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SURVEY OF CURRENT BUSINESS
BEA’ s M O N T H LY JO U R NAL
In this issue . . .
NIPA Translation o f the Fiscal Year 201 2 Federal Budget
Gross Domestic Product by Metropolitan Area, 2001 -2 0 09
BEA Briefing
Comparing NIPA Profits With S&P 500 Profits
sssB EA
BUREAU OF ECONOMIC ANALYSIS
U.S. DEPARTMENT OF COMMERCE
ECONOMICS AND STATISTICS ADMINISTRATION
U.S. D ep artm ent o f C om m erce
Gary Locke, Secretary
E conom ics and S ta tis tic s 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. M oulton, 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 o f new and rapidly growing economic activities arising from
innovative and advancing technologies, and it provides recommendations from the perspective o f 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, M anaging 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 ub
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SURVEY OF CURRENT BUSINESS
M arch 2011
1
V o lu m e 91 • N u m b er 3
G D P and th e E conom y: S econd E stim ates fo r th e Fourth Q u a rter of 2010
Real GDP increased 2.8 percent after increasing 2.6 percent in the third quarter. Imports turned down,
consumer spending picked up, residential investment turned up, and exports accelerated.
12
N IP A T ran slatio n of th e Fiscal Y e ar 2012 Federal B udget
Every year, BEA prepares federal government estimates that are based on the proposed budget o f the
U.S. government. This analysis is often used to gauge the effect o f the federal budget on U.S econom ic
activity.
22
B EA B riefing
C o m paring N IPA P rofits W ith S& P 500 P rofits
Corporate profits measures from BEA’s national econom ic accounts are compared with S&P 500 profits
measures.
29
G ross D om estic P roduct by M etro politan A rea: A d van ce S tatistics fo r 2009 and
R evised S tatistics fo r 2 0 0 1 -2 0 0 8
Real GDP contracted in 292 o f the nation’s 366 metropolitan areas in 2009, reflecting decreases in
durable-goods manufacturing, construction, and professional and business services. In 2008, real GDP
contracted in 200 areas.
w w w .bea.gov
II
D -1
March 2011
B EA C u rren t and H istorical Data
iii
D ire cto r’s M essage
iv
Taking A cco u n t
B E A ’s W eb S ite and C on tacts (inside back co ver)
S ched ule of U pcom ing N ew s R eleases (b ack cover)
Looking A head
U.S. International Transactions. Statistics for the fourth quarter o f 2010 and for
2010 .
Regional Quarterly Report. State personal income for the fourth quarter o f 2010 and
per capita personal income for 2010.
/'//
March 2011
Director’s Message_____________
C orporate profits m easures from the B ureau o f Econom ic Analy
sis (BEA) are widely followed as an indicator o f the health o f the
business sector, as a tool to help analyze investm ent-related is
sues, and as a com ponent o f national incom e. In this issue o f the
Survey o f C u rre n t B u s in e s s , we com pare BEA corporate profits
m easures w ith various Standard & P oor’s 500 profits m easures,
w hich are also widely followed. T he BEA and S&P m easures dif
fer in purpose, coverage, source data, definitions, and m ethodol
ogies. Generally, the BEA m easures are designed to be m ore
com prehensive; they cover all corporations, including private
corporations and S corporations. These m easures reflect the n a
tional econom ic accounting concept o f “incom e from current
production.” The S&P 500 m easures, on the other hand, reflect
profits for 500 large corporations and are rooted in financial ac
counting concepts.
In this m o n th ’s issue, statistics o n gross dom estic p ro d u ct
(GDP) by m etropolitan areas for 2009 are presented. Real GDP
contracted in 292 o f the nation’s 366 m etropolitan areas.
We also present a translation o f the President’s budget for the
2012 fiscal year into a fram ew ork consistent w ith o u r national
econom ic accounts. This annual translation, w hich researchers
find useful, provides a tool to help gauge how proposed federal
spending m ight affect GDP and o th er measures.
As usual, the m ost recent estim ates o f GDP are presented in an
easy-to-read form at.
J. Steven Landefeld
Director, Bureau o f Econom ic Analysis
iv
March 2011
T a k in g A c c o u n t...
B E A ec o n o m ist looks at
airlin e price strateg ies
The role o f pricing strategies,
w hich can have a profound im
pact o n com panies’ profitability,
has attracted plentiful interest
from econom ists recently. A dd
ing to the literature, Adam H.
Shapiro, an econom ist at the Bu
reau o f Econom ic Analysis
(BEA), M arco C ornia o f Johns
H opkins University, and K risto
p h er S. G erardi o f the Federal
Reserve Bank o f A tlanta have
taken a look at price discrim ina
tio n an d its role in the airline in
dustry.
T heir paper, “Price D iscrim i
n atio n an d Business-Cycle Risk,”
presents evidence th at suggests
price discrim ination by airlines
is highly procyclical and th at the
use o f such pricing strategies has
h ad a p ro fo und im pact on the
entire airline industry.
Price discrim ination is a wellknow n strategy th at airlines and
other com panies em ploy to try
to increase profits. It involves
charging higher prices to con
sum ers w ith a lower price elas
ticity o f d em and or w ith a
higher willingness to pay for
given p roducts or services.
In this m anner, com panies
are able to increase the average
m ark u p o f prices to m arginal
cost an d thus increase their pro f
its. In order for airlines to price
discrim inate, they m u st be able
to identify and separate consum
ers according to their willingness
to pay. They achieve this by of
fering airline tickets w ith various
types o f restrictions so th at con
sum ers
essentially
separate
themselves through the ticket
choices th at they make. This
type o f self selection is referred
to in the econom ic literature as
second-degree price discrim ina
tion.
D uring business cycle boom s,
airlines can m ore easily price
discrim inate am ong their con
sum ers, while in business dow n
turns, such pricing is m uch
m ore difficult. This results in
procyclical m arkups and thus
procyclical airlines profits. In
deed, airlines th at rely m ore
heavily on price discrim ination
strategies, according to the
study, should expect m ore vola
tile profits over business cycles.
Given the large n u m ber o f
bankruptcies in this industry,
there is reason to believe that
airlines are particularly sensitive
to m ovem ents in the business
cycle. However, while several o f
the traditional, legacy airlines
were forced to seek bankruptcy
court protection in recent years,
a group o f low-cost airline carri
ers have been able to stay com
petitive. The success o f these
low-cost carriers has been im
pressive, considering the ex
trem e volatility the industry has
endured in an era o f deregula
tion.
The authors found that the
legacy carriers reliance on price
discrim ination strategies rela
tive to the low-cost carriers were
in fact a m ajor co n trib u to r to
the large n u m ber of b a n k ru p t
cies.
To explore price discrim ina
tion strategies at an airline, the
authors developed a simple th e
oretical m odel o f second-degree
price discrim ination and applied
it to a relatively long panel data
set o f airline ticket prices th at
spanned alm ost two full b usi
ness cycles.
Price discrim ination in any
em pirical analysis tends to be
difficult to identify and m easure.
The authors did n o t have access
to data w ith enough info rm a
tion about consum er and airline
ticket characteristics to identify
precise instances o f price dis
crim ination and to directly
study how price discrim ination
evolved over tim e. Instead, they
adopted the strategy o f the p re
vious literature and used price
dispersion at the airline-route
level as a proxy for price dis
crim ination.
In particular, they looked at
how various m easures o f price
dispersion are correlated w ith
the business cycle, while con tro l
ling for the variation in price
dispersion th at was likely due to
other factors, such as com peti
tion and cost.
A lthough the a u th o r’s em p ir
ical analysis was lim ited to the
airline industry, their m odel in
dicates th at the procyclicality o f
m arkups is likely to occur in
o ther industries as well. In gen
eral, procyclical m arkup varia
tion should occur in industries
in w hich firm s have m arket
pow er and can successfully price
discrim inate.
The paper is available on the
BEA Web site.
1
March 2011
G D P
a n d
th e
E c o n o m
y
S e c o n d E s tim a te s fo r th e F o u rth Q u a rte r o f 2 0 1 0
R
EAL GROSS domestic product (GDP) increased
>2.8 percent at an annual rate in the fourth quarter
o f 2010, according to the second estimates o f the na
tional income and product accounts (NIPAs) (chart 1
and table l ) . 1 The fourth-quarter increase was revised
down 0.4 percentage point from the advance estimate
(see page 9). In the third quarter, real GDP increased
2.6 percent.
The small acceleration in real GDP primarily re
flected a sharp downturn in imports, an acceleration in
consumer spending, an upturn in residential fixed in
vestment, and an acceleration in exports that were
mostly offset by downturns in inventory investment
and in federal government spending, a deceleration in
nonresidential fixed investment, and a downturn in
state and local government spending.2
• Prices o f goods and services purchased by U.S. resi
dents increased 2.1 percent in the fourth quarter (see
page 8). Both energy prices and food prices acceler
ated. Excluding food and energy, gross domestic pur
chases prices increased 1.2 percent after increasing
0.4 percent.
• Real disposable personal income (DPI) increased 1.4
percent, 0.3 percentage point less than in the advance
estimate, after increasing 1.0 percent in the third
quarter (revised). The fourth-quarter acceleration
mainly reflected an acceleration in current-dollar
DPI, which reflected an acceleration in personal
income. (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 o f current-dollar DPI, was 5.4 percent in the
fourth quarter, unrevised from the advance estimate;
in the third quarter, the saving rate was 6.0 percent
(revised).
Chart 1. GDP, Prices, Disposable Personal Income (DPI)
R e a l G D P : P e r c e n t c h a n g e f r o m t h e p r e c e d in g q u a r t e r
6
Seasonally adjusted annual rates
2007
2009
2010
Exports
imports
■
Government spending
-4
-3
Prices of gross domestic purchases
lllllll
11
■
|l
I
i i . l i l l 1 . l— i n . i . l
_ _ l___ I___ I___ I___ I___ I___ I___ I___ I___ I___ L__I___ I___ !___ I___
2007
2008
2010
2009
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.
2008
C o n t r ib u t io n s t o t h e p e r c e n t c h a n g e in r e a l G D P in 2 0 1 0 :1 V
U.S. Bureau of Economic Analysis
GDP and the Economy
2
March 2011
R e a l G D P O v e rv ie w
Table 1. Real Gross Domestic Product and Components
[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
I
II
III
IV
I
II
III
IV
Gross dom estic p ro d u c t1.....
Personal consum ption
expenditures..................................
100.0
3.7
1.7
2.6
2.8
3.7
1.7
2.6
2.8
70.8
1.9
2.2
2.4
4.1
1.33
1.54
1.67
2.88
Goods.........................................
Durable goods.........................
Nondurable goods..................
Services......................................
23.8
7.6
16.1
47.0
5.7
8.8
4.2
0.1
3.4
6.8
1.9
1.6
4.1 9.8
7.6 21.0
2.5 4.8
1.6 1.4
1.29
0.62
0.67
0.03
0.79
0.49
0.31
0.75
0.94
0.54
0.39
0.74
2.20
1.44
0.76
0.68
Gross private dom estic
investm ent......................................
12.1
29.1
26.2
15.0 -22.1
3.04
2.88
1.80 -3 .1 3
Fixed investment.........................
Nonresidential.........................
Structures............................
Equipment and software.....
Residential..............................
12.1 3.3 18.9 1.5
9.8 7 .8 1 7 .2 10.0
2.6 -17.8 -0.5 -3.5
7.2 20.4 24.8 15.4
2.3 - 1 2 .3 25.7 - 2 7 . 3
Change in private inventories.....
0.0
N et exports o f goods and
s e rv ic e s ...........................................
-3 .3
Exports........................................
Goods......................................
Services..................................
Imports........................................
Goods......................................
Services..................................
Governm ent consumption
expenditures and gross
investm ent......................................
Federal........................................
National defense.....................
Nondefense.............................
State and local............................
4.8 0.39 2.06 0.18
5.3 0.71 1.51 0.93
4.5 -0.53 -0.01 -0.09
5.5 1.24 1.52 1.02
2.8 - 0 . 3 2 0.55 -0.75
2.64
0.82
1.61 -3.70
-0.31 -3 .5 0 -1 .7 0
11.4 9.1 6.8 9.6 1.30 1.08 0.82
9.1 14.0 11.5 5.8 11.7 1.09 0.93 0.49
3.9 5.8 3.9 8.9 5.0 0.21 0.15 0.33
1 6 .3
1 1 .2 33.5 1 6 .8 - 1 2 .4 -1.61 -4.58 -2.53
13.5 12.0 40.5 17.4 -14.1 -1.41 -4.46 -2.16
2.8 7.8 4.3 14.2 -3.7 -0.20 -0.12 -0.37
1 3 .0
20.4
-1 .6
3.9
8.3 1.8 9.1
5.6 0.4 7.4
2.7 5.0 12.8
12.1 -3.8 0.6
3.9
0.57
0.51
0.11
0.39
0.06
3.35
1.18 0.99
0.19
2.17
2.07
0.11
-1 .5 -0.3 2
0.80
0.79 -0.31
-0.2 0.15
8.5 -2.1 0.02
9.5 3.7 0.13
0.7 -2.4 -0.48
0.72
0.40
0.32
0.08
0.71 -0.02
0.46 -0.12
0.25 0.10
0.09 -0.29
8 .8
1. The estimates under the contribution columns are also percent changes.
Percent changes are from NIPA table 1.1.1, contributions are from NIRA table 1.1.2, and shares are from
NIPA table 1.1.10.
N o te.
Consumer spending increased 4.1 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 acceleration reflected
pickups in durable and nondurable goods. Services
slowed slightly (see page 3).
Nonresidential fixed investment slowed, mainly re
flecting a slowdown in equipment and software that
was partly offset by an upturn in structures (see page
4).
Residential fixed investment turned up, mainly reflect
ing an upturn in “other” structures.
Inventory investment turned down sharply and sub
tracted 3.70 percentage points from real GDP growth
after adding 1.61 percentage points (see page 5).
Exports picked up, contributing 1.18 percentage
points to real GDP growth after contributing 0.82 per
centage point. The pickup reflected an acceleration in
exports of goods. Exports of services slowed (see page
6 ).
Imports turned down sharply, reflecting downturns in
both goods and services. The largest contributor to the
downturn in goods imports was a downturn in petro
leum and products.
Federal government spending turned down, reflecting
a downturn in defense spending and a slowdown in
nondefense spending (see page 7).
State and local government spending turned down
sharply, mainly reflecting a downturn in investment in
structures.
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 ct1...............
Final sales of domestic product
Change in private inventories....
Goods...........................................
Services........................................
Structures......................................
I
II
III
3.7
1.7
2.6
100.0 1.1 0.9 0.9
0.0
7.4
28.1 19.5 -0.8
65.0 0.0 1.9
1.8
6.9 -15.2 10.6 -7.9
100.0
IV
I
2.8 3.7
6.7 1.09
2.64
7.8 4.90
1.0 0.02
0.2 -1.18
II
III
IV
1.7
2.6 2.8
0.90 0.95 6.49'
0.82 1.61 -3.70
-0.20 1.99 2.14
1.21 1.15 0.63
0.71 -0.58 0.02
Addenda:
Motor vehicle output.........................
GDP excluding motor vehicle output
Final sales of computers..................
GDP excluding final sales of
computers.....................................
2 .2
4 2 .3
-2 .7
97.8 3.0
0.7 19.2
1.8
5.3
3.7
1.7
99.3
25.0 -13.1 0 .7 4 -0.06 0.49 -0.31
2.1
3.2 2.99 1.78 2.07 3.10
6b. 1
61.4 0 .1 0 0.03 0.29 0.30'
2.3
2.5 3.63
1.69 2.2/
2.48
1. The estimates under the contribution columns are also percent changes.
N o t e . Percent changes are from NIRA table 1.2.1, contributions are from NIPA table 1.2.2, and shares are
calculated from NIPA table 1.2.5.
Real final sales of domestic product, real GDP less in
ventory investment, increased 6.7 percent and added
6.49 percentage points to real GDP growth. The
fourth-quarter increase was the largest percent in
crease since the fourth quarter of 1998.
Motor vehicle output turned down, decreasing 13.1
percent after increasing 25.0 percent.
Final sales of computers increased 61.4 percent after
increasing 65.1 percent.
March 2011
3
S u r v e y o f C u r r e n t B u s in e s s
C o n s u m e r S p e n d in g
Table 3. Real Personal Consumption Expenditures (PCE)
[Seasonally adjusted at annual rates]
Share of
currentdollar
PCE
(percent)
Change from
preceding period
(percent)
Contribution to percent
change in real PCE
(percentage points)
2010
2010
2010
IV
I
II
III
IV
I
II
III
IV
P C E '.......................................
100.0
1.9
2.2
2.4
4.1
1.9
2.2
2.4
4.1
G oods ..............................................
33.6
5.7
3.4
4.1
9.8
1.82
1.13
1.34
3.15
Durable g o o d s .........................
10.8
3.6
8.8
-2.6
6.8
6.9
7.6
5.2
21.0 0.88
48.4 -0.08
0.69
0.22
0.77
0.17
2.06/
1.38
2.5
13.9
9.0
5.6
10.1
0.32
0.22
0.14
0.24
3.2
1.5
22.8
12.9
18.8
4.2
9.3
-2.2
1.9
12.2
6.6
2.5
12.1
4.4
4.8
0.39 0.29
0.25 -0.03
0.94 0.44
0.37
0.09
0.56
0.38
0.07
1.09
0.38
0.39
Motor vehicles and parts....
Furnishings and durable
household equipment....
Recreational goods and
vehicles...........................
Other durable goods.........
Nondurable g o o d s ................
Food and beverages for offpremises consumption....
Clothing and footwear........
Gasoline and other energy
goods..............................
Other nondurable goods....
7.7
3.3
3.7
12.0
-2.9
6.4
3.2
-1.1
4.9
12.6
0.29 -0.23 0.24
0.37 0.20 -0.04
3.6
8.1
0.7
3.3
3.0
4.5
0.1
4.4
-3.1
5.3
0.02
0.26
0.10
0.36
0.00 -0.11
0.35 0.43
S e rv ic e s .........................................
66.4
0.1
1.6
1.6
1.4
0.05
1.07
1.05
0.99
63.9
18.2
16.3
2.9
3.7
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
1.4 0.02 0.98
0.0 -0.09 0.20
3.0 -0.06 0.49
2.0 0.10 0.12
0.2 0.00 -0.01
1.03
0.62
0.19
0.11
0.16
0.93
0.00
0.49
0.06
0.01
6.0
6.9
2.5
2.8
2.4
0.17
0.14
7.8
9.0
-2.8
-1.2
1.1
-0.8
-4.7
1.7
2.5 -0.22 0.10 -0.38
0.2 -0.11 -0.07 0.16
0.20
0.02
2.6
10.6
1.2
-0.9
3.4
3.3
1.0
1.2
2.4 0.03
3.2 -0.09
0.09
0.35
0.03
0.12
0.07
0.34
8.0
-1.6
3.3
1.2
3.5 -0.12
0.26
0.10
0.28
Household consumption
expenditures.......................
Housing and utilities..........
Health care.........................
Transportation services
Recreation services...........
Food services and
accommodations............
Financial services and
insurance.......................
Other services...................
Final consumption expendi
tures of NPISHs 2..............
Gross output of NPISHs 3...
Less: Receipts from sales
of goods and services by
NPISHs4........................
0.40
0.15
Spending for goods accelerated sharply, reflecting a
sharp acceleration in spending for durable goods and
a pickup in spending for nondurable goods.
The acceleration in durable goods was primarily due
to a sharp acceleration in motor vehicles and parts.
Spending for furnishings and durable household
equipment also picked up.
The pickup in nondurable goods reflected an upturn
in clothing and footwear and slight pickups in food
and beverages for off-premises consumption and in
“other” nondurable goods. Spending for gasoline and
other energy goods turned down.
Spending for services slowed slightly. Decelerations in
spending for housing and utilities, for recreation ser
vices, and for “other” services were partly offset by an
upturn in financial services and insurance and a
pickup in health care.
Chart 2. Real Personal Consumption Expenditures
Percent change from the preceding quarter
6 ---------------------------------------------------------------------------------
Based on seasonally adjusted annual rates
1. The estimates under the contribution columns are also percent changes.
2. Net of expenses, or gross operating expenses less primary sales to households.
3. Net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world;
excludes own-account investment (construction and software).
4. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the
world; includes membership dues and fees.
N o t e . Percent changes are from NIFft table 2.3.1, and contributions, from NIPA table 2.3.2; shares are calcu
lated from NIPA table 2.3.5.
NPISHs Nonprofit institutions serving households
2007
2008
2009
2010
Contributions to the percent change in consumer spending in 2010:1V
P e rc e n ta g e p o in ts a t a n a n n u a l ra te
U.S. Bureau of Economic Analysis
4
GDP and the Economy
March 2011
P r iv a te F ix e d In v e s t m e n t
Table 4. Real Private Fixed Investment (PFI)
[Seasonally adjusted at annual rates]
Share of
currentdollar
PFI
(percent)
Change from
preceding period
(percent)
Contribution to percent change
in real PFI (percentage points)
2010
2010
2010
IV
I
II
III
IV
I
II
III
IV
Private fixed in v e s tm e n t1
100.0
3.3
18.9
1.5
4.8
3.3
18.9
1.5
4.8
N onresidential...............................
81.4
7.8
17.2
10.0
5.3
6.03
13.92
7.70
4.27
21.6 -1 7 .8
-0 .5
-3 .5
4.5
0.14 -0 .7 7
0.97
S tru ctu res ..................................
4.9 -28.5 -18.0 -11.4 -14.4
2.0 -43.8 -18.3 -39.4 -29.8
5.1 -33.7 -7.1 -26.6 81.9
-4 .5 2
-2.05 -1.07 -0.63 -0.78
-1.74 -0.53 -1.20 -0.75
-2.14 -0.35 -1.41 2.86
6.6 93.4 58.2 64.4 5.0 3.18 2.67 3.04 0.32
3.1 -36.0 -16.0 -15.4 -19.4 -1.78 -0.59 -0.56 -0.68
59.7
20.4
24.8
15.4
5.5
10.55
13.79
8.46
3.30
34.0
8.4
15.3
OO
oo
Commercial and health care
Manufacturing......................
Power and communication
Mining exploration, shafts,
and wells..........................
Other structures 2 ..............
11.5
2.70
5.10
2.82
3.71
5.6 4.8
16.2 9.2
12.1
8.8
9.5 0.2
6.5 173.9
9.7 32.7
45.2 1.3 1/.9
8.1 9.8 7.7
13.0 11.1 13.8
44.2 6.9 10.9
74.8 64.4 -25.4
16.2 19.4 6.1
0.25
1.43
1.02
0.02
5.25
2.59
2.17
1.34
1.59
3.48
3.62
1.58
0.0/ 0.93
1.50 1.21
1.25 1.57
0.62 0.98
3.33 -1.98
1.70 0.59
R esidential......................................
18.6 -1 2 .3
25.7 -2 7 .3
2.8
-2 .6 9
4.95 -6.2 1
0 .5 3 '
S tru ctu res ..................................
18.1 -1 2 .8
26.2 -2 8 .0
2.6
-2 .7 5
4.90 -6 .2 2
0.49
Equipm ent and s o ftw a re ......
Information processing
equipment and software
Computers and
peripheral equipment...
Software 3........................
Other 4.............................
Industrial equipment...........
Transportation equipment....
Other equipment5..............
Permanent site...................
Single family....................
Multifamily........................
Other structures 6..............
E q u ip m e n t.................................
6.7
1.2 13.5 -23.6 -14.8
0.09
1.06 -1.96 -1.10
5.9 19.3 22.4 -26.3 -16.4
1.18 1.45 -1.99 -1.10
0.8 -64.9 -38.2 4.2 -0.5 -1.09 -0.39 0.03 0.00
3.84 -4.26 1.59
11.4 -20.7 34.8 -30.5 14.9 -2.84
0.5
11.2
8.3
2.4
8.5
0.06
0.04
0.01
The deceleration in nonresidential fixed investment
reflected a deceleration in equipment and software
that was partly offset by an upturn in structures.
The upturn in structures reflected an upturn in power
and communication and a smaller decrease in m anu
facturing that were partly offset by decelerations in
mining exploration, shafts, and wells and larger de
creases in commercial and health care and in “other”
structures.
The deceleration in equipment and software mainly
reflected a downturn in transportation equipment
and a slowdown in “other” equipment. In contrast, in
formation processing equipment and software and in
dustrial equipment picked up.
The upturn in residential fixed investment mainly re
flected an upturn in “other” structures, specifically in
brokers’ commissions and in improvements.
Chart 3. Real Private Fixed Investment
Percent change from the preceding quarter
20
0.04
1. The estimates under the contribution columns are also percent changes.
2. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recre
ational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
3. Excludes software “embedded,” or bundled, in computers and other equipment.
4. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photo
copy and related equipment, and office and accounting equipment.
5. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and
oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
6. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures,
and brokers’ commissions on the sale of residential structures.
N o t e . Percent changes are from NIPA table 5.3.1, contributions are from NIPA table 5.3.2, and shares are
calculated from NIPA table 5.3.5.
Private fixed investment accelerated in the fourth
quarter, increasing 4.8 percent after increasing 1.5 per
cent. An upturn in residential fixed investment was
partly offset by a deceleration in nonresidential fixed
investment.
Based on seasonally adjusted annual rates
10
I ___ I.___ ).___ J.___ J.
I l l
-1 0
I
I
-2 0
-3 0
J___ L
-4 0
2007
2008
J _____ I____ L
2009
2010
Contributions to the change in real private fixed investment in 2010:1V
P e rc e n ta g e p o in ts a t a n a n n u a l ra te
U.S. Bureau of Economic Analysis
March 2011
5
S u r v e y o f C u r r e n t B u s in e s s
In v e n to ry In v e s tm e n t
Table 5. Change in Real Private Inventories by Industry
Real inventory investment decreased $114.3 billion,
reflecting a much smaller accumulation in the fourth
quarter than in the third quarter. The largest contribu
tors to the fourth-quarter decrease were retail trade,
wholesale trade, and manufacturing industries.
[Billions of chained (2005) dollars; seasonally adjusted at annual rates]
Change from
preceding quarter
Level
2009
IV
C hange in private inventories 1
-36.7
2010
I
II
44.1
68.8
2010
III
121.4
IV
I
7.1 80.8
II
III
IV
24.7 52.6 - 1 1 4 .3 /
Farm........................................................
6.4
7.6
7.8
5.1
1.3
1.2
0.2 -2 .7
Mining, utilities, and construction....
-1 5 .7
-1 0 .4
4.3
-2 .6
-0 .2
5.3
14.7 -6 .9
Manufacturing......................................
-4 .6
21.0
Durable-goods industries.............
Nondurable-goods industries......
-2 0 .0
13.8
8.9
11.9
-3 .4
22.1
-2 4 .4
29.6
18.5
11.1
23.3 25.6 -2 4 .4 33.0
16.0 28.9 13.2 -3 .6
7.4 -1 .9 -3 6 .3 35.5
Wholesale tra d e ..................................
Durable-goods industries.............
Nondurable-goods industries......
-8 .7
-2 4 .9
13.9
13.2
8.3
4.9
31.2
11.4
19.0
57.3
28.3
28.3
8.4 21.9
21.0 33.2
-9 .8 -9 .0
18.0 26.1
3.1 16.9
14.1 9.3
-4 8 .9
-7 .3
-38.1
Retail trade............................................
Motor vehicle and parts dealers
Food and beverage stores............
General merchandise stores
Other retail stores...........................
-8 .8
6.2
-2 .9
-1 .0
-1 0 .3
12.6
11.9
1.1
-0 .2
0.3
24.9
16.6
-0 .9
4.4
5.6
28.7 -29.1 21.4
23.7 -3 0 .8 5.7
0.3 -1 .6
4.0
2.1
3.0 0.8
3.5 -1 .2 10.6
12.3 3.8
4.7 7.1
- 2 .0
1.2
4.6 -2 .3
5.3 -2.1
-5 7 .8
Other industries...................................
-6 .0
-0 .2
3.9
2.1
1.2
4.1 -1 .8
-0 .9
R esidual2 .............................................
3.8
0.0
-1 .0
1.0
0.8
Addenda: Ratios of private
inventories to final sales of
dom estic b u sin e s s :3
Private inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales
of goods and structures
5.8
-3 .8
2.4
-6 .3 '
-2 .5
-3 .7
-5 4 .5
-1 .9
0.9
-4 .7
Inventory investment in manufacturing industries de
creased $6.3 billion. The decrease reflected smaller ac
cumulations in both nondurable-goods and durablegoods industries.
Inventory investment in wholesale trade industries de
creased $48.9 billion as a result of a drawdown in nondurable-goods industries after a large third-quarter
accumulation and a smaller accumulation in durablegoods industries in the fourth quarter.
Inventory investment in retail trade industries de
creased $57.8 billion, mainly reflecting a large draw
down in motor vehicle and parts dealers.
The ratio of private inventories to final sales decreased
to 2.33.
2.32
2.11
2.33
2.11
2.35
2.13
2.39
2.17
2.33
2.11
3.92
3.91
3.96
4.04
3.88
1. The levels are from NIPA table 5.6.6B.
2. The residual is the difference between the first line and the sum of the most detailed lines.
3. The ratios are from NIPA table 5.7.6B.
N o t e . The chained-dollar series are calculated as the period-to-period change in end-of-period inventories.
Quarterly changes are stated at annual rates. Because the formula for the chain-type quantity ixuses weights of
more than one period, chained-dollar estimates are usually not additive.
Chart 4. Real Private Inventory Investment
Change from the preceding quarter
Billions of chained (2005) dollars
100
-1 0 0
-1 2 5
2007
2008
2009
2010
Composition of change in inventory investment in 2010:1V
!
■
Farm
1
Mining, utilities, and construction
Inventory Investment
This article presents an expanded overview of inventory
investment in the box on page 10. The overview discusses
fundamental concepts about inventory movements and
includes numerical examples of how inventory investment
relates to the level of GDP and how the change in inventory
investment relates to the change in GDP, or GDP growth.
Manufacturing
Wholesale trade
Retail trade
1
-6 0
-5 0
-4 0
U.S. Bureau of Economic Analysis
-3 0
Other industries
-2 0
-1 0
10
GDP and the Economy
6
March 2011
Exports and Im ports
Table 6. Real Exports and Imports of Goods and Services
[Seasonally adjusted at annual rates]
Share of
currentdollar
exports
and
imports
(percent)
Change from
preceding period
(percent)
Contribution to
percent change in
real exports and imports
(percentage points)
2010
2010
2010
IV
I
II
III
IV
I
II
III
Exports of goods and services picked up in the fourth
quarter, reflecting an acceleration in exports of goods.
Exports of services slowed.
IV
E xports o f goods and
services 1............................
100.0
11.4
9.1
6.8
9.6
11.4
9.1
6.8
9.6'
Exports o f g oods 2.....................
70.1
14.0
11.5
5.8
11.7
9.53
7.91
4.09
8 .0 7 '
6.4 -0.9 -32.2
Foods, feeds, and beverages
Industrial supplies and
materials..............................
Capital goods, except
automotive...........................
Automotive vehicles, engines,
and parts.............................
Consumer goods, except
automotive...........................
Other.......................................
24.1
48.0
0.00 -2.12
1.18
2.41
21.8
19.2
17.3 -3.0
14.1
3.63
3.45 -0.62
2.91
24.0
15.1
19.1
13.5
10.3
3.60
4.34
3.17
2.50
19.5 -6.4
7.4
1.92
1.14 -0.40
0.44
5.9 35.9
9.0 11.0 -4.6
3.0 -17.5 53.9
Exports of services 2..................
29.9
5.8
3.9
Im ports of g oods and
services 1.............................
100.0
11.2
Im ports of g oods 2 .....................
83.0
12.0
Foods, feeds, and beverages
Industrial supplies and
materials, except petroleum
and products.......................
Petroleum and products.........
Capital goods, except
automotive...........................
Automotive vehicles, engines,
and parts.............................
Consumer goods, except
automotive...........................
Other.......................................
3.9
18.0
Im ports of services 2..................
10.3 30.1
14.8 -3.4
19.6
7.2 18.5 1.03 -0.40
3.6 -42.0 -0.64
1.49
0.63
0.13
1.57
-1.77
5.0
1.84
33.5
16.8 -1 2 .4
11.20
33.50 16.80 -1 2 .4 0 -
40.5
17.4 -14.1
9.81
32.50 14.41 -11 .79 v
5.4 -0.6 -14.7
0.68
0.32
31.5 0.6 -16.8 2.82
78.6 43.6 -55.7 -0.53
3.46
10.32
8.9
1.21
2.67
0.01
-0.58
0.16 -1.82
5.70 -11.48
15.5 49.0
16.4
8.7
2.76
8.49
3.22
1.68
69.9
15.6 -17.9
1.10
5.66
1.52
-1.84
20.6 7.7 25.3
4.3 35.7 -24.2
18.1 -2.1
1.9 92.2
1.69 5.27
1.30 -1.01
3.69
0.11
-0.37
2.62
17.0
4.3
14.2
-3 .7
1.40
2.41
- 0 .5 9 '
7,1
14 6 -3? 4
141
45.0
63.1
13 9 17.1
5.1
8.7
68.2
1SM 32.9
7.8
0.95
The slowdown in exports of services primarily re
flected a slowdown in travel, a downturn in transfers
under U.S. military agency sales contracts, and slow
downs in other private services and in passenger fares.
In contrast, other transportation turned up.
1 .5 3 /
12.1
9.5
The acceleration in exports of goods reflected an up
turn in industrial supplies and materials and accelera
tions in foods, feeds, and beverages and in
nonautomotive consumer goods, and an upturn in
automotive vehicles, engines, and parts. In contrast,
“other” exports turned down and nonautomotive cap
ital goods slowed.
Imports of goods and services turned down, reflecting
downturns in imports of both goods and services.
The downturn in imports of goods was widespread
among most categories of goods. The largest contribu
tor was a downturn in petroleum and products. In
contrast, “other” imports of goods accelerated.
The downturn in imports of services was also wide
spread among most categories of services. In contrast,
royalties and license fees picked up.
Addenda:
Exports of agricultural goods 3
Exports of nonagricultural
goods ..................................
Imports of nonpetroleum
goods ..................................
1? 3 -1.0
1. The estimates under the contribution columns are also percent changes.
2. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal
government, are included in services.
3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondu
rable nonautomotive consumer goods.
N o t e . Percent changes are from NIPA table 4.2.1, contributions are from NIPA table 4.2.2, and shares are
calculated from NIPA table 4.2.5.
Chart 5. Real Exports and Imports of Goods
and Services
Percent change from the preceding quarter
U.S. Bureau of Economic Analysis
March 2011
7
S u r v e y o f C u r r e n t B u sin e s s
G o v e r n m e n t S p e n d in g
Table 7. Real Government Consumption Expenditures
and Gross Investment (CEGl)
[Seasonally adjusted at annual rates]
Share of
currentdollar
CEGl
(percent)
Change from
preceding period
(percent)
Contribution to percent
change in real CEGl
(percentage points)
2010
2010
2010
IV
G overnm ent consum ption expen
ditures and gross in v e s tm e n t1
Consumption expenditures
Gross investment.......................
100.0
I
-1 .6
82.8 -0.2
17.2 -8.2
II
III
3.9
3.9
IV
I
-1 .5
-1 .6
II
III
3.9
3.9
IV
-1 .5
2.5 2.7 -2.0 -0.14 2.13 2.23 -1.67
11.3 10.2 0.9 -1.44 1.82 1.68 0.15
F e d e ra l....................................................
40.8
1.8
9.1
8.8
-0 .2
0.73
3.56
3.48 -0 .0 9
National d e fe n s e ............................
27.4
0.4
7.4
8.5
-2.1
0.10
1.96
2.26 -0 .5 8
Consumption expenditures
Gross investment.......................
23.2
4.2
0.3 5.4
0.7 20.4
8.8 -6.6 0.07 1.23 2.01 -1.58
6.3 27.7 0.03 0.73 0.25 1.00
N ondefense.......................................
13.4
5.0
9.5
Consumption expenditures
Gross investment.......................
State and lo c a l......................................
Consumption expenditures...........
Gross investment..........................
12.8
3.7
11.7 2.9 12.2 8.1
1.8 20.8 17.2 19.4
59.2
-3 .8
0.6
0.7
1.22
0.48
3.0 0.33 1.33 0.91
8.3 0.30 0.27 0.31
0.63
0.34
0.14
-2 .4 -2.31
1.60
0.39
Government spending turned down in the fourth
quarter, reflecting downturns in both federal govern
ment spending and state and local government spend
ing.
The downturn in federal government spending re
flected a downturn in national defense spending and a
slowdown in nondefense spending. Within national
defense, a downturn in consumption expenditures
was partly offset by a pickup in gross investment.
The downturn in state and local government spending
mainly reflected a downturn in gross investment in
structures.
0.43 -1 .4 3
47.9 -1.1 -0.9 -1.4 -0.9 -0.54 -0.44 -0.69 -0.44
11.2 -14.4 7.5 10.2 -8.3 -1.77 0.83 1.12 -0.99
1. The estimates under the contribution columns are also percent changes.
N o t e . Percent changes are from NIPA table 3.9.1, contributions from NIPA table 3.9.2, and shares are calcu
lated from NIPA table 3.9.5.
Chart 6. Real Government Consumption
Expenditures and Gross Investment
Percent change from the preceding quarter
8
Based on seasonally adjusted annual rates
Government Spending
“Government consumption expenditures and gross invest
ment,” or “government spending,” consists of two compo
nents: (1) consumption expenditures by federal government
and by state and local governments and (2) gross investment
by government and government-owned enterprises.
Government consumption expenditures consists of the
goods and services that are produced by general government
(less any sales to other sectors and investment goods pro
duced by government itself). Governments generally pro
vide services to the general public without charge. The value
of government production—that is, government’s gross out
put— is measured as spending for labor and for intermediate
goods and services and a charge for consumption of fixed
capital (which represents a partial measure of the services
provided by government-owned fixed capital).
Gross investment consists of new and used structures
(such as highways and dams) and of equipment and soft
ware purchased or produced by government and govern
ment-owned enterprises.
Government consumption expenditures and gross invest
ment excludes current transactions of government-owned
enterprises, current transfer payments, interest payments,
subsidies, and transactions in financial assets and nonpro
duced assets, such as land.
-2
-4
J___ I___ L
J___ I___ L
J___ I___ L
2007
2008
2009
2010
Contributions to the percent change in government spending in 2 01 0 :1 V
ational def< nse spend ng
Nondefens 3 spending
State and: local government spending
-2
-1 .5
-1 .0
-0 .5
o
Percentage points at an annual rate
U.S. Bureau of Economic Analysis
0 .5
1.0
GDP and the Economy
8
March 2011
Prices
Table 8. 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...........................................................
Energy goods and services.......................
Excluding food and energy........................
“Market-based” PCE.................................
Excluding food and energy...................
Gross domestic product................................
0.0
0.8
0.9
1.8
-3.6
-
1.6
-
2.2
-
3.4
2.2
2.1
2.4
0.7
6.2
-0 .7
-0.7
0.5
2.5 - 0.22 -0 .0 9
0.06
0.1
0.2
1.2 -0.16 -0.08
0.02
-
2.0
0.8
-3.2
2.9
0.8
- 0.1
-
1.1
1.3
1.3
15.2 -17.4
1.6
0.8
1.8
1.6
16.4 -17.5
1.2
-
1.0
0.2
1.0
1.9
Consumer prices picked up, contributing 1.25 per
centage points to the increase in gross domestic pur
chases prices after contributing 0.53 percentage point.
The pickup mainly reflected a sharp acceleration in
gasoline and other energy goods.
0.8 -0.18
-
0.00 0.02
3.6 0.02 0.05 0.07
0.2 - 0.20 -0.05 -0.05
3.0 0.01 -0.08 0.00
-0.06 - 0.01 0.05
0.89
0.35
0.28
0.07
0.54
1.0
0.7
1.43 -0 .0 3 0.53
0.57 -0.83 0.21
-0.15 - 0.11 -0.16
0.72 -0.72 0.37
0.85 0.80 0.32
-4.6
1.8
0.0
1.7
0.7
0.1
2.7
26.4
1.2
0.17
0.07
0.06
0.07
0.04
0.03
0.01
0.10
0.01
0.07
0.58 -0.73
1.45 0.72
0.06
0.19
0.40
0.07
Prices paid by U.S. residents, as measured by the gross
domestic purchases price index, accelerated in the
fourth quarter, increasing 2.1 percent after increasing
0.7 percent. Consumer prices and prices paid by gov
ernment were the main contributors to the accelera
tion.
Prices paid for nonresidential fixed investment picked
up slightly.
Prices paid for residential investment turned up, in
creasing 3.0 percent after decreasing 0.1 percent.
0.03
0.15
0.93
1.06
1.4
24.3
0.5
1.9
0.4
0.4
1. The estimates under the contribution columns are also percent changes
N o t e . 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.
Prices paid by government picked up, reflecting accel
erations in prices paid by both the federal government
and state and local government. The acceleration in
prices paid by state and local government reflected an
acceleration in petroleum prices.
Consumer prices excluding food and energy, a mea
sure of the “core” rate of inflation, increased 0.5 per
cent, the same rate as in the third quarter.
The GDP price index increased 0.4 percent in the
fourth quarter, 1.7 percentage points less than the per
cent change in the price index for gross domestic pur
chases, reflecting a larger increase in import prices
(18.6 percent) than in export prices (8.2 percent).
Note on Prices
BEA’s gross domestic purchases price index is the most com
prehensive index of prices paid by U.S. residents for all
goods and services, regardless of whether those goods and
services were produced domestically or imported. It is
derived from prices of consumer spending, private invest
ment, and government spending.
The GDP price index measures the prices of goods and
services produced in the United States, including the prices
of goods and services produced for export.
The difference between the gross domestic purchases
price index and the GDP price index reflects the differences
between imports prices (included in the gross domestic pur
chases index) and exports prices (included in the GDP price
index). For other measures that are affected by import and
export prices, see the dollar depreciation FAQ Answer ID
498 on BEA’s Web site.
Chart 7. Gross Domestic Purchases Prices
Percent change from the preceding quarter
6
4
2
o
-2
-4
-6
■ Total
H e s s food and energy
__ I___i___i___I___I___ i___i___i___I___i___I___ I___I___I___
2007
2008
2009
2010
N o te . Percent change at annual rates; based on seasonally adjusted index
numbers (2005=100).
U.S. Bureau of Economic Analysis
March 2011
9
S u r v e y o f C u r r e n t B u sin e s s
R evisions
Table 9. Advance and Second Estimates for the Fourth Quarter of 2010
[Seasonally adjusted at annual rates]
Contribution to percent
change in real GDP
(percentage points)
Change from
preceding quarter
(percent)
Ad
Second
vance
Second
Second
Ad
Second minus
minus
vance
advance
advance
Gross domestic product (GDP)1..............
3.2
2.8
-0 .4
3.2
2.8
-0 .4 '
Personal consumption expenditures..............
Goods................................................................
Durable goods..............................................
Nondurable goods........................................
Services...........................................................
Gross private domestic investment................
Fixed investment..............................................
Nonresidential..............................................
Structures.................................................
Equipment and software..........................
Residential....................................................
Change in private inventories..........................
Net exports of goods and services.................
Exports............................................................ .
Goods...........................................................
Services........................................................
Imports.............................................................
Goods...........................................................
Services.......................................................
Government consumption expenditures and
gross investment..........................................
Federal.............................................................
National defense...........................................
Nondefense..................................................
State and local................................................
Addenda:
Final sales of domestic product......................
Gross domestic purchases price index..........
GDP price index..............................................
4.4
10.1
21.6
5.0
1.7
-2 2 .5
4.2
4.4
4.1
9.8
21.0
4.8
1.4
-22.1
4.8
-0 .3
-0 .3
-0 .6
-0 .2
-0 .3
0.4
0.6
3.04
2.26
1.48
0.78
0.78
-3 .2 0
0.50
2.88
2.20
1.44
0.76
0.68
-3 .1 3
0.57
- 0 .1 6 ,
-0 .0 6
-0 .0 4
-0 .0 2
-0 .1 0
0.07
0.07
5.3
4.5
5.5
2.8
0.9
3.7
-0 .3
-0 .6
0.43
0.02
0.41
0.08
0.51
0.08
0.11
0.39
0.06
0.09
-0 .0 2
-0 .0 2
-3 .7 0
3.44
1.04
-3 .7 0
3.35
1.18
0.99
0.19
2.17
2.07
0.11
0.00
-0 .0 9
0.1 4 0.14
0.00
0.8
5.8
3.4
8.5
10.0
5.1
-1 3 .6
-1 5 .5
-3 .8
9.6
11.7
5.0
-1 2 .4
-14.1
-3 .7
1.1
1.7
- 0.1
0.1
2.40
2.29
0.11
-0 .6
-0 .2
-2 .0
3.7
-0 .9
-1 .5
-0 .2
-2.1
3.7
-2 .4
-0 .9
0.0
-0.1
0.0
-1 .5
-0.11
-0.01
-0.11
0.10
-0 .1 0
-0.31
-0 .0 2
-0 .1 2
0.10
-0 .2 9
-0 .2 0
-0.01
-0.01
0.00
-0 .1 9 .
7.1
2.1
0.3
6.7
2.1
0.4
-0 .4
6.87
6.49
-0 .3 8
1.2
1.4
0.85
0.19
- 0 .2 3 ,
-0 .2 2
0.00
The downward revision to consumer spending was to
both services and goods. The largest contributors to
the revision were electricity and gas services, recre
ational goods and vehicles, and food services and ac
comodations.
The upward revision to exports was more than ac
counted for by exports of goods. In exports of goods,
the largest contributors to the revision were “other”
nonautomotive capital goods and civilian aircraft, en
gines, and parts.
The upward revision to imports was to imports of
goods. In imports of goods, the largest contributor to
the revision was “other” imports of goods.
The downward revision to state and local government
spending was primarily to gross investment for struc
tures.
0.0
0.1
1. The estimates under the contribution columns are also percent changes.
Personal Income for the Third Quarter of 2010
With the release of the second estimates of GDP, BEA also
releases revised estimates of various income-related mea
sures for the previous quarter. This revision reflects the
incorporation of newly available third-quarter tabulations
from the Quarterly Census of Employment and Wages from
the Bureau of Labor Statistics.
Wage and salary disbursements increased $54.9 billion, an
upward revision of $2.9 billion. Personal current taxes
increased $29.1 billion, an upward revision of $0.5 billion.
Contributions for government social insurance, which is
subtracted in calculating personal income, increased $8.3
billion, an upward revision of $0.4 billion.
As a result of these revisions,
• Personal income increased $78.4 billion, an upward revi
sion of $2.7 billion.
• Disposable personal income increased $49.3 billion, an
upward revision of $2.2 billion.
• Personal saving decreased $23.3 billion, an upward revi
sion of $2.3 billion.
• The personal saving rate was 6.0 percent, an upward revi
sion of 0.1 percentage point.
The second estimate of the fourth-quarter increase in
real GDP is 0.4 percentage point less than the advance
estimate, primarily reflecting an upward revision to
imports and downward revisions to state and local
government spending and to consumer spending that
were partly offset by an upward revision to exports.
The average revision (without regard to sign) between
the advance estimate and the second estimate is 0.5
percentage point.
Source Data for the Second Estimates
Personal consumption expenditures: retail sales for October,
November, and December (revised). Motor vehicle registra
tions for December (new). Retail electricity sales and unit
value data for November (revised) and December (new) and
natural gas sales and unit value data for October (revised)
and November (new) from the Energy Information Admin
istration.
Nonresidential fixed investment: construction spending
(value put in place) for October and November (revised)
and December (new). Manufacturers’ shipments (M3) of
machinery and equipment for November and December
(revised). Exports and imports for October and November
(revised) and December (new).
Residential fixed investment: construction spending (value
put in place) for October and November (revised) and
December (new).
Change in private inventories: manufacturers’ inventories
for October, November, and December (revised) and trade
inventories for October and November (revised) and
December (new).
Exports and imports of goods and services: international
transactions for October and November (revised) and
December (new).
Government consumption expenditures and gross invest
ment: state and local construction spending (value put in
place) for October and November (revised) and December
(new).
10
GDP and the Economy
March 2011
Inventory Investm ent
The change in private inventories, or inventory investment, is a
measure of the value of the change in the physical volume of
inventories— additions less withdrawals— that businesses
maintain to support production and distribution activities.
Firms hold inventories in order to smooth production pro
cesses, to protect against poor quality, to allow for long setup
times in the production process, and to allow for uncertainties
in deliveries from suppliers and in demand from customers.
Therefore, additions to inventories are a form of investment by
the firm, and like other types of investment, positive inventory
investment represents an increase in the nation’s wealth and
expands the nation’s capacity for consumption in future peri
ods.
Inventory investment measures the flow (or change) in the
stock of inventories that businesses hold over a specified
period, whether the goods were produced or acquired in that
period or in previous periods. Inventories may include materi
als and supplies, work-in-process goods, and finished goods.
For example, auto manufacturers hold inventories of raw
materials and auto dealers maintain inventories of autos and
parts, to meet the varied requirements of customers.
Inventory investment is a key component of gross domestic
product (GDP), which aims to measure output from current
production. Inventory investment is also one of the most vola
tile components of GDP, giving it an important role in shortrun variations in GDP growth. It plays a key role in the timing,
duration, and magnitude of business cycles, as unanticipated
buildups in inventories may signal future cutbacks in produc
tion, and unanticipated shortages in inventories may signal
future pickups in production.
In measuring GDP, other components, such as consumer
spending and fixed investment, record final sales in the current
period, but these sales may involve goods that were produced,
or at least partly produced, in earlier periods. The measure
ment of the movement of goods into and out of inventory pro
vides a way to allocate production to the period in which it
actually occurred.
Thus, GDP can also be seen as the sum of final sales of
domestic product and the change in private inventories. To
include the value of currently produced goods that are not yet
sold and to exclude the value of goods produced in previous
periods, change in private inventories must be included in the
GDP calculation.
In measuring the level of GDP, the change in, but not the
level of, inventories provides the appropriate measure of eco
nomic activity that is consistent with that measured by the
other GDP components. A positive value of inventory invest
ment indicates that total production exceeded the sum of the
final sales components of GDP and that the excess production
was added to inventories. A negative value of inventory invest
ment indicates that sales exceeded production and were filled
by drawing down inventories.
The auto manufacturing example in table A illustrates this.
At the beginning of period I, an auto manufacturer has
$10,000 of steel and other materials and supplies in inventory
that it will use as inputs to produce an automobile. In period I,
the manufacturer uses these materials and supplies from
inventory and its own resources (such as labor) to produce the
automobile. The value of the materials and supplies used
($10,000) is subtracted from those inventories, and the value
of the produced automobile ($20,000) is added to the finished
goods inventory. The total change in inventories is $10,000,
and this amount, which represents production, or value
added, is added to GDP in this period.
Table A. Change in Inventories and Gross Domestic Product
[Billions of dollars]
Auto manufacturer
Period
1
II
III
Materials and
supplies
Auto dealer
Finished
goods
-10,000
GDP
Goods
for sale
20,000
-2 0 ,0 0 0
Sales
10,000
20,000
-2 0,000
22,000
2,000
In period II, the manufacturer ships the finished auto to an
auto dealer. The value of the manufacturer’s inventory of fin
ished goods decreases $20,000 and the value of the dealer’s
inventory of autos for sale increases $20,000. GDP is not
affected. In period III, the dealer sells the auto to a consumer
for $22,000. The dealer’s inventory declines $20,000. GDP
increases $2,000, as consumer spending increases $22,000 and
inventory investment decreases $20,000. The $2000 increase in
GDP represents the value added by the dealer in the form of
retail margin.
As a result of this accounting for inventories, the process of
assembling the materials and supplies into a finished automo
bile is recorded in period I, when it actually occurred, rather
than in period III, when the final sale occurred. Similarly, the
value added by steel manufacturers and other producers of the
materials and supplies that were used as inputs in period I
would have been recorded in earlier periods when those goods
were produced.
In measuring the change in GDP, the change in inventory
investment is the relevant measure. As table B shows, invento
ries may contribute to an increase in GDP (1) by accumulating
in the current period after decumulating in the preceding
period, (2) by accumulating more in the current period than
in the preceding period, or (3) by decumulating less in the cur
rent period than in the preceding period. (The converse for
each of these cases would apply to a contribution to a decrease
in GDP.)
Table B. Change in Inventory Investment and Gross Domestic Product
Inventory
investment
(flow)
Level of inventories
(stock)
I
II
III
II
Contribution of the change in
inventory investment to the
change in GDP
III
III
1
500
2
500
510
530
10
20
10
3
500
485
480
-1 5
-5
10
495
500
-5
5
10
More information on the methodology used to develop
BEA’s inventory estimates is found in “Change in Private
Inventories” in the NIPA Handbook.
E
SURVEY OF CURRENT BUSINESS
In This Issue . . .
NIPA Transla tion o f the Fiscal Year 2011 Federal Budget
Preview o f the 2 0 1 0 Com prehensive Revision
o f the Annual Industry Accounts
BEA
BUREAUOFECONOMICANALYSIS
US. DEPARTMENTOFCOMMERCE
CCONOMCSAHOSTATISTICSADMWBTMTK*
ine S urvey df C urrent B u sin ess
The most recent articles
Links to interactive
ssues
Keyword search
12
March 2011
N IP A T r a n s l a t i o n o f t h e F is c a l Y e a r 2 0 1 2
F e d e ra l B u d g e t
By M ark S. Ludwick and Andrea L. Cook
O
N FEBRUARY 14, 2011, President O bam a sub
m itted the Budget o f the United States Govern
ment, Fiscal Year 2012 to Congress. The Analytical
Perspectives volum e o f this budget includes a presenta
tion o f federal governm ent transactions in the national
incom e and p ro d u ct accounts (NIPAs) for fiscal years
2001 th ro u g h 2012. These fiscal year estim ates p re
pared by the Bureau o f Econom ic Analysis (BEA) are
consistent w ith the projected and proposed receipts
and outlays defined in the budget for the cu rrent fiscal
year o f 2011 and for the budget year o f 2012, as tran s
lated into the fram ew ork o f the NIPAs. They are in
cluded in the federal budget to assist readers in
gauging the im pact o f the budget on aggregate eco
nom ic activity. BEA also provides the Office o f M an
agem ent and Budget w ith fiscal year gross dom estic
p ro d u ct (GDP) statistics, w hich are shown in the His
torical Tables volum e o f the budget.
This article presents NIPA estim ates for fiscal years
2010, 2011, and 2012 th at are m ore detailed th an the
com parable estim ates show n in the budget, and it in
cludes a presentation o f projected quarterly estimates.
These projections are used by BEA in the developm ent
o f quarterly NIPA estim ates o f federal governm ent
transactions, including estim ates o f the federal govern
m ent com ponent o f GDP. The estim ates prepared for
the budget year also allow data users to m ake m ore de
tailed analyses o f the m acroeconom ic effects o f the
budget and provide econom ic forecasters w ith source
data for their m odels.
The results of the budget translation can be su m m a
rized by com paring the budget surplus or deficit to the
NIPA m easure o f net federal governm ent saving (chart
1, table 1). For fiscal years 2011 and 2012, net federal
governm ent saving is negative b u t sm aller in absolute
value th an the budget deficit. N et federal governm ent
saving for fiscal year 2012 is -$1,046.6 billion, $474.1
billion m ore th an the fiscal year 2011 value o f
-$1,520.7. The budget deficit for fiscal year 2012 is
-$1,101.2 billion, $543.9 billion m ore than the fiscal
year 2011 value o f -$1,645.1.
Table 1. Budget Receipts and Outlays and NIPA Federal Government
Current Receipts and Expenditures
[Billions of dollars]
Level for fiscal year
Actual
2010
Budget:
Receipts........................................................
Outlays..........................................................
Surplus or deficit ( - ) ...............................
NIPAs:
Current receipts...........................................
Current expenditures..................................
Net federal government saving.............
Estimates
2011
2012
Change from
preceding fiscal year
2011
2012
2,162.7
2,173.7 2,627.4
3,456.2
3,818.8 3,728.7
-1,293.5 -1,645.1 -1,101.2
11.0
362.6
-351.6
453.7
-90.1
543.9
2,355.5 2,400.8 2,846.1
3,660.7 3,921.6
3,892.8
-1,305.1 -1,520.7 -1,046.6
45.3
260.9
-215.6
445.3
-28.8
474.1
Differences
Budget receipts less NIPA current receipts
Budget outlays less NIPA current
expenditures............................................
Budget deficit less NIPA net federal
government saving............................
-192.8
-227.1
-218.7
-34.3
8.4
-204.5
-102.8
-164.1
101.7
-61.3
11.6
-124.4
-54.6
-136.0
69.8
Sources: Budget of the United States, Fiscal Year 2012 and the Bureau of Economic Analysis.
NIPAs National income and product accounts
March 2011
The rem ainder o f this article consists o f four sec
tions. The first section com pares budget receipts and
outlays to NIPA receipts and expenditures, showing the
various adjustm ents m ade to translate budget estimates
into NIPA estimates. The second section sum m arizes
the budget and reviews the effects o f m ajor legislative
proposals and program changes. The third section p re
sents detailed annual and quarterly NIPA estimates for
fiscal years 2011 and 2012. The fourth section explains
the m ethodology that was used in translating the b u d
get projections into a NIPA framework.
C o m parison of B udget
and NIPA Estim ates
C urrent receipts as defined in the NIPAs are greater than
budget receipts for every fiscal year from 2001 through
2012. C urrent expenditures in the NIPAs are greater
than budget outlays for each o f these fiscal years except
2009. The coverage, netting and grossing, and tim ing
adjustm ents that BEA makes to the budget estimates o f
receipts and outlays are detailed in table 2, and those to
the budget estimates o f outlays are detailed in table 3.
Adjustm ents for national defense spending are shown in
table 4. For m ore inform ation about the types o f adjust
m ents th at contribute to the differences between NIPA
and budget measures, see the box “NIPA Estimates o f
the Federal Sector and the Federal Budget Estimates.”
B ud get E stim ates
According to the budget, federal receipts are projected to
increase $11.0 billion in fiscal year 2011 and $453.7 billion
in fiscal year 2012 (table 5). The acceleration in federal reTable 2. Relation of NIPA Federal Government
Current Receipts to Budget Receipts
[Billions of dollars]
Fiscal year
Budget receipts..........................................................................................
Less: Coverage differences...................................................................
Contributions received by federal employee retirement plans1
Capital transfers received2................................................................
Financial transactions..........
Other3 ....................................
Netting and grossing differences...........................................................
Supplementary medical insurance premiums.................................
Income receipts on assets.................................................................
Current surplus of government enterprises....................................
Other4 .................................................
Plus: Timing differences.......................
Taxes on corporate income..............
Federal and state unemployment insurance taxes.........................
Withheld personal current tax and social security contributions...
Excise taxes.........................................................................................
O ther.....................................................................................................
Equals: NIPA federal government current receipts..........................
2010
2011
2012
2,162.7
30.7
4.1
18.7
0.0
7.9
-223.5
-60.5
-39.5
5.7
-129.2
0.1
16.4
0.6
14.6
2.8
-34.3
2,355.5
2,173.7
24.0
4.3
12.0
0.0
7.7
-173.9
-62.5
-40.7
6.9
-77.6
77.3
45.9
0.5
15.8
0.3
14.7
2,400.8
2,627.4
25.3
4.0
13.4
0.0
7.8
-201.9
-68.3
-51.4
-0.3
-81.8
42.1
29.5
-0.3
-2.1
0.2
14.7
2,846.1
1. Included in the NIPA personal sector.
2. Consists of estate and gift taxes.
3. Beginning with 1996, consists largely of Universal Service Fund receipts. Includes certain revenues
collected from and repaid to U.S. territories and the Commonwealths of Puerto Rico and Northern Mariana
Islands.
4. Includes proprietary receipts that are netted against outlays in the budget and that are classified as
receipts in the NIPAs and some transactions that are not reflected in the budget but that are added to both
receipts and expenditures in the NIPAs.
Sources: Budget of the United States Government, Fiscal Year 2012 and the Bureau of Economic Analysis.
NIPAs National income and product accounts
13
S u r v e y o f C u r r e n t B u s in e s s
ceipts is the result o f a projected increase in economic ac
tivity and the scheduled expiration, at the end of calendar
year 2011, o f tax provisions that reduce individual income
tax receipts, corporate tax receipts, and social security con
tributions. Several of the m ost significant of these expiring
tax provisions, which would reduce receipts by approxi
mately $300 billion in tax year 2011, were introduced or
temporarily extended by the Tax Relief, Unemployment
Insurance Reauthorization, and Job Creation Act passed
on December 16, 2010. These include a reduction in the
2011 social security contribution rates for employees and
the self-employed of 2.0 percentage points, an adjustment
to the 2011 Alternative M inim um Tax exemption am ount
for individual income taxes, an extension of investment in
centives for individuals and businesses, and an extension
of corporate tax credits for research and experimentation.1
1. This list does not include tax provisions that were extended by the act
beyond the end of tax year 2011 such as the extension of existing income tax
rates and dividend and capital gains tax rates through the end of tax year 2012.
Table 3. Relation of NIPA Federal Government
Current Expenditures to Budget Outlays
[Billions of dollars]
Fiscal year
2010
2011
2012
Budget outlays...................................................................................
Less: Coverage differences..........................................................
Federal employee retirement plan transactions'....................
Interest received.....................................................................
Contributions received (employer).......................................
Benefits paid............................................................................
Administrative expenses........................................................
Financing disbursements from credit programs2....................
Other differences in funds covered3 .........................................
Net investment4..........................
Capital transfers paid5..............
Financial transactions................
Loan disbursements less loan repayments and sales.......
Deposit insurance...................................................................
Net purchases of foreign currency........................................
Other.........................................................................................
Net purchases of nonproduced assets....................................
Outer Continental S helf.........................................................
Land and other6......................................................................
Other7...........................................................................................
Netting and grossing differences..................................................
Supplementary medical insurance premiums.........................
Interest receipts..........................................................................
Current surplus of government enterprises.............................
Other8...........................................................................................
3,456.2
23.2
-51.2
-54.2
-130.0
132.7
0.3
-157.4
8.2
39.5
141.7
41.7
147.3
29.2
0.0
-134.8
0.0
0.0
0.0
0.7
-223.5
-60.5
-39.5
5.7
-129.2
3,818.8
63.9
-54.1
-53.8
-137.4
136.8
0.2
-195.2
7.1
56.3
152.7
96.1
126.0
6.6
0.0
-36.5
0.1
0.0
0.1
0.8
-173.9
-62.5
-40.7
6.9
-77.6
3,728.7
61.9
-58.5
-59.3
-140.6
141.1
0.2
-108.6
7.5
53.4
116.0
54.9
81.3
3.0
0.0
-29.4
-3.7
0.0
-3.7
0.8
Plus: Timing differences................................................................
Purchases (increase in payables net of advances)...............
Interest..........................................................................................
Current transfer payments.........................................................
Other timing9 ...............................................................................
Equals: NIPA federal government current expenditures
4.2
-3.8
0.1
9.6
-1.8
3,660.7
-7.3
-8.2
0.1
0.4
0.4
3,921.6
24.1
3.9
0.1
17.3
2.8
3,892.8
-201.9
-68.3
-51.4
-0.3
-81.8
1. These transactions are included in the NIPA personal sector and include the Uniformed Services Retiree
Health Care Fund.
2. Consists of transactions (not included in the budget totals) that record all cash flows arising from post1991 direct loan obligations and loan guarantee commitments. Many of these flows are for new loans or loan
repayments; therefore, related entries are included in “Loan disbursements less loan repayments and sales.”
3. Consists largely of agencies or accounts, such as the Postal Service and the Federal Financing Bank, that
were not included in the budget in some periods, and the Universal Service Fund. Includes repayments of certain
collections from the U.S. territories and the Commonwealths of Puerto Rico and Northern Mariana Islands.
4. Net investment is gross investment less consumption of fixed capital for government enterprises and
general government.
5. Consists of investment grants to state and local governments and maritime construction subsidies.
Excludes the forgiveness of debts owed by foreign governments to the U.S. government or payments to the
Uniformed Services Retiree Health Care Fund to amortize unfunded liability; both are classified as capital
transfers paid by the United States and are excluded from both budget outlays and NIPA current expenditures.
6. Consists of net sales of land other than the Outer Continental Shelf and includes the auction of the radio
spectrum.
7. Consists largely of net expenditures of foreign currencies.
8. Includes proprietary receipts that are netted against outlays in the budget and that are classified as
receipts in the NIFfts and some transactions that are not reflected in the budget data but that are added to both
receipts and expenditures in the NIPAs.
9. Primarily includes timing on subsidies and government enterprises.
Sources: Budget of the United States Government, Fiscal Year 2012 and the Bureau of Economic Analysis.
NIPAs National income and product accounts
14
NIPA Translation of the Federal Budget
March 2011
NIPA Estim ates of the Federal Sector and the Federal Budget Estim ates
The Bureau of Economic Analysis (BEA) prepares estimates of
the federal sector in the framework of the national income and
product accounts (NIPAs). Unlike the federal budget, which is a
financial plan of the government, the NIPA federal sector esti
mates are designed to facilitate macroeconomic analyses of the
effects of federal government activity on economic activity.1
In translating budget estimates into the framework of the
NIPAs, three primary types of adjustments are made. These
adjustments result in NIPA estimates of current receipts and
expenditures that differ from corresponding estimates of
receipts and outlays in the budget.
• Coverage adjustments are necessary because certain transac
tions that are included in the budget are excluded from the
NIPAs (and vice versa).
• Netting and grossing adjustments are necessary because cer
tain transactions that are recorded as offsets to outlays in the
budget are recorded as receipts in the NIPAs.
• Timing adjustments are necessary because certain receipts
and outlays that are recorded on a cash basis in the budget are
recorded on an accrual basis in the NIPAs.
The arrangement of federal transactions in the federal sector
NIPA statistics differs from that in the budget estimates because of
different treatments of capital transactions. Unlike the federal
budget estimates, the NIPAs distinguish current transactions from
capital transactions, which include expenditures to acquire,
improve, or dispose of nonfinancial assets such as property or
equipment. In the NIPAs, current transactions for production,
income, and consumption are presented in summary NIPA
accounts one through five, while capital transactions are presented
in summary NIPA accounts six and seven.2Because of this organi
zation, the following types of transactions are not included in
NIPA federal government current receipts and current expendi
tures but are shown in account six and as items in NIPA table 3.2:
• Government investment in fixed assets. In the NIPAs, gov
ernment consumption expenditures exclude investment in
fixed assets and include consumption of fixed capital, a depre
ciation charge on fixed assets that are used in production.
• Transfers involving the acquisition or disposal of assets. In
the NIPAs, these transactions are classified as capital transfer
receipts and payments and are presented in the domestic cap
ital account.3 Capital transfers include certain investment
grants-in-aid to state and local governments, investment sub
sidies to businesses, lump-sum payments to amortize the
1. For a comparison, see tables 4 and 5 and NIPA table 3.18B. See also
“National Income and Product Accounts” in Analytical Perspectives: Budget of
the U.S. Government, 459-464.
2. Current transactions are presented in the “Domestic Income and Product
Account,” “Private Enterprise Income Account,” “Personal Income and Outlay
Account,” “Government Receipts and Expenditures Account,” and “Foreign
Transactions Current Account.” Capital transactions are presented in the
“Domestic Capital Account” and the “Foreign Transactions Capital Account.”
See “Summary National Income and Product Accounts,” Survey o f Current
Business 90 (August 2010): 34-35. The federal government components of the
domestic capital account are often shown as addenda in tables presenting fed
eral government current receipts and expenditures.
3. The flow o f funds accounts o f the Federal Reserve Board present detailed
information on the acquisition and disposal of financial assets and liabilities by
U.S. econom ic sectors, including the federal government.
unfunded liability of the Department of Defense MedicareEligible Retiree Health Care Fund and the Postal Service
Retiree Health Benefits Fund, payments to retroactively reim
burse veterans for the costs of some past medical treatments,
the implied subsidy costs of financial stabilization equity pur
chases, the payments of insurance benefits related to catastro
phes, and estate and gift taxes.
• Transactions involving nonproduced assets. In the NIPAs,
purchases and sales of nonproduced assets, such as land and
radio spectrum licenses, are reflected in “capital account
transactions (net)” in the domestic capital account.
The NIPA estimates also differ from the budget estimates
because of different definitions of the scope and coverage of the
federal government sector. Examples include the following:
• Retirement plans. NIPA federal government receipts exclude
government employee contributions to retirement plans, which
are included in budget receipts, because these contributions are
included in NIPA personal income as part of the income of
employees. Similarly, NIPA current expenditures exclude federal
employee retirement benefits, which are included in budget out
lays, because these benefits are paid from assets that represent
equity belonging to the personal sector.
• Other differences. The NIPA federal government sector also
excludes other transactions, such as contributions by tele
communications providers into the Federal Communication
Commission Universal Service Fund and outlays from this
Fund. In the NIPAs, this fund is treated as a nonprofit institu
tion serving business, and these transactions are included in
the NIPA business sector.
Receipts
For most years, the differences between NIPA current receipts
and budget receipts primarily reflect capital transfers received,
supplementary medical insurance premiums, and personal and
business current transfer receipts. (Personal and business cur
rent transfer receipts are classified as receipts in the NIPAs, but
some are netted against outlays in the budget.)
Expenditures
For most years, the differences between NIPA current expendi
tures and budget outlays primarily reflect capital transfers paid,
federal employee retirement plan transactions, personal and
business current transfer receipts, and net investment.
In the NIPAs, budget outlays for national defense and nonde
fense are reflected in both consumption expenditures and gross
investment. For national defense, the budget outlays differ from
the NIPA estimates for several reasons:
• The NIPA measure includes general government consump
tion of fixed capital.
• The NIPAs include cash payments to amortize the unfunded
liability for military and civilian retirement benefits as
defense consumption expenditures; the budget records these
payments as intergovernmental transactions.
• NIPA expenditures are recorded on a delivery (accrual) basis,
and budget outlays are recorded on a cash basis; thus, in the
NIPAs, all work in progress except ships and structures are
included as part of change in private inventories.
March 2011
15
S u r v e y o f C u r r e n t B u s in e s s
According to the budget, federal outlays are p ro
jected to increase $362.6 billion in fiscal year 2011 and
to decrease $90.1 billion in fiscal year 2012 (table 6).
This d o w n tu rn can be largely attributed to dow nturns
in outlays for incom e security and for national defense.
For incom e security, the do w n tu rn in outlays reflects a
projected d o w n tu rn in outlays for housing assistance
and a projected larger decrease in unem ploym ent
com pensation. For national defense, the dow nturn in
outlays reflects projected dow nturns in outlays for m il
itary pro cu rem ent and for m ilitary operations and
m aintenance. Outlays for com m erce and housing
credit are projected to decelerate; the deceleration in
outlays prim arily reflects the pattern o f financial pay
m ents by the federal governm ent.2
Proposed legislative and program changes
Budget projections include the am ounts o f receipts and
outlays in the current-services baseline as well as in
proposed legislation. If enacted, proposed legislation
w ould increase the federal deficit $48.2 billion in fiscal
year 2011 and $10.8 billion in fiscal year 2012 (table 7).
2. For details about federal outlays by budget function, see “Table 3.1,
Outlays by Superfunction and Function” in the Historical Tables.
Financial payments include payments related to financial stabilization
programs and payments through the Federal Housing Administration
mortgage credit and rural housing programs. For details about the treat
ment o f these programs in the budget, see “Financial Stabilization Efforts
and Their Budgetary Effects,” in Analytical Perspectives: Budget o f the U.S.
Government Fiscal Year 2012 (Washington, DC: U.S. Government Printing
Office, 2011): 27-48. For details about the different treatment of these pro
grams in the NIPAs, see the box “Treatment of Financial Stabilization Pro
grams” in “NIPA Translation of the Fiscal Year 2010 Federal Budget,”
Survey o f Current Business 89 (June 2009): 22.
Proposed legislation w ould decrease federal receipts
$0.6 billion in fiscal year 2011 and w ould increase fed
eral receipts $18.9 billion in fiscal year 2012 relative to
the current-services baseline. Outlays w ould increase
$47.6 billion in fiscal year 2011 and $29.7 billion in fis
cal year 2012.
R eceipts. The following legislative proposals would
noticeably affect receipts.
The following proposals w ould increase receipts:
• A proposed reauthorization o f funding for surface
tran sp o rtatio n program s includes new taxes and tax
offsets th at w ould increase federal receipts by a net
$20 billion in fiscal year 2012. The reauthorization
establishes a new T ransportation Trust Fund th at
w ould include an account for funding high speed
rail projects. Surface tran sp o rtatio n outlays have
been funded through a series o f short-term exten
sions since Septem ber 30, 2009.
Table 5. Budget Receipts by Source
[Billions of dollars]
Level for
fiscal year
2009
2010
Change from
preceding year
2011
2012
Budget receipts............................. 2,105.0 2,162.7 2,173.7 2,627.4
915.3
956.0 1,140.5
Individual income ta xe s............
898.5
138.2
198.4
Corporation income taxes.........
191.4
329.3
Social insurance taxes and
contributions..........................
806.8
890.9
864.8
925.1
74.1
Excise taxes................................
62.5
66.9
103.1
12.2
Estate and gift taxes..................
23.5
18.9
13.6
Customs duties..........................
27.7
22.5
25.3
29.8
Miscellaneous receipts.............
98.4
52.1
96.8
86.1
2010
2012
2011
57.7
-16.8
53.2
11.0
57.5
7.0
453.7
184.5
130.9
-26.1
4.4
-4.6
2.8
44.7
-58.0
7.2
-6.7
2.4
1.6
118.3
29.0
1.4
2.1
-12.3
Source: Budget of the United States Government, Fiscal Year 2012.
Table 6. Budget Outlays by Function
[Billions of dollars]
Table 4. Relation of National Defense Consumption Expenditures
and Gross Investment to National Defense Outlays
Level for
fiscal year
Change from
preceding year
[Billions of dollars]
2009
2010
Fiscal year
2010
2011
2012
Budget outlays for national defense........................................................
Department of Defense, m ilitary.........................................................
Military personnel..............................................................................
Operation and maintenance............................................................
Procurement......................................................................................
Aircraft............................................................................................
Missiles
Ships
Weapons
Ammunition...................................................................................
O ther1
Research, development, test, and evaluation...............................
O ther...................................................................................................
Atomic energy and other defense-related activities.........................
Plus'. Consumption of general government fixed capital.................
Additional payments to military and civilian retirement funds......
Less: Grants-in-aid to state and local governments and net interest paid
Timing differences.............................................................................
Other differences...............................................................................
Equals: NIPA national defense consumption expenditures and
gross investment.................................................................................
693.6
666.7
155.7
276.0
133.6
33.7
6.4
11.9
9.3
2.3
69.9
77.0
24.4
26.9
8 9.2
48.7
3.8
1.3
19.0
768.2
739.7
157.0
311.9
151.9
42.5
7.3
13.9
8.6
5.0
74.6
80.7
38.1
28.6
94.0
50.7
4.0
6.7
24.3
737.5
707.5
159.3
301.7
134.4
40.7
7.2
13.3
7.4
3.0
62.7
78.2
33.9
30.1
97.8
52.2
4.1
-5.0
23.4
807.4
877.8
865.0
Less: National defense gross investment2.......................................
115.4
134.6
136.1
692.0
743.3
728.9
Equals: NIPA national defense consumption expenditures
1. Includes outlays for military construction, family housing, and anticipated funding for war operations.
2. Gross investment consists of general government expenditures for fixed assets; inventory investment is
included in federal government consumption expenditures.
Sources: Budget of the United States Government, Fiscal Year 2012 and the Bureau of Economic Analysis.
NIPAs National income and product accounts
2011
2012
Budget outlays............................................... 3,517.7 3,456.2 3,818.8 3,728.7
National defense..........................................
693.6
768.2
737.5
661.0
International affairs.....................................
45.2
55.2
63.0
37.5
General science, space, and technology..
29.4
31.0
33.4
32.3
23.4
Energy..........................................................
4.7
11.6
27.9
43.7
Natural resources and environment..........
42.7
35.6
49.0
21.4
Agriculture....................................................
22.2
18.9
25.1
Commerce and housing credit...................
-82.3
17.4
23.6
291.5
Transportation..............................................
104.9
84.3
92.0
94.5
Community and regional development....
27.7
23.8
25.7
25.7
Education, training, employment, and
127.7
106.2
social services
79.7
115.1
H ealth.........
373.8
334.3
369.1
387.6
Medicare....
451.6
492.3
430.1
494.3
Income security
533.2
622.2
622.7
554.3
Social security.............................................
706.7
748.4
767.0
683.0
108.4
124.7
Veterans benefits and services..................
95.4
141.4
53.4
58.7
Administration of justice..............................
51.5
60.7
General government...................................
23.0
32.1
31.1
22.0
Net interest..................................................
196.2
206.7
241.6
186.9
Allowances1.................................................
Undistributed offsetting receipts2..............
0.0
-92.6
0.0
-82.1
3.1
-89.7
6.6
-99.6
2010
2011
2012
-61.5
32.5
7.7
—0.9
-373.8
7.7
-3.8
362.6
74.6
10.0
2.3
16.3
5.3
3.7
99.7
2.5
1.9
-90.1
-30.7
7.8
-1.1
-4.5
-6.3
-6.2
6.2
10.3
0.0
48.0
34.7
21.5
89.0
23.8
13.0
1.9
1.0
9.3
-12.6
18.6
42.7
0.4
41.6
33.0
7.2
9.0
10.5
-8.9
-13.8
-2.0
-68.3
18.7
-16.8
-2.0
-0.9
34.9
0.0
10.5
3.1
-7.5
3.4
-10.0
1. Allowances are included in budget totals to cover certain budgetary transactions that are expected to increase or
decrease outlays, receipts, or budget authority but are not reflected in the program details.
2. Undistributed offsetting receipts are two categories of collections that are governmental in nature and that are not
credited to expenditure accounts: Receipts from performing business-like activities, such as proceeds from selling Federal
assets or leases; and shifts from one account to another, such as agency payments to retirement funds.
Source: Budget of the United States Government, Fiscal Year 2012.
NIPA Translation of the Federal Budget
16
• A series o f proposed reform s to the U.S. in tern a
tional tax system, described in the budget as “clos
ing loopholes” in the taxation o f m ultinational
corporations, w ould increase federal receipts $7.7
billion in fiscal year 2012.
• A proposal to lim it the m axim um rate at which
item ized deductions can reduce individual tax lia
bilities w ould increase federal receipts $6.0 billion
in fiscal year 2012. The m axim um rate w ould be
lim ited to 28 percent; currently, item ized deduc
tions reduce a taxpayer’s individual tax liability at a
rate equal to their m arginal tax rate.
