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NOVEMBER 201 0

SURVEY OF CURRENT BUSINESS
B E A ’s M O N T H L Y JO U R N A L

In This Issue . . .
Updated Summary of NIPA Methodologies
U.S. Travel and Tourism Satellite Accounts, 2004-2009
Operations of U.S. Affiliates of Foreign Companies, 2008

Si BEA

B U R E A U O F E C O N O M IC A N A L Y S IS
U.S. D E P A R T M E N T O F C O M M E R C E

ECONOMICS AND STATISTICS ADMINISTRATION




U .S .

D e p a r tm

Gary Locke,
E c o n o m

e n t

Secretary

ic s

a n d

Rebecca M. Blank,
B u r e a u

o f

o f

C o m

m

e r c e

S ta t is t ic s

A d m

in is tr a tio n

Under Secretary for Economic Affairs

E c o n o m

ic

A n a ly s is

J. Steven Landefeld, Director
Brian C. Moyer, Deputy Director

Ana M. Aizcorbe, Chief Economist
Brian M. Callahan, Chief Information Officer
Dennis J. Fixler, Chief Statistician
Brent R. Moulton, Associate Director for National Economic Accounts
Brian C. Moyer, Acting Associate Director for Industry Accounts
Joel D. Platt, Associate Director for Regional Economics
Robert E. Yuskavage, Acting Associate Director for International Economics
B E A

A d v is o r y

C o m

m

it te e

The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national,
regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from
innovative and advancing technologies, and it provides recommendations from the perspective of business economists, academicians,
researchers, and experts in government and international affairs.
Dale W. Jorgenson, Chair, Harvard University
Alan J. Auerbach, University of California, Berkeley
Richard B. Berner, Morgan Stanley
Barry P. 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, The Brookings Institution
James Kim, E d ito r-in -C h ie f
M. Gretchen Gibson, M an a g in g E d ito r
Kristina L. Maze, Production M an ag er
Wm. Ronnie Foster, G raphic D esigner
Colby Johnson, G raphic D esigner
Danielle M. Wittenberg, E ditor
Kelly Holliday, In tern
The S urvey of C urrent business (ISSN 0039-6222) is pub­
lished monthly by the Bureau of Economic Analysis of the U.S.
Department o f Commerce. Send editorial correspondence to
customerservice@bea.gov.
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required by law of the Department.

SURVEYOFCURRENTBUSINESS
N o v e m

1

G D P

b e r

a n d

2 0 1 0

th e

V o lu m

E c o n o m

y :

A d v a n c e

E s t im

a te s

f o r

th e

e

9 0

T h ir d

Q

•

N u m

u a r te r

b e r

o f

11

2 0 1 0

Real GDP increased 2.0 percent after increasing 1.7 percent in the second quarter. Imports slowed.
Inventory investment and consumer spending picked up. Residential investment turned down.
6 Seasonal Adjustment and the Price Index for Imports of Petroleum

9

N e w ly

A v a ila b le

N IP A

T a b le s

Personal income and its disposition by households and nonprofit institutions serving households as
well as a comparison of BEA and IRS statistics on income and outlays of these nonprofits.

1 1

U p d a te d

S u m

m

a r y

o f

N IP A

M

e th o d o lo g ie s

The data and methods used to prepare current-dollar and real estimates of GDP and current-dollar
estimates of gross domestic income, reflecting the 2010 annual NIPA revision.

3 1

U .S .

T r a v e l

a n d

T o u r is m

S a te llite

A c c o u n ts

f o r

2 0 0 4 - 2 0 0 9

In 2009, the travel and tourism industry continued to decline, decreasing 4.7 percent after
decreasing 3.1 percent in 2008. Employment also decreased.

4 5

U .S .

A f filia t e s

o f

F o r e ig n

C o m

p a n ie s :

O

p e r a tio n s

in

2 0 0 8

The current-dollar value added of these affiliates decreased 1.5 percent to $670.3 billion despite a
substantial increase in foreign investment in the United States. Employment by these affiliates
increased 0.1 percent.




www.bea.gov

//'

D -1

N ovem ber 2010

B E A

C u r r e n t

# /#

D i r e c t o r ’s

i v

T a k in g

B E A ’s

M

a n d

H is to r ic a l

D a ta

e s s a g e

A c c o u n t

W

S c h e d u le

L o o k in g

e b

o f

S ite

a n d

U p c o m

C o n ta c ts

in g

N e w s

( in s id e

b a c k

R e le a s e s

c o v e r )

( b a c k

c o v e r )

A h e a d

Research and Developm ent Satellite Account. Updates and extends the statistics on
research and development.
Gross Dom estic Product by State.




iii

N ovem ber 2010




Director’s Message______________
In this issue, we provide our annual, easy-to-read guide to the
methodologies and source data used to construct the national
and income and product accounts (NIPAs). The information in­
cludes short descriptions of the source data used for annual
benchmark estimates, other annual estimates, and current quar­
terly estimates. The presentation also includes the methods and
price measures used to prepare real estimates of the NIPAs.
As usual, our m onthly “GDP and the Economy” article pro­
vides a look at the most recent NIPA estimates. This m onth, we
present the advance estimates for the third quarter of 2010. The
article includes a short item on seasonal adjustments and the
NIPA estimates, with a focus on adjusting the prices of petroleum
imports.
Elsewhere in this issue, we discuss the operations of U.S. affili­
ates of foreign multinational companies for 2008, taking a de­
tailed look at changes in value added, employment, goods
exports and im ports, and research and development activity. And
in another article, we present statistics from the BEA travel and
tourism satellite accounts for 2 0 0 4 -2 0 0 9 . The updated estimates
reflect the incorporation of the m ost recent comprehensive revi­
sion of the annual industry accounts.
As always, we appreciate feedback and suggestions.

iv

N ovem ber 2010

Taking Account...
B E A

D i r e c t o r ’s

o n

o r ld

W

c o m m e n ts

S t a t is t ic s

D a y

J. Steven Landefeld, Director of
the Bureau of Economic Analy­
sis (BEA), spoke at an open
house on Capitol Hill celebrat­
ing World Statistics Day, which
was spearheaded by the United
Nations as a way to raise aware­
ness of the “many achievements
of official statistics premised on
core values of service, profes­
sionalism, and integrity” Landefeld’s remarks are available at
www.bea.gov.
D e ta ile d
a b ro a d

d ir e c t

d a ta

in v e s tm e n t

n o w

a v a ila b le

The Bureau of Economic Analy­
sis has posted two online publi­
cations that present a wide
variety of indicators about the
operations and financial struc­
ture of U.S. m ultinational com­
panies (MNCs) and their foreign
affiliates, including value added,
employment, sales, and capital
expenditures. These volumes
present preliminary statistics for
2008 and revised statistics for
2007.
Both volumes include data on
U.S. parent companies and their
foreign affiliates in considerable
detail by country and by indus­
try, including the banking in­
dustry. The 2007 annual survey
of U.S. direct investment abroad
was the first annual survey to
collect data for U.S. parents and
foreign affiliates in depository
credit intermediation (banking).
The inclusion of these parents
and affiliates closed a significant
gap that had existed in the in­




dustry coverage of the annual
surveys.
Earlier this year, BEA made
available similar online publica­
tions presenting detailed finan­
cial and operating statistics on
U.S. affiliates of foreign compa­
nies for 2007 (preliminary) and
2006 (revised).
In general, BEA’s statistics on
U.S. multinational companies
provide a comprehensive and in­
tegrated picture of MNC eco­
nomic activity and the effects of
such activity on the economies
of home and host countries.
W hen this data set began, its
scope was limited to one data
item needed to compile the bal­
ance of payments accounts— the
value of foreign commercial as­
sets controlled by U.S. compa­
nies. Since then, the scope of
these statistics has greatly ex­
panded in step with the growth
in MNCs and the increasing in­
tegration of the global economy.
BEA’s current statistics on
U.S. MNCs are among the most
diverse in the world.
These statistics can be broadly
categorized in two groups: (1)
balance-of-payments and direct
investment position statistics
and (2) more detailed financial
and operating items that few
other countries produce but that
allow a more nuanced under­
standing of the role of m ultina­
tionals in the world economy.
Each April, BEA releases ad­
vance summ ary estimates of fi­
nancial and operating data by
U.S. parent companies, by their
foreign affiliates, and by U.S. af­

filiates of foreign companies.
More detailed estimates are pro­
vided later in the year.
The volumes discussed in this
item are available online at no
charge at www.bea.gov/scb/
account_articles/international/
iidguide.htm #linkl2bilable.
For inform ation about the
2008 and 200 7 statistics, e-mail
internationalaccounts@bea.gov.
For more inform ation about
BEA’s international statistics,
visit www.bea.gov/international/
index.htm #om c.
A S A /N S F /B E A
p ro g ra m

s e e k s

f e llo w s h ip
a p p lic a n ts

The fellowship program offered
by the American Statistical Asso­
ciation (ASA), National Science
Foundation (NSF), and BEA
continues to accept applicants.
The program allows research fel­
lows to work for short stints at
BEA. Applicants should have ac­
ademically recognized research
records and expertise in their ar­
eas of proposed research. Pro­
posals will be evaluated by a
review board representing BEA,
ASA, and various academics.
Proposed research may be in any
area related to the measurement
of economic activity and may
take the form of conceptual or
methodological studies related
to the BEA economic accounts.
Fellows will conduct research at
BEA in Washington, DC, and
will be reimbursed through
ASA.
Visit www.bea.gov/research/
fellowship_program.htm
for
more information.

N ovem ber 2010

1

G D P a n d th e E c o n o m y
Advance Estimates for the Third Quarter of 2010
R

EAL GROSS domestic product (GDP) increased
.2 .0 percent in the third quarter of 2010, according
to the advance estimates of the national income and
product accounts (NIPAs) (chart 1 and table l ) .1 In the
second quarter, real GDP increased 1.7 percent.
The small acceleration in real GDP in the third
quarter primarily reflected a sharp deceleration in im ­
ports and accelerations in inventory investment and in
consumer spending that were partly offset by a down­
turn in residential fixed investment and by decelera­
tions in nonresidential fixed investment and in
exports.2
• Prices of goods and services purchased by U.S. resi­
dents increased 0.8 percent in the third quarter after
increasing 0.1 percent in the second quarter. Energy
prices turned up in the third quarter, and food prices
decelerated. Excluding food and energy, gross domes­
tic purchases prices increased 0.6 percent after
increasing 0.8 percent.
• Real disposable personal income (DPI) increased 0.5
percent in the third quarter after increasing 4.4 per­
cent in the second quarter. Current-dollar DPI
increased 1.5 percent in the third quarter after
increasing 4.4 percent in the second quarter. The
sharp deceleration in real DPI in the third quarter
reflected a deceleration in personal income, an accel­
eration in personal current taxes, and an acceleration
in the personal consumption expenditures implicit
price deflator, which is used to deflate current-dollar
DPI.
• The personal saving rate, personal saving as a per­
centage of current-dollar DPI, was 5.5 percent in the
third quarter; in the second quarter, it was 5.9 per­
cent.

Chart 1. GDP, Prices, Disposable Personal Income (DPI)
Real GDP: Percent change from the preceding quarter
6 i
S e a s o n a lly a d ju s te d a n n u a l ra te s

2006

Christopher Swann prepared this article.




2008

2009

2010

-C onsu m er s p e n d in g
N o n re s id e n tia l fix e d in v e stm e n t
R e s id e n tia l fix e d in vestm e n t
In v e n to ry in v e s tm e n t
E x p o rts

G o v e rn m e n t S p e n d in g
-1
0
Percentage points at an annual rate

1

Prices: Percent change from the preceding quarter
6

P ric e s o f g ro s s d o m e s tic p u rc h a s e s

I

2006

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,” “inventory investment” refers to “change in private invento­
ries,” and “government spending” refers to “government consumption
expenditures and gross investment.”

2007

Contributions to the percent change in real GDP in 2010:111

lillli
J____L
2007

2008

it
J____L
2009

Real DPI: Percent change from the preceding quarter

U.S. Bureauof EconomicAnalysis

J ____L
2010

2

G D P a n d th e E c o n o m y

R e a l

G D P

O

v e r v ie w

Table 1. Real Gross Domestic Product and Components
[Seasonally adjusted at annual rates]
Share of
currentdollar
GDP
(percent)

Gross dom estic p ro d u c t1 ....

Change from
preceding period
(percent)

Contribution to percent
change in real GDP
(percentage points)

2010

2009

III

IV

I

II

III

IV

I

II

III

3.7

1.7

2.0

5.0

3.7

1.7

2.0 /

2010

2009

2010

100.0

5.0

Personal consum ption
expenditures...............................

70.4

0.9

1.9

2.2

2.6

0.69

1.33

1.54

1.79'

G oods..........................................
Durable goods.........................
Nondurable goods...................
Services.......................................

23.1
7.4
15.8
47.3

1.7
-1.1
3.1
0.5

5.7
8.8
4.2
0.1

3.4
6.8
1.9
1.6

2.8 0.42
6.1 -0.07
1.3 0.49
2.5 0.27

1.29
0.62
0.67
0.03

0.79
0.49
0.31
0.75

0.64
0.44
0.20
1.15

Gross private dom estic
in vestm ent..................................
Fixed investment.........................

12.9
12.0

26.7
-1 .3

29.1
3.3

26.2
18.9

12.8 2.70
0.8 -0.12

3.04
0.39

2.88
2.06

1.54 /
0.10 /

9.8

-1.4

9.7 -0.10

0.71

1.51

Nonresidential..........................
Structures.............................
Equipment and software.....

7.8

17.2

2.6 -29.2 -17.8
7.1 14.6 20.4

-0.5
24.8
25.7

3.9 -1.01 -0.53 -0.01
12.0 0.91
1.24 1.52

-29.1

-0.32
2.64

0.91 '
0.10
>
0.80 /

0.55 - 0 .8 0 '

Residential...............................

2.2

Change in private inventories.....

0.9

Net exports of goods and
s e rv ic e s .........................................

-3.8

Exports.........................................

12.5

24.4

11.4

9.1

5.0

2.56

1.30

1.08

0.61 \

Goods.......................................

8.7

31.7

14.0

11.5

3.4

2.19

1.09

0.93

0.29

Services...................................

3.9

10.2

5.8

3.9

8.6

0.37

0.21

0.15

0.32

Imports.........................................

16.3

4.9

11.2

33.5

17.4 -0.66 -1.61 -4.58 -2.61 .

Goods.......................................

13.5

6.2

12.0

40.5

18.1 -0.68 -1.41 -4.46 -2.25 \

Services...................................
Government consum ption
expenditures and gross
in vestm ent..................................

2.8

-0.5

7.8

4.3

20.5

-1.4

-1.6

3.9

-0.8 -12.3

2.83

5.6

0.82

1.44 ^

1.90 -0.31 -3.50 -2.01

14.1

-2.5

0.4

7.4

Nondefense..............................

2.7

5.6

5.0

12.8

State and local.............................

12.1

-2.3

-3.8

0.6

0.02 -0.20 -0.12 -0.37

3.4 -0.28 -0.32

Federal..........................................
National defense.....................

-0.02

8.4

0.14

-0.2 -0.29

1. The estimates under the contribution columns are percent changes.
N o t e . Percent changes are from NIPA table 1 .1 .1 , contributions are from NIPA table
NIPA table 1 .1 .1 0 .

0.68

0.02

0.40

0.46 \

0.13

0.32

0.25 \

-0.48

1 .1 .2 , a n d

0.08 -0 .0 3 .

shares are from

Table 2. Real Gross Domestic Product (GDP) by Type of Product
[Seasonally adjusted at annual rates]
Share of
currentdollar
GDP
(percent)

Gross dom estic p ro d u c t1..............
Final sales of domestic product
Change in private inventories....
G oods.............................................
Services.........................................
Structures.......................................

Change from
preceding period
(percent)

2010

2009

III

IV

I

100.0

5.0

3.7

99.1
2.1
1.1
0.9
27.7 23.9 19.5
65.4
0.8
0.0
6.9 -15.9 -15.2

Contribution to percent
change in real GDP
(percentage points)

2010
II

2009

2010

III

IV

I

II

III

1.7

2.0

5.0

3.7

1.7

2.0

0.9

0.6

-0.8
1.9
10.6

2.19 1.09 0.90 0.572.83 2.64 0.82 1.44
3.6 5.74 4.90 -0.20 0.98
2.4 0.57 0.02 1.21 1.55
-7.2 -1.30 -1.18 0.71 -0.53

Addenda:
Motor vehicle output.........................

2.2

13.7

42.3

-2.7

21.2

0.25

0.74 -0.06

GDP excluding motor vehicle output

97.8

4.8

3.0

1.8

1.6

4.76

2.99

1.78

1.59

Final sales of computers...................

0.6

17.3

19.2

5.3

55.4

0.09

0.10

0.03

0.25-

GDP excluding final sales of
computers......................................

0.42-

99.4

5.0

3.7

1.7

1.8

4.92

3.63

1.69

1.76

1. The estimates under the contribution columns are percent changes.
Note. Percent changes are from NIPA table 1.2.1, contributions are from NIPA table 1.2.2, and shares are
calculated from NIPA table 1.2.5.




\

0.0 0.151.8 0.729.1 0.71
8.8>

8.5 -0.13
9.6

0.80

N ovem ber 2010

0.01

Consumer spending picked up somewhat in the third
quarter. Spending for services accelerated, mainly re­
flecting a pick up in housing and utilities and an up­
turn in “other” services. Spending for both non­
durable goods and durable goods slowed.
Nonresidential fixed investment decelerated, reflecting
a deceleration in equipment and software. The main
contributors to the deceleration were slowdowns in
information processing equipment and software, in
industrial equipment, and in transportation equip­
ment. In contrast, spending for structures turned up.
Residential fixed investment turned down, mainly re­
flecting downturns in “other” structures (especially in
brokers’ commissions and improvements) and in sin­
gle-family structures.
Inventory investment accelerated, mainly reflecting an
upturn in manufacturing industries. It added 1.44
percentage points to real GDP growth.
Exports slowed, reflecting a slowdown in goods ex­
ports that was partly offset by a pickup in services ex­
ports. The largest contributor to the slowdown in
goods exports was a downturn in industrial supplies
and materials. The pickup in services exports mainly
reflected a pickup in travel services.
Imports slowed, reflecting a slowdown in goods im­
ports that was partly offset by a pickup in services im­
ports. All the major components except “other”
imports contributed to the slowdown in goods im­
ports; “other” imports turned up. The pickup in ser­
vices imports was mainly due to upturns in travel and
in passenger fares.
Federal government spending slowed somewhat, re­
flecting a slowdown in nondefense spending that was
partly offset by a pickup in defense spending.
State and local government spending turned down, re­
flecting a larger decrease in consumption expendi­
tures, specifically compensation, and a slowdown in
gross investment.
Real final sales of domestic product, real GDP less in­
ventory investment, increased 0.6 percent after in­
creasing 0.9 percent.
Motor vehicle output turned up, increasing 21.2 per­
cent after decreasing 2.7 percent.
Final sales of computers accelerated sharply, increas­
ing 55.4 percent after increasing 5.3 percent.

Sur vey of C u r r e n t B usiness

N ovem ber 2010

3

P r ic e s

Table 3. Prices for Gross Domestic Purchases
[Percent change at annual rates; based on seasonally adjusted index numbers (2005=100)]
Contribution to percent
change in gross
domestic purchases prices
(percentage points)

Change from
preceding period
(percent)
2009
IV

2009

2010
I

II

III

IV

2010
I

II

2.1

0.1

III

G ross dom estic purchase s1...................

2.1

2.1

0.1

0.8

2.1

Personal consum ption expenditures........

2.7

2.1

0.0

1.0

1.82

Goods...........................................................
Durable goods.........................................
Nondurable goods...................................
Services.......................................................

2.8
0.7
3.8
2.7

2.6
-2.0
4.7
1.8

-3.6
-1.6
-4.6
1.8

1.0
-2.2
2.5
1.0

Gross private dom estic in vestm ent...........
Fixed investment.........................................

-0.7
-1.0

-2.0
-1.4

-0.7
-0.7

Nonresidential.........................................

-2.4

-1.9

0.0

Structures............................................
Equipment and software.....................

-2.1
-2.5

0.9
-3.1

2.0
-0.8

2.6 -0.07 0.02 0.05 0.07
-0.5 -0.16 -0.20 -0.05 -0.03

Residential................................................

4.3

0.6

-3.2

-0.5

0.8

1.43 -0.03

0.68-

0.61 0.57 -0.83 0.21
0.04 -0.15 -0.11 -0.16
0.56 0.72 -0.72 0.37
1.21 0.85 0.80 0.47

0.4 -0.05 -0.22 -0.09
0.2 -0.13 -0.16 -0.08

0.05
0.02

0.4 -0.23 -0.18

0.03

Change in private inventories.....................

0.10

0.00

0.03
0.09

1.5

4.6

0.9

0.4

0.30

0.89

0.17

Federal.........................................................

1.5

4.5

0.9

0.4

0.13

0.35

0.07

0.03

National defense......................................

1.6

5.3

1.2

0.4

0.09

0.28

0.06

0.02

0.04

0.01
0.10

0.01
0.06

Nondefense.............................................
State and lo cal............................................

1.5
1.5

2.8
4.6

0.2
0.9

0.3
0.5

0.18

0.07
0.54

Addenda:
Gross domestic purchases:
Food.............................................................

0.0

1.3

1.3

0.7

0.00

0.07

0.07

0.04

Energy goods and services........................

20.2

Excluding food and energy.........................

1.5

5.3

0.74

0.58 -0.73

0.20

0.8

0.6

1.32

1.45

0.59

1.8
1.6
16.4 -17.5
1.2
1.0

0.3
5.3
0.8

1.6

0.72

Personal consumption expenditures (PCE):
Food.............................................................
Energy goods and services........................
Excluding food and energy.........................

-0.1
18.0
2.1

“Market-based” P C E ...................................

2.2

1.7

-0.2

Excluding food and energy.....................

1.4

0.7

1.0

1.1

Gross domestic product..................................

-0.2

1.0

1.9

2.3

1.3

1. The estimates under the contribution columns are percent changes
N o te . Most percent changes are from NIPA table 1.6.7; percent changes for PCE for food and energy goods and
services and for PCE excluding food and energy are calculated from index numbers in NIPA table 2.3.4. Contribu­
tions are from NIPA table 1.6.8.

N o te

o n

BEA’s gross domestic purchases price index is the most
comprehensive index of prices paid by U.S. residents for all
goods and services. It is derived from the prices of personal
consumption expenditures (PCE), private investment, and
government consumption expenditures and investment.
BEA also produces price indexes for all components of
GDP. The PCE price index is a measure of the total cost of
consumer goods and services, including durable goods,
nondurable goods, and services. PCE prices for food,
energy goods and services, and for all items except food
and energy are also estimated and reported. Because prices
for food and energy can be volatile, the price measure that




Consumer prices picked up, mainly reflecting an up­
turn in prices paid for goods that was partly offset by a
deceleration in prices paid for services. The largest
contributor to the upturn in goods prices was an up­
turn in prices paid for gasoline and other energy
goods.
Prices paid for nonresidential fixed investment picked
up slightly, reflecting a pickup in prices paid for struc­
tures and a smaller decrease in prices paid for equip­
ment and software.

0.01 -0.08 -0.01

0.07 -0.06 -0.01

Government consum ption expenditures
and gross in vestm ent...............................

15.2 -17.4

Prices paid by U.S. residents, as measured by the gross
domestic purchases price index, accelerated in the
third quarter. Excluding food and energy, prices
slowed slightly, increasing 0.6 percent after increasing
0.8 percent.

Prices paid for residential fixed investment decreased
less in the third quarter than in the second quarter.
Prices paid by government decelerated somewhat, re­
flecting decelerations in prices paid by the federal gov­
ernment and by state and local governments.
The “market-based” PCE price index turned up,
mainly because of the upturn in energy prices. Exclud­
ing food and energy, the index increased about the
same as in the second quarter.
The GDP price index increased 2.3 percent, 1.5 per­
centage points more than the increase in the price in­
dex for gross domestic purchases, reflecting a decrease
in import prices relative to a slight increase in export
prices.

P r ic e s

excludes food and energy is often used as a measure of
underlying, or “core,” inflation. (The core PCE price index
includes purchased meals and beverages, such as restau­
rant meals, and pet food. See FAQ 518 on BEA’s Web site.)
BEA also prepares a supplemental PCE price index, the
“market-based” PCE price index, that is based on market
transactions for which there are corresponding price mea­
sures. This index excludes many imputed expenditures,
such as financial services furnished without payment, that
are included in PCE and the PCE price index. BEA also
prepares a market-based measure that excludes food and
energy.

4

G D P a n d th e E c o n o m y

P e r s o n a l

In c o m

Table 4. Personal Income and Its Disposition
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Level

Change from preceding period

2010

2009

III

IV

2010
I

II

III

Personal in co m e ..............................................................

12,539.5

75.0

111.3

123.5

65.7

Compensation of employees, received.......................

7,968.9

32.7

26.7

62.2

48.6

Wage and salary disbursements..............................

6,380.9

21.0

6.5

51.1

38.4

Private industries...................................................
Goods-producing industries..............................
Manufacturing................................................
Services-producing industries.........................
Trade, transportation, and utilities................
Other services-producing industries............
Government...........................................................
Supplements to wages and salaries.......................

5,196.0
1,050.2
665.0
4,145.9
1,004.2
3,141.7
1,184.8
1,588.1

21.7
-0.6
8.5
22.4
1.3
21.0
-0.7
11.7

^ .1
-13.9
-5.7
9.7
-0.2
10.1
10.6
20.2

43.5
9.4
7.4
34.1
8.8
25.2
7.6
11.1

46.6
8.6
5.0
38.1
7.4
30.7
-8.3
10.3

Proprietors’ income with IVA and CCAdj.....................

1,058.8

15.7

8.6

19.0

9.1

8.2

0.6

2.1

1 0 .9 '

Farm...........................................................................

49.8

Nonfarm.....................................................................

1,009.0

7.5

8.1

16.8

Rental income of persons with CC Adj........................

305.4

3.7

9.9

6.1

6.6

Personal income receipts on assets............................

1,898.4

-1.9

21.9

3.3

-16.0

Personal interest income...........................................

1,183.2

-7.5

2.9

-3.4

-22.1

Personal dividend income........................................

715.2

5.6

19.0

6.8

6.0

Personal current transfer receipts................................

2,309.8

28.9

57.3

40.6

23.7

Less: Contributions for government social insurance

1,001.9

4.2

13.0

7.8

6.3

Less: Personal current taxes.............................................
Equals: Disposable personal income...............................
Less: Personal outlays......................................................
Equals: Personal saving...................................................

1,159.6

0.2

17.5

2.6

22.3

11,379.9
10,748.9

74.7
82.1

93.9
98.2

120.9
59.8

631.0

-7.4

-4.2

61.0

43.4
85.2
-41.8

7.3
9.0

0.0
0.3

0.0
-0.4

7.2
0.2

0.1
-0.7

8.3

0.0

8.3

8.0

0.0

0.0
0.0
53.9
0.1
16.1
43.6

0.0
2.8

0.0
-2.8

12.6
-1.2
0.0
0.3

20.6
0.0
32.6
12.2

0.0
0.3
-11.9
0.0
0.0
-9.0

0.0
-0.3
-13.8
0.0
0.0
-4.1

8.6

0.0

8.6

0.0

0.0

2.2

0.0

0.0

2.2

0.0

-38.6
4.8

0.0
0.0

9.6
0.0

0.0
4.8

0.0
0.0

Addenda: Special factors in personal income
In government wages and salaries:
Federal pay raise.......................................................
Reservists’ pay..........................................................
In supplements to wages and salaries:
Employer contributions for social insurance............
In personal current transfer receipts:
Cost-of-living adjustments........................................
Social security retroactive payments.......................
Emergency unemployment compensation..............
One-time ARRA payments.......................................
Refundable ARRA tax credits...................................
Other ARRA-related social benefit payments.........
In contributions for government social insurance:
Increase in taxable wage base.................................
Changes in premiums for supplementary medical
insurance................................................................
In personal current taxes:
Federal tax law changes (“Making Work Pay”) .......
Refunds, settlements, and oth e r..............................
Dollar levels are from NIPA tables 2.1 and 2.2B.
IVA Inventory valuation adjustment

N ote.

-1.8




e

Personal income, which is measured in current dol­
lars, decelerated in the third quarter, increasing $65.7
billion after increasing $123.5 billion. The decelera­
tion primarily reflected a larger decrease in personal
interest income, a downturn in nonfarm proprietors’
income, and decelerations in personal current transfer
receipts and in wage and salary disbursements that
were partly offset by a pickup in farm proprietors’ in­
come.
The deceleration in wage and salary disbursements
primarily reflected monthly employment, average
weekly hours, and average hourly earnings.
The pickup in farm proprietors’ income primarily re­
flected an upturn in farm prices.
The downturn in nonfarm proprietors’ income
mainly reflected a deceleration in mining and down­
turns in finance and insurance and in real estate and
rental and leasing.
The larger decrease in personal interest income re­
flected a larger third-quarter decrease in interest rates.
The deceleration in personal current transfer receipts
primarily reflected a slowdown in government social
benefits to persons. The largest contributor to the
slowdown was “other” government social benefits,
mainly a deceleration in Medicaid expenditures.
Personal saving decreased $41.8 billion after increas­
ing $61.0 billion, reflecting a slowdown in disposable
personal income and a pickup in personal outlays.

CCAdj Capital consumption adjustment

Saving
The personal saving rate was 5.5 percent in the third quarter.
Since the first quarter of 2008—the first quarter of the
recent recession that ended in the second quarter off 2009
(as determined by the National Bureau of Economic
Research)—the saving rate has averaged 5.2 percent on a
quarterly basis, the highest rate since the third quarter of
1998. For a broader view underlying trends in the saving
rate, see “Alternative Measures of Personal Saving” in the
October 2010 S u r v e y .

N ovem ber 2010

Chart 2. Personal Saving Rate

5

Su r vey of C u r r e n t B usiness

N ovem ber 2010

S o u r c e

D a ta

f o r

th e

A d v a n c e

E s t im

a te s

Table 5. Source Data and Key Assumptions for the Advance Estimates of GDP for the Second Quarter of 2010
[Billions of dollars, seasonally adjusted at annual rates]

2010
April
Private fixed investment:
Nonresidential structures:
Value of new nonresidential construction put in place.................................................
Equipment and software:
Manufacturers’ shipments of complete aircraft...........................................................
Residential structures:
Value of new residential construction put in place:
Single family..........................................................................................................
Multifamily..............................................................................................................
Change in private inventories:
Change in inventories for nondurable manufacturing.....................................................
Change in inventories for merchant wholesale and retail industries other than motor
vehicles and equipment.............................................................................................
Net exports:2
Exports of goods:
U.S. exports of goods, international-transactions-accounts basis...............................
Excluding gold.......................................................................................................
Imports of goods:
U.S. imports of goods, international-transactions-accounts basis...............................
Excluding gold.......................................................................................................
Net exports of goods.....................................................................................................
Excluding gold..........................................................................................................
State and local government structures:
Value of new construction put in place...........................................................................
1. Assumption.
2. Nonmonetary gold is included in balance-of-payments exports and imports,

S o u rc e

D a ta

a n d

Government consumption expenditures and gross invest­
ment: federal outlays (3), state and local government con­




June

July

August

Sept.1

274.1

267.3

263.0

263.5

259.7

261.6

33.2

28.4

32.1

47.9

40.0

29.5

120.1
13.9

119.5
13.2

117.7
13.3

114.3
13.4

109.5
11.8

106.9
11.6

3.0

-55.8

-33.0

38.4

-8.9

24.0

37.6

36.9

4.2

66.1

51.6

92.2

1,249.4
1,232.6

1,285.3 1,258.7 1,291.9 1,292.4 1,275.4
1,271.6 1,245.1 1,274.7 1,267.0 1,257.4

1,882.4
1,869.6
-633.0
-637.0

1,940.9 2,005.4 1,952.9 2,000.3 1,981.9
1,929.5 1,994.4 1,942.8 1,990.8 1,972.0
-655.7 -746.7 -661.0 -707.9 -706.6
-657.9 -749.3 -668.1 -723.8 -714.6

273.9

270.8

276.7

276.0

283.5

279.7

but it is not used directly in estimating exports and imports in the national income
and product accounts.

K e y A s s u m p t io n s

While the advance estimates of many components of GDP
are based on 3 months of source data, some estimates are
based on only 2 months of data. For the following items,
the number of months for which data are available is shown
in parentheses.
Personal consumption expenditures: sales of retail stores
(3), unit auto and truck sales (3), and consumers’ shares of
auto and truck sales (2);
Nonresidential fixed investment: unit auto and truck sales
(3), construction spending (value put in place) (2), manu­
facturers’ shipments of machinery and equipment exclud­
ing aircraft (3), shipments of civilian aircraft (2), and
exports and imports of machinery and equipment (2);
Residential investment: construction spending (value put
in place) (2), single-family housing starts (3), sales of new
homes (3), and sales of existing houses (3);
Change in private inventories: trade and nondurablegoods manufacturing inventories (2), durable-goods man­
ufacturing inventories (3), and unit auto and truck invento­
ries (3);
Net exports of goods and services: exports and imports of
goods (2);

May

fo r th e

A d v a n c e

E s t im a t e s

o f G D P

struction spending (value put in place) (2), and state and
local government employment (3);
Compensation: employment, average hourly earnings, and
average weekly hours (3); and
GDP prices: consumer price indexes (3), producer price
indexes (3), and values and quantities of petroleum imports
(2 ).

Unavailable source data
When source data were unavailable, BEA made various
assumptions for September, including the following (table
5):
• An increase in nonresidential structures,
• A decrease in aircraft shipments,
• Decreases in single-family and multifamily residential
structures,
• Increases in the change in inventories of nondurablegoods manufacturing industries and of nonmotor vehicle
merchant wholesale and retail trade industries,
• A decrease in exports of goods (excluding gold) and a
larger decrease in imports of goods (excluding gold), and
• A decrease in state and local government structures.
A more comprehensive list is available on BEA’s Web site at
www.bea.gov.

N ovem ber 2010

G D P a n d th e E c o n o m y

6

S e a s o n a l

A d ju s t m

e n t

a n d

th e

P r ic e

Seasonal adjustment is undertaken to remove recurring
seasonal variations from economic time series that occur
in the same time period and with about the same magni­
tude each year. It is a statistical procedure that is used to
distinguish seasonal fluctuations from changes in trend
growth so that the remaining movements in the series
better reflect cyclical patterns in economic activity. For
example, consumer spending for electronics decreases in
January after the holiday season ends, and new home
construction increases in the spring as weather condi­
tions improve. Therefore, after seasonal adjustment, the
strength in electronics spending (or in new home con­
struction) is measured relative to whether it decreases
(or increases) from m onth to m onth or quarter to quar­
ter more or less than “normal.” If a time series is not sea­
sonally adjusted, it is often more appropriate to compare
values for the same period year over year.
Most quarterly and monthly BEA estimates are
seasonally adjusted. The quarterly (and monthly) esti­
mates in the national income and product accounts
(NIPAs) are seasonally adjusted at the detailed series
level when the series— usually current-dollar values or
prices— demonstrate statistically significant seasonal
patterns. For most data series that are seasonally adjusted
by the source agency, BEA incorporates the seasonally
adjusted series. To seasonally adjust a time series, BEA
applies factors that are derived from present and past ob­
servations of the series to the not seasonally adjusted
data.1
Revisions to the seasonal factors primarily reflect the
incorporation of newly available data, which in turn may
reflect changes in underlying economic conditions that
1. In most cases, seasonal factors for a year average to 1.00. For quarterly
data, a seasonal factor of less than 1.00 means that for the period, the season­
ally adjusted value is higher than the not seasonally adjusted value. Similarly, a
seasonal factor greater than 1.00 means that the seasonally adjusted value is
lower than the not seasonally adjusted value.




In d e x

f o r

Im

p o r ts

o f

P e tr o le u m

govern the seasonal pattern. For example, in the 2009
comprehensive revision of the NIPAs, BEA began sea­
sonally adjusting petroleum im port prices, beginning
with 1991, because prices (measured as dollars per bar­
rel) tended to be higher in the second and third quarters
than in the first and fourth quarters.2 The extreme vola­
tility in petroleum prices over the 2 0 0 8 -2 0 0 9 time period
substantially affected the estimated seasonal factors for
recent time periods. Large seasonal factors were pre­
dicted for the quarters of 2010 because the seasonal fac­
tors were most strongly influenced by the data from
those recent years even though the not seasonally ad­
justed prices in 2010 have not displayed the same m agni­
tude of volatility as in previous years.
Chart A compares the not seasonally adjusted quar­
terly price for imports of petroleum and products with
the published seasonally adjusted quarterly price. The
2. See Clinton P. McCully and Steven Payson, “Preview of 2009 Comprehen­
sive Revision of the NIPAs,” Survey of Current Business 89 (May 2009): 7.
Chart A. Imports of Petroleum and Products

N ovem ber 2010

S e a s o n a l

A d ju s t m

e n t

a n d

th e

P r ic e

not seasonally adjusted price decreased 88 percent in the
fourth quarter of 2008 and decreased 86 percent in the
first quarter of 200 9 — the largest price drops since the
crude oil price collapse of 1986. After the declines in
2008 and 2009, the not seasonally adjusted petroleum
price began to rebound in the second quarter of 2009
and continued to increase through the second quarter of
2010, not following the “norm al” seasonal pattern. As a
result, the seasonally adjusted price increased more in
the fourth quarter of 2009 and in the first quarter of 2010
than the “norm al” seasonal pattern.
For many series, BEA updates seasonal adjustment
factors during each annual revision (or comprehensive
revision). The estimated factors are derived using the
Census Bureau’s X -12 ARIMA program and data
through the end of the most recent complete year. The
X -12 ARIMA program also produces forecasted seasonal
factors into the next calendar year. For example, during
the 2010 annual revision, the seasonal factors of the price
index for imports of petroleum and products were up­
dated by applying the X -12 ARIMA program to data
through 2009, and forecasted seasonal factors were de­
rived for 2010.
Chart B compares the revised seasonal factors of the
price index for imports of petroleum and products from
the 2010 annual revision with the seasonal factors from
the 2009 comprehensive revision. As the chart shows,
updating the seasonal factors through 2009 had the most
impact on the seasonal factors for the first and third
quarters of the years shown. The revisions to the seasonal
factors reflect the tradeoff between employing a flexible
seasonal adjustment method that allows for changes in
the underlying seasonal factors and the risk that the esti­
mated seasonal factors may be overly sensitive to the vol­
atility of the series.
Many forecasters of GDP use information from the
Census Bureau’s “U.S. International Trade in Goods and
Services” on monthly real exports and imports to project




7

Survey of C ur r e n t B usiness

In d e x

f o r

Im

p o r ts

o f

P e tr o le u m

the impact of the trade data on GDP. However, caution is
needed when comparing the growth rates based on the
Census Bureau data for real imports of petroleum with
the corresponding NIPA estimates because of differences
in seasonal adjustment.3 In the NIPAs, BEA deflates im ­
ports of petroleum and products using a seasonally ad­
justed price index, while the Census Bureau uses a not
seasonally adjusted price index. In general, BEA and the
Census Bureau attempt to use consistent price indexes
where possible, and currently, the two agencies are inves­
tigating the most appropriate seasonal adjustment for
both the price index and real imports of petroleum and
products.
3. The NIPA estimates are derived from BEA’s international transactions
accounts, which include adjustments to the Census Bureau data for purchases
of fuel by U.S. ocean and air carriers in foreign ports and for purchases of fuel
abroad by the U.S. military. For more information on balance of payments
adjustments to Census trade data go to BEA’s Web site at www.bea.gov. Under
“International,” click on “Balance of Payments,” and next to “Interactive
Tables,” click on “Detailed estimates,” and then on “Table 2a. U.S. Trade in
Goods,” which presents the balance of payments adjustments at the top of the
table in section A.
Chart B. Seasonal Factors for the Price Index for Imports
of Petroleum and Products




9

November 2010

Newly Available NIPA Tables

This report concludes the publication of tables from the
2010 annual revision of the national income and product
accounts (NIPAs) with the presentation of NIPA tables
2 .9 and 7 .2 0 .
The August 2 0 1 0 S u rvey includes most of the revised
NIPA tables. It includes an article that summarizes the
results of the annual revision and describes changes in the
data and methods used to prepare the estimates. It also
includes historical estimates in the report “GDP and

Other Major NIPA Series, 1929-2010:11.”
Reports in the September and October issues contin­
ued the presentation of the revised tables. The September
issue includes tables 3.15.1-3.15.6, 3.16, 3.17, and 7.15.
Table 3.18B and tables 3.19-3.23 were published in the
October Survey.
The tables from all these reports are available on BEA’s
Web site at www.bea.gov. For access to the interactive
tables, click on “National.”

Table 7.20. Comparison of Income and Outlays of Nonprofit Institutions Serving Households
With Revenue and Expenses as Published by the Internal Revenue Service
[Billions of dollars]

Line

2006

2007

R evenue o f n o n p ro fit in s titu tio n s , IRS 1 ....................................................................................................................................................................................
Less: Nonprofit revenue recorded by the IRS not included in nonprofit institution incom e and receipts from s a le s ..................................................
Capital gains or lo sse s............................................................................................................................................................................................................
A djustm ent for different accounting p e rio d s......................................................................................................................................................................
N onresident institutions..........................................................................................................................................................................................................
G overnm ent hospitals and s c h o o ls 2 ..................................................................................................................................................................................
O ther out-of-scope activity 3..................................................................................................................................................................................................
Transfer receipts from nonprofit institutions 4...................................................................................................................................................................
Plus: Nonprofit institution incom e not recorded by the IR S ........................................................................................................................................................
Religious organizations 5 .......................................................................................................................................................................................................
O ther o rg anizations....................
O ther accounting differences 6.

1,778.5
615.7
101.9
14.8
14.4
137.9
268.2
78.5
58.5
59.2
2.4
-3 .2

1.864.2
734.7
95.8
28.6
16.8
179.8
323.5
90.3
63.6
63.6
2.7
- 2 .7

E q u a ls: IR S -d erived n o n p ro fit in s titu tio n in c o m e a nd re c e ip ts fro m s a le s ..................................................................................................................

1.221.3

1,193.0

N o n p ro fit in s titu tio n in c o m e , NIPAs 7..........................................................................................................................................................................................
Plus: Receipts from sales of goods and services by nonprofit institutions, NIPAs 8............................................................................................................

305.9
693.3

315.0
731.4

314.3
758.8

318.5
799.2

E q u a ls: B E A -d e rive d n o n p ro fit in s titu tio n in c o m e a n d re c e ip ts fro m s a le s ................................................................................................................

999.1

1,046.4

1,073.1

1,117.7

G ap, IRS le s s B E A n o n p ro fit in s titu tio n in c o m e a n d re c e ip ts fro m s a le s ............................................................................................................

222.1

146.6

E x p e n se s o f n o n p ro fit in s titu tio n s , IRS 1...................................................................................................................................................................................
Less: Nonprofit institution expenses recorded by the IRS not included in gross output of nonprofit institutions and current transfer p a ym e n ts.
A djustm ent for different accounting p e rio d s......................................................................................................................................................................
Nonresident institutions...........................................................................................................................................................................................................
G overnm ent hospitals and schools 2 ..................................................................................................................................................................................
O ther out-of-scope activity 3.....
Transfer paym ents to nonprofit institutions 4 .....................................................................................................................................................................
Capital consum ption a d ju s tm e n t9 .......................................................................................................................................................................................
Plus: Gross output of nonprofit institutions and current transfer paym ents not recorded by the IR S ..............................................................................
Religious organizations 5 .......................................................................................................................................................................................................
O ther o rg anizations..................................................................................................................................................................................................................
A djustm ent for other accounting differences 10................................................................................................................................................................

1.575.7
516.7
11.9
12.8
155.2
266.4
78.5
-8.1
51.8
57.3
2.1
-7 .6

1.669.3
602.6
30.9
15.5
155.9
319.1
90.3
-9 .0
55.8
61.7
2.3
-8 .2

E q u a ls: IR S -d e rive d g ro s s o u tp u t o f n o n p ro fit in s titu tio n s a nd c u rre n t tra n s fe r p a y m e n ts .................................................................................

1.110.8

1,122.6

G ro s s o u tp u t o f n o n p r o fit in s titu tio n s , NIPAs 11.....................................................................................................................................................................
Plus: Nonprofit institution current transfer payments, NIPAs 12..................................................................................................................................................

933.6
79.7

985.6
84.7

1,037.6
88.7

1,058.1
91.6

E q u a ls: B E A -d e rive d g ro s s o u tp u t o f n o n p ro fit in s titu tio n s a nd c u rre n t tra n s fe r p a y m e n ts ................................................................................
G ap, IRS le s s B E A g ro s s o u tp u t o f n o n p ro fit in s titu tio n s a nd c u rre n t tra n s fe r p a y m e n ts ...........................................................................

1.013.3
97.5

1.070.3
52.3

1,126.4

1,149.6

1. For 1996, includes an adjustment to account for some classes of tax-exempt institutions not
included in the IRS statistics.
2. Primarily reflects adjustment for differences between IRS and BEA in sector definitions and in
treatment of scholarships and fellowships.
3. Includes activities of nonprofit institutions serving business, unrelated sales, secondary sales, and
sales to business, government, and the rest of the world.
4. Includes grants and allocations made by nonprofit institutions that indirectly support households
through the support of other nonprofit institutions, plus their payments to affiliates.
5. Reflects partial coverage in the IRS statistics.
6. Consists of imputed interest received for depositor and insurance services, net insurance settle­
ments, and capital consumption adjustment for rental income.




2008

95.3

95.3

2009

86.f

86.!

7. Estimates of income and outlays of nonprofit institutions serving households are provided in table
2.9.
8. Equals table 2.9, line 68.
9. IRS-reported capital consumption allowance less BEA-estimated consumption of fixed capital for
structures and for equipment and software of nonprofit institutions serving households.
10. Consists primarily of financial services furnished without payment for depositor and insurance
services, less expenditures for computer software investment.
11. Equals table 2.9, line 58.
12. Equals table 2.9, line 78.
IRS Internal Revenue Service

10

Newly Available NIPA Tables

November 2010

Table 2.9. Personal Income and Its Disposition by Households and by Nonprofit Institutions Serving Households
[Billions of dollars]
Line
Personal in co m e .......................................................................................................................................................................................................
Compensation of employees, received......................................................................
Proprietors’ income with inventory valuation and capital consumption adjustments....................................................................................
Rental income of persons with capital consumption adjustment............................
Personal income receipts on assets....................................................................................................................................................................
Personal interest income.
6
Personal dividend income
Personal current transfer receipts........................................................................................................................................................................
Government social benefits to persons...........................................................................................................................................................
Other current transfer receipts, from business (net)......................................................................................................................................
Less: Contributions for government social insurance, dom estic.....................................................................................................................
Less: Personal cu rre nt taxes

2007

2006

2008

2009

12

11,268.1
7,475.7
1,133.0
146.5
1,829.7
1,127.5
702.2
1,605.0
1,583.6
21.4
921.8
1,352.4

1,438.2

1,140.0

Equals: Disposable personal in com e ..................................................................................................................................................................

13

9,915.7

10,423.6

10,952.9

11,034.9

Less: Personal o u tla y s ...........................................................................................................................................................................................
Personal consumption expenditures......................................................................................................................................................
Personal interest payments 1..................................................................................................................................................................
Personal current transfer paym ents.......................................................................................................................................................
To government......................................................................................................................................................................................
To the rest of the world (n e t)...............................................................................................................................................................

14
15
16
17
18
19

9,680.7
9,322.7
230.1
128.0
76.4
51.6

10,505.0
10,104.5
246.2
154.3
89.7
64.6

10,379.6
10,001.3
216.8
161.4
95.0
66.5

Equals: Personal s a v in g .........................................................................................................................................................................................

20

235.0

10,208.9
9,806.3
260.9
141.7
82.4
59.3
214.7

447.9

655.3

Personal saving as a percentage o f disposable personal in c o m e ......................................................................................................
Household in c o m e ...................................................................................................................................................................................................
Compensation of employees, received...............................................................................................................................................................
Proprietors’ income with inventory valuation and capital consumption adjustments....................................................................................
Rental income of households with capital consumption adjustment...............................................................................................................
Household income receipts on a ssets................................................................................................................................................................
Household interest income...............................................................................................................................................................................
Household dividend incom e.............................................................................................................................................................................
Household current transfer receipts....................................................................................................................................................................
Government social benefits..............................................................................................................................................................................
From business (n e t)..........................................................................................................................................................................................
From nonprofit institutions 2 .............................................................................................................................................................................
Less: Contributions for government social insurance, dom estic.....................................................................................................................

21

2.1
11,891.4
7,862.2
1,090.4
139.2
1,999.9
1,231.9
768.0
1,759.3
1,670.4
18.0
70.9
959.5

4.1

22
23
24
2b
26
27
28
29
30
31
32
33

2.4
11,252.4
7,475.7
1,133.0
142.7
1,778.8
1,097.2
681.7
1,644.0
1,566.0
8.8
69.2
921.8

5.9
12,161.4
7,806.7
1,011.9
267.9
1,872.3
1,190.5
681.8
2,172.9
2,077.0
23.6
72.2
970.3

Less: Household curre nt ta x e s .............................................................................................................................................................................

34

1,352.4

1,488.7

1,438.2

1,140.0

Equals: Disposable household in c o m e ..............................................................................................................................................................

35

9,900.0

10,402.8

10,939.4

11,021.4

Less: Household o u tla y s ........................................................................................................................................................................................
Household consumption expenditures...................................................................................................................................................
Purchases from business and government.......................................................................................................................................
Purchases from nonprofit institutions 3.............................................................................................................................................
Household interest payments 1...............................................................................................................................................................
Household transfer paym ents.................................................................................................................................................................
To government......................................................................................................................................................................................
To the rest of the world (n e t)...............................................................................................................................................................
To nonprofit institutions 4.....................................................................................................................................................................

36
37
38
39
40
41
42
43
44

9,650.9
9,082.3
8,389.1
693.3
230.1
338.5
75.6
41.8
221.1

10,164.1
9,552.1
8,820.7
731.4
260.9
351.1
81.5
46.4
223.2

10,438.2
9,825.7
9,066.8
758.8
246.2
366.3
89.0
48.5
228.8

10,334.2
9,742.5
8,943.3
799.2
216.8
374.9
94.3
47.8
232.8

Equals: Household s a v in g .....................................................................................................................................................................................
H ousehold saving as a percentage o f household disposable in c o m e ..............................................................................................

45

249.1

238.6

501.2

687.2

46

2.5

2.3

4.6

6.2

N onprofit in stitu tio n in c o m e .................................................................................................................................................................................
Rental income of nonprofit institutions with capital consumption adjustm ent...............................................................................................
Nonprofit institution income receipts on assets..................................................................................................................................................
Nonprofit institution interest incom e................................................................................................................................................................
Nonprofit institution dividend incom e..............................................................................................................................................................
Nonprofit institution transfer receipts...................................................................................................................................................................
From government..............................................................................................................................................................................................
From business (n e t)..........................................................................................................................................................................................
From households 4............................................................................................................................................................................................
Less: N onprofit in stitu tio n o u tla y s ......................................................................................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs)....................................................................
Gross output of nonprofit institutions 5...................................................................................................................................................
Health.....................................................................................................................................................................................................
Recreation..............................................................................................................................................................................................
Education..............................................................................................................................................................................................
Social services......................................................................................................................................................................................
Religious organizations........................................................................................................................................................................
Foundations and grantmaking and giving establishments.............................................................................................................
Social advocacy establishments........................................................................................................................................................
Civic and social organizations.............................................................................................................................................................
Professional advocacy.........................................................................................................................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3 ...................................................................................
Health.....................................................................................................................................................................................................
Recreation..............................................................................................................................................................................................
Education...............................................................................................................................................................................................
Social services......................................................................................................................................................................................
Religious organizations........................................................................................................................................................................
Foundations and grantmaking and giving establishments..............................................................................................................
Social advocacy establishments........................................................................................................................................................
Civic and social organizations.............................................................................................................................................................
Professional advocacy.........................................................................................................................................................................
Nonprofit institution current transfer payments..........................................................................................................................................
To governm ent6........................................................................................................................................................................................
To the rest of the world (n e t)...................................................................................................................................................................
To households 2 ........................................................................................................................................................................................

47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
/4
75
76
77
78
79
80
81

305.9
3.8
50.8
30.3
20.5
251.3
17.6
12.6
221.1
320.1
240.4
933.6
515.1
31.8
140.3
95.2
72.2
22.7
11.8
11.2
33.4
693.3
507.9
14.5
76.7
52.4
5.6
0.6
2.1
7.7
25.6
79.7
0.8
9.7
69.2

315.0
4.6
57.1
33.2
23.9
253.3
17.5
12.6
223.2
338.9
254.2
985.6
542.3
33.2
153.5
98.3
77.3
24.6
12.9
11.7
31.8
731.4
536.8
14.2
81.6
54.7
6.0
0.7
2.3
8.1
26.9
84.7
0.8
13.0
70.9

314.3
5.2
50.4
32.6
17.8
258.6
18.5
11.3
228.8
367.5
278.8
1,037.6
566.2
35.2
161.8
104.0
76.4
29.8
14.4
12.3
37.6
758.8
555.9
13.9
87.7
56.5
5.9
0.7
2.4
8.1
27.7
88.7
0.7
16.1
71.9

318.5
6.1
47.4
31.8
15.6
265.0
19.8
12.4
232.8
350.4
258.9
1,058.1
586.7
34.2
168.4
106.9
74.2
27.4
14.9
12.3
33.1
799.2
589.4
13.3
93.9
57.5
5.8
0.6
2.5
8.0
28.3
91.6
0.7
18.6
72.2

Equals: N onprofit in stitu tio n sa ving....................................................................................................................................................................

82

-14.2

-23.9

-53.3

-31.9

N onp ro fit in stitu tio n saving as a percentage o f non profit incom e and receipts from sa le s.........................................................

83

-1 .4

-2.3

-5 .0

-2 .9

Addenda:
Nonprofit institution income included in personal income 7..............................................................................................................................
Transfer payments between nonprofit institutions 8...........................................................................................................................................
Nonprofit institution income and receipts from sales.........................................................................................................................................

84
85
86

84.8
78.5
999.1

91.8
90.3
1,046.4

85.4
95.3
1,073.1

85.7
86.8
1,117.7

1. Consists of nonmortgage interest paid by households.
2. Includes benefits paid to members, specific assistance to individuals, and grants and allocations.
3. Excludes unrelated sales, secondary sales, and sales to business, government, and the rest of
the world; includes membership dues and fees.
4. Includes individual contributions and bequests from households.
5. Gross output is net of unrelated sales, secondary sales, and sales to business, government, and
the rest of the world; excludes own-account investment (construction and software).




1
2
3
4
fa
7
8
9
10
11

11,912.3
7,862.2
1,090.4
143.7
2,057.0
1,265.1
791.9
1,718.5
1,687.9
30.5
959.5
1,488.7

12,391.1
8,065.8
1,102.0
222.0
2,109.3
1,314.7
794.6
1,879.2
1,842.6
36.7
987.2

12,377.6
8,065.8
1,102.0
216.9
2,058.9
1,282.1
776.7
1,921.3
1,824.1
25.4
71.9
987.2

12,174.9
7,806.7
1,011.9
274.0
1,919.7
1,222.3
697.4
2,132.8
2,096.8
36.0
970.3

6. Consists of excise taxes paid by nonprofit institutions serving households.
7. Consists of rental income of nonprofit institutions (line 48), income receipts on assets (line 49),
transfer receipts from government (line 53), and transfer receipts from business (line 54).
8. Includes grants and allocations made by nonprofit institutions that indirectly support households
through the support of other nonprofit institutions, plus their payments to affiliates.
N o te . Estimates in this table exclude nonprofit institutions serving business and government.

11

November 2010

U p d a te d S u m m a r y o f N IP A M e th o d o lo g ie s
The Bureau of Economic Analysis (BEA) has recently
improved its estimates of current-dollar gross domestic
product (GDP), current-dollar gross domestic income
(GDI), and real GDP as part of the 2010 annual revision
of the national income and product accounts (NIPAs).1
The sources of data and the methodologies that are now
used to prepare the NIPA estimates are summarized in
this report.2
Current-dollar estimates of GDP and GDI

are not included.3
Source data

The source data include a variety of economic measures,
such as sales or receipts, wages and salaries, unit sales,
housing stock, insurance premiums, expenses, interest
rates, mortgage debt, and tax collections.
For most components, the estimates are derived from
source data that are “value data”: they encompass both
the quantity data and the price data required to prepare
current-dollar estimates. For these components, the value
data are adjusted to derive estimates that are consistent
with NIPA definitions and coverage.
For the estimates that are not derived from value data,
the sources of the quantity and price data that are used to
prepare value estimates are indicated, and the major
adjustments that are needed to derive estimates that are
consistent with NIPA definitions and coverage are speci­
fied.
For the current-dollar estimates of GDP, a “physical
quantity times price” method is used for several compo­
nents. For example, the estimate of expenditures on new
autos is calculated as unit sales times expenditure per
auto (the average transactions price that reflects all dis­
counts and customer rebates).
For the current-dollar estimates of GDI, two methods
are used for several components—an “employment times
earnings times hours” method and variations of a “stock
of assets/liabilities times an effective interest rate”
method.
Some quarterly (or monthly) estimates are derived
using source data as indicators to interpolate or extrapo­
late annual estimates. In other cases, extrapolation and
interpolation may be based on trends; in those cases, the
use of “judgmental trend” is indicated.

The major components and subcomponents of GDP and
GDI are listed in table 1. In column 1 of the table, the
name of the component is shown along with the currentdollar estimates of that component for 2009. In column
2, information about the sources of data and the methods
that are used to prepare the estimates for the comprehen­
sive benchmark revisions and for the annual revisions in
nonbenchmark years are also presented, and the major
differences between the data and the methods used in
benchmark revisions and those used in the annual revi­
sions are noted. For example, for “Furnishings and dura­
ble household equipment” in personal consumption
expenditures (PCE) (the second item in table 1), the table
indicates that one methodology (commodity flow) is
used to prepare estimates for benchmark years, and
another methodology (retail control) is used to prepare
the estimates for all the other years.
In column 3, information about the current quarterly
estimates is presented. For most components, informa­
tion about the advance quarterly estimates, which are
prepared about a month after the end of the quarter,
are provided because more attention tends to be focused
on this “first look” at GDP for a quarter. Major source
data that become available for the second or third quar­
terly estimates for some NIPA components are also
noted. Only the source data and methods are listed; the
number of months of available source data and whether Estimation methods
or not the source data will be revised by the source agency In some cases, BEA also uses four methods to estimate
values: the commodity-flow method, the retail-control
method, the perpetual-inventory method, and the fiscal
year analysis method.
The commodity-flow method involves estimating val­
ues based on various measures of output. For example,
the estimates of PCE for “Furnishings and durable house­
hold equipment” in benchmark years are based on data
on manufacturers’ shipments from the Census Bureau,
and BEA adjusts the data for imports and exports. In
general, this method is used to derive estimates of various
1. T h e c o n c e p t s a n d m e t h o d o lo g ie s t h a t u n d e r l i e t h e N I P A s a re s u b je c t t o

p e r io d ic

i m p r o v e m e n t s as p a r t o f t h e

c o m p r e h e n s iv e

a n d a n n u a l N IP A

r e v is io n s , a n d th e s e i m p r o v e m e n t s a re d e s c r ib e d i n a s e rie s o f a r t ic le s i n t h e
Su r v e y

of

C u r r e n t B u sin es s ; f o r a l i s t o f t h e s e a r t ic le s , see a p p e n d ix B a t t h e

b a c k o f t h i s is s u e . S ee a ls o E u g e n e P. S e s k in a n d S h e lly S m it h , “ A n n u a l R e v i­
s io n o f t h e N a t i o n a l I n c o m e a n d P r o d u c t A c c o u n t s , ” S u r v e y 9 0 ( A u g u s t
2 0 1 0 ): 6 -2 5 .

2 . F o r d e s c r ip t io n s o f t h e f u n d a m e n t a l c o n c e p t s , d e f i n i t i o n s , c la s s if ic a ­

t io n s , a n d a c c o u n t in g f r a m e w o r k t h a t u n d e r lie t h e N I P A s a n d o f t h e g e n ­
e ra l s o u rc e s

and

m e th o d s

th a t

a re

used

to

p re p a re

th e

e s tim a te s ,

see

C o n c e p ts a n d M e t h o d s o f th e U .S . N a t i o n a l I n c o m e a n d P r o d u c t A c c o u n ts ,

in t r o d u c t o r y c h a p te rs
tu re s ,”

1 - 4 , “ C h a p t e r 5: P e r s o n a l C o n s u m p t i o n

E x p e n d i­

“ C h a p t e r 6 : P r iv a t e F ix e d I n v e s t m e n t , ” a n d “ C h a p t e r 7 : C h a n g e i n

P r iv a t e I n v e n t o r i e s ” a v a ila b le o n B E A ’s W e b s it e a t w w w . b e a . g o v / m e t h o d o l
o g ie s / in d e x . h t m .




3.

F o r s p e c if ic i n f o r m a t i o n o n k e y m o n t h l y s o u r c e d a t a i n c o r p o r a t e d in

t h e c u r r e n t q u a r t e r l y e s tim a te s , see “ G D P a n d t h e E c o n o m y ” i n t h e S u r v e y .

12

Summary of NIPA Methodologies

components of PCE, equipment and software invest­
ment, and of the commodity detail for state and local
government consumption expenditures and gross invest­
ment.4 An abbreviated form of this method is used to
prepare estimates of equipment and software in non­
benchmark years, and an even more abbreviated form is
used to prepare the current quarterly estimates of equip­
ment and software.
The retail-control method uses retail sales data, usu­
ally compiled by the Census Bureau, to estimate expen­
ditures.5 It is used to prepare estimates of many
subcomponents of PCE for durable and nondurable
goods in nonbenchmark years. This method ensures that
the growth rate for these subcomponents is the same rate
as the “retail control” group, a measure based on the total
sales of most kinds of businesses selling goods and food
services from the Census Bureau’s monthly and annual
retail trade and food services surveys.
The perpetual-inventory method is used to derive
estimates of fixed capital stock, which are used to esti­
mate consumption of fixed capital. This method is based
on investment flows and a geometric depreciation for­
mula.6
The fiscal year analysis method is used to estimate
annual and quarterly estimates of consumption expendi­
tures and gross investment by the federal government.
The estimates of expenditures are calculated by program,
that is, by activity for a single line item or for a group of
line items in the Budget of the U.S. Government. For most
programs, BEA adjusts budget outlays so that they con­
form to NIPA concepts and definitions and classifies the
expenditures in the appropriate NIPA category—such as
current transfer payments or interest payments—with
nondefense consumption expenditures and gross invest­
ment determined residually. When a fiscal year analysis is
completed, the detailed array of NIPA expenditures by
program and by type of expenditure provides a set of
control totals for the quarterly estimates.7
International transactions accounts

November 2010

As noted in table 1, for some NIPA components, the ITA
estimates are adjusted to conform to NIPA concepts and
definitions. For the annual estimates of these adjustments
and their definitions, see NIPA table 4.3B in the August
2010
(page 119); for the summary quarterly esti­
mates, see the reconciliation table in appendix A in the
(page D-90).
Reconciliation tables. In preparing the annual esti­
mates of several components of GDI, BEA adjusts the
source data to conform to NIPA concepts and coverage.
For each subcomponent, an annual NIPA table reconciles
the value published by the source agency with the NIPA
value published by BEA, and the adjustments are listed.
Reconciliation tables for the following subcomponents
were published in “National Income and Product
Accounts Tables” in the August 2010
consump­
tion of fixed capital in table 7.13; nonfarm proprietors’
income in table 7.14; corporate profits in table 7.16; net
monetary interest in table 7.17; and wages and salaries in
table 7.18.
S u rv e y

S u rv e y

S u rv e y :

Estimates of real GDP

Estimates of real GDP (GDP adjusted for price changes)
are derived in one of three ways: the deflation method,
the quantity extrapolation method, and the direct valua­
tion method.9 These methods and the source data that
are used are listed in table 2.
The deflation method is used for most components of
GDP. A quantity index is derived by dividing the currentdollar index by an appropriate price index that has the
base year—currently 2005—equal to 100. The result is
then multiplied by 100.
The quantity extrapolation method uses quantity
indexes that are obtained by using a quantity indicator to
extrapolate from the base-year value of 100.
The direct valuation method uses quantity indexes
that are obtained by multiplying the base-year price by
actual quantity data for the index period. The result is
then expressed as an index with the base year equal to
100.

The subcomponents in table 2 are the same as those
The source data for the foreign transactions that are
reflected in most NIPA components—such as net exports shown in table 1, but the details differ to highlight the
of goods and services, net income receipts, and rest-of- alternative methodologies that are used to calculate the
the-world corporate profits—are from the international real estimates.10
transactions accounts (ITAs) that are prepared by BEA.8
4.

For

a d d it io n a l

in f o r m a t io n

“ C h a p te r 4: E s tim a tin g

M e th o d s ,”

on
in

th e

c o m m o d ity - flo w

m e th o d ,

C o n c e p ts a n d M e t h o d s o f th e

see
U .S .

N a t i o n a l I n c o m e a n d P r o d u c t A c c o u n ts ( O c t o b e r 2 0 0 9 ) : 4 - 8 — 4 - 9 .

9 . F o r a d d i t i o n a l i n f o r m a t i o n , see “ E s t i m a t i n g M e t h o d s , ” 4 - 1 2 .

5 . F o r a d d i t i o n a l i n f o r m a t i o n , see “ E s t i m a t i n g M e t h o d s , ” 4 - 9 , a n d F A Q
5 1 9 “ W h a t is t h e r e t a i l c o n t r o l m e t h o d ? ” a t fa q . b e a .g o v .

1 0 . F o r r e a l e s tim a te s ,

th e

d is tin c tio n

b e tw e e n

annual and

q u a r t e r ly

m e t h o d o lo g ie s is le s s i m p o r t a n t t h a n i t is f o r t h e c u r r e n t - d o l l a r e s tim a te s .

6 . F o r a d d i t i o n a l i n f o r m a t i o n , see “ E s t i m a t i n g M e t h o d s , ” 4 - 1 1 .

F o r t h e r e la t iv e l y f e w ca ses i n w h i c h t h e a n n u a l a n d q u a r t e r l y s o u r c e d a t a

7 . F o r d e t a ils , see t h e m e t h o d o l o g y p a p e r G o v e r n m e n t T r a n s a c t io n s a t

d if f e r , t h e m a j o r d if f e r e n c e s a re n o t e d .

w w w . b e a . g o v / m e t h o d o lo g ie s / i n d e x . h t m .
8 . S ee
S o u rc e s ,

T h e B a la n c e
and

o f P a y m e n t s o f th e

E s tim a tin g

P ro c e d u r e s

under

w w w . b e a . g o v / m e t h o d o lo g ie s / i n d e x . h t m .

U n it e d

S ta te s :

C o n c e p ts ,

“ In te r n a tio n a l

Im p ro v e m e n ts

in

D a ta

A c c o u n ts ”

at

m e t h o d o lo g y

a re u s u a lly i n t r o d u c e d as p a r t o f a n n u a l I T A r e v is io n , s e e n m o s t r e c e n t ly i n
H e le n Y . B a i a n d M a i - C h i H o a n g , “ A n n u a l R e v is io n o f t h e U .S . I n t e r n a ­
t i o n a l A c c o u n t s ” S u r v e y 9 0 ( J u ly 2 0 1 0 ) : 3 6 - 5 0 .




Tables 1 and 2 follow.

November

2010

S u r v e y o f C u r r e n t B u s in e s s

13

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues

Component

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator

Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1

G ross do m e stic p ro d u ct o f $14,119.0 b illio n fo r 2009

Personal consumption expenditures ($10,001.3 billion)
Goods ($3,230.7 billion)
Durable goods ($1,026.5 billion)

Motor vehicles and parts Benchmark years. For new motor vehicles, physical quantity
($319.7 billion)
purchased times average retail price: unit sales, information to
allocate sales among consumers and other purchasers, and average
transactions prices that reflect all discounts and customer rebates, all
from trade sources. Sales tax rate from Census Bureau annual retail
trade survey (ARTS). For net transactions, residual based on net
sales by other sectors. For dealers’ margins, retail sales from Census
Bureau quinquennial census and margin rates from Census Bureau
annual survey of retail trade. For motor vehicle parts and
accessories, commodity-flow method, starting with manufacturers’
shipments from Census Bureau quinquennial census, including an
adjustment for exports and imports from Census Bureau foreign
trade data.
Other years except the most recent year. For new motor vehicles,
same as the benchmark years. For net transactions, change in
consumer stock of motor vehicles from trade sources. For dealers’
margins, for franchised dealers, unit sales and sales prices from
trade sources times margin rates for independent dealers from
Census Bureau ARTS. For motor vehicle parts and accessories,
retail-control method, using retail sales from Census Bureau ARTS.
Most recent year. For dealers’ margins, for franchised dealers, unit
sales and sales prices from trade sources. For independent dealers,
sales from Census Bureau monthly survey of retail trade. For motor
vehicles parts and accessories, retail-control method, using retail
sales from Census Bureau monthly survey of retail trade.
Furnishings and durable Benchmark years. Commodity-flow method, starting with
household equipment
manufacturers’ shipments from Census Bureau quinquennial census,
($248.1 billion)
including an adjustment for exports and imports from Census Bureau
foreign trade data.
Other years except the most recent year. Retail-control method, using
retail sales from Census Bureau ARTS.
Most recent year. Retail-control method, using Census Bureau
monthly survey of retail trade.
Recreational goods and Benchmark years. Commodity-flow method, starting with
vehicles ($317.5 billion) manufacturers’ shipments from Census Bureau quinquennial census,
including an adjustment for exports and imports from Census Bureau
foreign trade data.
Other years except the most recent year. Retail-control method, using
retail sales from Census Bureau ARTS.
Most recent year. Retail-control method, using Census Bureau
monthly survey of retail trade.
Other durable goods
Benchmark years. Commodity-flow method, starting with
($141.1 billion)
manufacturers’ shipments from Census Bureau quinquennial census,
including an adjustment for exports and imports from Census Bureau
foreign trade data.
Other years except the most recent year. Retail-control method, using
retail sales from Census Bureau ARTS.
Most recent year. Retail-control method, using Census Bureau
monthly survey of retail trade.

For new motor vehicles, same
as the annual estimates for
other years. For net trans­
actions, extrapolated by retail
sales of used vehicle dealers
from Census Bureau monthly
survey of retail trade. For
dealers’ margins, same as the
annual estimates for the most
recent year and judgmental
trend. For motor vehicle parts
and accessories, same as the
annual estimates for the most
recent year.

Same as the annual estimates
for the most recent year.

Same as the annual estimates
for the most recent year.

Same as the annual estimates
for the most recent year.

Nondurable goods ($2,204.2 billion)

Food and beverages
Benchmark years. Commodity-flow method, starting with
Same as the annual estimates
purchased for offmanufacturers’ shipments from Census Bureau quinquennial census, for the most recent year.
premises consumption
including an adjustment for exports and imports from Census Bureau
($777.9 billion)
foreign trade data.
Other years except the most recent year. Retail-control method, using
retail sales from Census Bureau ARTS.
Most recent year. Retail-control method, using Census Bureau
monthly survey of retail trade.
See the footnotes at the end of the table.




Summary of NIPA Methodologies

14

November 2010

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator
Clothing and footwear
Benchmark years. For standard clothing issued to military personnel,
data from OMB’s Budget of the United States. For all others,
($322.2 billion)
commodity-flow method, starting with manufacturers’ shipments from
Census Bureau quinquennial census, including an adjustment for
exports and imports from Census Bureau foreign trade data.
Other years except the most recent year. For standard clothing issued
to military personnel, same as for benchmark years. For all others,
retail-control method, using retail sales from Census Bureau ARTS.
Most recent year. For standard clothing issued to military personnel,
same as for benchmark years. For all others, retail-control method,
using Census Bureau monthly survey of retail trade.
Benchmark years. For motor vehicle fuels, lubricants, and fluids,
Gasoline and other
physical quantity purchased times average retail price: gallons
energy goods
consumed from the Department of Transportation; information to
($303.7 billion)
allocate total gallons among consumers and other purchasers from
federal agencies and trade sources; average retail price from the
Energy Information Administration (EIA). For fuel oil and other fuels,
commodity-flow method, starting with manufacturers’ shipments from
Census Bureau quinquennial census, including an adjustment for
exports and imports from Census Bureau foreign trade data.
Other years except the most recent year. For motor vehicle fuels,
lubricants, and fluids, same as for benchmark years. For fuel oil and
other fuels, retail-control method, using Census Bureau ARTS.
Most recent year. For motor vehicle fuels, lubricants, and fluids,
physical quantity purchased times average retail price: gallons
consumed and average price from EIA. For fuel oil and other fuels,
retail-control method, using Census Bureau monthly survey of retail
trade.
Other nondurable goods Benchmark years. For prescription drugs, Census Bureau
quinquennial product-line data on retail sales for prescription drugs.
($800.4 billion)
For expenditures abroad by U.S. residents (net), BEA international
transactions accounts. For all others, commodity-flow method,
starting with manufacturers’ shipments from Census Bureau
quinquennial census, including an adjustment for exports and
imports from Census Bureau foreign trade data.
Other years except the most recent year. For prescription drugs, value
of sales to pharmacies from a trade source. For tobacco, quantity
shipped times consumer price: quantity shipments data from the U.S.
Department of Treasury, Alcohol and Tobacco Tax and Trade Bureau
times the CPI for tobacco and smoking products from BLS. For
expenditures abroad by U.S. residents (net), same as for benchmark
years. For all others, retail-control method, using retail sales from
Census Bureau ARTS.
Most recent year. For prescription drugs, for tobacco, and for
expenditures abroad by U.S. residents (net), same as other years.
For all others, retail-control method, using Census Bureau monthly
survey of retail trade.
Component

See the footnotes at the end of the table.




Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1
Same as the annual estimates
for the most recent year.

Same as the annual estimates
for the most recent year.

For expenditures abroad by
U.S. residents (net), same as
for benchmark years. For all
others, same as the annual
estimates for the most recent
year.

November 2010

15

S u r v e y o f C u r r e n t B u s in e s s

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues
Component

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator

Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1

Services ($6,770.6 billion)
Household consumption expenditures (for services) ($6,511.8 billion)
Housing and utilities Benchmark years. For rental value of nonfarm dwellings, data on For housing, unit stock adjusted using
($1,876.3 billion)
housing stock and average annual rent from Census Bureau
Census Bureau data on housing
decennial census of housing and survey of residential finance, completions and judgmental trend. For
adjusted for utilities included in rent. For rental value of farm
average rent, BLS CPI for rent. For
dwellings, USDA data on gross rental value of farm dwellings. garbage and trash collection, advance
For electricity and natural gas, variation of commodity-flow
and second estimates: judgmental
method, using annual residential revenue from EIA. For all
trend; third estimate: receipts from
others, commodity-flow method, starting with receipts from
Census Bureau quarterly services
Census Bureau quinquennial census and annual surveys of
survey. For electricity and gas, EIAdata
state and local governments, adjusted to a calendar year basis on kilowatt-hour sales and on cents per
from a fiscal year basis.
kilowatt hour of electricity to residential
Other years except the most recent year. For rental value of
customers and on cubic-feet sales and
nonfarm dwellings, data from Census Bureau biennial
cents per cubic feet of gas to residential
American housing survey or data on the number of housing
customers, both adjusted from a billing
units from Census Bureau monthly current population survey
to a usage basis. For all others,
and BLS CPI for rent. For rental value of farm dwellings and for judgmental trend.
electricity and gas, same as for benchmark years.
Most recent year. For electricity and gas, residential revenue
from EIA. For all others, same as for other years.
Health care
Benchmark years. Commodity-flow method, starting with
For government hospitals, judgmental
($1,623.2 billion)
receipts from Census Bureau quinquennial census and census trend. For all others, advance and
of governments.
second estimates: wages and salaries
Other years. Receipts from Census Bureau service annual
derived from BLS monthly employment
survey, annual surveys of state and local governments,
times earnings times hours and
adjusted to a calendar year basis from a fiscal year basis and judgmental trend; third estimate:
judgmental trend.
receipts from Census Bureau quarterly
services survey.
Transportation
Benchmark years. For air transportation, commodity-flow
For motor vehicle maintenance and
method, starting with passenger revenue data from the Bureau repair and for motor vehicle rentals,
services
($290.1 billion)
of Transportation Statistics. For all others, commodity-flow
advance and second estimates:
method, starting with receipts from Census Bureau
judgmental trend; third estimate:
quinquennial census, BLS consumer expenditure survey, and receipts from Census Bureau quarterly
trade sources.
services survey. For all others, trade
Other years. For air transportation, same as benchmark years.
sources and judgmental trend.
For all others, receipts from Census Bureau service annual
survey, ARTS, trade sources, and judgmental trend.
Recreation services Benchmark years. Commodity-flow method, starting with
For membership clubs, sports centers,
($378.8 billion)
receipts from Census Bureau quinquennial census, census of parks, theaters and museums (except
governments, and trade sources.
motion picture theaters), for cable
Other years. Receipts from Census Bureau service annual
television, for repair of audio-visual
survey, annual surveys of state and local governments,
equipment, for pari-mutuel net receipts,
adjusted to a calendar year basis from a fiscal year basis,
and for package tours, advance and
ARTS, and judgmental trend.
second estimates: wages and salaries
derived from BLS monthly employment
times earnings times hours, trade
source, and judgmental trend; third
estimate: receipts from Census Bureau
quarterly services survey. For motion
picture theaters, trade sources. For
casino gambling, advance and second
estimates: various state gaming control
commissions’ data; third estimates:
receipts from Census Bureau quarterly
services survey and various state
gaming control commissions’ data. For
all others, wages and salaries derived
from BLS monthly employment times
earnings times hours and judgmental
trend.

See the footnotes at the end of the table.




16

Summary of NIPA Methodologies

November 2010

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues
Component

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator

Food services and
accommodations
($603.6 billion)

Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1

Benchmark years. Commodity-flow method, starting with receipts For food services, retail-control method
from Census Bureau quinquennial census, Census of
using monthly retail sales from Census
Governments, and federal government agency data.
Bureau monthly survey of retail trade. For
Other years. Receipts from Census Bureau ARTS, annual
all others, trade source and judgmental
surveys of state and local governments, adjusted to a calendar trend.
year basis from a fiscal year basis, trade sources, and
judgmental trend.
Financial services Benchmark years. For insurance services, trade sources. For all For financial service charges and fees and
and insurance
others, commodity-flow method, starting with receipts from
for trust, fiduciary, and custody activities,
($813.8 billion)
Census Bureau quinquennial census, and data from federal
advance and second estimates:
and state government administrative agencies and from trade
judgmental trend; third estimate: Federal
sources.
Deposit Insurance Corporation Call
Other years. For insurance services, same as benchmark years Report data. For financial services
and judgmental trend. For all others, Census Bureau service
furnished without payment, advance and
annual survey, federal and state government administrative
second estimates: judgmental trend; third
data, and trade sources.
estimate: FRB tabulations of Call Report
data. For all others, wages and salaries
derived from BLS monthly employment
times earnings times hours, trade
sources, and judgmental trend.
Benchmark years. For net foreign travel, estimated as part of the For telephone services, for other delivery
Other services
($925.9 billion)
international transactions accounts; see the entry “Exports and services, for internet service providers,
imports of services” under “Net exports of goods and services.” for day care and nursery school, for legal
For all others, commodity-flow method, starting with receipts
services, for nonprofit professional
from Census Bureau quinquennial census, Census of
associations services, for funeral
Governments, and trade sources.
services, for personal care and clothing
Other years. For net foreign travel, same as benchmark years.
services, for child care, for individual and
For all others, receipts from Census Bureau service annual
family services, for vocational
survey, trade sources, annual survey of state and local
rehabilitation services, for community
government finances, and judgmental trend.
food and housing/emergency/other relief
services, for social advocacy and civic
and social organizations, and for
household maintenance, advance and
second estimates: wages and salaries
derived from BLS monthly employment
times earnings times hours, and
judgmental trend; third estimate: receipts
from Census Bureau quarterly services
survey. For net foreign travel, same as
benchmark years. For all others, wages
and salaries derived from BLS monthly
employment times earnings times hours,
trade sources, and judgmental trend.
Final consumption
Benchmark years. For gross output of nonprofit institutions,
For gross output of health services, for
expenditures of
operating expenses from Census Bureau quinquennial census recreation services, for nonprofit day care
and nursery schools, for nonprofit child
nonprofit institutions for tax-exempt and religious organizations and trade source.
serving households Other years. For gross output of nonprofit institutions, operating care providers, for nonprofit individual
($258.9 billion)
expenses from Census Bureau annual survey for tax-exempt
and family services, for nonprofit
organizations, trade sources, and judgmental trend.
vocational rehabilitation services, for
nonprofit community food and housing
services, for foundations and grant
making, for social advocacy
organizations, for civic and social
organizations, for professional
associations, and for “All other similar
organizations,” advance and second
estimates: wages and salaries derived
from BLS monthly employment times
earnings times hours and judgmental
trend; third estimate: operating expenses
from Census Bureau quarterly services
survey. For all others, wages and salaries
derived from BLS monthly employment
times earnings times hours and
judgmental trend.
See the footnotes at the end of the table.




November 2010

17

S u r v e y o f C u r r e n t B u s in e s s

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues
Component

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator

Fixed investment ($1,716.4 billion)
Nonresidential structures ($451.6 billion)
Commercial and health
Benchmark years. BEA’s benchmark input-output accounts.
care ($128.1 billion)
Other years. Construction spending (value put in place) from Census
Bureau monthly construction survey.
Manufacturing
Construction spending (value put in place) from Census Bureau
($63.1 billion)
monthly construction survey.
Power and communication Construction spending (value put in place) from Census Bureau
monthly construction survey.
($91.6 billion)
Mining exploration, shafts, Benchmark years. Expenditures from Census Bureau quinquennial
census.
and wells
($85.0 billion)
Other years except the most recent year. For petroleum and natural
gas, physical quantity times average price: footage drilled and cost
per foot from trade sources. For other mining, expenditures from
Census Bureau annual capital expenditures survey.
Most recent year. For petroleum and natural gas, physical quantity
times average price: footage drilled from trade sources, cost per foot
extrapolated by BLS producer price indexes for oil and gas well
drilling and for oilfield services. For mining, BEA data on private
investment in mining equipment.
Other structures
Benchmark years. BEA’s benchmark input-output accounts.
($83.8 billion)
Other years. Construction spending (value put in place) from Census
Bureau monthly construction survey.
Nonresidential equipment and software ($912.8 billion)
Equipment except new
Benchmark years. Commodity-flow method, starting with
autos, new light trucks,
manufacturers’ shipments from Census Bureau quinquennial census,
and net purchases of
including an adjustment for exports and imports from Census Bureau
used autos and used light foreign trade data.
trucks ($626.1 billion)
Other years except the most recent year. For aircraft, manufacturers’
shipments from Census Bureau current industrial report, including an
adjustment for exports and imports from Census Bureau foreign
trade data. For computers, manufacturers’ shipments from Census
Bureau monthly survey of manufacturers and FRB industrial
production index, adjusted for exports and imports. For heavy trucks,
physical quantity purchased times average price: unit sales and
information to allocate sales among business and other purchasers,
from trade sources. For truck trailers, shipments from trade source.
For all others, abbreviated commodity-flow method, starting with
manufacturers’ shipments from Census Bureau annual survey,
adjusted for exports and imports.
Most recent year. For aircraft, for computers, and for heavy trucks,
same as for other years. For all others, abbreviated commodity-flow
method, starting with manufacturers’ shipments from Census Bureau
monthly survey of manufactures, adjusted for exports and imports.
New autos, new light
See the entry “Motor vehicles and parts” under “Personal consumption
trucks, and net purchases expenditures.”
of used autos and used
light trucks ($26.4 billion)
Software ($260.2 billion)
Benchmark years. For purchased software, commodity-flow method,
starting with industry receipts from Census Bureau quinquennial
census, including an adjustment for exports and imports from
Census Bureau foreign trade data. For own-account software,
production costs based on BLS occupational employment data and
on Census Bureau quinquennial census.
Other years. For purchased software, commodity-flow method, starting
with industry receipts from Census Bureau service annual survey,
including an adjustment for exports and imports from Census Bureau
foreign trade data. For own-account software, production costs based
on BLS occupational employment data.

