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SURVEY OF CURRENT BUSINESS BEA's M O N T H LY JO U R NAL In This Issue . . . Research Spotlights Offshoring and Import Price Measurement Technological Progress in the Microprocessor Industry S3BEA BUREAU OF ECONOMIC ANALYSIS U.S. DEPARTMENT OF COMMERCE ECONOMICS AND STATISTICS ADMINISTRATION U.S. D ep artm en t of C om m erce Gary Locke, Secretary E conom ics and S tatistics A d m in istratio n Rebecca M. Blank, Under Secretary for Economic Affairs B ureau of E conom ic A nalysis J. Steven Landefeld, Director Brian C. Moyer, Deputy Director Ana M. Aizcorbe, Chief Economist Brian M. Callahan, Chief Information Officer Dennis J. Fixler, Chief Statistician Brent R. Moulton, Associate Director for National Economic Accounts Brian C. Moyer, Acting Associate Director for Industry Accounts Joel D. Platt, Associate Director for Regional Economics Robert E. Yuskavage, Acting Associate Director for International Economics B EA A d viso ry C o m m ittee 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. Dale W. Jorgenson, Chair, Harvard University Alan J. Auerbach, University of California, Berkeley Richard B. Berner, Morgan Stanley Barry R Bosworth, The Brookings Institution Susan M. Collins, University of Michigan Janice C. Eberly, Northwestern University Jeffrey A. Frankel, Harvard University Robert J. Gordon, Northwestern University Maurine A. Haver, Haver Analytics, Inc. Charles R. Hulten, University of Maryland 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 Wm. Ronnie Foster, Graphic Designer Colby Johnson, Graphic Designer Danielle M. Wittenberg, Editor Jillian Fasser, Intern Jessica Jarosik, Intern The S urvey of C urrent business (ISSN 0 0 3 9 -6 2 2 2 ) is p u b lished monthly by the Bureau of Economic Analysis of the U.S. Department o f Commerce. Send editorial correspondence to customerservice@bea.gov. Subscriptions to the Survey of C urrent business are maintained, and the prices are set, by the U.S. Government Printing Office, an agency o f the U.S. Congress. To subscribe call 2 0 2 -5 1 2 -1 8 0 0 or go to bookstore.gpo.gov. Subscription and single-copy prices Second-class mail: $63.00 domestic, $88.20 foreign First-class mail: $105.00 Single copy: $25.00 domestic, $35.00 foreign The information in this journal is in the public domain and maybe re printed without the permission of the Bureau of Economic Analysis. Citation of the S u r v e y o f C u r r e n t b u s in e s s as thesource is appreciated. The Secretary of Commerce has determined that the publication of this periodical is necessary in the transaction of the public business required by law o f the Department. SURVEY OF CURRENT BUSINESS F ebru ary 2011 1 V olum e 91 • N um ber 2 G D P and th e Econom y: A dvance E stim ates fo r th e Fourth Q u a rter o f 2010 Real GDP increased 3.2 percent after increasing 2.6 percent in the third quarter. Imports turned down, consumer spending picked up, and residential investment turned up. In 2010, real GDP increased 2.9 percent after decreasing 2.6 percent in 2009. 7 R esearch S p o tlig h t O ffshorin g and Im p o rt Price M easu rem ent: S elected R esearch From the C o n feren ce on “M easu rem en t Issues A risin g From th e G row th of G lo b a lizatio n ” A summary of selected research from this conference. 13 R esearch S p o tlig h t Techn ological Progress in th e M icroprocessor Industry A review of the literature on microprocessor research by a 2010 ASA/NSF/BEA research fellow suggests that accelerating progress in the microprocessor industry played a role in the pickup of aggregate productivity. w w w .bea.gov /'/ D -1 February 2011 B EA C u rren t and H istorical D ata //'/ D ire cto r’s M essage iv Taking A cco u n t B E A ’s W eb S ite and C o n tacts (in sid e back cover) S ch ed u le of U pcom ing N ew s R eleases (b ack cover) Looking A head NIPA Translation of the Federal Budget. A look at federal government estimates that are based on the proposed budget of the U.S. government for 2012. Gross Domestic Product by Metropolitan Area. Advance estimates for 2009 and revised estimates for 2001-2008. February 2011 ///' Director’s Message_____________ — — — — ■— —■ — —.................... ■■....... ......... . ......... ............................................... ............... ■....... ■.................. ■■■■■■»■■■....................... ■■■■..... .................................. In this m o n th ’s Survey o f C urrent Business, a Research Spotlight by U nni Pillai— assistant professor at the College o f Nanoscale Sci ence and Engineering at the University at Albany, State University o f New York and a 2010 ASA/NSF/BEA research fellow— reviews the recent literature on m icroprocessor research. His review suggests that accelerating progress in the micropro cessor industry may have driven down the quality-adjusted prices of microprocessors and of the upstream computer and commu nication products and thus played a role in the pickup of aggre gate productivity. Another Research Spotlight, by Susan N. Houseman, senior economist with the W.E. Upjohn Institute for Employment Re search, takes a look at import price measurement issues and how they relate to GDP. Her article summarized the findings of various studies pre sented at the recent conference “Measurement Issues Arising From the Growth of Globalization,” which she codirected. In the Taking Account section, we take a look at a recent paper by BEA economist Carol E. Moylan, prepared for the Third Inter national Seminar on Early Warning and Business Cycle Indica tors in Moscow in November 2010. Moylan discusses the need for various additional economic indicators to help analysts and poli cymakers identify unsustainable economic and financial trends. The paper also discusses some additional indicators recently pro posed by BEA. Our “GDP and the Economy” article takes a look at the ad vance estimates of the GDP accounts for the fourth quarter of 2010. iv February 2011 T a k in g A c c o u n t... A look at cyclical economic indicators for the United States The recent global financial crisis highlighted the need for statisti cal agencies around the world to provide up-to-date economic indicators that can help analysts identify critical trends in the economy. While the U.S. na tional income and product ac counts, produced by the Bureau of Economic Analysis (BEA), provide an accurate picture of the economy, analysts have also discussed the need for additional indicators that would help ana lysts and policymakers identify unsustainable economic and fi nancial trends. In a recent paper prepared for the Third International Seminar on Early Warning and Business Cycle Indicators in Moscow in November 2010, BEA economist Carol E. Moylan discussed this need in the context of currently available cyclical indicators. The paper also discussed some statis tics recently proposed by BEA that would provide better tools for assessing the sustainability of economic trends. To continue to provide statis tics that can provide a deep cy clical view of the economy, more work is needed in several areas, such as the continuing integra tion of economic accounts pro duced by various agencies. BEA has moved to better integrate its macroeconomic statistics with the accounts of other entities, particularly with financial statis tics produced by the Federal Re serve Board. In 2006, BEA and the Federal Reserve Board re leased the first annual statistics on a set of integrated macroeco nomic accounts that related pro duction, income and spending, capital formation, financial transactions, and asset revalua tions to changes in net worth be tween balance sheets for the major sectors of the economy. In 2010, BEA and the Federal Reserve Board began releasing these statistics quarterly. Also, BEA has expanded the presenta tion of saving and investment to show quarterly saving, invest ment, net lending, and net bor rowing by sector to better align these estimates with the new quarterly integrated macroeco nomic accounts. BEA has also begun releasing quarterly statis tics on net investment by broad type of asset. Net investment, which had previously been avail able annually, is an important indicator that gauges the degree to which businesses are replac ing their fixed assets. These statistics complement an array of cyclical indicators from U.S. agencies and private organizations. Leading indica tors— such as average weekly hours of manufacturing work ers, real residential fixed invest ment, average weekly claims for unemployment insurance, and others— provide turning points that occur ahead of the entire economy. Turning points in co incident indicators, such as gross domestic product (GDP), tend to coincide with the aggregate economy. Turning points in lag ging indicators, such as the aver age duration of unemployment (weeks) and the ratio of real manufacturing and trade inven tories to sales— occur after turns in the overall economy. These traditional indicators performed reasonably well in the most recent recession. But while the leading indicators pointed to a slowdown, they could not predict the magni tude of the slowdown. Moylan’s paper noted that current measures could be used to provide additional metrics about the sustainability of trends, for example, in the hous ing and financial sectors. An April 2010 article in the S u r v e y o f C u r r e n t B u s in e s s , “GDP and Beyond: Measuring Economic Progress and Sustainability,” dis cusses ways to combine current statistics to construct indicators to address (1) the distribution of growth in income across house holds, sectors, and regions and (2) the sustainability of trends in saving, investment, asset prices, and other key variables. The article details how cur rently available data can be used to construct alternate estimates of income that come closer to what most households are expe riencing and provide insightful indicators of, among other things, the differential impact of GDP growth across states, the sustainability of U.S. GDP growth, the adequacy of saving and investment, and emerging risks to the economy. 1 February 2011 GDP and the Economy A dvance Estim ates for the Fourth Q uarter of 2010 R EAL GROSS domestic product (GDP) increased Chart 1. GDP, Prices, Disposable Personal Income (DPI) 3 .2 percent at an annual rate in the fourth quarter Real GDP: Percent change from the preceding quarter 6 of 2010, according to the advance estimates of the na Seasonally adjusted annual rates tional income and product accounts (NIPAs) (chart 1 and table l) .1 In the third quarter, real GDP increased 2.6 percent. For the year 2010, real GDP increased 2.9 percent after decreasing 2.6 percent in 2009 (see page 6 ). The acceleration in real GDP in the fourth quarter primarily reflected a sharp downturn in imports, an acceleration in consumer spending, and an upturn in residential fixed investment that were partly offset by downturns in inventory investment and in federal gov ernment spending and a deceleration in nonresidential fixed investment.2 • Prices of goods and services purchased by U.S. resi dents increased 2.1 percent in the fourth quarter after increasing 0.7 percent in the third quarter (see page 3). Energy prices and food prices both accelerated. Excluding food and energy, gross domestic purchases prices increased 1.1 percent after increasing 0.4 per cent. • Real disposable personal income (DPI) increased 1.7 percent in the fourth quarter after increasing 0.9 per cent in the third quarter, mainly reflecting an acceler ation in current-dollar DPI, which in turn reflected an acceleration in personal income (see page 4); per sonal current taxes increased about the same rate in the fourth quarter as in the third quarter. The PCE implicit price deflator that is used to deflate DPI increased 1.8 percent after increasing 0.8 percent. • The personal saving rate, personal saving as a per centage of current-dollar DPI, was 5.4 percent in the fourth quarter; in the third quarter, it was 5.9 per cent. 2007 2008 2010 stment lent - 2 1 0 1 2 Percentage points at an annual rate Prices: Percent change from the preceding quarter Prices of gross domestic purchases l.j. .1.1.1^11.1.1.1^1^. I. i.M.rljI.llli.i__[Hi I .......: : : : : : : : : : : : ___ i____i____i____I____i____i____i____I____i____i____i____i____i____i____i___ 2007 2008 2009 Real DPI: Percent change from the preceding quarter 1. “Real” estimates are in chained (2005) 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. More information can be found at www.bea.gov/about/infoqual.htm and www.bea.gov/faq/national/gdp_accuracy.htm. Quarterly estimates are expressed at seasonally adjusted annual rates, which assumes that a rate of activity for a quarter is maintained for a year. 2. In this article, “consumer spending” refers to “personal consumption expenditures (PCE),” “inventory investment” refers to “change in private inventories,” and “government spending” refers to “government consump tion expenditures and gross investment.” Christopher Swann prepared this article. 2009 Contributions to the percent change in real GDP in 2010:1V U.S. Bureau of Economic Analysis 2010 GDP and the Economy 2 February 2011 R eal G D P O v e rv ie w Table 1. Real Gross Domestic Product and Components [Seasonally adjusted at annual rates] Gross private dom estic investm ent...................................... Fixed investment....................... Nonresidential....................... Structures.......................... Equipment and software..... Residential............................ Change in private inventories..... Net exports of goods and s e rv ic e s ............................................ Exports...................................... Goods.................................... Services................................ Imports...................................... Goods.................................... Services................................ G overnment consumption expenditures and gross investm ent...................................... Federal...................................... National defense................... Nondefense........................... State and local.......................... Change from preceding period (percent) Contribution to percent change in real GDP (percentage points) 2010 2010 2010 IV I II III IV I II III IV 100.0 3.7 1.7 2.6 3.2 3.7 1.7 2.6 3.2 70.8 23.8 7.6 16.1 47.0 1.9 5.7 8.8 4.2 0.1 2.2 3.4 6.8 1.9 1.6 2.4 4.1 7.6 2.5 1.6 4.4 10.1 21.6 5.0 1.7 1.33 1.29 0.62 0.67 0.03 1.54 0.79 0.49 0.31 0.75 1.67 0.94 0.54 0.39 0.74 3 .0 4 ' 2.26 1.48 0.78 0.78 12.1 29.1 12.0 3.3 9.8 7.8 2.6 -17.8 7.2 20.4 2.2 -12.3 26.2 15.0 -2 2 .5 3.04 2.88 1.80 -3 .2 0 18.9 1.5 4.2 0.39 2.06 0.18 0.50 4.4 0.71 1.51 0.93 0.43 17.2 10.0 0.8 -0.53 -0.01 -0.09 0.02 -0.5 -3.5 24.8 15.4 5.8 1.24 1.52 1.02 0.41 3.4 - 0.32 0.55 -0.75 0.08' 25.7 -27.3 0.0 -3 .3 12.9 9.1 3.9 16.2 13.5 2.8 20.4 8.3 5.6 2.7 12.1 2.64 11.4 14.0 5.8 11.2 12.0 7.8 9.1 11.5 3.9 33.5 40.5 4.3 -1 .6 0.4 3.9 9.1 7.4 5.0 -3.8 12.8 0.6 1 .8 0.82 1.61 -3.70 Residential investment turned up, mainly reflecting an upturn in “other” structures, specifically in brokers’ commissions and in improvements. Inventory investment turned down sharply and sub tracted 3.70 percentage points from real GDP growth, primarily reflecting downturns in retail trade and in wholesale trade inventories. -1 .7 0 0.82 0.49 0.33 -2.53 -2.16 -0.37 0.85 0.19 2.40 2.29 0.11 Exports picked up, reflecting an acceleration in ex ports of goods. The acceleration in goods exports mainly reflected an upturn in industrial supplies and materials and a pickup in foods, feeds, and beverages. Exports of services slowed. -0 .6 -0 .3 2 -0.2 0.15 -2.0 0.02 3.7 0.13 -0.9 -0.48 0.79 0.71 0.46 0.25 0.09 -0.11 -0.01 -0.11 0.10 -0.10 N Imports turned down sharply, reflecting downturns in imports of both goods and services. The largest con tributor to the downturn in goods imports was a downturn in petroleum and products. 3.9 8.5 9.5 0.7 1. The estimates of GDP under the contribution columns are also percent changes. N o t e . Percent changes are from NIPA table 1 .1 .1 , contributions are from NIPA table NIPA table 1 .1 .1 0 . 0.80 0.72 0.40 0.32 0.08 1 .1 .2 , 3.44 1.04 Nonresidential fixed investment slowed, reflecting a slowdown in equipment and software. The main con tributors to the slowdown in equipment and software were a downturn in transportation equipment and a slowdown in “other” equipment. -0.31 -3 .5 0 6.8 8.5 1.30 1.08 5.8 10.0 1.09 0.93 8.9 5.1 0.21 0.15 16.8 -13.6 -1.61 -4.58 17.4 -15.5 -1.41 -4.46 14.2 -3.8 -0.20 -0.12 OO oo Gross dom estic p ro d u c t1 .... Personal consum ption expenditures.................................. Goods....................................... Durable goods....................... Nondurable goods................. Services.................................... Share of currentdollar GDP (percent) Consumer spending increased 4.4 percent in the fourth quarter, the largest percentage increase since the first quarter of 2006. In the third quarter of 2010, it increased 2.4 percent. The largest contributors to the fourth-quarter pickup were an acceleration in motor vehicles and parts and upturns in financial services and insurance and in clothing and footwear. and shares are from Federal government spending turned down, reflecting a downturn in defense spending and a slowdown in nondefense spending. Table 2. Real Gross Domestic Product (GDP) by Type of Product [Seasonally adjusted at annual rates] Share of currentdollar GDP (percent) Change from preceding period (percent) Contribution to percent change in real GDP (percentage points) 2010 2010 2010 IV Gross dom estic p ro d u c t1............... Final sales of domestic product Change in private inventories.... Goods......................................... Services...................................... Structures.................................... Addenda: Motor vehicle output....................... I 100.0 3.7 100.0 1.1 0.0 28.1 19.5 65.0 0.0 6.9 -15.2 2.1 42.3 II III IV 1.7 0.9 2.6 0.9 3.2 7.1 -0.8 1.9 10.6 7.4 1.8 -7.9 -2.7 25.0 -14.2 I II III IV 3.7 1.7 3.2 2.6 1.09 0.90 0.95 6.87 2.b4 0.82 1.b1 -3.70 8.5 4.90 -0.20 1.99 2.31 1.1 0.02 1.21 1.15 0.72 2.0 -1.18 0.71 -0.58 0.14 0.74 -0.06 0.49 -0 .3 4 ' GDP excluding motor vehicle output. 97.9 3.0 1.8 2.1 3.6 2.99 1.78 2.07 3.51 Final sales of computers................. GDP excluding final sales of computers................................... 0.7 19.2 b.3 6b. 1 62.0 0.10 0.03 0.29 0.31 99.3 3.7 1.7 2.3 2.9 3.63 1.69 2.27 2.86 1. The estimates of GDP under the contribution columns are also percent changes. N o te . Percent changes are from NIPA table 1 .2 .1 , contributions are from NIPA table calculated from NIPA table 1 .2 .5 . 1 .2 .2 , and shares are State and local government spending turned down, mainly reflecting a downturn in investment in struc tures. Real final sales of domestic product, real GDP less in ventory investment, increased 7.1 percent, the largest increase since the second quarter of 1984, and added 6.87 percentage points to real GDP growth. Motor vehicle output turned down, decreasing 14.2 percent after increasing 25.0 percent. Final sales of computers increased 62.0 percent after increasing 65.1 percent. February 2011 S urvey of C u r r e n t B u s in e s s 3 P rices Table 3. Prices for Gross Domestic Purchases [Percent change at annual rates; based on seasonally adjusted index numbers (2005=100)] Change from preceding period (percent) Contribution to percent change in gross domestic purchases prices (percentage points) 2010 2010 Gross domestic purchases1................. 0.1 0.7 2.1 Personal consumption expenditures....... Goods........................................................ Durable goods....................................... Nondurable goods................................ Services.................................................... Gross private domestic investment........ Fixed investment....................................... Nonresidential....................................... Structures.......................................... Equipment and software................... Residential............................................. Change in private inventories................... Government consumption expenditures and gross investment............................ Federal..................................................... National defense.................................... Nondefense.......................................... State and local......................................... Addenda: Gross domestic purchases: Food......................................................... Energy goods and services..................... Excluding food and energy....................... Personal consumption expenditures (PCE): Food and beverages for off-premises consumption......................................... Energy goods and services...................... Excluding food and energy....................... “Market-based” PCE................................ Excluding food and energy.................. Gross domestic product............................... 0.0 0.8 1.8 -3.6 0.9 1.6 -2 .2 -4.6 1.8 2.4 0.7 -0 .7 0.5 -0.7 0.1 0.2 - 0.0 - 2.0 0.8 -3.2 - 3.2 -0.18 0.02 Prices paid for nonresidential fixed investment picked up somewhat, primarily reflecting an upturn in prices paid for transportation equipment. 0.05 0.07 2.1 - 0.20 -0.05 -0.05 -0.06 - 0.01 0.05 Prices paid for residential investment turned up, in creasing 2.1 percent after decreasing 0.1 percent. 0.1 1.6 0.8 1.1 1.8 1.6 1.5 25.8 0.4 1.9 0.3 0.3 1.7 0.7 1.0 1.0 - 0.2 1.0 1.9 0.53 0.06 0.02 3.2 27.4 1.2 1.43 -0 .0 3 1.0 - 0.22 -0 .0 9 0.8 -0.16 -0.08 1.3 1.3 15.2 -17.4 16.4 -17.5 0.7 Consumer prices accelerated, contributing 1.24 per centage points to the fourth-quarter increase in gross domestic purchases prices after contributing 0.53 per centage point. The acceleration mainly reflected an ac celeration in prices paid for gasoline and other energy goods. 3.6 0.57 -0.83 0.21 -2.4 -0.15 - 0.11 -0.16 6.5 0.72 -0.72 0.37 0.9 0.85 0.80 0.32 2.3 0.85 0.80 0.32 2.9 -0 .8 -0.1 0.1 2.1 Prices of goods and services purchased by U.S. resi dents, as measured by the price index for gross domes tic purchases, picked up in the fourth quarter, increasing 2.1 percent after increasing 0.7 percent in the third. 0.00 0.02 0.89 0.17 0.07 0.35 0.28 0.07 0.54 0.07 0.06 0.04 0.03 0.01 0.10 0.03 0.07 0.07 0.58 -0.73 1.45 0.72 0.06 0.19 0.40 Prices paid by government accelerated, mainly reflect ing an acceleration in prices paid by state and local governments. A small pickup in prices paid by the fed eral government also contributed. 0.01 0.17 0.96 0.99 Consumer prices excluding food and energy, a mea sure of the “core” rate of inflation, slowed slightly, in creasing 0.4 percent after increasing 0.5 percent. The GDP price index increased 0.3 percent, 1.8 per centage points less than the percent change in the price index for gross domestic purchases, reflecting a larger increase in import prices (18.9 percent) than in export prices (8.1 percent). 1. The estimates under the contribution columns are also percent changes N o te . Most percent changes are from NIPA table 1.6.7; percent changes for PCE for food and energy goods and services and for PCE excluding food and energy are calculated from index numbers in NIPA table 2.3.4. Contributions are from NIPA table 1.6.8. Note on Prices BEA’s gross domestic purchases price index is the most comprehensive index of prices paid by U.S. residents for all goods and services. It is derived from the prices of per sonal consumption expenditures (PCE), private invest ment, and government consumption expenditures and gross investment. BEA also produces price indexes for all components of GDP. The PCE price index is a measure of the total cost of consumer goods and services, including durable goods, nondurable goods, and services. PCE prices for food, energy goods and services, and for all items except food and energy are also estimated and reported. Because prices for food and energy can be volatile, the price mea- sure that excludes food and energy is often used as a mea sure of underlying, or “core,” inflation. (The core PCE price index includes purchased meals and beverages, such as restaurant meals, and pet food. See FAQ 518 on BEA’s Web site.) BEA also prepares a supplemental PCE price index, the “market-based” PCE price index, that is based on market transactions for which there are corresponding price mea sures. This index excludes many imputed expenditures, such as financial services furnished without payment, that are included in PCE and the PCE price index. BEA also prepares a market-based measure that excludes food and energy. GDP and the Economy 4 February 2011 P e rso n al In c o m e Table 4. Personal Income and Its Disposition [Billions of dollars; quarterly estimates are seasonally adjusted at annual rates] Level Change from preceding period 2010 IV 2010 I II III IV Personal in c o m e ..................................................................... 12,721.1 111.3 166.8 75.7 Compensation of employees, received....................... Wage and salary disbursements............................. Private industries................................................. Goods-producing industries............................. Manufacturing.............................................. Services-producing industries......................... Trade, transportation, and utilities............... Other services-producing industries........... Government.......................................................... Supplements to wages and salaries....................... Proprietors’ income with IVA and CCAdj..................... Farm......................................................................... Nonfarm................................................................... Rental income of persons with CCAdj........................ Personal income receipts on assets........................... Personal interest income......................................... Personal dividend income....................................... 8,102.1 6,497.9 5,312.9 1,070.3 681.5 4,242.5 1,026.3 3,216.2 1,185.0 1,604.2 1,083.3 58.1 1,025.1 309.9 1,910.5 1,186.5 724.1 26.7 6.5 -4.1 -13.9 -5.7 9.7 -0.2 10.1 10.6 20.2 8.6 0.6 8.1 9.9 21.9 2.9 19.0 111.8 97.4 89.8 22.1 19.8 67.7 17.4 50.2 7.6 14.4 19.0 2.1 16.8 6.1 3.3 -3.4 6.8 63.1 52.0 59.8 11.4 8.0 48.5 9.1 39.4 -7.8 11.1 9.8 9.6 0.2 5.0 -24.7 Personal current transfer receipts............................... 2,333.0 Less: Contributions for government social insurance . 1,017.7 1,206.4 Less: Personal current taxes........................................... Equals: Disposable personal income.............................. 11,514.7 Less: Personal outlays.................................................... 10,888.9 Equals: Personal saving................................................. 625.8 57.3 13.0 17.5 93.9 98.2 -4.2 40.6 14.1 14.4 152.4 59.8 92.5 30.3 7.9 28.6 47.1 72.6 -25.6 16.6 7.9 28.7 99.6 152.6 -52.9 7.3 6.8 7.2 0.2 0.1 -0.7 0.0 -1.5 0.0 -0.7 8.3 8.3 0.0 0.0 0.0 0.0 2.5 52.8 1.3 32.6 25.8 0.0 -2.8 20.6 0.0 32.5 -6.1 0.0 0.3 -11.9 0.0 0.0 -9.0 0.0 -0.3 -8.5 1.4 0.0 ^ .1 0.0 2.5 -6.4 0.0 0.0 0.4 - 30.6 5.8 128.3 69.1 57.1 57.4 4.6 1.1 52.6 11.8 40.8 -0.3 12.0 23.8 9.6 14.1 6.1 20.8 11.8 9.1 Addenda: Special factors in personal incom e In government wages and salaries: Federal pay raise..................................................... Reservists’ pay........................................................ In supplements to wages and salaries: Employer contributions for social insurance........... In personal current transfer receipts: Cost-of-living adjustments....................................... Social security retroactive payments....................... Emergency unemployment compensation............. Medicare Part D coverage gap rebates.................. “Making Work Pay” and other ARRA tax credits.... Other ARRA-related social benefit payments......... In contributions for government social insurance: Increase in taxable wage base................................ Changes in premiums for supplementary medical insurance.............................................................. In personal current taxes: Federal tax law changes (“Making Work Pay’’) ....... Refunds, settlements, and other............................. N ote. Dollar levels are from NIPA tables 2.1 and 2.2B. IVA Inventory valuation adjustment 8.6 8.6 0.0 0.0 0.0 2.2 2.2 0.0 0.0 0.0 -38.6 4.8 9.6 4.8 0.0 0.0 0.0 0.0 0.0 0.0 Personal income, which is measured in current dol lars, accelerated in the fourth quarter, increasing $128.3 billion after increasing $75.7 billion. The accel eration reflected an upturn in personal interest in come and an acceleration in nonfarm proprietors’ income that were partly offset by a deceleration in per sonal current transfer receipts. Wage and salary disbursements increased $57.1 billion after increasing $52.0 billion. The small acceleration primarily reflected a smaller decrease in government wage and salary disbursements. Nonfarm proprietors’ income increased $14.1 billion after increasing $0.2 billion. The largest contributors to the acceleration were real estate brokers’ commis sions and construction. Personal interest income increased $11.8 billion after decreasing $30.6 billion. The upturn primarily re flected an upturn in interest rates. Personal current transfer receipts increased $16.6 bil lion after increasing $30.3 billion. The deceleration mainly reflected a deceleration in government social benefits to persons, the largest contributors to which were government unemployment insurance benefits and health insurance benefits (specifically Medicare). Personal current taxes increased $28.7 billion after in creasing $28.6 billion. CCAdj Capital consumption adjustment Chart 2. Personal Saving Rate Percent 8 Seasonally adjusted annual rates Saving Personal saving—disposable personal income less personal outlays—was $625.8 billion in the fourth quarter, a decrease of $52.9 billion. The decrease reflected a sharp increase of $152.6 billion in personal outlays that exceeded the increase of $99.6 billion in disposable personal income. 6 ‘ 4 2 0 l l l l -2 2007 2008 U.S. Bureau of Economic Analysis 2009 2010 February 2011 S urvey of 5 C u r r e n t B u s in e s s / S o u rc e D ata fo r th e A d v a n c e E s tim a te s Table 5. Source Data and Key Assumptions for the Advance Estimates of GDP for the Fourth Quarter of 2010 [Billions of dollars, seasonally adjusted at annual rates] Private fixed investment: Nonresidential structures: Value of new nonresidential construction put in place....................................................... Equipment and software: Manufacturers’ shipments of complete aircraft.................................................................. Residential structures: Value of new residential construction put in place: Single family....................................................................................................................... Multifamily........................................................................................................................... Change in private inventories: Change in inventories for nondurable manufacturing............................................................ Change in inventories for merchant wholesale and retail industries other than motor vehicles and equipment........................................................................................................ Net exports:2 Exports of goods: U.S. exports of goods, international-transactions-accounts basis................................... Excluding gold.................................................................................................................... Imports of goods: U.S. imports of goods, international-transactions-accounts basis................................... Excluding gold.................................................................................................................... Net exports of goods................................................................................................................. Excluding gold....................................................................................................................... State and local government structures: Value of new construction put in place.................................................................................... Sept. Oct. Nov. o August CD O 2010 July 252.3 253.3 258.3 256.3 256.1 256.2 47.9 40.0 32.3 34.9 31.3 32.0 115.1 13.8 110.2 13.1 107.2 13.8 106.4 13.6 107.1 14.0 106.1 13.9 46.8 -5.0 43.5 41.2 25.8 36.1 69.9 55.7 92.1 95.0 -8.9 90.0 1,292.4 1,275.2 1,290.9 1,293.5 1,346.1 1,361.9 1,373.1 1,265.6 1,275.9 1,326.2 1,346.9 1,357.8 1,952.6 1,942.5 -660.2 -667.3 1,999.5 1,978.5 1,958.8 1,976.0 2,040.9 1,990.0 1,967.2 1,945.6 1,959.5 2,024.0 -708.6 -685.1 -612.7 -614.1 -667.8 -724.4 -691.3 -619.5 -612.6 -666.3 278.9 285.0 285.0 283.5 283.1 283.3 1. A s s u m p tio n . n o t u se d d ire c tly in e s tim a tin g e x p o rts a n d im p o rts in th e n a tio n a l in c o m e a n d p ro d u c t 2. N o n m o n e ta ry g o ld is in c lu d e d in b a la n c e -o f-p a y m e n ts e x p o rts a n d im p o rts , b u t it is a cco u n ts. Source Data and Key Assum ptions for the Advance Estim ates of GDP While the advance estimates of many components of GDP are based on 3 months of source data, some estimates are based on only 2 months of data. For the following items, the number of months for which data are available is shown in parentheses. Personal consumption expenditures: sales of retail stores (3), unit auto and truck sales (3), and consumers’ shares of auto and truck sales (2); Nonresidential fixed investment: unit auto and truck sales (3), construction spending (value put in place) (2), manu facturers’ shipments of machinery and equipment exclud ing aircraft (3), shipments of civilian aircraft (2), and exports and imports of machinery and equipment (2); Residential investment: construction spending (value put in place) (2), single-family housing starts (3), sales of new homes (3), and sales of existing houses (3); Change in private inventories: trade and nondurablegoods manufacturing inventories (2), durable-goods man ufacturing inventories (3), and unit auto and truck invento ries (3); Net exports of goods and services: exports and imports of goods and services (2); Government consumption expenditures and gross invest ment: federal outlays (3), state and local government con struction spending (value put in place) (2), and state and local government employment (3); Compensation: employment, average hourly earnings, and average weekly hours (3); and GDP prices: consumer price indexes (3), producer price indexes (3), and values and quantities of petroleum imports (2 ). Unavailable source data When source data were unavailable, BEA made various assumptions for December, including the following (table 5): • A very slight increase in nonresidential structures, • A small increase in aircraft shipments, • A small decrease in single-family structures and a very slight decrease in multifamily structures, • An increase in inventories of nondurable-goods manufac turing industries and a large increase in nonmotor vehicle merchant wholesale and retail trade industries, • An increase in exports of goods excluding gold and a much larger increase in imports of goods excluding gold, and • A slight increase in state and local government structures. A more comprehensive list is available on BEA’s Web. GDP and the Economy 6 February 2011 R eal G D P fo r 20 1 0 Table 6. Real Gross Domestic Product and Components Share of currentdollar GDP (percent) 2010 Change from preceding period (percent) 2009 C ontribution to percent change in real GDP (percentage points) 2010 2009 2010 G ro ss d o m e s tic p ro d u c t1 .......................................... 100.0 -2 .6 2.9 -2 .6 2.9 P erso n a l c o n s u m p tio n e x p e n d itu re s ............................... G oods........................................................................................ Durable goods.................................................................... Nondurable goods............................................................. S e rvice s.................................................................................. 70.6 -1 .2 1.8 -0 .8 4 1.27 23.4 7.4 15.9 47.2 -2 .0 -3 .7 -1 .2 -0 .8 4.3 7.7 2.8 0.5 -0 .4 6 -0 .2 7 -0 .1 8 -0 .3 8 1.00 0.56 0.45 0.27 G ross p riv ate d o m e s tic in v e s tm e n t................................. Fixed investm ent................................................................... 12.4 12.0 -22 .6 -1 8 .3 16.7 -3.2 4 1.84 -2.6 9 N onresidential................................................................... S tructures....................................................................... 9.6 -17.1 -2 0 .4 Equipm ent and softw are............................................. R e sid en tia l......................................................................... 2.6 7.0 2.3 3.8 5.5 -1 4 .0 15.1 -3 .0 -0.81 -1 .1 5 -0 .7 4 0.46 0.53 -0.4 3 0.97 -0 .0 7 Change in private inventories............................................. 0.5 -0.5 5 1.38 Net e x p o rts o f g o o d s and s e rv ic e s .................................. -3 .5 1.13 -0.4 8 E xports..................................................................................... 12.5 8.7 3.8 -9 .5 -1 2 .0 -3 .9 11.7 14.6 5.8 -1.1 8 -1 .0 4 -0 .1 5 1.34 1.12 0.22 16.0 -1 3 .8 -15 .8 -4 .2 12.6 14.6 3.5 2.32 2.20 0.12 -1 .8 2 -1.7 2 -0.0 9 G oods................................................................................... S e rv ic e s .............................................................................. Im p o rts..................................................................................... G oods.................................................................................. S e rvice s.............................................................................. 13.3 2.8 -15 .3 -22.9 -1.96 G ov ern m en t c o n s u m p tio n e xp e n d itu re s and g ro ss in v e s tm e n t............................................................................. 20.5 1.6 1.1 0.32 0.23 Federal..................................................................................... National d efe nse .............................................................. Nondefense........................................................................ State and lo c a l....................................................................... 8.3 5.6 2.7 12.2 5.7 5.4 6.5 -0 .9 4.8 3.9 6.6 -1 .3 0.43 0.27 0.16 -0.11 0.39 0.22 0.17 -0.1 6 1. The estimates of GDP under the contribution columns are also percent changes. Note. Percent changes are from NIPA table 1.1.1, contributions are from NIPA table 1.1.2, and shares are from NIPA table 1.1.10. Real GDP increased 2.9 percent in 2010 after decreas ing 2.6 percent in 2009. The upturn primarily re flected upturns in exports, nonresidential fixed investment, consumer spending, and inventory invest ment as welll as a smaller decrease in residential fixed investment that were partly offset by an upturn in im ports. The upturn in consumer spending added 1.27 per centage points to real GDP growth after subtracting 0.84 percentage point and reflected upturns in durable goods, in services, and in nondurable goods. The upturn in nonresidential fixed investment added 0.53 percentage point to real GDP growth and re flected an upturn in equipment and software and a smaller decrease in structures. Residential fixed investment subtracted 0.07 percent age point from real GDP growth in 2010. The upturn in inventory investment added 1.38 per centage points to real GDP growth after substracting 0.55 percentage point. The upturn in exports added 1.34 percentage points to real GDP growth, reflecting widespread upturns in ex ports of goods. Exports of services also turned up. The upturn in imports subtracted 1.82 percentage points from real GDP growth, reflecting widespread upturns in imports of goods. Imports of services also turned up. Government spending slowed, reflecting a larger de crease in state and local government spending and a slowdown in federal government spending. C hart 4. Key C ontributors to Real GDP Growth Chart 3. Contributions to the Change in Real GDP in 2010 Percent change from preceding year Nonresidential investment 1 Residential investment Inventory investment Exports Imports Federal government spending ■ State and local government spending - 2 - 1 U.S. Bureau of Economic Analysis 0 Percentage points 1 2 U.S. Bureau of Economic Analysis 7 February 2011 R esearch S po tligh t O ffsh oring and Im port Price M easu rem en t Selected Research From the Conference on “Measurement Issues Arising From the Growth of Globalization” By Susan N. Houseman O VER THE last decade, there has been a marked shift in the sourcing o f consum er products and in term ediate inputs from dom estic suppliers to foreign suppliers— a phenom enon com m only referred to as off shoring. Reflecting this development, im port growth greatly outpaced that of exports, resulting in a widening trade deficit in the 2000s. Moreover, emerging econo mies largely accounted for the growth o f im ports, sig naling a fundam ental shift in the com position of U.S. trading partners (chart 1). In recent years, C hina be came the largest exporter to the United States, surpass ing Canada. It is widely believed that low prices in em erging econom ies have driven the grow th in im p o rt share and th at this phen om enon has contributed to lower infla tio n ary pressures in the U.S. econom y (G reenspan 2004). As currently constructed, however, im p o rt price indexes generally do not capture price declines, often large, associated w ith such shifts in sourcing. This and related problem s in the construction o f im p o rt price indexes have prom pted concerns that the real (constant-dollar) grow th in im ports has been understated and that, as a result, dom estic productivity and real o u tp u t grow th m easures have been overstated. New research com m issioned w ith funding from the Bureau o f Econom ic Analysis (BEA) and the Alfred R Sloan F oundation exam ined three aspects o f the issue: (1) W hat is the precise nature o f the price m easure m en t problem ? (2) Is there concrete evidence o f biases to im p o rt price indexes and to o u tp u t and productivity measures? and (3) W hat are the solutions? Findings from this research, which were presented at the confer ence “M easurem ent Issues Arising From the G row th of Globalization” in W ashington, DC, in N ovem ber 2009 are sum m arized in this article.1 1. This article is based on selected research findings reported in House man and Ryder (2010). Susan N. Houseman is a senior economist with the Up john Institute for Employm ent Research. She and Ken neth F. Ryder o f the National Academy o f Public Administration directed the conference on “Measure m ent Issues Arising From the Growth o f Globalization” She would like to thank Marshall B. Reinsdorf and Rob ert E. Yuskavage for their helpful comments on a draft o f this article. C hart 1. Im ports by C ountry Type N o t e . Advanced countries include European Union countries, Canada, Japan and Australia. Source: U.S. International Transactions, U.S. Bureau of Economic Analysis W hy Im port and E xport Prices M atter In a global economy, accurately m easuring the prices of im ports and exports is critical to com puting key d o mestic o u tp u t and productivity m easures. To see the connection betw een im ports and m easures o f dom es tic output, consider the m easurem ent o f gross dom es tic product (GDP), the value of goods and services produced in a country. In official U.S. statistics, GDP is generally m easured using the so-called “expenditure” approach. The values o f personal consum ption expen ditures (C), private investm ent (I), and governm ent expenditures (G) are sum m ed. To deduce the value of goods and services produced domestically, exports (X ) are added to dom estic expenditures while im p o rts (M) are subtracted, yielding the fam iliar form ula: GDP - C + I + G + X - M . To com pute real GDP grow th, all dom estic expendi tures and export and im p o rt values m ust be properly deflated to control for price changes. W ith the value of trade (X + M) in the U.S. econom y reaching the equiv alent o f 25 to 30 percent o f GDP in recent years, p ro p erly deflating im p o rt and export values is critical to the accurate m easurem ent o f real GDP growth. If the im p o rt price index does not adequately capture the true price declines associated w ith the shift in sourcing to low-cost foreign suppliers, as is argued in this article, then the real grow th o f im ports will be understated. In Offshoring and Import Price Measurement 8 other words, the real grow th o f im ports, as m easured, will n o t fully reflect the real value of dom estic products for w hich they substitute. A nd if the grow th in the real value o f im ports is understated, real GDP grow th will be overstated, all else being the same. Similarly, im port price indexes are critical in com put ing the growth o f real value added in industry statistics. Interm ediate inputs, including im ported interm ediate inputs, m ust be netted out from shipm ents in com put ing value added. BEA estimates that about 40 percent of im ported com m odities are used as interm ediate inputs by businesses and that the im port share o f these inputs has grown dramatically since the late 1990s. To measure the real growth o f industry value added, sales and input costs m ust be deflated. Currently, input price deflators are constructed from dom estic prices, as m easured by the producer price index (PPI), and from im port prices, as m easured by the International Prices Program at the Bureau o f Labor Statistics (BLS). Any overstatem ent of the in p u t price index, as would occur if im port price in dexes fail to capture price declines associated w ith shifts to lower cost foreign suppliers o f interm ediate inputs, will result in an understatem ent o f the real growth o f in term ediate inputs and an overstatem ent o f the real growth o f industry value added. Any understatem ent of real input growth also will di rectly lead to an overstatem ent o f various measures of productivity growth. Conceptually, m ultifactor produc tivity for an industry or sector represents the part o f the growth in real gross output that cannot be explained by the growth in real inputs (capital, labor, energy, m ateri als, and services). If real input growth is understated be cause input prices do not capture declines associated w ith shifts in sourcing to low-wage countries, then m ul tifactor productivity will be overstated. Labor produc tivity measures industry or sector value added per unit o f labor input. If the m easure o f the growth of real value added is inflated because o f offshoring, then the growth o f labor productivity will be overstated. In other words, to the extent that price declines associated with shifts in sourcing to low-wage countries are not captured in im p o rt price indexes, offshoring, to some degree, will re sult in a mechanical increase in m ultifactor and labor productivity growth. T h e N ature of th e Price M easu rem en t Problem BLS is responsible for collecting price data and con structing price indexes that are used to deflate purchases m ade by consumers, businesses, and the governm ent sector in the construction o f various statistics published in the industry and national incom e accounts. The sur vey underlying the consum er price index (CPI) samples prices o f items at retail outlets, the Producer Prices Pro February 2011 gram surveys establishments for the prices producers re ceive for a sample o f goods and services sold, and the International Prices Program surveys im porters and ex porters on the prices they pay or receive for a sample of items im ported or exported. To understand the cause of the bias from shifts in sourcing, it is im portant to note that BLS takes great care to ensure that it is pricing the same item over time. Con ceptually, each observation used in the construction of a particular price index represents the period-to-period price change of an item as defined by very specific at tributes and reported by a specific establishment. A con sequence of efforts to carefully control for product attributes in the collection of price data is that price in dexes generally do not capture price reductions resulting from the entry and market share expansion of low-cost suppliers. Although this problem in price indexes has been widely discussed in literature on the CPI, where it is term ed “outlet substitution bias,” the implications for other price indexes have received relatively little attention. C onsider the case o f a low-cost foreign supplier that enters the U.S. m arket and captures m arket share from dom estic suppliers. Hypothetically, price declines real ized by consum ers or, in the case of interm ediate in puts, by dom estic producers in switching from a highcost dom estic supplier to a low-cost foreign supplier could be fully captured in the im p o rt price index u n der certain conditions: the foreign supplier enters the U.S. m arket w ith a price com parable to th at o f dom es tic com petitors, the expansion o f the foreign supplier s m arket share reflects contem poraneous price declines relative to the dom estic supplier th at occur after entry, and the new foreign supplier is picked up in the im p o rt price sam ple before any decline in its price. More likely, however, the price declines associated w ith the shift by consum ers and businesses from a highcost dom estic supplier to a low-cost foreign supplier will not be fully captured in im port price indexes (Diewert and N akam ura 2009; H ousem an et al. forthcoming; R einsdorf and Yuskavage 2009). The lag between the tim e when the low-cost supplier enters the U.S. m arket and when its product is picked up in the im port prices sample m aybe significant. Additionally, the foreign sup plier is apt to enter the U.S. m arket w ith a lower price relative to dom estic com petitors, and even if the foreign product is integrated im m ediately into the im port price sample, the relevant price change o f the im ported good— the quality-adjusted price difference between the dom estic product and im ported product— will be miss ing in the first period. Moreover, the problem in the im port price index may not be fully resolved even after the new supplier’s p ro d uct is incorporated into the im port prices sample and its period-to-period price changes are observed. M ethods February 2011 S urvey of C u r r e n t B u s in e s s used to construct price deflators implicitly assume that consum ers and firms adjust purchases instantaneously to changes in relative prices. In practice, the entry of a lowcost supplier may be accompanied by some period of disequilibrium during which differences in price levels between the high-cost supplier and the low-cost supplier persist, and the low-cost supplier gains m arket share as its product becomes known, its reliability established, and purchasers’ contracts w ith the high-cost supplier ex pire. Under such dynamics, the gains in m arket share would n o t reflect contem poraneous changes in relative prices, and in the case o f offshoring, the price decline as sociated w ith the purchasers’ shift from a high-cost do mestic supplier to a low-cost foreign supplier would not be captured in the im port price index. As a result, m ore rapid rotation o f new products or products from new suppliers into the prices survey sample— a com m on p ro posal for im proving price statistics— will not necessarily reduce the bias from shifts in sourcing. As noted above, im port price indexes are used in con junction w ith the PPI to construct industry-level input price indexes. Diewert and N akam ara (2009) show that the bias to the input price index from shifts in sourcing is proportional to the growth in the low-cost suppliers’ m arket share and to the percent discount offered by the low-cost supplier. Although the focus o f the conference on “M easurem ent Issues Arising From the Grow th of Globalization” was on biases arising from the substitu tion o f foreign products for dom estic products, shifts in sourcing from high-cost dom estic suppliers to low-cost dom estic suppliers can also result in biases to input price indexes.2 E vid ence on th e Potential fo r Problem s in Price Indexes From O ffshorin g The potential for bias to im p o rt and in p u t price in dexes is larger, the greater the gain in im p o rt share and the larger the price differential between im ported and com parable dom estic products. Research presented at the conference exam ined w hether these preconditions for significant biases to im p o rt and in p u t price indexes existed in recent years. The grow th o f im ports for final consum ption, as well as o f im ported interm ediate in puts, was rapid in the decade leading up to the recent recession. For example, between 1997 and 2007, the es tim ated im p o rt share o f m aterials inputs used by m a n ufacturers rose from un d er 17 percent to 25 percent. For all private industries, the im p o rt share o f all in ter 2. Outlet substitution bias is an example of a shift in sourcing from highcost to low-cost domestic suppliers. Diewert and Nakamura (2009) show that at the elemental level the characterization of the bias to the input price index that results when producers shift sourcing of intermediate inputs is identical to the characterization of the bias to the CPI from outlet substitution. 9 m ediate inputs rose from 8 percent to m ore th an 10 percent, and the im p o rt share o f m aterials interm edi ate inputs increased from 15 percent to 21 percent b e tween 1998 and 2006 (Eldridge and H arper 2010). Moreover, at the same tim e th at im port shares were increasing, low-wage countries, m ost notably China, accounted for the preponderance o f the growth. Al though it is not feasible to construct price differences between foreign products and com parable dom estic products using price data collected by BLS, case studies provide some evidence on the m agnitude o f the cost savings from shifts in sourcing. Byrne, Kovak, and Michaels (2009) find sizable cross-country differences in the prices o f identical sem iconductor wafers. C om pared w ith prices of sem iconductor wafers produced in U.S. foundries, prices averaged about 40 percent lower in C hina and about 25 percent lower in Singapore. In a detailed com parison o f production costs for alum inum wheels in the U nited States and Mexico, Klier and Rubenstein (2009) find that overall costs were 19 p er cent lower in Mexico and that savings on processing costs were 36 percent. The m agnitudes o f the discounts found in these careful case studies are consistent w ith reported discounts in the business literature. A nom alous p attern s in th e grow th rates o f im p o rt price indexes com pared w ith those o f dom estic price indexes provide p rim a facie evidence o f a problem . It is w idely believed th a t the grow th in im p o rt share in co nsum er an d in term ed iate goods has been driven by lower prices an d th a t low -priced im p o rts have played an im p o rta n t role in d am p en in g dom estic in flation (G reenspan 2004). T herefore, we m ig h t ex pect to see grow th o f the im p o rt price indexes th a t is lower th a n th a t o f dom estic price indexes for co m p a rable p roducts. Yet, th e price index for perso n al ex p en d itu re goods rose faster th a n the im p o rt price index for consum er goods after 2002, suggesting th at im p o rt price indexes m ay have m issed price declines associated w ith w idespread shifts in sourcing o f c o n sum er goods to suppliers in low-wage cou n tries in recent years (R einsdorf an d Yuskavage 2009). Sim ilar p attern s are evident in com parisons o f im p o rt price deflators and dom estic price deflators for m an u fa c tu rin g m aterials in term ed iate inputs. In spite o f the rap id grow th o f the im p o rt share o f m aterials in te r m ediate in p u ts an d the shift in sourcing o f im p o rted in term ed iate in p u ts to em erging econom ies, the im p o rt m aterials in term ed iate in p u ts price index grew faster th a n the dom estic m aterials price index in the 2000s (H ousem an et al. forth co m in g ). These an o m a lous p attern s are only p artly explained by m easu r able differences in the p ro d u c t co m p o sitio n o f the im p o rt an d dom estic indexes. Offshoring and Import Price Measurem ent 10 Evidence from sim ulations suggests th at the effects o f biases to the in p u t price index from offshoring on productivity and real value-added grow th m ay have been significant for goods-producing industries. For example, from 1997 to 2007, failure to m easure price drops associated w ith shifts in sourcing to foreign sup pliers o f m aterials interm ediate inputs could have led to overstatem ents o f average annual m ultifactor p ro ductivity grow th by 0.1 to 0.2 percentage p o in t and of real value-added grow th by 0.2 to 0.5 percentage p oint (H ousem an et al. forthcom ing). The latter represents ab out 10 to 20 percent o f real value-added grow th in m anufacturing. Excluding the com puter sector, which accounts for a small share o f m anufacturing value added, the bias from offshoring m ay have accounted for a fifth to a h alf o f the grow th in real value added in the rest o f the sector. C onference research did n o t produce estim ates o f the size o f the bias to productivity and o u tp u t m ea sures from shifts in sourcing to low-cost foreign sup pliers for the aggregate economy. Biases m ay have been less p ro n o u n ced in m any service industries than in m anufacturing and other goods-producing industries. Yet, if services offshoring expands rapidly in the near future, as som e predict, the absence o f accurate price deflators m ight im p art significant biases in industries, particularly service industries, where service inputs are heavily used. Solution: C orrectin g th e Bias T hroug h a B u yer’s Index BLS has proposed a straightforw ard solution to the bias to the in p u t price index from shifts in sourcing: construct a tru e in p u t price index based on a survey of buyers (A lterm an 2009). In principle, the purchaser o f the inputs should be able to report price changes in products irrespective o f the source. A lthough the study o f this price index problem was m otivated by recent shifts in sourcing from high-cost dom estic suppliers to low-cost foreign suppliers, other types o f shifts in sourcing are com m on and also could potentially lead to biased in p u t price indexes. The proposed survey w ould address biases in the in p u t price index for shifts in sourcing am ong dom estic suppliers as well as am ong dom estic and foreign suppliers. T he co n stru ctio n o f an in p u t price index directly from a survey o f in p u t purchasers offers a couple o f ad d itio n al advantages over the c u rren t m ethodology for co n stru ctin g an in p u t price index. BEA uses the PPI as a m easure o f dom estic in p u t prices. However, the PPI is an o u tp u t price index, and the w eighting used in its co n stru ctio n is unlikely to accurately cap tu re m ovem ents o f dom estic in p u t prices (D iew ert February 2011 2007). Additionally, as noted, BEA constructs in d u s try in p u t price indexes by w eighting dom estic and im p o rt price indexes. However, because the destin a tio n o f im p o rts in the econom y is n o t tracked, the ap pro p riate w eights are unknow n. In constructing in p u t price indexes, BEA assum es th a t industries use a particular im p o rted good o r service in p ro p o rtio n to th eir overall use o f the p roduct. For exam ple, u n der the so-called im p o rt com parability (or p ro p o r tionality) assum ption, if an in d u stry accounts for 5 percent o f the use o f a p ro d u c t in the econom y, it is assum ed th a t the in d u stry uses 5 percent o f the im p o rts o f th at p ro d u ct. Assessm ents o f the validity o f th a t assum ption have fo u n d evidence o f sizable dis crepancies for som e industries (Feenstra and Jensen 2009; Strassner, Yuskavage, an d Lee 2009). Thus, in addition to capturing price changes associated w ith shifts in suppliers, the p roposed index w ould circu m vent the need for using the PPI and the im p o rt co m parability assum ption and so should result in a m ore accurate w eighting o f p ro d u c t price changes. Although the proposed in p u t price index is concep tually a straightforw ard solution, there m ay be p racti cal im pedim ents to conducting a survey o f in p u t purchasers. O f particular concern is w hether purchases of inputs will be insufficiently frequent to su p p o rt the construction o f an in p u t index in this way for som e products (A lterm an 2009). The feasibility o f co n stru ct ing a true in p u t price index by surveying purchasers can only be determ ined thro u g h a pilot study, which has been proposed by BLS. The im m ediate benefit o f addressing this bias to the input price index is im proved statistics in the BEA in dustry accounts. O ne draw back o f the proposed in p u t price index is that it will n o t directly address biases in the im p o rt price indexes, so it will n o t address biases to real GDP grow th, as m easured using the expenditure approach, from shifts in sourcing.3 If a new in p u t price index is im plem ented, research will be needed to ex plore ways in w hich inform ation from this index can be used to inform the statistical agencies about the bias to GDP. C on clusion Research presented at the conference on “M easure m ent Issues Arising From the G row th o f G lobaliza tion” concluded th at w idespread substitution o f lowcost im ports for dom estic products in recent years m ay have im parted a significant bias to im p o rt and in p u t 3. In principle, real GDP growth could be constructed using the valueadded approach, which requires information on value added in all sectors of the economy. The expenditure-side approach is preferred because the quality o f the data needed for its construction is generally better. February 2011 S urvey of C u r r e n t B u s in e s s price indexes and to m easures o f real value added and productivity grow th in industries engaging in exten sive offshoring. The bias to price indexes from offshoring is one o f several m easurem ent problem s arising from the grow th o f globalization th at were exam ined in confer ence research.4 Because o f rapid globalization and changing supply chains, inaccuracies in the im p o rt com parability assum ption coupled w ith long lags in u pdating inform ation on the structure o f U.S. industry (from benchm ark in p u t-o u tp u t tables) m ay have re duced the accuracy o f som e econom ic statistics in re 4. Research findings on these measurement problems also are summa rized in Houseman and Ryder (2010). The research papers may be accessed at www.bea.gov/papers/pdf/bea_2010_conference%20papers_final.pdf. 11 cent years. In addition, trade in services is rapidly expanding, reflecting the role o f the Internet and other technological developm ents in com m unications. The lack o f industry detail in dom estic services an d services trade data, o f data on export and im p o rt service prices, and o f longitudinal occupational data for the U.S. econom y ham per accurate m easurem ent o f services trade flows and analysis o f their im pacts on the U.S. econom y and workers. T he pace o f globalization is unlikely to abate in the near future; neither will o u r need to assess the im pact o f this co n tin u ed expansion. Filling these d ata gaps is critical for such assessm ents an d will require at least m odest increases in funding for in tern a tio n al statis tics. R eferences A lterm an, W illiam. 2009. “Producing an In p u t Price Index.” Paper presented at the conference “M easure m ent Issues Arising From the G row th o f Globaliza tion,” W ashington, DC, N ovem ber 6-7. Byrne, David, Brian K. Kovak, and Ryan Michaels. 2009. “Offshoring and Price M easurem ent in the Semi conductor Industry.” Paper presented at the conference “M easurem ent Issues Arising From the G row th o f Glo balization,” W ashington, DC, N ovem ber 6-7. Diewert, W. Erwin. 2007. “M easuring Productivity in the System o f N ational Accounts.” Discussion Paper 07-06, D epartm ent o f Economics, University o f B rit ish C olum bia, Vancouver, Canada, V6T 1Z1. Diewert, W. Erwin, and Alice O. N akam ura. 2009. “Bias in the Im p o rt Price Index D ue to Outsourcing: Can It Be M easured?” Paper presented at the confer ence “M easurem ent Issues Arising From the G row th o f Globalization,” W ashington, DC, N ovem ber 6-7. Eldridge, Lucy P., and M ichael J. H arper. 2010. “Ef fects o f Im ported Interm ediate Inputs on Productiv ity.” M onthly Labor Review 133 (June): 3-15. Feenstra, R obert C., and J. B radford Jensen. 2009. “Evaluating Estimates o f M aterials Offshoring From U.S. M anufacturing.” Paper presented at the confer ence “M easurem ent Issues Arising From the G row th of Globalization,” W ashington, DC, N ovem ber 6-7. Greenspan, Alan. 2004. “Globalization and Innova tion.” Remarks presented at the 40th Annual Conference on Bank Structure and C om petition, sponsored by the Federal Reserve Bank o f Chicago, Chicago, IL, May 6; www.federalreserve.gov/BoardDocs/Speeches/2004/ 200405062/default.htm. H ousem an, Susan N. and K enneth G. Ryder. 2010. M easurement Issues Arising From the Growth o f Global ization: Conference Summary; www.bea.gov/papers/ pdf/napa_bea_2010sum m ary_final.pdf. H ousem an, Susan N., C hristopher Kurz, Paul A. Lengerm ann, and Benjam in J. M andel. Forthcom ing. “O ffshoring Bias in U.S. M anufacturing.” fournal o f Economic Perspectives. Klier, Thom as H., and James M. Rubenstein. 2009. “Im ports o f Interm ediate Parts in the Auto In d u stry -A Case Study.” Paper presented at the conference “M ea surem ent Issues Arising From the G row th o f Global ization,” W ashington, DC, N ovem ber 6-7. Reinsdorf, M arshall B., and R obert E. Yuskavage. 2009. “Are There U nm easured Declines in Prices of Im ported Final C onsum ption Goods?” Paper p re sented at the conference “M easurem ent Issues Arising From the G row th o f Globalization,” W ashington, DC, N ovem ber 6-7. Strassner, Erich H., R obert E. Yuskavage, and Jenni fer Lee. 2009. “Im ported Inputs and In d u stry C o n tri butions to Econom ic Growth: An Assessment of Alternative Approaches.” Paper presented at the con ference “M easurem ent Issues Arising From the G row th o f Globalization,” W ashington, DC, N ovem ber 6-7. Available online! MARCH 2010 SURVEY OF CURRENT BUSINESS A's MONTHLY JOURNAL In This Issue . . . NIPA Translation o f the Fiscal Year 2011 Federal Budget Preview o f the 2 0 1 0 Com prehensive Revision of the Annual Industry Accounts 13BEA BUREAUOFECONOMICANALYSIS US. DEPARTMENTOFCOMMERCE ECONOMICSANDSTATISTICSADMINISTRATION The online S urvey gf C urrent B usiness fe ■ The most recent articles • Links to interactive tables and charts • Search by date for past issues ■ Keyword search - . _______________ February 2011 13 Research Spotlight Technological Progress in the Microprocessor Industry B y U n n i P illa i P RODUCTIVITY in the U.S. econom y picked up in the m id-1990s after two decades o f sluggish growth. M any studies have found th at productivity grow th in inform ation technology (IT )-producing in dustries (com puters and com m unications) accounted for a sizeable p o rtio n o f the productivity im prove m ents in the aggregate econom y (see Jorgenson 2001; O liner an d Sichel 2000). The surge in productivity in IT -producing industries was accom panied by an increase in the rate at w hich quality-adjusted prices declined for sem iconductor chips, w hich are interm e diate com ponents used in com puters and com m unica tio n devices. A m ong the num erous sem iconductor chips used in the IT industry, the acceleration in price declines was m ost pronounced for m icroprocessor chips, w hich form the nerve centre of m odern desktop and laptop com puters (see Aizcorbe 2005). These find ings suggest th at an increase in the rate of technologi cal progress in the m icroprocessor industry m ight have driven dow n the quality-adjusted prices o f m icropro cessors and o f the upstream com puter and com m uni cation products and thus played a central role in the pickup o f aggregate productivity. W hile the acceleration in quality-adjusted price de clines in the m icroprocessor industry could have been caused by an increase in the rate o f technological progress in the industry, it could also have resulted from oth er nontechnology-related factors, for exam ple, an increase in com petition in the industry (see Aizcorbe, Oliner, and Sichel 2006). An increase in the rate o f grow th o f a purely technological variable w ould corroborate the evidence o f a technological accelera tion gathered from quality-adjusted prices. Such a cor ro boration is m ade in m y recent study “A M odel of Technological Progress in the M icroprocessor Indus- Unni Pillai is an Assistant Professor, College o f Nanoscale Science and Engineering, University at Albany-SUNY. He was also an ASA/N SF/BEA research fellow at the Bureau o f Economic Analysis in 2010. try ” (see Pillai 2009), w hich looks at changes in m icro processor perform ance, a purely technological variable used am ong com puter scientists and in d u stry people to m easure com puting power. The data for p erfo r m ance o f m icroprocessors is available from Standard Perform ance Evaluation C orporation, a not-for-profit organization th at includes academ ics and leading com p u ter com panies. C hart 1 plots the perform ance o f m i croprocessors produced by Intel and AM D during 1971-2008. Each p o in t in chart 1 corresponds to a m icroproces sor produced by Intel or AMD; the x-axis shows the date on w hich the m icroprocessor was first sold, and the y-axis shows the perform ance o f the m icroproces sor. The acceleration in grow th rates o f perform ance in phase II (1990-2000) and the subsequent slowdown in phase III (2001-2008) is evident. The data in chart 1 show th at the increase in the rate o f quality-adjusted price declines obtained in other studies was n o t caused by changes in prices alone. There was som e underlying technological shift in the m icroprocessor industry, w hich shows up in a purely technological m easure like perform ance. The pattern o f acceleration an d slow dow n occurred for b o th Intel and AMD, w hich to gether occupy alm ost all o f the m icroprocessor m arket. The goal o f m y study was to provide a technology-cen tered explanation o f the acceleration and slowdown (Pillai 2009). Technological progress in m icroprocessors (and other sem iconductor chips) has been m ade possible by continuous decrease in the size o f the transistor, the basic electronic com ponent in sem iconductor chips. Smaller transistors are faster. M oreover, if transistors are smaller, then m ore o f them can be p u t in a given area. Hence, a decrease in transistor size allows m icro processor firm s, like Intel and AMD, to use m ore tra n sistors in their m icroprocessors and to develop m ore sophisticated m icroprocessor designs (m icroarchitec ture) th at have higher perform ance. This continual in crease in the n um ber o f transistors per chip was first predicted by G ordon M oore, a cofounder o f Intel. 14 Technological Progress in the Microprocessor Industry M oore predicted in 1975 that the num ber o f transis tors in cutting edge sem iconductor chips w ould double every 2 years, a prediction that has roughly held true (chart 2). The developm ent o f new technology to make sm aller transistors is a com plex task. Sem iconductor m anufacturing involves a com bination o f chemical, m echanical, therm al, and optical processes, som e o f the m ore im p o rtan t ones being lithography, deposi tion, clean, and etch. The ability to make sm aller tra n sistors requires innovations in all these different processes. The research and developm ent (R&D) re quired for these innovations has been undertaken by a group o f com panies different from com panies like In tel and AMD who m anufacture chips. For example, the lithography m arket is currently dom inated by three com panies— ASML, Nikon, and C anon— and the dep osition m arket is dom inated by Applied M aterials and Tokyo Electron. These firm s em body their innovations in new vintages o f capital equipm ent. Intel and AMD repeatedly purchase newer vintages o f capital equip m ent from the equipm ent com panies and use them in their m anufacturing plants to make faster m icropro cessors, w ith the smaller transistors m ade possible by the new vintage o f equipm ent. C hart 3 shows the adoption o f new capital equipm ent by Intel and AMD; the date o f adoption o f the vintage is show n on the x-axis, and transistor sizes are show n on the y-axis Chart 1. Acceleration and Slowdown in Growth of Microprocessors Performance Performance Chart 2. Moore’s Law Transistors (milions) February 2011 February 2011 Survey of C u r r e n t B u s in e s s (m easured in m icrons, w hich is a m illionth o f a m eter). The nam es o f the lithography process used in each vintage are shown on the graph. C h art 3 shows th at Intel has adopted 14 vintages d u rin g 1971-2008. Before 1990, the average interval betw een adoptions was 4.3 years, w hich decreased to 2.08 years after 1990. Intel was adopting new vintages at shorter tim e intervals during the period after 1990, im plying th at the sem iconductor equipm ent firm s were innovating at a faster rate after 1990. The decrease in the intervals between vintages (technology node cy cles) after 1990 has been noted by m any others in the sem iconductor industry. A proxim ate explanation for the acceleration is that an increase in the innovation rate in the sem iconduc to r eq u ipm ent industry allowed m icroprocessor firms Intel and AM D to reduce the tim e lag between new vintage adoptions. This caused the increase in the grow th rates in perform ance seen in chart 1. But this explanation raises another question: how did the sem i conductor equipm ent firm s m anage to innovate faster after 1990? O ne possible explanation is th at the in crease in innovation rate was the result o f activities undertaken by SEMATECH, a consortium o f sem icon du ctor com panies th at was established in the U nited States in 1988 in response to increasing com petition from Japan. Since its establishm ent, SEMATECH has worked w ith sem iconductor equipm ent com panies to accelerate the developm ent o f new vintages o f capital equipm ent. A lthough initially established as a consor tiu m o f U.S. com panies, SEMATECH expanded to in clude non-U.S. m em bers and becam e an international consortium . C oincident w ith SEMATECH’s efforts, the sem iconductor industry also established the In ter national Technology R oadm ap for Sem iconductors (ITRS), a consensus plan listing the industry’s forecast for the next 15 years o f progression to newer vintages and the obstacles faced and possible solutions to over com e these problem s. These national and global efforts im proved the coordination am ong the disparate sem i conductor chip m anufacturers and equipm ent m akers and could have led to the m ore rapid developm ent o f new vintages o f sem iconductor capital equipm ent. C om peting w ith this supply side explanation is a plausible dem and side explanation o f the acceleration. The acceleration in m icroprocessor perform ance in the 1990s coincided w ith the IT bo o m fueled by the expan sion o f the Internet. The new found uses o f faster com puters— for example, in online video and m ultim edia applications— m ight have m ade it profitable for com panies like Intel to undertake investm ents th at w ould increase com puting perform ance at a faster rate th an before. In this explanation, the exogenous dem and shock fueled by the Internet bo o m led to the accelera tio n in grow th o f perform ance. Some su p p o rt for the technology-based explanation comes from the R&D data for sem iconductor eq uip m ent com panies. The N orth A m erican Indu stry Clas sification System (NAICS) classifies the sem iconductor equipm ent m anufacturing industry under a separate six-digit code w ith the nam e “Sem iconductor M achin ery M anufacturing” (NAICS code 333295). The R&D expenditures o f publicly listed com panies in NAICS code 333295 are available from the COMPUSTAT d a tabase. A lthough the data for N o rth A m erican com pa nies are available for all the years o f interest (1971-2008), the data for the rest o f the w orld are available only from 1989 onwards. The finding th at Chart 3. Adoption of New Vintages of Capital Equipment by Intel Vintage (microns p) 15 16 Technological Progress in the Microprocessor Industry emerges from these data is th at the average annual grow th rate o f R&D in the industry was lower during 1990-2008 th an during 1971-89. The average annual R&D grow th rates are listed in table 1. The first row lists the average annual grow th rate o f R&D for U.S. com panies only, while the second row shows the grow th rates for the set including U.S. and foreign firms. Table 1. R&D Growth Rates in the Sem iconductor M achinery M anufacturing [Percent, average annual rates] 1971-89 1990-2008 U.S companies.......................................................... U.S. and foreign companies................................... 25.9 25.9 19.6 22.1 As can be seen from table 1, the R&D grow th rates were lower during 1990-2008 th an in 1971-89. Thus, even as the innovation rates in the sem iconductor equipm ent in dustry increased during 1990-2008, R&D grow th rates in the industry decreased. The o b servation th at R&D grow th rates in the sem iconductor equipm ent in d ustry have decreased has been do cu m ented in m any other sources as well, m ost notably in H utcheson (2005). The sim ultaneous occurrence o f in creases in innovation rates and decreases in grow th rates o f R&D in the sem iconductor equipm ent in d u s try lends indirect support to the technology-based ex planation: th at coordination activities undertaken in the sem iconductor industry by SEMATECH, ITRS, an d oth er R&D organizations enhanced the R&D ca pabilities o f equipm ent firm s, leading to faster tran si tions to new er vintages. W hile the acceleration in m icroprocessor perfor m ance could be traced back to the increase in innova tion rates in the sem iconductor equipm ent industry and faster adoptions o f new vintages by m icroproces sor firms, a sim ilar story cannot explain the slowdown after 2000. The average period betw een adoptions since 2000 has rem ained roughly 2 years, the sam e as the average interval in 1990-2000. However, m any studies have po inted to a different explanation for the slowdown: the slowdown was caused by problem s re lated to m icroprocessor design, where new architec tures th at can speed up execution were n o t developed. In the beginning o f the current decade, Intel hit a wellknow n problem : its cutting edge m icroprocessors b e gan generating a lot m ore heat th an could be handled by the cooling technologies at hand. To avoid overheat ing its m icroprocessors, Intel was forced to abandon the design tren d th at it had followed in the past and shifted to w hat becam e know n as the m ulticore design. The essential idea behind the m ulticore design is to February 2011 have m any processors w orking in parallel to increase perform ance. This approach, however, has well-known lim itations, and current software technology is n o t de veloped enough to fully take advantage o f these paral lel processors (see Patterson 2010). This shift in Intel’s m icroprocessor design led to the slowdown in growth in m icroprocessor perform ance seen in chart 1. A com peting explanation is th at m icroprocessor perform ance slowed because the consum er dem and for processing pow er was saturated. C onsum er focus had shifted from faster desktops and laptops to smaller netw orked devices like netbooks, sm artphones, and electronic readers. The m icroprocessor com panies chose to decrease the rate o f im proving the p erfo r m ance because the additional profits they w ould have obtained did n o t justify the costs involved in co n tin u ing to increase perform ance at the sam e rates as in 1990-2000. In the first explanation, m icroprocessor firm s hit a problem th at they were not able to solve; whereas in the second explanation, it just was n o t p ro f itable to continue on the sam e technological path as before. F urther research is needed to understan d which o f these two explanations is responsible for the slow down. If the first were true, then it w ould im ply that the m icroprocessor industry w ould revert back to its accelerated path of technological progress once the current design problem s are solved; whereas if the sec ond were true, then it w ould im ply th at the current rate o f technological progress w ould continue into the future. R eferen ces Aizcorbe, Ana. 2005. “M o o res Law, C om petition, and Intel’s Productivity in the M id-1990s.” American Eco nomic Review 95, no. 2 (May): 305-308. Aizcorbe, Ana, Stephen D. Oliner, and Daniel E. Sichel. 2006. “Shifting Trends in Sem iconductor Prices and the Pace of Technological Progress.” Finance and Econom ics Discussion Series, no. 2006-44. Board o f G overnors o f the Federal Reserve System (D ecem ber). H utcheson, Dan. 2005. “The R&D Crisis.” Technical Report, VLSI Research. Santa Clara, CA. Jorgenson, Dale W. 2001.“Inform ation Technology and the U.S Economy.” American Economic Review 91, no. 1 (M arch): 1-32. Oliner, Stephen D. and D aniel E. Sichel. 2000. “The Resurgence o f G row th in the 1990s: Is Inform ation Technology the Story?” Journal o f Economic Perspec tives 14, no. 4 (Fall): 3-22. Patterson, David. 2010. “The Trouble w ith M ulti core.” IEEE Spectrum 47 (July): 28-32. Pillai, Unni. 2009. “A M odel o f Technological Progress in the M icroprocessor Industry.” W orking Pa per. College or Nanoscale Science and Engineering, University at Albany-SUNY. D-1 February 2011 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 w ithout BEA’s permission. Citing the S u r v e y o f C u r r e n t B u s i n e s s and BEA as the source is appreciated. More detailed estimates from BEA’s accounts are available on BEA’s Web site at www.bea.gov. These estimates are available in a variety of formats. In addition, news releases, articles, and other inform ation, including methodologies and working papers, are available. The tables present annual [A], quarterly [Q], and m onthly [M] data. N ational Data A. Selected NIPA tables [A,Q] 1. Domestic product and incom e..............................D-2 2. Personal income and outlays.................................D-19 3. Government current receipts and expenditures ...D-24 4. Foreign transactions............................................... D-35 5. Saving and investment........................................... D-39 6. Income and employment by industry.................. D-46 7. Supplemental tables................................................ D-47 G. Investm ent tables [A] G.l U.S. international investment position............. D-68 G.2 USDIA: Selected item s........................................ D-69 G.3 Selected financial and operating data of foreign affiliates of U.S. companies............................D-70 G.4 FDIUS: Selected items......................................... D-71 G.5 Selected financial and operating data of U.S. affiliates of foreign companies.......................D-72 H. Charts B. NIPA-re Ia ted table The United States in the international economy..... D-73 B.l Personal income and its disposition [A, M ]...... D-50 C. Historical measures [A, Q] C.l GDP and other major NIPA aggregates............. D-51 D. Charts Selected NIPA series................................................... D-55 Industry Data R e g io n a l D a ta I. State and regional tables 1.1 Personal income [Q ]............................................. D-74 1.2 Personal income and per capita personal income [A].......................................... D-75 1.3 Disposable personal income and per capita disposable personal income [A].......................D-76 1.4 Gross domestic product by state [A]....................D-77 E. Industry table E.l Value added by industry [A]................................D-61 Intern atio nal Data F. Transactions tables F.l U.S. international transactions in goods and services [A, M ] ........................................... D-62 F.2 U.S. international transactions [A, Q ]................ D-63 F.3 U.S. international transactions by area [Q]........ D-64 F.4 Private services transactions [A]..........................D-67 J. Local area tables ]. 1 Personal income and per capita personal income by metropolitan area [A ]..................................D-78 J.2 Gross domestic product by metropolitan area for industries [A]............................................... D-83 K. Charts Selected regional estimates......................................... D-87 A p p e n d ix e s A. Additional information about the NIPA estim ates Statistical conventions................................................ D-89 Reconciliation table [A, Q ]........................................ D-90 B. Suggested reading ............................................... D-91 D-2 February 2011 National Data A. S elected NIPA Tables The selected set o f NIPA tables presents the m ost recent estim ates o f gross dom estic pro d u ct (GDP) and its com ponents, w hich were released on January 28, 2011. These estim ates include the advance estim ates for the fo u rth qu arter o f 2010 and the initial annual estim ates for 2010. T he selected set presents quarterly estim ates th at are updated m onthly. A nnual estim ates are presented in m ost o f the tables. The GDP news release is available on BEA’s Web site w ithin m inutes after the release. To receive an e-mail n o tification o f the release, go to www.bea.gov and subscribe. The “Selected NIPA Tables” are available later th at day. 1. Dom estic Product and Income Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product Table 1.1.2. Contributions to Percent Change in Real Gross Domestic Product [Percent] Seasonally adjusted at annual rates Line 2009 2010 IV Gross domestic product........ Personal consumption expenditures................................. Goods.............................................. Durable goods............................ Nondurable goods..................... S ervices.......................................... Gross private domestic investment..................................... Fixed investment............................. Nonresidential............................ Structures............................... Equipment and software....... Residential.................................. Change in private inventories....... Net exports of goods and services Exports............................................ G oods.......................................... S ervices...................................... Im ports............................................ Goods.......................................... S ervices..................................... Government consumption expenditures and gross investment..................................... Federal............................................ National defense........................ Nondefense................................ State and local................................ Addendum: Gross domestic product, current dollars.......................................... Seasonally adjusted at annual rates 2010 2009 I II Line 2009 2010 IV III 1 -2.6 2.9 5.0 3.7 1.7 2.6 3.2 2 3 4 5 6 -1.2 -2.0 -3.7 -1.2 -0.8 1.8 4.3 7.7 2.8 0.5 0.9 1.7 -1.1 3.1 0.5 1.9 5.7 8.8 4.2 0.1 2.2 3.4 6.8 1.9 1.6 2.4 4.1 7.6 2.5 1.6 4.4 10.1 21.6 5.0 1.7 7 8 9 10 11 12 13 14 1b 16 17 18 19 20 -22.6 -18.3 -17.1 -20.4 -15.3 -22.9 16.7 3.8 5.5 -14.0 15.1 -3.0 26.7 -1.3 -1.4 -29.2 14.6 -0.8 29.1 3.3 7.8 -17.8 20.4 -12.3 26.2 18.9 17.2 -0.5 24.8 25.7 15.0 1.5 10.0 -3.5 15.4 -27.3 -22.5 4.2 4.4 0.8 5.8 3.4 -9.5 -12.0 -3.9 -13.8 -15.8 -4.2 11.7 14.6 5.8 12.6 14.6 3.5 24.4 31.7 10.2 4.9 6.2 -0.5 11.4 14.0 5.8 11.2 12.0 7.8 9.1 11.5 3.9 33.5 40.5 4.3 6.8 5.8 8.9 16.8 17.4 14.2 8.5 10.0 5.1 -13.6 -15.5 -3.8 21 22 23 24 25 1.6 5.7 5.4 6.5 -0.9 1.1 4.8 3.9 6.6 -1.3 -1.4 0.0 -2.5 5.6 -2.3 -1.6 1.8 0.4 5.0 -3.8 3.9 9.1 7.4 12.8 0.6 3.9 8.8 8.5 9.5 0.7 -0.6 -0.2 -2.0 3.7 -0.9 26 -1.7 3.8 4.7 4.8 3.7 4.6 3.4 2009 IV Percent change at annual rate: Gross domestic product........ Percentage points at annual rates: Personal consumption expenditures................................. G oods.............................................. Durable goods........................... Nondurable goods..................... Services........................................... Gross private domestic investment..................................... Fixed investment............................. Nonresidential............................. Structures............................... Equipment and software....... Residential.................................. Change in private inventories....... Net exports of goods and services Exports............................................ Goods.......................................... Services...................................... Imports............................................. Goods.......................................... Services...................................... Government consumption expenditures and gross investment..................................... Federal............................................. National defense........................ Nondefense................................ State and local................................ 2010 I II III IV 1 -2.6 2.9 5.0 3.7 1.7 2.6 3.2 2 3 4 5 6 -0.84 -0.46 -0.27 -0.18 -0.38 1.27 1.00 0.56 0.45 0.27 0.69 0.42 -0.07 0.49 0.27 1.33 1.29 0.62 0.67 0.03 1.54 0.79 0.49 0.31 0.75 1.67 0.94 0.54 0.39 0.74 3.04 2.26 1.48 0.78 0.78 7 8 9 10 11 12 13 14 15 16 17 18 19 20 -3.24 -2.69 -1.96 -0.81 -1.15 -0.74 -0.55 1.13 -1.18 -1.04 -0.15 2.32 2.20 0.12 1.84 0.46 0.53 -0.43 0.97 -0.07 1.38 -0.48 1.34 1.12 0.22 -1.82 -1.72 -0.09 2.70 -0.12 -0.10 -1.01 0.91 -0.02 2.83 1.90 2.56 2.19 0.37 -0.66 -0.68 0.02 3.04 0.39 0.71 -0.53 1.24 -0.32 2.64 -0.31 1.30 1.09 0.21 -1.61 -1.41 -0.20 2.88 2.06 1.51 -0.01 1.52 0.55 0.82 -3.50 1.08 0.93 0.15 -4.58 -4.46 -0.12 1.80 0.18 0.93 -0.09 1.02 -0.75 1.61 -1.70 0.82 0.49 0.33 -2.53 -2.16 -0.37 -3.20 0.50 0.43 0.02 0.41 0.08 -3.70 3.44 1.04 0.85 0.19 2.40 2.29 0.11 21 22 23 24 25 0.32 0.43 0.27 0.16 -0.11 0.23 0.39 0.22 0.17 -0.16 -0.28 0.01 -0.13 0.14 -0.29 -0.32 0.15 0.02 0.13 -0.48 0.80 0.72 0.40 0.32 0.08 0.79 0.71 0.46 0.25 0.09 -0.11 -0.01 -0.11 0.10 -0.10 February 2011 S urvey of D-3 C u r r e n t B u s in e s s Table 1.1.3. Real Gross Domestic Product, Quantity Indexes Table 1.1.4. Price Indexes for Gross Domestic Product [Index numbers, 2005=100] [Index numbers, 2005=100] Seasonally adjusted Line Gross domestic product Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ S ervices................................. Gross private domestic investment............................. Fixed investment.................... Nonresidential................... Structures...................... Equipment and software Residential......................... Change in private inventories Net exports of goods and Exports................................... G oods................................. S ervices............................ Im ports................................... Goods................................. Services............................ Government consumption expenditures and gross investment............................ Federal................................... National defense............... Nondefense....................... State and local....................... 2009 1 101.917 2 3 4 5 6 104.829 Seasonally adjusted 2010 IV I II 103.012 103.960 104.403 Line III 114.228 112.377 118.303 91.418 88.615 106.461 81.450 79.729 101.107 90.322 105.952 42.908 127.613 128.772 125.143 102.898 101.594 110.203 73.000 76.198 94.879 95.310 94.895 44.092 77.811 76.826 96.677 90.761 99.408 42.670 120.569 123.858 120.484 124.495 120.822 122.533 93.874 96.401 91.691 94.321 105.772 107.766 105.065 105.888 82.474 85.400 80.219 80.517 100.592 103.019 90.649 89.848 105.067 108.898 45.177 41.719 80.118 81.356 104.142 90.031 110.434 42.068 126.592 127.939 123.708 103.613 102.690 108.916 131.324 132.890 127.951 103.861 102.485 111.529 128.679 129.762 126.380 107.718 106.881 112.601 2009 2010 21 107.287 108.449 107.613 107.185 108.228 109.270 109.113 22 117.266 122.906 119.091 119.634 122.276 124.882 124.833 23 117.648 122.289 119.477 119.582 121.732 124.233 123.610 24 116.467 124.194 118.283 119.738 123.410 126.236 127.393 25 101.688 100.361 101.179 100.213 100.367 100.541 100.323 2009 2010 IV IV 103.797 105.632 104.126 104.608 105.178 105.801 106.942 101.416 105.788 102.533 103.952 104.837 105.898 108.465 99.011 106.616 100.870 103.025 104.735 106.673 112.029 102.487 105.347 103.247 104.321 104.823 105.476 106.769 105.006 105.576 104.936 104.952 105.366 105.775 106.211 7 69.778 8 76.835 9 95.804 10 105.064 11 92.035 12 44.220 13 14 15 16 17 18 19 20 2010 2009 Gross domestic product Personal consumption expenditures........................ G oods..................................... Durable g oods................... Nondurable g oods............ Services.................................. Gross private domestic investment............................. Fixed investment.................... Nonresidential.................... Structures...................... Equipment and software Residential......................... Change in private inventories Net exports of goods and Exports................................... G oods................................. Services.............................. Imports.................................... Goods................................. Services.............................. Government consumption expenditures and gross investment............................ Federal.................................... National defense............... Nondefense....................... State and local....................... I II 109.258 103.634 93.782 109.262 112.233 111.123 110.333 110.901 105.409 105.120 105.784 92.449 93.603 93.121 112.748 111.651 112.949 114.159 113.102 113.620 7 8 9 10 11 12 13 104.873 105.260 105.700 122.187 99.620 102.736 103.023 103.613 103.711 120.409 97.710 102.356 103.466 102.952 102.765 102.895 104.030 103.661 103.487 103.523 104.144 103.639 103.636 103.689 119.017 119.291 119.887 120.755 97.954 97.764 97.574 98.721 102.712 102.869 102.030 101.994 103.480 103.782 103.883 121.705 97.547 102.531 105.877 104.403 109.172 105.987 104.908 110.711 110.309 109.392 112.309 112.851 112.404 114.786 107.424 108.771 106.072 107.565 110.437 111.451 111.222 114.514 110.650 114.497 113.650 114.351 iib .0 6 b 108.965 112.480 112.234 111.653 114.813 110.122 109.072 112.435 109.892 108.977 114.164 112.282 111.966 112.872 114.764 114.490 115.816 115.067 111.141 111.590 110.222 117.434 116.606 112.615 113.377 111.053 119.014 116.706 112.756 113.529 111.170 119.083 117.589 113.234 114.124 111.415 120.258 14 15 16 17 18 19 20 21 114.644 116.815 22 110.895 112.745 23 111.342 113.519 24 109.984 111.159 25 116.892 119.279 116.358 112.375 113.046 110.997 118.760 110.888 104.812 92.755 111.638 114.116 111.102 111.602 105.058 105.982 92.235 91.685 112.315 114.091 114.314 114.584 2 3 4 5 6 Table 1.1.5. Gross Domestic Product Table 1.1.6. Real Gross Domestic Product, Chained Dollars [Billions of dollars] [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2009 2010 IV Gross domestic product Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ S ervices................................. Gross private domestic investment............................ Fixed investment.................... Nonresidential................... Structures...................... Equipment and software Residential......................... Change in private inventories Net exports of goods and services................................. Exports................................... Goods................................. Services............................ Im ports................................... Goods................................. S ervices............................. Government consumption expenditures and gross investment............................ Federal................................... National defense............... Nondefense....................... State and local....................... Line 2010 2009 I II III 2009 2010 2 10,001.3 10,351.9 10,131.5 10,230.8 10,285.4 10,366.3 10,525.2 3 3,230.7 3,427.6 3,312.9 3,380.0 3,377.5 3,419.6 3,533.3 4 1,026.5 1,089.6 1,043.9 1,060.7 1,074.1 1,087.8 1,135.7 5 2,204.2 2,338.0 2,269.0 2,319.3 2,303.4 2,331.8 2,397.7 6 6,770.6 6,924.3 6,818.6 6,850.9 6,907.9 6,946.7 6,991.8 / 8 9 10 11 12 13 1,589.2 1,716.4 1,364.4 451.6 912.8 352.1 -127.2 1,821.4 1,752.8 1,412.5 381.8 1,030.7 340.4 68.5 1,637.7 1,681.9 1,330.9 398.2 932.7 351.0 -44.2 1,739.7 1,689.8 1,349.6 380.1 969.5 340.2 50.0 1,841.8 1,761.4 1,404.2 381.5 1,022.7 357.2 80.4 1,907.2 1,768.6 1,438.8 380.9 1,057.9 329.8 138.6 1,796.7 1,791.5 1,457.2 384.7 1,072.5 334.3 5.2 14 15 16 17 18 19 20 -386.4 1,578.4 1,063.1 515.3 1,964.7 1,587.8 376.9 -515.5 1,837.1 1,276.4 560.7 2,352.6 1,948.0 404.6 -426.4 1,689.9 1,157.6 532.3 2,116.3 1,731.8 384.5 -479.9 1,757.8 1,213.0 544.8 2,237.6 1,843.5 394.1 -539.3 1,817.9 1,262.8 555.1 2,357.1 1,957.2 400.0 -550.5 1,848.9 1,282.0 566.9 2,399.4 1,988.2 411.2 -492.2 1,923.9 1,347.7 576.1 2,416.0 2,002.9 413.1 21 22 23 24 25 2,914.9 1,139.6 771.6 368.0 1,775.3 3,002.3 1,214.4 817.8 396.6 1,788.0 2,934.5 1,159.9 785.4 374.5 1,774.7 2,955.7 1,178.1 796.3 381.8 1,777.6 2,990.8 1,206.7 813.0 393.7 1,784.1 3,022.2 1,233.9 830.8 403.1 1,788.2 3,040.7 1,238.7 831.0 407.7 1,802.0 Gross domestic product Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable g oods............ Services.................................. Gross private domestic investment............................ Fixed investment.................... Nonresidential.................... Structures...................... Equipment and software Residential......................... Change in private inventories Net exports of goods and services................................. Exports................................... Goods................................. Services.............................. Imports Goods................................. Services.............................. Government consumption expenditures and gross investment............................ Federal.................................... National defense............... Nondefense....................... State and local....................... Residual...................................... 2010 2009 IV IV 1 14,119.0 14,660.2 14,277.3 14,446.4 14,578.7 14,745.1 14,870.4 IV III 1 109.618 110.664 109.693 109.959 110.485 111.060 111.153 I II III IV 1 12,880.6 13,248.7 13,019.0 13,138.8 13,194.9 13,278.5 13,382.6 2 3 4 5 6 9,153.9 3,117.4 1,094.6 2,017.4 6,032.7 9,315.7 3,251.8 1,178.6 2,073.7 6,065.4 9,182.9 3,151.8 1,115.1 2,032.3 6,028.7 9,225.4 3,195.4 1,138.9 2,053.5 6,029.6 9,275.7 3,222.6 1,157.8 2,063.4 6,053.4 9,330.6 3,255.2 1,179.3 2,076.2 6,076.9 9,431.2 3,334.1 1,238.5 2,101.7 6,101.9 7 8 9 10 11 12 13 1,515.7 1,630.7 1,290.8 369.6 916.3 342.7 -113.1 1,769.3 1,692.1 1,362.2 317.7 1,054.8 332.5 60.4 1,585.7 1,617.1 1,278.3 335.3 944.7 341.7 -36.7 1,690.2 1,630.5 1,302.6 319.3 989.7 330.7 44.1 1,791.5 1,702.5 1,355.3 318.9 1,046.0 350.1 68.8 1,855.1 1,708.8 1,388.0 316.0 1,084.2 323.3 121.4 1,740.3 1,726.6 1,403.1 316.7 1,099.5 326.0 7.2 14 15 16 17 18 19 20 -363.0 1,490.7 1,018.2 472.0 1,853.8 1,513.5 340.5 -421.1 1,665.4 1,166.8 499.3 2,086.6 1,735.2 352.4 -330.1 1,573.5 1,091.7 482.0 1,903.6 1,566.1 338.3 -338.4 1,616.4 1,128.0 488.9 1,954.8 1,611.0 344.6 -449.0 1,652.1 1,159.2 493.6 2,101.1 1,753.9 348.3 -505.0 1,679.3 1,175.8 504.2 2,184.3 1,825.5 360.1 -392.2 1,713.9 1,204.1 510.5 2,106.1 1,750.4 356.7 21 22 23 24 25 26 2,542.6 1,027.6 693.0 334.6 1,518.8 37.8 2,570.1 1,077.0 720.3 356.8 1,499.0 11.0 2,550.3 1,043.6 703.8 339.8 1,511.2 33.8 2,540.2 1,048.4 704.4 344.0 1,496.8 26.5 2,564.9 1,071.5 717.1 354.5 1,499.1 15.2 2,589.6 1,094.3 731.8 362.6 1,501.7 10.7 2,585.8 1,093.9 728.1 365.9 1,498.4 -8.8 N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. D-4 National Data Table 1.1.7. Percent Change From Preceding Period in Prices for Gross Domestic Product February 2011 Table 1.1.8. Contributions to Percent Change in the Gross Domestic Product Price Index [Percent] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Gross domestic product Personal consumption expenditures........................ Goods..................................... Durable goods................... Nondurable goods............ S ervices................................. Gross private domestic investment............................. Fixed investment.................... Nonresidential................... Structures...................... Equipment and software Residential......................... Seasonally adjusted at annual rates 2010 I II Line III Implicit price deflators: Gross domestic p ro d u ct1 Gross national p ro d u ct1 2009 IV 0.9 1.0 -0.2 1.0 1.9 2.1 0.3 2 3 4 5 6 0.2 -2.5 -1.6 -2.9 1.5 1.7 1.7 -1.4 3.2 1.7 2.7 2.8 0.7 3.8 2.7 2.1 2.6 -2.0 4.7 1.8 0.0 -3.6 -1.6 -4.6 1.8 0.8 0.9 -2.2 2.4 0.7 1.8 3.6 -2.4 6.5 0.9 / 8 9 10 11 12 n -2.0 -1.7 -1.2 -2.6 -0.5 -3.4 -1.8 -1.6 -1.9 -1.5 -1.9 -0.4 -0.7 -1.0 -2.4 -2.1 -2.5 4.3 -2.0 -1.4 -1.9 0.9 -3.1 0.6 -0.7 -0.7 0.0 2.0 -0.8 -3.2 0.5 0.1 0.2 2.9 -0.8 -0.1 2.3 1.0 0.8 3.2 -0.1 2.1 14 15 16 17 18 19 20 -5.4 -6.8 -2.2 -10.7 -12.3 -2.8 4.2 4.8 2.9 6.5 7.1 3.7 4.6 4.6 4.7 21.8 24.8 9.2 5.1 5.8 3.7 12.4 14.6 2.5 4.8 5.3 3.7 -7.7 -9.6 1.6 0.2 0.4 -0.2 -8.1 -9.2 -2.2 8.1 11.0 1.6 18.9 21.8 5.9 21 22 23 24 25 -0.3 -0.2 -0.7 0.8 -0.4 1.9 1.7 2.0 1.1 2.0 1.5 1.5 1.6 1.5 1.5 4.6 4.5 5.3 2.8 4.6 0.9 0.9 1.2 0.2 0.9 0.3 0.5 0.5 0.4 0.2 3.1 1.7 2.1 0.9 4.0 ?fi 0.9 -0.2 1.0 1.9 2.1 2/ 28 0.9 0.9 -0,3 -0.3 1.1 1.0 2.0 1.9 2.0 2.0 0.9 2010 IV 1 Net exports of goods and Exports................................... Goods................................. Services............................. Im ports................................... Goods................................. Services............................ Government consumption expenditures and gross investment............................. Federal................................... National defense................ Nondefense....................... State and local....................... Addenda: 2009 0.3 Percent change at annual rate: Gross domestic product Percentage points at annual rates: Personal consumption expenditures........................ G oods..................................... Durable goods................... Nondurable g oods............ Services.................................. Gross private domestic investment............................ Fixed investment.................... Nonresidential.................... Structures...................... Equipment and software Residential......................... Change in private inventories Net exports of goods and services................................. Exports................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. Government consumption expenditures and gross investment............................ Federal.................................... National defense............... Nondefense....................... State and local....................... 2010 I II IV III 1 0.9 1.0 -0.2 1.0 1.9 2.1 0.3 2 3 4 5 6 0.13 -0.58 -0.12 -0.46 0.71 1.18 0.38 -0.11 0.49 0.80 1.87 0.62 0.04 0.58 1.25 1.46 0.59 -0.15 0.74 0.87 -0.03 -0.86 -0.12 -0.74 0.83 0.55 0.22 -0.17 0.39 0.33 1.27 0.82 -0.18 1.00 0.44 7 8 9 10 11 12 13 -0.25 -0.23 -0.13 -0.10 -0.03 -0.10 -0.02 -0.18 -0.19 -0.19 -0.06 -0.13 -0.01 0.01 -0.05 -0.13 -0.23 -0.07 -0.17 0.10 0.07 -0.23 -0.17 -0.18 0.02 -0.21 0.01 -0.07 -0.09 -0.08 0.00 0.05 -0.05 -0.08 -0.01 0.07 0.02 0.02 0.08 -0.05 0.00 0.05 0.29 0.12 0.07 0.08 -0.01 0.05 0.17 14 15 16 17 18 19 20 1.13 -0.66 -0.58 -0.08 1.79 1.71 0.08 -0.43 0.48 0.38 0.10 -0.92 -0.82 -0.10 -2.37 0.52 0.35 0.17 -2.88 -2.64 -0.24 -1.17 0.60 0.46 0.14 -1.77 -1.70 -0.07 1.87 0.58 0.44 0.14 1.28 1.33 -0.04 1.41 0.03 0.04 -0.01 1.38 1.31 0.06 -1.84 0.99 0.93 0.06 -2.83 -2.67 -0.16 21 22 23 24 25 -0.07 -0.02 -0.04 0.02 -0.05 0.38 0.14 0.11 0.03 0.25 0.31 0.13 0.09 0.04 0.18 0.92 0.36 0.29 0.07 0.56 0.18 0.07 0.07 0.01 0.11 0.07 0.04 0.03 0.01 0.03 0.62 0.14 0.12 0.02 0.48 1. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.1.9. Table 1.1.9. Implicit Price Deflators for Gross Domestic Product Table 1.1.10. Percentage Shares of Gross Domestic Product [Index numbers, 2005=100] [Percent] Seasonally adjusted 2009 Line Line 2009 2010 2009 IV Gross domestic product Personal consumption expenditures........................ G oods..................................... Durable goods................... Nondurable goods............ S ervices................................. Gross private domestic investment............................. Fixed investment.................... Nonresidential................... Structures...................... Equipment and software Residential......................... Change in private inventories Net exports of goods and Exports................................... Goods................................. S ervices............................. Im ports................................... Goods................................. S ervices............................. Government consumption expenditures and gross investment............................. Federal................................... National defense............... Nondefense....................... State and local....................... Addendum: Gross national product......... I II III IV 2 3 4 5 6 109.258 103.634 93.782 109.262 112.233 111.123 105.405 92.445 112.747 114.161 110.330 105.113 93.615 111.645 113.102 110.899 105.777 93.133 112.942 113.621 110.886 111.100 111.600 104.805 105.050 105.975 92.767 92.247 91.697 111.632 112.309 114.085 114.117 114.314 114.584 7 8 9 10 11 12 13 104.848 105.260 105.700 122.187 99.620 102.737 102.943 103.589 103.686 120.168 97.709 102.357 103.278 104.006 104.116 118.782 98.727 102.717 102.929 103.637 103.611 119.055 97.961 102.874 102.807 103.463 103.608 119.650 97.770 102.035 102.808 103.239 103.499 103.758 103.661 103.855 120.516 121.465 97.580 97.553 101.998 102.536 14 15 16 17 18 19 20 105.877 104.403 109.171 105.987 104.908 110.711 110.308 109.393 112.305 112.748 112.260 114.800 21 22 23 24 25 114.644 110.895 111.342 109.984 116.892 116.817 115.067 116.358 116.607 116.706 117.589 112.751 111.142 112.376 112.616 112.757 113.235 113.528 111.594 113.051 113.381 113.534 114.128 111.160 110.220 110.995 111.050 111.168 111.413 119.280 117.435 118.762 119.016 119.084 120.259 26 109.609 108.745 110.033 110.095 112.255 107.531 108.930 109.037 111.930 111.438 112.467 112.423 112.860 114.468 112.189 109.848 114.718 114.432 111.588 108.914 114.424 114.362 114.824 114.176 115.828 109.664 109.950 110.479 111.036 Gross domestic product Personal consumption expenditures........................ G oods..................................... Durable g oods................... Nondurable g oods............ Services.................................. Gross private domestic investment............................ Fixed investment.................... Nonresidential.................... Structures...................... Equipment and software Residential......................... Change in private inventories Net exports of goods and services................................. Exports................................... Goods................................. Services.............................. Imports.................................... Goods................................. Services.............................. Government consumption expenditures and gross investment............................ Federal.................................... National defense............... Nondefense....................... State and local....................... 2010 2010 IV 1 109.615 110.654 109.665 109.952 110.488 111.045 111.118 107.398 106.038 110.426 111.178 110.586 113.662 2009 2010 I II III IV 1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 2 3 4 5 6 70.8 22.9 7.3 15.6 48.0 70.6 23.4 7.4 15.9 47.2 71.0 23.2 7.3 15.9 47.8 70.8 23.4 7.3 16.1 47.4 70.6 23.2 7.4 15.8 47.4 70.3 23.2 7.4 15.8 47.1 70.8 23.8 7.6 16.1 47.0 7 8 9 10 11 12 13 11.3 12.2 9.7 3.2 6.5 2.5 -0.9 12.4 12.0 9.6 2.6 7.0 2.3 0.5 11.5 11.8 9.3 2.8 6.5 2.5 -0.3 12.0 11.7 9.3 2.6 6.7 2.4 0.3 12.6 12.1 9.6 2.6 7.0 2.5 0.6 12.9 12.0 9.8 2.6 7.2 2.2 0.9 12.1 12.0 9.8 2.6 7.2 2.2 0.0 14 15 16 17 18 19 20 -2.7 11.2 7.5 3.6 13.9 11.2 2.7 -3.5 12.5 8.7 3.8 16.0 13.3 2.8 -3.0 11.8 8.1 3.7 14.8 12.1 2.7 -3.3 12.2 8.4 3.8 15.5 12.8 2.7 -3.7 12.5 8.7 3.8 16.2 13.4 2.7 -3.7 12.5 8.7 3.8 16.3 13.5 2.8 -3.3 12.9 9.1 3.9 16.2 13.5 2.8 21 22 23 24 25 20.6 8.1 5.5 2.6 12.6 20.5 8.3 5.6 2.7 12.2 20.6 8.1 5.5 2.6 12.4 20.5 8.2 5.5 2.6 12.3 20.5 8.3 5.6 2.7 12.2 20.5 8.4 5.6 2.7 12.1 20.4 8.3 5.6 2.7 12.1 February 2011 S urvey of D- C u r r e n t B u s in e s s Table 1.1.11. Real Gross Domestic Product: Percent Change From Quarter One Year Ago [Percent] 2009 2010 Line IV Gross domestic product...................................................................................................... Personal consumption expenditures Goods............................................ Durable goods......................... Nondurable goods................... S ervices........................................................................................................................................ Gross private domestic investment Fixed investment......................... Nonresidential......................... Structures............................ Equipment and software.................................................................................................... Residential............................... Change in private inventories.... Net exports of goods and services Exports.......................................... G oods....................................................................................................................................... Services Imports.... G oods. Services................................................................................................................................... Government consumption expenditures and gross investment........................................ Federal.......................................................................................................................................... National defense Nondefense.... State and local.... Addenda: Final sales of domestic product................................................................................................. Gross domestic purchases......... Final sales to domestic purchasers........................................................................................... Gross national product............... Real disposable personal incom e............................................................................................. Price indexes (Chain-type): Gross domestic purchases.................................................................................................... Gross domestic purchases excluding food and energy 1.................................................. Gross domestic product......................................................................................................... Gross domestic product excluding food and energy 1........................................................ Personal consumption expenditures.................................................................................... Personal consumption expenditures excluding food and energy 1................................... Market-based PCE 2............................................................................................................... Market-based PCE excluding food and energy 2................................................................ II I III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 0.2 0.2 2.3 4.8 1.1 -0.8 -9.6 -12.9 -12.7 -26.5 -4.9 -13.4 2.4 0.8 3.2 5.8 2.1 -0.4 10.5 -2.0 -0.8 -20.1 9.5 -6.3 3.0 1.7 4.5 8.4 2.7 0.4 23.3 5.1 5.2 -15.6 15.7 4.8 3.2 1.8 3.7 5.5 2.9 0.9 24.1 5.3 8.2 -13.5 18.7 -5.6 2.8 2.7 5.8 11.1 3.4 1.2 9.8 6.8 9.8 -5.5 16.4 -4.6 -0.1 -0.2 0.3 -7.2 -7.3 -7.0 0.8 3.6 3.3 4.5 -1.0 11.4 14.4 5.1 6.2 7.9 -0.8 1.1 5.5 5.6 5.1 -1.5 14.1 18.7 4.9 17.4 20.8 3.2 0.6 4.1 3.4 5.5 -1.6 12.7 15.4 7.2 16.1 18.3 6.3 1.2 4.9 3.3 8.2 -1.2 8.9 10.3 5.9 10.6 11.8 5.4 1.4 4.8 3.5 7.7 -0.8 26 27 28 ?9 30 -0.3 -0.9 -1.4 0.5 0.4 0.9 1.9 0.5 2.8 0.7 1.1 3.8 1.9 3.4 0.6 1.2 4.1 2.1 3.3 1.9 2.5 3.2 2.9 31 32 33 34 35 36 37 38 0.5 0.6 0.5 0.8 1.5 1.7 1.5 1.7 1.5 1.1 0.5 1.1 2.4 1.8 2.2 1.4 1.4 1.1 0.8 1.2 1.9 1.5 1.7 1.1 1.2 1.1 1.2 1.2 1.4 1.2 1.3 1.1 1.2 1.0 1.3 1.1 1.2 0.8 1.2 0.8 2.4 1. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services. 2. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. N ote . Percent changes for real estimates are calculated from corresponding quantity indexes presented in NIPA tables 1.1.3,1.2.3,1.4.3, and 1.7.3. Percent changes in price estimates are calculated from corresponding 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 2009 2009 2010 2010 IV 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............................................................................................. 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................................................. Gross domestic purchases excluding final sales of computers to domestic purchasers.... Final sales of domestic product, current dollars...................................................................... 1 2 3 4 5 fi 7 8 q 10 11 1? 13 14 15 16 17 18 19 20 I II IV III -2.6 -2.1 2.9 1.4 5.0 2.1 3.7 1.1 1.7 0.9 2.6 0.9 3.2 7.1 -3.8 -1.6 11.1 5.4 23.9 11.0 19.5 8.6 -0.8 -3.7 7.4 1.4 8.5 24.3 -10.0 -5.4 16.8 7.5 16.3 4.0 33.3 11.2 11.2 5.3 12.1 7.7 4.3 19.5 3.2 2.6 5.6 3.3 31.7 18.5 7.4 6.0 -11.8 -12.2 2.6 -4.8 12.9 29.4 -0.2 -16.6 0.8 -7.1 0.8 -15.9 0.0 -15.2 1.9 10.6 1.8 -7.9 1.1 2.0 -24.7 -2.1 5.0 -2.7 -3.7 -1.1 25.8 2.4 18.5 2.8 3.0 2.4 13.7 4.8 17.3 5.0 2.6 1.8 42.3 3.0 19.2 3.7 3.9 2.1 -2.7 1.8 5.3 1.7 4.9 2.9 25.0 2.1 65.1 2.3 4.1 3.0 -14.2 3.6 62.0 2.9 -0.5 7.3 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. National Data D-6 Table 1.2.2. Contributions to Percent Change in Real Gross Domestic Product by Major Type of Product February 2011 Table 1.2.3. Real Gross Domestic Product by Major Type of Product, Quantity Indexes [Index numbers, 2005=100] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Percent change at annual rate: Gross domestic product....... Percentage points at annual rates: Final sales of domestic product.............................. Change in private inventories........................ Goods............ Final sale; Change in private inventories Durable goods............................... Final sales................................. Change in private inventories 1 Nondurable goods........................ Final sales................................. Change in private inventories 1 Services 2.......................................... Structures......................................... Addenda: Motor vehicle output..................... Gross domestic product excluding motor vehicle output................ Final sales of com puters3........... Gross domestic product excluding final sales of computers........... Seasonally adjusted Line 2010 I II III 2009 2009 2010 2010 IV 1 -2.6 2.9 5.0 3.7 1.7 2.6 3.2 2 -2.08 1.48 2.19 1.09 0.90 0.95 6.87 3 4 5 6 7 8 9 10 11 12 13 14 -0.55 -0.99 -0.44 -0.55 -1.39 -0.76 -0.63 0.40 0.32 0.08 -0.10 -1.54 1.38 2.85 1.47 1.38 2.15 1.03 1.12 0.70 0.44 0.26 0.55 -0.54 2.83 5.74 2.91 2.83 2.06 0.60 1.46 3.68 2.31 1.37 0.57 -1.30 2.64 4.90 2.26 2.64 3.91 1.46 2.45 0.99 0.80 0.19 0.02 -1.18 0.82 -0.20 -1.02 0.82 1.49 0.71 0.78 -1.69 -1.73 0.04 1.21 0.71 1.61 1.99 0.37 1.61 1.63 1.03 0.60 0.36 -0.65 1.01 1.15 -0.58 -3.70 2.31 6.01 -3.70 0.62 2.51 -1.88 1.69 3.51 -1.82 0.72 0.14 15 -0.56 0.46 0.25 0.74 -0.06 0.49 -0.34 16 17 -2.07 0.03 2.40 0.10 4.76 0.09 2.99 0.10 1.78 0.03 2.07 0.29 3.51 0.31 18 -2.66 2.76 4.92 3.63 1.69 2.27 2.86 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. 101.917 104.829 103.012 103.960 104.403 105.065 105.888 Gross domestic product...... Final sales of domestic product............................... Change in private inventories........................ G oods................................................ Final sales.................................. Change in private inventories Durable goods............................... Final sales.................................. Change in private inventories 1 Nondurable goods........................ Final sales.................................. Change in private inventories 1 Services 2.......................................... Structures.......................................... Addenda: Motor vehicle outp ut..................... Gross domestic product excluding motor vehicle output Final sales of com puters3........... Gross domestic product excluding final sales of computers.................................. Gross domestic purchases excluding final sales of computers to domestic purchasers................................. 103.212 104.696 103.676 103.948 104.181 104.424 106.230 104.880 116.487 110.007 115.025 114.803 116.862 119.258 110.050 116.018 112.705 115.043 113.957 114.343 120.729 99.577 116.279 104.284 112.043 115.048 118.381 119.645 108.049 116.155 109.725 112.669 114.124 116.265 121.563 110.477 116.670 116.071 118.152 114.500 115.241 118.788 111.982 115.713 115.660 117.354 113.610 112.209 119.680 106.102 106.970 106.294 106.297 106.786 107.251 107.545 71.407 66.358 68.472 65.703 67.380 66.010 66.337 60.568 76.204 68.836 75.184 74.677 101.501 104.320 102.589 103.513 103.949 104.536 105.280 19 98.494 101.493 99.162 100.109 101.309 102.344 102.209 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 1.2.4. Price Indexes for Gross Domestic Product by Major Type of Product Table 1.2.5. Gross Domestic Product by Major Type of Product [Index numbers, 2005=100] [Billions of dollars] Seasonally adjusted at annual rates Seasonally adjusted Line 2009 2010 IV Gross domestic product....... Final sales of domestic product.............................. Change in private 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 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.................................. Implicit price deflator for final sales of domestic product Line 2010 2009 I II III 2 109.647 110.713 109.736 110.020 110.552 111.117 111.163 15 101.245 100.494 100.232 101.263 100.621 100.329 95.676 95.545 94.009 93.979 95.062 95.037 99.387 100.154 101.562 100.874 99.545 100.332 101.736 100.873 94.406 94.406 94.122 94.098 93.940 93.901 93.568 93.510 107.928 108.300 106.452 105.395 107.396 110.739 109.668 108.196 108.668 106.770 105.808 107.875 111.216 109.775 112.591 114.682 113.352 114.143 114.605 114.789 115.191 114.144 113.270 112.584 112.827 112.868 113.313 114.073 97.984 100.184 100.074 99.918 100.265 100.309 100.245 16 109.991 111.014 110.020 110.297 110.828 111.417 111.513 17 51.690 47.171 49.454 48.465 47.656 46.585 45.981 18 110.128 111.242 110.230 110.512 111.054 111.650 111.753 19 109.647 110.714 109.734 110.018 110.550 111.116 111.161 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. 2009 2010 2009 IV IV 1 109.618 110.664 109.693 109.959 110.485 111.060 111.153 4 5 fi 7 8 q 10 11 1? 13 14 75.993 78.963 103.203 105.726 104.082 104.862 105.335 105.884 106.825 197.008 233.473 200.528 209.533 212.272 240.628 271.460 Gross domestic product Final sales of domestic product...................... Change in private inventories............... G oods....................................... Final sales......................... Change in private inventories.................... Durable g oods...................... Final sales......................... Change in private inventories 1.................. Nondurable g oods............... Final sales......................... Change in private inventories 1.................. 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......................... 2010 I II III IV 1 14,119.0 14,660.2 14,277.3 14,446.4 14,578.7 14,745.1 14,870.4 2 14,246.3 14,591.6 14,321.5 14,396,4 14,498.3 14,606.5 14,865.2 3 4 5 -127.2 3,687.3 3,814.5 68.5 4,064.7 3,996.1 -44.2 3,826.5 3,870.7 50.0 3,970.1 3,920.1 80.4 3,994.2 3,913.8 138.6 4,120.6 3,982.0 5.2 4,173.9 4,168.7 6 7 8 -127.2 1,801.5 1,915.9 68.5 2,067.7 2,025.9 -44.2 1,875.3 1,935.5 50.0 2,000.9 1,974.2 80.4 2,048.5 1,993.2 138.6 2,103.7 2,026.3 5.2 2,117.7 2,109.8 9 10 11 -114.4 1,885.8 1,898.6 41.8 1,997.0 1,970.3 -60.2 1,951.2 1,935.2 26.7 1,969.1 1,945.9 55.3 1,945.7 1,920.6 77.4 2,016.9 1,955.7 7.8 2,056.2 2,058.9 12 13 14 -12.8 9,320.5 1,111.3 26.7 9,571.3 1,024.2 16.0 9,400.4 1,050.4 23.2 9,466.2 1,010.1 25.1 9,548.2 1,036.3 61.2 9,605.3 1,019.2 -2.6 9,665.3 1,031.2 15 248.9 319.9 288.5 314.8 313.7 331.9 319.2 16 13,870.1 14,340.3 13,988.8 14,131.6 14,265.0 14,413.2 14,551.2 17 80.5 86.8 80.2 79.9 78.3 88.5 98.6 18 14,038.6 14,573.4 14,199.0 14,366.2 14,498.8 14,656.6 14,771.8 1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North 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. February 2011 S urvey of D-7 C u r r e n t B u s in e s s Table 1.2.6. Real Gross Domestic Product by Major Type of Product, Chained Dollars Table 1.3.1. Percent Change From Preceding Period in Real Gross Value Added by Sector [Billions of chained (2005) dollars] [Percent] Seasonally adjusted at annual rates Line 2009 2010 2009 2010 IV Gross domestic product Final sales of domestic product..................... Change in private inventories............... Residual....................... G oods........................................ Final sales........................ Change in private inventories.................... Durable goods...................... Final sales........................ Change in private inventories 1................ Nondurable goods............... Final sales........................ Change in private inventories1................ Services 2................................. Structures................................ Residual.................................... Addenda: Motor vehicle output............ Gross domestic product excluding motor vehicle output................................ Final sales of computers 3... Gross domestic product excluding final sales of computers......................... Seasonally adjusted at annual rates I Line II III 2009 2010 IV 1 12,880.6 13,248.7 13,019.0 13,138.8 13,194.9 13,278.5 13,382.6 2 12,992.8 13,179.5 13,051.1 13,085.5 13,114.7 13,145.3 13,372.6 3 4 5 6 -113.1 0.9 3,642.4 3,766.9 60.4 8.8 4,045.4 3,971.2 -36.7 4.6 3,820.4 3,857.8 44.1 9.2 3,994.7 3,937.8 68.8 11.4 3,987.0 3,900.7 121.4 11.8 4,058.5 3,913.9 7.2 2.8 4,141.7 4,132.4 7 8 9 -113.1 1,883.1 2,005.3 60.4 2,199.0 2,155.7 -36.7 1,972.1 2,036.4 44.1 2,118.8 2,091.0 68.8 2,175.7 2,118.0 121.4 2,238.7 2,157.7 7.2 2,262.6 2,256.1 10 11 12 -106.7 1,747.5 1,754.8 37.9 1,845.4 1,813.3 -55.6 1,836.0 1,812.4 24.4 1,868.9 1,839.0 50.0 1,811.1 1,780.3 69.9 1,822.8 1,758.4 7.0 1,878.9 1,875.4 13 14 15 16 -9.6 8,278.2 973.6 -15.0 23.1 8,345.9 904.7 -31.9 16.3 8,293.2 933.5 -17.2 20.0 8,293.4 895.8 -24.8 19.8 8,331.5 918.7 -23.4 52.3 8,367.9 900.0 -27.7 0.5 8,390.8 904.4 -51.6 17 253.7 319.2 288.4 315.0 312.9 330.8 318.4 Gross domestic product Business 1................................ Nonfarm 2............................. F arm ...................................... Households and institutions Households........................... Nonprofit institutions serving households 3..................... General governm ent4........... Federal................................... State and local...................... Addendum: Gross housing value added 2009 2010 IV I II III IV 1 2 3 4 5 6 -2.6 -3.7 -3.8 6.1 -0.5 -0.7 2.9 3.7 3.7 2.8 0.2 -1.0 5.0 6.5 6.7 -13.9 0.8 0.2 3.7 5.0 5.0 -0.8 -0.2 -2.3 1.7 1.8 1.6 24.6 1.3 -0.2 2.6 3.8 3.8 5.8 -0.8 -2.5 3.2 4.3 4.5 -11.7 -0.3 -2.1 7 8 9 10 -0.2 1.6 5.8 -0.2 1.8 0.6 3.6 -0.8 1.5 0.7 2.8 -0.2 2.5 0.5 3.9 -1.0 3.2 1.7 6.0 -0.3 1.4 -1.4 -0.9 -1.6 2.2 0.1 1.6 -0.6 11 0.4 -0.2 0.7 -1.1 0.3 -1.4 -1.3 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. Table 1.3.3. Real Gross Value Added by Sector, Quantity Indexes [Index numbers, 2005=100] 18 12,610.8 12,919.2 12,718.2 12,813.5 12,871,3 12,938.5 13,053.4 19 155.6 184.4 158.4 165.5 167.7 190.1 214.5 Seasonally adjusted 20 12,747.9 13,101.9 12,884.5 13,000.6 13,055.4 13,129.1 13,222.5 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. N ote . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line 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. Line 2009 2010 2009 2010 IV Gross domestic product Business 1................................ Nonfarm 2.............................. Farm ...................................... Households and institutions Households........................... Nonprofit institutions serving households 3..................... General governm ent4........... Federal................................... State and local...................... Addendum: Gross housing value added 1 2 3 4 5 6 I II III IV 101.917 104.829 103.012 103.960 104.403 105.065 100.364 104.080 101.734 102.977 103.437 104.406 100.275 103.997 101.669 102.925 103.331 104.293 106.397 109.409 105.253 105.046 110.973 112.537 107.652 107.863 107.805 107.740 108.080 107.852 110.184 109.055 110.215 109.588 109.535 108.837 105.888 105.500 105.440 109.079 107.781 108.258 7 8 9 10 104.308 106.227 104.615 105.266 105.851 106.455 106.162 106.300 110.690 114.624 112.331 113.402 103.762 102.945 103.505 103.245 106.107 106.479 106.740 106.375 115.057 114.787 103.165 102.760 107.054 106.406 115.248 102.609 11 112.926 113.037 112.288 112.733 113.263 112.959 112.648 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. Table 1.3.4. Price Indexes for Gross Value Added by Sector Table 1.3.5. Gross Value Added by Sector [Index numbers, 2005=100] [Billions of dollars] Seasonally adjusted Line Gross domestic product Business 1 ................................ Nonfarm 2............................... Farm....................................... Households and institutions Households........................... Nonprofit institutions serving households 3..................... General governm ent4............ Federal................................... State and local...................... Addendum: Gross housing value added 2009 2010 2009 Seasonally adjusted at annual rates 2010 Line IV I II III IV 109.693 108.118 108.195 103.982 113.673 110.931 109.959 108.413 108.483 104.937 112.982 110.460 110.485 109.065 109.172 102.159 112.812 110.339 111.060 109.701 109.690 113.252 113.273 110.653 111.153 109.647 109.439 130.859 113.979 111.129 7 8 9 10 116.335 116.910 117.501 115.761 117.774 116.086 113.596 115.162 113.332 116.733 118.956 117.334 116.500 117.185 115.099 118.111 116.264 116.928 117.949 117.638 117.927 118.347 115.007 115.147 115.394 118.828 119.191 119.695 11 111.885 111.378 111.220 111.105 1 2 3 4 5 6 109.618 110.664 108.123 109.207 108.289 109.196 95.781 112.802 113.343 113.261 111.191 110.645 111.591 111.374 111.814 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. 2009 2010 2009 IV Gross domestic product Business 1................................ Nonfarm 2.............................. Farm ...................................... Households and institutions Households........................... Nonprofit institutions serving households 3..................... General governm ent4........... Federal................................... State and local...................... Addendum: Gross housing value added 2010 I II III IV 1 14,119.0 14,660.2 14,277.3 14,446.4 14,578.7 14,745.1 14,870.4 2 10,520.8 11,018.7 10,660.9 10,823.2 10,938.2 11,102.7 11,210.8 3 10,416.8 10,893.5 10,549.3 10,710.6 10,822.2 10,973.2 11,067.8 4 104.0 125.2 111.6 116.0 129.5 142.9 112.6 5 1,838.1 1,840.4 1,846.1 1,833.8 1,836.8 1,840.4 1,850.7 6 1,059.0 1,043.0 1,056.8 1,046.4 1,044.7 1,041.0 1,039.9 7 8 9 10 779.1 1,760.2 551.7 1,208.5 797.4 1,801.0 579.2 1,221.8 789.3 1,770.3 558.6 1,211.7 787.4 1,789.4 572.7 1,216.7 792.1 1,803.7 580.6 1,223.1 799.4 1,802.0 579.9 1,222.1 810.7 1,808.9 583.5 1,225.4 11 1,331.7 1,323.4 1,332.2 1,324.2 1,323.8 1,322.4 1,323.4 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. February 2011 National Data D-8 Table 1.3.6. Real Gross Value Added by Sector, Chained Dollars Table 1.4.1. Percent Change From Preceding Period in Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2009 2010 [Percent] 2010 IV II I III Seasonally adjusted at annual rates IV 1 12,880.6 13,248.7 13,019.0 13,138.8 13,194.9 13,278.5 13,382.6 2 9,730.8 10,091.0 9,863.6 9,984.1 10,028.7 10,122.7 10,228.7 3 9,619.8 9,977.0 9,753.5 9,874.1 9,913.0 10,005.3 10,115.3 107.4 107.2 113.2 114.8 111.3 4 108.5 111.6 5 1,621.7 1,624.9 1,624.0 1,623.0 1,628.1 1,624.7 1,623.6 942.7 952.7 946.8 940.8 935.8 952.4 947.3 6 Gross domestic product Business 1................................ Nonfarm 2.............................. Farm...................................... Households and institutions Households.......................... Nonprofit institutions serving households 3.................... General governm ent4........... Federal.................................. State and local...................... Residual.................................... Addendum: Gross housing value added 7 8 9 10 11 669.7 1,520.5 485.6 1,035.3 9.3 682.0 1,529.2 502.9 1,027.1 5.4 671.7 1,525.0 492.8 1,032.7 8.2 675.8 1,527.0 497.5 1,030.1 6.8 681.2 1,533.3 504.8 1,029.3 6.6 683.6 1,528.0 503.6 1,025.3 5.1 687.3 1,528.5 505.6 1,023.8 3.5 12 1,190.3 1,188.2 1,193.8 1,190.6 1,191.4 1,187.3 1,183.5 1. Equals gross domestic product excluding gross value added of households and institutions and of general govern ment. 2. Equals gross domestic business value added excluding gross farm value added. 3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by nonprofit institutions. 4. Equals compensation of general government employees plus general government consumption of fixed capital. N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. Line 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....................................... Addenda: Final sales of domestic product..... Gross domestic purchases, current dollars............................................ Final sales to domestic purchasers, current dollars............................... 2009 2010 2009 2010 IV I II III IV 1 2 3 4 5 -2.6 -9.5 -13.8 -3.6 2.9 11.7 12.6 3.2 5.0 24.4 4.9 3.0 3.7 11.4 11.2 3.9 1.7 9.1 33.5 5.1 2.6 6.8 16.8 4.2 3.2 8.5 -13.6 -0.3 6 -3.1 1.9 0.2 1.3 4.3 2.6 3.4 7 -2.1 1.4 2.1 1.1 0.9 0.9 7.1 8 -3.8 4.6 5.1 6.2 5.2 4.8 1.8 9 -3.2 3.2 2.2 3.5 4.4 3.2 5.4 Table 1.4.3. Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers, Quantity Indexes Table 1.4.4. Price Indexes for Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers [Index numbers, 2005=100] [Index num bers, 2005=100] Seasonally adjusted Seasonally adjusted Line 2009 2010 IV 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..... 1 2 3 4 5 101.917 114.228 91.418 99.045 104.829 127,613 102,898 102.257 Line 2010 2009 II I III 2009 2010 2009 103.012 103.960 104.403 105.065 105.888 120.569 123.858 126.592 128.679 131.324 93.874 96.401 103.613 107.718 103.861 99.829 100.797 102.070 103.117 103.044 6 100.254 102.122 100.441 100.775 101.852 102.505 103.355 7 103.212 104.696 103.676 103.948 104.181 104.424 106.230 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...................................... Addenda: Final sales of domestic product...... Implicit price deflator for final sales to domestic purchasers.............. 1 2 3 4 5 109.618 105.877 105.987 109.614 110.664 110.309 112.851 111.086 2010 IV I II III IV 109.693 107.424 111.222 110.265 109.959 108.771 114.514 110.838 110.485 110.060 112.234 110.852 111.060 110.122 109.892 111.034 111.153 112.282 114.764 111.618 IV 6 109.649 111.133 110.309 110.900 110.917 111.086 111.628 7 109.647 110.713 109.736 110.020 110.552 111.117 111.163 8 109.649 111.134 110.308 110.899 110.915 111.085 111.627 Table 1.4.5. Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers Table 1.4.6. Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers, Chained Dollars [Billions of dollars] [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2009 2010 2009 IV 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............................... Line 2010 I II III 1,578.4 1,837.1 1,689.9 1,757.8 1,817.9 1,848.9 1,923.9 3 1,964.7 2,352.6 2,116.3 2,237.6 2,357.1 2,399.4 2,416.0 4 14,505.4 15,175.6 14,703.7 14,926.3 15,118.0 15,295.6 15,362.6 68.5 -44.2 50.0 80.4 138.6 2009 IV 1 14,119.0 14,660.2 14,277.3 14,446.4 14,578.7 14,745.1 14,870.4 -127.2 2010 IV 2 5 2009 5.2 6 14,632.7 15,107.1 14,748.0 14,876.3 15,037.6 15,157.0 15,357.3 7 14,246.3 14,591.6 14,321.5 14,396.4 14,498.3 14,606.5 14,865.2 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................................ 2010 I II III IV 1 12,880.6 13,248.7 13,019.0 13,138.8 13,194.9 13,278.5 13,382.6 2 1,490.7 1,665.4 1,573.5 1,616.4 1,652.1 1,679.3 1,713.9 3 1,853.8 2,086.6 1,903,6 1,954.8 2,101.1 2,184.3 2,106.1 4 13,233.6 13,662.7 13,338.2 13,467.6 13,637.7 13,777.6 13,767.8 5 -113.1 60.4 -36.7 44.1 68.8 121.4 7.2 6 13,345.0 13,593.6 13,369.9 13,414.3 13,557.7 13,644.6 13,757.8 7 12,992.8 13,179.5 13,051.1 13,085.5 13,114.7 13,145.3 13,372.6 N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. February 2011 S urvey of D-9 C u r r e n t B u s in e s s Table 1.5.1. Percent Change From Preceding Period in Real Gross Domestic Product, Expanded Detail Table 1.5.2. Contributions to Percent Change in Real Gross Domestic Product, Expanded Detail [Percent] Seasonally adjusted at annual rates Line 2009 2010 2009 IV 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 footw ear............ Gasoline and other energy goods ................................... Other nondurable goods......... S ervices............................................ Household consumption expenditures (for services).... Housing and utilities............... Health care............................... Transportation services.......... Recreation services................ Food services and accommodations................ Financial services and insurance.............................. Other services......................... Final consumption expenditures of nonprofit institutions serving households (N PISH s)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 and software......... Information processing equipment and software Computers and peripheral equipment Software 4 ....................... O ther................................ Industrial equipment........... Transportation equipment Other equipm ent................ Residential.................................... Change in private inventories......... Nonfarm......................................... Net exports of goods and services Exports.............................................. Goods............................................ S ervices........................................ Im ports. Goods............................................ S ervices....................................... Government consumption expenditures and gross investment....................................... Federal.............................................. National defense.......................... Consumption expenditures.... Gross investment..................... Nondefense.................................. Consumption expenditures.... Gross investment..................... State and local.................................. Consumption expenditures......... Gross investment......................... Seasonally adjusted at annual rates 2010 I II Line III 1 -2.6 2.9 5.0 3.7 1.7 2.6 3.2 2 3 4 5 -1.2 -2.0 -3.7 -6.9 1.8 4.3 7.7 3.3 0.9 1.7 -1.1 -21.3 1.9 5.7 8.8 -2.6 2.2 3.4 6.8 6.9 2.4 4.1 7.6 5.2 4.4 10.1 21.6 45.0 6 -6.4 8.7 9.4 13.9 9.0 5.6 11.4 7 8 9 1.4 -2.3 -1.2 12.3 5.9 2.8 15.8 -0.8 3.1 12.9 18.8 4.2 9.3 -2.2 1.9 12.2 6.6 2.5 15.8 4.4 5.0 10 11 -0.9 -4.4 2.7 5.7 5.1 5.8 3.7 12.0 -2.9 6.4 3.2 -1.1 4.9 14.2 12 13 14 1.2 -1.1 -0.8 -0.2 2.9 0.5 -2.3 2.4 0.5 0.7 3.3 0.1 3.0 4.5 1.6 0.1 4.4 1.6 -3.1 5.2 1.7 15 16 17 18 19 -0.7 1.1 2.2 -8.1 -2.4 0.5 1.1 1.3 1.3 -0.5 0.2 1.7 1.8 -1.0 -1.0 0.0 -0.5 -0.3 3.5 -0.1 1.5 1.1 3.1 4.1 -0.3 1.6 3.4 1.2 3.9 4.3 1.7 0.6 2.9 1.8 -0.6 20 -3.6 2.5 0.6 6.9 2.5 2.8 4.1 21 22 -3.6 -1.2 -2.3 -1.1 -3.7 -1.2 -2.8 -1.2 1.1 -0.8 -4.7 1.7 2.9 -0.1 23 -4.2 2.7 8.6 1.2 3.4 1.0 1.3 24 0.6 1.0 1.6 -0.9 3.3 1.2 3.2 25 26 27 28 29 30 2.3 -22.6 -18.3 -17.1 -20.4 -15.3 0.4 16.7 3.8 5.5 -14.0 15.1 -0.5 26.7 -1.3 -1.4 -29.2 14.6 -1.6 29.1 3.3 7.8 -17.8 20.4 3.3 26.2 18.9 17.2 -0.5 24.8 1.2 15.0 1.5 10.0 -3.5 15.4 3.8 -22.5 4.2 4.4 0.8 5.8 31 0.2 13.4 22.4 8.4 15.3 8.8 12.7 32 33 34 35 36 37 38 39 40 41 4? 43 44 45 46 47 48 -1.5 1.7 -1.1 -23.3 -51.5 -22.3 -22.9 27.5 9.7 12.5 5.8 60.7 8.9 -3.0 80.6 14.2 13.5 -3.0 40.2 -4.3 -0.8 4.8 9.2 8.8 0.2 173.9 32.7 -12.3 45.2 8.1 13.0 44.2 74.8 16.2 25.7 1.3 9.8 11.1 6.9 64.4 19.4 -27.3 29.5 8.6 10.9 12.2 -26.6 3.4 3.4 -9.5 -12.0 -3.9 -13.8 -15.8 -4.2 11.7 14.6 5.8 12.6 14.6 3.5 24.4 31.7 10.2 4.9 6.2 -0.5 11.4 14.0 5.8 11.2 12.0 7.8 9.1 11.5 3.9 33.5 40.5 4.3 6.8 5.8 8.9 16.8 17.4 14.2 8.5 10.0 5.1 -13.6 -15.5 -3.8 49 50 51 52 53 54 55 56 57 58 59 1.6 5.7 5.4 5.3 6.0 6.5 6.9 3.9 -0.9 -0.7 -1.9 1.1 4.8 3.9 2.9 10.6 6.6 5.5 15.2 -1.3 -1.0 -2.7 -1.4 0.0 -2.5 -3.6 4.5 5.6 5.4 7.2 -2.3 -0.4 -9.9 -1.6 1.8 0.4 0.3 0.7 5.0 2.9 20.8 -3.8 -1.1 -14.4 3.9 9.1 7.4 5.4 20.4 12.8 12.2 17.2 0.6 -0.9 7.5 3.9 8.8 8.5 8.8 6.3 9.5 8.1 19.4 0.7 -1.4 10.2 -0.6 -0.2 -2.0 -6.4 27.9 3.7 1.7 17.7 -0.9 -0.8 -0.9 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. 2009 2010 IV 2009 IV Percent change at annual rate: Gross domestic product.......... Percentage points at annual rates: Personal consumption expenditures................................... G oods................................................ Durable goods.............................. Motor vehicles and p a rts........ Furnishings and durable household equipment......... Recreational goods and vehicles................................. Other durable goods............... Nondurable goods....................... Food and beverages purchased for off-premises consumption........................ Clothing and footwear............. Gasoline and other energy goods.................................... Other nondurable goods......... Services............................................. Household consumption expenditures (for services).... Housing and utilities............... Health ca re ............................... Transportation services........... Recreation services................ Food services and accommodations................ Financial services and insurance.............................. Other services......................... Final consumption expenditures of nonprofit institutions serving households (NPISHs) 1.......... Gross output of nonprofit institutions 2......................... Less: Receipts from sales of goods and services by nonprofit institutions3......... Gross private domestic investment Fixed investment............................... Nonresidential............................... Structures................................. Equipment and software......... Information processing equipment and software Computers and peripheral equipment Software 4........................ Other................................. Industrial equipment........... Transportation equipment Other equipment................. Residential.................................... Change in private inventories......... Farm .............................................. Nonfarm......................................... Net exports of goods and services Exports.............................................. 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......................... 2010 I III II IV 1 -2.6 2.9 5.0 3.7 1.7 2.6 3.2 2 3 4 5 -0.84 -0.46 -0.27 -0.17 1.27 1.00 0.56 0.08 0.69 0.42 -0.07 -0.56 1.33 1.29 0.62 -0.06 1.54 0.79 0.49 0.15 1.67 0.94 0.54 0.12 3.04 2.26 1.48 0.90 6 -0.12 0.15 0.16 0.23 0.15 0.10 0.19 7 8 9 0.03 -0.02 -0.18 0.27 0.06 0.45 0.34 -0.01 0.49 0.28 0.18 0.67 0.20 -0.02 0.31 0.26 0.07 0.39 0.34 0.05 0.78 10 11 -0.05 -0.10 0.15 0.13 0.28 0.13 0.20 0.26 -0.16 0.14 0.17 -0.03 0.26 0.31 12 13 14 0.03 -0.06 -0.38 0.00 0.17 0.27 -0.05 0.14 0.27 0.02 0.18 0.03 0.07 0.25 0.75 0.00 0.25 0.74 -0.08 0.29 0.78 15 16 17 18 19 -0.30 0.14 0.23 -0.18 -0.06 0.22 0.15 0.16 0.03 -0.01 0.12 0.23 0.21 -0.02 -0.03 0.01 -0.06 -0.04 0.07 0.00 0.69 0.14 0.35 0.08 -0.01 0.72 0.44 0.14 0.08 0.11 0.76 0.08 0.33 0.04 -0.01 20 -0.16 0.11 0.02 0.29 0.11 0.12 0.17 21 22 -0.21 -0.07 -0.13 -0.07 -0.21 -0.08 -0.16 -0.08 0.07 -0.05 -0.27 0.11 0.16 -0.01 23 -0.08 0.05 0.15 0.02 0.06 0.02 0.02 24 0.04 0.07 0.12 -0.07 0.25 0.09 0.24 25 26 27 28 29 30 0.12 -3.24 -2.69 -1.96 -0.81 -1.15 0.02 1.84 0.46 0.53 -0.43 0.97 -0.03 2.70 -0.12 -0.10 -1.01 0.91 -0.09 3.04 0.39 0.71 -0.53 1.24 0.18 2.88 2.06 1.51 -0.01 1.52 0.07 1.80 0.18 0.93 -0.09 1.02 0.21 -3.20 0.50 0.43 0.02 0.41 31 0.01 0.50 0.79 0.32 0.57 0.34 0.49 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 -0.01 0.03 -0.02 -0.31 -0.54 -0.30 -0.74 -0.55 0.02 -0.57 1.13 -1.18 -1.04 -0.15 2.32 2.20 0.12 0.15 0.18 0.17 0.06 0.31 0.10 -0.07 1.38 0.03 1.35 -0.48 1.34 1.12 0.22 -1.82 -1.72 -0.09 0.36 0.25 0.18 -0.03 0.20 -0.05 -0.02 2.83 0.21 2.62 1.90 2.56 2.19 0.37 -0.66 -0.68 0.02 0.03 0.17 0.12 0.00 0.62 0.30 -0.32 2.64 0.07 2.57 -0.31 1.30 1.09 0.21 -1.61 -1.41 -0.20 0.24 0.15 0.17 0.39 0.40 0.17 0.55 0.82 0.02 0.80 -3.50 1.08 0.93 0.15 -4.58 -4.46 -0.12 0.01 0.18 0.15 0.07 0.40 0.20 -0.75 1.61 -0.09 1.71 -1.70 0.82 0.49 0.33 -2.53 -2.16 -0.37 0.18 0.16 0.15 0.13 -0.25 0.04 0.08 -3.70 -0.06 -3.64 3.44 1.04 0.85 0.19 2.40 2.29 0.11 49 50 51 52 53 54 55 56 57 58 59 0.32 0.43 0.27 0.23 0.04 0.16 0.14 0.01 -0.11 -0.07 -0.05 0.23 0.39 0.22 0.14 0.08 0.17 0.12 0.05 -0.16 -0.10 -0.07 -0.28 0.01 -0.13 -0.17 0.04 0.14 0.12 0.02 -0.29 -0.03 -0.25 -0.32 0.15 0.02 0.02 0.01 0.13 0.07 0.06 -0.48 -0.11 -0.36 0.80 0.72 0.40 0.25 0.15 0.32 0.27 0.05 0.08 -0.09 0.17 0.79 0.71 0.46 0.41 0.05 0.25 0.18 0.06 0.09 -0.14 0.23 -0.11 -0.01 -0.11 -0.32 0.21 0.10 0.04 0.06 -0.10 -0.08 -0.02 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Excludes software “embedded,” or bundled, in computers and other equipment. National Data D-10 February 2011 Table 1.5.3. Real Gross Domestic Product, Expanded Detail, Quantity Indexes Table 1.5.4. Price Indexes for Gross Domestic Product, Expanded Detail [Index numbers, 2005=100] [Index numbers, 2005=100] Seasonally adjusted Line 2009 2010 2009 IV 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......... S ervices............................................ Household consumption expenditures (for services).... Housing and utilities............... Health care............................... Transportation services.......... Recreation services................ Food services and accommodations................ Financial services and insurance.............................. Other services......................... Final consumption expenditures of nonprofit institutions serving households (N PISH s)1.......... Gross output of nonprofit institutions 2 ........................ Less: Receipts from sales of goods and services by nonprofit institutions3 ........ Gross private domestic investment Fixed investment............................... Nonresidential.............................. Structures................................. Equipment and software......... Information processing equipment and software Computers and peripheral equipment Software 4 ....................... O ther................................ Industrial equipment........... Transportation equipment Other equipm ent................ Residential.................................... Exports.............................................. Goods............................................ S ervices........................................ Im ports.............................................. Goods............................................ S ervices........................................ Government consumption expenditures and gross investment........................................ Federal.............................................. National defense.......................... Consumption expenditures.... Gross investment..................... Nondefense.................................. Consumption expenditures.... Gross investment..................... State and local.................................. Consumption expenditures......... Gross investment......................... Seasonally adjusted 2010 I II Line III 1 101.917 104.829 103.012 103.960 104.403 105.065 105.888 2 103.797 105.632 104.126 104.608 105.178 105.801 106.942 3 101.416 105.788 102.533 103.952 104.837 105.898 108.465 4 99.011 106.616 100.870 103.025 104.735 106.673 112.029 5 79.093 81.721 78.782 78.271 79.584 80.594 88.437 6 96.222 104.608 98.254 101.506 103.725 105.159 108.042 7 131.643 147.874 137.749 141.981 145.157 149.384 154.975 8 98.669 104.445 99.380 103.753 103.183 104.851 105.995 9 102.487 105.347 103.247 104.321 104.823 105.476 106.769 10 103.023 105.816 104.710 105.672 104.895 105.714 106.981 11 103.570 109.461 104.432 107.436 109.113 108.816 112.479 12 93.660 93.499 92.996 93.155 93.854 93.866 93.122 13 105.867 108.977 106.294 107.148 108.337 109.514 110.910 14 105.006 105.576 104.936 104.952 105.366 105.775 106.211 1b 16 17 18 19 104.448 104.682 109.457 87.758 104.597 104.929 105.850 110.920 88.901 104.028 104.315 105.275 110.028 86.966 103.610 104.320 105.147 109.932 87.710 103.584 104.713 105.437 110.766 88.602 103.498 105.124 106.326 111.090 89.452 104.590 105.561 106.491 111.890 89.842 104.438 20 100.461 102.926 100.150 101.838 102.476 103.175 104.215 21 104.265 101.858 102.793 102.074 102.364 101.140 101.856 22 104.526 103.393 103.650 103.334 103.132 103.565 103.543 23 119.597 122.789 121.393 121.755 122.788 123.106 123.506 24 108.852 109.897 109.087 108.846 109.744 110.064 110.933 2b 105.361 105.807 105.166 104.756 105.613 105.933 106.928 26 69.778 81.450 73.000 77.811 82.474 85.400 80.118 27 76.835 79.729 76.198 76.826 80.219 80.517 81.356 28 95.804 101.107 94.879 96.677 100.592 103.019 104.142 29 105.064 90.322 95.310 90.761 90.649 89.848 90.031 30 92.035 105.952 94.895 99.408 105.067 108.898 110.434 31 125.368 142.131 133.164 135.861 140.775 143.763 148.126 156.682 199.839 180.635 182.749 200.624 201.263 214.720 118.929 130.425 123.600 126.350 128.839 131.877 134.635 120.829 135.964 127.510 130.239 134.286 137.856 141.475 82.784 87.592 80.385 80.422 88.127 89.605 92.213 38.207 61.411 41.000 52.744 60.651 68.682 63.569 77.020 83.911 74.133 79.571 82.614 86.365 87.092 44.220 42.908 44.092 42.670 45.177 41.719 42.068 32 33 34 35 36 3/ 38 39 40 41 4? 43 44 45 46 47 48 114.228 112.377 118.303 91.418 88.615 106.461 127.613 128.772 125.143 102.898 101.594 110.203 120.569 120.484 120.822 93.874 91.691 105.772 123.858 124.495 122.533 96.401 94.321 107.766 126.592 127.939 123.708 103.613 102.690 108.916 128.679 129.762 126.380 107.718 106.881 112.601 131.324 132.890 127.951 103.861 102.485 111.529 49 50 51 52 53 54 55 56 57 58 59 107.287 117.266 117.648 114.933 137.252 116.467 115.768 121.237 101.688 101.655 101.854 108.449 122.906 122.289 118.248 151.747 124.194 122.089 139.622 100.361 100.668 99.115 107.613 119.091 119.477 116.251 142.838 118.283 117.321 125.021 101.179 101.354 100.474 107.185 119.634 119.582 116.337 143.089 119.738 118.171 131.075 100.213 101.076 96.642 108.228 122.276 121.732 117.866 149.875 123.410 121.627 136.377 100.367 100.847 98.399 109.270 124.882 124.233 120.389 152.189 126.236 124.012 142.555 100.541 100.480 100.828 109.113 124.833 123.610 118.400 161.834 127.393 124.545 148.480 100.323 100.267 100.591 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. 2009 2010 IV 2009 IV Gross domestic product.......... Personal consumption expenditures................................... G oods......... Durable g oods.............................. Motor vehicles and p a rts........ Furnishings and durable household equipment......... Recreational goods and vehicles................................. Other durable goods............... Nondurable g oods....................... Food and beverages purchased for off-premises consumption........................ Clothing and footwear............. Gasoline and other energy goods.................................... Other nondurable goods......... Services............................................. Household consumption expenditures (for services).... Housing and utilities............... Health care............................... Transportation services........... Recreation services................ Food services and accommodations................ Financial services and insurance.............................. Other services......................... Final consumption expenditures of nonprofit institutions serving households (N PISH s)1.......... Gross output of nonprofit institutions 2......................... Less: Receipts from sales of goods and services by nonprofit institutions 3......... Gross private domestic investment Fixed investment............................... Nonresidential............................... Structures................................. Equipment and software......... Information processing equipment and software Computers and peripheral equipment Software 4........................ Other................................. Industrial equipment........... Transportation equipment Other equipment.................. Residential.................................... 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......................... 2010 I II III IV 1 109.618 110.664 109.693 109.959 110.485 111.060 111.153 2 109.258 111.123 110.333 110.901 110.888 111.102 111.602 3 103.634 105.409 105.120 105.784 104.812 105.058 105.982 4 93.782 92.449 93.603 93.121 92.755 92.235 91.685 5 98.676 103.107 101.333 102.384 103.041 103.637 103.368 6 97.709 93.638 96.127 95.304 94.310 93.010 91.928 7 79.513 74.767 77.455 76.282 75.327 74.277 73.182 8 111.234 112.007 112.456 111.179 111.571 111.758 113.518 9 109.262 112.748 111.651 112.949 111.638 112.315 114.091 10 113.538 113.948 112.950 113.466 113.916 113.989 114.422 11 98.588 97.898 98.770 98.452 97.439 98.323 97.379 12 106.387 125.694 121.338 128.166 118.788 121.632 134.190 13 110.691 112.809 111.966 112.594 112.604 112.917 113.120 14 112.233 114.159 113.102 113.620 114.116 114.314 114.584 15 16 17 18 19 112.718 113.240 112.693 115.633 110.815 114.722 113.513 115.541 118.003 112.016 113.631 113.277 113.966 116.730 111.420 114.205 113.389 114.582 117.501 111.325 114.703 113.396 115.286 118.269 111.904 114.873 113.542 115.903 117.918 112.386 115.107 113.724 116.395 118.324 112.451 20 114.375 115.932 114.935 115.001 115.794 116.327 116.608 21 109.533 113.043 111.427 113.396 113.758 112.670 112.346 22 113.329 116.506 114.795 115.541 116.488 116.819 117.177 23 101.105 101.261 100.977 100.254 100.713 101.502 102.574 24 111.137 113.611 112.221 112.553 113.322 113.967 114.600 25 26 27 28 29 30 114.836 104.873 105.260 105.700 122.187 99.620 118.163 103.023 103.613 103.711 120.409 97.710 116.359 103.466 104.030 104.144 119.017 98.721 117.088 102.952 103.661 103.639 119.291 97.954 31 89.062 87.354 88.285 87.923 32 33 34 35 36 37 38 39 40 41 4? 43 44 45 46 47 48 64.734 100.364 88.358 113.766 109.977 112.772 102.736 61.767 99.420 86.556 115.051 100.919 111.236 102.356 63.072 99.973 87.661 114.098 105.729 112.063 102.712 62.638 99.700 87.249 114.362 101.206 110.841 102.869 105.877 104.403 109.172 105.987 104.908 110.711 110.309 109.392 112.309 112.851 112.404 114.786 107.424 106.072 110.437 111.222 110.650 113.650 108.771 107.565 111.451 114.514 114.497 114.351 49 50 51 52 53 54 55 56 57 58 59 114.644 110.895 111.342 112.240 105.507 109.984 111.156 102.299 116.892 115.608 122.380 116.815 112.745 113.519 114.704 106.051 111.159 112.570 101.927 119.279 118.637 121.994 115.067 111.141 111.590 112.522 105.559 110.222 111.496 101.866 117.434 116.587 121.054 116.358 112.375 113.046 114.191 105.807 110.997 112.389 101.884 118.760 118.148 121.341 117.972 102.765 103.487 103.636 119.887 97.764 118.563 102.895 103.523 103.689 120.755 97.574 119.031 103.480 103.782 103.883 121.705 97.547 87.583 87.121 86.787 61.989 99.538 86.909 114.891 100.648 110.947 102.030 61.448 99.233 86.333 115.168 100.465 111.558 101.994 60.995 99.207 85.732 115.782 101.357 111.597 102.531 110.060 108.965 112.480 112.234 111.653 114.813 110.122 109.072 112.435 109.892 108.977 114.164 112.282 111.966 112.872 114.764 114.490 115.816 116.606 112.615 113.377 114.555 105.950 111.053 112.466 101.806 119.014 118.356 121.800 116.706 112.756 113.529 114.746 105.890 111.170 112.570 102.006 119.083 118.345 122.215 117.589 113.234 114.124 115.325 106.559 111.415 112.855 102.014 120.258 119.699 122.622 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. February 2011 S urvey of C u r r e n t B u s in e s s D -1 1 Table 1.5.5. Gross Domestic Product, Expanded Detail [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Gross domestic product....................................................................................................................... Personal consumption expenditures.......................................................................................................... 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) ' ............. 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 and software... Information processing equipment and software......................................................................... Computers and peripheral equipment....................................................................................... Software 4 .................................................................................................................................... O ther............ Industrial equipment........................................................................................................................ Transportation equipment................................................................................................................ Other equipm ent.............................................................................................................................. Residential................ Change in private inventories...................................................................................................................... Farm .......................... Nonfarm...................................................................................................................................................... Net exports of goods and services Exports....................................... G oods..................................... S ervices................................. Im ports........................................................................................................................................................... Goods........................................................................................ S ervices.................................................................................... Government consumption expenditures and gross investment Federal.......................................................................................... National defense.................................................................................................................................. Consumption expenditures Gross investment.............. Nondefense........................... Consumption expenditures.................................................................................................................. Gross investment.............. State and local........................... Consumption expenditures... Gross investment....................................................................................................................................... 1. 2. 3. 4. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 14,119.0 10,001.3 3,230.7 1,026.5 319.7 248.1 317.5 141.1 2,204.2 777.9 322.2 303.7 800.4 6,770.6 6,511.8 1,876.3 1,623.2 290.1 378.8 603.6 813.8 925.9 258.9 1,058.1 799.2 1,589.2 1,716.4 1,364.4 451.6 912.8 530.7 80.0 260.2 190.4 150.4 76.4 155.4 352.1 -127.2 3.8 -131.1 -386.4 1,578.4 1,063.1 515.3 1,964.7 1,587.8 376.9 2,914.9 1,139.6 771.6 664.1 107.5 368.0 323.0 45.0 1,775.3 1,424.4 351.0 14,660.2 10,351.9 3,427.6 1,089.6 345.2 258.5 335.5 150.4 2,338.0 801.9 338.1 358.3 839.7 6,924.3 6,658.2 1,901.9 1,686.5 299.9 380.8 626.8 820.7 941.6 266.2 1,092.1 825.9 1,821.4 1,752.8 1,412.5 381.8 1,030.7 590.2 97.6 282.7 210.0 160.9 112.6 166.9 340.4 68.5 7.2 61.4 -515.5 1,837.1 1,276.4 560.7 2,352.6 1,948.0 404.6 3,002.3 1,214.4 817.8 698.3 119.5 396.6 345.0 51.6 1,788.0 1,447.5 340.5 14,277.3 10,131.5 3,312.9 1,043.9 327.0 249.3 323.9 143.7 2,269.0 786.5 325.5 344.1 812.9 6,818.6 6,556.2 1,887.6 1,650.1 290.2 377.3 604.7 816.3 930.1 262.4 1,070.7 808.3 1,637.7 1,681.9 1,330.9 398.2 932.7 559.0 90.1 269.4 199.5 146.4 78.8 148.6 351.0 -44.2 7.1 -51.3 -426.4 1,689.9 1,157.6 532.3 2,116.3 1,731.8 384.5 2,934.5 1,159.9 785.4 673.5 111.9 374.5 328.3 46.2 1,774.7 1,432.2 342.4 2010 I 14,446.4 10,230.8 3,380.0 1,060.7 328.3 255.3 328.8 148.3 2,319.3 797.4 333.8 364.1 824.1 6,850.9 6,589.6 1,887.1 1,657.5 294.6 376.8 615.2 824.9 933.3 261.3 1,071.5 810.2 1,739.7 1,689.8 1,349.6 380.1 969.5 568.0 90.5 274.7 202.8 146.8 97.0 157.7 340.2 50.0 9.3 40.7 -479.9 1,757.8 1,213.0 544.8 2,237.6 1,843.5 394.1 2,955.7 1,178.1 796.3 684.0 112.4 381.8 333.3 48.4 1,777.6 1,447.4 330.2 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. II III IV 14,578.7 10,285.4 3,377.5 1,074.1 335.9 258.2 331.9 148.0 2,303.4 794.6 335.5 340.0 833.3 6,907.9 6,643.2 1,892.5 1,680.4 299.6 378.5 623.3 829.9 939.1 264.7 1,087.7 823.0 1,841.8 1,761.4 1,404.2 381.5 1,022.7 586.2 98.4 279.6 208.3 161.6 110.9 163.9 357.2 80.4 9.6 70.8 -539.3 1,817.9 1,262.8 555.1 2,357.1 1,957.2 400.0 2,990.8 1,206.7 813.0 695.2 117.9 393.7 343.3 50.3 1,784.1 1,446.7 337.4 14,745.1 10,366.3 3,419.6 1,087.8 342.2 258.2 336.9 150.7 2,331.8 801.4 337.6 348.2 844.7 6,946.7 6,679.2 1,910.9 1,694.3 301.5 384.1 630.5 812.2 945.7 267.5 1,097.1 829.6 1,907.2 1,768.6 1,438.8 380.9 1,057.9 595.5 97.8 285.3 212.4 164.7 125.4 172.3 329.8 138.6 6.3 132.2 -550.5 1,848.9 1,282.0 566.9 2,399.4 1,988.2 411.2 3,022.2 1,233.9 830.8 711.2 119.6 403.1 350.4 52.7 1,788.2 1,441.3 346.9 14,870.4 10,525.2 3,533.3 1,135.7 374.5 262.1 344.3 154.7 2,397.7 814.0 345.6 381.1 857.0 6,991.8 6,720.7 1,916.9 1,713.8 303.9 383.8 638.4 815.6 948.4 271.2 1,111.9 840.7 1,796.7 1,791.5 1,457.2 384.7 1,072.5 611.2 103.6 291.2 216.4 170.4 117.1 173.8 334.3 5.2 3.5 1.8 -492.2 1,923.9 1,347.7 576.1 2,416.0 2,002.9 413.1 3,040.7 1,238.7 831.0 703.0 128.0 407.7 352.8 54.9 1,802.0 1,454.7 347.3 National Data D-12 February 2011 Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Gross domestic product........................................................................................................................ Personal consumption expenditures.......................................................................................................... Goods............................................... Durable goods............................ Motor vehicles and parts....... Furnishings and durable household equipm ent............................................................................... Recreational goods and vehicles Other durable goods.............. ........................................................... Nondurable goods........................................................................ Food and beverages purchased for off-premises consumption Clothing and footwear............................................................. Gasoline and other energy goods.......................................... Other nondurable goods................................................................................................ S ervices........................................... Household consumption expenditures (for services)...................................................... Housing and utilities.............. Health care............................. Transportation services......... Recreation services............... Food services and accommodations Financial services and insurance....................................................................................................... Other services....................................................................................................................................... Final consumption expenditures of nonprofit institutions serving households (NPISHs) ' ............. Gross output of nonprofit institutions 2.............................................................................................. Less: Receipts from sales of goods and services by nonprofit institutions3................................ Gross private domestic investment............................................................................................................. Fixed investment............................................................................................................................................ Nonresidential................ Structures................... Equipment and software Information processing equipment and software.......................................................................... Computers and peripheral equipm ent4.................................................................................... Software 5 ......... O ther.................. Industrial equipment Transportation equipment................................................................................................................ Other equipment... Residential...................... Change in private inventories Farm ................................ Nonfarm.......................... Net exports of goods and services Exports............................................................................................................................................................ Goods.............................. S ervices......................... Im ports................................ Goods.............................. S ervices......................... Government consumption expenditures and gross investment.......................................................... Federal................................ National defense............ Consumption expenditures Gross investment....... Nondefense.................... Consumption expenditures Gross investment....... State and local................................................................................................................................................ Consumption expenditures...................................................................................................................... Gross investment....................................................................................................................................... Residual.............................................................................................................................................................. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 V 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 2010 I II III IV 12,880.6 9,153.9 3,117.4 1,094.6 324.0 253.9 399.3 126.9 2,017.4 685.1 326.8 285.5 723.1 6,032.7 5,777.0 1,656.9 1,440.4 250.9 341.8 527.7 743.0 817.0 256.0 952.1 696.0 1,515.7 1,630.7 1,290.8 369.6 916.3 595.8 13,248.7 9,315.7 3,251.8 1,178.6 334.8 276.1 448.6 134.3 2,073.7 703.7 345.4 285.0 744.4 6,065.4 5,803.7 1,675.4 1,459.6 254.2 339.9 540.7 725.9 808.1 262.9 961.2 698.9 1,769.3 1,692.1 1,362.2 317.7 1,054.8 675.5 13,019.0 9,182.9 3,151.8 1,115.1 322.7 259.3 417.9 127.8 2,032.3 696.3 329.5 283.5 726.0 6,028.7 5,769.7 1,666.3 1,447.9 248.6 338.6 526.1 732.5 810.1 259.9 954.1 694.7 1,585.7 1,617.1 1,278.3 335.3 944.7 632.9 13,138.8 9,225.4 3,195.4 1,138.9 320.6 267.9 430.7 133.4 2,053.5 702.7 339.0 284.0 731.9 6,029.6 5,769.9 1,664.3 1,446.7 250.8 338.5 535.0 727.4 807.7 260.6 952.0 692.0 1,690.2 1,630.5 1,302.6 319.3 989.7 645.7 13,194.9 9,275.7 3,222.6 1,157.8 326.0 273.7 440.3 132.7 2,063.4 697.6 344.3 286.1 740.0 6,053.4 5,791.7 1,668.9 1,457.6 253.3 338.2 538.3 729.5 806.1 262.9 959.9 697.6 1,791.5 1,702.5 1,355.3 318.9 1,046.0 669.1 13,278.5 9,330.6 3,255.2 1,179.3 330.1 277.5 453.2 134.8 2,076.2 703.0 343.4 286.1 748.0 6,076.9 5,814.4 1,683.0 1,461.9 255.7 341.8 542.0 720.7 809.5 263.5 962.7 699.7 1,855.1 1,708.8 1,388.0 316.0 1,084.2 683.3 13,382.6 9,431.2 3,334.1 1,238.5 362.3 285.1 470.1 136.3 2,101.7 711.4 354.9 283.9 757.6 6,101.9 5,838.6 1,685.6 1,472.4 256.9 341.3 547.4 725.8 809.3 264.4 970.3 706.3 1,740.3 1,726.6 1,403.1 316.7 1,099.5 704.0 259.3 215.5 132.2 69.4 137.8 342.7 -113.1 3.4 -116.9 -363.0 1,490.7 1,018.2 472.0 1,853.8 1,513.5 340.5 2,542.6 1,027.6 693.0 591.7 101.9 334.6 290.6 44.0 1,518.8 1,232.1 286.8 2.3 284.3 242.5 139.8 111.6 150.2 332.5 60.4 6.1 54.2 -421.1 1,665.4 1,166.8 499.3 2,086.6 1,735.2 352.4 2,570.1 1,077.0 720.3 608.8 112.6 356.8 306.4 50.6 1,499.0 1,220.1 279.1 -42.4 269.5 227.4 128.3 74.5 132.7 341.7 -36.7 6.4 -43.0 -330.1 1,573.5 1,091.7 482.0 1,903.6 1,566.1 338.3 2,550.3 1,043.6 703.8 598.5 106.0 339.8 294.5 45.3 1,511.2 1,228.4 282.9 -13.7 275.4 232.3 128.4 95.8 142.4 330.7 44.1 7.6 36.5 -338.4 1,616.4 1,128.0 488.9 1,954.8 1,611.0 344.6 2,540.2 1,048.4 704.4 598.9 106.2 344.0 296.6 47.5 1,496.8 1,225.1 272.1 -22.1 280.9 239.5 140.7 110.2 147.8 350.1 68.8 7.8 61.0 -449.0 1,652.1 1,159.2 493.6 2,101.1 1,753.9 348.3 2,564.9 1,071.5 717.1 606.8 111.2 354.5 305.3 49.4 1,499.1 1,222.3 277.0 -37.8 287.5 245.9 143.0 124.8 154.5 323.3 121.4 5.1 116.6 -505.0 1,679.3 1,175.8 504.2 2,184.3 1,825.5 360.1 2,589.6 1,094.3 731.8 619.8 112.9 362.6 311.3 51.7 1,501.7 1,217.9 283.9 -42.6 293.5 252.4 147.2 115.5 155.8 326.0 7.2 3.9 2.8 -392.2 1,713.9 1,204.1 510.5 2,106.1 1,750.4 356.7 2,585.8 1,093.9 728.1 609.6 120.1 365.9 312.6 53.8 1,498.4 1,215.3 283.2 -67.0 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software), 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component's relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 1.5.2 and real growth rates are shown in table 1.5.1. 5. Excludes software “embedded," or bundled, in computers and other equipment. N ote . The residual line is the difference between the first line and the sum of the most detailed lines. February 2011 S urvey of D-13 C u r r e n t B u s in e s s Table 1.6.4. Price Indexes for Gross Domestic Purchases Table 1.6.7. Percent Change From Preceding Period in Prices for Gross Domestic Purchases [Index numbers, 2005=100] [Percent] Seasonally adjusted Line Gross domestic purchases........... 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.................. H ealthcare................................. Transportation services............ Recreation services................... Food services and accommodations................... Financial services and insurance................................ Other services........................... Final consumption expenditures of nonprofit institutions serving households (NPISHs)............... Gross private domestic investment Fixed investment................................. Nonresidential................................ Structures................................... Equipment and software........... Information processing equipment and software... Computers and peripheral equipm ent..................... Software 1 ......................... O ther.................................. Industrial equipment............. Transportation equipment.... Other equipm ent................... Residential...................................... Farm ................................................ Nonfarm........................................... Government consumption expenditures and gross investment.......................................... Federal................................................ National defense............................ Consumption expenditures....... Gross investment....................... Nondefense.................................... Consumption expenditures....... Consumption expenditures....... Gross investment....................... Addenda: Final sales of computers to domestic purchasers 2................................... Gross domestic purchases excluding final sales of computers to domestic purchasers..................... Food 3.................................................. Energy goods and services.............. Gross domestic purchases excluding food and energy.............................. Gross domestic product.................... Gross domestic product excluding final sales of com puters.............................. Food 3 ......................................... Energy goods and services...... Gross domestic product excluding food and energy... Final sales of domestic product........ Final sales to domestic purchasers Implicit price deflator for gross domestic purchases...................... Seasonally adjusted at annual rates 2009 2010 2009 IV I II III 1 2 3 4 5 109.614 109.258 103.634 93.782 98.676 111.086 111.123 105.409 92.449 103.107 110.265 110.333 105.120 93.603 101.333 110.838 110.901 105.784 93.121 102.384 110.852 110.888 104.812 92.755 103.041 111.034 111.102 105.058 92.235 103.637 6 97.709 93.638 96.127 95.304 94.310 2010 7 8 9 79.513 111.234 109.262 74.767 112.007 112.748 77.455 112.456 111.651 76.282 111.179 112.949 75.327 111.571 111.638 10 11 113.538 98.588 113.948 97.898 112.950 98.770 113.466 98.452 113.916 97.439 12 13 14 106.387 110.691 112.233 125.694 112.809 114.159 121.338 111.966 113.102 128.166 112.594 113.620 118.788 112.604 114.116 15 16 17 18 19 112.718 113.240 112.693 115.633 110.815 114.722 113.513 115.541 118.003 112.016 113.631 113.277 113.966 116.730 111.420 114.205 113.389 114.582 117.501 111.325 114.703 113.396 115.286 118.269 111.904 20 114.375 115.932 114.935 115.001 115.794 21 22 109.533 113.329 113.043 116.506 111.427 114.795 113.396 115.541 113.758 116.488 23 24 25 26 27 28 101.105 104.873 105.260 105.700 122.187 99.620 101.261 103.023 103.613 103.711 120.409 97.710 100.977 103.466 104.030 104.144 119.017 98.721 100.254 102.952 103.661 103.639 119.291 97.954 100.713 102.765 103.487 103.636 119.887 97.764 29 89.062 87.354 88.285 87.923 87.583 64.734 100.364 88.358 113.766 109.977 112.772 102.736 61.767 99.420 86.556 115.051 100.919 111.236 102.356 63.072 99.973 87.661 114.098 105.729 112.063 102.712 62.638 99.700 87.249 114.362 101.206 110.841 102.869 61.989 99.538 86.909 114.891 100.648 110.947 102.030 40 41 42 43 44 45 46 47 48 49 50 114.644 110.895 111.342 112.240 105.507 109.984 111.156 102.299 116.892 115.608 122.380 116.815 112.745 113.519 114.704 106.051 111.159 112.570 101.927 119.279 118.637 121.994 115.067 111.141 111.590 112.522 105.559 110.222 111.496 101.866 117.434 116.587 121.054 116.358 112.375 113.046 114.191 105.807 110.997 112.389 101.884 118.760 118.148 121.341 b1 61.477 57.978 59.433 58.903 58.146 57.728 52 53 54 110.236 113.396 109.541 111.796 113.797 120.869 110.932 112.772 118.309 111.525 113.138 122.569 111.555 113.496 116.855 111.748 113.828 118.332 Vi 56 109.422 109.618 110.572 110.664 109.839 109.693 110.274 109.959 110.491 110.485 110.613 111.060 57 58 59 110.128 114.629 99.394 111.242 114.504 96.103 110.230 113.766 87.449 110.512 113.899 81.351 111.054 113.754 93.428 111.650 114.340 110.835 60 61 62 109.495 109.647 109.649 110.757 110.713 111.133 109.919 109.736 110.309 110.392 110.020 110.900 110.662 110.552 110.917 110.834 111.117 111.086 63 109.611 111.073 110.238 110.831 110.854 111.018 2010 2009 I II III IV 1 2 3 4 5 -0.2 0.2 -2.5 -1.6 0.1 1.3 1.7 1.7 -1.4 4.5 2.1 2.7 2.8 0.7 9.9 2.1 2.1 2.6 -2.0 4.2 0.1 0.0 -3.6 -1.6 2.6 0.7 0.8 0.9 -2.2 2.3 2.1 1.8 3.6 -2.4 -1.0 6 -0 .3 -4.2 -b.O -3.4 ^t.1 -b.4 -4.6 -5.5 0.7 2.4 -5.8 6.4 6.5 IV 2010 7 8 9 -5.6 1.4 -2.9 -6.0 0.7 3.2 -6.0 5.4 3.8 -5.9 -4.5 4.7 -4.9 1.4 -4.6 10 11 1.3 0.9 0.4 -0.7 -0.1 -1.8 1.8 -1.3 1.6 -4.1 0.3 3.7 1.5 -3.8 12 -27.1 4.4 13 14 1.5 18.1 1.9 1.7 26.8 1.3 2.7 24.5 -26.2 2.3 0.0 1.8 1.8 9.9 1.1 0.7 48.1 0.7 0.9 1.7 1.2 2.7 2.9 1.2 1.8 0.2 2.5 2.0 1.1 2.8 0.5 3.3 3.8 0.4 2.0 0.4 2.2 2.7 -0.3 1.8 0.0 2.5 2.6 2.1 0.6 0.5 2.2 -1.2 1.7 0.8 0.6 1.7 1.4 0.2 1b 16 17 18 19 20 2.4 1.4 1.8 0.2 2.8 1.9 1.0 21 22 -0.4 2.3 3.2 2.8 7.5 4.0 7.3 2.6 1.3 3.3 -3.8 1.1 -1.1 1.2 23 24 25 26 27 28 -3.1 -2.0 -1.7 -1.2 -2.6 -0.5 0.2 -1.8 -1.6 -1.9 -1.5 -1.9 -0.1 -0.7 -1.0 -2.4 -2.1 -2.5 -2.8 -2.0 -1.4 -1.9 0.9 -3.1 1.8 -0.7 -0.7 0.0 2.0 -0.8 3.2 0.5 0.1 0.2 2.9 -0.8 4.3 2.3 1.0 0.8 3.2 -0.1 29 -3.7 -1.9 -1.7 -1.6 -1.b -2.1 -1.5 30 31 32 33 34 35 36 -8.4 -1.5 -4.5 1.2 6.9 4.2 -3.4 ^1.6 -6.0 -2.7 -0.9 0.9 -1.1 -2.0 -3.1 -1.9 1.1 1.3 0.9 -8.2 -17.6 -16.0 -1.4 -0.6 -4.3 -0.4 4.3 0.6 ^1.1 -0.6 -1.5 1.9 -2.2 0.4 -A 2 -3.4 -1.2 -2.6 1.0 -0.7 2.2 -0.1 -2.9 -0.1 -2.8 2.1 3.6 0.1 2.1 -0.3 -0.2 -0.7 -0.8 -0.3 0.8 1.1 -0.7 -0.4 -1.0 2.1 1.9 1.7 2.0 2.2 O.b 1.1 1.3 -0.4 2.0 2.6 -0.3 1,b 1.5 1.6 1.7 1.1 1.5 1.6 0.8 1.5 2.2 -1.5 4.6 4.5 5.3 6.1 0.9 2.8 3.2 0.1 4.6 5.5 1.0 0.9 0.9 1.2 1.3 O.b 0.2 0.3 -0.3 0.9 0.7 1.b 0.3 0.5 0.5 0.7 -0.2 0.4 0.4 0.8 0.2 0.0 1.4 3.1 1.7 2.1 2.0 2.6 0.9 1.0 0.0 4.0 4.7 1.3 b1 -10.3 -5.7 -b.9 -3.5 -5.0 -2.8 -4.0 b2 -0.1 53 1.2 54 -19.6 1.4 0.4 10.3 2.1 0.0 20.2 2.2 0.1 1.3 1.3 15.2 -17.4 U./ 1.2 5.2 2.2 3.2 27.4 1.1 1.0 1.5 -0.2 1.6 1.0 0.8 1.9 0.4 2.1 1.1 0.3 1.0 -0.2 1.0 -1.4 -0.1 0.5 -3.3 -50.3 -25.1 2.0 -0.5 74.0 38 39 116.606 116.706 112.615 112.756 113.377 113.529 114.555 114.746 105.950 105.890 111.053 111.170 112.466 112.570 101.806 102.006 119.014 119.083 118.356 118.345 121.800 122.215 Addenda: 117.589 113.234 114.124 115.325 106.559 111.415 112.855 102.014 120.258 119.699 122.622 Government consumption expenditures and gross investment.......................................... Federal................................................. National defense............................. Consumption expenditures....... Gross investment....................... Nondefense.................................... Consumption expenditures....... Consumption expenditures....... Gross investment....................... Final sales of computers to domestic purchasers 2................................... Gross domestic purchases excluding final sales of computers to 112.355 domestic purchasers..................... 114.725 Food 3.................................................. 125.722 Energy goods and services.............. Gross domestic purchases excluding 110.910 111.153 Gross domestic product..................... Gross domestic product excluding final sales of 111.753 computers............................... 116.023 Food 3.......................................... 98.796 Energy goods and services...... Gross domestic product 111.139 excluding food and energy.... 111.163 Final sales of domestic product........ Final sales to domestic purchasers 111.628 Implicit price deflator for gross 111.583 domestic purchases4.................... 57.136 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. 2009 IV Gross domestic purchases............ 111.618 111.602 Personal consumption expenditures Goods.................................................. 105.982 91.685 Durable goods................................ 103.368 Motor vehicles and parts.......... Furnishings and durable 93.010 91.928 household equipment........... Recreational goods and 74.277 73.182 vehicles.................................. 111.758 113.518 Other durable goods................. 112.315 114.091 Nondurable goods......................... Food and beverages purchased 113.989 114.422 for off-premises consumption 98.323 97.379 Clothing and footwear............... Gasoline and other energy 121.632 134.190 goods...................................... 112.917 113.120 Other nondurable goods........... 114.314 114.584 Services............................................... Household consumption 114.873 115.107 expenditures............................... 113.542 113.724 Housing and utilities................. 115.903 116.395 Health care................................. 117.918 118.324 Transportation services............ 112.386 112.451 Recreation services................... Food services and 116.327 116.608 accommodations................... Financial services and 112.670 112.346 insurance................................ 116.819 117.177 Other services........................... Final consumption expenditures of nonprofit institutions serving 101.502 102.574 households (NPISHs)............... 102.895 103.480 Gross private domestic investment 103.523 103.782 Fixed investment................................. 103.689 103.883 Nonresidential................................ 120.755 121.705 Structures................................... 97.574 97.547 Equipment and software........... Information processing 87.121 86.787 equipment and software... Computers and peripheral 61.448 equipm ent..................... 60.995 99.233 99.207 Software 1 ......................... 86.333 85.732 O ther.................................. 115.168 115.782 Industrial equipment............. 100.465 101.357 Transportation equipment.... 111.558 111.597 Other equipment.................... 101.994 102.531 Residential...................................... 37 30 31 32 33 34 35 36 37 38 39 Line 40 41 42 43 44 45 46 47 48 49 50 55 56 0.7 0.9 5/ 58 59 1.0 0.3 13.9 60 61 62 0.8 1.0 -0.2 1.2 1.0 1.4 1.5 -0.3 2.0 1.7 1.0 2.2 1.0 1.9 0.1 0.6 2.1 0.6 1.1 0.2 2.0 63 -0.2 1.3 2.0 2.2 0.1 0.6 2.1 2.2 0.4 2.1 6.0 98.1 -36.9 1. Excludes software “embedded,” or bundled, in computers and other equipment. 2. Some components of final sales of computers include computer parts. 3. Food excludes personal consumption expenditures for purchased meals and beverages, which are classi fied in food services. 4. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.6.4. February 2011 National Data D-14 Table 1.7.1. Percent Change from Preceding Period in Real Gross Domestic Product, Real Gross National Product, and Real Net National Product Table 1.6.8. Contributions to Percent Change in the Gross Domestic Purchases Price Index [Percent] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2009 2010 2009 IV Percent change at annual rate: Gross domestic purchases........... 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........... S ervices.............................................. 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)............... Gross private domestic investment Fixed investment................................. Nonresidential................................ Structures................................... Equipment and software........... Information processing equipment and software... Computers and peripheral equipment..................... Software 1......................... O ther.................................. Industrial equipment............. Transportation equipment.... Other equipm ent................... Residential...................................... Change in private inventories........... Farm ................................................ Nonfarm........................................... 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.............................. Line 2010 I II III 2010 1 -0.2 1.3 2.1 2.1 0.1 0.7 2.1 2 3 4 5 0.12 -0.56 -0.12 0.00 1.15 0.37 -0.11 0.10 1.82 0.61 0.04 0.22 1.43 0.57 -0.15 0.09 -0.03 -0.83 -0.11 0.06 0.53 0.21 -0.16 0.05 1.24 0.80 -0.17 -0.02 6 -0.01 -0.07 -0.09 -0.06 -0.07 -0.09 -0.08 7 8 9 -0.13 0.01 -0.44 -0.14 0.01 0.48 -0.14 0.05 0.56 -0.13 -0.04 0.72 -0.11 0.01 -0.72 -0.12 0.01 0.37 -0.13 0.06 0.98 10 11 0.07 0.02 0.02 -0.02 -0.01 -0.04 0.10 -0.03 0.08 -0.09 0.01 0.08 0.08 -0.09 12 13 14 -0.76 0.23 0.68 0.37 0.10 0.78 0.54 0.07 1.21 0.53 0.12 0.85 -0.71 0.00 0.80 0.21 0.06 0.32 0.94 0.04 0.44 15 16 17 18 19 0.74 0.15 0.29 0.06 0.03 0.77 0.03 0.28 0.04 0.03 1.22 0.06 0.36 0.07 0.01 0.90 0.05 0.24 0.05 -0.01 0.77 0.00 0.27 0.05 0.05 0.26 0.06 0.24 -0.02 0.04 0.36 0.08 0.19 0.03 0.01 Gross domestic product............ Plus: Income receipts from the 1 -2.6 '? -24.9 X 4 5 6 7 8 -27.2 -2.8 1.8 1.5 3.3 3.5 9 10 2.2 -3.4 11 1? 13 14 15 -2.9 -3.1 -3.3 -3.6 -4.4 1fi -1.9 2010 2009 IV IV I II III IV 5.0 3.7 1.7 2.6 23.7 16.7 1.3 3.8 35.5 4.9 0.7 0.3 2.8 2.9 0.8 4.4 1.3 1.1 2.6 2.7 -1.4 1.8 1.9 1.6 3.0 3.2 12.0 2.3 2.3 2.1 3.3 3.6 2.0 5.5 1.8 4.9 2.2 1.8 2.2 2.3 6.7 6.6 5.7 7.7 3.4 4.1 4.8 4.1 4.5 4.3 2.7 2.8 1.7 2.8 5.6 1.1 0.9 2.6 0.9 4.4 4.6 5.5 3.8 4.4 2.9 3.2 Less: Income payments to the rest Less: Consumption of fixed capital P rivate........................... Government................... General government Government enterprises........... Equals: Net national product.... Addenda: Net domestic product................ 20 0.10 0.06 0.07 0.01 0.11 0.08 0.04 21 22 -0.02 0.14 0.17 0.17 0.39 0.25 0.39 0.16 0.07 0.20 -0.21 0.07 -0.06 0.08 23 24 25 26 27 28 -0.06 -0.24 -0.22 -0.12 -0.09 -0.03 0.00 -0.18 -0.19 -0.18 -0.06 -0.13 0.00 -0.05 -0.13 -0.23 -0.07 -0.16 -0.05 -0.22 -0.16 -0.18 0.02 -0.20 0.03 -0.09 -0.08 0.00 0.05 -0.05 0.05 0.06 0.02 0.02 0.07 -0.05 0.07 0.28 0.12 0.07 0.08 -0.01 -0.14 -0.07 -0.06 -0.06 -0.06 -0.08 -0.06 30 31 32 33 34 35 36 37 38 39 -0.05 -0.03 -0.06 0.01 0.04 0.05 -0.10 -0.02 -0.01 -0.02 -0.03 -0.02 -0.03 0.01 -0.05 -0.01 -0.01 0.01 0.00 0.01 -0.04 0.02 -0.04 0.01 -0.11 -0.01 0.10 0.07 0.00 0.07 -0.02 -0.02 -0.03 0.01 -0.10 -0.05 0.01 -0.06 -0.01 -0.05 -0.03 -0.01 -0.02 0.02 -0.02 0.00 -0.08 -0.01 -0.02 0.01 -0.02 -0.02 -0.04 0.01 -0.01 0.02 0.00 0.05 0.02 0.02 -0.02 0.00 -0.04 0.02 0.03 0.00 0.05 0.17 0.04 0.13 40 41 42 43 44 45 46 4/ 48 49 50 -0.06 -0.02 -0.03 -0.03 0.00 0.02 0.02 0.00 -0.05 -0.10 0.05 0.37 0.13 0.10 0.10 0.00 0.03 0.03 0.00 0.24 0.25 -0.01 0.30 0.13 0.09 0.08 0.01 0.04 0.04 0.00 0.18 0.21 -0.04 0.89 0.35 0.28 0.27 0.01 0.07 0.07 0.00 0.54 0.52 0.02 0.17 0.07 0.06 0.06 0.00 0.01 0.01 0.00 0.10 0.07 0.03 0.07 0.04 0.03 0.03 0.00 0.01 0.01 0.00 0.03 0.00 0.03 0.60 0.14 0.11 0.09 0.02 0.02 0.02 0.00 0.46 0.43 0.03 29 Net domestic purchases........... Gross national product, current 1.4 1.0 3.0 3.1 2.1 3.1 3.5 2.6 2.3 3.8 4.1 2.4 3.3 -0.7 1. Gross domestic income deflated by the implicit price deflator for gross domestic product. 2. Gross national income deflated by the implicit price deflator for gross national product. 3. Net domestic income deflated by the implicit price deflator for net domestic product. Table 1.7.3. Real Gross Domestic Product, Real Gross National Product, and Real Net National Product, Quantity Indexes [Index numbers, 2005=100] Seasonally adjusted Line 2009 2010 2009 IV Gross domestic product............ Plus: Income receipts from the 2010 I II III IV 1 101.917 104.829 103.012 103.960 104.403 105.065 105.888 ? 100.427 105.396 109.555 109.907 110.940 Less: Income payments to the rest Less: Consumption of fixed capital P rivate........................... Government................... General government Government enterprises........... Addenda: Net domestic product................ Net domestic purchases........... 4 5 6 7 8 92.797 102.192 113.198 113.211 113.019 113.823 114.760 114.395 116.354 117.380 95.203 103.413 113.468 113.281 114.235 115.117 95.393 104.534 113.846 113.583 114.964 115.893 95.051 105.003 114.374 114.042 115.816 116.797 97.780 105.604 115.038 114.644 116.768 117.821 115.780 115.309 117.870 119.010 9 109.045 111.282 109.873 110.371 110.961 111.561 112.236 10 100.691 102.038 103.257 103.718 104.311 11 100.363 103.456 101.570 102.593 103.025 103.686 104.520 12 97.224 100.640 98.073 99.114 100.478 101.571 101.398 Table 1.7.4. Price Indexes for Gross Domestic Product, Gross National Product, and Net National Product [Index numbers, 2005=100] Seasonally adjusted Line 51 -0.10 -0.06 -0.06 -0.04 -0.05 -0.03 -0.04 52 53 54 -0.08 0.06 -0.87 1.40 0.02 0.40 2.13 0.00 0.74 2.13 0.07 0.58 0.11 0.07 -0.73 0.69 0.06 0.19 2.17 0.17 0.96 Gross domestic product............ Plus: Income receipts from the 55 0.63 0.92 1.32 1.45 0.72 0.40 0.99 Less: Income payments to the rest 2009 2010 2009 IV Less: Consumption of fixed capital Private........................... Government................... General government Government enterprises........... Equals: Net national product.... Addenda: Net domestic product................ Net domestic purchases........... 2010 I II III IV 1 109.618 110.664 109.693 109.959 110.485 111.060 111.153 ? 109.446 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. 2009 4 5 6 7 8 109.505 109.612 106.665 105.097 114.865 114.617 110.071 110.527 110.547 110.754 105.638 103.873 114.834 114.606 110.173 109.691 105.901 104.322 114.152 114.026 110.709 109.957 105.561 103.862 114.424 114.297 110.712 110.478 105.524 103.756 114.741 114.570 110.786 111.052 105.565 103.761 114.964 114.680 105.900 104.115 115.206 114.876 9 116.128 115.990 114.777 115.052 115.598 116.415 116.897 m 110.053 110.261 110.619 111.225 111.880 11 110.065 111.433 110.270 110.630 111.244 111.901 111.956 12 110.034 111.881 110.898 111.608 111.630 111.832 112.453 February 2011 S urvey of D-15 C u r r e n t B u s in e s s Table 1.7.5. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income Table 1.7.6. Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product, Chained Dollars [Billions of dollars] [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2010 Line 2010 2009 IV Seasonally adjusted at annual rates II I III '? 629.8 664.7 693.7 696.1 Gross national factor income 1 Net domestic product.............. Net domestic purchases.......... Gross domestic product........... Plus: Income receipts from the 2009 2010 I II IV III 1 12,880.6 13,248.7 13,019.0 13,138.8 13,194.9 13,278.5 13,382.6 ? 704.0 Less: Income payments to the Equals: Gross national product Less: Consumption of fixed capital......................................... Private.......................... Domestic business Capital consumption allowances..... Less: Capital consumption adjustm ent..... Households and institutions........... Government.................. General government Government enterprises.......... Equals: Net national product.... Less: Statistical discrepancy... 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, dom estic.... Net interest and miscellaneous payments on a ssets.... Business current transfer payments (n e t)............ Current surplus of government enterprises................... Wage accruals less disbursements............. Plus: Personal income receipts on assets......................................... Personal current transfer receipts......................... Equals: Personal income.......... Addenda: 2010 IV 1 14,119.0 14,660.2 14,277.3 14,446.4 14,578.7 14,745.1 14,870.4 Gross domestic product........... Plus: Income receipts from the 2009 IV 575.5 604.0 627.8 635.7 629.8 Less: Income payments to the H 483.6 4 14,265.3 500.8 515.5 499.1 502.6 14,442.8 14,637.6 14,774.0 14,933.6 5 6 7 1,861.1 1,535.8 1,245.2 1,868.7 1,533.8 1,241.4 1,852.2 1,525.5 1,234.7 1,852.4 1,522.8 1,231.1 1,860.4 1,527.4 1,236.9 1,871.9 1,535.5 1,243.0 1,890.0 1,549.7 1,254.6 8 1,297.2 1,208.8 1,295.8 1,145.5 1,151.4 1,159.3 1,379.0 9 52.0 -32.6 61.1 -85.6 -85.4 -83.7 124.4 10 11 12 290.6 325.3 272.3 292.4 334.8 280.8 290.8 326.8 274.0 291.7 329.6 276.5 290.5 333.0 279.3 292.5 336.4 282.0 295.0 340.3 285.3 13 53.0 14 12,404.2 1S 179.1 1fi 12,225.0 54.1 53.7 54.4 52.8 53.2 12,590.6 12,785.2 12,913.7 13,061.7 175.2 131.1 184.1 164.2 12,415.5 12,621.0 12,782.6 12,877.5 54.9 1/ 1,258.0 18 964.4 iy 465.3 453.1 454.0 452.3 13,170.1 13,313.0 13,372.7 13,449.3 441.6 4 13,014.7 1,418.2 1,566.6 1,614.1 1,640.1 999.9 976.8 988.5 996.1 1,002.2 1,012.7 970.3 1,004.3 974.8 987.8 1,001.9 1,009.8 1,017.7 20 784.3 737.6 765.6 765.9 736.2 719.6 728.8 21 134.0 131.8 129.8 130.5 130.8 133.4 132.5 22 -13.2 -13.6 -11.3 -12.1 -13.1 -14.2 -14.9 Less: Consumption of fixed capital......................................... Private.......................... Government................. General government Government enterprises.......... b 6 7 8 1,744.8 1,461.3 283.2 237.5 1,768.9 1,476.6 291.5 245.0 9 45.7 m 11,271.5 46.6 1,773.2 1,479.8 292.6 245.9 1,784.6 1,488.4 295.3 248.4 46.7 46.2 46.0 46.5 11,422.3 11,558.8 11,610.4 11,676.7 47.0 1,749.0 1,462.2 286.2 240.2 Net domestic product............... Net domestic purchases 11 1? 13 14 15 12,717.1 12,859.3 12,989.5 12,851.3 13,010.4 13,163.6 11,137.3 11,480.5 11,271.2 11,384.8 10,974.5 11,112.2 11,236.4 11,491.7 11,895.4 11,592.0 11,715.0 0.0 0.0 0.0 0.0 0.0 0.0 24 1,919.7 1,906.4 1,889.2 1,911.1 1,914.4 1,889.7 1,910.5 25 2,132.8 2,295.2 2,188.2 2,245.5 2,286.1 2,316.4 2,333.0 26 12,174.9 12,545.3 12,239.0 12,350.3 12,517.1 12,592.8 12,721.1 ?7 28 ?9 30 11 3? 33 13,939.9 14,102.1 14,282 2 14,447.6 14,086.2 14,267.7 14,473 4 14,643.0 13,001.0 13,172.3 13,366.4 13,529.2 12,257.9 12,791.5 12,425.1 12,594.0 12,718.3 12,078.8 12,249.9 12 429 8 12,587.3 11,139.9 11,320.1 11,514.0 11,668.8 12,644.3 13,307.0 12,851.5 13,073.8 13,257.6 14,561.0 14,749.4 13,628.0 12,873.2 12,980.4 12,689.1 11,756.1 13,423.7 13,472.6 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. 13,076.2 13,254.1 11,432.7 11,314.9 11,876.3 13,112.7 13,283.5 11,506.1 11,598.5 11,341.5 12,005.4 11,984.9 1. Gross domestic income deflated by the implicit price deflator for gross domestic product. 2. Gross national income deflated by the implicit price deflator for gross national product. 3. Net domestic income deflated by the implicit price deflator for net domestic product. N ote . Except as noted in footnotes 1, 2 and 3, chained (2005) dollar series are calculated as the product of the chaintype quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. Table 1.8.3. Command-Basis Real Gross Domestic Product and Gross National Product, Quantity Indexes [Index numbers, 2005=100] Seasonally adjusted 2009 2010 2009 IV 5.0 1,762.9 1,472.1 290.2 243.7 Addenda: Line 23 1,754.8 1,466.1 288.1 241.9 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 1........ Less: Imports of goods and services, command basis 1........ Equals: Command-basis gross domestic prod uct1 2 ............... Plus: Income receipts from the rest 2010 I II IV III 1 101.917 104.829 103.012 103.960 104.403 105.065 105.888 2 114.228 127.613 120.569 123.858 126.592 128.679 131.324 3 91.418 102.898 93.874 96.401 103.613 107.718 103.861 4 99.045 102.257 99.829 100.797 102.070 103.117 103.044 b 110.334 126.720 117.450 121.536 125.674 127.609 132.091 6 88.393 104.438 94.678 99.586 104.892 106.598 106.775 I 101.917 104.421 102.457 103.134 104.065 105.081 105.419 8 100.273 105.247 109.285 109.642 110.698 Less: Income payments to the rest M 92.704 95.200 95.359 95.007 97.640 Equals: Command-basis gross 10 102.188 Addenda: Command-basis net domestic product4.................................. Net domestic product.................. Command-basis net national 102.854 103.701 104.654 105.612 11 100.389 103.029 100.970 101.691 102.675 103.737 104.023 12 100.363 103.456 101.570 102.593 103.025 103.686 104.520 13 100.705 14 100.691 Percent change from preceding period: Real gross domestic product Command-basis gross domestic product............... Real gross national product... Command-basis gross national product.................. 