications on their home mort gage debt. In lieu of direct data on benefits, the state estimates are allocated to counties on the basis of Fed eral Reserve Bank of New York data on the number of mortgage debtors, per debtor mortgage debt balance and percent of mortgage debt in delinquency. December 2013 the comprehensive revision. These wage flows are part of the residence adjustment in the local area personal income accounts. They account for wage and salary flows between Canada, Mexico, and the United States. In addition, they account for the inflows of wages and salaries earned by U.S. residents employed by certain international organizations (such as the United Na tions, the International Monetary Fund, and the World Bank) and by foreign embassies and consulates located within the geographic borders of the United States. Changes in statistical methods There were also several statistical improvements to the local area personal income accounts. Some of these improvements (such as for employer contributions for pensions and health insurance) involve state and na tional source data that are not available for individual counties. However, these improvements are implicitly incorporated into the county estimates, which must sum to the state and national estimates. Source Data Estimates of wage and salary flows across the borders of the United States were substantially revised in 2011 as part of the annual revision of the international transactions accounts.10 Because of the magnitude of the revisions and the number of years affected, the in troduction of these revised national estimates into the regional personal income accounts was delayed until The primary 2012 county-level data used by BEA to prepare the estimates of local area personal income presented in this article were wage and salary data from the Bureau of Labor Statistics, benefits paid by the Social Security Administration, Medicare enroll ment and fee-for-service expenditure data from the Centers for Medicare and Medicaid Services, and Med icaid payments from state departments of social ser vices. In addition, tabulations of 2011 federal income tax returns from the Internal Revenue Service were used, primarily for dividends, interest, nonfarm pro prietors’ income, and the residence adjustment.11 Other 2012 county-level data used by BEA to pre pare estimates of various components of local area per sonal income include the following: • Farm cash receipts, government payments, crop production, and livestock inventories by county for 2012 from the U.S. Department of Agriculture were used in the estimation of local area farm income. • The number of full-time military and coast guard personnel by county for 2012 from the Depart ments of Defense and Homeland Security was used in the estimation of military earnings. • County-level data for 2012 from the Federal Assis tance Award Data System were used to prepare esti mates of some components of personal current transfer receipts. • Household population by county for 2012 from the Census Bureau was used to allocate state estimates of a few small components of personal income. 10. See Mai-Chi Hoang and Erin M. Whitaker “Annual Revision of the U.S. International Transactions Accounts,” Survey 91 (July 2011): 58. 11. For complete details about the estimation methodology and data sources, see Local Area Personal Income Methodology on BEA’s Web site. Miscellaneous components of personal income Formerly, the state estimates of a number of small components of personal income for which no countylevel source data are available (for example, temporary disability benefits, a component of personal current transfer receipts) were allocated to counties on the ba sis of civilian population. As part of the comprehensive revision, these components are now allocated to coun ties using household population, that is, total popula tion excluding persons living in group quarters such as prisons. State estimates of the recently enacted Tempo rary High Risk Health Insurance premium reduction are also allocated to counties on the basis of household population. Residence adjustment https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 21 Survey of Current Business Alternative Measures of County Employment and Wages data because BEA adjusts the estimates to account for employ ment and wages that are not covered or not fully covered by the unemployment insurance programs. BEA adds estimates of employment and wages to the BLS data to bridge small gaps in coverage for nonprofit organizations that do not participate in the unemployment insurance program (in several industries), for students and their spouses employed by colleges or univer sities, for elected officials and members of the judiciary, for interns employed by hospitals and by social service agencies, and for insurance agents classified as statutory employees. In addition, BEA uses supplemental source data to estimate most, or all, of the employment and wages for the following: farms, farm labor contractors and crew leaders, private households, private elementary and secondary schools, religious member ship organizations, rail transportation, and military. BEA also adjusts for employment and wages subject to unemployment insurance but not reported by employers. Other adjustments to wages include estimates for unreported tips, judicial fees paid to jurors and witnesses, compensation of prison inmates, and marriage and license fees paid to justices of the peace.5 The Census Bureau released 2011 data for total employment and payrolls for counties on its Web site on April 2013. BLS released county data on total employment and average weekly pay for 2012 on its Web site on September 9, 2013. BEA released preliminary estimates for 2012 and revised estimates for 2010-2011 of total wage employment and total wage and salary disbursements for counties on its Web site on November 21,2013. Three widely used measures of county employment and wages by place of work are (1) employment and payroll in the County Business Patterns (CBP) series from the Census Bureau, (2) employment and wages from the Quarterly Census of Employ ment and Wages (QCEW) program from the Bureau of Labor Statistics (BLS), and (3) wage and salary disbursements and employment from the Bureau of Economic Analysis (BEA). These measures differ in source data and coverage. The CBP data are derived from Census Bureau business establishment surveys and federal administrative records. The QCEW data are tabulations of monthly employment and quar terly wages of workers who are covered by state unemployment insurance programs or by the unemployment insurance pro gram for federal employees.1 The BEA estimates of employ ment and wages are primarily derived from the BLS data; the estimates for industries that are either not covered or not fully covered in the QCEW are also based on supplemental data from other agencies, such as the Department of Defense, the U.S. Department of Agriculture, and the Railroad Retirement Board. The coverage of the Census Bureau data differs from that of the BLS data primarily because the Census Bureau data exclude most government employees and because the BLS data cover civilian government employees.2 The CBP data also exclude several private industries that are partly covered by the QCEW: crop and animal production; rail transportation; insurance and employee benefit funds; trusts, estates, and agency accounts; and private households. However, the CBP data cover the employees of educational institutions, membership organiza tions, and small nonprofit organizations in other industries more completely than the BLS data.3 In addition, the Census Bureau reports employment only for the month of March; the BLS employment data are quarterly and annual averages of monthly data. In 2001, both BLS and BEA began to include employees of Indian tribal councils in local government. These employees were previously included in the relevant private industries.4 In the Census Bureau data, these employees are still classified in private industries. BEA estimates of employment and wages differ from the BLS 5. For a detailed description of the sources and methods used to prepare the estimates, visit www.bea.gov/regional/methods.cfm . National Totals of BEA County Estimates of Wages and Salaries and CBP Payrolls and QCEW Wages [Billions of dollars] 2011 2010 Total CBP payrolls........................................................... 2012 4,941.0 5,164.9 n.a. QCEW civilian government wages1.................... 1,031.6 1,033.7 n.a. Other differences, net2.......................................... 3.1 18.7 n.a. Equals: Total QCEW wages.......................................... 5,975.7 6,217.3 6,490.6 69.7 78.1 80.8 Plus: Differences in coverage: Plus: BEA adjustments: 1. The QCEW data account for 93 percent of BEA’s wages and salaries. 2. The Census Bureau data cover only those government employees who work in government hospitals, federally chartered savings institutions and credit unions, liquor stores, and wholesale liquor establishments, and univer sity publishers. The BLS data in most states exclude state and local elected offi cials, members of the judiciary, state national and air national guardsmen, temporary emergency employees, and employees in policy and advisory posi tions. 3. The BLS data do not cover certain religious elementary and secondary schools because a Supreme Court decision exempts some of these schools from unemployment compensation taxes. The BLS data also exclude college students (and their spouses) who are employed by the school in which they are enrolled and student nurses and interns who are employed by hospitals as part of their training. In half of the states, the BLS data only include nonprofit organizations with four or more employees during 20 weeks in a calendar year. 4. For example, employees of casinos owned by tribal councils were included in “Amusement, Gambling, and Recreation Industries.” https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis For unreported wages and unreported tips on employment tax returns..................................... For wages and salaries not covered or not fully covered by unemployment insurance: Private............................................................... 194.6 205.4 217.5 Government..................................................... 131.6 130.7 131.0 Other BEA adjustments3....................................... -2.9 -3.2 -2.8 Equals: BEA estimates of wages and salaries4....... 6,368.6 6,628.3 6,917.2 n.a. Not available 1. Adjusted to remove the wages of Indian tribal councils that are included in the Census Bureau's total payroll data. 2. Includes differences of coverage in private education, membership organizations, and government. 3. Adjusted to remove wages and salaries of employees of U.S. companies stationed overseas and to reflect updates to QCEW data. 4. Consists of the earnings of persons who live in the United States and of foreign residents working in the United States. The regional total differs from the national estimate; see “Personal income in the NIPAs and State Personal Income,” Survey of Current Business 93 (November 2013): 57. Note. Details may not equal totals due to rounding. Michael Jadoo Tables 1 and 2 follow. Local Area Personal Income 22 December 2013 Table 1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2010-2012—Continues Per capita personal income 1 Personal income Percent change from preceding period2 Millions of dollars Area 2010 2011 2012 2011 2012 Rank in United States Dollars 2010 2011 2012 2012 Percent change from preceding period 2011 2012 United States3..................................................... 12,423,332 13,179,561 13,729,063 6.1 4.2 40,163 42,298 43,735 5.3 3.4 Metropolitan portion............................................................... 10,942,694 11,604,721 12,095,331 6.0 4.2 41,603 43,743 45,188 5.1 3.3 6.4 3.8 6.8 5.8 7.2 2.9 3.1 4.0 0.0 4.4 5.2 5.1 3.3 4.9 3.2 2.0 5.4 3.3 4.4 6.1 3.7 3.2 5.4 6.5 7.1 5.6 4.0 7.8 3.5 2.8 4.1 4.5 7.4 3.2 4.8 6.4 4.2 4.1 6.9 4.7 5.6 3.8 5.0 2.3 5.4 4.9 4.9 1.9 6.6 2.6 6.3 5.7 2.3 7.4 5.5 7.7 3.6 2.8 2.7 1.5 8.8 4.9 4.7 1 9 7.0 4.3 3.8 7.1 3.9 10.5 4.5 5.3 6.2 6.4 5.5 4.0 4.0 4.0 3.7 2.5 2.1 4.1 3.4 2.0 2.3 5.8 3.1 4.7 1.5 4.3 3.9 3.4 2.7 2.2 2.0 2.0 3.0 5.1 3.4 3.1 4.1 4.2 4.0 1.9 4.1 3.2 3.1 3.2 4.0 2.9 3.9 7.6 4.8 2.3 4.0 3.2 2.4 3.1 4.3 2.8 3.3 2.5 2.2 3.1 3.1 3.8 3.9 1.3 3.4 2.4 3.7 3.0 2.9 3.4 3.4 2.8 29 3.4 1.6 4.0 4.3 3.7 2.7 4.3 3.5 4.1 -1.6 5.1 Nonmetropolitan portion....................................................... 1,480,638 1,574,840 1,633,732 6.4 3.7 31,981 34,018 35,324 Metropolitan statistical areas 4 Abilene, TX................................................................................ Akron, OH.................................................................................. Albany, GA................................................................................. Albany, OR................................................................................. Albany-Schenectady-Troy, NY.................................................. Albuquerque, NM...................................................................... Alexandria, LA........................................................................... Allentown-Bethlehem-Easton, PA-NJ...................................... Altoona, PA................................................................................. Amarillo, TX................................................................................ Ames, IA.................................................................................... Anchorage, AK.......................................................................... Ann Arbor, Ml............................................................................. Anniston-Oxford-Jacksonville, AL............................................ Appleton, Wl.............................................................................. Asheville, NC.............................................................................. Athens-Clarke County, GA....................................................... Atlanta-Sandy Springs-Roswell, GA....................................... Atlantic City-Hammonton, NJ................................................... Auburn-Opelika, AL................................................................... Augusta-Richmond County, GA-SC........................................ Austin-Round Rock, TX............................................................ Bakersfield, CA......................................................................... Baltimore-Columbia-Towson, MD............................................. Bangor, ME................................................................................ Barnstable Town, MA................................................................ Baton Rouge, LA....................................................................... Battle Creek, Ml........................................................................ Bay City, Ml................................................................................ Beaumont-Port Arthur, TX....................................................... Beckley, WV............................................................................... Bellingham, WA......................................................................... Bend-Redmond, OR................................................................. Billings, MT................................................................................ Binghamton, NY........................................................................ Birmingham-Hoover, AL............................................................ Bismarck, ND............................................................................ Blacksburg-Christiansburg-Radford, VA.................................. Bloomington, IL......................................................................... Bloomington, IN........................................................................ Bloomsburg-Berwick, PA........................................................... Boise City, ID............................................................................. Boston-Cambridge-Newton, MA-NH....................................... Boulder, CO............................................................................... Bowling Green, KY.................................................................... Bremerton-Silverdale, WA........................................................ Bridgeport-Stamford-Norwalk, CT............................................ Brownsville-Harlingen, TX......................................................... Brunswick, GA........................................................................... Buffalo-Cheektowaga-Niagara Falls, NY................................. Burlington, NC............................................................................ Burlington-South Burlington, VT.............................................. California-Lexington Park, MD................................................. Canton-Massillon, OH............................................................... Cape Coral-Fort Myers, FL...................................................... Cape Girardeau, MO-IL............................................................ Carbondale-Marion, IL.............................................................. Carson City, NV......................................................................... Casper, WY................................................................................ Cedar Rapids, IA....................................................................... Chambersburg-Waynesboro, PA.............................................. Champaign-Urbana, IL.............................................................. Charleston, WV......................................................................... Charleston-North Charleston, SC............................................ Charlotte-Concord-Gastonia, NC-SC...................................... Charlottesville, VA..................................................................... Chattanooga, TN-GA................................................................ Cheyenne, WY........................................................................... Chicago-Naperville-Elgin, IL-IN-WI.......................................... Chico, CA................................................................................... Cincinnati, OH-KY-IN................................................................. Clarksville, TN-KY..................................................................... Cleveland, TN............................................................................ 5,653 26,824 4,799 3,396 39,368 30,403 5,545 32,654 4,331 9,004 3,653 18,562 13,797 3,762 8,591 14,321 5,932 199,483 10,909 4,045 18,951 67,582 25,742 134,818 5,146 11,585 29,995 4,536 3,530 14,242 3,990 7,407 5,613 5,983 8,996 43,699 4,636 5,118 7,493 4,875 2,834 20,870 253,656 14,558 4,751 10,653 68,169 9,303 3,542 44,583 4,699 8,964 4,714 13,477 25,256 3,214 4,284 2,234 3,859 10,512 5,118 8,654 8,681 24,848 83,321 9,158 18,280 4,121 419,533 7,201 83,204 9,732 3,466 6,070 28,363 5,147 3,530 40,684 31,881 5,554 34,225 4,562 9,583 3,826 19,711 14,380 3,817 9,110 14,906 6,228 214,363 11,319 4,258 20,134 74,169 27,836 143,281 5,355 12,475 31,228 4,644 3,660 14,936 4,292 7,721 5,965 6,423 9,334 45,623 5,043 5,363 7,950 5,104 2,961 21,677 269,576 15,487 5,032 10,975 73,370 9,656 3,781 47,125 4,848 9,691 5,061 14,472 26,624 3,326 4,406 2,251 4,246 11,134 5,393 8,853 9,253 26,461 87,827 9,894 19,146 4,573 439,698 7,591 88,581 10,460 3,682 6,331 29,482 5,345 3,667 41,776 32,707 5,783 35,457 4,649 9,876 4,062 20,553 15,162 3,857 9,549 15,621 6,496 223,569 11,595 4,452 20,703 78,696 29,497 7.4 5.7 7.2 4.0 3.3 4.9 0.2 4.8 5.3 6.4 4.7 6.2 4.2 1.5 6.0 4.1 5.0 7.5 3.8 5.3 6.2 9.7 8.1 6.3 4.1 7.7 4.1 2.4 3.7 4.9 7.6 4.2 6.3 7.4 3.8 4.4 8.8 4.8 6.1 4.7 4.5 3.9 6.3 6.4 5.9 3.0 7.6 3.8 6.8 5.7 3.2 8.1 7.4 7.4 5.4 3.5 2.8 0.8 10.0 5.9 5.4 2.3 6.6 6.5 5.4 8.0 4.7 11.0 4.8 5.4 6.5 7.5 6.2 4.3 3.9 3.8 3.9 2.7 2.6 4.1 3.6 1.9 3.1 6.2 4.3 5.4 1.0 4.8 4.8 4.3 4.3 2.4 4.6 2.8 6.1 6.0 4.1 3.0 4.0 5.1 3.6 1.5 3.8 3.0 4.0 4.6 5.3 2.2 4.3 10.1 5.0 3.1 4.5 3.3 4.0 4.0 6.0 3.8 3.5 3.2 2.9 3.4 3.0 4.5 4.3 2.5 3.5 4.6 3.8 2.8 2.9 6.5 3.7 3.1 3.2 3.4 4.0 5.8 5.1 4.6 4.9 4.6 4.2 4.4 2.0 6.1 34,143 38,153 30,452 29,050 45,195 34,177 35,986 39,723 34,088 35,633 40,772 48,442 39,950 31,768 38,032 33,653 30,648 37,605 39,711 28,734 33,437 39,118 30,584 49,646 33,442 53,646 37,294 33,334 32,765 35,292 31,944 36,740 35,547 37,535 35,779 38,705 40,208 28,684 40,188 30,440 33,102 33,771 55,579 49,130 29,870 42,314 74,193 22,821 31,448 39,259 31,022 42,371 44,566 33,341 40,697 33,342 33,796 40,409 51,127 40,687 34,143 37,266 38’252 36,459 40,354 32,642 29,882 46,599 35,529 35,974 41,469 35,853 37,464 42,134 50,796 41,247 32,401 40,077 34,775 32,000 39,884 41,187 29,653 35,254 41,651 32,769 52,413 34,790 57,844 38,614 34,267 34,123 36,876 34,308 37,928 37,263 39,933 37,292 40,289 42,999 30,023 42,452 31,584 34,771 34,537 58,561 51,554 31,320 43,117 79,099 23,405 33,428 41,501 31,730 45,525 46,997 35,896 42,153 34,292 34,710 41,033 55,608 42,678 35,743 37,987 40’945 37,918 41,981 33,956 30,984 47,763 36,272 37,442 42,865 36,570 38,340 44,568 52,360 43,202 32,883 41,799 36,125 33,073 40,963 42,099 30,236 35,949 42,902 34,453 54,201 35,860 60,238 40,245 35,623 34,757 38,374 35,389 39,117 38,448 41,546 38,365 41,850 46,262 31,460 43,429 32,837 35,887 35,354 60,387 53,772 32,183 44,547 81,068 23,909 34,478 42,788 32,929 47,285 47,609 37,115 43,169 35,545 35,745 42,236 57,522 44,131 36,743 39,086 42^329 37,220 37,470 41,801 34,540 44,734 44,294 32,736 39,306 37,165 29,890 38,818 38,911 44,748 35,899 49,443 46,305 34,477 41,738 39,527 31,544 39,444 40,465 46,667 37,228 50,755 48,305 35,696 43,454 38,902 33,148 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 149,222 5,513 12,977 32,811 4,813 3,717 15,510 4,420 8,029 6,239 6,766 9,535 47,569 5,554 5,629 8,196 5,333 3,059 22,552 280,244 16,418 5,221 11,359 75,704 9,936 3,911 48,530 5,068 10,105 5,189 14,974 27,856 3,451 4,530 2,316 4,522 11,552 5,558 9,138 9,564 27,510 92,931 10,400 20,025 4,796 459,981 7,908 92,497 10,672 3,906 197 114 311 364 38 248 208 99 239 189 68 19 91 336 118 252 328 136 113 369 257 98 302 14 260 8 155 271 293 187 279 175 185 125 188 117 51 359 87 337 259 280 7 15 351 69 2 380 301 100 335 40 39 216 92 275 264 112 10 75 229 177 108 170 147 46 213 26 33 268 86 181 323 December 2013 23 Survey of Current Business Table 1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2010-2012—Continues Per capita personal income 1 Personal income 2010 Cleveland-Elyria, OH................................................................ Coeur d'Alene, ID..................................................................... College Station-Bryan, TX........................................................ Colorado Springs, CO.............................................................. Columbia, MO........................................................................... Columbia, SC............................................................................ 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................................................................................. Daphne-Fairhope-Foley, AL...................................................... Davenport-Moline-Rock Island, IA-IL....................................... Dayton, OH................................................................................ Decatur, AL................................................................................ Decatur, IL................................................................................. Deltona-Daytona Beach-Ormond Beach, FL.......................... Denver-Aurora-Lakewood, CO................................................ Des Moines-West Des Moines, IA........................................... Detroit-Warren-Dearborn, Ml................................................... Dothan, AL................................................................................ Dover, DE.................................................................................. Dubuque, IA............................................................................... Duluth, MN-WI........................................................................... Durham-Chapel Hill, NC........................................................... East Stroudsburg, PA............................................................... Eau Claire, Wl........................................................................... El Centro, CA............................................................................. Elizabethtown-Fort Knox, KY................................................... Elkhart-Goshen, IN................................................................... Elmira, NY................................................................................. El Paso, TX................................................................................ Erie, PA...................................................................................... Euqene, OR............................................................................... 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, CO......................................................................... Fort Smith, AR-OK................................................................... Fort Wayne, IN........................................................................... Fresno, CA................................................................................. Gadsden, AL............................................................................. Gainesville, FL........................................................................... Gainesville, GA.......................................................................... Gettysburg, PA........................................................................... Glens Falls, NY.......................................................................... Goldsboro, NC........................................................................... Grand Forks, ND-MN................................................................ Grand Island. NE...................................................................... Grand Junction, CO.................................................................. Grand Rapids-Wyoming, Ml.................................................... Grants Pass, OR....................................................................... Great Falls, MT......................................................................... Greeley, CO............................................................................... Green Bay, Wl........................................................................... Greensboro-High Point, NC...................................................... Greenville, NC........................................................................... Greenville-Anderson-Mauldin, SC........................................... Gulfport-Biloxi-Pascagoula, MS............................................... Hagerstown-Martinsburg, MD-WV.......................................... Hammond, LA........................................................................... Hanford-Corcoran, CA.............................................................. Harrisburg-Carlisle, PA............................................................. Harrisonburg, VA...................................................................... Hartford-West Hartford-East Hartford, CT.............................. Hattiesburg, MS........................................................................ See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Percent change from preceding period2 Millions of dollars Area 83,447 4,487 6,828 25,082 6,036 26,799 10,877 2,886 73,483 15,719 3,145 9,666 3,263 267,544 3,748 2^567 2011 2012 88,962 4,745 7,098 26,460 6,333 28*091 6,667 29^267 11,649 3,145 79,024 16,920 3*306 12,178 3,436 83,062 17,832 3^447 10,098 3,415 293,169 3,948 2^668 10,669 3,511 309,155 4,075 2*740 7*355 92,395 4,934 7,454 27*389 4,125 8,476 3,840 15,411 15,173 4,524 12,776 6*546 7,121 16,330 31,029 4,960 4,538 19,802 127,635 26,208 174,844 5,093 5,799 3,646 10,398 22,155 5,585 6,115 5,358 5,871 6,555 3,313 24,080 10,108 12,236 12,250 4,453 9,262 4,103 16,102 16,383 4,617 13,264 6*889 4,611 3,660 11,429 8,573 14,046 29,246 3,267 9,386 5^490 4,741 3,849 12,201 9,171 14,930 31,174 3,322 9,819 5*908 4,887 4,019 12,827 9,503 15,687 32,298 3,415 10*205 6*080 3,406 4,765 3,805 3,740 2,985 4,882 33,591 2,424 3,114 7,270 11,809 24,972 5,529 27,553 13,100 8,542 3,765 4,245 22,717 3,819 61,696 4,356 3,516 4,979 3,963 3,932 3,293 5,115 35,718 2,515 3,225 7,854 12,504 25,857 5,775 29,056 13,300 9,041 3,926 4,827 23,869 4,054 63,597 4,553 3,625 5,146 4,177 4,343 3,455 5,282 37,474 2,601 3,336 8,348 12,944 26,973 6,168 30,086 13,456 9,276 4,035 4,819 24,665 4,236 65,910 4,780 6,683 15,349 29,303 4,850 4,307 19,299 117,989 24,781 164,685 4,953 5,579 3,405 9,791 21,172 5,359 5,801 4,938 5,461 6,125 3,167 22,889 9,475 11,670 11*472 16,777 31,952 5,109 4,657 20,634 134,735 27,537 181,388 5,287 6,061 3,839 10,667 23,158 5,702 6,403 5*467 5,863 7,096 3,384 25,077 10,292 12,743 12*674 4^556 10,033 4,253 16,455 17,348 4,736 13,565 7^099 2011 6.6 58 4.0 5.5 4.9 4.8 7.1 9.0 7.5 7.6 5.1 4.5 4.6 9.6 5.3 3.9 6.6 6.4 5.9 2.3 5.3 2.6 8.2 5.8 6.2 2.8 3.9 7.1 6.2 4.6 4.2 5.4 8.5 7.5 7.0 4.6 5.2 6.7 4.8 6.8 7.9 9.3 6.8 4.5 8.0 2.1 3.8 5.2 2.8 5.2 6.8 7.0 6.3 6.6 1.7 4.6 7.6 3.2 4.5 4.2 5.1 10.3 4.8 6.3 3.7 3.6 8.0 5.9 3.5 4.5 5.5 1.5 5.8 4.3 13.7 51 62 3.1 4.5 2012 3.9 40 5.0 3.5 5.3 4.2 4.5 9.2 5.1 54 4.3 5.7 2.8 5.5 3.2 2.7 3.3 2.7 3.0 3.0 2.6 4.2 5.6 5.1 3.7 3.8 4.5 5.3 2.6 4.5 2.1 4.7 2.0 -0.1 8.3 2.1 4.1 1.8 4.1 3.5 2.3 8.3 3.7 2.2 5.9 2.6 2.3 3.0 3.1 4.4 5.1 3.6 5.1 3.6 2.8 3.9 2.9 3.1 3.4 5.4 10.5 4.9 3.3 4.9 3.4 3.5 6.3 3.5 4.3 6.8 3.5 1.2 2.6 2.8 -0.2 3.3 45 3.6 5^0] Rank in United States Dollars 2010 2011 2012 40,196 32,300 29,753 38*579 36*978 43,010 33 631 30^664 34 811 36J80 37^532 38*547 36 163 38 589 40*417 41*048 36,722 36J76 40,949 3E606 41*462 26*325 31*469 36^464 39 262 38*439 37 294 39,216 43/419 42728 40 796 39^880 42,246 33^277 44^628 43,078 34^431 46*136 27J01 32791 38*115 28 548 33,937 38*548 42,836 38,736 32,185 41,021 33,475 49*119 43,847 39,891 33,127 42,287 34,661 50^936 45J30 40776 34727 35,077 38,610 37,156 43,111 32,857 37,602 30*459 38^831 46,753 42*261 40,367 36,629 31,514 38,898 32,673 46,195 43,324 38,372 33,951 34,235 36,274 34,997 41,851 31,529 35,949 28*271 36*429 31,015 35,654 28,363 33,748 33,160 36*790 41*980 40 J 05 38*171 32,988 37,313 29,315 35,972 34,614 39*176 40,476 29,507 41,907 32,575 33,607 30*052 31*833 44,851 43,570 32,039 43,192 34,569 34,430 31 426 33*491 31,322 35,987 38,041 30,539 33,701 31,357 31,280 35^488 30*504 32,233 37,788 39,992 32,651 35,584 33,132 31,851 36^858 32*288 33,580 36,947 30,961 37,933 36,399 33,330 33,948 29,254 38,187 28,615 38,494 34,438 32,758 33,365 35,258 33,831 30,999 27,874 41 287 30,455 50,869 30*399 34,628 38,680 32,003 40,093 39,835 34^681 35,845 30,416 39,435 30,400 40,497 35,395 33,831 34,879 35,380 35,509 32,047 31,771 43 271 31 999 52,338 31*346 44,775 34656 31 788 40*980 39^557 35,816 36,155 40,371 38,171 44,294 33,781 39,138 30*894 38*981 35,550 38,056 30,186 36,671 35 941 40^437 45^432 46,384 33,092 43,928 35,977 34,820 32 421 34^445 33,249 39,459 41,311 33,876 37,226 34,074 32,717 38^045 32789 35,720 40,058 33,620 43,916 41,395 35726 37,264 31*361 40,822 31,657 41,609 36,645 35,743 35,696 35,448 36,196 32,687 31,835 44 523 32 998 54 274 32*567 2012 64 298 354 134 166 210 172 88 101 142 163 94 304 52 374 313 183 81 162 325 110 296 24 45 111 262 250 153 191 73 316 174 366 180 274 192 370 232 258 150 56 49 326 79 256 290 347 303 321 169 130 314 214 310 342 193 338 267 159 318 80 127 266 211 360 141 357 121 233 265 268 278 249 343 353 70 332 13 345 Percent change from preceding period 2011 7.0 41 3.1 4.0 3.2 3.9 4.9 7.7 6.5 6.9 4.5 3.2 5.3 7.6 5.2 4.2 4.5 6.1 5.8 2.1 5.5 2.5 6.3 4.2 6.3 2.3 2.5 6.4 6.2 3.0 4.2 4.6 7.7 6.6 6.4 4.7 3.4 6.6 4.4 6.5 6.8 7.6 8.6 3.1 6.1 2.4 4.6 5.2 2.9 5.0 5.1 6.9 5.6 5.7 1.8 3.9 5.8 3.1 4.7 3.4 5.7 9.4 4.1 5.6 4.0 3.3 6.2 5.2 2.8 3.3 4.5 0.3 5.0 3.4 14.0 48 51 2.9 3.1 2012 4.1 3.0 37 2.2 3.6 3.1 1.6 7.4 4.1 3.9 3.7 2.0 3.5 3.4 31 3.5 1.1 2.4 3.0 2.9 3.1 3.5 3.7 3.6 3.6 3.1 3.1 4.6 2.7 2.7 2.8 4.1 1.4 0.4 7.8 2.0 3.0 1.9 3.8 3.2 1.3 6.5 3.3 1.7 4.1 1.1 3.2 2.8 3.2 4.4 3.3 3.8 4.6 2.8 2.7 3.2 1.6 3.2 3.6 5.1 9.5 3.9 3.0 4.0 3.1 3.5 4.1 2.7 3.5 5.7 2.3 0.2 1.9 2.0 0.2 29 31 3.7 3.9 24 Local Area Personal Income December 2013 Table 1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2010-2012—Continues Personal income Hickory-Lenoir-Morganton, NC................................................ Hilton Head Island-Bluffton-Beaufort, SC............................... Hinesville, GA............................................................................ Homosassa Springs, FL............................................................ Hot Springs, AR........................................................................ Houma-Thibodaux, LA.............................................................. Houston-The Woodlands-Sugar Land, TX..................... ........ Huntington-Ashland, WV-KY-OH.............................................. Huntsville, AL............................................................................. Idaho Falls, ID............................................................................ Indianapolis-Carmel-Anderson, IN........................................... Iowa City, IA............................................................................... Ithaca, NY.................................................................................. Jackson,Ml................................................................................ Jackson, MS............................................................................... Jackson, TN............................................................................... Jacksonville, FL.......................................................................... Jacksonville, NC......................................................................... Janesville-Beloit, Wl.................................................................. Jefferson City, MO..................................................................... Johnson City, TN..................................................... .................. Johnstown, PA............................................................................ Jonesboro, AR........................................................................... Joplin, MO.................................................................................. Kahului-Wailuku-Lahaina, HI.................................................... Kalamazoo-Portage, Ml............................................................ Kankakee, IL.............................................................................. Kansas City, MO-KS................................................................. Kennewick-Richland, WA................... ...................................... Killeen-Temple, TX.................................................................... Kingsport-Bristol-Bristol, TN-VA............................................... Kingston, NY.............................................................................. Knoxville, TN.............................................................................. Kokomo, IN................................................................................. La Crosse-Onalaska, WI-MN................................................... Lafayette, LA................... .......................................................... Lafayette-West Lafayette, IN.................................................... 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-Henderson-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-Anaheim, CA................................. Louisville/Jefferson County, KY-IN............................................ Lubbock, TX............................................................................... Lynchburg, VA............................................................................ Macon, GA................................................................................. Madera, CA................................................................................ Madison, Wl............................................................................... Manchester-Nashua, NH.......................................................... Manhattan, KS........................................................................... Mankato-North Mankato, MN................................. ....... ;......... Mansfield, OH............................................................................ McAllen-Edinburg-Mission, TX................................................. Medford, OR............................................................................... Memphis, TN-MS-AR................................................................ Merced, CA................................................................................ Miami-Fort Lauderdale-West Palm Beach, FL........................ Michigan City-La Porte, IN.................... .................................. Midland, Ml................................................................................ Midland, TX................................................................................ Milwaukee-Waukesha-West Allis, Wl.................... .................. Minneapolis-St. Paul-Bloomington, MN-WI............................. Missoula, MT.............................................................................. See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Percent change from preceding period 2 Millions of dollars Area Per capita personal income 1 2010 2011 2012 11,034 7,129 2,181 4,504 3,191 8,484 265,036 11,809 16,604 4,392 72,749 6,280 3,603 4,855 20,439 4,284 53,309 8,023 5,216 5,293 6,338 4,690 3,716 5,366 5,385 11,242 3,682 83,427 9,407 15,583 9,816 7,331 29,108 2,539 5,054 17,937 6,252 6,865 5,210 19,851 19,386 15,726 6,055 6,232 69,407 3,658 4,753 5,141 2,132 3,765 17,531 3,241 11,471 26,733 3,434 7,835 3,300 551,157 46,636 9,812 8,350 7,961 4,153 26,732 18,760 3,873 3,428 3,692 16,768 6,842 49,098 7,117 232,377 3,356 3,473 8,684 67,844 155,014 3,702 11,311 7,581 2,267 4,619 3,418 8,677 295,382 12,425 17,423 4,683 77,294 6,779 3,824 5,098 21,721 4,580 55,394 8,236 5,487 5,401 6,708 4,956 4,032 5,594 5,767 11,802 3,815 87,741 10,072 16,343 10,424 7,599 30,808 2,702 5,304 19,237 6,682 7,134 5,373 21,118 20,437 16,162 6,530 6,492 70,641 3,959 4,877 5,433 2,208 3,894 18,600 3,387 12,268 28,684 3,659 8,586 3,407 579,532 48,847 10,200 8,722 8,386 4,531 28,535 19,758 4,104 3,704 3,896 17,573 7,146 51,518 7,798 245,185 3,563 3,759 11,233 71,010 165,580 3,892 11,725 7,921 2,311 4,764 3,566 9,116 315,056 12,785 17,917 4,803 81,676 7,155 3,984 5,237 22,786 4,790 57,731 8,422 5,752 5,486 6,940 5,043 4,250 5,777 6,002 12,184 3,956 91,266 9,954 16,592 10,807 7,806 32,122 2,826 5,523 20,423 6,981 7,490 5,535 22,025 21,119 16,515 6,770 6,618 73,379 4,100 4,903 5,582 2,277 3,983 19,365 3,474 12,905 29,899 3,752 9,089 3,556 604,832 51,268 10,738 8,999 8,582 4,745 29,813 20,471 4,153 3,926 3,979 18,067 7,490 54,054 8,034 254,838 3,716 3,807 12,595 73,558 172,004 4,060 2011 2.5 6.3 4.0 2.5 7.1 2.3 11.4 5.2 4.9 6.6 6.2 7.9 6.1 5.0 6.3 6.9 3.9 2.7 5.2 2.0 5.8 5.7 8.5 4.3 7.1 5.0 3.6 5.2 7.1 4.9 6.2 3.7 5.8 6.4 4.9 7.3 6.9 3.9 3.1 6.4 5.4 2.8 7.8 4.2 1.8 8.2 2.6 5.7 3.6 3.4 6.1 4.5 6.9 7.3 6.6 9.6 3.2 5.1 4.7 4.0 4.4 5.3 9.1 6.7 5.3 5.9 8.0 5.5 4.8 4.4 4.9 9.6 5.5 6.2 8.2 29.4 4.7 6.8 5.1 2012 3.7 4.5 1.9 3.1 4.3 5.1 6.7 2.9 2.8 2.6 5.7 5.5 4.2 2.7 4.9 4.6 4.2 2.3 4.8 1.6 3.5 1.8 5.4 3.3 4.1 3.2 3.7 4.0 -1.2 1.5 3.7 2.7 4.3 4.6 4.1 6.2 4.5 5.0 3.0 4.3 3.3 2.2 3.7 1.9 3.9 3.6 0.5 2.7 3.1 2.3 4.1 2.6 5.2 4.2 2.5 5.9 4.4 4.4 5.0 5.3 3.2 2.3 4.7 4.5 3.6 1.2 6.0 2.1 2.8 4.8 4.9 3.0 3.9 4.3 1.3 12.1 3.6 3.9 4.3 Rank in United States Dollars 2010 30,214 37,933 28,163 31,874 33,157 40,750 44,557 32,352 39,593 32,827 38,444 41,048 35,444 30,301 35,973 32,947 39,514 44,699 32,551 35,298 31,857 32,687 30,651 30,503 34,714 34,390 32,443 41,426 36,800 38,174 31,710 40,191 34,704 30,692 37,744 38,374 30,956 34,317 26,002 32,902 37,257 33,881 24,097 29,628 35,531 32,895 36,119 38,444 34,945 34,963 37,027 30,513 37,864 38,062 27,236 36,510 32,215 42,912 37,675 33,586 33,046 34,262 27,471 44,073 46,779 41,539 35,413 29,730 21,519 33,628 37,011 27,706 41,633 30,120 41,520 61,260 43,582 46,195 33,824 2011 31,060 39,953 28,136 33,026 35,369 41,584 48,809 34,065 40,974 34,726 40,467 43,631 37,579 31,902 37,861 35,276 40,701 46,418 34,282 35,939 33,591 34,749 32,849 31,662 36,790 35,944 33,603 43,330 38,195 39,630 33,781 41,619 36,537 32,626 39,456 40,871 32,739 35,568 26,524 34,630 39,013 34,712 25,612 30,488 35,896 35,268 36,969 40,427 36,011 36,246 38,836 32,034 40,015 40,346 28,731 39,788 33,261 44,768 39,241 34,545 34,334 36,015 29,790 46,479 49,169 43,129 38,055 31,642 22,127 34,907 38,637 29,995 43,106 32,026 44,739 77,495 45,477 48,857 35,342 2012 32,243 40,853 28,348 34,184 36,796 43,631 51,004 35,059 41,595 35,292 42,342 45,222 38,852 32,670 39,505 36,721 41,900 45,953 35,855 36,537 34,582 35,620 34,266 33,139 37,909 36,916 34,997 44,766 37,109 39,471 34,975 42,937 37,864 34,107 40,824 43,049 33,822 37,226 27,220 35,746 40,088 35,459 26,120 30,862 36,676 36,331 36,992 41,268 37,080 37,018 39,925 33,044 41,584 41,662 29,243 41,945 34,867 46,337 40,970 36,074 35,243 36,879 31,169 48,026 50,806 42,464 40,052 32,437 22,400 36,289 40,288 30,630 44,222 33,399 45,423 83,049 46,943 50,260 36,584 2012 350 139 375 307 228 85 23 284 123 281 107 60 182 344 167 230 116 53 261 241 300 272 305 324 198 226 286 65 217 168 287 97 200 309 140 95 315 214 377 263 158 277 379 367 231 246 221 131 218 220 161 330 124 120 372 115 289 50 135 253 283 227 362 34 25 105 160 346 381 247 154 368 74 320 57 1 42 27 237 Percent change from preceding period 2011 2.8 5.3 -0.1 3.6 6.7 2.0 9.5 5.3 3.5 5.8 5.3 6.3 6.0 5.3 5.2 7.1 3.0 3.8 5.3 1.8 5.4 6.3 7.2 3.8 6.0 4.5 3.6 4.6 3.8 3.8 6.5 3.6 5.3 6.3 4.5 6.5 5.8 3.6 2.0 5.3 4.7 2.5 6.3 2.9 1.0 7.2 2.4 5.2 3.1 3.7 4.9 5.0 5.7 6.0 5.5 9.0 3.2 4.3 4.2 2.9 3.9 5.1 8.4 5.5 5.1 3.8 7.5 6.4 2.8 3.8 4.4 8.3 3.5 6.3 7.8 26.5 4.3 5.8 4.5 2012 3.8 2.3 0.8 3.5 4.0 4.9 4.5 2.9 1.5 1.6 4.6 3.6 3.4 2.4 4.3 4.1 2.9 -1.0 4.6 1.7 3.0 2.5 4.3 4.7 3.0 2.7 4.1 3.3 -2.8 -0.4 3.5 3.2 3.6 4.5 3.5 5.3 3.3 4.7 2.6 3.2 2.8 2.2 2.0 1.2 2.2 3.0 0.1 2.1 3.0 2.1 2.8 3.2 3.9 3.3 1.8 5.4 4.8 3.5 4.4 4.4 2.6 2.4 4.6 3.3 3.3 -1.5 5.2 2.5 1.2 4.0 4.3 2.1 2.6 4.3 1.5 7.2 3.2 2.9 3.5 December 2013 25 Survey of Current Business Table 1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2010-2012—Continues Personal income Percent change from preceding period 2 Millions of dollars Area 2010 2011 2012 Mobile, AL.................................................................................. 12,947 13,460 13,565 Modesto, CA.............................................................................. 16,233 17,095 17,811 Monroe, LA................................................................................ 5,808 6,033 6,308 Monroe, Ml................................................................................ 5,200 5,492 5,800 Montgomery, AL....................................................................... 13,604 14,023 14,296 Morgantown, WV....................................................................... 4,439 4,954 4,726 Morristown, TN.......................................................................... 3,273 3,448 3,554 Mount Vernon-Anacortes, WA................................................. 4,425 4,608 4,783 Muncie, IN................................................................................. 3,481 3,611 3,793 5^392 Muskegon, Ml............................................................................ 5,007 5,234 Myrtle Beach-Conway-North Myrtle Beach, SC-NC............... 11,397 12,032 12,498 Napa, CA................................................................................... 6,687 7,082 7,621 Naples-lmmokalee-Marco Island, FL...................................... 18,289 19,321 20,075 78*069 Nashville-Davidson—Murfreesboro—Franklin, TN................... 68,202 72,398 New Bern, NC........................................................................... 4,642 4,779 5,016 44*028 New Haven-Milford, CT............................................................ 40,958 42,362 New Orleans-Metairie, LA........................................................ 50,182 52,183 53,914 New York-Newark-Jersey City, NY-NJ-PA............................... 1,064,621 1,123,064 1,158*247 Niles-Benton Harbor, Ml........................................................... 5,590 5,798 5,894 North Port-Sarasota-Bradenton, FL........................................ 32,348 34,324 35784 Norwich-New London, CT........................................................ 12,832 13,204 13,563 Ocala, FL................................................................................... 11,472 10,704 11,921 Ocean City, NJ........................................................................... 4,727 4,895 5,034 Odessa, TX............................................................................... 4,676 5,526 6,162 Ogden-Clearfield, UT............................................................... 19,692 20,997 22,038 Oklahoma City, OK................................................................... 48,195 53,223 56,197 Olympia-Tumwater, WA............................................................ 10,625 10,967 11,361 Omaha-Council Bluffs, NE-IA.................................................. 37,065 39,228 41,248 Orlando-Kissimmee-Sanford, FL............................................. 73,655 77,138 80,969 6*295 6^622 6*848 Oshkosh-Neenah, Wl............................................................... Owensboro, KY........................................................................ 3,824 4,106 4,252 Oxnard-Thousand Oaks-Ventura, CA...................................... 37,012 39,295 40,827 Palm Bay-Melbourne-Titusville, FL.......................................... 20,373 21,241 21,766 Panama City, FL....................................................................... 6,683 6,870 6,987 Parkersburg-Vienna, WV.......................................................... 2,838 2,984 3J18 Pensacola-Ferry Pass-Brent, FL............................................. 15,943 16,735 17,314 Peoria, IL................................................................................... 15,249 16,764 17,657 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD................. 286,633 300,996 310,081 Phoenix-Mesa-Scottsdale, AZ................................................. 148,944 164,547 158,054 Pine Bluff, AR........................................................................... 2,967 3,065 3,194 Pittsburgh, PA............................................................................ 102,605 108,840 112,990 Pittsfield, MA............................................................................. 5,616 5,931 6,102 Pocatello, ID.............................................................................. 2,379 2,467 2,512 Portland-South Portland, ME................................................... 21,748 22,897 23,705 Portland-Vancouver-Hillsboro, OR-WA.................................... 87,550 93,406 98,698 Port St. Lucie, FL...................................................................... 15,681 16,320 16,908 Prescott, AZ............................................................................... 6,224 6,449 6,723 Providence-Warwick, RI-MA.................................................... 67,693 70,561 72,690 Provo-Orem, UT....................................................................... 13,314 14,305 15,197 Pueblo, CO................................................................................ 4,852 5,140 5,343 5*488 6*005 Punta Gorda, FL....................................................................... 5766 Racine, Wl................................................................................. 7,385 7,658 7,891 Raleigh, NC............................................................................... 47,992 46,085 50,763 Rapid City, SD........................................................................... 5,341 5,684 5,920 Reading, PA............................................................................... 15,427 16,727 16,225 Redding, CA.............................................................................. 6,218 6,499 6,714 Reno, NV................................................................................... 17,547 18,258 18,793 Richmond, VA............................................................................ 50,514 53,462 55,678 Riverside-San Bernardino-Ontario, CA................................... 126,255 133,772 138,767 Roanoke, VA.............................................................................. 11,626 12,173 12,643 Rochester, MN........................................................................... 8,882 9,140 9,579 Rochester, NY........................................................................... 43,215 47,382 45,787 Rockford, IL............................................................................... 11,657 12,164 12,580 Rocky Mount, NC..................................................................... 4,826 4,999 4,777 Rome, GA.................................................................................. 3,103 3,204 3,292 Sacramento-Roseville-Arden-Arcade, CA............................ 88,518 93,793 98,054 Saginaw, Ml............................................................................... 6,218 6,459 6,561 St. Cloud, MN............................................................................ 6,435 6,857 7,192 St. George, UT.......................................................................... 3,729 3,951 4,141 St. Joseph, MO-KS................................................................... 4,236 4,460 4,614 St. Louis, MO-IL......................................................................... 115,240 120,030 124,763 Salem, OR................................................................................. 12,816 13,312 13,757 Salinas, CA................................................................................ 16,958 17,668 18,365 Salisbury, MD-DE..................................................................... 14,144 13,515 14,689 Salt Lake City, UT..................................................................... 40,582 43,045 45,425 San Angelo, TX........................................................................ 4,043 4,403 4,561 San Antonio-New Braunfels, TX.............................................. 76,395 83,555 87,169 San Diego-Carlsbad, CA.......................................................... 141,014 150,841 157,961 San Francisco-Oakland-Hayward, CA..................................... 255,023 276,804 296,700 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income ’ 2011 4.0 5.3 3.9 5.6 3.1 6.5 5.3 4.1 3.7 4.5 5.6 5.9 5.6 6.2 3.0 3.4 4.0 5.5 3.7 6.1 2.9 7.2 3.6 18.2 6.6 10.4 3.2 5.8 4.7 5.2 7.4 6.2 4.3 2.8 5.2 5.0 9.9 5.0 6.1 3.3 6.1 5.6 3.7 5.3 6.7 4.1 3.6 4.2 7.4 5.9 5.1 3.7 4.1 6.4 5.2 4.5 4.1 5.8 6.0 4.7 2.9 6.0 4.3 1.0 3.3 6.0 3.9 6.6 5.9 5.3 4.2 3.9 4.2 4.7 6.1 8.9 9.4 7.0 8.5 2012 0.8 4.2 4.6 5.6 1.9 4.8 3.1 3.8 5.0 3.0 3.9 7.6 3.9 7.8 5.0 3.9 3.3 3.1 1.7 4.3 2.7 3.9 2.8 11.5 5.0 5.6 3.6 5.1 5.0 3.4 3.5 3.9 2.5 1.7 4.5 3.5 5.3 3.0 4.1 4.2 3.8 2.9 1.8 3.5 5.7 3.6 4.3 3.0 6.2 4.0 4.1 3.0 5.8 4.2 3.1 3.3 2.9 4.1 3.7 3.9 4.8 3.5 3.4 3.6 2.7 4.5 1.6 4.9 4.8 3.4 3.9 3.3 3.9 3.9 5.5 3.6 4.3 4.7 7.2 Rank in United States Dollars 2010 31,332 31,500 32,876 34,217 36,259 34’063 28,702 37,816 29,585 29,114 30 J 04 48^875 56^681 40*696 36,527 47^476 41*977 54^322 35^650 45^976 46,816 32,298 48^588 34J17 32,837 38,313 41,989 42^696 34,425 37^675 33,312 44,842 37,452 36,102 30^595 35*341 40,243 47*996 35,384 29,636 43,535 42,791 28,671 42,322 39,212 36,874 29,602 42*255 25,117 30,410 34^321 37,783 40,520 39,541 37,462 35,063 41,169 41,741 29,749 37,666 42,878 40,017 33,377 31,330 32,195 41,080 31,098 34,009 26,933 33,292 41,306 32,724 40,732 36,064 37,173 36,018 35,481 45,431 58,691 2011 2012 32,580 33,005 34,014 36,227 37,044 35752 30^084 32,772 34,138 35,482 38,401 37,905 36 928 30^925 39,107 30,656 30785 31*177 40456 32,318 31,685 31*678 54^807 60*391 5T325 58*991 42*629 37^315 49*098 43^002 56*922 37^049 48410 48,176 34*505 50^695 39*585 34^660 41,717 42,774 44721 35*466 39485 35,585 47,279 39,023 37,033 32*214 45713 39751 51 *028 43736 58*403 37764 49797 49 468 35*570 52776 42*698 35,984 43,343 43,977 46775 36*412 46,117 45,465 29,540 44,367 41,313 38,095 30,543 44^093 40769 36,641 48,837 39,770 37,241 33785 37738 46,412 51719 38706 32776 47,862 46,930 29,972 45,752 43,103 39,078 31,617 45*392 26,470 32,055 36761 39,268 41,276 41,675 39,330 36,507 42,524 43,856 31,096 39,394 43,846 42,313 34,962 31,754 33,322 43,094 32,457 36,080 27,920 34,943 42,969 33,801 41,906 37,402 38,883 38,845 38,124 48,066 62,954 27,588 33,218 36764 40,510 42,709 42,669 40,453 37,593 43,317 45,194 31,900 40,769 45,702 43,780 36,359 32,964 34,230 44,641 33,079 37,756 28,597 36,068 44,625 34711 43,034 38,467 40,424 39,711 39,019 49,719 66,591 36742 44,151 50J87 37J 71 30*964 2012 341 308 276 186 199 224 365 148 349 355 356 12 6 61 173 22 78 9 201 29 30 273 20 103 255 89 77 47 243 145 234 31 164 212 317 207 48 21 194 340 36 43 371 54 93 178 358 58 376 322 222 146 102 104 149 206 90 62 352 143 55 82 244 334 306 66 327 202 373 254 67 294 96 184 151 165 179 28 3 Percent change from preceding period 2011 4.0 4.8 3.5 5.9 2.2 5.0 4.8 3.4 3.6 5.7 3.6 5.0 4.1 4.7 2.2 3.4 2.4 4.8 3.9 5.3 2.9 6.8 4.3 16.0 5.6 8.9 1.9 4.7 3.0 4.8 6.8 5.4 4.2 2.6 5.3 4.0 9.7 4.6 5.1 4.5 5.9 6.2 3.0 4.8 5.4 3.3 3.2 4.3 5.4 5.4 5.4 3.9 1.9 5.4 5.0 4.1 3.3 5.1 4.5 4.6 2.3 5.7 4.7 1.4 3.5 4.9 4.4 6.1 3.7 5.0 4.0 3.3 2.9 3.7 4.6 7.8 7.4 5.8 7.3 2012 0.6 3.4 4.3 6.0 2.3 3.3 2.8 3.4 5.4 2.9 1.6 6.8 2.4 6.1 4.9 39 2.2 2.6 1.9 2.7 2.7 3.1 3.1 7.9 3.8 3.9 2.8 4.1 2.7 2.7 3.0 3.3 1.9 0.6 4.6 2.2 5.1 2.7 2.2 5.9 3.8 3.2 1.5 3.1 4.3 2.6 3.5 2.9 4.2 3.6 2.2 3.2 3.5 2.4 2.9 3.0 1.9 3.1 2.6 3.5 4.2 3.5 4.0 3.8 2.7 3.6 1.9 4.6 2.4 3.2 3.9 2.7 2.7 2.8 4.0 2.2 2.3 3.4 5.8 December 2013 Local Area Personal Income 26 Table 1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2010-2012—Table Ends Per capita personal income ’ Personal income San Jose-Sunnyvale-Santa Clara, CA.................................... San Luis Obispo-Paso Robles-Arroyo Grande, CA................ Santa Cruz-Watsonville, CA..................................................... Santa Fe, NM............................................................................ Santa Maria-Santa Barbara, CA.............................................. Santa Rosa, CA........................................................................ Savannah, GA............................................................................ Scranton--Wilkes-Barre~Hazleton, PA.................................... Seattle-Tacoma-Bellevue, WA.................................................. Sebastian-Vero Beach, FL....................................................... Sebring, FL................................................................................ Sheboygan, Wl........................................................................... Sherman-Denison, TX.............................................................. Shreveport-Bossier City, LA..................................................... Sierra Vista-Douglas, AZ........................................................... Sioux City, IA-NE-SD................................................................ Sioux Falls, SD.......................................................................... South Bend-Mishawaka, IN-MI................................................ Spartanburg, SC....................................................................... Spokane-Spokane Valley, WA.................................................. Springfield, IL............................................................................. Springfield, MA.......................................................................... Springfield, MO......................................................................... Springfield, OH........................................................................... State College, PA...................................................................... Staunton-Waynesboro, VA....................................................... Stockton-Lodi, CA..................................................................... Sumter, SC................................................................................. Syracuse, NY............................................................................. Tallahassee, FL......................................................................... Tampa-St. Petersburg-Clearwater, FL..................................... Terre Haute, IN.......................................................................... Texarkana, TX-AR..................................................................... The Villages, FL........................................................................ Toledo, OH................................................................................. Topeka, KS................................................................................. Trenton, NJ................................................................................. Tucson, AZ................................................................................. Tulsa, OK.................................................................................... Tuscaloosa, AL.......................................................................... Tyler, TX..................................................................................... Urban Honolulu, HI................................................................... Utica-Rome, NY........................................................................ Valdosta, GA.............................................................................. Vallejo-Fairfield, CA................................................................... Victoria, TX................................................................................ Vineland-Bridgeton, NJ............................................................. Virginia Beach-Norfolk-Newport News, VA-NC...................... Visalia-Porterville, CA............................................................... Waco, TX.................................................................................... Walla Walla, WA........................................................................ Warner Robins, GA................................................................... Washington-Arlington-Alexandria, DC-VA-MD-WV................ Waterloo-Cedar Falls, IA.......................................................... Watertown-Fort Drum, NY....................................................... Wausau, Wl................................................................................ Weirton-Steubenville, WV-OH.................................................. Wenatchee, WA........................................................................ Wheeling, WV-OH..................................................................... Wichita, KS................................................................................ Wichita Falls, TX....................................................................... Williamsport, PA........................................................................ Wilmington, NC......................................................................... Winchester, VA-WV................................................................... Winston-Salem, NC.................................................................. Worcester, MA-CT..................................................................... Yakima, WA................................................................................ York-Hanover, PA...................................................................... Youngstown-Warren-Boardman, OH-PA................................. Yuba City, CA............................................................................. Yuma, AZ................................................................................... Percent change from preceding period 2 Millions of dollars Area 2010 2011 2012 104,354 10,663 12,362 5,967 18,510 21,080 13,283 20,688 168,522 6,688 2,926 4,563 3,856 16,730 4,683 6,299 10,002 11,017 9,658 18,255 8,220 24,335 13,930 4,651 5,803 3,936 21,215 3,209 25,415 12,938 106,705 5,296 4,870 2,833 21,100 8,544 19,134 33,767 37,127 7,652 7,861 43,244 10,709 4,193 15,908 3,619 5,432 69,002 12,781 8,300 2,234 6,072 329,870 6,204 5,102 4,937 3,719 3,817 4,738 23,419 5,442 3,954 8,832 4,367 22,321 39,908 7,808 16,250 18,115 5,300 5,272 115,499 11,503 13,285 6,261 19,690 22,357 14,343 21,535 179,262 7,091 2,991 4,927 4,075 17,884 4,838 6,802 10,769 11,582 10,084 18,987 8,658 25,529 14,407 4,906 6,135 4,152 22,369 3,405 26,678 13,681 111,325 5,526 5,079 3,319 22,397 9,185 19,567 34,932 41,077 7,876 8,554 45,663 11,104 4,502 16,560 3,945 5,590 72,627 13,898 8,584 2,373 6,453 351,085 6,659 5,348 5,119 3,932 4,041 5,054 25,358 5,886 4,298 9,322 4,641 23,241 41,926 8,311 17,188 19,308 5,606 5,487 124,422 12,008 13,990 6,455 20,641 23,548 14,730 22,039 189,431 7,430 3,049 5,150 4,226 18,439 4,838 7,008 11,164 12,083 10,392 19,650 8,820 26,466 15,092 5,018 6,345 4,344 23,203 3,563 27,610 14,032 116,166 5,774 5,212 3,560 22,944 9,413 20,519 36,059 43,167 8,138 8,889 47,382 11,311 4,673 17,821 4,226 5,767 75,342 14,150 8,883 2,388 6,613 361,836 6,976 5,328 5,308 4,050 4,190 5,290 26,177 6,090 4,480 9,619 4,838 24,370 43,326 8,567 17,568 19,682 5,838 5,400 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 estimates. It differs from the estimate of personal income in the national income and product accounts because of differ ences in coverage, in the methodologies used to prepare the estimates, and in the timing of the availability of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2011 10.7 7.9 7.5 4.9 6.4 6.1 8.0 4.1 6.4 6.0 2.2 8.0 5.7 6.9 3.3 8.0 7.7 5.1 4.4 4.0 5.3 4.9 3.4 5.5 5.7 5.5 5.4 6.1 5.0 5.7 4.3 4.3 4.3 17.1 6.1 7.5 2.3 3.5 10.6 2.9 8.8 5.6 3.7 7.4 4.1 9.0 2.9 5.3 8.7 3.4 6.2 6.3 6.4 7.3 4.8 3.7 5.7 5.9 6.7 8.3 8.2 8.7 5.5 6.3 4.1 5.1 6.4 5.8 6.6 5.8 4.1 2012 7.7 4.4 5.3 3.1 4.8 5.3 2.7 2.3 5.7 4.8 1.9 4.5 3.7 3.1 0.0 3.0 3.7 4.3 3.1 3.5 1.9 3.7 4.7 2.3 3.4 4.6 3.7 4.6 3.5 2.6 4.3 4.5 2.6 7.3 2.4 2.5 4.9 3.2 5.1 3.3 3.9 3.8 1.9 3.8 7.6 7.1 3.2 3.7 1.8 3.5 0.6 2.5 3.1 4.8 -0.4 3.7 3.0 3.7 4.7 3.2 3.5 4.3 3.2 4.2 4.9 3.3 3.1 2.2 1.9 4.2 -1.6 Rank in United States Dollars 2010 56,649 39,498 46,925 41,312 43,615 43,482 38,079 36,707 48,862 48,378 29,640 39,533 31,852 37,922 35,579 37,309 43,643 34,535 30,803 34,533 39,038 39,050 31,840 33,650 37,633 33,250 30,857 29,845 38,337 35,026 38,261 30,726 32,611 30,052 34,607 36,470 52,124 34,389 39,499 33,218 37,363 45,211 35,776 29,932 38,417 38,485 34,589 41,063 28,838 32,707 35,454 33,649 58,223 36,946 43,769 36,820 29,933 34,306 32,041 37,057 35,939 34,037 34,544 33,927 34,805 43,436 31,965 37,307 32,072 31,691 26,792 2011 61,831 42,394 50,138 43,086 46,210 45,805 40,306 38,188 51,250 51,041 30,434 42,748 33,595 40,199 36,437 40,261 46,329 36,279 32,025 35,831 40,901 40,823 32,721 35,609 39,651 34,918 32,157 31,725 40,273 36,874 39,387 32,021 33,949 33,782 36,758 39,130 53,271 35,371 43,450 34,012 40,185 47,252 37,166 31,636 39,719 41,666 35,560 43,051 31,027 33,576 37,371 35,139 60,834 39,587 45,260 38,048 31,881 36,069 34,349 40,039 39,217 36,833 35,933 35,725 36,067 45,473 33,763 39,329 34,374 33,467 27,385 2012 65,679 43,698 52,442 44,098 47,862 47,879 40,697 39,101 53,328 52,855 31,076 44,779 34,655 41,234 36,625 41,485 47,057 37,929 32,784 36,918 41,606 42,298 33,943 36,572 40,894 36,597 33,024 32,973 41,774 37,382 40,862 33,473 34,819 35,032 37,693 40,132 55,714 36,335 45,350 34,870 41,379 48,529 37,949 32,372 42,354 43,735 36,551 44,321 31,307 34,657 37,674 35,654 61,743 41,339 44,301 39,399 33,052 37,067 36,131 41,152 40,379 38,239 36,514 36,955 37,625 46,902 34,686 40,124 35,260 34,763 26,995 2012 4 84 18 76 36 35 144 176 16 17 363 63 299 132 235 126 41 196 339 225 122 109 312 238 137 236 331 333 119 209 138 319 291 285 203 156 11 245 59 288 128 32 195 348 106 83 240 71 361 297 204 270 5 129 72 171 329 219 251 133 152 190 242 223 205 44 295 157 282 292 378 Percent change from preceding period 2011 9.1 7.3 6.8 4.3 5.9 5.3 5.8 4.0 4.9 5.5 2.7 8.1 5.5 6.0 2.4 7.9 6.2 5.0 4.0 3.8 4.8 4.5 2.8 5.8 5.4 5.0 4.2 6.3 5.0 5.3 2.9 4.2 4.1 12.4 6.2 7.3 2.2 2.9 10.0 2.4 7.6 4.5 3.9 5.7 3.4 8.3 2.8 4.8 7.6 2.7 5.4 4.4 4.5 7.1 3.4 3.3 6.5 5.1 7.2 8.0 9.1 8.2 4.0 5.3 3.6 4.7 5.6 5.4 7.2 5.6 2.2 2012 6.2 3.1 4.6 2.3 3.6 4.5 1.0 2.4 4.1 3.6 2.1 4.8 3.2 2.6 0.5 3.0 1.6 4.5 2.4 3.0 1.7 3.6 3.7 2.7 3.1 4.8 2.7 3.9 3.7 1.4 3.7 4.5 2.6 3.7 2.5 2.6 4.6 2.7 4.4 2.5 3.0 2.7 2.1 2.3 6.6 5.0 2.8 2.9 0.9 3.2 0.8 1.5 1.5 4.4 -2.1 3.6 3.7 2.8 5.2 2.8 3.0 3.8 1.6 3.4 4.3 3.1 2.7 2.0 2.6 3.9 -1.4 source data. 4. The metropolitan area definitions used by BEA for its personal income estimates are the county-based definitions issued by the Office of Management and Budget as of February 2013, for federal statistical purposes. December 2013 27 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Per capita personal income1 Personal income Rank in state Dollars Millions of dollars Area 2010 2011 2012 United States2................ 12,423,332 13,179,561 13,729,063 40,163 42,298 43,735 Metropolitan portion.............. 10,942,694 11,604,721 12,095,331 41,603 43,743 45,188 2010 2011 2012 Nonmetropolitan portion...... 1,480,638 1,574,840 1,633,732 31,981 34,018 35,324 Alabama........................... 167,787 133,418 173,236 137,647 33,905 34,929 35,926 Metropolitan portion.............. 162,228 128,284 35,493 36,691 37,626 Nonmetropolitan portion...... Autauga...................................... Baldwin....................................... Barbour....................................... Bibb............................................. Blount.......................................... Bullock......................................... Butler........................................... Calhoun...................................... Chambers................................... Cherokee.................................... Chilton........................................ Choctaw...................................... Clarke .......................................... Clay............................................. Cleburne..................................... Coffee.......................................... Colbert......................................... Conecuh..................................... Coosa......................................... Covington................................... Crenshaw................................... Cullman...................................... Dale............................................. Dallas.......................................... DeKalb........................................ Elmore........................................ Escambia.................................... Etowah........................................ Fayette........................................ Franklin....................................... Geneva....................................... Greene....................................... Hale............................................. Henry........................................... Houston...................................... Jackson ....................................... Jefferson..................................... Lamar.......................................... Lauderdale................................. Lawrence.................................... Lee.............................................. Limestone................................... Lowndes..................................... Macon.......................................... Madison...................................... Marengo..................................... Marion......................................... Marshall....................................... Mobile.......................................... Monroe....................................... Montgomery............................... Morgan....................................... Perry............................................ Pickens....................................... Pike.............................................. Randolph.................................... Russell........................................ St. Clair....................................... Shelby......................................... Sumter........................................ Talladega.................................... Tallapoosa.................................. Tuscaloosa.................................. Walker........................................ Washington................................. Wilcox.......................................... Winston...................................... 33,944 1,774 6,683 719 531 1,538 244 591 3,762 935 696 1,221 404 769 378 434 1,813 1,708 368 271 1,116 433 2,466 1,533 1,204 1,897 2,721 1,043 3,267 467 838 797 270 442 531 3,625 1,604 27,315 387 2,902 984 4,045 2,784 359 596 13,820 671 799 2,861 12,947 642 8,749 3,866 292 548 1,112 612 1,607 2,588 8,355 348 2,470 1,274 6,663 2,150 483 288 617 34,369 1,853 7,121 738 543 1,581 243 594 3,817 971 706 1,278 406 764 366 449 1,856 1,747 370 266 1,121 428 2,478 1,558 1,238 1,849 2,808 1,102 3,322 475 853 800 273 449 551 3,742 1,621 28,503 398 2,994 1,002 4,258 3,008 366 608 14,415 683 807 2,896 13,460 635 8,997 3,958 300 555 1,142 598 1,700 2,736 8,795 342 2,540 1,295 6,871 2,188 482 294 626 35,589 1,890 7,355 755 565 1,665 247 609 3,857 1,008 729 1,329 426 782 380 460 1,931 1,801 384 274 1,176 450 2,603 1,609 1,259 1,925 2,875 1,134 3,415 495 882 839 282 462 582 3,866 1,705 29,621 417 3,086 1,051 4,452 3,129 381 621 14,787 705 838 2,973 13,565 649 9,150 4,059 302 580 1,159 622 1,800 2,867 9,250 355 2,650 1,343 7,096 2,270 495 303 652 29,001 32,479 36^464 26,279 23,229 26,809 22,385 28,225 31,768 27,397 26,795 27,947 29,165 29,843 27,232 28,985 36,158 31,355 27,865 23,446 29,552 31,253 30,647 30,448 27,499 26,673 34,212 27,251 31,280 27,095 26,423 29,717 30,053 28,121 30,706 35,617 30,181 41,488 26,702 31,303 28,683 28,734 33,461 31,875 27,690 41,111 32,057 25,936 30,702 31,332 27,951 38,081 32,327 27,765 27,821 33,740 26,726 30,184 30,874 42,656 25,295 30,115 30,700 34,174 32,088 27,453 24,872 25,297 29,440 33,447 38J15 27,025 23,866 27,380 22,951 28,815 32,401 28,569 27,063 29,160 29,779 29,840 26,770 30,026 36,763 32,108 28,243 23,931 29,438 30,663 30,785 31,069 28.672 25,878 35,034 28,887 31,851 27,873 26,822 29,854 30,591 29,234 31,606 36,533 30,445 43,255 27,801 32,307 29,397 29,653 35,167 32,908 28,684 42,437 32,975 26,426 30,772 32,580 27,880 38,795 32,977 28,517 28,672 34,724 26,167 30,894 32,439 44,390 25,233 31,064 31,209 34,911 32,817 27,803 25,551 25,768 30,581 34,043 38,548 27,771 25,001 28,799 23,611 29,988 32,883 29,592 28,019 30,335 31,247 31,079 28,299 30,984 37,686 33,083 29,563 24,975 30,975 31,937 32,363 31,897 29,383 27,077 35,656 29,842 32J17 29,147 27,756 31,167 31,806 30,028 33,640 37,391 32,157 44,880 29,241 33,347 31,048 30,236 35,698 35,050 30,229 43,102 34,578 27,643 31,369 32,772 28,721 39,759 33,711 29,625 29,904 34,932 27,411 31,123 33,640 46,033 26,472 32,410 32,632 35,730 34,286 28,940 26,474 27,026 32,650 22^687 34,827 24’l64 36,160 45,725 48,114 25,109 47J 23 49,585 50,950 9,962 85 167 14,810 583 51 111 199 4,125 172 78 10,664 95 186 15,588 623 54 122 215 4,453 202 88 11,051 96 197 16,295 631 54 128 218 4,556 210 91 42,830 26,999 30,194 50,479 34,130 51,046 60,413 40,835 41,980 68,765 36,429 45,082 29,760 33,759 52,643 35,663 52,295 65,990 43,163 44,851 78,941 41,498 46,308 30,265 35,525 54,570 35,543 54,474 68,449 43,268 45,432 82,323 42,872 Alaska................................ Metropolitan portion.............. Nonmetropolitan portion....... Aleutians East Borough............ Aleutians West Census Area.... Anchorage Municipality............ Bethel Census Area................. Bristol Bay Borough................... Denali Borough.......................... Dillingham Census Area........... Fairbanks North Star Borough Haines Borough......................... Hoonah-Angoon Census Area See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Personal income 49,436 28 26 6 25 7 3 20 16 1 21 Rank in state Dollars Millions of dollars Area 2010 2011 2012 Juneau City and Borough............. Kenai Peninsula Borough.............. Ketchikan Gateway Borough......... Kodiak Island Borough................... Lake and Peninsula Borough........ Matanuska-Susitna Borough........ Nome Census Area....................... North Slope Borough..................... Northwest Arctic Borough............. Petersburg Census Area............... Prince of Wales-Hyder Census Area............................................. Sitka City and Borough.................. Skagway Borough.......................... Southeast Fairbanks Census Area Valdez-Cordova Census Area....... Wade Hampton Census Area...... Wrangell City and Borough........... Yakutat City and Borough............. Yukon-Koyukuk Census Area........ 1,600 2,309 707 601 63 3,752 367 492 290 183 1,723 2,485 745 640 71 4,123 393 477 305 184 1,796 2,591 778 668 74 4,258 403 491 321 192 50,929 41,531 52,209 44,113 38,674 41,787 38,417 51,959 38,506 47,886 53,428 44,040 54,462 46,030 42,496 44,848 39,723 50,012 39,483 47,884 55,167 45,541 56,477 46,907 44,915 45,333 40,679 50,918 41,145 49,907 5 15 4 13 18 17 23 8 22 10 179 399 56 316 447 180 85 27 213 189 438 62 337 465 196 92 31 246 193 458 66 328 484 198 95 32 259 32,015 44.845 58,322 44,775 46,200 24,166 35,759 41,118 38,207 32,767 49,192 66,400 47,328 47,772 25,600 38,718 46,551 42,746 33,542 50,583 68,730 45,849 49,767 25,367 39,359 47,710 44,866 27 9 2 14 11 29 24 12 19 2012 15 5 57 65 53 67 43 21 47 56 39 32 35 55 37 6 20 48 66 38 28 26 29 49 61 10 45 23 51 58 33 30 42 17 7 27 2 50 19 36 40 9 11 41 3 13 59 31 22 54 4 16 46 44 12 60 34 17 1 64 25 24 8 14 52 63 62 Per capita personal income1 2010 2011 2012 Arizona................................... 217,759 229,238 237,513 33,967 35,446 36,243 Metropolitan portion.................... 208,624 219,749 227,836 34,398 35,903 36,712 Nonmetropolitan portion............ Apache............................................. Cochise............................................ Coconino.......................................... Gila.................................................. Graham............................................ Greenlee.......................................... La Paz.............................................. Maricopa.......................................... Mohave............................................ Navajo.............................................. Pima................................................. Pinal................................................. Santa Cruz...................................... Yavapai............................................. Yuma................................................ 9,134 1,854 4,683 4,524 1,672 922 251 558 140,108 5,210 2,710 33,767 8,836 1,167 6,224 5,272 9,489 1,887 4,838 4,617 1,725 948 271 624 148,594 5,373 2,781 34,932 9,460 1,252 6,449 5,487 9,676 1,882 4,838 4,736 1,764 969 287 626 154,927 5,535 2,827 36,059 9,620 1,323 6,723 5,400 26,410 25,869 35,579 33,607 31,225 25,028 30,064 27,248 36,643 26,002 25.188 34,389 22,902 24,627 29,602 26,792 27,369 26,095 36,437 34,430 32,249 25,528 31,433 30,483 38,411 26,524 25,947 35,371 24,663 26,379 30,543 27,385 27,866 25,711 36,625 34,820 33,196 25,887 32,556 30,847 39,300 27,220 26,393 36,335 24,834 27,964 31,617 26,995 Arkansas................................ 93,683 100,005 104,508 32,053 34,032 35,437 Metropolitan portion.................... 60,547 65,031 68,075 34,438 36,609 38,005 Nonmetropolitan portion............ Arkansas......................................... Ashley.............................................. Baxter.............................................. Benton............................................. Boone .............................................. Bradley............................................. Calhoun........................................... Carroll.............................................. Chicot............................................... Clark ................................................ Clay.................................................. Cleburne.......................................... Cleveland........................................ Columbia.......................................... Conway............................................ Craighead....................................... Crawford.......................................... Crittenden....................................... Cross............................................... Dallas............................................... Desha.............................................. Drew................................................. Faulkner........................................... Franklin............................................ Fulton............................................... Garland............................................ Grant................................................ Greene............................................. Hempstead..................................... Hot Spring....................................... Howard............................................. Independence................................. Izard................................................. Jackson............................................ Jefferson.......................................... Johnson........................................... Lafayette......................................... Lawrence........................................ Lee................................................... Lincoln............................................. Little River....................................... Logan............................................... Lonoke............................................. Madison........................................... Marion.............................................. 33,136 718 695 1,281 7,727 1,076 330 146 705 351 658 466 861 274 773 664 3,001 1,645 1,527 527 238 397 551 3,616 537 316 3,191 565 1,177 607 858 356 1,090 343 516 2,339 614 196 455 286 355 372 584 2,160 355 424 34,974 763 739 1,366 8,407 1,134 338 151 746 376 685 479 911 277 829 699 3,273 1,722 1,589 565 239 422 586 3,869 550 335 3,418 570 1,252 650 914 372 1,163 353 542 2,425 632 207 463 314 363 380 596 2,310 354 442 36,433 801 756 1,421 9,025 1,185 352 153 776 409 717 522 942 293 852 727 3,428 1,789 1,643 596 243 455 614 4,092 574 348 3,566 591 1,354 675 952 381 1,193 372 581 2,507 661 219 495 311 394 393 624 2,412 367 459 28,452 37,793 31,872 30,842 34,666 29,141 28,716 27,361 25,599 29,772 28,666 29,007 33,094 31,512 31,213 31,260 31,028 26,530 29,978 29,528 29,538 30,596 29,550 31,671 29,617 25,849 33,157 31,601 27,889 26,857 25,893 25,739 29,608 25,069 28,598 30,225 23,997 25,678 25,977 27,515 25,236 28,323 26,140 31,458 22,596 25,452 30,093 40,459 34,146 33,096 36,949 30,569 29,480 28,519 27,158 32,170 29,793 30,180 35,103 31,925 33,560 33,004 33,288 27,830 31,479 31,839 29,595 33,169 31,322 33,217 30,537 27,190 35,369 31,810 29,295 28,830 27,692 26,888 31,517 26,039 30,327 31,913 24,600 27,393 26,850 30,454 25,340 29,305 26,688 33,327 22,508 26,605 31,464 42,411 35,135 34,614 38,856 31,747 30,865 28,924 28,115 35,812 31,252 33,308 36,510 33,966 34,807 34,140 34,372 28,880 32,838 33,687 30,443 36,242 32,766 34,472 31,837 28,213 36,796 32,871 31,362 30,181 28,511 27,755 32,214 27,605 33,022 33,552 25,520 29,404 29,085 30,484 27,933 30,431 28,371 34,539 23,475 27,723 2012 14 2 4 5 13 6 8 1 10 12 3 15 9 7 11 3 12 15 6 37 43 53 59 10 41 29 8 23 14 20 18 54 32 27 46 9 33 17 36 58 7 31 39 48 56 62 34 65 30 28 71 50 52 45 60 47 57 16 75 63 Local Area Personal Income 28 December 2013 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Per capita personal income1 Personal income Area Millions of dollars 2010 2011 2012 1,483 1,541 268 236 275 224 803 353 664 323 822 532 1,878 300 17,843 526 739 4,608 267 218 5,094 408 457 331 1,899 533 7,371 2,438 241 609 31,246 29,548 28,937 23,253 27,983 24,654 29,587 31,166 28,613 26,634 29,165 23,784 28,156 30,043 41,854 26,965 24,578 37,283 22,482 24,475 35,212 22,858 25,038 24,500 39,235 27,306 31,955 28,848 27,385 25,810 33,033 32,605 32,316 24,229 29,326 25,975 30,982 32,880 30,009 28,121 31,081 24,342 29,375 31,659 44,461 27,748 26,029 39,946 23,048 25,864 38,513 22,763 25,734 25,656 43,771 30,310 33,904 29,860 30,361 27,014 33,997 33,822 34,205 25,239 30,825 27,722 31,614 34,100 31,969 28,755 33,832 26,007 29,929 35,445 45,875 29,309 26,518 41,203 24,275 27,261 40,017 23,774 26,805 26,159 46,473 31,285 34,865 31,059 33,897 27,788 1,579,148 1,683,204 1,768,039 2010 Miller............................................ Mississippi.................................. Monroe....................................... Montgomery............................... Nevada....................................... Newton....................................... Ouachita..................................... Perry............................................ Phillips......................................... Pike.............................................. Poinsett....................................... Polk.............................................. Pope............................................ Prairie.......................................... Pulaski......................................... Randolph.................................... St. Francis................................... Saline........................................... Scott............................................ Searcy......................................... Sebastian.................................... Sevier.......................................... Sharp........................................... Stone........................................... Union........................................... Van Buren................................... Washington................................. White........................................... Woodruff..................................... \fell............................................... California.......................... Rank in state Dollars 2011 1,445 1,502 260 227 264 215 797 341 642 316 760 501 1,838 271 17,199 500 728 4,395 259 209 4.889 391 444 323 1,811 519 7,045 2,332 219 594 1,360 1,371 235 220 251 206 773 326 620 300 716 492 1,748 261 16,052 485 693 4,014 253 200 4,431 392 433 304 1,631 472 6,521 2,230 198 572 2012 42,297 44,666 46,477 Metropolitan portion............... 1,549,891 1,652,261 1,736,041 42,475 44,847 46,662 Nonmetropolitan portion....... Alameda...................................... Alpine........................................... Amador........................................ Butte............................................ Calaveras.................................... Colusa......................................... Contra Costa.............................. Del Norte.................................... El Dorado.................................... Fresno.......................................... Glenn........................................... Humboldt.................................... Imperial........................................ Inyo.............................................. Kern............................................. Kings............................................ Lake............................................. Lassen......................................... Los Angeles................................ Madera........................................ Marin........................................... Mariposa..................................... Mendocino.................................. Merced......................................... Modoc.......................................... Mono............................................ Monterey..................................... Napa............................................ Nevada........................................ Orange......................................... Placer.......................................... Plumas......................................... Riverside..................................... Sacramento................................ San Benito.................................. San Bernardino......................... San Diego................................... San Francisco............................. San Joaquin................................ San Luis Obispo........................ San Mateo.................................. Santa Barbara............................ Santa Clara................................. Santa Cruz................................. Shasta......................................... Sierra........................................... Siskiyou....................................... Solano......................................... Sonoma....................................... Stanislaus................................... Sutter........................................... Tehama........................................ Trinity........................................... Tulare........................................... Tuolumne.................................... Ventura........................................ 29,258 72,871 49 1,346 7,201 1,583 934 58,388 790 8,993 29,246 952 4,418 4,938 709 25,742 4,245 2,104 1,008 403,962 4,153 20,749 622 3,075 7,117 329 581 16,958 6,687 4,243 147,195 16,725 777 65,108 55,177 1,921 61,147 141,014 55,228 21,215 10,663 47,787 18,510 102,433 12,362 6,218 113 1,472 15,908 21,080 16,233 3,139 1,723 418 12,781 2,013 37,012 7 623 2J61 30,943 78,550 61 1,411 7,591 1,688 1,002 62,981 824 9,597 31,174 1,063 4,661 5,358 770 27,836 4,827 2,206 1,061 424,763 4,531 22,741 649 3,209 7,798 356 617 17,668 7,082 4,493 154,768 17,932 801 69,522 57,996 2,037 64,250 150,841 60,600 22,369 11,503 51,932 19,690 113,462 13,285 6,499 116 1,563 16,560 22,357 17,095 3,323 1,833 442 13,898 2,115 39,295 8 268 2>83 31,998 85,017 63 1,457 7,908 1,762 981 66,544 849 9,847 32,298 1,080 4,811 5,467 795 29,497 4,819 2,286 1,096 443,088 4,745 23,919 676 3,352 8,034 360 610 18,365 7,621 4,711 161,744 19,004 836 72,015 60,669 2,163 66,752 157,961 66,081 23,203 12,008 55,139 20,641 122,259 13,990 6J14 121 1,611 17,821 23,548 17,811 3,444 1,908 460 14,150 2,174 40,827 8 534 2^395 34,614 48,144 42,372 35,590 32,736 34,798 43,542 55,455 27,648 49,648 31,357 33,896 32,715 28,271 38,261 30,584 27,874 32,500 28,947 41,113 27,471 82,021 34,071 35,030 27,706 33,898 40,694 40,732 48,875 42,947 48,769 47,758 38,968 29,563 38,794 34,558 29,950 45,431 68,555 30,857 39,498 66,362 43,615 57,336 46,925 35,063 35,024 32,729 38,417 43,482 31,500 33,084 27,067 30,309 28,838 36,484 44,842 37,903 29^863 36,756 51,286 54,727 37,653 34,477 37,389 46,814 59,053 28,889 53,051 33,132 37,734 34,443 30,459 41,640 32,769 31,771 34,334 30,959 42,953 29,790 89,009 35,702 36,677 29,995 37,457 42,811 41,906 51,325 45,509 50,642 50,215 40,650 31,074 40,380 36,273 31,121 48,066 74,425 32,157 42,394 71,232 46,210 62,623 50,138 36,507 37,291 34,989 39,719 45,805 33,005 34,995 28,920 32,173 31,027 38,677 47,279 40,892 3<468 38,255 54,683 56,182 39,351 35,696 39,372 45,800 61,638 30,016 54,533 34,074 38,568 35,681 30,894 42,987 34,453 31,835 35,721 32,550 44,474 31,169 93,407 37,751 38,337 30,630 38,632 42,531 43,034 54,807 47,924 52,342 52,544 43,085 31,742 41,837 38,030 32,072 49,719 80,014 33,024 43,698 74,582 47,862 66,535 52,442 37'593 Yuba............................................. See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 39,104 36,487 42,354 47,879 34,138 36,243 30,094 34,027 31,307 40,262 48,837 41,811 32^835 Per capita personal income' Personal income 2010 2011 2012 Colorado........................... 210,608 226,032 237,461 41,717 44,179 45,775 Metropolitan portion............... 186,062 199,892 210,341 42,664 45,123 46,724 Nonmetropolitan portion........ Adams.......................................... Alamosa...................................... Arapahoe..................................... Archuleta..................................... B3C3....................... ......... .......... . Bent.............................................. Boulder......................................... Broomfield................................... ChdffetJ........................................ Cheyenne.................................... Clear Creek................................ Conejos........................................ Costilla....................... ................. Crowley........................................ Custer.......................................... Delta............................................. Denver.......................................... Dolores........................................ Douglas........................................ Eagle............................................ Elbert............................................ El Paso........................................ Fremont........................................ Garfield......................................... Gilpin............................................ Grand........................................... Gunnison..................................... Hinsdale...................................... Huerfano....................................... Jackson ..••••..••••• Jefferson u a.................... Connecticut...................... 24,546 14,158 506 26,647 362 159 147 14,558 2,232 556 105 483 192 93 93 136 898 30,478 54 18,691 2,339 976 24,123 1,267 2,033 226 532 508 32 196 54 23,554 68 315 209 2,164 11,429 474 165 748 4,882 30 521 820 1,227 862 566 176 543 160 1,214 401 4,852 264 412 1,095 156 20 329 109 1,201 959 176 7,270 402 26,140 15,044 552 28,875 392 185 154 15,487 2,494 592 107 506 207 104 100 150 975 33,812 58 20,836 2,427 1,088 25,471 1,320 2,155 231 565 528 34 203 62 24,191 74 338 221 2,276 12,201 483 176 812 5,115 36 594 864 1,244 961 591 184 557 188 1,314 435 5,140 282 436 1,185 175 23 332 122 1,248 989 197 7,854 478 27,120 15,946 562 30,470 412 165 153 16,418 2,702 623 100 547 211 106 105 155 1,002 35,721 59 21,924 2,515 1,140 26,374 1,358 2,239 244 587 554 35 212 62 25,460 72 340 247 2,383 12,827 502 183 870 5,282 38 605 903 1,287 989 608 196 583 183 1,382 449 5,343 281 441 1,256 184 24 343 128 1,296 1,015 200 8,348 513 35,711 31,926 31,782 46,350 29,975 42,051 22,666 49,130 39,785 31,250 57,082 53,141 23,142 26,496 15,924 31,712 29,077 50,502 26,247 65,138 44,913 42,287 38,493 27,032 36,224 41,321 36,030 32,994 38,281 29,471 38,913 44,003 49,131 38,141 28,703 42,032 38,041 30,751 30,238 32,830 33,330 42,838 37,742 32,123 29,794 30,614 29,967 39,530 33,373 35,817 70,734 31,960 30,410 39,794 34,278 46,662 25,511 28,901 44,712 46,013 42,835 40,884 36,560 28,615 40,124 38,085 33,336 34,268 49,299 32,714 48,491 24,420 51,554 43,613 32,857 57,192 55,996 24,886 28,612 17,264 35,400 32,099 54,599 28,459 71,267 46,910 46,837 40,019 27,888 38,455 42,357 38,855 34,191 40,742 31,252 44,844 44,893 50,997 41,435 29,957 43,834 39,992 32,143 32,486 35,728 34,681 50,474 44,297 33,973 30,436 33,655 31,280 41,565 34,664 42,970 76,766 34,817 32,055 41,190 36,538 50,884 28,286 32,280 44,347 51,389 44,800 42,435 40,829 30,400 47,088 39,544 34,695 34,814 51,163 34,128 44,041 26,459 53,772 46,346 34,301 53,441 60,556 25,495 29,569 19,556 36,486 32,916 56,319 29,440 73,516 48,485 48,747 40,893 29,033 39,305 44,375 41,376 35,786 43,580 32,177 46,127 46,684 50,151 42,066 33,707 45,476 41,311 33,578 33,566 38,427 35,726 54,271 45,804 35,503 31,613 34,752 32,517 43,267 36,401 41,817 80,066 36,259 33,218 40,976 36,926 53,834 29,187 34,672 45,257 53,644 46,220 43,379 42,006 31,657 50,706 197,839 207,162 214,297 55,315 57,758 59,687 Metropolitan portion............... 188,217 197,213 203,983 55,572 58,042 59,945 Nonmetropolitan portion........ Fairfield........................................ Hartford........................................ Litchfield...................................... Middlesex.................................... New Haven.................................. Windham..................................... 9,623 68,169 45,966 9,623 8,751 40,958 12,832 6,978 4,561 9,948 73,370 47,352 9,948 8,989 42,362 13,204 7,256 4,680 10,314 75,704 49,302 10,314 9,206 44,028 13,563 7,402 4,779 50,715 74,193 51,391 50,715 52,833 47,476 46,816 45,687 38,514 52,658 79,099 52,833 52,658 54,027 49,098 48,176 47,583 39,594 54,999 81,068 54,947 54,999 55,591 51,028 49,468 48,847 40,637 Delaware........................... 36,958 38,873 40,558 41,072 42,805 44,224 Metropolitan portion............... Kent.............................................. New Castle.................................. Sussex.......................................... 36,958 5,579 24,345 7,034 38,873 5,799 25,731 7,343 40,558 6,061 26,837 7,660 41,072 34,235 45,170 35,541 42,805 35,077 47,435 36,646 44,224 36,155 49,144 37,664 2012 22 26 19 72 44 64 38 21 35 55 25 70 49 11 2 51 68 4 73 66 5 74 67 69 1 40 13 42 24 61 8 6 30 41 29 18 5 58 9 45 33 42 55 23 43 51 40 49 19 54 1 36 34 56 32 24 22 7 15 12 10 21 52 26 35 50 13 2 47 20 3 17 4 11 37 31 38 25 16 44 39 57 46 53 28 14 27 48 Rank in state Dollars Millions of dollars Area La Plata....................................... Larimer......................................... Las Animas................................. Mineral........................................ Moffat Montezuma................................. Park^ Pitkin Rio Blanco................................... San Miguel.................................. Sedgwick..................................... Teller............................................. Washington................................. Welrl District of Columbia........ 2010 2011 2012 42,209 46,104 47,281 69,769 74,480 74,773 725,436 761,303 792,255 38,493 39,896 41,012 Metropolitan portion............... 704,900 740,253 770,689 38,861 40,281 41,404 Nonmetropolitan portion....... Alachua........................................ Baker............................................ 20,536 8,866 693 21,051 9,283 708 21,566 9,653 728 29,056 35,826 25,616 29,858 37,220 26,160 30,639 38,393 26,894 2012 45 43 10 48 23 62 7 16 47 9 3 63 58 64 37 53 4 59 2 14 13 33 61 34 22 30 40 24 55 18 15 12 27 49 20 31 50 51 35 41 5 19 42 57 44 54 26 38 29 1 39 52 32 36 6 60 46 21 8 17 25 28 56 11 1 4 3 2 5 6 7 8 3 1 2 20 55 December 2013 29 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Personal income Area Bay.............................................. Bradford...................................... Brevard....................................... Broward...................................... Calhoun...................................... Charlotte..................................... Citrus........................................... Clay............................................. Collier.......................................... Columbia.................................... DeSoto........................................ Dixie............................................ Duval........................................... Escambia.................................... Flagler......................................... Franklin........................................ Gadsden..................................... Gilchrist...................................... Glades......................................... Gulf.............................................. Hamilton..................................... Hardee......................................... Hendry......................................... Hernando.................................... Highlands................................... Hillsborough............................... Holmes........................................ Indian River................................ Jackson ...................................... Jefferson..................................... Lafayette..................................... Lake............................................. Lee.............................................. Leon............................................ Levy............................................. Liberty......................................... Madison...................................... Manatee..................................... Marion........................................ Martin.......................................... Miami-Dade................................ Monroe........................................ Nassau........................................ Okaloosa.................................... Okeechobee............................... Orange........................................ Osceola...................................... Palm Beach................................ Pasco........................................... Pinellas....................................... Polk.............................................. Putnam........................................ St. Johns.................................... St. Lucie..................................... Santa Rosa................................. Sarasota..................................... Seminole.................................... Sumter......................................... Suwannee .................................. Taylor........................................... Union........................................... Volusia........................................ Wakulla....................................... Walton......................................... Washington................................. Per capita personal income ' Millions of dollars 2010 2011 6,280 826 20,373 72,713 326 5,488 4,504 6,429 18,289 1,893 850 340 33,529 10,558 3,145 323 1,300 519 291 403 286 687 1,097 5,252 2,926 47,452 509 6,688 1,417 432 168 9,712 25,256 10,308 1,087 205 463 12,862 10,704 7,403 91,805 4,061 3,267 7,821 1,002 39,940 7,048 67,859 14,402 39,598 19,851 2,050 9,389 8,278 5,385 19,486 16,954 2,833 1,151 594 300 16,155 898 1,845 609 6,457 858 21,241 75,315 332 5,766 4,619 6,673 19,321 1,983 891 351 34,685 11,045 3,359 329 1,351 535 309 413 301 717 1,119 5,357 2,991 49,228 522 7,091 1,445 433 172 10,013 26,624 10,976 1,114 204 478 13,780 11,472 7,612 97,816 4,079 3,399 8,087 1,039 42,292 7,420 72,054 15,063 41,677 21,118 2,082 9,929 8,708 5,689 20,544 17,413 3,319 1,186 620 304 16,444 921 2,011 618 Rank in state Dollars 2012 6,568 850 21,766 78,688 336 6,005 4,764 6,939 20,075 2,037 885 363 35,980 11,407 3,517 337 1,362 552 326 419 309 722 1,138 5,537 3,049 51,110 541 7,430 1,477 437 176 10,442 27,856 11,302 1,154 207 501 14,383 11,921 7,898 100,689 4,245 3,529 8,546 1,077 44,498 7,851 75,461 15,736 43,784 22,025 2,092 10,555 9,010 5,907 21,401 18,177 3,560 1,224 635 312 17,118 931 2,123 624 2010 2011 2012 37,091 28,914 37,452 41,481 22,241 34,321 31,874 33,585 56,681 27,983 24,356 20,720 38,725 35,412 32,741 28,008 27,217 30,572 22,522 25,506 19,492 25,197 28,121 30.354 29,640 38.457 25,578 48,378 28,574 29,346 19,022 32,612 40,697 37,338 26,704 24,641 24,071 39,757 32,298 50,537 36,654 55,479 44,442 43,273 25,056 34,766 26,129 51,251 30,939 43,211 32,902 27,597 49,092 29,694 35,203 51,270 40,063 30,052 27,209 26,317 19,389 32,660 29,130 33,354 24,614 38,021 30,127 39,023 42,194 22,458 36,161 33,026 34,704 58,991 29,429 25,762 21,444 39,800 36,868 34,526 28,585 28,596 31,542 23,516 26,325 20,710 26,844 28,908 30,954 30,434 38,782 26,275 51,041 29,440 29,767 19,500 33,398 42,153 39,441 27,662 24,762 25,038 42,105 34,505 51,675 38,128 55,119 45,847 44,126 26,260 36,116 26,729 53,871 32,284 45,428 34,630 28,125 50,651 30,979 36,500 53,815 40,822 33,782 27,300 27,356 19,979 33,268 29,767 36,066 25,096 38,209 31,426 39,770 43,351 22,826 36,964 34,184 35,706 60,391 29,966 25,506 22,483 40,905 37,682 35,753 28,796 29,278 32,846 24,888 26,653 21,022 26,237 30,397 31,927 31,076 40,000 27,300 52,855 30,170 30,663 19,972 34,442 43,169 39,827 28,825 25,059 26,480 43,077 35,570 53,071 38,860 56,745 47,286 44.960 27,291 37,013 27,316 55,628 33,452 47,523 35,746 28,556 52,205 31,742 37,264 55,422 42,191 35,032 28,027 27,906 20,480 34,445 30,208 36,865 25,048 37,449 Georgia............................. 333,633 356,836 371,488 34,343 36,366 Metropolitan portion.............. 285,835 306,312 318,531 36,010 38,116 39,110 Nonmetropolitan portion...... Appling....................................... Atkinson...................................... Bacon.......................................... Baker........................................... Baldwin........................................ Banks.......................................... Barrow......................................... Bartow......................................... Ben Hill........................................ Berrien......................................... Bibb............................................. Bleckley...................................... Brantley...................................... Brooks........................................ Bryan........................................... Bulloch........................................ Burke........................................... Butts............................................ Calhoun...................................... Camden...................................... Candler....................................... Carroll......................................... Catoosa...................................... 47,798 478 173 268 111 1,224 511 2,032 2,732 452 514 5,342 371 413 483 1,170 1,758 631 586 145 1,563 271 3,083 1,840 50,524 506 184 286 126 1,274 520 2,180 2,827 494 545 5,571 385 430 538 1,275 1,842 682 601 154 1,653 286 3,200 1,940 52,957 537 203 303 150 1,298 547 2,252 2,929 518 581 5,723 395 446 568 1,325 1,927 715 616 175 1,713 306 3,351 2,017 26,895 26,080 20,645 24,184 32,414 26,845 27,725 29,140 27,276 25,587 26,564 34,303 28,429 22,354 29,847 38,464 24,884 27,031 24,674 21,662 30,830 24,571 27,841 28,741 28,445 27,484 21,931 25,468 37,863 28,329 28,316 31,203 28,181 28,038 28,199 35,692 29,533 23,118 33,841 40,745 25,304 28,973 25,466 23,509 32,833 25,311 28,888 29,882 29,828 29,220 24,538 27,038 44,618 27,996 29,874 32,089 29,100 29,510 30,526 36,577 30,572 23,973 36,891 41,124 26,512 30,924 26,207 26,979 33,317 27,556 30,028 31,016 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income ' Personal income Area 2012 21 39 18 11 63 25 34 29 1 45 59 64 15 22 27 48 46 36 62 56 65 58 42 37 40 16 53 6 44 41 67 33 12 17 47 60 57 13 30 5 19 2 9 10 54 24 52 3 35 8 28 49 7 38 23 4 14 31 50 51 66 32 43 26 61 99 147 127 8 117 90 60 103 96 81 29 79 149 28 14 134 72 138 128 46 120 87 70 Charlton...................................... Chatham..................................... Chattahoochee.......................... Chattooga................................... Cherokee.................................... Clarke .......................................... Clay.............................................. Clayton........................................ Clinch........................................... Cobb............................................ Coffee.......................................... Colquitt....................................... Columbia.................................... Cook............................................ Coweta....................................... Crawford..................................... Crisp............................................ Dade............................................ Dawson....................................... Decatur....................................... DeKalb........................................ Dodge.......................................... Dooly........................................... Dougherty................................... Douglas...................................... Early............................................ Echols.......................................... Effingham................................... Elbert........................................... Emanuel..................................... Evans........................................... Fannin.......................................... Fayette........................................ Floyd............................................ Forsyth........................................ Franklin....................................... Fulton........................................... Gilmer......................................... Glascock..................................... Glynn........................................... Gordon......................................... Grady........................................... Greene........................................ Gwinnett..................................... Habersham................................. Hall.............................................. Hancock...................................... Haralson..................................... Harris.......................................... Hart.............................................. Heard.......................................... Henry........................................... Houston...................................... Irwin............................................. Jackson....................................... Jasper.......................................... Jeff Davis.................................... Jefferson..................................... Jenkins....................................... Johnson...................................... Jones........................................... Lamar.......................................... Lanier.......................................... Laurens....................................... Lee............................................... Liberty.......................................... Lincoln........................................ Long............................................. Lowndes..................................... Lumpkin...................................... McDuffie..................................... McIntosh..................................... Macon.......................................... Madison...................................... Marion.......................................... Meriwether.................................. Miller............................................ Mitchell....................................... Monroe....................................... Montgomery............................... Morgan....................................... Murray......................................... Muscogee................................... Newton....................................... Oconee....................................... Oglethorpe.................................. Paulding...................................... Peach........................................... Pickens....................................... Pierce .......................................... Pike.............................................. Millions of dollars Rank in state Dollars 2010 2011 2012 2010 2011 2012 235 10,420 484 598 7,514 2,945 93 6,684 163 30,347 1,025 1,209 5,165 416 4,111 378 590 432 700 777 26,726 500 288 2,623 3,800 358 94 1,694 556 577 301 648 4,617 3,103 6,845 611 48,733 761 66 2,815 1,416 675 631 25,784 1,144 5,490 184 798 1,419 654 312 5,945 4,956 258 1,783 404 361 433 198 197 951 481 247 1,417 1,126 1,877 226 304 3,368 802 651 314 305 823 218 585 190 603 1,013 231 617 984 7,150 2,458 1,712 451 4,905 815 1,021 522 524 250 11,266 471 607 8,118 3,075 95 7,036 178 32,033 1,076 1,280 5,631 436 4,462 417 650 450 737 850 28,798 529 306 2,777 4,020 378 103 1,801 566 602 303 685 4,947 3.204 7,660 626 53,234 773 71 3,025 1,503 743 706 27,683 1,186 5,908 199 826 1,551 674 321 6,386 5,267 286 1,874 403 376 458 210 206 1,004 498 265 1,474 1,225 1,942 230 325 3,597 857 678 327 326 840 234 620 209 649 1,105 238 673 1,011 7,692 2,601 1,851 462 5,357 866 1,061 548 562 257 11,556 505 622 8,502 3,196 101 7,290 179 33,326 1,129 1,351 5,940 461 4,619 429 679 470 775 890 29,806 542 358 2,834 4,136 422 101 1,849 592 629 316 722 5,097 3,292 8,194 687 56,258 822 75 3,135 1,598 783 737 28,766 1,233 6,080 200 854 1,611 722 328 6,587 5,413 327 1,956 413 401 475 232 212 1,017 515 277 1,501 1,263 1,971 232 340 3,726 879 688 331 355 880 249 641 236 718 1,126 245 701 1,037 8,014 2,674 1,919 502 5,514 878 1,116 575 579 18,290 39,172 43,454 22,998 34,906 25,086 29,365 25,724 23,934 44,001 23,963 26,463 41,328 24,094 32,139 30,007 25,253 26,007 31,387 27,915 38,592 23,013 19,389 27,680 28,651 32,623 23,349 32,312 27,639 25,499 27,368 27,335 43,119 32,195 38,711 27,641 52,621 26,891 21,651 35,242 25,650 26,945 39,449 31,894 26,555 30,504 19,494 27,705 44,143 25,944 26,336 28,958 35,205 26,821 29,340 29,041 23,930 25,595 23,826 19,725 33,192 26,331 24,475 29,271 39,603 29,900 28,333 20,728 30,688 26,472 29,782 22,004 20,795 29,197 24,903 26,790 30,938 25,624 38,355 25,418 34,482 24,867 37,537 24,548 51,823 30,262 34,349 29,354 34,662 27,733 29,244 18,693 41,436 39,807 23,568 37,239 25,937 30,027 26,809 26,342 45,934 25,024 27,942 43,928 25,608 34,473 33,023 27,441 27,140 33,176 30,703 41,292 24,695 21,074 29,337 30,181 35,281 24,886 34,209 28,441 26,650 27,677 29,157 46,080 33,322 41,985 28,529 56,061 27,348 22,802 37,672 27,092 29,473 44,001 33,528 27,540 32,288 21,271 28,938 47,948 26,498 27,362 30,806 36,519 29,544 30,953 29,211 24,852 27,346 25,686 20,805 34,993 27,378 25,302 30,657 42,803 29,711 29,181 21,361 32,163 28,154 31,306 22,949 22,524 30,018 26,866 28,665 34,535 27,676 41,487 26,366 37,517 25,616 39,664 25,792 55,534 31,319 37,250 31,415 36,038 29,273 31,641 19,314 41,804 38.705 24,194 38,417 26,573 32,409 27,417 26,704 47,108 26,162 29,290 45,126 27,222 35,281 34,057 28,768 28,495 34,574 32,349 42,154 25,432 25,033 29,986 30,875 39,841 25,352 34,696 30,099 27,455 29,533 30,723 47,406 34,230 43,601 31,394 57,537 29,151 23,854 38,693 28,656 30,764 45,786 34,162 28,324 32,789 22,237 30,076 49,479 28,303 28,221 31,509 37,042 34,065 32,298 30,293 26,469 28,880 25,143 21,467 35,592 28,522 26,667 31,241 43,950 30,111 30,021 21,155 32,527 28,702 31,740 23,910 24,882 31,506 28,585 30,111 39,470 31,013 42,284 27,433 39,204 26,320 40,391 26,347 57,083 34,324 38,081 31,797 38,143 30,538 32,501 2012 157 13 19 148 21 133 55 124 130 5 139 98 7 126 33 43 105 111 36 57 12 142 145 89 74 16 143 35 85 121 95 78 4 39 10 68 1 102 151 20 107 76 6 40 113 50 154 86 3 114 115 65 27 42 58 82 135 104 144 155 31 109 131 69 9 83 88 156 52 106 64 150 146 66 108 83 17 71 11 123 18 137 15 136 2 37 24 63 23 80 54 December 2013 Local Area Personal Income 30 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues 2010 2011 Rank in state Dollars Millions of dollars Area 2012 2010 2011 2012 Polk.............................................. Pulaski......................................... Putnam....................................... Quitman...................................... Rabun.......................................... Randolph.................................... Richmond................................... Rockdale..................................... Schley.......................................... Screven........................................ Seminole..................................... Spalding...................................... Stephens.................................... Stewart........................................ Sumter......................................... Talbot........................................... Taliaferro..................................... Tattnall......................................... Taylor........................................... Telfair........................................... Terrell........................................... Thomas........................................ Tift................................................ Toombs........................................ Towns........................................... Treutlen....................................... Troup............................................ Turner.......................................... Twiggs.......................................... Union........................................... Upson.......................................... Walker.......................................... Walton.......................................... Ware............................................ Warren......................................... Washington................................. Wayne.......................................... Webster .... Wheeler...................................... White........................................... Whitfield...................................... Wilcox.......................................... Wilkes.......................................... Wilkinson.................................... Worth........................................... 1,063 301 673 64 481 206 6,056 2,658 102 401 283 1,760 783 132 892 175 46 609 219 266 277 1,510 1,197 833 364 169 2,041 243 277 646 717 1,777 2,723 969 147 573 847 66 135 678 2,764 210 288 268 661 1,104 320 705 65 506 220 6,385 2,768 104 430 312 1,853 814 138 946 185 48 617 228 282 301 1,621 1,300 872 387 173 2,232 262 289 676 753 1,839 2,898 994 148 636 914 74 145 710 2,937 233 297 276 718 1,149 322 718 65 521 238 6,508 2,842 111 460 338 1,898 830 142 975 190 50 662 240 293 318 1,695 1,361 900 403 174 2,348 287 287 703 778 1,906 2,987 1,017 149 657 935 79 151 753 3,038 269 310 283 779 25,606 25,266 31,723 25,685 29,569 26,791 30,122 31,129 20,357 27,631 32,397 27,458 29,904 21,693 27,252 25,600 27,093 23,868 24,942 16,112 29,725 33,700 29,770 30,489 34,468 24,428 30,378 27,102 30,888 30,305 26,528 25,793 32,380 26,600 25,407 27,155 28,137 23,771 17,415 24,924 26,886 22,596 27,455 28,213 30,567 26,776 27,002 33,128 26,450 31,128 28,941 31,746 32,327 20,758 29,865 35,414 28,891 31,460 22,845 29,451 27,423 28,309 24,361 26,852 17,284 32,631 36,245 31,464 31,952 36,911 25,358 32,926 29,621 32,805 31,686 27,932 26,814 34,408 27,472 25,990 30,249 30,147 26,415 17,983 25,962 28,499 25,405 29,018 29,191 32,855 27,893 27,450 33,888 26,903 31,994 32,515 32,122 33,122 22,303 32,391 37,805 29J12 32,056 23,449 30,914 29,177 29,857 26,095 28,505 17,922 35,203 37,910 33,149 32,931 38,415 25,719 34,289 34,109 33,974 32,752 29,211 27,985 35,316 28,396 26,640 31,489 30,867 28,119 19,143 27,313 29,397 29,632 30,737 29,580 35,828 Hawaii................................ 56,827 60,095 62,330 41,654 43,606 44,767 Metropolitan portion............... 48,629 51,430 53,384 43,746 45,792 47,047 Nonmetropolitan portion...... Hawaii.......................................... Honolulu...................................... Kauai........................................... Maui + Kalawao......................... 8,199 5,796 43,244 2,403 5,385 8,665 6,114 45,663 2,551 5,767 8,946 6,319 47,382 2,627 6,002 32,448 31,256 45,211 35,737 34,714 33,980 32,656 47,252 37,635 36,790 34,725 33,398 48,529 38,392 37,909 34,481 2010 119 122 45 129 62 53 59 48 153 56 26 92 61 152 73 101 91 140 110 159 34 25 47 49 22 141 38 41 44 51 100 118 32 112 132 67 75 116 158 125 97 93 77 94 30 4 1 2 3 Idaho.................................. 50,385 52,954 55,022 32,076 33,436 33,848 35,348 36,646 32,996 34,010 34,819 Nonmetropolitan portion...... Ada.............................................. Adams......................................... Bannock...................................... Bear Lake................................... Benewah..................................... Bingham...................................... Blaine........................................... Boise............................................ Bonner......................................... Bonneville................................... Boundary.................................... Butte............................................ Camas......................................... Canyon........................................ Caribou........................................ Cassia.......................................... Clark............................................ Clearwater.................................. Custer.......................................... Elmore......................................... Franklin........................................ Fremont (includes Yellowstone National Park)........................ Gem............................................. Gooding....................................... Idaho............................................ Jefferson..................................... Jerome......................................... Kootenai....................................... Latah............................................ Lemhi........................................... Lewis........................................... Lincoln......................................... Madison...................................... Minidoka..................................... Nez Perce................................... 16,537 15,456 109 2,379 176 299 1,283 1,173 250 1,243 3,615 272 87 35 4,388 225 732 31 262 138 927 344 17,606 16,015 117 2,467 182 307 1,369 1,238 259 1,328 3,808 289 91 40 4,597 249 795 42 268 145 937 356 18,376 16,665 125 2,512 196 321 1,398 1,302 261 1,366 3,910 298 92 43 4,787 267 829 43 276 144 957 374 30,345 39,281 27,572 28,671 29,460 32,211 28,055 55,071 35,601 30,369 34,539 24,650 29,808 31,356 23,171 32,253 31,722 31,240 30,332 31,670 34,217 26,882 32,339 39,928 29,205 29,540 30,513 33,554 29,861 58,641 36,819 32,509 36,025 26,745 32,386 36,047 24,023 36,430 34,341 44,283 30,979 33,383 35,668 27,857 33,825 40,741 31,874 29,972 33,161 35,215 30,751 61,549 38,138 33,749 36,646 27,563 33,758 40,388 24,688 39,359 35,649 49,413 32,091 33,154 36,511 29,246 5 30 36 23 15 31 1 10 21 12 42 20 6 43 8 14 2 28 24 13 38 339 458 542 451 690 660 4,487 1,200 238 156 143 722 549 1,375 357 454 617 469 783 704 4,745 1,249 249 165 159 768 647 1,420 368 469 652 490 801 746 4,934 1,321 263 174 169 808 659 1,471 25,562 27,472 35,034 27,694 26,325 29,381 32,300 32,173 29,879 40,840 27,528 19,198 27,347 34,984 27,179 27,098 40,097 28,538 29,756 31,276 33,631 32,976 31,211 43,209 30,781 20,315 32,106 36,003 28,394 28,099 42,667 30,077 30,034 33,146 34,656 34,607 33,884 44,683 32,081 21,576 32,900 37,221 40 41 4 34 35 25 17 18 19 3 29 44 26 11 See the footnotes at the end of the table. Millions of dollars Area 2012 Metropolitan portion............... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income1 Personal income Per capita personal income 1 Personal income Oneida......................................... Owyhee........................................ Payette......................................... Power........................................... Shoshone.................................... Teton............................................ Twin Falls.................................... Valley........................................... Washington................................. 121 319 629 254 407 263 2,341 343 278 2011 Rank in state Dollars 2012 2010 2011 2012 127 353 663 296 422 281 2,492 352 286 129 371 691 302 442 291 2,620 384 300 28,102 27,775 27,802 32,305 31,951 25,841 30,198 35,054 27,246 30,033 30,881 29,440 38,110 33,297 27,655 31,917 36,631 28,176 30,656 32,434 30,536 38,778 34,821 28,961 33,336 40,247 29,717 Illinois................................ 540,223 567,197 590,094 42,072 44,106 45,832 Metropolitan portion............... 488,733 512,194 534,429 43,200 45,175 47,038 Nonmetropolitan portion........ Adams.......................................... Alexander.................................... Bond............................................ Boone.......................................... Brown........................................... Bureau........................................ Calhoun...................................... Carroll.......................................... Cass............................................. Champaign................................. Christian..................................... Clark ............................................ Clay.............................................. Clinton.......................................... Coles............................................ Cook............................................ Crawford..................................... Cumberland................................ DeKalb........................................ DeWitt........................................ Douglas........................................ DuPage........................................ Edgar........................................... Edwards...................................... Effingham.................................... Fayette........................................ Ford............................................. Franklin........................................ Fulton........................................... Gallatin........................................ Greene......................................... Grundy......................................... Hamilton...................................... Hancock...................................... Hardin.......................................... Henderson.................................. Henry........................................... Iroquois........................................ Jackson........................................ Jasper.......................................... Jefferson..................................... Jersey.......................................... Jo Daviess.................................. Johnson...................................... Kane............................................ Kankakee.................................... Kendall........................................ Knox............................................. Lake............................................. LaSalle......................................... Lawrence.................................... Lee............................................... Livingston.................................... Logan........................................... McDonough................................ McHenry..................................... McLean........................................ Macon.......................................... Macoupin.................................... Madison...................................... Marion.......................................... Marshall...................................... Mason.......................................... Massac........................................ Menard........................................ Mercer.......................................... Monroe........................................ Montgomery................................ Morgan......................................... Moultrie........................................ Ogle............................................. Peoria.......................................... Perry............................................ Piatt.............................................. Pike.............................................. Pope............................................. Pulaski......................................... Putnam....................................... Randolph.................................... Richland...................................... 51,490 2,464 225 595 1,735 185 1,258 165 526 444 7,261 1,213 558 453 1,436 1,750 235,624 692 381 3,203 603 739 48,092 615 201 1,235 590 607 1,169 1,194 192 423 1,670 281 637 124 246 1,796 1,081 2,034 325 1,275 853 902 337 18,457 3,682 4,131 1,729 37,662 4,030 479 1,168 1,521 951 1,047 12,080 6,890 4,307 1,667 10,000 1,309 484 524 476 473 635 1,413 933 1,186 511 1,823 7,834 606 786 521 121 206 225 957 504 55,003 2,591 224 622 1,867 194 1,347 173 569 464 7,366 1,358 594 477 1,517 1,831 245,106 761 403 3,412 659 803 50,509 667 223 1,341 645 646 1,209 1,264 207 451 1,791 305 675 130 268 1,932 1,158 2,086 369 1,337 891 976 348 19,773 3,815 4,519 1,848 39,460 4,269 512 1,269 1,651 1,036 1,095 12,668 7,291 4,538 1,755 10,371 1,362 540 561 501 506 694 1,522 979 1,232 568 1,988 8,582 639 841 551 125 214 244 996 539 55,664 2,690 227 643 1,925 200 1,323 175 559 458 7,632 1,299 609 506 1,585 1,862 256,037 776 411 3,561 654 793 52,972 675 232 1,403 668 677 1,262 1,279 207 445 1,852 322 666 136 250 1,923 1,150 2,124 388 1,403 914 1,010 363 20,700 3,956 4,743 1,874 41,191 4,302 523 1,255 1,687 1,035 1,087 13,497 7,542 4,657 1,814 10,755 1,415 529 553 501 499 669 1,576 994 1,244 568 2,009 9,019 640 829 550 126 214 247 1,014 561 33,717 36,696 27,374 33,517 32,038 26,836 36,065 32,411 34,224 32,587 36,045 34,865 34,246 32,831 37,950 32,451 45,318 34,897 34,516 30,465 36,396 37,051 52,378 33,202 29,931 36,093 26,659 43,153 29,535 32,245 34,371 30,512 33,331 33,267 33,384 28,788 33,588 35,621 36,461 33,701 33,530 32,862 37,156 39,797 26,711 35,767 32,443 35,845 32,666 53,474 35,410 28,466 32,510 39,136 31,424 32,128 39,067 40,558 38,898 34,885 37,130 33,203 38,363 35,837 30,871 37,255 38,646 42,828 31,018 33,373 34,417 34,097 42,056 27,133 47,020 31,799 27,217 33,485 37,544 28,608 31,051 36,143 38,578 27,995 35,049 34,419 28,220 38,879 34,122 37,438 34,157 36,391 39,026 36,718 34,618 39,779 34,066 47,008 38,479 36,376 32,648 39,879 40,501 54,644 36,207 33,383 39,138 29,109 46,279 30,551 34,235 37,462 32,670 35,756 36,156 35,405 30,266 37,124 38,412 39,299 34,622 37,908 34,462 38,978 42,984 27,578 38,008 33,603 38,721 35,078 56,244 37,620 30,628 35,799 42,461 34,241 33,711 41,110 42,701 41,021 36,698 38,625 34,921 43,240 38,809 32,626 39,780 42,371 45,726 32,877 34,659 38,086 37,394 45,960 28,730 50,418 33,600 28,158 35,528 40,811 29,953 33,212 36,776 40,030 29,280 36,460 35,691 28,950 38,559 34,956 37,240 34,318 37,544 37,493 37,572 36,768 41,641 34,695 48,943 39,587 37,509 34,014 39,767 39,955 57,082 37,082 34,718 40,839 30,361 48,352 32,021 34,904 38,114 32,806 36,825 38,456 35,256 32,000 35,477 38,335 39,344 35,362 40,365 36,224 40,178 44,811 28,442 39,618 34,997 40,161 35,868 58,667 38,084 31,512 35,822 43,648 34,492 33,418 43,802 43,778 42,287 38,415 40,150 36,369 42,910 38,599 32,869 39,212 41,258 47,258 33,542 35,266 38,059 38,015 48,167 29,004 50,215 33,722 29,588 35,661 41,974 30,755 34,704 2012 32 27 33 9 16 39 22 7 37 29 99 60 69 101 42 78 55 84 52 54 51 58 21 82 4 34 53 85 31 30 2 56 80 24 97 5 93 79 47 92 57 44 75 94 71 46 35 73 25 65 26 12 102 33 77 27 67 1 48 95 68 15 83 89 13 14 17 45 28 61 16 41 91 36 22 7 88 74 49 50 6 100 3 87 98 70 19 96 81 December 2013 31 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Rank in state Dollars Millions of dollars Area 2010 2011 2012 2010 2011 2012 Rock Island................................. St. Clair....................................... Saline.......................................... Sangamon.................................. Schuyler..................................... Scott............................................ Shelby.......................................... Stark............................................ Stephenson................................ Tazewell...................................... Union........................................... Vermilion..................................... Wabash...................................... Warren Washington................................. Wayne.......................................... White........................................... Whiteside.................................... Will............................................... Williamson.................................. Winnebago................................. Woodford.................................... 5,585 9,764 822 7,747 262 178 718 204 1,696 5,194 568 2,567 405 586 775 543 528 2,091 27,563 2,250 9,922 1,532 5,843 9,991 856 8,151 282 193 793 233 1,807 5,665 567 2,668 439 648 823 601 597 2,249 29,607 2,320 10,297 1,743 6,048 10,343 905 8,321 290 188 806 216 1,837 6,107 585 2,740 454 621 682 642 613 2,297 30,929 2,406 10,655 1,786 37,839 36,112 32,975 39,153 34,785 33,313 32,125 34,277 35,566 38,353 31,997 31,469 33,970 33,116 52,785 32,436 36,083 35,763 40,601 33,882 33,623 39,657 39,645 36,987 34,347 40,973 37,756 36,905 35,637 39,792 38,106 41,757 32,021 32,791 37,081 36,361 56,492 36,226 40,908 38,619 43,502 34,789 35,063 44,764 41,016 38,470 36,275 41,759 38,912 35,457 36,295 36,356 39,122 44,920 33,153 33,937 38,687 35,015 46,698 38,739 42,081 39,716 45,316 36,090 36,482 45,828 Metropolitan portion.............. 177,604 188,320 198,324 35,440 37,372 39,169 Nonmetropolitan portion...... Adams........................................ Allen............................................ Bartholomew............................. Benton........................................ Blackford Boone Brown.......................................... Carroll.......................................... Cass............................................ Clark............................................ Clay............................................. Clinton........................................ Crawford..................................... Daviess....................................... Dearborn.................................... Decatur....................................... DeKalb........................................ Delaware.................................... Dubois........................................ Elkhart........................................ Fayette........................................ Floyd............................................ Fountain...................................... Franklin....................................... Fulton.......................................... Gibson........................................ Grant........................................... Greene....................................... Hamilton..................................... Hancock...................................... Harrison...................................... Hendricks................................... Henry........................................... Howard....................................... Huntington.................................. Jackson ...................................... Jasper.......................................... Jay............................................... Jefferson..................................... Jennings..................................... Johnson.......................... _____ Knox............................................ Kosciusko................................... Lagrange Lake...”........................................ 45,554 956 12,078 2,886 335 379 2,867 526 653 1,183 3,658 820 994 292 999 1,720 855 1,292 3,481 1,637 6,125 673 2,919 545 815 626 1,114 2,165 1,033 13,752 2,866 1,219 5,128 1,399 2,539 1,162 T363 1,135 616 948 846 4,982 1,343 2,747 840 16,851 3,356 1,396 3,861 33,549 1,432 334 943 4,218 1,191 2,534 442 1 358 212 586 657 486 565 391 6,789 993 48,495 1,031 12,830 3,145 372 396 3,129 '552 50,874 1,098 13,469 3,436 366 409 3,322 '597 30,810 27,783 33,948 37,532 37,740 29,747 50^472 32,827 29,999 35,784 40,417 41,979 31,296 54'125 34,514 31,964 37,371 43,419 41,546 32 754 56^362 700 1,251 3,822 860 1,071 302 1,085 1,795 914 1,396 3,611 1,842 6,555 700 3,059 579 861 676 1,199 2,283 1,079 15,225 3,018 1,282 5,558 1,460 2,702 1,231 T427 1,238 685 980 897 5,306 1,434 2,919 917 17,666 3,563 1,448 3,996 35,020 1,503 352 1,008 4,437 1,277 2,658 481 1,454 212 613 667 497 597 412 7,409 1,078 708 1,287 4,094 886 1,128 315 1,138 1,876 1,002 1,461 3,793 1,935 7,096 732 3,250 603 904 713 1,274 2,402 1,113 16,226 3,233 1,332 5,876 1,526 2,826 1,287 1,543 1,308 725 1,039 987 5,626 1,472 3,071 1,007 18'491 34,614 32,414 30,384 33,089 30,528 29,962 27,238 31,477 34,338 33,173 30,576 29,585 39,089 31,015 27,714 39,100 31,581 35,330 30,061 33,199 30,942 31,114 49,750 40,837 30,967 35,152 28,298 30,692 31,332 32,028 33,844 29,070 29,218 29,690 35,580 34,970 35,522 22,592 33^966 36,624 34,891 32,231 34,274 32,005 32,413 28,356 34,030 35,875 35,364 32,902 30,656 43,671 32,988 28,969 40,787 33,772 37,481 32,504 35,791 32,762 32,624 53,762 42,826 32,666 37,443 29,567 32,626 33,104 33,241 37,040 32,059 30,299 31,818 37,516 37,306 37,733 24,498 35^677 30,120 30,264 29,331 37,079 30,452 32,317 25,635 30,441 31,284 36,674 30,964 28'594 32,026 31,430 30,483 38,441 31,942 34,163 27,552 31,678 33,319 38,424 34,031 30'602 39,584 35,241 33,363 36,567 33,022 34,169 29,512 35,491 37,656 38,463 34,533 32,318 46,001 35,550 30,470 43,176 35,210 39,341 34,363 38,088 34,651 33,783 56,051 45,576 34,038 39,057 30,917 34,107 34,783 35,824 39,100 33,928 31,923 35,048 39,287 38,618 39,568 26,846 37,460 33,399 32,808 32,097 40,132 33,650 35,012 28,966 32,962 34,202 40,139 35,604 31'846 34,732 29,596 30.438 28,153 29,072 30,421 41,252 38,355 34,839 30,817 30,972 29,071 30,632 32,347 44,746 41,936 36,429 32,381 32,008 29,932 32,058 33,842 46,907 42,745 LaPorte....................................... Lawrence.................................... Madison...................................... Marion......................................... Marshall....................................... Martin.......................................... Miami........................................... Monroe....................................... Montgomery............................... Morgan........................................ Newton Noble Ohio............................................. Orange....................................... Owen........................................... Parke ........................................... Perry............................................ Pike.............................................. Porter........................................... Posey........................................... See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3,716 1,512 4,184 36,881 1,582 359 1,057 4,648 1,308 2,784 500 1,515 '221 638 684 511 624 432 7,772 1,094 Per capita personal income ’ Personal income Per capita personal income 1 Personal income 2010 2011 2012 Pulaski........................................ Putnam....................................... Randolph.................................... Ripley........................................... Rush............................................ St. Joseph................................... Scott............................................ Shelby.......................................... Spencer...................................... Starke .......................................... Steuben...................................... Sullivan....................................... Switzerland................................. Tippecanoe................................. Tipton........................................... Union........................................... Vanderburgh............................... Vermillion.................................... Vigo............................................. Wabash....................................... Warren........................................ Warrick........................................ Washington................................. Wayne.......................................... Wells White..... Whitley......................................... 437 1,154 812 816 603 9,287 656 1,530 678 614 1,007 610 292 5,263 564 246 6,662 531 3,334 1.048 283 2,402 810 2,097 910 801 1,058 481 1,214 875 859 652 9,717 679 1,617 703 657 1,074 639 319 5,610 618 262 7,077 553 3,474 1,125 315 2,572 860 2,166 973 874 1,127 494 1,257 918 871 682 10,162 711 1,692 725 679 1,134 674 329 5,907 645 270 7,366 568 3,646 1,193 323 2,663 895 2,273 1 017 897 1,201 32,723 30,428 31,065 28,301 34,722 34,809 27,126 34,477 32,460 26,252 29,491 28,482 27,472 30,438 35,491 32,703 37,052 32,874 30,900 31,937 33,277 40,131 28,643 30,455 32 906 32,463 31J24 36,161 32,005 33,652 29,846 37,683 36,438 28,291 36,405 33,425 28,261 31,531 30,077 30,203 32,025 39,013 35,010 39,244 34,215 32,080 34,559 37,248 42,669 30,524 31,530 35 110 35,632 33,826 37,651 33,289 35,551 30,480 39,909 38,152 29,894 38,039 34,809 29,264 33,231 31,791 31,601 33,278 41,103 36,722 40,728 35,427 33,624 36,851 38,731 44,042 32,052 33,251 36775 36,712 36,023 43,935 2012 23 43 64 20 38 72 63 62 37 11 90 86 40 76 8 39 18 32 10 66 59 9 79 31 7 10 72 1 16 45 64 36 69 55 89 43 28 24 52 74 4 42 86 8 46 18 53 26 51 60 2 5 57 21 84 56 50 39 20 58 80 47 19 23 17 92 30 63 71 75 14 61 48 91 70 54 13 40 81 37 73 78 87 76 59 3 9 Rank in state Dollars Millions of dollars Area 2010 2011 2012 Iowa.................................... 119,080 130,131 135,063 39,038 42,470 Metropolitan portion............... 71,309 75,973 79,481 40,719 42,964 44,595 Nonmetropolitan portion..... Adair............................................ Adams......................................... Allamakee................................... Appanoose................................. Audubon ..................................... Benton........................................ Black Hawk................................. Boone ......................................... Bremer........................................ Buchanan ................................... Buena Vista................................ Butler........................................... Calhoun...................................... Carroll.......................................... Cass............................................ Cedar........................................... Cerro Gordo................................ Cherokee.................................... Chickasaw.................................. Clarke .......................................... Clay.............................................. Clayton......................................... Clinton......................................... Crawford..................................... Dallas........................................... Davis............................................ Decatur....................................... Delaware..................................... Des Moines................................. Dickinson.................................... Dubuque..................................... Emmet......................................... Fayette......................................... Floyd............................................ Franklin....................................... Fremont...................................... Greene........................................ Grundy........................................ Guthrie........................................ Hamilton..................................... Hancock...................................... Hardin.......................................... Harrison...................................... Henry........................................... Howard....................................... Humboldt.................................... Ida................................................ Iowa............................................. Jackson............ x......................... Jasper.......................................... Jefferson..................................... Johnson...................................... Jones........................................... Keokuk........................................ Kossuth....................................... Lee............................................... Linn.............................................. Louisa.......................................... Lucas........................................... Lyon............................................. 47,771 269 163 471 371 260 1,061 4,700 1,035 948 725 770 589 397 847 550 723 1,735 509 502 295 672 621 1,802 679 2,981 236 207 669 1,629 724 3,405 364 677 589 443 311 370 556 415 634 444 701 563 657 348 372 350 636 650 1,174 528 5,427 647 351 749 1,109 8,804 371 251 488 54,157 309 213 525 391 321 1,152 4,975 1,121 1,055 826 879 689 479 1,015 621 801 1,919 643 649 316 761 716 1,937 810 3,344 257 232 756 2,067 796 3,646 404 790 622 559 328 443 629 477 754 516 829 631 706 395 478 393 730 715 1,281 561 5,829 692 418 923 1,174 9,291 408 274 614 55,582 299 208 531 399 296 1,175 5,225 1,156 1,090 830 907 680 469 1,027 616 826 1,992 686 663 327 786 726 1,953 824 3,542 272 236 763 2,190 842 3,839 425 791 626 556 353 429 661 467 734 529 833 652 746 400 477 412 770 724 1,327 584 6,175 697 432 972 1,225 9,679 434 278 634 36,773 35J 33 40,471 32,813 28,807 42,535 40,696 35,821 39,384 39,054 34,599 37,852 39,506 39,045 40,722 39,492 39,106 39,342 42,043 40,406 31,723 40,380 34,336 36,688 39,594 44,718 26,846 24,511 37,613 40,454 43,418 36,274 35,391 32,447 36,148 41,494 41,892 39,603 44,693 37,907 40,499 39,280 40,028 37,714 32,672 36,435 37,971 49,476 38,955 32,789 31,882 31,435 41,338 31,306 33,481 48,276 30,953 41,602 32,635 28,292 42,160 41,795 40^847 43,024 40'008 53,272 36,828 30,369 53,323 44,112 37,864 42,568 43,306 39,566 43,337 46,071 47,607 48,729 45,054 43,497 43,624 53,453 52,280 33,937 45,786 39,839 39,468 47,025 47,974 29,342 28,025 42,814 51,510 47,090 38,610 40,047 37,680 38,652 52,358 44,639 47,719 50,490 43,863 48,694 45,835 47,777 42,649 34,692 41,477 48,731 55,433 44,674 36,260 34,908 33,189 43,646 33,393 40,391 60,046 32,982 43,401 35,925 30,977 52,488 53,297 37,269 31,384 50,094 45,506 39,638 44,147 44,520 39,641 44,042 45,375 47,354 49,777 44,868 44,830 45,497 57,406 54,021 34,848 47,330 40,727 40,086 47,588 49,215 31,328 28,569 43,415 54,286 49,601 40,371 42,038 38,063 39,003 52,652 49,365 46,863 53,093 43,319 47,868 47,514 48,121 44,846 36,872 41,870 49,024 57,986 47,569 36,742 36,266 34,596 45,298 33,793 41,622 63,360 34,402 44,957 38,451 31,758 53,960 2012 29 65 41 85 15 25 88 27 49 90 68 82 83 66 11 34 12 44 62 32 22 6 77 67 33 35 38 70 10 80 96 18 36 72 48 47 71 49 39 32 20 42 44 37 3 7 88 33 63 69 29 23 97 99 51 6 21 66 57 77 74 13 22 35 12 53 28 31 27 43 83 59 24 2 30 84 86 89 40 93 60 1 91 41 76 95 8 December 2013 Local Area Personal Income 32 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues 2010 2011 Rank in state Dollars Millions of dollars Area 2012 2010 2011 2012 38,270 36,740 36*326 37^267 47*129 52*652 39,088 38,008 37*697 38^832 48*209 Madison...................................... Mahaska Marion Marshall ... Mills Mitchell Monona Monroe Montgomery ....... Muscatine................................... O'Brien........................................ Osceola...................................... Page............................................ Palo Alto..................................... Plymouth...................................... Pocahontas................................. Polk Pottawattamie .......................... Poweshiek.................................. Ringgold..................................... Sac.............................................. Scott............................................ Shelby.......................................... Sioux............ ............................... Story............................................ Tama............................................ Taylor........................................... Union........................................... Van Buren................................... Wapello........................................ Warren......................................... Washington................................. Wayne.......................................... Webster....................................... Winnebago................................. Winneshiek Woodbury Worth........................................... Wright.......................................... 584 740 1,108 1 456 651 449 345 273 380 1,566 618 256 520 385 1,102 292 18,989 3*356 602 826 1 209 1 523 706 564 389 288 409 1,711 697 309 553 477 1,242 377 19,836 3*640 612 853 1,260 1 587 715 571 376 293 425 1,802 710 319 582 508 1.296 384 20,881 3^776 37,147 33,073 33*329 708 150 470 7,333 546 1,277 3,653 636 233 410 213 1,106 1,812 853 181 1,433 373 835 3,468 272 527 787 176 567 7,862 623 1,496 3,826 702 272 453 231 1,160 1,948 951 201 1,571 410 859 3,639 300 654 802 176 571 8,137 624 1,556 4,062 743 273 456 245 1,207 2,036 981 193 1,607 426 873 3,783 305 659 37,471 29,309 45,408 44,233 44,845 37,879 40,772 35,858 36,902 32,750 28,168 31,041 39,125 39,298 28,379 37,823 34,468 39,635 33^874 35,793 43*234 41*614 37*381 34^267 42,071 35*860 38*374 40*020 53,267 41,258 36*342 40^229 42^014 35,928 39,942 49,091 48,999 34,776 51,009 49,933 52,286 45,313 38,946 41,785 34,412 55,530 47,026 51,673 44,044 42,134 39,802 43,570 36,149 30,779 32,770 41,774 43,541 31,658 41,620 38,200 40,849 35,479 39,631 50,103 50,072 51,431 37,055 54,781 52,048 53,718 47,061 40,641 42,797 34,510 56,220 48,205 51,723 45,406 44,568 42,368 43,971 36,223 32,947 34,122 43,411 44,746 30,469 43,101 40,192 41,471 36,968 40,570 50,755 35472 36*664 42,950 39,681 32,620 40,951 44,138 40,209 43,921 35*934 Kansas............................... 110,885 120,783 124,137 38,787 42,079 43,015 Metropolitan portion............... 77,608 83,463 86,929 40,822 43,611 45,087 Nonmetropolitan portion Allen............................................. Anderson.................................... Atchison...................................... Barber.......................................... Barton.......................................... Bourbon....................................... Brown.......................................... Butler........................................... Chase.......................................... Chautauqua................................ Cherokee.................................... Cheyenne................................... Clark............................................ Clay............................................. Cloud........................................... Coffey.......................................... Comanche.................................. Cowley......................................... Crawford..................................... Decatur....................................... Dickinson.................................... Doniphan.................................... Douglas....................................... Edwards....................................... Elk................................................ Ellis.............................................. Ellsworth..................................... Finney.......................................... Ford............................................. Franklin........................................ Geary........................................... Gove............................................ Graham........................................ Grant............................................ Gray............................................. Greeley........................................ Greenwood................................. Hamilton...................................... Harper......................................... Harvey......................................... Haskell......................................... Hodgeman.................................. Jackson........................................ Jefferson...................................... Jewell........................................... Johnson....................................... 33,277 456 257 480 191 1,048 438 360 2,438 140 123 710 94 75 361 294 364 69 1 155 1*136 37,320 488 284 533 231 1,240 467 437 2,644 153 142 754 122 87 388 345 405 78 1,308 1*205 110 695 253 3,658 140 89 1,133 211 1,234 1,065 846 1,469 110 122 284 246 60 216 106 244 1,267 220 66 451 639 110 29,124 139 299 137 749 268 3,959 170 97 1,292 238 1,389 1,147 887 1,535 140 158 328 314 78 237 128 298 1,380 277 82 504 674 165 31,383 160 347 37,208 498 288 521 237 1,284 478 413 2,672 156 146 788 107 85 387 335 401 80 1,343 T261 122 749 280 4,100 156 94 1,340 257 1,333 1,182 903 1,581 125 150 311 270 66 234 85 328 1,421 223 69 502 677 138 33,328 142 373 34,747 34,179 31,691 28,428 39,363 37,839 28,907 36,043 36,966 50,166 33,754 32,916 34,431 34,107 42,273 30,918 42,386 36,302 31,812 29*002 37*209 39,013 36,603 35,287 31,729 47,119 44,772 31,208 43,764 40,110 54,794 39,250 35,179 44,968 40,502 45,472 36,716 47,419 41,271 36,092 30*767 47*185 35,126 31,847 32,895 46,084 30,987 39,843 32,340 33^371 38,021 33,793 35,268 56,277 34,343 44,906 36,688 37,415 33,268 34,218 43,354 52,007 59,865 41,468 51,405 61,464 35,910 48,744 50,037 39,754 65,378 41,452 37,430 35,504 53,258 56,752 40292 43*870 38,845 37361 36,327 30,999 48,668 46,582 32,100 41,763 40,591 56,561 40,808 37,144 39,860 38,905 45,348 35,601 47,188 41,741 37,004 32340 42,480 37,893 35,566 36,331 52,309 34,402 46,137 39,539 35*824 Kingman...................................... See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 31,256 32,494 41,591 41,158 46,880 36,283 40,919 47,995 32,370 39,408 40,450 36,472 51,357 34,284 33,413 33,418 35,741 53,365 34 796 38J47 34,024 34,871 41,603 45,948 58,317 39,268 44,843 50,958 36,180 32,388 55,517 40,762 52,445 35,316 37,329 35,709 45,308 59,524 35 875 47^494 Per capita personal income' Personal income Per capita personal income 1 Personal income Millions of dollars Area 2010 2012 2011 Rank in state Dollars 2012 2010 2011 2012 117 769 90 2,778 134 315 135 1,033 1,263 448 478 206 1,391 285 1,230 220 181 504 543 174 233 544 183 213 281 259 824 449 147 2,229 199 351 3,280 195 130 257 2,249 222 20,041 751 7,171 155 302 177 205 117 224 947 331 120 291 75 238 126 319 103 4,722 127 782 80 2,875 128 316 123 1,043 1,314 466 462 204 1,411 275 1,265 220 166 475 575 181 225 550 171 204 269 256 854 451 134 2,282 178 350 3,299 178 135 265 2,299 190 20,672 748 7,392 136 273 148 176 100 232 1,039 306 120 294 64 205 106 342 112 4,875 41,622 33,636 39,434 35,069 35,764 31,137 40,100 28,688 38,750 32,465 38,696 37,894 39,549 37,810 31,980 34,744 46,265 39,719 31,060 49,608 34,812 31,059 37,065 31,949 34,630 38,385 34,622 38,354 46,535 32,343 32,087 30,309 43,638 31,532 34,832 32,987 37,791 36,787 37,121 29,544 37,442 48,589 40 499 34*997 45,767 35,784 51,034 36,012 41,674 32,895 48,738 30,587 43,201 35,761 47,861 45,451 42,539 45,169 35,292 37,465 56,769 49,765 32,996 55,612 41,116 33,324 47,595 35,034 39,990 46,765 37,446 46,655 57,482 34,532 40,463 34,808 44,838 37,531 40,371 36,989 40,324 45,060 40,003 32,274 40,084 61,063 50 059 46^526 50,944 36,720 46,754 36,979 40,468 33,491 44,322 30,892 44,760 37,708 46,082 46,471 43,275 43,253 36,706 37,571 52,326 46,867 35,069 59,050 40,066 34,065 44,804 33,592 38,842 46,456 38,306 46,362 52,521 35,414 36,538 35,100 43,692 34,098 41,966 38,130 41,070 38,419 41,024 31,779 41,295 53,400 44 690 39^340 38,572 39*679 36^204 36,469 35,554 37,652 38,551 40,375 34,290 41,124 32,097 28,501 28,232 46,633 52 431 39,735 39,743 41,676 40,315 41,387 49,698 40,634 55,635 34,433 31,140 29,888 40,375 46^062 Wilson.......................................... Woodson..................................... Wyandotte................................... 106 725 69 2,684 116 300 111 965 1,129 411 391 174 1,299 240 1,132 205 149 404 512 154 197 506 142 195 242 216 752 370 117 2,089 159 306 3,122 163 116 230 2,106 182 18,537 679 6,676 124 243 135 170 89 208 879 282 112 271 60 198 92 302 94 4,454 40354 43,883 38,528 40,152 41,705 42,472 35,576 47,152 37,565 34,162 30,637 35,643 73 78 79 75 25 11 62 85 67 58 19 16 81 5 14 9 34 64 55 90 4 26 15 38 46 56 50 87 94 92 52 45 98 54 68 61 82 65 17 Kiowa........................................... Labette........................................ Lane............................................. Leavenworth............................... Lincoln.......................................... Linn.............................................. Logan........................................... Lyon............................................. McPherson.................................. Marion.......................................... Marshall....................................... Meade.......................................... Miami........................................... Mitchell......................................... Montgomery................................ Morris........................................... Morton.......................................... Nemaha...................................... Neosho......................................... Ness............................................. Norton.......................................... Osage.......................................... Osborne...................................... Ottawa.......................................... Pawnee........................................ Phillips.......................................... Pottawatomie............................... Pratt............................................. Rawlins....................................... Reno............................................ Republic...................................... Rice.............................................. Riley............................................. Rooks........................................... Rush............................................. Russell......................................... Saline........................................... Scott............................................. Sedgwick..................................... Seward......................................... Shawnee..................................... Sheridan...................................... 70 79 103 13 19 100 41 50 4 48 72 56 60 27 84 15 42 73 101 38 66 86 78 10 92 23 57 82 96 91 44 26 3 59 29 11 80 99 5 49 8 88 71 83 28 1 81 14 Smith............................................ Stafford Stanton Stevens....................................... Sumner........................................ Thomas........................................ Trego............................................ Wabaunsee................................. Wallace........................................ Washington................................. Wichita"........................................ Kentucky........................... 143,211 150,850 156,131 32,947 34,545 Metropolitan portion............... 91,312 96,578 100,515 36,441 38,278 39,554 Nonmetropolitan portion........ Adair............................................. Allen............................................. Anderson..................................... Ballard.......................................... Barren.......................................... Bath.............................................. Bell............................................... Boone........................................... Bourbon...................................... Boyd............................................. Boyle............................................ Bracken........................................ Breathitt........................................ Breckinridge................................ Bullitt............................................ Butler............................................ Caldwell...................................... Calloway...................................... Campbell..................................... Carlisle......................................... Carroll.......................................... Carter........................................... Casey........................................... Christian...................................... Clark............................................. Clay.............................................. Clinton.......................................... Crittenden................................... Cumberland................................ Daviess........................................ 51,899 *470 54,271 *484 55,616 *498 29,435 25*899 542 674 274 1,182 292 726 4,123 603 1,622 860 254 386 529 2,225 327 376 1,097 3,297 148 364 684 393 2,353 1,187 520 259 249 176 3,279 586 701 305 1,251 307 737 4,498 628 1,628 884 265 392 571 2,372 344 401 1,127 3,507 166 363 708 404 2,482 1,269 535 267 267 180 3,512 613 722 306 1,307 325 747 4,756 645 1,670 915 275 394 598 2,483 352 413 1,170 3,656 166 367 724 420 2,506 1,318 540 274 278 186 3,643 28,192 25,268 27,064 31,383 33,217 28,054 25,183 25,296 34,561 30,192 32,680 30,226 29,864 27,831 26,387 29,869 25,707 28,988 29,433 36,425 28,954 33,710 24,683 24,610 31,735 33,316 23,910 25,171 26,720 25,619 33,900 30,240 26365 30,318 33,251 36,721 30,668 27,513 26,506 38,572 32,266 33,969 31,928 32,350 28,869 29,808 32,716 27,408 31,921 31,072 40,216 32,877 33,683 26,464 26,134 33,229 36,842 25,064 26,616 29,927 27,205 37,227 29,096 32,466 36,828 29,519 26,153 25,706 36,963 31,430 32,974 30,985 31,094 28,295 28,243 31,505 26,922 30,843 30,054 38,558 32,720 33,147 25,874 25,290 33,747 35,745 24,711 26,268 28,732 26,232 36,098 2012 12 75 18 74 51 98 33 104 31 67 24 20 36 37 76 68 9 17 90 2 55 95 30 97 61 21 64 22 7 87 77 89 35 94 40 65 46 63 47 102 45 6 32 58 52 25 53 34 62 54 43 39 85 16 69 93 105 97 63 37 19 58 90 99 12 46 26 48 45 74 69 42 91 49 52 7 40 30 100 103 38 18 110 98 67 94 14 December 2013 33 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Personal income Millions of dollars Area Edmonson.................................. Elliott........................................... Estill............................................. Fayette........................................ Fleming....................................... Floyd............................................ Franklin....................................... Fulton.......................................... Gallatin....................................... Garrard........................................ Grant........................................... Graves........................................ Grayson...................................... Green.......................................... Greenup..................................... Hancock...................................... Hardin.......................................... Harlan.......................................... Harrison...................................... Hart............................................. Henderson.................................. Henry........................................... Hickman...................................... Hopkins...................................... Jackson ...................................... Jefferson..................................... Jessamine.................................. Johnson...................................... Kenton........................................ Knott............................................ Knox............................................ Larue........................................... Laurel.......................................... Lawrence.................................... Lee.............................................. Leslie........................................... Letcher....................................... Lewis........................................... Lincoln........................................ Livingston................................... Logan .......................................... Lyon............................................. McCracken................................. McCreary.................................... McLean....................................... Madison...................................... Magoffin...................................... Marion........................................ Marshall...................................... Martin.......................................... Mason.......................................... Meade........................................ Menifee....................................... Mercer......................................... Metcalfe...................................... Monroe....................................... Montgomery.............................. Morgan....................................... Muhlenberg................................ Nelson........................................ Nicholas...................................... Ohio............................................. Oldham....................................... Owen.......................................... Owsley........................................ Pendleton................................... Perry............................................ Pike.............................................. Powell......................................... Pulaski........................................ Robertson................................... Rockcastle.................................. Rowan........................................ Russell........................................ Scott............................................ Shelby.......................................... Simpson..................................... Spencer...................................... Taylor........................................... Todd............................................. Trigg............................................. Trimble........................................ Union........................................... Warren........................................ Washington................................. Wayne......................................... Webster...................................... Whitley........................................ Wolfe.......................................... Woodford.................................... Dollars 2011 2012 2010 2011 2012 309 152 344 11,617 360 1,182 1,818 187 224 440 714 1,057 633 296 1,300 252 3,930 819 534 447 1,415 464 168 1,441 272 29,922 1,518 632 6,174 440 824 480 1,604 412 178 309 687 291 617 298 782 232 2,499 370 293 2,378 315 528 997 328 534 1,051 142 638 225 271 720 306 825 1,382 198 671 2,559 289 118 408 885 2,010 334 1,839 58 403 618 485 1,575 1,440 513 566 690 332 487 200 480 3,573 320 476 412 1,027 168 1,031 328 156 353 12,276 369 1,231 1,871 212 240 453 733 1,116 674 310 1,372 275 4,196 825 552 469 1,524 483 187 1,532 283 31,155 1,629 661 6,627 455 853 520 1,648 432 182 320 710 297 645 314 842 247 2,623 379 319 2,500 329 556 1,066 333 554 1,155 145 660 231 282 755 312 886 1,472 206 714 2,781 301 122 429 909 2,155 349 1,882 59 420 635 527 1,705 1,529 554 618 723 357 520 207 542 3,773 332 491 448 1,047 172 1,092 335 158 367 12,817 384 1,244 1,925 204 248 469 757 1,144 708 323 1,404 291 4,184 805 578 484 1,551 503 188 1,563 288 32,592 1,684 661 7,036 445 859 524 1,696 442 186 309 674 304 657 321 870 257 2,693 382 318 2,574 328 582 1,098 332 576 1,155 150 692 237 295 803 320 890 1,568 211 743 2,926 310 121 443 899 2,176 354 1,931 62 432 652 542 1,776 1,611 590 645 747 366 526 226 544 3,922 345 503 458 1,069 177 1,125 25,433 19,252 23,415 39,152 24,987 29,972 36,901 27,457 26,084 26,006 28,921 28,414 24,521 26,333 35,233 29,446 36,725 28,010 28,375 24,530 30,577 30.113 34,535 30,727 20,156 40,308 31,162 27,005 38,613 26,959 25,861 33.810 27,206 25,890 22,620 27,384 27,948 20,988 24,926 31,298 29,126 27,952 38,134 20,186 30,806 28,601 23,692 26,656 31,667 25,471 30,545 36,620 22,526 29,892 22,290 24,724 27,123 21,996 26,198 31,692 27,883 28,145 42,349 26,656 24,630 27,390 30,842 30,933 26,401 29,103 25,777 23,630 26,487 27,666 33,198 34,045 29,565 33,063 28,079 26,681 33,914 22,714 31,913 31,298 27,232 22,865 30,264 28,797 22,888 41,248 26,844 19,633 24,091 40,727 25,452 31,346 37,902 31,622 28,125 26,947 29,675 29,780 25,993 27,628 37,242 32,074 39,091 28,304 29,509 25,627 32,843 31,420 38,777 32,679 21,085 41,741 33,226 28,206 41,281 28,012 26,565 36,502 27,754 27,111 23,233 28,352 29,054 21,406 26,089 33,022 31,431 29,690 39,878 20,750 33,502 29,716 24,909 27,736 34,038 25,900 31,533 39,008 22,775 31,056 22,927 25,923 28,222 22,455 28,278 33,429 29,054 29,716 45,733 27,751 25,079 29,199 31,639 33,292 27,662 29,660 26,421 24,545 27,007 29,902 35,471 35,635 31,966 35,633 29,297 28,629 36,524 23,651 36,142 32,669 28,121 23.506 33,008 29,512 23,402 43,842 27,740 20,335 25,294 41,955 26,353 31,948 38,653 31,188 29,229 27,710 30,907 30,472 27,286 28,506 38,239 33,574 39,098 28,190 31,054 26,371 33,351 32,817 39,548 33,467 21,619 43,408 33,929 28,261 43,509 27,583 27,082 37,030 28,517 27,901 24,150 27,662 28,155 21,971 26,861 34,068 32,638 30,736 41,084 21,147 33,413 30,364 25,138 28,990 35,044 26,047 32,903 39,499 24,133 32,528 23,816 27,226 29,859 23,391 28,559 35,382 30,130 30,870 47,647 28,829 25,537 30,366 31,831 33,904 28.365 30,360 28,288 25,379 27,820 30,992 36,197 36,946 33,646 37,015 30,238 28,926 36,391 25,726 36,640 33,486 29,189 24.145 33,744 30,124 24,732 44,861 Per capita personal income Personal income Rank in state 2010 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income1 Area 2012 86 120 108 5 102 47 11 51 70 87 55 59 92 78 13 32 10 82 53 101 36 41 8 34 118 4 27 81 3 89 95 15 77 84 112 88 83 117 96 25 43 57 6 119 35 61 109 72 24 104 39 9 114 44 115 93 68 116 76 23 65 56 1 75 106 60 50 28 79 62 80 107 85 54 22 17 31 16 64 73 21 105 20 33 71 113 29 66 111 2 Rank in state Dollars Millions of dollars 2010 2011 2012 2010 Louisiana.......................... 169,117 145,310 184,340 158,318 37,217 Metropolitan portion............... 176,690 151,856 Nonmetropolitan portion Acadia.......................................... Allen............................................. Ascension................................... Assumption................................. Avoyelles..................................... Beauregard................................. Bienville....................................... Bossier........................................ Caddo.......................................... Calcasieu.................................... Caldwell...................................... Cameron..................................... Catahoula................................... Claiborne.................................... Concordia................................... De Soto....................................... East Baton Rouge...................... East Carroll................................. East Feliciana............................ Evangeline.................................. Franklin....................................... Grant............................................ Iberia............................................ Iberville....................................... Jackson....................................... Jefferson..................................... Jefferson Davis.......................... Lafayette..................................... Lafourche.................................... La Salle........................................ Lincoln........................................ Livingston.................................... Madison...................................... Morehouse.................................. Natchitoches............................... Orleans....................................... Ouachita..................................... Plaquemines............................... Pointe Coupee........................... Rapides....................................... Red River.................................... Richland...................................... Sabine......................................... St. Bernard.................................. St. Charles.................................. St. Helena................................... St. James.................................... St. John the Baptist.................... St. Landry................................... St. Martin.................................... St. Mary...................................... St. Tammany............................... Tangipahoa................................. Tensas.......................................... Terrebonne.................................. Union........................................... Vermilion..................................... Vernon ........................................ Washington................................. Webster....................................... West Baton Rouge..................... West Carroll................................ West Feliciana............................ Winn............................................. 23,807 1,978 609 4,221 795 1,257 1,044 458 4,242 10,242 6,631 288 234 304 493 548 846 17,692 240 659 956 600 558 2,618 1,002 458 18,607 958 9,969 4.172 439 1,446 3,959 301 784 1,208 14,320 5,112 925 803 4,987 265 628 682 1,346 1,924 395 678 1,603 2,811 1,616 1,923 10,779 3,765 183 4,312 697 1,756 2,121 1,282 1,400 851 283 414 445 24,834 2,129 615 4,657 831 1,314 1.083 467 4,542 10,990 6,900 292 235 325 517 577 919 18,100 264 669 983 625 577 2,798 1.056 458 19,026 996 10,784 4,323 452 1,484 4,178 323 827 1,332 15,268 5,318 928 833 4,977 289 665 736 1,375 1,971 398 688 1,613 2,944 1,698 1,957 11,314 3,926 198 4,354 715 1,829 2,217 1,307 1,432 904 293 434 464 26,022 2,240 641 4,927 885 1,386 1,123 479 4,671 11,352 7,240 298 250 344 546 616 955 18,968 295 699 1,026 670 591 2,983 1,108 475 19,537 1,054 11,477 4,508 473 1,536 4,412 352 897 1,390 15,889 5,567 947 887 5,192 297 709 769 1,455 2,019 414 706 1,639 3,110 1,778 2,054 11,722 4,035 215 4,607 741 1,945 2,240 1,341 1,462 945 313 451 488 Maine.................................. 49,360 51,653 53,283 Metropolitan portion............... Nonmetropolitan portion........ Androscoggin.............................. Aroostook.................................... Cumberland................................ Franklin....................................... Hancock...................................... Kennebec.................................... Knox............................................. Lincoln........................................ Oxford..........,.............................. Penobscot................................... Piscataquis................................. Sagadahoc.................................. Somerset.................................... Waldo........................................... Washington................................. York.............................................. 30,659 18,701 3,765 2,350 12,597 924 2,016 4,451 1,470 1,316 1,777 5,146 548 1,415 1,587 1,219 1,043 7,736 32,146 19,507 3,894 2,418 13,292 972 2,109 4,607 1,550 1,386 1,849 5,355 554 1,471 1,673 1,282 1,107 8,135 Maryland........................... Metropolitan portion............... 289,653 283,414 Nonmetropolitan portion........ Allegany...................................... Anne Arundel.............................. 6,239 2,383 29,565 2011 2012 38,623 40,057 38,556 39,949 41,339 30,704 32,006 23.648 39,141 34,052 29,871 29,104 31,947 36,080 40,062 34,312 28,441 34,464 29,311 28,766 26,354 31,666 40,132 31,129 32,648 28,133 28,821 25,003 35,755 30,060 28,130 43,008 30,318 44,884 43,176 29,421 30,905 30,776 24,938 28,085 30,555 41,172 33,207 40,001 35,313 37,848 29,289 30,312 28,153 36,575 36,398 35,315 30,841 35,091 33,673 30,936 35,220 45,952 30,999 35,048 38,649 30,636 30,245 40,197 27,233 33,962 35,536 24,430 26,548 29,116 32,106 34,461 23,922 42,320 35,840 31,409 29,983 32,867 37,871 42,779 35,606 29,010 34,476 31,431 30,498 27,734 34,323 40,987 34,492 33,145 29,019 30,097 26,085 38.054 31,706 28,067 43,888 31,548 48,088 44,598 30,203 31,590 32,091 27,022 30,009 33,687 42,371 34,380 39,220 36,492 37,628 32,008 31,830 30,082 34,765 37,507 36,128 31,507 35,755 35,265 32,140 36,083 47,754 32,047 39,035 38,968 31,515 31,369 42,491 27,735 34,714 37,513 25,380 28,045 30,707 33,702 36,180 25,101 43,881 38,443 33,286 30,955 34,044 38,225 44,153 37,224 29,815 37,274 33,437 32,473 30,235 35,428 42,671 39,134 34,935 30,425 32,581 26,762 40,308 33,351 29,321 45,049 33,518 50,546 46,465 31,700 32,709 33,436 28,935 32,550 35,240 43,030 35,830 39,592 39,019 39,222 33,021 33,912 31,627 34,940 38,332 37,397 32,487 36,623 37,179 33,728 38,243 48,954 32,687 43,344 41,174 33,073 33,127 41,575 28,738 35,702 39,202 27,183 29,292 32,561 37,180 38,880 40,087 33,201 20,082 3,983 2,488 13,809 1,000 2,173 4,717 1,612 1,438 1,904 5,513 572 1,510 1,725 1,325 1,128 8,386 39,538 33,870 34,963 32,759 44,754 30,076 37,086 36,448 37,037 38,292 30,766 33,442 31,243 40,188 30,376 31,411 31,803 39,230 41,349 35,396 36,246 33,864 47,021 31,612 38,669 37,790 39,023 40,476 32,002 34,790 31.888 41,859 32,225 33,053 33,857 41,028 42,595 36,531 37,018 35,104 48,638 32,636 39,824 38,713 40,640 42,078 33,117 35,860 33,111 42,907 33,233 34,141 34,739 42,137 306,001 316,682 50,044 52,401 53,816 299,343 309,682 50,303 54,035 6,659 2,486 31,584 7,000 2,557 32,870 40,555 31,778 54,814 52,649 43,239 33,376 57,972 45,629 34,547 59,711 2012 27 64 6 18 41 54 34 21 5 24 57 23 38 51 56 30 9 16 33 55 47 63 12 40 58 4 37 1 3 52 45 39 60 49 31 8 28 13 17 14 44 35 53 32 19 22 50 26 25 36 20 2 46 7 11 43 42 10 61 29 15 62 59 48 8 10 1 16 6 7 5 4 14 9 15 2 13 12 11 3 23 4 Local Area Personal Income 34 December 2013 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Personal income Rank in state Dollars Millions of dollars Area 2011 2012 2010 2011 2012 40,089 4,223 1,068 7,515 3,919 6,648 1,114 10,796 1,114 11,795 18,716 893 67 991 36J09 2760 4,714 757 2,050 5'332 42,342 4,423 1,121 7,908 4,136 6,957 1,173 11,349 1,184 12,527 20,190 979 71,716 37'517 43,911 4,525 1,179 8,180 4,384 7,133 1,224 11,870 1,227 13,016 21,120 1,052 73751 38’481 49,721 47,480 32,291 44,931 38,731 45,193 34,107 46,092 37,038 48,094 64,849 44,263 69763 4<710 2723 5'189 3,483 2,242 24,779 2720 5761 777 2,201 5717 3735 2,389 26,210 803 2,319 5742 3,732 2,494 27,503 49,287 44,566 28770 54,153 36,079 35,211 43,569 39,903 52,120 49,553 34,031 47,262 40,702 46,614 35,861 47,823 39,348 50,789 68,701 48,301 72620 42623 52,062 46,997 29778 57667 37,741 36658 46,436 42,259 53,717 50,482 36,031 48,919 43,104 47,365 37,609 49,544 41,083 52,351 70,533 52,078 73606 43672 53,974 47,609 30671 60668 38,489 37684 48,354 44,263 337,932 358,218 372,026 51,488 54,218 55,976 333,242 353,230 366,793 51,544 54,273 56,022 Nonmetropolitan portion...... Barnstable.................................. Berkshire.................................... Bristol.......................................... Dukes.......................................... Essex........................................... Franklin........................................ Hampden.................................... Hampshire.................................. Middlesex................................... Nantucket.................................... Norfolk......................................... 4,690 11,585 5,616 22,425 963 38,322 2,999 18,100 6,235 90,059 728 43,227 4,987 12,475 5,931 23,680 1,045 40,463 3,142 18,944 6,584 95,920 800 44,949 5,233 12,977 6,102 24,505 1,109 42,048 3,262 19,618 6,848 99,787 861 46,788 47,843 53,646 42,791 40,831 58,111 51,445 42,062 39,008 39,170 59,772 71,691 64,244 52,919 60,238 46,930 44,468 65,096 55,648 45,597 42,106 42,856 64,914 83,634 68,619 5 10 12 3 7 11 14 13 4 1 2 Suffolk.......................................... Worcester................................... 37793 35,347 40719 37,246 42757 38,548 52772 44,165 50,598 57,844 45,465 43,084 62,257 53,892 43,850 40,687 41,219 63,020 79,008 66,327 52 422 55691 46,338 57633 47,816 6 9 Michigan........................... 346,818 365,753 378,443 35,111 37,032 38,291 Metropolitan portion............... 291,954 308,180 319,431 36,207 38,210 39,549 Nonmetropolitan portion...... Alcona.......................................... Alger............................................ Allegan......................................... Alpena......................................... Antrim.......................................... Arenac......................................... Baraga......................................... Barry............................................ Bay.............................................. Benzie.......................................... Berrien......................................... Branch ......................................... Calhoun...................................... Cass............................................ Charlevoix................................... Cheboygan................................. Chippewa.................................... Clare............................................ Clinton......................................... Crawford..................................... Delta............................................ Dickinson.................................... Eaton........................................... Emmet......................................... Genesee..................................... Gladwin........................................ Gogebic....................................... Grand Traverse.......................... Gratiot.......................................... Hillsdale...................................... Houghton.................................... Huron........................................... Ingham......................................... Ionia............................................. Iosco............................................ Iron.............................................. Isabella........................................ Jackson....................................... Kalamazoo.................................. Kalkaska..................................... Kent............................................. Keweenaw .................................. Lake............................................. Lapeer......................................... Leelanau..................................... Lenawee..................................... Livingston................................... 54,864 '314 57,573 326 247 3,901 <012 59,012 334 255 3,943 <032 810 488 250 2,058 3,717 592 5,894 1,315 4,813 1,922 1,009 804 1,165 915 2,840 412 1,234 1,068 3'779 31,784 30661 25,749 34,960 34783 33,513 30,429 27,259 34,160 34,123 32,804 37,049 29,687 34,267 35,474 37,735 30,212 28,216 28,943 36,978 28608 32,661 39,220 34,321 40,603 31,426 26,600 3<050 32,667 3<439 784 475 240 2,013 3,660 574 5,798 1,303 4,644 1,865 981 785 1,094 896 2,804 401 1,207 1,023 3,706 1,332 13,264 686 501 3,385 1,336 1,353 1,055 1,345 9,652 1,738 744 402 2,072 5798 9,369 485 22,523 86 325 2,895 1,006 3232 7714 30,241 28638 24,727 32,733 33 J 83 31,926 28,816 26,769 32,558 32,765 31,017 35,650 27,572 33,334 33,132 36,073 28,901 27,826 27,867 35,126 27652 31,653 36,984 33,468 39,135 30,052 26,243 29757 36,751 29,087 27,482 27715 36,755 33,706 25,850 27,849 33,216 28,045 30701 35649 26632 35669 36 858 26614 31,141 43 346 30 960 39697 Massachusetts................ Metropolitan portion 236 3,649 981 751 457 237 1,923 3,530 543 5,590 1,245 4,536 1,729 935 754 1,071 864 2,648 387 1,173 967 3,610 1,278 12,776 674 488 3,199 1,234 1,281 1,017 1,215 9,468 1,651 719 392 1,972 4,855 8,913 456 21,327 79 309 2,746 940 3,085 7J 31 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1,381 13,565 694 523 3,517 1,377 1,371 1,088 1,355 9,896 1,768 764 417 2,149 5'237 9731 503 23,856 88 333 2,976 1 036 3318 <956 38,333 31,704 29,066 28,726 41,126 34,251 27,196 29,150 34,206 29,329 3<902 37'132 28645 37638 38 353 28674 32,870 46 482 32 531 42614 26,758 35,197 35,310 34,599 31,535 28,836 34,895 34,757 33,905 37,764 29,979 35,623 36,787 38,767 31,135 29,943 29,746 37,363 29715 33,465 40,715 34,986 41,955 32721 27,233 32792 39,462 32,729 29,651 29,798 41,741 35,127 27,654 30,133 36,028 30,434 32670 38625 29445 38624 39 786 28,933 33,752 47 949 33 519 43613 Area Millions of dollars 2010 2010 Baltimore.................................... Calvert........................................ Caroline...................................... Carroll.......................................... Cecil............................................. Charles........................................ Dorchester.................................. Frederick..................................... Garrett......................................... Harford......................................... Howard........................................ Kent ........................................... Montgomery .. . Prince George’s......................... Queen Anne's............................ St Mary's.... Somerset Talbot........................................... Washington................................ Wicomico.................................... Worcester................................... Baltimore City............................ Per capita personal income ’ Personal income Per capita personal income 1 2012 6 9 22 11 17 14 20 10 18 7 2 8 1 16 5 13 24 3 19 21 12 15 54 82 26 25 31 53 73 29 30 34 15 62 23 19 12 57 63 66 17 69 39 8 28 6 48 79 47 10 43 67 65 7 27 76 61 22 59 44 14 68 11 9 72 35 2 37 4 2011 Rank in state Dollars 2012 2010 Luce............................................. Mackinac..................................... Macomb...................................... Manistee..................................... Marquette.................................... Mason.......................................... Mecosta....................................... Menominee................................. Midland........................................ Missaukee................................... Monroe......................................... Montcalm.................................... Montmorency.............................. Muskegon................................... Newaygo..................................... Oakland...................................... Oceana........................................ Ogemaw..................................... Ontonagon.................................. Osceola........................................ Oscoda........................................ Otsego......................................... Ottawa.......................................... Presque Isle................................ Roscommon................................ Saginaw...................................... St. Clair........................................ St. Joseph................................... Sanilac......................................... Schoolcraft.................................. Shiawassee................................. Tuscola......................................... Van Buren................................... Washtenaw................................. Wayne.......................................... Wexford........................................ 165 379 29,246 744 2,142 906 1,202 740 3,473 384 5,200 1,564 263 5,007 1,362 59,969 816 585 210 612 220 729 8,778 388 721 6,218 5,327 1,776 1,304 263 1,999 1,509 2,329 13,797 60,266 891 163 394 30,957 763 2,236 950 1,250 782 3,759 410 5,492 1,644 271 5,234 1,424 64,259 873 602 199 631 231 764 9,538 402 739 6,459 5,563 1,862 1,396 271 2,082 1,608 2,433 14,380 63,457 937 170 411 31,916 779 2,318 977 1,255 802 3,807 404 5,800 1,694 272 5,392 1,432 68,065 882 614 201 641 236 783 9,866 420 752 6,561 5,696 1,924 1,405 276 2,132 1,663 2,452 15,162 64,779 951 25,080 34,181 34,763 30,292 31,909 31,566 28,086 30,844 41,520 25,892 34,217 24,693 26,910 29,114 28,153 49,848 30,748 27,045 31,195 26,030 25,534 30,182 33,233 29,143 29,487 31,098 32,736 28,985 30,295 31,039 28,315 27,107 30,574 39,950 33,193 27,207 2011 2012 25,020 35,515 36,727 30,831 33,101 33,182 28,877 32,630 44,739 27,446 36,227 25,992 28,247 30,785 29,405 53,047 33,025 27,930 30,104 26,886 26,684 31,676 35,833 30,463 30,400 32,457 34,432 30,513 32,712 31,907 29,769 29,063 32,000 41,247 35,219 28,681 26,036 36,911 37,664 31,560 34,141 34,059 28,982 33,688 45,423 26,884 38,401 26,844 28,737 31,685 29,855 55,761 33,513 28,662 31,337 27,556 27,483 32,616 36,663 31,994 31,210 33,079 35,458 31,652 33,234 33,060 30,802 30,417 32,499 43,202 36,141 29,151 2012 83 18 16 52 32 33 71 36 3 80 13 81 74 50 64 1 38 75 55 77 78 45 20 49 56 41 24 51 40 42 58 60 46 5 21 70 Minnesota......................... 226,320 241,352 252,413 42,616 45,135 46,925 Metropolitan portion............... 181,518 193,490 201,252 44,614 47,132 48,607 Nonmetropolitan portion........ 44,802 47,862 51,162 36,070 38,536 41,301 Anoka Becker.......................................... Beltrami........................................ Benton......................................... Big Stone.................................... Blue Earth................................... Brown........................................... Carlton......................................... Carver.......................................... Cass............................................. Chippewa.................................... Chisago........................................ Clay.............................................. Clearwater.................................. Cook............................................ Cottonwood................................. Crow Wing.................................. Dakota......................................... Dodge.......................................... Douglas........................................ Faribault...................................... Fillmore........................................ Freeborn..................................... Goodhue..................................... Grant............................................ Hennepin.................................... Houston...................................... Hubbard...................................... Isanti............................................ Itasca........................................... Jackson........................................ Kanabec...................................... Kandiyohi.................................... Kittson.......................................... Koochiching................................ Lacqui Parle............................... Lake............................................. Lake of the Woods..................... Le Sueur ....... Lincoln......................................... Lyon McLeod Mahnomen.................................. Marshall Martin........................................... Meeker......................................... Milla 1 acs Mnrrisnn Mower.......................................... 12 758 <162 13 507 1,253 1,449 1,363 225 2,389 1,051 1,155 5,448 1,100 577 1,950 2,194 269 226 517 2,129 19,519 792 1,398 700 796 1,226 1,961 256 67,141 776 657 1,415 <546 13 991 <329 38 480 35729 31,220 33,664 40747 34,412 37,518 31,151 54,342 36,057 43,807 33,761 34,563 28,769 39,763 39,692 32,732 45,057 36,415 36,946 41,659 35711 36,706 39,955 40'777 40 535 38'192 41 588 40773 33,223 37,419 52,300 39719 43,715 33,329 60,468 40,033 53,814 37,135 38,549 31,945 45,001 48,039 34,873 49,847 41,384 41,027 55,768 40737 41,515 44,481 52760 58,898 42737 33734 38799 35 J 77 58,756 33,202 45776 51,025 36,182 58,103 44,191 34,301 41 430 48751 45162 39 943 32715 49 098 50714 39,463 47 55 81 68 12 62 39 80 2 57 9 69 64 85 34 28 75 19 51 53 8 54 48 35 10 3 45 78 65 73 4 82 32 16 70 6 38 76 50 25 33 59 83 23 18 61 42,725 46 1,392 1,295 215 2,205 970 1,103 4,964 1,033 545 1,820 2,045 250 205 464 2,049 17,986 734 1,330 604 744 1,146 1,845 245 63,234 742 627 1,344 <452 462 485 1,719 195 470 346 430 125 987 228 1 003 1 276 165 373 903 790 714 1 nsQ <516 526 511 1,807 206 481 364 460 134 1,081 258 1,080 1 364 171 402, 9601 829 748 1 195 <607 1,507 1,454 270 2,559 1,111 1,178 5,666 1,135 653 1,985 2,319 278 233 557 2,193 20,192 837 1,494 795 845 1,289 2,061 313 69,769 805 690 1,465 <591 604 531 1,931 229 478 413 478 136 1 147 284 1 154 1 440 181 464 1,028 910 794 1 188 <682 43,006 35,288 47,939 39,589 31,015 35 662 38701 38777 34 857 30,401 39 585 43769 33,899 ?7 355 32,014 35,096 43,071 37J13 40,905 32,520 58,789 38,762 46,869 36,296 36,595 30,916 43,363 44,139 33,991 48,538 39,273 38,592 48,171 38,235 39,419 42,396 42717 57,417 40736 32789 37730 34779 51,625 31,543 42792 45,397 36,321 50,355 42,561 33,343 38 868 44799 41 944 37 484 31,105 42 486 46726 35,733 28 797 38782 40796 54,778 39747 30782 35'468 32,269 45,045 29,872 40'686 December 2013 35 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Per capita personal income1 Personal income Area Murray......................................... Nicollet........................................ Nobles........................................ Norman....................................... Olmsted...................................... Otter Tail..................................... Pennington................................. Pine............................................. Pipestone................................... Polk.............................................. Pope............................................ Ramsey...................................... Red Lake.................................... Redwood.................................... Renville........................................ Rice............................................. Rock............................................ Roseau........................................ St. Louis..................................... Scott............................................ Sherburne................................... Sibley........................................... Stearns........................................ Steele.......................................... Stevens....................................... Swift............................................. Todd............................................. Traverse...................................... Wabasha.................................... Wadena...................................... Waseca....................................... Washington................................. Watonwan................................... Wilkin........................................... Winona Wright Yellow Medicine......................... Rank in state Dollars Millions of dollars 2010 2011 2012 2010 2011 2012 397 1,224 816 285 6,584 2,028 583 839 394 1,177 442 21,951 128 659 659 2,034 396 557 7,291 5,598 2,805 575 5,140 1,395 416 372 738 169 820 412 693 11,370 397 274 1 720 4312 419 452 1,315 900 292 6,672 2,174 631 871 422 1,244 477 23,147 138 701 687 2,139 444 622 7,796 6,104 3,029 609 5,493 1,485 477 401 781 170 878 430 749 12,248 444 286 1 874 4 679 464 484 1,367 953 339 6,971 2,301 701 893 458 1,369 552 23,991 162 781 803 2,262 473 664 8,008 6,383 3,170 670 5,737 1,560 562 466 828 225 926 447 792 12,712 481 345 1 961 4 940 494 45,633 37,373 38,203 41,594 45,557 35,407 41,800 28,213 41,154 37,225 40,376 43,087 31,489 41,146 42.060 31,665 40,973 35,805 36,423 42,891 31,596 37,744 34,098 38,194 42,853 38,093 29,681 47,822 37,902 29,736 36,238 47,569 35,425 41,699 33 463 34456 40*201 52,232 39,896 41,967 42J51 45,733 37,934 45,043 29,403 44,451 39,503 43,650 44,916 33,631 43,711 44,382 32,981 46,081 40,117 38,920 46,023 33,956 40,148 36,333 40,627 49,013 41,455 31,441 48,369 40,779 31,266 39,150 50,713 39,697 43,529 36 383 37 041 45^080 56,393 41,501 44,373 51,151 47,402 40,170 49,817 30,568 48,986 43,571 50,671 46,124 39,563 49,299 52,268 34,877 49,555 42,925 39,976 47,230 35,435 44,323 37,843 42,946 58,127 48,538 33,787 65,115 43,134 32,497 41,147 52,081 43,036 52,343 37 982 38 797 48*669 Mississippi....................... 91,588 95,854 100,465 30,847 32,193 33,657 Metropolitan portion.............. 