See the footnotes at the end of the table.




Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1

Same as the annual estimates
for other years.
Same as the annual estimates.
Same as the annual estimates.
Same as the annual estimates
for the most recent year.

Same as the annual estimates
for other years.
Same as the annual estimates
for the most recent year but
with less detail.

See the entry under “Personal
consumption expenditures.”
For purchased software, ad­
vance and second estimates:
receipts fromcompany reports
to the Securities and
Exchange Commission; third
estimate: receipts from
Census Bureau quarterly
services survey. For ownaccount software, BLS
monthly current employment
statistics for select industries.

Summary of NIPA Methodologies

18

November 2010

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues
Component

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator

Residential investment ($352.1 billion)
Permanent-site new single­ Construction spending (value put in place) based on phased housing
starts and average construction cost from Census Bureau monthly
family structures
construction survey.
($105.3 billion)
Permanent-site new multi­ Construction spending (value put in place) from Census Bureau
monthly construction survey.
family structures
($28.2 billion)
Benchmark years. See the entry “Equipment except new autos, new
Manufactured homes
light trucks, and net purchases of used autos and used light trucks”
($3.5 billion)
under “Nonresidential equipment and software.”
Other years. Physical quantity shipped times price: shipments from
trade source and average retail price from Census Bureau monthly
survey.
Benchmark years. Construction spending (value put in place) from
Improvements
Census Bureau construction survey.
($149.3 billion)
Others years. A weighted 3-year moving average of the improvements
estimates from Census Bureau construction spending (value put in
place) survey.

Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1

Same as the annual estimates.
Same as the annual estimates.
Same as the annual estimates
for other years.

Retail sales of building ma­
terials and garden supply
stores from Census Bureau
monthly survey of retail trade
and earnings data from BLS
monthly current employment
statistics.
Same as the annual estimates.

Physical quantity times price times BEA estimate of average
commission rate: number of single-family houses sold and mean
sales price from Census Bureau monthly construction survey and
trade source.
See the entry “Furnishings and durable household equipment” under Same as the annual estimates.
Equipment ($8.9 billion)
“Personal consumption expenditures.”
Change in private inventories (-$127.2 billion)
For crops, BEA quarterly
USDA change in inventories adjusted to exclude Commodity Credit
Farm ($3.8 billion)
allocation of USDA annual
Corporation (CCC) forfeitures and to include net CCC loans at
projections of crop output and
market value.
cash receipts. For livestock,
USDA quarterly data.
Same as the annual estimate
Manufacturing and trade Benchmark years. Inventories from Census Bureau quinquennial
for the most recent year.
census and annual surveys revalued to current replacement cost,
(-$120.3 billion)
with information on the proportions of inventories reported using
different accounting methods, on the commodity composition of
goods held in inventory, and on the turnover period, all from Census
Bureau quinquennial census and annual surveys, combined with
prices, largely based on BLS producer price indexes. (The difference
between Census Bureau change in inventories and BEA change in
private inventories is the inventory valuation adjustment.)
Other years except the most recent year. Inventories from Census
Bureau annual surveys, revalued as described above.
Most recent year. For retail auto dealers, quantities times average
prices from trade sources. For all others, inventories from Census
Bureau monthly surveys, revalued as described above.
Mining, utilities, construc­ Benchmark years. Mining and construction inventories from Census For mining, advance estimate:
Bureau quinquennial census, publishing inventories from the Census judgmental trend; second and
tion, and other nonfarm
Bureau service annual survey, revalued to current replacement cost third estimates: same as the
industries
annual estimate for most
as described above for “Manufacturing and trade.”
(-$10.8 billion)
recent year. For electric
Other years except the most recent year. For publishing inventories,
same as the annual estimates for benchmark years; IRS tabulations utilities, same as the annual
estimate for the most recent
of business tax returns, revalued as described above.
Most recent year. For mining, Census Bureau quarterly financial report year. For all others,
judgmental trend.
of mining corporations, revalued as described above. For electric
utilities, monthly physical quantities from EIA combined with BLS
producer price indexes. For all others, judgmental trend.
Brokers’ commissions
($58.6 billion)

See the footnotes at the end of the table.




November 2010

19

S u r v e y o f C u r r e n t B u s in e s s

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues
Component

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator

Net exports of goods and services (-$386.4 billion)
Exports and imports of
Estimated as part of the international transactions accounts: export
goods, net (-$524.7 billion) and import documents compiled monthly by the Census Bureau with
adjustments by BEAfor coverage and valuation to convert the data to
a balance-of-payments basis. Balance-of-payments transactions
adjusted for coverage of U.S. territories and Puerto Rico using data
from the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and
the Census Bureau, and for coverage of gold transactions using data
from the U.S. Geological Survey and trade sources.
Exports and imports of
Estimated as part of the international transactions accounts: for
services, net
government transactions, reports by federal agencies on their
($138.3 billion)
purchases and sales abroad. For most others in this group (including
travel, passenger fares, other transportation, and royalties and
license fees), BEA quarterly or annual surveys (supplemented with
data from other sources). Transactions adjusted for the balance-ofpayments coverage of U.S. territories and Puerto Rico (see the
above entry), and to include financial services furnished without
payment (see the entry “Banks, credit agencies, and investment
companies” under “Net interest and miscellaneous payments”).
Government consumption expenditures and gross investment ($2,914.9 billion)
Federal government ($1,139.6 billion)
National defense except
Within a control total established by fiscal year analysis: for
consumption of general
compensation, military wages from OMB’s Budget of the United
States, civilian wages from BLS tabulations from the quarterly
government fixed capital
($685.4 billion)
census of employment and wages (QCEW), civilian benefits from the
Office of Personnel Management (OPM), and employer contributions
for federal employee retirement plans from outlays from the Monthly
Treasury Statement; for other than compensation by type, based
mainly on data from Department of Defense (DOD) reports; for
software, see the entry under “Nonresidential equipment and
software.”
National defense
Perpetual-inventory method, based on gross investment estimates and
consumption of general
on investment prices.
government fixed capital
($86.2 billion)
Nondefense except
Within a control total established by fiscal year analysis: for CCC
consumption of general
inventory change, book values of acquisitions and physical quantities
government fixed capital of dispositions from agency reports times average market prices from
($336.5 billion)
USDA; for compensation, civilian wages from BLS tabulations from
the QCEW, civilian benefits from OPM, and employer contributions
for federal employee retirement plans from outlays from the Monthly
Treasury Statement; for petroleum sales, distribution and price data
from the Department of Energy; for research and development,
obligations fromthe National Science Foundation and disbursements
from the National Aeronautics and Space Administration; for
construction, construction spending (value put in place) from Census
Bureau monthly construction survey; for software, see the entry
under “Nonresidential equipment and software;” for all others, outlays
from the Monthly Treasury Statement. For financial services
furnished without payment, see the entry “Banks, credit agencies,
and investment companies” under “Net interest and miscellaneous
payments.”
Nondefense consumption Perpetual-inventory method, based on gross investment estimates and
of general government
on investment prices.
fixed capital
($31.5 billion)

See the footnotes at the end of the table.




Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1

For territorial adjustment,
Census Bureau foreign trade
data and judgmental trend.
For gold, judgmental trend.
For all others, same as the
annual estimates.
For territorial adjustment,
judgmental trend. For all
others, same as the annual
estimates.

For components of compen­
sation, military employment
from DOD and civilian
employment from BLS. For
other than compensation,
same as the annual estimates.
For software, see the entry
under “Nonresidential
equipment and software.”
Same as the annual estimates.
For components of compen­
sation, employment from BLS.
For software, see the entry
under “Nonresidential
equipment and software.” For
all others and software, same
as the annual estimates.

Same as the annual estimates.

Summary of NIPA Methodologies

20

November 2010

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues
Component

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator

State and local government ($1,775.3 billion)
Consumption expenditures All years except the 3 most recent years. Total expenditures from
Census Bureau Census of Governments and annual surveys of state
and gross investment
except those items listed and local governments, selectively replaced with source data that are
more appropriate for the NIPAs and adjusted for coverage, for netting
below ($241.8 billion)
and grossing differences, to a calendar year basis from a fiscal year
basis, for other timing differences, to exclude items not directly
included in GDP (interest, subsidies, net expenditures of government
enterprises, and transfer payments), and to exclude items described
below.
The 3 most recent years. Judgmental trend.
Compensation of general For wages and salaries, BLS tabulations from the QCEW. For
employer contributions for government social insurance, tabulations
government employees
from the Social Security Administration and other agencies
($1,053.9 billion)
administering social insurance programs. For employer contributions
for employee pension and insurance funds, data from trade sources,
CMS, Census Bureau annual surveys of state and local government
retirement funds, adjusted to a calendar year basis from a fiscal year
basis, Census Bureau annual surveys of state and local
governments, adjusted to a calendar year basis from a fiscal year
basis, and judgmental trend.
Perpetual-inventory method based on gross investment estimates and
Consumption of general
government fixed capital on investment prices.
($154.6 billion)
Structures ($288.5 billion) Construction spending (value put in place) from Census Bureau
monthly construction survey, benchmarked to quinquennial Census
of Governments and annual surveys of state and local governments.
Software ($12.8 billion)
Brokerage charges and
financial services
furnished without
payment ($23.7 billion)

See the entry “Software” under “Nonresidential equipment and
software.”
See the entry “Financial services and insurance” under “Personal
consumption expenditures.”

Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1

Judgmental trend.

For wages and salaries, derived
from BLS monthly employ­
ment times earnings from BLS
employment cost index. For
other compensation,
judgmental trend.

Same as the annual estimates.
Construction spending (value
put in place) from Census
Bureau monthly construction
surveys.
Same as the annual estimates.
Same as the annual estimates.

Gross domestic income of $13,939.9 billion for 2009
Compensation of employees, paid ($7,819.5 billion)
Wage and salary accruals ($6,286.9 billion).

For most industries, wages and
For most industries, BLS tabulations from the QCEW. For others,
wages from a variety of sources (such as USDA for farms and the
salaries derived from BLS
monthly employment times
Railroad Retirement Board for railroad transportation), adjusted for
earnings times hours. For
understatement of income on tax returns and for coverage
others, judgmental trend.
differences.
For civilians, wages from BLS tabulations from the QCEW. For military For civilians, employment from
Federal government
BLS and judgmental trend.
personnel, wages from OMB’s Budget of the United States.
($311.0 billion)
For military personnel, DOD
employment and judgmental
trend.
Derived from BLS employment
State and local government BLS tabulations from the QCEWadjusted for coverage differences.
times earnings from BLS
($862.6 billion)
employment cost index.
Private industries
($5,113.4 billion)

Employer contributions for employee pension and insurance funds ($1,072.0 billion)

All years except the most recent year. For private and for state and
Judgmental trend.
local governments, employer contributions from CMS.
Most recent year. For private, CMS tabulations. For state and local
governments, judgmental trend.
Private pension and profit- All years except the 2 most recent years. Tabulations from Department Judgmental trend.
of Labor.
sharing funds
Two most recent years. Tabulations from Pension Benefit Guaranty
($234.7 billion)
Corporation and corporate financial data.

Group health insurance
($558.9 billion)

See the footnotes at the end of the table.




November 2010

21

S u r v e y o f C u r r e n t B u s in e s s

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues

Component
Government employee
retirement plans
($217.3 billion)

Workers’ compensation
($48.8 billion)
Group life insurance
($10.7 billion)
Employer contributions for
government social
insurance ($460.6 billion)

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator
All years except the most recent year. For federal plans, outlays from
the Monthly Treasury Statement. For state and local government
plans, Census Bureau annual surveys of state and local government
retirement funds, adjusted to a calendar year basis from a fiscal year
basis.
Most recent year. For federal plans, same as all years except the most
recent. For state and local government plans, Census Bureau annual
surveys of state retirement funds, adjusted to a calendar year basis
from a fiscal year basis.
All years except the most recent year. Employer contributions from
trade sources.
Most recent year. Judgmental trend.
All years except the most recent year. Group premiums and estimates
of employer share from trade sources.
Most recent year. Judgmental trend.
Tabulations fromthe Social Security Administration and other agencies
administering social insurance programs.

Taxes on production and imports ($1,024.7 billion)
Federal government
For excise taxes, collections from the Alcohol and Tobacco Tax and
($94.4 billion)
Trade Bureau and from the IRS. For customs duties, receipts from
the Monthly Treasury Statement.

State and local government Receipts from Census Bureau quinquennial census and annual
($930.3 billion)
surveys, adjusted to a calendar year basis from a fiscal year basis.
Less: Subsidies ($60.3 billion)
Federal government ($58.9 For agricultural subsidy payments, data from USDA reports. For all
billion)
others, data from OMB’s Budget of the United States.
State and local government For railroad and electric power, Census Bureau annual surveys of
($1.4 billion)
expenditures adjusted to a calendar year basis from a fiscal year
basis and California administrative records.
Net operating surplus ($3,294.9 billion)
Private enterprises ($3,308.1 billion)
Net interest and miscellaneous payments ($982.5 billion)4
Domestic monetary
All years except the most recent year. For farm interest paid, USDA
interest, net
surveys. For residential mortgage interest paid, Census Bureau
($443.9 billion)
decennial survey of residential finance and mortgage debt from FRB
times a BEA interest rate. For most other interest paid and received
by business, IRS tabulations of business tax returns, adjusted for
misreporting on tax returns and for conceptual differences.
Most recent year. For farm and mortgage interest paid, same as all
years except the most recent. For other interest, interest receipts and
payments from regulatory agencies (such as the Federal Deposit
Insurance Corporation), from trade sources, or derived by applying
BEA interest rates to interest-bearing assets/liabilities from FRB flow
of funds accounts.

See the footnotes at the end of the table.




Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1
For federal plans, same as the
annual estimates for the most
recent year. For state and
local government plans,
judgmental trend.

Judgmental trend.
Judgmental trend.
For federal programs, BEAderived wages and salaries of
employees covered by the
programs. For state and local
programs, judgmental trend.
For customs duties, receipts
from the Monthly Treasury
Statement. For most excise
taxes, derived from indicators
of activity (such as gasoline
production for gasoline tax).
For others, judgmental trend.
Judgmental trend.
USDA reports and judgmental
trend.
Judgmental trend and California
administrative records.

Derived by combining estimates
of (1) interest received by
persons, (2) government
interest paid less received,
and (3) interest paid by
persons. For (1), judgmental
trend. For (2), data from the
Monthly Treasury Statement

and the Bureau of the Public
Debt for federal and
judgmental trend for state and
local; and for (3), for margin
interest, advance estimate:
judgmental trend; second or
third estimate: data from
regulatory agencies. For other
than margin interest,
consumer debt from FRB
times BEA estimates of
interest rates.

22

Summary of NIPA Methodologies

November 2010

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues
Component

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator

Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1

Domestic imputed interest, net ($519.3 billion)
Banks, credit agencies, and investment companies ($261.7 billion)
Depositor services
All years. For commercial banks, FRB tabulations of Federal Financial For commercial banks, advance
Examination Council Call Reports used to calculate the interest rate estimate: judgmental trend; for
($220.0 billion)
spread between a risk-free reference rate and the average interest
second or third estimates:
rate paid to depositors times the average balance of deposits.
same as annual estimates.
For investment companies,
Depositor services allocated to persons, to government, and to the
rest of the world on the basis of deposit liabilities from FRB. For credit advance estimate: judgmental
agencies and investment companies, property income earned on
trend; for second and third
investment of deposits less monetary interest paid to depositors (and estimates: mutual fund data
for mutual depositories, profits from IRS tabulations of business tax from a trade source. For all
returns) from annual reports of regulatory agencies and FRB.
others, judgmental trend.
Depositor services allocated to persons, to government, and to the
rest of the world on the basis of deposit liabilities from FRB.
Borrower services
All years. For commercial banks, data from FRB tabulations of Federal For advance estimate,
($41.7 billion)
Financial Examination Council Call Reports used to calculate the
judgmental trend. For second
interest rate spread between the average rate paid by borrowers and or third estimates, same as
the reference rate times the average balance of borrowers.
annual estimates for
commercial banks.
Judgmental trend.
Life insurance carriers All years. Property income earned on investment of policyholders’
reserves from trade source.
($253.7 billion)
Judgmental trend.
Property and casualty All years. Expected investment income derived using premiums
insurance companies earned and investment gains from trade source.
($3.9 billion)
Business current transfer payments (net) ($134.0 billion)
To persons (net)
All years except the most recent year. For payments to persons for
Same as the annual estimates
($36.0 billion)
charitable contributions, IRS tabulations of business tax returns. For for the most recent year.
other components (such as liability payments for personal injury and
net insurance settlements), information from government agency
reports and trade sources.
Most recent year. Judgmental trend.
For federal, receipts from OMB’s Budget of the United States. For state Judgmental trend.
To government (net)
and local, receipts from Census Bureau quinquennial Census of
($98.5 billion)
Governments and from annual surveys, adjusted to a calendar year
basis from a fiscal year basis and net insurance settlements, as
described above.
Same as the annual estimates.
To the rest of the world Estimated as part of the international transactions accounts.
(net) (-$0.6 billion)
Proprietors’ income with inventory valuation adjustment and capital consumption adjustment ($1,011.9 billion)
Farm proprietors’ income USDA data on net income, obtained by deriving gross income (cash For crops, BEA quarterly
with inventory valuation receipts from marketing, inventory change, government payments,
allocation of USDA annual
other cash income, and nonmoney income) and subtracting
adjustment
projections of crop output. For
livestock, USDA quarterly
($36.8 billion)
production expenses, adjusted to exclude corporate income based
on USDA quinquennial census and annual survey data.
projections of cash receipts
and inventories. For both
crops and livestock, quarterly
allocation of USDA annual
projections of government
subsidy payments and
production expenses.
Farmcapital consumption See the entry “Less: capital consumption adjustment” under
See the entry under
adjustment
“Consumption of fixed capital.”
“Consumption of fixed capital.”
(-$6.3 billion)

See the footnotes at the end of the table.




November 2010

23

S u r v e y o f C u r r e n t B u s in e s s

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Continues

Annual estimates:
Source data and methods used to determine level for benchmark
and other years or used to prepare an extrapolator or interpolator
Nonfarm proprietors’
All years except the most recent year. Income from IRS tabulations of
income ($837.2 billion) business tax returns, adjusted for understatement of income on tax
returns and for conceptual differences.
Most recent year. For construction, trade, and services, indicators of
activity such as construction spending (value put in place). For others,
judgmental trend.
Inventory valuation
See the entry “Inventory valuation adjustment” under “Corporate profits.”
adjustment
($0.2 billion)
Capital consumption
See the entry “Less: capital consumption adjustment” under
adjustment
“Consumption of fixed capital.”
($144.0 billion)
Rental income of persons with capital consumption adjustment ($274.0 billion)
Owner-occupied
Benchmark years. Derived as imputed rental of nonfarm housing (see
nonfarm housing
the entry “Housing and utilities” under “Personal consumption
($165.9 billion)
expenditures”) less related expenses, including property insurance
from a trade source and mortgage interest and property taxes from
Census Bureau decennial survey of residential finance.
Other years. Same as benchmark years, except for mortgage interest,
mortgage debt from FRB times a BEA interest rate, and property taxes
from Census Bureau annual surveys of state and local tax collections.
Component

Tenant-occupied
nonfarm housing
($69.7 billion)

Benchmark years. Derived as actual value of housing less related
expenses (see preceding entry).
Other years. Same as benchmark years except for mortgage interest,
mortgage debt from FRB times a BEA interest rate, and property taxes
from Census Bureau annual surveys of state and local tax collections.
Owner-occupied farm Benchmark years. Derived as imputed rental of farm housing (see the
housing ($4.0 billion)
entry “Housing and utilities” under “Personal consumption
expenditures”) less related expenses, such as mortgage interest and
property taxes, from USDA data. For farms owned by nonoperator
iandlords, derived from USDA data.
Other years. Imputed rental of farm housing (see the entry “Housing and
utilities” under “Personal consumption expenditures”); expenses from
USDA data.
Tenant-occupied farm Benchmark years. For farm housing owned by farm operator landlords,
housing ($6.5 billion)
imputed rental of farm housing (see the entry “Housing and utilities”
under “Personal consumption expenditures”) less related expenses,
such as mortgage interest and property taxes, from USDA data. For
farms owned by nonoperator landlords, from USDA data.
Other years. For farm housing owned by farm operator landlords,
derived as imputed rental of farm housing; expenses from USDA data.
For farms owned by nonoperator landlords, from USDA data.
Nonfarm nonresidential Benchmark years. Nonfarm nonresidential fixed assets from BEA capital
properties ($0.0 billion) stock series times a rate of return on capital based on IRS tabulations
of business tax returns.
Other years. BEA capital stock series and judgmental trend.
Royalties ($27.9 billion) All years except the most recent year. IRS tabulations of royalties
reported on individual income tax returns.
Most recent year. Judgmental trend.
Corporate profits with inventory valuation adjustment and capital consumption
Domestic profits before All years except the most recent year. Receipts less deductions from
tax ($964.4 billion)
IRS tabulations of business tax returns, adjusted for understatement of
income on tax returns and for conceptual differences.
Most recent year. Profits from Census Bureau Quarterly Financial
Report, regulatory agency reports, and compilations of publicly
available corporate financial statements.

See the footnotes at the end of the table.




Current quarterly estimates:
Source data and methods used
to prepare an extrapolator1
Same as the annual estimates
for the most recent year.

See the entry under “Corporate
profits.”
See the entry under
“Consumption of fixed capital.”
For imputed rental of owneroccupied housing, same as
the annual estimates. For
depreciation, interest, closing
costs, real estate dealers’
commissions, and taxes, NIPA
estimates of those
components. For other
expenses, judgmental trend.
Same as owner-occupied
nonfarm housing.

Judgmental trend.

Judgmental trend.
Same as the annual estimates
for the most recent year.
adjustment ($905.7 billion)
For some industries in
transportation and in finance,
judgmental trend. For others,
same as the annual estimates
for the most recent year.
(Preliminary profits estimate
is released with the second
estimate of GDP for the first,
second, and third quarters
and with the third estimate of
GDP for the fourth quarter.)

Summary of NIPA Methodologies

24

November 2010

Table 1. Source Data and Methods for Current-Dollar GDP and Current-Dollar GDI—Table Ends

Component
Inventory valuation
adjustment (IVA)
($11.9 billion)

Current quarterly estimates:
Annual estimates:
Source data and methods used to determine level for benchmark Source data and methods used
and other years or used to prepare an extrapolator or interpolator
to prepare an extrapolator1
The IVA on the income side (for corporations and for nonfarm sole
Same as the annual estimates.
proprietorships and partnerships) and the IVA on the product side
(see the entry “Change in private inventories”) differ because the
source data reflect different proportions of inventories reported using
different accounting methods (such as last-in-first out (LIFO)). The
income-side IVA is based on the product-side IVA, adjusted by the
relationship between non-LlFO inventories from IRS tabulations of
business tax returns and non-LlFO inventories from the Census
Bureau.
See the entry “Less: Capital consumption adjustment” under
See the entry under consump­
consumption of fixed capital.
tion of fixed capital.

Capital consumption
adjustment
(-$70.6 billion)
Current surplus of government enterprises (-$13.2 billion)
Federal government
Mainly reports of various agencies, such as the Postal Service, and
(-$4.2 billion)
consumption of fixed capital (CFC) estimates derived with perpetual
inventory calculations at current cost, based on gross investment
estimates and on investment prices.
State and local government For current operating receipts, mainly revenue data from Census
(-$9.0 billion)
Bureau annual surveys of state and local governments, adjusted to a
calendar year basis from a fiscal year basis. For current operating
expenditures, see the entries “Consumption expenditures and gross
investment” and “Consumption of general government fixed capital”
under state and local government.
Consumption of fixed capital ($1,861.1 billion)
Government ($325.3 billion)
Perpetual-inventory method, based on gross investment estimates and
General government
on investment prices.
($272.3 billion)
Government enterprises Perpetual-inventory method, based on gross investment estimates and
on investment prices.
($53.0 billion)
Private ($1,535.8 billion)
Perpetual-inventory method, based on gross investment estimates and
Domestic business
on investment prices.
($1,245.2 billion)
All years except the most recent year. For depreciation of corporations
Capital consumption
and of nonfarm sole proprietorships and partnerships, IRS
allowances
tabulations of business tax returns, adjusted for conceptual
($1,297.2 billion)
differences. For other depreciation (including farm proprietorships
and partnerships and other private business), perpetual inventory
calculations based on investment at acquisition cost.
Most recent year. For depreciation of corporations and of nonfarm sole
proprietorships and partnerships, BEA estimates of tax-return-based
depreciation. For other depreciation, same as above.
Less: Capital consump­ The difference between capital consumption allowances and
tion adjustment
consumption of fixed capital.
($52.0 billion)
Perpetual-inventory method, based on gross investment estimates and
Households and
on investment prices.
institutions
($290.6 billion)

For CFC estimates, same as
the annual estimates. For all
others, judgmental trend.
Judgmental trend.

Same as the annual estimates.
Same as the annual estimates.
Same as the annual estimates.
Perpetual inventory calculations
based on investment at
acquisition cost.

Same as the annual estimates.
Same as the annual estimates.

BEA

Bureau of Economic Analysis

0M B

Office of M anagem ent and Budget

BLS

Bureau of Labor Statistics

USDA

U.S. Departm ent of Agriculture

CMS

Centers for M edicare and Medicaid Services

1. For m ost com ponents, inform ation about the advance quarterly estim ates is provided. In addition,

CPI

C onsum er price index

major source data that becom e available during the second or third quarterly estim ates for particular

EIA

Energy Inform ation A dm inistration

NIPA com ponents are also noted.

FRB

Federal Reserve Board

IRS

Internal Revenue Service

GDP

G ross dom estic product

NIPA

National incom e and product account

NOAA

National O ceanic and A tm ospheric A dm inistration




2. Residential investm ent includes - $ 1 .7 billion for dorm itories and net purchases of used structures.
3. Employer contributions for em ployee pension and insurance funds includes $1.7 billion for supple­
mental unemployment.
4. Net interest and m iscellaneous paym ents in cludes $19.3 billion for governm ent rents and royalties.

November 2010

25

S u r v e y o f C u r r e n t B u s in e s s

Table 2. Methodology Used in Preparing Estimates of Real GDP—Continues

Deflation, using price based on
CPI or PPI
Other index

Component

Personal consumption expenditures
Goods
Durable goods
Motor vehicles and parts
CPI

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

CPI
CPI
CPI
CPI
PPI, for standard
clothing issued to
military personnel.
CPI

Other nondurable goods

Health care

Transportation services
Recreation services
Food services and
accommodations
Financial services and
insurance

See the footnotes at the end of the table.




Direct valuation. Unit sales from
trade sources with dealers’
margins from Census Bureau and
trade sources, for used auto and
used light truck dealers’ margins.

CPI

CPI

Services
Household consumption
expenditures (for services)
Housing and utilities

Using quantity for
extrapolation or direct valuation

CPI
CPI
PPI, for physicians
offices, hospitals,
proprietary and
government nursing
homes, home health
care services,
medical care
laboratories, and
diagnostic imaging
centers.
CPI
PPI, for domestic
scheduled air
passenger revenue.
CPI
CPI
CPI
PPI, for brokerage
services, dealer
transactions, and
workers’
compensation.

BEA installation support services
price index, for expenditures
abroad by U.S. residents.

Quantity extrapolation. Chaineddollar net stock of farm housing
from BEA capital stock estimates.

BEA composite index of prices, for Quantity extrapolation. BLS index of
total output (less BEA estimates
financial services furnished
without payment by other financial of real bank service charges)
institutions,1health insurance, life times consumer share based on
insurance, and portfolio
deposits and loans, for banks.
management services.
BEA transactions derived from
volume data from a trade source,
for investment companies’
charges. BLS banking output
index, for trust, fiduciary, and
custody activities.

Summary of NIPA Methodologies

26

November 2010

Table 2. Methodology Used in Preparing Estimates of Real GDP—Continues

Deflation, using price based on
Other index
CPI or PPI
BEA composite index of prices, for
CPI
Other services
PPI, for employment
social assistance services, labor
agency services and organization dues, and for net
foreign travel.
international
scheduled passenger BLS import price index for
revenue.
passenger fares for foreign travel.
BEA composite index of input prices
Final consumption expenditures
for gross output of nonprofit
of nonprofit institutions serving
categories.
households
Component

Fixed investment
Nonresidential structures
Commercial and health care

Manufacturing
Power and communication

PPI, for office
buildings,
warehouses, and
mobile structures.
PPI, for industrial
buildings.
PPI, for steel pipes
and tubes.

Mining exploration, shafts, and
wells

PPI, for oil and gas
well drilling, and oil
and gas field
services.

Other structures

PPI, for brokers’
commissions and
new school
construction.

BEA index based on cost index
from trade source and on Census
Bureau price index for single­
family houses under construction,
for health care and certain
commercial structures.
Cost indexes from trade sources
and government agencies, for
power; cost index from trade
source, for communication.
BEA index based on cost index
Quantity extrapolation. Footage by
from trade source and on Census geographic area from trade
source, for drilling.
Bureau price index for single­
family houses under construction,
for mines.
BEA index, for railroads; BEA index
based on cost index from trade
source and on Census Bureau
price index for single-family
houses under construction, for
other components.

Nonresidential equipment and software
PPI, for most domestic BLS import price indexes, for
Equipment except those listed
below
components and for imported components except
transportation equipment.
imported
transportation
equipment.
New autos, new light trucks, and CPI, for new autos
net purchases of used autos
and new light trucks,
and used light trucks
Telephone and telegraph
installation
Telephone switching equipment

BEA cost index.

FRB price index for telephone
switching equipment.
FRB price index for data networking
Data communications equipment
equipment.
FRB price index for wireless
Wireless communications
networking equipment.
equipment
FRB price index for carrier line
Carrier line equipment
equipment.
BEA price index.
Photocopying equipment
PPI, for prepackaged BEA cost index, BLS employment
Software
cost index, and PPI, for ownsoftware.
account and custom software.
See the footnotes at the end of the table.




Using quantity for
extrapolation or direct valuation

Direct valuation. For used autos
and used light trucks, see the
entry “Motor vehicles and parts”
under “Personal consumption
expenditures.”

November 2010

27

S u r v e y o f C u r r e n t B u s in e s s

Table 2. Methodology Used in Preparing Estimates of Real GDP--Continues
Deflation, using price based on
CPI or PPI
Other index

Component
Residential investment
Permanent-site new single-family
structures

Census Bureau price index for
single-family houses under
construction.
BEA price index.

Permanent-site new multifamily
structures
Manufactured homes
Improvements

PPI

Brokers’ commissions
Equipment

PPI
CPI

Change in private inventories
Farm
Nonfarm
Purchased goods of all industries PPI

Work-in-process and finished
goods, manufacturing

PPI

Net exports of goods and services
Exports and imports of goods
PPI for gold, semi­
conductor exports,
selected
transportation
equipment, and
selected imports of
refined petroleum.
Exports and imports of services

See the footnotes at the end of the table.




Using quantity for
extrapolation or direct valuation

BEA composite index of input
prices, for major replacements;
BEA index based on Census
Bureau price index for single­
family houses under construction
and BEA index for major
replacements, for additions and
alterations.

USDA average market prices.
Composite price from the Energy Direct valuation. Quantities and
Information Administration (EIA),
prices of stocks of coal,
for crude petroleum; BLS import
petroleum, and natural gas from
price indexes, for imported goods EIA, for utilities.
purchased by trade industries.
BEA indexes of unit labor costs.

BLS export and import price
indexes; FRB price index, for
various communications
equipment; unit-value indexes
based on Census Bureau values
and quantities, for electric energy
exports and imports and for
petroleum imports.
CPI, for travel receipts, Selected deflators, for military
Quantity extrapolation. BLS index of
medical receipts, and transfers and defense
total bank output (less BEA
nonresident
expenditures: see “National
estimates of real bank service
students’
defense except consumption of
charges), for exports of financial
expenditures.
general government fixed capital” services furnished without
PPI, for selected other below. BLS export and import
payment;1premiums deflated by
transportation.
price indexes, for passenger fares; PPI, for exports and imports of
BEA composite index of foreign
insurance.
CPIs,2for travel payments, for
miscellaneous services, and for
U.S. students’ expenditures
abroad; BLS export and import
price indexes, for selected other
transportation; BEA price indexes,
CPI, PPI, and implicit price
deflator for final sales to domestic
purchasers, for royalties and fees,
and for other private services.

Summary of NIPA Methodologies

28

November 2010

Table 2. Methodology Used in Preparing Estimates of Real GDP—Continues

Deflation, using price based on
Other index
CPI or PPI

Using quantity for
extrapolation or direct valuation

Government consumption expenditures and gross investment
Federal government
BEA indexes based on DOD prices Quantity extrapolation. Full-time
PPI, for selected
National defense except
goods and services. paid, for some goods and services equivalent employment by rank
consumption of general
and length of service, for military
and for most military structures;
government fixed capital
CPI and PPI, for
BLS employment cost indexes, for compensation; full-time equivalent
utilities and
some services; cost indexes from employment by grade, adjusted
communications.
for change from base year in
trade sources and government
agencies, for nonmilitary
hours worked, for civilian
structures; BEA index derived
compensation.
from nondefense compensation, Direct valuation. Quantities and
prices from DOD reports, for
for own-account software; BEA
index derived from nondefense
some goods and services and a
compensation price index and
few military structures; quantities
PPI, for custom software.
from DOE, for electricity and
natural gas.
Direct valuation. Perpetual
National defense consumption of
inventory calculations based on
general government fixed capital
gross investment.
Quantity extrapolation. Full-time
Nondefense except consumption PPI, for most goods Cost indexes from trade sources
and government agencies, for
equivalent employment by grade,
and selected
of general government fixed
structures; BLS employment cost adjusted for change from base
services.
capital
indexes, for some services; BEA year in hours worked, for
CPI, for rent, utilities,
compensation; BLS index of total
and communications. index derived from nondefense
compensation, for own-account
bank output (less BEA estimates
software; BEA index derived from of real bank service charges), for
financial services furnished
nondefense compensation price
without payment.1
index and PPI, for custom
Direct valuation. Quantities by crop
software.
from agency reports and USDA
prices, for net purchases of
agricultural commodities by the
Commodity Credit Corporation;
DOE quantities and prices, for
selected petroleum transactions.
Direct valuation. Perpetual
Nondefense consumption of
inventory calculations based on
general government fixed capital
gross investment.
State and local government
BEA indexes based on federal
Consumption expenditures and CPI, for services.
nondefense prices paid, for
gross investment except those PPI, for electricity,
transportation, books, and postal
hospitals, most
listed below
services; BEA composite indexes
professional
services, and goods. of input prices, for elementary and
secondary education, welfare, and
libraries; BEA composite price
index for state and local
construction, for maintenance and
repair services.
Quantity extrapolation. Full-time
Compensation of general
equivalent employment by
government employees
education and experience,
adjusted for change from base
year in hours worked, for
employees in education; full-time
equivalent employment, adjusted
for change from base year in
hours worked, for other
employees.

See the footnotes at the end of the table.




November

2010

29

S u r v e y o f C u r r e n t B u s in e s s

Table 2. Methodology Used in Preparing Estimates of Real GDP—Table Ends
Component

Deflation, using price based on
CPI or PPI
Other index

Consumption of general
government fixed capital
Structures
Software
Brokerage charges and financial
services furnished without
payment
BEA
BLS
CPI
DOD
DOE
DOT
FRB

Bureau of Economic Analysis
Bureau of Labor Statistics
Consumer price index
Department of Defense
Department of Energy
Department of Transportation
Federal Reserve Board




Using quantity for
extrapolation or direct valuation
Direct valuation. Perpetual
inventory calculations based on
gross investment.

Cost indexes from trade sources
and government agencies.
See the entry “Software” under
“Nonresidential equipment and
software.”
Quantity extrapolation. See the
entry “Financial services and
insurance” under “Personal
consumption expenditures.”
GDP Gross domestic product
PPI
Producer price index
USDA U.S. Department of Agriculture
1. Also referred to as “services furnished without payment by financial intermediaries, except life
insurance carriers.”
2. The foreign CPIs are adjusted for differences in exchange rates.

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November 2010

31

U .S . T r a v e l a n d T o u r i s m

S a te llite A c c o u n ts fo r 2 0 0 4 -2 0 0 9

By Steven L Zemanek and Stanislaw J. Rzeznik

T

H

E

T

b y

t o

r e a l

3 .1

o f

s h o w

e llit e

n o

a c c o u n t s

le a s e d

o n

i n c o r p o r a t e d

c h a n g e s

t h is

o

s o u r c e

d a t a

o r e

f o r

a ll o w

t h e

s a t e llit e

o f

( B E A ) .
b y
i n

•

a n d

o f

2 0 1 0

i n c o m

a c ­

i n g

t h e

c la s s if ic a t io n

s u m

p t i o n

i m

( 1 )

ly

,

a n d

t h e s e

i c s

i m

• A

b e y o n d

d e t a ile d

i n t r o d u c e d

m

w

a n n u a l

t h i s

o c c u r

r e v i s i o n s

e t h o d o lo g i c a l

i t h

h i c h

la t e s t

b y

c h a n g e s .

r e v i s i o n

a j o r

in c l u d e

t h e

f o ll o w

•

( I - O

r e s u lt s
)

s h i p m

o f

E c o n o m
S e r v ic e

p r o v e d
p t i o n

s a t e llit e

2 0 0 2

i c

a n d

c o m

m

a c c o u n t s ,

o f

a r k

C e n s u s

b u s i n e s s

C e n s u s ,

A n n u a l

b r e a k o u t
o f

b e n c h m

i n c l u d i n g

r e c e ip t s ,

2 0 0 2

s u m

t h e

a c c o u n t s ,
e n t s ,

a n d

u p d a t e s

i n

t h e

t h e

d a t a
f r o m

E x p e n s e s

T h i s

b u s i n e s s

o d i t i e s

B u r e a u

t r a v e l

f lo w

o f

c o m

•

p l o y m

o n

a

M

•

i n

r a t e

b o t h

In d u s tr y




c o n ­

t h e

B u r e a u

g r o s s

m

o f

a r g i n

t o

p r e p a r e

t h e

t i m

b e t w e e n

2 0 0 2

e

s e r ie s

t h e

b e n c h m

1 9 9 7

a r k

1 - 0

“ r e c o n c ile ”
1 - 0

u l t i p li e r s

m

s a t e llit e

e w

f r o m

S y s t e m
t o

v a lu e

f r a m

B E A

I I

( R

e a s u r e

a d d e d

b y

o r k .
’s

I M

R e g i o n a l

S

I I )

t o t a l

p r o ­

t o u r i s m

a c c o u n t s .

e x p e n d it u r e s
t h e

b y

B L S

b r e a k o u t

g o v e r n m

c o n s u m

o f

e r

s p e n d i n g

e n t

a n d

e x p e n d i ­

s p e c if ic a lly

t h e

t r a v e l

f o ll o w

s lo w e d ,

i n

1 0

o f

t u r n e d

2 4

e s t ic

a n d

c o m

a n d

g a m

t o u r i s m

s a t e llit e

a c ­

i n g :
d o w

m

n ,

o r

d e c lin e d

i n

2 0 0 9 ,

o d i t i e s

i n t e r n a t io n a l

b l i n g ,

a n d

a t

p a s s e n g e r

f o o d

a n d

a

i n c l u d ­
a ir

b e v e r a g e

t o u r i s m

t r a v e l
f r o m

P r ic e s

f o r
i n

t h e

d e c lin e d

t o u r i s m
a n d

t o u r i s m

$ 2 8 . 0

a c c o m
o v e r a ll

g o o d s

a f t e r
m

i n

p e r c e n t

7 .2

s u r p lu s

b i l l i o n

t o u r i s m
2 0 0 9

1 3 .9

d e c lin e d

f e ll t o

d e c lin e

i n

2 0 0 9 ,
A s

$ 1 6 . 6

a

a n d

r e s u lt ,

b i l l i o n

i n

2 0 0 8 .
a n d

s e r v ic e s

in c r e a s i n g

o d a t i o n s

i n

p e r c e n t .

5 .6

c o n t r i b u t e d
p r ic e s

d e c lin e d

p e r c e n t

i n

i n

4 .3

2 0 0 8 .

s i g n i f i c a n t ly

2 0 0 9

a s

h o t e ls

a c t i v i t y n o t i d e n t i f i e d as b e in g in
s o u g h t

A c c o u n ts :

1 9 9 8 - 2 0 0 8 a n d C o m p r e h e n s iv e R e v is io n , ” S u r v e y
(J u n e 2 0 1 0 ): 1 4 -2 9 .

t o

f r o m

t h e

t h e

d o m

T r a v e le r

o d i t i e s

R e v is e d
of

S ta t is t ic s

t o

r e p la c e

l o s t

b u s i n e s s

t r a v e le r s

w

i t h

le is u r e

t r a v e le r s .

2 . S ee M a t t h e w M . D o n a h o e , E d w a r d T . M o r g a n , K e v i n J. M u c k , a n d
“A n n u a l

p e r s o n a l

d e f la t e

a c c o u n t s
a n d

u s e d

t h e

f r o m

o u t p u t

p e r c e n t

“ r e a l” t e r m s a re c u r r e n t - d o l l a r e s tim a te s .

S te w a r t ,

m

t r a v e l

o n

i n c l u d e

I n b o u n d

t o

L.

f o r

o f

i n c l u d ­

s e c t o r .

e t h o d

o d e l i n g

b u s i n e s s

s u r v e y

2 0 0 9

t o u r i s m
m

r e v i s i o n

t r a v e l.

R e a l

t h e

a n
c o n ­

a ir lin e s .

a c c o u n t s ,

f r o m

t o

b a l a n c e d

a r e

e n t

d a t a

o u t b o u n d

S u r v e y ,

le is u r e
a n d

s y s t e m

r e la ­

s e r v ic e s .

t h e

p r o v i d e s

v e r s u s

o n

m

e t h o d

e n t

h i c h

i g h l i g h t s

i n g

i n p u t - o u t p u t

e x p e n s e s

B u s i n e s s

S u r v e y .

1. A l l m e a s u r e s o f t r a v e l a n d t o u r i s m

R ic k y

w

f a s t e r

­

m

t r a n s p o r t a t i o n ,

T h e

i m

,

c o u n t s

in g :
•

t r a d e

t a b le s

i t h i n

p l o y m

f o r

c h a n g e s

w

u t p u t

t u r e

t o

i n c o r p o r a t i n g
M

p r o v e d

p r iv a t e

a n d

5

p r o d u c t

u s e d

i n d u s t r y

1 - 0

e m

• N e w

p r o v e ­

e v e r y

a r k

I n p u t - O

H
w

i m

N e w

e m

a n d

t r a v e l

n

g r a m

a t i o n

a c c o u n t s

o f

t h e

t h e

t a b le s .

•

r e v is e d

a n d

p r e h e n s i v e

in d e x e s

( B L S )

r e t a il

a n n u a l

i n d u s t r y

u p d a t e d

a v a ila b le

s a t e llit e

d y n a m

r e ­

o f t h e

t h e

c o m

a n d

i n t e r p o la t i o n

b e n c h m

­

e

p r ic e

S t a t is t ic s

n e w

o f

p r e ­

c o m

e s t i m

n e w

• A

s t a t is t ic a l

p r o v e d

i t h

s a t ­

2 0 0 9

u p d a t e s

e x p e n d it u r e s .

p r o d u c e r

L a b o r

r e v i s i o n

( 2 )

n e w

w

t o u r i s m

r e v is io n s ,

n e w

t h e

a n d

a g e n t s

n a t io n a l

• N e w

o f

t r a v e l

t h e

I n

a c c o u n t s

b e t w e e n

e r s ,

r e ­

r e a l

t h e

c o n s u m

r e s u lt s

s t a t is t ic s

p r e h e n s iv e

t o u r i s m

t h e

t h e

a n d

a n d

a n d

r e p la c e
r e v is e d

t o

T h e

2 0 0 9

t o u r i s m

r e v is io n s :

b i n e d

c a p t u r e

a n d

i n d u s t r y

c o m

t y p e s

C o m

p r e h e n s i v e
g o

o r e

o s t

p r o d u c e r

t i o n s h i p

d i ­
a ft e r

.

C o m
y e a r s ,

m

e a s u r e d

a r t ic le

i n c o r p o r a t e d

t r a v e l

t h e

f r o m

o u t p u t

a n n u a l

n e w

t r a v e l

a c c u r a t e ly

t o u r i s m

m

a n d
d a t a .

s o ld

2 0 0 9

p e r c e n t

t r a v e l

c la s s if ic a t io n s

i n c l u d e d

s o u r c e

e n t s

a j o r

t o

m

T h e s e

2 0 1 0 .2 T h i s
m

a s
2 .6

i n c o r p o r a t i o n

o f t h e

2 5 ,

e t h o d o lo g i e s

m

s t a t is t ic s .

t h e

i n

A n a ly s i s

y

e a s u r e d

2 0 0 8 . 1

i n

t w

r e v is e d

m

i n

p r e s e n t e d

a n d

t h a t

e c o n o m

m

s e r v ic e s

t o u r i s m

i c

d e c lin e d

t h e

a y

d e f i n i t i o n s

a n d

E c o n o m

i n

r e v i s i o n
M

t h

a s

p e r c e n t

a c c o r d i n g

s t a t is t ic s

r e f le c t

p r e h e n s iv e

t r a v e l

b r o a d e r

p u b l i s h e d

a r i l y

t h e

g r o w

a n d

4 .7

2 0 0 8 ,

o f

i n d u s t r y —

g o o d s

i n

p r o d u c t

u p d a t e d

v i o u s l y
p r i m

t h e

o f

d e c lin e d

B u r e a u

e s t ic
e d

t o u r i s m

o u t p u t

f r o m

t h e

d o m

T h e

a n d

p e r c e n t

p a r i s o n ,

g r o s s

m

E L

s t a t is t ic s

c o u n t s

a n d

V

v i s it o r s —

d e c l i n i n g

c o m

A

t h e

r e c t ly

c e n t

R

fo r

T h e

r e m

a in d e r

o f t h is

a r t ic le

c o n s i s t s

o f

a

d i s c u s s i o n

C u r r e n t B u sin es s 9 0
o f

t r e n d s

i n

t r a v e l

a n d

t o u r i s m

o u t p u t

a n d

p r ic e s ,

t h e

U.S. Travel and Tourism Satellite Accounts

32

c o m

p o s i t i o n

a d d e d
t r a v e l

a n d
a n d

t h e

( S e e

m

t h e

t o u r i s m

p l o y m

t o u r i s m

1 9 9 8 - 2 0 0 9
o n

o f
e m

h a v e

o r e

b e e n

“ D a t a

a n d ,

a n d

is

a c c o u n t

r e c e n t

b o x

d e m

e n t

a n d

f o ll o w

t a b le s .

r e v is e d ,
p e r i o d

t o u r i s m
e d

T h e

b u t

v a lu e

t h e

c o r e

a c c o u n t s

t h is

f r o m

b y

a r t ic le

2 0 0 4

f o r

f o c u s e s

t h o u g h

2 0 0 9 .

A v a i l a b i l i t y ” )

T h e

t i o n

T h e

4 .7

p e r c e n t
i n

d e c lin e

i s m

o u t p u t

2 0 0 9

e s t

c o n t r i b u t o r s

w

a s

i n
w

r e a l

d ir e c t

i d e s p r e a d

t r a v e l

( t a b le

a n d

A ) .

t o u r ­

T h e

l a r g ­

i n

f o o d
a ir

p ic t u r e s

s e r v ic e s

d e c lin e s

a n d

6 .1

w e r e

b e v e r a g e

t r a n s p o r t a t i o n ,
a n d

p e r f o r m

d e c r e a s e d

p e r c e n t .

c r e a s e d

Real output

id e s p r e a d

p a s s e n g e r

6 .1

Trends in Output and Prices

w

d e c lin e s

November 2010

D o m

3 .4

e s t i c

p e r c e n t

t i o n

p ic t u r e s

a n d

a ft e r

d e c r e a s in g

6 .4

p a r t l y

a n d

i n g

i n

F o o d

a ir

i n g

p e r c e n t

9 .2

a r t s

( t a b le

a n d

a f t e r

s lo w e r

d o m

e s t ic

i n

m

d e c r e a s in g

C

a n d

d e ­

p e r c e n t .

g r e w

o ­

b e v e r a g e

t r a n s p o r t a t i o n

d e c r e a s in g

p e r f o r m

b y

a n d

t u r n a r o u n d

2 0 0 9

p a s s e n g e r

a f t e r

a

a r t s .

p e r c e n t

o f f s e t

s e r v ic e s ,

5 .4

M

o

­

p e r c e n t

c h a r t

1 ).

Table B. Contributions to Growth in Real Tourism Output
by Tourism Commodity in 2004-2009
[Percentage points]

a c c o m

m

o d a t i o n s ,

p o r t a t i o n ,
T r a v e le r
g r o w
a ir

t o

a n d

2 .2

m

3 .4

p e r c e n t

p e r c e n t .
a f t e r

d e c lin e

a r r a n g e m

o d a t i o n s

t r a n s p o r t a t i o n

c e n t

f a s t e r

in t e r n a t io n a l

t r a v e l

a c c o m

i n g

t h e

i n

f e ll

T r a v e l

a r r a n g e m

d e c r e a s in g

1 .0

p a s s e n g e r
e n t

8 .8

2 0 0 8 .

c o n t r a c t e d

w e r e
a ir

s e r v ic e s

p e r c e n t

i n

p e r c e n t

e n t

s e r v ic e s

t r a n s ­

A ll tou rism g oods and s e rvice s ............................................

a f t e r

Food and beverage services................................................

p a s s e n g e r

Passenger air transportation............................................
Domestic passenger air transportation services.......
International passenger air transportation services
All other transportation-related commodities................
Passenger rail transportation services.......................
Passenger water transportation services...................
Intercity bus services....................................................
Intercity charter bus services......................................
Local bus and other transportation services.............
Taxicab services............................................................
Scenic and sightseeing transportation services........
Automotive rental and leasing.....................................
Other vehicle rental and leasing..................................
Automotive repair services...........................................
Parking............................................................................
Highway to lls..................................................................
Travel arrangement and reservation services...........
Gasoline..........................................................................
Recreation, entertainment, and shopping..........................
Recreation and entertainment..........................................
Motion pictures and performing a rts ..........................
Spectator sports............................................................
Participant s ports..........................................................
Gambling........................................................................
All other recreation and entertainment.......................
Nondurable PCE commodities other than gasoline

2 0 0 9

a f t e r
f e ll

g r o w
1 3 .3

i n g

p e r ­

p e r c e n t .

Data Availability
T h e

d e t a ile d

a c t iv it y
e n d

f o r

o f t h is

s t a t is t ic s
e m
p u t

a n d
W

2 0 0 8

e n t
e m

e b

“ S a t e llit e

s t a t is t ic s

a re

a r t ic le .
f o r

p lo y m

B E A s

a n n u a l

T h e

c o m p le t e

1 9 9 8 -2 0 0 8 ,
f o r

2 0 0 9 ,

p lo y m
s it e

a t

e n t

o n

p r e s e n t e d

a n d
f o r

t r a v e l

in

e ig h t

se t

t o u r is m

t a b le s

o f d e t a ile d

s t a t is t ic s
q u a r t e r ly
1 9 9 8 -2 0 0 9

w w w .b e a .g o v

a n d

u n d e r

o f

a re

a t

th e

a n n u a l

o u t p u t

s t a t is t ic s

Commodity

B ) .

( t a b le

In t e r n a t i o n a l
8 .8

t r a v e le r

a n d

o f

o u t ­

a v a ila b le

“ In d u s t r y ”

o n
a n d

2004

2005

2006

2007

2008

2009

6.08
1.33
0.91
1.75
0.65
-0.16
0.81
1.09
0.01
0.43
0.00
-0.02
-0.01
-0.03
0.02
0.20
0.00
-0.08
0.02
0.00
0.37
0.18
2.09
0.66
0.07
0.12
0.03
0.44
0.00
1.43

2.90
0.78
0.90
0.48
-0.07
-0.67
0.59
0.56
-0.01
0.00
0.00
-0.02
0.06
0.05
0.01
0.17
0.01
-0.10
0.00
-0.01
0.22
0.19
0.74
0.26
-0.05
0.02
0.10
0.12
0.07
0.49

2.90
0.63
0.48
0.59
0.28
-0.17
0.45
0.31
0.00
0.12
-0.01
0.02
0.02
0.06
0.00
-0.06
0.00
-0.02
-0.02
-0.01
-0.03
0.24
1.20
0.42
0.02
0.05
0.07
0.31
-0.03
0.79

1.20
0.50
-0.06
0.68
0.44
0.09
0.35
0.24
0.02
0.09
0.00
-0.06
0.00
0.03
0.01
0.00
0.00
0.03
-0.01
0.00
0.14
0.01
0.08
0.18
0.01
-0.02
0.01
0.17
0.01
-0.09

-3.06
0.39
-0.95
-1.11
-0.69
-0.90
0.21
-0.42
0.01
0.06
-0.01
0.01
-0.03
0.01
-0.01
-0.21
-0.01
-0.14
-0.03
-0.01
-0.04
-0.04
-1.38
-0.48
-0.11
-0.17
-0.03
-0.03
-0.14
-0.90

-4.65
-1.61
-0.57
-1.87
-1.13
-0.55
-0.58
-0.73
-0.02
0.02
-0.05
0.00
-0.02
0.01
-0.04
-0.15
0.01
-0.02
-0.01
0.01
-0.59
0.12
-0.61
-0.27
0.10
-0.04
-0.08
-0.21
-0.04
-0.34

A c c o u n t s .”

PCE Personal consumption expenditures

Table C. Real Output by Tourism Commodity in 2004-2009
[M illions of chained (2005) dollars]

Table A. Annual Growth in Real Output by Tourism Commodity
in 2004-2009
[Percentage change from preceding period]
Commodity
A ll to u rism g oods and s e rv ic e s ............................................
Traveler accommodations......................................................
Food and beverage services................................................
Transportation..........................................................................
Passenger air transportation............................................
Domestic passenger air transportation services......
International passenger air transportation services
All other transportation-related commodities..................
Passenger rail transportation services.......................
Passenger water transportation services...................
Intercity bus services.....................................................
Intercity charter bus services......................................
Local bus and other transportation services.............
Taxicab services............................................................
Scenic and sightseeing transportation services........
Automotive rental and leasing.....................................
Other vehicle rental and leasing..................................
Automotive repair services...........................................
Parking............................................................................
Highway to lls ..................................................................
Travel arrangement and reservation services............
Gasoline..........................................................................
Recreation, entertainment, and shopping..........................
Recreation and entertainment..........................................
Motion pictures and performing a rts ..........................
Spectator sports............................................................
Participant sports..........................................................
Gambling........................................................................
All other recreation and entertainment.......................
Nondurable PCE commodities other than gasoline......
PCE Personal consumption expenditures




2004
6.1
7.6
5.6
4.6
3.9
-1 .4
17.5
5.0
7.5
32.9
-1.1
-5 .5
-1.4
-4.9
4.7
4.9
2.3
-4.1
6.8
1.6
8.0
2.5
7.4
5.2
3.3
12.6
1.7
8.6
-0.1
9.1

2005
2.9
4.4
5.6
1.3
-0.4
-6.1
11.4
2.5
-7 .7
-0.1
1.4
-6 .3
12.0
9.0
2.4
4.3
6.4
-5.7
0.0
-7.4
4.9
2.4
2.6
2.0
-2.6
1.9
6.3
2.3
2.5
3.1

2006

2007

2008

2009

2.9
3.5
3.0
1.5
1.7
-1 .7
7.9
1.4
0.4
8.2
-2.1
8.9
4.4
11.4
-0.9
-1.6
1.4
-1 .4
-7.8
-11.2
-0.8
2.8
4.4
3.4
1.2
4.7
4.4
6.0
-1.3
5.2

1.2
2.7
-0.4
1.8
2.8
1.0
5.7
1.1
9.0
5.7
1.9
-21.4
-0 .6
5.2
3.6
0.0
-4.9
1.8
-4.2
-3.9
3.2
0.1
0.3
1.4
0.3
-1.5
0.5
3.2
0.3
-0.6

-3.1
2.2
-6.1
-2.8
-4.3
-9.2
3.4
-1.8
6.5
4.4
-3 .3
5.1
-5 .9
1.5
-2 .3
-5 .7
-8.2
-8.9
-10.3
-8.9
-1.0
-0.4
-5.2
-4.0
-6 .4
-16.7
-2.0
-0.5
-6.0
-6.1

-4.7
-8.8
-3.4
-4.8
-7 .3
-6.1
-8.8
-3 .0
-8 .7
1.4
-19.1
1.5
-4 .0
1.6
-10.3
-3 .5
11.3
-1.4
-4.7
12.3
-13.3
1.5
-2.2
-2.2
5.4
-4.4
-4.9
-3.6
-1.8
-2.2

Commodity

2004

2005

2006

2007

2008

2009

A ll tou rism goods and s e rv ic e s ...............................
Traveler accommodations.........................................
Food and beverage services...................................
Transportation............................................................
Passenger air transportation...............................
Domestic passenger air transportation
services.........................................................
International passenger air transportation
services.........................................................
All other transportation-related commodities....
Passenger rail transportation services..........
Passenger water transportation services.....
Intercity bus services.......................................
Intercity charter bus services.........................
Local bus and other transportation services
Taxicab services...............................................
Scenic and sightseeing transportation
services.........................................................
Automotive rental and leasing........................
Other vehicle rental and leasing.....................
Automotive repair services..............................
Parking..............................................................
Highway to lls .....................................................
Travel arrangement and reservation services
Gasoline............................................................
Recreation, entertainment, and shopping.............
Recreation and entertainment............................
Motion pictures and performing a rts .............
Spectator sports...............................................
Participant sports.............................................
Gambling...........................................................
All other recreation and entertainment..........
Nondurable PCE commodities other than
gasoline.............................................................

673,068
118,616
107,019
260,595
108,436

692,605
123,831
112,962
263,933
107,976

712,684
128,211
116,309
267,970
109,834

721,264
131,726
115,877
272,756
112,914

699,184
134,571
108,864
265,108
108,103

666,640
122,727
105,179
252,348
100,223

73,404

68,916

67,740

68,390

62,071

58,292

PCE Personal consumption expenditures

35,065 39,059 42,150 44,546 46,057 41,995
152,172 155,957 158,082 159,795 156,922 152,279
1,277
1,178
1,254
1,183
1,289
1,373
11,912
12,442 12,615
10,429
10,420 11,272
1,715
1,738
1,702
1,735
1,678
1,358
1,901
1,781
1,940
1,524
1,603
1,626
3,242
3,631
3,791
3,767
3,544
3,400
3,604
3,929
4,749
4,376
4,605
4,673
2,806
2,873
2,848
2,950
2,883
2,585
25,525 26,632 26,193 26,181
24,695 23,836
596
634
643
611
561
625
12,254
10,567 10,421
11,561
11,396
11,598
2,099
2,099
1,935
1,854
1,663
1,584
740
685
608
584
532
598
29,540 30,987 30,747 31,738 31,427 27,254
56,465 57,808 59,420 59,454 59,217 60,128
186,994 191,880 200,318 200,905 190,510 186,354
82,728 84,417 87,316 88,561
84,998 83,139
13,141
12,992
12,798 12,950
12,161
12,816
6,995
7,128
7,466
7,356
6,128
5,856
11,004 11,489 11,542
10,353
11,308
10,751
35,092 35,904 38,048 39,266 39,067 37,651
17,152
17,583
17,361
17,406 16,367 16,078
104,273 107,463 113,008 112,323 105,466 103,167

N o vem b er 2 0 1 0

S urvey

of

33

C u r r e n t B u s in e s s

1.9 percent. Together, international and domestic pas­
senger air transportation services decreased 9.3 per­
cent after growingl0.3 percent (chart 2).
The overall decline in price growth for the travel
and tourism sector prices was partly offset by an accel­
eration in the prices for automotive rental and leasing,
which increased 12.7 percent in 2009 after increasing
8.4 percent in 2008. By reducing their stock of autom o­
biles, rental establishments have increased their ability
to raise prices.

Chart 1. Contributions to Annual Growth in Real
Tourism Output in 2006-2009
P e rc e n t

TableE. ContributionstoAnnual Growth intheChain-Type PriceIndexesfor
TourismCommodities in2004-2009
[Percentage points]
Commodity

U.S. Bureau of Economic Analysis

Prices

Travel and tourism prices declined 4.3 percent in 2009,
the first annual decline since 2002 (tables D, E, and F).
The largest contributors to the decline in prices were
gasoline, traveler accommodations, and domestic and
international passenger air transportation services.
Gasoline prices decreased 27.8 percent in 2009 after in­
creasing 16.1 percent in 2008. Prices for traveler ac­
commodations decreased 7.0 percent after increasing

2004

A ll tourism goods and s e rv ic e s ...........................................
Traveler accommodations.....................................................
Food and beverage services.................................................
Transportation.........................................................................
Passenger air transportation...........................................
Domestic passenger air transportation services......
International passenger air transportation services
All other transportation-related commodities.................
Passenger rail transportation services.......................
Passenger water transportation services...................
Intercity bus services....................................................
Intercity charter bus services.......................................
Local bus and other transportation services..............
Taxicab services............................................................
Scenic and sightseeing transportation services........
Automotive rental and leasing.....................................
Other vehicle rental and leasing..................................
Automotive repair services...........................................
P arking...........................................................................
Highway tolls...................................................................
Travel arrangement and reservation services............
G asoline.........................................................................
Recreation, entertainment, and shopping..........................
Recreation and entertainment.........................................
Motion pictures and performing arts...........................
Spectator sports............................................................
Participant sports...........................................................
Gam bling........................................................................
All other recreation and entertainment.......................
Nondurable PCE commodities other than gasoline

2.93
0.46
0.51
1.36
0.10
-0.01
0.11
1.26
-0.01
-0.02
0.01
0.01
0.03
0.03
0.01
0.06
0.00
0.05
0.01
0.01
-0.08
1.14
0.61
0.32
0.06
0.04
0.01
0.14
0.07
0.28

2005
4.93
0.90
0.52
2.89
1.06
0.70
0.36
1.82
0.01
0.02
0.01
0.01
0.02
0.03
0.01
0.04
0.00
0.06
0.02
0.01
0.01
1.58
0.63
0.39
0.06
0.06
0.01
0.18
0.08
0.24

2006

2007

2008

2009

4.49
0.65
0.52
2.67
1.03
0.71
0.32
1.64
0.01
-0.01
0.02
0.01
0.02
0.02
0.01
0.25
0.00
0.07
0.01
0.01
0.15
1.06
0.66
0.39
0.06
0.04
0.03
0.17
0.09
0.27

3.48
0.78
0.59
1.43
0.38
0.11
0.27
1.05
0.01
-0.01
0.00
0.01
0.01
0.01
0.01
0.08
0.01
0.05
0.01
0.01
0.10
0.75
0.69
0.38
0.06
0.05
0.03
0.15
0.09
0.31

5.64
0.35
0.71
3.62
1.62
0.93
0.69
2.00
0.01
-0.03
0.02
0.01
0.02
0.03
0.01
0.30
0.01
0.08
0.02
0.01
0.01
1.52
0.96
0.40
0.05
0.05
0.02
0.20
0.08
0.56

-4.29
-1.35
0.17
-3.16
-1.35
-0.67
-0.67
-1.82
0.00
-0.08
-0.01
0.01
0.01
0.02
-0.01
0.25
0.00
0.03
0.01
0.00
-0.18
-1.86
0.05
-0.03
0.05
0.00
-0.02
-0.08
0.01
0.09

PCE Personal consumption expenditures

Table D. Annual Growth in Prices for TourismCommodities in 2004-2009

TableF. Chain-Type Price Indexesfor TourismCommodities in2004-2009

[Percentage change form preceding period]

[Index numbers, 2005=100]

Commodity
A ll to u rism g oods and s e rv ic e s ............................................
Traveler accommodations.....................................................
Food and beverage services................................................
Transportation.........................................................................
Passenger air transportation............................................
Domestic passenger air transportation services.......
International passenger air transportation services
All other transportation-related commodities.................
Passenger rail transportation services.......................
Passenger water transportation services...................
Intercity bus services....................................................
Intercity charter bus services......................................
Local bus and other transportation services.............
Taxicab services............................................................
Scenic and sightseeing transportation services........
Automotive rental and leasing.....................................
Other vehicle rental and leasing..................................
Automotive repair services...........................................
Parking...........................................................................
Highway to lls ..................................................................
Travel arrangement and reservation services............
G asoline.........................................................................
Recreation, entertainment, and shopping..........................
Recreation and entertainment..........................................
Motion pictures and performing a rts...........................
Spectator sports............................................................
Participant s p o rts ..........................................................
G am btng........................................................................
All other recreation and entertainment.......................
Nondurable PCE commodities other than gasoline......
PCE Personal consumption expenditures




2004
2.9
2.6
3.1
3.6
0.7
-0.1
2.2
5.9
-3.5
-1.3
3.8
2.5
5.2
6.0
2.5
1.6
3.3
2.3
4.9
8.4
-1.7
17.9
2.1
2.6
3.0
4.6
0.5
2.7
2.7
1.8

2005
4.9
5.1
3.2
7.7
6.8
6.9
6.9
8.4
3.6
1.1
3.6
2.3
4.6
4.6
2.3
1.0
0.1
3.4
7.1
12.6
0.2
22.1
2.2
3.2
3.1
6.1
0.6
3.4
3.3
1.5

2006
4.5
3.6
3.2
7.0
6.7
7.3
5.5
7.3
7.2
-0.4
7.2
3.5
3.9
3.4
3.5
6.6
0.8
4.2
2.9
10.8
3.5
12.7
2.4
3.2
3.5
3.7
2.1
3.2
3.5
1.7

2007
3.5
4.4
3.7
3.7
2.4
1.1
4.5
4.6
4.7
-0.5
0.8
3.2
2.7
2.1
3.1
2.1
6.6
3.4
3.3
5.8
2.3
8.5
2.5
3.1
3.5
4.9
1.8
2.9
3.6
2.0

2008
5.6
1.9
4.6
9.3
10.3
10.1
10.6
8.6
3.8
-1.7
6.4
2.6
4.2
4.0
2.5
8.4
6.6
4.8
6.6
13.6
0.1
16.1
3.6
3.4
2.7
5.4
1.1
3.8
3.6
3.8

2009
-4.3
-7.0
3.5
-9.9
-9.3
-8.3
-10.8
-10.4
1.4
-9.1
4.0
2.9
4.8
4.7
1.2
12.7
-3.1
4.1
7.8
-7 .3
0.2
-27.8
1.5
0.7
1.6
2.5
1.0
-0.3
1.6
2.1

Commodity
All tourism goods and se rvice s...........................................
Food and beverage services................................................
Passenger air transportation............................................
Domestic passenger air transportation services......
International passenger air transportation services
All other transportation-related commodities................
Passenger rail transportation services.......................
Passenger water transportation services...................
Intercity bus services...................................................
Intercity charter bus services......................................
Local bus and other transportation services.............
Taxicab services............................................................
Scenic and sightseeing transportation services........
Automotive rental and leasing.....................................
Other vehicle rental and le asing.................................
Automotive repair services...........................................
Parking...........................................................................
Highway tolls..................................................................
Travel arrangement and reservation services...........
Gasoline.........................................................................
Recreation, entertainment, and shopping..........................
Recreation and entertainm ent........................................
Motion pictures and performing a rts ..........................
Spectator sports............................................................
Participant sports..........................................................
Gambling........................................................................
All other recreation and entertainment.......................
Nondurable PCE commodities other than gasoline......
PCE Personal consumption expenditures

2004
95.3
95.1
96.9
92.8
93.6
93.6
93.6
92.3
96.5
98.9
96.5
97.7
95.6
95.6
97.7
99.0
99.9
96.7
93.4
88.8
99.8
81.9
97.8
96.9
97.0
94.3
99.4
96.7
96.8
98.5

2005

2006

2007

2008

2009

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

104.5
103.6
103.2
107.0
106.7
107.3
105.5
107.3
107.2
99.6
107.2
103.5
103.9
103.4
103.5
106.6
100.8
104.2
102.9
110.8
103.5
112.7
102.4
103.2
103.5
103.7
102.1
103.2
103.5
101.7

108.1
108.1
107.0
111.0
109.2
108.5
110.2
112.3
112.3
99.1
108.1
106.8
106.7
105.5
106.8
108.8
107.5
107.7
106.3
117.1
105.9
122.2
104.9
106.4
107.1
108.8
103.9
106.2
107.2
103.8

114.2
110.2
111.9
121.3
120.5
119.5
121.9
121.9
116.5
97.5
115.0
109.5
111.2
109.7
109.4
117.9
114.5
113.0
113.3
133.1
106.1
142.0
108.7
110.0
109.9
114.6
105.1
110.2
111.0
107.7

109.3
102.4
115.8
109.3
109.3
109.6
108.8
109.2
118.2
88.6
119.5
112.7
116.6
114.9
110.8
133.0
111.0
117.5
122.1
123.4
106.3
102.5
110.3
110.8
111.7
117.5
106.1
109.8
112.8
110.0

34

N o vem b er 2 0 1 0

U.S. Travel and Tourism Satellite Accounts

Chart 2. Contributions to Annual Growth in the
Chain-Type Price Index for Tourism Goods and
Services in 2006-2009
P e rc e n t

Direct tourism output includes goods and services
sold directly to visitors, such as passenger air travel. In­
direct tourism output includes sales of all goods and
services used to produce that direct output, such as jet
fuel to fly the plane and catering services for interna­
tional flights.
The Com position of Tourism Demand

The travel and tourism accounts include estimates of
the composition of tourism demand by type of visitor.
They distinguish expenditures of U.S. residents travel­
ing abroad from those of U.S. residents and nonresi­
dents traveling within the United States for leisure,
business, or government purposes. The balance of
tourism trade is derived by subtracting expenditures
on foreign travel by U.S. residents (an im port of goods
and services to outbound travelers) from expenditures
on U.S. travel by nonresidents (an export of goods and
services to inbound travelers).
International travel and tourism

U.S. Bureau of Economic Analysis

Total output

Total tourism-related output decreased to $1.24 tril­
lion in 2009, or 8.5 percent, from $1.35 trillion in 2008.
Total output consisted of $728.8 billion in direct tour­
ism output and $508.5 billion in indirect tourism out­
put in 2009. The 1.70 ratio of total output to direct
output in 2009 means that every dollar of direct tour­
ism output required an additional 70 cents of indirect
tourism output (chart 3).

Current-dollar international travel (the sum of in­
bound and outbound travel) declined 10.9 percent in
2009 after growing 11.6 percent in 2008.
Inbound travel and tourism. This consists of
travel-related expenditures and international transpor­
tation purchases from U.S. providers by nonresidents
traveling in the United States. This activity declined
13.9 percent to $121.3 billion (chart 4). In recent years,
inbound activity had been increasing steadily as rela­
tively strong currencies in Europe and Canada made
the U.S. a more attractive destination.3 However, in
3.

Chart 3. Total Tourism-Related Output in 2006-2009

S ee D o u g la s B . W e in b e r g a n d E r i n M . W h it a k e r , “ U .S . I n t e r n a t i o n a l

T r a n s a c t io n s , ” S u r v e y 9 0 ( A p r i l 2 0 1 0 ) : 2 6 - 6 1 .

B illio n s o f c u r r e n t d o lla r s
1 ,4 0 0

Acknowledgments
1 ,2 0 0
P a t r ic ia
t r y

A .

S e c t o r

W

a s h in g t o n

D iv is io n

a n d

P a u l

s u p e r v is e d

V .

t h e

K e r n

o f th e

In d u s ­

p r e p a r a t io n

o f

th e

1 ,0 0 0
e s tim a te s .
p r e p a r e d

S t e v e n
th e

L .

Z e m

e s tim a te s .

a n e k
P e te r

a n d

S t a n is la w

K u h b a c h

J. R z e z n i k

p r o v id e d

v a lu ­

800
a b le

g u id a n c e

t h r o u g h o u t

S t a f f m e m b e r s

o f t h e

th e

p r o c e s s .

In d u s t r y

S e c t o r

D iv is io n ,

th e

600
In d u s t r y

A p p lic a t io n s

a n d

W e a lt h

D iv is io n ,

th e

R e g io n a l

D iv is io n ,
th e

th e

N a t io n a l

G o v e r n m e n t

In c o m

D iv is io n ,

e

a n d

400

d e v e lo p m e n t

In c o m
o f th e

e

D iv is io n

c o n t r ib u t e d

t o

th e

e s tim a te s .

200
T h e

O f fic e

In t e r n a t io n a l

o f T r a v e l
T r a d e

a n d

A d m

T o u r is m

in is t r a t io n

In d u s t r ie s

o f th e

p r o v id e d

f u n d in g

t o u r is m

s a t e llit e

0
2006
U.S. Bureau of Economic Analysis




2007

2008

2009

f o r

th e

p r e p a r a t io n

a c c o u n t s .

o f

t h e

t r a v e l

a n d

N o vem b er 2 0 1 0

S urvey

of

Chart 4. U.S. Trade in Tourism in 2004-2009

2 0 0 9 ,
t iv e

Billions of dollars

35

C u r r e n t B u s in e s s

t h e

g l o b a l

e f fe c t

a s

e c o n o m

n e t

i c

e x p o r t s

d e c lin e

h a d

d e c lin e d

a

4 0 .6

s t r o n g

n e g a ­

p e r c e n t

f r o m

Billions of dollars
$ 2 8 . 0

b il l io n

in

2 0 0 8

t o

$ 1 6 .6

b i l l i o n

i n

O utbound travel and tourism .

t r a v e l- r e la t e d

e x p e n d it u r e s

t a t io n

p u r c h a s e s

d e n t s

t r a v e lin g

d e c lin e d

7 .2

e x p o r t s

o f

f r o m

f o r e ig n

a b r o a d .

p e r c e n t

t r a v e l

I n

t o

a n d

a n d

$ 1 0 4 . 7

T h i s

c o n s is t s

o f

i n t e r n a t io n a l

t r a n s p o r ­

p r o v i d e r s

U . S .

2 0 0 9 ,

t o u r i s m

2 0 0 9 .

b y

o u t b o u n d

b il l io n .

A s

d e c r e a s e d

a

r e s i­

a c t iv it y

r e s u lt ,

( t a b le

n e t

G ) .

Table G. U.S. International Travel and Tourism in 2004-2009
[Billions of dollars]
2004

2005

2007

2006

2008

2009

Total international travel and to u ris m ................................ 182.9 197.3 207.0 227.2 253.6 225.9
92.5 102.0 107.0 121.9 140.8 121.3
Inbound travel and tourism .....................................................
Outbound travel and tourism .................................................. 90.4 95.3 100.0 105.3 112.8 104.7
Net exports of travel and tourism............................................

U.S. Bureau of Economic Analysis

2.1

6.7

7.0

16.7

28.0

16.6

t o u r is m - r e la t e d

e m

p lo y ­

Key Terms
T h e
a n d

f o llo w in g
t o u r is m

k e y

t e r m s

s a t e llit e

t r a v e lin g

t r a v e l

r e s id e n t

b y

b y

g o v e r n m e n t

t u r e s

b y

e x c lu d e
S ta te s

a n d

b u s in e s s

th e

f o r

a n d

tr a v e l

in b o u n d

T h e

o u t b o u n d

r e s id e n t s

r e s id e n t s
f o r e ig n

o n

U .S .

S ta te s

a n d

d u c t io n

a n d

tra v e l

b y

n o n ­

e x p e n d i­

t r a n s p o r t a t io n

T h e s e

to

s t u d y

e x p e n d it u r e s
in

th e

s u m

o f

t o u r is m

d o m e s t ic

e x p e n d it u r e s

(n e t

o f

e x p e n d it u r e s ).

s u m

o f
d e m

a n d

t o u r is m

( in c lu d in g

a ll

e x p e n d it u r e s ).

T r a v e l-r e la t e d
a b r o a d

a n d

e x p e n d it u r e s
b y

p u r c h a s e d

b y
U .S .

f r o m

p r o v id e r s .

t y p ic a lly

p u r c h a s e d

t r a n s p o r t a t io n ,

b y

G o o d s

v is it o r s ,

a n d

s u c h

a s

h o te l a c c o m m o d a t io n s ,

s e r v ic e s
a ir lin e
a n d

th a t

d ir e c t

t o u r is m

D ir e c t

t o u r is m

d u c e d

g o o d s

h o te l

w o r k e r s

a re

a n d

c o m

th e

a ll

a n d

h o te l

e n g a g e d
( f o r

s t a ff

in

th e

e x a m p le ,

d e liv e r in g

a n d

T o t a l t o u r is m - r e la t e d

r e q u ir e d

fu e l

fu e l f o r

to

to

p a s s e n g e r

n ig h t
s u r e

A

5 0 - 1 0 0

p e r s o n

e n v ir o n m e n t
in
o r

a

h o te l

o r

b u s in e s s

v i s i t o r s a re n o t d if f e r e n t i a t e d b y t y p e o f v i s i t o r , b e c a u s e t h e d a ta t o p r e ­

t r a v e lin g

p a r e th e s e e s tim a te s a re n o t a v a ila b le .

t a r y

o f
to

t h e ir
n e w

p e r s o n n e l

T h e

b y

p r o ­

t r a v e le r s

a n d

( f o r

p a s s e n g e r

o u t p u t

f o r

a ir

c o m p r is e s

p r o d u c t io n

t o ile t r ie s

w h o

f o r

o f

d ir e c t

h o te l

g u e s t s

w h o

t h a n

T h e

e x p e c t

y e a r

v is it o r
o r

t o

a s

a s s ig n m e n t s ,
to

n o r m a l,

o u t s id e

a

s e c t o r

( s u c h

t r a v e lin g

o f

e v e r y d a y

o f h o m e . 3

t r a v e ls

le s s

m o t e l.

v is it

a re a

m ile s

(p r iv a t e

t r a v e le r s

lo c a t io n

th e

o u tp u t .

d o m e s t ic a lly

t o u r is m

s u p p o r t

c o n s is t s

a ir p la n e s ) .

w it h in

Visitor.

m o d a t io n s

e x a m p le ,

Usual environment.

a c tiv it ie s

a ll

o u t p u t
t o u r is m

p u r c h a s e d

in d ir e c t

(f o r

in d ir e c t

c o m p r is e s

a c c o m

a n d

o u t p u t

a n d

s e r v ic e s

t r a v e le r

o u t p u t

e x c lu d e

a n d

m

o r

m

a y

h is

b e

o r

s ta y s

tr a v e l

f o r

g o v e r n m e n t ).

w o r k e r s ,

d ip lo m

f r o m

t h e ir

a t ic

p le a ­

a t

th e

p e r s o n s

a n d

d u t y

h e r

o v e r ­

V is it o r s

c o m p e n s a t e d

ig r a n t

a n d

o f
w h o

m

ili­

s t a t io n s

2 . T h e c la s s if ic a t i o n o f t o u r i s m c o m m o d i t i e s i n t h e t r a v e l a n d t o u r i s m
a n d

t h e ir

h o m e

c o u n t r ie s ).

s a te llite a c c o u n t s is b a s e d o n a l i s t o f p r i m a r y a c t i v it ie s o f v is i t o r s t h a t
w a s d e v e lo p e d f r o m

r e c o m m e n d a t i o n s b y t h e W o r l d T o u r is m O r g a n i ­

z a t i o n , b y t h e O r g a n is a t io n f o r E c o n o m ic C o - o p e r a t i o n a n d D e v e l o p ­
m e n t , a n d f r o m v a r io u s s u r v e y s o f U .S . v is it o r s .




­

p r o ­

e m p lo y m e n t

o u t p u t

t o ile t r ie s

o u t p u t

o u t p u t

t r a n s p o r t a t io n ) ,

u s u a l

1. I n t h e t r a v e l a n d t o u r i s m s a te llite a c c o u n t s , i n b o u n d a n d o u t b o u n d

th e

in

e x a m p le ,

t o u r is m

t o u r is m

in d ir e c t

e m p lo y m e n t
e n g a g e d

( f o r

in d ir e c t

w h e r e

Tourism output.

a re

m e a ls .2

a re

o u t p u t

a n d

in d ir e c t

p r o d u c in g

t o u r is m

p lu s

a ir lin e s ).

t o u r is m

e x p e n d it u r e s

in t e r n a t io n a l t r a n s p o r t a t io n

Tourism commodities.

w o r k e r s

e m p lo y m e n t

w o r k e r s

t o u r is m

j o b s

o f

D ir e c t

th e

p ilo t s ),
a ll

e x a m p le ,

d o m e s t ic

w h e r e

o f d ir e c t

c o m p r is e s

U n it e d

t o u r is m

e m p lo y m e n t .

a ir lin e

T o t a l

o f d ir e c t t o u r is m

a ll j o b s

p r o d u c t io n

o f

t o u r is m

t r a n s p o r t a t io n

t r a v e lin g

t o u r is m
p r is e s

t r a v e l,

in t e r n a t io n a l

T h e

Outbound tourism.

U .S .

b y

c o n s is t s

c o m p r is e s

r e a s o n s .1

National tourism.
a n d

It

e x p e n d it u r e s

U n it e d

a ll in t e r n a t io n a l t r a n s p o r t a t io n

in t e r n a t io n a l

S ta te s.

p r o v id e r s .

m e d ic a l

Tourism employment.

tr a v e l

a n d

o n

U .S .

Internal tourism.

d e m

e x p e n d it u r e s

U n it e d

T r a v e l-r e la t e d

e x p e n d it u r e s

e x p e n d it u r e s

th e

w it h in

f r o m

f o r

th e

m e n t

h o u s e h o ld s ,

n o n r e s id e n t s

a n d

d e s c r ib e

e m p lo y e e s .

t r a v e lin g

p u r c h a s e d

to

T r a v e l-r e la t e d

w it h in

Inbound tourism.

r e s id e n t s

u s e d

a c c o u n t s .

Domestic tourism.

r e s id e n t s

a re

3. The usual environment depends on the availability of source data.

U.S. Travel and Tourism Satellite Accounts

36

November 2010

Internal travel and tourism. This consists of travel
and tourism within the borders of the United
States— the sum of domestic activity and inbound ac­
tivity.4 Inbound travel and tourism’s share of internal
tourism in 2008 (the most recent year for which data
are available) accounted for 14.7 percent of the total.
After declining to 11.4 percent in 2003, inbound tour­
ism’s share rebounded, accounting for 12.4 percent of
internal tourism in 2005 and 12.9 percent in 2007 (ta­
ble H and chart 5).

bound tourism. The calculation of outbound tourism
includes all expenditures on international transporta­
tion, whether purchased from foreign or U.S. provid­
ers in order to create consistency between expenditures
by U.S. residents traveling within the United States
(domestic tourism) and expenditures by U.S. residents
traveling abroad (outbound tourism). Outbound tour­
ism’s share of national tourism peaked at 18.8 percent
in 2008 (the most recent year for which data are avail­
able) (table I and chart 6).