Table 7. Proposed Legislative and Program Changes in the Budget
[Billions of dollars]
Fiscal Year
2011
2012
2,174.3
2,608.5
18.9
Receipts
Current-services estimates1
Plus: Proposed legislation excluding proposals assumed in the baseline2
Introduce taxes to fund the reauthorization of surface transportation
projects.......................................................................................................
Reform the U.S. international corporate tax system.................................
Limit the tax rate at which itemized deductions reduce individual tax
liability........................................................................................................
Eliminate fossil fuel preferences (individual and corporate)....................
Tax carried interests as ordinary income for individuals..........................
Modify estate and gift tax rule s...................................................................
Extend existing trade provisions..................................................................
Provide short-term tax relief to employers and expand the Federal
Unemployment Tax Act (FUTA) b ase .....................................................
Extend the excise tax credit for alcohol used as fu e l...............................
Continue expiring business tax relief provisions through 2 0 1 2 ..............
Enhance and make permanent the research and experimentation tax
cre dit..........................................................................................................
Tax net capital gains and dividends at 20% for high-income taxpayers.
O ther...............................................................................................................
Equals: The budget.
Outlays
Current-services estimates1
Plus: Program changes excluding proposals assumed in the baseline2
M edicare....................................................................................................
Transportation...........................................................................................
International Affairs..................................................................................
Commerce and housing credit................................................................
Energy........................................................................................................
Health.........................................................................................................
Income security.........................................................................................
Net Interest.................................................................................................
General government.................................................................................
Veterans benefits and services...............................................................
Social security...........................................................................................
Allowances3 ..............................................................................................
General science, space and technology...............................................
Community and regional development..................................................
Agriculture..................................................................................................
Natural resources and environment.......................................................
Undistributed offsetting receipts.............................................................
Administration of Justice.........................................................................
Education, training, employment and social services.........................
National Defense.......................................................................................
Equals: The budget......................................................................................
Current-services surplus or deficit ( - ) ..........................................................
Proposed changes, receipts less outlays....................................................
Administration budget surplus or deficit ( - ) .................................................
Addenda:
Budget Enforcement Act current-services baseline surplus or deficit.
Plus: Adjustments to reflect current tax policies.................................
Plus: Adjustments to reflect current spending policies......................
Equals: Current-services surplus or deficit ( - ) ..................................
-
0.6
20.0
7.7
6.0
0.6
3.6
2.3
0.9
-0.9
-
0.2
-1.7
-2.3
-3.6
-
0.1
-
-
-4.6
-8.4
0.1
2,173.7
2,627.4
3,771.2
47.6
3,699.0
29.7
18.1
6.8
6.8
5.3
3.1
2.7
1.8
1.6
0.4
2.3
6.2
0.7
2.8
2.2
1.3
-
1.1
1.1
0.1
0.7
0.5
14.7
0.6
-
The following proposals w ould reduce receipts:
• A proposal to tax dividends at a rate o f 20 percent
for upper-incom e taxpayers w ould reduce federal
receipts $8.4 billion in fiscal year 2012. The tax rate
on dividends for upper-incom e taxpayers is sched
uled to increase from 15 percent to the taxpayer’s
m arginal incom e tax rate o f 36 percent or 39.6 p er
cent on January 1, 2013.
• A proposal to perm anently extend the existing tax
credits for qualified research and experim entation
w ould reduce tax receipts $4.6 billion in fiscal year
2012. These tax credits, w hich are intended to stim
ulate spending on research and developm ent, have
been tem porarily extended 14 times since they were
enacted in 1981.
• A proposal to extend a series of expiring business tax
relief provisions through December 31, 2012, would
reduce tax receipts $3.6 billion in fiscal year 2012.
• A proposal to extend tax credits for alcohol used as
fuel and paym ents for alcohol fuel m ixtures
through D ecem ber 31, 2012, w ould reduce tax
receipts $2.3 billion in fiscal year 2012.
O utlays. The following legislative proposals w ould
noticeably affect outlays.
The following proposals w ould prim arily increase o u t
lays in the budget year:
• Outlays for M edicare w ould increase $18.1 b illion in
fiscal year 2012. This increase is m ore than
accounted for by a 2-year extension o f current
Medicare reim bursem ent rates for physicians.
Medicare paym ents for physician services are sched
uled to be adjusted dow n 23.1 percent on January 1,
2012, to m eet the target M edicare sustainable
grow th rate (SGR) calculated by the Centers for
M edicare and M edicaid Services. Congress has p o st
poned the enforcem ent o f fee cuts m andated by the
SGR form ula every year since 2002.
0.1
0.0
0.2
0.3
-0.4
0.0
-3.1
2.5
1.6
14.8
-
0.2
0.8
Acknowledgm ents
-
1.6
Translation of fiscal year 2012 federal budget data into
the framework of the national income and product
accounts (NIPAs) was conducted under the general
direction of Pamela A. Kelly, Chief of the Government
Division, and Benjamin A. Mandel, Chief of the Fed
eral Branch of the Government Division. The follow
ing economists contributed to the preparation of the
NIPA federal government statistics presented in this
article: Peter G. Beall, Stan J. Bellotti, Jennifer A. Ben
nett, Andrew P. Cairns, Andrea L. Cook, Raymen G.
Labella, Mark S. Ludwick, Ann W. Miller, Kyle D.
Mulgrew, Farah Naz, Michael D. Randall, Michelle D.
Robinson, Mary L. Roy, Benyam M. Tsehaye, Andrew
E. Vargo, Bryan A. Williams, and Keith P. Zipay.
-
-2.3
-3.7
-4.7
-5.5
3.818.8
3,728.7
-1,596.9
-48.2
-1,645.1
-1,090.4
1,593.2
1.3
2.5
1.596.9
1,036.1
35.9
18.5
1,090.4
-
10.8
- 1,101.2
1. These current-services estimates reflect proposed adjustments to the Budget Enforcement Act currentservices baseline. For information on these adjustments, see “Current Services Estimates" in Chapter 27 of the
Analytical Perspectives volume.
2. Consistent with the budget, the proposed legislation excludes proposals that are included in the baseline.
The baseline reflects the annualized levels of the 2011 Continuing Resolution. Proposed changes from these
levels are included in proposed legislation.
3. Allowances are included in budget totals to cover certain budgetary transactions that are expected to
increase or decrease outlays, receipts or budget authority but are not reflected in the program details.
Source: Budget of the United States Government, Fiscal Year 2012
March 2011
March 2011
17
S u r v e y o f C u r r e n t B u sin e s s
• Outlays for transportation w ould increase $6.8 bil
lion in fiscal year 2012. This increase is m ore than
accounted for by proposed federal aid for highways
related to the proposed reauthorization o f funding
for surface tran sp o rtatio n outlays.
• Outlays for commerce and housing credit would
increase $5.3 billion in fiscal year 2012, largely as a result
of a proposal to expand 4G wireless broadband coverage
and to support Universal Service Fund Reform.
Table 8. Sources of Change in NIPA
Federal Government Current Receipts
[Billions of dollars]
Change from preceding fiscal year
2010
Total current receip ts.......................................................................
Personal current ta xe s..............................................................
Due to tax bases....................................................................
Due to proposed legislation.................................................
Taxes on production and im ports.............................................
Due to tax bases....................................................................
Due to proposed legislation.................................................
Taxes on corporate income.......................................................
Due to tax bases....................................................................
Due to proposed legislation.................................................
Taxes from the rest of the w orld...............................................
Contributions for government social insurance..........................
Due to tax bases........................................................................
Due to proposed legislation......................................................
Income receipts on assets............................................................
Current transfer receipts................................................................
Current surplus of government enterprises.................................
Addenda:
Total due to tax bases....................................................................
Total due to proposed legislation..................................................
2011
2012
94.5
77.4
-42.5
-42.5
0.0
5.0
5.0
0.0
117.5
117.5
0.0
-2.6
8.7
8.7
0.0
8.9
0.7
-1.2
45.3
94.1
46.8
46.6
0.2
7.3
8.1
-0.8
39.9
37.4
2.5
0.0
-45.6
-45.6
0.0
1.8
-3.8
-1.2
445.3
319.6
186.9
191.2
-4.3
31.9
9.5
22.4
100.8
94.6
6.2
0.0
105.5
105.5
0.0
12.6
0.4
7.2
88.7
0.0
46.5
1.9
400.8
24.4
Sources: Budget of the United States Government, Fiscal Year 2012 and the Bureau of Economic Analysis.
NIPAs National income and product accounts
Chart 2. Federal Government Current Receipts
Billions of dollars
4.500
■ Other receipts
□ Income receipts on assets
4.000
B Current transfer receipts
□ Taxes on production and imports
□ Taxes on corporate income
3.500
H Contributions for government social insurance
□ Personal current taxes
3.000
• Outlays for health w ould increase $2.8 billion in fis
cal year 2011 and $2.7 billion in fiscal year 2012,
prim arily reflecting a proposal to provide tem p o
rary financial relief to the U.S. Postal Service
(USPS) by restructuring how it pays for the health
benefits of current and future retirees. This p ro
posal w ould require th at the USPS m ake larger pay
m ents into the fund in future years.
• Outlays for energy w ould increase $0.7 billion in fis
cal year 2011 and $3.1 billion in fiscal year 2012,
prim arily reflecting a proposed H om e Energy Ret
rofit Rebate Program . This program w ould provide
rebates to consum ers for a variety of energy saving
investm ents in their hom es.
• Outlays for net interest w ould increase $1.3 billion
in fiscal year 2011 and $1.6 billion in fiscal year
2012, largely as the result o f a proposal to tem p o
rarily suspend the collection o f interest owed by
state governm ents on federal unem ploym ent in su r
ance loans.3 The Am erican Recovery and Reinvest
m ent Act o f 2009 had suspended the repaym ent o f
interest on these loans through D ecem ber 31, 2010.
The following proposal w ould prim arily increase o u t
lays in the current fiscal year 2011:
• Outlays for social security and for incom e security
com bined w ould increase $16.9 billion in fiscal year
2011 and $2.3 billion in fiscal year 2012, prim arily
reflecting a proposal to provide $250 econom ic
recovery paym ents to eligible beneficiaries o f social
security, supplem ental security incom e (SSI), veter
ans affairs, Railroad R etirem ent Board, and govern
m ent pensions. These paym ents w ould be sim ilar to
the Econom ic Recovery Paym ents m ade in 2009.
Because there have been no cost-of-living adjust
m ents, the am ounts o f social security and SSI b en e
fit paym ents have been unchanged since 2008.
NIPA Estim ates
F is c al y e a r e s tim a te s
Receipts. Total NIPA federal governm ent cu rren t re
ceipts are projected to increase $45.3 billion in 2011
and $445.3 billion in 2012 (table 8 and chart 2). The
acceleration in receipts is the result o f projected in
creases in the tax base, which are based on econom ic
assum ptions defined in the budget and the im pacts of
proposed legislation.4 The u p tu rn in contributions for
governm ent social insurance is prim arily caused by the
expiration o f the rate reduction for social security. The
social security contribution rates for employees and
2.500
2.000
1.500
1,000
500
0
2001
02
03
04
05
06
07
08
Fiscal years
09
10
‘ Estimates by Office of Management and Budget and Bureau of Economic Analysis
11*
12*
3. The proposal would suspend the scheduled increase in interest receipts,
which appears as an increase in federal outlays rather than as a reduction in
federal receipts.
4. For details, see “Economic Assumptions” in Analytical Perspectives, 9-19.
NIPA Translation of the Federal Budget
18
the self-em ployed were reduced by 2.0 percentage
points in 2011. Beginning in 2011, contributions for
governm ent social insurance also includes a new cate
gory o f contributions for health care insurance, which
consists o f p rem ium paym ents from participants in
new federally m anaged health insurance program s.5
Expenditures. Total NIPA federal governm ent cu r
rent expenditures are projected to increase $260.9 bil
lion in fiscal year 2011 and to decrease $28.8 billion in
fiscal year 2012 (table 9 and chart 3). The dow nturn
prim arily reflects a dow nturn in current transfer pay
m ents. G rants to state and local governm ents, specifi
cally education grants, tu rn dow n in fiscal year 2012,
partly because o f the expiration o f the State Fiscal Sta
5. In 2011 and 2012, these consist of premium payments from partici
pants in the Community Living Assistance Services and Supports program
and the Temporary High Risk Health Insurance Pool Program in states
where high-risk insurance pools are managed by the Department of Health
and Human Services.
Table 9. Sources of Change in NIPA
Federal Government Current Expenditures
March 2011
bilization Program at the end o f fiscal year 2011.
W ithin social benefits, unem ploym ent benefits d e
crease m ore in fiscal year 2012 th an in fiscal year 2011
and “oth er” social benefits tu rn dow n in fiscal year
2012. The dow n tu rn in “o th er” social benefits is largely
the result o f the proposed Econom ic Recovery Pay
m ents, w hich will boost benefits in fiscal year 2011,
and the expiration of the “M aking W ork Pay” tax
credit at the end o f 2011.6 Subsidies tu rn up sharply in
fiscal year 2011 and continue to increase in 2012, re
flecting paym ents to reim burse businesses for health
care expenses through the new Tem porary Early Re
tiree Reinsurance Program and proposed funding to
expand 4G wireless broadband coverage.
Quarterly pattern
BEA prepares seasonally adjusted quarterly NIPA esti
mates of federal governm ent current receipts and cu r
rent expenditures for 2011 and 2012 that are consistent
w ith the federal budget and that reflect the quarterly
patterns that w ould result from enacted and proposed
legislation (table 10). These estim ates are extrapolated
[Billions of dollars]
Change from preceding fiscal year
2010
Total current e xp e n d itu re s...............................................
Consumption expenditures..............................................
National defense..........................................................
Pay raise and locality p a y '......................................
O ther..........................................................................
Nondefense...................................................................
Pay raise and locality p a y '.....................................
O ther.........................................................................
Current transfer payments...............................................
Government social benefits to persons.....................
Social security..........................................................
M edicare...................................................................
Supplemental security income...............................
Earned income and other tax credits....................
Veterans benefits......................................................
Unemployment benefits..........................................
Supplemental Nutrition Assistance Program........
O ther..........................................................................
Government social benefits to the rest of the w orld.
Grants-in-aid to state & local governments..............
General public service.............................................
National defense......................................................
Public order and safety............................................
Economic affairs.......................................................
Transportation......................................................
Space....................................................................
Other economic affairs........................................
General economic and labor affairs.............
Agriculture........................................................
Energy...............................................................
Natural resources............................................
Housing and community services.....................
Health....................................................................
Medicaid............................................................
Prescription drug plan clawback...................
O ther.................................................................
Recreation and culture........................ ...............
Education.............................................................
Income security....................................................
Disability...........................................................
Welfare and social services..........................
Unemployment................................................
Other.................................................................
Other current transfer payments paid to the rest of the world
Federal interest paid.......................................................................
Subsidies..........................................................................................
Agriculture....................................................................................
Housing........................................................................................
O ther............................................................................................
1. Beginning in January 2011.
Source: Bureau of Economic Analysis.
NIPAs National income and product accounts
305.5
63.5
33.1
0.0
33.1
30.4
0.0
30.4
215.4
157.5
35.2
24.6
2.3
13.3
6.5
28.9
14.6
32.1
2.6
62.4
-
0.2
0.1
260.9
89.3
51.3
1.2
50.1
38.0
0.0
38.0
116.0
72.0
26.2
45.6
2.2
-9.5
6.8
-16.5
8.3
8.9
1.3
26.7
0.2
0.2
1.0
1.1
-
3.1
7.7
0.0
0.0
7.7
1.2
0.7
5.0
0.7
5.4
4.4
3.5
-2.3
3.3
0.0
5.6
4.1
0.0
-
0.2
-
0.6
0.1
3.2
-
2011
3.9
0.0
6.6
26.9
21.8
3.0
2.1
0.0
20.4
4.4
0.3
5.6
0.9
-2.4
-7.0
29.5
-2.9
- 0.2
1.5
-4.2
0.2
2.8
-0.4
1.5
16.1
37.8
17.7
0.3
1.3
16.1
2012
-
28.8
-15.0
-14.4
1.5
-15.8
-
6. The amount by which a refundable tax credit, such as the “Making
Work Pay” tax credit, reduces a taxpayer’s total tax liability is reflected as a
reduction in receipts in the NIPAs. The amount by which these tax credits
exceed a taxpayer’s total tax liability is recorded as an outlay in the budget
and treated as a social benefit in the NIPAs.
0.6
0.0
-
0.6
66.0
-26.4
32.4
3.3
2.5
3.8
1.9
-37.4
-
0.6
-33.5
- 0.1
-41.8
0.0
0.0
-
0.6
2.0
-
0.1
-
2.1
Chart 3. Federal Government Current Expenditures
Billions of dollars
4,500
11 Other current transfer payments to the rest of the world
□ Subsidies
4,000 HI Federal interest paid
E2 Nondefense consumption expenditures
□ Grants-in-aid to state and local governments
□ Government social benefits
0.1
1.0
-0.3
-2.5
-0.3
-1.4
-4.8
-7.1
-1.5
3.8
0.0
-28.1
- 6.0
0.3
-3.5
-0.7
-
2,500
2,000
1,500
1,000
2.0
2.3
46.0
6.2
0.2
0.5
5.6
2001
02
03
04
05
06
07
08
09
10
Fiscal years
‘ Estimates by Office of Management and Budget and Bureau of Economic Analysis
11*
12*
March 2011
S u r v e y o f C u r r e n t B u s in e s s
from published NIPA estim ates for the fo u rth quarter
o f 2010, w hich were released on February 28, 2011.7
Receipts. The quarterly NIPA estim ates o f current
receipts are also based on the adm inistration’s p ro
jected pattern o f wages and reflect BEA’s m ethodology
for deriving quarterly estim ates o f incom e tax pay
m ents and o f “final settlem ents less refunds.”8 C o n tri
bu tions for social insurance decrease sharply in the
first quarter o f 2011 and rebound in the first quarter of
2012 as a result o f the reduction in the social security
co n trib u tio n rates for employees and the self-em
ployed for tax year 2011.
Expenditures. The quarterly NIPA estim ates o f cu r
rent expenditures reflect the effects o f expiring legisla
tio n an d a cost-of-living increase for social security
and oth er program s in 2012. Outlays related to the
proposed $250 Econom ic Recovery paym ents boost
social benefits prim arily in the second quarter o f 2011.
Net saving. NIPA estim ates o f net federal govern
m en t saving reflect the differences between receipts
and expenditures. N et saving is projected to tu rn up by
the end o f fiscal year 2011, reflecting an acceleration in
cu rren t receipts and a dow nturn in current expendi
tures.
In general, because o f the lim ited inform ation avail
able to estim ate quarterly patterns, the estimates
should be viewed as approxim ations th at will be super
seded by m ore reliable quarterly estim ates th at will be
published in NIPA table 3.2.
Translation into a NIPA Fram ew ork
BEA uses a detailed analytical process to translate fed
eral budget receipts and outlays into a NIPA fram e
work.
Receipts
19
budget. W hen m onthly and quarterly NIPA estimates
are released by BEA, these initial quarterly projections
o f receipts are reevaluated and revised to incorporate
newly available data from the D epartm ent o f the Trea
sury, including the M onthly Treasury Statement.
Outlays
Fiscal year budget outlays are organized by app ro p ria
tion in the federal budget’s Appendix. These data and
supplem ental data from the Office o f M anagem ent and
Budget are used to allocate federal budget outlays to
the following NIPA categories: current transfer pay
m ents, interest paym ents, subsidies, and consum ption
expenditures and gross investm ent.10 The quarterly
projections are m ainly derived by interpolation from
fiscal year projections.
W hen BEA releases its quarterly NIPA estimates, the
fiscal year relationships derived from the budget data
are used to allocate the spending th at is detailed in the
M onthly Treasury Statem ent o f Receipts and Outlays o f
the United States Governmentn . Supplem ental data are
also used. A detailed reconciliation o f defense con
sum ption expenditures and gross investm ent w ith o u t
lays is prepared, using extensive financial, delivery, and
other inform ation from the D epartm ent of Defense. In
order to prepare seasonally adjusted estim ates o f n o n
defense consum ption expenditures and gross invest
m ent, data from the budget are used to extrapolate
portions o f nondefense expenditures (for durable
goods, “other nondurable goods,” services, and eq uip
m ent) for w hich there are no quarterly source data.
These extrapolated estim ates o f expenditures in co rp o
rate quarterly data for certain expenditures, such as
those for construction from the Census Bureau and for
com pensation from the Office o f Personnel M anage
m ent and the Bureau o f Labor Statistics.
Fiscal year budget data for receipts are supplem ented
by in form ation on the effects o f budget proposals from
the D ep artm ent o f the Treasury’s Office o f Tax Analysis
and in form ation included in the budget’s Appendix.9
These data are translated into the following m ajor
com ponents o f the NIPA federal governm ent current
receipts: current tax receipts, contributions for govern
m en t social insurance, incom e receipts on assets, cu r
rent transfer receipts, and current surplus of
governm ent enterprises. Q uarterly projections are
based on the econom ic assum ptions from the federal
BEA’s initial quarterly projections o f federal govern
m ent receipts and expenditures th at are presented in
this article will likely differ from later estimates. The
initial estim ates are prepared from budget data, w hich
are based on various econom ic assum ptions ab out the
budget year. These estim ates are then updated during
the year as new laws are enacted, as actual spending oc
curs, as econom ic conditions change, and as m ore
source data becom e available.
7. Because quarterly NIPA estimates have been extrapolated from pub
lished values, the average of fiscal year quarters may not equal the displayed
fiscal year values, which are consistent with budget data.
8. For details about the methodology, see Eugene P. Seskin, “Annual Revi
sion o f the National Income and Product Accounts,” S u r v e y 78 (August
1998): 29-31.
9. See Appendix: Budget o f the United States Government, Fiscal Year 2012,
10. Outlays by program are first adjusted for coverage (for example, for
the treatment of federal employee retirement plan transactions) and for
netting and grossing (for example, supplemental medical insurance premi
ums).
11. Department o f the Treasury, Financial Management Service, Monthly
Treasury Statement (Washington, DC: U.S. Government Printing Office);
www.fms.treas.gov/mts.
Updated estimates
20
NIPA Translation of the Federal Budget
March 2011
Table 10. NIPA Federal Government Current
[Billions of dollars; calendar year and
Calendar year
Quarter
Fiscal year estimates1
Published2
Estimated
Published2 Estimated
2010
2010
2011
2012
2010
2011
Current receipts.................................................
Current tax receipts.......................... .....................................
Personal current taxes.......................................................
Withheld income taxes.................................................
Declarations and final settlements less refunds........
Proposed legislation.................................................
O ther...........................................................................
Taxes on production and im ports....................................
2,355.5
1,275.9
884.2
879.0
5.1
98.5
280.6
75.9
2,846.1
1,689.6
1,117.9
1,035.5
82.4
-4.1
86.5
137.8
21.6
116.1
421.3
66.2
0.0
66.2
355.1
8.7
346.4
12.6
1,024.7
1,019.2
877.1
829.7
0.0
-25.9
0.9
0.0
0.9
854.7
-2.2
3.4
46.2
-4.0
50.2
64.4
57.8
5.6
14.4
5.5
64.6
35.4
22.0
7.1
66.9
47.3
19.6
0.3
-6.1
4.6
0.9
1.0
2,386.1
1,298.2
875.2
871.1
4.1
O ther...............................................................................
Taxes on corporate income3............. ...............................
Federal Reserve Banks
Proposed legislation.............................................
O ther.....................
Other corporate profit tax accruals..............................
Proposed legislation.............................................
O ther.....................
Taxes from the rest of the w o rld ......................................
Contributions for social insurance.......................................
D om estic.............................................................................
Old age, survivors, disability, & hospital insurance....
Tax on wages and salaries (FICA, gross)..............
Proposed legislation.............................................
Rate Change.........................................................
2,400.8
1,369.9
931.0
937.9
-6.9
0.2
-7.1
105.8
-0.8
106.6
320.5
79.7
0.0
79.7
240.8
2.5
238.4
12.6
919.3
914.3
787.9
739.4
0.0
-77.6
0.0
0.0
3,892.8
1,115.1
728.9
2.7
1.6
1.1
726.3
386.2
0.0
0.0
0.0
386.2
2,338.7
1,766.9
1,748.1
742.6
January 2 01 1 ....................................................
January 2 01 2 ...................................................
O ther.........
FICA Refunds............................................................
Voluntary hospital insurance...................................
Tax on self-employment earnings (SEC A)............
Base increases......................................................
O ther......................................................................
Supplementary medical insurance..............................
Unemployment insurance.............................................
Health care insurance4
O ther..................
Rest of the w o rld ...
Income receipts on assets.....................................................
Interest receipts....
Dividends.............................................................................
Rents and royalties............................................................
Current transfer receipts........................................................
From business......
From persons.......
Current surplus of government enterprises........................
Postal S ervice....................................................................
Federal Housing Administration......................................
Tennessee Valley Authority...............................................
O ther...................................................................................
Current expenditures.........................................
Consumption expenditures....................................................
National defense....
Pay raises and locality pay...........................................
January 2 01 1 ............................................................
January 2012
O ther..................
Nondefense...........
January 2 0 1 1 ...................................... ................
January 2012
O ther..................
Current transfer payments.....................................................
Government social benefits..............................................
To persons.........
Social Security..........................................................
5.1
98.5
75.9
204.7
204.7
12.6
964.8
959.7
843.5
794.8
0.0
794.8
-1.7
3.3
47.1
0.3
46.7
56.7
46.8
0.0
12.8
5.1
50.1
27.1
18.1
5.0
70.4
49.4
21.0
-5.7
-7.5
0.6
1.1
0.1
817.1
-2.1
3.4
47.2
-1.8
49.0
58.7
53.8
0.0
13.8
5.0
52.0
27.5
19.2
5.2
66.6
47.6
18.9
-6.9
-9.9
0.6
1.1
1.4
3,660.7
1,040.7
692.0
3,921.6
1,130.0
743.3
1.2
1.2
692.0
348.7
742.1
386.8
0.0
0.0
348.7
2,288.7
1,720.1
1,702.5
683.9
386.8
2,404.7
1,793.4
1,774.5
710.1
2012
I
II
III
IV
I
II
III
IV
I
II
III
2,419.5
1,396.3
932.1
940.9
-8.8
0.2
-9.0
118.8
4.7
114.2
332.9
74.1
0.0
74.1
258.8
4.7
254.1
12.6
919.7
914.9
791.6
740.1
0.0
-103.5
0.0
0.0
2,322.8
1,253.6
843.2
837.9
5.3
2,364.7
1,281.1
868.5
864.2
4.3
2,417.3
1,321.2
886.4
882.7
3.7
2,439.6
1,336.9
902.6
899.4
3.2
5.3
100.6
4.3
106.6
3.7
108.9
3.2
110.2
100.6
297.1
88.9
106.6
293.2
69.6
108.9
313.7
82.4
110.2
311.4
81.3
88.9
208.3
69.6
223.6
82.4
231.3
81.3
230.1
208.3
12.6
970.6
965.5
850.0
797.7
223.6
12.8
984.7
979.5
863.4
811.1
231.3
12.1
992.9
987.7
871.1
818.8
230.1
12.7
1,000.3
995.1
878.1
825.8
0.0
0.0
0.0
0.0
2,353.8
1,348.1
920.1
922.6
-2.5
0.0
-2.5
109.9
-1.0
110.9
305.5
79.3
0.0
79.3
226.2
0.0
226.2
12.6
906.6
901.7
778.8
728.0
0.0
-103.5
0.0
0.0
2,384.8
1,368.6
923.9
927.0
-3.0
03
-3.3
111.8
-1 0
112.9
320.3
76.4
00
76.4
243.9
50
238.9
12.6
914.7
909.9
786.9
735.4
00
-103.5
00
0.0
2,418.5
1,389.1
926.6
942.9
-16.4
03
-16.6
114.1
-1 0
115.1
335.9
72.7
00
72.7
263.2
50
258.3
12.6
924.8
920.0
796.5
744.7
00
-103.5
00
0.0
2,520.7
1,479.4
957.6
970.9
-13.2
03
-13.5
139.4
21 6
117.8
369.7
68.0
00
68.0
301.8
87
293.0
12.6
932.8
928.0
804.3
752.3
00
-103.5
00
0.0
813.3
-1.8
3.3
50.8
0.3
50.5
57.3
46.3
0.0
12.8
5.2
45.2
25.6
17.0
2.7
59.8
39.9
19.9
-4.3
-7.1
3.0
0.8
-0.9
843.6
-2.1
3.2
50.4
-1.8
52.2
59.1
50.1
0.1
14.1
4.9
52.1
29.4
19.9
2.7
54.8
36.2
18.6
-3.4
-7.3
3.9
0.2
-0.3
797.7
-1.8
3.3
50.9
0.3
50.5
57.0
45.9
0.0
12.6
5.1
41.8
24.4
14.9
2.5
60.2
40.3
19.9
-3.4
-6.7
3.3
0.7
-0.8
811.1
-1.8
3.3
50.8
0.3
50.5
57.2
46.2
0.0
12.7
5.2
44.0
25.3
16.3
2.5
59.1
39.1
20.0
-4.2
-7.2
3.1
0.8
-0.9
818.8
-1.8
3.3
50.8
0.3
50.5
57.4
46.4
0.0
12.8
5.2
47.6
26.3
18.6
2.7
60.5
40.5
20.0
-4.9
-7.4
2.7
0.9
-1.1
825.8
-1.8
3.3
50.8
0.3
50.4
57.6
46.5
0.0
12.9
5.2
47.5
26.4
18.2
2.9
59.3
39.8
19.5
-4.5
-7.2
2.8
0.8
-0.9
831.5
-2.1
3.3
49.6
-1.8
51.4
58.7
50.8
0.0
13.4
4.8
47.7
26.8
18.3
2.5
56.4
37.7
18.6
-4.9
-8.0
3.1
0.4
-0.4
838.9
-2.1
3.2
50.3
-1.8
52.1
58.9
50.1
0.0
13.9
4.8
49.9
27.9
19.5
2.5
55.3
37.0
18.3
-3.7
-7.3
3.5
0.2
-0.3
848.2
-2.1
3.2
50.8
-1.8
52.5
59.2
49.8
0.1
14.5
4.9
53.0
29.6
20.7
2.6
54.5
36.1
18.4
-3.0
-7.1
4.1
0.1
-0.2
855.9
-2.1
3.2
50.9
-1.8
52.7
59.4
49.7
0.1
14.5
4.9
57.6
33.3
21.2
3.1
52.8
34.0
18.9
-2.0
-6.6
4.8
0.0
-0.2
2,829.1
1,646.3
1,082.4
1,012.6
69.8
-4 1
73.9
142.4
21 6
120.8
408.9
64.5
00
64.5
344.4
87
335.7
12.6
1,068.0
1,062.4
921.0
871.2
00
0.0
34
0.0
3.4
867.8
-2.3
3.3
48.8
-4.0
52.8
65.5
54.1
7.5
14.3
5.6
61.0
35.2
22.0
3.8
52.9
33.6
19.3
0.9
-4.8
6.0
0.0
-0.4
2,917.0
1,718.2
1,122.1
1,045.0
77.2
-4 1
81.3
144.8
21 6
123.1
438.7
62.2
00
62.2
376.4
87
367.7
12.6
1,080.4
1,074.9
932.9
882.9
00
0.0
34
00
3.4
879.4
-2.3
3.4
48.9
-4.0
52.9
65.9
54.5
7.5
14.1
5.6
63.2
36.5
22.2
4.4
53.5
33.9
19.6
1.7
-4.2
6.4
0.0
-0.6
2,985.2
1,769.8
1,151.4
1,069.2
82.1
-4 1
86.2
147.1
21 6
125.4
458.8
61.1
00
61.1
397.8
87
389.0
12.6
1,093.9
1,088.3
945.8
895.6
00
0.0
34
00
34
892.1
-2.3
3.5
49.1
-4.0
53.1
66.3
54.8
7.5
13.9
5.6
64.8
37.3
22.6
4.9
54.7
35.0
19.7
2.0
-3.7
6.5
0.0
-0.8
3,718.9
1,043.5
698.3
3,922.4
1,135.3
749.5
1.6
1.6
3,637.1
1,017.3
684.0
3,701.2
1,038.5
695.2
3,760.7
1,061.6
711.2
3,776.7
1,056.6
702.7
3,848.3
1,087.3
718.0
1.6
16
3,966.8
1,138.4
753.3
16
16
3,958.5
1,164.5
765.3
16
16
3,915.8
1,150.9
761.5
16
16
698.3
345.2
747.9
385.8
0.0
0.0
684.0
333.3
695.2
343.3
711.2
350.4
702.7
353.9
716.4
369.3
00
00
751.7
385.1
00
00
763.7
399.2
00
00
759.9
389.4
00
00
345.2
2,328.4
1,740.4
1,724.3
690.1
385.8
2,391.6
1,784.8
1,768.2
719.7
333.3
2,292.3
1,715.2
1,699.5
678.4
343.3
2,311.4
1,732.6
1,716.5
688.2
350.4
2,352.3
1,755.9
1,739.4
693.9
353.9
2,357.5
1,757.9
1,741.6
699.8
369.3
2,384.7
1,764.9
1,748.6
707.6
385.1
2,439.2
1,830.4
1,813.8
715.5
399.2
2,392.2
1,776.2
1,759.2
723.6
389.4
2,350.2
1,767.7
1,751.2
731.9
3,893.3
1,129.3
749.9
30
16
1.4
746.9
379.4
00
00
00
379.4
2,336.3
1,749.9
1,733.8
744.7
3,845.0
1,097.6
728.6
30
16
14
725.6
369.0
00
00
00
369.0
2,306.2
1,746.6
1,730.4
748.8
3,828.5
1,071.0
703.6
30
16
14
700.6
367.4
00
00
00
367.4
2,302.4
1,744.7
1,728.0
750.9
4.1
106.6
106.6
303.9
80.6
80.5
223.3
223.3
12.6
987.1
982.0
865.6
813.3
0.0
1. The fiscal year estimates are the sum of quarterly estimates that are not seasonally adjusted and that are consistent
with the budget proposals.
2. These estimates are published in the NIPA tables 3.2 and 3.9.5 in this issue.
3. The NIPA estimate of corporate profits tax accruals for the fourth quarter of 2010 will not be available until the release
2011
of the third estimate of gross domestic product on March 25,2011. The value shown is derived from the budget.
4. Consists of premium payments from participants in the Community Living Assistance Services and Supports
(CLASS) insurance program and premium payments from participants in Temporary High Risk Health Insurance Pool
programs that are managed by the Department of Health and Human Services. These programs were established by the
Patient Protection and Affordable Care Act of 2010.
March
20 1 1
S u r v e y o f C u r r e n t B u s in e s s
21
Receipts and Expenditures
quarters at seasonally adjusted annual rates]
Quarter
Calendar year
Estimated
Published2
Fiscal year estimates'
Published2 Estimated
2010
2010
2011
2012
2010
2011
I
II
2012
2011
III
IV
I
715.5
0.0
0.0
II
III
742.2
6.6
0.0
6.6
548.5
75.9
66.9
11.2
10.4
72.4
0.4
49.1
67.3
79.5
16.3
498.3
2.6
4.3
6.8
18.8
0.2
0.3
18.3
7.8
1.4
4.1
5.0
25.1
301.2
271.5
-8.5
38.2
0.5
46.1
92.8
3.0
81.6
4.2
3.9
744.2
6.6
0.0
6.6
547.9
72.7
66.9
11.2
10.4
72.3
0.4
49.2
67.3
78.9
16.7
492.0
2.6
4.1
7.1
13.7
0.2
0.2
13.3
6.3
1.0
1.6
4.4
22.9
307.7
277.6
-8.3
38.5
0.6
41.9
91.5
3.2
80.6
4.1
3.5
719.7
0.0
0.0
561.6
123.8
62.7
11.2
10.1
73.0
0.4
45.9
68.0
107.7
18.9
549.8
2.8
4.3
5.5
26.0
0.1
0.2
25.6
6.5
2.1
11.5
5.5
28.1
303.4
275.8
-6.8
34.4
0.5
79.0
100.2
2.7
85.5
5.2
6.9
523.8
137.7
60.2
10.8
8.9
67.2
0.5
44.1
73.0
108.0
16.2
529.6
2.3
4.1
6.5
15.6
0.1
0.3
15.2
6.0
1.4
3.2
4.7
23.2
308.8
281.4
-4.0
31.4
0.6
72.1
96.6
2.6
83.2
5.3
5.5
551.0
109.0
65.9
11.0
9.6
72.8
0.4
46.9
63.5
118.5
16.6
541.7
2.6
4.4
5.2
27.3
0.1
0.4
26.8
8.6
2.4
10.4
5.5
29.4
293.7
265.3
-7.4
35.7
0.5
79.5
99.3
2.7
84.5
4.8
7.3
512.9
147.1
56.7
10.7
8.8
64.8
0.5
43.0
73.0
103.5
15.8
514.6
2.1
3.8
5.7
15.3
0.1
0.5
14.7
6.1
1.4
2.4
4.8
20.4
290.9
267.3
-5.6
29.3
0.5
82.1
93.8
2.5
81.1
5.3
4.8
519.9
137.9
59.2
10.8
8.9
66.2
0.5
43.6
73.0
108.3
16.1
525.0
2.3
4.1
6.3
16.4
0.1
0.3
16.0
6.4
1.3
3.0
5.3
23.9
304.5
271.9
-0.2
32.9
0.5
72.1
94.9
2.6
81.5
5.3
5.5
529.6
136.9
62.0
10.8
8.9
68.1
0.4
44.6
73.0
111.1
16.5
539.3
2.2
4.4
6.8
16.6
0.1
0.2
16.3
7.1
1.7
3.8
3.8
25.2
311.9
284.4
-4.5
32.0
0.7
73.5
98.0
2.6
84.0
5.3
6.1
532.9
128.9
62.8
10.8
8.9
69.5
0.4
45.3
73.0
109.3
16.3
539.5
2.6
3.9
7.0
14.0
0.1
0.2
13.7
4.4
1.0
3.4
4.8
23.4
327.7
302.0
-5.8
31.5
0.7
60.5
99.7
2.8
86.0
5.3
5.7
545.1
123.4
64.6
10.9
9.2
71.7
0.4
45.9
63.5
106.2
16.3
545.4
2.6
4.2
6.1
19.8
0.1
0.3
19.4
6.3
1.7
6.3
5.1
26.5
309.1
282.3
-6.4
33.2
0.6
75.9
100.5
2.8
85.9
5.1
6.8
552.3
115.4
65.8
10.9
9.5
73.0
0.4
46.6
63.5
160.7
16.6
548.8
2.6
4.4
5.1
26.7
0.1
0.4
26.2
8.2
2.3
10.3
5.4
29.6
292.7
265.1
-7.3
34.9
0.5
87.2
100.1
2.7
85.1
4.9
7.4
554.6
105.0
66.5
11.0
9.8
73.5
0.4
47.2
63.5
104.1
17.0
551.9
2.6
4.5
4.6
33.9
0.1
0.4
33.3
10.1
2.8
14.5
5.9
31.7
283.5
254.0
-7.7
37.3
0.4
91.3
99.3
2.6
84.0
4.7
8.0
552.0
92.1
66.5
11.0
10.1
73.0
0.4
47.8
63.5
103.0
16.5
520.6
2.6
4.3
5.0
28.8
0.2
0.4
28.2
9.9
2.6
10.3
5.4
29.6
289.3
259.7
-8.0
37.5
0.5
63.4
97.2
2.8
83.0
4.5
7.0
61.6
314.2
72.6
12.9
34.9
24.8
0.0
63.9
360.2
78.8
13.1
35.3
30.4
0.0
58.4
289.6
57.5
12.4
33.6
11.5
0.0
65.1
327.3
68.3
12.2
34.8
21.3
0.0
62.5
271.6
55.8
12.6
33.1
10.2
0.0
53.8
294.9
56.4
12.5
33.3
10.6
0.0
57.1
289.8
57.0
12.5
33.6
10.9
0.0
60.1
301.9
60.7
12.0
34.2
14.5
0.0
74.5
311.4
64.8
12.1
34.5
18.1
0.0
59.9
321.5
67.7
12.2
34.8
20.8
0.0
64.1
332.2
69.6
12.2
34.9
22.4
0.0
61.9
343.9
70.9
12.3
34.8
23.9
0.0
79.0
356.0
71.7
12.3
34.9
24.4
0.0
61.3
368.8
72.3
12.3
35.2
24.8
0.0
65.7
382.3
72.8
12.3
35.4
25.0
0.0
Net federal government saving....................... -1,305.1 -1,520.7 -1,046.6
-1,332.8
-1,502.9 -1,314.2 -1,336.5 -1,343.4 -1,337.1 -1,494.5 -1,582.0 -1,540.0 -1,395.1 -1,064.2
-928.0
-843.3
Addenda:
Gross investment6..................................................................
167.6
190.6
192.6
National defense.................................................................
115.4
134.6
136.1
Nondefense........................................................................
52.2
56.0
56.5
Consumption expenditures and gross investment............. 1,208.3 1,320.6 1,307.7
807.4
877.8
National defense.................................................................
865.0
442.8
Nondefense........................................................................
400.9
442.7
Total receipts
2,374.2 2,412.9 2,859.6
Current receipts.................................................................. 2,355.5 2,400.8 2,846.1
18.7
Capital transfer receipts.....................................................
12.0
13.4
Total expenditures................
3,877.7 4,162.5 4,095.8
3,660.7 3,921.6 3,892.8
Current expenditures.......
167.6
190.6
Gross government investment..........................................
192.6
Capital transfer payments
177.5
184.6
153.3
Net purchases of nonproduced assets...........................
0.0
0.1
-3.7
128.1
134.3
139.2
Less: Consumption of fixed capital.................................
Net lending or net borrowing ( - ) ........................................... -1,503.5 -1,749.7 -1,236.2
170.8
119.5
51.3
1,214.3
817.7
396.6
2,401.6
2,386.1
15.5
3,912.7
3,718.9
170.8
152.4
0.3
129.7
-1,511.2
189.7
168.2
172.3
181.7
192.0
189.9
188.9
190.8
189.9
160.8
193.0
184.5
136.4
135.2
135.7
136.7
112.4
119.6
131.7
138.9
137.0
117.9
127.9
139.9
53.6
53.9
48.4
50.3
52.7
52.8
53.1
53.5
53.8
53.1
53.8
53.1
1,325.2 1,178.1 1,206.7 1,233.9 1,238.3 1,280.4 1,323.0 1,356.4 1,340.8 1,318.2 1,288.4 1,260.7
885.2
904.2
897.9
865.7
839.3
886.3
796.3
813.0
830.8
830.6
857.9
885.0
452.2
442.9
433.0
422.8
421.3
381.8
393.7
403.1
407.7
422.5
438.0
438.9
2,432.4 2,345.1 2,384.2 2,433.1 2,443.8 2,361.2 2,398.2 2,434.1 2,535.9 2,842.4 2,932.6 2,998.8
2,419.5 2,322.8 2,364.7 2,417.3 2,439.6 2,353.8 2,384.8 2,418.5 2,520.7 2,829.1 2,917.0 2,985.2
15.2
13.3
15.7
13.6
12.9
22.2
19.6
15.8
4.2
7.4
13.4
15.6
4,156.8 3,828.7 3,936.3 3,935.6 3,950.3 4,104.1 4,210.9 4,207.5 4,104.5 4,083.7 4,040.5 4,024.7
3,922.4 3,637.1 3,701.2 3,760.7 3,776.7 3,848.3 3,966.8 3,958.5 3,915.8 3,893.3 3,845.0 3,828.5
188.9
189.7
168.2
192.0
189.9
190.8
189.9
160.8
172.3
181.7
193.0
184.5
139.9
143.8
151.2
196.4
130.9
196.2
194.5
193.3
148.1
181.0
158.3
124.0
-3.7
-3.7
-3.7
-3.7
-0.7
1.9
0.1
0.1
0.1
-0.9
-0.1
0.1
138.6
140.9
130.2
136.4
137.5
139.8
135.6
127.3
128.8
132.3
133.5
135.0
-1,724.4 -1,483.6 -1,552.1 -1,502.5 -1,506.4 -1,742.9 -1,812.7 -1,773.4 -1,568.6 -1,241.3 -1,107.9 -1,026.0
January 2 0 1 2 ....................................................
Medicare....................
Unemployment benefits............................................
Veterans benefits.....
Railroad retirement..
Military medical insurance.......................................
Food stamps.............
Black lung benefits...
Supplemental security incom e................................
Earned income and child tax credits......................
All other......................................................................
To rest of the w o rld ........................................................
Grants-in-aid to state & local governments....................
General public service..................................................
National defense
Public order and safety.................................................
Economic affairs............................................................
Transportation5..........................................................
S pace...........
Other economic affairs.............................................
General economic and labor affairs....................
Agriculture.............................................................
Energy...............................
Natural resources............
Housing and community services................................
H ealth.........................................
Medicaid................................
Prescription drug plan clawback..............................
O ther.....................................
Recreation and culture.................................................
Education.......................................................................
Income security..............................................................
Disability.....................................................................
Welfare and social services.....................................
Unemployment..........................................................
O th er..........................................................................
Other current transfer payments paid to the rest of the
world................................................................................
Federal interest paid..............................................................
Subsidies.................................................................................
Agricultural..........................................................................
Housing...............................................................................
O ther...................................................................................
Less: Wage accruals less disbursements..........................
516.0
140.3
55.8
11.0
9.0
64.7
0.4
43.7
77.6
100.0
17.6
523.1
2.6
4.0
6.5
18.3
0.1
0.2
17.9
5.4
1.3
6.4
4.8
22.7
299.0
272.4
-4.5
31.1
0.5
73.4
96.1
2.4
82.6
5.6
5.4
45.5
276.4
54.9
12.6
33.6
8.7
0.0
5. Most transportation grants-in-aid to state and local governments are classified as capital transfers paid (see the
addenda), but water and railroad transportation grants are still classified as current-account transactions.
6. Gross investment consists of general government and government enterprise expenditures for fixed assets; inventory
investment is included in federal government consumption expenditures.
707.6
0.0
0.0
I
690.1
0.0
710.1
0.0
0.0
699.8
0.0
IV
731.9
0.0
0.0
737.6
5.0
0.0
5.0
564.9
86.4
64.6
11.4
11.1
73.6
0.4
48.4
71.8
73.0
18.7
507.9
2.8
4.2
6.1
23.9
0.2
0.2
23.5
7.6
1.8
9.0
5.2
26.7
298.7
268.8
-8.3
38.2
0.4
50.8
94.3
2.9
81.9
4.5
4.9
683.9
693.9
0.0
III
723.6
0.0
0.0
738.1
6.6
0.0
6.6
549.9
82.4
66.9
11.1
10.3
72.6
0.4
48.8
67.3
79.5
16.1
507.3
2.6
4.1
6.3
25.0
0.2
0.3
24.5
9.2
1.8
8.4
5.1
27.9
295.8
266.2
-8.3
37.9
0.5
50.9
94.2
2.9
81.7
4.3
5.4
Regular...................................................................
688.2
0.0
II
678.4
0.0
Sources: Budget of the United States Government, Fiscal Year 2012 and the Bureau of Economic Analysis,
FICA Federal Insurance Contributions Act
NIPAs National income and product accounts
SECA Self-Employment Contributions Act
22
March 2011
■ B E A B R IE FIN G
C o m p arin g N IPA Profits W ith S & P 500 P rofits
By Andrew W. Hodge
ORPORATE profits m easures from the B ureau o f
Econom ic Analysis national incom e and product
accounts (NIPAs) and from Standard and P oor’s (S&P)
are widely followed by econom ists.1 The m easures,
however, differ significantly, reflecting differences in
purpose, coverage, source data, definitions, and m eth
odologies. In this article, the NIPA m easures o f profits
are com pared w ith S&P 500 m easures o f reported
earnings and operating earnings. The com parison in
dicates th at although long-term trends o f NIPA profits
m easures an d S&P earnings m easures are broadly sim
ilar, sh o rt-term annual and quarterly grow th rates can
differ dramatically. For example, b o th S&P 500 earn
ings m easures fall by larger percentages during reces
sions th an the NIPA profits m easures and then rise
faster to converge back tow ard NIPA profits trends.
NIPA profits m easures are designed to reflect the
national econom ic accounting concept o f “incom e
from cu rren t production” and to provide consistent
coverage over tim e o f all U.S. corporations, including
private corporations and S corporations. Prim arily re
flecting this b roader coverage, total after-tax NIPA
profits are typically about twice as high as S&P 500 o p
erating earnings during expansions. In contrast, the
purpose o f the S&P 500 earnings m easures is to serve
as benchm arks for com paring the perform ance o f in d i
vidual com panies, w hich are reported on a financial
accounting basis th at reflects “generally accepted ac
counting principles,” o r GAAP, accounting.
C
N IP A Profits
C orporate profits in national incom e is the incom e
earned from cu rren t p ro d u ctio n by U.S. corporations.
Because national incom e is defined as the incom e o f
U.S. residents, its profits com ponent includes incom e
earned abroad by U.S. corporations and excludes in
com e earned in the U nited States by foreign co rpora
tions o r their subsidiaries. Incom e consists o f receipts
from cu rren t pro d u ctio n less associated expenses.
NIPA receipts exclude incom e in the form o f dividends
and capital gains. NIPA expenses exclude bad debts,
1.
Information about the S&P 500 index is available
www2.standardandpoors.com/spf/pdf/index/SP_500_Factsheet.pdf.
depletion, and capital losses. NIPA profits from cu r
rent production— profits before tax w ith inventory
valuation and capital consum ption adjustm ents— are
based on valuations o f w ithdraw als from inventories
and depreciation o f fixed assets at current cost th at use
consistent depreciation profiles based on used asset
prices.
Source data
M ost businesses report profits inform ation o n a financial-accounting basis and on a tax-accounting basis.
W hile b o th financial accounting and tax accounting
calculate profits as the difference betw een receipts and
expenses, they differ in the definitions o f som e receipts
and expenses and in the tim ing o f w hen som e receipts
and expenses are recorded. N either tax accounting
m easures n o r financial accounting m easures are en
tirely suitable for im plem enting the NIPA concept o f
corporate profits. Consequently, the procedure for es
tim ating NIPA corporate profits m ainly consists o f ad
justing, supplem enting, and integrating financialbased and tax-based source data.
The tax accounting m easures published annually by
the Internal Revenue Service (IRS) in Statistics o f In
come (SOI): Corporation Income Tax Returns are the
prim ary source data for the annual NIPA estim ates o f
corporate profits.2 This com prehensive IRS reporting
o f federal corporate incom e tax returns is only avail
able annually and w ith a 2-year lag. A lthough financial
data are less com prehensive than tax data, they are p re
pared quarterly, and they are available sooner. As a re
sult, data from financial accounting measures,
including financial data from the Census Bureau, p u b
licly available financial accounting profits data, and
other source data are used to interpolate and extrapo
late the tax-return-based NIPA profits.3
The key NIPA data source for the m ost recent year
and for the quarterly estim ates for m anufacturing,
m ining, and wholesale and retail trade sector profits is
the Census Bureau’s Quarterly Financial Report . 4 This
2. For more information, go to www.irs.gov/pub/irs-soi/07coccr.pdf.
3. These procedures are described in www.bea.gov/scb/pdf/NATIONAL/
at NIPA/Methpap/methpap2.pdf.
4. For more information, go to www.census.gov/csd/qfr/view/qfr_mg.pdf.
March 2011
23
S u r v e y o f C u r r e n t B u sin e s s
rep o rt provides quarterly source data for operating
profits for ab out 9,000 com panies. Nearly all o f the
com panies in the surveyed sectors th at have dom estic
assets o f over $250 m illion are included. Smaller cor
porations, including private corporations and S corpo
rations, are sam pled.
Financial reports filed w ith regulatory authorities
provide profit indicators for com m ercial banks, sav
ings and loans, and property and casualty insurers.
The largest o f these is the Federal D eposit Insurance
C o rp o ratio n re p o rt on insured institutions in the
Quarterly Banking Profile.5 The rem aining sectors of
the econom y are estim ated w ith m atched sam ple p a n
els o f adjusted financial accounting earnings com piled
from publicly available sources.
In order to estim ate NIPA corporate profits, the SOI
tabulations o f “total receipts less total deductions” are
adjusted to conform to NIPA concepts.6 In particular,
the adjustm ents to exclude capital gains from NIPA re
ceipts and capital losses and bad debts from NIPA ex
penses result in significant differences betw een the
NIPA m easures o f corporate profits and b o th the fi
nancial accounting and the tax accounting measures.
C apital gains and losses are excluded from the NIPA
profits m easures because they result from the revalua
tion o f existing assets rather th an from current p ro
duction. Similarly, bad debts are n o t deducted as
expenses, because they are n o t costs o f current produc5. For
more
information,
go
to
vww2.fdic.gov/qbp/
qbpSelect.asp?menuItem=QBP.
6. See NIPA table 7.16, “Relation of Corporate Profits, Taxes, and Divi
dends in the National Income and Product Accounts to Corresponding
Measures as Published by the Internal Revenue Service.”
tion. NIPA table 7.16 shows the relation o f corporate
profits, taxes, and dividends in the NIPAs to corre
sponding m easures published by the IRS. The two
largest adjustm ents are the m isreporting adjustm ent
and the adjustm ents for capital gains and losses on the
sale o f property.
National and domestic profits
The NIPAs include tabulations for b o th national p ro f
its and dom estic profits. NIPA national profits are
closer in concept to the GAAP and S&P 500, because
like GAAP, they are the global profits o f U.S.-head
quartered com panies only. In contrast, dom estic p ro f
its are profits earned from U.S. operations regardless o f
where the com pany is headquartered. N ational profits
are p art o f national incom e (show n in NIPA table 1.12)
in the NIPAs, and dom estic profits are p art o f gross d o
m estic incom e (show n in NIPA table 1.10).
N ational profits have been growing m ore rapidly
th an dom estic profits because o f rapid foreign earnings
grow th, w hich has grow n elevenfold since 1980. The
share o f national corporate profits accounted for by
foreign profits (receipts from the rest o f the w orld) has
trended upw ard for the last 60 years, peaking at 45.3
percent in 2008 (chart 1).
To analyze incom e earned from dom estic p ro d u c
tio n activities, a m easure o f dom estic corporate profits
and other incom e earned in the U nited States is
needed. D om estic profits are p art o f gross dom estic in
come, w hich is conceptually equivalent to gross d o
m estic product, though m easurem ent differences
generally yield a small statistical discrepancy between
the two. To prepare estim ates o f dom estic profits,
Chart 1. Foreign Profits’ Share of NIPA National Profits ______
Percent
50
45
40
35
30
25
20
15
10
5
0
1950
1955
U.S. Bureau of Economic Analysis
1960
1965
1970
1975
1980
1985
1990
1995
2000
2005
2009
Comparing NIPA Profits With S&P 500 Profits
24
adjustm ents rem ove foreign earnings o f U.S.
corporations and add earnings o f foreign com panies in
the U nited States.
March 2011
prices. Recent depreciation adjustm ents, w hich reflect
the difference betw een tax-based depreciation and the
NIPA estim ates o f econom ic depreciation, have been
large, reaching a value o f -$180.5 billion in 2007. Bo
nus depreciation in the recent tax laws has raised tax
accounting depreciation, m ost recently to 100 percent
expensing in the same year, to reduce corporate profits
taxes.
N ational after-tax profits w ithout IVA and CCAdj
are conceptually closest to S&P 500 profits, since S&P
500 profits m easure the after-tax w orldwide earnings
of U.S. corporations. They also appear to have trended
similarly w ith S&P 500 operating profits, as discussed
in the final section.
Before- and after-tax profits
The NIPAs present a variety o f profits m easures, in
cluding before-tax and after-tax profits. Table 1 shows
the m ajor NIPA profits concepts, their relations to each
other, and the adjustm ents needed. N ational corporate
profits before tax incorporates adjustm ents to IRS “to
tal receipts less total deductions” show n in NIPA table
7.16.
Profits before tax reflect the charges used in tax ac
counting for inventory withdraw als and depreciation.
The inventory valuation adjustm ent (IVA) and the
capital co nsum ption adjustm ent (CCAdj) are used to
adjust before-tax profits to NIPA asset valuation con
cepts. The IVA adjusts inventories to a current-cost b a
sis, w hich is sim ilar to valuation o f inventory
w ithdraw als on a last-in/first-out basis. The CCAdj ad
justs tax-reported depreciation to the NIPA concept o f
econom ic depreciation (or “consum ption o f fixed cap
ital”), w hich values fixed assets at current cost and uses
consistent depreciation profiles based on used asset
S& P 500 Profits
The S&P 500 m easures o f reported earnings, operating
earnings, and earnings per share reflect the aggregate
earnings o f the 500 corporations th at com pose the
stock index, and they are m easured on a financial-accounting basis. R eported earnings are based on the af
ter-tax earnings th at are publicly reported by
corporations, w hich include operating and n o n o p erat
ing earnings.
Table 1. NIPA Profits, Taxes on Corporate Income, and Profits After Tax
[Billions of dollars]
Corporate profits after tax
Corporate profits before tax
National
Year
Corporate
Corporate
profits
profits
with IVA
before tax
and CCAdj
Rest of the world
Domestic industries
IVA
CCAdj
Corporate
Profits
profits
with IVA before tax
and CCAdj
Total
10
Domestic industries
Profits
after tax
with IVA
and CCAdj
Profits
after tax
Profits
after tax
with IVA
and CCAdj
Profits
after tax
11
12
13
14
1
2
3
4
5
6
201.4
223.3
205.7
259.8
318.6
253.5
243.7
198.6
234.0
268.6
-42.1
-24.6
-7.5
-7.4
-4.0
-10.0
4.2
14.6
33.3
54.0
166.0
193.6
173.1
224.8
282.0
218.1
214.1
166.0
198.9
232.0
35.5
29.7
32.6
35.1
36.6
43.8
38.1
36.7
41.1
46.1
8.4
8.4
4.1
6.0
9.5
87.2
84.3
66.5
80.6
97.5
114.2
138.9
139.2
179.2
221.1
166.4
159.4
132.1
153.4
171.1
78.8
109.3
106.6
144.1
184.5
130.9
129.7
99.5
118.3
134.5
1985.............................................
1986.............................................
1987.............................................
1988.............................................
1989.............................................
332.5
314.1
367.8
426.6
425.6
257.5
246.0
323.1
389.9
390.5
0.0
7.1
-16.2
-22.2
-16.3
75.1
61.1
61.0
58.9
51.5
294.4
274.7
319.8
369.6
358.4
219.4
206.5
275.1
332.9
323.3
38.1
39.5
48.0
57.0
67.1
46.8
48.7
58.9
71.6
75.5
8.7
9.2
10.9
14.6
8.4
99.4
109.7
130.4
141.6
146.1
233.1
204.5
237.4
285.0
279.5
158.1
136.3
192.7
248.3
244.4
195.0
165.0
189.4
228.0
212.4
120.0
96.8
144.6
191.3
177.3
1990.............................................
1991.............................................
1992.............................................
1993.............................................
1994.............................................
434.4
457.3
496.2
543.7
628.2
411.7
425.4
474.4
519.0
599.0
-12.9
4.9
-2.8
-4.0
-12.4
35.7
27.0
24.6
28.7
41.6
358.4
380.8
423.1
466.8
550.3
335.6
348.9
401.3
442.1
521.1
76.1
76.5
73.1
76.9
78.0
80.9
75.5
78.3
88.9
104.5
4.8
-1.0
5.2
12.0
26.6
145.4
138.6
148.7
171.0
193.1
289.0
318.7
347.5
372.7
435.1
266.3
286.8
325.7
348.0
405.9
212.9
242.2
274.4
295.7
357.1
190.2
210.3
252.6
271.1
327.9
1995.............................................
1996.............................................
1997.............................................
1998.............................................
1999.............................................
716.2
801.5
884.8
812.4
856.3
684.3
740.7
801.8
722.9
780.5
-18.3
3.1
14.1
15.7
-4.0
50.2
57.7
69.0
73.8
79.7
623.2
699.5
777.3
709.7
734.8
591.3
638.8
694.2
620.1
659.0
92.9
102.0
107.6
102.8
121.5
127.4
139.4
155.5
146.8
176.8
34.4
37.4
47.9
44.0
55.3
217.8
231.5
245.4
248.4
258.8
498.3
570.0
639.4
564.1
597.5
466.5
509.3
556.3
474.5
521.7
405.4
468.1
531.9
461.3
476.0
373.5
407.3
448.8
371.8
400.2
2000.............................................
2001 .............................................
2002.............................................
2003.............................................
2004.............................................
819.2
784.2
872.2
977.8
1,246.9
772.5
712.7
765.3
903.5
1,229.4
-16.8
8.0
-2.6
-11.3
-34.3
63.6
63.4
109.4
85.6
51.8
673.6
614.5
714.3
812.0
1,041.9
626.8
543.0
607.5
737.7
1,024.4
145.6
169.7
157.9
165.8
205.0
202.5
182.6
204.4
249.2
328.2
56.9
12.9
46.5
83.4
123.1
265.1
203.3
192.3
243.8
306.1
554.1
580.9
679.9
734.0
940.8
507.4
509.4
573.0
659.7
923.3
408.5
411.2
522.0
568.3
735.8
361.8
339.7
415.1
494.0
718.3
2005.............................................
200 6 .............................................
2007.............................................
2008.............................................
2009.............................................
1,456.1
1,608.3
1,510.6
1,262.8
1,258.0
1,640.2
1,822.7
1,738.4
1,333.2
1,316.7
-30.7
-38.0
-47.2
-44.1
11.9
-153.4
-176.4
-180.5
-26.3
-70.6
1,216.6
1,351.5
1,159.8
851.5
905.7
1,400.7
1,565.9
1,387.5
921.9
964.4
239.4
256.8
350.9
411.3
352.3
384.1
434.4
510.6
571.8
480.6
144.6
177.6
159.7
160.5
128.3
412.4
473.3
445.5
308.4
254.9
1,043.7
1,135.0
1,065.2
954.4
1,003.1
1,227.8
1,349.5
1,292.9
1,024.8
1,061.8
804.3
878.2
714.3
543.1
650.8
988.3
1,092.6
942.0
613.6
709.5
8
Taxes on
corporate
income
1980.............................................
1981.............................................
1982.............................................
1983.............................................
1984.............................................
NIPA National income and product accounts
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment
7
Receipts
Less:
from the Payments
rest of the to the rest
world
of the world
National
9
March 2011
S u r v e y o f C u r r e n t B u sin e s s
The S&P 500 stock index is intended to gauge
changes in the total stock m arket value o f the 500 lead
ing corporations chosen by S&P. The inclusion o f a
corporation in the index is based on its m arket value,
capitalization, trading activity, and industry group
representation. As a m arket-based index, the S&P 500
com pany list is continuously changing. C om panies
grow or shrink, undergo m ergers and acquisitions,
bankruptcy, or restructuring. They m ay no longer sat
isfy trading volum e or stock price m inim um s. Because
the com position o f com panies in the S&P 500 changes
regularly, the S&P 500 earnings m easures reflect a
shifting m arket basket o f corporations, and the series
for reported earnings and operating earnings are dis
continuous over time. Their grow th rates partly reflect
changes in the com position o f the index.
The m ost com m only used m easure o f S&P 500 total
profits includes nonoperating profits and losses. The
largest nonoperating expenses are pension valuation
and pension interest adjustm ents, including adjust
m ents for securities in defined benefit pension p ro
gram s, and capital losses, including w ritedow ns and
goodwill im pairm ents. There are no agreed u pon gen
erally accepted accounting principles (GAAP) for
w hich “non o p erating” item s should be excluded, b u t
S&P applies a consistent m ethodology to produce an
index o f operating earnings. These nonoperating losses
tend to becom e larger during recessions, as show n in
chart 2, and fu rther depress S&P total earnings.
S&P quarterly estimates are rarely restated. Early
estim ates o f taxes due, for example, rem ain the same
even w hen actual taxes owed are revised.
D ifferences B etw een A nnual N IPA and
S& P 500 Profits
The m ain differences between annual NIPA profits and
S&P 500 profits are differences in coverage, industry
representation, and accounting principles.
Coverage
NIPA profits include the profits o f all U .S.-headquar
tered corporations. S&P 500 profits exclude unconsoli
dated subsidiaries, all other public corporations, all
private C corporations, and all S corporations,
In 2007, the latest year for w hich IRS data are avail
able, 5.9 m illion corporate tax returns were filed. Be
cause the earnings o f small and m idsized corporations
do n o t necessarily move in line w ith the earnings of
large corporations, changes in NIPA profits m ay differ
from changes in S&P 500 earnings. The NIPA profits
m easures include, for example, all the corporations,
even those th at show persistent losses, b u t the S&P 500
m easures are lim ited to the largest, and generally m ore
profitable, corporations. All these coverage differences
will tend to produce varying earnings grow th results.
Industry representation
The S&P 500 index is lim ited to publicly traded co rp o
rations, so certain sectors o f the econom y— such as
construction, legal services, and m edical services—
m ay be under-represented because fewer corporations
in these sectors m eet the criteria for inclusion in the
S&P 500 index.
Thus, the industry com position o f the S&P 500
earnings does n o t reflect the industry com position o f
Chart 2. NIPA Corporate Profits and S&P Corporate Profits
1990=100
600
— S&P 500 operating index
— S&P 500 reported index
—- - NIPA national after-tax index
-6 0 0 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002 2003 2004 2005 2006
2007 2008 2009 2010
N ote . 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.
U.S. Bureau of Economic Analysis
25
26
Comparing NIPA Profits With S&P 500 Profits
the overall economy. Specifically, energy, m anufactur
ing, in fo rm ation technology, and financial corpora
tions are disproportionately represented in the S&P
500 and in som e recent years have accounted for m ore
th an 80 percent o f S&P 500 operating earnings.
Accounting principles
A ccounting principles affect the definition o f som e re
ceipts an d expenses and their tim ing and thus have an
im pact on corporate profits m easures.
• The appreciation o f securities in corporate-spon
sored defined benefit pension plans can result in
increased earnings un d er financial accounting b u t
n o t in SO I or NIPA measures.
• The respective treatm ents o f employee stock options
differ significantly. NIPA accounting and tax
accounting have always treated employee stock
options as an expense only w hen (and if) options
are exercised. It is an operating expense and there
fore always a cost deduction in the NIPA profits cal
culation. However, GAAP accounting now expenses
options at grant or on a schedule beginning at
grant. The valuation o f the options is based on a
form ula th at is in tu rn based on the right to even
tual exercise, and considerable discretion is allowed.
U ntil 2006, GAAP option expense reporting was
com pletely at a com pany’s discretion and reported
as a non o p erating expense or, often, n o t reported at
all. Since 2006, options grant expense was m a n
dated by GAAP. It was included in S&P reporting
starting in 2006 as an operating profits deduction.7
• E xpenditures associated w ith plant closings and
7.
Carol E. Moylan, “Employee Stock Options and the National Economic
Accounts,” S u r v e y o f C u r r e n t B u s in e ss 8 8 (February 2 0 0 8 ) : 7 - 1 3 .
March 2011
com pany reorganizations are recorded as an
expense un d er financial accounting when com pa
nies establish reserves for their estim ated future
costs. In tax accounting, these expenditures are
recorded only w hen they are actually m ade. Such
differences can result in substantial sho rt-term
divergences between the S&P and NIPA m easures o f
profits.
• The adjustm ent o f S&P earnings to an operating
earnings concept depends on interpretations o f
w hat constitutes special or extraordinary item s and
the degree to w hich corporations disclose or q u an
tify the am ounts.
• The corporate taxes deducted in preparing S&P 500
profits are early estim ates o f taxes th at are based on
future taxes due. They are n o t revised. Early NIPA
tax accrual estim ates are revised w hen paym ents
and SOI data are available. S&P 500 com panies
report pre-tax earnings, b u t they tend to be less
prom inently featured.
It is therefore m isleading to directly com pare the
grow th rates o f the NIPA m easures o f corporate profits
w ith those o f the S&P 500 m easures o r others like
them . However, com parisons are m eaningful if adjust
m ents are m ade for the differences in coverage, in d u s
try com position, an d definitions.
The adjusted NIPA after-tax profits estimates, which
include capital gains and losses and bad debt expenses,
provide one conceptual bridge to understand the dif
ferences between NIPA grow th rates and SOI grow th
rates (table 2). The differences between the grow th
rates o f S&P reported earnings per share and those o f
S&P reported earnings and the differences betw een the
grow th rates o f S&P operating earnings per share and
those o f S&P operating earnings reflect the im pact of
Table 2. Comparison of Selected Measures of Profits
Line
Billions of dollars:
NIPA national profits after tax 1..............................................................................
Plus: Capital gains, net of losses...........................................................................
Equals: Adjusted NIPA national profits after ta x ..................................................
Percent change from preceding year:
S&P 500 reported earnings....................................................................................
Earnings per share..............................................................................................
Earnings................................................................................................................
S&P 500 operating earnings..................................................................................
Earnings per share..............................................................................................
Earnings................................................................................................................
SOI total receipts less deductions..........................................................................
Adjusted NIPA national profits after tax (based on line 4 ) ..................................
NIPA national profits aftertax (based on line 1 )..................................................
1. Without inventory valuation adjustment and capital consumption adjustment
NIPA National income and product accounts
S&P Standard & Poor’s
SOI Statistics of Income
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
1
2
3
4
507.4
107.7
286.3
686.0
509.4
142.2
156.6
523.8
573.0
168.0
96.4
501.4
659.7
151.1
123.3
631.9
923.3
139.7
170.8
954.4
1,227.8
119.0
246.1
1,354.9
1,349.5
105.9
281.5
1,525.1
1,292.9
130.0
324.5
1,487.4
1,024.8
1,061.8
b
6
3.8
9.0
-50.6
-48.5
11.7
13.8
76.7
77.7
20.1
21.0
19.4
16.4
16.6
15.7
-18.8
-20.0
-77.5
-77.8
242.5
244.8
/
8
9
10
11
8.6
14.2
-1.2
-0.7
-2.7
-30.8
-27.9
-35.5
-23.6
0.4
18.5
20.6
-6.7
-4.3
12.5
18.8
19.4
36.1
26.0
15.1
23.8
24.7
43.6
51.0
40.0
13.0
10.2
75.9
42.0
33.0
14.7
13.8
0.4
12.6
9.9
-5.9
-7.4
-5.9
-2.5
-4.2
^ 0 .0
-41.0
14.8
16.0
-20.7
3.6
March 2011
S u r v e y o f C u r r e n t B u sin e s s
corporate turnover in the S&P 500, and the differences
betw een the grow th rates o f S&P operating earnings
an d those o f SOI before-tax receipts less deductions re
flect the differences in coverage, industry representa
tion, an d accounting principles betw een the after-tax
S&P 500 operating earnings and the pretax SOI tax re
tu rn tabulations. The differences between grow th rates
o f SOI before-tax receipts less deductions and those of
NIPA national profits after tax reflect the adjustm ents
th at are m ade to the SOI data to prepare NIPA profits
estimates.
The grow th rates o f the various m easures o f profits
are sim ilar in som e years and differ considerably in
others. For example, NIPA after-tax profits decreased
20.7 percent in 2008, while S&P 500 operating earn
ings decreased 41.0 percent and S&P 500 reported
earnings decreased 77.8 percent.
Q u arterly N IPA and S & P 500 Profits
M ost o f the differences noted above for the annual esti
m ates also apply to the quarterly estimates. The im
pacts o f the differences are m ore concentrated in
quarterly profits, resulting in even larger gaps betw een
NIPA an d S&P quarterly grow th rates. The quarterly
differences m ay also reflect the fact th at NIPA corpo
rate profits m easures are seasonally adjusted, while the
S&P 500 m easures are not.
However, the long-term tren d is broadly similar, es
pecially betw een S&P operating earnings and NIPA n a
tional profits after tax w ithout IVA and CCAdj.
The quarterly S&P operating and reported earnings
and quarterly NIPA profits in chart 2 are expressed as
indexes to facilitate com parisons betw een S&P earn
ings and the generally m uch higher NIPA profits. The
NIPA profits m easure used is national profits after tax
w ith o u t IVA and CCAdj, w hich is the best fit to the
S&P profits m easures. Indexes for operating and re
p o rted earnings show large declines relative to NIPA
profits during or shortly after recessions, b u t they then
ten d to reconverge w ith NIPA profits.
D uring the 1990-91 recession, S&P 500 profits fell
m ore th an NIPA profits. S&P 500 reported earnings
also continued to fall in the three quarters after the end
27
o f the recession, to 40.8 percent o f the NIPA profits in
dex in the fourth quarter o f 1991 from 103.5 percent in
the second quarter o f 1990 before the start o f the reces
sion. In the 2001 recession, S&P earnings fell sharply in
the first two quarters o f the recession. S&P reported
earnings decreased to 54.7 percent o f NIPA profits in
the second quarter o f 2001 from 113.8 percent in the
fourth quarter o f 2000 before the start o f the recession.
In b o th cases, sharp increases in S&P 500 earnings after
their recession lows bro u g h t earnings indexes back
close to the NIPA trend. D uring the 2007-2009 reces
sion, b o th S&P 500 earnings levels tu rn ed negative at
their lowest p o in t before m oving back up tow ard the
less volatile NIPA trend, b u t S&P 500 operating earn
ings showed less pronounced quarterly m ovem ents.
A key source o f high volatility in S&P 500 quarterly
reported earnings is asset w ritedow ns. In the m ost ex
trem e case, in the fourth quarter o f 2008, S&P 500
com panies reported a loss o f $202.1 billion (n o t an n u
alized) after a th ird -q u arter profit o f $65.2 billion. This
was associated w ith the w ell-publicized w ritedow ns o f
p ro m in en t financial com panies. AIG lost $61.7 billion,
and large w ritedow ns were also recorded by oth er large
financial com panies in the S&P 500, including C iti
group, Bank o f America, and M errill Lynch. In an ear
lier example, in the fourth quarter o f 2002, S&P 500
reported earnings fell 64.1 percent o r $51.0 billion.
This roughly accords w ith the $45.0 billion loss re
p o rted th at quarter by Tim e-W arner, at th at tim e the
largest quarterly corporate loss in history.
S&P 500 operating earnings in the fo u rth q uarter o f
2008 tu rn ed dow n, to a loss o f $0.8 billion from a gain
o f $87.8 billion in the th ird quarter. A lthough w rite
dow ns are excluded from the S&P 500 operating earn
ings m easures, trading gains and losses are considered
p art o f S&P 500 operating profits and losses, an d a
p o rtio n o f these are likely capital losses on held posi
tions rather th an spread or m arket-m aking profits.
NIPA profits indicators, such as the Quarterly Finan
cial Report and Quarterly Banking Profile, m ay exclude
these losses m ore effectively and NIPA profits m ay give
m ore weight to industries th at did n o t experience large
capital losses.
in i
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29
March 2011
Gross Domestic Product by Metropolitan Area
Advance Statistics for 2009 and Revised Statistics for 2001-2008
,
By Sharon D. Panek, Frank T. Baumgardner, Yolanda B. Langford and Ralph M. Rodriguez
HE EC O N O M IC dow n tu rn th at began in 2008
co ntinued in 2009 as 292 o f the n ation’s 366 m et
ropolitan areas experienced a contraction in real gross
dom estic p ro duct (GDP) (chart 1 and table 1). By
com parison, in 2008, real GDP in 200 m etropolitan ar
eas declined (chart 2). Real U.S. GDP by m etropolitan
area— a m easure o f nationw ide grow th calculated as
the sum o f GDP o f all m etropolitan areas deflated by a
national price m easure— declined 2.4 percent in 2009
after declining 0.4 percent in 2008.1
GDP by m etropolitan area is the m ost com prehen
sive m easure o f overall econom ic activity in individual
m etropolitan areas— the m etropolitan area counter
p art to GDP in the national incom e and product ac
counts (NIPAs). In February, the Bureau o f Econom ic
Analysis (BEA) released advance current-dollar and
real (chained-dollar) statistics o f GDP by m etropolitan
area for 2009.2 A dditional highlights for 2009 include
the following:
• D urable-goods m anufacturing and construction led
the decline in real U.S. GDP by m etropolitan area.
• The m etropolitan areas hardest hit by the decline in
durable-goods m anufacturing were in the Great
Lakes region.
• M etropolitan areas th at benefited from a strong
housing m arket earlier in the decade, such as Las
Vegas, were particularly hard hit by the decline in
construction in 2009.
• Real GDP grew in several m etropolitan areas as a
result o f grow th in natural resources and m ining
industries.
This article first focuses on the factors and in d u s
tries affecting real GDP grow th for the U.S. m etropoli
tan areas by briefly m entioning the largest declining
industries nationally and relating these industries to
T
1. These growth rates may differ from other previously reported national
GDP growth rates as explained in the box “Gross Domestic Product (GDP)
by Metropolitan Area Statistics.”
2. The metropolitan area definitions used by BEA for these statistics are
the county-based definitions issued by the Office o f Management and Bud
get in June 2003 (with revisions released in February 2004, March 2005,
December 2005, December 2006, November 2007, November 2008, and
December 2009) for federal statistical purposes.
where they are concentrated locally. Next, the article
discusses growing industries th at offset the national
decline and m etropolitan areas where these industries
are concentrated. The article then examines patterns in
per capita real GDP by m etropolitan area and co n
cludes w ith a discussion o f revisions to the GDP by
m etropolitan area statistics.
Industry C o n tribu tions to R egions
and M etro politan A reas
The decline in real GDP across the U nited States in
2009 was prim arily caused by declines in durablegoods m anufacturing, construction, and professional
and business services industries. For the nation, d u ra
ble-goods m anufacturing declined 12.7 percent in
2009, construction declined 15.6 percent, and profes
sional and business services declined 5.0 percent. The
U.S. m etropolitan p o rtio n o f national GDP showed a
sim ilar trend. A lthough the rate o f decline was faster
for the construction industry, durable-goods m anufac-
Acknowledgm ents
The statistics on gross domestic product (GDP) by
metropolitan area were prepared by staff in the
Regional Product Division under the direction of
Charles Ian Mead, Chief, Clifford H. Woodruff III,
Chief of the Regional Product Branch, and Sharon D.
Panek, Chief of the GDP by State Services Section.
Joel D. Platt, Associate Director for Regional Econom
ics, provided general guidance. Contributing staff
members were Slavea A. Assenova, Jonathan E. Avery,
Frank T. Baumgardner, Jacob R. Hinson, Yolanda B.
Langford, Lindsey J. Rittmueller, and Ralph M. Rod
riguez.