45,245 47,415 49,397 34,012 35,293 36,491 Nonmetropolitan portion...... Adams......................................... Alcorn.......................................... Amite........................................... Attala........................................... Benton......................................... Bolivar.......................................... Calhoun...................................... Carroll.......................................... Chickasaw.................................. Choctaw...................................... Claiborne.................................... Clarke .......................................... Clay............................................. Coahoma.................................... Copiah......................................... Covington................................... DeSoto....................................... Forrest......................................... Franklin....................................... George....................................... Greene....................................... Grenada..................................... Hancock...................................... Harrison...................................... Hinds........................................... Holmes....................................... Humphreys................................. Issaquena................................... Itawamba.................................... Jackson ...................................... Jasper.......................................... Jefferson..................................... Jefferson Davis.......................... Jones........................................... Kemper....................................... Lafayette..................................... Lamar.......................................... Lauderdale................................. Lawrence.................................... Leake........................................... Lee.............................................. Leflore........................................ Lincoln........................................ Lowndes..................................... Madison...................................... Marion........................................ Marshall...................................... Monroe....................................... Montgomery.............................. Neshoba...’................................ 46,344 <014 48,439 <072 51,068 <130 998 360 488 180 1,025 395 338 465 213 261 436 570 791 701 538 5,140 2,210 211 560 318 615 1,540 6,685 8,684 479 259 50 676 4,875 481 192 323 2,193 250 1,486 1,866 2,512 385 571 2,724 930 940 1,898 4,499 730 934 1,005 292 995 586 1,052 373 507 191 1,112 414 365 475 220 267 452 597 839 726 547 5,512 2,282 220 570 324 654 1,497 6,843 9,084 509 275 63 703 4,959 472 198 326 2,281 276 1,588 1,989 2,597 383 548 2,954 987 972 2,035 4,982 765 974 1,043 303 1,020 586 1,098 379 525 203 1,192 421 387 494 230 270 488 626 875 744 581 5,946 2,408 228 595 335 680 1,549 6,982 9,339 527 291 77 755 4,925 495 226 338 2,412 340 1,690 2,079 2,719 406 581 3,118 1,050 1,018 2,185 5,400 790 1,009 1,091 314 1,094 619 28,278 31,153 26,909 27,447 24,934 20,696 30,081 26,451 31,995 26,742 24,964 27,287 26,041 27,726 30,262 23,833 27,443 31,779 29,461 25,950 24,720 22,037 28,127 34,983 35,585 35,357 25,033 27,784 36,079 28,892 34,903 28,351 24,848 25,988 32,298 23,912 31,279 33,281 31,279 29,893 24,014 32,822 28,797 26,979 31,725 47,096 26,985 25,179 27,249 26,789 33,552 27,026 29,645 33 J 30 28,270 28,405 26,267 21,923 32,964 27,785 34,910 27^318 31,306 35J76 29,536 29,267 27,387 23,306 35,161 28,352 37,085 28,343 27*534 Newton....................................... See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 26,280 27,393 27,061 29,140 32,442 24,875 27,979 33,651 30,055 27,478 24,978 22,658 30,219 33,494 35,828 36,591 26,927 29,625 45,442 30,120 35,372 28,101 26,088 26,820 33,539 26,993 32,790 34,837 32,230 30,343 23,488 35,083 30,944 27,854 34,131 51,331 28,597 26,459 28,541 28,040 34,312 27,263 28,867 29,492 30,630 34,049 25,696 29,656 35,772 31,319 28,765 25,957 23,406 31,366 34,227 35,983 37,561 28,045 31,721 55,421 32,358 35,103 29,977 29,559 28,055 35,146 32,945 34,143 35,985 33,893 32,367 24,958 36,666 33*928 29,157 36,622 54,840 29,882 27,565 29,955 29,562 36,718 28,641 Per capita personal income' Personal income 2012 7 49 36 15 29 56 20 87 24 40 17 31 60 22 13 74 21 44 58 30 72 37 67 43 5 27 79 1 41 84 52 14 42 11 66 63 26 14 46 50 69 82 15 58 7 59 67 53 48 35 20 76 42 13 33 55 75 81 32 18 12 5 63 30 1 28 17 37 45 62 16 26 19 11 22 27 79 9 21 51 10 2 39 66 38 44 8 56 Millions of dollars Area 2010 Noxubee...................................... Oktibbeha................................... Panola.......................................... Pearl River.................................. Perry............................................ Pike.............................................. Pontotoc...................................... Prentiss....................................... Quitman...................................... Rankin.......................................... Scott............................................. Sharkey....................................... Simpson...................................... Smith............................................ Stone........................................... Sunflower.................................... Tallahatchie................................. Tate.............................................. Tippah.......................................... Tishomingo................................. Tunica........................................... Union........................................... Walthall....................................... Warren......................................... Washington................................. Wayne.......................................... Webster........................................ Wilkinson.................................... Winston....................................... Yalobusha.................................... Yazoo........................................... 2011 Rank in state Dollars 2012 321 1,428 <018 <652 286 1,309 916 1,522 280 1,081 762 600 220 5,016 728 143 857 429 487 743 356 792 550 461 304 712 381 1,707 1,510 562 255 233 482 356 682 298 1,370 966 1,584 283 1,113 809 623 234 5,312 727 156 872 413 513 780 388 834 582 477 330 790 387 1,762 1,566 574 259 241 506 374 745 292 1,156 860 650 250 5,604 766 178 909 439 523 848 420 862 605 494 354 857 401 1,837 1,649 606 267 246 534 392 790 2010 2011 2012 24,824 27,475 26^418 26,232 28,711 27,970 28^447 28,606 29,628 29,533 29*875 26,746 25,396 23,828 26,918 35,304 25,724 29,285 3<182 23,070 27,572 27,004 24,614 29,145 36,975 25,709 31 829 3<896 24,166 28,830 28,104 25,586 32,041 38,606 27,122 37 164 33*194 26,082 27,255 25,622 23,227 27,341 24,780 23,539 28,276 26,249 24,743 34,986 29,579 27,086 24,827 23,715 25,149 28,146 24,296 25,077 28,689 27,345 25,256 29,057 26,334 24,351 31,183 28,923 25,152 36,531 31,047 27,834 25,605 25,252 26,547 29,902 26,425 26,879 29,017 29,824 27,778 30,272 27,473 25,226 33,806 31,268 26,559 38,212 33,139 29,334 26,601 26,047 28,070 31,636 28,024 27,271 22*921 Missouri............................ 219,484 228,270 235,661 36,605 37,988 39,133 Metropolitan portion............... 173,079 179,946 186,582 39,032 40,445 41,790 Nonmetropolitan portion........ Adair............................................ Andrew........................................ Atchison...................................... Audrain........................................ Barry............................................ Barton.......................................... Bates............................................ Benton........................................ Bollinger...................................... Boone .......................................... Buchanan.................................... Butler........................................... Caldwell...................................... Callaway...................................... Camden...................................... Cape Girardeau......................... Carroll.......................................... Carter........................................... Cass............................................. Cedar........................................... Chariton...................................... Christian...................................... Clark ............................................ Clay.............................................. Clinton.......................................... Cole............................................. Cooper........................................ Crawford..................................... Dade............................................ Dallas........................................... Daviess....................................... DeKalb........................................ Dent............................................. Douglas....................................... Dunklin......................................... Franklin........................................ Gasconade ................................. Gentry.......................................... Greene........................................ Grundy........................................ Harrison...................................... Henry........................................... Hickory........................................ Holt.............................................. Howard........................................ Howell.......................................... Iron............................................... Jackson....................................... Jasper.......................................... Jefferson..................................... Johnson...................................... Knox............................................. Laclede....................................... Lafayette..................................... Lawrence.................................... Lewis............................................ Lincoln......................................... 46,405 704 745 214 796 1,029 364 545 542 334 6,036 2,930 1,441 325 1,289 <408 48,324 734 788 235 815 1,068 359 557 552 334 6,333 3,077 1,507 346 1,317 <455 49,079 756 818 217 823 1,077 373 565 568 352 6,667 3,192 1,493 341 1,337 <513 29,712 27,520 42,929 37,943 31,256 28,767 29,446 31*986 30,979 28,730 45,589 42,093 31,841 30,076 29,017 32*742 31,518 29,558 46,968 39,413 32,140 30,289 30,200 33^842 28,379 27*066 29,080 27*003 36,978 32,902 33,647 34,424 29'073 3<988 29,947 28,426 39,557 35,587 34,687 37,303 30,167 34*499 2,655 317 167 3,443 368 280 2,398 207 8,353 716 3,030 525 739 203 466 232 307 434 331 973 3,520 475 227 9,298 315 264 713 215 166 352 1,091 286 26,246 3,421 7,340 1,565 124 959 1,207 1,023 279 1,549 2J67 344 169 3,577 368 309 2,535 224 8,760 770 3,080 551 777 206 482 255 327 441 349 1,021 3,664 485 251 9,547 330 283 725 220 178 372 1,123 298 26,905 3,540 7,619 1,622 132 998 1,257 1,051 298 1,609 2,872 329 174 3,693 375 297 2,708 231 9,100 766 3,149 550 808 215 502 247 324 455 360 1,005 3,793 500 246 9,979 330 269 749 227 187 376 1,164 310 27,588 3,647 7,931 1,676 134 1,033 1,264 1,066 303 1,693 35,009 34,211 26,522 34,515 26,300 35,784 30,792 29,015 37,504 34,518 39,805 29,901 30,013 25,760 27,836 27,505 23*883 38,171 34,378 34,994 37,597 29,765 33,394 36,130 37,108 26,829 35,799 26,593 40,056 32,230 31,818 38,914 37,293 40,299 31,395 31,322 26,512 28,667 30,708 25^325 27,638 24,274 30,481 34,667 31,191 33,799 33,758 30,712 29,560 32,035 22,346 33,884 34,758 26,887 26,993 38,879 29,044 33,504 29,701 30,006 26,915 36,112 26,492 27,399 29,395 28,321 25,631 31,938 36,033 32,185 36,781 34,418 32,129 31,776 32,674 22,916 37,028 36,529 27,664 28,434 39,841 30,043 34,686 30,331 32,026 28,049 37,840 27,258 29,077 30,323 37,321 36,206 27,825 36,789 27,189 38,801 33,922 33,163 39,986 37,342 41,243 31,382 32,527 28,352 29,862 29,938 25,039 29,061 26,512 31,586 37,397 33,375 36,248 35,560 31,890 30,862 33,790 24,130 40,072 36,956 28,638 29,888 40,728 31,643 36,014 30,807 32,929 29,168 38,203 27,711 29,782 31,733 2012 57 43 47 40 80 54 60 77 29 3 70 6 24 71 52 41 65 36 68 78 23 34 73 4 25 49 72 74 61 31 64 82 2 11 61 73 74 41 76 93 10 30 35 20 75 37 19 25 100 22 104 12 40 50 8 18 5 70 57 95 79 77 112 86 107 67 17 47 24 31 63 71 42 114 7 21 90 78 6 66 28 72 53 85 13 101 80 64 December 2013 Local Area Personal Income 36 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Personal income 2010 Rank in state Dollars Millions of dollars Area 2011 2012 2010 2011 2012 33,592 33,393 25,581 32,465 29,284 34,676 35,038 29,171 27,922 29,001 31,976 31,497 32,811 33,529 32,164 36,059 28,103 26,593 36,113 27,410 33,385 32,997 32,195 33,247 29,651 46,416 28,041 39,828 28*894 Linn.............................................. Livingston................................... McDonald................................... Macon.......................................... Madison...................................... Maries.......................................... Marion......................................... Mercer......................................... Miller............................................ Mississippi.................................. Moniteau..................................... Monroe........................................ Montgomery............................... Morgan........................................ New Madrid................................ Newton........................................ Nodaway..................................... Oregon......................................... Osage.......................................... Ozark........................................... Pemiscot..................................... Perry............................................ Pettis............................................ Phelps.......................................... Pike.............................................. Platte........................................... Polk.............................................. Pulaski....................................... Putnam........................................ Ralls............................................. Randolph.................................... Ray.............................................. Reynolds..................................... Ripley........................................... St. Charles.................................. St. Clair........................................ Ste. Genevieve.......................... St. Francois................................. St. Louis....................................... Saline........................................... Schuyler....................................... Scotland...................................... Scott............................................ Shannon..................................... Shelby.......................................... Stoddard..................................... Stone........................................... Sullivan........................................ Taney........................................... Texas ........................................... Vernon......................................... Warren......................................... Washington................................. Wayne.......................................... Webster....................................... Worth........................................... Wright.......................................... St. Louis City.............................. 391 476 569 479 329 286 942 101 661 392 489 269 391 622 565 1,945 630 260 486 235 572 577 1,324 1,414 533 3,910 809 2,063 133 345 795 822 178 363 14,331 263 604 1,790 50,299 792 107 140 1,344 184 204 942 1,039 215 1,389 623 637 1,042 626 349 958 64 437 11,265 411 502 577 494 350 301 973 108 672 407 505 274 391 669 614 2,053 657 274 500 249 616 593 1,357 1,457 552 4,125 841 2,149 145 352 828 855 179 369 15,101 264 625 1,836 52,391 871 112 145 1,417 188 218 1,004 1,073 227 1,436 646 663 1,097 663 356 1,003 66 461 11,708 419 502 585 506 365 313 1,007 109 693 415 500 274 394 675 595 2,130 658 292 500 263 605 628 1,362 1,496 550 4,273 870 2,121 142 351 861 870 190 372 15,795 271 645 1,892 54,548 833 109 154 1,465 196 207 982 1,117 215 1,475 661 679 1,139 690 363 1,033 66 468 12,057 30,691 31,453 24,668 30,737 26,950 31,165 32,742 26,863 26,712 27,325 31,250 30,539 31,932 30,236 29,871 33,459 26,959 23,820 35,037 24,168 31,370 30,420 31,325 31,213 28,818 43,580 25,993 39,044 26^667 33,890 31,249 35,032 26,563 25,698 39,617 26,780 33,335 27,300 50,348 33,856 24,085 28,943 34,264 21,845 31,979 31,410 32,416 32,055 26,756 23,906 30,181 32,013 24,879 25,841 26,395 29,507 23,169 35,302 32,762 33,203 25,222 31,880 28,366 32,721 33,889 28,651 27,018 28,503 32,133 31,454 31,986 32,819 32,667 34,906 27,999 24,775 35,911 25,880 33,892 31,351 32,189 32,305 29,582 45,415 26,987 40,491 29,297 34,152 32,827 36,718 26,738 26,092 41,374 27,253 34,508 27,987 52,427 37,478 25,649 29,857 36,218 22,335 34,969 33,676 33,631 34,028 27,291 24,902 31,636 33,654 26,417 26,573 27,613 31,092 24,699 36,752 34,172 33,994 37,734 28,473 26,486 42,845 28,627 36,337 28,707 54,524 35,699 25,009 31,555 37,427 23,580 33,173 32,971 35,387 32,876 27,861 25,614 32,713 34,786 27,493 27,060 28,421 31,723 25,149 37,896 Montana............................ 34,269 36,630 38,753 34,589 36,716 38,555 Metropolitan portion............... 12,799 13,539 14,162 36,527 38,384 39,831 Nonmetropolitan portion....... Beaverhead................................ Big Horn..................................... Blaine........................................... Broadwater................................. Carbon......................................... Carter.......................................... Cascade..................................... Chouteau.................................... Custer.......................................... Daniels......................................... Dawson........................................ Deer Lodge................................. Fallon........................................... Fergus......................................... Flathead....................... ............... Gallatin........................................ Garfield........................................ Glacier......................................... Golden Valley.............................. Granite......................................... Hill................................................. Jefferson...................................... Judith Basin................................ Lake............................................. Lewis and Clark......................... Liberty.......................................... Lincoln......................................... McCone....................................... Madison....................................... Meagher..................................... 21,470 289 330 174 147 341 34 3,114 185 401 84 288 270 118 383 3,122 3,182 33 395 33 91 582 438 75 785 2,436 80 533 62 259 58 23,091 310 360 193 163 371 33 3,225 212 414 89 310 282 133 402 3,222 3,463 38 421 37 99 645 473 82 816 2,541 100 554 63 290 65 24,591 326 373 207 171 392 41 3,336 223 447 116 347 304 159 426 3,390 3,705 43 451 39 103 686 495 87 847 2,666 101 576 67 296 72 33,529 31,297 25,535 26,923 26,108 33,857 29,558 38,187 31,859 34,295 48,377 32,220 29,035 40,775 33,054 34,344 35,507 27,888 29,384 37,343 29,565 36,036 38,406 36,193 27,264 38,285 33,907 27,092 35,945 33,706 30,733 35,804 33,739 27,562 29,344 28,439 36,755 28,658 39,435 36,776 35,157 50,113 34,436 30,479 45,561 34,965 35,358 37,912 29,969 30,985 43,735 31,418 39,308 41,383 40,339 28,125 39,560 42,119 28,264 36,479 37,756 34,236 37,856 34,849 28,535 30,996 29,766 38,718 35,088 40,822 37,748 37,594 64,829 37,547 32,989 52,486 37,250 37,000 40,000 33,738 32,900 45,980 33,152 41,935 43,406 43,053 29,229 41,098 42,171 29,565 39,682 38,326 37,340 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income ' Personal income Per capita personal income1 Area 2012 43 45 110 58 83 36 33 84 98 87 62 69 55 44 60 27 96 106 26 103 46 51 59 48 81 3 97 9 88 38 39 15 92 108 4 91 23 89 1 29 113 68 16 115 49 52 32 54 99 109 56 34 102 105 94 65 111 14 38 55 48 50 24 37 17 28 29 1 30 43 4 33 34 20 40 44 8 41 14 10 11 53 16 13 51 21 26 32 2010 2011 Rank in state Dollars Millions of dollars 2012 Mineral......................................... Missoula...................................... Musselshell................................. Park.............................................. Petroleum.................................... Phillips......................................... Pondera....................................... Powder River............................... Powell........................................... Prairie.......................................... Ravalli.......................................... Richland...................................... Roosevelt.................................... Rosebud...................................... Sanders...................................... Sheridan..................................... Silver Bow................................... Stillwater..................................... Sweet Grass............................... Teton............................................ Toole............................................ Treasure...................................... Valley........................................... Wheatland................................... Wibaux......................................... Yellowstone................................. 112 3,702 140 527 12 136 209 45 184 37 1,201 454 308 325 292 156 1,282 314 98 215 198 24 280 59 28 5,609 117 3,892 153 577 16 154 244 49 199 38 1,255 554 312 342 301 171 1,457 340 103 251 243 32 312 68 29 6,015 120 4,060 167 608 20 168 249 56 209 44 1,313 653 360 352 313 205 1,536 360 109 257 271 35 353 71 33 6,335 2010 2011 26,500 33,824 30,896 33,831 25,241 31,921 33,956 26,025 26,227 30,803 29,774 46,647 29,431 35,038 25,608 46,257 37,453 34,499 27,093 35,336 37,147 33,633 37,941 27,350 27,351 37,785 27,545 35,342 32,466 37,286 33,215 36,602 39,474 27,716 28,127 32,942 31,059 54,593 29,588 36,492 26,430 49,673 42,388 37,159 28,586 41,304 46,968 44,261 41,687 31,730 29,207 40,125 2012 28,858 36,584 35,849 39,050 38,354 40,634 40,376 31,825 29,519 38,213 32,327 60,430 32,990 37,501 27,470 57,363 44,641 39,119 30,346 42,391 51,949 47,329 47,054 33,902 31,533 41,710 Nebraska........................... 73,069 80,420 83,521 39,935 43,654 45,012 Metropolitan portion............... 47,780 50,693 53,343 41,307 43,325 45,054 Nonmetropolitan portion........ Adams.......................................... Antelope...................................... Arthur........................................... Banner......................................... Blaine........................................... Boone.......................................... Box Butte.................................... Boyd............................................. Brown........................................... Buffalo.......................................... Burt.............................................. Butler........................................... Cass............................................. Cedar........................................... Chase.......................................... Cherry.......................................... Cheyenne.................................... Clay.............................................. Colfax........................................... Cuming........................................ Custer.......................................... Dakota.......................................... Dawes.......................................... Dawson........................................ Deuel........................................... Dixon............................................ Dodge.......................................... Douglas........................................ Dundy.......................................... Fillmore....................................... Franklin........................................ Frontier......................................... Furnas.......................................... Gage............................................ Garden......................................... Garfield........................................ Gosper......................................... Grant............................................ Greeley........................................ Hall............................................... Hamilton...................................... Harlan.......................................... Hayes........................................... Hitchcock.................................... Holt.............................................. Hooker......................................... Howard......................................... Jefferson..................................... Johnson....................................... Kearney....................................... Keith............................................. Keya Paha................................... Kimball......................................... Knox............................................. Lancaster.................................... Lincoln......................................... Logan........................................... Loup............................................. McPherson.................................. Madison....................................... Merrick......................................... Morrill........................................... 25,289 1,142 348 12 28 13 233 386 82 110 1,850 270 340 992 396 181 199 411 266 364 458 416 619 262 766 62 211 1,324 23,370 107 261 121 107 189 859 79 66 94 17 84 2,086 387 135 51 106 412 22 228 272 173 332 278 29 143 293 10,806 1,403 26 14 9 1,231 284 203 29,727 1,273 470 15 41 20 287 453 99 129 2,282 305 414 1,083 490 191 239 486 337 409 601 506 657 291 861 76 225 1,454 24,386 126 341 154 141 234 957 115 82 110 21 105 2,234 470 176 70 125 538 24 261 319 178 458 320 42 181 348 11,524 1,586 37 17 16 1,345 328 262 30,178 1,337 483 14 37 17 260 475 91 125 2,431 296 396 1,114 434 251 237 528 327 395 575 516 663 300 896 76 215 1,490 25,765 131 346 157 122 210 944 104 82 109 20 104 2,352 499 167 74 124 565 23 264 312 175 486 331 45 190 331 12,137 1,670 39 18 11 1,381 342 271 37,577 36,416 52,260 25,469 39,719 27,378 42,373 34,205 39,007 34,822 40,092 39,502 40,636 39,294 44,939 45,700 34,824 41,190 40,585 34,564 50,076 38,167 29,401 28,603 31,460 32,090 35,356 36,122 45,058 53,159 44,343 37,545 39,038 38,088 38,517 38,174 32,490 45,951 27,459 32,961 35,496 42,402 39,603 52,836 36,502 39,483 30,227 36,435 36,162 33,191 51,210 33,250 35,068 37,329 33,828 37,762 38,686 34,368 22,774 17,151 35,238 36,152 40,368 44,226 40,733 70,821 32,732 55,556 41,078 53,236 40,054 47,711 41,846 48,852 44,946 49,756 42,929 55,885 47,656 41,705 48,714 52,048 38,544 65,731 46,567 31,431 31,608 35,320 38,595 37,386 39,612 46,452 63,725 58,291 47,877 51,422 47,240 43,491 56,706 41,200 56,378 32,671 41,447 37,517 51,762 51,256 71,642 43,630 51,494 32,521 41,233 42,308 34,258 69,772 38,943 50,818 47,742 40,557 39,758 43,914 47,752 27,845 29,312 38,488 42,544 53,031 44,937 42,515 73,738 27,862 48,266 32,800 48,074 41,932 44,426 41,295 51,210 44,471 47,748 44,316 49,646 61,879 41,358 52,400 51,022 37,113 63,406 48,085 31,696 32,769 36,976 38,302 36,305 40,897 48,498 64,612 59,924 49,143 44,598 42,737 43,296 53,427 40,821 53,755 31,730 42,262 38,972 55,324 48,999 77,683 42,988 54,311 32,098 41,596 41,458 34,036 74,981 40,251 55,700 50,130 38,601 41,367 46,268 51,582 29,929 21,982 39,411 43,897 55,330 2012 54 35 36 23 25 18 19 46 52 27 45 2 42 31 56 3 9 22 49 12 5 6 7 39 47 15 54 3 92 31 86 33 58 44 65 20 43 35 46 25 6 64 17 21 82 5 32 90 87 83 79 84 67 29 4 7 26 42 53 48 16 68 15 89 56 74 12 27 1 51 14 88 60 62 85 2 69 10 24 76 63 37 19 91 93 72 47 11 December 2013 37 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Per capita personal income 1 Personal income Dollars Millions of dollars Area 2010 Nance......................................... Nemaha...................................... Nuckolls...................................... Otoe............................................. Pawnee....................................... Perkins........................................ Phelps........................................ Pierce.......................................... Platte........................................... Polk.............................................. Red Willow... .............................. Richardson................................. Rock............................................ Saline.......................................... Sarpy........................................... Saunders.................................... Scoffs Bluff................................. Seward....................................... Sheridan..................................... Sherman..................................... Sioux........................................... Stanton....................................... Thayer........................................ Thomas...................................... Thurston..................................... Valley........................................... Washington................................. Wayne.......................................... Webster...................................... Wheeler...................................... York.............................................. 2011 2012 2010 2011 2012 42,839 43,066 47,850 41,140 38,974 59,410 52,367 44,620 43,200 55,748 41,721 41,981 50,453 37,402 44,323 44,645 38,547 45,337 39,822 39,730 48,437 42,455 54,399 38,512 38.698 48,974 46,659 37,436 41,595 45,194 50,638 137 274 169 577 95 121 400 275 1,214 237 398 297 48 482 6,468 819 1,266 665 180 96 48 230 209 22 252 167 846 337 133 29 558 172 315 219 658 116 177 452 317 1,382 290 445 357 67 548 6,941 918 1,367 744 208 116 63 275 265 27 293 200 922 383 161 44 653 159 308 212 648 108 174 483 320 1,412 297 458 348 69 544 7,351 930 1,425 768 212 123 64 259 279 26 272 207 945 358 155 36 696 36,888 37,793 37,457 36,601 34,532 40,519 43,503 37,894 37,627 44,047 36,068 35,568 32,119 33,867 40,498 39,292 34,161 39,596 33,029 30,595 36,754 37,626 40,024 33,985 36,146 39,116 41,719 35,109 34,868 35,395 40,900 46,054 43.388 49,329 41,643 42,020 60,386 49,290 44,134 42,536 54,223 40,467 42,752 46,770 38,085 42,689 44,033 37,011 44,457 38,655 37,030 47,356 44,456 51,314 39,542 42,105 47,074 45,507 40,253 42,931 53,978 47,735 Nevada.............................. 99,206 101,717 105,450 36,692 37,396 38,221 Metropolitan portion.............. 89,188 91,150 94,488 36,629 37,172 37,956 Nonmetropolitan portion....... Churchill..................................... Clark............................................ Douglas...................................... Elko.............................................. Esmeralda.................................. Eureka......................................... Humboldt.................................... Lander......................................... Lincoln......................................... Lyon............................................. Mineral........................................ Nye.............................................. Pershing..................................... Storey .......................................... Washoe...................................... White Pine.................................. Carson City................................. 10,018 1,026 69,407 2,409 1,880 30 66 669 242 123 1,461 166 1,407 163 137 17,410 376 2,234 10,567 1,077 70,641 2,485 2,059 33 80 744 264 133 1,526 167 1,420 180 137 18,122 399 2,251 10,962 1,157 73,379 2,547 2,161 34 81 779 285 138 1,559 163 1,451 187 136 18,656 420 2,316 37,264 41,382 35,531 51,228 38,422 38,367 33,289 40,305 41,762 22,929 28.039 34,819 32,057 24,059 34,376 41,234 37,465 40,409 39,444 43,759 35,896 52,858 41,644 44,170 40,163 44,648 45,158 25,238 29,581 36,221 32,748 27,159 34,528 42,599 39,401 41,033 40,676 47,464 36,676 54,199 42,201 44,201 40,304 45,690 47,999 25,507 30,368 34,965 33,773 27,703 34,656 43,396 41,843 42,236 49,129 New Hampshire.............. 59,195 62,651 64,885 44,952 47,542 Metropolitan portion.............. 38,482 40,963 42,519 46,952 49,857 51,547 Nonmetropolitan portion...... Belknap...................................... Carroll.......................................... Cheshire..................................... Coos............................................ Grafton....................................... Hillsborough............................... Merrimack................................... Rockingham................................ Strafford...................................... Sullivan....................................... 20,712 2,501 2,021 3,095 1,171 3,946 18,760 6,361 15,130 4,593 1,617 21,689 2,668 2,106 3,246 1,191 4,170 19,758 6,632 16,294 4,911 1,675 22,366 2,733 2,169 3,367 1,213 4,310 20,471 6,822 16,961 5,087 1,751 41,655 41,610 42,264 40,170 35,537 44,273 46,779 43,434 51,221 37,282 36,982 43,708 44,331 44,202 42,237 36,558 46,875 49,169 45,237 55,030 39,710 38,621 45,106 45,308 45,597 43.812 37,801 48,331 50,806 46,482 56,952 40,985 40,662 New Jersey....................... 449,060 471,188 487,437 51,010 53,333 54,987 Metropolitan portion.............. Atlantic........................................ Bergen........................................ Burlington................................... Camden...................................... Cape May................................... Cumberland................................ Essex........................................... Gloucester.................................. Hudson........................................ Hunterdon................................... Mercer......................................... Middlesex................................... Monmouth.................................. Morris.......................................... Ocean.......................................... Passaic....................................... Salem......................................... Somerset.................................... Sussex........................................ Union........................................... Warren........................................ 449,060 10,909 57,977 21,499 21,812 4,727 5,432 40,365 12,025 29,282 8,388 19,134 38,688 36,115 33,875 23,461 21,074 2,633 22,726 7,301 26,854 4,782 471,188 11,319 61,374 22,367 22.778 4,895 5,590 42,121 12,630 31,672 8,861 19,567 41,105 37,597 35,674 24,311 22,043 2,723 23,821 7,522 28,240 4,976 487,437 11,595 64,248 23,054 23,387 5,034 5,767 43,231 12,993 32,637 9,164 20,519 42,887 38,660 36.880 25,076 22,580 2.786 24,861 7,682 29,275 5,121 51,010 39,711 63,950 47,849 42,457 48.588 34,589 51,448 41,663 46,064 65,346 52,124 47,689 57,251 68,725 40,611 41,997 39,889 70,116 48,930 49,932 43,998 53,333 41,187 67,240 49,626 44,359 50,695 35,560 53,538 43,658 49,113 69,360 53,271 50,336 59,669 71,933 41,986 43,857 41,192 73,068 50,650 52,281 46,011 54,987 42,099 69,919 51,079 45,540 52,276 36,551 54.879 44,868 50,033 72,131 55,714 52,108 61,426 74,057 43,200 44,900 42,350 75,863 52,105 53,816 47,570 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income1 Personal income Rank in state 2010 2012 52 50 34 66 73 8 18 41 49 9 59 57 23 81 45 40 77 38 70 71 30 55 13 78 75 28 36 80 61 39 22 3 11 1 8 5 10 4 2 17 15 12 14 16 13 6 9 7 6 5 7 10 3 2 4 1 8 9 20 4 12 15 9 21 7 17 13 3 6 10 5 2 18 16 19 1 11 8 14 2011 Rank in state Dollars Millions of dollars Area 2012 2010 2011 2012 New Mexico...................... 68,489 72,300 74,416 33,170 34,782 35,682 Metropolitan portion............... 46,442 48,737 50,033 33,789 35,224 35,968 Nonmetropolitan portion...... Bernalillo..................................... Catron.......................................... Chaves........................................ Cibola......................................... Colfax.......................................... Curry............................................ De Baca...................................... Dona Ana.................................... Eddy............................................ Grant............................................ Guadalupe.................................. Harding....................................... Hidalgo....................................... Lea............................................... Lincoln......................................... Los Alamos................................. Luna............................................. McKinley..................................... Mora............................................ Otero............................................ Quay............................................ Rio Arriba.................................... Roosevelt.................................... Sandoval..................................... San Juan..................................... San Miguel.................................. Santa Fe..................................... Sierra........................................... Socorro....................................... Taos............................................. Torrance...................................... Union........................................... Valencia...................................... 22,048 23,527 101 1,948 692 436 1,809 69 6,232 2,235 905 116 29 151 2,256 637 1,096 730 1,729 133 1,970 292 1,165 624 4,210 3,840 915 5,967 389 530 977 481 114 2,185 23,563 24,608 116 2,110 720 468 1,931 82 6,492 2,386 982 126 42 166 2,609 676 1,142 766 1,806 141 2,067 320 1,192 676 4,494 4,103 946 6,261 404 549 1,008 500 131 2,278 24,383 25,280 121 2,142 743 475 2,033 88 6,618 2,504 1,026 130 45 174 2,856 703 1,158 778 1,819 144 2,087 330 1,218 689 4,601 4,253 968 6,455 413 564 1,035 505 139 2,322 31,940 35,426 27,129 29,614 25,353 31,720 36,976 34,456 29,628 41,467 30,791 24,823 42,361 31,116 34,897 31,121 60,827 29,063 24,081 27,296 30,630 32,222 28,898 31,156 31,810 29,507 31,168 41,312 32,377 29,674 29,675 29,408 25,077 28,471 33,903 36,735 31,275 32,130 26,197 34,336 38,951 41,880 30,488 44,185 33,384 27,210 59,319 34,382 40,048 33,077 62,785 30,435 24,529 29,381 31,524 35,306 29,542 32,970 33,482 32,039 32,286 43,086 33,665 30,720 30,622 30,561 29,479 29,647 35,109 37,537 33,114 32,566 27,165 35,939 40,704 45,876 30,862 46,006 34,896 28,307 63,434 36,306 43,047 34,613 63,786 31,085 24,914 30,653 31,609 37,659 30,199 33,755 33,932 33,092 33,521 44,098 34,756 32,015 31,567 31,506 31,360 30,295 960,827 1,012,406 1,041,931 53,241 49,529 51,914 Metropolitan portion............... 912,737 962,383 990,697 50,767 53,219 54,564 Nonmetropolitan portion...... Albany.......................................... Allegany...................................... Bronx........................................... Broome........................................ Cattaraugus................................ Cayuga....................................... Chautauqua................................ Chemung.................................... Chenango................................... Clinton........................................ Columbia.................................... Cortland...................................... Delaware..................................... Dutchess..................................... Erie.............................................. Essex........................................... Franklin....................................... Fulton........................................... Genesee..................................... Greene........................................ Hamilton..................................... Herkimer..................................... Jefferson..................................... Kings............................................ Lewis............................................ Livingston................................... Madison...................................... Monroe....................................... Montgomery................................ Nassau ....................................... New York..................................... Niagara....................................... Oneida........................................ Onondaga................................... Ontario........................................ Orange........................................ Orleans....................................... Oswego....................................... Otsego........'............................... Putnam....................................... Queens....................................... Rensselaer................................. Richmond................................... Rockland..................................... St. Lawrence.............................. Saratoga..................................... Schenectady.............................. Schoharie................................... 48,089 14,853 1,385 43,431 7,148 2,778 2,737 4,224 3,167 1,672 2,962 2,597 1,569 1,535 13,335 37,084 1,366 1,616 1,972 2,035 1,839 205 2,147 5,102 97,173 870 2,130 2,482 31,181 1,653 88,283 176,466 7,499 8,562 19,033 4,466 15,004 1,302 3,900 2,054 5,341 92,478 6,437 22,536 16,414 3,317 10,250 6,657 1,170 50,023 15,251 1,435 45,452 7,405 2,884 2,902 4,396 3,313 1,771 2,997 2,750 1,662 1,608 14,060 39,163 1,424 1,665 2,045 2,104 1,939 214 2,226 5,348 104,285 910 2,218 2,580 33,153 1,684 93,003 187,662 7,962 8,878 20,078 4,736 15,672 1,350 4,020 2,153 5,584 97,366 6,665 23,471 17,144 3,443 10,738 6,809 1,221 51,233 15,632 1,469 46,592 7,580 2,945 2,962 4,491 3,384 1,847 3,079 2,834 1,714 1,671 14,463 40,377 1,472 1,708 2,082 2,149 1,996 222 2,259 5,328 106,995 919 2,275 2,627 34,478 1,720 95,473 193,233 8,153 9,052 20,868 4,855 16,106 1,380 4,114 2,202 5,721 101,468 6,844 24,001 17,867 3,526 11,081 6,989 1,230 33,861 48,860 28,300 31,298 35,674 34,612 34,239 31,345 35,654 33,205 36,067 41,201 31,839 32,090 44,784 40,348 34,769 31,343 35,543 33,876 37,431 42,374 33,297 43,769 38,719 32,132 32,604 33,814 41,878 32,903 65,819 111,122 34,635 36,456 40,721 41,327 40,168 30,381 31,932 33,018 53,523 41,376 40,373 47,997 52,521 29,650 46,590 42,968 35,792 35,273 50,066 29,443 32,561 37,166 36,105 36,341 32,744 37,313 35,262 36,632 43,922 33,504 33,784 47,148 42,585 36,138 32,312 37,012 35,016 39,587 44,381 34,447 45,260 41,053 33,585 34,183 35,405 44,385 33,697 69,105 116,843 36,883 37,916 42,943 43,633 41,855 31,356 32,948 34,742 55,883 43,150 41,687 49,839 54,301 30,649 48,572 43,970 37,405 36,245 51,176 30,368 33,080 38,271 37,058 37,228 33,628 38,056 36,987 37,703 45,341 34,639 35,343 48,643 43,932 37,777 32,975 37,913 35,836 41,018 46,362 35,020 44,301 41,703 33,774 35,103 36,298 46,105 34,435 70,761 119,347 37,899 38,758 44,700 44,740 43,005 32,212 33,803 35,689 57,431 44,645 42,821 50,986 56,230 31,414 49,886 45,051 38,308 New York........................... 2012 9 18 20 32 11 7 4 27 3 12 31 2 10 6 14 1 26 33 28 22 8 30 16 15 19 17 5 13 21 23 24 25 29 7 62 58 31 41 40 57 32 42 39 13 51 48 10 19 38 59 35 45 25 11 50 18 24 55 49 44 12 52 3 1 36 28 16 15 21 60 54 47 4 17 23 8 5 61 9 14 30 Local Area Personal Income 38 December 2013 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Per capita personal income1 Personal income Area Schuyler...................................... Seneca ........................................ Steuben...................................... Suffolk.......................................... Sullivan........................................ Tioga................................ ........... Tompkins.................................... Ulster........................................... Warren......................................... Washington................................. Wayne.......................................... Westchester................................ Wyoming..................................... Yates............................................ Millions of dollars Dollars 2010 2011 2012 2010 2011 2012 649 1,181 3,667 77,293 2,897 1,848 3.603 7,331 2,651 2,114 3,350 68,729 1,311 786 683 1,228 3,737 80,715 3,009 1,929 3.824 7,599 2,727 2,253 3,492 72,193 1,381 838 700 1,260 3,763 82,792 3,092 1,955 3,984 7,806 2,828 2,318 3,537 74,196 1,413 858 35,467 33.537 37,067 51,709 37,416 36.193 35,444 40,191 40,358 33,407 35.731 72.295 31,149 31,022 36.911 34,736 37.643 53.798 39,038 37,787 37,579 41,619 41,481 35,757 37,437 75,426 32,913 32,990 37,789 35.696 37.988 55.221 40,258 38,734 38.852 42,937 43,155 36,833 38,043 77,153 33,729 33,844 North Carolina................ 338,987 352,455 369,704 35,462 36,520 37,910 Metropolitan portion............... 273,309 285,066 299,078 37,151 38,294 39,658 Nonmetropolitan portion....... Alamance.................................... Alexander................................... Alleghany.................................... Anson .......................................... Ashe............................................ Avery ........................................... Beaufort....................................... Bertie........................................... Bladen......................................... Brunswick................................... Buncombe.................................. Burke........................................... Cabarrus...................................... Caldwell....................................... Camden....................................... Carteret....................................... Caswell........................................ Catawba...................................... Chatham..................................... Cherokee.................................... Chowan ....................................... Clay............................................. Cleveland.................................... Columbus................................... Craven...................... .................. Cumberland................................ Currituck...................................... Dare............................................. Davidson..................................... Davie........................................... Duplin.......................................... Durham........................................ Edgecombe................................ Forsyth......................................... Franklin........................................ Gaston......................................... Gates........................................... Graham........................................ Granville..................................... Greene......................................... Guilford........................................ Halifax.......................................... Harnett......................................... Haywood..................................... Henderson.................................. Hertford....................................... Hoke............................................ Hyde............................................ Iredell........................................... Jackson........................................ Johnston...................................... Jones........................................... Lee................................................ Lenoir........................................... Lincoln......................................... McDowell.................................... Macon.......................................... Madison....................................... Martin.......................................... Mecklenburg............................... Mitchell........................................ Montgomery............................... Moore.......................................... Nash............................................ New Hanover.............................. Northampton............................... Onslow......................................... Orange......................................... Pamlico........................................ Pasquotank................................. Pender......................................... Perquimans................................. Person......................................... 65,679 4,699 1,110 340 672 766 498 1,511 599 1,035 3,528 8,100 2,751 6,340 2,211 368 2,626 724 4,962 3,056 698 485 293 2,970 1,630 3,816 13,935 918 1,299 5,320 1,449 1,703 10,468 1,539 12,959 1,797 6,744 322 220 1,685 573 18,021 1,596 3,437 1,870 3,766 665 1,476 160 5,162 1,132 5,712 346 1,887 1,893 2.604 1,167 1,002 585 729 40,907 417 762 3,353 3,237 7,214 634 8,023 6,469 480 1,170 1,618 408 1,179 67,389 4,848 1,138 345 662 786 501 1,566 591 1,036 3,731 8,459 2,777 6,605 2,245 393 2,696 747 5,152 3,204 709 513 298 3,064 1,630 3,911 14,470 973 1,356 5,584 1,535 1,710 10,943 1,542 13,438 1,837 6,959 335 225 1,763 603 18,723 1,632 3,525 1,925 3,922 665 1,632 178 5,482 1,150 5,961 362 1,921 1,969 2,792 1,206 1,039 600 742 43,118 426 779 3,514 3,284 7,624 657 8,236 6.824 506 1,189 1,698 418 1,184 70,626 5,068 1,194 361 696 821 522 1,633 634 1,087 3.900 8,885 2,868 7,025 2,304 425 2,824 777 5,358 3,345 741 546 310 3,202 1,703 4,094 14,773 1,017 1,425 5,798 1,597 1,849 11,455 1,606 14,176 1,910 7,243 361 235 1,857 634 19,553 1,698 3,671 2,008 4,098 702 1,681 195 5,856 1,199 6,160 390 1,990 2,051 2.901 1,251 1,085 630 777 45,957 440 821 3,669 3,394 7,859 698 8,422 7,132 532 1,251 1,760 448 1,227 29,822 31,022 29.813 30,489 24,998 28,115 28,103 31,641 28,227 29,414 32,644 33,911 30,306 35,514 26,658 36,849 39,356 30,583 32,168 47,946 25,437 32,840 27.731 30.300 28,134 36.732 43,511 38,809 38.193 32,666 35,080 29,029 39,001 27,210 36,879 29,554 32,715 26,501 24,828 28,076 26,821 36,802 29,256 29,690 31,705 35,215 27,043 31,090 27.537 32,311 28,061 33,672 34.295 32,611 31,859 33,214 25,909 29,534 28,167 29.814 44.301 26,824 27,464 37,873 33,761 35,484 28,785 44,699 48,166 36,624 28,745 30,894 30,244 29,892 30,534 31,730 30,674 31,368 24,975 28,952 28,209 32,863 28,189 29.602 33,832 35,024 30,567 36,478 27,287 39,053 40,027 31.719 33.461 49,084 26,115 34,538 27,977 31,404 28,189 37,420 44,759 40.643 39.555 34,241 37,091 28,688 39,989 27.494 37.911 30,023 33,631 27.720 25,699 29.319 27.824 37.799 30,043 29,554 32,770 36.461 27,126 32,963 30,381 34,048 28.556 34.495 35,355 32,785 33,143 35,415 26.824 30,684 28,821 30.603 45,615 27,738 27,946 39.320 34,245 37,020 29,869 46,418 50,390 38,004 29.462 31,744 31,051 29,938 31,948 32,929 32,402 33,011 26,409 30,290 29,602 34,379 30.704 31,127 34,739 36,341 31,694 38,079 28,121 42,078 41,761 33,466 34,716 50.697 27.459 36,980 29.221 32.852 29.551 39,078 45,590 42,239 41,208 35,513 38.552 30,804 40,963 28.697 39,583 31,063 34,812 30,387 26.988 30,722 29,576 39,037 31,433 30,059 34,080 37,856 28,728 33,268 33,302 35,994 29,638 35,210 37,924 33,332 34,630 36,580 27,808 32,028 30,369 32,414 47,426 28,657 29,661 40,636 35.459 37,559 32,555 45,953 51,702 40.704 30,811 32,480 33,019 31,237 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income1 Personal income Rank in state 2012 37 46 34 6 26 29 27 22 20 43 33 2 56 53 2010 2011 Rank in state Dollars 2012 2010 2011 Union........................................... Vance........................................... Wake............................................ Warren......................................... Washington................................. Watauga..................................... Wayne.......................................... Wilkes................................. ........ Wilson.......................................... Yadkin.......................................... Yancey ......................................... 5,529 733 4,138 1,288 3,332 2.813 4,090 1,751 1,934 1,038 1.814 1,428 2,173 393 985 111 7,070 1,327 38,576 508 389 1,522 3,805 2,152 2,663 1,165 459 5,775 785 4,244 1,286 3,404 2,889 4,188 1,810 1,969 1,036 1,865 1,495 2,247 408 1,025 117 7,570 1,355 40,194 529 381 1,563 3,963 2,195 2,738 1,190 469 6,168 816 4,425 1,344 3,577 2,996 4,334 1,893 2,099 1,068 1,966 1,547 2,352 418 1,074 129 7,951 1,402 42,693 553 405 1,622 4,177 2,309 2,882 1,251 490 32,758 35,849 29.171 27,606 24,792 30,057 29,560 25,838 30,454 28,755 29,965 30,159 29,496 28,050 29,778 25.171 34,972 29,263 42,536 24,282 29,488 29,835 30,961 31,089 32,757 30,338 25,803 33.831 38,695 29,880 27,552 25,220 31,015 30,323 26,843 30,949 28.494 30,867 31,673 30,531 29,067 31.239 26,785 36,891 29,972 43,280 25,292 29,368 30,260 32,003 31,712 33,605 31,086 26.505 35,743 40,232 31,062 28,820 26,399 32,307 31,365 28,123 32,818 29,592 32,463 33,064 31,970 29.554 32,689 29,646 38,130 31,058 44,839 26,882 31,825 31,273 33,620 33.313 35,197 32,859 27,815 North Dakota.................... 29,154 43,232 16,243 40,990 47,218 43,982 54.871 47,260 McIntosh..................................... McKenzie.................................... McLean........................................ Mercer.......................................... Morton......................................... Mountrail..................................... Nelson.......................................... Oliver........................................... Pembina...................................... Pierce........................................... Ramsey........................................ Ransom....................................... Renville........................................ Richland....................................... Rolette......................................... Sargent........................................ Sheridan..................................... Sioux............................................ Slope............................................ Stark ............................................ Steele........................................... Stutsman..................................... Towner......................................... Traill............................................. Walsh........................................... Ward............................................ Wells............................................ Williams....................................... 13,631 15,523 100 520 247 47 310 155 94 3,444 6,432 212 265 98 170 91 152 150 63 2,563 111 112 117 107 241 92 207 115 357 448 374 987 417 133 100 376 165 465 223 122 670 401 201 65 105 49 1,162 119 877 111 364 464 2,699 206 1,280 32,332 14,798 38,390 Metropolitan portion............... Nonmetropolitan portion........ Adams.......................................... Barnes........................................ Benson......................................... Billings......................................... Bottineau..................................... Bowman...................................... Burke........................................... Burleigh....................................... Cass............................................. Cavalier........................................ Dickey .......................................... Divide........................................... Dunn............................................ Eddy............................................. Emmons...................................... Foster........................................... Golden Valley.............................. Grand Forks................................ Grant............................................ Griggs.......................................... Hettinger..................................... Kidder.......................................... LaMoure...................................... 17,534 99 537 253 62 320 164 115 3,785 7,068 220 296 110 245 95 164 157 55 2,687 115 111 106 106 280 111 208 130 485 418 388 1,047 547 135 97 336 178 484 242 133 711 422 194 57 114 46 1,453 110 927 110 360 445 3,017 227 2,051 22,147 139 623 322 79 452 193 140 4,085 7,714 254 359 158 342 128 204 213 78 2,974 149 147 125 129 303 133 275 148 656 527 421 1,225 728 175 126 426 208 524 308 168 868 452 268 72 118 66 1,892 157 1,045 150 436 539 3,514 333 3,123 45,412 42,629 47,033 36,935 60,689 48,281 49,396 47,981 42,147 42.805 53.175 50,190 47,238 48,089 38,327 42,784 44,766 37,614 38,267 46,419 46,616 47,269 43,559 58,514 45,918 38,367 40,950 55.806 49,921 44,382 35,763 54,039 42,519 54,409 50,825 37.856 40,557 41,075 49,370 41,042 28,662 52,997 49,197 25,288 67,942 47,741 60,562 41,541 49,646 44,915 41.857 43,484 49.176 56,680 50,345 43,055 48,398 37,690 74,928 49.379 52,320 55,769 45.380 46,311 55,600 56,188 51.495 65,386 40,201 46.506 46,757 31,439 40,372 49,039 46,648 41,923 43,520 68.239 56,510 37,926 47,043 69,174 46,083 46,123 37,704 67,536 43,885 52,466 45,450 40,615 42,092 44,730 53,493 43,727 29,780 50,933 43,542 26,793 63,858 57,773 54,089 44,237 47.832 44,639 40,338 46,911 53.898 83,992 62,221 60,301 56,602 47,571 86,785 68,656 60,162 64.314 47,627 49,402 64,341 68,115 70,915 86,205 53,960 58,336 62,941 43,359 44,077 64,009 62,040 48,987 53,179 73,721 69,317 47,452 53,780 82,171 56,568 49,650 43,600 83,320 56.872 68.555 58,548 46,760 45,404 56.552 65,717 53.553 31,438 68,673 56,477 27,114 87,563 70,676 78,739 49,929 64,529 53,973 48,758 54,230 78,001 116,978 Pitt................................................ Polk.............................................. Randolph.................................... Richmond.................................... Robeson..................................... Rockingham................................ Rowan.......................................... Rutherford................................... Sampson..................................... Scotland...................................... Stanly........................................... Stokes.......................................... Surry............................................ Swain........................................... Transylvania................................ Tyrrell.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . 48 57 47 99 77 82 37 74 67 34 26 62 20 93 8 9 40 35 2 96 24 87 50 86 16 5 7 10 29 18 72 11 90 15 68 33 75 97 73 84 17 63 78 38 22 89 44 43 27 81 31 21 41 36 25 95 59 76 56 3 91 79 13 30 23 53 4 1 12 71 54 46 66 Millions of dollars Area Logan.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . McHenry.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . 2012 Ohio................................... 418,535 446,136 462,424 Metropolitan portion............... 345,432 368,154 382,415 36,274 37,771 38,657 40,224 40,057 41,730 Nonmetropolitan portion........ Adams.......................................... Allen............................................. Ashland........................................ Ashtabula.................................... 73,104 731 3,241 1,509 2,978 77,981 781 3,387 1,587 3,140 80,009 778 3,474 1,637 3,257 30,549 25,564 30,513 28,385 29,361 32,650 27,409 32,034 29.899 31,061 33,614 27,429 33,044 30,904 32,440 2012 28 14 69 88 100 58 64 92 51 83 55 45 60 85 52 80 19 70 6 98 61 65 39 42 32 49 94 24 29 45 3 14 25 20 44 41 19 16 10 4 35 27 22 51 49 21 23 42 38 9 12 46 36 6 30 40 50 5 28 15 26 47 48 31 17 37 52 13 32 53 2 11 7 39 18 34 43 33 8 1 83 55 73 60 December 2013 39 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues 2010 2011 Athens........................................ Auglaize...................................... Belmont...................................... Brown.......................................... Butler Carroll.......................................... Chamoaian................................. Clark ........................................... Clermont..................................... Clinton......................................... Columbiana................................ Coshocton..... Crawford..................................... Cuyahoga................................... Darke........................................... Defiance..................................... Delaware Erie.............................................. Fairfield....................................... Fayette........................................ Franklin....................................... Fulton......................................... Gallia.......................................... Geauga....................................... Greene....................................... Guernsey.................................... Hamilton..................................... Hancock...................................... Hardin......................................... Harrison...................................... Henry........................................... Highland..................................... Hocking....................................... Holmes....................................... Huron..... Jackson ...................................... Jefferson..................................... Knox............................................ Lake............................................. Lawrence Licking......................................... Logan .......................................... Lorain.......................................... Lucas .... Madison....................................... Mahoning.................................... Marion. .. Medina......................................... Meigs........................................... Mercer Miami Monroe ................................... Montgomery............................... Morgan....................................... Morrow....................................... Muskingum................................. Noble........................................... Ottawa........................................ Paulding...................................... Perry............................................ Pickaway..................................... Pike.............................................. Portage........................................ Preble Putnam Richland..................................... Ross............................................ Sandusky.................................... Scioto.......................................... Seneca........................................ Shelby.......................................... Stark............................................ Summit Trumbull...................................... Tuscarawas................................. Union........................................... Van Wert..................................... Vinton.......................................... Warren........................................ Washington................................. Wayne.......................................... Williams...................................... Wood........................................... Wyandot..................................... 1,788 1,639 2,078 1,303 13,115 771 1,187 4,651 6,959 1,317 3,063 1,065 1,275 52,933 1,726 1,233 9,821 2,872 4,837 948 45,203 1,415 961 4,539 6,041 1,152 35,739 2,798 877 439 935 1,162 811 1,087 1,778 931 2,117 1,871 8,897 1 845 5£07 1,510 10,393 15,187 1,439 7,970 2,067 6,686 594 1,437 3,644 416 19,618 353 1,030 2,585 299 1,569 584 886 1,751 827 5 608 i 326 <172 1,857 1,819 2,213 1,366 13,803 818 1,259 4,906 7,336 1,383 3,284 1,144 1,377 56,224 1,843 1,312 11,001 3,019 5,078 1,024 48,345 1,520 993 4,842 6,449 1,227 38,072 3,036 954 470 1,010 1,219 858 1,208 1,874 965 2,235 2,004 9,529 1,936 6,319 1,590 11,138 16,078 1,534 8,569 2,189 7,229 614 1,583 3,917 451 20,663 378 1,106 2,777 314 1,670 645 942 1,870 874 5,991 1,416 1,306 3,896 2,430 2,044 2,364 1,800 1,695 13,654 22,372 6,751 2,893 1,973 1,036 346 9,437 2,142 3,599 1,256 4,800 778 461 21,264 387 1,124 2,836 328 1,709 647 953 1,937 895 6,224 1,445 1,330 3,979 2,486 2,074 2,390 1,814 1,746 14,142 23,258 6,895 3,000 2,036 1,062 358 9,881 2,225 3,743 1,298 4,948 789 3,692 2,277 1,951 2,275 1,688 1,587 12,706 21,216 6,371 2,689 1,798 960 324 8,716 2,002 3,405 1,176 4,499 707 Rank in state Dollars Millions of dollars Area 2012 1,896 1,868 2,319 1.400 14,398 '832 1,300 5,018 7,648 1,418 3,407 1,166 1,419 58,299 1,860 1,369 11,609 3J12 5,299 1,045 50,959 1,553 1,029 5,072 6,650 1,274 39,632 3,137 953 482 1,026 1,237 887 1,258 1,911 989 2,291 2,075 9,912 1 973 6£76 1,652 11 £66 16,443 1,583 8,698 2,224 7'546 629 1 577 4'038 2010 2011 2012 27,586 35,700 29,533 29,030 35,561 26,772 29,666 33,650 35,191 31,444 28,409 28,876 29,140 41,403 32,578 31,614 56,036 37>73 28,706 39,749 31,571 30,576 37,311 28,359 31,632 35,609 36,962 32,974 30,622 31,013 31,796 44,272 34,989 33,750 61,589 39£82 34,459 35,395 40,996 35,756 32,197 51,891 39,497 30,800 47,549 40,421 29,953 29,759 35,778 28,079 29,183 28,264 31,548 29,085 32,431 32,723 41,453 31,040 37,793 34,837 36,903 36,548 35,599 36,209 32,902 41,687 25,913 38,808 38’097 34£24 29,730 29,162 32,055 28,605 29,803 32,158 33,845 39,169 30,345 29,045 34,340 33,477 24,143 40,871 32,439 29,747 31,319 35,845 31,290 30J10 38.626 25,095 31,681 32,224 21,379 40,314 33,231 26,003 33,349 30,552 37,064 33 £97 38,022 31,642 31,298 33,724 29,845 31,917 34,391 36,477 41,336 32,323 31,280 37,195 36,109 25,834 43,823 34,799 31,376 33,407 37,821 34,367 29,490 40,766 33,281 31,536 38,852 29,110 32,868 36,572 38,416 33,845 31,988 31,694 33,109 46,082 35,426 35,389 64,115 40735 35,929 36,191 42,624 36,539 33,496 54,138 40,653 31,999 49,413 41,461 30,136 30,700 36,586 28,766 30,303 29,244 32,245 30,005 33,502 34,174 43,173 31,770 39,850 36,326 38,365 37,542 36,769 36,991 33,578 43,446 26,650 38,582 39,181 31,707 39,795 25,966 32,178 33,000 22,487 41,337 33,549 26,459 34,345 31,431 38,549 34 £00 38,884 32,437 32,101 34,274 30,452 32,388 35,515 37,725 43,006 33,245 32,472 38,615 36,951 27,042 45,482 36,193 32,595 34,613 38,593 34,893 33,044 32,647 38,766 33,176 31,023 48,599 37,374 28,784 44,560 37,458 27,324 27,703 33,275 26,661 27,577 25,614 29,835 27,977 30,414 30,651 38,672 29,560 35,427 32,982 34,466 34,394 33,131 33,440 31,102 38,746 25,039 35,245 35,568 28£64 36,607 23,473 29,586 29,991 20,457 37,910 29,818 24,561 31,379 28,810 34,746 3<444 Oklahoma......................... 135,063 147,430 154,958 35,926 38,960 40,620 Metropolitan portion.............. 92,571 101,737 106,888 38,216 41,607 43,235 Nonmetropolitan portion Adair............................................ Alfalfa........................................... Atoka........................................... Beaver........................................ 42,491 492 167 377 211 45,693 495 209 378 240 48,071 502 239 395 251 31,778 21,668 29,646 26,615 37,455 34,125 22,009 36,912 26,729 42,644 35,805 22,522 42,154 28,191 44,876 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income1 Personal income Per capita personal income 1 Personal income 2012 79 12 52 71 19 81 57 32 24 47 67 70 54 4 39 40 1 13 37 36 9 33 51 2 14 66 3 10 77 74 31 82 76 80 63 78 50 46 7 68 15 34 25 27 30 28 48 6 85 22 17 69 16 87 64 56 88 11 49 86 44 72 23 43 18 61 65 45 75 62 38 26 8 53 59 20 29 84 5 35 58 42 21 41 77 18 74 8 Beckham..................................... Blaine........................................... Bryan........................................... Caddo......................................... Canadian.................................... Carter......................................... Cherokee.................................... Choctaw...................................... Cimarron..................................... Cleveland.................................... Coal............................................. Comanche.................................. Cotton......................................... Craig............................................ Creek........................................... Custer......................................... Delaware..................................... Dewey......................................... Ellis.............................................. Garfield....................................... Garvin......................................... Grady........................................... Grant............................................ Greer........................................... Harmon....................................... Harper......................................... Haskell........................................ Hughes....................................... Jackson....................................... Jefferson..................................... Johnston..................................... Kay............................................... Kingfisher.................................... Kiowa........................................... Latimer........................................ Le Flore...................................... Lincoln........................................ Logan........................................... Love............................................. McClain....................................... McCurtain................................... McIntosh..................................... Major............................................ Marshall...................................... Mayes.......................................... Murray.......................................... Muskogee................................... Noble........................................... Nowata........................................ Okfuskee..................................... Oklahoma................................... Okmulgee................................... Osage"........................................ Rank in state Dollars Millions of dollars Area 2010 2011 2012 2010 2011 2012 741 301 1.216 802 4,337 1,708 1,320 423 88 9,038 158 4,532 221 461 2,209 930 1,236 178 153 2,324 899 1,582 169 163 84 115 388 364 885 164 320 1,577 535 278 363 1,352 996 1,484 357 1,393 906 586 266 418 1,167 464 2,192 335 289 283 29,366 <140 875 337 1,262 855 4,802 1,864 1,354 435 108 9,722 172 4,644 233 470 2,356 1,097 1,297 217 194 2,462 964 1,758 191 170 87 129 413 415 913 179 339 1,670 605 293 380 1,395 1,073 1,688 374 1,515 940 625 319 464 1,210 500 2,287 363 311 303 32,665 1,183 1,816 1,012 512 2,698 1,589 1,347 2,377 339 157 3,312 812 1,165 1,890 754 232 29,403 2,496 2,142 386 345 850 989 356 1,321 899 5,093 1,971 1,427 450 105 10,264 179 4,664 239 489 2,446 1,184 1,333 233 208 2,674 1,024 1,828 216 181 94 136 430 430 933 173 357 1,740 648 308 404 1,419 1,116 1,781 396 1,601 960 642 330 493 1,259 524 2,376 392 324 315 34,514 1,215 1,863 1,056 522 2,837 1,632 1,395 2,494 351 174 3,448 855 1,201 1,988 785 243 31,066 2,608 2,243 428 389 910 33,615 30,392 28,509 27,018 37,282 35,865 27,998 27,775 35,932 35,169 26,818 36,134 35,820 30,602 31,487 33,800 29,755 36,831 36,756 38,243 32,638 30,119 37,192 26,181 28,886 31,216 30,462 26,002 33,451 25,532 29,122 33,968 35,494 29,543 32,574 26,794 29,034 35,291 37,763 40,117 27,307 28,868 35,412 26,368 28,259 34,377 30,829 28,983 27,472 23,157 40,727 28,395 34,831 30,919 30,286 32,051 33,222 32,906 32,433 27,781 37,309 35,298 29,024 26,987 36,813 32,772 28,311 43,297 31,993 40,059 30,604 31,138 35,647 39,229 34,842 29,278 28,891 40,204 38,867 28,317 28,612 43,901 37,171 28,824 36,933 37,693 31,418 33,413 39,500 31,336 45,548 47,862 40,641 35,187 33,304 41,934 27,582 29,784 34,883 32,469 29,944 34,587 27,698 30,618 36,334 40,057 31,183 34,188 27,806 31,281 39,165 39,810 43,161 28,272 30,724 41,918 29,123 29,328 36,711 32,326 31,447 29,270 24,565 44,774 29,655 37,736 31,723 30,481 34,632 34,808 35,741 33,847 29,774 41,307 37,736 31,925 27,807 41,949 35,665 29,029 48,343 33,677 41,628 33,316 39,451 42,385 42,836 36,414 30,434 30,294 41,558 40,998 29,642 29,671 44,090 38,639 30,041 36,905 38,781 33,177 34,619 41,485 32,174 48,775 50,612 43,705 37,509 34,418 47,899 29,778 32,260 36,897 33,221 31,049 35,574 27,088 32,415 37,970 43,162 33,105 36,668 28,450 32,633 40,789 41,473 44,967 28,909 31,177 43,005 30,882 30,586 38,372 33,653 33,982 30,511 25,514 46,528 30,674 38,877 32,764 31,676 36,186 36,236 36,742 35,247 31,336 46,202 39,022 33,577 29,010 44,391 36,504 31,097 50,611 34,753 43,448 36,809 44,049 44,285 Ottawa........................................ Pawnee....................................... Payne........................................... Pittsburg...................................... Pontotoc...................................... Pottawatomie.............................. Pushmataha............................... Roger Mills.................................. Rogers........................................ Seminole..................................... Sequoyah.................................... Stephens.................................... Texas............................................ Tillman........................................ Tulsa............................................ Wagoner..................................... Washington................................. Washita....................................... Woods.......................................... Woodward................................... 1,652 985 503 2,482 1,522 1,237 2,259 322 136 3,073 739 1,144 1,660 682 226 26,203 2,349 2,046 355 277 712 Oregon.............................. 137,672 146,001 152,722 35,869 37,744 39,166 Metropolitan portion............... 117,661 124,804 130,803 36,944 38,812 40,277 Nonmetropolitan portion...... Baker........................................... Benton........................................ Clackamas.... ............................. Clatsop....................................... Columbia.................................... Coos............................................ Crook........................................... Curry............................................ Deschutes................................... Douglas...................................... Gilliam.......................................... Grant............................................ Harney........................................ Hood River.................................. Jackson....................................... 20,010 479 3,145 16,538 1,238 1,603 1,977 596 698 5,613 3,246 70 221 211 755 6,842 21,198 498 3,306 17,584 1,329 1,678 2,080 624 731 5,965 3,413 76 232 221 807 7,146 21,918 517 3,447 18,535 1,383 1,746 2,142 667 759 6,239 3,471 73 241 229 850 7,490 30,626 29,753 36,776 43,866 33,387 32,490 31,347 28,544 31,198 32,482 31,055 38,439 46,275 35,747 33,990 33,125 30,193 32,560 37,263 31,783 39,081 31,323 29,941 36,017 34,907 33,631 32,523 39,880 48,286 37,078 35,427 34,254 32,164 34,131 38,448 32,389 37,173 32,908 31,699 37,626 36,289 30,136 37,397 29,599 28,524 33,633 33,628 2012 17 37 65 66 19 22 70 69 11 27 67 31 26 49 43 20 55 3 1 13 30 44 4 68 54 32 48 60 40 75 53 29 15 50 35 73 52 23 21 7 72 58 16 61 63 28 46 45 64 76 5 62 25 51 56 39 38 34 41 57 6 24 47 71 9 36 59 2 42 14 33 12 10 27 6 2 11 17 21 29 22 7 28 10 24 30 8 13 December 2013 Local Area Personal Income 40 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Millions of dollars Area Rank in state Dollars 2010 2011 2012 2010 2011 2012 Jefferson..................................... Josephine................................... Klamath...................................... Lake............................................. Lane............................................. Lincoln......................................... Linn.............................................. Malheur........................................ Marion......................................... Morrow......................................... Multnomah.................................. Polk.............................................. Sherman..................................... Tillamook.................................... Umatilla........................................ Union........................................... Wallowa...................................... Wasco.......................................... Washington................................. Wheeler...................................... Yamhill......................................... 587 2,424 1,921 232 11,670 1,518 3,396 762 10,474 404 29,058 2,342 92 839 2,285 787 232 825 21,342 38 3,215 623 2,515 2,005 261 12,236 1,611 3,530 795 10,888 443 31,058 2,424 100 877 2,442 846 245 894 23,076 42 3,399 655 2,601 2,066 269 12,743 1,679 3,667 817 11,249 465 32,716 2,508 101 907 2,527 878 256 923 24,314 44 3,548 27,086 29,254 28,946 29,485 33,160 32,983 29,050 24,340 33,144 36,083 39,401 30,971 52,036 33,207 30,043 30,531 32,966 32,673 40,159 25,984 32,356 28,725 30,416 30,245 32,946 34,614 35,119 29,882 25,849 34,257 39,633 41,516 31,893 57,735 34,529 31,858 32,832 35,027 35,457 42,777 29,785 34,055 30,126 31,361 31,343 34,648 35,941 36,374 30,984 26,675 35,156 41,355 43,089 32,846 58,375 35,863 32,901 34,091 37,479 36,216 44,396 30,659 35,386 Pennsylvania.................... 529,808 558,345 575,425 41,680 43,813 45,083 Metropolitan portion............... 481,261 507,024 522,670 42,962 45,117 46,406 48,547 3,406 58,165 2,273 6,310 1,545 15,427 4,331 1,999 33,308 7,823 4,690 172 2,154 5,803 29,254 1,330 2,591 1,234 2,075 2,741 10,100 11,019 27,288 1,135 9,475 4,469 181 5,118 465 1,291 1,356 3,084 1,448 759 8,131 19,386 2,990 5,141 14,103 11,652 3,954 1,428 3,774 1,394 5,359 50,941 759 11,615 3,126 1,597 59,610 2,032 577 4.825 1,234 2,568 199 1,357 1,224 1,387 1,826 1,343 8,883 1,736 14,682 905 16,250 51,321 3,516 61,542 2,453 6,662 1,630 16,225 4,562 2,229 34,427 8,429 4,956 180 2,213 6,135 31,338 1,389 2,756 1,333 2,146 2,892 10,685 11,508 28,785 1,198 10,108 4,634 190 5,393 493 1,414 1,414 3,273 1,514 791 8,441 20,437 3,132 5,433 14,852 12,128 4,298 1,557 3,987 1,457 5.585 53,449 815 12,184 3,318 1,676 62,633 2,113 598 5,014 1,282 2,615 217 1,439 1,358 1,474 1,908 1,452 9,485 1,803 15,635 966 17,188 52,754 3,625 63,677 2,542 6,883 1,676 16,727 4,649 2,364 35,540 8,708 5,043 180 2,292 6,345 32,289 1,408 2,819 1,376 2,220 2,972 11,025 11,923 29,639 1,231 10,292 4,769 196 5,558 508 1,520 1,435 3,380 1,547 814 8,633 21,119 3,222 5,582 15,405 12,409 4,480 1,618 4,089 1,500 5,702 55,021 839 12,639 3,413 1,716 64,152 2,161 608 5,130 1,312 2,638 224 1,484 1,389 1,525 1,929 1,486 10,321 1,849 16,090 996 17,568 32,166 33,580 47,527 33,013 36,987 31,073 37,462 34,088 31,931 53,249 42,503 32,687 33,876 33,031 37,633 58,539 33,317 31,766 31,434 30,821 30,911 42,807 41,074 48,784 35,616 33,748 32,735 23,481 34,143 31,299 33,429 29,536 34,727 32,015 30,935 37,921 37,257 32,865 38,444 40,284 36,309 34,037 32,938 32,386 29,874 31,529 63,586 41,489 38,968 33,127 34,733 39,000 35,448 33,032 32,556 31,045 33,053 31,026 31,296 29,139 30,858 33,243 32,166 42,731 32,770 40,214 32,019 37,307 34,080 34,628 50,138 35,706 39,104 32,991 39,330 35,853 35,387 54,915 45,637 34,749 36,040 33,975 39,651 62,220 34,868 33,819 33,726 32,097 32,824 45,133 42,776 51,442 37,703 35,972 34,039 24,550 35,743 33,373 36,797 30,705 36,959 33,685 31,762 39,316 39,013 34,644 40,427 42,012 37,772 36,833 36,036 34,323 31,151 32,857 66,389 44,536 40,816 35,114 36,561 40,708 36,715 34,284 33,970 32,339 33,799 33,431 33,429 32,025 32,775 34,883 35,016 45,565 34,460 42,883 34,318 39,329 35,159 35,720 51,798 37,164 40,428 33,977 40,453 36,570 37,653 56,678 47,076 35,620 36.438 35,251 40,894 63,741 35,509 34,718 34,819 33,185 33,932 46,206 44,216 52,823 39,030 36,671 35,155 25,540 36,743 34,375 39,904 31,231 38,315 34,566 32,705 40,254 40,088 35,853 41,268 43,364 38,654 38,239 37,506 35,355 32,078 33,781 68,057 45,733 42,233 36,144 37,547 41,452 37,976 34,585 34,882 33,075 34,281 34,704 34,764 32,623 33,929 35,548 36,121 49,450 35,582 44,278 35,418 40,124 Nonmetropolitan portion....... Adams......................................... Allegheny.................................... Armstrong................................... Beaver......................................... Bedford........................................ Berks........................................... Blair............................................. Bradford....................................... Bucks........................................... Butler........................................... Cambria....................................... Cameron...................................... Carbon......................................... Centre.......................................... Chester........................................ Clarion......................................... Clearfield.................................... Clinton......................................... Columbia.................................... Crawford..................................... Cumberland................................ Dauphin...................................... Delaware.................................... Elk................................................ Erie.............................................. Fayette......................................... Forest.......................................... Franklin........................................ Fulton........................................... Greene......................................... Huntingdon................................. Indiana......................................... Jefferson..................................... Juniata......................................... Lackawanna................................ Lancaster.................................... Lawrence.................................... Lebanon....................................... Lehigh.......................................... Luzerne ...................................... Lycoming.................................... McKean........................................ Mercer......................................... Mifflin........................................... Monroe........................................ Montgomery............................... Montour....................................... Northampton............................... Northumberland......................... Perry............................................ Philadelphia................................ Pike.............................................. Potter........................................... Schuylkill...................................... Snyder......................................... Somerset.................................... Sullivan........................................ Susquehanna............................. Tioga............................................ Union........................................... Venango ...................................... Warren......................................... Washington................................. Wayne.......................................... Westmoreland............................ Wyoming...................................... York.............................................. See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income' Personal income Per capita personal income1 Personal income 2010 2012 35 31 32 20 15 12 33 36 19 5 4 26 1 16 25 23 9 14 3 34 18 39 5 31 18 57 17 34 28 3 7 40 35 46 16 2 43 51 49 61 58 8 11 4 23 33 47 67 32 55 22 66 25 54 63 19 21 38 15 12 24 26 30 45 65 60 1 9 13 36 29 14 27 53 48 62 56 52 50 64 59 42 37 6 41 10 44 20 Millions of dollars Area Rhode Island.................... Metropolitan portion............... Bristol........................................... Kent............................................. Newport...................................... Providence.................................. Washington................................. South Carolina................ Metropolitan portion............... 45,268 45,268 2,641 7,555 4,226 24,711 6,135 151,537 130,239 2011 2012 2010 2011 2012 45,877 45*877 48,184 48*184 42,999 44,621 2,853 8,030 4,530 26,166 6,606 42,999 52,961 45,503 50,997 39,407 48,328 44,621 55,911 47,281 53,314 40,692 50,605 159,747 137*512 165,595 142*720 32,688 33*628 34,183 35*130 35,056 35*970 22*875 27*917 739 5,696 269 6,181 434 602 7,218 6,597 562 15,937 1,614 982 1,220 920 1,161 2,109 780 4,976 925 684 4,990 2,342 18,297 2,260 590 8,598 703 2,185 2,316 2,094 546 10,066 288 842 726 1,192 2,601 2,808 3,514 15,042 728 9,575 3,563 817 944 8,364 27,511 33,380 25,403 30,553 25,358 25,359 39,713 32,891 34,022 41,408 26,946 27,326 23,807 24,272 28,396 28,899 23,139 32,152 31,931 27,320 33,303 36,179 36,636 30,453 26,051 29,089 26,307 32,868 26,023 29,291 25,808 34,954 26,032 24,620 23,449 29,574 31,532 28,573 27,632 35,559 34,046 31,245 29,845 26,446 25,425 33,042 29,295 28,564 34,723 25,505 31,822 26,893 26,448 41,978 34,182 35,724 42,922 27,881 28,694 24,932 25,169 29,609 30,256 23,883 34,431 33,792 28,280 35,098 37,956 38,382 31,770 27,497 30,115 26,808 33,867 28,174 30,642 27,386 36,092 27,717 25,273 24,653 30,901 33,914 29,882 28,599 37,118 35,290 32,437 31,725 27,913 27,728 34,674 30,260 29,422 34,986 26,915 32,640 27,525 27,097 42,952 34,762 37,698 43,642 28,990 30,188 26,452 26,775 30,436 30,950 24,789 34,921 35,098 29,271 36,171 38,904 39,130 32,398 28,469 30,460 27,202 35,042 29,289 31,627 29,263 37,224 28,999 25,942 25,781 31,727 34,848 30,702 29,363 38,195 36,600 33,162 32,973 28,926 28,068 35,649 28 13 41 19 38 40 2 16 6 1 34 27 43 42 26 23 46 14 11 31 9 4 3 20 36 25 39 12 30 22 32 7 33 44 45 21 15 24 29 5 8 17 18 35 37 10 45,381 46,399 44,482 48,401 48,478 32,406 38,978 42,615 53,811 44,849 22,895 31,736 53,973 38,511 50,212 44,996 42,339 36,727 37,845 49,193 49,627 48,513 37,384 56,033 61,119 40,018 60,423 50,968 39,331 50,888 44,694 60,313 59,147 36,042 49,505 29 28 60 50 43 13 37 65 61 12 51 20 36 45 56 52 26 22 27 53 11 5 47 6 17 49 18 38 7 9 57 24 21,298 697 5,362 263 5,721 405 574 6,472 5,879 514 14,545 1,493 904 1,110 848 1,104 1,983 743 4,424 861 652 4,563 2,175 16,590 2,123 548 7,870 656 2,032 2,001 1,947 495 9,207 266 812 677 1,110 2,345 2,637 3,294 13,717 677 8,895 3,209 763 873 7,498 22,236 719 5,626 261 5,997 427 593 6,902 6,295 543 15,348 1,548 942 1,162 872 1,138 2,065 757 4,818 902 667 4,824 2,282 17,610 2,216 571 8,301 679 2,107 2,189 2,033 518 9,622 279 828 702 1,157 2,519 2,741 3,416 14,453 700 9,285 3,405 799 946 7,983 South Dakota................... Metropolitan portion............... 33,136 36,932 37,819 40,596 44,843 16,243 16*893 17,492 19,441 153 881 113 280 1,369 1,876 259 45 316 72 372 197 631 1,137 143 307 915 264 225 204 175 246 281 136 358 197 99 253 188 205 55 813 18,135 19,684 133 861 111 274 1,390 2,009 237 46 325 75 355 180 636 1,169 150 316 972 279 212 207 166 246 279 144 370 168 99 265 204 200 47 864 42,886 38,614 45,347 41,477 28,877 34,988 37,693 45,258 39,813 21,831 27,641 37,655 35,602 34,831 41,463 38,169 29,917 34,532 43,354 37,967 40,849 34,769 47,446 44,576 34,617 38,746 45,379 38,729 44,671 33,317 38,162 53,882 33,587 46,051 45,620 44,166 56,361 50,041 32,818 39,862 42,622 50,951 48,713 22,868 30,752 51,412 40,411 54,986 44,957 41,488 35,439 36,776 46,734 45,860 51,391 37,589 58,544 60,425 40,385 57,542 49,339 46,768 51,682 42,598 54,711 60,668 42,465 47,128 123 722 100 247 1,207 1,657 210 42 280 56 325 129 574 1,039 122 285 846 217 178 185 142 182 246 92 333 165 86 197 131 180 42 785 2012 46,881 46,881 2,753 7,821 4,383 25,534 6,391 Nonmetropolitan portion........ Abbeville..................................... Aiken............................................ Allendale..................................... Anderson.................................... Bamberg..................................... Barnwell...................................... Beaufort...................................... Berkeley...................................... Calhoun...................................... Charleston.................................. Cherokee.................................... Chester........................................ Chesterfield................................. Clarendon................................... Colleton........................................ Darlington................................... Dillon............................................ Dorchester.................................. Edgefield..................................... Fairfield....................................... Florence...................................... Georgetown................................ Greenville.................................... Greenwood................................. Hampton..................................... Horry............................................ Jasper.......................................... Kershaw...................................... Lancaster.................................... Laurens....................................... Lee............................................... Lexington.................................... McCormick.................................. Marion.......................................... Marlboro..................................... Newberry.................................... Oconee....................................... Orangeburg................................. Pickens....................................... Richland...................................... Saluda.......................................... Spartanburg................................ Sumter........................................ Union........................................... Williamsburg............................... York.............................................. Nonmetropolitan portion........ Aurora.......................................... Beadle.......................................... Bennett........................................ Bon Homme................................ Brookings.................................... Brown........................................... Brule............................................ Buffalo.......................................... Butte............................................ Campbell..................................... Charles Mix................................. Clark ............................................ Clay.............................................. Codington................................... Corson......................................... Custer.......................................... Davison....................................... Day.............................................. Deuel........................................... Dewey.......................................... Douglas........................................ Edmunds..................................... Fall River..................................... Faulk............................................ Grant............................................ Gregory........................................ Haakon....................................... Hamlin.......................................... Hand............................................ Hanson........................................ Harding........................................ Hughes........................................ Rank in state Dollars 58,063 48,711 55,216 41,644 52,452 1 4 2 5 3 December 2013 41 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Personal income Millions of dollars Area 2010 Hutchinson................................. Hyde............................................ Jackson ...................................... Jerauld........................................ Jones........................................... Kingsbury................................... Lake............................................. Lawrence.................................... Lincoln........................................ Lyman......................................... McCook...................................... McPherson................................. Marshall...................................... Meade........................................ Mellette........................................ Miner........................................... Minnehaha.................................. Moody.......................................... Pennington................................. Perkins......................................... Potter........................................... Roberts....................................... Sanborn...................................... Shannon..................................... Spink........................................... Stanley......................................... Sully............................................. Todd............................................. Tripp............................................. Turner......................................... Union........................................... Walworth.................................... Yankton....................................... Ziebach....................................... Per capita personal income ’ 2011 2012 331 57 78 101 41 224 471 826 2,410 149 245 87 184 1,033 66 107 6,964 282 4,022 97 137 358 87 291 323 138 121 223 220 383 900 203 792 62 389 73 89 130 53 300 554 875 2,810 173 303 111 191 1,114 76 131 7,198 347 4,263 100 166 405 104 305 435 148 144 238 264 459 1,039 221 889 70 356 68 92 118 53 277 561 906 2,885 175 270 118 215 1,164 75 116 7,588 335 4,440 104 179 452 87 306 459 147 151 238 240 421 1,051 226 890 67 225 225 237 618 Metropolitan portion.............. 182,889 Nonmetropolitan portion...... Anderson.................................... Bedford....................................... Benton........................................ Bledsoe...................................... Blount.......................................... Bradley....................................... Campbell.................................... Cannon....................................... Carroll.......................................... Carter......................................... Cheatham................................... Chester....................................... Claiborne.................................... Clay............................................. Cocke.......................................... Coffee.......................................... Crockett...................................... Cumberland................................ Davidson..................................... Decatur....................................... DeKalb........................................ Dickson....................................... Dyer............................................. Fayette........................................ Fentress...................................... Franklin....................................... Gibson........................................ Giles............................................ Grainger..................................... Greene........................................ Grundy........................................ Hamblen..................................... Hamilton..................................... Hancock...................................... Hardeman................................... Hardin.......................................... Hawkins...................................... Haywood..................................... Henderson.................................. Henry........................................... Hickman...................................... Houston...................................... Humphreys................................. Jackson ...................................... Jefferson..................................... Johnson...................................... Knox............................................ Lake............................................. Lauderdale................................. Lawrence.................................... Lewis........................................... Lincoln........................................ 