101.426 102.338 103.346 104.342 102.038 103.257 103.718 104.311 1b -2.6 2.9 5.0 3.7 1.7 2.6 3.2 16 17 -1.6 -2.8 2.5 2.6 4.9 2.7 4.4 3.7 1.8 4.0 2.3 1.3 18 -1.7 2.5 3.3 3.7 3.7 1. Deflator is the gross domestic purchases price index. 2. This measure is called “real gross domestic income” in the System of National Accounts, 2008. 3. This measure is called “real gross national income" in the System of National Accounts, 2008. 4. Deflator is the net domestic purchases price index. National Data D-16 February 2011 Table 1.8.6. Command-Basis Real Gross Domestic Product and Gross National Product, Chained Dollars [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV G ross d om estic p ro d u ct................................................................................................................................ Less: Exports of goods and services.............................................................................................................. Plus: Imports of goods and services Equals: G ross dom estic purchases Plus: Exports of goods and services, command basis 1.............................................................................. Less: Imports of goods and services, command basis 1............................................................................. Equals: Com mand-basis gross d om estic p ro d u c t12................ Plus: Income receipts from the rest of the world, command basis 1.......................................................... Less: Income payments to the rest of the world, command basis 1 Equals: Com mand-basis gross national p ro d u c t13.................. Addenda: Command-basis net domestic product4.................................................................................................... Net domestic product................................. Command-basis net national p roduct4... Trading gains index 5..................................................................................................................................... Terms of trade index 6................... Terms of trade, goods 7............................................................................................................................ Terms of trade, nonpetroleum goods 8................................................................................................... 2010 I II III IV 1 2 3 4 5 6 7 8 9 10 12,880.6 1,490.7 1,853.8 13,233.6 1,439.9 1,792.4 12,880.7 574.6 441.2 13,014.1 13,248.7 1,665.4 2,086.6 13,662.7 1,653.8 2,117.8 13,197.2 13,019.0 1,573.5 1,903.6 13,338.2 1,532.6 1,919.3 12.948.2 602.8 452.7 13.098.3 13,138.8 1,616.4 1,954.8 13,467.6 1,585.9 2,018.8 13,033.8 625.9 453.4 13,206.3 13,194.9 1,652.1 2,101.1 13,637.7 1,639.9 2,126.4 13,151.4 628.0 451.7 13,327.7 13,278.5 1,679.3 2,184.3 13,777.6 1,665.1 2,161.0 13,279.8 634.0 464.3 13,449.6 13,382.6 1,713.9 2,106.1 13,767.8 1,723.6 2,164.6 13,322.6 11 12 13 14 15 16 17 18 11,140.2 11,137.3 11,273.1 11,271.5 100.004 99.896 99.518 100.892 11,433.1 11,480.5 11,204.1 11.271.2 11,353.4 11.422.3 99.481 96.585 95.863 101.816 11,284.1 11.384.8 11,455.4 11.558.8 99.207 94.985 93.945 101.993 11,393.3 11,432.7 11.568.3 11.610.4 99.669 98.064 97.593 103.064 11,511.2 11,506.1 11.679.7 11.676.7 100.024 100.210 100.087 103.415 11,543.0 11,598.5 99.621 97.748 97.320 103.430 99.583 97.838 97.795 105.233 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 the price index for gross domestic product to the price index for gross domestic purchases. 6. Ratio (multiplied by 100) of the price index for exports of goods and services to the price index for imports of goods and services. 7. Ratio (multiplied by 100) of the price index for goods exports to the price index for goods imports. 8. Ratio (multiplied by 100) of the price index for goods exports to the price index for nonpetroleum goods imports. Table 1.10. Gross Domestic Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Com pensation o f employees, p a id .............................................................................................................. Wage and salary accruals............................................................................................................................ Disbursements.. To the rest of the w orld......................................................................................................................... Wage accruals less disbursements........................................................................................................ Supplements to wages and salaries........................................................................................................... Taxes on production and im p o rts......................... ......... Less: S ubsidies...... ......... Net operating surplus ......... Business current transfer payments (net).............................................................................................. Proprietors’ income with inventory valuation and capital consumption adjustments....................... Rental income of persons with capital consumption adjustm ent....................................................... Corporate profits with inventory valuation and capital consumption adjustments, domestic Profits after tax with inventory valuation and capital consumption adjustm ents......................... 1 2 3 4 7 8 9 10 11 1? 13 14 15 16 13,939.9 7,819.5 6,286.9 6,281.9 6,271.2 10.8 5.0 1,532.6 1,024.7 60.3 3,294.9 3,308.1 982.5 134.0 1,011.9 274.0 U 18 19 ?n 905.7 254.9 650.8 611.6 V1 22 23 24 25 39.2 -13.2 1,861.1 1,535.8 325.3 fi 7,999.1 6,413.1 6,413.1 0.0 1,586.1 1,058.8 59.0 131.8 1,055.8 301.3 2010 I II III 14,102.1 7,839.2 6,292.8 6,292.8 6,281.9 10.8 0.0 1,546.5 1,035.2 58.4 3,433.9 3,445.1 954.8 129.8 1,022.1 282.8 14,282.2 7,866.3 6,299.6 6,299.6 6,288.4 11.2 0.0 1,566.7 1,045.9 57.4 3,575.0 3,587.1 955.0 130.5 1,030.7 292.7 14,447.6 7,978.3 6,397.2 6,397.2 6,385.7 11.5 0.0 1,581.1 1,054.6 58.5 3,612.9 3,626.0 923.9 130.8 1,049.7 298.8 14,561.0 8,041.4 6,449.2 6,449.2 6,437.6 11.5 0.0 1,592.2 1,060.8 58.6 3,645.4 3,659.6 905.1 133.4 1,059.5 303.8 1,055.7 319.1 736.6 596.1 1,178.1 403.2 774.9 621.2 1 ???7 405.6 817.1 591.6 1,257.7 429.4 828.3 624.3 140.5 -11.3 1,852.2 1,525.5 326.8 153.6 -12.1 1,852.4 1,522.8 329.6 225.6 -13.1 1,860.4 1,527.4 333.0 204 0 -14.2 1,871.9 1,535.5 336.4 175.2 164.2 131.1 184.1 IV 8,110.5 6,506.3 6,506.3 0.0 1,604.2 1,074.0 61.4 132.5 1,083.3 309.9 Undistributed corporate profits with inventory valuation and capital consumption Current surplus of government enterprises.............................................................................................. Consum ption o f fixed c a p ita l........................................................................................................................ Private............................................................................................................................................................. Government................................................................................................................................................... Addendum : Statistical discrepancy.................................................................................................................................. 179.1 -13.6 1,868.7 1,533.8 334.8 -14.9 1,890.0 1,549.7 340.3 February 2011 S urvey of D-17 C u r r e n t B u s in e s s Table 1.12. National Income by Type of Income [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV 1 Compensation of employees........................................................................................................................ Wage and salary accruals............................................................................................................................ Government.............................................................................................................................................. O ther.......................................................................................................................................................... Supplements to wages and salaries.......................................................................................................... Employer contributions for employee pension and insurance fu n d s................................................. Employer contributions for government social insurance.................................................................... Proprietors’ income with IVA and CCAdj Farm....................................................... Nonfarm ................................................ Rental income of persons with CCAdj Corporate profits with IVA and CCAdj Net dividends................................... Net interest and miscellaneous payments Taxes on production and imports................................................................................................................ Less: Subsidies................................................................................................................................................ Business current transfer payments (net)................................................................................................ To persons (net)............................................................................................................................................ To government (net)...................................................................................................................................... To the rest of the world (net)....................................................................................................................... Current surplus of government enterprises............................................................................................. Addenda for corporate cash flow: Consumption of fixed capital................................................................................................................... Addenda: Proprietors’ income with IVA and CCAdj.................................................................................................... Farm............................................................................................................................................................ Proprietors’ income with IVA..... Capital consumption adjustmenl Nonfarm........................................... Proprietors’ income (without IVA and CCAdj).................................................................................. Inventory valuation adjustment.......................................................................................................... Capital consumption adjustmenl Rental income of persons with CCAdj........................................................................................................ Rental income of persons (without CCAdj)........................................................................................... Capital consumption adjustment... Corporate profits with IVA and CCAdj Net dividends............................................... Undistributed profits (without IVA and CCAdj)........................................................................ Inventory valuation adjustment.......................... Capital consumption adjustment............................................................................................................ IVA Inventory valuation adjustment CCAdj Capital consumption adjustment 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 12,225.0 7,811.7 6,279.1 1,173.6 5,105.5 1,532.6 1,072.0 460.6 1,011.9 30.5 981.5 274.0 1,258.0 254.9 1,003.1 718.9 284.2 784.3 1,024.7 60.3 134.0 36.0 98.5 -0.6 -13.2 ?6 71 28 VI 1,427.9 284.2 1,019.8 -123.9 30 31 32 33 34 35 36 3/ 38 39 40 41 4? 43 44 45 46 47 48 49 1,011.9 30.5 36.8 -6.3 981.5 837.2 0.2 144.0 274.0 289.0 -15.1 1,258.0 1,328.6 1,316.7 254.9 1 061.8 718.9 342.9 11.9 -70.6 7,990.8 6,404.7 1,187.2 5,217.5 1,586.1 1,106.9 479.2 1,055.8 45.6 1,010.2 301.3 732.6 737.6 1,058.8 59.0 131.8 37.4 94.5 -0.1 -13.6 1,017.4 1,055.8 45.6 51.1 -5.5 1,010.2 897.6 -6.4 118.9 301.3 315.9 -14.6 732.6 -131.4 2010 I II III 12,415.5 7,831.4 6,284.9 1,174.9 5,110.0 1,546.5 1,084.0 462.5 1,022.1 36.2 985.9 282.8 1,418.2 319.1 1,099.2 708.5 390.6 765.6 1,035.2 58.4 129.8 35.8 93.6 0.4 -11.3 12,621.0 7,858.1 6,291.4 1,185.5 5,105.9 1,566.7 1,095.8 470.9 1,030.7 36.8 994.0 292.7 1,566.6 403.2 1,163.3 720.3 443.0 765.9 1,045.9 57.4 130.5 36.6 93.0 0.9 -12.1 12,782.6 7,969.9 6,388.8 1,193.1 5,195.7 1,581.1 1,103.1 478.0 1,049.7 38.9 1,010.8 298.8 1,614.1 405.6 1,208.5 728.4 480.1 736.2 1,054.6 58.5 130.8 37.0 93.8 0.0 -13.1 12,877.5 8,033.0 6,440.8 1,185.3 5,255.5 1,592.2 1,110.3 482.0 1,059.5 48.5 1,011.0 303.8 1,640.1 429.4 1,210.7 736.5 474.2 719.6 1,060.8 58.6 133.4 37.2 96.2 0.0 -14.2 1,484.0 390.6 1,010.8 -82.6 1,517.3 443.0 1,008.0 -66.3 1,578.4 480.1 1,013.7 -84.6 1,510.0 474.2 1,019.0 -16.8 1,022.1 36.2 42.2 -6.0 985.9 852.5 -11.6 144.9 282.8 297.7 -14.9 1,418.2 1,481.2 1,548.4 319.1 1 229 3 708.5 520.8 -67.2 -63.0 1,030.7 36.8 42.5 -5.7 994.0 895.2 -6.1 104.8 292.7 307.5 -14.8 1,566.6 1,736.5 1,772.9 403.2 1,369.7 720.3 649.4 -36.4 -169.9 1,049.7 38.9 44.4 -5.5 1,010.8 903.5 2.0 105.3 298.8 313.3 -14.5 1,614.1 1,784.7 1,788.2 405.6 1,382.6 728.4 654.2 -3.5 -170.7 1,059.5 48.5 54.0 -5.4 1,011.0 910.3 -4.8 105.5 303.8 318.3 -14.5 1,640.1 1,809.3 1,845.7 429.4 1,416.3 736.5 679.9 -36.4 -169.3 IV 8,102.1 6,497.9 1,185.0 5,312.9 1,604.2 1,118.2 486.0 1,083.3 58.1 1,025.1 309.9 745.3 728.8 1,074.0 61.4 132.5 38.8 95.2 -1.5 -14.9 1,029.0 1,083.3 58.1 63.6 -5.5 1,025.1 881.4 -16.5 160.2 309.9 324.5 -14.5 745.3 -15.8 D-18 National Data February 2011 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 2009 2010 2009 2010 IV G ross value added o f corporate business 1......................... Consumption of fixed capital................................................................. Net value added.............................................. Compensation of employees...................... Wage and salary accruals..................... Supplements to wages and salaries........................................... Taxes on production and imports less subsidies........................... Net operating surplus................................. Net interest and miscellaneous payments................................. Business current transfer payments (net).................................. Corporate profits with IVA and CCAdj........................................ Taxes on corporate income...................................................... Profits after tax with IVA and CCAdj....................................... Net dividends........................................................... Undistributed profits with IVA and CCAdj............. G ross value added of financial corporate b usiness 1 G ross value added o f nonfinancial corporate business Consumption of fixed capital................................................................. Net value added..................... ...................................... Compensation of employees............................................................ Wage and salary accruals............................................................ Supplements to wages and salaries........................................... Taxes on production and imports less subsidies........................... Net operating surplus.................................. Net interest and miscellaneous payments................................. Business current transfer payments (net).................................. Corporate profits with IVA and CCAdj......................................... Taxes on corporate income............... Profits after tax with IVA and CCAdj.. Net dividends........................................................................ Undistributed profits with IVA and CCAdj.......................... Addenda: Corporate business: Profits before tax (without IVA and C C A dj)................................ Profits after tax (without IVA and CCAdj)................................... Inventory valuation adjustment.................................................... Capital consumption adjustment........... N onfinancial corporate business: Profits before tax (without IVA and CC A dj)................................ Profits after tax (without IVA and CCAdj)................................... Inventory valuation adjustment.................................................... Capital consumption adjustment........... 7,675.4 1,019.8 6.655.6 4.738.1 3.886.7 851.4 637.5 1.280.1 279.8 94.6 905.7 254.9 650.8 611.6 39.2 1.050.2 6.625.2 879.0 5.746.3 4,193.6 3,441.0 752.5 590.2 962.5 7.810.6 521.4 497.3 24.1 8.068.7 1.013.7 7.055.0 4.827.0 3,949.5 877.4 657.2 1.570.8 256.4 91.6 1.222.7 405.6 817.1 591.6 225.6 1.145.7 6.923.0 872.9 6.050.0 4.271.7 3.496.1 775.6 609.0 1,169.3 202.3 78.3 888.6 287.4 601.1 499.1 102.0 8.163.0 1.019.0 7.144.0 4.879.3 3.995.0 884.3 661.4 1.603.3 252.1 93.5 1.257.7 429.4 828.3 624.3 204.0 1.184.8 6.978.3 877.5 6.100.7 4.319.4 3.537.7 781.7 613.4 1.167.9 199.2 79.8 888.9 293.6 595.3 538.7 56.6 -131.4 1,185.8 866.8 -67.2 -63.0 1,384.4 981.2 -36.4 -169.9 1,396.9 991.3 -3.5 -170.7 1,463.4 1,034.0 -36.4 -169.3 1 ,0 2 1 .8 -110.3 839.1 637.3 -67.2 -48.7 1,037.5 750.1 -3.5 -145.4 1,069.7 776.1 -36.4 -144.4 1,017.4 4,844.6 3,964.4 880.2 660.0 92.1 876.1 4.289.8 3.511.8 778.0 611.9 220.1 79.1 663.3 170.3 492.9 511.4 -18.5 964.4 709.5 11.9 -70.6 706.4 536.1 11.9 -55.1 78.8 6,141.7 830.5 5,311.2 1 ,010.8 6,799.8 4.740.5 3.883.1 857.4 646.0 1.413.3 268.7 88.9 1.055.7 319.1 736.6 596.1 140.5 1.142.8 6.667.8 870.7 5.797.1 4.192.4 3.434.6 757.9 598.3 1.006.4 205.3 77.8 723.2 201.8 ValueGross value added of nonfinancial corporate business Consumption of fixed ca p ita l3............................................ Net value added 4................................................................. II 7.941.3 1,008.0 6.933.3 4.746.1 3,877.7 868.4 652.9 1.534.2 264.3 91.9 1.178.1 403.2 774.9 621.2 153.6 1,136.9 6.804.4 868.2 5.936.2 4,205.1 3,437.6 767.6 604.8 1.126.3 208.3 77.5 840.4 265.2 575.3 515.5 59.7 842.3 756.6 -36.4 -144.9 1,029.0 4,926.1 4,035.5 890.7 668.4 91.2 4,363.0 3,575.8 787.3 620.5 79.4 -15.8 in billions of chained (2005) dollars 6,266.5 830.3 5,436.2 6,431.3 833.6 5,597.7 6,501.5 838.4 5,663.1 6,478.7 844.9 5,633.8 852.1 1. Estimates for financial corporate business and nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). 2. The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not available, the chain-type price index for GDP goods and structures is used. 3. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the chain-type quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. 4. Chained-dollar net value added of nonfinancial corporate business is the difference between the gross product and the consumption of fixed capital. IVA Inventory valuation adjustment CCAdj Capital consumption adjustment Table 1.15. Price, Costs, and Profit Per Unit of Real Gross Value Added of Nonfinancial Domestic Corporate Business [Dollars] Seasonally adjusted Line 2009 2010 2009 2010 IV Price per unit of real gross value added of nonfinancial corporate business 1....................... Compensation of employees (unit labor cost)................................................................................. Unit nonlabor c o s t................................................................................................................................... Consumption of fixed capital................................................................................................................ Taxes on production and imports less subsidies plus business current transfer payments (net) Net interest and miscellaneous payments......................................................................................... Corporate profits with IVA and CCAdj (unit profits from current production).......................... Taxes on corporate income.................................................................................................................. Profits after tax with IVA and CCAdj.................................................................................................... 1.079 0.683 0.288 0.143 0.109 0.036 0.108 0.028 0.080 1.064 0.669 0.280 0.139 0.108 0.033 0.115 0.032 0.083 1.058 0.654 0.273 0.135 0.106 0.032 0.131 0.041 0.089 1.065 0.657 0.271 0.134 0.106 0.031 0.137 0.044 0.092 1.077 0.667 0.273 0.135 0.107 0.031 0.137 0.045 0.092 1. The implicit price deflator for gross value added of nonfinancial corporate business divided by 100. Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification System (NAICS). N o te . The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not avail able, the chain-type price index for GDP goods and structures is used. IVA Inventory valuation adjustment CCAdj Capital consumption adjustment February 2011 S urvey of D-19 C u r r e n t B u s in e s s 2. P ersonal Incom e and O utlays Table 2.1. Personal Income and Its Disposition [Billions of dollars] Seasonally adjusted at annual rates Line 2010 2009 2010 2009 I IV Personal income.............................................................................................................................................. Compensation of employees, received...................................................................................................... Wage and salary disbursements............................................................................................................ Private industries................................................................................................................................. Government.......................................................................................................................................... Supplements to wages and salaries...................................................................................................... Employer contributions for employee pension and insurance funds............................................. Employer contributions for government social insurance................................................................ Proprietors’ income with inventory valuation and capital consumption adjustments........................... Farm............................................................................................................................................................ Nonfarm..................................................................................................................................................... Rental income of persons with capital consumption adjustment............................................................ Personal income receipts on assets........................................................................................................... Personal interest income.......................................................................................................................... Personal dividend income....................................................................................................................... Personal current transfer receipts............................................................................................................... Government social benefits to persons.................................................................................................. Old-age, survivors, disability, and health insurance benefits.......................................................... Government unemployment insurance benefits............................................................................... Veterans benefits................................................................................................................................. Family assistance 1.............................................................................................................................. O ther...................................................................................................................................................... Other current transfer receipts, from business (net)............................................................................. Less: Contributions for government social insurance, dom estic............................................................ Less: Personal current taxes....................................................................................................................... Equals: Disposable personal incom e........................................................................................................ Less: Personal outlays.................................................................................................................................. Personal consumption expenditures.......................................................................................................... Personal interest payments 2...................................................................................................................... Personal current transfer payments........................................................................................................... To government.......................................................................................................................................... To the rest of the world (net)................................................................................................................... Equals: Personal saving................................................................................................................................ Personal saving as a percentage of disposable personal income................................................. Addenda: Personal income excluding current transfer receipts, billions of chained (2005) dollars 3...... Disposable personal income: Total, billions of chained (2005) dolla rs3.............................................................................................. Per capita: Current dollars...................................................................................................................................... Chained (2005) dollars......................................................................................................................... Population (midperiod, thousands)............................................................................................................ Percent change from preceding period: Disposable personal income, current dollars................................................................................. Disposable personal income, chained (2005) dollars.................................................................... III II IV 1 2 3 4 5 6 7 8 y 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 12,174.9 7,806.7 6,274.1 5,100.5 1,173.6 1,532.6 1,072.0 460.6 1,011.9 30.5 981.5 274.0 1,919.7 1,222.3 697.4 2,132.8 2,096.8 1,164.5 128.6 52.3 20.1 731.3 36.0 970.3 1,140.0 11,034.9 10,379.6 10,001.3 216.8 161.4 95.0 66.5 655.3 5.9 12,545.3 7,990.8 6,404.7 5,217.5 1,187.2 1,586.1 1,106.9 479.2 1,055.8 45.6 1,010.2 301.3 1,906.4 1,193.8 712.7 2,295.2 2,257.8 1,213.9 136.7 61.8 19.8 825.6 37.4 1,004.3 1,167.0 11,378.3 10,723.2 10,351.9 198.6 172.7 101.0 71.7 655.1 5.8 12,239.0 7,831.4 6,284.9 5,110.0 1,174.9 1,546.5 1,084.0 462.5 1,022.1 36.2 985.9 282.8 1,889.2 1,205.8 683.4 2,188.2 2,152.5 1,188.8 143.4 55.1 20.1 745.0 35.8 974.8 1,117.2 11,121.7 10,505.7 10,131.5 207.8 166.4 97.0 69.5 616.0 5.5 12,350.3 7,858.1 6,291.4 5,105.9 1,185.5 1,566.7 1,095.8 470.9 1,030.7 36.8 994.0 292.7 1,911.1 1,208.7 702.4 2,245.5 2,208.9 1,191.3 146.1 57.8 19.9 793.8 36.6 987.8 1,134.7 11,215.6 10,603.9 10,230.8 203.8 169.2 98.5 70.7 611.8 5.5 12,517.1 7,969.9 6,388.8 5,195.7 1,193.1 1,581.1 1,103.1 478.0 1,049.7 38.9 1,010.8 298.8 1,914.4 1,205.3 709.2 2,286.1 2,249.1 1,208.1 136.8 60.4 19.4 824.4 37.0 1,001.9 1,149.1 11,368.0 10,663.7 10,285.4 206.0 172.3 100.1 72.2 704.3 6.2 12,592.8 8,033.0 6,440.8 5,255.5 1,185.3 1,592.2 1,110.3 482.0 1,059.5 48.5 1,011.0 303.8 1,889.7 1,174.7 715.0 2,316.4 2,279.2 1,223.5 135.7 63.3 19.9 836.8 37.2 1,009.8 1,177.7 11,415.1 10,736.3 10,366.3 197.1 172.9 101.8 71.1 678.7 5.9 12,721.1 8,102.1 6,497.9 5,312.9 1,185.0 1,604.2 1,118.2 486.0 1,083.3 58.1 1,025.1 309.9 1,910.5 1,186.5 724.1 2,333.0 2,294.2 1,232.6 128.3 65.9 19.9 847.5 38.8 1,017.7 1,206.4 11,514.7 10,888.9 10,525.2 187.3 176.4 103.6 72.8 625.8 5.4 35 9,191.1 9,224.1 9,109.7 9,111.7 9,226.6 9,249.6 9,308.3 36 10,099.8 10,239.4 10,080.4 10,113.3 10,251.9 10,274.6 10,317.8 3/ 38 39 35,888 32,847 307,483 36,691 33,019 310,109 36,049 32,673 308,521 36,282 32,717 309,120 36,704 33,100 309,724 36,771 33,097 310,438 37,006 33,160 311,155 40 41 0.7 0.6 3.1 1.4 2.7 0.0 3.4 1.3 5.5 5.6 1.7 0.9 3.5 1.7 1. Consists of aid to families with dependent children and, beginning with 1996, assistance programs operating under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996. 2. Consists of nonmortgage interest paid by households. 3. The current-dollar measure is deflated by the implicit price deflator for personal consumption expenditures. Table 2.2B. Wage and Salary Disbursements by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 6,274.1 5,100.5 1,064.0 661.5 4,036.6 990.5 3,046.1 1,173.6 6,404.7 5,217.5 1,055.6 671.7 4,161.9 1,008.5 3,153.4 1,187.2 6,284.9 5,110.0 1,046.1 658.3 4,064.0 988.2 3,075.7 1,174.9 IV Wage and salary disbursements........................................................................................................ Private industries............................................................................................................................................ Goods-producing industries. Manufacturing................... Services-producing industries..................................................................................................................... Trade, transportation, and utilities.......................................................................................................... Other services-producing industries 1 ................................................................................................... Government...................................................................................................................................................... 1 2 3 4 5 6 7 8 2010 I 6,291.4 5,105.9 1,032.2 652.6 4,073.7 988.0 3,085.8 1,185.5 II 6,388.8 5,195.7 1,054.3 672.4 4,141.4 1,005.4 3,136.0 1,193.1 III 6,440.8 5,255.5 1,065.7 680.4 4,189.9 1,014.5 3,175.4 1,185.3 IV 6,497.9 5,312.9 1,070.3 681.5 4,242.5 1,026.3 3,216.2 1,185.0 1. Other services-producing industries consists of information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises, administrative and support and waste management and remediation services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services. N ote . Estimates in this table are based on the 2002 North American Industry Classification System (NAICS). D-20 National Data February 2011 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 2009 2009 2010 2010 IV Personal consumption expenditures (PC E ).................................................................................... Goods................................................................................................................................................................. Durable goods................................................................................................................................................ Motor vehicles and parts.......................................................................................................................... Furnishings and durable household equipment................................................................................... Recreational goods and vehicles........................................................................................................... Other durable goods............................... Nondurable goods........................................ Food and beverages purchased for off-premises consumption......................................................... Clothing and footwear.............................................................................................................................. Gasoline and other energy goods......... Other nondurable goods.......................................................................................................................... Services........................................................................ Household consumption expenditures (for services)............................................................................... Housing and utilities............................................. Health care............................................................ Transportation services............................................................................................................................ Recreation services.................... Food services and accommodations..................................................................................................... Financial services and insurance Other services.............................. Final consumption expenditures of nonprofit institutions serving households (N PISH s)1................ Gross output of nonprofit institutions 2................................................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3................................... Addenda: PCE excluding food and energy 4............................................................................................................... Energy goods and services 5....................................................................................................................... Market-based PCE 6..................................................................................................................................... Market-based PCE excluding food and energy 6...................................................................................... I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 -1.2 -2.0 -3.7 -6.9 -6.4 1.4 -2.3 -1.2 -0.9 -4.4 1.2 -1.1 -0.8 -0.7 1.1 2.2 -8.1 -2.4 -3.6 -3.6 -1.2 -4.2 0.6 2.3 1.8 4.3 7.7 3.3 8.7 12.3 5.9 2.8 2.7 5.7 -0.2 2.9 0.5 0.5 1.1 1.3 1.3 -0.5 2.5 -2.3 -1.1 2.7 1.0 0.4 0.9 1.7 -1.1 -21.3 25 26 27 28 -1.4 1.1 -1.0 -1.1 1.7 2.0 2.1 2.0 II IV III -0.5 1.9 5.7 8.8 -2.6 13.9 12.9 18.8 4.2 3.7 12.0 0.7 3.3 0.1 0.0 -0.5 -0.3 3.5 -0.1 6.9 -2.8 -1.2 1.2 -0.9 -1.6 2.2 3.4 6.8 6.9 9.0 9.3 -2.2 1.9 -2.9 6.4 3.0 4.5 1.6 1.5 1.1 3.1 4.1 -0.3 2.5 1.1 -0.8 3.4 3.3 3.3 2.4 4.1 7.6 5.2 5.6 12.2 6.6 2.5 3.2 -1.1 0.1 4.4 1.6 1.6 3.4 1.2 3.9 4.3 2.8 -4.7 1.7 1.0 1.2 1.2 4.4 10.1 21.6 45.0 11.4 15.8 4.4 5.0 4.9 14.2 -3.1 5.2 1.7 1.7 0.6 2.9 1.8 -0.6 4.1 2.9 -0.1 1.3 3.2 3.8 0.4 3.4 1.2 0.7 2.0 -2.6 2.2 2.5 2.6 3.4 2.5 3.0 1.9 9.7 2.3 1.7 4.7 -1.5 4.9 5.4 15.8 -0.8 -2.3 -1.0 -1.0 -3.7 -1.2 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas 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 2009 2010 2009 2010 IV Percent change at annual rate: Personal consumption expenditures (PC E ).................................................................................... Percentage points at annual rates: Goods................................................................................................................................................................. Durable goods................................................................................................................................................ Motor vehicles and parts......................... Furnishings and durable household equipment................................................................................... Recreational goods and vehicles........................................................................................................... Other durable g oods............................... Nondurable goods........................................ Food and beverages purchased for off-premises consum ption......................................................... 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 (N PISH s)1................ Gross output of nonprofit institutions2................................................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3 ................................... Addenda: PCE excluding food and energy 4............................................................................................................... Energy goods and services5...................................................................................................................... Market-based PCE 6..................................................................................................................................... Market-based PCE excluding food and energy 6...................................................................................... I II III IV 1 -1.2 1.8 0.9 1.9 2.2 2.4 4.4 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 -0.65 -0.39 -0.24 -0.17 0.05 -0.03 -0.26 -0.07 -0.14 0.04 -0.09 -0.55 -0.43 0.20 0.33 -0.25 -0.09 -0.22 -0.30 -0.11 -0.11 0.06 0.17 1.40 0.78 0.11 0.21 0.38 0.08 0.62 0.21 0.18 0.00 0.24 0.37 0.30 0.21 0.22 0.04 -0.02 0.15 -0.19 -0.10 0.07 0.10 0.03 0.57 -0.11 -0.79 0.22 0.47 -0.01 0.68 0.38 0.18 -0.07 0.19 0.36 0.15 0.31 0.29 -0.03 -0.04 0.03 -0.30 -0.11 0.21 0.17 -0.04 1.82 0.88 -0.08 0.32 0.39 0.25 0.94 0.29 0.37 0.02 0.26 0.05 0.02 -0.09 -0.06 0.10 0.00 0.40 -0.22 -0.11 0.03 -0.09 -0.12 1.13 0.69 0.22 0.22 0.29 -0.03 0.44 -0.23 0.20 0.10 0.36 1.07 0.98 0.20 0.49 0.12 -0.01 0.15 0.10 -0.07 0.09 0.35 0.26 1.34 0.77 0.17 0.14 0.37 0.09 0.56 0.24 -0.04 0.00 0.35 1.05 1.03 0.62 0.19 0.11 0.16 0.17 -0.38 0.16 0.03 0.12 0.10 3.24 2.12 1.29 0.27 0.49 0.07 1.12 0.37 0.44 -0.11 0.42 1.14 1.10 0.12 0.47 0.05 -0.02 0.25 0.23 0.00 0.04 0.34 0.30 25 26 27 28 -1.19 0.06 -0.85 -0.84 1.45 0.11 1.84 1.52 0.36 0.18 1.06 0.49 1.73 -0.15 1.96 1.83 2.24 0.19 2.14 2.18 1.64 0.51 2.00 1.25 4.09 -0.08 4.24 3.94 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. February 2011 Survey of D-21 C u r r e n t B u s in e s s Table 2.3.3. Real Personal Consumption Expenditures by Major Type of Product, Quantity Indexes [Index numbers, 2005=100] Seasonally adjusted Line 2009 2010 2009 IV Personal consumption expenditures (PC E ).................................................................................... Goods................................................................................................................................................................. Durable goods............. Motor vehicles and parts.......................................................................................................................... Furnishings and durable household equipment................................................................................... Recreational goods and vehicles........................................................................................................... ................................................................. Other durable goods Nondurable goods....... Food and beverages purchased for off-premises consumption......................................................... Clothing and footwear.............................................................................................................................. Gasoline and other energy goods.......................................................................................................... Other nondurable goods.......................................................................................................................... Services.......................... .............................................................................. Household consumption expenditures (for services)............................................................................... Housing and utilities................................................................................................................................. Health care.............. Transportation services............................................................................................................................ Recreation services................................................................................................................................. Food services and accommodations..................................................................................................... Financial services and insurance... Other services........................................................................................................................................... Final consumption expenditures of nonprofit institutions serving households (N PISH s)1................ Gross output of nonprofit institutions 2.................................................................................................. Less: Receipts from sales of goods and services by nonprofit institutions3 ................................... Addenda: PCE excluding food and energy 4.............................................................................................................. Energy goods and services 5...................................................................................................................... Market-based PCE 6..................................................................................................................................... Market-based PCE excluding food and energy 6...................................................................................... 2010 I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 103.797 101.416 99.011 79.093 96.222 131.643 98.669 102.487 103.023 103.570 93.660 105.867 105.006 104.448 104.682 109.457 87.758 104.597 100.461 104.265 104.526 119.597 108.852 105.361 105.632 105.788 106.616 81.721 104.608 147.874 104.445 105.347 105.816 109.461 93.499 108.977 105.576 104.929 105.850 110.920 88.901 104.028 102.926 101.858 103.393 122.789 109.897 105.807 104.126 102.533 100.870 78.782 98.254 137.749 99.380 103.247 104.710 104.432 92.996 106.294 104.936 104.315 105.275 110.028 86.966 103.610 100.150 102.793 103.650 121.393 109.087 105.166 104.608 103.952 103.025 78.271 101.506 141.981 103.753 104.321 105.672 107.436 93.155 107.148 104.952 104.320 105.147 109.932 87.710 103.584 101.838 102.074 103.334 121.755 108.846 104.756 105.178 104.837 104.735 79.584 103.725 145.157 103.183 104.823 104.895 109.113 93.854 108.337 105.366 104.713 105.437 110.766 88.602 103.498 102.476 102.364 103.132 122.788 109.744 105.613 105.801 105.898 106.673 80.594 105.159 149.384 104.851 105.476 105.714 108.816 93.866 109.514 105.775 105.124 106.326 111.090 89.452 104.590 103.175 101.140 103.565 123.106 110.064 105.933 106.942 108.465 112.029 88.437 108.042 154.975 105.995 106.769 106.981 112.479 93.122 110.910 106.211 105.561 106.491 111.890 89.842 104.438 104.215 101.856 103.543 123.506 110.933 106.928 25 26 27 28 104.493 94.956 103.517 104.278 106.237 96.876 105.693 106.414 104.657 95.882 104.024 104.627 105.176 95.243 104.604 105.268 105.850 96.051 105.239 106.038 106.343 98.292 105.835 106.477 107.581 97.919 107.096 107.874 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas services. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. Table 2.3.4. Price Indexes for Personal Consumption Expenditures by Major Type of Product [Index numbers, 2005=100] Seasonally adjusted Line 2009 2010 2009 IV Personal consumption expenditures (PC E ).................................................................................... Goods................................................................................................................................................................. Durable goods............................................................................................................................................... Motor vehicles and parts.............................. Furnishings and durable household equipment................................................................................... Recreational goods and vehicles............... Other durable goods.................................... Nondurable goods......................................................................................................................................... Food and beverages purchased for off-premises consumption......................................................... Clothing and footwear.............................................................................................................................. Gasoline and other energy goods Other nondurable goods................ Services............................................................................................................................................................ Household consumption expenditures (for services)............................................................................... Housing and utilities................................................................................................................................. Health care........................................ Transportation services................... Recreation services........................ Food services and accommodations..................................................................................................... Financial services and insurance........................................................................................................... Other services........................................................................................................................................... Final consumption expenditures of nonprofit institutions serving households (N PISH s)1................ Gross output of nonprofit institutions2.................................................................................................. Less: Receipts from sales of goods and services by nonprofit institutions 3 ................................... Addenda: PCE excluding food and energy 4............................................................................................................... Energy goods and services 5...................................................................................................................... Market-based PCE 6..................................................................................................................................... Market-based PCE excluding food and energy6...................................................................................... 2010 I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 109.258 103.634 93.782 98.676 97.709 79.513 111.234 109.262 113.538 98.588 106.387 110.691 112.233 112.718 113.240 112.693 115.633 110.815 114.375 109.533 113.329 101.105 111.137 114.836 111.123 105.409 92.449 103.107 93.638 74.767 112.007 112.748 113.948 97.898 125.694 112.809 114.159 114.722 113.513 115.541 118.003 112.016 115.932 113.043 116.506 101.261 113.611 118.163 110.333 105.120 93.603 101.333 96.127 77.455 112.456 111.651 112.950 98.770 121.338 111.966 113.102 113.631 113.277 113.966 116.730 111.420 114.935 111.427 114.795 100.977 112.221 116.359 110.901 105.784 93.121 102.384 95.304 76.282 111.179 112.949 113.466 98.452 128.166 112.594 113.620 114.205 113.389 114.582 117.501 111.325 115.001 113.396 115.541 100.254 112.553 117.088 110.888 104.812 92.755 103.041 94.310 75.327 111.571 111.638 113.916 97.439 118.788 112.604 114.116 114.703 113.396 115.286 118.269 111.904 115.794 113.758 116.488 100.713 113.322 117.972 111.102 105.058 92.235 103.637 93.010 74.277 111.758 112.315 113.989 98.323 121.632 112.917 114.314 114.873 113.542 115.903 117.918 112.386 116.327 112.670 116.819 101.502 113.967 118.563 111.602 105.982 91.685 103.368 91.928 73.182 113.518 114.091 114.422 97.379 134.190 113.120 114.584 115.107 113.724 116.395 118.324 112.451 116.608 112.346 117.177 102.574 114.600 119.031 25 26 27 28 108.774 110.250 109.372 108.826 110.203 121.696 111.093 110.012 109.551 118.904 110.356 109.445 109.887 123.495 110.824 109.626 110.171 117.714 110.763 109.903 110.318 119.271 111.127 110.214 110.436 126.305 111.657 110.306 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. February 2011 National Data D-22 Table 2.3.5. Personal Consumption Expenditures by Major Type of Product [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Personal consumption expenditures (PC E ).................................................................................... Goods................................................................................................................................................................. Durable goods................... Motor vehicles and parts.......................................................................................................................... Furnishings and durable household equipment................................................................................... Recreational goods and vehicles........................................................................................................... Other durable goods.... Nondurable goods............ Food and beverages purchased for off-premises consumption......................................................... Clothing and footwear.............................................................................................................................. Gasoline and other energy goods.......................................................................................................... Other nondurable goods.......... Services............................................. Household consumption expenditures (for services)............................................................................... Housing and utilities................................................................................................................................. Health care.................... Transportation services Recreation services.... Food services and accommodations..................................................................................................... Financial services and insurance........................................................................................................... Other services.............. Final consumption expenditures of nonprofit institutions serving households (N PISH s)1 ................ Gross output of nonprofit institutions2................................................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3 ................................... Addenda: PCE excluding food and energy4............................................................................................................... Energy goods and services 5...................................................................................................................... Market-based PCE 6..................................................................................................................................... Market-based PCE excluding food and energy 6...................................................................................... 2010 I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1b 16 17 18 19 20 21 22 23 24 10,001.3 3,230.7 1,026.5 319.7 248.1 317.5 141.1 2,204.2 777.9 322.2 303.7 800.4 6,770.6 6,511.8 1,876.3 1,623.2 290.1 378.8 603.6 813.8 925.9 258.9 1,058.1 799.2 10,351.9 3,427.6 1,089.6 345.2 258.5 335.5 150.4 2,338.0 801.9 338.1 358.3 839.7 6,924.3 6,658.2 1,901.9 1,686.5 299.9 380.8 626.8 820.7 941.6 266.2 1,092.1 825.9 10,131.5 3,312.9 1,043.9 327.0 249.3 323.9 143.7 2,269.0 786.5 325.5 344.1 812.9 6,818.6 6,556.2 1,887.6 1,650.1 290.2 377.3 604.7 816.3 930.1 262.4 1,070.7 808.3 10,230.8 3,380.0 1,060.7 328.3 255.3 328.8 148.3 2,319.3 797.4 333.8 364.1 824.1 6,850.9 6,589.6 1,887.1 1,657.5 294.6 376.8 615.2 824.9 933.3 261.3 1,071.5 810.2 10,285.4 3,377.5 1,074.1 335.9 258.2 331.9 148.0 2,303.4 794.6 335.5 340.0 833.3 6,907.9 6,643.2 1,892.5 1,680.4 299.6 378.5 623.3 829.9 939.1 264.7 1,087.7 823.0 10,366.3 3,419.6 1,087.8 342.2 258.2 336.9 150.7 2,331.8 801.4 337.6 348.2 844.7 6,946.7 6,679.2 1,910.9 1,694.3 301.5 384.1 630.5 812.2 945.7 267.5 1,097.1 829.6 10,525.2 3,533.3 1,135.7 374.5 262.1 344.3 154.7 2,397.7 814.0 345.6 381.1 857.0 6,991.8 6,720.7 1,916.9 1,713.8 303.9 383.8 638.4 815.6 948.4 271.2 1,111.9 840.7 25 26 27 28 8,705.0 518.4 8,758.5 7,462.7 8,966.7 583.4 9,083.3 7,698.5 8,780.9 564.1 8,880.2 7,530.0 8,851.5 582.0 8,967.6 7,588.6 8,931.3 559.5 9,017.2 7,663.5 8,984.9 580.1 9,098.0 7,717.0 9,099.2 612.0 9,250.3 7,824.7 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. Table 2.3.6. Real Personal Consumption Expenditures by Major Type of Product, Chained Dollars [Billions of chained (2005) dollars] Seasonally adjusted at annual rates 2009 2010 2009 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1b 16 17 18 19 20 21 22 23 24 25 9,153.9 3,117.4 1,094.6 324.0 253.9 399.3 126.9 2,017.4 685.1 326.8 285.5 723.1 6,032.7 5,777.0 1,656.9 1,440.4 250.9 341.8 527.7 743.0 817.0 256.0 952.1 696.0 -4.5 9,315.7 3,251.8 1,178.6 334.8 276.1 448.6 134.3 2,073.7 703.7 345.4 285.0 744.4 6,065.4 5,803.7 1,675.4 1,459.6 254.2 339.9 540.7 725.9 808.1 262.9 961.2 698.9 -22.7 9,182.9 3,151.8 1,115.1 322.7 259.3 417.9 127.8 2,032.3 696.3 329.5 283.5 726.0 6,028.7 5,769.7 1,666.3 1,447.9 248.6 338.6 526.1 732.5 810.1 259.9 954.1 694.7 -9.6 9,225.4 3,195.4 1,138.9 320.6 267.9 430.7 133.4 2,053.5 702.7 339.0 284.0 731.9 6,029.6 5,769.9 1,664.3 1,446.7 250.8 338.5 535.0 727.4 807.7 260.6 952.0 692.0 -15.2 9,275.7 3,222.6 1,157.8 326.0 273.7 440.3 132.7 2,063.4 697.6 344.3 286.1 740.0 6,053.4 5,791.7 1,668.9 1,457.6 253.3 338.2 538.3 729.5 806.1 262.9 959.9 697.6 -19.2 9,330.6 3,255.2 1,179.3 330.1 277.5 453.2 134.8 2,076.2 703.0 343.4 286.1 748.0 6,076.9 5,814.4 1,683.0 1,461.9 255.7 341.8 542.0 720.7 809.5 263.5 962.7 699.7 -23.1 9,431.2 3,334.1 1,238.5 362.3 285.1 470.1 136.3 2,101.7 711.4 354.9 283.9 757.6 6,101.9 5,838.6 1,685.6 1,472.4 256.9 341.3 547.4 725.8 809.3 264.4 970.3 706.3 -33.1 26 27 28 29 8,002.9 470.2 8,008.0 6,857.4 8,136.5 479.7 8,176.4 6,997.9 8,015.4 474.8 8,047.2 6,880.3 8,055.2 471.6 8,092.0 6,922.5 8,106.8 475.6 8,141.2 6,973.1 8,144.6 486.7 8,187.3 7,002.0 8,239.4 484.9 8,284.8 7,093.8 Line IV Personal consumption expenditures (PC E)..................................................................................... Goods................................................................................................................................................................. Durable goods................... Motor vehicles and parts.......................................................................................................................... Furnishings and durable household equipment................................................................................... Recreational goods and vehicles........................................................................................................... Other durable goods....................................................... Nondurable goods................................................................ Food and beverages purchased for off-premises consumption......................................................... Clothing and footwear.............................................................................................................................. Gasoline and other energy goods.......................................................................................................... Other nondurable goods.......... Services............................................. ............................................................ Household consumption expenditures (for services)............................................................................... Housing and utilities.................................................................................................................................. Health care.................... Transportation services Recreation services.... Food services and accommodations..................................................................................................... Financial services and insurance............................................................................................................ Other services.............. Final consumption expenditures ot nonprofit institutions serving households (NP i S hs ) ' ................ Gross output of nonprofit institutions 2................................................................................................... Less: Receipts from sales of goods and services by nonprofit institutions 3................................... Residual.............................................................................................................................................................. Addenda: PCE excluding food and energy 4............................................................................................................... Energy goods and services5................... Market-based PCE 6..................................................................................................................................... Market-based PCE excluding food and energy6 ...................................................................................... 2010 I II III IV 1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households. 2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software). 3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees. 4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food. 5. Consists of gasoline and other energy goods and of electricity and gas. 6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished without payment) and the final consumption expenditures of nonprofit institutions serving households. N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. February 2011 S urvey of D-23 C u r r e n t B u s in e s s 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 2009 2010 2009 IV Personal consum ption expenditures (P C E ).................................................................................... G oo d s..................................................................... Durable goods................................................... Motor vehicles and parts............................. Furnishings and durable household equipment................................................................................... Recreational goods and vehicles........................................................................................................... Other durable goods.......... Nondurable goods......................................................................................................................................... Food and beverages purchased for off-premises consumption......................................................... Clothing and footwear.............................................................................................................................. Gasoline and other energy goods....................................... Other nondurable goods....................................................... S e rvice s............................................................................................................................................................ Household consumption expenditures (for services)............................................................................... Housing and utilities................................................................................................................................. Health care.................................................... Transportation services................................ Recreation services................................................................................................................................. Food services and accommodations..................................................................................................... Financial services and insurance... Other services.................................. Final consumption expenditures of nonprofit institutions serving households (N PISH s)1................ Gross output of nonprofit institutions2................................................................................................... Less: Receipts from sales of goods and services by nonprofit institutions3................................... Addenda: PCE excluding food and energy4............................................................................................................... Energy goods and services 5.......................... Market-based PCE 6.................................................................................................................................... Market-based PCE excluding food and energy 6...................................................................................... 2010 I II IV III 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 0.2 -2.5 -1.6 0.1 -0.3 -5.6 1.4 -2.9 1.3 0.9 -27.1 4.4 1.5 1.7 1.2 2.7 2.9 1.2 2.4 -0.4 2.3 -3.1 1.4 3.0 1.7 1.7 -1.4 4.5 -4.2 -6.0 0.7 3.2 0.4 -0.7 18.1 1.9 1.7 1.8 0.2 2.5 2.0 1.1 1.4 3.2 2.8 0.2 2.2 2.9 2.7 2.8 0.7 9.9 -5.0 -6.0 5.4 3.8 -0.1 -1.8 26.8 1.3 2.7 2.8 0.5 3.3 3.8 0.4 1.8 7.5 4.0 -0.1 2.8 3.8 2.1 2.6 -2.0 4.2 -3.4 -5.9 -4.5 4.7 1.8 -1.3 24.5 2.3 1.8 2.0 0.4 2.2 2.7 -0.3 0.2 7.3 2.6 -2.8 1.2 2.5 0.0 -3.6 -1.6 2.6 -4.1 -4.9 1.4 -4.6 1.6 -4.1 -26.2 0.0 1.8 1.8 0.0 2.5 2.6 2.1 2.8 1.3 3.3 1.8 2.8 3.1 0.8 0.9 -2.2 2.3 -5.4 -5.5 0.7 2.4 0.3 3.7 9.9 1.1 0.7 0.6 0.5 2.2 -1.2 1.7 1.9 -3.8 1.1 3.2 2.3 2.0 1.8 3.6 -2.4 -1.0 -4.6 -5.8 6.4 6.5 1.5 -3.8 48.1 0.7 0.9 0.8 0.6 1.7 1.4 0.2 1.0 -1.1 1.2 4.3 2.2 1.6 25 26 27 28 1.5 -19.2 0.3 1.9 1.3 10.4 1.6 1.1 2.1 18.0 2.2 1.4 1.2 16.4 1.7 0.7 1.0 -17.5 -0.2 1.0 0.5 5.4 1.3 1.1 0.4 25.8 1.9 0.3 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. D-24 February 2011 National Data 3. G o vern m en t C u rren t R eceipts and E xpenditures Table 3.1. Government Current Receipts and Expenditures [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 IV Taxes from the rest of the w orld.................................................................................................................. Contributions for government social insurance............................................................................................. Income receipts on assets............................................................................................................................... Interest and miscellaneous receipts............................................................................................................ Dividends....................................................................................................................................................... Current transfer receipts........ From business (net).......... 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 to the rest of the world (net)................................................................ Interest payments............................................................................................................................................... 1 ? 3 4 <5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Subsidies.................... Less: Wage accruals less disbursements...................................................................................................... Net government saving Social insurance funds.......... ?4 25 26 27 28 Personal current ta xe s................................................................................................................................. Taxes on production and im ports................................................................................................................ 3,726.9 2,409.3 1,140.0 1,024.7 231.4 13.2 975.1 162.2 140.8 21.5 193.5 98.5 95.0 -13.2 4,998.8 2,411.5 2,164.9 2,112.3 2,096.8 15.5 52.7 362.0 218.0 144.0 60.3 0.0 -1,271.9 -249.8 -1,022.0 1,167.0 1,058.8 12.6 1,009.5 163.6 143.6 20.0 195.5 94.5 101.0 -13.6 5,283.4 2,490.8 2,332.4 2,274.0 2,257.8 16.2 58.4 401.2 59.0 0.0 -269.8 2010 2009 I II III 3,785.0 2,459.4 1,117.2 1,035.2 294.6 12.4 979.5 166.8 141.7 25.1 190.5 93.6 97.0 -11.3 5,081.5 2,434.0 2,215.0 2,168.2 2,152.5 15.7 46.8 374.1 237.8 136.3 58.4 0.0 -1,296.4 -284.5 -1,012.0 3,904.0 2,572.4 1,134.7 1,045.9 379.2 12.6 992.9 159.3 141.4 18.0 191.4 93.0 98.5 -12.1 5,189.6 2,464.7 2,287.2 2,224.6 2,208.9 15.8 62.5 380.3 242.8 137.5 57.4 0.0 -1,285.7 -274.9 -1,010.8 3,947.8 2,597.8 1,149.1 1,054.6 381.3 12.8 1,007.1 162.2 142.9 19.2 193.9 93.8 100.1 -13.1 5,268.6 2,485.2 2,319.0 2,265.2 2,249.1 16.1 53.8 405.9 264.8 141.1 58.5 0.0 -1,320.8 -267.2 -1,053.6 4,019.9 2,655.4 1,177.7 1,060.8 404.8 12.1 1,015.0 165.6 144.2 21.4 198.0 96.2 101.8 -14.2 5,316.4 2,502.9 2,352.9 2,295.7 2,279.2 16.5 57.1 402.1 260.1 142.0 58.6 0.0 -1,296.5 -272.5 -1,024.1 3,805.8 3,785.0 20.8 5,393.6 5,081.5 500.5 125.2 13.1 326.8 -1,587.8 3,930.2 3,904.0 26.2 5,471.6 5,189.6 491.0 106.9 13.7 329.6 -1,541.4 3,971.5 3,947.8 23.7 5,591.9 5,268.6 505.6 137.3 13.4 333.0 -1,620.5 4,039.9 4,019.9 20.1 5,577.3 5,316.4 519.3 61.7 16.3 336.4 -1,537.3 IV 1,206.4 1,074.0 12.7 1,023.0 167.2 146.0 21.2 198.8 95.2 103.6 -14.9 5,358.8 2,510.5 2,370.6 2,310.5 2,294.2 16.3 60.1 416.4 61.4 0.0 -264.5 Addenda: Capital transfer receipts........................................................................................................................... Total expenditures........... Current expenditures.... Gross government investment Capital transfer paym ents........................................................................................................................ Net purchases of nonproduced assets.................................................................................................. Less: Consumption of fixed capital........................................................................................................ 30 31 32 33 34 35 36 3/ 38 m 3,752.2 3,726.9 25.3 5,344.9 4,998.8 503.4 161.8 6.3 325.3 -1,592.7 19.5 5,564.3 5,283.4 511.5 89.7 14.6 334.8 8.0 5,616.6 5,358.8 530.2 53.0 14.8 340.3 February 2011 Survey D-25 C u r r e n t B u s in e s s of Table 3.2. Federal Government Current Receipts and Expenditures Table 3.3. State and Local Government Current Receipts and Expenditures [Billions of dollars] [Billions of dollars] Seasonally adjusted at annual rates Line Current receipts.......... Current tax receipts.............. Personal current taxes...... Taxes on production and im ports.......................... Excise ta xe s.................. Customs duties............. Taxes on corporate Federal Reserve banks Taxes from the rest of the world............................... Contributions for government social insurance................. Income receipts on assets.... Interest receipts................ Dividends........................... Rents and royalties........... Current transfer receipts...... From business................... From persons.................... Current surplus of government enterprises.... Current expenditures Consumption expenditures... Current transfer payments .... Government social benefits.......................... To persons..................... To the rest of the world Other current transfer payments....................... Grants-in-aid to state and local governments............. To the rest of the world (net)............................ Interest payments.................. To persons and business To the rest of the w orld.... Subsidies................................ Less: Wage accruals less disbursements................... Net federal government saving Social insurance fu n d s......... O th e r...................................... Addenda: Total receipts................... Capital transfer receipts Total expenditures.......... Current expenditures.... Gross government investment................ Capital transfer payments................... Net purchases of nonproduced assets Less: Consumption of fixed capital.............. Net lending or net borrowing ( - ) ............... 2009 2010 2009 Seasonally adjusted at annual rates 2010 Line IV I II III 875.1 2,231.7 1,166.2 823.4 2,322.8 1,253.6 843.2 2,364.7 1,281.1 868.5 2,416.4 1,320.7 885.9 902.6 4 5 6 94.4 71.4 23.1 106.8 78.3 28.5 97.1 74.0 23.1 100.6 75.0 25.6 106.6 79.1 27.5 108.9 79.2 29.7 110.9 79.8 31.2 7 R q 182.1 47.4 134.6 233.2 77.5 155.8 297.1 88.9 208.3 293.2 69.6 223.6 313.7 82.4 231.3 10 13.2 12.6 12.4 12.6 12.8 12.1 12.7 11 12 13 14 15 16 17 18 953.5 46.2 22.7 18.7 4.8 67.9 48.1 19.8 987.1 45.5 25.9 17.0 2.6 59.7 39.7 20.0 957.4 50.0 24.2 22.3 3.4 61.8 42.0 19.7 970.6 41.8 24.4 14.9 2.5 60.2 40.3 19.9 984.7 44.0 25.3 16.3 2.5 59.1 39.1 20.0 992.5 47.6 26.3 18.6 2.7 60.5 40.5 20.0 1,000.4 48.5 27.4 18.2 2.9 58.9 38.8 20.1 19 20 21 22 -4.2 3,457.5 987.1 2,157.4 -4.5 3,719.4 1,043.3 2,329.2 -3.6 3,542.0 1,001.8 2,216.7 -3.4 3,637.1 1,017.3 2,292.3 -4.2 3,701.2 1,038.5 2,311.4 -4.9 3,760.7 1,061.6 2,352.3 -5.6 3,778.8 1,055.8 2,360.7 23 24 25 1,620.2 1,604.7 15.5 1,740.9 1,724.7 16.2 1,668.8 1,653.1 15.7 1,715.2 1,699.5 15.8 1,732.6 1,716.5 16.1 1,755.9 1,739.4 16.5 1,759.8 1,743.5 16.3 26 537.3 588.3 547.9 577.1 578.8 596.4 601.0 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...................................... Current expenditures............. Consumption expenditures............... Government social benefit payments to persons........................................ Interest paym ents............................... Subsidies... Less: Wage accruals less disbursements................................ Net state and local government saving............. Social insurance funds....................... Addenda: 27 484.6 529.9 501.1 514.6 525.0 539.3 540.9 28 29 in 11 32 52.7 254.0 110.0 144.0 58.9 58.4 289.6 62.5 271.6 134.1 137.5 55.8 53.8 294.9 153.8 141.1 56.4 57.1 289.8 147.8 142.0 57.0 60.1 301.9 57.4 46.8 266.4 130.0 136.3 57.2 33 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -1,310.3 -1,314.2 -1,336.5 -1,344.3 -272.4 -287.3 -277.6 -269.8 -275.0 -1,023.0 -1,036.7 -1,066.7 -1,069.2 -267.1 2,226.5 2,205.8 20.7 3,703.1 3,457.5 42 60.4 15.5 3,913.3 3,719.4 2,248.3 2,231.7 16.6 3,770.2 3,542.0 2,345.1 2,322.8 22.2 3,828.7 3,637.1 2,384.2 2,364.7 19.6 3,936.3 3,701.2 2,432.2 2,416.4 15.8 3,935.6 3,760.7 4.2 3,952.5 3,778.8 152.4 171.1 158.1 160.8 168.2 172.3 182.9 43 224.6 152.2 196.4 158.3 196.4 130.9 123.0 44 -7.0 0.3 -0.4 -0.1 -0.7 1.9 0.1 4b 124.3 129.7 125.9 127.3 128.8 130.2 132.3 46 -1,476.6 -1,521.9 -1,483.6 -1,552.1 -1,503.4 2009 IV 2,205.8 1,142.4 852.7 17 18 39 40 41 2010 IV 1 ? 3 34 -1,251.7 -252.4 3b 16 -999.3 2009 Personal current taxes................... Income ta xe s.............................. Other............................................ Taxes on production and imports Sales taxes................................. Property taxes........................... Other............................................ Capital transfer receipts............ Total expenditures....................... Current expenditures................ Gross government investment Capital transfer payments......... Net purchases of nonproduced assets..................................... Less: Consumption of fixed capital..................................... Net lending or net borrowing (-) 1 2,005.8 ? 1,267.0 3 287.3 4 259.1 5 28.2 6 930.3 7 421.1 8 425.2 9 84.0 m 49.4 11 12 13 14 15 16 17 18 19 21.6 116.0 98.8 2.7 14.5 610.2 484.6 50.4 75.2 291.9 262.8 29.1 952.1 430.7 436.3 85.1 22.4 118.1 98.8 3.0 16.3 665.8 529.9 54.9 81.0 2010 I II IV III 2,054.4 2,095.7 2,108.1 2,142.7 1,293.2 1,318.8 1,316.7 1,334.8 293.8 280.6 291.8 291.5 265.0 251.3 262.5 262.9 28.9 29.4 28.9 29.0 938.0 948.1 945.3 951.8 420.8 424.4 426.4 432.0 428.9 431.8 434.8 437.8 88.4 89.0 86.9 82.0 61.3 82.0 88.1 91.1 22.1 116.9 99.0 2.9 15.0 629.9 501.1 51.6 77.2 22.3 117.5 99.0 3.0 15.5 645.8 514.6 52.7 78.6 22.4 118.1 99.2 2.9 16.0 659.8 525.0 54.7 80.1 22.5 118.0 98.6 2.9 16.6 676.8 539.3 55.7 81.8 303.8 274.6 29.1 963.1 440.0 440.7 82.4 22.5 118.7 98.5 3.0 17.2 680.8 540.9 56.3 83.6 -8.7 -8.9 -9.2 -9.4 20 -9.0 -9.1 -7.7 21 2,025.9 2,093.9 2,040.6 2,067.2 2,092.4 2,095.0 2,120.9 22 1,424.4 1,447.5 1,432.2 1,447.4 1,446.7 1,441.3 1,454.7 23 24 25 492.1 108.0 1.4 533.1 111.6 1.6 499.4 107.7 1.2 509.4 108.7 1.6 532.6 111.0 2.1 539.8 112.3 1.6 550.7 114.5 0.9 26 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27 28 ?9 -20.1 2.6 -22.7 2.6 13.9 2.8 11.1 28.6 2.7 25.9 15.8 2.6 13.1 47.7 2.6 45.2 2.6 2,073.1 2,129.8 2,054.4 2,005.8 67.4 66.4 75.3 2,189.3 2,243.4 2,195.7 2,025.9 2,093.9 2,040.6 342.4 351.0 340.5 0.0 0.0 0.0 2,151.1 2,095.7 55.4 2,208.8 2,067.2 330.2 0.0 2,171.3 2,108.1 63.2 2,239.7 2,092.4 337.4 0.0 in 11 32 33 34 35 36 2,216.2 2,142.7 73.7 73.5 2,250.2 2,274.9 2,095.0 2,120.9 347.3 346.9 0.0 0.0 3/ 13.4 14.3 13.5 13.8 14.1 14.4 14.7 38 39 200.9 -116.1 205.2 200.8 -65.9 202.3 -57.7 204.2 -68.4 206.1 -34.0 208.0 D-26 National Data Table 3.9.1. Percent Change From Preceding Period in Real Government Consumption Expenditures and Gross Investment February 2011 Table 3.9.2. Contributions to Percent Change in Real Government Consumption Expenditures and Gross Investment [Percent] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Government consumption expenditures and gross investm ent.......................... Consumption expenditures ' Gross investm ent2.............. Structures......................... Equipment and software Federal............................................... Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software...... National defense......................... Consumption expenditures...... Gross investment...................... Structures.............................. Equipment and software..... Nondefense.................................. Consumption expenditures...... Gross investment...................... Structures.............................. Equipment and software...... State and local................................. Consumption expenditures.......... Gross investment.......................... Structures.................................. Equipment and software.......... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 1b 19 20 21 22 23 24 25 1.6 1.9 0.2 0.1 0.4 5.7 5.8 5.3 23.2 2.0 5.4 5.3 6.0 40.1 1.7 6.5 6.9 3.9 6.2 3.1 -0.9 -0.7 -1.9 -1.7 -2.6 1.1 0.9 1.7 -1.4 7.1 4.8 3.7 11.9 24.3 9.1 3.9 2.9 10.6 20.5 8.8 6.6 5.5 15.2 29.5 10.0 -1.3 -1.0 -2.7 -3.9 2.9 -1.4 -0.5 -5.5 -11.2 5.1 0.0 -0.8 5.3 10.3 4.1 -2.5 -3.6 4.5 11.3 3.3 5.6 5.4 7.2 8.9 6.5 -2.3 -0.4 -9.9 -13.3 7.1 Seasonally adjusted at annual rates 2010 I -1.6 -0.2 -8.2 -14.5 2.7 1.8 1.1 6.3 18.2 3.6 0.4 0.3 0.7 3.5 0.2 5.0 2.9 20.8 42.3 13.5 -3.8 -1.1 -14.4 -17.6 1.0 Line II III IV 3.9 2.5 11.3 9.0 14.9 9.1 7.6 19.4 17.0 20.0 7.4 5.4 20.4 0.5 24.5 12.8 12.2 17.2 42.0 8.3 0.6 -0.9 7.5 8.1 4.9 3.9 2.7 10.2 13.2 5.7 8.8 8.6 10.1 17.6 8.3 8.5 8.8 6.3 19.0 4.1 9.5 8.1 19.4 16.0 20.8 0.7 -1.4 10.2 12.6 0.4 -0.6 -2.1 7.1 2.2 15.1 -0.2 -3.8 24.7 39.9 21.1 -2.0 -6.4 27.9 31.1 27.3 3.7 1.7 17.7 51.2 5.3 -0.9 -0.8 -0.9 -1.8 3.1 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. Percent change at annual rate: Government consumption expenditures and gross investment........................... Percentage points at annual rates: Consumption expenditures 1 Gross investm ent2.............. Structures......................... Equipment and software Federal............................................... Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software..... National defense......................... Consumption expenditures...... Gross investment...................... Structures............................. Equipment and software..... Nondefense.................................. Consumption expenditures..... Gross investment...................... Structures............................. Equipment and software...... State and lo c a l................................. Consumption expenditures.......... Gross investment.......................... Structures.................................. Equipment and software.... 2009 2010 2009 2010 IV I II IV III 1 1.6 1.1 -1.4 -1.6 3.9 3.9 -0.6 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 1.56 0.04 0.01 0.03 2.15 1.89 0.27 0.18 0.09 1.37 1.16 0.21 0.16 0.05 0.78 0.72 0.06 0.02 0.03 -0.56 -0.33 -0.23 -0.17 -0.06 0.78 0.30 -0.15 0.45 1.87 1.25 0.62 0.23 0.39 1.05 0.66 0.39 0.11 0.28 0.83 0.59 0.23 0.12 0.11 -0.79 -0.47 -0.32 -0.38 0.06 -0.45 -0.95 -1.27 0.33 0.00 -0.28 0.28 0.10 0.18 -0.67 -0.84 0.17 0.07 0.11 0.67 0.56 0.11 0.04 0.07 -1.40 -0.17 -1.23 -1.38 0.15 -0.14 -1.44 -1.61 0.18 0.73 0.40 0.33 0.18 0.15 0.10 0.07 0.03 0.02 0.01 0.63 0.33 0.30 0.16 0.15 -2.31 -0.54 -1.77 -1.79 0.02 2.13 1.82 0.90 0.92 3.56 2.56 1.00 0.17 0.82 1.96 1.23 0.73 0.00 0.73 1.60 1.33 0.27 0.17 0.10 0.39 -0.44 0.83 0.72 0.10 2.23 1.68 1.30 0.38 3.48 2.92 0.56 0.19 0.37 2.26 2.01 0.25 0.11 0.14 1.22 0.91 0.31 0.08 0.23 0.43 -0.69 1.12 1.12 0.01 -1.76 1.18 0.23 0.95 -0.06 -1.35 1.29 0.40 0.89 -0.55 -1.55 1.00 0.18 0.83 0.49 0.20 0.29 0.23 0.06 -0.51 -0.41 -0.11 -0.17 0.06 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. Table 3.9.3. Real Government Consumption Expenditures and Gross Investment, Quantity Indexes Table 3.9.4. Price Indexes for Government Consumption Expenditures and Gross Investment [Index numbers, 2005=100] [Index numbers, 2005=100] Seasonally adjusted Line 2009 2010 2009 IV Government consumption expenditures and gross investm ent.......................... Consumption expenditures 1 Gross investm ent2.............. Structures......................... Equipment and software Federal............................................... Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software..... National defense......................... Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software...... Nondefense.................................. Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software...... State and local................................. Consumption expenditures.......... Gross investment.......................... Structures.................................. Equipment and software.......... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 107.287 106.797 109.766 100.859 126.759 117.266 115.204 132.056 149.869 128.620 117.648 114.933 137.252 180.681 131.719 116.467 115.768 121.237 122.304 121.014 101.688 101.655 101.854 97.665 123.117 108.449 107.807 111.685 99.430 135.718 122.906 119.493 147.786 186.317 140.377 122.289 118.248 151.747 217.672 143.360 124.194 122.089 139.622 158.342 133.081 100.361 100.668 99.115 93.846 126.687 107.613 107.140 109.989 100.014 129.243 119.091 116.599 137.061 166.170 131.451 119.477 116.251 142.838 207.231 134.652 118.283 117.321 125.021 129.417 123.580 101.179 101.354 100.474 95.736 124.943 Seasonally adjusted 2010 I 107.185 107.093 107.652 96.172 130.112 119.634 116.932 139.168 173.275 132.607 119.582 116.337 143.089 209.013 134.711 119.738 118.171 131.075 141.343 127.549 100.213 101.076 96.642 91.207 125.262 II 108.228 107.764 110.565 98.270 134.697 122.276 119.086 145.476 180.206 138.792 121.732 117.866 149.875 209.254 142.306 123.410 121.627 136.377 154.301 130.127 100.367 100.847 98.399 92.999 126.760 Line III 109.270 108.474 113.283 101.360 136.582 124.882 121.564 149.023 187.679 141.592 124.233 120.389 152.189 218.552 143.747 126.236 124.012 142.555 160.143 136.433 100.541 100.480 100.828 95.810 126.880 2010 IV 109.113 107.898 115.239 101.916 141.481 124.833 120.390 157.476 204.110 148.519 123.610 118.400 161.834 233.869 152.674 127.393 124.545 148.480 177.580 138.215 100.323 100.267 100.591 95.370 127.848 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2009 Government consumption expenditures and gross investment........................... Consumption expenditures 1 Gross investm ent2.............. Structures......................... Equipment and software Federal............................................... Consumption expenditures...... Gross investment...................... Structures............................. Equipment and software..... National defense......................... Consumption expenditures...... Gross investment...................... Structures.............................. Equipment and software..... Nondefense.................................. Consumption expenditures...... Gross investment...................... Structures............................. Equipment and software...... State and lo c a l................................. Consumption expenditures.......... Gross investment.......................... Structures.................................. Equipment and software.... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 114.644 114.166 116.983 127.347 101.257 110.895 111.885 104.493 118.983 102.082 111.342 112.240 105.507 118.453 104.073 109.984 111.156 102.299 119.486 97.089 116.892 115.608 122.380 128.032 99.792 116.815 116.816 116.806 126.941 101.422 112.745 114.003 104.759 117.492 102.683 113.519 114.704 106.051 117.156 104.906 111.159 112.570 101.927 117.747 97.100 119.279 118.637 121.994 127.760 99.080 2009 2010 IV I II III IV 115.067 114.864 116.069 125.806 101.201 111.141 112.188 104.399 117.301 102.286 111.590 112.522 105.559 117.325 104.297 110.222 111.496 101.866 117.094 97.248 117.434 116.587 121.054 126.507 99.220 116.358 116.365 116.320 126.100 101.389 112.375 113.600 104.577 117.183 102.529 113.046 114.191 105.807 117.171 104.616 110.997 112.389 101.884 117.026 97.292 118.760 118.148 121.341 126.852 99.303 116.606 116.599 116.641 126.608 101.471 112.615 113.869 104.652 116.961 102.668 113.377 114.555 105.950 116.575 104.885 111.053 112.466 101.806 117.282 97.101 119.014 118.356 121.800 127.454 99.270 116.706 116.662 116.914 127.146 101.408 112.756 114.031 104.673 117.502 102.576 113.529 114.746 105.890 116.961 104.750 111.170 112.570 102.006 118.012 97.118 119.083 118.345 122.215 127.989 99.267 117.589 117.640 117.347 127.910 101.419 113.234 114.511 105.136 118.323 102.962 114.124 115.325 106.559 117.917 105.375 111.415 112.855 102.014 118.670 96.890 120.258 119.699 122.622 128.743 98.481 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. February 2011 S urvey of D-27 C u r r e n t B u s in e s s Table 3.9.5. Government Consumption Expenditures and Gross Investment Table 3.10.1. Percent Change From Preceding Period in Real Government Consumption Expenditures and General Government Gross Output [Billions of dollars] [Percent] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Government consumption expenditures and gross investm ent.......................... Consumption expenditures 1 Gross investm ent2.............. Structures......................... Equipment and software Federal............................................... Consumption expenditures...... Gross investment...................... Structures.............................. Equipment and software..... National defense......................... Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software..... Nondefense.................................. Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software..... State and local................................. Consumption expenditures.......... Gross investment.......................... Structures.................................. Equipment and software.......... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 2,914.9 2,411.5 503.4 316.6 186.8 1,139.6 987.1 152.4 28.0 124.4 771.6 664.1 107.5 15.9 91.5 368.0 323.0 45.0 12.1 32.9 1,775.3 1,424.4 351.0 288.5 62.4 3,002.3 2,490.8 511.5 311.2 200.3 1,214.4 1,043.3 171.1 34.5 136.6 817.8 698.3 119.5 19.0 100.4 396.6 345.0 51.6 15.4 36.2 1,788.0 1,447.5 340.5 276.7 63.8 I 2,934.5 2,434.0 500.5 310.2 190.4 1,159.9 1,001.8 158.1 30.7 127.4 785.4 673.5 111.9 18.1 93.8 374.5 328.3 46.2 12.5 33.6 1,774.7 1,432.2 342.4 279.5 63.0 Seasonally adjusted at annual rates 2010 2,955.7 2,464.7 491.0 299.0 192.0 1,178.1 1,017.3 160.8 32.0 128.8 796.3 684.0 112.4 18.3 94.1 381.8 333.3 48.4 13.7 34.7 1,777.6 1,447.4 330.2 267.0 63.2 II Line 3,022.2 2,502.9 519.3 317.7 201.6 1,233.9 1,061.6 172.3 34.7 137.6 830.8 711.2 119.6 19.1 100.5 403.1 350.4 52.7 15.6 37.1 1,788.2 1,441.3 346.9 283.0 64.0 3,040.7 2,510.5 530.2 321.4 208.8 1,238.7 1,055.8 182.9 38.0 144.9 831.0 703.0 128.0 20.6 107.4 407.7 352.8 54.9 17.4 37.5 1,802.0 1,454.7 347.3 283.3 64.0 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. Table 3.9.6. Real Government Consumption Expenditures and Gross Investment, Chained Dollars [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Government consumption expenditures and gross investm ent.......................... Consumption expenditures 1 Gross investm ent2.............. Structures......................... Equipment and software Federal............................................... Consumption expenditures...... Gross investment...................... Structures.............................. Equipment and software..... National defense......................... Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software...... Nondefense.................................. Consumption expenditures..... Gross investment...................... Structures.............................. Equipment and software...... State and local................................. Consumption expenditures.......... Gross investment.......................... Structures.................................. Equipment and software.......... Residual............................................. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 2,542.6 2,112.3 430.3 248.6 184.5 1,027.6 882.3 145.9 23.6 121.9 693.0 591.7 101.9 13.5 87.9 334.6 290.6 44.0 10.1 33.9 1,518.8 1,232.1 286.8 225.4 62.5 -5.1 2,570.1 2,132.3 437.8 245.1 197.5 1,077.0 915.1 163.2 29.3 133.0 720.3 608.8 112.6 16.2 95.7 356.8 306.4 50.6 13.1 37.2 1,499.0 1,220.1 279.1 216.6 64.4 -8.4 2,550.3 2,119.1 431.2 246.5 188.1 1,043.6 893.0 151.4 26.1 124.5 703.8 598.5 106.0 15.4 89.9 339.8 294.5 45.3 10.7 34.6 1,511.2 1,228.4 282.9 220.9 63.5 -6.1 2010 I 2,540.2 2,118.1 422.0 237.0 189.4 1,048.4 895.5 153.7 27.2 125.6 704.4 598.9 106.2 15.6 89.9 344.0 296.6 47.5 11.7 35.7 1,496.8 1,225.1 272.1 210.5 63.6 -7.4 II 2,564.9 2,131.4 433.4 242.2 196.0 1,071.5 912.0 160.7 28.3 131.5 717.1 606.8 111.2 15.6 95.0 354.5 305.3 49.4 12.8 36.4 1,499.1 1,222.3 277.0 214.6 64.4 -8.3 III 2,589.6 2,145.5 444.1 249.8 198.8 1,094.3 931.0 164.6 29.5 134.1 731.8 619.8 112.9 16.3 96.0 362.6 311.3 51.7 13.2 38.2 1,501.7 1,217.9 283.9 221.1 64.4 -8.6 IV 2,585.8 2,134.1 451.8 251.2 205.9 1,093.9 922.0 174.0 32.1 140.7 728.1 609.6 120.1 17.4 101.9 365.9 312.6 53.8 14.7 38.7 1,498.4 1,215.3 283.2 220.1 64.9 -9.4 1. Government consumption expenditures are services (such as education and national defense) produced by govern ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. N ote . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. 2010 IV III 2,990.8 2,485.2 505.6 306.7 198.9 1,206.7 1,038.5 168.2 33.2 135.0 813.0 695.2 117.9 18.2 99.7 393.7 343.3 50.3 15.0 35.4 1,784.1 1,446.7 337.4 273.5 63.9 2009 2009 IV Government consumption expenditures 1 .................................. Gross output of general government Value added.................................... Compensation of general government employees........ Consumption of general government fixed c a p ita l2.... Intermediate goods and services purchased 3................................ Durable goods........................... Nondurable goods..................... Services...................................... Less: Own-account investm ent4..... Sales to other sectors........... Federal consumption expenditures 1 ........... Gross output of general government.... Value added........................................ Compensation of general government employees............ Consumption of general government fixed ca p ita l2........ Intermediate goods and services purchased 3.................................... Durable goods................................ Nondurable goods......................... Services........................................... Less: Own-account investm ent4.......... Sales to other sectors............... Defense consumption expenditures 1 Gross output of general government.... Value added........................................ Compensation of general government employees............ Consumption of general government fixed ca p ita l2........ Intermediate goods and services purchased 3.................................... Durable goods................................ Nondurable goods......................... Services........................................... Less: Own-account investm ent4.......... Sales to other sectors............... Nondefense consumption expenditures 1....................................... Gross output of general government.... Value added......................................... Compensation of general government employees............ Consumption of general government fixed ca p ita l2........ Intermediate goods and services purchased 3.................................... Durable goods................................ Nondurable goods......................... Commodity Credit Corporation inventory change................... Other nondurable goods........... Services........................................... Less: Own-account investm ent4.......... Sales to other sectors............... State and local consumption expenditures 1 Gross output of general government.... Value added........................................ Compensation of general government employees............ Consumption of general government fixed ca p ita l2........ Intermediate goods and services purchased 3.................................... Durable goods................................ Nondurable goods......................... Services........................................... Less: Own-account investm ent4.......... Sales to other sectors............... Tuition and related educational charges......... Health and hospital charges Other sales............................ 1 2 3 2010 1 II III IV 2.5 2.8 1.7 2.7 2.8 -1.4 -2.1 -1.8 0.1 1.9 2.0 1.6 0.9 1.2 0.6 -0.5 -0.2 0.7 -0.2 0.1 0.5 4 1.2 0.1 0.3 0.1 1.4 -2.2 -0.6 5 3.5 3.1 2.9 2.7 3.2 3.6 4.1 6 7 8 9 10 11 12 13 14 2.7 4.0 2.1 2.9 0.4 3.1 5.8 5.8 5.8 2.2 3.6 0.4 2.6 -3.5 2.9 3.7 3.8 3.6 -1.7 -11.2 -5.4 0.7 -13.1 3.0 -0.8 -0.8 2.8 -0.7 -7.9 -0.3 -0.1 -12.4 2.5 1.1 1.3 3.9 4.7 8.4 3.6 4.7 5.8 4.2 7.6 8.0 6.0 9.8 12.7 6.7 10.7 13.6 2.9 8.6 8.8 -0.9 -4.9 21.9 -1.2 -8.5 0.1 -0.3 -3.8 -4.6 1.6 15 6.1 3.4 2.5 3.9 6.4 -2.4 0.5 16 4.6 4.2 3.9 3.6 4.3 4.9 5.8 17 18 19 20 21 22 23 24 25 5.8 5.7 11.3 5.0 3.8 7.1 5.3 5.2 6.1 4.1 5.5 2.4 4.2 6.1 12.3 2.9 2.9 3.5 -4.9 -15.4 -21.8 -0.6 -3.0 2.2 -3.6 -3.6 3.9 -1.8 -11.5 0.4 -0.8 2.4 13.4 0.3 0.3 2.3 10.7 12.2 17.5 9.5 10.0 63.1 5.4 5.3 2.1 26 6.6 3.2 3.8 1.9 1.3 27 4.6 4.4 4.0 3.8 4.6 28 29 30 31 32 33 4.2 5.3 4.8 3.9 4.1 -3.7 2.3 5.0 -4.6 2.5 7.2 0.7 -11.5 -16.5 -54.0 -4.1 4.2 -8.5 -2.0 -13.2 -2.4 0.3 3.8 5.6 9.3 12.0 14.7 8.3 4.3 -3.0 17.3 -16.0 17.7 36.7 19.1 -16.7 17.1 -23.5 13.2 18.9 4.7 4.8 34 35 36 6.9 7.0 5.2 5.5 5.7 3.7 5.4 5.3 0.7 2.9 3.2 6.8 12.2 13.7 13.7 8.1 8.6 -6.1 1.7 -1.2 -0.9 37 5.3 3.8 0.2 7.6 15.7 -7.8 -2.0 38 4.4 3.5 3.3 2.9 3.3 3.9 4.6 39 40 41 9.6 11.1 8.4 12.3 11.8 1.5 -1.6 13.4 13.8 15.6 31.3 29.9 -1.5 -1.6 42 43 44 45 46 47 48 49 19.1 7.4 3.5 15.3 -0.7 0.1 -0.2 9.2 7.9 5.3 19.6 -1.0 -0.3 -0.8 5.2 7.3 -8.2 9.2 -0.4 0.1 -0.2 ii . o -3.0 1.3 18.1 -1.1 -0.6 -1.0 17.3 12.3 14.6 113.2 -0.9 -0.1 -0.3 40.0 28.1 26.5 27.7 -1.4 -0.5 -1.6 -1.3 -1.8 10.6 -78.6 -0.8 -0.2 -0.6 50 -0.7 -1.2 -0.5 -1.4 -0.7 -2.2 -1.1 51 2.6 2.3 2.2 2.1 2.3 2.5 2.8 52 53 54 55 56 57 0.6 0.9 0.0 1.0 -0.4 3.0 0.7 -0.2 -0.1 1.2 -5.7 2.7 0.8 -1.9 -0.8 1.8 -15.4 3.1 0.2 -0.5 -0.5 0.6 -15.7 2.3 0.4 1.2 0.5 0.3 4.8 2.9 1.6 1.7 1.0 1.9 11.3 2.4 0.6 0.6 0.7 0.5 -2.8 2.4 58 59 60 1.2 3.2 3.9 2.3 2.7 3.0 3.2 2.7 3.5 2.4 2.4 2.0 2.8 2.8 3.1 2.8 2.8 1.5 2.8 2.8 1.5 21.6 -11.5 18.6 33.3 32.5 -8.2 20.5 -16.9 23.1 11.7 20.0 -62.5 8.8 -6.4 8.9 -6.3 1.9 3.0 0.9 2.0 5.2 6.2 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 and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software in table 3.9.5. February 2011 National Data D-28 Table 3.10.3. Real Government Consumption Expenditures and General Government Gross Output, Quantity Indexes [Index numbers, 2005=100] Seasonally adjusted Line 2009 2010 IV 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................................................................................................... Sales to other sectors........................................................................................................ 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 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 ....................................................................................................... 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 cap ita l2............................................................... Intermediate goods and services purchased 3............................................................................ Durable goods...................................... ...................... Nondurable goods................................ ........................................ Commodity Credit Corporation inventory change............................................................... Other nondurable goods........................................................................................................ Services................................................ Less: Own-account investment4 ............... Sales to other sectors............................................................................................................. State and local 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 investm ent4 Sales to other sectors............................................................................................................. Tuition and related educational charges.......................................................................... Health and hospital charges............................................................................................. Other s ales.....................7................