Table H. Internal Travel and Tourism in the United States
by Residents and Nonresidents in 2002-2008

Table I. National Travel and Tourism in the United States
and Abroad in 2002-2008

Millions of dollars
Year

Millions of dollars

Share

In the
Abroad
United States (outbound)

Percent
In the
Abroad
United States (outbound)

Residents

Nonresidents
(inbound)

2 0 0 2 ................................................

461,147

66,647

527,793

87.4

12.6

2002 ................................................

461,147

95,742

556,889

82.8

17.2

2 0 0 3 ................................................

502,293

64,391

566,683

88.6

11.4

2 0 0 3 ................................................

502,293

97,371

599,663

83.8

16.2

2 0 0 4 ................................................

539,519

74,621

614,140

87.8

12.2

2 0 0 4 ................................................

539,519

114,681

654,201

82.5

17.5

2 0 0 5 ................................................

579,495

81,867

661,361

87.6

12.4

2 0 0 5 ................................................

579,495

123,650

703,145

82.4

17.6

2 0 0 6 ................................................

623,009

85,846

708,855

87.9

12.1

2 0 0 6 ................................................

623,009

133,410

756,419

82.4

17.6

2 0 0 7 ................................................

655,458

97,143

752,601

87.1

12.9

2 0 0 7 ................................................

655,458

140,852

796,310

82.3

17.7

2 0 0 8 ................................................

638,401

110,167

748,568

85.3

14.7

2 0 0 8 ................................................

638,401

147,389

785,790

81.2

18.8

Total

Residents

Nonresidents
(inbound)

Year

Chart 5. Inbound Tourism’s Share of Internal
Travel and Tourism in 2004-2008__________

Total

Chart 6. Outbound Tourism’s Share of National
Travel and Tourism in 2004-2008

Percent

U.S. Bureau of Economic Analysis

National tourism. This consists of travel and tour­

Domestic travel and tourism

ism by U.S. residents, both within the United States Domestic tourism includes travel and tourism under­
and abroad— the sum of domestic tourism and out- taken by U.S. residents within the borders of the
United States. Puerto Rico, the U.S. Virgin Islands, and
other U.S. territories are outside of this defined bound­
ary and are classified in “international travel.” The
travel and tourism accounts break out all expenditures
on domestic travel and tourism by type of visitor:
4.

A s a c o m p o n e n t o f i n t e r n a l t o u r i s m , t h e c a lc u l a t io n o f i n b o u n d t o u r ­

i s m is m o d i f i e d t o e x c lu d e a l l e x p e n d it u r e s o n in t e r n a t i o n a l t r a n s p o r t a t i o n ,

w h e t h e r p u r c h a s e d f r o m f o r e i g n o r U .S . p r o v id e r s . T h is m a k e s p o s s ib le a n

e q u a l ly d e f in e d c o m p a r i s o n b e t w e e n e x p e n d it u r e s b y U .S . r e s id e n t s t r a v e l­
i n g w i t h i n t h e U .S . ( d o m e s t ic t o u r i s m ) a n d e x p e n d it u r e s b y n o n r e s id e n t s
t r a v e l in g w i t h i n t h e U .S . ( i n b o u n d t o u r i s m ) .




November 2010

37

S u r v e y o f C u r r e n t B u s in e s s

resident households, business, and government (table utilities, computer and electronic products manufac­
3). Business’s share of domestic travel and tourism de­ turing, or broadcasting and telecommunications.
creased slightly to 33.2 percent in 2008, the most re­
cent year for which data are available. Government Table K. Travel and Tourism as a Share of Gross Domestic Product
in 2002-2008
expenditures made up 3.7 percent of domestic travel
and tourism in 2008, declining steadily from its peak of
5.8 percent in 2003. In general, government travel is
more stable than business or leisure travel, and as a re­
sult, its share tends to increase during downturns in
overall travel and tourism (table J and chart 7).
Percent

Billions of dollars

Year

Table J. Domestic Travel and Tourism by Type of Visitor in 2002-2008
Millions of dollars
Year

Resident
Business Government
households

Gross domestic
product (GDP)

Tourism value added

Tourism value added as
a share of GDP

2002..................................................

10,642

312

2.93

2003..................................................

11,142

326

2.93

2004..................................................

11,868

352

2.97

2005..................................................

12,638

371

2.94

2006..................................................

13,399

396

2.96

2007..................................................

14,062

414

2.94

2008..................................................

14,369

402

2.80

Percent
Total

Resident
Business Government
households

2 002..................

299,588

143,440

24,348

467,376

64.1

307

5.2

2 003..................

325,240

154,396

29,608

509,245

63.9

30.3

5.8

2 004..................

350,045

168,219

30,592

548,856

63.8

30.6

5.6

2 005..................

371,445

187,775

30,131

589,352

63.0

31.9

5.1

2 006..................

397,486

204,677

31,339

633,502

62.7

32.3

4.9

2 007.................

410,896

219,449

25,702

656,047

62.6

33.5

3.9

2 008.................

413,236

217,957

24,531

655,724

63.0

33.2

3.7

Chart 7. Business Travel’s Share of Domestic
Travel and Tourism in 2004-2008

Direct employment

Direct tourism employment includes jobs that involve
producing goods and services that are sold directly to
visitors. Airline pilots, hotel clerks, and travel agents
are examples of such employees. Overall, direct em ­
ployment decreased 5.1 percent in 2009. The largest
contributor to the decline was traveler accommoda­
tions, contributing 26.7 percent to the decline. Air
transportation also contributed a large portion of the
total decline in employment, 10.0 percent (table L and

Percent

34.0 r

Table L. Contributions to Growth in Employment by Tourism in 2004-2009
[Percentage points]

2004

2005

2006

2007

2008

U.S. Bureau of Economic Analysis

Tourism Value Added and Employment
Value added

A sector’s value added measures its contribution to
gross domestic product (GDP). In 2008 (the most re­
cent year for which data are available), the travel and
tourism industry’s share of GDP was 2.8 percent (table
K). Travel and tourism’s share of GDP continues to ac­
count for a larger share of GDP than industries such as




Industry

2004

2005

2006

2007

2008

2009

A ll tou rism in d u s trie s .............................................................
Traveler accommodations....................................................
Nonfarm Residential Tenant Occupied Permanent Site....
Food services and drinking places......................................
Transportation........................................................................
Air transportation services...............................................
All other transportation-related industries......................
Rail transportation services........................................
Water transportation services.....................................
Interurban bus transportation......................................
Interurban charter bus transportation........................
Urban transit systems and other transportation........
Taxi service....................................................................
Scenic and sightseeing transportation services.......
Automotive equipment rental and leasing.................
Automotive repair services...........................................
Parking lots and garages........
Toll highways............................
Travel arrangement and reservation services...........
Petroleum refineries................
Gasoline service stations.......
Recreation, entertainment, and shopping..........................
Recreation and entertainment........................................
Motion pictures and performing a rts ..........................
Spectator sports............................................................
Participant sports..........................................................
Gambling........................................................................
All other recreation and entertainment.......................
Shopping............................................................................
Industries producing nondurable PCE commodities,
excluding petroleum refineries................................
Retail trade services, excluding gasoline service
stations......................................................................
All other industries.................................................................
All other industries, excluding Wholesale trade and
transportation services................................................
Wholesale trade and transportation services................

2.45
0.38
0.00
1.60
-0.28
-0.10
-0.18
0.00
0.11
-0.01
0.01
0.02
-0 .03
0.00
-0.07
-0.05
0.01
0.00
-0.14
-0.01
-0.02
0.64
0.40
0.02
0.11
0.17
0.13
-0.02
0.23

2.05
0.36
0.00
1.71
-0.11
-0.16
0.04
-0.01
0.04
-0.01
-0.01
0.11
0.06
0.01
0.01
-0.08
0.01
0.00
-0.06
0.00
-0.01
0.11
0.33
-0 .03
0.08
0.15
0.08
0.05
-0.21

1.49
0.15
0.00
0.99
0.02
-0.10
0.12
0.00
0.06
-0.01
-0.01
0.05
0.06
0.00
-0.06
-0.01
0.00
-0.01
-0.01
0.01
0.05
0.16
-0.02
-0.02
0.00
0.11
-0.07
-0.05
0.18

0.92
0.33
0.01
0.42
0.16
0.08
0.08
0.01
0.04
-0.01
0.00
0.02
0.05
0.01
-0.05
0.03
0.00
0.00
0.00
0.00
-0.01
-0.03
0.08
-0.01
0.00
0.02
0.07
-0.01
-0.11

-3.01
-0.10
0.01
-1.34
-0.32
-0.09
-0.22
-0.01
-0.04
0.00
0.01
-0.04
0.00
0.00
0.01
-0.04
0.00
0.00
-0.05
0.00
-0.07
-0.99
-0.41
-0 .04
-0.15
-0.16
0.04
-0.11
-0.58

-5.09
-1.36
0.00
-0.99
-1.39
-0.50
-0.88
-0.02
-0.06
0.00
-0.02
-0.02
-0.02
-0.02
-0.21
-0 .05
-0.01
0.00
-0 .43
0.00
-0.04
-0.95
-0.36
-0.02
-0.02
-0.10
-0.15
-0.06
-0.59

-0.02

-0.19

-0.03

-0.11

-0.23

-0.18

0.25
0.11

-0.03
-0.02

0.21
0.18

-0.01
0.03

-0.34
-0.27

-0.41
-0.40

0.03
0.08

-0.02
0.00

0.03
0.15

-0.03
0.06

-0.01
-0.26

-0.14
-0.26

PCE Personal consumption expenditures

38

U.S. Travel and Tourism Satellite Accounts

chart 8). No travel and tourism industries added em­
ployees in 2009, while most reduced employment (ta­
ble M).
Chart 8. Contributions to Annual Growth in Direct
Tourism Employment in 2006-2009
P e rc e n t
1 .5
Overall annual growth
1.5% in 2006
0.9% in 2007
1 .0

-3.0% in 2008
-5.1% in 2009

0 .5

-0 .5
(Traveler accommodations
Food and beverage services
i Transportation
-1 .0

Recreation, entertainment, and shopping

November 2010

Table M. Direct Employment by Tourism Industry in 2004-2009
[Thousands]
Industry

2004

A ll tou rism in d u s trie s ..............................................................
Traveler accommodations......................................................
Nonfarm Residential
Food services and drinking places......................................
Transportation.........................................................................
Air transportation services................................................
All other transportation-related industries.......................
Rail transportation services..........................................
Water transportation services......................................
Interurban bus transportation......................................
Interurban charter bus transportation.........................
Urban transit systems and other transportation........
Taxi service.....................................................................
Scenic and sightseeing transportation services........
Automotive equipment rental and leasing...................
Automotive repair services...........................................
Parking lots and garages..............................................
Toll highways..................................................................
Travel arrangement and reservation services............
Petroleum refineries......................................................
Gasoline service stations.............................................
Recreation, entertainment, and shopping..........................
Recreation and entertainment.........................................
Motion pictures and performing arts...........................
Spectator sports............................................................
Participant s p o rts..........................................................
G ambling........................................................................
All other recreation and entertainment.......................
Shopping............................................................................
Industries producing nondurable PCE commodities,
excluding petroleum refineries................................
Retail trade services, excluding gasoline service
stations.......................................................................
Allother industries..................................................................
All other industries, excluding Wholesale trade and
transportation services.................................................
Wholesale trade and transportation services................

2005

2006

2007

2008

5,758 5,876
5,963
6,018
5,837
1,347
1,304 1,324
1,333 1,353
Tenant
S10
ite .... 11
10 Occupied
10 Permanent
10
1,780
1,878
1,936
1.961
1,881
1,165
1,158
1,160
1,169
1.150
487
496
481
485
480
679
684
669
672
670
9
8
9
9
8
44
42
48
50
48
21
21
20
20
20
22
22
21
21
22
47
53
56
57
55
43
46
50
53
53
16
15
15
15
16
97
103
103
100
98
47
47
49
52
46
14
14
14
14
14
4
4
4
4
5
207
204
204
203
201
7
7
7
7
8
81
81
83
83
78
1,254
1.247
1,263
1,261
1,202
649
654
632
651
629
27
27
25
30
29
71
67
75
75
76
227
244
234
236
243
174
178
174
178
181
130
133
130
129
123
614
607
616
603
573

2007

2008

180

170

168

162

148

137

434
251

446
262

446
264

425
248

401
224

74
178

73
178

75
187

73
191

72
175

64
160

2009

U.S. Bureau of Economic Analysis

Total employment

Total tourism-related employment (the sum of direct
and indirect jobs) decreased to 7.8 million jobs in
2009, down from 8.2 million jobs in 2008. The 7.8 mil­
lion jobs consisted of 5.5 million direct tourism jobs
and 2.3 million indirect tourism jobs (chart 9). Indi­
rect tourism employment consists of jobs that produce
indirect tourism output, such as refinery workers pro­
ducing jet fuel. The most recent data indicate that for
every direct tourism job generated an additional 41
percent of a job is indirectly generated.




Chart 9. Total Tourism-Related Employment
in 2006-2009
T h o u s a n d s o f e m p lo y e e s
1 0 ,0 0 0
I D ir e c t

I n d ir e c t

I T o ta l

9 .0 0 0
8 .0 0 0
7 .0 0 0
6 .0 0 0
5 .0 0 0
4 .0 0 0
3 .0 0 0
2 .0 0 0
1 ,0 0 0
0
2006

2007

5,540
1,267
11
1.823
1,069
450
619
8
44
20
21
54
52
15
85
43
14
4
176
8
76
1,146
608
23
65
228
172
119
538

435
252

-1 .5
2006

2009

2008

2009

U.S. Bureau of Economic Analysis

Tables 1 through 8 follow.

November 2010

39

S u r v e y o f C u r r e n t B u s in e s s

Table 1. Production of Commodities by Industry, 2008—Continues
[Millions of dollars]
Industry

Commodity

Traveler accommodations.................................................
Food services and drinking places..................................
Domestic passenger air transportation services...........
International passenger air transportation services......
Passenger rail transportation services...........................
Passenger water transportation services.......................
Interurban bus transportation...........................................
Interurban charter bus transportation.............................
Urban transit systems and other transportation
services..........................................................................
Taxi service.........................................................................
Scenic and sightseeing transportation services............
Automotive rental...............................................................
Other vehicle rental...........................................................
Automotive repair services...............................................
Parking lots and garages..................................................
Highway to lls ......................................................................
Travel arrangement and reservation services................
Motion pictures and performing arts................................
Spectator sports.......................
Participant s p o rts .....................
Gambling...................................
All other recreation and entertainment...........................
G asoline....................................
Wholesale trade and transportation margins on
gasoline..........................................................................
Retail trade margins on gasoline.....................................
Nondurable PCE commodities other than gasoline......
Wholesale trade and transportation margins on
nondurable PCE commodities other than gasoline...
Retail trade margins on nondurable PCE commodities
other than gasoline........................................................
All other commodities, except all other trade and
transportation m argins.................................................
All other wholesale trade and transportation margins
All other retail trade m argins............................................
Travel by U.S. residents abroad.......................................
Industry o utp ut...................................................................
Intermediate inputs............................................................
Value added........................................................................
Compensation of employees.......................................
Taxes on production and imports, less subsidies......
Gross operating surplus...............................................
PCE Personal consumption expenditures




Nonfarm
Food
residential
Traveler
services
tenant
accom­
and
occupied
modations
drinking
permanent
places
site
128,951
33,218

17,366

Air trans­
portation

802
526,579

Rail
Water
Interurban
trans­
trans­
bus trans­
portation portation portation

Urban
Interurban
transit
charter
systems
bus trans­ and other
portation
trans­
portation

Scenic and Automotive
Automotive
sightseeing equipment
repair
trans­
rental and
services
portation
leasing

Taxi
service

Parking
lots and
garages

Toll
highways

99
74,123
56,076

2
1,600
12,617

4
1
10

3
1,898
53

20
1,586

8
49

29

66
81

22,322
21
8

70
14,752
0

3,013

6

136

2

0

19

19
14

30

30,789
474

68
88,347
10,680
9,439

41,035

750
2,339

2

2

10

743

532

6,849

32,514

2,582

16,107
29,743

32,188
-372

0

25,295
7,558
65

532,681
244,342
288,339
188,158
34,574
65,607

174,061
107,256
66,805
46,344
11,408
9,052

80,807
46,970
33,836
20,559
-1,278
14,556

4,070

806
10,357

2,039
293,711

1,448
215,815
97,416
118,399
64,756
17,702
35,941

311,077
88,917
222,160
14,513
44,749
162,898

173

1

3

47,567
24,342
23,225
12,871
962
9,392

41

2,023
798
1,225
889
124
212

67

1,825
305
1,520
1,264
51
205

4,820
0

27,365
12,295
15,070
25,812
-8 9
-10,652

4
15
1
0

4

14,839
7,838
7,001
1,097
279
5,625

3,062
1,495
1,566
905
333
328

148
19,538

9,968

231

592

51,061
23,172
27,889
8,734
5,917
13,238

99,123
27,086
72,037
45,499
6,585
19,953

19

215

10,699
2,837
7,862
4,849
732
2,280

9,654
2,875
6,779
3,329
3,451

U.S. Travel and Tourism Satellite Accounts

40

November 2010

Table 1. Production of Commodities by Industry, 2008—Table Ends
[Millions of dollars]
Industry

Commodify

Traveler accommodations...............................................
Food services and drinking places................................
Domestic passenger air transportation services.........
International passenger air transportation services....
Passenger rail transportation services.........................
Passenger water transportation services.....................
Interurban bus transportation........................................
Interurban charter bus transportation...........................
Urban transit systems and other transportation
services........................................................................
Taxi service......................
Scenic and sightseeing transportation services..........
Automotive rental..............................................................
Other vehicle re n ta l........
Automotive repair services.............................................
Parking lots and garages
Highway tolls....................
Travel arrangement and reservation services..............
Motion pictures and performing a rts..............................
Spectator sp orts..........................
Participant sports........................
Gam bling.....................................
All other recreation and entertainment.........................
G asoline.......................................
Wholesale trade and transportation margins on
gasoline........................................................................
Retail trade margins on gasoline...................................
Nondurable PCE commodities other than gasoline....
Wholesale trade and transportation margins on
nondurable PCE commodities other than gasoline.
Retail trade margins on nondurable PCE commodities
other than gasoline......................................................
All other commodities, except all other trade and
transportation margins................................................
All other wholesale trade and transportation margins
All other retail trade margins...........................................
Travel by U.S. residents abroad.....................................
Industry output..................................................................
Intermediate inputs..........................................................
Value added......................................................................
Compensation of employees.....................................
Taxes on production and imports, less subsidies....
Gross operating surplus.............................................
PCE Personal consumption expenditures




Travel
Motion
arrangement
pictures and
and
performing
reservation
arts
services

Spectator
sports

Participant
sports

28

13

244
6,029

Gambling

2,062

All other
recreation
and
entertain­
ment

Petroleum
refineries

Industries
producing
nondurable
PCE
commodities,
excluding
petroleum
refineries

Wholesale
trade and
trans­
portation
services

86
5,128

Gasoline
service
stations

Retail trade
services,
excluding
gasoline
service
stations

7,448

18,903

All other
industries

814
32,424
28

3
48

8

.....................9

6,509

7
4,063

728
206
82,694

206
2
17
427
145
1,027

35,001
22,404

102

371

18,965
17,073
13
4,497

37,859
54
248

40,475
91

513

2,722
2,126
47,169

49

1,494,634

54,483

8,104
20,629

271
71,391

99,904
62,858
1,882,393

23,858

592,127

26,001

648,947

4,164

30,421

1,617

435,425

18,557,253
27,280
3,886

20,212,716
824,545
443,701

1,189,814 18,730,658
391,126 8,217,016
798,688 10,513,642
483,896 6,044,148
167,320
444,442
147,472 4,025,052

26,574,365
12,132,950
14,441,415
8,044,750
993,761
5,402,904

9,614
527,624

132

223

476

896

95

2,054

33,317

15,429

2,177

24

2,307

56,074
17,172
38,902
14,831
3,974
20,097

56,466
23,929
32,538
22,082
3,110
7,346

69,523
880

111

0
35,134
14,456
20,678
13,005
140
7,532

216

47,517
17,392
30,125
22,479
3,168
4,478

42,747
9,723
33,023
23,368
3,214
6,441

62,074
25,367
36,707
18,970
5,473
12,264

692,270
564,858
127,412
13,182
2,758
111,472

848,673
27,490
326

236,780
731,965

2,373,194
1,504,304
868,890
398,319
35,801
434,770

1,611,119
631,296
979,822
530,871
181,620
267,332

22,739
14,775
3,155
32,012
687
181,910
11,707
9,439
35,001
42,253
17,073
40,631
84,453
65,749
339,823

8,874

98,618
282,044

148,261
631,930
74,153
56,076
1,600
12,620
1,930
1,755

577

1,846
339,823

11

Domestic
production at
producers'
prices

569,570

95,639
28,365
67,273
20,019
20,690
26,564

November 2010

41

S u r v e y o f C u r r e n t B u s in e s s

Table 2. Supply and Consumption of Commodities, 2008
[Millions of dollars]
Consumption

Supply

Commodity

Domestic
production
at
producers’
prices

Imports

Change in
private
inventories

Wholesale
Intermediate
Total supply
trade
Personal
Gross
Government
Retail
trade
at
margins
consumption private fixed
final
and trans­
margins purchasers’
Private
Government
expenditures investment expenditures
portation
prices
expenditures expenditures
costs

Traveler accommodations................................................
Food services and drinking places.................................
Domestic passenger air transportation services..........
International passenger air transportation services....
Passenger rail transportation services..........................
Passenger water transportation services......................
Interurban bus transportation.........................................
Interurban charter bus transportation............................
Urban transit systems and other transportation
services.........................................................................
Taxi service........................................................................
Scenic and sightseeing transportation services...........
Automotive rental..............................................................
Other vehicle rental....
Automotive repair services..............................................
Parking lots and garages.................................................
Highway to lls .....................................................................
Travel arrangement and reservation services...............
Motion pictures and performing arts..............................
Spectator sports......................7.......................................
Participant s p o rts .............................................................
Gambling............................................................................
All other recreation and entertainment..........................
G asoline.............................................................................
Wholesale trade and transportation margins on
gasoline.........................................................................
Retail trade margins on gasoline....................................
Nondurable PCE commodities other than gasoline.....
Wholesale trade and transportation margins on
nondurable PCE commodities other than gasoline
Retail trade margins on nondurable PCE commodities
other than gasoline.......................................................
All other commodities, except all other trade and
transportation m argins................................................
All other wholesale trade and transportation margins
All other retail trade m argins...........................................
Travel by U.S. residents abroad......................................

20,212,716 1,703,886
824,545
443,701
81,424

-15,172

824,545

T o ta l...................................................................................

26,574,365 2,369,056

-34,752

1,494,018

148,261
631,930
74,153
56,076
1,600
12,620
1,930
1,755
22,739
14,775
3,155
32,012
687
181,910
11,707
9,439
35,001
42,253
17,073
40,631
84,453
65,749
339,823
99,904
62,858
1,882,393

50,441
103,996
16,935
14,811
534
1,442
231
0

6,328
20,590
5,551
1,187
268

2,270
8,863
0
19,908
351
31,395
2,706
1,899
19,755
8,730
11,252
6,225
1
4,242
169,028

133
1,328

62,858

22,739
14,775
3,155
32,012
687
181,910
11,707
9,439
35,001
42,436
17,159
40,631
84,453
65,755
517,890

1,438
1
3,326
1,314
391
576
5
28
177
23
2,974
12,550

20,336
4,583
3,155
10,666
335
147,179
7,688
7,149
12,087
33,488
5,778
34,229
84,429
58,532
335,252

648,947

99,904
62,858
3,657,272

1,063,166

179,990

2,095,197

34,617

23,200,021
824,545
443,701
81,424

9,320,003

1,014,767

6,504,430

1,155,506 31,627,697

10,879,608

1,253,343

10,129,919

30,744
.......637

183

6
14,372

537,716

-934

99,904

-18,646

569,570

91,492
506,411
51,667
40,609
798
11,372
1,302
1,755

148,261
631,930
74,153
86,820
1,600
13,257
1,930
1,755

569,570

396

Exports of
goods and
services

933
30,213
...... 443

Total
consumption

148,261
631,930
74,153
86,820
1,600
13,257
1,930
1,755

7
1,061

22,739
14,775
3,155
32,012
687
181,910
11,707
9,439
35,001
42,436
17,159
40,631
84,453
65,755
517,890

2,354

281,948

3,657,272

2,121,553

2,880,854

1,343,779

23,185,386

2,156,170

2,883,208

1,661,291

2,583
213
100

569,570

648,947

648,947
443,701

60,000

21,424

........81,424
28,963,538

PCE Personal consumption expenditures

Table 3. Demand for Commodities by Type of Visitor, 2008
[M illions of dollars]

Commodity
Traveler accommodations...................................................
Food services and drinking places....................................
Domestic passenger air transportation services.............
International passenger air transportation services........

Total consumption

Resident
households

Business

Government

Nonresidents

60,192
54,223
43,166
40,609
666
12,296
1,088
1,466
3,295
1,510
2,636
7,247
181
7,339
1,152
470
11,464
7,985
1,146
8,046
33,877
14,788
57,420
81,580

50,441
38,683
16,935
14,811
534

6,328
5,382
5,551
1,187
268

Passenger water transportation services.........................
Interurban bus transportation.............................................
Interurban charter bus transportation................................
Urban transit systems and other transportation services
Taxi service............................................................................
Scenic and sightseeing transportation services..............
Automotive rental..................................................................
Other vehicle re n ta l.............................................................
Automotive repair services.................................................
Parking lots and garages........
Highway to lls ...........................
Travel arrangement and reservation services...................
Motion pictures and performing arts..................................
Spectator s p orts...................................................................
Participant s p o rts....................
Gam bling..................................
All other recreation and entertainment..............................
G asoline................................................................................
Nondurable PCE commodities other than gasoline.........
All other commodities..........................................................

148,261
631,930
74,153
86,820
1,600
13,257
1,930
1,755
22,739
14,775
3,155
32,012
687
181,910
11,707
9,439
35,001
42,436
17,159
40,631
84,453
65,755
517,890
3,657,272
23,185,386

231
0
372
3,018
0
19,904
351
3,179
412
126
18,736
4,313
5,541
3,095

396

Total dem and less travel by U.S. residents a broa d ....
Travel by U.S. residents abroad.........................................

28,882,114
81,424

453,845
60,000

Total d e m a n d ......................................................................

28,963,538

513,845

PCE Personal consumption expenditures




Total tourism
demand

Nontourism demand

1,569
2,150

31,300
23,480
8,501
30,213
131
443
214
289
252
148
519
538
110
1,218
120
86
2,583
1,125
372
745
9,182
1,282
2,774
25,160

148261
121,769
74,153
86,820
1,600
12,739
1 930
1,755
3,941
5,128
3,155
29,128
643
11,936
1,883
708
33,329
13,423
7 059
11,887
43,059
18,176
86,632
133,999

232,769
21,424

25,718

140,783

853,115
81,424

28,029,000

254,193

25,718

140,783

934,539

28,029,000

2,106
24,869
25,109

22
452
1,438
1
201
200
26
546

510,161

518

18,798
9,647
2,885
44
169,974
9,824
8,731
1,672
29,013
10,100
28,744
41,394
47,579
431,258
3,523,274
23,185,386

Tourism commodity
ratio
1.00
0.19
1.00
1.00
1.00
0.96
1.00
1.00
0.17
0.35
1.00
0.91
0.94
0.07
0.16
0.08
0.95
0.32
0.41
0.29
0.51
0.28
0.17
0.04

1.00

U.S. Travel and Tourism Satellite Accounts

42

November 2010

Table 3a. Demand for Commodities by Type of Visitor (Unadjusted for Travel Arrangement Commissions), 2008
[M illions of dollars]

Commodity

Resident
households

Total consumption

Business

Government

Traveler accommodations..................................................
Food services and drinking places...................................
Domestic passenger air transportation services............
International passenger air transportation services.......
Passenger rail transportation se rvices............................
Passenger water transportation services........................
Interurban bus transportation............................................
Interurban charter bus transportation..............................
Urban transit systems and other transportation services
Taxi service..........................................................................
Scenic and sightseeing transportation services.............
Automotive rental.................................................................
Other vehicle re n ta l............................................................
Automotive repair services................................................
Parking lots and garages....................................................
Highway tolls........................................................................
Travel arrangement and reservation services..................
Motion pictures and performing a rts.................................
Spectator sports..................................................................
Participant sports.................................................................
Gambling..............................................................................
All other recreation and entertainment.............................
Gasoline...............................................................................
Nondurable PCE commodities other than gasoline........
All other commodities.........................................................

148,932
631,930
74,933
87,851
2,030
13,379
1,930
1,757
22,739
14,783
3,171
32,072
687
181,910
11,707
9,439
31,995
42,564
17,278
40,631
84,453
65,797
517,890
3,657,272
23,185,386

60,464
54,223
43,620
41,091
846
12,414
1,088
1,468
3,295
1,513
2,649
7,262
181
7,339
1,152
470
9,612
8,062
1,165
8,046
33,877
14,822
57,420
81,580

2,111
24,869
25,109

Total demand less travel by U.S. residents abroad
Travel by U.S. residents abroad.........................................

28,882,517
81,675

453,660
60,185

Total dem and......................................................................

28,964,192

513,845

Total tourism
demand

Nonresidents

50,669
38,683
17,114
14,987
678

6,357
5,382
5,609
1,201
340

231
0
372
3,023
0
19,945
351
3,179
412
126
17,760
4,354
5,634
3,095

396

Nontourism demand

1,569
2,150

31,442
23,480
8,591
30,571
167
447
214
289
252
148
522
539
110
1,218
120
86
2,583
1,136
378
745
9,182
1,285
2,774
25,160

148,932
121,769
74,933
87,851
2,030
12,861
1,930
1,757
3,941
5,136
3,171
29,188
643
11,936
1,883
708
30,323
13,552
7,178
11,887
43,059
18,218
86,632
133,999

232,703
21,490

25.718

141,437

853,518
81,675

28,029,000

254,193

25.718

141,437

935,192

28,029,000

Tourism
industry ratio

Tourism output

1,441
1
201
200
26
369

510,161

518

18,798
9,647
2,885
44
169,974
9,824
8,731
1,672
29,013
10,100
28,744
41,394
47,579
431,258
3,523,274
23,185,386

Tourism commodity
ratio
1.00
0.19
1.00
1.00
1.00
0.96
1.00
1.00
0.17
0.35
1.00
0.91
0.94
0.07
0.16
0.08
0.95
0.32
0.42
0.29
0.51
0.28
0.17
0.04

1.00

PCE Personal consumption expenditures

Table 4. Output and Value Added by Industry, 2008
[Millions of dollars]

Industry

Traveler accommodations......................................................................................................
Nonfarm residential tenant occupied permanent site real estate.....................................
Food services and drinking places........................................................................................
Air transportation services..........
Rail transportation services.......
Water transportation services....
Interurban bus transportation................................................................................................
Interurban charter bus transportation....
Urban transit systems and other transportation..................................................................
Taxi service...............................................
Scenic and sightseeing transportation...
Automotive equipment rental and leasing............................................................................
Automotive repair services......................
Parking.......................................................
Toll highways............................................................................................................................
Travel arrangement and reservation services.....................................................................
Motion pictures and performing a rts .....................................................................................
Spectator sports...........................
Participant sports.........................
Gambling.......................................
All other recreation and entertainment.................................................................................
Petroleum refineries.....................
Industries producing nondurable PCE commodities, excluding petroleum refineries....
Wholesale trade and transportation services......................................................................
Gasoline service stations.......................................................................................................
Retail trade services, excluding gasoline service stations................................................
All other industries..................................................................................................................

PCE Personal consumption expenditures




Industry output

Intermediate
consumption

Value added

215,815
311,077
532,681
174,061
80,807
47,567
2,023
1,825
27,365
14,839
3,062
51,061
99,123
10,699
9,654
35,134
56,074
56,466
47,517
42,747
62,074
692,270
2,373,194
1,611,119
95,639
1,189,814
18,730,658

97,416
88,917
244,342
107,256
46,970
24,342
798
305
12,295
7,838
1,495
23,172
27,086
2,837
2,875
14,456
17,172
23,929
17,392
9,723
25,367
564,858
1,504,304
631,296
28,365
391,126
8,217,016

118,399
222,160
288,339
66,805
33,836
23,225
1,225
1,520
15,070
7,001
1,566
27,889
72,037
7,862
6,779
20,678
38,902
32,538
30,125
33,023
36,707
127,412
868,890
979,822
67,273
798,688
10,513,642

26,574,365

12,132,950

14,441,415

0.72
0.06
0.19
0.75
0.04
0.26
0.97
0.93
0.14
0.35
0.99
0.56
0.06
0.16
0.07
0.95
0.13
0.25
0.27
0.49
0.26
0.10
0.02
0.02
0.12
0.03
0.00

Tourism
intermediate
consumption

Tourism
value added

156,303
17,366
103,374
130,612
2,935
12,327
1,956
1,698
3,950
5,132
3,040
28,463
5,865
1,718
708
33,329
7,129
14,293
12,610
21,063
16,186
67,179
55,281
36,615
11,696
33,890
14,001

70,553
4,964
47,418
80,483
1,706
6,308
771
284
1,775
2,711
1,485
12,917
1,603
456
211
13,714
2,183
6,057
4,616
4,791
6,614
54,815
35,041
14,347
3,469
11,141
6,142

85,750
12,402
55,956
50,129
1,229
6,019
1,184
1,415
2,175
2,421
1,555
15,546
4,262
1,263
497
19,616
4,945
8,236
7,995
16,272
9,571
12,364
20,240
22,268
8,227
22,749
7,859

798,718

396,572

402,146

November 2010

43

S u r v e y o f C u r r e n t B u s in e s s

Table 5. Output by Commodity, 2008
[Millions of dollars]
Domestic production
at purchasers’ prices

Commodity
Traveler accommodations.......................................................................................................
Food services and drinking places........................................................................................
Domestic passenger air transportation services.................................................................
International passenger air transportation services...........................................................
Passenger rail transportation services.................................................................................
Passenger water transportation services.............................................................................
Interurban bus transportation............
Interurban charter bus transportation
Urban transit systems and other transportation services..................................................
Taxi service...............................................................................................................................
Scenic and sightseeing transportation services.... .............................................................
Automotive rental.................................
Other vehicle rental............................
Automotive repair services................
Parking lots and garages....................
Highway to lls .......................................
Travel arrangement and reservation services......................................................................
Motion pictures and performing arts..
Spectator sports..................................
Participant sp o rts................................
Gam bling..................................................................................................................................
All other recreation and entertainment.................................................................................
G asoline..............................................
Nondurable PCE commodities other than gasoline............................................................

Tourism commodity ratio

Direct tourism output

Total commodity
output multiplier

Total tourism-related output

148,261
631,930
74,153
56,076
1,600
12,620
1,930
1,755
22,739
14,775
3,155
32,012
687
181,910
11,707
9,439
35,001
42,253
17,073
40,631
84,453
65,749
502,585
3,100,910

1.00
0.19
1.00
1.00
1.00
0.96
1.00
1.00
0.17
0.35
1.00
0.91
0.94
0.07
0.16
0.08
0.95
0.32
0.41
0.29
0.51
0.28
0.17
0.04

148,261
121,769
74,153
56,076
1,600
12,126
1,930
1,755
3,941
5,128
3,155
29,128
643
11,936
1,883
708
33,329
13,366
7,024
11,887
43,059
18,174
84,072
113,614

1.58
1.74
1.66
1.66
1.78
1.94
1.56
1.56
1.56
1.56
1.54
1.42
1.42
1.61
1.61
1.83
1.52
1.63
1.64
1.61
1.61
1.63
1.65
2.04

234,021
211,844
122,775
92,844
2,844
23,537
3,008
2,735
6,144
7,994
4,847
41,369
913
19,170
3,025
1,294
50,794
21,753
11,530
19,164
69,423
29,662
138,891
231,896

5,093,403

0.16

798,718

1.69

1,351,477

PCE Personal consumption expenditures

Table 6. Employment and Compensation of Employees by Industry, 2008
Industry

Total employment
(thousands of employees)

Compensation
(millions of dollars)

Tourism industry ratio

Tourism employment
(thousands of employees)

Tourism compensation Average compensation
per tourism employee
(millions of dollars)

Traveler accommodations....................................................................................
Nonfarm Residential Tenant Occupied Permanent S ite ..................................
Food services and drinking places.....................................................................
Air transportation services...................................................................................
Rail transportation services
Water transportation services
Interurban bus transportation
Interurban charter bus transportation................................................................
Urban transit systems and other transportation...............................................
Taxi service............................................................................................................
Scenic and sightseeing transportation services...............................................
Automotive equipment rental and leasing.........................................................
Automotive repair services..................................................................................
Parking lots and garages.....................................................................................
Toll highways.............
Travel arrangement and reservation services...................................................
Motion pictures and performing arts..................................................................
Spectator sports
...........................................................................................
Participant sports
G ambling...............................................................................................................
All other recreation and entertainment..............................................................
Petroleum refineries.............................................................................................
Industries producing nondurable PCE commodities, excluding petroleum
refineries............................................................................................................
Wholesale trade and transportation services...................................................
Gasoline service stations.................
Retail trade services, excluding gasoline service stations.............................
All other industries................................................................................................

1,859
195
9,691
639
234
184
20
23
381
153
16
175
778
90
54
211
193
263
883
367
471
78

64,756
14,513
188,158
46,344
20,559
12,871
889
1,264
25,812
1,097
905
8,734
45,499
4,849
3,329
13,005
14,831
22,082
22,479
23,368
18,970
13,182

0.72
0.06
0.19
0.75
0.04
0.26
0.97
0.93
0.14
0.35
0.99
0.56
0.06
0.16
0.07
0.95
0.13
0.25
0.27
0.49
0.26
0.10

1,347
11
1,881
480
8
48
20
22
55
53
16
98
46
14
4
201
25
67
234
181
123
8

46,899
810
36,515
34,776
747
3,335
859
1,176
3,726
380
899
4,868
2,692
779
244
12,338
1,885
5,589
5,966
11,514
4,946
1,279

34,825
74,613
19,416
72,485
88,028
69,921
43,364
54,265
67,731
7,158
57,222
49,800
58,504
53,950
61,638
61,495
76,749
84,037
25,469
63,665
40,281
168,739

6,335
7,713
642
14,921
96,759

398,319
530,871
20,019
483,896
6,044,148

0.02
0.02
0.12
0.03
0.00

148
175
78
425
72

9,278
12,065
2,448
13,783
4,518

62,875
68,826
31,195
32,430
62,466

T o ta l.......................................................................................................................

143,330

8,044,750

5,837

224,315

PCE Personal consumption expenditures




44

U.S. Travel and Tourism Satellite Accounts

November 2010

Table 7. Employment by Industry, 2008
[Thousands of employees]
Industry
Traveler accommodations......................................................................................................
Nonfarm Residential Tenant Occupied Permanent S ite ...................................................
Food services and drinking places
Air transportation services
Rail transportation services...................................................................................................
Water transportation services
Interurban bus transportation
Interurban charter bus transportation..................................................................................
Urban transit systems and other transportation.................................................................
Taxi service..............................................................................................................................
Scenic and sightseeing transportation services.................................................................
Automotive equipment rental and leasing............................................................................
Automotive repair services....................................................................................................
Parking lots and garages......................
Toll highways..........................................
Travel arrangement and reservation services.....................................................................
Motion pictures and performing arts....
Spectator sp orts....................................
Participant sports....................................................................................................................
Gambling...................................
All other recreation and entertainment................................................................................
Petroleum refineries................
Industries producing nondurable PCE commodities, excluding petroleum refineries....
Wholesale trade and transportation services.....................................................................
Gasoline service stations......................................................................................................
Retail trade services, excluding gasoline service stations................................................
A llother industries..................................................................................................................

Direct tourism employment

Total industry employment multiplier
1,347
11
1,881
480
8

48
20

Total tourism-related employment
1.31
2.02
1.18
1.70
2.40
3.32

1,767
22
2,222
814
20
158
29
31
83
77
27
187
68
28
8
282
48
128
280
287
174
32
422
293
96
521
138

1.45
22
55
53
16
98
46
14
4
201
25
67
234
181
123
8
148
175
78
425
72

1.45
1.51
1.45
1.75
1.92
1.47
1.96
1.92
1.41
1.94
1.93
1.19
1.59
1.41
4.20
2.86
1.67
1.23
1.23
1.91

5,837

T o ta l.........................................................................................................................................

8,244

PCE Personal consumption expenditures

Table 8. Real Tourism Output, 2008
Commodity
Traveler accommodations......................................................................................................
Food services and drinking places
................................................................................
Domestic passenger air transportation services................................................................
International passenger air transportation se rvices..........................................................
Passenger rail transportation services
Passenger water transportation services............................................................................
Interurban bus transportation..............
Interurban charter bus transportation.
Urban transit systems and other transportation services.................................................
Taxi service..............................................................................................................................
Scenic and sightseeing transportation services.................................................................
Automotive rental...............................................
Other vehicle rental...........................................
Automotive repair services...............................
Parking lots and garages..................................
Highway to lls ......................................................
Travel arrangement and reservation services.
Motion pictures and performing arts.....................................................................................
Spectator sports....................................
Participant sports...................................
Gambling................................................
All other recreation and entertainment
Gasoline.................................................
Nondurable PCE commodities other than gasoline...........................................................
T o ta l.........................................................................................................................................
PCE Personal consumption expenditures




Direct output (Millions of dollars)

Chain-type price index

148,261
121,769
74,153
56,076
1,600

Real output (Millions of chained (2005) dollars)
110.2
111.9
119.5
121.9

116.5
12,126
1,930
1,755
3,941
5,128
3,155
29,128
643
11,936
1,883
708
33,329
13,366
7,024
11,887

43,059

134,571
108,864
62,071
46,057
1,373

97.5
115.0
109.5
111.2
109.7
109.4
117.9
114.5
113.0
113.3
133.1
106.1
109.9
114.6
105.1
110.2

12,442
1,678
1,603
3,544
4,673
2,883
24,695
561
10,567
1,663
532
31,427
12,161
6,128
11,308
39,067

18,174
84,072
113,614

111.0
142.0
107.7

16,367
59,217
105,466

798,718

114.2

699,184

November 2010

45

U.S. Affiliates of Foreign Companies
Operations in 2008
By Thomas Anderson

CURRENT-DOLLAR value added of m ajor­
T HEity-owned
U.S. affiliates of foreign companies de­

clined 1.5 percent in 2008, according to preliminary
statistics derived from the Bureau of Economic Analy­
sis’ most recent annual survey of foreign direct invest­
m ent in the United States.1 Value added by affiliates
totaled $670.3 billion in 2008, down slightly from a re­
vised $680.6 billion in 2007. Affiliate valued added rep­
resented 5.9 percent of U.S. private industry value
added in 2008 (table 1).
The decline in affiliate value added came despite
substantial inflows for new foreign direct investment
in the United States.2 The contribution of new affiliates
to value added was more than offset by declines in
value added among existing affiliates and by declines
that stemmed from partial or complete divestitures of
several large manufacturing and retail trade affiliates.
The decline among existing affiliates was particularly
pronounced in nondepository finance, which was
strongly affected by the financial crisis of 2008.
Employment of U.S. affiliates of foreign companies
rose 0.1 percent in 2008 (table 1). The small increase
was driven primarily by several acquisitions of U.S.
companies by foreign multinationals, either directly or
through existing U.S. affiliates; the expansion of em­
ployment by existing affiliates played a secondary role.
Total private U.S. employment fell by less than 1 per­
cent in 2008, and the share of U.S. employment ac­
counted for by affiliates was unchanged at 4.7 percent.3
The shares recorded in 2007 and 2008 are less than the
4.9 percent recorded in 2002 after several years of high
levels of acquisitions by foreign direct investors.4

The following are additional highlights of the oper­
ations of U.S. affiliates in 2008.
• The United Kingdom was the largest investing
country in terms of value added, followed by Japan
and Germany.
• The share of U.S. employment by state accounted
for by affiliates was highest in Delaware, followed by
New Hampshire and Connecticut.
• The share of total U.S. employment by industry
accounted for by affiliates was highest in mining
and manufacturing.
•Affiliates accounted for 18 percent of U.S. exports of
goods and 27 percent of U.S. imports of goods.
•Affiliates accounted for 14 percent of the research
and development (R&D) performed by U.S. busi­
nesses.
This article examines changes in value added, em­
ployment, exports and imports of goods, and R&D ac­
tivity of U.S. affiliates of foreign companies in 2008.
For each of these measures, changes are examined both
in the aggregate and for major investing countries. For
value added, changes are also examined by industry of
affiliates and industry of the foreign owner. For em ­
ployment, changes are examined by industry of affili­
ate and by state. Several additional measures of U.S.affiliate operations are presented at the end of the arti­
cle.
Table 1. Value Added and Employment of Majority-Owned U.S.
Affiliates of Foreign Companies, 1997,2002,2007, and 2008
Value added

1. T h is a r t i c l e c o v e r s t h e o p e r a t io n s o f a ll m a j o r i t y - o w n e d U .S . a f f ilia t e s ,

Millions
of dollars

i n c l u d i n g b o t h b a n k a n d n o n b a n k a f f ilia t e s . B e f o r e t h e 2 0 0 7 b e n c h m a r k
s u r v e y , t h e a n n u a l s e rie s o n a f f i l i a t e o p e r a t io n s o n l y c o v e r e d n o n b a n k a f f i l ­

Employment

A sa
percentage of
U.S. private
industry
value added

Thousands
of workers

A sa
percentage of
U.S. private
industry
employment

ia te s . S ta t is t ic s o n v a lu e a d d e d b y b a n k a f f il ia t e s a re n o t a v a ila b le f o r y e a r s
b e fo re 2 0 0 7 .
2 . I n 2 0 0 8 , o u t la y s f o r a c q u i s i t i o n o r e s t a b lis h m e n t o f U .S . b u s in e s s e s b y
fo r e ig n

d ir e c t

in v e s t o r s

t o t a le d

re c o rd e d . F o r m o r e in f o r m a t io n

$ 2 6 0 .4

b illio n ,

th e

th ir d - h ig h e s t

I n v e s t m e n t i n t h e U n i t e d S ta te s : N e w I n v e s t m e n t i n 2 0 0 8 ,” Su r v e y
rent

le v e l

see, T h o m a s A n d e r s o n , “ F o r e ig n D i r e c t
of

C ur­

1997.........................................................
2002.........................................................
2007r .......................................................
2008 p.......................................................
Addendum: Percent change at annual
rates.....................................................
2007-2008..............................................

n.a.
n.a.
680,605
670,284

n.a.
n.a.
6.1
5.9

4,372.4
5,570.4
5,588.2
5,593.5

4.1
4.9
4.7
4.7

-1.5

n.a.

0.1

n.a.

B u sin es s 8 9 ( J u n e 2 0 0 9 ) : 5 4 - 6 1 . S t a t is t ic s o n n e w in v e s t m e n t a re n o t

a v a ila b le a f t e r 2 0 0 8 b e c a u s e B E A e li m i n a t e d t h e s u r v e y t h a t c o lle c t e d th e s e
d a t a . (S e e t h e b o x “ R e d u c t io n i n D a t a A v a i la b le o n F o r e ig n D i r e c t I n v e s t ­
m e n t i n t h e U n i t e d S ta te s .” )
3 . B e c a u s e U .S . a f f il ia t e s t e n d t o b e c o n c e n t r a t e d i n i n d u s t r i a l s e c to r s w i t h
r e la t iv e l y h i g h v a lu e a d d e d p e r e m p lo y e e ( s u c h as m i n i n g , m a n u f a c t u r i n g ,
o r w h o le s a le t r a d e ) , t h e i r s h a r e o f U .S . e m p l o y m e n t is lo w e r t h a n t h e i r
s h a r e o f U .S . v a lu e a d d e d .
4 . E x c e p t f o r 2 0 0 2 , w h i c h w a s a b e n c h m a r k s u r v e y y e a r , d a t a o n e m p lo y ­
m e n t b y m a j o r i t y - o w n e d a f f il ia t e s f o r y e a r s b e f o r e 2 0 0 7 e x c lu d e a f f il ia t e s i n
th e b a n k in g in d u s tr y .




p Preliminary
r Revised
n.a. Not available
N otes. For improved comparability with U.S.-affiliate value added, U.S. private industry value added was
adjusted to exclude value added in private households, imputed rental income from owner-occupied housing,
and business transfer payments.
For the latest estimates of U.S. private industry value added, see Matthew M. Donahoe, Edward T. Morgan,
Kevin J. Muck, and Ricky L. Stewart, “Annual Industry Accounts: Advance Statistics on GDP by Industry for
2009 and Revised Statistics for 1998-2008, Comprehensive Revision” S urvey of C urrent B usiness 90 (June
2010): 14-29.
For improved comparability with U.S.-affiliate employment, U.S. private industry employment was adjusted to
exclude employment in private households.
For consistency with the coverage of the data on U.S. private industry employment, U.S.-affiliate employment
in Puerto Rico, in “other U.S. areas,” and in “foreign” was excluded from the U.S.-affiliate totals when the
employment shares were computed.

46

N o vem b er 2 0 1 0

U.S. Affiliates of Foreign Companies

Value Added

In 2008, the total current-dollar value added of majority-owned U.S. affiliates fell 1.5 percent to $670.3 bil­
lion. Value added in U.S. private industries rose 0.1
percent; as a result, the share of U.S. private industry
value added accounted for by affiliates fell from 6.1
percent in 2007 to 5.9 percent in 2008. The decline in
affiliate value added in the face of a slight increase in
total U.S. value added was partly due to the high con­
centration of affiliates in industries, such as manufac­
turing, that were strongly affected by the economic
slowdown of 2008.
By country of ownership

In 2008, affiliates of the seven largest investing coun­
tries— Canada, France, Germany, the Netherlands,
Switzerland, the United Kingdom, and Japan— ac­
counted for three-fourths of value added by affiliates
(table 2 and chart 1). The largest share— 16 per­
cent— was accounted for by British-owned affiliates;
Chart 1. Shares of Value Added of U.S. Affiliates
by Country of Ultimate Beneficial Owner, 2008
Canada. 9.3%
Other, 24.8%

France, 8.6%

Germany,
12.3%

Japan, 13.1%
Netherlands,
8.4%
Switzerland,
United Kingdom,

7.3%

16.2%

U.S. Bureau of Economic Analysis

they represented about 1 percent of total U.S. private
industry value added. British-owned affiliates have
substantial operations in petroleum wholesaling and
chemicals manufacturing. Japanese-owned affiliates
(13 percent) had the second-largest share of affiliate
value added, overtaking Germany, which accounted
for 12 percent. Japanese-owned affiliates were prom i­
nent in transportation equipment manufacturing and
wholesaling. German-owned affiliates were
particularly active in chemicals and machinery m anu­
facturing and in telecommunications services.
Table 2. Value Added of Majority-Owned U.S. Affiliates by Country of
Ultimate Beneficial Owner, 2007 and 2008
Millions of dollars

2007

2008

Percentage of
all-countries total

2007

Addendum:
Percentage
change in
affiliate
value
added,
2008

2008

All c o u n trie s ...........................

680,605

670,284

100.0

100.0

-1.5

C a na d a ..................................................

64,310

62,554

9.4

9.3

-2.7

E uro p e ...................................................
B elgium ..............................................
Denmark.............................................
Finland................................................
France................................................
G e r ra n y ............................................
Ireland................................................
Italy......................................................
Netherlands.......................................
S p a n ..................................................
Sweden..............................................
Switzerland........................................
Untcd Kingdom.................................
O the r..................................................

430,651
14,671
3,512
3,866
63,392
87,013
7,105
8,239
45,200
4,497
13,614
50,315
120,864
8,363

423,366
17,294
4.011
4,407
57,521
82.445
6,681
9.012
56,173
6,176
13.446
48,836
108,820
8,544

63.3
2.2
0.5
0.6
9.3
12.8
1.0
1.2
6.6
0.7
2.0
7.4
17.8
1.2

63.2
2.6
0.6
0.7
8.6
12.3
1.0
1.3
8.4
0.9
2.0
7.3
16.2
1.3

-1.7
17.9
14.2
14.0
-9 .3
-5.3
-6.0
9.4
24.3
37.3
-1.2
-2.9
-10.0
2.2

Latin Am erica and O ther Western
Hem isphere......................................
Bermuda.............................................
Mexico................................................
United Kingdom Islands, Caribbean
Venezuela...........................................
O the r..................................................

50,030
22,335
5,310
5,039
6,489
10,858

51,391
24,494
5,858
4,486
5,062
11,492

7.4
3.3
0.8
0.7
1.0
1.6

7.7
3.7
0.9
0.7
0.8
1.7

2.7
9.7
10.3
-11.0
-22.0
5.8

A fr ic a ......................................................

1,144

1,257

0.2

0.2

9.8

Middle E a s t...........................................
Saudi Arabia......................................
O the r..................................................

15,166
8,275
6,891

11,519
5,773
5,746

2.2
1.2
1.0

1.7
0.9
0.9

-24.0
-30.2
-16.6

Asia and P acific...................................
Australia..............................................
Japan..................................................
Korea, Republic o f............................
O the r..................................................

108,520
11,051
84,535
3,595
9,339

109,509
10,569
87,651
1,967
9,322

15.9
1.6
12.4
0.5
1.4

16.3
1.6
13.1
0.3
1.4

0.9
-4.4
3.7
-45.3
-0.2

United S ta te s .......................................

10,782

10,690

1.6

1.6

-0.9

Reduction in Data Available on Foreign Direct Investment in the United States

In order to align its programs with the available
resources, BEA has reduced the detail and modified the
reporting criteria on the annual survey of the operations
of U.S. affiliates of foreign multinational companies and
discontinued the survey of new foreign direct investment
in the United States. Effective with the annual survey for
2008, some data items have been dropped, reporting
thresholds have been raised, and statistical sampling has
been expanded. Among the data items discontinued are
state-level breakdowns of U.S. affiliate manufacturing
employment; gross property, plant, and equipment; and
commercial property.
The survey of new foreign direct investment in the
United States covered U.S. businesses newly acquired or




established by foreign direct investors. These data
included select financial and operating data on the oper­
ations of newly acquired or established affiliates regard­
less of whether the invested funds were raised in the
United States or abroad.1 BEA collected these data until
2008, so the data series ends with that year. The results of
the 2008 survey were published in “Foreign Direct Invest­
ment in the United States: New Investment in 2008” in
the lune 2009
S u rv e y .

1.

F o r a c o m p a r i s o n o f t h e d a t a o n a f f i l i a t e o p e r a t io n s w i t h t h e d a t a

on new

in v e s t m e n t , see t h e a p p e n d ix “ S o u r c e s o f D a t a ” i n

F a h im -N a d e r a n d W illia m
U n it e d

S ta te s : N e w

M ahnaz

J. Z e ile , “ F o r e ig n D i r e c t I n v e s t m e n t i n t h e

In v e s tm e n t in

1 9 9 4 a n d A ff ilia te

1 9 9 3 ,” S u r v e y 7 5 ( M a y 1 9 9 5 ) : 6 8 - 7 0 ; w w w . b e a . g o v / s c b / .

O p e r a t io n s

in

N o v em b er 2 0 1 0

S urvey

of

The share of affiliate value added of the seven largest
investing countries decreased 1 percentage point to 75
percent in 2008. Among these countries, only affiliates
with ultimate beneficial owners (UBOs) in the Nether­
lands and Japan had increases in value added in 2008.5
Netherlands-owned affiliates had the largest increase
in value added, due largely to increases among existing
affiliates in insurance. The increase for Japaneseowned affiliates was largely attributable to increases
among existing affiliates in transportation equipment
and electronic equipment wholesaling.
Among the largest investing countries, Britishowned affiliates had the largest decreases. The decline
was partly due to lower value added among existing af­
filiates and partly due to the selloff of manufacturing
affiliates. Value added also declined substantially at
French- and German-owned affiliates. For Frenchowned affiliates, the decline was largely attributable to
affiliates in depository credit intermediation (banking)
and insurance. For German-owned affiliates, the de­
cline was concentrated in the securities industry.
Among smaller investing countries, there were sub­
stantial decreases in the value added of Saudi Arabianowned and Korean-owned affiliates. The decrease in
value added for Saudi Arabian-owned affiliates was
largely attributable to petroleum refiners and chemi­
cals manufacturers. The decrease for Korean-owned
affiliates was largely attributable to manufacturing and
wholesale trade affiliates. In contrast, the value added
of Belgian- and Spanish-owned affiliates increased.
The increase for Belgian-owned affiliates was primarily
due to acquisitions in manufacturing, and that for
Spanish-owned affiliates was primarily due to acquisi­
tions in utilities.
5.

T h e U B O is t h a t p e r s o n , p r o c e e d i n g u p t h e o w n e r s h ip c h a in , t h a t is n o t

o w n e d m o r e t h a n 5 0 p e r c e n t b y a n o t h e r p e r s o n . F o r m o r e i n f o r m a t i o n see
th e b o x “ K e y T e rm s .”

Data Availability

This article summarizes the preliminary statistics
from the 2008 Annual Survey of Foreign Direct Invest­
ment in the United States. More detailed statistics will
be posted in files that can be downloaded at no charge
from BEA’s Web site at www.bea.gov. Revised statistics
will be released next year.
Detailed statistics on U.S. affiliate operations for
1977-2007 are also available on BEA’s Web site.
For more information on these products and how
to access them, see www.bea.gov. Click “Interna­
tional”, then “About International”, then “Interna­
tional Investment Division Product Guide” and
finally, “Operations of U.S. Affiliates of Foreign Com­
panies.”




47

C u r r e n t B u s in e s s

By industry of UBO

In 2008, affiliates whose UBOs were private entities ac­
counted for 98 percent of the value added by U.S. affil­
iates (table 3). The remaining 2 percent of value added
Table 3. Value Added of Majority-Owned U.S. Affiliates by Industry of
Ultimate Beneficial Owner, 2007 and 2008
Percentage of
all-countries total

Millions of dollars
2007

2008

2007

2008

A ll in d u s trie s ............................................

680,605

670,284

100.0

100.0

Government and government-related entities....
Individuals, estates, and tru sts ............................
M ining......................................................................
Manufacturing.........................................................

18,696
74,884
31,398
303,577

14,214
71,583
28,132
310,287

2.7
11.0
4.6
44.6

2.1
10.7
4.2
46.3

Wholesale and retail trade....................................
Information..............................................................
Finance and Insurance..........................................
Professional, scientific, and technical services
Other........................................................................

43,717
24,806
71,251
25,573
86,703

38,581
26,573
63,497
24,873
92,544

6.4
3.6
10.5
3.8
12.7

5.8
4.0
9.5
3.7
13.8

was accounted for by U.S. affiliates owned by govern­
ments or government-related entities, such as govern­
ment pension funds. Of the affiliates owned by private
entities, those owned by businesses accounted for 87
percent of total affiliate value added and those owned
by individuals accounted for 11 percent.
By industry of affiliate

Among major industries, manufacturing accounted
for the largest share— 42 percent— of affiliate value
added in 2008, down slightly from 43 percent in 2007
(table 4). Among manufacturing industries, chemicals
Table 4. Value Added of Majority-Owned U.S. Affiliates by Industry of
Affiliate, 2007 and 2008
Millions of dollars

Percentage of
all-industries total

2007

2007

2008

Addendum:
Percent
change in
affiliate
value
added
2007-2008

2008

A ll in du s trie s ..............................

680,605

670,284

100.0

100.0

-1.5

M anufacturing........................................

292,177

280,329

42.9

41.8

-4.1

Food.......................................................
Beverages and tobacco products.....
Petroleum and coal products.............
Chemicals.............................................
Plastics and rubber products.............
Nonmetallic mineral products............
Primary metals.....................................
Fabricated metal products.................
Machinery.............................................
Computers and electronic products...
Electrical equipment, appliances, and
components.....................................
Transportation equipment...................
Other......................................................

18,208
9,512
30,746
68,381
12,148
21,790
12,749
8,718
25,527
13,693

17,345
16,488
22,040
65,577
11,611
19,109
13,952
9,290
25,474
12,578

2.7
1.4
4.5
10.0
1.8
3.2
1.9
1.3
3.8
2.0

2.6
2.5
3.3
9.8
1.7
2.9
2.1
1.4
3.8
1.9

-4.7
73.3
-28.3
-4.1
-4.4
-12.3
9.4
6.6
-0.2
-8.1

10,903
44,396
15,404

10,795
40,292
15,779

1.6
6.5
2.3

1.6
6.0
2.4

-1.0
-9.2
2.4

W holesale tra d e .....................................
Petroleum and petroleum products....
Other......................................................

110,338
24,400
85,938

116,400
31,795
84,605

16.2
3.6
12.6

17.4
4.7
12.6

5.5
30.3
-1.6
-14.6

Retail tra d e ..............................................

32,178

27,468

4.7

4.1

Info rm a tio n ..............................................

34,814

35,771

5.1

5.3

2.8

Finance and in suran ce .........................
Depository institutions and bank
holding companies..........................
Finance (except depository
institutions)......................................
Insurance..............................................

70,132

61,996

10.3

9.2

-11.6

26,678

23,756

3.9

3.5

-11.0

22,015
21,439

9,001
29,238

3.2
3.2

1.3
4.4

-59.1
36.4

Real estate and rental and leasing

13,425

13,171

2.0

2.0

-1.9

Professional, s cie ntific, and technical
s e rv ic e s ...............................................

25,665

26,870

3.8

4.0

4.7

Other in d u s trie s .....................................

101,876

108,280

15.0

16.2

6.3

48

(which includes pharmaceuticals) had the largest share
of value added, followed by transportation equipment.
Wholesale trade, which includes many affiliates that
have substantial secondary operations in m anufactur­
ing, accounted for the second-largest share of value
added among major industries.6
Value added of manufacturing affiliates fell 4 per­
cent in 2008 to $280.3 billion from $292.2 billion. The
largest declines in dollar terms were in petroleum and
coal products and transportation equipment. In petro­
leum and coal products, market conditions made it
difficult for petroleum refiners to pass on to customers
the full value of increases in the cost of crude oil. In
transportation equipment, the decline was attributable
to the partial selloff of affiliates and to declines among
existing affiliates. Value added of affiliates in beverages
and tobacco products manufacturing rose substantially
6.

N o vem b er 2 0 1 0

U.S. Affiliates of Foreign Companies

E a c h U .S . a f f il ia t e is c la s s if ie d i n t h e i n d u s t r y t h a t a c c o u n t s f o r t h e la r g ­

e s t p o r t i o n o f it s s a le s ; h o w e v e r , m a n y la r g e a f f il ia t e s a re in v o l v e d i n a v a r i ­
e t y o f b u s in e s s a c t i v it ie s . C h a n g e s i n t h e m i x o f th e s e a c t i v it ie s m a y r e s u lt in

because of acquisitions.
Among other industries, value added fell 15 percent
in retail trade and 12 percent in finance and insurance.
In retail trade, the decline was largely due to partial or
complete divestitures of U.S. affiliates. In finance and
insurance, the decline was especially pronounced
among existing affiliates in the nondepository finance
industries affected by the 2008 financial crisis. Value
added also declined in banking despite the expansion
of several affiliates through acquisitions.
Employment

In 2008, employment by majority-owned U.S. affiliates
rose a slight 0.1 percent to 5,593,500 and accounted for
4.7 percent of total U.S. private employment, un­
changed from the share in 2007. Employment by affili­
ates has not changed significantly since 2002, when it
totaled 5,570,400; in contrast, employment increased
substantially between 1997 and 2002, fueled by a surge
in new investment.

a c h a n g e i n a n a f f i l i a t e ’s i n d u s t r y c la s s if ic a t i o n .

Key Terms

The following key terms are used to describe U.S. affili­
ates of foreign companies and their operations.
U.S. affiliate. A U.S. business enterprise in which there
is foreign direct investment—that is, in which a single
foreign person owns or controls, directly or indirectly, 10
percent or more of the voting securities of an incorpo­
rated U.S. business enterprise or an equivalent interest in
an unincorporated U.S. business enterprise. Person is
broadly defined to include any individual, corporation,
branch, partnership, associated group, association, estate,
trust, or other organization and any government (includ­
ing any corporation, institution, or other entity or instru­
mentality of a government). A “foreign person” is any
person that resides outside the United States—that is,
outside the 50 states, the District of Columbia, the Com­
monwealth of Puerto Rico, and all U.S. territories and
possessions.
Majority-owned U.S. affiliate. A U.S. affiliate that is
owned more than 50 percent by foreign parents.
Foreign parent. The first person outside the United
States in a U.S. affiliate’s ownership chain that has a direct
investment interest in the affiliate.
Ultimate beneficial owner (UBO). That person, pro­
ceeding up a U.S. affiliate's ownership chain, beginning
with and including the foreign parent, that is not owned
more than 50 percent by another person. Unlike the for­
eign parent, the UBO of an affiliate may be located in the
United States. The UBO of each U.S. affiliate is identified
to ascertain the person that ultimately owns or controls




the U.S. affiliate and that therefore ultimately derives the
benefits from ownership or control.
Foreign parent group. Consists of (1) the foreign par­
ent, (2) any foreign person, proceeding up the foreign
parent’s ownership chain, that owns more than 50 per­
cent of the person below it, up to and including the UBO,
and (3) any foreign person, proceeding down the owner­
ship chain(s) of each of these members, that is owned
more than 50 percent by the person above it.
Value added. The contribution to U.S. gross domestic
product, which is the market value of the goods and ser­
vices produced by labor and property located in the
United States. Value added can be measured as gross out­
put (sales or receipts and other operating income plus
inventory change) minus intermediate inputs (purchased
goods and services). Alternatively, it can be measured as
the sum of the costs incurred (except for intermediate
inputs) and the profits earned in production. The valueadded estimates for U.S. affiliates were prepared by sum­
ming cost and profit data collected in the annual and
benchmark surveys of foreign direct investment in the
United States. The estimates are measures of gross value
added rather than measures of net value added because
they are calculated without the deduction for the con­
sumption of fixed capital used in production.
The estimates of value added of U.S. affiliates are con­
ceptually consistent with BEA’s estimates of U.S. value
added by industry.

November 2010

49

S u r v e y o f C u r r e n t B u s in e s s

tions. The increase in utilities was due to the establish­
In 2008, the shares of U.S. employment accounted for ment of several new affiliates in electric power
by affiliates were highest in mining (16 percent) and generation, particularly wind energy, and in natural
gas distribution.
manufacturing (13 percent) (table 5).7
W ithin manufacturing, the shares were highest in
chemicals (30 percent), m otor vehicles, bodies and Table 5. Employment by Majority-Owned U.S. Affiliates by Industry of
Sales, 2007 and 2008
trailers, and parts (27 percent), and nonmetallic m in­
eral products (25 percent). In chemicals, slightly more
than half of the employment was in pharmaceuticals;
the remainder was accounted for by several different
chemical industries, including basic chemicals and
paints, coatings, and adhesives. In m otor vehicles,
more than two-thirds of the employment of affiliates
was accounted for by motor vehicle parts. The m ajor­
ity of the employment in the nonmetallic mineral
products industry was in cement and concrete.
Outside of mining and manufacturing, affiliates’
shares of U.S. employment were highest in utilities, in­
formation, and wholesale trade. In utilities, about half
of the employment was accounted for by electricity
generation, transportation, and distribution. In infor­
mation, employment by affiliates was largest in pub­
lishing. In wholesale trade, much of the employment
was accounted for by durable-goods wholesalers and
reflected the role of U.S. affiliates in importing goods.
Although total affiliate employment was almost un­
changed in 2008, affiliate employment in manufactur­
ing rose by more than 40,000. Because total U.S.
manufacturing employment fell in 2008, the share of
U.S. manufacturing employment accounted for by af­
filiates rose in 2008 to 13.4 percent from 12.7 percent.
W ithin manufacturing, increases in affiliate employ­
m ent were especially large in computers and electronic
products and in machinery. In both of these industries,
the increase was largely due to the acquisition of sev­
eral U.S. firms by foreign companies.
Employment by affiliates increased substantially in
banking and in utilities. As a result, U.S. affiliates’
shares of total U.S. employment in both industries in­
creased significantly, to 7.0 percent from 5.9 percent in
banking and to 9.1 percent from 6.1 percent in utilities.
The increase in banking was due to several acquisi­
By industry

Percentage of total U.S.
employment in private
industries1

Thousands of
employees

7.

T h e e s tim a te s o f U .S e m p l o y m e n t s h a r e s a re d e r iv e d f r o m d a t a o n a f f i l ­

ia t e e m p l o y m e n t b r o k e n d o w n b y i n d u s t r y o f s a le s , a b a s is t h a t a p p r o x i ­
m a t e s e s t a b lis h m e n t - b a s e d d is a g g r e g a t io n o f t h e c o r r e s p o n d i n g d a t a f o r a ll
U .S . b u s in e s s e s . See t h e b o x “ U s in g E m p l o y m e n t D a t a t o E s t i m a t e A f f i l i a t e
S h a re s o f U .S E c o n o m y b y I n d u s t r y . ” B e c a u s e e m p l o y m e n t b y i n d u s t r y o f
s a le s m o r e p r e c is e ly r e f le c ts t h e i n d u s t r y c o m p o s i t i o n o f a f f il ia t e s ’ b u s in e s s
a c t i v it ie s t h a n d a t a b y i n d u s t r y o f a f f il ia t e , t h e i n d u s t r y p r e s e n t a t io n i n t h i s
s e c t io n is m o r e d e t a ile d t h a n t h a t p r e s e n t e d i n t h e s e c t io n o n v a lu e a d d e d
b y i n d u s t r y o f a f f il ia t e .




2007

2008

A ll in d u s trie s 2...........................................

5,588.2

5,593.5

2007

4.7

2008

4.7

Agriculture, forestry, fishing, and hunting.............
Mining, excluding oil and gas extraction..............
Utilities......................................................................
Construction............................................................

(D)
77.6
33.4
90.3

(D)
86.5
51.1
86.4

(D)
15.2
6.1
1.1

(D)
15.7
9.1
1.2

M a n ufacturing........................................................

1,782.3

1,826.1

12.7

13.4

Food and beverage and tobacco products.......
Textile mills and textile product m ills................
Apparel and leather and allied products..........
Wood products.....................................................
P aper....................................
Printing and related support activities.............
Petroleum and coal products3..........................
Chemicals............................
Plastics and rubber products............................
Nonmetallic mineral products
Primary metals.....................
Fabricated metal products..
Machinery............................................................
Computers and electronic products..................
Electrical equipment, appliances, and
components.....................................................
Motor vehicles, bodies and trailers, and p arts.
Other transportation equipment........................
Furniture and related products.........................
Miscellaneous manufacturing...........................

171.4
13.0
5.5
14.9
29.2
28.5
34.1
252.1
109.1
129.5
84.6
91.7
152.0
149.8

184.7
11.7
7.2
13.8
29.8
29.3
36.1
253.9
109.2
117.7
93.4
87.8
174.6
176.2

10.2
3.9
2.2
2.9
6.4
4.6
13.1
29.3
14.4
25.8
18.6
5.9
12.8
11.8

11.0
3.8
3.1
3.0
6.7
4.9
13.0
29.9
15.0
25.3
21.0
5.7
14.8
14.1

94.3
239.0
91.5
13.0
79.3

87.8
240.4
84.3
11.5
76.7

22.0
24.0
12.7
2.5
12.3

20.9
27.2
11.5
2.4
12.1

Wholesale trade.......................................................
Retail tra d e ..............................................................
Transportation and warehousing
Information................................................................

434.5
548.8
250.4
205.0

418.2
488.9
237.2
214.1

7.2
3.5
5.5
6.7

7.0
3.1
5.2
7.1

Finance and in surance........................................
Depository credit intermediation (banking)......
Finance, except depository institutions............
Insurance carriers and related activities

365.2
122.1
138.8
104.3

385.3
140.6
131.0
113.7

6.0
5.9
7.9
4.5

6.4
7.0
7.9
4.9

Real estate and rental and leasing.......................
Professional, scientific, and technical services....
Management of nonbank companies and
enterprises...........................................................
Administration, support, and waste management
Educational services...............................................
Health care and social assistance........................
Arts, entertainment, and recreation......................
Accommodation and food services.......................
Other services, except government......................

32.7
327.8

31.0
298.2

1.5
4.2

1.4
3.7

1.6
453.6
8.9
94.1
20.8
339.5
(D)

1.2
453.3
12.2
101.4
34.0
348.9
(D)

0.1
5.4
0.3
0.6
1.0
2.9
(D)

0.1
5.6
0.4
0.6
1.7
3.0
(D)

Auxiliaries................................................................

393.8

390.0

n.a.

n.a.

Unspecified4............................................................

22.4

29.7

n.a.

n.a.

D Suppressed to avoid disclosure of data of individual companies.
n.a. Not applicable
1. The data on U.S. employment in private industries that were used in calculating these percentages are
classified by industry of establishment. They are from table 6.4D of the “National Income and Product Account
(NIPA) Tables.” The total for U.S. employment in private industries is equal to employment in private industries
less the employment of private households. The U.S. private-industry employment totals used to calculate the
affiliate shares in “all industries" in this table differ from the U.S. employment totals used to calculate affiliate
shares in table 6; the latter are from BEA's Regional Economic Information System. The estimates for table 5,
unlike those used for this table, exclude U.S. residents temporarily employed abroad by U.S. businesses. They
may also differ from NIPA estimates used for “all industries” in this table because of different definitions and revi­
sion schedules.
2. For consistency with the coverage of the data on U.S. employment in private industries, U.S.-affiliate
employment in Puerto Rico, in “other U.S. areas,” and in “foreign" was excluded from the U.S.-affiliate employ­
ment total when the percentage shares on this line were computed. Data needed to make this adjustment are
not available for individual industries.
3. For both U.S. affiliates and all U.S. businesses, includes oil and gas extraction. (See note below.)
4. This line includes employment for which U.S. affiliates did not specify an industry of sales when they filled
out their survey forms. Affiliates that filed the long form (that is, affiliates with assets, sales, or net income or
loss greater than $275 million) had to specify only their 10 largest sales categories, and affiliates that filed the
short form had to specify only their 4 largest sales categories.
N otes. A significant portion of U.S.-affiliate employment in petroleum and coal products is accounted for by
integrated petroleum companies that have, in addition to their manufacturing employees, substantial numbers
of employees in petroleum extraction; because these employees cannot be identified separately, they are
included in petroleum and coal products manufacturing. For consistency, employees of affiliates classified in the
“oil and gas extraction without refining” industry and employees of all U.S. businesses in oil and gas extraction
are also included in petroleum and coal products manufacturing rather than in mining.

50

U.S. Affiliates of Foreign Companies

November 2010

Employment by affiliates fell substantially in profes­ “Key Terms”). The intrafirm trade of U.S. affdiates has
sional, scientific, and technical services and in retail generally accounted for 8-10 percent of U.S. exports
trade. In professional, scientific, and technical services, and for 20-25 percent of U.S. imports.
the decline was largely in accounting services. In retail
trade, the decline was due to selloffs, both partial and
Table 6. Employment by Majority-Owned U.S. Affiliates by State, 2007
complete, of U.S. affiliates.
and 2008

By state

In 2008, Delaware was the state with the highest
share— 8.2 percent— of private employment ac­
counted for by affiliates (table 6). Most of the employ­
m ent by affiliates in Delaware was attributable to
European companies, particularly those from the
United Kingdom, who accounted for about a third of
affiliate employment in the state. U.S. affiliates’ shares
were also high in New Hampshire and Connecticut. In
New Hampshire, a majority of the employment was at­
tributable to European-owned affiliates, particularly
British-owned companies. In Connecticut, the largest
share of employment was accounted for by Nether­
lands-owned affiliates, followed by British- and German-owned affiliates.
Total U.S. employment by affiliates grew only
slightly in 2008, but employment increased substan­
tially in several states, notably Texas and Missouri. In
Texas, employment rose 16,900 as a result of both ac­
quisitions and expansions by existing affiliates in the
state. Much of the new activity was in the m anufactur­
ing and mining sectors. In Missouri, the increase was
driven by acquisitions in various manufacturing in­
dustries, including food and beverage manufacturing,
computers and electronic products, and transporta­
tion equipment.
Employment by affiliates fell substantially in New
York and Tennessee. In New York, the decline was due
to partial or complete divestitures of affiliates. In Ten­
nessee, the decline was due to reductions in employ­
m ent by existing affiliates and to selloffs of affiliates.
Trade in Goods

In 2008, U.S. affiliates continued to account for a sub­
stantial share of the trade in goods of the United States,
accounting for 18 percent of exports and 27 percent of
imports (table 7). These shares are much larger than
the affiliate shares of either value added or employ­
ment, reflecting both the general international orienta­
tion of foreign-owned companies and their production
and distribution ties to their foreign parents. Much of
the trade in goods by affiliates— about 50 percent of
exports and about 80 percent of imports— is ac­
counted for by intrafirm transactions between the af­
filiates and their foreign parents or other member
companies of their foreign parent groups (see the box




Thousands of
employees

Percentage of total employment
in the state or a re a 1

2007

2008

2007

2008

T o ta l2.........................................

5,588.2

5,593.5

4.7

4.7

New E n g la n d .............................................
Connecticut.............................................
Maine.......................................................
Massachusetts.......................................
New Hampshire.....................................
Rhode Island...........................................
V erm ont..................................................

391.2
103.3
29.6
183.7
38.9
25.7
10.1

396.4
104.6
30.7
188.9
40.4
21.3
10.5

6.3
7.0
5.7
6.3
6.9
6.0
3.9

6.4
7.1
6.0
6.4
7.2
5.1
4.1

M id e a s t.......................................................
Delaware.................................................
District of Columbia................................
Maryland.................................................
New Jersey.............................................
New York.................................................
Pennsylvania...........................................

1,069.8
28.7
16.3
103.6
227.4
429.3
264.4

1,065.9
30.8
15.9
108.6
230.0
417.0
263.5

5.7
7.6
3.5
4.8
6.6
5.9
5.2

5.6
8.2
3.3
5.1
6.7
5.7
5.1

Great L a k e s ...............................................
Illinois.......................................................
Indiana.....................................................
M ichigan.................................................
O hio .........................................................
W isconsin...............................................

902.4
280.5
149.1
152.6
238.2
82.0

881.4
273.3
141.6
150.6
231.6
84.3

4.8
5.4
5.7
4.2
5.1
3.3

4.8
5.3
5.5
4.2
5.0
3.4

P la in s ..........................................................
Iow a.........................................................
Kansas....................................................
Minnesota...............................................
M issouri..................................................
Nebraska................................................
North Dakota...........................................
South Dakota..........................................

322.8
45.5
58.9
98.2
82.4
23.4
7.5
6.8

334.3
48.2
53.5
97.2
91.3
25.2
10.1
8.8

3.7
3.5
5.1
4.1
3.5
2.9
2.6
2.0

3.9
3.7
4.6
4.1
3.8
3.1
3.4
2.6

S o u th e a s t..................................................
Alabama..................................................
Arkansas.................................................
Florida......................................................
Georgia....................................................
Kentucky
Louisiana................................................
M ississippi..............................................
North C arolina.......................................
South Carolina.......................................
Tennessee...............................................
Virginia....................................................
West Virginia...........................................

1,355.9
81.1
36.6
248.2
180.6
92.9
49.1
26.5
211.0
111.3
139.2
158.1
21.1

1,341.7
78.4
33.3
254.0
179.8
95.2
48.1
26.8
206.7
107.2
130.6
159.7
22.0

4.7
4.9
3.6
3.5
5.1
5.9
3.1
2.8
6.0
6.9
5.7
5.1
3.6

4.8
4.8
3.3
3.8
5.2
6.1
3.0
2.9
5.9
6.7
5.4
5.2
3.7

S outhw est..................................................
Arizona....................................................
New M exico............................................
Oklahoma...............................................
Texas........................................................

548.1
73.2
17.0
35.4
422.6

571.5
76.5
18.7
36.8
439.4

4.2
3.2
2.6
2.8
4.8

4.3
3.4
2.9
2.9
4.9

Rocky M o u nta in .......................................
Colorado.................................................
Idaho........................................................
Montana..................................................
U tah.........................................................
Wyoming.................................................

148.0
83.5
14.4
8.1
33.2
8.9

153.1
85.4
17.5
7.2
32.5
10.6

3.5
4.2
2.6
2.2
3.1
4.0

3.6
4.3
3.2
2.0
3.0
4.6

Far W est......................................................
Alaska......................................................
California.................................................
Hawaii......................................................
Nevada....................................................
Oregon....................................................
Washington.............................................

815.5
11.4
602.9
31.0
33.8
45.8
90.5

812.8
12.5
594.1
30.6
37.3
46.9
91.2

4.3
4.7
4.6
6.0
2.9
3.1
3.7

4.3
5.1
4.6
6.1
3.3
3.2
3.7

Puerto Rico.................................................
Other US areas3........................................
Foreign4.......................................................

20.9
12.6
1.0

20.4
14.8
1.3

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a. Not available
1. The data on employment in private industries used to calculate the shares shown in this table are from
BEA’s Regional Economic Information System. The totals are equal to employment in private industries less
employment of private households. The U.S. employment totals used to calculate affiliate shares in this table
differ from those used for tables 1, 2 and 6, which are from tables 6.4D of the “National Income and Product
Accounts (NIPA) Tables.” They differ from the NIPA estimates of employment because they, by definition, they
exclude U.S. residents temporarily employed abroad by U.S. businesses. They also may differ from the NIPA
estimates because of different definitions and revision schedules.
2. For consistency with the coverage of the private-industry employment data, U.S.-affiliate employment in
Puerto Rico, in “other U.S. areas,” and in “foreign” was excluded from the U.S.-affiliate employment total when
the percentage shares on this line were computed.
3. Consists of the U.S. Virgin Islands, Guam, American Samoa, and all other outlying U.S. areas.
4. Consists of employees of U.S. affiliates working abroad.

N o vem b er 2 0 1 0

S urvey

of

51

C u r r e n t B u s in e s s

Since the early 1990s, imports by U.S. affiliates have
usually been at least twice as high as their exports, and
the relative trade gap in earlier years was even larger.
This trade gap for affiliates is substantially more pro­

nounced than the gap between total U.S. imports and
U.S. exports, and affiliates accounted for $335 billion
of the total 2008 U.S. trade gap in goods of $835 bil­
lion. The gap for affiliates was largely accounted for by

Table 7. U.S. Trade in Goods by Majority-Owned U.S. Affiliates, 1987-2008
Millions of dollars
U.S. exports of goods
shipped to affiliates
O f which:
To the foreign
parent group

Total

1987.................................................
1988.................................................
1989.................................................
1990.................................................
1991.................................................
1992.................................................
1993.................................................
1994.................................................
1995.................................................
1996.................................................
1997.................................................
1998.................................................
1999.................................................
2000.................................................
2001 .................................................
2002.................................................
2003.................................................
2004.................................................
2 00 5 .................................................
2006.................................................
2 00 7 r ...............................................
2 00 8 p...............................................