42,336 2,665 1,378 456 303 3,904 3,029 1,114 399 856 1,596 1,263 470 885 210 891 1,759 451 1,660 29,487 373 569 1,511 1,226 1,542 477 1,206 1,475 868 623 2,168 335 1,839 12,946 '138 694 829 1,575 582 734 974 585 240 569 336 1,434 441 16,178 152 611 1,067 292 1,047 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rank in state Dollars 2010 2011 2012 45,114 39,980 25,786 48,573 40,779 43,529 41,815 34,183 53,321 39,660 43,660 35,539 39,633 40,614 32,132 44,801 40,961 43,546 39,680 32,454 58,549 35,232 36,725 21,290 50,418 46,454 88,002 23,111 39,030 45,871 62,105 37,195 35,262 21,923 54,001 52,294 28,072 62,810 52,206 58,187 47,827 35,982 60,211 45,157 54,473 45,197 41,445 43,610 36,108 56,054 41,883 53,541 41,591 33,083 70,330 39,277 44,063 21,906 66,967 49,628 104,473 24,091 47,093 54,818 71,208 39,736 39,485 24,753 35,652 49,774 43,350 52,013 42,549 34,367 75,759 43,902 37,231 21,775 69,437 49,543 105,502 23,941 43,830 50,642 70,738 41,474 39,364 23,467 250 189 35 431 37 129 38 752 193,319 204,143 37,563 39,369 41,107 44,299 2,809 1,442 481 327 4,111 3,238 1,145 413 904 1,669 1,303 502 909 227 912 1,835 492 1,723 30,969 391 584 1,563 1,292 1,734 498 1,259 1,561 899 653 2,216 355 1,959 13,580 139 709 884 1,651 597 775 1,037 608 255 594 354 1,489 452 17,281 169 647 1,112 301 1,107 46,046 2,909 1,505 500 337 4,258 3,435 1,194 436 944 1,722 1,390 526 939 237 951 1,937 510 1,817 33,404 406 611 1,662 1,349 1,866 526 1,327 1,610 942 672 2,275 364 2,015 14,236 143 738 919 1,698 631 815 1,067 636 264 617 368 1,539 471 18,150 175 685 1,152 313 1,149 28,454 35,468 30,529 27,669 23,547 31,704 30,551 27,370 28,892 30,038 27,827 32,300 27,385 27,444 26,780 25,006 33,322 30,948 29,525 46,952 31,798 30,381 30,376 31.984 40,135 26,600 29,426 29,677 29,546 27,445 31,507 24,447 29,376 38,379 20,231 25,561 31.836 27,706 31,062 26,460 30J05 23,728 28,418 30,617 28,830 27,882 24,129 37,354 19,441 22,017 25,387 24,066 31,321 29,745 37,354 31,799 29,339 25,447 33,232 32,391 28,212 30,084 31,782 29,062 33,403 29,221 28,337 28,943 25,709 34,637 33,844 30,437 48,725 33,439 31,039 31,204 33,842 44,992 27,642 30,797 31,309 30,650 28,711 32,079 26,013 31,174 39,839 20,667 26,427 34,188 29,141 32758 27,689 32,064 24,956 30780 32702 30,876 28,762 24,847 39,555 21,762 23,384 26,450 24,804 33,105 30,902 38,567 33,020 30,545 26,369 34,292 33,960 29,548 31,598 33,245 30,023 35,395 30,618 29,592 30,249 26,723 36.403 34.867 31,862 51,526 34,815 32,327 32,992 35,272 48,271 29,317 32,539 32,444 32,390 29,598 33,056 26,699 32,117 41,200 2T287 27,827 35,404 30.007 34787 29,073 32793 26,332 31*328 49,471 47757 28,863 57,424 52,618 53,140 47,623 37,116 59,744 46,309 48,163 48,208 46,054 44*691 33,784 32J 28 29,492 26,022 41,127 22,809 24,718 27,373 26,306 34,306 Per capita personal income1 Personal income 2012 25 33 62 10 15 14 32 55 8 34 31 30 35 39 58 21 42 16 44 59 2 40 54 66 4 23 1 63 41 19 3 46 48 64 11 40 59 86 31 32 66 52 37 62 22 58 65 61 83 19 25 51 2 26 47 42 23 3 68 44 45 46 64 39 85 50 7 95 78 21 63 27 70 41 87 56 33 49 67 90 8 94 91 79 88 30 Millions of dollars Area 2010 Loudon McMinn....................................... McNairy...................................... Macon.......................................... Madison...................................... Marion.......................................... Marshall...................................... Maury........................................... Meigs.......................................... Monroe........................................ Montgomery................................ Moore........................................... Morgan Obion........................................... Overton....................................... Perry............................................ Pickett.......................................... Polk............................................. Putnam....................................... Rhea............................................ Roane.......................................... Robertson................................... Rutherford................................... Scott............................................. Sequatchie.................................. Sevier........................................... Shelby......................................... Smith............................................ Stewart....................................... Sullivan....................................... Sumner....................................... Tipton........................................... Trousdale.................................... Unicoi........................................... Union........................................... Van Buren................................... Washington................................. Wayne.......................................... Weakley...................................... White............................................ Williamson.................................. Wilson.......................................... Texas.................................. 1 754 1,447 683 613 3,364 859 767 2,469 328 1,137 6,893 215 536 985 548 214 135 437 2,233 827 1,846 2J 54 8,353 522 425 2,818 36,638 572 434 5,299 5*741 2*041 278 557 486 149 1 047 4J85 386 1,018 639 10,508 4,269 2011 2012 1 908 <599 2010 2011 2012 35 975 27J21 26,204 27,537 34,214 30,401 25,033 30,428 27,890 25*501 37 753 28730 26,961 28,844 36,548 31,194 25713 3<717 38 309 30,500 27,944 31,072 38,058 32,238 27746 33J34 3<461 1 853 1,500 702 647 3,586 877 788 2,579 349 1,197 7,458 229 559 1,050 568 220 139 445 2,361 870 1,897 2*259 732 699 3,755 912 835 2,717 368 1,263 7,640 240 576 983 593 230 144 471 2,453 905 1,944 2*515 8,809 532 461 2,984 38,171 607 456 5,581 6759 2*182 9,483 544 483 3,099 39,897 660 468 5,756 6*499 2*272 312 576 500 157 1 Oft? 4^464 335 594 512 163 1 134 4724 412 1,091 707 12,770 4,863 30,498 25,472 26,951 ?fi 2ft4 33732 22,713 29,070 24,748 57,088 37,259 29,890 26771 42,173 35731 25 464 33,126 25,614 28,100 26,977 26,493 32,443 27,233 35 254 33732 32,723 24,007 32,258 32,665 40,851 31,698 34,516 35744 36 992 35771 39746 31,497 25,986 28,436 ?71 m 35796 23,212 31,541 25,660 62,447 38,619 395 1,103 669 11,760 4,508 Rank in state Dollars 39,756 33782 24 400 30,983 24,803 26,973 26,549 25,990 30,790 25,974 34,110 32*422 31,665 23,486 30,129 31,260 39,447 29,867 32,546 33779 35 596 33770 35’413 27774 41 418 37732 26 243 31,362 26,714 29,253 28,209 28,229 33,496 28,062 36 356 37771 34,551 24,551 33,509 33,495 42,409 34,553 35,198 36*711 39721 36725 43,036 32*584 26,776 29,007 2ft 4fift 36763 24,228 31,360 27,098 66,195 40,880 961,828 1,053,552 1,111,110 38,103 41,103 42,638 Metropolitan portion............... 865,867 949,309 1,002,315 38,940 41,977 43,507 Nonmetropolitan portion........ Anderson.................................... Andrews...................................... Angelina...................................... Aransas....................................... Archer.......................................... Armstrong................................... Atascosa..................................... Austin........................................... Bailey........................................... Bandera...................................... Bastrop....................................... Baylor........................................... Bee.............................................. Bell.............................................. Bexar.......................................... Blanco......................................... Borden........................................ Bosque........................................ Bowie........................................... Brazoria...................................... Brazos.......................................... Brewster...................................... Briscoe........................................ Brooks.......................................... Brown........................................... Burleson..................................... Burnet.......................................... Caldwell Calhoun...................................... Callahan..................................... Cameron..................................... Camp........................................... Carson.............. :......................... Cass............................................. Castro.......................................... Chambers................................... Cherokee.................................... Childress..................................... Clay.............................................. Cochran...................................... Coke............................................ Coleman..................................... Collin............................................ 95,961 1,547 559 2,762 931 393 84 1,330 1.067 221 726 2,096 124 818 11,923 60,221 467 31 574 3,137 11,610 5,628 348 55 206 1,164 593 1,662 978 665 431 9,303 398 251 955 325 1,612 1,428 172 455 125 101 269 38,501 104,243 1,658 696 2,884 987 431 86 1,490 1,139 255 770 2,115 137 895 12,561 65,935 501 34 607 3,255 12,550 5,830 370 54 227 1,187 625 1,777 1 029 730 451 9,656 416 258 986 402 1,807 1,514 176 505 103 108 287 42,742 31,913 26,481 37,693 31,791 40,222 43,385 44,140 29,571 37,532 30,869 35,327 28,197 33,430 25,660 38,107 34,952 44,395 48,821 31,422 33,860 36,916 28,758 37,500 34,046 28*693 34,554 28718 45,228 33,046 42,058 48,984 44,665 32,773 39,790 35,539 37,495 28,187 36,893 27,683 39,758 37,602 47,325 54,747 33,266 35,028 39,315 29,512 39,569 32,716 3<560 30728 34,504 38,830 25 674 3<192 31721 36,331 40,941 26 773 34J47 33,272 23*405 36,010 30700 47,804 34,373 43,581 49,167 45,045 33,474 41,159 33,634 38,752 29,510 39,424 29,368 39,573 38,398 49,339 61,185 34,760 35,813 40,351 30,528 40,067 34,644 32,909 3<850 108,796 <757 770 3,011 1,038 429 88 1,555 1,178 240 796 2,206 143 955 12,784 68,567 526 38 630 3,336 13,105 6,126 373 54 236 1,205 655 1,848 1 069 760 473 9,936 431 269 1,005 364 1,878 1,561 178 518 115 111 298 46,837 31,843 22721 32,068 40740 31,392 40*145 45766 28,070 24,449 42,434 39,864 30,423 30,315 48,828 33,597 41,056 32710 50,050 50738 29,707 25,105 47,419 33,645 32,832 32,719 52,593 37,868 42,532 27 587 357 77 34 958 23709 34,595 43*719 33710 44*565 5<897 30,479 25,282 49,199 37,643 34,422 34,379 56,117 2012 12 60 77 57 13 48 81 38 53 76 6 14 89 54 84 69 74 73 35 75 20 15 29 92 34 36 5 28 24 18 10 17 4 43 82 71 72 16 93 55 80 1 9 229 38 175 67 31 52 193 86 188 111 235 102 236 99 114 29 7 163 143 91 225 96 169 199 206 118 76 243 149 160 250 171 65 196 58 22 227 248 30 120 172 174 13 42 Local Area Personal Income December 2013 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Personal income Area Millions of dollars 2010 Collingsworth.............................. Colorado..................................... Comal.......................................... Comanche.................................. Concho....................................... Cooke.......................................... Coryell........................................ Cottle........................................... Crane........................................... Crockett...................................... Crosby......................................... Culberson................................... Dallam......................................... Dallas........................................... Dawson........................................ Deaf Smith.................................. Delta............................................ Denton......................................... DeWitt.......................................... Dickens........................................ Dimmit......................................... Donley......................................... Duval........................................... Eastland...................................... Ector............................................ Edwards...................................... Ellis.............................................. El Paso........................................ Erath............................................ Falls............................................. Fannin.......................................... Fayette......................................... Fisher........................................... Floyd............................................ Foard........................................... Fort Bend.................................... Franklin....................................... Freestone.................................... Frio.............................................. Gaines......................................... Galveston................................... Garza........................................... Gillespie...................................... Glasscock................................... Goliad.......................................... Gonzales.................................... Gray............................................. Grayson....................................... Gregg........................................... Grimes......................................... Guadalupe.................................. Hale............................................. Hall.............................................. Hamilton..................................... Hansford..................................... Hardeman................................... Hardin.......................................... Harris........................................... Harrison....................................... Hartley......................................... Haskell........................................ Hays............................................ Hemphill...................................... Henderson.................................. Hidalgo........................................ Hill................................................ Hockley........................................ Hood............................................ Hopkins........................................ Houston...................................... Howard........................................ Hudspeth.................................... Hunt............................................. Hutchinson.................................. Irion............................................. Jack............................................. Jackson........................................ Jasper.......................................... Jeff Davis.................................... Jefferson...................................... Jim Hogg.................................... Jim Wells.................................... Johnson...................................... Jones........................................... Karnes......................................... Kaufman..................................... Kendall......................................... Kenedy......................................... Kent............................................. Kerr.............................................. Per capita personal income' 99 769 4,613 464 92 1,628 2,718 54 140 121 227 69 260 102,097 418 632 149 26,951 679 66 280 124 366 909 4,676 59 5,004 22,792 1,121 494 958 926 139 240 40 26,961 344 616 431 501 12,250 198 1,107 60 210 622 819 3,856 4,955 779 4,764 1,025 102 288 232 135 1,968 186,858 2,572 232 187 4,990 200 2,481 16,768 1,100 832 2,019 1,091 663 1,075 97 2,686 785 82 317 440 1,101 79 9,016 170 1,427 4,963 533 396 3,325 1,861 18 25 2,003 See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2011 106 858 4,944 473 100 1,874 2,769 55 177 147 207 74 309 112,763 409 727 155 29,667 772 69 362 131 420 1,142 5,526 72 5,384 23,984 1,213 521 1,017 999 148 242 47 30,177 361 650 483 564 13,087 287 1,129 61 232 651 947 4,075 5,454 840 5,276 1,085 91 295 301 142 2,118 209,327 2,905 312 191 5,302 283 2,623 17,573 1,136 928 2,154 1,163 688 1,216 95 2,806 824 88 369 476 1,172 83 9,327 187 1.669 5,203 589 447 3,625 2,012 23 28 2,072 Dollars 2012 110 908 5,249 477 103 2,008 2,790 60 199 150 247 78 314 118,095 426 716 168 31,311 830 73 409 127 459 1,250 6,162 69 5,608 24,974 1,229 533 1,061 1,052 138 246 48 31,921 382 686 541 643 13,652 311 1,170 73 242 679 990 4,226 5,759 899 5,534 1,049 98 303 310 143 2,213 224,618 3,070 301 195 5,741 297 2,712 18,067 1,190 1,034 2,239 1,200 712 1,285 103 2,903 873 88 388 519 1,209 86 9,659 199 1,833 5,386 591 490 3,776 2,183 26 29 2,149 2010 2011 2012 32,514 36,854 42,168 33,240 22,523 42,347 35,934 35,808 32,076 32,658 37,514 28,892 38,494 43,010 30,198 32,504 28,376 40,409 33,837 26,759 27,920 33,718 31,235 48,928 34,117 29,626 33,270 28,365 29,571 27,653 28,282 37,772 35,243 37,534 29,689 45,619 32,520 31,063 25*037 34,035 41,387 44,336 34,048 24,386 48,855 36,171 36,590 40,542 39,842 33,990 31,343 45,116 46,828 29,673 37,376 29,778 43,271 37,997 28,747 35,808 36,141 35,602 61,473 39,585 36,534 35,329 29,322 31,109 29,216 30,013 40,346 37,467 37,830 34,706 49,637 34,277 33,118 27*808 36,224 43,864 45,888 34,633 25,691 51,890 36,129 40,500 43,587 40,183 40,281 33,862 44,933 48,127 31,267 36,987 31,536 44,268 40,560 31,416 39,074 35,252 39,152 67,873 42,698 35,002 36,423 30,183 31,267 30,254 31,371 42,612 35,850 38,684 36,766 50,886 35,877 35,130 30*541 28,506 41,864 30,648 44,517 48,572 29,104 31,411 36,476 31,852 40,652 29,276 35,984 28,203 30,399 33,891 41*477 31,224 44,333 43,785 45,107 49,476 32,119 32,797 41 £36 33,595 44,583 31,415 38,839 29,785 27,623 35,052 53*942 34,941 45,433 48,446 46,512 57,854 32,858 33,852 43*088 32,614 35,917 45,487 39,122 38,339 31,870 31,523 52,614 31,531 21,519 31,328 36,428 39,331 30,976 27,951 30J27 27,884 31,112 35,536 50,689 35,167 31,280 30,729 33,878 35,720 32,060 34,909 32,805 26,348 26,705 32,006 55,220 43,532 30,989 40,334 34,471 38,461 50,154 43,160 51,288 31,958 32,378 71,520 33,302 22,127 32,290 40,371 41,848 32,879 29,390 34J92 27,818 32,378 37,607 54,520 40,831 33,933 32,315 36,178 36,842 35,471 40,482 34,245 29,024 29,943 34,430 58,054 51,606 34,159 41,758 35748 40,099 52,805 45,522 48,960 33,103 33,975 72,734 34,292 22,400 33,901 44,813 43,018 33,821 30 756 36^287 34,655 46,954 33,550 39,574 28,825 29,630 36,433 56*221 30,928 33,340 39,810 55,675 43,230 36,406 33,668 37,190 38,357 37,897 43,903 35,099 29,576 32,176 35,371 60,723 59,278 34,395 43,168 Per capita personal income ’ Personal income Rank in state 2012 136 64 48 170 247 23 137 90 66 93 92 181 54 36 213 128 209 61 89 210 107 148 104 4 74 157 132 230 213 228 211 75 142 112 129 25 141 153 224 161 50 35 44 11 201 182 71 168 42 190 98 239 232 131 12 150 95 19 49 32 198 179 3 176 251 180 55 73 183 999 135 218 195 97 14 69 133 187 125 115 117 63 154 233 203 146 8 9 173 70 Millions of dollars Area Kimble.......................................... King.............................................. Kinney.......................................... Kleberg........................................ Knox............................................. Lamar........................................... Lamb............................................ Lampasas................................... La Salle........................................ Lavaca ......................................... Lee............................................... Leon............................................. Liberty.......................................... Limestone................................... Lipscomb.................................... Live Oak...................................... Llano............................................ Loving.......................................... Lubbock....................................... Lynn............................................. McCulloch................................... McLennan................................... McMullen.................................... Madison....................................... Marion.......................................... Martin........................................... Mason.......................................... Matagorda................................... Maverick...................................... Medina......................................... Menard......................................... Midland........................................ Milam........................................... Mills.............................................. Mitchell......................................... Montague.................................... Montgomery................................ Moore........................................... Morris........................................... Motley.......................................... Nacogdoches.............................. Navarro........................................ Newton......................................... Nolan........................................... Nueces......................................... Ochiltree..................................... Oldham........................................ Orange......................................... Palo Pinto.................................... Panola.......................................... Parker.......................................... Parmer......................................... Pecos........................................... Polk Potter Presidio........................................ Rains............................................ Randall......................................... Reagan........................................ Real............................................. Red River.................................... Reeves........................................ Refugio........................................ Roberts........................................ Robertson................................... Rockwall...................................... Runnels........................................ Rusk............................................. Sabine.......................................... San Augustine San Jacinto................................. San Patricio................................. San Saba.................................... Schleicher................................... Scurry.......................................... Shackelford................................. Shelby.......................................... Sherman..................................... Smith............................................ Somervell.................................... Starr............................................. Stephens..................................... Sterling......................................... Stonewall.................................... Sutton.......................................... Swisher........................................ Tarrant.......................................... Taylor........................................... Terrell........................................... Terry............................................. Rank in state Dollars 2010 2011 2012 136 9 105 1,022 123 1,591 425 943 166 688 589 562 2,459 724 125 352 685 3 9,378 208 274 7,806 28 343 317 187 130 1,160 1,152 1,449 62 8,498 785 162 229 745 20,981 680 429 39 1,885 1,516 375 481 12,481 408 80 2,884 918 908 4,472 343 455 1 635 3*826 *203 168 16 109 1,111 125 1,681 431 1,013 208 741 642 600 2,608 749 161 449 709 4 9,805 188 345 8,062 43 365 334 197 141 1,225 1,226 1,573 68 11,037 804 173 260 863 23,351 749 449 44 1,926 1,595 404 514 13,489 511 107 3,087 1,007 998 4,825 431 479 1 714 4 070 *225 320 4,763 117 98 392 313 266 39 607 3,766 304 1,578 325 254 813 2,306 171 92 592 151 812 131 7,861 301 1,166 372 41 56 216 262 71,371 4,690 39 415 340 5,062 143 103 395 339 303 43 642 4,066 331 1,704 335 261 858 2,444 184 114 729 221 829 181 8,554 338 1,215 489 51 69 328 294 77,316 5,031 42 410 171 12 111 1,149 135 1,750 420 1,019 239 782 700 625 2,685 790 170 513 743 3 10,290 201 352 8,350 47 385 349 213 144 1,231 1,236 1,622 70 12,382 862 176 268 921 24,639 784 467 42 1,950 1,666 413 523 14,227 565 101 3,225 1,035 1,070 5,086 381 493 1 776 4 192 232 366 5,226 158 105 405 344 325 45 673 4,253 335 1,789 351 ?71 888 2,567 187 112 817 247 870 180 8,889 364 1,224 520 55 68 257 276 80,929 5,268 44 467 2011 2012 29,746 32^398 36,512 63*427 29,230 31,850 32,994 31,927 30,297 47,831 24,138 35J52 35,439 33,498 32,418 30,915 38,159 30,521 35,416 38,988 33,468 35,194 33,267 33,090 39,767 24,944 30,118 38,742 32,287 31,594 21,160 31,442 27,477 62,052 31,780 32,628 24,299 37,770 45£82 30 922 33*190 30,238 34,628 33,205 33,630 30,469 50,909 29,696 38£29 38,575 35,575 34,342 31,858 48,121 38,929 37^426 37,439 45700 30,865 35,884 35,554 35,140 30,013 50,655 33,551 40J73 42,143 37,199 35,067 33,514 48,765 44,017 38,930 43*507 36*011 2010 32,365 29,178 31,744 26,067 31,554 36,676 40 027 39J52 35,178 32,698 38,158 38,117 33,316 29,305 35 988 31 524 25£37 29,285 39,295 35,107 29,503 30,535 22*736 36,145 41,953 36,570 47,700 28,876 29,572 29,945 ?8 787 30*739 35,711 27,859 26,352 34,922 44,958 31,918 43,220 37,363 35,405 19,072 38,816 35,857 37£09 53,272 33,263 39,294 35,574 38.689 32,804 38783 34*613 31,849 41,583 33,903 61,109 26,618 31,914 39,956 35,039 33,380 22,252 33,868 30,574 78,814 32,600 35,529 27,615 43,684 49£03 33 997 35,006 36,414 29,356 33,257 28,003 33,948 39,317 48 776 51,418 37,473 35,816 41,504 40,772 41,792 30,596 37 543 33 376 29,189 30,842 40,969 42,327 29,910 31,134 24791 4<437 51,237 38,444 50,088 31,321 31,729 31,482 ?9 410 37940 37,950 30,341 34,505 43,138 66,412 32,304 59,558 40,185 39,878 19,765 51,345 43 862 46769 81,749 37,606 41,857 37,922 44,252 32,559 34,724 42,299 34,982 64,826 28,136 33,783 42,483 36,024 33,696 22,324 34,693 31,368 84,437 35,673 36,369 28,703 47,062 50J96 35 139 36*484 34,726 29,531 34,725 29,085 35,059 40,918 52 628 48,889 38,871 37,171 44,549 42,489 37,375 31 565 38 905 34 268 30*847 33,479 41,779 45,421 31,221 31,889 24*924 44^770 52,357 40,703 51,224 32,040 33,117 33,686 30 718 32J53 39,137 31,198 34,267 47,691 73,455 33,432 58,431 41,379 42,322 19,866 54,970 45 953 45*905 65,056 34,961 43,044 39,465 48,064 37,040 2012 122 53 219 140 145 151 231 27 189 94 81 124 155 191 34 62 108 68 139 166 80 158 6 242 184 78 138 185 252 167 212 1 144 134 240 41 26 152 130 164 234 165 238 156 87 20 33 110 126 59 77 123 208 109 177 221 192 82 51 215 205 249 56 21 88 24 204 197 186 ?J>3 202 105 216 178 39 2 194 10 84 79 254 15 46 47 5 159 72 101 37 127 December 2013 43 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Per capita personal income 1 Personal income Millions of dollars Area Rank in state Dollars 2010 2011 2012 2010 2011 2012 Throckmorton............................ Titus............................................. Tom Green.................................. Travis........................................... Trinity........................................... Tyler............................................. Upshur........................................ Upton........................................... Uvalde........................................ Val Verde.................................... Van Zandt................................... Victoria....................................... Walker........................................ Waller......................................... Ward............................................ Washington................................. Webb........................................... Wharton...................................... Wheeler...................................... Wichita......................................... Wilbarger.................................... Willacy......................................... Williamson.................................. Wilson.......................................... Winkler........................................ Wise............................................ Wood........................................... Yoakum....................................... Young........................................... Zapata......................................... Zavala.......................................... 71 917 3,961 43,286 410 603 1,302 142 820 1,455 1,735 3,409 1,722 1,239 365 1,377 6,055 1,389 225 4,594 466 567 16,232 1,433 227 2,087 1,290 331 707 327 230 82 933 4,315 48,041 426 636 1,429 166 915 1,500 1.798 3,713 1.776 1,336 438 1,522 6,530 1,478 284 4,950 484 592 17,682 1,554 268 2,279 1,335 374 834 372 248 81 952 4,473 50,734 441 655 1,540 180 931 1,548 1,852 3,984 1,836 1,380 482 1,586 6,770 1,559 298 5,142 506 590 18,946 1,663 302 2,368 1,381 440 872 408 253 43,308 28,299 35,804 42,017 28,078 27,730 33,087 42,293 30,986 29.700 32,964 39,265 25,267 28,523 34,440 40,829 24,097 33,615 41,765 34,897 34,530 25,583 38,039 33,251 32,070 35,306 30,707 42,182 38,125 23,208 19,664 50,141 28,767 38,619 45,271 29,262 29,328 35,923 50,134 34,478 30,707 34,164 42,455 26,035 30,343 40,918 44,796 25,612 35,827 51,964 37,891 36,065 26,826 39,978 35,552 37,590 38,056 31,791 46,733 45,374 26,192 20,938 50,616 29,157 39,489 46,307 30,849 30,518 38,508 54,786 34,803 31,790 35,334 44,630 26,840 31,119 44,283 46,517 26,120 37,750 53,038 39,089 38,133 26,731 41,526 37,471 41,235 39,177 32,866 54,461 47,532 28,536 21,129 Utah................................... 90,113 96,175 101,163 32,472 34,173 35,430 Metropolitan portion.............. 80,408 85,600 90,179 32,511 34,113 35,401 Nonmetropolitan portion...... Beaver........................................ Box Elder.................................... Cache.......................................... Carbon........................................ Daggett....................................... Davis............................................ Duchesne ................................... Emery.......................................... Garfield........................................ Grand.......................................... Iron.............................................. Juab............................................. Kane............................................ Millard.......................................... Morgan........................................ Piute............................................ Rich............................................. Salt Lake..................................... San Juan.................................... Sanpete....................................... Sevier.......................................... Summit........................................ Tooele.......................................... Uintah.......................................... Utah............................................. Wasatch...................................... Washington................................. Wayne.......................................... Weber.......................................... 9,705 182 1,442 3,090 679 32 10,394 642 306 143 302 1,076 245 225 351 307 38 71 38,997 326 603 541 2,503 1,585 965 13,069 645 3,729 74 7,549 10,575 195 1,522 3,303 706 37 11,143 722 359 150 336 1,151 260 240 384 348 40 76 41,360 335 628 566 2,784 1,685 1,068 14,045 717 3,951 79 7,984 10,984 196 1,579 3,378 709 39 11,724 805 296 151 352 1,182 266 249 388 368 40 79 43,658 341 651 583 2,944 1,766 1,145 14,931 757 4,141 77 8,366 32,152 27,366 28,768 27,276 31,675 30,176 33,762 34,471 27,904 27,593 32,503 23,249 23,903 31,533 28,048 32,241 24,647 31,688 37,744 21,973 21,618 25,971 68,598 27,084 29,777 25,141 27,247 26,933 26,623 32,513 34,668 29,825 30,325 28,829 33,084 31,842 35,727 38,284 32,751 29,044 36,211 24,682 25,187 33,168 30,439 36,124 26,355 32,801 39,475 22,644 22,464 27,063 74,392 28,429 32,209 26,495 29,473 27,920 28,552 34,107 35,666 30,130 31,481 29,243 33,375 35,424 37,124 41,832 27,065 29,621 37,701 25,273 25,732 34,534 30,857 37,474 26,312 34,854 41,038 22,818 23,346 28,044 77,468 29,505 33,170 27,624 29,946 28,597 28,159 35,355 Vermont............................ 25,116 26,888 27,886 40,126 42,911 44,545 Metropolitan portion............. , 8,964 9,691 10,105 42,371 45,525 47,285 Nonmetropolitan portion....... Addison...................................... Bennington................................. Caledonia................................... Chittenden.................................. Essex........................................... Franklin........................................ Grand Isle................................... Lamoille...................................... Orange........................................ Orleans....................................... Rutland....................................... Washington................................. Windham.................................... Windsor...................................... 16,152 1,345 1,473 1,027 6,790 172 1,873 301 975 1,030 925 2,457 2,561 1,735 2,451 17,196 <461 1,581 1,096 7,328 181 2,046 316 1,037 1,089 999 2,614 2,731 1,849 2,558 17,781 1,504 1,630 1.127 7,658 184 2,113 334 1,074 1.128 1,035 2,704 2,838 1,904 2,653 38,980 36,561 39,709 32,926 43,301 27,392 39,197 43,214 39,750 35,578 33,968 39,919 42,966 38,998 43,284 41,566 39,719 42,913 35,169 46,466 28,569 42,474 45,303 41,998 37,531 36,803 42,672 45,812 41,807 45,168 43,125 40340 44,408 36,208 48,314 29,624 43,828 47,813 43,020 39,005 38,194 44,425 47,726 43,279 47,194 Virginia............................. 359,956 381,930 396,005 44,854 47,126 48,377 Metropolitan portion.............. 326,914 347,279 360,297 47,018 49,359 50,597 Nonmetropolitan portion...... 33,042 1,115 439 965 468 16,395 34,651 1,140 458 1,003 490 17,738 35,708 1,191 469 1,029 505 18,400 30,819 33,593 34,469 30,101 31,143 78,340 32,425 34,181 35,991 31,231 32,684 82,075 33,532 35.733 36,754 31,789 33,378 83,242 Amelia........................................ Amherst...................................... Appomattox................................ Arlington..................................... See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income1 Personal income 2010 2011 2012 2010 2011 2012 Bath.................................................. Bland................................................ Botetourt.......................................... Brunswick........................................ Buchanan........................................ Buckingham.................................... Caroline............................................ Charles City.................................... Charlotte.......................................... Chesterfield..................................... Clarke............................................... Craig................................................ Culpeper.......................................... Cumberland.................................... Dickenson....................................... Essex............................................... Fauquier........................................... Floyd................................................ Fluvanna.......................................... Franklin............................................ Giles................................................. Gloucester....................................... Goochland........................................ Grayson............................................ Greene............................................. Halifax.............................................. Hanover............................................ Henrico............................................ Highland........................................... Isle of Wight.................................... King and Queen............................. King George.................................... King William.................................... Lancaster........................................ Lee................................................... Loudoun........................................... Louisa.............................................. Lunenburg....................................... Madison........................................... Mathews........................................... Mecklenburg.................................... Middlesex........................................ Nelson.............................................. New Kent......................................... Northampton................................... Northumberland............................. Nottoway.......................................... Orange............................................. Page................................................. Patrick.............................................. Powhatan........................................ Prince Edward................................. Pulaski............................................. Rappahannock................................ Richmond......................................... Russell............................................. Scott................................................. Shenandoah.................................... Smyth............................................... Stafford............................................ Surry................................................ Sussex............................................. Tazewell........................................... Warren............................................. Westmoreland................................. Wythe............................................... 167 201 1,353 464 711 421 1,006 232 343 13,558 577 160 1,631 301 459 361 3,466 418 928 1,763 506 1,408 1,304 381 689 1,061 4,438 13,253 77 1,457 223 933 594 520 687 17,129 1,313 344 461 453 992 434 590 667 441 491 483 1,162 694 470 1,178 527 1,098 308 234 788 611 1,345 901 5,519 236 350 1,412 1,380 644 817 186 215 1,445 479 804 438 1,058 235 359 14,183 608 165 1,728 315 467 384 3,681 441 996 1,885 522 1,468 1,418 388 733 1.081 4,748 14,066 83 1,555 236 993 624 551 719 19,237 1,424 354 495 476 1,029 461 617 710 466 543 507 1,218 731 486 1,244 537 1,169 341 253 813 647 1,427 931 5,824 246 356 1,486 1,476 687 859 196 221 1,503 498 836 458 1,087 242 373 14,958 626 172 1,814 323 462 395 3,789 462 1,041 1,953 542 1,516 1,450 396 767 1,116 4,890 14,579 87 1,602 238 1,026 637 573 718 20,107 1,468 367 524 491 1,055 474 641 740 487 558 518 1,272 749 504 1,278 563 1,222 358 256 835 667 1,491 955 6,011 255 363 1,508 1,518 711 889 35,397 29,486 40,796 26,626 29,593 24,577 35,158 31,887 27,269 42,740 41,046 30,863 34,801 30,007 28,879 32,296 53,017 27,283 36,004 31,360 29,242 38,123 59,841 24,627 37,330 29,336 44,411 43,099 33,449 41,272 32,016 39,447 37,208 45,746 26,906 54,301 39,485 26,616 34,697 50,547 30,351 39,666 39,351 35,928 35,656 39,803 30,415 34,618 28,880 25,417 41,985 22,572 31,539 41,120 25,266 27,315 26,425 31,982 28,002 42,497 33,411 29,196 31,246 36,764 36,926 27,943 39,769 31,592 43,721 27,946 33,665 25,534 36,886 32,406 28,694 44,257 42,701 31,503 36,448 31,480 29,555 34,230 55,703 28,663 38,332 33,421 30,558 39,795 66,071 25,232 39,271 29,986 47,399 45,305 36,322 44,064 33,526 41,002 39,052 48,533 28,078 58,953 42,617 27,487 37,558 53,229 31,573 42,553 40,995 37,810 37,534 43,791 31,838 35,906 30,476 26,421 44,269 24,094 33,620 45,542 27,482 28,331 28,186 33,767 29,131 44,039 35,417 29,400 33,257 39,123 38,972 29,427 42,048 32,731 45,320 29,271 35,023 26,788 37,510 33,854 30,108 46,186 43,718 32,992 37,867 32,821 29,433 35,121 56,936 29,991 40,077 34,614 32,011 41,109 67,940 26,092 40,880 31,128 48,575 46,292 38,755 45,247 33,846 41,870 39,847 50,979 28,192 59,683 43,913 29,140 39,696 55,226 33,239 43,771 43,207 38,605 39,803 45,174 32,746 37,141 31,357 27,329 45,446 24,232 35,167 47,994 28,236 29,340 29,265 35,016 30,115 44,741 37,201 30,354 34,060 39,867 40,585 30,393 32 80 19 96 64 102 53 70 92 17 27 76 52 77 94 63 6 93 42 67 82 37 4 103 38 87 13 16 50 20 71 33 44 10 100 5 25 98 46 7 73 26 29 51 45 21 79 55 85 101 18 105 62 14 99 95 97 65 91 22 54 90 69 43 40 89 Independent cities: Alexandria........................................ Chesapeake.................................... Hampton.......................................... Newport News................................. Norfolk.............................................. Portsmouth...................................... Richmond........................................ Roanoke........................................... Suffolk.............................................. Virginia Beach................................. 10,792 9,355 5,464 6,189 8,737 3,501 8,497 3,711 3,220 20,322 11,487 9,801 5,619 6,454 9,191 3,642 9,051 3,879 3,412 21,493 11,843 10,206 5,766 6,673 9,547 3,796 9,400 4,032 3,522 22,305 76,643 41,837 39,754 34,204 35,959 36,663 41,581 38,347 37,927 46,266 79,713 43,463 41,232 35,815 37,729 38,030 43,907 40,148 40,254 48,513 80,952 44,681 42,141 36,923 38,844 39,346 44.696 41,363 41,344 49,898 2 24 31 56 49 48 23 34 35 12 6,531 705 3,936 2,827 4,091 1,071 7,110 747 4,152 2,965 4,264 1,115 7,494 807 4,344 3,076 4,389 1,146 45,749 31,797 33,250 37,700 31,317 28,870 49,292 33,688 34,918 39,316 32,423 30,230 51,255 36,682 36,597 40,710 33,180 31,180 9 59 60 39 74 86 2,824 76,025 3,793 416 2,007 2,998 80,226 4,045 439 2,051 3,138 82,727 4,219 445 2,111 36,220 67,776 36,208 22,891 29,592 38,691 70,371 38,128 24,573 30,580 40,521 71,607 39,359 25,287 31,650 41 3 47 104 84 2012 28 237 100 45 220 226 113 16 162 207 147 57 244 217 60 43 246 119 18 106 116 245 83 121 85 103 200 17 40 241 253 15 13 19 11 7 6 2 24 17 4 27 26 10 14 5 25 9 3 29 28 22 1 18 12 23 16 20 21 8 10 6 13 1 14 7 2 9 11 12 5 3 8 4 61 58 83 72 1 Rank in state Dollars Millions of dollars Area Combination areas:3.......... Albemarle + Charlottesville........... Alleghany + Covington.................. Augusta, Staunton + Waynesboro Bedford + Bedford City................... Campbell + Lynchburg.................. Carroll + Galax................................ Dinwiddie, Colonial Heights + Petersburg................................... Fairfax, Fairfax City + Falls Church Frederick + Winchester.................. Greensville + Emporia................... Henry + Martinsville....................... 2012 Local Area Personal Income 44 December 2013 Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Continues Per capita personal income1 Personal income Area Dollars Millions of dollars 2010 2011 2012 2010 2011 2012 4,028 3,097 3,238 2,175 4,408 3,231 3,368 2,311 4,610 3,404 3,468 2,447 49,451 27,896 30,390 37,351 53,364 29,005 31,761 39,084 54,796 30,428 32,775 41,273 8 88 78 36 20,662 4,638 1,131 3,819 835 6,010 2,331 1,449 3,627 22,156 4,798 1,193 4,054 869 6,400 2,545 1,519 3,801 23,025 4,985 1,237 4,236 941 6,612 2,687 1,467 3,931 44,995 39,542 31,455 30,455 30,704 40,798 32,056 31,800 46,908 46,719 40,774 33,025 31,999 32,128 42,574 35,373 33,450 48,664 47,309 42,288 34,265 32,998 34,934 43,218 36,881 32,605 50,236 15 30 68 75 66 28 57 81 11 Washington................................... 286,744 303,088 317,575 42,521 44,420 46,045 263,005 278,125 291,913 43,563 45,490 47,188 Nonmetropolitan portion.................... Adams...................................................... Asotin........................................................ Benton...................................................... Chelan...................................................... Clallam...................................................... Clark......................................................... Columbia................................................. Cowlitz...................................................... Douglas.................................................... Ferry......................................................... Franklin..................................................... Garfield..................................................... Grant......................................................... Grays Harbor........................................... Island........................................................ Jefferson................................................... King........................................................... Kitsap........................................................ Kittitas....................................................... Klickitat..................................................... Lewis........................................................ Lincoln...................................................... Mason....................................................... Okanogan................................................ Pacific....................................................... Pend Oreille............................................. Pierce....................................................... San Juan.................................................. Skagit........................................................ Skamania.................................................. Snohomish............................................... Spokane................................................... Stevens..................................................... Thurston................................................... Wahkiakum.............................................. Walla Walla.............................................. Whatcom.................................................. Whitman................................................... Yakima...................................................... 23,738 617 757 7,068 2,683 2,569 15,424 160 3,300 1,134 205 2,339 84 2,723 2,160 3,037 1,232 105,499 10,653 1,335 799 2,330 369 1,873 1,401 698 395 32,667 779 4,425 370 30,355 16,629 1,232 10,625 127 2,075 7,407 1,399 7,808 24,963 711 789 7,499 2,821 2,688 16,215 171 3,407 1,220 211 2,573 86 2,941 2,239 3,156 1,297 112,935 10,975 1,415 847 2,369 412 1,930 1,476 715 413 33,983 811 4,608 396 32,343 17,300 1,274 10,967 131 2,203 7,721 1,528 8,311 25,661 710 806 7,364 2,933 2,770 17,425 167 3,556 1,257 215 2,590 83 2,966 2,283 3,274 1,342 120,628 11,359 1,485 897 2,424 397 1,989 1,555 736 427 35,233 845 4,783 414 33,570 17,913 1,310 11,361 135 2,221 8,029 1,555 8,567 33,612 32,833 34,875 40,049 36,896 35,913 36,122 38,888 32,215 29,422 27,181 29,552 37,080 30,380 29,645 38,587 41,178 54,443 42,314 32,546 39,159 30,860 34,948 30,816 33,971 33,397 30,429 41,064 49,408 37,816 33,411 42,420 35,220 28,302 41,989 32,012 35,215 36,740 31,219 31,965 35,197 37,632 36,027 41,536 38,513 37,423 37,438 42,446 33,261 31,453 27,491 30,943 38,278 32,403 30,963 39,927 43,404 57,281 43,117 34,026 40,893 31,309 39,229 31,646 35,703 34,201 31,985 42,292 51,316 39,107 35,639 44,755 36,536 29,298 42,774 32,683 37,028 37,928 33,904 33,763 36,103 37,357 36,826 40,375 39,797 38,545 39,758 41,819 34,867 31,954 27,948 30,169 37,201 32,342 31,848 41,350 44,946 60,090 44,547 35,630 43,329 32,056 38,064 32,696 37,674 35,786 32,890 43,407 53,389 40,456 37,008 45,796 37,653 30,086 43,977 33,774 37,395 39,117 33,356 34,686 West Virginia................................. Metropolitan portion............................ 58,950 62,737 33,822 35,082 40,346 22,391 432 3,424 728 385 773 3,315 176 223 177 1,341 200 363 1,144 596 923 377 2,756 795 2,115 8,302 588 558 1,210 585 2,098 1,186 714 2,013 928 65,091 41,798 31,796 37,914 21,036 410 3,210 683 366 724 3,166 166 211 163 1,261 183 337 1,078 574 878 362 2,543 757 1,999 7,788 530 523 1,120 547 1,972 1,086 697 1,940 880 33,443 29,204 24,738 30,659 27,771 25,213 30,156 32,851 21,719 22,490 19,913 27,403 20,966 28,307 30,359 23,949 28,665 25,772 36,736 25,887 37,247 40,353 32,371 24,115 30,491 24,828 34,904 32,843 25,530 31,150 31,150 35,530 31,127 26,072 32,369 29,749 26,468 32,315 34,311 23,053 23,732 21,582 29,191 22,932 30,479 32,035 25,017 30,299 26,975 39,776 27,145 38,944 43,212 35,973 25,837 33,201 26,990 37,102 36,074 26,142 32,247 33,014 36,716 32,487 27,504 33,004 30,736 27,672 33,805 35,385 24,761 24,668 22,412 29,979 23,975 31,926 33,191 26,087 31,442 28,678 42,060 28,557 39,739 44,660 38,277 26,626 34,060 28,367 38,608 38,309 27,241 33,257 34,122 Nonmetropolitan portion.................... Barbour..................................................... Berkeley.................................................... Boone....................................................... Braxton..................................................... Brooke...................................................... Cabell....................................................... Calhoun.................................................... Clay.......................................................... Doddridge................................................ Fayette...................................................... Gilmer....................................................... Grant......................................................... Greenbrier................................................ Hampshire............................................... Hancock.................................................... Hardy........................................................ Harrison.................................................... Jackson..................................................... Jefferson................................................... Kanawha................................................... Lewis........................................................ Lincoln...................................................... Logan........................................................ McDowell................................................. Marion...................................................... Marshall.................................................... Mason....................................................... Mercer...................................................... Mineral...................................................... See the footnotes at the end of the table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 23,293 454 3,535 752 400 806 3,431 188 229 183 1,375 209 377 1,189 618 953 398 2,908 835 2,166 8,583 627 576 1,232 605 2,188 1,252 740 2,079 954 Area 21 24 12 13 16 14 9 27 35 39 37 22 33 36 10 4 1 5 26 8 34 17 32 18 25 31 7 2 11 23 3 19 38 6 29 20 15 30 28 44 21 33 43 17 11 51 52 55 36 53 26 20 48 29 39 3 41 4 1 10 47 15 42 7 9 46 18 14 2011 Rank in state Dollars Millions of dollars 2010 2012 James City + Williamsburg.................... Montgomery + Radford.......................... Pittsylvania + Danville............................. Prince George + Hopewell..................... Prince William, Manassas + Manassas Park...................................................... Roanoke + Salem................................... Rockbridge, Buena Vista + Lexington Rockingham + Harrisonburg.................. Southampton + Franklin........................ Spotsylvania + Fredericksburg............. Washington + Bristol............................... Wise + Norton......................................... York + Poquoson..................................... Metropolitan portion............................ Per capita personal income1 Personal income Rank in state 2012 2010 2011 2012 Mingo........................................................ Monongalia.............................................. Monroe...................................................... Morgan...................................................... Nicholas................................................... Ohio.......................................................... Pendleton................................................. Pleasants................................................. Pocahontas.............................................. Preston...................................................... Putnam...................................................... Raleigh...................................................... Randolph.................................................. Ritchie....................................................... Roane ....................................................... Summers.................................................. Taylor......................................................... Tucker........................................................ Tyler........................................................... Upshur...................................................... Wayne....................................................... Webster..................................................... Wetzel....................................................... Wirt........................................................... Wood......................................................... Wyoming.................................................. 761 3,524 347 547 771 1,574 229 231 257 915 2,140 2,729 850 291 361 328 444 195 232 669 1,213 219 491 123 2,715 641 814 3,746 372 579 842 1,656 240 246 268 980 2,324 2,952 897 312 382 343 468 208 253 728 1,292 229 519 131 2,853 677 816 3,929 389 594 858 1,720 251 260 279 1,025 2,403 3,045 938 333 400 355 487 218 271 764 1,327 230 539 139 2,979 698 28,402 36,410 25,741 31,262 29,400 35,414 29,758 30,428 29*525 30,563 37,987 27,507 33,150 32,185 37,474 31,523 32,296 30*452 31,275 39,161 28,891 33,999 32,723 39,020 33,218 34,264 32*109 27,289 38,477 34,593 28,939 28,013 24,223 23,542 26,291 27,386 25,238 27,582 28,609 23,904 29,676 21,473 31,198 26*995 29,191 41,478 37,276 30,473 30,178 25,737 24,798 27,637 29,349 27,815 29,997 30,826 24,958 31,645 22,620 32,855 28,826 30,305 42,583 38,529 31,915 32,504 27,250 25,845 28,677 31,099 29,956 31,200 31,870 25,427 32,837 23,734 34,357 29,987 Wisconsin...................................... 220,502 232,094 241,201 38,755 40,648 42,121 Metropolitan portion............................ 168,972 177,927 184,992 40,400 42,354 43,829 Nonmetropolitan portion..................... Adams....................................................... Ashland..................................................... Barron....................................................... Bayfield..................................................... Brown........................................................ Buffalo....................................................... Burnett...................................................... Calumet.................................................... Chippewa................................................. Clark.......................................................... Columbia.................................................. Crawford................................................... Dane......................................................... Dodge....................................................... Door.......................................................... Douglas.................................................... Dunn......................................................... Eau Claire................................................ Florence.................................................... Fond du Lac............................................. Forest........................................................ Grant......................................................... Green........................................................ Green Lake.............................................. Iowa........................................................... Iron............................................................ Jackson.................................................... Jefferson.................................................. Juneau ...................................................... Kenosha................................................... Kewaunee................................................ La Crosse................................................. Lafayette.................................................... Langlade.................................................. Lincoln....................................................... Manitowoc................................................ Marathon.................................................. Marinette.................................................. Marquette................................................. Menominee.............................................. Milwaukee................................................ Monroe...................................................... Oconto...................................................... Oneida...................................................... Outagamie............................................... Ozaukee.................................................... Pepin......................................................... Pierce........................................................ Polk........................................................... Portage..................................................... Price.......................................................... Racine....................................................... Richland................................................... Rock.......................................................... Rusk.......................................................... St. Croix.................................................... Sauk.......................................................... Sawyer..................................................... Shawano.................................................. 51,530 700 524 1,530 503 9,718 533 536 2,031 2,130 1,007 2,268 535 22,236 3*022 <148 54,167 743 541 1,599 521 10,269 561 563 2,236 2,236 1,082 2,424 562 23,749 3'220 1*191 56,209 773 567 1,671 547 10,662 583 587 2,325 2,329 1,122 2,459 577 24,914 3,364 <261 34,191 33,562 32,387 33,361 33*506 35,899 35*507 39,096 39,334 34,713 41,440 34,077 29,025 39,859 32,176 45*460 1,397 1,409 3,671 156 3,660 299 1,676 1,338 687 891 219 685 2,890 804 5,834 748 4,312 538 688 953 3,012 4,937 1,427 457 119 36,453 1,482 1,343 1,359 6^560 1,446 1,504 3,880 164 3,849 304 1,766 1,412 756 951 229 738 2,988 847 6,060 806 4,528 624 711 978 3,190 5,119 1,498 480 122 37,496 1,558 1,429 1,406 6,874 5,454 283 1,430 1,535 2,611 488 7,658 595 5,487 421 3,526 2,341 599 1,410 1,481 1,564 4,074 172 4,019 318 1,816 1,465 787 976 242 770 3,104 883 6,429 819 4,718 613 740 1,012 3,259 5,308 1,566 494 127 38,808 1,599 1,463 1,475 7*224 34 089 41,440 31,619 32,102 37,133 35,494 35,987 32,173 32,750 36,298 36,108 37,639 37,243 33,485 34,539 30,155 35,009 36,371 37,528 32,056 34,502 33,145 37,062 36,820 34,210 29,698 28,071 38,437 33,125 35,679 37,804 37^087 40,987 41,605 36,287 45,006 35,568 31,187 42,732 33^641 47*837 36*295 37,332 37387 35,436 36*534 36*241 42*136 43*733 5,623 297 1,478 1,579 2,709 510 7,891 618 5,752 440 3,650 2,441 631 1,462 58,580 34,477 33,023 33,069 35,983 33,863 37,783 31,765 32,551 27,954 38,383 35,874 35*128 32^450 5,057 257 1,357 1,461 2,519 478 7,385 571 5,216 411 3,240 2,224 582 1,361 33,556 34,798 34*445 42,695 32,864 34,176 38.884 36,354 37,788 32,675 34,455 38,190 39,626 39,968 38,156 35,958 35,590 31,753 36,253 39,077 39,213 36,873 35,855 34,339 39,335 38,048 36,154 31,287 28,036 39,390 34,520 38,014 39,249 38^699 62,984 38,164 34,945 34,902 37,200 34,829 39,268 33,085 34,282 28*855 41,533 37,530 36,226 33*753 38,184 46,845 37,009 32,577 43,495 34,843 49*479 38350 45*344 33,819 35,499 40,469 38,395 39,459 34,523 35,540 39,681 41,319 40,991 40,700 37,594 36,740 33,151 38,282 39,725 40,514 36,383 37,672 35,627 40.394 39,399 37,690 32,466 29,303 40,628 35,459 39,085 41,299 40*399 64,758 40,204 36,215 36,200 38,457 36,740 40,510 34,673 35,855 30,741 42,815 38,998 38*067 35,149 2012 30 5 38 16 23 6 19 13 25 34 2 8 27 24 45 49 40 32 37 31 28 50 22 54 12 35 43 59 49 51 11 8 36 5 46 67 9 61 3 38 6 64 57 21 34 28 63 56 27 12 15 16 41 47 66 35 26 19 50 40 55 23 29 39 68 72 17 58 31 14 22 1 25 52 53 33 47 20 62 54 71 10 32 37 60 December 2013 45 Survey of Current Business Table 2. Personal Income and Per Capita Personal Income by County, 2010-2012—Table Ends Per capita personal income1 Personal income Millions of dollars Area Dollars 2010 2011 2012 2010 2011 2012 Sheboygan ..................................... Taylor............................................... Trempealeau................................... Vernon............................................. Vilas................................................. Walworth........................................ Washburn....................................... Washington..................................... Waukesha........................................ Waupaca........................................ Waushara....................................... Winnebago..................................... Wood....."........................................ 4,563 595 986 883 774 3,512 533 5,673 20,661 1,904 754 6,295 2,829 4,927 615 1,047 931 819 3,703 566 6,026 22,034 1,985 800 6,622 2,969 5,150 637 1,098 964 862 3,837 592 6,353 22,775 2,042 824 6,848 3,074 39,533 28,830 34,175 29,703 36,107 34,375 33,462 42,993 52,970 36,329 30,788 37,675 37,834 42,748 29,616 36,068 30,997 38,293 36,118 35,883 45,576 56,396 37,915 32,575 39,485 39,784 44,779 31,078 37,494 31,855 40,377 37,303 37,377 47,888 58,055 39,179 33,681 40,569 41,307 Wyoming.............................. 25,434 27,920 29,147 45,066 49,212 50,567 Metropolitan portion.................. 7,980 8,819 9,318 47,613 52,231 53,829 Nonmetropolitan portion........... Albany............................................. Big Horn.......................................... Campbell........................................ 17,453 1,285 368 2,172 19,102 1,415 409 2,263 19,829 1,439 426 2,340 43,989 35,271 31,479 46,961 47,932 38,406 34,782 48,579 49,166 38,601 36,129 48,872 7 70 42 69 24 45 44 4 2 30 65 18 13 21 23 10 Millions of dollars Area 2012 1. Per capita personal income was computed using Census Bureau midyear population estimates. 2. The personal income level shown for the United States is derived as the sum of the county estimates. 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 timing of the availability of source data. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per capita personal income' Personal income Rank in state 2010 Carbon............................................. Converse......................................... Crook............................................... Fremont............................................ Goshen............................................ Hot Springs..................................... Johnson ........................................... Laramie............................................ Lincoln.............................................. Natrona............................................ Niobrara........................................... Park.................................................. Platte................................................ Sheridan.......................................... Sublette............................................ Sweetwater..................................... Teton................................................ Uinta................................................. Washakie........................................ Weston............................................. 599 597 298 1,483 442 195 328 4,121 632 3,859 97 1,205 357 1,389 570 2,124 1,792 879 325 319 2011 668 659 332 1,590 504 217 344 4,573 720 4,246 112 1,337 389 1,457 638 2,515 1,936 885 349 363 Rank in state Dollars 2012 703 704 344 1,652 522 225 361 4,796 717 4,522 116 1,404 393 1,514 626 2,664 2,020 919 358 383 2010 2011 2012 37,866 43,171 41,857 36,850 32,940 40,461 38,257 44,734 34,959 51,127 38,790 42,610 41,131 47,648 55,735 48,701 84,185 41,656 38,076 44,420 42,314 47,956 46,650 39,186 37,061 45,117 39,924 49,443 39,939 55,608 44,916 47,018 44,686 49,804 63,015 57,048 90,258 42,298 41,195 51,060 44,882 50,251 48,102 40,177 38,274 46,656 41,898 50,755 39,927 57,522 47,088 48,933 44,890 51,164 60,381 58,843 93,194 43,698 42,286 54.068 2012 15 8 11 19 22 13 18 7 20 4 12 9 14 6 2 3 1 16 17 5 3. Virginia combination areas consist of one or two independent cities with populations of less than 100,000 combined with an adjacent county. The county name appears first, followed by the city name(s). Separate estimates for the jurisdic tions making up the combination areas are not available. 46 December 2013 Subject Guide Volume 93 January-December 2013 This guide lists the major items that were published in the Survey of Current Business in the January-December 2013 issues. It gives the month of the issue and the beginning page number, and it includes selected boxes that are cited by title and page number. BEA Briefings Fines and Penalties in the U.S. International Transac tions Accounts {July, 55} A First Look at Experimental Quarterly Gross Domes tic Product by State {September, 294} A First Look at Experimental Statistics on Personal Consumption Expenditures by State {August, 105} A Guide to the Integrated Macroeconomic Accounts {April, 12} Modernizing and Enhancing BEA’s International Eco nomic Accounts: A Progress Report {May, 44} Research Spotlights Alternative Measures of Implicitly Priced Financial Services of Savings Institutions and Credit Unions {November, 27} Recent Research on Disease-Based Price Indexes: Where Do We Stand? {July, 9} State-Level R&D by Multinational Companies: Results From an Interagency Data Link Project {September, 286} National Fixed assets and consumer durable goods For 2003-2012 {October, 10} Inventories, sales, and inventory-sales ratios for manufacturing and trade Third Quarter 2012 {January, 61} Fourth Quarter 2012 {April, 9} First Quarter 2013 {July, 6} Second Quarter 2013 {October, 6} National income and product accounts (NIPAs) 2013 Comprehensive Revision Initial Results {August, 6} Improved Estimates {September, 14} NIPA Tables {September, 46} GDP and the Economy Advance Estimates Fourth Quarter 2012 {February, 1} Key Issues Affecting the NIPAs for the Fourth Quarter {February, 6} https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis First Quarter 2013 {May, 1} Second Quarter 2013 {August, 1} Third Quarter 2013 {November, 1} Second Estimates Fourth Quarter 2012 {March, 1} First Quarter 2013 {June, 1} Second Quarter 2013 {August, 1} Third Quarter 2013 {December, 1} Third Estimates Third Quarter 2012 {January, 1} Fourth Quarter 2012 {April, 1} First Quarter 2013 {July, 1} Second Quarter 2013 {October, 1} Government Receipts and Expenditures Fourth Quarter 2012 {April, 6} First Quarter 2013 {June, 11} Second Quarter 2013 {August, 11} Third Quarter 2013 {December, 11} Returns for Domestic Nonfinancial Business {June, 14} Measuring the Services of Commercial Banks in the NIPAs: Changes in Concepts and Methods in the 2013 Comprehensive Revision {February, 8} Preview of the 2013 Comprehensive NIPA Revision Changes in Definitions and Presentations {March, 13} Statistical Changes {May, 6} Updated Summary of NIPA Methodologies {Novem ber, 6} NIPA translation of the federal budget For Fiscal Year 2014 {May, 15} Industry Industry accounts Annual Industry Accounts Advance Statistics on GDP by Industry for 2012 {May, 26} Industry economic accounts A Preview of the 2013 Comprehensive Revision of the Industry Economic Accounts {June, 19} Travel and tourism satellite accounts For 2008-2011 {June, 35} December 2013 International Direct investment positions Country and Industry Detail for 2012 {July, 26} Detailed Historical-Cost Positions and Related Finan cial and Income Flows for 2009-2012 {September, 200} Foreign direct investment in the United States Operations of U.S. Affiliates of Foreign Companies in 2011 {August, 82} U.S. direct investment abroad Operations of U.S. Multinational Companies in 2011 {November, 37} U.S. international investment position Quarter End Estimates Fourth Quarter 2012 {April, 65} First Quarter 2013 {July, 14} Second Quarter 2013 {October, 102} Year End Estimates For 2012 {April, 66} For 2012 {July, 15} U.S. international services Cross-Border Trade in 2012 and Services Supplied Through Affiliates in 2011 {October, 25} U.S. international transactions Annual Revision {July, 43} International Transactions and Positions in Financial Derivatives {July, 112} How BEA Aligns and Augments Source Data From the U.S. Treasury Department for Inclusion in the Inter national Transactions Accounts {July, 61} An Ownership-Based Framework of the U.S. Current Account for 2000-2011 {January, 40} Annual Estimates for 2012 {April, 36} Quarterly Estimates Third Quarter 2012 {January, 6} Fourth Quarter 2012 {April, 28} https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 47 Survey of Current Business First Quarter 2013 {July, 64} Second Quarter 2013 {October, 68} Reconciliation of the United States-Canadian Current Account, 2010 and 2011 {January, 45} Regional Gross domestic product by state Advance Statistics for 2012 and Revised Statistics for 1999-2011 {July, 115} Gross domestic product by metropolitan area Advance Statistics for 2011 and Revised Statistics for 2001-2010 {March, 41} Advance Statistics for 2012 and Revised Statistics for 2001-2011 {October, 105} Local area personal income Comprehensive Revision: New Statistics for 2012 and Revised Statistics for 2001-2011 {December, 14} Alternative Measures of County Employment and Wages {December, 21} Regional price parities for states and metropolitan areas For 2007-2011 {August, 89} Regional quarterly reports Local Area Personal Income for 2011 {January, 69} Alternative Measures of County Employment and Wages {January, 74} State Personal Income Alternative Measures of Household Income 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MARCH 2010 < SURVEY OF CURRENT BUSINESS BEA’s MONTHLY JOURNAL In This Issue ... NIPA Translation of the Fiscal Year 2011 Federal Budget Preview of the 2010 Comprehensive Revision of the Annual Industry Accounts Si BEA BUREAU OF ECONOMIC ANALYSIS U.S. DEPARTMENT OF COMMERCE The online Survey of Current Business features ■ The most recent articles ■ Links to interactive tables and charts ■ Search by date for past issues ■ Keyword search https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis www.bea December 2013 49 Schedule of BEA News Releases in 2014 January U.S. International Trade in Goods and Services, November 2013* Gross Domestic Product, 4th quarter 2013 and 2013 (advance estimate) Personal Income and Outlays, December 2013 February U.S. International Trade in Goods and Services, December 2013* Gross Domestic Product, 4th quarter 2013 and 2013 (second estimate) March Personal Income and Outlays, lanuary 2014 U.S. International Trade in Goods and Services, January 2014* U.S. International Transactions, 4th quarter 2013 and 2013 U.S. Travel and Tourism Satellite Accounts, 4th quarter 2013 State Quarterly Personal Income, 1st quarter 2013-4th quarter 2013 and State Annual Personal Income, 2013 (preliminary estimates) U.S. Net International Investment Position: End of 4th quarter 2013 and 2013 Gross Domestic Product, 4th quarter 2013 and 2013 (third estimate) and Corporate Profits, 4th quarter 2013 and 2013 Personal Income and Outlays, February 2014 April U.S. International Trade in Goods and Services, February 2014* Real Personal Income for States and Metropolitan Areas, 2008-2012 Gross Domestic Product by Industry, 4th quarter 2013 and 2013 Gross Domestic Product, 1st quarter 2014 (advance estimate) May Personal Income and Outlays, March 2014 U.S. International Trade in Goods and Services, March 2014* Gross Domestic Product, 1st quarter 2014 (second estimate) and Corporate Profits, 1st quarter 2014 (preliminary estimate) Personal Income and Outlays, April 2014 June U.S. International Trade in Goods and Services, April 2014* U.S. International Trade in Goods and Services Annual Revision, 2013* Gross Domestic Product by State, 2013 (advance estimates) and 1997—2012 (revised estimates) U.S. International Transactions, 1st quarter 2014 and Annual Revisions State Quarterly Personal Income, 1st quarter 2013-1st quarter 2014 Gross Domestic Product, 1st quarter 2014 (third estimate) and Corporate Profits, 1st quarter 2014 (revised estimate) Personal Income and Outlays, May 2014 U.S. Travel and Tourism Satellite Accounts, 1st quarter 2014 U.S. Net International Investment Position: End of 1st quarter 2014 and 2013 and Annual Revisions January 7 January 30 January 31 February 6 February 28 March 3 March 7 March 19 March 20 March 25 March 26 March 27 March 28 April 3 April 24 April 25 April 30 May 1 May 6 May 29 May 30 June 4 June 4 June 11 June 18 June 24 June 25 June 26 June Y1 June 30 All releases except “Personal Income and Outlays, November 2014” are scheduled for 8:30 a.m. This release is sched ules for 10 a.m. *Joint release by the Census Bureau and the Bureau of Economic Analysis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Schedule of News Releases in 2014 50 July U.S. International Trade in Goods and Services, May 2014* Gross Domestic Product by Industry, 1st quarter 2014 Gross Domestic Product, 2nd quarter 2014 (advance estimate) and Historical Revisions December 2013 July 3 July 25 July 30 August Personal Income and Outlays, June 2014 and Revised Estimates for 2011-May 2004 U.S. International Trade in Goods and Services, June 2014* Personal Consumption Expenditures by State, 1997-2012 (prototype statistics) Quarterly Gross Domestic Product by State, 2007-2013 (prototype statistics) Gross Domestic Product, 2nd quarter 2014 (second estimate) and Corporate Profits, 2nd quarter 2014 (preliminary estimate) Personal Income and Outlays, July 2014 September U.S. International Trade in Goods and Services, July 2014* Gross Domestic Product by Metropolitan Area, 2013 (advance estimates) and 2001-2012 (revised estimates) U.S. International Transactions, 2nd quarter, 2014 U.S. Travel and Tourism Satellite Accounts, 2nd quarter 2014 U.S. Net International Investment Position: End of 2nd quarter 2014 Gross Domestic Product, 2nd quarter 2014 (third estimate) and Corporate Profits, 2nd quarter 2014 (revised estimate) Personal Income and Outlays, August 2014 State Quarterly Personal Income, 1st quarter 2011—2nd quarter 2014 and Revised State Annual Personal Income, 2011—2013 October U.S. International Trade in Goods and Services, August 2014* Gross Domestic Product, 3rd quarter 2014 (advance estimate) Personal Income and Outlays, September 2014 November U.S. International Trade in Goods and Services, September 2014* Gross Domestic Product by Industry, 2nd quarter 2014 and 2011-2013 (revised estimates) Local Area Personal Income, 2011-2013 Gross Domestic Product, 3rd quarter 2014 (second estimate) and Corporate Profits, 3rd quarter 2014 (preliminary estimate) Personal Income and Outlays, October 2014 December U.S. International Trade in Goods and Services, October 2014* U.S. International Transactions, 3rd quarter 2014 U.S. Travel and Tourism Satellite Accounts, 3rd quarter 2014 State Quarterly Personal Income, 1st quarter 2013—3rd quarter 2014 Gross Domestic Product, 3rd quarter 2014 (third estimate) and Corporate Profits, 3rd quarter 2014 (revised estimate) August 1 August 6 August 7 August 20 August 28 August 29 September 4 September 16 September 17 September 18 September 25 September 26 September 29 September 30 October 3 October 30 October 31 November 4 November 13 November 20 November 25 November 26 December December December December 5 17 18 19 December 23 Personal Income and Outlays, November 2014 December 23 U.S. Net International Investment Position: End of 3rd quarter 2014 December 30 All releases except “Personal Income and Outlays, November 2014” are scheduled for 8:30 a.m. This release is sched ules for 10 a.m. *Joint release by the Census Bureau and the Bureau of Economic Analysis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis D-1 December 2013 BEA Current and Historical Data A selection of estimates from the national, industry, international, and regional accounts of the Bureau of Economic Analysis (BEA) are presented in this section. BEA’s estimates are not copyrighted and may be reprinted without BEA’s permission. Citing the Survey of Current Business and BEA as the source is appreciated. More detailed estimates from BEA’s accounts are available on BEA’s Web site at www.bea.gov. These estimates are available in a variety of formats. In addition, news releases, articles, and other information, including methodologies and working papers, are available. The tables present annual [A], quarterly [Q], and monthly [M] data. National Data A. Selected NIPA tables [A,Q] 1. 2. 3. 4. 5. 6. 7. Domestic product and income..............................D-2 Personal income and outlays................................. D-22 Government current receipts and expenditures ...D-27 Foreign transactions............................................... D-40 Saving and investment............................................D-44 Income and employment by industry................... D-51 Supplemental tables.................................................D-52 B. NIPA-related table B. l Personal income and its disposition [A, M]...... D-56 C. Historical measures [A, Q] C. l GDP and other major NIPA aggregates............ D-57 D. Charts Selected NIPA series................................................... D-61 Industry Data E. Industry table E. 1 Value added by industry [A]............................... D-67 International Data F. Transactions table F.l U.S. international transactions in goods and services [A, M]............................................D-68 F.2 U.S. international transactions [A, Q]................ D-69 F.3 U.S. international transactions by area [Q]......... D-70 F.4 Private services transactions [A].......................... D-73 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis G. Investment tables [A] G. 1 U.S. international investment position............. D-74 G.2 USDIA: Selected items........................................ D-75 G.3 Selected financial and operating data of foreign affiliates of U.S. companies............................ D-76 G.4 FDIUS: Selected items.......................................... D-77 G.5 Selected financial and operating data of U.S. affiliates of foreign companies....................... D-78 H. Charts The United States in the international economy..... D-79 Regional Data I. State and regional tables 1.1 Personal income [Q]............................................. D-80 1.2 Personal income and per capita personal income [A]......................................... D-81 1.3 Disposable personal income and per capita disposable personal income [A]......................D-82 1.4 Gross domestic product by state [A]................... D-83 J. Local area tables J.1 Personal income and per capita personal income by metropolitan area [A]..................................D-84 J.2 Gross domestic product by metropolitan area for industries [A].............................................. D-89 K. Charts Selected regional estimates........................................ D-93 Appendixes A. Additional information about the NIPA estimates Statistical conventions.................................................D-95 Reconciliation table [A, Q].........................................D-96 B. Suggested reading.........................................D-97 December 2013 D-2 National Data A. Selected NIPA Tables The selected set of NIPA tables presents the most recent estimates of gross domestic product (GDP) and its components, which were released on December 5, 2013. These estimates include the second estimates for the third quarter of 2013. Also included are revised estimates of wages and salaries and of affected income-side series for the second quarter of 2013. The selected set presents quarterly estimates that are updated monthly. Annual estimates are presented in most of the tables. Estimates for all NIPA series for 1929 forward are on BEA’s Web site at www.bea.gov. The GDP news release is available on BEA’s Web site within minutes after the release. To receive an e-mail no tification of the release, go to www.bea.gov and subscribe. The “Selected NIPA Tables” are available later that day. 1. Domestic Product and Income Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product Table 1.1.2. Contributions to Percent Change in Real Gross Domestic Product [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 IV III Line 2013 1 2012 III II Gross domestic product........ 1 1.8 2.8 2.8 0.1 1.1 2.5 3.6 Percent change at annual rate: 2 3 4 5 6 2.5 3.4 6.6 1.9 2.1 2.2 3.3 7.7 1.4 1.6 1.7 3.7 8.3 1.6 0.7 1.7 3.7 10.5 0.6 0.6 2.3 3.7 5.8 2.7 1.5 1.8 3.1 6.2 1.6 1.2 1.4 4.1 7.7 2.4 0.0 Percentage points at annual rates: Gross private domestic investment .................................. Fixed investment............................. Nonresidential............................ Structures............................... Equipment.............................. Intellectual property products Residential.................................. Change in private inventories....... 7 8 9 10 11 12 13 14 4.9 6.2 7.6 2.1 12.7 4.4 0.5 9.5 8.3 7.3 12.7 7.6 3.4 12.9 6.5 2.7 0.3 5.9 -3.9 2.8 14.1 -2.4 11.6 9.8 17.6 8.9 5.7 19.8 4.7 -1.5 -4.6 -25.7 1.6 3.7 12.5 9.2 6.5 4.7 17.6 3.3 -1.5 14.2 16.7 5.4 3.5 13.8 0.0 1.7 13.0 Net exports of goods and services Exports............................................ Goods.......................................... Services..................................... Imports...................................... Goods.......................................... Services..................................... 15 16 17 18 19 20 21 7.1 7.1 7.0 4.9 5.2 3.1 3.5 3.8 3.0 2.2 2.1 2.7 0.4 1.6 -2.6 0.5 0.4 1.0 1.1 -3.0 11.3 -3.1 -3.5 -1.0 -1.3 -2.8 2.2 0.6 -0.2 5.0 8.0 9.4 4.8 6.9 7.5 4.0 3.7 5.4 0.1 2.7 2.7 2.5 Government consumption expenditures and gross investment..................................... Federal............................................ National defense........................ Nondefense................................ State and local................................ 22 23 24 25 26 -3.2 -2.6 -2.3 -3.0 -3.6 -1.0 -1.4 -3.2 1.8 -0.7 3.5 8.9 12.5 2.8 -0.2 -6.5 -13.9 -21.6 1.0 -1.0 -4.2 -8.4 -11.2 -3.6 -1.3 -0.4 -iJ Addendum: Gross domestic product, current dollars.......................................... 27 3.8 4.6 4.9 1.6 2.8 Gross domestic product........ -0.6 -3.1 0.4 0.4 -1.4 -0.3 -3.1 1.7 3.1 5.6 2013 2012 IV III Personal consumption expenditures................................. Goods.............................................. Durable goods........................... Nondurable goods..................... Services.........7...................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2011 I II III 1 1.8 2.8 2.8 0.1 1.1 2.5 3.6 Personal consumption expenditures................................. Goods.............................................. Durable goods........................... Nondurable goods..................... Services..........”............................... 2 3 4 5 6 1.74 0.76 0.46 0.30 0.98 1.52 0.77 0.56 0.22 0.74 1.15 0.84 0.59 0.25 0.31 1.13 0.85 0.74 0.10 0.29 1.54 0.85 0.43 0.43 0.69 1.24 0.71 0.46 0.26 0.53 0.96 0.93 0.56 0.37 0.02 Gross private domestic investment..................................... Fixed investment............................ Nonresidential............................ Structures............................... Equipment.............................. Intellectual property products Residential.................................. Change in private inventories....... 7 8 9 10 11 12 13 14 0.69 0.85 0.84 0.05 0.62 0.17 0.01 -0.16 1.36 1.17 0.85 0.31 0.41 0.13 0.32 0.20 0.99 0.39 0.04 0.15 -0.22 0.11 0.35 0.60 -0.36 1.63 1.13 0.44 0.47 0.21 0.50 -2.00 0.71 -0.23 -0.57 -0.80 0.09 0.14 0.34 0.93 1.38 0.96 0.56 0.43 0.18 -0.06 0.40 0.41 2.49 0.81 0.42 0.36 0.00 0.07 0.38 1.68 Net exports of goods and services Exports............................................ Goods.......................................... Services...................................... Imports............................................. Goods.......................................... Services...................................... 15 16 17 18 19 20 21 0.10 0.89 0.63 0.27 -0.79 -0.70 -0.09 0.10 0.48 0.36 0.12 -0.38 -0.30 -0.07 -0.03 0.05 0.16 -0.10 -0.08 -0.05 -0.03 0.68 0.15 -0.28 0.43 0.53 0.50 0.03 -0.28 -0.18 -0.27 0.09 -0.10 0.03 -0.13 -0.07 1.04 0.84 0.20 -1.10 -1.00 -0.11 0.07 0.50 0.49 0.00 -0.43 -0.36 -0.07 Government consumption expenditures and gross investment..................................... Federal............................................. National defense........................ Nondefense................................ State and local................................ 22 23 24 25 26 -0.68 -0.23 -0.13 -0.10 -0.46 -0.20 -0.12 -0.17 0.05 -0.08 0.67 0.69 0.60 0.08 -0.02 -1.31 -1.19 -1.22 0.03 -0.12 -0.82 -0.68 -0.57 -0.11 -0.14 -0.07 -0.12 -0.03 -0.09 0.05 0.09 -0.10 -0.01 -0.09 0.19 December 2013 D-3 Survey of Current Business Table 1.1.3. Real Gross Domestic Product, Quantity Indexes Table 1.1.4. Price Indexes for Gross Domestic Product [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 Seasonally adjusted 2013 Line 2011 2012 2012 2013 III IV I II III III IV I II III Gross domestic product 1 104.400 107.302 107.741 107.780 108.087 108.751 109.718 Gross domestic product 1 103.203 105.008 105.345 105.640 105.994 106.165 106.681 Personal consumption expenditures........................ Goods..................................... Durable goods.................. Nondurable goods............ Services................................. 2 3 4 5 6 104.555 106.925 113.074 104.177 103.411 106.854 110.495 121.833 105.594 105.090 107.092 110.888 122.484 105.877 105.252 107.537 111.904 125.591 106.047 105.421 108.138 112.928 127.379 106.762 105.818 108.625 113.793 129.309 107.197 106.125 108.999 114.931 131.720 107.824 106.136 Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ Services.................................. 2 3 4 5 6 104.086 105.345 97.649 109.128 103.463 106.009 106 666 96.467 111.765 105.689 106.193 106 718 96.246 111.964 105.939 106.622 106 900 95.746 112.522 106.493 106.909 106 641 95.487 112.264 107.060 106.878 105 740 95.016 111.126 107.477 107.403 106 323 94.456 112.358 107.972 7 8 9 10 11 118.449 107.844 110.225 85.360 130.639 129.705 116.766 118.263 96.212 140.604 130.795 116.675 117.938 96.299 139.602 130.012 119.914 120.717 100.282 142.609 131.521 119.467 119.318 93.090 143.175 134.440 121.362 120.685 96.943 144.326 139.747 122.954 121.723 100.119 144.309 7 8 9 10 11 100.364 100.506 100.524 101.748 98.928 101.646 101.852 101.977 103 732 100.187 101.820 102.045 102.157 103 856 100.300 102.196 102.386 102.350 104 164 100.673 102.726 102.967 102.692 105189 100.601 103.206 103.478 103.008 106 521 100.500 103.528 103.854 103.268 107 275 100.568 12 13 14 106.388 97.964 109.962 110.581 110.072 111.476 111.617 116.635 112.648 120.123 112.235 124.180 112.707 128.026 12 13 14 101.789 100.392 103.169 101.246 103.486 101.505 103.325 102.500 103.816 104.088 104.071 105.396 104.275 106.238 Gross private domestic investment............................ Fixed investment.................... Nonresidential.................. Structures...................... Equipment..................... Intellectual property products.................... Residential......................... Change in private inventories Net exports of goods and services................................. Exports................................... Goods................................. Services............................ Imports................................... Goods................................. Services............................ 15 16 17 18 19 20 21 119.367 122.470 112.939 118.239 121.176 105.934 123.590 127.100 116.297 120.860 123.750 108.779 123.851 128.000 115.199 121.358 124.282 109.139 124.196 127.038 118.321 120.398 123.170 108.855 123.781 126.126 118.961 120.584 123.098 110.197 126.181 128.995 120.372 122.615 125.341 111.296 Government consumption expenditures and gross investment............................ Federal................................... National defense............... Nondefense....................... State and local....................... 22 23 24 25 26 96.868 101.660 100.802 103.230 93.751 95.921 100.212 97.562 105.068 93.128 96.752 102.212 100.446 105.440 93.207 95.135 98.455 94.506 105.708 92.966 94.117 96.315 91.731 104.740 92.672 94.024 95.933 91.592 103.910 92.765 Gross private domestic investment............................ Fixed investment.................... Nonresidential.................... Structures...................... Equipment..................... Intellectual property products..................... Residential......................... Change in private inventories 127.333 130.690 120.391 123.422 126.176 111.984 Net exports of goods and services................................. Exports................................... Goods................................. Services............................. Imports.................................... Goods................................. Services.............................. 15 16 17 18 19 20 21 111.140 113.012 107.039 114.273 116.178 105.713 112.185 113.507 109.312 114.862 116.855 105.895 112.114 113.414 109.293 113.570 115.316 105.740 112.543 113.731 109.974 114.725 116.592 106.336 112.944 114.060 110.531 114.873 116.779 106.309 112.034 112.771 110.451 113.411 115.028 106.165 112.357 112.985 111.015 113.486 115.149 106.026 94.126 95.598 91.512 103.104 93.150 Government consumption expenditures and gross investment............................. Federal.................................... National defense............... Nondefense....................... State and local....................... 22 23 24 25 26 105.560 105.344 105.191 105.624 105.710 106.882 106.184 106.252 106.077 107.371 106.850 106.224 106.322 106.065 107.288 107.209 106.370 106.542 106.081 107.798 107.454 107.007 107.283 106.549 107.775 107.485 107.229 107.512 106.760 107.676 107.903 107.485 107.757 107 034 108.205 Table 1.1.5. Gross Domestic Product Table 1.1.6. Real Gross Domestic Product, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 III Gross domestic product Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ Services................................. Line 2013 IV I II 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,890.8 2 10,711.8 11,149.6 11,193.6 11,285.5 11,379.2 11,427.1 11,522.8 3 3,602.7 3,769.7 3,784.9 3,826.1 3,851.8 3,848.5 3,908.4 4 1,129.9 1,202.7 1,206.5 1,230.7 1,244.8 1,257.5 1,273.4 5 2,472.8 2,567.0 2,578.4 2,595.4 2,607.0 2,591.0 2,635.1 6 7,109.1 7,379.9 7,408.7 7,459.4 7,527.4 7,578.6 7,614.3 Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ Services.................................. Gross private domestic investment Fixed investment.................... Nonresidential................... Structures...................... Equipment..................... Intellectual property products.................... Residential......................... Change in private inventories 7 8 9 10 11 2,232.1 2,195.6 1,809.9 380.6 832.7 2,475.2 2,409.1 1,970.0 437.3 907.6 2,493.3 2,411.7 1,968.0 438.3 902.2 2,499.9 2,486.9 2,018.2 457.8 925.0 2,555.1 2,491.7 2,001.4 429.1 928.0 2,621.0 2,543.8 2,030.6 452.6 934.6 2,732.6 2,586.5 2,053.2 470.7 935.1 12 13 14 596.6 385.8 36.4 625.0 439.2 66.1 627.5 443.7 81.6 635.4 468.8 13.0 644.3 490.3 63.4 643.5 513.2 77.2 647.5 533.3 146.0 Gross private domestic investment............................ Fixed investment.................... Nonresidential.................... Structures...................... Equipment..................... Intellectual property products..................... Residential......................... Change in private inventories Net exports of goods and services................................. Exports................................... Goods................................. Services............................ Imports................................... Goods................................. Services............................ 15 16 17 18 19 20 21 -568.7 2,101.2 1,473.6 627.6 2,669.9 2,234.6 435.3 -547.2 2,195.9 1,536.0 659.9 2,743.1 2,295.4 447.7 -524.4 2,199.2 1,545.6 653.6 2,723.5 2,275.0 448.6 -515.8 2,213.7 1,538.3 675.5 2,729.5 2.279.6 449.9 -523.1 2,214.2 1,531.6 682.6 2,737.3 2,281.9 455.3 -509.0 2,238.9 1,548.8 690.2 2,747.9 2,288.7 459.3 -501.9 2,265.9 1,572.1 693.8 2.767.8 2,306.3 461.5 Government consumption expenditures and gross investment............................ Federal................................... National defense............... Nondefense....................... State and local....................... 22 23 24 25 26 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3,158.7 1,304.1 835.8 468.2 1,854.7 3,167.0 1,295.7 817.1 478.6 1,871.3 3,193.5 1,322.1 841.9 480.2 1,871.4 3,150.7 1,275.2 793.7 481.5 1,875.4 3,124.1 1,255.0 775.8 479.2 1,869.1 3,121.9 1,252.6 776.3 476.3 1,869.3 2012 3,137.4 1,251.2 777.3 473.9 1,886.2 1 2013 2012 III Gross domestic product 1 2011 III IV 1 II III 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,819.0 2 10,291.3 10,517.6 10,541.0 10,584.8 10,644.0 10,691.9 10,728.7 3 3,419.9 3,534.1 3,546.7 3,579.2 3,611.9 3,639.6 3,676.0 4 1,157.1 1,246.7 1,253.4 1,285.2 1,303.5 1,323.2 1,347.9 5 2,266.0 2,296.8 2,303.0 2,306.7 2,322.2 2,331.7 2,345.3 6 6,871.1 6,982.7 6,993.4 7,004.7 7,031.1 7,051.5 7,052.2 7 8 9 10 11 2,224.6 2,184.6 1,800.5 374.1 841.7 2,436.0 2,365.3 1,931.8 421.6 905.9 2,456.5 2,363.5 1,926.4 422.0 899.5 2,441.8 2,429.1 1,971.9 439.4 918.8 2,470.1 2,420.0 1,949.0 407.9 922.5 2,524.9 2,458.4 1,971.3 424.8 929.9 2,624.6 2,490.7 1,988.3 438.7 929.8 12 13 14 586.1 384.3 33.6 605.8 433.7 57.6 606.4 437.3 77.2 614.9 457.5 7.3 620.6 471.2 42.2 618.3 487.1 56.6 620.9 502.2 116.5 Net exports of goods and services................................. Exports................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 15 16 17 18 19 20 21 -445.9 1,890.5 1,303.9 586.3 2,336.4 1,923.4 411.8 -430.8 1,957.4 1,353.2 603.7 2,388.2 1,964.3 422.8 -436.5 1,961.6 1,362.8 598.0 2,398.0 1,972.7 424.2 -412.1 1,967.0 1,352.6 614.2 2,379.1 1,955.1 423.1 -422.3 1,960.5 1,342.8 617.5 2,382.7 1,954.0 428.3 -424.4 1,998.4 1,373.4 624.9 2,422.9 1,989.6 432.6 -422.1 2,016.7 1,391.4 625.0 2,438.8 2,002.8 435.3 Government consumption expenditures and gross investment............................ Federal.................................... National defense............... Nondefense....................... State and local....................... Residual...................................... 22 23 24 25 26 27 2,992.3 1,237.9 794.6 443.3 1,754.5 -9.0 2,963.1 1,220.3 769.1 451.2 1,742.8 -13.0 2,988.8 1,244.6 791.8 452.8 1,744.3 -11.0 2,938.8 1,198.9 745.0 453.9 1,739.8 -22.2 2,907.4 1,172.8 723.1 449.8 1,734.3 -22.5 2,904.5 1,168.2 722.0 446.2 1,736.0 -23.7 2,907.6 1,164.1 721.4 442.7 1,743.2 -20.1 Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D-4 Table 1.1.7. Percent Change From Preceding Period in Prices for Gross Domestic Product December 2013 Table 1.1.8. Contributions to Percent Change in the Gross Domestic Product Price Index [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 IV III Seasonally adjusted at annual rates I Line 2012 2012 Gross domestic product 1 2.0 1.7 2.3 1.1 1.3 0.6 2.0 2 3 4 5 6 2.4 3.6 -1.0 5.9 1.8 1.8 1.3 -1.2 2.4 2.2 1.7 1.3 -2.2 3.0 1.9 1.6 0.7 -2.1 2.0 2.1 1.1 -1.0 -1.1 -0.9 2.1 -0.1 -3.3 -2.0 -4.0 1.6 2.0 2.2 -2.3 4.5 1.9 Gross private domestic investment............................ Fixed investment.................... Nonresidential................... Structures...................... Equipment..................... Intellectual property products.................... Residential......................... Change in private inventories 7 8 9 10 11 1.3 1.3 1.5 2.9 0.9 1.3 1.3 1.4 1.9 1.3 1.3 1.4 1.0 0.6 1.4 1.5 1.3 0.8 1.2 1.5 2.1 2.3 1.3 4.0 -0.3 1.9 2.0 1.2 5.2 -0.4 1.3 1.5 1.0 2.9 0.3 12 13 14 1.2 0.7 1.4 0.9 0.7 3.4 -0.6 4.0 1.9 6.3 1.0 5.1 0.8 3.2 Net exports of goods and services................................. Exports................................... Goods................................. Services............................ Imports................................... Goods................................. Services............................ 15 16 17 18 19 20 21 6.4 7.6 3.8 7.8 8.8 2.8 0.9 0.4 2.1 0.5 0.6 0.2 0.0 0.0 -0.1 -5.0 -5.9 -0.3 1.5 1.1 2.5 4.1 4.5 2.3 1.4 1.2 2.0 0.5 0.6 -0.1 -3.2 -4.4 -0.3 -5.0 -5.9 -0.5 1.2 0.8 2.1 0.3 0.4 -0.5 Government consumption expenditures and gross investment............................ Federal................................... National defense............... Nondefense....................... State and local....................... 22 23 24 25 26 2.8 2.7 2.8 2.5 2.9 1.3 0.8 1.0 0.4 1.6 0.3 0.2 0.4 -0.2 0.4 1.4 0.6 0.8 0.1 1.9 0.9 2.4 2.8 1.8 -0.1 0.1 0.8 0.9 0.8 -0.4 1.6 1.0 0.9 1.0 2.0 Addenda: Gross national product......... 27 2.0 1.7 2.3 1.1 1.3 0.6 2.0 28 29 2.0 2.0 1.7 1.7 2.1 2.1 1.4 1.4 1.7 1.7 0.6 0.6 2.0 2.0 2013 IV III Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ Services................................. Implicit price deflators: Gross domestic product1 Gross national product ’ 2011 III II I III II Percent change at annual rate: Gross domestic product 1 2.0 1.7 2.3 1.1 1.3 0.6 2.0 2 3 4 5 6 1.64 0.83 -0.07 0.90 0.81 1.27 0.29 -0.09 0.38 0.98 1.17 0.32 -0.16 0.48 0.86 1.11 0.16 -0.15 0.32 0.95 0.74 -0.23 -0.08 -0.14 0.97 -0.08 -0.79 -0.15 -0.64 0.71 1.35 0.51 -0.18 0.69 0.84 7 8 9 10 11 0.18 0.19 0.17 0.07 0.05 0.19 0.19 0.17 0.05 0.07 0.19 0.21 0.13 0.02 0.08 0.22 0.20 0.09 0.03 0.08 0.32 0.34 0.16 0.11 -0.02 0.29 0.30 0.15 0.13 -0.02 0.20 0.22 0.12 0.08 0.02 12 13 14 0.05 0.02 -0.01 0.05 0.02 0.00 0.03 0.09 -0.02 -0.02 0.11 0.02 0.07 0.18 -0.03 0.04 0.15 -0.01 0.03 0.10 -0.02 Net exports of goods and services ............................... Exports................