The staff would like to thank other members of the
Regional Product Division for their review of the sta
tistics and for their assistance with online publishing.
The staff would also like to thank Sharon C. Carnevale, Chief of the Regional Income Division, Melanie
N. Vejdani, and Callan S. Swenson for their support in
producing the statistics.
Chart 1. Percent Change in Real Gross Domestic Product (GDP) by Metropolitan Area, 2009
CO
o
Gross Domestic Product by Metropolitan Area
Highest quintile
[J Fourth quintile
Third quintile
| ] Second quintile
|
Lowest quintile
U.S. Bureau of Economic Analysis
March 2011
_ j Nonmetropolitan
March 2011
tu rin g represents a larger share o f total GDP (5.9 p er
cent) an d therefore contributed m ore to the decline in
total GDP (0.77 percentage point) (table 2).
Real GDP declined in seven o f the eight BEA regions
and in the U.S. m etropolitan p o rtio n (2.4 percent).3
The decline was m ost pronounced in the Great Lakes
(4.8 percent) and in the Southeast (2.7 percent) re
gions. Both regions have large concentrations o f in d u s
tries th at led the decline in U.S. GDP— durable-goods
m anufacturing, construction, and professional and
business services.
Despite a widespread decline in m ost industries in
2009, som e m etropolitan areas fared well because of
grow th in n atural resources and m ining and in n o ndurable-goods m anufacturing.
In d u s trie s c o n trib u tin g to th e d e c lin e
Durable-goods manufacturing. In 2009, durablegoods m anufacturing subtracted from real GDP
grow th in 341 o f the 366 U.S. m etropolitan areas. The
decline in durable-goods m anufacturing im pacted
m etropolitan areas in the Southeast region b u t was
m ost pro n o u nced in the m etropolitan areas o f the
Great Lakes region. Kokomo, IN, Elkhart-G oshen, IN,
C olum bus, IN, and H olland-G rand Haven, M I, had
double-digit declines in real GDP grow th prim arily
due to declines in durable-goods m anufacturing. In
the three Indiana m etropolitan areas, durable-goods
m anufacturing subtracted m ore th an 10 percentage
points from real GDP growth. D etroit-W arren-Livonia, MI, the second largest m etropolitan area in the re
gion, contracted 9.0 percent because o f declines in
durable-goods m anufacturing.
The decline in durable-goods m anufacturing also
subtracted from grow th in 97 o f 108 m etropolitan ar
eas in the Southeast region. H ickory-Lenoir-M organton, NC, experienced the largest contraction am ong
m etropolitan areas in the Southeast region in real GDP
(10.5 percent) as a result of declines in durable-goods
m anufacturing.
Construction. The effects o f the continued decline
in construction were felt across the country; this in
d u stry subtracted from grow th in 352 o f the natio n ’s
366 U.S. m etropolitan areas in 2009. Effects from the
decline in the housing m arket in 2008 continued to be
felt across m ost m etropolitan areas in 2009, p articu
larly in the Southwest and Southeast regions where
places like Lake Havasu City-K ingm an, AZ, St. George,
UT, Prescott, AZ, and Naples-M arco Island, FL, faced
even sharper declines because o f dow nturns in con
3. U.S. GDP includes both nonmetropolitan and metropolitan portions
o f the United States.
31
S u r v e y o f C u r r e n t B u sin e s s
struction. The effects were m ost pronounced in the
Southeast, where nearly 25 percent o f total U.S. co n
struction activity recently occurred; declines in the
construction sector detracted from grow th in 103 o f
108 m etropolitan areas.
Professional and business services. The contrac
tion in professional and business services was w ide
spread am ong all regions, w ith subtractions from real
GDP o f 2 percentage points o r m ore in St. Louis, M O
IL, Detroit-W arren-Livonia, M I, and Boulder, CO.
Chicago-Joliet-Naperville, IL-IN-W I, the third largest
m etropolitan area in the nation, contracted 4.6 percent
because o f declines in professional and business ser
vices.
In d u s trie s o ffs e ttin g th e d e c lin e
Natural resources and mining. In contrast to m ost
other industries, natural resources and m ining m ade a
positive contribution to U.S. real GDP grow th, adding
0.58 percentage po in t in 2009. N atural resources and
m ining contributed to grow th in 222 o f the n atio n s
366 m etropolitan areas and added m ore than 2 p e r
centage points to real GDP grow th in 27 m etropolitan
areas. M etropolitan areas where natural resources and
m ining are concentrated fared well, as did the S outh
west region, the only region w ith positive grow th in
Advance Statistics on Gross Dom estic
Product (G DP) by Metropolitan Area for 2009
The advance statistics for 2009 are based on a more
limited set of source data and on an abbreviated esti
mation methodology compared with the data and
estimation methodology used to prepare the revised
statistics for 2001-2008. Subsector industry detail for
GDP by state and county earnings are not yet available
for 2009. The advance statistics on GDP by metropol
itan area for 2009 use sector-level industry detail for
unpublished county earnings from the metropolitan
area earnings released on August 9, 2010, and the
advance current-dollar GDP by state statistics released
on February 23, 2011.
The annual percent change in county earnings by
sector from 2008 to 2009 was calculated and then
applied to the county GDP statistics underlying the
statistics on GDP by metropolitan area for 2008.
These extrapolated statistics for all sectors were scaled
to the advance statistics on GDP by state for 2009 by
allocating the difference between the two measures
among the counties. The resulting county statistics
were then summed to their related metropolitan areas
to yield GDP by metropolitan area.
Sharon D. Panek
Chart 2. Percent Change in Real Gross Domestic Product (GDP) by Metropolitan Area, 2008
Gross Domestic Product by Metropolitan Area
March 2011
March 2011
33
S u r v e y o f C u r r e n t B u s in e s s
2009 (0.2 percent). H ouston-Sugar Land-Baytown,
TX, the largest m etropolitan area in the Southwest re
gion and the fifth largest m etropolitan area in the n a
tion, grew 2.4 percent. Smaller m etropolitan areas that
also benefitted from strong grow th in this industry in
cluded Casper, WY, O klahom a City, OK, and Shreve
port-B ossier City, LA, three o f the fastest growing
m etropolitan areas in 2009.
Nondurable-goods manufacturing. W hile m ost
m etropolitan areas experienced declines in n o n d u ra
ble-goods m anufacturing, several areas did n o t follow
the national trend. This industry grew in 56 m etropol
itan areas and fueled strong grow th in Pascagoula, MS
(15.0 percent), Vallejo-Fairfield, CA (11.1 percent),
and Lake Charles, LA (7.5 percent).
tan areas in 2009. A decline in real GDP alone caused
per capita real GDP to decline in 43 m etropolitan ar
eas, and population grow th contributed to the decline
in an additional 248 m etropolitan areas.
In 2009, the m etropolitan areas in the highest q u in
tile o f per capita real GDP did n o t change significantly
from 2008. Casper, WY, had the highest per capita real
GDP in the nation ($91,497), up from th ird in 2008, as
a result o f strong real GDP grow th in the m ining sector
in 2009. It also had the largest percent change in per
capita real GDP (20.0 percent).
Palm Coast, FL, continued to have the lowest per
capita real GDP in the nation ($12,868). Kokomo, IN,
had the largest decline in per capita GDP in 2009 (19.4
percent), dropping it from the second to third quintile.
Per C ap ita Real G D P by M etro politan A rea
R evisions
N ationw ide, per capita real GDP decreased 2.9 percent
in 2009, reflecting a decline in real GDP coupled w ith a
p opulation increase o f 0.9 percent. M etropolitan area
p er capita real GDP fell 3.4 percent to $44,703 from
$46,268 in 2008 (table 3).4 Real GDP declined 2.4 p er
cent, while p o pulation increased 1.0 percent.
Per capita real GDP fell in 318 o f the 366 m etropoli
The revisions to GDP by m etropolitan area for
2001-2008 reflect benchm ark revisions to the underly
ing source data. The revised statistics incorporate revi
sions to BEA’s local area personal incom e statistics
released on April 22, 2010, and to the GDP by state sta
tistics released on N ovem ber 18, 2010, and on Febru
ary 23, 2011.
Current-dollar statistics. The revisions to the cu r
rent-dollar statistics, m easured as a percentage o f the
previously published statistics, were m oderate for m ost
4. Per capita real GDP by metropolitan area was computed using Census
Bureau midyear population estimates.
Gross Dom estic Product (GDP) by Metropolitan Area Statistics
Metropolitan (statistical) areas, defined by the U.S. Office
of Management and Budget, are standardized countybased areas that have at least one urbanized area with a
population of 50,000 or more plus adjacent territory that
has a high degree of social and economic integration with
the core, as measured by commuting ties.
GDP by metropolitan area is the most comprehensive
measure of overall economic activity in a metropolitan
area—it is the metropolitan area counterpart to the
nation’s GDP. The methodology developed for these sta
tistics is relatively simple and allows for the production of
timely statistics.
GDP by metropolitan area is derived as the sum of the
value added originating in all of the industries in the
metropolitan area. Real GDP by metropolitan area is an
inflation-adjusted measure based on national prices for
the goods and services produced within that area. The
statistics on real GDP by metropolitan area and on quan
tity indexes with a base year of 2005 were derived by
applying national chain-type price indexes to the statis
tics on current-dollar GDP by metropolitan area for the
61 detailed NAICS-based industries. Then, the chaintype index formula that is used in the national accounts
is used to calculate the statistics on total real GDP by
metropolitan area and on real GDP by metropolitan area
at more aggregated industry levels.
U.S. metropolitan area growth rates of real GDP may
differ from national real GDP growth rates released in
July 2010 and the U.S. growth rates of real GDP by state
released in February 2011.1Real GDP growth for the U.S.
metropolitan portion may differ from the growth of U.S.
GDP by state because of the exclusion of nonmetropoli
tan areas. Differences with the national growth in real
GDP are primarily due to the direct linkage and consis
tency of the statistics on GDP by metropolitan area with
GDP by state statistics released in February 2011 and
GDP by industry released in December 2010. The statis
tics on GDP by state and by industry are based upon
national real GDP statistics released in July 2010.
1. The GDP by state statistics for 2007-2009 were updated on Febru
ary 23, 2011, to incorporate revised national GDP by industry statistics
released on December 14, 2010.
Sharon D. Panek
34
Gross Domestic Product by Metropolitan Area
m etropolitan areas (table 4). The m ean absolute revi
sion for all m etropolitan areas for 2001-2008 was 2.7
percent. For individual m etropolitan areas, the m ean
absolute revision was less th an 10 percent for all areas
Data Availability
Summary statistics on gross domestic product (GDP)
by metropolitan area are presented in tables 1-6 in
this article. GDP by metropolitan area in current dol
lars, real GDP by metropolitan area in chained (2005)
dollars, and quantity indexes can be accessed interac
tively on BEA’s Web site.
The following annual statistics are available at
www.bea.gov/regional/gdpmetro:
• Advance statistics of current-dollar GDP by metro
politan area, real GDP by metropolitan area, and
quantity indexes for 2009 for 24 NAICS-based sec
tors.
• GDP by metropolitan area in current dollars, real
GDP by metropolitan area, and quantity indexes for
2001-2008 for 61 NAICS-based subsectors and 24
NAICS-based sectors.
• Per capita real GDP by metropolitan area for 20012009.
For further information about GDP by
metropolitan area, e-mail gdpbymetro@bea.gov or
call 202-606-5341.
March 2011
except Lake Charles, LA (17.5 percent), Pascagoula,
MS (14.5 percent), B eaum ont-P ort A rthur, TX (12.1
percent), Farm ington, N M (12.1 percent), M o u n t Vernon-A nacortes, WA (11.5 percent), Corvallis, OR (11.3
percent), and Bellingham, WA (10.1 percent). Revi
sions in nondurable-goods m anufacturing led to siz
able revisions for Lake Charles, LA, Pascagoula, MS,
B eaum ont-P ort A rthur, TX, M ount Vernon-Anacortes, WA, and Bellingham , WA, while revisions in
m ining led to sizable revisions for Farm ington, NM .
Revisions in durable-goods m anufacturing led to revi
sions for Corvallis, OR, and revisions in agriculture,
forestry, and fishing led to revisions in H anford-C orcoran, CA.
Real growth rates. The revisions to the real grow th
rates are m easured as a percentage po in t difference
from the previously published grow th rate. The m ean
absolute revision o f grow th rates for all m etropolitan
areas for 2002-2008 was 1.1 percentage points. For in
dividual m etropolitan areas, the m ean absolute revi
sion o f grow th rates was less than 5 percentage points
for all areas except Lake Charles, LA (8.1 percentage
points), Pascagoula, MS (6.7 percentage points), D al
ton, GA (5.2 percentage points), and Corvallis, OR
(5.1 percentage points). N ondurable-goods m anufac
turing statistics led to sizable revisions in grow th rates
for each o f these m etropolitan areas except Corvallis,
OR, where revisions in durable-goods m anufacturing
led to the revision in the grow th rate.
Tables 1-6 follow.
March 2011
35
S u r v e y o f C u r r e n t B u sin e s s
Table 1. Percent Change in Real Gross Domestic Product by Metropolitan Area, 2006-2009— Continues
2007
2006
2008
2009*
U.S. m etropolitan p o rtio n ..................................................................................
2.9
2.0
-0.4
-2.4
Abilene, T X ............................................................................................................
Akron, O H ...............................................................................................................
Albany, G A .............................................................................................................
Albany-Schenectady-Troy, NY..............................................................................
Albuquerque, N M ...................................................................................................
Alexandria, L A .......................................................................................................
Allentown-Bethlehem-Easton, PA-NJ..................................................................
Altoona, PA............................................................................................................
Amarillo, T X ...........................................................................................................
Ames, IA .................................................................................................................
Anchorage, AK.......................................................................................................
Anderson, IN..........................................................................................................
Anderson, S C ........................................................................................................
Ann Arbor, M l.........................................................................................................
Anniston-Oxford, AL..............................................................................................
Appleton, W l..........................................................................................................
Asheville, N C .........................................................................................................
Athens-Clarke County, G A ...................................................................................
Atlanta-Sandy Spri ngs- Marietta, G A ..................................................................
Atlantic City-Hammonton, NJ...............................................................................
Auburn-Opelika, AL...............................................................................................
Augusta-Richmond County, GA-SC....................................................................
Austin-Round Rock-San Marcos, T X ..................................................................
2.5
-0.4
-3.1
1.9
1.8
5.0
1.4
-0.3
3.6
5.7
4.6
1.9
1.0
-1.2
1.9
0.5
3.3
0.5
2.7
0.7
4.4
-2.2
8.3
5.3
1.0
-0.1
-0.6
-1.6
1.6
2.0
3.1
5.2
0.7
1.7
-4.3
-0.1
2.1
4.6
2.2
1.2
2.4
2.9
-1.9
2.4
0.8
3.1
0.2
-0.6
-1.5
1.1
1.2
0.0
-1.2
-1.2
2.9
2.8
0.3
-4.0
-1.5
-5.2
1.7
-2.4
-1.3
1.3
-1.7
-2.4
0.7
0.2
2.7
-1.6
-4.6
-2.1
-0.1
-1.3
-2.3
-2.8
0.9
0.8
-0.6
8.7
-2.9
-7.9
-3.0
-4.4
-3.5
-6.0
-4.6
-4.6
-6.9
-2.6
-2.3
-1.1
Bakersfield-Delano, CA.........................................................................................
Baltimore-Towson, MD..........................................................................................
Bangor, M E ............................................................................................................
Barnstable Town, M A............................................................................................
Baton Rouge, L A ..................................................................................................
Battle Creek, M l.....................................................................................................
Bay City, Ml
....................................................................................................
Beaumont-Port Arthur, TX
Bellingham, W A .
Bend, O R ...........
Billings, MT
Binghamton, NY.
Birmingham-Hoover, AL
Bismarck, N D ....
Blacksburg-Christiansburg-Radford, V A ............................................................
Bloomington, IN .....................................................................................................
Bloomington-Normal, IL
Boise City-Nampa, ID ...
Boston-Cambridge-Quincy, MA-NH
Boulder, C O ...................
Bowling Green, KY
Bremerton-Silverdale, W A ...................................................................................
Bridgeport-Stamford-Norwalk, C T ......................................................................
Brownsville-Harlingen, TX
Brunswick, G A ..............
Buffalo-Niagara Falls, NY
Burlington, N C ..............
Burlington-South Burlington, V T .........................................................................
6.6
2.0
1.3
-3.5
-3.4
-2.1
-0.7
1.9
-9.2
8.9
2.0
2.9
0.1
1.0
3.2
3.3
7.4
0.3
1.9
2.5
4.6
4.2
3.1
3.3
3.9
2.7
2.7
2.6
4.3
1.3
0.6
-2.7
-4.6
0.2
-0.2
7.9
3.6
0.3
8.1
5.6
1.7
0.6
4.3
0.8
-1.6
4.3
2.4
6.6
2.1
-0.7
1.4
4.6
-1.2
-0.1
-1.1
-1.1
0.1
0.3
-0.1
-1.8
-1.6
0.0
-0.6
-7.0
-1.9
-2.9
-6.1
3.4
0.7
2.0
-2.8
2.2
-2.1
-0.2
0.7
1.5
2.2
0.4
-3.5
2.3
-1.6
-0.4
-1.8
3.4
4.0
-1.2
-1.1
-2.2
3.4
-5.6
-3.1
2.5
3.1
-7.1
5.8
-2.1
-2.7
3.3
-6.2
0.5
4.2
-4.6
-1.8
-4.4
-6.0
-1.2
-4.5
-0.8
-6.2
-1.7
-10.3
-0.3
Canton-Massillon, OH...........................................................................................
Cape Coral-Fort Myers, F L ..................................................................................
Cape Girardeau-Jackson, MO-IL........................................................................
Carson City, NV
Casper, W Y.......
Cedar Rapids, IA
Champaign-Urbana, IL
Charleston, WV.
Charleston-North Charleston-Summerville, SC................................................
Charlotte-Gastonia-Rock Hill, NC-SC.................................................................
Charlottesville, VA.................................................................................................
Chattanooga, TN-GA............................................................................................
Cheyenne, WY..
Chicago-Joliet-Naperville, IL-IN-W I....................................................................
Chico, C A..........
Cincin nati-M iddletown, 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, GA-AL
Columbus, IN....
Columbus, O H ..
Corpus Christi, TX
Corvallis, OR..........................................................................................................
Crestview-Fort Walton Beach-Destin, FL...........................................................
Cumberland, MD-WV............................................................................................
-3.9
3.2
2.2
2.7
11.4
-1.5
3.2
2.2
1.8
3.7
3.3
4.3
6.8
2.2
1.4
-1.0
4.0
0.9
-1.4
5.8
3.6
0.9
2.7
3.2
2.3
6.8
0.1
1.6
19.8
1.5
0.7
-0.3
-2.8
3.2
2.9
-3.3
10.5
1.9
1.0
4.3
0.6
0.7
1.6
4.9
1.8
0.9
1.5
0.0
-0.5
0.7
4.8
2.9
1.9
0.4
2.0
2.6
4.6
1.8
6.0
4.3
-2.6
-1.2
-0.3
-7.3
-2.6
-3.0
6.8
-2.4
4.5
1.9
0.4
0.1
0.3
-1.5
2.4
-1.8
0.4
-0.5
3.5
-1.1
-1.0
-0.4
2.8
1.1
0.7
-0.2
0.9
3.2
-1.4
-2.7
-0.3
-3.1
1.7
-5.4
-6.5
-0.2
-5.6
22.4
-0.1
1.6
0.7
-2.5
-4.4
-0.6
-5.5
6.4
-4.6
-0.3
-2.8
0.9
-5.4
-4.0
-5.8
0.8
1.1
0.2
-1.9
0.7
-12.2
-1.2
-0.7
-4.8
-0.4
1.6
Dallas-Fort Worth-Arlington, T X .........................................................................
Dalton, G A ..............................................................................................................
Danville, IL
Danville, VA
Davenport-Moline-Rock Island, IA-IL..................................................................
Dayton, OH
Decatur, AL
Decatur, IL
Deltona-Daytona Beach-Ormond Beach, F L .....................................................
Denver-Aurora-Broomfield, CO ............................................................................
Des Moines-West Des Moines, IA ......................................................................
Detroit-Warren-Livonia, M l...................................................................................
4.7
-4.9
2.2
-4.8
0.5
-0.2
1.5
0.1
3.7
3.0
-0.8
-3.2
4.1
3.9
-1.4
-1.3
1.7
-1.0
3.0
3.1
1.4
2.0
10.1
0.4
-0.2
-9.5
0.4
-3.7
0.9
-2.1
-1.1
1.9
-4.5
1.8
-6.2
-4.4
-0.9
-8.8
-1.5
-5.5
-3.1
-4.8
-4.0
-8.6
-6.5
0.4
1.1
-9.0
36
Gross Domestic Product by Metropolitan Area
March 2011
Table 1. Percent Change in Real Gross Domestic Product by Metropolitan Area, 2006-2009— Continues
2007
2006
2009*
2008
Dothan, A L............................................................................
Dover, DE..............................................................................
Dubuque, IA ..........................................................................
Duluth, M N-W I.....................................................................
Durham-Chapel Hill, N C .....................................................
0.8
1.4
1.0
-2.8
17.6
1.0
1.9
2.1
1.1
7.4
-3.4
-3.2
-0.9
-0.6
-0.4
-3.6
-2.8
-5.0
-2.6
-1.5
Eau Claire, W l......................................................................
El Centro, CA.
Elizabethtown, KY
Elkhart-Goshen, IN
Elmira, NY......
El Paso, T X ...........................................................................
Erie, PA.......................
Eugene-Springfield, OR......................................................
Evansville, IN-KY.......
2.5
4.7
4.0
3.3
-0.5
5.0
0.2
5.1
-0.1
0.9
0.0
-2.1
4.0
1.2
2.6
2.2
3.3
-0.4
-0.1
1.0
0.7
-10.2
3.3
-0.9
0.8
-0.5
-0.8
-2.6
-1.8
1.9
-18.3
-4.8
1.1
-5.0
-7.4
-3.3
2.9
2.8
3.9
1.9
3.4
8.0
-1.8
0.7
2.2
1.5
2.1
3.3
2.9
4.6
-1.6
3.3
2.1
3.8
-0.1
8.0
-1.7
2.8
0.7
1.9
3.6
-2.7
2.3
-0.2
5.2
5.4
-4.8
4.8
1.3
-2.2
-7.6
-3.2
0.6
-0.9
0.8
0.2
-3.0
-0.1
5.7
1.8
-2.0
3.4
-1.2
^1.0
-7.8
-4.5
0.6
-8.6
-2.4
-2.0
-4.6
^ (.0
Gadsden, A L........................................................................
Gainesville, F L.....................................................................
Gainesville, G A ....................................................................
Glens Falls, N Y ....................................................................
Goldsboro, N C .....................................................................
Grand Forks, ND-MN..........................................................
Grand Junction, C O ............................................................
Grand Rapids-Wyoming, M l...............................................
Great Falls, M T ....................................................................
Greeley, C O ..........................................................................
Green Bay, W l......................................................................
Greensboro-High Point, N C ..............................................
Greenville, NC..................................................................... ................................
Greenville-Mauldin-Easley, S C .........................................
Gulfport-Biloxi, MS...............................................................
0.4
3.3
-0.2
0.9
5.1
4.5
4.5
1.2
4.6
2.3
0.2
2.8
4.5
0.0
-3.3
1.4
5.1
2.3
-0.5
-0.4
0.9
9.2
-0.8
0.7
3.5
1.2
1.3
6.3
4.7
6.6
-0.3
-1.2
-0.8
0.4
-3.5
4.6
9.4
-4 A
0.4
2.0
-1.0
-0.6
-0.3
-0.1
1.0
-4.8
-1.4
-7.2
-1.4
-3.2
-2.9
-7.0
-5.1
-0.3
-4.7
-3.1
-6.1
-2.3
-5.3
-2.0
Hagerstown-Martinsburg, MD-WV....................................
Hanford-Corcoran, C A ........................................................
Harrisburg-Carlisle, PA........................................................ ................ ...............
...
Harrisonburg, VA.................................
Hartford-West Hartford-East Hartford, C T ......................
...
Hattiesburg, M S..................................
...
Hickory-Lenoir-Morganton, N C .........
Hinesville-Fort Stewart, G A ..............
Holland-Grand Haven, M l..................
Honolulu, H I..........................................................................
Hot Springs, A R ...................................................................
Houma-Bayou Cane-Thibodaux, LA .................................
Houston-Sugar Land-Baytown, T X ...................................
Huntington-Ashland, WV-KY-OH......................................
Huntsville, A L...................................................................... ................................
2.7
0.4
1.6
4.1
4.8
6.6
2.7
0.8
-3.0
3.2
1.8
15.8
5.7
0.1
4.3
-0.7
6.9
2.2
3.8
5.9
2.2
-3.2
3.3
-1.7
1.4
-0.9
7.9
7.5
0.5
1.8
-0.6
-1.9
-0.8
-2.6
-2.0
-0.7
-5.0
9.6
-3.9
1.6
-1.4
5.2
-1.8
4.2
4.0
-3.0
-4.2
0.3
-1.2
-2.2
-1.0
-10.5
1.1
-10.1
-1.3
-2.0
1.3
2.4
6.1
1.2
Idaho Falls, ID .....................................................................
Indianapolis-Carmel, IN .....................................................
Iowa City, IA ...............
Ithaca, NY...................
6.5
1.8
4.9
0.1
7.2
2.1
3.7
-0.1
2.2
-1.0
1.9
2.9
-3.5
-3.5
0.6
-2.7
Jackson, Ml............................................................................
Jackson, M S.........................................................................
Jackson, TN...........................................................................
Jacksonville, FL......................................................................
Jacksonville, NC.....................................................................
Janesville, W l.........................................................................
Jefferson City, MO..................................................................
Johnson City, TN....................................................................
Johnstown, PA.......................................................................
Jonesboro, AR .......................................................................
Joplin, MO.............................................................................
-2.7
3.2
-0.2
6.0
1.4
6.6
-1.0
2.7
-0.2
1.3
2.2
2.2
2.1
^ .0
0.1
7.4
-1.5
0.1
0.0
2.2
-1.6
-0.3
-2.9
1.3
0.5
-3.3
10.2
-4.3
1.5
1.8
1.6
4.2
-0.9
-8.0
-0.3
-5.4
-3.6
12.7
-7.8
-1.4
-2.8
-1.0
-2.7
-2.6
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 ...........................................................................
0.6
1.8
1.2
-0.8
6.2
4.4
5.4
1.5
5.1
2.7
0.2
3.0
6.6
6.0
0.6
0.2
-0.4
6.4
-1.9
-0.5
0.5
2.8
4.9
-2.3
-1.1
1.9
-10.3
-4.2
-2.2
-2.3
6.7
3.3
-5.5
-2.7
-4.0
-20.0
La Crosse, WI-MN................................................................
Lafayette, IN....
Lafayette, LA....
Lake Charles, L A ................................................................
Lake Havasu City-Kingman, A Z........................................
Lakeland-Winter Haven, F L ..............................................
Lancaster, PA.
Lansing-East Lansing, M l.................................................
1.0
1.4
10.5
-14.5
10.1
4.3
-0.1
1.4
1.1
2.3
5.5
-19.6
0.6
-0.1
0.2
0.5
1.2
1.0
-0.1
-6.6
-5.8
-1.4
-1.1
-2.6
-0.2
-5.5
4.6
7.5
-8.2
-4.8
-3.1
-4.9
Fairbanks, A K ......................................................................
Fargo, ND-MN......................................................................
Farmington, N M ...................................................................
Fayetteville, N C ....................................................................
Fayetteville-Springdale-Rogers, AR-MO..........................
Flagstaff, AZ..........................................................................
Flint, M l.................................................................................
Florence, S C ........................................................................
Florence-Muscle Shoals, A L..............................................
Fond du Lac, W l...................................................................
Fort Collins-Loveland, CO..................................................
Fort Smith, AR-OK...............................................................
Fort Wayne, IN.....................................................................
Fresno, C A ............................................................................
...
...
..........
March 2011
S urvey
of
37
C u r r e n t B u s in e s s
Table 1. Percent Change in Real Gross Domestic Product by Metropolitan Area, 2006-2009—Continues
2006
2007
2008
2009*
Laredo, TX ...............................................................................................................
Las Cruces, NM.......................................................................................................
Las Vegas-Paradise, NV..........................................................................................
Lawrence, KS
Lawton, OK
Lebanon, PA
Lewiston, ID-WA
Lewiston-Auburn, ME
Lexington-Fayette, KY
Lima, OH...................................................................................................................
Lincoln, NE
Little Rock-North Little Rock-Conway, AR................................................................
Logan, UT-ID
Longview, TX
Longview, WA
Los Angeles-Long Beach-Santa Ana, CA................................................................
Louisville-Jefferson County, KY-IN...........................................................................
Lubbock, TX
Lynchburg, VA..........................................................................................................
0.8
3.6
4.1
0.5
6.1
1.3
1.9
2.4
4.4
-1.3
3.7
3.8
2.0
5.3
2.1
3.8
3.0
3.9
3.2
2.9
3.2
2.8
3.1
2.7
3.2
1.1
2.4
1.4
-2.1
1.0
5.1
7.4
5.3
1.5
1.0
1.9
0.7
0.5
0.4
3.5
-2.7
0.6
1.7
-0.3
0.5
0.2
0.4
-7.8
-2.3
-0.9
4.2
2.3
-4.8
0.2
-1.1
2.5
0.1
-1.8
1.0
-7.6
1.3
4.8
-1.6
-3.6
-2.4
-4.8
-3.0
-0.8
2.4
-1.5
-5.2
-4.9
-3.4
-3.3
2.2
-4.2
Macon, GA...............................................................................................................
Madera-Chowchilla, CA...........................................................................................
Madison, Wl
Manchester-Nashua, NH
Manhattan, KS
Mankato-North Mankato, MN...................................................................................
Mansfield, OH
McAllen-Edinburg-Mission, TX.................................................................................
Medford, OR
Memphis, TN-MS-AR...............................................................................................
Merced, CA
Miami-Fort Lauderdale-Pompano Beach, FL...........................................................
Michigan City-La Porte, IN.......................................................................................
Midland, TX
Milwaukee-Waukesha-West Allis, W l.......................................................................
Minneapolis-St. Paul-Bloomington, MN-WI..............................................................
Missoula, M T...........................................................................................................
Mobile, AL..
Modesto, CA
Monroe, LA
Monroe, Ml
Montgomery, AL
Morgantown, W V.....................................................................................................
Morristown, TN
Mount Vernon-Anacortes, W A.................................................................................
Muncie, IN.
Muskegon-Norton Shores, Ml..................................................................................
Myrtle Beach-North Myrtle Beach-Conway, SC.......................................................
-2.7
3.7
2.6
-0.1
9.2
6.2
-1.0
3.2
2.6
1.9
2.0
3.7
-1.2
9.7
3.3
0.1
2.7
6.3
1.4
2.7
-2.3
2.7
4.5
1.8
-17.2
0.5
-2.4
4.6
-3.4
0.7
3.3
1.5
11.1
-4.7
-3.9
3.9
0.0
0.8
9.4
1.1
2.2
7.0
0.7
1.0
3.7
1.8
-0.9
-0.8
-1.5
0.0
1.9
-2.2
-1.1
-3.7
-2.1
3.6
0.7
-1.6
0.6
3.3
7.8
2.4
-0.8
1.1
-4.7
-1.9
-6.6
-3.0
-1.5
4.7
0.8
0.1
0.1
1.1
-2.8
-1.6
-6.4
0.6
4.2
-2.5
-0.8
-0.1
-3.3
-1.7
-4.5
-5.1
0.5
-2.6
3.4
-3.7
-8.7
-2.2
-5.2
-3.8
-6.0
-4.5
-5.8
5.5
-3.5
-3.1
-2.1
-0.1
-5.3
0.0
-10.3
-2.3
1.8
-9.1
4.5
-4.0
-6.0
-7.7
Napa, CA.................................................................................................................
Naples-Marco Island, FL.............................
Nashville-Davidson-Murfreesboro-Franklin, TN.......................................................
New Haven-Milford, CT...............................
New Orleans-Metairie-Kenner, LA..............
New York-Northern New Jersey-Long Island, NY-NJ-PA.........................................
Niles-Benton Harbor, M l.............................
North Port-Bradenton-Sarasota, FL............
Norwich-New London, CT........................................................................................
2.9
0.8
4.7
2.2
-7.9
4.2
2.0
3.2
5.6
1.8
-2.4
0.9
1.3
-3.8
2.1
4.0
-2.3
0.6
-1.6
-9.2
1.5
-0.9
-2.6
-0.4
-2.5
-6.7
-0.2
-5.5
-8.0
-4.7
-3.1
8.6
-4.0
-6.0
-5.6
-2.6
Ocala, FL.................................................................................................................
Ocean City, NJ
Odessa, TX
Ogden-Clearfield, UT...............................................................................................
Oklahoma City, O K ..................................................................................................
Olympia, WA
Omaha-Council Bluffs, NE-IA..................................................................................
Orlando-Kissimmee-Sanford, FL.............................................................................
Oshkosh-Neenah, W l..............................................................................................
Owensboro, KY
Oxnard-Thousand Oaks-Ventura, CA......................................................................
8.6
-4.7
9.1
5.3
6.0
4.9
3.5
4.8
0.7
5.1
2.6
0.1
-1.7
15.7
2.6
1.5
4.0
3.1
2.3
1.2
-4.5
1.6
-2.6
-1.3
5.0
-0.8
3.2
-0.1
-0.7
-2.1
-0.7
2.8
-6.4
-8.3
-3.7
-9.8
-1.0
14.5
-1.3
-1.4
-4.5
-5.0
-0.3
0.1
Palm Bay-Melbourne-Titusville, FL..........................................................................
Palm Coast, FL........................................................................................................
Panama City-Lynn Haven-Panama City Beach, FL.................................................
Parkersburg-Marietta-Vienna, WV-OH.....................................................................
Pascagoula, MS.................
Pensacola-Ferry Pass-Brent, FL
Peoria, IL............................
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD...................................................
Phoenix-Mesa-Glendale, AZ
Pine Bluff, AR.....................
Pittsburgh, PA....................
Pittsfield, MA......................
Pocatello, ID......................
Portland-South Portland-Biddeford, ME...................................................................
Portland-Vancouver-Hillsboro, OR-WA....................................................................
Port St. Lucie, F L ............
Poughkeepsie-Newburgh-Middletown, NY.........................................................
Prescott, A Z ...........................................................................................................
Providence-New Bedford-Fall River, RI-M A.......................................................
Provo-Orem, UT.....................................................................................................
Pueblo, C O ............................................................................................................
Punta Gorda, F L ....................................................................................................
2.6
0.0
2.8
3.4
6.4
3.6
5.8
1.8
7.6
1.0
0.7
-3.4
-5.1
1.7
12.2
3.3
0.6
10.5
2.1
8.1
-0.7
4.8
3.0
-6.9
0.3
0.6
5.6
-0.4
3.1
2.0
2.4
-2.0
1.5
-3.3
4.7
0.8
4.8
2.1
0.5
1.1
-1.2
7.9
3.2
-6.0
0.7
-6.3
0.5
0.2
22.4
-2.3
2.6
0.1
-1.6
0.4
0.8
-3.1
2.0
0.5
2.2
-7.6
1.0
-5.3
-0.7
0.2
3.6
-5.5
-2.4
-1.4
-2.5
-1.5
15.0
-1.1
-7.1
-0.9
-4.7
-2.0
-1.0
-3.3
-4.9
-1.3
-2.9
-5.9
0.0
-6.5
-2.7
-3.0
-0.1
-6.9
Racine, W l..............................................................................................................
Raleigh-Cary, NC...................................................................................................
Rapid City, SD........................................................................................................
Reading, PA............................................................................................................
Redding, C A ..........................................................................................................
Reno-Sparks, NV...................................................................................................
2.5
5.7
1.7
4.5
-0.2
3.9
0.4
6.0
1.8
0.1
-1.4
4.4
-6.3
1.9
3.9
-0.7
-5.4
-3.3
-7.0
-3.2
2.0
-2.1
-5.1
-6.9
Gross Domestic Product by Metropolitan Area
March 2011
Table 1. Percent Change in Real Gross Domestic Product by Metropolitan Area, 2006-2009—Table Ends
2006
2007
2008
2009*
Richmond, V A ........................................................................................................
Riverside-San Bernardino-Ontario, CA...............................................................
Roanoke, VA..........................................................................................................
Rochester, M N .......................................................................................................
Rochester, NY........................................................................................................
Rockford, IL............................................................................................................
Rocky Mount, NC...................................................................................................
Rome, G A ...............................................................................................................
-0.2
3.0
2.6
1.6
1.1
3.4
0.8
-0.3
0.7
-0.7
2.0
0.1
-1.6
1.3
-1.1
0.0
-0.4
-3.4
0.3
0.9
-2.4
-2.2
-2.2
0.0
-2.3
-4.9
-3.9
-0.1
-2.9
-9.8
-5.7
-6.0
Sacramento-Arden-Arcade-Roseville, C A .........................................................
Saginaw-Saginaw Township North, M l...............................................................
St. Cloud, M N ........................................................................................................
St. George, UT.......................................................................................................
St. Joseph, MO-KS................................................................................................
St. Louis, MO-IL.....................................................................................................
Salem, O R ..............................................................................................................
Salinas, C A .............................................................................................................
Salisbury, MD.........................................................................................................
Salt Lake City, U T ..................................................................................................
San Angelo, TX......................................................................................................
San Antonio-New Braunfels, T X ..........................................................................
San Diego-Carlsbad-San Marcos, C A ................................................................
Sandusky, O H ........................................................................................................
San Francisco-Oakland-Fremont, C A .................................................................
San Jose-Sunnyvale-Santa Clara, 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, GA........................................................................................................
Scranton-Wilkes-Barre, PA...................................................................................
Seattle-Tacoma-Bellevue, WA..............................................................................
Sebastian-Vero Beach, FL....................................................................................
Sheboygan, W l......................................................................................................
Sherman-Denison, T X ..........................................................................................
Shreveport-Bossier City, LA .................................................................................
Sioux City, IA-NE-SD............................................................................................
Sioux Falls, S D ......................................................................................................
South Bend-Mishawaka, IN-M I............................................................................
Spartanburg, SC ....................................................................................................
Spokane, W A.........................................................................................................
Springfield, IL.........................................................................................................
Springfield, M A ......................................................................................................
Springfield, M O ......................................................................................................
Springfield, O H ......................................................................................................
State College, PA...................................................................................................
Steubenville-Weirton, OH-W V.............................................................................
Stockton, C A..........................................................................................................
Sumter, S C .............................................................................................................
Syracuse, NY.........................................................................................................
2.2
-1.2
-0.8
11.1
5.4
-1.2
6.3
3.4
4.0
6.6
-2.1
4.0
2.2
-1.6
2.6
6.8
-0.7
0.4
1.8
4.7
0.8
5.5
0.0
5.3
2.4
0.6
5.8
8.0
2.0
2.3
1.6
2.8
4.3
0.7
-0.3
0.8
1.8
1.0
-9.2
1.8
1.3
1.0
-0.4
-2.6
-2.3
3.0
5.7
0.8
-0.1
-4.2
1.1
6.1
0.5
4.1
1.7
-6.2
2.2
7.5
-0.6
0.0
-1.3
1.5
-0.4
1.5
2.2
6.7
2.5
1.0
0.2
-4.4
5.3
2.6
1.1
2.5
3.0
0.9
0.4
1.1
-1.9
2.1
1.9
1.5
-0.2
1.8
-2.4
-6.0
1.3
-4.4
-2.0
1.7
0.2
-0.6
-0.1
1.1
2.7
0.2
1.4
■^.0
2.8
2.3
-2.4
-0.9
-3.7
0.3
-2.0
-2.4
-0.8
2.0
-3.4
-5.5
0.4
-3.8
4.7
4.0
-0.7
-0.7
-0.5
1.4
1.2
-1.2
-0.8
2.5
6.3
-2.9
-2.6
-0.3
-2.8
-4.8
0.3
-5.8
-1.5
-5.1
-1.7
-1.8
-2.8
0.3
-1.0
-0.9
-2.4
-5.7
1.0
-3.8
-1.6
-0.4
0.5
-4.8
-5.9
-3.4
-1.8
-2.4
-7.4
-7.5
-1.0
13.6
-3.4
4.2
-7.0
-8.0
-1.9
1.7
-2.2
-3.0
-3.3
-0.6
-4.3
-2.5
-5.1
-1.6
Tallahassee, FL......................................................................................................
Tampa-St. Petersburg-Clearwater, FL.................................................................
Terre Haute, IN.......................................................................................................
Texarkana, TX-Texarkana, A R .............................................................................
Toledo, OH...
Topeka, KS...
Trenton-Ewing, NJ
Tucson, AZ...
Tulsa, O K ....
Tuscaloosa, AL
Tyler, T X ..................................................................................................................
1.9
3.8
1.1
1.7
-1.1
-1.4
5.4
4.8
5.9
1.3
1.6
4.0
0.7
4.9
3.0
-0.8
4.3
-0.3
3.0
1.8
3.4
2.3
-1.6
-2.8
-2.1
-0.6
-2.8
0.6
3.7
-0.3
2.8
1.9
0.5
-2.6
-2.9
-4.7
-1.7
-5.8
-0.4
-3.6
-3.9
7.6
-3.0
-1.3
Utica-Rome, N Y .....................................................................................................
1.8
0.7
-1.2
-0.3
Valdosta, G A ..........................................................................................................
Vallejo-Fairfield, CA................................................................................................
Victoria, T X .............................................................................................................
Vineland-Millville-Bridgeton, N J...........................................................................
Virginia Beach-Norfolk-Newport News, VA-NC.................................................
Visalia-Porterville, C A ...........................................................................................
2.9
-0.3
4.0
0.9
3.0
-0.1
2.2
0.0
0.4
-0.6
1.8
6.9
2.9
2.4
-2.6
1.4
0.2
-2.5
-2.6
11.1
-7.6
-3.1
-0.8
-9.5
Waco, T X ................................................................................................................
Warner Robins, GA................................................................................................
Washington-Arlington-Alexandria, DC-VA-MD-WV...........................................
Waterloo-Cedar Falls, IA.......................................................................................
Wausau, W l............................................................................................................
Wenatchee-East Wenatchee, W A.......................................................................
Wheeling, WV-OH
Wichita, KS..
Wichita Falls, TX
Williamsport, PA
Wilmington, NC
Winchester, VA-WV................................................................................................
Winston-Salem, N C ..............................................................................................
Worcester, M A .......................................................................................................
2.3
2.1
1.7
-0.2
0.9
4.1
-0.5
10.5
3.5
-0.3
1.2
3.2
0.8
0.8
3.0
2.1
1.6
4.0
1.8
-0.8
-0.1
5.8
1.4
0.5
4.6
-1.5
-1.8
0.7
1.3
-1.3
1.9
0.2
-3.9
2.4
3.1
-2.8
0.3
-1.7
0.5
-3.9
-2.8
0.9
0.3
1.9
0.4
-1.6
-8.4
2.1
0.3
-3.8
1.3
-2.0
-3.9
-3.7
-5.7
-3.6
Yakima, W A.............................................................................................................
York-Hanover, PA...................................................................................................
Youngstown-Warren-Boardman, OH-PA............................................................
Yuba City, C A .........................................................................................................
Yuma, A Z ................................................................................................................
2.5
-0.3
-1.9
3.7
4.6
0.9
2.5
-2.1
-0.6
4.8
3.5
0.5
-4.3
2.2
-5.1
3.1
-4.2
-5.9
1.5
-6.4
* Advance statistics
March 2011
S urvey
of
C u r r e n t B u s in e s s
39
Table 2. Contributions to Percent Change in Real Gross Domestic Product by Metropolitan Area, 2009*—Continues
Percent
change in
real GDP by Natural
DurableNondurablemetropolitan resources Construction
goods
goods
area
manufacturing manufacturing
and mining
Percentage points
Trade
Transpor
tation and Information Financial
activities
utilities
Professional
Education
Leisure
Other
and
and health
and
services Government
business
services hospitality
services
U.S. m etropolitan p o rtio n .....................................
-2.4
0.54
-0.69
-0.77
-0.12
0.02
-0.52
-0.12
0.19
-0.67
0.09
-0.34
-0.16
0.14
Abilene, T X .................................................................
Akron, OH...................................................................
Albany, G A..................................................................
Albany-Schenectady-Troy, N Y .................................
Albuquerque, NM.......................................................
Alexandria, LA ...........................................................
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, AL
Appleton, Wl
Asheville, NC
Athens-Clarke County, GA........................................
Atlanta-Sandy Springs-Marietta, G A ......................
Atlantic City-Hammonton, N J ..................................
Auburn-Opelika, AL
Augusta-Richmond County, GA-SC........................
Austin-Round Rock-San Marcos, TX ......................
-1.6
-4.6
-2.1
-0.1
-1.3
-2.3
-2.8
0.9
0.8
-0.6
8.7
-2.9
-7.9
-3.0
-4.4
-3.5
-6.0
-4.6
-4.6
-6.9
-2.6
-2.3
-1.1
(D)
0.05
0.65
(D)
(D)
0.29
0.02
0.09
1.31
0.25
(D)
0.31
0.04
0.06
-0.03
-0.32
(D)
(D)
-0.01
(D)
0.12
(D)
(D)
-0.74
-0.35
(D)
-0.21
-0.82
-1.24
-0.73
0.01
(D)
-0.52
-0.17
-0.44
-0.88
-0.36
-0.41
-1.00
(D)
-0.67
(D)
-1.36
-0.45
-0.63
-1.00
(D)
(D)
(D)
(D)
(D)
(D)
(D)
-0.22
(D)
-1.83
-0.05
(D)
-3.19
-2.72
-1.27
(D)
(D)
-1.47
(D)
-0.23
-1.92
(D)
-1.69
(D)
(D)
(D)
(D)
(D)
(D)
(D)
-0.20
(D)
-0.99
0.10
(D)
-2.27
-0.36
-0.71
(D)
(D)
-0.85
(D)
-0.04
-0.01
(D)
-0.01
-0.18
-0.10
(D)
(D)
(D)
(D)
(D)
0.16
0.09
0.56
(D)
0.32
0.09
0.24
-1.11
0.30
-0.24
(D)
(D)
(D)
-0.15
(D)
0.37
(D)
-0.63
-0.67
(D)
(D)
(D)
(D)
-0.10
-0.14
0.11
(D)
-0.66
-0.39
-0.54
-0.91
-0.46
(D)
(D)
-0.72
-1.86
-0.39
(D)
-0.03
(D)
0.00
(D)
0.00
(D)
-0.10
-0.10
0.05
0.09
-0.07
-0.03
0.06
-0.01
-0.02
-0.09
0.03
0.03
(D)
(D)
-0.06
-0.07
-0.41
-0.25
0.86
0.90
0.20
(D)
0.31
0.31
1.00
0.68
(D)
1.69
0.75
0.89
0.37
1.81
0.23
1.62
0.02
-0.33
-0.34
0.01
0.97
0.66
0.66
(D)
-1.06
0.35
(D)
(D)
-0.24
-0.76
0.26
-0.34
-0.12
0.18
0.08
-0.40
-1.18
-0.31
-0.59
(D)
-0.09
-0.74
-0.58
-0.27
(D)
(D)
(D)
-0.13
0.05
0.27
(D)
0.07
-0.07
0.35
(D)
0.15
0.20
-0.18
-0.01
-0.15
0.18
0.02
(D)
(D)
0.19
-0.07
0.09
(D)
0.25
(D)
-0.29
-0.10
-0.24
(D)
(D)
-0.18
-0.40
-0.23
-0.17
-0.27
-0.16
-0.61
-0.20
-0.27
-0.20
-0.52
-0.52
-0.34
-2.72
-0.30
(D)
-0.24
-0.12
-0.14
(D)
-0.20
(D)
-0.10
-0.25
-0.08
(D)
-0.08
-0.07
-0.16
-0.22
-0.14
-0.24
-0.21
-0.17
-0.10
-0.14
-0.12
-0.17
-0.19
-0.08
0.71
0.07
0.96
0.03
0.49
0.01
0.23
0.33
0.37
0.40
0.65
-0.33
-0.45
0.53
0.52
0.04
-0.11
-0.05
-0.26
0.18
-0.02
0.93
0.55
Bakersfield-Delano, C A ............................................
Baltimore-Towson, M D .............................................
Bangor, M E.................................................................
Barnstable Town, MA................................................
Baton Rouge, L A .......................................................
Battle Creek, M l.........................................................
Bay City, Ml
........................................................
Beaumont-Port Arthur, T X ........................................
Bellingham, WA.
Bend, OR...........
Billings, MT
Binghamton, NY
Birmingham-Hoover, A L ...........................................
Bismarck, ND
Blacksburg-Christiansburg-Radford, V A ................
Bloomington, IN .........................................................
Bloomington-Normal, IL............................................
Boise City-Nampa, ID ...............................................
Boston-Cambridge-Quincy, MA-NH........................
Boulder, C O ................................................................
Bowling Green, K Y ....................................................
Bremerton-Silverdale, W A ........................................
Bridgeport-Stamford-Norwalk, C T ..........................
Brownsville-Harlingen, T X .......................................
Brunswick, G A ...........................................................
Buffalo-Niagara Falls, N Y .........................................
Burlington, N C ...........................................................
Burlington-South Burlington, VT..............................
4.0
-1.2
-1.1
-2.2
3.4
-5.6
-3.1
2.5
3.1
-7.1
5.8
-2.1
-2.7
3.3
-6.2
0.5
4.2
-4.6
-1.8
-4.4
-6.0
-1.2
-4.5
-0.8
-6.2
-1.7
-10.3
-0.3
2.90
(D)
-0.13
-0.01
0.35
-0.01
(D)
0.24
0.98
-0.03
1.84
-0.03
(D)
0.12
0.02
0.22
0.63
0.23
0.04
-0.23
(D)
-0.14
(D)
0.18
-0.26
0.03
-0.07
-0.01
-0.73
-0.46
-0.55
-1.10
0.24
-0.13
-0.45
-1.35
-1.13
-1.98
-0.68
0.11
-1.05
0.00
(D)
-0.38
-0.24
-1.40
-0.53
-0.57
-0.19
-0.95
(D)
-0.96
-1.04
-0.21
-1.10
(D)
-0.29
(D)
-0.10
(D)
(D)
-3.10
-2.69
-1.46
-0.54
-1.19
(D)
(D)
(D)
-1.25
(D)
(D)
-0.93
(D)
(D)
(D)
(D)
-0.04
-0.22
-1.06
(D)
-1.57
-1.83
(D)
3.38
(D)
-0.32
(D)
(D)
-1.83
-0.23
4.94
4.14
-0.11
(D)
(D)
(D)
0.67
(D)
(D)
-0.56
(D)
(D)
(D)
-0.37
-0.01
-1.05
-0.17
(D)
-1.09
-3.35
(D)
-0.25
(D)
0.22
-0.15
(D)
(D)
0.11
0.63
-0.45
-0.51
0.62
0.39
(D)
1.09
(D)
(D)
0.36
(D)
0.12
-0.82
(D)
-0.18
0.23
0.09
(D)
0.42
0.06
(D)
-0.84
(D)
-0.29
-0.23
-0.50
(D)
(D)
-0.09
0.03
-0.79
-0.12
-1.32
(D)
0.04
-0.89
(D)
-0.07
-0.20
-0.23
-0.13
-0.88
-0.43
(D)
-0.15
-0.87
-0.57
-0.62
-0.20
-0.12
(D)
-0.03
-0.10
(D)
-0.15
-0.21
-0.21
-0.06
-0.98
0.06
-0.10
(D)
-0.11
0.09
(D)
-0.11
(D)
-0.19
-0.15
(D)
-0.09
0.13
0.37
(D)
0.07
-0.18
(D)
0.20
0.48
0.65
0.81
0.13
0.55
0.74
0.81
0.39
0.04
(D)
0.25
0.19
1.75
0.71
1.30
4.25
-0.23
0.73
0.35
0.48
-0.10
-0.88
0.65
0.80
0.92
-0.44
(D)
0.01
-0.21
-0.11
-0.61
-0.30
-0.61
(D)
-1.10
-0.07
-0.63
(D)
-0.69
-0.41
-0.08
0.40
0.61
0.97
-0.74
-0.82
-2.06
-1.13
0.12
-1.14
-0.31
-0.68
0.38
-2.73
(D)
0.19
0.10
-0.24
0.03
0.17
-0.20
0.17
0.15
-0.05
0.00
0.37
0.18
(D)
0.46
-0.05
-0.06
0.14
0.14
0.07
0.11
0.08
0.21
0.01
0.05
-0.17
0.31
0.66
(D)
-0.23
-0.32
-0.18
-0.57
-0.17
-0.26
-0.09
-0.16
-0.40
-0.71
-0.24
-0.22
-0.26
-0.09
(D)
-0.24
-0.31
-0.36
-0.32
-0.34
-0.28
-0.30
-0.32
-0.25
-2.18
-0.24
-0.25
(D)
-0.21
(D)
-0.12
-0.20
(D)
-0.15
-0.70
-0.15
-0.14
-0.24
-0.13
-0.09
(D)
-0.11
-0.15
(D)
-0.06
-0.17
-0.12
-0.13
(D)
-0.21
-0.09
-0.16
-0.22
-0.11
-0.23
-0.19
0.00
0.38
0.14
0.06
0.16
0.44
0.19
0.26
0.35
0.05
0.22
-0.18
-0.06
0.80
-0.34
0.46
0.10
0.24
0.02
0.14
0.03
0.91
0.00
0.93
-0.18
0.00
-0.19
0.32
Canton-Massillon, O H ..............................................
Cape Coral-Fort Myers, FL......................................
Cape Girardeau-Jackson, MO-IL............................
Carson City, NV.
Casper, WY
Cedar Rapids, IA
Champaign-Urbana, IL
Charleston, W V .
Charleston-North Charleston-Summerville, S C ....
Charlotte-Gastoma-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, GA-AL
Columbus, IN
Columbus, O H ...
Corpus Christi, TX
Corvallis, O R .............................................................
Crestview-Fort Walton Beach-Destin, F L ..............
Cumberland, MD-W V...............................................
-5.4
-6.5
-0.2
-5.6
22.4
-0.1
1.6
0.7
-2.5
-4.4
-0.6
-5.5
6.4
-4.6
-0.3
-2.8
0.9
-5.4
-4.0
-5.8
0.8
1.1
0.2
-1.9
0.7
-12.2
-1.2
-0.7
-4.8
-0.4
1.6
0.00
-0.18
(D)
(D)
(D)
0.05
2.32
1.62
(D)
0.05
(D)
(D)
2.79
0.00
1.73
0.00
0.14
0.04
(D)
-0.47
(D)
(D)
0.20
0.16
-0,02
0.41
(D)
-0.29
0.10
-0.06
(D)
-0.59
-2.61
0.91
(D)
-0.47
-0.67
-0.68
(D)
-1.06
-0.97
-0.73
(D)
-0.42
-0.74
-0.98
(D)
-0.46
(D)
-0.33
-1.98
-0.59
(D)
-0.76
-0.80
-0.41
-0.48
-0.40
-1.45
-0.41
-0.64
-0.50
-4.29
-0.40
(D)
-1.43
-0.36
(D)
(D)
(D)
(D)
(D)
(D)
(D)
-0.20
(D)
-0.55
(D)
(D)
-2.44
(D)
-0.65
(D)
(D)
-0.67
(D)
(D)
-10.74
(D)
(D)
(D)
-0.05
(D)
0.02
-0.29
-0.08 -0.41
(D)
(D)
-0.19 -0.37
0.20 -0.59
0.26
(D)
0.41
(D)
(D)
(D)
(D)
(D)
0.05
(D)
(D)
(D)
(D)
(D)
2.94
0.09
(D)
(D)
-0.08 -0.03
(D)
(D)
(D)
(D)
-1.61
(D)
(D) '
(D)
-0.25 -0.09
(D)
(D)
(D) -0.15
1.02
-0.21
(D)
(D)
(D)
(D)
-0.07
-0.71
(D)
(D)
(D)
(D)
(D)
(D)
-0.05
0.23
0.23
(D)
-0.45
-0.53
(D)
(D)
(D)
-0.46
-0.29
-0.34
(D)
-0.50
(D)
(D)
-0.55
-0.72
-0.66
-0.48
-0.38
-0.37
(D)
-0.72
(D)
-0.63
-0.28
-0.58
-0.10
-0.35
(D)
(D)
(D)
-0.14
-0.30
-0.02
-0.18
0.54
-0.31
-0.05
0.01
-0.03
(D)
-0.04
-0.04
(D)
(D)
0.21
(D)
-0.19
(D)
(D)
0.05
-0.20
-0.12
0.26
(D)
-0.32
(D)
(D)
0.08
-0.01
-0.03
-0.03
-0.19
0.44
1.00
-0.26
1.23
0.18
-0.55
2.43
1.69
(D)
-0.05
0.02
1.34
1.02
0.90
-0.07
2.13
0.96
1.06
0.20
1.23
-0.51
1.86
0.57
0.96
(D)
0.59
0.38
1.61
-0.10
-0.08
-0.06
0.72
-0.25
-0.66
0.21
-0.71
-0.20
-0.26
-0.13
-0.02
(D)
-0.91
(D)
(D)
-0.13
-1.11
-0.18
-0.77
0.22
-0.41
-1.03
-0.33
(D)
0.08
0.27
-0.20
-0.17
-0.65
(D)
(D)
0.03
0.57
(D)
0.04
0.13
(D)
-0.06
0.15
0.09
0.21
0.34
0.12
0.12
(D)
(D)
0.04
0.05
0.30
0.04
0.15
0.38
0.09
0.15
(D)
0.12
-0.04
-0.17
-0.08
0.17
(D)
0.34
0.14
0.07
0.21
-0.27
-0.44
-0.52
-0.95
-0.02
-0.17
-0.31
-0.04
-0.45
-0.21
-0.34
-0.26
-0.31
-0.34
-0.47
-0.38
0.05
-0.26
-0.30
-1.04
-0.25
-0.35
-0.04
-0.17
-0.23
-0.09
-0.31
-0.18
-0.22
-0.44
-0.08
-0.30
-0.33
-0.21
-0.25
-0.17
-0.16
-0.12
-0.11
-0.20
-0.16
-0.11
(D)
-0.10
(D)
-0.31
(D)
(D)
-0.30
-0.16
-0.13
-0.04
-0.18
-0.19
(D)
(D)
-0.08
-0.15
-0.15
-0.10
-0.18
-0.14
-0.03
-0.53
0.05
0.10
0.25
0.16
0.12
0.11
0.46
0.05
0.04
-0.28
1.17
0.13
-0.96
-0.08
2.89
-0.13
-0.06
0.34
1.05
2.50
0.27
0.35
2.34
-0.03
0.07
0.18
0.57
0.54
0.48
Dallas-Fort Wo rth-Arl ington, T X ..............................
Dalton, G A..................................................................
Danville, IL ..................................................................
Danville, V A ................................................................
Davenport-Moline-Rock Island, IA-IL......................
Dayton, OH.................................................................
Decatur, AL.................................................................
Decatur, IL ..................................................................
Deltona-Daytona Beach-Ormond Beach, FL
-0.9
-8.8
-1.5
-5.5
-3.1
-4.8
-4.0
-8.6
-6.5
(D)
(D)
3.49
(D)
(D)
0.17
0.16
0.61
0.23
(D)
-0.44
-0.32
(D)
0.07
-0.37
-0.84
-0.16
-1.50
(D)
-0.63
-2.68
-0.51
(D)
(D)
(D)
-3.72
(D)
0.05
-0.38
0.60
0.08
0.20
-0.15
-0.14
0.42
0.01
(D)
(D)
-1.53
(D)
(D)
-0.42
-0.55
-0.69
-0.55
(D)
(D)
-0.24
0.01
0.26
-0.28
(D)
0.03
-0.15
0.29
-0.01
0.37
0.51
(D)
0.59
0.27
-2.72
-0.81
(D)
(D)
0.06
-0.38
-1.04
-0.40
-0.63
-0.17
-0.37
(D)
(D)
-0.12
0.27
(D)
-0.06
0.12
-0.20
-0.51
(D)
(D)
-0.19
-0.23
-0.30
-0.25
-0.17
-0.12
-0.79
(D)
-0.13
-0.22
-0.30
-0.11
-0.20
(D)
-0.19
-0.38
0.20
-0.26
0.20
-0.14
0.08
0.63
-0.14
0.11
-0.58
(D)
-4.95
-0.92
-3.18
(D)
(D)
(D)
-1.81
(D)
40
Gross Domestic Product by Metropolitan Area
March 2011
Table 2. Contributions to Percent Change in Real Gross Domestic Product by Metropolitan Area, 2009*—Continues
Percent
change in
real GDP by
Natural
DurableNondurablemetropolitan resources Construction
goods
goods
Trade
area
and mining
manufacturing manufacturing
Percentage points
Transpor
Financial
tation and Information
activities
utilities
Professional
Education Leisure
and
Other
and health
and
Government
business
services
services hospitality
services
Denver-Aurora-Broomfield, CO................................
Des Moines-West Des Moines, IA ..........................
Detroit-Warren-Livonia, M l........................................
Dothan, AL..................................................................
Dover, DF
..................
Dubuque, IA................................................................
..................
Duluth, MN-WI
Durham-Chapel Hill, N C ...........................................
0.4
1.1
-9.0
-3.6
-2.8
-5.0
-2.6
-1.5
(D)
0.26
0.04
0.11
(D)
-0.46
(D)
-0.07
-0.66
-0.59
-0.63
-0.27
-0.88
-0.21
-0.41
-0.41
(D)
(D)
-4.12
(D)
(D)
-4.05
(D)
0.23
(D)
(D)
-0.37
(D)
(D)
-0.38
(D)
-1.97
(D)
0.38
-0.42
-0.65
(D)
0.46
0.16
0.17
(D)
-0.21
-0.72
-1.04
-0.15
-0.70
(D)
-0.27
0.05
-0.06
-0.33
(D)
-0.07
-1.76
-0.23
0.05
(D)
2.12
0.61
0.44
-0.43
1.79
1.17
0.76
(D)
0.02
-2.23
-0.42
0.02
0.37
(D)
-0.03
(D)
-0.03
-0.16
-0.03
0.08
0.22
-0.32
0.01
-0.33
-0.24
-0.41
-0.20
-0.29
-0.40
-0.27
-0.20
-0.17
-0.05
-0.23
(D)
-0.14
-0.12
(D)
-0.07
0.14
0.27
-0.04
0.16
0.35
0.21
-0.02
0.32
Eau Claire, W l...........................................................
El Centro, CA..............................................................
Elizabethtown, K Y .....................................................
Elkhart-Goshen, IN....................................................
Elmira, N Y ..................................................................
El Paso, TX .................................................................
Erie, PA.......................................................................
Eugene-Springfield, O R ...........................................
Evansville, IN-KY.......................................................
-2.6
-1.8
1.9
-18.3
-4.8
1.1
-5.0
-7.4
-3.3
(D)
0.25
0.60
0.19
0.08
0.08
0.16
-0.35
(D)
-0.46
-0.37
-0.45
-0.49
-0.30
-0.19
-0.29
-0.86
-0.78
-0.94
-0.42
(D)
-13.41
-2.81
-0.29
-3.64
-4.06
(D)
-0.40
0.11
(D)
-1.85
-0.15
0.07
-0.77
-0.37
(D)
(D)
-0.14
0.08
-1.09
0.13
-0.15
0.26
-0.12
(D)
(D)
-1.54
-0.81
-0.31
-0.84
-1.11
-0.65
-0.39
(D)
-0.22
-0.13
(D)
-0.06
-0.16
-0.15
-0.25
-0.36
(D)
1.32
0.92
0.71
0.18
0.72
0.90
0.58
0.22
0.69
-0.25
-0.26
(D)
-0.75
-0.62
-0.04
-0.63
-0.58
-0.16
0.30
0.22
0.13
-0.18
0.13
0.30
0.36
-0.11
0.25
-0.17
-0.32
-0.10
-0.28
-0.16
-0.15
-0.31
-0.39
-0.15
-0.18
-0.63
(D)
-0.31
-0.12
-0.11
-0.13
-0.26
-0.12
-0.07
0.51
4.74
0.07
-0.72
1.99
0.33
0.16
0.04
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, CO
Fort Smith, AR-OK........
Fort Wayne, IN...............
Fresno, C A ..................................................................
5.7
1.8
-2.0
3.4
-1.2
-4.0
-7.8
-4.5
0.6
-8.6
-2.4
-2.0
-4.6
-4.0
(D)
0.66
3.32
-0.03
(D)
0.13
(D)
-0.07
0.95
-1.38
0.05
(D)
(D)
-1.06
-0.47
-0.36
-2.22
-0.35
-0.50
-1.37
-0.50
-0.93
-0.53
-1.41
-0.80
-0.35
-0.50
-1.05
-0.02
-1.17
-0.33
-0.08
(D)
(D)
(D)
(D)
0.11
(D)
-0.79
(D)
-2.31
(D)
2.13
-0.16
0.04
-0.31
(D)
(D)
(D)
(D)
-0.06
(D)
-0.58
(D)
-0.48
(D)
0.30
0.84
-0.31
0.20
(D)
-0.48
-1.03
0.17
0.50
0.16
0.00
0.27
(D)
0.01
-0.20
-0.48
-1.62
-0.29
(D)
-0.35
(D)
-1.00
-0.39
-0.79
-0.13
-1.20
(D)
-0.95
-0.09
0.49
0.01
-0.44
-0.28
-0.14
0.03
-0.06
0.08
0.09
0.14
-0.13
(D)
-0.18
0.96
1.75
-0.58
0.84
0.32
-1.29
0.76
1.50
0.83
0.82
0.77
-0.06
0.73
0.70
(D)
-0.02
-0.24
0.23
(D)
-0.29
-0.60
0.16
0.08
-0.68
-1.01
(D)
(D)
-0.52
0.09
0.21
0.13
0.26
(D)
0.58
0.09
-0.09
0.10
0.14
0.25
(D)
(D)
0.18
-0.29
-0.12
-0.14
-0.13
(D)
-1.05
-0.33
-0.22
-0.19
-0.25
-0.28
(D)
-0.29
-0.32
-0.10
-0.12
-0.23
-0.16
-0.11
-0.20
-0.30
-0.21
-0.31
-0.19
-0.15
-0.15
(D)
-0.25
2.28
0.27
0.18
3.66
0.09
0.44
0.14
-0.38
-0.54
-0.09
0.15
0.23
0.05
-0.43
Gadsden, AL...............................................................
Gainesville, FL...........................................................
Gainesville, GA..........................................................
Glens Falls, N Y..........................................................
Goldsboro, N C ...........................................................
Grand Forks, ND-MN................................................
Grand Junction, CO ...................................................
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.....................................................
-4.8
-1.4
-7.2
-1.4
-3.2
-2.9
-7.0
-5.1
-0.3
-4.7
-3.1
-6.1
-2.3
-5.3
-2.0
-0.19
(D)
0.06
-0.31
-0.19
-2.49
-2.48
(D)
-0.45
0.00
-0.28
0.09
(D)
-0.06
(D)
-0.67
-0.84
-1.20
-0.09
-0.57
-0.03
-1.33
-0.59
0.01
-1.43
-0.62
-0.84
-0.86
-1.08
-0.42
-1.49
(D)
(D)
-0.28
-0.40
-0.83
-0.82
(D)
-0.07
(D)
-1.61
(D)
-1.69
(D)
(D)
0.04
(D)
(D)
-0.51
^1.00
-0.45
-0.16
(D)
0.84
(D)
-0.99
(D)
-0.56
(D)
(D)
-0.79
0.03
0.05
0.24
0.46
1.01
-0.34
(D)
-0.50
-1.47
(D)
-0.25
(D)
(D)
-0.12
-0.71
-0.16
-0.49
-0.42
-0.48
-0.31
-0.74
(D)
-1.64
-1.10
(D)
-0.25
(D)
(D)
-0.88
0.14
(D)
0.00
-0.09
1.21
-0.04
-0.06
-0.19
0.03
-0.17
(D)
-0.14
(D)
0.01
-0.04
0.52
1.18
0.40
0.77
1.12
0.59
-0.34
0.89
0.35
1.08
1.55
0.39
1.42
0.34
0.12
-0.54
(D)
-1.16
0.15
-0.38
0.11
-0.41
(D)
0.94
-0.32
-0.30
-0.69
-0.36
-1.33
(D)
-0.34
(D)
0.12
0.13
-0.11
0.01
0.12
(D)
0.07
0.17
0.16
-0.05
0.15
0.00
(D)
-0.36
-0.57
-0.27
-0.58
-0.12
-0.18
-0.50
-0.29
-0.40
-0.22
-0.20
-0.34
-0.24
-0.28
-1.34
-0.38
-0.19
-0.18
-0.11
-0.17
-0.11
-0.24
-0.13
-0.17
-0.17
(D)
-0.19
-0.13
-0.17
-0.18
0.00
0.59
-0.38
-0.32
0.48
-0.17
0.31
0.05
0.64
0.20
0.06
-0.27
-0.42
0.08
0.81
Hagerstown-Martinsburg, MD-WV..........................
Hanford-Corcoran, C A ..............................................
Harrisburg-Carlisle, PA.............................................
Harrisonburg, V A .......................................................
Hartford-West Hartford-East Hartford, C T .............
Hattiesburg, M S.........................................................
Hickory-Lenoir-Morganton, NC................................
Hinesville-Fort Stewart, G A .....................................
Holland-Grand Haven, M l........................................
Honolulu, H I....................
Hot Springs, AR.............
Houma-Bayou Cane-Thibodaux, LA.......................
Houston-Sugar Land-Baytown, T X .........................
Huntington-Ashland, WV-KY-OH..............................
Huntsville, AL..............................................................
-3.0
-4.2
0.3
-1.2
-2.2
-1.0
-10.5
1.1
-10.1
-1.3
-2.0
1.3
2.4
6.1
1.2
-0.22
(D)
-0.15
(D)
0.00
0.42
0.21
0.01
0.38
0.02
0.40
3.80
(D)
0.48
0.33
(D)
(D)
-0.19
-0.63
-0.36
-0.47
-0.70
-0.11
-0.55
-0.70
-0.63
-0.22
-0.77
-0.56
-0.37
(D)
-0.16
-0.66
-0.38
(D)
(D)
-4.59
(D)
-6.91
-0.03
-1.00
(D)
(D)
(D)
(D)
(D)
-0.05
-0.48
-2.99
(D)
(D)
-2.94
-0.12
-1.65
0.19
-0.38
(D)
(D)
(D)
(D)
(D)
0.05
(D)
(U)
(D)
(D)
0.33
(D)
-0.08
0.24
0.79
0.34
0.22
<L)|
0.28
-0.68
-0.94
(D)
(D)
(D)
(D)
-1.13
(D)
-0.34
-0.72
-0.38
-0.88
(D)
(D)
-0.15
(D)
-0.12
-0.35
1.31
-0.15
-0.14
0.00
-0.09
-0.02
-0.15
-0.15
-0.02
(D)
-0.04
0.02
0.47
0.51
1.56
0.18
0.82
0.70
0.63
0.22
0.09
-0.17
-0.34
-0.75
0.11
0.56
0.42
-0.21
0.34
0.27
-0.53
-0.36
-0.40
(D)
0.21
-0.52
-0.26
0.13
-0.54
(D)
-0.09
1.20
0.09
0.22
0.17
0.24
0.07
0.45
-0.07
(D)
0.09
0.16
0.20
-0.02
(D)
0.87
0.13
-0.20
-0.15
-0.38
-0.13
-0.18
-0.31
(D)
0.02
-0.25
-0.44
-0.45
-0.16
(D)
-0.18
-0.15
-0.15
-0.18
-0.15
-0.09
-0.15
-0.23
-0.21
(D)
-0.33
-0.16
-0.19
-0.20
(D)
-0.19
-0.12
0.57
-1.79
0.18
-0.06
-0.02
0.22
-0.54
1.12
-0.01
0.74
0.04
0.14
0.16
0.41
1.34
Idaho Falls, ID............................................................
Indianapolis-Carmel, IN ............................................
Iowa City, IA ................................................................
Ithaca, NY...................................................................
-3.5
-3.5
0.6
-2.7
-1.16
0.11
0.39
-0.32
-1.39
(D)
-0.25
-0.11
-0.46
(D)
-0.54
-0.31
-0.47
(D)
-0.97
-0.07
0.65
(D)
0.56
0.23
-0.68
-0.24
-0.36
-0.64
-0.12
-0.05
0.15
0.03
0.34
0.53
1.34
0.80
-0.06
-0.48
-0.15
-0.70
0.04
0.16
0.22
-1.46
-0.14
-0.37
-0.27
-0.13
-0.21
-0.18
-0.08
-0.07
0.11
0.22
0.59
0.10
Jackson, M l.................................................................
Jackson, M S ...............................................................
Jackson, TN ................................................................
Jacksonville, F L .
Jacksonville, NC
Janesville, W l....
Jefferson City, MO
Johnson City, TN
Johnstown, PA...
Jonesboro, A R ...........................................................
Joplin, M O ..................................................................
-8.0
-0.3
-5.4
-3.6
12.7
-7.8
-1.4
-2.8
-1.0
-2.7
-2.6
-0.01
1.60
(D)
0.01
-0.23
2.17
(D)
0.21
0.10
-1.07
-0.21
-0.26
-0.68
(D)
(D)
-0.17
-0.70
-0.55
-1.01
-0.26
-0.32
-0.42
-3.33
(D)
-2.51
(D)
(D)
-8.17
(D)
(D)
0.29
-1.83
-1.60
-0.65
(D)
-0.71
(D)
(D)
-0.55
(D)
(D)
-0.16
-0.43
-0.81
0.07
0.09
0.32
(U)
0.15
0.84
(D)
0.99
-0.29
0.83
0.67
-1.95
-0.39
(D)
(D)
-0.37
-0.91
(D)
-0.37
-0.70
-0.97
-0.62
-0.12
-0.07
(D)
0.81
-0.08
-0.04
(D)
-0.52
-0.03
-0.02
0.15
0.32
0.53
0.89
-0.52
1.15
0.69
0.96
0.25
0.93
1.20
0.73
-0.74
-0.40
(D)
-0.71
0.33
-0.38
(D)
-0.15
-0.48
0.10
-0.25
-0.63
0.12
(D)
0.17
0.07
-0.33
(D)
0.69
0.01
0.33
-0.08
-0.40
-0.22
(D)
-0.44
-0.11
-0.30
(D)
-0.32
-0.16
-0.43
-0.15
-0.30
-0.21
-0.16
-0.21
-0.06
-0.23
(D)
-0.22
-0.14
-0.18
-0.21
0.03
0.54
-0.31
-0.15
12.21
0.16
0.03
1.06
-0.14
0.08
0.17
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 .................................................................
-4.2
-2.2
-2.3
6.7
3.3
-5.5
-2.7
-4.0
-20.0
(D)
0.14
0.12
2.67
(D)
-0.06
0.01
-0.01
-0.52
-0.53
-1.10
-0.60
0.07
-0.39
(D)
-0.43
(D)
-0.60
-2.80
-0.27
(D)
-0.04
(D)
(D)
-1.00
-1.75
-17.54
-1.32
-0.55
(D)
-0.07
(D)
(D)
-0.40
-0.36
-0.43
(D)
-0.26
(D)
0.37
0.36
(O)
(U)
(D)
-0.05
(D)
-0.25
-0.50
-0.17
0.35
-0.85
(D)
-0.73
-0.13
-0.26
-0.15
(D)
-0.09
-0.01
(D)
-0.01
(D)
-0.01
1.35
0.55
0.71
0.04
0.08
(D)
0.70
0.41
0.35
(D)
-0.48
-0.45
2.82
(D)
1.05
-0.03
0.25
-0.39
0.26
0.31
0.06
0.39
(D)
-0.12
0.01
0.28
0.39
-0.30
-0.12
-0.28
-0.13
-0.12
-0.26
-0.59
(D)
-0.33
-0.18
-0.26
-0.16
-0.09
-0.07
-0.20
-0.31
(D)
-0.19
-0.08
0.24
0.25
0.98
3.00
0.04
-0.34
-0.01
-0.52
La Crosse, W I-M N.....................................................
Lafayette, IN................................................................
Lafayette, LA...............................................................
-0.2
-5.5
4.6
(D)
-0.31
(D)
-0.18
-0.42
0.16
(D)
(D)
-0.68
(D)
(D)
0.23
(D)
0.13
0.14
(D)
-0.57
(D)
-0.12
(D)
-0.29
2.44
0.82
-0.16
(D)
-0.34
(D)
0.07
0.28
0.04
-0.32
-0.21
-0.21
-0.21
(D)
-0.15
0.08
-0.02
0.22
March 2011
41
S u r v e y o f C u r r e n t B u sin e s s
Table 2. Contributions to Percent Change in Real Gross Domestic Product by Metropolitan Area, 2009*—Continues
Percentage points
Percent
change in
Professional
real GDP by
DurableNatural
NondurableTranspor
Education Leisure
Financial
Other
and
metropolitan resources Construction
goods
goods
Trade tation and Information
Government
and
activities
business and health
services
area
and mining
manufacturing manufacturing
utilities
services hospitality
services
Lake Charles, LA .......................................................
Lake Havasu City-Kingman, AZ...............................
Lakeland-Winter Haven, F L .....................................
Lancaster, PA
Lansing-East Lansing, M l.........................................
Laredo, T X ..................................................................
Las Cruces, NM.
Las Vegas-Paradise, NV...........................................
Lawrence, KS
Lawton, OK
.......................................................
Lebanon, PA
Lewiston, ID-WA
Lewiston-Auburn, M E ...............................................
Lexington-Fayette, K Y ..............................................
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, T X ..............................................................
Lynchburg, V A ...........................................................