39,497
57,209
72,413
79,368
85,254
91,686
94,329
107,057
121,277
125,897
128,394
136,949
140,808
150,911
145,525
140,510
147,643
155,507
174,318
198,003
217,560
232,413

O f which:
From the foreign
parent group

Total

18,677
26,001
33,778
37,177
41,373
47,567
46,241
49,864
55,842
59,544
61,288
56,115
58,385
64,785
64,442
64,572
71,188
74,784
80,815
89,232
107,845
116,560

133,620
144,896
158,792
170,677
169,362
172,260
186,369
214,485
232,250
248,562
249,310
277,909
312,895
354,613
333,855
335,021
356,756
394,463
448,911
502,589
550,917
566,925

U.S. imports of goods shipped
by affiliates as a percentage
of total U.S. imports of goods

U.S. exports of goods shipped
by affiliates as a percentage
of total U.S. exports of goods

U.S. imports of goods
shipped to affiliates

102,167
112,012
122,899
131,665
128,143
132,217
144,698
166,085
182,148
187,889
193,969
199,524
225,132
267,187
260,633
267,291
290,492
320,268
359,059
399,954
427,160
451,919

Of which:
To the foreign
parent group

Total

15.5
17.7
19.9
20.2
20.2
20.5
20.3
20.9
20.7
20.1
18.6
20.1
20.2
19.3
20.0
20.3
20.4
19.0
19.2
19.1
18.9
18.1

7.3
8.1
9.3
9.4
9.8
10.6
9.9
9.7
9.5
9.5
8.9
8.2
8.4
8.3
8.8
9.3
9.8
9.1
8.9
8.6
9.4
9.1

O f which:
From the foreign
parent group

Total

32.9
32.9
33.6
34.5
34.7
32.3
32.1
32.3
31.2
31.3
28.6
30.5
30.5
29.1
29.3
28.8
28.4
26.8
26.8
27.1
28.2
26.9

25.1
25.4
26.0
26.6
26.2
24.8
24.9
25.0
24.5
23.6
22.3
21.9
22.0
21.9
22.8
23.0
23.1
21.8
21.5
21.6
21.8
21.5

p Preliminary
r Revised
Notes. The data on U.S. exports and imports of goods used to compute the affiliate shares in this table are from the U.S. Census Bureau, and are on a Census basis. For the years 1987-2007, data in U.S. affiliate trade in goods
were collected for nonbank affiliates only. Because it is likely that goods trade by bank affiliates was insignificant, the data on affiliate trade in goods for 1987-2007 are broadly comparable with the data for 2008.

Using Employment Data to Estimate Affiliate Shares of the U.S. Economy by Industry

The data on employment are used to estimate affiliate
shares of the U.S. economy by industry on the basis of the
North American Industry Classification System (NAICS)
because these data can be disaggregated by industry of
sales, a basis that approximates the disaggregation of the
data for all U.S. businesses by industry of establishment.1
Thus, using the data on affiliate employment, the affiliate
shares of the U.S. economy can be calculated at a greater
level of industry detail than is possible using the valueadded estimates or other data, which can only be disag­
gregated on the basis of industry of affiliate.2
In the classification by industry of sales, the data on
affiliate employment and sales are distributed among all
1. T h e d a t a f o r a ll U .S . b u s in e s s e s u s e d t o c o m p u t e t h e a f f i l i a t e s h a r e s
o f e m p l o y m e n t b y N A I C S i n d u s t r y a re f r o m t h e n a t i o n a l in c o m e a n d
p r o d u c t a c c o u n t s . S ee t a b le 5 , f o o t n o t e I .
2 . E s ta b lis h m e n t - l e v e l d a ta f r o m a j o i n t p r o j e c t o f B E A a n d t h e C e n ­
s u s B u r e a u c a n b e u s e d t o c a lc u la t e a f f il ia t e s h a r e s a t a n e v e n g r e a te r
le v e l o f d e t a il. F o r a f f i l i a t e s h a r e s b a s e d o n e s t a b lis h m e n t d a t a f o r s ix ­
d ig i t m a n u f a c tu r in g

a n d f iv e - d ig it n o n m a n u f a c t u r in g N A IC S

in d u s ­

t r ie s f o r 2 0 0 2 , see F o r e ig n D i r e c t I n v e s t m e n t i n th e U n it e d S ta te s : E s ta b ­
lis h m e n t

D a ta

fo r

2002.

T h is

p u b lic a tio n

is

a v a ila b le

by

fro m

w w w .b e a . g o v . T o d o w n l o a d i t , c l i c k o n “ O p e r a t io n s o f M u l t i n a t i o n a l
C o m p a n ie s ”, t h e n “ B E A - C e n s u s B u r e a u D a t a L i n k P r o je c t ”. S i m i l a r d a ta
o n a N A I C S b a s is a re a v a ila b le f o r 1 9 9 7 , a n d d a ta o n a S ta n d a r d I n d u s ­
t r i a l C la s s if ic a t io n b a s is a re a v a ila b le f o r 1 9 8 7 a n d 1 9 9 2 . D a t a o n l y f o r
m a n u f a c t u r i n g i n d u s t r ie s a re a v a ila b le f o r 1 9 8 8 - 9 1 . T h e d a t a f o r f o r ­
e ig n - o w n e d

e s ta b lis h m e n t s

w w w .b e a . g o v / s c b / .




a re

a n a ly z e d

in

S u rv e y

a r t ic le s

at

of the industries in which the affiliate reports sales. As a
result, employment classified by industry of sales should
approximate that classified by industry of establishment
(or plant), because an affiliate that has an establishment
in an industry usually also has sales in that industry.
However, this is not the case if one establishment of an
affiliate provides all of its output to another establish­
ment of that affiliate. For example, if an affiliate operates
both a metal mine and a metal-manufacturing plant and
if the entire output of the mine is used by the manufac­
turing plant, all of the affiliate’s sales would be in metal
manufacturing, and none, in metal mining. Thus, when
the affiliate’s employment is distributed by industry of
sales, all of it would be classified in manufacturing, even
though some of the employees work in an establishment
in mining.
In contrast, in the classification by industry of affiliate,
all of the operations data (including the employment
data) for an affiliate are assigned to that affiliate’s “pri­
mary” industry. The primary industry is determined
using a breakdown of the affiliate’s sales by BEA’s NAICSbased International Survey Industry classification to
identify the industry in which the affiliate has the most
sales. As a result, any affiliate operations that take place in
secondary industries will be classified as operations in the
primary industry.

52

U.S. Affiliates of Foreign Companies

wholesale trade affiliates, many of whom were estab­
lished to facilitate the im port of goods manufactured
abroad by their foreign parents. Since the late 1980s,
the im ports of wholesale trade affiliates have been 2-4
times as large as their exports, and these affiliates have
consistently accounted for more than two-thirds of the
total im port-export gap for U.S. affiliates. Most of the
remaining gap was accounted for by manufacturing af­
filiates, some of whom have secondary activities in
wholesale trade and some of which im port parts and
components produced by their foreign parents.
Exports

In 2008, exports of goods by U.S. affiliates rose 7 per­
cent to $232.4 billion. Total U.S. exports of goods rose
12 percent in 2008; as a result, the share of exports ac­
counted for by affiliates fell slightly to 18.1 percent.
Most of the increase in exports by affiliates was ac­
counted for by affiliates in machinery manufacturing,
electrical goods wholesaling, and petroleum refining
and wholesaling industries. Exports by affiliates in
transportation equipment manufacturing fell by about
a third, largely as a result of divestitures of affiliates
that had substantial exports.
In 2008, the largest share— 26 percent— of affiliate
exports was accounted for by Japanese-owned affiliates
(table 8). German- and British-owned affiliates acTable 8. U.S. Trade in Goods by Majority-Owned U.S. Affiliates by
Selected Country of Ultimate Beneficial Owner, 2007 and 2008
Millions of dollars

2007

2008

Percentage of all­
countries totals

2007

2008

Addendum:
Percent
change in
affiliate
exports or
imports,
2008

U.S. expo rts shipped by a ffiliates:
A ll c o u n trie s .........................................

217,560

232,413

100.0

100.0

6.8

Canada.................................................................
France..................................................................
G erm any..............................................................
Netherlands.........................................................

11,492
11,020
42,253
13,549

9,557
12,217
34,547
19,373

5.3
5.1
19.4
6.2

4.1
5.3
14.9
8.3

-16.8
10.9
-18.2
43.0

Switzerland..........................................................
United Kingdom...................................................
Japan....................................................................
Korea, Republic o f..............................................
O the r....................................................................

8,233
22,663
52,196
10,248
45,906

9,142
27,726
60,031
10,849
48,972

3.8
10.4
24.0
4.7
21.1

3.9
11.9
25.8
4.7
21.1

11.0
22.3
15.0
5.9
6.7

U.S. im ports shipped to affiliates:
All c o u n trie s ........................................

550,917

566,925

100.0

100.0

2.9

Canada................................................................
France..................................................................
G erm any.............................................................
Netherlands.........................................................

35,057
17,841
71,322
33,336

33,932
19,402
65,472
37,259

6.4
3.2
12.9
6.1

6.0
3.4
11.5
6.6

-3.2
8.7
-8.2
11.8

Switzerland..........................................................
United Kingdom..................................................
Japan....................................................................
Korea, Republic o f..............................................
O ther....................................................................

15,464
34,746
182,407
38,060
122,685

16,252
39,027
183,836
37,928
133,817

2.8
6.3
33.1
6.9
22.3

2.9
6.9
32.4
6.7
23.6

5.1
12.3
0.8
-0.3
9.1

N ote . The countries shown in this table are the eight UBO countries for which the sum of exports and imports
by majority-owned U.S. affiliates exceeded $25 billion in 2008.




N o v em b er 2 0 1 0

counted for the second- and third-largest shares.
About two-thirds of the exports of Japanese-owned af­
filiates were by affiliates in wholesale trade. Manufac­
turing accounted for the majority of the exports at
German- and British-owned firms.
Affiliates with UBOs in the Netherlands, the United
Kingdom, and Japan more than accounted for the in­
crease in exports in 2008. The increase in exports by
British-owned affiliates was largely accounted for by
affiliates in chemicals manufacturing and extractive in­
dustries. The increase for Netherlands-owned affiliates
was largely by affiliates in the petroleum industry. The
increase by Japanese-owned affiliates was concentrated
in wholesale trade affiliates, particularly those in lum ­
ber and farm products. In contrast, exports by Cana­
dian- and German-owned affiliates fell substantially.
The decrease for Canadian-owned affiliates reflected
falling exports of existing mining affiliates and selloffs.
The decrease for German-owned firms was due to selloffs.
Imports

In 2008, imports of goods by U.S. affiliates rose 3 per­
cent to $566.9 billion. Total U.S. imports of goods rose
7 percent in 2008; as a result, the share of imports ac­
counted for by affiliates fell slightly to 26.9 percent.
The increase in imports in 2008 was more than ac­
counted for by affiliates in petroleum refining and
wholesaling and in chemicals manufacturing. Imports
Acknowledgments

The 2008 Annual Survey of Foreign Direct Investment
in the United States was conducted under the direc­
tion of Patricia E. Abaroa. Christopher J. Stein and
Charles R. Gravitz supervised the processing of the
survey. The following staff contributed to the process­
ing and editing of the survey reports: George M.
Bogachevsky, Chester C. Braham, Polly Y. Cheung,
Karen M. Dennison, Constance T. Deve, Jessica M.
Hanson, Lonnie Hunter, Nazre Jamil, Jonathan M.
Kaufman, Julie A. Lampe, Qi C. Lee, Demetria A.
McCormick, Gregory L. McCormick, Makia M. Riley,
Ronald L. Ross, John R. Starnes, and Daniel K.
Wakjira.
Computer programming for data estimation, the
generation of tables, and disclosure analysis was pro­
vided by Gary Sowers, Karen E. Poffel, Neeta Kapoor,
Dan Powell, and Mingshan Zheng.

November 2010

53

S u r v e y o f C u r r e n t B u s in e s s

accounted for by affiliates with UBOs in the United
Kingdom (18 percent) and Switzerland (17 percent).
Among British-owned affiliates, the majority of the
R&D was by chemicals and transportation equipment
manufacturers. Among Swiss-owned affiliates, the m a­
jority of the R&D was by pharmaceuticals manufactur­
ing affiliates. R&D expenditures among British-owned
affiliates declined substantially in 2008 because of re­
ductions in R&D expenditures by pharmaceuticals
manufacturers.
In 2008, as in previous years, a majority of the R&D
performed by affiliates was by affiliates in manufactur­
ing. W ithin manufacturing, just over half of the R&D
was performed by affiliates in chemicals manufactur­
ing, especially in pharmaceuticals. Affiliates in com­
puters and electronic products overtook affiliates in
transportation equipment to account for the secondlargest share of affiliate R&D. R&D intensity, a measure
of the propensity of affiliates to conduct R&D and de­
fined as the R&D expenditures divided by value added,
was highest in these two industries (22 percent for
chemicals manufacturing and 34 percent for comput­
Research and Development
ers and electronic products). Among major investing
In 2008, majority-owned U.S. affiliates performed countries, R&D intensity was the highest among Swiss$40.5 billion in research and development (R&D), a owned affiliates.
slight decrease from 2007 (table 9). In contrast, total Table 10. Research and Development Performed by Majority-Owned

by affiliates in transportation equipment m anufactur­
ing fell significantly.
In 2008, Japanese-owned affiliates accounted for the
largest share (32 percent) of affiliate imports of goods.
The large share is mainly due to affiliates in wholesale
trade, who accounted for about two-thirds of the im ­
ports of goods by Japanese-owned affiliates, with
transportation equipment wholesalers playing a lead­
ing role.
The largest increases in imports among the leading
countries in 2008 were by British- and Netherlandsowned affiliates. Among British-owned affiliates, the
increase was most substantial among chemicals m anu­
facturing affiliates. Among Netherlands-owned affili­
ates, those in petroleum refining and wholesaling
accounted for the majority of the increase. Increased
imports by petroleum refining and manufacturing af­
filiates also accounted for much of the substantial in­
crease by affiliates of “other” UBO countries,
particularly Saudi Arabia. In contrast, imports by Ger­
man-owned affiliates fell because of the selloffs.

Table 9. Research and Development Performed by Majority-Owned
U.S. Affiliates and by All U.S. Businesses, 1997-2008
Millions of dollars
R&D performed
by affiliates1
1997.................................................
1998.................................................
1999.................................................
2000.................................................
2001.................................................
2002
2003
2004.
2005.
2006.
2007.
2008.................................................

17,216
22,375
24,027
26,180
26,463
27,507
29,803
30,083
31,099
34,625
40,967
40,519

R&D performed by
all U.S. businesses2

R&D by affiliates
as a percentage of
R&D by all U.S.
businesses

157,739
169,180
182,711
199,539
198,505
193,868
200,724
208,301
226,159
247,669
269,267
283,238

10.9
13.2
13.2
13.1
13.3
14.2
14.8
14.4
13.8
14.0
15.2
14.3

1. For the years 1997-2006, data on U.S. affiliate R&D were collected for nonbank affiliates only. Because it
is unlikely that bank affiliates perform significant R&D, the data on R&D performed by affiliates in 1997-2006
are comparable with the data on R&D performed by affiliates in 2007 and 2008.
2. Data are from the National Science Foundation.

R&D expenditures by all U.S. businesses rose 5 percent
in 2008; as a result, U.S. affiliates’ share of all R&D per­
formed by all U.S. businesses decreased to 14 percent
from 15 percent. Despite the decrease, this share is no­
tably higher than the affiliate shares of U.S. private in­
dustry employment or value added.
Affiliates of the seven largest investing countries ac­
counted for more than 80 percent of the R&D per­
formed by affiliates (table 10). The largest shares were




U.S. Affiliates, by Country of UBO and by Industry of Affiliate,
2007 and 2008
R&D performed by
affiliates
(millions of dollars)

Share of the
total

R&D
intensity1

2007

2008

2007

2008

40,967

40,519

100.0

100.0

6.0

6.0

1,574
5,589
5,893
1,729
6,395
9,470
4,416
5,901

1,435
5,978
5,520
1,789
6,926
7,369
4,637
6,865

3.8
13.6
14.4
4.2
15.6
23.1
10.8
14.4

3.5
14.8
13.6
4.4
17.1
18.2
11.4
16.9

2.4
8.8
6.8
3.8
12.7
7.8
5.2
3.6

2.3
10.4
6.7
3.2
14.2
6.8
5.3
4.1

Manufacturing............................................

30,615

28,190

74.7

69.6

10.5

10.1

Food........................................................
Beverages and tobacco products.......
Petroleum and coal products..............
Chemicals..............................................
Plastics and rubber products..............
Nonmetallic mineral products.............
Primary m e tals.....................................
Fabricated metal products...................
Machinery..............................................
Computers and electronic products....
Electrical equipment, appliances, and
components......................................
Transportation equipment....................
Other.......................................................

(D)
54
(D)
15,908
421
277
67
225
1,939
3,838

557
47
(D)
14,121
424
242
112
252
2,535
4,259

(D)
0.1
(U)
38.8
1.0
0.7
0.2
0.5
4.7
9.4

1.4
0.1
m
34.9
1.0
0.6
0.3
0.6
6.3
10.5

(D)
0.6
<L>)
23.3
3.5
1.3
0.5
2.6
7.6
28.0

3.2
0.3
<U)
21.5
3.7
1.3
0.8
2.7
10.0
33.9

446
5,778
703

499
4,015
(D)

1.1
14.1
1.7

1.2
9.9
(D)

4.1
13.0
4.6

4.6
10.0

Wholesale trade.........................................
Information.................................................
Professional, scientific, and technical
services.................................................
Other industries........................................

6,635
1,252

7,404
2,108

16.2
3.1

18.3
5.2

6.0
3.6

(U)
6.4
5.9

2,021
444

2,347
472

4.9
1.1

5.8
1.2

7.9
0.2

8.7
0.2

2007
All countries and in d u s trie s ............

2008

By country.
Canada.......................................................
France.........................................................
Germany.....................................................
Netherlands...............................................
Switzerland................................................
United Kingdom........................................
Japan..........................................................
Other
By Industry.

D Suppressed to avoid disclosure of data of individual companies.
1. R&D intensity is equal to R&D expenditures divided by value added.

54

N o vem b er 2 0 1 0

U.S. Affiliates of Foreign Companies

R e v is io n s

The statistics of U.S. affiliate operations in 2008 pre­
sented in this article are preliminary. The estimates for
employment, sales, and expenditures for property,
plant, and equipment (capital expenditures) supersede
the advance summary estimates for majority-owned
affiliates that were released on April 16, 2010 (BEA
news release 10-14). From the advance to the prelimi­
nary statistics, employment was revised up 1.3 percent,
sales was revised up 1.2 percent, and capital expendi­
tures was revised down 1.7 percent.
The final statistics of U.S. affiliate operations in
2007 are also presented. The final statistics for employ­
ment, sales, and expenditures for property, plant, and

equipment for 2007 supersede the estimates for m ajor­
ity-owned affiliates from the April 2010 release and the
preliminary estimates that were published in Novem­
ber 2009 Survey.8 From the advance summary esti­
mates, to the final statistics, employment was revised
up 0.2 percent, sales was revised down 0.4 percent, and
capital expenditures was revised down 0.2 percent.
From the preliminary estimates to the final estimates,
employment was revised up 1.2 percent, sales was re­
vised up 1.9 percent, and capital expenditures was re­
vised up 3.7 percent.
8.

See T h o m a s W . A n d e r s o n a n d W i l l i a m Z e ile , “ O p e r a t io n s o f U .S . A f f i l ­

ia te s o f F o r e ig n C o m p a n ie s : P r e l i m i n a r y R e s u lts f r o m t h e 2 0 0 7 B e n c h m a r k
S u r v e y ,” S u r v e y 8 9 ( N o v e m b e r 2 0 0 9 ) : 4 3 - 6 5 .

Data on Foreign Direct Investment in the United States
B E A

c o lle c t s

t w o

in v e s t m e n t

in

in g

U .S .

d a t a

t io n s

o f

(b a la n c e

p o s it io n

in v e s t m e n t

a ff ilia t e s ,

a n d

In t e r n a t io n a l
a t Y e a r e n d

2 0 0 9 :

a n d

a n d

o f 2 0 1 0 ” in

E a c h

d a t a

o f

“ U . S .

th e s e

d ir e c t

p r o v id e

a f f ilia t e s ,

a

a n d

a n d

d a t a

p ic t u r e
t h e

p o s it io n
a n d

d a t a

p o s it io n s

in ,

f in a n c ia l
a n d

a n d

d ir e c t

d a t a

o n

t h e

a n d

o f

th e

U n it e d

a n d

in

t h e

o n

a

o v e r a ll

a c tiv it ie s

t r a n s a c t io n s

f o r e ig n

b o t h

n e w

a s p e c t

o f

o p e r a t in g
o f t h e
a n d

U .S .

o p e r a t in g

o v e r a ll

d a t a

o p e r a t io n s

o f

o f

U . S .

U .S .

s u r v e y s
U . S .

c o m

y e a rs .

T h e

e

d a t a

t r a d e

d a t a

o p e r a t in g

r e g a r d le s s

o f th e

in

s u b je c t

t h e

f o r

e m

o f

in

a ff il­

f in a n c e ,

th e s e

o f

e n t

a n d

a d d e d

o f

s u r v e y s .

a re

o n

o p e r a t io n s

p e r c e n t a g e

in

r e s e a r c h

v a lu e

a ff ilia t e s

e n tir e

o s t

m a t t e r

p lo y m

g o o d s ,

t h e

r e p o r t e d

m

c o v e r U . S .

s o u r c e s

d a t a

o f f o r e ig n

B E A ’s

in v e s t m e n t

a n d

a d d it io n ,

f r o m

a re

s t a t e m e n t s ,

e x p e n d it u r e s ,
In

s u r v e y s

d ir e c t

p a n ie s

in c o m

c o v e r

o f

a ff ilia t e s .

T h e

g r o u p . A s

c o l­

sh a r e ,
a t e ’s

a n d

o r

t r a n s a c t io n s

T h e s e

f o r e ig n

a f f ilia t e 's

U .S .

a re

f o r e ig n

d a t a

d a t a .

e x is t in g

a ff ilia t e s

a r k

s u r v e y s

o f e m p lo y e e s ,

T h e

In t e r n a t io n a l
p o s i t i o n

p a r e n t
a n d

a r k

f o r e ig n

a

f is ­

o f th e
o w

n ­

e r s h ip .

U .S .

d ir e c t

a ff ilia t e

5

a n d

e s t im a t e d

b a s is .

o f

e v e r y

sta te .

f in a n c ia l a n d

c a l y e a r

in v e s t o r s ’ t r a n s a c ­
a n d

T h e

b y

b e n c h m

o f

c o v e r a g e

d e v e lo p m e n t

is

S e c o n d

s u r v e y s

p e n s a t io n

a ff ilia t e s

d is t in c t
a n d

c o m

a n d

B e n c h m

s h e e ts

J u ly

2 0 1 0

a n n u a l

c o n d u c t e d

d a t a

S u rv e y .

f in a n c ia l

a re

s e le c t e d

T r a n s a c t io n s :

2 0 1 0

o f b o t h

P o s it io n s

In v e s t m e n t

D e t a il”

B E A ’s

in v e s tm e n t .

ia t e s ’ b a la n c e

P o s it io n

a ff ilia t e s .1
F in a n c ia l

t e r m s

a n d

T h e

c o v e r

in v e s t m e n t

in

c o m p r e h e n s iv e

a r t ic le s

in t e r n a t io n a l

t io n s

th e

t r a n s a c ­

th e

f o c u s e s

o f t h e

d ir e c t

in

“ D ir e c t

O c t o b e r

le c t e d

p u b lis h e d

In d u s t r y

se ts

d ir e c t

t r a n s a c t io n s

In t e r n a t io n a l
t h e

d ir e c t
o p e r a t ­

f o r e ig n

in t e r n a t io n a l

p r e s e n t s

w e r e

in v e s t m e n t .

in v e s t m e n t
w it h ,

d a t a

o n

f in a n c ia l a n d

a n d

In v e s t m e n t

C o u n t r y

S u rv e y ,

f o r e ig n

a r t ic le

2 0 0 9 ”

Q u a r t e r

(2 )

in t e r n a t io n a l

p o s it io n

S t a t e s

d a t a
(1 )

p a y m e n t s )

T h e

“ T h e

f o r

o f

S ta te s:

T h is

d a ta .

s e ts

U n it e d

o f

d a ta .

o p e r a t in g

b r o a d

th e

d ir e c t

o t h e r

r e s u lt , t h e s e

in te r e s t,

o v e r a ll

in

th e

s iz e

o r

le v e l

th e

U . S .

a re

a n d

d ir e c t

c o lle c t e d

in v e s tm e n t .

t r a n s a c t io n s

w it h

a

d a t a

a n d

f o c u s

a ff ilia t e
o f

T h e

p o s it io n s

m e m b e r s
d a t a

in

o f
o n

it s
t h e

r a t h e r

o p e r a t io n s .

in v e s t m
t h e

d a t a

c o v e r

w it h

it s

T h e

o n
m

th e

f o r e ig n

f o r e ig n
f o r e ig n

t h a n

e n t

q u a r t e r ly

p a r e n t
p a r e n t ’s

t h e

a ff ili­

a j o r

it e m s

1. F o r a m o r e d e t a ile d d is c u s s i o n o f t h e d if f e r e n c e s b e t w e e n th e s e s e ts
o f d a t a , see A l i c i a M . Q u i j a n o , “ A G u i d e t o B E A S ta t is t ic s o n F o r e ig n
D ir e c t

In v e s tm e n t in

2 9 -3 7 .




t h e U n i t e d S ta te s ,” S u r v e y 7 0 ( F e b r u a r y 1 9 9 0 ) :

in c lu d e d
o f

in

p a y m e n t s )

flo w s ,

a n d

in t e r n a t io n a l

a c c o u n t s

d ir e c t

a re

in v e s t m e n t

t r a n s a c t io n s

(b a la n c e

in v e s t m e n t

f in a n c ia l

d ir e c t
in c o m e .

Tables 11.1 through 12.2 follow.

November

2010

S u r v e y o f C u r r e n t B u s in e s s

55

Table 11.1. Selected Financial and Operating Data of Majority-Owned U.S. Affiliates, by Industry of Affiliate, 2007
Millions of dollars

Millions of dollars

Total
assets

Gross
property,
plant, and
equipment

Expenditures
for property,
plant, and
equipment

Sales

Net
income

Value
added

Thousands of U.S. exports
Compensation employees
of goods
shipped by
of employees
affiliates

U.S. imports Research and
of goods
development
shipped to
performed by
affiliates
affiliates
(10)

(7)

(8)

A ll in d u s trie s ................................................................................

12,232,719

1,293,735

189,833

3,340,722

115,084

680,605

408,273

5,588.2

217,560

550,917

40,967

M an ufa ctu rin g ............................................................................................

1,360,883

507,771

64,466

1,220,715

44,690

292,177

164,604

2,050.7

129,212

211,320

30,615

Food .....................................
Beverages and tobacco products.........................................................
Paper....................................
Petroleum and coal products................................................................

78,418
41,294
10,838
101,269

28,222
10,489
10,661
57,637

2,864
1,234
533
6,901

85,084
26,183
12,915
183,942

1,999
2,951
-194
11,581

18,208
9,512
3,150
30,746

10,103
3,529
2,393
5,076

157.2
52.3
32.6
35.8

10,904
891
1,277
(D)

4,546
1,577
813
51,099

(D)
54
52
(D)

Chemicals................................................................................................
Basic chemicals..............
Pharmaceuticals and medicines.....................................................
O the r................................

357,179
75,508
209,103
72,569

120,722
52,246
41,457
27,020

9,788
2,215
4,802
2,771

260,109
73,258
127,147
59,704

21,917
574
19,494
1,850

68,381
10,983
44,281
13,117

35,534
5,480
22,492
7,562

305.4
48.5
168.8
88.1

27,197
9,360
10,063
7,775

38,991
14,550
18,197
6,244

15,908
603
14,331
974

Plastics and rubber products................................................................
Nonmetallic mineral products...............................................................
Primary and fabricated metals
Primary metals...............
Fabricated metal products................................................................

33,594
101,585
84,571
58,644
25,927

22,215
60,063
38,357
25,667
12,690

1,794
5,992
4,336
3,144
1,192

42,729
59,027
85,173
56,133
29,040

454
1,589
4,002
2,534
1,467

12,148
21,790
21,467
12,749
8,718

8,398
11,602
12,220
6,389
5,831

134.3
166.8
171.7
84.1
87.5

3,991
1,269
7,449
4,927
2,522

7,151
1,806
8,058
5,253
2,805

421
277
292
67
225

Machinery.............................

(1)

(2)

(3)

(4)

(5)

(6)

(9)

(11)

124,049

22,227

2,185

87,143

3,405

25,527

19,214

221.2

11,230

12,394

1,939

Computers and electronic products......................................................
Semiconductors and other electronic components.......................
Navigational, measuring, and other instruments...........................
O the r...................................................................................................

82,666
30,709
11,993
39,964

22,011
12,345
2,629
7,038

1,472
752
214
506

56,175
22,849
8,052
25,275

-2,833
1,047
555
-4,435

13,693
5,415
2,952
5,326

10,480
3,466
1,902
5,111

138.8
50.7
24.9
63.2

13,333
7,019
1,885
4,429

13,320
5,792
1,131
6,396

3,838
683
351
2,804

Electrical equipment, appliances, and components..........................
Transportation equipment......................................................................
Motor vehicles, bodies and trailers, and parts................................
O the r...................................................................................................
O the r........................................................................................................

(D)
250,630
190,842
59,788
(D)

8,428
86,496
74,578
11,918
20,243

1,043
23,913
22,203
1,710
2,411

30,422
253,625
208,348
45,277
38,187

2,345
-1,251
-2,329
1,078
-1,274

10,903
44,396
28,528
15,869
12,254

7,311
30,002
17,826
12,177
8,742

74.7
419.4
253.4
166.0
140.4

3,226
37,674
30,175
7,499
(D)

5,454
61,911
57,053
4,858
4,200

446
5,778
2,441
3,336
651

W holesale tra d e ........................................................................................
Motor vehicles and motor vehicle parts and supplies........................
Electrical goods......................................................................................
Petroleum and petroleum products......................................................
O ther........................................................................................................

630,246
154,824
87,632
176,030
211,759

267,884
89,198
20,856
111,810
46,019

43,602
22,217
3,128
12,900
5,357

947,552
187,384
126,556
309,038
324,575

24,199
4,032
966
8,358
10,843

110,338
18,478
16,007
24,400
51,453

54,457
7,349
11,553
5,546
30,008

661.9
86.8
126.7
48.9
399.6

79,424
10,915
13,809
15,545
39,155

321,797
95,443
62,414
50,667
113,272

6,635
464
2,146
(D)
(D)

Retail tra d e .................................................. ..............................................
Food and beverage stores.....................................................................
O th e r........................................................................................................

69,634
31,960
37,675

43,362
27,689
15,674

5,253
2,789
2,464

138,021
81,260
56,761

4,108
3,329
779

32,178
18,943
13,235

17,984
10,487
7,497

529.7
300.9
228.9

656
1
654

6,766
(D)
(D)

(D)
0
(D)

235,697
75,883
86,957
72,857

48,572
6,250
34,781
7,540

6,050
637
4,427
986

90,545
35,406
31,203
23,937

7,007
1,625
1,054
4,328

34,814
14,972
10,723
9,119

21,716
10,554
3,762
7,401

233.5
116.5
53.0
64.0

1,011
(D)
(D)
126

370
(D)
50
(D)

1,252
907
(D)
(D)

9,001,233
3,344,559
4,062,186
1,594,488

63,723
14,478
34,884
14,360

13,894
1,214
11,238
1,443

559,782
180,151
233,461
146,170

-4,349
-3,861
-11,459
10,972

70,132
26,678
22,015
21,439

62,600
11,282
35,408
15,910

382.1
113.5
146.5
122.2

Rental and leasing (except real estate)...............................................

135,927
107,396
28,531

99,570
87,657
11,913

11,996
10,241
1,755

31,569
24,984
6,585

3,254
2,639
615

13,425
9,968
3,457

Professional, scie ntific, and technical s e rv ic e s ................................
Architectural, engineering, and related services................................
Computer systems design and related services................................
Management, scientific, and technical consulting..............................
O the r........................................................................................................

113,998
17,611
28,230
12,064
56,093

13,466
3,241
3,964
518
5,742

1,668
287
597
177
607

72,320
13,234
20,778
4,159
34,149

2,004
366
389
289
959

25,665
5,125
9,140
1,979
9,422

21,638
4,176
8,064
1,703
7,695

239.2
52.7
84.2
14.4
87.9

541
(D)
41
3
(D)

416
227
10
(D)
(D)

2,021
322
390
5
1,305

Other in du strie s.........................................................................................
Mining.........
Utilities........
Construction
Transportation and warehousing..........................................................
Administration, support, and waste management.............................
Health care and social assistance........................................................
Accommodation and food services......................................................
O th e r........................................................................................................

685,101
109,041
101,257
35,941
78,702
57,321
(D)
36,264
(D)

249,388
78,392
69,575
10,485
41,365
12,660
3,250
20,033
13,628

42,903
19,876
8,795
3,189
6,498
1,434
440
1,576
1,095

280,218
39,317
49,535
48,848
57,903
39,208
9,246
25,551
10,611

34,170
6,290
747
-325
1,321
1,874
487
226
23,549

101,876
23,927
10,091
8,561
15,411
22,868
4,910
13,085
3,022

62,807
6,744
2,776
7,104
12,543
17,397
3,410
9,936
2,897

1,452.6
70.4
34.4
79.8
247.5
521.6
65.0
355.9
77.9

6,560
4,714
(D)
159
408
(D)
(D)
(*)
528

9,825
3,573
5,125
219
(D)
(D)
(D)
1
153

387
132
1
(D)
(D)
(D)
(D)
(*)
89

In fo rm a tio n ................
Publishing industries
Telecommunications
O the r.......................
Finance and in s u ra n c e ...........................................................................
Depository credit intermediation (banking)..........................................
Finance, except depository institutions...............................................
Insurance carriers and related activities..............................................
Real estate and rental and leasing

(*) Less than $500,000.
D Suppressed to avoid disclosure of data on individual companies.




38.4
2,468
Real estate.......................................
1,147
21.3
17.2
1,321

(D)0

(D)

(D)
0

0
(D)
O

0
(D)

(*)
(D)

(D)

(D)

10
0
10
(*)

(D)1
(D)

56

U.S. Affiliates of Foreign Companies

November 2010

Table 11.2. Selected Financial and Operating Data of Majority-Owned U.S. Affiliates, by Industry of Affiliate, 2008
Millions of dollars

Total
assets

Gross
property,
plant, and
equipment

(1)

(2)

Millions of dollars

Expenditures
for property,
plant, and
equipment

Sales

Net
income

(3)

(4)

(5)

Value
added

Compensation
of employees

(6)

Thousands of U.S. exports
employees
of goods
shipped by
affiliates

U.S. imports Research and
of goods
development
shipped to performed by
affiliates
affiliates

(7)

(8)

0)

(10)

670,284

408,453

5,593.5

232,413

566,925

40,519

(11)

A ll in d u strie s...............................................................................

11,671,560

1,442,375

187,487

3,448,568

-4,118

M anufa ctu rin g ..........................................................................................

1,500,219

558,736

58,265

1,288,552

14,800

280,329

166,749

2,115.5

131,300

223,993

28,190

Fo od ..........................................
Beverages and tobacco products.......................................................
Paper.........................................
Petroleum and coal products..

79,871
96,861
11,026
115,965

30,205
20,215
11,188
69,207

2,909
1,368
535
10,855

93,263
38,098
13,781
226,817

2,787
3,712
-128
4,480

17,345
16,488
3,182
22,040

9,278
5,692
2,260
5,216

169.6
67.6
32.0
38.1

11,023
990
1,618
(D)

5,164
1,962
1,185
63,080

557
47
43
(D)

Chemicals..............................................................................................
Basic chemicals...................
Pharmaceuticals and medicines.....................................................
O th e r....................................

375,916
77,583
224,890
73,442

127,734
54,436
45,605
27,693

10,222
2,790
4,713
2,719

267,418
76,783
128,049
62,586

8,513
-650
8,311
852

65,577
9,675
43,071
12,832

35,027
5,415
22,307
7,305

305.8
49.8
171.3
84.7

30,048
10,130
12,385
7,533

46,827
15,657
23,105
8,065

14,121
670
12,537
914

Plastics and rubber products.,
Nonmetallic mineral products.............................................................
Primary and fabricated metals
Primary m etals....................
Fabricated metal products..

38,295
103,367
106,130
77,524
28,606

23,596
67,025
46,515
33,433
13,082

1,739
4,990
5,494
4,413
1,081

45,020
57,089
100,600
71,326
29,274

-580
-1,181
1,144
-2 9
1,173

11,611
19,109
23,242
13,952
9,290

8,322
11,716
14,027
7,857
6,171

132.6
157.1
178.3
92.4
85.9

4,541
1,431
8,563
6,152
2,410

7,796
1,277
7,748
4,682
3,067

424
242
364
112
252

Machinery.................................

123,445

23,343

2,813

94,887

1,698

25,474

19,115

241.3

14,257

11,705

2,535

Computers and electronic products....................................................
Semiconductors and other electronic components.....................
Navigational, measuring, and other instruments.........................
O th e r..................................................................................................

99,150
28,821
13,696
56,633

20,915
11,214
2,467
7,234

1,428
674
259
496

60,476
22,129
8,954
29,393

-6,302
884
548
-7,734

12,578
4,706
3,385
4,486

11,071
3,464
1,793
5,815

164.7
49.7
26.8
88.3

13,229
6,595
2,214
4,420

12,823
4,950
1,179
6,694

4,259
783
406
3,070

Electrical equipment, appliances, and components........................
Transportation equipment....................................................................
Motor vehicles, bodies and trailers, and p arts..............................
O th e r..................................................................................................
O the r......................................................................................................

45,603
245,902
189,185
56,717
58,688

9,205
88,517
76,027
12,490
21,072

1,086
12,555
11,125
1,430
2,271

31,792
219,616
166,165
53,451
39,694

2,448
-1,482
-2,454
973
-310

10,795
40,292
24,128
16,164
12,597

7,363
29,132
16,284
12,848
8,531

75.4
420.5
249.1
171.4
132.5

3,236
26,574
19,899
6,675
(D)

5,476
54,218
49,061
5,157
4,732

499
4,015
1,444
2,571
(D)

W holesale tra d e .......................................................................................
Motor vehicles and motor vehicle parts and supplies......................
Electrical goods.....................................................................................
Petroleum and petroleum products.....................................................
O th e r......................................................................................................

695,840
172,303
96,195
188,072
239,270

287,568
92,889
22,307
124,441
47,930

47,913
19,055
2,898
20,150
5,810

1,019,137
189,130
132,091
364,985
332,932

22,913
3,275
-2,868
13,537
8,969

116,400
17,706
16,856
31,795
50,043

55,753
8,027
11,964
5,735
30,027

648.8
82.7
130.7
43.1
392.2

89,824
11,896
15,939
19,267
42,722

322,319
95,744
64,165
49,974
112,437

7,404
357
2,406
(D)
(D)

Retail tra d e ................................................................................................
Food and beverage stores...................................................................
O the r......................................................................................................

68,003
31,270
36,733

41,430
26,719
14,711

4,497
2,455
2,042

120,905
67,607
53,299

1,485
1,321
164

27,468
16,685
10,783

14,469
8,321
6,147

464.4
273.0
191.5

700
4
696

7,303
(D)
(D)

(D)
0
(D)

Inform ation................................................................................................
Publishing industries.............................................................................
Telecommunications.............................................................................
O the r..............

254,337
97,448
82,866
74,024

53,351
6,802
38,330
8,219

7,097
748
5,270
1,079

101,672
40,415
35,515
25,742

-1,106
-3,309
527
1,675

35,771
14,119
11,347
10,305

23,517
11,420
4,113
7,984

249.1
122.1
59.2
67.8

968
(D)
(D)
127

644
544
48
52

2,108
1,760
(D)
(D)

Finance and in surance...........................................................................
Depository credit intermediation (banking).......................................
Finance, except depository institutions..............................................
Insurance carriers and related activities............................................

8,111,541
3,327,327
3,296,619
1,487,595

75,019
20,411
39,698
14,910

14,790
1,867
11,694
1,229

494,441
158,372
189,366
146,702

-63,322
-13,469
-34,303
-15,550

61,996
23,756
9,001
29,238

56,720
12,196
28,845
15,679

407.5
128.2
147.8
131.5

0
0
0
0

(*)
0
0
(*)

8
0
7
1

Real estate and rental and leasing......................................................
Real estate............................................................................................
Rental and leasing (except real estate).............................................

140,526
116,194
24,332

109,793
97,501
12,292

10,705
8,837
1,868

24,925
18,094
6,831

-781
-807
27

13,171
9,686
3,485

2,759
1,400
1,359

39.4
23.4
16.0

(D)

(D)

(D)
(D)
(D)

Professional, scie ntific, and technical s e rv ic e s ..............................
Architectural, engineering, and related services..............................
Computer systems design and related services...............................
Management, scientific, and technical consulting...........................
O th e r......................................................................................................

120,883
20,195
29,354
11,362
59,972

14,631
3,362
4,213
910
6,146

1,819
322
488
433
576

78,727
14,824
23,604
4,431
35,868

2,449
455
313
498
1,183

26,870
5,518
9,413
1,746
10,193

22,525
4,293
8,369
1,794
8,068

248.3
55.7
86.5
15.9
90.3

565
(D)
(D)
4
(D)

348
145
6
(D)

(D)

2,347
279
311
5
1,752

O ther in d u s trie s .......................................................................................
Mining.....................................................................................................
Utilities....................................................................................................
Construction......................................................
Transportation and warehousing....................
Administration, support, and waste management............................
Health care and social assistance..................
Accommodation and food services................
O th e r..................................................................

780,211
136,329
152,889
34,617
87,402
55,605
13,641
37,171
262,557

301,848
93,790
98,249
9,932
48,182
13,496
3,578
20,584
14,037

42,401
16,971
12,138
2,500
5,639
1,430
497
1,559
1,667

320,210
48,456
64,568
51,545
65,997
40,019
10,102
27,148
12,375

19,444
8,148
-1,422
-503
-1,343
2,007
515
410
11,632

108,280
25,907
12,740
7,450
17,828
21,387
5,263
13,819
3,885

65,960
7,125
4,090
6,617
14,598
16,247
3,735
10,431
3,119

1,420.5
76.1
50.2
73.4
233.5
475.2
68.4
366.1
77.5

(D)
6,390

(D)
5,437
5,560
219
(D)

410
170
8
15
(D)

(D)

(D)

(D)

(D)
1
139

(D)
(D)
(*)

(*) Less than $500,000.
D Suppressed to avoid disclosure of data on individual companies.




(D)0

(D)
(D)
(D)

(*)
544

(D)2

87

November 2010

S urvey

57

C u r r e n t B u s in e s s

of

Table 12.1. Selected Data of Majority-Owned U.S. Affiliates, by Country of Ultimate Beneficial Owner, 2007
Millions of dollars

Millions of dollars

Total
assets

Gross
property,
plant, and
equipment

Expenditures
for property,
plant, and
equipment

Sales

Net
income

Value
added

Thousands of U.S. exports
employees
of goods
Compensation
shipped by
of employees
affiliates

U.S. imports Research and
of goods
development
shipped to performed by
affiliates
affiliates

(5)

(6)

(7)

(8)

(9)

(10)

A ll c o u n trie s ................................................................................

12,232,719

1,293,735

189,833

3,340,722

115,084

680,605

408,273

5,588.2

217,560

550,917

Canada .......................................................................................................

1,056,121

134,463

20,864

250,887

9,054

64,310

36,566

546.0

11,492

35,057

1,574

E urop e ........................................................................................................
B elgium ..................................................................................................
Denmark.................................................................................................
Finland.....................................................................................................
France .....................................................................................................

9,280,830
156,105
28,572
(D)
1,324,643

740,059
13,996
5,063
4,575
73,926

110,087
1,570
842
419
7,068

2,039,602
46,173
14,531
19,862
264,887

70,643
2,455
254
621
8,941

430,651
14,671
3,512
3,866
63,392

270,544
5,298
2,423
2,587
41,472

3,627.3
143.5
23.5
27.4
544.2

114,039
1,826
998
1,321
11,020

208,007
3,826
4,357
7,439
17,841

31,330
353
368
371
5,589

Germany.................................................................................................
Ireland.....................................................................................................
Italy...
Netherlands............................................................................................

1,832,881
58,511
137,931
969,227

201,889
11,179
25,087
74,367

43,412
874
7,404
8,664

449,334
24,404
36,750
326,904

1,711
204
374
14,136

87,013
7,105
8,239
45,200

55,937
4,788
4,708
27,376

653.1
68.4
81.4
370.9

42,253
294
3,494
13,549

71,322
462
6,099
33,336

5,893
257
358
1,729

S pain.......................................................................................................
Sweden
Switzerland..
United Kingdom.....................................................................................
O th e r...........

258,506
81,635
2,015,797
2,269,210
(D)

11,131
14,312
53,458
222,308
28,768

2,057
1,545
6,733
22,486
7,012

25,316
51,744
225,886
510,593
43,219

555
1,115
-1,443
42,168
-447

4,497
13,614
50,315
120,864
8,363

2,659
9,032
39,070
70,788
4,406

58.6
191.8
406.8
977.2
80.5

964
5,459
8,233
22,663
1,965

877
6,843
15,464
34,746
5,394

40
388
6,395
9,470
119

Latin Am erica and O ther Western Hem isphere................................

424,325

70,198

9,188

181,709

9,659

50,030

28,842

376.4

10,597

36,113

1,666

South and Central Am erica..................................................................
Brazil
...........................................................................................
Mexico
Venezuela
Other ,

100,128
29,156
33,659
22,894
14,418

24,407
4,879
9,154
(D)
(D)

3,124
1,184
1,112
(D)
(D)

94,074
24,783
19,934
(D)
(D)

3,079
76
838
(D)
(D)

17,336
2,690
5,310
6,489
2,847

7,437
1,588
2,799
779
2,271

129.8
30.1
43.8
6.4
49.4

4,009
1,828
951
(D)
(D)

30,884
5,613
3,665
(D)
(D)

(D)
(*)
6
0
(D)

Other Western Hemisphere..................................................................
Bermuda................ ............................................................................
United Kingdom Islands, Caribbean...............................................
O the r..................................................................................................

324,196
207,205
106,618
10,374

45,791
33,709
7,580
4,501

6,064
4,441
1,002
621

87,635
61,731
17,285
8,619

6,580
3,651
1,635
1,294

32,695
22,335
5,039
5,321

21,405
15,595
2,898
2,911

246.6
190.3
31.8
24.5

6,588
(D)
218
(D)

5,230
(D)
(D)
265

(D)
(D)
(D)
(D)

A fr ic a ..........................................................................................................
South Africa............................................................................................
Other

5,228
3,467
1,760

3,902
3,553
348

120
96
24

7,222
(D)
(D)

-1 6
(D)
(D)

1,144
1,087
58

695
651
44

7.4
6.9
0.5

567
(D)
(D)

186
185
1

(D)
(D)
0

Middle East
Israel........................................................................................................
Saudi Arabia............
United Arab Em irates...........................................................................
O ther........................

121,750
54,080
30,629
21,419
15,622

35,125
3,819
15,512
7,543
8,251

4,816
548
1,635
863
1,770

79,445
15,011
48,595
6,755
9,085

3,540
230
3,059
318
-6 8

15,166
3,172
8,275
991
2,729

4,429
1,412
957
582
1,477

73.7
20.8
7.4
17.9
27.6

2,197
238
1,654
87
218

(D)
1,813
(D)
138
496

306
149
108
0
49

A sia and P acific........................................................................................
Australia..................................................................................................
China
Hong Kong..............................................................................................
India.........................................................................................................
Japan.......................................................................................................
Korea, Republic o f.................................................................................
Singapore...............................................................................................
Taiwan....................................................................................................
Other

1,258,150
146,728
5,718
13,076
(D)
986,593
37,518
18,845
32,856
(D)

279,287
49,634
409
5,563
1,408
199,171
12,609
2,742
5,299
2,452

43,122
4,370
42
587
428
34,356
2,647
294
246
153

713,591
40,420
2,139
12,888
7,381
564,530
58,656
9,493
12,512
5,572

20,754
5,753
124
64
8
13,786
338
275
266
141

108,520
11,050
159
2,552
1,776
84,535
3,595
1,930
1,584
1,338

60,797
5,765
98
1,588
1,530
47,079
1,670
1,267
967
832

888.4
76.5
1.4
26.2
26.5
682.1
24.8
19.8
15.9
15.3

68,467
3,062
21
582
357
52,196
10,248
698
959
344

233,062
2,238
153
2,845
546
182,407
38,060
1,230
3,717
1,865

5,069
170
0
(D)
6
4,416
215
69
110
(D)

86,315

30,702

1,636

68,266

1,450

10,782

6,401

69.0

10,201

(D)

(D)

7,234,894
84,368

670,879
36,893

99,063
4,253

1,786,783
97,730

72,519
5,634

376,066
16,670

229,341
2,578

3,194.9
35.3

104,436
(D)

189,242
(D)

24,854
108

(1)

United States
Addenda:
European Union (2 7 )1.........................................................................
OPEC 2...................................................................................................

(2)

(3)

(4)

(11)
40,967

(*) Less than $500,000.
D Suppressed to avoid disclosure of data on individual companies.
1. The European Union (27) comprises Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal,
Romania, Slovakia, Slovenia, Spain, Sweden, the United Kingdom.
2. OPEC is the Organization of Petroleum Exporting Countries. In 2007, its members were Algeria, Angola, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Ecuador rejoined OPEC in
November 2007, but is not included as a member in this annual tabulation.




U.S. Affiliates of Foreign Companies

58

November 2010

Table 12.2. Selected Data of Majority-Owned U.S. Affiliates, by Country of Ultimate Beneficial Owner, 2008
Millions of dollars

Millions of dollars

Total
assets

Gross
property,
plant, and
equipment

(1)

(2)

Expenditures
for property,
plant, and
equipment

Sales

Net
income

(4)

Value
added

Thousands of U.S. exports
employees
Compensation
of goods
of employees
shipped by
affiliates

U.S. imports Research and
of goods
development
shipped to performed by
affiliates
affiliates

(5)

(6)

(7)

(8)

(9)

(10)

1,442,375

187,487

3,448,568

-4,118

670,284

408,453

5,593.5

232,413

566,925

153,428

19,304

256,319

2,186

62,554

35,651

515.9

9,557

33,932

1,435

8,590,080
241,723
41,045
55,442
1,263,179

829,422
25,452
6,274
5,059
79,615

107,725
2,467
647
327
7,428

2,063,938
66,702
16,228
20,500
278,483

-15,099
-6,463
154
503
2,762

423,365
17,294
4,011
4,407
57,521

266,218
8,609
2,905
2,960
40,827

3,614.5
179.3
26.8
31.5
550.2

120,466
1,960
1,267
1,713
12,217

214,937
4,251
4,898
7,658
19,402

30,276
470
418
587
5,978

Germany..................................................................................................
Ireland.....................................................................................................
Italy..........................................................................................................
Netherlands............................................................................................

1,583,013
88,431
174,812
883,357

215,943
12,172
26,552
79,796

32,685
1,064
3,554
9,976

394,109
27,784
38,577
331,578

-11,458
-1,288
1,383
-1,687

82,445
6,681
9,012
56,173

52,311
4,657
4,871
26,241

614.2
66.2
86.5
371.5

34,547
224
3,708
19,373

65,472
514
5,879
37,259

5,520
280
391
1,789

S pain.......................................................................................................
Sweden............
Switzerland.....
United Kingdom......................................................................................
O th e r...............

265,285
70,690
1,654,932
2,171,515
96,655

24,688
14,816
61,274
240,229
37,551

4,398
1,439
6,712
29,921
7,107

31,599
51,747
212,525
543,771
50,335

-809
995
-12,792
16,519
-2,919

6,176
13,446
48,836
108,820
8,544

3,930
9,000
36,496
68,181
5,232

66.8
181.5
394.4
957.4
88.5

1,135
5,398
9,142
27,726
2,057

1,436
6,934
16,252
39,027
5,952

54
321
6,926
7,369
175

Latin Am erica and O ther Western H e m isphere................................

401,953

81,334

9,568

197,282

3,360

51,391

30,997

377.4

11,788

37,882

1,796

South and Central A m erica..................................................................
B ra zil...................................................................................................
Mexico................................................................................................
Venezuela.................................................................................... ......
Other

110,363
36,212
36,988
21,523
15,640

31,659
7,259
12,946
(D)
(D)

3,410
1,141
855
(D)
(D)

102,141
29,156
20,879
(D)
(D)

578
-1,189
614
(D)
(D)

16,949
3,805
5,858
5,062
2,224

7,633
2,162
2,946
765
1,759

114.0
42.2
46.2
6.4
19.3

32,070
3,950
3,565
(D)
(D)

(D)
(*)
9
0
(D)

Other Western Hemisphere..................................................................
Bermuda............... .'............................................................................
United Kingdom Islands, Caribbean...............................................
O the r...................................................................................................

291,590
238,206
40,988
12,396

49,676
36,680
8,015
4,981

6,158
3,885
1,458
814

95,141
70,890
12,828
11,423

2,782
1,632
238
911

34,442
24,494
4,486
5,463

23,364
17,530
2,636
3,198

263.4
208.5
30.1
24.8

5,268
2,553
1,086
(D)
(D)
6,520
(D)
112
(D)

5,812
(D)
(D)
158

(D)
1,224
108
(D)

Africa
South Africa............................................................................................
O the r...

5,116
3,732
1,384

3,794
3,709
86

188
177
11

7,443
(D)
(D)

204
(D)
(D)

1,257
1,249
7

625
606
20

6.6
6.5
0.2

797
797

176
176

(D)
(D)
(D)

Middle East................................................................................................
Israel........................................................................................................
Saudi Arabia...........................................................................................
United Arab Emirates............................................................................
O th e r.......................................................................................................

135,980
66,001
26,224
22,849
20,906

43,336
6,776
18,096
8,921
9,542

6,851
852
(D)
1,011
(D)

96,610
17,463
65,727
4,143
9,278

-5,845
-2,078
-788
-2,543
-435

11,519
2,349
5,773
853
2,543

4,472
1,489
841
561
1,581

77.4
23.7
7.0
18.3
28.3

2,256
265
1,550
156
285

(D)
2,192
(D)
97
723

356
201
107
0
49

Asia and Pacific
Australia...................................................................................................
China...
Hong Kong..............................................................................................
India.........................................................................................................
Japan.......................................................................................................
Korea, Republic o f.................................................................................
Singapore...............................................................................................
Taiwan.
O the r.......................................................................................................

1,351,370
169,185
6,583
13,589
(D)
1,026,574
41,213
34,942
33,180
(D)

298,518
50,607
681
5,742
2,424
212,674
14,498
2,828
5,181
3,884

42,139
3,589
54
556
616
33,745
2,887
185
194
314

748,908
40,873
2,776
12,805
9,355
590,923
58,741
12,444
11,248
9,743

10,612
3,517
-1 3
131
123
8,623
-1,657
83
-151
-4 4

109,509
10,569
230
2,346
2,338
87,651
1,966
1,149
1,351
1,908

63,741
5,249
154
1,443
1,837
49,326
2,002
1,325
1,098
1,307

928.8
81.5
2.4
25.2
30.3
691.0
27.4
32.0
16.8
22.3

77,411
3,572
28
659
573
60,031
10,849
273
794
634

232,795
2,170
167
2,537
505
183,836
37,928
566
3,042
2,046

5,444
140
8
(D)
10
4,637
261
120
120

United States.............................................................................................

92,014

32,543

1,712

78,068

464

10,690

6,749

72.8

10,138

(D)

(D)

Addenda:
European Union (2 7 )1 ..........................................................................
OPEC 2....................................................................................................

6,881,802
81,613

746,201
42,175

96,832
6,237

1,816,863
115,241

-1,089
-2,398

369,712
12,268

226,932
2,440

3,186.4
35.5

110,011
(D)

194,946
(D)

23,223
(D)

A ll co u n trie s.................................................................................

11,671,560

Canada........................................................................................................

1,095,047

E uro p e ....
Belgium
Denmark
Finland.,
France......................................................................................................

(3)

(*)

(11)

0

40,519

(D)

(*) Less than $500,000.
D Suppressed to avoid disclosure of data on individual companies.
1. The European Union (27) comprises Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal,
Romania, Slovakia, Slovenia, Spain, Sweden, the United Kingdom.
2. OPEC is the Organization of Petroleum Exporting Countries. In 2008, its members were Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.




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U.S. Departmeot of Commerce

B u r e a u o f E c o n o m ic A n a ly sis

a -




B E A o n th e W e b
U.S. Economy at a Glance
Latest statistics
Interactive tables and charts
FAQs
News releases and publications
Resources

w w w .b e a .g o v

D-1

November 2010

BEA

C u rre n t a n d

H is to ric a l D a ta

A selection of estimates from the national, industry, international, and regional accounts of the Bureau of Economic
Analysis (BEA) are presented in this section. BEA’s estimates are not copyrighted and may be reprinted without BEA’s
permission. Citing the
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.
S u r v e y o f C u r r e n t B u s in e s s

The tables present annual [A], quarterly [Q], and monthly [M] data.
National Data
A. Selected NIPA tables [A,Q]

1. Domestic product and income..............................D-2
2. Personal income and outlays.................................D-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

B. NIPA-related table

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
E. Industry table

E.l Value added by industry [A]................................D-61

International Data
F. Transactions tables

F. 1 U.S. international transactions in goods
and services [A, M ]...........................................D-62
F.2 U.S. international transactions [A, Q]................ D-63
F.3 U.S. international transactions by area [Q]........D-64
F.4 Private services transactions [A]..........................D-67




G. Investment tables [A]

G.l U.S. international investment position............. D-68
G.2 USDIA: Selected items........................................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

The United States in the international economy.....D-73

Regional Data
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

J. Local area tables

1.1 Personal income and per capita personal income
by metropolitan area [A]..................................D—78
1.2 Gross domestic product by metropolitan area
for industries [A]...............................................D-83

K. Charts

Selected regional estimates.........................................D-87

Appendixes
A. Additional information about the NIPA estimates

Statistical conventions................................................D-89
Reconciliation table [A, Q ]........................................D-90
B. Suggested reading...............................................D-91

D-2

November 2010

National Data
A. Selected NIPA Tables

The selected set of NIPA tables presents the most recent estimates of gross domestic product (GDP) and its
components, which were released on October 29, 2010. These estimates include the “advance” estimates for the
third quarter of 2010.
The selected set presents quarterly estimates that are updated monthly. Annual estimates are presented in
most of the tables.
The GDP news release is available on BEA’s Web site within minutes after the release. To receive an e-mail no­
tification of the release, go to www.bea.gov and subscribe. The “Selected NIPA Tables” are available later that
day.

1. Domestic Product and Income

Table 1.1.1. Percent Change From Preceding Period in Real
Gross Domestic Product

Table 1.1.2. Contributions to Percent Change
in Real Gross Domestic Product

[Percent]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

Gross dom estic p ro d u c t........
Personal consum ption
e xp e n d itu re s .................................
Goods..............................................
Durable goods...........................
Nondurable goods.....................
S ervices..........................................
Gross private dom estic
in vestm ent.....................................
Fixed investment............................
Nonresidential...........................
Structures...............................
Equipment and software.......
Residential..................................

1

0.0

-2 .6

IV
1.6

Seasonally adjusted at annual rates

2010
I

II

Line

/
8
9
10
11
12
n

2009
III

5.0

3.7

1.7

2.0

Percent change at annual rate:

2.2
3.4
6.8
1.9
1.6

2.6
2.8
6.1
1.3
2.5

Percentage poin ts at annual rates:

-0.3
-2.5
-5 .2
-1.1
0.9

-1 .2
-2 .0
-3 .7
-1 .2
-0 .8

2.0
7.2
20.1
1.7
-0.5

0.9
1.7
-1.1
3.1
0.5

1.9
5.7
8.8
4.2
0.1

-9 .5
-6 .4
0.3
5.9
-2 .4
-24.0

-22.6
-18.3
-17.1
-20.4
-15.3
-22.9

11.8
0.7
-1 .7
-12.4
4.2
10.6

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

12.8
0.8
9.7
3.9
12.0
-29.1

Net exports o f goods and services
Exports............................................
Goods..........................................
S ervices.....................................
Im ports............................................
G oods..........................................
S ervices.....................................

14
1b
16
17
18
19
20

6.0
6.3
5.3
-2 .6
-3 .5
2.4

-9 .5
-12.0
-3 .9
-13.8
-15.8
-4 .2

12.2
18.7
0.1
21.9
27.4
1.5

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

5.0
3.4
8.6
17.4
18.1
14.1

G overnment c o nsum ption
expenditures and gross
investm ent.....................................
Federal........
National defense........................
Nondefense
State and local................................

21
22
23
24
25

2.8
7.3
7.5
6.7
0.3

1.6
5.7
5.4
6.5
-0 .9

1.6
5.7
9.0
-0.9
-1 .0

-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

3.4
8.8
8.5
9.6
-0 .2

Addendum :
Gross domestic product, current
dollars..........................................

26

2.2

-1 .7

2.3

4.7

4.8

3.7

4.2




2009

III

2010
IV

I

II

III

1

0.0

-2.6

1.6

5.0

3.7

1.7

2.0

Personal consum ption
e xp e n d itu re s .................................
Goods..............................................
Durable goo ds...........................
Nondurable g oo d s.....................
Services...........................................

2
3
4
5
6

-0.18
-0.60
-0 .42
-0.18
0.41

-0.84
-0.46
-0 .27
-0.18
-0.38

1.41
1.62
1.35
0.27
-0.21

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

1.79
0.64
0.44
0.20
1.15

G ross private dom estic
in vestm en t.....................................
Fixed investment............................
Nonresidential............................
Structures...............................
Equipment and software......
Residential..................................
Change in private inventories......

7
8
9
10
11
12
13

-1.53
-1.02
0.03
0.22
-0.19
-1.05
-0.51

-3.24
-2.69
-1.96
-0.81
-1.15
-0.74
-0.55

1.22
0.12
-0.13
-0.41
0.28
0.25
1.10

2.70
-0.12
-0.10
-1.01
0.91
-0.02
2.83

3.04
0.39
0.71
-0.53
1.24
-0.32
2.64

2.88
2.06
1.51
-0.01
1.52
0.55
0.82

1.54
0.10
0.91
0.10
0.80
-0.80
1.44

Net e xpo rts of goods and services
E xports............................................
G oods..........................................
Services......................................
Imports.............................................
G oods..........................................
Services......................................

14
15
16
17
18
19
20

1.18
0.72
0.53
0.19
0.46
0.52
-0.07

1.13
-1.18
-1.04
-0.15
2.32
2.20
0.12

-1.37
1.30
1.29
0.01
-2.67
-2.64
-0.03

1.90
2.56
2.19
0.37
-0.66
-0.68
0.02

-0.31
1.30
1.09
0.21
-1.61
-1.41
-0.20

-3.50
1.08
0.93
0.15
-4.58
-4.46
-0.12

-2.01
0.61
0.29
0.32
-2.61
-2.25
-0.37

G overnment c o nsum ption
expenditures and gross
in vestm en t.....................................
Federal.............................................
National defense........................
Nondefense................................
State and local................................

21
22
23
24
25

0.54
0.51
0.36
0.15
0.04

0.32
0.43
0.27
0.16
-0.11

0.33
0.45
0.48
-0.03
-0.12

-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

0.68
0.71
0.46
0.25
-0.03

G ross dom estic p ro d u c t........
3
4
5
6

2008

November 2010

Survey

of

D-3

C u r r e n t B u s in e s s

Table 1.1.3. Real Gross Domestic Product, Quantity Indexes

Table 1.1.4. Price Indexes for Gross Domestic Product

[Index numbers, 2005=100]

[Index numbers, 2005=100]
Seasonally adjusted

Line

2008

2009

2009

Seasonally adjusted

2010

Line

2008

2009

2009

2010

III

IV

I

II

III

III

IV

I

II

III

Gross dom estic p roduct

1

104.672

101.917

101.760

103.012

103.960

104.403

104.924

G ross dom estic product

1

108.598

109.618

109.759

109.693

109.959

110.485

111.108

Personal co nsum ption
e xp e n d itu re s........................
Goods......................................
Durable goods...................
Nondurable g oods............
S ervices.................................

2
3
4
5
6

105.057
103.462
102.798
103.698
105.870

103.797
101.416
99.011
102.487
105.006

103.885
102.092
101.159
102.460
104.797

104.126
102.533
100.870
103.247
104.936

104.608
103.952
103.025
104.321
104.952

105.178
104.837
104.735
104.823
105.366

105.846
105.565
106.304
105.160
106.006

Personal consum ption
e x p e n d itu re s ........................
G oods.....................................
Durable goo ds...................
Nondurable g oo d s ............
Services..................................

2
3
4
5
6

109.061
106.262
95.340
112.484
110.566

109.258
103.634
93.782
109.262
112.233

109.598
104.403
93.450
110.624
112.355

110.333
105.120
93.603
111.651
113.102

110.901
105.784
93.121
112.949
113.620

110.888
104.812
92.755
111.638
114.116

111.166
105.064
92.234
112.325
114.408

Gross private dom estic
investm ent.............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment and software
Residential.........................
Change in private inventories

7
8
9
10
11
12
13

90.105
94.096
115.532
131.976
108.681
57.324

69.778
76.835
95.804
105.064
92.035
44.220

68.800
76.447
95.216
103.911
91.716
44.185

73.000
76.198
94.879
95.310
94.895
44.092

77.811
76.826
96.677
90.761
99.408
42.670

82.474
80.219
100.592
90.649
105.067
45.177

84.986
80.383
102.957
91.515
108.085
41.455

Gross private dom estic
investm ent............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment and software
Residential.........................
Change in private inventories

7
8
9
10
11
12
13

106.977
107.053
106.984
125.460
100.083
106.361

104.873
105.260
105.700
122.187
99.620
102.736

103.656
104.294
104.768
119.654
99.344
101.637

103.466
104.030
104.144
119.017
98.721
102.712

102.952
103.661
103.639
119.291
97.954
102.869

102.765
103.487
103.636
119.887
97.764
102.030

102.875
103.539
103.730
120.665
97.651
101.907

Net e xpo rts o f g oods and
se rv ic e s .................................
Exports...................................
Goods.................................
Services............................
Im ports...................................
Goods.................................
S ervices.............................

14
15
16
17
18
19
20

126.255
127.649
123.095
106.113
105.189
111.167

114.228
112.377
118.303
91.418
88.615
106.461

114.174
112.474
117.933
92.752
90.324
105.915

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

128.138
129.014
126.292
107.859
107.056
112.572

Net e xports o f g oods and
s e rv ic e s .................................
E xports...................................
Goods.................................
Services..............................
Imports....................................
G oods.................................
Services..............................

14
15
16
17
18
19
20

111.874
111.970
111.643
118.685
119.603
113.921

105.877
104.403
109.172
105.987
104.908
110.711

106.212
104.892
109.164
105.879
104.680
111.179

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

110.180
109.098
112.568
109.936
109.033
114.152

G overnment consum ption
expenditures and gross
investm ent.............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................

21
22
23
24
25

105.605
110.900
111.653
109.326
102.611

107.287
117.266
117.648
116.467
101.688

107.991
119.085
120.237
116.687
101.770

107.613
119.091
119.477
118.283
101.179

107.185
119.634
119.582
119.738
100.213

108.228
122.276
121.732
123.410
100.367

109.125
124.891
124.229
126.271
100.310

Government consum ption
expenditures and gross
in vestm ent............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................

21
22
23
24
25

115.009
111.119
112.109
109.077
117.349

114.644
110.895
111.342
109.984
116.892

114.635
110.716
111.153
109.822
116.998

115.067
111.141
111.590
110.222
117.434

116.358
112.375
113.046
110.997
118.760

116.606
112.615
113.377
111.053
119.014

116.734
112.718
113.489
111.138
119.158

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

2008

2009

2009
III

Gross dom estic product
Personal consum ption
e xp e n d itu re s........................
Goods.....................................
Durable goods...................
Nondurable goods............
S ervices.................................

Line

2010
IV

I

II

2008

2009

2009
III

III

2010
IV

I

II

III

14,119.0 14,114.7 14,277.3 14,446.4 14,578.7 14,730.2

G ross dom estic product

2 10,104.5 10,001.3 10,040.7 10,131.5 10,230.8 10,285.4 10,376.7
3 3,379.5 3,230.7 3,276.1
3,312.9 3,380.0 3,377.5 3,409.0
4 1,083.5
1,060.7
1,074.1
1,084.1
1,026.5
1,045.2
1,043.9
5 2,296.0 2,204.2 2,231.0 2,269.0 2,319.3 2,303.4 2,325.0
6 6,725.0 6,770.6 6,764.6 6,818.6 6,850.9 6,907.9 6,967.6

Personal consum ption
e xp e n d itu re s ........................
G oods.....................................
Durable g oo ds...................
Nondurable goo ds ............
Services..................................

2
3
4
5
6

9,265.0
3,180.3
1,136.4
2,041.2
6,082.3

9,153.9
3,117.4
1,094.6
2,017.4
6,032.7

9,161.6
3,138.2
1,118.3
2,016.9
6,020.7

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

9,334.6
3,245.0
1,175.2
2,070.0
6,090.1

1 14,369.1

1 13,228.8 12,880.6 12,860.8 13,019.0 13,138.8 13,194.9 13,260.7

Gross private dom estic
investm ent............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment and software
Residential.........................
Change in private inventories

/
8
9
10
11
12
13

2,096.7
2,137.8
1,665.3
582.4
1,082.9
472.5
-41.1

1,589.2
1,716.4
1,364.4
451.6
912.8
352.1
-127.2

1,548.5
1,691.8
1,343.8
436.6
907.2
348.0
-143.3

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

1,896.1
1,765.9
1,438.5
387.7
1,050.9
327.4
130.2

G ross private dom estic
in vestm en t............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment and software
Residential.........................
Change in private inventories

7
8
9
10
11
12
13

1,957.3
1,997.0
1,556.6
464.2
1,082.0
444.2
-37.6

1,515.7
1,630.7
1,290.8
369.6
916.3
342.7
-113.1

1,494.5
1,622.4
1,282.9
365.5
913.1
342.4
-128.2

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

1,846.1
1,706.0
1,387.2
321.9
1,076.1
321.3
115.5

Net e xpo rts o f goods and
s e rv ic e s .................................
Exports...................................
Goods.................................
Services.............................
Im ports...................................
Goods.................................
Services.............................

14
15
16
17
18
19
20

-710.4
1,843.4
1,295.1
548.3
2,553.8
2,148.8
405.0

-386.4
1,578.4
1,063.1
515.3
1,964.7
1,587.8
376.9

-408.3
1,582.1
1,068.6
513.6
1,990.5
1,613.8
376.6

-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

-561.5
1,842.1
1,274.9
567.1
2,403.5
1,992.5
411.0

Net e xpo rts o f g oods and
s e rv ic e s .................................
E xports...................................
Goods.................................
Services..............................
Imports....................................
Goods.................................
Services..............................

14
15
16
17
18
19
20

-504.1
1,647.7
1,156.6
491.1
2,151.7
1,796.6
355.5

-363.0
1,490.7
1,018.2
472.0
1,853.8
1,513.5
340.5

-390.8
1,490.0
1,019.1
470.5
1,880.8
1,542.7
338.7

-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

-514.9
1,672.3
1,169.0
503.9
2,187.2
1,828.5
360.0

G overnment consum ption
expenditures and gross
in vestm ent............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................
Residual......................................

21
22
23
24
25
26

2,502.7
971.8
657.7
314.0
1,532.6
16.2

2,542.6
1,027.6
693.0
334.6
1,518.8
37.8

2,559.3
1,043.5
708.3
335.2
1,520.0
40.4

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

2,586.1
1,094.4
731.8
362.7
1,498.2
13.5

G overnment consum ption
expenditures and gross
investm ent.............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................




21
22
23
24
25

2,878.3
1,079.9
737.3
342.5
1,798.5

2,914.9
1,139.6
771.6
368.0
1,775.3

2,933.8
1,155.4
787.3
368.1
1,778.4

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

3,018.9
1,233.6
830.5
403.1
1,785.3

N ote . Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses
weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is
the difference between the first line and the sum of the most detailed lines.

D-4

National Data

Table 1.1.7. Percent Change From Preceding Period
in Prices for Gross Domestic Product

November 2010

Table 1.1.8. Contributions to Percent Change in the
Gross Domestic Product Price Index

[Percent]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

Seasonally adjusted at annual rates

2010
IV

I

II

Line

2009

2009
III

Gross dom estic product

1

2.2

0.9

0.7

-0 .2

1.0

1.9

2.3

Personal consum ption
e xp e n d itu re s ........................
Goods.....................................
Durable goods...................
Nondurable g oods............
S ervices.................................

2
3
4
5
6

3.3
3.2
-1 .4
5.6
3.4

0.2
-2 .5
-1 .6
-2.9
1.5

2.9
5.7
-2.5
9.7
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

1.0
1.0
-2.2
2.5
1.0

Gross private dom estic
investm ent.............................
Fixed investment....................
Nonresidential...................
Structures......................
Equipment and software
Residential.........................
Change in private inventories

/
8
9
10
11
12
13

0.7
0.8
1.4
4.7
-0 .2
-1.2

-2 .0
-1.7
-1 .2
-2 .6
-0.5
-3 .4

-6.0
-4.8
-5.1
-10.5
-2 .4
-3 .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

0.4
0.2
0.4
2.6
-0 .5
-0 .5

Net exports o f g oods and
s e rv ic e s .................................
Exports...................................
G oods.................................
S ervices.............................
Im ports...................................
G oods.................................
S ervices.............................

14
15
16
17
18
19
20

4.7
4.8
4.2
10.4
11.3
5.7

-5 .4
-6 .8
-2.2
-10.7
-12.3
-2.8

4.6
4.8
4.0
8.6
9.2
6.2

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

0.4
0.5
0.3
-7.9
-9.1
-2.3

Government consum ption
expenditures and gross
investm ent.............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................

21
22
23
24
25

4.7
3.1
3.6
2.2
5.6

-0 .3
-0 .2
-0 .7
0.8
-0 .4

0.4
-0.1
0.3
-1.0
0.8

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

0.4
0.4
0.4
0.3
0.5

?fi

2.2

0.9

0.8

-0.2

1.0

1.9

27
28

2.2
2.2

0.9
0.9

0.7
0.7

-0 .3
-0 .3

1.1
1.0

2.0
1.9

Addenda:
Im p licit price deflators:
Gross domestic p ro d u ct1
Gross national p ro d u ct1

2008

III

2.2

2010
IV

I

II

III

Percent change at annual
rate:
1

2.2

0.9

0.7

-0 .2

1.0

1.9

2.3

Personal consum ption
e xp e n d itu re s ........................
G oods.....................................
Durable goo ds...................
Nondurable g oo ds............
Services..................................

2
3
4
5
6

2.31
0.76
-0.12
0.88
1.55

0.13
-0 .58
-0.12
-0 .46
0.71

1.98
1.22
-0.19
1.41
0.76

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

0.72
0.23
-0.17
0.39
0.49

Gross private dom estic
in vestm en t............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment and software
Residential.........................
Change in private inventories

7
8
9
10
11
12
13

0.11
0.12
0.16
0.18
-0.02
-0.05
0.00

-0 .25
-0.23
-0 .13
-0 .10
-0.03
-0.10
-0.02

-0.63
-0.61
-0.53
-0.37
-0.16
-0.08
-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

0.06
0.03
0.04
0.07
-0 .03
-0.01
0.03

Net e xpo rts o f g oods and
s e rv ic e s .................................
E xports...................................
Goods.................................
Services..............................
Imports....................................
Goods.................................
Services..............................

14
15
16
17
18
19
20

-1.16
0.57
0.41
0.15
-1.73
-1.58
-0.15

1.13
-0.66
-0.58
-0.08
1.79
1.71
0.08

-0.69
0.48
0.34
0.14
-1.17
-1.00
-0.17

-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
0.06
0.04
0.01
1.35
1.29
0.06

Government consum ption
expenditures and gross
in vestm ent............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................

21
22
23
24
25

0.90
0.22
0.17
0.05
0.68

-0 .07
-0 .02
-0 .04
0.02
-0.05

0.08
0.00
0.02
-0.02
0.08

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

0.09
0.03
0.02
0.01
0.06

Gross dom estic p roduct
Percentage poin ts at annual
rates:

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

2008

2009

2009
III

IV

I

II

III

G ross dom estic product

1

108.619

109.615

109.750

109.665

109.952

110.488

111.082

Personal consum ption
e xpe nd itu re s ........................
Goods.....................................
Durable goods...................
Nondurable goods............
S ervices.................................

2
3
4
5
6

109.061
106.263
95.340
112.484
110.566

109.258
103.634
93.782
109.262
112.233

109.596
104.394
93.459
110.617
112.356

110.330
105.113
93.615
111.645
113.102

110.899
105.777
93.133
112.942
113.621

110.886
104.805
92.767
111.632
114.117

111.163
105.056
92.246
112.319
114.409

Gross private dom estic
investm ent............................
Fixed investment....................
Nonresidential..................
Structures......................
Equipment and software
Residential.........................
Change in private inventories

7
8
9
10
11
12
13

107.122
107.052
106.984
125.460
100.083
106.361

104.848
105.260
105.700
122.187
99.620
102.737

103.613
104.274
104.745
119.439
99.352
101.635

103.278
104.006
104.116
118.782
98.727
102.717

102.929
103.637
103.611
119.055
97.961
102.874

102.807
103.463
103.608
119.650
97.770
102.035

102.710
103.515
103.702
120.427
97.657
101.912

Net expo rts o f g oods and
s e rv ic e s .................................
Exports...................................
Goods.................................
Services.............................
Im ports...................................
Goods.................................
Services............................

14
15
16
17
18
19
20

111.875
111.970
111.643
118.685
119.603
113.921

105.877
104.403
109.171
105.987
104.908
110.711

106.182
104.852
109.154
105.829
104.609
111.191

107.398
106.038
110.426
111.178
110.586
113.662

108.745
107.531
111.438
114.468
114.432
114.362

110.033
108.930
112.467
112.189
111.588
114.824

110.153
109.063
112.556
109.892
108.970
114.164

G overnm ent co nsum ption
expenditures and gross
investm ent.............................
Federal...................................
National defense...............
Nondefense.......................
State and local.......................

21
22
23
24
25

115.008
111.119
112.109
109.077
117.348

114.644
110.895
111.342
109.984
116.892

114.635
110.717
111.157
109.820
116.999

115.067
111.142
111.594
110.220
117.435

116.358
112.376
113.051
110.995
118.762

116.607
112.616
113.381
111.050
119.016

116.734
112.719
113.494
111.135
119.160

Addendum :
Gross national product.........

26

108.626

109.609

109.744

109.664

109.950

110.479




2008

2010

2009

2010

III

IV

I

II

III

Gross dom estic product

1

100.0

100.0

100.0

100.0

100.0

100.0

100.0

Personal consum ption
e xp e n d itu re s ........................
G oods.....................................
Durable g oo d s...................
Nondurable g oo d s ............
Services..................................

2
3
4
5
6

70.3
23.5
7.5
16.0
46.8

70.8
22.9
7.3
15.6
48.0

71.1
23.2
7.4
15.8
47.9

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

70.4
23.1
7.4
15.8
47.3

Gross private dom estic
investm ent............................
Fixed investment....................
Nonresidential....................
Structures......................
Equipment and software
Residential.........................
Change in private inventories

7
8
9
10
11
12
13

14.6
14.9
11.6
4.1
7.5
3.3
-0 .3

11.3
12.2
9.7
3.2
6.5
2.5
-0 .9

11.0
12.0
9.5
3.1
6.4
2.5
-1.0

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
7.1
2.2
0.9

Net e xports o f g oods and
s e rv ic e s .................................
E xports...................................
Goods.................................
Services..............................
Imports....................................
Goods.................................
Services..............................

14
15
16
17
18
19
20

-4.9
12.8
9.0
3.8
17.8
15.0
2.8

-2.7
11.2
7.5
3.6
13.9
11.2
2.7

-2.9
11.2
7.6
3.6
14.1
11.4
2.7

-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

-3.8
12.5
8.7
3.9
16.3
13.5
2.8

Government consum ption
expenditures and gross
investm ent............................
Federal....................................
National defense...............
Nondefense.......................
State and local.......................

21
22
23
24
25

20.0
7.5
5.1
2.4
12.5

20.6
8.1
5.5
2.6
12.6

20.8
8.2
5.6
2.6
12.6

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

November 2010

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]
2010

2009
Line
III

I

IV

II

III

G ross dom estic p ro d u ct......................................................................................................

1

-2 .7

0.2

2.4

3.0

3.1

Personal co nsum ption expenditures
Goods............................................
Durable goods.........................
Nondurable goods..................
S ervices........................................................................................................................................

2
3
4
5
6

-0 .9
-1 .0
-1 .3
-0 .9
-0 .8

0.2
2.3
4.8
1.1
-0 .8

0.8
3.2
5.8
2.1
-0 .4

1.7
4.5
8.4
2.7
0.4

1.9
3.4
5.1
2.6
1.2

Gross private dom estic investm ent
Fixed investment.........................
Nonresidential.........................
Structures............................
Equipment and software...................................................................................................
Residential..............................
Change in private inventories....

7
8
9
10
11
12
13

-24 .0
-18.6
-17.8
-21.7
-15.8
-21.4

-9 .6
-12.9
-12.7
-26.5
-4.9
-13 .4

10.5
-2.0
-0.8
-20.1
9.5
-6 .3

23.3
5.1
5.2
-15.6
15.7
4.8

23.5
5.1
8.1
-11.9
17.8
-6 .2

Net expo rts o f goods and services
Exports........................................
G oo d s......................................................................................................................................
S ervices...................................................................................................................................
Imports...
Goods
Services...................................................................................................................................

14
15
16
17
18
19
20

-11.0
-13.8
-4 .6
-14.1
-16.0
-4 .3

-0.1
-0.2
0.3
-7 .2
-7 .3
-7 .0

11.4
14.4
5.1
6.2
7.9
-0 .8

14.1
18.7
4.9
17.4
20.8
3.2

12.2
14.7
7.1
16.3
18.5
6.3

G overnm ent consu m p tion expenditures and gross in ve stm e n t.......................................
Federal.........................................................................................................................................
National defense.....................................................................................................................
Nondefense....
24
State and lo ca l...
25

21
22
23

1.5
5.7
5.2
6.7

0.8
3.6
3.3
4.5

1.1
5.5
5.6
5.1

0.6
4.1
3.4
5.5

1.1
4.9
3.3
8.2
-1 .4

Addenda:
Final sales of domestic product.................................................................................................
Gross domestic purchases........
Final sales to domestic purchasers...........................................................................................

-1.1
26
27
28
pq

-1 .0

Real disposable personal incom e.............................................................................................

30

-2 .0
-3.6
-2.9
-2 .9
1.1

Price indexes (C hain-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...............................................................

31
32
33
34
35
36
37
38

-1.1
0.2
0.2
0.3
-0.7
1.3
-0.6
1.8

-1 .5

-1 .6

-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
0.3

1.1
4.0
2.1

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

1.3
1.1
1.2
1.2
1.4
1.3
1.2
1.0

1.6

1. Food excludes personal consumption expenditures for purchased meals and beverages, which are classified in food services,
2. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services furnished
without payment) and the final consumption expenditures of nonprofit institutions serving households.
N ote . Percent changes for real estimates are calculated from corresponding quantity indexes presented in NIPA tables 1.1.3,1.2.3,1.4.3, and 1.7.3. Percent changes in price estimates are calculated from corresponding price
indexes presented in NIPA tables 1.1.4,1.6.4, and 2.3.4.

Table 1.2.1. Percent Change From Preceding Period in Real
Gross Domestic Product by Major Type of Product
[Percent]
Seasonally adjusted at annual rates
Line

2008

2009

Gross dom estic pro du ct..............
Final sales of domestic p roduct.
Change in private inventories....
G oo d s........................................................
Final sales.................
Change in private inventories.........
Durable goods...............
Final sales..................
Change in private inventories 1.....
Nondurable goods.........
Final sales........................................
Change in private inventories 1......
Services 2.................................................