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 15 16 17 18 19 20 21 -0.44 0.81 0.67 0.15 -1.25 -1.17 -0.08 0.04 0.13 0.04 0.09 -0.09 -0.08 0.00 0.87 0.00 0.00 0.00 0.87 0.86 0.01 -0.47 0.21 0.10 0.10 -0.67 -0.61 -0.06 0.11 0.19 0.11 0.08 -0.09 -0.09 0.00 0.41 -0.43 -0.42 -0.01 0.85 0.83 0.02 0.12 0.16 0.07 0.08 -0.04 -0.06 0.01 Government consumption expenditures and gross investment............................ Federal.................................... National defense............... Nondefense....................... State and local....................... 22 23 24 25 26 0.58 0.23 0.15 0.08 0.35 0.25 0.07 0.05 0.01 0.18 0.06 0.01 0.02 -0.01 0.05 0.26 0.04 0.04 0.00 0.22 0.18 0.18 0.13 0.05 -0.01 0.02 0.06 0.04 0.02 -0.04 0.29 0.07 0.04 0.03 0.22 Percentage points at annual rates: Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ Services.................................. Gross private domestic investment Fixed investment.................... Nonresidential.................... Structures...................... Equipment..................... Intellectual property products..................... Residential......................... Change in private inventories 1. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.1.9. Table 1.1.9. Implicit Price Deflators for Gross Domestic Product Table 1.1.10. Percentage Shares of Gross Domestic Product [Index numbers, 2009=100] [Percent] Seasonally adjusted 2011 2012 2012 III IV I II III 1 103.199 105.002 105.292 105.667 106.105 106.259 106.775 Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ Services................................. 2 3 4 5 6 104.086 105.345 97.649 109.128 103.463 106.009 106.666 96.467 111.765 105.689 106.191 106.717 96.258 111.962 105.938 106.620 106.900 95.758 112.520 106.491 106.907 106.640 95.500 112.262 107.059 106.876 105.739 95.029 111.124 107.476 107.401 106.323 94.469 112.356 107.971 7 8 9 10 11 100.336 100.506 100.524 101.748 98.928 101.608 101.852 101.977 103.732 100.187 101.498 102.039 102.156 103.859 100.299 102.382 102.382 102.349 104.175 100.673 103.442 102.962 102.691 105.200 100.601 103.805 103.473 103.007 106.533 100.500 104.113 103.850 103.268 107.287 100.569 12 13 14 101.788 100.392 103.167 101.246 103.484 101.471 103.322 102.463 103.813 104.050 104.069 105.358 104.272 106.200 Net exports of goods and services Exports................................... Goods................................. Services............................ Imports................................... Goods................................. Services............................. 15 16 17 18 19 20 21 111.140 113.013 107.039 114.273 116.178 105.713 112.185 113.508 109.312 114.862 116.855 105.895 112.113 113.413 109.290 113.574 115.321 105.740 112.543 113.730 109.972 114.730 116.598 106.336 112.943 114.059 110.529 114.879 116.785 106.308 112.034 112.770 110.448 113.416 115.034 106.164 112.357 112.984 111.014 113.491 115.155 106.026 Government consumption expenditures and gross investment............................ Federal................................... National defense............... Nondefense....................... State and local....................... 22 23 24 25 26 105.560 105 344 105.191 105.624 105.710 106.882 106 184 106.252 106.077 107.371 106.850 106 225 106.324 106.063 107.288 107.209 106.370 106.545 106.078 107.797 107.454 107.006 107.286 106.546 107.775 107.485 107.229 107.515 106.757 107.676 107.904 107.484 107.760 107.031 108.204 Addendum: Gross national product......... 27 103.322 105.126 105.413 105.788 106.225 106.380 106.896 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2011 2012 2013 Gross domestic product Gross private domestic investment............................ Fixed investment.................... Nonresidential................... Structures...................... Equipment..................... Intellectual property products.................... Residential......................... Change in private inventories 2013 2012 Line Line III IV II 1 III Gross domestic product 1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ Services.................................. 2 3 4 5 6 69.0 23.2 7.3 15.9 45.8 68.6 23.2 7.4 15.8 45.4 68.4 23.1 7.4 15.8 45.3 68.7 23.3 7.5 15.8 45.4 68.8 23.3 7.5 15.8 45.5 68.6 23.1 7.5 15.6 45.5 68.2 23.1 7.5 15.6 45.1 7 8 9 10 11 14.4 14.1 11.7 2.5 5.4 15.2 14.8 12.1 2.7 5.6 15.2 14.7 12.0 2.7 5.5 15.2 15.1 12.3 2.8 5.6 15.5 15.1 12.1 2.6 5.6 15.7 15.3 12.2 2.7 5.6 16.2 15.3 12.2 2.8 5.5 12 13 14 3.8 2.5 0.2 3.8 2.7 0.4 3.8 2.7 0.5 3.9 2.9 0.1 3.9 3.0 0.4 3.9 3.1 0.5 3.8 3.2 0.9 Net exports of goods and services................................. Exports................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. 15 16 17 18 19 20 21 -3.7 13.5 9.5 4.0 17.2 14.4 2.8 -3.4 13.5 9.5 4.1 16.9 14.1 2.8 -3.2 13.4 9.4 4.0 16.7 13.9 2.7 -3.1 13.5 9.4 4.1 16.6 13.9 2.7 -3.2 13.4 9.3 4.1 16.6 13.8 2.8 -3.1 13.4 9.3 4.1 16.5 13.7 2.8 -3.0 13.4 9.3 4.1 16.4 13.7 2.7 Government consumption expenditures and gross investment............................ Federal.................................... National defense............... Nondefense....................... State and local....................... 22 23 24 25 26 20.3 8.4 5.4 3.0 11.9 19.5 8.0 5.0 2.9 11.5 19.5 8.1 5.1 2.9 11.4 19.2 7.8 4.8 2.9 11.4 18.9 7.6 4.7 2.9 11.3 18.7 7.5 4.7 2.9 11.2 18.6 7.4 4.6 2.8 11.2 Gross private domestic investment............................ Fixed investment.................... Nonresidential.................... Structures...................... Equipment..................... Intellectual property products..................... Residential......................... Change in private inventories December 2013 D-5 Survey of Current Business Table 1.1.11. Real Gross Domestic Product: Percent Change From Quarter One Year Ago [Percent] 2012 2013 Line IV III I III II Gross domestic product..................................................................................................... 1 3.1 2.0 1.3 1.6 1.8 Personal consumption expenditures....................................................................................... Goods........................................................................................................................................... Durable goods......................................................................................................................... Nondurable goods.................................................................................................................. Services....................................................................................................................................... 2 3 4 5 6 2.2 39 8.6 1.7 1.4 2.0 35 7.8 1.6 1.3 1.9 33 69 1.7 1 1 1.9 36 77 1.6 1 0 1.8 36 75 1.8 08 Gross private domestic investment.......................................................................................... Fixed investment......................................................................................................................... Nonresidential........................................................................................................................ Structures............................................................................................................................ Equipment........................................................................................................................... Intellectual property products........................................................................................... Residential.............................................................................................................................. Change in private inventories.................................................................................................... 7 8 9 10 11 12 13 14 11.2 6.5 5.0 8.5 4.8 2.8 13.6 3.1 6.8 5.0 9.3 4.5 2.9 15.5 1.7 43 2.4 -0.3 2.9 3.5 12.9 4.4 47 2.4 2.1 2.4 2.7 15.1 6.8 54 3.2 4.0 3.4 2.4 14.8 Net exports of goods and services.......................................................................................... Exports.........7.............................................................................................................................. 15 16 17 18 19 20 21 2.8 4.0 -0.2 2.4 2.6 1.2 2.4 1.4 4.7 0.1 0.0 0.5 1.0 0.2 2.8 0.1 -0.2 1.8 2.0 1.2 3.8 1.2 1.0 2.2 2.8 2.1 4.5 1.7 1.5 2.6 National defense.................................................................................................................... Nondefense............................................................................................................................. State and local............................................................................................................................ 22 23 24 25 26 0.2 0.7 -1.7 5.1 -0.2 -1.1 -2.3 -5.0 2.6 -0.3 -1.8 -3.8 -6.2 0.3 -05 -2.0 -4.1 -6.1 -0.8 -0.5 -2.7 -6.5 -8.9 -2.2 -0.1 Addenda: Final sales of domestic product................................................................................................. Gross domestic purchases........................................................................................................ Final sales to domestic purchasers.......................................................................................... Gross domestic income.............................................................................................................. Gross national product............................................................................................................... Real disposable personal income............................................................................................ 27 28 29 30 31 32 2.5 3.1 2.4 2.0 2.9 1.3 2.5 1.6 2.1 2.6 1.8 3.6 1.7 1.2 1.5 1.9 1.2 0.4 1.7 1.5 1.5 2.8 1.5 0.9 1.6 1.7 1.4 3.0 1.9 1.8 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............................................................... 33 34 35 36 37 38 39 40 1.4 1.5 1.6 1.5 1.6 1.8 1.5 1.7 1.5 1.5 1 8 1.6 1.7 1.7 1.5 1.5 1.3 1.3 1 6 1.5 1.4 1.5 1.3 1.4 1.1 1.2 1.3 1.3 1.1 1.2 1.0 1.1 1.2 1.2 1.3 1.5 1.1 1.2 1.1 1.1 Goods....................................................................................................................................... Services.................................................................................................................................. Imports......................................................................................................................................... Goods....................................................................................................................................... Services................................................................................................................................... Government consumption expenditures and gross investment....................................... Federal.....................’..............'............................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. Note. Percent changes for real estimates are calculated from corresponding quantity indexes presented in NIPA tables 1.1.3,1.2.3,1.4.3, and 1.7.3. Percent changes in price estimates are calculated from corre sponding price indexes presented in NIPA tables 1.1.4,1.6.4, and 2.3.4. Table 1.2.1. Percent Change From Preceding Period in Real Gross Domestic Product by Major Type of Product [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 » 2013 IV III I II III Gross domestic product..................................................................................................... Final sales of domestic product....................................................................................... Change in private inventories........................................................................................... 1 2 3 1.8 2.0 2.8 2.6 2.8 2.2 0.1 2.2 1.1 0.2 2.5 2.1 3.6 1.9 Goods.............................................................................................................................................. Final sales............................................................................................................................... Change in private inventories................................................................................................ Durable goods............................................................................................................................. Final sales............................................................................................................................... Change in private inventories ’............................................................................................ Nondurable goods...................................................................................................................... Final sales............................................................................................................................... Change in private inventories '............................................................................................. 4 5 6 7 8 9 10 11 12 4.3 4.9 5.1 4.5 4.8 2.9 -1.2 5.6 5.5 2.3 3.9 2.6 9.6 3.9 6.6 6.4 5.3 4.7 4.3 3.4 0.6 6.4 0.7 3.3 4.1 2.9 5.3 0.3 1.5 3.1 4.9 4.3 5.4 2.2 -3.3 4.5 11.7 1.1 3.7 2.2 15.0 8.4 Services 2........................................................................................................................................ 13 1.1 1.2 1.6 -0.6 0.3 0.7 -0.2 Structures....................................................................................................................................... 14 -1.7 7.3 4.7 12.7 -9.2 11.9 12.4 Addenda: Motor vehicle output................................................................................................................... Gross domestic product excluding motor vehicle output........................................................ Final sales of computers3......................................................................................................... Gross domestic product excluding final sales of computers................................................. Gross domestic purchases excluding final sales of computers to domestic purchasers.... Research and development...................................................................................................... Gross domestic product excluding research and development............................................. Final sales of domestic product, current dollars...................................................................... 15 16 17 18 19 20 21 22 10.1 1.7 10.2 1.8 1.6 1.3 1.9 4.0 13.2 2.5 12.9 2.7 2.5 -0.3 2.9 4.4 0.2 2.9 0.9 2.8 2.9 1.7 2.8 4.6 -2.8 0.2 50.3 0.0 -0.9 0.4 0.1 3.3 9.2 0.9 17.5 1.1 1.4 -0.2 1.2 1.6 12.1 2.2 15.4 2.4 2.5 1.9 2.5 2.7 -12.7 4.1 -11.7 3.7 3.4 1.3 3.7 3.9 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-6 Table 1.2.2. Contributions to Percent Change in Real Gross Domestic Product by Major Type of Product December 2013 Table 1.2.3. Real Gross Domestic Product by Major Type of Product, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted at annual rates Line 2011 2012 2012 IV III Seasonally adjusted Line 2013 I 1 1.8 2.8 Percentage points at annual rates: Final sales of domestic product............................... Change in private inventories 2 3 2.01 -0.16 Goods................................................. Final sales.................................. Change in private inventories... Durable goods................................ Final sales.................................. Change in private inventories 1 Nondurable goods......................... Final sales.................................. Change in private inventories 1 4 5 6 7 8 9 10 11 12 Services 2........................................... Structures.......................................... Addenda: Motor vehicle output...................... Gross domestic product excluding motor vehicle output.................. Final sales of computers 3............ Gross domestic product excluding final sales of computers............ Research and development.......... Gross domestic product excluding research and development....... IV III 2.8 0.1 1.1 2.5 3.6 2.58 0.20 2.19 0.60 2.14 -2.00 0.21 0.93 2.07 0.41 1.92 1.68 1.26 1.42 -0.16 1.07 1.03 0.04 0.20 0.40 -0.20 1.53 1.33 0.20 0.89 0.77 0.12 0.64 0.56 0.08 1.46 0.86 0.60 0.72 0.56 0.16 0.74 0.30 0.44 -0.36 1.64 -2.00 0.09 1.03 -0.94 -0.45 0.61 -1.05 1.63 0.70 0.93 0.12 0.54 -0.42 1.51 0.15 1.35 1.20 0 79 0.41 0.70 0 49 0.21 0.50 0.30 0.20 2.86 1 18 1.68 0 90 007 0.83 1 96 1.11 0.85 • 13 0.70 0.76 1.00 -0.35 0.21 0.46 -0.14 14 -0.12 0.49 0.32 0.85 -0.70 0.82 0.88 15 0.23 0.32 0.01 -0.07 0.24 0.32 -0.37 16 17 1.62 0.04 2.46 0.05 2.78 0.00 0.22 0.16 0.91 0.07 2.16 0.06 3.98 -0.05 18 19 1.81 0.04 2.73 -0.01 2.78 0.04 -0.02 0.01 1.08 0.00 2.42 0.05 3.65 0.03 20 1.81 2.79 2.74 0.13 1.15 2.43 3.57 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. Gross domestic product........ Final sales of domestic product................................ Change in private inventories 2013 2012 III II Percent change at annual rate: Gross domestic product........ 2012 2011 I III II 1 104.400 107.302 107.741 107.780 108.087 108.751 109.718 2 103.082 105.751 106.038 106.610 106.666 107.214 107.721 3 Goods................................................. Final sales................................... Change in private inventories... Durable goods................................ Final sales................................... Change in private inventories 1 Nondurable goods......................... Final sales................................... Change in private inventories 1 4 5 6 7 8 9 10 11 12 Services 2........................................... 13 102.244 103.463 103.778 103.634 103.723 103.912 103.849 Structures........................................... 14 Addenda: Motor vehicle output...................... Gross domestic product excluding motor vehicle output.................. Final sales of computers 3............ Gross domestic product excluding final sales of computers............ Gross domestic purchases excluding final sales of computers to domestic purchasers >......................... Research and development.......... Gross domestic product excluding research and development...... 113.247 119.044 119.877 119.520 121.121 122.295 125.123 108.342 113.216 113.495 115.042 115.700 116.442 117.558 118.549 124.849 125.614 125.788 126.014 127.298 128.953 110.537 115.729 115.895 117.715 118.669 119.516 119.615 106.969 112.182 113.087 112.137 115.277 116.325 120.469 105.657 110.150 110.564 111.792 112.105 112.723 115.028 90.647 97.238 97.313 100.256 97.863 100.648 103.633 15 143.428 162.380 163.327 162.190 165.810 170.616 164.921 16 103.707 106.319 106.749 106.809 107.057 107.646 108.733 17 105.257 118.857 114.126 126.373 131.570 136.355 132.168 18 104.400 107.260 107.718 107.713 108.003 108.653 109.636 19 104.553 107.203 107.722 107.486 107 871 108 549 109 464 20 103.275 102.944 102.990 103.103 103.064 103.561 103.906 21 104.431 107.421 107.870 107.908 108.225 108.893 109.877 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production. 3. Some components of final sales of computers include computer parts. Table 1.2.5. Gross Domestic Product by Major Type of Product [Billions of dollars] Seasonally adjusted at annual rates Table 1.2.4. Price Indexes for Gross Domestic Product by Major Type of Product Line 2011 2012 [Index numbers, 2009=100] Line 2011 2012 2012 III Gross domestic product........ Final sales of domestic product............................... Change in private inventories Goods................................................. Final sales.................................. Change in private inventories... Durable goods................................ Final sales.................................. Change in private inventories 1 Nondurable goods......................... Final sales.................................. Change in private inventories 1 2013 IV I II III 1 103.203 105.008 105.345 105.640 105.994 106.165 106.681 2 103.217 105.033 105.374 105.663 106.024 106.199 106.725 3 4 5 6 7 8 9 10 11 12 101.212 102.471 103.170 102.929 102.798 102.492 102.943 101.271 102.561 103.277 103.011 102.902 102.602 103.083 99.453 99.525 99.860 99.948 99.932 100.019 99.746 99.815 99.834 99.903 99.892 99.951 99.960 100.021 103.461 105.859 107.372 107.079 106.657 105.872 106.834 103.499 105.941 107.477 107.133 106.763 105.992 107.022 Services 2........................................... 13 104.284 106.333 106.497 107.027 107.530 107.826 108.344 Structures.......................................... 14 101.862 103.903 104.149 104.766 105.946 107.141 107.922 Addenda: Motor vehicle output...................... Gross domestic product excluding motor vehicle output.................. Final sales of computers 3............ Gross domestic product excluding final sales of computers............ Implicit price deflator for final sales of domestic product................... Research and development.......... Gross domestic product excluding research and development....... IV III Seasonally adjusted 15 106.765 108.896 109.030 109.248 109.475 110.221 110.845 16 103.131 104.928 105.270 105.568 105.924 106.080 106.594 17 83.430 77.703 76.888 74.469 72.856 71.250 69.602 18 103.299 105.145 105.488 105.799 106.164 106.346 106.876 19 103.217 105.033 105.371 105.660 106.021 106.196 106.722 20 105.531 108.260 108.877 108.846 109.610 109.784 110.152 Gross domestic product... Final sales of domestic product.......................... Change in private inventories.................... Goods............................................ Final sales.............................. Change in private inventories........................ Durable goods.......................... Final sales.............................. Change in private inventories 1...................... Nondurable goods.................... Final sales.............................. Change in private inventories 1...................... 2013 2012 I II III 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,890.8 2 15,497.4 16,178.5 16,274.4 16,407.3 16,471.9 16,583.8 16,744.8 3 36.4 66.1 81.6 13.0 63.4 77.2 146.0 4 5 4,652.8 4,616.4 4,951.6 4,885.5 5,013.1 4,931.5 4,998.8 4,985.8 5,072.4 5,009.0 5,103.7 5,026.4 5,244.4 5,098.4 6 7 8 36.4 2,613.7 2,567.5 66.1 2,763.7 2,699.1 81.6 2,783.1 2,705.3 13.0 2,781.5 2,742.2 63.4 2,788.9 2,766.9 77.2 2,818.8 2,788.2 146.0 2,857.2 2,792.2 9 10 11 46.2 2,039.1 2,048.9 64.6 2,187.9 2,186.5 77.8 2,230.0 2,226.2 39.3 2,217.3 2,243.7 22.0 2,283.6 2,242.2 30.7 2,284.8 2,238.2 65.0 2,387.2 2,306.2 -9.8 1.5 3.8 -26.3 41.4 46.6 81.0 12 Services 2..................................... 13 9,827.5 10,140.1 10,186.6 10,223.1 10,279.9 10,327.0 10,370.3 Structures..................................... 14 1,053.6 1,152.9 1,156.4 1,198.4 1,183.0 1,230.4 1,276.1 15 377.7 436.1 439.2 437.0 447.8 463.7 450.8 Addenda: Motor vehicle output................ Gross domestic product excluding motor vehicle output..................................... Final sales of computers 3....... Gross domestic product excluding final sales of computers.............................. Research and development.... Gross domestic product excluding research and development......................... 16 15,156.2 15,808.5 15,916.9 15,983.3 16,087.5 16,197.3 16,440.0 17 63.7 66.9 63.6 68.3 69.5 70.5 66.7 18 15,470.2 16,177.6 16,292.4 16,352.1 16,465.8 16,590.6 16,824.1 19 408.5 417.7 420.3 423.4 426.1 429.0 420.6 20 15,125.4 15,826.9 15,935.8 15,999.7 16,111.9 16,234.9 16,461.8 21 103.141 104.922 105.252 105.556 105.899 106.069 106.590 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 2013 D-7 Survey of Current Business Table 1.2.6. Real Gross Domestic Product by Major Type of Product, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 Gross domestic product................................................................................................. 2013 2012 IV III I II III 1 2 3 4 15,052.4 15,470.7 15,014.4 33.6 4.4 15,403.2 57.6 9.9 15,534.0 15,444.9 77.2 11.9 15,539.6 15,528.3 7.3 4.0 15,583.9 15,536.4 42.2 5.3 15,679.7 15,616.2 56.6 6.9 15,819.0 15,690.1 116.5 12.4 5 6 7 8 9 10 11 12 13 4,597.7 Final sales................................................................................................................................. .... Change in private inventories................................................................................................... Durable goods................................................................................................................................. . Final sales................................................................................................................................. .... Change in private inventories'............................................................................................... Nondurable goods........................................................................................................................... Final sales................................................................................................................................. .... Change in private inventories 1............................................................................................... 4,558.4 33.6 2,628.0 2,579.7 42.9 1,971.5 1,979.6 -6.5 4,833.1 4,763.5 57.6 2,767.7 2,700.9 59.8 2,067.6 2,063.8 2.3 4,866.9 4,775.3 77.2 2,784.6 2,704.8 72.1 2,084.3 2,071.6 9.9 4,852.4 4,840.4 7.3 2,788.5 2,747.2 36.3 2,066.8 2,094.6 -24.5 4,917.4 4,868.1 42.2 2,793.5 2,769.5 20.4 2,124.7 2,100.5 22.1 4,965.1 4,899.3 56.6 2,822.0 2,789.3 28.5 2,144.0 2,112.0 28.6 5,079.9 4,946.2 116.5 2,858.7 2,791.6 60.6 2,220.3 2,155.2 57.4 Services 2.................................................................................................................................... 14 9,423.8 9,536.2 9,565.2 9,552.0 9,560.1 9,577.6 9,571.8 Structures................................................................................................................................... 15 16 1,034.3 1,110.4 0.0 1,144.0 1,116.7 -1.4 1,109.5 -1.8 -10.0 -5.4 1,148.5 -4.8 1,182.5 -0.1 17 18 19 20 21 22 354.0 14,696.4 76.3 14,976.7 387.1 14,665.3 400.8 15,066.6 86.2 15,386.9 385.8 15,085.2 403.1 15,127.5 82.7 15,452.6 386.0 15,148.4 400.3 15,136.0 91.6 15,451.9 386.4 15,153.6 409.3 15,171.1 95.4 15,493.5 386.3 15,198.1 421.1 15,254.7 98.8 15,586.7 388.2 15,292.0 407.1 15,408.7 95.8 15,727.8 389.4 15,430.2 Final sales of domestic product.......................................................................................... Change in private inventories.............................................................................................. Residual................................................................................................................................. .. Goods.......................................................................................................................................... Residual................................................................................................................................. ................. Addenda: Motor vehicle output........................................................................................................................ Gross domestic product excluding motor vehicle output....................................................... Final sales of computers3............................................................................................................ Gross domestic product excluding final sales of computers................................................ Research and development.......................................................................................................... Gross domestic product excluding research and development............................................ 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 (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. 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 2012 2011 2013 2012 IV III I II III Gross domestic product................................................................................................ 1 1.8 2.8 2.8 0.1 1.1 2.5 3.6 Business 1.................................................................................................................................. 2 3 4 2.4 2.5 -5.1 3.6 3.7 -1.1 3.6 4.2 -30.8 0.2 0.7 -27.0 1.4 -0.3 179.6 3.4 3.3 9.0 4.9 4.7 14.2 5 6 7 0.9 0.6 -0.3 1.7 0.4 0.2 0.3 1.8 0.1 0.7 -0.6 1.2 1.2 1.2 1.3 -0.1 -0.5 0.4 0.5 1.5 -0.7 8 9 10 -0.4 1.0 -1.0 0.0 -0.1 0.0 0.6 -0.6 1.2 -0.4 -0.6 -0.3 -0.3 -1.2 0.1 -0.2 -1.6 0.5 -4.5 0.6 11 1.7 0.7 0.6 -0.2 1.3 0.2 1.7 Nonfarm 2......................................................................... Farm............................................................................ Households and institutions..................................... Households..................................................................... Nonprofit institutions serving households3. General government4............................................................................................................. Federal................................................................................................................................. .............. State and local................................................................................................................................. -1.1 Addendum: Gross housing value added.......................................................................................................... 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-8 December 2013 Table 1.3.3. Real Gross Value Added by Sector, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 2013 IV III I II III Gross domestic product................................................................................................. 1 104.400 107.302 107.741 107.780 108.087 108.751 109.718 Business 1.................................................................................................................................. Nonfarm 2................................................................................................................................. Farm.......................................................................................................................................... 2 3 4 105.617 105.742 96.373 109.454 109.658 95.296 110.026 110.276 92.889 110.091 110.461 85.858 110.469 110.387 111.020 111.384 111.274 113.432 112.721 112.568 117.252 Households and institutions.................................................................................................. Households.............................................................................................................................. Nonprofit institutions serving households 3......................................................................... 5 6 7 101.836 100.801 103.260 102.441 100.531 105.064 102.487 100.546 105.152 102.533 100.393 105.470 102.847 100.689 105.808 102.828 100.575 105.920 102.967 100.942 105.745 General government4.............................................................................................................. Federal...................................................................................................................................... State and local........................................................................................................................ 8 9 10 100.241 104.444 98.291 100.233 104.379 98.309 100.321 104.295 98.477 100.209 104.126 98.392 100.124 103.807 98.415 100.071 103.390 98.532 99.802 102.204 98.691 Addendum: Gross housing value added.................................................................................................. 11 103.159 103.919 104.029 103.969 104.314 104.371 104.804 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. Table 1.3.4. Price Indexes for Gross Value Added by Sector [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 2013 IV III I II III Gross domestic product................................................................................................ 1 103.203 105.008 105.345 105.640 105.994 106.165 106.681 Business 1.................................................................................................................................. Nonfarm 2................................................................................................................................. Farm.......................................................................................................................................... 2 3 4 103.290 102.751 156.875 105.154 104.602 159.982 105.586 105.010 162.598 105.797 105.141 172.290 106.165 105.379 186.517 106.274 105.597 176.543 106.816 106.226 169.173 Households and institutions................................................................................................... Households.............................................................................................................................. Nonprofit institutions serving households 3......................................................................... 5 6 7 101.189 100.923 101.553 103.320 102.881 103.915 103.494 103.110 104.017 104.223 103.604 105.058 104.651 104.175 105.297 105.186 104.821 105.685 105.758 105.366 106.294 General government4.............................................................................................................. Federal...................................................................................................................................... State and local........................................................................................................................ 8 9 10 104.716 105.161 104.502 105.841 105.770 105.881 105.770 105.819 105.751 106.130 105.958 106.218 106.321 106.687 106.147 106.495 107.059 106.224 106.796 107.356 106.527 Addendum: Gross housing value added................................................................................................... 11 101.037 103.232 103.485 104.067 104.672 105.332 105.944 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. Table 1.3.5. Gross Value Added by Sector [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III 2013 IV I II III Gross domestic product................................................................................................. 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,890.8 Business 1................................................................................................................................... Nonfarm 2................................................................................................................................. Farm.......................................................................................................................................... 2 3 4 11,559.5 11,393.5 166.0 12,195.4 12,028.5 166.9 12,302.1 12,139.1 163.1 12,346.6 12,184.0 162.6 12,445.0 12,198.3 246.7 12,558.3 12,321.9 236.4 12,773.8 12,538.4 235.4 Households and institutions.................................................................................................. Households.............................................................................................................................. Nonprofit institutions serving households 3......................................................................... 5 6 7 1,971.9 1,129.3 842.6 2,025.4 1,148.1 877.3 2,029.7 1,150.9 878.8 2,044.9 1,154.6 890.3 2,059.6 1,164.4 895.2 2,069.8 1,170.3 899.5 2,083.8 1,180.7 903.2 General government4.............................................................................................................. Federal...................................................................................................................................... State and local........................................................................................................................ 8 9 10 2,002.4 663.0 1,339.4 2,023.7 666.4 1,357.3 2,024.2 666.2 1,358.0 2,028.8 666.0 1,362.8 2,030.7 668.5 1,362.2 2,033.0 668.1 1,364.8 2,033.2 662.3 1,370.9 Addendum: Gross housing value added.................................................................................................. 11 1,468.6 1,511.6 1,516.9 1,524.5 1,538.5 1,549.0 1,564.5 1. Equals gross domestic product excluding gross value added of households and institutions and of general government. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenantoccupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 Survey of D-9 Current Business Table 1.3.6. Real Gross Value Added by Sector, Chained Dollars Table 1.4.1. Percent Change From Preceding Period in Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Billions of chained (2009) dollars] Seasonally adjusted at annual rates [Percent] Line 2011 2013 2012 2012 IV III II I Seasonally adjusted at annual rates III Line Gross domestic product 1 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,819.0 Business '................................. Nonfarm 2............................... Farm....................................... 2 11,191.9 11,598.5 11,659.2 11,666.1 11,706.0 11,803.0 11,944.7 3 11,089.1 11,499.7 11,564.5 11,583.9 11,576.2 11,669.2 11,804.9 4 128.7 105.8 104.6 102.0 94.3 121.9 124.5 Households and institutions Households........................... Nonprofit institutions serving households 3..................... 5 6 7 829.7 844.2 844.9 847.5 850.2 General government4............ Federal................................... State and local....................... Residual..................................... 8 9 10 11 1,912.2 630.5 1,281.7 -3.4 1,912.1 630.1 1,281.9 -5.8 1,913.7 629.6 1,284.1 -7.2 1,911.6 628.5 1,283.0 -12.0 1,910.0 626.6 1,283.3 8.0 Addendum: Gross housing value added 12 1,453.5 1,464.2 1,465.8 1,464.9 1,469.8 1,470.6 1,476.7 1,948.8 1,119.0 1,961.2 1,116.1 1,960.3 1,116.0 1,962.1 1,114.4 1,968.1 1,117.7 2011 2012 2012 2013 IV I 1,970.4 1,120.5 Gross domestic product................... Less: Exports of goods and services Plus: Imports of goods and services 1 2 3 1.8 7.1 4.9 2.8 3.5 2.2 2.8 0.4 0.5 0.1 1.1 -3.1 1.1 -1.3 0.6 2.5 8.0 6.9 3.6 3.7 2.7 4 5 2.6 2.7 -0.5 1.4 2.5 3.4 849.7 Equals: Gross domestic purchases Less: Change in private inventories.... 1.7 851.1 1,909.0 624.1 1,284.9 9.4 1,903.8 616.9 1,286.9 11.4 Equals: Final sales to domestic purchasers....................................... 6 1.8 2.4 2.2 1.4 0.5 2.1 1.8 7 2.0 2.6 2.2 2.2 0.2 2.1 1.9 8 4.0 4.3 3.9 1.3 2.9 2.6 5.3 9 4.2 4.1 3.6 3.0 1.7 2.3 3.7 1,967.7 1,116.5 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. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. III Addenda: Final sales of domestic product..... Gross domestic purchases, current dollars............................................ Final sales to domestic purchasers, current dollars............................... II III 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, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Seasonally adjusted 2011 Line 2012 Line 2013 2012 IV III I II 2011 2012 2013 2012 IV III III I III II Gross domestic product.................. Less: Exports of goods and services Plus: Imports of goods and services 1 104.400 107.302 107.741 107.780 108.087 108.751 109.718 2 119.367 123.590 123.851 124.196 123.781 126.181 127.333 3 118.239 120.860 121.358 120.398 120.584 122.615 123.422 Gross domestic product................. Less: Exports of goods and services Plus: Imports of goods and services 1 103.203 105.008 105.345 105.640 105.994 106.165 106.681 2 111.140 112.185 112.114 112.543 112.944 112.034 112.357 3 114.273 114.862 113.570 114.725 114.873 113.411 113.486 Equals: Gross domestic purchases Less: Change in private inventories... 4 104.666 107.374 107.841 107.702 108.073 108.737 109.660 5 Equals: Gross domestic purchases Less: Change in private inventories... 4 103.884 105.599 105.742 106.150 106.467 106.526 107.001 5 Equals: Final sales to domestic purchasers...................................... 6 103.381 105.866 106.185 106.565 106.691 107.242 107.720 Equals: Final sales to domestic purchasers...................................... 6 103.898 105.624 105.769 106.171 106.496 106.559 107.042 Addendum: Final sales of domestic product..... 7 103.082 105.751 106.038 106.610 106.666 107.214 107.721 Addenda: Final sales of domestic product.... Implicit price deflator for final sales to domestic purchasers.............. 7 103.217 105.033 105.374 105.663 106.024 106.199 106.725 8 103.898 105.624 105.767 106.170 106.494 106.557 107.040 Table 1.4.5. Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.4.6. Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Gross domestic product........ Less: Exports of goods and services.................................. Plus: Imports of goods and services.................................. Equals: Gross domestic purchases.............................. Less: Change in private inventories.............................. Equals: Final sales to domestic purchasers......... Addendum: Final sales of domestic product.............................. Seasonally adjusted at annual rates 2013 IV I II Line 2011 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,890.8 2 2,101.2 2,195.9 2,199.2 2,213.7 2,214.2 2,238.9 2,265.9 3 2,669.9 2,743.1 2,723.5 2,729.5 2,737.3 2,747.9 2,767.8 III Gross domestic product............ Less: Exports of goods and services...................................... Plus: Imports of goods and services...................................... 2013 2012 2012 III I IV II III 1 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,819.0 2 1,890.5 1,957.4 1,961.6 1,967.0 1,960.5 1,998.4 2,016.7 3 2,336.4 2,388.2 2,398.0 2,379.1 2,382.7 2,422.9 2,438.8 146.0 Equals: Gross domestic purchases.................................. Less: Change in private inventories.................................. 6 16,066.2 16,725.7 16,798.8 16,923.1 16,995.0 17,092.8 17,246.8 Equals: Final sales to domestic purchasers................................. 6 15,463.4 15,835.2 15,882.8 15,939.7 15,958.6 16,041.0 16,112.4 Addendum: Final sales of domestic product 7 15,014.4 15,403.2 15,444.9 15,528.3 15,536.4 15,616.2 15,690.1 4 16,102.6 16,791.8 16,880.4 16,936.1 17,058.4 17,170.0 17,392.8 5 36.4 66.1 81.6 13.0 63.4 77.2 4 15,501.1 15,902.3 15,971.4 15,950.8 16,005.8 16,104.1 16,240.7 5 33.6 57.6 77.2 7.3 42.2 56.6 116.5 7 15,497.4 16,178.5 16,274.4 16,407.3 16,471.9 16,583.8 16,744.8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. National Data D-10 Table 1.5.1. Percent Change From Preceding Period in Real Gross Domestic Product, Expanded Detail December 2013 Table 1.5.2. Contributions to Percent Change in Real Gross Domestic Product, Expanded Detail [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2012 2012 IV III Line 2013 I II 2012 III 1 1.8 2.8 2.8 0.1 1.1 2.5 3.6 Percent change at annual rate; Personal consumption 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 (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 institutions2.......................... Less: Receipts from sales of goods and services by nonprofit institutions 3.......... 2 3 4 5 2.5 3.4 6.6 4.9 2.2 3.3 7.7 7.2 1.7 3.7 8.3 8.3 1.7 3.7 10.5 14.3 2.3 3.7 5.8 5.2 1.8 3.1 6.2 -0.9 1.4 4.1 7.7 5.4 Percentage points at annual rates: 6 5.5 6.1 5.6 4.4 4.1 9.0 12.1 7 8 9 10.0 5.3 1.9 10.9 5.7 1.4 11.5 6.9 1.6 10.7 11.5 0.6 8.1 5.8 2.7 11.7 8.6 1.6 11.6 0.0 2.4 10 11 1.6 3.8 1.3 1.2 1.6 5.2 0.9 -1.8 2.0 1.8 -1.1 5.9 2.8 -3.7 12 13 14 -2.5 3.4 2.1 -1.4 2.7 1.6 -3.3 2.4 0.7 -5.3 4.2 0.6 4.5 3.0 1.5 -0.9 3.7 1.2 -0.8 5.6 0.0 15 16 17 18 19 2.2 1.3 2.7 2.5 2.1 1.5 0.8 2.7 1.3 1.4 0.6 1.3 2.3 1.0 1.1 0.3 -2.7 2.3 -0.2 -1.7 2.4 4.7 1.3 2.9 2.4 1.4 0.1 3.6 0.1 -0.9 0.0 -2.2 0.9 1.3 1.0 20 4.0 3.6 1.3 6.5 2.5 0.8 0.0 21 22 3.0 1.5 -1.3 1.7 -6.7 1.5 -0.2 0.2 5.5 -2.8 4.0 -0.4 0.8 1.3 23 0.2 5.3 3.4 9.0 -18.1 -3.9 2.1 24 1.3 2.9 4.3 1.2 -3.0 3.4 0.8 25 1.6 2.2 4.5 -1.3 2.4 5.7 0.4 26 27 28 29 30 4.9 6.2 7.6 2.1 12.7 9.5 8.3 7.3 12.7 7.6 6.5 2.7 0.3 5.9 -3.9 -2.4 11.6 9.8 17.6 8.9 4.7 -1.5 -4.6 -25.7 1.6 9.2 6.5 4.7 17.6 3.3 16.7 5.4 3.5 13.8 0.0 31 2.3 2.7 -4.5 20.0 -2.7 9.3 1.8 Industrial equipment............. Transportation equipment.... Other equipment................... Intellectual property products... Software 4.............................. Research and development5 Entertainment, literary, and artistic originals................. Residential...................................... Change in private inventories........... Farm................................................ Nonfarm........................................... 32 33 34 35 36 37 38 39 -1.5 3.8 15.7 32.2 12.2 4.4 6.1 3.2 5.4 1.7 5.5 22.2 3.9 3.4 5.9 1.6 -33.4 9.2 0.3 -16.9 7.8 2.8 3.7 2.7 80.1 3.1 6.2 1.1 5.6 5.7 9.4 3.1 -15.8 3.0 0.3 -7.6 18.8 3.7 7.7 -0.3 -14.9 19.8 -1.0 6.5 -3.1 -1.5 -5.9 2.2 1.9 1.8 15.2 2.2 -16.0 1.7 2.0 2.5 40 41 42 43 44 2.6 0.5 0.3 12.9 -0.8 14.1 1.9 19.8 4.0 12.5 2.8 14.2 -2.1 13.0 Net exports of goods and services... Exports................................................ Goods.............................................. Services.......................................... Imports................................................ Goods.............................................. Services.......................................... 45 46 47 48 49 50 51 7.1 7.1 7.0 4.9 5.2 3.1 3.5 3.8 3.0 2.2 2.1 2.7 0.4 1.6 -2.6 0.5 0.4 1.0 1.1 -3.0 11.3 -3.1 -3.5 -1.0 -1.3 -2.8 2.2 0.6 -0.2 5.0 8.0 9.4 4.8 6.9 7.5 4.0 3.7 5.4 0.1 2.7 2.7 2.5 Government consumption expenditures and gross investment......................................... Federal................................................ National defense............................ Consumption expenditures....... Gross investment....................... Nondefense.................................... Consumption expenditures....... Gross investment....................... State and local.................................... Consumption expenditures........... Gross investment............................ 52 53 54 55 56 57 58 59 60 61 62 -3.2 -2.6 -2.3 -1.4 -5.7 -3.0 -4.0 -0.1 -3.6 -2.9 -6.8 -1.0 -1.4 -3.2 -2.7 -5.3 1.8 3.5 -3.0 -0.7 0.0 -3.7 3.5 8.9 12.5 16.2 -0.8 2.8 3.8 -0.1 -0.2 1.3 -6.6 -6.5 -13.9 -21.6 -24.9 -7.5 1.0 2.2 -2.6 -1.0 -0.1 -5.2 -4.2 -8.4 -11.2 -9.6 -17.3 -3.6 -2.4 -7.2 -1.3 0.1 -7.5 -0.4 -1.6 -0.6 -3.2 10.2 -3.1 -3.4 -2.2 0.4 0.4 0.4 0.4 -1.4 -0.3 -1.6 4.5 -3.1 -4.0 -0.2 1.7 0.5 7.5 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Excludes software “embedded,” or bundled, in computers and other equipment. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2012 III Gross domestic product............ Gross private domestic investment Fixed investment................................. Nonresidential................................ Structures................................... Equipment.................................. Information processing equipment......................... Computers and peripheral equipment..................... Other.'................................ 2011 Gross domestic product............ Personal consumption 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 (for services)....... Housing and utilities.................. Health care................................. Transportation services............. Recreation services................... Food services and accommodations................... Financial services and insurance................................ Other services........................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1............ Gross output of nonprofit institutions 2........................... Less: Receipts from sales of goods and services by nonprofit institutions 3........... 2013 IV I II III 1 1.8 2.8 2.8 0.1 1.1 2.5 3.6 2 3 4 5 1.74 0.76 0.46 0.11 1.52 0.77 0.56 0.17 1.15 0.84 0.59 0.19 1.13 0.85 0.74 0.33 1.54 0.85 0.43 0.13 1.24 0.71 0.46 -0.02 0.96 0.93 0.56 0.13 6 0.09 0.10 0.09 0.07 0.07 0.15 0.20 7 8 9 0.20 0.06 0.30 0.22 0.07 0.22 0.22 0.08 0.25 0.21 0.13 0.10 0.16 0.07 0.43 0.23 0.10 0.26 0.23 0.00 0.37 10 11 0.08 0.08 0.07 0.03 0.09 0.11 0.05 -0.04 0.11 0.04 -0.06 0.13 0.15 -0.08 12 13 14 -0.06 0.19 0.98 -0.04 0.16 0.74 -0.08 0.14 0.31 -0.14 0.23 0.29 0.11 0.17 0.69 -0.02 0.21 0.53 -0.02 0.32 0.02 15 16 17 18 19 0.97 0.16 0.30 0.05 0.05 0.65 0.10 0.30 0.02 0.04 0.25 0.16 0.26 0.02 0.03 0.13 -0.35 0.26 -6.01 -0.04 1.04 0.58 0.14 0.06 0.06 0.60 0.01 0.40 0.00 -0.02 -0.01 -0.28 0.10 0.02 0.02 20 0.17 0.15 0.05 0.27 0.11 0.03 0.00 21 22 0.15 0.09 -0.07 0.10 -0.35 0.09 -0.01 0.01 0.27 -0.17 0.20 -0.02 0.04 0.08 23 0.00 0.09 0.06 0.16 -0.35 -0.07 0.04 24 0.09 0.21 0.31 0.09 -0.22 0.25 0.06 25 0.09 0.12 0.25 -0.07 0.13 0.31 0.02 26 27 28 29 30 0.69 0.85 0.84 0.05 0.62 1.36 1.17 0.85 0.31 0.41 0.99 0.39 0.04 0.15 -0.22 -0.36 1.63 1.13 0.44 0.47 0.71 -0.23 -0.57 -0.80 0.09 1.38 0.96 0.56 0.43 0.18 2.49 0.81 0.42 0.36 0.00 31 0.04 0.05 -0.08 0.31 -0.05 0.16 0.03 32 33 34 35 36 37 38 39 -0.01 0.05 0.16 0.27 0.14 0.17 0.10 0.05 0.03 0.02 0.06 0.25 0.05 0.13 0.10 0.03 -0.19 0.11 0.00 -0.25 0.10 0.11 0.06 0.04 0.28 0.04 0.07 0.01 0.07 0.21 0.16 0.05 -0.08 0.04 0.00 -0.10 0.24 0.14 0.13 -0.01 -0.08 0.23 -0.01 0.08 -0.04 -0.06 -0.11 0.04 0.01 0.02 0.17 0.03 -0.23 0.07 0.03 0.04 40 41 42 43 44 0.01 0.01 -0.16 0.02 -0.18 0.00 0.32 0.20 -0.03 0.22 0.00 0.35 0.60 -0.32 0.91 0.01 0.50 -2.00 0.10 -2.09 0.02 0.34 0.93 0.88 0.06 0.01 0.40 0.41 0.12 0.30 -0.01 0.38 1.68 0.11 1.58 Net exports of goods and services... Exports................................................ Goods.............................................. Services........................................... Imports................................................. Goods.............................................. Services........................................... 45 46 47 48 49 50 51 0.10 0.89 0.63 0.27 -0.79 -0.70 -0.09 0.10 0.48 0.36 0.12 -0.38 -0.30 -0.07 -0.03 0.05 0.16 -0.10 -0.08 -0.05 -0.03 0.68 0.15 -0.28 0.43 0.53 0.50 0.03 -0.28 -0.18 -0.27 0.09 -0.10 0.03 -0.13 -0.07 1.04 0.84 0.20 -1.10 -1.00 -0.11 0.07 0.50 0.49 0.00 -0.43 -0.36 -0.07 Government consumption expenditures and gross investment......................................... Federal................................................. National defense............................ Consumption expenditures....... Gross investment....................... Nondefense.................................... Consumption expenditures....... Gross investment....................... State and local.................................... Consumption expenditures........... Gross investment........................... 52 53 54 55 56 57 58 59 60 61 62 -0.68 -0.23 -0.13 -0.06 -0.07 -0.10 -0.09 0.00 -0.46 -0.30 -6.16 -0.20 -0.12 -0.17 -0.11 -6.06 0.05 0.08 -0.02 -0.08 0.00 -0.08 0.67 0.69 0.60 0.61 -0.01 0.08 0.08 0.00 -0.02 0.12 -0.14 -1.31 -1.19 -1.22 -1.14 -0.08 0.03 0.05 -0.02 -0.12 -0.01 -0.11 -0.82 -0.68 -0.57 -0.38 -0.18 -0.11 -0.05 -0.05 -0.14 0.01 -0.16 -0.07 -0.12 -0.03 -0.12 0.09 -0.09 -0.08 -0.02 0.05 0.04 0.01 0.09 -0.10 -0.01 -0.06 0.04 -0.09 -0.09 0.00 0.19 0.04 0.14 Gross private domestic investment Fixed investment................................. Nonresidential................................. Structures................................... Equipment.................................. Information processing equipment.......................... Computers and peripheral equipment...................... Other................................... Industrial equipment............. Transportation equipment.... Other equipment.................... Intellectual property products... Software 4............................... Research and development5 Entertainment, literary, and artistic originals................ Residential...................................... Change in private inventories........... Farm................................................ Nonfarm........................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Excludes software “embedded,” or bundled, in computers and other equipment. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. December 2013 D-11 Survey of Current Business Table 1.5.3. Real Gross Domestic Product, Expanded Detail, Quantity Indexes Table 1.5.4. Price Indexes for Gross Domestic Product, Expanded Detail [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III Gross domestic product....... Personal consumption 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 (for services)... 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)1............................ Gross output of nonprofit institutions2...................... Less: Receipts from sales of goods and services by nonprofit institutions 3...... Gross private domestic investment..................................... Fixed investment............................ Nonresidential........................... Structures............................... Equipment............................. Information processing equipment..................... Computers and peripheral equipment Other............................. Industrial equipment......... Transportation equipment Other equipment.............. Intellectual property products Software 4......................... Research and development5.............. Entertainment, literary, and artistic originals.... Residential.................................. Change in private inventories....... Farm............................................ Nonfarm...................................... Net exports of goods and services Exports............................................ Goods.......................................... Services..................................... Imports............................................ Goods.......................................... Services..................................... Government consumption expenditures and gross investment..................................... Federal............................................ National defense........................ Consumption expenditures... Gross investment................... Nondefense................................ Consumption expenditures... Gross investment................... State and local................................ Consumption expenditures....... Gross investment....................... Seasonally adjusted 2013 IV I II Line 1 104.400 107.302 107.741 107.780 108.087 108.751 109.718 2 3 4 5 104.555 106.925 113.074 107.048 106.854 110.495 121.833 114.798 107.092 110.888 122.484 114.634 107.537 111.904 125.591 118.531 108.138 112.928 127.379 120.031 108.625 113.793 129.309 119.764 108.999 114.931 131.720 121.351 6 112.959 119.833 120.391 121.704 122.936 125.617 129.261 7 121.966 135.248 136.980 140.495 143.248 147.254 151.348 8 109.798 116.098 116.971 120.206 121.912 124.439 124.450 9 104.177 105.594 105.877 106.047 106.762 107.197 107.824 10 103.750 105.120 105.426 105.659 106.184 105.891 106.637 11 109.283 110.562 111.107 110.615 111.098 112.709 111.661 12 96.739 95.419 95.770 94.468 95.510 95.301 95.116 13 105.822 108.709 108.833 109.948 110.762 111.772 113.310 14 103.411 105.090 105.252 105.421 105.818 106.125 106.136 15 16 17 18 19 103.510 102.521 104.050 101.593 103.403 105.039 103.328 106.820 102.863 104.889 105.175 103.959 106.988 103.134 105.165 105.256 103.239 107.592 103.070 104.714 105.884 104.438 107.932 103.820 105.333 106.244 104.455 108.882 103.841 105.084 106.234 103.865 109.124 104.172 105.334 20 105.614 109.403 109.305 111.036 111.713 111.925 111.913 21 105.148 103.764 102.665 102.607 103.983 105.004 105.215 22 102.469 104.208 104.350 104.397 103.650 103.551 103.889 23 101.044 106.380 107.182 109.528 104.186 103.168 103.697 24 102.555 105.550 106.107 106.415 105.610 106.491 2011 2012 III 106.695 25 103.059 105.299 105.774 105.438 106.058 107.539 107.639 Gross domestic product........ Personal consumption 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 (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....... 2013 2012 III IV I II III 1 103.203 105.008 105.345 105.640 105.994 106.165 106.681 2 104.086 106.009 106.193 106.622 106.909 106.878 107.403 3 105.345 106.666 106.718 106.900 106.641 105.740 106.323 4 97.649 96.467 96.246 95.746 95.487 95.016 94.456 5 108.645 110.375 110.555 110.460 110.707 111.048 111.128 6 94.247 93.972 93.910 93.454 93.438 92.770 91.405 78.621 77.390 76.406 7 86.679 81.424 80.729 79.611 8 103.601 104.174 103.966 103.999 104.015 104.011 104.479 9 109.128 111.765 111.964 112.522 112.264 111.126 112.358 10 104.276 106.657 106.682 107.163 107.503 107.647 107.969 11 101.000 104.651 104.850 105.405 105.729 105.019 106.244 12 148.588 153.621 153.961 156.856 153.941 144.463 151.485 13 103.599 105.312 105.622 105.535 105.316 105.372 105.693 14 103.463 105.689 105.939 106.493 107.060 107.477 107.972 15 16 17 18 19 103.628 101.683 104.399 104.730 102.808 105.980 103.616 106.286 106.750 105.622 106.259 103.789 106.596 106.744 106.022 106.809 104.507 106.946 107.100 106.421 107.422 105.162 107.560 107.780 106.904 107.747 105.996 107.392 107.295 107.016 108.235 106.500 107.799 108.199 107.654 20 103.887 106.842 107.197 107.601 108.194 109.074 109.437 21 105.966 110.057 110.786 111.701 111.682 111.508 112.438 22 104.250 106.415 106.480 106.996 108.083 108.625 108.762 23 99.642 98.932 98.532 99.156 98.674 101.281 101.924 24 103.784 105.479 105.686 106.234 106.816 107.447 107.973 25 105.211 107.736 108.155 108.676 109.630 109.598 110.085 40 114.498 114.816 114.548 115.079 116.203 117.020 116.412 41 97.964 110.581 111.476 116.635 120.123 124.180 128.026 42 43 44 Gross private domestic investment..................................... Fixed investment............................ Nonresidential............................ Structures............................... Equipment.............................. Information processing equipment...................... Computers and peripheral equipment Other............................... Industrial equipment......... Transportation equipment Other equipment............... Intellectual property products Software 4.......................... Research and development5.............. Entertainment, literary, and artistic originals.... Residential.................................. Change in private inventories...... Farm............................................ Nonfarm...................................... 40 98.942 99.370 99.734 99.726 99.488 99.227 99.948 41 100.392 101.246 101.505 102.500 104.088 105.396 106.238 42 43 44 45 46 47 48 49 50 51 127.333 130.690 120.391 123.422 126.176 111.984 Net exports of goods and services Exports............................................ Goods......................................... Services...................................... Imports............................................. Goods......................................... Services...................................... 45 46 47 48 49 50 51 111.140 113.012 107.039 114.273 116.178 105.713 112.185 113.507 109.312 114.862 116.855 105.895 112.114 113.414 109.293 113.570 115.316 105.740 112.543 113.731 109.974 114.725 116.592 106.336 112.944 114.060 110.531 114.873 116.779 106.309 112.034 112.771 110.451 113.411 115.028 106.165 112.357 112.985 111.015 113.486 115.149 106.026 96.752 95.135 94.117 94.024 94.126 102.212 98.455 96.315 95.933 95.598 100.446 94.506 91.731 91.592 91.512 102.995 95.892 93.502 92.746 92.378 91.346 89.580 85.413 87.509 88.471 105.440 105.708 104.740 103.910 103.104 105.577 106.164 105.513 104.594 103.534 104.983 104.292 102.369 101.809 101.770 93.207 92.966 92.672 92.765 93.150 94.799 94.772 94.800 94.894 95.002 86.426 85.289 83.644 83.734 85.270 Government consumption expenditures and gross investment..................................... Federal............................................. National defense........................ Consumption expenditures... Gross investment.................. Nondefense................................ Consumption expenditures... Gross investment.................. State and local................................ Consumption expenditures...... Gross investment....................... 52 53 54 55 56 57 58 59 60 61 62 105.560 105.344 105.191 105.693 103.393 105.624 106.215 103.924 105.710 106.352 103.029 106.882 106.184 106.252 106.824 104.185 106.077 106.755 104.128 107.371 107.652 106.294 106.850 106.224 106.322 106.857 104.396 106.065 106.734 104.141 107.288 107.477 106.631 107.209 106.370 106.542 107.221 104.068 106.081 106.795 104.023 107.798 108.029 106.945 107.454 107.007 107.283 108.061 104.433 106.549 107.257 104.507 107.775 107.907 107.388 107.485 107.229 107.512 108.243 104.839 106.760 107.511 104.589 107.676 107.693 107.834 107.903 107.485 107.757 108.545 104.872 107.034 107.848 104.676 108.205 108.233 108.307 26 27 28 29 30 118.449 107.844 110.225 85.360 130.639 129.705 116.766 118.263 96.212 140.604 130.795 116.675 117.938 96.299 139.602 130.012 119.914 120.717 100.282 142.609 131.521 119.467 119.318 93.090 143.175 134.440 121.362 120.685 96.943 144.326 139.747 122.954 121.723 100.119 144.309 31 112.415 115.460 112.716 117.963 117.165 119.797 120.345 32 33 34 35 36 37 38 108.643 113.940 115.104 256.436 121.854 106.388 105.082 114.515 115.876 121.380 313.250 126.606 109.962 111.326 103.457 116.380 121.687 309.996 127.796 110.072 111.623 119.857 117.282 123.525 310.852 129.561 111.617 114.156 114.804 118.145 123.613 304.769 135.266 112.648 116.288 110.257 123.592 123.309 309.621 134.192 112.235 114.537 110.773 124.153 127.755 311.314 128.455 112.707 115.097 39 105.595 107.269 107.286 108.106 108.019 108.619 109.280 52 53 54 55 56 57 58 59 60 61 62 119.367 122.470 112.939 118.239 121.176 105.934 96.868 101.660 100.802 102.259 95.622 103.230 101.618 108.036 93.751 94.593 90.156 123.590 127.100 116.297 120.860 123.750 108.779 95.921 100.212 97.562 99.523 90.571 105.068 105.146 104.788 93.128 94.616 86.787 123.851 128.000 115.199 121.358 124.282 109.139 124.196 127.038 118.321 120.398 123.170 108.855 123.781 126.126 118.961 120.584 123.098 110.197 126.181 128.995 120.372 122.615 125.341 111.296 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Excludes software “embedded,” or bundled, in computers and other equipment. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 26 27 28 29 30 100.364 100.506 100.524 101.748 98.928 101.646 101.852 101.977 103.732 100.187 101.820 102.045 102.157 103.856 100.300 102.196 102.386 102.350 104.164 100.673 102.726 102.967 102.692 105.189 100.601 103.206 103.478 103.008 106.521 100.500 103.528 103.854 103.268 107.275 100.568 31 97.387 96.235 96.138 95.791 95.405 94.989 94.595 32 92.029 90.060 90.061 89.629 89.401 89.438 89.343 97.335 96.826 98.384 97.931 33 99.652 98.840 98.701 34 103.972 105.783 105.864 106.261 106.462 106.289 106.273 35 94.913 96.994 97.040 98.326 98.304 98.224 98.967 36 98.426 101.797 102.298 102.707 102.785 103.154 103.270 37 101.789 103.169 103.486 103.325 103.816 104.071 104.275 98.522 98.338 97.992 98.368 98.748 98.611 38 99.161 39 105.550 109.522 110.403 110.412 111.261 111.523 111.971 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Excludes software “embedded,” or bundled, in computers and other equipment. 5. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. National Data D-12 December 2013 Table 1.5.5. Gross Domestic Product, Expanded Detail [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2013 2012 III IV I II III Gross domestic product........................................................................................................ 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,890.8 Personal consumption 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 (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............... 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 10,711.8 3,602.7 1,129.9 368.7 260.1 321.1 179.9 2,472.8 833.0 338.3 408.9 892.6 7,109.1 6,831.2 1,960.9 1,767.8 308.2 399.7 658.7 801.1 934.8 277.9 1,141.6 863.7 11,149.6 3,769.7 1,202.7 401.7 275.1 334.5 191.3 2,567.0 863.3 354.6 417.0 932.1 7,379.9 7,089.4 2,013.9 1,847.6 318.1 416.6 701.7 821.0 970.4 290.5 1,194.1 903.6 11,193.6 3,784.9 1,206.5 401.8 276.2 336.1 192.4 2,578.4 866.0 357.1 419.5 935.9 7,408.7 7,117.2 2,029.5 1,855.9 318.9 419.2 703.4 817.9 972.4 291.5 1,202.7 911.2 11,285.5 3,826.1 1,230.7 415.1 277.9 339.9 197.8 2,595.4 871.8 357.4 421.6 944.7 7,459.4 7,159.6 2,029.4 1,872.5 319.8 419.0 717.2 824.2 977.5 299.8 1,212.5 912.7 11,379.2 3,851.8 1,244.8 421.3 280.7 342.3 200.6 2,607.0 878.9 360.0 418.3 949.7 7,527.4 7,243.6 2,065.8 1,889.2 324.2 423.4 725.6 835.1 980.4 283.8 1,209.9 926.1 11,427.1 3,848.5 1,257.5 421.7 284.7 346.3 204.7 2,591.0 877.6 362.8 391.7 958.9 7,578.6 7,290.2 2,082.6 1,902.9 322.8 422.8 732.9 842.0 984.4 288.4 1,227.2 938.8 11,522.8 3,908.4 1,273.4 427.6 288.7 351.5 205.7 2,635.1 886.5 363.6 409.9 975.0 7,614.3 7,322.6 2,080.7 1,914.3 326.5 426.4 735.2 850.7 988.8 291.7 1,235.6 943.8 Gross private domestic investment............................................................................................. Fixed investment............................................................................................................................ Nonresidential............................................................................................................................ Structures.............................................................................................................................. Equipment.............................................................................................................................. Information processing equipment................................................................................. Computers and peripheral equipment...................................................................... Other.............................................................................................................................. Industrial equipment........................................................................................................ Transportation equipment............................................................................................... Other equipment............................................................................................................... Intellectual property products.............................................................................................. Software 4.......................................................................................................................... Research and development5......................................................................................... Entertainment, literary, and artistic originals................................................................. Residential................................................................................................................................. Change in private inventories....................................................................................................... Farm............................................................................................................................................ Nonfarm...................................................................................................................................... 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 2,232.1 2,195.6 1,809.9 380.6 832.7 280.4 76.8 203.6 182.0 171.8 198.6 596.6 267.6 255.2 73.8 385.8 36.4 -6.4 42.8 2,475.2 2,409.1 1,970.0 437.3 907.6 284.5 79.2 205.4 195.3 214.4 213.4 625.0 281.6 269.1 74.3 439.2 66.1 -11.7 77.8 2,493.3 2,411.7 1,968.0 438.3 902.2 277.5 71.5 206.0 195.9 212.3 216.5 627.5 281.9 271.3 74.4 443.7 81.6 -23.9 105.5 2,499.9 2,486.9 2,018.2 457.8 925.0 289.4 82.5 206.9 199.6 215.7 220.3 635.4 287.3 273.4 74.7 468.8 13.0 -15.6 28.6 2,555.1 2,491.7 2,001.4 429.1 928.0 286.2 78.8 207.5 200.1 211.5 230.2 644.3 293.7 275.2 75.3 490.3 63.4 38.9 24.5 2,621.0 2,543.8 2,030.6 452.6 934.6 291.4 75.7 215.7 199.3 214.7 229.2 643.5 290.4 277.4 75.6 513.2 77.2 40.4 36.9 2,732.6 2,586.5 2,053.2 470.7 935.1 291.5 76.0 215.6 206.5 217.5 219.6 647.5 291.5 280.2 75.8 533.3 146.0 43.9 102.1 Net exports of goods and services............................................................................................. Exports............................................................................................................................................ Goods......................................................................................................................................... Services...................................................................................................................................... Imports............................................................................................................................................ Goods......................................................................................................................................... Services...................................................................................................................................... 45 46 47 48 49 50 51 -568.7 2,101.2 1,473.6 627.6 2,669.9 2,234.6 435.3 -547.2 2,195.9 1,536.0 659.9 2,743.1 2,295.4 447.7 -524.4 2,199.2 1,545.6 653.6 2,723.5 2,275.0 448.6 -515.8 2,213.7 1,538.3 675.5 2,729.5 2,279.6 449.9 -523.1 2,214.2 1,531.6 682.6 2,737.3 2,281.9 455.3 -509.0 2,238.9 1,548.8 690.2 2,747.9 2,288.7 459.3 -501.9 2,265.9 1,572.1 693.8 2,767.8 2,306.3 461.5 Government consumption expenditures and gross investment.......................................... Federal............................................................................................................................................ National defense....................................................................................................................... Consumption expenditures.................................................................................................. Gross investment.................................................................................................................. Nondefense................................................................................................................................ Consumption expenditures.................................................................................................. Gross investment.................................................................................................................. State and local............................................................................................................................... Consumption expenditures...................................................................................................... Gross investment...................................................................................................................... 52 53 54 55 56 57 58 59 60 61 62 3,158.7 1,304.1 835.8 662.8 173.0 468.2 345.8 122.4 1,854.7 1,517.4 337.2 3,167.0 1,295.7 817.1 652.0 165.1 478.6 359.7 118.9 1,871.3 1,536.4 334.9 3,193.5 1,322.1 841.9 675.0 166.9 480.2 361.1 119.2 1,871.4 1,536.8 334.6 3,150.7 1,275.2 793.7 630.6 163.1 481.5 363.3 118.2 1,875.4 1,544.3 331.2 3,124.1 1,255.0 775.8 619.7 156.1 479.2 362.6 116.6 1,869.1 1,543.0 326.1 3,121.9 1,252.6 776.3 615.7 160.5 476.3 360.3 116.1 1,869.3 1,541.4 327.8 3,137.4 1,251.2 777.3 615.0 162.4 473.9 357.8 116.1 1,886.2 1,550.9 335.3 1. 2. 3. 4. 5. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. Excludes software “embedded,” or bundled, in computers and other equipment. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-13 Survey of Current Business Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III 2013 IV II I III Gross domestic product....................................................................................................... 1 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,819.0 Personal consumption expenditures......................................................................................... Goods.............. .'..............’............................................................................................................. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 10,291.3 3419.9 1,157.1 339.4 276.0 370.5 173.7 2,266.0 798.8 335.0 275.2 861.6 6,871.1 6,592.0 1,928.4 1,693.3 294.3 388.8 634.0 756.0 896.7 278.9 1,100.0 820.9 10,517.6 3'534.1 1,246.7 364.0 292.8 410.9 183.6 2,296.8 809.4 338.9 271.5 885.1 6,982.7 6,689.4 1,943.6 1,738.4 298.0 394.4 656.8 746.0 911.9 293.6 1,132.1 838.8 10,541.0 3,546.7 1,253.4 363.5 294.1 416.1 185.0 2,303.0 811.7 340.5 272.5 886.1 6,993.4 6,698.0 1,955.5 1,741.1 298.8 395.4 656.2 738.1 913.2 295.8 1,138.1 842.5 10,584.8 3,579.2 1,285.2 375.8 297.3 426.8 190.1 2,306.7 813.5 339.0 268.8 895.2 7,004.7 6,703.2 1,941.9 1,750.9 298.6 393.7 666.6 737.7 913.6 302.3 1,141.4 839.9 10,644.0 3,611.9 1,303.5 380.6 300.3 435.2 192.8 2,322.2 817.6 340.5 271.7 901.8 7,031.1 6,743.2 1,964.5 1,756.5 300.8 396.1 670.7 747.6 907.1 287.6 1,132.7 844.8 10,691.9 3,639.6 1,323.2 379.7 306.9 447.3 196.8 2,331.7 815.3 345.5 271.1 910.0 7,051.5 6,766.1 1,964.8 1,771.9 300.8 395.1 671.9 754.9 906.2 284.8 1,142.2 856.6 10,728.7 3,676.0 1,347.9 384.8 315.8 459.8 196.8 2,345.3 821.1 342.2 270.6 922.5 7,052.2 6,765.5 1,953.7 1,775.9 301.8 396.1 671.9 756.4 909.2 286.2 1,144.4 857.4 2,224.6 2 J 84.6 1,800.5 374.1 841.7 287.9 2,436.0 2,365.3 1,931.8 421.6 905.9 295.7 2,456.5 2,363.5 1,926.4 422.0 899.5 288.6 2,441.8 2429.1 1,971.9 439.4 918.8 302.1 2,470.1 2,420.0 1,949.0 407.9 922.5 300.0 2,524.9 2,458.4 1,971.3 424.8 929.9 306.8 2,624.6 2,490.7 1,988.3 438.7 929.8 308.2 Intellectual property products.............................................................................................. Software 5......................................................................................................................... Research and development6........................................................................................ Entertainment, literary, and artistic originals................................................................ Residential................................................................................................................................ Change in private inventories...................................................................................................... Farm........................................................................................................................................... Nonfarm..................................................................................................................................... 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 204.3 175.0 181.0 201.8 586.1 269.8 241.8 74.6 384.3 33.6 -4.5 39.7 207.8 184.6 221.0 209.7 605.8 285.9 245.7 74.8 433.7 57.6 -7.2 68.7 208.7 185.0 218.8 211.6 606.4 286.6 245.7 74.6 437.3 77.2 -13.6 97.3 210.3 187.8 219.4 214.5 614.9 293.1 247.6 74.9 457.5 7.3 -9.6 20.3 211.8 188.0 215.1 224.0 620.6 298.6 247.4 75.7 471.2 42.2 16.0 22.2 221.6 187.5 218.5 222.2 618.3 294.1 248.8 76.2 487.1 56.6 19.5 32.7 222.6 194.3 219.7 212.7 620.9 295.5 250.3 75.8 502.2 116.5 22.4 90.6 Net exports of goods and services............................................................................................ Exports........................................................................................................................................... Goods........................................................................................................................................ Services..................................................................................................................................... Imports........................................................................................................................................... Goods........................................................................................................................................ Services..................................................................................................................................... 45 46 47 48 49 50 51 -445.9 1,890.5 1,303.9 586.3 2,336.4 1,923.4 411.8 -430.8 1,957.4 1,353.2 603.7 2,388.2 1,964.3 422.8 -436.5 1,961.6 1,362.8 598.0 2,398.0 1,972.7 424.2 -412.1 1,967.0 1,352.6 614.2 2,379.1 1,955.1 423.1 -422.3 1,960.5 1,342.8 617.5 2,382.7 1,954.0 428.3 —124.4 1,998.4 1,373.4 624.9 2,422.9 1,989.6 432.6 -422.1 2,016.7 1,391.4 625.0 2,438.8 2,002.8 435.3 Government consumption expenditures and gross investment.......................................... Federal........................................................................................................................................... National defense...................................................................................................................... Consumption expenditures................................................................................................. Gross investment................................................................................................................. Nondefense............................................................................................................................... Consumption expenditures................................................................................................. Gross investment................................................................................................................. State and local.............................................................................................................................. Consumption expenditures..................................................................................................... Gross investment..................................................................................................................... Residual............................................................................................................................................. 52 53 54 55 56 57 58 59 60 61 62 63 2,992.3 1,237.9 794.6 627.1 167.3 443.3 325.6 117.8 1,754.5 1,426.8 327.3 -20.6 2,963.1 1,220.3 769.1 610.4 158.5 451.2 336.9 114.2 1,742.8 1,427.1 315.1 -34.1 2,988.8 1,244.6 791.8 631.7 159.8 452.8 338.3 114.4 1,744.3 1,429.9 313.8 -34.6 2,938.8 1,198.9 745.0 588.1 156.8 453.9 340.2 113.7 1,739.8 1,429.5 309.6 -45.1 2,907.4 1,172.8 723.1 573.4 149.5 449.8 338.1 111.6 1,734.3 1,429.9 303.7 -38.0 2,904.5 1,168.2 722.0 568.8 153.1 446.2 335.1 111.0 1,736.0 1,431.3 304.0 -41.2 2,907.6 1,164.1 721.4 566.5 154.8 442.7 331.7 110.9 1,743.2 1,433.0 309.6 -41.2 Durable goods........................................................................................................................... Motor vehicles and parts..................................................................................................... Furnishings and durable household equipment............................................................... Recreational goods and vehicles....................................................................................... Other durable goods............................................................................................................ Nondurable goods.................................................................................................................... Food and beverages purchased for off-premises consumption..................................... Clothing and footwear.......................................................................................................... Gasoline and other energy goods...................................................................................... Other nondurable goods..................................................................................................... Services......................................................................................................................................... Household consumption expenditures (for services)........................................................... Housing and utilities............................................................................................................. Health care............................................................................................................................ Transportation services....................................................................................................... Recreation services............................................................................................................. Food services and accommodations................................................................................. Financial services and insurance....................................................................................... Other services....................................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2.............................................................................. Less: Receipts from sales of goods and services by nonprofit institutions 3............... Gross private domestic investment............................................................................................ Fixed investment........................................................................................................................... Nonresidential........................................................................................................................... Structures............................................................................................................................. Equipment.............................................................................................................................. Information processing equipment................................................................................. Computers and peripheral equipment4.................................................................... Other............................................................................................................................. Industrial equipment....................................................................................................... Transportation equipment............................................................................................... Other equipment ../......................................................................................................... 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 1.5.2 and real growth rates are shown in table 1.5.1. 5. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 38. Note. The residual line is the difference between the first line and the sum of the most detailed lines. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-14 December 2013 Table 1.6.4. Price Indexes for Gross Domestic Purchases Table 1.6.7. Percent Change From Preceding Period in Prices for Gross Domestic Purchases [Index numbers, 2009=100] [Percent] Seasonally adjusted at annual rates Seasonally adjusted Line 2011 III Line 2013 2012 2012 IV I II 1 103.884 105.599 105.742 106.150 106.467 106.526 107.001 Personal consumption 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......................... Healthcare......................................... Transportation services.................... Recreation services.......................... Food services and accommodations Financial services and insurance.... Other services................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)....................... 2 104.086 106.009 106.193 106.622 106.909 106.878 107.403 3 105.345 106.666 106.718 106.900 106.641 105.740 106.323 4 97.649 96.467 96.246 95.746 95.487 95.016 94.456 5 108.645 110.375 110.555 110.460 110.707 111.048 111.128 Gross private domestic investment......... Fixed investment......................................... Nonresidential........................................ Structures........................................... Equipment.......................................... Information processing equipment................................. Computers and peripheral equipment............................ Other J........................................ Industrial equipment..................... Transportation equipment............ Other equipment.......................... Intellectual property products.......... Software 1..................................... Research and development......... Entertainment, literary, and artistic originals........................ Residential Change in private inventories................... Farm........................................................ Nonfarm.................................................. Government consumption expenditures and gross investment.............................. Federal........................................................ National defense.................................... Consumption expenditures.............. Gross investment............................... Nondefense............................................ Consumption expenditures.............. Gross investment............................... State and local............................................ Consumption expenditures.............. Gross investment............................... Addenda: Final sales of computers to domestic purchasers 2........................................... Gross domestic purchases excluding final sales of computers to domestic purchasers.............................................. Food 3.......................................................... Energy goods and services...................... Gross domestic purchases excluding food and energy.................................... Gross domestic product............................ Gross domestic product excluding final sales of computers.............. 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............................................... 6 94.247 93.972 93.910 93.454 93.438 92.770 91.405 7 86.679 81.424 80.729 79.611 78.621 77.390 76.406 8 103.601 104.174 103.966 103.999 104.015 104.011 104.479 9 109.128 111.765 111.964 112.522 112.264 111.126 112.358 104.276 101.000 148.588 103.599 103.463 103.628 101.683 104.399 104.730 102.808 103.887 105.966 104.250 106.657 104.651 153.621 105.312 105.689 105.980 103.616 106.286 106.750 105.622 106.842 110.057 106.415 106.682 104.850 153.961 105.622 105.939 106.259 103.789 106.596 106.744 106.022 107.197 110.786 106.480 107.163 105.405 156.856 105.535 106.493 106.809 104.507 106.946 107.100 106.421 107.601 111.701 106.996 107.503 105.729 153.941 105.316 107.060 107.422 105.162 107.560 107.780 106.904 108.194 111.682 108.083 107.647 105.019 144.463 105.372 107.477 107.747 105.996 107.392 107.295 107.016 109.074 111.508 108.625 107.969 106.244 151.485 105.693 107.972 108.235 106.500 107.799 108.199 107.654 109.437 112.438 108.762 23 99.642 98.932 98.532 99.156 24 25 26 27 28 100.364 100.506 100.524 101.748 98.928 101.646 101.852 101.977 103.732 100.187 101.820 102.045 102.157 103.856 100.300 102.196 102.386 102.350 104.164 100.673 102.726 102.967 102.692 105.189 100.601 103.206 103.478 103.008 106.521 100.500 103.528 103.854 103.268 107.275 100.568 29 97.387 96.235 96.138 95.791 95.405 94.989 94.595 30 92.029 90.060 90.061 89.629 31 99.652 98.840 98.701 98.384 32 103.972 105.783 105.864 106.261 33 94.913 96.994 97.040 98.326 34 98.426 101.797 102.298 102.707 35 101.789 103.169 103.486 103.325 36 99.161 98.522 98.338 97.992 37 105.550 109.522 110.403 110.412 89.401 97.931 106.462 98.304 102.785 103.816 98.368 111.261 89.438 97.335 106.289 98.224 103.154 104.071 98.748 111.523 89.343 96.826 106.273 98.967 103.270 104.275 98.611 111.971 98.674 101.281 101.924 Personal consumption 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)....................... 38 98.942 99.370 99.734 99.726 99.488 99.227 99.948 39 100 392 101.246 101.505 102.500 104.088 105.396 106.238 40 41 42 Gross private domestic investment......... Fixed investment........................................ Nonresidential........................................ Structures........................................... Equipment.......................................... Information processing equipment.................................. Computers and peripheral equipment.............................. Other.......................................... Industrial equipment..................... Transportation equipment............ Other equipment............................ Intellectual property products.......... Software 1...................................... Research and development......... Entertainment, literary, and artistic originals........................ Residential.............................................. Change in private inventories................... Farm........................................................ Nonfarm.................................................. Government consumption expenditures and gross investment.............................. Federal......................................................... National defense.................................... Consumption expenditures.............. Gross investment............................... Nondefense............................................ Consumption expenditures.............. Gross investment............................... State and local............................................ Consumption expenditures.............. Gross investment............................... 43 44 45 46 47 48 49 50 51 52 53 105.560 105.344 105.191 105.693 103.393 105.624 106.215 103.924 105.710 106.352 103.029 106.882 106.184 106.252 106.824 104.185 106.077 106.755 104.128 107.371 107.652 106.294 106.850 106.224 106.322 106.857 104.396 106.065 106.734 104.141 107.288 107.477 106.631 107.209 106.370 106.542 107.221 104.068 106.081 106.795 104.023 107.798 108.029 106.945 107.454 107.007 107.283 108.061 104.433 106.549 107.257 104.507 107.775 107.907 107.388 107.485 107.229 107.512 108.243 104.839 106.760 107.511 104.589 107.676 107.693 107.834 107.903 107.485 107.757 108.545 104.872 107.034 107.848 104.676 108.205 108.233 108.307 54 88.519 84.085 83.972 82.577 81.668 80.960 80.267 55 104.030 105.808 105.953 106.379 106.710 106.778 107.264 56 103.970 106.231 106.198 106.852 107.221 107.313 107.475 57 127.626 129.419 129.234 131.262 129.776 125.637 129.172 58 103.024 104.706 104.868 105.209 105.580 105.778 106.167 59 103.203 105.008 105.345 105.640 105.994 106.165 106.681 60 103.299 105.145 105.488 105.799 106.164 106.346 106.876 61 104.050 107.375 108.151 108.958 109.260 108.868 108.744 62 97.616 98.431 104.574 100.490 98.080 96.673 98.833 63 103.276 105.016 105.188 105.562 105.983 106.230 106.737 64 103.217 105.033 105.374 105.663 106.024 106.199 106.725 65 103.898 105.624 105.769 106.171 106.496 106.559 107.042 66 103.880 105.594 105.691 106.177 106.576 106.619 107.093 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I II 1 2.3 1.7 1.4 1.6 1.2 0.2 1.8 2 3 4 5 2.4 3.6 -1.0 2.8 1.8 1.3 -1.2 1.6 1.7 1.3 -2.2 -0.7 1.6 0.7 -2.1 -0.3 1.1 -1.0 -1.1 0.9 -0.1 -3.3 -2.0 1.2 2.0 2.2 -2.3 0.3 6 7 8 9 -1.6 -6.7 3.2 5.9 -0.3 -6.1 0.6 2.4 -1.2 -6.1 0.1 3.0 -1.9 -5.4 0.1 2.0 -0.1 -4.9 0.1 -0.9 -2.8 -6.1 0.0 -4.0 -5.8 -5.0 1.8 4.5 10 11 12 13 14 15 16 17 18 19 20 21 22 4.0 1.7 25.8 1.6 1.8 1.8 1.4 1.8 2.7 1.7 2.5 1.9 1.8 2.3 3.6 3.4 1.7 2.2 2.3 1.9 1.8 1.9 2.7 2.8 3.9 2.1 0.7 0.5 13.2 1.9 1.9 2.0 1.8 2.1 0.0 2.8 1.7 5.4 0.1 1.8 2.1 7.7 -0.3 2.1 2.1 2.8 1.3 1.3 1.5 1.5 3.3 2.0 1.3 1.2 -7.2 -0.8 2.1 2.3 2.5 2.3 2.6 1.8 2.2 -0.1 4.1 0.5 -2.7 -22.4 0.2 1.6 1.2 3.2 -0.6 -1.8 0.4 3.3 -0.6 2.0 1.2 4.7 20.9 1.2 1.9 1.8 1.9 1.5 3.4 2.4 1.3 3.4 0.5 23 0.7 -0.7 -2.0 2.6 -1.9 11.0 2.6 24 25 26 27 28 1.3 1.3 1.5 2.9 0.9 1.3 1.3 1.4 1.9 1.3 1.3 1.4 1.0 0.6 1.4 1.5 1.3 0.8 1.2 1.5 2.1 2.3 1.3 4.0 -0.3 1.9 2.0 1.2 5.2 -0.4 1.3 1.5 1.0 2.9 0.3 29 -1.0 -1.2 -0.7 -1.4 -1.6 -1.7 -1.6 30 31 32 33 34 35 36 37 -4.1 0.3 2.9 1.9 1.3 1.2 0.1 3.0 -2.1 -0.8 1.7 2.2 3.4 1.4 -0.6 3.8 0.0 -1.0 0.6 3.1 3.4 0.7 -1.8 3.0 -1.9 -1.3 1.5 5.4 1.6 -0.6 -1.4 0.0 -1.0 -1.8 0.8 -0.1 0.3 1.9 1.5 3.1 0.2 -2.4 -0.6 -0.3 1.4 1.0 1.6 0.9 -0.4 -2.1 -0.1 3.1 0.5 0.8 -0.6 1.6 38 39 40 41 42 -0.5 0.7 0.4 0.9 2.4 3.4 0.0 4.0 -1.0 6.3 -1.0 5.1 2.9 3.2 43 44 45 46 47 48 49 50 51 52 53 2.8 2.7 2.8 2.9 2.2 2.5 2.7 1.8 2.9 2.9 2.8 1.3 0.8 1.0 1.1 0.8 0.4 0.5 0.2 1.6 1.2 3.2 0.3 0.2 0.4 0.4 0.2 -0.2 -0.2 -0.2 0.4 0.1 1.7 1.4 0.6 0.8 1.4 -1.3 0.1 0.2 -0.5 1.9 2.1 1.2 0.9 2.4 2.8 3.2 1.4 1.8 1.7 1.9 -0.1 -0.5 1.7 0.1 0.8 0.9 0.7 1.6 0.8 1.0 0.3 -0.4 -0.8 1.7 1.6 1.0 0.9 1.1 0.1 1.0 1.3 0.3 2.0 2.0 1.8 54 -6.5 -5.0 -2.5 -6.5 -4.3 -3.4 -3.4 55 56 57 2.4 3.6 15.7 1.7 2.2 1.4 1.4 0.6 7.1 1.6 2.5 6.4 1.3 1.4 -4.5 0.3 0.3 -12.2 1.8 0.6 11.7 58 59 1.7 2.0 1.6 1.7 1.2 2.3 1.3 1.1 1.4 1.3 0.8 0.6 1.5 2.0 60 61 62 2.0 4.2 2.6 1.8 3.2 0.8 2.3 6.0 42.0 1.2 3.0 -14.7 1.4 1.1 -9.3 0.7 -1.4 -5.6 2.0 -0.5 9.2 63 64 65 1.8 2.0 2.3 1.7 1.8 1.7 1.3 2.3 1.4 1.4 1.1 1.5 1.6 1.4 1.2 0.9 0.7 0.2 1.9 2.0 1.8 66 2.3 1.6 1.2 1.9 1.5 0.2 1.8 III Gross domestic purchases.................... 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 computers............... 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 4............................................ 2013 2012 2012 III Gross domestic purchases.................. 10 11 12 13 14 15 16 17 18 19 20 21 22 2011 IV 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. 4. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.6.4. December 2013 D-15 Survey of Current Business Table 1.6.8. Contributions to Percent Change in the Gross Domestic Purchases Price Index Table 1.7.1. Percent Change from Preceding Period in Real Gross Domestic Product, Real Gross National Product, and Real Net National Product [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 III Seasonally adjusted at annual rates 2013 IV I Line III 1 2.3 1.7 1.4 1.6 1.2 0.2 1.8 2 3 4 5 1.58 0.80 -0.07 0.06 1.23 0.28 -0.09 0.04 1.13 0.30 -0.16 -0.02 1.08 0.16 -0.15 -0.01 0.72 -0.22 -0.08 0.02 -0.08 -0.76 -0.14 0.03 1.31 0.50 -0.17 0.01 6 -0.03 0.00 -0.02 -0.03 0.00 -0.05 -0.10 7 8 9 -0.14 0.03 0.87 -0.13 0.01 0.37 -0.12 0.00 0.46 -0.11 0.00 0.31 -0.10 0.00 -0.14 -0.13 0.00 -0.62 -0.10 0.02 0.67 10 11 0.20 0.03 0.12 0.08 0.04 0.01 0.09 0.04 0.07 0.03 0.03 -0.06 0.06 0.10 12 13 14 0.54 0.09 0.78 0.08 0.09 0.95 0.31 0.11 0.83 0.19 -0.02 0.93 -0.19 -0.05 0.94 -0.60 0.01 0.69 0.44 0.07 0.81 15 16 17 18 19 0.77 0.18 0.20 0.05 0.04 0.96 0.23 0.20 0.04 0.07 0.86 0.22 0.23 0.00 0.07 0.88 0.33 0.15 0.03 0.04 0.97 0.30 0.25 0.05 0.05 0.51 0.38 -0.07 -0.03 0.01 0.77 0.23 0.17 0.06 0.06 20 0.10 0.12 0.07 0.06 0.09 0.14 0.06 21 22 0.09 0.10 0.19 0.12 0.26 0.01 0.16 0.11 0.00 0.23 -0.03 0.12 0.17 0.03 23 0.01 -0.01 -0.03 0.04 -0.03 0.17 0.04 24 25 26 27 28 0.17 0.18 0.16 0.07 0.05 0.18 0.19 0.17 0.05 0.07 0.18 0.21 0.12 0.02 0.08 0.21 0.20 0.09 0.03 0.08 0.31 0.33 0.16 0.10 -0.02 0.28 0.29 0.14 0.13 -0.02 0.19 0.22 0.12 0.08 0.02 Percentage points at annual rates: Personal consumption 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................. Healthcare................................. Transportation services............ Recreation services................... Food services and accommodations.................. Financial services and insurance................................ Other services........................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)............... Gross private domestic investment Fixed investment................................. Nonresidential................................ Structures................................... Equipment.................................. Information processing equipment......................... Computers and peripheral equipment..................... Other.................................. Industrial equipment............. Transportation equipment.... Other equipment.................. Intellectual property products... Software 1............................. Research and development Entertainment, literary, and artistic originals................ Residential...................................... Change in private inventories........... Farm................................................ Nonfarm.......................................... Government consumption expenditures and gross investment......................................... Federal................................................ National defense............................ Consumption expenditures...... Gross investment....................... Nondefense.................................... Consumption expenditures...... Gross investment....................... State and local.................................... Consumption expenditures...... Gross investment....................... Addenda: Final sales of computers to domestic purchasers2................................... Gross domestic purchases excluding final sales of computers to domestic purchasers..................... Food 3.................................................. Energy goods and services.............. Gross domestic purchases excluding food and energy............................ 2013 IV I II III Gross domestic product............ Plus: Income receipts from the rest of the world......................... Less: Income payments to the rest of the world................................. 1 1.8 2.8 2.8 0.1 1.1 2 8.8 0.3 -2.6 7.4 -8.9 1.5 1.0 3 2.9 2.6 4.7 4.4 1.0 -4.1 -9.5 Equals: Gross national product Less: Consumption of fixed capital Private......................................... Government........................... General government......... Government enterprises... 4 5 6 7 8 9 2.1 1.2 1.1 2.0 2.0 2.1 2.7 1.7 1.8 1.4 1.4 1.6 2.4 1.8 1.9 1.3 1.2 1.5 0.3 1.9 2.0 1.2 1.1 1.4 0.6 2.0 2.3 1.1 1.0 1.3 2.7 2.0 2.3 1.1 1.0 1.4 3.9 2.0 2.3 1.1 1.1 1.5 Equals: Net national product.... 10 2.3 2.8 2.6 0.1 0.4 2.8 4.3 11 12 13 14 15 2.5 2.8 2.0 2.7 1.8 2.5 2.4 3.0 2.7 2.7 0.9 0.6 3.0 0.7 2.9 4.9 5.0 -0.2 5.4 -0.9 2.4 1.9 1.0 2.5 1.3 3.2 3.4 2.6 3.4 2.6 1.4 1.8 3.9 1.3 3.7 16 4.2 4.4 4.6 1.8 2.3 3.3 6.0 Addenda: Gross domestic income 1......... Gross national income 2........... Net domestic product................ Net domestic income 3............. Net domestic purchases........... Gross national product, current dollars..................................... 2.5 3.6 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, 2009=100] 29 -0.02 -0.02 -0.01 -0.02 -0.03 -0.03 -0.03 30 31 32 33 34 35 36 37 -0.02 0.00 0.03 0.02 0.02 0.05 0.00 0.05 -0.01 -0.01 0.02 0.03 0.04 0.05 -0.01 0.06 0.00 -0.01 0.01 0.04 0.04 0.03 -0.03 0.05 -0.01 -0.02 0.02 0.07 0.02 -0.02 -0.02 0.00 0.00 -0.02 0.01 0.00 0.00 0.07 0.03 0.05 0.00 -0.03 -0.01 0.00 0.02 0.04 0.03 0.02 0.00 -0.03 0.00 0.04 0.01 0.03 -0.01 0.03 38 39 40 41 42 0.00 0.02 -0.01 -0.01 0.01 0.00 0.02 0.00 -0.01 0.00 0.01 0.09 -0.02 0.01 -0.03 0.00 0.11 0.02 0.03 -0.02 0.00 0.17 -0.02 0.00 -0.03 0.00 0.15 -0.01 -0.01 0.00 0.01 0.10 -0.02 -0.04 0.02 43 44 45 46 47 48 49 50 51 52 53 0.56 0.22 0.15 0.12 0.02 0.07 0.06 0.01 0.34 0.28 0.06 0.24 0.06 0.05 0.04 0.01 0.01 0.01 0.00 0.18 0.11 0.06 0.06 0.01 0.02 0.02 0.00 -0.01 0.00 0.00 0.05 0.01 0.03 0.25 0.04 0.04 0.05 -0.01 0.00 0.00 0.00 0.21 0.19 0.02 0.17 0.18 0.13 0.12 0.01 0.05 0.04 0.01 -0.01 -0.04 0.03 0.02 0.06 0.04 0.02 0.01 0.02 0.02 0.00 -0.04 -0.07 0.03 0.28 0.07 0.04 0.04 0.00 0.03 0.03 0.00 0.21 0.18 0.03 Seasonally adjusted Line 2011 54 -0.06 -0.04 -0.02 -0.05 -0.04 -0.03 -0.03 55 56 57 2.38 0.18 0.55 1.69 0.11 0.05 1.39 0.04 0.25 1.61 0.13 0.23 1.24 0.07 -0.16 0.25 0.02 -0.48 1.82 0.03 0.41 58 1.59 1.49 1.09 1.20 1.29 0.68 1.35 2013 2012 2012 I IV III Gross domestic product............ Plus: Income receipts from the rest of the world......................... Less: Income payments to the rest of the world................................. 1 104.400 107.302 107.741 2 109.330 109.605 108.584 110.534 107.999 3 95.701 98.152 97.781 98.837 Equals: Gross national product Less: Consumption of fixed capital Private......................................... Government................................ General government............. Government enterprises...... 4 5 6 7 8 9 104.954 101.842 101.196 104.630 104.618 104.721 107.744 103.610 103.025 106.138 106.103 106.393 108.143 103.840 103.267 106.314 106.276 106.592 108.237 104.324 103.792 106.622 106.577 106.955 II 107.780 108.087 108.751 99.077 III 109.718 108.414 108.682 98.057 95.634 108.408 109.123 110.183 104.849 105.380 105.914 104.373 104.962 105.550 106.905 107.186 107.488 106.852 107.121 107.410 107.293 107.663 108.054 Equals: Net national product.... 10 105.552 108.537 108.967 108.987 109.091 Addenda: Net domestic product................ Net domestic purchases........... 11 12 109.841 111.002 104.898 108.019 108.498 108.451 108.717 109.407 110.457 105.197 108.081 108.592 108.337 108.679 109.368 110.364 Table 1.7.4. Price Indexes for Gross Domestic Product, Gross National Product, and Net National Product [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2012 2012 III II Percent change at annual rate: Gross domestic purchases........... 2011 2013 IV I II III Gross domestic product............ Plus: Income receipts from the rest of the world......................... Less: Income payments to the rest of the world................................. 1 103.203 105.008 105.345 105.640 105.994 106.165 106.681 2 114.077 116.025 116.174 116.626 116.985 117.067 117.594 3 114.075 116.085 116.251 Equals: Gross national product Less: Consumption of fixed capital Private......................................... Government................................ General government............. Government enterprises....... 4 103.327 105.131 105.465 105.762 5 101.682 103.626 103.898 104.220 6 101.322 103.294 103.585 103.950 7 103.218 105.046 105.240 105.380 8 103.155 104.855 105.034 105.137 9 103.682 106.466 106.771 107.185 Equals: Net national product.... 10 103.641 Addenda: Net domestic product................ Net domestic purchases........... 11 12 116.721 117.063 117.103 117.642 106.116 104.859 104.652 105.752 105.333 108.857 106.287 105.455 105.311 106.077 105.617 109.486 106.803 105.874 105.770 106.324 105.844 109.885 105.420 105.765 106.057 106.358 106.450 106.984 103.498 105.277 105.626 105.916 106.216 106.306 106.841 104.296 105.969 106.088 106.512 106.770 106.731 107.215 National Data D-16 December 2013 Table 1.7.5. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income Table 1.7.6. Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 III Gross domestic product.......... Plus: Income receipts from the rest of the world....................... Less: Income payments to the rest of the world....................... Line 2013 2012 2012 IV 1 II III 1 15,533.8 16,244.6 16,356.0 16,420.3 16,535.3 16,661.0 16,890.8 2 802.8 3 542.1 818.6 565.7 812.0 829.8 813.3 817.0 822.7 564.4 572.8 575.9 570.1 558.6 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... 14 13,342.0 13,954.6 14,048.5 14,102.3 14,168.9 14,276.0 14,499.2 Less: Statistical discrepancy 15 Equals: National income.......... Less: Corporate profits with inventory valuation and capital consumption adjustments......................... Taxes on production and imports less subsidies........ Contributions for government social insurance, domestic Net interest and miscellaneous payments on assets................................... Business current transfer payments (net)..................... Current surplus of government enterprises.......................... Plus: Personal income receipts on assets.................................. Plus: Personal current transfer receipts..................................... 16 13,395.7 13,971.6 13,962.1 14,204.0 14,324.5 14,462.7 14,596.7 Equals: Personal income......... 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......... 4 15,794.6 16,497.4 16,603.7 16,677.3 16,772.7 16,907.9 17,154.9 5 6 7 2,452.6 1,974.4 1,571.6 2,542.9 2,049.3 1,639.4 2,555.1 2,059.8 1,648.4 2,575.0 2,077.6 1,661.4 2,603.8 2,103.3 1,680.6 2,631.9 2,128.5 1,698.9 2,655.7 2,149.8 1,714.4 8 1,837.2 1,595.0 1,600.2 1,614.1 1,650.6 1,666.1 1,681.1 9 10 11 12 13 265.7 402.9 478.1 421.2 57.0 -44.4 409.9 493.6 434.2 59.4 -48.2 411.4 495.3 435.6 59.7 -47.3 416.2 497.4 437.3 60.2 -30.0 422.7 500.5 439.2 61.3 -32.8 429.6 503.4 441.5 61.9 -33.3 435.4 506.0 443.7 62.3 -53.7 1,877.7 17 -17.0 2,009.5 86.4 2,012.3 -101.7 2,047.2 -155.6 -186.8 -97.5 2,020.6 2,087.4 2,125.7 1,083.6 2012 2012 2011 Gross domestic product.......... 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....................................... Government.............................. General government........... Government enterprises.... 2013 IV III I II III 1 15,052.4 15,470.7 15,534.0 15,539.6 15,583.9 15,679.7 15,819.0 2 703.8 705.5 698.9 711.5 695.2 697.9 699.6 3 475.2 487.3 485.5 490.7 491.9 486.9 474.8 4 15,286.7 15,693.1 15,751.1 15,764.8 15,789.7 15,893.9 16,048.2 2,412.0 1,948.7 463.2 408.3 55.0 5 6 7 8 9 2,453.9 1,983.9 469.9 414.1 55.8 2,459.3 1,988.6 470.7 414.7 55.9 2,470.8 1,998.7 472.0 415.9 56.1 2,483.2 2,009.9 473.3 417.0 56.3 2,495.8 2,021.2 474.5 418.0 56.5 Equals: Net national product ... 10 12,873.9 13,238.0 13,290.5 13,292.9 13,305.5 13,397.1 13,538.6 Addenda: Gross domestic income 1....... Gross national income 2......... Net domestic product.............. Net domestic income 3........... Net domestic purchases......... 11 12 13 14 15 15,104.3 15,338.7 12,639.8 12,691.6 13,088.4 15,487.0 15,709.2 13,015.8 13,032.0 13,447.1 15,451.9 15,669.1 13,073.6 12,991.7 13,510.7 15,636.0 15,861.0 13,067.9 13,163.9 13,479.0 15,730.6 15,936.3 13,099.9 13,246.2 13,521.6 15,855.4 16,069.4 13,183.0 13,358.5 13,607.3 18 1,037.2 1,065.6 1,062.8 1,068.6 1,082.7 19 918.2 950.7 947.4 967.9 1,093.7 1,103.3 1,109.1 20 456.9 439.6 455.3 430.3 477.0 444.0 462.7 Table 1.8.3. Command-Basis Real Gross Domestic Product and Gross National Product, Quantity Indexes [Index numbers, 2009=100] 129.6 106.9 102.6 99.5 121.9 125.8 120.1 22 -23.8 -27.7 -28.5 -31.8 -35.5 -39.0 -41.5 23 1,884.6 1,958.5 1,926.9 2,062.8 1,935.8 1,994.0 2,030.2 24 2,306.9 2,358.3 2,364.4 2,388.0 2,426.0 2,430.9 2,466.0 Seasonally adjusted Line 2011 15,587.5 15,848.3 14,705.2 13,081.3 13,134.9 12,252.7 13,650.0 16,261.6 16,514.5 15,369.6 13,701.7 13,718.8 12,826.8 14,248.9 16,269.6 16,517.2 15,380.4 13,800.9 13,714.5 12,825.3 14,325.3 16,522.0 16,779.1 15,642.8 13,845.3 13,947.0 13,067.8 14,361.1 16,690.9 16,928.3 15,759.2 13,931.5 14,087.1 13,155.4 14,454.6 16,847.8 17,094.6 15,927.9 14,029.1 14,215.9 13,296.0 14,538.1 16,988.3 17,252.4 16,090.2 14,235.1 14,332.6 13,434.4 14,737.0 1. Consists of compensation of employees, proprietors’ income with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj), rental income of persons with CCAdj, corporate profits with IVA and CCAdj, net interest and miscellaneous payments, and consumption of fixed capital. 2. Consists of gross national factor income less consumption of fixed capital. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2012 2012 Gross domestic product............ Less: Exports of goods and services...................................... Plus: Imports of goods and services...................................... Equals: Gross domestic purchases.................................. Plus: Exports of goods and services, command basis ’....... Less: Imports of goods and services, command basis 1....... Equals: Command-basis gross domestic product’•*.............. 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: Command-basis gross national product1>*................ Addenda: Command-basis net domestic product4................................. 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................ 1. 2. 3. 4. 2013 IV III 25 13,191.3 13,743.8 13,701.6 14,073.1 13,925.9 14,086.2 14,233.3 26 27 28 29 30 31 32 15,910.4 16,139.4 13,309.6 13,400.8 13,731.2 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. Note. Except as noted in footnotes 1,2 and 3, chained (2009) dollar series are calculated as the product of the chaintype quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. 1,079.9 21 2,508.4 2,032.5 475.9 419.2 56.7 I III II 1 104.400 107.302 107.741 107.780 108.087 108.751 109.718 2 119.367 123.590 123.851 124.196 123.781 126.181 127.333 3 118.239 120.860 121.358 120.398 120.584 122.615 123.422 4 104.666 107.374 107.841 5 127.705 131.297 6 130.064 131.461 107.702 108.073 108.737 109.660 131.335 131.697 131.333 132.725 133.728 130.370 130.155 130.136 130.569 130.933 7 103.711 106.695 107.283 107.291 107.721 108.479 109.488 8 120.058 9 105.090 120.425 119.315 121.462 118.688 119.160 119.461 107.898 107.498 108.681 107.793 105.145 108.938 107.807 107.870 108.164 108.974 110.076 10 104.387 107.261 11 12 104.091 107.306 107.963 107.879 108.289 109.087 110.189 104.898 108.019 108.498 108.451 108.717 109.407 110.457 108.575 108.557 108.806 109.668 110.879 108.967 108.987 109.091 109.841 111.002 13 104.884 14 105.552 107.967 108.537 15 1.8 2.8 2.8 0.1 1.1 2.5 3.6 16 17 1.5 2.1 2.9 2.7 3.5 2.4 0.0 0.3 1.6 0.6 2.8 2.7 3.8 3.9 18 1.8 2.8 3.2 0.2 1.1 3.0 4.1 Deflator is the gross domestic purchases price index. This measure is called “real gross domestic income" in the System of National Accounts, 2008. This measure is called “real gross national income" in the System of National Accounts, 2008. Deflator is the net domestic purchases price index. December 2013 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 (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2013 2012 IV III II I III Gross domestic product.............................................................................................................. Less: Exports of goods and services........................................................................................... Plus: Imports of goods and services............................................................................................ 1 2 3 15,052.4 1,890.5 2,336.4 15,470.7 1,957.4 2,388.2 15,534.0 1,961.6 2,398.0 15,539.6 1,967.0 2,379.1 15,583.9 1,960.5 2,382.7 15,679.7 1,998.4 2,422.9 15,819.0 2,016.7 2,438.8 Equals: Gross domestic purchases......................................................................................... Plus: Exports of goods and services, command basis 1............................................................ Less: Imports of goods and services, command basis 1........................................................... 4 5 6 15,501.1 2,022.6 2,570.1 15,902.3 2,079.5 2,597.7 15,971.4 2,079.8 2,575.6 15,950.8 2,085.5 2,571.4 16,005.8 2,079.7 2,571.0 16,104.1 2,101.8 2,579.6 16,240.7 2,117.7 2,586.8 Equals: Command-basis gross domestic product .......................................................... Plus: Income receipts from the rest of the world, command basis '........................................ Less: Income payments to the rest of the world, command basis 1......................................... 7 8 9 14,953.0 772.8 521.8 15,383.2 775.2 535.7 15,467.9 767.9 533.7 15,469.0 781.7 539.6 15,531.0 763.9 540.9 15,640.3 766.9 535.2 15,785.7 768.9 522.1 Equals: Command-basis gross national product ............................................................ 10 15,204.1 15,622.7 15,702.1 15,711.1 15,754.0 15,872.0 16,032.5 Addenda: Command-basis net domestic product4.................................................................................. Net domestic product................................................................................................................. Command-basis net national product4.................................................................................... Net national product................................................................................................................... 11 12 13 14 12,542.5 12,639.8 12,792.5 12,873.9 12,929.9 13,015.8 13,168.5 13,238.0 13,008.9 13,073.6 13,242.3 13,290.5 12,998.9 13,067.9 13,240.2 13,292.9 13,048.2 13,099.9 13,270.6 13,305.5 13,144.4 13,183.0 13,375.7 13,397.1 13,277.1 13,309.6 13,523.4 13,538.6 Trade indexes (seasonally adjusted): Trading gains index 5.............................................................................................................. Terms of trade index6............................................................................................................ Terms of trade, goods7..................................................................................................... Terms of trade, nonpetroleum goods 8............................................................................ 15 16 17 18 99.344 97.259 97.275 106.753 99.440 97.669 97.135 107.032 99.625 98.718 98.350 107.275 99.520 98.098 97.546 107.144 99.556 98.320 97.672 107.312 99.660 98.786 98.038 106.595 99.702 99.006 98.120 107.820 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 priceindex for nonpetroleum goods imports. Table 1.10. Gross Domestic Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2013 2012 IV III 1 III II Gross domestic income..................................................................................................... 1 15,587.5 16,261.6 16,269.6 16,522.0 16,690.9 16,847.8 16,988.3 Compensation of employees, paid........................................................................................... Wages and salaries.................................................................................................................... To persons.......................................................................................................................... To the rest of the world...................................................................................................... Supplements to wages and salaries........................................................................................ 2 3 4 5 6 8,286.6 6,646.8 6,632.6 14.2 1,639.8 8,620.0 6,935.1 6,920.5 14.6 1,684.9 8,599.5 6,913.2 6,898.4 14.8 1,686.2 8,795.5 7,094.6 7,080.0 14.6 1,700.9 8,756.1 7,048.2 7,033.8 14.4 1,707.9 8,844.0 7,126.1 7,111.0 15.1 1,717.8 8,897.6 7,172.0 7,156.8 15.2 1,725.6 Taxes on production and imports............................................................................................. 7 1,097.1 1,122.9 1,118.8 1,126.3 1,140.7 1,138.8 1,142.7 Less: Subsidies............................................................................................................................. 8 60.0 57.3 56.0 57.7 58.0 58.9 59.1 Net operating surplus.................................................................................................................. 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 adjustment..................................... Corporate profits with inventory valuation and capital consumption adjustments, domestic industries............................................................................................................ Taxes on corporate income............................................................................................... Profits after tax with inventory valuation and capital consumption adjustments........ Net dividends................................................................................................................. Undistributed corporate profits with inventory valuation and capital consumption adjustments............................................................................................................... Current surplus of government enterprises............................................................................ 9 10 11 12 13 14 3,811.2 3,834.9 624.6 129.6 1,155.1 484.4 4,033.2 4,060.9 597.4 106.9 1,224.9 541.2 4,052.2 4,080.7 611.7 102.6 1,220.0 546.7 4,083.0 4,114.8 583.3 99.5 1,247.5 555.4 4,248.2 4,283.7 630.3 121.9 1,334.6 574.9 4,292.0 4,331.0 591.7 125.8 1,341.5 587.7 4,351.4 4,392.8 609.9 120.1 1,357.0 600.1 15 16 17 18 1,441.2 374.2 1,067.0 545.1 1,590.5 434.8 1,155.7 613.6 1,599.8 439.1 1,160.7 577.3 1,629.1 433.2 1,196.0 735.3 1,622.1 408.2 1,213.8 616.6 1,684.3 418.2 1,266.1 874.7 1,705.9 413.4 1,292.4 760.0 19 20 521.8 -23.8 542.2 -27.7 583.4 -28.5 460.7 -31.8 597.3 -35.5 391.4 -39.0 532.5 -41.5 Consumption of fixed capital..................................................................................................... Private.......................................................................................................................................... Government................................................................................................................................ 21 22 23 2,452.6 1,974.4 478.1 2,542.9 2,049.3 493.6 2,555.1 2,059.8 495.3 2,575.0 2,077.6 497.4 2,603.8 2,103.3 500.5 2,631.9 2,128.5 503.4 2,655.7 2,149.8 506.0 Addendum: Statistical discrepancy............................................................................................................... 24 -53.7 -17.0 86.4 -101.7 -155.6 -186.8 -97.5 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-18 December 2013 Table 1.12. National Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2013 2012 IV III I II III National income.................................................................................................................... 1 13,395.7 13,971.6 13,962.1 14,204.0 14,324.5 14,462.7 14,596.7 Compensation of employees...................................................................................................... Wages and salaries..................................................................................................................... Government............................................................................................................................. Other......................................................................................................................................... Supplements to wages and salaries......................................................................................... Employer contributions for employee pension and insurance funds1.............................. Employer contributions for government social insurance.................................................. 2 3 4 5 6 7 8 8,278.5 6,638.7 1,194.4 5,444.3 1,639.8 1,145.4 494.4 8,611.6 6,926.8 1,197.3 5,729.4 1,684.9 1,170.6 514.3 8,591.0 6,904.7 1,195.1 5,709.7 1,686.2 1,174.1 512.2 8,787.4 7,086.6 1,199.3 5,887.2 1,700.9 1,176.8 524.0 8,748.3 7,040.4 1,195.8 5,844.5 1,707.9 1,182.1 525.8 8,835.5 7,117.6 1,194.1 5,923.6 1,717.8 1,187.6 530.2 8,889.1 7,163.5 1,190.7 5,972.8 1,725.6 1,193.1 532.5 Proprietors' income with IVA and CCAdj................................................................................. Farm.............................................................................................................................................. Nonfarm........................................................................................................................................ 9 10 11 1,155.1 72.6 1,082.6 1,224.9 75.4 1,149.6 1,220.0 75.3 1,144.7 1,247.5 74.5 1,173.0 1,334.6 137.0 1,197.6 1,341.5 129.0 1,212.5 1,357.0 131.3 1,225.7 Rental income of persons with CCAdj..................................................................................... 12 484.4 541.2 546.7 555.4 574.9 587.7 600.1 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............................................................................ 13 14 15 16 17 1,877.7 374.2 1,503.5 701.6 801.9 2,009.5 434.8 1,574.7 770.3 804.3 2,012.3 439.1 1,573.2 746.7 826.5 2,047.2 433.2 1,614.0 867.6 746.4 2,020.6 408.2 1,612.3 763.8 848.5 2,087.4 418.2 1,669.2 1,037.3 631.9 2,125.7 413.4 1,712.2 857.6 854.7 Net interest and miscellaneous payments.............................................................................. 18 456.9 439.6 455.3 430.3 477.0 444.0 462.7 Taxes on production and imports.............................................................................................. 19 1,097.1 1,122.9 1,118.8 1,126.3 1,140.7 1,138.8 1,142.7 Less: Subsidies.............................................................................................................................. 20 60.0 57.3 56.0 57.7 58.0 58.9 59.1 Business current transfer payments (net)............................................................................... To persons (net)........................................................................................................................... To government (net).................................................................................................................... To the rest of the world (net)...................................................................................................... 21 22 23 24 129.6 46.7 90.1 -7.2 106.9 41.4 70.6 -5.1 102.6 40.6 66.2 -4.2 99.5 40.1 59.7 -O.2 121.9 44.0 75.7 2.2 125.8 44.4 80.1 1.3 120.1 44.9 74.6 0.6 Current surplus of government enterprises............................................................................ 25 -23.8 -27.7 -28.5 -31.8 -35.5 -39.0 -41.5 Addenda for corporate cash flow: Net cash flow with IVA................................................................................................................. Undistributed profits with IVA and CCAdj............................................................................. Consumption of fixed capital................................................................................................. Less: Capital transfers paid (net).......................................................................................... 26 27 28 29 2,146.7 801.9 1,306.0 -38.8 2,177.1 804.3 1,365.7 -7.1 2,209.1 826.5 1,373.6 -9.0 2,117.9 746.4 1,384.4 12.9 2,258.6 848.5 1,400.4 -9.6 2,053.3 631.9 1,415.7 -5.7 2,287.8 854.7 1,428.7 -4.5 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 CCAdj)....................................................... Inventory valuation adjustment......................................................................................... Capital consumption adjustment........................................................................................... 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 1,155.1 72.6 78.5 -5.9 1,082.6 892.2 -8.8 199.2 484.4 498.3 -14.0 1,877.7 1,791.3 1,847.4 374.2 1,473.1 701.6 771.6 -56.0 86.4 1,224.9 75.4 81.3 -5.9 1,149.6 1,004.9 -1.6 146.2 541.2 555.3 -14.1 2,009.5 2,180.0 2,190.0 434.8 1,755.2 770.3 984.9 -10.0 -170.5 1,220.0 75.3 81.2 -5.9 1,144.7 1,004.3 -5.7 146.1 546.7 560.9 -14.2 2,012.3 2,186.6 2,208.5 439.1 1,769.4 746.7 1,022.7 -22.0 -174.2 1,247.5 74.5 80.3 -5.9 1,173.0 1,027.9 -1.9 147.0 555.4 569.9 -14.6 2,047.2 2,221.1 2,229.5 433.2 1,796.4 867.6 928.7 -8.4 -173.9 1,334.6 137.0 142.9 -5.8 1,197.6 1,049.8 -2.5 150.3 574.9 589.9 -15.0 2,020.6 2,180.0 2,193.1 408.2 1,784.8 763.8 1,021.0 -13.0 -159.5 1,341.5 129.0 134.8 -5.8 1,212.5 1,060.9 2.1 149.6 587.7 603.0 -15.4 2,087.4 2,248.6 2,239.7 418.2 1,821.4 1,037.3 784.2 8.9 -161.1 1,357.0 131.3 137.0 -5.8 1,225.7 1,077.3 -0.8 149.2 600.1 615.7 -15.6 2,125.7 2,286.8 2,285.1 413.4 1,871.7 857.6 1,014.1 1.7 -161.1 IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 1. Includes actual employer contributions and actuarially imputed employer contributions to reflect benefits accrued by defined benefit pension plan participants through service to employers in the current period. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 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 2012 2013 2012 III IV 9,082.8 1,373.6 7,709.2 5,185.1 4,316.6 868.5 738.3 1,785.8 111.3 74.6 1,599.8 439.1 1,160.7 577.3 583.4 9,287.1 1,384.4 7,902.7 5,345.7 4,450.3 895.4 743.0 1,814.1 112.8 72.1 1,629.1 433.2 1,196.0 735.3 460.7 9,290.9 1,400.4 7,890.5 5,300.3 4,413.0 887.3 753.3 1,836.9 119.8 95.0 1,622.1 408.2 1,213.8 616.6 597.3 Gross value added of corporate business 1.................................................................. Consumption of fixed capital.......................................................................................................... Net value added.............................................................................................................................. Compensation of employees..................................................................................................... Wages and salaries................................................................................................................ Supplements to wages and salaries.................................................................................... Taxes on production and imports less subsidies..................................................................... Net operating surplus................................................................................................................. Net interest and miscellaneous 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.................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Gross value added of financial corporate business 1................................................. 16 999.8 1,058.8 1,079.9 1,123.4 Gross value added of nonfinancial corporate business 1.......................................... Consumption of fixed capital.......................................................................................................... Net value added.............................................................................................................................. Compensation of employees..................................................................................................... Wages and salaries................................................................................................................ Supplements to wages and salaries.................................................................................... Taxes on production and imports less subsidies..................................................................... Net operating surplus................................................................................................................. Net interest and miscellaneous 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................................................................... 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 7,636.4 1,135.8 6,500.6 4,374.3 3,624.7 749.6 664.2 1,462.1 287.2 89.3 1,085.6 222.3 863.3 440.3 423.0 8,030.8 1,188.2 6,842.7 4,600.8 3,824.8 776.0 685.3 1,556.5 295.5 92.5 1,168.5 256.9 911.6 478.8 432.8 8,002.9 1,195.2 6,807.7 4,589.1 3,815.2 773.9 683.2 1,535.3 297.2 89.7 1,148.4 249.1 899.4 461.2 438.1 8,163.8 1,204.7 6,959.1 4,694.5 3,901.7 792.8 687.6 1,577.0 299.3 84.3 1,193.4 268.4 925.0 540.4 384.6 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.......................................................................................... 32 33 34 35 36 1,410.8 1,036.6 491.4 -56.0 86.4 1,771.1 1,336.3 722.7 -10.0 -170.5 1,796.0 1,356.9 779.6 -22.0 -174.2 Nonfinancial corporate business: Profits before tax (without IVA and CCAdj)......................................................................... Profits after tax (without IVA and CCAdj)............................................................................ Inventory valuation adjustment............................................................................................ Capital consumption adjustment.......................................................................................... 37 38 39 40 1,026.7 804.4 -56.0 114.9 1,293.7 1,036.8 -10.0 -115.1 1,288.8 1,039.7 -22.0 -118.4 8,636.2 1,306.0 7,330.2 4,952.7 4,107.4 845.3 718.4 1,659.2 109.9 108.1 1,441.2 374.2 1,067.0 545.1 521.8 9,089.7 1,365.7 7,724.0 5,202.9 4,331.4 871.5 740.5 1,780.6 110.7 79.4 1,590.5 434.8 1,155.7 613.6 542.2 I II III 9,433.6 1,415.7 8,017.9 5,369.8 4,476.3 893.4 752.1 1,895.9 113.4 98.2 1,684.3 418.2 1,266.1 874.7 391.4 9,513.8 1,428.7 8,085.1 5,414.0 4,515.5 898.5 754.9 1,916.2 117.1 93.2 1,705.9 413.4 1,292.4 760.0 532.5 1,127.5 1,177.1 1,185.1 8,163.4 1,218.5 6,944.9 4,654.7 3,869.1 785.6 697.3 1,593.0 322.5 80.1 1,190.3 266.6 923.7 483.3 440.5 8,256.5 1,231.6 7,024.9 4,715.6 3,924.6 791.1 696.2 1,613.1 302.2 82.7 1,228.1 264.1 964.0 463.3 500.8 8,328.7 1,243.1 7,085.6 4,754.5 3,958.9 795.5 698.7 1,632.4 311.7 79.6 1,241.1 263.8 977.4 570.4 407.0 1,811.5 1,378.3 643.0 -8.4 -173.9 1,794.6 1,386.3 769.8 -13.0 -159.5 1,836.6 1,418.3 543.6 8.9 -161.1 1,865.3 1,451.9 691.9 1.7 -161.1 1,319.4 1,051.0 -8.4 -117.6 1,307.7 1,041.1 -13.0 -104.3 1,324.7 1,060.6 8.9 -105.4 1,344.9 1,081.2 1.7 -105.5 7,889.9 1,164.7 6,725.2 7,919.9 1,172.8 6,747.1 Addenda: Value added, in billions of chained (2009) dollars: Gross value added of nonfinancial corporate business 2.......................................... Consumption of fixed capital3......................................................................................... Net value added 4.............................................................................................................. 41 42 43 7,464.6 1,110.1 6,354.5 7,743.2 1,136.0 6,607.1 7,701.5 1,139.4 6,562.2 7,821.0 1,147.1 6,673.9 7,795.6 1,156.0 6,639.6 IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 1. Estimates for financial corporate business and nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the chain-type price index for GDP goods and structures is used. 3. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. 4. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross product and the consumption of fixed capital. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-20 December 2013 Table 1.15. Price, Costs, and Profit Per Unit of Real Gross Value Added of Nonfinancial Domestic Corporate Business [Dollars] Seasonally adjusted Line 2012 2012 2011 2013 IV III I II III Price per unit of real gross value added of nonfinancial corporate business ’............................... 1 1.023 1.037 1.039 1.044 1.047 1.046 1.052 Compensation of employees (unit labor cost)......................................................................................... 2 0.586 0.594 0.596 0.600 0.597 0.598 0.600 Unit nonlabor cost.......................................................................................................................................... Consumption of fixed capital........................................................................................................................ Taxes on production and imports less subsidies plus business current transfer payments (net)....... Net interest and miscellaneous payments................................................................................................ 3 4 5 6 0.291 0.152 0.101 0.038 0.291 0.153 0.100 0.038 0.294 0.155 0.100 0.039 0.291 0.154 0.099 0.038 0.297 0.156 0.100 0.041 0.293 0.156 0.099 0.038 0.294 0.157 0.098 0.039 Corporate profits with IVA and CCAdj (unit profits from current production).................................. Taxes on corporate income.......................................................................................................................... Profits after tax with IVA and CCAdj........................................................................................................... 7 8 9 0.145 0.030 0.116 0.151 0.033 0.118 0.149 0.032 0.117 0.153 0.034 0.118 0.153 0.034 0.118 0.156 0.033 0.122 0.157 0.033 0.123 IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 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). Note. 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. Table 1.17.1. Percent Change From Preceding Period in Real Gross Domestic Product, Real Gross Domestic Income, and Other Major NIPA Aggregates [Percent] Seasonally adjusted at annual rates Line 2012 2012 2011 2013 IV III 1 III II Production in the United States: Gross domestic product........................................................................................................................... Gross domestic income........................................................................................................................... Net domestic product1............................................................................................................................ Net domestic income '...................... ...................................................................................................... 1 2 3 4 1.8 2.5 2.0 2.7 2.8 2.5 3.0 2.7 2.8 0.9 3.0 0.7 0.1 4.9 -0.2 5.4 1.1 2.4 1.0 2.5 2.5 3.2 2.6 3.4 3.6 1.4 3.9 1.3 Production by labor and capital supplied by U.S. residents: Gross national product............................................................................................................................. Gross national income............................................................................................................................. Net national product1.............................................................................................................................. 5 6 7 2.1 2.8 2.3 2.7 2.4 2.8 2.4 0.6 2.6 0.3 5.0 0.1 0.6 1.9 0.4 2.7 3.4 2.8 3.9 1.8 4.3 Final expenditures by U.S. residents: Gross domestic purchases..................................................................................................................... Final sales to domestic purchasers 2..................................................................................................... 8 9 1.7 1.8 2.6 2.4 2.7 2.2 -0.5 1.4 1.4 0.5 2.5 2.1 3.4 1.8 Purchasing power of income:3 Command-basis gross domestic product.............................................................................................. Command-basis net domestic product1............................................................................................... Command-basis gross national product............................................................................................... Command-basis net national product1................................................................................................. 10 11 12 13 1.5 1.5 1.8 1.9 2.9 3.1 2.8 2.9 3.5 3.8 3.2 3.4 0.0 -0.3 0.2 -0.1 1.6 1.5 1.1 0.9 2.8 3.0 3.0 3.2 3.8 4.1 4.1 4.5 After-tax income received by the personal sector: Disposable personal income................................................................................................................... 14 2.4 2.0 -O.6 9.0 -7.9 4.1 2.9 1. In this table, the net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital. 2. Gross domestic purchases excluding change in private inventories. 3. The command-basis estimates (lines 10-13) measure the purchasing power of the income generated by the sale of goods and services produced; they reflect gains or losses in real income resulting from changes in the terms of trade for exports and imports. For more detail on the command-basis measures, see NIPA tables 1.8.3 and 1.8.6. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 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 2011 2012 2012 III 2013 IV I II III Production in the United States: Gross domestic product.......................................................................................................................... Gross domestic income............................................................. ............................................................ Net domestic product'........................................................................................................................... Net domestic income 1............................................................................................................................ 1 2 3 4 15,533.8 15,587.5 13,081.3 13,134.9 16,244.6 16,261.6 13,701.7 13,718.8 16,356.0 16,269.6 13,800.9 13,714.5 16,420.3 16,522.0 13,845.3 13,947.0 16,535.3 16,690.9 13,931.5 14,087.1 16,661.0 16,847.8 14,029.1 14,215.9 16,890.8 16,988.3 14,235.1 14,332.6 Production by labor and capital supplied by U.S. residents: Gross national product............................................................................................................................ Gross national income............................................................................................................................ Net national product'............................................................................................................................. National income 2.................................................................................................................................... 5 6 7 8 15,794.6 15,848.3 13,342.0 13,395.7 16,497.4 16,514.5 13,954.6 13,971.6 16,603.7 16,517.2 14,048.5 13,962.1 16,677.3 16,779.1 14,102.3 14,204.0 16,772.7 16,928.3 14,168.9 14,324.5 16,907.9 17,094.6 14,276.0 14,462.7 17,154.9 17,252.4 14,499.2 14,596.7 Final expenditures by U.S. residents: Gross domestic purchases.................................................................................................................... Final sales to domestic purchasers 3.................................................................................................... 9 10 16,102.6 16,066.2 16,791.8 16,725.7 16,880.4 16,798.8 16,936.1 16,923.1 17,058.4 16,995.0 17,170.0 17,092.8 17,392.8 17,246.8 After-tax income received by the personal sector: Disposable personal income.................................................................................................................. 11 11,787.4 12,245.8 12,205.1 12,520.4 12,296.9 12,417.4 12,568.7 1. In this table, net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital. 2. Equals gross national income less the depreciation of fixed assets as measured by the consumption of fixed capital. 3. Equals gross domestic purchases less change in private inventories. Table 1.17.6. Real Gross Domestic Product, Real Gross Domestic Income, and Other Major NIPA Aggregates, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2013 2012 III IV I II III Production in the United States: Gross domestic product.......................................................................................................................... Gross domestic income.......................................................................................................................... Net domestic product1........................................................................................................................... Net domestic income 1............................................................................................................................ 1 2 3 4 15,052.4 15,104.3 12,639.8 12,691.6 15,470.7 15,487.0 13,015.8 13,032.0 15,534.0 15,451.9 13,073.6 12,991.7 15,539.6 15,636.0 13,067.9 13,163.9 15,583.9 15,730.6 13,099.9 13,246.2 15,679.7 15,855.4 13,183.0 13,358.5 15,819.0 15,910.4 13,309.6 13,400.8 Production by labor and capital supplied by U.S. residents: Gross national product............................................................................................................................ Gross national income............................................................................................................................ Net national product'............................................................................................................................. 5 6 7 15,286.7 15,338.7 12,873.9 15,693.1 15,709.2 13,238.0 15,751.1 15,669.1 13,290.5 15,764.8 15,861.0 13,292.9 15,789.7 15,936.3 13,305.5 15,893.9 16,069.4 13,397.1 16,048.2 16,139.4 13,538.6 Final expenditures by U.S. residents: Gross domestic purchases.................................................................................................................... Final sales to domestic purchasers 2.................................................................................................... 8 9 15,501.1 15,463.4 15,902.3 15,835.2 15,971.4 15,882.8 15,950.8 15,939.7 16,005.8 15,958.6 16,104.1 16,041.0 16,240.7 16,112.4 Purchasing power of income:3 Command-basis gross domestic product.............................................................................................. Command-basis net domestic product'............................................................................................... Command-basis gross national product............................................................................................... Command-basis net national product1................................................................................................ 10 11 12 13 14,953.0 12,542.5 15,204.1 12,792.5 15,383.2 12,929.9 15,622.7 13,168.5 15,467.9 13,008.9 15,702.1 13,242.3 15,469.0 12,998.9 15,711.1 13,240.2 15,531.0 13,048.2 15,754.0 13,270.6 15,640.3 13,144.4 15,872.0 13,375.7 15,785.7 13,277.1 16,032.5 13,523.4 After-tax income received by the personal sector: Disposable personal income.................................................................................................................. 14 11,324.6 11,551.6 11,493.6 11,743.0 11,502.4 11,618.5 11,702.6 1. In this table, net measures are the corresponding gross measures excluding the depreciation of fixed assets as measured by the consumption of fixed capital. 2. Gross domestic purchases excluding change in private inventories. 3. The command-basis estimates (lines 10-13) measure the purchasing power of the income generated by the sale o, 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-22 December 2013 2. Personal Income and Outlays Table 2.1. Personal Income and Its Disposition [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2013 2012 2012 I IV III III II 13,191.3 13,743.8 13,701.6 14,073.1 13,925.9 14,086.2 14,233.3 8,278.5 6,638.7 5,444.3 1J 94.4 1,639.8 1,145.4 494.4 1,155.1 72.6 1,082.6 484.4 1,884.6 1,204.1 680.5 2,306.9 2,260.3 713.3 537.0 405.5 107.6 63.3 433.7 46.7 918.2 8,611.6 6,926.8 5,729.4 1,197.3 1,684.9 1,170.6 514.3 1,224.9 8,591.0 6,904.7 5,709.7 1,195.1 1,686.2 8,787.4 7,086.6 5,887.2 1,199.3 1,700.9 1,176.8 524.0 1,247.5 8,748.3 7,040.4 5,844.5 1,195.8 1,707.9 1,182.1 525.8 1,334.6 137.0 1,197.6 574.9 1,935.8 1,215.8 720.0 2,426.0 2,382.0 789.8 589.3 423.7 73.9 76.8 428.6 44.0 1,093.7 8,835.5 7,117.6 5,923.6 1,194.1 1,717.8 1,187.6 530.2 1,341.5 8,889.1 7,163.5 5,972.8 1,190.7 1,725.6 1,193.1 129.0 1,212.5 587.7 1,994.0 1,225.6 768.4 2,430.9 2,386.5 794.9 586.3 426.1 68.5 80.0 430.8 44.4 1,103.3 131.3 1,225.7 600.1 2,030.2 1,234.4 795.9 2,466.0 2,421.1 802.4 596.5 446.2 62.2 81.6 432.2 44.9 1,109.1 Medicaid................................................................................................................................. .................. Unemployment insurance................................................................................................................... Veterans’ benefits................................................................................................................................. . Other................................................................................................................................. ....................... Other current transfer receipts, from business (net)......................................................................... Less: Contributions for government social insurance, domestic........................................................ 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 Less: Personal current taxes.............................................................................................................. 26 1,404.0 1,498.0 1,496.4 1,552.8 1,629.0 1,668.8 1,664.6 Equals: Disposable personal income............................................................................................... 27 11,787.4 12,245.8 12,205.1 12,520.4 12,296.9 12,417.4 12,568.7 Less: Personal outlays.......................................................................................................................... 28 29 30 31 32 33 11,119.1 11,558.4 11,601.0 11,696.2 11,794.9 11,837.0 11,939.6 Personal consumption expenditures......................................................................................................... Personal interest payments4...................................................................................................................... Personal current transfer payments........................................................................................................... To government................................................................................................................................. ........... To the rest of the world (net)................................................................................................................... 10,711.8 248.0 159.4 85.3 74.1 11,149.6 248.4 160.4 88.5 71.9 11,193.6 250.7 156.7 88.8 67.9 11,285.5 247.3 163.4 89.0 74.4 11,379.2 250.4 165.3 89.4 75.9 11,427.1 244.3 165.6 89.9 75.7 11,522.8 253.6 163.3 90.7 72.6 Equals: Personal saving....................................................................................................................... 34 668.2 687.4 604.1 824.1 502.0 580.4 629.1 Personal saving as a percentage of disposable personal income........................................ 35 5.7 5.6 4.9 6.6 4.1 4.7 5.0 36 10,457.1 10,740.1 10,676.2 10,959.6 10,756.9 10,905.4 10,956.4 37 11,324.6 11,551.6 11,493.6 11,743.0 11,502.4 11,618.5 11,702.6 38 39 40 37,776 36,293 312,036 38,965 36,756 314,278 38,800 36,538 314,564 39,727 37,260 315,162 38,955 36,438 315,671 39,270 36,743 316,206 39,673 36,939 316,810 Personal income...................................................................................................................................... Compensation of employees....................................................................................................................... Wages and salaries................................................................................................................................. .. 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 2................................................................................................................................. .... Medicare 3................................................................................................................................. ............. 75.4 1,149.6 541.2 1,958.5 1,211.6 746.9 2,358.3 2,316.8 762.2 560.8 417.1 84.2 70.2 422.5 41.4 950.7 1,174.1 512.2 1,220.0 75.3 1,144.7 546.7 1,926.9 1,203.7 723.2 2,364.4 2,323.8 764.8 564.0 421.5 78.7 71.3 423.5 40.6 947.4 74.5 1,173.0 555.4 2,062.8 1,218.4 844.3 2,388.0 2,347.9 770.2 577.2 425.1 75.3 73.3 426.8 40.1 967.9 532.5 1,357.0 Addenda: Personal income excluding current transfer receipts, billions of chained (2009) dollars 5 Disposable personal income: Total, billions of chained (2009) dollars 5............................................................................................ Per capita: Current dollars................................................................................................................................. ...... Chained (2009) dollars......................................................................................................................... Population (midperiod, thousands)............................................................................................................ Percent change from preceding period: 1. 2. 3. 4. 5. Disposable personal income, current dollars........................................................................ 41 4.8 3.9 1.1 10.7 -7.0 4.0 5.0 Disposable personal income, chained (2009) dollars........................................................... 42 2.4 2.0 -0.6 9.0 -7.9 4.1 2.9 Includes actual employer contributions and actuarially imputed employer contributions to reflect benefits accrued by defined benefit pension plan participants through service to employers in the current period. 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. 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. Consists of nonmortgage interest paid by households. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures. Table 2.2B. Wages and Salaries by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2013 2012 2012 III IV I II III Wages and salaries........................................................................................................................ 1 6,638.7 6,926.8 6,904.7 7,086.6 7,040.4 7,117.6 7,163.5 Private industries.................................................................................................................................... 2 3 4 5 6 7 5,444.3 5,729.4 5,709.7 5,887.2 5,844.5 5,923.6 5,972.8 Goods-producing industries......................................................................................................................... Manufacturing................................................................................................................................. ............ Services-producing industries..................................................................................................................... Trade, transportation, and utilities......................................................................................................... Other services-producing industries 1................................................................................................. 1,102.1 707.1 4,342.2 1,046.2 3,296.0 1,154.0 735.4 4,575.4 1,093.7 3,481.7 1,146.7 732.3 4,563.0 1,090.0 3,473.0 1,167.0 740.5 4,720.3 1,114.2 3,606.1 1,173.8 742.1 4,670.7 1,115.2 3,555.5 1,187.1 745.9 4,736.4 1,123.2 3,613.2 1,197.2 749.2 4,775.5 1,132.2 3,643.3 Government............................................................................................................................................. 8 1,194.4 1,197.3 1,195.1 1,199.3 1,195.8 1,194.1 1,190.7 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. Note. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-23 Survey of Current Business Table 2.3.1. Percent Change From Preceding Period in Real Personal Consumption Expenditures by Major Type of Product [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 IV III I II III Personal consumption expenditures (PCE).................................................................... 1 2.5 2.2 1.7 1.7 2.3 1.8 1.4 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......................................................................................................... 2 3 4 5 6 7 8 9 10 11 12 3.4 6.6 4.9 5.5 10.0 5.3 1.9 1.6 3.8 -2.5 3.4 3.3 7.7 7.2 6.1 10.9 5.7 1.4 1.3 1.2 -1.4 2.7 3.7 8.3 8.3 5.6 11.5 6.9 1.6 1.6 5.2 -3.3 2.4 3.7 10.5 14.3 4.4 10.7 11.5 0.6 0.9 -1.8 -5.3 4.2 3.7 5.8 5.2 4.1 8.1 5.8 2.7 2.0 1.8 4.5 3.0 3.1 6.2 -0.9 9.0 11.7 8.6 1.6 -1.1 5.9 -0.9 3.7 4.1 7.7 5.4 12.1 11.6 0.0 2.4 2.8 -3.7 -0.8 5.6 Services............................................................................................................................................ Household consumption expenditures (for services)............................................................... Housing and utilities................................................................................................................. Health care..................................................................... .......................................................... Transportation services............................................................................................................ Recreation services................................................................................................................. Food services and accommodations..................................................................................... Financial services and insurance........................................................................................... Other services........................................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions2................................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................... 13 14 15 16 17 18 19 20 21 22 23 24 2.1 2.2 1.3 2.7 2.5 2.1 4.0 3.0 1.5 0.2 1.3 1.6 1.6 1.5 0.8 2.7 1.3 1.4 3.6 -1.3 1.7 5.3 2.9 2.2 0.7 0.6 1.3 2.3 1.0 1.1 1.3 -6.7 1.5 3.4 4.3 4.5 0.6 0.3 -2.7 2.3 -0.2 -1.7 6.5 -0.2 0.2 9.0 1.2 -1.3 1.5 2.4 4.7 1.3 2.9 2.4 2.5 5.5 -2.8 -18.1 -3.0 2.4 1.2 1.4 0.1 3.6 0.1 -0.9 0.8 4.0 -0.4 -3.9 3.4 5.7 0.0 0.0 -2.2 0.9 1.3 1.0 0.0 0.8 1.3 2.1 0.8 0.4 Addenda; PCE excluding food and energy 4............................................................................................... Energy goods and services 5...................................................................................................... Market-based PCE 6.................................................................................................................... Market-based PCE excluding food and energy 6...................................................................... 25 26 27 28 3.0 -2.3 2.7 3.1 2.5 -1.8 2.4 2.8 1.8 0.5 2.1 2.2 2.7 -12.2 2.0 3.2 1.3 18.6 2.7 1.7 2.3 -1.3 1.8 2.4 1.9 -8.7 1.2 1.8 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. 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 2011 2012 2012 2013 II I IV III III Percent change at annual rate; Personal consumption expenditures (PCE).................................................................... 1 2.5 2.2 1.7 1.7 2.3 1.8 1.4 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.......................................................................................................... 2 3 4 5 6 7 8 9 10 11 12 1.12 0.68 0.17 0.13 0.29 0.09 0.44 0.12 0.12 -0.09 0.28 1.12 0.81 0.25 0.15 0.31 0.10 0.31 0.10 0.04 -0.05 0.23 1.23 0.86 0.28 0.14 0.33 0.12 0.36 0.13 0.16 -0.12 0.20 1.24 1.09 0.49 0.11 0.31 0.19 0.15 0.07 -0.06 -0.21 0.34 1.24 0.62 0.19 0.10 0.24 0.10 0.62 0.15 0.06 0.16 0.25 1.04 0.66 -0.03 0.21 0.33 0.15 0.37 -0.08 0.18 -0.03 0.31 1.35 0.82 0.20 0.29 0.33 0.00 0.53 0.22 -0.12 -0.03 0.46 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 institutions3.................... 13 14 15 16 17 18 19 20 21 22 23 24 1.43 1.42 0.24 0.44 0.07 0.08 0.24 0.22 0.13 0.01 0.14 0.13 1.08 0.94 0.14 0.44 0.04 0.05 0.22 -0.10 0.15 0.14 0.31 0.18 0.47 0.37 0.23 0.37 0.03 0.04 0.08 -0.51 0.13 0.09 0.45 0.36 0.43 0.20 -0.50 0.38 -0.01 -0.06 0.40 -0.01 0.02 0.23 0.13 -0.10 1.01 1.53 0.84 0.21 0.08 0.09 0.16 0.39 -0.25 -0.51 -0.32 0.19 0.78 0.87 0.01 0.58 0.00 -0.03 0.05 0.29 -0.03 -0.10 0.36 0.45 0.03 -0.02 -0.41 0.15 0.04 0.04 0.00 0.06 0.11 0.05 0.08 0.03 Addenda: PCE excluding food and energy 4............................................................................................... Energy goods and services 5...................................................................................................... Market-based PCE 6.................................................................................................................... Market-based PCE excluding food and energy6...................................................................... 25 26 27 28 2.55 -0.13 2.35 2.35 2.20 -0.10 2.10 2.10 1.54 0.03 1.81 1.65 2.34 -0.73 1.74 2.40 1.14 0.96 2.39 1.27 1.97 -0.07 1.62 1.78 1.67 -0.50 1.08 1.36 Percentage points at annual rates: 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-24 December 2013 Table 2.3.3. Real Personal Consumption Expenditures by Major Type of Product, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 2013 IV III I II III Personal consumption expenditures (PCE)..................................................................... 1 104.555 106.854 107.092 107.537 108.138 108.625 108.999 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.......................................................................................................... 2 3 4 5 6 7 8 9 10 11 12 106.925 113.074 107.048 112.959 121.966 109.798 104.177 103.750 109.283 96.739 105.822 110.495 121.833 114.798 119.833 135.248 116.098 105.594 105.120 110.562 95.419 108.709 110.888 122.484 114.634 120.391 136.980 116.971 105.877 105.426 111.107 95.770 108.833 111.904 125.591 118.531 121.704 140.495 120.206 106.047 105.659 110.615 94.468 109.948 112.928 127.379 120.031 122.936 143.248 121.912 106.762 106.184 111.098 95.510 110.762 113.793 129.309 119.764 125.617 147.254 124.439 107.197 105.891 112.709 95.301 111.772 114.931 131.720 121.351 129.261 151.348 124.450 107.824 106.637 111.661 95.116 113.310 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.................... 13 14 15 16 17 18 19 20 21 22 23 24 103.411 103.510 102.521 104.050 101.593 103.403 105.614 105.148 102.469 101.044 102.555 103.059 105.090 105.039 103.328 106.820 102.863 104.889 109.403 103.764 104.208 106.380 105.550 105.299 105.252 105.175 103.959 106.988 103.134 105.165 109.305 102.665 104.350 107.182 106.107 105.774 105.421 105.256 103.239 107.592 103.070 104.714 111.036 102.607 104.397 109.528 106.415 105.438 105.818 105.884 104.438 107.932 103.820 105.333 111.713 103.983 103.650 104.186 105.610 106.058 106.125 106.244 104.455 108.882 103.841 105.084 111.925 105.004 103.551 103.168 106.491 107.539 106.136 106.234 103.865 109.124 104.172 105.334 111.913 105.215 103.889 103.697 106.695 107.639 Addenda; PCE excluding food and energy 4............................................................................................... Energy goods and services 5....................................................................................................... Market-based PCE 6..................................................................................................................... Market-based PCE excluding food and energy 6...................................................................... 25 26 27 28 105.024 98.599 104.714 105.282 107.701 96.830 107.193 108.234 107.820 98.623 107.482 108.395 108.544 95.462 108.008 109.259 108.896 99.617 108.731 109.715 109.512 99.284 109.224 110.359 110.035 97.042 109.556 110.855 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas services. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. Table 2.3.4. Price Indexes for Personal Consumption Expenditures by Major Type of Product [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2013 2012 III IV I II III Personal consumption expenditures (PCE)..................................................................... 1 104.086 106.009 106.193 106.622 106.909 106.878 107.403 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.......................................................................................................... 2 3 4 5 6 7 8 9 10 11 12 105.345 97.649 108.645 94.247 86.679 103.601 109.128 104.276 101.000 148.588 103.599 106.666 96.467 110.375 93.972 81.424 104.174 111.765 106.657 104.651 153.621 105.312 106.718 96.246 110.555 93.910 80.729 103.966 111.964 106.682 104.850 153.961 105.622 106.900 95.746 110.460 93.454 79.611 103.999 112.522 107.163 105.405 156.856 105.535 106.641 95.487 110.707 93.438 78.621 104.015 112.264 107.503 105.729 153.941 105.316 105.740 95.016 111.048 92.770 77.390 104.011 111.126 107.647 105.019 144.463 105.372 106.323 94.456 111.128 91.405 76.406 104.479 112.358 107.969 106.244 151.485 105.693 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.................... 13 14 15 16 17 18 19 20 21 22 23 24 103.463 103.628 101.683 104.399 104.730 102.808 103.887 105.966 104.250 99.642 103.784 105.211 105.689 105.980 103.616 106.286 106.750 105.622 106.842 110.057 106.415 98.932 105.479 107.736 105.939 106.259 103.789 106.596 106.744 106.022 107.197 110.786 106.480 98.532 105.686 108.155 106.493 106.809 104.507 106.946 107.100 106.421 107.601 111.701 106.996 99.156 106.234 108.676 107.060 107.422 105.162 107.560 107.780 106.904 108.194 111.682 108.083 98.674 106.816 109.630 107.477 107.747 105.996 107.392 107.295 107.016 109.074 111.508 108.625 101.281 107.447 109.598 107.972 108.235 106.500 107.799 108.199 107.654 109.437 112.438 108.762 101.924 107.973 110.085 Addenda: PCE excluding food and energy 4............................................................................................... Energy goods and services 5....................................................................................................... Market-based PCE 6..................................................................................................................... Market-based PCE excluding food and energy 6...................................................................... 25 26 27 28 102.743 127.427 104.034 102.480 104.632 129.209 105.920 104.320 104.849 129.013 106.101 104.538 105.187 131.090 106.460 104.783 105.542 129.969 106.800 105.210 105.711 125.900 106.721 105.351 106.096 129.431 107.254 105.725 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-25 Survey of Current Business Table 2.3.5. Personal Consumption Expenditures by Major Type of Product [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 I IV III II III Personal consumption expenditures (PCE).................................................... *.............. 1 10,711.8 11,149.6 11,193.6 11,285.5 11,379.2 11,427.1 11,522.8 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......................................................................................................... 2 3 4 5 6 7 8 9 10 11 12 3,602.7 1,129.9 368.7 260.1 321.1 179.9 2,472.8 833.0 338.3 408.9 892.6 3,769.7 1,202.7 401.7 275.1 334.5 191.3 2,567.0 863.3 354.6 417.0 932.1 3,784.9 1,206.5 401.8 276.2 336.1 192.4 2,578.4 866.0 357.1 419.5 935.9 3,826.1 1,230.7 415.1 277.9 339.9 197.8 2,595.4 871.8 357.4 421.6 944.7 3,851.8 1,244.8 421.3 280.7 342.3 200.6 2,607.0 878.9 360.0 418.3 949.7 3,848.5 1,257.5 421.7 284.7 346.3 204.7 2,591.0 877.6 362.8 391.7 958.9 3,908.4 1,273.4 427.6 288.7 351.5 205.7 2,635.1 886.5 363.6 409.9 975.0 Services............................................................................................................................................ Household consumption expenditures (for services)............................................................... Housing and utilities................................................................................................................. Health care................................................................................................................................ Transportation services............................................................................................................ Recreation services................................................................................................................. Food services and accommodations..................................................................................... Financial services and insurance............................................................................................ Other services........................................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2................................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................... 13 14 15 16 17 18 19 20 21 22 23 24 7,109.1 6,831.2 1,960.9 1,767.8 308.2 399.7 658.7 801.1 934.8 277.9 1,141.6 863.7 7,379.9 7,089.4 2,013.9 1,847.6 318.1 416.6 701.7 821.0 970.4 290.5 1,194.1 903.6 7,408.7 7,117.2 2,029.5 1,855.9 318.9 419.2 703.4 817.9 972.4 291.5 1,202.7 911.2 7,459.4 7,159.6 2,029.4 1,872.5 319.8 419.0 717.2 824.2 977.5 299.8 1,212.5 912.7 7,527.4 7,243.6 2,065.8 1,889.2 324.2 423.4 725.6 835.1 980.4 283.8 1,209.9 926.1 7,578.6 7,290.2 2,082.6 1,902.9 322.8 422.8 732.9 842.0 984.4 288.4 1,227.2 938.8 7,614.3 7,322.6 2,080.7 1,914.3 326.5 426.4 735.2 850.7 988.8 291.7 1,235.6 943.8 Addenda: PCE excluding food and energy 4............................................................................................... Energy goods and services 5...................................................................................................... Market-based PCE 6.................................................................................................................... Market-based PCE excluding food and energy6...................................................................... 25 26 27 28 9,251.1 627.7 9,483.6 8,023.2 9,661.2 625.1 9,884.1 8,396.3 9,691.9 635.8 9,927.5 8,426.3 9,788.4 625.3 10,009.8 8,513.2 9,853.3 647.0 10,109.1 8,583.7 9,924.9 624.6 10,147.4 8,645.6 10,008.6 627.6 10,229.1 8,715.3 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. Table 2.3.6. Real Personal Consumption Expenditures by Major Type of Product, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2013 2012 III IV I II III Personal consumption expenditures (PCE)..................................................................... 1 10,291.3 10,517,6 10,541.0 10,584.8 10,644.0 10,691.9 10,728.7 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......................................................................................................... 2 3 4 5 6 7 8 9 10 11 12 3,419.9 1,157.1 339.4 276.0 370.5 173.7 2,266.0 798.8 335.0 275.2 861.6 3,534.1 1,246.7 364.0 292.8 410.9 183.6 2,296.8 809.4 338.9 271.5 885.1 3,546.7 1,253.4 363.5 294.1 416.1 185.0 2,303.0 811.7 340.5 272.5 886.1 3,579.2 1.285.2 375.8 297.3 426.8 190.1 2,306.7 813.5 339.0 268.8 895.2 3,611.9 1,303.5 380.6 300.3 435.2 192.8 2,322.2 817.6 340.5 271.7 901.8 3,639.6 1,323.2 379.7 306.9 447.3 196.8 2,331.7 815.3 345.5 271.1 910.0 3,676.0 1,347.9 384.8 315.8 459.8 196.8 2,345.3 821.1 342.2 270.6 922.5 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 institutions3.................... Residual............................................................................................................................................. 13 14 15 16 17 18 19 20 21 22 23 24 25 6,871.1 6,592.0 1,928.4 1,693.3 294.3 388.8 634.0 756.0 896.7 278.9 1,100.0 820.9 -9.5 6,982.7 6,689.4 1,943.6 1,738.4 298.0 394.4 656.8 746.0 911.9 293.6 1,132.1 838.8 -21.0 6,993.4 6,698.0 1,955.5 1,741.1 298.8 395.4 656.2 738.1 913.2 295.8 1,138.1 842.5 -22.4 7,004.7 6,703.2 1,941.9 1,750.9 298.6 393.7 666.6 737.7 913.6 302.3 1,141.4 839.9 -26.2 7,031.1 6,743.2 1,964.5 1,756.5 300.8 396.1 670.7 747.6 907.1 287.6 1,132.7 844.8 -27.7 7,051.5 6,766.1 1,964.8 1,771.9 300.8 395.1 671.9 754.9 906.2 284.8 1,142.2 856.6 -31.9 7,052.2 6,765.5 1,953.7 1,775.9 301.8 396.1 671.9 756.4 909.2 286.2 1,144.4 857.4 -36.9 Addenda; PCE excluding food and energy4............................................................................................... Energy goods and services 5...................................................................................................... Market-based PCE 6.................................................................................................................... Market-based PCE excluding food and energy 6...................................................................... 26 27 28 29 9,004.1 492.6 9,115.8 7,829.1 9,233.5 483.8 9,331.7 8,048.6 9,243.7 492.8 9,356.9 8,060.6 9,305.9 477.0 9,402.6 8,124.8 9,336.0 497.7 9,465.6 8,158.8 9,388.8 496.1 9,508.5 8,206.6 9,433.7 484.9 9,537.4 8,243.5 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas. 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. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-26 December 2013 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 2012 2011 2013 2012 IV III II I III 2.4 1.8 1.7 1.6 1.1 -0.1 2.0 3.6 -1.0 2.8 -1.6 -6.7 3.2 5.9 4.0 1.7 25.8 1.6 1.3 -1.2 1.6 -0.3 -6.1 0.6 2.4 2.3 3.6 3.4 1.7 1.3 -2.2 -0.7 -1.2 -6.1 0.1 3.0 0.7 0.5 13.2 1.9 0.7 -2.1 -0.3 -1.9 -5.4 0.1 2.0 1.8 2.1 7.7 -0.3 -1.0 -1.1 0.9 -0.1 -4.9 0.1 -0.9 1.3 1.2 -7.2 -0.8 -3.3 -2.0 1.2 -2.8 -6.1 0.0 -4.0 0.5 -2.7 -22.4 0.2 2.2 -2.3 0.3 -5.8 -5.0 1.8 4.5 1.2 4.7 20.9 1.2 13 14 15 16 17 18 19 20 21 22 23 24 1.8 1.8 1.4 1.8 2.7 1.7 2.5 1.9 1.8 0.7 1.9 2.3 2.2 2.3 1.9 1.8 1.9 2.7 2.8 3.9 2.1 -0.7 1.6 2.4 1.9 2.0 1.8 2.1 0.0 2.8 1.7 5.4 0.1 -2.0 1.6 2.8 2.1 2.1 2.8 1.3 1.3 1.5 1.5 3.3 2.0 2.6 2.1 1.9 2.1 2.3 2.5 2.3 2.6 1.8 2.2 -0.1 4.1 -1.9 2.2 3.6 1.6 1.2 3.2 -0.6 -1.8 0.4 3.3 -0.6 2.0 11.0 2.4 -0.1 1.9 1.8 1.9 1.5 3.4 2.4 1.3 3.4 0.5 2.6 2.0 1.8 25 26 27 28 1.4 15.8 2.5 1.4 1.8 1.4 1.8 1.8 1.4 7.4 1.6 1.3 1.3 6.6 1.4 0.9 1.4 -3.4 1.3 1.6 0.6 -11.9 -0.3 0.5 1.5 11.7 2.0 1.4 Personal consumption expenditures (PCE)..................................................................... 1 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.......................................................................................................... 2 3 4 5 6 7 8 9 10 11 12 Services............................................................................................................................................. Household consumption expenditures (for services)............................................................... Housing and utilities.................................................................................................................. Health care................................................................................................................................. Transportation services............................................................................................................ Recreation services.................................................................................................................. Food services and accommodations..................................................................................... Financial services and insurance............................................................................................ Other services............................................................................................................................ Final consumption expenditures of nonprofit institutions serving households (NPISHs)1 Gross output of nonprofit institutions 2................................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3.................... Addenda; PCE excluding food and energy 4............................................................................................... Energy goods and services 5....................................................................................................... Market-based PCE 6..................................................................................................................... Market-based PCE excluding food and energy6...................................................................... 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-27 Survey of Current Business 3. Government Current Receipts and Expenditures Table 3.1. Government Current Receipts and Expenditures [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2013 2012 2012 III IV II III Current receipts................................................................................................................... Current tax receipts......................................................................................................................... Personal current taxes............................................................................................................... Taxes on production and imports.............................................................................................. Taxes on corporate income....................................................................................................... Taxes from the rest of the world................................................................................................ Contributions for government social insurance........................................................................... Income receipts on assets............................................................................................................. Interest and miscellaneous receipts......................................................................................... Dividends..................................................................................................................................... Current transfer receipts................................................................................................................. From business (net)................................................................................................................... From persons.............................................................................................................................. Current surplus of government enterprises.................................................................................. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 4,074.1 2,862.4 1,404.0 1,097.1 345.0 16.3 922.6 137.4 116.4 21.0 175.4 90.1 85.3 -23.8 4,259.2 3,041.2 1,498.0 1,122.9 402.4 17.8 955.3 131.4 107.9 23.4 159.1 70.6 88.5 -27.7 4,248.5 3,039.5 1,496.4 1,118.8 407.2 17.1 952.0 130.5 107.0 23.5 155.0 66.2 88.8 -28.5 4,320.3 3,098.2 1,552.8 1,126.3 399.2 19.9 972.6 132.6 109.3 23.3 148.7 59.7 89.0 -31.8 4,547.3 3,164.4 1,629.0 1,140.7 375.4 19.2 1,099.0 154.3 110.5 43.8 165.1 75.7 89.4 -35.5 4,832.0 3,211.8 1,668.8 1,138.8 384.7 19.4 1,108.6 380.6 111.7 268.9 170.0 80.1 89.9 -39.0 4,619.9 3,206.3 1,664.6 1,142.7 379.1 20.0 1,114.4 175.3 113.6 61.7 165.3 74.6 90.7 -41.5 Current expenditures........................................................................................................... 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 (net).............................................. Interest payments............................................................................................................................ To persons and business............................................................................................................ To the rest of the world............................................................................................................... Subsidies.......................................................................................................................................... 15 16 17 18 19 20 21 22 23 24 25 5,535.4 2,526.1 2,333.9 2,277.4 2,260.3 17.1 56.5 615.5 518.0 97.5 60.0 5,621.6 2,548.0 2,384.7 2,334.8 2,316.8 18.0 49.9 631.6 538.6 93.0 57.3 5,627.9 2,572.9 2,394.2 2,341.9 2,323.8 18.1 52.3 604.8 512.1 92.7 56.0 5,653.0 2,538.1 2,406.9 2,366.1 2,347.9 18.1 40.9 650.2 557.8 92.4 57.7 5,630.1 2,525.3 2,448.1 2,400.4 2,382.0 18.4 47.6 598.8 505.2 93.6 58.0 5,682.7 2,517.5 2,457.3 2,404.9 2,386.5 18.4 52.4 649.0 556.4 92.6 58.9 5,706.9 2,523.7 2,492.4 2,439.8 2,421.1 18.6 52.6 631.7 539.5 92.3 59.1 Net government saving...................................................................................................... Social insurance funds................................................................................................................... Other................................................................................................................................................. 26 27 28 -1,461.3 -267.6 -1,193.7 -1,362.3 -289.9 -1,072.4 -1,379.4 -295.8 -1,083.6 -1,332.7 -290.6 -1,042.1 -1,082.9 -311.8 -771.1 -850.7 -300.9 -549.8 -1,087.1 -308.2 -778.9 Total receipts............................................................................................................................. Current receipts..................................................................................................................... Capital transfer receipts........................................................................................................ 29 30 31 4,088.6 4,074.1 14.5 4,280.9 4,259.2 21.7 4,268.2 4,248.5 19.6 4,351.9 4,320.3 31.6 4,569.9 4,547.3 22.6 4,855.3 4,832.0 23.3 4,645.3 4,619.9 25.4 Total expenditures.................................................................................................................... Current expenditures.............................................................................................................. Gross government investment.............................................................................................. Capital transfer payments..................................................................................................... Net purchases of nonproduced assets................................................................................ Less: Consumption of fixed capital...................................................................................... 32 33 34 35 36 37 5,753.5 5,535.4 632.6 54.4 9.2 478.1 5,788.0 5,621.6 619.0 32.2 8.9 493.6 5,782.4 5,627.9 620.6 20.4 8.8 495.3 5,831.4 5,653.0 612.5 54.6 8.7 497.4 5,754.8 5,630.1 598.8 17.2 9.2 500.5 5,805.6 5,682.7 604.4 13.0 8.8 503.4 5,834.7 5,706.9 613.8 11.7 8.2 506.0 Net lending or net borrowing (-)........................................................................................... 38 -1,664.9 -1,507.1 -1,514.3 -1,479.5 -1,184.9 -950.3 -1,189.4 I Addenda: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-28 December 2013 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 2011 2012 2012 III Current receipts.......... Current tax receipts.............. Personal current taxes..... Taxes on production and imports.......................... Excise taxes.................. Customs duties............. Taxes on corporate income........................... Federal Reserve banks Other.............................. 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 world.... Subsidies................................ Net federal government saving Social insurance funds......... Other...................................... Seasonally adjusted at annual rates Line 2013 IV I II 1 2 3 2,516.7 1,496.1 1,077.0 2,663.0 1,636.0 1,149.2 2,656.6 1,638.6 1,147.2 2,709.0 1,679.8 1,194.0 2,900.1 1,711.0 1,252.0 3,166.9 1,742.5 1,275.7 2,971.1 1,755.8 1,292.1 4 5 6 108.6 76.7 31.9 118.0 84.5 33.5 118.2 84.4 33.7 118.0 83.8 34.2 118.8 83.5 35.4 118.6 84.5 34.1 119.2 84.5 34.8 7 8 9 294.2 75.4 218.8 351.0 88.4 262.6 356.1 85.5 270.6 347.9 77.8 270.0 321.0 61.9 259.1 328.7 73.9 254.8 324.5 74.5 250.0 10 16.3 17.8 17.1 19.9 19.2 19.4 20.0 11 12 13 14 15 16 17 18 904.3 57.4 28.5 18.8 10.1 66.1 45.9 20.1 937.8 52.9 22.2 21.1 9.6 49.7 28.7 21.0 934.6 52.2 21.7 21.2 9.4 45.6 24.6 21.1 955.3 53.3 22.2 20.9 10.2 38.4 17.7 20.7 1,081.7 74.1 23.3 41.4 9.3 53.9 33.5 20.4 1,091.2 299.6 23.4 266.6 9.6 57.4 37.1 20.3 1,096.8 93.4 23.6 59.3 10.4 51.1 30.7 20.4 19 -7.3 -13.4 -14.4 -17.8 -20.6 -23.8 -26.0 20 21 22 3,764.9 1,008.7 2,274.3 3,772.7 1,011.7 2,283.6 3,775.8 1,036.1 2,293.1 3,787.5 993.9 2,301.7 3,753.2 982.3 2,327.2 3,820.1 976.0 2,347.1 3,825.4 972.7 2,371.3 23 24 25 1,745.3 1,728.2 17.1 1,790.5 1,772.5 18.0 1,793.1 1,775.0 18.1 1,812.3 1,794.2 18.1 1,848.1 1,829.7 18.4 1,849.0 1,830.6 18.4 1,863.0 1,844.4 18.6 26 529.0 493.1 500.0 489.3 479.2 498.1 508.3 27 472.5 443.2 447.7 448.4 431.5 445.7 455.7 28 29 30 31 32 56.5 422.6 325.1 97.5 59.4 49.9 420.6 327.6 93.0 56.8 52.3 391.1 298.4 92.7 55.6 40.9 434.7 342.3 92.4 57.3 47.6 386.1 292.5 93.6 57.5 52.4 438.4 345.8 92.6 58.5 52.6 422.7 330.4 92.3 58.6 33 -1,248.3 -1,109.7 -1,119.3 -1,078.5 34 -271.8 -293.9 -299.7 -294.6 35 -976.4 -815.8 -819.6 -784.0 -853.1 -315.9 -537.1 -653.1 -305.4 -347.7 -854.2 -313.2 -541.1 Addenda: Total receipts.................. Current receipts............ Capital transfer receipts 36 37 38 2,526.3 2,516.7 9.6 2,677.1 2,663.0 14.1 2,671.2 2,656.6 14.7 2,725.1 2,709.0 16.1 2,917.7 2,900.1 17.6 3.184.8 3.166.9 17.8 2,990.7 2,971.1 19.6 Total expenditures.......... Current expenditures.... Gross government investment................ Capital transfer payments................... Net purchases of nonproduced assets Less: Consumption of fixed capital.............. 39 40 3,926.4 3,764.9 3,891.9 3,772.7 3,886.2 3,775.8 3,923,4 3,787.5 3,843.1 3,753.2 3,905.3 3,820.1 3,916.1 3,825.4 41 295.4 284.0 286.0 281.4 272.7 276.6 278.5 42 123.4 98.7 88.7 119.6 83.4 76.2 81.1 43 -0.9 -1.4 -1.4 -1.4 -0.6 -0.8 -1.1 44 256.5 262.3 262.9 263.7 265.6 266.8 267.7 -1,214.8 -1,215.0 -1,198.3 -925.4 -720.5 -925.3 Net lending or net borrowing (-)............... 45 -1,400.1 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2011 2012 III 2012 III Current receipts....................... Current tax receipts........................... Personal current taxes................... Income taxes............................. Other............................................ Taxes on production and imports Sales taxes................................. Property taxes........................... Other............................................ Taxes on corporate income........... Contributions for government social insurance......................................... Income receipts on assets................ Interest receipts.............................. Dividends........................................ Rents and royalties........................ Current transfer receipts.................... Federal grants-in-aid...................... From business (net)....................... From persons.................................. Current surplus of government enterprises...................................... 1 2 3 4 5 6 7 8 9 10 2,029.9 1,366.3 327.0 296.1 30.9 988.5 463.7 436.9 87.9 50.7 11 12 13 14 15 16 17 18 19 18.3 80.0 66.3 2.3 11.4 581.8 472.5 44.2 65.2 2,039.4 2,039.6 1,405.2 1,400.9 348.8 349.2 317.3 317.7 31.6 31.5 1,004.9 1,000.6 474.9 473.0 440.0 440.4 87.2 90.0 51.4 51.1 17.5 78.5 64.2 2.4 11.9 552.6 443.2 41.9 67.5 2013 IV 17.4 78.4 64.0 2.4 12.0 557.0 447.7 41.6 67.8 17.3 79.3 64.9 2.3 12.1 558.7 448.4 42.0 68.3 -14.1 -16.5 -14.3 21 22 2,243.0 1,517.4 2,292.1 1,536.4 23 24 25 532.0 192.9 0.5 544.3 211.0 0.5 26 27 28 -213.1 4.2 -217.3 -252.7 3.9 -256.6 Total receipts................................. Current receipts......................... Capital transfer receipts............ 29 30 31 2,103.8 2,029.9 73.9 2,113.5 2,112.8 2,140.2 2,039.4 2,039.6 2,059.7 74.1 73.2 80.5 Total expenditures....................... Current expenditures................ Gross government investment Capital transfer payments......... Net purchases of nonproduced assets..................................... Less: Consumption of fixed capital..................................... 32 33 34 35 2,368.6 2,243.0 337.2 0.0 2,405.9 2,292.1 334.9 0.0 Net lending or net borrowing (-) Net state and local government saving............. Social insurance funds....................... Other.................................................... II III 2,059.7 2,078.7 2,110.8 2,104.4 1,418.4 1,453.4 1,469.3 1,450.4 377.1 393.1 372.4 358.8 326.9 345.5 361.0 340.2 31.6 32.1 32.2 31.8 1,008.3 1,021.9 1,020.2 1,023.4 477.3 490.7 488.0 489.0 441.4 441.9 442.8 443.6 89.6 89.2 89.5 90.8 51.3 54.5 56.0 54.6 20 Current expenditures............. Consumption expenditures............... Government social benefit payments to persons....................................... Interest payments............................... Subsidies............................................. I 17.3 80.2 65.8 2.3 12.1 542.7 431.5 42.2 69.0 17.4 80.9 66.4 2.3 12.2 558.4 445.7 43.0 69.6 17.6 82.0 67.3 2.4 12.3 569.9 455.7 43.9 70.3 -15.2 -15.5 -14.0 -14.9 2,299.7 2,313.9 1,536.8 1,544.3 2,308.5 1,543.0 548.8 213.7 0.5 553.7 215.5 0.5 552.3 212.7 0.5 555.9 210.6 0.5 576.8 209.0 0.5 -260.1 3.9 -264.0 -254.2 3.9 -258.2 -229.8 4.2 -234.0 -197.6 4.5 -202.1 -232.8 5.0 -237.8 2,308.4 2,337.2 1,541.4 1,550.9 Addenda: 2,412.1 2,421.4 2,299.7 2,313.9 334.6 331.2 0.0 0.0 2,149.9 2,179.4 2,179.6 2,078.7 2,110.8 2,104.4 71.3 68.6 75.2 2,409.5 2,308.5 326.1 0.0 2,409.2 2,443.7 2,308.4 2,337.2 327.8 335.3 0.0 0.0 36 10.1 10.2 10.2 10.1 9.8 9.6 9.4 37 221.7 231.4 232.4 233.7 234.9 236.6 238.2 38 -264.8 -292.4 -299.3 -281.2 -259.6 -229.8 -264.0 December 2013 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 Seasonally adjusted at annual rates Line Government consumption expenditures and gross investment........................... Consumption expenditures ' Gross investment2............... Structures.......................... Equipment......................... Intellectual property products........................ Software........................ Research and development............. 2011 Line 2013 2012 2012 III IV I II III 2012 2013 2012 III IV I II III Percent change at annual rate; 1 2 3 4 5 -3.2 -2.7 -5.3 -8.6 -4.1 -1.0 -0.2 -4.0 -7.0 -0.2 3.5 5.3 -3.9 -9.9 3.4 -6.5 -6.8 -5.3 -5.0 -9.9 -4.2 -2.7 -10.1 -13.1 -18.0 -0.4 -1.1 2.4 -0.7 12.6 0.4 -0.7 5.2 9.1 5.5 6 7 -0.5 4.3 -2.3 3.1 0.1 0.9 -1.9 7.8 1.1 4.8 -0.3 -6.5 -0.5 0.5 8 -1.6 -3.5 -0.1 -4.3 0.2 1.4 -0.7 Federal................................................ Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................ Research and development.................. 9 10 11 12 13 14 15 -2.6 -2.3 -3.5 -10.4 -5.1 -1.0 4.2 -1.4 -0.6 -4.3 -26.8 -0.1 -2.8 2.1 8.9 11.6 -0.5 -31.3 6.5 0.0 -O.5 -13.9 -16.1 -5.5 35.4 -15.5 -2.9 7.2 -8.4 -7.0 -13.2 -56.1 -19.9 0.2 2.2 -1.6 -3.3 4.8 -7.9 15.7 -0.2 -6.7 -1.4 -2.5 2.5 5.9 7.4 -1.0 -0.2 16 -1.9 -3.7 0.1 -4.8 -0.2 1.1 -1.2 National defense.......................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................. Research and development.................. 17 18 19 20 21 22 23 -2.3 -1.4 -5.7 -21.8 -5.3 -2.5 4.0 -3.2 -2.7 -5.3 -38.6 -1.2 -4.0 0.8 12.5 16.2 -0.8 -48.0 6.7 -2.8 -0.7 -21.6 -24.9 -7.5 111.4 -19.2 -O.5 6.0 -11.2 -9.6 -17.3 -65.7 -23.0 -1.2 2.5 -0.6 -3.2 10.2 0.6 21.0 -0.3 -8.4 -0.3 -1.6 4.5 -2.7 10.2 -1.3 -1.1 24 -3.2 -4.5 -3.0 -1.2 -1.7 0.8 -1.3 Nondefense................................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................ Research and development.................. 25 26 27 28 29 30 31 -3.0 -4.0 -0.1 1.5 -3.7 0.3 4.4 1.8 3.5 -3.0 -17.3 4.9 -1.9 2.7 2.8 3.8 -0.1 -19.9 5.3 2.4 -0.5 1.0 2.2 -2.6 4.9 2.6 -4.9 7.7 -3.6 -2.4 -7.2 -49.2 -5.7 1.3 2.0 -3.1 -3.4 -2.2 -12.5 -4.3 -0.2 -6.0 -3.1 -4.0 -0.2 11.3 -4.0 -0.8 0.2 32 -0.6 -3.0 3.1 -7.9 1.1 1.4 -1.0 State and local.................................. Consumption expenditures........... Gross investment........................... Structures................................... Equipment.................................. Intellectual property products... Software................................. Research and development 33 34 35 36 37 38 39 40 -3.6 -2.9 -6.8 -8.4 -1.8 2.3 4.4 0.8 -0.7 0.0 -3.7 -4.8 -0.3 0.8 5.0 -2.1 -0.2 1.3 -6.6 -7.8 -4.2 0.5 3.7 -1.8 -1.0 -0.1 -5.2 -7.8 5.9 3.4 8.9 -0.6 -1.3 0.1 -7.5 -8.2 -12.9 6.0 9.6 3.2 0.4 0.4 0.4 -0.1 5.1 -O.8 -6.2 3.5 1.7 0.5 7.5 9.3 0.7 2.2 1.7 2.6 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, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2011 Government consumption expenditures and gross investment............................ Percentage points at annual rates; Consumption expenditures 1 Gross investment2............... Structures.......................... Equipment......................... Intellectual property products......................... Software........................ Research and development............. 1 -3.2 -1.0 3.5 -6.5 -4.2 -0.4 0.4 2 3 4 5 -2.13 -1.08 -0.85 -0.20 -0.17 -0.81 -0.66 -0.01 4.22 -0.76 -0.93 0.17 -5.53 -0.99 -0.43 -0.46 -2.19 -2.02 -1.22 -0.87 -0.85 0.45 -0.06 0.53 -0.55 0.99 0.77 0.25 6 7 -0.03 0.05 -0.14 0.04 0.01 0.01 -0.11 0.09 0.07 0.06 -0.02 -0.08 -0.03 0.01 8 -0.07 -0.17 0.00 -0.20 0.01 0.07 -0.03 Federal................................................ Consumption expenditures...... Gross investment....................... Structures............................... Equipment............................. Intellectual property products Software............................ Research and development................. 9 10 11 12 13 14 15 -1.06 -0.73 -0.33 -0.11 -0.17 -0.05 0.03 -0.59 -0.18 -0.40 -0.26 0.00 -0.14 0.02 3.54 3.58 -0.03 -0.26 0.22 0.00 0.00 -5.94 -5.48 -0.46 0.21 -0.53 -0.14 0.06 -3.47 -2.25 -1.22 -0.53 -0.70 0.01 0.02 -0.64 -1.05 0.41 -0.05 0.47 -0.01 -0.06 -0.56 -0.78 0.22 0.03 0.24 -0.05 0.00 16 -0.08 -0.16 0.01 -0.20 -0.01 0.05 -0.05 National defense.......................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment............................. Intellectual property products Software............................ Research and development................. 17 18 19 20 21 22 23 -0.61 -0.29 -0.32 -0.11 -0.15 -0.06 0.01 -0.85 -0.56 -0.29 -0.16 -0.03 -0.09 0.00 3.12 3.15 -0.03 -0.16 0.19 -0.06 0.00 -6.11 -5.74 -0.37 0.19 -0.55 -0.01 0.01 -2.92 -1.97 -0.95 -0.26 -0.66 -0.03 0.01 -0.15 -0.64 0.49 0.00 0.50 -0.01 -0.02 -0.09 -0.31 0.23 -0.01 0.26 -0.03 0.00 24 -0.07 -0.09 -0.06 -0.02 -0.03 0.02 -0.03 Nondefense................................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment............................. Intellectual property products Software............................ Research and development................. 25 26 27 28 29 30 31 -0.45 -0.44 -0.01 0.01 -0.02 0.01 0.02 0.26 0.38 -0.12 -0.09 0.03 -0.05 0.01 0.43 0.43 0.00 -0.10 0.03 0.06 0.00 0.17 0.26 -0.09 0.02 0.02 -0.13 0.04 -0.55 -0.28 -0.27 -0.27 -0.04 0.04 0.01 -0.49 -0.40 -0.08 -0.05 -0.03 0.00 -0.03 -0.47 -0.47 -0.01 0.04 -0.02 -0.02 0.00 32 -0.01 -0.07 0.07 -0.17 0.02 0.03 -0.02 State and local.................................. Consumption expenditures........... Gross investment........................... Structures................................... Equipment................................... Intellectual property products... Software.................................. Research and development 33 34 35 36 37 38 39 40 -2.15 -1.40 -0.75 -0.75 -0.02 0.02 0.02 0.00 -0.39 0.01 -0.40 -0.41 0.00 0.01 0.02 -0.01 -0.08 0.64 -0.72 -0.68 -0.05 0.01 0.02 -0.01 -0.58 -0.05 -0.53 -0.64 0.08 0.03 0.04 0.00 -0.74 0.06 -0.80 -0.69 -0.18 0.06 0.04 0.02 0.24 0.19 0.05 -0.01 0.06 -0.01 -0.03 0.02 1.00 0.23 0.77 0.74 0.01 0.02 0.01 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, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. National Data D-30 December 2013 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, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Seasonally adjusted Line 2011 2012 Government consumption expenditures and gross investment........................... Consumption expenditures 1 Gross investment2............... Structures.......................... Equipment......................... Intellectual property products........................ Software........................ Research and development............. Federal................................................ Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................ Research and development.................. 1 2 3 4 5 96.868 97.436 94.672 89.464 97.632 95.921 97.228 90.869 83.196 97.473 96.752 98.266 90.905 82.313 99.533 Line 2013 2012 III IV 95.135 96.549 89.674 81.269 96.980 I 94.117 95.882 87.308 78.474 92.297 II III 94.024 95.629 87.825 78.342 95.070 94.126 95.464 88.950 80.068 96.349 6 101.400 99.115 99.184 98.707 98.982 98.903 98.785 7 109.185 112.558 112.511 114.634 115.974 114.031 114.164 8 9 10 11 12 13 14 15 16 99.640 96.107 96.200 95.155 95.197 95.525 95.353 101.660 100.212 102.212 98.455 96.315 95.933 95.598 102.036 101.453 103.882 99.414 97.617 96.806 96.201 100.404 96.045 96.598 95.244 91.937 93.014 93.593 100.890 73.863 67.856 73.202 59.586 58.366 59.215 99.593 99.458 102.580 98.346 93.032 96.485 98.231 97.072 100.828 97.960 98.063 97.334 97.372 97.321 111.648 113.979 113.741 115.725 116.354 114.352 114.291 99.056 95.359 95.517 94.357 94.302 94.560 94.281 Government consumption expenditures and gross investment............................ Consumption expenditures 1 Gross investment2............... Structures.......................... Equipment......................... Intellectual property products......................... Software........................ Research and development............. National defense.......................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment............................. Intellectual property products Software............................ Research and development................. 17 18 19 20 21 22 23 25 26 27 28 29 30 31 33 34 35 36 37 38 39 40 24 94.926 90.647 89.976 89.698 89.321 89.497 89.194 Nondefense................................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................ Research and development.................. 25 26 27 28 29 30 31 103.230 101.618 108.036 135.858 104.102 104.745 111.627 105.068 105.146 104.788 112.290 109.244 102.747 114.631 105.440 105.577 104.983 107.914 109.964 103.528 114.414 105.708 106.164 104.292 109.222 110.685 102.227 116.556 104.740 105.513 102.369 92.227 109.083 102.559 117.146 103.910 104.594 101.809 89.190 107.900 102.514 115.360 103.104 103.534 101.770 91.609 106.806 102.317 115.410 32 103.198 100.094 101.096 99.034 99.308 99.650 99.397 Nondefense................................