7.5
-8.2
-4.8
-3.1
-4.9
-1.8
1.0
-7.6
1.3
4.8
-1.6
-3.6
-2.4
-4.8
-3.0
-0.8
2.4
-1.5
-5.2
-4.9
-3.4
-3.3
2.2
-4.2
0.50
(D)
-0.74
-0.28
(D)
-0.22
0.99
0.02
0.27
(D)
-0.29
(D)
0.57
(D)
-0.23
0.23
0.41
1.74
-1.73
0.57
0.46
0.07
2.16
-0.18
-1.28
-3.91
-0.89
-0.74
-0.49
-0.76
-0.44
-2.50
-0.48
0.14
-0.22
-0.92
(D)
-0.51
-0.57
-0.14
-0.59
-0.96
-0.44
-0.93
-0.57
(D)
(D)
(D)
(D)
-1.00
-0.66
-1.20
-3.86
-0.14
0.06
-0.43
-0.51
(D)
-1.97
(D)
-0.92
(D)
-2.32
-0.89
(D)
(D)
-2.51
-0.81
-0.44
(D)
(D)
(D)
(D)
-0.17
-0.98
-0.94
-0.17
-0.07
-0.17
-0.12
-0.05
(D)
-0.49
(D)
-1.48
(D)
0.65
-0.76
(D)
(D)
-0.83
-2.19
0.12
(D)
(D)
(D)
(D)
-0.95
0.39
0.40
(D)
-0.50
0.14
-0.42
0.76
0.20
0.90
(D)
-0.03
(D)
0.43
(D)
(D)
0.30
0.08
(D)
-0.26
(D)
0.54
(D)
(D)
-0.67
-0.50
-0.56
(D)
-1.59
-0.91
-0.53
-0.39
-0.13
-0.42
(D)
-0.47
(D)
-0.69
(D)
-0.81
-1.38
0.00
(D)
-0.41
-0.65
-0.18
-0.72
(D)
-0.12
-0.11
-0.04
-0.23
0.03
-0.14
-0.13
-0.15
(D)
-0.05
-0.05
-0.58
-0.31
-0.01
-0.27
(D)
0.13
-0.03
0.00
-0.13
(D)
(D)
(D)
-0.02
-1.14
0.04
0.48
0.20
0.35
0.59
-0.46
1.94
1.54
0.36
0.61
(D)
0.12
0.30
1.30
0.95
1.09
0.40
-0.57
-0.30
0.82
1.09
(D)
-0.72
(D)
-0.57
-0.14
(D)
-0.12
0.29
-1.27
0.28
(D)
-0.32
(D)
-0.22
(D)
-0.14
-0.33
-0.22
-0.59
-0.35
0.05
-1.05
-0.05
-0.01
-0.02
0.06
0.68
0.01
0.31
0.00
0.41
0.36
0.07
0.03
0.08
0.15
-0.21
0.28
(D)
-0.07
0.11
-0.02
0.20
0.21
0.25
0.09
0.19
(D)
-0.19
-0.09
-0.39
-0.39
-0.27
-0.32
-0.32
-0.24
-1.75
-0.28
-0.11
-0.23
-0.35
-0.26
-0.26
-0.24
-0.24
-0.17
-0.15
-0.10
-0.48
-0.48
-0.33
-0.25
-0.19
(D)
-0.34
-0.27
-0.20
-0.26
-0.13
-0.21
-0.18
-0.13
(D)
-0.11
-0.31
-0.13
-0.08
-0.16
-0.17
(D)
-0.21
-0.13
-0.07
-0.22
(D)
-0.12
-0.13
-0.03
-0.77
-0.11
0.08
0.58
1.26
0.70
0.10
-0.03
3.54
1.11
0.21
-0.15
-0.13
0.06
0.20
0.81
0.02
0.22
-0.21
-0.24
0.07
0.36
-0.28
Macon, G A .................................................................
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, FL
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, Ml
Montgomery, A L ........................................................
Morgantown, WV
Morristown, TN
Mount Vernon-Anacortes, W A.................................
Muncie, IN
Muskegon-Norton Shores, M l.................................
Myrtle Beach-North Myrtle Beach-Conway, S C ....
-4.5
-5.1
0.5
-2.6
3.4
-3.7
-8.7
-2.2
-5.2
-3.8
-€.0
-4.5
-5.8
5.5
-3.5
-3.1
-2.1
-0.1
-5.3
0.0
-10.3
-2.3
1.8
-9.1
4.5
^t.O
-6.0
-7.7
-0.11
-1.52
0.42
-0.01
(D)
-0.01
(D)
-1.21
-0.40
(D)
-2.38
0.12
-0.14
7.33
0.07
(D)
-0.22
1.54
-0.85
(D)
1.42
0.29
-0.49
-0.12
-0.03
0.06
-0.17
-0.07
(D)
-1.05
-0.65
-0.49
-0.12
-0.97
-0.29
-0.68
-1.65
-0.62
-1.08
-1.17
-0.39
-0.12
-0.40
-0.70
-0.85
-0.55
-1.07
0.39
-0.46
-0.90
0.13
(D)
-1.27
-0.62
-0.69
-2.01
(D)
(D)
(D)
-0.87
(D)
-1.87
-5.95
-0.22
-1.07
(D)
-0.92
-0.35
-3.14
-0.75
(D)
(D)
-0.21
0.22
-1.03
(D)
-5.97
(D)
(D)
-4.93
-1.16
-2.48
-2.01
-0.47
(D)
(D)
(D)
-0.39
(D)
-0.58
-0.50
-0.33
-0.12
(D)
-1.03
-0.12
-0.21
0.32
(D)
(D)
-0.33
-0.59
-0.24
(D)
-0.27
(D)
(D)
-0.83
7.52
-0.22
-0.83
-0.06
(D)
0.27
0.25
-0.07
(D)
0.28
-0.19
0.29
(D)
(D)
(D)
0.09
0.15
-0.38
0.01
(D)
-0.08
0.10
0.28
0.14
-0.23
(D)
0.85
(D)
-0.20
0.37
-0.09
-0.47
-1.05
-1.27
-0.32
-0.12
(D)
-0.51
(D)
-1.56
(D)
(D)
(D)
-0.46
-1.61
-0.26
-0.37
(D)
-1.84
-1.29
-1.77
-0.43
-1.74
(D)
-0.23
-1.06
-0.38
-0.50
-0.47
-0.27
(D)
0.15
0.20
0.05
-0.23
-0.20
-0.02
-0.05
0.09
(D)
-0.05
-0.32
-0.49
-0.11
-0.02
(D)
0.03
-0.05
-0.35
0.34
-0.18
(D)
0.07
(D)
-0.04
-0.14
-0.39
-0.08
-0.22
0.50
2.50
0.50
0.95
0.45
0.53
0.03
0.71
0.37
0.59
-0.69
1.20
0.39
0.65
(D)
1.39
1.52
1.04
1.33
-1.30
0.12
-0.13
0.60
0.62
1.06
0.33
-2.16
-0.29
-0.40
-0.40
-0.77
(D)
-0.60
-0.54
-0.07
-0.44
(D)
-0.39
-0.90
-0.21
-1.01
-0.63
(D)
-0.01
-0.51
-0.46
-0.18
-0.69
0.24
0.69
-0.48
-0.18
-1.12
-0.41
-0.84
0.08
0.63
0.12
-0.02
(D)
0.07
-0.01
1.06
0.02
(D)
0.28
0.04
-0.44
0.05
-0.05
0.17
0.24
-0.16
0.64
-0.06
-0.02
0.16
0.66
-0.14
0.01
0.11
-0.46
0.43
-0.28
-0.23
-0.20
-0.23
-0.22
-0.15
-0.44
-0.23
-0.46
(D)
0.04
-0.41
-0.16
-0.04
-0.32
-0.34
-0.31
-0.22
-0.33
-0.10
-0.53
-0.30
-0.09
-0.29
-0.35
-0.28
-0.42
-1.65
(D)
-0.15
-0.16
-0.23
-0.04
-0.23
-0.31
-0.15
-0.24
(D)
-0.16
-0.19
-0.16
-0.11
-0.15
-0.16
-0.24
-0.20
-0.28
-0.15
-0.24
(D)
-0.02
(D)
-0.23
-0.20
-0.26
-0.17
-0.29
-1.17
-0.13
0.02
4.02
0.64
-0.02
0.89
0.01
-0.03
0.34
-0.14
-0.18
0.24
0.13
0.02
0.29
0.11
-0.82
0.09
-0.07
0.60
0.49
-0.10
0.21
0.00
-0.15
0.16
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...........................................
North Port-Bradenton-Sarasota, F L .......................
Norwich-New London, C T .......................................
-5.5
-8.0
-4.7
-3.1
8.6
-0.04
0.46
-0.22
-0.01
(D)
-1.31
-2.69
(D)
-0.60
-0.14
-0.34
-0.17
(D)
-0.94
(D)
-2.37
-0.08
(D)
-0.72
(D)
0.15
-0.03
(D)
-0.18
(D)
-0.44
-1.00
-0.49
-0.43
(D)
-0.24
-0.37
(D)
-0.63
(D)
0.53
-1.49
0.80
0.94
0.07
-0.53
-0.86
-0.79
-0.65
(D)
0.02
-0.21
0.10
0.11
(D)
-0.56
-1.20
-0.45
-0.17
-0.47
-0.25
-0.20
(D)
-0.16
-0.14
-0.14
-0.21
0.00
0.36
0.12
-4.0
-6.0
-5.6
-2.6
(D)
0.46
0.28
0.17
-0.33
-0.48
-1.59
-0.61
(D)
(D)
-0.99
(D)
(D)
(D)
-0.27
(D)
0.07
-0.03
-0.35
0.21
(D)
0.11
-0.45
-0.71
-0.17
-0.17
-0.22
-0.13
-1.37
1.04
-0.12
0.37
(D)
-0.33
-1.08
-0.17
0.00
-0.23
0.32
0.04
-0.28
-0.19
-0.63
-0.10
-0.13
-0.32
-0.29
-0.13
0.03
-0.22
-0.25
-0.48
Ocala, FL....................................................................
Ocean City, NJ...........................................................
Odessa, T X ................................................................
Ogden-Clearfield, U T ...............................................
Oklahoma City, O K ...................................................
Olympia, WA...............................................................
Omaha-Council Bluffs, NE-IA..................................
Orlando-Kissimmee-Sanford, F L............................
Oshkosh-Neenah, W l...............................................
Owensboro, K Y .........................................................
Oxnard-Thousand Oaks-Ventura, CA.....................
-8.3
-3.7
-9.8
-1.0
14.5
-1.3
-1.4
-4.5
-5.0
-0.3
0.1
-0.15
-0.42
(D)
-0.17
14.97
0.05
0.58
-0.01
-0.15
1.14
2.15
-1.87
(D)
-2.13
-1.21
-0.19
-0.74
-0.28
-1.41
-0.45
-0.31
-0.60
-1.16
-0.08
-1.64
(D)
(D)
-0.12
(D)
(D)
-1.70
(D)
-0.51
-0.42
-0.02
-0.44
(D)
(D)
-0.25
(D)
(D)
-1.60
(D)
0.17
-0.43
0.10
-0.92
-0.04
(D)
0.42
(D)
-0.16
(D)
(D)
0.12
-1.18
(D)
-0.10
-0.28
-0.22
-0.21
-1.99
-0.41
(D)
-0.60
-0.43
-0.26
0.10
-0.05
(D)
(D)
-0.43
(D)
-0.26
-0.20
(D)
-0.37
-1.07
-0.28
-0.27
0.77
0.20
1.01
1.24
0.52
0.42
1.08
0.16
-0.52
-0.25
-0.91
-0.20
-0.47
-0.29
-0.02
-0.97
-0.88
-0.06
0.07
-0.66
0.24
(D)
0.27
0.05
0.14
-0.07
0.01
-0.11
-0.14
0.15
-0.40
-0.71
-0.16
-0.22
-0.06
-0.22
-0.32
-1.09
-0.20
-0.34
-0.46
-0.27
-0.14
-0.38
(D)
(D)
-0.21
(D)
-0.21
-0.08
-0.15
-0.26
0.11
0.07
0.39
0.67
0.36
-0.40
0.37
-0.11
-0.15
0.21
-0.11
Palm Bay-Melbourne-Titusville, FL.........................
Palm Coast, FL..........................................................
Panama City-Lynn Haven-Panama City Beach, FL
Parkersburg-Marietta-Vienna, W V-O H...................
Pascagoula, M S ........................................................
Pensacola-Ferry Pass-Brent, F L ............................
Peoria, IL ....................................................................
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Phoenix-Mesa-Glendale, A Z ...................................
Pine Bluff, A R ............................................................
Pittsburgh, PA.......................................................... .
Pittsfield, M A .............................................................
Pocatello, ID ...............................................................
Portland-South Portland-Biddeford, M E ................
Portland-Vancouver-Hilisboro, OR-WA...................
Port St. Lucie, FL.......................................................
Poughkeepsie-Newburgh-Middletown, N Y ............
Prescott, AZ................................................................
-2.4
-1.4
-2.5
-1.5
15.0
-1.1
-7.1
-0.9
-4.7
-2.0
-1.0
-3.3
-4.9
-1.3
-2.9
-5.9
0.0
-6.5
-0.04
(D)
-0.13
0.37
-0.06
-0.09
(D)
0.05
0.00
-0.05
(D)
0.15
-0.75
-0.02
0.10
-0.14
-0.12
0.71
-1.15
-1.40
-1.47
(D)
-0.42
-0.83
-0.54
(D)
-1.92
0.37
-0.21
-0.61
-0.74
-0.50
-0.66
-1.56
-0.67
-2.75
0.12
-1.11
-0.28
(D)
(D)
-0.33
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
-0.53
(D)
-0.29
0.03
-0.14
-0.15
(D)
(D)
-0.57
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
(D)
-0.27
(D)
-0.16
-0.43
0.96
0.08
(D)
0.01
0.04
(D)
0.25
-0.11
(D)
0.33
-0.22
(D)
0.31
(D)
-0.78
(D)
-0.48
-0.34
(D)
-0.90
-0.93
-0.32
-0.24
-0.43
-0.31
-0.58
(D)
-1.05
-0.65
(D)
-0.24
-0.43
-0.73
(D)
-0.49
0.18
(D)
-0.17
(D)
-0.13
-0.33
(D)
-0.07
0.01
(D)
0.01
-0.05
(D)
-0.01
(D)
-0.14
-0.20
-0.19
0.31
-0.24
-0.14
1.41
0.19
0.84
-0.19
0.68
0.20
0.38
0.83
1.34
0.59
1.14
(D)
-0.19
0.86
-0.31
-0.63
-0.36
0.49
-0.74
-0.60
-0.23
-0.20
-0.40
-0.98
-0.04
(D)
-0.58
-0.22
-0.81
-0.66
-0.81
-0.04
-0.65
0.02
1.20
-0.12
0.25
-0.03
0.04
0.34
0.03
0.10
0.12
-0.05
-0.34
(D)
0.11
0.03
0.09
0.42
-0.15
-0.34
-0.41
-0.37
-0.24
-0.13
-0.31
-0.30
-0.24
-0.43
-0.16
-0.22
-0.63
-0.21
-0.32
-0.30
-0.27
-0.30
-0.72
-0.21
-0.07
-0.20
-0.20
-0.16
-0.18
-0.24
-0.13
-0.17
-0.19
-0.16
-0.13
-0.17
-0.13
-0.19
-0.30
-0.15
-0.21
0.06
-0.62
0.89
0.13
0.32
1.03
0.08
0.14
-0.14
1.15
0.12
0.16
-3.12
0.14
0.21
-0.31
0.39
-0.79
42
Gross Domestic Product by Metropolitan Area
March 2011
Table 2. Contributions to Percent Change in Real Gross Domestic Product by Metropolitan Area, 2009*—Continues
Percent
change in
Nondurablereal GDP by Natural
Durablemetropolitan resources Construction
goods
goods
manufacturing manufacturing
area
and mining
Percentage points
Trade
Transpor
Financial
tation and Information
activities
utilities
Professional
Education Leisure
and
Other
Government
and health
and
business
services
services hospitality
services
Providence-New Bedford-Fall River, RI-MA...........
Provo-Orem, U T ........................................................
Pueblo, C O .................................................................
PuntaGorda, F L ........................................................
-2.7
-3.0
-0.1
-6.9
-0.18
(D)
(D)
-0.18
(D)
-1.62
-0.73
-2.43
(D)
-0.84
0.73
-0.55
(D)
-0.27
-0.15
0.09
(D)
0.15
0.05
-0.62
-0.41
-0.81
-0.42
-0.60
0.00
(D)
(D)
-0.21
0.62
0.92
0.48
-0.95
-0.57
(D)
0.05
-0.75
0.05
0.07
0.44
0.15
-0.36
-0.25
-0.30
-0.12
-0.16
(D)
-0.19
-0.23
-0.12
0.18
0.19
-0.50
Racine, W l..................................................................
Raleigh-Cary, NC.......................................................
Rapid City, S D ...........................................................
Reading, PA................................................................
Redding, C A ...............................................................
Reno-Sparks, NV.......................................................
Richmond, VA............................................................
Riverside-San Bernardino-Ontario, C A ..................
Roanoke, VA...............................................................
Rochester, MN...........................................................
Rochester, N Y ...........................................................
Rockford, IL ................................................................
Rocky Mount, N C ......................................................
Rome, G A...................................................................
-7.0
-3.2
2.0
-2.1
-5.1
-6.9
-2.3
-4.9
-3.9
-0.1
-2.9
-9.8
-5.7
-6.0
0.68
0.02
-0.22
0.02
-0.29
0.06
0.07
-0.01
-0.06
0.15
(D)
(D)
1.11
0.02
-0.78
-1.20
-0.13
-0.59
-1.46
-2.31
(D)
-1.49
(D)
-0.65
-0.38
-1.09
-0.59
-0.26
-3.88
-0.64
-0.53
-0.48
-0.71
(D)
(D)
-1.01
(D)
(D)
-1.70
(D)
-2.17
-1.67
-2.12
-0.49
-0.08
-1.08
0.12
(D)
(D)
-0.30
(D)
(D)
-1.55
(D)
-2.26
-1.37
0.10
0.24
0.49
0.21
-0.41
(D)
(D)
-0.39
(D)
(D)
(D)
(D)
-0.24
-0.17
-0.25
-0.72
-0.91
-0.39
-1.24
(D)
-0.45
-0.52
-0.28
(D)
(D)
(D)
-0.37
-0.97
-0.14
0.15
-0.04
-0.13
-0.04
(D)
(D)
0.22
(D)
0.01
0.02
-0.11
-0.42
0.23
0.71
0.51
3.15
0.54
0.71
0.78
1.31
-0.08
0.99
0.85
0.86
0.38
0.61
-0.27
-1.00
-0.43
-0.18
-0.06
-0.64
(D)
-1.22
-0.54
-0.13
-0.27
-0.35
-0.73
-0.82
-1.07
0.11
0.01
-0.13
0.06
0.46
0.00
0.18
0.18
0.08
1.39
(D)
0.11
-0.07
0.26
-0.30
-0.19
-0.31
-0.29
-0.59
-1.13
-0.22
-0.46
-0.26
-0.28
-0.20
-0.29
-0.20
-0.22
-0.19
-0.19
-0.15
-0.17
-0.30
-0.07
(D)
-0.28
(D)
-0.06
-0.10
-0.24
-0.13
-0.08
0.07
-0.33
1.01
0.27
-0.69
-0.30
0.11
-0.21
-0.02
-0.01
0.34
0.23
-0.16
-0.39
Sacramento-Arden-Arcade-Roseville, C A .............
Saginaw-Saginaw Township North, M l...................
St. Cloud, M N ............................................................
St. George, U T ..........................................................
St. Joseph, MO-KS....................................................
St. Louis, MO-IL.........................................................
Salem, O R ..................................................................
Salinas, C A.................................................................
Salisbury, MD..............................................................
Salt Lake City, U T ......................................................
San Angelo, TX..........................................................
San Antonio-New Braunfels, T X ..............................
San Diego-Carlsbad-San Marcos, CA....................
Sandusky, O H............................................................
San Francisco-Oakland-Fremont, CA.....................
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, M A ..........................................................
Springfield, MO.
Springfield, O H .
State College, PA
Steubenville-Weirton, OH-W V.................................
Stockton, CA....
Sumter, S C ......
Syracuse, NY....
-2.8
-4.8
0.3
-5.8
-1.5
-5.1
-1.7
-1.8
-2.8
0.3
-1.0
-0.9
-2.4
-5.7
1.0
-3.8
-1.6
-0.4
0.5
-4.8
-5.9
-3.4
-1.8
-2.4
-7.4
-7.5
-1.0
13.6
-3.4
4.2
-7.0
-8.0
-1.9
1.7
-2.2
-3.0
-3.3
-0.6
-4.3
-2.5
-5.1
-1.6
0.25
0.30
(D)
(D)
0.79
0.00
1.04
1.22
-0.31
(D)
(D)
0.38
0.14
-0.03
(D)
0.10
0.20
1.13
3.89
(D)
-0.24
-0.01
-0.04
-0.22
-0.47
-0.36
0.09
14.58
(D)
0.85
(D)
0.15
-0.31
0.96
0.22
(D)
0.27
0.00
(D)
0.15
-0.33
0.06
-1.04
-0.46
-0.43
-3.57
0.90
(D)
-0.99
-0.72
-0.75
-0.83
-0.50
-0.76
-0.70
-0.26
-0.59
-0.57
-1.25
-0.88
-1.54
-1.39
-1.37
-0.73
-0.36
-0.82
-1.56
-0.73
-0.46
-0.40
-0.60
-0.13
-0.59
-1.12
-0.67
-0.54
-0.52
(D)
-0.33
-0.26
(D)
-1.26
-1.13
-0.27
(O)
-3.19
-1.68
-1.37
(D)
(D)
(D)
-0.05
-0.40
0.12
(D)
(D)
-0.05
-4.11
-0.39
(D)
(D)
-0.10
-0.93
-0.14
(D)
(D)
(D)
(D)
-0.89
-4.92
-1.11
(D)
(D)
(D)
-3.28
-2.92
-1.08
(D)
-0.92
(D)
-3.77
-0.34
(D)
-0.91
-2.56
(D)
(D)
-0.20
-0.81
-0.12
(D)
(D)
(D)
0.10
-0.34
0.11
(D)
(D)
-0.11
0.85
3.97
(D)
(D)
0.15
-0.34
-0.08
(D)
(D)
(D)
(D)
-0.04
-1.90
-0.72
(D)
(D)
(D)
-1.05
-1.82
-0.20
(D)
-0.83
(D)
-0.42
-0.09
(D)
-0.39
-0.99
(D)
(D)
0.26
0.69
-0.58
-1.30
(D)
-0.37
-0.18
0.03
(D)
(D)
0.21
-0.32
-0.50
(D)
-0.46
-0.15
-0.03
-0.01
-0.35
-0.60
(D)
(D)
0.11
-2.24
0.43
0.60
0.06
-0.13
0.55
-0.37
-0.07
0.03
0.64
0.09
(D)
(D)
0.29
0.03
0.05
-0.52
0.52
(D)
-0.64
-0.37
-0.19
-1.31
-0.36
-0.21
-0.57
-0.70
(D)
(D)
-1.52
-0.14
-0.53
(D)
-0.34
-0.72
-0.20
-0.56
0.05
-0.57
(D)
(D)
-0.24
-0.34
-0.56
-0.22
-0.46
-0.63
-0.09
(D)
-0.53
-0.30
-0.36
(D)
(D)
(D)
-0.53
(D)
-0.73
-0.52
-0.92
-0.05
-0.33
-0.02
(D)
(D)
(D)
-0.09
-0.25
(D)
-0.01
(D)
-0.50
-1.07
0.10
-0.26
-0.20
-0.06
-0.01
-0.21
(D)
-0.22
-0.08
0.00
0.25
-0.14
-0.01
-0.04
0.20
-0.04
-0.06
(D)
-0.05
-0.05
-0.28
-0.15
-0.08
0.14
0.13
-0.04
0.00
-0.14
-0.12
0.58
0.11
1.37
0.42
0.69
0.71
0.32
-0.65
0.28
1.34
(D)
0.77
0.18
0.87
-0.13
-0.45
0.59
0.21
1.54
-0.32
0.22
0.36
0.76
0.05
-0.15
0.88
1.06
0.44
(D)
3.91
1.05
0.12
0.60
1.53
1.01
1.17
1.81
0.78
0.59
1.89
0.41
0.43
-0.76
-0.04
-0.38
-0.73
-0.42
-2.33
-0.30
-0.25
-0.29
-0.44
-0.05
-0.20
-0.61
-0.43
-0.96
-1.28
0.17
-0.22
-0.87
-0.77
-1.17
-0.68
-0.36
-0.69
-0.75
-0.45
-0.21
-0.24
(D)
-0.18
(D)
-1.10
-0.41
-0.05
(D)
(D)
0.02
-0.30
(D)
-0.30
-0.09
0.23
0.19
0.02
(D)
0.29
0.12
-0.04
0.29
0.13
-0.10
0.19
(D)
0.42
0.24
0.02
0.11
0.12
0.14
0.14
0.56
-0.11
0.08
0.10
0.02
0.15
-0.21
0.52
0.10
0.14
(D)
0.23
0.05
-0.39
0.79
0.62
0.13
(D)
-0.21
0.09
(D)
0.01
0.37
-0.05
-0.35
-0.20
-0.27
-0.49
-0.27
-0.36
-0.27
-0.53
-0.30
-0.34
-0.23
-0.20
-0.51
-1.70
-0.37
-0.26
-0.36
-0.42
-0.37
-0.41
-0.40
-0.30
-0.29
-0.34
-0.59
-0.22
-0.03
-0.64
(D)
-0.18
-0.32
-0.40
-0.47
-0.26
-0.22
-0.32
-0.23
-0.25
-0.86
-0.30
-0.27
-0.13
-0.23
-0.21
-0.17
-0.28
(D)
(D)
-0.19
-0.20
(D)
-0.17
-0.18
-0.12
-0.14
-0.20
-0.14
-0.12
-0.20
-0.19
-0.25
-0.24
-0.24
-0.20
-0.23
-0.14
-0.20
-0.12
-0.19
-0.09
-0.15
-0.12
(D)
-0.17
-0.20
-0.23
-0.20
-0.29
-0.44
-0.13
-0.14
-0.24
-0.25
-0.16
-0.75
-0.21
0.57
0.97
-0.07
0.19
0.47
0.21
0.19
0.29
1.49
1.25
0.64
0.18
-0.06
-0.01
-0.61
-0.03
-0.44
0.23
-0.27
0.63
0.21
0.47
0.17
-0.04
0.08
0.47
0.18
0.28
0.08
0.30
0.34
-0.02
0.10
0.52
0.11
0.07
0.03
-0.46
0.88
0.19
Tallahassee, FL..........................................................
Tampa-St. Petersburg-Clearwater, F L ....................
Terre Haute, IN .............
Texarkana, TX-Texarkana, A R .................................
Toledo, O H .....................
Topeka, K S ....................
Trenton-Ewing, N J .......
Tucson, AZ.....................
Tulsa, O K .......................
Tuscaloosa, A L .............
Tyler, TX ......................................................................
-2.6
-2.9
-4.7
-1.7
-5.8
-0.4
-3.6
-3.9
7.6
-3.0
-1.3
0.01
0.01
0.35
(D)
(D)
0.21
-0.02
0.22
(D)
0.34
0.90
-0.81
-0.97
-0.46
-0.25
-0.38
(D)
-0.14
-1.23
-0.33
-0.61
-0.54
(D)
-0.48
(D)
(D)
-3.90
(D)
-0.24
0.02
(D)
(D)
-2.10
(D)
-0.21
(D)
(D)
0.25
(D)
-0.29
-0.17
(D)
(D)
-1.29
(D)
-0.09
(D)
(D)
(D)
(D)
-0.08
-0.52
-0.14
(D)
-0.06
-0.64
-0.43
(D)
(D)
-1.04
-0.28
-0.08
-0.36
(D)
(D)
0.10
(D)
-0.24
-0.03
-0.01
-0.17
(D)
0.06
-0.16
(D)
(D)
0.05
0.40
0.59
0.48
1.04
0.61
1.35
-1.43
0.40
-0.38
0.91
0.92
-0.67
-0.56
-0.03
-0.03
-0.63
0.19
-0.68
-1.09
(D)
-0.77
-0.13
0.08
0.05
-0.02
-0.20
0.03
0.23
-0.18
0.03
(D)
-0.01
0.91
-0.29
-0.55
-0.11
-0.09
-0.30
-0.07
-0.24
-0.46
-0.17
-0.17
-0.17
(D)
-0.26
-0.18
-0.18
-0.22
(D)
-0.15
-0.27
-0.18
-0.12
-0.18
0.19
0.24
-0.09
0.68
0.09
-0.04
-0.10
-0.29
0.08
0.40
0.28
-0.25
-0.15
-0.41
(D)
(D)
-0.08
0.60
-0.24
0.33
-0.18
-0.15
0.14
(D)
0.09
(D)
(D)
(D)
0.06
-1.32
0.01
-0.52
(D)
-0.35
-1.46
(D)
0.04
(D)
-0.06
(D)
-0.03
0.33
0.31
(D)
0.13
0.64
0.22
(D)
-0.24
-0.43
-0.01
0.01
-0.23
(D)
0.20
0.33
-0.03
-0.03
-0.03
-0.01
-0.29
-0.13
-0.42
-0.29
-0.14
(D)
-0.23
-0.09
-0.17
(D)
-0.21
1.22
-0.01
0.04
0.04
0.13
-0.13
0.19
0.25
(D)
0.46
-0.34
0.61
-1.42
-0.33
-0.25
-0.09
-1.73
-0.17
-0.07
0.14
(D)
-0.02
-0.26
-0.01
1.07
0.25
(D)
1.62
0.31
0.43
0.59
0.70
0.30
-0.31
0.13
-0.16
0.05
0.04
0.07
-0.13
-0.04
0.28
-0.12
-0.08
-0.22
-0.14
-0.19
-0.49
-0.10
-0.12
-0.17
-0.12
-0.17
-0.13
0.56
2.05
0.92
0.27
0.23
0.10
Utica-Rome, NY.........................................................
-0.3
0.05
Valdosta, GA..............................................................
Vallejo-Fairfield, C A ..................................................
Victoria, T X .................................................................
Vineland-Millville-Bridgeton, NJ...............................
Virginia Beach-Norfolk-Newport News, VA-NC......
Visalia-Porterville, CA...............................................
-2.6
11.1
-7.6
-3.1
-0.8
-9.5
-0.01
0.60
-3.07
0.23
0.11
-5.89
(D)
-0.81
-0.57
-0.28
-0.49
-1.06
(D)
-0.37
(D)
-1.24
(D)
-0.21
-1.24
11.76
(D)
-0.01
(D)
-0.36
Waco, T X ....................................................................
Warner Robins, G A ...................................................
Washington-Arlington-Alexandria, DC-VA-MD-WV
Waterloo-Cedar Falls, IA...........................................
Wausau, W l................................................................
Wenatchee-East Wenatchee, WA............................
0.3
1.9
0.4
-1.6
-8.4
2.1
0.47
0.01
-0.03
-0.31
-1.49
2.77
-0.28
-0.54
(D)
-0.08
-0.44
-1.22
0.01
-0.23
(D)
-2.12
-3.76
(D)
-0.65
-0.21
(D)
-0.58
-0.66
(D)
March 2011
43
S u r v e y o f C u r r e n t B u sin e s s
Table 2. Contributions to Percent Change in Real Gross Domestic Product by Metropolitan Area, 2009*—Table Ends
Percentage points
Percent
change in
Professional
real GDP by
Natural
Transpor
Education
DurableNondurableLeisure
Other
Financial
and
metropolitan resources Construction
and health
Government
goods
goods
Trade tation and Information
and
services
activities
business
area
and mining
manufacturing manufacturing
utilities
services hospitality
services
Wheeling, W V-O H.....................................................
Wichita, KS .................................................................
Wichita Falls, TX.
Williamsport, PA .
Wilmington, N C ..
Winchester, VA-WV
Winston-Salem, NC
Worcester, M A ....
0.3
-3.8
1.3
-2.0
-3.9
-3.7
-5.7
-3.6
Yakima, W A ................................................................
York-Hanover, PA.......................................................
Youngstown-Warren-Boardman, OH-PA.................
Yuba City C A..............................................................
Yuma, A Z ....................................................................
3.1
-4.2
-5.9
1.5
-6.4
(D)
0.69
(D)
-0.34
-0.05
-0.03
(D)
-0.34
-0.50
-0.33
-1.01
(D)
0.11
(D)
-0.63
-0.52
4.18
0.13
0.17
4.31
-4.65
-0.52
-0.62
-0.39
-0.75
-1.27
(D)
(D
(D)
-0.45
(D)
(D)
-0.72
-1.09
(D)
-1.93
-4.09
(D)
-0.24
* Advance statistics
(D) Not shown to avoid disclosure of confidential information, but the estimates for this item are included in the totals.
(D)
0.11
-0.76
-0.50
1.26
0.66
0.57
0.69
0.01
1.03
1.24
0.90
(D) 0.90
-0.87 -0.02
-0.42 -0.10
-0.55
-1.30
-0.99
-0.03
-0.02
-0.14
0.01
-0.19
0.47
0.37
0.71
0.96
0.86
(O)
(D)
0.45
(D) 0.03
-1.31 0.09
(D) -0.05
(D
(D)
-4.03
-0.69
(D)
(D)
(D)
(D)
-0.63 -0.52
-0.70
-0.32
-0.84
-0.70
-0.58
(D)
(D)
-0.70
-0.01
-0.11
(D)
0.00
0.32
(D)
(D)
(D)
(D)
-1.16
-0.26
0.67
-0.62
-0.20
-0.48
-0.70
0.06
0.20
-0.35
0.14
-0.15
-0.11
0.31
-0.14
-0.31
-0.14
-0.29
-0.20
0.30
0.16
-0.09
0.24
0.14
-0.24
-0.29
-0.13
-0.45
-0.27
-0.23
-0.29
-0.11
-0.15
-0.41
-0.11
-0.16
-0.28
-0.16
-0.27
0.21
0.28
1.36
0.41
-0.16
0.62
0.08
-0.24
-0.26
-0.24
-0.31
-0.15
-0.18
-0.16
-0.16
-0.24
-0.23
-0.15
0.13
0.57
0.10
0.17
1.34
(D)
44
Gross Domestic Product by Metropolitan Area
March 2011
Table 3. Per Capita Real Gross Domestic Product by Metropolitan Area, 2009*—Continues
Real GDP
[millions of chained
(2005) dollars]
Population
Per capita real GDP
U.S. m etropolitan p o rtio n ....................................................................................................
11,504,593
257,355,190
44,703
Abilene, T X ..............................................................................................................................
Akron, O H ................................................................................................................................
4,741
24,249
4,396
35,244
33,229
4,453
25,586
3,763
8,889
3,413
24,631
2,831
3,902
15,922
3,381
8,462
11,398
5,500
241,590
11,629
3,169
16,123
75,136
160,070
699,935
165,440
857,592
857,903
154,101
816,012
126,122
246,474
87,214
374,553
131,417
184,901
347,563
114,081
221,894
412,672
192,222
5,475,213
271,712
135,883
539,154
1,705,075
29,617
34,644
26,570
41,097
38,733
28,895
31,356
29,840
36,063
39,130
65,761
21,543
21,102
45,810
29,639
38,133
27,621
28,612
44,124
42,797
23,321
29,904
44,066
27,425
124,636
4,922
7,388
34,938
4,244
2,518
14,331
7,305
5,467
6,665
7,537
48,569
4,161
4,528
5,517
8,074
23,568
272,452
16,481
3,964
7,813
70,880
6,748
2,832
38,740
3,705
9,685
807,407
2,690,886
149,419
221,151
786,947
135,616
107,434
378,477
200,434
158,629
154,553
244,694
1,131,070
106,286
159,587
185,598
167,699
606,376
4,588,680
303,482
120,595
240,862
901,208
396,371
103,841
1,123,804
150,358
208,055
33,967
46,318
32,944
33,405
44,397
31,294
23,441
37,865
36,446
34,462
43,128
30,803
42,941
39.153
28,374
29,725
48,144
38,868
59,375
54,307
32,869
32,439
78,650
17,024
27,273
34,472
24,641
46,550
11,373
17,879
2,960
2,529
6,817
12,391
7,952
12,982
23,829
101,291
8,166
18,305
4,511
459,612
5,621
88,677
8,753
2,982
92,868
3,765
5,757
23,061
5,829
27,807
10,443
3,503
82,818
14,474
4,458
8,394
2,277
408,005
586,908
93,712
55,176
74,508
256,324
226,132
304,214
659,191
1,745,524
196,766
524,303
88,854
9,580,567
220,577
2,171,896
268,546
113,358
2,091,286
139,390
212,268
626,227
166,234
744,730
292,795
76,063
1,801,848
416,095
82,605
178,473
99,736
27,875
30,463
31,585
45,830
91,497
48,342
35,167
42,675
36,149
58,029
41,504
34,912
50,769
47,973
25,485
40,829
32,595
26,305
44,407
27,007
27,122
36,826
35,063
37,339
35,666
46,050
45,963
34,785
53,967
47,031
22,835
335,918
4,739
2,150
2,463
14,855
29,836
4,226
4,584
10,679
142,813
34,712
6,447,615
134,319
80,067
105,814
379,066
835,063
151,399
108,204
495,890
2,552,195
562,906
52,100
35,283
26,854
23,276
39,188
35,729
27,911
42,363
21,535
55,957
61,666
Albany-Scbenectady-Troy, NY...............................................................................................
Albuquerque, N M ....................................................................................................................
Alexandria, L A .........................................................................................................................
Allentown-Bethlehem-Easton, PA-NJ...................................................................................
Amarillo, T X .............................................................................................................................
Ames, IA ...................................................................................................................................
Anchorage, AK.........................................................................................................................
Anderson, IN ............................................................................................................................
Anderson, S C ..........................................................................................................................
Ann Arbor, M l...........................................................................................................................
Anniston-Oxford, AL................................................................................................................
Appleton, W l............................................................................................................................
Asheville, N C ...........................................................................................................................
Athens-Clarke County, G A.....................................................................................................
Atlanta-Sandy Springs-Marietta, G A ...................................................................................
Atlantic City-Hammonton, NJ.................................................................................................
Auburn-Opelika, AL.................................................................................................................
Augusta-Richmond County, GA-SC.....................................................................................
Austin-Round Rock-San Marcos, T X ....................................................................................
Bakersfield-Delano, CA..........................................................................................................
Baltimore-Towson, MD............................................................................................................
Bangor, M E ..............................................................................................................................
Barnstable Town, M A ..............................................................................................................
Baton Rouge, L A ....................................................................................................................
Battle Creek, M l......................................................................................................................
Beaumont-Port Arthur, T X .....................................................................................................
Bellingham, W A ......................................................................................................................
Bend, O R ..................................................................................................................................
Billings, M T ..............................................................................................................................
Binghamton, NY......................................................................................................................
Birmingham-Hoover, A L.........................................................................................................
Bismarck, ND...........................................................................................................................
Blacksburg-Christiansburg-Radford, V A ..............................................................................
Bloomington, IN .......................................................................................................................
Bloomington-Normal, IL .........................................................................................................
Boise City-Nampa, ID .............................................................................................................
Boston-Cambridge-Quincy, MA-NH......................................................................................
Boulder, C O .............................................................................................................................
Bowling Green, K Y .................................................................................................................
Bremerton-Silverdale, W A .....................................................................................................
Bridgeport-Stamford-Norwalk, C T ........................................................................................
Brownsville-Harlingen, T X .....................................................................................................
Brunswick, G A .........................................................................................................................
Buffalo-Niagara Falls, NY.......................................................................................................
Burlington, N C .........................................................................................................................
Burlington-South Burlington, V T ...........................................................................................
Canton-Massillon, OH.............................................................................................................
Cape Coral-Fort Myers, F L ....................................................................................................
Cape Girardeau-Jackson, MO-IL..........................................................................................
Carson City, N V .......................................................................................................................
Cedar Rapids, IA ....................................................................................................................
Champaign-Urbana, IL ...........................................................................................................
Charleston, WV........................................................................................................................
Charleston-North Charleston-Summerville, SC..................................................................
Charlotte-Gastonia-Rock Hill, NC-SC..................................................................................
Charlottesville, VA...................................................................................................................
Chattanooga, TN-GA..............................................................................................................
Cheyenne, W Y.........................................................................................................................
Chicago-Joliet-Naperville, IL-IN-W I......................................................................................
Chico, C A..................................................................................................................................
Cincinnati-Middletown, OH-KY-IN.........................................................................................
Clarksville, TN-KY...................................................................................................................
Cleveland, T N ..........................................................................................................................
Cleveland-Elyria-Mentor, O H .................................................................................................
Coeur d’Alene, ID ...................................................................................................................
College Station-Bryan, T X .....................................................................................................
Colorado Springs, CO.............................................................................................................
Columbia, M O..........................................................................................................................
Columbia, SC...........................................................................................................................
Columbus, GA-AL...................................................................................................................
Columbus, IN ...........................................................................................................................
Columbus, O H .........................................................................................................................
Corpus Christi, T X ..................................................................................................................
Corvallis, OR............................................................................................................................
Crestview-Fort Walton Beach-Destin, FL.............................................................................
Cumberland, MD-WV..............................................................................................................
Dallas-Fort Worth-Arlington, T X ...........................................................................................
Davenport-Moline-Rock Island, IA-IL...................................................................................
Dayton, O H ..............................................................................................................................
Decatur, IL ...............................................................................................................................
Deltona-Daytona Beach-Ormond Beach, F L......................................................................
Denver-Aurora-Broomtield, CO.............................................................................................
Des Moines-West Des Moines, IA ........................................................................................
March 2011
45
S u r v e y o f C u r r e n t B u sin e s s
Table 3. Per Capita Real Gross Domestic Product by Metropolitan Area, 2009*—Continues
Real GDP
[millions of chained
(2005) dollars]
Population
Per capita real GDP
Detroit-Warren-Livonia, M l.....................................................................................................
Dothan, A L ...............................................................................................................................
Dover, DE.
Dubuque, IA
Duluth, MN-W I.........................................................................................................................
Durham-Chapel Hill, N C ........................................................................................................
169,518
4,046
5,063
3,681
8,233
32,328
4,403,437
142,693
157,741
93,072
276,368
501,228
38,497
28,355
32,097
39,552
29,789
64,499
Eau Claire, W l..........................................................................................................................
El Centro, CA
Elizabethtown, KY
Elkhart-Goshen, IN
Elmira, NY
El Paso, TX
Erie, PA....
Eugene-Springfield, O R.........................................................................................................
Evansville, IN-KY....................................................................................................................
5,585
3,884
4,087
7,634
2,412
23,610
8,245
10,391
14,068
160,018
166,874
113,433
200,502
88,331
751,296
280,291
351,109
351,911
34,899
23,275
36,030
38,073
27,305
31,426
29,415
29,595
39,977
Fairbanks, A K ..........................................................................................................................
Fargo, ND-MN
Farmington, NM
Fayetteville, NC
Fayetteville-Springdale-Rogers, AR-M O..............................................................................
Flagstaff, AZ.............................................................................................................................
Flint, M l....................................................................................................................................
Florence, S C ....................
Florence-Muscle Shoals, A L..................................................................................................
Fond du Lac, W l..............
Fort Collins-Loveland, CO
Fort Smith, AR-OK ........
Fort Wayne, IN ................
4,727
9,761
4,838
14,685
16,021
4,277
10,025
6,155
3,565
3,120
10,244
8,763
15,584
26,179
98,660
200,102
124,131
360,355
464,623
129,849
424,043
200,653
144,238
100,070
298,382
293,063
414,315
915,267
47,909
48,782
38,978
40,752
34,482
32,937
23,642
30,674
24,719
31,181
34,332
29,900
37,613
28,603
Gadsden, A L............................................................................................................................
Gainesville, FL ...................................................................................................................
Gainesville, GA...
Glens Falls, N Y ...
Goldsboro, NC
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, NC..................
Greenville-Mauldin-Easley, S C .............................................................................................
Gulfport-Biloxi, MS..................................................................................................................
2,265
8,919
5,519
3,396
3,309
3,421
4,402
28,662
2,587
6,400
12,946
28,654
5,323
22,184
8,953
103,645
260,690
187,743
128,774
113,811
97,190
146,093
778,009
82,178
254,759
304,783
714,765
179,715
639,617
238,772
21,849
34,213
29,397
26,369
29,072
35,199
30,134
36,840
31,480
25,121
42,476
40,088
29,621
34,684
37,497
Hagerstown-Martinsburg, MD-WV........................................................................................
Hanford-Corcoran, C A ...........................................................................................................
Harrisburg-Carlisle, PA.............................
Harrisonburg, VA.......................................
Hartford-West Hartford-East Hartford, CT
Hattiesburg, M S ........................................
Hickory-Lenoir-Morganton, N C .............................................................................................
Hinesville-Fort Stewart, G A ..................................................................................................
Holland-Grand Haven, Ml
Honolulu, H I.....................
Hot Springs, A R ..............
Houma-Bayou Cane-Thibodaux, LA
Houston-Sugar Land-Baytown, TX
Huntington-Ashland, WV-KY-OH
Huntsville, A L ...................
6,991
3,654
25,300
5,030
72,207
4,153
9,358
2,871
7,555
44,733
2,298
8,945
344,741
9,416
18,470
266,149
148,764
536,919
120,271
1,195,998
143,093
365,364
74,420
261,957
907,574
98,479
202,973
5,867,489
285,624
406,316
26,266
24,560
47,121
41,819
60,374
29,020
25,613
38,583
28,842
49,289
23,340
44,070
58,754
32,967
45,458
Idaho Falls, ID..........................................................................................................................
Indianapolis-Carmel, IN .........................................................................................................
Iowa City, IA .............................................................................................................................
Ithaca, N Y ................................................................................................................................
3,482
88,005
6,644
3,317
126,131
1,743,658
152,263
101,779
27,607
50,471
43,634
32,591
Jackson, M l..............................................................................................................................
Jackson, M S ............................................................................................................................
Jackson, T N ........
Jacksonville, FL...
Jacksonville, NC..
Janesville, W l......
Jefferson City, MO
Johnson City, TN.
Johnstown, PA....
Jonesboro, A R .........................................................................................................................
4,090
21,670
3,863
52,650
7,153
4,364
5,092
5,246
3,576
3,535
4,849
159,828
540,866
113,629
1,328,144
173,064
160,155
147,438
197,381
143,998
120,139
174,300
25,589
40,066
33,997
39,642
41,329
27,246
34,534
26,578
24,837
29,424
27,818
Kalamazoo-Portage, M l.........................................................................................................
Kankakee-Bradley, IL
Kansas City, MO-KS
Kennewick-Pasco-Richland, WA
Killeen-Temple-Fort Hood, TX
Kingsport-Bristol-Bristol, TN-VA...........................................................................................
Kingston, NY
Knoxville, T N ............................................................................................................................
Kokomo, IN
10,393
2,726
94,163
8,936
13,467
8,041
4,134
26,122
3,220
326,634
113,215
2,067,585
245,649
379,231
305,629
181,440
699,247
98,787
31,817
24,074
45,542
36,378
35,512
26,310
22,787
37,357
32,597
La Crosse, W I-M N ..................................................................................................................
Lafayette, IN.............................................................................................................................
Lafayette, LA ............................................................................................................................
Lake Charles, L A ....................................................................................................................
Lake Havasu City-Kingman, A Z............................................................................................
Lakeland-Winter Haven, F L ...................................................................................................
4,842
6,830
14,490
11,240
3,268
14,617
132,923
196,329
263,171
194,138
194,825
583,403
36,424
34,790
55,059
57,898
16,772
25,055
Gross Domestic Product by Metropolitan Area
March 2011
Table 3. Per Capita Real Gross Domestic Product by Metropolitan Area, 2009*—Continues
Real GDP
[millions of chained
(2005) dollars]
Population
Per capita real GDP
Lancaster, PA...........................................................................................................................
Lansing-East Lansing, M l......................................................................................................
Laredo, T X ...............................................................................................................................
Las Cruces, N M ......................................................................................................................
Las Vegas-Paradise, N V ........................................................................................................
Lawrence, KS...........................................................................................................................
Lawton, O K ..............................................................................................................................
Lebanon, PA.............................................................................................................................
Lewiston, ID-W A.....................................................................................................................
Lewiston-Auburn, ME..............................................................................................................
Lexington-Fayette, KY.............................................................................................................
Lima, OH...................................................................................................................................
Lincoln, N E ..............................................................................................................................
Little Rock-North Little Rock-Conway, AR............................................................................
Logan, UT-ID............................................................................................................................
Longview, T X ...........................................................................................................................
Longview, W A ..........................................................................................................................
Los Angeles-Long Beach-Santa Ana, CA............................................................................
Louisville-Jefferson County, KY-IN........................................................................................
Lubbock, TX.............................................................................................................................
Lynchburg, VA..........................................................................................................................
16,684
16,260
5,179
4,877
82,255
3,258
3,980
3,142
1,688
3,413
20,294
3,670
12,292
29,967
2,995
7,705
2,520
671,520
50,541
9,000
7,351
507,766
453,603
241,438
206,419
1,902,834
116,383
113,228
130,506
60,643
106,539
470,849
104,357
298,012
685,488
127,945
206,874
101,966
12,874,797
1,258,577
276,659
247,447
32,858
35,845
21,451
23,627
43,228
27,993
35,152
24,078
27,840
32,033
43,102
35,171
41,245
43,716
23,409
37,244
24,714
52,158
40,158
32,532
29,706
Macon, G A...............................................................................................................................
Madera-Chowchilla, C A .........................................................................................................
Madison, W l.............................................................................................................................
Manchester-Nashua, N H .......................................................................................................
Manhattan, K S .........................................................................................................................
Mankato-North Mankato, MN.................................................................................................
Mansfield, O H ..........................................................................................................................
McAllen-Edinburg-Mission, TX..............................................................................................
Medford, O R ............................................................................................................................
Memphis, TN-MS-AR..............................................................................................................
Merced, CA..............................................................................................................................
Miami-Fort Lauderdale-Pompano Beach, FL......................................................................
Michigan City-La Porte, IN.....................................................................................................
Midland, TX..............................................................................................................................
Milwaukee-Waukesha-West Allis, W l...................................................................................
Minneapolis-St. Paul-Bloomington, MN-WI.........................................................................
Missoula, M T ...........................................................................................................................
Mobile, A L................................................................................................................................
Modesto, C A ............................................................................................................................
Monroe, L A ..............................................................................................................................
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..................................................................
6,723
3,108
31,700
19,478
4,997
3,328
3,398
11,724
5,530
56,392
5,262
230,213
3,003
9,230
75,263
173,215
4,088
13,983
13,140
5,682
3,114
13,286
4,719
2,867
4,765
2,965
3,976
8,446
231,576
148,632
570,025
405,906
123,086
93,234
124,490
741,152
201,286
1,304,926
245,321
5,547,051
111,063
132,316
1,559,667
3,269,814
108,623
411,721
510,385
174,086
152,721
366,401
120,327
137,612
119,534
115,192
173,951
263,868
29,032
20,908
55,612
47,988
40,597
35,693
27,293
15,818
27,471
43,215
21,451
41,502
27,037
69,760
48,256
52,974
37,634
33,962
25,744
32,641
20,387
36,261
39,221
20,836
39,860
25,739
22,855
32,010
Napa, C A ..................................................................................................................................
Naples-Marco Island, FL........................................................................................................
Nashville-Davidson-Murfreesboro-Franklin, T N ..................................................................
New Haven-Milford, C T...........................................................................................................
New Orleans-Metairie-Kenner, L A ........................................................................................
New York-Northern New Jersey-Long Island, NY-NJ-PA....................................................
Niles-Benton Harbor, M l........................................................................................................
North Port-Bradenton-Sarasota, FL......................................................................................
Norwich-New London, CT......................................................................................................
6,257
11,346
69,298
34,924
64,063
1,093,418
4,705
20,771
12,584
134,650
318,537
1,582,264
848,006
1,189,981
19,069,796
160,472
688,126
266,830
46,471
35,618
43,797
41,183
53,835
57,338
29,322
30,184
47,161
Ocala, F L ..................................................................................................................................
Ocean City, N J.........................................................................................................................
Odessa, T X ..............
Ogden-Clearfield, UT
Oklahoma City, O K ..
Olympia, W A............
Omaha-Council Bluffs, NE -IA ...............................................................................................
Orlando-Kissimmee-Sanford, F L ..........................................................................................
Oshkosh-Neenah, W l.............................................................................................................
Owensboro, KY........................................................................................................................
Oxnard-Thousand Oaks-Ventura, C A ..................................................................................
6,540
3,491
4,709
15,020
59,532
7,824
41,207
91,400
6,640
3,789
31,937
328,547
96,091
134,625
541,569
1,227,278
250,979
849,517
2,082,421
163,370
113,636
802,983
19,906
36,329
34,978
27,735
48,507
31,173
48,506
43,891
40,645
33,343
39,772
Palm Bay-Melbourne-Titusville, F L .......................................................................................
Palm Coast, F L ........................................................................................................................
Panama City-Lynn Haven-Panama City Beach, F L ...........................................................
Parkersburg-Marietta-Vienna, WV-OH.................................................................................
Pascagoula, MS.......................................................................................................................
Pensacola-Ferry Pass-Brent, FL...........................................................................................
Peoria, IL...................................................................................................................................
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.............................................................
Phoenix-Mesa-Glendale, AZ
Pine Bluff, AR...........
Pittsburgh, PA..........
Pittsfield, M A ............
Pocatello, ID.............
Portland-South Portland-Biddeford, ME...............................................................................
Portland-Vancouver-Hillsboro, OR-W A................................................................................
Port St. Lucie, F L ....................................................................................................................
Poughkeepsie-Newburgh-Middletown, NY...........................................................................
Prescott, A Z ......................................
Providence-New Bedford-Fall River, RI-M A........................................................................
Provo-Orem, UT................................
Pueblo, C O .......................................
Punta Gorda, F L .....................................................................................................................
17,359
1,179
5,814
4,939
7,376
12,331
15,165
303,719
174,617
2,734
100,518
4,550
2,438
22,769
114,028
9,825
19,729
4,017
58,011
13,064
3,681
2,890
536,357
91,622
164,767
160,905
155,603
455,102
375,865
5,968,252
4,364,094
100,694
2,354,957
129,288
90,273
516,826
2,241,841
406,296
677,094
215,686
1,600,642
555,551
157,224
156,952
32,365
12,868
35,287
30,698
47,406
27,094
40,348
50,889
40,012
27,151
42,683
35,192
27,012
44,055
50,863
24,181
29,137
18,625
36,242
23,516
23,413
18,416
Racine, W l...............................................................................................................................
Raleigh-Cary, NC....................................................................................................................
Rapid City, SD..........................................................................................................................
Reading, PA.............................................................................................................................
5,609
47,626
4,586
13,035
200,601
1,125,827
124,766
407,125
27,960
42,303
36,757
32,018
March 2011
47
S u r v e y o f C u r r e n t B u s in e s s
Table 3. Per Capita Real Gross Domestic Product by Metropolitan Area, 2009*—Table Ends
Real GDP
[millions of chained
(2005) dollars]
Population
Per capita real GDP
Redding, C A ............................................................................................................................
Reno-Sparks, NV....................................................................................................................
Richmond, VA..........................................................................................................................
Riverside-San Bernardino-Ontario, CA................................................................................
Roanoke, VA
Rochester, MN
Rochester, NY
Rockford, IL
Rocky Mount, NC....................................................................................................................
Rome, G A ................................................................................................................................
4,621
17,544
55,275
98,942
11,594
8,225
38,825
10,367
4,733
2,747
181,099
419,261
1,238,187
4,143,113
300,399
185,618
1,035,566
353,722
146,596
96,250
25,516
41,845
44,642
23,881
38,596
44,309
37,491
29,307
32,288
28,541
Sacramento-Arden-Arcade-Roseville, C A ...........................................................................
Saginaw-Saginaw Township North, M l................................................................................
St. Cloud, M N ..........................................................................................................................
St. George, UT....
St. Joseph, MO-KS
St. Louis, MO-IL...
Salem, O R ...............................................................................................................................
Salinas, CA
Salisbury, MD...........................................................................................................................
Salt Lake City, UT
San Angelo, TX
San Antonio-New Braunfels, T X ...........................................................................................
San Diego-Carlsbad-San Marcos, C A .................................................................................
Sandusky, OH
San Francisco-Oakland-Fremont, C A ..................................................................................
San Jose-Sunnyvale-Santa Clara, C A .................................................................................
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, C A .......................
Savannah, GA..........................................................................................................................
Scranton-Wilkes-Barre, PA.....................................................................................................
Seattle-Tacoma-Bellevue, WA...............................................................................................
Sebastian-Vero Beach, FL.....................................................................................................
Sheboygan, W l.......................................................................................................................
Sherman-Denison, T X ...........................................................................................................
Shreveport-Bossier City, LA ...................................................................................................
Sioux City, IA-NE-SD..............................................................................................................
Sioux Falls, S D ........................................................................................................................
South Bend-Mishawaka, IN-M I.............................................................................................
Spartanburg, S C .....................................................................................................................
Spokane, W A ...........................................................................................................................
Springfield, IL...........................................................................................................................
Springfield, M A .......................................................................................................................
Springfield, M O .......................................................................................................................
Springfield, O H .......................................................................................................................
State College, PA....................................................................................................................
Steubenville-Weirton, O H-W V..............................................................................................
Stockton, C A ............................................................................................................................
Sumter, S C ..............................................................................................................................
Syracuse, N Y ...........................................................................................................................
85,449
5,732
6,826
3,054
3,791
112,117
11,194
16,016
3,723
59,603
3,248
70,466
155,850
2,554
312,003
146,448
9,577
17,732
9,122
6,016
17,782
11,456
17,092
208,839
3,764
4,239
3,049
19,027
5,649
14,988
10,533
8,906
15,954
8,376
19,981
12,784
3,259
5,083
3,232
17,650
2,636
23,629
2,127,355
200,050
189,148
137,473
126,644
2,828,990
396,103
410,370
120,181
1,130,293
110,119
2,072,128
3,053,793
76,963
4,317,853
1,839,700
266,971
407,057
256,218
147,532
472,102
343,092
549,454
3,407,848
135,167
114,560
120,030
391,516
144,360
238,122
317,538
286,822
468,684
208,182
698,903
430,900
139,671
146,212
120,929
674,860
104,495
646,084
40,167
28,652
36,087
22,212
29,932
39,631
28,261
39,028
30,975
52,733
29,496
34,007
51,035
33,184
72,259
79,604
35,873
43,562
35,601
40,777
37,667
33,389
31,107
61,282
27,844
37,001
25,401
48,599
39,132
62,943
33,169
31,051
34,040
40,234
28,590
29,669
23,336
34,765
26,725
26,154
25,230
36,572
Tallahassee, FL.......................................................................................................................
Tampa-St. Petersburg-Clearwater, FL..................................................................................
Terre Haute, IN........................................................................................................................
Texarkana, TX-Texarkana, A R ..............................................................................................
Toledo, O H ...............................................................................................................................
Topeka, KS...............................................................................................................................
Trenton-Ewing, NJ...................................................................................................................
Tucson, A Z ...............................................................................................................................
Tulsa, O K .................................................................................................................................
Tuscaloosa, AL........................................................................................................................
Tyler, T X ...................................................................................................................................
11,715
101,434
4,866
3,839
22,939
8,151
22,704
29,174
44,760
7,498
7,335
360,013
2,747,272
169,825
137,486
672,220
230,824
366,222
1,020,200
929,015
210,839
204,665
32,540
36,922
28,652
27,925
34,125
35,312
61,996
28,597
48,180
35,564
35,840
Utica-Rome, NY......................................................................................................................
7,909
293,280
26,966
Valdosta, G A............................................................................................................................
Vallejo-Fairfield, CA.........
Victoria, T X ......................
Vineland-Millville-Bridgeton, NJ
Virginia Beach-Norfolk-Newport News, VA-NC...................................................................
Visalia-Porterville, C A .............................................................................................................
3,723
14,242
4,003
4,342
71,201
9,447
135,804
407,234
115,396
157,745
1,674,498
429,668
27,413
34,972
34,688
27,526
42,521
21,987
Waco, T X .................................................................................................................................
Warner Robins, GA.................................................................................................................
Washington-Arlington-Alexandria, DC-VA-MD-WV............................................................
Waterloo-Cedar Falls, IA ........................................................................................................
Wausau, W l.............................................................................................................................
Wenatchee-East Wenatchee, WA.........................................................................................
Wheeling, WV-OH...................................................................................................................
Wichita, K S ..........
Wichita Falls, TX..
Williamsport, PA...
Wilmington, NC...,
Winchester, VA-WV
Winston-Salem, NC
Worcester, MA
7,338
4,688
368,793
6,854
4,728
3,348
4,453
24,476
5,178
3,187
11,679
4,165
18,649
25,414
233,378
135,715
5,476,241
164,913
131,612
109,937
144,637
612,683
147,421
116,840
354,525
123,989
484,921
803,701
31,441
34,544
67,344
41,559
35,921
30,456
30,789
39,948
35,123
27,273
32,942
33,594
38,457
31,621
Yakima, WA..............................................................................................................................
York-Hanover, PA....................................................................................................................
Youngstown-Warren-Boardman, OH-PA..............................................................................
Yuba City, C A ...........................................................................................................................
Yuma, A Z .................................................................................................................................
6,940
13,038
14,660
4,245
4,247
239,054
428,937
562,963
165,539
196,972
29,031
30,397
26,040
25,641
21,562
* Advance statistics
N ote . Population data are from Census Bureau midyear population statistics.
Gross Domestic Product by Metropolitan Area
48
March 2011
Table 4. Revisions to Current-Dollar Gross Domestic Product by Metropolitan Area, 2007-2008— Continues
2007
Millions of dollars
Revised
Revision
2008
Percent
revision1
Millions of dollars
Revised
Revision
Percent
revision1
U.S. m etropolitan p o rtio n .........................................................................
12,563,481
239,315
1.9
12,815,910
91,640
0.7
Abilene, T X ....................................................................................................
Akron, O H ......................................................................................................
Albany, G A .....................................................................................................
Albany-Schenectady-Troy, NY.....................................................................
Albuquerque, N M ..........................................................................................
Alexandria, L A ..............................................................................................
Allentown-Bethlehem-Easton, PA-NJ.........................................................
Altoona, PA....................................................................................................
Amarillo, T X ...................................................................................................
Ames, IA ........................................................................................................
Anchorage, AK..............................................................................................
Anderson, IN..................................................................................................
Anderson, S C ...............................................................................................
Ann Arbor, M l................................................................................................
Anniston-Oxford, AL.....................................................................................
Appleton, W l..................................................................................................
Asheville, N C ................................................................................................
Athens-Clarke County, G A...........................................................................
Atlanta-Sandy Springs-Marietta, G A .........................................................
Atlantic City-Hammonton, NJ......................................................................
Auburn-Opelika, AL.......................................................................................
Augusta-Richmond County, GA-SC...........................................................
Austin-Round Rock-San Marcos, T X .........................................................
5,224
27,160
4,848
37,209
34,524
4,882
28,417
4,038
9,176
3,550
24,405
3,134
4,529
18,194
3,708
9,556
13,034
6,057
271,590
13,800
3,444
17,673
76,183
-23
-17
294
157
693
40
-398
-47
134
-84
-396
-115
26
26
-43
386
-63
141
4,295
258
41
663
432
-0.4
-0.1
6.5
0.4
2.0
0.8
-1.4
-1.2
1.5
-2.3
-1.6
-3.5
0.6
0.1
-1.2
4.2
-0.5
2.4
1.6
1.9
1.2
3.9
0.6
5,468
27,484
4,910
38,535
35,399
5,018
28,647
4,085
9,887
3,761
27,138
3,075
4,550
17,478
3,839
9,537
13,141
6,319
272,056
13,744
3,541
18,146
79,413
-126
-568
223
-724
540
-78
-1,067
-131
94
-71
822
-150
-92
-413
-79
213
-296
63
2,256
-221
-18
324
-664
-2.3
-2.0
4.8
-1.8
1.6
-1.5
-3.6
-3.1
1.0
-1.9
3.1
-4.6
-2.0
-2.3
-2.0
2.3
-2.2
1.0
0.8
-1.6
-0.5
1.8
-0.8
Bakersfield-Delano, CA................................................................................
Baltimore-Towson, M D.................................................................................
Bangor, M E ....................................................................................................
Barnstable Town, M A....................................................................................
Baton Rouge, L A ..........................................................................................
Battle Creek, M l............................................................................................
Bay City, M l....................................................................................................
Beaumont-Port Arthur, T X ...........................................................................
Bellingham, W A ............................................................................................
Bend, O R .......................................................................................................
Billings, M T ....................................................................................................
Binghamton, NY............................................................................................
Birmingham-Hoover, A L...............................................................................
Bismarck, ND.................................................................................................
Blacksburg-Christiansburg-Radford, V A ....................................................
Bloomington, IN ............................................................................................
Bloomington-Normal, IL ...............................................................................
Boise City-Nampa, ID ..................................................................................
Boston-Cambridge-Quincy, MA-NH...........................................................
Boulder, C O ...................................................................................................
Bowling Green, K Y .......................................................................................
Bremerton-Silverdale, W A ...........................................................................
Bridgeport-Stamford-Norwalk, C T ..............................................................
Brownsville-Harlingen, T X ...........................................................................
Brunswick, G A ..............................................................................................
Buffalo-Niagara Falls, NY.............................................................................
Burlington, N C ..............................................................................................
Burlington-South Burlington, V T .................................................................
29,214
133,756
5,298
8,222
38,189
4,638
2,748
16,642
7,998
6,418
7,363
7,677
53,385
4,258
5,157
5,728
8,406
25,570
290,809
17,624
4,335
8,499
81,754
7,088
3,278
41,785
4,426
9,746
2,381
4,937
148
-79
1,503
-71
25
2,333
827
232
979
370
320
86
189
196
528
1,308
1,394
541
66
202
552
18
109
-508
66
-191
8.9
3.8
2.9
-1.0
4.1
-1.5
0.9
16.3
11.5
3.8
15.3
5.1
0.6
2.1
3.8
3.5
6.7
5.4
0.5
3.2
1.5
2.4
0.7
0.2
3.4
-1.2
1.5
-1.9
31,170
136,994
5,407
8,246
38,870
4,730
2,781
16,008
8,000
6,341
7,146
7,983
55,207
4,447
5,118
6,012
8,282
25,682
298,419
18,114
4,513
8,704
81,096
7,413
3,308
42,588
4,435
10,226
3,406
3,982
120
-338
-291
-165
-47
753
564
106
457
310
933
43
172
228
-4
1,651
-1,171
300
37
78
-294
-144
12
-1,442
-5
-48
12.3
3.0
2.3
-3.9
-0.7
-3.4
-1.7
4.9
7.6
1.7
6.8
4.0
1.7
1.0
3.5
3.9
-0.1
6.9
-0.4
1.7
0.8
0.9
-0.4
-1.9
0.4
-3.3
-0.1
-0.5
Canton-Massillon, OH..................................................................................
Cape Coral-Fort Myers, F L ..........................................................................
Cape Girardeau-Jackson, MO-IL................................................................
Carson City, N V ............................................................................................
Casper, W Y....................................................................................................
Cedar Rapids, IA ..........................................................................................
Champaign-Urbana, IL ................................................................................
Charleston, WV.............................................................................................
Charleston-North Charleston-Summerville, SC........................................
Charlotte-Gastonia-Rock Hill, NC-SC........................................................
Charlottesville, VA.........................................................................................
Chattanooga, TN-GA...................................................................................
Cheyenne, W Y..............................................................................................
Chicago-Joliet-Naperville, IL-IN-W I...........................................................
Chico, CA.......................................................................................................
Cincinnati-Middletown, OH-KY-IN..............................................................
Clarksville, TN-KY.........................................................................................
Cleveland, T N ...............................................................................................
Cleveland-Elyria-Mentor, O H ......................................................................
Coeur d’Alene, ID .........................................................................................
College Station-Bryan, T X ...........................................................................
Colorado Springs, CO..................................................................................
Columbia, MO................................................................................................
Columbia, SC.................................................................................................
Columbus, GA-AL.........................................................................................
Columbus, IN .................................................................................................
Columbus, O H ..............................................................................................
Corpus Christi, T X ........................................................................................
Corvallis, OR..................................................................................................
Crestview-Fort Walton Beach-Destin, FL..................................................
Cumberland, MD-WV....................................................................................
12,832
22,112
3,210
2,947
5,808
13,076
7,966
13,720
26,114
110,508
8,750
20,629
4,583
522,030
6,006
97,443
9,070
3,327
103,715
4,275
5,965
23,959
6,162
30,277
10,987
4,003
89,535
16,590
4,446
9,338
2,360
91
182
184
-82
144
1,250
207
-56
760
-5,992
96
271
569
11,364
171
1,302
21
-145
760
195
-23
1,043
265
1,239
504
129
1,727
1,603
794
67
3
0.7
0.8
6.1
-2.7
2.5
10.6
2.7
-0.4
3.0
-5.1
1.1
1.3
14.2
2.2
2.9
1.4
0.2
-4.2
0.7
4.8
-0.4
4.6
4.5
4.3
4.8
3.3
2.0
10.7
21.8
0.7
0.1
13,139
20,874
3,188
2,918
7,095
12,900
8,524
14,542
26,752
113,491
8,989
20,771
4,837
523,855
6,166
98,878
9,558
3,411
104,943
4,342
6,340
24,617
6,352
30,865
11,301
4,173
89,990
16,750
4,312
9,224
2,460
15
-269
158
-118
642
391
308
-58
435
-4,859
116
-10
539
3,183
99
128
-137
-119
518
144
-124
555
263
785
391
78
161
529
456
-236
-23
0.1
-1.3
5.2
-3.9
9.9
3.1
3.7
-0.4
1.7
-4.1
1.3
0.0
12.5
0.6
1.6
0.1
-1.4
-3.4
0.5
3.4
-1.9
2.3
4.3
2.6
3.6
1.9
0.2
3.3
11.8
-2.5
-0.9
Dallas-Fort Worth-Arlington, T X .................................................................
Dalton, G A .....................................................................................................
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, CO ...................................................................
Des Moines-West Des Moines, IA .............................................................
Detroit-Warren-Livonia, M l...........................................................................
357,185
5,925
2,293
2,841
16,261
33,651
4,794
5,084
12,779
147,748
38,370
204,279
-4,890
93
60
51
159
-86
-309
108
359
3,834
5,118
3,537
-1.4
1.6
2.7
1.8
1.0
-0.3
-6.1
2.2
2.9
2.7
15.4
1.8
369,128
5,509
2,365
2,808
16,692
33,468
4,924
5,358
12,451
154,917
36,538
197,149
-10,736
-98
52
-7
-99
-311
-333
179
56
4,107
2,241
-3,707
-2.8
-1.8
2.3
-0.3
-0.6
-0.9
-6.3
3.5
0.5
2.7
6.5
-1.8
March 2011
49
S u r v e y o f C u r r e n t B u sin e s s
Table 4. Revisions to Current-Dollar Gross Domestic Product by Metropolitan Area, 2007-2008— Continues
2007
2008
Millions of dollars
Revised
Revision
Percent
revision1
Millions of dollars
Revised
Revision
Percent
revision1
Dothan, A L.....................................................................................................
Dover, DE
Dubuque, IA ...................................................................................................
Duluth, M N-W I..............................................................................................
Durham-Chapel Hill, N C ..............................................................................
4,609
5,758
4,099
9,136
33,303
87
-185
-5 9
-375
1,730
1.9
-3.1
-1.4
-3.9
5.5
4,547
5,719
4,135
9,299
33,790
125
-332
-173
-570
1,481
2.8
-5.5
-4.0
-5.8
4.6
Eau Claire, Wl
El Centro, CA
Elizabethtown, KY.........................................................................................
Elkhart-Goshen, IN
Elmira, NY
..........................................................................................
El Paso, TX
Erie, PA...............
Eugene-Springfield, OR
Evansville, IN-KY
5,973
4,275
4,230
10,360
2,602
25,230
9,142
11,726
15,807
187
375
-80
498
-7
643
-4 3
509
557
3.2
9.6
-1.8
5.0
-0.3
2.6
-0.5
4.5
3.7
6,043
4,419
4,326
9,264
2,731
25,595
9,404
11,828
16,189
94
339
-148
128
-6 7
-759
-139
400
496
1.6
8.3
-3.3
1.4
-2.4
-2.9
-1.5
3.5
3.2
Fairbanks, A K ...............................................................................................
Fargo, ND-MN ..........................................................................................
Farmington, N M ..
Fayetteville, NC ...
Fayetteville-Springdale-Rogers, AR-MO....................................................
Flagstaff, AZ
..........................................................................................
Flint, M l...............
Florence, SC
Florence-Muscle Shoals, A L .......................................................................
Fond du Lac, Wl..
Fort Collins-Loveland, CO............................................................................
Fort Smith, AR-OK
Fort Wayne, IN..............................................................................................
Fresno, CA
...........................................................................................
4,789
9,610
5,779
14,721
16,942
4,877
12,068
7,120
3,794
3,638
10,946
9,569
17,524
29,386
167
295
-768
274
83
493
315
375
11
-48
487
-273
759
1,422
3.6
3.2
-11.7
1.9
0.5
11.2
2.7
5.6
0.3
-1.3
4.7
-2.8
4.5
5.1
5,152
10,309
6,166
15,814
17,519
4,889
11,237
7,061
3,914
3,689
11,201
9,956
17,151
30,061
337
215
-1,030
183
14
428
-169
299
-6
-106
165
-100
357
1,204
7.0
2.1
-14.3
1.2
0.1
9.6
-1.5
4.4
-0.1
-2.8
1.5
-1.0
2.1
4.2
Gadsden, AL
Gainesville, FL....
Gainesville, GA...
Glens Falls, NY...
Goldsboro, N C ..............................................................................................
Grand Forks, ND-MN...................................................................................
Grand Junction, CO
Grand Rapids-Wyoming, M l........................................................................
Great Falls, M T .............................................................................................
Greeley, CO
Green Bay, Wl
Greensboro-High Point, N C ........................................................................
Greenville, NC...............................................................................................
Greenville-Mauldin-Easley, S C ...................................................................
Gulfport-Biloxi, MS........................................................................................
2,523
9,823
6,225
3,677
3,691
3,637
4,730
33,159
2,802
7,145
14,414
32,023
5,807
24,826
9,747
12
462
134
107
79
23
181
307
91
272
576
-377
98
1,029
270
0.5
4.9
2.2
3.0
2.2
0.6
4.0
0.9
3.4
4.0
4.2
-1.2
1.7
4.3
2.9
2,572
9,918
6,370
3,767
3,695
3,900
5,285
32,231
2,874
7,505
14,552
32,708
6,003
25,279
10,053
-29
321
-27
27
54
126
58
-893
74
321
143
-467
56
449
158
-1.1
3.3
-0.4
0.7
1.5
3.3
1.1
-2.7
2.6
4.5
1.0
-1.4
0.9
1.8
1.6
Hagerstown-Martinsburg, MD-WV.............................................................
Hanford-Corcoran, C A ...............
Harrisburg-Carlisle, PA...............
Harrisonburg, VA.........................
Hartford-West Hartford-East Hartford, C T ................................................
Hattiesburg, M S ..........................
Hickory-Lenoir-Morganton, NC..
Hinesville-Fort Stewart, G A ........................................................................
Holland-Grand Haven, M l............................................................................
Honolulu, H I....................
Hot Springs, A R .............
Houma-Bayou Cane-Thibodaux, LA ..........................................................
Houston-Sugar Land-Baytown, T X ............................................................
Huntington-Ashland, WV-KY-OH.................................................................
Huntsville, A L..................
7,678
4,286
27,005
5,383
79,145
4,523
11,568
2,875
9,106
47,968
2,542
9,247
372,317
9,455
18,275
57
515
-6 7
161
6,230
190
-223
85
122
1,610
14
-539
-3,134
525
168
0.8
13.7
-0.2
3.1
8.5
4.4
-1.9
3.0
1.4
3.5
0.5
-5.5
-0.8
5.9
0.9
7,811
4,327
27,336
5,476
78,746
4,598
11,249
3,227
8,873
49,729
2,563
10,086
394,694
10,105
19,184
9
302
-573
60
4,198
133
-506
98
-414
1,634
^0
-461
-8,508
696
-90
0.1
7.5
-2.1
1.1
5.6
3.0
-4.3
3.1
-4.5
3.4
-1.5
-4.4
-2.1
7.4
-0.5
Idaho Falls, ID...............................................................................................
Indianapolis-Carmel, IN ...............................................................................
Iowa City, IA
Ithaca, N Y........
3,759
97,256
6,884
3,579
190
4,193
131
45
5.3
4.5
1.9
1.3
3,921
99,109
7,205
3,786
269
2,726
41
20
7.4
2.8
0.6
0.5
Jackson,M l....................................................................................................
Jackson, MS
...........................................................................................
Jackson, TN
Jacksonville, FL..
Jacksonville, NC.
Janesville, Wl
Jefferson City, MO.........................................................................................
Johnson City, TN
Johnstown, PA ...
Jonesboro, AR...
Joplin, MO
4,882
22,706
4,317
60,064
6,374
5,143
5,458
5,526
3,807
3,700
5,267
61
441
-116
457
155
138
63
-189
15
152
-1 4
1.3
2.0
-2.6
0.8
2.5
2.8
1.2
-3.3
0.4
4.3
-0.3
4,816
23,585
4,456
59,286
7,175
4,994
5,654
5,724
3,949
3,941
5,360
-4 4
514
-159
-425
227
82
-2
-184
-1 2
205
-100
-0.9
2.2
-3.4
-0.7
3.3
1.7
0.0
-3.1
-0.3
5.5
-1.8
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
11,699
2,999
101,017
8,790
13,604
9,198
4,585
28,068
4,376
344
32
3,479
618
316
-250
-5
-357
474
3.0
1.1
3.6
7.6
2.4
-2.6
-0.1
-1.3
12.1
11,770
3,069
103,346
9,269
14,582
9,315
4,638
29,031
3,818
-9 9
-2 5
2,345
489
30
-515
-4 0
-582
278
-0.8
-0.8
2.3
5.6
0.2
-5.2
-0.9
-2.0
7.9
La Crosse, W I-M N ........................................................................................
Lafayette, iN ...................................................................................................
Lafayette, LA ...................
Lake Charles, L A ...........
Lake Havasu City-Kingman, A Z ..................................................................
Lakeland-Winter Haven, FL
Lancaster, PA................................................................................................
Lansing-East Lansing, M l............................................................................
Laredo, T X .....................................................................................................
5,084
7,501
15,662
13,212
4,057
16,583
18,555
18,461
5,660
105
435
-1,802
1,310
412
698
-110
594
-78
2.1
6.2
-10.3
11.0
11.3
4.4
-0.6
3.3
-1.4
5,253
7,754
16,775
12,779
3,911
16,777
18,756
18,265
5,906
62
383
-1,704
85
336
591
-637
-93
-246
1.2
5.2
-9.2
0.7
9.4
3.7
-3.3
-0.5
-4.0
Gross Domestic Product by Metropolitan Area
March 2011
Table 4. Revisions to Current-Dollar Gross Domestic Product by Metropolitan Area, 2007-2008— Continues
2007
Millions of dollars
Revised
Revision
2008
Percent
revision1
Millions of dollars
Revised
Revision
Percent
revision1
Las Cruces, N M ............................................................................................