2009

2010

-2.6
-2.1
-0.5
1.4

-3.8
-1.6

-0.9
0.9

-10.0
-5.4

1.7
0.9

2.0
0.6
3.6
-1.7
"T o

23.9
11.0

19.5
8.6

-0 .8
-3 .7

15.2
5.9

16.3
4.0

33.3
11.2

11.2
5.3

3.0

-0.6
-1.9

31.7
18.5

-11.1
-12.2

"a'i
-6.4

1.5

-0.2

-0.2

0.8

0.0

1.9

2.4

S tru c tu re s ......................................................................................................................................

-7.9

-16.6

-0.1

-15.9

-15.2

10.6

-7.2

Addenda:
Motor vehicle output..................................................................................................................
Gross domestic product excluding motor vehicle output......................................................
Final sales of computers 3 .......................................................................................................
Gross domestic product excluding final sales of computers...............................................
Gross domestic purchases excluding final sales of computers to domestic purchasers..
Final sales of domestic product, current dollars....................................................................

-18.6
0.5
26.5
-0.1
-1.3
2.7

-24.7
-2.1
5.0
-2.7
-3.7
-1.1

145.5
0.0
-4.0
1.6
2.8
1.2

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
1.1
5.3
1.7
4.9
2.9

21.2
1.6
55.4
1.8
3.9
2.8

1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard Industrial Classification (SIC); later estimates for these industries are based on the North American Industry
Classification System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense) produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.




National Data

D-6

Table 1.2.2. Contributions to Percent Change in Real
Gross Domestic Product by Major Type of Product

November 2010

Table 1.2.3. Real Gross Domestic Product by
Major Type of Product, Quantity Indexes
[Index numbers, 2005=100]

Seasonally adjusted at annual rates
Line

2008

2009

2009
III

Seasonally adjusted

2010
IV

I

II

Line

Percentage points at annual
rates:
Final sales of domestic
product..............................
Change in private
inventories........................

1

0.0

-2.6

1.6

3.7

5.0

2009

1.7

2010

III

2.0

Gross dom estic p ro d u c t.......
Final sales of domestic
product...............................
Change in private

IV

I

II

III

1 104.672 101.917 101.760 103.012 103.960 104.403 104.924
2 105.399 103.212 103.146 103.676 103.948 104.181

104.327

3
2

0.51

-2.08

0.50

2.19

1.09

0.90

0.57

3

-0.51

-0.55

1.10

2.83

2.64

0.82

1.44

G o o d s ................................................
Final sa les.................................
Change in private inventories
Durable goods...............................
Final sa les.................................
Change in private inventories 1
Nondurable goods........................
Final sa les.................................
Change in private inventories 1

4
5
6
7
8
9
10
11
12

-0.13
0.38
-0.51
-0.13
0.13
-0.25
0.00
0.26
-0.26

-0.99
-0.44
-0.55
-1.39
-0.76
-0.63
0.40
0.32
0.08

1.67
0.57
1.10
1.91
0.86
1.05
-0.24
-0.29
0.05

5.74
2.91
2.83
2.06
0.60
1.46
3.68
2.31
1.37

4.90
2.26
2.64
3.91
1.46
2.45
0.99
0.80
0.19

-0.20
-1.02
0.82
1.49
0.71
0.78
-1.69
-1.73
0.04

0.98
-0.46
1.44
0.96
0.41
0.55
0.02
-0.87
0.89

Services 2..........................................

13

0.94

-0.10

-0.10

0.57

0.02

1.21

1.55

S tru c tu re s ........................................

14

-0.81

-1 .54

0.02

-1.30

-1.18

0.71

-0.53

15

-0.53

-0.56

1.56

0.25

0.74

-0.06

0.42

16
17

0.53
0.14

-2.07
0.03

0.03
-0.02

4.76
0.09

2.99
0.10

1.78
0.03

1.59
0.25

18

-0 .14

-2 .66

1.61

4.92

3.63

1.69

1.76

Addenda:
Motor vehicle output.....................
Gross domestic product excluding
motor vehicle output................
Final sales of com puters3...........
Gross domestic product excluding
final sales of computers...........

2009

III

Percent change at annual rate:
Gross dom estic p ro d u c t.......

2008

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.

4
5
R
7
8
9
10
11
1?

G o o d s ................................................
Final sales..................................
Change in private inventories
Durable goo ds...............................
Final sales..................................
Change in private inventories 1
Nondurable goo ds........................
Final sales..................................
Change in private inventories'

108.971 104.880 104.271 110.007 115.025 114.803 115.817
111.890 110.050 109.802 112.705 115.043 113.957 113.468
110.650 99.577 100.422 104.284 112.043 115.048 117.014
114.221 108.049 108.648 109.725 112.669 114.124 114.980
107.024 110.477 108.345 116.071 118.152 114.500 114.530
109.183 111.982 110.855 115.660 117.354 113.610 111.752

S ervices 2 ..........................................

13 106.271 106.102 106.078 106.294 106.297 106.786 107.419

S tructu re s..........................................

14

85.585

71.407

71.502

68.472

65.703

67.380

66.127

15

80.384

60.568

66.657

68.836

75.184

74.677

78.361

Addenda:
Motor vehicle output.....................
Gross domestic product
excluding motor vehicle output
Final sales of computers 3...........
Gross domestic product
excluding final sales of
computers..................................
Gross domestic purchases
excluding final sales of
computers to domestic
purchasers.................................

16 105.440 103.203 102.857 104.082 104.862 105.335 105.757
17 187.540 197.008 192.680 200.528 209.533 212.272 236.998

18 104.292 101.501

19 102.262

98.494

101.357 102.589 103.513 103.949 104.404

98.532

99.162 100.109 101.309 102.294

1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.

Table 1.2.4. Price Indexes for Gross Domestic Product
by Major Type of Product

Table 1.2.5. Gross Domestic Product by Major Type of Product

[Index numbers, 2005=100]

[Billions of dollars]
Seasonally adjusted

Line

2008

2009

2009
III

Gross dom estic p ro d u c t......
Final sales of domestic
product..............................
Change in private

Seasonally adjusted at annual rates
Line

2010
IV

I

II

1 108.598 109.618 109.759 109.693 109.959 110.485 111.108

G o o d s ................................................
Final sales.................................
Change in private inventories
Durable goods...............................
Final sales.................................
Change in private inventories 1
Nondurable goods........................
Final sa les.................................
Change in private inventories1

4 99.373
5 99.340
fi
7 95.883
8 95.846
q
10 103.631
11 103.620
1?

S ervices 2..........................................

13 111.575 112.591 112.694 113.352 114.143 114.605 114.872

S tru c tu re s ........................................

14 116.079 114.144 112.514 112.584 112.827 112.868 113.264

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

15

96.481

95.676
95.545

95.353
95.249

95.062
95.037

99.387 100.154 101.562
99.545 100.332 101.752
94.406
94.406

94.122
94.098

93.935
93.901

107.928 109.753 106.452 105.395 107.396 110.742
108.196 110.178 106.770 105.808 107.875 111.246

97.984

98.580 100.074

99.918 100.265 100.282

16 108.981 109.991 110.123 110.020 110.297 110.828 111.467
17 60.085 51.690 49.853 49.454 48.465 47.656 46.861

18 108.999 110.128 110.293 110.230 110.512 111.054 111.695
19 108.608 109.647 109.808 109.734 110.018 110.550 111.169

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

III

2 108.608 109.647 109.809 109.736 110.020 110.552 111.171

101.245 101.952 100.232
101.263 102.028 100.329

2008

2009
III

Gross dom estic product
Final sales of domestic
product......................
Change in private
inventories...............
G o o d s .......................................
Final sales.........................
Change in private
inventories....................
Durable g oo d s ......................
Final sales.........................
Change in private
inventories 1..................
Nondurable g oo d s ...............
Final sales.........................
Change in private
inventories 1.................

2010
IV

I

II

III

1 14,369.1 14,119.0 14,114.7 14,277.3 14,446.4 14,578.7 14,730.2
2 14,410.2 14,246.3 14,258.0 14,321.5 14,396.4 14,498.3 14,600.0
3

-41.1

-127.2

-143.3

-44.2

50.0

80.4

130.2

4
5

3,763.5
3,804.6

3,687.3
3,814.5

3,691.6
3,834.8

3,826.5
3,870.7

3,970.1
3,920.1

3,994.2
3,913.8

4,082.3
3,952.1

6
7
8

-41.1
2,006.0
2,031.8

-127.2
1,801.5
1,915.9

-143.3
1,811.1
1,920.7

-44.2
1,875.3
1,935.5

50.0
2,000.9
1,974.2

80.4
2,048.5
1,993.2

130.2
2,079.3
2,003.9

9
10
11

-25.7
1,757.5
1,772.9

-114.4
1,885.8
1,898.6

-109.6
1,880.4
1,914.1

-60.2
1,951.2
1,935.2

26.7
1,969.1
1,945.9

55.3
1,945.7
1,920.6

75.4
2,003.1
1,948.2

12

-15.4

-12.8

-33.7

16.0

23.2

25.1

54.9

Services 2.................................

13

9,251.0

9,320.5

9,326.8

9,400.4

9,466.2

9,548.2

9,627.3

S tru ctu re s.................................

14

1,354.5

1,111.3

1,096.3

1,050.4

1,010.1

1,036.3

1,020.6

15

325.0

248.9

275.1

288.5

314.8

313.7

329.3

Addenda:
Motor vehicle o utp ut............
Gross domestic product
excluding motor vehicle
output.................................
Final sales of computers 3 ...
Gross domestic product
excluding final sales of
computers.........................

16 14,044.1 13,870.1 13,839.6 13,988.8 14,131.6 14,265.0 14,401.0
17
79.9
89.0
80.5
75.9
78.3
80.2
87.7

18 14,280.0 14,038.6 14,038.8 14,199.0 14,366.2 14,498.8 14,642.5

1. Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.

November 2010

D-7

S u r v e y o f 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

2008

2009

2009
III

Gross dom estic product
Final sales of domestic
product.....................
Change in private
inventories...............
Residual.......................

Seasonally adjusted at annual rates
Line

2010
IV

I

II

12,992.8 12,984.5 13,051.1

2009

III

1 13,228.8 12,880.6 12,860.8 13,019.0 13,138.8 13,194.9 13,260.7
2 13,268.1

2008

13,085.5 13,114.7 13,133.2

2009
III

2010
IV

I

II

III

Gross dom estic product

1

0.0

-2.6

1.6

5.0

3.7

1.7

2.0

B usiness 1...............................
Nonfarm 2 .............................
Fa rm ......................................

2
3
4

-0.9
-1.1
13.3

-3 .7
-3.8
6.1

1.6
1.4
19.3

6.5
6.7
-13.9

5.0
5.0
-0.8

1.8
1.6
24.6

3.0
3.0
1.6

5
6

3.7
4.9

-0.5
-0.7

3.1
3.0

0.8
0.2

-0.2
-2.3

1.3
-0.2

-0 .5
-1.8

3
4

-37.6
-1.7

-113.1
0.9

-128.2
4.5

-36.7
4.6

44.1
9.2

68.8
11.4

115.5
12.0

5
6

3,784.4
3,829.9

3,642.4
3,766.9

3,621.2
3,758.4

3,820.4
3,857.8

3,994.7
3,937.8

3,987.0
3,900.7

4,022.2
3,883.9

H ouseholds and in stitutio ns
Households...........................
Nonprofit institutions serving
households 3.....................

7

2.0

-0.2

3.2

1.5

2.5

3.2

1.2

7
8
9

-37.6
2,092.5
2,119.8

-113.1
1,883.1
2,005.3

-128.2
1,899.1
2,016.4

-36.7
1,972.1
2,036.4

44.1
2,118.8
2,091.0

68.8
2,175.7
2,118.0

115.5
2,212.9
2,133.9

General g o v e rn m e n t4 ...........
Federal...................................
State and local......................

8
9
10

2.3
3.9
1.7

1.6
5.8
-0.2

0.1
3.5
-1.4

0.7
2.8
-0.2

0.5
3.9
-1.0

1.7
6.0
-0.3

-1 .5
-0.9
-1.8

10
11
12

-23.4
1,692.9
1,710.9

-106.7
1,747.5
1,754.8

-102.1
1,713.8
1,737.1

-55.6
1,836.0
1,812.4

24.4
1,868.9
1,839.0

50.0
1,811.1
1,780.3

68.2
1,811.6
1,751.2

Addendum :
Gross housing value added

11

4.7

0.4

3.3

0.7

-1.1

0.3

-0.8

13

-14.7

-9 .6

-2 8.5

16.3

20.0

19.8

48.3

S ervices 2.................................

14

8,291.4

8,278.2

8,276.3

8,293.2

8,293.4

8,331.5

8,380.9

S tru c tu re s ................................
R esidual....................................

15
16

1,166.9
-22.1

973.6
-15.0

974.9
-13.3

933.5
-17.2

895.8
-24.8

918.7
-23.4

901.6
-23.4

17

336.8

253.7

279.3

288.4

315.0

312.9

328.3

G o o d s .......................................
Final sa les........................
Change in private
inventories....................
Durable g oods......................
Final sales........................
Change in private
inventories 1 ................
Nondurable goods...............
Final sa les........................
Change in private
inventories1 ................

Addenda:
Motor vehicle output............
Gross domestic product
excluding motor vehicle
o utp ut................................
Final sales of computers 3...
Gross domestic product
excluding final sales of
computers.........................

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 12,884.2 12,610.8 12,568.6 12,718.2 12,813.5 12,871.3 12,922.9
19
148.2
152.2
158.4
155.6
165.5
167.7
187.2

Seasonally adjusted
20 13,098.5 12,747.9 12,729.8 12,884.5 13,000.6 13,055.4 13,112.5

Estimates for durable goods and nondurable goods for 1996 and earlier periods are based on the 19 87 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
2. Includes government consumption expenditures, which are for services (such as education and national defense)
produced by government. In current dollars, these services are valued at their cost of production.
3. Some components of final sales of computers include computer parts.
N ote . Chained (2 0 0 5 ) dollar series are calculated as the product of the chain-type quantity index and the 2 0 0 5 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

2008

2009

1.

2009

2010

III

IV

I

II

III

Gross dom estic product

1

104.672

101.917

101.760

103.012

103.960

104.403

104.924

Business 1................................
Nonfarm 2 .............................
Fa rm ......................................

2
3
4

104.168
104.183
100.322

100.364
100.275
106.397

100.144
100.026
109.254

101.734
101.669
105.253

102.977
102.925
105.046

103.437
103.331
110.973

104.211
104.108
111.409

Households and in stitutio ns
Households...........................
Nonprofit institutions serving
households 3.....................

5
6

108.208
110.984

107.652
110.184

107.602
110.151

107.805
110.215

107.740
109.588

108.080
109.535

107.938
109.026

7

104.547

104.308

104.234

104.615

105.266

106.107

106.435

General g o v e rn m e n t4 ...........
Federal...................................
State and local......................

8
9
10

104.199
104.625
104.016

105.851
110.690
103.762

105.971
111.566
103.557

106.162
112.331
103.505

106.300
113.402
103.245

106.740
115.057
103.165

106.341
114.806
102.705

A ddendum :
Gross housing value added

11

112.446

112.926

113.062

113.263

112.959

113.037

112.801

1. Equals gross domestic product excluding gross value added of households and institutions and of general govern­
ment.
2. Equals gross domestic business value added excluding gross farm value added.
3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and
used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by
nonprofit institutions.
4. Equals compensation of general government employees plus general government consumption of fixed capital.

Table 1.3.4. Price Indexes for Gross Value Added by Sector

Table 1.3.5. Gross Value Added by Sector

[Index numbers, 2005=100]

[Billions of dollars]
Seasonally adjusted

Line

2008

2009

2009

Seasonally adjusted at annual rates

2010

Line

III

IV

I

II

III

2008

2009

2009
III

2010
IV

I

II

III

G ross dom estic product

1

108.598

109.618

109.759

109.693

109.959

110.485

111.108

Gross dom estic product

1 14,369.1 14,119.0 14,114.7 14,277.3 14,446.4 14,578.7 14,730.2

B usiness 1 ................................
Nonfarm 2...............................
Farm.......................................

2
3
4

107.536
107.351
128.136

108.123
108.289
95.781

108.236
108.468
90.230

108.118
108.195
103.982

108.413
108.483
104.937

109.065
109.172
102.159

109.787
109.748
115.845

Business 1................................
Nonfarm 2 .............................
F a rm ......................................

2 10,863.5 10,520.8 10,508.0 10,660.9 10,823.2 10,938.2 11,089.1
3 10,732.3 10,416.8 10,407.8 10,549.3 10,710.6 10,822.2 10,957.8
4
131.1
104.0
100.3
111.6
112.6
131.4
116.0

Households and in stitu tio n s
Households...........................
Nonprofit institutions serving
households 3.....................

5
6

110.916
109.325

113.343
111.191

113.698
111.382

113.673
110.931

112.982
110.460

112.812
110.339

113.111
110.558

5
6

7

113.109

116.335

116.923

117.501

116.500

116.264

116.673

Households and in stitutio ns
Households...........................
Nonprofit institutions serving
households 3.....................

7

759.2

779.1

782.5

789.3

787.4

792.1

797.3

General g o v e rn m e n t4............
Federal...................................
State and lo c a l......................

8
9
10

113.415
112.645
113.750

115.761
113.596
116.733

115.857
112.997
117.154

116.086
113.332
117.334

117.185
115.099
118.111

117.638
115.007
118.828

117.954
115.142
119.233

General g o v e rn m e n t4...........
Federal...................................
State and local......................

8
9
10

1,697.6
517.1
1,180.5

1,760.2
551.7
1,208.5

1,763.6
553.1
1,210.5

1,770.3
558.6
1,211.7

1,789.4
572.7
1,216.7

1,803.7
580.6
1,223.1

1,801.8
580.0
1,221.8

Addendum:
Gross housing value added

11

109.907

111.885

112.033

111.591

111.220

111.105

111.302

Addendum :
Gross housing value added

11

1,302.6

1,331.7

1,335.1

1,332.2

1,324.2

1,323.8

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.




1,808.0
1,048.8

1,838.1
1,059.0

1,843.0
1,060.5

1,846.1
1,056.8

1,833.8
1,046.4

1,836.8
1,044.7

1,839.3
1,041.9

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

November 2010

Table 1.4.1. Percent Change From Preceding Period
in Real Gross Domestic Product, Real Gross Domestic Purchases,
and Real Final Sales to Domestic Purchasers

[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates

[Percent]
Line

2008

2009

2009

2010

III
Gross dom estic p roduct

IV

I

II

Seasonally adjusted at annual rates

III
Line

1 13,228.8 12,880.6 12,860.8 13,019.0 13,138.8 13,194.9 13,260.7

B usiness 1................................
Nonfarm 2..............................
Farm......................................

2 10,099.6
3 9,994.8
4
102.3

9,730.8
9,619.8
108.5

9,709.4
9,596.0
111.5

9,863.6
9,753.5
107.4

9,984.1 10,028.7 10,103.7
9,874.1
9,913.0 9,987.5
107.2
113.2
113.7

H ouseholds and in stitu tio n s
Households..........................
Nonprofit institutions serving
households 3 ....................

5
6

1,621.7
952.4

1,620.9
952.1

1,624.0
952.7

1,623.0
947.3

7

671.2

669.7

669.2

671.7

675.8

General g o v e rn m e n t4...........
Federal..................................
State and local......................
Residual....................................

8
9
10
11

1,496.8
459.0
1,037.8
4.4

1,520.5
485.6
1,035.3
9.3

1,522.2
489.5
1,033.2
9.3

1,525.0
492.8
1,032.7
8.2

1,527.0
497.5
1,030.1
6.8

Addendum :
Gross housing value added

12

1,185.2

1,190.3

1,191.7

1,193.8

1,190.6

1,191.4

1,188.9

1,630.1
959.3

2008

2009

2009

2010

III

IV

I

II

III

1,626.0
942.4

G ross dom estic p ro d u c t...................
Less: Exports of goods and services
Plus: Imports of goods and services

1
2
3

0.0
6.0
-2.6

-2 .6
-9.5
-13.8

1.6
12.2
21.9

5.0
24.4
4.9

3.7
11.4
11.2

1.7
9.1
33.5

2.0
5.0
17.4

4
5

-3.6

3.0

3.0

3.9

5.1

3.9

683.3

Equals: Gross dom estic purchases
Less: Change in private inventories....

-1.1

681.2
1,533.3
504.8
1,029.3
6.6

1,527.6
503.7
1,024.7
5.4

Equals: Final sales to dom estic
purchasers.......................................

6

-0.6

-3.1

1.8

0.2

1.3

4.3

2.5

7

0.5

-2.1

0.4

2.1

1.1

0.9

0.6

8

2.1

-3 .8

4.3

5.1

6.2

5.2

4.7

9

2.5

-3.2

3.3

2.2

3.5

4.4

3.3

1,628.1
946.8

1. Equals gross domestic product excluding gross value added of households and institutions and of general govern­
ment.
2. Equals gross domestic business value added excluding gross farm value added.
3. Equals compensation of employees of nonprofit institutions, the rental value of nonresidential fixed assets owned and
used by nonprofit institutions serving households, and rental income of persons for tenant-occupied housing owned by
nonprofit institutions.
4. Equals compensation of general government employees plus general government consumption of fixed capital.
N ote . Chained (20 05 ) dollar series are calculated as the product of the chain-type quantity index and the 2 0 0 5 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.

Addenda:
Final sales of domestic product.....
Gross domestic purchases, current
dollars............................................
Final sales to domestic purchasers,
current dollars...............................

Table 1.4.3. Real Gross Domestic Product, Real Gross Domestic Purchases,
and Real Final Sales to Domestic Purchasers, Quantity Indexes

Table 1.4.4. Price Indexes for Gross Domestic Product, Gross Domestic
Purchases, and Final Sales to Domestic Purchasers

[Index numbers, 2005=100]

[Index numbers, 2005=100]
Seasonally adjusted

Seasonally adjusted
Line

2008

2009

Line

2010

2009
IV

III

I

II

2008

2009

2009
III

III

2010
IV

I

II

III

G ross dom estic p ro d u c t...................
Less: Exports of goods and services
Plus: Imports of goods and services

1 104.672 101.917 101.760 103.012 103.960 104.403 104.924
2 126.255 114.228 114.174 120.569 123.858 126.592 128.138
3 106.113 91.418 92.752 93.874 96.401 103.613 107.859

Gross dom estic p ro d u c t...................
Less: Exports of goods and services
Plus: Imports of goods and services

1 108.598 109.618 109.759 109.693 109.959 110.485 111.108
2 111.874 105.877 106.212 107.424 108.771 110.060 110.180
3 118.685 105.987 105.879 111.222 114.514 112.234 109.936

Equals: G ross dom estic purchases
Less: Change in private inventories...

4 102.756
5

Equals: G ross dom estic purchases
Less: Change in private inventories...

4 109.813 109.614 109.702 110.265 110.838 110.852 111.080
S

Equals: Final sales to dom estic
purch a se rs ......................................

6 109.823 109.649 109.757 110.309 110.900 110.917 111.137

Equals: Final sales to dom estic
p u rch a se rs ......................................

99.092

99.045

99.829 100.797 102.070 103.057

6 103.433 100.254 100.386 100.441 100.775 101.852 102.488

Addendum :
Final sales of domestic product

7 105.399 103.212 103.146 103.676 103.948 104.181 104.327

Addenda:
Final sales of domestic product......
Implicit price deflator for final sales
to domestic purchasers..............

7 108.608 109.647 109.809 109.736 110.020 110.552 111.171
8 109.823 109.649 109.756 110.308 110.899 110.915 111.136

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

Line

2008

2009
III

Gross dom estic p ro d u c t........
Less: Exports of goods and
services..................................
Plus: Imports of goods and
services..................................
Equals: G ross dom estic
purchases..............................
Less: Change in private
inventories..............................
Equals: Final sales to
d om estic p u rc h a s e rs .........
A ddendum :
Final sales of domestic
product.... ..........................




1 14,369.1

Seasonally adjusted at annual rates

2010

2009
IV

I

II

Line

2008

2009

III

14,119.0 14,114.7 14,277.3 14,446.4 14,578.7 14,730.2

2

1,843.4

1,578.4

1,582.1

1,689.9

1,757.8

1,817.9

1,842.1

3

2,553.8

1,964.7

1,990.5

2,116.3

2,237.6

2,357.1

2,403.5

2009
III

G ross dom estic p ro d u c t........
Less: Exports of goods and
services..................................
Plus: Imports of goods and
services..................................

2010
IV

I

II

III

1 13,228.8 12,880.6 12,860.8 13,019.0 13,138.8 13,194.9 13,260.7
2

1,647.7

1,490.7

1,490.0

1,573.5

1,616.4

1,652.1

1,672.3

3

2,151.7

1,853.8

1,880.8

1,903.6

1,954.8

2,101.1

2,187.2

130.2

Equals: Gross dom estic
purchases..............................
Less: Change in private
inventories..............................

6 15,120.6 14,632.7 14,666.3 14,748.0 14,876.3 15,037.6 15,161.5

Equals: Final sales to
dom estic p urchasers..........

6 13,768.2 13,345.0 13,362.6 13,369.9 13,414.3 13,557.7 13,642.3

7 14,410.2 14,246.3 14,258.0 14,321.5 14,396.4 14,498.3 14,600.0

A ddendum :
Final sales of domestic
product................................

7 13,268.1

4 15,079.5 14,505.4 14,523.0 14,703.7 14,926.3 15,118.0 15,291.7
5

-41.1

-127.2

-143.3

-44.2

50.0

80.4

4 13,729.4 13,233.6 13,239.8 13,338.2 13,467.6 13,637.7 13,769.6
5

-37.6

-113.1

-128.2

-36.7

12,992.8 12,984.5 13,051.1

44.1

68.8

115.5

13,085.5 13,114.7 13,133.2

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.

November 2010

D-9

S u r v e y o f C u r r e n t B u s in e s s

Table 1.5.1. 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

2008

2009

2009
III

Gross dom estic p ro d u c t..........
Personal co nsum ption
e xp e n d itu re s...................................
Goods................................................
Durable goods..............................
Motor vehicles and p a rts........
Furnishings and durable
household equipment.........
Recreational goods and
vehicles................................
Other durable goods...............
Nondurable goods.......................
Food and beverages
purchased for off-premises
consumption........................
Clothing and footw ear............
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 P IS H s)1..........
Gross output of nonprofit
institutions 2 ........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3 ........

Seasonally adjusted at annual rates
Line

2010
IV

I

II

2009

III

0.0

-2 .6

1.6

5.0

3.7

1.7

2.0

Percent change at annual rate:

2
3
4
5

-0.3
-2.5
-5.2
-13.8

-1 .2
-2 .0
-3 .7
-6 .9

2.0
7.2
20.1
42.7

0.9
1.7
-1.1
-21.3

1.9
5.7
8.8
-2.6

2.2
3.4
6.8
6.9

2.6
2.8
6.1
1.5

Percentage poin ts at annual rates:

6

-3.6

-6 .4

7.0

9.4

13.9

9.0

5.7

7
8
9

3.3
-3.7
-1.1

1.4
-2 .3
-1 .2

17.1
4.9
1.7

15.8
-0.8
3.1

12.9
18.8
4.2

9.3
-2.2
1.9

12.3
4.2
1.3

10
11

-0.8
-0.6

-0 .9
-4 .4

4.0
0.5

5.1
5.8

3.7
12.0

-2 .9
6.4

3.7
-1.2

12
13
14

-4.7
0.2
0.9

1.2
-1.1
-0 .8

-1 .9
1.4
-0 .5

-2.3
2.4
0.5

0.7
3.3
0.1

3.0
4.5
1.6

-7 .0
3.5
2.5

15
16
17
18
19

0.6
0.8
2.8
-5.2
-0.3

-0 .7
1.1
2.2
-8.1
-2 .4

-0 .8
1.8
-0.1
-3.1
-4 .4

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

2.4
3.3
2.7
3.8
4.9

20

-0.7

-3 .6

-1 .4

0.6

6.9

2.5

3.5

21
22

0.6
-0.3

-3.6
-1 .2

-3 .6
-2.2

-3.7
-1.2

-2 .8
-1.2

1.1
-0 .8

-2.9
2.5

Gross dom estic p ro d u c t..........

9.0

-4 .2

9.3

8.6

1.2

3.4

4.4

24

2.6

0.6

-0 .3

1.6

-0 .9

3.3

3.7

25

0.5

2.3

-3 .2

-0.5

-1 .6

3.3

3.5

Gross private dom estic investm ent
Fixed investment...............................
Nonresidential..............................
Structures.................................
Equipment and software.........
Information processing
equipment and software
Computers and
peripheral equipment
Software 4 .......................
O ther................................
Industrial equipment...........
Transportation equipment
Other equipm ent................
Residential....................................
Change in private inventories.........
Farm ..............................................
Nonfarm........................................

26
27
28
29
30

-9.5
-6.4
0.3
5.9
-2 .4

-22.6
-18.3
-17.1
-20.4
-15.3

11.8
0.7
-1 .7
-12 .4
4.2

26.7
-1.3
-1.4
-29.2
14.6

29.1
3.3
7.8
-17.8
20.4

26.2
18.9
17.2
-0 .5
24.8

12.8
0.8
9.7
3.9
12.0

31

6.1

0.2

14.7

22.4

8.4

15.3

5.7

32
33
34
35
36
37
38
39
40
41

13.3
5.8
3.5
-4.2
-23.0
-3.7
-24.0

-1.5
1.7
-1.1
-23.3
-51.5
-22 .3
-22.9

23.1
7.1
22.3
-10.2
-11.2
-6 .4
10.6

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

-4.5
8.5
6.9
7.3
42.1
21.6
-29.1

Net expo rts o f g oods and services
Exports..............................................
Goods............................................
Services.......................................
Im ports..............................................
Goods............................................
S ervices.......................................

42
43
44
45
46
47
48

6.0
6.3
5.3
-2.6
-3.5
2.4

-9 .5
-12.0
-3 .9
-13.8
-15.8
-4.2

12.2
18.7
0.1
21.9
27.4
1.5

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

5.0
3.4
8.6
17.4
18.1
14.1

G overnm ent c o nsum ption
e xpenditures and gross
investm ent........................................
F ederal..............................................
National defense..........................
Consumption expenditures....
Gross investment.....................
Nondefense..................................
Consumption expenditures....
Gross investment.....................
State and local..................................
Consumption expenditures.........
Gross investment.........................

49
50
51
52
53
54
55
56
57
58
59

2.8
7.3
7.5
6.5
14.4
6.7
6.7
7.0
0.3
0.0
1.4

1.6
5.7
5.4
5.3
6.0
6.5
6.9
3.9
-0 .9
-0 .7
-1 .9

1.6
5.7
9.0
7.9
15.6
-0 .9
-2 .8
13.8
-1 .0
-1 .7
1.7

-1.4
0.0
-2.5
-3.6
4.5
5.6
5.4
7.2
-2.3
-0.4
-9 .9

-1 .6
1.8
0.4
0.3
0.7
5.0
2.9
20.8
-3.8
-1.1
-14.4

3.9
9.1
7.4
5.4
20.4
12.8
12.2
17.2
0.6
-0.9
7.5

3.4
8.8
8.5
9.0
5.1
9.6
8.1
20.1
-0.2
-1 .5
5.4

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. Excludes software “embedded,” or bundled, in computers and other equipment.

Personal consum ption
e xp e n d itu re s ...................................
G oods................................................
Durable g oo ds..............................
Motor vehicles and p a rts ........
Furnishings and durable
household equipment.........
Recreational goods and
vehicles.................................
Other durable goods...............
Nondurable g oo ds .......................
Food and beverages
purchased for off-premises
consumption........................
Clothing and footwear.............
Gasoline and other energy
goods....................................
Other nondurable goods.........
Services.............................................
Household consumption
expenditures (for services)....
Housing and utilities...............
Health ca re ...............................
Transportation services...........
Recreation services................
Food services and
accommodations................
Financial services and
insurance..............................
Other services.........................
Final consumption expenditures
of nonprofit institutions serving
households (N P IS H s)1 ..........
Gross output of nonprofit
institutions 2.........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3.........

2010

2009
III

1

23




2008

IV

II

I

III

1

0.0

-2 .6

1.6

5.0

3.7

1.7

2.0

2
3
4
5

-0.18
-0.60
-0.42
-0.39

-0.84
-0.46
-0.27
-0.17

1.41
1.62
1.35
0.83

0.69
0.42
-0.07
-0.56

1.33
1.29
0.62
-0.06

1.54
0.79
0.49
0.15

1.79
0.64
0.44
0.03

6

-0.07

-0.12

0.12

0.16

0.23

0.15

0.10

7
8
9

0.08
-0.04
-0.18

0.03
-0.02
-0.18

0.36
0.05
0.27

0.34
-0.01
0.49

0.28
0.18
0.67

0.20
-0.02
0.31

0.27
0.04
0.20

10
11

-0.04
-0.01

-0.05
-0.10

0.22
0.01

0.28
0.13

0.20
0.26

-0.16
0.14

0.20
-0.03

12
13
14

-0.13
0.01
0.41

0.03
-0.06
-0.38

-0.04
0.08
-0.21

-0.05
0.14
0.27

0.02
0.18
0.03

0.07
0.25
0.75

-0.17
0.20
1.15

15
16
17
18
19

0.25
0.09
0.29
-0.12
-0.01

-0.30
0.14
0.23
-0.18
-0.06

-0.37
0.24
-0.01
-0.07
-0 .12

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

1.07
0.42
0.30
0.08
0.13

20

-0.03

-0.16

-0.06

0.02

0.29

0.11

0.15

21
22

0.03
-0.02

-0.21
-0.07

-0.21
-0 .14

-0.21
-0.08

-0.16
-0.08

0.07
-0.05

-0.17
0.16

23

0.16

-0.08

0.16

0.15

0.02

0.06

0.08

24

0.18

0.04

-0.02

0.12

-0.07

0.25

0.27

25

0.02

0.12

-0 .18

-0.03

-0.09

0.18

0.19

G ross private d om estic investm ent
Fixed investment...............................
Nonresidential...............................
Structures.................................
Equipment and software.........
Information processing
equipment and software
Computers and
peripheral equipment
Software 4........................
Other.................................
Industrial equipment...........
Transportation equipment
Other equipment.................
Residential....................................
Change in private inventories.........
Fa rm ..............................................
Nonfarm........................................

26
27
28
29
30

-1.53
-1.02
0.03
0.22
-0.19

-3.24
-2.69
-1.96
-0.81
-1.15

1.22
0.12
-0 .13
-0.41
0.28

2.70
-0.12
-0.10
-1.01
0.91

3.04
0.39
0.71
-0.53
1.24

2.88
2.06
1.51
-0.01
1.52

1.54
0.10
0.91
0.10
0.80

31

0.23

0.01

0.52

0.79

0.32

0.57

0.22

32
33
34
35
36
37
38
39
40
41

0.08
0.10
0.05
-0.06
-0.31
-0.05
-1.05
-0.51
0.01
-0.53

-0.01
0.03
-0.02
-0.31
-0.54
-0.30
-0.74
-0.55
0.02
-0.57

0.12
0.13
0.27
-0.11
-0.05
-0 .07
0.25
1.10
-0.19
1.29

0.36
0.25
0.18
-0.03
0.20
-0.05
-0.02
2.83
0.21
2.62

0.03
0.17
0.12
0.00
0.62
0.30
-0.32
2.64
0.07
2.57

0.24
0.15
0.17
0.39
0.40
0.17
0.55
0.82
0.02
0.80

-0 .03
0.16
0.10
0.08
0.28
0.23
-0.80
1.44
-0 .07
1.51

Net e xports o f g oods and services
E xports..............................................
G oods............................................
Services........................................
Imports..
G oods............................................
Services........................................

42
43
44
45
46
47
48

1.18
0.72
0.53
0.19
0.46
0.52
-0.07

1.13
-1.18
-1.04
-0.15
2.32
2.20
0.12

-1 .37
1.30
1.29
0.01
-2 .67
-2 .64
-0 .03

1.90
2.56
2.19
0.37
-0.66
-0.68
0.02

-0.31
1.30
1.09
0.21
-1.61
-1.41
-0.20

-3.50
1.08
0.93
0.15
-4.58
-4.46
-0.12

-2.01
0.61
0.29
0.32
-2.61
-2.25
-0.37

G overnm ent co nsum ption
expenditures and gross
in vestm en t.......................................
Federal...............................................
National defense..........................
Consumption expenditures....
Gross investment.....................
Nondefense..................................
Consumption expenditures....
Gross investment.....................
State and local..................................
Consumption expenditures.........
Gross investment.........................

49
50
51
52
53
54
55
56
57
58
59

0.54
0.51
0.36
0.27
0.09
0.15
0.13
0.02
0.04
0.00
0.03

0.32
0.43
0.27
0.23
0.04
0.16
0.14
0.01
-0.11
-0.07
-0.05

0.33
0.45
0.48
0.37
0.12
-0.03
-0 .07
0.04
-0.12
-0 .17
0.05

-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

0.68
0.71
0.46
0.42
0.04
0.25
0.19
0.06
-0.03
-0.15
0.12

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

November 2010

Table 1.5.3. Real Gross Domestic Product,
Expanded Detail, Quantity Indexes

Table 1.5.4. Price Indexes for Gross Domestic Product,
Expanded Detail

[Index numbers, 2005=100]

[Index numbers, 2005=100]
Seasonally adjusted

Line

2008

2009
III

Gross dom estic p ro d u c t..........
Personal consum ption
e xpe nd itu re s...................................
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 footw ear............
Gasoline and other energy
goods ...................................
Other nondurable goods.........
S ervices............................................
Household consumption
expenditures (for services)....
Housing and utilities...............
Health care...............................
Transportation services..........
Recreation services................
Food services and
accommodations................
Financial services and
insurance..............................
Other services.........................
Final consumption expenditures
of nonprofit institutions serving
households (NPISHs) 1..........
Gross output of nonprofit
institutions 2 ........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3 ........
Gross private dom estic investm ent
Fixed investment...............................
Nonresidential..............................
Structures.................................
Equipment and software.........
Information processing
equipment and software
Computers and
peripheral equipment
Software 4 .......................
O the r................................
Industrial equipment...........
Transportation equipment
Other equipm ent................
Residential....................................

Seasonally adjusted

2010

2009
IV

I

II

Line

2 105.057 103.797 103.885 104.126 104.608 105.178 105.846
3 103.462 101.416 102.092 102.533 103.952 104.837 105.565
4 102.798 99.011 101.159 100.870 103.025 104.735 106.304
5 85.000 79.093 83.655 78.782 78.271 79.584 79.875
96.222

96.075

98.254 101.506 103.725 105.172

7 129.771 131.643 132.793 137.749 141.981 145.157 149.433
8 101.041 98.669 99.590 99.380 103.753 103.183 104.246
9 103.698 102.487 102.460 103.247 104.321 104.823 105.160

10 103.997 103.023 103.426 104.710 105.672 104.895 105.856
11 108.304 103.570 102.980 104.432 107.436 109.113 108.788
12 92.523 93.660 93.527 92.996 93.155 93.854 92.174
13 107.058 105.867 105.657 106.294 107.148 108.337 109.285
14 105.870 105.006 104.797 104.936 104.952 105.366 106.006
15
16
17
18
19

105.155
103.524
107.148
95.511
107.116

104.448
104.682
109.457
87.758
104.597

104.257
104.835
109.547
87.192
103.883

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

105.328
106.293
111.498
89.438
104.744

20 104.234 100.461 100.009 100.150 101.838 102.476 103.351
21 108.183 104.265 103.758 102.793 102.074 102.364 101.614
22 105.750 104.526 103.974 103.650 103.334 103.132 103.780

23 124.877 119.597 118.919 121.393 121.755 122.788 124.125
24 108.252 108.852 108.648 109.087 108.846 109.744 110.744

25 103.033 105.361 105.300 105.166 104.756 105.613 106.515
26 90.105 69.778 68.800
27 94.096 76.835 76.447
28 115.532 95.804 95.216
29 131.976 105.064 103.911
30 108.681 92.035 91.716

73.000
76.198
94.879
95.310
94.895

77.811 82.474 84.986
76.826 80.219 80.383
96.677 100.592 102.957
90.761 90.649 91.515
99.408 105.067 108.085

31 125.136 125.368 126.613 133.164 135.861 140.775 142.723
32
33
34
35
36
37
38
39
40
41

2009

III

1 104.672 101.917 101.760 103.012 103.960 104.403 104.924

6 102.827

2008

159.060 156.682 155.815 180.635 182.749 200.624 198.348
116.907 118.929 119.562 123.600 126.350 128.839 131.480
122.185 120.829 123.527 127.510 130.239 134.286 136.536
107.896 82.784 80.998 80.385 80.422 88.127 89.684
78.698 38.207 37.676 41.000 52.744 60.651 66.223
99.177 77.020 74.954 74.133 79.571 82.614 86.753
57.324 44.220 44.185 44.092 42.670 45.177 41.455

2009
III

G ross dom estic p ro d u c t..........
Personal consum ption
e xp e n d itu re s ...................................
G oods................................................
Durable goo ds.............................
Motor vehicles and p a rts ........
Furnishings and durable
household equipment.........
Recreational goods and
vehicles.................................
Other durable goods...............
Nondurable goo ds .......................
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 utilitie s...............
Health ca re ...............................
Transportation services...........
Recreation services................
Food services and
accommodations................
Financial services and
insurance..............................
Other se rvices.........................
Final consumption expenditures
of nonprofit institutions serving
households (NPISHs) 1..........
Gross output of nonprofit
institutions2.........................
Less: Receipts from sales of
goods and services by
nonprofit institutions 3.........

2010
IV

I

II

III

1 108.598 109.618 109.759 109.693 109.959 110.485 111.108
2 109.061 109.258 109.598 110.333 110.901 110.888 111.166
3 106.262 103.634 104.403 105.120 105.784 104.812 105.064
4 95.340 93.782 93.450 93.603 93.121 92.755 92.234
5 98.575 98.676 98.961 101.333 102.384 103.041 103.639
6

98.041

97.709

97.357

96.127

95.304

94.310

93.010

7 84.233 79.513 78.653 77.455 76.282 75.327 74.279
8 109.745 111.234 110.981 112.456 111.179 111.571 111.755
9 112.484 109.262 110.624 111.651 112.949 111.638 112.325

10 112.089 113.538 112.967 112.950 113.466 113.916 113.989
11 97.754 98.588 99.207 98.770 98.452 97.439 98.323
12 145.870 106.387 114.356 121.338 128.166 118.788 121.592
13 106.032 110.691 111.605 111.966 112.594 112.604 112.967
14 110.566 112.233 112.355 113.102 113.620 114.116 114.408
15
16
17
18
19

110.832
111.871
109.730
112.406
109.542

112.718
113.240
112.693
115.633
110.815

112.850
113.144
113.041
115.659
111.318

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

114.978
113.542
115.871
117.925
112.387

20 111.644 114.375 114.436 114.935 115.001 115.794 116.327
21 110.015 109.533 109.436 111.427 113.396 113.758 113.628
22 110.819 113.329 113.667 114.795 115.541 116.488 116.769

23 104.298 101.105 101.003 100.977 100.254 100.713 101.366
24 109.594 111.137 111.438 112.221 112.553 113.322 113.926

25 111.494 114.836 115.280 116.359 117.088 117.972 118.557

G ross private dom estic investm ent
Fixed investment...............................
Nonresidential...............................
Structures.................................
Equipment and software.........
Information processing
equipment and software
Computers and
peripheral equipment
Software 4........................
Other.................................
Industrial equipment...........
Transportation equipment
Other equipment.................
Residential....................................

26
27
28
29
30

106.977
107.053
106.984
125.460
100.083

104.873
105.260
105.700
122.187
99.620

31

92.470

89.062

88.653

32
33
34
35
36
37
38
39
40
41

70.639
101.916
92.483
112.440
102.921
108.232
106.361

64.734
100.364
88.358
113.766
109.977
112.772
102.736

64.049
99.755
88.345
113.741
110.986
112.223
101.637

103.656
104.294
104.768
119.654
99.344

102.952
103.661
103.639
119.291
97.954

102.765
103.487
103.636
119.887
97.764

88.285

87.923

87.583

87.243

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

61.392
99.256
86.681
115.234
100.440
111.508
101.907

103.466
104.030
104.144
119.017
98.721

102.875
103.539
103.730
120.665
97.651

Net e xpo rts o f goods and services
Exports..............................................
Goods............................................
S ervices.......................................
Im ports..............................................
Goods............................................
S ervices.......................................

4?
43
44
45
46
47
48

126.255
127.649
123.095
106.113
105.189
111.167

114.228
112.377
118.303
91.418
88.615
106.461

114.174
112.474
117.933
92.752
90.324
105.915

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

128.138
129.014
126.292
107.859
107.056
112.572

Net exports o f g oods and services
E xports..............................................
Goods............................................
Services........................................
Imports...............................................
G oods............................................
Services........................................

4?
43
44
45
46
47
48

111.874
111.970
111.643
118.685
119.603
113.921

105.877
104.403
109.172
105.987
104.908
110.711

106.212
104.892
109.164
105.879
104.680
111.179

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

110.180
109.098
112.568
109.936
109.033
114.152

Government consum ption
expenditures and gross
investm ent.......................................
Federal..............................................
National defense..........................
Consumption expenditures....
Gross investment.....................
Nondefense..................................
Consumption expenditures....
Gross investment.....................
State and local..................................
Consumption expenditures.........
Gross investment.........................

49
50
51
52
53
54
55
56
57
58
59

105.605
110.900
111.653
109.175
129.524
109.326
108.284
116.678
102.611
102.328
103.812

107.287
117.266
117.648
114.933
137.252
116.467
115.768
121.237
101.688
101.655
101.854

107.991
119.085
120.237
117.326
141.271
116.687
115.800
122.874
101.770
101.444
103.135

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

109.125
124.891
124.229
120.441
151.767
126.271
124.023
142.777
100.310
100.465
99.699

G overnment consum ption
expenditures and gross
in vestm en t.......................................
Federal...............................................
National defense..........................
Consumption expenditures....
Gross investment.....................
Nondefense..................................
Consumption expenditures....
Gross investment.....................
State and local..................................
Consumption expenditures.........
Gross investment.........................

49
50
51
52
53
54
55
56
57
58
59

115.009
111.119
112.109
113.091
105.781
109.077
110.000
103.021
117.349
116.766
119.842

114.644
110.895
111.342
112.240
105.507
109.984
111.156
102.299
116.892
115.608
122.380

114.635
110.716
111.153
112.059
105.274
109.822
111.067
101.655
116.998
115.943
121.512

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

116.734
112.718
113.489
114.698
105.893
111.138
112.531
102.017
119.158
118.422
122.284

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.




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.

N ovem ber 20 1 0

Su r v e y

C

of

urrent

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

2008

2009

2009

2010

III

IV

I

II

III

G ross dom estic p ro d u c t.......................................................................................................................

1

14,369.1

14,119.0

14,114.7

14,277.3

14,446.4

14,578.7

14,730.2

Personal co nsum ption e xpenditures..........................................................................................................
Go ods......................................................................................................................
Durable g o od s........................................................................................................
Motor vehicles and parts....................
Furnishings and durable household equipment...........................................................
Recreational goods and vehicles.........
Other durable goods.........................
Nondurable go o d s...............................
Food and beverages purchased for off-premises consumption........................................
Clothing and footwear...........................................................................................
Gasoline and other energy go od s............................................................................
Other nondurable goods........................................................................................
Services...................................................................................................................
Household consumption expenditures (for services)........................................................
Housing and utilities.............................................................................................
Healthcare........
Transportation services.........................................................................................
Recreation services
19
Food services and accommodations.........................................................................
Financial services and insurance.............................................................................
Other services.....................................................................................................
Final consumption expenditures of nonprofit institutions serving households ( N P IS H s ) 1..........
Gross output of nonprofit institutions 2......................................................................
Less: Receipts from sales of goods and services by nonprofit institutions3........................

2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

10,104.5
3,379.5
1,083.5
343.2
266.0
331.6
142.6
2,296.0
775.2
334.1
411.4
775.4
6,725.0
6,446.1
1,833.1
1,547.2
306.9
383.4
611.3
848.1
916.0
278.8
1,037.6
758.8

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

10,040.7
3,276.1
1,045.2
339.1
246.9
317.1
142.1
2,231.0
777.0
322.4
326.2
805.5
6,764.6
6,507.5
1,877.5
1,629.5
288.3
377.9
601.2
809.3
923.8
257.1
1,059.0
801.9

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

10,376.7
3,409.0
1,084.1
339.1
258.2
337.0
149.8
2,325.0
802.4
337.5
341.8
843.3
6,967.6
6,698.3
1,910.3
1,700.1
301.5
384.7
631.5
822.9
947.2
269.3
1,103.5
834.2

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

1,548.5
1,691.8
1,343.8
436.6
907.2
533.7
78.9
260.0
194.7
147.1
76.0
150.5
348.0
-143.3
-0.7
-142.6

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

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

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

1,896.1
1,765.9
1,438.5
387.7
1,050.9
592.0
96.3
284.5
211.2
165.0
120.8
173.0
327.4
130.2
7.5
122.7

20
21
22
23
24
25

G ross private dom estic investm en t............................................................................................................
Fixed investment..................
Nonresidential.................
Structures...................
Equipment and software........................................................................................
Information processing equipment and software.......................................................
Computers and peripheral equipment.................................................................
Software 4...................................................................................................
Other.........
Industrial equipment..........................................................................................
Transportation equipment...................................................................................
Other equipment..............................................................................................
Residential............
Change in private inventories........................................................................................
Farm....................
40
Nonfarm................................................................................................................

26
27
28
29
30
31
32
33
34
35
36
37
38
39
41

2,096.7
2,137.8
1,665.3
582.4
1,082.9
549.9
88.6
259.7
201.6
193.7
147.2
192.1
472.5
-41.1
1.6
-42.7

Net e xpo rts o f goods and services
Exports.............................
Goods...........................
Services........................
Imports....................................................................................................................
G o ods.................................................................
Services..............................................................

42
43
44
45
46
47
48

-710.4
1,843.4
1,295.1
548.3
2,553.8
2,148.8
405.0

-386.4
1,578.4
1,063.1
515.3
1,964.7
1,587.8
376.9

-408.3
1,582.1
1,068.6
513.6
1,990.5
1,613.8
376.6

-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

-561.5
1,842.1
1,274.9
567.1
2,403.5
1,992.5
411.0

G overnment consum ption expenditures and gross investm ent
Federal...................................................................
National defense.....................................................................................................
Consumption expenditures.....................................................................................
Gross investment..........
Nondefense...................
Consumption expenditures.....................................................................................
Gross investment..........
State and local....................
Consumption expenditures..
Gross investment.....................................................................................................

49
50
51
52
53
54
55
56
57
58
59

2,878.3
1,079.9
737.3
635.7
101.7
342.5
299.0
43.6
1,798.5
1,448.2
350.3

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

2,933.8
1,155.4
787.3
676.9
110.4
368.1
322.8
45.3
1,778.4
1,425.6
352.8

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

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

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

3,018.9
1,233.6
830.5
711.2
119.3
403.1
350.3
52.8
1,785.3
1,442.0
343.3

1.
2.
3.
4.

Net expenses of NPISHs, defined as their gross operating expenses less prim ary sales to households.
Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
Excludes software “embedded,” or bundled, in computers and other equipment.




N ovem ber 2010

N a t io n a l D a t a

D -1 2

Table 1.5.6. Real Gross Domestic Product, Expanded Detail, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2010

2009
III

IV

I

II

III

Gross dom estic p ro d u c t.......................................................................................................................

1

13,228.8

12,880.6

12,860.8

13,019.0

13,138.8

13,194.9

13,260.7

Personal consu m p tion expe nd itu re s..........................................................................................................
G oods..........................
Durable g o o d s............
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 purchased for off-premises consumption........................................
Clothing and footwear...........................................................................................
Gasoline and other energy go od s............................................................................
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 P IS H s ) 1..........
Gross output of nonprofit institutions 2.......................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3........................

2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

9,265.0
3,180.3
1,136.4
348.2
271.4
393.7
129.9
2,041.2
691.6
341.7
282.0
731.3
6,082.3
5,816.1
1,638.6
1,410.0
273.1
350.0
547.6
770.9
826.5
267.3
946.8
680.6

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

9,161.6
3,138.2
1,118.3
342.7
253.5
402.8
128.1
2,016.9
687.8
324.9
285.1
721.7
6,020.7
5,766.5
1,659.4
1,441.6
249.3
339.5
525.4
739.4
812.7
254.6
950.3
695.6

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

9,225.4
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

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

9,334.6
3,245.0
1,175.2
327.2
277.5
453.3
134.1
2,070.0
704.0
343.3
281.0
746.5
6,090.1
5,825.7
1,682.5
1,467.3
255.7
342.3
542.9
724.1
811.1
265.7
968.6
703.6

G ross private d om estic in vestm en t............................................................................................................
Fixed investment.........................................................................................................
Nonresidential........................................................................................................
Structures...........................................
Equipment and software.........................................................................................
Information processing equipment and software.......................................................
Computers and peripheral equipment4
Software5
...........................................................................................
Other..............
Industrial equipment
Transportation equipment....................................................................................
Other equipment....
Residential.................
Change in private inventories.........................................................................................
Farm........................
Nonfarm.................................................................................................................

26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41

1,957.3
1,997.0
1,556.6
464.2
1,082.0
594.7

1,515.7
1,630.7
1,290.8
369.6
916.3
595.8

1,494.5
1,622.4
1,282.9
365.5
913.1
601.8

1,585.7
1,617.1
1,278.3
335.3
944.7
632.9

1,690.2
1,630.5
1,302.6
319.3
989.7
645.7

1,791.5
1,702.5
1,355.3
318.9
1,046.0
669.1

1,846.1
1,706.0
1,387.2
321.9
1,076.1
678.3

254.9
217.9
172.2
143.0
177.5
444.2
-37.6
1.0
-39.0

259.3
215.5
132.2
69.4
137.8
342.7
-113.1
3.4
-116.9

260.7
220.3
129.3
68.5
134.1
342.4
-128.2
-0.6
-127.7

269.5
227.4
128.3
74.5
132.7
341.7
-36.7
6.4
-43.0

275.4
232.3
128.4
95.8
142.4
330.7
44.1
7.6
36.5

280.9
239.5
140.7
110.2
147.8
350.1
68.8
7.8
61.0

286.6
243.5
143.2
120.3
155.2
321.3
115.5
5.9
109.9

Net e xpo rts o f g oods and services
Exports........................
Goods......................
Services...................
Imports........................
Goods......................
Services...................

42
43
44
45
46
47
48

-504.1
1,647.7
1,156.6
491.1
2,151.7
1,796.6
355.5

-363.0
1,490.7
1,018.2
472.0
1,853.8
1,513.5
340.5

-390.8
1,490.0
1,019.1
470.5
1,880.8
1,542.7
338.7

-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

-514.9
1,672.3
1,169.0
503.9
2,187.2
1,828.5
360.0

49
50
51
52

2,502.7
971.8
657.7
562.1
96.1
314.0
271.8
42.3
1,532.6
1,240.2
292.3
-5.7

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

2,559.3
1,043.5
708.3
604.0
104.8
335.2
290.7
44.5
1,520.0
1,229.5
290.4
4.7

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

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

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

2,586.1
1,094.4
731.8
620.1
112.6
362.7
311.3
51.8
1,498.2
1,217.7
280.7
-40.0

.....................................................

G overnm ent c o nsu m p tion expenditures and gro ss investm ent
Federal.....................................................................................................................
National defense.........
Consumption expenditures.....................................................................................
Gross investment
53
Nondefense...............
Consumption expenditures.....................................................................................
Gross investment.....
State and local...............
Consumption expenditures.........................................................................................
Gross investment........
Residual......................................................................................................................

54
55
56
57
58
59
60

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.
Note. The residual line is the difference between the first line and the sum of the most detailed lines.




Novem ber 2010

Su r v e y

of

C

urrent

B u s in e s s

D -1 3

Table 1.6.4. Price Indexes for

Table 1.6.7. Percent Change From Preceding Period in

Gross Domestic Purchases
[Index numbers, 2005=100]

Prices for Gross Domestic Purchases
[Percent]
Seasonally adjusted

Line

Gross dom estic p u rc h a s e s ...........
Personal consu m p tion expenditures
G o ods......................................
Durable g o o d s........................
Motor vehicles and parts.......
Furnishings and durable
household equipment........
Recreational goods and
vehicles..........................
Other durable goods.............
Nondurable go o d s...................
Food and beverages purchased
for off-premises consumption
Clothing and footwear...........
Gasoline and other energy
goods ............................
Other nondurable goods........
Services..................................
Household consumption
expenditures.......................
Housing and utilities.............
Health care........................
Transportation services.........
Recreation services..............
Food services and
accommodations..............
Financial services and
insurance........................
Other services....................
Final consumption expenditures of
nonprofit institutions serving
households (N P ISH s)...........
Gross private dom estic investm ent
Fixed investment........................
Nonresidential........................
Structures..........................
Equipment and software........
Information processing
equipment and software...
Computers and peripheral
equipment...............
Software 1...................
Other.........................
Industrial equipment..........
Transportation equipment...
Other equipment..............
Residential.............................
Chanqe in private inventories........
Farm....................................
Nonfarm................................
G overnment consum ption
expenditures and gross
investm ent.........................................
Federal....................................
National defense.....................
Consumption expenditures.....
Gross investment.................
Nondefense...........................
Consumption expenditures.....
Gross investment.................
State and local...........................
Consumption expenditures.....
Gross investment.................
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................

2008

2009

2009

Seasonally adjusted at annual rates

2010

Line

III

IV

I

II

III

2009

2010

2009
III

IV

I

II

III

1

109.813

109.614

109.702

110.265

110.838

110.852

111.080

Gross dom estic purchases............

1

3.2

-0 .2

1.4

2.1

2.1

0.1

0.8

2
3
4
5

109.061
106.262
95.340
98.575

109.258
103.634
93.782
98.676

109.598
104.403
93.450
98.961

110.333
105.120
93.603
101.333

110.901
105.784
93.121
102.384

110.888
104.812
92.755
103.041

111.166
105.064
92.234
103.639

2
3
4
5

3.3
3.2
-1.4
-1.1

0.2
-2.5
-1.6
0.1

2.9
5.7
-2.5
4.9

2.7
2.8
0.7
9.9

2.1
2.6
-2.0
4.2

0.0
-3.6
-1.6
2.6

1.0
1.0
-2.2
2.3

6

98.041

97.709

97.357

96.127

95.304

94.310

93.010

6

-0.6

-0.3

-5.9

-5.0

-3.4

-4.1

-5.4

7
8
9

84.233
109.745
112.484

79.513
111.234
109.262

78.653
110.981
110.624

77.455
112.456
111.651

76.282
111.179
112.949

75.327
111.571
111.638

74.279
111.755
112.325

7
8
9

-4.5
3.7
5.6

-5.6
1.4
-2.9

-8.3
0.3
9.7

-6.0
5.4
3.8

-5.9
-4.5
4.7

-4.9
1.4
-4.6

-5.5
0.7
2.5

10
11

112.089
97.754

113.538
98.588

112.967
99.207

112.950
98.770

113.466
98.452

113.916
97.439

113.989
98.323

10
11

6.0
-0.8

1.3
0.9

-2.4
3.6

-0.1
-1.8

1.8
-1.3

1.6
-4.1

0.3
3.7

12
13
14

145.870
106.032
110.566

106.387
110.691
112.233

114.356
111.605
112.355

121.338
111.966
113.102

128.166
112.594
113.620

118.788
112.604
114.116

121.592
112.967
114.408

12
13
14

17.7
2.4
3.4

-27.1
4.4
1.5

88.1
2.6
1.7

26.8
1.3
2.7

24.5 -26.2
2.3
0.0
1.8
1.8

9.8
1.3
1.0

15
16
17
18
19

110.832
111.871
109.730
112.406
109.542

112.718
113.240
112.693
115.633
110.815

112.850
113.144
113.041
115.659
111.318

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

114.978
113.542
115.871
117.925
112.387

15
16
17
18
19

3.5
3.6
2.7
5.4
3.1

1.7
1.2
2.7
2.9
1.2

1.7
-0.2
2.8
2.6
4.0

2.8
0.5
3.3
3.8
0.4

2.0
0.4
2.2
2.7
-0.3

1.8
0.0
2.5
2.6
2.1

1.0
0.5
2.0
-1.2
1.7

20

111.644

114.375

114.436

114.935

115.001

115.794

116.327

20

4.0

2.4

0.5

1.8

0.2

2.8

1.9

21
22

110.015
110.819

109.533
113.329

109.436
113.667

111.427
114.795

113.396
115.541

113.758
116.488

113.628
116.769

Personal co nsum ption expenditures
G o ods......................................
Durable g o o d s........................
Motor vehicles and parts.......
Furnishings and durable
household equipment........
Recreational goods and
vehicles.........................
Other durable goods.............
Nondurable go od s...................
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 (N P ISH s)...........

21
22

3.0
4.1

-0.4
2.3

1.7
3.2

7.5
4.0

7.3
2.6

1.3
3.3

-0.5
1.0

23

104.298

101.105

101.003

100.977

100.254

100.713

101.366

24
25
26
27
28

106.977
107.053
106.984
125.460
100.083

104.873
105.260
105.700
122.187
99.620

103.656
104.294
104.768
119.654
99.344

103.466
104.030
104.144
119.017
98.721

102.952
103.661
103.639
119.291
97.954

102.765
103.487
103.636
119.887
97.764

102.875
103.539
103.730
120.665
97.651

29

92.470

89.062

88.653

88.285

87.923

87.583

87.243

30
31
32
33
34
35
36
37
38
39

70.639
101.916
92.483
112.440
102.921
108.232
106.361

64.734
100.364
88.358
113.766
109.977
112.772
102.736

64.049
99.755
88.345
113.741
110.986
112.223
101.637

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

61.392
99.256
86.681
115.234
100.440
111.508
101.907

G ross private dom estic investm ent
Fixed investment.........................
Nonresidential........................
Structures..........................
Equipment and software........
Information processing
equipment and software...
Computers and peripheral
equipment...............
Software 1 ...................
Other.........................
Industrial equipment..........
Transportation equipment...
Other equipment...............
Residential.............................

40
41
42
43
44
45
46
4/
48
49
50

115.009
111.119
112.109
113.091
105.781
109.077
110.000
103.021
117.349
116.766
119.842

114.644
110.895
111.342
112.240
105.507
109.984
111.156
102.299
116.892
115.608
122.380

114.635
110.716
111.153
112.059
105.274
109.822
111.067
101.655
116.998
115.943
121.512

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

116.734
112.718
113.489
114.698
105.893
111.138
112.531
102.017
119.158
118.422
122.284

Government consum ption
expenditures and gross
in vestm ent.........................................
Federal.....................................
National defense.....................
Consumption expenditures.....
Gross investment.................
Nondefense...........................
Consumption expenditures.....
Gross investment.................
State and local...........................
Consumption expenditures.....
Gross investment.................

51

68.563

61.477

60.337

59.433

58.903

58.146

57.696

62
53
54

110.322
112.038
136.288

110.236
113.396
109.541

110.344
112.776
112.982

110.932
112.772
118.309

111.525
113.138
122.569

111.555
113.496
116.855

111.795
113.702
118.385

bb
56

108.668
108.598

109.422
109.618

109.429
109.759

109.839
109.693

110.274
109.959

110.491
110.485

110.669
111.108

b/
58
59

108.999
114.294
87.227

110.128
114.629
99.394

110.293
114.164
104.156

110.230
113.766
87.449

110.512
113.899
81.351

111.054
113.754
93.428

111.695
114.204
111.393

60
61
62

108.672
108.608
109.823

109.495
109.647
109.649

109.524
109.809
109.757

109.919
109.736
110.309

110.392
110.020
110.900

110.662
110.552
110.917

110.892
111.171
111.137

63

109.834

109.611

109.693

110.238

110.831

110.854

111.054

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.




2008

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...............

23

0.7

-3.1

0.9

-0.1

-2.8

1.8

2.6

24
25
26
27
28

0.7
0.8
1.4
4.7
-0.2

-2 .0
-1.7
-1.2
-2.6
-0.5

-6.0
-4.8
-5.1
-10.5
-2.4

-0 .7
-1.0
-2.4
-2.1
-2.5

-2.0
-1.4
-1.9
0.9
-3.1

-0 .7
-0.7
0.0
2.0
-0.8

0.4
0.2
0.4
2.6
-0.5

29

-1.7

-3.4

-3.7

-2.3

30 -10.1
0.2
31
-4.8
32
33
4.8
34
0.5
3.4
35
36
-1.2
37
38
39

-8.4
-1.5
-4.5
1.2
6.9
4.2
-3.4

-6.1
-3.2
0.7
0.7
-6.9
-3.5
-3.3

40
41
42
43
44
45
46
47
48
49
50

4.7
3.1
3.6
3.8
2.2
2.2
2.4
0.6
5.6
5.8
5.0

-0.3
-0.2
-0.7
-0.8
-0.3
0.8
1.1
-0.7
-0.4
-1.0
2.1

0.4
-0.1
0.3
0.4
-0.4
-1.0
-0.6
-3.6
0.8
2.1
-4.6

51

-11.1

-10.3

3.3
-0.1
6.0
1.2
14.4 -19.6

52
53
54

-1.6

-1.5

-1.5

-2.7
-6.0
-1.1
0.9
-3.1
-1.9
0.9
1.3
-17.6 -16.0
-0.6
-4.3
0.6
4.3

-4.1
-0.6
-1.5
1.9
-2.2
0.4
-3.2

-3.8
-1.1
-1.0
1.2
-0.8
2.0
-0.5

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

0.4
0.4
0.4
0.5
-0.2
0.3
0.2
0.8
0.5
0.2
1.6

-11.1

-5.9

-3.5

-5.0

-3.1

1.5
-2.5
39.7

2.1
0.0
20.2

2.2
0.1
1.3
1.3
15.2 -17.4

0.9
0.7
5.3

55
56

2.6
?.2

0.7
0.9

0.4
0.7

1.5
-0.?

1.6
1.0

0.8
1.9

0.6
2.3

57
58
59

2.3
7.2
-21.1

1.0
0.3
13.9

0.9
-3.0
14.7

-0.2
-1.4
-50.3

1.0
0.5
-25.1

2.0
-0.5
74.0

2.3
1.6
102.1

60
61
62

2.3
2.2
3.2

0.8
1.0
-0.2

0.6
0.8
1.5

1.5
-0.3
2.0

1.7
1.0
2.2

1.0
1.9
0.1

0.8
2.3
0.8

63

3.2

-0.2

1.3

2.0

2.2

0.1

0.7

1. Excludes software “embedded," or bundled, in computers and other equipment.
2. Some components of final sales of computers include computer parts.
3. Food excludes personal consumption expenditures for purchased meals and beverages, which are classi­
fied in food services.
4. The percent change for this series is calculated from the implicit price deflator in NIPA table 1.6.4.

D -1 4

N ovem ber 2010

N a tio n a l D a t a

Table 1.6.8. Contributions to Percent Change in

Table 1.7.1. Percent Change from Preceding Period in Real Gross Domestic

the Gross Domestic Purchases Price Index

Product, Real Gross National Product, and Real Net National Product
[Percent]

Seasonally adjusted at annual rates
Line

2008

2009

2009
III

Seasonally adjusted at annual rates

2010
IV

II

I

Line

Percent change at annual rate:
Gross dom estic p u rc h a s e s ...........

1

3.2

-0 .2

1.4

2.1

2.1

0.1

0.8

2
3
4
5

2.21
0.73
-0.11
-0.03

0.12
-0.56
-0.12
0.00

1.92
1.19
-0.19
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

0.68
0.21
-0.16
0.05

6

-0.01

-0.01

-0.11

-0.09

-0.06

-0.07

-0.09

7
8
9

-0.11
0.03
0.84

-0.13
0.01
-0.44

-0.19
0.00
1.38

-0.14
0.05
0.56

-0.13
-0.04
0.72

-0.11
0.01
-0.72

-0.12
0.01
0.37

10
11

0.30
-0.02

0.07
0.02

-0.13
0.08

-0.01
-0.04

0.10
-0.03

0.08
-0.09

0.01
0.08

12
13
14

0.43
0.12
1.48

-0.76
0.23
0.68

1.29
0.14
0.73

0.54
0.07
1.21

0.53
0.12
0.85

-0.71
0.00
0.80

0.21
0.07
0.47

Percentage poin ts at annual rates:
Personal consu m p tion expenditures
Goods......................................
Durable go od s........................
Motor vehicles and parts.......
Furnishings and durable
household equipment........
Recreational goods and
vehicles.........................
Other durable goods.............
Nondurable go o d s...................
Food and beverages purchased
for off-premises consumption
Clothing and footwear...........
Gasoline and other energy
g o o d s............................
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 (N P ISH s)...........
Gross private dom estic investm ent
Fixed investment.........................
Nonresidential........................
Structures..........................
Equipment and software........
Information processing
equipment and software...
Computers and peripheral
equipment...............
Software 1...................
Other.........................
Industrial equipment..........
Transportation equipment...
Other equipment..............
Residential.............................
Change in private inventories........
Farm....................................
Nonfarm................................
G overnment consum ption
expenditures and gross
investm ent..........................................
Federal....................................
National defense.....................
Consumption expenditures.....
Gross investment.................
Nondefense...........................
Consumption expenditures.....
Gross investment.................
State and local...........................
Consumption expenditures.....
Gross investment.................
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......................

2009

2009
III

G ross dom estic p ro d u c t............
Plus: Income receipts from the

1

0.0

-2.6

2010
IV

I

II

1.6

5.0

3.7

III
1.7

2.0

7

-6.6

-24.9

9.1

23.7

16.7

1.3

3

-13.9

-27.2

-18.0

35.5

0.8

-1.4

4
5
6
7
8

0.3
3.2
3.2
3.3
3.5

-2 .8
1.8
1.5
3.3
3.5

2.6
0.5
0.0
3.0
3.1

4.9
0.7
0.3
2.8
2.9

4.4
1.3
1.1
2.6
2.7

1.8
1.9
1.6
3.0
3.2

2.3
2.1
3.3
3.6
2.2

Less: Income payments to the rest
Equals: Gross national product
Less: Consumption of fixed capital
Private....................
Government..............
General government
Government
enterprises........
Equals: Net national product

9

2.4

2.2

2.1

2.0

1.8

2.2

10

-0.1

-3.4

3.0

5.5

4.9

1.8

11
1?
13
14
15

-0.8
-0.5
-0.5
-1 .4
-1.7

-2.9
-3.1
-3.3
-3.6
-4.4

0.0
1.0
1.8
-0.1
3.3

6.7
6.6
5.7
7.7
3.4

4.1
4.8
4.1
4.5
4.3

1.3
1.4
1.7
1.2
5.6

16

2.5

-1.9

3.4

4.6

5.5

3.8

Addenda:

15
16
17
18
19

1.47
0.43
0.27
0.11
0.08

0.74
0.15
0.29
0.06
0.03

0.72
-0.03
0.31
0.05
0.10

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

0.42
0.06
0.23
-0.02
0.04

20

0.16

0.10

0.02

0.07

0.01

0.11

0.08

21
22

0.17
0.25

-0.02
0.14

0.08
0.19

0.39
0.25

0.39
0.16

0.07
0.20

-0.02
0.06

Gross national income 2........
Net domestic product............
Net domestic purchases........
Gross national product, current

2.0
4.2

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Gross national income deflated by the implicit price deflator for gross national product.
3. Net domestic income deflated by the implicit price deflator for net domestic product.

Table 1.7.3. Real Gross Domestic Product, Real Gross National Product,
and Real Net National Product, Quantity Indexes
[Index numbers, 2005=100]

23

0.01

-0.06

0.01

0.00

-0.05

0.03

0.05

24
25
26
27
28

0.11
0.11
0.16
0.17
-0.02

-0.24
-0.22
-0.12
-0.09
-0.03

-0.61
-0.60
-0.52
-0.36
-0.16

-0.05
-0.13
-0.23
-0.07
-0.16

-0.22
-0.16
-0.18
0.02
-0.20

-0.09
-0.08
0.00
0.05
-0.05

0.05
0.02
0.03
0.07
-0.03

29

-0.13

-0.14

-0.08

-0.06

-0.06

-0.06

-0.06

30
31
32
33
34
35
36
37
38
39

-0.06
0.00
-0.07
0.06
0.01
0.04
-0.04
0.00
0.00
-0.01

-0.05
-0.03
-0.06
0.01
0.04
0.05
-0.10
-0.02
-0.01
-0.02

-0.03
-0.06
0.01
0.01
-0.05
-0.04
-0.08
-0.01
0.00
-0.01

-0.04
0.02
-0.04
0.01
-0.11
-0.01
0.10
0.07
0.00
0.07

-0.02
-0.02
-0.03
0.01
-0.10
-0.05
0.01
-0.06
-0.01
-0.05

-0.03
-0.01
-0.02
0.02
-0.02
0.00
-0.08
-0.01
-0.02
0.01

-0.02
-0.02
-0.01
0.01
-0.01
0.02
-0.01
0.03
0.03
0.00

40
41
42
43
44
45
46
4/
48
49
50

0.86
0.21
0.17
0.15
0.01
0.05
0.05
0.00
0.65
0.54
0.11

-0.06
-0.02
-0.03
-0.03
0.00
0.02
0.02
0.00
-0.05
-0.10
0.05

0.08
0.00
0.02
0.02
0.00
-0.02
-0.01
-0.01
0.08
0.20
-0.12

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

0.09
0.03
0.02
0.02
0.00
0.01
0.01
0.00
0.06
0.02
0.04

Seasonally adjusted
Line

2008

2009

2009
III

G ross dom estic p ro d u c t............
Plus: Income receipts from the
rest of the world...................
Less: Income payments to the rest
Equals: Gross national product
Less: Consumption of fixed capital
Private....................
Government..............
General government
Government
enterprises........

2010
IV

I

1 104.672 101.917 101.760

103.012

103.960

2 133.660 100.427

99.948

105.396 109.555 109.907

S 127.412

92.797

88.238

95.203

95.393

95.051

102.192
113.198
113.211
113.019
113.823

102.185
113.268
113.203
113.459
114.291

103.413
113.468
113.281
114.235
115.117

104.534
113.846
113.583
114.964
115.893

105.003
114.374
114.042
115.816
116.797

115.035
114.640
116.770
117.824
111.561

4
5
6
7
8

105.129
111.232
111.580
109.454
110.010

II

III

104.403 104.924

9 106.695 109.045

109.343 109.873 110.371

110.961

Equals: Net national p ro d u c t....

10 104.288 100.691

100.675 102.038 103.257

103.718

Addenda:
Net domestic product............
Net domestic purchases........

11 103.761 100.363 100.177 101.570 102.593 103.025 103.527
97.224
99.114 100.478 101.505
12 101.656
97.268
98.073

Table 1.7.4. Price Indexes for Gross Domestic Product,
Gross National Product, and Net National Product
[Index numbers, 2005=100]
Seasonally adjusted

51

-0.12

-0.10

-0.11

-0.06

-0.04

-0.05

Line

-0.03

2008

2009

2009
III

52
53
54

3.30
0.30
0.55

-0.08
0.06
-0.87

1.50
-0.13
1.24

2.13
0.00
0.74

2.13
0.07
0.58

0.11
0.07
-0.73

0.85
0.04
0.20

55

2.33

0.63

0.28

1.32

1.45

0.72

0.59

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.




2008

III

Gross dom estic p ro d u c t............
Plus: Income receipts from the
rest of the world...................
Less: Income payments to the rest
of the world.........................
Equals: Gross national product
Less: Consumption of fixed capital
Private....................
Government..............
General government
Government
enterprises........

2010
IV

1 108.598 109.618 109.759 109.693
2 109.567 109.446

109.555 110.071

U 109.617 109.505 109.582
4
5
6
7
8

108.605
107.857
106.707
113.878
113.555

109.612
106.665
105.097
114.865
114.617

109.753
105.863
104.236
114.365
114.170

I
109.959

II

III

110.485 111.108

110.527 110.547

110.173

110.709 110.712

109.691
105.901
104.322
114.152
114.026

109.957
105.561
103.862
114.424
114.297

110.478
105.524
103.756
114.741
114.570

105.542
103.725
115.005
114.731

9 115.526 116.128 115.348 114.777 115.052 115.598 116.405

Equals: Net national p ro d u c t....

10 108.715 110.053 110.340 110.261

Addenda:
Net domestic product............
Net domestic purchases........

11 108.708 110.065 110.353 110.270 110.630 111.244 111.960
12 110.087 110.034 110.257 110.898 111.608 111.630 111.888

110.619

111.225

N ovem ber 2 0 1 0

Su r v e y

of

C

urrent

B u s in e s s

D -1 5

Table 1.7.5. Relation of Gross Domestic Product, Gross National Product,

Table 1.7.6. Relation of Real Gross Domestic Product, Real Gross National

Net National Product, National Income, and Personal Income
[Billions of dollars]

Product, and Real Net National Product, Chained Dollars
[Billions of chained (2005) dollars]

Seasonally adjusted at annual rates
Line

2008

2009

2009
III

G ross domestic p roduct........
Plus: Income receipts from the
rest of the world..................
Less: Income payments to the
rest of the world..................
Equals: G ro ss national product
Less: Consumption of fixed
capital..............................
Private....................
Domestic business
Capital
consumption
allowances....
Less: Capital
consumption
adjustment....
Households and
institutions........
Government.............
General government
Government
enterprises.....

Seasonally adjusted at annual rates
Line

2010
IV

I

II

629.8

627.4

664.7

693.7

696.1

3

664.7

483.6

460.1

499.1

502.6

500.8

4 14,543.6 14,265.3 14,281.9 14,442.8 14,637.6 14,774.0
5
6
7

1,849.2
1,536.9
1,244.5

1,861.1
1,535.8
1,245.2

1,848.3
1,523.1
1,234.3

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

1,871.4
1,534.9
1,243.0

8

1,358.1

1,297.2

1,295.0

1,295.8

1,145.5

1,151.4

1,159.2

9

113.6

52.0

60.7

61.1

-85.6

-85.4

-83.8

10
11
12

292.4
312.3
260.7

290.6
325.3
272.3

288.8
325.1
272.3

290.8
326.8
274.0

291.7
329.6
276.5

290.5
333.0
279.3

291.9
336.5
282.1

13

51.6

53.0

52.8

52.8

53.2

53.7

54.4

14 12,694.4 12,404.2 12,433.6 12,590.6 12,785.2 12,913.7

Less: Statistical discrepancy

15

Equals: National incom e......
Less: Corporate profits with
inventory valuation and capital
consumption adjustments......
Taxes on production and
imports less subsidies
Contributions for
government social
insurance, domestic....
Net interest and
miscellaneous
payments on a sse ts....
Business current transfer
payments (net).........
Current surplus of
government
enterprises..............
Wage accruals less
disbursements..........
Plus: Personal income receipts on
asse ts..............................
Personal current transfer
receipts...................

16 12,557.8 12,225.0 12,204.8 12,415.5 12,621.0 12,733.0

24

2,109.3

1,919.7

1,891.1

1,889.2

1,911.1

1,914.4

1,898.4

25

1,879.2

2,132.8

2,159.3

2,188.2

2,245.5

2,286.1

2,309.8

Equals: Personal incom e.......

26 12,391.1 12,174.9 12,164.0 12,239.0 12,350.3 12,473.8 12,539.5

Addenda:
Gross domestic income........
Gross national income..........
Gross national factor income 1
Net domestic product...........
Net domestic income...........
Net national factor income 2....
Net domestic purchases.......

228.9

175.2

164.2

1,262.8

1,258.0

1,297.5

1,418.2

1,566.6

1,614.1

18

992.3

964.4

959.2

976.8

988.5

996.1

1,003.2

19

987.2

970.3

970.6

974.8

987.8

995.6

1,001.9

20

812.8

784.3

750.7

765.6

765.9

736.2

727.1

21

121.7

134.0

124.9

129.8

130.5

130.8

133.1

1 13,228.8 12,880.6 12,860.8 13,019.0 13,138.8 13,194.9 13,260.7

'?

765.9

575.5

572.7

604.0

627.8

629.8

3

606.3

441.6

419.9

453.1

454.0

452.3

Equals: G ross n ational product
Less: Consumption of fixed
capital..............................
Private....................
Government.............
General government
Government
enterprises.......

4 13,388.7 13,014.7 13,013.8 13,170.1 13,313.0 13,372.7

Equals: Net national product. ..

10 11,674.1 11,271.5 11,269.7 11,422.3 11,558.8 11,610.4

b
6
7
8

1,714.5
1,440.3
274.3
229.6

1,744.8
1,461.3
283.2
237.5

1,745.9
1,461.2
284.3
238.5

1,749.0
1,462.2
286.2
240.2

1,754.8
1,466.1
288.1
241.9

1,762.9
1,472.1
290.2
243.7

1,773.1
1,479.8
292.6
245.9

9

44.7

45.7

45.8

46.0

46.2

46.5

46.7

Addenda:
11 13,103.1 12,717.1
Gross domestic income 1 ......
1? 13,263.0 12.851.3
Gross national income 2.......
13 11,514.3 11.137.3
Net domestic product...........
14 11,388.7 10,974.5
Net domestic income 3 .........
Net domestic
purchases
12,015.5

12.652.3
12.805.3
11,116.7
10,909.3
15

22

-16.7

-13.2

-11.7

-11.3

-12.1

-13.1

-14.2

23

-5.0

5.0

0.0

0.0

0.0

0.0

0.0

[Index numbers, 2005=100]
Seasonally adjusted
2008

2009

2009
III

13,939.9
14,086.2
13,001.0
12,257.9
12,078.8
11,139.9
12,644.3

13,885.8
14,053.1
12,980.7
12,266.4
12,037.6
11,132.5
12,674.7

14,102.1
14,267.7
13,172.3
12,425.1
12,249.9
11,320.1
12,851.5

14,282.2
14,473.4
13,366.4
12,594.0
12,429.8
11,514.0
13,073.8

12.859.3 12,989.5 13,031.3
13.010.4 13,163.6 13,209.2
11,271.2 11,384.8 11,432.7 11,488.4
11,112.2 11,236.4 11.270.3
11,715.011,496.9
11.876.3 11,997.6
11,592.011,491.7

Table 1.8.3. Command-Basis Real Gross Domestic Product
and Gross National Product, Quantity Indexes

Line

14,232.5
14,407.0
13,309.7
12,519.9
12,383.3
11,460.4
13,230.3

III

the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are
usually not additive.

17

27
28
29
30
31
32
33

II

I

2. Gross national income deflated by the implicit price deflator for gross national product.
3. Net domestic income deflated by the implicit price deflator for net domestic product.
Note. Except as noted in footnotes 1, 2 and 3, chained (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

180.7

14,398.1
14,593.4
13,479.6
12,718.3 12,858.8
12,537.7
11,619.2
13,257.6 13,420.2

1. Consists of compensation of employees, proprietors' income with inventory valuation adjustment (IVA) and capital
consumption adjustm ent (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.




G ross dom estic p ro d u c t...........
Plus: Income receipts from the
rest of the world..................
Less: Income payments to the
rest of the world..................

IV

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.

Equals: Net national product.