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment............................. Intellectual property products Software............................ Research and development................. 33 93.751 93.128 93.207 92.966 92.672 92.765 93.150 34 94.593 94.616 94.799 94.772 94.800 94.894 95.002 35 90.156 86.787 86.426 85.289 83.644 83.734 85.270 36 88.318 84.097 83.717 82.045 80.315 80.290 82.102 93.725 90.552 91.688 91.838 37 93.056 92.799 92.401 38 104.478 105.335 105.220 106.101 107.647 107.420 108.011 39 104.785 110.028 110.327 112.699 115.322 113.486 113.970 40 104.279 102.042 101.635 101.485 102.288 103.172 103.836 State and local.................................. Consumption expenditures........... Gross investment........................... Structures................................... Equipment................................... Intellectual property products... Software.................................. Research and development State and local.................................. Consumption expenditures........... Gross investment........................... Structures................................... Equipment.................................. Intellectual property products... Software................................. Research and development 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, software, and research and development). 2, Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 106.882 107.314 105.273 107.540 101.528 2013 2012 III IV I II III 106.850 107.215 105.514 107.940 101.655 107.209 107.649 105.569 108.394 101.210 107.454 107.849 106.000 109.012 101.120 107.485 107.799 106.363 109.633 101.393 107.903 108.252 106.643 110.236 101.241 8 105.490 106.097 106.256 106.155 106.767 106.784 107.011 9 10 11 12 13 14 15 17 100.802 97.562 18 102.259 99.523 19 95.622 90.571 20 76.371 46.903 98.671 97.474 21 22 96.483 92.663 23 111.692 112.539 105.560 106.164 103.272 103.671 101.102 2012 6 104.445 104.864 104.957 104.838 105.409 105.482 105.644 7 100.119 99.832 99.675 99.492 99.916 100.184 100.116 Federal................................................ Consumption expenditures....... Gross investment....................... Structures............................... Equipment............................. Intellectual property products Software............................ Research and development................. National defense.......................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................ Research and development.................. 100.446 94.506 91.731 91.592 91.512 102.995 95.892 93.502 92.746 92.378 91.346 89.580 85.413 87.509 88.471 39.747 47.925 36.679 36.734 36.480 101.080 95.848 89.786 94.172 96.487 92.026 91.918 91.638 91.578 91.275 112.251 113.888 114.605 112.122 111.813 1 2 3 4 5 2011 105.344 105.874 103.595 102.093 102.124 104.922 100.275 106.184 106.799 104.142 105.211 102.408 105.217 100.065 106.224 106.814 104.270 105.623 102.532 105.307 99.934 106.370 107.070 104.030 106.132 101.994 105.171 99.771 107.007 107.771 104.446 106.822 102.061 105.785 100.303 107.229 107.980 104.715 107.645 102.502 105.874 100.569 107.485 108.295 104.770 108.234 102.243 106.083 100.527 16 105.748 106.142 106.275 106.145 106.775 106.828 107.087 105.191 105.693 103.393 102.058 102.472 104.857 99.852 106.252 106.824 104.185 105.110 102.762 105.926 99.504 106.322 106.857 104.396 105.612 102.882 106.219 99.354 106.542 107.221 104.068 106.114 102.328 106.083 99.158 107.283 108.061 104.433 106.694 102.391 106.790 99.610 107.512 108.243 104.839 107.550 102.940 106.981 99.885 107.757 108.545 104.872 108.107 102.687 107.319 99.794 24 105.429 106.678 107.027 106.900 107.640 107.820 108.214 105.624 106.215 103.924 102.105 100.491 104.995 100.468 106.077 106.755 104.128 105.269 100.744 104.650 100.320 106.065 106.734 104.141 105.629 100.886 104.575 100.198 106.081 106.795 104.023 106.142 100.413 104.440 100.050 106.549 107.257 104.507 106.898 100.499 104.978 100.617 106.760 107.511 104.589 107.702 100.490 104.984 100.880 107.034 107.848 104.676 108.310 100.207 105.088 100.859 32 106.078 105.683 105.619 105.488 106.017 105.953 106.091 105.710 106.352 103.029 103.849 98.547 101.951 99.824 103.506 107.371 107.652 106.294 107.793 99.326 102.994 99.393 105.685 107.288 107.477 106.631 108.192 99.462 103.099 99.187 106.035 107.798 108.029 106.945 108.642 99.247 103.061 98.967 106.145 107.775 107.907 107.388 109.254 98.776 103.426 99.195 106.624 107.676 107.693 107.834 109.860 98.643 103.420 99.466 106.388 108.205 108.233 108.307 110.465 98.752 103.364 99.351 106.380 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, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. December 2013 D-31 Survey of Current Business Table 3.9.5. Government Consumption Expenditures and Gross Investment Table 3.9.6. Real Government Consumption Expenditures and Gross Investment, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Government consumption expenditures and gross investment........................... Consumption expenditures 1 Gross investment2............... Structures.......................... Equipment......................... Intellectual property products........................ Software........................ Research and development............. 1 2 3 4 5 6 7 3,158,7 3,167.0 2,526.1 2,548.0 632.6 619.0 285.3 295.8 146.3 146.7 190.5 37.2 186.9 38.3 Seasonally adjusted at annual rates Line 2013 IV I II 3,193.5 3,150.7 3,124.1 3,121.9 3,137.4 2,572.9 2,538.1 2,525.3 2,517.5 2,523.7 612.5 604.4 620.6 598.8 613.8 283.4 281.5 281.0 272.8 273.9 150.0 145.5 138.3 142.9 144.6 187.2 38.2 186.1 38.8 187.6 39.5 187.6 38.9 187.7 38.9 8 153.2 148.7 149.0 147.3 148.2 148.7 148.8 Federal................................................ Consumption expenditures....... Gross investment....................... Structures.............................. Equipment............................. Intellectual property products Software............................ Research and development................. 9 10 11 12 13 14 15 1,304.1 1,008.7 295.4 30.0 105.5 159.9 24.4 1,295.7 1,011.7 284.0 22.7 105.6 155.8 24.9 1,322.1 1,036.1 286.0 20.9 109.1 156.1 24.8 1,275.2 993.9 281.4 22.6 104.0 154.7 25.2 1,255.0 982.3 272.7 18.6 98.5 155.7 25.5 1,252.6 976.0 276.6 18.3 102.6 155.7 25.1 1,251.2 972.7 278.5 18.7 104.2 155.6 25.1 16 135.4 130.9 131.2 129.5 130.2 130.6 130.5 National defense.......................... Consumption expenditures...... Gross investment....................... Structures.............................. Equipment............................. Intellectual property products Software............................ Research and development.................. 17 18 19 20 21 22 23 835.8 662.8 173.0 13.4 87.0 72.7 7.6 817.1 652.0 165.1 8.4 86.2 70.5 7.7 841.9 675.0 166.9 7.2 89.5 70.2 7.6 793.7 630.6 163.1 8.7 84.4 70.0 7.7 775.8 619.7 156.1 6.7 79.1 70.3 7.8 776.3 615.7 160.5 6.8 83.4 70.4 7.7 777.3 615.0 162.4 6.8 85.2 70.4 7.6 24 65.0 62.9 62.6 62.3 62.5 62.7 62.7 Nondefense................................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................ Research and development.................. 25 26 27 28 29 30 31 468.2 345.8 122.4 16.7 18.5 87.2 16.8 478.6 359.7 118.9 14.2 19.5 85.3 17.2 480.2 361.1 119.2 13.7 19.6 85.8 17.2 481.5 363.3 118.2 13.9 19.7 84.7 17.5 479.2 362.6 116.6 11.8 19.4 85.4 17.7 476.3 360.3 116.1 11.5 19.2 85.3 17.5 473.9 357.8 116.1 11.9 18.9 85.3 17.5 32 70.4 68.0 68.6 67.2 67.7 67.9 67.8 State and local.................................. Consumption expenditures........... Gross investment........................... Structures................................... Equipment.................................. Intellectual property products... Software................................. Research and development 33 34 35 36 37 38 39 40 1,854.7 1,517.4 337.2 265.8 40.9 30.6 12.8 17.8 1.871.3 1.536.4 334.9 262.7 41.1 31.2 13.4 17.8 1,871.4 1,875.4 1,536.8 1,544.3 334.6 331.2 262.5 258.3 40.9 41.4 31.4 31.2 13.4 13.6 17.8 17.8 1,869.1 1,543.0 326.1 254.3 39.8 32.0 14.0 18.0 1.869.3 1.541.4 327.8 255.6 40.3 31.9 13.8 18.1 1,886.2 1,550.9 335.3 262.8 40.4 32.1 13.8 18.2 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, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2011 2012 III 2012 III Government consumption expenditures and gross investment............................ Consumption expenditures1 Gross investment2............... Structures.......................... Equipment......................... Intellectual property products......................... Software........................ Research and development............. 1 2 3 4 5 2.992.3 2.379.4 612.6 285.3 144.8 6 7 182.4 37.2 2,963.1 2,988.8 2,374.4 2,399.7 588.0 588.2 265.3 262.5 144.5 147.6 178.3 38.3 178.4 38.3 2013 IV I II III 2.938.8 2.357.8 580.2 259.2 143.8 2.907.4 2.341.5 564.9 250.3 136.8 2,904.5 2,335.3 568.3 249.9 141.0 2,907.6 2,331.3 575.5 255.4 142.9 177.5 39.0 178.0 39.5 177.9 38.8 177.7 38.9 8 145.3 140.1 140.2 138.7 138.8 139.3 139.0 Federal................................................ Consumption expenditures....... Gross investment....................... Structures............................... Equipment............................. Intellectual property products Software............................ Research and development.................. 9 10 11 12 13 14 15 1,237.9 952.7 285.1 29.4 103.3 152.4 24.4 1,220.3 947.3 272.8 21.5 103.2 148.0 24.9 1,244.6 970.0 274.3 19.8 106.4 148.2 24.8 1,198.9 928.2 270.5 21.3 102.0 147.1 25.3 1,172.8 911.5 261.1 17.4 96.5 147.1 25.4 1,168.2 903.9 264.1 17.0 100.1 147.1 25.0 1,164.1 898.2 265.8 17.3 101.9 146.7 25.0 16 128.1 123.3 123.5 122.0 121.9 122.3 121.9 National defense.......................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................ Research and development.................. 17 18 19 20 21 22 23 794.6 627.1 167.3 13.1 84.9 69.3 7.6 769.1 610.4 158.5 8.0 83.9 66.6 7.7 791.8 631.7 159.8 6.8 87.0 66.1 7.7 745.0 588.1 156.8 8.2 82.5 66.0 7.8 723.1 573.4 149.5 6.3 77.2 65.8 7.8 722.0 568.8 153.1 6.3 81.0 65.8 7.7 721.4 566.5 154.8 6.2 83.0 65.6 7.6 24 61.7 58.9 58.5 58.3 58.1 58.2 58.0 Nondefense................................... Consumption expenditures....... Gross investment....................... Structures............................... Equipment.............................. Intellectual property products Software............................ Research and development.................. 25 26 27 28 29 30 31 443.3 325.6 117.8 16.3 18.4 83.1 16.7 451.2 336.9 114.2 13.5 19.3 81.5 17.2 452.8 338.3 114.4 13.0 19.5 82.1 17.2 453.9 340.2 113.7 13.1 19.6 81.1 17.5 449.8 338.1 111.6 11.1 19.3 81.3 17.6 446.2 335.1 111.0 10.7 19.1 81.3 17.3 442.7 331.7 110.9 11.0 18.9 81.1 17.3 32 66.3 64.4 65.0 63.7 63.8 64.1 63.9 State and local.................................. Consumption expenditures........... Gross investment........................... Structures................................... Equipment................................... Intellectual property products... Software.................................. Research and development Residual............................................... 33 34 35 36 37 38 39 40 41 1,754.5 1,426.8 327.3 255.9 41.5 30.0 12.8 17.2 0.4 1,742.8 1,427.1 315.1 243.7 41.3 30.3 13.5 16.8 0.5 1,744.3 1,429.9 313.8 242.6 41.2 30.2 13.5 16.8 0.1 1,739.8 1,429.5 309.6 237.7 41.8 30.5 13.8 16.7 0.3 1,734.3 1,429.9 303.7 232.7 40.3 30.9 14.1 16.9 0.8 1,736.0 1,431.3 304.0 232.7 40.8 30.9 13.9 17.0 0.5 1,743.2 1,433.0 309.6 237.9 40.9 31.0 13.9 17.1 0.7 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, software, and research and development). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D-32 December 2013 Table 3.10.1. Percent Change From Preceding Period in Real Government Consumption Expenditures and General Government Gross Output [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 Government consumption expenditures 1......................................................................... Gross output of general government................................................................................... Value added..”........... ”........................................................................................................ 2013 IV III I III II 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.......................................................................................... Less: Sales to other sectors 5............................................................................................... 1 2 3 4 5 6 7 8 9 10 11 -2.7 -1.9 -0.4 -1.0 2.0 -4.7 -4.6 -3.6 -5.2 -1.4 3.1 -0.2 -0.2 0.0 -0.4 1.4 -0.5 -1.1 0.4 -0.9 -3.0 0.5 5.3 4.2 0.6 0.5 1.2 11.6 10.8 0.1 17.4 -2.5 -0.8 -6.8 -5.8 -0.4 -0.9 1.1 -15.5 -6.1 2.3 -23.7 -4.2 -0.2 -2.7 -1.9 -0.3 -0.7 1.0 -4.8 -22.0 -0.6 -4.8 -1.1 3.1 -1.1 -0.7 -0.2 -0.5 1.0 -1.6 8.2 -5.3 -0.8 0.9 1.3 -0.7 -0.3 -1.1 -1.7 1.1 1.4 -2.4 0.1 2.4 2.0 1.8 Federal consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... 12 13 14 15 16 17 18 19 20 21 22 -2.3 -2.0 1.0 0.2 2.4 -6.7 -5.3 -4.0 -7.5 0.5 16.0 -0.6 -1.1 -0.1 -1.0 1.5 -2.8 -1.8 -2.4 -3.1 -5.3 -30.2 11.6 10.3 -O.6 -1.7 1.3 31.0 17.0 -4.3 42.2 -2.7 -53.6 -16.1 -15.8 -0.6 -1.7 1.1 -36.4 -8.0 10.6 -46.9 -4.5 -17.4 -7.0 -6.3 -1.2 -2.6 1.0 -15.0 -31.4 -8.5 -13.1 -0.7 75.7 -3.3 -3.5 -1.6 -3.2 0.9 -7.1 12.3 -30.5 -4.2 -0.8 -34.0 -2.5 -2.4 -4.5 -7.9 1.0 1.8 -4.3 -6.7 4.8 -1.8 6.7 Defense consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... 23 24 25 26 27 28 29 30 31 32 33 -1.4 -1.3 1.4 1.0 2.1 -5.0 -5.3 3.1 -6.1 2.0 5.3 -2.7 -2.7 -0.9 -1.9 0.9 -5.5 -2.3 -7.1 -6.0 -5.2 -1.9 16.2 15.4 -0.8 -1.7 0.6 44.5 17.9 -9.8 62.2 -3.5 -1.2 -24.9 -24.2 -1.8 -3.2 0.4 -49.1 -8.9 14.9 -61.1 -4.2 -4.5 -9.6 -9.3 -2.0 -3.5 0.2 -20.5 -33.5 -22.7 -16.4 0.1 -5.5 -3.2 -3.2 -1.2 -2.2 0.2 -6.6 14.0 -43.6 -3.4 -0.5 -17.0 -1.6 -1.5 -6.4 -10.6 0.2 7.7 -4.1 -4.5 12.9 -1.9 7.5 Nondefense consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... 34 35 36 37 38 39 40 41 42 43 44 45 46 -4.0 -3.4 0.3 -1.1 2.9 -10.7 -5.4 3.5 2.0 1.2 0.5 2.6 3.5 4.3 3.8 1.5 -0.2 -1.7 2.4 5.3 6.4 2.2 1.5 1.2 0.5 2.4 2.3 3.5 -2.4 -1.0 0.1 -1.2 2.3 -3.2 -4.6 -3.4 -4.1 -2.2 -4.7 2.2 -8.0 -4.7 -4.0 -3.8 -1.4 -3.7 2.5 -8.6 -6.0 -11.7 -10.7 -1.4 21.5 3.3 3.5 -5.3 -42.3 -1.4 6.3 -1.6 -72.6 4.7 1.1 -5.0 -26.9 10.3 -6.8 -1.7 180.4 -15.6 -5.5 -1.1 -43.7 -9.3 -8.7 -1.7 6.0 State and local consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... Tuition and related educational charges.............................................................................. Health and hospital charges.................................................................................................. Other sales 5...’.............. .......................................................................................................... 47 48 49 50 51 52 53 54 55 56 57 58 59 60 -2.9 -1.8 -1.0 -1.4 1.5 -3.4 -3.2 -3.5 -3.4 -3.3 2.8 3.1 3.2 1.9 0.0 0.3 0.0 -0.2 1.3 0.9 0.2 1.1 0.9 -0.7 1.4 2.0 1.7 0.6 1.3 1.2 1.2 1.3 1.2 1.0 -0.6 1.2 0.9 -2.3 0.9 1.5 0.7 0.6 -O.1 -0.1 -O.3 -0.6 1.2 0.3 -2.2 0.4 0.4 -3.8 0.1 -0.1 1.0 -0.9 0.1 0.5 0.1 -0.1 1.1 1.3 0.3 1.4 1.4 -1.6 2.0 1.6 1.6 2.8 0.4 0.8 0.5 0.4 1.1 1.5 0.8 1.5 1.6 2.6 2.2 2.0 2.0 2.5 0.5 0.8 0.6 0.6 1.1 1.2 1 4 1.6 09 5.8 1.7 2.0 2.0 1.0 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, software, and research and development). 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, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-33 Survey of Current Business Table 3.10.3. Real Government Consumption Expenditures and General Government Gross Output, Quantity Indexes [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III 2013 IV I II III Government consumption expenditures 1......................................................................... Gross output of general government.................................................................................. Value added........................................................................................................................ Compensation of general government employees.................................................... Consumption of general government fixed capital2................................................. Intermediate goods and services purchased3.............................................................. Durable goods................................................................................................................ Nondurable goods.......................................................................................................... Services.......................................................................................................................... Less: Own-account investment4.......................................................................................... Less: Sales to other sectors5............................................................................................... 1 2 3 4 5 6 7 8 9 10 11 97.436 98.468 100.241 99.135 104.618 95.099 96.077 93.120 95.782 96.302 105.540 97.228 98.289 100.233 98.748 106.103 94.600 94.979 93.496 94.932 93.382 106.044 98.266 99.168 100.321 98.815 106.276 96.940 96.825 93.352 98.506 93.241 106.100 96.549 97.689 100.209 98.599 106.577 92.939 95.305 93.888 92.072 92.247 106.039 95.882 97.230 100.124 98.422 106.852 91.794 89.568 93.744 90.951 91.985 106.856 95.629 97.068 100.071 98.287 107.121 91.429 91.343 92.479 90.777 92.192 107.190 95.464 97.003 99.802 97.876 107.410 91.743 90.801 92.503 91.320 92.642 107.661 Federal consumption 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.............................................................................................. Less: Sales to other sectors...................................................................................................... 12 13 14 15 16 17 18 19 20 21 22 102.036 102.219 104.444 103.824 105.491 98.668 97.596 96.539 99.236 100.254 127.570 101.453 101.095 104.379 102.776 107.077 95.873 95.856 94.212 96.162 94.988 89.074 103.882 103.352 104.295 102.535 107.256 101.807 98.488 92.523 104.295 94.590 84.151 99.414 99.009 104.126 102.086 107.557 90.913 96.463 94.876 89.040 93.496 80.228 97.617 97.410 103.807 101.419 107.824 87.306 87.777 92.798 85.968 93.337 92.363 96.806 96.538 103.390 100.605 108.074 85.719 90.360 84.730 85.060 93.156 83.242 96.201 95.959 102.204 98.555 108.354 86.096 89.383 83.283 86.053 92.736 84.594 Defense consumption expenditures '..................................................................................... 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.............................................................................................. Less: Sales to other sectors...................................................................................................... 23 24 25 26 27 28 29 30 31 32 33 102.259 102.230 104.670 104.278 105.303 98.806 97.061 99.388 98.983 101.997 98.808 99.523 99.420 103.769 102.245 106.218 93.355 94.846 92.299 93.073 96.694 96.910 102.995 102.749 103.678 102.041 106.309 101.415 97.599 88.716 104.235 96.106 97.018 95.892 95.867 103.219 101.227 106.419 85.645 95.349 91.857 82.313 95.078 95.896 93.502 93.556 102.690 100.332 106.479 80.869 86.111 86.143 78.709 95.103 94.556 92.746 92.799 102.370 99.785 106.528 79.504 88.983 74.663 78.034 94.982 90.243 92.378 92.440 100.689 97.040 106.574 80.986 88.057 73.799 80.433 94.534 91.900 Nondefense consumption expenditures '............................................................................... 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.............................................................................................. Less: Sales to other sectors...................................................................................................... 34 35 36 37 38 39 40 41 42 43 44 45 46 101.618 102.203 104.082 103.129 105.814 98.333 104.601 105.146 104.213 105.366 103.601 108.566 101.816 109.109 105.577 104.471 105.292 103.302 108.899 102.744 110.132 106.164 104.871 105.595 103.420 109.535 103.342 111.091 105.513 104.604 105.617 103.108 110.161 102.495 109.794 104.594 103.518 105.041 101.879 110.766 100.387 108.494 103.534 102.527 104.666 100.917 111.456 98.160 106.842 93.283 99.862 98.048 146.654 96.349 103.399 92.829 84.563 96.721 104.471 92.673 76.366 97.835 104.767 91.497 70.612 100.263 102.934 91.102 91.378 96.087 101.483 90.845 79.149 93.781 99.192 90.458 80.313 State and local consumption 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.............................................................................................. Less: Sales to other sectors...................................................................................................... Tuition and related educational charges............................................................................. Health and hospital charges................................................................................................. Other sales 5........................................................................................................................... 47 48 49 50 51 52 53 54 55 56 57 58 59 60 94.593 96.554 98.291 97.585 103.375 92.901 93.091 92.300 93.249 92.473 104.977 105.436 105.446 104.032 94.616 96.853 98.309 97.418 104.717 93.770 93.256 93.320 94.059 91.830 106.491 107.559 107.289 104.682 94.799 97.035 98.477 97.587 104.881 93.978 93.555 93.545 94.250 91.935 106.674 107.888 107.372 104.898 94.772 97.004 98.392 97.448 105.183 94.056 93.028 93.649 94.349 91.038 106.712 107.866 107.636 104.670 94.800 97.123 98.415 97.433 105.470 94.367 93.093 93.967 94.672 90.676 107.238 108.298 108.067 105.396 94.894 97.321 98.532 97.525 105.764 94.725 93.268 94.324 95.042 91.259 107.814 108.839 108.607 106.045 95.002 97.519 98.691 97.663 106.066 95.002 93.589 94.698 95.251 92.553 108.263 109.383 109.150 106.298 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, software, and research and development). 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, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-34 December 2013 Table 3.10.4. Price Indexes for Government Consumption Expenditures and General Government Gross Output [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III 2013 IV I II III Government consumption 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.......................................................................................... Less: Sales to other sectors 5............................................................................................... 1 2 3 4 5 6 7 8 9 10 11 106.164 106.106 104.716 105.119 103.155 108.873 100.708 122.650 104.382 104.692 105.992 107.314 107.504 105.841 106.086 104.855 110.828 101.578 125.071 106.278 106.070 108.861 107.215 107.478 105.770 105.946 105.034 110.892 101.562 124.808 106.484 106.166 109.248 107.649 107.936 106.130 106.377 105.137 111.555 101.720 126.197 106.916 106.376 109.894 107.849 108.245 106.321 106.567 105.333 112.110 101.828 126.629 107.576 106.746 110.828 107.799 108.232 106.495 106.710 105.617 111.699 102.118 123.827 108.079 106.843 111.008 108.252 108.681 106.796 107.031 105.844 112.462 102.105 125.971 108.362 107.065 111.471 Federal consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... 12 13 14 15 16 17 18 19 20 21 22 105.874 105.871 105.161 106.001 103.773 107.046 100.774 121.948 105.487 105.346 106.980 106.799 106.802 105.770 106.521 104.524 108.534 101.604 124.488 106.902 106.162 108.803 106.814 106.820 105.819 106.541 104.620 108.495 101.681 123.667 106.987 106.225 108.985 107.070 107.069 105.958 106.766 104.626 108.937 101.628 125.581 107.254 106.312 109.195 107.771 107.765 106.687 107.655 105.104 109.570 101.999 126.503 107.880 106.851 109.961 107.980 107.976 107.059 108.114 105.340 109.468 102.504 123.034 108.313 107.181 109.874 108.295 108.289 107.356 108.558 105.416 109.813 102.480 124.559 108.512 107.445 110.248 Defense consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... 23 24 25 26 27 28 29 30 31 32 33 105.693 105.678 104.672 105.301 103.676 107.147 100.775 137.066 104.999 105.454 104.325 106.824 106.808 105.698 106.245 104.826 108.438 101.689 138.415 106.374 106.432 106.042 106.857 106.844 105.809 106.328 104.980 108.354 101.773 136.442 106.487 106.520 106.193 107.221 107.199 106.037 106.653 105.061 108.913 101.765 140.332 106.775 106.634 106.447 108.061 108.031 106.992 107.933 105.528 109.527 102.167 141.641 107.350 107.233 107.176 108.243 108.218 107.372 108.351 105.854 109.361 102 726 135.032 107.829 107.542 107.395 108.545 108.517 107.626 108.738 105.912 109.742 102 735 137.633 108.044 107.747 107.866 Nondefense consumption 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.................... .”........................................................................................................ 106.215 106.228 105.953 107.093 103.943 106.815 100.767 106.755 106.796 105.889 106.950 104.013 108.751 100.612 106.734 106.779 105.838 106.872 104.009 108.805 100.608 106.795 106.840 105.837 106.944 103.887 108.999 100.049 107.257 107.306 106.207 107.238 104.383 109.668 100.085 107.511 107.556 106.565 107.761 104.471 109.687 100.020 107.848 107.893 106 931 108.288 104.576 109.962 99 639 Less: Own-account investment4.............................................................................................. Less: Sales to other sectors....................................................................................................... 34 35 36 37 38 39 40 41 42 43 44 45 46 108.347 106.603 105.203 108.140 111.990 108.110 105.805 110.025 112.171 108.128 105.834 110.265 112.343 108.353 105.887 110.478 112.932 109.076 106.346 111.265 111 916 109.425 106.704 110.959 112 672 109.595 107.045 111.258 State and local consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... Tuition and related educational charges.............................................................................. Health and hospital charges.................................................................................................. Other sales 5............................................................................................................................ 47 48 49 50 51 52 53 54 55 56 57 58 59 60 106.352 106.231 104.502 104.818 102.282 110.072 100.571 122.827 103.507 104.034 105.956 110.492 104.785 104.625 107.652 107.879 105.881 105.941 105.346 112.326 101.525 125.218 105.772 105.986 108.852 115.847 107.171 106.615 107.477 107.830 105.751 105.746 105.646 112.457 101.318 125.088 106.072 106.115 109.245 116.436 107.628 106.786 108.029 108.400 106.218 106.247 105.887 113.259 101.909 126.352 106.628 106.446 109.900 117.481 108.075 107.474 107.907 108.509 106.147 106.197 105.678 113.771 101.507 126.666 107.312 106.650 110.838 119.287 109.065 107.767 107.693 108.382 106.224 106.233 106.031 113.186 101.392 124.017 107.861 106.516 111.024 120.579 108.731 107.945 108.233 108.899 106.527 106.513 106.475 114.182 101.399 126.293 108.199 106.698 111.489 121.131 109.165 108.394 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, software, and research and development). 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, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-35 Survey of Current Business Table 3.10.5. Government Consumption Expenditures and General Government Gross Output [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Government consumption 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......................................................................................... Less: Sales to other sectors 5............................................................................................... Federal consumption 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............................................................................................. Less: Sales to other sectors...................................................................................................... Defense consumption 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.............................................................................................. Less: Sales to other sectors...................................................................................................... Nondefense consumption 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.............................................................................................. Less: Sales to other sectors...................................................................................................... State and local consumption 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............................................................................................. Less: Sales to other sectors...................................................................................................... Tuition and related educational charges............................................................................. Health and hospital charges................................................................................................. Other sales 5...'.............. ”....................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 2,526.1 3^021.6 12 13 14 15 16 17 18 19 20 21 22 2,548.0 3,055.8 2^023.7 2,572.9 3^082.4 2^024.2 1,589.6 434.2 1,032.0 71.8 307.4 652 8 70.3 437.4 1,588.6 435.6 1,058.2 73.2 306.3 6787 70.3 439.2 1,008.7 <058.5 1,011.7 <056.0 663.0 413.2 249.7 395.5 48.5 59.9 287.1 36.8 13.0 666.4 411.1 255.3 389.6 48.0 59.7 281.9 35.1 9.2 23 24 25 26 27 28 29 30 31 32 33 662.8 687.7 409.2 251.2 157.9 278.5 44.8 33.3 200.4 20.9 3.9 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 2013 IV I II III 2,538.1 3^049.4 2'028.8 <591.5 2,525.3 3^043.7 2'030.7 <591.5 2,517.5 3^038.3 2’033.0 <591.4 2,523.7 3^048.9 2^033.2 <589.6 437.3 1,020.6 72 1 311.5 637 0 69.7 441.6 439.2 1,0130 67 8 312.1 633 1 69.7 448.7 441.5 1,005.3 69 4 301.1 634 8 69.9 450.9 443.7 1,015.6 69 0 306.4 640 3 70.4 454.8 1,036.1 1,079.8 666.2 410.2 256.0 413.6 49.4 58.2 306.0 35.0 8.7 993.9 1,036.8 666.0 409.3 256.7 370.9 48.3 60.6 261.9 34.6 8.4 982.3 1,026.7 668.5 410.0 258.5 358.2 44.1 59.7 254.4 34.7 9.7 976.0 1,019.5 668.1 408.4 259.7 351.4 45.7 53.0 252.7 34.8 8.7 972.7 1,016.4 662.3 401.7 260.6 354.0 45.2 52.8 256.1 34.7 8.9 652.0 675.9 409.6 248.6 161.1 266.3 44.2 31.2 190.9 20.0 3.9 675.0 698.8 409.7 248.3 161.4 289.1 45 5 29.6 214.1 19.9 3.9 630.6 654.2 408.7 247.0 161.7 245.5 44.4 31.5 169.5 19.7 3.9 619.7 643.4 410.3 247.8 162.5 233.1 40 3 29.8 163.0 19.8 3.8 615.7 639.3 410.5 247.4 163.1 228.8 41 9 24.6 162.3 19.9 3.7 615.0 638.6 404.7 241.4 163.3 233.9 41 4 24.8 167.6 19.8 3.8 345.8 370.8 253.8 162.0 91.8 116.9 3.7 26.6 0.0 26.6 86.7 15.9 9.1 359.7 380.1 256.8 162.5 94.3 123.3 3.8 28.4 0.1 28.4 91.0 15.1 5.3 361.1 381.0 256.5 161.9 94.6 124.5 3.9 28.6 0.1 28.5 92.0 15.1 4.8 363.3 382.6 257.2 162.2 95.0 125.4 39 29.1 0.2 28.9 92.4 14.9 4.5 362.6 383.3 258.2 162.2 96.0 125.1 3.8 29.9 0.1 29.8 91.4 14.9 5.8 360.3 380.2 257.7 161.0 96.6 122.6 3.8 28.4 0.1 28.3 90.4 14.9 5.0 357.8 377.8 257.6 160.3 97.3 120.2 3.7 27.9 0.2 27.8 88.5 14.9 5.1 1,517.4 1,963.1 1,339.4 1,168.0 171.4 623.7 23.5 240.4 359.8 34.8 410.9 92.2 184.5 134.2 1,536.4 1,999.7 <357.3 1,536.8 2,002.6 1'358.0 1,544.3 2,012.5 1'362.8 1,541.4 2,018.7 <364.8 1,550.9 2,032.5 <370.9 1,1785 178.8 642.4 23.7 247.8 370.9 35.2 428.2 98.7 192.0 137.6 1,178.4 179.6 644.6 23.8 248.1 372.7 35.3 430.5 99.5 192.9 138.1 1,1822 180.6 649.7 23.8 250.9 375.0 35.0 433.2 100.3 194.2 138.7 1,543.0 2,017.0 1,362.2 1,181 5 180.7 654.8 23.7 252.4 378.7 35.0 439.1 102.3 196.8 140.0 1,183.0 181.8 653.9 23.7 248.1 382.1 35.1 442.2 103.9 197.2 141.1 1 187 8 183.1 661.6 23.8 253.6 384.2 35.7 445.9 104.9 198.9 142.0 2,002.4 1,581.2 421.2 1,019.2 72.0 300.3 646 9 71.6 423.9 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, software, and research and development). 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, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-36 December 2013 Table 3.10.6. Real Government Consumption Expenditures and General Government Gross Output, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2013 2012 2012 III IV III II I Government consumption expenditures 1......................................................................... Gross output of general government................................................................................... Value added........................................................................................................................ Compensation of general government employees.................................................... Consumption of general government fixed capital2................................................. Intermediate goods and services purchased3.............................................................. Durable goods................................................................................................................. Nondurable goods.......................................................................................................... Services........................................................................................................................... Less: Own-account investment4.......................................................................................... Less: Sales to other sectors 5............................................................................................... 1 2 3 4 5 6 7 8 9 10 11 2,379.4 2,847.7 1,912.2 1,504.2 408.3 936.1 71.5 244.8 619.8 68.4 399.9 2,374.4 2,842.5 1,912.1 1,498.4 414.1 931.2 70.7 245.8 614.3 66.3 401.8 2,399.7 2,867.9 1,913.7 1,499.4 414.7 954.2 72.0 245.4 637.4 66.2 402.0 2,357.8 2,825.1 1,911.6 1,496.1 415.9 914.8 70.9 246.8 595.7 65.5 401.8 2,341.5 2,811.9 1,910.0 1,493.4 417.0 903.6 66.6 246.5 588.5 65.3 404.9 2,335.3 2,807.2 1,909.0 1,491.4 418.0 900.0 67.9 243.1 587.4 65.4 406.2 2,331.3 2,805.3 1,903.8 1,485.1 419.2 903.1 67.5 243.2 590.9 65.8 407.9 Federal consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... 12 13 14 15 16 17 18 19 20 21 22 952.7 999.8 630.5 389.8 240.7 369.4 48.1 49.1 272.2 34.9 12.2 947.3 988.8 630.1 385.9 244.3 359.0 47.3 47.9 263.7 33.1 8.5 970.0 1,010.8 629.6 385.0 244.7 381.2 48.6 47.1 286.0 32.9 8.0 928.2 968.4 628.5 383.3 245.4 340.4 47.6 48.3 244.2 32.6 7.6 911.5 952.7 626.6 380.8 246.0 326.9 43.3 47.2 235.8 32.5 8.8 903.9 944.2 624.1 377.8 246.6 321.0 44.6 43.1 233.3 32.4 7.9 898.2 938.5 616.9 370.1 247.2 322.4 44.1 42.4 236.0 32.3 8.1 Defense consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... 23 24 25 26 27 28 29 30 31 32 33 627.1 650.7 390.9 238.6 152.3 260.0 44.5 24.3 190.9 19.8 3.8 610.4 632.9 387.5 233.9 153.6 245.6 43.4 22.6 179.5 18.8 3.7 631.7 654.0 387.2 233.5 153.8 266.8 44.7 21.7 201.0 18.7 3.7 588.1 610.2 385.5 231.6 153.9 225.3 43.7 22.5 158.7 18.5 3.6 573.4 595.5 383.5 229.6 154.0 212.8 39.4 21.1 151.8 18.5 3.6 568.8 590.7 382.3 228.3 154.1 209.2 40.8 18.3 150.5 18.5 3.4 566.5 588.4 376.0 222.0 154.2 213.1 40.3 18.0 155.1 18.4 3.5 Nondefense consumption 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.............................................................................................. Less: Sales to other sectors....................................................................................................... 34 35 36 37 38 39 40 41 42 43 44 45 46 325.6 349.0 239.6 151.3 88.3 109.5 3.7 24.5 0.0 24.5 81.3 15.1 8.4 336.9 355.9 242.5 152.0 90.6 113.4 3.8 25.4 0.0 25.3 84.2 14.3 4.8 338.3 356.8 242.4 151.5 90.9 114.4 3.9 25.5 0.0 25.4 85.1 14.2 4.4 340.2 358.2 243.1 151.7 91.5 115.1 3.9 25.8 0.1 25.7 85.3 14.1 4.0 338.1 357.2 243.1 151.2 92.0 114.1 3.8 26.4 0.1 26.4 83.8 14.0 5.2 335.1 353.5 241.8 149.4 92.5 111.8 3.8 25.3 0.1 25.3 82.6 14.0 4.5 331.7 350.1 240.9 148.0 93.1 109.3 3.7 24.7 0.1 24.7 80.8 13.9 4.6 State and local consumption 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.... ”........................................................................................................................ 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 1,426.8 1,847.9 1,281.7 1,114.3 167.6 566.6 23.4 195.7 347.6 33.4 387.8 83.5 176.1 128.2 -0.6 1,427.1 1,853.7 1,281.9 1,112.4 169.8 571.9 23.4 197.9 350.6 33.2 393.4 85.2 179.1 129.0 -0.5 1,429.9 1,857.2 1,284.1 1,114.3 170.0 573.2 23.5 198.4 351.3 33.2 394.0 85.4 179.3 129.3 -1.1 1,429.5 1,856.6 1,283.0 1,112.7 170.5 573.7 23.3 198.6 351.7 32.9 394.2 85.4 179.7 129.0 -0.4 1,429.9 1,858.8 1,283.3 1,112.6 171.0 575.6 23.4 199.3 352.9 32.8 396.1 85.7 180.4 129.9 -0.8 1,431.3 1,862.6 1,284.9 1,113.6 171.5 577.7 23.4 200.0 354.3 33.0 398.2 86.2 181.3 130.7 -1.6 1,433.0 1,866.4 1,286.9 1,115.2 171.9 579.4 23.5 200.8 355.1 33.5 399.9 86.6 182.2 131.0 -1.5 Less: Own-account investment4.............................................................................................. Less: Sales to other sectors....................................................................................................... Tuition and related educational charges.............................................................................. Health and hospital charges.................................................................................................. Other sales 5............................................................................................................................ Residual..................................................................................................................................................... 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, software, and research and development). 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, software, and research and development in table 3.9.5. 5. Includes federal purchases of research and development produced by state and local general government. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-37 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 2011 2012 2012 2013 IV III I III II National defense consumption expenditures and gross investment.............................. 1 -2.3 -3.2 12.5 -21.6 -11.2 -0.6 -0.3 Consumption expenditures 1.............................................................................................................. Gross output of general government................................................................................................. Value added..................................................................................................................................... Compensation of general government employees................................................................. Military..................................................................................................................................... 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....................................................................................................................................... Installation support................................................................................................................. Weapons support................................................................................................................... Personnel support.................................................................................................................. Transportation of material..................................................................................................... Travel of persons.................................................................................................................... Less: Own-account investment4...................................................................................................... Less: Sales to other sectors............................................................................................................... 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 -1.4 -1.3 1.4 1.0 -0.4 3.6 2.1 -5.0 -5.3 10.7 -19.2 -18.2 -16.3 -19.6 -4.3 3.1 4.3 -3.6 4.0 -6.1 -6.8 -5.4 -4.4 -12.5 -11.6 2.0 5.3 -2.7 -2.7 -0.9 -1.9 -2.6 -0.7 0.9 -5.5 -2.3 7.5 -8.6 5.6 -17.3 -13.0 -4.0 -7.1 -8.5 -0.6 -7.4 -6.0 -4.5 -6.4 -2.0 -34.0 -11.0 -5.2 -1.9 16.2 15.4 -0.8 -1.7 -2.1 -1.0 0.6 44.5 17.9 29.9 43.2 37.9 8.5 -2.2 8.0 -9.8 -26.5 98.2 -11.2 62.2 64.4 165.3 51.2 -30.1 -6.1 -3.5 -1.2 -24.9 -24.2 -1.8 -3.2 -3.5 -2.5 0.4 -49.1 -8.9 19.1 -28.7 -41.0 -40.9 -19.0 -27.3 14.9 62.8 -37.0 -19.7 -61.1 -62.0 -87.4 -47.7 -34.7 -23.2 -4.2 -4.5 -9.6 -9.3 -2.0 -3.5 -3.7 -3.1 0.2 -20.5 -33.5 -51.4 -40.6 6,439.8 -71.5 -51.8 5.9 -22.7 -10.9 -70.8 -12.6 -16.4 0.6 1.8 -23.2 -41.1 -37.7 0.1 -5.5 -3.2 -3.2 -1.2 -2.2 -0.5 -5.1 0.2 -6.6 14.0 13.1 178.7 56.5 -2.2 38.4 -27.8 -43.6 -67.5 15.1 14.2 -3.4 -2.6 -1.8 1.4 -34.8 -30.1 -0.5 -17.0 -1.6 -1.5 -6.4 -10.6 -1.0 -26.1 0.2 7.7 -4.1 19.8 -36.4 -24.9 -1.5 -37.2 2.0 -4.5 -27.3 135.0 -4.7 12.9 3.0 -1.5 28.0 -27.6 -8.5 -1.9 7.5 Gross investment5............................................................................................................................... Structures.............................................................................................................................................. Equipment............................................................................................................................................ Aircraft............................................................................................................................................... Missiles............................................................................................................................................ Ships................................................................................................................................................. Vehicles............................................................................................................................................ Electronics....................................................................................................................................... Other equipment............................................................................................................................. Intellectual property products............................................................................................................ Software........................................................................................................................................... • Research and development........................................................................................................... 29 30 31 32 33 34 35 36 37 38 39 40 -5.7 -21.8 -5.3 16.5 -12.0 -5.5 -26.4 -16.2 -5.3 -2.5 4.0 -3.2 -5.3 -38.6 -1.2 6.6 31.3 1.1 -22.4 -11.4 -4.1 -4.0 0.8 -4.5 -0.8 -48.0 6.7 67.3 -20.4 -27.5 -8.7 -1.3 1.2 -2.8 -0.7 -3.0 -7.5 111.4 -19.2 -50.1 20.1 58.8 -20.7 -15.8 -21.1 -0.5 6.0 -1.2 -17.3 -65.7 -23.0 68.4 -62.8 -58.8 -81.6 -45.6 -9.7 -1.2 2.5 -1.7 10.2 0.6 21.0 -0.2 116.4 121.6 87.5 30.9 -9.3 -0.3 -8.4 0.8 4.5 -2.7 10.2 63.4 107.1 2.7 -31.7 -31.8 -14.7 -1.3 -1.1 -1.3 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, software, and research and development). 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, software, and research and development. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-38 December 2013 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, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III National defense consumption expenditures and gross investment........ Seasonally adjusted Line 2013 IV I II III 1 100.802 97.562 100.446 94.506 91.731 91.592 91.512 2 102.259 99.523 102.995 95.892 93.502 92.746 92.378 2012 2012 III National defense consumption expenditures and gross investment......... 2013 IV I II III 1 105.191 106.252 106.322 106.542 107.283 107.512 107.757 98.806 93.355 101.415 85.645 80.869 79.504 80.986 97.061 94.846 97.599 95.349 86.111 88.983 88.057 121.621 130.731 133.650 139.632 116.563 120.201 125.756 79.903 73.044 76.304 70.106 61.539 79.514 71.005 88.847 93.860 106.454 93.302 265.327 296.761 276.239 82.409 68.136 72.773 63.816 46.636 46.377 46.203 78.894 68.675 70.364 66.762 55.622 60.326 53.693 95.228 91.460 93.606 86.447 87.704 80.857 81.251 99.388 92.299 88.716 91.857 86.143 74.663 73.799 105.751 96.806 87.385 98.707 95.901 72.411 66.864 95.593 95.044 107.415 95.679 70.317 72.826 90.168 92.945 86.106 85.739 81.159 78.466 81.111 80.132 98.983 93.073 104.235 82.313 78.709 78.034 80.433 94.886 90.592 101.616 79.771 79.894 79.376 79.973 105.229 98.457 123.969 73.810 74.133 73.791 73.509 100.076 98.092 107.727 91.613 85.763 86.052 91.529 94.279 62.202 58.414 52.511 46.003 41.339 38.130 93.050 82.771 82.303 77.036 68.428 62.565 61.186 101.997 96.694 96.106 95.078 95.103 94.982 94.534 98.808 96.910 97.018 95.896 94.556 90.243 91.900 Consumption expenditures 1......... Gross output of general government................................. Value added................................ Compensation of general government employees.... Military................................ 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.................................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons............... Less: Own-account investment4 Less: Sales to other sectors......... 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 107.147 100.775 100.325 100.813 101.298 101.882 99.735 102.038 137.066 175.245 106.563 106.000 104.999 107.746 103.946 102.943 111.301 108.166 105.454 104.325 108.438 101.689 101.139 102.715 101.807 103.655 100.043 103.097 138.415 176.288 107.229 108.041 106.374 108.351 106.104 104.474 111.906 109.353 106.432 106.042 108.354 101.773 101.285 102.657 101.756 103.496 100.011 103.271 136.442 171.788 106.846 108.280 106.487 108.309 106.467 104.663 111.598 108.430 106.520 106.193 108.913 101.765 101.138 102.908 101.807 104.273 99.990 103.270 140.332 179.663 107.443 109.115 106.775 108.579 106.462 105.008 111.730 109.448 106.634 106.447 109.527 102.167 101.426 102.437 101.538 104.327 100.832 104.010 141.641 181.764 109.851 108.965 107.350 109.457 106.925 105.358 112.719 111.167 107.233 107.176 109.361 102.726 102.074 103.964 101.827 104.171 101.196 104.386 135.032 166.815 110.141 108.978 107.829 109.908 107.286 105.645 113.954 114.045 107.542 107.395 109.742 102.735 102.180 103.472 101.951 103.825 101.285 104.368 137.633 172.691 110.719 109.292 108.044 110.426 107.698 106.060 112.210 110.504 107.747 107.866 89.580 85.413 87.509 88.471 47.925 36.679 36.734 36.480 95.848 89.786 94.172 96.487 146.926 167.382 167.290 189.147 127.164 99.341 120.483 144.528 107.229 85.906 104.810 105.513 57.303 37.535 43.924 39.934 69.912 60.028 64.214 58.364 86.667 84.492 82.454 79.238 91.918 91.638 91.578 91.275 113.888 114.605 112.122 111.813 89.698 89.321 89.497 89.194 Gross investment5.......................... Structures....................................... Equipment....................................... Aircraft........................................ Missiles....................................... Ships............................................ Vehicles...................................... Electronics.................................. Other equipment........................ Intellectual property products...... Software...................................... Research and development..... 29 30 31 32 33 34 35 36 37 38 39 40 103.393 102.058 102.472 103.501 106.515 107.255 101.300 96.603 102.159 104.857 99.852 105.429 104.185 105.110 102.762 100.935 109.325 108.599 104.940 96.104 103.087 105.926 99.504 106.678 104.396 105.612 102.882 101.139 109.431 109.100 104.790 95.784 103.198 106.219 99.354 107.027 104.068 106.114 102.328 98.972 108.442 108.164 107.262 95.805 103.271 106.083 99.158 106.900 104.433 106.694 102.391 98.293 106.933 108.561 106.659 96.475 103.988 106.790 99.610 107.640 104.839 107.550 102.940 99.092 109.539 108.503 106.186 96.822 104.355 106.981 99.885 107.820 104.872 108.107 102.687 98.417 108.584 108.869 105.693 96.791 104.345 107.319 99.794 108.214 Consumption expenditures 1........ Gross output of general government................................ Value added............................... Compensation of general government employees.... Military................................ 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................................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons.............. Less: Own-account investment4 Less: Sales to other sectors......... 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Gross investment5.......................... Structures........................................ Equipment...................................... Aircraft......................................... Missiles........................................ Ships........................................... Vehicles...................................... Electronics.................................. Other equipment........................ Intellectual property products...... Software..................................... Research and development..... 29 95.622 90.571 91.346 30 76.371 46.903 39.747 98.671 97.474 101.080 31 32 144.740 154.237 174.785 33 95.089 124.875 121.471 34 97.671 98.718 95.521 35 76.177 59.079 60.727 36 80.692 71.463 72.988 37 94.017 90.200 91.966 38 96.483 92.663 92.026 39 111.692 112.539 112.251 40 94.926 90.647 89.976 3 102.230 99.420 102.749 95.867 93.556 92.799 92.440 4 104.670 103.769 103.678 103.219 102.690 102.370 100.689 5 104.278 102.245 102.041 101.227 100.332 99.785 6 101.209 98.546 98.290 97.411 96.488 96.362 7 110.286 109.480 109.379 108.697 107.858 106.466 97.040 96.125 98.709 8 105.303 106.218 106.309 106.419 106.479 106.528 106.574 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, software, and research and development). 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, software, and research and development. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2011 2 105.693 106.824 106.857 107.221 108.061 108.243 108.545 3 105.678 106.808 106.844 107.199 108.031 108.218 108.517 4 104.672 105.698 105.809 106.037 106.992 107.372 107.626 5 105.301 106.245 106.328 106.653 107.933 108.351 108.738 6 104.443 106.028 106.181 106.645 108.486 108.833 109.156 7 106.923 106.715 106.671 106.746 107.036 107.579 108.087 8 103.676 104.826 104.980 105.061 105.528 105.854 105.912 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, software, and research and development). 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, software, and research and devel opment. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. December 2013 D-39 Survey of Current Business 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 (2009) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2011 2013 2012 2012 III IV I II National defense consumption expenditures and gross investment........ 1 835.8 817.1 841.9 793.7 775.8 776.3 Consumption expenditures 1........ 2 662.8 652.0 675.0 630.6 619.7 615.7 Line 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.................................... Installation support............ Weapons support.............. Personnel support............. Transportation of material Travel of persons............... Less: Own-account investment4 Less: Sales to other sectors......... Gross investment5.......................... Structures........................................... Equipment......................................... Aircraft............................................ Missiles........................................... Ships.............................................. Vehicles......................................... Electronics..................................... Other equipment.......................... Intellectual property products....... Software........................................ Research and development...... 2013 2012 III IV I II III 777.3 National defense consumption expenditures and gross investment........ 1 794.6 769.1 791.8 745.0 723.1 722.0 721.4 615.0 Consumption expenditures 1......... 2 627.1 610.4 631.7 588.1 573.4 568.8 566.5 3 4 650.7 390.9 632.9 387.5 654.0 387.2 610.2 385.5 595.5 383.5 590.7 382.3 588.4 376.0 5 6 7 238.6 153.8 84.7 233.9 149.8 84.1 233.5 149.4 84.0 231.6 148.1 83.5 229.6 146.7 82.8 228.3 146.5 81.8 222.0 146.1 75.8 8 152.3 153.6 153.8 153.9 154.0 154.1 154.2 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 260.0 44.5 17.9 3.6 0.6 2.9 8.9 10.6 24.3 11.1 4.0 9.1 190.9 41.8 34.3 93.7 12.4 8.8 19.8 3.8 245.6 43.4 19.2 3.3 0.7 2.4 7.7 10.1 22.6 10.1 4.0 8.4 179.5 39.9 32.1 91.8 8.2 7.8 18.8 3.7 266.8 44.7 19.6 3.5 0.8 2.6 7.9 10.4 21.7 9.1 4.5 8.4 201.0 44.8 40.4 100.8 7.7 7.7 18.7 3.7 225.3 43.7 20.5 3.2 0.7 2.2 7.5 9.6 22.5 10.3 4.0 8.0 158.7 35.2 24.1 85.8 6.9 7.3 18.5 3.6 212.8 39.4 17.1 2.8 1.9 1.6 6.3 9.7 21.1 10.0 2.9 7.7 151.8 35.2 24.2 80.3 6.0 6.4 18.5 3.6 209.2 40.8 17.6 3.6 2.1 1.6 6.8 9.0 18.3 7.6 3.0 8.0 150.5 35.0 24.1 80.5 5.4 5.9 18.5 3.4 213.1 40.3 18.5 3.2 2.0 1.6 6.1 9.0 18.0 7.0 3.8 7.9 155.1 35.2 24.0 85.7 5.0 5.8 18.4 3.5 29 30 31 32 33 34 35 36 37 38 39 40 41 167.3 13.1 84.9 19.5 4.8 10.9 7.0 10.7 31.9 69.3 7.6 61.7 0.5 158.5 8.0 83.9 20.8 6.3 11.0 5.4 9.5 30.6 66.6 7.7 58.9 0.2 159.8 6.8 87.0 23.6 6.2 10.6 5.6 156.8 149.5 153.1 154.8 8.2 82.5 19.8 6.4 11.9 5.3 9.3 29.4 66.0 7.8 58.3 -0.1 6.3 77.2 22.6 5.0 9.6 3.5 7.9 28.6 65.8 7.8 58.1 0.2 6.3 81.0 22.6 6.1 11.7 4.0 8.5 28.0 65.8 7.7 58.2 -1.8 6.2 83.0 25.5 7.3 11.8 3.7 7.7 26.9 65.6 7.6 58.0 -2.3 Gross output of general 3 4 687.7 409.2 675.9 409.6 698.8 409.7 654.2 408.7 643.4 410.3 639.3 410.5 638.6 404.7 5 6 7 251.2 160.7 90.6 248.6 158.8 89.7 248.3 158.6 89.6 247.0 157.9 89.1 247.8 159.1 88.7 247.4 159.4 88.0 241.4 159.5 81.9 8 157.9 161.1 161.4 161.7 162.5 163.1 163.3 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 278.5 44.8 17.9 3.6 0.6 2.9 8.9 10.8 33.3 19.4 4.3 9.7 200.4 45.1 35.7 96.4 13.8 9.5 20.9 3.9 266.3 44.2 19.4 3.4 0.7 2.5 7.8 10.5 31.2 17.8 4.3 9.1 190.9 43.3 34.1 95.9 9.1 8.5 20.0 3.9 289.1 45.5 19.9 3.5 0.8 2.6 7.9 10.7 29.6 15.7 4.8 9.1 214.1 48.5 43.1 105.5 8.6 8.4 19.9 3.9 245.5 44.4 20.7 3.3 0.7 2.3 7.5 9.9 31.5 18.5 4.3 8.7 169.5 38.2 25.6 90.0 7.7 7.9 19.7 3.9 233.1 40.3 17.4 2.9 1.9 1.7 6.3 10.1 29.8 18.2 3.2 8.4 163.0 38.5 25.9 84.6 6.8 7.2 19.8 3.8 228.8 41.9 18.0 3.7 2.2 1.7 6.9 9.4 24.6 12.6 3.4 8.7 162.3 38.5 25.8 85.1 6.2 6.7 19.9 3.7 233.9 41.4 18.9 3.3 2.0 1.7 6.1 9.4 24.8 12.1 4.2 8.6 167.6 38.9 25.8 90.9 5.6 6.4 19.8 3.8 29 30 31 32 33 34 35 36 37 38 39 40 173.0 165.1 8.4 86.2 21.0 6.9 11.9 5.7 9.1 31.5 70.5 7.7 62.9 166.9 7.2 89.5 23.8 6.7 11.6 5.9 9.3 32.2 70.2 7.6 62.6 163.1 8.7 84.4 19.6 7.0 12.9 5.7 8.9 30.3 70.0 7.7 62.3 156.1 6.7 79.1 22.2 5.4 10.4 3.7 7.7 29.8 70.3 7.8 62.5 160.5 6.8 83.4 22.3 6.7 12.7 4.3 8.2 29.2 70.4 7.7 62.7 162.4 6.8 85.2 25.1 7.9 12.8 3.9 13.4 87.0 20.2 5.1 11.7 7.1 10.3 32.6 72.7 7.6 65.0 7.5 28.0 70.4 7.6 62.7 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, software, and research and development). 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, software, and research and development. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2012 III Gross output of general government.................................. Value added................................. Compensation of general government employees.... Military.................................. Civilian.................................. Consumption of general government fixed capital2 2011 government................................... Value added.................................. Compensation of general government employees.... Military.................................. 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..................................... Installation support............ Weapons support.............. Personnel support............. Transportation of material Travel of persons................ Less: Own-account investment4 Less: Sales to other sectors......... Gross investment5.......................... . Structures........................................... Equipment........................................... Aircraft............................................ Missiles........................................... Ships............................................... Vehicles......................................... Electronics..................................... Other equipment.......................... Intellectual property products....... Software......................................... Research and development...... Residual................................................... 9.7 31.2 66.1 7.7 58.5 -1.1 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, software, and research and development). 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, software, and research and development. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D-40 December 2013 4. Foreign Transactions Table 4.1. Foreign Transactions in the National Income and Product Accounts [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 III IV I II III Current receipts from the rest of the world.................................................................... 1 2,904.0 3,014.5 3,011.2 3,043.5 3,027.5 3,055.9 3,088.6 Exports of goods and services.................................................................................................. Goods ..................................................................................................................................... Durable...................................................................................................................................... Nondurable............................................................................................................................... Services 1..................................................................................................................................... 2 3 4 5 6 2,101.2 1,473.6 897.4 576.2 627.6 2,195.9 1,536.0 946.1 589.9 659.9 2,199.2 1,545.6 945.8 599.8 653.6 2,213.7 1,538.3 942.6 595.7 675.5 2,214.2 1,531.6 942.0 589.7 682.6 2,238.9 1,548.8 969.1 579.7 690.2 2,265.9 1,572.1 962.7 609.4 693.8 Income receipts.............................................................................................................................. Wage and salary receipts........................................................................................................... Income receipts on assets......................................................................................................... Interest...................................................................................................................................... Dividends................................................................................................................................. Reinvested earnings on U.S. direct investment abroad.................................................... 7 8 9 10 11 12 802.8 6.1 796.7 143.0 292.6 361.1 818.6 6.3 812.3 146.3 297.9 368.1 812.0 6.3 805.7 144.6 306.5 354.6 829.8 6.6 823.3 146.1 278.1 399.1 813.3 6.6 806.7 149.2 303.2 354.2 817.0 6.6 810.4 151.6 293.4 365 3 822.7 6.6 816.0 148.3 289.6 378.2 Current payments to the rest of the world...................................................................... 13 3,360.9 3,453.5 3,432.3 3,444.9 3,465.5 3,474.6 3,480.0 Imports of goods and services................................................................................................... Goods'......................................................................................................................................... Durable...................................................................................................................................... Nondurable............................................................................................................................... Services 1..................................................................................................................................... 14 15 16 17 18 2,669.9 2,234.6 1,234.5 1,000.1 435.3 2,743.1 2,295.4 1,324.9 970.5 447.7 2,723.5 2,275.0 1,322.9 952.1 448.6 2,729.5 2,279.6 1,332.2 947.5 449.9 2,737.3 2,281.9 1,327.5 954.5 455.3 2,747.9 2,288.7 1,356.2 932.5 459.3 2,767.8 2,306.3 1,368.1 938.3 461.5 Income payments........................................................................................................................... Wage and salary payments........................................................................................................ Income payments on assets...................................................................................................... Interest...................................................................................................................................... Dividends................................................................................................................................. Reinvested earnings on foreign direct investment in the United States.......................... 19 20 21 22 23 24 542.1 14.2 527.9 310.7 136.2 81.0 565.7 14.6 551.1 304.1 141.1 105.9 564.4 14.8 549.6 301.0 137.2 111.5 572.8 14.6 558.2 299.1 145.7 113.4 575.9 14.4 561.5 302.5 156.0 103.0 570.1 15.1 555.0 299.4 130.8 124.8 558.6 15.2 543.4 295.4 192.0 56.0 Current taxes and transfer payments to the rest of the world (net).................................. From persons (net)...................................................................................................................... From government (net)................................................................................................................ From business (net)..................................................................................................................... 25 26 27 28 149.0 74.1 52.8 22.1 144.6 71.9 45.4 27.3 144.3 67.9 48.7 27.7 142.6 74.4 34.4 33.8 152.4 75.9 41.5 35.0 156.6 75.7 46.1 34.8 153.5 72.6 46 0 35.0 Balance on current account, NIPAs................................................................................. 29 -457.0 -439.0 -421.1 -401.4 -438.1 -418.7 -391.4 Addenda: Net lending or net borrowing (-), NIPAs................................................................................... Balance on current account, NIPAs...................................................................................... Less: Capital account transactions (net)2.......................................................................... 30 31 32 -458.6 -457.0 1.7 -432.4 -439.0 -6.6 -423.4 -421.1 2.3 -371.1 -401.4 -30.3 -438.5 -438.1 0.5 -419.1 -418.7 0.4 -391.4 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 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-41 Survey of Current Business 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 2011 2012 2012 I Line 2011 2013 2012 2012 IV III III II I III II Percent change at annual rate: Exports of goods and services................................. Exports of 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....................................... Other........................................... Automotive vehicles, engines, and parts............................................ Consumer goods, except automotive.................................. Durable goods........................... Nondurable goods..................... Other............................................... 2013 IV III 1 7.1 3.5 0.4 1.1 -1.3 8.0 3.7 2 3 4 5 6 7 7.1 -0.4 6.5 3.4 7.8 9.3 3.8 -0.9 1.8 0.0 2.5 6.1 1.6 17.7 -4.0 -9.8 -1.5 4.7 -3.0 -33.8 0.8 -9.6 5.3 -5.1 -2.8 -0.8 -0.2 13.5 -5.3 -4.4 9.4 -27.4 9.0 -3.9 14.6 14.2 5.4 41.5 14.4 8.6 16.7 -2.8 8 7.6 14.5 43.9 0.4 -10.3 56.5 19.4 9 10 16.6 8.7 1.1 4.9 -5.6 -1.7 -3.3 -6.7 11.9 -4.7 0.7 6.8 -3.0 -8.4 11 16.6 8.1 -6.3 -2.4 3.1 21.0 2.9 12 13 14 15 4.5 9.5 -1.2 -0.4 2.4 0.3 4.9 5.5 -2.1 -8.1 5.5 19.5 3.3 4.7 1.6 62.4 0.2 7.2 -7.6 -28.6 36.5 54.7 16.7 -27.5 -19.6 -28.5 -6.8 47.0 Exports of services 1...................... Transfers under U.S. military agency sales contracts............. Travel............................................... Passenger fares.............................. Other transportation...................... Royalties and license fees............ Other private services................... Other............................................... 16 7.0 3.0 -2.6 11.3 2.2 4.8 0.1 17 18 19 20 21 22 23 30.0 6.3 6.9 -0.7 9.5 6.2 8.0 -2.5 6.2 3.2 -0.7 1.1 3.6 -2.5 5.0 8.4 1.7 -6.4 -0.2 -8.2 -4.9 57.6 3.9 -0.8 -4.4 5.1 20.4 -5.5 -11.7 9.4 1.1 19.3 2.2 -1.6 -5.7 14.7 8.1 13.7 -0.3 4.7 2.8 1.4 11.3 1.8 2.9 -10.5 3.3 -1.6 4.2 imports of goods and services................................. 24 4.9 2.2 0.5 -3.1 0.6 6.9 2.7 Imports 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....................................... Other.......................................... Automotive vehicles, engines, and parts............................................ Consumer goods, except automotive.................................. Durable goods........................... Nondurable goods..................... Other............................................... 25 26 5.2 2.0 2.1 3.7 0.4 8.3 -3.5 3.7 -0.2 11.9 7.5 3.6 2.7 -7.6 27 28 29 30 31 6.6 8.8 4.3 -1.9 13.8 2.7 5.9 -0.6 -8.2 7.2 8.4 -9.5 31.5 -5.5 -5.7 -11.2 -0.9 -20.8 -10.7 2.4 10.0 21.4 -1.1 -10.7 -0.7 -0.7 -1.1 -0.2 -3.6 2.9 11.5 2.5 21.8 -3.1 7.7 32 9.4 7.1 0.3 67.4 -10.7 5.1 7.7 33 34 7.4 16.6 3.9 8.3 -20.9 -1.1 29.8 -9.8 -10.1 3.8 -12.8 8.0 14.6 5.7 35 9.7 14.8 7.3 -4.5 -12.1 29.0 20.6 36 37 38 39 4.5 3.8 5.3 -12.1 -1.0 1.1 -3.4 5.1 2.3 6.1 -1.8 -1.2 3.1 13.2 -7.6 -20.9 0.4 -6.8 9.5 55.1 8.8 20.0 -3.1 48.5 -0.5 -0.2 -0.8 -37.2 Imports of services 1....................... Direct defense expenditures......... Travel............................................... Passenger fares............................. Other transportation...................... Royalties and license fees............ Other private services.................. Other............................................... 40 41 42 43 44 45 46 47 3.1 -7.8 1.0 6.3 1.6 4.2 5.8 -5.6 2.7 -6.8 7.0 4.7 2.2 12.8 0.9 -9.6 1.0 -2.6 -7.9 0.2 1.3 12.5 3.8 -13.3 -1.0 -27.3 -5.3 -10.4 1.1 -18.0 9.5 3.4 5.0 -19.3 5.4 14.7 16.5 12.4 2.9 -15.2 4.0 -11.1 4.8 6.1 12.1 7.7 2.0 10.2 2.5 -11.3 1.6 5.1 7.4 6.0 2.2 -4.7 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... 48 49 50 51 52 53 54 9.0 4.1 -1.3 8.1 8.9 0.7 7.0 4.8 2.2 0.8 4.1 7.2 -4.1 4.8 -0.2 4.7 16.7 0.1 -0.8 2.0 1.7 -2.5 -3.7 -32.9 1.0 1.7 -10.5 -1.9 -0.7 -O.2 -0.6 -3.1 -0.9 0.7 2.2 14.5 1.6 -24.6 13.5 12.9 0.2 9.9 -2.3 19.2 33.8 3.0 6.0 -2.0 3.9 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Exports of goods and services................................. 1 7.1 3.5 0.4 1.1 -1.3 8.0 3.7 2 3 4 5 6 7 4.97 -0.02 1.43 0.24 1.19 2.20 2.64 -0.06 0.40 0.00 0.40 1.43 1.15 1.04 -0.90 -0.66 -0.24 1.11 -2.11 -2.60 0.16 -0.63 0.79 -1.27 -1.99 -0.04 -0.05 0.78 -0.83 -1.06 6.49 -1.79 1.92 -0.24 2.16 3.27 3.68 1.94 2.95 0.50 2.45 -0.66 Percentage points at annual rates: Exports of 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....................................... Other............................................ Automotive vehicles, engines, and parts............................................. Consumer goods, except automotive.................................. Durable goods........................... Nondurable goods..................... Other................................................ 8 0.29 0.56 1.54 0.02 -0.47 2.08 0.88 9 10 0.37 1.53 0.03 0.85 -0.13 -0.30 -0.07 -1.22 0.24 -0.83 0.02 1.16 -0.06 -1.48 11 0.99 0.51 -0.43 -0.16 0.20 1.31 0.20 12 13 14 15 0.39 0.44 -0.05 -0.01 0.20 0.01 0.18 0.16 -0.18 -0.38 0.20 0.51 0.27 0.21 0.06 1.50 0.02 0.31 -0.30 -1.06 2.71 2.11 0.60 -0.92 -1.84 -1.58 -0.26 1.10 16 2.11 0.89 -0.78 3.23 0.66 1.49 0.02 17 18 19 20 21 22 23 0.21 0.35 0.12 -0.02 0.54 0.85 0.06 -0.02 0.35 0.06 -0.01 0.07 0.48 -0.02 0.04 0.46 0.03 -0.13 -0.01 -1.13 -0.03 0.36 0.22 -0.01 -0.09 0.28 2.50 -0.04 -0.10 0.54 0.02 0.35 0.12 -0.23 -0.04 0.12 0.48 0.24 -0.01 0.27 0.39 0.01 0.09 0.11 0.05 -0.22 0.19 -0.22 0.03 24 4.9 2.2 0.5 -3.1 0.6 6.9 2.7 Imports 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....................................... Other............................................ Automotive vehicles, engines, and parts............................................. Consumer goods, except automotive.................................. Durable goods........................... Nondurable goods..................... Other................................................ 25 26 4.34 0.08 1.78 0.15 0.34 0.33 -2.96 0.15 -0.19 0.47 6.23 0.16 2.24 -0.33 27 28 29 30 31 0.70 0.47 0.23 -0.32 2.53 0.29 0.32 -0.03 -1.43 1.39 0.87 -0.54 1.41 -0.87 -1.17 -1.25 -0.04 -1.20 -1.70 0.49 1.02 1.08 -0.06 -1.70 -0.14 -0.05 -0.05 0.00 -0.52 0.60 1.16 0.14 1.03 -0.44 1.51 32 0.12 0.10 0.01 0.80 -0.19 0.08 0.12 33 34 0.35 2.06 0.17 1.12 -1.02 -0.16 1.15 -1.46 -0.47 0.52 -0.59 1.11 0.59 0.79 35 0.91 1.42 0.77 -0.50 -1.40 2.84 2.14 36 37 38 39 0.90 0.41 0.50 -0.47 -0.20 0.11 -0.31 0.16 0.44 0.60 -0.16 -0.03 0.60 1.29 -0.69 -0.76 0.07 -0.73 0.81 1.48 1.70 1.97 -0.27 1.50 -0.08 -0.02 -0.07 -1.70 Imports of services 1....................... Direct defense expenditures......... Travel................................................ Passenger fares.............................. Other transportation....................... Royalties and license fees............ Other private services.................... Other................................................ 40 41 42 43 44 45 46 47 0.53 -0.09 0.03 0.07 0.03 0.06 0.45 -0.02 0.44 -0.07 0.20 0.06 0.05 0.17 0.07 -0.03 0.16 -0.02 -0.25 0.00 0.03 0.17 0.27 -0.04 -0.17 -0.28 -0.16 -0.14 0.02 -0.29 0.67 0.01 0.81 -0.18 0.16 0.18 0.32 0.17 0.21 -0.05 0.68 -0.10 0.15 0.08 0.25 0.11 0.16 0.03 0.41 -0.09 0.05 0.07 0.16 0.09 0.16 -0.01 Exports of services 1....................... Transfers under U.S. military agency sales contracts............. Travel................................................ Passenger fares.............................. Other transportation....................... Royalties and license fees............ Other private services.................... Other................................................ Percent change at annual rate: Imports of goods and services................................. Percentage points at annual rates: 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. National Data D-42 December 2013 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, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Seasonally adjusted Line 2011 III Exports of goods and services................................. Exports of 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....................................... Other........................................... Automotive vehicles, engines, and parts............................................ Consumer goods, except automotive.................................. Durable goods........................... Nondurable goods..................... Other............................................... Exports of services 1...................... Transfers under U.S. military agency sales contracts............. Travel............................................... Passenger fares.............................. Other transportation...................... Royalties and license fees............ Other private services................... Other............................................... Imports of goods and services................................. Line 2013 2012 2012 IV I II 122.470 109.948 123.070 121.054 123.923 124.269 127.100 108.907 125.243 121.062 127.026 131.841 128.000 115.452 125.142 120.323 127.194 133.029 127.038 104.158 125.380 117.321 128.838 131.284 126.126 103.959 125.310 121.088 127.112 129.823 128.995 95.974 128.029 119.883 131.506 134.215 130.690 104.683 132.418 122.379 136.695 133.277 8 100.841 115.415 118.919 119.042 115.852 129.583 135.467 9 139.057 140.637 138.029 136.887 140.791 141.032 139.960 10 128.703 134.999 135.982 133.629 132.026 134.203 131.301 11 159.122 171.984 171.423 170.364 171.680 180.049 181.323 12 114.264 116.955 117.107 118.058 13 128.863 129.252 127.518 129.006 14 99.881 104.809 106.805 107.229 15 98.889 104.342 102.252 115.435 118.110 127.657 120.895 131.283 146.423 134.633 105.124 109.256 107.362 106.105 97.903 107.796 III Exports of goods and services................................. Exports of 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....................................... Other............................................ Automotive vehicles, engines, and parts............................................. Consumer goods, except automotive.................................. Durable goods........................... Nondurable goods..................... Other................................................ 125.200 129.218 118.638 106.764 122.698 118.737 104.811 Exports of services 1....................... Transfers under U.S. military agency sales contracts............. Travel................................................ Passenger fares............................. Other transportation....................... Royalties and license fees............ Other private services.................... Other................................................ 24 118.239 120.860 121.358 120.398 120.584 122.615 123.422 Imports of goods and services................................. 16 112.939 116.297 115.199 118.321 118.961 120.372 120.391 17 18 19 20 21 22 23 115.016 113.274 109.359 107.746 117.841 112.091 109.825 112.137 120.322 112.850 107.028 119.175 116.103 107.040 108.453 122.188 113.960 106.330 118.179 113.500 106.392 121.506 123.362 113.743 105.140 119.657 118.904 104.900 117.787 126.172 114.067 109.875 120.298 118.411 103.378 121.895 128.642 117.791 109.779 121.692 119.222 103.734 113.012 122.232 134.169 123.306 139.461 101.386 113.507 129.858 131.195 120.751 136.286 102.229 113.414 135.398 129.258 119.172 134.175 102.146 113.731 136.146 129.743 120.712 134.185 102.415 114.060 135.767 130.330 119.139 135.751 103.045 112.771 132.733 127.309 116.756 132.435 102.770 112.985 131.547 128.251 115.503 134.343 102.925 8 106.372 109.374 109.868 110.159 110.503 111.003 111.808 9 92.273 92.882 92.280 91.561 91.246 90.969 90.328 10 101.547 101.949 101.812 102.212 103.045 102.578 102.674 11 102.172 103.978 104.130 103.976 104.478 104.449 104.530 12 13 14 15 102.449 100.038 105.108 114.214 103.976 101.877 106.228 114.739 104.128 102.215 106.149 114.672 104.341 102.044 106.832 115.023 103.502 100.772 106.536 115.359 102.834 102.525 100.099 99.919 105.879 105.400 114.034 114.262 16 107.039 109.312 109.293 109.974 110.531 110.451 111.015 17 18 19 20 21 22 23 103.396 108.306 128.785 110.763 104.100 105.112 106.206 104.775 111.371 133.617 113.547 105.889 106.880 110.423 104.963 111.497 132.397 113.162 106.031 106.869 111.101 105.182 111.964 131.975 114.484 106.450 107.784 112.334 105.806 112.297 134.999 114.685 106.775 108.359 111.957 106.171 111.541 130.187 114.191 106.838 109.120 110.199 106.276 112.795 127.553 113.987 107.322 109.888 111.192 24 114.273 114.862 113.570 114.725 114.873 113.411 113.486 40 41 42 43 44 45 46 47 105.713 103.536 104.595 121.864 112.930 104.130 102.881 105.343 105.895 98.961 104.298 129.812 112.130 105.890 102.774 106.256 105.740 96.789 103.981 128.652 113.030 106.031 102.747 106.299 106.336 100.754 105.062 131.241 112.804 106.450 102.706 106.896 106.309 102.363 105.440 132.887 112.445 106.775 102.116 107.176 106.165 103.056 105.806 132.431 111.403 106.838 101.915 106.998 106.026 102.848 105.478 129.999 111.342 107.322 102.016 107.328 137.102 116.716 98.122 132.696 148.274 100.611 137.113 136.292 121.952 105.526 133.668 150.459 100.111 138.430 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.... 48 49 50 51 52 53 54 104.898 127.779 126.924 111.651 103.348 135.015 105.863 105.542 127.984 130.276 111.886 103.463 136.629 106.050 105.347 128.081 135.035 111.344 103.181 132.917 105.722 105.667 128.387 135.750 111.625 103.461 135.976 106.147 105.777 129.138 136.209 111.942 103.337 136.729 106.288 105.192 126.469 133.900 110.740 102.413 133.511 105.793 105.121 127.240 132.757 111.063 101.810 135.010 104.791 118.181 126.722 109.086 106.198 118.293 124.511 111.595 118.522 120.800 130.306 110.730 130.843 Imports of services 1....................... Direct defense expenditures......... Travel............................................... Passenger fares.............................. Other transportation...................... Royalties and license fees............ Other private services................... Other............................................... 40 41 42 43 44 45 46 47 105.934 87.958 100.891 101.537 113.555 106.743 111.165 82.701 108.779 82.017 107.931 106.285 116.071 120.364 112.159 74.727 109.139 82.968 107.464 108.120 116.121 124.328 112.058 72.946 108.855 76.601 106.019 105.187 116.448 118.315 114.621 73.567 110.197 72.613 107.425 108.847 120.979 121.827 115.436 70.596 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... 48 49 50 51 52 53 54 127.327 114.802 109.245 123.940 133.758 106.693 126.878 133.412 117.351 110.163 129.011 143.391 102.312 133.019 133.614 119.238 116.523 129.238 143.559 103.181 133.814 132.759 118.133 105.473 129.559 144.173 100.370 133.175 132.533 116.265 105.310 128.554 143.838 100.556 133.906 126.687 136.429 117.169 84.428 148.869 130.170 137.267 123.103 83.757 151.668 32 108.701 116.455 114.377 130.098 126.453 128.034 130.424 33 136.356 141.642 134.971 144.053 140.283 135.568 140.278 34 142.196 154.053 155.475 151.509 152.916 155.885 158.071 35 154.579 177.393 179.932 177.894 172.242 183.577 192.364 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 111.140 112.185 112.114 112.543 112.944 112.034 112.357 2 3 4 5 6 7 Imports of services 1....................... Direct defense expenditures......... Travel................................................ Passenger fares............................. Other transportation....................... Royalties and license fees............ Other private services.................... Other................................................ 117.274 122.848 111.265 112.618 126.895 136.805 117.220 85.214 147.807 III 111.984 68.424 109.109 111.841 126.748 125.946 116.645 71.480 116.686 122.179 110.770 111.004 123.904 130.344 117.550 87.664 148.067 II 111.296 70.500 108.690 110.459 124.492 124.112 116.019 72.339 117.910 120.858 114.673 105.570 127.637 130.646 124.589 90.185 147.191 I 120.661 130.238 110.519 116.475 36 37 38 39 125.402 132.413 118.462 90.484 147.977 IV 25 116.178 116.855 115.316 116.592 116.779 115.028 115.149 26 125.244 123.996 123.139 122.533 122.715 123.975 125.374 25 121.176 123.750 124.282 123.170 123.098 125.341 126.176 26 104.317 108.148 108.751 109.752 112.879 113.877 111.643 122.107 125.065 119.164 98.550 138.010 2013 Imports 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....................................... Other............................................ Automotive vehicles, engines, and parts............................................. Consumer goods, except automotive.................................. Durable goods........................... Nondurable goods..................... Other................................................ Imports 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........................................ Other........................................... Automotive vehicles, engines, and parts............................................ Consumer goods, except automotive.................................. Durable goods........................... Nondurable goods..................... Other............................................... 27 28 29 30 31 2012 2012 III 1 119.367 123.590 123.851 124.196 123.781 126.181 127.333 2 3 4 5 6 7 2011 27 28 29 30 31 122.018 125.433 118.787 175.172 99.467 117.590 119.732 115.647 179.114 99.669 116.182 117.807 114.795 169.024 99.626 118.280 119.607 117.198 176.471 99.438 119.470 119.948 119.304 176.975 99.237 118.191 116.198 120.739 165.671 98.706 113.114 114.580 111.940 174.849 98.509 32 106.686 112.326 112.940 113.216 113.662 113.827 114.843 33 93.227 91.634 91.763 91.320 91.140 34 101.082 101.412 101.247 101.095 100.819 91.290 99.987 91.342 99.583 35 103.722 105.716 105.782 106.355 106.499 105.427 104.616 36 101.728 103.225 102.978 103.322 103.280 103.185 102.758 37 99.865 100.415 100.046 100.227 99.709 99.365 98.717 38 103.878 106.505 106.405 106.954 107.510 107.733 107.595 39 106.780 108.171 108.000 108.675 109.042 108.632 107.635 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 2013 D-43 Survey of Current Business 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 (2009) dollars] Seasonally adjusted at annual rates Line Exports of goods and services............................. Exports of 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.................................... Other....................................... Automotive vehicles, engines, and parts................................. Consumer goods, except automotive............................... Durable goods........................ Nondurable goods.................. Other............................................ 2011 2012 2012 Seasonally adjusted at annual rates 2013 Line III IV I II III 1 2,101.2 2,195.9 2,199.2 2,213.7 2,214.2 2,238.9 2,265.9 2 3 1,473.6 126.2 1,536.0 132.8 1,545.6 146.7 1,538.3 133.1 1,531.6 132.4 1,548.8 119.5 1,572.1 129.2 4 5 6 484.7 143.3 341.5 482.3 140.3 342.0 474.8 137.6 337.2 477.5 135.9 341.6 479.4 138.4 341.0 478.4 134.3 344.1 498.5 135.6 362.9 7 493.3 527.7 532.0 526.4 523.7 540.0 537.1 8 80.2 94.4 97.7 98.0 95.7 107.5 113.2 9 10 48.4 364.7 49.3 384.0 48.0 386.3 47.3 381.1 48.4 379.6 48.4 384.1 47.7 376.2 11 132.8 146.1 145.9 144.8 146.6 153.7 154.9 12 13 14 15 175.0 97.3 77.7 61.6 181.7 99.3 82.4 65.3 182.2 98.3 83.9 64.0 184.1 99.3 84.8 72.4 182.7 99.8 82.9 66.8 196.2 110.6 85.6 60.9 185.2 101.5 83.7 67.2 Exports of services 1................... Transfers under U.S. military agency sales contracts.......... Travel............................................ Passenger fares.......................... Other transportation................... Royalties and license fees......... Other private services............... Other............................................ 16 627.6 659.9 653.6 675.5 682.6 690.2 693.8 17 18 19 20 21 22 23 17.3 115.6 36.8 43.1 120.7 279.6 14.5 17.1 126.2 39.4 43.9 124.2 294.5 14.7 16.5 128.3 39.4 43.4 123.3 287.9 14.7 18.6 130.1 39.2 43.4 125.3 304.2 14.7 18.1 133.5 40.2 45.5 126.4 304.5 14.4 18.8 135.1 40.0 45.2 127.9 308.8 14.3 19.3 137.3 39.5 43.9 129.6 309.7 14.5 Imports of goods and services.............................. 24 2,669.9 2,743.1 2,723.5 2,729.5 2,737.3 2,747.9 2,767.8 25 26 2,234.6 108.3 2,295.4 111.1 2,275.0 111.0 2,279.6 111.4 2,281.9 114.8 2,288.7 117.0 2,306.3 116.0 27 28 29 30 293.0 149.8 143.2 462.1 290.0 151.4 138.6 433.9 291.6 147.0 144.7 408.1 288.2 148.9 139.4 414.1 298.2 156.7 141.5 403.7 294.5 151.4 143.1 374.5 289.6 150.2 139.4 392.1 31 513.5 551.7 548.5 550.7 548.7 549.6 558.9 32 35.6 40.1 39.6 45.2 44.1 44.7 45.9 Imports 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.................................... Other....................................... Automotive vehicles, engines, and parts................................. Consumer goods, except automotive.............................. Durable goods........................ Nondurable goods................. Other............................................ 36 37 38 39 517.5 273.5 244.0 85.1 519.6 278.0 241.6 90.6 521.0 278.5 242.5 91.8 526.8 287.8 239.0 87.1 527.1 281.3 245.7 97.5 537.7 293.4 244.3 107.3 534.9 291.3 243.5 94.6 Imports of services 1.................... Direct defense expenditures..... Travel............................................ Passenger fares.......................... Other transportation................... Royalties and license fees......... Other private services............... Other............................................ 40 41 42 43 44 45 46 47 435.3 27.8 78.2 31.1 54.6 34.8 199.7 9.1 447.7 24.7 83.5 34.7 55.4 39.9 201.2 8.3 448.6 24.5 82.8 34.9 55.9 41.3 201.0 8.1 449.9 23.5 82.6 34.7 56.0 39.4 205.5 8.3 455.3 22.7 84.0 36.3 57.9 40.7 205.8 7.9 459.3 22.1 85.3 36.7 59.1 41.5 206.4 8.1 461.5 21.5 85.3 36.5 60.1 42.3 207.7 8.1 48 49 50 897.4 576.2 140.0 946.1 589.9 144.9 945.8 599.8 158.8 942.6 595.7 144.5 942.0 589.7 144.8 969.1 579.7 132.6 962.7 609.4 141.4 51 52 53 54 1,333.6 1,234.5 1,000.1 1,772.5 1,391.1 1,324.9 970.5 1,861.5 1,386.8 1,322.9 952.1 1,866.9 1,393.8 1,332.2 947.5 1,865.5 1,386.9 1,327.5 954.5 1,878.2 1,416.2 1,356.2 932.5 1,914.2 1,430.7 1,368.1 938.3 1,914.3 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 33 34 119.7 358.2 122.2 389.3 116.6 392.3 123.9 381.7 120.4 384.2 116.5 388.4 120.6 392.3 35 255.2 298.5 303.0 301.2 292.0 308.1 320.4 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Exports of goods and services............................ Exports of 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 parts2................................. Other....................................... Automotive vehicles, engines, and parts................................. Consumer goods, except automotive............................. Durable goods....................... Nondurable goods................ Other.............. .”........................... 2011 2012 2012 2013 III IV 1 II III 1 1,890.5 1,957.4 1,961.6 1,967.0 1,960.5 1,998.4 2,016.7 2 3 1,303.9 103.3 1,353.2 102.3 1,362.8 108.4 1,352.6 97.8 1,342.8 97.6 1,373.4 90.1 1,391.4 98.3 4 5 6 361.3 116.2 244.8 367.6 116.2 251.0 367.3 115.5 251.3 368.0 112.6 254.5 367.8 116.2 251.1 375.8 115.1 259.8 388.7 117.4 270.1 7 486.5 516.2 520.8 514.0 508.3 525.4 521.8 8 75.4 86.3 88.9 89.0 86.6 96.9 101.3 9 10 359.1 376.7 379.4 372.9 368.4 374.5 366.4 11 130.0 140.5 140.1 139.2 140.3 147.1 148.2 12 13 14 15 170.8 97.2 73.9 54.0 174.8 97.5 77.6 56.9 175.0 96.2 79.0 55.8 176.4 97.3 79.4 63.0 176.5 99.0 77.8 57.9 190.8 110.5 80.9 53.4 180.7 101.6 79.5 58.8 Exports of services 1................... Transfers under U.S. military agency sales contracts......... Travel............................................ Passenger fares......................... Other transportation................... Royalties and license fees........ Other private services............... Other........................................... Residual........................................... 16 586.3 603.7 598.0 614.2 617.5 624.9 625.0 17 18 19 20 21 22 23 24 16.7 106.7 28.5 38.9 116.0 266.0 13.7 -2.3 16.3 113.3 29.5 38.6 117.3 275.6 13.3 -4.5 15.7 115.1 29.7 38.4 116.3 269.4 13.3 -3.0 17.6 116.2 29.7 37.9 117.7 282.2 13.1 -4.7 17.1 118.8 29.8 39.7 118.4 281.0 12.9 -5.2 17.7 121.2 30.7 39.6 119.8 283.0 12.9 -8.0 18.2 121.7 31.0 38.5 120.7 281.8 13.1 -2.7 Imports of goods and services............................ 25 2,336.4 2,388.2 2,398.0 2,379.1 2,382.7 2,422.9 2,438.8 26 27 1,923.4 86.4 1,964.3 89.6 1,972.7 90.1 1,955.1 90.9 1,954.0 93.5 1,989.6 94.4 2,002.8 92.5 28 29 30 31 240.1 119.4 120.5 263.8 246.6 126.5 119.8 242.2 251.0 124.8 126.0 241.4 243.6 124.5 118.9 234.7 249.5 130.7 118.6 228.1 249.1 130.3 118.5 226.0 256.0 131.1 124.5 224.2 32 516.2 553.5 550.6 553.9 552.9 556.9 567.3 33 33.4 35.7 35.1 39.9 38.8 39.3 40.0 Imports 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 2................................. Other....................................... Automotive vehicles, engines, and parts................................. Consumer goods, except automotive............................. Durable goods....................... Nondurable goods................ Other............................................ Imports of services 1................... Direct defense expenditures.... Travel............................................ Passenger fares......................... Other transportation................... Royalties and license fees........ 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 34 35 354.3 383.9 387.4 377.6 381.1 388.5 393.9 36 246.1 282.4 286.4 283.2 274.2 292.2 306.2 37 38 39 40 508.7 273.9 234.9 79.7 503.4 276.8 226.9 83.8 505.9 278.4 227.9 85.0 509.8 287.1 223.4 80.1 510.3 282.1 228.6 89.4 521.1 295.3 226.8 98.7 520.5 295.1 226.4 87.9 41 42 43 44 45 46 47 48 49 411.8 26.8 74.8 25.5 48.4 33.4 194.1 8.7 -16.1 422.8 25.0 80.0 26.7 49.4 37.7 195.8 7.8 -35.2 424.2 25.3 79.7 27.2 49.5 38.9 195.6 7.7 -35.5 423.1 23.3 78.6 26.4 49.6 37.0 200.1 7.7 -39.6 428.3 22.1 79.6 27.3 51.5 38.1 201.5 7.4 -42.0 432.6 21.5 80.6 27.7 53.0 38.8 202.5 7.6 -46.5 435.3 20.9 80.9 28.1 54.0 39.4 203.6 7.5 -49.5 50 51 52 855.5 450.9 110.3 896.4 460.9 111.2 897.8 468.3 117.7 892.0 464.0 106.5 890.5 456.7 106.3 921.2 458.4 99.1 915.8 479.0 106.6 53 54 55 56 1,194.4 1,194.6 740.7 1,674.3 1,243.3 1,280.6 710.3 1,755.3 1,245.5 1,282.1 716.3 1,765.8 1,248.6 1,287.6 696.8 1,757.4 1,238.9 1,284.6 698.1 1,767.0 1,278.8 1,324.2 698.5 1,809.3 1,288.2 1,343.7 695.0 1,826.7 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. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. For exports and for imports, the residual line is the difference between the aggregate line and the sum of the most detailed lines. National Data D-44 December 2013 5. Saving and Investment Table 5.1. Saving and Investment by Sector [Billions of dollars] Seasonally adjusted at annual rates Line 2013 2012 2012 2011 III IV II I III Gross saving.............................................................................................................................. 1 2,461.4 2,672.2 2,606.4 2,812.8 2,871.5 2,993.4 3,052.4 Net saving............................................................................................................................................ Net private saving............................................................................................................................ Domestic business...................................................................................................................... Undistributed corporate profits.............................................................................................. Inventory valuation adjustment, corporate.......................................................................... Capital consumption adjustment, corporate....................................................................... Households and institutions....................................................................................................... Personal saving....................................................................................................................... Net government saving................................................................................................................... Federal.......................................................................................................................................... State and local............................................................................................................................. 2 3 4 5 6 7 8 9 10 11 12 8.8 1,470.2 801.9 771.6 -56.0 86.4 668.2 668.2 -1,461.3 -1,248.3 -213.1 129.4 1,491.7 804.3 984.9 -10.0 -170.5 687.4 687.4 -1,362.3 -1,109.7 -252.7 51.2 1,430.6 826.5 1,022.7 -22.0 -174.2 604.1 604.1 -1,379.4 -1,119.3 -260.1 237.8 1,570.5 746.4 928.7 -8.4 -173.9 824.1 824.1 -1,332.7 -1,078.5 -254.2 267.6 1,350.5 848.5 1,021.0 -13.0 -159.5 502.0 502.0 -1,082.9 -853.1 -229.8 361.6 1,212.3 631.9 784.2 8.9 -161.1 580.4 580.4 -850.7 -653.1 -197.6 396.7 1,483.8 854.7 1,014.1 1.7 -161.1 629.1 629.1 -1,087.1 -854.2 -232.8 Consumption of fixed capital.......................................................................................................... Private............................................................................................................................................... Domestic business...................................................................................................................... Households and institutions....................................................................................................... Government...................................................................................................................................... Federal.......................................................................................................................................... State and local............................................................................................................................. 13 14 15 16 17 18 19 2,452.6 1,974.4 1,571.6 402.9 478.1 256.5 221.7 2,542.9 2,049.3 1,639.4 409.9 493.6 262.3 231.4 2,555.1 2,059.8 1,648.4 411.4 495.3 262.9 232.4 2,575.0 2,077.6 1,661.4 416.2 497.4 263.7 233.7 2,603.8 2,103.3 1,680.6 422.7 500.5 265.6 234.9 2,631.9 2,128.5 1,698.9 429.6 503.4 266.8 236.6 2,655.7 2,149.8 1,714.4 435.4 506.0 267.7 238.2 Gross domestic investment, capital account transactions, and net lending, NIPAs 20 2,407.7 2,655.2 2,692.8 2,711.1 2,715.9 2,806.7 2,954.9 Gross domestic investment............................................................................................................ Gross private domestic investment............................................................................................... Domestic business...................................................................................................................... Households and institutions....................................................................................................... Gross government investment....................................................................................................... Federal.......................................................................................................................................... State and local............................................................................................................................. 21 22 23 24 25 26 27 2,864.7 2,232.1 1,775.4 456.7 632.6 295.4 337.2 3,094.2 2,475.2 1,977.1 498.1 619.0 284.0 334.9 3,113.9 2,493.3 1,993.1 500.2 620.6 286.0 334.6 3,112.5 2,499.9 1,978.2 521.8 612.5 281.4 331.2 3,153.9 2,555.1 2,017.4 537.7 598.8 272.7 326.1 3,225.4 2,621.0 2,063.4 557.6 604.4 276.6 327.8 3,346.3 2,732.6 2,152.4 580.2 613.8 278.5 335.3 Capital account transactions (net)1............................................................................................. Private................................................................................................................................................ Domestic business Households and institutions....................................................................................................... Government...................................................................................................................................... Federal.......................................................................................................................................... State and local............................................................................................................................. 28 29 30 31 32 33 34 1.7 -47.4 -41.3 -6.2 49.1 112.9 -63.8 -6.6 -26.0 -12.4 -13.6 19.5 83.3 -63.9 2.3 -7.4 -9.4 2.0 9.6 72.6 -63.0 -30.3 -62.0 -7.1 -54.9 31.7 102.1 -70.4 0.5 -3.3 -10.7 7.4 3.8 65.2 -61.4 0.4 1.8 -6.6 8.4 -1.4 57.6 -59.1 -5.5 60.3 -65.8 Net lending or net borrowing (-), NIPAs....................................................................................... Private............................................................................................. .................................................. Domestic business...................................................................................................................... Households and institutions....................................................................................................... Government...................................................................................................................................... Federal.......................................................................................................................................... State and local............................................................................................................................. 