Las Vegas-Paradise, N V ..............................................................................
Lawrence, KS................................................................................................
Lawton, O K ....................................................................................................
Lebanon, PA...................................................................................................
Lewiston, ID-WA
Lewiston-Auburn, ME
Lexington-Fayette, KY
Lima, OH...................
Lincoln, N E ..............
Little Rock-North Little Rock-Conway, AR.................................................
Logan, UT-ID............
Longview, T X ................................................................................................
Longview, W A ...............................................................................................
Los Angeles-Long Beach-Santa Ana, CA.................................................
Louisvilie-Jefferson County, KY-IN..............................................................
Lubbock, TX...................................................................................................
Lynchburg, VA...............................................................................................
4,974
98,387
3,427
4,071
3,393
1,865
3,693
22,208
4,346
13,432
31,324
3,074
8,646
2,984
734,325
55,422
9,064
8,062
229
2,649
156
159
-84
104
168
13
155
407
1,093
155
-216
145
34,553
-116
92
-61
4.8
2.8
4.8
4.1
-2.4
5.9
4.8
0.1
3.7
3.1
3.6
5.3
-2.4
5.1
4.9
-0.2
1.0
-0.8
5,248
97,663
3,530
4,237
3,477
1,917
3,792
22,550
4,099
13,442
31,642
3,275
9,295
2,918
752,354
55,921
9,532
8,285
219
609
118
82
-151
96
156
-186
-66
-166
677
151
-392
17
34,470
-399
107
-104
4.4
0.6
3.4
2.0
-4.2
5.3
4.3
-0.8
-1.6
-1.2
2.2
4.8
-4.0
0.6
4.8
-0.7
1.1
-1.2
Macon, G A.....................................................................................................
Madera-Chowchilla, C A ...............................................................................
Madison, W l.............
Manchester-Nashua, NH
Manhattan, K S .........
Mankato-North Mankato, MN......................................................................
Mansfield, O H ..........
McAllen-Edinburg-Mission, TX....................................................................
Medford, O R ............
Memphis, TN-MS-AR
Merced, CA..............
Miami-Fort Lauderdale-Pompano Beach, FL............................................
Michigan City-La Porte, IN
Midland, TX..............
Milwaukee-Waukesha-West Allis, W l.........................................................
Minneapolis-St. Paul-Bloomington, MN-WI...............................................
Missoula, M T .................................................................................................
Mobile, A L................
Modesto, C A ..................................................................................................
Monroe, L A ....................................................................................................
Monroe, M l.....................................................................................................
Montgomery, A L............................................................................................
Morgantown, WV
Morristown, T N .............................................................................................
Mount Vernon-Anacortes. W A ....................................................................
Muncie, IN....
Muskegon-Norton Shores, M l.....................................................................
Myrtle Beach-North Myrtle Beach-Conway, SC........................................
7,436
3,640
33,103
20,154
4,882
3,592
3,878
12,731
6,489
63,416
6,528
263,753
3,457
9,296
81,398
189,371
4,438
14,729
15,185
6,089
3,946
14,381
4,805
3,339
5,184
3,267
4,717
9,900
198
59
1,206
498
225
-50
143
-143
258
463
329
3,710
187
-99
1,285
2,633
41
422
79
-88
154
246
-105
-167
621
85
77
548
2.7
1.6
3.8
2.5
4.8
-1.4
3.8
-1.1
4.1
0.7
5.3
1.4
5.7
-1.1
1.6
1.4
0.9
2.9
0.5
-1.4
4.1
1.7
-2.1
-4.8
13.6
2.7
1.7
5.9
7,643
3,656
33,892
21,076
5,383
3,745
3,864
13,200
6,298
63,647
6,252
260,547
3,486
11,465
83,408
192,826
4,545
15,366
15,171
6,151
3,725
14,759
5,188
3,320
5,242
3,319
4,660
9,925
139
5
881
294
212
-1
59
-601
55
-179
77
-716
151
596
715
-1,121
-6
292
-283
-190
3
60
-119
-335
484
76
-8 7
541
1.9
0.1
2.7
1.4
4.1
0.0
1.5
-4.4
0.9
-0.3
1.2
-0.3
4.5
5.5
0.9
-0.6
-0.1
1.9
-1.8
-3.0
0.1
0.4
-2.2
-9.2
10.2
2.3
-1.8
5.8
Napa, C A .......................................................................................................
Naples-Marco Island, FL..............................................................................
Nashville-Davidson-Murfreesboro-Franklin, T N ........................................
New Haven-Milford, C T................................................................................
New Orleans-Metairie-Kenner, L A ..............................................................
New York-Northern New Jersey-Long Island, NY-NJ-PA.........................
Niles-Benton Harbor, M l..............................................................................
North Port-Bradenton-Sarasota, FL...........................................................
Norwich-New London, CT............................................................................
7,071
14,636
75,181
38,483
66,939
1,217,430
5,514
25,217
13,857
25
-268
-1,113
1,829
-576
7,434
130
576
629
0.4
-1.8
-1.5
5.0
-0.9
0.6
2.4
2.3
4.8
7,214
13,568
77,478
39,006
68,991
1,243,407
5,474
23,967
14,309
-221
-581
-1,466
1,364
-3,404
-21,489
-2 5
140
399
-3.0
-4.1
-1.9
3.6
-4.7
-1.7
-0.5
0.6
2.9
Ocala, F L .......................................................................................................
Ocean City, N J..............................................................................................
Odessa, TX ..............
Ogden-Clearfield, UT
Oklahoma City, O K ..
Olympia, W A ............
Omaha-Council Bluffs, NE-IA
Orlando-Kissimmee-Sanford, F L ................................................................
Oshkosh-Neenah, Wl
Owensboro, KY.............................................................................................
Oxnard-Thousand Oaks-Ventura, C A ........................................................
7,749
3,935
5,488
16,432
54,327
8,507
44,675
103,869
7,422
4,026
36,107
140
64
-5 5
437
1,509
163
1,499
1,751
195
-5 6
189
1.8
1.7
-1.0
2.7
2.9
2.0
3.5
1.7
2.7
-1.4
0.5
7,689
3,974
6,074
16,616
59,269
8,709
45,357
103,592
7,449
4,260
34,834
126
-48
-182
89
2,139
57
496
-393
-6 3
41
-297
1.7
-1.2
-2.9
0.5
3.7
0.7
1.1
-0.4
-0.8
1.0
-0.8
Palm Bay-Melbourne-Titusville, F L ............................................................
Palm Coast, F L .............................................................................................
Panama City-Lynn Haven-Panama City Beach, F L .................................
Parkersburg-Marietta-Vienna, WV-OH.......................................................
Pascagoula, MS............................................................................................
Pensacola-Ferry Pass-Brent, FL.................................................................
Peoria, IL
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD...................................
Phoenix-Mesa-Glendale, AZ.......................................................................
Pine Bluff, AR
Pittsburgh, PA................................................................................................
Pittsfield, MA
Pocatello, ID...................................................................................................
Portland-South Portland-Biddeford, ME.....................................................
Portland-Vancouver-Hillsboro, OR-W A......................................................
Port St. Lucie, F L ..........................................................................................
Poughkeepsie-Newburgh-Middletown, NY................................................
Prescott, A Z ...................................................................................................
Providence-New Bedford-Fall River, RI-MA..............................................
Provo-Orem, UT............................................................................................
Pueblo, C O ....................................................................................................
PuntaGorda, F L ...........................................................................................
18,393
1,363
6,358
5,363
5,930
13,753
16,945
324,397
196,615
3,005
108,386
5,197
2,642
24,305
116,861
12,142
20,518
4,932
63,822
14,354
3,856
3,534
1,160
25
166
-61
1,138
521
450
2,072
10,038
155
-2,103
-126
126
327
7,225
490
430
413
-84
1,199
138
43
6.7
1.9
2.7
-1.1
23.8
3.9
2.7
0.6
5.4
5.4
-1.9
-2.4
5.0
1.4
6.6
4.2
2.1
9.1
-0.1
9.1
3.7
1.2
18,555
1,301
6,525
5,563
7,373
13,718
17,671
332,081
196,850
3,106
111,738
5,167
2,757
24,910
119,445
11,438
21,026
4,814
64,666
14,658
4,091
3,414
1,055
32
123
-119
1,915
325
363
184
9,419
224
-2,969
-311
150
62
7,025
71
-2
304
-487
937
129
-11
6.0
2.5
1.9
-2.1
35.1
2.4
2.1
0.1
5.0
7.8
-2.6
-5.7
5.7
0.3
6.2
0.6
0.0
6.7
-0.7
6.8
3.2
-0.3
Racine, W l.....................................................................................................
Raleigh-Cary, NC
Rapid City, SD
Reading, PA.
Redding, CA
Reno-Sparks, NV..........................................................................................
Richmond, VA
Riverside-San Bernardino-Ontarlo, CA......................................................
6,767
50,912
4,609
14,447
5,493
20,839
60,297
115,207
-209
-430
-7
-83
85
113
431
3,291
-3.0
-0.8
-0.1
-0.6
1.6
0.5
0.7
2.9
6,557
53,046
4,878
14,682
5,312
20,565
61,557
113,705
-561
-417
-14
-155
-78
9
206
624
-7.9
-0.8
-0.3
-1.0
-1.5
0.0
0.3
0.6
March 2011
51
S u r v e y o f C u r r e n t B u sin e s s
Table 4. Revisions to Current-Dollar Gross Domestic Product by Metropolitan Area, 2007-2008—Table Ends
2007
2008
Millions of dollars
Revised
Revision
Percent
revision1
Millions of dollars
Revised
Revision
Percent
revision1
Roanoke, VA ..................................................................................................
..............
Rochester, MN
..............
Rochester, NY
Rockford, IL
..............
Rocky Mount, NC
..............
Rome, GA
..............
12,692
8,475
43,280
12,303
5,320
3,069
251
-21
-524
198
-1
209
2.0
-0.2
-1.2
1.6
0.0
7.3
12,996
8,659
43,391
12,220
5,363
3,146
571
-6 6
-2,054
-193
-116
175
4.6
-0.8
-4.5
-1.6
-2.1
5.9
Sacramento-Arden-Arcade-Roseville, C A ................................................
Saginaw-Saginaw Township North, M l......................................................
St. Cloud, M N ...............................................................................................
St. George, UT...
St. Joseph, MO-KS
St. Louis, MO-IL.
Salem, O R .........
Salinas, C A ........
Salisbury, MD....
Salt Lake City, U T .........................................................................................
San Angelo, TX .............................................................................................
San Antonio-New Braunfels, T X .................................................................
San Diego-Carlsbad-San Marcos, C A .......................................................
Sandusky, O H ...............................................................................................
San Francisco-Oakland-Fremont, C A ........................................................
San Jose-Sunnyvale-Santa Clara, C A .......................................................
San Luis 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, GA...............................................................................................
Scranton-Wilkes-Barre, PA..........................................................................
Seattle-Tacoma-Bellevue, WA.....................................................................
Sebastian-Vero Beach, FL..........................................................................
Sheboygan, W l.............................................................................................
Sherman-Denison, T X .................................................................................
Shreveport-Bossier City, LA ........................................................................
Sioux City, IA-NE-SD...................................................................................
Sioux Falls, S D .............................................................................................
South Bend-Mishawaka, IN-M I...................................................................
Spartanburg, SC ...........................................................................................
Spokane, W A ................................................................................................
Springfield, IL................................................................................................
Springfield, M A .............................................................................................
Springfield, M O.............................................................................................
Springfield, O H .............................................................................................
State College, PA..........................................................................................
Ste ubenvi lle-Wei rton, OH-W V....................................................................
Stockton, C A..................................................................................................
Sumter, S C ....................................................................................................
Syracuse, N Y................................................................................................
95,673
6,685
7,192
3,623
4,148
123,544
12,093
17,854
4,073
62,537
3,480
75,704
167,050
2,992
322,423
149,132
10,839
19,275
10,096
6,754
20,329
12,999
18,590
221,128
4,509
5,123
3,148
18,707
5,849
14,425
12,013
10,208
17,436
8,679
21,546
14,064
3,543
5,341
3,597
19,967
3,036
25,638
3,354
234
2
164
38
1,448
460
-525
174
1,943
113
-1,080
4,932
39
19,605
3,789
517
123
296
214
566
184
99
10,764
34
-46
4
-2,524
-69
656
-68
328
421
480
169
150
116
40
182
820
66
-170
3.6
3.6
0.0
4.8
0.9
1.2
4.0
-2.9
4.5
3.2
3.4
-1.4
3.0
1.3
6.5
2.6
5.0
0.6
3.0
3.3
2.9
1.4
0.5
5.1
0.8
-0.9
0.1
-11.9
-1.2
4.8
-0.6
3.3
2.5
5.9
0.8
1.1
3.4
0.8
5.3
4.3
2.2
-0.7
95,330
6,322
7,432
3,538
4,208
128,318
12,398
18,203
4,158
64,613
3,704
77,820
172,397
2,931
338,898
151,926
10,818
19,563
9,908
7,027
20,362
12,955
18,826
229,159
4,448
4,993
3,191
19,776
6,334
15,362
12,137
10,288
17,685
8,984
22,268
14,201
3,571
5,591
3,903
19,856
3,026
26,013
1,678
13
-97
89
5
-148
353
-617
195
2,088
65
-3,075
3,072
-48
28,073
5,239
231
-83
5
219
133
-225
-239
10,388
-44
-256
-28
-2,615
-86
1,179
-176
67
46
412
-48
-94
41
13
211
337
67
-838
1.8
0.2
-1.3
2.6
0.1
-0.1
2.9
-3.3
4.9
3.3
1.8
-3.8
1.8
-1.6
9.0
3.6
2.2
-0.4
0.0
3.2
0.7
-1.7
-1.3
4.7
-1.0
-4.9
-0.9
-11.7
-1.3
8.3
-1.4
0.7
0.3
4.8
-0.2
-0.7
1.2
0.2
5.7
1.7
2.2
-3.1
Tallahassee, FL.............................................................................................
Tampa-St. Petersburg-Clearwater, FL........................................................
Terre Haute, IN..............................................................................................
Texarkana, TX-Texarkana, A R ....................................................................
Toledo, O H .....................................................................................................
Topeka, KS.....................................................................................................
Trenton-Ewing, NJ.........................................................................................
Tucson, A Z .....................................................................................................
Tulsa, O K .......................................................................................................
Tuscaloosa, AL..............................................................................................
Tyler, TX .........................................................................................................
13,097
113,860
5,522
4,193
26,618
8,688
24,321
32,579
43,337
8,148
7,950
483
3,117
265
82
634
357
1,358
1,666
720
324
-126
3.8
2.8
5.0
2.0
2.4
4.3
5.9
5.4
1.7
4.1
-1.6
13,190
112,583
5,570
4,258
26,204
8,955
25,819
33,149
46,794
8,491
8,420
393
2,073
213
^11
98
326
1,361
1,344
1,637
385
-232
3.1
1.9
4.0
-1.0
0.4
3.8
5.6
4.2
3.6
4.7
-2.7
Utica-Rome, NY............................................................................................
8,556
100
1.2
8,626
-122
-1.4
Valdosta, G A.................................................................................................
Vallejo-Fairfield, CA......................................................................................
Victoria, T X ....................................................................................................
V ineland-Mil Ivi lle-Bridgeton, N J..................................................................
Virginia Beach-Norfolk-Newport News, VA-NC.........................................
Visalia-Porterville, C A ..................................................................................
Waco, T X .......................................................................................................
Warner Robins, GA.......................................................................................
Washington-Arlington-Alexandria, DC-VA-MD-WV..................................
Waterloo-Cedar Falls, IA..............................................................................
Wausau, W l......
Wenatchee-East Wenatchee, W A..............................................................
Wheeling, WV-OH
Wichita, K S ........
Wichita Falls, TX
Williamsport, PA.
Wilmington, NC..
Winchester, VA-WV
Winston-Salem, N C ......................................................................................
Worcester, M A ..............................................................................................
3,966
13,703
4,907
4,721
76,443
11,623
196
1,030
-249
-54
1,634
366
5.2
8.1
-4.8
-1.1
2.2
3.2
4,184
14,417
5,060
4,894
78,290
11,609
154
1,077
-480
-51
1,229
40
3.8
8.1
-8.7
-1.0
1.6
0.3
7,563
4,976
384,141
7,313
5,631
3,476
4,716
27,795
5,521
3,519
12,922
4,701
20,858
27,593
55
62
4,505
118
120
-225
41
936
-15
-125
-85
-74
-557
126
0.7
1.3
1.2
1.6
2.2
-6.1
0.9
3.5
-0.3
-3.4
-0.7
-1.6
-2.6
0.5
7,824
5,036
398,505
7,484
5,496
3,639
5,044
27,602
5,940
3,548
13,295
4,649
21,039
28,274
-118
-77
2,757
-78
-80
-180
26
-939
-18
-214
-199
-134
-896
-132
-1.5
-1.5
0.7
-1.0
-1.4
-4.7
0.5
-3.3
-0.3
-5.7
-1.5
-2.8
-4.1
-0.5
Yakima, WA....................................................................................................
York-Hanover, PA..........................................................................................
Youngstown-Warren-Boardman, OH-PA....................................................
Yuba City, C A ................................................................................................
Yuma, A Z .......................................................................................................
7,089
14,434
17,542
4,437
5,204
-190
-177
247
207
550
-2.6
-1.2
1.4
4.9
11.8
7,503
14,803
17,078
4,651
5,060
-43
-361
-14
303
142
-0.6
-2.4
-0.1
7.0
2.9
1. Revision is a percentage of the previously published statistic.
NA. Not applicable. No previously published statistics are available.
Gross Domestic Product by Metropolitan Area
52
March 2011
Table 5. Gross Domestic Product by Metropolitan Area in Current Dollars, 2006-2009—Continues
Percent of U.S. metropolitan portion total
Millions of dollars
2006
2007
2008
2009*
U.S. m etropolitan p o rtio n ..............................................
11,970,693
12,563,481
12,815,910
12,610,788
100
100
100
100
Abilene, T X ........................................................................
Akron, OH
Albany, G A ..........................................................................
Albany-Schenectady-Troy, NY..........................................
Albuquerque, N M ..............................................................
Alexandria, L A ...................................................................
Allentown-Bethlehem-Easton, PA-NJ..............................
Altoona, PA........................................................................
Amarillo, T X .......................................................................
Ames, IA ......
Anchorage, AK...................................................................
Anderson, IN
Anderson, S C ....................................................................
Ann Arbor, Ml
Anniston-Oxford, AL..........................................................
Appleton, W l.
Asheville, N C .....................................................................
Athens-Clarke County, GA...............................................
Atlanta-Sandy Springs-Marietta, G A ..............................
Atlantic City-Hammonton, NJ...........................................
Auburn-Opelika, AL...........................................................
Augusta-Richmond County, GA-SC................................
Austin-Round Rock-San Marcos, T X ..............................
4,783
26,148
4,704
36,347
34,423
4,657
27,053
3,802
8,432
3,412
23,068
3,202
4,433
17,350
3,448
9,100
12,514
5,731
257,748
13,511
3,270
16,998
72,990
5,224
27,160
4,848
37,209
34,524
4,882
28,417
4,038
9,176
3,550
24,405
3,134
4,529
18,194
3,708
9,556
13,034
6,057
271,590
13,800
3,444
17,673
76,183
5,468
27,484
4,910
38,535
35,399
5,018
28,647
4,085
9,887
3,761
27,138
3,075
4,550
17,478
3,839
9,537
13,141
6,319
272,056
13,744
3,541
18,146
79,413
5,269
26,944
4,925
39,597
35,498
5,047
28,597
4,231
9,780
3,859
25,368
3,111
4,424
17,583
3,761
9,495
12,812
6,230
264,700
12,963
3,577
18,412
78,426
0.0
0.2
0.0
0.3
0.3
0.0
0.2
0.0
0.1
0.0
0.2
0.0
0.0
0.1
0.0
0.1
0.1
0.0
2.2
0.1
0.0
0.1
0.6
0.0
0.2
0.0
0.3
0.3
0.0
0.2
0.0
0.1
0.0
0.2
0.0
0.0
0.1
0.0
0.1
0.1
0.0
2.2
0.1
0.0
0.1
0.6
0.0
0.2
0.0
0.3
0.3
0.0
0.2
0.0
0.1
0.0
0.2
0.0
0.0
0.1
0.0
0.1
0.1
0.0
2.1
0.1
0.0
0.1
0.6
0.0
0.2
0.0
0.3
0.3
0.0
0.2
0.0
0.1
0.0
0.2
0.0
0.0
0.1
0.0
0.1
0.1
0.0
2.1
0.1
0.0
0.1
0.6
Bakersfield-Delano, CA.....................................................
Baltimore-Towson, MD......................................................
Bangor, M E........................................................................
Barnstable Town, M A........................................................
Baton Rouge, L A ..............................................................
Battle Creek, M l.................................................................
Bay City, M l........................................................................
Beaumont-Port Arthur, T X ...............................................
Bellingham, W A .................................................................
Bend, O R ............................................................................
Billings, M T ........................................................................
Binghamton, NY.................................................................
Birmingham-Hoover, A L....................................................
Bismarck, ND.....................................................................
Blacksburg-Christiansburg-Radford, V A ........................
Bloomington, IN .................................................................
Bloomington-Normal, IL ....................................................
Boise City-Nampa, ID .......................................................
Boston-Cambridge-Quincy, MA-NH................................
Boulder, C O .......................................................................
Bowling Green, K Y ...........................................................
Bremerton-Silverdale, W A ...............................................
Bridgeport-Stamford-Norwalk, C T ..................................
Brownsville-Harlingen, T X ...............................................
Brunswick, G A ...................................................................
Buffalo-Niagara Falls, NY.................................................
Burlington, N C ...................................................................
Burlington-South Burlington, V T .....................................
26,454
128,248
5,122
8,187
38,360
4,534
2,691
14,757
7,372
6,241
6,522
7,181
50,919
4,080
4,834
5,514
8,262
24,050
276,531
16,274
4,133
8,261
78,056
6,547
3,217
40,739
4,370
9,662
29,214
133,756
5,298
8,222
38,189
4,638
2,748
16,642
7,998
6,418
7,363
7,677
53,385
4,258
5,157
5,728
8,406
25,570
290,809
17,624
4,335
8,499
81,754
7,088
3,278
41,785
4,426
9,746
31,170
136,994
5,407
8,246
38,870
4,730
2,781
16,008
8,000
6,341
7,146
7,983
55,207
4,447
5,118
6,012
8,282
25,682
298,419
18,114
4,513
8,704
81,096
7,413
3,308
42,588
4,435
10,226
29,053
138,420
5,486
8,262
39,686
4,735
2,786
16,093
8,022
6,021
7,203
8,002
53,276
4,659
5,098
6,251
8,774
24,771
298,256
17,581
4,398
8,809
78,805
7,555
3,203
43,157
4,118
10,400
0.2
1.1
0.0
0.1
0.3
0.0
0.0
0.1
0.1
0.1
0.1
0.1
0.4
0.0
0.0
0.0
0.1
0.2
2.3
0.1
0.0
0.1
0.7
0.1
0.0
0.3
0.0
0.1
0.2
1.1
0.0
0.1
0.3
0.0
0.0
0.1
0.1
0.1
0.1
0.1
0.4
0.0
0.0
0.0
0.1
0.2
2.3
0.1
0.0
0.1
0.7
0.1
0.0
0.3
0.0
0.1
0.2
1.1
0.0
0.1
0.3
0.0
0.0
0.1
0.1
0.0
0.1
0.1
0.4
0.0
0.0
0.0
0.1
0.2
2.3
0.1
0.0
0.1
0.6
0.1
0.0
0.3
0.0
0.1
0.2
1.1
0.0
0.1
0.3
0.0
0.0
0.1
0.1
0.0
0.1
0.1
0.4
0.0
0.0
0.0
0.1
0.2
2.4
0.1
0.0
0.1
0.6
0.1
0.0
0.3
0.0
0.1
Canton-Massillon, OH.......................................................
Cape Coral-Fort Myers, F L ..............................................
Cape Girardeau-Jackson, MO-IL....................................
Carson City, N V .................................................................
Casper, WY.........................................................................
Cedar Rapids, IA ...............................................................
Champaign-Urbana, IL .....................................................
Charleston, WV..................................................................
Charleston-North Charleston-Summerville, SC............
Charlotte-Gastonia-Rock Hill, NC-SC............................
Charlottesville, VA..............................................................
Chattanooga, TN-GA........................................................
Cheyenne, W Y ...................................................................
Chicago-Joliet-Naperville, IL-IN-W I................................
Chico, CA............................................................................
Cincinnati-Middletown, OH-KY-IN...................................
Clarksville, TN-KY.............................................................
Cleveland, T N ....................................................................
Cleveland-Elyria-Mentor, O H ...........................................
Coeur d’Alene, ID ..............................................................
College Station-Bryan, T X ...............................................
Colorado Springs, CO.......................................................
Columbia, MO....................................................................
Columbia, SC.....................................................................
Columbus, GA-AL.............................................................
Columbus, IN .....................................................................
Columbus, O H ...................................................................
Corpus Christi, T X ............................................................
Corvallis, OR......................................................................
Crestview-Fort Walton Beach-Destin, FL.......................
Cumberland, MD-WV........................................................
12,506
22,056
3,039
2,782
5,734
11,711
7,555
13,092
24,268
107,433
8,418
19,896
4,158
498,357
5,748
93,347
8,713
3,268
100,205
3,961
5,603
22,877
5,939
28,881
10,397
3,743
85,683
14,973
4,381
9,284
2,317
12,832
22,112
3,210
2,947
5,808
13,076
7,966
13,720
26,114
110,508
8,750
20,629
4,583
522,030
6,006
97,443
9,070
3,327
103,715
4,275
5,965
23,959
6,162
30,277
10,987
4,003
89,535
16,590
4,446
9,338
2,360
13,139
20,874
3,188
2,918
7,095
12,900
8,524
14,542
26,752
113,491
8,989
20,771
4,837
523,855
6,166
98,878
9,558
3,411
104,943
4,342
6,340
24,617
6,352
30,865
11,301
4,173
89,990
16,750
4,312
9,224
2,460
12,813
19,910
3,283
2,830
6,479
13,281
8,782
14,683
26,691
110,427
9,096
20,285
5,012
508,712
6,256
98,260
9,942
3,385
103,020
4,175
6,431
25,270
6,538
31,101
11,674
3,965
91,308
15,953
4,130
9,403
2,587
0.1
0.2
0.0
0.0
0.0
0.1
0.1
0.1
0.2
0.9
0.1
0.2
0.0
4.2
0.0
0.8
0.1
0.0
0.8
0.0
0.0
0.2
0.0
0.2
0.1
0.0
0.7
0.1
0.0
0.1
0.0
0.1
0.2
0.0
0.0
0.0
0.1
0.1
0.1
0.2
0.9
0.1
0.2
0.0
4.2
0.0
0.8
0.1
0.0
0.8
0.0
0.0
0.2
0.0
0.2
0.1
0.0
0.7
0.1
0.0
0.1
0.0
0.1
0.2
0.0
0.0
0.1
0.1
0.1
0.1
0.2
0.9
0.1
0.2
0.0
4.1
0.0
0.8
0.1
0.0
0.8
0.0
0.0
0.2
0.0
0.2
0.1
0.0
0.7
0.1
0.0
0.1
0.0
0.1
0.2
0.0
0.0
0.1
0.1
0.1
0.1
0.2
0.9
0.1
0.2
0.0
4.0
0.0
0.8
0.1
0.0
0.8
0.0
0.1
0.2
0.1
0.2
0.1
0.0
0.7
0.1
0.0
0.1
0.0
Dallas-Fort Worth-Arlington, T X .....................................
Dalton, G A ..........................................................................
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, CO .......................................
Des Moines-West Des Moines, IA ..................................
Detroit-Warren-Livonia, M l...............................................
335,250
5,690
2,258
2,833
15,491
33,127
4,525
4,852
12,211
141,060
34,130
198,493
357,185
5,925
2,293
2,841
16,261
33,651
4,794
5,084
12,779
147,748
38,370
204,279
369,128
5,509
2,365
2,808
16,692
33,468
4,924
5,358
12,451
154,917
36,538
197,149
356,615
5,253
2,372
2,768
16,505
32,897
4,810
5,150
11,922
152,868
■ 37,719
185,800
2.8
0.0
0.0
0.0
0.1
0.3
0.0
0.0
0.1
1.2
0.3
1.7
2.8
0.0
0.0
0.0
0.1
0.3
0.0
0.0
0.1
1.2
0.3
1.6
2.9
0.0
0.0
0.0
0.1
0.3
0.0
0.0
0.1
1.2
0.3
1.5
2.8
0.0
0.0
0.0
0.1
0.3
0.0
0.0
0.1
1.2
0.3
1.5
2006
2007
2008
2009*
March 2011
53
S u r v e y o f C u r r e n t B u sin e s s
Table 5. Gross Domestic Product by Metropolitan Area in Current Dollars, 2006-2009— Continues
Millions of dollars
2006
2007
2008
Percent of U.S. metropolitan portion total
2009*
2006
2007
2008
2009*
Dothan, A L..........................................................................
Dover, DE............................................................................
Dubuque, IA .......................................................................
Duluth, MN-W I...................................................................
Durham-Chapel Hill, N C ..................................................
4,444
5,464
3,926
8,763
31,003
4,609
5,758
4,099
9,136
33,303
4,547
5,719
4,135
9,299
33,790
4,514
5,712
4,084
9,281
34,285
0.0
0.0
0.0
0.1
0.3
0.0
0.0
0.0
0.1
0.3
0.0
0.0
0.0
0.1
0.3
0.0
0.0
0.0
0.1
0.3
Eau Claire, W l....................................................................
El Centro, C A .....................................................................
Elizabethtown, KY.............................................................
Elkhart-Goshen, IN ...........................................................
Elmira, NY...........................................................................
El Paso, T X ........................................................................
Erie, PA...............................................................................
Eugene-Springfield, OR....................................................
Evansville, IN-KY...............................................................
5,796
4,006
4,190
9,912
2,506
23,858
8,725
11,144
15,390
5,973
4,275
4,230
10,360
2,602
25,230
9,142
11,726
15,807
6,043
4,419
4,326
9,264
2,731
25,595
9,404
11,828
16,189
6,018
4,296
4,568
8,193
2,692
26,333
9,273
11,199
16,034
0.0
0.0
0.0
0.1
0.0
0.2
0.1
0.1
0.1
0.0
0.0
0.0
0.1
0.0
0.2
0.1
0.1
0.1
0.0
0.0
0.0
0.1
0.0
0.2
0.1
0.1
0.1
0.0
0.0
0.0
0.1
0.0
0.2
0.1
0.1
0.1
Fairbanks, A K ....................................................................
Fargo, ND-MN....................................................................
Farmington, N M .................................................................
Fayetteville, NC
Fayetteville-Springdale-Rogers, AR-MO........................
Flagstaff, AZ
Flint, Ml...
Florence, SC
Florence-Muscle Shoals, A L............................................
Fond du Lac, Wl
Fort Collins-Loveland, CO ................................................
Fort Smith, AR-OK
Fort Wayne, IN
Fresno, C A .........................................................................
4,642
9,045
5,403
13,642
16,466
4,366
12,047
6,760
3,647
3,467
10,324
9,521
16,827
28,130
4,789
9,610
5,779
14,721
16,942
4,877
12,068
7,120
3,794
3,638
10,946
9,569
17,524
29,386
5,152
10,309
6,166
15,814
17,519
4,889
11,237
7,061
3,914
3,689
11,201
9,956
17,151
30,061
5,494
10,614
5,162
16,895
17,637
4,827
10,816
6,988
3,966
3,509
11,189
9,581
16,838
29,017
0.0
0.1
0.0
0.1
0.1
0.0
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.2
0.0
0.1
0.0
0.1
0.1
0.0
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.2
0.0
0.1
0.0
0.1
0.1
0.0
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.2
0.0
0.1
0.0
0.1
0.1
0.0
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.2
Gadsden, A L......................................................................
Gainesville, F L ...................................................................
Gainesville, GA
Glens Falls, NY
Goldsboro, NC
Grand Forks, ND-MN........................................................
Grand Junction, C O ..........................................................
Grand Rapids-Wyoming, M l.............................................
Great Falls, MT
Greeley, CO
Green Bay, Wl
Greensboro-High Point, N C .............................................
Greenville, NC
Greenville-Mauldin-Easley, S C .......................................
Gulfport-Biloxi, MS
2,433
9,035
5,963
3,578
3,623
3,445
4,177
32,641
2,671
6,597
13,850
31,019
5,290
23,130
8,846
2,523
9,823
6,225
3,677
3,691
3,637
4,730
33,159
2,802
7,145
14,414
32,023
5,807
24,826
9,747
2,572
9,918
6,370
3,767
3,695
3,900
5,285
32,231
2,874
7,505
14,552
32,708
6,003
25,279
10,053
2,543
10,053
6,156
3,821
3,730
3,835
4,913
31,657
2,902
7,062
14,659
31,829
6,067
24,762
10,095
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.3
0.0
0.1
0.1
0.3
0.0
0.2
0.1
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.3
0.0
0.1
0.1
0.3
0.0
0.2
0.1
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.3
0.0
0.1
0.1
0.3
0.0
0.2
0.1
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.3
0.0
0.1
0.1
0.3
0.0
0.2
Hagerstown-Martinsburg, MD-WV..................................
Hanford-Corcoran, C A ......................................................
Harrisburg-Carlisle, PA......................................................
Harrisonburg, VA................................................................
Hartford-West Hartford-East Hartford, C T .....................
Hattiesburg, M S .................................................................
Hickory-Lenoir-Morganton, N C .......................................
Hinesville-Fort Stewart, G A .............................................
Holland-Grand Haven, M l................................................
Honolulu, H I.......................................................................
Hot Springs, A R .................................................................
Houma-Bayou Cane-Thibodaux, LA ...............................
Houston-Sugar Land-Baytown, T X .................................
Huntington-Ashland, WV-KY-OH.....................................
Huntsville, A L.....................................................................
7,535
3,741
25,693
5,077
73,114
4,292
11,670
2,652
9,052
45,678
2,489
8,287
334,035
9,008
17,567
7,678
4,286
27,005
5,383
79,145
4,523
11,568
2,875
9,106
47,968
2,542
9,247
372,317
9,455
18,275
7,811
4,327
27,336
5,476
78,746
4,598
11,249
3,227
8,873
49,729
2,563
10,086
394,694
10,105
19,184
7,787
4,104
28,064
5,629
79,424
4,664
10,556
3,364
8,390
50,071
2,561
9,666
363,201
10,384
19,882
0.1
0.0
0.2
0.0
0.6
0.0
0.1
0.0
0.1
0.4
0.0
0.1
2.8
0.1
0.1
0.1
0.0
0.2
0.0
0.6
0.0
0.1
0.0
0.1
0.4
0.0
0.1
3.0
0.1
0.1
0.1
0.0
0.2
0.0
0.6
0.0
0.1
0.0
0.1
0.4
0.0
0.1
3.1
0.1
0.1
0.1
0.0
0.2
0.0
0.6
0.0
0.1
0.0
0.1
0.4
0.0
0.1
2.9
0.1
0.2
Idaho Falls, ID ....................................................................
Indianapolis-Carmel, IN ...................................................
Iowa City, IA .......................................................................
Ithaca, N Y..........................................................................
3,391
93,035
6,444
3,447
3,759
97,256
6,884
3,579
3,921
99,109
7,205
3,786
3,793
98,799
7,442
3,849
0.0
0.8
0.1
0.0
0.0
0.8
0.1
0.0
0.0
0.8
0.1
0.0
0.0
0.8
0.1
0.0
Jackson,M l........................................................................
Jackson, M S ......................................................................
Jackson, TN .......................................................................
Jacksonville, FL..................................................................
Jacksonville, NC
Janesville, Wl
Jefferson City, MO
Johnson City, TN
Johnstown, PA
Jonesboro, A R ...................................................................
Joplin, MO...........................................................................
4,662
21,604
4,367
58,284
5,646
5,100
5,278
5,413
3,615
3,627
5,157
4,882
22,706
4,317
60,064
6,374
5,143
5,458
5,526
3,807
3,700
5,267
4,816
23,585
4,456
59,286
7,175
4,994
5,654
5,724
3,949
3,941
5,360
4,675
23,689
4,326
58,303
8,310
4,770
5,764
5,733
3,988
3,896
5,438
0.0
0.2
0.0
0.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.5
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.5
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.5
0.1
0.0
0.0
0.0
0.0
0.0
0.0
Kalamazoo-Portage, M l....................................................
Kankakee-Bradley, IL ........................................................
Kansas City, MO-KS.........................................................
Kennewick-Pasco-Richland, W A .....................................
Killeen-Temple-Fort Hood, T X .........................................
Kingsport-Bristol-B ristol, TN-VA.....................................
Kingston, NY......................................................................
Knoxville, TN ......................................................................
Kokomo, IN ........................................................................
11,080
2,898
95,762
7,846
12,306
8,937
4,436
27,538
4,085
11,699
2,999
101,017
8,790
13,604
9,198
4,585
28,068
4,376
11,770
3,069
103,346
9,269
14,582
9,315
4,638
29,031
3,818
11,694
3,054
103,137
9,931
15,448
9,139
4,636
28,424
3,358
0.1
0.0
0.8
0.1
0.1
0.1
0.0
0.2
0.0
0.1
0.0
0.8
0.1
0.1
0.1
0.0
0.2
0.0
0.1
0.0
0.8
0.1
0.1
0.1
0.0
0.2
0.0
0.1
0.0
0.8
0.1
0.1
0.1
0.0
0.2
0.0
La Crosse, W I-M N ............................................................
Lafayette, IN........................................................................
Lafayette, LA ......................................................................
Lake Charles, L A ...............................................................
Lake Havasu City-Kingman, A Z ......................................
Lakeland-Winter Haven, F L .............................................
Lancaster, PA.....................................................................
Lansing-East Lansing, M l................................................
Laredo, T X ..........................................................................
4,888
7,134
14,223
15,370
3,914
16,088
17,951
17,891
5,325
5,084
7,501
15,662
13,212
4,057
16,583
18,555
18,461
5,660
5,253
7,754
16,775
12,779
3,911
16,777
18,756
18,265
5,906
5,408
7,625
15,497
12,461
3,664
16,367
18,538
17,988
5,745
0.0
0.1
0.1
0.1
0.0
0.1
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.0
0.1
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.0
0.1
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.0
0.1
0.1
0.1
0.0
.
01
Gross Domestic Product by Metropolitan Area
March 2011
Table 5. Gross Domestic Product by Metropolitan Area in Current Dollars, 2006-2009—Continues
Percent of U.S. metropolitan portion total
Millions of dollars
2007
2008
2009*
2007
2008
4,636
92,326
3,222
3,823
3,193
1,783
3,517
21,325
4,317
12,948
29,023
2,781
7,955
2,864
707,619
53,125
8,744
7,838
4,974
98,387
3,427
4,071
3,393
1,865
3,693
22,208
4,346
13,432
31,324
3,074
8,646
2,984
734,325
55,422
9,064
8,062
5,248
97,663
3,530
4,237
3,477
1,917
3,792
22,550
4,099
13,442
31,642
3,275
9,295
2,918
752,354
55,921
9,532
8,285
5,375
91,742
3,670
4,595
3,497
1,900
3,799
22,114
4,122
13,739
32,884
3,304
8,491
2,864
730,941
55,850
9,794
8,278
0.0
0.8
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.1
0.2
0.0
0.1
0.0
5.9
0.4
0.1
0.1
0.0
0.8
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.1
0.2
0.0
0.1
0.0
5.8
0.4
0.1
0.1
0.0
0.8
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.1
0.2
0.0
0.1
0.0
5.9
0.4
0.1
0.1
0.0
0.7
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.1
0.3
0.0
0.1
0.0
5.8
0.4
0.1
0.1
Macon, GA..........................................................................
Madera-Chowchilla, C A ....................................................
Madison, W l.......................................................................
Manchester-Nashua, N H .................................................
Manhattan, KS...................................................................
Mankato-North Mankato, MN...........................................
Mansfield, O H ....................................................................
McAllen-Edinburg-Mission, TX.........................................
Medford, O R ......................................................................
Memphis, TN-MS-AR........................................................
Merced, C A........................................................................
Miami-Fort Lauderdale-Pompano Beach, FL.................
Michigan City-La Porte, IN...............................................
Midland, TX........................................................................
Milwaukee-Waukesha-West Allis, W l..............................
Minneapolis-St. Paul-Bloomington, MN-WI....................
Missoula, M T .....................................................................
Mobile, A L...........................................................................
Modesto, C A ......................................................................
Monroe, L A ........................................................................
Monroe, Ml...
.............................................
Montgomery, AL
Morgantown, WV
Morristown, TN
Mount Vernon-Anacortes, WA
Muncie, IN.............................
Muskegon-Norton Shores, Ml
Myrtle Beach-North Myrtle Beach-Conway, SC............
Napa, C A ..............................
Naples-Marco Island, FL....
Nashville-Davidson-Murfreesboro-Franklin, T N ............
New Haven-Milford, CT.....................................................
New Orleans-Metairie-Kenner, L A ..................................
New York-Northern New Jersey-Long Island, NY-NJ-PA
Niles-Benton Harbor, M l..................................................
North Port-Bradenton-Sarasota, FL................................
Norwich-New London, CT................................................
7,485
3,388
31,218
19,508
4,219
3,621
3,964
11,845
6,315
61,085
5,569
253,712
3,285
8,280
78,902
182,400
4,166
14,087
14,709
5,981
3,897
13,949
4,556
3,364
4,972
3,292
4,671
9,283
6,756
14,454
72,713
37,015
66,536
1,154,765
5,132
24,985
13,396
7,436
3,640
33,103
20,154
4,882
3,592
3,878
12,731
6,489
63,416
6,528
263,753
3,457
9,296
81,398
189,371
4,438
14,729
15,185
6,089
3,946
14,381
4,805
3,339
5,184
3,267
4,717
9,900
7,071
14,636
75,181
38,483
66,939
1,217,430
5,514
25,217
13,857
7,643
3,656
33,892
21,076
5,383
3,745
3,864
13,200
6,298
63,647
6,252
260,547
3,486
11,465
83,408
192,826
4,545
15,366
15,171
6,151
3,725
14,759
5,188
3,320
5,242
3,319
4,660
9,925
7,214
13,568
77,478
39,006
68,991
1,243,407
5,474
23,967
14,309
7,518
3,449
34,786
20,865
5,728
3,650
3,661
13,082
6,112
62,735
5,813
252,647
3,353
8,853
82,692
189,801
4,552
15,337
14,665
6,270
3,495
14,886
5,402
3,169
5,219
3,292
4,425
9,352
7,057
12,620
75,764
38,834
68,008
1,210,387
5,391
23,067
14,463
0.1
0.0
0.3
0.2
0.0
0.0
0.0
0.1
0.1
0.5
0.0
2.1
0.0
0.1
0.7
1.5
0.0
0.1
0.1
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
0.6
0.3
0.6
9.6
0.0
0.2
0.1
0.1
0.0
0.3
0.2
0.0
0.0
0.0
0.1
0.1
0.5
0.1
2.1
0.0
0.1
0.6
1.5
0.0
0.1
0.1
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
0.6
0.3
0.5
9.7
0.0
0.2
0.1
0.1
0.0
0.3
0.2
0.0
0.0
0.0
0.1
0.0
0.5
0.0
2.0
0.0
0.1
0.7
1.5
0.0
0.1
0.1
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
0.6
0.3
0.5
9.7
0.0
0.2
0.1
0.1
0.0
0.3
0.2
0.0
0.0
0.0
0.1
0.0
0.5
0.0
2.0
0.0
0.1
0.7
1.5
0.0
0.1
0.1
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
0.6
0.3
0.5
9.6
0.0
0.2
0.1
Ocala, F L ............................................................................
Ocean City, N J...................................................................
Odessa, T X .............
Ogden-Clearfield, UT
Oklahoma City, O K .
Olympia, W A...........
Omaha-Council Bluffs, NE -IA ..........................................
Orlando-Kissimmee-Sanford, F L ....................................
Oshkosh-Neenah, Wl
Owensboro, KY ..................................................................
Oxnard-Thousand Oaks-Ventura, C A .............................
7,543
3,880
4,574
15,505
51,677
7,911
42,199
98,734
7,169
4,063
34,489
7,749
3,935
5,488
16,432
54,327
8,507
44,675
103,869
7,422
4,026
36,107
7,689
3,974
6,074
16,616
59,269
8,709
45,357
103,592
7,449
4,260
34,834
7,222
3,911
5,207
16,759
61,099
8,811
45,733
100,711
7,436
4,241
34,962
0.1
0.0
0.0
0.1
0.4
0.1
0.4
0.8
0.1
0.0
0.3
0.1
0.0
0.0
0.1
0.4
0.1
0.4
0.8
0.1
0.0
0.3
0.1
0.0
0.0
0.1
0.5
0.1
0.4
0.8
0.1
0.0
0.3
0.1
0.0
0.0
0.1
0.5
0.1
0.4
0.8
0.1
0.0
0.3
Palm Bay-Melboume-Titusville, F L .................................
Palm Coast, F L ..................................................................
Panama City-Lynn Haven-Panama City Beach, F L ......
Parkersburg-Marietta-Vienna, WV-OH...........................
Pascagoula, MS.................................................................
Pensacola-Ferry Pass-Brent, FL.....................................
Peoria, IL.............................................................................
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD........
Phoenix-Mesa-Glendale, AZ............................................
Pine Bluff, AR.....................................................................
Pittsburgh, PA....................................................................
Pittsfield, MA......................................................................
Pocatello, ID.......................................................................
Portland-South Portland-Biddeford, ME.........................
Portland-Vancouver-Hillsboro, OR-W A..........................
Port St. Lucie, F L ...............................................................
Poughkeepsie-Newburgh-Middletown, NY.....................
Prescott, A Z .......................................................................
Providence-New Bedford-Fall River, RI-MA...................
Provo-Orem, UT.................................................................
Pueblo, C O ........................................................................
Punta Gorda, F L ................................................................
17,563
1,422
6,141
5,194
5,312
13,343
15,935
309,498
187,243
2,952
103,504
5,217
2,460
23,501
110,890
11,528
19,971
4,695
62,773
12,937
3,613
3,630
18,393
1,363
6,358
5,363
5,930
13,753
16,945
324,397
196,615
3,005
108,386
5,197
2,642
24,305
116,861
12,142
20,518
4,932
63,822
14,354
3,856
3,534
18,555
1,301
6,525
5,563
7,373
13,718
17,671
332,081
196,850
3,106
111,738
5,167
2,757
24,910
119,445
11,438
21,026
4,814
64,666
14,658
4,091
3,414
18,464
1,304
6,489
5,640
7,669
13,905
17,136
335,112
190,725
3,139
111,597
5,170
2,679
25,201
117,006
11,041
21,499
4,552
64,341
14,414
4,157
3,241
0.1
0.0
0.1
0.0
0.0
0.1
0.1
2.6
1.6
0.0
0.9
0.0
0.0
0.2
0.9
0.1
0.2
0.0
0.5
0.1
0.0
0.0
0.1
0.0
0.1
0.0
0.0
0.1
0.1
2.6
1.6
0.0
0.9
0.0
0.0
0.2
0.9
0.1
0.2
0.0
0.5
0.1
0.0
0.0
0.1
0.0
0.1
0.0
0.1
0.1
0.1
2.6
1.5
0.0
0.9
0.0
0.0
0.2
0.9
0.1
0.2
0.0
0.5
0.1
0.0
0.0
0.1
0.0
0.1
0.0
0.1
0.1
0.1
2.7
1.5
0.0
0.9
0.0
0.0
0.2
0.9
0.1
0.2
0.0
0.5
0.1
0.0
0.0
Racine, W l..........................................................................
Raleigh-Cary, N C ...............................................................
Rapid City, SD
Reading, PA
Redding, CA
Reno-Sparks, NV
Richmond, VA
Riverside-San Bernardino-Ontario, CA..........................
6,592
46,892
4,395
13,980
5,406
19,341
58,099
112,559
6,767
50,912
4,609
14,447
5,493
20,839
60,297
115,207
6,557
53,046
4,878
14,682
5,312
20,565
61,557
113,705
6,423
52,556
5,071
14,588
5,157
19,546
61,447
110,565
0.1
0.4
0.0
0.1
0.0
0.2
0.5
0.9
0.1
0.4
0.0
0.1
0.0
0.2
0.5
0.9
0.1
0.4
0.0
0.1
0.0
0.2
0.5
0.9
0.1
0.4
0.0
0.1
0.0
0.2
0.5
0.9
2009*
2006
2006
Las Cruces, N M .................................................................
Las Vegas-Paradise, N V ..................................................
Lawrence, KS.....................................................................
Lawton, O K ........................................................................
Lebanon, PA.......................................................................
Lewiston, ID-W A................................................................
Lewiston-Auburn, ME........................................................
Lexington-Fayette, KY.......................................................
Lima, OH.............................................................................
Lincoln, N E ........................................................................
Little Rock-North Little Rock-Conway, AR......................
Logan, UT-ID......................................................................
Longview, T X .....................................................................
Longview, W A ....................................................................
Los Angeles-Long Beach-Santa Ana, CA......................
Louisville-Jefferson County, KY-IN..................................
Lubbock, TX .......................................................................
Lynchburg, VA....................................................................
March 2011
55
S u r v e y o f C u r r e n t B u sin e s s
Table 5. Gross Domestic Product by Metropolitan Area in Current Dollars, 2006-2009—Table Ends
Millions of dollars
2006
2007
2008
Percent of U.S. metropolitan portion total
2009*
2007
2006
2008
2009*
Roanoke, VA......................................................................
Rochester, M N ...................................................................
Rochester, NY....................................................................
Rockford, IL........................................................................
Rocky Mount, NC..............................................................
Rome, G A ..........................................................................
12,141
8,257
42,868
11,865
5,278
3,006
12,692
8,475
43,280
12,303
5,320
3,069
12,996
8,659
43,391
12,220
5,363
3,146
12,880
8,854
43,517
11,623
5,193
3,085
0.1
0.1
0.4
0.1
0.0
0.0
0.1
0.1
0.3
0.1
0.0
0.0
0.1
0.1
0.3
0.1
0.0
0.0
0.1
0.1
0.3
0.1
0.0
0.0
Sacramento-Arden-Arcade-Roseville, C A .....................
Saginaw-Saginaw Township North, M l..........................
St. Cloud, M N ....................................................................
St. George, UT...................................................................
St. Joseph, MO-KS...........................................................
St. Louis, MO-IL.................................................................
Salem, OR
Salinas, CA
Salisbury, MD
Salt Lake City, UT
San Angelo, TX
San Antonio-New Braunfels, T X .....................................
San Diego-Carlsbad-San Marcos, C A ...........................
Sandusky, OH
San Francisco-Oakland-Fremont, C A ............................
San Jose-Sunnyvale-Santa Clara, C A ...........................
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, C A ...............................................
Savannah, GA
Scranton-Wilkes-Barre, PA...............................................
Seattle-Tacoma-Bellevue, WA.........................................
Sebastian-Vero Beach. F L ...............................................
Sheboygan, Wl
Sherman-Demson, TX
Shreveport-Bossier City, LA .............................................
Sioux City, IA-NE-SD
Sioux Falls, S D ..................................................................
South Bend-Mishawaka, IN-M I........................................
Spartanburg, SC ................................................................
Spokane, W A .....................................................................
Springfield, IL
Springfield, M A ..................................................................
Springfield, MO
Springfield, OH
State College, PA
Ste ubenvi lie-Wei rton, OH-W V........................................
Stockton, C A ......................................................................
Sumter, S C ........................................................................
Syracuse, N Y .....................................................................
93,298
6,707
7,101
3,413
3,819
119,008
11,664
17,542
3,899
57,323
3,334
70,572
159,813
3,092
305,182
139,141
10,497
18,548
9,829
6,431
19,881
12,436
17,769
202,414
4,245
4,944
3,118
18,853
5,414
13,710
11,583
9,745
16,456
8,305
20,834
13,563
3,517
5,061
3,394
18,955
2,944
24,536
95,673
6,685
7,192
3,623
4,148
123,544
12,093
17,854
4,073
62,537
3,480
75,704
167,050
2,992
322,423
149,132
10,839
19,275
10,096
6,754
20,329
12,999
18,590
221,128
4,509
5,123
3,148
18,707
5,849
14,425
12,013
10,208
17,436
8,679
21,546
14,064
3,543
5,341
3,597
19,967
3,036
25,638
95,330
6,322
7,432
3,538
4,208
128,318
12,398
18,203
4,158
64,613
3,704
77,820
172,397
2,931
338,898
151,926
10,818
19,563
9,908
7,027
20,362
12,955
18,826
229,159
4,448
4,993
3,191
19,776
6,334
15,362
12,137
10,288
17,685
8,984
22,268
14,201
3,571
5,591
3,903
19,856
3,026
26,013
94,391
6,239
7,595
3,418
4,312
124,558
12,386
17,510
4,129
65,221
3,628
77,712
171,471
2,845
335,563
147,370
10,824
19,433
9,969
6,670
19,603
12,921
19,079
228,797
4,172
4,879
3,220
19,217
6,300
16,123
11,741
9,952
17,720
9,275
22,514
14,191
3,607
5,693
3,664
19,698
2,988
26,352
0.8
0.1
0.1
0.0
0.0
1.0
0.1
0.1
0.0
0.5
0.0
0.6
1.3
0.0
2.5
1.2
0.1
0.2
0.1
0.1
0.2
0.1
0.1
1.7
0.0
0.0
0.0
0.2
0.0
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.0
0.0
0.0
0.2
0.0
0.2
0.8
0.1
0.1
0.0
0.0
1.0
0.1
0.1
0.0
0.5
0.0
0.6
1.3
0.0
2.6
1.2
0.1
0.2
0.1
0.1
0.2
0.1
0.1
1.8
0.0
0.0
0.0
0.1
0.0
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.0
0.0
0.0
0.2
0.0
0.2
0.7
0.0
0.1
0.0
0.0
1.0
0.1
0.1
0.0
0.5
0.0
0.6
1.3
0.0
2.6
1.2
0.1
0.2
0.1
0.1
0.2
0.1
0.1
1.8
0.0
0.0
0.0
0.2
0.0
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.0
0.0
0.0
0.2
0.0
0.2
0.7
0.0
0.1
0.0
0.0
1.0
0.1
0.1
0.0
0.5
0.0
0.6
1.4
0.0
2.7
1.2
0.1
0.2
0.1
0.1
0.2
0.1
0.2
1.8
0.0
0.0
0.0
0.2
0.0
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.0
0.0
0.0
0.2
0.0
0.2
Tallahassee, FL..................................................................
Tampa-St. Petersburg-Clearwater, FL.............................
Terre Haute, IN...................................................................
Texarkana, TX-Texarkana, A R .........................................
Toledo, O H .........................................................................
Topeka, KS.........................................................................
Trenton-Ewing, NJ.............................................................
Tucson, A Z .........................................................................
Tulsa, O K ............................................................................
Tuscaloosa, AL...................................................................
Tyler, T X ..............................................................................
12,169
110,115
5,148
3,963
26,078
8,097
23,570
30,673
41,260
7,606
7,526
13,097
113,860
5,522
4,193
26,618
8,688
24,321
32,579
43,337
8,148
7,950
13,190
112,583
5,570
4,258
26,204
8,955
25,819
33,149
46,794
8,491
8,420
13,127
111,377
5,514
4,294
25,397
9,174
25,409
32,697
47,066
8,338
7,948
0.1
0.9
0.0
0.0
0.2
0.1
0.2
0.3
0.3
0.1
0.1
0.1
0.9
0.0
0.0
0.2
0.1
0.2
0.3
0.3
0.1
0.1
0.1
0.9
0.0
0.0
0.2
0.1
0.2
0.3
0.4
0.1
0.1
0.1
0.9
0.0
0.0
0.2
0.1
0.2
0.3
0.4
0.1
0.1
Utica-Rome, NY................................................................
8,250
8,556
8,626
8,801
0.1
0.1
0.1
0.1
Valdosta, G A......................................................................
Vallejo-Fairfield, CA...........................................................
Victoria, T X ........................................................................
Vineland-Millville-Bridgeton, N J......................................
Virginia Beach-Norfolk-Newport News, VA-NC.............
Visalia-Porterville, C A .......................................................
3,759
13,148
4,735
4,602
72,813
10,236
3,966
13,703
4,907
4,721
76,443
11,623
4,184
14,417
5,060
4,894
78,290
11,609
4,190
15,765
4,618
4,873
79,600
10,457
0.0
0.1
0.0
0.0
0.6
0.1
0.0
0.1
0.0
0.0
0.6
0.1
0.0
0.1
0.0
0.0
0.6
0.1
0.0
0.1
0.0
0.0
0.6
0.1
Waco, T X ...........................................................................
Warner Robins, GA...........................................................
Washington-Arlington-Alexandria, DC-VA-MD-WV......
Waterloo-Cedar Falls, IA..................................................
Wausau, W l.......................................................................
Wenatchee-East Wenatchee, WA...................................
Wheeling, WV-OH.............................................................
Wichita, KS ......
Wichita Falls, TX
Williamsport, PA.
Wilmington, NC..
Winchester, VA-WV
Winston-Salem, NC
Worcester, M A ...................................................................
7,202
4,722
366,628
6,825
5,411
3,331
4,551
25,560
5,248
3,419
12,005
4,689
20,939
26,775
7,563
4,976
384,141
7,313
5,631
3,476
4,716
27,795
5,521
3,519
12,922
4,701
20,858
27,593
7,824
5,036
398,505
7,484
5,496
3,639
5,044
27,602
5,940
3,548
13,295
4,649
21,039
28,274
8,076
5,307
407,463
7,699
5,228
3,672
5,129
26,967
5,487
3,568
13,170
4,666
20,785
28,043
0.1
0.0
3.1
0.1
0.0
0.0
0.0
0.2
0.0
0.0
0.1
0.0
0.2
0.2
0.1
0.0
3.1
0.1
0.0
0.0
0.0
0.2
0.0
0.0
0.1
0.0
0.2
0.2
0.1
0.0
3.1
0.1
0.0
0.0
0.0
0.2
0.0
0.0
0.1
0.0
0.2
0.2
0.1
0.0
3.2
0.1
0.0
0.0
0.0
0.2
0.0
0.0
0.1
0.0
0.2
0.2
Yakima, W A........................................................................
York-Hanover, PA..............................................................
Youngstown-Warren-Boardman, OH-PA........................
Yuba City, C A .....................................................................
Yuma, A Z ............................................................................
6,575
13,720
17,409
4,265
4,692
7,089
14,434
17,542
4,437
5,204
7,503
14,803
17,078
4,651
5,060
7,495
14,754
16,225
4,655
4,772
0.1
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.0
0.0
0.1
0.1
0.1
0.0
0.0
* Advance statistics
56
Gross Domestic Product by Metropolitan Area
March 2011
Table 6. Real Gross Domestic Product by Metropolitan Area, 2006-2009—Continues
[Millions of chained (2005) dollars]
2007
2006
2008
2009*
U.S. m etropolitan p o rtio n ..........................................................................
11,600,878
11,836,487
11,789,658
11,504,593
Abilene, T X ....................................................................................................
Akron, O H ......................................................................................................
Albany, GA...
Albany-Schenectady-Troy, NY.....................................................................
Albuquerque, NM
Alexandria, LA
Allentown-Bethlehem-Easton, PA-NJ.........................................................
Altoona, PA..
Amarillo, T X .
Ames, IA .....
Anchorage, AK
Anderson, IN
Anderson, S C ...............................................................................................
Ann Arbor, M l.................................................................................................
Anniston-Oxford, AL
Appleton, Wl
Asheville, NC
Athens-Clarke County, GA
Atlanta-Sandy Springs-Marietta, G A .........................................................
Atlantic City-Hammonton, NJ......................................................................
Auburn-Opelika, AL
Augusta-Richmond County, GA-SC...........................................................
Austin-Round Rock-San Marcos, T X .........................................................
4,570
25,327
4,564
35,102
33,819
4,487
26,116
3,660
8,143
3,316
22,204
3,170
4,304
16,966
3,325
8,794
12,134
5,559
250,230
13,037
3,154
16,339
71,804
4,810
25,587
4,560
34,880
33,283
4,560
26,638
3,775
8,565
3,339
22,591
3,035
4,302
17,326
3,478
8,984
12,282
5,693
257,578
12,785
3,229
16,465
74,002
4,819
25,428
4,492
35,264
33,679
4,559
26,321
3,729
8,817
3,434
22,661
2,914
4,238
16,420
3,537
8,767
12,122
5,767
253,202
12,485
3,252
16,497
76,000
4,741
24,249
4,396
35,244
33,229
4,453
25,586
3,763
8,889
3,413
24,631
2,831
3,902
15,922
3,381
8,462
11,398
5,500
241,590
11,629
3,169
16,123
75,136
Bakersfield-Delano, CA................................................................................
Baltimore-Towson, MD.................................................................................
Bangor, M E....................................................................................................
Barnstable Town, M A ...................................................................................
Baton Rouge, L A ..........................................................................................
Battle Creek, M l............................................................................................
Bay City, M l....................................................................................................
Beaumont-Port Arthur, T X ...........................................................................
Bellingham, W A ............................................................................................
Bend, O R.......................................................................................................
Billings, M T ....................................................................................................
Binghamton, NY............................................................................................
Birmingham-Hoover, AL...............................................................................
Bismarck, ND.................................................................................................
Blacksburg-Christiansburg-Radford, V A ....................................................
Bloomington, IN ............................................................................................
Bloomington-Normal, IL ...............................................................................
Boise City-Nampa, ID ..................................................................................
Boston-Cambridge-Quincy, MA-NH...........................................................
Boulder, C O ...................................................................................................
Bowling Green, K Y .......................................................................................
Bremerton-Silverdale, W A ...........................................................................
Bridgeport-Stamford-Norwalk, C T .............................................................
Brownsville-Harlingen, T X ...........................................................................
Brunswick, G A ..............................................................................................
Buffalo-Niagara Falls, NY.............................................................................
Burlington, N C ..............................................................................................
Burlington-South Burlington, V T .................................................................
25,243
124,002
4,950
7,899
36,003
4,489
2,620
13,921
6,974
6,043
6,208
7,049
48,748
3,926
4,763
5,329
8,046
23,739
269,021
15,944
4,039
7,936
75,814
6,353
3,108
39,575
4,249
9,504
26,337
125,665
4,981
7,688
34,333
4,496
2,615
15,027
7,223
6,062
6,709
7,445
49,582
3,950
4,966
5,372
7,918
24,766
275,497
16,990
4,124
7,878
76,910
6,646
3,070
39,548
4,203
9,399
26,367
126,091
4,975
7,552
33,792
4,497
2,600
13,982
7,089
5,883
6,302
7,698
49,930
4,029
4,828
5,490
7,751
24,714
277,548
17,239
4,215
7,910
74,220
6,801
3,020
39,397
4,129
9,717
27,425
124,636
4,922
7,388
34,938
4,244
2,518
14,331
7,305
5,467
6,665
7,537
48,569
4,161
4,528
5,517
8,074
23,568
272,452
16,481
3,964
7,813
70,880
6,748
2,832
38,740
3,705
9,685
Canton-Massillon, OH..................................................................................
Cape Coral-Fort Myers, F L ..........................................................................
Cape Girardeau-Jackson, MO-IL................................................................
Carson City, N V ............................................................................................
Casper, W Y....................................................................................................
Cedar Rapids, IA ..........................................................................................
Champaign-Urbana, IL ................................................................................
Charleston, WV.............................................................................................
Charleston-North Charleston-Summerville, SC.......................................
Charlotte-Gastonia-Rock Hill, NC-SC........................................................
Charlottesville, VA.........................................................................................
Chattanooga, TN-GA....................................................................................
Cheyenne, W Y ..............................................................................................
Chicago-Joliet-Naperville, IL-IN-W I...........................................................
Chico, C A.......................................................................................................
Cincinnati-Middletown, OH-KY-IN...............................................................
Clarksville, TN-KY.........................................................................................
Cleveland, T N ...............................................................................................
Cleveland-Elyria-Mentor, O H ......................................................................
Coeur d’Alene, ID .........................................................................................
College Station-Bryan, T X ...........................................................................
Colorado Springs, CO..................................................................................
Columbia, M O................................................................................................
Columbia, SC.................................................................................................
Columbus, GA-AL.........................................................................................
Columbus, IN .................................................................................................
Columbus, O H ..............................................................................................
Corpus Christi, T X ........................................................................................
Corvallis, OR..................................................................................................
Crestview-Fort Walton Beach-Destin, FL..................................................
Cumberland, MD-WV...................................................................................
12,099
21,216
2,949
2,684
5,394
11,497
7,347
12,530
23,330
105,204
8,138
19,369
3,947
481,952
5,564
90,365
8,390
3,203
97,102
3,826
5,397
22,160
5,749
27,846
10,025
3,692
83,438
14,131
4,503
8,932
2,229
12,062
20,624
3,043
2,761
5,219
12,707
7,486
12,652
24,326
105,828
8,196
19,675
4,140
490,474
5,616
91,723
8,387
3,187
97,738
4,011
5,552
22,571
5,773
28,403
10,283
3,863
84,964
14,978
4,698
8,697
2,203
12,025
19,115
2,965
2,678
5,571
12,399
7,826
12,893
24,435
105,976
8,219
19,378
4,238
481,561
5,636
91,226
8,678
3,153
96,731
3,995
5,710
22,814
5,816
28,344
10,373
3,987
83,807
14,577
4,685
8,428
2,242
11,373
17,879
2,960
2,529
6,817
12,391
7,952
12,982
23,829
101,291
8,166
18,305
4,511
459,612
5,621
88,677
8,753
2,982
92,868
3,765
5,757
23,061
5,829
27,807
10,443
3,503
82,818
14,474
4,458
8,394
2,277
Dallas-Fort Worth-Arlington, T X .................................................................
Dalton, G A .....................................................................................................
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, CO ...................................................................
Des Moines-West Des Moines, IA .............................................................
Detroit-Warren-Livonia, M l..........................................................................
Dothan, A L.....................................................................................................
326,287
5,520
2,205
2,744
14,930
32,328
4,320
4,770
11,790
136,923
33,242
194,192
4,299
339,738
5,737
2,174
2,709
15,189
32,017
4,451
4,920
11,957
139,706
36,592
194,910
4,341
339,047
5,195
2,183
2,608
15,324
31,354
4,404
5,016
11,421
142,271
34,320
186,285
4,195
335,918
4,739
2,150
2,463
14,855
29,836
4,226
4,584
10,679
142,813
34,712
169,518
4,046
March 2011
57
S u r v e y o f C u r r e n t B u s in e s s
Table 6. Real Gross Domestic Product by Metropolitan Area, 2006-2009—Continues
[Millions of chained (2005) dollars]
2007
2006
Dover, DE.......................................................................................................
Dubuque, IA
Duluth, M N-W I..............................................................................................
Durham-Chapel Hill, N C ..............................................................................
2008
2009*
5,278
3,830
8,409
30,679
5,377
3,910
8,498
32,938
5,207
3,876
8,451
32,813
5,063
3,681
8,233
32,328
Eau Claire, W l...............................................................................................
El Centro, C A ................................................................................................
Elizabethtown, KY.........................................................................................
Elkhart-Goshen, IN
Elmira, NY.............
El Paso, T X ...........
Erie, PA..................
Eugene-Springfield, OR
Evansville, IN-KY..
5,690
3,917
4,065
10,004
2,425
22,965
8,421
10,917
14,735
5,742
3,918
3,982
10,402
2,453
23,565
8,607
11,281
14,672
5,736
3,956
4,010
9,343
2,534
23,342
8,679
11,227
14,548
5,585
3,884
4,087
7,634
2,412
23,610
8,245
10,391
14,068
Fairbanks, A K ...............................................................................................
Fargo, ND-MN...............................................................................................
Farmington, N M ............................................................................................
Fayetteville, N C .............................................................................................
Fayetteville-Springdale-Rogers, AR-M O....................................................
Flagstaff, AZ...................................................................................................
Flint, M l..............................
Florence, S C .....................
Florence-Muscle Shoals, AL
Fond du Lac, W l...............
Fort Collins-Loveland, CO
Fort Smith, AR-OK.......................................................................................
Fort Wayne, IN ..............................................................................................
Fresno, C A .....................................................................................................
4,323
8,814
5,076
13,056
16,028
4,216
11,959
6,481
3,496
3,378
10,052
9,175
16,466
27,365
4,252
9,101
5,184
13,547
16,005
4,555
11,759
6,659
3,520
3,442
10,413
8,924
16,843
27,298
4,473
9,591
4,936
14,204
16,214
4,454
10,869
6,444
3,543
3,412
10,493
8,945
16,333
27,262
4,727
9,761
4,838
14,685
16,021
4,277
10,025
6,155
3,565
3,120
10,244
8,763
15,584
26,179
Gadsden, A L.................................................................................................
Gainesville, FL
Gainesville, GA
Glens Falls, NY
Goldsboro, NC
Grand Forks, ND-MN
Grand Junction, CO
Grand Rapids-Wyoming, M l........................................................................
Great Falls, M T .............................................................................................
Greeley, CO
Green Bay, Wl
Greensboro-High Point, N C ........................................................................
Greenville, NC
Greenville-Mauldin-Easley, S C ...................................................................
Gulfport-Biloxi, MS
2,352
8,710
5,859
3,448
3,554
3,337
3,961
31,855
2,567
6,360
13,349
30,307
5,144
22,395
8,483
2,385
9,158
5,995
3,432
3,539
3,367
4,326
31,599
2,586
6,584
13,506
30,699
5,469
23,451
9,041
2,378
9,049
5,949
3,445
3,416
3,522
4,732
30,216
2,596
6,714
13,366
30,506
5,450
23,433
9,134
2,265
8,919
5,519
3,396
3,309
3,421
4,402
28,662
2,587
6,400
12,946
28,654
5,323
22,184
8,953
Hagerstown-Martinsburg, MD-WV.............................................................
Hanford-Corcoran, C A .................................................................................
Harrisburg-Carlisle, PA.................................................................................
Harrisonburg, VA..............
Hartford-West Hartford-East Hartford, C T ................................................
Hattiesburg, M S ...............
Hickory-Lenoir-Morganton, NC
Hinesville-Fort Stewart, GA
Holland-Grand Haven, Ml
Honolulu, H I......................
Hot Springs, A R ............................................................................................
Houma-Bayou Cane-Thibodaux, LA ..........................................................
Houston-Sugar Land-Baytown, T X ............................................................
Huntington-Ashland, WV-KY-OH................................................................
Huntsville, A L................................................................................................
7,304
3,638
24,877
5,033
71,188
4,134
11,372
2,510
8,899
43,963
2,398
7,783
318,922
8,471
17,245
7,250
3,888
25,425
5,226
75,371
4,224
11,009
2,592
8,748
44,588
2,377
8,399
342,852
8,517
17,551
7,205
3,814
25,227
5,092
73,830
4,194
10,454
2,841
8,404
45,320
2,344
8,834
336,700
8,878
18,260
6,991
3,654
25,300
5,030
72,207
4,153
9,358
2,871
7,555
44,733
2,298
8,945
344,741
9,416
18,470
Idaho Falls, ID ...............................................................................................
Indianapolis-Carmel, IN ...............................................................................
Iowa City, IA ..................................................................................................
Ithaca, N Y......................................................................................................
3,295
90,252
6,250
3,316
3,532
92,110
6,479
3,313
3,610
91,235
6,602
3,408
3,482
88,005
6,644
3,317
Jackson, M l...................................................................................................
Jackson, M S .................................................................................................
Jackson, T N ..................................................................................................
Jacksonville, FL.............................................................................................
Jacksonville, NC............................................................................................
Janesville, W l................................................................................................
Jefferson City, MO.........................................................................................
Johnson City, TN...........................................................................................
Johnstown, PA..............................................................................................
Jonesboro, A R ..............................................................................................
Joplin, MO......................................................................................................
4,479
21,002
4,232
56,385
5,361
5,015
5,081
5,301
3,480
3,543
5,043
4,577
21,450
4,062
56,464
5,759
4,942
5,085
5,300
3,557
3,487
5,025
4,444
21,733
4,083
54,627
6,345
4,731
5,163
5,397
3,613
3,633
4,979
4,090
21,670
3,863
52,650
7,153
4,364
5,092
5,246
3,576
3,535
4,849
Kalamazoo-Portage, M l...............................................................................
Kankakee-Bradley, IL ...................................................................................
Kansas City, M O-KS....................................................................................
Kennewick-Pasco-Richland, WA.................................................................
Killeen-Temple-Fort Hood, T X ....................................................................
Kingsport-Bristol-Bristol, TN-VA.................................................................
Kingston, NY..................................................................................................
Knoxville, TN ..................................................................................................
Kokomo, IN ....................................................................................................
10,773
2,795
93,064
7,639
11,727
8,655
4,285
26,841
4,217
11,061
2,800
95,826
8,146
12,430
8,709
4,294
26,727
4,487
10,852
2,787
96,341
8,372
13,033
8,509
4,248
27,224
4,024
10,393
2,726
94,163
8,936
13,467
8,041
4,134
26,122
3,220
La Crosse, W I-M N ........................................................................................
Lafayette, IN...................................................................................................
Lafayette, LA ..................................................................................................
Lake Charles, L A ..........................................................................................
Lake Havasu City-Kingman, A Z ..................................................................
Lakeland-Winter Haven, F L ........................................................................
Lancaster, PA................................................................................................
Lansing-East Lansing, M l............................................................................
Laredo, T X .....................................................................................................
Las Cruces, N M ............................................................................................
4,745
6,993
13,132
13,936
3,756
15,572
17,388
17,471
5,104
4,521
4,795
7,152
13,859
11,198
3,779
15,561
17,416
17,549
5,251
4,665
4,852
7,226
13,849
10,459
3,560
15,349
17,216
17,100
5,274
4,828
4,842
6,830
14,490
11,240
3,268
14,617
16,684
16,260
5,179
4,877
Gross Domestic Product by Metropolitan Area
March 2011
Table 6. Real Gross Domestic Product by Metropolitan Area, 2006-2009—Continues
[Millions of chained (2005) dollars]
2006
2007
2008
2009*
Las Vegas-Paradise, N V ..............................................................................
Lawrence, KS.............................................................................................
.........
Lawton, OK.
Lebanon, PA,
...............................................
Lewiston, ID-WA
Lewiston-Auburn, ME...................................................................................
Lexington-Fayette KY
Lima, OH.....
Lincoln, N E .
Little Rock-North Little Rock-Conway, AR..................................................
Logan, UT-ID
Longview, TX
Longview, WA
Los Angeles-Long Beach-Santa Ana, CA.................................................
Louisville-Jefferson County, KY-IN.............
Lubbock, TX ..................................................
Lynchburg, VA...............................................................................................
89,025
3,102
3,637
3,103
1,724
3,407
20,960
4,192
12,565
28,119
2,718
7,545
2,742
686,810
51,833
8,531
7,626
91,485
3,199
3,736
3,202
1,742
3,488
21,246
4,105
12,691
29,557
2,920
7,947
2,783
693,944
52,826
8,592
7,663
89,008
3,217
3,798
3,192
1,751
3,495
21,325
3,783
12,395
29,276
3,042
8,127
2,651
695,513
52,264
8,805
7,670
82,255
3,258
3,980
3,142
1,688
3,413
20,294
3,670
12,292
29,967
2,995
7,705
2,520
671,520
50,541
9,000
7,351
Macon, G A.....................................................................................................
Madera-Chowchilla, C A ...............................................................................
Madison, W l............
Manchester-Nashua, NH
Manhattan, KS,,
Mankato-North Mankato, MN
Mansfield, OH
McAllen-Edinburg-Mission, TX....................................................................
Medford, O R ...........
Memphis, TN-MS-AR...................................................................................
Merced, C A....................................................................................................
Miami-Fort Lauderdale-Pompano Beach, FL............................................
Michigan City-La Porte, IN ..............
Midland, TX......................................
Milwaukee-Waukesha-West Allis, Wl
Minneapolis-St. Paul-Bloomington, MN-WI
Missoula, M T ....................................
Mobile, A L.........................................
Modesto, C A ..................................................................................................
Monroe, LA.
Monroe, Ml...
Montgomery, AL
Morgantown, WV
Morristown, T N .............................................................................................
Mount Vernon-Anacortes, W A ....................................................................
Muncie, IN...,
Muskegon-Norton Snores, M l.....................................................................
Myrtle Beach-North Myrtle Beach-Conway, SC........................................
7,243
3,306
30,351
19,088
4,038
3,538
3,906
11,417
6,118
59,245
5,483
245,877
3,166
7,807
76,806
176,857
4,025
13,593
14,405
5,817
3,760
13,515
4,366
3,312
4,648
3,206
4,471
8,981
6,994
3,328
31,365
19,368
4,485
3,373
3,752
11,865
6,120
59,741
5,996
248,601
3,234
8,350
77,374
178,561
4,173
13,838
14,272
5,773
3,705
13,509
4,449
3,237
4,595
3,089
4,376
9,309
7,043
3,273
31,540
20,002
4,834
3,454
3,721
11,990
5,834
58,629
5,598
241,032
3,186
8,746
77,977
178,787
4,177
13,995
13,868
5,681
3,470
13,595
4,636
3,155
4,558
3,087
4,231
9,148
6,723
3,108
31,700
19,478
4,997
3,328
3,398
11,724
5,530
56,392
5,262
230,213
3,003
9,230
75,263
173,215
4,088
13,983
13,140
5,682
3,114
13,286
4,719
2,867
4,765
2,965
3,976
8,446
Napa, C A .......................................................................................................
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, FL...........................................................
Norwich-New London, CT............................................................................
6,616
13,925
71,000
35,897
62,908
1,120,164
4,937
24,171
12,875
6,733
13,585
71,654
36,377
60,544
1,143,685
5,136
23,606
12,950
6,622
12,339
72,707
36,036
58,989
1,138,904
5,007
22,014
12,924
6,257
11,346
69,298
34,924
64,063
1,093,418
4,705
20,771
12,584
Ocala, F L .......................................................................................................
Ocean City, N J ..............................................................................................
Odessa, T X ....................................................................................................
Ogden-Clearfield, UT....................................................................................
Oklahoma City, O K .
Olympia, W A...........
Omaha-Council Bluffs, NE -IA .....................................................................
Orlando-Kissimmee-Sanford, F L ................................................................
Oshkosh-Neenah, Wl
Owensboro, K Y ......
Oxnard-Thousand Oaks-Ventura, C A ........................................................