179.1

2010

III

1 14,369.1 14,119.0 14,114.7 14,277.3 14,446.4 14,578.7 14,730.2
839.2

2009

2009

III

2

136.6

2008

G ross dom estic p ro d u c t.............
Less: Exports of goods and
services.............................
Plus: Imports of goods and
services.............................
Equals: Gross dom estic
purcha ses...................................
Plus: Exports of goods and
services, command basis 1......
Less: Imports of goods and
services, command basis 1......
Equals: C ommand-basis gross
dom estic p ro d u c t1 2 ...............
Plus: Income receipts from the rest
of the world, command basis '
Less: Income payments to the rest
of the world, command basis 1
Equals: Com m and-basis gross
national p ro d u c t1,3.................
Addenda:
Command-basis net domestic
product4.........................
Net domestic product.............
Command-basis net national
product4.........................
Net national product...............
Percent change from
p receding period:
Real gross domestic product
Command-basis gross
domestic product...........
Real gross national product...
Command-basis gross
national product.............

2010
IV

II

I

III

1 104.672 101.917 101.760 103.012 103.960 104.403 104.924
2 126.255 114.228 114.174 120.569 123.858 126.592 128.138
3 106.113

91.418

92.752

93.874

4 102.756

99.045

99.092

99.829 100.797 102.070 103.057

96.401

103.613 107.859

5 128.625 110.334 110.525 117.450 121.536 125.674 127.087
6 114.686

88.393

89.503

94.678

99.586 104.892 106.736

7 103.534 101.917 101.810 102.457 103.134 104.065 104.932
8 133.361

100.273

99.851

9 127.184

92.704

88.213

m

105.247 109.285 109.642
95.359

95.007

103.992 102.188 102.229 102.854 103.701

104.654

95.200

11 102.484 100.389 100.260 100.970 101.691 102.675 103.569
12 103.761 100.363 100.177 101.570 102.593 103.025 103.527
13 103.011 100.705 100.744 101.426 102.338 103.346
14 104.288 100.691 100.675 102.038 103.257 103.718

15

0.0

-2.6

1.6

5.0

3.7

1.7

2.0

16
17

-1.0
0.3

-1.6
-2.8

0.9
2.6

2.6
4.9

2.7
4.4

3.7
1.8

3.4

18

-0.6

-1.7

2.0

2.5

3.3

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.

N ovem ber 2010

N a tio n a l D a t a

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

2008

2009

2009
III

2010
IV

I

III

II

Gross dom estic p ro d u ct................................................................................................................................
Less: Exports of goods and services..................................................................................
Plus: Imports of goods and services...................................................................................

1
2
3

13,228.8
1,647.7
2,151.7

12,880.6
1,490.7
1,853.8

12,860.8
1,490.0
1,880.8

13,019.0
1,573.5
1,903.6

13,138.8
1,616.4
1,954.8

13,194.9
1,652.1
2,101.1

13,260.7
1,672.3
2,187.2

Equals: G ross dom estic p u rch a se s...........................................................................................................
Plus: Exports of goods and services, command b a s is 1..........................................................
Less: Imports of goods and services, command basis 1.........................................................

4
5
6

13,729.4
1,678.6
2,325.6

13,233.6
1,439.9
1,792.4

13,239.8
1,442.2
1,814.4

13,338.2
1,532.6
1,919.3

13,467.6
1,585.9
2,018.8

13,637.7
1,639.9
2,126.4

13,769.6
1,658.3
2,163.8

Equals: Command-basis gross dom estic p ro d u c t12
Plus: Income receipts from the rest of the world, command basis 1...........................................
Less: Income payments to the rest of the world, command basis 1............................................

7
8
9

13,085.0
764.2
605.3

12,880.7
574.6
441.2

12,866.4
571.9
419.4

12,948.2
602.8
452.7

13,033.8
625.9
453.4

13,151.4
13,261.0
628.0 .............
451.7 .............

Equals: Com m and-basis gross national p ro d u c t13...............................................................................

10

13,244.0

13,014.1

13,018.8

13,098.3

13,206.3

13,327.7 .............

11
12
13
14
15
16
17
18

11,372.7
11,514.3
11,531.2
11,674.1
98.893
94.262
93.618
103.470

11,140.2
11,137.3
11,273.1
11,271.5
100.004
99.896
99.518
100.892

11,125.3
11,116.7
11,277.0
11,269.7
100.052
100.314
100.203
101.876

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
11,492.5
11,432.7
11,488.4
11,568.3 .............
11,610.4
99.669
100.026
98.064
100.222
97.593
100.060
103.064
103.356

Addenda:
Command-basis net domestic product4...........................................................................
Net domestic product...................................................................................................
Command-basis net national product4............................................................................
Trading gains index 5...................................................................................................
Terms of trade index 6..................................................................................................
Terms of trade, goods 7.............................................................................................
Terms of trade, nonpetroleum goods 8..........................................................................
1.
2.
3.
4.
5.
6.
7.
8.

Uses gross domestic purchases price index as deflator.
This measure is called “real gross domestic income” in the System of National Accounts, 2008.
This measure is called “real gross national income” in the System of National Accounts, 2008.
Uses net domestic purchases price index as deflator.
Ratio (multiplied by 100) of the price index for gross domestic product to the price index for gross domestic purchases.
Ratio (multiplied by 100) of the price index for exports of goods and services to the price index for imports of goods and services.
Ratio (multiplied by 100) of the price index for goods exports to the price index for goods imports.
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

2008

2009

2009

2010
IV

III

I

III

II

.............

G ross dom estic in c o m e .......................................................................................................................

1

14,232.5

13,939.9

13,885.8

14,102.1

14,282.2

Com pensation o f employees, p a id ..............................................................................................................
Wage and salary accruals.............................................................................................
Disbursements..
To persons.........................................................................................................
To the rest of the world..........................................................................................
Wage accruals less disbursements..............................................................................
Supplements to wages and salaries................................................................................

2
3
4
5
6
7
8

8,068.1
6,561.4
6,566.4
6,556.0
10.4
-5.0
1,506.8

7,819.5
6,286.9
6,281.9
6,271.2
10.8
5.0
1,532.6

7,806.4
6,271.6
6,271.6
6,261.0
10.7
0.0
1,534.8

7,839.2
6,292.8
6,292.8
6,281.9
10.8
0.0
1,546.5

7,866.3
6,299.6
6,299.6
6,288.4
11.2
0.0
1,566.7

7,928.7
7,977.3
6,350.9
6,389.2
6,350.9
6,389.2
6,339.4 .............
11.5 ...........
0.0
0.0
1,577.8
1,588.1

Taxes on p roduction and im p o rts ................................................................................................................

9

1,045.1

1,024.7

1,028.2

1,035.2

1,045.9

1,054.6

Less: S u b sid ie s................................................................................................................................................

10

52.8

60.3

69.1

58.4

57.4

58.5

Net operating s u rp lu s .....................................................................................................................................
Private enterprises......................................................................................................
Net interest and miscellaneous payments, domestic industries...........................................
Business current transfer payments (net)......................................................................
Proprietors’ income with inventory valuation and capital consumption adjustments.................
Rental income of persons with capital consumption adjustment.........................................
Corporate profits with inventory valuation and capital consumption adjustments, domestic
industries...........................................................................................................
Taxes on corporate income.....................................................................................
Profits after tax with inventory valuation and capital consumption adjustments...................
Net dividends...................................................................................................
Undistributed corporate profits with inventory valuation and capital consumption
adjustments.................................................................................................
Current surplus of government enterprises.......................................................................

11
12
13
14
1b
16

3,322.8
3,339.5
1,042.3
121.7
1,102.0
222.0

3,294.9
3,308.1
982.5
134.0
1,011.9
274.0

3,271.9
3,283.7
940.0
124.9
1,006.4
279.1

3,433.9
3,445.1
954.8
129.8
1,022.1
282.8

3,575.0
3,587.1
955.0
130.5
1,030.7
292.7

58.5
3,612.9 .............
3,626.0 .............
923.9 .........
130.8
133.1
1,049.7
1,058.8
298.8
305.4

1/
18
19
20

851.5
308.4
543.1
611.5

905.7
254.9
650.8
611.6

933.2
255.7
677.5
567.3

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

21
22

-68.4
-16.7

39.2
-13.2

110.2
-11.7

140.5
-11.3

153.6
-12.1

Consum ption of fixed c a p ita l.......................................................................................................................
Private.....................................................................................................................
Government..............................................................................................................

23
24
25

1,849.2
1,536.9
312.3

1,861.1
1,535.8
325.3

1,848.3
1,523.1
325.1

1,852.2
1,525.5
326.8

1,852.4
1,522.8
329.6

1,860.4
1,527.4
333.0

26

136.6

179.1

228.9

175.2

164.2

180.7

14,398.1

.............
.............
.............
.............

225.6 .............
-13.1
-14.2

Addendum :




1,061.7

1,871.4
1,534.9
336.5

N ovem ber 2 0 1 0

Su r v e y

of

C

urrent

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

2008

2009

2009
III

2010
IV

I

II

III

1

12,557.8

12,225.0

12,204.8

12,415.5

12,621.0

12,733.0

C om pensation o f employees
Wage and salary accruals.............................................................................................
Government........
.........................................
Other................
Supplements to wages and salaries................................................................................
Employer contributions for employee pension and insurance funds.....................................
Employer contributions for government social insurance..........

2
3
4
5
6
7
8

8,060.8
6,554.0
1,144.0
5,410.1
1,506.8
1,036.6
470.1

7,811.7
6,279.1
1,173.6
5,105.5
1,532.6
1,072.0
460.6

7,798.7
6,263.9
1,175.6
5,088.3
1,534.8
1,074.0
460.8

7,831.4
6,284.9
1,174.9
5,110.0
1,546.5
1,084.0
462.5

7,858.1
6,291.4
1,185.5
5,105.9
1,566.7
1,095.8
470.9

7,920.3
6,342.5
1,193.1
5,149.4
1,577.8
1,103.1
474.7

7,968.9
6,380.9
1,184.8
5,196.0
1,588.1
1,110.3
477.8

P ro prieto rs’ incom e w ith IVA and C C A d j..................................................................................................
Farm........................................................................................................................
Nonfarm...................................................................................................................

9
10
11

1,102.0
50.8
1,051.2

1,011.9
30.5
981.5

1,006.4
28.0
978.4

1,022.1
36.2
985.9

1,030.7
36.8
994.0

1,049.7
38.9
1,010.8

1,058.8
49.8
1,009.0

Rental incom e o f p ersons w ith CCAdj

12

222.0

274.0

279.1

282.8

292.7

298.8

305.4

Corporate p ro fits w ith IVA and CCAdj
Taxes on corporate income...........
Profits after tax with IVA and CCAdj..
Net dividends.........................................................................................................
Undistributed profits with IVA and CCAdj......................................................................

13
14
15
16
17

1,262.8
308.4
954.4
797.7
156.7

1,258.0
254.9
1,003.1
718.9
284.2

1,297.5
255.7
1,041.8
699.6
342.2

1,418.2
319.1
1,099.2
708.5
390.6

1,566.6
403.2
1,163.3
720.3
443.0

1,614.1
405.6
1,208.5
728.4
480.1

National in c o m e ......................................

736.6

Net interest and m iscellaneous p ay m e n ts ...............................................................................................

18

812.8

784.3

750.7

765.6

765.9

736.2

727.1

Taxes on production and im p o rts ................................................................................................................

19

1,045.1

1,024.7

1,028.2

1,035.2

1,045.9

1,054.6

1,061.7

Less: S ub sid ie s.....................................

20

52.8

60.3

69.1

58.4

57.4

58.5

58.5

Business current transfer paym ents (net)
To persons (net).........................
To government (net)....................
To the rest of the world (net)..........

21
22
23
24

121.7
36.7
81.7
3.3

134.0
36.0
98.5
-0.6

124.9
35.8
90.0
-0.9

129.8
35.8
93.6
0.4

130.5
36.6
93.0
0.9

130.8
37.0
93.8
0.0

133.1
37.2
96.2
-0.4

Current s u rp lu s o f g overnm ent e n te rp rise s.............................................................................................

25

-16.7

-13.2

-11.7

-11.3

-12.1

-13.1

-14.2

Addenda fo r corporate cash flow :
Net cash flow with IVA..................................................................................................
Undistributed profits with IVA and C CAdj......................................................................
Consumption of fixed capital......................................................................................
Less: Capital transfers paid (net)................................................................................

?fi
?7
28

1,239.4
156.7
1,018.5
-64.1

1,427.9
284.2
1,019.8
-123.9

1,405.6
342.2
1,010.6
-52.8

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

30
31
32
33
34
35
36
37
38
39
40
41

1,102.0
50.8
57.4
-6.5
1,051.2
893.5
-5.0
162.7
222.0
238.3
-16.2
1,262.8
1,289.1
1,333.2
308.4
1,024.8
797.7
227.2
-44.1
-26.3

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

1,006.4
28.0
34.2
-6.2
978.4
837.3
-3.5
144.6
279.1
293.9
-14.8
1,297.5
1,360.5
1,369.2
255.7
1,113.5
699.6
413.9
-8.7
-63.0

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

Addenda:
Proprietors’ income with IVA and CCAdj...........................................................................
Farm....................................................................................................................
Proprietors’ income with IV A...................................................................................
Capital consumption adjustment..............................................................................
Nonfarm...............................................................................................................
Proprietors' income (without IVA and C CA 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 CCA dj..............................................................................
Corporate profits with IV A .........................................................................................
Profits before tax (without IVA and CCAdj).................................................................
Taxes on corporate income.................................................................................
Profits after tax (without IVA and CCAdj)................................................................
Net dividends...............................................................................................
Undistributed profits (without IVA and C C A dj)......................................................
Inventory valuation adjustment...............................................................................
Capital consumption adjustment.................................................................................
IVA Inventory valuation adjustment
CCAdj Capital consumption adjustment




47
43
44
45
46
47
48
49

1,019.2

1,058.8
49.8
55.2
-5.4
1,009.0
908.3
-4.8
105.5
305.4
319.8
-14.4

736.6

-169.5

D -1 8

N a t io n a l D a t a

N ovem ber 2010

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

2008

2009

2009
III

1
2
1
4
5
6
7
a
9
10
11
1?
n
14
15

G ross value added o f corporate business 1....................................................................................
Consumption of fixed capital.....................
Net value added.....................................
Compensation of employees..................
Wage and salary accruals.........................................................................................
Supplements to wages and salaries.....
Taxes on production and imports less subsidies.................................................................
Net operating surplus..........................
Net interest and miscellaneous payments.....................................................................
Business current transfer payments (net)......................................................................
Corporate profits with IVA and CCAdj....
Taxes on corporate income............
Profits after tax with IVA and CCAdj..........................................................................
Undistributed profits with IVA and C CAdj...........
G ross value added o f fin an cia l corporate business 1
G ross value added o f n onfinancial 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 interest and miscellaneous payments.....................................................................
Business current transfer payments (net)......................................................................
Corporate profits with IVA and C C A dj...........................................................................
Taxes on corporate income.....................................................................................
Profits after tax with IVA and CCAdj..........................................................................
Net dividends...................................................................................................
Undistributed profits with IVA and CCAdj................................................................

7,922.9
1,018.5
6,904.4
5,017.4
4,170.3
847.1
661.7
1,225.2
279.0
94.7
851.5
308.4
543.1
611.5
-68.4

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

2010
IV

7,641.6
1,010.6
6,631.0
4,719.7
3,867.5
852.1
632.0
1,279.3
260.5
85.6
933.2
255.7
677.5
567.3
110.2

I

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

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

II
8,026.6
1,013.7
7 012 9
4,784.9
3,910.1
874.8
657.2
1,570.8
256.4
91.6
1,222.7
405.6
817 1
591 6
225.6

III

1,019.2
4,825.7
3,944.8
880.9
662.0

93.2

16

932.4

1,050.2

1,083.2

1,142.8

1,136.9

1,133.0

17
18
19
20
21
22
23
94
25
26
27
?8
29
io
11

6,990.5
878.8
6,111.7
4,435.3
3,684.9
750.5
615.3
1,061.1
271.3
66.2
723.5
226.4
497.1
482.8
14.4

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

6,558.4
871.0
5,687.4
4,175.0
3,421.8
753.2
584.5
927.9
205.5
75.2
647.1
163.7
483.5
469.8
13.6

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

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

6,893.6
872.9
6,020.7
4,242.4
3,469.1
773.3
609.0
1 169 3
202.3
78.3
888.6
287.4
601.1
499.1
102.0

32
33
14
35

921.9
613.6
-44.1
-26.3

964.4
709.5
11.9
-70.6

1,005.0
749.3
-8.7
-63.0

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

-169.5

36
37
38
39

782.0
555.6
-44.1
-14.4

706.4
536.1
11.9
-55.1

704.8
541.1
-8.7
-48.9

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

-144.6

877.7
4,282.1
3,503.5
778.7
614.0

79.8

Addenda:
Corporate business:
Profits before tax (without IVA and C C A dj)....................................................................
Profits after tax (without IVA and CCA dj).......................................................................
Capital consumption adjustment..........
N onfinancial corporate business:
Profits before tax (without IVA and C C A dj)....................................................................
Profits after tax (without IVA and CCA dj)......................................................................
Inventory valuation adjustment...........
Capital consumption adjustment..........

Value-added, in billions of chained (2005) dollars
40
41
4?

G ross value added o f n onfinancial co rporate b u s in e s s 2............................................................
Consumption of fixed capital3................................................................................
Net value added 4................................................................................................

6,686.4
819.9
5,866.5

6,284.3
830.5
5,453.8

6,210.3
829.8
5,380.5

6,401.0
830.3
5,570.7

6,567.6
833.6
5,734.0

6,611.2
838.4
5,772.8

844.8

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

2008

2009

2009

2010
IV

Price per u n it o f real gross value added o f nonfinancial corporate business 1.......................

1.045

1.054

1.056

1.042

1.036

1.043

Compensation of employees (unit labor c o s t).................................................................................

0.663

0.667

0.672

0.655

0.640

0.642

Unit nonlabor c o s t...................................................................................................................................
Consumption of fixed capital....................................................................................
Taxes on production and imports less subsidies plus business current transfer payments (net)
Net interest and miscellaneous payments...................................................................

0.274
0.131
0.102
0.041

0.282
0.140
0.107
0.035

0.279
0.140
0.106
0.033

0.274
0.136
0.106
0.032

0.268
0.132
0.104
0.032

0.267
0.132
0.104
0.031

Corporate profits w ith IVA and CCAdj (unit p ro fits from current p ro du ction )..........................
Taxes on corporate income.....................................................................................
Profits after tax with IVA and CCAdj...........................................................................

0.108
0.034
0.074

0.106
0.027
0.078

0.104
0.026
0.078

0.113
0.032
0.081

0.128
0.040
0.088

0.134
0.043
0.091

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




N ovem ber 2 0 1 0

Su r v e y

of

C

urrent

B u s in e s s

D -1 9

2. Personal Income and Outlays
Table 2.1. Personal Income and Its Disposition
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

2010
IV

I

II

III

Personal in com e ..............................................................................................................................................
Compensation of employees, received............................................................................
Wage and salary disbursements...
Private industries.................
Government........................
Supplements to wages and salaries............................................................................
Employer contributions for employee pension and insurance funds..................................
Employer contributions for government social insurance................................................
Proprietors’ income with inventory valuation and capital consumption adjustments....................
Farm....................................................... .'................ '......... ’.................................
Nonfarm...............................................................................................................
Rental income of persons with capital consumption adjustment.............................................
Personal income receipts on assets................................................................................
Personal interest income...........
Personal dividend income..........
Personal current transfer receipts
Government social benefits to persons.........................................................................
Old-age, survivors, disability, and health insurance benefits...........................................
Government unemployment insurance benefits...........................................................
Veterans benefits.................................................................................................
Family assistance 1..............................................................................................
Other................................................................................................................
Other current transfer receipts, from business (net).........................................................
Less: Contributions for government social insurance, domestic.............................................

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24

Less: Personal current ta x e s .......................................................................................................................

25

1,438.2

1,140.0

1,117.0

1,117.2

1,134.7

1,137.3

1,159.6

Equals: Disposable personal income

26

10,952.9

11,034.9

11,047.0

11,121.7

11,215.6

11,336.5

11,379.9

Less: Personal o u tla y s ...........
Personal consumption expenditures................................................................................
Personal interest payments 2
Personal current transfer payments................................................................................
To government..............
To the rest of the world (net)......................................................................................

27
28
29
30
31
32

10,505.0
10,104.5
246.2
154.3
89.7
64.6

10,379.6
10,001.3
216.8
161.4
95.0
66.5

10,423.6
10,040.7
220.9
161.9
95.6
66.3

10,505.7
10,131.5
207.8
166.4
97.0
69.5

10,603.9
10,230.8
203.8
169.2
98.5
70.7

10,663.7
10,285.4
206.0
172.3
100.1
72.2

10,748.9
10,376.7
198.8
173.4
101.8
71.6

Equals: Personal sa ving ................................................................................................................................

33

447.9

655.3

623.4

616.0

611.8

672.8

631.0

Personal saving as a percentage of disposable personal in c o m e .................................................

34

4.1

5.9

5.6

5.5

5.5

5.9

5.5

12,391.1
8,065.8
6,559.0
5,415.1
1,144.0
1,506.8
1,036.6
470.1
1,102.0
50.8
1,051.2
222.0
2,109.3
1,314.7
794.6
1,879.2
1,842.6
1,068.3
50.7
45.6
19.3
658.7
36.7
987.2

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

12,164.0
7,798.7
6,263.9
5,088.3
1,175.6
1,534.8
1,074.0
460.8
1,006.4
28.0
978.4
279.1
1,891.1
1,213.3
677.8
2,159.3
2,123.4
1,172.6
145.0
52.8
20.2
732.9
35.8
970.6

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

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

12,473.8
7,920.3
6,342.5
5,149.4
1,193.1
1,577.8
1,103.1
474.7
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
995.6

12,539.5
7,968.9
6,380.9
5,196.0
1,184.8
1,588.1
1,110.3
477.8
1,058.8
49.8
1,009.0
305.4
1,898.4
1,183.2
715.2
2,309.8
2,272.6
1,223.5
129.9
63.2
19.9
836.1
37.2
1,001.9

Addenda:
Personal incom e excluding current transfer receipts, b illio n s of chained (2005) dollars 3

35

9,638.5

9,191.1

9,128.7

9,109.7

9,111.7

9,187.6

9,202.4

36

10,042.9

10,099.8

10,079.7

10,080.4

10,113.3

10,223.6

10,237.1

37
38
39

35,931
32,946
304,831

35,888
32,847
307,483

35,888
32,746
307,815

36,049
32,673
308,521

36,282
32,717
309,120

36,602
33,009
309,724

36,657
32,976
310,442

Disposable personal income, current d o lla rs .................................................................................

40

5.1

0.7

-1.6

2.7

3.4

4.4

1.5

Disposable personal income, chained (2005) d olla rs ....................................................................

41

1.7

0.6

-4.4

0.0

1.3

4.4

0.5

Disposable personal income:
Total, billions of chained (2005) dollars3......................................................................
Per capita:
Current dollars....................................................................................................
Chained (2005) dollars..........................................................................................
Population (midperiod, thousands).................................................................................
Percent change from preceding period:

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

2008

2009

2009
III

2010
IV

I

II

III

Wage and salary d isbu rse m e n ts........................................................................................................

1

6,559.0

6,274.1

6,263.9

6,284.9

6,291.4

6,342.5

6,380.9

Private in d u s trie s ............................................................................................................................................
Goods-producing industries..........................................................................................
Manufacturing........................................................................................................
Services-producing industries........
Trade, transportation, and utilities.
Other services-producing industries 1 ..........................................................................

2
3
4
5
6
7

5,415.1
1,207.6
741.2
4,207.4
1,050.9
3,156.6

5,100.5
1,064.0
661.5
4,036.6
990.5
3,046.1

5,088.3
1,046.7
649.8
4,041.6
986.9
3,054.7

5,110.0
1,046.1
658.3
4,064.0
988.2
3,075.7

5,105.9
1,032.2
652.6
4,073.7
988.0
3,085.8

5,149.4
1,041.6
660.0
4,107.8
996.8
3,111.0

5,196.0
1,050.2
665.0
4,145.9
1,004.2
3,141.7

G ove rn m e nt............................................

8

1,144.0

1,173.6

1,175.6

1,174.9

1,185.5

1,193.1

1,184.8

1.
Other services-producing industries consists of information; finance and insurance; real estate and rental and leasing; professional, scientific, and technical services; management of companies and enterprises,
administrative and support and waste management and remediation services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other
services.
N ote. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).




D -2 0

N a tio n a l D a t a

N ovem ber 2010

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

2008

2009

2009
III

2010
IV

I

II

III

Personal co nsum ption expenditures (P C E )....................................................................................

1

-0.3

-1.2

2.0

0.9

1.9

2.2

2.6

G oo d s.................................................................................................................................................................
Durable goods...........................................................................................................
Motor vehicles and parts...........................................................................................
Furnishings and durable household equipment..............................................................
Recreational goods and vehicles................................................................................
Other durable g o od s................................................................................................
Nondurable goods.......................................................................................................
Food and beverages purchased for off-premises consumption...........................................
Clothing and footwear..............................................................................................
Gasoline and other energy go od s................................................................................
Other nondurable g o od s...........................................................................................

2
3
4
5
6
7
8
9
10
11
12

-2.5
-5.2
-13.8
-3.6
3.3
-3.7
-1.1
-0.8
-0.6
-4.7
0.2

-2 .0
-3.7
-6.9
-6.4
1.4
-2.3
-1.2
-0.9
-4.4
1.2
-1.1

7.2
20.1
42.7
7.0
17.1
4.9
1.7
4.0
0.5
-1.9
1.4

1.7
-1.1
-21.3
9.4
15.8
-0.8
3.1
5.1
5.8
-2.3
2.4

5.7
8.8
-2.6
13.9
12.9
18.8
4.2
3.7
12.0
0.7
3.3

3.4
6.8
6.9
9.0
9.3
-2.2
1.9
-2.9
6.4
3.0
4.5

2.8
6.1
1.5
5.7
12.3
4.2
1.3
3.7
-1.2
-7.0
3.5

S e rv ic e s .............................................................................................................................................................
Household consumption expenditures (for services)...........................................................
Housing and utilities.................................................................................................
Health care............................................................................................................
Transportation services.............................................................................................
Recreation services.................................................................................................
Food services and accommodations............................................................................
Financial services and insurance................................................................................
Other services........................................................................................................
Final consumption expenditures of nonprofit institutions serving households (N P IS H s )1............
Gross output of nonprofit institutions 2..........................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3..........................

13
14
15
16
17
18
19
20
21
22
23
24

0.9
0.6
0.8
2.8
-5.2
-0.3
-0.7
0.6
-0.3
9.0
2.6
0.5

-0.8
-0.7
1.1
2.2
-8.1
-2.4
-3.6
-3.6
-1.2
-4.2
0.6
2.3

-0.5
-0.8
1.8
-0.1
-3.1
-4.4
-1.4
-3.6
-2.2
9.3
-0.3
-3.2

0.5
0.2
1.7
1.8
-1.0
-1.0
0.6
-3.7
-1.2
8.6
1.6
-0.5

0.1
0.0
-0.5
-0.3
3.5
-0.1
6.9
-2.8
-1.2
1.2
-0.9
-1.6

1.6
1.5
1.1
3.1
4.1
-0.3
2.5
1.1
-0.8
3.4
3.3
3.3

2.5
2.4
3.3
2.7
3.8
4.9
3.5
-2.9
2.5
4.4
3.7
3.5

Addenda:
P C E excluding food and energy 4...................................................................................
Energy goods and services 5.........................................................................................
Market-based P C E 6...................................................................................................
Market-based P C E excluding food and energy 6................................................................

25
26
27
28

0.0
-3.8
-0.5
-0.2

-1.4
1.1
-1.0
-1.1

1.7
3.8
2.4
2.2

0.4
3.4
1.2
0.7

2.0
-2.6
2.2
2.5

2.6
3.4
2.5
3.0

2.3
4.8
2.5
2.2

1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas services.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.

Table 2.3.2. Contributions to Percent Change in Real Personal
Consumption Expenditures by Major Type of Product
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

2010
IV

I

II

III

Percent change at annual rate:
1

-0.3

-1 .2

2.0

0.9

1.9

2.2

2.6

G o o d s.................................................................................................................................................................
Durable goods............................................................................................................
Motor vehicles and parts...................
Furnishings and durable household equipment..............................................................
Recreational goods and vehicles................................................................................
Other durable g o o d s........................
Nondurable goods.......................................................................................................
Food and beverages purchased for off-premises consumption...........................................
Clothing and footwear..............................................................................................
Gasoline and other energy go od s...........................
Other nondurable g o o d s.......................................

2
3
4
5
6
7
8
9
10
11
12

-0.85
-0.60
-0.55
-0.10
0.11
-0.05
-0.25
-0.06
-0.02
-0.19
0.02

-0.65
-0.39
-0.24
-0.17
0.05
-0.03
-0.26
-0.07
-0.14
0.04
-0.09

2.28
1.90
1.16
0.17
0.50
0.07
0.37
0.30
0.02
-0.06
0.11

0.57
-0.11
-0.79
0.22
0.47
-0.01
0.68
0.38
0.18
-0.07
0.19

1.82
0.88
-0.08
0.32
0.39
0.25
0.94
0.29
0.37
0.02
0.26

1.13
0.69
0.22
0.22
0.29
-0.03
0.44
-0.23
0.20
0.10
0.36

0.92
0.63
0.05
0.14
0.38
0.06
0.29
0.28
-0.04
-0.24
0.29

S e rv ic e s .............................................................................................................................................................
Household consumption expenditures (for services)...........................................................
Housing and utilities.................................................................................................
Health care...........................
Transportation services...........
Recreation services................
Food services and accommodations............................................................................
Financial services and insurance
Other services........................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs) 1............
Gross output of nonprofit institutions 2..........................................................................
Less: Receipts from sales of goods and services by nonprofit institutions3..........................

13
14
15
16
17
18
19
20
21
22
23
24

0.59
0.36
0.14
0.42
-0.16
-0.01
-0.04
0.05
-0.02
0.23
0.26
0.03

-0.55
-0.43
0.20
0.33
-0.25
-0.09
-0.22
-0.30
-0.11
-0.11
0.06
0.17

-0.30
-0.53
0.34
-0.02
-0.09
-0.17
-0.09
-0.30
-0.21
0.23
-0.03
-0.26

0.36
0.15
0.31
0.29
-0.03
-0.04
0.03
-0.30
-0.11
0.21
0.17
-0.04

0.05
0.02
-0.09
-0.06
0.10
0.00
0.40
-0.22
-0.11
0.03
-0.09
-0.12

1.07
0.98
0.20
0.49
0.12
-0.01
0.15
0.10
-0.07
0.09
0.35
0.26

1.64
1.53
0.60
0.43
0.11
0.18
0.21
-0.23
0.23
0.11
0.39
0.27

Addenda:
P C E excluding food and energy 4...................................................................................
Energy goods and services 5................
Market-based P C E 6...................................................................................................
Market-based P C E excluding food and energy 6................................................................

25
26
27
28

0.03
-0.23
-0.42
-0.13

-1.19
0.06
-0.85
-0.84

1.48
0.19
2.10
1.61

0.36
0.18
1.06
0.49

1.73
-0.15
1.96
1.83

2.24
0.19
2.14
2.18

2.02
0.26
2.15
1.61

Personal co nsum ption expenditures (P C E )....................................................................................
Percentage poin ts at annual rates:

1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas services.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.




N ovem ber 2 0 1 0

S u r v e y o f C u r r e n t B u sin e ss

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

2008

2009

2010

2009
III

IV

I

II

III

1

105.057

103.797

103.885

104.126

104.608

105.178

105.846

G o o d s.................................................................................................................................................................
2
Durable g o ods...........................................................................................................
3
Motor vehicles and parts....
4
Furnishings and durable household equipment..............................................................
5
Recreational goods and vehicles................................................................................
6
Other durable go o d s.......
7
Nondurable goods.............
8
Food and beverages purchased for off-premises consumption...........................................
9
Clothing and footwear..............................................................................................
10
Gasoline and other energy goods...............................................................................
11
Other nondurable g o o d s...........................................................................................
12

103.462
102.798
85.000
102.827
129.771
101.041
103.698
103.997
108.304
92.523
107.058

101.416
99.011
79.093
96.222
131.643
98.669
102.487
103.023
103.570
93.660
105.867

102.092
101.159
83.655
96.075
132.793
99.590
102.460
103.426
102.980
93.527
105.657

102.533
100.870
78.782
98.254
137.749
99.380
103.247
104.710
104.432
92.996
106.294

103.952
103.025
78.271
101.506
141.981
103.753
104.321
105.672
107.436
93.155
107.148

104.837
104.735
79.584
103.725
145.157
103.183
104.823
104.895
109.113
93.854
108.337

105.565
106.304
79.875
105.172
149.433
104.246
105.160
105.856
108.788
92.174
109.285

S e rv ic e s ......................................
Household consumption expenditures (for services)...........................................................
Housing and utilities.................................................................................................
Health care...................
Transportation services....
Recreation services.......
Food services and accommodations...........................................................................
Financial services and insurance................................................................................
Other services........................................................................................................
Final consumption expenditures of nonprofit institutions serving households (N P IS H s )1............
Gross output of nonprofit institutions2..........................................................................
Less: Receipts from sales of goods and services by nonprofit institutions3..........................

13
14
15
16
17
18
19
20
21
22
23
24

105.870
105.155
103.524
107.148
95.511
107.116
104.234
108.183
105.750
124.877
108.252
103.033

105.006
104.448
104.682
109.457
87.758
104.597
100.461
104.265
104.526
119.597
108.852
105.361

104.797
104.257
104.835
109.547
87.192
103.883
100.009
103.758
103.974
118.919
108.648
105.300

104.936
104.315
105.275
110.028
86.966
103.610
100.150
102.793
103.650
121.393
109.087
105.166

104.952
104.320
105.147
109.932
87.710
103.584
101.838
102.074
103.334
121.755
108.846
104.756

105.366
104.713
105.437
110.766
88.602
103.498
102.476
102.364
103.132
122.788
109.744
105.613

106.006
105.328
106.293
111.498
89.438
104.744
103.351
101.614
103.780
124.125
110.744
106.515

Addenda:
P C E excluding food and energy 4...................................................................................
Energy goods and services5........................................................................................
Market-based P C E 6...................................................................................................
Market-based P C E excluding food and energy 6................................................................

25
26
27
28

105.946
93.954
104.532
105.472

104.493
94.956
103.517
104.278

104.548
95.079
103.711
104.456

104.657
95.882
104.024
104.627

105.176
95.243
104.604
105.268

105.850
96.051
105.239
106.038

106.460
97.183
105.880
106.605

Personal consu m p tion expenditures (P C E )....................................................................................

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

2008

2009

2009
III

2010
IV

I

II

III

Personal co nsum ption expenditures (P C E )....................................................................................

1

109.061

109.258

109.598

110.333

110.901

110.888

111.166

G oods.................................................................................................................................................................
Durable goods...........................................................................................................
Motor vehicles and parts.....................
Furnishings and durable household equipment..............................................................
Recreational goods and vehicles..........
Other durable g o o d s..........................
Nondurable goods......................................................................................................
Food and beverages purchased for off-premises consumption..........................................
Clothing and footwear..............................................................................................
Gasoline and other energy go ods.
Other nondurable g o o d s...........

2
3
4
5
6
7
8
9
10
11
12

106.262
95.340
98.575
98.041
84.233
109.745
112.484
112.089
97.754
145.870
106.032

103.634
93.782
98.676
97.709
79.513
111.234
109.262
113.538
98.588
106.387
110.691

104.403
93.450
98.961
97.357
78.653
110.981
110.624
112.967
99.207
114.356
111.605

105.120
93.603
101.333
96.127
77.455
112.456
111.651
112.950
98.770
121.338
111.966

105.784
93.121
102.384
95.304
76.282
111.179
112.949
113.466
98.452
128.166
112.594

104.812
92.755
103.041
94.310
75.327
111.571
111.638
113.916
97.439
118.788
112.604

105.064
92.234
103.639
93.010
74.279
111.755
112.325
113.989
98.323
121.592
112.967

S e rv ic e s ..................................................
Household consumption expenditures (for services)...........................................................
Housing and utilities.................................................................................................
Health care............................
Transportation services.............
Recreation services.................
Food services and accommodations...........................................................................
Financial services and insurance................................................................................
Other services........................................................................................................
Final consumption expenditures of nonprofit institutions serving households (N P IS H s )1............
Gross output of nonprofit institutions 2..........................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3..........................

13
14
15
16
17
18
19
20
21
22
23
24

110.566
110.832
111.871
109.730
112.406
109.542
111.644
110.015
110.819
104.298
109.594
111.494

112.233
112.718
113.240
112.693
115.633
110.815
114.375
109.533
113.329
101.105
111.137
114.836

112.355
112.850
113.144
113.041
115.659
111.318
114.436
109.436
113.667
101.003
111.438
115.280

113.102
113.631
113.277
113.966
116.730
111.420
114.935
111.427
114.795
100.977
112.221
116.359

113.620
114.205
113.389
114.582
117.501
111.325
115.001
113.396
115.541
100.254
112.553
117.088

114.116
114.703
113.396
115.286
118.269
111.904
115.794
113.758
116.488
100.713
113.322
117.972

114.408
114.978
113.542
115.871
117.925
112.387
116.327
113.628
116.769
101.366
113.926
118.557

Addenda:
P C E excluding food and energy 4...................................................................................
Energy goods and services 5...................
Market-based P C E 6...................................................................................................
Market-based P C E excluding food and energy 6................................................................

25
26
27
28

107.151
136.449
109.016
106.778

108.774
110.250
109.372
108.826

108.990
114.091
109.752
109.066

109.551
118.904
110.356
109.445

109.887
123.495
110.824
109.626

110.171
117.714
110.763
109.903

110.393
119.239
111.118
110.206

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 -2 2

N a t io n a l D a t a

N ovem ber 20 10

Table 2.3.5. Personal Consumption Expenditures by Major Type of Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

2010
IV

I

II

III

Personal co nsum ption expenditures (P C E )....................................................................................

1

10,104.5

10,001.3

10,040.7

10,131.5

10,230.8

10,285.4

10,376.7

G oo d s.................................................................................................................................................................
Durable g o ods...........................................................................................................
Motor vehicles and parts...........................................................................................
Furnishings and durable household equipment..............................................................
Recreational goods and vehicles................................................................................
Other durable g o od s........................
Nondurable goods..............................
Food and beverages purchased for off-premises consumption...........................................
Clothing and footwear..............................................................................................
Gasoline and other energy go ods................................................................................
Other nondurable g o o d s.........

2
3
4
5
6
7
8
9
10
11
12

3,379.5
1,083.5
343.2
266.0
331.6
142.6
2,296.0
775.2
334.1
411.4
775.4

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

3,276.1
1,045.2
339.1
246.9
317.1
142.1
2,231.0
777.0
322.4
326.2
805.5

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

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

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

3,409.0
1,084.1
339.1
258.2
337.0
149.8
2,325.0
802.4
337.5
341.8
843.3

S e rv ic e s ............................................................................................................................................................
Household consumption expenditures (for services)...........................................................
Housing and utilities.................................................................................................
Health care.......
Transportation services.............................................................................................
Recreation services.................................................................................................
Food services and accommodations...........................................................................
Financial services and insurance................................................................................
Other services........................................................................................................
Final consumption expenditures of nonprofit institutions serving households (N P IS H s )1............
Gross output of nonprofit institutions 2..........................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3 ..........................

13
14
15
16
17
18
19
20
21
22
23
24

6,725.0
6,446.1
1,833.1
1,547.2
306.9
383.4
611.3
848.1
916.0
278.8
1,037.6
758.8

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

6,764.6
6,507.5
1,877.5
1,629.5
288.3
377.9
601.2
809.3
923.8
257.1
1,059.0
801.9

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

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

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

6,967.6
6,698.3
1,910.3
1,700.1
301.5
384.7
631.5
822.9
947.2
269.3
1,103.5
834.2

Addenda:
P C E excluding food and energy 4...................................................................................
Energy goods and services 5.........................................................................................
Market-based P C E 6...................................................................................................
Market-based P C E excluding food and energy 6................................................................

25
26
27
28

8,694.4
634.8
8,815.6
7,405.9

8,705.0
518.4
8,758.5
7,462.7

8,726.9
536.8
8,805.1
7,491.7

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

9,000.8
573.4
9,101.1
7,725.7

1. Net expenses of NPISHs, defined as their gross operating expenses less primary sales to households.
2. Gross output is net of unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; excludes own-account investment (construction and software).
3. Excludes unrelated sales, secondary sales, and sales to business, to government, and to the rest of the world; includes membership dues and fees.
4. Food consists of food and beverages purchased for off-premises consumption; food services, which include purchased meals and beverages, are not classified as food.
5. Consists of gasoline and other energy goods and of electricity and gas.
6. Market-based PCE is a supplemental measure that is based on household expenditures for which there are observable price measures. It excludes most imputed transactions (for example, financial services
furnished without payment) and the final consumption expenditures of nonprofit institutions serving households.

Table 2.3.6. Real Personal Consumption Expenditures by Major Type of Product, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009
111

2010
IV

I

II

III

Personal co nsum ption expenditures (P C E )....................................................................................

1

9,265.0

9,153.9

9,161.6

9,182.9

9,225.4

9,275.7

9,334.6

G o o d s.................................................................................................................................................................
Durable goods......
Motor vehicles and parts...........................................................................................
Furnishings and durable household equipment..............................................................
Recreational goods and vehicles................................................................................
Other durable g o o d s................................................................................................
Nondurable goods...
Food and beverages purchased tor oft-premises consumption...........................................
Clothing and footwear..............................................................................................
Gasoline and other energy go od s................................................................................
Other nondurable g o o d s .........

2
3
4
5
6
7
8
9
10
11
12

3,180.3
1,136.4
348.2
271.4
393.7
129.9
2,041.2
691.6
341.7
282.0
731.3

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

3,138.2
1,118.3
342.7
253.5
402.8
128.1
2,016.9
687.8
324.9
285.1
721.7

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

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

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

3,245.0
1,175.2
327.2
277.5
453.3
134.1
2,070.0
704.0
343.3
281.0
746.5

S e rv ic e s .............................................................................................................................................................
Household consumption expenditures (for services)...........................................................
Housing and utilities.................................................................................................
Health care.......
Transportation services.............................................................................................
Recreation services.................................................................................................
Food services and accommodations...........................................................................
Financial services and insurance................................................................................
Other services........................................................................................................
Final consumption expenditures of nonprofit institutions serving households (NPISHs) 1............
Gross output of nonprofit institutions 2..........................................................................
Less: Receipts from sales of goods and services by nonprofit institutions 3..........................
Residual......................................................................................................................

13
14
15
16
17
18
19
20
21
22
23
24
25

6,082.3
5,816.1
1,638.6
1,410.0
273.1
350.0
547.6
770.9
826.5
267.3
946.8
680.6
-7.7

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

6,020.7
5,766.5
1,659.4
1,441.6
249.3
339.5
525.4
739.4
812.7
254.6
950.3
695.6
-7.0

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

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

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

6,090.1
5,825.7
1,682.5
1,467.3
255.7
342.3
542.9
724.1
811.1
265.7
968.6
703.6
-23.2

Addenda:
P C E excluding food and energy 4...................................................................................
Energy goods and se rvices5................
Market-based P C E 6...................................................................................................
Market-based P C E excluding food and energy 6................................................................

26
27
28
29

8,114.2
465.3
8,086.5
6,935.9

8,002.9
470.2
8,008.0
6,857.4

8,007.1
470.8
8,023.0
6,869.0

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

8,153.5
481.2
8,190.8
7,010.4

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.
Note. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type
quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed
lines.




N ovem ber 2 0 1 0

Su r v e y

of

C

urrent

B u s in e s s

D -2 3

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

2008

2009
III

2010
IV

I

II

III

Personal co nsum ption expenditures (P C E )....................................................................................

1

3.3

0.2

2.9

2.7

2.1

0.0

1.0

G o o d s.....................................................................
Durable g o ods......................................
Motor vehicles and parts......................
Furnishings and durable household equipment..............................................................
Recreational goods and vehicles................................................................................
Other durable g o o d s.......
Nondurable goods......................................................................................................
Food and beverages purchased for off-premises consumption...........................................
Clothing and footwear..............................................................................................
Gasoline and other energy g o ods.............................
Other nondurable g o o d s.........................................

2
3
4
5
6
7
8
9
10
11
12

3.2
-1.4
-1.1
-0.6
-4.5
3.7
5.6
6.0
-0.8
17.7
2.4

-2 .5
-1.6
0.1
-0.3
-5.6
1.4
-2.9
1.3
0.9
-27.1
4.4

5.7
-2.5
4.9
-5.9
-8.3
0.3
9.7
-2.4
3.6
88.1
2.6

2.8
0.7
9.9
-5.0
-6.0
5.4
3.8
-0.1
-1.8
26.8
1.3

2.6
-2.0
4.2
-3.4
-5.9
-4.5
4.7
1.8
-1.3
24.5
2.3

-3 .6
-1.6
2.6
-4.1
-4.9
1.4
-4.6
1.6
-4.1
-26.2
0.0

1.0
-2.2
2.3
-5.4
-5.5
0.7
2.5
0.3
3.7
9.8
1.3

S e rv ic e s ............................................................................................................................................................
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 P IS H s ) 1............
Gross output of nonprofit institutions 2..........................................................................
Less: Receipts from sales of goods and services by nonprofit institutions3 ..........................

13
14
15
16
17
18
19
20
21
22
23
24

3.4
3.5
3.6
2.7
5.4
3.1
4.0
3.0
4.1
0.7
2.6
3.3

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
-0.2
2.8
2.6
4.0
0.5
1.7
3.2
0.9
2.9
3.6

2.7
2.8
0.5
3.3
3.8
0.4
1.8
7.5
4.0
-0.1
2.8
3.8

1.8
2.0
0.4
2.2
2.7
-0.3
0.2
7.3
2.6
-2.8
1.2
2.5

1.8
1.8
0.0
2.5
2.6
2.1
2.8
1.3
3.3
1.8
2.8
3.1

1.0
1.0
0.5
2.0
-1.2
1.7
1.9
-0.5
1.0
2.6
2.1
2.0

Addenda:
P C E excluding food and energy 4...................................................................................
Energy goods and services 5...................
Market-based P C E 6...................................................................................................
Market-based P C E excluding food and energy 6................................................................

25
26
27
28

2.3
14.3
3.4
2.3

1.5
-19.2
0.3
1.9

1.5
41.5
3.0
1.3

2.1
18.0
2.2
1.4

1.2
16.4
1.7
0.7

1.0
-17.5
-0.2
1.0

0.8
5.3
1.3
1.1

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.
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.




■24

N a tio n a l D a t a

Novem ber 2010

Government Current Receipts and Expenditures
Table 3.1. Government Current Receipts and Expenditures
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009

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

3,702.5
2,391.2
1,117.0
1,028.2
233.1
12.9
975.4
162.1
140.3
21.8
185.5
90.0
95.6
-11.7

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

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

3,929.7
2,586.0
1,137.3
1,054.6
381.3
12.8
1,000.7
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

III
1

2010
IV

I

II

III

Current re c e ip ts ......................................................................................................................................
Current tax receipts....
2
Personal current taxes.................................................................................................
Taxes on production and imports....................................................................................
Taxes on corporate income...........................................................................................
Taxes from the rest of the world.....................................................................................
Contributions for government social insurance......................................................................
Income receipts on a sse ts...............................................................................................
Interest and miscellaneous receipts................................................................................
Dividends...............................
Current transfer receipts................
From business (net)..................
From persons..........................
Current surplus of government enterprises...........................................................................

3
4
5
6
7
8
9
10
11
12
13
14

4,074.0
2,780.3
1,438.2
1,045.1
280.2
16.8
992.1
146.9
143.8
3.1
171.4
81.7
89.7
-16.7

Current e xpe nd itu re s...............
Consumption expenditures..............................................................................................
Current transfer payments................................................................................................
Government social benefits...........................................................................................
To persons.......
To the rest of the world..............................................................................................
Other current transfer payments to tne rest of tne woria (net)................................................
Interest payments
.....................................................................................................
To persons and business..............................................................................................
To the rest of the world.................................................................................................
Subsidies...............
Less: Wage accruals less disbursements............................................................................

15
16
17
18
19
20
21
22
23
24
25
26

4,737.7
2,382.8
1,902.7
1,857.8
1,842.6
15.2
44.8
399.4
232.8
166.6
52.8
0.0

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

5,078.4
2,425.3
2,202.1
2,139.0
2,123.4
15.6
63.1
382.0
243.4
138.6
69.1
0.0

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

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

Net governm ent saving
Social insurance funds........
Other..............................

27
28
29

-663.6
-53.2
-610.4

-1,271.9
-249.8
-1,022.0

-1,375.9
-274.5
-1,101.3

-1,296.4
-284.5
-1,012.0

-1,285.7
-274.9
-1,010.8

-1,338.9 .............
-273.5
-274.6
-1,065.4 .............

Total re c e ip ts ................................................................................................................................................
Current receipts......................................................................................................
Capital transfer receipts............................................................................................

30
31
32

4,107.9
4,074.0
33.9

3,752.2
3,726.9
25.3

3,727.6
3,702.5
25.1

3,805.8
3,785.0
20.8

3,930.2
3,904.0
26.2

3,953.3
3,929.7 .............
23.7
20.0

Total expenditures.......................................................................................................................................
Current expenditures
Gross government investment....................................................................................
Capital transfer payments
36
Net purchases of nonproduced a sse ts.........................................................................
Less: Consumption of fixed capital..............................................................................

33
34
35
37
38

5,020.2
4,737.7
495.5
104.6
-5.3
312.3

5,344.9
4,998.8
503.4
161.8
6.3
325.3

5,367.0
5,078.4
508.5
90.2
15.1
325.1

5,393.6
5,081.5
500.5
125.2
13.1
326.8

5,471.6
5,189.6
491.0
106.9
13.7
329.6

5,591.9
5,268.6
505.6
137.3
13.4
333.0

Net lending o r net b orrow ing ( - ) .............................................................................................................

39

-912.3

-1,592.7

-1,639.4

-1,587.8

-1,541.4

-1,638.6

1,159.6
1,061.7
12.3
1,007.1
166.4
145.0
21.4
198.0
96.2
101.8
-14.2
5,307.5
2,503.5
2,343.3
2,289.2
2,272.6
16.6
54.1
402.3

58.5
0.0

Addenda:




5,564.4
5,307.5
515.3
61.7
16.3
336.5

N ovem ber 20 1 0

Su r v e y

C

of

urrent

Table 3.2. Federal Government Current Receipts and Expenditures
[Billions of dollars]

B u s in e s s

D -2 5

Table 3.3. State and Local Government Current Receipts and Expenditures
[Billions of dollars]

Seasonally adjusted at annual rates
Line

2008

2009

2009
III

Current re ce ip ts ..........
Personal current taxes....
Taxes on production and
imports....................
Excise taxes.............
Customs duties..........
Taxes on corporate
income....................
Federal Reserve banks
Taxes from the rest of the
world.......................
Contributions for government
social insurance............
Income receipts on assets....
Interest receipts............
Dividends.....................
Rents and royalties........
Current transfer receipts.....
From business..............
From persons...............
Current surplus of
government enterprises....
Current expenditures
Consumption expenditures...
Current transfer payments....
Government social
benefits....................
To persons...............
To the rest of the world
Other current transfer
payments.................
Grants-in-aid to state
and local
governments..........
To the rest of the world
(net)....................
Interest payments.............
To persons and business
To the rest of the world...
Subsidies........................
Less: Wage accruals less
disbursements..............

1
?
3

2,503.1
1.447.8
1.102.8

2,205.8
1,142.4
852.7

4
5
6

96.0
66.8
29.2

/
8
q

Seasonally adjusted at annual rates

2010
I

IV

II

Line

2,176.3
1,121 3
827.0

2,322.8
1,253.6
843.2

2,346.5
1,269.3
856.7

867.5

94.4
71.4
23.1

97.0
74.7
22.3

97.1
74.0
23.1

100.6
75.0
25.6

106.6
79.1
27.5

109.2
79.4
29.7

232.2
31.7
200.5

182.1
47.4
134.6

184.4
56.7
127 7

233.2
77.5
155 8

297.1
88.9
208 3

293.2
69.6
223 6

10

16.8

13.2

12.9

12.4

12.6

12.8

12.3

11
12
13
14
15
16
17
18

972.4
31.7
21.1
0.6
10.0
55.0
34.9
20.0

953.5
46.2
22.7
18.7
4.8
67.9
48.1
19.8

953.5
46.0
23.0
19.0
3.9
58.9
39.2
19.7

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

978.3
44.0
25.3
16.3
2.5
59.1
39.1
20.0

984.6
47.6
26.3
18.6
2.7
60.5
40.5
20.0

19

-3.7

-4.2

-3.5

-3.6

-3.4

-4.2

-5.0

20
21
22

3,119.3
934.6
1,843.7

3,457.5
987.1
2,157.4

3,532.9
999.7
2,191.5

3,542.0
1,001.8
2,216.7

3,637.1
1,017.3
2,292.3

3,701.2
1,038.5
2,311.4

3,751.0
1,061.5
2,342.8

23
24
25

1,402.7
1,387.4
15.2

1,620.2
1,604.7
15.5

1,637.6
1,622.0
15.6

1,668.8
1,653.1
15.7

1,715.2
1,699.5
15.8

1,732.6
1,716.5
16.1

1,749.5
1,732.9
16.6

26

441.1

537.3

554.0

547.9

577.1

578.8

593.4

Net state and local
government sa v in g ..........
Social insurance funds.................
Other.......................................
Addenda:

396.2

484.6

490.9

501.1

514.6

525.0

539.3

28
29
30
31
32

44.8
291.2
124.6
166.6
49.8

52.7
254.0
110.0
144.0
58.9

63.1
273.8
135.3
138.6
67.9

46.8
266.4
130.0
136.3
57.2

62.5
271.6
134.1
137.5
55.8

53.8
294.9
153.8
141.1
56.4

54.1
289.8

33

0.0

0.0

0.0

0.0

0.0

0.0

0.0

34
3b
38

-616.2 -1,251.7 -1,356.7 -1,310.3 -1,314.2 -1,354.7
-252.4
-54.9
-277.3
-287.3
-277.6
-276.1
-561.3
-999.3 -1,079.4 -1,023.0 -1,036.7 -1,078.6

-277.1

Total re c e ip ts ...................
Current receipts.........
Capital transfer receipts

37
38
39

2,531.3
2,503.1
28.2

2,226.5
2,205.8
20.7

2,196.9
2,176.3
20.7

2,248.3
2,231.7
16.6

2,345.1
2,322.8
22.2

2,366.1
2,346.5
19.6

15.8

Total e xp e nd itu re s..........
Current expenditures....
Gross government
investment............
Capital transfer
payments..............
Net purchases of
nonproduced assets
Less: Consumption of
fixed capital...........

40
41

3,286.4
3,119.3

3,703.1
3,457.5

3,727.1
3,532.9

3,770.2
3,542.0

3,828.7
3,637.1

3,936.3
3,701.2

3,925.7
3,751.0

42

145.3

152.4

155.7

158.1

160.8

168.2

172.1

43

160.8

224.6

161.3

196.4

158.3

196.4

130.9

44

-19.2

-7.0

1.8

-0.4

-0.1

-0.7

1.9

45

119.8

124.3

124.7

125.9

127.3

128.8

130.3

Net lending o r net
borrow ing ( - ) ...............

46

-755.2

-1,476.6

-1,530.1

-1,521.9

-1,483.6

-1,570.3

56.9

Addenda:

Current receipts.................
Current tax receipts....................
Personal current taxes..............
Income taxes......................
Other.................................
Taxes on production and imports
Sales taxes.........................
Property taxes....................
Other.................................
Taxes on corporate income........
Contributions for government social
insurance..............................
Income receipts on asse ts............
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 payments.......................
Subsidies..................................
Less: Wage accruals less
disbursements........................

2010

2009
III

2,231.7
1,166.2
823.4




2009

III

27

Net federal
governm ent saving
Social insurance funds......
Other.............................

2008

IV

II

I

III

1 1,967.2 2,005.8 2,017.2 2,054.4 2,095.7 2,108.1
2 1,332.5 1,267.0 1,270.0 1,293.2 1,318.8 1,316.7
335.4
3
287.3
290.0
293.8
280.6
291.5
4
308.0
259.1
261.8
265.0
251.3
262.5
29.4
5
27.5
28.2
28.2
28.9
28.9
949.1
948.1
6
930.3
931.3
938.0
945.3
7
442.7
426.4
421.1
424.4
421.3
420.8
8
411.7
425.2
434.8
426.8
428.9
431.8
9
94.7
83.2
88.4
86.9
84.0
89.0
10
48.0
49.4
48.7
88.1
61.3
82.0
11
12
13
14
15
16
17
18
19
20
21
22

19.7
115.2
99.5
2.5
13.2
512.7
396.2
46.8
69.7

21.6
116.0
98.8
2.7
14.5
610.2
484.6
50.4
75.2

21.8
116.1
98.7
2.8
14.6
617.5
490.9
50.7
75.9

-13.0

-9.0

-8.2

-7.7

2,014.6 2,025.9 2,036.4
1,448.2 1,424.4 1,425.6

2,040.6
1,432.2

22.1
116.9
99.0
2.9
15.0
629.9
501.1
51.6
77.2

292.0
262.3
29.7
952.6
427.3
437.6
87.7

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
118.7
99.4
2.8
16.6
676.8
539.3
55.7
81.8

-8.7

-8.9

-9.2

2,067.2 2,092.4
1,447.4 1,446.7

2,095.8
1,442.0

23
24
25

455.2
108.2
3.0

492.1
108.0
1.4

501.5
108.1
1.2

499.4
107.7
1.2

509.4
108.7
1.6

532.6
111.0
2.1

539.7
112.5
1.6

26

0.0

0.0

0.0

0.0

0.0

0.0

0.0

27
28
29

-47.4
1.7
-49.1

-20.1
2.6
-22.7

-19.2
2.7
-21.9

13.9
2.8
11.1

28.6
2.7
25.9

15.8
2.6
13.1

2.6

Total receipts........................
Current receipts...................
Capital transfer receipts.........

30
31
32

Total expenditures.................
Current expenditures............
Gross government investment
Capital transfer payments......
Net purchases of nonproduced
a sse ts............................
Less: Consumption of fixed
capital............................

33 2,186.2 2,189.3 2,202.0
34 2,014.6 2,025.9 2,036.4
35
350.3
351.0
352.8
36
0.0
0.0
0.0

Net lending or net borrowing (-)

2,029.1 2,073.1 2,092.8
1,967.2 2,005.8 2,017.2
67.4
61.9
75.6

2,129.8 2,151.1 2,171.3
2,054.4 2,095.7 2,108.1
63.2
75.3
55.4
2,195.7
2,040.6
342.4
0.0

2,208.8 2,239.7
2,067.2 2,092.4
337.4
330.2
0.0
0.0

73.5
2,247.2
2,095.8
343.3
0.0

37

13.9

13.4

13.3

13.5

13.8

14.1

14.4

38

192.6

200.9

200.5

200.8

202.3

204.2

206.3

39

-157.1

-116.1

-109.3

-65.9

-57.7

-68.4

D -2 6

N ovem ber 2010

N a t io n a l D a t a

Table 3.9.1. Percent Change From Preceding Period in Real Government

Table 3.9.2. Contributions to Percent Change in Real Government

Consumption Expenditures and Gross Investment

Consumption Expenditures and Gross Investment

[Percent]

Seasonally adjusted at annual rates
Line

2008

2009

2009
III

G overnment consu m p tion
expenditures and g ross
in v e s tm e n t..........................
Consumption expenditures 1
Gross investment2...........
Structures...................
Equipment and software

Seasonally adjusted at annual rates

2010
IV

I

II

Line

2008

2009

III

2009
III

2010
IV

I

II

III

Percent change at annual rate:
1
2
3
4
5

2.8
2.5
4.3
0.9
10.4

1.6
1.9
0.2
0.1
0.4

1.6
0.8
5.6
8.3
1.2

-1.4
-0.5
-5.5
-11.2
5.1

-1 .6
-0.2
-8.2
-14.5
2.7

3.9
2.5
11.3
9.0
14.9

3.4
2.7
6.7
8.8
3.6

Federal...............................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

6
7
8
9
10

7.3
6.5
12.1
3.1
13.9

5.7
5.8
5.3
23.2
2.0

5.7
4.3
15.1
105.4
1.3

0.0
-0.8
5.3
10.3
4.1

1.8
1.1
6.3
18.2
3.6

9.1
7.6
19.4
17.0
20.0

8.8
8.7
9.5
26.7
5.5

National defe nse.........................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

11
12
13
14
15

7.5
6.5
14.4
9.3
15.1

5.4
5.3
6.0
40.1
1.7

9.0
7.9
15.6
184.0
-0.6

-2.5
-3.6
4.5
11.3
3.3

0.4
0.3
0.7
3.5
0.2

7.4
5.4
20.4
0.5
24.5

8.5
9.0
5.1
23.1
2.1

Nondefense ..................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

16
17
18
19
20

6.7
6.7
7.0
-2.5
10.6

6.5
6.9
3.9
6.2
3.1

-0.9
-2.8
13.8
34.9
6.8

5.6
5.4
7.2
8.9
6.5

5.0
2.9
20.8
42.3
13.5

12.8
12.2
17.2
42.0
8.3

9.6
8.1
20.1
31.1
15.7

State and lo c a l.................................
Consumption expenditures.......
Gross investment....................
Structures.........................
Equipment and software

21
22
23
24
25

0.3
0.0
1.4
0.8
4.2

-0 .9
-0.7
-1.9
-1.7
-2.6

-1 .0
-1.7
1.7
1.9
1.1

-2.3
-0.4
-9.9
-13.3
7.1

-3.8
-1.1
-14.4
-17.6
1.0

0.6
-0.9
7.5
8.1
4.9

-0.2
-1.5
5.4
6.7
-0.3

1. Government consumption expenditures are services (such as education and national defense) produced by govern­
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.

G overnment co nsum ption
expenditures and gross
investm en t...........................

1

2.8

1.6

1.6

-1.4

-1 .6

3.9

3.4

Percentage poin ts at annual
rates:
Consumption expenditures 1
Gross investment2...........
Structures...................
Equipment and software

2
3
4
5

2.08
0.74
0.10
0.64

1.56
0.04
0.01
0.03

0.61
0.97
0.89
0.08

-0.45
-0.95
-1.27
0.33

-0.14
-1.44
-1.61
0.18

2.13
1.82
0.90
0.92

2.23
1.13
0.88
0.25

Federal...............................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

6
7
8
9
10

2.63
2.06
0.57
0.02
0.54

2.15
1.89
0.27
0.18
0.09

2.17
1.42
0.75
0.69
0.06

0.00
-0.28
0.28
0.10
0.18

0.73
0.40
0.33
0.18
0.15

3.56
2.56
1.00
0.17
0.82

3.48
2.96
0.52
0.27
0.25

National d efe nse .........................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

11
12
13
14
15

1.85
1.38
0.46
0.03
0.43

1.37
1.16
0.21
0.16
0.05

2.30
1.75
0.55
0.56
-0.01

-0.67
-0.84
0.17
0.07
0,11

0.10
0.07
0.03
0.02
0.01

1.96
1.23
0.73
0.00
0.73

2.25
2.04
0.20
0.13
0.07

N o ndefense..................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

16
17
18
19
20

0.78
0.68
0.10
-0.01
0.11

0.78
0.72
0.06
0.02
0.03

-0.13
-0.33
0.20
0.12
0.07

0.67
0.56
0.11
0.04
0.07

0.63
0.33
0.30
0.16
0.15

1.60
1.33
0.27
0.17
0.10

1.23
0.91
0.32
0.14
0.18

State and lo c a l.................................
Consumption expenditures.......
Gross investment....................
Structures.........................
Equipment and software.......

21
22
23
24
25

0.19
0.02
0.17
0.08
0.09

-0.56
-0.33
-0.23
-0.17
-0.06

-0.59
-0.81
0.22
0.20
0.02

-1.40
-0.17
-1.23
-1.38
0.15

-2.31
-0.54
-1.77
-1.79
0.02

0.39
-0.44
0.83
0.72
0.10

-0.12
-0.72
0.60
0.61
-0.01

1. Government consumption expenditures are services (such as education and national defense) produced by govern­
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction and software).
2. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.

Table 3.9.3. Real Government Consumption Expenditures
and Gross Investment, Quantity Indexes

Table 3.9.4. Price Indexes for Government Consumption Expenditures
and Gross Investment

[Index numbers, 2005=100]

[Index numbers, 2005=100]
Seasonally adjusted

Seasonally adjusted
Line

2008

2009

2009
III

G overnment co nsum ption
expenditures and gross
in v e s tm e n t..........................
Consumption expenditures1
Gross investment2...........
Structures...................
Equipment and software

Line

2010
IV

I

II

2009

Government consum ption
expenditures and gross
investm en t...........................
Consumption expenditures 1
Gross investment2...........
Structures...................
Equipment and software

2009

2010

III

IV

I

II

III

1
2
3
4
5

115.009
114.929
115.410
124.557
101.349

114.644
114.166
116.983
127.347
101.257

114.635
114.300
116.281
126.221
101.139

115.067
114.864
116.069
125.806
101.201

116.358
116.365
116.320
126.100
101.389

116.606
116.599
116.641
126.608
101.471

116.734
116.687
116.960
127.196
101.449

F ederal...............................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

6
7
8
9
10

111.119
112.078
104.902
118.600
102.634

110.895
111.885
104.493
118.983
102.082

110.716
111.736
104.137
117.676
101.893

111.141
112.188
104.399
117.301
102.286

112.375
113.600
104.577
117.183
102.529

112.615
113.869
104.652
116.961
102.668

112.718
113.986
104.679
117.454
102.592

124.229
120.441
151.767
220.413
143.042

National d efe nse .........................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

11
12
13
14
15

112.109
113.091
105.781
117.998
104.450

111.342
112.240
105.507
118.453
104.073

111.153
112.059
105.274
117.393
103.952

111.590
112.522
105.559
117.325
104.297

113.046
114.191
105.807
117.171
104.616

113.377
114.555
105.950
116.575
104.885

113.489
114.698
105.893
116.873
104.768

126.271
124.023
142.777
165.099
134.959

N o ndefense..................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

16
17
18
19
20

109.077
110.000
103.021
119.217
98.102

109.984
111.156
102.299
119.486
97.089

109.822
111.067
101.655
117.893
96.724

110.222
111.496
101.866
117.094
97.248

110.997
112.389
101.884
117.026
97.292

111.053
112.466
101.806
117.282
97.101

111.138
112.531
102.017
118.011
97.129

101.179 100.213 100.367 100.310
101.354 101.076 100.847 100.465
100.474 96.642 98.399 99.699
95.736 91.207 92.999 94.529
124.943 125.262 126.760 126.674

State and lo c a l.................................
Consumption expenditures.......
Gross investment....................
Structures.........................
Equipment and software.......

21
22
23
24
25

117.349
116.766
119.842
125.020
99.005

116.892
115.608
122.380
128.032
99.792

116.998
115.943
121.512
126.926
99.809

117.434
116.587
121.054
126.507
99.220

118.760
118.148
121.341
126.852
99.303

119.014
118.356
121.800
127.454
99.270

119.158
118.422
122.284
128.052
99.357

1
2
3
4
5

105.605
104.824
109.528
100.776
126.200

107.287
106.797
109.766
100.859
126.759

107.991
107.282
111.542
103.043
127.651

107.613
107.140
109.989
100.014
129.243

107.185
107.093
107.652
96.172
130.112

108.228
107.764
110.565
98.270
134.697

109.125
108.479
112.382
100.359
135.906

Federal...............................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

6
7
8
9
10

110.900
108.888
125.350
121.683
126.047

117.266
115.204
132.056
149.869
128.620

119.085
116.828
135.308
162.136
130.134

119.091
116.599
137.061
166.170
131.451

119.634
116.932
139.168
173.275
132.607

122.276
119.086
145.476
180.206
138.792

124.891
121.603
148.807
191.172
140.672

National defense.........................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

11
12
13
14
15

111.653
109.175
129.524
128.929
129.558

117.648
114.933
137.252
180.681
131.719

120.237
117.326
141.271
201.764
133.577

119.477
116.251
142.838
207.231
134.652

119.582
116.337
143.089
209.013
134.711

121.732
117.866
149.875
209.254
142.306

Nondefense..................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

16
17
18
19
20

109.326
108.284
116.678
115.142
117.390

116.467
115.768
121.237
122.304
121.014

116.687
115.800
122.874
126.678
121.648

118.283
117.321
125.021
129.417
123.580

119.738
118.171
131.075
141.343
127.549

123.410
121.627
136.377
154.301
130.127

State and lo c a l.................................
Consumption expenditures.......
Gross investment....................
Structures.........................
Equipment and software.......

21
22
23
24
25

102.611
102.328
103.812
99.379
126.427

101.688
101.655
101.854
97.665
123.117

101.770
101.444
103.135
99.210
122.825

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.




2008

III

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.

Novem ber 2010

Su r v e y

of

C

urrent

D -2 7

B u s in e s s

Table 3.9.5. Government Consumption Expenditures

Table 3.10.1. Percent Change From Preceding Period in Real Government

and Gross Investment
[Billions of dollars]

Consumption Expenditures and General Government Gross Output
[Percent]
Seasonally adjusted at annual rates

Seasonally adjusted at annual rates
Line

2008

2009

Government consumption
expenditures and gross
investment.........................
Consumption expenditures 1
Gross investment2...........
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 2,878.3
2 2,382.8
3
495.5
309.4
4
186.1
5
6
7
8
9
10

Line

2010

2009
IV

III

I

2,914.9 2,933.8 2,934.5 2,955.7 2,990.8 3,018.9
2,411.5
503.4
316.6
186.8

2,425.3
508.5
320.6
187.9

2,434.0
500.5
310.2
190.4

2,464.7
491.0
299.0
192.0

2,485.2
505.6
306.7
198.9

2,503.5
515.3
314.7
200.7

1,079.9 1,139.6 1,155.4 1,159.9 1,178.1 1,206.7 1,233.6
934.6
145.3
22.7
122.6

987.1
152.4
28.0
124.4

999.7
155.7
30.0
125.6

1,001.8
158.1
30.7
127.4

1,017.3
160.8
32.0
128.8

1,038.5
168.2
33.2
135.0

1,061.5
172.1
35.4
136.7

11
12
13
14
15

737.3

771.6

787.3

785.4

796.3

813.0

830.5

635.7
101.7
11.3
90.3

664.1
107.5
15.9
91.5

676.9
110.4
17.7
92.7

673.5
111.9
18.1
93.8

684.0
112.4
18.3
94.1

695.2
117.9
18.2
99.7

711.2
119.3
19.2
100.1

16
17
18
19
20

342.5

368.0

368.1

374.5

381.8

393.7

403.1

299.0
43.6
11.3
32.2

323.0
45.0
12.1
32.9

322.8
45.3
12.4
32.9

328.3
46.2
12.5
33.6

333.3
48.4
13.7
34.7

343.3
50.3
15.0
35.4

350.3
52.8
16.1
36.7

21
22
23
24
25

1,798.5 1,775.3 1,778.4 1,774.7 1,777.6 1,784.1 1,785.3
1,448.2
350.3
286.7
63.6

1,424.4
351.0
288.5
62.4

1,425.6
352.8
290.6
62.3

1,432.2
342.4
279.5
63.0

1,447.4
330.2
267.0
63.2

1,446.7
337.4
273.5
63.9

1,442.0
343.3
279.3
63.9

1. Government consumption expenditures are sen/ices (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

2008

2009

2009
III

Government consumption
expenditures and gross
investment.........................
Consumption expenditures 1
Gross investment2..........
Structures...................
Equipment and software

Federal.............................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

National defense........................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

Nondefense.................................
Consumption expenditures....
Gross investment................
Structures......................
Equipment and software....

State and local................................
Consumption expenditures.......
Gross investment....................
Structures.........................
Equipment and software.......
Residual..................................

1 2,502.7
2 2,073.3
429.4
3
4
248.4
183.7
5

I

II

III

2,542.6 2,559.3 2,550.3 2,540.2 2,564.9 2,586.1
2,112.3
430.3
248.6
184.5

2,121.9
437.3
254.0
185.8

2,119.1
431.2
246.5
188.1

2,118.1
422.0
237.0
189.4

2,131.4
433.4
242.2
196.0

2,145.6
440.6
247.4
197.8

6
7
8
9
10

971.8 1,027.6 1,043.5 1,043.6 1,048.4 1,071.5 1,094.4
833.9
138.5
19.1
119.4

882.3
145.9
23.6
121.9

894.7
149.5
25.5
123.3

893.0
151.4
26.1
124.5

895.5
153.7
27.2
125.6

912.0
160.7
28.3
131.5

931.3
164.4
30.1
133.3

11
12
13
14
15

657.7

693.0

708.3

703.8

704.4

717.1

731.8

562.1
96.1
9.6
86.5

591.7
101.9
13.5
87.9

604.0
104.8
15.0
89.2

598.5
106.0
15.4
89.9

598.9
106.2
15.6
89.9

606.8
111.2
15.6
95.0

620.1
112.6
16.4
95.5

16
17
18
19
20

314.0

334.6

335.2

339.8

344.0

354.5

362.7

271.8
42.3
9.5
32.9

290.6
44.0
10.1
33.9

290.7
44.5
10.5
34.0

294.5
45.3
10.7
34.6

296.6
47.5
11.7
35.7

305.3
49.4
12.8
36.4

311.3
51.8
13.6
37.8

21
22
23
24
25
26

1,532.6 1,518.8 1,520.0 1,511.2 1,496.8 1,499.1 1,498.2
1,240.2
292.3
229.3
64.2
-3.4

1,232.1
286.8
225.4
62.5
-5.1

1,229.5
290.4
228.9
62.4
-4.9

1,228.4
282.9
220.9
63.5
-6.1

1,225.1
272.1
210.5
63.6
-7.4

1,222.3
277.0
214.6
64.4
-8.3

1,217.7
280.7
218.1
64.3
-8.7

1. Government consumption expenditures are services (such as education and national defense) produced by govern­
ment that are valued at their cost of production. Excludes government sales to other sectors and government own-account
investment (construction 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.
Note. 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

2009
III

Government consumption
expenditures 1 .................................
Gross output of general government
Value added...........................
Compensation of general
government employees......
Consumption of general
government fixed capital2....
Intermediate goods and services
purchased 3........................
Durable go od s....................
Nondurable g o o d s...............
Services.............................
Less: Own-account investment4....
Sales to other sectors........

Federal consumption expenditures 1...........
Gross output of general government....
Value added..............................
Compensation of general
government employees.........
Consumption of general
government fixed capital2......
Intermediate goods and services
purchased 3...........................
Durable go od s........................
Nondurable go od s...................
Services................................
Less: Own-account investment4.......
Sales to other sectors...........

Defense consumption expenditures 1
Gross output of general government....
Value added..............................
Compensation of general
government employees.........
Consumption of general
government fixed capital2......
Intermediate goods and services
purchased 3...........................
Durable go od s........................
Nondurable go od s...................
Services................................
Less: Own-account investment4.......
Sales to other sectors...........

Nondefense consumption
expenditures 1......................................

2010
IV

2008

III

II

Gross output of general government....
Value added..............................
Compensation of general
government employees.........
Consumption of general
government fixed capital2......
Intermediate goods and services
purchased 3...........................
Durable g o od s........................
Nondurable go od s...................
Commodity Credit Corporation
inventory change..............
Other nondurable goods........
Services................................
Less: Own-account investment4.......
Sales to other sectors...........

State and local consumption expenditures 1
Gross output of general government....
Value added..............................
Compensation of general
government employees.........
Consumption of general
government fixed capital2......
Intermediate goods and services
purchased 3...........................
Durable go od s........................
Nondurable go od s...................
Services................................
Less: Own-account investment4.......
Sales to other sectors...........
Tuition and related
educational charges......
Health and hospital charges
Other sales.....................

2010
IV

I

II

III

1
2
3

2.5

1.9

0.8

-0.5

-0.2

2.5

2.7

2.6
2.3

2.0
1.6

1.0
0.1

-0.2
0.7

0.1
0.5

2.8
1.7

2.8
-1.5

4

2.1

1.2

-0.4

0.3

0.1

1.4

-2.4

5

3.5

3.5

3.1

2.9

2.7

3.2

3.6

6
7
8
9
10
11

2.9
10.7
0.0
3.4
4.5
2.8

2.7
4.0
2.1
2.9
0.4
3.1

2.5
18.2
-3.1
2.9
-2.9
3.0

-1.7
-11.2
-5.4
0.7
-13.1
3.0

-0.7
-7.9
-0.3
-0.1
-12.4
2.5

4.7
8.4
3.6
4.7
5.8
4.2

9.9
12.3
6.4
11.0
7.3
2.9

12
13
14

6.5

5.8

4.3

-0.8

1.1

7.6

8.7

6.6
3.9

5.8
5.8

4.4
3.5

-0.8
2.8

1.3
3.9

8.0
6.0

8.9
-0.9

15

3.8

6.1

3.4

2.5

3.9

6.4

-2.4

16

4.2

4.6

4.2

3.9

3.6

4.3

4.9

17
18
19
20
21
22

10.1
17.1
6.4
9.8
7.6
17.3

5.8
5.7
11.3
5.0
3.8
7.1

5.5
29.4
-12.1
5.2
8.7
11.9

-4.9
-15.4
-21.8
-0.6
-3.0
2.2

-1.8
-11.5
0.4
-0.8
2.4
13.4

10.7
12.2
17.5
9.5
10.0
63.1

21.7
18.2
30.9
20.9
12.7
20.0

23
24

6.5

5.3

7.9

-3.6

0.3

5.4

9.0

6.5
4.0

5.2
6.1

8.0
7.0

-3.6
3.9

0.3
2.3

5.3
2.1

9.0
2.0

2b
26

3.9

6.6

7.9

3.8

1.9

1.3

1.0

27

4.3

4.6

4.3

4.0

3.8

4.6

5.2

28
29
30
31
32
33

9.5
17.4
1.9
9.1
4.6
13.2

4.2
5.3
4.8
3.9
4.1
-3.7

9.1
30.6
48.0
1.9
7.5
13.7

-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

17.6
17.7
21.9
17.2
18.9
4.4

34
35
36

6.7

6.9

-2.8

5.4

2.9

12.2

8.1

6.9
3.8

7.0
5.2

-2.4
-2.6

5.3
0.7

3.2
6.8

13.7
13.7

8.5
-6.0

37

3.8

5.3

-3.9

0.2

7.6

15.7

-7.8

38

4.1

4.4

3.9

3.3

2.9

3.3

3.9

39
40
41

11.7
13.7

9.6
11.1

-2.1
15.4

11.8
1.5

-1.6
13.4

13.8
15.6

30.9
24.8

13.4
11.5
10.0
20.5

19.1
7.4
3.5
15.3

-21.9
12.9
9.6
10.8

5.2
7.3
-8.2
9.2

11.0
-3.0
1.3
18.1

17.3
12.3
14.6
113.2

34.1
29.1
8.1
27.8

0.0

-0.7

-1.7

-0.4

-1.1

-0.9

-1.5

0.5
1.7

0.1
-0.2

-0.8
-1.4

0.1
-0.2

-0.6
-1.0

-0.1
-0.3

-0.6
-1.8

50

1.5

-0.7

-1.9

-0.5

-1.4

-0.7

-2.4

51

3.0

2.6

2.4

2.2

2.1

2.3

2.5

52
53
54
55
56
57

-1.5
0.3
-1.3
-1.8
3.8
2.5

0.6
0.9
0.0
1.0
-0.4
3.0

0.3
-1.5
-0.5
0.9
-5.3
2.8

0.8
-1.9
-0.8
1.8
-15.4
3.1

0.2
-0.5
-0.5
0.6
-15.7
2.3

0.4
1.2
0.5
0.3
4.8
2.9

1.7
1.2
0.9
2.1
6.0
2.4

58
59
60

1.3
3.7
1.6

1.2
3.2
3.9

0.2
2.8
4.5

3.2
2.7
3.5

2.4
2.4
2.0

2.8
2.8
3.1

2.8
2.8
1.6

42
43
44
45
46
47
48
49

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 -2 8

N ovem ber 2 0 1 0

N a t io n a l D a t a

Table 3.10.3. Real Government Consumption Expenditures and General Government Gross Output, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
Line

2008

2009

2009
III

Government consumption expenditures 1...............................................................................
Gross output of general government.....................................................................
Value added.................................
Compensation of general government employees..............................................
Consumption of general government fixed capital2...........................................
Intermediate goods and services purchased 3.....................................................
Durable goods...........................
Nondurable goods......................
Services..................................
Less: Own-account investment4..........................................................................
Sales to other sectors

Federal consumption expenditures 1......
Gross output of general government
Value added..........................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3....
Durable goods........................................
Nondurable goods.........................................................................................
Services......................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................

Defense consumption expenditures 1 ...........................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3.........................................................
Durable goods...............................................................................................
Nondurable goods.........................................................................................
Services.........
Less: Own-account investment4 .............................................................................
Sales to other sectors.................................................................................

Nondefense consumption expenditures 1
Gross output of general government
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3........................................................
Durable goods..............................
Nondurable goods......................... .........
........... ..................................
Commodity Credit Corporation inventory change...............................................
Other nondurable go od s..............................................................................
Services......................................
Less: Own-account investment4.............
Sales to other sectors.................................................................................

State and local consumption expenditures 1........................................................................................
Gross output of general government
Value added..........................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3.........................................................
Durable goods..............................................................................................
Nondurable goods................................................................
Services......................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................
Tuition and related educational charges.......................................................
Health and hospital charges......................................................................
Other sa le s...........................................................................................