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 2010 2009 I II III IV 106.797 106.999 105.851 104.497 113.823 108.904 129.719 104.263 108.914 107.566 108.291 115.204 114.893 110.690 109.135 116.453 120.396 146.344 113.000 118.510 105.134 93.613 114.933 114.767 110.345 108.625 115.830 120.216 147.306 106.644 117.746 101.581 96.885 115.768 115.155 111.319 109.985 118.132 120.804 135.906 107.807 108.251 106.455 104.612 117.380 111.254 134.351 104.672 111.756 103.833 111.482 119.493 119.277 114.624 112.827 121.335 125.387 154.426 115.763 123.451 111.554 105.159 118.248 118.081 114.163 112.052 120.977 122.927 154.669 101.704 120.650 108.885 97.562 122.089 121.722 115.476 114.140 122.268 130.931 152.620 107.140 107.430 106.162 104.645 115.117 109.543 131.359 103.294 110.025 104.471 109.563 116.599 116.293 112.331 110.747 118.204 121.491 149.561 108.820 120.136 105.316 96.183 116.251 116.074 112.593 111.002 117.632 120.374 150.507 98.654 118.386 103.857 95.950 117.321 116.743 111.819 110.283 119.741 124.011 139.296 107.093 107.447 106.300 104.677 115.893 109.355 128.680 103.216 110.004 101.077 110.252 116.932 116.660 113.402 111.824 119.247 120.927 145.082 108.921 119.907 105.942 99.245 116.337 116.171 113.245 111.519 118.742 119.776 145.280 98.052 118.479 104.833 97.261 118.171 117.659 113.680 112.324 120.593 123.523 143.754 107.764 108.188 106.740 105.039 116.797 110.605 131.296 104.125 111.271 102.521 111.392 119.086 118.939 115.057 113.579 120.495 124.031 149.333 113.393 122.665 108.492 112.148 117.866 117.684 113.823 111.875 120.080 122.459 149.444 101.469 120.851 105.949 96.532 121.627 121.502 117.381 116.507 121.589 127.575 149.071 108.474 108.935 106.375 104.446 117.821 113.228 135.285 105.834 114.126 105.853 112.180 121.564 121.469 114.787 112.881 121.933 130.249 155.837 121.651 128.522 114.284 117.381 120.389 120.208 114.369 112.132 121.614 127.446 155.656 106.010 125.704 110.632 97.659 124.012 124.046 115.560 114.150 122.756 136.563 159.143 107.898 108.432 106.406 104.287 119.010 111.827 142.144 105.512 111.624 105.880 112.105 120.390 120.041 115.248 113.022 123.665 126.340 167.453 119.088 122.710 117.497 91.863 118.400 118.260 115.214 112.682 123.471 122.026 168.297 101.286 117.566 114.126 98.795 124.545 123.681 115.285 113.579 124.133 136.064 158.510 119.071 120.210 107.988 92.136 101.655 103.077 103.762 102.687 111.821 101.831 105.840 102.317 101.286 108.177 108.762 104.760 109.652 110.296 130.072 129.688 113.702 110.180 100.668 102.784 102.945 101.419 114.404 102.537 105.611 102.246 102.474 102.019 111.711 107.213 112.610 113.574 117.860 124.028 106.485 96.817 101.354 103.027 103.505 102.267 112.779 102.175 105.264 102.089 101.997 104.298 109.999 105.461 110.770 112.071 120.972 123.080 106.829 100.924 101.076 102.872 103.245 101.896 113.359 102.218 105.126 101.972 102.141 99.944 110.618 106.094 111.434 112.616 125.900 126.703 110.539 121.946 100.847 102.857 103.165 101.720 114.009 102.329 105.431 102.106 102.227 101.125 111.413 106.837 112.214 113.470 136.941 134.795 117.227 129.642 100.480 102.728 102.760 101.167 114.728 102.728 105.866 102.369 102.698 103.869 112.072 107.584 113.000 113.887 136.477 134.173 120.212 88.207 100.267 102.679 102.609 100.893 115.518 102.872 106.021 102.536 102.829 103.137 112.740 108.338 113.791 114.322 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software in table 3.9.5. February 2011 S urvey of D-29 C u r r e n t B u s in e s s Table 3.10.4. Price Indexes for Government Consumption Expenditures and General Government Gross Output [Index numbers, 2005=100] Seasonally adjusted Line 2009 2010 2009 IV 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................................................................................................... Sales to other sectors........................................................................................................ Federal consumption expenditures 1......................................................................................................... Gross output of general government................................................................................................. Value added...................................................................................................................................... Compensation of general government employees.................................................................. Consumption of general government fixed ca p ita l2.............................................................. Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods.... Services........................................................................................................................................ Less: Own-account investment4....................................................................................................... Sales to other sectors............................................................................................................ Defense consumption expenditures 1 Gross output of general government................................................................................................. Value added................. Compensation of general government employees.................................................................. Consumption of general government fixed cap ita l2............................................................... Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods.... Services........................................................................................................................................ Less: Own-account investment4....................................................................................................... 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 ca p ita l2.............................................................. Intermediate goods and services purchased 3............................................................................ Durable goods................................................ Nondurable goods......................................... Commodity Credit Corporation inventory change Other nondurable goods........................................................................................................ Services......................................................... Less: Own-account investment4........................ 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 ca p ita l2............................................................... Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods............... Services................................ Less: Own-account investment4 Sales to other sectors.... Tuition and related educational charges.......................................................................... Health and hospital charges............................................................................................. Other sales.......................................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 2010 I II III IV 114.166 114.577 115.761 115.971 114.617 112.668 104.368 110.168 114.231 113.798 117.339 111.885 111.868 113.596 115.446 107.180 109.738 103.126 109.129 110.696 112.407 109.878 112.240 112.245 114.539 116.620 108.333 109.596 104.108 108.848 110.471 113.007 112.930 111.156 111.107 111.879 113.511 104.141 110.051 91.976 116.816 117.335 117.774 118.362 114.606 116.626 104.510 121.624 115.998 116.087 120.833 114.003 113.992 115.162 117.394 107.440 112.509 103.289 116.579 113.203 114.573 112.513 114.704 114.707 116.467 119.013 108.884 112.624 104.271 123.184 112.951 115.746 114.753 112.570 112.560 112.777 114.711 103.632 112.249 92.194 114.864 115.376 116.086 116.465 114.026 114.230 104.470 115.704 114.568 114.588 118.792 112.188 112.185 113.332 115.157 107.006 110.731 103.238 113.946 111.291 112.968 111.319 112.522 112.529 114.114 116.070 108.275 110.648 104.190 117.608 110.941 113.774 113.057 111.496 111.486 111.909 113.650 103.660 110.900 92.457 116.365 116.790 117.185 117.720 114.297 116.154 104.508 121.466 115.367 115.447 119.694 113.600 113.588 115.099 117.357 107.287 111.697 103.372 115.288 112.327 114.090 111.918 114.191 114.190 116.277 118.835 108.656 111.740 104.332 119.932 112.103 114.943 113.773 112.389 112.374 112.944 114.904 103.678 111.590 92.492 116.599 117.124 117.638 118.206 114.570 116.297 104.613 120.481 115.903 115.931 120.660 113.869 113.859 115.007 117.193 107.446 112.403 103.412 116.194 113.102 114.505 112.339 114.555 114.560 116.312 118.794 108.915 112.488 104.405 122.540 112.807 115.938 114.758 112.466 112.452 112.625 114.539 103.574 112.205 92.186 116.662 117.259 117.927 118.529 114.680 116.188 104.599 119.319 116.145 116.143 121.252 114.031 114.022 115.147 117.387 107.400 112.594 103.462 116.069 113.359 114.582 112.689 114.746 114.749 116.446 119.014 108.796 112.738 104.456 122.658 113.108 115.605 115.045 112.570 112.564 112.774 114.688 103.722 112.271 92.229 117.640 118.167 118.347 118.992 114.876 117.864 104.321 125.232 116.578 116.826 121.728 114.511 114.502 115.394 117.641 107.625 113.342 102.912 118.766 114.024 115.115 113.106 115.325 115.329 116.834 119.407 109.168 113.529 103.889 127.604 113.786 116.500 115.438 112.855 112.852 112.764 114.713 103.553 112.928 91.871 108.247 111.208 111.925 107.579 115.608 115.985 116.733 116.191 120.830 114.456 106.608 110.366 117.287 114.105 109.226 113.780 113.656 110.665 118.637 119.105 118.956 118.764 120.590 119.322 106.718 122.787 118.324 116.422 109.100 112.077 112.337 109.737 116.587 117.058 117.334 117.009 119.885 116.457 106.690 116.062 117.372 114.949 109.588 112.842 113.422 110.268 118.148 118.477 118.111 117.861 120.146 119.115 106.535 122.903 117.938 115.741 119.891 132.063 116.302 117.206 109.027 113.771 113.390 110.406 118.356 118.847 118.828 118.628 120.517 118.817 106.770 121.446 118.237 116.244 108.707 113.933 113.776 110.779 118.345 118.966 119.191 119.008 120.763 118.466 106.621 120.013 118.463 116.491 109.583 114.573 114.037 111.208 119.699 120.129 119.695 119.561 120.934 120.888 106.947 126.784 118.659 117.214 120.873 121.472 121.950 134.185 117.086 117.769 135.434 117.676 135.671 118.068 118.728 57 117.532 121.046 118.981 58 59 60 127.700 114.002 115.991 134.338 117.283 117.922 130.434 115.556 116.507 117.987 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software in table 3.9.5. D-30 February 2011 National Data Table 3.10.5. Government Consumption Expenditures and General Government Gross Output [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 IV 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................................................................................................... Sales to other sectors........................................................................................................ 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 ....................................................................................................... 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 ca p ita l2............................................................... Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods........................................................................................................................ Services........................................................................................................................................ Less: Own-account investment4 ....................................................................................................... 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 ....................................................................................................... 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 capital 2............................................................... Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods........................................................................................................................ Services........................................................................................................................................ Less: Own-account investment4....................................................................................................... Sales to other sectors............................................................................................................. Tuition and related educational charges.......................................................................... Health and hospital charges............................................................................................. Other sales.......................................................................................................................... 1 2 3 4 b 6 1 8 9 10 11 12 13 14 15 16 1/ 18 19 20 21 22 23 24 2b 26 2/ 28 29 30 31 32 33 34 35 36 37 38 3y 40 41 42 43 44 45 46 47 48 49 50 61 62 53 54 55 56 57 58 59 60 2,411.5 2,819.0 1,760.2 1,487.9 272.3 1,058.8 73.9 249.9 735.0 29.1 378.4 987.1 1,002.0 551.7 434.0 117.7 450.3 48.8 50.1 351.4 5.5 9.4 664.1 670.1 359.4 273.3 86.2 310.7 45.3 24.2 241.1 2.4 3.6 323.0 331.9 192.2 160.7 31.5 139.6 3.5 25.8 -0.3 26.1 110.3 3.1 5.7 1,424.4 1,817.0 1,208.5 1,053.9 154.6 608.5 25.1 199.8 383.6 23.6 369.0 81.8 165.4 121.8 2,490.8 2,920.6 1,801.0 1,520.2 280.8 1,119.6 76.7 277.0 765.9 28.7 401.1 1,043.3 1,060.0 579.2 456.3 122.9 480.8 51.6 54.8 374.4 5.9 10.8 698.3 704.6 378.2 287.7 90.5 326.4 47.7 26.2 252.6 2.6 3.7 345.0 355.4 201.0 168.6 32.5 154.4 3.9 28.7 -0.1 28.8 121.8 3.3 7.1 1,447.5 1,860.6 1,221.8 1,064.0 157.8 638.8 25.1 222.2 391.5 22.7 390.4 88.1 174.7 127.5 2010 2009 2,434.0 2,850.0 1,770.3 1,496.4 274.0 1,079.7 74.9 260.0 744.7 28.5 387.5 1,001.8 1,017.0 558.6 439.3 119.3 458.5 49.9 50.4 358.2 5.5 9.7 673.5 679.5 365.4 278.0 87.5 314.0 46.3 24.2 243.5 2.4 3.6 328.3 337.6 193.1 161.4 31.8 144.4 3.6 26.1 0.1 26.1 114.7 3.1 6.2 1,432.2 1,833.0 1,211.7 1,057.1 154.7 621.3 25.0 209.7 386.6 23.0 377.8 84.1 169.3 124.3 I 2,464.7 2,885.4 1,789.4 1,512.9 276.5 1,096.0 73.4 272.8 749.8 27.8 392.9 1,017.3 1,033.0 572.7 452.1 120.6 460.3 48.5 51.0 360.8 5.6 10.1 684.0 690.1 374.5 285.9 88.6 315.6 44.8 24.6 246.2 2.5 3.7 333.3 342.9 198.2 166.2 32.0 144.8 3.7 26.5 -0.4 26.9 114.6 3.1 6.4 1,447.4 1,852.4 1,216.7 1,060.9 155.8 635.7 24.9 221.8 389.0 22.1 382.8 85.7 171.5 125.7 II 2,485.2 2,913.6 1,803.7 1,524.5 279.3 1,109.9 75.0 272.9 762.0 28.3 400.2 1,038.5 1,055.7 580.6 458.5 122.1 475.1 49.9 53.5 371.7 5.8 11.5 695.2 701.3 376.6 286.7 89.8 324.8 46.1 26.0 252.7 2.5 3.7 343.3 354.4 204.0 171.8 32.3 150.3 3.8 27.6 -0.3 27.8 118.9 3.2 7.8 1,446.7 1,857.9 1,223.1 1,065.9 157.2 634.8 25.1 219.4 390.3 22.5 388.7 87.7 173.8 127.2 III 2,502.9 2,937.2 1,802.0 1,520.0 282.0 1,135.2 77.3 274.8 783.1 29.2 405.0 1,061.6 1,079.7 579.9 456.4 123.5 499.8 52.1 57.4 390.3 6.1 12.0 711.2 717.6 378.8 287.9 90.9 338.8 48.0 27.1 263.6 2.6 3.7 350.4 362.2 201.1 168.5 32.6 161.0 4.1 30.2 0.0 30.2 126.7 3.5 8.3 1,441.3 1,857.4 1,222.1 1,063.5 158.5 635.4 25.1 217.4 392.9 23.2 393.0 89.1 175.9 127.9 IV 2,510.5 2,946.2 1,808.9 1,523.6 285.3 1,137.3 81.0 287.5 768.8 29.4 406.3 1,055.8 1,071.5 583.5 458.0 125.5 488.0 55.7 57.5 374.8 6.3 9.4 703.0 709.5 382.9 290.3 92.6 326.6 51.7 27.0 248.0 2.7 3.8 352.8 362.0 200.7 167.7 32.9 161.4 4.0 30.5 0.1 30.3 126.8 3.5 5.7 1,454.7 1,874.7 1,225.4 1,065.6 159.8 649.3 25.3 230.0 394.0 23.1 396.9 89.9 177.7 129.2 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software in table 3.9.5. February 2011 S urvey of D-31 C u r r e n t B u s in e s s Table 3.10.6. Real Government Consumption Expenditures and General Government Gross Output, Chained Dollars [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV 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................................................................................................... Sales to other sectors.. Federal consumption expenditures 1......................................................................................................... Gross output of general government................................................................................................ Value added...................................................................................................................................... Compensation of general government employees.................................................................. Consumption of general government fixed cap ita l2............................................................... Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods........................................................................................................................ Services Less: Own-account investment4....................................................................................................... Sales to other sectors............................................................................................................. Defense consumption expenditures 1 Gross output of general government................................................................................................. Value added............................... Compensation of genera! government employees.................................................................. Consumption of general government fixed ca p ita l2............................................................... Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods........................................................................................................................ Services ............................................................................................................................... Less: Own-account investm ent4....................................................................................................... Sales to other sectors............................................................................................................. Nondefense consumption expenditures 1 Gross output of general government................................................................................................. Value added............................... Compensation of general government employees.................................................................. Consumption of general government fixed ca p ita l2............................................................... Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods................ Commodity Credit Corporation inventory change............................................................... Other nondurable goods........................................................................................................ Services................................. Less: Own-account investment4 . 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 ca p ita l2.............................................................. Intermediate goods and services purchased 3............................................................................ Durable goods.............................................................................................................................. Nondurable goods................ Services................................. Less: Own-account investment4. Sales to other sectors............................................................................................................. Tuition and related educational charges.......................................................................... Health and hospital charges............................................................................................. Other sales.......................................................................................................................... Residual.............................................................................................................................................................. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 2,112.3 2,460.4 1,520.5 1,283.0 237.5 939.8 70.8 226.8 643.5 25.6 322.5 882.3 895.7 485.6 375.9 109.8 410.3 47.3 45.9 317.5 4.9 8.5 591.7 597.0 313.8 234.3 79.6 283.5 43.5 22.3 218.3 2.1 3.2 290.6 298.7 171.8 141.6 30.3 126.9 3.8 23.9 -0.2 24.1 99.2 2.8 5.3 1,232.1 1,566.6 1,035.3 907.1 127.9 531.7 23.6 181.0 327.1 20.7 314.0 64.1 145.1 105.0 -2.9 2,132.3 2,489.2 1,529.2 1,284.4 245.0 960.1 73.4 227.7 660.3 24.7 332.0 915.1 929.9 502.9 388.6 114.4 427.4 49.9 47.0 330.7 5.2 9.6 608.8 614.3 324.7 241.7 83.1 289.9 45.7 21.2 223.6 2.2 3.2 306.4 315.7 178.2 146.9 31.3 137.5 4.2 26.3 -0.1 26.4 107.0 2.9 6.4 1,220.1 1,562.2 1,027.1 895.9 130.9 535.4 23.5 180.9 330.9 19.5 322.5 65.6 149.0 108.1 -3.9 2,119.1 2,470.3 1,525.0 1,284.8 240.2 945.3 71.7 224.7 650.0 24.8 326.3 893.0 906.6 492.8 381.5 111.5 414.1 48.4 44.2 321.8 4.9 8.7 598.5 603.8 320.2 239.4 80.8 283.8 44.5 20.6 219.4 2.1 3.2 294.5 302.8 172.6 142.0 30.7 130.2 3.9 24.0 0.1 23.9 102.3 2.8 5.6 1,228.4 1,565.9 1,032.7 903.4 129.0 533.5 23.4 180.6 329.4 20.0 317.6 64.5 146.6 106.7 -2.8 2010 I 2,118.1 2,470.7 1,527.0 1,285.2 241.9 943.7 70.3 224.6 649.9 24.0 328.3 895.5 909.4 497.5 385.2 112.4 412.2 46.9 44.2 321.2 4.9 9.0 598.9 604.3 322.1 240.6 81.6 282.4 42.9 20.5 219.6 2.2 3.2 296.6 305.2 175.5 144.6 30.9 129.7 4.0 24.2 -0.3 24.5 101.6 2.8 5.8 1,225.1 1,563.5 1,030.1 900.1 129.7 533.7 23.4 180.4 329.8 19.1 319.3 64.9 147.4 107.2 -3.2 II 2,131.4 2,487.7 1,533.3 1,289.7 243.7 954.5 71.7 226.5 657.4 24.4 331.7 912.0 927.2 504.8 391.2 113.6 422.7 48.3 46.1 328.6 5.0 10.2 606.8 612.2 323.7 241.3 82.5 288.8 44.2 21.2 224.0 2.2 3.2 305.3 315.1 181.2 150.0 31.1 134.0 4.1 25.3 -0.2 25.5 104.6 2.9 7.1 1,222.3 1,563.3 1,029.3 898.5 130.4 534.3 23.5 180.7 330.1 19.4 321.6 65.3 148.5 108.0 -3.5 III 2,145.5 2,504.9 1,528.0 1,282.4 245.9 977.1 73.9 230.3 674.3 25.2 334.1 931.0 946.9 503.6 388.8 115.0 443.9 50.4 49.4 344.3 5.3 10.7 619.8 625.3 325.3 241.9 83.5 300.5 46.0 22.1 233.0 2.3 3.2 311.3 321.7 178.4 147.0 31.4 143.4 4.4 27.8 0.1 27.7 111.2 3.0 7.5 1,217.9 1,561.3 1,025.3 893.6 131.2 536.4 23.6 181.1 331.6 19.9 323.5 65.8 149.5 108.4 -4.3 IV 2,134.1 2,493.3 1,528.5 1,280.4 248.4 965.0 77.6 229.6 659.5 25.2 333.8 922.0 935.8 505.6 389.3 116.6 430.6 54.1 48.4 328.7 5.5 8.4 609.6 615.2 327.7 243.1 84.8 287.7 49.7 21.2 217.9 2.3 3.3 312.6 320.8 177.9 146.2 31,8 142.9 4.4 27.8 0.2 27.6 110.7 3.1 5.1 1,215.3 1,560.6 1,023.8 891.2 132.1 537.1 23.6 181.4 332.1 19.7 325.5 66.3 150.6 108.9 -4.6 1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software in table 3.9.5. N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. February 2011 National Data D-32 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 2009 2010 2009 IV National defense consumption expenditures and gross investment........................................ Consumption expenditures 1........................................................................................................................ Gross output of general government.................... Value added............................................................................................................................................... Compensation of general government employees........................................................................... M ilitary............................................................................................................................................... C ivilian............................................................................................................................................... Consumption of general government fixed ca p ita l2 ....................................................................... Intermediate goods and services purchased 3..................................................................................... Durable goods....................................................................................................................................... Aircraft................................................................................................................................................ Missiles.............................................................................................................................................. Ships.................................................................................................................................................. Vehicles.............................................................................................................................................. Electronics........................................................................................................................................ Other durable goods........................................................................................................................ Nondurable goods................................................................................................................................ Petroleum products.......................................................................................................................... Ammunition....................................................................................................................................... Other nondurable goods................................................................................................................. Services................................................................................................................................................. Research and development............................................................................................................ Installation support........................................................................................................................... Weapons support. Personnel support............................................................................................................................ Transportation of m aterial............................................................................................................... Travel of persons............. Less: Own-account investm ent4 Sales to other sectors ,,, Gross investm ent5 ........................ Structures........................................................................................................................................................ Equipment and software.............................................................................................................................. Aircraft.............. M issiles............ S hips................ Vehicles....................................................................................................................................................... Electronics and software.......................................................................................................................... Other equipm ent....................................................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 5.4 5.3 5.2 6.1 6.6 7.7 4.2 4.6 4.2 5.3 16.3 -1.1 -12.3 11.1 2.1 -2.0 4.8 1.4 -5.6 15.5 3.9 -2.1 9.5 8.4 8.0 -31.4 8.2 4.1 -3.7 6.0 40.1 1.7 5.8 23.2 6.8 -4.4 1.6 -2.7 3.9 2.9 2.9 3.5 3.2 1.6 6.6 4.4 2.3 5.0 4.1 2.4 10.8 12.6 2.9 6.6 -4.6 -4.8 0.5 -6.8 2.5 -2.5 -3.6 -1.8 10.8 27.8 -19.6 7.2 0.7 10.6 20.5 8.8 21.6 12.2 0.8 7.6 6.2 7.4 -2.5 -3.6 -3.6 3.9 3.8 -0.3 13.7 4.0 -11.5 -16.5 32.6 -49.8 -76.9 4.9 -38.5 -26.0 -54.0 -63.1 15.1 -59.5 ^1.1 -7.6 -9.6 -16.6 -0.2 140.7 -4.4 4.2 -8.5 4.5 11.3 3.3 126.6 -23.4 53.9 -17.5 -19.4 -18.2 2010 I II 0.4 0.3 0.3 2.3 1.9 1.9 1.7 3.8 -2.0 -13.2 -49.2 -15.1 206.6 2.1 31.5 5.3 -2.4 -25.5 3.9 30.9 0.3 -0.2 -7.7 -20.9 14.9 34.7 -30.3 3.8 5.6 0.7 3.5 0.2 -15.7 11.5 -47.7 34.5 21.6 10.0 7.4 5.4 5.3 2.1 1.3 0.0 4.2 4.6 9.3 12.0 32.4 40.6 20.6 7.2 -10.3 3.9 14.7 43.6 4.4 -8.9 8.3 -1.1 -1.3 29.7 19.1 -18.8 -28.7 4.3 -3.0 20.4 0.5 24.5 120.8 44.8 15.0 6.1 -2.9 13.1 III 8.5 8.8 8.9 1.9 0.9 -1.8 7.2 5.2 17.3 17.7 27.5 22.4 32.9 -37.5 7.6 40.8 19.1 77.3 -43.4 -5.2 17.1 -0.1 18.0 32.0 24.6 28.6 -14.9 18.9 4.8 6.3 19.0 4.1 -2.3 -6.6 29.4 -11.3 10.6 2.9 IV -2.0 -6.4 -6.3 3.0 2.0 -1.3 9.3 6.2 -16.0 36.7 63.6 6.1 -16.2 32.6 2.9 62.0 -16.7 -38.8 37.4 5.8 -23.5 -18.5 -31.1 -53.7 -13.5 68.3 -46.0 13.2 4.7 27.9 31.1 27.3 -25.7 -1.6 47.0 15.2 6.6 90.3 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 and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. February 2011 S urvey of D-33 C u r r e n t B u s in e s s Table 3.11.3. Real National Defense Consumption Expenditures and Gross Investment by Type, Quantity Indexes Table 3.11.4. Price Indexes for National Defense Consumption Expenditures and Gross Investment by Type [Index numbers, 2005=100] [Index numbers, 2005=100] Seasonally adjusted Seasonally adjusted Line 2009 2010 2009 IV National defense consumption expenditures and gross investm ent........ Consumption expenditures 1........ Gross output of general governm ent................................ Value add e d ............................... Compensation of general government employees.... Military................................ Civilian................................ Consumption of general government fixed ca p ita l2 Intermediate goods and services purchased 3 ........... Durable goods....................... Aircraft................................ M issiles.............................. S hips.................................. Vehicles.............................. Electronics......................... Other durable goods......... Nondurable goods................ Petroleum products.......... Ammunition....................... Other nondurable goods... Services................................. Research and development.................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons.............. Less: Own-account investm ent4 Sales to other sectors...... Gross investm ent5.......................... Structures........................................ Equipment and software............... Aircraft........................................ Missiles....................................... S hip s........................................... Vehicles...................................... Electronics and software.......... Other equipment........................ 2010 I II Line III 2010 1 117.648 122.289 119.477 119.582 121.732 124.233 123.610 2 114.933 118.248 116.251 116.337 117.866 120.389 118.400 3 114.767 118.081 116.074 116.171 117.684 120.208 118.260 4 110.345 114.163 112.593 113.245 113.823 114.369 115.214 b 108.625 112.052 111.002 111.519 111.875 112.132 112.682 6 109.008 110.781 110.588 111.123 111.126 110.613 110.264 7 107.664 114.791 111.812 112.288 113.438 115.427 118.010 8 115.830 120.977 117.632 118.742 120.080 121.614 123.471 9 10 11 12 13 14 15 16 17 18 19 20 21 120.216 147.306 135.139 133.693 47.740 296.029 202.500 129.075 106.644 99.720 88.927 130.970 117.746 122.927 154.669 140.724 136.894 52.875 333.191 208.439 137.548 101.704 94.940 89.386 122.126 120.650 120.374 150.507 148.151 129.759 37.609 340.549 196.459 124.853 98.654 91.352 92.286 116.545 118.386 119.776 145.280 125.051 124.544 49.768 342.355 210.397 126.483 98.052 84.860 93.172 124.664 118.479 122.459 149.444 134.133 135.624 52.155 348.363 204.758 127.691 101.469 92.900 94.190 121.780 120.851 127.446 155.656 142.521 142.643 56.002 309.710 208.563 139.088 106.010 107.196 81.709 120.172 125.704 122.026 168.297 161.193 144.767 53.575 332.335 210.040 156.928 101.286 94.804 88.471 121.888 117.566 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 99.777 117.020 127.339 142.232 82.626 80.983 101.581 96.885 137.252 180.681 131.719 104.096 120.268 97.607 218.858 168.658 131.342 97.255 112.788 125.110 157.522 105.616 65.077 108.885 97.562 151.747 217.672 143.360 126.536 134.923 98.394 235.418 179.064 141.047 98.746 115.610 127.720 144.471 95.384 80.071 103.857 95.950 142.838 207.231 134.652 115.958 123.591 106.242 217.488 168.639 128.431 98.688 113.308 120.456 149.579 102.749 73.155 104.833 97.261 143.089 209.013 134.711 111.097 127.003 90.354 234.227 177.072 131.516 98.426 112.926 128.536 156.245 97.532 67.224 105.949 96.532 149.875 209.254 142.306 135.431 139.326 93.562 237.712 175.775 135.636 98.403 117.698 137.787 165.066 103.871 64.574 110.632 97.659 152.189 218.552 143.747 134.634 136.961 99.783 230.717 180.263 136.602 93.502 107.223 113.659 159.197 118.309 55.354 114.126 98.795 161.834 233.869 152.674 124.980 136.402 109.876 239.018 183.147 160.433 National defense consumption expenditures and gross investment......... Consumption expenditures 1......... Gross output of general government................................. Value added................................ Compensation of general government employees.... M ilitary................................ Civilian................................ Consumption of general government fixed c a p ita l2 Intermediate goods and services purchased 3............ Durable goods....................... Aircraft................................ Missiles............................... Ships................................... Vehicles.............................. Electronics......................... Other durable goods......... Nondurable goods................ Petroleum products........... Ammunition........................ Other nondurable goods... Services.................................. Research and development.................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons............... Less: Own-account investm ent4 Sales to other sectors....... Gross investm ent5.......................... S tructures........................................ Equipment and software............... Aircraft......................................... M issiles....................................... Ships............................................ Vehicles...................................... Electronics and software........... Other equipment........................ 2010 2009 IV IV 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2009 I II III IV 1 111.342 113.519 111.590 113.046 113.377 113.529 114.124 2 112.240 114.704 112.522 114.191 114.555 114.746 115.325 3 112.245 114.707 112.529 114.190 114.560 114.749 115.329 4 114.539 116.467 114.114 116.277 116.312 116.446 116.834 5 116.620 119.013 116.070 118.835 118.794 119.014 119.407 6 118.171 120.975 117.262 120.676 120.688 120.977 121.560 7 113.407 114.950 113.633 115.024 114.869 114.949 114.956 8 108.333 108.884 108.275 108.656 108.915 108.796 109.168 9 10 11 12 13 14 15 16 17 18 19 20 21 109.596 104.108 102.088 107.806 109.288 105.252 101.680 106.197 108.848 102.328 116.982 109.812 110.471 112.624 104.271 101.913 107.991 109.555 105.080 101.845 106.989 123.184 131.726 120.218 111.428 112.951 110.648 104.190 101.799 107.561 110.133 105.403 101.943 106.694 117.608 121.210 117.017 110.443 110.941 111.740 104.332 102.027 107.940 109.416 105.367 102.019 106.805 119.932 125.238 118.822 111.096 112.103 112.488 104.405 102.085 108.322 109.404 104.777 102.138 106.980 122.540 130.656 119.998 111.274 112.807 112.738 104.456 102.242 108.222 109.649 104.631 101.917 107.296 122.658 130.694 120.329 111.398 113.108 113.529 103.889 101.300 107.479 109.749 105.544 101.307 106.873 127.604 140.316 121.721 111.944 113.786 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 111.874 110.061 109.069 109.909 104.111 115.328 113.007 112.930 105.507 118.453 104.073 103.497 105.308 116.338 107.256 94.084 104.993 114.192 113.874 110.744 111.215 113.337 123.224 115.746 114.753 106.051 117.156 104.906 104.870 107.024 121.967 106.151 93.124 105.714 112.227 110.809 109.047 110.190 106.694 118.728 113.774 113.057 105.559 117.325 104.297 103.166 106.131 118.375 106.970 93.711 105.388 113.382 113.190 110.187 110.665 108.981 119.669 114.943 113.773 105.807 117.171 104.616 103.500 106.658 120.550 106.870 93.607 105.491 113.841 114.044 110.461 110.952 113.903 124.340 115.938 114.758 105.950 116.575 104.885 103.990 107.318 122.650 106.130 93.380 105.686 114.298 113.431 111.025 111.412 115.125 124.450 115.605 115.045 105.890 116.961 104.750 104.012 107.060 121.746 105.406 92.985 106.077 115.246 114.831 111.304 111.829 115.339 124.440 116.500 115.438 106.559 117.917 105.375 107.977 107.060 122.923 106.198 92.523 105.604 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. D-34 National Data February 2011 Table 3.11.5. National Defense Consumption Expenditures and Gross Investment by Type Table 3.11.6. Real National Defense Consumption Expenditures and Gross Investment by Type, Chained Dollars [Billions of dollars] [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV National defense consumption expenditures and gross investm ent........ Consumption expenditures 1 Gross output of general government................................ Value added............................... Compensation of general government employees.... Military................................ Civilian................................ Consumption of general government fixed c a p ita l2 Intermediate goods and services purchased 3 ........... Durable goods....................... Aircraft................................ M issiles.............................. S hips.................................. Vehicles.............................. Electronics......................... Other durable goods Nondurable goods................. Petroleum products Ammunition....................... Other nondurable goods... Services................................. Research and development.................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons.............. Less: Own-account investm ent4 Sales to other sectors Gross investm ent5.......................... Structures........................................ Equipment and software............... Aircraft......................................... Missiles........................................ Ships Vehicles....................................... Electronics and software Other equipment........................ Seasonally adjusted at annual rates Line 2010 I II III 2010 IV 1 2 771.6 664.1 817.8 698.3 785.4 673.5 796.3 684.0 813.0 695.2 830.8 711.2 831.0 703.0 3 4 670.1 359.4 704.6 378.2 679.5 365.4 690.1 374.5 701.3 376.6 717.6 378.8 709.5 382.9 5 6 7 273.3 189.4 83.8 287.7 197.1 90.6 278.0 190.7 87.2 285.9 197.2 88.7 286.7 197.2 89.5 287.9 196.8 91.1 290.3 197.1 93.1 8 86.2 90.5 87.5 88.6 89.8 90.9 92.6 9 10 11 12 13 14 15 16 17 18 19 20 21 310.7 45.3 14.8 4.7 0.7 3.5 11.1 10.5 24.2 10.3 4.1 9.8 241.1 326.4 47.7 15.4 4.8 0.8 3.9 11.4 11.3 26.2 12.6 4.3 9.3 252.6 314.0 46.3 16.2 4.6 0.6 4.0 10.8 10.2 24.2 11.1 4.3 8.8 243.5 315.6 44.8 13.7 4.4 0.8 4.1 11.5 10.4 24.6 10.7 4.4 9.5 246.2 324.8 46.1 14.7 4.8 0.8 4.1 11.2 10.5 26.0 12.2 4.5 9.3 252.7 338.8 48.0 15.7 5.0 0.8 3.6 11.4 11.4 27.1 14.1 3.9 9.1 263.6 326.6 51.7 17.5 5.1 0.8 3.9 11.4 12.9 27.0 13.4 4.3 9.3 248.0 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 60.2 45.5 33.8 87.3 6.6 7.7 2.4 3.6 107.5 15.9 91.5 14.6 5.1 11.1 9.1 20.1 31.6 59.9 45.4 33.8 97.8 9.2 6.6 2.6 3.7 119.5 19.0 100.4 17.9 5.8 11.8 9.7 21.1 34.2 59.8 45.3 33.9 88.9 7.8 7.8 2.4 3.6 111.9 18.1 93.8 16.2 5.3 12.3 9.0 20.0 31.0 60.4 45.3 32.4 92.4 8.6 7.2 2.5 3.7 112.4 18.3 94.1 15.6 5.4 10.7 9.7 21.0 31.8 60.4 45.5 34.6 96.8 8.5 6.8 2.5 3.7 117.9 18.2 99.7 19.0 6.0 11.3 9.8 20.8 32.8 60.7 47.2 37.3 102.7 9.2 6.6 2.6 3.7 119.6 19.1 100.5 18.9 5.9 11.9 9.4 21.2 33.2 58.1 43.5 30.8 99.4 10.5 5.6 2.7 3.8 128.0 20.6 107.4 18.3 5.9 13.2 9.8 21.4 38.8 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. 2009 2009 IV National defense consumption expenditures and gross investment ..... Consumption expenditures 1 ..... Gross output of general government................................. Value added................................ Compensation of general government employees.... M ilitary................................ Civilian................................ Consumption of general government fixed c a p ita l2 Intermediate goods and services purchased 3............ Durable g oods....................... Aircraft................................ Missiles............................... Ships................................... Vehicles.............................. Electronics......................... Other durable goods ..... Nondurable goods................ Petroleum products........... Ammunition........................ Other nondurable goods... Services.................................. Research and development.................. Installation support........... Weapons support............. Personnel support............ Transportation of material Travel of persons............... Less: Own-account investm ent4 Sales to other sectors .... Gross investm ent5.......................... S tructures........................................ Equipment and software............... A ircraft......................................... Missiles........................................ Ships............................................ Vehicles...................................... Electronics and software........... Other equipment........................ Residual............................................... 2010 I II III IV 1 2 693.0 591.7 720.3 608.8 703.8 598.5 704.4 598.9 717.1 606.8 731.8 619.8 728.1 609.6 3 4 597.0 313.8 614.3 324.7 603.8 320.2 604.3 322.1 612.2 323.7 625.3 325.3 615.2 327.7 5 6 7 234.3 160.3 73.9 241.7 162.9 78.8 239.4 162.6 76.8 240.6 163.4 77.1 241.3 163.4 77.9 241.9 162.7 79.3 243.1 162.1 81.0 8 79.6 83.1 80.8 81.6 82.5 83.5 84.8 9 10 11 12 13 14 15 16 17 18 19 20 21 283.5 43.5 14.5 4.4 0.7 3.3 10.9 9.9 22.3 10.1 3.5 8.9 218.3 289.9 45.7 15.1 4.5 0.7 3.7 11.2 10.5 21.2 9.6 3.6 8.3 223.6 283.8 44.5 15.9 4.2 0.5 3.8 10.6 9.6 20.6 9.2 3.7 8.0 219.4 282.4 42.9 13.4 4.1 0.7 3.8 11.3 9.7 20.5 8.6 3.7 8.5 219.6 288.8 44.2 14.4 4.4 0.7 3.9 11.0 9.8 21.2 9.4 3.7 8.3 224.0 300.5 46.0 15.3 4.7 0.8 3.5 11.2 10.7 22.1 10.8 3.2 8.2 233.0 287.7 49.7 17.3 4.7 0.7 3.7 11.3 12.0 21.2 9.6 3.5 8.3 217.9 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 53.8 41.3 31.0 79.4 6.4 6.6 2.1 3.2 101.9 13.5 87.9 14.1 4.8 9.6 8.5 21.3 30.1 -2.1 52.5 39.8 30.5 87.9 8.1 5.3 2.2 3.2 112.6 16.2 95.7 17.1 5.4 9.7 9.1 22.6 32.3 -2.8 53.3 40.8 31.1 80.7 7.3 6.6 2.1 3.2 106.0 15.4 89.9 15.7 5.0 10.4 8.4 21.3 29.4 -2.0 53.2 40.0 29.4 83.5 7.9 6.0 2.2 3.2 106.2 15.6 89.9 15.0 5.1 8.9 9.1 22.4 30.1 -2.3 53.1 39.9 31.3 87.2 7.5 5.5 2.2 3.2 111.2 15.6 95.0 18.3 5.6 9.2 9.2 22.2 31.1 -2.6 53.1 41.6 33.6 92.2 8.0 5.3 2.3 3.2 112.9 16.3 96.0 18.2 5.5 9.8 8.9 22.8 31.3 -3.2 50.4 37.9 27.7 88.9 9.1 4.5 2.3 3.3 120.1 17.4 101.9 16.9 5.5 10.8 9.2 23.2 36.7 -3.5 1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account investment (construction and software). 2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on these assets. 3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment. 4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in software. 5. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures. N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. February 2011 S urvey of D-35 C u r r e n t B u s in e s s 4. Foreign Transactions Table 4.1. Foreign Transactions in the National Income and Product Accounts [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 IV Exports of goods and services.................................................................................................................... Goods 1.......................................................................................................................................................... Durable....................................................................................................................................................... Nondurable................................................................................................................................................ Services 1 ...................................................................................................................................................... Wage and salary receipts............................................................................................................................. Imports of goods and services.................................................................................................................... Goods 1.......... Durable....... Nondurable. Services 1 ...... Wage and salary payments.......................................................................................................................... 1 2 3 4 5 6 7 8 M m 11 1? 13 14 15 16 17 18 19 20 V1 ?? 25 26 27 28 99 2,208.2 1,578.4 1,063.1 671.0 392.1 515.3 629.8 2.9 626.9 146.3 206.8 273.8 2,587.9 1,964.7 1,587.8 890.1 697.7 376.9 483.6 10.8 472.8 344.5 99.5 28.8 139.5 66.5 50.2 22.9 -379.7 30 S1 32 -380.3 -379.7 0.6 94 Current taxes and transfer payments to the rest of the world (net) From persons (net)........................................................................................................................................ From government (net)................................................................................................................................. From business (net)...................................................................................................................................... Addenda: Net lending or net borrowing (-), NIPAs..................................................................................................... Less: Capital account transactions (n e t)2............................................................................................ 1,837.1 1,276.4 800.6 475.8 560.7 2,352.6 1,948.0 1,104.4 843.5 404.6 158.2 71.7 62.0 24.5 2010 2009 I II III 2,354.6 1,689.9 1,157.6 728.0 429.6 532.3 664.7 3.0 661.7 132.6 192.2 336.8 2,755.2 2,116.3 1,731.8 968.4 763.4 384.5 499.1 10.8 488.3 321.8 79.8 86.7 139.7 69.5 45.3 24.9 -400.6 2,451.5 1,757.8 1,213.0 758.4 454.6 544.8 693.7 3.0 690.7 129.3 195.8 365.6 2,896.5 2,237.6 1,843.5 1,015.5 827.9 394.1 502.6 11.2 491.3 318.4 96.6 76.3 156.3 70.7 60.6 25.0 -445.0 2,514.0 1,817.9 1,262.8 802.9 459.9 555.1 696.1 3.1 693.0 135.5 222.8 334.7 3,006.4 2,357.1 1,957.2 1,114.6 842.6 400.0 500.8 11.5 489.3 323.2 86.0 80.2 148.5 72.2 51.9 24.4 -492.5 2,552.8 1,848.9 1,282.0 812.9 469.1 566.9 704.0 3.2 700.8 134.5 193.1 373.1 3,066.8 2,399.4 1,988.2 1,143.0 845.2 411.2 515.5 11.5 503.9 320.1 80.9 103.0 151.9 71.1 56.3 24.5 -514.0 -401.3 -400.6 0.7 -445.4 -445.0 0.4 -493.0 -492.5 0.5 -514.6 -514.0 0.6 IV 1,923.9 1,347.7 828.2 519.5 576.1 2,416.0 2,002.9 1,144.5 858.4 413.1 155.4 72.8 58.4 24.1 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. National Data D-36 Table 4.2.1. Percent Change From Preceding Period in Real Exports and in Real Imports of Goods and Services by Type of Product February 2011 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 Line 2009 2010 IV 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 p arts........................................ Computers, peripherals, and p arts....................................... O ther........................................... Automotive vehicles, engines, and parts............................................ Consumer goods, except automotive.................................. Durable goods............................ Nondurable goods..................... O th er............................................... Exports of services 1 ...................... Transfers under U.S. military agency sales contracts............. Travel............................................... Passenger fares.............................. Other transportation...................... Royalties and license fees............ Other private services................... O th e r........... Imports of goods and services................................. 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 p a rts........................................ Computers, peripherals, and parts........................................ O th er........................................... Automotive vehicles, engines, and p arts............................................ Consumer goods, except automotive.................................. Durable goods............................ Nondurable goods..................... O th er............................................... Imports of services 1....................... Direct defense expenditures......... Travel............................................... Passenger fares.............................. Other transportation...................... Royalties and license fees............ Other private services................... O th er............................................... Addenda: Exports of durable goods............. Exports of nondurable goods....... Exports of agricultural goods 2.... Exports of nonagricultural goods Imports of durable goods.............. Imports of nondurable goods........ Imports of nonpetroleum goods... Seasonally adjusted at annual rates 2010 2009 I II Line 2010 IV III 1 2 3 4 5 6 7 -9.5 -12.0 -4.6 -6.8 -13.3 -3.5 -14.7 11.7 14.6 8.0 15.1 16.3 14.5 14.0 24.4 31.7 69.6 11.9 18.6 8.8 28.7 11.4 14.0 -0.9 19.2 12.8 22.4 15.1 9.1 11.5 -32.2 17.3 38.0 8.5 19.1 6.8 5.8 24.1 -3.0 -7.1 -1.0 13.5 8.5 10.0 50.2 12.9 7.4 15.6 6.0 8 -3.7 -6.6 23.4 -31.1 -7.3 36.1 -19.1 9 10 -7.8 -18.0 20.3 18.7 25.9 30.5 23.1 29.2 21.3 25.4 10.7 9.4 37.0 8.6 5.9 11 -33.1 36.1 70.6 35.9 19.5 -6.4 12 13 14 15 16 -7.2 -16.8 5.2 -4.0 -3.9 9.1 17.5 0.7 9.9 5.8 23.9 24.8 22.9 92.5 10.2 11.0 13.7 8.3 -17.5 5.8 -4.6 23.2 -28.0 53.9 3.9 7.2 9.4 4.6 3.6 8.9 16.0 14.9 17.3 -35.3 5.1 17 18 19 20 21 22 23 16.1 -10.9 -3.9 -14.6 -4.3 0.4 -7.1 8.5 7.3 -4.2 9.4 9.6 4.4 0.9 -80.4 7.6 -22.1 20.9 69.5 9.8 -4.0 78.4 19.5 -9.3 10.4 -5.8 2.2 25.1 21.6 0.3 -5.3 8.0 9.0 3.7 -8.1 45.7 15.0 24.5 -4.3 4.7 7.3 -2.4 -0.5 5.4 11.6 4.6 2.9 5.7 2.6 24 25 26 -13.8 -15.8 -5.4 12.6 14.6 3.0 4.9 6.2 -2.5 11.2 12.0 18.0 33.5 40.5 5.4 16.8 17.4 -0.6 -13.6 -15.5 -15.4 27 28 29 30 31 -24.3 -29.9 -18.3 -8.8 -16.8 14.8 15.1 14.4 0.7 22.5 19.9 31.0 10.4 -47.4 32.2 30.1 43.3 18.5 -3.4 15.5 31.5 39.5 23.8 78.6 49.0 0.6 -8.3 10.8 43.6 16.4 -18.1 -22.7 -13.4 -56.2 9.6 32 -18.1 -1.1 14.7 -10.5 -0.3 20.2 -8.7 33 34 -1.5 -21.4 28.6 23.1 79.2 18.3 8.8 22.2 51.5 54.5 -20.9 35.4 4.9 13.4 35 -32.4 42.1 52.0 12.1 69.9 15.6 -17.5 36 37 38 39 40 41 42 43 44 45 46 47 -10.8 -14.1 -6.9 -7.0 -4.2 11.5 -2.1 -13.8 -15.9 -2.0 -3.6 7.2 12.8 16.1 9.2 4.4 3.5 2.5 -3.9 -0.7 11.4 15.6 4.2 -3.1 19.2 18.8 19.6 4.2 -0.5 -16.5 -11.3 -28.1 3.5 36.3 6.0 13.1 7.7 18.5 -3.2 35.7 7.8 9.0 3.0 0.2 33.4 60.9 0.7 -22.0 25.3 31.3 18.8 -24.2 4.3 26.4 -6.4 -6.7 28.9 -17.4 5.8 0.6 18.1 19.2 16.8 1.9 14.2 24.4 22.6 35.4 15.0 5.3 7.5 12.7 -0.2 0.6 -1.2 32.3 -3.8 -21.1 -6.1 -11.5 -19.5 10.4 5.1 -5.6 48 49 50 51 b2 53 54 -17.1 -2.3 -3.2 -12.8 -20.6 -9.4 -17.4 17.2 10.2 8.5 15.2 22.6 5.3 18.0 33.6 28.3 59.2 29.1 30.7 -18.2 24.3 15.8 11.1 14.6 13.9 19.1 3.7 15.9 23.6 -6.4 -32.4 17.1 43.2 37.1 32.9 6.3 5.0 14.1 5.1 13.1 23.2 12.3 5.2 18.5 44.1 7.0 -1.7 -30.9 -2.6 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are 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. 2009 Percent change at annual rate: Exports of goods and services................................. 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 p a rts........................................ Computers, peripherals, and p a rts........................................ Other............................................ Automotive vehicles, engines, and parts............................................. Consumer goods, except automotive.................................. Durable goods........................... Nondurable g oods..................... Other................................................ Exports of services 1....................... Transfers under U.S. military agency sales contracts............. Travel................................................ Passenger fares.............................. Other transportation....................... Royalties and license fe e s............ Other private services.................... Other................................................ Percent change at annual rate: Imports of goods and services................................. Percentage points at annual rates: Imports of goods 1............................ Foods, feeds, and beverages........ Industrial supplies and materials, except petroleum and products Durable goods........................... Nondurable g oods..................... Petroleum and products................ Capital goods, except automotive Civilian aircraft, engines, and p a rts........................................ Computers, peripherals, and p a rts........................................ Other............................................ Automotive vehicles, engines, and parts............................................. Consumer goods, except automotive.................................. Durable goods........................... Nondurable g oods..................... Other................................................ Imports of services 1....................... Direct defense expenditures......... Travel................................................ Passenger fares.............................. Other transportation....................... Royalties and license fe e s............ Other private services.................... Other................................................ 2009 2010 IV I II III IV 1 -9.5 11.7 24.4 11.4 9.1 6.8 8.5 2 3 4 5 6 7 -8.35 -0.26 -1.32 -0.89 -0.44 -3.75 9.84 0.51 2.91 1.04 1.87 3.38 20.66 3.56 2.50 1.23 1.27 6.71 9.53 0.00 3.63 0.82 2.81 3.60 7.91 -2.12 3.45 2.23 1.22 4.34 4.09 1.18 -0.62 -0.49 -0.13 3.17 6.94 2.50 2.67 0.51 2.16 1.49 8 -0.16 -0.31 1.05 -1.56 -0.29 1.24 -0.83 9 10 -0.18 -3.41 0.47 3.23 0.60 5.07 0.51 4.65 0.47 4.16 0.25 1.69 0.78 1.53 11 -2.24 1.85 3.34 1.92 1.14 -0.40 0.36 12 13 14 15 16 -0.65 -0.85 0.21 -0.13 -1.17 0.85 0.82 0.03 0.33 1.88 2.20 1.17 1.03 2.35 3.70 1.03 0.65 0.38 -0.64 1.84 -0.40 1.01 -1.41 1.49 1.21 0.63 0.44 0.19 0.13 2.67 1.37 0.69 0.68 -1.44 1.54 17 18 19 20 21 22 23 0.12 -0.65 -0.06 -0.35 -0.22 0.06 -0.07 0.08 0.44 -0.06 0.21 0.54 0.66 0.01 -1.54 0.46 -0.38 0.46 3.22 1.51 -0.03 0.50 1.05 -0.15 0.23 -0.34 0.32 0.22 0.18 0.02 -0.09 0.17 0.49 0.52 -0.08 0.36 0.81 0.37 -0.10 0.26 0.99 -0.02 -0.01 0.31 0.18 0.10 0.16 0.77 0.02 24 -13.8 12.6 4.9 11.2 33.5 16.8 -13.6 25 26 -13.15 -0.20 11.92 0.12 5.04 -0.10 9.81 0.68 32.50 0.32 14.41 0.01 -12.98 -0.61 27 28 29 30 31 -2.88 -1.82 -1.06 -1.39 -3.13 1.47 0.75 0.71 0.21 4.00 1.76 1.28 0.48 -9.57 5.20 2.82 1.88 0.94 -0.53 2.76 3.46 2.10 1.36 10.32 8.49 0.16 -0.42 0.58 5.70 3.22 -1.97 -1.27 -0.69 -11.60 1.87 32 -0.27 -0.02 0.20 -0.15 0.02 0.26 -0.10 33 34 -0.06 -2.80 1.32 2.70 2.98 2.02 0.45 2.46 2.45 6.02 -1.17 4.12 0.26 1.70 35 -3.11 3.29 3.83 1.10 5.66 1.52 -1.79 36 37 38 39 40 41 42 43 44 45 46 47 -2.17 -1.54 -0.63 -0.27 -0.70 0.13 -0.07 -0.18 -0.34 -0.02 -0.26 0.03 2.67 1.74 0.93 0.17 0.64 0.03 -0.14 -0.01 0.23 0.19 0.35 -0.02 3.76 1.93 1.84 0.15 -0.11 -0.27 -0.43 -0.42 0.06 0.39 0.48 0.07 1.69 1.94 -0.26 1.30 1.40 0.13 0.10 0.00 0.59 0.64 0.06 -0.13 5.27 3.39 1.88 -1.01 0.95 0.36 -0.20 -0.08 0.60 -0.23 0.50 0.01 3.69 2.10 1.59 0.11 2.41 0.30 0.68 0.40 0.32 0.07 0.58 0.06 0.05 0.13 -0.08 1.07 -0.59 -0.29 -0.19 -0.15 -0.44 0.12 0.38 -0.03 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. February 2011 S urvey of D-37 C u r r e n t B u s in e s s Table 4.2.3. Real Exports and Imports of Goods and Services by Type of Product, Quantity Indexes Table 4.2.4. Price Indexes for Exports and Imports of Goods and Services by Type of Product [Index numbers, 2005=100] [Index numbers, 2005=100] Seasonally adjusted Line 2009 2010 2009 IV 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 p arts.................................... O ther....................................... Automotive vehicles, engines, and parts................................. Consumer goods, except automotive............................... Durable goods........................ Nondurable goods.................. O th er............................................ Exports of services 1 ................... Transfers under U.S. military agency sales contracts.......... Travel............................................ Passenger fares.......................... Other transportation................... Royalties and license fees......... Other private services............... O ther............................................ Imports of goods and services.............................. 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 p arts.................................... Computers, peripherals, and p arts.................................... O th er........................................ Automotive vehicles, engines, and p a rts................................. Consumer goods, except automotive............................... Durable goods........................ Nondurable goods.................. O th er............................................ Imports of services 1.................... Direct defense expenditures..... Travel............................................ Passenger fares.......................... Other transportation................... Royalties and license fees......... Other private services............... O th er............................................ Addenda: Exports of durable goods.......... Exports of nondurable g oods.... Exports of agricultural goods 2 Exports of nonagricultural goods........................................ Imports of durable goods........... Imports of nondurable goods.... Imports of nonpetroleum goods Seasonally adjusted 2010 1 II Line III 4 122.237 140.651 130.126 135.959 141.499 140.409 144.737 5 110.948 129.002 118.330 121.957 132.175 129.768 132.108 6 128.530 147.146 136.690 143.763 146.727 146.348 151.745 7 109.611 124.908 114.390 118.484 123.775 127.747 129.625 8 111.788 104.359 113.223 103.159 101.233 109.350 103.694 9 109.844 132.185 116.994 123.237 129.334 132.649 143.520 10 109.055 129.474 114.421 121.979 129.089 132.032 134.793 79.703 108.507 97.647 105.426 110.219 108.414 109.967 12 13 14 15 16 122.962 116.895 129.674 104.532 118.303 134.139 137.325 130.624 114.883 125.143 129.465 125.284 133.993 113.577 120.822 132,889 129.359 136.693 108.241 122.533 131.340 136.273 125.920 120.552 123.708 133.641 139.377 127.348 121.634 126.380 138.688 144.290 132.536 109.103 127.951 17 18 19 20 21 22 23 79.562 105.933 118.913 78.584 127.266 135.924 113.285 86.345 113.710 113.959 85.950 139.545 141.935 114.285 68.607 106.436 113.963 82.866 138.305 138.502 109.926 79.290 111.275 111.207 84.948 136.244 139.253 116.267 83.261 111.369 109.690 86.591 139.221 140.507 113.850 91.477 115.338 115.857 85.643 140.845 142.999 113.148 91.353 116.860 119.081 86.620 141.870 144.978 113.874 24 91.418 102.898 25 88.615 101.594 26 100.247 103.269 93.874 96.401 103.613 107.718 103.861 91.691 94.321 102.690 106.881 102.485 99.211 103.392 104.766 104.606 100.310 27 28 29 30 72.464 64.120 82.132 83.281 70.179 63.205 78.304 91.277 80.549 72.739 89.577 91.877 77.388 70.158 85.692 82.572 82.870 82.996 76.241 74.598 90.396 92.745 95.452 104.485 78.943 69.958 89.474 84.998 31 100.488 123.125 107.326 111.259 122.917 127.683 130.639 32 97.152 96.037 97.089 94.422 94.360 98.799 96.568 33 128.862 165.750 154.025 157.304 174.522 164.589 166.587 34 92.488 113.888 95.050 99.934 111.417 120.186 124.016 35 62.815 89.252 77.916 80.166 91.520 94.888 90.435 36 37 38 39 40 41 42 43 44 45 46 47 100.742 97.959 103.984 85.500 106.461 84.230 94.753 82.595 69.772 93.572 153.013 103.894 113.599 113.700 113.505 89.282 110.203 86.354 91.075 82.018 77.759 108.198 159.488 100.715 104.637 101.163 108.685 85.374 105.772 79.822 89.575 80.538 68.666 98.297 155.617 105.837 106.588 105.539 107.815 92.138 107.766 81.555 90.241 80.588 73.800 110.710 155.877 99.454 112.769 112.973 112.552 85.974 108.916 86.468 88.750 79.196 78.643 105.554 158.093 99.601 117.551 118.053 116.996 86.381 112.601 91.328 93.384 85.429 81.447 106.919 160.984 102.634 117.488 118.234 116.658 92.635 111.529 86.064 91.925 82.860 77.144 109.609 162.997 101.170 48 105.658 123.836 113.456 117.690 124.085 125.986 127.582 49 124.782 137.531 133.351 136.892 134.661 136.327 142.244 50 119.801 129.944 129.793 134.290 121.767 125.844 137.873 51 111.564 128.515 119.476 123.437 128.403 130.006 132.214 52 84.904 104.074 91.699 95.804 104.797 108.082 107.613 53 92.827 97.764 90.934 91.754 99.294 104.615 95.391 54 87.632 103.432 93.235 96.736 103.859 106.918 106.213 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. 2010 IV 1 114.228 127.613 120.569 123.858 126.592 128.679 131.324 2 112.377 128.772 120.484 124.495 127.939 129.762 132.890 3 119.593 129.101 131.879 131.570 119.371 125.993 139.470 11 2009 2009 IV Exports of goods and services............................ Exports of goods 1 ...................... Foods, feeds, and beverages.... Industrial supplies and materials................................. Durable g oods....................... Nondurable goods................ Capital goods, except automotive.............................. Civilian aircraft, engines, and p a rts................................... Computers, peripherals, and p a rts ................................... Other....................................... Automotive vehicles, engines, and parts................................. Consumer goods, except automotive.............................. Durable goods....................... Nondurable g oods................ Other............................................ Exports of services 1................... Transfers under U.S. military agency sales contracts......... Travel............................................ Passenger fares......................... Other transportation................... Royalties and license fe e s........ Other private services............... Other............................................ Imports of goods and services............................ Imports of goods 1....................... Foods, feeds, and beverages.... Industrial supplies and materials, except petroleum and products.......................... Durable goods....................... Nondurable g oods................ Petroleum and products............ Capital goods, except automotive.............................. Civilian aircraft, engines, and p a rts................................... Computers, peripherals, and p a rts................................... Other....................................... Automotive vehicles, engines, and parts................................. Consumer goods, except automotive.............................. Durable goods....................... Nondurable g oods................ Other............................................ Imports of services 1................... Direct defense expenditures.... Travel............................................ Passenger fares......................... Other transportation................... Royalties and license fe e s........ Other private services............... Other............................................ Addenda: Exports of durable goods.......... Exports of nondurable goods.... Exports of agricultural goods 2 Exports of nonagricultural goods...................................... Imports of durable goods.......... Imports of nondurable goods.... Imports of nonpetroleum goods 2010 1 II III IV 1 105.877 110.309 107.424 108.771 110.060 110.122 112.282 2 104.403 109.392 106.072 107.565 108.965 109.072 111.966 3 133.190 138.335 132.498 133.688 132.417 136.779 150.457 4 105.615 121.038 111.130 115.679 120.780 120.342 127.352 5 105.465 117.822 111.684 114.959 117.813 116.417 122.099 6 105.764 122.733 110.960 116.130 122.344 122.390 130.066 7 99.386 99.410 99.593 99.741 99.689 99.446 98.764 8 119.652 122.823 120.575 121.580 122.005 123.329 124.377 9 10 75.405 99.185 73.562 98.930 75.836 99.181 74.195 99.480 74.881 99.213 72.881 99.010 72.290 98.018 11 104.184 104.730 104.256 104.667 104.552 104.663 105.038 12 13 14 15 16 105.846 104.740 107.311 107.180 109.172 106.961 103.453 111.120 112.894 112.309 106.377 104.924 108.251 109.075 110.437 106.350 103.046 110.257 110.798 111.451 106.612 103.215 110.627 112.307 112.480 106.833 103.374 110.928 112.547 112.435 108.049 104.174 112.670 115.925 112.872 17 18 19 20 21 22 23 108.405 108.384 105.968 109.143 109.566 109.554 112.687 109.677 112.033 122.984 112.781 110.876 111.786 115.868 108.764 110.122 106.391 109.597 110.173 111.088 115.119 109.264 110.685 116.367 111.011 110.651 111.354 118.642 109.602 111.874 127.141 112.341 110.668 111.787 118.434 109.912 112.578 127.244 113.108 110.837 111.463 113.894 109.930 112.995 121.185 114.666 111.349 112.540 112.502 24 105.987 112.851 111.222 114.514 112.234 109.892 114.764 25 104.908 112.404 110.650 114.497 111.653 108.977 114.490 26 119.547 130.480 121.299 125.014 128.725 130.572 137.609 27 104.555 116.331 108.628 115.671 28 109.987 126.374 117.310 122.633 29 98.862 106.419 100.046 108.436 30 116.302 154.989 151.436 172.189 31 96.638 95.885 96.302 96.167 116.200 127.602 105.102 149.107 114.718 124.790 104.783 131.634 118.733 130.473 107.353 167.023 95.857 95.705 95.811 32 122.356 125.536 124.009 124.825 124.898 125.888 126.532 33 78.061 76.482 77.338 76.896 76.716 76.435 75.880 34 101.339 100.688 101.032 100.984 100.578 100.405 100.786 35 104.762 105.639 105.380 105.068 105.238 105.696 106.553 36 37 38 39 40 41 42 43 44 45 46 47 103.890 102.723 105.286 110.922 110.711 120.298 112.056 120.290 96.231 109.553 112.839 108.468 103.914 101.581 106.688 113.308 114.786 119.567 119.381 136.600 102.692 110.869 114.497 113.392 103.913 102.948 105.082 111.112 113.650 127.988 118.796 124.846 96.687 110.165 114.442 111.700 104.203 102.711 105.971 112.415 114.351 126.660 118.974 130.594 99.081 110.644 114.537 112.397 104.292 102.417 106.514 113.310 114.813 119.537 118.653 140.742 102.166 110.660 114.512 112.976 103.787 100.927 107.192 113.499 114.164 113.024 119.068 134.893 104.073 110.830 114.120 113.589 103.374 100.269 107.076 114.009 115.816 119.047 120.830 140.170 105.448 111.342 114.820 114.608 48 101.630 103.482 102.708 103.155 103.575 103.284 103.915 49 111.733 123.035 114.658 118.171 121.533 122.459 129.979 50 129.901 138.122 131.011 132.190 131.696 136.398 152.205 51 52 53 54 102.516 102.241 110.109 103.480 107.288 103.519 126.535 105.764 104.244 103.023 122.854 104.180 105.767 103.406 132.047 105.463 107.318 103.750 124.183 105.725 107.086 103.167 118.230 105.471 108.981 103.753 131.680 106.398 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. National Data D-38 February 2011 Table 4.2.5. Exports and Imports of Goods and Services Table 4.2.6. Real Exports and Imports of Goods and Services by Type of Product by Type of Product, Chained Dollars [Billions of dollars] [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2009 2010 2009 IV 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.................................... O th er........................................ Automotive vehicles, engines, and p arts................................. Consumer goods, except automotive............................... Durable goods........................ Nondurable goods.................. O th er............................................ Exports of services 1 ................... Transfers under U.S. military agency sales contracts.......... Travel............................................ Passenger fares.......................... Other transportation................... Royalties and license fees......... Other private services............... O th er............................................ Imports of goods and services.............................. 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 p arts.................................... Computers, peripherals, and p arts.................................... O th er........................................ Automotive vehicles, engines, and parts................................. Consumer goods, except automotive............................... Durable goods........................ Nondurable goods................. O th er............................................ Imports of services 1.................... Direct defense expenditures..... Travel............................................ Passenger fares.......................... Other transportation................... Royalties and license fees......... Other private services............... O th er............................................ Addenda: Exports of durable goods.......... Exports of nondurable goods.... Exports of agricultural goods 2 Exports of nonagricultural goods........................................ Imports of durable goods........... Imports of nondurable goods.... Imports of nonpetroleum goods 1 1,578.4 2 1,063.1 3 93.9 2010 i II Line III 1,837.1 1,276.4 105.6 1,689.9 1,157.6 103.0 1,757.8 1,213.0 103.7 1,817.9 1,262.8 93.2 1,848.9 1,282.0 101.6 1,923.9 1,347.7 123.7 4 5 6 293.7 96.2 197.5 387.0 124.8 262.2 328.5 108.4 220.0 357.2 115.0 242.2 388.2 127.8 260.4 383.8 124.0 259.8 418.7 132,4 286.3 7 390.5 445.0 408.3 423.6 442.3 455.3 458.9 8 74.8 71.6 76.3 70.1 69.0 75.3 72.0 9 10 37.7 278.0 44.3 329.2 40.4 291.7 41.6 311.9 44.1 329.2 44.0 336.0 47.2 339.6 11 81.7 111.8 100.2 108.6 113.4 111.7 113.7 12 13 14 15 16 150.0 76.0 74.0 53.2 515.3 165.4 88.2 77.2 61.6 560.7 158.7 81.6 77.2 58.8 532.3 162.9 82.7 80.2 56.9 544.8 161.4 87.3 74.1 64.3 555.1 164.6 89.4 75.1 65.0 566.9 172.7 93.3 79.4 60.1 576.1 17 18 19 20 21 22 23 15.6 93.9 26.4 35.4 89.8 238.3 15.8 17.1 104.2 29.4 40.0 99.6 253.9 16.4 13.5 95.9 25.4 37.5 98.1 246.2 15.7 15.7 100.7 27.1 38.9 97.1 248.1 17.1 16.5 101.9 29.2 40.2 99.2 251.4 16.7 18.2 106.2 30.9 40.0 100.5 255.1 16.0 18.2 108.0 30.3 41.0 101.7 261.1 15.9 24 25 26 1,964.7 1,587.8 81.6 2,352.6 1,948.0 91.7 2,116.3 1,731.8 81.9 2,237.6 1,843.5 88.0 2,357.1 1,957.2 91.8 2,399.4 1,988.2 93.0 2,416.0 2,002.9 94.0 27 28 29 30 195.2 94.6 100.6 267.4 249.0 125.1 123.9 355.1 209.2 102.3 106.8 317.6 237.9 117.0 120.8 358.1 255.9 132.4 123.5 358.5 253.0 126.6 126.4 346.4 249.1 124.2 124.9 357.6 31 369.7 449.5 393.6 407.4 448.6 465.3 476.6 32 30.6 31.0 31.0 30.3 30.3 32.0 31.5 33 34 93.9 245.3 118.4 300.0 111.3 251.3 113.0 264.1 125.1 293.2 117.5 315.8 118.1 327.1 35 157.6 225.6 196.4 201.5 230.4 239.9 230.5 36 37 38 39 40 41 42 43 44 4b 46 47 430.7 225.4 205.3 85.6 376.9 30.5 73.2 26.0 41.6 25.2 168.9 11.5 485.7 258.6 227.1 91.3 404.6 31.0 75.0 29.3 49.4 29.5 178.6 11.7 447.5 233.3 214.2 85.6 384.5 30.8 73.4 26.3 41.1 26.7 174.2 12.1 457.1 242.8 214.3 93.5 394.1 31.1 74.0 27.5 45.2 30.1 174.6 11.5 484.0 259.2 224.8 87.9 400.0 31.1 72.6 29.2 49.7 28.7 177.1 11.5 502.1 266.9 235.2 88.5 411.2 31.1 76.7 30.2 52.4 29.2 179.7 11.9 499.8 265.6 234.2 95.3 413.1 30.8 76.6 30.4 50.3 30.0 183.0 11.9 48 49 50 671.0 392.1 101.0 800.6 475.8 116.7 728.0 429.6 110.3 758.4 454.6 115.2 802.9 459.9 104.0 812.9 469.1 111.3 828.2 519.5 136.1 51 52 53 54 962.1 890.1 697.7 1,320.4 1,159.7 1,104.4 843.5 1,592.8 1,047.3 968.4 763.4 1,414.2 1,097.8 1,015.5 827.9 1,485.4 1,158.7 1,114.6 842.6 1,598.7 1,170.7 1,143.0 845.2 1,641.8 1,211.6 1,144.5 858.4 1,645.4 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. 2009 2010 IV Exports of goods and services............................ Exports of goods 1 ...................... Foods, feeds, and beverages.... Industrial supplies and materials................................. Durable goods....................... Nondurable g oods................ Capital goods, except automotive.............................. Civilian aircraft, engines, and p a rts................................... Computers, peripherals, and 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 fe e s........ Other private services............... Other............................................ Residual........................................... Imports of goods and services............................ Imports of goods 1....................... Foods, feeds, and beverages.... Industrial supplies and materials, except petroleum and products.......................... Durable g oods....................... Nondurable g oods................ Petroleum and products............ Capital goods, except automotive.............................. Civilian aircraft, engines, and p a rts................................... Computers, peripherals, and p a rts 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 fe e s........ Other private services............... Other............................................ Residual........................................... Addenda: Exports of durable goods.......... Exports of nondurable goods.... Exports of agricultural g o o d s3 Exports of nonagricultural goods...................................... Imports of durable goods.......... Imports of nondurable goods.... Imports of nonpetroleum goods 1 1,490.7 2 1,018.2 3 70.5 2009 2010 IV I II III IV 1,665.4 1,166.8 76.1 1,573.5 1,091.7 77.8 1,616.4 1,128.0 77.6 1,652.1 1,159.2 70.4 1,679.3 1,175.8 74.3 1,713.9 1,204.1 82.2 4 5 6 278.1 91.2 186.8 320.0 106.0 213.8 296.0 97.3 198.6 309.3 100.2 208.9 321.9 108.6 213.2 319.4 106.7 212.7 329.3 108.6 220.5 / 392.9 447.7 410.0 424.7 443.6 457.9 464.6 8 62.5 58.3 63.3 57.7 56.6 61.1 58.0 q 10 280.3 332.7 294.1 313.5 331.8 339.3 346.4 11 78.4 106.8 96.1 103.7 108.5 106.7 108.2 12 13 14 15 16 141.8 72.6 69.0 49.7 472.0 154.6 85.3 69.5 54.6 499.3 149.3 77.8 71.3 54.0 482.0 153.2 80.3 72.7 51.4 488.9 151.4 84.6 67.0 57.3 493.6 154.1 86.5 67.7 57.8 504.2 159.9 89.6 70.5 51.8 510.5 17 18 19 20 21 22 23 24 14.4 86.7 24.9 32.4 82.0 217.5 14.0 7.8 15.6 93.0 23.9 35.5 89.9 227.2 14.2 2.8 12.4 87.1 23.9 34.2 89.1 221.7 13.6 7.9 14.3 91.0 23.3 35.1 87.7 222.9 14.4 5.6 15.1 91.1 23.0 35.7 89.7 224.9 14.1 1.6 16.6 94.3 24.3 35.4 90.7 228.9 14.0 1.9 16.5 95.6 25.0 35.8 91.4 232.0 14.1 2.3 25 26 27 1,853.8 1,513.5 68.3 2,086.6 1,735.2 70.3 1,903.6 1,566.1 67.6 1,954.8 1,611.0 70.4 2,101.1 1,753.9 71.3 2,184.3 1,825.5 71.2 2,106.1 1,750.4 68.3 28 29 30 31 186.7 86.0 101.8 229.9 214.3 98.9 116.5 231.4 192.8 87.2 106.8 209.7 205.9 95.4 111.4 208.0 220.5 103.7 117.5 240.4 220.8 101.5 120.6 263.2 210.0 95.2 116.3 214.1 32 382.6 468.8 408.6 423.6 468.0 486.1 497.4 33 25.0 24.7 25.0 24.3 24.3 25.4 24.9 34 3b 242.0 298.0 248.7 261.5 291.6 314.5 324.5 36 150.4 213.7 186.6 192.0 219.1 227.2 216.5 37 38 39 40 41 42 43 44 45 46 47 48 49 414.6 219.4 195.0 77.2 340.5 25.3 65.4 21.6 43.2 23.0 149.7 10.6 -0.2 467.5 254.7 212.8 80.6 352.4 26.0 62.8 21.4 48.2 26.6 156.0 10.3 -21.0 430.6 226.6 203.8 77.1 338.3 24.0 61.8 21.1 42.5 24.2 152.2 10.8 -15.8 438.6 236.4 202.2 83.2 344.6 24.5 62.2 21.1 45.7 27.2 152.5 10.2 -20.2 464.1 253.1 211.1 77.6 348.3 26.0 61.2 20.7 48.7 26.0 154.6 10.2 -18.8 483.8 264.5 219.4 78.0 360.1 27.5 64.4 22.3 50.4 26.3 157.5 10.5 -13.7 483.5 264.9 218.8 83.6 356.7 25.9 63.4 21.7 47.8 27.0 159.4 10.4 -32.0 50 51 52 660.2 350.9 77.7 773.8 386.8 84.3 708.9 375.0 84.2 735.4 385.0 87.1 775.4 378.7 79.0 787.2 383.4 81.7 797.2 400.0 89.5 53 54 55 56 938.5 870.6 633.7 1,276.0 1,081.1 1,067.1 667.4 1,506.1 1,005.0 940.2 620.7 1,357.6 1,038.4 982.3 626.3 1,408.6 1,080.1 1,074.5 677.8 1,512.3 1,093.6 1,108.2 714.1 1,556.9 1,112.2 1,103.4 651.2 1,546.6 1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services. 2. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggre gate series; accurate estimates of these contributions are shown in table 4.2.2 and real growth rates are shown in table 4.2.1. 3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable nonautomotive consumer goods. N ote . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currc'.S 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. For exports and for imports, the residual line is the difference between the aggregate line and the sum of the most detailed lines. February 2011 S urvey of D-39 C u r r e n t B u s in e s s 5. Saving and Investm ent Table 5.1. Saving and Investment by Sector [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 2010 IV Gross saving............................................................................................................................................ Net s aving.......................................................................................................................................................... Net private savinq.......................................................................................................................................... Domestic business................................................................................................................................... Undistributed corporate profits........................................................................................................... Inventory valuation adjustment, corporate........................................................................................ Capital consumption adjustment, corporate..................................................................................... Households and institutions.................................................................................................................... Personal saving..................................................................................................................................... Wage accruals less disbursements.................................................................................................... Net government saving Federal..................... State and local......... Consumption of fixed capital Private.......................... Domestic business.. Households and institutions.................................................................................................................... Government.................. Federal....................................................................................................................................................... State and local........................................................................................................................................... 1 ? 3 4 S fi 7 8 9 10 11 1? 13 14 15 16 17 18 19 20 1,533.8 -327.4 944.5 284.2 342.9 11.9 -70.6 660.3 655.3 5.0 -1,271.9 -1,251.7 -20.1 1,861.1 1,535.8 1,245.2 290.6 325.3 124.3 200.9 Gross domestic investment, capital account transactions, and net lending, NIPAs............. Gross domestic investment........................................................................................................................... Gross private domestic investment............................................................................................................ Domestic business................................................................................................................................... Households and institutions Gross government investment. Federal.................................. State and local...................... Capital account transactions (n e t)1 Private............................................................................................................................................................. Domestic business.............. Households and institutions.................................................................................................................... Government.................................................................................................................................................... Federal............................................... State and local................................... Net lending or net borrowing (-), NIPAs Private.................................................... Domestic business................................................................................................................................... Households and institutions.................................................................................................................... Government.................. Federal..................... State and local......... ?1 22 23 24 25 26 27 28 ?9 30 31 32 33 34 35 36 37 38 39 40 41 4? 1,712.9 2,092.6 1,589.2 1,176.5 412.7 503.4 152.4 351.0 0.6 -142.2 -125.0 -17.3 142.8 196.8 -54.0 -380.3 1,212.5 657.0 555.5 -1,592.7 -1,476.6 -116.1 Statistical discrepancy.......................................................................................................................... 43 Addenda: Gross private saving................................................................................................................................... Domestic business................................................................................................................................... Households and institutions.................................................................................................................... Gross government saving............................................................................................................................. Federal....................................................................................................................................................... State and local......... Net domestic investment.............................................................................................................................. Private...................... Domestic business Households and institutions................................................................................................................ Government............. Federal................ State and local.... Gross saving as a percentage of gross national incom e.................................................................. Net saving as a percentage of gross national income....................................................................... Disaster losses 2 ......................................................................................................................................... Private................................... Domestic business.......... Households and institutions................................................................................................................ Government.......................... Federal................................................................................................................................................... State and local....................................................................................................................................... 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 I II III IV 1,562.5 -289.8 1 006.7 390.6 520.8 -67.2 -63.0 616.0 616.0 0.0 -1,296.4 -1 310.3 13.9 1,852.2 1,525.5 1,234.7 290.8 326.8 125.9 200.8 1,621.5 -230.9 1 054 8 443.0 649.4 -36.4 -169.9 611.8 611.8 0.0 -1,285.7 -1 314 2 28.6 1,852.4 1,522.8 1,231.1 291.7 329.6 127.3 202.3 1,723.9 -136.5 1 184 3 480.1 654.2 -3.5 -170.7 704.3 704.3 0.0 -1,320.8 -1 336 5 15.8 1,860.4 1,527.4 1,236.9 290.5 333.0 128.8 204.2 1,728.3 -143.6 1 152 9 474.2 679.9 -36.4 -169.3 678.7 678.7 0.0 -1 296.5 -1 344 3 47.7 1,871.9 1,535.5 1,243.0 292.5 336.4 130.2 206.1 1,737.6 2,138.2 1,637.7 1,225.7 412.0 500.5 158.1 342.4 0.7 -116.9 -90.4 -26.4 117.6 179.4 -61.8 -401.3 1,186.5 665.2 521.3 -1,587.8 -1,521.9 -65.9 1,785.7 2,230.7 1,739.7 1,337.2 402.6 491.0 160.8 330.2 0.4 -94.0 -72.7 -21.3 94.4 135.9 -41.5 -445.4 1,096.0 573.8 522.1 -1,541.4 -1,483.6 -5 7 7 1,855.0 2,347.4 1,841.8 1,423.6 418.2 505.6 168.2 337.4 0.5 -126.6 -102.2 -24.3 127.1 176.1 -49.1 -493.0 1,127.5 526.6 600.9 -1,620.5 -1,552.1 -68.4 1,912.4 2,426.4 1,907.2 1,512.9 394.3 519.3 172.3 346.9 0.6 -57.3 -29.0 -28.4 57.9 117.0 -59.1 -514.6 1,022.8 417.4 605.4 -1,537.3 -1,503.4 -34.0 179.1 175.2 164.2 131.1 184.1 2 480 3 1,529 4 950.9 -946.6 -1,127.4 180.8 231.5 53.4 -68.7 122.0 178.1 28.1 150.0 10.9 -2.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2 532 1 1 625 3 906.8 -969.7 -1,184.4 214.7 286.0 112.3 -9.0 121.2 173.8 32.2 141.6 11.0 -2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2 577 5 1 674 1 903.4 -956.0 -1 186 9 230.9 378.3 217.0 106.1 110.9 161.3 33.5 127.8 11.2 -1.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2711 7 1 716 9 994.8 -987.8 -1,207 8 220.0 487.1 314.4 186.8 127.6 172.6 39.4 133.2 11.8 -0.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2 688 5 1 7172 971.3 -960.2 -1 214 0 253.9 554.5 371.6 269.9 101.8 182.9 42.1 140.8 11.7 -1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -131.4 655.1 655.1 0.0 1,868.7 1,533.8 1,241.4 292.4 334.8 129.7 205.2 2,332.9 1,821.4 1,418.2 403.2 511.5 171.1 340.5 947.6 464.2 287.5 176.8 110.8 176.7 41.4 135.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -15.8 625.8 625.8 0.0 1,890.0 1,549.7 1,254.6 295.0 340.3 132.3 208.0 2,326.9 1,796.7 1,398.9 397.8 530.2 182.9 347.3 920.8 437.0 247.0 144.3 102.7 189.9 50.6 139.3 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. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 National Data D-40 February 2011 Table 5.3.1. Percent Change From Preceding Period in Real Private Fixed Investment by Type [Percent] Seasonally adjusted at annual rates Line 2009 2010 2009 2010 IV Private fixed investment........................................................................................................................ Nonresidential...................... Structures......................... Commercial and health c a re ................................................................................................................... Manufacturing................ Power and communication .............................................................................................................. Mining exploration, shafts, and wells...................................................................................................... Other structures ' ....................... Equipment and software............. Information processing equipment and software.................................................................................. Computers and peripheral equipment............................................................................................... Software 2 ............................................................................................................................................. Other 3............ Industrial equipment.................................................................................................................................. Transportation equipment......................................................................................................................... Other equipm ent4..................................................................................................................................... Residential.... Structures. Permanent s ite .......................................................................................................................................... Single fam ily.......................................................................................................................................... Multifamily.............................................................................................................................................. Other structures 5...................................................................................................................................... Equipment..................................................................................................................................................... Addenda: Private fixed investment in structures......................................................................................................... Private fixed investment in equipment and software................................................................................ Private fixed investment in new structures6.............................................................................................. Nonresidential structures........................ Residential structures............................. I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 -18.3 -17.1 -20.4 -29.9 7.6 2.5 -35.5 -18.7 -15.3 0.2 -1.5 1.7 -1.1 -23.3 -51.5 -22.3 -22.9 -23.2 -40.0 -40.8 -36.7 -6.5 -7.1 3.8 5.5 -14.0 -25.0 -31.8 -11.4 26.5 -27.2 15.1 13.4 27.5 9.7 12.5 5.8 60.7 8.9 -3.0 -3.2 -3.7 8.7 -49.9 -3.0 8.2 -1.3 -1.4 -29.2 -34.8 -41.8 -19.3 -10.4 -37.5 14.6 22.4 80.6 14.2 13.5 -3.0 40.2 -4.3 -0.8 -1.1 -1.4 18.8 -60.1 -1.0 11.2 3.3 7.8 -17.8 -28.5 -43.8 -33.7 93.4 -36.0 20.4 8.4 4.8 9.2 8.8 0.2 173.9 32.7 -12.3 -12.8 1.2 19.3 -64.9 -20.7 11.2 18.9 17.2 -0.5 -18.0 -18.3 -7.1 58.2 -16.0 24.8 15.3 45.2 8.1 13.0 44.2 74.8 16.2 25.7 26.2 13.5 22.4 -38.2 34.8 8.3 1.5 10.0 -3.5 -11.4 -39.4 -26.6 64.4 -15.4 15.4 8.8 1.3 9.8 11.1 6.9 64.4 19.4 -27.3 -28.0 -23.6 -26.3 4.2 -30.5 2.4 4.2 4.4 0.8 -4.9 -25.1 31.6 4.6 -14.4 5.8 12.7 29.5 8.6 10.9 12.2 -26.6 3.4 3.4 3.2 -14.5 -16.8 5.9 15.7 10.3 24 25 26 27 28 -21.6 -15.2 -22.5 -20.3 -25.6 -9.3 15.1 -9.6 -13.9 -3.1 -17.8 14.6 -21.3 -29.1 -8.1 -15.5 20.3 -11.9 -17.5 -3.5 11.3 24.6 6.8 -0.4 17.4 -15.8 15.3 -9.2 -3.4 -16.5 1.9 5.8 -0.9 0.8 -3.1 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. Excludes software “embedded,” or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. Table 5.3.2. Contributions to Percent Change in Real Private Fixed Investment by Type Seasonally adjusted at annual rates Line 2009 2010 2009 2010 IV Percent change at annual rate: Private fixed investment........................................................................................................................ Percentage points at annual rates: Nonresidential.................................................................................................................................................. Structures..................................................................................................................................................... Commercial and health c a re ................................................................................................................... Manufacturing................ Power and communication....................................................................................................................... Mining exploration, shafts, and wells...................................................................................................... Other structures1...................................................................................................................................... Equipment and software............................................................................................................................ Information processing equipment and software.................................................................................. Computers and peripheral equipment.......... Software 2 .............................................................................................................................................. Other 3............ Industrial equipment.................................................................................................................................. Transportation equipment......................................................................................................................... Other equipm ent4..................................................................................................................................... Residential......................................................................................................................................................... Structures..................................................................................................................................................... Permanent s ite .......................................................................................................................................... Single fam ily.......................................................................................................................................... Multifamily.............................................................................................................................................. Other structures 5...................................................................................................................................... Equipment...................................................................................................................................................... Addenda: Private fixed investment in structures.......................................................................................................... Private fixed investment in equipment and software................................................................................ Private fixed investment in new structures6.............................................................................................. Nonresidential structures.......................................................................................................................... Residential structures............................................................................................................................... I II 1 -18.3 3.8 -1.3 3.3 18.9 1.5 4.2 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 -13.34 -5.52 -2.58 0.21 0.11 -2.34 -0.92 -7.81 0.05 -0.06 0.21 -0.10 -2.14 -3.65 -2.07 -5.01 -4.97 -4.27 -3.50 -0.77 -0.70 -0.03 4.38 -3.65 -1.84 -1.16 -0.61 1.27 -1.31 8.03 4.13 1.27 1.47 1.39 0.53 2.57 0.81 -0.62 -0.66 -0.29 0.54 -0.83 -0.37 0.04 -1.11 -8.52 -2.88 -1.86 -1.19 -0.49 -2.10 7.41 6.51 2.96 2.08 1.47 -0.27 1.56 -0.40 -0.18 -0.24 -0.12 1.10 -1.21 -0.12 0.06 6.03 -4.52 -2.05 -1.74 -2.14 3.18 -1.78 10.55 2.70 0.25 1.43 1.02 0.02 5.25 2.59 -2.69 -2.75 0.09 1.18 -1.09 -2.84 0.06 13.92 0.14 -1.07 -0.53 -0.35 2.67 -0.59 13.79 5.10 2.17 1.34 1.59 3.48 3.62 1.58 4.95 4.90 1.06 1.45 -0.39 3.84 0.04 7.70 -0.77 -0.63 -1.20 -1.41 3.04 -0.56 8.46 2.82 0.07 1.50 1.25 0.62 3.33 1.70 -6.21 -6.22 -1.96 -1.99 0.03 -4.26 0.01 3.60 0.19 -0.25 -0.62 1.26 0.30 -0.49 3.41 4.09 1.48 1.35 1.26 1.09 -2.10 0.33 0.63 0.58 -1.08 -1.12 0.04 1.66 0.05 24 25 26 27 28 -10.50 -7.85 -10.28 -5.51 -4.77 -4.31 8.08 -4.14 -3.61 -0.53 -8.76 7.46 -9.88 -8.47 -1.42 -7.27 10.60 -5.05 -4.46 -0.59 5.04 13.83 3.00 0.15 2.85 -6.98 8.48 -3.62 -0.74 -2.88 0.77 3.47 -0.31 0.18 -0.48 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. Excludes software “embedded,” or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. IV III February 2011 S urvey of D-41 C u r r e n t B u s in e s s Table 5.3.3. Real Private Fixed Investment by Type, Quantity Indexes [Index numbers, 2005=100] Seasonally adjusted Line Private fixed investment....................................................................................................................... Nonresidential.................................................................................................................................................. S tructures.......................................................... Commercial and health ca re ........................ Manufacturing................................................. Power and communication........................... Mining exploration, shafts, and wells........... Other structures 1........................................... Equipment and software................................. Information processing equipment and software.................................................................................. Computers and peripheral equipment.... Software 2 .................................................. O th e r3......................................................... Industrial equipment................................................................................................................................. Transportation equipment........................................................................................................................ Other equipm ent4.... Residential....................... Structures.................... Permanent s ite .......................................................................................................................................... Single family.......................................................................................................................................... Multifamily............................................................................................................................................. Other structures5...................................................................................................................................... Equipment...... Addenda: Private fixed investment in structures......................................................................................................... Private fixed investment in equipment and software................................................................................ Private fixed investment in new structures6.............................................................................................. Nonresidential structures.................. Residential structures........................ 2009 2010 2009 2010 IV I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 76.835 95.804 105.064 78.754 174.631 167.925 83.433 115.316 92.035 125.368 156.682 118.929 120.829 82.784 38.207 77.020 44.220 43.638 27.025 24.324 49.595 71.926 91.636 79.729 101.107 90.322 59.103 119.116 148.796 105.503 83.985 105.952 142.131 199.839 130.425 135.964 87.592 61.411 83.911 42.908 42.221 26.024 26.441 24.847 69.787 99.150 76.198 94.879 95.310 67.889 154.206 170.722 76.540 99.916 94.895 133.164 180.635 123.600 127.510 80.385 41.000 74.133 44.092 43.476 26.444 25.577 34.990 72.464 94.261 76.826 96.677 90.761 62.430 133.491 154.038 90.256 89.368 99.408 135.861 182.749 126.350 130.239 80.422 52.744 79.571 42.670 42.007 26.520 26.732 26.926 68.392 96.793 80.219 100.592 90.649 59.416 126.895 151.234 101.224 85.567 105.067 140.775 200.624 128.839 134.286 88.127 60.651 82.614 45.177 44.520 27.376 28.115 23.876 73.694 98.733 80.517 103.019 89.848 57.644 111.942 139.990 114.617 82.062 108.898 143.763 201.263 131.877 137.856 89.605 68.682 86.365 41.719 41.016 25.593 26.046 24.120 67.279 99.309 81.356 104.142 90.031 56.924 104.135 149.924 115.914 78.942 110.434 148.126 214.720 134.635 141.475 92.213 63.569 87.092 42.068 41.340 24.607 24.873 24.466 69.783 101.765 24 25 26 27 28 64.317 92.031 65.466 105.306 42.105 58.317 105.887 59.153 90.680 40.786 60.837 94.888 61.073 95.602 40.912 58.325 99.383 59.161 91.101 40.547 59.905 105.006 60.145 91.001 42.208 57.383 108.807 58.716 90.223 40.353 57.653 110.351 58.588 90.395 40.037 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. Excludes software “embedded”, or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers' commissions on the sale of structures. Table 5.3.4. Price Indexes for Private Fixed Investment by Type [Index numbers, 2005=100] Seasonally adjusted Line Private fixed investment....................................................................................................................... Nonresidential.................................................................................................................................................. Structures................................ Commercial and health care Manufacturing....................... Power and communication Mining exploration, shafts, and wells...................................................................................................... Other structures 1........................................... Equipment and software................................. Information processing equipment and software.................................................................................. Computers and peripheral equipment.... Software 2 ............................................................................................................................................. O th e r3................... Industrial equipment. Transportation equipment......................................................................................................................... Other equipm ent4.... Residential........................................................................................................................................................ Structures....... Permanent s ite .......................................................................................................................................... Single fam ily.......................................................................................................................................... Multifamily.............................................................................................................................................. Other structures 5...................................................................................................................................... Equipment..................................................................................................................................................... Addenda: Private fixed investment in structures......................................................................................................... Private fixed investment in equipment and software................................................................................ Private fixed investment in new structures 6.............................................................................................. Nonresidential structures.......................................................................................................................... Residential structures............................................................................................................................... 2009 2010 2009 2010 IV I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 105.260 105.700 122.187 119.695 120.815 120.791 132.162 114.059 99.620 89.062 64.734 100.364 88.358 113.766 109.977 112.772 102.736 102.758 102.804 99.893 120.414 102.448 99.815 103.613 103.711 120.409 115.803 118.172 122.260 130.449 110.907 97.710 87.354 61.767 99.420 86.556 115.051 100.919 111.236 102.356 102.532 101.246 98.234 119.306 103.103 93.930 104.030 104.144 119.017 116.716 117.989 118.579 126.324 111.674 98.721 88.285 63.072 99.973 87.661 114.098 105.729 112.063 102.712 102.816 102.331 99.287 120.584 102.874 96.720 103.661 103.639 119.291 116.128 117.803 119.713 127.720 111.291 97.954 87.923 62.638 99.700 87.249 114.362 101.206 110.841 102.869 103.004 102.055 99.020 120.259 103.356 95.771 103.487 103.636 119.887 115.560 117.989 121.865 129.287 110.679 97.764 87.583 61.989 99.538 86.909 114.891 100.648 110.947 102.030 102.175 100.505 97.516 118.433 102.991 94.639 103.523 103.689 120.755 115.674 118.282 123.192 131.340 110.646 97.574 87.121 61.448 99.233 86.333 115.168 100.465 111.558 101.994 102.166 100.884 97.883 118.879 102.736 93.667 103.782 103.883 121.705 115.852 118.613 124.272 133.449 111.012 97.547 86.787 60.995 99.207 85.732 115.782 101.357 111.597 102.531 102.783 101.538 98.518 119.650 103.329 91.642 24 25 26 27 28 110.622 99.622 112.275 122.394 104.411 109.573 97.675 111.326 120.616 104.557 109.042 98.702 110.550 119.205 104.493 109.269 97.934 110.840 119.484 104.810 109.140 97.734 110.818 120.089 104.053 109.556 97.538 111.383 120.966 104.273 110.326 97.493 112.264 121.926 105.093 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. Excludes software “embedded," or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. National Data D-42 February 2011 Table 5.3.5. Private Fixed Investment by Type [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 2010 2009 IV Private fixed investment........................................................................................................................ Nonresidential...................... Structures......................... Commercial and health c a re ................................................................................................................... Manufacturing................. Power and communication .............................................................................................................. Mining exploration, shafts, and wells...................................................................................................... Other structures 1....................... Equipment and software............. Information processing equipment and software.................................................................................. Computers and peripheral equipment............................................................................................... Software 2 .............................................................................................................................................. O th e r3............ Industrial equipment.................................................................................................................................. Transportation equipment......................................................................................................................... Other equipm ent4..................................................................................................................................... Residential.... Structures. Permanent s ite .......................................................................................................................................... Single fam ily.......................................................................................................................................... Multifamily.............................................................................................................................................. Other structures 5...................................................................................................................................... Equipment..................................................................................................................................................... Addenda: Private fixed investment in structures......................................................................................................... Private fixed investment in equipment and software................................................................................ Private fixed investment in new structures 6.............................................................................................. Nonresidential structures........................ Residential structures............................. I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 1,716.4 1,364.4 451.6 128.1 63.1 91.6 85.0 83.8 912.8 530.7 80.0 260.2 190.4 150.4 76.4 155.4 352.1 343.1 133.6 105.3 28.2 209.5 8.9 1,752.8 1,412.5 381.8 92.7 42.1 82.2 105.6 59.2 1,030.7 590.2 97.6 282.7 210.0 160.9 112.6 166.9 340.4 331.2 126.6 112.6 14.0 204.6 9.1 1,681.9 1,330.9 398.2 107.4 54.4 91.5 74.1 71.0 932.7 559.0 90.1 269.4 199.5 146.4 78.8 148.6 351.0 342.1 130.0 110.1 20.0 212.0 8.9 1,689.8 1,349.6 380.1 98.2 47.0 83.3 88.3 63.3 969.5 568.0 90.5 274.7 202.8 146.8 97.0 157.7 340.2 331.1 130.1 114.8 15.3 201.0 9.1 1,761.4 1,404.2 381.5 93.0 44.7 83.3 100.2 60.2 1,022.7 586.2 98.4 279.6 208.3 161.6 110.9 163.9 357.2 348.1 132.2 118.9 13.4 215.9 9.1 1,768.6 1,438.8 380.9 90.3 39.6 77.9 115.3 57.7 1,057.9 595.5 97.8 285.3 212.4 164.7 125.4 172.3 329.8 320.7 124.1 110.5 13.6 196.6 9.1 1,791.5 1,457.2 384.7 89.4 36.9 84.2 118.5 55.7 1,072.5 611.2 103.6 291.2 216.4 170.4 117.1 173.8 334.3 325.1 120.1 106.2 13.8 205.1 9.1 24 25 26 27 28 794.7 921.7 740.3 451.5 288.8 713.0 1,039.8 662.5 382.4 280.1 740.3 941.6 679.2 398.5 280.8 711.2 978.6 659.7 380.6 279.1 729.6 1,031.8 670.5 382.1 288.4 701.5 1,067.0 657.9 381.6 276.3 709.8 1,081.7 661.7 385.4 276.3 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. Excludes software “embedded,” or bundled, in computers and other equipment. 3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures. 6. Excludes net purchases of used structures and brokers' commissions on the sale of structures. Table 5.3.6. Real Private Fixed Investment by Type, Chained Dollars [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2010 I IV Private fixed investment........................................................................................................................ Nonresidential.................................................................................................................................................. Structures..................................................................................................................................................... Commercial and health c a re ................................................................................................................... Manufacturing.............................. Power and communication........ Mining exploration, shafts, and wells...................................................................................................... Other structures 1....................... Equipment and software............................................................................................................................ Information processing equipment and software.................................................................................. Computers and peripheral equipm ent2............................................................................................ Software 3 ............................... O th er4..................................... Industrial equipment................... Transportation equipment.......... Other equipm ent5...................... Residential......................................................................................................................................................... Structures...................................................................................................................................................... Permanent s ite .......................................................................................................................................... Single family... Multifamily.............................................................................................................................................. Other structures 6...................................................................................................................................... Equipment............. R esidual.............................................................................................................................................................. Addenda: Private fixed investment in structures.......................................................................................................... Private fixed investment in equipment and software................................................................................ Private fixed investment in new structures 7.............................................................................................. Nonresidential structures.......................................................................................................................... Residential structures............................................................................................................................... 2010 2009 II iV III 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1,630.7 1,290.8 369.6 107.0 52.2 75.8 64.3 73.5 916.3 595.8 1,692.1 1,362.2 317.7 80.3 35.6 67.2 81.3 53.5 1,054.8 675.5 1,617.1 1,278.3 335.3 92.3 46.1 77.1 59.0 63.7 944.7 632.9 1,630.5 1,302.6 319.3 84.9 39.9 69.6 69.6 57.0 989.7 645.7 1,702.5 1,355.3 318.9 80.8 37.9 68.3 78.0 54.5 1,046.0 669.1 1,708.8 1,388.0 316.0 78.4 33.5 63.2 88.3 52.3 1,084.2 683.3 1,726.6 1,403.1 316.7 77.4 31.1 67.7 89.3 50.3 1,099.5 704.0 259.3 215.5 132.2 69.4 137.8 342.7 333.9 129.9 105.4 23.5 204.5 9.0 -22.3 284.3 242.5 139.8 111.6 150.2 332.5 323.1 125.1 114.6 11.8 198.4 9.7 -46.4 269.5 227.4 128.3 74.5 132.7 341.7 332.7 127.1 110.9 16.6 206.1 9.2 -38.8 275.4 232.3 128.4 95.8 142.4 330.7 321.4 127.5 115.9 12.7 194.5 9.5 -41.6 280.9 239.5 140.7 110.2 147.8 350.1 340.7 131.6 121.9 11.3 209.6 9.7 -46.9 287.5 245.9 143.0 124.8 154.5 323.3 313.8 123.1 112.9 11.4 191.3 9.7 -46.7 293.5 252.4 147.2 115.5 155.8 326.0 316.3 118.3 107.8 11.6 198.4 10.0 -50.8 25 26 27 28 29 718.4 925.2 659.4 368.9 276.6 651.4 1,064.5 595.8 317.7 267.9 679.5 954.0 615.1 334.9 268.7 651.4 999.1 595.9 319.2 266.3 669.1 1,055.7 605.8 318.8 277.3 640.9 1,093.9 591.4 316.1 265.1 643.9 1,109.4 590.1 316.7 263.0 1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures. 2. The quantity index for computers can be used to accurately measure the real growth rate of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 5.3.2 and real growth rates are shown in table 5.3.1. 3. Excludes software “embedded,” or bundled, in computers and other equipment. 4. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment. 5. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified. 6. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures. 7. Excludes net purchases of used structures and brokers’ commissions on the sale of structures. N o te . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. February 2011 S urvey of D-43 C u r r e n t B u s in e s s Table 5.6.5B. Change in Private Inventories by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV Change in private inventories............................................................................................................. Farm .................................................................................................................................................................... Mining, utilities, and construction..................................................................................................................... Manufacturing..................... Durable goods industries.............................................................................................................................. Nondurable goods industries....................................................................................................................... Wholesale trade.................................................................................................................................................. Durable goods industries.............................................................................................................................. Nondurable goods industries....................................................................................................................... Retail trade......................................................................................................................................................... Motor vehicle and parts dealers.................................................................................................................. Food and beverage stores General merchandise stores....................................................................................................................... Other retail stores Other industries.................................................................................................................................................. Addenda: Change in private inventories...................................................................................................................... Durable goods industries .................................................................................................................. Nondurable goods industries. Nonfarm industries..................... Nonfarm change in book value 1............................................................................................................ Nonfarm inventory valuation adjustm ent2 ............................................................................................ Wholesale tra d e ............................................................................................................................................ Merchant wholesale trade Durable goods industries... Nondurable goods industries............................................................................................................... Nonmerchant wholesale trade................................................................................................................. 2010 I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 -127.2 3.8 -3.3 -30.4 -34.2 3.8 -56.0 -52.7 -3.4 -33.8 -13.3 -0.7 -3.3 -16.6 -7.5 68.5 7.2 -2.9 19.9 18.4 1.5 33.9 19.1 14.8 8.6 5.2 -0.2 1.4 2.1 1.9 -44.2 7.1 -17.3 -7.0 -21.8 14.8 -10.9 -27.5 16.6 -9.5 6.5 -3.4 -1.1 -11.5 -6.6 50.0 9.3 -11.9 23.6 9.9 13.7 15.7 9.3 6.3 13.7 12.3 1.3 -0.2 0.3 -0.3 80.4 9.6 4.9 -2.1 25.0 -27.1 36.5 12.7 23.8 27.2 17.2 -1.1 4.9 6.2 4.3 138.6 6.3 -2.9 33.6 20.8 12.7 67.6 31.7 36.0 31.6 25.0 0.4 2.3 . 3.9 2.4 5.2 3.5 -1.7 24.4 17.7 6.7 15.8 22.7 -6.8 -38.3 -33.9 -1.2 -1.3 -1.8 1.5 16 17 18 19 20 21 22 23 24 25 26 -127.2 -114.4 -12.8 -131.1 -152.7 21.6 -56.0 -45.2 -42.1 -3.0 -10.9 68.5 41.8 26.7 61.4 111.7 -50.4 33.9 22.6 13.3 9.2 11.3 -44.2 -60.2 16.0 -51.3 25.1 -76.3 -10.9 -8.0 -23.2 15.2 -2.9 50.0 26.7 23.2 40.7 93.6 -53.0 15.7 7.2 6.3 0.9 8.4 80.4 55.3 25.1 70.8 67.3 3.5 36.5 22.0 7.8 14.2 14.5 138.6 77.4 61.2 132.2 174.5 -42.3 67.6 53.7 23.5 30.2 14.0 5.2 7.8 -2.6 1.8 111.5 -109.7 15.8 7.5 15.8 -8.3 8.4 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) underlying inventories derived primarily from Census Bureau statistics (see footnote 1). This mix differs from that underlying business income derived primarily from Internal Revenue Service statistics. N ote . Estimates in this table are based on the North American Industry Classification System (NAICS). Table 5.6.6B. Change in Real Private Inventories by Industry, Chained Dollars [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Line 2009 2010 2009 IV 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.................................................................................................................................................. R esidual.............................................................................................................................................................. Addenda: Change in private inventories...................................................................................................................... Durable goods industries.......................................................................................................................... Nondurable goods industries................................................................................................................... Nonfarm industries........ Wholesale tra d e ............ Merchant wholesale tra d e ....................................................................................................................... Durable goods industries..................................................................................................................... Nondurable goods industries............................................................................................................... Nonmerchant wholesale trade................................................................................................................. 2010 I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 -113.1 3.4 -2.8 -26.6 -31.5 3.8 -48.9 -48.7 -2.2 -31.4 -13.0 -0.6 -3.0 -15.0 -6.9 3.4 60.4 6.1 -2.5 17.0 16.3 1.0 29.0 17.1 12.1 7.9 4.9 -0.1 1.3 2.0 1.8 0.4 -36.7 6.4 -15.7 -4.6 -20.0 13.8 -8.7 -24.9 13.9 -8.8 6.2 -2.9 -1.0 -10.3 -6.0 3.8 44.1 7.6 -10.4 21.0 8.9 11.9 13.2 8.3 4.9 12.6 11.9 1.1 -0.2 0.3 -0.2 0.0 68.8 7.8 4.3 -3.4 22.1 -24.4 31.2 11.4 19.0 24.9 16.6 -0.9 4.4 5.6 3.9 -1.0 121.4 5.1 -2.6 29.6 18.5 11.1 57.3 28.3 28.3 28.7 23.7 0.3 2.1 3.5 2.1 1.0 7.2 3.9 -1.5 20.7 15.5 5.4 14.2 20.3 -4.0 -34.6 -32.4 -1.0 -1.2 -1.6 1.3 2.5 17 18 19 20 21 22 23 24 25 -113.1 -106.7 -9.6 -116.9 -48.9 -39.5 -38.8 -2.1 -9.5 60.4 37.9 23.1 54.2 29.0 19.4 11.9 7.6 9.5 -36.7 -55.6 16.3 -43.0 -8.7 -6.8 -20.9 12.3 -1.9 44.1 24.4 20.0 36.5 13.2 6.1 5.7 0.7 6.9 68.8 50.0 19.8 61.0 31.2 18.7 7.0 11.2 12.4 121.4 69.9 52.3 116.6 57.3 45.3 21.0 23.6 12.0 7.2 7.0 0.5 2.8 14.2 7.3 14.1 -5.1 6.8 N o te . Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2005) dollar series for real change in private inventories are calculated as the period-to-period change in chained-dollar end-of-period inventories. Quarterly changes in end-of-period inventories are stated at annual rates. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines. National Data D-44 February 2011 Table 5.7.5B. Private Inventories and Domestic Final Sales by Industry [Billions of dollars] Seasonally adjusted quarterly totals Line 2009 2010 I IV Private inventories 1 .............................................................................................................................. Mining, utilities, and construction.................................................................................................................... Manufacturing..................................................................................................................................................... Durable goods industries.. Nondurable goods industries........................................................................................................................ Wholesale tra d e .................... Durable goods industries.. Nondurable goods industries Retail trade............................. Motor vehicle and parts dealers.................................................................................................................. Food and beverage stores............................................................................................................................ General merchandise stores........................................................................................................................ Other retail stores............. Other industries..................... Addenda: Private inventories......................................................................................................................................... Durable goods industries......................................................................................................................... Nondurable goods industries Nonfarm industries........... Wholesale trade............... Merchant wholesale trade........................................................................................................................ Durable goods industries.................................................................................................................... Nondurable goods industries Nonmerchant wholesale tra d e ................................................................................................................ Final sales of domestic business 2 .................................................................................................... Final sales of goods and structures of domestic business 2...................................................... 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................................................................. II III IV 1 2 3 4 b 6 7 8 9 10 11 12 13 14 15 1,922.8 178.8 85.7 593.7 321.6 272.1 449.5 238.0 211.5 465.9 137.1 41.8 77.7 209.3 149.1 1,954.7 188.8 86.8 597.5 328.7 268.8 458.0 242.9 215.1 472.8 141.2 43.0 78.0 210.6 150.9 1,952.6 186.1 86.3 588.4 336.3 252.1 461.1 246.6 214.5 479.0 146.9 41.8 79.4 210.8 151.7 2,038.1 211.1 86.4 606.5 342.8 263.7 492.0 255.1 236.9 490.0 154.1 42.3 80.5 213.2 152.1 2,118.5 231.4 86.2 639.2 351.3 288.0 520.1 264.5 255.5 485.7 144.6 43.3 81.0 216.9 155.9 16 17 18 19 20 21 22 23 24 25 26 1,922.8 778.5 1,144.3 1,744.0 449.5 393.8 214.5 179.3 55.7 786.6 407.7 1,954.7 794.0 1,160.7 1,766.0 458.0 398.7 218.4 180.4 59.2 790.1 408.5 1,952.6 811.4 1,141.2 1,766.5 461.1 400.8 220.8 180.1 60.3 795.9 410.2 2,038.1 832.7 1,205.4 1,827.0 492.0 426.4 227.1 199.3 65.5 802.2 414.3 2,118.5 842.0 1,276.5 1,887.1 520.1 447.2 234.4 212.7 72.9 821.8 430.9 27 28 29 2.44 2.22 4.28 2.47 2.23 4.32 2.45 2.22 4.31 2.54 2.28 4.41 2.58 2.30 4.38 1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from current-dollar inventories in this table is not the current-dollar change in private inventories component of GDP. The former is the difference between two inventory stocks, each valued at its respective end-of-quarter prices. The latter is the change in the physical volume of inventories valued at average prices of the quarter. In addition, changes calculated from this table are at quarterly rates, whereas, the change in private inventories is stated at annual rates. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross output of general government, gross value added of nonprofit institutions, compensation paid to domestic workers, and imputed rental of owner-occupied nonfarm housing. It includes a small amount of final sales by farm and by government enterprises. N o te . Estimates in this table are based on the North American Industry Classification System (NAICS). Table 5.7.6B. Real Private Inventories and Real Domestic Final Sales by Industry, Chained Dollars [Billions of chained (2005) dollars] Seasonally adjusted quarterly totals Line 2009 2010 I IV Private inventories 1 .............................................................................................................................. Farm..................................................................................................................................................................... Mining, utilities, and construction.................................................................................................................... Manufacturing..................................................................................................................................................... Durable goods industries.. Nondurable goods industries Wholesale tra d e .................... Durable goods industries.. Nondurable goods industries Retail trade............................. Motor vehicle and parts dealers.................................................................................................................. Food and beverage stores General merchandise stores Other retail stores............. Other industries..................... Residual.............................................................................................................................................................. Addenda: Private inventories......................................................................................................................................... Durable goods industries......................................................................................................................... Nondurable goods industries.................................................................................................................. Nonfarm industries........... Wholesale tra d e............... Merchant wholesale trade........................................................................................................................ Durable goods industries.................................................................................................................... Nondurable goods industries.............................................................................................................. Nonmerchant wholesale tra d e ................................................................................................................ Final sales of domestic business 2 .................................................................................................... Final sales of goods and structures of domestic business 2...................................................... 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..................................................................... II III IV 1 2 3 4 b 6 7 8 9 10 11 12 13 14 15 16 1,702.2 160.3 77.9 512.5 290.9 220.9 385.9 216.2 168.3 428.2 133.5 35.6 70.8 187.7 135.5 4.6 1,713.2 162.2 75.2 517.8 293.1 223.8 389.2 218.3 169.5 431.4 136.4 35.9 70.7 187.8 135.5 4.8 1,730.4 164.1 76.3 517.0 298.6 217.8 397.0 221.2 174.2 437.6 140.6 35.6 71.9 189.2 136.5 4.4 1,760.8 165.4 75.7 524.4 303.2 220.5 411.3 228.3 181.3 444.8 146.5 35.7 72.4 190.1 137.0 4.7 1,762.5 166.4 75.3 529.5 307.1 221.9 414.8 233.3 180.3 436.1 138.4 35.4 72.1 189.7 137.3 5.3 17 18 19 20 21 22 23 24 25 26 27 1,702.2 716.1 982.3 1,541.4 385.9 338.8 194.3 143.2 47.1 732.2 393.2 1,713.2 722.2 987.3 1,550.5 389.2 340.3 195.8 143.4 48.8 734.7 396.3 1,730.4 734.7 992.2 1,565.8 397.0 345.0 197.5 146.2 51.9 735.1 395.4 1,760.8 752.2 1,005.3 1,594.9 411.3 356.3 202.8 152.1 54.9 736.0 394.7 1,762.5 754.0 1,005.4 1,595.6 414.8 358.1 206.3 150.8 56.6 756.0 412.7 28 29 30 2.32 2.11 3.92 2.33 2.11 3.91 2.35 2.13 3.96 2.39 2.17 4.04 2.33 2.11 3.87 1. Inventories are as of the end of the quarter. The quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the change in private inventories component of GDP is stated at annual rates. 2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross output of general government, gross value added of nonprofit institutions, compensation paid to domestic workers, and imputed rental of owner-occupied nonfarm housing. It includes a small amount of final sales by farm and by government enterprises. N ote . Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (2005) dollar inventory series are calculated to ensure that the chained (2005) dollar change in inventories for 2005 equals the current-dollar change in inventories for 2005 and that the average of the 2004 and 2005 end-of-year chain-weighted and fixed-weighted inventories are equal. February 2011 S urvey of D-45 C u r r e n t B u s in e s s Table 5.7.9B. Implicit Price Deflators for Private Inventories by Industry [Index numbers, 2005=100] Seasonally adjusted Line 2009 IV Private inventories1 .............................................................................................................................. Farm.................................................................................................................................................................... Mining, utilities, and construction Manufacturing......................... Durable goods industries.. Nondurable goods industries Wholesale trade................................................................................................................................................ Durable goods industries.. Nondurable goods industries Retail trade............................. Motor vehicle and parts dealers Food and beverage stores, General merchandise stores Other retail stores.............. Other industries.................................................................................................................................................. Addenda: Private inventories......................................................................................................................................... Durable goods industries........................................................................................................................ Nondurable goods industries.................................................................................................................. Nonfarm industries........................................................................................................................................ Wholesale trade............... Merchant wholesale trade Durable goods industries Nondurable goods industries Nonmerchant wholesale trade................................................................................................................ 1. Implicit price deflators are as of the end of the quarter and are consistent with inventory stocks. Estimates in this table are based on the North American Industry Classification System (NAICS). N ote 2010 I II III IV 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 112.964 111.544 110.114 115.838 110.578 123.179 116.497 110.080 125.704 108.803 102.745 117.529 109.789 111.482 110.017 114.098 116.377 115.324 115.392 112.134 120.103 117.682 111.270 126.893 109.610 103.500 119.917 110.220 112.169 111.353 112.843 113.388 113.092 113.819 112.626 115.761 116.168 111.513 123.121 109.453 104.513 117.334 110.532 111.435 111.156 115.751 127.608 114.092 115.669 113.037 119.591 119.611 111.750 130.653 110.173 105.160 118.412 111.194 112.166 111.057 120.195 139.048 114.459 120.716 114.369 129.778 125.361 113.368 141.722 111.372 104.459 122.187 112.332 114.333 113.533 16 17 18 19 20 21 22 23 24 112.964 108.717 116.494 113.147 116.497 116.250 110.346 125.205 118.292 114.098 109.939 117.566 113.894 117.682 117.178 111.536 125.786 121.292 112.843 110.436 115.017 112.821 116.168 116.198 111.771 123.150 116.146 115.751 110.708 119.900 114.551 119.611 119.691 112.023 131.025 119.273 120.195 111.674 126.962 118.268 125.361 124.860 113.641 141.028 128.748 National Data D-46 February 2011 6 . In c o m e a n d E m p lo y m e n t b y In d u s tr y Table 6.1 D. National Income Without Capital Consumption Adjustment by Industry [Billions of dollars] Seasonally adjusted at annual rates Line 2009 2010 12,173.0 12,026.8 10,429.5 99.6 196.1 184.3 518.6 1.215.2 689.8 525.4 706.1 812.4 337.9 423.2 2.200.7 1.684.8 1.244.8 453.0 352.8 1.597.2 146.3 National income without capital consumption adjustment.. Domestic industries................................................................................... 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............................................ Government...................................................................................... Rest of the w o rld ............................................................................................. 2009 12,354.4 12,188.8 10,582.2 106.1 200.5 180.3 505.4 1.232.5 717.3 515.2 696.5 815.5 339.5 449.2 2,290.4 1,694.3 1.266.6 452.0 353.5 1,606.6 165.5 2010 12,706.6 12,515.4 10,891.9 106.7 240.0 197.5 503.4 1,314.0 774.2 539.8 724.4 854.8 353.8 466.7 2,313.2 1,719.5 1.277.4 464.2 356.1 1.623.5 191.2 12,868.0 12,672.7 11,039.6 110.4 229.5 189.8 511.9 1,360.9 799.1 561.8 749.3 861.0 371.5 457.5 2,322.6 1.745.1 1.300.2 470.9 359.1 1,633.1 195.3 12.961.3 12,772.8 11.146.3 122.3 232.3 192.4 508.0 1.361.7 820.2 541.5 737.6 861.2 378.5 469.4 2.368.4 1.762.4 1.310.8 478.4 363.0 1.626.5 188.5 1. Consists of professional, scientific, and technical services; management of companies and enterprises; and administrative and waste management services. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS). N o te . Table 6.16D. Corporate Profits by Industry [Billions of dollars] Seasonally adjusted at annual rates Line C orporate p rofits w ith inventory valuation and capital consum ption adjustm ents.. Dom estic in d u s trie s .......................................................................................................................... Financial1.................................................... ............................................. Nonfinancial................................................. Rest o f the w o rld ........................................... Receipts from the rest of the world........... Less: Payments to the rest of the world.... Corporate p ro fits w ith inventory valuation a dju stm en t.................................................. Dom estic in d u s trie s .......................................................................................................................... Financial................ Federal Reserve b an ks.............................................................................................................. 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 goods 3....................................................................................................... Nondurable goods.................................................................................................................. Food and beverage and tobacco products..................................................................... Petroleum and coal products............................................................................................ Chemical products........... Other nondurable goods 4 Wholesale tra d e ........................ Retail trade................................................................................................................................... Transportation and warehousing.............................................................................................. Information................................................................................................................................... Other nonfinancial5 .................. Rest of the w o rld .............................. 2009 1,258.0 905.7 242.4 663.3 352.3 480.6 128.3 1,328.6 976.3 258.0 47.3 210.6 718.4 30.0 150.9 53.3 16.4 12.4 13.4 6.1 -23.5 28.5 97.5 35.4 15.7 36.4 10.1 80.4 99.0 24.7 83.5 250.0 352.3 2010 2009 1.418.2 1,055.7 332.4 723.2 362.6 529.1 166.5 1.481.2 1,118.6 346.7 49.6 297.1 771.9 26.4 170.9 83.9 12.0 14.3 24.1 6.3 -4.6 31.8 87.0 31.5 9.7 35.1 10.7 73.0 97.1 29.5 109.0 266.0 362.6 2010 1,566.6 1,178.1 337.6 840.4 388.5 561.4 172.9 1,736.5 1,348.0 362.7 56.9 305.8 985.3 41.5 250.4 140.1 17.4 19.9 44.8 9.2 5.7 43.2 110.3 36.6 33.5 28.7 11.6 91.5 129.1 39.4 112.9 320.4 388.5 1,614.1 1.222.7 334.2 888.6 391.3 557.5 166.1 1.784.7 1,393.4 359.4 60.3 299.1 1,034.0 32.8 277.1 147.0 17.0 23.3 51.2 9.6 8.4 37.6 130.1 35.1 55.2 30.6 9.2 107.7 126.7 52.4 104.9 332.5 391.3 1,640.1 1,257.7 368.8 888.9 382.4 566.3 183.9 1.809.3 1,427.0 393.7 59.0 334.6 1.033.3 35.2 269.2 160.5 19.6 29.1 54.6 9.4 9.8 38.1 108.7 34.0 22.7 38.4 13.6 90.2 123.2 54.3 114.6 346.6 382.4 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 financial 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. N o te . Estimates in this table are based on the 2002 North American Industry Classification System (NAICS). February 2011 S urvey of D-47 C u r r e n t B u s in e s s 7. S u p p lem en tal Tables Table 7.1. Selected Per Capita Product and Income Series in Current and Chained Dollars [Dollars] Seasonally adjusted at annual rates Line 2009 2009 2010 2010 IV Current dollars: Gross domestic product............................................................................................................................... Gross national product... Personal income............. Disposable personal incom e....................................................................................................................... Personal consumption expenditures........................................................................................................... Goods.......................................................................................................................................................... Durable goods....................................................................................................................................... Nondurable goods................................................................................................................................ S ervices..................................................................................................................................................... Chained (2005) dollars: Gross domestic product............................................................................................................................... Gross national product... Disposable personal incom e....................................................................................................................... Personal consumption expenditures........................................................................................................... Goods.......................... ........................................................................... Durable goods........ Nondurable goods.. Services..................................................................................................................................................... Population (midperiod, thousands)...................................... 1 ? 3 4 5 6 7 8 9 45,918 46,394 39,595 35,888 32,526 10,507 3,338 7,169 22,019 10 11 12 13 14 15 16 17 18 41,890 42,327 32,847 29,770 10,139 3,560 6,561 19,619 307,483 47,274 40,455 36,691 33,382 11,053 3,514 7,539 22,329 42,723 33,019 30,040 10,486 3,801 6,687 19,559 310,109 I II IV III 46,277 46,813 39,670 36,049 32,839 10,738 3,384 7,354 22,101 46,734 47,352 39,953 36,282 33,097 10,934 3,431 7,503 22,162 47,070 47,701 40,414 36,704 33,208 10,905 3,468 7,437 22,304 47,498 48,105 40,564 36,771 33,392 11,015 3,504 7,511 22,377 47,791 42,198 42,688 32,673 29,764 10,216 3,614 6,587 19,541 308,521 42,504 43,067 32,717 29,844 10,337 3,684 6,643 19,506 309,120 42,602 43,176 33,100 29,948 10,405 3,738 6,662 19,544 309,724 42,773 43,323 33,097 30,056 10,486 3,799 6,688 19,575 310,438 43,009 40,883 37,006 33,826 11,356 3,650 7,706 22,471 33,160 30,310 10,715 3,980 6,754 19,611 311,155 Table 7.2.1 B. Percent Change from Preceding Period in Real Motor Vehicle Output [Percent] Seasonally adjusted at annual rates Line 2009 2010 2009 2010 IV Motor vehicle output.......................................................................................................................... Auto output......... Truck output........ Final sales of domestic product Personal consumption expenditures...................................................................................................... New motor vehicles............................ A utos................................................ Light trucks (including utility vehicles)............................................................................................... Net purchases of used autos and used light trucks.............................................................................. Used autos............................................................................................................................................ Used light trucks (including utility vehicles)...................................................................................... Private fixed investment................................... New motor vehicles.......................................... A utos............................................................. Trucks............................................................ Light trucks (including utility vehicles)... O ther................................................................................................................................................. Net purchases of used autos and used light trucks.............................................................................. Used autos................................................... Used light trucks (including utility vehicles)...................................................................................... Gross government investment........................ A utos........................................................................................................................................................... Trucks......................................................................................................................................................... Net exports Exports Autos Trucks..................................................................................................................................................... Im ports....................................................................................................................................................... A utos...................................................................................................................................................... Trucks..................................................................................................................................................... Change in private inventories...................................................................................................................... A utos..... New.... 33 Dom estic............................................................................................................................................... Foreign................................................................................................................................................... Used............................................................................................................................................................ Trucks.... New.... 38 Dom estic................................................................................................................................................ Foreign................................................................................................................................................... Used 1........................................................................................................................................................ Addenda: Final sales of motor vehicles to domestic purchasers.............................................................................. Private fixed investment in new autos and new light trucks..................................................................... Domestic output of new a u to s 2 .................................................................................................................. Sales of imported new a u to s 3.................................................................................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 ?4 25 26 27 28 29 30 31 3? II IV III 25.8 16.7 31.2 11.1 3.2 5.1 -4.6 12.5 0.1 -0.4 0.4 116.2 30.9 27.5 33.7 38.5 19.6 -9.6 -10.5 -8.9 0.3 -1.0 0.6 13.7 21.4 9.3 -16.6 -24.6 -31.8 -57.2 -0.4 -10.6 -4.0 -15.3 216.0 52.0 54.1 50.3 44.2 69.9 2.5 72.1 -34.4 -22.9 -11.0 -26.0 42.3 69.7 27.5 45.4 -3.8 -6.6 -12.3 -2.2 0.9 0.4 1.2 377.2 42.7 63.0 27.4 37.1 1.9 -38.1 -40.7 -35.6 -32.3 -46.4 -27.9 -2.7 -18.2 8.4 -4.1 6.3 10.8 -15.8 33.2 -0.5 -9.4 6.8 113.6 20.0 7.2 32.0 43.9 -0.7 -31.4 -46.0 -15.1 78.3 171.8 59.0 25.0 -26.2 66.0 11.2 5.0 -1.3 1.0 -2.7 15.4 13.0 17.2 46.3 24.5 1.2 46.5 42.1 62.1 3.6 -13.8 20.3 13.8 -31.5 30.3 -14.2 -31.7 -4.7 64.8 51.9 65.9 55.9 72.4 32.6 38.5 28.5 -16.5 -10.2 -32.2 9.4 13.5 -3.4 -2.2 -22.2 15.8 8.8 -12.3 14.5 -39.2 -44.2 -32.5 -34.5 -29.1 -40.9 36.3 32.8 40.1 40.2 34.8 48.1 81.9 78.9 85.3 48.9 26.5 88.9 42.4 25.5 62.4 -12.2 -38.5 37.0 8.6 6.3 11.0 118.3 156.0 81.0 -11.6 -9.9 -13.2 7.1 45.3 -28.5 17.7 40.0 -1.9 -25.4 -32.5 -14.4 -21.3 -33.4 -40.9 -16.5 16.3 32.7 29.6 10.3 -9.2 49.3 58.4 -32.5 23.4 50.3 8.8 29.4 24.7 23.3 14.5 -2.1 13.3 19.8 -18.0 21.9 31.9 -11.2 -27.6 5.4 34 35 3fi 37 39 40 41 42 43 44 45 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. I -24.7 -33.0 -18.5 -19.2 -6.9 -11.5 -16.6 -7.1 1.3 -5.1 6.6 -61.7 -33.4 -26.9 -38.0 -39.4 -33.5 8.6 2.3 14.5 -20.0 -18.6 -20.4 National Data D-48 February 2011 Table 7.2.3B. Real Motor Vehicle Output, Quantity Indexes Table 7.2.4B. Price Indexes for Motor Vehicle Output [Index numbers, 2005=100] [Index numbers, 2005=100] Seasonally adjusted Line Motor vehicle output...... Auto output.................... Truck output................... Final sales of domestic product Personal consumption expenditures........................ New motor vehicles.............. A utos.................................. Light trucks (including utility vehicles).............. Net purchases of used autos and used light tru cks........ Used autos........................ Used light trucks (including utility vehicles)........................ Private fixed investm ent........ New motor vehicles.............. Autos.................................. Trucks................................. Light trucks (including utility vehicles).......... O ther.............................. Net purchases of used autos and used light trucks........ Used autos........................ Used light trucks (including utility vehicles)........................ Gross government investment............................. A utos...................................... Trucks... Net exports Exports. Autos Trucks Imports. Autos Trucks................................. Change in private inventories... Foreign............................... Foreign............................... Addenda: Final sales of motor vehicles to domestic purchasers............ Private fixed investment in new autos and new light trucks.... Domestic output of new autos 2 Sales of imported new autos 3 2009 2010 Seasonally adjusted Line 2010 2009 IV I II III IV 1 2 3 4 60.568 62.905 59.266 66.201 76.204 73.425 77.747 73.519 68.836 70.822 67.694 64.421 75.184 80.831 71.937 70.738 74.677 76.874 73.405 70.009 78.963 71.241 83.318 71.886 75.993 64.753 82.330 81.443 b 6 7 77.640 67.926 73.285 80.123 71.419 69.942 77.333 69.025 72.423 76.596 67.862 70.086 77.767 69.630 67.142 78.727 69.411 67.317 87.402 78.774 75.222 8 64.428 72.505 66.828 66.457 71.394 70.911 81.259 9 10 99.272 85.912 99.328 85.606 95.646 83.989 95.852 84.083 95.740 82.023 99.237 106.483 84.575 91.743 11 112.286 112.687 106.999 107.314 109.092 113.500 120.843 12 26.089 56.395 31.736 46.905 56.705 62.360 59.612 13 54.524 71.379 61.783 67.525 70.670 74.650 72.671 14 66.992 85.384 76.243 86.142 87.659 87.931 79.803 15 47.265 63.172 53.363 56.694 60.769 66.853 68.370 16 17 50.179 39.659 69.479 47.442 56.747 44.540 61.407 44.747 67.262 44.664 73.442 50.398 75.806 49.961 18 124.472 112.501 135.620 120.272 109.462 110.446 109.824 19 111.991 100.274 132.160 115.954 99.409 95.782 89.951 20 137.171 124.916 139.126 124.652 119.667 125.336 130.011 21 22 23 ?4 2b 26 27 28 29 30 31 V 33 34 35 36 37 38 39 4n 41 92.217 84.660 94.452 88.096 99.929 77.803 61.443 76.635 47.730 92.537 83.840 95.062 89.332 85.528 90.416 81.028 73.184 83.321 93.634 93.966 93.563 96.713 98.772 85.485 82.725 99.959 103.406 120.077 108.782 118.823 121.311 117.644 132.682 122.875 130.049 132.066 128.663 109.040 96.515 108.950 111.828 107.951 86.127 77.347 74.877 91.011 92.587 103.296 94.956 84.106 106.388 116.814 70.690 61.463 66.492 77.120 70.922 122.530 139.950 107.430 86.034 105.877 68.226 62.898 73.124 64.314 67.784 71.625 73.894 79.192 43 44 45 57.815 54.951 86.005 76.740 71.195 94.845 65.601 71.006 86.788 72.633 72.524 92.563 76.537 75.019 92.062 80.067 71.387 96.733 77.724 65.848 98.021 1. Consists of used light trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of sales of imported new autos in personal consumption expenditures, in private fixed investment, and in gross government investment. 2010 2009 IV 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 a uto s........................ 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 a uto s........................ Used light trucks (including utility vehicles)........................ Gross government investment............................ Autos....................................... Trucks... Net exports Exports. Autos. Trucks Imports.. Autos................................... Trucks................................. Change in private inventories. .. Foreign................................ 42 2009 Addenda: Final sales of motor vehicles to domestic purchasers............. Private fixed investment in new autos and new light trucks.... Domestic output of new autos 2 Sales of imported new autos 3 1 2 3 4 2010 I II 97.984 100.184 100.074 99.918 100.265 99.990 101.087 101.879 101.543 101.430 96.785 99.677 99.054 99.005 99.632 98.055 99.994 99.962 99.688 100.073 III IV 100.309 100.840 100.011 100.149 100.245 100.536 100.058 100.064 5 95.952 100.718 98.966 100.025 100.713 101.259 100.875 6 97.784 99.792 99.754 99.401 99.599 100.149 100.020 7 100.991 102.016 102.678 102.124 101.984 102.110 101.845 8 9 10 11 12 13 14 15 95.514 98.176 93.008 102.131 92.812 101.205 93.178 111.128 100.402 101.089 100.027 102.848 95.901 102.364 102.096 102.771 97.688 97.474 97.887 98.695 98.648 97.677 100.961 102.426 102.962 102.174 97.245 100.713 101.954 101.238 100.915 98.036 103.652 102.183 102.767 101.885 101.180 96.597 101.907 102.206 101.851 102.812 95.660 102.139 102.067 102.398 104.264 95.153 102.779 102.189 103.451 103.135 96.195 102.631 101.923 103.386 16 95.732 98.380 97.895 97.668 98.096 98.901 98.856 17 114.018 117.215 114.835 115.493 116.491 118.507 118.368 18 19 91.078 103.122 91.488 103.422 97.219 101.469 102.878 104.893 103.246 97.594 101.713 103.176 105.214 103.585 20 90.716 102.867 96.889 101.264 102.624 104.621 102.961 21 22 23 ?4 2b 26 27 28 29 30 31 V 33 34 35 36 37 38 39 40 41 108.782 109.451 109.399 108.414 108.745 110.179 110.464 111.414 107.293 111.570 107.200 106.157 107.335 108.480 108.089 110.084 108.849 108.778 109.490 110.996 111.071 42 99.218 100.989 100.885 100.571 100.915 101.256 101.215 103.194 102.137 104.420 103.728 103.040 104.519 104.174 102.805 105.675 104.655 103.020 106.471 103.435 102.257 104.732 104.124 103.400 104.756 103.708 102.511 105.025 103.968 102.919 105.015 104.028 102.668 105.513 104.200 102.941 105.498 104.129 102.862 105.521 105.042 102.823 107.653 104.833 103.178 106.642 105.410 103.398 107.716 43 98.085 99.902 100.004 99.605 99.740 100.205 100.056 44 102.350 101.890 102.786 102.047 101.816 101.791 101.907 45 100.997 102.007 102.667 102.115 101.976 102.100 101.835 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. February 2011 S urvey of D-49 C u r r e n t B u s in e s s Table 7.2.5B. Motor Vehicle Output Table 7.2.6B. Real Motor Vehicle Output, Chained Dollars [Billions of dollars] [Billions of chained (2005) dollars] Seasonally adjusted at annual rates Seasonally adjusted at annual rates Line 2009 2010 2009 IV Motor vehicle output..... Auto output.................... Truck output................... Final sales of domestic product Personal consumption expenditures........................ New motor vehicles.............. A utos.................................. Light trucks (including utility vehicles).............. Net purchases of used autos and used light tru cks........ Used autos........................ Used light trucks (including utility vehicles)........................ Private fixed investment........ New motor vehicles.............. A utos.................................. Trucks................................. Light trucks (including utility vehicles).......... O ther.............................. Net purchases of used autos and used light tru cks........ Used autos........................ Used light trucks (including utility vehicles)........................ Gross government investment............................. A utos...................................... Trucks..................................... Net exports................................ Exports................................... A utos.................................. Trucks................................. Im ports................................... A utos.................................. Trucks ................................. Change in private inventories... A utos........................................... N ew ........................................ D om estic........................... Foreign............................... Used....................................... Trucks .......................................... N ew ........................................ D om estic........................... Foreign............................... Used 1.................................... Addenda: Final sales of motor vehicles to domestic purchasers............ Private fixed investment in new autos and new light trucks.... Domestic output of new autos 2 Sales of imported new a u to s 3 2010 I II 1 2 3 4 248.9 94.7 154.3 274.3 319.9 111.7 208.2 310.8 288.5 108.4 180.1 272.3 314.8 123.5 191.3 298.2 313.7 117.3 196.4 296.2 b 6 7 269.4 165.3 72.1 291.8 177.3 69.5 276.7 171.3 72.4 277.0 167.8 69.7 283.2 172.6 66.7 Line 2010 2009 IV IV 331.9 108.0 223.8 304.4 319.2 97.9 221.3 344.6 288.3 173.0 67.0 318.8 196.0 74.6 8 93.2 107.8 98.9 98.1 105.8 106.0 121.4 9 10 104.1 44.4 114.5 48.3 105.4 45.5 109.2 47.2 110.7 46.6 115.3 47.7 122.8 51.6 11 12 13 14 15 59.7 42.9 116.6 52.7 63.9 66.2 80.3 155.5 67.7 87.7 59.9 48.9 134.3 60.9 73.4 62.0 67.3 146.4 68.4 78.0 64.1 80.6 153.6 69.5 84.1 67.6 88.2 163.2 69.8 93.4 71.2 85.2 158.7 63.2 95.5 16 17 47.5 16.5 67.5 20.2 54.8 18.6 59.2 18.8 65.1 18.9 71.7 21.7 74.0 21.5 18 19 -73.7 -33.5 -75.1 -33.7 -85.4 -42.0 -79.1 -38.4 -73.0 -33.4 -75.1 -32.8 -73.5 -30.3 20 -40.1 -41.4 -43.4 -40.7 -39.6 -42.2 -43.1 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 15.1 3.3 11.9 -53.1 40.0 20.8 19.1 93.1 54.9 38.2 -25.4 -10.1 -12.5 -9.2 -3.3 2.4 -15.2 -16.6 -12.9 -3.7 1.4 15.3 3.1 12.2 -76.6 55.0 27.8 27.1 131.6 74.0 57.6 9.1 3.0 4.0 3.2 0.8 -1.1 6.1 7.3 6.5 0.7 -1.2 14.8 3.3 11.5 -68.1 49.5 25.7 23.8 117.6 68.3 49.3 16.3 11.0 2.0 2.7 -0.7 9.0 5.3 0.0 -1.7 1.7 5.3 13.3 2.7 10.6 -59.5 54.2 27.2 27.0 113.6 60.2 53.4 16.6 6.8 2.0 2.5 -0.5 4.8 9.8 9.1 8.1 1.0 0.6 15.4 3.4 11.9 -82.9 55.5 27.7 27.8 138.4 76.2 62.2 17.5 12.9 13.1 7.3 5.8 -0.2 4.6 5.4 4.0 1.4 -0.9 16.1 3.2 12.9 -88.1 53.9 27.0 26.8 142.0 83.5 58.4 27.5 9.7 10.8 7.0 3.7 -1.1 17.8 18.8 18.2 0.6 -1.1 16.5 3.1 13.4 -75.9 56.5 29.5 27.0 132.4 76.1 56.2 -25.4 -17.6 -9.8 ^t.O -5.8 -7.8 -7.8 -4.3 -4.2 -0.2 -3.4 42 327.4 387.4 340.4 357.6 379.2 392.5 420.5 43 44 45 100.1 60.6 75.0 135.2 78.1 83.5 115.7 78.6 76.9 127.6 79.7 81.6 134.6 82.3 81.1 141.5 78.3 85.3 137.1 72.3 86.2 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. 2009 III Motor vehicle o utput..... Auto o utput.................... 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 a utos........................ 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 a uto s........................ Used light trucks (including utility vehicles)........................ Gross government investment............................. Autos....................................... Trucks..................................... Net exports................................ E xports................................... Autos................................... Trucks................................. Imports.................................... Autos................................... Trucks................................. Change in private inventories ... Autos............................................ New.......................................... Domestic............................ Foreign................................ U sed ....................................... Trucks........................................... New.......................................... Domestic............................ Foreign................................ Used 1..................................... Residual........................................... Addenda: Final sales of motor vehicles to domestic purchasers............. Private fixed investment in new autos and new light trucks.... Domestic output of new autos 2 Sales of imported new autos 3 2010 III IV 315.0 121.5 193.3 298.9 312.9 115.5 197.2 295.8 330.8 107.0 223.9 303.8 318.4 97.3 221.2 344.2 I II 1 2 3 4 253.7 94.5 159.2 279.7 319.2 110.3 208.9 310.7 288.4 106.4 181.9 272.2 5 6 7 280.7 169.1 71.4 289.7 177.8 68.2 279.6 171.8 70.6 277.0 168.9 68.3 281.2 173.3 65.4 284.7 172.8 65.6 316.0 196.1 73.3 8 97.6 109.8 101.2 100.6 108.1 107.4 123.1 9 10 111.9 47.8 111.9 47.7 107.8 46.8 108.0 46.8 107.9 45.7 111.8 47.1 120.0 51.1 11 12 13 14 15 64.0 38.6 116.1 52.1 63.9 64.3 83.4 152.0 66.4 85.4 61.0 47.0 131.6 59.3 72.1 61.2 69.4 143.8 67.0 76.6 62.2 83.9 150.5 68.2 82.2 64.7 92.3 159.0 68.4 90.4 68.9 88.2 154.8 62.1 92.4 16 17 49.6 14.4 68.6 17.3 56.1 16.2 60.7 16.3 66.4 16.3 72.6 18.3 74.9 18.2 18 19 -80.9 -36.7 -73.1 -32.8 -88.1 -43.3 -78.2 -38.0 -71.1 -32.5 -71.8 -31.4 -71.4 -29.4 20 -44.3 -40.3 -44.9 -40.2 -38.6 -40.4 -41.9 t\ 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 13.9 2.9 11.0 -51.0 38.7 20.4 18.3 89.7 53.3 36.5 -25.5 -10.1 -12.0 -8.8 -3.2 2.5 -15.4 -16.6 -12.9 -3.6 1.4 -0.4 14.0 2.9 11.1 -73.0 52.8 27.1 25.7 125.8 71.9 54.1 8.8 2.9 3.9 3.1 0.8 -1.0 6.0 7.1 6.4 0.7 -1.1 0.3 13.5 3.0 10.5 -65.1 47.8 25.1 22.7 113.0 66.1 47.0 16.5 11.0 1.9 2.6 -0.7 9.3 5.4 0.0 -1.6 1.6 5.4 0.6 12.2 2.5 9.7 -57.1 52.2 26.6 25.7 109.4 58.5 50.9 16.2 6.6 1.9 2.4 -0.5 4.8 9.6 9.0 7.9 1.0 0.6 1.0 14.1 3.2 10.9 -79.6 53.3 27.0 26.3 132.9 74.0 59.0 17.1 12.5 12.7 7.1 5.7 -0.2 4.5 5.4 4.0 1.4 -0.8 0.1 14.6 3.0 11.6 -83.5 51.7 26.3 25.4 135.2 81.3 54.3 26.7 9.4 10.5 6.8 3.7 -1.0 17.3 18.5 17.9 0.6 -1.0 0.8 14.9 2.9 12.0 -71.8 53.9 28.6 25.3 125.7 73.6 52.2 -24.7 -17.0 -9.5 -3.9 -5.6 -7.6 -7.6 -4.3 -4.1 -0.1 -3.3 -0.3 43 330.0 383.7 337.4 355.6 375.8 387.7 415.5 44 45 46 102.1 59.2 74.3 135.5 76.7 81.9 115.8 76.5 74.9 128.2 78.2 79.9 135.1 80.9 79.5 141.4 76.9 83.5 137.2 71.0 84.6 1. Consists of used light trucks only. 2. Consists of final sales and change in private inventories of new autos assembled in the United States. 3. Consists of sales of imported new autos in personal consumption expenditures, in private fixed investment, and in gross government investment. N ote . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines, excluding the lines in the addenda. D-50 February 2011 B. N IPA -R elated Table Table B .l presents the m ost recent estim ates o f personal incom e and its disposition. These estim ates were released on January 31, 2011. Table B.1 Personal Income and Its Disposition [Billions of dollars; m onthly estim ates seasonally adjusted at annual rates] 2009 2009 Nov. Personal Incom e....................................................................... Compensation of employees, received.................................... Wage and salary disbursements.......................................... Private industries................................................................ Goods-producing industries........................................ Manufacturing............................................................ Service-producing industries....................................... Trade, transportation, and utilities.......................... Other services-producing industries....................... Government......................................................................... Supplements to wages and salaries.................................... Employer contributions for employee pension and insurance funds............................................................. Employer contributions for government social insurance........................................................................ Proprietors’ income with IVA and CC Adj................................. Farm ......................................................................................... Nonfarm.................................................................................... Rental income of persons with CCAdj..................................... Personal income receipts on assets......................................... Personal interest income....................................................... Personal dividend income...................................................... Personal current transfer receipts............................................. Government social benefits to persons............................... Old-age, survivors, disability, and health insurance benefits............................................................................ Government unemployment insurance benefits............ O th e r................................................................................... Other current transfer receipts, from business (net) Less: Contributions for government social insurance............ Less: Personal current taxes.................................................. Equals: Disposable personal income.................................. Less: Personal outlays............................................................ Personal consumption expenditures........................................ Goods....................................................................................... Durable goods....... Nondurable goods. Services................................................................................... Personal interest payments1...................................................... Personal current transfer payments.......................................... To government............ ...................................................... To the rest of the world (net).................................................. Equals: Personal saving......................................................... Personal saving as percentage of disposable personal income..................................................................................... Addenda: Personal income excluding current transfer receipts: Billions of chained (2005) dollars ........................................ Disposable personal income: Billions of chained (2005) dollars2...................................... Per capita: Current dollars.................................................................... Chained (2005 dollars)...................................................... Population (midperiod, thousands)3......................................... Personal consumption expenditures: Billions of chained (2005) dollars.......................................... Goods..................... Durable goods... Nondurable goods......................................................... Services................. Implicit price deflator, 2005=100........................................... Percent change from preceding period: Personal income, current dollars.......................................... Disposable personal income: Current dollars......................................................................... Chained (2005) dollars.......................................................... Personal consumption expenditures: Current dollars......................................................................... Chained (2005) dollars.......................................................... p Preliminary r Revised CCAdj Capital consumption adjustment IVA Inventory valuation adjustment 1. Consists of nonmortgage interest paid by households. 2010 2010 Dec. Jan. Feb. March April May June July Aug. Sept. O c t.r N ov.r D e c.p 12,174.9 12,545.3 12,237.4 12,300.7 12,324.3 12,337.2 12,389.4 12,478.5 12,532.8 12,540.0 12,556.0 12,613.4 12,608.9 12,673.0 12,717.9 12,772.4 7,806.7 7,990.8 7,838.7 7,842.4 7,855.0 7,851.0 7,868.3 7,939.1 7,985.8 7,984.8 8,013.5 8,038.7 8,046.9 8,088.2 8,098.6 8,119.5 6,274.1 6,404.7 6,291.2 6,291.5 6,291.3 6,284.8 6,298.1 6,362.4 6,403.7 6,400.4 6,425.2 6,446.0 6,451.3 6,487.3 6,494.6 6,511.7 5,100.5 5,217.5 5,116.2 5,116.7 5,107.6 5,099.7 5,110.5 5,172.2 5,207.8 5,207.0 5,233.3 5,262.0 5,271.3 5,303.8 5,309.7 5,325.2 1,064.0 1,055.6 1,050.5 1,046.9 1,037.4 1,028.8 1,030.3 1,045.7 1,062.9 1,054.2 1,061.3 1,068.7 1,067.0 1,071.5 1,069.0 1,070.5 671.7 662.3 660.6 655.6 651.0 651.3 661.5 679.6 664.6 673.1 678.7 681.7 680.7 683.1 680.6 680.8 4,036.6 4,161.9 4,065.7 4,069.8 4,070.1 4,070.8 4,080.2 4,126.5 4,144.9 4,152.9 4,172.0 4,193.3 4,204.3 4,232.3 4,240.7 4,254.7 988.2 990.5 1,008.5 987.6 987.9 986.4 989.6 1,002.7 1,007.2 1,006.2 1,012.1 1,014.0 1,017.4 1,025.3 1,025.5 1,028.0 3,046.1 3,153.4 3,077.5 3,082.2 3,082.2 3,084.4 3,090.6 3,123.7 3,137.7 3,146.6 3,159.9 3,179.3 3,186.9 3,206.9 3,215.1 3,226.6 1,173.6 1,187.2 1,175.1 1,174.8 1,183.7 1,185.2 1,187.6 1,190.1 1,195.9 1,193.4 1,191.9 1,184.0 1,179.9 1,183.6 1,184.9 1,186.5 1,532.6 1,586.1 1,547.5 1,550.9 1,563.7 1,566.1 1,570.2 1,576.7 1,582.1 1,584.4 1,588.3 1,592.7 1,595.7 1,600.9 1,604.0 1,607.8 1,072.0 1,106.9 1,084.1 1,088.1 1,093.1 1,095.8 1,098.5 1,100.7 1,103.1 1,105.5 1,107.8 1,110.2 1,112.8 1,115.6 1,118.1 1,121.0 460.6 1,011.9 30.5 981.5 274.0 1,919.7 1,222.3 697.4 2,132.8 2,096.8 479.2 1,055.8 45.6 1,010.2 301.3 1,906.4 1,193.8 712.7 2,295.2 2,257.8 463.4 1,025.2 36.7 988.5 283.0 1,880.8 1,203.7 677.1 2,185.7 2,149.9 462.8 1,025.3 38.0 987.3 282.3 1,915.9 1,216.6 699.3 2,210.5 2,174.7 470.6 1,027.0 37.4 989.7 287.4 1,913.3 1,212.6 700.7 2,228.7 2,192.1 470.3 1,028.0 36.8 991.2 292.5 1,916.1 1,208.7 707.4 2,236.3 2,199.7 471.7 1,037.2 36.2 1,001.0 298.0 1,903.8 1,204.7 699.0 2,271.4 2,234.7 476.0 1,049.2 37.6 1,011.6 298.1 1,911.1 1,205.0 706.0 2,279.0 2,242.3 479.0 1,051.7 38.9 1,012.7 298.8 1,915.0 1,205.3 709.7 2,285.4 2,248.4 479.0 1,048.3 40.3 1,008.0 299.6 1,917.3 1,205.6 711.8 2,293.8 2,256.5 480.6 1,050.5 44.4 1,006.1 301.2 1,902.8 1,190.1 712.7 2,295.2 2,257.8 482.5 1,061.3 48.5 1,012.8 303.6 1,888.0 1,174.7 713.3 2,332.5 2,295.2 482.8 1,066.7 52.6 1,014.1 306.7 1,878.5 1,159.3 719.2 2,321.5 2,284.5 485.2 1,075.3 55.4 1,019.9 308.2 1,891.7 1,172.9 718.9 2,325.9 2,286.6 485.9 1,083.2 58.1 1,025.1 309.9 1,909.0 1,186.5 722.5 2,334.6 2,296.0 486.9 1,091.3 60.9 1,030.3 311.8 1,930.9 1,200.1 730.8 2,338.4 2,300.0 1,164.5 1,213.9 1,184.7 1,198.4 1,187.3 1,190.7 1,195.9 1,207.9 1,207.9 1,208.6 1,219.5 1,221.5 1,229.5 1,229.8 1,228.9 1,239.2 144.3 128.6 136.7 150.1 143.3 138.2 137.2 137.1 156.8 136.1 123.2 150.5 133.3 128.7 131.1 125.1 803.7 820.9 826.2 907.2 861.6 870.8 882.1 903.4 897.2 911.9 915.1 923.3 921.6 928.1 936.0 935.8 35.8 36.0 37.4 35.8 36.6 36.6 36.7 36.7 37.0 37.2 37.4 37.3 37.0 39.3 38.6 38.4 976.0 970.3 1,004.3 975.8 987.3 986.7 989.3 998.0 1,003.9 1,003.9 1,007.2 1,010.7 1,011.5 1,016.3 1,017.4 1,019.5 1,140.0 1,167.0 1,117.8 1,116.8 1,133.1 1,133.6 1,137.4 1,143.5 1,151.8 1,152.0 1,170.1 1,178.5 1,184.4 1,200.1 1,206.0 1,213.1 11,034.9 11,378.3 11,119.6 11,183.9 11,191.2 11,203.6 11,252.1 11,335.0 11,381.0 11,388.0 11,385.9 11,434.9 11,424.5 11,472.9 11,511.9 11,559.2 10,379.6 10,723.2 10,502.3 10,536.4 10,554.0 10,602.9 10,654.6 10,652.6 10,670.4 10,668.1 10,696.2 10,743.2 10,769.6 10,844.0 10,877.6 10,945.1 10,001.3 10,351.9 10,128.2 10,168.4 10,182.8 10,229.9 10,279.7 10,275.2 10,292.1 10,288.8 10,322.1 10,373.2 10,403.6 10,478.4 10,513.8 10,583.3 3,230.7 3,427.6 3,322.6 3,327.0 3,346.8 3,375.3 3,417.9 3,396.4 3,374.8 3,361.2 3,384.0 3,421.8 3,453.0 3,512.3 3,522.4 3,565.3 1,026.5 1,089.6 1,048.2 1,051.8 1,041.0 1,052.2 1,089.0 1,078.1 1,074.6 1,069.5 1,081.2 1,081.8 1,100.5 1,136.2 1,131.5 1,139.2 2,204.2 2,338.0 2,274.4 2,275.2 2,305.8 2,323.1 2,328.9 2,318.3 2,300.1 2,291.7 2,302.7 2,340.0 2,352.5 2,376.1 2,390.9 2,426.1 6,770.6 6,924.3 6,805.6 6,841.4 6,836.1 6,854.6 6,861.8 6,878.8 6,917.3 6,927.6 6,938.1 6,951.4 6,950.6 6,966.1 6,991.5 7,018.0 207.7 216.8 198.6 201.1 202.5 203.8 205.2 206.0 205.6 206.5 201.8 197.1 192.5 189.9 187.3 184.7 161.4 172.7 166.4 168.7 166.9 169.2 169.7 171.7 172.3 172.8 172.3 172.9 176.4 177.1 173.5 175.8 96.9 97.4 97.9 95.0 101.0 98.5 99.0 100.1 101.2 99.5 100.6 101.8 102.4 103.0 103.6 104.3 66.5 71.7 69.5 69.5 70.7 70.7 70.7 72.2 72.2 72.2 71.1 71.1 71.1 72.8 72.8 72.8 617.4 647.5 637.2 655.3 655.1 600.6 597.4 682.4 710.6 719.8 689.7 691.6 654.9 634.4 614.1 628.8 5.9 5.8 5.6 5.8 5.7 5.4 5.3 6.0 6.2 6.3 6.1 6.0 5.7 5.5 5.5 5.3 9,191.1 9,224.1 9,108.9 9,128.6 9,110.5 9,111.8 9,112.9 9,188.9 9,240.2 9,250.8 9,247.4 9,250.8 9,250.8 9,287.3 9,310.6 9,327.2 10,099.8 10,239.4 10,076.7 10,118.1 10,099.3 10,106.5 10,134.3 10,211.9 10,262.4 10,281.6 10,261.3 10,289.2 10,273.4 10,297.8 10,322.7 10,333.1 36,041 35,888 36,691 32,847 32,661 33,019 307,483 310,109 308,526 36,225 36,226 36,244 36,378 32,773 32,691 32,695 32,764 308,733 308,930 309,119 309,312 36,622 36,746 32,994 33,135 309,509 309,718 36,742 33,172 309,946 36,707 33,081 310,185 36,835 33,144 310,439 36,771 33,066 310,691 36,899 33,120 310,927 36,997 37,122 33,175 33,185 311,157 311,381 9,153.9 3,117.4 1,094.6 2,017.4 6,032.7 109.260 9,315.7 3,251.8 1,178.6 2,073.7 6,065.4 111.120 9,178.2 3,160.1 1,119.0 2,036.9 6,016.4 110.350 9,199.3 3,158.6 1,125.2 2,030.3 6,038.4 110.534 9,189.3 3,159.9 1,116.5 2,038.7 6,027.4 110.812 9,228.2 3,193.0 1,131.0 2,057.7 6,034.6 110.855 9,258.6 3,233.3 1,169.2 2,064.0 6,026.7 111.029 9,257.2 3,223.7 1,159.1 2,063.4 6,034.4 110.997 9,280.5 3,221.8 1,158.2 2,062.3 6,058.9 110.900 9,289.3 3,222.3 1,156.2 2,064.4 6,066.9 110.760 9,302.6 3,231.9 1,172.0 2,060.4 6,071.0 110.959 9,333.9 3,254.3 1,172.2 2,081.2 6,080.9 111.135 9,355.4 3,279.4 1,193.6 2,087.1 6,078.7 111.205 9,405.1 3,324.0 1,235.8 2,094.4 6,085.9 111.411 9,427.7 3,331.0 1,233.7 2,102.6 6,101.4 111.521 9,460.7 3,347.4 1,246.0 2,108.0 6,118.5 111.866 -1.7 3.0 0.5 0.5 0.2 0.1 0.4 0.7 0.4 0.1 0.1 0.5 0.0 0.5 0.4 0.4 0.7 0.6 3.1 1.4 0.5 0.3 0.6 0.4 0.1 -0.2 0.1 0.1 0.4 0.3 0.7 0.8 0.4 0.5 0.1 0.2 0.0 -0.2 0.4 0.3 -0.1 -0.2 0.4 0.2 0.3 0.2 0.4 0.1 -1.0 -1.2 3.5 1.8 0.3 0.1 0.4 0.2 0.1 -0.1 0.5 0.4 0.5 0.3 0.0 0.0 0.2 0.3 0.0 0.1 0.3 0.1 0.5 0.3 0.3 0.2 0.7 0.5 0.3 0.2 0.7 0.4 2. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures, 3. Population is the total population of the United States, including the Armed Forces overseas and the institutionalized population. The monthly estimate is the average of estimates for the first of the month and the first of the following month; the annual estimate is the average of the monthly estimates. Source: U.S. Bureau of Economic Analysis. D-51 February 2011 C. H istorical M easures This table is derived from the “Selected NIPA Tables” that are published in this issue and from the “GDP and Other M ajor NIPA Series” tables that were published in the August 2010 issue. (The changes in prices are calculated from indexes expressed to three decimal places.) Table C.1. GDP and Other Major NIPA Aggregates— Continues [Q uarterly estim ates are seasonally adjusted at annual rates] Billions of chained (2005) dollars Year and Quarter Gross domestic product Final sales of domestic product Gross national product Percent change from preceding period Real gross domestic product Chain-type price indexes [2005=100] Real final sales of domestic product Gross domestic product Gross domestic purchases Implicit price deflators [2005=100] Gross domestic product Gross national product Percent change from preceding period Chain-type price index Implicit pric e deflators Gross domestic product Gross domestic product Gross domestic purchases Gross national product 1959 ...................... 2,762.5 2,764.0 2,780.5 7.2 6.3 18.348 17.972 18.340 18.320 1.1 1.2 1.2 1.2 1960 1961 1962 1963 1964 ...................... ...................... ...................... ...................... ...................... 2,830.9 2,896.9 3,072.4 3,206.7 3,392.3 2,836.6 2,904.6 3,064.9 3,202.6 3,393.7 2,850.6 2,918.6 3,096.8 3,232.8 3,420.4 2.5 2.3 6.1 4.4 5.8 2.6 2.4 5.5 4.5 6.0 18.604 18.814 19.071 19.273 19.572 18.220 18.412 18.654 18.871 19.175 18.596 18.805 19.062 19.265 19.563 18.577 18.786 19.044 19.248 19.546 1.4 1.1 1.4 1.1 1.6 1.4 1.1 1.3 1.2 1.6 1.4 1.1 1.4 1.1 1.5 1.4 1.1 1.4 1.1 1.5 1965 1966 1967 1968 1969 ...................... ...................... ...................... ...................... ...................... 3,610.1 3,845.3 3,942.5 4,133.4 4,261.8 3,590.7 3,806.6 3,923.3 4,119.4 4,248.6 3,639.5 3,873.1 3,971.1 4,164.1 4,291.6 6.4 6.5 2.5 4.8 3.1 5.8 6.0 3.1 5.0 3.1 19.928 20.493 21.124 22.022 23.110 19.507 20.054 20.637 21.508 22.563 19.919 20.484 21.115 22.012 23.099 19.903 20.469 21.098 21.996 23.081 1.8 2.8 3.1 4.3 4.9 1.7 2.8 2.9 4.2 4.9 1.8 2.8 3.1 4.2 4.9 1.8 2.8 3.1 4.3 4.9 1970 1971 1972 1973 1974 ...................... ...................... ...................... ...................... ...................... 4,269.9 4,413.3 4,647.7 4,917.0 4,889.9 4,287.9 4,407.4 4,640.6 4,888.2 4,874.1 4,299.4 4,446.0 4,682.9 4,964.5 4,944.0 0.2 3.4 5.3 5.8 -0.6 0.9 2.8 5.3 5.3 -0.3 24.328 25.545 26.647 28.124 30.669 23.778 25.000 26.112 27.623 30.459 24.317 25.533 26.634 28.112 30.664 24.299 25.515 26.617 28.097 30.643 5.3 5.0 4.3 5.5 9.0 5.4 5.1 4.4 5.8 10.3 5.3 5.0 4.3 5.5 9.1 5.3 5.0 4.3 5.6 9.1 1975 1976 1977 1978 1979 ...................... ...................... ...................... ...................... ...................... 4,879.5 5,141.3 5,377.7 5,677.6 5,855.0 4,926.3 5,120.2 5,344.9 5,639.7 5,841.2 4,921.4 5,191.2 5,433.7 5,733.2 5,930.2 -0.2 5.4 4.6 5.6 3.1 1.1 3.9 4.4 5.5 3.6 33.577 35.505 37.764 40.413 43.773 33.300 35.208 37.586 40.252 43.797 33.563 35.489 37.751 40.400 43.761 33.541 35.472 37.735 40.385 43.745 9.5 5.7 6.4 7.0 8.3 9.3 5.7 6.8 7.1 8.8 9.5 5.7 6.4 7.0 8.3 9.5 5.8 6.4 7.0 8.3 1980 1981 1982 1983 1984 ...................... ...................... ...................... ...................... ...................... 5,839.0 5,987.2 5,870.9 6,136.2 6,577.1 5,878.7 5,959.5 5,923.3 6,172.9 6,495.6 5,913.4 6,052.5 5,939.1 6,202.3 6,639.8 -0.3 2.5 -1.9 4.5 7.2 0.6 1.4 -0.6 4.2 5.2 47.776 52.281 55.467 57.655 59.823 48.408 52.864 55.859 57.817 59.854 47.751 52.225 55.412 57.603 59.766 47.728 52.206 55.391 57.586 59.749 9.1 9.4 6.1 3.9 3.8 10.5 9.2 5.7 3.5 3.5 9.1 9.4 6.1 4.0 3.8 9.1 9.4 6.1 4.0 3.8 1985 1986 1987 1988 1989 ...................... ...................... ...................... ...................... ...................... 6,849.3 7,086.5 7,313.3 7,613.9 7,885.9 6,838.9 7,098.7 7,296.2 7,607.8 7,867.5 6,893.9 7,116.5 7,342.2 7,650.4 7,924.0 4.1 3.5 3.2 4.1 3.6 5.3 3.8 2.8 4.3 3.4 61.633 63.003 64.763 66.990 69.520 61.553 62.948 64.923 67.159 69.706 61.576 62.937 64.764 66.988 69.518 61.562 62.920 64.749 66.974 69.511 3.0 2.2 2.8 3.4 3.8 2.8 2.3 3.1 3.4 3.8 3.0 2.2 2.9 3.4 3.8 3.0 2.2 2.9 3.4 3.8 1990 1991 1992 1993 1994 ...................... ...................... ...................... ...................... ...................... 8,033.9 8,015.1 8,287.1 8,523.4 8,870.7 8,032.7 8,034.8 8,284.3 8,515.3 8,809.2 8,081.8 8,055.6 8,326.4 8,563.2 8,900.5 1.9 -0.2 3.4 2.9 4.1 2.1 0.0 3.1 2.8 3.5 72.213 74.762 76.537 78.222 79.867 72.540 74.917 76.724 78.339 79.962 72.201 74.760 76.533 78.224 79.872 72.199 74.755 76.521 78.224 79.874 3.9 3.5 2.4 2.2 2.1 4.1 3.3 2.4 2.1 2.1 3.9 3.5 2.4 2.2 2.1 3.9 3.5 2.4 2.2 2.1 1995 1996 1997 1998 1999 ...................... ...................... ...................... ...................... ...................... 9,093.7 9,433.9 9,854.3 10,283.5 10,779.8 9,073.2 9,412.5 9,782.6 10,217.1 10,715.7 9,129.4 9,471.1 9,881.8 10,304.0 10,812.1 2.5 3.7 4.5 4.4 4.8 3.0 3.7 3.9 4.4 4.9 81.533 83.083 84.554 85.507 86.766 81.674 83.150 84.397 84.962 86.304 81.536 83.088 84.555 85.511 86.768 81.542 83.096 84.558 85.509 86.766 2.1 1.9 1.8 1.1 1.5 2.1 1.8 1.5 0.7 1.6 2.1 1.9 1.8 1.1 1.5 2.1 1.9 1.8 1.1 1.5 2000 2001 2002 2003 2004 ...................... ...................... ...................... ...................... ...................... 11,226.0 11,347.2 11,553.0 11,840.7 12,263.8 11,167.5 11,391.7 11,543.5 11,824.8 12,198.2 11,268.8 11,404.6 11,606.9 11,914.2 12,358.5 4.1 1.1 1.8 2.5 3.6 4.2 2.0 1.3 2.4 3.2 88.648 90.654 92.113 94.099 96.769 88.463 90.123 91.422 93.550 96.400 88.647 90.650 92.118 94.100 96.770 88.645 90.648 92.113 94.096 96.767 2.2 2.3 1.6 2.2 2.8 2.5 1.9 1.4 2.3 3.0 2.2 2.3 1.6 2.2 2.8 2.2 2.3 1.6 2.2 2.8 2005 2006 2007 2008 2009 ...................... ...................... ...................... ...................... 12,638.4 12,976.2 13,228.9 13,228.8 12,880.6 12,588.4 12,917.1 13,200.0 13,268.1 12,992.8 12,735.5 13,046.1 13,344.4 13,388.7 13,014.7 3.1 2.7 1.9 0.0 -2.6 3.2 2.6 2.2 0.5 -2.1 100.000 103.263 106.301 108.598 109.618 100.000 103.380 106.428 109.813 109.614 100.000 103.257 106.296 108.619 109.615 100.000 103.260 106.300 108.626 109.609 3.3 3.3 2.9 2.2 0.9 3.7 3.4 2.9 3.2 -0.2 3.3 3.3 2.9 2.2 0.9 3.3 3.3 2.9 2.2 0.9 13,248.7 13,179.5 2.9 1.4 110.664 111.086 110.654 1.0 1.3 0.9 2010 National Data D-52 February 2011 Table C.1. GDP and Other Major NIPA Aggregates— Continues [Quarterly estimates are seasonally adjusted at annual rates] Billions of chained (2005) dollars Year and Quarter Gross domestic product Final sales of domestic product Gross national product Percent change from preceding period Real gross domestic product Real final sales of domestic product Chain-type price indexes [2005=100] Gross domestic product Gross domestic purchases Implicit price deflators [2005=100] Gross domestic product Gross national product Percent change from preceding period Chain-type price index Implicit pric e deflators Gross domestic product Gross domestic product Gross domestic purchases Gross national product 1959: I ..................... II.................... I ll................... IV................... 2,710.3 2,778.8 2,775.5 2,785.2 2,714.7 2,761.5 2,795.1 2,784.6 2,727.5 2,795.9 2,793.8 2,804.6 8.3 10.5 -0.5 1.4 8.5 7.1 5.0 -1.5 18.267 18.309 18.369 18.446 17.892 17.936 17.992 18.066 18.281 18.299 18.350 18.427 18.261 18.279 18.331 18.408 1.5 0.9 1.3 1.7 1.6 1.0 1.3 1.7 0.5 0.4 1.1 1.7 0.6 0.4 1.1 1.7 1960: I ..................... 11.................... Ill................... IV................... 2,847.7 2,834.4 2,839.0 2,802.6 2,815.0 2,841.9 2,837.9 2,851.8 2,866.4 2,853.5 2,858.9 2,823.6 9.3 -1.9 0.7 -5.0 4.4 3.9 -0.5 2.0 18.483 18.561 18.646 18.726 18.100 18.177 18.261 18.341 18.505 18.564 18.632 18.684 18.486 18.544 18.613 18.665 0.8 1.7 1.8 1.7 0.8 1.7 1.9 1.8 1.7 1.3 1.5 1.1 1.7 1.3 1.5 1.1 1961: 1..................... I I .................... I ll................... IV................... 2,819.3 2,872.0 2,918.4 2,977.8 2,854.0 2,884.6 2,906.9 2,973.0 2,841.4 2,893.1 2,939.9 2,999.8 2.4 7.7 6.6 8.4 0.3 4.4 3.1 9.4 18.750 18.786 18.835 18.884 18.361 18.383 18.432 18.473 18.727 18.769 18.827 18.892 18.707 18.749 18.808 18.874 0.5 0.8 1.0 1.0 0.4 0.5 1.1 0.9 0.9 0.9 1.2 1.4 0.9 0.9 1.3 1.4 1962: 1..................... II.................... I ll................... IV................... 3,031.2 3,064.7 3,093.0 3,100.6 3,009.2 3,060.5 3,084.3 3,105.6 3,053.1 3,088.6 3,117.2 3,128.1 7.4 4.5 3.7 1.0 5.0 7.0 3.1 2.8 18.992 19.040 19.091 19.159 18.569 18.627 18.675 18.744 19.004 19.030 19.076 19.136 18.985 19.012 19.058 19.119 2.3 1.0 1.1 1.4 2.1 1.3 1.0 1.5 2.4 0.5 1.0 1.3 2.4 0.6 1.0 1.3 1963: 1..................... II.................... Ill................... IV................... 3,141.1 3,180.4 3,240.3 3,265.0 3,126.2 3,179.2 3,235.7 3,269.3 3,167.4 3,205.9 3,266.2 3,291.7 5.3 5.1 7.7 3.1 2.7 7.0 7.3 4.2 19.213 19.232 19.266 19.382 18.803 18.827 18.868 18.986 19.180 19.217 19.255 19.402 19.163 19.200 19.238 19.385 1.1 0.4 0.7 2.4 1.3 0.5 0.9 2.5 0.9 0.8 0.8 3.1 0.9 0.8 0.8 3.1 1964: 1..................... II .................... Ill................... IV................... 3,338.2 3,376.6 3,422.5 3,432.0 3,340.8 3,380.5 3,422.4 3,431.3 3,367.2 3,404.5 3,451.2 3,458.8 9.3 4.7 5.5 1.1 9.0 4.8 5.1 1.0 19.452 19.518 19.614 19.704 19.060 19.129 19.216 19.296 19.460 19.512 19.590 19.686 19.443 19.496 19.573 19.669 1.5 1.4 2.0 1.8 1.6 1.5 1.8 1.7 1.2 1.1 1.6 2.0 1.2 1.1 1.6 2.0 1965: 1..................... II.................... Ill................... IV................... 3,516.3 3,564.0 3,636.3 3,724.0 3,485.5 3,548.5 3,615.2 3,713.4 3,546.6 3,595.2 3,665.5 3,750.8 10.2 5.5 8.4 10.0 6.5 7.4 7.7 11.3 19.788 19.876 19.963 20.086 19.364 19.450 19.541 19.675 19.785 19.870 19.943 20.071 19.769 19.854 19.927 20.055 1.7 1.8 1.8 2.5 1.4 1.8 1.9 2.8 2.0 1.7 1.5 2.6 2.0 1.7 1.5 2.6 1966: 1..................... II .................... I ll................... IV................... 3,815.4 3,828.1 3,853.3 3,884.5 3,775.3 3,792.4 3,824.0 3,834.8 3,843.1 3,855.9 3,880.5 3,912.8 10.2 1.3 2.7 3.3 6.8 1.8 3.4 1.1 20.209 20.401 20.591 20.772 19.784 19.973 20.146 20.312 20.201 20.374 20.584 20.773 20.186 20.358 20.568 20.757 2.5 3.9 3.8 3.6 2.2 3.9 3.5 3.3 2.6 3.5 4.2 3.7 2.6 3.5 4.2 3.7 1967: 1..................... II.................... I ll................... IV................... 3,918.7 3,919.6 3,950.8 3,981.0 3,873.6 3,915.0 3,934.9 3,969.8 3,946.7 3,946.8 3,980.8 4,010.1 3.6 0.1 3.2 3.1 4.1 4.3 2.0 3.6 20.874 21.002 21.194 21.426 20.393 20.518 20.708 20.930 20.868 20.980 21.185 21.419 20.852 20.963 21.169 21.403 2.0 2.5 3.7 4.5 1.6 2.5 3.8 4.4 1.8 2.2 4.0 4.5 1.8 2.1 4.0 4.5 1968: 1..................... II.................... I ll................... IV................... 4,063.0 4,132.0 4,160.3 4,178.3 4,052.9 4,093.6 4,152.2 4,178.6 4,092.9 4,162.5 4,191.6 4,209.4 8.5 7.0 2.8 1.7 8.7 4.1 5.9 2.6 21.658 21.900 22.111 22.418 21.156 21.377 21.600 21.900 21.653 21.880 22.096 22.407 21.638 21.864 22.080 22.390 4.4 4.5 3.9 5.7 4.4 4.2 4.2 5.7 4.4 4.3 4.0 5.7 4.5 4.2 4.0 5.7 1969: 1..................... II.................... Ill................... IV................... 4,244.1 4,256.5 4,283.4 4,263.3 4,221.8 4,242.6 4,264.6 4,265.4 4,275.4 4,286.6 4,312.3 4,292.1 6.5 1.2 2.6 -1.9 4.2 2.0 2.1 0.1 22.644 22.946 23.279 23.571 22.109 22.407 22.724 23.012 22.640 22.932 23.260 23.561 22.623 22.914 23.242 23.542 4.1 5.4 5.9 5.1 3.9 5.5 5.8 5.2 4.2 5.3 5.8 5.3 4.2 5.2 5.8 5.3 1970: 1..................... II.................... I ll................... IV................... 4,256.6 4,264.3 4,302.3 4,256.6 4,277.0 4,268.7 4,307.0 4,299.0 4,286.2 4,294.9 4,332.4 4,284.3 -0.6 0.7 3.6 -4.2 1.1 -0.8 3.6 -0.7 23.898 24.241 24.432 24.742 23.346 23.670 23.892 24.204 23.895 24.226 24.417 24.730 23.877 24.208 24.399 24.712 5.7 5.9 3.2 5.2 5.9 5.7 3.8 5.3 5.8 5.7 3.2 5.2 5.8 5.7 3.2 5.2 1971: 1..................... II.................... I ll................... IV................... 4,374.0 4,398.8 4,433.9 4,446.3 4,352.2 4,382.3 4,420.9 4,474.2 4,406.6 4,433.2 4,465.1 4,479.1 11.5 2.3 3.2 1.1 5.0 2.8 3.6 4.9 25.115 25.451 25.705 25.909 24.563 24.894 25.166 25.378 25.104 25.433 25.689 25.896 25.086 25.416 25.673 25.878 6.2 5.5 4.1 3.2 6.1 5.5 4.4 3.4 6.2 5.3 4.1 3.3 6.2 5.4 4.1 3.2 1972: 1..................... II.................... I ll................... IV................... 4,525.8 4,633.1 4,677.5 4,754.5 4,536.3 4,611.6 4,653.2 4,761.4 4,560.0 4,666.8 4,714.0 4,790.8 7.3 9.8 3.9 6.8 5.7 6.8 3.7 9.6 26.333 26.486 26.728 27.041 25.775 25.952 26.207 26.514 26.297 26.452 26.708 27.060 26.279 26.435 26.691 27.044 6.7 2.3 3.7 4.8 6.4 2.8 4.0 4.8 6.3 2.4 3.9 5.4 6.3 2.4 3.9 5.4 1973: 1..................... II.................... I ll................... IV................... 4,876.2 4,932.6 4,906.3 4,953.1 4,865.8 4,889.7 4,895.7 4,901.4 4,917.9 4,977.0 4,957.9 5,005.1 10.6 4.7 -2.1 3.9 9.1 2.0 0.5 0.5 27.394 27.851 28.383 28.869 26.862 27.368 27.872 28.391 27.380 27.804 28.346 28.907 27.365 27.789 28.330 28.893 5.3 6.8 7.9 7.0 5.4 7.8 7.6 7.7 4.8 6.3 8.0 8.2 4.8 6.3 8.0 8.2 1974: 1..................... II.................... I ll................... IV................... 4,909.6 4,922.2 4,873.5 4,854.3 4,895.4 4,900.8 4,885.7 4,814.7 4,970.5 4,979.8 4,926.0 4,899.7 -3.5 1.0 -3.9 -1.6 -0.5 0.4 -1.2 -5.7 29.465 30.125 31.063 32.022 29.145 29.981 30.903 31.806 29.463 30.166 31.059 31.987 29.445 30.146 31.038 31.964 8.5 9.3 13.0 12.9 11.1 12.0 12.9 12.2 7.9 9.9 12.4 12.5 7.9 9.9 12.4 12.5 1975: 1..................... II.................... I ll................... IV................... 4,795.3 4,831.9 4,913.3 4,977.5 4,852.4 4,902.1 4,946.2 5,004.6 4,833.4 4,870.4 4,954.8 5,026.9 -4.8 3.1 6.9 5.3 3.2 4.2 3.6 4.8 32.760 33.237 33.857 34.454 32.501 32.991 33.563 34.144 32.729 33.216 33.835 34.433 32.706 33.193 33.814 34.413 9.5 6.0 7.7 7.2 9.0 6.2 7.1 7.1 9.6 6.1 7.7 7.3 9.6 6.1 7.7 7.3 1976: 1..................... II.................... I ll................... IV................... 5,090.7 5,128.9 5,154.1 5,191.5 5,073.8 5,090.9 5,122.4 5,194.0 5,138.6 5,178.8 5,204.4 5,243.0 9.4 3.0 2.0 2.9 5.6 1.4 2.5 5.7 34.841 35.208 35.680 36.291 34.531 34.905 35.407 35.989 34.807 35.178 35.655 36.300 34.789 35.160 35.639 36.284 4.6 4.3 5.5 7.0 4.6 4.4 5.9 6.7 4.4 4.3 5.5 7.4 4.4 4.3 5.6 7.4 February 2011 S urvey of D-53 C u r r e n t B u s in e s s Table C.1. GDP and Other Major NIPA Aggregates—Continues [Quarterly estimates are seasonally adjusted at annual rates] Billions of chained (2005) dollars Year and Quarter ............ Gross domestic product Final sales of domestic product Gross national product Percent change from preceding period Real gross domestic product Chain-type price indexes [2005=100] Real final sales of domestic product Implicit price deflators [2005=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 pric e deflators Gross domestic product Gross national product 1977: I II.................... Ill................... IV................... 5,251.8 5,356.1 5,451.9 5,450.8 5,242.7 5,327.0 5,383.0 5,426.9 5,310.6 5,413.8 5,509.0 5,501.5 4.7 8.2 7.3 -0.1 3.8 6.6 4.3 3.3 36.901 37.491 38.009 38.652 36.668 37.295 37.864 38.517 36.911 37.438 37.894 38.725 36.894 37.423 37.881 38.709 6.9 6.6 5.6 6.9 7.8 7.0 6.2 7.1 6.9 5.8 5.0 9.1 6.9 5.9 5.0 9.0 1978: I II.................... I ll................... IV................... ............ 5,469.4 5,684.6 5,740.3 5,816.2 5,433.8 5,649.4 5,701.2 5,774.5 5,528.1 5,733.5 5,793.7 5,877.5 1.4 16.7 4.0 5.4 0.5 16.8 3.7 5.2 39.290 40.048 40.741 41.571 39.145 39.900 40.592 41.369 39.292 40.016 40.681 41.540 39.275 40.001 40.667 41.525 6.8 7.9 7.1 8.4 6.7 7.9 7.1 7.9 6.0 7.6 6.8 8.7 6.0 7.6 6.8 8.7 1979: I II.................... I ll................... IV................... 5,825.9 5,831.4 5,873.3 5,889.5 5,792.7 5,792.4 5,876.4 5,903.2 5,888.8 5,901.8 5,957.3 5,972.9 0.7 0.4 2.9 1.1 1.3 0.0 5.9 1.8 42.334 43.364 44.260 45.136 42.169 43.244 44.345 45.429 42.282 43.325 44.263 45.155 42.267 43.307 44.245 45.136 7.5 10.1 8.5 8.2 8.0 10.6 10.6 10.1 7.3 10.2 8.9 8.3 7.3 10.2 8.9 8.3 1980: I II.................... Ill................... IV................... 5,908.5 5,787.4 5,776.6 5,883.5 5,914.7 5,798.8 5,874.4 5,926.8 5,993.4 5,865.8 5,850.6 5,943.7 1.3 -7.9 -0.7 7.6 0.8 -7.6 5.3 3.6 46.126 47.156 48.232 49.591 46.678 47.827 48.914 50.211 46.105 47.137 48.215 49.551 46.085 47.117 48.194 49.529 9.1 9.2 9.4 11.8 11.5 10.2 9.4 11.0 8.7 9.3 9.5 11.6 8.7 9.3 9.5 11.5 1981: I II.................... Ill................... IV................... ............ 