35 36 37 38 39 40 41 -458.6 1,206.3 585.7 620.6 -1,664.9 -1,400.1 -264.8 -432.4 1,074.7 462.0 612.7 -1,507.1 -1,214.8 -292.4 -423.4 1,090.9 577.7 513.3 -1,514.3 -1,215.0 -299.3 -371.1 1,108.4 335.0 773.4 -1,479.5 -1,198.3 -281.2 -438.5 746.4 366.8 379.6 -1,184.9 -925.4 -259.6 -419.1 531.2 87.3 443.9 -950.3 -720.5 -229.8 -1,189.4 -925.3 -264.0 Statistical discrepancy............................................................................................................ 42 -53.7 -17.0 86.4 -101.7 -155.6 -186.8 -97.5 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......................................................................................................................... 43 44 45 46 47 48 49 50 51 52 53 54 55 3,444.6 2,373.5 1,071.1 -983.2 -991.8 8.6 412.1 257.6 203.8 53.8 154.5 38.9 115.5 3,540.9 2,443.7 1,097.3 -868.7 -847.4 -21.3 551.3 425.9 337.7 88.2 125.3 21.8 103.6 3,490.4 2,474.9 1,015.5 -884.0 -856.3 -27.7 558.8 433.5 344.6 88.8 125.3 23.1 102.2 3,648.1 2,407.8 1,240.3 -835.3 -814.8 -20.5 537.4 422.4 316.7 105.6 115.1 17.7 97.4 3,453.8 2,529.1 924.7 -582.4 -587.5 5.1 550.1 451.8 336.8 115.0 98.3 7.1 91.2 3,340.8 2,330.8 1,010.0 -347.4 -386.3 38.9 593.6 492.5 364.5 128.0 101.0 9.8 91.3 3,633.5 2,569.0 1,064.5 -581.1 -586.5 5.4 690.6 582.8 438.0 144.8 107.8 10.7 97.1 Gross saving as a percentage of gross national income.................................................... 56 15.5 16.2 15.8 16.8 17.0 17.5 17.7 Net saving as a percentage of gross national income......................................................... 57 0.1 0.8 0.3 1.4 1.6 2.1 2.3 Disaster losses2............................................................................................................................ Private........................................................................................................................................... Domestic business.................................................................................................................. Households and institutions................................................................................................... Government................................................................................................................................. Federal...................................................................................................................................... State and local......................................................................................................................... 58 59 60 61 62 63 64 0.0 0.0 0.0 0.0 0.0 0.0 0.0 45.9 38.3 17.5 20.9 7.6 0.0 7.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 183.7 153.3 69.9 83.5 30.4 0.0 30.4 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 Addenda: Gross private saving................................................................................................................................. 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-45 Survey of Current Business Table 5.3.2. Contributions to Percent Change in Real Private Fixed Investment by Type Table 5.3.1. Percent Change From Preceding Period in Real Private Fixed Investment by Type [Percent] Seasonally adjusted at annual rates Line 2011 2012 2012 Line 2013 IV III Seasonally adjusted at annual rates Private fixed investment.... 1 6.2 8.3 2.7 11.6 -1.5 6.5 5.4 2 7.6 7.3 0.3 9.8 -4.6 4.7 3.5 Structures................................. Commercial and health care Manufacturing........................ Power and communication... Mining exploration, shafts, and wells 1......................... Other structures 2.................. 3 4 5 6 2.1 -0.4 -4.1 -7.8 12.7 7.9 15.1 18.9 5.9 12.0 5.6 17.8 17.6 -3.4 17.1 98.0 -25.7 -0.5 -5.4 -68.3 17.6 -5.2 -19.2 37.8 13.8 19.2 55.5 2.9 7 8 24.2 -7.5 13.8 8.0 -6.3 5.5 -2.0 -2.5 -1.6 -15.2 30.8 41.0 10.7 3.3 Intellectual property products Software 5.............................. Research and development6 Entertainment, literary, and artistic originals................. 9 12.7 7.6 -3.9 8.9 1.6 3.3 0.0 10 2.3 2.7 -4.5 20.0 -2.7 9.3 1.8 11 12 13 14 15 -1.5 3.8 15.7 32.2 12.2 5.4 1.7 5.5 22.2 3.9 -33.4 9.2 0.3 -16.9 7.8 80.1 3.1 6.2 1.1 5.6 -15.8 3.0 0.3 -7.6 18.8 -14.9 19.8 -1.0 6.5 -3.1 1.9 1.8 15.2 2.2 -16.0 16 17 18 4.4 6.1 3.2 3.4 5.9 1.6 2.8 3.7 2.7 5.7 9.4 3.1 3.7 7.7 -0.3 -1.5 -5.9 2.2 1.7 2.0 2.5 19 2.6 0.3 -0.8 1.9 4.0 2.8 -2.1 Residential.................................... 20 0.5 12.9 14.1 19.8 12.5 14.2 13.0 Structures................................. Permanent site...................... Single family...................... Multifamily......................... Other structures 7.................. 21 22 23 24 25 0.4 -3.6 -4.6 4.4 2.4 13.1 24.2 21.0 47.6 7.7 14.3 31.5 27.9 54.8 5.6 20.1 42.4 39.9 57.4 8.6 12.6 30.8 28.2 46.5 2.4 14.3 16.2 12.5 38.2 13.1 13.0 6.7 5.3 14.4 17.3 Equipment................................. 26 4.5 3.0 7.9 6.2 9.3 10.3 12.0 27 1.2 12.9 10.0 18.9 -8.0 15.8 28 29 30 0.8 2.1 -0.8 12.5 12.6 12.3 8.9 5.9 13.1 19.0 17.5 21.2 -9.8 -25.6 14.7 15.7 17.5 13.5 Addenda: Private fixed investment in structures................................ Private fixed investment in new structures................................ Nonresidential structures e... Residential structures 9........ Private fixed investment in information processing equipment and software....... 31 4.1 4.3 -0.4 14.5 2.4 1.4 IV 1 II III Percent change at annual rate: Private fixed investment.... 1 6.2 8.3 2.7 11.6 -1.5 6.5 5.4 Percentage points at annual rates: Nonresidential.............................. 2 6.16 6.01 0.28 8.09 -3.75 3.80 2.83 Structures.................................. Commercial and health care Manufacturing........................ Power and communication.... Mining exploration, shafts, and wells'......................... Other structures 2.................. 3 4 5 6 0.38 -0.02 -0.08 -0.33 2.21 0.34 0.27 0.71 1.05 0.49 0.10 0.65 3.10 -0.14 0.31 3.08 -5.29 -0.02 -0.11 -4.67 2.90 -0.22 -0.39 1.19 2.36 0.75 0.84 0.11 7 8 1.03 -0.22 0.69 0.21 -0.34 0.14 -0.10 -0.06 -0.08 -0.42 1.43 0.90 0.56 0.09 Equipment................................. Information processing equipment.......................... Computers and peripheral equipment...................... Other2................................ Industrial equipment............. Transportation equipment.... Other equipment1................ Intellectual property products Software 5............................... Research and development6 Entertainment, literary, and artistic originals.................. 9 4.55 2.89 -1.48 3.51 0.59 1.27 0.04 10 0.31 0.34 -0.53 2.21 -0.31 1.05 0.22 11 12 13 14 15 -0.06 0.36 1.18 2.02 1.05 0.19 0.16 0.45 1.74 0.36 -1.28 0.75 0.03 -1.66 0.69 1.91 0.30 0.52 0.23 0.54 -0.56 0.24 0.02 -0.68 1.56 -0.49 1.55 -0.07 0.56 -0.28 0.06 0.16 1.14 0.20 -1.52 16 17 18 1.22 0.75 0.38 0.91 0.72 0.19 0.71 0.43 0.30 1.49 1.08 0.35 0.94 0.86 -0.04 -0.37 -0.70 0.25 0.43 0.22 0.27 -0.06 19 0.09 0.01 -0.02 0.06 0.12 0.09 20 0.09 2.26 2.40 3.48 2.27 2.69 2.52 Structures.................................. Permanent site....................... Single family...................... Multifamily.......................... Other structures 7.................. 21 22 23 24 25 0.07 -0.22 -0.25 0.03 0.29 2.25 1.36 1.03 0.32 0.89 2.37 1.75 1.34 0.41 0.63 3.46 2.48 2.00 0.48 0.98 2.23 1.96 1.54 0.42 0.27 2.66 1.18 0.78 0.40 1.48 2.48 0.51 0.34 0.17 1.97 13.4 Equipment................................. 26 0.02 0.01 0.03 0.02 0.03 0.04 0.04 11.9 13.7 9.8 Addenda: Private fixed investment in structures................................ Private fixed investment in new structures................................ Nonresidential structures 8... Residential structures 9........ Private fixed investment in information processing equipment and software....... 27 0.45 4.46 3.42 6.56 -3.05 5.56 4.84 28 29 30 0.26 0.37 -0.11 3.81 2.19 1.61 2.70 1.04 1.66 5.81 3.07 2.74 -3.29 -5.24 1.95 4.79 2.90 1.90 3.78 2.35 1.43 31 1.06 1.06 -0.10 3.29 0.55 0.35 0.44 1.9 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. 2013 2012 Residential..................................... 1. Includes petroleum and mineral exploration. 2. 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. 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. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2012 III Nonresidential............................. Equipment................................. Information processing equipment.......................... Computers and peripheral equipment..................... Other ’................................ Industrial equipment............. Transportation equipment.... Other equipment4................ 2011 III II 1 1. Includes petroleum and mineral exploration. 2. 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. 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. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers' commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. National Data D-46 December 2013 Table 5.3.3. Real Private Fixed Investment by Type, Quantity Indexes Table 5.3.4. Price Indexes for Private Fixed Investment by Type [Index numbers, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Line 2011 2012 2012 III Private fixed investment.... Nonresidential............................. Structures................................. Commercial and health care Manufacturing........................ Power and communication... Mining exploration, shafts, and wells 1......................... Other structures2.................. Equipment................................. Information processing equipment.......................... Computers and peripheral equipment..................... Other3................................ Industrial equipment............. Transportation equipment.... Other equipment4................ Intellectual property products Software 5.............................. Research and development6 Entertainment, literary, and artistic originals................ Residential.................................... 2013 IV 1 II Line 2011 2012 III 2012 III 2013 IV I II III 107.844 116.766 116.675 119.914 119.467 121.362 122.954 Private fixed investment.... 1 100.506 101.852 102.045 102.386 102.967 103.478 103.854 2 110.225 118.263 117.938 120.717 119.318 120.685 121.723 Nonresidential.............................. 2 100.524 101.977 102.157 102.350 102.692 103.008 103.268 Structures.................................. Commercial and health care Manufacturing........................ Power and communication.... Mining exploration, shafts, and wells 1......................... Other structures 2................. 3 4 5 6 101.748 98.306 99.345 110.451 7 8 101.066 101.132 98.651 100.778 1 3 4 5 6 7 8 85.360 74.826 69.499 77.324 96.212 80.766 79.977 91.902 96.299 100.282 82.376 81.665 80.306 83.542 89.417 106.073 93.090 81.561 82.394 79.602 96.943 100.119 80.478 84.090 78.110 87.228 86.247 86.871 145.453 165.520 165.061 164.224 163.577 174.924 179.412 67.828 73.221 74.666 74.188 71.184 78.197 77.570 9 130.639 140.604 139.602 142.609 143.175 144.326 144.309 10 112.415 115.460 112.716 117.963 117.165 119.797 120.345 11 108.643 114.515 103.457 12 113.940 115.876 116.380 13 115.104 121.380 121.687 14 256.436 313.250 309.996 15 121.854 126.606 127.796 119.857 117.282 123.525 310.852 129.561 114.804 118.145 123.613 304.769 135.266 110.257 123.592 123.309 309.621 134.192 110.773 124.153 127.755 311.314 128.455 16 106.388 109.962 110.072 111.617 112.648 112.235 112.707 17 105.082 111.326 111.623 114.156 116.288 114.537 115.097 18 105.595 107.269 107.286 108.106 108.019 108.619 109.280 19 20 114.498 114.816 114.548 115.079 116.203 117.020 97.964 110.581 98.928 100.187 100.300 100.673 100.601 97.387 96.235 96.138 11 92.029 90.060 90.061 12 99.652 98.840 98.701 13 103.972 105.783 105.864 14 94.913 96.994 97.040 15 98.426 101.797 102.298 95.791 95.405 100.500 100.568 94.989 94.595 89.629 89.401 89.438 89.343 98.384 97.931 97.335 96.826 106.261 106.462 106.289 106.273 98.326 98.304 98.224 98.967 102.707 102.785 103.154 103.270 16 101.789 103.169 103.486 103.325 103.816 104.071 104.275 17 99.161 98.522 98.338 97.992 98.368 98.748 98.611 18 105.550 109.522 110.403 110.412 111.261 111.523 111.971 19 98.942 99.370 99.734 99.726 99.488 99.227 99.948 Structures.................................. Permanent site....................... Single family...................... Multifamily.......................... Other structures 7................. 21 100.564 101.396 101.673 102.691 104.324 105.697 106.589 22 99.436 100.191 100.602 101.246 102.920 104.156 104.635 23 99.086 99.933 100.323 101.058 103.032 104.471 105.039 24 100.473 100.612 100.691 100.758 100.759 100.912 100.928 25 101.152 102.026 102.220 103.464 105.068 106.529 107.692 Equipment................................. 26 111.404 117.839 127.808 81.903 108.036 116.631 128.724 139.000 91.742 110.293 120.136 137.672 147.909 100.932 110.946 118.880 121.819 125.329 27 91.140 107.934 105.705 109.664 113.156 28 29 30 89.827 101.040 101.327 105.841 103.155 106.974 85.455 96.223 96.310 100.266 93.135 96.975 96.320 108.190 108.773 114.120 118.093 121.879 110.027 100.134 124.769 103.371 108.745 113.410 112.206 116.080 116.769 117.169 117.723 1. Includes petroleum and mineral exploration. 2. 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. 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. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 101.086 102.931 105.625 106.710 101.686 102.748 103.597 104.380 124.214 128.066 142.939 145.270 152.344 154.320 109.440 113.174 114.402 119.046 26 110.728 114.009 114.532 116.261 31 101.019 101.105 20 100.392 101.246 101.505 102.500 104.088 105.396 106.238 Equipment................................. 102.905 Intellectual property products Software 5............................... Research and development6 Entertainment, literary, and artistic originals................. 9 10 103.856 104.164 105.189 106.521 107.275 101.137 101.565 102.452 103.277 103.845 101.736 102.076 102.740 103.413 104.141 114.395 114.690 114.903 115.460 115.906 Residential..................................... 21 97.698 22 92.560 23 103.645 24 52.443 25 100.416 110.502 114.999 125.412 77.426 108.154 116.412 Equipment................................. Information processing equipment.......................... Computers and peripheral equipment...................... Other3................................ Industrial equipment............. Transportation equipment.... Other equipment4................ 103.732 100.877 101.797 114.137 111.476 116.635 120.123 124.180 128.026 Structures................................. Permanent site...................... Single family...................... Multifamily......................... Other structures 7.................. Addenda: Private fixed investment in structures................................ Private fixed investment in new structures................................ Nonresidential structures 8... Residential structures 9........ Private fixed investment in information processing equipment and software...... Seasonally adjusted Addenda: Private fixed investment in structures................................ Private fixed investment in new structures................................ Nonresidential structures 8... Residential structures 9........ Private fixed investment in information processing equipment and software....... 92.953 91.970 90.477 27 101.134 102.541 102.740 103.405 104.744 106.098 106.925 28 101.907 103.415 29 101.789 103.784 30 102.115 102.976 103.619 103.907 103.291 31 98.244 94.726 97.342 94.247 97.202 94.185 93.689 104.011 105.304 106.503 107.111 104.205 105.225 106.551 107.298 103.809 105.442 106.491 106.933 96.856 96.847 96.825 96.557 1. Includes petroleum and mineral exploration. 2. 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. 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. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers' commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. December 2013 D-47 Survey of Current Business Table 5.3.5. Private Fixed Investment by Type Table 5.3.6. Real Private Fixed Investment by Type, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Seasonally adjusted at annual rates 2013 Line IV I II III 2011 2012 2013 2012 III IV I II III Private fixed investment.... 1 2,195.6 2,409.1 2,411.7 2,486.9 2,491.7 2,543.8 2,586.5 Private fixed investment..... 1 2,184.6 2,365.3 2,363.5 2,429.1 2,420.0 2,458.4 2,490.7 Nonresidential................................ 2 1,809.9 1,970.0 1,968.0 2,018.2 2,001.4 2,030.6 2,053.2 Nonresidential................................. 2 1,800.5 1,931.8 1,926.4 1,971.9 1,949.0 1,971.3 1,988.3 Structures................................... Commercial and health care Manufacturing.......................... Power and communication... Mining exploration, shafts, and wells '........................... Other structures 2................... 3 4 5 6 380.6 93.2 38.9 81.8 437.3 103.2 45.8 100.5 438.3 105.5 46.0 97.9 457.8 105.1 48.0 116.5 429.1 105.9 47.7 87.6 452.6 105.3 45.5 95.4 470.7 110.6 51.1 96.4 3 4 5 6 374.1 94.8 39.1 74.1 421.6 102.3 45.0 88.0 422.0 104.4 45.2 85.6 439.4 103.5 47.0 101.6 407.9 103.3 46.4 76.2 424.8 102.0 44.0 82.6 438.7 106.5 49.1 83.2 7 8 110.2 56.5 125.5 62.3 125.0 63.8 124.5 63.7 126.3 61.8 138.5 67.9 143.6 69.0 Structures.................................... Commercial and health care Manufacturing.......................... Power and communication.... Mining exploration, shafts, and wells 1........................... Other structures 2................... 7 8 109.0 57.3 124.1 61.9 123.7 63.1 123.1 62.7 122.6 60.1 131.1 65.5 134.5 66.1 Equipment................................... Information processing equipment............................ Computers and peripheral equipment...................... Other3................................... 9 841.7 905.9 899.5 918.8 922.5 929.9 929.8 10 287.9 295.7 288.6 302.1 300.0 306.8 308.2 Industrial equipment.............. Transportation equipment..... Other equipment5.................. 11 12 13 14 15 204.3 175.0 181.0 201.8 207.8 184.6 221.0 209.7 208.7 185.0 218.8 211.6 210.3 187.8 219.4 214.5 211.8 188.0 215.1 224.0 221.6 187.5 218.5 222.2 222.6 194.3 219.7 212.7 Intellectual property products Software 6................................. Research and development7 16 17 18 586.1 269.8 241.8 605.8 285.9 245.7 606.4 286.6 245.7 614.9 293.1 247.6 620.6 298.6 247.4 618.3 294.1 248.8 620.9 295.5 250.3 Equipment................................... Information processing equipment............................ Computers and peripheral equipment3.................... Other4.................................. 9 832.7 907.6 902.2 925.0 928.0 934.6 935.1 10 280.4 284.5 277.5 289.4 286.2 291.4 291.5 11 12 13 14 15 76.8 203.6 182.0 171.8 198.6 79.2 205.4 195.3 214.4 213.4 71.5 206.0 195.9 212.3 216.5 82.5 206.9 199.6 215.7 220.3 78.8 207.5 200.1 211.5 230.2 75.7 215.7 199.3 214.7 229.2 76.0 215.6 206.5 217.5 219.6 16 17 18 596.6 267.6 255.2 625.0 281.6 269.1 627.5 281.9 271.3 635.4 287.3 273.4 644.3 293.7 275.2 643.5 290.4 277.4 647.5 291.5 280.2 19 73.8 74.3 74.4 74.7 75.3 75.6 75.8 Entertainment, literary, and artistic originals................... 19 74.6 74.8 74.6 74.9 75.7 76.2 75.8 Residential....................................... 20 385.8 439.2 443.7 468.8 490.3 513.2 533.3 Residential........................................ 20 384.3 433.7 437.3 457.5 471.2 487.1 502.2 Structures................................... Permanent site........................ Single family........................ Multifamily........................... Other structures7................... 21 22 23 24 25 377.2 123.2 108.2 15.0 254.0 430.2 154.2 132.0 22.2 275.9 434.7 158.6 135.1 23.5 276.1 459.7 174.3 148.0 26.4 285.3 481.0 189.5 160.5 29.0 291.4 503.9 199.2 167.6 31.5 304.7 523.9 203.3 170.7 32.6 320.5 Structures..................................... Permanent site......................... Single family........................ Multifamily............................ Other structures 8................... 21 22 23 24 25 375.1 123.9 109.2 15.0 251.1 424.2 154.0 132.1 22.1 270.4 427.7 157.8 134.6 23.4 270.1 447.8 172.3 146.4 26.2 275.8 461.2 184.3 155.8 28.8 277.4 476.9 191.4 160.5 31.2 286.1 491.7 194.5 162.6 32.3 297.7 Equipment................................... 26 8.6 9.0 9.0 9.1 9.3 9.3 9.4 Equipment................................... Residual.............................................. 26 27 9.2 -5.9 9.5 -7.5 9.5 -6.5 9.7 -6.5 9.9 -9.2 10.1 -8.3 10.4 -7.6 structures.................................. Private fixed investment in new 27 757.8 867.5 873.0 917.4 910.1 956.4 994.6 749.3 846.0 849.8 887.4 869.0 901.6 930.3 28 29 30 668.9 381.0 288.0 763.6 437.4 326.2 767.2 438.3 328.9 804.4 457.7 346.8 793.8 429.3 364.5 832.5 452.6 379.9 861.2 470.6 390.6 structures.................................. Private fixed investment in new 28 structures.................................. Nonresidential structures 8... Residential structures9........ Private fixed investment in information processing equipment and software....... 29 30 31 656.4 374.3 282.0 738.4 421.4 316.8 740.5 421.8 318.5 773.4 439.1 334.1 753.8 407.9 345.8 781.7 424.7 356.8 804.0 438.6 365.3 31 547.9 566.2 559.4 576.6 580.0 581.8 583.0 structures.................................. Nonresidential structures9... Residential structures 10....... Private fixed investment in information processing equipment and software....... 32 557.7 581.6 575.5 595.3 598.9 600.9 603.8 Industrial equipment.............. Transportation equipment..... Other equipment4.................. Intellectual property products Software 5................................ Research and development6 Entertainment, literary, and artistic originals.................. Addenda: Private fixed investment in 1. Includes petroleum and mineral exploration. 2. 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. 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. Excludes software “embedded,” or bundled, in computers and other equipment. 6. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 7. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers' commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 8. Excludes net purchases of used structures and brokers' commissions on the sale of structures. 9. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Addenda: Private fixed investment in 1. Includes petroleum and mineral exploration. 2. 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. 3. 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. 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. Excludes software “embedded," or bundled, in computers and other equipment. 7. Research and development investment excludes expenditures for software development. Software development expenditures are included in software investment on line 17. 8. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, brokers’ commissions on the sale of residential structures and adjoining land, and other ownership transfer costs. 9. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. 10. Excludes net purchases of used structures and brokers’ commissions and other ownership transfer costs. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D-48 December 2013 Table 5.7.5B. Change in Private Inventories by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 IV III I II 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................................................................................................................................ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 36.4 -6.4 -4.2 24.0 22.0 2.0 21.7 30.2 -8.4 -1.8 -1.9 0.0 1.1 -1.0 3.1 66.1 -11.7 7.7 11.1 14.2 -3.1 22.4 22.5 -0.1 29.1 22.5 0.4 1.0 5.2 7.6 81.6 -23.9 -3.1 35.0 24.7 10.3 37.0 23.7 13.3 28.5 24.3 0.4 -1.2 5.0 8.2 13.0 -15.6 -2.2 -15.0 3.4 -18.3 11.3 15.6 -4.4 27.2 15.0 0.4 6.0 5.7 7.3 63.4 38.9 -11.1 6.7 5.9 0.8 11.2 12.1 -0.9 18.9 6.5 0.9 6.2 5.3 -1.1 77.2 40.4 0.5 12.4 8.7 3.7 3.0 6.1 -3.1 21.3 15.8 1.0 1.0 3.6 -0.4 146.0 43.9 10.7 22.9 17.8 5.2 32.2 26.9 5.4 32.9 14.2 0.3 5.3 13.1 3.3 Addenda: Change in private inventories..................................................................................................... Durable goods industries....................................................................................................... Nondurable goods industries................................................................................................ Nonfarm industries...................................................................................................................... Nonfarm change in book value 1........................................................................................... Nonfarm inventory valuation adjustment2.......................................................................... Wholesale trade........................................................................................................................... Merchant wholesale trade...................................................................................................... Durable goods industries................................................................................................... Nondurable goods industries............................................................................................ Nonmerchant wholesale trade.............................................................................................. 16 17 18 19 20 21 22 23 24 25 26 36.4 46.2 -9.8 42.8 125.7 -82.9 21.7 11.9 19.2 -7.3 9.9 66.1 64.6 1.5 77.8 92.8 -15.0 22.4 20.0 19.6 0.4 2.3 81.6 77.8 3.8 105.5 139.1 -33.6 37.0 27.8 19.2 8.6 9.1 13.0 39.3 -26.3 28.6 61.7 -33.1 11.3 15.2 15.0 0.2 -3.9 63.4 22.0 41.4 24.5 49.6 -25.0 11.2 16.5 17.2 -0.7 -5.4 77.2 30.7 46.6 36.9 34.7 2.2 3.0 -2.6 4.6 -7.2 5.6 146.0 65.0 81.0 102.1 86.0 16.1 32.2 32.2 23.9 8.3 0.0 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) underng 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. Note. Estimates in this table are based on the North American Industry Classification System (NAICS). Table 5.7.6B. Change in Real Private Inventories by Industry, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2013 2012 III IV I II 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................................................................................................................................ Residual............................................................................................................................................ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 33.6 -4.5 -3.6 21.0 20.0 1.8 20.0 28.2 -6.0 -1.5 -1.8 0.0 1.0 -0.8 2.9 -3.6 57.6 -7.2 7.0 9.8 13.0 -2.3 19.1 20.9 -O.1 26.7 20.7 0.3 0.9 4.9 6.9 -7.4 77.2 -13.6 -3.4 34.3 22.7 11.9 31.9 22.0 10.6 26.2 22.2 0.3 -1.1 4.9 7.3 -6.6 7.3 -9.6 -2.5 -17.5 3.1 -18.9 9.7 14.5 -3.2 24.7 13.7 0.4 5.5 5.3 6.6 -7.6 42.2 16.0 -9.8 6.1 5.4 0.9 9.7 11.2 -0.5 17.2 6.0 0.8 5.7 4.9 -0.9 2.5 56.6 19.5 0.5 10.9 8.0 3.1 2.7 5.7 -2.3 19.5 14.6 0.9 0.9 3.4 -0.4 2.7 116.5 22.4 9.4 20.0 16.5 4.2 28.4 25.1 4.9 30.0 13.1 0.3 4.8 12.0 2.9 0.9 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 trade.............................................................................................. 17 18 19 20 21 22 23 24 25 33.6 42.9 -6.5 39.7 20.0 11.4 17.9 -5.2 8.2 57.6 59.8 2.3 68.7 19.1 17.3 18.2 0.3 1.9 77.2 72.1 9.9 97.3 31.9 24.3 17.9 7.0 7.4 7.3 36.3 -24.5 20.3 9.7 13.2 13.9 0.3 -3.1 42.2 20.4 22.1 22.2 9.7 14.3 15.9 -0.4 -4.3 56.6 28.5 28.6 32.7 2.7 -2.2 4.4 -5.6 4.6 116.5 60.6 57.4 90.6 28.4 28.7 22.4 7.3 0.0 Note. Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2009) 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-49 Survey of Current Business Table 5.8.5B. Private Inventories and Domestic Final Sales by Industry [Billions of dollars] Seasonally adjusted quarterly totals Line 2013 2012 IV III I III II 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............................................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 2,378.9 242.6 89.5 727.5 410.7 316.8 634.7 338.5 296.2 522.8 153.1 48.3 88.1 233.3 161.8 2,388.3 241.3 94.5 723.3 412.7 310.6 635.9 344.0 292.0 529.0 155.6 49.0 89.8 234.6 164.4 2,405.2 241.8 92.8 733.6 415.0 318.6 638,1 346.5 291.7 534.2 157.0 49.3 91.3 236.6 164.6 2,410.8 249.2 95.9 727.7 414.1 313.5 635.3 345.4 289.9 538.9 160.3 49.9 91.8 236.9 163.8 2,436.0 250.7 95.7 736.8 419.6 317.2 640.0 352.9 287.1 547.1 163.8 50.0 92.7 240.5 165.8 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............................................................................................. 16 17 18 19 20 21 22 23 24 2,378.9 990.2 1,388.7 2,136.3 634.7 519.5 288.0 231.4 115.2 2,388.3 1,001.8 1,386.5 2,147.0 635.9 522.9 293.2 229.7 113.1 2,405.2 1,007.6 1,397.7 2,163.4 638.1 526.4 297.0 229.4 111.7 2,410.8 1,008.7 1,402.1 2,161.6 635.3 523.3 295.9 227.4 112.0 2,436.0 1,026.9 1,409.1 2,185.3 640.0 527.0 302.6 224.4 113.0 Final sales of domestic business 2.................................................................................. 25 917.7 929.9 934.8 943.7 955.3 Final sales of goods and structures of domestic business 2.................................... 26 501.5 509.5 510.2 515.6 525.3 Ratios of private inventories to final sales of domestic business: Private inventories to final sales........................................................................................... Nonfarm inventories to final sales........................................................................................ Nonfarm inventories to final sales of goods and structures.............................................. 27 28 29 2.59 2.33 4.26 2.57 2.31 4.21 2.57 2.31 4.24 2.55 2.29 4.19 2.55 2.29 4.16 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 GDR 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. Note. Estimates in this table are based on the North American Industry Classification System (NAICS). Table 5.8.6B. Real Private Inventories and Real Domestic Final Sales by Industry, Chained Dollars [Billions of chained (2009) dollars] Seasonally adjusted quarterly totals Line 2013 2012 III IV III II I 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........................................................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 2,031.0 160.1 85.7 631.2 378.1 254.7 536.5 314.8 225.0 475.6 139.8 42.2 80.7 213.0 146.1 -9.2 2,032.8 157.7 85.0 626.8 378.9 250.0 538.9 318.4 224.2 481.8 143.3 42.3 82.0 214.3 147.7 -11.0 2,043.3 161.8 82.6 628.3 380.2 250.2 541.3 321.2 224.1 486.1 144.8 42.5 83.5 215.6 147.5 -10.7 2,057.5 166.6 82.7 631.1 382.2 251.0 542.0 322.6 223.5 491.0 148.4 42.7 83.7 216.4 147.4 -9.7 2,086.6 172.2 85.0 636.1 386.3 252.0 549.1 328.9 224.7 498.5 151.7 42.8 84.9 219.4 148.1 -9.4 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............................................................................................. 17 18 19 20 21 22 23 24 25 2,031.0 917.6 1,119.7 1,876.0 536.5 444.0 267.7 178.7 92.1 2,032.8 926.7 1,113.6 1,881.1 538.9 447.3 271.2 178.8 91.3 2,043.3 931.8 1,119.2 1,886.6 541.3 450.9 275.2 178.7 90.3 2,057.5 938.9 1,126.3 1,894.8 542.0 450.4 276.2 177.3 91.4 2,086.6 954.1 1,140.7 1,917.4 549.1 457.5 281.8 179.1 91.4 Final sales of domestic business 2.................................................................................. 26 873.4 883.8 885.4 892.5 898.9 Final sales of goods and structures of domestic business 2.................................... 27 485.0 493.3 493.3 498.6 505.4 Ratios of private inventories to final sales of domestic business: Private inventories to final sales........................................................................................... Nonfarm inventories to final sales........................................................................................ Nonfarm inventories to final sales of goods and structures.............................................. 28 29 30 2.33 2.15 3.87 2.30 2.13 3.81 2.31 2.13 3.82 2.31 2.12 3.80 2.32 2.13 3.79 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. Note. Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2009) dollar inventory series are calculated to ensure that the chained (2009) dollar change in inventories for 2009 equals the current-dollar change in inventories for 2009 and that the average of the 2008 and 2009 end-of-year chain-weighted and fixed-weighted inventories are equal. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-50 December 2013 Table 5.8.9B. Implicit Price Deflators for Private Inventories by Industry [Index numbers, 2009=100] Seasonally adjusted 2012 Line 2013 I IV III II 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................................................................................................................................ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 117.132 151.502 104.546 115.254 108.611 124.392 118.309 107.530 131.667 109.920 109.454 114.441 109.194 109.543 110.738 117.491 152.965 111.083 115.392 108.923 124.266 118.002 108.030 130.226 109.792 108.638 115.686 109.427 109.450 111.283 117.711 149.496 112.419 116.758 109.145 127.358 117.881 107.874 130.156 109.891 108.458 115.982 109.360 109.759 111.624 117.171 149.570 115.964 115.308 108.345 124.930 117.204 107.049 129.705 109.773 108.024 116.856 109.693 109.485 111.126 116.744 145.602 112.527 115.833 108.600 125.865 116.548 107.286 127.763 109.749 107.954 116.959 109.238 109.636 111.885 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.............................................................................................. 16 17 18 19 20 21 22 23 24 117.132 107.913 124.017 113.876 118.309 116.986 107.596 129.528 125.080 117.491 108.106 124.506 114.140 118.002 116.882 108.115 128.482 123.789 117.711 108.130 124.886 114.672 117.881 116.745 107.943 128.401 123.745 117.171 107.429 124.486 114.081 117.204 116.192 107.116 128.282 122.455 116.744 107.632 123.536 113.970 116.548 115.179 107.351 125.333 123.567 1. Implicit price deflators are as of the end of the quarter and are consistent with inventory stocks. Note. Estimates in this table are based on the North American Industry Classification System (NAICS). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-51 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 2011 2012 2012 2013 IV III National income without capital consumption adjustment..................................... 1 13,130.0 14,016.0 14,010.3 Domestic industries........................................................................................................................ 2 12,869.2 13,763.2 Private industries........................................................................................................................ Agriculture, forestry, fishing, and hunting.............................................................................. Mining........................................................................................................................................ Utilities....................................................................................................................................... Construction.............................................................................................................................. Manufacturing........................................................................................................................... Durable goods....................................................................................................................... Nondurable goods................................................................................................................ Wholesale trade........................................................................................................................ Retail trade................................................................................................................................ Transportation and warehousing............................................................................................ Information................................................................................................................ Finance, insurance, real estate, rental, and leasing............................................................. Professional and business services 1.................................................................................... Educational services, health care, and social assistance................................................... Arts, entertainment, recreation, accommodation, and food services................................. Other services, except government....................................................................................... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 11,182.4 150.1 233.0 171.8 541.1 1,412.0 785.7 626.3 772.0 898.6 380.6 442.8 2,176.4 1,779.1 1,334.3 508.9 381.8 12,070.5 159.4 254.5 202.0 586.9 1,561.5 879.7 681.8 852.8 959.0 423.7 487.2 2,312.8 1,920.3 1,396.9 554.5 399.0 Government.................................................................................................................................. 20 1,686.8 Rest of the world............................................................................................................................. 21 260.8 I II III 14,251.4 14,354.5 14,495.5 14,630.0 13,762.7 13,994.4 14,117.1 14,248.7 14,365.9 12,071.9 159.6 249.7 205.9 583.2 1,542.2 873.6 668.6 845.8 950.3 421.9 506.8 2,336.4 1,920.0 1,397.8 553.6 398.7 12,303.9 159.8 261.4 199.6 604.4 1,574.8 882.8 692.0 874.3 977.9 421.8 476.2 2,366.3 2,006.8 1,413.1 562.6 404.8 12,432.9 226.4 247.6 209.1 618.2 1,568.1 878.8 689.2 870.0 971.4 434.0 496.0 2,418.9 1,973.6 1,423.7 569.7 406.1 12,568.6 220.3 254.3 216.5 629.0 1,558.9 888.1 670.1 874.4 995.8 436.3 507.2 2,448.1 2,004.7 1,438.9 577.1 409.7 12,690.7 1,692.7 1,690.7 1,690.5 1,684.3 1,680.1 1,675.2 252.8 247.6 257.0 237.4 246.8 264.1 Consists of professional, scientific, and technical services; management of companies and enterprises; and administrative and waste management services. Note. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS). 1. Table 6.16D. Corporate Profits by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 III IV I II III Corporate profits with inventory valuation and capital consumption adjustments 1 1,877.7 2,009.5 2,012.3 2,047.2 2,020.6 2,087.4 2,125.7 Domestic industries........................................................................................................................ Financial '...................................................................................................................................... Nonfinancial................................................................................................................................... 2 3 4 1,441.2 355.6 1,085.6 1,590.5 422.0 1,168.5 1,599.8 451.4 1,148.4 1,629.1 435.8 1,193.4 1,622.1 431.7 1,190.3 1,684.3 456.2 1,228.1 1,705.9 464.8 1,241.1 Rest of the world............................................................................................................................. Receipts from the rest of the world............................................................................................ Less: Payments to the rest of the world..................................................................................... 5 6 7 436.6 653.7 217.2 418.9 665.9 247.0 412.5 661.1 248.6 418.1 677.2 259.1 398.5 657.5 259.0 403.1 658.7 255.6 419.8 667.8 248.0 Corporate profits with inventory valuation adjustment................................................. 8 1,791.3 2,180.0 2,186.6 2,221.1 2,180.0 2,248.6 2,286.8 Domestic industries........................................................................................................................ Financial......................................................................................................................................... Federal Reserve banks............................................................................................................ Other financial2........................................................................................................................ Nonfinancial................................................................................................................................... Utilities....................................................................................................................................... Manufacturing........................................................................................................................... Durable goods....................................................................................................................... Fabricated metal products.............................................................................................. Machinery......................................................................................................................... Computer and electronic products................................................................................ Electrical equipment, appliances, and components.................................................... Motor vehicles, bodies and trailers, and parts............................................................. Other durable goods3.................................................................................................... Nondurable goods................................................................................................................ Food and beverage and tobacco products.................................................................... Petroleum and coal products..... ................................................................................... Chemical products........................................................................................................... Other nondurable goods 4.............................................................................................. Wholesale trade........................................................................................................................ Retail trade................................................................................................................................ Transportation and warehousing............................................................................................ Information................................................................................................................................ Other nonfinancial5................................................................................................................. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 1,354.8 384.1 75.9 308.1 970.7 11.1 303.9 135.6 17.9 24.7 34.0 5.2 -4.6 58.4 168.3 40.7 48.4 56.8 22.4 96.3 116.1 32.1 87.4 323.7 1,761.1 477.4 71.7 405.7 1,283.7 37.1 404.3 197.0 24.3 33.5 39.5 10.3 12.1 77.3 207.3 49.7 60.0 65.3 32.4 137.8 149.2 51.5 110.6 393.2 1,774.0 507.2 67.5 439.8 1 266 8 ' 40.8 1,803.0 492.1 73.3 418.7 1,3109 ' 33.6 410.1 195.3 23.7 29.5 36.6 12.2 13.4 79.8 214.8 48.0 69.1 64.0 33.6 144.4 159.0 47.1 102.5 414.2 1,845.5 511.9 82.1 429.8 1 333 6 47.2 381.8 195.4 24.6 31.0 36.7 9.6 14.5 79.0 186.4 57.2 27.1 66.1 36.0 151.1 169.9 57.6 131.8 394.2 1,867.0 520.4 90.4 430.0 1 346 6 387.8 192.6 24.5 37.1 38.7 9.5 8.7 74.1 195.2 52.9 53.0 56.1 33.2 131.6 142.5 52.2 112.9 399.0 1,781.5 486.9 70.0 416.9 1 294 6 38.3 389.7 186.7 23.5 24.6 35.1 10.8 9.9 82.7 203.0 49.3 57.4 63.4 32.9 150.2 148.9 54.5 124.2 388.9 Rest of the world............................................................................................................................. 33 436.6 418.9 412.5 418.1 398.5 403.1 419.8 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). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis National Data D-52 December 2013 7. Supplemental Tables Table 7.1. Selected Per Capita Product and Income Series in Current and Chained Dollars [Dollars] Seasonally adjusted at annual rates Line 2013 2012 2012 2011 IV III I II III Current dollars: Gross domestic product..................................................................................................... Gross national product....................................................................................................... Personal income.................................................................................................................. Disposable personal income............................................................................................. Personal consumption expenditures................................................................................ Goods.............................................................................................................................. Durable goods............................................................................................................ Nondurable goods...................................................................................................... Services........................................................................................................................... 1 2 3 4 5 6 7 8 9 49,782 50,618 42,275 37,776 34,329 11,546 3,621 7,925 22,783 51,689 52,493 43,731 38,965 35,477 11,995 3,827 8,168 23,482 51,996 52,783 43,557 38,800 35,585 12,032 3,835 8,197 23,552 52,101 52,917 44,654 39,727 35,809 12,140 3,905 8,235 23,668 52,382 53,134 44,115 38,955 36,048 12,202 3,943 8,258 23,846 52,690 53,471 44,548 39,270 36,138 12,171 3,977 8,194 23,967 53,315 54,149 44,927 39,673 36,371 12,337 4,019 8,318 24,034 Chained (2009) dollars: Gross domestic product..................................................................................................... Gross national product....................................................................................................... Disposable personal income............................................................................................. Personal consumption expenditures................................................................................ Goods.............................................................................................................................. Durable goods............................................................................................................ Nondurable goods...................................................................................................... Services........................................................................................................................... Population (midperiod, thousands)........................................................................................ 10 11 12 13 14 15 16 17 18 48,239 48,990 36,293 32,981 10,960 3,708 7,262 22,020 312,036 49,226 49,934 36,756 33,466 11,245 3,967 7,308 22,218 314,278 49,383 50,073 36,538 33,510 11,275 3,985 7,321 22,232 314,564 49,307 50,021 37,260 33,585 11,357 4,078 7,319 22,226 315,162 49,368 50,020 36,438 33,719 11,442 4,129 7,356 22,274 315,671 49,587 50,264 36,743 33,813 11,510 4,185 7,374 22,300 316,206 49,932 50,656 36,939 33,865 11,603 4,255 7,403 22,260 316,810 Table 7.2.1 B. Percent Change from Preceding Period in Real Motor Vehicle Output [Percent] Seasonally adjusted at annual rates Line 2012 2011 Truck output........................................................................................................... 1 2 3 10.1 5.4 12.5 13.2 23.5 8.4 Final sales of domestic product........................................................................................ 4 15.1 9.0 Personal consumption expenditures.......................................................................... New motor vehicles........’............................................................................................... Used autos.................................................................................................................. Used light trucks (including utility vehicles)............................................................ 5 6 7 8 9 10 11 5.2 10.9 11.7 10.4 -4.8 6.1 -13.2 8.4 12.0 16.8 9.1 1.0 -1.7 3.4 Private fixed investment.................................................................................................. 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)............................................................ 12 13 14 15 16 17 18 19 20 36.9 14.5 3.2 22.4 17.8 36.7 -12.9 -8.0 -17.1 21.5 13.3 20.1 9.2 7.0 15.0 -2.4 -3.0 -1.9 Gross government investment...................................................................................... Autos................................................................................................................................ Trucks............................................................................................................................... 21 22 23 -8.1 -3.0 -9.3 Net exports........................................................................................................................ Exports............................................................................................................................. Autos............................................................................................................................ Trucks........................................................................................................................... Imports............................................................................................................................. Autos............................................................................................................................ Trucks........................................................................................................................... 24 25 26 27 28 29 30 Change in private inventories............................................................................................ Autos..................................................................................................................................... New.................................................................................................................................. Domestic..................................................................................................................... Foreign......................................................................................................................... Used................................................................................................................................. Trucks................................................................................................................................... New.................................................................................................................................. Domestic..................................................................................................................... Foreign......................................................................................................................... Used '.............................................................................................................................. 31 32 33 34 35 36 37 38 39 40 41 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.......................................................................................... 42 43 44 45 Motor vehicle output............................................................................................... Auto output........'..................................................................................................... Autos............................................................................................................................ Light trucks (including utility vehicles)..................................................................... Net purchases of used autos and used light trucks........................................ .7.............................................. IV I II III -2.8 -3.4 -2.4 9.2 7.2 10.3 12.1 -14.4 28.1 -12.7 -29.2 -4.1 3.7 8.4 15.3 -3.7 -6.0 10.0 5.4 3.4 6.7 21.7 13.7 29.2 17.2 11.2 13.1 9.9 32.0 27.7 35.9 5.5 2.3 -4.1 6.6 12.9 2.3 22.7 -1.0 0.4 -12.2 9.1 -4.1 -8.7 -0.1 5.9 5.2 8.6 3.2 7.5 13.3 3.1 0.6 2.5 3.4 1.9 11.7 -18.2 6.9 -9.3 24.5 -10.8 14.6 33.1 3.9 16.6 -23.5 105.7 71.8 139.6 2.5 13.4 6.2 18.5 27.7 -4.5 39.9 12.7 65.3 15.7 8.3 -1.0 14.8 7.6 38.6 -5.1 -18.6 5.9 -1.3 1.2 6.8 -2.2 -0.8 -6.1 6.4 11.2 3.1 2.5 -14.7 6.8 107.4 77.1 113.6 -44.4 -28.2 -47.0 17.5 -26.0 28.2 38.0 -0.6 45.8 -6.4 34.1 -11.8 18.9 19.6 18.1 7.2 8.9 4.8 8.4 14.2 2.5 18.1 19.2 16.6 -10.3 -13.3 -6.9 14.6 6.0 28.1 5.8 30.3 -16.7 -2.6 10.1 -18.3 8.6 1.6 17.4 -16.5 -1.4 -35.8 17.9 20.3 15.3 38.4 44.5 28.8 -8.4 -3.1 -14.3 23.2 8.9 50.9 12.0 10.8 8.0 8.5 11.9 12.9 33.2 9.1 9.4 7.7 24.5 -7.6 5.0 24.2 -3.1 30.4 4.9 17.1 11.9 -8.6 5.0 3.5 -9.5 9.1 3.2 ?6 -9.2 11.4 0.2 7.6 -3.4 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2013 2012 III December 2013 D-53 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, 2009=100] [Index numbers, 2009=100] Seasonally adjusted Seasonally adjusted Line 2011 2012 2012 III Motor vehicle output..... Auto output.................... Truck output.................. Final sales of domestic product Personal consumption expenditures........................ 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 investment........ 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)........................ IV I II Line 4 131.333 143.104 143.492 146.411 151.714 150.283 147.962 5 106.670 115.650 115.509 120.174 121.780 121.469 123.221 6 119.576 133.966 133.963 137.558 138.326 138.465 140.228 7 107.889 126.011 124.708 128.614 127.283 123.224 125.793 8 9 10 128.309 139.945 140.909 144.284 146.601 149.828 151.008 87.414 93.699 96.585 94.793 100.762 101.334 95.586 97.326 99.042 102.188 86.934 97.985 87.779 96.360 2011 11 78.613 81.303 81.835 88.354 92.989 92.957 93.658 12 13 14 15 354.561 158.698 136.426 175.788 430.713 179.767 163.903 191.965 438.533 179.306 160.409 193.816 426.180 185.504 172.311 195.682 428.824 191.441 174.924 204.155 444.756 195.315 174.472 211.322 443.337 195.889 177.379 210.135 2012 2012 III 1 143.428 162.380 163.327 162.190 165.810 170.616 164.921 2 124.198 153.382 154.351 153.002 155.672 149.729 137.359 3 154.870 167.884 168.826 167.810 171.985 182.978 181.068 III Motor vehicle output..... Auto output.................... Truck output................... Final sales of domestic product Personal consumption expenditures........................ 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)........................ 1 2 3 2013 IV I II III 106.765 108.896 109.030 109.248 109.475 110.221 110.845 105.846 106.840 106.622 106.778 107.240 107.370 107.099 107.208 109.919 110.241 110.493 110.592 111.656 112.700 4 106.534 108.639 108.753 108.978 109.239 109.950 110.592 5 109.248 110.793 110.940 110.787 111.109 111.541 111.656 6 104.919 106.740 107.032 107.254 107.442 108.068 108.460 7 103.983 105.444 105.501 105.752 106.222 106.207 106.020 8 105.573 107.631 108.065 108.267 108.268 109.301 9 10 116.992 117.835 116.938 117.794 117.595 116.517 117.153 117.112 116.560 117.047 117.324 117.729 116.425 115.597 11 117.118 117.949 118.142 115.896 116.725 117.702 117.371 110.056 93.384 92.604 12 89.573 91.508 91.532 92.924 92.783 13 104.643 106.470 106.686 106.948 107.159 107.596 107.910 14 103.864 105.287 105.337 105.581 106.048 106.037 105.849 15 105.244 107.329 107.654 107.930 107.968 108.698 109.339 18 19 74.406 81.411 72.614 78.975 68.740 72.990 82.327 83.569 89.533 86.106 88.372 81.799 89.748 83.997 20 68.862 67.579 65.376 81.338 92.232 93.556 94.282 Private fixed investment......... 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)........................ 92.993 96.820 104.930 103.213 80.042 74.236 74.118 79.757 96.129 102.283 112.395 108.922 Gross government investment............................ Autos....................................... Trucks..................................... 21 102.735 105.017 105.163 105.823 106.478 106.179 106.448 99.998 22 99.124 99.666 99.683 99.741 103.658 101.371 23 103.646 106.341 106.509 107.292 107.302 107.352 107.913 182.977 196.648 168.732 195.984 200.609 188.845 Net exports................................ Exports................................... Autos................................... Trucks................................. Imports.................................... Autos................................... Trucks................................. 24 25 26 27 28 29 30 Change in private inventories. .. Autos............................................ New........................................ Domestic............................ Foreign................................ Used Trucks New Domestic Foreign................................ Used 1..................................... 31 32 33 34 35 36 37 38 39 40 41 16 176.541 188.940 191.392 198.900 211.428 215.346 214.887 17 173.877 199.978 200.269 187.293 185.126 200.870 197.745 Gross government investment............................ Autos...................................... Trucks..................................... 21 22 23 90.058 92.865 89.382 Net exports................................ Exports................................... Autos.................................. Trucks................................. Imports................................... Autos.................................. Trucks................................. 24 25 26 27 28 29 30 162.222 159.904 164.752 150.101 146.610 155.053 Change in private inventories... Autos........................................... New........................................ Domestic........................... Foreign............................... Used .. Trucks New .................................. Domestic ............... Foreign............................... Used 1 31 32 33 34 35 36 37 38 39 40 41 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 2013 92.267 107.683 86.944 79.227 95.416 112.679 175.860 182.596 168.811 177.308 174.775 180.827 173.357 176.426 170.147 180.605 175.499 187.918 175.807 188.489 162.571 179.420 179.767 178.673 179.463 189.254 169.214 171.508 179.143 159.944 187.024 198.186 175.353 186.022 196.396 170.377 42 132.962 148.806 150.346 152.188 154.030 155.910 157.146 43 155.888 176.025 175.423 185.172 192.613 194.292 195.548 44 139.567 185.904 191.685 190.192 195.615 190.804 186.270 45 123.958 135.201 130.154 139.079 135.999 138.992 142.810 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 16 105.436 107.491 107.935 108.141 108.142 109.169 109.926 17 104.705 106.864 106.894 107.356 107.500 107.373 107.686 18 117.076 118.098 118.850 115.737 116.804 118.704 117.730 19 116.824 117.897 118.648 115.529 116.558 118.473 117.590 20 117.291 102.800 101.761 103.895 102.060 102.483 101.528 118.265 119.019 115.910 117.007 118.896 117.859 104.628 102.833 106.566 102.997 104.231 101.351 104.624 102.780 106.636 103.043 104.130 101.570 104.615 102.195 107.321 103.741 105.101 101.875 105.370 102.705 108.380 103.976 105.493 101.872 105.416 102.728 108.453 102.872 104.115 101.211 105.706 102.722 109.113 102.566 103.994 100.609 42 105.613 107.368 107.474 107.894 108.075 108.280 108.641 43 104.635 106.393 106.650 106.874 107.097 107.637 107.952 44 101.957 103.393 103.446 103.439 103.897 103.822 103.546 45 103.919 105.393 105.454 105.705 106.172 106.158 105.971 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. National Data D-54 December 2013 Table 7.2.5B. Motor Vehicle Output Table 7.2.6B. Real Motor Vehicle Output, Chained Dollars [Billions of dollars] [Billions of chained (2009) dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 III Seasonally adjusted at annual rates Line 2013 IV I II 2011 2012 III 2012 2013 III IV I II III Motor vehicle output..... Auto output.................... Truck output................... 1 2 3 377.7 120.9 256.7 436.1 150.8 285.3 439.2 151.4 287.7 437.0 150.3 286.6 447.8 153.6 294.2 463.7 147.9 315.8 450.8 135.3 315.5 Motor vehicle output..... Auto output.................... Truck output.................. 1 2 3 354.0 114.4 239.6 400.8 141.3 259.7 403.1 142.2 261.2 400.3 140.9 259.6 409.3 143.4 266.1 421.1 137.9 283.1 407.1 126.5 280.1 Final sales of domestic product 4 377.8 419.8 421.4 430.9 447.5 446.2 441.9 Final sales of domestic product 4 354.7 386.5 387.5 395.4 409.7 405.8 399.6 5 6 7 283.0 198.0 76.8 306.8 221.9 89.7 306.4 221.9 88.8 318.8 227.8 91.5 323.1 229.1 90.6 322.2 229.3 87.7 326.9 232.3 89.5 8 121.2 132.2 133.1 136.3 138.5 141.5 142.6 9 10 86.6 41.8 87.5 41.1 87.1 40.4 93.4 43.0 96.3 43.2 95.3 42.3 97.0 43.6 Personal consumption expenditures........................ 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 investment........ 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)........................ 5 6 7 309.1 207.8 79.9 339.9 236.8 94.6 339.9 237.5 93.6 353.2 244.3 96.8 358.9 246.1 96.2 359.4 247.8 93.1 365.0 251.9 94.9 8 127.9 142.3 143.8 147.5 149.9 154.7 157.0 9 10 101.4 48.9 103.1 48.4 102.5 47.3 108.8 50.4 112.8 50.9 111.6 49.2 113.1 50.4 11 52.5 54.7 55.1 58.4 61.9 62.4 62.7 12 13 14 15 128.7 196.4 73.3 123.1 159.7 226.3 89.2 137.1 162.6 226.2 87.4 138.8 160.4 234.6 94.1 140.5 161.2 242.6 95.9 146.7 166.9 248.5 95.7 152.8 167.7 250.0 97.1 152.9 16 17 89.5 33.6 97.7 39.4 99.4 39.5 103.4 37.1 110.0 36.7 113.1 39.8 113.6 39.3 18 19 -67.7 -32.7 -66.7 -32.0 -63.6 -29.8 -74.2 -33.2 -81.4 -34.5 -81.6 -33.4 -82.2 -34.0 20 -35.0 -34.6 -33.8 -40.9 ^46.9 -48.3 Personal consumption expenditures........................ 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)........................ -48.2 Private fixed investment......... 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)........................ 11 44.8 46.3 46.6 50.4 53.0 53.0 53.4 12 13 14 15 143.6 187.7 70.5 117.0 174.5 212.6 84.8 127.7 177.7 212.0 83.0 129.0 172.6 219.4 89.1 130.2 173.7 226.4 90.5 135.8 180.2 231.0 90.2 140.6 179.6 231.6 91.7 139.8 16 17 84.9 32.1 90.9 36.9 92.1 36.9 95.7 34.5 101.7 34.1 103.6 37.0 103.4 36.5 18 19 -57.8 -28.0 -56.5 -27.2 -53.4 -25.1 -64.0 -28.7 -69.6 -29.6 -68.7 -28.1 -69.8 -28.9 20 -29.9 -29.3 -28.3 -35.3 -40.0 -40.6 -40.9 21 22 23 15.8 3.3 12.5 16.2 2.8 13.3 18.9 3.1 15.7 16.3 2.8 13.4 17.0 2.6 14.3 18.4 2.6 15.7 18.1 2.8 15.2 Gross government investment............................ Autos...................................... Trucks..................................... 21 22 23 16.2 3.3 12.9 17.0 2.8 14.2 19.8 3.1 16.7 17.2 2.8 14.4 18.1 2.7 15.3 19.5 2.7 16.8 19.2 2.8 16.4 Gross government investment............................ Autos....................................... Trucks..................................... Net exports................................ Exports................................... Autos.................................. Trucks................................. Imports................................... Autos.................................. Trucks................................. 24 25 26 27 28 29 30 -76.2 66.7 33.9 32.8 142.8 82.6 60.2 -96.7 73.6 39.1 34.4 170.3 100.2 70.1 -101.0 72.5 37.8 34.7 173.5 100.5 73.0 -100.0 73.5 40.1 33.4 173.5 103.9 69.6 -90.6 75.6 40.5 35.1 166.2 103.9 62.3 -99.6 78.8 42.4 36.4 178.4 112.4 66.0 -110.1 77 3 42.1 35.2 187 4 114.7 72.7 Net exports................................ Exports................................... Autos................................... Trucks................................. Imports.................................... Autos................................... Trucks................................. 24 25 26 27 28 29 30 -75.1 64.8 33.3 31.5 139.9 80.6 59.3 -95.0 70.3 38.0 32.3 165.3 96.1 69.2 -99.1 69.3 36.8 32.6 168.4 96.5 71.9 -97.0 70.3 39.3 31.1 167.3 98.8 68.4 -88.2 71 7 39.4 32.4 159.9 98.5 61.2 -98.7 74 8 41.3 33.6 173.4 108.0 65.2 -109.6 73 1 41.0 32.3 182.7 110.3 72.2 Change in private inventories... Autos........................................... New........................................ Domestic............................ Foreign............................... Used....................................... Trucks.......................................... New........................................ Domestic........................... Foreign............................... Used 1 ”.................................. 31 32 33 34 35 36 37 38 39 40 41 -0.2 -2.9 -0.6 0.7 -1.4 -2.3 2.7 2.9 3.1 -0.2 -0.2 16.2 8.8 8.7 6.7 2.0 0.1 7.4 8.8 7.7 1.1 -1.3 17.8 12.5 13.1 10.7 2.4 -0.6 5.3 8.0 7.5 0.5 -2.7 6.1 3.1 2.8 3.4 -0.6 0.3 3.0 1.0 1.9 -0.9 1.9 0.3 5.7 5.8 4.4 1.4 0.0 -5.5 -9.6 -9.1 -0.5 4.1 17.5 10.6 12.8 6.3 6.5 -2.2 7.0 2.8 1.3 1 6 4.1 8.9 -3.3 -3.2 -1.5 -1.7 -0.1 12.2 7.9 9.1 -1 2 4.3 Change in private inventories. .. Autos............................................ New.......................................... Domestic............................ Foreign................................ Used....................................... Trucks........................................... New......................................... Domestic............................ Foreign................................ Used 1..................................... Residual........................................... 31 32 33 34 35 36 37 38 39 40 41 42 0.4 -2.5 -0.7 0.7 -1.4 -1.8 2.8 2.9 3.1 -0.2 0.0 -1.3 15.8 8.6 8.7 6.8 2.0 0.2 7.3 8.4 7.4 1.0 -1.0 -2.1 17.3 12.1 13.0 10.8 2.3 -0.4 5.3 7.6 7.2 0.4 -2.2 -2.3 6.1 3.2 2.8 3.5 -0.6 0.4 2.9 1.0 1.8 -0.9 1.8 -1.6 0.3 5.7 5.7 4.4 1.3 0.1 -5.2 -9.1 -8.6 -0.5 3.7 -2.1 16.8 10.4 12.7 6.4 6.2 -1.7 6.4 2.7 1.2 1.5 3.6 -2.7 8.5 -3.0 -3.2 -1.5 -1.6 0.0 11.2 7.5 8.6 -1.2 3.9 -0.8 42 454.0 516.6 522.4 530.9 538.2 545.8 551.9 43 429.9 481.1 486.1 492.0 498.0 504.1 508.1 43 44 45 162.8 85.2 95.3 186.9 115.1 105.4 186.7 118.7 101.5 197.5 117.8 108.7 205.9 121.7 106.8 208.7 118.6 109.1 210.7 115.5 111.9 44 45 46 155.6 83.6 91.7 175.7 111.3 100.0 175.1 114.8 96.2 184.8 113.9 102.8 192.3 117.1 100.6 193.9 114.2 102.8 195.2 111.5 105.6 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. 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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. 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. Note. Chained (2009) dollar series are calculated as the product of the chain-type quantity index and the 2009 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines, excluding the lines in the addenda. December 2013 D-55 Survey of Current Business Table 7.5. Consumption of Fixed Capital by Legal Form of Organization and Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2011 2012 2012 2013 III IV I II III Consumption of fixed capital............................................................................... 1 2,452.6 2,542.9 2,555.1 2,575.0 2,603.8 2,631.9 2,655.7 Private.................................................................................................................................... 2 1,974.4 2,049.3 2,059.8 2,077.6 2,103.3 2,128.5 2,149.8 Domestic business......................................................................................................... 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 nonoperatorlandlords........................................................ 1,571.6 1,306.0 170.2 1,135.8 265.6 225.4 25.6 199.8 40.2 37.5 35.1 0.3 0.2 1.9 2.6 1,639.4 1,365.7 177.5 1,188.2 273.7 233.3 26.6 206.6 40.4 37.7 35.2 0.3 0.2 1.9 2.7 1,648.4 1,373.6 178.4 1,195.2 274.8 234.3 26.7 207.6 40.5 37.8 1,661.4 1,384.4 179.7 1,204.7 277.0 236.1 26.8 209.3 40.9 38.2 1,680.6 1,400.4 181.9 1,218.5 280.1 238.7 26.9 211.7 41.5 38.7 1,698.9 1,415.7 184.1 1,231.6 283.2 241.3 27.2 214.1 41.9 39.2 1,714.4 1,428.7 185.6 1,243.1 285.7 243.4 27.3 216.1 42.3 39.6 Nonfarm nonresidential properties................................................................. Proprietors’ income........... ............................................................................ 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 2.7 2.7 2.7 2.7 2.8 Households and institutions......................................................................................... Owner-occupied housing.............................................................................................. Nonprofit institutions serving households.................................................................. 18 19 20 402.9 290.8 112.1 409.9 292.6 117.3 411.4 293.4 118.0 416.2 297 2 1190 422.7 302 5 1202 429.6 308 1 121 5 435.4 312 8 122 6 Government........................................................................................................................... General government.......................................................................................................... Federal............................................................................................................................ State and local............................................................................................................... Government enterprises................................................................................................... Federal............................................................................................................................ State and local............................................................................................................... 21 22 23 24 25 26 27 478.1 421.2 249.7 171.4 57.0 6.7 50.3 493.6 434.2 255.3 178.8 59.4 6.9 52.5 495.3 435.6 256.0 179.6 59.7 6.9 52.8 497.4 437.3 256.7 180.6 60.2 7.0 53.2 500.5 439.2 258.5 180.7 61.3 7.0 54.2 503.4 441.5 259.7 181.8 61.9 7.1 54.8 506.0 443.7 260.6 183.1 62.3 7.1 55 2 Addendum: Nonfarm business.............................................................................................................. 28 1,591.4 1,659.9 1,669.0 1,682.3 1,702.3 1,720.8 1,736.5 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December 2013 D-56 B. NIPA-Related Table Table B.l presents the most recent estimates of personal income and its disposition. These estimates were released on December 6, 2013. Table 6.1 Personal Income and Its Disposition 2012 2011 Sept. Personal income....................................................................... Compensation of employees, received.................................... Wages and salaries................................................................ Private industries................................................................ Goods-producing industries......................................... Manufacturing............................................................ Service-producing industries........................................ Trade, transportation, and utilities.......................... Other services-producing industries...................... Government........................................................................ 2013 2012 Oct. Nov. Dec. Jan. Feb. March April' May ' June r July' Aug.r Sept.' Oct. p 13,191.3 13,743.8 13,758.3 13,815.3 13,983.9 14,420.2 13,791.7 13,969.3 14,016.8 14,031.9 14,088.3 14,138.4 14,162.3 14,236.6 14,300.9 14,290.1 8,278.5 8,611.6 8,645.5 8,674.7 8,777.2 8,910.3 8,705.8 8,762.6 8,776.4 8,803.2 8,830.4 8,872.9 8,848.8 8,894.5 8,923.9 8,935.0 6,638.7 6,926.8 6,954.9 6,981.6 7,077.3 7,200.8 7,001.5 7,053.7 7,065.9 7,088.6 7,112.9 7,151.4 7,127.5 7,168.6 7,194.2 7,203.2 5,803.5 5,857.5 5,872.5 5,894.2 5,918.2 5,958.3 5,941.4 5,979.9 5,997.0 6,005.9 5,444.3 5,729.4 5,757.2 5,783.8 5,877.8 6,000.1 1,203.2 1,204.5 1,186.2 1,194.4 1,189.8 1,198.7 1,102.1 1,154.0 1,150.0 1,142.8 1,160.6 1,197.4 1,163.7 1,178.4 1,179.4 1,180.9 752.3 754.3 749.2 745.2 745.1 743.9 744.8 744.5 750.8 707.1 735.4 732.9 735.2 725.2 761.2 736.1 4,713.3 4,732.1 4,763.9 4,751.5 4,781.3 4,793.8 4,801.4 4,342.2 4,575.4 4,607.2 4,641.0 4,717.2 4,802.6 4,639.8 4,679.2 4,693.1 1,123.3 1,126.5 1,124.9 1,135.7 1,135.9 1,140.7 1,122.5 1,119.9 1,046.2 1,093.7 1,097.0 1,102.5 1,116.6 1,123.6 1,107.0 1,116.1 3,570.6 3,593.4 3,608.7 3,637.4 3,626.6 3,645.5 3,657.8 3,660.7 3,296.0 3,481.7 3,510.3 3,538.6 3,600.6 3,679.0 3,532.8 3,563.1 1,197.4 1,193.3 1,194.4 1,194.6 1,193.1 1,186.2 1,188.7 1,197.2 1,194.4 1,197.3 1,197.7 1,197.8 1,199.4 1,200.7 1,198.0 1,196.1 Supplements to wages and salaries.................................... Employer contributions for employee pension and insurance funds.............................................................. Employer contributions for government social insurance........................................................................ 1,639.8 1,684.9 1,690.7 1,693.1 1,700.0 1,709.5 1,704.3 1,708.9 1,710.6 1,714.5 1,717.5 1,721.4 1,721.3 1,725.8 1,729.6 1,731.7 1,145.4 1,170.6 1,175.3 1,176.2 1,176.9 1,177.4 1,180.8 1,182.2 1,183.4 1,185.9 1,187.6 1,189.2 1,190.8 1,193.1 1,195.3 1,197.2 494.4 514.3 515.3 516.9 523.0 532.2 523.5 526.7 527.2 528.6 529.9 532.2 530.4 532.8 534.3 534.6 Proprietors’ income with IVA and CCAdj................................. Farm......................................................................................... Nonfarm................................................................................... 1,155.1 72.6 1,082.6 1,224.9 75.4 1,149.6 1,229.7 76.6 1,153.2 1,236.5 75.6 1,161.0 1,249.0 74.5 1,174.5 1,256.9 73.4 1,183.5 1,293.9 105.2 1,188.7 1,339.4 137.0 1,202.3 1,370.6 168.9 1,201.7 1,355.7 148.9 1,206.8 1,342.9 129.0 1,213.9 1,325.8 109.0 1,216.8 1,339.2 118.4 1,220.7 1,354.8 127.9 1,226.9 1,376.9 147.4 1,229.5 1,357.2 125.0 1,232.2 Rental income of persons with CCAdj..................................... 484.4 541.2 549.6 553.0 556.3 556.9 565.6 574.9 584.2 585.1 587.7 590.2 594.6 599.7 606.0 608.4 Personal income receipts on assets......................................... Personal interest income....................................................... Personal dividend income..................................................... 1,884.6 1,204.1 680.5 1,958.5 1,211.6 746.9 1,911.2 1,182.2 728.9 1,933.0 1,198.7 734.3 1,986.4 1,217.6 768.9 2,269.0 1,239.1 1,029.9 1,895.9 1,227.4 668.5 1,960.0 1,215.8 744.2 1,951.5 1,204.1 747.4 1,971.5 1,214.9 756.6 1,995.2 1,225.6 769.6 2,015.2 1,236.3 779.0 2,030.8 1,235.3 795.5 2,028.3 1,234.4 793.9 2,031.6 1,233.4 798.2 2,027.5 1,234.6 792.9 Personal current transfer receipts............................................. Government social benefits to persons............................... Social security1.................................................................. Medicare2........................................................................... Medicaid.............................................................................. Unemployment insurance.................................................. Veterans’ benefits............................................................... Other................................................................................... Other current transfer receipts, from business (net).......... Less: Contributions for government social insurance............ 2,306.9 2,260.3 713.3 537.0 405.5 107.6 63.3 433.7 46.7 918.2 2,358.3 2,316.8 762.2 560.8 417.1 84.2 70.2 422.5 41.4 950.7 2,375.2 2,334.8 772.9 567.9 421.4 76.5 71.5 424.6 40.3 953.0 2,373.8 2,333.6 762.5 572.3 423.4 75.2 72.8 427.4 40.2 955.7 2,381.4 2,341.4 767.0 577.1 425.3 72.3 73.2 426.4 40.0 966.4 2,408.8 2,368.8 781.1 582.2 426.6 78.3 73.9 426.6 40.0 981.6 2,419.4 2,375.5 785.0 586.8 423.5 75.6 76.1 428.6 43.8 1,088.9 2,427.8 2,383.9 789.0 591.1 423.6 73.8 78.2 428.1 44.0 1,095.4 2,430.9 2,386.7 795.4 590.1 424.0 72.3 76.1 429.0 44.1 1,096.8 2,416.1 2,371.9 785.8 583.4 423.7 70.4 78.0 430.5 44.3 1,099.7 2,434.9 2,390.4 797.3 586.0 427.7 68.5 80.3 430.7 44.4 1,102.6 2,441.8 2,397.2 801.4 589.4 426.9 66.6 81.6 431.3 44.5 1,107.5 2,453.4 2,408.7 799.1 593.0 439.6 64.7 80.5 431.8 44.7 1,104.5 2,469.0 2,424.1 803.9 596.6 448.6 62.4 81.1 431.5 44.9 1,109.7 2,475.7 2,430.7 804.1 599.8 450.4 59.6 83.4 433.4 45.0 1,113.1 2,476.3 2,431.1 803.4 598.4 452.7 59.7 83.6 433.3 45.2 1,114.2 1,404.0 1,498.0 1,510.7 1,521.2 1,546.0 1,591.0 1,612.9 1,632.6 1,641.5 1,656.2 1,668.9 1,681.4 1,663.8 1,663.8 1,666.1 1,678.9 Less: Personal current taxes................................................. Equals: Disposable personal income.................................. 11,787.4 12,245.8 12,247.6 12,294.1 12,437.8 12,829.2 12,178.7 12,336.7 12,375.2 12,375.7 12,419.4 12,457.0 12,498.5 12,572.8 12,634.9 12,611.3 Less: Personal outlays............................................................ 11,119.1 11,558.4 11,664.7 11,679.2 11,700.2 11,709.3 11,734.4 11,812.8 11,837.5 11,806.4 11,822.9 11,881.6 11,901.4 11,943.3 11,974.2 12,006.3 Personal consumption expenditures......................................... Goods....................................................................................... Durable goods.................................................................... Nondurable goods.............................................................. Services.................................................................................. Personal interest payments3..................................................... Personal current transfer payments.......................................... To government........................................................................ To the rest of the world (net).................................................. 10,711.8 11,149.6 11,254.4 11,266.1 11,289.8 11,300.6 11,321.4 11,397.1 11,419.0 11,392.4 11,413.0 11,476.0 11,491.7 11,526.4 11,550.2 11,582.9 3,602.7 3,769.7 3,830.3 3,825.0 3,825.8 3,827.6 3,826.8 3,872.2 3,856.4 3,825.0 3,840.2 3,880.3 3,900.6 3,913.9 3,910.7 3,927.4 1,129.9 1,202.7 1,220.6 1,211.8 1,236.2 1,244.0 1,243.5 1,246.3 1,244.7 1,250.2 1,254.8 1,267.4 1,267.4 1,285.3 1,267.3 1,274.8 2,472.8 2,567.0 2,609.7 2,613.2 2.589.6 2,583.5 2,583.2 2,625.9 2,611.7 2,574.8 2,585.4 2,612.9 2,633.2 2,628.6 2,643.4 2,652.6 7,494.7 7,524.9 7,562.6 7,567.3 7,572.9 7,595.7 7,591.0 7,612.5 7,639.4 7,655.5 7,109.1 7,379.9 7,424.1 7,441.0 7,464.0 7,473.1 248.4 250.4 248.7 246.7 248.0 253.5 249.8 247.0 245.1 247.8 253.1 244.3 239.8 253.6 260.5 259.6 165.4 165.6 165.8 163.0 163.3 163.6 163.8 165.3 165.4 159.4 160.4 156.8 163.3 163.4 163.5 165.2 89.4 89.7 90.1 90.4 90.7 91.0 91.3 89.5 89.9 85.3 88.5 88.9 88.9 89.0 89.2 89.3 72.6 72.6 72.6 72.6 75.7 74.1 71.9 67.9 74.4 74.4 74.4 75.9 75.9 75.9 75.7 75.7 Equals: Personal saving......................................................... 668.2 687.4 582.8 614.9 737.6 1,119.9 444.4 523.9 537.7 569.2 596.5 575.4 597.1 629.5 660.7 604.9 Personal saving as percentage of disposable personal income................................................................... 5.7 5.6 4.8 5.0 5.9 8.7 3.6 4.2 4.3 4.6 4.8 4.6 4.8 5.0 5.2 4.8 10,457.1 10,740.1 Addenda: Personal income excluding current transfer receipts: Billions of chained (2009) dollars........................................ Disposable personal income: Billions of chained (2009) dollars4...................................... Per capita: Current dollars.................................................................... Chained (2009 dollars)...................................................... Population (midperiod, thousands)5......................................... Personal consumption expenditures: Billions of chained (2009) dollars......................................... Goods.................................................................................. Durable goods................................................................ Nondurable goods......................................................... Services.............................................................................. Implicit price deflator, 2009=100.......................................... 10,687.4 10,723.0 10,886.8 11,269.3 10,662.0 10,778.3 10,830.2 10,888.1 11,324.6 11,551.6 11,499.0 11,522.0 11,670.7 12,036.5 11,418.1 37,776 36,293 312,036 38,965 36,756 314,278 38,909 36,531 314,777 39,031 36,580 314,981 39,465 37,030 315,165 40,683 38,170 315,341 38,601 36,190 315,507 10,914.5 10,913.5 10,913.8 10,956.9 10,998.3 10,990.9 11,520.9 11,568.0 11,600.4 11,631.9 11,623.0 11,649.7 11,706.6 11,751.3 11,732.8 39,081 36,497 315,668 39,182 36,626 315,838 39,161 36,708 316,019 39,277 36,786 316,202 39,372 36,736 316,395 39,477 36,796 316,599 39,686 36,952 316,808 39,855 37,068 317,023 39,755 36,985 317,227 10,291.3 10,517.6 10,566.6 10,558.6 10,593.4 10,602.4 10,614.3 10,643.5 10,674.2 10,678.7 10,689.4 10,707.7 10,711.3 10,732.4 10,742.5 10,776.0 3,419.9 3,534.1 3,566.3 3,558.5 3,583.9 3,595.1 3,614.6 3,620.2 3,623.2 3,642.0 3,653.6 3,669.3 3,680.3 3,678.4 3,705.4 3,601.1 1,157.1 1,246.7 1,270.3 1,263.4 1,290.5 1,301.7 1,300.3 1,304.6 1,305.5 1,314.9 1,320.6 1,334.2 1,338.8 1,353.5 1,361.9 1,343.1 2,266.0 2,296.8 2,307.1 2,305.6 2,306.7 2,307.7 2,314.6 2,323.8 2,328.3 2,323.2 2,336.2 2,335.6 2,346.7 2,337.7 2,351.6 2,368.4 6,871.1 6,982.7 6,999.3 6,999.1 7,008.5 7,006.4 7,012.3 7,028.0 7,053.0 7,054.5 7,046.6 7,053.3 7,041.5 7,051.6 7,063.6 7,070.5 104.086 106.009 106.509 106.701 106.574 106.585 106.662 107.081 106.978 106.683 106.770 107.175 107.285 107.4 107.5 107.5 Percent change from preceding period: Personal income, current dollars.......................................... 6.1 4.2 0.6 0.4 1.2 3.1 -4.4 1.3 0.3 0.1 0.4 0.4 0.2 0.5 0.5 -0.1 Disposable personal income: Current dollars......................................................................... Chained (2009) dollars.......................................................... 4.8 2.4 3.9 2.0 0.5 0.2 0.4 0.2 1.2 1.3 3.1 3.1 -5.1 -5.1 1.3 0.9 0.3 0.4 0.0 0.3 0.4 0.3 0.3 -0.1 0.3 0.2 0.6 0.5 0.5 0.4 -0.2 -0.2 Personal consumption expenditures: Current dollars............................................................................. Chained (2009) dollars............................................................... 5.0 2.5 4.1 2.2 0.7 0.4 0.1 -0.1 0.2 0.3 0.1 0.1 0.2 0.1 0.7 0.3 0.2 0.3 -0.2 0.0 0.2 0.1 0.6 0.2 0.1 0.0 0.3 0.2 0.2 0.1 0.3 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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. December 2013 D-57 C. Historical Measures This table presents historical time series for several estimates presented in the “Selected NIPA Tables” that are pub lished in this issue. The time series are also presented in the NIPA tables on BEA’s Web site, www.bea.gov. Table C.1. GDP and Other Major NIPA Aggregates-Continues [Quarterly estimates are seasonally adjusted at annual rates] Billions of chained (2009) dollars Year 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 [2009=100] Implicit price deflators [2009=100] Percent change tram preceding period Chain-type price index Gross domestic product Gross domestic purchases Gross domestic product Gross national product Gross domestic product Gross domestic purchases Implicit price deflators Gross domestic product Gross national product 1959 ...................... 3,028.1 3,029.0 3,050.8 6.9 6.1 17.277 16.898 17.254 17.216 1.3 1.4 1.4 1.4 1960 1961 1962 1963 1964 ...................... ...................... ...................... ...................... ...................... 3,105.8 3,185.1 3,379.9 3^527.1 3'730.5 3,111.1 3,192.7 3771.2 3722.0 37317 3,130.4 3711.9 3,409.8 3759.0 3764.8 2.6 2.6 6.1 4.4 5.8 2.7 2.6 5.6 4.5 5.9 17.516 17.709 17.927 18.129 18.407 17.128 17.306 17.510 17.724 18.007 17.493 17.686 17 903 18.105 18.383 17.455 17 648 17 866 18.069 18.346 1.4 1.1 1.2 1.1 1.5 1.4 1.0 1.2 1.2 1.6 1.4 1.1 1.2 1.1 1.5 1.4 1.1 1.2 1.1 1.5 1965 1966 1967 1968 1969 ...................... ...................... ...................... ...................... ...................... 3,972.9 4734.9 4,351.2 4,564.7 4,707.9 3,951.4 4J92.9 4,330.0 4,549.0 4,693.1 4,008.8 4769.4 4,386.7 4,602.8 4,745.2 6.5 6.6 2.7 4.9 3.1 5.9 6.1 3.3 5.1 3.2 18.744 19770 19.830 20.673 21.692 18.321 18.829 19.346 20.163 21.149 18.720 19.246 19.805 20.647 21.663 18.684 19.209 19.767 20.609 21.622 1.8 2.8 2.9 4.3 4.9 1.7 2.8 2.7 4.2 4.9 1.8 2.8 2.9 4.3 4.9 1.8 2.8 2.9 4.3 4.9 1970 1971 1972 1973 1974 ...................... ...................... ...................... ...................... ...................... 4,717.7 4,873.0 5,128.8 5,418.2 5790.2 4,736.1 4,866.0 5,120.4 5,386.5 5772.5 4,754.6 4,913.6 5,172.2 5,475.1 5^454.1 0.2 3.3 5.2 5.6 -0.5 0.9 2.7 57 5.2 -0.3 22.835 23.996 25.038 26.399 28.763 22787 23.449 24.498 25.888 28.510 22.805 23.964 25.005 26.366 28.734 22.763 23.921 24.960 28.682 5.3 5.1 4.3 5.4 9.0 5.4 5.2 4.5 5.7 10.1 5.3 5.1 4.3 5.4 9.0 5.3 5.1 4.3 5.5 9.0 1975 1976 1977 1978 1979 ...................... ...................... ...................... ...................... ...................... 5,379.5 5'669.3 5,930.6 6760.4 6,459.2 5,428.6 5745.7 5,894.4 6718.7 6,443.3 5,430.4 5729.1 5,997.3 6726.9 6,547.0 -0.2 5.4 4.6 5.6 3.2 1.0 4.0 4.4 5.5 3.6 31.435 33.161 35.213 37.685 40.795 31.116 32.821 34.977 37.459 40.729 31.395 33.119 35.173 37.643 40.750 31.341 33.067 35.120 37.588 40.692 9.3 5.5 6.2 7.0 8.3 9.1 5.5 6.6 7.1 8.7 9.3 5.5 6.2 7.0 8.3 9.3 5.5 6.2 7.0 8.3 1980 1981 1982 1983 1984 ...................... ...................... ...................... ...................... ...................... 6,443.4 6,610.6 6,484.3 6,784.7 7777.2 6,485.0 6,579.8 6,539.6 6 823.2 7188.5 6,530.3 6,688.0 6,564.6 6,863.2 7,352.5 -0.2 2.6 -1.9 4.6 7.3 0.6 1.5 -0.6 4.3 5.4 44.485 48.663 51.630 53.664 55.570 44.962 49.087 51.875 53.696 55.482 44.425 48.572 51.586 53.623 55.525 44.357 48.503 51.511 53.550 55.451 9.0 9.4 6.1 3.9 3.6 10.4 9.2 5.7 3.5 3.3 9.0 9.3 6.2 3.9 3.5 9.0 9.3 6.2 4.0 3.5 1985 1986 1987 1988 1989 ...................... ...................... ...................... ...................... ...................... 7,585.7 7,852.1 8J23.9 8,465.4 8,777.0 7,573.5 7764.1 8 J 04.4 8,457.8 8,756.0 7,640.2 7790.9 8,161.0 8,509.9 8,822.6 4.2 3.5 3.5 47 3.7 5.4 3.8 3.1 4.4 3.5 57.347 58.510 59.941 62.042 64.455 57.150 58.345 59.985 62.091 64.515 57.302 58.458 59.949 62.048 64.460 57.225 58.385 59.890 61.990 64.408 3.2 2.0 2.4 3.5 3.9 3.0 2.1 2.8 3.5 3.9 3.2 2.0 2.6 3.5 3.9 3.2 2.0 2.6 3.5 3.9 1990 1991 1992 1993 1994 ...................... ...................... ...................... ...................... ...................... 8,945.4 8,938.9 9756.7 9,510.8 9,894.7 8,943.0 8,959.0 9752.5 9700.7 9,827.0 9,003.0 8,988.6 9705.0 9759.8 9,932.2 1.9 -0.1 36 2.7 4.0 2.1 0.2 33 2.7 3.4 66.848 69.063 70 639 72.322 73.859 67.039 69.111 70 719 72.323 73.835 66.845 69.069 70 644 72.325 73.865 66.803 69.038 70 611 72.289 73.826 3.7 3.3 2.3 2.4 2.1 3.9 3.1 2.3 2.3 2.1 3.7 3.3 2.3 2.4 2.1 3.7 3.3 2.3 2.4 2.1 1995 1996 1997 1998 1999 ...................... ...................... ...................... ...................... ...................... 10,163.7 10,549.5 11,022.9 11,513.4 12,071.4 10,140.2 10,525.0 10,944.0 11,439.8 12,000.3 10,206.2 10795.1 11,058.1 11,540.7 12,108.9 2.7 3.8 4.5 4.4 4.8 3.2 3.8 4.0 4.5 4.9 75.402 76.776 78.097 78.944 80.071 75.420 76.728 77.851 78.358 79.578 75.406 76.783 78.096 78.944 80.071 75.373 76.752 78.065 78.915 80.047 2.1 1.8 1.7 1.1 1.4 2.1 1.7 1.5 0.7 1.6 2.1 1.8 1.7 1.1 1.4 2.1 1.8 1.7 1.1 1.4 2000 2001 2002 2003 2004 ...................... ...................... ...................... ...................... ...................... 12,565.2 12,684.4 12,909.7 13,270.0 13J74.0 12,500.4 12,731.7 12,889.9 13747.9 13702.7 12,614.3 12,750.2 12,970.8 13,352.2 13,879.0 4.1 1.0 1.8 2.8 3.8 4.2 1.9 1.2 2.8 3.4 81.894 83.767 85.055 86.754 89.130 81.641 83.206 84.359 86.196 88.729 81.891 83.766 85.054 86.754 89.132 81.865 83.740 85.028 86.729 89.107 2.3 2.3 1.5 2.0 2.7 2.6 1.9 1.4 2.2 2.9 2.3 2.3 1.5 2.0 2.7 2.3 2.3 1.5 2.0 2.7 2005 2006 2007 2008 2009 ...................... ...................... ...................... ...................... ...................... 14,235.6 14,615.2 14776.8 14,833.6 14,417.9 14,170.1 14,543.6 147397 14,868.9 14,565.5 14,340.8 14,690.9 15,009.7 15,009.0 14,565.1 3.4 2.7 1.8 -0.3 -2.8 3.4 2.6 2.0 0.2 -2.0 91.989 94.816 97.338 99.208 100.000 91.850 94.782 97.370 100.243 100.000 91.991 94.818 97.335 99.236 100.000 91.968 94.796 97.315 99.229 100.000 3.2 3.1 2.7 1.9 0.8 3.5 3.2 2.7 3.0 -0.2 3.2 3.1 2.7 2.0 0.8 3.2 3.1 2.7 2.0 0.8 2010 2011 2012 ...................... ...................... ...................... 14,779.4 15’052.4 14,717.7 15714.4 15,403.2 14,966.5 15,2867 15,693.1 2.5 1.8 2.8 1.0 2.0 2.6 101715 103.203 105.008 101.528 103.884 105.599 101.211 103.199 105.002 101.321 103.322 105.126 1.2 2.0 1.7 1.5 2.3 1.7 1.2 2.0 1.7 1.3 2.0 1.7 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 15,470.7 9fi 399 National Data D-58 December 2013 Table C.1. GDP and Other Major NIPA Aggregates—Continues [Quarterly estimates are seasonally adjusted at annual rates] Billions of chained (2009) dollars Year and Quarter 1959: I ............ II ................... V ................... 1960: iZZZZ'.'. II................... V ................... 1961: iZZZ.'.Z ii........... v........... 1962: iZZZZ". ii........... v........... 1963: iZZ"".'.'.'.'". ii........... v........... 1964: iZZ.Z.Z. ii........... v........... 1965: iZZZZ ii........... v........... 1966: iZZZZ ii........... v........... 1967: i'.'ZZ.ZZ ii........... v........... 1968: iZZZZ ii........... v........... 1969: iZZZZ ii........... v„„........ 1970: ii........... V................... 1971: iZZZZ.'. ii........... v........... 1972: iZZZZ II................... v........... 1973: iZZZZ ii........... v........... 1974: iZZZZ ii........... v........... 1975: iZZZZ ii........... v........... 1976: iZZZZ” ii........... v........... 1977: iZZZZ.” n................... v........... 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 [2009=100] Implicit price deflators [2009=100] Percent change from preceding period Chain-type price index Gross domestic product Gross domestic purchases Gross domestic product Gross national product Gross domestic product Gross domestic purchases Implicit price deflators Gross domestic product Gross national product 2,973.8 3,046.1 3,040.2 3,052.2 2,977.8 3,027.0 3,060.3 3,050.8 2,995.5 3,067.9 3,063.3 3,076.4 7.7 10.1 -0.8 1.6 7.8 6.8 4.5 -1.2 17.189 17.236 17.308 17.375 16.812 16.860 16.928 16.993 17.186 17.210 17.275 17.342 17.147 17.173 17.237 17.304 2.0 1.1 1.7 1.6 2.1 1.1 1.6 1.5 1.1 0.6 1.5 1.6 1.1 0.6 1.5 1.6 3,120.2 3,108.4 3,116.1 3,078.4 3,084.8 3,115.6 3,114.2 3,129.9 3,143.8 3,132.4 3,140.9 3,104.3 9.2 -1.5 1.0 -4.8 4.5 4.0 -0.2 2.0 17.409 17.473 17.551 17.630 17.023 17.086 17.163 17.242 17.414 17.459 17.522 17.576 17.376 17.421 17.484 17.538 0.8 1.5 1.8 1.8 0.7 1.5 1.8 1.9 1.7 1.0 1.5 1.2 1.7 1.0 1.5 1.2 3,099.3 3,156.9 3,209.6 3,274.6 3,135.6 3,169.7 3,196.6 3,268.8 3,126.5 3,183.0 3,236.2 3,301.9 2.7 7.7 6.8 8.4 0.7 4.4 3.5 9.3 17.651 17.688 17.727 17.769 17.259 17.283 17.322 17.358 17.615 17.657 17.704 17.762 17.576 17.619 17.667 17.724 0.5 0.8 0.9 1.0 0.4 0.6 0.9 0.8 0.9 1.0 1.1 1.3 0.9 1.0 1.1 1.3 3,333.6 3,369.5 3,401.6 3,414.8 3,309.5 3,364.3 3,391.6 3,419.5 3,360.8 3,398.9 3,431.3 3,448.1 7.4 4.4 3.9 1.6 5.1 6.8 3.3 3.3 17.859 17.908 17.950 17.991 17.436 17.494 17.533 17.576 17.854 17.883 17.920 17.955 17.817 17.846 17.883 17.919 2.0 1.1 0.9 0.9 1.8 1.3 0.9 1.0 2.1 0.7 0.8 0.8 2.1 0.7 0.8 0.8 3,452.8 3,497.8 3,566.1 3,591.5 3,436.3 3,495.8 3,560.4 3,595.4 3,484.9 3,529.0 3,597.8 3,624.2 4.5 5.3 8.0 2.9 2.0 7.1 7.6 4.0 18.079 18.093 18.112 18.230 17.668 17.686 17.711 17.831 18.034 18.064 18.086 18.233 17.997 18.027 18.050 18.196 2.0 0.3 0.4 2.6 2.1 0.4 0.6 2.7 1.8 0.7 0.5 3.3 1.8 0.7 0.5 3.3 3,669.2 3,712.9 3,763.3 3,776.6 3,671.2 3,716.3 3,762.4 3,775.1 3,704.4 3,746.9 3,798.3 3,809.6 8.9 4.8 5.5 1.4 8.7 5.0 5.1 1.4 18.300 18.355 18.447 18.526 17.904 17.963 18.045 18.115 18.291 18.335 18.410 18.493 18.254 18.299 18.373 18.457 1.5 1.2 2.0 1.7 1.6 1.3 1.8 1.6 1.3 1.0 1.6 1.8 1.3 1.0 1.6 1.8 3,869.8 3,922.7 4,002.4 4,096.7 3,836.3 3,905.4 3,979.2 4,084.7 3,906.6 3,960.6 4,038.2 4,130.0 10.2 5.6 8.4 9.8 6.6 7.4 7.8 11.0 18.606 18.692 18.778 18.900 18.180 18.265 18.353 18.486 18.586 18.670 18.744 18.871 18.550 18.634 18.707 18.835 1.7 1.9 1.9 2.6 1.4 1.9 1.9 2.9 2.0 1.8 1.6 2.7 2.0 1.8 1.6 2.8 4,197.9 4,215.1 4,245.2 4,281.6 4,154.7 4,176.6 4,213.2 4,227.3 4,232.3 4,249.6 4,279.0 4,316.7 10.3 1.6 2.9 3.5 7.0 2.1 3.6 1.3 19.016 19.189 19.358 19.517 18.588 18.759 18.912 19.058 18.993 19.149 19.335 19.499 18.957 19.113 19.298 19.462 2.5 3.7 3.6 3.3 2.2 3.7 3.3 3.1 2.6 3.3 3.9 3.4 2.6 3.3 3.9 3.4 4,320.9 4,324.7 4,362.0 4,397.1 4,272.7 4,319.1 4,344.1 4,384.1 4,355.8 4,358.8 4,399.0 4,433.3 3.7 0.3 3.5 3.3 4.4 4.4 2.3 3.7 19.599 19.716 19.893 20.111 19.121 19.235 19.409 19.618 19.580 19.679 19.867 20.086 19.543 19.642 19.830 20.048 1.7 2.4 3.6 4.5 1.3 2.4 3.7 4.4 1.7 2.0 3.9 4.5 1.7 2.0 3.9 4.5 4,486.4 4,562.2 4,595.0 4,615.4 4,474.7 4,520.5 4,585.8 4,615.1 4,523.4 4,599.9 4,633.7 4,653.9 8.4 6.9 2.9 1.8 8.5 4.2 5.9 2.6 20.331 20.559 20.757 21.047 19.832 20.041 20.249 20.532 20.309 20.523 20.726 21.019 20.271 20.485 20.687 20.980 4.4 4.6 3.9 5.7 4.4 4.3 4.2 5.7 4.5 4.3 4.0 5.8 4.5 4.3 4.0 5.8 4,687.1 4,702.1 4,731.5 4,711.0 4,662.6 4,686.6 4,710.7 4,712.5 4,725.9 4,739.8 4,767.9 4,747.2 6.4 1.3 2.5 -1.7 4.2 2.1 2.1 0.1 21.259 21.540 21.847 22.120 20.728 21.005 21.297 21.566 21.237 21.509 21.811 22.092 21.197 21.468 21.770 22.050 4.1 5.4 5.8 5.1 3.9 5.5 5.7 5.1 4.2 5.2 5.7 5.3 4.2 5.2 5.7 5.2 4,702.8 4,711.1 4,752.8 4,703.9 4,723.8 4,715.1 4,757.1 4,748.4 4,739.8 4,749.2 4,790.5 4,738.9 -0.7 0.7 3.6 -4.1 1.0 -0.7 3.6 -0.7 22.424 22.747 22.935 23.233 21.875 22.181 22.395 22.695 22.402 22.714 22.901 23.203 22.360 22.672 22.859 23.160 5.6 5.9 3.3 5.3 5.9 5.7 3.9 5.5 5.7 5.7 3.3 5.4 5.7 5.7 3.3 5.4 4,829.9 4,857.4 4,895.3 4,909.5 4,805.9 4,839.0 4,880.5 4,938.5 4,870.3 4,899.7 4,934.2 4,950.2 11.2 2.3 3.2 1.2 4.9 2.8 3.5 4.8 23.588 23.905 24.146 24.345 23.036 23.347 23.604 23.809 23.558 23.868 24.111 24.312 23.515 23.825 24.068 24.268 6.3 5.5 4.1 3.3 6.1 5.5 4.5 3.5 6.3 5.4 4.1 3.4 6.3 5.4 4.1 3.4 4,997.0 5,112.7 5,159.8 5,245.5 5,007.4 5,089.0 5,133.1 5,252.0 5,039.3 5,154.6 5,204.7 5,290.3 7.3 9.6 3.7 6.8 5.7 6.7 3.5 9.6 24.745 24.894 25.114 25.398 24.185 24.355 24.587 24.864 24.691 24.842 25.075 25.394 24.646 24.798 25.030 25.349 6.7 2.4 3.6 4.6 6.5 2.8 3.9 4.6 6.4 2.5 3.8 5.2 6.4 2.5 3.8 5.2 5,374.7 5,435.6 5,406.1 5,456.5 5,362.8 5,388.9 5,394.0 5,400.5 5,425.4 5,489.3 5,467.4 5,518.3 10.2 4.6 -2.2 3.8 8.7 2.0 0.4 0.5 25.723 26.145 26.634 27.095 25.185 25.650 26.113 26.603 25.689 26.080 26.578 27.107 25.645 26.036 26.533 27.062 5.2 6.7 7.7 7.1 5.3 7.6 7.4 7.7 4.7 6.2 7.9 8.2 4.8 6.2 7.9 8.2 5,411.2 5,425.4 5,372.8 5,351.4 5,395.1 5,401.6 5,384.9 5,308.3 5,482.4 5,493.2 5,435.1 5,405.9 -3.3 1.0 -3.8 -1.6 -0.4 0.5 -1.2 -5.6 27.647 28.266 29.127 30.012 27.297 28.074 28.919 29.751 27.622 28.279 29.098 29.955 27.574 28.228 29.046 29.900 8.4 9.3 12.8 12.7 10.9 11.9 12.6 12.0 7.8 9.9 12.1 12.3 7.8 9.8 12.1 12.3 5,286.7 5,327.4 5,415.5 5,488.5 5,346.7 5,401.5 5,449.7 5,516.5 5,333.5 5,374.6 5,466.0 5,547.5 -4.7 3.1 6.8 5.5 2.9 4.2 3.6 5.0 30.690 31.138 31.692 32.220 30.388 30.848 31.357 31.869 30.634 31.093 31.647 32.174 30.580 31.037 31.592 32.120 9.3 6.0 7.3 6.8 8.8 6.2 6.8 6.7 9.4 6.1 7.3 6.8 9.4 6.1 7.3 6.9 5,612.4 5,654.8 5,683.6 5,726.2 5,593.4 5,613.1 5,648.6 5,727.9 5,670.1 5,714.5 5,743.9 5,787.9 9.3 3.1 2.0 3.0 5.7 1.4 2.6 5.7 32.567 32.893 33.313 33.872 32.215 32.548 32.994 33.526 32.508 32.838 33.262 33.851 32.456 32.786 33.211 33.800 4.4 4.1 5.2 6.9 4.4 4.2 5.6 6.6 4.2 4.1 5.3 7.3 4.3 4.1 5.3 7.3 5,792.9 5,906.6 6,011.1 6,011.7 5,782.2 5,874.3 5,936.1 5,985.2 5,862.4 5,974.9 6,079.0 6,072.8 4.7 8.1 7.3 0.0 3.8 6.5 4.3 3.3 34.416 34.956 35.442 3