2010
IV

I

II

III

104.824

106.797

107.282

107.140

107.093

107.764

108.479

104.874
104.199
103.211
110.010
105.992
124.676
102.139
105.880
107.176
105.028

106.999
105.851
104.497
113.823
108.904
129.719
104.263
108.914
107.566
108.291

107.482
105.971
104.559
114.291
110.007
135.311
104.744
109.843
108.207
108.744

107.430
106.162
104.645
115.117
109.543
131.359
103.294
110.025
104.471
109.563

107.447
106.300
104.677
115.893
109.355
128.680
103.216
110.004
101.077
110.252

108.188
106.740
105.039
116.797
110.605
131.296
104.125
111.271
102.521
111.392

108.926
106.341
104.407
117.824
113.258
135.159
105.746
114.214
104.346
112.191

108.888

115.204

116.828

116.599

116.932

119.086

121.603

108.593
104.625
102.827
111.350
113.788
138.440
101.524
112.858
101.328
87.389

114.893
110.690
109.135
116.453
120.396
146.344
113.000
118.510
105.134
93.613

116.517
111.566
110.071
117.092
123.018
155.944
115.711
120.311
106.115
95.652

116.293
112.331
110.747
118.204
121.491
149.561
108.820
120.136
105.316
96.183

116.660
113.402
111.824
119.247
120.927
145.082
108.921
119.907
105.942
99.245

118.939
115.057
113.579
120.495
124.031
149.333
113.393
122.665
108.492
112.148

121.493
114.806
112.902
121.940
130.280
155.706
121.288
128.632
111.785
117.367

23
24
25
26
27
28
29
30
31
32
33

109.175

114.933

117.326

116.251

116.337

117.866

120.441

109.075
103.976
101.892
110.697
115.371
139.876
101.779
113.289
97.563
100.585

114.767
110.345
108.625
115.830
120.216
147.306
106.644
117.746
101.581
96.885

117.148
111.528
109.966
116.472
124.108
157.469
119.804
119.616
102.786
98.111

116.074
112.593
111.002
117.632
120.374
150.507
98.654
118.386
103.857
95.950

116.171
113.245
111.519
118.742
119.776
145.280
98.052
118.479
104.833
97.261

117.684
113.823
111.875
120.080
122.459
149.444
101.469
120.851
105.949
96.532

120.259
114.391
112.158
121.622
127.535
155.645
106.610
125.745
110.634
97.575

34
35
36
37
38
39
40
41
42
43
44
45
46

108.284

115.768

115.800

117.321

118.171

121.627

124.023

107.611
105.832
104.414
113.118
110.222
122.313

115.155
111.319
109.985
118.132
120.804
135.906

115.248
111.618
110.224
118.762
120.592
138.782

116.743
111.819
110.283
119.741
124.011
139.296

117.659
113.680
112.324
120.593
123.523
143.754

121.502
117.381
116.507
121.589
127.575
149.071

124.012
115.571
114.162
122.758
136.463
157.561

99.960
111.883
104.353
79.934

119.071
120.210
107.988
92.136

116.388
121.856
108.789
94.702

117.860
124.028
106.485
96.817

120.972
123.080
106.829
100.924

125.900
126.703
110.539
121.946

135.486
135.059
112.704
129.669

102.328

101.655

101.444

101.354

101.076

100.847

100.465

103.017
104.016
103.361
108.966
101.186
104.850
102.304
100.310
108.601
105.585
103.501
106.245
106.105

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

102.994
103.557
102.408
112.164
101.979
105.783
102.303
101.534
108.736
109.170
104.630
110.033
111.118

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

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

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

102.702
102.705
101.105
114.728
102.759
105.751
102.342
102.772
102.599
112.084
107.584
113.000
113.924

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

47
48
49
50
51
52
53
54
55
56
57
58
59
60

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 ovem ber 2 0 1 0

Su r v e y

of

C

urrent

B u s in e s s

D -2 9

Table 3.10.4. Price Indexes for Government Consumption Expenditures and General Government Gross Output
[Index numbers, 2005=100]
Seasonally adjusted
2008

2009

1
2
3
4
5
6
7
8
9
10
11

114.929

114.166

114.300

114.864

116.365

116.599

116.687

114.776
113.415
113.389
113.555
117.008
103.558
131.375
113.152
112.275
113.956

114.577
115.761
115.971
114.617
112.668
104.368
110.168
114.231
113.798
117.339

114.741
115.857
116.166
114.170
112.943
104.257
111.607
114.138
114.061
117.691

115.376
116.086
116.465
114.026
114.230
104.470
115.704
114.568
114.588
118.792

116.790
117.185
117.720
114.297
116.154
104.508
121.466
115.367
115.447
119.694

117.124
117.638
118.206
114.570
116.297
104.613
120.481
115.903
115.931
120.660

117.282
117.954
118.551
114.731
116.206
104.644
119.335
116.160
116.194
121.263

12
13
14
15
16
17
18
19
20
21
22

112.078

111.885

111.736

112.188

113.600

113.869

113.986

112.053
112.645
114.018
107.855
111.266
102.645
128.795
109.969
110.741
110.289

111.868
113.596
115.446
107.180
109.738
103.126
109.129
110.696
112.407
109.878

111.728
112.997
114.754
106.904
110.133
103.045
111.468
110.887
112.524
110.405

112.185
113.332
115.157
107.006
110.731
103.238
113.946
111.291
112.968
111.319

113.588
115.099
117.357
107.287
111.697
103.372
115.288
112.327
114.090
111.918

113.859
115.007
117.193
107.446
112.403
103.412
116.194
113.102
114.505
112.339

113.978
115.142
117.379
107.405
112.504
103.430
116.099
113.244
114.523
112.740

23
24
25
26
27
28
29
30
31
32
33

113.091

112.240

112.059

112.522

114.191

114.555

114.698

113.073
114.095
115.789
109.014
111.818
103.451
143.222
109.996
111.725
110.944

112.245
114.539
116.620
108.333
109.596
104.108
108.848
110.471
113.007
112.930

112.067
113.817
115.692
108.215
110.009
104.040
112.911
110.610
113.254
112.910

112.529
114.114
116.070
108.275
110.648
104.190
117.608
110.941
113.774
113.057

114.190
116.277
118.835
108.656
111.740
104.332
119.932
112.103
114.943
113.773

114.560
116.312
118.794
108.915
112.488
104.405
122.540
112.807
115.938
114.758

114.702
116.447
119.013
108.802
112.639
104.420
122.669
112.986
115.603
115.144

34
35
36
37
38
39
40
41
4?
43
44
45
46

110.000

111.156

111.067

111.496

112.389

112.466

112.531

109.996
110.009
111.099
104.797
109.982
93.580

111.107
111.879
113.511
104.141
110.051
91.976

111.038
111.504
113.203
103.450
110.398
91.760

111.486
111.909
113.650
103.660
110.900
92.457

112.374
112.944
114.904
103.678
111.590
92.492

112.452
112.625
114.539
103.574
112.205
92.186

112.526
112.759
114.670
103.720
112.202
92.242

113.402
109.912
109.973
109.709

108.247
111.208
111.925
107.579

108.885
111.515
111.948
108.402

109.100
112.077
112.337
109.737

109.588
112.842
113.422
110.268

109.027
113.771
113.390
110.406

108.753
113.832
113.680
110.809

47
48
49
50
51
52
53
54
55
56
57
58
59
60

116.766

115.608

115.943

116.587

118.148

118.356

118.422

116.192
113.750
113.146
118.293
120.897
105.153
131.934
115.876
112.616
114.049
120.466
110.826
114.408

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

116.322
117.154
116.754
120.238
114.637
106.437
111.566
116.918
114.401
117.876
128.877
114.359
115.805

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

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

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

119.029
119.233
119.043
120.854
118.570
106.829
120.026
118.609
116.571
121.482
135.434
117.666
118.030

Line

2009
III

Government consumption expenditures 1 ...............................................................................
Gross output of general government.....................................................................
Value added.................................................................................................
Compensation of general government employees..............................................
Consumption of general government fixed capital2...........................................
Intermediate goods and services purchased 3.....................................................
Durable goods...........................................................................................
Nondurable goods......................................................................................
Services..................................................................................................
Less: Own-account investment4..........................................................................
Sales to other sectors..............................................................................

Federal consumption expenditures 1.....................................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2..............................................
Intermediate goods and services purchased 3........................................................
Durable goods..............................................................................................
Nondurable goods.........................................................................................
Services.....................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................

Defense consumption expenditures 1 ...........................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3........................................................
Durable goods..............................................................................................
Nondurable goods.........................................................................................
Services......................................................................................................
Less: Own-account investment4 .............................................................................
Sales toother sectors.................................................................................

Nondefense consumption expenditures 1....................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3.........................................................
Durable goods..............................................................................................
Nondurable goods.........................................................................................
Commodity Credit Corporation inventory change...............................................
Other nondurable go od s..............................................................................
Services......................................................................................................
Less: Own-account investment4 .............................................................................
Sales to other sectors.................................................................................

State and local consumption expenditures 1.......................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3........................................................
Durable goods..............................................................................................
Nondurable goods.........................................................................................
Services.....................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................
Tuition and related educational charges.......................................................
Health and hospital charges......................................................................
Other s a le s...........................................................................................

2010
IV

I

II

III

1. Government consumption expenditures are sen/ices (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 a t io n a l D a t a

D -3 0

N ovem ber 2010

Table 3.10.5. Government Consumption Expenditures and General Government Gross Output
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2009

2009

2,382.8

2,411.5

2,425.3

2,434.0

2,464.7

2,485.2

2,503.5

2,767.8
1,697.6
1,436.9
260.7
1,070.2
70.5
291.9
707.8
28.6
356.4

2,819.0
1,760.2
1,487.9
272.3
1,058.8
73.9
249.9
735.0
29.1
378.4

2,835.7
1,763.6
1,491.3
272.3
1,072.1
77.0
254.3
740.7
29.4
381.1

2,850.0
1,770.3
1,496.4
274.0
1,079.7
74.9
260.0
744.7
28.5
387.5

2,885.4
1,789.4
1,512.9
276.5
1,096.0
73.4
272.8
749.8
27.8
392.9

2,913.6
1,803.7
1,524.5
279.3
1,109.9
75.0
272.9
762.0
28.3
400.2

2,937.5
1,801.8
1,519.7
282.1
1,135.6
77.2
274.6
783.8
28.8
405.1

III

Government consumption expenditures 1...............................................................................
Gross output of general government.....................................................................
Value added.................................................................................................
Compensation of general government employees..............................................
Consumption of general government fixed capital2...........................................
Intermediate goods and services purchased 3.....................................................
Durable goods...........................................................................................
Nondurable goods......................................................................................
Services...................................................................................................
Less: Own-account investment4..........................................................................
Sales to other sectors..............................................................................

Federal consumption expenditures 1.....................................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3.........................................................
Durable goods...............................................................................................
Nondurable goods.........................................................................................
Services......................................................................................................
Less: Own-account investment4 .............................................................................
Sales to other sectors.................................................................................

Defense consumption expenditures 1 ...........................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3.........................................................
Durable goods...............................................................................................
Nondurable goods..........................................................................................
Services......................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................

Nondefense consumption expenditures 1.....................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3.........................................................
Durable goods...............................................................................................
Nondurable goods..........................................................................................
Commodity Credit Corporation inventory change...............................................
Other nondurable go od s..............................................................................
Services......................................................................................................
Less: Own-account investment4 .............................................................................
Sales to other sectors.................................................................................

State and local consumption expenditures 1........................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3.........................................................
Durable goods...............................................................................................
Nondurable goods..........................................................................................
Services......................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................
Tuition and related educational charges.......................................................
Health and hospital charges......................................................................
Other s a le s...........................................................................................

1
2
3
4
b
6
7
8
9
10
11
12
13
14
15
16
1/
18
19
20
21
22
23
24
2b
26
2/
28

2010

2008

IV

I

II

III

934.6

987.1

999.7

1,001.8

1,017.3

1,038.5

1,061.5

948.6
517.1
403.8
113.2
431.5
45.9
53.1
332.5
5.2
8.8

1,002.0
551.7
434.0
117.7
450.3
48.8
50.1
351.4
5.5
9.4

1,014.9
553.1
435.1
118.0
461.7
52.0
52.4
357.4
5.5
9.6

1,017.0
558.6
439.3
119.3
458.5
49.9
50.4
358.2
5.5
9.7

1,033.0
572.7
452.1
120.6
460.3
48.5
51.0
360.8
5.6
10.1

1,055.7
580.6
458.5
122.1
475.1
49.9
53.5
371.7
5.8
11.5

1,079.5
580.0
456.5
123.5
499.5
52.1
57.2
390.2
5.9
12.0

635.7

664.1

676.9

673.5

684.0

695.2

711.2

641.6
337.4
254.5
82.9
304.2

682.9
361.0
274.5
86.6
321.9
28.2
245.3
2.4
3.7

679.5
365.4
278.0
87.5
314.0
46.3
24.2
243.5
2.4
3.6

690.1
374.5
285.9
88.6
315.6
44.8
24.6
246.2
2.5
3.7

701.3
376.6
286.7
89.8
324.8
46.1
26.0
252.7
2.5
3.7

717.6
378.9
288.0
90.9
338.7
48.0
27.3
263.4
2.6
3.7

29

42.8

30
31
32
33

30.5
231.0
2.2
3.7

670.1
359.4
273.3
86.2
310.7
45.3
24.2
241.1
2.4
3.6

34
3b
36
37
38
39
40
41
42
43
44
45
46

299.0

323.0

322.8

328.3

333.3

343.3

350.3

307.0
179.7
149.3
30.4
127.3
3.2
22.7
-0.3
23.0
101.5
3.0
5.1

331.9
192.2
160.7
31.5
139.6
3.5
25.8
-0.3
26.1
110.3
3.1
5.7

331.9
192.1
160.6
31.5
139.8
3.5
24.1
-1.5
25.7
112.1
3.2
5.9

337.6
193.1
161.4
31.8
144.4
3.6
26.1
0.1
26.1
114.7
3.1
6.2

342.9
198.2
166.2
32.0
144.8
3.7
26.5
-0.4
26.9
114.6
3.1
6.4

354.4
204.0
171.8
32.3
150.3
3.8
27.6
-0.3
27.8
118.9
3.2
7.8

361.9
201.1
168.5
32.6
160.8
4.0
29.9
0.0
29.9
126.9
3.3
8.3

1,448.2

1,424.4

1,425.6

1,432.2

1,447.4

1,446.7

1,442.0

1,819.2
1,180.5
1,033.1
147.5
638.7
24.6
238.8
375.3
23.4
347.6
76.3
155.8
115.6

1,817.0
1,208.5
1,053.9
154.6
608.5
25.1
199.8
383.6
23.6
369.0
81.8
165.4
121.8

1,820.9
1,210.5
1,056.2
154.3
610.4
25.1
202.0
383.3
23.8
371.5
82.5
166.5
122.5

1,833.0
1,211.7
1,057.1
154.7
621.3
25.0
209.7
386.6
23.0
377.8
84.1
169.3
124.3

1,852.4
1,216.7
1,060.9
155.8
635.7
24.9
221.8
389.0
22.1
382.8
85.7
171.5
125.7

1,857.9
1,223.1
1,065.9
157.2
634.8
25.1
219.4
390.3
22.5
388.7
87.7
173.8
127.2

1,858.0
1,221.8
1,063.2
158.6
636.1
25.2
217.4
393.6
22.9
393.1
89.1
175.9
128.0

47
48
49
50
b1
b2
53
54
55
56
57
58
59
60

48.4

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 ovem ber 2 0 1 0

Su r v e y

of

C

urrent

B u s in e s s

D -3 1

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

2008

2009

2009
III

Government consumption expenditures 1 ...............................................................................
Gross output of general government.....................................................................
Value added.................................................................................................
Compensation of general government employees..............................................
Consumption of general government fixed capital2...........................................
Intermediate goods and services purchased 3.....................................................
Durable goods...........................................................................................
Nondurable goods......................................................................................
Services..................................................................................................
Less: Own-account investment4..........................................................................
Sales toother sectors..............................................................................

Federal consumption expenditures 1.....................................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3........................................................
Durable goods..............................................................................................
Nondurable goods.........................................................................................
Services.....................................................................................................
Less: Own-account investment4 .............................................................................
Sales to other sectors.................................................................................

Defense consumption expenditures 1 ...........................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3........................................................
Durable goods..............................................................................................
Nondurable goods.........................................................................................
Services.....................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................

Nondefense consumption expenditures 1....................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3........................................................
Durable goods..............................................................................................
Nondurable goods.........................................................................................
Commodity Credit Corporation inventory change...............................................
Other nondurable go od s..............................................................................
Services.....................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................

State and local consumption expenditures 1.......................................................................................
Gross output of general government........................................................................
Value added....................................................................................................
Compensation of general government employees.................................................
Consumption of general government fixed capital2...............................................
Intermediate goods and services purchased 3........................................................
Durable goods..............................................................................................
Nondurable goods.........................................................................................
Services.....................................................................................................
Less: Own-account investment4.............................................................................
Sales to other sectors.................................................................................
Tuition and related educational charges.......................................................
Health and hospital charges......................................................................
Other sa le s...........................................................................................
Residual......................................................................................................................

2010
IV

I

II

III

1
2
3
4
5
6
7
8
9
10
11

2,073.3

2,112.3

2,121.9

2,119.1

2,118.1

2,131.4

2,145.6

2,411.5
1,496.8
1,267.2
229.6
914.7
68.1
222.2
625.5
25.5
312.8

2,460.4
1,520.5
1,283.0
237.5
939.8
70.8
226.8
643.5
25.6
322.5

2,471.5
1,522.2
1,283.8
238.5
949.3
73.9
227.9
649.0
25.7
323.8

2,470.3
1,525.0
1,284.8
240.2
945.3
71.7
224.7
650.0
24.8
326.3

2,470.7
1,527.0
1,285.2
241.9
943.7
70.3
224.6
649.9
24.0
328.3

2,487.7
1,533.3
1,289.7
243.7
954.5
71.7
226.5
657.4
24.4
331.7

2,504.7
1,527.6
1,281.9
245.9
977.4
73.8
230.1
674.8
24.8
334.1

12
13
14
15
16
17
18
19
20
21
22

833.9

882.3

894.7

893.0

895.5

912.0

931.3

846.6
459.0
354.2
105.0
387.8
44.8
41.2
302.3
4.7
7.9

895.7
485.6
375.9
109.8
410.3
47.3
45.9
317.5
4.9
8.5

908.3
489.5
379.1
110.4
419.3
50.4
47.0
322.3
4.9
8.7

906.6
492.8
381.5
111.5
414.1
48.4
44.2
321.8
4.9
8.7

909.4
497.5
385.2
112.4
412.2
46.9
44.2
321.2
4.9
9.0

927.2
504.8
391.2
113.6
422.7
48.3
46.1
328.6
5.0
10.2

947.1
503.7
388.9
115.0
444.0
50.3
49.3
344.6
5.2
10.7

23
24
25
26
27
28
29
30
31
32
33

562.1

591.7

604.0

598.5

598.9

606.8

620.1

567.4
295.7
219.8
76.0
272.0
41.3
21.3
210.0
2.0
3.3

597.0
313.8
234.3
79.6
283.5
43.5
22.3
218.3
2.1
3.2

609.4
317.2
237.2
80.0
292.7
46.5
25.0
221.7
2.1
3.2

603.8
320.2
239.4
80.8
283.8
44.5
20.6
219.4
2.1
3.2

604.3
322.1
240.6
81.6
282.4
42.9
20.5
219.6
2.2
3.2

612.2
323.7
241.3
82.5
288.8
44.2
21.2
224.0
2.2
3.2

625.6
325.3
241.9
83.5
300.7
46.0
22.3
233.1
2.3
3.2

34
35
36
37
38
39
40
41
42
43
44
45
46

271.8

290.6

290.7

294.5

296.6

305.3

311.3

279.1
163.4
134.4
29.0
115.8
3.4
20.1
-0.2
20.3
92.3
2.7
4.6

298.7
171.8
141.6
30.3
126.9
3.8
23.9
-0.2
24.1
99.2
2.8
5.3

298.9
172.3
141.9
30.4
126.7
3.9
22.4
-1.2
23.6
100.6
2.8
5.5

302.8
172.6
142.0
30.7
130.2
3.9
24.0
0.1
23.9
102.3
2.8
5.6

305.2
175.5
144.6
30.9
129.7
4.0
24.2
-0.3
24.5
101.6
2.8
5.8

315.1
181.2
150.0
31.1
134.0
4.1
25.3
-0.2
25.5
104.6
2.9
7.1

321.7
178.4
147.0
31.4
143.3
4.4
27.5
0.1
27.4
111.4
2.9
7.5

47
48
49
50
51
52
53
54
55
56
57
58
59
60
61

1,240.2

1,232.1

1,229.5

1,228.4

1,225.1

1,222.3

1,217.7

1,565.7
1,037.8
913.0
124.7
528.3
23.3
181.0
323.9
20.8
304.8
63.3
140.6
101.0
-1.9

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

1,565.4
1,033.2
904.6
128.3
532.5
23.6
181.0
327.9
20.8
315.2
64.0
145.6
105.8
-3.3

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

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

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

1,560.9
1,024.7
893.1
131.2
536.5
23.6
181.1
331.9
19.6
323.6
65.8
149.5
108.5
-4.5

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.
Note. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type
quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed
lines.




D -3 2

N ovem ber 2010

N a t io n a l D a t a

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

2008

2009
III

National defense consumption expenditures and gross investment......................................
Consumption expenditures 1...................................................................................................................
Gross output of general government................................................................................
Value added...........................................................................................................
Compensation of general government employees........................................................
Military...........................................................................................................
Civilian...........................................................................................................
Consumption of general government fixed capital2.....................................................
Intermediate goods and services purchased 3...............................................................
Durable goods.....................................................................................................
Aircraft............................................................................................................
Missiles..........................................................................................................
Sh ip s.............................................................................................................
Vehicles..........................................................................................................
Electronics......................................................................................................
Other durable go od s..........................................................................................
Nondurable g o o d s ,
Petroleum products...........................................................................................
Ammunition........
Other nondurable go o d s....................................................................................
Services...............
..................................................................................
Research and development................................................................................
Installation support.........
Weapons support...........
Personnel support..........
Transportation of material.
Travel of persons...........
Less: Own-account investment4 ..
Sales to other sectors........................................................................................

Gross investment5 ....................................................................................................................................
Structures.................................................................................................................
Equipment and software...............................................................................................
Aircraft............
M issiles..........
Sh ip s..............
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

2010

2009
IV

I

II

III

7.5
6.5

5.4
5.3

9.0
7.9

-2.5
-3.6

0.4
0.3

7.4
5.4

8.5
9.0

6.5
4.0
3.9
4.5
2.6
4.3
9.5
17.4
12.3
2.7
-31.6
29.9
38.4
16.0
1.9
-1.5
2.4
8.0
9.1
3.6
10.6
14.2
19.4
-16.6
-20.0
4.6
13.2

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

8.0
7.0
7.9
7.5
8.8
4.3
9.1
30.6
22.8
108.6
17.2
35.4
30.7
13.7
48.0
103.2
-13.7
30.6
1.9
-5.8
-1.9
14.3
5.4
-1.0
-5.9
7.5
13.7

-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
-4.1
-7.6
-9.6
-16.6
-0.2
140.7
-4.4
4.2
-8.5

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

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

9.0
2.0
1.0
-1.7
7.3
5.2
17.6
17.7
29.5
22.7
32.9
-40.8
6.8
40.9
21.9
77.3
-42.9
0.9
17.2
0.9
17.8
30.5
24.9
28.6
-14.9
18.9
4.4

14.4

6.0

15.6

4.5

0.7

20.4

5.1

9.3
15.1
1.7
-7.3
-0.5
47.2
25.2
18.0

40.1
1.7
5.8
23.2
6.8
-4.4
1.6
-2.7

184.0
-0.6
-52.4
65.3
-5.3
17.1
20.0
9.5

11.3
3.3
126.6
-23.4
53.9
-17.5
-19.4
-18.2

3.5
0.2
-15.7
11.5
-47.7
34.5
21.6
10.0

0.5
24.5
120.8
44.8
15.0
6.1
-2.9
13.1

23.1
2.1
0.3
-35.3
29.0
-11.4
8.7
2.9

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 ovem ber 201 0

Su r v e y

of

C

urrent

B u s in e s s

D -3 3

Table 3.11.3. Real National Defense Consumption Expenditures

Table 3.11.4. Price Indexes for National Defense Consumption

and Gross Investment by Type, Quantity Indexes
[Index numbers, 2005=100]

Expenditures and Gross Investment by Type
[Index numbers, 2005=100]

Seasonally adjusted
Line

2008

2009

2009
III

National defense
consumption expenditures
and gross investment
Consumption expenditures 1
Gross output of general
government........................
Value added.......................
Compensation of general
government employees ....
Military........................
Civilian........................
Consumption of general
government fixed capital2
Intermediate goods and
services purchased 3 ........
Durable g o od s.................
Aircraft........................
Missiles
S h ip s..
Vehicles......................
Electronics...................
Other durable goods......
Nondurable go ods............
Petroleum products.......
Ammunition.................
Other nondurable goods...
Services........................
Research and
development.............
Installation support........
Weapons support..........
Personnel support.........
Transportation of material
Travel of persons...........
Less: Own-account investment4
Sales to other sectors

Gross investment5.........................
Structures
........................
Equipment and software...........
Aircraft......
Missiles
Ships
Vehicles....
Electronics and software.......
Other equipment..................

1
2

Seasonally adjusted
Line

2010
IV

I

II

111.653 117.648 120.237 119.477 119.582 121.732 124.229
109.175 114.933 117.326 116.251 116.337 117.866 120.441

115.371
139.876
116.217
135.149
54.445
266.541
198.355
131.720
101.779
98.347
94.160
113.385
113.289

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

124.108
157.469
138.061
154.189
54.240
336.485
221.823
134.597
119.804
117.226
89.098
146.072
119.616

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

127.535
155.645
143.091
142.751
56.001
305.595
208.140
139.111
106.610
107.196
81.892
122.068
125.745

22
23
24
25
26
27
28
29

101.906
106.866
117.490
131.688
120.375
74.872
97.563
100.585

99.777
117.020
127.339
142.232
82.626
80.983
101.581
96.885

100.718
118.565
133.669
144.557
76.578
80.970
102.786
98.111

98.746
115.610
127.720
144.471
95.384
80.071
103.857
95.950

98.688
113.308
120.456
149.579
102.749
73.155
104.833
97.261

98.426
112.926
128.536
156.245
97.532
67.224
105.949
96.532

98.641
117.649
137.382
165.173
103.871
64.574
110.634
97.575

30
31
32
33
34
35
36
37
38

129.524 137.252 141.271 142.838 143.089 149.875 151.767

Gross investment5.........................

5 101.892 108.625 109.966 111.002 111.519 111.875 112.158
6 101.205 109.008 110.675 110.588 111.123 111.126 110.640
7 103.352 107.664 108.286 111.812 112.288 113.438 115.451
8 110.697 115.830 116.472 117.632 118.742 120.080 121.622

201.764
133.577
94.516
132.107
95.380
228.171
177.955
135.037

207.231
134.652
115.958
123.591
106.242
217.488
168.639
128.431

209.013
134.711
111.097
127.003
90.354
234.227
177.072
131.516

209.254
142.306
135.431
139.326
93.562
237.712
175.775
135.636

220.413
143.042
135.517
124.957
99.708
230.630
179.487
136.609

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 defense
consumption expenditures
and gross investment
Consumption expenditures 1

9
10
11
12
13
14
15
16
17
18
19
20
21

3 109.075 114.767 117.148 116.074 116.171 117.684 120.259
4 103.976 110.345 111.528 112.593 113.245 113.823 114.391

180.681
131.719
104.096
120.268
97.607
218.858
168.658
131.342

2009

2009
III

Gross output of general
government........................
Value added........................
Compensation of general
government employees....
Military........................
Civilian........................
Consumption of general
government fixed capital2
Intermediate goods and
services purchased 3.........
Durable g o o d s .................
Aircraft........................
Missiles
Ships....
Vehicles......................
Electronics...................
Other durable goods......
Nondurable g o o d s ............
Petroleum products........
Ammunition..................
Other nondurable goods...
Services.........................
Research and
development.............
Installation support........
Weapons support..........
Personnel support.........
Transportation ot material
Travel of persons...........
Less: Own-account investment4
Sales to other sectors

128.929
129.558
98.404
97.595
91.352
229.040
166.074
134.981

2008

III

Structures.............................
Equipment and software...........
Aircraft..............................
Missiles.............................
Ships.................................
Vehicles.............................
Electronics and software........
Other equipment..................

1
2

2010
IV

I

II

III

112.109 111.342 111.153 111.590 113.046 113.377 113.489
113.091 112.240 112.059 112.522 114.191 114.555 114.698

3 113.073 112.245 112.067 112.529 114.190 114.560 114.702
4 114.095 114.539 113.817 114.114 116.277 116.312 116.447
5 115.789 116.620 115.692 116.070 118.835 118.794 119.013
6 118.093 118.171 117.030 117.262 120.676 120.688 120.977
7 110.972 113.407 112.942 113.633 115.024 114.869 114.946
8 109.014 108.333 108.215 108.275 108.656 108.915 108.802
9
10
11
12
13
14
15
16
17
18
19
20
21

111.818
103.451
101.701
107.006
107.541
103.600
102.152
104.422
143.222
177.225
119.092
108.649
109.996

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

110.009
104.040
101.831
107.814
108.943
105.104
101.634
106.378
112.911
111.231
116.906
110.130
110.610

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

112.639
104.420
102.199
108.141
109.649
104.641
101.873
107.279
122.669
130.694
120.059
111.539
112.986

22
23
24
25
26
27
28
29

110.733
110.839
107.264
108.307
115.010
118.531
111.725
110.944

111.874
110.061
109.069
109.909
104.111
115.328
113.007
112.930

111.801
110.598
109.100
110.050
103.842
116.287
113.254
112.910

112.227
110.809
109.047
110.190
106.694
118.728
113.774
113.057

113.382
113.190
110.187
110.665
108.981
119.669
114.943
113.773

113.841
114.044
110.461
110.952
113.903
124.340
115.938
114.758

114.128
113.333
111.054
111.236
115.125
124.450
115.603
115.144

30
31
32
33
34
35
36
37
38

105.781 105.507 105.274 105.559 105.807 105.950 105.893
117.998
104.450
102.945
104.457
123.044
104.756
96.019
103.773

118.453
104.073
103.497
105.308
116.338
107.256
94,084
104.993

117.393
103.952
103.391
105.635
116.257
106.773
93.730
105.070

117.325
104.297
103.166
106.131
118.375
106.970
93.711
105.388

117.171
104.616
103.500
106.658
120.550
106.870
93.607
105.491

116.575
104.885
103.990
107.318
122.650
106.130
93.380
105.686

116.873
104.768
104.077
107.047
121.839
105.445
92.964
106.071

1. National defense consumption expenditures are defense services produced by government that are valued at their
cost of production. Excludes government sales to other sectors and government own-account investment (construction
and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the
services of general government fixed assets; the use of depreciation assumes a zero net return on these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account
investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and
related expenditures for goods and services and is classified as investment in structures and in software.
5. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.

D -3 4

N ovem ber 2010

N a tio n a l D a t a

Table 3.11.5. National Defense Consumption Expenditures

Table 3.11.6. Real National Defense Consumption Expenditures

and Gross Investment by Type
[Billions of dollars]

and Gross Investment by Type, Chained Dollars
[Billions of chained (2005) dollars]

Seasonally adjusted at annual rates
Line

2008

2009
III

National defense
consumption expenditures
and gross investment.......
Consumption expenditures 1 .......
Gross output of general
government........................
Value a dded.......................
Compensation of general
government employees....
Military........................
Civilian........................
Consumption of general
government fixed capital2
Intermediate goods and
services purchased 3 ........
Durable g o o d s.................
Aircraft........................
M issiles......................
S h ip s..........................
Vehicles......................
Electronics...................
Other durable goods......
Nondurable go od s............
Petroleum products.......
Ammunition.................
Other nondurable goods...
Services.........................
Research and
development.............
Installation support........
Weapons support..........
Personnel support.........
Transportation of material
Travel of persons...........
Less: Own-account investment4
Sales to other sectors....

Gross investment5.........................
Structures..............................
Equipment and software...........
Aircraft..............................
Missiles..............................
S h ip s................................
Vehicles.............................
Electronics and software.......
Other equipment..................

Seasonally adjusted at annual rates

2010

2009
IV

I

II

Line

2

771.6
664.1

787.3
676.9

785.4
673.5

796.3
684.0

813.0
695.2

830.5
711.2

3
4

641.6
337.4

670.1
359.4

682.9
361.0

679.5
365.4

690.1
374.5

701.3
376.6

717.6
378.9

5
6
7

254.5
175.7
78.7

273.3
189.4
83.8

274.5
190.5
84.0

278.0
190.7
87.2

285.9
197.2
88.7

286.7
197.2
89.5

288.0
196.9
91.1

Gross output of general
government........................
Value added........................
Compensation of general
government employees....
Military........................
Civilian........................
Consumption of general
government fixed capital2
Intermediate goods and
services purchased 3.........
Durable g o o d s.................
Aircraft........................
Missiles.......................
Ships..........................
Vehicles......................
Electronics...................
Other durable goods......
Nondurable g o o d s............
Petroleum products........
Ammunition..................
Other nondurable goods...
Services.........................
Research and
development.............
Installation support........
Weapons support..........
Personnel support.........
Transportation of material
Travel of persons...........
Less: Own-account investment4
Sales to other sectors.....

82.9

86.2

86.6

87.5

88.6

89.8

90.9

9
10
11
12
13
14
15
16
17
18
19
20
21

304.2
42.8
12.7
4.7
0.8
3.1
10.9
10.5
30.5
17.6
4.5
8.4
231.0

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

321.9
48.4
15.1
5.4
0.8
4.0
12.1
11.0
28.2
13.1
4.1
11.0
245.3

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

338.7
48.0
15.7
5.0
0.8
3.6
11.4
11.4
27.3
14.1
3.9
9.3
263.4

22
23
24
2b
26
27
28
29

60.9
41.8
30.7
79.6
10.7
7.3
2.2
3.7

60.2
45.5
33.8
87.3
6.6
7.7
2.4
3.6

60.7
46.3
35.5
88.8
6.1
7.7
2.4
3.7

59.8
45.3
33.9
88.9
7.8
7.8
2.4
3.6

60.4
45.3
32.4
92.4
8.6
7.2
2.5
3.7

60.4
45.5
34.6
96.8
8.5
6.8
2.5
3.7

60.7
47.1
37.2
102.6
9.2
6.6
2.6
3.7

30
31
32
33
34
35
36
37
38

101.7

107.5

110.4

111.9

112.4

117.9

119.3

Gross investment5.........................

11.3
90.3
13.7
4.1
11.0
9.3
20.2
32.1

15.9
91.5
14.6
5.1
11.1
9.1
20.1
31.6

17.7
92.7
13.2
5.6
10.9
9.4
21.1
32.5

18.1
93.8
16.2
5.3
12.3
9.0
20.0
31.0

18.2
99.7
19.0
6.0
11.3
9.8
20.8
32.8

19.2
100.1
19.1
5.4
11.9
9.4
21.1
33.2

Structures.............................
Equipment and software...........
Aircraft..............................
Missiles.............................
Ships.................................
Vehicles.............................
Electronics and software........
Other equipment..................

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 defense
consumption expenditures
and gross investment........
Consumption expenditures 1........

2010

2009
III

8

18.3
94.1
15.6
5.4
10.7
9.7
21.0 '
31.8

2009

III

737.3
635.7

1

2008

IV

I

II

III

2

657.7
562.1

693.0
591.7

708.3
604.0

703.8
598.5

704.4
598.9

717.1
606.8

731.8
620.1

3
4

567.4
295.7

597.0
313.8

609.4
317.2

603.8
320.2

604.3
322.1

612.2
323.7

625.6
325.3

5
6
7

219.8
148.8
71.0

234.3
160.3
73.9

237.2
162.7
74.4

239.4
162.6
76.8

240.6
163.4
77.1

241.3
163.4
77.9

241.9
162.7
79.3

1

8

76.0

79.6

80.0

80.8

81.6

82.5

83.5

9
10
11
12
13
14
15
16
17
18
19
20
21

272.0
41.3
12.5
4.4
0.8
3.0
10.7
10.1
21.3
9.9
3.7
7.7
210.0

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

292.7
46.5
14.8
5.0
0.7
3.8
11.9
10.3
25.0
11.8
3.5
10.0
221.7

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

300.7
46.0
15.4
4.7
0.8
3.4
11.2
10.7
22.3
10.8
3.3
8.3
233.1

22
23
24
25
26
27
28
29

55.0
37.8
28.6
73.5
9.3
6.1
2.0
3.3

53.8
41.3
31.0
79.4
6.4
6.6
2.1
3.2

54.3
41.9
32.6
80.7
5.9
6.6
2.1
3.2

53.3
40.8
31.1
80.7
7.3
6.6
2.1
3.2

53.2
40.0
29.4
83.5
7.9
6.0
2.2
3.2

53.1
39.9
31.3
87.2
7.5
5.5
2.2
3.2

53.2
41.6
33.5
92.2
8.0
5.3
2.3
3.2

30
31
32
33
34
35
36
37
38
39

96.1

101.9

104.8

106.0

106.2

111.2

112.6

9.6
86.5
13.3
3.9
9.0
8.9
21.0
30.9
-2.5

13.5
87.9
14.1
4.8
9.6
8.5
21.3
30.1
-2.1

15.0
89.2
12.8
5.3
9.4
8.8
22.5
30.9
-2.0

15.4
89.9
15.7
5.0
10.4
8.4
21.3
29.4
-2.0

15.6
89.9
15.0
5.1
8.9
9.1
22.4
30.1
-2.3

15.6
95.0
18.3
5.6
9.2
9.2
22.2
31.1
-2.6

16.4
95.5
18.3
5.0
9.8
8.9
22.7
31.3
-3.0

1. National defense consumption expenditures are defense services produced by government that are valued at their
cost of production. Excludes government sales to other sectors and government own-account investment (construction
and software).
2. Consumption of fixed capital, or depreciation, is included in government gross output as a partial measure of the
services of general government fixed assets; the use of depreciation assumes a zero net return on these assets.
3. Includes general government intermediate inputs for goods and services sold to other sectors and for own-account
investment.
4. Own-account investment is measured in current dollars by compensation of general government employees and
related expenditures for goods and services and is classified as investment in structures and in software.
5. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
Note. 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.

N ovem ber 201 0

Su r v e y

of

C

urrent

D -3 5

B u s in e s s

4. Foreign Transactions
Table 4.1. Foreign Transactions in the National Income and Product Accounts
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

2010
IV

I

II

III

1
Current receipts from the rest of the world..................................................................................
2,208.2
2,209.5
2,354.6
2,451.5
2,514.0
2,682.6
Exports of 2goods1,843.4
and services................................................................................................................
1,578.4
1,582.1
1,689.9
1,757.8
1,817.9
1,842.1
Goods 1....................................................................................................................
Durable.................................................................................................................
Nondurable............................................................................................................
Services 1................................................................................................................

Income receipts
Wage and salary receipts.............................................................................................
Income receipts on a sse ts............................................................................................
...........
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 a sse ts.........................................................................................
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 (net)....................................................................................................

3
4
5
6
7
8
q
m

11
1?
13
14
15
16
17
18
19
20
21

??
?3
?4
25
26
27
28

Balance on current account, NIPAs...............................................................................................
Addenda:
Net lending or net borrowing (-), N IPA s...........................................................................
Balance on current account, NIPAs..............................................................................
Less: Capital account transactions (net)2.....................................................................

30
31
32

1,295.1
828.2
466.9
548.3

1,063.1
671.0
392.1
515.3

1,068.6
671.4
397.2
513.6

1,157.6
728.0
429.6
532.3

1,213.0
758.4
454.6
544.8

1,262.8
802.9
459.9
555.1

1,274.9
807.2
467.7
567.1

839.2

629.8

627.4

664.7

693.7

696.1

3.0
836.2
264.4
299.3
272.4

2.9
626.9
146 3
206.8
273.8

2.9
624.5
136.6
213.0
274.8

3.0
661.7
132.6
192.2
336.8

3.0
690.7
129.3
195.8
365.6

3.1
693.0
135.5
???fi
334.7

3,353.0
2,553.8

2,587.9
1,964.7

2,599.6
1,990.5

2,755.2
2,116.3

2,896.5
2,237.6

3,006.4
2,357.1

2,403.5

2,148.8
1,158.7
990.1
405.0

1,587.8
890.1
697.7
376.9

1,613.8
899.8
714.1
376.6

1,731.8
968.4
763.4
384.5

1,843.5
1,015.5
827.9
394.1

1,957.2
1,114.6
842.6
400.0

1,992.5
1,148.1
844.5
411.0

664.7

483.6

460.1

499.1

502.6

500.8

10.4
654.3
493.8
113.2
47.3

10.8
472.8
344 5
99.5
28 8

10.7
449.5
325.9
80.8
42.8

10.8
488.3
321.8
79.8
86.7

11.2
491.3
318.4
96.6
76.3

11.5
489.3
323.2
86.0
80.2

134.5

139.5

149.0

139.7

156.3

148.5

149.2

64.6
38.4
31.5

66.5
50.2
22.9

66.3
61.1
21.7

69.5
45.3
24.9

70.7
60.6
25.0

72.2
51.9
24.4

71.6
53.2
24.5

-670.4

-379.7

-390.1

-400.6

-445.0

-492.5

-665.0
-670.4
-5.4

-380.3
-379.7
0.6

-390.7
-390.1
0.6

-401.3
-400.6
0.7

-445.4
-445.0
0.4

-493.0
-492.5
0.5

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government, are included in services. Beginning with 1986, repairs and alterations of equipment are 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 -3 6

N a tio n a l D a t a

N ovem ber 2010

Table 4.2.1. Percent Change From Preceding Period in Real Exports and in

Table 4.2.2. Contributions to Percent Change in Real Exports and in

Real Imports of Goods and Services by Type of Product
[Percent]

Real Imports of Goods and Services by Type of Product

Seasonally adjusted at annual rates
Line

2008

2009

2009
III

Exports of go od s and
se rvices.........................
Exports of g o o d s 1....................
Foods, feeds, and beverages......
Industrial supplies and materials
Durable g o o d s....................
Nondurable g o o d s................
Capital goods, except automotive
Civilian aircraft, engines, and
parts..............................
Computers, peripherals, and
parts..............................
Other................................
Automotive vehicles, engines, and
parts.................................
Consumer goods, except
automotive.........................
Durable g o o d s....................
Nondurable go o d s...............
Other...................................

Seasonally adjusted at annual rates

2010
IV

I

II

.ine

2
3
4
5
6
7

6.0
6.3

-9.5
-12.0

12.2
18.7

24.4
31.7

11.4
14.0

9.1
11.5

5.0
3.4

6.8
10.9
10.5
11.1
6.2

-4.6
-6.8
-13.3
-3.5
-14.7

-3.2
33.5
28.6
35.9
6.1

69.6
11.9
18.6
8.8
28.7

-0.9
19.2
12.8
22.4
15.1

-32.2
17.3
38.0
8.5
19.1

16.2
-3.3
-9.5
-0.2
10.7

8

-3.3

-3.7

-9.9

23.4

-31.1

-7.3

30.0

9
10

5.2
8.7

-7.8
-18.0

21.8
8.8

25.9
30.5

23.1
29.2

21.3
25.4

14.5
6.5

1

11

-1.1

-33.1

155.1

70.6

35.9

19.5

-5.4

12
13
14
15

8.2
7.5
9.1
-8.6

-7.2
-16.8
5.2
^t.O

10.1
29.4
-6.7
-24.2

23.9
24.8
22.9
92.5

11.0
13.7
8.3
-17.5

-4.6
23.2
-28.0
53.9

6.2
3.7
9.2
-11.8

16

5.3

-3.9

0.1

10.2

5.8

3.9

8.6

17
18
19
20
21
22
23

-17.4
8.6
10.7
0.2
7.7
4.4
13.4

16.1
-10.9
-3.9
-14.6
-4.3
0.4
-7.1

109.8
-2.0
1.2
12.5
-17.3
1.3
-11.8

-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

-8.2
22.7
32.1
-1.0
6.6
4.0
12.5

Imports of g o o d s and
se rv ice s........................

24

-2.6
-3.5

-13.8
-15.8

21.9
27.4

4.9
6.2

11.2
12.0

33.5
40.5

17.4
18.1

-1.3

-5.4

-2.4

-2.5

18.0

5.4

0.0

-7.5
-8.6
-6.3
-2.7
1.9

-24.3
-29.9
-18.3
-8.8
-16.8

26.2
4.1
51.2
29.2
20.9

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

4.1
3.5
4.7
41.9
15.5

25
26
27
28
29
30
31
32

-3.0

-18.1

-24.7

14.7

-10.5

-0.3

-14.8

33
34

1.7
2.5

-1.5
-21.4

58.7
15.7

79.2
18.3

8.8
22.2

51.5
54.5

-20.5
37.9

35

-12.1

-32.4

231.3

52.0

12.1

69.9

16.2

36
37
38
39

-1.1
-1.4
-0.7
-9.6

-10.8
-14.1
-6.9
-7.0

6.1
-0.2
13.5
-5.4

19.2
18.8
19.6
4.2

7.7
18.5
-3.2
35.7

25.3
31.3
18.8
-24.2

20.2
20.0
20.4
4.2

Imports of services 1.................
Direct defense expenditures......
Travel...................................
Passenger fares......................
Other transportation................
Royalties and license fees.........
Other private services..............
Other...................................

40
41
42
43
44
45
46
47

2.4

-4.2

1.5

-0.5

7.8

4.3

14.1

-5.2
-1.7
-0.3
-7.5
0.2
10.8
-2.7

11.5
-2.1
-13.8
-15.9
-2.0
-3.6
7.2

-12.8
-2.9
39.1
-6.5
-18.8
6.7
-0.6

-16.5
-11.3
-28.1
3.5
36.3
6.0
13.1

9.0
3.0
0.2
33.4
60.9
0.7
-22.0

26.4
-6.4
-6.7
28.9
-17.4
5.8
0.6

24.4
27.4
43.8
16.9
2.0
4.9
5.8

Addenda:
Exports of durable g o o d s..........
Exports of nondurable g o o d s.....
Exports of agricultural g o o d s 2...
Exports of nonagricultural goods
Imports of durable goods...........
Imports of nondurable goods......
Imports of nonpetroleum goods ...

48
49
50
51
52
53
54

5.3
8.3
6.7
6.3
-3.9
-3.1
-3.7

-17.1
-2.3
-3.2
-12.8
-20.6
-9.4
-17.4

22.3
12.5
-5.4
21.5
33.3
20.4
27.2

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

3.3
3.6
13.0
2.6
14.7
22.8
13.5

1. Exports and imports of certain goods, primarily military equipment purchased and sold by the federal government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to
services.
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.




2009

2009

2010

III

IV

I

12.2

24.4

11.4

II

III

Percent change at annual rate:

Exports of services 1................
Transfers under U.S. military
agency sales contracts..........
Travel...................................
Passenger fares......................
Other transportation................
Royalties and license fees.........
Other private services..............
Other...................................

Im ports of g o od s 1....................
Foods, feeds, and beverages......
Industrial supplies and materials,
except petroleum and products
Durable go od s....................
Nondurable go od s...............
Petroleum and products...........
Capital goods, except automotive
Civilian aircraft, engines, and
parts.............................
Computers, peripherals, and
parts.............................
Other................................
Automotive vehicles, engines, and
parts.................................
Consumer goods, except
automotive.........................
Durable g o o d s....................
Nondurable go od s................
Other...................................

2008

III

Exports of go o d s and
se rv ice s........................

1

6.0

-9.5

2
3
4
5
6
7

4.41

-8.35

12.06

20.66

9.53

7.91

2.41

0.37
2.13
0.71
1.42
1.59

-0.26
-1.32
-0.89
-0.44
-3.75

-0.08
5.63
1.60
4.03
1.57

3.56
2.50
1.23
1.27
6.71

0.00
3.63
0.82
2.81
3.60

-2.12
3.45
2.23
1.22
4.34

0.81
-0.70
-0.68
-0.02
2.53

8

-0.15

-0.16

-0.48

1.05

-1.56

-0.29

1.04

9
10

0.13
1.60

-0.18
-3.41

0.48
1.56

0.60
5.07

0.51
4.65

0.47
4.16

0.33
1.17

11

-0.08

-2.24

4.87

3.34

1.92

1.14

-0.34

12
13
14
15

0.71
0.37
0.34
-0.32

-0.65
-0.85
0.21
-0.13

0.97
1.29
-0.31
-0.90

2.20
1.17
1.03
2.35

1.03
0.65
0.38
-0.64

-0.40
1.01
-1.41
1.49

0.54
0.18
0.37
-0.43

16

1.59

-1.17

0.12

3.70

1.84

1.21

2.57

17
18
19
20
21
22
23

-0.16
0.50
0.17
0.00
0.39
0.58
0.11

0.12
-0.65
-0.06
-0.35
-0.22
0.06
-0.07

0.94
-0.12
0.02
0.27
-1.07
0.21
-0.12

-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

-0.08
1.19
0.47
-0.02
0.35
0.55
0.11

24

-2.6

-13.8

21.9

4.9

11.2

33.5

17.4

25
26

-2.98

-13.15

21.54

5.04

9.81

32.50

15.03

-0.05

-0.20

-0.04

-0.10

0.68

0.32

0.04

27
28
29
30
31

-0.96
-0.57
-0.38
-0.45
0.33

-2.88
-1.82
-1.06
-1.39
-3.13

2.41
0.27
2.15
3.80
3.87

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

0.52
0.24
0.29
5.51
3.07

32

-0.04

-0.27

-0.43

0.20

-0.15

0.02

-0.19

33
34

0.07
0.31

-0.06
-2.80

2.37
1.94

2.98
2.02

0.45
2.46

2.45
6.02

-1.14
4.40

35

-1.27

-3.11

10.18

3.83

1.10

5.66

1.59

36
37
38
39

-0.22
-0.15
-0.06
-0.38

-2.17
-1.54
-0.63
-0.27

1.53
0.09
1.44
-0.21

1.69
1.94
-0.26
1.30

5.27
3.39
1.88
-1.01

4.10
2.18
1.92
0.20

40
41
42
43
44
45
46
47

0.37

-0.70

0.40

-0.11

1.40

0.95

2.40

-0.06
-0.05
0.00
-0.17
0.00
0.67
-0.01

0.13
-0.07
-0.18
-0.34
-0.02
-0.26
0.03

-0.21
-0.11
0.47
-0.12
-0.27
0.64
0.00

-0.27
-0.43
-0.42
0.06
0.39
0.48
0.07

0.13
0.10
0.00
0.59
0.64
0.06
-0.13

0.36
-0.20
-0.08
0.60
-0.23
0.50
0.01

0.30
0.81
0.49
0.36
0.03
0.39
0.03

9.1

5.0

Percentage points at annual rates:
Exports of g o od s 1....................
Foods, feeds, and beverages......
Industrial supplies and materials
Durable g o o d s....................
Nondurable g o o d s...............
Capital goods, except automotive
Civilian aircraft, engines, and
parts.............................
Computers, peripherals, and
parts.............................
Other.................................
Automotive vehicles, engines, and
parts..................................
Consumer goods, except
automotive.........................
Durable g o o d s....................
Nondurable g o o d s...............
Other....................................
Exports of services 1.................
Transfers under U.S. military
agency sales contracts..........
Travel....................................
Passenger fares......................
Other transportation.................
Royalties and license fee s.........
Other private services...............
Other....................................
Percent change at annual rate:
Imports of go od s and
se rv ic e s........................
Percentage points at annual rates:
Imports of go o d s 1....................
Foods, feeds, and beverages......
Industrial supplies and materials,
except petroleum and products
Durable g o o d s....................
Nondurable g o o d s...............
Petroleum and products............
Capital goods, except automotive
Civilian aircraft, engines, and
parts.............................
Computers, peripherals, and
parts.............................
Other.................................
Automotive vehicles, engines, and
parts.................................
Consumer goods, except
automotive.........................
Durable g o o d s....................
Nondurable g o o d s................
Other....................................
Imports of services 1.................
Direct defense expenditures......
Travel....................................
Passenger fares......................
Other transportation.................
Royalties and license fe e s.........
Other private services...............
Other....................................

3.76
1.93
1.84
0.15

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.

N ovem ber 2010

Su r v e y

of

C

urrent

D -3 7

B u s in e s s

Table 4.2.3. Real Exports and Imports of Goods and Services

Table 4.2.4. Price Indexes for Exports and Imports

by Type of Product, Quantity Indexes
[Index numbers, 2005=100]

of Goods and Services by Type of Product
[Index numbers, 2005=100]

Seasonally adjusted
Line

2008

2009

2009
III

Exports of goods and
services.............................
Exports of goods 1......................
Foods, feeds, and beverages...
Industrial supplies and
materials..........................
Durable go od s..................
Nondurable go o d s.............
Capital goods, except
automotive.......................
Civilian aircraft, engines, and
parts...........................
Computers, peripherals, and
parts...........................
Other.............................
Automotive vehicles, engines,
and parts........................
Consumer goods, except
automotive.......................
Durable go od s..................
Nondurable go ods.............
Other.................................

1

Seasonally adjusted

2010
IV

I

II

Line

12
13
14
15

132.475
140.481
123.231
108.907

133.321
137.502
128.718
116.831

Exports of services 1 ..................

16

123.095 118.303 117.933 120.822 122.533 123.708 126.292

Transfers under U.S. military
agency sales contracts.......
Travel.................................
Passenger fares....................
Other transportation..............
Royalties and license fees......
Other private services...........
Other.................................

17
18
19
20
21
22
23

68.519
118.892
123.727
91.987
132.947
135.327
121.982

79.562
105.933
118.913
78.584
127.266
135.924
113.285

103.162
104.512
121.307
79.021
121.213
135.293
111.061

68.607
106.436
113.963
82.866
138.305
138.502
109.926

24

106.113
105.189

91.418
88.615

92.752
90.324

Imports of goods and
services............................
Imports of goods 1......................
Foods, feeds, and beverages...
Industrial supplies and
materials, except petroleum
and products....................
Durable go od s..................
Nondurable g o o d s.............
Petroleum and products.........
Capital goods, except
automotive.......................
Civilian aircraft, engines, and
parts...........................
Computers, peripherals, and
parts...........................
Other.............................
Automotive vehicles, engines,
and parts........................
Consumer goods, except
automotive.......................
Durable go od s..................
Nondurable go od s.............
Other.................................

Imports of services 1...................
Direct defense expenditures....
Travel.................................
Passenger fares....................
Other transportation..............
Royalties and license fees......
Other private services...........
Other.................................

123.941

4 131.222 122.237 126.511 130.126 135.959 141.499 140.302
5 127.917 110.948 113.383 118.330 121.957 132.175 128.904
6 133.159 128.530 133.831 136.690 143.763 146.727 146.650
107.406 114.390 118.484 123.775 126.968

8 116.078 111.788 107.424 113.223 103.159 101.233 108.086
9 119.162 109.844 110.449 116.994 123.237 129.334 133.777
10 133.036 109.055 107.052 114.421 121.979 129.089 131.133
11 119.084

79.703

25
26 105.988 100.247

27
92.676
28
90.226
29
95.859
30 100.078
31

85.438

122.962 122.721
116.895 118.537
129.674 127.272
104.532 96.421

70.179
63.205
78.304
91.277

97.647 105.426 110.219 108.695
129.465
125.284
133.993
113.577

132.889
129.359
136.693
108.241

131.340
136.273
125.920
120.552

97.152

92.873

62.815

III

111.874 105.877 106.212 107.424 108.771 110.060 110.180

2 111.970 104.403 104.892 106.072 107.565 108.965 109.098
3 146.607 133.190 133.995 132.498 133.688 132.417 136.650
4 129.602 105.615 106.860 111.130 115.679 120.780 120.550
5 122.364 105.465 106.008 111.684 114.959 117.813 116.791
6 133.469 105.764 107.362 110.960 116.130 122.344 122.512
7

99.358

99.386

99.545

99.593

99.741

99.689

99.454

8 114.065 119.652 119.505 120.575 121.580 122.005 123.310
9
10

80.900
99.373

75.405
99.185

74.725
99.554

75.836
99.181

74.195
99.480

74.881
99.213

72.643
99.069

11

103.639 104.184 104.035 104.256 104.667 104.552 104.600

12
13
14
15

105.611
103.993
107.679
114.800

105.846
104.740
107.311
107.180

106.170
105.158
107.551
107.742

106.377
104.924
108.251
109.075

106.350
103.046
110.257
110.798

106.612
103.215
110.627
112.307

106.674
103.091
110.923
112.593

16

111.643 109.172 109.164 110.437 111.451 112.480 112.568

17
18
19
20
21
22
23

107.429
113.083
121.040
115.118
109.708
110.316
112.727

93.874
91.691

96.401 103.613 107.859
94.321 102.690 107.056

Imports of goods and
services...........................
Imports of goods 1......................

24

118.685 105.987 105.879 111.222 114.514 112.234 109.936

99.850

99.211

103.392 104.766 104.764

69.245
59.939
80.120
97.787

72.464
64.120
82.132
83.281

77.388
70.158
85.692
82.572

82.870 83.699
76.241
76.892
91.441
90.396
95.452 104.178

93.822

97.089

94.422

94.360

90.658

70.173

77.916

80.166

91.520

95.020

36 112.955 100.742 100.151 104.637 106.588 112.769 118.075
37 113.987 97.959 96.901 101.163 105.539 112.973 118.242
38 111.714 103.984 103.938 108.685 107.815 112.552 117.902
39 91.947 85.500 84.500 85.374 92.138 85.974 86.856
40 111.167 106.461 105.915 105.772 107.766 108.916 112.572
41
75.560 84.230 83.515 79.822
81.555 86.468 91.326
42 96.828 94.753 92.304 89.575 90.241
88.750 94.284
43 95.783 82.595 87.472
80.538 80.588 79.196 86.722
44 82.961
69.772 68.083 68.666 73.800 78.643 81.768
45 95.462 93.572
90.971
98.297 110.710 105.554 106.070
46 158.667 153.013 153.383 155.617 155.877 158.093 160.006
47
96.944 103.894 102.622 105.837 99.454 99.601 101.020

Foods, feeds, and beverages....
Industrial supplies and
materials, except petroleum
and products....................
Durable g o o d s.................
Nondurable g o o d s ............
Petroleum and products.........
Capital goods, except
automotive......................
Civilian aircraft, engines, and
parts..........................
Computers, peripherals, and
parts..........................
Other.............................
Automotive vehicles, engines,
and parts.........................
Consumer goods, except
automotive......................
Durable g o o d s.................
Nondurable g o o d s............
Other.................................

Imports of services 1..................
Direct defense expenditures...
Travel.................................
Passenger fares...................
Other transportation..............
Royalties and license fee s......
Other private services...........
Other.................................

108.405
108.384
105.968
109.143
109.566
109.554
112.687

108.461
109.070
102.182
108.335
109.647
109.847
111.631

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

109.869
112.583
127.616
112.888
110.906
111.473
117.898

25 119.603 104.908 104.680 110.650 114.497 111.653 109.033
26 123.313 119.547 118.847 121.299 125.014 128.725 130.525

27
28
29
30
31

128.383 104.555 101.763 108.628 115.671
130.449 109.987 111.226 117.310 122.633
92.697 100.046 108.436
125.518 98.862
189.493 116.302 117.777 151.436 172.189
99.018

96.638

96.516

96.302

96.167

116.200
127.602
105.102
149.107

114.955
124.955
105.102
131.470

95.857

95.703

32 115.956 122.356 123.162 124.009 124.825 124.898 125.800
78.067
75.972
33 82.621
78.061
77.338 76.896 76.716
34 103.623 101.339 101.055 101.032 100.984 100.578 100.655
35 103.969 104.762 104.925 105.380 105.068 105.238 105.708
104.277
103.758
104.917
113.820

40
41
42
43
44
45
46
47

113.921 110.711 111.179 113.650 114.351 114.813 114.152
124.583
119.382
130.012
104.513
109.730
111.907
113.205

103.890
102.723
105.286
110.922
120.298
112.056
120.290
96.231
109.553
112.839
108.468

103.755
102.751
104.966
110.250
122.918
115.981
112.783
93.801
109.640
113.614
109.890

103.913
102.948
105.082
111.112
127.988
118.796
124.846
96.687
110.165
114.442
111.700

104.203
102.711
105.971
112.415
126.660
118.974
130.594
99.081
110.644
114.537
112.397

104.292
102.417
106.514
113.310

103.934
101.246
107.128
113.648

36
37
38
39

119.537
118.653
140.742
102.166
110.660
114.512
112.976

112.798
119.186
134.893
103.918
110.899
114.123
113.623

Addenda:
48 127.390 105.658 105.523 113.456 117.690 124.085 125.086
49 127.773 124.782 125.302 133.351 136.892 134.661 135.870
50 123.782 119.801 115.550 129.793 134.290 121.767 125.539
51
52
53
54

127.962 111.564 112.086 119.476 123.437 128.403 129.217
106.968 84.904
85.757
91.699 95.804 104.797 108.456
102.462
92.827
95.624
90.934 91.754 99.294 104.532
106.056 87.632
88.308
93.235 96.736 103.859 107.203

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.




II

Transfers under U.S. military
agency sales contracts.......
Travel.................................
Passenger fares...................
Other transportation..............
Royalties and license fe e s......
Other private services...........
Other.................................

Addenda:
Exports of durable g o o d s.......
Exports of nondurable g o o d s....
Exports of agricultural g o o d s 2
Exports of nonagricultural
goods.............................
Imports of durable goods........
Imports of nondurable goods...
Imports of nonpetroleum goods

I

Exports of services 1..................

83.261
111.369
109.690
86.591
139.221
140.507
113.850

33 130.847 128.862 133.124 154.025 157.304 174.522 164.794
34 117.620 92.488 91.138 95.050 99.934 111.417 120.739
35

IV

81.508
117.218
117.607
86.370
141.451
141.897
117.242

79.290
111.275
111.207
84.948
136.244
139.253
116.267

120.750 100.488 100.084 107.326 111.259 122.917 127.416

32 118.600

1

2010

2009
III

Exports of goods and
services...........................
Exports of goods 1 .....................
Foods, feeds, and beverages....
Industrial supplies and
materials.........................
Durable g o o d s.................
Nondurable g o o d s............
Capital goods, except
automotive......................
Civilian aircraft, engines, and
parts..........................
Computers, peripherals, and
parts..........................
Other.............................
Automotive vehicles, engines,
and parts........................
Consumer goods, except
automotive......................
Durable g o o d s.................
Nondurable g o o d s............
Other.................................

7 128.510 109.611

2009

III

126.255 114.228 114.174 120.569 123.858 126.592 128.138
129.014

2 127.649 112.377 112.474 120.484 124.495 127.939
3 125.356 119.593 115.558 131.879 131.570 119.371

2008

Exports of durable goods.......
Exports of nondurable goods....
Exports of agricultural goods 2
Exports of nonagricultural
goods.............................
Imports of durable go ods.......
Imports of nondurable goods....
Imports of nonpetroleum goods

48 104.038 101.630 101.844 102.708 103.155 103.575 103.302
49 129.937 111.733 112.812 114.658 118.171 121.533 122.500
50 146.874 129.901 131.192 131.011 132.190 131.696 136.232
51
52
53
54

109.353
105.644
141.555
108.215

102.516
102.241
110.109
103.480

102.945
102.351
109.302
102.960

104.244
103.023
122.854
104.180

105.767
103.406
132.047
105.463

107.318
103.750
124.183
105.725

107.125
103.262
118.216
105.556

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.

D -3 8

N a tio n a l D a t a

N ovem ber 2010

Table 4.2.5. Exports and Imports of Goods and Services

Table 4.2.6. Real Exports and Imports of Goods and Services

by Type of Product
[Billions of dollars]

by Type of Product, Chained Dollars
[Billions of chained (2005) dollars]

Seasonally adjusted at annual rates
Line

2008

2009

2009
III

Exports of g o o d s and
se rv ice s...................
Exports of go o d s 1..............
Foods, feeds, and beverages.
Industrial supplies and
materials......................
Durable goods
Nondurable _
Capital goods, except
automotive.......................
Civilian aircraft, engines, and
parts...........................
Computers, peripherals, and
parts...........................
Other.............................
Automotive vehicles, engines,
and parts........................
Consumer goods, except
automotive.......................
Durable g o o d s..................
Nondurable go od s.............
Other.................................

1
2
3

Seasonally adjusted at annual rates

2010
IV

1,843.4 1,578.4 1,582.1 1,689.9
1,295.1 1,063.1 1,068.6 1,157.6

I

II

Line

1,757.8 1,817.9 1,842.1
1,213.0 1,262.8 1,274.9

108.3

93.9

91.3

103.0

103.7

93.2

99.9

4
5
6

386.9
128.6
258.3

293.7
96.2
197.5

307.1
98.6
208.4

328.5
108.4
220.0

357.2
115.0
242.2

388.2
127.8
260.4

384.2
123.5
260.6

7

457.7

390.5

383.2

408.3

423.6

442.3

452.6

8

74.0

74.8

71.7

76.3

70.1

69.0

74.5

9
10

43.9
339.8

37.7
278.0

37.6
273.9

40.4
291.7

41.6
311.9

44.1
329.2

44.3
333.9

11

121.5

81.7

87.5

100.2

108.6

113.4

111.9

12
13
14
15

161.3
90.7
70.6
59.4

150.0
76.0
74.0
53.2

150.2
77.4
72.8
49.3

158.7
81.6
77.2
58.8

162.9
82.7
80.2
56.9

161.4
87.3
74.1
64.3

163.9
88.0
75.9
62.5

Exports of services 1..............
Transfers under U.S. military
agency sales contracts.......
Travel.................................
Passenger fares...................
Other transportation..............
Royalties and license fees......
Other private services...........
Other.................................

16

548.3

515.3

513.6

532.3

544.8

555.1

567.1

17
18
19
20
21
22
23

13.3
110.0
31.4
43.7
93.9
238.9
17.0

15.6
93.9
26.4
35.4
89.8
238.3
15.8

20.2
93.2
26.0
35.3
85.6
237.8
15.4

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

16.2
107.9
31.5
40.2
101.0
253.1
17.1

Im ports of g o o d s and
se rv ices......................

24

2,553.8
2,148.8

25
26

1,964.7 1,990.5 2,116.3 2,237.6 2,357.1 2,403.5
1,587.8 1,613.8 1,731.8 1,843.5 1,957.2 1,992.5

Imports of go o d s 1.................
Foods, feeds, and beverages...
Industrial supplies and
materials, except petroleum
and products....................
Durable go o d s..................
Nondurable g o o d s.............
Petroleum and products.........
Capital goods, except
automotive.......................
Civilian aircraft, engines, and
parts...........................
Computers, peripherals, and
parts...........................
Other.............................
Automotive vehicles, engines,
and parts........................
Consumer goods, except
automotive.......................
Durable g o o d s..................
Nondurable go od s.............
Other.................................

36
37
38
39

484.7
264.9
219.8
94.5

430.7
225.4
205.3
85.6

427.6
223.0
204.6
84.1

447.5
233.3
214.2
85.6

457.1
242.8
214.3
93.5

484.0
259.2
224.8
87.9

505.0
268.2
236.9
89.1

Imports of services 1...............
Direct defense expenditures....
Travel.................................
Passenger fares....................
Other transportation..............
Royalties and license fees......
Other private services...........
Other.................................

40
41
42
43
44
45
46
47

405.0

376.9

376.6

384.5

394.1

400.0

411.0

28.3
79.7
32.6
53.7
25.8
173.7
11.2

30.5
73.2
26.0
41.6
25.2
168.9
11.5

30.9
73.8
25.8
39.5
24.5
170.4
11.6

30.8
73.4
26.3
41.1
26.7
174.2
12.1

31.1
74.0
27.5
45.2
30.1
174.6
11.5

31.1
72.6
29.2
49.7
28.7
177.1
11.5

31.0
77.5
30.6
52.6
29.0
178.6
11.8

48
49
50

828.2
466.9
118.0

671.0
392.1
101.0

671.4
397.2
98.3

728.0
429.6
110.3

758.4
454.6
115.2

802.9
459.9
104.0

807.2
467.7
110.9

51
52
53
54

1,177.1
1,158.7
990.1
1,671.2

962.1
890.1
697.7
1,320.4

970.2
899.8
714.1
1,323.8

1,047.3
968.4
763.4
1,414.2

1,097.8
1,015.5
827.9
1,485.4

1,158.7
1,114.6
842.6
1,598.7

1,164.0
1,148.1
844.5
1,647.6

Addenda:
Exports of durable g o o d s.......
Exports of nondurable go o d s....
Exports of agricultural goods 2
Exports of nonagricultural
goods.............................
Imports of durable goods........
Imports of nondurable goods...
Imports of nonpetroleum goods

89.0

81.6

80.8

81.9

88.0

91.8

93.1

27
28
29
30

316.5
160.1
156.4
477.6

195.2
94.6
100.6
267.4

187.2
90.7
96.6
290.1

209.2
102.3
106.8
317.6

237.9
117.0
120.8
358.1

255.9
132.4
123.5
358.5

255.7
130.7
125.0
344.9

31

455.2

369.7

367.8

393.6

407.4

448.6

464.3

32

35.4

30.6

29.8

31.0

30.3

30.3

29.4

33
34

100.9
318.9

93.9
245.3

97.1
241.0

111.3
251.3

113.0
264.1

125.1
293.2

117.0
318.0

35

231.2

157.6

176.2

196.4

201.5

230.4

240.3

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.




2008

2009

III

2009
III

Exports of go od s and
se rv ice s.....................
Exports of go o d s 1................
Foods, feeds, and beverages....
Industrial supplies and
materials.........................
Durable g o o d s.................
Nondurable g o o d s............
Capital goods, except
automotive......................
Civilian aircraft, engines, and
parts..........................
Computers, peripherals, and
p a rts2.........................
Other.............................
Automotive vehicles, engines,
and parts........................
Consumer goods, except
automotive......................
Durable g o o d s.................
Nondurable g o o d s............
Other.................................
Exports of services 1..............
Transfers under U.S. military
agency sales contracts......
Travel.................................
Passenger fares...................
Other transportation..............
Royalties and license fees......
Other private services...........
Other.................................
Residual................................
Imports of go o d s and
se rv ice s.....................
Imports of go o d s 1.................
Foods, feeds, and beverages....
Industrial supplies and
materials, except petroleum
and products....................
Durable g o o d s.................
Nondurable g o o d s............
Petroleum and products.........
Capital goods, except
automotive......................
Civilian aircraft, engines, and
parts..........................
Computers, peripherals, and
parts 2.........................
Other.............................
Automotive vehicles, engines,
and parts.........................
Consumer goods, except
automotive......................
Durable g o o d s.................
Nondurable g o o d s ............
Other.................................
Im ports of services 1..............
Direct defense expenditures...
Travel.................................
Passenger fares...................
Other transportation..............
Royalties and license fees......
Other private services...........
Other.................................
Residual................................
Addenda:
Exports of durable goods.......
Exports of nondurable goods....
Exports of agricultural goods 3
Exports of nonagricultural
go ods.............................
Imports of durable goods.......
Imports of nondurable goods....
Imports of nonpetroleum goods

1
2
3

2010
IV

I

II

III

1,647.7 1,490.7 1,490.0 1,573.5 1,616.4 1,652.1 1,672.3
1,156.6 1,018.2 1,019.1 1,091.7 1,128.0 1,159.2 1,169.0
73.9

70.5

68.1

77.8

77.6

70.4

73.1

4
5
6

298.5
105.1
193.5

278.1
91.2
186.8

287.8
93.2
194.5

296.0
97.3
198.6

309.3
100.2
208.9

321.9
108.6
213.2

319.2
105.9
213.1

7

460.6

392.9

385.0

410.0

424.7

443.6

455.1

8

64.9

62.5

60.0

63.3

57.7

56.6

60.4

9
10

341.9

280.3

275.1

294.1

313.5

331.8

337.0

11

117.2

78.4

84.1

96.1

103.7

108.5

107.0

12
13
14
15

152.7
87.2
65.6
51.7

141.8
72.6
69.0
49.7

141.5
73.6
67.7
45.8

149.3
77.8
71.3
54.0

153.2
80.3
72.7
51.4

151.4
84.6
67.0
57.3

153.7
85.4
68.5
55.5

16

491.1

472.0

470.5

482.0

488.9

493.6

503.9

17
18
19
20
21
22
23
24

12.4
97.3
25.9
38.0
85.6
216.6
15.1
1.5

14.4
86.7
24.9
32.4
82.0
217.5
14.0
7.8

18.7
85.5
25.4
32.6
78.1
216.5
13.8
7.0

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

14.7
95.9
24.7
35.7
91.1
227.1
14.5
1.8

25

2,151.7
1,796.6

26
27

1,853.8 1,880.8 1,903.6
1,513.5 1,542.7 1,566.1

1,954.8 2,101.1 2,187.2
1,611.0 1,753.9 1,828.5

72.2

68.3

68.0

67.6

70.4

71.3

71.3

28
29
30
31

246.5
122.7
124.6
252.1

186.7
86.0
101.8
229.9

184.2
81.5
104.2
246.3

192.8
87.2
106.8
209.7

205.9
95.4
111.4
208.0

220.5
103.7
117.5
240.4

222.7
104.6
118.9
262.4

32

459.7

382.6

381.1

408.6

423.6

468.0

485.1

33

30.5

25.0

24.2

25.0

24.3

24.3

23.3

34
35

307.8

242.0

238.5

248.7

261.5

291.6

315.9

36

222.4

150.4

168.0

186.6

192.0

219.1

227.5

37
38
39
40

464.8
255.3
209.5
83.0

414.6
219.4
195.0
77.2

412.2
217.1
194.9
76.3

430.6
226.6
203.8
77.1

438.6
236.4
202.2
83.2

464.1
253.1
211.1
77.6

485.9
264.9
221.1
78.4

41
42
43
44
45
46
47
48
49

355.5

340.5

338.7

338.3

344.6

348.3

360.0

22.7
66.8
25.0
51.4
23.5
155.2
9.9
-5.0

25.3
65.4
21.6
43.2
23.0
149.7
10.6
-0.2

25.1
63.7
22.9
42.2
22.4
150.0
10.5
0.8

24.0
61.8
21.1
42.5
24.2
152.2
10.8
-15.8

24.5
62.2
21.1
45.7
27.2
152.5
10.2
-20.2

26.0
61.2
20.7
48.7
26.0
154.6
10.2
-18.8

27.5
65.0
22.7
50.6
26.1
156.5
10.4
-13.7

50
51
52

796.0
359.3
80.3

660.2
350.9
77.7

659.4
352.4
75.0

708.9
375.0
84.2

735.4
385.0
87.1

775.4
378.7
79.0

781.6
382.1
81.5

53
54
55
56

1,076.4
1,096.8
699.4
1,544.3

938.5
870.6
633.7
1,276.0

942.9
879.3
652.8
1,285.9

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

1,087.0
1,112.1
713.6
1,561.0

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. The quantity index for computers can be used to accurately measure the real growth of this component. However,
because computers exhibit rapid changes in prices relative to other prices in the economy, the chained-dollar estimates
should not be used to measure the component’s relative importance or its contribution to the growth rate of more aggre­
gate series; accurate estimates of these contributions are shown in table 4.2.2 and real growth rates are shown in table
4.2.1.
3. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
Note. Chained (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.

N ovem ber 2 0 1 0

Su r v e y

C

of

urrent

B u s in e s s

D -3 9

5. Saving and Investment
Table 5.1. Saving and Investment by Sector
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

I

III

II

1,785.2
-64.0

1,533.8
-327.4

1,438.0
-410.3

1,562.5
-289.8

1,621.5
-230.9

1,674.3
-186.1

599.6
156.7
227.2
-44.1
-26.3
442.9
447.9
-5.0
-663.6
-616.2
-47.4

944.5
284.2
342.9
11.9
-70.6
660.3
655.3
5.0
-1,271.9
-1,251.7
-20.1

965.6
342.2
413.9
-8.7
-63.0
623.4
623.4
0.0
-1,375.9
-1,356.7
-19.2

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

1,054.8
443.0
649.4
-36.4
-169.9
611.8
611.8
0.0
-1,285.7
-1,314.2
28.6

1,152.9
480.1
654.2
-3.5
-170.7
672.8
672.8
0.0
-1,338.9
-1,354.7
15.8

14
15
16
17
18
19
20

1,849.2

1,861.1

1,848.3

1,852.2

1,852.4

1,860.4

1,871.4

1,536.9
1,244.5
292.4
312.3
119.8
192.6

1,535.8
1,245.2
290.6
325.3
124.3
200.9

1,523.1
1,234.3
288.8
325.1
124.7
200.5

1,525.5
1,234.7
290.8
326.8
125.9
200.8

1,522.8
1,231.1
291.7
329.6
127.3
202.3

1,527.4
1,236.9
290.5
333.0
128.8
204.2

1,534.9
1,243.0
291.9
336.5
130.3
206.3

21

1,921.8
2,592.2

1,712.9
2,092.6

1,666.9
2,057.0

1,737.6
2,138.2

1,785.7
2,230.7

1,855.0
2,347.4

2,411.5

2,096.7
1,570.1
526.6
495.5
145.3
350.3

1,589.2
1,176.5
412.7
503.4
152.4
351.0

1,548.5
1,138.6
409.8
508.5
155.7
352.8

1,637.7
1,225.7
412.0
500.5
158.1
342.4

1,739.7
1,337.2
402.6
491.0
160.8
330.2

1,841.8
1,423.6
418.2
505.6
168.2
337.4

1,896.1
1,503.0
393.1
515.3
172.1
343.3

G ross s a v in g ...............................................................................................

1

Net s a v in g .........................................................................................................
Net private saving.............................................................................................
Domestic business........................................................................................
Undistributed corporate profits......................................................................
Inventory valuation adjustment, corporate........................................................
Capital consumption adjustment, corporate......................................................
Households and institutions.............................................................................
Personal saving.........................................................................................
Wage accruals less disbursements.................................................................
Net government saving.......................................................................................
Federal...............
State and local......

2
3
4
5
6
7
8
9
10
11
12
13

Consum ption of fixed capital
Private...................
Domestic business........................................................................................
Households and institutions
Government......................
Federal.........................
State and local................
G ross domestic investment, capital account transactions, and net lending, N IP A s .

2010
IV

G ross domestic investment..................................................................................
Gross private domestic investment.......................................................................
Domestic business..........
Households and institutions
Gross government investment
Federal........................
State and local..............................................................................................

22
23
24
25
26
27
28

Capital account transactions ( n e t)1......................................................................
Private...........................................................................................................
Domestic b usiness..........
Households and institutions
Government......................
Federal.........................
State and local...............

29
30
31
32
33
34
35

Net lending or net borrowing (-), NIPAs
Private.............................
Domestic business..........
Households and institutions
Government......................
Federal........................
State and local..............................................................................................

36
37
38
39
40
41
42

-665.0

-380.3

-390.7

-401.3

-445.4

-493.0

247.3
18.4
228.9
-912.3
-755.2
-157.1

1,212.5
657.0
555.5
-1,592.7
-1,476.6
-116.1

1,248.7
730.4
518.3
-1,639.4
-1,530.1
-109.3

1,186.5
665.2
521.3
-1,587.8
-1,521.9
-65.9

1,096.0
573.8
522.1
-1,541.4
-1,483.6
-57.7

1,145.7
576.1
569.5
-1,638.6
-1,570.3
-68.4

-5.4

0.6

0.6

0.7

0.4

0.5

-70.9
-50.7
-20.2
65.4
113.5
-48.0

-142.2
-125.0
-17.3
142.8
196.8
-54.0

-79.6
-63.7
-15.9
80.2
142.5
-62.3

-116.9
-90.4
-26.4
117.6
179.4
-61.8

-94.0
-72.7
-21.3
94.4
135.9
-41.5

-126.6
-102.2
-24.3
127.1
176.1
-49.1

-169.5
631.0
631.0
0.0

43

136.6

179.1

228.9

175.2

164.2

180.7

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....

44
45
46
47
48
49
50
51
52
53
54
55
56

2,136.5
1,401.2
735.3
-351.3
-496.5
145.1
743.0
559.8
325.6
234.2
183.2
25.5
157.7

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

2,488.7
1,576.5
912.2
-1,050.7
-1,232.0
181.3
208.7
25.3
-95.7
121.0
183.4
31.0
152.4

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

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

2,680.3
1,716.9
963.4
-1,005.9
-1,225.9
220.0
487.1
314.4
186.8
127.6
172.6
39.4
133.2

540.0
361.2
260.0
101.2
178.8
41.8
137.0

G ross saving as a percentage o f g ross national in c o m e .

57

Net saving as a percentage of gross national in co m e .....

58

Disaster losses 2 .......................................................................
Private......
Domestic business..............................................
Households and institutions..................................
Government.
Federal....
State and local....................................................

59
60
61
62
63
64
65

12.4
-0.4
19.1

10.9
-2.3
0.0

10.2
-2.9
0.0

11.0
-2.0
0.0

11.2
-1.6
0.0

11.5
-1.3
0.0

0.0

19.1
10.8
8.3
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0
0.0
0.0

S tatistical d is c re p a n c y .

922.9

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.




D -4 0

N a tio n a l D a t a

N ovem ber 2010

Table 5.3.1. Percent Change From Preceding Period in Real Private Fixed Investment by Type
[Percent]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

2010
IV

I

II

III

Private fixe d in v e s tm e n t.......................................................................................................................

1

-6 .4

-18.3

0.7

-1 .3

3.3

18.9

0.8

N o n re sid e n tia l..................................................................................................................................................

2

0.3

-17.1

-1.7

-1 .4

7.8

17.2

9.7

S tru c tu re s .....................................................................................................................................................
Commercial and health care ......................................................................................
Manufacturing.......................
Power and communication.......
Mining exploration, shafts, and wells............................................................................
Other structures 1..................

3
4
5
6
7
8

5.9
-3.7
24.5
9.1
6.5
12.6

-20.4
-29.9
7.6
2.5
-35.5
-18.7

-12.4
-28.7
-20.1
47.0
-8.4
-30.1

-29.2
-34.8
-41.8
-19.3
-10.4
-37.5

-17.8
-28.5
-43.8
-33.7
93.4
-36.0

-0.5
-18.0
-18.3
-7.1
58.2
-16.0

3.9
-18.6
-33.7
10.6
59.1
-11.7

Equipm ent and s o ftw a re ............................................................................................................................
Information processing equipment and software..............................................................
Computers and peripheral equipment.......................................................................
Software 2 ..........................................................................................................
Other3..........
Industrial equipment.................................................................................................
Transportation equipment..........................................................................................
Other equipment4...................................................................................................

9
10
11
12
13
14
15
16

-2 .4
6.1
13.3
5.8
3.5
-4.2
-23.0
-3.7

-15.3
0.2
-1.5
1.7
-1.1
-23.3
-51.5
-22.3

4.2
14.7
23.1
7.1
22.3
-10.2
-11.2
-6.4

14.6
22.4
80.6
14.2
13.5
-3.0
40.2
-4.3

20.4
8.4
4.8
9.2
8.8
0.2
173.9
32.7

24.8
15.3
45.2
8.1
13.0
44.2
74.8
16.2

12.0
5.7
-4.5
8.5
6.9
7.3
42.1
21.6

17

-24.0

-22.9

10.6

-0 .8

-12.3

25.7

-29.1

S tru c tu re s .....................................................................................................................................................
Permanent site........................................................................................................
Single family....
20
Multifamily.....
Other structures 5

18
19
-37.2
21
22

-24.3
-33.7
-40.8
-12.1
-11.9

-23.2
-40.0

10.5
19.4

-1.1
-1.4
18.8
-60.1
-1.0

-12.8
1.2
19.3
-64.9
-20.7

26.2
13.5
22.4
-38.2
34.8

-29 .8
-27.8
-27.3
-32.1
-31.1

E quipm ent..............

23

-3 .5

-7.1

11.7

11.2

11.2

8.3

3.8

24
25
26
27
28

-10.2
-2.4
-9.4
5.9
-24.7

-21.6
-15.2
-22.5
-20.3
-25.6

-3.2
4.2
-5.8
-12.2
5.5

-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

-13.4
11.9
-6.3
3.9
-18.7

R e sid e n tia l..................

Addenda:
Private fixed investment in structures...............................................................................
Private fixed investment in equipment and software............................................................
Private fixed investment in new structures f
Nonresidential structures...................
Residential structures.......................

57.9
-36.7
-6.5

-56.4
5.4

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

2008

2009

2009
III

2010
IV

I

II

III

Percent change at annual rate:
1

-6.4

-18.3

0.7

N o nreside ntia l..................................................................................................................................................

2

0.21

-13.34

-1.33

S tru c tu re s ............................
Commercial and health care......................................................................................
Manufacturing..............
Power and communication.........................................................................................
Mining exploration, shafts, and wells............................................................................
Other structures 1...................

3
4
5
6
7
8

1.40
-0.30
0.48
0.32
0.39
0.51

-5.52
-2.58
0.21
0.11
-2.34
-0.92

-3.48
-2.55
-0.86
2.12
-0.41
-1.79

Equipment and softw are...............
Information processing equipment and software..............................................................
Computers and peripheral equipment........................................................................
Software2
....................................................................................................
Other3..........
Industrial equipment.................................................................................................
Transportation equipment..........................................................................................
Other equipment4...................................................................................................

9
10
11
12
13
14
15
16

-1.19
1.42
0.49
0.63
0.31
-0.37
-1.93
-0.32

-7.81
0.05
-0.06
0.21
-0.10
-2.14
-3.65
-2.07

2.15
4.23
0.96
1.04
2.23
-0.95
-0.52
-0.61

Private fixed in v e s tm e n t.......................................................................................................................