7,320
3,737
3,673
4,297
14,907
49,640
7,623
40,775
95,552
6,953
3,869
33,560
4,971
15,289
50,404
7,929
42,051
97,736
7,035
3,696
34,092
7,130
3,626
5,218
15,173
51,994
7,923
41,777
95,725
6,987
3,799
31,914
6,540
3,491
4,709
15,020
59,532
7,824
41,207
91,400
6,640
3,789
31,937
Palm Bay-Melbourne-Titusville, F L ............................................................
Palm Coast, F L .............................................................................................
Panama City-Lynn Haven-Panama City Beach, F L .................................
Parkersburg-Marietta-Vienna, WV-OH.......................................................
Pascagoula, MS............................................................................................
Pensacola-Ferry Pass-Brent, FL
Peoria, IL...............................
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD...................................
Phoenix-Mesa-Glendale, AZ
Pine Bluff, AR.......................
Pittsburgh, PA ......................
Pittsfield, M A..................................................................................................
Pocatello, ID...................................................................................................
Portland-South Portland-Biddeford, ME.....................................................
Portland-Vancouver-Hillsboro, OR-WA
Port St. Lucie, F L ............................
Poughkeepsie-Newburgh-Middletown, NY
Prescott, A Z ......................................
Providence-New Bedford-Fall River, RI-MA..............................................
Provo-Orem, UT...............................
Pueblo, C O ......................................
PuntaGorda, F L ...........................................................................................
17,154
1,370
5,914
4,975
4,962
12,823
15,442
299,981
181,763
2,836
99,301
5,022
2,402
22,769
109,621
11,065
19,429
4,486
60,747
12,453
3,447
3,496
17,676
1,276
5,930
5,004
5,240
12,774
15,919
306,043
186,128
2,779
100,753
4,855
2,514
22,943
114,886
11,300
19,533
4,534
60,043
13,439
3,557
3,285
17,792
1,196
5,961
5,015
6,416
12,474
16,327
306,404
183,224
2,790
101,517
4,704
2,564
23,065
117,469
10,446
19,731
4,296
59,622
13,472
3,686
3,105
17,359
1,179
5,814
4,939
7,376
12,331
15,165
303,719
174,617
2,734
100,518
4,550
2,438
22,769
114,028
9,825
19,729
4,017
58,011
13,064
3,681
2,890
Racine, W l.....................................................................................................
Raleigh-Cary, NC
Rapid City, SD
Reading, PA
Redding, CA
Reno-Sparks, NV
Richmond, VA ...............................................................................................
Riverside-San Bernardino-Ontario, CA......................................................
Roanoke, VA ..................................................................................................
Rochester, M N ..............................................................................................
6,412
45,543
4,255
13,394
5,215
18,663
56,358
108,493
11,783
8,146
6,435
48,281
4,330
13,405
5,144
19,477
56,773
107,709
12,023
8,156
6,030
49,221
4,497
13,312
4,868
18,842
56,559
104,054
12,061
8,230
5,609
47,626
4,586
13,035
4,621
17,544
55,275
98,942
11,594
8,225
7,310
March 2011
59
S u r v e y o f C u r r e n t B u s in e s s
Table 6. Real Gross Domestic Product by Metropolitan Area, 2006-2009—Table Ends
[Millions of chained (2005) dollars]
2006
2007
2008
2009*
Rochester, NY...............................................................................................
Rockford, IL....................................................................................................
Rocky Mount, NC..........................................................................................
Rome, G A ......................................................................................................
41,628
11,596
5,194
2,920
40,966
11,747
5,135
2,922
39,996
11,491
5,020
2,921
38,825
10,367
4,733
2,747
Sacramento-Arden-Arcade-Roseville, C A ................................................
Saginaw-Saginaw Township North, M l......................................................
St. Cloud, M N ...............................................................................................
St. George, UT..............................................................................................
St. Joseph, MO-KS......................................................................................
St. Louis, MO-IL............................................................................................
Salem, O R ....................................................................................................
Salinas, C A ...................................................................................................
Salisbury, MD................................................................................................
Salt Lake City, U T ........................................................................................
San Angelo, TX .............................................................................................
San Antonio-New Braunfels, T X .................................................................
San Diego-Carlsbad-San Marcos, C A .......................................................
Sandusky, O H ...............................................................................................
San Francisco-Oakland-Fremont, C A ........................................................
San Jose-Sunnyvale-Santa Clara, C A.......................................................
San Luis Obispo-Paso Robles, C A ............................................................
Santa Barbara-Santa Maria-Goleta, C A ....................................................
Santa Cruz-Watsonville, C A .......................................................................
Santa Fe, NM................................................................................................
Santa Rosa-Petaluma, C A..........................................................................
Savannah, GA...............................................................................................
Scranton-Wilkes-Barre, PA..........................................................................
Seattle-Tacoma-Bellevue, WA.....................................................................
Sebastian-Vero Beach, FL..........................................................................
Sheboygan, W l.............................................................................................
Sherman-Denison, T X .................................................................................
Shreveport-Bossier City, LA ........................................................................
Sioux City, IA-NE-SD...................................................................................
Sioux Falls, S D .............................................................................................
South Bend-Mishawaka, IN-M I...................................................................
Spartanburg, SC ...........................................................................................
Spokane, W A ................................................................................................
Springfield, IL................................................................................................
Springfield, M A .............................................................................................
Springfield, M O.............................................................................................
Springfield, O H .............................................................................................
State College, PA..........................................................................................
Steubenville-Weirton, OH-W V....................................................................
Stockton, C A .................................................................................................
Sumter, S C ....................................................................................................
Syracuse, N Y................................................................................................
90,438
6,579
6,873
3,292
3,717
115,107
11,381
17,113
3,790
55,400
3,178
68,173
154,930
3,009
294,210
138,461
10,028
17,988
9,550
6,209
19,356
11,974
17,169
196,495
4,105
4,799
3,063
18,208
5,304
13,474
11,279
9,510
15,878
8,051
20,113
13,191
3,464
4,884
3,117
18,374
2,859
23,659
90,101
6,407
6,716
3,390
3,927
116,078
11,365
16,402
3,833
58,769
3,195
70,974
157,499
2,824
300,605
148,881
9,970
17,981
9,426
6,300
19,275
12,154
17,546
209,724
4,207
4,846
3,068
17,415
5,586
13,826
11,405
9,751
16,348
8,122
20,190
13,341
3,399
4,987
3,178
18,643
2,853
24,088
87,914
6,020
6,805
3,241
3,848
118,084
11,389
16,302
3,831
59,397
3,280
71,087
159,733
2,709
308,917
152,255
9,736
17,812
9,081
6,320
18,896
11,859
17,407
213,892
4,064
4,582
3,081
16,756
5,850
14,381
11,319
9,681
16,270
8,235
20,429
13,180
3,372
5,111
3,378
18,106
2,779
24,018
85,449
5,732
6,826
3,054
3,791
112,117
11,194
16,016
3,723
59,603
3,248
70,466
155,850
2,554
312,003
146,448
9,577
17,732
9,122
6,016
17,782
11,456
17,092
208,839
3,764
4,239
3,049
19,027
5,649
14,988
10,533
8,906
15,954
8,376
19,981
12,784
3,259
5,083
3,232
17,650
2,636
23,629
Tallahassee, FL.............................................................................................
Tampa-St. Petersburg-Clearwater, FL
Terre Haute, IN..................
Texarkana, TX-Texarkana, AR
Toledo, O H .........................
Topeka, KS.........................
Trenton-Ewing, NJ.............
Tucson, A Z ....................................................................................................
Tulsa, O K..
Tuscaloosa, AL
Tyler, TX....
11,753
106,740
4,972
3,817
25,249
7,794
22,782
29,568
39,773
7,333
7,229
12,227
107,464
5,215
3,932
25,054
8,131
22,716
30,456
40,469
7,584
7,393
12,031
104,465
5,108
3,907
24,346
8,182
23,547
30,356
41,594
7,728
7,432
11,715
101,434
4,866
3,839
22,939
8,151
22,704
29,174
44,760
7,498
7,335
7,981
8,033
7,933
7,909
Valdosta, G A .................................................................................................
Vallejo-Fairfield, CA......................................................................................
Victoria, T X ....................................................................................................
Vineland-Millville-Bridgeton, N J..................................................................
Virginia Beach-Norfolk-Newport News, VA-NC........................................
Visalia-Porterville, C A ..................................................................................
3,633
12,527
4,433
4,446
70,367
10,018
3,713
12,522
4,451
4,419
71,618
10,707
3,821
12,823
4,333
4,480
71,792
10,435
3,723
14,242
4,003
4,342
71,201
9,447
Waco, T X .......................................................................................................
Warner Robins, GA.......................................................................................
Washington-Arlington-Alexandria, DC-VA-MD-WV..................................
Waterloo-Cedar Falls, IA
Wausau, W l..........
Wenatchee-East Wenatchee, WA...............................................................
Wheeling, WV-OH.
Wichita, K S ...........
Wichita Falls, TX...
Williamsport, PA....
Wilmington, NC....
Winchester, VA-WV
Winston-Salem, NC
Worcester, M A ..............................................................................................
7,013
4,563
354,687
6,678
5,277
3,229
4,315
24,735
5,027
3,293
11,558
4,569
20,733
25,958
7,224
4,660
360,536
6,948
5,374
3,203
4,309
26,162
5,095
3,309
12,094
4,501
20,357
26,140
7,315
4,600
367,414
6,962
5,162
3,279
4,442
25,435
5,110
3,252
12,157
4,327
19,777
26,373
7,338
4,688
368,793
6,854
4,728
3,348
4,453
24,476
5,178
3,187
11,679
4,165
18,649
25,414
Yakima, W A....................................................................................................
York-Hanover, PA..........................................................................................
Youngstown-Warren-Boardman, OH-PA....................................................
Yuba City, C A ................................................................................................
Yuma, A Z .......................................................................................................
6,442
13,215
16,641
4,118
4,564
6,502
13,551
16,285
4,092
4,781
6,728
13,615
15,583
4,181
4,538
6,940
13,038
14,660
4,245
4,247
Utica-Rome, NY
* Advance statistics
L'.S. D e p a rtm e n t o f C o m m e rc e
Bureau of Econom ic Analysis
— L ji
B EA on the W eb
U.S. Economy at a Glance
Latest statistics
Interactive tables and charts
FAQs
News releases and publications
Resources
www.bea.gov
March 2011
D-1
B EA C urren t and H istorical 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 in e s s and BEA as the source is appreciated.
More detailed estimates from BEA’s accounts are available on BEA’s Web site at www.bea.gov. These estimates are
available in a variety of formats. In addition, news releases, articles, and other information, including methodologies
and working papers, are available.
The tables present annual [A], quarterly [Q], and m onthly [M] data.
N ational D ata
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-4 7
G. Investment 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-related 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
E2 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
1.1 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 estimates
Statistical conventions................................................ D-89
Reconciliation table [A, Q ]........................................D-90
B. Suggested reading ............................................... D-91
March 2011
D-2
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 February 25, 2011. These estim ates include the second estim ates for the
fo u rth quarter o f 2010 and for 2010 annual totals. Also included are revised estim ates o f wages and salaries and
o f affected incom e-side series for the th ird quarter o f 2010 and for their contributions to the 2010 annual totals.
The 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-m ail 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 Incom e
Table 1.1.2. Contributions to Percent Change
in Real Gross Domestic Product
Table 1.1.1. Percent Change From Preceding Period in Real
Gross Domestic Product
[Percent]
Seasonally adjusted at annual rates
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..................................
Net exports of goods and services
Exports............................................
Goods..........................................
S ervices.....................................
Im ports............................................
Goods..........................................
Services.....................................
Government consumption
expenditures and gross
investment.....................................
Federal............................................
National defense........................
Nondefense................................
State and local................................
Addendum:
Gross domestic product, current
dollars..........................................
Line
2010
I
III
II
2009
2010
1
-2.6
2.8
5.0
3.7
1.7
2.6
2.8
2
3
4
5
6
-1.2
-2.0
-3.7
-1.2
-0.8
1.8
4.3
7.6
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
4.1
9.8
21.0
4.8
1.4
7
8
9
10
11
12
13
14
15
16
17
18
19
20
-22.6
-18.3
-17.1
-20.4
-15.3
-22.9
16.8
3.8
5.6
-13.8
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
-22.1
4.8
5.3
4.5
5.5
2.8
-9.5
-12.0
-3.9
-13.8
-15.8
-4.2
11.8
14.7
5.8
12.7
14.8
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
9.6
11.7
5.0
-12.4
-14.1
-3.7
21
22
23
24
25
1.6
5.7
5.4
6.5
-0.9
1.0
4.8
3.9
6.6
-1.4
-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
-1.5
-0.2
-2.1
3.7
-2.4
26
-1.7
3.8
4.7
4.8
3.7
4.6
3.2
Percent change at annual rate:
Gross domestic product........
Percentage points at annual rates:
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................................
2010
2009
IV
IV
I
II
IV
III
1
-2.6
2.8
5.0
3.7
1.7
2.6
2.8
2
3
4
5
6
-0.84
-0.46
-0.27
-0.18
-0.38
1.26
1.00
0.55
0.45
0.26
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
2.88
2.20
1.44
0.76
0.68
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
0.54
-0.43
0.97
-0.07
1.38
-0.48
1.35
1.13
0.21
-1.83
-1.74
-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
-3.13
0.57
0.51
0.11
0.39
0.06
-3.70
3.35
1.18
0.99
0.19
2.17
2.07
0.11
21
22
23
24
25
0.32
0.43
0.27
0.16
-0.11
0.21
0.39
0.22
0.17
-0.18
-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
-0.31
-0.02
-0.12
0.10
-0.29
March 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
Seasonally adjusted
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.........................
Change in private inventories
Net exports of goods and
Exports...................................
Goods.................................
Services.............................
Im ports...................................
Goods.................................
S ervices.............................
Government consumption
expenditures and gross
investment.............................
Federal...................................
National defense................
Nondefense.......................
State and local.......................
1 101.917 104.804
2
3
4
5
6
Line
2010
I
II
103.012 103.960 104.403
III
IV
105.065
105.789
103.797 105.617 104.126 104.608 105.178 105.801 106.881
101.416 105.771 102.533 103.952 104.837 105.898 108.396
99.011 106.581 100.870 103.025 104.735 106.673 111.889
102.487 105.338 103.247 104.321 104.823 105.476 106.732
105.006 105.562 104.936 104.952 105.366 105.775 106.155
/
69.778
8 76.835
9 95.804
10 105.064
11
92.035
12 44.220
13
14
15 114.228
16 112.377
17 118.303
18 91.418
19 88.615
20 106.461
81.478
79.757
101.159
90.524
105.938
42.893
73.000
76.198
94.879
95.310
94.895
44.092
127.698
128.896
125.139
102.987
101.699
110.207
120.569
120.484
120.822
93.874
91.691
105.772
82.474
77.811
76.826 80.219
96.677 100.592
90.761
90.649
99.408 105.067
42.670 45.177
85.400
80.517
103.019
89.848
108.898
41.719
80.230
81.465
104.347
90.837
110.377
42.008
123.858 126.592 128.679 131.662
124.495 127.939 129.762 133.387
122.533 123.708 126.380 127.936
96.401 103.613 107.718 104.215
94.321 102.690 106.881 102.904
107.766 108.916 112.601 111.547
21 107.287 108.384 107.613 107.185 108.228 109.270 108.852
22 117.266 122.899 119.091 119.634 122.276 124.882 124.806
23 117.648 122.280 119.477 119.582 121.732 124.233 123.574
24 116.467 124.192 118.283 119.738 123.410 126.236 127.383
25 101.688 100.263 101.179 100.213 100.367 100.541
99.933
2009
2010
2009
2010
IV
Gross domestic product
Personal consumption
expenditures........................
G oods.....................................
Durable g oo d s...................
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.......................
I
II
III
2
3
4
5
6
109.258
103.634
93.782
109.262
112.233
111.125 110.333 110.901 110.888 111.102 111.608
105.398 105.120 105.784 104.812 105.058 105.939
92.755 92.235 91.714
92.456 93.603 93.121
112.727 111.651 112.949 111.638 112.315 114.006
114.167 113.102 113.620 114.116 114.314 114.616
7
8
9
10
11
12
13
104.873
105.260
105.700
122.187
99.620
102.736
103.035
103.625
103.713
120.443
97.701
102.412
102.895
103.523
103.689
120.755
97.574
101.994
103.527
103.828
103.888
121.838
97.514
102.755
14
15
16
17
18
19
20
105.877
104.403
109.172
105.987
104.908
110.711
110.317 107.424 108.771 110.060 110.122
109.401 106.072 107.565 108.965 109.072
112.316 110.437 111.451 112.480 112.435
112.828 111.222 114.514 112.234 109.892
112.380 110.650 114.497 111.653 108.977
114.772 113.650 114.351 114.813 114.164
112.315
112.001
112.896
114.673
114.391
115.762
21
22
23
24
25
114.644
110.895
111.342
109.984
116.892
116.808
112.743
113.514
111.163
119.269
103.466
104.030
104.144
119.017
98.721
102.712
115.067
111.141
111.590
110.222
117.434
102.952
103.661
103.639
119.291
97.954
102.869
116.358
112.375
113.046
110.997
118.760
102.765
103.487
103.636
119.887
97.764
102.030
116.606 116.706 117.563
112.615 112.756 113.226
113.377 113.529 114.103
111.053 111.170 111.433
119.014 119.083 120.220
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
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.........................
Change in private inventories
Net exports of goods and
services.................................
Exports...................................
Goods.................................
Services.............................
Im ports...................................
Goods.................................
Services............................
Government consumption
expenditures and gross
investment............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
Line
2010
I
II
III
2009
2010
2 10,001.3 10,350.6 10,131.5 10,230.8 10,285.4 10,366.3 10,519.8
3 3,230.7 3,426.7 3,312.9 3,380.0 3,377.5 3,419.6 3,529.6
4 1,026.5 1,089.3 1,043.9 1,060.7 1,074.1 1,087.8 1,134.6
5 2,204.2 2,337.4 2,269.0 2,319.3 2,303.4 2,331.8 2,395.1
6 6,770.6 6,923.9 6,818.6 6,850.9 6,907.9 6,946.7 6,990.1
7
8
9
10
11
12
13
1,589.2
1,716.4
1,364.4
451.6
912.8
352.1
-127.2
1,822.5
1,753.6
1,413.2
382.8
1,030.4
340.4
68.9
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
1,801.5
1,794.7
1,460.2
388.5
1,071.6
334.5
6.8
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
-515.7
1,838.5
1,277.7
560.7
2,354.1
1,949.6
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
-493.0
1,929.4
1,353.2
576.2
2,422.4
2,009.4
413.0
21
22
23
24
25
2,914.9
1,139.6
771.6
368.0
1,775.3
3,000.3
1,214.3
817.7
396.6
1,786.1
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
3,032.7
1,238.3
830.6
407.7
1,794.4
2009
IV
IV
1 14,119.0 14,657.8 14,277.3 14,446.4 14,578.7 14,745.1 14,861.0
IV
1 109.618 110.670 109.693 109.959 110.485 111.060 111.176
Gross domestic product
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.................................
E xports...................................
Goods.................................
Services..............................
Imports....................................
G oods.................................
Services..............................
Government consumption
expenditures and gross
investment.............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
Residual......................................
2010
I
II
III
IV
1 12,880.6 13,245.6 13,019.0 13,138.8 13,194.9 13,278.5 13,370.1
2
3
4
5
6
9,153.9
3,117.4
1,094.6
2,017.4
6,032.7
9,314.4
3,251.3
1,178.2
2,073.5
6,064.6
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
9,425.9
3,332.0
1,236.9
2,100.9
6,098.7
7
8
9
10
11
12
13
1,515.7
1,630.7
1,290.8
369.6
916.3
342.7
-113.1
1,769.9
1,692.7
1,362.9
318.4
1,054.7
332.4
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
1,742.8
1,728.9
1,405.9
319.5
1,098.9
325.5
7.1
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
-421.8
1,666.5
1,167.9
499.3
2,088.4
1,737.0
352.5
-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
-395.0
1,718.3
1,208.6
510.4
2,113.3
1,757.6
356.7
21
22
23
24
25
26
2,542.6
1,027.6
693.0
334.6
1,518.8
37.8
2,568.6
1,077.0
720.3
356.7
1,497.5
11.2
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
2,579.7
1,093.7
727.9
365.9
1,492,6
-8.5
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.
National Data
D-4
Table 1.1.7. Percent Change From Preceding Period
March 2011
Table 1.1.8. Contributions to Percent Change in the
Gross Domestic Product Price Index
in Prices for Gross Domestic Product
[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.........................
Change in private inventories
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:
Implicit price deflators:
Gross domestic p ro d u ct1
Gross national p ro d u ct1
Seasonally adjusted at annual rates
2010
II
I
Line
III
1.0
1.0
1.9
2.1
0.4
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
3.4
-2.2
6.2
1.1
-2.0
-1.7
-1.2
-2.6
-0.5
-3.4
-1.8
-1.6
-1.9
-1.4
-1.9
-0.3
-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
2.5
1.2
0.8
3.6
-0.2
3.0
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
8.2
11.2
1.7
18.6
21.4
5.7
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
3.0
1.7
2.0
0.9
3.9
?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
2
3
4
5
6
0.2
-2.5
-1.6
-2.9
1.5
/
8
9
10
11
12
11
1.0
2010
2009
IV
-0.2
1
2009
IV
0.4
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.................................
E xports...................................
Goods.................................
Services..............................
Imports
G oods.................................
Services..............................
Government consumption
expenditures and gross
investment.............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
2010
I
III
II
IV
1
0.9
1.0
-0.2
1.0
1.9
2.1
0.4
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
1.28
0.78
-0.17
0.95
0.50
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
0.31
0.14
0.08
0.09
-0.02
0.07
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
0.49
0.38
0.11
-0.91
-0.81
-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
-1.78
1.01
0.94
0.06
-2.78
-2.63
-0.15
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
0.60
0.14
0.11
0.03
0.46
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........................
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...................................
Goods.................................
Services.............................
Im ports...................................
Goods.................................
Services.............................
Government consumption
expenditures and gross
investment.............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................
Addendum:
Gross national product.........
I
II
III
IV
1 109.615 110.662 109.665 109.952 110.488 111.045 111.152
109.258
103.634
93.782
109.262
112.233
111.125 110.330 110.899 110.886 111.100 111.606
105.394 105.113 105.777 104.805 105.050 105.932
92.452 93.615 93.133 92.767 92.247 91.726
112.726 111.645 112.942 111.632 112.309 114.000
114.169 113.102 113.621 114.117 114.314 114.617
/
8
9
10
11
12
13
104.848
105.260
105.700
122.187
99.620
102.737
102.974
103.601
103.687
120.204
97.701
102.412
14
15
16
17
18
19
20
105.877 110.318 107.398 108.745
104.403 109.405 106.038 107.531
109.171 112.311 110.426 111.438
105.987 112.727 111.178 114.468
104.908 112.237 110.586 114.432
110.711 114.786 113.662 114.362
21 114.644 116.810 115.067
22 110.895 112.748 111.142
23 111.342 113.523 111.594
24 109.984 111.164 110.220
25 116.892 119.270 117.435
26
102.929 102.807 102.808 103.367
103.637 103.463 103.499 103.804
103.611 103.608 103.661 103.860
119.055 119.650 120.516 121.597
97.961
97.770 97.580 97.520
102.874 102.035 101.998 102.759
109.609
116.358
112.376
113.051
110.995
118.762
109.664 109.950
i 10.033
108.930
112.467
112.189
111.588
114.824
110.095
109.037
112.423
109.848
108.914
114.176
112.288
111.966
112.884
114.627
114.325
115.773
116.607 116.706 117.563
112.616 112.757 113.227
113.381 113.534 114.107
111.050 111.168 111.430
119.016 119.084 120.221
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
2
3
4
5
6
103.278
104.006
104.116
118.782
98.727
102.717
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
/
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
12.1
9.8
2.6
7.2
2.3
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
16.1
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
13.0
9.1
3.9
16.3
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
2011
Survey
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........................................................................................
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
Im ports.....
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 income
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................................................................
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
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
2.7
2.6
5.7
10.9
3.4
1.2
9.9
6.9
10.0
-4.7
16.3
-4.7
-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
9.2
10.7
5.9
11.0
12.2
5.5
1.2
4.8
3.4
7.7
-1.2
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
2.0
2.4
3.1
2.8
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
1.4
1.1
1.2
0.8
1.2
0.8
2.3
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 o te . 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
2010
2009
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 com puters..................................................
Gross domestic purchases excluding final sales of computers to domestic purchasers....
Final sales of domestic product, current dollars......................................................................
1
2
3
4
5
6
7
8
9
10
11
1?
13
14
15
16
17
18
19
20
I
II
III
IV
-2.6
-2.1
2.8
1.4
5.0
2.1
3.7
1.1
1.7
0.9
2.6
0.9
2.8
6.7
-3.8
-1.6
11.0
5.4
23.9
11.0
19.5
8.6
-0.8
-3.7
7.4
1.4
7.8
23.5
-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
18.8
3.2
2.6
5.5
3.3
31.7
18.5
7.4
6.0
-11.8
-12.2
2.6
-4.8
11.6
28.7
-0.2
-16.6
0.8
-7.2
0.8
-15.9
0.0
-15.2
1.9
10.6
1.8
-7.9
1.0
0.2
-24.7
-2.1
5.0
-2.7
-3.7
-1.1
25.9
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
-13.1
3.2
61.4
2.5
-0.7
7.0
1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry
Classification System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these sen/ices are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
National Data
D-6
March 2011
Table 1.2.3. Real Gross Domestic Product by
Major Type of Product, Quantity Indexes
Table 1.2.2. Contributions to Percent Change in Real
Gross Domestic Product by Major Type of Product
[Index numbers, 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........................
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 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
2009
2010
2009
1
-2.6
2.8
5.0
3.7
1.7
2.6
2.8
2
-2.08
1.46
2.19
1.09
0.90
0.95
6.49
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
2.83
1.46
1.38
2.15
1.02
1.12
0.69
0.44
0.25
0.55
-0.55
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
2.14
5.84
-3.70
0.61
2.42
-1.81
1.53
3.42
-1.90
0.63
0.02
15
-0.56
0.46
0.25
0.74
-0.06
0.49
-0.31
16
17
-2.07
0.03
2.37
0.10
4.76
0.09
2.99
0.10
1.78
0.03
2.07
0.29
3.10
0.30
18
-2.66
2.73
4.92
3.63
1.69
2.27
2.48
1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
2010
IV
IV
III
II
I
III
1 101.917 104.804 103.012 103.960 104.403 105.065 105.789
Gross domestic product.......
Final sales of domestic
product...............................
Change in private
2 103.212 104.671 103.676 103.948 104.181 104.424 106.130
S
4
5
fi
7
8
q
10
11
1?
13
14
G oods................................................
Final sales..................................
Change in private inventories
Durable goods...............................
Final sales..................................
Change in private inventories1
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.................................
15
104.880 116.443 110.007 115.025 114.803 116.862 119.081
110.050 115.973 112.705 115.043 113.957 114.343 120.547
99.577 116.274 104.284 112.043 115.048 118.381 119.625
108.049 116.108 109.725 112.669 114.124 116.265 121,375
110.477 116.587 116.071 118.152 114.500 115.241 118.454
111.982 115.670 115.660 117.354 113.610 112.209 119.506
106.102 106.961 106.294 106.297 106.786 107.251 107.509
71.407 66.285 68.472 65.703 67.380 66.010 66.047
60.568
76.267
68.836
75.184
74.677
78.963
18 101.501 104.295 102.589 103.513 103.949 104.536 105.182
19
98.494 101.480
99.162 100.109 101.309 102.344 102.157
1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
Table 1.2.5. Gross Domestic Product by Major Type of Product
[Index numbers, 2005=100]
[Billions of dollars]
Seasonally adjusted at annual rates
Seasonally adjusted
2009
2010
2009
IV
Gross domestic product.......
Final sales of domestic
product..............................
Change in private
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 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
I
II
III
2 109.647 110.719 109.736 110.020 110.552 111.117 111.186
15
101.245 100.497 100.232
101.263 100.624 100.329
95.676
95.545
94.022
93.991
95.062
95.037
99.387 100.154 101.562 100.885
99.545 100.332 101.736 100.882
94.406
94.406
94.122
94.098
93.940
93.901
93.619
93.560
107.928 108.290 106.452 105.395 107.396 110.739 109.629
108.196 108.659 106.770 105.808 107.875 111.216 109.736
112.591 114.686 113.352 114.143 114.605 114.789 115.206
114.144 113.308 112.584 112.827 112.868 113.313 114.225
97.984 100.224 100.074
99.918 100.265 100.309 100.405
16 109.991 111.019 110.020 110.297 110.828 111.417 111.534
17 51.690 47.161 49.454 48.465 47.656 46.585 45.940
18 110.128 111.249 110.230 110.512 111.054 111.650 111.778
19 109.647 110.720 109.734 110.018 110.550 111.116 111.184
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
1 109.618 110.670 109.693 109.959 110.485 111.060 111.176
S
4
5
6
/
8
q
10
11
1?
13
14
76.245
16 103.203 105.699 104.082 104.862 105.335 105.884 106.715
17 197.008 233.415 200.528 209.533 212.272 240.628 271.227
Table 1.2.4. Price Indexes for Gross Domestic Product
by Major Type of Product
Line
IV
Gross domestic product
Final sales of domestic
product......................
Change in private
inventories...............
G oods.......................................
Final sales.........................
Change in private
inventories....................
Durable g oo d s......................
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 14,657.8 14,277.3 14,446.4 14,578.7 14,745.1 14,861.0
2 14,246.3 14,588.9 14,321.5 14,396.4 14,498.3 14,606.5 14,854.3
3
4
5
-127.2
3,687.3
3,814.5
68.9
4,063.6
3,994.7
-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
6.8
4,169.6
4,162.8
6
7
8
-127.2
1,801.5
1,915.9
68.9
2,067.9
2,025.3
-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
6.8
2,118.5
2,107.7
9
10
11
-114.4
1,885.8
1,898.6
42.6
1,995.7
1,969.3
-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
10.8
2,051.1
2,055.1
12
13
14
-12.8
9,320.5
1,111.3
26.4
9,570.8
1,023.4
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
-4.0
9,663.4
1,028.0
15
248.9
320.3
288.5
314.8
313.7
331.9
320.7
16 13,870.1 14,337.5 13,988.8 14,131.6 14,265.0 14,413.2 14,540.3
17
80.5
86.7
78.3
80.2
79.9
88.5
98.4
18 14,038.6 14,571.1 14,199.0 14,366.2 14,498.8 14,656.6 14,762.6
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.
March 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
IV
Gross domestic product
Final sales of domestic
product.....................
Change in private
inventories...............
R esidual.......................
G oods........................................
Final sales........................
Change in private
inventories....................
Durable goods......................
Final sales........................
Change in private
inventories1.................
Nondurable goods...............
Final sales........................
Change in private
inventories 1................
Services 2.................................
Structures................................
Residual....................................
Addenda:
Motor vehicle output............
Gross domestic product
excluding motor vehicle
outp ut................................
Final sales of computers 3...
Gross domestic product
excluding final sales of
computers.........................
Seasonally adjusted at annual rates
2010
I
Line
III
II
2010
2009
IV
I
II
III
IV
1
2
3
4
5
6
-2.6
-3.7
-3.8
6.1
-0.5
-0.7
2.8
3.7
3.7
2.7
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
2.8
3.8
4.0
-13.6
-0.3
-2.2
7
8
9
10
-0.2
1.6
5.8
-0.2
1.8
0.6
3.5
-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
1.3
-0.7
11
0.4
-0.2
0.7
-1.1
0.3
-1.4
-1.4
IV
1 12,880.6 13,245.6 13,019.0 13,138.8 13,194.9 13,278.5 13,370.1
2 12,992.8 13,176.4 13,051.1 13,085.5 13,114.7 13,145.3 13,360.0
3
4
5
6
-113.1
0.9
3,642.4
3,766.9
60.4
8.8
4,043.9
3,969.6
-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
7.1
3.0
4,135.5
4,126.2
7
8
9
-113.1
1,883.1
2,005.3
60.4
2,198.9
2,154.8
-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
7.1
2,262.2
2,252.6
10
11
12
-106.7
1,747.5
1,754.8
38.5
1,844.1
1,812.6
-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
9.6
1,873.7
1,872.7
13
14
15
16
-9.6
8,278.2
973.6
-15.0
22.5
8,345.2
903.7
-31.7
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
-1.9
8,388.0
900.5
-51.4
17
253.7
319.5
288.4
315.0
312.9
330.8
319.4
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
2010
2009
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 12,915.8 12,718.2 12,813.5 12,871.3 12,938.5 13,040.0
19
155.6
184.4
158.4
165.5
167.7
190.1
214.3
Seasonally adjusted
20 12,747.9 13,098.8 12,884.5 13,000.6 13,055.4 13,129.1 13,210.1
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 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
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
2010
2009
I
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
III
II
IV
101.917 104.804 103.012 103.960 104.403 105.065 105.789
100.364 104.050 101.734 102.977 103.437 104.406 105.379
100.275 103.968 101.669 102.925 103.331 104.293 105.324
106.397 109.266 105.253 105.046 110.973 112.537 108.509
107.652 107.859 107.805 107.740 108.080 107.852 107.764
110.184 109.048 110.215 109.588 109.535 108.837 108.231
7 104.308
8 105.851
9 110.690
10 103.762
106.225
106.444
114.601
102.938
104.615
106.162
112.331
103.505
105.266
106.300
113.402
103.245
106.107
106.740
115.057
103.165
106.479
106.375
114.787
102.760
107.048
106.360
115.158
102.582
11
112.726
113.263
112.959
113.037
112.648
112.262
112.926
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. E q u als co m p en satio n of gen eral g o vern m en t em p lo yees plus ge n e ra l g o vern m en t co nsum ption 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 at annual rates
Seasonally adjusted
Line
2009
2010
2009
IV
Gross domestic product
Business 1 ................................
Nonfarm 2..............................
Farm.......................................
Households and institutions
Households...........................
Nonprofit institutions serving
households3.....................
General governm ent4............
Federal...................................
State and lo ca l......................
Addendum:
Gross housing value added
1
2
3
4
5
6
109.618
108.123
108.289
95.781
113.343
111.191
Line
2010
I
II
III
7
8
9
10
116.335 116.993 117.501 116.500
115.761 117.779 116.086 117.185
113.596 115.165 113.332 115.099
116.733 118.962 117.334 118.111
116.264 116.928
117.638 117.927
115.007 115.147
118.828 119.191
118.279
118.367
115.408
119.718
11
111.885
111.105
111.834
111.591
111.220
111.374
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.
2010
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
2010
2009
IV
IV
110.670 109.693 109.959 110.485 111.060 111.176
109.208 108.118 108.413 109.065 109.701 109.651
109.204 108.195 108.483 109.172 109.690 109.470
112.214 103.982 104.937 102.159 113.252 128.506
113.298 113.673 112.982 112.812 113.273 114.125
110.648 110.931 110.460 110.339 110.653 111.140
111.383
2009
I
II
III
IV
1 14,119.0 14,657.8 14,277.3 14,446.4 14,578.7 14,745.1 14,861.0
2 10,520.8 11,016.0 10,660.9 10,823.2 10,938.2 11,102.7 11,199.8
3 10,416.8 10,891.3 10,549.3 10,710.6 10,822.2 10,973.2 11,059.3
4
104.0
124.6
111.6
112.6
116.0
129.5
140.6
5 1,838.1 1,840.9 1,846.1 1,833.8 1,836.8 1,840.4 1,852.7
6 1,059.0 1,043.0 1,056.8 1,046.4 1,044.7 1,041.0 1,039.8
7
8
9
10
779.1
1,760.2
551.7
1,208.5
798.0
1,800.9
579.1
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
813.0
1,808.5
583.1
1,225.3
11
1,331.7
1,323.4
1,332.2
1,324.2
1,323.8
1,322.4
1,323.3
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.
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
Gross domestic product
Business 1................................
Nonfarm 2..............................
Farm ......................................
Households and institutions
H ouseholds..........................
Nonprofit institutions serving
households 3 ....................
General governm ent4...........
Federal..................................
State and local......................
Residual....................................
Addendum:
Gross housing value added
March 2011
I
III
II
Seasonally adjusted at annual rates
IV
1 12,880.6 13,245.6 13,019.0 13,138.8 13,194.9 13,278.5 13,370.1
2 9,730.8 10,088.1 9,863.6 9,984.1 10,028.7 10,122.7 10,217.0
3 9,619.8 9,974.2 9,753.5 9,874.1 9,913.0 10,005.3 10,104.2
107.4
113.2
110.7
4
108.5
111.5
107.2
114.8
5 1,621.7 1,624.8 1,624.0 1,623.0 1,628.1 1,624.7 1,623.4
952.4
952.7
947.3
946.8
940.8
935.5
6
942.6
7
8
9
10
11
669.7
1,520.5
485.6
1,035.3
9.3
682.0
1,529.0
502.8
1,027.0
5.5
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
1,527.8
505.2
1,023.5
3.7
12
1,190.3
1,188.1
1,193.8
1,190.6
1,191.4
1,187.3
1,183.2
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...............................
2010
2009
2009
2010
IV
I
II
III
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
2.8
9.6
-12.4
-0.6
1.8
0.2
1.3
4.3
2.6
3.1
-2.1
1.4
2.1
1.1
0.9
0.9
6.7
8
-3.8
4.6
5.1
6.2
5.2
4.8
1.5
9
-3.2
3.2
2.2
3.5
4.4
3.2
5.1
1
2
3
4
-2.6
-9.5
-13.8
-3.6
2.8
11.8
12.7
3.2
6
-3.1
7
IV
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
2009
2010
2010
I
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
Line
II
2010
2009
IV
I
II
III
IV
109.618
105.877
105.987
109.614
110.670
110.317
112.828
111.087
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
111.176
112.315
114.673
111.623
IV
III
104.804 103.012 103.960 104.403 105.065
127.698 120.569 123.858 126.592 128.679
102.987 93.874 96.401 103.613 107.718
102.239 99.829 100.797 102.070 103.117
2009
105.789
131.662
104.215
102.972
6 100.254 102.104 100.441 100.775 101.852 102.505 103.283
7 103.212 104.671 103.676 103.948 104.181 104.424 106.130
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
2010
6 109.649 111.134 110.309 110.900 110.917 111.086 111.633
7 109.647 110.719 109.736 110.020 110.552 111.117 111.186
8 109.649 111.135 110.308 110.899 110.915 111.085 111.632
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
2
1,578.4
1,838.5
1,689.9
1,757.8
1,817.9
1,848.9
1,929.4
3
1,964.7
2,354.1
2,116.3
2,237.6
2,357.1
2,399.4
2,422.4
4 14,505.4 15,173.5 14,703.7 14,926.3 15,118.0 15,295.6 15,354.0
-127.2
68.9
-44.2
50.0
80.4
138.6
2010
2009
IV
1 14,119.0 14,657.8 14,277.3 14,446.4 14,578.7 14,745.1 14,861.0
5
2009
IV
6.8
6 14,632.7 15,104.5 14,748.0 14,876.3 15,037.6 15,157.0 15,347.2
7 14,246.3 14,588.9 14,321.5 14,396.4 14,498.3 14,606.5 14,854.3
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 13,245.6 13,019.0 13,138.8 13,194.9 13,278.5 13,370.1
2
1,490.7
1,666.5
1,573.5
1,616.4
1,652.1
1,679.3
1,718.3
3
1,853.8
2,088.4
1,903.6
1,954.8
2,101.1
2,184.3
2,113.3
4 13,233.6 13,660.3 13,338.2 13,467.6 13,637.7 13,777.6 13,758.2
5
-113.1
60.4
-36.7
44.1
68.8
121.4
7.1
6 13,345.0 13,591.2 13,369.9 13,414.3 13,557.7 13,644.6 13,748.1
7 12,992.8 13,176.4 13,051.1 13,085.5 13,114.7 13,145.3 13,360.0
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.
March 2011
Survey
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 p arts........
Furnishings and durable
household equipment.........
Recreational goods and
vehicles................................
Other durable goods................
Nondurable goods.......................
Food and beverages
purchased for off-premises
consumption........................
Clothing and footwear............
Gasoline and other energy
goods ...................................
Other nondurable goods.........
S ervices............................................
Household consumption
expenditures (for services)....
Housing and utilities...............
H ealthcare...............................
Transportation services..........
Recreation services................
Food services and
accommodations................
Financial services and
insurance..............................
Other services.........................
Final consumption expenditures
of nonprofit institutions serving
households (N 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....................................
Chanqe in private inventories.........
Nonfarm.........................................
Net exports of goods and services
Exports..............................................
Goods............................................
Services.......................................
Im ports..............................................
Goods............................................
Services........................................
Government consumption
expenditures and gross
investment........................................
Federal..............................................
National defense..........................
Consumption expenditures....
Gross investment.....................
Nondefense..................................
Consumption expenditures....
Gross investment.....................
State and local..................................
Consumption expenditures.........
Gross investment.........................
Seasonally adjusted at annual rates
2010
I
II
Line
2010
2009
IV
1
-2.6
2.8
5.0
3.7
1.7
2.6
2.8
2
3
4
5
-1.2
-2.0
-3.7
-6.9
1.8
4.3
7.6
3.5
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
4.1
9.8
21.0
48.4
6
-6.4
8.6
9.4
13.9
9.0
5.6
10.1
7
8
9
1.4
-2.3
-1.2
12.1
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
12.1
4.4
4.8
10
11
-0.9
-4.4
2.7
5.6
5.1
5.8
3.7
12.0
-2.9
6.4
3.2
-1.1
4.9
12.6
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
5.3
1.4
15
16
17
18
19
-0.7
1.1
2.2
-8.1
-2.4
0.4
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
1.4
0.0
3.0
2.0
0.2
20
-3.6
2.3
0.6
6.9
2.5
2.8
2.4
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
2.5
0.2
23
-4.2
2.7
8.6
1.2
3.4
1.0
2.4
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
16.8
3.8
5.6
-13.8
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
3.5
-22.1
4.8
5.3
4.5
5.5
31
0.2
13.3
22.4
8.4
15.3
8.8
11.5
32
33
34
35
36
37
38
31
40
41
4?
43
44
45
46
47
48
-1.5
1.7
-1.1
-23.3
-51.5
-22.3
-22.9
26.7
9.6
12.7
5.7
60.9
9.1
-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
17.9
7.7
13.8
10.9
-25.4
6.1
2.8
-9.5
-12.0
-3.9
-13.8
-15.8
-4.2
11.8
14.7
5.8
12.7
14.8
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
9.6
11.7
5.0
-12.4
-14.1
-3.7
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
1.0
4.8
3.9
2.9
10.6
6.6
5.5
14.5
-1.4
-1.0
-3.2
-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
-1.5
-0.2
-2.1
-6.6
27.7
3.7
3.0
8.3
-2.4
-0.9
-8.3
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. Excludes software "embedded,” or bundled, in computers and other equipment.
2009
IV
III
Percent change at annual rate:
Gross domestic product..........
Percentage points at annual rates:
Personal consumption
expenditures...................................
G oods................................................
Durable g oo d s..............................
Motor vehicles and p a rts........
Furnishings and durable
household equipment.........
Recreational goods and
vehicles.................................
Other durable goods...............
Nondurable 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 u tilities...............
Health ca re ...............................
Transportation services...........
Recreation services.................
Food services and
accommodations.................
Financial services and
insurance..............................
Other services.........................
Final consumption expenditures
of nonprofit institutions serving
households (N PISH s)1..........
Gross output of nonprofit
institutions 2.........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3.........
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.........
F arm ..............................................
Nonfarm.........................................
Net exports of goods and services
Exports..............................................
G oods.
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
-2.6
2.8
5.0
3.7
1.7
2.6
2.8
2
3
4
5
-0.84
-0.46
-0.27
-0.17
1.26
1.00
0.55
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
2.88
2.20
1.44
0.96
6
-0.12
0.15
0.16
0.23
0.15
0.10
0.17
7
8
9
0.03
-0.02
-0.18
0.26
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
0.26
0.04
0.76
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
0.27
12
13
14
0.03
-0.06
-0.38
0.00
0.17
0.26
-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
0.30
0.68
15
16
17
18
19
-0.30
0.14
0.23
-0.18
-0.06
0.21
0.14
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
0.64
0.00
0.34
0.04
0.01
20
-0.16
0.10
0.02
0.29
0.11
0.12
0.10
21
22
-0.21
-0.07
-0.13
-0.07
-0.21
-0.0 8
-0.16
-0.08
0.07
-0.05
-0.27
0.11
0.14
0.01
23
-0.08
0.05
0.15
0.02
0.06
0.02
0.04
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
0.54
-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
0.19
-3.13
0.57
0.51
0.11
0.39
31
0.01
0.50
0.79
0.32
0.57
0.34
0.44
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
0.02
1.35
-0.48
1.35
1.13
0.21
-1.83
-1.74
-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
0.11
0.14
0.19
0.12
-0.24
0.07
0.06
-3.70
-0.15
-3.56
3.35
1.18
0.99
0.19
2.17
2.07
0.11
49
50
51
52
53
54
55
b6
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
0.21
0.39
0.22
0.14
0.08
0.17
0.13
0.05
-0.18
-0.10
-0.08
-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
-0.31
-0.02
-0.12
-0.32
0.21
0.10
0.07
0.03
-0.29
-0.09
-0.20
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
March 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
Seasonally adjusted
Line
2009
2010
2009
IV
Gross domestic product..........
Personal consumption
expenditures...................................
Goods................................................
Durable goods..............................
Motor vehicles and p arts........
Furnishings and durable
household equipment.........
Recreational goods and
vehicles................................
Other durable goods...............
Nondurable 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...............
Healthcare...............................
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....................................
Line
2010
I
II
III
1 101.917 104.804 103.012 103.960 104.403 105.065 105.789
2 103.797 105.617 104.126 104.608 105.178 105.801 106.881
3 101.416 105.771 102.533 103.952 104.837 105.898 108.396
4 99.011 106.581 100.870 103.025 104.735 106.673 111.889
5 79.093 81.850 78.782 78.271 79.584 80.594 88.951
6
96.222 104.526
98.254 101.506 103.725 105.159 107.713
7 131.643 147.559 137.749 141.981 145.157 149.384 153.717
8 98.669 104.445 99.380 103.753 103.183 104.851 105.992
9 102.487 105.338 103.247 104.321 104.823 105.476 106.732
10 103.023 105.819 104.710 105.672 104.895 105.714 106.994
11 103.570 109.362 104.432 107.436 109.113 108.816 112.082
12 93.660 93.499 92.996 93.155 93.854 93.866 93.122
13 105.867 108.986 106.294 107.148 108.337 109.514 110.946
14 105.006 105.562 104.936 104.952 105.366 105.775 106.155
1b
16
17
18
19
104.448
104.682
109.457
87.758
104.597
104.912
105.808
110.927
88.917
104.078
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
105.492
106.321
111.918
89.902
104.640
20 100.461 102.818 100.150 101.838 102.476 103.175 103.782
21 104.265 101.838 102.793 102.074 102.364 101.140 101.775
22 104.526 103.409 103.650 103.334 103.132 103.565 103.605
23 119.597 122.871 121.393 121.755 122.788 123.106 123.835
24 108.852 109.899 109.087 108.846 109.744 110.064 110.942
25 105.361 105.787 105.166 104.756 105.613 105.933 106.848
26 69.778 81.478 73.000 77.811 82.474 85.400 80.230
27 76.835 79.757 76.198 76.826 80.219 80.517 81.465
28 95.804 101.159 94.879 96.677 100.592 103.019 104.347
29 105.064 90.524 95.310 90.761 90.649 89.848 90.837
30 92.035 105.938 94.895 99.408 105.067 108.898 110.377
31 125.368 142.030 133.164 135.861 140.775 143.763 147.721
32 156.682 198.592 180.635 182.749 200.624 201.263 209.733
33 118.929 130.351 123.600 126.350 128.839 131.877 134.340
34 120.829 136.188 127.510 130.239 134.286 137.856 142.372
82.784
38.207
77.020
44.220
87.525
61.477
84.050
42.893
80.385
41.000
74.133
44.092
80.422
52.744
79.571
42.670
88.127
60.651
82.614
45.177
89.605
68.682
86.365
41.719
91.948
63.830
87.648
42.008
43
44
45
46
47
48
114.228
112.377
118.303
91.418
88.615
106.461
127.698
128.896
125.139
102.987
101.699
110.207
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
131.662
133.387
127.936
104.215
102.904
111.547
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
108.384
122.899
122.280
118.240
151.734
124.192
122.185
138.861
100.263
100.663
98.631
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
108.852
124.806
123.574
118.367
161.781
127.383
124.931
145.437
99.933
100.247
98.655
35
36
37
38
39
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 u tilities...............
Health ca re ...............................
Transportation services...........
Recreation services.................
Food services and
accommodations................
Financial services and
insurance..............................
Other services.........................
Final consumption expenditures
of nonprofit institutions serving
households (NPISHs) 1..........
Gross output of nonprofit
institutions 2.........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3.........
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....................................
41
4?
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the
world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the worid;
includes membership dues and fees.
4. Excludes software “embedded,” or bundled, in computers and other equipment.
2010
2009
IV
40
Net exports of goods and services
Exports..............................................
Goods...
Services
Im ports.....
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.........................
2009
IV
E xports..............................................
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
1 109.618 110.670 109.693 109.959 110.485 111.060 111.176
2 109.258 111.125 110.333 110.901 110.888 111.102 111.608
3 103.634 105.398 105.120 105.784 104.812 105.058 105.939
4 93.782 92.456 93.603 93.121 92.755 92.235 91.714
5 98.676 103.149 101.333 102.384 103.041 103.637 103.534
6
97.709
93.662
96.127
95.304
94.310
93.010
92.024
7 79.513 74.759 77.455 76.282 75.327 74.277 73.148
8 111.234 111.940 112.456 111.179 111.571 111.758 113.252
9 109.262 112.727 111.651 112.949 111.638 112.315 114.006
10 113.538 113.938 112.950 113.466 113.916 113.989 114.381
11 98.588 97.912 98.770 98.452 97.439 98.323 97.435
12 106.387 125.557 121.338 128.166 118.788 121.632 133.643
13 110.691 112.804 111.966 112.594 112.604 112.917 113.102
14 112.233 114.167 113.102 113.620 114.116 114.314 114.616
15
16
17
18
19
112.718
113.240
112.693
115.633
110.815
114.734
113.509
115.557
118.008
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
115.154
113.709
116.458
118.346
112.450
20 114.375 115.949 114.935 115.001 115.794 116.327 116.674
21 109.533 113.098 111.427 113.396 113.758 112.670 112.567
22 113.329 116.508 114.795 115.541 116.488 116.819 117.186
23 101.105 101.189 100.977 100.254 100.713 101.502 102.287
24 111.137 113.607 112.221 112.553 113.322 113.967 114.586
25
26
27
28
29
30
114.836
104.873
105.260
105.700
122.187
99.620
118.185
103.035
103.625
103.713
120.443
97.701
116.359
103.466
104.030
104.144
119.017
98.721
117.088
102.952
103.661
103.639
119.291
97.954
117.972
102.765
103.487
103.636
119.887
97.764
118.563
102.895
103.523
103.689
120.755
97.574
119.118
103.527
103.828
103.888
121.838
97.514
31
89.062
87.366
88.285
87.923
87.583
87.121
86.838
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
61.765
99.442
86.567
115.050
100.804
111.210
102.412
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
61.448
99.233
86.333
115.168
100.465
111.558
101.994
60.984
99.295
85.777
115.779
100.897
111.493
102.755
105.877
104.403
109.172
105.987
104.908
110.711
110.317
109.401
112.316
112.828
112.380
114.772
107.424
106.072
110.437
111.222
110.650
113.650
108.771
107.565
111.451
114.514
114.497
114.351
110.060
108.965
112.480
112.234
111.653
114.813
110.122
109.072
112.435
109.892
108.977
114.164
112.315
112.001
112.896
114.673
114.391
115.762
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
116.808
112.743
113.514
114.700
106.040
111.163
112.572
101.947
119.269
118.618
122.023
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
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
117.563
113.226
114.103
115.309
106.514
111.433
112.862
102.093
120.220
119.624
122.734
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.
March
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
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......................................................................................................................
Services..........................................................................................................................................................
Household consumption expenditures (for services)............................................................................
Housing and utilities.............................................................................................................................
H ealthcare.........................
Transportation services........................................................................................................................
Recreation services.......................
Food services and accommodations
Financial services and insurance.
Other services................................
Final consumption expenditures of nonprofit institutions serving households (N 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......................................................................................................................
Farm........................................
Nonfarm..................................
Net exports of goods and servic es
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.......................................................................................................................................
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
2009
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
2010
14,657.8
10,350.6
3,426.7
1,089.3
345.9
258.3
334.7
150.3
2,337.4
801.8
337.9
357.9
839.8
6,923.9
6,657.8
1,901.0
1,686.8
300.0
381.0
626.3
820.9
941.8
266.2
1,092.1
825.9
1,822.5
1,753.6
1,413.2
382.8
1,030.4
589.9
97.0
282.6
210.3
160.8
112.6
167.2
340.4
68.9
6.5
62.4
-515.7
1,838.5
1,277.7
560.7
2,354.1
1,949.6
404.6
3,000.3
1,214.3
817.7
698.3
119.4
396.6
345.2
51.3
1,786.1
1,447.2
338.9
2009
2010
IV
I
II
III
IV
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
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
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
14,861.0
10,519.8
3,529.6
1,134.6
377.3
261.6
341.4
154.4
2,395.1
813.8
344.6
379.5
857.1
6,990.1
6,719.0
1,913.6
1,715.1
304.2
384.5
636.1
816.5
949.0
271.1
1,111.9
840.7
1,801.5
1,794.7
1,460.2
388.5
1,071.6
609.9
101.2
290.8
217.9
169.9
117.0
174.8
334.5
6.8
1.0
5.8
-493.0
1,929.4
1,353.2
576.2
2,422.4
2,009.4
413.0
3,032.7
1,238.3
830.6
702.7
127.9
407.7
353.9
53.8
1,794.4
1,453.5
340.9
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.
National Data
D-12
March 2011
Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
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.............................................................................................................................
H ealthcare.............................................................................................................................................
Transportation services........................................................................................................................
Recreation services..............................................................................................................................
Food services and accommodations..................................................................................................
Financial services and insurance.......................................................................................................
Other services.......................................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (N 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 equipmem and software..........................................................................
Software 5 .....................................................................................................................................
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..........................................................................................................................................................
Services......................................................................................................................................................
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
3/
38
39
40
41
42
43
44
45
46
47
48
49
bO
51
52
53
54
55
56
57
58
59
60
2009
2010
2010
2009
IV
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
13,245.6
9,314.4
3,251.3
1,178.2
335.3
275.8
447.6
134.3
2,073.5
703.7
345.1
285.0
744.4
6,064.6
5,802.7
1,674.8
1,459.7
254.2
340.1
540.1
725.7
808.2
263.0
961.2
698.8
1,769.9
1,692.7
1,362.9
318.4
1,054.7
675.0
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
13,370.1
9,425.9
3,332.0
1,236.9
364.4
284.2
466.3
136.3
2,100.9
711.5
353.7
283.9
757.8
6,098.7
5,834.8
1,682.9
1,472.8
257.0
342.0
545.2
725.3
809.8
265.1
970.3
705.8
1,742.8
1,728.9
1,405.9
319.5
1,098.9
702.1
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
284.2
242.9
139.7
111.7
150.4
332.4
60.4
5.4
55.0
-421.8
1,666.5
1,167.9
499.3
2,088.4
1,737.0
352.5
2,568.6
1,077.0
720.3
608.7
112.6
356.7
306.7
50.3
1,497.5
1,220.1
277.7
-41.4
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
292.9
254.0
146.8
116.0
156.8
325.5
7.1
1.3
5.7
-395.0
1,718.3
1,208.6
510.4
2,113.3
1,757.6
356.7
2,579.7
1,093.7
727.9
609.4
120.1
365.9
313.6
52.7
1,492.6
1,215.0
277.8
-64.8
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. The quantity index for computers can be used to accurately measure the real growth of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should not
be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 1.5.2 and real growth rates are shown in table 1.5.1.
5. Excludes software “embedded,” or bundled, in computers and other equipment.
N o te . The residual line is the difference between the first line and the sum of the most detailed lines.
March 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...........
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
equipm ent.....................
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..............................
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......................
2009
2010
2009
Seasonally adjusted at annual rates
2010
Line
IV
I
II
III
IV
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
111.623
111.608
105.939
91.714
103.534
1
2
3
4
5
109.614
109.258
103.634
93.782
98.676
111.087
111.125
105.398
92.456
103.149
110.265
110.333
105.120
93.603
101.333
6
97.709
93.662
96.127
95.304
94.310
93.010
92.024
7
a
9
79.513
111.234
109.262
74.759
111.940
112.727
77.455
112.456
111.651
76.282
111.179
112.949
75.327
111.571
111.638
74.277
111.758
112.315
73.148
113.252
114.006
10
11
113.538
98.588
113.938
97.912
112.950
98.770
113.466
98.452
113.916
97.439
113.989
98.323
114.381
97.435
12
13
14
106.387
110.691
112.233
125.557
112.804
114.167
121.338
111.966
113.102
128.166
112.594
113.620
118.788
112.604
114.116
121.632
112.917
114.314
133.643
113.102
114.616
1b
16
17
18
19
112.718
113.240
112.693
115.633
110.815
114.734
113.509
115.557
118.008
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
115.154
113.709
116.458
118.346
112.450
20
114.375
115.949
114.935
115.001
115.794
116.327
116.674
21
22
109.533
113.329
113.098
116.508
111.427
114.795
113.396
115.541
113.758
116.488
112.670
116.819
112.567
117.186
23
24
25
26
27
28
101.105
104.873
105.260
105.700
122.187
99.620
101.189
103.035
103.625
103.713
120.443
97.701
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
101.502
102.895
103.523
103.689
120.755
97.574
102.287
103.527
103.828
103.888
121.838
97.514
29
89.062
87.366
88.285
87.923
87.583
87.121
86.838
30
31
32
33
34
3b
36
37
38
39
64.734
100.364
88.358
113.766
109.977
112.772
102.736
61.765
99.442
86.567
115.050
100.804
111.210
102.412
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
61.448
99.233
86.333
115.168
100.465
111.558
101.994
60.984
99.295
85.777
115.779
100.897
111.493
102.755
40 114.644
41 110.895
42 111.342
43 112.240
44 105.507
45 109.984
46 111.156
4 / 102.299
48 116.892
49 115.608
bO 122.380
116.808
112.743
113.514
114.700
106.040
111.163
112.572
101.947
119.269
118.618
122.023
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
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
117.563
113.226
114.103
115.309
106.514
111.433
112.862
102.093
120.220
119.624
122.734
b1
61.477
57.977
59.433
58.903
58.146
57.728
57.129
b2
53
54
110.236
113.396
109.541
111.797
113.764
120.804
110.932
112.772
118.309
111.525
113.138
122.569
111.555
113.496
116.855
111.748
113.828
118.332
112.361
114.595
125.462
bb
56
109.422
109.618
110.578
110.670
109.839
109.693
110.274
109.959
110.491
110.485
110.613
111.060
110.933
111.176
b/
b8
59
110.128
114.629
99.394
111.249
114.468
96.113
110.230
113.766
87.449
110.512
113.899
81.351
111.054
113.754
93.428
111.650
114.340
110.835
111.778
115.878
98.838
60
61
62
109.495
109.647
109.649
110.765
110.719
111.134
109.919
109.736
110.309
110.392
110.020
110.900
110.662
110.552
110.917
110.834
111.117
111.086
111.173
111.186
111.633
63
109.611
111.077
110.238
110.831
110.854
111.018
111.599
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
2009
2010
2010
IV
Gross domestic purchases............
Personal consumption expenditures
Goods..................................................
Durable goods................................
Motor vehicles and parts..........
Furnishings and durable
household equipment...........
Recreational goods and
vehicles..................................
Nondurable goods.........................
Food and beverages purchased
for off-premises consumption
Clothing and footwear...............
Gasoline and other energy
goods......................................
Other nondurable goods...........
Services...............................................
Household consumption
expenditures...............................
Housing and utilities.................
Health care.................................
Transportation services............
Recreation services...................
Food services and
accommodations...................
Financial services and
insurance................................
Other services...........................
Final consumption expenditures of
nonprofit institutions serving
households (NPISHs)...............
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 equipment....................
Residential......................................
Government consumption
expenditures and gross
investment..........................................
Federal.................................................
National defense............................
Consumption expenditures.......
Gross investment.......................
Nondefense....................................
Consumption expenditures.......
Gross investment.......................
State and local....................................
Consumption expenditures.......
Gross investment.......................
Addenda:
Final sales of computers to domestic
purchasers 2...................................
Gross domestic purchases excluding
final sales of computers to
domestic purchasers.....................
Food 3..................................................
Energy goods and services..............
Gross domestic purchases excluding
food and energy..............................
Gross domestic product.....................
Gross domestic product
excluding final sales of
computers...............................
Food 3..........................................
Energy goods and services.....
Gross domestic product
excluding food and energy....
Final sales of domestic product........
Final sales to domestic purchasers
Implicit price deflator for gross
domestic purchases 4....................
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
3.4
-2.2
-0.4
6
-0.3
-4.1
-5.0
-3.4
-4.1
-5.4
-4.2
7
8
9
-5.6
14
-2.9
-6.0
06
3.2
-6.0
54
3.8
-5.9
-4 5
4.7
-4.9
14
-4.6
-5.5
07
2.4
-5.9
55
6.2
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
1.4
-3.6
12 -27.1
4.4
13
14
1.5
18.0
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
45.7
0.7
1.1
1.7
1.2
2.7
2.9
1.2
1.8
0.2
2.5
2.1
1.1
2.8
0.5
3.3
3.8
0.4
0.6
0.5
2.2
-1.2
1.7
1.0
0.6
1.9
1.5
0.2
15
16
17
18
19
2.0
0.4
2.2
2.7
-0.3
1.8
0.0
2.5
2.6
2.1
20
2.4
1.4
1.8
0.2
2.8
1.9
1.2
21
22
-0.4
2.3
3.3
2.8
7.5
4.0
7.3
2.6
1.3
3.3
-3.8
1.1
-0.4
1.3
23
24
25
26
27
28
-3.1
-2.0
-1.7
-1.2
-2.6
-0.5
0.1
-1.8
-1.6
-1.9
-1.4
-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
3.1
2.5
1.2
0.8
3.6
-0.2
29
-3.7
-1.9
-1.7
-1.6
-1.5
-2.1
-1.3
30
31
32
33
34
35
36
V
38
39
-8.4
-1.5
-4.5
1.2
6.9
4.2
-3.4
-4.6 -6.0 -2.7
-0.9
0.9 -1.1
-2.0 -3.1
-1.9
1.1
1.3
0.9
-8.3 -17.6 -16.0
-1.4 -0.6 -4.3
-0.3
4.3
0.6
-4.1
-0.6
-1.5
1.9
-2.2
0.4
-3.2
-3.4
-1.?
-2.6
1.0
-0.7
2.2
-0.1
-3.0
0.3
-2.6
2.1
1.7
-0.2
3.0
40
41
42
43
44
45
46
47
48
49
50
-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
?.o
2.2
0.5
1.1
1.3
-0.3
2.0
2.6
-0.3
1.5
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
0.5
0.2
0.3
-0.3
0.9
0.7
1.5
0.3
0.5
0.5
0.7
-0.2
0.4
0.4
0.8
0.2
0.0
1.4
3.0
1.7
2.0
2.0
2.4
0.9
1.0
0.3
3.9
4.4
1.7
51 -10.3
-5.7
-5.9
-3.5
-5.0
-2.8
-4.1
52 -0.1
1.2
53
54 -19.6
1.4
0.3
10.3
2.1
0.0
20.2
0.1
2.2
1.3
1.3
15.2 -17.4
0.7
1.2
5.2
2.2
2.7
26.4
55
56
0.7
0.9
1.1
1.0
1.5
-0.2
0.4
2.1
1.2
0.4
57
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
1.2
0.2
2.0
63
-0.2
1.3
2.0
2.2
0.1
0.6
2.1
1.6
1.0
0.8
1.9
1.0 -0.2
1.0
-0.1
-1.4
0.5
-3.3 -50.3 -25.1
2.0
-0.5
74.0
2.2
0.5
2.1
5.5
98.1 -36.8
1. Excludes software “embedded,” or bundled, in computers and other equipment.
2. Some components of final sales of computers include computer parts.
3. Food excludes personal consumption expenditures for purchased meals and beverages, which are 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.
National Data
D-14
March 2011
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
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..................
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......................................
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..............................
2010
2009
II
I
Line
III
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
1.25
0.77
-0.16
-0.01
2010
6
-0.01
-0.07
-0.09
-0.06
-0.07
-0.09
-0.07
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
-0.14
0.05
0.93
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
0.07
-0.08
2009
IV
Gross domestic product............
Plus: Income receipts from the
2010
I
IV
III
II
1
-2.6
5.0
3.7
1.7
2.6
?
-24.9
23.7
16.7
1.3
3.8
3
4
5
6
7
8
-27.2
-2.8
1.8
1.5
3.3
3.5
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
9
10
2.2
-3.4
2.0
5.5
1.8
4.9
2.2
1.8
2.2
2.3
11
1?
13
14
15
-2.9
-3.1
-3.3
-3.6
-4.4
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
1.2
1.0
2.6
1.0
4.4
16
-1.9
4.6
5.5
3.8
4.4
2.8
2.8
Less: Income payments to the rest
Equals: Gross national product
Less: Consumption of fixed capital
P rivate...........................
Government...................
General government
Government
enterprises...........
Equals: Net national product....
Addenda:
Net domestic product................
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
0.90
0.04
0.49
15
16
17
18
19
0.74
0.15
0.29
0.06
0.03
0.78
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
0.43
0.07
0.21
0.03
0.01
20
0.10
0.06
0.07
0.01
0.11
0.08
0.05
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
-0.02
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
-0.05
-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
0.05
0.31
0.14
0.07
0.09
-0.02
29
-0.14
-0.07
-0.06
-0.06
-0.06
-0.08
-0.05
30
31
32
33
34
3b
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
0.02
-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
0.01
0.00
0.06
0.17
0.03
0.14
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
0.58
0.14
0.11
0.09
0.02
0.03
0.02
0.00
0.45
0.41
0.04
51
-0.10
-0.06
-0.06
-0.04
-0.05
-0.03
-0.04
Net domestic purchases...........
Gross national product, current
1.4
1.0
2.9
3.1
2.1
3.1
3.5
2.5
2.2
3.8
4.1
2.4
2.8
-1.0
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 num bers, 2005=100]
Seasonally adjusted
Line
2009
2010
2009
IV
Gross domestic product............
Plus: Income receipts from the
2010
I
II
III
IV
1 101.917 104.804 103.012 103.960 104.403 105.065 105.789
? 100.427
105.396 109.555 109.907 110.940
3
4
5
6
7
8
95.203
103.413
113.468
113.281
114.235
115.117
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...........
92.797
102.192
113.198
113.211
113.019
113.823
114.754
114.388
116.353
117.379
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
115.758
115.283
117.866
119.006
9 109.045 111.282 109.873 110.371 110.961 111.561 112.234
m 100.691
102.038 103.257 103.718 104.311
11 100.363 103.429 101.570 102.593 103.025 103.686 104.411
12 97.224 100.621 98.073 99.114 100.478 101.571 101.320
Table 1.7.4. Price Indexes for Gross Domestic Product,
Gross National Product, and Net National Product
[Index numbers, 2005=100]
Seasonally adjusted
Line
2009
2010
2009
IV
52
53
54
55
-0.08
0.06
-0.87
0.63
1.40
0.02
0.39
0.93
2.13
0.00
0.74
1.32
2.13
0.07
0.58
1.45
0.11
0.07
-0.73
0.72
0.69
0.06
0.19
0.40
2.19
0.15
0.93
1.06
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 product............
Plus: Income receipts from the
2010
I
II
III
IV
1 109.618 110.670 109.693 109.959 110.485 111.060 111.176
V 109.446
110.071 110.527 110.547 110.754
3
4
5
6
7
8
110.173
109.691
105.901
104.322
114.152
114.026
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...........
109.505
109.612
106.665
105.097
114.865
114.617
105.652
103.886
114.854
114.626
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
105.958
104.167
115.288
114.957
9 116.128 116.013 114.777 115.052 115.598 116.415 116.988
10 110.053
110.261 110.619 111.225 111.880
11 110.065 111.437 110.270 110.630 111.244 111.901 111.974
12 110.034 111.880 110.898 111.608 111.630 111.832 112.451
March 2011
Survey
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
2009
IV
Gross domestic product...........
Plus: Income receipts from the
rest of the world........................
Less: Income payments to the
rest of the world........................
Equals: Gross national product
Less: Consumption of fixed
capital.........................................
Private..........................
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 assets....
Business current transfer
payments (ne t)............
Current surplus of
government
enterprises...................
Wage accruals less
disbursements.............
Plus: Personal income receipts on
assets.........................................
Personal current transfer
receipts.........................
Equals: Personal income..........
Addenda:
Gross domestic income...........
Gross national income.............
Gross national factor income '
Net domestic product..............
Net domestic income...............
Net national factor income 2....
Net domestic purchases
Seasonally adjusted at annual rates
2010
I
II
Line
629.8
664.7
483.6
4 14,265.3
693.7
696 1
704 0
499.1
502.6
500 8
5155
14,442.8 14,637.6 14,774.0 14,933.6
1,861.1
1,535.8
1,245.2
1,868.8
1,533.9
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
1,890.6
1,550.1
1,254.6
8
1,297.2
1,208.7
1,295.8
1,145.5
1,151.4
1,159.3
1,378.7
9
52.0
-32.7
61.1
-85.6
-85.4
-83.7
124.0
10
11
12
290.6
325.3
272.3
292.5
334.9
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
295.5
340.5
285.5
13
53.0
14 12,404.2
15
179.1
1fi 12,225.0
54.1
53.2
52.8
53.7
54.4
12,590.6 12,785.2 12,913.7 13,061.7
175.2
164.2
131.1
181.0
12,415.5 12,621.0 12,782.6 12,880.7
55.0
1/
1,258.0
1,418.2
1,566.6
1,614.1
1 640 1
18
964.4
999.0
976.8
988.5
996.1
1,002.2
1,009.3
19
970.3
1,004.4
974.8
987.8
1,001.9
1,010.2
1,017.6
20
784.3
737.3
765.6
765.9
736.2
719.6
727.4
21
134.0
132.1
129.8
130.5
130.8
133.4
133.5
Gross domestic product...........
Plus: Income receipts from the
rest of the world........................
Less: Income payments to the
rest of the w orld ........................
Equals: Gross national product
Less: Consumption of fixed
capital........................................
P rivate..........................
Government..................
General government
Government
enterprises..........
Equals: Net national product....
Addenda:
Gross domestic income ' ........
Gross national income 2 ..........
Net domestic product...............
Net domestic income 3 ............
Net domestic purchases
-13.3
-11.3
-12.1
-13.1
-14.2
I
575.5
604.0
3
441.6
4 13,014.7
24
5.0
1,919.7
0.0
1,906.4
0.0
1,889.2
0.0
1,911.1
0.0
1,914.4
0.0
1,889.7
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 12,789.0 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 13,304.7 12,851.5 13,073.8 13,257.6
IV
b
6
7
8
1,744.8
1,461.3
283.2
237.5
1,768.8
1,476.5
291.5
245.0
9
45.7
m 11,271.5
46.6
11
1?
13
14
15
627.8
635.7
629 8
1,749.0
1,462.2
286.2
240.2
1,773.2
1,479.8
292.6
245.9
1,784.3
1,488.1
295.3
248.4
46.0
46.2
46.5
46.7
11,422.3 11,558.8 11,610.4 11,676.7
47.0
1,754.8
1,466.1
288.1
241.9
12,717.1
12,859.3 12,989.5
13,010.4 13,163.6
12,851.3
11,137.3 11,477.5 11,271.2 11,384.8
10,974.5
11,112.2 11,236.4
11,491.7 11,893.1 11,592.0 11,715.0
1,762.9
1,472.1
290.2
243.7
13,076.2
13,254.1
11,432.7
11,314.9
11,876.3
13,115.5
13,286.3
11,506.1 11,586.4
11,344.3
12,005.4 11,975.7
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.
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
2010
I
III
II
IV
0.0
1,910.2
14,564 1
14 752 6
13 631 1
12,873.2 12,970.4
12,692 2
11,759 2
13,423.7 13,463.4
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.
III
-13.7
25 2,132.8 2,294.8 2,188.2 2,245.5 2,286.1 2,316.4 2,331.1
26 12,174.9 12,544.6 12,239.0 12,350.3 12,517.1 12,595.5 12,715.3
71
?8
?°i
30
31
3?
33
II
453.1
454.0
452 3
465.3
13,170.1 13,313.0 13,372.7 13,449.3
IV
23
2010
1 12,880.6 13,245.6 13,019.0 13,138.8 13,194.9 13,278.5 13,370.1
Line
-13.2
2009
IV
5
6
7
22
2010
IV
III
1 14,119.0 14,657.8 14,277.3 14,446.4 14,578.7 14,745.1 14,861.0
?
2009
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
of the world, command basis 1
Less: Income payments to the rest
of the world, command basis 1
Equals: Command-basis gross
national prod uct1’ 3..................
Addenda:
Command-basis net domestic
product4..................................
Net domestic product..................
Command-basis net national
p roduct4..................................
Net national product....................
Percent change from
preceding period:
Real gross domestic product
Command-basis gross
domestic product...............
Real gross national product...
Command-basis gross
national product.................
1 101.917 104.804 103.012 103.960 104.403 105.065 105.789
2 114.228 127.698 120.569 123.858 126.592 128.679 131.662
3
91.418 102.987
93.874
4
99.045 102.239
99.829 100.797 102.070 103.117 102.972
96.401 103.613 107.718 104.215
b 110.334 126.814 117.450 121.536 125.674 127.609 132.464
6
88.393 104.507
94.678
99.586 104.892 106.598 107.050
7 101.917 104.403 102.457 103.134 104.065 105.081 105.348
8 100.273
q
105.247 109.285 109.642 110.698
92.704
95.200
10 102.188
95.359
95.007
97.640
102.854 103.701 104.654 105.612
11 100.389 103.009 100.970 101.691 102.675 103.737 103.945
12 100.363 103.429 101.570 102.593 103.025 103.686 104.411
13 100.705
14 100.691
101.426 102.338 103.346 104.342
102.038 103.257 103.718 104.311
1b
-2.6
2.8
5.0
3.7
1.7
2.6
2.8
16
17
-1.6
-2.8
2.4
2.6
4.9
2.7
4.4
3.7
1.8
4.0
2.3
1.0
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
March 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
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 uct12.............................................................................
Addenda:
Command-basis net domestic p roduct4....................................................................................................
Net domestic product....................................................................................................................................
Trading gains index 5....................
Terms of trade index 6..................
Terms of trade, goods 7...........
Terms of trade, nonpetroleum goods 8...................................................................................................
2010
I
III
II
IV
1
2
3
4
5
6
7
8
q
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
13,245.6
1,666.5
2,088.4
13,660.3
1,655.0
2,119.2
13,194.9
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
13,370.1
1,718.3
2,113.3
13,758.2
1,728.5
2,170.1
13,313.5
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
11,431.0
11,477.5
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
11,534.3
11,586.4
99.625
97.775
97.350
103.445
99.600
97.944
97.911
105.293
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.
1. 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
Gross domestic incom e........................................................................................................................
Compensation of employees, paid..............................................................................................................
Wage and salary accruals
Disbursements.............
To persons...............
To the rest of the world.........................................................................................................................
Wage accruals less disbursements........................................................................................................
Supplements to wages and salaries...........................................................................................................
Taxes on production and imports................................................................................................................
Less: Subsidies................................................................................................................................................
Business current transfer payments (net)................................
Proprietors’ income with inventory valuation and capital consumption adjustments.......................
Rental income of persons with capital consumption adjustm ent.......................................................
Corporate profits with inventory valuation and capital consumption adjustments, domestic
industries...............................................................................................................................................
Taxes on corporate incom e.................................................................................................................
Profits after tax with inventory valuation and capital consumption adjustm ents.........................
Undistributed corporate profits with inventory valuation and capital consumption
adjustments..................................................................................................................................
Current surplus of government enterprises
Consumption of fixed capital....................
Private.........................................................
Government...............................................
Addendum:
2010
I
II
III
IV
13,939.9 ..................
7,999.7
7,819.5
14,102.1
7,839.2
14,282.2
7,866.3
14,447.6
7,978.3
14,564.1 ..................
8,044.6
8,109.6
6,413.6
6,286.9
6,413.6
6,281.9
..................
6,271.2
10.8 ..................
0.0
5.0
1,586.1
1,532.6
6,292.8
6,292.8
6,281.9
10.8
0.0
1,546.5
6,299.6
6,299.6
6,288.4
11.2
0.0
1,566.7
6,397.2
6,397.2
6,385.7
11.5
0.0
1,581.1
6,452.1
6,505.5
6,452.1
6,505.5
..................
6,440.6
11.6 .
0.0
0.0
1,592.4
1,604.1
1,024.7
60.3
3,294.9
1,035.2
58.4
3,433.9
1,045.9
57.4
3,575.0
1,054.6
58.5
3,612.9
1,060.8
58.6
3,645.4
132.1
1,055.3
301.2
3,445.1
954.8
129.8
1,022.1
282.8
3,587.1
955.0
130.5
1,030.7
292.7
3,626.0
923.9
130.8
1,049.7
298.8
3,659.6
905.1
133.4
1,059.5
303.8
W
905.7 ..................
254.9 ..................
650.8 ..................
611.6
1,055.7
319.1
736.6
596.1
1,178.1
403.2
774.9
621.2
1,222.7
405.6
817.1
591.6
1,257.7 ..................
429.4
828.3 .................
624.3
21
22
39.2 ..................
-1 3 .2
-1 3 .3
140.5
-1 1 .3
153.6
-12.1
225.6
-13.1
204.0 .................
-1 4 .2
-13.7
1
2
3
4
5
6
7
8
9
10
11
1V
13
14
1b
16
1/
18
19
23
24
25
3,308.1
982.5
134.0
1,011.9
274.0
1,058.1
59.0
1,071.0
61.6
133.5
1,081.0
309.5
1,861.1
1,868.8
1,852.2
1,852.4
1,860.4
1,871.9
1,890.6
1,535.8
325.3
1,533.9
334.9
1,525.5
1,522.8
329.6
1,527.4
326.8
333.0
1,535.5
336.4
1,550.1
340.5
175.2
164.2
131.1
181.0
179.1
March 2011
Survey
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 em ployees.......................................................................................................................