6,005.7 5,957.8 6,030.2 5,955.1 5,956.0 5,967.8 5,974.8 5,939.5 6,069.9 6,018.3 6,094.4 6,027.2 8.6 -3.2 4.9 -4.9 2.0 0.8 0.5 -2.3 50.894 51.802 52.754 53.674 51.534 52.460 53.271 54.193 50.808 51.769 52.685 53.646 50.788 51.747 52.666 53.628 10.9 7.3 7.6 7.2 11.0 7.4 6.3 7.1 10.5 7.8 7.3 7.5 10.6 7.8 7.3 7.5 1982: I II.................... I ll.................. IV.................. 5,857.3 5,889.1 5,866.4 5,871.0 5,922.8 5,920.3 5,881.5 5,968.6 5,925.6 5,965.7 5,931.4 5,933.6 -6.4 2.2 -1.5 0.3 -1.1 -0.2 -2.6 6.1 54.430 55.105 55.870 56.463 54.906 55.494 56.231 56.806 54.375 55.033 55.816 56.422 54.356 55.013 55.795 56.401 5.8 5.1 5.7 4.3 5.4 4.4 5.4 4.2 5.5 4.9 5.8 4.4 5.5 4.9 5.8 4.4 1983: I II.................... Ill.................. IV.................. 5,944.0 6,077.6 6,197.5 6,325.6 6,031.7 6,117.1 6,230.5 6,312.4 6,005.9 6,143.5 6,264.6 6,395.3 5.1 9.3 8.1 8.5 4.3 5.8 7.6 5.4 56.946 57.362 57.947 58.366 57.157 57.550 58.113 58.447 56.880 57.296 57.880 58.305 56.861 57.280 57.864 58.290 3.5 3.0 4.1 2.9 2.5 2.8 4.0 2.3 3.3 3.0 4.1 3.0 3.3 3.0 4.1 3.0 1984: I II.................... I ll.................. IV................... 6,448.3 6,559.6 6,623.3 6,677.3 6,354.6 6,471.1 6,530.8 6,626.0 6,512.8 6,624.4 6,687.5 6,734.4 8.0 7.1 3.9 3.3 2.7 7.5 3.7 6.0 59.091 59.624 60.111 60.466 59.172 59.699 60.113 60.431 59.045 59.551 60.029 60.413 59.029 59.535 60.012 60.394 5.1 3.7 3.3 2.4 5.1 3.6 2.8 2.1 5.2 3.5 3.2 2.6 5.2 3.5 3.2 2.6 1985: I II.................... Ill................... IV................... 6,740.3 6,797.3 6,903.5 6,955.9 6,738.3 6,789.6 6,899.9 6,928.1 6,785.7 6,845.8 6,943.5 7,000.5 3.8 3.4 6.4 3.1 7.0 3.1 6.7 1.6 61.157 61.471 61.763 62.142 61.009 61.356 61.679 62.169 61.083 61.431 61.683 62.087 61.062 61.415 61.677 62.078 4.7 2.1 1.9 2.5 3.9 2.3 2.1 3.2 4.5 2.3 1.7 2.6 4.5 2.3 1.7 2.6 1986: I II.................... Ill.................. IV................... 7,022.8 7,051.0 7,119.0 7,153.4 6,999.4 7,052.2 7,151.4 7,192.0 7,061.9 7,079.0 7,150.4 7,174.6 3.9 1.6 3.9 1.9 4.2 3.0 5.8 2.3 62.457 62.769 63.165 63.622 62.511 62.637 63.081 63.562 62.403 62.732 63.089 63.513 62.391 62.716 63.071 63.491 2.0 2.0 2.5 2.9 2.2 0.8 2.9 3.1 2.1 2.1 2.3 2.7 2.0 2.1 2.3 2.7 1987: I II.................... Ill................... IV................... 7,193.0 7,269.5 7,332.6 7,458.0 7,172.8 7,268.4 7,355.2 7,388.3 7,217.0 7,299.6 7,361.9 7,490.1 2.2 4.3 3.5 7.0 -1.1 5.4 4.9 1.8 64.122 64.482 64.990 65.456 64.191 64.645 65.191 65.668 64.105 64.471 64.977 65.475 64.088 64.458 64.964 65.460 3.2 2.3 3.2 2.9 4.0 2.9 3.4 3.0 3.8 2.3 3.2 3.1 3.8 2.3 3.2 3.1 1988: I II.................... Ill................... IV................... 7,496.6 7,592.9 7,632.1 7,734.0 7,497.5 7,587.9 7,624.0 7,721.9 7,536.7 7,629.6 7,665.1 7,770.3 2.1 5.2 2.1 5.5 6.0 4.9 1.9 5.2 65.982 66.618 67.408 67.952 66.220 66.854 67.479 68.081 66.012 66.632 67.384 67.895 65.997 66.617 67.368 67.883 3.3 3.9 4.8 3.3 3.4 3.9 3.8 3.6 3.3 3.8 4.6 3.1 3.3 3.8 4.6 3.1 1989: I II.................... I ll................... IV................... 7,806.6 7,865.0 7,927.4 7,944.7 7,759.2 7,834.5 7,933.2 7,943.1 7,842.3 7,899.3 7,964.5 7,990.1 3.8 3.0 3.2 0.9 1.9 3.9 5.1 0.5 68.662 69.346 69.816 70.256 68.835 69.581 69.958 70.451 68.664 69.340 69.795 70.257 68.652 69.331 69.790 70.254 4.2 4.0 2.7 2.5 4.5 4.4 2.2 2.8 4.6 4.0 2.7 2.7 4.6 4.0 2.7 2.7 1990: I II.................... I ll................... IV................... 8,027.7 8,059.6 8,059.5 7,988.9 8,029.3 8,032.8 8,048.6 8,020.0 8,070.3 8,103.5 8,096.5 8,057.0 4.2 1.6 0.0 -3.5 4.4 0.2 0.8 -1.4 71.109 71.936 72.604 73.202 71.405 72.070 72.884 73.801 71.106 71.931 72.593 73.176 71.103 71.926 72.589 73.177 4.9 4.7 3.8 3.3 5.5 3.8 4.6 5.1 4.9 4.7 3.7 3.3 4.9 4.7 3.7 3.3 1991: I II.................... I ll................... IV................... 7,950.2 8,003.8 8,037.5 8,069.0 7,988.0 8,045.4 8,056.5 8,049.1 8,001.5 8,040.2 8,069.5 8,111.2 -1.9 2.7 1.7 1.6 -1.6 2.9 0.6 -0.4 73.985 74.503 75.067 75.492 74.308 74.644 75.135 75.579 73.963 74.490 75.069 75.505 73.962 74.487 75.063 75.498 4.3 2.8 3.1 2.3 2.8 1.8 2.7 2.4 4.4 2.9 3.1 2.3 4.4 2.9 3.1 2.3 1992: I II.................... I ll................... IV................... 8,157.6 8,244.3 8,329.4 8,417.0 8,173.5 8,232.0 8,322.5 8,409.1 8,199.3 8,285.3 8,366.1 8,455.0 4.5 4.3 4.2 4.3 6.3 2.9 4.5 4.2 75.919 76.371 76.710 77.146 76.051 76.525 76.967 77.353 75.889 76.358 76.713 77.149 75.878 76.346 76.700 77.138 2.3 2.4 1.8 2.3 2.5 2.5 2.3 2.0 2.0 2.5 1.9 2.3 2.0 2.5 1.9 2.3 1993: I II.................... I ll................... IV................... 8,432.5 8,486.4 8,531.1 8,643.8 8,403.6 8,474.1 8,540.5 8,642.8 8,480.0 8,525.2 8,577.4 8,670.4 0.7 2.6 2.1 5.4 -0.3 3.4 3.2 4.9 77.620 78.042 78.409 78.816 77.773 78.204 78.502 78.876 77.610 78.039 78.399 78.829 77.607 78.039 78.402 78.834 2.5 2.2 1.9 2.1 2.2 2.2 1.5 1.9 2.4 2.2 1.9 2.2 2.5 2.2 1.9 2.2 ............ ............ ............ ............ ............ ............ ............ ............ ............ ............ ............ ............ ............ ............ D-54 February 2011 National Data Table C.1. GDP and Other Major NIPA Aggregates—Table Ends [Quarterly estimates are seasonally adjusted at annual rates] Billions of chained (2005) dollars Year and Quarter Gross domestic product Final sales of domestic product Gross national product Percent change from preceding period Real gross domestic product Chain-type price indexes [2005=100] Real final sales of domestic product Gross domestic product Gross domestic purchases Implicit price deflators [2005=100] Gross domestic product Gross national product Percent change from preceding period Chain-type price index Implicit price deflators Gross domestic product Gross domestic product Gross domestic purchases Gross national product I ..................... II.................... I ll................... IV................... 8,727.9 8.847.3 8.904.3 9,003.2 8,689.0 8,762.2 8,857.2 8,928.4 8,763.3 8,877.5 8,931.5 9,029.7 4.0 5.6 2.6 4.5 2.2 3.4 4.4 3.3 79.250 79.633 80.080 80.503 79.264 79.694 80.245 80.646 79.244 79.621 80.094 80.507 79.247 79.625 80.096 80.510 2.0 2.2 2.8 2.0 2.1 1.9 2.4 2.1 2.1 I ..................... II.................... I ll................... IV................... 9,025.3 9,044.7 9,120.7 9,184.3 8.966.4 9.019.4 9,126.8 9,180.1 9,063.8 9,086.4 9,145.0 9,222.5 1.0 0.9 3.4 2.8 1.7 2.4 4.9 2.4 80.985 81.346 81.691 82.110 81.110 81.539 81.840 82.208 80.969 81.328 81.710 82.125 80.973 81.334 81.717 82.132 2.3 2.3 2.3 1.8 1.8 1.5 1.9 2.0 1.9 2.0 I ..................... II.................... I ll................... IV................... 9,247.2 9,407.1 9,488.9 9,592.5 9.259.4 9,392.1 9,433.0 9.565.4 9,292.9 9,442.1 9,520.0 9,629.6 2.8 7.1 3.5 4.4 3.5 5.9 1.8 5.7 82.554 82.859 83.269 83.650 82.642 82.920 83.287 83.752 82.600 82.916 83.179 83.638 82.608 82.925 83.186 83.645 2.1 2.3 1.5 1.3 2.2 2.3 1.5 1.3 2.2 I ..................... II.................... I ll................... IV................... 9,666.2 9,809.6 9,932.7 10,008.9 9,632.6 9,709.3 9,862.5 9,925.9 9,693.2 9,845.8 9,959.7 10,028.3 3.1 6.1 5.1 3.1 2.8 3.2 6.5 2.6 84.075 84.450 84.686 85.007 84.118 84.273 84.463 84.735 84.179 84.375 84.669 84.982 84.184 84.378 84.673 84.982 2.6 0.9 1.4 1.5 2.6 0.9 1.4 1.5 I ..................... II.................... I ll................... IV................... 10,103.4 10,194.3 10,328.8 10,507.6 9,988.3 10,157.1 10,274.3 10,448.5 10,133.3 10,221.2 10,340.3 10,521.2 3.8 3.6 5.4 7.1 2.5 6.9 4.7 7.0 85.134 85.344 85.663 85.888 84.689 84.810 85.054 85.297 85.125 85.329 85.656 85.914 85.125 85.327 85.653 85.913 1.2 1.1 0.7 1.0 1.5 1.2 0.7 1.0 1.5 1.2 I ..................... II.................... I ll................... IV................... 10,601.2 10,684.0 10,819.9 11,014.3 10,517.3 10,648.2 10,779.7 10,917.5 10,628.0 10,716.6 10,848.9 11,055.0 3.6 3.2 5.2 7.4 2.7 5.1 5.0 5.2 86.252 86.615 86.919 87.275 85.634 86.100 86.509 86.974 86.298 86.602 86.924 87.230 86.295 86.600 86.922 87.229 1.6 1.8 2.2 1.9 2.2 1.4 1.5 1.4 1.4 1.5 1.4 2000: I ..................... II.................... I ll................... IV................... 11,043.0 11.258.5 11,267.9 11.334.5 11,027.6 11,158.0 11,206.4 11,278.1 11,078.6 11,297.8 11,302.4 11,396.4 1.1 8.0 0.3 2.4 4.1 4.8 1.7 2.6 87.939 88.386 88.908 89.359 87.778 88.153 88.716 89.204 87.924 88.370 88.903 89.371 87.922 88.367 88.901 89.369 3.7 1.7 2.6 2.2 3.2 2.0 2.4 3.2 2.0 2.4 2.1 2.1 2001: I ..................... II.................... I ll................... IV................... 11,297.2 11,371.3 11.340.1 11.380.1 11,335.1 11,385.2 11.373.8 11.472.8 11,343.3 11,426.4 11,369.9 11,479.0 -1.3 2.6 -1.1 1.4 2.0 1.8 -0.4 3.5 89.977 90.603 90.891 91.144 89.738 90.142 90.274 90.337 89.979 90.590 90.874 91.151 89.976 90.587 90.873 91.150 2.4 1.8 0.6 0.3 2.7 2.7 1.3 1.2 2.7 2.7 1.3 1.2 2002: I ..................... II.................... I ll................... IV................... 11,477.9 11.538.8 11,596.4 11.598.8 11,496.4 11,528.9 11,579.7 11,569.1 11,534.0 11,575.1 11,648.5 11,669.9 3.5 2.1 2.0 0.1 0.8 1.1 1.8 -0.4 91.469 91.873 92.282 92.828 90.642 91.223 91.621 92.200 91.469 91.881 92.284 92.828 91.466 91.875 92.279 92.821 1.4 2.6 1.8 2.6 1.4 1.4 2.4 2.4 2003: I ..................... II.................... I ll................... IV................... 11,645.8 11.738.7 11,935.5 12.042.8 11,616.5 11,743.8 11,933.4 12,005.3 11,701.8 11,809.3 12,005.6 12,140.2 1.6 3.2 6.9 3.6 1.6 4.5 6.6 2.4 93.501 93.780 94.304 94.813 93.105 93.174 93.712 94.207 93.496 93.776 94.304 94.799 93.492 93.771 94.300 94.795 4.0 0.3 2.3 2.1 2.9 1.2 2.3 2.1 2.9 1.2 2.3 2.1 2004: I ..................... II.................... I ll................... IV................... 12,127.6 12,213.8 12,303.5 12,410.3 12,076.2 12,136.3 12,241.1 12,339.2 12,243.7 12,303.0 12,403.5 12,483.7 2.8 2.9 3.0 3.5 2.4 2.0 3.5 3.2 95.624 96.441 97.146 97.864 95.151 96.002 96.766 97.681 95.626 96.435 97.131 97.862 95.623 96.433 97.128 97.860 4.1 3.6 3.2 3.8 3.5 3.4 2.9 3.0 3.5 3.4 2.9 3.0 2005: I ..................... II.................... I ll................... IV................... 12.534.1 12,587.5 12.683.2 12,748.7 12,443.2 12,572.0 12,671.2 12,667.2 12,642.6 12.684.5 12.789.5 12,825.6 4.1 1.7 3.1 2.1 3.4 4.2 3.2 -0.1 98.774 99.445 100.470 101.312 98.561 99.333 100.541 101.565 98.766 99.438 100.461 101.309 98.764 99.437 100.463 101.314 3.7 3.2 5.0 4.1 3.7 2.7 4.2 3.4 3.7 2.8 4.2 3.4 2006: I ..................... II.................... I ll................... IV................... 12.915.9 12,962.5 12.965.9 13,060.7 12.851.3 12,891.0 12.898.3 13,027.8 12,994.2 13,035.4 13,025.1 13,129.5 5.4 1.4 0.1 3.0 5.9 1.2 0.2 4.1 102.071 102.980 103.763 104.237 102.275 103.173 103.910 104.162 102.071 102.973 103.756 104.218 102.076 102.976 103.760 104.217 2.8 3.6 2.9 1.0 3.0 3.6 3.1 1.8 3.0 3.6 3.1 1.8 2007: I ..................... II.................... I ll................... IV................... 13,089.3 13,194.1 13.268.5 13.363.5 13,071.1 13,146.4 13,230.4 13,352.2 13,155.8 13,269.0 13.404.4 13.548.5 0.9 3.2 2.3 2.9 1.3 2.3 2.6 3.7 105.366 106.188 106.709 106.940 105.297 106.118 106.653 107.644 105.349 106.169 106.706 106.943 105.351 106.169 106.703 106.949 4.4 3.2 2.0 3.8 4.4 3.2 2.0 0.9 4.4 3.1 2.0 0.9 2008: I ..................... II.................... I ll................... IV................... 13,339.2 13,359.0 13,223.5 12,993.7 13,346.2 13,382.4 13,249.6 13,094.1 13,516.8 13.519.7 13.408.7 13,109.5 -0.7 0.6 -4.0 -6.8 -0.2 1.1 -3.9 -4.6 107.454 108.295 109.488 109.154 108.693 109.887 110.953 109.720 107.416 108.330 109.539 109.216 107.427 108.340 109.550 109.213 4.0 4.5 3.9 -4.4 1.8 3.4 4.5 1.8 3.4 4.5 - 12,945.5 12,929.4 13,013.8 13,170.1 -4.9 -0.7 1.6 5.0 -3.9 0.2 0.4 2.1 109.465 109.555 109.759 109.693 109.163 109.326 109.702 110.265 109.484 109.558 109.750 109.665 109.476 109.550 109.744 109.664 -2.0 0.6 1.4 2.1 1.0 0.3 0.7 -0.3 1.0 0.3 0.7 -0.3 13,313.0 13,372.7 13,449.3 3.7 1.7 2.6 3.2 1.1 0.9 0.9 7.1 109.959 110.485 111.060 111.153 110.838 110.852 111.034 111.618 109.952 110.488 111.045 111.118 109.950 110.479 111.036 2.1 0.1 0.7 1.1 1.0 1.9 2.0 1994: 1995: 1996: 1997: 1998: 1999: 2009: I ..................... II.................... I ll................... IV................... 12,832.6 12,810.0 12,860.8 13,019.0 12,964.2 12,971.4 12,984.5 13,051.1 2010: I ..................... II.................... I ll................... IV................... 13,138.8 13,194.9 13.278.5 13.382.6 13,085.5 13,114.7 13,145.3 13,372.6 2.1 1.8 1.4 1.8 2.3 1.8 0.7 0.9 1.3 - 0.2 0.6 2.1 1.9 2.4 2.1 1.8 1.8 1.8 1.2 2.0 2.0 0.3 1.8 1.8 - 1.2 February 2011 D-55 D. C harts All series are seasonally adjusted at annual rates. The percent changes in real gross domestic product are based on quarter-to-quarter changes. The shaded areas mark the beginning and end of recessions as determined by the Business Cycle Dating Committee of the National Bureau of Economic Research. SELECTED NIPA SERIES Th o usands of chained (2005) dollars 45 40 - 40 35 30 - 30 25 20 62 P ercent 64 66 68 70 Dec Nov 72 74 Nov 76 Mar 78 80 Jan JlyJly 82 Nov 84 86 90 Jly Mar 92 94 96 98 00 02 Mar Nov 04 06 08 Dec 10 Jun REAL GROSS DOMESTIC PRODUCT (PERCENT CHANGE) 10 -5 U.S. Bureau of Economic Analysis National Data D-56 February 2011 SELECTED NIPA SERIES Percent Dec Nov Nov Mar Jan Jly J ly Nov Mar Nov Jly Mar Dec Jun SHARES OF FEDERAL GOVERNMENT RECEIPTS 50- Personal current taxes ✓'S 40- _ - 50 I / \ J “/ - 40 Contributions for governm ent social insurance - 30 2 0 - - 20 - 10 Taxes on corporate income Taxes on production and im ports Percent Dec Nov Nov Mar Jan Jly J ly Nov Jly Mar Mar Nov Dec Jun SHARES OF FEDERAL GOVERNM ENT CURRENT EXPENDITURES - 60 Current transfer payments - 50 - 40 -------------------------------'— s Consum ption expenditures - 30 - 20 2 - - 2 0 - - 0 -2 - - -2 _4_ --------4 -6 — - -8 ------- 8 -1 0 H — 10 Interest paym ents Percent 4 -1 2 U.S. Bureau of Economic Analysis Dec Nov Nov Mar____________ Jan Jly Jly Nov Jly Mar Mar Nov Dec Jun -6 12 February 2011 S urvey of D-57 C u r r e n t B u s in e s s SELECTED NIPA SERIES Percent Dec Nov Nov Mar Jan Jly J ly Nov Jly Mar M ar Nov Dec Jun Dec Nov Nov Mar Jan J lyJ ly Nov Jly Mar Mar Nov Dec Jun Percent 25 25 RATIO, INVESTMENT TO GROSS IOSS NATIONAL PRODUCT v. . . v 20 US? . / A y V « \ / v / ^ - / V \ / A r Gross dom estic investm ent plus balance on current account (NIPAs) H - ^ 20 JS 15 V 10 ' S- V' Gross private dom estic investment \ / V it ______ / \ \ 15 ■ 'V - - 10 Gross governm ent investment 5 - -5 - -1 0 i 62 i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i r 64 66 68 Percent 70 72 74 Dec Nov Nov 76 78 Mar 80 Jan Jly J ly 82 84 86 88 Nov 90 92 94 96 98 Jly Mar 00 02 04 06 08 Mar Nov Dec 10 Jun 70 70 SHARES OF G ROSS PRIVATE DO MESTIC FIXED INVESTMENT 60 - 60 r / __» * > ^ \ / 50 - / — 4 ' f f 40 _/ J r ■ - 'v 30 - ■ V v v Nonresidential equipm ent and software x- - 50 - 40 - 30 - 20 A \ 1 /t / Residential investment . A \ 20 - ' Nonresidential structures 10 ' x _ _______ / n i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i r 62 64 66 U.S. Bureau of Economic Analysis 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10 10 National Data D-58 February 2011 SELECTED NIPA SERIES 2009 1962 SHARES OF NATIONAL INCOME Supplem ents to wages and salaries, 5.3% W age and salary accruals, 56.6% Supplem ents to wages and salaries, 12.2% W age and salary accruals, 51.2% Proprietors’ income, 8.5% P roprietors’ income, 10.5% Rental income of persons, 2.2% Rental income of persons, 3.5% C orporate profits, 10.7% Corporate profits, 11.8% interest and misc. payments, Net interest and misc. payments, 2.7% Other, 0.2% Taxes on production and imports, 9.5% S HARES OF G ROSS DO MESTIC PRODUCT BY SECTOR O ther 0 5% Taxes on production and im ports, 8.3% 2009 1962 Business 74.8% Business, 79.2% Households, 7.5% Households, 6.3% Nonprofit institutions serving households, 2.4% G eneral government, federal, 3.9% General government, federal 6.2% G eneral government, state and local, 8.4% General government, state and local 5.8% SHARES O F GROSS DO M ESTIC PURCHASES Personal consum ption expenditures, 62.5% Nonprofit institutions serving households, 5.4% 2009 1962 Personal consum ption expenditures, 68.9% Private nonresidential investment, 10.2% Private residential investment, 5.0% Private nonresidential investment, 8.7% Private residential investment, 2.5% Federal governm ent,' 7.8% Federal governm ent,* 12.9% State and local governm ent,* 12.2% and local governm ent,* 9.4% C o nsum p tio n expenditures and gross investment U.S. Bureau of Economic Analysis February 2011 SELECTED NIPA SERIES S urvey of C u r r e n t B u s in e s s D-59 National Data D-60 February 2011 SELECTED NIPA SERIES Percent Dec Nov Nov Mar Jan Jly Jly Nov Jly Mar Mar Nov 20 PROFIT Dec Jun IN, DO M ESTIC NO NFINANCIAL CORPORATIONS* 16 Before tax After tax •Ratio of corporate profits per unit to cost and profit p er unit l 62 l l 64 l l 66 Ratio l l l 68 l 70 Dec Nov l l l 72 l 74 Nov I I 76 Mar I I 78 I l 80 J a n J Iy J ly I l 82 Nov l I 84 l l 86 l l I 88* I I 90 I l 92 I I 94 I I 96 I 98 I I I 00 Jly Mar I I 02 I I 04 I 06 'I......I.. I 08 10 Dec M ar Nov Jun 6 INVENTORY/SALES RATIOS, CURRENT DO LLAR’ Ratio of private nonfarm inventories to final sales of goods and structures Ratio of private inventories toy; final sales of dom estic business Ratio of private nonfarm inventories to final sales of dom estic business 'B ased on current-dollar estim ates of inventories and sales ------------------------ 1 I I " " I I I I I I I' I I Ratio Dec Nov Nov Mar J a n J Iy J ly Nov Jly Mar M ar Nov Dec Jun 6 INVENTORY/SALES RATIO! ■ mm Ratio of private nonfarm inventories to final sales of goods and structures — Ratio of private inventories to final sales of dom estic business ^ lilji _____— Ratio of private nonfarm inventories to ’ final sales of dom estic business nUKi 'H - ‘ Based on chained (2005) dollar estim ates of inventories and sales I I i I I i i I 96 Bureau of Economic Analysis ........................ I I 98 I I " 00 I I 02 I I 04 I I 06 I..... I" 08 ! 10 February 2011 D-61 Industry Data E. In d u stry Table The statistics in this table were published in tables 3a and 5a in “Annual Industry Accounts: Revised Statistics for 2007-2009” in the January 2011 S u r v e y o f C u r r e n t B u s in e s s . Table E.1. Percent Changes in Chain-Type Quantity and Price Indexes for Value Added by Industry for 2007-2009 Chain-type quantity indexes Line Chain-type price indexes Line 2007 2008 2009 2007 2008 2009 1 Gross domestic product......................................................... 7 Private industries.............................................................................. 1.9 0.0 -2.6 2.1 -0.7 -3.0 2.9 2.2 0.9 2.7 2.4 0.5 3 4 5 Agriculture, forestry, fishing, and hunting.............................. Farms........................................................................................... Forestry, fishing, and related activities.................................... -7.4 -a.y -2.b 9.1 13.3 -6.6 5.3 6.1 2.3 27.6 3b.b 4.0 1.4 -21.0 0.8 -2b.3 4.0 - 1 7 6 / 8 y Mining......................... Oil and gas extraction................................................................. Mining, except oil and gas......................................................... Support activities for mining...................................................... 3.0 -3.4 4.3 -10.0 -9.2 -0.9 10.9 19.9 27.4 45.3 12.6 -0.3 7.8 5.7 13.4 10.0 29.1 -40.4 43.7 -53.7 15.3 -9.2 -1.4 -13.7 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2b 26 2/ 28 29 30 31 32 33 34 35 36 3/ 38 39 40 41 42 43 44 Utilities............................................................................................ Construction.................................................................................. Manufacturing....................... Durable goods..................... Wood products............... Nonmetallic mineral products............................................... Primary metals............... Fabricated metal products .............................. M achinery....................... Computer and electronic products........ Electrical equipment, appliances, and components.......... Motor vehicles, bodies and trailers, and parts.................... Other transportation equipment............ Furniture and related products.............. Miscellaneous manufacturing................ Nondurable goods........................................ Food and beverage and tobacco products......................... Textile mills and textile product mills...... Apparel and leather and allied products Paper products........................................ Printing and related support activities... Petroleum and coal products.................. Chemical products.................................. Plastics and rubber products............................................... Wholesale trade............................................................................. Retail trade..................................................................................... Transportation and warehousing.............................................. Air transportation........................................................................ Rail transportation...................................................................... Water transportation................................................................... Truck transportation.................................................................... Transit and ground passenger transportation......................... Pipeline transportation.............................................................. Other transportation and support activities............................ Warehousing and storage......................................................... 3.4 -5.3 3.3 3.7 81 -1 8 -8.3 3.1 5.4 10.2 -4.1 -1.1 13.1 -8.1 4.2 2.8 3.4 b.2 -4.0 -3.5 ?7 -4 7 7.5 97 5.6 1.3 0.9 -0.7 -1 0 21.9 2.1 4.0 5.5 -3.9 37 6.0 -5.7 -4.8 1.0 -5.3 -6 9 2.2 -3.5 -0.1 1b.2 /. / -1 3 7 3.5 -17.8 2.6 -11.8 -10.6 0.0 -9.5 -13.0 -0 5 04 -?1.4 -17 0 -0.1 -6.9 0.8 -4.1 -1 ? 21.2 -2.6 -3.5 31.9 3.7 0.9 -9.0 -15.6 -8,6 -12.7 -1 7 4 -1? 5 3.0 -25.1 -22.2 3.4 -10.1 -25.6 -11.7 -26.9 -7.2 -3.4 -1 7 -27.5 -14.1 -8.3 -1 4 7 108 -3.6 -1 6 1 2.8 -1.9 -13.0 -8.4 -1 5 0 1.7 -15.7 -7.4 -32.9 -14.2 -/.b 1.8 6.6 -0 4 -1.5 -1 3 4 -0 5 7.6 3.7 2.0 -10.9 4.8 -2.8 0.2 3.3 1.5 1.0 -4.1 -2.5 0.1 2.4 -1 ? 1?? -0 1 -7 1 0.1 -0.1 1.6 1.5 47 -10.1 -0.7 2.3 4.5 4.2 3.6 -0.4 0.6 1.9 -2.7 -6.1 -4 8 2.0 4.2 0.1 -9.8 2 ./ -9.2 0.0 0.9 -0.3 8.0 12.6 3.3 0.0 5.6 -3 5 10 14.7 79 1.3 1.9 2.4 5.7 11 1 -9.6 0.8 1.0 -1.0 1.9 3.4 12.2 2.1 53 7.2 06 108 -31.5 20.6 15.5 -2.1 13.6 29.6 7.4 15.1 5.6 3.1 15.8 8.5 0.4 13.7 40 -?R 7 11 7 13 9 -7.7 -0.5 6.9 10.7 4? -5.2 7.5 7.7 10.3 8.3 2.0 45 46 4/ 48 49 Information..................................................................................... Publishing industries (includes software)................................ Motion picture and sound recording industries...................... Broadcasting and telecommunications................................... Information and data processing services.............................. 8.5 13.2 2.0 11.4 -5.9 4.1 2.4 -3.4 5.3 8.4 -2.5 -7.1 -2.6 -0.7 -1.2 -1.6 -0.2 3.1 -1.8 -7.2 -1.0 0.4 0.7 -1.9 -0.9 0.5 2.3 0.6 -0.2 0.0 1. C onsists of agriculture, forestry, fishing, and hunting; mining; construction; and m anufacturing. 2. Consists of utilities; w holesale trade; retail trade; transportation and w arehousing; inform ation; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social Chain-type quantity indexes Chain-type price indexes 2007 2008 2009 2007 2008 2009 50 51 5? 53 54 55 56 57 58 59 60 bl 62 63 64 65 fifi 67 68 69 70 71 72 73 74 /b 76 // /« 79 80 81 82 83 84 8b 86 87 88 89 90 91 1.7 Finance, insurance, real estate, rental, and leasing............ Finance and insurance........................................................... -2.2 Federal Reserve banks, credit intermediation, and related activities.............................................................................. -3 1 Securities, commodity contracts, and investments............ -1 5 6 Insurance carriers and related activities.............................. 6.3 Funds, trusts, and other financial vehicles......................... 6.6 Real estate and rental and leasing...................................... 4.3 Real estate.............................................................................. 4.8 Rental and leasing services and lessors of intangible assets.................................................................................. 0.2 Professional and business services......................................... 2.5 Professional, scientific, and technical services............... 3.0 Legal services........................................................................ -0.4 Computer systems design and related services............... 11.1 Miscellaneous professional, scientific, and technical services............................................................................... 2.2 Management of companies and enterprises..................... -1.4 Administrative and waste management services............ 3.9 Administrative and support services................................... 34 90 Waste management and remediation services.................. Educational services, health care, and social assistance... 1.8 Educational services................................................................ 07 Health care and social assistance....................................... 1.9 Ambulatory health care services.......................................... 1,4 Hospitals and nursing and residential care facilities.......... ?.o Social assistance.................................................................... 4? Arts, entertainment, recreation, accommodation, and food services...................................................................................... 1.5 Arts, entertainment, and recreation.................................... 2.8 Performing arts, spectator sports, museums, and related activities.............................................................................. 0.B Amusements, gambling, and recreation industries............ b.4 Accommodation and food services..................................... 11 Accommodation...................................................................... 1.8 Food services and drinking places...................................... 0.8 Other services, except government.......................................... 0.2 Government........................................................................................ 0.8 Federal............................................................................................. 0.3 General government... 0.8 Government enterprises............................................................ -3.2 State and local.............. 1n General government... 1.4 Government enterprises............................................................ -3.8 Addenda: Private goods-producing industries 1........................................... 0.6 Private services-producing industries 2........................................ 2.5 Information-communications-technology-producing industries3 8.8 0.0 -4.0 1.1 6.1 2.3 2.7 2.9 3.2 1.1 0.3 35 -1 3 ? -9.6 8.7 2.5 3.3 0.9 -7 7 16.3 18.1 -1.8 -1.7 18 10 3 0.5 -3.1 2.1 2.2 4? 90 -1.1 2.8 2.7 2.5 -0 9 -5 1 4.1 5.7 1.5 1.6 -4.6 3.1 4.2 -1.1 7.6 -2.2 -5.0 -3.4 -6.5 1.3 1.0 5.5 4.9 7.1 0.3 4.7 0.9 2.0 6.0 -1.4 0.4 1.3 1.1 3.9 -1.9 5.2 -3.5 2.4 -2.1 0.7 -11.1 0 5 -11 4 1 9 -8 5 1.1 4.0 1.7 -1.4 4.3 1.5 45 ?.? 0.9 46 06 ?? 5.3 11.4 3.6 37 79 4.4 6.0 4.1 45 38 40 -8.7 -7.8 5.0 3.3 3.0 2.2 -1.4 -b.4 -1.7 -1 0 ./ -5 6 - 9 0 -5.8 -6.6 -5.5 -9.9 -4.8 -6.8 0.8 2.1 3.6 2.6 b.8 3.9 -6.6 -13.3 1 9 -0 5 1.7 -0.2 4.7 -3.6 b.6 0.7 f if i 6.6 5.2 3.6 47 4.6 4.7 3.9 48 4.9 2.9 2.b 2.b 1.7 1.8 32 5.9 1.7 -1.5 3.9 9.0 3.9 5.6 3.2 2.8 2.3 1.7 2.4 0.8 2.1 9.4 36 3.3 3.8 2.6 1.2 12.6 -6.4 -2.1 -0.5 3.2 2.6 -4.9 -4.6 -1.6 -4.2 0.4 8.8 1.6 1.0 -1.3 -3.2 -0.5 47 -0 9 4.8 33 3.4 2.5 4.4 b.3 6.9 2.1 4.0 15 35 75 46 71 40 4.1 1.9 -3.8 5.0 2.2 -3.0 1.4 -0.7 assistance; arts, entertainm ent, recreation, accom m odation, and food services; and other services, except governm ent. 3. C onsists of com puter and electronic products; publishing industries (includes softw are); inform ation and data processing services; and com puter system s design and related services. D-62 February 2011 International Data F. Tran sactio n s Tables Selected U.S. international transactions tables are presented in this section. For BEA’s full set o f detailed estimates o f U.S. in ternational transactions, visit BEA’s Web site at www.bea.gov. Table F.1. U.S. International Transactions in Goods and Services [Millions of dollars, m onthly estim ates seasonally adjusted] 2009 2009 2010 2010 Nov. Dec. Exports of goods and services............................................. 1,570,797 1,831,835 138,997 143,353 J a n .r Feb. ' March ' A p rilr May ' June ' 144,685 144,540 150,208 147,948 152,188 150,242 July r 153,251 Aug. r Sept. r Oct. r N o v.r Dec. p 153,135 153,950 158,576 160,148 162,964 G oods...................................................................................... 1,068,499 1,289,059 93,908 107,697 Foods, feeds, and beverages........................................... 296,709 390,715 Industrial supplies and materials..................................... Capital goods, except automotive................................... 390,461 445,915 81,715 111,859 Automotive vehicles, parts, and engines........................ 150,044 165,751 Consumer goods (nonfood), except automotive............ Other goods........................................................................ 43,206 56,177 Adjustments 1..................................................................... 12,456 10,944 95,729 8,940 26,958 33,539 8,310 12,915 3,628 1,439 99,631 100,555 100,328 105,275 104,298 107,294 105,089 107,870 107,749 107,960 112,345 113,735 116,559 8,654 8,079 8,965 9,111 8,726 8,046 7,739 7,699 8,909 9,358 10,084 10,668 10,622 28,277 29,120 29,633 31,758 32,343 32,872 31,856 32,418 32,941 32,065 34,675 34,963 36,069 37,340 37,616 37,992 39,660 35,090 34,856 34,987 35,977 35,977 37,968 36,547 38,805 38,191 9,002 9,137 9,264 9,258 8,818 8,991 9,401 9,666 9,383 9,256 9,123 9,689 9,688 13,644 13,173 13,919 13,185 13,646 13,153 13,525 13,650 13,681 13,826 13,952 14,922 14,626 3,959 5,072 5,205 5,129 4,001 3,895 4,513 4,483 4,723 4,545 5,171 4,660 4,824 937 938 920 685 907 839 949 711 1,326 999 783 1,208 1,068 Services.................................................................................. Travel................................................................................... Passenger fa re s................................................................. Other transportation.......................................................... Royalties and license fees................................................ Other private services....................................................... Transfers under U.S. military agency sales contracts2 U.S. government miscellaneous services....................... 43,268 7,926 2,089 3,220 8,211 20,497 1,199 126 43,723 8,051 2,173 3,114 8,353 20,690 1,213 129 44,130 8,265 2,289 3,167 8,087 20,727 1,427 167 Imports of goods and services............................................. 1,945,705 2,329,659 174,270 180,485 179,383 502,298 93,917 26,424 35,406 89,791 238,332 17,096 1,333 542,776 103,208 31,258 39,728 97,279 251,599 18,227 1,478 44,212 8,245 2,376 3,241 7,991 20,785 1,420 154 44,933 8,496 2,502 3,283 8,060 21,064 1,396 133 43,649 8,014 2,341 3,213 8,051 20,469 1,451 111 44,894 8,544 2,688 3,326 8,002 20,734 1,495 105 45,153 8,641 2,777 3,408 8,009 20,690 1,518 108 184,310 189,765 188,567 194,233 200,230 Goods...................................................................................... 1,575,443 1,935,599 142,792 148,713 147,665 151,854 157,535 156,897 161,774 167,155 81,604 7,262 7,221 Foods, feeds, and beverages........................................... 91,723 6,725 6,919 7,504 7,500 7,709 7,733 462,512 601,303 43,353 47,446 46,653 49,285 Industrial supplies and materials..................................... 51,995 52,145 50,029 49,820 Capital goods, except automotive................................... 369,336 449,360 32,609 33,718 33,564 33,943 34,439 36,001 37,923 38,311 Automotive vehicles, parts, and engines........................ 157,629 225,194 16,098 16,026 17,329 17,026 16,731 17,601 19,480 20,769 Consumer goods (nonfood), except automotive............ 428,379 483,345 37,520 36,958 36,543 38,394 38,989 37,462 40,071 43,183 4,917 4,634 5,254 Other goods......................................................................... 60,165 61,128 5,122 5,093 5,209 5,133 4,664 Adjustments 1..................................................................... 15,818 23,547 1,571 1,524 1,775 1,827 1,818 1,873 1,899 2,085 Services... Travel.... Passenger fa re s................................................................. Other transportation.......................................................... Royalties and license fees................................................ Other private services....................................................... Direct defense expenditures 2.......................................... U.S. government miscellaneous services....................... 370,262 73,230 25,980 41,586 25,230 168,892 30,474 4,871 394,059 75,122 28,136 49,139 29,348 176,858 30,413 5,044 31,478 6,130 2,200 3,409 2,226 14,497 2,561 455 31,772 6,091 2,234 3,592 2,255 14,574 2,566 460 31,718 6,269 2,205 3,603 2,295 14,366 2,571 408 32,456 6,180 2,154 3,738 3,044 14,371 2,574 396 32,230 6,202 2,279 3,946 2,323 14,513 2,576 391 31,671 5,818 2,153 3,927 2,294 14,536 2,539 404 32,459 6,103 2,400 4,082 2,298 14,640 2,529 407 33,075 6,231 2,428 4,336 2,495 14,649 2,523 413 45,381 8,766 2,806 3,318 8,069 20,735 1,579 108 45,386 8,629 2,641 3,304 8,138 20,951 1,613 110 45,990 8,878 2,776 3,283 8,183 21,136 1,623 113 46,231 8,896 2,737 3,326 8,208 21,375 1,572 117 46,413 8,977 2,676 3,416 8,227 21,427 1,567 122 46,405 8,857 2,649 3,443 8,254 21,507 1,566 129 196,007 199,894 198,405 196,854 198,464 203,546 162,747 166,655 7,636 7,790 49,307 49,546 37,755 38,645 19,992 20,647 41,217 42,637 4,909 5,341 1,930 2,050 33,260 6,409 2,449 4,319 2,379 14,747 2,522 436 33,239 6,326 2,357 4,388 2,391 14,809 2,525 443 164,908 163,262 165,026 170,122 7,810 7,840 7,686 8,032 49,675 47,801 49,922 55,124 39,954 39,047 40,123 39,654 19,296 19,344 18,916 19,063 41,123 41,989 41,064 40,672 5,034 5,304 5,107 5,446 2,014 2,053 2,132 2,091 33,498 6,432 2,422 4,321 2,421 14,924 2,533 445 33,592 6,432 2,433 4,252 2,446 15,057 2,529 442 33,438 6,379 2,439 4,111 2,469 15,099 2,506 435 33,424 6,341 2,417 4,115 2,494 15,146 2,488 424 Memoranda: Balance on goods................................................................... -506,944 -646,541 -47,063 -49,082 -47,110 -51,525 -52,260 -52,598 -54,480 -62,066 -54,877 -58,906 -56,948 -50,917 -51,290 -53,563 11,979 Balance on services............................................................... 132,036 148,717 11,790 12,412 11,756 12,078 12,121 12,147 11,950 12,703 12,435 12,493 12,639 12,974 12,981 Balance on goods and services........................................... -374,908 -497,824 -35,273 -37,132 -34,698 -39,770 -39,557 -40,620 -42,045 -49,988 -42,756 -46,759 -44,455 -38,278 -38,316 -40,583 p Preliminary prepare international and national accounts, r Revised 2. Contains goods that cannot be separately identified. 1. Reflects adjustments necessary to bring Census Bureau data in line with the concepts and definitions used by BEA to Source: U.S. Bureau of Economic Analysis and U.S. Census Bureau. February 2011 S urvey of D-63 C u r r e n t B u s in e s s Table F.2. U.S. International Transactions [M illions of dollars] Not seasonally adjusted Line 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 71a 72 73 74 75 76 77 (Credits +; debits -) 2009 Current account Exports of goods and services and income receipts.............................. 2,159,000 Exports of goods and services................................................................... 1,570,797 Goods, balance of payments basis........................................................ 1,068,499 Services................................................................................................. 502,298 Transfers under U.S. military agency sales contracts....................... 17,096 Travel................................................................................................. 93,917 Passenger fares................................................................................ 26,424 Other transportation.......................................................................... 35,406 Royalties and license fees................................................................. 89,791 Other private services....................................................................... 238,332 U.S. government miscellaneous services......................................... 1,333 Income receipts.................. 588,203 Income receipts on U.S.-owned assets abroad.................................... 585,256 Direct investment receipts................................................................. 346,073 Other private receipts........................................................................ 234,458 U.S. government receipts.................................................................. 4,724 Compensation of employees................................................................. 2,947 Imports of goods and services and income payments........................... -2,412,489 Imports of goods and services................................................................... -1,945,705 Goods, balance of payments basis........................................................ -1,575,443 Services................................................................................................. -370,262 Direct defense expenditures.............................................................. -30,474 Travel................................................................................................. -73,230 Passenger fares................................................................................ -25,980 Other transportation.......................................................................... -41,586 Royalties and license fees................................................................. -25,230 Other private services -168,892 U.S. government miscellaneous services.......................................... -4,871 Income payments....................................................................................... -466,783 -456,027 Income payments on foreign-owned assets in the United States......... Direct investment payments.............................................................. -94,010 Other private payments..................................................................... -218,020 U.S. government payments............................................................... -143,997 Compensation of employees................................................................. -10,757 Unilateral current transfers, net.................................................................. -124,943 U.S. government grants.............................................................................. -41,638 U.S. government pensions and other transfers.......................................... -8,874 Private remittances and other transfers..................................................... -74,431 Capital account Capital account transactions, net............................................................... -140 Financial account U.S.-owned assets abroad, excluding financial derivatives (increase/ financial outflow (-))................................................................................ -140,465 U.S. official reserve assets......................................................................... -52,256 Gold....................................................................................................... 0 Special drawing rights............................................................................ -48,230 Reserve position in the International Monetary Fund........................... -3,357 Foreign currencies................................................................................. -669 U.S. government assets, other than official reserve assets...................... 541,342 U.S. credits and other long-term assets............. -4,069 Repayments on U.S. credits and other long-term assets..................... 2,133 U.S. foreign currency holdings and U.S. short-term assets.................. 543,278 U.S. private assets................................................... -629,552 Direct investment................................................ -268,680 Foreign securities.................................................................................. -208,213 U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns............................................................................................ 124,428 U.S. claims reported by U.S. banks and securities brokers.................. -277,087 Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+)).............................................. 305,736 Foreign official assets in the United States................................................ 450,030 U.S. government securities.................................................................... 441,056 U.S. Treasury securities..................................................................... 561,125 Other.................................................................................................. -120,069 Other U.S. government liabilities........................................................... 57,971 U.S. liabilities reported by U.S. banks and securities brokers............... -70,851 Other foreign official assets ........................................................... 21,854 Other foreign assets in the United States.................................................. -144,294 Direct investment....................... 134,707 U.S. Treasury securities............. 22,781 U.S. securities other than U.S. Treasury securities............................... 59 U.S. currency......................................................................................... 12,632 U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns............................................................................................ -1,460 U.S. liabilities reported by U.S. banks and securities brokers............... -313,013 Financial derivatives, net............................................................................. 50,804 Statistical discrepancy (sum of above items with sign reversed).......... 162,497 Of which: Seasonal adjustment discrepancy............................................. Memoranda: Balance on goods (lines 3 and 20) ........................................................... -506,944 Balance on services (lines 4 and 21).. 132,036 Balance on goods and services (lines 2 and 19)............................................ -374,908 Balance on income (lines 12 and 29)............................................................. 121,419 Unilateral current transfers, net (line 35)........................................................ -124,943 Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)..... -378,432 p Preliminary r Revised 1. Calculated excluding financial derivatives, net (line 70). 2009 Seasonally adjusted 2010 2009 2010 II III IV I II ' III » II III IV I II r 522,236 378,017 254,698 123,319 4,561 23,803 6,357 8,620 24,310 55,359 309 144,219 143,481 84,320 58,080 1,081 738 -575,903 -458,934 -365,763 -93,171 -7,662 -20,138 -6,661 -10,145 -6,289 -41,124 -1,152 -116,969 -114,452 -23,939 -54,146 -36,367 -2,517 -29,481 -10,969 -1,832 -16,681 543,188 395,717 267,099 128,618 5,445 27,190 7,165 8,935 20,073 59,466 345 147,471 146,743 90,516 55,506 721 728 -620,591 -507,905 -412,108 -95,797 -7,728 -20,988 -6,710 -10,369 -6,054 -42,728 -1,220 -112,686 -110,112 -25,000 -50,473 -34,639 -2,574 -34,174 -13,067 -2,684 -18,423 583,506 428,734 297,632 131,102 3,709 22,212 6,269 9,544 25,798 63,193 377 154,772 154,029 97,459 56,084 486 743 -655,850 -535,001 -441,193 -93,808 -7,689 -15,944 -6,151 -10,405 -7,159 -45,100 -1,360 -120,849 -117,873 -33,850 -49,941 -34,082 -2,976 -31,146 -8,962 -2,516 -19,668 587,045 428,887 299,404 129,483 4,242 21,907 6,783 9,366 22,507 64,223 454 158,158 157,399 101,058 55,981 360 759 -642,794 -524,111 -433,087 -91,023 -7,721 -16,070 -6,324 -10,642 -7,322 -41,750 -1,194 -118,684 -115,891 -32,730 -48,426 -34,735 -2,793 -36,046 -12,311 -2,587 -21,147 615,804 449,177 317,815 131,361 4,464 25,921 7,575 10,025 24,543 58,508 324 166,627 165,850 107,897 57,655 298 777 -704,805 -583,052 -483,596 -99,456 -7,590 -20,452 -7,483 -12,357 -6,864 -43,485 -1,224 -121,753 -119,058 -34,527 -48,902 -35,629 -2,695 -31,424 -10,005 -1,576 -19,843 630,044 462,995 321,272 141,724 4,815 30,515 9,057 10,217 23,897 62,892 331 167,049 166,262 108,110 57,815 337 787 -737,197 -611,099 -507,484 -103,615 -7,580 -21,977 -7,496 -13,437 -7,077 -44,725 -1,323 -126,099 -123,312 -39,324 -48,140 -35,848 -2,786 -34,678 -10,813 -3,107 -20,758 520,110 377,829 254,021 123,808 4,561 23,006 6,534 8,549 22,363 58,487 309 142,281 141,543 82,354 58,080 1,109 738 -574,265 -458,270 -367,528 -90,742 -7,662 -17,721 -6,163 -10,141 -6,442 -41,461 -1,152 -115,995 -113,323 -22,810 -54,146 -36,367 -2,673 -30,292 -10,969 -2,222 -17,101 540,729 394,145 268,858 125,287 5,445 23,311 6,498 8,834 21,396 59,458 345 146,584 145,855 89,626 55,506 723 728 -604,594 -493,467 -400,977 -92,490 -7,728 -18,459 -6,455 -9,880 -6,137 -42,611 -1,220 -111,127 -108,460 -23,348 -50,473 -34,639 -2,667 -33,638 -13,067 -2,233 -18,338 576,426 420,444 290,576 129,868 3,709 23,969 6,356 9,371 24,530 61,555 377 155,982 155,239 98,730 56,084 425 743 -646,066 -525,152 -430,698 -94,454 -7,689 -18,348 -6,578 -10,269 -6,663 -43,546 -1,360 -120,914 -118,212 -34,189 -49,941 -34,082 -2,702 -31,268 -8,962 -2,241 -20,065 600,182 438,914 305,640 133,274 4,242 25,006 7,167 9,691 24,138 62,576 454 161,268 160,509 104,130 55,981 398 759 -674,473 -553,365 -456,961 -96,404 -7,721 -18,651 -6,638 -11,287 -7,662 -43,250 -1,194 -121,108 -118,304 -35,143 -48,426 -34,735 -2,804 -34,867 -12,311 -2,548 -20,008 613,730 449,859 316,163 133,696 4,464 25,199 7,806 9,947 24,062 61,893 324 163,871 163,094 105,114 57,655 325 777 -703,794 -582,937 -485,734 -97,203 -7,590 -18,152 -6,981 -12,344 -7,087 -43,825 -1,224 -120,857 -117,992 -33,461 -48,902 -35,629 -2,865 -33,151 -10,005 -2,590 -20,555 625,346 459,818 323,061 136,758 4,815 26,273 8,223 9,905 24,390 62,822 331 165,528 164,741 106,592 57,815 334 787 -718,687 -594,214 -494,218 -99,996 -7,580 -19,167 -7,228 -13,028 -7,191 -44,480 -1,323 -124,473 -121,589 -37,601 -48,140 -35,848 -2,884 -33,886 -10,813 -2,597 -20,476 -29 -36 -56 -3 -2 -8 -29 -36 -56 -3 -2 -8 26,351 -3,632 0 -8 -3,485 -139 193,750 -1,947 432 195,265 -163,767 -€7,449 -86,725 -283,801 -49,021 0 -47,720 -1,098 -203 57,736 -616 534 57,818 -292,516 -85,873 -46,823 9,930 1,379 0 -487 1,980 -114 45,754 -1,266 683 46,337 -37,203 -64,541 -45,489 -305,061 -773 0 -7 -581 -185 9,433 -1,247 399 10,281 -313,720 -106,612 -46,147 -150,755 -165 0 -6 -77 -82 -2,441 -1,835 783 -1,389 -148,149 -82,113 -20,329 -332,204 -1,096 0 -8 -956 -132 571 -977 404 1,144 -331,679 -90,815 -44,460 31,734 -3,632 0 -8 -3,485 -139 193,750 -1,947 432 195,265 -158,384 -62,066 -86,725 -276,241 -49,021 0 -47,720 -1,098 -203 57,736 -616 534 57,818 -284,956 -78,313 -46,823 -8,685 1,379 0 -487 1,980 -114 45,754 -1,266 683 46,337 -55,817 -83,155 -45,489 -301,389 -773 0 -7 -581 -185 9,433 -1,247 399 10,281 -310,048 -102,940 -46,147 -141,177 -165 0 -6 -77 -82 -2,441 -1,835 783 -1,389 -138,572 -72,536 -20,329 -324,506 -1,096 0 -8 -956 -132 571 -977 404 1,144 -323,981 -83,117 -44,460 22,161 -31,754 83,302 -243,122 16,248 56,579 10,821 -171,782 11,306 -57,013 -734 -195,670 22,161 -31,754 83,302 -243,122 16,248 56,579 10,821 -171,782 11,306 -57,013 -734 -195,670 -26,060 128,667 120,776 149,213 -28,437 685 -4,900 12,106 -154,727 33,812 -29,321 -221 -1,935 344,720 96,616 73,293 123,675 -50,382 53,455 -33,735 3,603 248,104 58,138 -9,203 47,708 4,179 100,919 116,835 101,475 124,428 -22,953 1,297 12,712 1,351 -15,916 38,818 15,221 20,353 -1,428 318,242 72,507 83,384 89,654 -6,270 4,060 -15,968 1,031 245,735 49,593 103,092 6,077 2,265 164,612 43,568 37,848 18,229 19,619 2,484 3,886 -650 121,044 20,553 101,320 -5,588 2,100 508,655 141,614 130,030 197,988 -67,958 1,518 10,022 44 367,041 73,011 64,985 108,785 10,503 -28,348 128,667 120,776 149,213 -28,437 685 -4,900 12,106 -157,015 31,524 -29,321 -221 -1,935 342,385 96,616 73,293 123,675 -50,382 53,455 -33,735 3,603 245,769 55,803 -9,203 47,708 4,179 103,615 116,835 101,475 124,428 -22,953 1,297 12,712 1,351 -13,220 41,514 15,221 20,353 -1,428 320,217 72,507 83,384 89,654 -6,270 4,060 -15,968 1,031 247,710 51,568 103,092 6,077 2,265 162,096 43,568 37,848 18,229 19,619 2,484 3,886 -650 118,528 18,037 101,320 -5,588 2,100 506,126 141,614 130,030 197,988 -67,958 1,518 10,022 44 364,512 70,482 64,985 108,785 10,503 26,564 -183,626 11,275 71,611 8,572 138,710 11,496 39,198 -24,982 -63,898 20,812 -28,115 20,877 63,831 15,838 62,779 9,406 -6,747 10,048 96,523 2,665 107,092 n.a. 1 -34,612 26,564 -183,626 11,275 69,815 -1,796 8,572 138,710 11,496 19,899 -19,298 -24,982 -63,898 20,812 -14,779 13,336 20,877 63,831 15,838 74,494 11,715 9,406 -6,747 10,048 92,249 -4,273 2,665 107,092 n.a. 1 -54,385 -19,773 -111,065 30,147 -80,918 27,250 -29,481 -83,149 -145,009 32,821 -112,188 34,785 -34,174 -111,577 -143,561 37,294 -106,267 33,923 -31,146 -103,490 -133,683 38,459 -95,224 39,474 -36,046 -91,795 -165,781 31,905 -133,876 44,874 -31,424 -120,426 -186,212 38,109 -148,103 40,950 -34,678 -141,831 -113,507 33,066 -80,441 26,286 -30,292 -84,447 -132,119 32,797 -99,322 35,457 -33,638 -97,503 -140,121 35,414 -104,707 35,068 -31,268 -100,907 -151,321 36,870 -114,451 40,160 -34,867 -109,158 -169,571 36,493 -133,078 43,014 -33,151 -123,214 -171,157 36,761 -134,396 41,055 -33,886 -127,227 III p D-64 February 2011 International Data Table F.3. U.S. International Transactions, by Area— Continues [Millions of dollars] European Union Europe Line 2 0 1 0 :1 1 r 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 3/ 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 6/ 68 69 70 71 72 73 74 75 76 77 Euro area United Kingdom (Credits +; debits -) Current account Exports of goods and services and income receipts...................................... Exports of goods and services.......................................................................... Goods, balance of payments basis............................................................... Services......................................................................................................... Transfers under U.S. military agency sales contracts.............................. Travel......................................................................................................... Passenger fares....................................................................................... Other transportation................................................................................. Royalties and license fees........................................................................ Other private services.............................................................................. U.S. government miscellaneous services................................................. Income receipts................................................................................................. Income receipts on U.S.-owned assets abroad............................................ Direct investment receipts.................... Other private receipts........................... U.S. government receipts..................... Compensation of employees.................... Imports of goods and services and income payments.................................. Imports of goods and services...................... Goods, balance of payments basis............................................................... Services......................................................................................................... Direct defense expenditures..................................................................... Travel........................................................................................................ Passenger fares....................................................................................... Other transportation................................................................................. Royalties and license fees........................................................................ Other private services.............................................................................. U.S. government miscellaneous services................................................. Income payments.............................................................................................. Income payments on foreign-owned assets in the United States................ Direct investment payments..................................................................... Other private payments U.S. government payments...................................................................... Compensation of employees........................................................................ Unilateral current transfers, net U.S. government grants..................................................................................... U.S. government pensions and other transfers................................................. Private remittances and other transfers............................................................ Capital account Capital account transactions, net...................................................................... Financial account U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow ( - ) ) ...................................................................... U.S. official reserve assets................................................................................ Gold............................................................................................................... U.S. government assets, other than official reserve assets............................. U.S. credits and other long-term assets....................................................... Repayments on U.S. credits and other long-term assets............................ U.S. foreign currency holdings and U.S. short-term assets......................... U.S. private assets............................................................................................ Direct investment.......................................................................................... Foreign securities......................................................................................... U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns................................................................................................... U.S. claims reported by U.S. banks and securities brokers......................... Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+))......................................................................... Foreign official assets in the United States....................................................... U.S. government securities........................................................................... U.S. Treasury securities............................................................................ Other........................................................................................................ Other U.S. government liabilities.................................................................. U.S. liabilities reported by U.S. banks and securities brokers...................... Other foreign official assets.......................................................................... Other foreign assets in the United States......................................................... Direct investment. U.S. Treasury securities................................................................................ U.S. securities other than U.S. Treasury securities....................................... U.S. currency................................................................................................ U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns................................................................................................... U.S. liabilities reported by U.S. banks and securities brokers...................... Financial derivatives, net.................................................................................... Statistical discrepancy (sum of above items with sign reversed)................. Memoranda: Balance on goods (lines 3 and 20)........................................................................ Balance on services (lines 4 and 2 1).................................................................... Balance on goods and services (lines 2 and 19)................................................... Balance on income (lines 12 and 29).................................................................... Unilateral current transfers, net (line 35)............................................................... Balance on current account (lines 1,18, and 35 or lines 74,75, and 76)............ p Preliminary r Revised (*) Transactions are less than $500,000 (+/-) 1. Details not shown separately; see totals in lines 56 and 63. 2 0 1 0 :1 1 r 2 0 1 0 :1 1 1 p 2 0 1 0 :1 1 r 20 1 0 :1 1 1 p 2 0 1 0 :1 1 1 p 2 0 1 0 :1 1 r 2 0 1 0 :1 1 1 p 194,728 198,395 164,147 167,910 114,545 117,262 39,475 40,678 1 2 0 ,5 3 6 1 2 4 ,2 0 7 1 0 1 ,3 0 5 1 0 4 ,9 1 2 6 9 ,5 3 1 7 1 ,8 7 6 2 4 ,5 8 2 2 5 ,5 3 2 7 1 ,2 2 8 7 0 ,5 4 8 59 ,5 6 1 5 9 ,2 4 9 4 3 ,8 4 8 4 3 ,4 6 6 1 1 ,9 8 7 1 2 ,0 4 2 4 9 ,3 0 8 432 5 3 ,6 5 9 539 4 1 ,7 4 4 252 4 5 ,6 6 2 309 2 5 ,6 8 4 157 2 8 ,4 1 0 19 4 1 2 ,5 9 5 73 1 3 ,4 9 0 7 ,3 2 9 2 ,1 4 7 3 ,8 7 3 9 ,9 3 3 3 ,0 6 5 4 ,0 3 5 6 ,6 0 9 1 ,9 4 8 3 ,3 1 9 9 ,0 8 2 2 ,7 7 2 3 ,4 5 7 3 ,6 4 4 1 ,1 0 3 1 ,8 1 4 5,521 1 ,6 6 3 1,801 2 ,2 8 7 722 915 2 ,8 5 0 883 1 ,0 0 5 1 1 ,5 5 4 2 3 ,8 8 1 91 11,351 2 4 ,6 4 6 90 8 ,8 9 9 2 0 ,6 4 2 75 8 ,7 4 6 2 1 ,2 2 3 73 7 ,1 3 6 1 1 ,7 8 6 44 7 ,0 2 8 1 2 ,1 5 9 43 1 ,2 2 6 7 ,3 5 1 1 ,1 9 3 7 ,4 5 2 21 21 7 4 ,1 9 2 7 4,071 5 0 ,1 6 9 2 3 ,8 3 2 70 6 2 ,8 4 3 6 2 ,7 4 5 4 1 ,7 2 9 2 0 ,9 5 4 62 97 6 2 ,9 9 8 6 2 ,8 9 8 4 1 ,8 7 7 2 0,891 130 4 5 ,3 8 6 4 5 ,3 3 1 3 3 ,2 7 4 1 1 ,9 2 8 12 9 55 1 5 ,1 4 6 1 5 ,1 1 7 7 ,3 5 5 7,761 100 4 5 ,0 1 4 4 4 ,9 6 1 3 2 ,9 7 2 1 1 ,9 2 8 61 53 1 4 ,8 9 3 1 4 ,8 6 4 7 ,0 3 5 7 ,8 2 9 122 7 4 ,1 8 8 7 4 ,0 6 3 5 0 ,1 6 5 2 3 ,7 5 5 1 43 125 28 29 -197,217 -206,418 -166,988 -174,774 -117,524 -121,749 -37,229 -39,679 - 1 3 8 ,5 7 3 - 1 4 4 ,6 3 9 - 1 1 5 ,2 1 9 - 1 2 0 ,9 1 8 - 8 2 ,4 6 2 - 8 6 ,2 8 9 - 2 3 ,2 1 7 - 2 4 ,2 6 6 - 9 6 ,3 3 1 - 1 0 0 ,6 8 0 - 7 9 ,7 4 7 - 8 3 ,9 6 4 - 6 0 ,2 1 3 - 6 3 ,2 4 0 - 1 2 ,7 0 5 - 1 3 ,4 0 7 - 4 2 ,2 4 2 - 3 ,1 0 2 - 4 3 ,9 5 9 - 3 ,1 3 7 - 3 5 ,4 7 2 -2 ,8 7 1 - 3 6 ,9 5 4 - 2 ,9 0 2 - 2 2 ,2 4 9 -2 ,6 1 1 - 2 3 ,0 4 9 - 2 ,6 2 2 - 1 0 ,5 1 3 -2 5 6 - 1 0 ,8 5 9 -2 5 0 - 6 ,9 7 7 - 3 ,6 6 5 - 5 ,0 5 6 - 7 ,0 9 8 - 3 ,6 8 1 - 5 ,6 2 2 - 6 ,2 2 5 - 3 ,3 3 7 - 4 ,0 1 0 - 6 ,2 6 6 - 3 ,4 3 8 - 4 ,5 3 3 - 4 ,3 2 7 - 2 ,2 2 2 - 2 ,4 2 0 - 4 ,4 0 2 - 2 ,1 0 8 - 2 ,7 2 8 - 1 ,4 5 5 -9 6 2 -6 8 3 - 1 ,3 7 3 - 1 ,0 9 7 -7 6 7 - 4 ,2 8 8 - 1 8 ,5 3 8 -6 1 6 - 4 ,5 1 6 - 1 9 ,2 1 1 -6 9 4 - 3 ,0 3 4 - 1 5 ,5 9 6 -3 9 9 - 3 ,1 9 6 - 1 6 ,1 9 3 -4 2 6 - 2 ,0 8 3 - 8 ,2 8 7 -2 9 9 - 2 ,1 9 2 - 8 ,6 7 3 -3 2 4 -6 6 1 - 6 ,4 5 2 -4 4 -6 9 7 - 6 ,6 3 2 -4 4 - 5 8 ,6 4 4 - 5 8 ,4 7 8 - 2 5 ,6 2 6 - 2 7 ,0 7 9 - 5 ,7 7 3 -1 6 7 - 6 1 ,7 7 8 - 6 1 ,6 2 4 - 2 8 ,9 1 1 - 2 6 ,6 0 4 - 6 ,1 0 9 -1 5 5 - 5 1 ,7 7 0 - 5 1 ,6 4 0 - 2 3 ,3 7 8 - 2 4 ,3 8 4 - 3 ,8 7 8 -1 2 9 - 5 3 ,8 5 6 - 5 3 ,7 3 4 - 2 5 ,6 6 3 - 2 3 ,9 3 6 - 4 ,1 3 5 - 3 5 ,4 6 0 - 3 5 ,3 7 2 - 1 7 ,9 0 9 - 1 4 ,7 9 1 - 2 ,6 7 2 -1 2 2 - 3 5 ,0 6 3 - 3 4 ,9 7 0 - 1 7 ,1 5 5 - 1 5 ,1 2 3 - 2 ,6 9 2 -9 3 - 1 4 ,0 1 2 - 1 3 ,9 8 3 - 4 ,5 7 0 - 8 ,6 5 7 -7 5 6 -2 9 - 1 5 ,4 1 3 - 1 5 ,3 8 5 - 5 ,7 9 8 - 8 ,5 5 0 - 1 ,0 3 7 -2 8 -1,858 -2,208 -486 -863 -474 -523 156 -118 -4 1 3 -5 0 3 -9 4 2 -4 2 4 -5 1 0 - 1 ,2 7 4 -2 8 -4 6 7 9 -2 3 -4 7 4 -3 6 6 -3 -3 5 1 -9 -3 5 3 -1 6 1 0 0 -7 7 233 -7 7 -4 1 0 0 0 0 0 0 0 0 60,402 -200,353 -1 2 0 -8 8 86 0 1 70,005 -210,664 34,200 -107,513 37,238 -109,067 -5 6 -1 1 1 -4 7 -1 0 6 -4 7 -1 0 6 0 0 0 0 0 0 0 0 0 0 -1 0 0 -1 -4 9 -4 9 -5 6 -1 1 1 I 47 -1 0 6 -4 7 -1 0 6 - 1 ,1 0 0 -2 5 0 1 77 - 1 ,0 2 7 94 9 -5 1 52 948 - 1 ,0 5 4 -1 3 0 1 36 - 1 ,0 6 0 944 -4 9 30 963 - 1 ,0 4 4 1 ,0 0 2 0 - 1 ,0 5 5 30 972 6 1 ,5 5 8 - 4 0 ,6 8 8 6 ,4 5 0 - 2 0 1 ,1 9 1 - 3 8 ,3 6 9 - 1 ,9 8 3 7 1 ,1 0 6 - 3 4 ,0 4 1 887 - 2 1 1 ,5 0 2 - 3 7 ,6 5 2 - 5 ,6 0 4 3 5 ,2 9 1 - 2 9 ,6 9 2 - 1 9 ,9 2 7 - 1 0 8 ,4 0 9 - 3 0 ,2 9 7 - 1 ,8 2 2 3 7 ,2 3 9 - 8 ,0 3 4 18,971 - 1 0 9 ,0 1 8 - 6 ,7 0 8 - 7 ,0 4 3 9 ,8 4 4 8 5 ,9 5 2 - 1 8 ,1 5 3 - 1 4 2 ,6 8 6 9 ,7 3 4 9 4 ,5 2 6 - 1 8 ,2 1 0 - 1 5 0 ,0 3 6 85 8 4 ,8 2 5 - 1 1 ,6 9 6 - 6 4 ,5 9 4 8 ,9 1 2 1 7 ,3 9 0 - 1 0 ,2 6 9 - 8 4 ,9 9 8 96,885 269,109 52,842 200,659 21,362 29,253 28,564 3 2 ,8 5 8 3 4 ,7 3 7 ( 2) ( 2) 169,010 (2) ( ') C) n -5 6 ( 2) ( 2) ( 2) ( 2) -9 1 ( 2) ( 1) ( 1) n 648 ( 2) ( 2) ( 2) ( 2) 272 (2) (2) (2) ( 2) ( 2) -2 4 ( 2) ( 2) 55 ( 2) ( 2) 231 ( ') ( ') 6 4 ,0 2 7 6 ,9 1 8 ( ’) ( 1) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) ( 2) 2 3 4 ,3 7 2 5 5 ,7 4 4 ( 2) 3 ,1 4 0 45,826 16,707 30,687 -8,329 ( 2) ( 2) 1 4,55 1 ( 2) -3,948 n.a. ( 2) 38,219 n.a. ( 2) -8,984 n.a. ( 2) 19,313 n.a. ( 2) n.a. 13,238 41,084 n.a. 6,055 n.a. 19,036 n.a. -23,956 15,505 16,959 -169,898 42,845 81,461 n.a. 4-58,526 -25,178 278,556 12,225 -131,745 43,354 273,351 n.a. 417,731 -12,062 225,725 5,477 -57,586 6,782 2-27,584 n.a. 483,270 -12,981 243,588 6,912 -75,116 38,310 297,107 n.a. 4-60,824 -25,102 7,066 -18,037 -30,132 9,700 -20,432 -20,185 6,271 -13,914 11,073 -486 -3,327 -24,714 8,709 -16,006 -16,365 3,435 -12,930 9,951 -474 -3,453 - 1 9 ,7 7 4 -717 2,082 1,365 881 156 2,402 -1,365 2,631 1,266 -267 -118 881 68,051 -2 ,4 9 1 1 5 ,5 4 8 1 2 ,4 0 9 -1,858 -4,347 -2,208 -10,231 ( 2) 9 ,1 4 2 -863 -7,726 0 11 ( 2) ( 2) 5,361 - 1 4 ,4 1 3 9,926 -523 -5,010 0 0 ( 2) ( 2) ( 2) 6 ( 2) 2. Details not shown separately are included in line 69. 3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific. 4. Calculated excluding financial derivatives, net (line 70). February 2011 S urvey D-65 C u r r e n t B u s in e s s of Table F.3. U.S. International Transactions, by Area—Continues [Millions of dollars] Latin America and Other Western Hemisphere Canada Line (Credits +; debits -) 2010:11 r 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 6/ 68 69 70 71 72 73 74 75 76 77 Current account Exports of goods and services and income receipts..................................... Exports of goods and services.......................................................................... Goods, balance of payments basis............................................................... Services........................................................................................................ Transfers under U.S. military agency sales contracts.............................. Travel........................................................................................................ Passenger fares....... Other transportation.. Royalties and license fees........................................................................ Other private services U.S. government miscellaneous services................................................ Income receipts.......................................... Income receipts on U.S.-owned assets abroad........................................... Direct investment receipts................. Other private receipts........................ U.S. government receipts.................. Compensation of employees................. Imports of goods and services and income payments.................................. Imports of goods and services.......................................................................... Goods, balance of payments basis............................................................... Services........................................................................................................ Direct defense expenditures..................................................................... Travel........................ Passenger fares....... Other transportation.. Royalties and license fees........................................................................ Other private services.............................................................................. U.S. government miscellaneous services................................................. Income payments.............................................................................................. Income payments on foreign-owned assets in the United States................ Direct investment payments..................................................................... Other private payments............................................................................ U.S. government payments...................................................................... Compensation of employees........................................................................ Unilateral current transfers, net U.S. government grants..... U.S. government pensions and otner transfers................................................. Private remittances and other transfers............................................................ Capital account Capital account transactions, net...................................................................... Financial account U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow ( - ) ) ...................................................................... U.S. official reserve assets................................................................................ Gold.............................................................................................................. U.S. government assets, other than official reserve assets............................. U.S. credits and other long-term assets............ Repayments on U.S. credits and other long-term assets............................ U.S. foreign currency holdings and U.S. short-term assets......................... U.S. private assets........................................................................................ Direct investment.......................................................................................... Foreign securities......................................................................................... U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns................................................................................................... U.S. claims reported by U.S. banks and securities brokers......................... Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+))......................................................................... Foreign official assets in the United States...................................................... U.S. government securities....... U.S. Treasury securities........ ............................ Other..................................... Other U.S. government liabilities U.S. liabilities reported by U.S. banks and securities brokers...................... Other foreign official assets...................................................................... Other foreign assets in the United States......................................................... Direct investment...................... U.S. Treasury securities............ U.S. securities other than U.S. Treasury securities...................................... U.S. currency................................................................................................ U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns................................................................................................... U.S. liabilities reported by U.S. banks and securities brokers...................... Financial derivatives, net.................................................................................... Statistical discrepancy (sum of above items with sign reversed)................. Memoranda: Balance on goods (lines 3 and 20)........................................................................ Balance on services (lines 4 and 21).................................................................... Balance on goods and services (lines 2 and 19)................................................... Balance on income (lines 12 and 29).................................................................... Unilateral current transfers, net (line 35)............................................................... Balance on current account (lines 1,18, and 35 or lines 74,75, and 76)............ p Preliminary r Revised (*) Transactions are less than $500,000 (+/-) 1. Details not shown separately; see totals in lines 56 and 63. 2010:111 2010:11 r p 2010:111 Asia and Pacific Mexico 2010:111 2010:11r p 2010:11 r p Australia 2010:111 2010:11 r p 2010:111 p 90,443 77,777 64,854 12,923 69 4,702 1,105 768 1,878 4,362 39 12,666 12,621 7,715 4,905 1 45 -84,506 -79,719 -73,087 -6,632 -69 -1,716 -133 -1,108 -205 -3,295 -106 -4,787 -4,635 -1,784 -2,210 -641 -153 -771 0 -179 -592 88,517 75,409 62,990 12,419 43 3,930 1,230 759 1,814 4,604 38 13,108 13,064 8,025 5,039 0 44 -82,382 -76,542 -68,356 -8,187 -70 -3,131 -200 -1,090 -216 -3,371 -109 -5,840 -5,693 -2,730 -2,189 -774 -147 -779 0 -177 -602 132,670 98,722 74,907 23,815 340 5,593 2,124 1,342 2,568 11,796 52 33,947 33,888 21,875 11,939 74 59 -127,510 -111,536 -91,664 -19,871 -65 -6,111 -721 -1,108 -49 -11,660 -157 -15,974 -13,958 -458 -10,250 -3,250 -2,016 -8,692 -1,035 -223 -7,434 136,046 102,250 76,336 25,914 314 7,050 2,343 1,381 2,496 12,280 48 33,796 33,737 21,770 11,950 17 59 -129,938 -113,804 -93,804 -20,000 -68 -5,947 -776 -1,147 -52 -11,845 -164 -16,134 -13,939 -693 -10,029 -3,217 -2,195 -8,748 -949 -224 -7,576 49,459 45,801 40,075 5,726 5 1,479 664 285 538 2,747 7 3,659 3,650 2,684 946 20 9 -64,753 -61,876 -58,540 -3,336 -1 -2,187 -162 -154 -29 -757 -47 -2,876 -899 -169 -280 -450 -1,978 -3,373 -214 -95 -3,064 51,093 47,196 41,332 5,863 6 1,528 633 334 523 2,832 7 3,897 3,888 2,957 931 0 9 -65,660 -62,574 -59,316 -3,257 -2 -2,018 -193 -159 -30 -807 -48 -3,087 -923 -182 -289 -452 -2,163 -3,252 -74 -95 -3,083 154,446 125,299 88,234 37,066 2,491 7,192 1,952 3,400 8,152 13,774 104 29,147 29,040 19,183 9,772 85 107 -240,591 -204,091 -179,943 -24,148 -2,225 -4,108 -2,294 -4,608 -2,095 -8,611 -206 -36,500 -36,176 -5,426 -6,374 -24,376 -324 -8,010 -3,656 -271 -4,083 161,349 132,329 92,134 40,195 2,577 7,930 2,085 3,428 7,856 16,209 110 29,020 28,912 18,929 9,901 82 108 -263,937 -227,378 -202,518 -24,861 -2,221 -4,124 -2,195 -5,036 -2,212 -8,863 -209 -36,559 -36,296 -5,714 -6,370 -24,212 -263 -9,208 -3,989 -270 -4,949 14,169 8,676 5,399 3,277 90 937 128 124 469 1,522 8 5,493 5,485 2,787 2,698 0 8 -5,472 -3,670 -2,164 -1,506 ^1 -353 -148 -61 -114 -766 -22 -1,802 -1,797 -967 -710 -120 -5 -94 0 -25 -69 13,996 8,817 5,449 3,367 67 973 167 127 456 1,569 9 5,179 5,171 2,471 2,700 0 8 -5,755 -3,921 -2,296 -1,625 -40 -374 -215 -60 -121 -796 -20 -1,834 -1,829 -1,052 -682 -95 -5 -101 0 -25 -76 0 0 -1 0 0 0 0 0 0 0 -13,925 0 0 -15,872 0 0 -119,156 0 0 -35,230 0 0 -6,450 0 0 733 0 0 -71,412 -26 0 -73,017 -21 0 -10,871 0 0 -5,707 0 0 1 0 1 (*) -13,926 -5,457 -18,350 0 0 1 -1 -15,872 -9,036 -10,778 245 -155 398 2 -119,401 -19,061 -9,314 -184 -233 53 -4 -35,046 -14,203 -21,388 49 -6 53 2 -6,499 -1,690 -908 -3 -1 0 -2 736 172 -1,276 -26 -280 -60 136 -356 -71,106 -9,832 -3,524 -21 247 -116 166 197 -73,243 -22,839 -9,076 1 0 0 1 -10,872 -2,836 -1,246 1 0 0 1 -5,708 -5,799 -3,713 492 9,389 1,187 2,755 2,451 -93,477 15,341 -14,796 -255 -3,646 750 1,090 -312 -57,438 51 -41,379 -46 -6,744 -12 3,816 21,576 1,810 (') ( ’) (1) 9 n (1) 19,766 260 0 1,679 n.a. 28,713 -318 ( 1) ( 1) n -11 n n 29,031 4,878 ( 1) 2,690 n.a. -1,546 5,050 ( 1) n (1) 195 n n -6,596 4,431 ( 1) -19,138 n.a. 33,227 29,495 0 0 (1) 4 ( ’) (') 3,732 2,875 ( 1) 35,191 n.a. 2,342 (2) (2) (2) (2) 152 (2) (2) (2) 300 (2) 1,664 n.a. 8,579 (2) (2) (2) (2) 7 (2) (2) (2) 190 (2) 245 n.a. 56,600 23,217 ( 1) ( 1) ( ’) 914 ( 1) ( 1) 33,383 7,845 n 16,387 n.a. 153,154 69,893 0 ( ’) ( 1) 448 ( 1) ( 1) 83,261 8,546 ( ’) 28,549 n.a. -2,599 (2) (2) (2) (2) 148 (2) (2) (2) -1,061 (2) -1,137 n.a. 1,428 (2) (2) (2) (2) 98 (2) (2) (2) 2,087 (2) -619 n.a. ( 1) -393 -262 -12,555 ( 1) -1,140 n.a. 4-18,197 ( 1) -36,271 -3,099 127,334 0 20,967 n.a. 44,643 386 2-160 -233 28,370 (3) 22,775 <3) 48,507 ( 1) 11,046 -3,846 112,813 (') 9,557 n.a. 431,659 201 2-750 -2,056 6,922 -19 2—119 n.a. 4-3,860 -8,233 6,290 -1,942 7,878 -771 5,166 -5,365 4,232 -1,133 7,268 -779 5,356 -16,757 3,944 -12,813 17,973 -8,692 -3,533 -17,468 5,914 -11,554 17,662 -8,748 -2,640 -18,465 2,389 -16,076 782 -3,373 -18,667 -17,984 2,606 -15,378 811 -3,252 -17,820 -91,709 12,918 -78,791 -7,353 -8,010 -94,154 -110,384 15,334 -95,049 -7,539 -9,208 -111,796 3,234 1,772 5,006 3,691 -94 8,604 3,153 1,742 4,896 3,345 -101 8,140 2. Details not shown separately are included in line 69. 3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific. 4. Calculated excluding financial derivatives, net (line 70). D-66 International Data February 2011 Table F.3. U.S. International Transactions, by Area—Table Ends [Millions of dollars] China Line 2010:11 r 1 Japan India Middle East Africa (Credits +; debits - ) Current account Exports of goods and services and income receipts...................................... Exports of goods and services.......................................................................... Goods, balance of payments basis............................................................... Services......................................................................................................... Transfers under U.S. military agency sales contracts.............................. Travel......................................................................................................... Passenger fares....................................................................................... Other transportation................................................................................. Royalties and license fees........................................................................ Other private services... U.S. government miscellaneous services................................................. Income receipts..................... Income receipts on U.S.-owned assets abroad............................................ Direct investment receipts........................................................................ Other private receipts.... U.S. government receipts......................................................................... Compensation of employees........................................................................ Imports of goods and services and income payments.................................. Imports of goods and services.......................................................................... Goods, balance of payments basis............................................................... Services......................................................................................................... Direct defense expenditures..................................................................... Travel................ Passenger fares Other transportation................................................................................. Royalties and license fees........................................................................ Other private services.............................................................................. U.S. government miscellaneous services................................................. Income payments............................................................................................... Income payments on foreign-owned assets in the United States................ Direct investment payments..................................................................... Other private payments. U.S. government payments...................................................................... Compensation of employees........................................................................ Unilateral current transfers, net......................................................................... U.S. government grants..................................................................................... U.S. government pensions and other transfers................................................. Private remittances and other transfers............................................................ 2010:111 2010:11f p 2010:111 2010:11 r p 2010:111 2010:11 r p 2010:111 2010:11 r p 2010:111 p 27,627 30,114 9,001 9,080 31,846 33,378 19,725 20,269 11,374 13,019 24,667 20,337 4,330 (*) 889 264 578 722 1,871 6 2,960 2,949 2,476 468 5 11 27,101 22,024 5,077 (*) 1,019 340 550 705 2,456 8 3,013 3,002 2,526 466 10 11 7,848 5,239 2,608 2 1,026 414 85 155 913 13 1,153 1,148 734 413 7,930 4,993 2,937 25,700 14,891 10,809 45 2,232 977 896 2,459 4,169 31 6,146 6,124 2,942 3,156 26 21 27,216 15,451 11,765 50 2,944 1,119 923 2,357 4,344 28 6,163 6,141 2,999 3,120 22 22 17,241 12,367 4,874 986 714 115 519 171 2,348 17,411 11,815 5,595 1,085 8,853 6,225 2,628 101 391 132 113 219 1,654 18 2,521 2,496 2,056 395 45 25 10,591 7,448 3,143 170 552 187 119 215 1,878 23 2,428 2,403 1,950 394 59 25 -103,154 -118,530 -11,297 -11,585 -49,903 -90,652 -88,106 -2,546 -3 -720 -153 -730 -2 6 -903 -11 -12,501 -12,374 (*) -682 -11,692 -128 -106,344 -103,833 -2,511 -3 -590 -132 -799 -28 -947 -10,943 -7,885 -3,058 -12,187 -12,074 -31 -683 -11,360 -113 -323 -39 -29 -3 0 -2,630 -7 -354 -286 -63 -5 7 -166 -68 -11,242 -7,803 -3,438 -2 -602 -4 3 -52 -31 -2,701 -7 -343 -292 -7 2 -5 6 -164 -51 -35,435 -28,950 -6,485 -568 -844 -357 -1,453 -1,887 -1,342 -3 4 -14,468 -14,439 -3,925 -3,009 -7,505 -29 -621 -813 -1,193 -1,410 -273 -6 -3 -612 -6 -2 -805 -2 6 -7 -1,160 -2 7 -7 -1,376 0 -7 8 -195 39 Capital account transactions, net...................................................................... 0 0 0 0 Financial account 40 U.S.-owned assets abroad, excluding financial derivatives (increase/financial outflow ( - )) ...................................................................... U.S. official reserve assets.... 41 Gold.................................. 42 -9,981 3,851 -2,901 0 0 0 0 0 0 22 0 23 -10,003 -2,171 55 42 0 35 7 3,809 -1,528 -12 -9 9 -7,788 -21,697 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 10 822 366 86 148 1,491 13 1,150 1,145 700 441 4 5 1,120 2,485 2,458 1,863 581 14 27 147 479 165 2,577 22 2,858 2,830 2,248 554 28 27 -52,903 -27,772 -25,498 -23,833 -25,802 -38,231 -31,480 -6,751 -560 -911 -324 -1,541 -1,993 -1,394 -2 8 -14,672 -14,648 -3,991 -2,993 -7,664 -2 4 -25,416 -20,950 -4,466 -2,037 -792 -519 -335 -43 -666 -7 4 -2,356 -2,339 -34 -1,139 -1,166 -17 -23,173 -18,800 -4,373 -1,990 -730 -499 -353 -4 5 -680 -7 6 -2,325 -2,312 -7 6 -1,116 -1,120 -1 3 -23,491 -21,621 -1,870 -92 -748 -151 -110 -6 -699 -6 4 -342 -322 -1 2 -9 3 -217 -19 -25,465 -23,326 -2,139 -9 4 -947 -145 -135 -6 -740 -7 2 -337 -323 -1 6 -92 -215 -14 -266 -1,943 -1,809 -2,896 -2,829 0 -7 9 -187 -1,294 -3 6 -613 -1,111 -3 8 -660 -1,753 -10 -1,133 -1,602 -1 0 -1,217 0 0 0 0 -1 -8 -7,386 -27,895 -44,424 -3,020 2,083 -1,140 -3,795 0 0 -2 6 0 -21 0 0 0 0 0 0 0 0 0 1 -3 6 -2 -2,902 -1,038 -134 22 0 16 6 -7,408 -2,771 -3,800 -220 0 0 -220 -27,649 -2,542 2,610 216 0 0 216 -44,619 -2,389 148 38 -5 52 -9 -3,058 469 1,062 -391 -434 35 8 2,474 57 251 -62 -82 18 2 -1,078 -2,507 2,221 -30 -123 97 -4 -3,765 -1,403 -392 42 5,307 -174 -1,556 -10 -827 -346 -27,371 -128 -42,250 -1,081 -3,508 688 1,478 -9 4 -698 151 -2,121 43,274 (2) (2) 3,764 (2) (2) 7,225 (2) (2) 47,428 (2) (2) 71,776 (2) (2) -23,832 10,547 7,953 5,998 8,236 ( 2) ( 2) (2) (2) 104 (2) (2) 70 ( 2) (2) 117 ( 2) ( 2) -66 3,161 ( ’) ( 1) (') 75 -441 (2) (2) 0 -22,530 (') ( 1) ( 1) 641 (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) (2) -12 1 5 -1 21 Capital account 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 6/ 68 69 70 71 72 73 74 75 76 77 -21 -2 6 U.S. government assets, other than official reserve assets............................. U.S. credits and other long-term assets....................................................... Repayments on U.S. credits and other long-term assets............................ U.S. foreign currency holdings and U.S. short-term assets......................... U.S. private assets............................................................................................. Direct investment.......................................................................................... Foreign securities.......................................................................................... U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns.................................................................................................... U.S. claims reported by U.S. banks and securities brokers......................... Foreign-owned assets in the United States, excluding financial derivatives (increase/financial inflow (+))......................................................................... Foreign official assets in the United States....................................................... U.S. government securities........................................................................... U.S. Treasury securities............................................................................ Other......................................................................................................... Other U.S. government liabilities.................................................................. U.S. liabilities reported by U.S. banks and securities brokers...................... Other foreign official assets.......................................................................... Other foreign assets in the United States......................................................... Direct investment.......................................................................................... U.S. Treasury securities................................................................................ U.S. securities other than U.S. Treasury securities....................................... U.S. currency................................................................................................ U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns.................................................................................................... U.S. liabilities reported by U.S. banks and securities brokers...................... Financial derivatives, net.................................................................................... Statistical discrepancy (sum of above items with sign reversed)................. Memoranda: Balance on goods (lines 3 and 20)........................................................................ Balance on services (lines 4 and 2 1)..... Balance on goods and services (lines 2 and 19)................................................... Balance on income (lines 12 and 29).................................................................... Unilateral current transfers, net (line 3 5)............................................................... Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)............ p Preliminary r Revised (*) Transactions are less than $500,000 (+/-) 1. Details not shown separately; see totals in lines 56 and 63. -1 (2) (2) 106 (2) 206 (2) 217 (2) 12 (2) 7,144 (2) 5,494 (2) ( 1) ( 1) (') 972 ( 1) (') ( 1) ( ’) ( 1) 0 -1,302 -147 2,311 6 4,792 60 ( 1) (') (') (1) n 0 149 n n 6,439 -221 n 1,587 -447 -9 9 -148 7,397 23,539 -875 1,399 -236 -224 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 329 2-23,719 -401 2 43,916 -42 2 3,584 -285 2 7,576 -178 2 32,948 140 2 42,669 412 -1,372 -619 1,183 (3) 107,826 ( 3) 442,105 (3) 2,626 (3) 44,075 -1,701 498 n.a. 4-7,561 (3) 36,842 <3) 4-5,591 468 8,075 n.a. 413,416 -67,769 1,784 -65,986 -9,541 -621 -81,809 2,566 -79,242 -9,174 -813 -89,230 -2,645 -450 -2,810 -501 -3,312 807 -1,410 -3,914 -14,059 -16,029 4,324 -9,735 -8,322 -273 -18,331 5,014 -11,015 -8,509 -266 -19,791 -8,584 408 -8,176 129 -1,943 -9,989 -6,985 1,222 -5,763 533 -1,809 -7,039 -15,396 758 -14,638 2,179 -2,896 -15,355 -15,878 1,004 -14,874 2,091 -2,829 -15,611 -76,147 -3,096 799 -1,193 -3,489 ( ’) ( 1) n (') 2. Details not shown separately are included in line 69. 3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific. 4. Calculated excluding financial derivatives, net (line 70). February 2011 S urvey of D-67 C u r r e n t B u s in e s s Table F.4. Private Services Transactions [M illions of dollars] Not seasonally adjusted Line 2009 2009 I II Seasonally adjusted 2009 2010 III IV I II r III P I II 2010 III IV I II r III p 1 Exports of private services......................................................................... 483,869 115,576 118,449 122,828 127,016 124,786 126,573 136,578 119,651 118,939 119,498 125,782 128,578 128,908 131,612 2 Travel (table F.2, line 6)............................................................................... 93,917 20,712 23,803 27,190 22,212 21,907 25,921 30,515 23,006 25,006 25,199 26,273 23,631 23,311 23,969 9,057 6,534 7,167 3 Passenger fares (table F.2, line 7 ).............................................................. 26,424 6,632 6,357 7,165 6,269 6,783 7,575 7,035 6,498 6,356 7,806 8,223 4 Other transportation (table F.2, line 8)........................................................ 35,406 8,307 8,620 8,935 9,544 9,366 10,025 10,217 8,652 8,549 8,834 9,371 9,691 9,947 9,905 5 Freight.................................................................................................... 17,247 4,332 4,752 4,671 4,777 4,902 4,773 4,061 4,103 4,680 4,966 4,773 4,168 4,073 4,335 4,914 5,132 6 Port services.......................................................................................... 18,159 4,247 4,517 4,603 4,792 4,686 5,059 5,443 4,484 4,476 4,499 4,700 5,045 7 89,791 19,610 24,310 20,073 25,798 22,507 24,543 23,897 21,502 22,363 21,396 24,530 24,138 24,062 24,390 Royalties and license fees (table F.2, line 9 ) .............................................. By type: 1 8 Industrial processes 2 ....................................................................... 7,822 10,617 8,984 10,617 8,984 35,630 8,348 8,843 9,535 9,733 7,822 8,348 8,843 9,535 9,733 Other 3............................................................................................... 14,014 15,154 14,527 14,657 9 54,161 11,788 15,962 11,230 15,181 13,523 15,008 14,165 13,680 12,553 13,913 By affiliation: 10 U.S. parents' receipts from their foreign affiliates............................. 13,654 14,549 55,430 11,955 13,463 16,358 13,722 14,493 14,393 12,681 13,622 13,665 15,463 14,420 14,601 11 U.S. affiliates’ receipts from their foreign parent groups................... 3,387 794 891 880 822 746 794 891 822 733 736 746 733 736 880 12 U.S. receipts from unaffiliated foreigners........................................... 30,974 8,617 8,906 9,043 6,861 9,766 5,730 8,051 9,313 8,759 8,028 7,850 6,851 8,245 8,855 Other private services (table F.2, line 10)................................................... 238,332 60,314 62,892 58,487 62,822 13 55,359 59,466 63,193 64,223 58,508 58,831 59,458 61,555 62,576 61,893 By type: 1 14 Education.......................................................................................... 8,141 2,407 3,767 8,874 4,921 5,501 19,911 5,596 2,609 6,123 4,813 5,046 5,130 5,238 5,355 13,657 15 Financial services.............................................................................. 55,446 13,295 13,618 14,013 14,520 14,028 13,726 13,657 13,295 13,618 14,013 14,520 14,028 13,726 16 Insurance services............................................................................ 14,651 3,643 3,754 3,754 3,505 3,518 3,523 3,611 3,643 3,505 3,518 3,523 3,643 3,611 3,643 9,284 2,432 17 Telecommunications.......................................................................... 2,225 2,303 2,388 2,368 2,432 2,451 2,523 2,225 2,303 2,388 2,368 2,451 2,523 27,977 28,322 32,607 29,625 18 Business, professional, and technical services................................ 116,629 27,724 30,350 31,071 29,568 28,590 28,864 29,606 31,614 30,989 31,623 19 Other services 4................................................................................ 22,411 5,286 5,300 5,536 6,289 5,758 5,855 5,995 5,286 5,300 5,536 6,289 5,758 5,855 5,995 By affiliation: U.S. parents' receipts from their foreign affiliates............................. 14,647 20 53,636 12,848 12,559 12,516 15,713 14,189 13,907 14,218 13,499 12,969 12,896 14,273 14,884 14,323 21 U.S. affiliates’ receipts from their foreign parent groups................... 5,557 6,987 6,584 6,007 6,702 24,536 6,095 5,898 6,601 6,343 6,129 6,251 6,149 7,113 6,639 22 U.S. receipts from unaffiliated foreigners........................................... 160,159 41,910 36,705 41,052 40,493 41,134 40,579 40,931 41,472 43,451 37,999 42,332 39,325 39,389 40,312 23 Imports of private services.......................................................................... 334,917 78,953 84,358 94,712 83,542 85,405 91,093 86,849 84,759 82,108 90,642 84,043 81,928 87,489 88,389 24 Travel (table F.2, line 23)............................................................................. 15,944 18,152 19,167 73,230 16,160 20,138 20,988 16,070 20,452 21,977 18,702 17,721 18,459 18,348 18,651 Passenger fares (table F.2, line 24)............................................................ 25 25,980 6,458 6,661 6,710 6,151 6,324 7,483 7,496 6,784 6,163 6,455 6,578 6,638 6,981 7,228 11,287 12,344 26 Other transportation (table F.2, line 25)...................................................... 41,586 10,667 10,145 10,369 10,405 10,642 12,357 13,437 11,295 10,141 9,880 10,269 13,028 27 Freight.................................................................................................... 29,341 7,623 6,927 7,553 6,952 7,451 8,449 9,510 10,099 7,238 8,005 9,493 10,523 8,026 6,911 28 Port services.......................................................................................... 3,044 3,217 3,132 2,852 2,637 2,834 2,929 12,245 2,865 2,913 3,269 3,230 2,928 2,818 2,838 7,087 7,191 29 Royalties and license fees (table F.2, line 2 6)............................................ 25,230 5,728 6,289 6,054 7,159 7,322 6,864 7,077 6,442 6,137 6,663 7,662 5,988 By type:1 30 Industrial processes 2 ....................................................................... 16,464 4,049 4,472 4,584 3,540 4,045 4,830 4,453 4,443 4,625 3,716 4,163 4,113 4,696 4,688 Other 3............................................................................................... 2,244 2,502 31 8,766 2,188 2,004 2,329 2,869 2,421 2,452 2,272 2,279 2,024 2,191 2,966 2,502 By affiliation: 32 U.S. parents’ payments to their foreign affiliates.............................. 1,089 1,202 1,002 1,214 711 1,202 1,002 1,214 711 705 4,508 689 705 1,089 689 33 U.S. affiliates' payments to their foreign parent groups.................... 3,952 4,249 4,484 3,387 4,602 13,843 3,096 3,366 3,295 4,085 3,378 3,505 3,573 4,315 4,461 1,722 1,887 1,937 34 U.S. payments to unaffiliated foreigners............................................ 6,880 1,543 1,756 1,860 2,659 1,926 1,520 1,736 1,748 1,876 2,636 1,883 35 Other private services (table F2, line 27)................................................... 168,892 39,940 41,124 42,728 45,100 41,750 43,485 44,725 41,274 41,461 42,611 43,546 43,250 43,825 44,480 By type: 1 Education.......................................................................................... 1,417 3b 5,583 1,048 1,416 1,883 1,235 1,110 1,502 2,000 1,367 1,389 1,409 1,446 1,473 1,498 37 Financial services.... 16,454 3,770 4,329 4,054 4,301 4,329 4,054 3,951 3,928 3,896 3,951 3,928 3,770 4,301 3,896 38 Insurance services.. 55,233 13,310 13,644 13,871 13,644 13,871 14,408 13,398 13,831 13,861 14,408 13,310 13,398 13,831 13,861 39 Telecommunications 7,048 1,605 1,722 1,829 1,892 1,819 1,867 1,892 1,722 1,829 1,892 1,819 1,867 1,892 1,605 40 Business, professional, and technical services................................ 81,995 18,594 19,630 20,656 23,115 20,881 22,046 22,098 22,682 21,729 22,426 19,609 19,993 21,013 21,379 41 Other services4................................................................................ 2,579 513 718 661 686 646 605 618 513 718 661 686 646 605 618 By affiliation: U.S. parents’ payments to their foreign affiliates.............................. 46,687 11,232 13,392 11,254 12,387 11,972 12,225 42 10,575 11,489 11,650 11,880 11,976 11,335 11,770 12,329 43 U.S. affiliates’ payments to their foreign parent groups.................... 20,291 4,428 4,803 5,144 5,916 5,006 5,024 5,242 5,320 5,364 5,455 5,578 5,223 5,533 4,706 44 U.S. payments to unaffiliated foreigners............................................ 101,913 24,937 25,090 25,792 25,094 26,383 27,216 25,499 26,398 26,677 26,095 25,315 25,102 25,598 25,898 Supplemental detail on insurance transactions: 45 Premiums received 5...................................................................................... 23,928 5,946 6,214 5,833 5,936 6,214 5,566 5,518 5,546 5,566 5,946 5,833 5,936 5,518 5,546 46 Actual losses paid.......................................................................................... 3,014 2,767 3,237 11,400 2,860 2,760 3,046 3,132 3,237 3,014 2,860 2,767 2,760 3,046 3,132 47 Premiums paid 5............................................................................................. 88,468 23,865 21,044 21,543 22,016 21,073 21,716 21,825 23,865 21,044 21,543 22,016 21,073 21,716 21,825 48 Actual losses recovered................................................................................. 42,567 11,344 11,344 10,813 10,295 10,116 10,151 10,405 10,608 10,813 10,295 10,116 10,151 10,405 10,608 Memoranda: 49 Balance on goods (table F.2, line 72)............................................................. -506,944 -107,309 -111,065 -145,009 -143,561 -133,683 -165,781 -186,212 -121,197 -113,507 -132,119 -140,121 -151,321 -169,571 -171,157 50 Balance on private services (line 1 minus line 23)......................................... 148,952 36,623 34,092 35,979 42,257 42,678 40,519 35,931 41,866 35,609 37,010 35,956 40,377 41,089 40,519 51 Balance on goods and private services (lines 49 and 50)............................. -357,992 -70,685 -76,973 -109,029 -101,304 -91,005 -129,850 -144,346 -85,588 -76,497 -96,163 -99,744 -110,232 -129,052 -130,639 p Preliminary r Revised 1. Royalties and license fees and “other private services” by detailed type of service include both affiliated and unaffil iated transactions. 2. Includes royalties, license fees, and other fees associated with intangible assets, including patents, trade secrets, and other proprietary rights, that are used in connection with the production of goods. 3. Includes royalties, license fees, and other fees associated with copyrights, trademarks, franchises, rights to broad cast live events, software licensing fees, and other intellectual property rights. 4. Other services receipts (exports) include mainly film and television tape rentals and expenditures of foreign resi dents temporarily working in the United States. Payments (imports) include mainly expenditures of U.S. residents tempo rarily working abroad and film and television tape rentals. 5. These reflect the amount of premiums explicitly charged by, or paid to, insurers and reinsurers. February 2011 D-68 G. Investm ent Tables Table G.1. International Investment Position of the United States at Yearend, 2008 and 2009 [Millions of dollars] Changes in position in 2009 Attributable to: Type of investment Line Position, 2008 ’ Position, 2009 p Valuation adjustments Financial flows (a) Price changes (b) Exchange-rate changes' Other changes2 (c) Total (a+b+c+d) Net international investment position of the United States (lines 2+3)............................ Financial derivatives, net (line 5 less line 2 5 ) 3....................................................................... Net international investment position, excluding financial derivatives (line 6 less line 26). -3,493,882 159,635 -3,653,517 -216,075 -50,804 -165,271 522.929 (4) 522.929 276.730 (4) 276.730 172,452 4 19,103 153,349 756,036 -31,701 787.737 -2,737,846 127,934 -2,865,780 U.S.-owned assets abroad (lines 5+6).................................................................................. Financial derivatives (gross positive fair value)................................................................... U.S.-owned assets abroad, excluding financial derivatives (lines 7+12+17)................... 19,244,875 6,127,450 13,117,425 (3) (3) 140,465 (3) 1,066,119 (3) (3) 357,956 (3) 185,112 -865,791 -2,615,443 1,749,652 18,379,084 3,512,007 14,867,077 U.S. official reserve assets........................................................... Gold................................ Special drawing rights.. Reserve position in the International Monetary Fund.......... Foreign currencies..................................................................... 