Wage and salary accruals
....................................................
Government.............
O ther.........................
Supplements to wages and salaries
Employer contributions for employee pension and insurance funds.................................................
Employer contributions for government social insurance...............
Proprietors’ income with IVA and CCAdj..................................................................................................
Farm...........................................
N onfarm ....................................
Rental income of persons with CCAdj
Corporate profits with IVA and CCAdj
Net dividends....................................
Undistributed profits with IVA and CCAdj
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 (ne t).......................................................................................................................
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 adjustment........................................................................................................
Nonfarm................................
Proprietors’ income (without IVA and CC A dj)..................................................................................
Inventory valuation adjustment..........................................................................................................
Capital consumption adjustment
Rental income of persons with CCAdj
Rental income of persons (without CCAdj)...........................................................................................
Capital consumption adjustment............................................................................................................
Corporate profits with IVA and CCAdj
Net dividends......................
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
Vfi
71
28
?9
1,427.9
284.2
1,019.8
-123.9
30
31
32
33
34
35
36
37
38
39
40
41
4?
4?
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
7,991.3
6,405.3
1,187.1
5,218.2
1,586.1
1,106.8
479.2
1,055.3
44.9
1,010.3
301.2
732.6
737.3
1,058.1
59.0
132.1
37.4
94.8
-0.1
-13.3
1,017.4
1,055.3
44.9
50.4
-5.5
1,010.3
897.8
-6.4
118.9
301.2
315.8
-14.6
732.6
-131.5
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
12,880.7
8,036.2
6,443.7
1,185.3
5,258.5
1,592.4
1,110.3
482.2
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
8,101.2
6,497.1
1,184.4
5,312.7
1,604.1
1,118.2
485.9
1,081.0
55.5
1,025.6
309.5
745.0
727.4
1,071.0
61.6
133.5
38.8
96.2
-1.5
-13.7
1,028.9
1,081.0
55.5
60.9
-5.5
1,025.6
882.1
-16.6
160.1
309.5
324.1
-14.6
745.0
-16.1
National Data
D-18
March 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
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
220.1
79.1
663.3
170.3
492.9
511.4
-18.5
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 paym ents..............................
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.......................
Gross value added o f financial corporate business 1....
Gross 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 CCAdj)............................
Profits after tax (without IVA and CCAdj)................................
Inventory valuation adjustm ent................................................
Capital consumption adjustment..............................................
Nonfinancial corporate business:
Profits before tax (without IVA and CCAdj)............................
Profits after tax (without IVA and CCAdj)................................
Inventory valuation adjustm ent................................................
Capital consumption adjustment..............................................
964.4
709.5
11.9
-70.6
706.4
536.1
11.9
-55.1
7.810.6
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
521.4
497.3
24.1
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
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
8.163.3
1,019.0
7.144.3
4.879.7
3.995.2
884.5
661.4
1.603.3
252.1
93.5
1.257.7
429.4
828.3
624.3
204.0
1.177.2
6.986.2
877.5
6,108.6
4.327.3
3,545.5
781.8
613.4
1,167.9
199.2
79.8
888.9
293.6
595.3
538.7
56.6
-131.5
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
-16.1
-110.3
839.1
637.3
-67.2
-48.7
1,021.8
756.6
-36.4
-144.9
1,037.5
750.1
-3.5
-145.4
1,069.7
776.1
-36.4
-144.4
-6.6
1,017.4
4,843.8
3,963.5
880.2
659.4
92.3
876.1
4,293.7
3,515.6
778.1
611.5
78.9
1,028.9
4,922.4
4,031.8
890.6
666.1
92.1
885.9
4,370.5
3,583.2
787.2
618.6
80.0
Value-added, in billions of chained (2005) dollars
6,141.7
830.5
5,311.2
Gross value added of nonfinancial corporate business :
Consumption of fixed c a p ita l3.............................................
Net value added 4..................................................................
842.2
6,266.5
830.3
5,436.2
6,431.3
833.6
5,597.7
6,501.5
838.4
5,663.1
6,486.0
844.9
5,641.2
851.:
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
II
III
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 ote . The current-dollar gross value added is deflated using the gross value added chain-type price index for nonfinancial industries from the GDP-by-industry accounts. For periods when this price index is not avail
able, the chain-type price index for GDP goods and structures is used.
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment
March 2011
S urvey
of
D-19
C u r r e n t B u s in e s s
Table 2.1. Personal Income and Its Disposition
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2009
2010
2009
2010
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 fu n d s.............................................
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) dollars 3..............................................................................................
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....................................................................
II
I
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
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
12,544.6
7,991.3
6,405.3
5,218.2
1,187.1
1,586.1
1,106.8
479.2
1,055.3
44.9
1,010.3
301.2
1,906.4
1,193.7
712.6
2,294.8
2,257.4
1,213.9
136.6
61.4
19.8
825.8
37.4
1,004.4
1,167.1
11,377.5
10,721.8
10,350.6
198.6
172.5
100.8
71.7
655.7
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
12,595.5
8,036.2
6,443.7
5,258.5
1,185.3
1,592.4
1,110.3
482.2
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
1,010.2
1,178.2
11,417.3
10,736.3
10,366.3
197.1
172.9
101.8
71.1
681.0
6.0
12,715.3
8,101.2
6,497.1
5,312.7
1,184.4
1,604.1
1,118.2
485.9
1,081.0
55.5
1,025.6
309.5
1,910.2
1,186.3
723.8
2,331.1
2,292.3
1,232.6
127.7
64.0
19.9
848.0
38.8
1,017.6
1,206.2
11,509.1
10,883.2
10,519.8
187.5
175.8
103.0
72.8
626.0
5.4
35
9,191.1
9,223.7
9,109.7
9,111.7
9,226.6
9,252.1
9,304.4
36
10,099.8
10,238.5
10,080.4
10,113.3
10,251.9
10,276.6
10,312.3
37
38
39
35,888
32,847
307,483
36,689
33,016
310,106
36,049
32,673
308,521
36,282
32,717
309,120
36,704
33,100
309,724
36,778
33,103
310,438
36,990
33,144
311,140
40
41
0.7
0.6
3.1
1.4
2.7
0.0
3.4
1.3
5.5
5.6
1.7
1.0
3.3
1.4
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
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
6,274.1
5,100.5
1,064.0
661.5
4,036.6
990.5
3,046.1
1,173.6
6,405.3
5,218.2
1,056.5
673.1
4,161.7
1,010.1
3,151.6
1,187.1
6,284.9
5,110.0
1,046.1
658.3
4,064.0
988.2
3,075.7
1,174.9
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
6,443.7
5,258.5
1,067.0
682.0
4,191.4
1,017.3
3,174.1
1,185.3
IV
6,497.1
5,312.7
1,072.5
685.2
4,240.2
1,029.6
3,210.6
1,184.4
1. Other services-producing industries consists of information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises,
administrative and support and waste management and remediation services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other
services.
N o te . Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
National Data
D-20
March 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
2010
2009
2010
IV
Personal consumption expenditures (P C E )....................................................................................
Goods.................................................................................................................................................................
Durable goods................................................................................................................................................
Motor vehicles and parts..........................................................................................................................
Furnishings and durable household equipment...................................................................................
Recreational goods and vehicles............................................................................................................
Other durable goods................................................................................................................................
Nondurable goods.........................................................................................................................................
Food and beverages purchased for off-premises consumption.........................................................
Clothing and footwear..............................................................................................................................
Gasoline and other energy goods..........................................................................................................
Other nondurable goods..........................................................................................................................
Services.............................................................................................................................................................
Household consumption expenditures (for services)...............................................................................
Housing and utilities..................................................................................................................................
Health care.................................................................................................................................................
Transportation services............................................................................................................................
Recreation services.................................................................................................................................
Food services and accommodations.....................................................................................................
Financial services and insurance............................................................................................................
Other services...........................................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (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 energy 6......................................................................................
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
-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
7.6
3.5
8.6
12.1
5.9
2.8
2.7
5.6
-0.2
2.9
0.5
0.4
1.1
1.3
1.3
-0.5
2.3
-2.3
-1.1
2.7
1.0
0.4
0.9
1.7
-1.1
-21.3
9.4
15.8
-0.8
3.1
5.1
5.8
-2.3
2.4
0.5
0.2
1.7
1.8
-1.0
-1.0
0.6
-3.7
-1.2
8.6
1.6
-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
4.1
9.8
21.0
48.4
10.1
12.1
4.4
4.8
4.9
12.6
-3.1
5.3
1.4
1.4
0.0
3.0
2.0
0.2
2.4
2.5
0.2
2.4
3.2
3.5
25
26
27
28
-1.4
1.1
-1.0
-1.1
1.7
1.9
2.1
2.0
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
4.6
-3.5
4.5
5.1
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 (P C E )....................................................................................
Percentage points at annual rates:
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......................................................................................
I
II
III
IV
1
-1.2
1.8
0.9
1.9
2.2
2.4
4.1
2
3
4
5
6
7
8
9
10
11
12
13
14
1b
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
1.39
0.77
0.11
0.21
0.37
0.08
0.62
0.21
0.18
0.00
0.24
0.36
0.29
0.20
0.22
0.04
-0.02
0.14
-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
3.15
2.06
1.38
0.24
0.38
0.07
1.09
0.38
0.39
-0.11
0.43
0.99
0.93
0.00
0.49
0.06
0.01
0.14
0.20
0.02
0.07
0.34
0.28
25
26
27
28
-1.19
0.06
-0.85
-0.84
1.44
0.10
1.82
1.51
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
3.97
-0.20
3.93
3.75
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.
March
2011
Survey
of
C u r r e n t B u s in e s s
D -2 1
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 (P C E )....................................................................................
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.....................................................................................
2010
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
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
105.617
105.771
106.581
81.850
104.526
147.559
104.445
105.338
105.819
109.362
93.499
108.986
105.562
104.912
105.808
110.927
88.917
104.078
102.818
101.838
103.409
122.871
109.899
105.787
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
106.881
108.396
111.889
88.951
107.713
153.717
105.992
106.732
106.994
112.082
93.122
110.946
106.155
105.492
106.321
111.918
89.902
104.640
103.782
101.775
103.605
123.835
110.942
106.848
25
26
27
28
104.493
94.956
103.517
104.278
106.229
96.751
105.671
106.398
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
107.545
97.417
107.006
107.808
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 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
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
111.125
105.398
92.456
103.149
93.662
74.759
111.940
112.727
113.938
97.912
125.557
112.804
114.167
114.734
113.509
115.557
118.008
112.016
115.949
113.098
116.508
101.189
113.607
118.185
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
111.608
105.939
91.714
103.534
92.024
73.148
113.252
114.006
114.381
97.435
133.643
113.102
114.616
115.154
113.709
116.458
118.346
112.450
116.674
112.567
117.186
102.287
114.586
119.118
25
26
27
28
108.774
110.250
109.372
108.826
110.211
121.606
111.092
110.018
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
110.469
125.944
111.652
110.330
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-22
National Data
March 2011
Table 2.3.5. Personal Consumption Expenditures by Major Type of Product
[Billions o f dollars]
Seasonally adjusted at annual rates
Line
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
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
10,350.6
3,426.7
1,089.3
345.9
258.3
334.7
150.3
2,337.4
801.8
337.9
357.9
839.8
6,923.9
6,657.8
1,901.0
1,686.8
300.0
381.0
626.3
820.9
941.8
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
10,519.8
3,529.6
1,134.6
377.3
261.6
341.4
154.4
2,395.1
813.8
344.6
379.5
857.1
6,990.1
6,719.0
1,913.6
1,715.1
304.2
384.5
636.1
816.5
949.0
271.1
1,111.9
840.7
25
26
27
28
8,705.0
518.4
8,758.5
7,462.7
8,966.6
582.2
9,081.2
7,697.7
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
9,098.9
607.1
9,242.2
7,821.7
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 services5....
Market-based PCE 6.....................................................................................................................................
Market-based PCE excluding food and energy 6......................................................................................
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.
Table 2.3.6. Real Personal Consumption Expenditures by Major Type of Product, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
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 institutions 3 ...................................
Residual..............................................................................................................................................................
Addenda:
PCE excluding food and energy 4...............................................................................................................
Energy goods and services 5......................................................................................................................
Market-based PCE 6.....................................................................................................................................
Market-based PCE excluding food and energy 6 ......................................................................................
2010
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
2b
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
9,314.4
3,251.3
1,178.2
335.3
275.8
447.6
134.3
2,073.5
703.7
345.1
285.0
744.4
6,064.6
5,802.7
1,674.8
1,459.7
254.2
340.1
540.1
725.7
808.2
263.0
961.2
698.8
-22.0
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
-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
9,425.9
3,332.0
1,236.9
364.4
284.2
466.3
136.3
2,100.9
711.5
353.7
283.9
757.8
6,098.7
5,834.8
1,682.9
1,472.8
257.0
342.0
545.2
725.3
809.8
265.1
970.3
705.8
-31.7
26
27
28
29
8,002.9
470.2
8,008.0
6,857.4
8,135.8
479.1
8,174.6
6,996.8
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
8,236.7
482.4
8,277.9
7,089.5
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
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.
March
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 consumption expenditures (P C E )....................................................................................
Goods.................................................................................................................................................................
Durable goods...............................................................................................................................................
Motor vehicles and parts.............................
Furnishings and durable household equipment
Recreational goods and vehicles...............
Other durable goods....................................
Nondurable goods.........................................................................................................................................
Food and beverages purchased for off-premises consumption.........................................................
Clothing and footwear..............................................................................................................................
Gasoline and other energy goods..........................................................................................................
Other nondurable goods.........................................................................................................................
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 ...................................
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
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
-4.1
-6.0
0.6
3.2
0.4
-0.7
18.0
1.9
1.7
1.8
0.2
2.5
2.1
1.1
1.4
3.3
2.8
0.1
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
25
26
27
28
1.5
-19.2
0.3
1.9
1.3
10.3
1.6
1.1
2.1
18.0
2.2
1.4
1.2
16.4
1.7
0.7
III
0.0
-3.6
-1.6
2.6
-1 1
-4.9
1.4
-4.6
1.6
IV
-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
3.4
-2.2
-0.4
-4.2
-5.9
5.5
6.2
1.4
-3.6
45.7
0.7
1.1
1.0
0.6
1.9
1.5
0.2
1.2
-0.4
1.3
3.1
2.2
1.9
1.0
-17.5
-0.2
1.0
0.5
5.4
1.3
1.1
0.5
24.3
1.9
0.4
1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.
D-24
National Data
March 2011
3. G o v e rn m e n t C u rre n t R e c e ip ts a n d E x p e n d itu re s
Table 3.1. Government Current Receipts and Expenditures
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2009
2010
2009
IV
Personal current ta xe s.................................................................................................................................
Taxes on production and imports
Taxes on corporate income
Taxes from the rest of the w orld..................................................................................................................
Contributions for government social insurance.............................................................................................
Income receipts on assets...
Interest and miscellaneous receipts
Dividends.......................................................................................................................................................
Current transfer receipts.......
From business (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
To the rest of the world.................................................................................................................................
Subsidies.............................................
Less: Wage accruals less disbursements
Net government saving.........
Social insurance funds......................
?4
25
26
27
28
Addenda:
Total receipts................................................................................................................................................
Current receipts........................................................................................................................................
Capital transfer receipts
Total expenditures
Current expenditures
Gross government investment
Capital transfer payments
Net purchases of nonproduced assets..................................................................................................
Less: Consumption of fixed capital........................................................................................................
Net lending or net borrowing ( - ) ..............................................................................................................
30
31
32
33
34
35
36
37
38
3P
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
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
1,167.1
1,058.1
12.6
1,009.5
163.3
143.4
20.0
195.6
94.8
100.8
-13.3
5,282.9
2,490.7
2,331.9
2,273.5
2,257.4
16.2
58.4
401.2
59.0
0.0
-269.5
19.5
5,562.3
5,282.9
509.6
90.1
14.6
334.9
2010
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
4,020.8
2,656.0
1,178.2
1,060.8
404.8
12.1
1,015.4
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
-1,295.6
-272.1
-1,023.6
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
4,040.8
4,020.8
20.1
5,577.3
5,316.4
519.3
61.7
16.3
336.4
-1,536.4
IV
1,206.2
1,071.0
12.7
1,022.8
166.2
145.0
21.2
199.2
96.2
103.0
-13.7
5,356.9
2,510.1
2,368.7
2,308.6
2,292.3
16.3
60.1
416.4
61.6
0.0
-264.0
8.0
5,608.3
5,356.9
522.6
54.5
14.8
340.5
March 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
income...........................
Federal Reserve banks
O ther..............................
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 funds.........
O th er......................................
Addenda:
Total receipts...................
Current receipts............
Capital transfer receipts
Total expenditures..........
Current expenditures....
Gross government
investment................
Capital transfer
payments...................
Net purchases of
nonproduced assets
Less: Consumption of
fixed capital..............
Net lending or net
borrowing ( - ) ...............
2009
2010
2009
Seasonally adjusted at annual rates
2010
Line
IV
I
II
III
875.2
2,231.7
1,166.2
823.4
2,322.8
1,253.6
843.2
2,364.7
1,281.1
868.5
2,417.3
1,321.2
886.4
902.6
106.6
78.1
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
110.2
79.1
31.2
233.2
77.5
155.8
297.1
88.9
208.3
293.2
69.6
223.6
313.7
82.4
231.3
12.6
12.4
12.6
12.8
12.1
12.7
953.5
46.2
22.7
18.7
4.8
67.9
48.1
19.8
987.1
45.2
25.6
17.0
2.6
59.8
40.0
19.8
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
992.9
47.6
26.3
18.6
2.7
60.5
40.5
20.0
1,000.3
47.5
26.4
18.2
2.9
59.3
39.8
19.5
19
20
21
22
-4.2
3,457.5
987.1
2,157.4
-4.2
3,718.9
1,043.5
2,328.4
-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
-4.5
3,776.7
1,056.6
2,357.5
23
24
25
1,620.2
1,604.7
15.5
1,740.4
1,724.2
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
1,757.9
1,741.6
16.3
26
537.3
588.0
547.9
577.1
578.8
596.4
599.7
27
484.6
529.6
501.1
514.6
525.0
539.3
539.5
28
29
30
31
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
57.5
46.8
266.4
130.0
136.3
57.2
33
0.0
0.0
0.0
0.0
0.0
1
?
3
2,205.8
1,142.4
852.7
4
5
6
94.4
71.4
23.1
f
8
q
182.1
47.4
134.6
10
13.2
11
12
13
14
15
16
17
18
60.7
0.0
0.0
-266.6
37
38
39
40
41
2,226.5
2,205.8
20.7
3,703.1
3,457.5
15.5
3,912.7
3,718.9
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
42
152.4
170.8
158.1
43
224.6
152.4
196.4
44
-7.0
0.3
45
124.3
129.7
2,384.2
2,364.7
19.6
3,936.3
3,701.2
2,433.1
2,417.3
15.8
3,935.6
3,760.7
4.2
3,950.3
3,776.7
160.8
168.2
172.3
181.7
158.3
196.4
130.9
124.0
-0.4
-0.1
-0.7
1.9
0.1
125.9
127.3
128.8
130.2
132.3
-1,521.9 -1,483.6 -1,552.1 -1,502.5
2009
IV
-1,310.3 -1,314.2 -1,336.5 -1,343.4
-272.2
-287.3
-277.6
-269.8
-274.6
-1,023.0 -1,036.7 -1,066.7 -1,068 7
2010
IV
34 -1,251.7
-252.4
35
3fi
-999.3
46 -1,476.6
2009
Current receipts.......................
Current tax receipts............................
Personal current taxes...................
Income taxes..............................
Other............................................
Taxes on production and imports
Sales taxes.................................
Property ta xe s...........................
Other............................................
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.......................
Other.....................................................
Addenda:
Total receipts.................................
Current receipts.........................
Capital transfer receipts............
Total expenditures.......................
Current expenditures................
Gross government investment
Capital transfer payments.........
Net purchases of nonproduced
assets.....................................
Less: Consumption of fixed
capital.....................................
Net lending or net borrowing (-)
1 2,005.8
? 1,267.0
3
287.3
4
259.1
28.2
5
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
951.5
430.1
436.3
85.1
22.4
118.1
98.8
3.0
16.3
665.5
529.6
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
291.5
280.6
291.8
265.0
251.3
262.9
262.5
28.9
29.4
29.0
28.9
938.0
948.1
951.8
945.3
424.4
426.4
432.0
420.8
437.8
428.9
431.8
434.8
88.4
82.0
89.0
86.9
88.1
61.3
82.0
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
303.6
274.5
29.1
960.8
437.6
440.7
82.4
22.5
118.7
98.5
3.0
17.2
679.4
539.5
56.3
83.6
20
-9.0
-7.7
-8.7
-8.9
-9.2
-9.0
-9.3
21 2,025.9 2,093.6 2,040.6 2,067.2 2,092.4 2,095.0 2,119.7
22 1,424.4 1,447.2 1,432.2 1,447.4 1,446.7 1,441.3 1,453.5
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
2,129.8
2,073.1
2,054.4
2,005.8
67.4
66.3
75.3
2,189.3 2,241.5 2,195.7
2,025.9 2,093.6 2,040.6
342.4
351.0
338.9
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
30
31
32
33
34
35
36
2,216.2
2,142.7
73.5
73.3
2,250.2 2,267.1
2,095.0 2,119.7
346.9
340.9
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
208.2
March 2011
National Data
D-26
Table 3.9.1. Percent Change From Preceding Period in Real Government
Consumption Expenditures and Gross Investment
Table 3.9.2. Contributions to Percent Change in Real Government
Consumption Expenditures and Gross Investment
[Percent]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
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
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
1.0
1.0
1.4
-2.0
7.0
4.8
3.7
11.7
23.2
9.2
3.9
2.9
10.6
20.4
8.8
6.6
5.5
14.5
26.9
10.0
-1.4
-1.0
-3.2
-4.4
2.7
-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
Line
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
II
III
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
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
2009
2010
IV
-1.5
-2.0
0.9
-7.0
14.4
-0.2
-3.5
21.5
21.9
21.4
-2.1
-6.6
27.7
29.6
27.3
3.7
3.0
8.3
13.1
6.4
-2.4
-0.9
-8.3
-10.2
0.2
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. 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
IV
I
II
III
IV
1
1.6
1.0
-1.4
-1.6
3.9
3.9
-1.5
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
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
0.24
-0.21
0.45
1.87
1.26
0.61
0.22
0.39
1.04
0.66
0.39
0.11
0.28
0.83
0.60
0.22
0.11
0.11
-0.85
-0.48
-0.37
-0.43
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
-1.67
0.15
-0.76
0.91
-0.09
-1.23
1.14
0.23
0.91
-0.58
-1.58
1.00
0.17
0.83
0.48
0.34
0.14
0.06
0.08
-1.43
-0.44
-0.99
-0.99
0.00
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
108.384
107.814
111.258
98.834
135.659
122.899
119.519
147.534
184.596
140.406
122.280
118.240
151.734
217.501
143.366
124.192
122.185
138.861
155.233
133.166
100.263
100.663
98.631
93.322
126.460
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
Line
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
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
108.852
107.924
113.531
99.532
141.245
124.806
120.493
156.467
197.224
148.632
123.574
118.367
161.781
233.184
152.700
127.383
124.931
145.437
165.143
138.555
99.933
100.247
98.655
93.271
126.940
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
116.808
116.805
116.823
126.965
101.432
112.743
114.001
104.758
117.523
102.675
113.514
114.700
106.040
117.179
104.889
111.163
112.572
101.947
117.787
97.115
119.269
118.618
122.023
127.783
99.128
2010
2009
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
117.563
117.594
117.416
128.006
101.459
113.226
114.502
105.130
118.448
102.929
114.103
115.309
106.514
118.010
105.306
111.433
112.862
102.093
118.829
96.950
120.220
119.624
122.734
128.835
98.671
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.
March 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
Seasonally adjusted at annual rates
Line
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 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
2009
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
2010
3,000.3
2,490.7
509.6
309.4
200.3
1,214.3
1,043.5
170.8
34.2
136.6
817.7
698.3
119.4
19.0
100.4
396.6
345.2
51.3
15.1
36.2
1,786.1
1,447.2
338.9
275.2
63.7
2010
2009
Line
IV
1
II
III
IV
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
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
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
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
3,032.7
2,510.1
522.6
314.1
208.6
1,238.3
1,056.6
181.7
36.8
145.0
830.6
702.7
127.9
20.5
107.4
407.7
353.9
53.8
16.2
37.6
1,794.4
1,453.5
340.9
277.3
63.6
1. Government consumption expenditures are services (such as education and national defense) produced by govern
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction 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..........
R esidual.............................................
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
2,568.6
2,132.4
436.1
243.6
197.4
1,077.0
915.3
163.0
29.0
133.0
720.3
608.7
112.6
16.2
95.7
356.7
306.7
50.3
12.8
37.3
1,497.5
1,220.1
277.7
215.3
64.2
-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
2,579.7
2,134.6
445.1
245.3
205.6
1,093.7
922.8
172.8
31.0
140.8
727.9
609.4
120.1
17.4
101.9
365.9
313.6
52.7
13.7
38.8
1,492.6
1,215.0
277.8
215.2
64.5
-9.8
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.
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 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 c a 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 c a p ita l2........
Intermediate goods and services
purchased 3....................................
Durable goods................................
Nondurable goods.........................
Services...........................................
Less: Own-account investm ent4..........
Sales to other sectors...............
Tuition and related
educational charges.........
Health and hospital charges
Other sales............................
1
2
3
2010
I
II
III
IV
2.5
2.8
1.7
2.7
2.8
-1.4
-2.0
-1.8
-0.1
-0.8
1.9
2.0
1.6
1.0
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
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
-4.0
2.9
3.7
3.8
3.5
-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
-4.6
21.6
-1.1
-8.1
-8.2
-0.3
-3.5
-4.4
1.3
15
6.1
3.4
2.5
3.9
6.4
-2.4
0.1
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
4.2
-4.9
5.5 -15.4
2.5 -21.8
4.2
-0.6
5.2
-3.0
2.2
12.3
2.9
-3.6
2.9
-3.6
3.4
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
b.3
2.1
21.6
18.6
32.5
20.5
23.1
20.0
8.8
8.9
1.9
-10.6
33.2
-7.2
-16.0
-2.3
-62.5
-6.6
-6.4
2.4
26
6.6
3.1
1.9
1.3
0.9
1.2
27
4.6
4.4
4.0
3.8
4.6
5.2
6.2
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
17.7
19.1
17.1
18.9
4.8
-15.6
36.4
-16.8
-23.0
13.2
5.0
34
35
36
6.9
7.0
5.2
5.5
5.8
3.8
5.4
5.3
0.7
2.9
3.2
6.8
12.2
13.7
13./
8.1
8.6
-6.1
3.0
-0.2
-0.7
37
5.3
3.8
0.2
7.6
15.7
-7.8
-1.7
38
4.4
3.5
3.3
2.9
3.3
3.9
4.5
39
40
41
9.6
11.1
8.5
12.4
11.8
1.5
-1.6
13.4
13.8
15.6
31.3
29.9
0.4
-0.1
42
43
44
45
46
47
48
49
19.1
7.4
3.5
15.3
-0.7
0.1
-0.2
9.4
8.0
3.7
19.6
-1.0
-0.3
-0.8
5.2
7.3
-8.2
9.2
-0.4
0.1
-0.2
11.0
-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
0.7
0.0
-13.0
-78.6
-0.9
-0.3
-0.7
50
-0.7
-1.2
-0.5
-1.4
-0.7
-2.2
-1.2
51
2.6
2.3
2.2
2.1
2.3
2.5
2.8
1.6
1.7
1.0
1.9
11.3
2.4
0.3
-0.1
0.5
0.3
-9.8
2.4
2.8
2.8
1.5
2.8
2.8
1.6
3.8
52
53
54
55
56
57
0.6
0.9
0.0
1.0
-0.4
3.0
0.7
-0.3
-0.1
1.2
-6.1
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
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
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.
D-28
National Data
March 2011
Table 3.10.3. Real Government Consumption Expenditures and General Government Gross Output, Quantity Indexes
[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 c a p ita l2..........................................................
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 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 c a 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 c a 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
57
58
59
60
2010
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
107.814
108.251
106.444
104.599
117.379
111.272
134.328
104.677
111.784
103.263
111.483
119.519
119.297
114.601
112.799
121.332
125.461
154.418
115.839
123.534
110.584
105.164
118.240
118.073
114.119
111.996
120.976
122.963
154.648
101.698
120.699
108.881
97.577
122.185
121.798
115.495
114.163
122.261
131.091
152.766
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
107.924
108.432
106.360
104.234
119.006
111.902
142.052
105.532
111.735
103.599
112.108
120.493
120.119
115.158
112.913
123.656
126.637
167.418
119.391
123.041
113.618
91.883
118.367
118.228
115.039
112.456
123.469
122.170
168.211
101.260
117.763
114.111
98.855
124.931
123.985
115.360
113.672
124.104
136.705
159.095
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
130.244
129.844
111.951
110.180
100.663
102.774
102.938
101.411
114.404
102.521
105.568
102.236
102.457
101.544
111.711
107.213
112.610
113.575
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
137.163
134.799
113.208
88.207
100.247
102.640
102.582
100.862
115.518
102.811
105.848
102.496
102.764
101.237
112.742
108.338
113.791
114.326
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.
March 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
IV
Government 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........................................................................................................
Federal 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 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 c a 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 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 c a 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
1b
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
4?
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
2010
2009
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
116.805
117.330
117.779
118.364
114.626
116.605
104.519
121.502
116.009
116.084
120.871
114.001
113.990
115.165
117.397
107.446
112.500
103.302
116.572
113.190
114.569
112.507
114.700
114.703
116.468
119.015
108.881
112.614
104.284
123.192
112.935
115.750
114.736
112.572
112.562
112.785
114.715
103.663
112.241
92.200
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
117.594
118.147
118.367
119.001
114.957
117.781
104.357
124.744
116.622
116.816
121.878
114.502
114.493
115.408
117.652
107.650
113.306
102.964
118.736
113.973
115.101
113.082
115.309
115.312
116.837
119.416
109.156
113.491
103.942
127.636
113.721
116.515
115.368
112.862
112.858
112.798
114.728
103.677
112.898
91.895
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
117.532
127.700
114.002
115.991
109.208
113.774
113.645
110.665
118.618
119.098
118.962
118.766
120.623
119.292
106.719
122.634
118.359
116.420
121.085
134.467
117.309
117.924
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
118.981
130.434
115.556
116.507
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
120.873
134.185
117.086
117.769
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
121.472
135.434
117.676
117.987
109.510
114.551
113.993
111.208
119.624
120.104
119.718
119.569
121.063
120.769
106.950
126.174
118.798
117.204
122.105
136.188
118.172
118.733
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
National Data
March 2011
Table 3.10.5. Government Consumption Expenditures and General Government Gross Output
[Billions of 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 c a p ita l2..........................................................
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 toother sectors.............................................................................................................
Defense 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 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 c a 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 ' ...........................................................................................
Gross output of general government.................................................................................................
Value added......................................................................................................................................
Compensation of general government employees..................................................................
Consumption of general government fixed c a p ita l2...............................................................
Intermediate goods and services purchased 3............................................................................
Durable goods..............................................................................................................................
Nondurable goods........................................................................................................................
Services........................................................................................................................................
Less: Own-account investm ent4 .......................................................................................................
Sales to other sectors.............................................................................................................
Tuition and related educational charges..........................................................................
Health and hospital charges.............................................................................................
Other sales..........................................................................................................................
1
2
3
4
5
(j
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
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
2,490.7
2,920.5
1,800.9
1,520.1
280.8
1,119.6
76.7
276.7
766.2
28.5
401.2
1,043.5
1,060.1
579.1
456.2
122.9
481.0
51.6
54.9
374.6
5.9
10.8
698.3
704.5
378.0
287.6
90.5
326.5
47.7
26.2
252.7
2.6
3.7
345.2
355.6
201.1
168.6
32.5
154.5
3.9
28.7
-0.1
28.8
121.9
3.3
7.1
1,447.2
1,860.3
1,221.8
1,063.9
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
2010
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
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
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
61
154.6
157.9
154.7
155.8
157.2
158.5
52
53
54
55
56
57
58
59
60
608.5
25.1
199.8
383.6
23.6
369.0
81.8
165.4
121.8
638.5
25.1
221.9
391.6
22.6
390.5
88.2
174.8
127.5
621.3
25.0
209.7
386.6
23.0
377.8
84.1
169.3
124.3
635.7
24.9
221.8
389.0
22.1
382.8
85.7
171.5
125.7
634.8
25.1
219.4
390.3
22.5
388.7
87.7
173.8
127.2
635.4
25.1
217.4
392.9
23.2
393.0
89.1
175.9
127.9
IV
2,510.1
2,945.7
1,808.5
1,522.9
285.5
1,137.3
80.9
286.4
769.9
28.8
406.8
1,056.6
1,072.1
583.1
457.6
125.5
489.0
55.7
57.6
375.7
6.1
9.4
702.7
709.2
382.3
289.7
92.6
326.9
51.7
27.0
248.3
2.7
3.8
353.9
362.9
200.8
167.9
33.0
162.1
4.1
30.6
0.1
30.5
127.4
3.3
5.7
1,453.5
1,873.6
1,225.3
1,065.3
160.0
648.3
25.2
228.8
394.2
22.7
397.4
90.2
177.9
129.3
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.
March 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 ca 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 c a 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 c a 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 c a 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 c a 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
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
2,132.4
2,489.1
1,529.0
1,284.3
245.0
960.2
73.3
227.7
660.4
24.6
332.0
915.3
930.0
502.8
388.5
114.4
427.6
49.9
47.0
330.9
5.1
9.6
608.7
614.2
324.5
241.6
83.1
290.0
45.7
21.2
223.7
2.2
3.2
306.7
315.9
178.3
147.0
31.3
137.7
4.2
26.3
-0.1
26.4
107.1
2.9
6.4
1,220.1
1,562.0
1,027,0
895.8
130.9
535.3
23.5
180.9
330.9
19.4
322.5
65.6
149.0
108.1
-4.0
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
2,134.6
2,493.3
1,527.8
1,279.8
248.4
965.7
77.6
229.6
660.1
24.6
333.8
922.8
936.4
505.2
388.9
116.6
431.6
54.1
48.5
329.6
5.3
8.4
609.4
615.0
327.2
242.6
84.8
288.1
49.7
21.2
218.3
2.3
3.3
313.6
321.6
178.1
146.3
31.8
143.6
4.4
28.0
0.2
27.8
111.2
2.9
5.1
1,215.0
1,560.0
1,023.5
891.0
132.1
536.8
23.6
181.4
331.8
19.4
325.5
66.3
150.6
108.9
-4.8
1. Government consumption expenditures are services (such as education and national defense) produced by government that are valued at their cost of production. Excludes government sales to other sectors and
government own-account investment (construction and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the services of general government fixed assets; the use of depreciation assumes a zero net return on
these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and related expenditures for goods and services and is classified as investment in structures and in
software in table 3.9.5.
N o te . Chained (2 0 0 5 ) dollar series are calculated as the product of the chain-type quantity index and the 2 0 0 5 current-dollar value of the corresponding series, divided by 1 0 0 . Because the formula for the chain-type
quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed
lines.
March 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
IV
National defense consumption expenditures and gross investm ent........................................
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 m aterial...............................................................................................................
Travel of persons.
Less: Own-account investm ent4 ................................................................................................................
Sales to other sectors.....................................................................................................................
Gross investm ent5
Structures............
Equipment and software..............................................................................................................................
Aircraft.............
M issiles......................................................................................................................................................
Ships.............................
Vehicles........................
Electronics and software
Other equipment.........
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
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
3.4
3.1
1.6
6.5
4.4
2.3
5.0
4.1
2.3
10.7
12.5
2.9
6.6
-4.6
-4.8
0.5
-6.8
2.5
-2.5
-3.6
-1.6
10.8
27.8
-19.6
7.2
0.7
10.6
20.4
8.8
21.7
12.1
0.8
7.6
6.1
7.4
2010
2009
-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
I
II
III
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
-M l
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
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
-2.1
-6.6
-6.4
2.4
1.2
-1.5
7.1
6.2
-15.6
36.4
62.9
5.3
-16.4
32.5
2.8
62.3
-16.8
-38.8
36.5
5.8
-23.0
-18.4
-30.8
-52.7
-12.8
68.3
-46.0
13.2
5.0
27.7
29.6
27.3
-24.4
-2.7
46.5
15.1
5.4
90.7
1. National defense consumption expenditures are defense services produced by government that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction 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.
March 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
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..............................
Ships..................................
Vehicles..............................
Electronics.........................
Other durable goods.........
Nondurable goods.................
Petroleum products..........
Am munition.......................
Other nondurable goods...
S ervices.................................
Research and
development..................
Installation support...........
Weapons support.............
Personnel support............
Transportation of material
Travel of persons..............
Less: Own-account investment4
Sales to other se ctors.....
Gross investm ent5..........................
Structures.......................................
Equipment and software...............
Aircraft........................................
Missiles.......................................
S hip s...........................................
Vehicles......................................
Electronics and software..........
Other equipment........................
Seasonally adjusted
Line
2010
I
II
III
2010
IV
1 117.648 122.280 119.477 119.582 121.732 124.233 123.574
2 114.933 118.240 116.251 116.337 117.866 120.389 118.367
3 114.767 118.073 116.074 116.171 117.684 120.208 118.228
4 110.345 114.119 112.593 113.245 113.823 114.369 115.039
5 108.625 111.996 111.002 111.519 111.875 112.132 112.456
6 109.008 110.765 110.588 111.123 111.126 110.613 110.198
7 107.664 114.644 111.812 112.288 113.438 115.427 117.423
8 115.830 120.976 117.632 118.742 120.080 121.614 123.469
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
122.963
154.648
140.679
136.827
52.868
333.180
208.430
137.564
101.698
94.940
89.348
122.126
120.699
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
122.170
168.211
161.012
144.498
53.548
332.292
210.004
156.995
101.260
94.804
88.322
121.888
117.763
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
97.259
112.823
125.256
157.598
105.616
65.077
108.881
97.577
151.734
217.501
143.366
126.675
134.828
98.370
235.404
178.939
141.072
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
93.517
107.362
114.244
159.502
118.309
55.354
114.111
98.855
161.781
233.184
152.700
125.536
136.022
109.780
238.962
182.646
160.532
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 genera)
government em ployees....
M ilitary................................
Civilian................................
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 g oods................
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.........................................
Missiles.......................................
Ships............................................
Vehicles......................................
Electronics and software...........
Other equipment........................
2010
I
II
III
IV
1 111.342 113.514 111.590 113.046 113.377 113.529 114.103
2 112.240 114.700 112.522 114.191 114.555 114.746 115.309
3 112.245 114.703 112.529 114.190 114.560 114.749 115.312
4 114.539 116.468 114.114 116.277 116.312 116.446 116.837
b 116.620 119.015 116.070 118.835 118.794 119.014 119.416
6 118.171 120.975 117.262 120.676 120.688 120.977 121.558
7 113.407 114.957 113.633 115.024 114.869 114.949 114.985
8 108.333 108.881 108.275 108.656 108.915 108.796 109.156
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
112.614
104.284
101.942
108.041
109.568
105.083
101.849
106.977
123.192
131.726
120.269
111.428
112.935
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
113.491
103.942
101.413
107.680
109.805
105.557
101.324
106.828
127.636
140.316
121.927
111.944
113.721
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
114.189
113.868
110.706
111.191
113.337
123.224
115.750
114.736
106.040
117.179
104.889
104.750
107.099
121.994
106.157
93.131
105.698
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
115.235
114.808
111.151
111.737
115.339
124.440
116.515
115.368
106.514
118.010
105.306
107.498
107.359
123.030
106.223
92.551
105.538
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.
National Data
D-34
March 2011
Table 3.11.5. National Defense Consumption Expenditures
Table 3.11.6. Real National Defense Consumption Expenditures
and Gross Investment by Type
and Gross Investment by Type, Chained Dollars
[Billions of dollars]
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
2009
2010
IV
National defense
consumption expenditures
and gross investm ent........
Consumption expenditures 1........
Gross output of general
government................................
Value a dded...............................
Compensation of general
government employees....
Military................................
Civilian................................
Consumption of general
government fixed c a p ita l2
Intermediate goods and
services purchased 3 ...........
Durable goods.......................
Aircraft................................
M issiles..............................
S hips..................................
Vehicles..............................
Electronics.........................
Other durable goods.........
Nondurable goods................
Petroleum products..........
A mm unition.......................
Other nondurable goods...
S ervices.................................
Research and
development..................
Installation support...........
Weapons support.............
Personnel support............
Transportation of material
Travel of persons..............
Less: Own-account investm ent4
Sales to other se ctors......
Gross investm ent5..........................
Structures........................................
Equipment and software...............
Aircraft.........................................
Missiles........................................
S hip s...........................................
Vehicles......................................
Electronics and software..........
Other equipment........................
Line
2010
2009
I
II
III
2010
1
2
771.6
664.1
817.7
698.3
785.4
673.5
796.3
684.0
813.0
695.2
830.8
711.2
830.6
702.7
3
4
670.1
359.4
704.5
378.0
679.5
365.4
690.1
374.5
701.3
376.6
717.6
378.8
709.2
382.3
5
6
7
273.3
189.4
83.8
287.6
197.1
90.5
278.0
190.7
87.2
285.9
197.2
88.7
286.7
197.2
89.5
287.9
196.8
91.1
289.7
197.0
92.7
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
326.5
47.7
15.4
4.8
0.8
3.9
11.4
11.3
26.2
12.6
4.3
9.3
252.7
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
326.9
51.7
17.5
5.1
0.8
3.9
11.4
12.9
27.0
13.4
4.3
9.3
248.3
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
119.4
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
43.6
31.0
99.5
10.5
5.6
2.7
3.8
127.9
20.5
107.4
18.3
5.9
13.2
9.8
21.4
38.8
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
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 c a p ita l2
Intermediate goods and
services purchased 3............
Durable goods.......................
Aircraft................................
Missiles...............................
Ships...................................
Vehicles..............................
Electronics.........................
Other durable goods.........
Nondurable g oods................
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...............
A ircraft........................................
Missiles.......................................
Ships............................................
Vehicles......................................
Electronics and software...........
Other equipment........................
Residual...............................................
2010
I
II
III
IV
1
2
693.0
591.7
720.3
608.7
703.8
598.5
704.4
598.9
717.1
606.8
731.8
619.8
727.9
609.4
3
4
597.0
313.8
614.2
324.5
603.8
320.2
604.3
322.1
612.2
323.7
625.3
325.3
615.0
327.2
b
6
7
234.3
160.3
73.9
241.6
162.9
78.7
239.4
162.6
76.8
240.6
163.4
77.1
241.3
163.4
77.9
241.9
162.7
79.3
242.6
162.0
80.6
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
290.0
45.7
15.1
4.5
0.7
3.7
11.2
10.5
21.2
9.6
3.5
8.3
223.7
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
288.1
49.7
17.3
4.7
0.7
3.7
11.3
12.0
21.2
9.6
3.5
8.3
218.3
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
39.9
30.5
88.0
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
27.8
89.0
9.1
4.5
2.3
3.3
120.1
17.4
101.9
17.0
5.5
10.8
9.2
23.1
36.8
-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 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.
March 2011
Survey
of
D-35
C u r r e n t B u s in e s s
4. F o re ig n T ra n s a c tio n s
Table 4.1. Foreign Transactions in the National Income and Product Accounts
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2009
2010
2009
IV
Current receipts from the rest of the w orld............................................................ .........................
Exports of goods and services
Goods 1....................................
Durable.................................
Nondurable..........................
Services 1 ......................................................................................................................................................
Income receipts.............
Wage and salary receipts
Income receipts on assets
Interest....................
Dividends...................................................................................................................................................
Reinvested earnings on U.S. direct investment abroad......................................................................
Current payments to the rest of the world........................................................................................
Imports of goods and services
Goods 1....................................
Durable.................................
Nondurable..........................
Services 1......................................................................................................................................................
Income payments.........
Wage and salary payments
Income payments on assets
Interest....................
Dividends..................................................................................................................................................
Reinvested earnings on foreign direct investment in the United States............................................
Current taxes and transfer payments to the rest of the world (net)...................................................
From persons (net)........................................................................................................................................
From government (net).................................................................................................................................
From business (n e t).....................................................................................................................................
Balance on current account, NIPAs..................................................................................................
Addenda:
Net lending or net borrowing (-), NIPAs.....................................................................................................
Balance on current account, NIPAs........................................................................................................
Less: Capital account transactions (n e t)2............................................................................................
1
2
3
4
5
6
7
R
q
10
11
1?
13
14
15
16
17
18
19
?n
?1
??
??
?4
25
26
27
28
?9
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
?n
31
V
-380.3
-379.7
0.6
1,838.5
1,277.7
801.9
475.9
560.7
2,354.1
1,949.6
1,105.6
843.9
404.6
158.2
71.7
62.0
24.5
2010
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
??? ft
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
3.1
700.8
134.5
1931
373.1
3,066.8
2,399.4
1,988.2
1,143.0
845.2
411.2
515.5
11.6
503.9
320.1
80 9
103.0
151.9
71.1
56.3
24.5
-514.0
-401.3
-400.6
0.7
-4 4 5 4
-445 0
0.4
-493.0
-492.5
0.5
-51 4 6
-51 4 0
0.6
IV
1,929.4
1,353.2
833.2
520.0
576.2
2,422.4
2,009.4
1,149.4
859.9
413.0
155.4
72.8
58.5
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.
D-36
March 2011
National Data
Table 4.2.1. Percent Change From Preceding Period in Real Exports and in
Real Imports of Goods and Services by Type of Product
Table 4.2.2. Contributions to Percent Change in Real Exports and in
Real Imports of Goods and Services by Type of Product
[Percent]
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
Line
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 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
parts........................................
O th er...........................................
Automotive vehicles, engines, and
parts............................................
Consumer goods, except
automotive..................................
Durable goods...........................
Nondurable goods.....................
O ther...............................................
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...
Line
2010
I
II
III
2010
IV
1
2
3
4
5
6
7
-9.5
-12.0
-4.6
-6.8
-13.3
-3.5
-14.7
11.8
14.7
7.8
15.1
16.4
14.5
14.3
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
9.6
11.7
48.0
14.1
9.8
16.2
10.3
8
-3.7
-5.9
23.4
-31.1
-7.3
36.1
-7.9
9
10
-7.8
-18.0
19.4
19.0
25.9
30.5
23.1
29.2
21.3
25.4
10.7
9.4
22.5
13.2
11
-33.1
36.3
70.6
35.9
19.5
-6.4
7.4
12
13
14
15
16
-7.2
-16.8
5.2
^ .0
-3.9
9.2
17.4
1.1
9.2
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
18.5
13.3
24.9
-42.0
5.0
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
-4.3
9.5
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
-0.4
5.2
9.7
7.0
2.8
5.5
2.8
24
25
26
-13.8
-15.8
-5.4
12.7
14.8
3.1
4.9
6.2
-2.5
11.2
12.0
18.0
33.5
40.5
5.4
16.8
17.4
-0.6
-12.4
-14.1
-14.7
27
28
29
30
31
-24.3
-29.9
-18.3
-8.8
-16.8
14.9
15.6
14.1
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
-16.8
-17.0
-16.5
-55.7
8.7
32
-18.1
-0.3
14.7
-10.5
-0.3
20.2
4.4
33
34
-1.5
-21.4
27.5
23.4
79.2
18.3
8.8
22.2
51.5
54.5
-20.9
35.4
-9.1
16.4
35
-32.4
42.0
52.0
12.1
69.9
15.6
-17.9
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
12.6
16.1
8.9
7.1
3.5
2.5
-3.9
-0.7
11.5
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
-2.1
0.4
-4.9
92.2
-3.7
-21.0
-6.0
-11.4
-19.1
10.3
5.0
-5.6
48
49
50
51
52
53
54
-17.1
-2.3
-3.2
-12.8
-20.6
-9.4
-17.4
17.4
10.2
8.5
15.3
22.7
5.4
18.2
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
7.5
18.9
45.0
8.7
0.2
-30.0
-1.0
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 g oods.....................
Capital goods, except automotive
Civilian aircraft, engines, and
p a rts.......................................
Computers, peripherals, and
p a rts.......................................
Other............................................
Automotive vehicles, engines, and
parts.............................................
Consumer goods, except
automotive..................................
Durable goods...........................
Nondurable 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................................................
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 goods.....................
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
11.8
24.4
11.4
9.1
6.8
9.6
2
3
4
5
6
7
-8.35
-0.26
-1.32
-0.89
-0.44
-3.75
9.92
0.50
2.93
1.05
1.88
3.45
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
8.07
2.41
2.91
0.66
2.25
2.50
8
-0.16
-0.28
1.05
-1.56
-0.29
1.24
-0.31
9
10
-0.18
-3.41
0.45
3.28
0.60
5.07
0.51
4.65
0.47
4.16
0.25
1.69
0.50
2.31
11
-2.24
1.86
3.34
1.92
1.14
-0.40
0.44
12
13
14
15
16
-0.65
-0.85
0.21
-0.13
-1.17
0.87
0.82
0.05
0.31
1.87
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
1.57
0.63
0.95
-1.77
1.53
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
0.00
0.29
0.15
0.15
0.15
0.76
0.02
24
-13.8
12.7
4.9
11.2
33.5
16.8
-12.4
25
26
-13.15
-0.20
12.01
0.12
5.04
-0.10
9.81
0.68
32.50
0.32
14.41
0.01
-11.79
-0.58
27
28
29
30
31
-2.88
-1.82
-1.06
-1.39
-3.13
1.48
0.78
0.70
0.22
3.99
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
-1.82
-0.94
-0.88
-11.48
1.68
32
-0.27
0.00
0.20
-0.15
0.02
0.26
0.06
33
34
-0.06
-2.80
1.27
2.73
2.98
2.02
0.45
2.46
2.45
6.02
-1.17
4.12
-0.43
2.05
35
-3.11
3.28
3.83
1.10
5.66
1.52
-1.84
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
2.64
1.74
0.90
0.28
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
-0.37
0.10
-0.47
2.62
-0.59
-0.29
-0.19
-0.15
-0.43
0.12
0.37
-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.
March 2011
Survey
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
parts....................................
O ther........................................
Automotive vehicles, engines,
and parts.................................
Consumer goods, except
automotive...............................
Durable goods........................
Nondurable goods..................
O ther............................................
Exports of services 1 ...................
Transfers under U.S. military
agency sales contracts..........
Travel............................................
Passenger fares..........................
Other transportation...................
Royalties and license fees.........
Other private services...............
O th er............................................
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
parts....................................
O ther.......................................
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 e r............................................
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
2010
I
II
Line
III
4 122.237 140.744 130.126 135.959 141.499 140.409 145.111
5 110.948 129.181 118.330 121.957 132.175 129.768 132.824
6 128.530 147.194 136.690 143.763 146.727 146.348 151.937
7 109.611 125.233 114.390 118.484 123.775 127.747 130.927
8 111.788 105.220 113.223 103.159 101.233 109.350 107.136
9 109.844 131.196 116.994 123.237 129.334 132.649 139.565
10 109.055 129.824 114.421 121.979 129.089 132.032 136.195
79.703 108.604
97.647 105.426 110.219 108.414 110.358
12
13
14
15
16
122.962
116.895
129.674
104.532
118.303
134.327
137.201
131.150
114.144
125.139
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
139.438
143.794
134.638
106.147
127.936
17
18
19
20
21
22
23
79.562
105.933
118.913
78.584
127.266
135.924
113.285
86.356
113.696
113.830
86.071
139.534
141.922
114.297
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
91.396
116.801
118.566
87.102
141.827
144.929
113.923
24 91.418 102.987
25 88.615 101.699
26 100.247 103.322
93.874 96.401 103.613 107.718 104.215
91.691 94.321 102.690 106.881 102.904
99.211 103.392 104.766 104.606 100.525
27
28
29
30
72.464
64.120
82.132
83.281
70.179
63.205
78.304
91.277
80.631
73.047
89.372
91.942
77.388
70.158
85.692
82.572
82.870 82.996
76.241 74.598
90.396 92.745
95.452 104.485
79.270
71.193
88.654
85.258
31 100.488 123.061 107.326 111.259 122.917 127.683 130.383
32
97.152
96.861
97.089
94.422
94.360
98.799
99.863
33 128.862 164.283 154.025 157.304 174.522 164.589 160.716
34 92.488 114.095 95.050 99.934 111.417 120.186 124.842
35
62.815
89.227
77.916
80.166
91.520
94.888
90.332
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
113.458
113.687
113.221
91.549
110.207
86.366
91.081
82.023
77.781
108.190
159.481
100.716
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
116.925
118.183
115.521
101.704
111.547
86.112
91.950
82.879
77.235
109.577
162.968
101.177
48 105.658 124.014 113.456 117.690 124.085 125.986 128.294
49 124.782 137.557 133.351 136.892 134.661 136.327 142.347
50 119.801 129.996 129.793 134.290 121.767 125.844 138.083
51 111.564 128.646 119.476 123.437 128.403 130.006 132.739
52 84.904 104.203 91.699 95.804 104.797 108.082 108.132
53 92.827 97.836 90.934 91.754 99.294 104.615 95.682
54 87.632 103.544 93.235 96.736 103.859 106.918 106.663
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
1 114.228 127.698 120.569 123.858 126.592 128.679 131.662
2 112.377 128.896 120.484 124.495 127.939 129.762 133.387
3 119.593 128.974 131.879 131.570 119.371 125.993 138.960
11
2009
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
p a rts ...................................
Computers, peripherals, and
p arts...................................
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............................................
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 arts...................................
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............................................
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
I
II
III
IV
1 105.877 110.317 107.424 108.771 110.060 110.122 112.315
2 104.403 109.401 106.072 107.565 108.965 109.072 112.001
3 133.190 138.325 132.498 133.688 132.417 136.779 150.414
4 105.615 121.042 111.130 115.679 120.780 120.342 127.365
5 105.465 117.817 111.684 114.959 117.813 116.417 122.080
6 105.764 122.740 110.960 116.130 122.344 122.390 130.096
7
99.386
99.420
99.593
99.741
99.689
99.446
98.805
8 119.652 122.827 120.575 121.580 122.005 123.329 124.393
9
10
75.405
99.185
73.509
98.952
75.836
99.181
74.195
99.480
74.881
99.213
72.881
99.010
72.079
98.105
11 104.184 104.731 104.256 104.667 104.552 104.663 105.042
12
13
14
15
16
105.846
104.740
107.311
107.180
109.172
107.007
103.519
111.139
112.902
112.316
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
108.233
104.441
112.745
115.955
112.896
17
18
19
20
21
22
23
108.405
108.384
105.968
109.143
109.566
109.554
112.687
109.663
112.055
123.124
112.695
110.885
111.787
115.856
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
109.875
113.082
121.744
114.322
111.383
112.544
112.453
24 105.987 112.828 111.222 114.514 112.234 109.892 114.673
25 104.908 112.380 110.650 114.497 111.653 108.977 114.391
26 119.547 130.516 121.299 125.014 128.725 130.572 137.754
27 104.555 116.335 108.628 115.671
28 109.987 126.422 117.310 122.633
29 98.862 106.384 100.046 108.436
30 116.302 154.849 151.436 172.189
31
96.638
95.874
96.302
96.167
116.200
127.602
105.102
149.107
114.718
124.790
104.783
131.634
118.751
130.663
107.215
166.463
95.857
95.705
95.766
32 122.356 125.541 124.009 124.825 124.898 125.888 126.554
33 78.061 76.471 77.338 76.896 76.716 76.435 75.836
34 101.339 100.674 101.032 100.984 100.578 100.405 100.730
35 104.762 105.549 105.380 105.068 105.238 105.696 106.193
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
103.937
101.597
106.721
113.306
114.772
119.550
119.381
136.600
102.617
110.877
114.491
113.390
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
103.468
100.334
107.206
114.000
115.762
118.979
120.830
140.170
105.148
111.375
114.796
114.599
48 101.630 103.495 102.708 103.155 103.575 103.284 103.964
49 111.733 123.040 114.658 118.171 121.533 122.459 129.997
50 129.901 138.191 131.011 132.190 131.696 136.398 152.481
51
52
53
54
102.516
102.241
110.109
103.480
107.293
103.505
126.494
105.758
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
108.999
103.697
131.517
106.372
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.
March 2011
National Data
D-38
Table 4.2.5. Exports and Imports of Goods and Services
by Type of Product
Table 4.2.6. Real Exports and Imports of Goods and Services
by Type of Product, Chained Dollars
[Billions of dollars]
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
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
p arts....................................
Computers, peripherals, and
parts....................................
O th e r.......................................
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 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 g oods....
Exports of agricultural goods 2
Exports of nonagricultural
goods........................................
Imports of durable goods...........
Imports of nondurable goods....
Imports of nonpetroleum goods
Line
2010
I
II
III
2010
1 1,578.4
2 1,063.1
93.9
3
1,838.5
1,277.7
105.5
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
1,929.4
1,353.2
123.3
4
5
6
293.7
96.2
197.5
387.3
125.0
262.3
328.5
108.4
220.0
357.2
115.0
242.2
388.2
127.8
260.4
383.8
124.0
259.8
419.8
133.1
286.8
7
390.5
446.2
408.3
423.6
442.3
455.3
463.7
8
74.8
72.2
76.3
70.1
69.0
75.3
74.4
9
10
37.7
278.0
43.9
330.1
40.4
291.7
41.6
311.9
44.1
329.2
44.0
336.0
45.8
343.4
11
81.7
111.9
100.2
108.6
113.4
111.7
114.1
12
13
14
15
16
150.0
76.0
74.0
53.2
515.3
165.7
88.2
77.5
61.2
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
174.0
93.2
80.7
58.4
576.2
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
41.1
101.7
261.0
15.9
24
25
26
1,964.7
1,587.8
81.6
2,354.1 2,116.3
1,949.6 1,731.8
81.9
91.8
2,237.6
1,843.5
88.0
2,357.1
1,957.2
91.8
2,399.4
1,988.2
93.0
2,422.4
2,009.4
94.3
27
28
29
30
195.2
94.6
100.6
267.4
249.2
125.7
123.6
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
250.2
126.6
123.6
357.4
31
369.7
449.2
393.6
407.4
448.6
465.3
475.5
32
30.6
31.3
31.0
30.3
30.3
32.0
32.5
33
34
93.9
245.3
117.4
300.5
111.3
251.3
113.0
264.1
125.1
293.2
117.5
315.8
113.9
329.0
35
157.6
225.3
196.4
201.5
230.4
239.9
229.5
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
485.3
258.6
226.6
93.7
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
497.9
265.6
232.2
104.7
413.0
30.8
76.6
30.4
50.2
30.0
183.0
11.9
48
49
50
671.0
392.1
101.0
801.9
475.9
116.8
728.0
429.6
110.3
758.4
454.6
115.2
802.9
459.9
104.0
812.9
469.1
111.3
833.2
520.0
136.6
51
52
53
54
962.1
890.1
697.7
1,320.4
1,161.0
1,105.6
843.9
1,594.5
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
1,216.6
1,149.4
859.9
1,651.9
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 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............................................
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 goods................
Petroleum and products............
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............................................
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 goods 3
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
1,666.5
1,167.9
76.0
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
1,718.3
1,208.6
81.9
IV
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
4
5
6
278.1
91.2
186.8
320.2
106.2
213.9
296.0
97.3
198.6
309.3
100.2
208.9
321.9
108.6
213.2
319.4
106.7
212.7
330.1
109.2
220.8
/
392.9
448.9
410.0
424.7
443.6
457.9
469.3
8
62.5
58.8
63.3
57.7
56.6
61.1
59.9
4
10
280.3
333.6
294.1
313.5
331.8
339.3
350.0
11
78.4
106.9
96.1
103.7
108.5
106.7
108.6
12
13
14
15
16
141.8
72.6
69.0
49.7
472.0
154.9
85.2
69.8
54.2
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
160.8
89.3
71.6
50.4
510.4
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
227.1
14.2
3.0
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
95.5
24.9
36.0
91.3
232.0
14.1
2.7
2b
26
27
1,853.8
1,513.5
68.3
2,088.4
1,737.0
70.4
1,903.6
1,566.1
67.6
1,954.8
1,611.0
70.4
2,101.1 2,184.3
1,753.9 1,825.5
71.3
71.2
2,113.3
1,757.6
68.5
28
29
30
31
186.7
86.0
101.8
229.9
214.5
99.4
116.2
231.6
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
210.9
96.8
115.3
214.7
32
382.6
468.5
408.6
423.6
468.0
486.1
496.4
33
25.0
24.9
25.0
24.3
24.3
25.4
25.7
S4
3b
242.0
298.6
248.7
261.5
291.6
314.5
326.7
36
150.4
213.7
186.6
192.0
219.1
227.2
216.3
3/
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
466.9
254.7
212.3
82.6
352.5
26.0
62.8
21.4
48.2
26.6
156.0
10.3
-20.6
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
481.2
264.7
216.6
91.8
356.7
25.9
63.4
21.7
47.8
27.0
159.4
10.4
-29.4
50
51
52
660.2
350.9
77.7
774.9
386.8
84.4
708.9
375.0
84.2
735.4
385.0
87.1
775.4
378.7
79.0
787.2
383.4
81.7
801.7
400.3
89.6
53
54
55
56
938.5
870.6
633.7
1,276.0
1,082.2
1,068.5
667.9
1,507.7
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
1,116.6
1,108.7
653.1
1,553.1
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 reclassified from goods to
services.
2. The quantity index for computers can be used to accurately measure the real growth of this component. However,
because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates
should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggre
gate series; accurate estimates of these contributions are shown in table 4.2.2 and real growth rates are shown in table
4.2.1.
3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
N ote . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses
weights of more than one period, the corresponding chained-dollar estimates are usually not additive. For exports and for
imports, the residual line is the difference between the aggregate line and the sum of the most detailed lines.
March 2011
Survey
of
D-39
C u r r e n t B u s in e s s
5. Saving and Investment
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 saving............
Net private saving
Domestic business
Undistributed corporate profits...........................................................................................................
Inventory valuation adjustment, corporate........................................................................................
Capital consumption adjustment, corporate.....................................................................................
Households and institutions............
Personal saving.............................
Wage accruals less disbursements
Net government saving..........................
Federal................................................
State and local....................................
Consumption of fixed capital.......................................................................................................................
Private.............................................................................................................................................................
Domestic business
Households and institutions
Government......
Federal.........
State and local
1
?
I
II
III
IV
fi
7
8
9
10
11
1?
1?
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.....................................................................................................
P rivate............................................................................................................................................................
Domestic business...................................................................................................................................
Households and institutions....................................................................................................................
Government.....
Federal.........
State and local
?1
22
23
24
25
26
27
28
29
30
31
32
33
34
“Vi
3fi
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
-5 4 0
-380.3
1,212.5
657.0
555.5
-1,592.7
-1,476.6
-116.1
Statistical discrepancy.........................................................................................................................
43
179.1
175.2
164.2
131.1
181.0
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
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
2,711.7
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
2 690.7
1,717.2
973.5
-959.2
-1,213.1
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
3
4
-131.5
655.7
655.7
0.0
1,868.8
1,533.9
1,241.4
292.5
334.9
129.7
205.2
2,332.2
1,822.5
1,419.0
403.5
509.6
170.8
338.9
948.3
463.3
288.6
177.6
111.0
174.7
41.1
133.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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
158
1,860.4
1,527.4
1,236.9
290.5
333.0
128.8
204.2
1,731.4
-140.5
1,155.2
474.2
679.9
-36.4
-169.3
681.0
681.0
0.0
-1 295 6
-1 343 4
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
-57.7
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
-4 9 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
-5 7 3
-29.0
-28.4
57 9
117.0
-5 9 1
-514.6
1 021 9
414.3
607.6
-1 536.4
-1 502.5
-34.0
-16.1
626.0
626.0
0.0
1,890.6
1,550.1
1,254.6
295.5
340.5
132.3
208.2
2,324.1
1,801.5
1,402.3
399.2
522.6
181.7
340.9
921.4
433.5
251.3
147.6
103.7
182.1
49.4
132.7
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
D-40
National Data
March 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
2010
2009
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 equipment...............................................................................................
Software 2 ...........................................
O th e r3..................................................
Industrial equipment...............................
Transportation equipment.......................
Other equipm ent4.....................................................................................................................................
Residential........................................................................................................................................................
Structures.............
Permanent s ite ...
Single family..
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...............................................................................................................................
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
-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
5.6
-13.8
-25.4
-32.0
-9.5
26.5
-27.4
15.1
13.3
26.7
9.6
12.7
5.7
60.9
9.1
-3.0
-3.3
-3.7
8.7
-50.1
-3.0
8.1
-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
4.8
5.3
4.5
-14.4
-29.8
81.9
5.0
-19.4
5.5
11.5
17.9
7.7
13.8
10.9
-25.4
6.1
2.8
2.6
-14.8
-16.4
-0.5
14.9
8.5
24
25
26
27
28
-21.6
-15.2
-22.5
-20.3
-25.6
-9.2
15.0
-9.5
-13.7
-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
3.6
5.6
1.1
4.4
-3.3
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 5.3.2. Contributions to Percent Change in Real Private Fixed Investment by Type
Seasonally adjusted at annual rates
Line
2009
2010
2010
2009
I
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 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 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............................
II
1
-18.3
3.8
-1.3
3.3
18.9
1.5
4.8
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
4.43
-3.60
-1.88
-1.17
-0.50
1.27
-1.33
8.03
4.11
1.24
1.46
1.41
0.52
2.58
0.82
-0.63
-0.67
-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
4.27
0.97
-0.78
-0.75
2.86
0.32
-0.68
3.30
3.71
0.93
1.21
1.57
0.98
-1.98
0.59
0.53
0.49
-1.10
-1.10
0.00
1.59
0.04
24
25
26
27
28
-10.50
-7.85
-10.28
-5.51
-4.77
-4.27
8.07
-4.10
-3.56
-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
1.46
3.34
0.44
0.95
-0.51
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
March
2011
Survey
of
C u r r e n t B u s in e s s
D -4 1
Table 5.3.3. Real Private Fixed Investment by Type, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
Line
2009
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..........................................................................................................................................
M ultifamily.............................................................................................................................................
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...............................................................................................................................
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
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
79.757
101.159
90.524
58.733
118.698
151.960
105.529
83.689
105.938
142.030
198.592
130.351
136.188
87.525
61.477
84.050
42.893
42.207
26.020
26.449
24.753
69.757
99.048
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
81.465
104.347
90.837
55.444
102.466
162.578
116.020
77.760
110.377
147.721
209.733
134.340
142.372
91.948
63.830
87.648
42.008
41.285
24.590
24.903
24.091
69.663
101.356
24
25
26
27
28
64.317
92.031
65.466
105.306
42.105
58.378
105.872
59.225
90.880
40.781
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
57.897
110.291
58.879
91.195
40.018
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 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 site ..........................................................................................................................................
Single family..........................................................................................................................................
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
103.625
103.713
120.443
115.856
118.172
122.260
130.505
110.932
97.701
87.366
61.765
99.442
86.567
115.050
100.804
111.210
102.412
102.588
101.297
98.284
119.366
103.161
93.990
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
103.828
103.888
121.838
116.061
118.615
124.272
133.671
111.112
97.514
86.838
60.984
99.295
85.777
115.779
100.897
111.493
102.755
103.006
101.745
98.719
119.894
103.561
91.883
24
25
26
27
28
110.622
99.622
112.275
122.394
104.411
109.616
97.667
111.361
120.649
104.595
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
110.501
97.462
112.402
122.057
105.245
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
March 2011
Table 5.3.5. Private Fixed Investment by Type
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2009
2010
IV
Private fixed investm ent........................................................................................................................
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.
M ultifam ily....
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...............................................................................................................................
2010
2009
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
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
1,753.6
1,413.2
382.8
92.2
41.9
83.9
105.7
59.0
1,030.4
589.9
97.0
282.6
210.3
160.8
112.6
167.2
340.4
331.3
126.7
112.7
14.0
204.7
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
1,794.7
1,460.2
388.5
87.2
36.3
91.3
118.8
54.9
1,071.6
609.9
101.2
290.8
217.9
169.9
117.0
174.8
334.5
325.4
120.2
106.6
13.7
205.2
9.1
24
25
26
27
28
794.7
921.7
740.3
451.5
288.8
714.1
1,039.5
663.5
383.4
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
713.9
1,080.7
665.8
389.2
276.6
1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
2. Excludes software “embedded,” or bundled, in computers and other equipment.
3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures.
6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures.
Table 5.3.6. Real Private Fixed Investment by Type, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line
2009
2010
IV
Private fixed investment........................................................................................................................
Nonresidential..................................................................................................................................................
Structures.....................................................................................................................................................
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 equipm ent2............................................................................................
Software 3 ..............................................................................................................................................
O th e r4.......................
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
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
1,630.7
1,290.8
369.6
107.0
52.2
75.8
64.3
73.5
916.3
595.8
1,692.7
1,362.9
318.4
79.8
35.5
68.6
81.3
53.3
1,054.7
675.0
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
1,728.9
1,405.9
319.5
75.4
30.6
73.4
89.4
49.6
1,098.9
702.1
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
284.2
242.9
139.7
111.7
150.4
332.4
323.0
125.1
114.7
11.7
198.4
9.7
-45.9
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
292.9
254.0
146.8
116.0
156.8
325.5
315.9
118.2
108.0
11.4
198.1
9.9
-48.9
25
26
27
28
29
718.4
925.2
659.4
368.9
276.6
652.0
1,064.4
596.5
318.4
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
646.7
1,108.8
593.0
319.5
262.9
1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
2. The quantity index for computers can be used to accurately measure the real growth rate of this component. However, because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates should
not be used to measure the component’s relative importance or its contribution to the growth rate of more aggregate series; accurate estimates of these contributions are shown in table 5.3.2 and real growth rates are shown in table 5.3.1.
3. Excludes software “embedded,” or bundled, in computers and other equipment.
4. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
5. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
6. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers' commissions on the sale of residential structures.
7. Excludes net purchases of used structures and brokers' commissions on the sale of structures.
N ote . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of
more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines.
March 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
IV
III
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
68.9
6.5
-2.5
20.8
18.5
2.3
32.1
19.3
12.8
10.1
5.6
-0.4
2.6
2.3
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
6.8
1.0
-0.2
28.3
18.3
10.0
8.5
23.5
-15.0
-32.1
-32.1
-2.0
3.4
-1.4
1.4
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
68.9
42.6
26.4
62.4
113.2
-50.8
32.1
20.5
13.2
7.4
11.5
-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
6.8
10.8
^t.O
5.8
117.2
-111.4
8.5
-0.7
15.0
-15.7
9.1
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 Sen/ice statistics.
N o te . 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..................................................................................................................................................
Addenda:
Change in 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 trade.................................................................................................................
2010
II
I
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
5.4
-2.2
17.6
16.4
1.5
27.5
17.3
10.6
9.3
5.4
-0.3
2.3
2.0
1.8
0.2
-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
7.1
1.3
-0.2
23.3
16.0
7.4
8.4
21.0
-9.8
-29.1
-30.8
-1.6
3.0
-1.2
1.2
0.8
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
38.5
22.5
55.0
27.5
17.8
11.8
6.3
9.7
-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
7.1
9.6
-1.9
5.7
8.4
1.0
13.5
-10.3
7.3
N ote . Estimates in this table are based on the North American Industry Classification System (NAICS).
Chained (2005) dollar series for real change in private inventories are calculated as the period-to-period change in chained-dollar end-of-period inventories. Quarterly changes in end-of-period inventories are stated at annual rates. Because the
formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines.
-44
March 2011
National Data
Table 5.7.5B. Private Inventories and Domestic Final Sales by Industry
[Billions of dollars]
Seasonally adjusted quarterly totals
Line
2010
2009
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..................................................................................................................................................
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.................................................................
I
II
III
IV
1
2
3
4
5
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
2,126.5
235.7
86.9
641.7
352.9
288.8
518.5
265.0
253.5
487.8
144.9
43.2
82.3
217.4
156.1
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
2,126.5
844.4
1,282.1
1,890.9
518.5
445.3
234.4
210.8
73.2
820.8
430.2
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
2.59
2.30
4.40
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
2010
2009
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
IV
III
1
2
3
4
5
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
165.7
75.6
530.2
307.2
222.4
413.4
233.5
178.9
437.5
138.8
35.3
73.1
189.8
137.3
4.9
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
754.6
1,004.8
1,596.4
413.4
356.5
206.1
149.5
56.8
755.0
411.9
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
3.88
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.
March 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 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..................................................................................................................................................
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 ................................................................................................................
1. Implicit price deflators are as of the end of the quarter and are consistent with inventory stocks.
N o te . Estimates in this table are based on the North American Industry Classification System (NAICS).
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
120.653
142.203
114.819
121.027
114.851
129.851
125.413
113.475
141.724
111.497
104.388
122.379
112.473
114.589
113.692
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
120.653
111.898
127.598
118.448
125.413
124.895
113.741
140.988
128.899
National Data
D-46
March 2011
6. In c o m e a n d E m p lo y m e n t by In d u s try
Table 6.1 D. National Income Without Capital Consumption Adjustment by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2009
2010
2009
2010
III
National income without capital consumption adjustment..
Domestic industries...................................................................................
Private industries........................................................................................
Agriculture, forestry, fishing, and hunting..............................................
Mining.........................................................................................................
Utilities.................
Construction.......
Manufacturing....
Durable goods
Nondurable goods................................................................................
Wholesale tra d e ........................................................................................
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 .
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
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
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
12.964.4
12,775.9
11.149.4
122.6
233.0
192.4
506.7
1.363.4
819.1
544.3
738.9
862.5
378.7
473.6
2.358.6
1.760.7
1.314.4
479.3
364.6
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 ote .
Table 6.16D. Corporate Profits by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Corporate profits w ith inventory valuation and capital consum ption adjustm ents..
Domestic in d u s trie s ..........................................................................................................................
Financial1..
Nonfinancial
Rest o f the w orld
Receipts from the rest of the world...............................................................................................
Less: Payments to the rest of the world........................................................................................
Corporate profits w ith inventory valuation adjustm ent..................................................
Domestic in d u s trie s ..........................................................................................................................
Financial....
Federal Reserve b an ks..............................................................................................................
Other fin a ncia l2 ..........................................................................................................................
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 g o o d s4
Wholesale tra d e .............
Retail trade......................
Transportation and warehousing..............................................................................................
Information.....................
Other nonfinancial5...................................................................................................................
Rest o f 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 sen/ices; and other services, except government.
N o te . Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).
March 2011
S urvey
of
D-47
C u r r e n t B u s in e s s
7. Supplem ental Tables
Table 7.1. Selected Per Capita Product and Income Series in Current and Chained Dollars
[Dollars]
Seasonally adjusted at annual rates
Line
2009
2010
2009
2010
IV
Current dollars:
Gross domestic product...............................................................................................................................
Gross national product...
Personal income.............
Disposable personal income
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
47,267
40,452
36,689
33,378
11,050
3,513
7,537
22,328
42,713
33,016
30,036
10,484
3,799
6,686
19,557
310,106
I
II
III
IV
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
40,573
36,778
33,392
11,015
3,504
7,511
22,377
47,763
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
33,103
30,056
10,486
3,799
6,688
19,575
310,438
42,971
40,867
36,990
33,810
11,344
3,647
7,698
22,466
33,144
30,295
10,709
3,975
6,752
19,601
311,140
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...............
...........
Autos...................................
...........
Light trucks (including utility vehicles)
...........
Net purchases of used autos and used light trucks..............................................................................
Used autos.........................
...........
Used light trucks (including utility vehicles)......................................................................................
Private fixed investment............................................................................................................................
New motor vehicles..................................................................................................................................
Autos................................................
Trucks...............................................
Light trucks (including utility vehicles)
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......................................................................................................................
Autos...............................................................................................................................................................
New....
33
Domestic...............................................................................................................................................
Foreign
Used...
Trucks....
New....
Domestic
Foreign...................................................................................................................................................
Used 1........................................................................................................................................................
Addenda:
Final sales of motor vehicles to domestic purchasers..............................................................................
Private fixed investment in new autos and new light trucks.....................................................................
Domestic output of new autos 2 ..................................................................................................................
Sales of imported new autos 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?
-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
II
III
IV
25.9
16.8
31.3
11.4
3.4
5.4
-4.4
12.9
0.2
-0.2
0.5
116.5
30.7
27.3
33.4
37.9
20.2
-10.1
-10.8
-9.5
0.1
-1.0
0.3
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
-13.1
-31.2
-3.2
71.3
56.4
72.0
59.6
80.3
35.0
41.3
30.6
-14.6
-12.6
-33.5
6.0
6.7
3.5
-10.1
-26.7
4.6
4.4
-13.4
9.1
-39.2
-44.2
-32.5
-34.5
-29.1
-40.9
36.1
32.8
39.7
39.9
34.5
47.8
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
15.0
39.9
-6.4
-27.9
-34.9
-16.9
-21.3
-33.4
-40.9
-16.5
16.5
32.4
29.2
10.2
-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
35.3
-14.9
-30.7
4.6
34
35
36
37
38
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
March 2011
National Data
D-48
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
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..............
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......................................
Exports...................................
A utos..................................
Trucks.................................
Im ports...................................
A utos..................................
Trucks.................................
Change in private inventories...