293,732 227,439 9,340 7,683 49,270 52,256 0 48,230 3,357 669 0 60 0 0 0 110,072 56,941 48,474 3,702 955 403,804 284,380 57,814 11,385 50,225 U.S. government assets, other than official reserve assets.... U.S. credits and other long-term assets 7.............................. Repayable in dollars.............................................................. O th e r8 .................................................................................... U.S. foreign currency holdings and U.S. short-term a sse ts: 624,100 69,877 69,604 273 554,222 -541,342 1.936 1.936 0 -543,278 17 17 17 -541,325 1.953 1.953 0 -543,278 82,775 71,830 71,557 273 10,944 U.S. private assets........................................................................................................................ Direct investment at current cost............................................................................................ Foreign securities..................................................................................................................... Bonds..................................................................................................................................... Corporate stocks.................................................................................................................. U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns................ U.S. claims reported by U.S. banks and securities brokers, not included elsewhere..... 12,199,593 3,742,835 3,985,712 1,237,284 2,748,428 794,699 3,676,347 629,552 268,680 208,213 144,909 63,304 -124,428 277,087 357,081 79,124 255,694 27,269 228,425 8,404 13,859 185,095 -27,247 0 0 0 115,550 96,792 2,180,906 308,356 1,485,286 256,301 1,228,985 -474 387.738 14,380,499 4,051,191 5,470,998 1,493,585 3,977,413 794,225 4,064,085 Foreign-owned assets in the United States (lines 25+26).................................................... Financial derivatives (gross negative fair value)....................................................................... Foreign-owned assets in the Unites States, excluding financial derivatives (lines 27+34).. 22,738,757 5,967,815 16,770,942 (3) 305,736 (3) 81,226 (3) (3) 31,763 -1,621,827 -2,583,742 961,915 21,116,930 3,384,073 17,732,857 Foreign official assets in the United States............................................................................... U.S. Government securities................................................................................................... U.S. Treasury securities...................................................................................................... O ther...................................................................................................................................... Other U.S. Government liabilities 10...................................................................................... U.S. liabilities reported by U.S. banks and securities brokers, not included elsewhere. Other foreign official assets..................................................................................................... 3,939,998 3,264,139 2,400,516 863,623 40,577 252,608 382,674 450,030 441,056 561,125 -120,069 57,971 -70,851 21,854 -13,584 -104,274 -92,297 -11,977 -2,824 -8,524 1,708 -10,232 0 5,700 0 433,841 328,258 470,536 -142,278 58,190 -65,151 112,544 4,373,839 3,592,397 2,871,052 721,345 98,767 187,457 495,218 Other foreign assets.................................................................................................................... Direct investment at current cost...................... U.S. Treasury securities.................................... U.S. securities other than U.S. Treasury securities............................................................ Corporate and other bonds.......................... Corporate stocks............................................ U.S. currency....................................................... U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns............ U.S. liabilities reported by U.S. banks and securities brokers, not included elsewhere. 12,830,944 2,521,353 850,921 4,620,798 2,770,606 1,850,192 301,139 731,539 3,805,194 -144,294 134,707 22,781 59 -136,296 136,355 12,632 -1,460 -313,013 556,774 -5,761 -47,510 610,045 150,665 459,380 34,587 18,927 0 0 0 0 0 -69,240 84,900 528,074 151,433 -24,729 666,365 70,630 595,735 12,632 -66,062 -211,565 13,359,018 2,672,786 826,192 5,287,163 2,841,236 2,445,927 313,771 665,477 3,593,629 Memoranda: Direct investment abroad at market value......................................................................................... Direct investment in the United States at market value................................................................... 3,103,704 2,552,572 268,680 134,707 737,062 422,683 -817 10,621 1,199,147 568,011 4,302,851 3,120,583 p Preliminary r Revised * Less than $500,000 (+/-) ....Not applicable 1. Represents gains or losses on foreign-currency-denominated assets and liabilities due to their revaluation at current exchange rates. 2. Includes changes in coverage due to year-to-year changes in the composition of reporting panels, primarily for bank and nonbank estimates, and to the incorporation of survey results. Also includes capital gains and losses of direct invest ment affiliates and changes in positions that cannot be allocated to financial flows, price changes, or exchange-rate changes. 3. Financial flows and valuation adjustments for financial derivatives are available only on a net basis, which is shown on line 2; they are not separately available for gross positive fair values and gross negative fair values of financial deriva tives. Consequently, columns (a) through (d) on lines 4, 5, and 24, 25 are not available. 4. Data are not separately available for the three types of valuation adjustments; therefore, the sum of all three types is shown in column (d). 56,941 5 56,941 875 244 345 286 C) C) 1,009,178 - 12,201 1,021,379 84,123 937,256 (3) (3) 543,190 219 219 90,690 81,007 3,560 56.261 56.261 4,638 16,548 194,222 5. Reflects changes in the value of the official gold stock due to fluctuations in the market price of gold. 6. Reflects changes in gold stock from U.S. Treasury sales of gold medallions and commemorative and bullion coins; also reflects replenishment through open market purchases. These demonetizations/monetizations are not included in international transactions financial flows. 7. Also includes paid-in capital subscriptions to international financial institutions and outstanding amounts of miscella neous claims that have been settled through international agreements to be payable to the U.S. government over periods in excess of 1 year. Excludes World War I debts that are not being serviced. 8. Includes indebtedness that the borrower may contractually, or at its option, repay with its currency, with a third country’s currency, or by delivery of materials or transfer of services. 9. Includes foreign-currency-denominated assets obtained through temporary reciprocal currency arrangements between the Federal Reserve System and foreign central banks. These assets are included in the investment position at the dollar value established at the time they were received, reflecting the valuation of these assets in the Federal Reserve System’s balance sheet. The movement of exchange rates does not affect this valuation. 10. Includes U.S. government liabilities associated with military sales contracts and U.S. government reserve-related liabilities from allocations of special drawing rights (SDRs). February 2011 S urvey of D-69 C u r r e n t B u s in e s s Table G.2. U.S. Direct Investment Abroad: Selected Items, by Country and by Industry of Foreign Affiliate, 2006-2009 [M illions of dollars] Direct investment position on a historical-cost basis By country of foreign affiliate Canada............................................................................................. Europe.............................................................................................. O f which: France..................................................................................... Germany.................................................................................. Ireland..................................................................................... Netherlands Switzerland.............................................................................. United Kingdom...................................................................... Latin America and Other Western Hemisphere.......................... Of which: Bermuda.................................................................................. B razil........................................................................................ M exico..................................................................................... United Kingdom Islands, Caribbean.................................... A frica................................................................................................ Middle East...................................................................................... Asia and Pacific............................................................................... Of which: Australia................................................................................... Hong Kong Japan........................................................................................ Singapore................................................................................ By industry of foreign affiliate Mining............................................................................................... Manufacturing.................................................................................. Food............................................................................................. Chemicals.................................................................................... Primary and fabricated metals.................................................. Machinery.................................................................................... Computers and electronic products.......................................... Electrical equipment, appliances, and components.............. Transportation equipment.......................................................... Other manufacturing................................................................... Wholesale trade............................................................................... Information........................................................................................ Depository institutions (banking).................................................. Finance (except depository institutions) and insurance............. Professional, scientific, and technical services........................... Holding companies (nonbank)....................................................... Other industries............................................................................... 20071 2008 2009 2006 2008 2009 2,993,980 3,219,725 3,508,142 224,220 393,518 330,491 248,074 304,114 350,237 382,575 325,467 205,134 1,397,704 250,642 1,682,023 239,170 1,831,246 259,792 1,976,222 -1,551 147,687 22,331 239,803 5,986 192,691 18,085 129,014 23,542 153,702 21,170 175,702 32,410 191,650 19,865 173,623 63,008 93,620 86,372 279,373 102,022 406,358 418,429 74,179 100,601 117,708 412,122 94,675 426,357 556,160 81,753 108,217 146,672 426,762 132,126 449,521 591,363 85,801 116,832 165,924 471,567 148,239 471,384 678,956 7,076 2,703 20,148 41,118 11,019 30,535 35,672 12,010 9,569 15,506 109,097 7,365 21,978 55,324 -168 1,154 25,433 52,839 23,700 37,138 77,018 2,393 6,775 24,704 42,974 15,039 20,119 66,149 5,801 8,081 17,865 35,644 14,231 26,772 53,532 5,494 9,356 21,994 44,255 14,543 21,412 72,600 5,228 8,401 24,477 49,618 19,297 27,214 78,558 2,390 5,851 27,063 52,654 18,919 22,561 69,598 133,480 33,504 82,965 84,817 28,158 24,206 403,637 211,708 48,807 91,046 105,829 32,607 28,448 444,101 213,863 44,532 89,610 129,243 37,221 31,886 488,839 245,671 56,692 97,897 141,527 44,805 37,012 511,355 19,944 223 9,444 -6,374 5,157 5,699 31,556 14,785 5,585 9,798 12,640 4,490 4,070 67,500 21,903 4,179 6,898 21,701 3,764 3,907 47,125 26,588 2,663 5,924 10,198 5,733 4,925 24,168 15,586 5,253 9,606 5,112 7,208 6,043 60,086 23,176 7,617 11,634 10,431 6,726 7,692 66,347 23,803 9,546 10,368 9,829 6,801 9,064 64,092 19,985 7,377 7,640 14,772 5,067 5,100 52,214 67,632 39,636 84,428 81,879 84,331 40,720 85,224 93,529 94,451 40,014 101,918 86,048 106,370 50,459 103,643 76,862 1,473 4,174 2,709 8,035 10,122 11,533 15,721 14,003 10,182 -332 -1,150 8,996 6,202 6,367 6,140 5,833 6,596 8,130 7,627 15,563 7,840 7,681 7,862 19,045 8,369 5,730 7,667 17,487 5,231 5,742 8,929 9,525 121,006 441,724 31,215 94,519 18,773 29,136 63,113 16,293 50,663 138,013 138,211 100,445 81,637 514,462 69,213 838,566 172,004 141,299 484,839 40,588 95,915 22,244 31,257 69,467 19,979 60,612 144,777 150,089 116,923 123,202 649,773 81,344 1,039,045 207,466 153,442 484,596 41,201 114,171 20,078 39,093 65,530 23,582 45,456 135,486 176,869 135,037 116,874 688,160 74,691 1,181,323 208,733 171,106 541,080 45,247 129,529 23,186 43,612 65,598 24,694 47,235 161,978 198,985 149,826 114,032 746,993 77,474 1,279,952 228,693 21,903 42,359 2,736 5,778 2,490 3,711 13,458 2,753 1,563 9,869 14,835 3,851 -6,441 25,825 9,377 97,498 15,012 19,857 71,977 11,045 11,452 3,440 5,630 6,583 4,425 11,532 17,871 12,874 8,562 10,785 82,169 12,094 153,562 21,637 27,293 33,955 3,939 16,571 2,445 7,451 4,687 4,633 -11,614 5,842 33,171 13,635 5,322 55,672 10,253 133,959 17,232 22,259 47,707 3,429 15,759 611 3,627 182 1,316 804 21,980 21,296 11,700 -17,473 42,063 6,545 99,246 14,731 29,848 57,677 4,278 12,523 2,044 3,344 12,542 1,919 4,257 16,771 24,321 11,526 -6,362 39,402 9,480 120,884 17,338 32,315 66,435 4,525 14,154 2,405 5,735 12,253 1,870 5,733 19,762 28,527 11,144 -7,927 42,802 8,953 146,576 21,411 40,940 60,895 3,506 15,520 1,788 5,983 10,213 2,202 1,420 20,262 29,564 13,806 1,901 42,915 6,732 166,976 18,847 27,542 44,624 2,654 14,207 735 3,766 6,416 1,718 -1,721 16,849 24,154 14,404 -6 6 38,774 6,743 152,471 16,821 2008 2009 1. The direct investment position, financial outflows, and income reflect a discontinuity between 2006 and 2007 because of the reclassification of permanent debt and associated interest, a component of income, between affiliated depository institutions from direct investment to other investment accounts. 2006 2007 1 ncome without current-cost adjustment 2,477,268 2006 All countries, all industries............................................... Financial outflows without current-cost adjustment (inflows (-)) N ote . The data in this table S urvey of C u rrent B u sin ess . 20071 are from tables 14 and 15 in “U.S. Direct Investment Abroad Tables” in the September 2010 D-70 International Data February 2011 Table G.3. Selected Financial and Operating Statistics of Nonbank Foreign Affiliates of U.S. Companies by Country and by Industry of Affiliate, 2008 Majority-owned nonbank foreign affiliates All nonbank foreign affiliates Millions of dollars Millions of dollars All countries, all industries............................................... Total assets Sales 12,504,725 6,107,864 Net income Thousands U.S. U.S. of exports of imports of employees goods goods shipped to shipped by affiliates affiliates Total assets 11,879.4 11,443,211 Sales Net income 956,357 269,752 337,057 (D) 83,297 1,082.4 908,594 593,283 63,046 4,820.1 6,876,406 2,726,149 487,414 636.8 671.5 244.4 1,328.0 334,243 546,547 1,197,498 1,605,149 231,869 347,394 232,802 622,447 12,386 20,287 139,344 3,103 5,202,191 872,506 Value added 1,211,854 Thousands U.S. U.S. of exports of imports of employees goods goods shipped to shipped by affiliates affiliates 260,373 318,486 126,352 75,809 107,945 1,064.4 638,280 72,734 82,522 4,213.3 56,712 94,127 33,296 165,991 5,334 10,715 12,739 15,927 7,785 7,208 5,698 13,576 604.4 621.3 228.8 1,174.2 10,123.8 By country of affiliate Canada......................................................................................... 955,514 617,615 66,148 78,100 Europe.......................................................................................... O f which: France..................................................................................... Germany.................................................................................. Netherlands............................................................................. United Kingdom...................................................................... 7,419,907 3,147,942 525,813 74,868 352,752 600,177 1,276,966 1,727,600 243,870 388,658 318,605 681,792 13,330 21,984 147,566 9,193 (D) 10,720 15,985 7,942 (D) 5,699 13,601 Latin America and Other Western Hemisphere...................... Of which: B razil................................................................................... Mexico................................................................................. 1,913,412 691,555 187,832 57,525 68,742 2,321.6 1,760,796 598,005 176,314 140,149 55,209 65,072 1,935.7 160,699 193,682 157,495 207,031 13,318 10,268 6,034 40,262 (D) 49,834 505.9 1,107.2 150,019 164,617 147,757 168,435 12,687 8,199 38,915 30,753 5,860 38,259 3,304 46,762 485.8 901.7 Africa............................................................................................ 197,015 110,624 42,072 1,412 (D) 219.2 178,471 97,192 39,755 57,267 1,316 6,458 172.4 Middle East.................................................................................. 160,235 120,970 26,619 1,151 (D) 122.5 88,928 48,586 9,311 21,269 1,000 2,267 90.9 Asia and Pacific.......................................................................... O f which: Australia................................................................................... China........................................................................................ India Japan 1,858,643 1,419,158 107,873 56,695 60,749 3,313.7 1,630,016 1,138,976 96,666 228,536 54,307 54,221 2,647.1 280,155 161,987 47,440 595,861 177,554 171,733 41,203 321,119 18,282 12,472 3,058 12,235 5,704 (D) 2,947 7,516 1,042 12,197 (D) (D) 322.2 950.2 384.3 583.5 266,702 124,331 35,931 508,081 148,938 131,372 33,503 200,857 17,413 11,161 2,916 8,990 46,058 27,296 9,363 44,094 5,609 3,927 926 11,794 2,946 7,140 727 1,458 288.2 774.2 313.4 296.7 Mining........................................................................................... 742,815 485,267 115,521 2,492 25,617 M 611,524 338,021 92,792 221,006 2,446 25,617 198.2 Utilities.......................................................................................... 84,583 120,524 3,801 608 (D) 37.9 57,810 48,708 2,876 8,772 608 (D) 27.3 Manufacturing Of which:... Food...... Chemicals............................................................................ Primary and fabricated m etals........................................ Machinery............................................................................ Computers and electronic products................................. Electrical equipment, appliances, and components...... Transportation equipment................................................. 2,260,530 2,731,326 163,861 168,628 243,318 5,438.1 1,880,285 2,285,194 132,111 517,133 161,427 224,990 4,600.1 167,153 568,875 100,653 162,511 258,442 66,093 285,370 213,437 505,640 93,495 170,408 303,672 54,624 483,091 9,379 51,017 5,104 14,268 19,011 3,743 5,101 5,252 28,069 4,269 10,312 25,476 9,668 21,826 6,814 16,324 64,021 (D) (D) (D) 491.9 721.8 241.5 472.2 721.8 269.1 1,000.5 151,821 504,184 94,619 145,673 239,059 59,980 244,774 199,283 457,020 87,224 149,311 296,874 47,514 410,221 9,661 43,218 5,042 13,078 19,761 3,631 2,646 34,516 110,154 21,562 36,911 49,729 11,742 62,036 5,167 27,663 4,223 9,942 25,392 3,167 60,146 9,560 19,658 6,732 15,591 48,284 5,898 74,378 434.3 627.1 230.2 400.7 700.4 231.4 902.3 Wholesale trade........................................................................... 793,580 1,423,914 63,409 82,265 62,805 825.1 773,583 1,391,801 62,270 157,274 80,620 62,583 796.8 Information................................................................................... 447,556 294,122 20,868 (D) 154 507.4 298,446 184,756 8,670 46,380 905 154 361.1 Finance (except depository institutions) and insurance......... 2,810,330 306,349 21,608 27 (D) 286.6 2,731,396 285,963 19,828 46,482 26 (D) 239.6 Professional, scientific, and technical services....................... 289,047 177,717 20,142 3,387 (D) 702.4 284,921 173,692 19,809 67,463 3,377 (D) 679.3 Other industries........................................................................... 5,076,283 568,646 547,149 (D) 1,422 M 4,805,245 494,056 534,150 147,343 10,963 1,404 3,221.5 (D) By industry of affiliate (D) D Suppressed to avoid disclosure of data of individual companies. N otes . The following ranges are given in employment cells that are suppressed: A— 1 to 499; F—500 to 999; G— 1,000 to 2,499; H—2,500 to 4,999; I— 5,000 to 9,999; J— 10,000 to 24,999; K— 25,000 to 49,999; L—50,000 to 99,999; M—100,000 or more. The data in this table are from “U.S. Multinational Companies: Operations in the United States and Abroad in 2008” in the August 2010 S urvey of C urrent B u sin ess . February 2011 S urvey of C u r r e n t B u s in e s s D -7 1 Table G.4. Foreign Direct Investment in the United States: Selected Items, by Country of Foreign Parent and by Industry of U.S. Affiliate, 2006-2009 [Millions of dollars] Direct investment position on a historical-cost basis All countries, all industries............................................................ Financial inflows without current-cost adjustment (outflows (-)) 2006 2007 1 2008 2009 1,840,463 2,055,176 2,165,748 2,319,585 Income without current-cost adjustment 2006 2007 1 2008 2009 2006 2007 1 2008 237,136 265,957 324,560 129,883 144,755 123,881 111,764 2009 89,186 By country of foreign parent Canada................................................................................................................... 165,281 205,381 194,140 225,836 14,770 47,425 21,998 25,813 14,555 10,342 8,064 6,715 Europe.................................................................................................................... Of which: France........................................................................................................... Germany....... Luxembourg.. Netherlands.. Switzerland... United Kingdom............................................................................................ 1,326,738 1,478,383 1,555,208 1,685,279 182,575 161,704 202,924 83,725 98,286 79,343 86,662 76,981 147,799 205,969 89,157 182,014 134,568 414,629 153,713 213,159 120,945 189,469 151,513 424,046 157,172 201,424 118,283 199,137 164,534 454,328 189,285 218,153 127,768 237,959 189,371 453,875 29,078 39,540 17,923 25,543 1,177 38,547 4,701 9,693 28,763 18,434 -3,194 37,183 16,862 -1,481 414 75,568 43,325 41,314 24,046 16,210 12,422 5,416 8,638 12,632 14,550 10,324 2,710 20,250 2,862 36,555 3,602 4,084 4,625 21,260 6,203 26,292 13,760 -893 3,082 11,047 22,511 23,890 8,145 11,664 598 13,117 14,733 23,344 Latin America and Other Western Hemisphere................................................ Of which: Bermuda........................................................................................................ Mexico................................... Panama................................. United Kingdom Islands, Caribbean.......................................................... Venezuela.............................. 66,583 49,828 46,130 27,864 11,808 -4,658 29,509 8,372 7,113 7,678 6,772 48 9,223 5,310 11,924 28,367 5,380 -2,676 7,688 932 34,588 4,181 4,116 9,444 822 24,401 4,567 -13,181 11,361 1,045 17,529 4,850 7,047 2,265 1,618 3,845 -1,362 -11,805 717 1,037 7,322 -1,980 5,971 2,369 228 18,718 569 4,492 913 159 -1,649 283 670 923 1,851 1,826 818 594 1,197 1,170 2,609 (D) 3,302 1,185 415 580 (D) -263 672 179 214 -461 (D) A frica...................................................................................................................... 1,976 1,535 2,309 1,689 255 -207 948 -787 207 175 75 Middle East............................................................................................................ 10,112 14,896 17,242 17,614 2,504 5,196 3,652 600 1,243 470 -467 (D) Asia and Pacific..................................................................................................... Of which: Australia......................................................................................................... Japan.............................................................................................................. 269,772 305,154 350,718 361,303 25,225 56,497 65,529 12,160 23,350 25,873 10,658 5,656 38,777 204,020 37,514 229,408 40,626 259,753 45,663 264,208 2,174 16,466 16,706 26,576 14,890 36,377 6,732 4,373 5,773 16,190 6,649 16,751 3,118 7,108 2,326 2,639 569,324 50,339 135,054 34,812 41,600 48,944 25,537 67,505 165,532 255,590 31,677 135,986 135,391 283,364 41,924 47,597 339,610 684,555 26,903 190,049 42,453 93,091 44,410 20,112 93,053 174,482 294,697 31,363 155,704 107,242 275,722 53,780 55,201 396,912 746,475 23,849 187,332 47,645 88,730 59,757 20,561 83,907 234,695 316,581 40,129 164,491 92,565 238,875 57,459 62,934 446,238 790,568 20,004 203,760 48,693 95,585 55,349 24,004 96,872 246,302 328,430 44,330 146,114 111,913 293,204 54,539 46,087 504,399 98,508 6,550 30,404 8,341 9,957 23,312 3,249 -4,134 20,829 20,907 2,789 27,321 13,794 37,614 435 3,636 32,131 148,075 2,200 58,926 8,596 37,142 980 9,404 13,228 17,599 32,077 -1,060 10,825 -1,237 -8,398 6,809 8,853 70,014 87,446 282 4,856 10,626 4,665 14,818 461 -5,908 57,645 42,376 7,826 10,452 23,202 69,585 3,981 9,705 69,986 48,136 -4,356 14,137 2,939 6,627 -4,232 3,261 12,789 16,971 12,853 4,805 -10,874 8,999 24,188 625 1,531 39,621 55,253 3,987 14,015 5,484 1,908 5,633 1,781 3,614 18,831 25,295 2,557 5,720 7,535 7,839 3,054 1,566 35,935 48,503 2,652 19,818 4,216 2,180 -2,322 1,712 1,065 19,183 24,494 2,358 5,973 1,798 6,005 3,232 2,608 28,910 40,062 2,959 14,064 3,708 2,336 841 1,165 -29 15,018 25,089 1,995 3,438 521 9,341 2,742 3,665 24,910 31,698 3,671 17,809 -396 1,638 103 945 -3,982 11,910 9,646 2,604 3,464 -2,447 16,525 710 1,796 25,190 By industry of U.S. affiliate Manufacturing........................................................................................................ Food................................................................................................................... Chemicals..................... Primary and fabricated metals........................................................................ Machinery..................... Computers and electronic products................................................................ Electrical equipment, appliances, and components.................................... Transportation equipment................................................................................ Other manufacturing.... Wholesale trade............... Retail trade....................... Information............................................................................................................. Depository institutions (banking)........................................................................ Finance (except depository institutions) and insurance................................... Real estate and rental and leasing..................................................................... Professional, scientific, and technical services................................................. Other industries.................................................................................................... D Suppressed to avoid disclosure of data of individual companies. 1. The direct investment position, financial inflows, and income reflect a discontinuity between 2006 and 2007 because of the reclassification of permanent debt and associated interest, a component of income, between affiliated depository institutions from direct investment to other investment accounts. N o te . The data in this table are from tables 14 and 15 in “Foreign Direct Investment in the United States Tables” in the September 2010 S urvey of C urrent B usin ess . D-72 February 2011 International Data Table G.5. Selected Financial and Operating Data of U.S. Affiliates of Foreign Companies by Country of Ultimate Beneficial Owner and by Industry of Affiliate, 2008 All affiliates Majority-owned affiliates Millions of dollars Millions of dollars Total assets All countries, all industries........................................... 12,666,896 Sales 3,819,986 Net income -28,851 Thousands of employees 6,279.2 Millions of dollars U.S. U.S. exports of imports of goods goods shipped by shipped to affiliates affiliates 246,685 Total assets 587,994 11,671,560 Sales 3,448,568 Millions of dollars Net income -4,118 Value added 670,284 Thousands of employees 5,593.5 U.S. U.S. exports of imports of goods goods shipped by shipped to affiliates affiliates 232,413 566,925 By country Canada......................................................................................... 1,161,937 299,570 1,433 717.2 11,636 35,189 1,095,047 256,319 2,186 62,554 515.9 9,557 33,932 Europe.......................................................................................... O f which: France................................................................................. Germany. Netherlands Sw eden.. Switzerland United Kingdom.................................................................. 9,076,176 2,263,147 -12,719 3,942.9 126,423 226,037 8,590,080 2,063,938 -15,099 423,365 3,614.5 120,466 214,937 1,308,792 1,705,228 903,406 70,927 1,671,263 2,302,076 306,760 458,952 343,402 52,205 220,345 7,973 -30,298 3,137 13,318 20,243 -13,510 (D) (D) 598.3 722.7 386.6 182.2 413.4 1,047.5 (D) 37,346 6,940 16,574 40,001 1,263,179 1,583,013 883,357 70,690 1,654,932 2,171,515 278,483 394,109 331,578 51,747 212,525 543,771 2,762 -11,458 -1,687 995 -12,792 16,519 57,521 82,445 56,173 13,446 48,836 108,820 550.2 614.2 371.5 181.5 394.4 957.4 12,217 34,547 19,373 5,398 9,142 27,726 19,402 65,472 37,259 6,934 16,252 39,027 Latin America and Other Western Hemisphere...................... Of which: Bermuda.............................................................................. Mexico................................................................................. United Kingdom Islands, Caribbean................................ Venezuela............................................................................ 427,523 212,964 3,281 389.8 (D) (D) 401,953 197,282 3,360 51,391 377.4 11,788 37,882 (D) 73,520 22,867 1,208 586 M L 30.1 I (D) (D) 112 (D) (D) (D) (D) (D) 238,206 36,988 40,988 21,523 70,890 20,879 12,828 1,632 614 238 (D) 1,086 3,565 (D) 208.5 46.2 30.1 6.4 (D) (D) 24,494 5,858 4,486 5,062 112 (D) (D) (D) 176 37,397 41,044 (D) (D) (D) 1,020 (D) (D) (D) (D) 5,405 9,338 (D) A frica............................................................................................ (D) 7,559 246 6.7 799 (D) 5,116 7,443 204 1,257 6.6 797 Middle East.................................................................................. 153,039 102,911 -5,907 89.6 2,261 (D) 135,980 96,610 -5,845 11,519 77.4 2,256 (D) Asia and Pacific........................................................................... O f which: Australia............................................................................... Japan.................................................................................... Korea, Republic o f............................................................. 1,664,244 835,173 -17,373 1,038.4 82,692 238,047 1,351,370 748,908 10,612 109,509 928.8 77,411 232,795 184,255 1,061,694 41,827 46,702 626,996 3,348 8,899 (D) 64,225 10,895 187,728 (D) 84.3 741.7 28.6 (D) (D) (D) 169,185 1,026,574 41,213 40,873 590,923 58,741 3,517 8,623 -1,657 10,569 87,651 1,966 81.5 691.0 27.4 3,572 60,031 10,849 2,170 183,836 37,928 United States............................................................................... (D) 98,662 2,187 94.7 (D) (D) 92,014 78,068 464 10,690 72.8 10,138 (D) Manufacturing.............................................................................. O f which: Food.................................................................................... Petroleum and coal products............................................ Chemicals............................................................................ Nonmetallic mineral products........................................... Primary and fabricated m etals........................................ Machinery............................................................................ Computers and electronic products................................. Electrical equipment, appliances, and components...... Transportation equipment................................................. 1,700,407 1,428,083 -1,793 2,256.0 141,898 242,185 1,500,219 1,288,552 14,800 280,329 2,115.5 131,300 223,993 93,263 226,817 267,418 57,089 100,600 94,887 60,476 31,792 219,616 2,787 4,480 8,513 -1,181 1,144 1,698 -6,302 2,448 -1,482 17,345 22,040 65,577 19,109 23,242 25,474 12,578 10,795 40,292 169.6 38.1 305.8 157.1 178.3 241.3 164.7 75.4 420.5 11,023 30,048 1,431 8,563 14,257 13,229 3,236 26,574 5,164 63,080 46,827 1,277 7,748 11,705 12,823 5,476 54,218 By industry 81,432 118,219 384,926 104,111 112,911 124,838 106,833 45,705 96,812 237,188 275,506 58,098 112,971 97,627 65,236 3,002 4,489 9,694 -1,082 1,028 1,745 -6,630 -20,758 173.9 40.0 M 159.7 185.4 245.1 172.3 75.7 485.6 11,084 9,612 31,230 1,470 9,148 14,428 14,297 3,245 31,135 (D) (D) (D) 285,672 Wholesale trade........................................................................... 706,493 Retail trade.................................................................................. 87,354 Information................................................................................... O f which: Publishing industries......................................................... Telecommunications.......................................................... 5,208 47,392 1,365 8,924 12,450 13,388 5,486 64,254 79,871 115,965 375,916 103,367 106,130 123,445 99,150 45,603 245,902 1,053,989 24,349 661.1 92,090 324,195 695,840 1,019,137 22,913 116,400 648.8 89,824 322,319 159,752 379 M (D) (D) 68,003 120,905 1,485 27,468 464.4 700 7,303 471,101 174,192 13,537 365.5 1,369 (D) 254,337 101,672 -1,106 35,771 249.1 968 644 (D) 45,643 -2,656 (D) 97,448 82,866 40,415 35,515 -3,309 527 14,119 11,347 122.1 (D) 947 75 544 186,079 138.5 M (D) (D) 544 48 Finance and insurance.............................................................. 8,533,653 538,652 -91,845 485.9 0 8,111,541 494,441 -63,322 61,996 407.5 0 (*) Real estate and rental and leasing........................................... 175,333 29,946 -1 0 40.8 (D) 140,526 24,925 -781 13,171 39.4 (D) (D) (D) (D) 0 (D) 59.2 (D) Professional, scientific, and technical services....................... 126,495 81,974 2,279 M 591 (D) 120,883 78,727 2,449 26,870 248.3 565 348 Other industries........................................................................... 866,059 353,398 24,254 1,555.7 9,989 12,856 780,211 320,210 19,444 108,280 1,420.5 (D) (D) D Suppressed to avoid disclosure of data of individual companies. N o tes . Size ranges are given in employment cells that are suppressed. The size ranges are: A—1 to 499; F—500 to 999; G— 1,000 to 2,499; H—2,500 to 4,999; 1—5,000 to 9,999; J—10,000 to 24,999; K—25,000 to 49,999; L—50,000 to 99,999; M— 100,000 or more. The data in this table are from BEA’s annual survey of the operations of U.S. affiliates of foreign companies; see “U.S. Affiliates of Foreign Companies: Operations in 2008” in the November 2010 S urvey of C urrent B usin ess . D-7 3 February 2011 H. C harts THE U.S. IN THE INTERNATIONAL ECONOMY COMPONENTS OF CURRENT ACCOUNT BALANCE BALANCE ON CURRENT ACCOUNT Services Income Unilateral transfers EXPORTS AND IMPORTS OF GOODS AND SERVICES CAPITAL FLOWS ON U.S. DIRECT INVESTMENT ABROAD (OUTWARD) AND FOREIGN DIRECT INVESTMENT IN THE UNITED STATES (INWARD) Inward Outward NET INTERNATIONAL INVESTMENT POSITION VALUED AT CURRENT COST SECURITIES TRANSACTIONS Net foreign purchases of U.S. securities Foreign assets in the United States U.S. assets abroad Net U.S. purchases of foreign securities Net investment position 87 89 91 N ote . All 93 95 97 99 01 03 05 07 09 10 series except those for the international investment position are quarterly and are seasonally adjusted when adjusted data are available. The series are from tables F.2, with opposite signs in some cases, and G.1. U.S. Bureau of Economic Analysis 87 89 91 93 95 97 99 01 03 05 07 09 February 2011 D-74 Regional Data I. S tate and R egional Tables The tables in this section include the m ost recent estimates of state personal income and gross domestic product by state. The sources of these estimates are noted. The quarterly and annual estimates of state personal income and the estimates of gross domestic product by state are available online at www.bea.gov. For inform ation on state personal income, e-mail reis@bea.gov; write to the Regional Economic Inform ation System, BE-55, Bureau of Economic Analysis, U.S. D epartm ent of Commerce, Washington, DC 20230; or call 202-606-5360. For inform ation on gross domestic product by state, e-mail gdpbystate@bea.gov; write to the Regional Product Division, BE-61, Bureau of Economic Analysis, U.S. Departm ent of Commerce, Washington, DC 20230; or call 202-606-5340. Table 1.1. Personal Income by State and Region [Millions of dollars, seasonally adjusted at annual rates] 2007 2006 Percent change1 2010 2009 2008 Area IV I II III IV United S tates.... 11,493,304 11,696,446 11,828,816 11,942,634 12,131,515 685,817 691,395 680,276 699,866 New England............. 665,358 194,242 198,321 188,526 196,328 199,685 C onnecticut............ 46,462 44,848 45,759 46,111 47,099 Maine....................... 323,812 329,009 M assachusetts...... 312,065 318,996 320,940 55,544 56,382 New Hampshire..... 55,754 56,515 57,031 42,528 42,435 42,723 43,091 41,401 Rhode Island.......... 23,207 23,694 23,488 23,950 Vermont................... 22,763 Mideast....................... 2,098,947 2,149,936 2,163,343 2,185,937 2,215,432 34,317 34,600 34,663 35,142 Delaware................ 33,583 37,084 37,940 38,356 District of Columbia 35,508 36,691 260,140 263,277 264,952 269,132 Maryland.................. 257,116 430,969 434,167 436,465 442,658 New Jersey............. 421,354 920,369 931,832 New York.................. 878,725 905,873 907,976 491,549 498,312 Pennsylvania.......... 472,662 481,946 486,240 1,659,519 1,684,623 1,694,584 1,705,635 1,727,951 Great Lakes............... 535,000 545,702 514,917 522,383 529,908 Illinois...................... 212,014 214,292 209,504 213,439 217,285 Indiana..................... 344,834 346,067 337,247 342,613 342,528 M ichigan.................. 409,382 403,148 403,474 405,205 395,663 O hio......................... 204,467 206,304 209,514 W isconsin............... 205,235 202,188 741,263 753,824 758,933 776,212 Plains.......................... 728,538 104,805 106,838 107,575 110,428 102,538 Iowa......................... 104,784 103,051 104,322 107,421 Kansas.................... 101,496 212,897 216,724 220,942 Minnesota............... 209,377 216,148 208,903 212,724 M issouri................... 204,039 207,139 202,129 67,773 65,678 67,112 69,568 Nebraska................ 64,040 22,602 23,271 23,763 24,816 North Dakota.......... 21,832 29,410 South Dakota.......... 27,126 28,190 28,995 30,315 Southeast................... 2,631,668 2,679,350 2,713,739 2,739,002 2,776,242 152,257 149,593 150,920 154,692 Alabam a.................. 147,153 89,767 86,299 88,545 93,486 Arkansas ................ 84,759 711,398 716,825 723,759 729,821 F lorida..................... 703,378 326,802 331,537 334,254 329,110 Georgia.................... 318,355 132,750 135,019 Kentucky.................. 129,068 130,693 132,123 158,504 161,614 146,262 148,619 156,990 Louisiana................. 83,763 86,301 87,456 88,005 Mississippi.............. 82,247 317,338 North Carolina........ 311,406 314,529 323,345 304,609 142,641 136,722 139,439 141,186 144,935 South Carolina........ 207,236 209,812 211,626 215,742 Tennessee.............. 204,591 330,824 333,695 337,123 340,372 321,453 V irginia.................... 53,277 54,243 West V irginia.......... 53,071 53,703 54,956 Southwest................. 1,239,052 1,254,143 1,276,918 1,299,195 1,326,422 215.74C 217,227 219,71C 221,403 Arizona.................... 211,781 61,576 63,543 New Mexico............ 60,451 62,468 64,585 121,684 123,558 125,676 127,983 Oklahoma............... 120,946 845,874 855,142 873,665 890,266 912,451 Texas....................... Rocky Mountain........ 385,712 393,309 397,591 407,489 381,068 199,609 203,488 206,039 211,477 Colorado.................. 198,009 48,386 48,920 49,078 50,084 Idaho ....................... 47,488 32,241 32,579 33,278 M ontana.................. 31,205 31,691 82,544 85.63C 87,534 Utah......................... 84,756 80,608 24,265 Wyoming.................. 23,758 23,483 23,905 25,115 Far West...................... 2,089,154 2,121,143 2,147,281 2,164,947 2,201,902 28,274 27,578 28,044 28,628 Alaska...................... 26,789 1,523,387 1,545,365 1,561,554 1,570,427 1,595,680 C alifornia................ 52,970 51,335 52,072 53,686 Hawaii...................... 50,323 101,624 N evada.................... 99,912 102,761 104,031 106,416 O regon.................... 130,202 131,131 132,648 134,205 136,670 275,042 Washington............. 264,110 270,200 280,823 258,540 I II III IV I II III IV lr llr IMP 12,294,280 706,920 200,191 47,914 332,901 57,763 43,926 24,225 2,236,051 35,430 39,769 271,372 446,955 939,224 503,302 1,752,529 551,801 222,304 352,129 414,169 212,126 797,880 114,693 111,246 226,327 215,408 71,613 26,589 32,003 2,808,876 157,103 92,756 734,322 340,424 137,123 164,953 89,10C 326,067 146,746 218,366 346,012 55,905 1,366,391 223,945 65,852 131,825 944,770 411,806 213,191 50,449 33,880 88,062 26,223 2,213,827 30,083 1,600,904 54,290 106,034 138,002 284,514 12,445,933 710,965 201,123 48,323 335,142 57,924 44,080 24,373 2,248,332 35,851 40,236 274,399 447,197 940,306 510,343 1,770,005 556,374 224,588 356,030 419,166 213,848 801,685 114,438 112,583 225,240 219,734 71,865 26,332 31,492 2,856,775 160,612 94,724 744,002 345,098 139,984 170,468 92,107 331,603 149,926 220,964 349,993 57,295 1,402,350 225,956 67,275 135,673 973,446 416,562 215,506 50,789 34,167 89,275 26,825 2,239,259 30.46C 1,621,724 54,817 105,574 139,828 286,856 12,436,903 710,364 201,753 48,372 334,365 57,598 43,849 24,426 2,248,026 35,937 40,578 274,992 447,936 938,765 509,818 1,766,387 557,644 223,729 353,283 417,556 214,176 805,276 115,144 113,10C 228,069 218,022 72,140 27,016 31,785 2,842,048 158,903 94,111 740,868 341,868 139,155 170,620 90,361 329,622 148,959 219,590 350,422 57,567 1,403,800 224,684 66,942 135,741 976,435 418,274 216,619 50,460 34,272 89,509 27,414 2,242,727 30,731 1,622,134 54,747 105,006 139,991 290,118 12,341,864 706,142 199,075 48,191 333,218 57,182 44,030 24,447 2,233,029 35,801 40,817 274,974 445,447 927,818 508,171 1,752,731 551,074 222,195 351,744 414,352 213,366 801,295 113,468 112,153 224,999 222,807 70,324 26,521 31,024 2,822,524 157,655 93,458 732,606 338,732 138,90C 172,125 89,847 327,022 147,851 217,178 349,147 58,004 1,399,185 222,337 66,829 134,874 975,145 413,669 213,592 49,807 34,122 88.75S 27,388 2,213,290 30,924 1,598,968 54,594 102,701 139,000 287,103 12,087,756 686,591 191,393 47,450 324,863 55,988 43,041 23,856 2,163,848 35,270 40,277 272,362 430,307 884,099 501,533 1,711,632 537,736 216,430 339,278 408,998 209,191 785,195 112,961 110,125 219,560 214,984 70,734 25,985 30,845 2,783,020 155,708 93,449 719,300 333,220 137,556 169,274 89,213 321,718 146,342 214,222 345,148 57,869 1,372,498 219,349 66,259 132,335 954,555 407,538 210,661 48,867 33,599 87,763 26,648 2,177,436 29,763 1,571,784 54,308 100,230 137,320 284,033 12,191,395 695,203 195,064 48,154 327,723 56,352 43,621 24,289 2,212,671 35,366 40,963 275,674 436,695 916,829 507,144 1,725,746 541,098 218,046 343,497 411,224 211,882 786,479 112,977 110,548 220,053 215,527 70,327 26,142 30,905 2,806,553 157,845 93,489 723,913 335,358 139,528 168,481 90,208 326,691 147,602 216,231 348,609 58,599 1,373,076 219,951 66,611 132,020 954,494 406,486 209,382 48,843 33,925 88,119 26,218 2,185,180 30,097 1,574,645 54,742 100,398 138,715 286,582 12,156,914 694,025 193,681 48,262 327,623 56,614 43,516 24,330 2,205,496 35,366 40,784 275,631 436,788 911,335 505,592 1,722,739 541,014 217,536 341,696 410,662 211,831 786,554 112,932 110,685 220,048 214,896 70,269 26,602 31,122 2,795,105 157,166 93,606 718,624 333,109 139,738 168,173 89,701 326,365 147,352 214,936 348,024 58,311 1,370,276 218,031 66,784 132,103 953,358 406,773 209,891 48,927 34,034 87,890 26,031 2,175,945 30,284 1,567,694 54,382 99,150 137,962 286,473 12,225,831 697,504 194,767 48,493 329,085 56,676 43,912 24,571 2,221,404 35,437 41,114 276,908 438,073 919,280 510,592 1,733,455 544,131 219,264 344,739 412,313 213,008 791,397 113,794 111,336 222,089 215,316 70,929 26,646 31,286 2,809,169 157.62C 94,197 721,955 334,296 140,659 168,250 90,150 328,008 148,710 217,060 349,618 58,642 1,377,838 219,746 67,324 132,117 958,650 408,572 210,979 49,138 34,135 88,331 25,990 2,186,493 30,579 1,576,477 54,548 98,706 138,816 287,367 12,338,247 698,952 193,998 48,815 330,870 56,895 43,847 24,528 2,237,926 35,522 41,683 279,467 441,661 927,130 512,462 1,741,654 545,988 220,710 344,999 415,755 214,202 797,811 115,316 112,284 224,551 217,486 70,924 26,108 31,143 2,841,153 158,943 95,142 728,095 339,087 142,097 170,253 90,885 333,517 150,130 220,592 353,125 59,286 1,397,429 221,270 68,347 133,831 973,981 412,599 212,774 49,393 34,605 89,401 26,426 2,210,725 30,961 1,596,980 55,028 98,621 140,162 288,973 12,506,616 712,944 199,468 49,362 336,267 58,131 44,564 25,153 2,274,865 36,008 42,211 282,491 446,561 948,077 519,517 1,767,370 553,506 224,016 350,865 420,871 218,111 805,794 116,905 113,362 226,378 219,151 72,023 26,525 31,450 2,879,554 161,693 96,717 736,948 342,281 144,228 172,626 92,465 338,589 152,589 223,883 357,503 60,032 1,417,287 223,900 69,631 136,177 987,580 416,046 214,397 50,098 35,073 89,783 26,695 2,232,756 31,264 1,613,063 55,301 99,774 141,546 291,807 12,590,671 715,884 199,383 49,782 338,267 58,320 44,801 25,331 2,283,041 36,285 42,504 284,643 448,473 947,855 523,280 1,781,423 557,936 226,093 352,833 424,306 220,255 815,279 118,519 114,693 229,012 221,077 73,117 26,846 32,016 2,899,808 163,005 97,717 740,651 344,954 145,305 174,049 93,099 341,242 153,745 225,289 360,266 60,487 1,431,144 225,399 70,326 137,605 997,814 419,140 216,054 50,619 35,258 90,265 26,944 2,244,952 31,373 1,621,134 55,733 99,902 142,628 294,180 p Preliminary r Revised 1. Percent change from preceding period was calculated from unrounded data. N o te . The personal income level shown for the United States is derived as the sum of the state estimates. It differs from 2010:111 0.7 0.4 0.0 0.9 0.6 0.3 0.5 0.7 0.4 0.8 0.7 0.8 0.4 0.0 0.7 0.8 0.8 0.9 0.6 0.8 1.0 1.2 1.4 1.2 1.2 0.9 1.5 1.2 1.8 0.7 0.8 1.0 0.5 0.8 0.7 0.8 0.7 0.8 0.8 0.6 0.8 0.8 1.0 0.7 1.0 1.0 1.0 0.7 0.8 1.0 0.5 0.5 0.9 0.5 0.3 0.5 0.8 0.1 0.8 0.8 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. Source: Table 2 in the “Regional Quarterly Report” in the January 2011 S urvey of C urrent B usiness February 2011 S urvey of D-75 C u r r e n t B u s in e s s Table I.2. Annual Personal Income and Per Capita Personal Income by State and Region Personal income Area Per capita personal income Percent change1 Millions of dollars Rank in United States Dollars 2004r 2005r 2006r 2007r 2008r 2009r United S tates............................ 9,928,790 10,476,669 11,256,516 11,899,853 12,379,745 12,165,474 -1.7 33,881 35,424 37,698 39,458 40,673 39,626 New England C onnecticut.............................................. Maine ... M assachusetts........................................ New Hampshire....................................... Rhode Island............................................ Vermont..................................................... 580,159 161,428 41,164 271,086 48,661 37,585 20,234 602,449 168,804 41,982 282,367 50,028 38,570 20,697 649,981 184,049 44,307 304,855 53,765 40,664 22,341 689,339 197,144 46,358 323,189 56,368 42,695 23,585 708,598 200,536 48,200 333,906 57,617 43,971 24,368 693,331 193,726 48,090 327,324 56,408 43,522 24,261 -2.2 -3.4 -0.2 -2.0 -2.1 -1.0 -0.4 40,809 46,459 31,465 42,021 37,641 35,079 32,733 42,345 48,543 32,007 43,757 38,441 36,217 33,446 45,585 52,809 33,695 47,144 40,982 38,355 36,035 48,212 56,510 35,191 49,727 42,789 40,468 38,012 49,336 57,248 36,524 51,028 43,587 41,738 39,236 48,049 55,063 36,479 49,643 42,585 41,324 39,021 Mideast .................................................. Delaware District of Columbia................................. Maryland New Jersey............................................... New York.................................................. Pennsylvania............................................ 1,808,114 29,522 29,729 224,646 365,260 741,167 417,790 1,898,598 31,077 31,965 237,146 379,650 786,512 432,248 2,046,137 33,350 34,787 252,431 411,429 851,437 462,704 2,178,662 34,680 37,518 264,375 436,064 916,512 489,512 2,241,359 35,755 40,350 273,934 446,884 936,528 507,908 2,200,855 35,360 40,785 275,143 435,466 907,886 506,215 -1.8 -1.1 1.1 0.4 -2.6 -3.1 -0.3 38,269 35,713 51,274 40,530 42,415 38,407 33,724 40,076 37,001 54,918 42,480 44,034 40,687 34,808 43,076 39,096 59,569 44,979 47,709 43,987 37,102 45,706 40,098 63,979 46,923 50,494 47,188 39,090 46,868 40,806 68,381 48,410 51,583 48,107 40,418 45,815 39,949 68,013 48,275 50,009 46,459 40,161 4 2 6 18 Great Lakes................................................. Illinois ... Indiana.... Michigan. Ohio ... Wisconsin................................................. 1,506,978 455,291 190,283 319,434 361,666 180,303 1,551,823 472,073 195,526 325,749 371,931 186,545 1,635,232 504,493 206,868 334,858 390,457 198,556 1,703,198 533,248 214,257 344,010 405,302 206,380 1,760,413 554,223 223,204 353,296 416,311 213,379 1,723,393 540,995 217,819 342,302 410,799 211,478 -2.1 -2.4 -2.4 -3.1 -1.3 -0.9 32,814 36,005 30,619 31,661 31,546 32,715 33,710 37,246 31,268 32,283 32,412 33,664 35,420 39,668 32,827 33,212 33,975 35,637 36,787 41,727 33,762 34,227 35,180 36,843 37,949 43,154 34,939 35,321 36,113 37,916 37,062 41,904 33,912 34,334 35,590 37,398 13 40 37 34 29 Plains............................................................ Iowa........................................................... Kansas...................................................... Minnesota................................................. Missouri..................................................... Nebraska................................................... North Dakota............................................ South Dakota............................................ 651,446 93,316 87,177 188,330 180,547 57,905 19,293 24,879 673,520 95,467 90,876 193,990 186,753 60,064 20,542 25,829 714,501 100,573 98,577 205,857 198,727 62,810 21,375 26,582 757,558 107,412 104,894 216,678 208,201 67,533 23,613 29,228 801,534 114,436 112,271 226,159 218,993 71,485 26,615 31,576 787,406 113,166 110,673 220,438 215,181 70,565 26,344 31,040 -1.8 -1.1 -1.4 -2.5 -1.7 -1.3 -1.0 -1.7 33,131 31,726 31,924 37,078 31,353 33,237 30,320 32,132 34,065 32,368 33,145 37,988 32,162 34,289 32,331 33,110 35,876 33,927 35,772 39,985 33,903 35,679 33,568 33,711 37,764 36,060 37,792 41,739 35,230 38,156 36,999 36,671 39,668 38,222 40,134 43,238 36,766 40,116 41,493 39,248 38,719 37,623 39,263 41,859 35,938 39,277 40,727 38,208 27 21 14 32 20 17 25 Southeast..................................................... Alabama.................................................... Arkansas.................................................. Florida....................................................... Georgia...................................................... Kentucky.................................................... Louisiana.................................................. Mississippi................................................ North Carolina.......................................... South Carolina.......................................... Tennessee................................................ V irginia... West V irginia............................................ 2,249,054 128,020 73,720 582,766 272,953 113,984 125,957 72,579 260,698 117,248 179,012 275,618 46,500 2,403,753 135,636 77,475 633,193 292,544 119,151 135,318 77,748 277,743 124,392 187,679 294,734 48,139 2,580,723 144,463 82,918 690,268 311,855 126,719 143,223 81,098 297,596 134,197 200,227 316,298 51,862 2,727,083 151,866 89,524 720,451 330,426 132,646 156,432 86,381 316,654 142,050 211,104 335,503 54,045 2,832,556 158,568 93,762 737,950 341,530 138,791 169,541 90,354 328,578 148,370 219,025 348,894 57,193 2,798,462 157,085 93,685 720,949 333,996 139,370 168,544 89,818 325,695 147,502 215,612 347,850 58,355 -1.2 -0.9 -0.1 -2.3 -2.2 0.4 -0.6 -0.6 -0.9 -0.6 -1.6 -0.3 2.0 30,812 28,372 26,845 33,540 30,622 27,479 28,057 25,149 30,558 27,908 30,255 36,902 25,786 32,452 29,843 27,907 35,605 32,157 28,489 30,086 26,808 32,037 29,226 31,302 38,966 26,685 34,438 31,421 29,455 38,161 33,425 30,033 33,776 27,992 33,562 30,925 32,881 41,362 28,697 35,865 32,744 31,498 39,417 34,659 31,165 35,747 29,565 34,935 32,107 34,199 43,460 29,839 36,811 33,900 32,695 40,054 35,217 32,368 38,086 30,730 35,533 32,947 35,098 44,756 31,513 36,033 33,360 32,423 38,890 33,980 32,306 37,520 30,426 34,719 32,338 34,245 44,129 32,067 41 44 23 39 46 28 50 36 45 38 7 47 Southwest................................................... Arizona...................................................... New Mexico.............................................. Oklahoma................................................. Texas 1,019,582 170,026 51,579 101,182 696,796 1,107,818 188,152 55,342 107,640 756,683 1,209,262 206,958 59,274 118,749 824,281 1,289,169 218,520 63,044 124,725 882,881 1,392,932 224,230 66,724 134,528 967,449 1,373,422 219,269 66,745 132,144 955,264 -1.4 -2.2 0.0 -1.8 -1.3 30,359 29,521 27,264 28,790 31,082 32,368 31,491 28,876 30,469 33,185 34,473 33,423 30,513 33,223 35,272 36,030 34,346 32,022 34,529 37,037 38,231 34,500 33,584 36,917 39,806 37,045 33,244 33,212 35,840 38,546 42 43 33 24 Rocky Mountain.......................................... Colorado. Idaho M ontana.................................................... Utah....... Wyoming 318,318 168,587 39,544 26,495 65,453 18,239 341,570 179,695 42,197 28,179 71,530 19,969 372,380 194,390 46,253 30,447 78,378 22,912 396,025 205,153 49,117 32,447 85,116 24,192 415,078 214,727 50,376 34,111 88,901 26,963 407,342 210,228 48,944 33,923 88,025 26,222 -1.9 -2.1 -2.8 -0.5 -1.0 -2.7 Far West . .. Alaska , California.................................................. Hawaii .. Nevada... O regon... W ashington.............................................. 1,795,140 23,070 1,312,227 42,285 82,161 112,974 222,422 1,897,138 24,617 1,387,661 45,332 91,837 117,634 230,057 2,048,299 26,304 1,495,533 49,124 97,844 127,403 252,091 2,158,818 28,131 1,568,257 52,516 103,708 133,663 272,544 2,227,276 30,550 1,610,932 54,612 104,829 139,205 287,148 2,181,263 30,180 1,572,650 54,495 99,621 138,203 286,114 -2.1 -1.2 -2.4 -0.2 -5.0 -0.7 -0.4 32,286 36,652 28,414 28,616 26,837 36,261 36,222 34,872 36,903 33,753 35,282 31,614 35,966 34,064 38,555 29,594 30,144 28,616 39,446 37,928 36,770 38,767 35,804 38,125 32,515 36,743 36,293 40,898 31,585 32,177 30,335 44,676 40,580 38,835 41,567 38,510 39,241 34,644 39,561 37,767 42,367 32,761 33,897 31,953 46,220 42,371 41,230 43,291 41,130 40,389 35,806 42,157 38,825 43,509 32,979 35,237 32,596 50,588 43,231 44,395 44,038 42,418 40,076 36,798 43,732 37,459 41,839 31,662 34,794 31,612 48,178 41,876 43,209 42,548 42,075 37,691 36,125 42,933 2009 2004r 2005' 2006r 2007r 2008r 2009r r Revised the estimate of personal income in the national income and product accounts because of differences in coverage, in the 1. Percent change from preceding period was calculated from unrounded data. methodologies used to prepare the estimates, and in the timing of the availability of source data. N o te . The personal income level shown for the United States is derived as the sum of the state estimates. It differs from Source: Table 2 in the “Regional Quarterly Report” in the October 2010 S urvey o f C urrent B usiness 2009 1 30 3 10 16 22 19 15 48 35 49 5 8 11 12 26 31 9 D-76 Regional Data February 2011 Table I.3. Disposable Personal Income and Per Capita Disposable Personal Income by State and Region Disposable personal income Per capita disposable personal incom e1 Percent change2 Millions of dollars Area Rank in United States Dollars 2004r 2005r 2006r 2007r 2008r 2009r United States....................... 8,882,065 9,269,389 9,905,432 10,412,579 10,942,849 11,026,561 0.8 New England.............................................. Connecticut............................................. Maine........................................................ M assachusetts........................................ New Hampshire....................................... Rhode Island........................................... Vermont.................................................... 506,349 519,148 558,095 584,790 610,558 615,156 137,811 37,226 235,219 44,222 33,557 18,314 141,491 37,611 242,288 45,018 34,229 18,511 153,813 39,596 260,656 48,178 35,953 19,899 162,490 41,317 272,286 50,211 37,597 20,889 168,561 43,051 286,404 51,723 39,116 21,704 168,164 43,977 289,355 51,823 39,638 22,198 Mideast........................................................ Delaware.................................................. District of Columbia................................ M aryland.................................................. New Jersey.............................................. New Y ork................................................. Pennsylvania........................................... 1,580,391 1,640,209 1,755,189 1,849,420 1,923,431 1,945,128 26,085 25,956 196,375 320,707 637,253 374,015 27,089 27,635 205,361 328,725 668,814 382,585 29,108 30,114 217,700 355,529 714,843 407,895 30,220 32,169 226,522 372,131 760,015 428,362 31,494 35,241 237,638 385,960 785,809 447,289 31,980 36,430 244,517 386,761 788,456 456,985 Great Lakes................................................ Illinois....................................................... Indiana...................................................... Michigan................................................... O hio.......................................................... W isconsin................................................ 1,350,590 1,380,020 1,447,415 1,499,039 1,561,496 1,568,232 0.4 29,409 29,978 407,401 171,679 287,780 322,521 161,209 417,908 175,184 291,861 329,577 165,490 443,565 184,570 299,376 344,743 175,160 465,111 190,000 305,770 356,590 181,568 488,791 199,210 315,874 369,487 188,134 489,471 199,005 313,796 374,504 191,456 0.1 -0.1 -0.7 1.4 1.8 32,218 27,626 28,523 28,132 29,250 32,972 28,016 28,924 28,721 29,864 Plains........................................................... Iowa.......................................................... Kansas..................................................... Minnesota................................................ Missouri.................................................... Nebraska.................................................. North Dakota........................................... South Dakota........................................... 588,699 602,630 635,546 669,529 711,598 715,952 0.6 29,940 30,480 31,912 33,376 35,217 35,206 85,209 79,021 167,008 163,733 52,717 17,814 23,197 86,413 81,470 170,056 167,716 54,246 18,849 23,879 90,432 87,754 179,851 177,581 56,222 19,412 24,293 95,788 92,601 188,205 184,832 60,137 21,313 26,653 102,362 99,763 197,422 195,038 64,087 23,976 28,950 103,425 100,670 197,921 196,279 64,568 24,118 28,971 1.0 0.9 0.3 0.6 0.8 0.6 0.1 28,969 28,937 32,880 28,434 30,259 27,996 29,959 29,298 29,714 33,302 28,884 30,967 29,667 30,611 30,506 31,845 34,934 30,296 31,936 30,484 30,809 32,157 33,363 36,254 31,275 33,977 33,396 33,440 34,189 35,663 37,744 32,745 35,965 37,379 35,983 34,385 35,714 37,583 32,781 35,939 37,286 35,662 Southeast.................................................... Alabama................................................... Arkansas ................................................. Florida...................................................... Georgia..................................................... Kentucky.................................................. Louisiana.................................................. Mississippi............................................... North Carolina......................................... South Carolina......................................... Tennessee............................................... V irginia..................................................... West V irginia........................................... 2,036,424 2,154,295 2,302,607 2,427,930 2,547,376 2,570,940 0.9 27,899 29,084 30,727 31,930 33,105 33,103 116,963 67,478 527,637 245,210 102,792 115,856 67,386 234,606 106,761 165,821 243,235 42,681 122,857 70,359 564,208 260,665 106,698 123,943 71,910 247,481 112,228 172,735 257,467 43,743 129,861 75,136 614,903 275,989 113,474 129,587 74,603 263,532 120,475 182,823 275,159 47,064 136,218 80,677 641,860 291,841 118,192 141,822 79,338 278,554 127,054 192,290 291,283 48,802 143,389 84,740 669,467 306,044 123,939 152,174 83,038 292,043 134,258 201,570 305,358 51,356 144,832 86,281 667,940 305,653 127,380 153,848 83,798 296,762 136,382 202,333 312,200 53,530 1.0 1.8 -0.2 -0.1 2.8 1.1 0.9 1.6 1.6 0.4 2.2 4.2 25,921 24,572 30,367 27,509 24,781 25,807 23,349 27,500 25,411 28,026 32,566 23,668 27,031 25,344 31,726 28,653 25,512 27,557 24,795 28,546 26,368 28,810 34,039 24,249 28,245 26,690 33,994 29,581 26,894 30,561 25,751 29,721 27,763 30,023 35,983 26,042 29,371 28,385 35,117 30,611 27,769 32,408 27,155 30,732 28,718 31,151 37,732 26,945 30,655 29,549 36,337 31,558 28,904 34,185 28,242 31,582 29,813 32,301 39,171 28,297 30,758 29,861 36,031 31,096 29,526 34,249 28,387 31,635 29,900 32,135 39,606 29,416 Southwest.................................................. Arizona..................................................... New Mexico............................................. Oklahoma................................................ Texas........................................................ 934,596 1,003,510 1,087,780 1,157,247 1,256,600 1,265,053 0.7 27,829 29,320 31,010 32,343 34,489 34,122 153,935 47,262 92,139 641,261 168,244 50,294 96,921 688,051 184,234 53,451 106,223 743,873 194,606 56,690 111,105 794,846 202,853 60,694 120,558 872,495 203,194 61,739 121,048 879,072 0.2 1.7 0.4 0.8 26,727 24,982 26,217 28,604 28,159 26,242 27,435 30,175 29,753 27,515 29,718 31,832 30,588 28,795 30,758 33,344 31,211 30,549 33,084 35,899 30,807 30,721 32,831 35,472 Rocky Mountain......................................... Colorado................................................... Idaho ........................................................ Montana Utah.......................................................... Wyoming 287,207 304,303 328,862 347,397 368,703 370,843 0.6 29,131 30,347 32,052 170,853 41,189 27,299 69,370 20,151 178,786 43,694 28,826 74,959 21,132 189,582 45,294 30,502 79,335 23,990 190,432 45,093 31,057 80,352 23,909 0.4 -0.4 1.8 1.3 -0.3 32,830 25,921 26,103 24,325 33,060 34,487 34,102 159,214 37,888 25,419 63,876 17,906 33,130 151,009 36,075 24,169 59,326 16,629 34,160 26,572 27,192 25,554 35,371 35,946 28,127 28,850 26,849 39,292 36,922 29,144 30,114 28,140 40,373 38,414 29,652 31,509 29,089 45,010 37,899 29,171 31,853 28,856 43,929 Far West Alaska....................................................... California.................................................. Hawaii....................................................... Nevada..................................................... O regon..................................................... Washington.............................................. 1,597,808 1,665,273 1,789,939 1,877,227 1,963,087 1,975,257 0.6 32,240 33,293 35,462 36,844 38,103 37,921 21,193 1,161,582 37,962 73,552 100,562 202,957 22,477 1,210,243 40,216 81,280 103,084 207,973 23,892 1,298,263 43,547 86,564 111,224 226,448 25,344 1,352,890 46,589 92,004 117,357 243,042 27,546 1,409,889 48,817 94,942 122,033 259,859 27,673 1,415,642 49,937 92,281 125,164 264,559 0.5 0.4 2.3 -2.8 2.6 1.8 32,035 32,667 30,302 31,585 28,141 32,818 33,573 33,810 31,764 33,743 28,493 33,216 35,274 36,084 34,138 34,717 30,244 35,537 37,145 37,346 36,488 35,831 31,438 37,594 40,031 38,542 37,917 36,296 32,258 39,576 39,620 38,300 38,556 34,914 32,717 39,699 r Revised 1. Per capita disposable personal income was computed using midyear population estimates of the Census Bureau. 2. Percent change from preceding period was calculated from unrounded data. N ote. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from 2009 2004' 2005r 2006r 2007r 2008r 2009r 30,309 31,342 33,174 34,527 35,952 0.8 35,617 36,490 39,141 40,900 42,510 42,631 -0.2 2.2 1.0 0.2 1.3 2.3 39,662 28,455 36,461 34,207 31,320 29,627 40,689 28,675 37,546 34,591 32,140 29,914 44,134 30,112 40,309 36,724 33,911 32,096 46,577 31,365 41,895 38,115 35,637 33,666 48,120 32,622 43,769 39,128 37,129 34,947 47,797 33,359 43,884 39,124 37,636 35,703 1.1 33,450 34,622 36,951 38,799 40,220 40,491 1.5 3.4 2.9 0.2 0.3 2.2 31,556 44,767 35,430 37,242 33,022 30,191 32,252 47,478 36,787 38,127 34,598 30,808 34,123 51,567 38,790 41,227 36,930 32,707 34,941 54,857 40,205 43,090 39,130 34,207 35,943 59,723 41,996 44,551 40,365 35,594 36,130 60,751 42,902 44,416 40,348 36,255 31,352 32,378 33,661 33,725 34,877 29,289 29,693 29,997 31,438 36,395 29,940 30,422 30,952 32,414 38,059 31,184 31,580 32,051 33,431 37,913 30,983 31,475 32,445 33,857 2009 35,916 i 30 4 10 15 23 19 5 2 6 18 13 40 38 34 29 27 22 16 32 21 17 24 42 45 20 39 46 28 50 37 44 35 9 47 41 43 31 25 14 48 36 49 3 8 12 11 26 33 7 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. Source: Table 3 in the “Regional Quarterly Report” in the October 2010 Survey of Current Business February 2011 S urvey of D-77 C u r r e n t B u s in e s s Table I.4. Gross Domestic Product (GDP) by State for Industries, 2009 [Millions of dollars] State and region Rank of total GDP by state Total Natural NondurableDurable-goods resources Construction goods manufacturing and mining manufacturing Trade Transportation Information and utilities Financial activities Professional Education Leisure and Other and health Government and services business services hospitality services United S tates.............. 14,150,826 367,725 578,329 846,823 721,766 1,635,558 663,113 633,765 3,057,791 1,723,917 1,188,831 545,600 360,580 1,827,029 New England........................ C onnecticut....................... Maine.................................. Massachusetts.................. New Hampshire................ Rhode Island..................... Verm ont.............................. 23 43 13 41 44 50 776,556 227,405 51,293 365,182 59,400 47,837 25,438 2,766 391 715 952 234 120 354 25,662 6,370 1,970 12,295 1,966 2,109 950 50,060 15,293 2,406 22,703 4,945 2,696 2,017 26,823 10,696 2,923 9,720 1,507 1,174 802 81,537 22,909 6,856 35,721 7,922 4,927 3,201 25,219 7,295 2,130 10,968 2,128 1,560 1,138 31,440 8,254 1,284 17,165 2,136 1,909 692 211,717 74,895 11,077 93,084 14,501 13,015 5,145 107,210 27,575 4,600 60,969 6,876 5,004 2,185 89,544 21,190 6,480 45,776 6,863 5,983 3,253 27,271 6,162 2,226 13,219 2,437 1,850 1,376 18,495 4,861 1,313 8,816 1,668 1,153 686 78,813 21,514 7,311 33,794 6,216 6,338 3,640 M ideast.................................. Delaware........................... 40 M aryland........................... New Jersey........................ New Y ork........................... Pennsylvania..................... 15 7 3 6 2,577,474 60,588 99,129 286,797 482,967 1,093,219 554,774 12,286 279 0 853 824 2,975 7,354 90,715 1,846 1,048 14,143 16,345 36,719 20,614 86,511 1,134 65 7,774 13,015 28,624 35,898 98,155 2,997 148 7,412 25,576 29,862 32,161 270,417 4,452 1 941 29,097 64,296 107,654 62,977 102,129 1,643 1,519 11,431 22,051 38,289 27,196 135,617 1,109 5,399 10,394 21,878 76,566 20,271 682,127 28,416 12,825 66,116 126,482 327,929 120,359 369,365 6,375 23 798 43,355 72,573 150,387 72,877 246,219 4,037 7,212 26,070 40,499 102,901 65,499 91,803 1,513 3,841 10,001 15,440 42,937 18,072 66,422 1,040 6,816 7,719 10,221 25,437 15,189 325,709 5,748 34 515 52,433 53,767 122,939 56,307 Great Lakes.......................... Illinois................................. Indiana................................ Michigan............................ Ohio.................................... Wisconsin.......................... 5 16 12 8 21 1,977,080 630,398 262,647 368,401 471,264 244,370 25,035 7,883 4,643 3,948 4,481 4,081 72,379 25,715 10,184 12,171 15,483 8,826 185,758 38,885 36,055 39,059 46,638 25,121 116,794 29,967 28,808 13,894 26,900 17,226 237,464 75,665 29,457 45,954 58,423 27,965 100,521 32,774 14,793 16,858 24,302 11,794 58,701 22,556 5,892 9,277 13,412 7,565 425,458 152,523 45,632 74,622 97,740 54,941 234,737 89,049 20,140 48,204 55,813 21,531 180,955 52,636 23,026 35,244 46,143 23,906 67,013 22,007 9,538 12,910 14,927 7,631 51,874 16,942 6,846 9,976 11,758 6,353 220,391 63,798 27,633 46,284 55,244 27,432 Plains..................................... Iowa.................................... Kansas............................... Minnesota.......................... Missouri.............................. Nebraska........................... North Dakota..................... South Dakota..................... 30 32 17 22 36 49 46 924,267 142,282 124,921 260,692 239,752 86,439 31,872 38,308 34,340 7,427 5,667 5,664 3,617 5,114 3,663 3,188 35,812 4,964 4,296 10,596 9,678 3,430 1,449 1,398 63,602 11,807 9,905 19,033 14,396 4,433 1,649 2,380 51,707 11,968 6,860 12,524 13,553 4,792 1,094 916 111,841 15,681 15,809 31,109 30,257 9,899 4,408 4,678 49,203 7,178 6,827 10,936 12,702 7,714 2,249 1,597 37,301 4,025 7,070 9,183 12,476 2,606 1,010 932 194,043 36,691 20,664 60,535 42,376 17,375 5,618 10,784 93,611 8,372 12,064 32,116 29,277 7,929 1,876 1,978 82,725 10,515 9,951 25,907 23,019 7,062 2,778 3,493 31,401 4,177 3,736 8,667 10,142 2,319 956 1,404 23,750 3,266 3,261 6,468 6,949 2,108 756 942 114,929 16,212 18,811 27,954 31,310 11,658 4,366 4,619 Southeast.............................. Alabama............................ Arkansas ........................... Florida................................ Georgia............................... Kentucky............................. Louisiana............................ Mississippi......................... North Carolina................... South Carolina................... Tennessee......................... V irginia............................... West Virginia..................... 25 34 4 11 28 24 35 10 27 20 9 39 3,138,723 169,856 101,818 737,038 395,194 156,553 208,377 95,905 398,042 159,647 244,508 408,443 63,344 67,557 4,653 4,910 6,664 3,993 5,882 21,037 2,972 4,137 1,343 1,664 3,564 6,737 141,126 7,508 4,219 39,555 16,482 6,291 11,601 4,911 15,617 7,557 8,088 16,541 2,757 171,511 16,357 7,997 24,017 16,969 13,108 7,319 8,019 27,763 13,566 19,979 13,691 2,726 196,541 10,409 6,635 12,106 23,086 12,266 33,763 8,163 44,609 10,543 14,918 17,162 2,883 385,575 21,791 14,107 99,492 53,576 19,638 22,524 11,923 42,890 20,531 34,273 37,483 7,348 160,695 9,692 6,987 36,738 23,181 10,124 12,954 5,830 14,446 8,110 13,342 15,448 3,842 120,637 3,958 4,037 31,124 25,738 4,188 4,327 2,030 12,341 4,240 8,251 18,997 1,404 600,870 26,595 15,292 177,327 72,670 23,107 26,572 13,388 81,821 27,403 43,686 84,086 8,925 360,696 16,354 8,944 87,925 48,211 13,376 16,989 6,520 40,800 15,181 27,635 74,431 4,331 252,529 13,128 8,318 64,340 29,803 13,954 14,393 7,483 31,123 11,089 25,695 27,071 6,133 128,346 4,986 3,043 42,624 14,367 5,480 8,049 4,354 12,898 6,983 11,059 12,161 2,340 83,193 5,163 2,627 20,720 9,377 3,745 4,664 2,539 9,188 4,534 7,689 11,382 1,565 469,448 29,260 14,702 94,406 57,740 25,394 24,185 17,774 60,409 28,568 28,228 76,426 12,354 Southwest............................. Arizona............................... New Mexico....................... Oklahoma.......................... Texas.................................. 18 37 29 2 1,629,638 256,364 74,801 153,778 1,144,695 128,333 5,982 6,110 23,102 93,140 80,018 14,238 3,861 5,281 56,637 98,654 16,067 2,887 9,037 70,662 87,221 3,797 1,076 8,349 73,998 199,992 33,451 7,593 16,440 142,508 93,878 12,670 3,385 8,824 68,998 60,745 7,055 2,211 4,318 47.161 277,205 61,178 11,930 21,328 182,770 177,733 28,369 9,151 11,904 128,309 113,959 22,369 6,034 10,545 75,011 58,459 11,068 3,015 4,772 39,604 37,737 5,689 2,126 3,444 26,478 215,704 34,430 15,423 26,433 139,418 493,101 252,657 54,005 35,954 112,941 37,544 2,633,987 45,709 1,891,363 66,431 126,503 165,648 338,334 34,097 11,882 3,204 2,830 3,237 12,944 63,311 10,006 37,849 397 4,584 3,690 6,783 24,252 11,527 2,734 2,025 6,074 1,892 108,365 1,988 70,723 4,048 9,501 6,772 15,333 24,044 10,308 3,806 647 8,889 394 166,684 188 107,103 342 3,951 26,144 28,956 16,205 7,316 1,834 1,356 3,825 1,874 128,320 1,348 111,448 906 1,254 4,260 9,103 54,220 26,577 7,187 4,226 13,138 3,091 294,513 2,946 212,592 6,510 12,911 18,465 41,089 23,061 9,778 2,458 2,624 5,409 2,792 108,408 5,306 72,925 3,885 6,687 6,775 12,830 28.162 21,737 1,178 900 3,872 475 161,163 1,104 123,034 1,509 2,380 5,355 27,782 96,043 50,447 9,806 6,347 25,410 4,033 570,328 5,953 421,120 14,875 29,439 32,883 66,059 59,035 36,391 6,201 2,739 12,197 1,505 321,531 2,979 248,604 5,948 12,357 15,782 35,862 34,110 16,921 4,437 3,524 7,764 1,464 188,789 2,666 135,725 4,886 7,007 14,504 24,002 19,969 11,126 1,903 1,749 3,795 1,396 121,337 1,458 77,038 5,680 19,954 5,371 11,836 13,001 6,560 1,291 1,061 3,438 650 66,107 833 48,625 1,742 2,547 4,243 8,117 66,904 32,086 7,967 5,926 15,893 5,033 335,132 8,935 224,576 15,703 13,930 21,406 50,583 Rocky Mountain................... Colorado............................ Idaho .................................. M ontana............................ U tah.................................... Wyoming............................. Far West................................. Alaska................................. California........................... Hawaii................................. Nevada............................... O regon............................... Washington........................ 19 42 48 33 47 45 1 38 31 26 14 N ote. Totals shown for the United States differ from the national income and product account estimates of gross domestic product (GDP) because GDP by state excludes and national GDP includes the compensation of Federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment. Also, GDP by state and national GDP have different revision schedules, Source: This table reflects the GDP by state estimates for 2009 that were released on November 18, 2010. Detailed estimates are available on BEA’s Web site at www.bea.gov. February 2011 D-78 J. Local A rea Table Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2007-2009— Continues Personal income Millions of dollars Area 2007 Metropolitan statistical areas 4 Abilene, TX .......................................................................... Akron, OH............................................................................ Albany, GA........................................................................... Albany-Schenectady-Troy, N Y .......................................... Albuquerque, N M ............................................................... Alexandria, L A .................................................................... Allentown-Bethlehem-Easton, PA-NJ.............................. Altoona, PA.......................................................................... Amarillo, T X ........................................................................ Ames, IA.............................................................................. Anchorage, A K ................................................................... Anderson, IN ...................................................................... Anderson, SC ..................................................................... Ann Arbor, M l..................................................................... Anniston-Oxford, A L .......................................................... Appleton, W l....................................................................... Asheville, N C ...................................................................... Athens-Clarke County, G A ............................................... Atlanta-Sandy Springs-Marietta, G A ............................... Atlantic City-Hammonton, N J ........................................... Auburn-Opelika, A L ............................................................ Augusta-Richmond County, GA-SC................................. Austin-Round Rock-San Marcos, TX............................... Bakersfield-Delano, C A ..................................................... Baltimore-Towson, M D ...................................................... Bangor, ME.......................................................................... Barnstable Town, M A ........................................................ Baton Rouge, LA ................................................................ Battle Creek, M l.................................................................. Bay City, M l......................................................................... Beaumont-Port Arthur, T X ................................................ Bellingham, W A.................................................................. Bend, OR............................................................................. Billings, M T.......................................................................... Binghamton, N Y ................................................................. Birmingham-Hoover, A L .................................................... Bismarck, N D ..................................................................... Blacksbu rg-Christiansbu rg-Radford, VA......................... Bloomington, IN.................................................................. Bloomington-Normal, IL .................................................... Boise City-Nampa, ID........................................................ Boston-Cambridge-Quincy, MA-NH................................. Boulder, CO ......................................................................... Bowling Green, K Y ............................................................ Bremerton-Silverdale, W A................................................ Bridgeport-Stamford-Norwalk, C T ................................... Brownsville-Harlingen, T X ................................................ Brunswick, G A .................................................................... Buffalo-Niagara Falls, N Y .................................................. Burlington, N C .................................................................... Burlington-South Burlington, VT....................................... Canton-Massillon, O H ....................................................... Cape Coral-Fort Myers, FL............................................... Cape Girardeau-Jackson, MO-IL...................................... Carson City, N V .................................................................. Casper, W Y ........................................................................ Cedar Rapids, IA ................................................................ Champaign-Urbana, IL...................................................... Charleston, W V .................................................................. Charleston-North Charleston-Summerville, S C ............ Charlotte-Gastonia-Rock Hill, NC -SC ............................. Charlottesville, V A ............................................................. Chattanooga, TN-GA........... Cheyenne, W Y ...................... Chicago-Joliet-Naperville, IL-IN-WI................................. Chico, C A .............................. Cincinnati-Middletown, OH-KY-IN Clarksville, TN -KY............... Cleveland, TN ....................... Cleveland-Elyria-Mentor, O H............................................ Coeur d’Alene, ID ............................................................... College Station-Bryan, TX ................................................ Colorado Springs, CO Columbia, MO Columbia, SC Columbus, G A -A L............................................................. Columbus, IN Columbus, O H .................................................................... Corpus Christi, TX ............................................................. Corvallis, O R ...................................................................... Crestview-Fort Walton Beach-Destin, F L ....................... See the footnotes at the end of the table. 2008 Per capita personal income1 Percent change from preceding period 2 2009 p 2008 2009 p 11,879,836 10,404,973 12,225,589 10,684,318 12,024,414 10,488,977 2.9 2.7 5,116 26,005 4,533 34,883 28,883 4,988 30,270 3,872 8,012 2,926 16,068 3,891 5,314 13,614 3,515 8,194 13,722 5,477 203,961 10,407 3,594 16,872 59,758 23,023 124,418 4,711 11,081 26,749 4,150 3,218 12,696 6,750 5,566 5,742 8,066 43,734 3,787 4,351 5,342 6,105 21,200 243,740 14,886 3,531 10,001 70,748 7,846 3,595 40,778 4,502 8,258 13,053 24,617 2,895 2,365 3,557 9,425 7,360 10,703 22,102 66,218 8,226 17,653 3,739 423,953 6,856 82,568 8,666 3,293 82,646 4,282 5,568 22,729 5,690 24,932 10,150 2,742 67,204 13,982 3,013 7,321 5,343 26,523 4,746 36,327 29,982 5,218 31,012 3,993 8,463 3,052 17,267 4,026 5,534 13,483 3,652 8,417 14,038 5,700 206,463 10,780 3,693 17,672 61,800 23,952 128,213 4,948 11,341 28,326 4,317 3,332 13,403 7,010 5,635 5,900 8,415 44,798 3,947 4,470 5,568 6,435 21,323 250,811 15,040 3,698 10,312 70,754 8,323 3,718 42,317 4,659 8,517 13,393 24,077 2,978 2,374 3,812 9,893 7,778 11,257 22,941 67,612 8,453 18,091 3,915 431,795 7,101 84,330 9,304 3,383 84,009 4,422 5,836 23,581 5,910 25,880 10,646 2,874 68,952 14,725 3,087 7,370 5,285 26,071 4,809 36,291 30,168 5,262 31,015 4,096 8,417 3,074 16,988 4,064 5,462 13,219 3,629 8,234 13,847 5,604 199,747 10,711 3,704 17,898 60,568 24,174 129,061 5,072 11,274 28,577 4,342 3,356 13,342 6,946 5,503 5,873 8,348 43,511 4,072 4,500 5,716 6,510 20,615 246,471 14,412 3,660 10,369 66,437 8,505 3,636 42,155 4,562 8,582 13,206 22,984 3,048 2,303 3,633 9,829 7,883 11,431 22,938 65,234 8,433 17,734 3,934 418,929 7,164 82,897 9,730 3,367 82,288 4,358 5,905 24,077 6,025 25,952 10,837 2,769 68,907 14,457 3,059 7,429 4.4 2.0 4.7 4.1 3.8 4.6 2.5 3.1 5.6 4.3 7.5 3.5 4.1 -1.0 3.9 2.7 2.3 4.1 1.2 3.6 2.8 4.7 3.4 4.0 3.1 5.0 2.3 5.9 4.0 3.6 5.6 3.9 1.2 2.8 4.3 2.4 4.2 2.7 4.2 5.4 0.6 2.9 1.0 4.7 3.1 0.0 6.1 3.4 3.8 3.5 3.1 2.6 -2.2 2.9 0.4 7.2 5.0 5.7 5.2 3.8 2.1 2.8 2.5 4.7 1.8 3.6 2.1 7.4 2.7 1.6 3.3 4.8 3.8 3.9 3.8 4.9 4.8 2.6 5.3 2.5 0.7 Rank in United S tates3 Dollars 2007 2008 2009 p -1.6 -1.8 39,392 41,260 40,166 41,930 39,167 40,757 -1.1 -1.7 1.3 -0.1 0.6 0.8 0.0 2.6 -0.5 0.7 -1.6 0.9 -1.3 -2.0 -0.6 -2.2 -1.4 -1.7 -3.3 -0.6 0.3 1.3 -2.0 0.9 0.7 2.5 -0.6 0.9 0.6 0.7 -0.5 -0.9 -2.4 -0.5 -0.8 -2.9 3.2 0.7 2.7 1.2 -3.3 -1.7 -4.2 -1.0 0.6 -6.1 2.2 -2.2 -0.4 -2.1 0.8 -1.4 -4.5 2.3 -3.0 -4.7 -0.7 1.3 1.6 0.0 -3.5 -0.2 -2.0 0.5 -3.0 0.9 -1.7 4.6 -0.5 -2.0 -1.5 1.2 2.1 1.9 0.3 1.8 -3.7 -0.1 -1.8 -0.9 0.8 32,176 37,120 27,699 40,941 34,604 32,661 37,586 30,736 33,129 34,329 44,521 29,723 29,496 39,142 31,163 37,585 33,935 29,333 38,721 38,553 27,476 31,892 37,477 29,341 46,604 31,705 49,858 34,647 30,361 29,968 33,791 35,004 36,282 38,332 32,870 39,299 36,760 27,602 29,198 37,228 36,160 54,117 50,344 30,327 42,004 79,576 20,502 35,371 36,216 31,083 40,059 31,946 42,062 31,140 42,998 49,526 37,367 32,932 35,277 34,973 40,108 42,731 34,225 43,175 44,854 31,486 38,434 33,053 29,606 39,370 31,976 27,436 37,428 35,097 34,646 35,377 36,714 38,198 33,975 36,937 40,465 33,589 37,893 28,854 42,523 35,415 34,005 38,208 31,709 34,729 35,400 47,205 30,674 30,252 39,107 32,199 38,298 34,323 30,010 38,336 39,835 27,749 33,056 37,362 30,047 47,881 33,149 51,194 36,346 31,652 30,971 35,507 35,592 35,728 38,737 34,367 39,886 37,728 28,196 30,231 38,865 35,615 55,187 50,058 31,180 42,992 79,108 21,387 36,088 37,647 31,501 41,139 32,763 40,898 31,926 42,955 52,185 38,811 34,723 37,111 35,447 39,621 43,344 34,784 44,613 45,377 32,349 39,066 35,545 30,092 40,118 32,279 28,176 38,221 35,998 35,328 37,063 38,068 38,741 35,636 37,755 41,050 33,016 37,247 29,068 42,318 35,165 34,146 38,008 32,478 34,150 35,246 45,355 30,921 29,542 38,032 31,809 37,108 33,554 29,153 36,482 39,421 27,259 33,197 35,522 29,940 47,962 33,947 50,979 36,314 32,018 31,237 35,252 34,657 34,688 37,997 34,116 38,468 38,311 28,197 30,796 38,818 33,997 53,713 47,489 30,348 43,051 73,720 21,456 35,013 37,511 30,338 41,247 32,367 39,160 32,521 41,741 48,759 38,345 34,859 37,577 34,797 37,372 42,857 33,824 44,273 43,727 32,478 38,168 36,233 29,704 39,348 31,265 27,818 38,448 36,241 34,847 37,011 36,400 38,242 34,743 37,030 41,624 Percent change from preceding period 2008 232 121 338 46 169 195 106 248 194 167 31 296 328 105 272 124 216 337 134 74 353 224 155 320 17 206 10 138 261 287 166 182 180 107 198 90 95 345 299 85 204 6 18 312 39 1 365 170 115 313 56 252 79 247 51 16 92 172 113 176 119 42 207 33 36 248 100 141 324 75 285 349 91 140 173 126 136 97 177 125 53 2009 p 2.0 1.6 -2.5 -2.8 4.4 2.1 4.2 3.9 2.3 4.1 1.7 3.2 4.8 3.1 6.0 3.2 2.6 -0.1 3.3 1.9 1.1 2.3 -1.0 3.3 1.0 3.6 -0.3 2.4 2.7 4.6 2.7 4.9 4.3 3.3 5.1 1.7 -1.5 1.1 4.6 1.5 2.6 2.2 3.5 4.4 -1.5 2.0 -0.6 2.8 2.4 -0.6 4.3 2.0 4.0 1.3 2.7 2.6 -2.8 2.5 -0.1 5.4 3.9 5.4 5.2 1.4 -1.2 1.4 1.6 3.3 1.2 2.7 1.6 7.5 1.6 1.9 0.9 2.7 2.1 2.6 2.0 4.8 3.7 1.4 4.9 2.2 1.4 -1.7 -1.7 0.7 -0.5 -0.7 0.4 -0.5 2.4 -1.7 -0.4 -3.9 0.8 -2.3 -2.7 -1.2 -3.1 -2.2 -2.9 -4.8 -1.0 -1.8 0.4 -4.9 -0.4 0.2 2.4 -0.4 -0.1 1.2 0.9 -0.7 -2.6 -2.9 -1.9 -0.7 -3.6 1.5 0.0 1.9 -0.1 -4.5 -2.7 -5.1 -2.7 0.1 -6.8 0.3 -3.0 -0.4 -3.7 0.3 -1.2 -4.2 1.9 -2.8 -6.6 -1.2 0.4 1.3 -1.8 -5.7 -1.1 -2.8 -0.8 -3.6 0.4 -2.3 1.9 -1.3 -1.9 -3.1 -1.3 0.6 0.7 -1.4 -0.1 -4.4 -1.3 -2.5 -1.9 1.4 F eb ru ary 2 0 1 1 S urvey of C u r r e n t B u s in e s s D -7 9 Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2007-2009— Continues Personal income Area Cumberland, MD-WV........................................................ Dallas-Fort Worth-Arlington, TX ...................................... Dalton, GA........................................................................... Danville, IL.......................................................................... Danville, VA........................................................................ Davenport-Moline-Rock Island, IA -IL.............................. Dayton, O h ......................................................................... Decatur, A L ........................................................................ Decatur, IL........................................................................... Deltona-Daytona Beach-Ormond Beach, F L ................. Denver-Aurora-Broomfield, C O ........................................ Des Moines-West Des Moines, IA................................... Detroit-Warren-Livonia, M l............................................... Dothan, A L ......................................................................... Dover, D E ............................................................................ Dubuque, IA ....................................................................... Duluth, MN-WI.................................................................... Durham-Chapel Hill, NC.................................................... Eau Claire, Wl El Centro, C A . Elizabethtown, KY Elkhart-Goshen, IN ........................................................... Elmira, NY El Paso, TX Erie, PA........... Eugene-Springfield, OR Evansville, IN-KY Fairbanks, A K ..................................................................... Fargo, ND-MN Farmington, NM.................................................................. Fayetteville, NC Fayetteville-Springdale-Rogers, A R-M O ........................ Flagstaff, A Z ....................................................................... Flint, Ml Florence, S C .. Florence-Muscle Shoals, A L ............................................ Fond du Lac, Wl Fort Collins-Loveland, C O ................................................ Fort Smith, AR-OK Fort Wayne, IN Fresno, CA Gadsden, AL., Gainesville, FL Gainesville, GA Glens Falls, NY Goldsboro, NC Grand Forks, ND-MN Grand Junction, CO Grand Rapids-Wyoming, M l............................................. Great Falls, MT................................................................... Greeley, CO... Green Bay, Wl Greensboro-High Point, N C ............................................. Greenville, NC Greenville-Mauldin-Easley, SC........................................ Gulfport-Biloxi, MS Hagerstown-Martinsburg, MD-W V.................................. Hanford-Corcoran, CA....................................................... Harrisburg-Carlisle, PA...................................................... Harrisonburg, VA Hartford-West Hartford-East Hartford, CT...................... Hattiesburg, MS Hickory-Lenoir-Morganton, N C ....................................... Hinesville-Fort Stewart, GA.............................................. Holland-Grand Haven, M l................................................. Honolulu, H I....................................................................... Hot Springs, A R ................................................................ Houma-Bayou Cane-Thibodaux, L A ............................... Houston-Sugar Land-Baytown, TX.................................. Huntington-Ashland, WV-KY-OH..................................... Huntsville, A L ..................................................................... Idaho Falls, ID Indianapolis-Carmel, IN..................................................... Iowa City, IA... Ithaca, NY Jackson, M l... Jackson, MS.. Jackson, T N ... Jacksonville, FL.................................................................. Jacksonville, N C ................................................................. Janesville, W l, Jefferson City, MO Johnson City, T N ................................................................ Johnstown, PA Jonesboro, AR.................................................................... Joplin, MO See the footnotes at the end of the table. Millions of dollars 2007 2008 2,848 254,067 3,867 2,327 3,050 13,943 29,308 4,685 4,109 15,895 116,354 22,732 170,963 4,562 4,626 3,133 9,189 19,556 5,130 4,231 3,661 6,615 2,788 19,596 8,689 11,353 12,217 3,537 7,226 3,568 12,828 14,373 4,259 12,529 6,301 4,220 3,538 11,112 8,664 13,870 27,117 2,993 8,732 5,413 4,087 3,416 3,259 4,811 25,596 2,886 6,780 10,917 24,421 5,420 20,704 8,669 8,398 3,893 20,259 3,577 59,198 3,937 10,797 1,830 8,424 39,258 3,190 7,361 248,161 8,286 14,397 3,975 65,586 5,441 3,251 4,649 18,610 3,543 52,267 6,016 5,059 4,768 5,768 4,310 3,357 4,880 3,003 262,549 3,851 2,456 3,165 14,540 29,736 4,884 4,241 15,964 120,044 23,552 172,649 4,718 4,781 3,266 9,520 20,092 5,261 4,512 3,820 6,457 2,942 20,728 9,031 11,680 12,737 3,833 7,801 3,858 13,838 14,818 4,409 12,646 6,528 4,377 3,649 11,378 8,937 14,067 27,994 3,098 8,884 5,578 4,248 3,557 3,487 5,203 26,076 2,997 7,068 11,204 25,038 5,682 21,451 8,427 8,757 3,977 20,875 3,688 60,458 4,094 10,981 1,913 8,612 40,809 3,253 7,910 262,484 8,713 15,197 4,142 67,623 5,716 3,420 4,745 19,368 3,668 52,697 6,758 5,098 4,975 6,007 4,511 3,571 5,120 Per capita personal income1 Percent change from preceding period 2 2009 p 3,134 254,769 3,722 2,507 3,224 14,429 29,514 4,794 4,219 15,610 117,356 23,524 165,311 4,723 4,909 3,232 9,503 20,107 5,240 4,698 4,017 6,051 2,899 21,515 9,038 11,526 12,691 3,833 7,836 3,783 14,745 14,664 4,429 12,562 6,517 4,392 3,501 11,150 8,807 13,864 28,120 3,096 8,895 5,380 4,249 3,628 3,434 4,996 25,661 3,017 6,906 11,048 24,516 5,768 20,962 8,486 8,826 3,923 21,064 3,704 59,402 4,126 10,712 1,986 8,313 41,282 3,221 7,725 255,635 8,931 15,476 4,076 66,850 5,784 3,423 4,690 19,198 3,634 51,533 7,730 4,932 5,027 6,059 4,624 3,529 5,157 2008 5.5 3.3 -0.4 5.5 3.8 4.3 1.5 4.2 3.2 0.4 3.2 3.6 1.0 3.4 3.3 4.2 3.6 2.7 2.6 6.7 4.3 -2.4 5.5 5.8 3.9 2.9 4.3 8.4 8.0 8.1 7.9 3.1 3.5 0.9 3.6 3.7 3.1 2.4 3.2 1.4 3.2 3.5 1.7 3.0 3.9 4.1 7.0 8.1 1.9 3.8 4.2 2.6 2.5 4.8 3.6 -2.8 4.3 2.2 3.0 3.1 2.1 4.0 1.7 4.6 2.2 4.0 2.0 7.5 5.8 5.2 5.6 4.2 3.1 5.1 5.2 2.1 4.1 3.5 0.8 12.3 0.8 4.3 4.1 4.7 6.4 4.9 2009 p 4.3 -3.0 -3.3 2.1 1.9 -0.8 -0.7 -1.8 -0.5 -2.2 -2.2 -0.1 -4.3 0.1 2.7 -1.0 -0.2 0.1 -0.4 4.1 5.2 -6.3 -1.5 3.8 0.1 -1.3 -0.4 0.0 0.4 -1.9 6.6 -1.0 0.5 -0.7 -0.2 0.3 -4.1 -2.0 -1.5 -1.4 0.5 -0.1 0.1 -3.5 0.0 2.0 -1.5 -4.0 -1.6 0.7 -2.3 -1.4 -2.1 1.5 -2.3 0.7 0.8 -1.3 0.9 0.4 -1.7 0.8 -2.5 3.8 -3.5 1.2 -1.0 -2.3 -2.6 2.5 1.8 -1.6 -1.1 1.2 0.1 -1.2 -0.9 -0.9 -2.2 14.4 -3.3 1.0 0.9 2.5 -1.2 0.7 Rank in United S tates3 Dollars 2007 28,601 41,267 28,980 28,758 28,803 37,145 34,908 31,382 37,798 31,869 47,501 41,769 38,362 32,639 30,419 33,960 33,550 40,809 32,594 26,382 32,790 33,344 31,656 26,924 31,054 32,924 34,899 36,105 37,566 29,173 36,544 32,363 33,417 28,863 31,659 29,481 35,601 38,726 29,929 33,858 30,472 28,995 33,963 30,269 31,833 30,150 33,673 34,792 33,038 35,286 27,988 36,278 35,074 31,361 33,558 37,434 32,142 26,369 38,241 30,359 49,900 28,346 29,984 25,496 32,551 43,683 33,055 36,532 44,333 29,099 37,134 33,341 38,633 37,092 32,374 28,576 34,863 31,440 40,171 36,771 31,730 32,826 29,830 29,710 28,870 28,535 2008 30,101 41,667 28,675 30,523 29,789 38,571 35,526 32,483 39,147 32,098 48,010 42,506 39,028 33,357 30,749 35,273 34,595 40,927 33,193 27,666 33,981 32,263 33,469 28,071 32,294 33,522 36,329 38,969 39,812 31,518 39,054 32,537 34,330 29,488 32,603 30,433 36,541 38,848 30,714 34,176 30,997 29,947 34,277 30,195 33,018 31,364 35,855 36,665 33,582 36,533 28,402 37,060 35,405 32,179 34,044 35,683 33,135 26,734 39,106 31,055 50,755 29,036 30,230 27,224 33,009 45,205 33,298 39,019 45,835 30,583 38,259 33,639 39,297 38,273 33,856 29,610 36,054 32,456 40,028 39,932 31,826 33,970 30,682 31,221 30,228 29,663 2009 p 31,420 39,514 27,708 31,311 30,471 38,065 35,344 31,668 38,991 31,479 45,982 41,790 37,541 33,097 31,119 34,722 34,387 40,116 32,745 28,154 35,411 30,180 32,814 28,638 32,244 32,826 36,063 38,856 39,159 30,479 40,917 31,562 34,111 29,623 32,477 30,446 34,984 37,368 30,053 33,462 30,724 29,869 34,122 28,657 32,994 31,877 35,328 34,197 32,983 36,718 27,109 36,248 34,300 32,094 32,773 35,540 33,161 26,371 39,231 30,795 49,667 28,831 29,317 26,681 31,735 45,486 32,705 38,060 43,568 31,269 38,090 32,318 38,339 37,985 33,632 29,343 35,495 31,985 38,801 44,664 30,797 34,093 30,695 32,114 29,378 29,586 Percent change from preceding period 2008 280 72 350 282 307 103 161 274 81 279 24 50 114 228 292 178 187 63 243 346 158 315 241 342 256 240 143 84 80 306 58 276 199 326 250 309 171 120 316 218 302 323 197 341 233 269 164 192 234 133 354 139 189 260 242 154 225 357 77 300 12 340 334 356 273 29 244 104 37 284 102 255 93 108 212 332 156 263 86 32 298 201 303 259 331 327 5.2 1.0 -1.1 6.1 3.4 3.8 1.8 3.5 3.6 0.7 1.1 1.8 1.7 2.2 1.1 3.9 3.1 0.3 1.8 4.9 3.6 -3.2 5.7 4.3 4.0 1.8 4.1 7.9 6.0 8.0 6.9 0.5 2.7 2.2 3.0 3.2 2.6 0.3 2.6 0.9 1.7 3.3 0.9 -0.2 3.7 4.0 6.5 5.4 1.6 3.5 1.5 2.2 0.9 2.6 1.4 -4.7 3.1 1.4 2.3 2.3 1.7 2.4 0.8 6.8 1.4 3.5 0.7 6.8 3.4 5.1 3.0 0.9 1.7 3.2 4.6 3.6 3.4 3.2 -0.4 8.6 0.3 3.5 2.9 5.1 4.7 4.0 2009 p 4.4 -5.2 -3.4 2.6 2.3 -1.3 -0.5 -2.5 -0.4 -1.9 -4.2 -1.7 -3.8 -0.8 1.2 -1.6 -0.6 -2.0 -1.3 1.8 4.2 -6.5 -2.0 2.0 -0.2 -2.1 -0.7 -0.3 -1.6 -3.3 4.8 -3.0 -0.6 0.5 -0.4 0.0 -4.3 -3.8 -2.2 -2.1 -0.9 -0.3 -0.5 -5.1 -0.1 1.6 -1.5 -6.7 -1.8 0.5 -4.6 -2.2 -3.1 -0.3 -3.7 -0.4 0.1 -1.4 0.3 -0.8 -2.1 -0.7 -3.0 -2.0 -3.9 0.6 -1.8 -2.5 -4.9 2.2 -0.4 -3.9 -2.4 -0.8 -0.7 -0.9 -1.6 -1.5 -3.1 11.9 -3.2 0.4 0.0 2.9 -2.8 -0.3 D-80 Regional Data February 2011 Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2007-2009— Continues Per capita personal income' Personal income 2007 Kalamazoo-Portage, M l..................................................... Kankakee-Bradley, IL......................................................... Kansas City, MO-KS.......................................................... Kennewick-Pasco-Richland, W A ..................................... Killeen-Temple-Fort Hood, T X .......................................... Kingsport-Bristol-Bristol, TN-VA...................................... Kingston, NY Knoxville, TN Kokomo, IN.. La Crosse, W I-MN.............................................................. Lafayette, IN Lafayette, LA Lake Charles, LA................................................................ Lake Havasu City-Kingman, A Z ...................................... Lakeland-Winter Haven, FL .............................................. Lancaster, PA..................................................................... Lansing-East Lansing, M l.................................................. Laredo, TX........................................................................... Las Cruces, NM.................................................................. Las Vegas-Paradise, NV.................................................... Lawrence, K S ..................................................................... Lawton, OK.. Lebanon, PA Lewiston, ID-WA................................................................. Lewiston-Auburn, M E ........................................................ Lexington-Fayette, K Y ....................................................... Lima, OH..., Lincoln, N E .......................................................................... Little Rock-North Little Rock-Conway, A R ...................... Logan, UT-ID....................................................................... Longview, T X ...................................................................... Longview, W A..................................................................... Los Angeles-Long Beach-Santa Ana, C A ...................... Louisville-Jefferson County, KY-IN................................... Lubbock, T X ........................................................................ Lynchburg, VA .......................................................... Macon, G A .............. Madera-Chowchilla, CA..................................................... Madison, W l............ Manchester-Nashua, NH................................................... Manhattan, KS......... Mankato-North Mankato, M N ........................................... Mansfield, OH McAllen-Edinburg-Mission, T X ......................................... Medford, O R ........................................................................ Memphis, TN-MS-AR........................................................ Merced, C A ......................................................................... Miami-Fort Lauderdale-Pompano Beach, F L ................. Michigan City-La Porte, IN ............................................... Midland, T X ......................................................................... Milwaukee-Waukesha-West Allis, W l.............................. Minneapolis-St. Paul-Bloomington, M N-W I.................... Missoula, M T ...................................................................... Mobile, A L ........................................................................... Modesto, CA......................... Monroe, LA........................... Monroe, M l........................... Montgomery, A L .................. Morgantown, W V ................. Morristown, T N ..................... Mount Vernon-Anacortes, W A.......................................... Muncie, IN ............................ Muskegon-Norton Shores, M l.......................................... Myrtle Beach-North Myrtle Beach-Conway, S C ............ Napa, CA............................................................................. Naples-Marco Island, FL,,,, Nashville-Davidson-Murfreesboro-Franklin, T N ............ New Haven-Milford, CT New Orleans-Metairie-Kenner, LA................................... New York-Northern New Jersey-Long Island, NY-NJ-PA Niles-Benton Harbor, M l.................................................... North Port-Bradenton-Sarasota, F L ................................ Norwich-New London, C T ................................................ Ocala, FL............................................................................. Ocean City, NJ .......................................................... Odessa, T X ............. Ogden-Clearfield, U T ........................................................ Oklahoma City, OK., Olympia, WA............ Omaha-Council Bluffs, NE-IA........................................... Orlando-Kissimmee-Sanford, FL..................................... Oshkosh-Neenah, W l........................................................ Owensboro, K Y .................................................................. See the footnotes at the end of the table. Percent change from preceding period 2 Millions of dollars Area 10,563 3,396 80,154 7,368 13,102 9,274 6,488 23,316 3,297 4,479 5,702 9,906 6,572 5,005 18,583 17,874 14,869 5,088 5,281 73,444 3,519 3,752 4,477 1,974 3,570 16,512 3,161 10,687 26,042 3,052 6,933 2,933 555,946 46,378 8,426 7,925 7,566 3,808 24,113 18,012 4,292 3,118 3,645 13,320 6,825 49,107 6,802 234,822 3,259 6,252 64,768 150,181 3,679 11,947 15,605 5,356 5,078 12,817 3,771 3,611 4,335 3,271 4,773 7,455 6,820 20,140 60,049 38,551 48,912 1,018,093 5,239 33,611 12,063 9,961 4,310 4,139 16,871 44,274 9,426 34,979 72,381 5,837 3,479 2008 10,919 3,545 82,653 7,837 14,071 9,657 6,694 24,017 3,257 4,645 5,991 10,438 6,908 5,124 18,901 18,303 15,386 5,387 5,611 75,013 3,608 3,959 4,640 2,047 3,727 16,897 3,182 11,027 26,369 3,236 7,371 3,016 568,435 47,484 8,812 8,267 7,879 3,914 24,828 18,358 4,697 3,298 3,717 14,224 6,911 50,094 6,810 236,645 3,399 6,970 66,396 154,282 3,776 12,506 15,977 5,571 5,105 13,209 3,980 3,744 4,497 3,372 4,899 7,604 6,969 19,739 61,893 39,673 48,775 1,041,636 5,398 33,413 12,341 10,216 4,438 4,542 17,416 46,951 9,820 36,098 73,612 6,020 3,691 2009 p 10,770 3,550 81,915 8,201 14,698 9,642 6,619 23,801 3,070 4,677 5,943 10,249 6,632 5,035 18,640 18,071 15,271 5,410 5,832 71,275 3,637 4,161 4,652 2,031 3,766 16,807 3,190 11,024 26,563 3,210 7,209 3,060 551,271 47,208 8,899 8,221 7,886 3,913 24,480 17,916 4,966 3,232 3,651 14,615 6,895 48,929 6,699 229,380 3,320 6,542 65,031 149,594 3,770 12,544 15,886 5,634 4,971 13,181 4,141 3,700 4,438 3,393 4,819 7,482 6,809 18,331 60,548 39,114 47,419 998,777 5,320 31,968 12,296 10,046 4,481 4,326 17,339 46,525 9,938 36,029 71,458 5,917 3,736 2008 3.4 4.4 3.1 6.4 7.4 4.1 3.2 3.0 -1.2 3.7 5.1 5.4 5.1 2.4 1.7 2.4 3.5 5.9 6.3 2.1 2.5 5.5 3.6 3.7 4.4 2.3 0.7 3.2 1.3 6.0 6.3 2.8 2.2 2.4 4.6 4.3 4.1 2.8 3.0 1.9 9.4 5.7 2.0 6.8 1.3 2.0 0.1 0.8 4.3 11.5 2.5 2.7 2.6 4.7 2.4 4.0 0.5 3.1 5.6 3.7 3.7 3.1 2.6 2.0 2.2 -2.0 3.1 2.9 -0.3 2.3 3.0 -0.6 2.3 2.6 3.0 9.7 3.2 6.0 4.2 3.2 1.7 3.1 6.1 2009 p -1.4 0.2 -0.9 4.6 4.5 -0.2 -1.1 -0.9 -5.7 0.7 -0.8 -1.8 -4.0 -1.7 -1.4 -1.3 -0.7 0.4 3.9 -5.0 0.8 5.1 0.3 -0.8 1.1 -0.5 0.3 0.0 0.7 -0.8 -2.2 1.5 -3.0 -0.6 1.0 -0.5 0.1 0.0 -1.4 -2.4 5.7 -2.0 -1.8 2.8 -0.2 -2.3 -1.6 -3.1 -2.3 -6.1 -2.1 -3.0 -0.1 0.3 -0.6 1.1 -2.6 -0.2 4.0 -1.2 -1.3 0.6 -1.6 -1.6 -2.3 -7.1 -2.2 -1.4 -2.8 -4.1 -1.4 -4.3 -0.4 -1.7 1.0 -4.7 -0.4 -0.9 1.2 -0.2 -2.9 -1.7 1.2 Rank in United S tates3 Dollars 2007 32,746 30,393 39,841 32,180 35,255 30,548 35,738 34,180 33,035 34,192 29,795 38,570 34,312 25,557 32,404 35,794 32,643 22,041 26,642 39,945 31,028 32,764 34,926 32,939 33,461 36,250 30,131 36,749 39,074 25,259 34,169 29,170 43,801 37,491 31,306 32,563 32,895 26,225 43,455 44,726 36,244 33,985 28,922 18,979 34,409 38,050 27,981 42,967 29,528 49,590 41,926 46,870 34,758 29,481 30,816 31,031 33,111 35,057 31,977 26,750 37,289 28,368 27,390 29,711 51,684 64,251 39,378 45,697 44,088 53,864 32,767 49,220 45,610 30,836 44,575 32,121 32,610 37,166 39,485 42,185 35,570 36,151 30,986 2008 33,685 31,449 40,396 33,040 37,070 31,697 36,836 34,696 32,752 35,263 30,921 40,182 35,799 26,197 32,572 36,330 33,844 22,831 27,855 39,920 31,443 35,272 35,885 33,973 34,808 36,413 30,351 37,423 39,012 26,023 36,046 29,703 44,519 37,995 32,447 33,662 34,147 26,524 44,172 45,432 38,485 35,619 29,719 19,721 34,506 38,577 27,871 43,013 30,689 53,968 42,824 47,653 35,108 30,567 31,485 32,204 33,397 36,129 33,468 27,415 37,989 29,349 28,062 29,383 52,169 62,559 39,768 46,918 41,740 54,914 33,669 48,713 46,426 31,225 46,001 34,622 32,799 38,882 39,988 43,012 35,717 37,139 32,684 2008 2009 p 32,972 31,359 39,619 33,383 38,757 31,547 36,481 34,038 31,078 35,183 30,268 38,944 34,159 25,841 31,951 35,589 33,666 22,409 28,251 37,457 31,253 36,748 35,643 33,485 35,346 35,696 30,568 36,993 38,750 25,092 34,847 30,008 42,818 37,509 32,166 33,224 34,056 26,326 42,946 44,139 40,345 34,670 29,327 19,720 34,256 37,495 27,306 41,352 29,897 49,441 41,696 45,750 34,712 30,468 31,126 32,365 32,547 35,973 34,412 26,886 37,131 29,455 27,703 28,354 50,569 57,548 38,266 46,125 39,849 52,375 33,151 46,456 46,082 30,577 46,638 32,135 32,017 37,909 39,597 42,412 34,315 36,218 32,878 Percent change from preceding period 235 281 69 219 87 277 135 203 293 168 314 83 193 359 264 152 211 364 344 118 286 132 151 217 160 150 305 127 88 361 173 317 43 116 257 223 202 358 41 34 60 181 333 366 191 117 352 55 322 13 52 25 179 308 291 253 246 146 186 355 122 330 351 343 11 3 96 22 66 9 226 21 23 304 19 258 262 109 70 44 188 142 239 2.9 3.5 1.4 2.7 5.1 3.8 3.1 1.5 -0.9 3.1 3.8 4.2 4.3 2.5 0.5 1.5 3.7 3.6 4.6 -0.1 1.3 7.7 2.7 3.1 4.0 0.4 0.7 1.8 -0.2 3.0 5.5 1.8 1.6 1.3 3.6 3.4 3.8 1.1 1.6 1.6 6.2 4.8 2.8 3.9 0.3 1.4 -0.4 0.1 3.9 8.8 2.1 1.7 1.0 3.7 2.2 3.8 0.9 3.1 4.7 2.5 1.9 3.5 2.5 -1.1 0.9 -2.6 1.0 2.7 -5.3 1.9 2.8 -1.0 1.8 1.3 3.2 7.8 0.6 4.6 1.3 2.0 0.4 2.7 5.5 2009 p -2.1 -0.3 -1.9 1.0 4.6 -0.5 -1.0 -1.9 -5.1 -0.2 -2.1 -3.1 -4.6 -1.4 -1.9 -2.0 -0.5 -1.8 1.4 -6.2 -0.6 4.2 -0.7 -1.4 1.5 -2.0 0.7 -1.1 -0.7 -3.6 -3.3 1.0 -3.8 -1.3 -0.9 -1.3 -0.3 -0.7 -2.8 -2.8 4.8 -2.7 -1.3 0.0 -0.7 -2.8 -2.0 -3.9 -2.6 -8.4 -2.6 ^f.O -1.1 -0.3 -1.1 0.5 -2.5 -0.4 2.8 -1.9 -2.3 0.4 -1.3 -3.5 -3.1 -8.0 -3.8 -1.7 -4.5 -4.6 -1.5 -4.6 -0.7 -2.1 1.4 -7.2 -2.4 -2.5 -1.0 -1.4 -3.9 -2.5 0.6 February 2011 S urvey of D-81 C u r r e n t B u s in e s s Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2007-2009—Continues Personal income Area Oxnard-Thousand Oaks-Ventura, C A ............................ Palm Bay-Melbourne-Titusville, F L ................................. Palm Coast, FL................................................................... Panama City-Lynn Haven-Panama City Beach, FL Parkersburg-Marietta-Vienna, WV-OH........................... Pascagoula, M S ................................................................. Pensacola-Ferry Pass-Brent, F L ..................................... Peoria, IL ............................................................................. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ,, Phoenix-Mesa-Glendale, A Z ............................................ Pine Bluff, AR Pittsburgh, PA Pittsfield, M A . Pocatello, ID.. Portland-South Portland-Biddefora, M E......................... Portland-Vancouver-Hillsboro, OR-WA........................... Port St. Lucie, FL................................................................ Poughkeepsie-Newburgh-Middletown, N Y ..................... Prescott, A Z ....................................................................... Providence-New Bedford-Fall River, RI-M A................... Provo-Orem, UT Pueblo, CO .. Punta Gorda, FL................................................................. Racine, Wl ... Raleigh-Cary, NC Rapid City, S D .................................................................... Reading, PA......................................................................... Redding, CA....................................................................... Reno-Sparks, N V ............................................................... Richmond, VA..................................................................... Riverside-San Bernardino-Ontario, C A .......................... Roanoke, V A ...................................................................... Rochester, M N ................................................................... Rochester, N Y .................................................................... Rockford, iL,.. Rocky Mount, NC Rome, GA , Sacramento-Arden-Arcade-Roseville, C A ...................... Saginaw-Saginaw Township North, M l........................... St. Cloud, MN St. George, UT St. Joseph, M O -KS ........................................................... St. Louis, M O-IL................................................................. Salem, OR.... ............................... Salinas, C A ... ............................... Salisbury, MD ............................... Salt Lake City, UT ............................... San Angelo, TX ............................... San Antonio-New Braunfels, TX ...................................... San Diego-Carlsbad-San Marcos, C A ........................... Sandusky, O H .................................................................... San Francisco-Oakland-Fremont, C A ............................ San Jose-Sunnyvale-Santa Clara, C A ........................... San Luis Obispo-Paso Robles, CA.................................. Santa Barbara-Santa Maria-Goleta, CA......................... Santa Cruz-Watsonville, C A ............................................. Santa Fe, N M ..................................................................... Santa Rosa-Petaluma, C A ............................................... Savannah, G A .................................................................... Scranton-Wilkes-Barre, PA............................................... Seattle-Tacoma-Bellevue, W A......................................... Sebastian-Vero Beach, F L ............................................... Sheboygan, Wl Sherman-Demson, T X ...................................................... Shreveport-Bossier City, L A ............................................. Sioux City, IA-NE-SD......................................................... Sioux Falls, SD South Bend-Mishawaka, IN-MI........................................ Spartanburg, SC Spokane, WA Springfield, IL Springfield, MA Springfield, MO Springfield, OH State College, PA Ste ubenvi Ile-Wei rton, OH-WV.......................................... Stockton, C A ...................................................................... See the footnotes at the end of the table. Millions of dollars 2007 2008 37,192 19,501 2,759 5,670 4,875 5,128 14,700 14,598 265,838 153,131 2,803 95,780 5,462 2,480 20,733 85,339 16,128 26,126 6,345 63,409 12,369 4,518 5,567 7,255 41,897 4,414 14,306 6,144 19,464 50,735 122,811 11,186 7,524 39,852 11,395 4,486 2,949 84,193 5,894 6,061 3,473 3,759 112,948 11,986 17,019 3,768 41,551 3,495 68,213 136,616 2,770 263,201 105,576 10,565 19,089 12,924 6,335 22,116 12,473 18,807 164,759 7,714 4,365 3,509 13,176 4,641 8,887 10,844 8,305 15,133 7,855 25,367 13,005 4,406 4,675 3,596 20,635 37,185 19,863 2,879 5,808 5,082 5,194 15,107 15,199 272,829 155,014 2,907 99,172 5,602 2,554 21,427 88,022 16,099 26,961 6,450 65,391 12,853 4,768 5,574 7,406 43,182 4,622 14,675 6,233 19,553 51,918 125,379 11,576 7,741 41,132 11,646 4,635 3,065 86,397 6,054 6,340 3,512 3,957 117,886 12,504 17,385 3,915 42,505 3,675 70,947 140,847 2,840 266,680 105,979 10,774 19,358 12,935 6,531 22,274 13,109 19,445 169,798 7,669 4,436 3,625 13,884 4,980 9,290 11,130 8,619 15,727 8,219 26,485 13,421 4,518 4,852 3,796 21,097 Per capita personal income1 Percent change from preceding period 2 2009 p 36,651 19,734 2,832 5,859 5,130 5,227 15,290 14,872 271,943 149,611 2,937 99,418 5,590 2,537 21,434 86,822 15,527 26,598 6,228 65,291 12,684 4,867 5,417 7,220 42,611 4,632 14,645 6,243 18,442 51,065 124,004 11,465 7,808 40,586 11,289 4,585 3,035 85,596 6,074 6,376 3,425 4,036 114,127 12,611 17,382 3,952 41,805 3,659 71,489 139,345 2,801 257,761 101,926 10,654 18,976 12,612 6,344 21,465 13,103 19,747 166,902 7,201 4,319 3,598 13,895 4,924 9,278 10,837 8,460 15,846 8,350 26,779 13,448 4,563 4,932 3,743 21,032 2008 0.0 1.9 4.3 2.4 4.3 1.3 2.8 4.1 2.6 1.2 3.7 3.5 2.6 3.0 3.3 3.1 -0.2 3.2 1.7 3.1 3.9 5.5 0.1 2.1 3.1 4.7 2.6 1.4 0.5 2.3 2.1 3.5 2.9 3.2 2.2 3.3 3.9 2.6 2.7 4.6 1.1 5.3 4.4 4.3 2.2 3.9 2.3 5.1 4.0 3.1 2.5 1.3 0.4 2.0 1.4 0.1 3.1 0.7 5.1 3.4 3.1 -0.6 1.6 3.3 5.4 7.3 4.5 2.6 3.8 3.9 4.6 4.4 3.2 2.5 3.8 5.6 2.2 2009 p -1 .4 -0.6 -1.6 0.9 0.9 0.7 1.2 -2.1 -0.3 -3.5 1.0 0.2 -0.2 -0.7 0.0 -1.4 -3.6 -1.3 -3.4 -0.2 -1.3 2.1 -2.8 -2.5 -1.3 0.2 -0.2 0.2 -5.7 -1.6 -1.1 -1.0 0.9 -1.3 -3.1 -1.1 -1.0 -0.9 0.3 0.6 -2.5 2.0 -3.2 0.9 0.0 0.9 -1.6 -0.4 0.8 -1.1 -1.4 -3.3 -3.8 -1.1 -2.0 -2.5 -2.9 -3.6 0.0 1.6 -1.7 -6.1 -2.6 -0.7 0.1 -1.1 -0.1 -2.6 -1.8 0.8 1.6 1.1 0.2 1.0 1.6 -1.4 -0.3 Rank in United States3 Dollars 2007 47,098 36,491 31,324 34,723 30,291 33,516 32,643 39,345 44,961 36,673 27,519 40,634 41,941 28,226 40,353 39,443 40,389 39,109 29,930 39,643 23,675 29,270 35,408 36,346 40,059 36,603 35,545 34,260 47,401 41,844 30,332 37,667 41,624 38,635 32,486 30,828 31,003 40,572 29,177 32,571 26,252 29,896 40,247 31,126 42,322 31,516 38,030 32,291 34,368 45,911 35,807 62,634 59,365 40,372 47,664 51,669 44,186 47,929 37,853 34,244 49,816 58,074 38,247 29,687 33,988 32,693 38,985 34,215 30,012 33,172 38,063 36,514 30,966 31,432 32,444 29,400 31,018 2008 46,787 37,035 31,741 35,459 31,580 33,613 33,338 40,787 45,927 36,156 28,698 42,104 43,237 28,702 41,522 39,942 39,777 40,119 30,011 40,887 23,814 30,564 35,337 37,012 39,602 37,669 36,256 34,527 46,929 42,309 30,634 38,727 42,208 39,812 32,955 31,631 32,032 41,119 30,143 33,782 25,886 31,392 41,823 32,016 42,857 32,628 38,237 33,666 34,937 46,649 36,717 62,598 58,531 40,635 47,957 51,140 44,927 47,755 39,183 35,399 50,586 57,107 38,755 30,516 35,657 34,885 39,786 34,986 30,506 34,011 39,646 38,006 31,496 32,314 33,336 31,194 31,547 2009 p 45,643 36,793 30,912 35,560 31,879 33,594 33,596 39,568 45,565 34,282 29,170 42,216 43,240 28,102 41,473 38,728 38,216 39,282 28,877 40,790 22,832 30,959 34,516 35,992 37,849 37,129 35,971 34,473 43,986 41,242 29,930 38,166 42,066 39,192 31,915 31,276 31,535 40,236 30,363 33,706 24,912 31,869 40,342 31,837 42,356 32,881 36,986 33,229 34,500 45,630 36,389 59,696 55,404 39,905 46,619 49,222 43,002 45,467 38,190 35,940 48,976 53,277 37,705 29,979 35,491 34,110 38,964 34,127 29,494 33,810 40,109 38,316 31,208 32,673 33,730 30,951 31,166 Percent change from preceding period 2008 26 129 297 153 268 214 213 71 28 190 336 48 38 347 54 89 98 76 339 59 363 294 183 145 110 123 147 185 35 57 321 101 49 78 266 283 278 62 311 210 362 270 61 271 45 238 128 222 184 27 137 2 5 65 20 14 40 30 99 148 15 8 112 319 157 200 82 196 329 208 64 94 288 245 209 295 289 -0.7 1.5 1.3 2.1 4.3 0.3 2.1 3.7 2.1 -1.4 4.3 3.6 3.1 1.7 2.9 1.3 -1.5 2.6 0.3 3.1 0.6 4.4 -0.2 1.8 -1.1 2.9 2.0 0.8 -1.0 1.1 1.0 2.8 1.4 3.0 1.4 2.6 3.3 1.3 3.3 3.7 -1.4 5.0 3.9 2.9 1.3 3.5 0.5 4.3 1.7 1.6 2.5 -0.1 -1.4 0.7 0.6 -1.0 1.7 -0.4 3.5 3.4 1.5 -1.7 1.3 2.8 4.9 6.7 2.1 2.3 1.6 2.5 4.2 4.1 1.7 2.8 2.7 6.1 1.7 2009 p -2.4 -0.7 -2.6 0.3 0.9 -0.1 0.8 -3.0 -0.8 -5.2 1.6 0.3 0.0 -2.1 -0.1 -3.0 -3.9 -2.1 -3.8 -0.2 ^1.1 1.3 -2.3 -2.8 -4.4 -1.4 -0.8 -0.2 -6.3 -2.5 -2.3 -1.4 -0.3 -1.6 -3.2 -1.1 -1.6 -2.1 0.7 -0.2 -3.8 1.5 -3.5 -0.6 -1.2 0.8 -3.3 -1.3 -1.3 -2.2 -0.9 -4.6 -5.3 -1.8 -2.8 -3.8 -4.3 -4.8 -2.5 1.5 -3.2 -6.7 -2.7 -1.8 -0.5 -2.2 -2.1 -2.5 -3.3 -0.6 1.2 0.8 -0.9 1.1 1.2 -0.8 -1.2 D-82 Regional Data February 2011 Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2007-2009— Table Ends Personal income Area Sumter, S C .......................................................................... Syracuse, N Y ..................................................................... Tallahassee, F L .................................................................. Tampa-St. Petersburg-Clearwater, F L ............................ Terre Haute, IN ................................................................... Texarkana, TX-Texarkana, A R .......................................... Toledo, OH........................................................................... Topeka, K S ......................................................................... Trenton-Ewing, N J ............................................................. Tucson, A Z .......................................................................... Tulsa, O K...... Tuscaloosa, AL Tyler, T X ....... Utica-Rome, NY Valdosta, G A . Vallejo-Fairfield, C A ........................................................... Victoria, TX......................................................................... Vineland-Millville-Bridgeton, N J ...................................... Virginia Beach-Norfolk-Newport News, VA-NC............. Visalia-Porterville, CA........................................................ Waco, T X ............................................................................. Warner Robins, G A ........................................................... Washington-Arlington-Alexandria, DC-VA-MD-WV....... Waterloo-Cedar Falls, IA ................................................... Wausau, W l......................................................................... Wenatchee-East Wenatchee, W A ................................... Wheeling, W V-OH.............................................................. Wichita, KS.... Wichita Falls, TX Williamsport, PA Wilmington, NC Winchester, VA-WV........................................................... Winston-Salem, NC........................................................... Worcester, M A.................................................................... Yakima, W A ......................................................................... York-Hanover, PA................................................................ Youngstown-Warren-Boardman, OH-PA......................... Yuba City, CA...................................................................... Yuma, A Z ............................................................................. Percent change from preceding period 2 Millions of dollars 2007 2008 2,946 23,069 11,767 101,211 4,842 4,210 22,282 7,884 19,317 33,112 35,796 6,750 6,996 9,275 3,644 15,606 3,902 4,725 63,748 11,757 6,809 4,195 296,134 5,596 4,701 3,352 4,478 22,642 5,050 3,529 11,445 4,041 16,839 33,034 6,726 14,700 17,870 4,824 4,686 3,057 23,852 12,015 102,407 5,035 4,397 22,560 8,176 20,113 34,393 37,540 7,016 7,333 9,656 3,899 16,025 4,091 4,973 65,639 12,083 7,098 4,348 305,595 5,900 4,788 3,545 4,705 23,650 5,301 3,657 11,784 4,168 17,187 34,252 7,202 15,179 18,075 5,043 4,840 Per capita personal income' 2009 p 2008 3,099 23,766 11,977 101,045 5,094 4,386 22,230 8,241 19,601 33,930 36,642 6,942 7,228 9,698 3,967 16,153 3,922 5,099 66,434 11,956 7,172 4,495 309,088 5,937 4,660 3,569 4,760 23,112 5,210 3,733 11,728 4,162 16,891 33,994 7,269 15,159 17,794 5,157 5,022 1. Per capita personal income was computed using Census Bureau midyear population estimates. 2. Percent change calculated from unrounded data. 3. In January 2011, the rank of per capita personal income was corrected from previously published rank ings. 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 December 2009, for federal statistical 2009 p 3.7 3.4 2.1 1.2 4.0 4.4 1.3 3.7 4.1 3.9 4.9 3.9 4.8 4.1 7.0 2.7 4.9 5.3 3.0 2.8 4.3 3.7 3.2 5.4 1.8 5.8 5.1 4.5 5.0 3.6 3.0 3.1 2.1 3.7 7.1 3.3 1.1 4.5 3.3 1.4 -0.4 -0.3 -1.3 1.2 -0.3 -1.5 0.8 -2.5 -1.3 -2.4 -1.1 -1.4 0.4 1.7 0.8 -4.1 2.5 1.2 -1.1 1.0 3.4 1.1 0.6 -2.7 0.7 1.2 -2.3 -1.7 2.1 -0.5 -0.1 -1.7 -0.8 0.9 -0.1 -1.6 2.3 3.8 Rank in United States3 Dollars 2007 28,271 35,797 33,283 37,331 28,482 31,311 32,993 34,487 53,156 33,225 39,524 32,737 35,329 31,614 27,982 38,440 34,392 30,405 38,135 28,248 29,830 31,949 55,737 34,449 36,162 31,330 30,682 38,032 34,065 30,208 33,709 33,362 35,676 41,498 28,955 34,868 31,289 29,559 24,768 2008 29,302 36,980 33,639 37,512 29,652 32,338 33,505 35,581 55,170 34,058 40,981 33,587 36,456 32,975 29,169 39,442 35,809 31,721 39,300 28,610 30,748 32,577 56,824 36,053 36,536 32,737 32,454 39,207 35,910 31,344 33,858 33,994 35,801 42,850 30,661 35,651 31,911 30,562 25,041 2009 p 29,653 36,784 33,268 36,780 29,995 31,900 33,069 35,704 53,523 33,259 39,442 32,926 35,316 33,069 29,211 39,666 33,989 32,326 39,674 27,827 30,731 33,121 56,442 36,002 35,409 32,464 32,911 37,723 35,344 31,950 33,082 33,568 34,832 42,296 30,409 35,340 31,608 31,155 25,496 Percent change from preceding period 2008 325 130 220 131 318 267 230 149 7 221 73 236 165 230 335 68 205 254 67 348 301 227 4 144 159 251 237 111 161 265 229 215 175 47 310 163 275 290 360 2009 p 3.6 3.3 1.1 0.5 4.1 3.3 1.6 3.2 3.8 2.5 3.7 2.6 3.2 4.3 4.2 2.6 4.1 4.3 3.1 1.3 3.1 2.0 2.0 4.7 1.0 4.5 5.8 3.1 5.4 3.8 0.4 1.9 0.4 3.3 5.9 2.2 2.0 3.4 1.1 1.2 -0.5 -1.1 -2.0 1.2 -1.4 -1.3 0.3 -3.0 -2.3 -3.8 -2.0 -3.1 0.3 0.1 0.6 -5.1 1.9 1.0 -2.7 -0.1 1.7 -0.7 -0.1 -3.1 -0.8 1.4 -3.8 -1.6 1.9 -2.3 -1.3 -2.7 -1.3 -0.8 -0.9 -0.9 1.9 1.8 purposes. N ote. The personal income level shown for the United States is derived as the sum of the metropolitan-area estimates and an estimate for the nonmetropolitan portion of the United States. 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. F eb ru ary 20 1 1 S urvey of C u r r e n t B u s in e s s D -8 3 Table J.2. Gross Domestic Product by Metropolitan Area for Industries, 2008*—Continues [M illions of dollars] Metropolitan area U.S. metropolitan portion......................................... Abilene, T X ................................................................. Akron, OH Albany, G A .................................................................. Albany-Schenectady-Troy, N Y ................................. Albuquerque, NM....................................................... Alexandria, L A ........................................................... Allentown-Bethlehem-Easton, PA-NJ..................... Altoona, PA................................................................ Amarillo, T X ............................................................... Ames, IA Anchorage, A K .......................................................... Anderson, IN ............................................................. Anderson, S C ............................................................ Ann Arbor, M l............................................................ Anniston-Oxford, A L ................................................. Appleton, W l.............................................................. Asheville, N C ............................................................. Athens-Clarke County, GA....................................... Atlanta-Sandy Springs-Marietta, G A ...................... Atlantic City-Hammonton, N J .................................. Auburn-Opelika, A L .................................................. Augusta-Richmond County, GA-SC........................ Austin-Round Rock, T X ............................................ Bakersfield, CA .......................................................... Baltimore-Towson, M D ............................................. Bangor, ME Barnstable Town, MA................................................ Baton Rouge, LA ....................................................... Battle Creek, Ml Bay City, Ml Beaumont-Port Arthur, T X ....................................... Bellingham, W A ......................................................... Bend, OR Billings, MT Binghamton, N Y ........................................................ Birmingham-Hoover, A L ........................................... Bismarck, ND............................................................. Blacksburg-Christiansburg-Radford, VA................ Bloomington, IN ......................................................... Bloomington-Normal, IL............................................ Boise City-Nampa, ID............................................... Boston-Cambridge-Quincy, MA-NH........................ Boulder, CO ................................ Bowling Green, K Y ................... Bradenton-Sarasota-Venice, FL Bremerton-Silverdale, WA Bridgeport-Stamford-Norwalk, C T .......................... Brownsville-Harlingen, T X ....................................... Brunswick, G A ........................................................... Buffalo-Niagara Falls, N Y ........................................ Burlington, N C ........................................................... Burlington-South Burlington, VT............................. Canton-Massillon, O H .............................................. Cape Coral-Fort Myers, FL...................................... Cape Girardeau-Jackson, MO-IL............................ Carson City, N V ......................................................... Casper, W Y ................................................................ Cedar Rapids, IA ....................................................... Champaign-Urbana, IL ............................................. Charleston, W V ......................................................... Charleston-North Charleston-Summerville, SC .... Charlotte-Gastonia-Concord, NC-SC..................... Charlottesville, V A .................................................... Chattanooga, TN-GA................................................ Cheyenne, W Y .......................................................... Chicago-Naperville-Joliet, IL-IN-WI........................ Chico, C A ................................................................... Cincinnati-Middletown, OH-KY-IN........................... Clarksville, TN -K Y ..................................................... Cleveland, TN ............................................................ Cleveland-Elyria-Mentor, O H ................................... Coeur d’Alene, ID ...................................................... College Station-Bryan, T X ....................................... Colorado Springs, C O .............................................. Columbia, M O .. Columbia, S C ... Columbus, GA-AL Columbus, IN.... Columbus, OH.. Corpus Christi, TX Corvallis, O R .... Cumberland, MD-W V............................................... Dallas-Fort Worth-Arlington, T X .............................. Dalton, GA.................................................................. Danville, IL.................................................................. Danville, V A ................................................................ Davenport-Moline-Rock Island, IA-IL...................... Dayton, OH................................................................ Decatur, AL................................................................ Decatur, IL .................................................................. Deltona-Daytona Beach-Ormond Beach, FL......... Rank of total GDP by metropolitan area 244 75 279 56 60 265 70 298 173 314 81 344 281 108 312 182 141 228 10 135 334 109 37 77 19 257 193 57 272 356 124 209 230 219 201 49 292 268 240 196 87 9 110 286 88 192 35 204 342 55 290 165 145 94 350 349 221 148 197 129 80 21 185 97 296 3 234 29 174 336 26 300 220 86 233 69 161 303 33 119 313 363 6 243 364 357 117 62 258 262 151 Total 12,724,270 5,594 28,052 4,687 39,258 34,859 5,096 29,715 4,216 9,793 3,832 26,316 3,225 4,642 17,891 3,918 9,323 13,437 6,256 269,799 13,966 3,559 17,823 80,077 27,765 133,012 5,287 8,583 39,161 4,894 2,828 15,255 7,436 6,235 6,688 7,673 54,274 4,404 4,945 5,784 8,286 24,032 299,590 17,813 4,476 23,828 8,626 81,389 7,557 3,297 44,030 4,440 10,274 13,125 21,143 3,030 3,036 6,453 12,510 8,217 14,600 26,317 118,350 8,872 20,781 4,299 520,672 6,067 98,750 9,695 3,530 104,425 4,198 6,464 24,062 6,090 30,080 10,909 4,094 89,829 16,221 3,856 2,483 379,863 5,607 2,313 2,815 16,791 33,778 5,256 5,179 12,394 Natural Durable Nondurable goods goods resources Con struction manu and manu mining facturing facturing 320,681 519,622 774,954 791 294 (D) 184 938 (D) 124 (D) (D) 187 1,580 (D) 1,767 (D) (D) 187 269 (D) 134 1,300 (D) 86 145 249 1,228 (D) (D) 60 117 256 7,496 1,201 88 59 92 (D) 262 25 938 17 363 1,305 27 92 620 657 831 200 741 140 (D) 210 361 (D) 873 (D) (D) 83 755 165 63 158 354 161 915 (D) 3,940 8,275 (D) 604 7,103 1,253 6,765 (D) (D) 83 225 198 46 527 (D) 3,082 939 (D) 21 150 608 76 201 (D) 300 1,650 1,040 303 553 461 27 376 405 661 381 (D) 73 323 921 1,919 2,715 (D) 81 212 244 21 (D) (D) 125 196 (D) 117 254 254 1,244 483 (D) 623 10,272 17,888 313 463 (D) 207 (D) (D) 482 1,679 985 59 378 124 4,651 (D) (D) 232 271 364 37 177 87 229 1,519 3,546 9 217 441 124 (D) (D) 404 535 2,372 103 1,952 378 122 (D) (D) 231 (D) (D) 248 100 (D) 269 576 1,447 134 343 (D) 1,740 (D) (D) 1,371 95 (D) 4,467 393 5,826 283 406 (D) 66 1,585 (D) 176 226 39 1,296 21,504 (D) 330 273 139 249 (D) (D) 223 238 (D) 54 502 (D) 1,054 2,956 (D) 97 305 242 350 (D) (D) 608,956 1,534 378 783 (D) 4,423 (D) (D) (D) (D) (D) (D) (D) (D) 387 (D) 662 102 (D) 548 477 164 1,423 (D) 560 (D) 141 196 (D) 2,072 1,355 (D) 213 (D) (D) 1,039 200 3,363 735 73 (D) 284 (D) (D) (D) 202 (D) 8,096 (D) 433 517 13 4,727 177 248 4,101 550 (D) 1,872 2,865 (D) 341 802 1,470 897 (D) (D) 8,082 (D) 1,728 118 (D) 156 (D) (D) 494 (D) 50 (D) 257 111 104 54 129 (D) 5,503 624 (D) (D) (D) 122 (D) (D) 757 3,306 30,230 1,952 (D) 3,220 881 7,868 1,012 734 96 (D) 30 59 953 (D) 246 1,383 364 112 2,872 1,588 72 103 15,521 89 46 (D) 581 981 280 303 796 (D) (D) 89 (D) (D) 1,449 427 (D) 12,760 3,008 (D) 899 1,026 (D) 528 395 1,812 1,152 648 1,169 1,062 628 33 212 61 38 (D) (D) 720 1,426 330 (D) 384 654 1,724 611 1,313 1,711 702 130 (D) (D) (D) (D) (D) (D) (D) 1,845 102 Trade (D) (D) (D) (D) 1,745 206 (D) (D) (D) (D) (D) (D) (D) (D) (D) 147 271 212 (D) 2,454 290 638 (D) (D) (D) (D) (D) (D) 705 (D) 952 (D) (D) (D) 12,946 (D) (D) 418 (D) 824 (D) (D) (D) (D) 592 (D) 2,390 726 (D) 988 372 (D) (D) 192 286 48,927 821 372 388 2,440 3,607 558 584 1,740 Transpor tation and utilities Infor mation Financial activities Pro fessional and business services 621 329 597,506 2,705,621 1 725,056 499 (D) (D) (D) 622 1,485 3,516 4,643 364 212 375 (D) 1,350 5,739 1,578 (D) 5,914 5,200 (D) (D) 87 474 413 (D) 1,169 3,884 3,973 (D) 103 469 386 293 664 284 995 740 441 74 59 236 3,304 790 2,051 (D) 54 370 177 175 158 35 385 239 2,684 500 2,478 1,360 111 161 215 330 332 1,396 805 301 253 2,132 1,069 570 815 388 (D) (D) 56,492 41,019 18,011 22,498 183 1,024 466 2,173 53 154 501 210 965 350 1,555 2,578 12,197 1,339 4,896 (D) 398 2,550 2,099 1,580 4,157 24,154 20,135 (D) 168 412 683 376 204 2,241 279 856 4,007 4,500 2,086 (D) 424 367 68 213 72 292 (D) (D) 245 722 817 1,759 164 234 1,131 573 261 1,900 565 205 160 485 (D) (D) 205 893 644 481 5,494 4,238 10,839 (D) 119 631 332 443 64 513 379 203 675 468 (D) (D) 251 138 2,840 1,623 4,804 590 3,390 1,208 57,022 8,590 15,630 78,013 1,731 2,437 3,929 249 537 167 528 (D) 620 5,492 521 3,518 142 627 172 1,236 3,583 13,374 3,378 29,659 193 791 385 496 390 152 213 (D) 1,849 1,012 6,991 5,669 71 562 604 122 360 1,020 (D) (D) 1,792 608 235 893 580 1,340 5,500 2,098 100 222 266 (D) 46 617 212 (D) 56 613 244 (D) 711 1,137 2,482 862 271 1,379 623 347 1,437 1,237 (D) (D) 4,437 780 3,158 (D) 43,577 5,874 5,429 13,846 1,034 242 1,578 (D) 1,387 3,823 1,918 (D) 145 597 566 243 123,682 86,372 27,872 (D) 129 1,169 449 304 4,584 17,479 16,055 (D) 702 227 533 (D) 271 36 542 110 2,664 22,927 13,813 (D) 116 926 394 139 178 467 596 (D) 617 1,102 3,364 3,776 140 542 166 968 4,852 2,912 1,909 (D) 1,516 960 248 (D) 44 400 288 166 2,808 20,549 14,460 (D) 309 1,374 (D) (D) 62 140 357 318 67 166 186 (D) 74,393 (D) (D) (D) 239 (D) (D) (D) 114 38 213 163 32 277 176 (D) 367 2,258 (D) (D) 1,491 4,838 2,313 4,035 291 294 213 (D) 76 539 255 589 370 2,711 340 1,053 Education Leisure Other and health and services Government services hospitality 1 045 444 (D) 2,682 501 4,227 2,942 678 3,883 586 (D) 225 1,612 371 305 1,568 268 809 1,779 (D) 16,977 1,186 190 1,495 5,295 1,678 14,498 880 1,066 2,475 498 343 1,168 612 692 824 885 4,810 615 326 545 598 2,111 33,663 1,302 430 2,542 722 5,054 1,255 245 4,369 555 (D) 1,623 1,546 (D) 204 383 982 874 1,344 1,893 5,212 693 1,834 264 39,249 846 8,548 481 410 9,772 361 559 1,777 618 2,248 845 235 (D) 1,451 338 370 (D) (D) 183 285 (D) 3,809 252 500 1,735 480 217 287,801 177 (D) 659 782 141 126 1,022 1,175 1,221 (D) 121 (D) 836 920 127 135 318 (D) 62 108 784 425 97 186 131 172 340 462 96 120 234 256 355 788 153 229 9,155 5,063 262 4,282 154 93 427 (D) 2,179 3,005 666 691 4,614 3,265 133 179 772 280 1,121 (D) 129 134 114 138 362 407 213 309 147 337 159 298 189 278 1,391 (D) 130 158 128 (D) 210 (D) 179 278 451 755 10,042 5,758 413 591 170 (D) 760 1,398 210 270 2,254 1,339 247 350 92 405 1,757 1,010 129 170 213 (D) 395 405 1,279 625 82 123 73 215 134 135 322 269 183 286 324 386 664 1,373 1,669 3,417 286 412 756 (D) 77 147 18,484 (D) 248 225 3,811 (D) 232 (D) 113 109 3,248 2,186 86 282 282 175 657 1,062 234 163 838 (D) 385 (D) 60 88 1,981 2,814 407 610 79 89 78 90 7,108 (D) 96 105 62 55 92 88 365 589 753 935 119 (D) 130 131 476 775 1,502,703 1,198 3,101 989 8,040 6,119 1,008 2,673 530 1,208 1,202 4,114 402 789 4,613 1,103 768 1,687 1,700 25,475 1,796 1,007 4,393 10,949 4,779 24,116 838 1,108 4,938 716 379 1,609 993 599 655 1,435 5,832 680 1,205 1,241 795 2,821 23,763 2,066 576 2,093 3,791 3,805 1,783 810 6,476 386 1,468 1,258 2,782 383 818 392 1,031 2,122 2,038 5,281 7,612 2,384 2,609 1,282 43,777 974 9,072 4,726 332 10,620 607 1,913 6,445 1,886 6,621 3,489 341 11,189 2,765 757 568 27,449 455 417 384 2,040 5,794 534 360 1,597 D-84 Regional Data February 2011 Table J.2. Gross Domestic Product by Metropolitan Area for Industries, 2008*— Continues [Millions of dollars] Metropolitan area Denver-Aurora-Broomfield, CO................................ Des Moines-West Des Moines, IA .......................... Detroit-Warren-Livonia, M l........................................ Dothan, AL.................................................................. Dover, D E ................................................................... Dubuque, IA................................................................ Duluth, MN-W I........................................................... Durham-Chapel Hill, N C ........................................... Eau Claire, W l........................................................... El Centro, CA.............................................................. Elizabethtown, K Y ..................................................... Elkhart-Goshen, IN.................................................... Elmira, N Y .................................................................. El Paso, T X ................................................................. Erie, PA....................................................................... Eugene-Springfield, O R ........................................... Evansville, IN-KY....................................................... Fairbanks, A K ............................................................ Fargo, ND-MN............................................................ Farmington, N M ......................................................... Fayetteville, NC.......................................................... Fayetteville-Springdale-Rogers, AR-MO................ Flagstaff, A Z ............................................................... Flint, M l....................................................................... Florence, SC............................................................... Florence-Muscle Shoals, AL.................................... Fond du Lac, W l........................................................ Fort Collins-Loveland, C O ........................................ Fort Smith, AR-OK..................................................... Fort Walton Beach-Crestview-Destin, F L .............. Fort Wayne, IN........................................................... Fresno, C A.................................................................. Gadsden, AL............................................................... Gainesville, FL........................................................... Gainesville, GA.......................................................... Glens Falls, NY.......................................................... Goldsboro, N C ........................................................... Grand Forks, ND-MN................................................ Grand Junction, C O ................................................... Grand Rapids-Wyoming, M l.................................... Great Falls, M T .......................................................... Greeley, C O ................................................................ Green Bay, W l............................................................ Greensboro-High Point, NC..................................... Greenville, N C ........................................................... Greenville-Mauldin-Easley, S C ................................ Gulfport-Biloxi, MS..................................................... Hagerstown-Martinsburg, MD-WV.......................... Hanford-Corcoran, C A .............................................. Harrisburg-Carlisle, PA............................................. Harrisonburg, V A ....................................................... Hartford-West Hartford-East Hartford, C T ............. Hattiesburg, MS......................................................... Hickory-Lenoir-Morganton, NC................................ Hinesville-Fort Stewart, G A ..................................... Holland-Grand Haven, M l......................................... Honolulu, HI................................................................ Hot Springs, A R ......................................................... Houma-Bayou Cane-Thibodaux, LA....................... Houston-Sugar Land-Baytown, T X ......................... Huntington-Ashland, WV-KY-OH.............................. Huntsville, AL.............................................................. Idaho Falls, ID............................................................ Indianapolis-Carmel, IN ............................................ Iowa City, IA ................................................................ Ithaca, NY................................................................... Jackson, Ml................................................................. Jackson, M S ............................................................... Jackson, TN ................................................................ Jacksonville, F L ......................................................... Jacksonville, N C ........................................................ Janesville, W l.............................................................. Jefferson City, M O ..................................................... Johnson City, T N ....................................................... Johnstown, PA........................................................... Jonesboro, A R ........................................................... Joplin, M O .................................................................. Kalamazoo-Portage, M l............................................ Kankakee-Bradley, IL ................................................ Kansas City, MO-KS.................................................. Kennewick-Pasco-Richland, WA.............................. Killeen-Temple-Fort Hood, T X ................................. Kingsport-Bristol-Bristol, TN-VA.............................. Kingston, NY............................................................... Knoxville, TN............................................................... Kokomo, IN ................................................................. La Crosse, W I-M N..................................................... Lafayette, IN................................................................ Lafayette, LA............................................................... Lake Charles, LA ....................................................... Lake Havasu City-Kingman, A Z............................... Lakeland-Winter Haven, F L ..................................... Rank of total GDP by metropolitan area 17 61 13 291 235 294 171 66 237 304 287 184 359 79 177 157 121 275 167 212 122 112 289 158 218 311 317 160 168 178 116 72 362 176 224 322 329 318 260 64 358 213 131 63 238 84 170 200 306 76 253 40 288 155 346 183 51 361 164 4 180 103 327 31 214 319 274 89 282 46 216 271 242 239 310 323 251 154 348 28 186 130 172 280 71 335 261 211 106 147 333 120 Total 150,810 34,297 200,856 4,423 6,052 4,307 9,869 32,309 5,949 4,080 4,474 9,136 2,798 26,353 9,542 11,427 15,693 4,815 10,094 7,195 15,632 17,505 4,461 11,406 6,763 3,919 3,796 11,036 10,056 9,460 16,794 28,857 2,601 9,597 6,398 3,740 3,641 3,774 5,227 33,125 2,800 7,185 14,409 33,175 5,946 24,829 9,895 7,802 4,025 27,908 5,416 74,548 4,465 11,755 3,129 9,286 48,095 2,602 10,547 403,202 9,408 19,274 3,652 96,382 7,164 3,766 4,860 23,071 4,615 59,711 6,948 4,912 5,656 5,907 3,960 3,736 5,460 11,869 3,094 101,001 8,780 14,552 9,830 4,679 29,613 3,540 5,191 7,371 18,479 12,694 3,575 16,187 Natural resources Con struction and mining (D) 394 619 61 (D) 78 (D) 112 (D) 572 12 76 40 167 59 180 1,024 (D) 312 3,320 67 (D) 40 (D) 45 86 122 226 955 18 126 2,475 21 64 89 74 13 239 705 (D) 35 961 236 210 (D) 86 79 81 (D) 257 (D) 187 128 144 9 264 133 92 2,564 (D) 248 154 125 385 111 118 22 1,528 41 213 37 106 101 12 56 95 159 (D) 73 712 624 (D) 155 62 152 64 (D) 212 (D) 675 (D) 487 6,199 1,309 6,487 211 223 154 420 731 242 107 133 287 120 1,008 279 474 823 278 504 374 396 681 194 378 268 194 248 718 374 343 684 1,314 98 400 358 193 133 160 436 1,256 156 625 586 1,276 234 1,213 463 (D) (D) 936 273 1,988 181 337 39 340 2,558 129 437 20,902 450 474 248 (D) 223 68 133 951 (D) (D) 172 212 261 221 127 136 166 435 138 4,159 466 487 (D) 189 (D) 79 186 211 481 784 267 929 Durable Nondurable goods goods manu manu facturing facturing (D) (D) 23,696 (D) (D) 972 (D) 5,094 645 69 (D) 3,354 542 1,344 1,949 1,217 (D) 14 696 86 334 (D) (D) (D) 807 421 (D) 983 (D) 348 2,525 (D) 173 (D) (D) 368 235 226 165 (D) 14 (D) 935 (D) 397 (D) (D) (D) 44 1,503 168 (D) (D) 2,388 (D) 2,601 307 155 (D) (D) (D) 2,914 97 (D) 191 238 601 (D) 660 (D) 47 764 (D) 769 312 346 652 1,077 241 (D) 154 (D) (D) 241 3,324 1,537 (D) (D) 658 (D) 212 621 (D) (D) 4,914 (D) (D) 206 (D) 5,419 333 128 (D) 850 30 1,736 623 406 (D) 68 228 89 1,048 (D) (D) (D) 846 287 (D) 362 (D) 23 711 (D) 287 (D) (D) 190 679 139 79 (D) 49 (D) 1,752 (D) 860 (D) (D) (D) 531 1,175 1,632 (D) (D) 1,513 109 750 533 72 (D) (D) (D) 407 118 (D) 689 36 179 (D) 395 (D) 39 335 (D) 290 83 301 588 1,200 369 (D) 371 (D) (D) 152 747 60 (D) (D) 331 (D) 66 1,167 Trade 17,713 4,252 26,399 800 621 556 1,021 2,753 (D) 632 382 1,204 388 3,106 1,096 1,392 (D) 346 1,628 594 1,048 (D) 483 1,868 916 680 430 1,221 1,188 695 (D) 3,893 379 980 951 532 445 492 740 (D) 412 1,075 (D) 5,038 611 (D) 1,021 (D) 337 (D) (D) (D) (D) 1,535 (D) 1,030 4,784 408 968 41,573 (D) 2,042 794 (D) 603 287 579 3,177 663 (D) 385 773 (D) 805 571 600 764 (D) 497 (D) 960 1,293 (D) (D) (D) 378 (D) 682 2,016 (D) 606 2,439 Transpor tation and utilities (D) 1,164 10,088 569 232 198 (D) 612 (D) 265 145 371 127 1,457 376 301 (D) 775 484 876 418 (D) 188 (D) 541 156 248 222 708 138 1,273 1,560 132 274 209 129 149 259 334 (D) 193 303 (D) 1,444 (D) (D) 690 399 103 (D) (D) (D) (D) 658 (D) 351 2,492 66 1,531 (D) (D) 204 151 5,487 445 146 1,021 1,325 201 (D) 135 362 673 165 306 149 776 (D) 188 5,753 263 451 390 (D) 1,053 123 (D) 249 437 (D) 181 1,099 Infor mation 17,321 1,373 6,703 (D) 99 193 250 638 159 43 (D) 79 69 665 250 509 (D) 79 526 36 251 323 49 383 131 70 118 305 194 331 (D) 759 62 237 76 112 25 84 99 678 75 115 (D) 829 (D) 1,084 172 253 34 1,011 181 2,457 81 105 30 89 1,180 45 79 (D) 196 365 145 2,736 314 62 47 1,005 (D) 1,761 48 133 (D) 336 102 53 104 205 56 (D) 97 308 (D) 125 (D) 38 159 (D) 400 474 77 277 Financial activities (D) 13,212 37,891 471 1,363 579 1,189 3,804 1,045 343 380 872 273 6,148 1,239 2,044 1,464 398 2,182 358 1,293 2,429 669 1,900 723 445 427 1,728 1,033 2,612 2,758 4,355 379 1,463 905 371 261 365 689 6,081 324 940 2,413 6,172 705 3,270 1,132 1,213 243 5,177 570 22,570 628 1,234 110 1,357 10,133 435 1,057 44,738 949 1,852 526 21,199 958 412 514 4,101 412 14,183 433 542 442 667 467 606 417 2,249 353 19,282 901 918 (D) 659 4,329 258 833 1,053 1,890 727 605 2,458 Pro fessional Education Leisure and and health and business services hospitality services (D) 2,850 37,233 282 290 238 (D) 4,094 557 202 (D) 578 174 1,625 641 1,043 1,212 (D) 871 187 865 (D) 238 969 450 202 159 1,684 920 946 1,335 2,301 164 752 425 293 179 195 410 (D) 234 506 1,203 3,389 367 3,422 817 561 104 3,103 272 9,180 281 (D) 123 661 4,794 188 714 (D) 616 4,369 401 10,614 348 280 293 2,415 (D) 6,826 252 289 399 388 401 217 360 (D) 173 14,637 2,546 (D) 727 329 3,971 145 (D) 408 (D) 679 (D) 2,220 (D) 2,478 17,757 498 464 514 1,504 3,548 767 172 259 597 381 1,767 1,314 1,338 1,481 279 1,023 332 770 (D) 499 1,574 625 309 375 1,041 837 453 2,042 2,864 384 1,300 660 426 332 461 533 (D) 406 478 1,324 2,678 586 1,675 532 818 265 2,846 390 6,912 592 978 (D) 489 3,888 409 534 (D) 1,325 1,062 410 7,316 494 1,487 542 2,139 552 5,020 198 584 442 781 676 506 647 1,298 434 7,324 645 (D) 1,079 511 2,901 222 845 743 1,208 598 452 1,609 5,625 1,063 7,251 150 243 265 366 780 171 109 110 172 90 731 334 400 465 165 377 146 364 (D) 529 401 207 136 94 474 246 387 489 857 101 432 390 300 83 143 228 938 130 171 588 935 192 830 1,288 258 80 985 176 1,920 196 (D) 41 214 3,135 211 260 (D) 286 501 121 3,605 267 130 141 643 141 2,575 163 142 133 235 104 133 164 433 106 3,610 283 298 334 285 (D) 107 172 218 519 660 185 543 Other Government services 3,230 722 4,415 (D) 171 86 (D) 560 152 118 90 190 70 516 283 324 352 77 228 132 294 340 103 338 167 123 88 310 205 198 (D) 823 87 245 134 94 83 83 158 739 75 211 (D) 674 122 614 195 194 81 784 96 1,498 108 283 67 233 1,168 81 250 6,598 219 389 92 2,160 132 83 146 523 119 1,489 94 122 (D) 228 137 88 152 303 91 2,199 198 314 273 146 (D) 81 136 (D) 307 (D) 108 475 14,201 3,085 17,403 621 1,792 270 1,607 4,164 689 1,321 1,765 505 495 6,082 1,099 1,799 1,063 1,772 1,034 664 8,484 1,838 1,122 1,635 1,036 810 349 1,761 1,102 2,968 1,335 4,763 335 3,007 654 657 1,025 927 651 2,455 699 829 1,266 2,813 1,610 3,093 2,815 1,467 1,565 4,654 586 8,258 867 1,376 2,362 907 12,989 311 818 25,979 1,362 4,540 426 8,317 2,390 417 642 3,554 771 7,979 4,945 546 1,571 1,010 618 506 511 1,386 375 11,414 1,271 7,845 932 1,095 3,469 448 617 1,464 1,056 894 549 1,863 February 2011 D-85 S u r v e y o f C u r r e n t B u sin e s s Table J.2. Gross Domestic Product by Metropolitan Area for Industries, 2008*—Continues [Millions of dollars] Metropolitan area Lancaster, PA............................................................. Lansing-East Lansing, M l........................................ Laredo, TX .............................................................. Las Cruces, NM. Las Vegas-Paradise, NV........................................... Lawrence, KS..., Lawton, OK ..... Lebanon, PA., Lewiston, ID-WA........................................................ Lewiston-Auburn, M E ............................................... Lexington-Fayette, KY Lima, O H ............ Lincoln, NE .... Little Rock-North Little Rock-Conway, A R ............. Logan, UT-ID............................................................. Longview, T X ............................................................. Longview, W A............................................................ Los Angeles-Long Beach-Santa Ana, C A ............. Louisville-Jefferson County, KY-IN.......................... Lubbock, TX ....................................................... Lynchburg, V A .... Macon, GA ...... Madera-Chowchilla, C A ............................................ Madison, W l...... Manchester-Nashua, NH.......................................... Manhattan, KS..., Mankato-North Mankato, M N .................................. Mansfield, OH.... McAllen-Edinburg-Mission, T X ................................ Medford, O R .... ~........................................................ Memphis, TN-MS-AR............................................... Merced, C A ................................................................ Miami-Fort Lauderdale-Pompano Beach, F L , Michigan City-La Porte, IN........................................ Midland, T X ................................................................ Milwaukee-Waukesha-West Allis, W l..................... Minneapolis-St. Paul-Bloomington, M N-W I........... Missoula, M T ............................................................. Mobile, AL Modesto, CA Monroe, LA Monroe, M l................................................................. Montgomery, A L ........................................................ Morgantown, W V ....................................................... Morristown, T N .......................................................... Mount Vernon-Anacortes, W A................................. Muncie, IN .................................................................. Muskegon-Norton Shores, M l................................. Myrtle Beach-North Myrtle Beach-Conway, SC .... Napa, C A.................................................................... Naples-Marco Island, F L ......................................... Nashville-Davidson-Murfreesboro-Franklin, TN New Haven-Milford, C T ............................................ New Orleans-Metairie-Kenner, LA.......................... New York-Northern New Jersey-Long Island, NYNJ-PA ..................................................................... Niles-Benton Harbor, M l........................................... Norwich-New London, C T ....................................... Ocala, FL........... Ocean City, NJ... Odessa, TX Ogden-Clearfield, U T ............................................... Oklahoma City, OK Olympia, W A .... Omaha-Council Bluffs, NE-IA.................................. Orlando-Kissimmee, FL............................................ Oshkosh-Neenah, W l............................................... Owensboro, K Y ......................................................... Oxnard-Thousand Oaks-Ventura, CA..................... Palm Bay-Melbourne-Titusville, FL......................... Palm Coast, FL.......................................................... Panama City-Lynn Haven-Panama City Beach, FL Parkersburg-Marietta-Vienna, W V-OH................... Pascagoula, M S ........................................................ Pensacola-Ferry Pass-Brent, F L ............................ Peoria, IL .................................................................... Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Phoenix-Mesa-Scottsdale, A Z ................................. Pine Bluff, A R ............................................................ Pittsburgh, PA............................................................ Pittsfield, M A ............................................................. Pocatello, ID .............................................................. Portland-South Portland-Biddeford, M E ................ Portland-Vancouver-Beaverton, O R-W A............... Port St. Lucie, FL....................................................... Poughkeepsie-Newburgh-Middletown, N Y ............ Prescott, AZ............................................................... Providence-New Bedford-Fall River, RI-MA........... Provo-Orem, U T ........................................................ Pueblo, C O ................................................................ Punta Gorda, FL........................................................ Racine, Wl Raleigh-Cary, NC....................................................... Rank of total GDP by metropolitan area 102 107 232 266 30 340 302 332 365 331 90 301 139 68 347 175 354 2 48 179 195 208 328 65 96 263 321 316 137 229 43 231 11 341 162 34 14 283 126 123 225 324 128 256 326 277 343 278 181 210 134 38 58 41 Total Natural resources Con struction and mining Durable Nondurable goods goods manu manu facturing facturing 19,394 18,358 6,152 5,029 97,053 3,412 4,155 3,628 1,821 3,636 22,736 4,165 13,608 30,965 3,124 9,686 2,902 717,884 56,320 9,424 8,388 7,503 3,650 33,011 20,782 5,171 3,746 3,805 13,801 6,243 63,826 6,175 261,263 3,336 10,869 82,694 193,947 4,551 15,074 15,454 6,340 3,723 14,699 5,307 3,655 4,759 3,243 4,747 9,383 7,434 14,149 78,944 37,643 72,395 603 (D) 641 288 221 22 (D) 136 (D) 51 (D) 18 250 462 148 1,974 126 6,553 419 412 34 160 756 332 36 (D) 260 (D) 897 174 284 1,450 1,618 83 6,120 151 (D) 43 332 1,461 (D) 77 144 238 60 261 48 36 47 507 463 367 79 (D) 1,373 575 179 198 8,717 125 99 127 82 (D) 910 147 474 1,340 130 522 220 21,066 (D) 432 (D) 319 140 1,265 692 169 157 127 527 373 2,061 212 12,816 178 245 2,798 6,730 243 982 653 200 221 704 192 (D) 286 112 164 575 392 1,220 (D) 1,291 2,549 1,951 1,537 40 258 2,275 104 (D) 443 (D) 176 (D) 656 874 (D) (D) 912 262 39,371 (D) (D) (D) (D) (D) (D) 1,885 (D) 357 929 240 332 (D) 113 6,340 518 319 (D) (D) 79 1,107 650 (D) 624 (D) (D) 682 307 330 942 237 186 232 (D) 2,945 (D) 1 1,264,896 248 5,499 136 13,910 202 7,562 307 4,022 227 6,256 118 16,527 47 57,131 189 8,652 54 44,861 27 103,985 207 7,512 297 4,219 59 35,131 113 17,500 366 1,269 223 6,402 241 5,682 252 5,458 142 13,393 114 17,308 7 331,897 15 187,431 355 2,882 22 114,707 250 5,478 360 2,608 24,847 83 24 112,420 11,367 159 95 21,029 284 4,510 42 65,152 138 13,720 3,962 309 3,425 339 215 7,118 53,464 50 (D) 149 109 179 35 (D) 117 9,773 145 658 496 74 98 2,425 30 (D) 30 99 71 50 308 966 3,084 127 (D) 18 63 99 1,631 298 163 378 483 (D) (D) 48 91 428 37,466 148 364 603 (D) 557 905 1,997 353 1,894 5,898 272 144 1,224 964 67 394 (D) 444 843 795 (D) 10,509 127 4,651 240 99 989 4,432 788 919 316 (D) 821 271 252 239 2,760 (D) (D) (D) 444 19 435 (D) (D) 165 (D) (D) 1,139 (D) 2,180 2,170 55 239 (D) (D) 266 (D) (D) (D) (D) (D) (D) (D) (D) (D) 344 (D) 182 (D) 1,391 334 50 1,262 2,583 1,986 413 25 76 905 255 (D) 436 (D) 337 (D) 631 918 (D) (D) 812 366 29,636 (D) (D) (D) (D) (D) (D) 482 (D) 274 100 219 178 (D) 603 3,039 307 122 (D) (D) 117 936 1,542 (D) 48 (D) (D) 454 862 71 176 47 1,270 59 (D) 2,048 (D) Trade Transpor tation and utilities Infor mation Financial activities Pro fessional Education Leisure and and health and business services hospitality services Other services Government 2,979 (D) 951 479 10,671 333 325 651 (D) 501 (D) 552 (D) (D) 327 1,334 (D) 92,774 (D) 1,653 (D) (D) 367 3,818 2,924 (D) 463 531 2,432 (D) (D) (D) 39,135 387 1,014 9,548 (D) 601 2,252 2,032 1,019 411 (D) 531 (D) 652 388 698 1,290 709 1,649 (D) 5,090 (D) 894 (D) 875 247 4,357 142 129 200 (D) 204 (D) 225 (D) 1,745 123 496 (D) 28,106 4,455 374 290 544 135 962 776 (D) 124 (D) 695 (D) 6,591 (D) 13,732 298 201 3,030 (D) 319 1,179 707 287 602 (D) 263 240 197 153 182 180 185 284 2,855 1,129 (D) 585 445 73 105 1,842 195 66 54 31 108 822 99 336 (D) 48 534 36 57,556 (D) (D) (D) (D) 88 1,717 1,168 88 177 141 322 192 (D) 124 12,758 50 158 3,058 7,213 143 367 217 599 37 (D) 92 176 38 44 142 253 128 286 (D) 1,795 1,266 2,845 4,159 791 614 23,192 502 357 248 266 (D) 3,668 364 2,427 4,772 295 663 260 181,231 10,136 1,243 (D) 1,351 349 8,532 5,377 389 433 339 1,356 1,054 12,371 675 71,665 318 582 18,923 46,163 1,029 2,239 2,567 727 444 2,316 851 271 617 469 694 3,054 1,335 4,776 12,938 6,363 8,362 1,640 (D) 336 493 10,470 289 (D) 201 (D) 317 (D) 232 1,285 3,016 311 643 125 100,660 5,629 679 582 687 189 3,401 2,780 (D) 270 235 859 568 7,630 265 32,988 161 838 10,340 (D) 453 1,427 1,078 637 357 1,441 365 201 215 335 213 589 669 1,292 10,915 4,647 (D) 1,977 1,733 485 537 4,891 240 206 374 240 613 (D) 600 1,371 2,781 214 714 308 48,886 5,332 (D) 835 1,207 416 2,253 1,956 259 496 410 2,162 825 4,986 414 20,514 332 329 8,666 15,199 553 1,331 1,659 669 265 1,208 612 291 319 515 616 521 603 1,177 10,712 6,250 (D) 622 534 229 200 18,937 159 123 89 78 103 869 112 404 905 88 217 106 33,399 2,178 433 219 235 94 853 574 141 96 126 522 276 3,393 147 12,486 198 218 2,410 6,151 225 444 454 201 149 444 160 92 167 116 175 1,379 502 1,279 3,986 1,068 4,145 571 585 154 133 1,663 156 70 98 66 76 426 104 339 682 118 217 85 16,116 1,235 280 223 (D) 102 790 480 132 106 102 482 183 (D) 164 6,827 91 173 1,706 4,166 130 441 423 152 96 (D) 103 101 139 94 120 211 173 402 (D) 938 1,214 1,368 4,201 1,371 1,401 8,915 890 2,101 570 298 320 3,273 425 2,499 5,405 650 648 383 62,530 5,528 1,731 851 930 740 5,622 1,652 2,809 533 531 3,087 804 7,228 995 27,344 417 550 6,998 17,971 617 2,035 2,011 799 391 3,468 1,270 381 698 568 587 1,000 774 1,030 6,978 4,001 6,513 (D) 132,884 546 (D) 1,367 (D) 138 1,184 31 426 1,100 150 1,847 (D) (D) (D) 115 1,190 (D) (D) 12,853 (D) 1,352 (D) (D) (D) 3,713 4,738 83 2,097 6 178 93 742 665 (D) 394 (D) 299 1,728 1,695 (D) (D) 37,493 (D) 26,362 315 (D) (D) 13,662 528 (D) (D) (D) 3,310 (D) (D) (D) 148 1,838 (D) (D) 43 678 (D) (D) 1,774 573 58 506 6 526 1,556 760 6,814 4,023 (D) 586 1,001 336 (D) 192 662 2,116 270 5,592 3,096 (D) 293 779 438 (D) 202 573 261 580 1,071 15,812 8,667 (D) 6,948 154 (D) 1,024 4,586 1,018 (D) 110 3,148 296 333 60 207 1,953 91,713 57 205 217 59 152 (D) (D) 159 (D) 4,503 205 (D) 1,036 467 (D) 182 (D) 93 416 327 12,440 5,199 (D) 4,183 125 (D) 720 (D) 248 567 65 2,362 (D) (D) 58 70 2,955 421,001 775 1,333 1,492 1,344 544 2,878 7,813 1,254 8,669 30,098 794 423 6,779 2,418 254 1,441 609 367 1,924 1,922 90,444 49,399 192 22,426 1,389 323 6,082 (D) 2,110 2,983 751 14,411 1,795 387 857 844 11,095 (D) 359 1,264 502 227 350 1,529 5,824 601 5,569 14,634 1,014 186 3,790 3,278 104 586 336 385 1,402 1,970 51,959 24,362 119 (D) 510 223 2,811 12,713 1,041 1,811 285 6,640 (D) 280 307 516 8,234 99,942 513 1,179 832 266 (D) 1,117 4,475 893 3,795 7,083 625 308 2,261 1,820 97 488 613 252 1,515 1,914 35,313 15,300 259 13,177 889 (D) 2,648 8,810 1,143 2,690 549 7,877 1,578 589 497 597 3,224 41,103 178 576 313 482 179 481 1,841 305 1,479 10,645 153 132 1,185 716 73 418 181 135 505 521 8,918 8,065 55 3,656 361 91 1,048 3,373 590 695 270 2,461 386 173 171 168 1,568 24,889 143 250 244 112 234 (D) (D) 286 (D) 2,174 168 120 812 470 47 193 129 113 397 420 6,965 3,478 71 2,834 152 54 484 2,527 394 547 122 1,501 (D) 121 137 156 1,174 107,053 563 3,297 1,077 664 573 3,904 9,333 2,915 5,351 8,311 736 571 4,208 2,550 241 1,393 792 779 3,468 1,272 28,618 18,405 679 8,958 486 593 3,088 11,190 1,406 4,480 762 8,121 1,535 788 457 651 6,653 February 2011 Regional Data D-86 Table J.2. Gross Domestic Product by Metropolitan Area for Industries, 2008*—Table Ends [Millions of dollars] Metropolitan area Rapid City, S D ........................................................... Reading, PA................................................................ Redding, C A ............................................................... Reno-Sparks, NV....................................................... Richmond, VA............................................................ Riverside-San Bernardino-Ontario, C A .................. Roanoke, VA............................................................... Rochester, M N........................................................... Rochester, N Y ........................................................... Rockford, IL ................................................................ Rocky Mount, N C ...................................................... Rome, GA Sacramento-Arden-Arcade-Roseville, C A ............. Saginaw-Saginaw Townsmp Nortn, M i................... St. Cloud, M N ............................................................ St. George, U T .......................................................... St. Joseph, MO-KS.................................................... St. Louis, MO-IL......................................................... Salem, O R .................................................................. Salinas, C A................................................................. Salisbury, MD............................................................. Sait Lake City, U T ...................................................... San Angelo, TX.......................................................... San Antonio, TX......................................................... San Diego-Carlsbad-San Marcos, CA.................... Sandusky, O H............................................................ San Francisco-Oakland-Fremont, C A..................... San Jose-Sunnyvale-Santa Clara, CA.................... San Luis Obispo-Paso Robles, C A ......................... Santa Barbara-Santa Maria-Goleta, C A ................ Santa Cruz-Watsonville, C A .................................... Santa Fe, NM................. Santa Rosa-Petaluma, CA........................................ Savannah, G A ............... Scranton-Wilkes-Barre, PA Seattle-Tacoma-Bellevue, W A ................................. Sebastian-Vero Beach, FL Sheboygan, W l.......................................................... Sherman-Denison, TX... Shreveport-Bossier City, LA..................................... Sioux City, IA-NE-SD.... Sioux Falls, S D .......................................................... South Bend-Mishawaka, IN-MI................................ Spartanburg, SC............ Spokane, W A.................. Springfield, IL ............................................................ Springfield, MA.. Springfield, MO.. Springfield, OH.. State College, PA....................................................... Stockton, CA Sumter, SC Syracuse, NY Tallahassee, FL.......................................................... Tampa-St. Petersburg-Clearwater, F L .................... Terre Haute, IN .. Texarkana, TX-Texarkana, A R ................................. Toledo, OH Topeka, KS , ,,, Trenton-Ewing, N J ..................................................... Tucson, AZ .... Tulsa, O K .................................................................... Tuscaloosa, AL.. Tyler, TX Utica-Rome, NY. Valdosta, GA Vallejo-Fairfield, C A ................................................... Victoria, T X ...... Vineland-Millville-Bridgeton, NJ............................... Virginia Beach-Norfolk-Newport News, VA-N C.... Visalia-Porterville, C A............................................... Waco, TX Warner Robins, G A ................................................... Washington-Arlington-Alexandria, DC-VA-MD-WV Waterloo-Cedar Falls, IA........................................... Wausau, W l................................................................ Weirton-Steubenville, W V-O H................................. Wenatchee-East Wenatchee, WA........................... Wheeling, WV-OH...................................................... Wichita, KS Wichita Falls, TX Williamsport, PA. Wilmington, NC.. Winchester, VA-W V.................................................. Winston-Salem, N C .................................................. Worcester, M A ........................................................... Yakima, WA................................................................. York-Hanover, PA....................................................... Youngstown-Warren-Boardman, OH-PA................ Yuba City, C A .............................................................. Yuma, A Z .................................................................... Rank of total GDP by metropolitan area 273 127 254 98 45 23 149 188 52 150 249 352 32 226 206 338 299 20 153 105 308 44 330 36 16 351 8 18 163 100 169 217 99 144 104 12 285 259 345 91 222 133 152 166 111 194 92 132 337 245 101 353 78 146 25 255 295 82 191 85 67 53 198 190 187 305 143 247 269 39 156 199 264 5 203 246 325 315 267 73 236 320 140 276 93 74 205 125 115 293 270 Total 4,891 14,838 5,391 20,557 61,351 113,080 12,425 8,725 45,445 12,413 5,479 2,970 93,652 6,309 7,529 3,449 4,203 128,467 12,045 18,820 3,964 62,525 3,639 80,896 169,325 2,979 310,825 146,687 10,587 19,646 9,903 6,809 20,229 13,181 19,065 218,771 4,492 5,249 3,219 22,392 6,420 14,183 12,313 10,221 17,640 8,572 22,315 14,295 3,529 5,578 19,519 2,959 26,851 12,797 110,510 5,356 4,300 26,106 8,630 24,458 31,805 45,157 8,106 8,652 8,747 4,030 13,340 5,540 4,945 77,061 11,569 7,943 5,113 395,747 7,562 5,576 3,692 3,819 5,019 28,541 5,958 3,762 13,494 4,783 21,936 28,406 7,545 15,164 17,092 4,348 4,918 Natural Con resources struction and mining 65 208 167 120 447 1,033 67 192 (D) 81 112 14 944 79 256 730 301 1,364 Durable Nondurable goods goods manu manu facturing facturing 228 2,314 177 670 2,105 818 2,939 (D) (D) (D) (D) (D) 7,043 6,099 3,761 17,352 (D) (D) (D) (D) (D) 4,326 6,222 324 1,607 597 200 80 4,894 229 426 294 182 (D) (D) (D) (D) (D) (D) (D) 714 216 929 420 1,025 385 320 804 470 1,348 2,527 7,182 988 (D) (D) (D) 182 176 (D) (D) (D) (D) 1,032 807 185 103 558 17 (D) (D) (D) (D) 812 1,006 499 586 539 207 163 4,150 515 838 194 1,968 1,207 2,338 595 (D) (D) (D) (D) (D) (D) (D) (D) 9,992 17,350 394 (D) 17,245 1,250 2,060 1,593 792 2,783 3,740 4,666 101 41 88 150 78 562 531 205 2,742 140 4,184 6,455 72 11,053 4,057 619 824 520 281 1,206 612 701 9,460 293 172 183 561 209 499 408 460 846 364 861 245 282 226 234 5,910 382 516 200 (D) (D) (D) 69 98 1,063 76 156 164 1,178 142 99 208 989 186 994 614 5,988 203 143 1,115 528 229 816 410 (D) (D) 66 1,313 751 4,168 169 1,778 (D) 2,581 1,027 21 (D) 798 470 1,853 561 555 345 41 135 1,309 162 80 70 7,914 494 362 (D) (D) (D) 71 15 757 (D) 729 1,358 111 102 188 865 161 638 2,608 133 11 541 229 210 (D) 9,040 493 9,700 (D) 3,839 257 21,162 (D) (D) 989 359 95 477 198 62 (D) (D) (D) (D) (D) (D) (D) (D) 143 1,257 587 23 1,036 168 (D) (D) (D) (D) (D) (D) 2,299 1,870 1,297 894 1,116 317 (D) (D) (D) 1,677 1,116 (D) 132 71 1,082 142 (D) (D) (D) (D) (D) 8,448 62 147 151 1,011 460 564 (D) 448 2,957 306 3,596 (D) (D) (D) (D) 2,270 15,392 (D) (D) (D) (D) (D) (D) (D) (D) 3,752 1,482 (D) (D) (D) 624 1,377 1,815 347 302 263 417 3,262 312 299 (D) 2,186 3,400 5,561 (D) (D) (D) (D) 799 723 1,134 (D) (D) (D) 776 330 252 3,059 470 375 116 403 300 249 287 1,941 (D) (D) (D) 507 385 699 (D) (D) (D) 754 775 359 (D) (D) 1,653 (D) (D) 631 489 1,200 178 (D) (D) (D) (D) 1,575 994 386 28,531 843 822 365 561 (D) 151 428 (D) 967 173 142 802 623 957 (D) 58 103 25 (D) 68 1,781 99 244 368 811 201 983 180 (D) (D) (D) 218 207 2,041 995 505 453 (D) 695 1,180 231 865 620 185 213 (D) (D) (D) (D) (D) 488 741 (D) 1,247 2,870 4,695 1,426 (D) (D) 2,270 3,366 1,439 455 (D) 8,395 1,102 339 182 85 614 27,922 824 498 496 2,086 767 1,761 1,556 1,623 2,844 972 2,615 2,380 4,562 3,467 613 504 1,608 (D) (D) 3,723 1,100 1,771 2,631 (D) 397 813 254 (D) (D) (D) 149 1,616 119 2,977 259 5,574 (D) (D) 2,112 779 527 1,326 (D) (D) 352 (D) 266 497 238 273 3,436 609 384 125 15,424 285 235 (D) 97 407 1,093 172 133 1,008 183 Infor mation 149 183 90 (D) (D) 1,971 (D) 183 2,030 233 192 118 2,846 244 264 (D) (D) (D) 177 339 (D) 2,227 216 3,878 11,434 30 17,256 15,585 185 615 155 197 486 232 923 23,757 105 30 54 375 110 505 271 132 341 319 640 456 35 248 315 37 706 (D) 5,196 75 68 452 (D) 1,550 768 (D) 141 363 218 (D) 193 (D) 103 (D) 202 210 26 (D) (D) 592 147 13,364 41,713 330 78,725 23,004 2,222 4,007 1,979 1,465 4,706 1,430 2,385 47,737 1,137 667 307 1,646 911 5,595 1,787 987 3,215 1,248 3,571 2,228 512 774 3,372 207 4,125 1,773 23,489 492 429 3,490 1,381 5,029 4,866 6,322 1,054 801 1,213 490 1,776 350 484 13,882 1,170 1,057 379 (D) (D) 75 376 61 (D) (D) (D) 1,003 937 277 601 583 2,919 379 336 3,153 727 4,279 4,196 693 1,990 2,220 627 483 938 85 295 363 64 195 102 874 2,024 841 3,615 13,073 21,967 1,851 965 5,634 1,582 531 255 21,375 937 1,110 701 393 20,200 1,955 2,661 468 15,323 (D) (D) 72 Financial activities 123 92 63 47 112 783 1,206 314 1,347 1,002 (D) 'Accelerated statistics (D) Not shown to avoid disclosure of confidential information, but the statistics for this item are included in the totals. 33 1,077 33 Trade Transpor tation and utilities Pro fessional Education Leisure and and health and business services hospitality services 322 1,691 469 (D) 10,013 9,713 1,344 370 5,834 935 374 173 11,683 600 505 260 266 20,982 866 1,281 393 8,581 201 9,603 23,781 124 61,578 27,896 899 2,546 1,358 697 2,472 1,162 1,559 26,719 398 291 174 1,133 524 876 (D) 943 1,628 822 (D) (D) 256 519 1,325 148 2,856 1,638 16,156 279 290 2,684 711 5,265 3,838 613 1,469 737 1,593 4,644 9,008 1,519 3,411 (D) 1,411 350 559 7,864 876 (D) 391 434 12,614 1,506 1,101 559 3,616 397 6,768 10,155 289 20,414 10,142 847 1,552 910 607 1,878 1,398 2,608 14,326 522 462 438 1,522 (D) 1,557 1,653 718 2,293 1,296 3,650 (D) 461 428 1,971 258 3,073 1,148 10,628 603 503 2,889 930 3,007 3,516 (D) (D) 443 714 666 251 989 276 270 7,687 652 524 466 92,898 447 363 488 1,262 1,210 (D) 1,394 369 529 5,099 731 915 252 23,719 675 530 (D) (D) 162 486 2,798 243 211 1,246 312 2,176 3,573 281 1,265 1,191 248 283 431 577 2,487 499 459 953 618 2,875 4,015 868 1,445 2,080 427 394 264 376 232 2,112 1,607 4,834 395 277 1,262 341 142 91 3,103 221 207 218 168 5,322 332 1,190 127 2,247 126 3,804 7,544 463 11,819 3,656 578 1,008 435 487 848 670 638 7,367 277 135 129 1,086 242 422 337 385 721 306 742 488 122 203 570 78 796 409 5,491 162 147 797 237 578 1,399 1,173 240 274 267 165 424 119 125 2,706 261 247 140 12,292 211 131 231 192 223 941 150 97 619 157 573 876 227 389 529 112 158 Other Government services 141 417 180 399 (D) 3,413 (D) 168 895 360 112 63 2,490 155 172 141 121 (D) 290 419 (D) 1,611 106 1,870 3,535 59 6,636 2,061 297 514 316 189 565 343 517 4,765 134 92 93 369 157 251 321 227 510 323 636 431 152 127 529 89 634 499 2,742 145 116 653 (D) 561 787 900 165 208 209 (D) 361 97 115 1,588 303 257 92 14,453 144 123 75 100 122 571 162 115 291 124 396 750 180 447 457 117 95 957 1,439 875 2,309 8,778 19,704 1,477 728 5,072 1,038 617 420 21,424 775 940 397 547 12,406 2,964 3,231 654 7,255 752 14,079 28,786 345 27,814 8,616 1,518 2,862 1,337 1,294 2,056 2,283 2,110 24,734 413 381 369 2,788 603 817 961 1,321 2,727 2,198 3,688 1,629 457 2,076 2,915 903 3,611 4,060 11,844 753 961 3,191 1,725 4,386 6,210 3,361 1,608 785 2,094 1,146 2,743 483 1,041 22,493 2,034 1,087 2,580 83,121 838 477 367 616 629 2,742 1,266 521 1,637 561 1,455 3,587 1,138 1,541 1,933 1,136 1,372 D-87 February 2011 K. C harts S ELEC TED REGIONAL ESTIMATES S H A R E S O F U.S. G R O SS D O M E S TIC P R O D U C T BY STATE BY R EG IO N Mideast 18.2% 1969 Mideast 23.5% Great Lakes 21.3% 2009 Great Lakes 14.0% New England 5.5% Plains 6.5% New England 5.8% Plains 7.4% Far W est 14.9% Far W est 18.6% Southeast 22 .2 % Rocky Mountain 2 .2 % Rocky Mountain 3.5% Southeast 17.7% Southwest 7.2% Southwest 11.5% S H A R E S O F U.S. P E R S O N A L IN C O M E BY R EG IO N 1969 Mideast 23.5% 2009 Mideast 18.1% Great Lakes 20 . 8% Great Lakes 14.2% New England 5.7% Plains 6.5% New England 6.3% Plains 7.5% Far W est 15.2% Far W est 17.9% Southeast 23.0% Rocky Mountain Southeast 17.3% 2 .2 % “ Y 6% ” ' Rocky Mountain 3.3% Southwest 11.3% AVER A G E ANNUAL G R O W TH RATE O F P E R S O N A L IN C O M E, 1 9 9 9 -2 0 0 9 U.S. average STATES W ITH FASTEST G R O W TH 4.4% Percent U.S. Bureau of Economic Analysis U.S. average STATES W ITH S LO W E S T G R O W TH 4.4% 5 6 Percent D-88 Regional Data February 2011 SELECTED REG IO NAL ESTIMATES P E R C A P ITA G R O S S D O M E S T IC P R O D U C T B Y STATE IN C U R R E N T D O LLA R S , 2 0 0 9 Highest quintile Fourth quintile Third quintile Second quintile Lowest quintile P E R C A PITA P E R S O N A L IN C O M E , 2 0 0 9 Highest quintile Fourth quintile Third quintile Second quintile Lowest quintile U.S. Bureau of Economic Analysis D-89 February 2011 Appendixes A. A dd itio nal Info rm ation A b o u t th e NIPA E stim ates Statistical Conventions Current-dollar GDP is a measure of the market value of goods, services, and structures that are produced in the economy in a particular period. The changes in cur rent-dollar GDP can be decomposed into quantity and price components. Quantities, or “real” measures, and prices are expressed as index num bers with the reference year— at present, the year 2005— equal to 100.1 The annual changes in quantities and prices are calcu lated using a Fisher formula that incorporates weights from 2 adjacent years. For example, the annual percent change in real GDP for 2006-2007 uses prices for 2006 and 2007 as weights, and the 2006-2007 annual percent change in the GDP price index uses quantities for 2006 and 2007 as weights. Because the Fisher formula allows for the effects of changes in relative prices and in the composition of output over time, the resulting quantity or price changes are not affected by the substitution bias that is associated with changes in quantities and prices calculated using a fixed-weighted formula. These annual changes are “chained” (multiplied) together to form time series of quantity and price indexes. The percent changes in the Fisher indexes are not affected by the choice o f the reference year. BEA also publishes implicit price deflators (IPDs), which are calculated as the ratio of the current-dollar value of a com ponent to the chained-dollar value of the com ponent, multiplied by 100. The values of an IPD are very close to the values o f the corresponding “chain-type” price index. The measures of real GDP and its major com ponents are also presented in dollar-denom inated form, desig nated “chained (2005) dollar estimates.” For most series, these estimates are computed by multiplying the cur rent-dollar value in 2005 by a corresponding quantity index num ber and then dividing by 100. For example, if a current-dollar GDP com ponent equaled $100 in 2005 and if real output for this com ponent increased by 10 percent in 2006, then the chained (2005) dollar value of this com ponent in 2006 would be $110 ($100 x 1.10). The percent changes calculated from the chained (2005) dollar estimates and from the quantity indexes are the same; any differences will be small and due to rounding. The chained-dollar values for the detailed GDP com ponents will not necessarily sum to the chained-dollar estimate of GDP (or to any intermediate aggregate) in a table, because the relative prices that are used as weights for any period other than the reference year differ from those of the reference year. A measure of the effect of such 1. See J. Steven Landefeld, Brent R. M oulton, and C indy M. Vojtech, “C hainedDollar Indexes: Issues, Tips on Their Use, and U pcom ing Changes,” S u r v e y o f C u r r e n t B u s i n e s s (N ovem ber 2003): 8-16. differences is provided by a “residual” line— the differ ence between the chained-dollar value of the m ain aggre gate in the table and the sum of the m ost detailed com ponents in the table. For periods close to the refer ence year, when the relative prices that are used as weights have usually not changed much, the residuals tend to be small, and the chained-dollar estimates can be used to approximate the contributions to growth and to aggre gate the detailed estimates. For periods further from the reference year, the residuals tend to be larger, and the chained-dollar estimates are less useful for analyses of contributions to growth. In particular, for com ponents for which relative prices are changing rapidly, the calcula tion of contributions based on chained-dollar estimates may be misleading even just a few years from the refer ence year. Thus, contributions derived from quantity indexes provide a better measure than contributions derived from chained-dollar estimates; contributions based on quantity indexes are shown in selected NIPA tables 1.1.2, 1.2.2, 1.5.2, 2.3.2, 3.9.2, 4.2.2, and 5.3.2. For quarters and months, NIPA estimates are pre sented at annual rates, which show the value that would be registered if the rate o f activity that is measured for a quarter or for a m onth were m aintained for a full year. Annual rates are used so that periods o f different lengths— for example, quarters and years— may be more easily compared. These annual rates are determ ined sim ply by multiplying the estimated rate of activity by 4 (for quarterly data) or by 12 (for m onthly data). For m ost quarterly NIPA estimates, percent changes in the estimates are also expressed at annual rates. Calculat ing these changes requires a variant o f the com pound interest formula: where r is the percent change at an annual rate; xt is the level of activity in the later period; Xq is the level of activ ity in the earlier period; m is the periodicity of the data (for example, 1 for annual data, 4 for quarterly data, or 12 for m onthly data); and n is the num ber of periods between the earlier periods and the later periods (that is, t —0). Quarterly and m onthly NIPA estimates are seasonally adjusted if necessary. Seasonal adjustm ent removes from the time series the average effects of variations that n o r mally occur at about the same time and in about the same m agnitude each year— for example, weather, holidays, and tax payment dates. After seasonal adjustment, cycli cal and other short-term changes in the economy stand out more clearly. D-90 Appendix A February 2011 Reconciliation Table Table 1. Relation of Net Exports of Goods and Services and Net Receipts of Income in the NIPAs to Balance on Goods and Services and Income in the ITAs [Billions of dollars] Seasonally adjusted at annual rates Line 2008 2009 2009 II Exports of goods and services and income receipts, ITAs................................................................... Less: Gold, ITAs................................................................................................................................................. Statistical differences 1............................................................................................................................. Other items................................................................................................................................................. Plus: Adjustment for grossing of parent/affiliate interest payments............................................................ Adjustment for U.S. territories and Puerto R ico.................................................................................... Services furnished without payment by financial intermediaries except life insurance carriers.... 1 2 3 4 5 6 7 2,594.5 18.7 0.0 1.6 10.1 51.1 8.3 III 2,159.0 13.9 0.0 1.5 8.0 49.6 7.0 2,080.4 12.3 0.0 1.5 9.2 49.0 7.0 2,162.9 14.3 0.0 1.5 7.2 48.6 6.6 2010 IV 2,305.7 15.3 0.0 1.3 7.1 51.8 6.6 I 2,400.7 17.9 -7.8 2.0 6.2 49.7 7.0 II 2,454.9 14.7 -7.6 2.3 6.6 54.6 7.3 III 2,501.4 20.0 -7.6 2.0 7.7 51.7 6.3 Equals: Exports of goods and services and income receipts, NIPAs................................................ 8 2,642.9 2,208.2 2,131.9 2,209.5 2,354.6 2,451.5 2,514.0 2,552.8 Imports of goods and services and income payments, ITAs................................................................ Less: Gold, ITAs................................................................................................................................................. Statistical differences 1.............................................................................................................................. Other items................................................................................................................................................. Plus: Gold, NIPAs............................................................................................................................................... Adjustment for grossing of parent/affiliate interest payments............................................................. Adjustment for U.S. territories and Puerto R ico................................................................................... Imputed interest paid to rest of world..................................................................................................... 9 10 11 12 13 14 1b 16 3,167.4 12.5 0.0 0.0 -4.1 10.1 35.0 8.3 2,412.5 8.8 0.0 0.0 -5.1 8.0 34.8 7.0 2,297.1 8.4 0.0 0.0 -4.8 9.2 37.2 7.0 2,418.4 8.8 0.0 0.0 -5.2 7.2 32.4 6.6 2,584.3 10.9 0.0 0.0 -5.8 7.1 34.2 6.6 2,697.9 9.7 -4.9 0.0 -6.2 6.2 40.1 7.0 2,815.2 11.8 -6.1 0.0 -4.2 6.6 38.7 7.3 2,874.7 10.3 -6.1 0.0 -6.3 7.7 36.6 6.3 Equals: Imports of goods and services and income payments, NIPAs............................................. 17 3,306.8 2,448.3 2,337.3 2,450.6 2,615.5 2,740.2 2,857.9 2,914.9 Balance on goods and services and income, ITAs (1 -9 )....................................................................... Less: Gold (2-10+13)....................................................................................................................................... Statistical differences (3 -1 1 )1................................................................................................................ Other items (4 -1 2 ).................................................................................................................................... Plus: Adjustment for U.S. territories and Puerto Rico (6-1 5 )...................................................................... Equals: Net exports of goods and services and net receipts of income, NIPAs (8 -1 7 )................ 18 19 20 21 22 23 -572.9 2.1 0.0 1.6 16.1 -663.9 -253.5 0.0 0.0 1.5 14.8 -240.1 -216.7 -0.9 0.0 1.5 11.8 -205.4 -255.5 0.3 0.0 1.5 16.2 -241.1 -278.6 -1.4 0.0 1.3 17.6 -260.9 -297.2 2.0 -2.9 2.0 9.6 -288.7 -360.3 -1.3 -1.5 2.3 15.9 -343.9 -373.3 3.4 -1.5 2.0 15.1 -362.1 1. Consists of statistical revisions to the ITAs that have not yet been incorporated into the NIPAs. ITAs International transactions accounts NIPAs National income and product accounts D-91 February 2011 B. Suggested Reading The Bureau o f Econom ic Analysis (BEA) has published a wealth o f inform ation about the m ethodologies that are used to prepare its national, industry, in tern a tional, and regional accounts. M ost of this inform ation is available on BEA’s Web site at www.bea.gov. National accounts The national accounts encom pass the detailed esti m ates in the national incom e and pro d u ct accounts (including gross dom estic product) and the estim ates o f fixed assets and consum er durable goods. National incom e and product accounts (NIPAs). This series o f papers docum ents the conceptual fram e work o f the NIPAs and the m ethodologies that are used to prepare the estimates. Concepts and M ethods o f the U.S. National Income and Product Accounts “In tro d u cto ry C hapters l - 4 ”(2009) “C hapter 5: Personal C onsum ption Expendi tures” (2009) “C hapter 6: Private Fixed Investm ent” (2010) “C hapter 7: C hange in Private Inventories” (2010) Corporate Profits: Profits Before Tax, Profits Tax Liability, and Dividends (2002) A n Introduction to National Income and Product Accounts (2007) M easuring the Economy: A Primer on GDP and the National Income and Product Accounts (2007) The following S u r v e y articles describe the 2009 com prehensive revision o f the NIPAs. “Initial Results o f the 2009 Com prehensive NIPA Revision” (August 2009) “Im proved Estimates o f the N ational Incom e and Product Accounts: Results o f the 2009 C om pre hensive Revision” (Septem ber 2009) Preview o f the 2009 C om prehensive NIPA Revision Changes in Definitions and Presentations (M arch 2009) New Classifications for Personal C onsum ption E xpenditures (May 2008) Statistical Changes (May 2009) “Preview o f the Revised NIPA Estimates for 2002: Effects o f Incorporating the 2002 B enchm ark I-O Accounts and Proposed D efinition and Statistical Changes” (M arch 2008) In addition, see the following articles. “A nnual Revision o f the N ational Incom e and P ro d uct Accounts” (August 2010) presents revisions and describes any changes in the data and the m ethods used to prepare the estimates. “U pdated Sum m ary o f NIPA M ethodologies” (N o vem ber 2010) describes the source data and m ethods th at are used to prepare the estimates. “C hained-D ollar Indexes: Issues, Tips on T heir Use, and U pcom ing Changes” (N ovem ber 2003) discusses the advantages o f using chain-w eighted indexes and the challenges o f using chained dollars. “The Reliability of the GDP and GDI Estimates o f U.S. Econom ic Activity” (February 2008) evaluates the principal NIPA estim ates by exam ining the record of revisions to them . “Gross D om estic Product: Revisions and Source D ata” (February 2006) describes the categories o f data th at are used for the advance, prelim inary (now called second), and final (now called third) quarterly esti m ates o f GDP. Fixed assets and consum er durable goods. Fixed Assets and Consumer Durable Goods in the United States, 1925-97 (2003) discusses the concepts and sta tistical considerations th at underlie the estim ates and their derivation. “Fixed Assets and C onsum er D urable Goods for 1999-2008” (Novem ber 2009) describes the im prove m ents that were incorporated into these estim ates as p art o f the 2009 com prehensive NIPA revision. Satellite account. This account extends the analyti cal capacity o f the NIPAs by focusing on the effects o f a particular aspect o f econom ic activity on GDP. “Research and D evelopm ent Satellite A ccount” For 1959-2002 (D ecem ber 2006) For 1959-2004 (O ctober 2007) For 1959-2007 (D ecem ber 2010) Mission Statement and Strategic Plan The mission statement of the Bureau of Economic Analysis and its most recently updated strategic plan for improving the accuracy, reliability, and relevance of the national, industry, regional, and interna tional accounts are available on BEA’s Web site at www.bea.gov under “About BEA.” D-92 Appendix B In d u stry acco u n ts The in d u stry accounts consist o f the annual industry accounts (the in p u t-o u tp u t accounts and the gross d o m estic p ro d u ct by industry accounts), the benchm ark in p u t-o u tp u t accounts, and two satellite accounts. Annual industry accounts. “Preview of the Com pre hensive Revision of the Annual Industry Accounts” (March 2010) provides the details about the upcom ing comprehensive revision. “A nnual In dustry Accounts” (June 2010) presents the com prehensive revision o f these accounts and sum m arizes the source data and any changes in the m ethods th at are used to prepare the estimates. Benchmark input-output accounts. Concepts and Methods o f the U.S. Input-O utput Accounts (September 2006) describes the concepts and m ethods that underlie the preparation o f these accounts. Satellite accounts. These accounts extend the ana lytical capacity o f the in p u t-o u tp u t accounts by focus ing on a particular aspect o f econom ic activity. “U.S. Travel and Tourism Satellite Accounts” For 1998-2006 (June 2007) For 2004-2007 (June 2008) For 2005-2008 (June 2009) For 2004-2009 (N ovem ber 2010) Intern atio n al accoun ts The in ternational accounts encom pass the in tern a tional transactions accounts, direct investm ent, and in tern atio n al transactions in services. International transactions accounts and interna tional investment position accounts. “A Guide to the U.S. International Transactions Accounts and the U.S. In ternational Investm ent Position Accounts” (Febru ary 2010) introduces these accounts. The Balance o f Payments o f the United States: Con cepts, Data Sources, and Estimating Procedures (1990) describes the m ethodologies used to prepare the esti m ates in the ITAs and the international investm ent p o sition o f the U nited States. These m ethodologies are usually u p d ated and im proved as p art o f the annual re visions o f th e international transactions accounts. The u p d ated and im proved m ethodology is described in a series o f articles, the latest of w hich was published in the July 2010 S u r v e y . “M odernizing and Enhancing BEA’s International Econom ic Accounts: Recent Progress and Future D i rections” (M ay 2010) provides an overview o f BEA’s initial and lo ng-term plans to introduce the new in ter national statistical standards from recently updated m anuals and other im provem ents to the accounts. February 2011 Direct investment. U pdated m ethodologies are available in U.S. Direct Investm ent Abroad: Final Results From the 2004 Benchmark Survey (2008) and in Foreign Direct Investm ent in the United States: Final Results From the 2002 Benchmark Survey (2006). A dditional im provem ents are described in the fol lowing annual articles: “D irect Investm ent Positions: C ountry and Industry D etail” (Septem ber) and O p er ations o f U.S. M ultinational C om panies (August) and o f U.S. Affiliates o f Foreign C om panies (Novem ber). International services. The m ethodology used to prepare the estim ates is usually updated and im proved in a series o f articles, the latest o f w hich was published in the O ctober 2010 S u r v e y . “Selected Issues in the M easurem ent o f U.S. International Services” (June 2002) describes key is sues in defining and m easuring insurance, wholesale and retail trade, finance, construction, and utilities ser vices. R egional accoun ts The regional accounts include estim ates o f personal in com e and gross dom estic product. Personal income. Estimates of personal income are prepared for states and for local areas. State Personal Incom e (2009) describes th e im provem ents in th e m eth o d o lo g y th a t is used to p re pare the q u arte rly an d an n u a l estim ates. This m eth o d o lo g y has been u p d ated in “R egional Q u a r terly R eport: C om prehensive R evision” (N ovem ber 2009). Local Area Personal Incom e (2009) describes the detailed m eth o d o lo g y th a t is used to p rep are th e es tim ates for counties, m e tro p o lita n divisions an d a r eas, m icro p o litan areas, an d BEA econom ic areas an d regions. T his m eth o d o lo g y has b een u p d a te d in “C om prehensive R evision o f Local A rea P ersonal In com e” (M ay 2010). Gross domestic product. Estim ates o f gross d o m estic p ro d u c t (G D P) are p re p are d for states and m etro p o lita n areas. Gross D om estic Product by State (2006) describes th e sources an d the m eth o d s th a t are used to p re pare th e estim ates. “G ross D om estic P ro d u ct by State” (D ec em ber 2010) presents th e results o f th e m o st recen t com prehensive revision. “In tro d u c in g N ew M easures o f the M etro p o litan Econom y: P ro to ty p e E stim ates o f G D P by M e tro p o lita n Area” (N ovem ber 2007) describes th e p o te n tial uses o f the estim ates.