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
2009
Line
2010
IV
I
II
III
IV
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
76.245
64.893
82.646
82.245
77.333
69.025
72.423
76.596
67.862
70.086
77.767
69.630
67.142
78.727
69.411
67.317
88.042
79.495
75.664
82.165
1
2
3
4
60.568
62.905
59.266
66.201
76.267
73.460
77.826
73.719
5
6
7
77.640
67.926
73.285
80.283
71.600
70.052
8
64.428
72.732
66.828
66.457
71.394
70.911
9
10
99.272
85.912
99.447
85.723
95.646
83.989
95.852
84.083
95.740
82.023
99.237 106.959
84.575 92.210
11 112.286 112.809 106.999 107.314 109.092 113.500 121.331
12 26.089 56.477 31.736 46.905 56.705 62.360 59.939
13 54.524 71.256 61.783 67.525 70.670 74.650 72.180
14 66.992 85.281 76.243 86.142 87.659 87.931 79.393
15 47.265 63.037 53.363 56.694 60.769 66.853 67.832
16
17
50.179
39.659
69.190
47.662
56.747
44.540
61.407
44.747
67.262
44.664
73.442
50.398
74.648
50.838
18 124.472 111.930 135.620 120.272 109.462 110.446 107.540
19 111.991 99.945 132.160 115.954 99.409 95.782 88.634
20 137.171 124.099 139.126 124.652 119.667 125.336 126.743
93.634
93.966
93.563
92.217
84.660
94.452
42
62.898
73.250
64.314
67.784
71.625
73.894
79.696
43
44
45
57.815
54.951
86.005
76.535
71.018
94.796
65.601
71.006
86.788
72.633
72.524
92.563
76.537
75.019
92.062
80.067
71.387
96.733
76.903
65.140
97.826
88.096
99.929
77.803
61.443
76.635
47.730
92.281
83.772
94.753
89.332
85.528
90.416
21
22
23
?4
25
26
27
28
29
30
31
V
33
34
35
3fi
37
38
39
4(1
41
81.028
73.184
83.321
96.713 97.750
85.485 82.455
99.959 102.168
119.904 108.782 118.823 121.311 117.644
132.677 122.875 130.049 132.066 128.663
108.726 96.515 108.950 111.828 107.951
85.948 77.347 74.877 91.011 92.587
103.058 94.956 84.106 106.388 116.814
70.563 61.463 66.492 77.120 70.922
121.837
139.930
106.176
85.319
104.922
67.718
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 utos........................
Used light trucks
(including utility
vehicles)........................
Gross government
investment............................
Autos........................................
Trucks.....................................
Exports...................................
Autos...................................
Trucks.................................
Imports....................................
Autos...................................
Trucks .................................
Change in private inventories. ..
Foreign................................
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
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
97.984 100.224 100.074 99.918 100.265
99.990 101.159 101.879 101.543 101.430
96.785 99.702 99.054 99.005 99.632
98.055 100.036 99.962 99.688 100.073
III
IV
100.309
100.840
100.011
100.149
100.405
100.821
100.161
100.233
5 95.952 100.766 98.966 100.025 100.713 101.259 101.068
6 97.784 99.799 99.754 99.401 99.599 100.149 100.045
7 100.991 101.987 102.678 102.124 101.984 102.110 101.730
8
9
10
11
12
13
14
15
95.514
98.203
93.008 102.246
92.812 101.306
93.178
111.128
100.402
101.089
100.027
102.972
95.750
102.366
102.068
102.795
97.688
97.474
97.887
98.695
98.757
97.677 100.961 102.426 102.962 102.633
97.245 100.713 101.954 101.238 101.320
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
103.634
95.592
102.640
101.809
103.483
16 95.732 98.408 97.895 97.668 98.096 98.901 98.966
17 114.018 117.225 114.835 115.493 116.491 118.507 118.407
18
19
91.078 103.315
91.488 103.610
97.219 101.469 102.878 104.893 104.021
97.594 101.713 103.176 105.214 104.336
20
90.716 103.065
96.889 101.264 102.624 104.621 103.752
21
22
23
?4
2b
26
27
28
29
30
31
V
33
34
35
38
37
38
39
40
41
108.782 109.443 109.399 108.414 108.745 110.179 110.435
111.414 107.275 111.570 107.200 106.157 107.335 108.407
108.089 110.079 108.849 108.778 109.490 110.996 111.052
42
99.218 100.991 100.885 100.571 100.915 101.256 101.222
103.194
102.137
104.420
103.728
103.040
104.519
104.178
102.804
105.683
104.557
102.861
106.462
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
104.846
103.177
106.673
105.017
102.761
107.681
43 98.085 99.903 100.004 99.605 99.740 100.205 100.061
44 102.350 101.853 102.786 102.047 101.816 101.791 101.760
45 100.997 101.978 102.667 102.115 101.976 102.100 101.721
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.
March 2011
Survey
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
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 investm ent........
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...................................
Autos..................................
Trucks.................................
Change in private inventories...
Autos...........................................
N ew .........................................
Dom 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 autos 3
Seasonally adjusted at annual rates
2010
I
II
Line
III
IV
1
2
3
4
248.9
94.7
154.3
274.3
320.3
111.8
208.5
311.8
288.5
108.4
180.1
272.3
314.8
123.5
191.3
298.2
313.7
117.3
196.4
296.2
331.9
108.0
223.8
304.4
320.7
98.4
222.4
348.6
5
6
7
269.4
165.3
72.1
292.6
177.8
69.6
276.7
171.3
72.4
277.0
167.8
69.7
283.2
172.6
66.7
288.3
173.0
67.0
321.8
197.9
75.0
106.0
122.9
8
93.2
108.2
98.9
98.1
105.8
9
10
104.1
44.4
114.8
48.4
105.4
45.5
109.2
47.2
110.7
46.6
115.3
47.7
123.9
52.1
11
12
13
14
15
59.7
42.9
116.6
52.7
63.9
66.4
80.3
155.2
67.6
87.6
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
71.8
85.1
157.6
62.8
94.8
16
17
47.5
16.5
67.2
20.3
54.8
18.6
59.2
18.8
65.1
18.9
71.7
21.7
72.9
21.9
18
19
-73.7
-33.5
-74.9
-33.7
-85.4
-42.0
-79.1
-38.4
-73.0
-33.4
-75.1
-32.8
-72.5
-30.1
20
-40.1
-41.2
-43.4
-40.7
-39.6
-42.2
-42.4
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
-76.3
54.9
27.8
27.1
131.2
73.7
57.5
8.4
2.6
3.8
2.7
1.1
-1.1
5.8
7.3
6.5
0.8
-1.5
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
16.3
3.1
13.2
-74.6
56.2
29.5
26.7
130.8
75.0
55.8
-27.8
-18.9
-10.8
-5.9
-4.8
-8.2
-8.9
-4.3
-4.3
-0.1
-4.6
42
327.4
388.1
340.4
357.6
379.2
392.5
423.2
43
100.1
60.6
75.0
134.8
77.9
83.5
115.7
127.6
79.7
81.6
134.6
82.3
81.1
141.5
135.7
78.3
85.3
71.4
85.9
44
45
78.6
76.9
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
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 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 utos........................
Used light trucks
(including utility
vehicles)........................
Gross government
investment............................
Autos........................................
Trucks .....................................
Net exports................................
Exports...................................
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
I
II
III
IV
1
2
3
4
253.7
94.5
159.2
279.7
319.5
110.4
209.1
311.5
288.4
106.4
181.9
272.2
315.0
121.5
193.3
298.9
312.9
115.5
197.2
295.8
330.8
107.0
223.9
303.8
319.4
97.5
222.1
347.5
b
6
7
280.7
169.1
71.4
290.3
178.2
68.3
279.6
171.8
70.6
277.0
168.9
68.3
281.2
173.3
65.4
284.7
172.8
65.6
318.4
197.9
73.7
8
97.6
110.2
101.2
100.6
108.1
107.4
124.4
120.6
51.3
9
10
111.9
47.8
112.1
47.7
107.8
46.8
108.0
46.8
107.9
45.7
111.8
47.1
11
12
13
14
15
64.0
38.6
116.1
52.1
63.9
64.3
83.6
151.7
66.3
85.2
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
69.2
88.7
153.7
61.7
91.7
16
17
49.6
14.4
68.3
17.4
56.1
16.2
60.7
16.3
66.4
16.3
72.6
18.3
73.7
18.5
18
19
-80.9
-36.7
-72.7
-32.7
-88.1
-43.3
-78.2
-38.0
-71.1
-32.5
-71.8
-31.4
-69.9
-29.0
20
-44.3
-40.0
-44.9
-40.2
-38.6
-40.4
-40.9
21
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
13.9
2.9
11.0
-72.8
52.7
27.1
25.6
125.5
71.7
54.0
8.3
2.6
3.6
2.6
1.0
-1.1
5.7
7.1
6.4
0.7
-1.4
0.6
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
14.8
2.8
11.9
-71.0
53.6
28.6
25.0
124.6
73.0
51.8
-26.9
-18.3
-10.5
-5.8
-4.7
-7.9
-8.6
-4.3
-4.2
-0.1
-4.4
0.4
43
330.0
384.3
337.4
355.6
375.8
387.7
418.1
44
45
46
102.1
59.2
74.3
135.1
76.6
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
135.8
70.2
84.5
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.
March 2011
D-50
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 February 28, 2011.
Table B.1 Personal Income and Its Disposition
[Billions of dollars; monthly estimates seasonally adjusted at annual rates]
2009
2009
2010
2011
2010
Dec.
Jan.
Feb.
March
April
May
June
July r
Aug. r
Sept. '
O c t.r
Nov.r
Dec. '
Jan.
p
Personal incom e....................................................................... 12,174.9 12,544.6 12,300.7 12,324.3 12,337.2 12,389.4 12,478.5 12,532.8 12,540.0 12,558.8 12,615.3 12,612.3 12,674.5 12,707.5 12,764.1 12,897.3
7,806.7 7,991.3 7,842.4 7,855.0 7,851.0 7,868.3 7,939.1 7,985.8 7,984.8 8,016.7 8,040.9 8,050.9 8,092.4 8,092.8 8,118.4 8,147.0
Compensation of employees, received....................................
Wage and salary disbursements.......................................... 6,274.1 6,405.3 6,291.5 6,291.3 6,284.8 6,298.1 6,362.4 6,403.7 6,400.4 6,428.2 6,448.0 6,455.0 6,491.3 6,489.1 6,510.9 6,527.7
Private industries................................................................ 5,100.5 5,218.2 5,116.7 5,107.6 5,099.7 5,110.5 5,172.2 5,207.8 5,207.0 5,236.3 5,264.0 5,275.0 5,307.1 5,305.1 5,325.9 5,340.7
Goods-producing industries......................................... 1,064.0 1,056.5 1,046.9 1,037.4 1,028.8 1,030.3 1,045.7 1,062.9 1,054.2 1,061.7 1,068.8 1,070.5 1,072.1 1,071.5 1,074.0 1,084.0
Manufacturing............................................................
661.5
673.1
660.6
655.6
651.0
651.3
664.6
679.6
673.1
679.3
682.3
684.4
685.1
683.9
686.5
693.5
Service-producing industries.......................................
4,036.6 4,161.7 4,069.8 4,070.1 4,070.8 4,080.2 4,126.5 4,144.9 4,152.9 4,174.6 4,195.2 4,204.6 4,235.0 4,233.6 4,251.8 4,256.6
Trade, transportation, and utilities..........................
990.5 1,010.1
987.6
987.9
986.4
989.6 1,002.7 1,007.2 1,006.2 1,014.1 1,017.6 1,020.3 1,028.3 1,027.0 1,033.5 1,033.7
Other services-producing industries....................... 3,046.1 3,151.6 3,082.2 3,082.2 3,084.4 3,090.6 3,123.7 3,137.7 3,146.6 3,160.5 3,177.6 3,184.3 3,206.7 3,206.6 3,218.4 3,222.9
Government........................................................................
1,173.6 1,187.1 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 1,184.1 1,184.1 1,185.1 1,187.0
Supplements to wages and salaries....................................
Employer contributions for employee pension and
insurance funds..............................................................
Employer contributions for government social
insurance........................................................................
1,532.6
1,586.1
1,550.9
1,563.7
1,566.1
1,570.2
1,576.7
1,582.1
1,584.4
1,588.5
1,592.9
1,595.9
1,601.2
1,603.6
1,607.4
1,619.4
1,072.0
1,106.8
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
1,120.8
1,124.2
460.6
479.2
462.8
470.6
470.3
471.7
476.0
479.0
479.0
480.8
482.7
483.1
485.5
485.5
486.6
495.2
Proprietors’ income with IVA and CC Adj.................................
Farm .........................................................................................
Nonfarm....................................................................................
1,011.9
30.5
981.5
1,055.3
44.9
1,010.3
1,025.3
38.0
987.3
1,027.0
37.4
989.7
1,028.0
36.8
991.2
1,037.2
36.2
1,001.0
1,049.2
37.6
1,011.6
1,051.7
38.9
1,012.7
1,048.3
40.3
1,008.0
1,050.5
44.4
1,006.1
1,061.3
48.5
1,012.8
1,066.7
52.6
1,014.1
1,074.1
54.0
1,020.1
1,080.4
55.5
1,025.0
1,088.6
57.0
1,031.6
1,092.5
58.6
1,033.9
Rental income of persons with CCAdj.....................................
274.0
301.2
282.3
287.4
292.5
298.0
298.1
298.8
299.6
301.2
303.6
306.7
307.9
309.4
311.3
317.8
Personal income receipts on assets.........................................
Personal interest incom e.......................................................
Personal dividend income......................................................
1,919.7
1,222.3
697.4
1,906.4
1,193.7
712.6
1,915.9
1,216.6
699.3
1,913.3
1,212.6
700.7
1,916.1
1,208.7
707.4
1,903.8
1,204.7
699.0
1,911.1
1,205.0
706.0
1,915.0
1,205.3
709.7
1,917.3
1,205.6
711.8
1,902.8
1,190.1
712.7
1,888.0
1,174.7
713.3
1,878.5
1,159.3
719.2
1,891.3
1,172.8
718.6
1,909.0
1,186.3
722.7
1,930.1
1,199.8
730.3
1,940.4
1,201.9
738.5
Personal current transfer receipts.............................................
Government social benefits to persons...............................
Old-age, survivors, disability, and health insurance
benefits............................................................................
Government unemployment insurance benefits............
O th er....................................................................................
Other current transfer receipts, from business (net)..........
Less: Contributions for government social insurance............
2,132.8
2,096.8
2,294.8
2,257.4
2,210.5
2,174.7
2,228.7
2,192.1
2,236.3
2,199.7
2,271.4
2,234.7
2,279.0
2,242.3
2,285.4
2,248.4
2,293.8
2,256.5
2,295.2
2,257.8
2,332.5
2,295.2
2,321.5
2,284.5
2,325.6
2,286.2
2,332.6
2,294.0
2,335.0
2,296.6
2,323.8
2,285.2
1,164.5
128.6
803.7
36.0
970.3
1,213.9
136.6
906.9
37.4
1,004.4
1,198.4
150.1
826.2
35.8
975.8
1,187.3
143.3
861.6
36.6
987.3
1,190.7
138.2
870.8
36.6
986.7
1,195.9
156.8
882.1
36.7
989.3
1,207.9
137.2
897.2
36.7
998.0
1,207.9
137.1
903.4
37.0
1,003.9
1,208.6
136.1
911.9
37.2
1,003.9
1,219.5
123.2
915.1
37.4
1,007.6
1,221.5
150.5
923.3
37.3
1,011.0
1,229.5
133.3
921.6
37.0
1,012.0
1,229.8
128.7
927.7
39.3
1,016.9
1,228.9
131.1
934.1
38.6
1,016.7
1,239.2
123.4
934.0
38.4
1,019.2
1,240.7
123.0
921.5
38.7
924.3
Less: Personal current taxes.................................................
1,140.0
1,167.1
1,116.8
1,133.1
1,133.6
1,137.4
1,143.5
1,151.8
1,152.0
1,170.7
1,178.9
1,185.1
1,200.7
1,205.0
1,213.0
1,268.0
Equals: Disposable personal income.................................. 11,034.9 11,377.5 11,183.9 11,191.2 11,203.6 11,252.1 11,335.0 11,381.0 11,388.0 11,388.2 11,436.4 11,427.3 11,473.7 11,502.6 11,551.1 11,629.4
Less: Personal outlays............................................................
10,379.6 10,721.8 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 10,843.5 10,875.8 10,930.2 10,952.3
Personal consumption expenditures......................................... 10,001.3 10,350.6 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 10,478.0 10,512.4 10,568.9 10,592.6
Goods....................................................................................... 3,230.7 3,426.7 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 3,512.5 3,520.3 3,556.2 3,581.8
Durable goods
1,026.5 1,089.3 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 1,128.9 1,138.6 1,142.7
Nondurable goods.............................................................
2,204.2 2,337.4 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 2,376.3 2,391.4 2,417.5 2,439.0
Services...................................................................................
6,770.6 6,923.9 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 6,965.5 6,992.2 7,012.8 7,010.8
Personal interest payments 1.....................................................
216.8
198.6
201.1
202.5
203.8
205.2
205.6
206.0
206.5
201.8
197.1
192.5
190.0
185.1
183.2
187.5
161.4
168.7
169.2
169.7
171.7
Personal current transfer payments..........................................
172.5
166.9
172.3
172.8
172.3
172.9
173.5
175.5
175.8
176.2
176.4
To government........................................................................
95.0
100.8
97.4
97.9
98.5
99.0
99.5
100.1
100.6
101.2
101.8
102.4
102.7
103.0
103.3
103.6
To the rest of the world (net).................................................
66.5
71.7
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
72.8
Equals: Personal saving.........................................................
Personal saving as percentage of disposable personal
income....................................................................................
655.3
655.7
647.5
637.2
600.6
597.4
682.4
710.6
719.8
692.0
693.2
657.7
630.2
626.8
620.9
677.1
5.9
5.8
5.8
5.7
5.4
5.3
6.0
6.2
6.3
6.1
6.1
5.8
5.5
5.4
5.4
5.8
Addenda:
Personal income excluding current transfer receipts:
Billions of chained (2005) d o lla rs ........................................
9,191.1 9,223.7 9,128.6 9,110.5 9,111.8 9,112.9 9,188.9 9,240.2 9,250.8 9,249.9 9,252.5 9,253.9 9,286.3 9,301.9 9,325.1 9,426.9
Disposable personal income:
Billions of chained (2005) dollars 2...................................... 10,099.8 10,238.5 10,118.1 10,099.3 10,106.5 10,134.3 10,211.9 10,262.4 10,281.6 10,263.4 10,290.6 10,275.9 10,295.6 10,313.0 10,328.3 10,368.3
Per capita:
Current dollars....................................................................
35,888
36,689
36,225 36,226
36,244 36,378
36,622
36,746 36,742
36,714
36,839
36,780
36,902 36,968
37,101
37,329
Chained (2005 dollars)......................................................
32,847 33,016
32,773 32,691
32,695 32,764
32,994
33,135 33,172
33,088
33,149
33,074
33,113 33,145
33,173 33,281
Population (midperiod, thousands)3........................................ 307,483 310,106 308,733 308,930 309,119 309,312 309,509 309,718 309,946 310,185 310,439 310,691 310,927 311,149 311,345 311,535
Personal consumption expenditures:
Billions of chained (2005) dollars..........................................
Goods..................................................................................
Durable goods................................................................
Nondurable goods.........................................................
Services..............................................................................
Implicit price deflator, 2005=100...........................................
9,153.9
3,117.4
1,094.6
2,017.4
6,032.7
109.260
9,314.4
3,251.3
1,178.2
2,073.5
6,064.6
111.120
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 9,402.1
3,279.4 3,323.2
1,193.6 1,235.2
2,087.1 2,094.1
6,078.7 6,083.8
111.205 111.443
9,425.2
3,329.3
1,230.4
2,103.7
6,100.6
111.535
9,450.2
3,343.5
1,245.2
2,105.0
6,111.7
111.839
9,443.9
3,341.8
1,249.1
2,100.3
6,107.2
112.163
Percent change from preceding period:
Personal income, current dollars..........................................
-1.7
3.0
0.5
0.2
0.1
0.4
0.7
0.4
0.1
0.2
0.4
0.0
0.5
0.3
0.4
1.0
Disposable personal income:
Current dollars........................................................................
Chained (2005) dollars..........................................................
0.7
0.6
3.1
1.4
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
-0.1
0.4
0.2
0.3
0.2
0.4
0.1
0.7
0.4
Personal consumption expenditures:
Current dollars........................................................................
Chained (2005) dollars..........................................................
-1.0
-1.2
3.5
1.8
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
0.5
0.3
0.2
-0.1
p Preliminary
r Revised
CCAdj Capital consumption adjustment
IVA Inventory valuation adjustment
1. Consists of nonmortgage interest paid by households.
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.
March 2011
D-51
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
Major 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
[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 price deflators
Gross
domestic
product
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
13,245.6
13,176.4
2.8
1.4
110.670
111.087
110.662
1.0
1.3
1.0
2010
D-52
March 2011
National Data
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 price deflators
Gross
domestic
product
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 .....................
II....................
I ll...................
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:
I .....................
II....................
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:
I .....................
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:
I .....................
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:
I .....................
II....................
I ll...................
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:
I .....................
I I ....................
II I
I V
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:
I .....................
II....................
Ill...................
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:
I .....................
II....................
Ill...................
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:
I .....................
II....................
Ill...................
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:
I .....................
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:
I .....................
II....................
Ill...................
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:
I .....................
I I ....................
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:
I .....................
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:
I .....................
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:
I .....................
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:
I .....................
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:
I .....................
I I ....................
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
March 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....................
I ll...................
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....................
Ill...................
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:
1.....................
II....................
I ll...................
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:
1.....................
II....................
I ll...................
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:
1.....................
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:
1.....................
II....................
I ll...................
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:
1.....................
II....................
Ill...................
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:
1.....................
I I ....................
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:
1.....................
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:
1.....................
II....................
I ll...................
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:
1.....................
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:
1.....................
II....................
Ill...................
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:
1.....................
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:
1.....................
II ....................
Ill...................
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:
1.....................
II ....................
Ill...................
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:
1.....................
II....................
Ill...................
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
National Data
D-54
March 2011
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
1994:
1995:
1996:
1997:
1998:
............
I
II....................
I ll...................
IV...................
............
............
I
II
I ll...................
IV...................
............
I
I I ....................
I ll...................
IV...................
............
I
I I ....................
II I
I V
............
I
II....................
I ll...................
IV...................
............
1999:
I
II....................
II I
I V
2000:
I
I I ....................
I ll...................
IV...................
2001:
I
I I ....................
II I
I V
2002:
I
II....................
I ll...................
IV...................
............
............
............
............
2003:
I
II ....................
I ll...................
IV...................
2004:
I
II ....................
I ll...................
IV...................
2005:
I
II ....................
I ll...................
IV...................
2006:
I
II....................
II I
I V
2007:
I
I I ....................
I ll...................
IV...................
............
............
............
............
............
2008:
I
II....................
I ll...................
IV...................
2009:
I
II ....................
I ll...................
IV...................
2010:
............
............
I
II....................
I ll...................
IV
.........
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
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
2.2
1.9
2.3
2.1
2.0
2.1
2.2
1.9
2.4
2.1
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
2.4
1.8
1.7
2.3
2.1
1.8
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
2.2
1.5
2.1
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
2.0
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
0.6
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
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
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
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
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
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
12.534.1
12,587.5
12.683.2
12,748.7
12.443.2
12,572.0
12.671.2
12.667.2
12.915.9
12,962.5
12.965.9
13,060.7
2.8
2.0
2.3
1.8
1.9
2.0
2.1
1.5
2.0
1.8
1.8
1.1
1.5
1.4
1.8
2.3
2.3
1.5
1.3
2.2
1.8
0.7
0.9
1.3
2.6
0.9
1.4
1.5
0.2
0.7
1.0
1.5
0.6
1.0
1.2
1.1
1.1
1.5
1.2
86.295
86.600
86.922
87.229
1.7
1.7
1.4
1.6
1.6
2.2
1.9
2.2
1.8
1.4
1.5
1.4
87.924
88.370
88.903
89.371
87.922
88.367
88.901
89.369
3.1
2.0
2.4
2.0
3.7
1.7
2.6
2.2
3.2
2.0
2.4
2.1
89.738
90.142
90.274
90.337
89.979
90.590
90.874
91.151
89.976
90.587
90.873
91.150
2.8
2.8
1.3
1.1
2.4
1.8
0.6
0.3
2.7
2.7
1.3
1.2
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
1.4
2.4
1.4
2.6
1.8
2.6
2.4
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
2.9
1.2
2.3
2.2
4.0
0.3
2.3
2.1
2.9
1.2
2.3
2.1
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
3.5
3.5
3.0
3.0
4.1
3.6
3.2
3.8
3.5
3.4
2.9
3.0
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
3.8
2.7
4.2
3.4
3.7
3.2
5.0
4.1
3.7
2.8
4.2
3.4
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
3.0
3.6
3.1
1.8
2.8
3.6
2.9
1.0
3.0
3.6
3.1
1.8
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
0.9
4.4
3.2
4.4
3.1
2.0
2.0
3.8
0.9
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
1.9
3.2
4.5
-1.2
4.0
4.5
3.9
-4.4
1.8
3.4
4.5
-
1.1
0.3
0.7
-2.0
0.6
1.4
2.1
1.0
0.3
0.7
-0.3
2.1
0.1
0.7
2.1
1.0
1.9
2.0
1.8
1.8
12,832.6
12,810.0
12,860.8
13,019.0
12,964.2
12.971.4
12.984.5
13,051.1
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
- 0.2
13.138.8
13.194.9
13,278.5
13,370.1
13,085.5
13,114.7
13,145.3
13,360.0
13,313.0
13,372.7
13,449.3
3.7
1.7
2.6
2.8
1.1
0.9
0.9
6.7
109.959
110.485
111.060
111.176
110.838
110.852
111.034
111.623
109.952
110.488
111.045
111.152
109.950
110.479
111.036
2.1
1.0
1.9
0.4
-
1.8
1.8
1.2
March 2011
D-55
D. C h a rts
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
Thousands of chained (2005) dollars
45
Dec Nov
^
Nov
Mar
Jan Jly Jly
----------------
Nov
Mar
M ar Nov
Dec
Jun
REAL G ROSS DO M ESTIC F
40
-4 0
35
-3 5
-3 0
25 -
-2 5
20
-2 0
- 15
10
10
62
Percent
20
64
—
66
68
70
72
Dec Nov
i— ^
74
Nov
76
78
Mar
80
Jan Jly J ly
82
^
84
86
88
Nov
90
92
94
96
Jly Mar
98
00
02
04
06
M ar Nov
^
08
Dec
10
Jun
20
- 15
-
10
10 ^ m ™ P T ’T T ',n ^ T T T T T T T T ,T ,l,r T X m T m ,,T T T T T T T T T m m ^ T T T ,,F ,r^ 10
62
64
66
68
U.S. Bureau of E conom ic Analysis
70
72
74
76
78
80
82
84
86
88
90
92
94
96
98
00
02
04
06
08
10
National Data
D-56
March 2011
SELECTED NIPA SERIES
Percent
60
50-
Dec Nov
Nov
Mar
JanJIyJly Nov
Jly Mar
Mar Nov
Dec
Jun
SHARES OF FEDERAL GOVERNMENT RECMWS
- 50
Personal current taxes
- 40
40-
-f
____ _ j f
ins for government social insurance
30-
- 30
2 0 -
-
20
-
10
Taxes on corporate income
Taxes on production and imports
Percent
Dec Nov
Nov
Mar__________ JanJIyJly Nov
.............. ....................... ................
Jly Mar
Mar Nov
Dec
Jun
SHARES OF FEDERAL GOVERNMENT CURRENT EXPENDITURES
- 60
Current transfer payments
- 50
- 40
-< V
- 30
-
20
Interest payments
Percent
Dec Nov
RATIO
Nov
Mar__________ Jan Jly Jly Nov
Jly Mar
Mar Nov
Dec
Jun
!ET GOVERNMEN
Federal
----- 2
----- 8
-
10-
U.S. Bureau of Economic Analysis
— 10
March 2011
Survey
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
J a n J Iy J ly
Nov
Jly Mar
M ar Nov
Dec
Jun
25
RATIO, SAVINGS TO G ROSS NATIONAL INCOME
20
-
-
V
20
- 15
10
Gross business saving'
-
-
10
-
5
-
0
Personal saving
' %- ^ r
* v jT
'
■
1
■
Gross governm ent saving
--5
Gross saving less personal saving and gross governm ent saving
-1 0
Percent
Dec Nov
Nov
J a n J Iy J ly
Mar
Nov
M ar Nov
Jly Mar
25
RATIO, INVESTM ENT TO
Dec
1 1
Jun
...
Dec
Jun
H i plus balance on current account (NIPAs)
20
-
15 Gross private domestic
10
-
G ross governm ent ir
Balance on current account
-5
Percent
Dec Nov
Nov
Mar
J a n J Iy J ly Nov
■......... — '
70
M ar Nov
Jly Mar
SHARES O F G ROSS PRI'VATE DO M ESTIC FIXED INVESTMENT
60 -
-
60
-
50
-
40
-
30
-
20
* fS ;
50 -
Nonresidential equipm ent and software
J \
40 -
30 -
\
.- - V 'C
20
-
/
V
!
V
%
-
c
"v
i >
^
Residential investment
R
'" A '
*
v_ „ -
—
^
Nonresidential structures
U.S. Bureau of Economic Analysis
\
National Data
D-58
March 2011
SELECTED NIPA SERIES
SHARES OF NATIONAL INCOME
2009
1962
Supplements to wages
and salaries, 5.3%
Wage and salary
accruals, 56.6%
Supplements to wages
and salaries, 12.2%
Wage and salary
accruals, 51.2%
Proprietors' income,
8.5%
Proprietors’ income, 10.5%
Rental income
of persons, 2.2%
Rental income
of persons, 3.5%
Corporate profits, 10.7%
Corporate profits, 11.8%
Net interest and misc. payments,
6.4%
Net interest and misc. payments, 2.7%
Other, 0.2%
Taxes on production and imports, 9.5%
SHARES OF GROSS DOMESTIC PRODUCT BY SECTOR
Other 0 5%
Taxes on Production and imports, 8.3%
2009
1962
Business 74
Business, 79.2%
Households, 7.5%
Households, 6.3%
Nonprofit institutions serving
households, 2.4%
General government,
federal, 3.9%
General government,
federal 6.2%
General government,
state and local, 8.4%
General government,
state and local 5.8%
SHARES OF GROSS DOMESTIC PURCHASES
Personal consumption
expenditures, 62.5%
Nonprofit institutions
serving households,
5.4%
2009
1962
Personal consumption
expenditures, 68.9%
Private nonresidential
investment, 10.2%
Private residential
investment, 5.0%
Private nonresidential
investment, 8.7%
Private residential
investment, 2.5%
Federal government,’
7.8%
Federal government,* 12.9%
State and local
government,* 12.2%
and local government,* 9.4%
'Consumption expenditures and gross investment
U.S. Bureau of Economic Analysis
March 2011
S urvey
of
D-59
C u r r e n t B u s in e s s
SELECTED NIPA SERIES
Percent
Percent
Percent
Dec Nov
U.S. Bureau of Economic Analysis
Nov
Mar
Jan Jly Jly
Nov
Jly M ar
M ar Nov
Dec
Jun
National Data
D-60
March 2011
SELECTED NIPA SERIES
Percent
Dec Nov
PROFIT
16
Nov
Mar
IN, DOM
J a n J Iy J ly
Nov
Jly Mar
M ar Nov
Dec
Jun
N O NFINANCIAL CORPORATIONS
-
Before tax
After tax
’ Ratio of corporate profits p er unit to cost and profit per unit
1
62
I
64
I
I
I
66
Ratio
I
I
I
68
I
I
70
I
I
72
Dec Nov
INVENTORY/SALES RATIO
I
74
Nov
I
I
76
Mar
I
I
78
I
I
80
J a n J Iy J ly
I
I
82
Nov
I
I
84
I
I
86
I
88
I
I
I
90
I
I
92
I
I
94
I
I
96
Jly Mar
I
I
98
I I ... I I I I I I I" I I
00
02
M ar Nov
04
06
08
Dec
10
Jun
RRENT DOLLAR
Ratio of private nonfarm inventories to
final sales of goods and structures
Ratio of private inventories to
final sales of dom estic business
.
--__ _- -_
Ratio of private nonfarm inventories to
final sales of dom estic business
Based on current-dollar estim ates of inventories
Ratio
6
Dec Nov
Nov
Mar
J a n J Iy J ly
Nov
Jly Mar
M ar Nov
and sales
Dec
Jun
INVENTORY/SALES RATIO!—
Ratio of private nonfarm inventories to
final sales of goods and structures
Ratio of private inventories to
final sales of dom estic business
Ratio of private nonfarm inventories to
final sales of dom estic business
‘ Based on chained (2005) dolla r estim ates of inventories and sales
Bureau of Economic Analysis
March 2011
D-61
In d u s try D a ta
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
Gross domestic product.........................................................
1.9
0.0
-2.6
2.9
2.2
0.9
? Private industries..............................................................................
1
2.1
-0.7
-3.0
2.7
2.4
0.5
3
4
b
Agriculture, forestry, fishing, and hunting.............................
Farms...........................................................................................
Forestry, fishing, and related activities....................................
-7.4
-8.9
-2.6
9.1
13.3
-6.6
b.3
6.1
2.3
27.6
3b.b
4.0
1.4 -21.0
0.8 -2b.3
4.0 - 1 . /
6
7
8
9
Mining..............................................................................................
Oil and gas extraction.................................................................
Mining, except oil and gas.........................................................
Support activities for m ining.....................................................
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
f>5
26
27
28
29
30
31
3?
a?
34
35
36
3/
38
39
40
41
42
43
44
Utilities............................................................................................
Construction..................................................................................
Manufacturing...............................................................................
Durable goods............................................................................
Wood products.......................................................................
Nonmetallic mineral products...............................................
Primary m etals.......................................................................
Fabricated metal products....................................................
M achinery...............................................................................
Computer and electronic products......................................
Electrical equipment, appliances, and components..........
Motor vehicles, bodies and trailers, and parts....................
Other transportation equipment...........................................
Furniture and related products.............................................
Miscellaneous manufacturing...............................................
Nondurable goods......................................................................
Food and beverage and tobacco products.........................
Textile mills and textile product mills....................................
Apparel and leather and allied products..............................
Paper products.......................................................................
Printing and related support activities.................................
Petroleum and coal products................................................
Chemical products.................................................................
Plastics and rubber products...............................................
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
8.1
-1 8
-8.3
3.1
5.4
10.2
-4.1
-1.1
13.1
-8.1
4.2
VH
3.4
fa.2
-4.0
-3.5
?7
-A 1
7,5
97
5.6
1.3
0.9
-0 ./
-1.0
21.9
2.1
4.0
5.5
-3.9
3 ./
6.0
-5.7
-4.8
1.0
-5.3
-6 9
2.2
-3.5
-0.1
1b.2
/./
-13.7
3.5
-17.8
2.6
-11 H
-10.6
0.0
-9.5
-13.0
-0 5
04
-?1 4
-1 7 0
-0.1
-b.y
0.8
-4.1
-1.2
21.2
-2.6
-3.5
31.9
3.7
o.y
-9.0
-15.6
-8.6
-12.7
-17.4
-1 ? 5
3.0
-25.1
-22.2
3.4
-10.1
-2b.6
-11.7
-26.9
-7.2
-3 4
-1.7
- 2 /.b
-14.1
-8.3
-1 4 7
108
-3.6
-1 6 1
2.8
-1.9
-13.0
-8.4
-15.0
1.7
-15.7
-7.4
-32.9
-14.2
-/. b
1.8
6.6
-0.4
-1.5
-13.4
-0 5
7.6
3.7
2.0
-10.9
4.8
-2 .8
0.2
3.3
1.5
10
-4.1
-2.5
0.1
2.4
-1 ?
1??
-0 1
-7 1
0.1
-0.1
1.6
1.5
4 ./
-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
2.1
-9.2
0.0
0.9
-0.3
80
12.6
3.3
0.0
5.6
-3 5
1,0
147
?9
1.3
1.9
2.4
5 ./
11.1
-9.6
0.8
1.0
-1.0
1.9
3.4
12.2
2.1
5.3
7.2
0.6
108
-31.5
20.6
15.5
-2.1
13.6
29.6
7.4
15.1
5.6
31
15.8
8.5
0.4
13.7
40
-P8 7
11 7
139
-7.7
-0.5
6.9
10./
4.2
-5.2
7.5
7.7
10.3
8.3
2.0
45
46
47
48
49
Information.........................................
Publishing industries (includes software)................................
Motion picture and sound recording industries......................
Broadcasting and telecommunications...................................
Information and data processing services..............................
8.5
4.1
13.2
2.4
2.0 -3.4
11.4
5.3
-5.9
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. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and teasing; 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
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
b9
70
71
72
73
74
/b
76
//
/8
79
80
81
82
83
84
8b
8fi
87
88
89
90
91
Finance, insurance, real estate, rental, and leasing............
1.7
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
11.1
Computer systems design and related services...............
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...................................
3.4
90
Waste management and remediation services..................
Educational services, health care, and social assistance...
1.8
Educational services................................................................
0./
Health care and social assistance........................................
1.9
14
Hospitals and nursing and residential care facilities..........
2.0
4.?
Social assistance....................................................................
Arts, entertainment, recreation, accommodation, and food
services.......................................................................................
1.5
Arts, entertainment, and recreation....................................
2.8
Performing arts, spectator sports, museums, and related
activities..............................................................................
0.6
Amusements, gambling, and recreation industries............
b.4
11
Accommodation and food services.....................................
Accommodation..............................
1.8
Food services and drinking places......................................
0.8
Other services, except government..
0.?
Government...............................................
0.8
Federal.....................................................
0.3
General government..........................
0.8
Government enterprises............................................................ -3.2
1.0
State and local...............................................................................
1.4
General government...................................................................
Government enterprises............................................................ -3.8
Addenda:
Private goods-producing industries 1 ...........................................
0.6
Private services-producing industries 2.......................................
2.5
Information-communications-technology-producing industries 3 8.8
0.0
-4.0
1.1
6.1
2.3
2.7
2.9
3.2
1.1
0.3
3.5
-1 3 ?
-9.6
8.7
2.5
3.3
0.9
-?.?
16.3
18.1
-1.8
-1.7
1.8
103
0.5
-3.1
2.1
2.2
4.2
9.0
-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 ./
0.9
2.0
6.0
-1.4
0.4
1.3
1.1
3.9
-1.9
1.6
5.3
11.4 -1.3
3.6 -0.5
3.7 -0.9
33
?9
4.4
2.5
6.0 5.3
4.1
2.1
15
4.5
2.5
3.8
2.7
4.0
1.0
-3.2
4.7
4.8
34
4.4
6.9
4.0
3.5
4.6
4.0
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 ./ -1.4
1.5
4.3
22
4.5
0.9
4.6
?.?
0.6
-8.7
- /.8
5.0
3.3
3.0
2.2
5.0
2.2
-1.4 -5.4
- 1 . / -1 0 ./
- b « -9.0
-5.8 -6.6
-5.5 -9.9
-4,8 -6.8
2.1
0.8
2.6
3.6
b.8
3.9
-6.6 -13.3
1.9 -0.5
1.7 -0.2
4.7 -3.6
5.6
0 ./
5.6
6.6
5.2
3.6
4.7
4.6
4.1
3.9
4.8
4.9
2.9
2.5
1./
3.2
1.7
3.9
3.9
3.2
2.3
2.4
2.1
3.6
3.8
1.2
2.5
1.8
f) 9
-1.5
9.0
5.6
2.8
1 ./
0.8
9.4
3.3
2.6
12.6
-6.4
-2.1
-0.5
3.2
2.6
-4.9
4.1
1.9
-3.8
-3.0
1.4
-0.7
-4.6
-1.6
-4.2
0.4
8.8
assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.
3. Consists of computer and electronic products; publishing industries (includes software); information and data
processing services; and computer systems design and related services.
D-62
March 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.
international transactions, visit BEA’s Web site at www.bea.gov.
Table F.1. U.S. International Transactions in Goods and Services
[M illions of dollars, m onthly estim ates seasonally adjusted]
2009
2009
Dec.
Exports of goods and services............................................. 1,570,797 1,834,166 143,353
Goods..................................................................................... 1,068,499 1,288,663
Foods, feeds, and beverages...........................................
93,908 107,699
Industrial supplies and materials.....................................
296,709 390,741
390,461 445,910
Capital goods, except autom otive...................................
81,715 111,858
Automotive vehicles, parts, and engines........................
150,044 165,754
Consumer goods (nonfood), except automotive............
Other goods........................................................................
43,206
56,177
Adjustments 1.....................................................................
12,456
10,525
Services..................................................................................
Travel...................................................................................
Passenger fa re s.................................................................
Other transportation..........................................................
Royalties and license fees................................................
Other private services.......................................................
Transfers under U.S. military agency sales contracts 2
U.S. government miscellaneous services.......................
502,298
93,917
26,424
35,406
89,791
238,332
17,096
1,333
2010
2011
2010 r
545,502
103,094
31,295
39,826
95,807
256,570
17,445
1,465
J a n .r
F e b .r
M a rc h '
A p rilr
144,747 144,603 150,270 148,011
May r
June r
152,252 150,302
July r
Aug. r
Sept. '
Oct. r
153,788 153,624 154,350 158,681
Nov. '
Dec. r
Jan. ”
160,239 163,297 167,744
99,631 100,555 100,328 105,275 104,298 107,294 105,089 107,895 107,745 107,893 112,183 113,593 116,514 120,500
8,965
9,111
8,654
8,726
8,046
8,079
7,739
7,699
8,909
9,358 10,084 10,668 10,624 10,703
28,277 29,120 29,633 31,758 32,343 32,872 31,856 32,418 32,941
32,065 34,675 34,963 36,095 39,788
35,090 34,856 34,986 35,977 35,977 37,968 36,547 38,805 37,340
37,616 37,992 38,191
39,655 39,250
8,818
8,991
9,002
9,137
9,264
9,401
9,666
9,258
9,383
9,688
9,687 10,986
9,256
9,123
13,153
13,644
13,173 13,919
13,185 13,525
13,650
13,646
13,681
14,077
13,826 13,952
14,922
14,629
4,001
3,959
5,072
4,483
4,545
5,171
3,895
4,513
4,723
5,205
5,129
4,660
4,824
4,538
1,326
938
920
685
937
999
907
863
945
644
621
1,066
999
1,158
43,723
8,051
2,173
3,114
8,353
20,690
1,213
129
44,192
8,309
2,295
3,170
8,083
20,742
1,427
167
44,275
8,289
2,382
3,244
7,987
20,799
1,420
154
Imports of goods and services............................................. 1,945,705 2,329,894 180,485 179,394 184,321
44,995
8,539
2,509
3,285
8,056
21,078
1,396
133
43,713
8,058
2,348
3,215
8,047
20,483
1,451
111
44,958
8,588
2,695
3,329
7,998
20,748
1,495
105
45,212
8,682
2,783
3,411
8,005
20,704
1,518
108
45,893
8,687
2,806
3,383
7,956
21,452
1,500
109
45,879
8,548
2,639
3,369
7,901
21,806
1,505
110
189,776 188,582 194,248 200,242 196,014 199,939
46,783
8,892
2,652
3,412
7,985
22,323
1,400
120
47,244
9,010
2,757
3,435
7,998
22,506
1,417
120
198,428 196,908 198,478 203,561
214,084
46,456
8,795
2,774
3,349
7,896
22,036
1,494
112
46,498
8,816
2,736
3,285
7,927
22,189
1,429
116
46,645
8,891
2,675
3,377
7,964
22,210
1,411
118
G oods...................................................................................... 1,575,443 1,935,740 148,713 147,664 151,853 157,534 156,896 161,774 167,154 162,770 166,677 164,927 163,317 165,032 170,143 180,254
81,604
7,504
Foods, feeds, and beverages...........................................
91,721
6,919
7,262
7,221
7,500
7,709
7,636
7,790
7,733
7,810
7,686
7,840
8,030
8,519
462,512 601,321
Industrial supplies and materials.....................................
47,446 46,652 49,283 51,994 52,143 50,027 49,819 49,306 49,545 49,674 47,800 49,920 55,157 59,585
Capital goods, except autom otive...................................
369,336 449,313 33,718 33,563 33,942 34,439 36,001
37,923 38,311
37,755 38,645 39,954 39,047 40,123 39,610 41,709
157,629 225,210 17,026
16,027 17,602
Automotive vehicles, parts, and engines........................
16,732
17,330 19,482 20,770 19,994 20,648
19,297 19,345
18,917 19,065 21,735
428,379 483,343 36,958 36,543 38,394 38,989 37,461
40,071
Consumer goods (nonfood), except automotive............
43,183 41,217 42,637 41,123 41,989 41,064 40,672 41,583
61,134
5,122
4,664
5,341
Other goods........................................................................
60,165
5,093
5,209
5,133
4,634
5,254
4,909
5,034
5,304
5,107
5,451
4,893
1,524
Adjustments 1.....................................................................
15,818
23,699
1,818
1,775
1,873
1,827
1,899
1,953
2,073
2,034
2,146
2,157
2,230
2,085
2,060
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
394,153
74,646
28,086
48,953
29,227
177,720
30,446
5,075
31,772
6,091
2,234
3,592
2,255
14,574
2,566
460
31,730
6,261
2,203
3,617
2,294
14,376
2,571
408
32,469
6,172
2,152
3,751
3,042
14,381
2,574
396
32,242
6,195
2,276
3,960
2,321
14,523
2,576
391
31,686
5,811
2,151
3,940
2,294
14,547
2,539
404
32,474
6,096
2,398
4,095
2,297
14,652
2,529
407
33,088
6,223
2,425
4,349
2,494
14,660
2,523
413
33,244
6,341
2,446
4,266
2,353
14,863
2,539
436
33,262
6,252
2,355
4,337
2,385
14,954
2,538
442
33,502
6,355
2,420
4,267
2,410
15,073
2,532
444
33,591
6,363
2,430
4,228
2,423
15,185
2,515
447
33,446
6,307
2,437
4,079
2,444
15,225
2,508
446
33,418
6,270
2,393
4,063
2,467
15,281
2,503
441
33,830
6,314
2,479
4,285
2,470
15,348
2,500
433
Memoranda:
Balance on goods................................................................... -506,944 -647,077 -49,082 -47,109 -51,525 -52,259 -52,598 -54,480 -62,065 -54,875 -58,933 -57,033 -51,134 -51,438 -53,629 -59,754
Balance on services..............................................................
132,036 151,349 11,950
12,027 12,484 12,124
12,648
12,617
12,463 11,806 12,753
12,955 12,907
13,199 13,365 13,414
Balance on goods and services........................................... -374,908 -495,728 -37,132 -34,647 -39,718 -39,506 -40,571 -41,996 -49,941 -42,226 -46,316 -44,079 -38,227 -38,239 -40,264 -46,341
p Preliminary
to 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
Source: U.S. Bureau of Economic Analysis and U.S. Census Bureau.
March 2011
Survey
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
6
6
7
8
9
10
11
12
13
14
1b
1b
1/
18
19
20
21
22
23
24
2b
26
2/
28
29
30
31
32
33
'34
35
3b
3/
38
39
40
41
42
43
44
4b
46
4/
48
49
50
b1
52
53
54
55
56
5/
b8
b9
60
61
62
63
64
6b
66
6/
68
69
70
71
71a
72
n
/4
/b
/6
//
(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 sen/ices........................................
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.......................................................................................................
Special drawing rights...........................................................................
Reserve position in the International Monetary Fund...........................
Foreign currencies.................................................................................
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)..........
Of which: Seasonal adjustment discrepancy.............................................
Memoranda:
Balance on goods (lines 3 and 20).................................................................
Balance on sen/ices (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
1. Calculated excluding financial derivatives, net (line 70).
2009
2009
Seasonally adjusted
2010
2009
II
III
IV
I
II r
2,159,000
1,570,797
1,068,499
502,298
17,096
93,917
26,424
35,406
89,791
238,332
1,333
588,203
585,256
346,073
234,458
4,724
2,947
-2,412,489
-1,945,705
-1,575,443
-370,262
-30,474
-73,230
-25,980
-41,586
-25,230
-168,892
-4,871
-466,783
-456,027
-94,010
-218,020
-143,997
-10,757
-124,943
-41,638
-8,874
-74,431
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
-140
-29
-36
-56
-3
-140,465
-52,256
0
-48,230
-3,357
-669
541,342
-4,069
2,133
543,278
-629,552
-268,680
-208,213
26,351
-3,632
0
-8
-3,485
-139
193,750
-1,947
432
195,265
-163,767
-67,449
-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
124,428
-277,087
22,161
-31,754
83,302
-243,122
305,736
450,030
441,056
561,125
-120,069
57,971
-70,851
21,854
-144,294
134,707
22,781
59
12,632
-26,060
128,667
120,776
149,213
-28,437
685
-4,900
12,106
-154,727
33,812
-29,321
-221
-1,935
-1,460
-313,013
50,804
162,497
-506,944
132,036
-374,908
121,419
-124,943
-378,432
III
2010
II
III
IV
I
II r
III ?
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
-2
-8
-29
-36
-56
-3
-2
-8
-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
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
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
p
D-64
International Data
March 2011
Table F.3. U.S. International Transactions, by Area—Continues
[M illions of dollars]
Europe
Line
2010:11r
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
European Union
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 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.
2010:111
2010:111
2010:11 r
p
2010:11 '
p
2010:111
2010:11 '
p
2010:111
p
194,728
120,536
71,228
49,308
432
7,329
2,147
3,873
11,554
23,881
91
74,192
74,071
50,169
23,832
70
122
-197,217
-138,573
-96,331
-42,242
-3,102
-6,977
-3,665
-5,056
-4,288
-18,538
-616
-58,644
-58,478
-25,626
-27,079
-5,773
-167
-1,858
-413
-503
-942
198,395
124,207
70,548
53,659
539
9,933
3,065
4,035
11,351
24,646
90
74,188
74,063
50,165
23,755
143
125
-206,418
-144,639
-100,680
-43,959
-3,137
-7,098
-3,681
-5,622
-4,516
-19,211
-694
-61,778
-61,624
-28,911
-26,604
-6,109
-155
-2,208
-424
-510
-1,274
164,147
101,305
59,561
41,744
252
6,609
1,948
3,319
8,899
20,642
75
62,843
62,745
41,729
20,954
62
97
-166,988
-115,219
-79,747
-35,472
-2,871
-6,225
-3,337
^,0 1 0
-3,034
-15,596
-399
-51,770
-51,640
-23,378
-24,384
-3,878
-129
-486
-28
-467
9
167,910
104,912
59,249
45,662
309
9,082
2,772
3,457
8,746
21,223
73
62,998
62,898
41,877
20,891
130
100
-174,774
-120,918
-83,964
-36,954
-2,902
-6,266
-3,438
-4,533
-3,196
-16,193
-426
-53,856
-53,734
-25,663
-23,936
-4,135
-122
-863
-23
-474
-366
114,545
69,531
43,848
25,684
157
3,644
1,103
1,814
7,136
11,786
44
45,014
44,961
32,972
11,928
61
53
-117,524
-82,462
-60,213
-22,249
-2,611
-4,327
-2,222
-2,420
-2,083
-8,287
-299
-35,063
-34,970
-17,155
-15,123
-2,692
-93
-474
-3
-351
-120
117,262
71,876
43,466
28,410
194
5,521
1,663
1,801
7,028
12,159
43
45,386
45,331
33,274
11,928
129
55
-121,749
-86,289
-63,240
-23,049
-2,622
-4,402
-2,108
-2,728
-2,192
-8,673
-324
-35,460
-35,372
-17,909
-14,791
-2,672
-88
-523
-9
-353
-161
39,475
24,582
11,987
12,595
73
2,287
722
915
1,226
7,351
21
14,893
14,864
7,035
7,829
0
28
-37,229
-23,217
-12,705
-10,513
-256
-1,455
-962
-683
-661
-6,452
-44
-14,012
-13,983
-4,570
-8,657
-756
-29
156
0
-77
233
40,678
25,532
12,042
13,490
86
2,850
883
1,005
1,193
7,452
21
15,146
15,117
7,355
7,761
1
29
-39,679
-24,266
-13,407
-10,859
-250
-1,373
-1,097
-767
-697
-6,632
-44
-15,413
-15,385
-5,798
-8,550
-1,037
-28
-118
0
-77
-41
0
0
0
0
0
0
0
0
60,402
-56
0
-200,353
-111
0
70,005
-47
0
-210,664
-106
0
34,200
-47
0
-107,513
-106
0
37,238
0
0
-109,067
0
0
-56
-1,100
-250
177
-1,027
61,558
-40,688
6,450
-111
949
-51
52
948
-201,191
-38,369
-1,983
-47
-1,054
-130
136
-1,060
71,106
-34,041
887
-106
944
-49
30
963
-211,502
-37,652
-5,604
-47
-1,044
0
11
-1,055
35,291
-29,692
-19,927
-106
1,002
0
30
972
-108,409
-30,297
-1,822
-1
0
0
-1
37,239
-8,034
18,971
-49
-49
0
0
-109,018
-6,708
-7,043
9,844
85,952
-18,153
-142,686
9,734
94,526
-18,210
-150,036
85
84,825
-11,696
-64,594
8,912
17,390
-10,269
-84,998
96,885
32,858
n
o
n
648
( 1)
( 1)
64,027
6,918
68,051
-2,491
n.a.
269,109
34,737
( 1)
(1)
(1)
-56
(1)
C)
234,372
55,744
13,238
41,084
n.a.
52,842
(2)
(2)
(2)
(2)
272
(2)
(2)
(2)
3,140
(2)
-3,948
n.a.
200,659
(2)
(2)
(2)
(2)
-91
(2)
(2)
(2)
45,826
(2)
38,219
n.a.
21,362
(2)
(2)
(2)
(2)
-24
(2)
(2)
(2)
16,707
(2)
-8,984
n.a.
29,253
(2)
(2)
(2)
(2)
55
(2)
(2)
(2)
30,687
(2)
19,313
n.a.
28,564
(2)
(2)
(2)
(2)
231
(2)
(2)
(2)
-8,329
(2)
6,055
n.a.
169,010
(2)
(2)
(2)
(2)
6
(2)
(2)
(2)
14,551
(2)
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
15,548
-1,858
-4,347
-30,132
9,700
-20,432
12,409
-2,208
-10,231
-20,185
6,271
-13,914
11,073
-486
-3,327
-24,714
8,709
-16,006
9,142
-863
-7,726
-16,365
3,435
-12,930
9,951
-474
-3,453
-19,774
5,361
-14,413
9,926
-523
-5,010
-717
2,082
1,365
881
156
2,402
-1,365
2,631
1,266
-267
-118
881
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).
March 2011
D-65
S u r v e y o f C u r r e n t B u s in e s s
Table F.3. U.S. International Transactions, by Area— C ontinues
[Millions of dollars]
Latin America and Other
Western Hemisphere
Canada
Line
(Credits +; debits - )
2010:11 r
Current account
1 Exports of goods and services and income receipts.....................................
2
Exports of goods and services..........................................................................
3
Goods, balance of payments basis...............................................................
4
Services........................................................................................................
5
Transfers under U.S. military agency sales contracts..............................
6
Travel........................................................................................................
7
Passenger fares.......................................................................................
8
Other transportation.................................................................................
9
Royalties and license fees........................................................................
10
Other private services........................
11
U.S. government miscellaneous services................................................
12
Income receipts............................................
Income receipts on U.S.-owned assets abroad...........................................
13
14
Direct investment receipts..................
15
Other private receipts.........................
U.S. government receipts...................
16
1/
Compensation of employees........................................................................
18 Imports of goods and services and income paym ents..................................
19
Imports of goods and services..........................................................................
20
Goods, balance of payments basis...............................................................
21
Services............
22
Direct defense expenditures.....................................................................
23
Travel............
24
Passenger fares.......................................................................................
Other transportation.................................................................................
25
26
Royalties and license fees........................................................................
2/
Other private services..............................................................................
28
U.S. government miscellaneous services.................................................
29
Income payments..............................................................................................
30
Income payments on foreign-owned assets in the United States................
Direct investment payments.....................................................................
31
32
Other private payments............................................................................
U.S. government payments......................................................................
33
34
Compensation of employees........................................................................
35 Unilateral current transfers, net.........................................................................
U.S. government grants.....................................................................................
36
3/
U.S. government pensions and other transfers................................................
Private remittances and other transfers............................................................
38
Capital account
39 Capital account transactions, net......................................................................
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives
(increase/financial outflow ( - ) ) ......................................................................
........................................
41
U.S. official reserve assets..
42
Gold...............................
43
Special drawing rights....
44
Reserve position in the International Monetary Fund..................................
Foreign currencies..............................................
45
46
U.S. government assets, other than official reserve assets.............................
47
U.S. credits and other long-term assets.............
Repayments on U.S. credits and other long-term assets............................
48
49
U.S. foreign currency holdings and U.S. short-term assets.........................
50
U.S. private assets............................................................................................
...............
Direct investment..........
51
52
Foreign securities.........................................................................................
53
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns...................................................................................................
54
U.S. claims reported by U.S. banks and securities brokers.........................
55 Foreign-owned assets in the United States, excluding financial derivatives
(increase/financial inflow (+)).........................................................................
Foreign official assets in the United States......................................................
56
57
U.S. government securities...........................................................................
U.S. Treasury securities............................................................................
58
59
Other.........................
Other U.S. government liabilities..................................................................
60
U.S. liabilities reported by U.S. banks and securities brokers......................
61
62
Other foreign official assets..........................................................................
Other foreign assets in the United States.........................................................
63
Direct investment...........
64
65
U.S. Treasury securities................................................................................
U.S. securities other than U.S. Treasury securities......................................
m
U.S. currency................................................................................................
6/
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
68
concerns...................................................................................................
U.S. liabilities reported by U.S. banks and securities brokers......................
69
70 Financial derivatives, net....................................................................................
71 Statistical discrepancy (sum of above items with sign reversed).................
Memoranda:
72 Balance on goods (lines 3 and 20)........................................................................
73 Balance on services (lines 4 and 2 1 ).........................................................................
74 Balance on goods and services (lines 2 and 19).......................................................
75 Balance on income (lines 12 and 2 9 ).........................................................................
76 Unilateral current transfers, net (line 3 5 )....................................................................
77 Balance on current account (lines 1,18, and 35 or lines 74,75, and 7 6 ).............
p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/-)
1. Details not shown separately; see totals in lines 56 and 63.
2010:111
2010:11r
p
2010:111
Mexico
2010:111
2010:11 r
p
Australia
Asia and Pacific
2010:11 r
p
2010:111
2010:111
2010:11 r
p
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
-41
-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
n
-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)
( 1)
28,713
-318
V)
-1,546
5,050
33,227
29,495
2,342
8,579
(2)
-2,599
(2)
(2)
9
-11
(’)
n
(1)
(2)
(2)
153,154
69,893
( 1)
1,428
(2)
56,600
23,217
V)
(1)
(')
C)
( 1)
(1)
(1)
19,766
260
( 1)
1,679
n.a.
( ’)
29,031
4,878
(')
2,690
n.a.
195
(')
(')
-6,596
4,431
( ’)
-19,138
n.a.
n
-393
-262
-12,555
( ’)
-1,140
n.a.
‘ -18,197
( ’)
-36,271
-3,099
127,334
0
20,967
n.a.
44,643
-8,233
6,290
-1,942
7,878
-771
-5,365
4,232
-1,133
-16,757
3,944
-12,813
17,973
-8,692
-3,533
-17,468
5,914
(1)
5,166
(1)
7,268
-779
5,356
(2)
(2)
(2)
(2)
(')
(')
n
n
(1)
(2)
(2)
(2)
(2)
(2)
(2)
4
V)
V)
3,732
2,875
( 1)
35,191
n.a.
152
(2)
(2)
(2)
300
(2)
1,664
n.a.
7
(2)
(2)
(2)
190
(2)
245
n.a.
914
( 1)
( ’)
33,383
7,845
( ’)
16,387
n.a.
448
(')
(’)
83,261
8,546
( ’)
28,549
n.a.
148
(2)
(2)
(2)
-1,061
(2)
-1,137
n.a.
98
(2)
(2)
(2)
2,087
(2)
-619
n.a.
386
2-160
-233
28,370
(3)
22,775
<3)
48,507
(')
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
-18,465
2,389
-16,076
-17,984
-15,378
-91,709
12,918
-78,791
-110,384
15,334
-95,049
782
811
-7,353
-7,539
-3,373
-18,667
-3,252
-17,820
-8,010
-9,208
-94,154
-111,796
-11,554
17,662
-8,748
-2,640
2,606
3,234
1,772
3,153
5,006
3,691
-9 4
8,604
4,896
3,345
-101
8,140
1,742
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
March 2011
International Data
Table F.3. U.S. International Transactions, by Area—Table Ends
[Millions of dollars]
China
Line
2010:11 r
Current account
1 Exports of goods and services and income receipts......................................
2
Exports of goods and services..........................................................................
3
Goods, balance of payments basis...............................................................
4
Services........................................................................................................
Transfers under U.S. military agency sales contracts..............................
5
6
Travel........................................................................................................
7
Passenger fares.......................................................................................
8
Other transportation
...........................................................................
9
Royalties and license fees........................................................................
10
Other private services...
11
U.S. government miscellaneous services.................................................
12
Income receipts.....................
13
Income receipts on U.S.-owned assets abroad............................................
14
Direct investment receipts........................................................................
15
Other private receipts....
16
U.S. government receipts.........................................................................
17
Compensation of employees........................................................................
18 Imports of goods and services and income payments..................................
19
Imports of goods and services..........................................................................
20
Goods, balance of payments basis...............................................................
21
Services.........................................................................................................
22
Direct defense expenditures.....................................................................
23
Travel........................................................................................................
24
Passenger fares
Other transportation.................................................................................
25
26
Royalties and license fees........................................................................
27
Other private services..............................................................................
28
U.S. government miscellaneous services.................................................
29
Income payments
30
Income payments on foreign-owned assets in the United States................
Direct investment payments.....................................................................
31
32
Other private payments.
33
U.S. government payments......................................................................
34
Compensation of employees........................................................................
35 Unilateral current transfers, net
36
U.S. government grants
37
U.S. government pensions and other transfers.................................................
38
Private remittances and other transfers............................................................
Capital account
39 Capital account transactions, net......................................................................
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives
(increase/financial outflow ( - ) ) ......................................................................
41
U.S. official reserve assets................................................................................
42
Gold...............................................................................................................
43
Special drawing rights...................................................................................
44
Reserve position in the International Monetary Fund...................................
45
Foreign currencies........................................................................................
U.S. government assets, other than official reserve assets.............................
46
47
U.S. credits and other long-term assets.......................................................
48
Repayments on U.S. credits and other long-term assets............................
49
U.S. foreign currency holdings and U.S. short-term assets.........................
50
U.S. private assets............................................................................................
51
Direct investment..........................................................................................
52
Foreign securities.........................................................................................
53
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking
concerns...................................................................................................
54
U.S. claims reported by U.S. banks and securities brokers.........................
55 Foreign-owned assets in the United States, excluding financial derivatives
(increase/financial inflow (+)).........................................................................
Foreign official assets in the United States.......................................................
56
57
U.S. government securities...........................................................................
U.S. Treasury securities............................................................................
58
59
Other.........................................................................................................
60
Other U.S. government liabilities..................................................................
61
U.S. liabilities reported by U.S. banks and securities brokers......................
62
Other foreign official assets..........................................................................
63
Other foreign assets in the United States.........................................................
64
Direct investment..
65
U.S. Treasury securities................................................................................
66
U.S. securities other than U.S. Treasury securities.......................................
67
U.S. currency................................................................................................
68
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking
concerns...................................................................................................
69
U.S. liabilities reported by U.S. banks and securities brokers......................
70 Financial derivatives, net....................................................................................
71 Statistical discrepancy (sum of above items with sign reversed).................
Memoranda:
72 Balance on goods (lines 3 and 20)........................................................................
73 Balance on services (lines 4 and 21) ...............................................................
74 Balance on goods and services (lines 2 and 19)...................................................
75 Balance on income (lines 12 and 29)
76 Unilateral current transfers, net (line 3 5)...............................................................
77 Balance on current account (lines 1,18, and 35 or lines 74,75, and 7 6)............
p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/-)
1. Details not shown separately; see totals in lines 56 and 63.
Japan
India
Middle East
Africa
(Credits +; debits -)
2010:111
2010:11 '
p
2010:111
2010:11 r
p
2010:111
2010:11 '
p
2010:111
2010:11 r
p
2010:111
p
27,627
24,667
20,337
4,330
(*)
889
264
578
722
1,871
6
2,960
2,949
2,476
468
5
11
-103,154
-90,652
-88,106
-2,546
-3
-720
-153
-730
-26
-903
-11
-12,501
-12,374
(*)
-682
-11,692
-128
-621
-6
-3
-612
30,114
27,101
22,024
5,077
(*)
1,019
340
550
705
2,456
8
3,013
3,002
2,526
466
10
11
-118,530
-106,344
-103,833
-2,511
-3
-590
-132
-799
-28
-947
-12
-12,187
-12,074
-31
-683
-11,360
-113
-813
-6
-2
-805
9,001
7,848
5,239
2,608
2
1,026
414
85
155
913
13
1,153
1,148
734
413
1
5
-11,297
-10,943
-7,885
-3,058
-1
-323
-39
-29
-30
-2,630
-7
-354
-286
-63
-57
-166
-68
-1,193
-26
-7
-1,160
9,080
7,930
4,993
2,937
10
822
366
86
148
1,491
13
1,150
1,145
700
441
4
5
-11,585
-11,242
-7,803
-3,438
-2
-602
-43
-52
-31
-2,701
-7
-343
-292
-72
-56
-164
-51
-1,410
-27
-7
-1,376
31,846
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
-49,903
-35,435
-28,950
-6,485
-568
-844
-357
-1,453
-1,887
-1,342
-34
-14,468
-14,439
-3,925
-3,009
-7,505
-29
-273
0
-78
-195
33,378
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
-52,903
-38,231
-31,480
-6,751
-560
-911
-324
-1,541
-1,993
-1,394
-28
-14,672
-14,648
-3,991
-2,993
-7,664
-24
-266
0
-79
-187
19,725
17,241
12,367
4,874
986
714
115
519
171
2,348
21
2,485
2,458
1,863
581
14
27
-27,772
-25,416
-20,950
-4,466
-2,037
-792
-519
-335
-43
-666
-74
-2,356
-2,339
-34
-1,139
-1,166
-17
-1,943
-1,294
-36
-613
20,269
17,411
11,815
5,595
1,085
1,120
147
479
165
2,577
22
2,858
2,830
2,248
554
28
27
-25,498
-23,173
-18,800
-4,373
-1,990
-730
-499
-353
-45
-680
-76
-2,325
-2,312
-76
-1,116
-1,120
-13
-1,809
-1,111
-38
-660
11,374
8,853
6,225
2,628
101
391
132
113
219
1,654
18
2,521
2,496
2,056
395
45
25
-23,833
-23,491
-21,621
-1,870
-92
-748
-151
-110
-6
-699
-64
-342
-322
-12
-93
-217
-19
-2,896
-1,753
-10
-1,133
13,019
10,591
7,448
3,143
170
552
187
119
215
1,878
23
2,428
2,403
1,950
394
59
25
-25,802
-25,465
-23,326
-2,139
-94
-947
-145
-135
-6
-740
-72
-337
-323
-16
-92
-215
-14
-2,829
-1,602
-10
-1,217
0
0
0
0
0
0
0
0
-1
-8
-9,981
0
0
3,851
0
0
-2,901
0
0
-7,386
0
0
-27,895
-26
0
-44,424
-21
0
-3,020
0
0
2,083
0
0
-1,140
0
0
-3,795
0
0
22
0
23
-1
-10,003
-2,171
55
42
0
35
7
3,809
-1,528
-12
1
-3
6
-2
-2,902
-1,038
-134
22
0
16
6
-7,408
-2,771
-3,800
-26
-220
0
0
-220
-27,649
-2,542
2,610
-21
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
-99
-7,788
42
5,307
-174
-1,556
-10
-827
-346
-27,371
-128
-42,250
-1,081
-3,508
688
1,478
-94
-698
151
-2,121
-21,697
43,274
(2)
3,764
71,776
(2)
(2)
(2)
0
(2)
(2)
0
(2)
(2)
104
(2)
(2)
70
(2)
(2)
117
(2)
(2)
-66
( ’)
( ’)
641
10,547
8,236
0
5,998
-441
(2)
(2)
(2)
7,953
3,161
(2)
(2)
(2)
-23,832
-22,530
(2)
7,225
(2)
47,428
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
7,144
(2)
(2)
(2)
0
0
12
(2)
(2)
(2)
5,494
(2)
(2)
(2)
(2)
106
206
217
(2)
(2)
(2)
1,587
n.a.
-447
n.a.
-99
n.a.
-148
n.a.
7,397
n.a.
23,539
n.a.
329
2-23,719
-401
243,916
-42
23,584
-285
27,576
(3)
(3)
(3)
(3)
107,826
442,105
2,626
44,075
-178
232,948
-1,701
498
140
242,669
n.a.
4-7,561
-67,769
1,784
-65,986
-9,541
-621
-76,147
-81,809
2,566
-79,242
-9,174
-813
-89,230
-2,645
-450
-3,096
799
-1,193
-3,489
-2,810
-501
-3,312
807
-1,410
-3,914
-14,059
4,324
-9,735
-8,322
-273
-18,331
-16,029
5,014
-11,015
-8,509
-266
-19,791
(1)
-1,302
-147
0
-875
n.a.
0
V)
V)
(1)
V)
972
( 1)
( 1)
75
( ’)
0
149
(1)
(1)
(1)
(1)
(1)
(1)
2,311
6
4,792
60
6,439
-221
(1)
(1)
1,399
n.a.
0
412
-1,372
(3)
(3)
36,842
-8,584
408
-8,176
129
-1,943
-9,989
-236
n.a.
(’)
(1)
-224
n.a.
(’)
4-5,591
-619
468
8,075
1,183
n.a.
413,416
-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
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).
March 2011
D-67
S u r v e y o f C u r r e n t B u sin e s s
Table F.4. Private Services Transactions
[Millions of dollars]
Seasonally adjusted
Not seasonally adjusted
Line
2009
2009
I
II
2010
III
IV
I
II r
2009
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
21,907 25,921
25,006
25,199 26,273
27,190 22,212
30,515
23,631
23,006 23,311
23,969
6,357
9,057
7,167
6,783
3
Passenger fares (table F.2, line 7)..............................................................
26,424
6,632
7,035
6,534
6,498
6,356
7,806
8,223
7,165
6,269
7,575
4
Other transportation (table F.2, line 8)........................................................
10,217
8,652
8,834
9,371
9,691
9,947
9,905
35,406
8,307
8,620
8,935
9,544
9,366
10,025
8,549
4,671
4,777
4,902
5
Freight....................................................................................................
17,247
4,103
4,332
4,752
4,680
4,773
4,168
4,335
4,773
4,061
4,966
4,073
4,914
4,517
5,443
4,484
4,499
4,700
5,045
5,132
6
18,159
4,247
4,603
4,792
4,686
5,059
4,476
Port services............................
24,062 24,390
7
Royalties and license fees (table F.2, line 9 )..............................................
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
By type: '
8,984
8
Industrial processes 2 .......................................................................
35,630
7,822
8,348
10,617
8,984
9,733
7,822
8,843
10,617
9,535
9,733
8,843
9,535
8,348
15,154
15,962
14,014
12,553
9
O ther3...............................................................................................
14,527
14,657
54,161
11,788
11,230
15,181
13,523
15,008
14,165
13,680
13,913
By affiliation:
13,654
14,549
10
U.S. parents’ receipts from their foreign affiliates.............................
55,430
13,722
14,393
12,681
13,622
13,665
15,463
14,420
14,601
11,955
13,463
16,358
14,493
11
U.S. affiliates' receipts from their foreign parent groups...................
3,387
794
891
880
822
733
736
746
794
891
880
822
733
736
746
12
U.S. receipts from unaffiliated foreigners..........................................
30,974
8,855
8,906
8,759
8,028
7,850
6,851
8,245
9,043
6,861
9,766
5,730
8,617
8,051
9,313
13 Other private services (table F.2, line 10)................................................... 238,332 60,314
62,576
61,893 62,822
55,359
59,466
58,831
58,487
59,458 61,555
63,193
64,223 58,508 62,892
By type :1
14
2,407
5,238
5,355
5,501
Education..........................................................................................
19,911
8,141
5,596
3,767
8,874
6,123
4,813
4,921
5,046
5,130
2,609
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
3,754
3,505
3,518
Insurance services............................................................................
14,651
3,611
3,505
3,518
3,523
3,643
3,754
3,611
3,643
3,523
3,643
3,643
2,432
2,451
17
Telecommunications..........................................................................
9,284
2,225
2,303
2,388
2,432
2,451
2,523
2,225
2,303
2,388
2,368
2,523
2,368
31,071
31,614
18
Business, professional, and technical services................................ 116,629
27,724 27,977
28,322
32,607 29,625
29,568
30,989 31,623
30,350
28,590 28,864 29,606
Other services 4................................................................................
19
22,411
5,300
5,758
5,995
5,286
5,536
6,289
5,758
5,855
5,995
5,286
5,536
6,289
5,855
5,300
By affiliation:
14,884
14,647
53,636
12,559
14,189
13,907
14,218
13,499
12,896
14,273
14,323
20
U.S. parents’ receipts from their foreign affiliates.............................
12,848
12,516
15,713
12,969
21
U.S. affiliates’ receipts from their foreign parent groups...................
6,584
6,343
6,007
6,251
6,149
7,113
6,639
6,702
24,536
5,557
6,095
5,898
6,987
6,601
6,129
41,134
40,579
41,472
22
U.S. receipts from unaffiliated foreigners..........................................
160,159 41,910 36,705 41,052
43,451
42,332
39,325
40,931
40,493
37,999
39,389 40,312
94,712
87,489
88,389 91,093
23 Imports of private services.......................................................................... 334,917 78,953 84,358 86,849 84,759
82,108 90,642
84,043 81,928 83,542
85,405
24 Travel (table F.2, line 23)...............
21,977
18,651
18,152
19,167
73,230
16,160 20,138 20,988
15,944
16,070 20,452
18,702
17,721
18,459
18,348
25
Passenger fares (table F.2, line 24)............................................................
25,980
6,661
6,324
7,496
6,784
6,455
6,578
6,638
6,981
7,228
6,458
6,710
6,151
7,483
6,163
11,287
26
Other transportation (table F.2, line 25)......................................................
10,667
10,145
10,642
13,437
10,141
9,880
12,344
13,028
41,586
10,369
10,405
12,357
11,295
10,269
27
Freight....................................................................................................
29,341
6,927
6,952
8,449
7,238
8,005
10,523
8,026
6,911
7,451
9,510
10,099
7,623
7,553
9,493
2,834
28
Port services..........................................................................................
12,245
3,044
3,217
3,132
2,637
2,913
2,928
2,818
2,838
2,929
2,852
2,865
3,269
3,230
29
7,322
7,077
6,137
7,662
7,087
7,191
Royalties and license fees (table F.2, line 2 6)...........................................
25,230
5,728
6,289
6,054
6,864
5,988
6,442
6,663
7,159
By type :1
4,696
4,584
30
Industrial processes 2.......................................................................
16,464
4,045
4,049
4,453
4,625
3,716
4,113
4,472
4,688
3,540
4,830
4,443
4,163
Other 3...............................................................................................
2,244
2,452
2,272
2,279
2,024
2,191
2,966
2,502
2,502
31
8,766
2,188
2,004
2,329
2,869
2,421
By affiliation:
32
1,202
711
1,002
1,214
711
689
705
4,508
1,089
1,002
1,214
689
705
1,089
1,202
U.S. parents’ payments to their foreign affiliates..............................
33
U.S. affiliates’ payments to their foreign parent groups....................
13,843
3,366
3,952
4,249
4,484
3,387
3,573
4,315
4,461
4,602
3,096
3,295
4,085
3,378
3,505
34
1,722
1,887
2,636
1,937
U.S. payments to unaffiliated foreigners...........................................
6,880
1,543
1,756
2,659
1,926
1,520
1,736
1,748
1,876
1,883
1,860
35
Other private services (table F.2, line 27)................................................... 168,892
44,725
41,274 41,461
42,611
43,546
43,250 43,825 44,480
39,940 41,124 42,728
45,100
41,750 43,485
By type :1
1,417
1,446
1,416
1,110
1,502
2,000
1,367
1,409
1,473
1,498
3b
Education..........................................................................................
5,583
1,048
1,883
1,235
1,389
37
Financial services....
16,454
4,329
4,054
3,928
4,054
4,301
3,896
3,951
3,928
3,770
4,301
3,896
3,951
3,770
4,329
13,644
13,871
13,398
38
Insurance services..
55,233
14,408
13,310
13,644
13,871
13,398
13,861
14,408
13,310
13,831
13,861
13,831
1,867
1,892
39
Telecommunications
7,048
1,722
1,829
1,819
1,867
1,892
1,605
1,722
1,829
1,892
1,605
1,892
1,819
Business, professional, and technical services................................
22,046
22,098 22,682
40
81,995
18,594
19,630 20,656
23,115
20,881
21,729 22,426
19,609
19,993 21,013
21,379
646
..........................
41
Other services 4........ ......... ....................
2,579
513
718
661
646
618
513
718
661
686
605
618
686
605
By affiliation:
12,387
42
U.S. parents’ payments to their foreign affiliates..............................
46,687
11,232
11,254
11,770
12,329
11,972
12,225
10,575
11,489
13,392
11,650
11,880
11,976
11,335
5,364
U.S. affiliates’ payments to their foreign parent groups....................
20,291
5,242
5,455
5,578
43
4,428
4,803
5,144
5,006
5,223
5,533
4,706
5,024
5,320
5,916
44
25,094
25,499
26,398 26,677
U.S. payments to unaffiliated foreigners............................................ 101,913 24,937 25,090 26,095
25,792
27,216
25,315 25,102
25,598
25,898
26,383
Supplemental detail on insurance transactions:
6,214
5,518
5,546
5,566
45 Premiums received 5......................................................................................
23,928
5,946
5,833
5,518
5,566
5,946
6,214
5,833
5,936
5,936
5,546
3,237
2,767
3,046
3,132
3,237
46 Actual losses paid...
11,400
3,014
2,860
2,767
3,046
3,132
3,014
2,760
2,760
2,860
47 Premiums paid 5.....
21,044 21,543
21,073 21,716 21,825
88,468
21,825
23,865 21,044 21,543
22,016
23,865
22,016 21,073 21,716
10,151
48 Actual losses recovered.................................................................................
42,567
11,344
10,813
10,151
10,608
11,344
10,295
10,116
10,405
10,608
10,295
10,116
10,405
10,813
Memoranda:
49 Balance on goods (table F.2, line 7 2)............................................................. -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
41,089
40,519 40,519
50 Balance on private services (line 1 minus line 23)........................................ 148,952
36,623
34,092
35,979
42,257
42,678 35,931
41,866
35,609
37,010 35,956 40,377
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.
March 2011
D-68
G. Investment 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, 2008r
Position, 2009 p
Valuation adjustments
Financial flows
(a)
Price changes
(b)
Exchange-rate
changes1
(c)
Other changes2
(d)
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
522.929
(4)
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)
140,465
(3)
(3)
1,066,119
(3)
(3)
357,956
(3)
(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
56,941
556,941
875
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 assets 9........................................
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
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)
(3)
305,736
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
@FedFRASER