-1 .3

3.3

18.9

0.8

-1.11

6.03

13.92

7.50

-8.52
-2.88
-1.86
-1.19
-0.49
-2.10

-4.52
-2.05
-1.74
-2.14
3.18
-1.78

0.14
-1.07
-0.53
-0.35
2.67
-0.59

0.83
-1.06
-0.99
0.48
2.82
-0.42

7.41
6.51
2.96
2.08
1.47
-0.27
1.56
-0.40

10.55
2.70
0.25
1.43
1.02
0.02
5.25
2.59

13.79
5.10
2.17
1.34
1.59
3.48
3.62
1.58

6.67
1.84
-0.25
1.30
0.79
0.65
2.31
1.87

Percentage points at annual rates:

17

-6.58

-5.01

2.02

-0.18

-2.69

4.95

-6.68

S tru c tu re s ..
Permanent site........................................................................................................
Single family........................................................................................................
Multifamily..........................................................................................................
Other structures 5....................................................................................................

18
19
20
21
22

-6.56
-5.18
-4.92
-0.26
-1.38

-4.97
-4.27
-3.50
-0.77
-0.70

1.97
1.32
2.67
-1.35
0.65

-0.24
-0.12
1.10
-1.21
-0.12

-2.75
0.09
1.18
-1.09
-2.84

4.90
1.06
1.45
-0.39
3.84

-6.70
-2.35
-2.07
-0.28
-4.35

E quipm ent.....................................................................................................................................................

23

-0.02

-0.03

0.06

0.06

0.06

0.04

0.02

Addenda:
Private fixed investment in structures...............................................................................
Private fixed investment in equipment and software............................................................
Private fixed investment in new structures6.......................................................................
Nonresidential structures...................
Residential structures.......................

24
25
26
27
28

-5.16
-1.20
-4.41
1.38
-5.79

-10.50
-7.85
-10.28
-5.51
-4.77

-1.52
2.21
-2.55
-3.43
0.88

-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

-5.87
6.69
-2.46
0.84
-3.30

Residential

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.




N ovem ber 2010

S u r v e y o f C u r r e n t B u sin e ss

D -4 1

Table 5.3.3. Real Private Fixed Investment by Type, Quantity Indexes
[Index numbers, 2005=100]
Seasonally adjusted
Line

2008

2009

2009

2010
IV

III

I

III

II

Private fixed in v e s tm e n t.......................................................................................................................

1

94.096

76.835

76.447

76.198

76.826

80.219

80.383

N o n re sid e n tia l..................................................................................................................................................

2

115.532

95.804

95.216

94.879

96.677

100.592

102.957

S tru c tu re s .....................................................................................................................................................
Commercial and health care......................................................................................
Manufacturing..........................
Power and communication..........
Mining exploration, shafts, and wells
Other structures 1.....................

3
4
5
6
7
8

131.976
112.397
162.312
163.815
129.360
141.877

105.064
78.754
174.631
167.925
83.433
115.316

103.911
75.544
176.518
180.129
78.663
112.392

95.310
67.889
154.206
170.722
76.540
99.916

90.761
62.430
133.491
154.038
90.256
89.368

90.649
59.416
126.895
151.234
101.224
85.567

91.515
56.438
114.515
155.082
113.681
82.939

Equipm ent and so ftw a re ............................................................................................................................
Information processing equipment and software.............................................................
Computers and peripheral equipment...,
Software 2 .....................................
Other3...............................................................................................................
Industrial equipment
14
Transportation equipment..........................................................................................
Other equipment4..

9
10
11
12
13
15
16

108.681
125.136
159.060
116.907
122.185
107.896
78.698
99.177

92.035
125.368
156.682
118.929
120.829
82.784
38.207
77.020

91.716
126.613
155.815
119.562
123.527
80.998
37.676
74.954

94.895
133.164
180.635
123.600
127.510
80.385
41.000
74.133

99.408
135.861
182.749
126.350
130.239
80.422
52.744
79.571

105.067
140.775
200.624
128.839
134.286
88.127
60.651
82.614

108.085
142.723
198.348
131.480
136.536
89.684
66.223
86.753

17

57.324

44.220

44.185

44.092

42.670

45.177

41.455

S tru c tu re s ..................
Permanent site.......................................................................................................
Single family.......................................................................................................
Multifamily..........................................................................................................
Other structures 5....................................................................................................

18
19
20
21
22

56.818
45.063
41.115
78.370
76.933

43.638
27.025
24.324
49.595
71.926

43.601
26.540
24.497
44.016
72.645

43.476
26.444
25.577
34.990
72.464

42.007
26.520
26.732
26.926
68.392

44.520
27.376
28.115
23.876
73.694

40.745
25.236
25.962
21.672
67.145

E quipm ent.....

23

98.677

91.636

91.792

94.261

96.793

98.733

99.649

24
25
26
27
28

82.069
108.582
84.479
132.205
56.629

64.317
92.031
65.466
105.306
42.105

63.884
91.717
64.835
104.168
41.786

60.837
94.888
61.073
95.602
40.912

58.325
99.383
59.161
91.101
40.547

59.905
105.006
60.145
91.001
42.208

57.786
108.005
59.174
91.877
40.080

R e sid en tia l.....................

Addenda:
Private fixed investment in structures...............................................................................
Private fixed investment in equipment and software............................................................
Private fixed investment in new structures 6......................................................................
Nonresidential structures............
Residential structures................

1. 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

2008

2009

2009

2010

III

IV

I

II

III

Private fixed in ve stm e n t.......................................................................................................................

1

107.053

105.260

104.294

104.030

103.661

103.487

103.539

N o n re sid e n tia l..................................................................................................................................................

2

106.984

105.700

104.768

104.144

103.639

103.636

103.730

S tru c tu re s .....................................................................................................................................................
Commercial and health care......................................................................................
Manufacturing.........................................................................................................
Power and communication..........
Mining exploration, shafts, and wells
Other structures 1.....................

3
4
5
6
7
8

125.460
119.081
118.274
122.299
148.326
115.906

122.187
119.695
120.815
120.791
132.162
114.059

119.654
117.356
117.771
119.005
127.830
112.410

119.017
116.716
117.989
118.579
126.324
111.674

119.291
116.128
117.803
119.713
127.720
111.291

119.887
115.560
117.989
121.865
129.287
110.679

120.665
115.710
118.251
123.201
130.966
110.621

Equipm ent and so ftw a re ..................
Information processing equipment and software.............................................................
Computers and peripheral equipment.......................................................................
Software 2 ..........................................................................................................
Other3............
Industrial equipmenl
14
Transportation equipment..........................................................................................
Other equipment4...................................................................................................

9
10
11
12
13

99.620
89.062
64.734
100.364
88.358
113.766
109.977
112.772

99.344
88.653
64.049
99.755
88.345
113.741
110.986
112.223

98.721
88.285
63.072
99.973
87.661
114.098
105.729
112.063

97.954
87.923
62.638
99.700
87.249
114.362
101.206
110.841

97.764
87.583
61.989
99.538
86.909
114.891
100.648
110.947

97.651
87.243
61.392
99.256
86.681
115.234
100.440
111.508

15
16

100.083
92.470
70.639
101.916
92.483
112.440
102.921
108.232

R e sid e n tia l........................................................................................................................................................

17

106.361

102.736

101.637

102.712

102.869

102.030

101.907

S tru c tu re s .....
Permanent site.......................................................................................................
Single family.......................................................................................................
Multifamily..........................................................................................................
Other structures 5....................................................................................................

18
19
20
21
22

106.426
106.207
104.230
119.614
106.310

102.758
102.804
99.893
120.414
102.448

101.657
101.281
98.306
119.001
101.635

102.816
102.331
99.287
120.584
102.874

103.004
102.055
99.020
120.259
103.356

102.175
100.505
97.516
118.433
102.991

102.077
100.746
97.750
118.717
102.679

E quipm ent.....................................................................................................................................................

23

101.603

99.815

98.775

96.720

95.771

94.639

93.666

Addenda:
Private fixed investment in structures...............................................................................
Private fixed investment in equipment and software............................................................
Private fixed investment in new structures 6..
Nonresidential structures.....................
Residential structures...............................................................................................

24
25
26
27
28

114.014
100.097
115.499
125.641
107.759

110.622
99.622
112.275
122.394
104.411

108.800
99.339
110.273
119.845
103.044

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

109.470
97.614
111.253
120.875
104.087

'

1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers' commissions on the sale of structures.
2. Excludes software “embedded,”or bundled, in computers and other equipment.
3. Includes communication equipment, nonmedical instruments, medical equipment and instruments, photocopy and related equipment, and office and accounting equipment.
4. Consists primarily of furniture and fixtures, agricultural machinery, construction machinery, mining and oilfield machinery, service industry machinery, and electrical equipment not elsewhere classified.
5. Consists primarily of manufactured homes, improvements, dormitories, net purchases of used structures, and brokers’ commissions on the sale of residential structures.
6. Excludes net purchases of used structures and brokers’ commissions on the sale of structures.




D -4 2

N ovem ber 2010

N a tio n a l D a t a

Table 5.3.5. Private Fixed Investment by Type
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

2010
IV

I

II

III

Private fixed in v e s tm e n t.......................................................................................................................

1

2,137.8

1,716.4

1,691.8

1,681.9

1,689.8

1,761.4

1,765.9

N o n re sid e n tia l..................................................................................................................................................

2

1,665.3

1,364.4

1,343.8

1,330.9

1,349.6

1,404.2

1,438.5

S tru c tu re s .....................................................................................................................................................
Commercial and health c are......................................................................................
Manufacturing......................
Power and communication......
Mining exploration, shafts, and wells............................................................................
Other structures 1.................

3
4
5
6
7
8

582.4
181.9
57.4
90.5
147.9
104.8

451.6
128.1
63.1
91.6
85.0
83.8

436.6
120.2
62.1
96.9
77.0
80.4

398.2
107.4
54.4
91.5
74.1
71.0

380.1
98.2
47.0
83.3
88.3
63.3

381.5
93.0
44.7
83.3
100.2
60.2

387.7
88.5
40.5
86.3
114.0
58.4

Equipm ent and software
Information processing equipment and software..............................................................
Computers and peripheral equipment.......................................................................
Software 2 ..........................................................................................................
Other3.........
Industrial equipment.................................................................................................
Transportation equipment..........................................................................................
Other equipment4...................................................................................................

9
10
11
12
13
14
15
16

1,082.9
549.9
88.6
259.7
201.6
193.7
147.2
192.1

912.8
530.7
80.0
260.2
190.4
150.4
76.4
155.4

907.2
533.7
78.9
260.0
194.7
147.1
76.0
150.5

932.7
559.0
90.1
269.4
199.5
146.4
78.8
148.6

969.5
568.0
90.5
274.7
202.8
146.8
97.0
157.7

1,022.7
586.2
98.4
279.6
208.3
161.6
110.9
163.9

1,050.9
592.0
96.3
284.5
211.2
165.0
120.8
173.0

17

472.5

352.1

348.0

351.0

340.2

357.2

327.4

18

343.1
133.6
105.3
28.2
209.5

339.1
129.2
104.4
24.8
210.0

342.1
130.0
110.1
20.0
212.0

331.1
130.1
114.8
15.3
201.0

348.1
132.2
118.9
13.4
215.9

318.3
122.2
110.0
12.2
196.1

R e sid e n tia l.................
S tru c tu re s .............
Permanent site...
19
Single family...
20
Multifamily....
Other structures 5....................................................................................................

21
22

462.7
230.1
185.8
44.3
232.6

E qu ip m e nt.....................................................................................................................................................

23

9.8

8.9

8.9

8.9

9.1

9.1

9.1

Addenda:
Private fixed investment in structures...............................................................................
Private fixed investment in equipment and software............................................................
Private fixed investment in new structures 6.......................................................................
Nonresidential structures..................
Residential structures......................

24
25
26
27
28

1,045.1
1,092.7
982.8
581.9
400.9

794.7
921.7
740.3
451.5
288.8

775.7
916.1
719.4
436.6
282.8

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

705.9
1,060.0
662.3
388.3
274.0

1. Consists primarily of religious, educational, vocational, lodging, railroads, farm, and amusement and recreational structures, net purchases of used structures, and brokers’ commissions on the sale of structures.
2. 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

2008

2009

2010

2009
III

IV

II

I

III

Private fixed in v e s tm e n t.......................................................................................................................

1

1,997.0

1,630.7

1,622.4

1,617.1

1,630.5

1,702.5

1,706.0

N o n re sid e n tia l..................................................................................................................................................

2

1,556.6

1,290.8

1,282.9

1,278.3

1,302.6

1,355.3

1,387.2

S tru c tu re s .....................................................................................................................................................
Commercial and health care......................................................................................
Manufacturing.......................
Power and communication......
Mining exploration, shafts, and wells............................................................................
Other structures 1..................

3
4
5
6
7
8

464.2
152.8
48.5
74.0
99.7
90.4

369.6
107.0
52.2
75.8
64.3
73.5

365.5
102.7
52.8
81.3
60.6
71.6

335.3
92.3
46.1
77.1
59.0
63.7

319.3
84.9
39.9
69.6
69.6
57.0

318.9
80.8
37.9
68.3
78.0
54.5

321.9
76.7
34.2
70.0
87.6
52.9

Equipment and so ftw a re ............................................................................................................................
Information processing equipment and software..............................................................
Computers and peripheral equipment2.....................................................................
Software 3 ..........................................................................................................
Other4...................
Industrial equipment.....
Transportation equipment..........................................................................................
Other equipment5.......

9
10
11
12
13
14
15
16

1,082.0
594.7

916.3
595.8

913.1
601.8

944.7
632.9

989.7
645.7

1,046.0
669.1

1,076.1
678.3

254.9
217.9
172.2
143.0
177.5

259.3
215.5
132.2
69.4
137.8

260.7
220.3
129.3
68.5
134.1

269.5
227.4
128.3
74.5
132.7

275.4
232.3
128.4
95.8
142.4

280.9
239.5
140.7
110.2
147.8

286.6
243.5
143.2
120.3
155.2

R e sid e n tia l........................................................................................................................................................

17

444.2

342.7

342.4

341.7

330.7

350.1

321.3

S tru c tu re s .....................................................................................................................................................
Permanent site.......................................................................................................
Single family...
Multifamily....
Other structures 6....................................................................................................

18
19
20
21
22

434.7
216.7
178.2
37.1
218.8

333.9
129.9
105.4
23.5
204.5

333.6
127.6
106.2
20.8
206.6

332.7
127.1
110.9
16.6
206.1

321.4
127.5
115.9
12.7
194.5

340.7
131.6
121.9
11.3
209.6

311.8
121.3
112.5
10.3
190.9

E qu ip m e nt.............
Residual......................................................................................................................

23
24

9.7
-3.2

9.0
-22.3

9.0
-25.0

9.2
-38.8

9.5
-41.6

9.7
-46.9

9.7
-44.1

Addenda:
Private fixed investment in structures...............................................................................
Private fixed investment in equipment and software............................................................
Private fixed investment in new structures 7.......................................................................
Nonresidential structures...........................................................................................
Residential structures...............................................................................................

25
26
27
28
29

916.6
1,091.6
850.9
463.2
372.0

718.4
925.2
659.4
368.9
276.6

713.5
922.1
653.0
364.9
274.5

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

645.4
1,085.8
596.0
321.9
263.3

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. 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.
Note. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of
more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most detailed lines.




N ovem ber 2 0 1 0

S u r v e y o f C u r r e n t B u sin e ss

D -4 3

Table 5.6.5B. Change in Private Inventories by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

2010
IV

I

III

II

Change in private in v e n to rie s .............................................................................................................
Farm...........................................................................................................................
Mining, utilities, and construction........................................................................................
Manufacturing................................................................................................................
Durable goods industries..............................................................................................
Nondurable goods industries.........................................................................................
Wholesale trade...........
Durable goods industries..............................................................................................
Nondurable goods industries.........................................................................................
Retail trade................
Motor vehicle and parts dealers.....................................................................................
Food and beverage stores.............................................................................................
General merchandise stores.........................................................................................
Other retail stores.......................................................................................................
Other industries.............................................................................................................

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

-41.1
1.6
-11.0
-11.3
-5.9
-5.4
1.8
8.3
-6.5
-27.7
-12.1
-0.4
-3.2
-12.0
5.5

-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

-143.3
-0.7
-2.0
-37.1
-41.3
4.3
-68.2
-53.1
-15.1
-27.5
-3.9
-0.7
-4.8
-18.1
-7.9

-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

130.2
7.5
2.9
26.9
20.9
6.0
58.5
28.9
29.6
32.2
25.7
0.5
3.4
2.6
2.2

Addenda:
Change in private inventories.........................................................................................
Durable goods industries...........................................................................................
Nondurable goods industries......................................................................................
Nonfarm industries......................................................................................................
Nonfarm change in book value 1.................................................................................
Nonfarm inventory valuation adjustment2 .....................................................................
Wholesale trade.........................................................................................................
Merchant wholesale trade.
Durable goods industries........................................................................................
Nondurable goods industries...................................................................................
Nonmerchant wholesale trade....................................................................................

16
17
18
19
20
21
22
23
24
25
26

-41.1
-25.7
-15.4
-42.7
4.6
-47.4
1.8
0.5
6.3
-5.8
1.2

-127.2
-114.4
-12.8
-131.1
-152.7
21.6
-56.0
-45.2
-42.1
-3.0
-10.9

-143.3
-109.6
-33.7
-142.6
-134.6
-8.0
-68.2
-60.1
-44.7
-15.4
-8.1

-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

130.2
75.4
54.9
122.7
164.1
-41.4
58.5
44.3
21.0
23.2
14.3

1. This series is derived from the Census Bureau series “current cost inventories.”
2. The inventory valuation adjustment (IVA) shown in this table differs from the IVA that adjusts business incomes. The IVA in this table reflects the mix of methods (such as first-in, first-out and last-in, first-out) underlying inventories derived primarily
from Census Bureau statistics (see footnote 1). This mix differs from that underlying business income derived primarily from Internal Revenue Service statistics.
Note. 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

2008

2009

2009
III

2010
IV

I

III

II

Change in private in v e n to rie s .............................................................................................................
Farm........................
Mining, utilities, and construction........................................................................................
Manufacturing............
Durable goods industries..............................................................................................
Nondurable goods industries.........................................................................................
Wholesale trade.............................................................................................................
Durable goods industries..............................................................................................
Nondurable goods industries.........................................................................................
Retail trade...................................................................................................................
Motor vehicle and parts dealers.....................................................................................
Food and beverage stores.............................................................................................
General merchandise stores.........................................................................................
Other retail stores.......................................................................................................
Other industries.............................................................................................................
Residual......................................................................................................................

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

-37.6
1.0
-9.6
-12.3
-4.8
-7.3
2.0
7.2
-4.4
-25.2
-11.9
-0.3
-3.0
-10.3
5.2
0.6

-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

-128.2
-0.6
-1.8
-32.6
-37.9
4.1
-59.3
-48.8
-11.9
-25.5
-3.8
-0.6
-4.4
-16.3
-7.3
1.1

-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

115.5
5.9
2.6
23.9
18.6
5.5
51.1
25.9
24.7
29.3
24.4
0.4
3.1
2.4
2.0
0.0

Addenda:
Change in private inventories.........................................................................................
Durable goods industries...........................................................................................
Nondurable goods industries......................................................................................
Nonfarm industries............
Wholesale trade...............
Merchant wholesale trade.
Durable goods industries
Nondurable goods industries...................................................................................
Nonmerchant wholesale trade.....................................................................................

17
18
19
20
21
22
23
24
25

-37.6
-23.4
-14.7
-39.0
2.0
1.7
5.5
-3.3
0.4

-113.1
-106.7
-9.6
-116.9
-48.9
-39.5
-38.8
-2.1
-9.5

-128.2
-102.1
-28.5
-127.7
-59.3
-52.3
-41.0
-12.3
-6.9

-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

115.5
68.2
48.3
109.9
51.1
38.8
18.8
19.4
12.3

Note. 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

N a tio n a l D a t a

N ovem ber 2010

Table 5.7.5B. Private Inventories and Domestic Final Sales by Industry
[Billions of dollars]
Seasonally adjusted quarterly totals
Line

2009
III

1
2
3
4

2010
IV

I

II

III

13
14
15

1,886.7
174.6
85.8
576.1
324.6
251.5
440.1
242.2
197.9
461.4
133.8
41.3
77.5
208.9
148.7

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

2,042.7
220.5
87.7
602.8
340.8
262.0
489.2
254.2
234.9
490.3
154.3
42.3
80.8
212.9
152.2

Addenda:
Private inventories.......................................................................................................
Durable goods industries..........................................................................................
Nondurable goods industries.....................................................................................
Nonfarm industries......................................................................................................
Wholesale trade.............
Merchant wholesale trade.........................................................................................
Durable goods industries.......................................................................................
Nondurable goods industries..................................................................................
Nonmerchant wholesale trade....................................................................................

16
17
18
19
20
21
22
23
24

1,886.7
786.0
1,100.7
1,712.1
440.1
386.7
217.8
169.0
53.4

1,922.8
778.5
1,144.3
1,744.0
449.5
393.8
214.5
179.3
55.7

1,954.7
794.0
1,160.7
1,766.0
458.0
398.7
218.4
180.4
59.2

1,952.6
811.4
1,141.2
1,766.5
461.1
400.8
220.8
180.1
60.3

2,042.7
830.2
1,212.5
1,822.2
489.2
423.5
226.4
197.1
65.7

Final sales o f dom estic business 2 ....................................................................................................

25

782.9

786.6

790.1

795.9

801.8

Final sales o f goods and structures o f dom estic business 2......................................................

26

408.5

407.7

408.5

410.2

412.0

Ratios o f private inventories to final sales o f dom estic business:
Private inventories to final sales..................................................................................
Nonfarm inventories to final s a le s................................................................................
Nonfarm inventories to final sales of goods and structures................................................

27
28
29

2.41
2.19
4.19

2.44
2.22
4.28

2.47
2.23
4.32

2.45
2.22
4.31

2.55
2.27
4.42

Private inventories 1 ..............................................................................................................................
Farm...........................................................................................................................
Mining, utilities, and construction.......................................................................................
Manufacturing....................
Durable goods industries....
5
Nondurable goods industries.........................................................................................
Wholesale trade............................................................................................................
Durable goods industries....
8
Nondurable goods industries.........................................................................................
Retail trade.......................
Motor vehicle and parts dealers.....................................................................................
Food and beverage stores..
12
General merchandise stores..........................................................................................
Other retail stores............
Other industries.............................................................................................................

6
7
9
10
11

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.
Note. Estimates in this table are based on the North American Industry Classification System (NAICS).

Table 5.7.6B. Real Private Inventories and Real Domestic Final Sales by Industry, Chained Dollars
[Billions of chained (2005) dollars]
Seasonally adjusted quarterly totals
Line

2009
III

1
2
3

2010
IV

I

II

III

6
7
8
9
10
11
12
13
14
15
16

1,711.3
158.7
81.8
513.7
295.9
217.4
388.0
222.5
164.8
430.4
131.9
36.3
71.0
190.3
137.0
3.7

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

1,759.3
165.6
77.0
522.9
303.3
219.1
409.7
227.6
180.4
444.9
146.7
35.7
72.6
189.8
137.0
4.5

Addenda:
Private inventories.......................................................................................................
Durable goods industries..........................................................................................
Nondurable goods industries.....................................................................................
Nonfarm industries..........
Wholesale trade.............
Merchant wholesale trade..........................................................................................
Durable goods industries.......................................................................................
Nondurable goods industries..................................................................................
Nonmerchant wholesale trade....................................................................................

17
18
19
20
21
22
23
24
25

1,711.3
730.0
978.2
1,552.1
388.0
340.4
199.6
140.2
47.6

1,702.2
716.1
982.3
1,541.4
385.9
338.8
194.3
143.2
47.1

1,713.2
722.2
987.3
1,550.5
389.2
340.3
195.8
143.4
48.8

1,730.4
734.7
992.2
1,565.8
397.0
345.0
197.5
146.2
51.9

1,759.3
751.8
1,004.3
1,593.3
409.7
354.6
202.2
151.1
55.0

Final sales of dom estic business 2 ....................................................................................................

26

726.6

732.2

734.7

735.1

735.0

Final sales o f g oods and stru ctu re s o f d om estic business 2......................................................

27

388.8

393.2

396.3

395.4

392.4

Ratios o f private inventories to fin al sales of dom estic business:
Private inventories to final sales.....................................................................................
Nonfarm inventories to final sa le s...................................................................................
Nonfarm inventories to final sales of goods and structures....................................................

28
29
30

2.36
2.14
3.99

2.32
2.11
3.92

2.33
2.11
3.91

2.35
2.13
3.96

2.39
2.17
4.06

Private inventories 1 ..............................................................................................................................
Farm...........................................................................................................................
Mining, utilities, and construction.......................................................................................
Manufacturing....................
4
Durable goods industries....
5
Nondurable goods industries..........................................................................................
Wholesale trade................
Durable goods industries....
Nondurable goods industries..........................................................................................
Retail trade.......................
Motor vehicle and parts dealers.....................................................................................
Food and beverage stores..
General merchandise stores..........................................................................................
Other retail stores.......................................................................................................
Other industries.............................................................................................................
Residual......................................................................................................................

1. Inventories are as of the end of the quarter. The quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the change in private inventories component of GDP is stated at annual rates.
2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross output of general government, gross value added of nonprofit institutions, compensation paid to domestic
workers, and imputed rental of owner-occupied nonfarm housing. It includes a small amount of final sales by farm and by government enterprises.
Note. Estimates in this table are based on the North American Industry Classification System (NAICS).
Chained (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.




N ovem ber 20 1 0

S u r v e y o f C u r r e n t B u sin e ss

D -4 5

Table 5.7.9B. Implicit Price Deflators for Private Inventories by Industry
[Index numbers, 2005=100]
Seasonally adjusted
Line

2009
III

Private inventories 1 ..............................................................................................................................
Farm...........................................................................................................................
Mining, utilities, and construction.......................................................................................
Manufacturing................
Durable goods industries
Nondurable goods industries........................................................................................
Wholesale trade.............
Durable goods industries
Nondurable goods industries........................................................................................
Retail trade....................
Motor vehicle and parts dealers.....................................................................................
Food and beverage stores
12
General merchandise stores.........................................................................................
Other retail stores.......................................................................................................
Other industries.............................................................................................................
Addenda:
Private inventories......................................................................................................
Durable goods industries..........................................................................................
Nondurable goods industries.....................................................................................
Nonfarm industries......
Wholesale trade..........
Merchant wholesale trade.........................................................................................
Durable goods industries.......................................................................................
Nondurable goods industries..................................................................................
Nonmerchant wholesale trade....................................................................................
1. Implicit price deflators are as of the end of the quarter and are consistent with inventory stocks.
N ote. Estimates in this table are based on the North American Industry Classification System (NAICS).




1
2
3
4
5
6
7
8
9
10
11

2010
IV

II

I

III

13
14
15

110.247
110.010
104.852
112.151
109.695
115.691
113.419
108.860
120.134
107.194
101.404
113.723
109.095
109.757
108.529

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

116.108
133.128
113.972
115.274
112.387
119.552
119.382
111.675
130.228
110.197
105.179
118.396
111.210
112.205
111.124

16
17
18
19
20
21
22
23
24

110.247
107.663
112.525
110.306
113.419
113.593
109.108
120.546
112.218

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

116.108
110.432
120.728
114.368
119.382
119.403
111.942
130.460
119.428

N ovem ber 2010

N a tio n a l D a t a

D -4 6

6. Income and Employment by Industry
Table 6.1 D. National Income Without Capital Consumption Adjustment by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009

2010

National incom e w ith o u t capital co nsum ption adjustm ent..

12,444.2

12,173.0

12.144.1

12,354.4

12,706.6

12,818.4

Dom estic in d u s trie s ...................................................................................

12,269.7

12,026.8

11,976.9

12,188.8

12,515.4

12,623.1

Private in d u s trie s ........................................................................................
Agriculture, forestry, fishing, and hunting..................................
Mining...............................................................................
Utilities...
Construction.......................................................................
Manufacturing.....................................................................
Durable go o d s.................................................................
Nondurable g o od s............................................................
Wholesale trade..................................................................
Retail trade................
Transportation and warehousing.............................................
Information........................................................................
Finance, insurance, real estate, rental, and leasing.....................
Professional and business services 1.......................................
Educational services, health care, and social assistance..............
Arts, entertainment, recreation, accommodation, and food services.
Other services, except government..........................................

10,726.9
119.0
253.6
181.4
626.1
1,330.6
755.3
575.3
756.6
834.0
364.4
442.3
2,061.8
1,737.1
1,184.9
475.3
359.8

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

10.375.1
96.5
182.7
174.8
511.1
1.199.3
680.3
519.0
695.4
804.9
332.0
424.4
2,235.9
1.659.3
1.251.4
454.1
353.3

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

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

10,990.0
110.0
232.9
189.7
508.5
1,347.8
785.7
562.1
745.5
856.5
370.6
458.6
2,306.3
1,740.6
1,298.5
465.8
358.8

G ove rn m e n t..................................................................................................

1,542.8

1.597.2

1,601.7

1,606.6

1.623.5

1,633.1

174.5

146.3

167.2

165.5

191.2

195.3

Rest o f the w o r ld .

1. Consists of professional, scientific, and technical services; management of companies and enterprises; and administrative and waste management services.
Note. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).

Table 6.16D. Corporate Profits by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009
III

2010
IV

I

II

III

C orporate p ro fits w ith inventory valuation and capital co nsum ption a dju stm e nts...............

1

1,262.8

1,258.0

1,297.5

1,418.2

1,566.6

1,614.1

Dom estic in d u s trie s ........................................................................................................................................
Financial 1...
Nonfinancial.

2
3
4

851.5
128.0
723.5

905.7
242.4
663.3

933.2
286.1
647.1

1,055.7
332.4
723.2

1,178.1
337.6
840.4

1,222.7
334.2
888.6

Rest o f the w orld

5
fi
7

411.3
571.8
160.5

352.3
480.6
128.3

364.2
487.8
123.6

362.6
529.1
166.5

388.5
561.4
172.9

391.3
557.5
166.1

Corporate p ro fits w ith inventory valuation a d ju stm e n t.................................................................

8

1,289.1

1,328.6

1,360.5

1,481.2

1,736.5

1,784.7

D om estic in d u s trie s ........................................................................................................................................
Financial....
Federal Reserve banks.............................................................................................
Other financial2 ......................................................................................................
Nonfinancial.
Utilities...
.....................................................
Manufacturing.........................................................................................................
Durable go od s.....................................................................................................
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 go ods................................................................................................
Food and beverage and tobacco products..............................................................
Petroleum and coal products................................................................................
Chemical products............................................................................................
Other nondurable goods 4...................................................................................
Wholesale trade..........
Retail trade................
Transportation and warehousing.................................................................................

9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
'•11
3?

877.8
139.9
35.1
104.9
737.9
28.3
183.7
51.4
16.6
15.6
8.9
3.6
-34.6
41.3
132.3
28.4
78.2
22.2
3.4
84.0
75.0
28.1
75.2
263.6

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

996.2
300.2
49.2
251.0
696.0
22.4
151.8
55.0
14.4
11.4
12.9
5.6
-11.9
22.5
96.7
38.1
8.1
38.8
11.7
70.8
101.3
22.0
81.3
246.6

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

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

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

33

411.3

352.3

364.2

362.6

388.5

391.3

1. Consists of finance and insurance and bank and other holding companies.
2. Consists of credit intermediation and related activities; securities, commodity contracts, and other financial investments and related activities; insurance carriers and related activities; funds, trusts, and other financial vehicles; and bank and other
holding companies.
3. Consists of wood products; nonmetallic mineral products; primary metals; other transportation equipment; furniture and related products; and miscellaneous manufacturing.
4. Consists of textile mills and textile product mills; apparel; leather and allied products; paper products; printing and related support activities; and plastics and rubber products.
5. Consists of agriculture, forestry, fishing, and hunting; mining; construction; real estate and rental and leasing; professional, scientific, and technical services; administrative and waste management services; educational services; health care and
social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except government.
Note. Estimates in this table are based on the 2002 North American Industry Classification System (NAICS).




N ovem ber 2 0 1 0

S u r v e y o f C u r r e n t B u sin e ss

D -4 7

7. S upplem ental Tables

Table 7.1. Selected Per Capita Product and Income Series in Current and Chained Dollars
[Dollars]
Seasonally adjusted at annual rates
Line

2008

2009

2009

Current dollars:
Gross domestic product...............................................................................................
Gross national product
Personal income.......
Disposable personal income.........................................................................................
Personal consumption expenditures................................................................................
Goods...................................................................................................................
Durable go od s...
Nondurable go ods................................................................................................
Services................................................................................................................
Chained (2005) dollars:
Gross domestic product...............................................................................................
Disposable personal income.........................................................................................
Personal consumption expenditures................................................................................
G o ods..........................
Durable go od s............
Nondurable go od s.......
Services.......................
Population (midperiod, thousands).....................................................................................

2010
IV

III

I

II

III

1
2
3
4
5
6
7
8
9

47,138
47,710
40,649
35,931
33,148
11,087
3,554
7,532
22,061

45,918
46,394
39,595
35,888
32,526
10,507
3,338
7,169
22,019

45,855
46,398
39,517
35,888
32,619
10,643
3,395
7,248
21,976

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
40,274
36,602
33,208
10,905
3,468
7,437
22,304

40,392
36,657
33,425
10,981
3,492
7,489
22,444

47,449

10
11
12
13
14
15
16
17
18

43,397
43,922
32,946
30,394
10,433
3,728
6,696
19,953
304,831

41,890
42,327
32,847
29,770
10,139
3,560
6,561
19,619
307,483

41,781
42,278
32,746
29,763
10,195
3,633
6,552
19,559
307,815

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
33,009
29,948
10,405
3,738
6,662
19,544
309,724

32,976
30,069
10,453
3,786
6,668
19,618
310,442

42,715

Table 7.2.1 B. Percent Change from Preceding Period in Real Motor Vehicle Output
[Percent]
Seasonally adjusted at annual rates
Line

2008

2009

2009

Motor vehicle o u tp u t.........................................................................................................................
Auto output......................................................................................................
Truck output.....................................................................................................

1
2
3

Final sales o f dom estic pro du ct...................................................................................................................
Personal c onsum ption 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).................................................................

2010
IV

III

I

145.5
65.6
214.6

13.7
21.4
9.3

III

II
42.3
69.7
27.5

-2.7
-18.2
8.4

21.2
-33.8
67.1

-18.6
-7.0
-25.5

-24.7
-33.0
-18.5

4

-17.9

-19.2

9.6

-16.6

45.4

-4.1

4.4

5
6
7
8
9
10
11

-15.0
-19.5
-10.4
-25.9
-6.1
-5.6
-6.5

-6.9
-11.5
-16.6
-7.1
1.3
-5.1
6.6

52.0
109.5
259.6
35.7
-9.7
-6.2
-12.2

-24.6
-31.8
-57.2
-0.4
-10.6
-4.0
-15.3

-3 .8
-6.6
-12.3
-2.2
0.9
0.4
1.2

6.3
10.8
-15.8
33.2
-0.5
-9.4
6.8

0.5
-2.5
0.1
-4.0
5.3
4.4
5.9

Private fixed in v e s tm e n t............................................................................................................................
New motor vehicles..................................................................................................
Autos................................................................................................................
Trucks................................................................................................................
Light trucks (including utility vehicles)....................................................................
Other.............................................................................................................
Net purchases of used autos and used light trucks..........................................................
Used autos.........................................................................................................
Used light trucks (including utility vehicles).................................................................

12
13
14
15
16
17
18
19
20

-30.6
-20.6
-14.0
-24.7
-24.8
-24.5
-0.5
2.6
-3.3

-61.7
-33.4
-26.9
-38.0
-39.4
-33.5
8.6
2.3
14.5

-26.0
31.8
18.2
44.4
44.1
45.0
83.6
34.3
137.2

216.0
52.0
54.1
50.3
44.2
69.9
2.5
72.1
-34.4

377.2
42.7
63.0
27.4
37.1
1.9
-38.1
-40.7
-35.6

113.6
20.0
7.2
32.0
43.9
-0.7
-31.4
-46.0
-15.1

41.8
24.0
2.2
44.5
42.5
51.4
6.5
-13.2
25.7

Gross governm ent investm ent.................................................................................................................
Autos....................................................................................................................
Trucks...................................................................................................................

21
22
23

2.2
-5.7
4.5

-20.0
-18.6
-20.4

46.1
55.4
43.6

-22.9
-11.0
-26.0

-32.3
-46.4
-27.9

78.3
171.8
59.0

14.2
-23.2
27.2

Exports.................................................................................................................
Autos................................................................................................................
Trucks................................................................................................................
Imports.................................................................................................................
Autos................................................................................................................
Trucks................................................................................................................

?4
2b
26
27
28
29
30

6.4
16.7
-4.8
-11.7
-0.8
-22.0

-39.2
-44.2
-32.5
-34.5
-29.1
-40.9

160.7
145.4
178.9
269.7
300.5
228.4

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
-7.5
-15.5
9.9
62.6
-35.4

-18.9
-20.0
-4.4
-10.4

-21.3
-33.4
-40.9
-16.5

38.6
29.7
247.3
99.1

-9.2
49.3
58.4
-32.5

23.4
50.3
8.8
29.4

24.7
23.3
14.5
-2.1

8.9
20.5
-5.5
8.0

31

V
33
34
3S
38
37
38
39
40
41
Addenda:
Final sales of motor vehicles to domestic purchasers..........................................................
Private fixed investment in new autos and new light trucks....................................................
Domestic output of new au to s2 .....................................................................................
Sales of imported new autos 3.......................................................................................

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.




D -4 8

N a t io n a l D a t a

Table 7.2.3B. Real Motor Vehicle Output, Quantity Indexes
[Index numbers, 2005=100]

N ovem ber 20 1 0

Table 7.2.4B. Price Indexes for Motor Vehicle Output
[Index numbers, 2005=100]

Seasonally adjusted
Line

2008

2009

2009

Seasonally adjusted
Line

2010

III

IV

I

II

2008

2009

III

2009
III

2010
IV

I

II

III

M otor vehicle o u tp u t......
Auto output...............
Truck output..............

1
2
3

80.384
93.832
72.682

60.568
62.905
59.266

66.657
67.468
66.204

68.836
70.822
67.694

75.184
80.831
71.937

74.677
76.874
73.405

78.361
69.338
83.454

Motor vehicle o u tp u t.....
Auto output...............
Truck output..............

1
2
3

96.481
98.347
95.374

97.984
99.990
96.785

98.580 100.074
99.918 100.265 100.282
99.824 101.879 101.543 101.430 100.810
99.054 99.005 99.632
97.869
99.982

Final sales o f d om estic product

4

81.931

66.201

67.403

64.421

70.738

70.009

70.766

Final sales of dom estic product

4

96.494

98.055

98.687

Personal consu m p tion
exp e n d itu re s ........................
New motor vehicles...........
Autos..........................
Light trucks (including
utility vehicles)...........
Net purchases of used autos
and used light trucks......
Used autos..................
Used light trucks
(including utility
vehicles)..................

77.640
67.926
73.285

82.996
75.946
89.521

77.333
69.025
72.423

76.596
67.862
70.086

77.767
69.630
67.142

83.389
76.757
87.900

8

69.341

64.428

66.892

66.828

66.457

71.394

70.663

97.989
90.487

99.272
85.912

98.374
84.847

95.646
83.989

95.852
84.083

95.740
82.023

96.982
82.912

9
10

11

105.307 112.286

111.543 106.999

107.314 109.092 110.675

12
13
14
15

68.035
81.892
91.636
76.224

26.089
54.524
66.992
47.265

23.802
55.644
68.432
48.195

31.736
61.783
76.243
53.363

46.905
67.525
86.142
56.694

56.705
70.670
87.659
60.769

61.884
74.576
88.133
66.622

16
17

82.802
59.633

50.179
39.659

51.788
39.011

56.747
44.540

61.407
44.747

67.262
44.664

73.488
49.540

18 114.604 124.472
19 109.481 111.991

134.795 135.620 120.272
115.388 132.160 115.954

109.462
99.409

111.207
95.949

20 119.802 137.171

154.579 139.126 124.652 119.667 126.701

Private fixe d in v e s tm e n t.......
New motor vehicles...........
Autos..........................
Trucks.........................
Light trucks (including
utility vehicles).......
Other......................
Net purchases of used autos
and used light trucks......
Used autos..................
Used light trucks
(including utility
vehicles)..................
G ross governm ent
in vestm ent............................
Autos.............................
Trucks............................

21 115.340
22 103.983
23 118.709

92.217
84.660
94.452

81.028
73.184
83.321

93.634
93.966
93.563

Net e xpo rts................................
Exports..........................
Autos.........................
Trucks.........................
Imports..........................
Autos.........................
Trucks.........................

?4
2b 144.791
26 179.117
27 115.220
28
93.760
29 108.106
30
80.788

93.664 108.782 118.823
88.096
99.929 106.239 122.875 130.049
77.803
82.728 96.515 108.950
61.443
70.024 77.347
74.877
84.106
76.635
89.539 94.956
66.492
47.730 52.426
61.463

121.311
132.066
111.828
91.011
106.388
77.120

Change in private in v e n to rie s ...
Autos................................

Foreign.......................

Domestic....................

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

77.866
69.196
67.153

5
6
7

95.330
88.066
97.470

89.332
85.528
90.416

99.688 100.073

100.144

b 96.507
95.952
96.319
98.966 100.025 100.713 101.260
6 96.765
97.784
98.035
99.754
99.401
99.599 100.148
7 100.018 100.991 100.789 102.678 102.124 101.984 102.110
8

94.456

9
10

96.103
95.867

11

96.306

12 100.432
13 99.104
14 100.020
15 98.553

95.514

96.074

97.688

93.008
92.812

93.521
93.052

97.677 100.961 102.426 102.968
97.245 100.713 101.954 101.249

97.474

97.887

98.694

93.178

93.901

98.036 101.180 102.812 104.269

18
19

96.301
96.349

91.078
91.488

90.437
91.036

97.219 101.469 102.878
97.594 101.713 103.176

20

96.258

90.716

89.915

96.889 101.264 102.624 104.615

96.798
87.973
99.355

Gross governm ent
in vestm en t............................
Autos.............................
Trucks ............................

21 104.928 108.782 109.436 109.399 108.414 108.745 110.175
22 105.161 111.414 113.053 111.570 107.200 106.157 107.325
23 104.865 108.089 108.486 108.849 108.778 109.490 110.994

117.627
129.507
107.207
93.195
120.131
69.147

Net e x p o rts ................................
Exports..........................
Autos..........................
Trucks.........................
Imports...........................
Autos..........................
Trucks.........................

?4
2b
26
27
28
29
30

11

Change in private inventories. ..
Autos.................................
New...............................
Foreign........................

Foreign........................

79.898

62.898

65.878

64.314

67.784

71.625

73.176

43
86.819
44
92.974
45 103.009

57.815
54.951
86.005

59.349
63.294
95.738

65.601
71.006
86.788

72.633
72.524
92.563

76.537
75.019
92.062

80.183
73.960
93.843

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.




99.962

Private fixe d investm ent.........
New motor vehicles...........
Autos..........................
Trucks........................
Light trucks (including
utility vehicles).......
Other.......................
Net purchases of used autos
and used light trucks.......
Used autos..................
Used light trucks
(including utility
vehicles)..................

33
34
3S
36
37
38
39
40
41

42

Personal consum ption
e xp e n d itu re s ........................
New motor vehicles...........
Autos..........................
Light trucks (including
utility vehicles)..........
Net purchases of used autos
and used light trucks......
Used a uto s..................
Used light trucks
(including utility
vehicles)..................

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 au to s3

111.128 113.420 103.652
96.597
95.147
95.660
100.402 100.620 102.183 101.907 102.139 102.778
101.089 100.990 102.767 102.206 102.067 102.189
100.027 100.499 101.885 101.851 102.398 103.450

16 94.794
95.732
96.318
97.895 97.668 98.096
98.901
17 110.638 114.018 114.126 114.835 115.493 116.491 118.507

102.602
101.866
103.435
103.411
103.121
103.671

103.194
102.137
104.420
103.728
103.040
104.519

97.895

99.218

103.072
102.024
104.237
103.823
103.280
104.223

104.889
105.212

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

104.131
102.863
105.522
105.046
102.855
107.653

99.807 100.885

100.571

100.915 101.256

31

V
33
34
3S
38
37
38
39
40
41

42

43 97.085
98.085
98.326 100.004
99.605 99.740 100.205
44 100.767 102.350 102.052 102.786 102.047 101.816 101.788
45 100.018 100.997 100.835 102.667 102.115 101.976 102.100

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.

S u r v e y o f C u r r e n t B u sin e ss

N ovem ber 2 0 1 0

Table 7.2.5B. Motor Vehicle Output
[Billions of dollars]

D -4 9

Table 7.2.6B. Real Motor Vehicle Output, Chained Dollars
[Billions of chained (2005) dollars]

Seasonally adjusted at annual rates
Line

2008

2009

2009
III

Seasonally adjusted at annual rates

2010
IV

I

II

Line

2008

2009

III

2009
III

2010
IV

I

II

III

Motor vehicle o u tp u t......
Auto output...............
Truck output..............

1
2
3

325.0
138.7
186.3

248.9
94.7
154.3

275.1
101.3
173.9

288.5
108.4
180.1

314.8
123.5
191.3

313.7
117.3
196.4

329.3
105.1
224.1

M otor vehicle output
Auto output...............
Truck output..............

1
2
3

336.8
141.0
195.3

253.7
94.5
159.2

279.3
101.4
177.9

288.4
106.4
181.9

315.0
121.5
193.3

312.9
115.5
197.2

328.3
104.2
224.2

Final sales o f d om estic product

4

334.1

274.3

281.2

272.3

298.2

296.2

299.6

Final sales o f d om estic product

4

346.2

279.7

284.8

272.2

298.9

295.8

299.0

5
6
7

301.5
191.0
85.7

280.7
169.1
71.4

300.1
189.0
87.2

279.6
171.8
70.6

277.0
168.9
68.3

281.2
173.3
65.4

281.6
172.2
65.4

Personal co nsum ption
e xp e n d itu re s........................
New motor vehicles...........
Autos.........................
Light trucks (including
utility vehicles)...........
Net purchases of used autos
and used light trucks......
Used autos..................
Used light trucks
(including utility
vehicles)..................

b
6
7

291.0
184.9
85.7

269.4
165.3
72.1

289.0
185.2
87.9

276.7
171.3
72.4

277.0
167.8
69.7

283.2
172.6
66.7

8

99.2

93.2

97.3

98.9

98.1

105.8

105.6

9
10

106.1
48.3

104.1
44.4

103.8
44.0

105.4
45.5

109.2
47.2

110.7
46.6

112.7
46.8

11

57.8

59.7

59.8

59.9

62.0

64.1

65.9

12
13
14
15

101.1
172.8
71.3
101.6

42.9
116.6
52.7
63.9

40.1
119.1
53.7
65.4

48.9
134.3
60.9
73.4

67.3
146.4
68.4
78.0

80.6
153.6
69.5
84.1

87.5
163.1
70.0
93.1

16
17

77.5
24.0

47.5
16.5

49.2
16.2

54.8
18.6

59.2
18.8

65.1
18.9

71.7
21.4

18
19

-71.7
-34.5

-73.7
-33.5

-79.0
-34.2

-85.4
-42.0

-79.1
-38.4

-73.0
-33.4

-75.6
-32.9

20

-37.2

-40.1

-44.8

-43.4

-40.7

-39.6

Private fixe d in ve s tm e n t........
New motor vehicles...........
Autos.........................
Trucks.........................
Light trucks (including
utility vehicles).......
Other......................
Net purchases of used autos
and used light trucks......
Used autos..................
Used light trucks
(including utility
vehicles)..................
G ross governm ent
investm ent.............................
Autos.............................
Trucks............................

21
22
23

18.3
3.8
14.5

15.1
3.3
11.9

15.8
3.4
12.3

14.8
3.3
11.5

13.3
2.7
10.6

Net e xpo rts................................
Exports..........................
Autos.........................
Trucks.........................
Imports..........................
Autos.........................
Trucks.........................

24
25
26
27
28
29
30

-76.3
65.3
37.2
28.1
141.6
77.5
64.1

-53.1
40.0
20.8
19.1
93.1
54.9
38.2

-63.7
42.4
22.1
20.3
106.1
64.3
41.8

-68.1
49.5
25.7
23.8
117.6
68.3
49.3

Change in private in v e n to rie s ...
Autos................................
N ew ..............................
Domestic....................
Foreign.......................
U sed.............................
Trucks...............................
N ew ..............................
Domestic....................
Foreign.......................
Used 1...........................

31
32
33
34
35
36
37
38
39
40
41

-9.1
4.5
6.2
4.2
2.0
-1.7
-13.6
-13.1
-14.2
1.0
-0.5

-25.4
-10.1
-12.5
-9.2
-3.3
2.4
-15.2
-16.6
-12.9
-3.7
1.4

-6.1
-11.4
-14.8
-10.4
-4.4
3.5
5.3
-1.3
1.6
-3.0
6.6

42

410.4

327.4

43
44
45

148.8
101.1
89.0

100.1
60.6
75.0

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

285.1
172.4
66.8

8

105.0

97.6

101.3

101.2

100.6

108.1

107.0

9
10

110.4
50.4

111.9
47.8

110.9
47.2

107.8
46.8

108.0
46.8

107.9
45.7

109.3
46.2

11

60.1

64.0

63.6

61.0

61.2

62.2

63.1

12
13
14
15

100.7
174.4
71.3
103.0

38.6
116.1
52.1
63.9

35.2
118.5
53.2
65.2

47.0
131.6
59.3
72.1

69.4
143.8
67.0
76.6

83.9
150.5
68.2
82.2

91.6
158.8
68.5
90.1

16
17

81.8
21.7

49.6
14.4

51.2
14.2

56.1
16.2

60.7
16.3

66.4
16.3

72.6
18.0

18
19

-74.5
-35.8

-80.9
-36.7

-87.6
-37.8

-88.1
-43.3

-78.2
-38.0

-71.1
-32.5

-72.3
-31.4

-42.7

Private fixe d investm ent
New motor vehicles...........
Autos..........................
Trucks.........................
Light trucks (including
utility vehicles)
Other.......................
Net purchases of used autos
and used light trucks
Used autos..................
Used light trucks
(including utility
vehicles)..................

20

-38.6

-44.3

-49.9

-44.9

-40.2

-38.6

-40.9

15.4
3.4
11.9

16.1
3.3
12.8

G ross governm ent
in vestm en t............................
Autos.............................
Trucks ............................

21
22
23

17.4
3.6
13.8

13.9
2.9
11.0

14.4
3.0
11.4

13.5
3.0
10.5

12.2
2.5
9.7

14.1
3.2
10.9

14.6
3.0
11.6

-59.5
54.2
27.2
27.0
113.6
60.2
53.4

-82.9
55.5
27.7
27.8
138.4
76.2
62.2

-89.1
53.8
27.2
26.6
142.9
85.9
56.9

Net e x p o rts ................................
Exports..........................
Autos..........................
Trucks........................
Imports...........................
Autos..........................
Trucks........................

24
25
26
27
28
29
30

-73.3
63.7
36.6
27.1
136.9
75.2
61.8

-51.0
38.7
20.4
18.3
89.7
53.3
36.5

-61.1
41.2
21.7
19.5
102.3
62.3
40.1

-65.1
47.8
25.1
22.7
113.0
66.1
47.0

-57.1
52.2
26.6
25.7
109.4
58.5
50.9

-79.6
53.3
27.0
26.3
132.9
74.0
59.0

-84.4
51.7
26.4
25.3
136.1
83.6
52.9

16.3
11.0
2.0
2.7
-0.7
9.0
5.3
0.0
-1.7
1.7
5.3

16.6
6.8
2.0
2.5
-0.5
4.8
9.8
9.1
8.1
1.0
0.6

17.5
12.9
13.1
7.3
5.8
-0.2
4.6
5.4
4.0
1.4
-0.9

29.6
10.0
10.2
6.5
3.7
-0.3
19.7
19.5
19.0
0.6
0.1

Change in private inventories. ..
Autos.................................
New...............................
Domestic.....................
Foreign........................
U se d .............................
Trucks..
New.
Domestic.....................
Foreign........................
Used 1............................
Residual................................

31
32
33
34
35
36
37
38
39
40
41
42

-9.3
4.5
6.0
4.0
1.9
-1.7
-13.9
-13.3
-14.4
1.0
-0.5
0.8

-25.5
-10.1
-12.0
-8.8
-3.2
2.5
-15.4
-16.6
-12.9
-3.6
1.4
-0.4

-5 .6
-11.1
-14.1
-9.9
-4.2
3.8
5.6
-1.2
1.8
-2.9
7.2
0.1

16.5
11.0
1.9
2.6
-0.7
9.3
5.4
0.0
-1.6
1.6
5.4
0.6

16.2
6.6
1.9
2.4
-0.5
4.8
9.6
9.0
7.9
1.0
0.6
1.0

17.1
12.5
12.7
7.1
5.7
-0.2
4.5
5.4
4.0
1.4
-0.8
0.1

28.8
9.6
9.9
6.3
3.6
-0.3
19.3
19.4
18.8
0.6
0.1
0.9

344.9

340.4

357.6

379.2

388.7

43

419.2

330.0

345.6

337.4

355.6

375.8

383.9

102.9
69.6
83.3

115.7
78.6
76.9

127.6
79.7
81.6

134.6
82.3
81.1

141.7
81.1
82.7

44
45
46

153.3
100.2
89.0

102.1
59.2
74.3

104.8
68.2
82.7

115.8
76.5
74.9

128.2
78.2
79.9

135.1
80.9
79.5

141.6
79.7
81.0

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.




Personal consum ption
e xp e n d itu re s ........................
New motor vehicles...........
Autos..........................
Light trucks (including
utility vehicles)...........
Net purchases of used autos
and used light trucks......
Used autos..................
Used light trucks
(including utility
vehicles)..................

Addenda:
Final sales of motor vehicles to
domestic purchasers..........
Private fixed investment in new
autos and new light trucks....
Domestic output of new autos 2
Sales of imported new autos 3

1. Consists of used light trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of sales of imported new autos in personal consumption expenditures, in private fixed investment, and in
gross government investment.
Note. Chained (2005) dollar series are calculated as the product of the chain-type quantity index and the 2005 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses
weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line is
the difference between the first line and the sum of the most detailed lines, excluding the lines in the addenda.

D -5 0

B .

N ovem ber 2010

N I P A - R e l a t e d

T a b le

B . l

r e le a s e d

o n

p r e s e n t s
N o v e m

T a b le
t h e

b e r

m
1 ,

o s t

r e c e n t

e s t im

a t e s

o f

p e r s o n a l

i n c o m

e

a n d

it s

d i s p o s i t i o n .

T h e s e

e s t im

a t e s

w e r e

2 0 1 0 .

Table B.1 Personal Income and Its Disposition
[Billions of dollars; monthly estimates seasonally adjusted at annual rates]
2009
2008

Aug.
Personal In co m e.......................................................................
Compensation of employees, received...........................
Wage and salary disbursements...............................
Private industries..........
Goods-producing industries..............................
Manufacturing
Service-producing industries.............................
Trade, transportation, and utilities....................
Other services-producing industries................
Government......................................................

2010

2009
Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

March

April

May

June

July r

Aug. r

Sept.p

12,391.1 12,174.9 12,173.8 12,169.7 12,178.7 12,237.4 12,300.7 12,324.3 12,337.2 12,389.4 12,443.6 12,488.2 12,489.7 12,508.8 12,563.2 12,546.4
7,792.9 7,813.1
7,838.7 7,842.4 7,855.0 7,851.0 7,868.3 7,899.1
8,065.8 7,806.7 7,810.1
7,934.7 7,927.2 7,955.6 7,975.2 7,976.1
6,559.0 6,274.1
6,274.5 6,257.6 6,272.1
6,291.2 6,291.5 6,291.3 6,284.8 6,298.1
6,325.0 6,356.0 6,346.6 6,371.1
6,386.5 6,385.0
5,415.1
5,097.2 5,116.2 5,116.7 5,107.6 5,099.7 5,110.5 5,134.9 5,160.1
5,100.5 5,098.0 5,084.1
5,153.2 5,179.2 5,202.8 5,206.1
1,207.6
1,064.0
1,050.9
1,043.5
1,040.8 1,050.5
1,046.9
1,037.4 1,028.8
1,030.3
1,035.4
1,050.0
1,039.3 1,046.2
1,052.9
1,051.3
741.2
661.5
651.8
649.7
652.0
662.3
660.6
655.6
651.0
651.3
654.8
658.4
666.8
663.8
666.1
665.1
4,207.4 4,036.6 4,047.2 4,040.6 4,056.4 4,065.7 4,069.8 4,070.1
4,070.8 4,080.2 4,099.5 4,110.1
4,113.9 4,133.0 4,149.8 4,154.8
989.4
1,050.9
988.8
988.9
988.2
987.9
986.4
990.5
987.6
989.6
995.8
998.6
1,004.2
1,006.5
996.0 1,001.7
3,058.4 3,051.2 3,067.6 3,077.5
3,082.2 3,082.2 3,084.4 3,090.6 3,103.6 3,111.5 3,117.9 3,131.2 3,145.6 3,148.2
3,156.6 3,046.1
1,144.0
1,174.8 1,175.1
1,183.7 1,185.2
1,187.6
1,183.7
1,173.6 1,176.4 1,173.5
1,174.8
1,190.1
1,195.9
1,193.4 1,191.9
1,178.9

Supplements to wages and salaries...........................
Employer contributions for employee pension and
insurance funds..............................................
Employer contributions for government social
insurance......................................................

1,506.8

1,532.6

1,535.7

1,535.2

1,541.1

1,547.5

1,550.9

1,563.7

1,566.1

1,570.2

1,574.1

1,578.7

1,580.6

1,584.5

1,588.7

1,591.1

1,036.6

1,072.0

1,073.9

1,074.7

1,079.7

1,084.1

1,088.1

1,093.1

1,095.8

1,098.5

1,100.7

1,103.1

1,105.5

1,107.8

1,110.2

1,112.9

470.1

460.6

461.8

460.6

461.4

463.4

462.8

470.6

470.3

471.7

473.3

475.6

475.1

476.7

478.4

478.2

Proprietors’ income with IVA and C C A dj.........................
Farm...................................................................
Nonfarm.........................

1,102.0
50.8
1,051.2

1,011.9
30.5
981.5

1,007.9
27.5
980.4

1,008.3
29.9
978.4

1,015.7
34.0
981.8

1,025.2
36.7
988.5

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

1,049.9
45.0
1,004.9

1,060.4
49.8
1,010.6

1,066.0
54.6
1,011.5

Rental income of persons with C CA dj............................

222.0

274.0

279.4

281.5

283.0

283.0

282.3

287.4

292.5

298.0

298.1

298.8

299.6

302.1

305.2

308.9

Personal income receipts on assets..............................
Personal interest income...
Personal dividend incom e...

2,109.3
1,314.7
794.6

1,919.7
1,222.3
697.4

1,889.3
1,213.2
676.2

1,878.5
1,203.7
674.8

1,870.7
1,197.0
673.7

1,880.8
1,203.7
677.1

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

1,907.4
1,194.4
713.1

1,896.7
1,183.2
713.5

1,891.0
1,172.0
719.0

Personal current transfer receipts..................................
Government social benefits to persons.......................
Old-age, survivors, disability, and health insurance
benefits.........................................................
Government unemployment insurance benefits.........
Other..............................................................
Other current transfer receipts, from business (net)
Less:Contributions for government social insurance..........

1,879.2
1,842.6

2,132.8
2,096.8

2,159.3
2,123.5

2,179.0
2,143.2

2,168.6
2,132.8

2,185.7
2,149.9

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

2,293.6
2,256.2

2,328.7
2,291.4

2,307.2
2,270.2

1,068.3
50.7
723.6
36.7
987.2

1,164.5
128.6
803.7
36.0
970.3

1,166.6
150.7
806.2
35.8
972.2

1,184.2
148.6
810.4
35.8
970.4

1,183.3
135.9
813.5
35.8
972.5

1,184.7
144.3
820.9
35.8
976.0

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
992.9

1,207.9
137.1
903.4
37.0
997.4

1,208.6
136.1
911.9
37.2
996.5

1,219.5
121.6
915.1
37.4
999.9

1,221.5
147.5
922.4
37.3
1,002.9

1,229.3
120.7
920.1
37.0
1,002.8

1,438.2

1,140.0

1,120.4

1,118.3

1,117.1

1,117.8

1,116.8

1,133.1

1,133.6

1,137.4

1,135.0

1,139.7

1,137.2

1,154.1

1,160.6

1,164.1

Less: Personal current taxes.................................................
Equals: Disposable personal in com e ..................................

10,952.9 11,034.9 11,053.4 11,051.4 11,061.5 11,119.6 11,183.9 11,191.2 11,203.6 11,252.1

Less: Personal o u tla y s ............................................................

10,505.0 10,379.6 10,485.2 10,420.9 10,478.4 10,502.3 10,536.4 10,554.0 10,602.9 10,654.6 10,652.6 10,670.4 10,668.1

Personal consumption expenditures..............................
G o ods...........................
Durable g o o d s.............
Nondurable go od s........
Services.............................................................
Personal interest payments1 ...
Personal current transfer payments...............................
To government................
To the rest of the world (net)

10,104.5 10,001.3 10,102.1 10,037.0 10,098.0 10,128.2 10,168.4 10,182.8 10,229.9 10,279.7 10,275.2 10,292.1 10,288.8 10,335.9 10,388.4 10,405.7
3,379.5 3,230.7 3,336.6 3,259.5 3,289.3 3,322.6 3,327.0 3,346.8 3,375.3 3,417.9 3,396.4 3,374.8 3,361.2 3,384.2 3,416.7 3,426.3
1,097.2
1,008.2
1,089.0
1,083.5
1,026.5
1,031.8 1,048.2
1,051.8
1,041.0 1,052.2
1,078.1
1,074.6
1,069.5
1,081.0
1,081.5
1,089.6
2,296.0 2,204.2 2,239.4 2,251.3 2,257.5 2,274.4 2,275.2 2,305.8 2,323.1
2,328.9 2,318.3 2,300.1
2,291.7 2,303.1
2,335.1
2,336.7
6,854.6 6,861.8 6,878.8 6,917.3 6,927.6 6,951.7 6,971.7 6,979.4
6,725.0 6,770.6 6,765.5 6,777.5 6,808.7 6,805.6 6,841.4 6,836.1
221.2
246.2
221.6
214.5
207.7
203.8
205.2
216.8
201.1
202.5
205.6
206.0
206.5
202.7
198.8
195.0
169.2
169.7
154.3
161.4
161.9
162.3
165.9
166.4
166.9
168.7
171.7
173.4
172.3
172.8
172.8
174.0
95.6
97.4
98.5
89.7
95.0
96.0
96.5
96.9
97.9
99.0
99.5
100.1
101.8
102.4
100.6
101.2
70.7
70.7
64.6
66.5
66.3
66.3
69.5
69.5
69.5
70.7
72.2
72.2
72.2
71.6
71.6
71.6

11,308.6 11,348.5 11,352.5 11,354.7 11,402.6 11,382.3
10,711.4 10,760.6 10,774.7

Equals: Personal s a v in g .........................................................

447.9

655.3

568.2

630.5

583.1

617.4

647.5

637.2

600.6

597.4

656.0

678.1

684.4

643.4

642.0

607.6

Personal saving as percentage o f disposable personal
in com e .....................................................................................

4.1

5.9

5.1

5.7

5.3

5.6

5.8

5.7

5.4

5.3

5.8

6.0

6.0

5.7

5.6

5.3

9,638.5

9,191.1

9,132.8

9,098.7

9,091.2

9,108.9

9,128.6

9,110.5

9,111.8

9,112.9

9,205.5

9,203.6

9,203.4

9,200.0

Addenda:
Personal income excluding current transfer receipts:
Billions of chained (2005) dollars ..............................

9,157.5

9,200.0

10,042.9 10,099.8 10,080.2 10,064.7 10,046.2 10,076.7 10,118.1

10,099.3 10,106.5 10,134.3 10,188.1

10,233.1

10,249.7 10,230.3 10,253.8 10,227.1

35,931
32,946
304,831

35,888
32,847
307,483

35,909
32,748
307,815

35,873
32,670
308,068

35,879
32,585
308,304

36,041
32,661
308,526

36,225
32,773
308,733

36,226
32,691
308,930

36,244
32,695
309,119

36,378
32,764
309,312

36,537
32,917
309,509

36,642
33,040
309,718

36,627
33,069
309,946

36.606
32,981
310,185

36,731
33,030
310,439

36,634
32,916
310,702

9,265.0
3,180.3
1,136.4
2,041.2
6,082.3
109.060

9,153.9
3,117.4
1,094.6
2,017.4
6,032.7
109.260

9,212.7
3,192.6
1,176.5
2,019.1
6,020.0
109.654

9,140.8
3,111.6
1,077.9
2,025.7
6,025.2
109.804

9,171.1
3,136.6
1,101.1
2,029.8
6,031.3
110.107

9,178.2
3,160.1
1,119.0
2,036.9
6,016.4
110.350

9,199.3
3,158.6
1,125.2
2,030.3
6,038.4
110.534

9,189.3
3,159.9
1,116.5
2,038.7
6,027.4
110.812

9,228.2
3,193.0
1,131.0
2,057.7
6,034.6
110.855

9,258.6
3,233.3
1,169.2
2,064.0
6,026.7
111.029

9,257.2
3,223.7
1,159.1
2,063.4
6,034.4
110.997

9,280.5
3,221.8
1,158.2
2,062.3
6,058.9
110.900

9,289.3
3,222.3
1,156.2
2,064.4
6,066.9
110.760

9,312.4
3,231.9
1,171.8
2,060.5
6,080.6
110.990

9,341.7
3,249.2
1,172.0
2,076.6
6,093.2
111.204

9,349.6
3,253.8
1,181.8
2,072.8
6,096.6
111.296

Personal incom e, current d o lla rs ..........................................

4.0

-1.7

0.2

0.0

0.1

0.5

0.5

0.2

0.1

0.4

0.4

0.4

0.0

0.2

0.4

-0.1

Disposable personal income:
Current dollars......................................................
Chained (2005) dollars...........................................

5.1
1.7

0.7
0.6

0.2
-0.1

0.0
-0.2

0.1
-0.2

0.5
0.3

0.6
0.4

0.1
-0.2

0.1
0.1

0.4
0.3

0.5
0.5

0.4
0.4

0.0
0.2

0.0
-0.2

0.4
0.2

-0.2
-0.3

Personal consumption expenditures:
Current dollars......................................................
Chained (2005) dollars...........................................

3.0
-0.3

-1.0
-1.2

1.2
0.9

-0.6
-0.8

0.6
0.3

0.3
0.1

0.4
0.2

0.1
-0.1

0.5
0.4

0.5
0.3

0.0
0.0

0.2
0.3

0.0
0.1

0.5
0.2

0.5
0.3

0.2
0.1

Disposable personal income:
Billions of chained (2005) dollars2.............................
Per capita:
Current dollars...................................................
Chained (2005 dollars)........................................
Population (midperiod, thousands)3..............................
Personal consumption expenditures:
Billions of chained (2005) dollars...............................
Goods..............................................................
Durable g o o d s................................................
Nondurable go od s...........................................
Services..........................................................
Implicit price deflator, 2005=100 ...............................
Percent change from preceding period:

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.

Novem ber 2010

C .

H i s t o r i c a l

T h i s
M

t a b le

a j o r

N

in d e x e s

is

D -5 1

M

e a s u r e s

d e r iv e d

I P A

S e r ie s ”

e x p r e s s e d

f r o m

t h e

“ S e le c t e d

t a b le s

t h a t

t h r e e

d e c im

t o

w e r e
a l

N

I P A

p u b lis h e d

T a b le s ”
in

t h e

t h a t

a r e

A u g u s t

p u b lis h e d
2 0 1 0

in

is s u e .

t h is

( T h e

is s u e

a n d

c h a n g e s

in

f r o m

t h e

p r ic e s

“ G

a r e

D

P

a n d

c a lc u la t e d

O t h e r
f r o m

p la c e s . )

Table C.1. GDP and Other Major NIPA Aggregates—Continues
[Quarterly estimates are seasonally adjusted at annual rates]

Billions of chained (2005) dollars

Year and Quarter

Gross
domestic
product

Final sales of
domestic
product

Gross
national
product

Percent change from
preceding period

Real gross
domestic
product

Real final
sales of
domestic
product

Chain-type price indexes
[2005=100]

Gross
domestic
product

Gross
domestic
purchases

Implicit price deflators
[2005=100]

Gross
domestic
product

Gross
national
product

Percent change from preceding period
Chain-type price index

Implicit price deflators

Gross
domestic
product

Gross
domestic
product

Gross
domestic
purchases

Gross
national
product

1959

................

2,762.5

2,764.0

2,780.5

7.2

6.3

18.348

17.972

18.340

18.320

1.1

1.2

1.2

1.2

1960
1961
1962
1963
1964

................
................
................
................
................

2,830.9
2,896.9
3,072.4
3,206.7
3,392.3

2,836.6
2,904.6
3,064.9
3,202.6
3,393.7

2,850.6
2,918.6
3,096.8
3,232.8
3,420.4

2.5
2.3
6.1
4.4
5.8

2.6
2.4
5.5
4.5
6.0

18.604
18.814
19.071
19.273
19.572

18.220
18.412
18.654
18.871
19.175

18.596
18.805
19.062
19.265
19.563

18.577
18.786
19.044
19.248
19.546

1.4
1.1
1.4
1.1
1.6

1.4
1.1
1.3
1.2
1.6

1.4
1.1
1.4
1.1
1.5

1.4
1.1
1.4
1.1
1.5

1965
1966
1967
1968
1969

................
................
................
................
................

3,610.1
3,845.3
3,942.5
4,133.4
4,261.8

3,590.7
3,806.6
3,923.3
4,119.4
4,248.6

3,639.5
3,873.1
3,971.1
4,164.1
4,291.6

6.4
6.5
2.5
4.8
3.1

5.8
6.0
3.1
5.0
3.1

19.928
20.493
21.124
22.022
23.110

19.507
20.054
20.637
21.508
22.563

19.919
20.484
21.115
22.012
23.099

19.903
20.469
21.098
21.996
23.081

1.8
2.8
3.1
4.3
4.9

1.7
2.8
2.9
4.2
4.9

1.8
2.8
3.1
4.2
4.9

1.8
2.8
3.1
4.3
4.9

1970
1971
1972
1973
1974

................
................
................
................
................

4,269.9
4,413.3
4,647.7
4,917.0
4,889.9

4,287.9
4,407.4
4,640.6
4,888.2
4,874.1

4,299.4
4,446.0
4,682.9
4,964.5
4,944.0

0.2
3.4
5.3
5.8
-0.6

0.9
2.8
5.3
5.3
-0.3

24.328
25.545
26.647
28.124
30.669

23.778
25.000
26.112
27.623
30.459

24.317
25.533
26.634
28.112
30.664

24.299
25.515
26.617
28.097
30.643

5.3
5.0
4.3
5.5
9.0

5.4
5.1
4.4
5.8
10.3

5.3
5.0
4.3
5.5
9.1

5.3
5.0
4.3
5.6
9.1

1975
1976
1977
1978
1979

................
................
................
................
................

4,879.5
5,141.3
5,377.7
5,677.6
5,855.0

4,926.3
5,120.2
5,344.9
5,639.7
5,841.2

4,921.4
5,191.2
5,433.7
5,733.2
5,930.2

-0.2
5.4
4.6
5.6
3.1

1.1
3.9
4.4
5.5
3.6

33.577
35.505
37.764
40.413
43.773

33.300
35.208
37.586
40.252
43.797

33.563
35.489
37.751
40.400
43.761

33.541
35.472
37.735
40.385
43.745

9.5
5.7
6.4
7.0
8.3

9.3
5.7
6.8
7.1
8.8

9.5
5.7
6.4
7.0
8.3

9.5
5.8
6.4
7.0
8.3

1980
1981
1982
1983
1984

................
................
................
................
................

5,839.0
5,987.2
5,870.9
6,136.2
6,577.1

5,878.7
5,959.5
5,923.3
6,172.9
6,495.6

5,913.4
6,052.5
5,939.1
6,202.3
6,639.8

-0.3
2.5
-1.9
4.5
7.2

0.6
1.4
-0.6
4.2
5.2

47.776
52.281
55.467
57.655
59.823

48.408
52.864
55.859
57.817
59.854

47.751
52.225
55.412
57.603
59.766

47.728
52.206
55.391
57.586
59.749

9.1
9.4
6.1
3.9
3.8

10.5
9.2
5.7
3.5
3.5

9.1
9.4
6.1
4.0
3.8

9.1
9.4
6.1
4.0
3.8

1985
1986
1987
1988
1989

................
................
................
................
................

6,849.3
7,086.5
7,313.3
7,613.9
7,885.9

6,838.9
7,098.7
7,296.2
7,607.8
7,867.5

6,893.9
7,116.5
7,342.2
7,650.4
7,924.0

4.1
3.5
3.2
4.1
3.6

5.3
3.8
2.8
4.3
3.4

61.633
63.003
64.763
66.990
69.520

61.553
62.948
64.923
67.159
69.706

61.576
62.937
64.764
66.988
69.518

61.562
62.920
64.749
66.974
69.511

3.0
2.2
2.8
3.4
3.8

2.8
2.3
3.1
3.4
3.8

3.0
2.2
2.9
3.4
3.8

3.0
2.2
2.9
3.4
3.8

1990
1991
1992
1993
1994

................
................
................
................
................

8,033.9
8,015.1
8,287.1
8,523.4
8,870.7

8,032.7
8,034.8
8,284.3
8,515.3
8,809.2

8,081.8
8,055.6
8,326.4
8,563.2
8,900.5

1.9
-0.2
3.4
2.9
4.1

2.1
0.0
3.1
2.8
3.5

72.213
74.762
76.537
78.222
79.867

72.540
74.917
76.724
78.339
79.962

72.201
74.760
76.533
78.224
79.872

72.199
74.755
76.521
78.224
79.874

3.9
3.5
2.4
2.2
2.1

4.1
3.3
2.4
2.1
2.1

3.9
3.5
2.4
2.2
2.1

3.9
3.5
2.4
2.2
2.1

1995
1996
1997
1998
1999

................
................
................
................
................

9,093.7
9,433.9
9,854.3
10,283.5
10,779.8

9,073.2
9,412.5
9,782.6
10,217.1
10,715.7

9,129.4
9,471.1
9,881.8
10,304.0
10,812.1

2.5
3.7
4.5
4.4
4.8

3.0
3.7
3.9
4.4
4.9

81.533
83.083
84.554
85.507
86.766

81.674
83.150
84.397
84.962
86.304

81.536
83.088
84.555
85.511
86.768

81.542
83.096
84.558
85.509
86.766

2.1
1.9
1.8
1.1
1.5

2.1
1.8
1.5
0.7
1.6

2.1
1.9
1.8
1.1
1.5

2.1
1.9
1.8
1.1
1.5

2000
2001
2002
2003
2004

................
................
................
................
................

11,226.0
11,347.2
11,553.0
11,840.7
12,263.8

11,167.5
11,391.7
11,543.5
11,824.8
12,198.2

11,268.8
11,404.6
11,606.9
11,914.2
12,358.5

4.1
1.1
1.8
2.5
3.6

4.2
2.0
1.3
2.4
3.2

88.648
90.654
92.113
94.099
96.769

88.463
90.123
91.422
93.550
96.400

88.647
90.650
92.118
94.100
96.770

88.645
90.648
92.113
94.096
96.767

2.2
2.3
1.6
2.2
2.8

2.5
1.9
1.4
2.3
3.0

2.2
2.3
1.6
2.2
2.8

2.2
2.3
1.6
2.2
2.8

2005
2006
2007
2008
2009

................
................
................
................
................

12,638.4
12,976.2
13,228.9
13,228.8
12,880.6

12,588.4
12,917.1
13,200.0
13,268.1
12,992.8

12,735.5
13,046.1
13,344.4
13,388.7
13,014.7

3.1
2.7
1.9
0.0
-2.6

3.2
2.6
2.2
0.5
-2.1

100.000
103.263
106.301
108.598
109.618

100.000
103.380
106.428
109.813
109.614

100.000
103.257
106.296
108.619
109.615

100.000
103.260
106.300
108.626
109.609

3.3
3.3
2.9
2.2
0.9

3.7
3.4
2.9
3.2
-0.2

3.3
3.3
2.9
2.2
0.9

3.3
3.3
2.9
2.2
0.9




D -5 2

N a tio n a l D a t a

N ovem ber 2010

Table C.1. GDP and Other Major NIPA Aggregates— Continues
[Quarterly estimates are seasonally adjusted at annual rates]
Billions of chained (2005) dollars

Year and Quarter

Gross
domestic
product

Final sales of
domestic
product

Gross
national
product

Percent change from
preceding period

Real gross
domestic
product

Real final
sales of
domestic
product

Chain-type price indexes
[2005=100]

Gross
domestic
product

Gross
domestic
purchases

Implicit price deflators
[2005=100]

Gross
domestic
product

Gross
national
product

Percent change from preceding period
Chain-type price index

Implicit price deflators

Gross
domestic
product

Gross
domestic
product

Gross
domestic
purchases

Gross
national
product

V.

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

IL
V,

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

if
V

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

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

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

V.

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

II’!
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

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

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

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

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

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

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

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

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

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

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

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

1959:

1960:

1961:

1962:

if
V
1963:

if
V,
1964:

if
1965:

1966:

if
V,
1967:

if
V.
1968:

if
V.
1969:

if
V.
1970:

if
V.
1971:

if
V.
1972:

if
V.
1973:
ii!

V.
1974:

if
V.
1975:

if
V.

1976:
if
V.




S u r v e y o f C u r r e n t B u sin e ss

N ovem ber 2010

D -5 3

Table C.1. GDP and Other Major NIPA Aggregates— Continues

[Quarterly estimates are seasonally adjusted at annual rates]

Billions of chained (2005) dollars

Year and Quarter

Gross
domestic
product

Final sales of
domestic
product

Gross
national
product

Percent change from
preceding period

Real gross
domestic
product

Chain-type price indexes
[2005=100]

Real final
sales of
domestic
product

Gross
domestic
product

Gross
domestic
purchases

Implicit price deflators
[2005=100]

Gross
domestic
product

Gross
national
product

Percent change from preceding period
Chain-type price index

Implicit price deflators

Gross
domestic
product

Gross
domestic
product

Gross
domestic
purchases

Gross
national
product

1977:

I...
11..
III.
IV.

5,251.8
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...
11..
III.
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...
11..
III.
IV.

5,825.9
5,831.4
5,873.3
5,889.5

5,792.7
5,792.4
5,876.4
5,903.2

5,888.8
5,901.8
5,957.3
5,972.9

0.7
0.4
2.9
1.1

1.3
0.0
5.9
1.8

42.334
43.364
44.260
45.136

42.169
43.244
44.345
45.429

42.282
43.325
44.263
45.155

42.267
43.307
44.245
45.136

7.5
10.1
8.5
8.2

8.0
10.6
10.6
10.1

7.3
10.2
8.9
8.3

7.3
10.2
8.9
8.3

1980:

I...
11..
III.
IV.

5,908.5
5,787.4
5,776.6
5,883.5

5,914.7
5,798.8
5,874.4
5,926.8

5,993.4
5,865.8
5,850.6
5,943.7

1.3
-7.9
-0.7
7.6

0.8
-7.6
5.3
3.6

46.126
47.156
48.232
49.591

46.678
47.827
48.914
50.211

46.105
47.137
48.215
49.551

46.085
47.117
48.194
49.529

9.1
9.2
9.4
11.8

11.5
10.2
9.4
11.0

8.7
9.3
9.5
11.6

8.7
9.3
9.5
11.5

1981:

I...
11..
III.
IV.

6,005.7
5,957.8
6,030.2
5,955.1

5,956.0
5,967.8
5,974.8
5,939.5

6,069.9
6,018.3
6,094.4
6,027.2

8.6
-3.2
4.9
-4.9

2.0
0.8
0.5
-2.3

50.894
51.802
52.754
53.674

51.534
52.460
53.271
54.193

50.808
51.769
52.685
53.646

50.788
51.747
52.666
53.628

10.9
7.3
7.6
7.2

11.0
7.4
6.3
7.1

10.5
7.8
7.3
7.5

10.6
7.8
7.3
7.5

1982:

I...
I!..
III.
IV.

5,857.3
5,889.1
5,866.4
5,871.0

5,922.8
5,920.3
5,881.5
5,968.6

5,925.6
5,965.7
5,931.4
5,933.6

-6.4
2.2
-1.5
0.3

-1.1
-0.2
-2.6
6.1

54.430
55.105
55.870
56.463

54.906
55.494
56.231
56.806

54.375
55.033
55.816
56.422

54.356
55.013
55.795
56.401

5.8
5.1
5.7
4.3

5.4
4.4
5.4
4.2

5.5
4.9
5.8
4.4

5.5
4.9
5.8
4.4

1983:

I...
11..
III.
IV.

5,944.0
6,077.6
6,197.5
6,325.6

6,031.7
6,117.1
6,230.5
6,312.4

6,005.9
6,143.5
6,264.6
6,395.3

5.1
9.3
8.1
8.5

4.3
5.8
7.6
5.4

56.946
57.362
57.947
58.366

57.157
57.550
58.113
58.447

56.880
57.296
57.880
58.305

56.861
57.280
57.864
58.290

3.5
3.0
4.1
2.9

2.5
2.8
4.0
2.3

3.3
3.0
4.1
3.0

3.3
3.0
4.1
3.0

1984:

I...
11..
III.
IV.

6,448.3
6,559.6
6,623.3
6,677.3

6,354.6
6,471.1
6,530.8
6,626.0

6,512.8
6,624.4
6,687.5
6,734.4

8.0
7.1
3.9
3.3

2.7
7.5
3.7
6.0

59.091
59.624
60.111
60.466

59.172
59.699
60.113
60.431

59.045
59.551
60.029
60.413

59.029
59.535
60.012
60.394

5.1
3.7
3.3
2.4

5.1
3.6
2.8
2.1

5.2
3.5
3.2
2.6

5.2
3.5
3.2
2.6

1985:

I...
11..
III.
IV.

6,740.3
6,797.3
6,903.5
6,955.9

6,738.3
6,789.6
6,899.9
6,928.1

6,785.7
6,845.8
6,943.5
7,000.5

3.8
3.4
6.4
3.1

7.0
3.1
6.7
1.6

61.157
61.471
61.763
62.142

61.009
61.356
61.679
62.169

61.083
61.431
61.683
62.087

61.062
61.415
61.677
62.078

4.7
2.1
1.9
2.5

3.9
2.3
2.1
3.2

4.5
2.3
1.7
2.6

4.5
2.3
1.7
2.6

1986:

I...
11..
III.
IV.

7,022.8
7,051.0
7,119.0
7,153.4

6,999.4
7,052.2
7,151.4
7,192.0

7,061.9
7,079.0
7,150.4
7,174.6

3.9
1.6
3.9
1.9

4.2
3.0
5.8
2.3

62.457
62.769
63.165
63.622

62.511
62.637
63.081
63.562

62.403
62.732
63.089
63.513

62.391
62.716
63.071
63.491

2.0
2.0
2.5
2.9

2.2
0.8
2.9
3.1

2.1
2.1
2.3
2.7

2.0
2.1
2.3
2.7

1987:

I...
11..
III.
IV.

7,193.0
7,269.5
7,332.6
7,458.0

7,172.8
7,268.4
7,355.2
7,388.3

7,217.0
7,299.6
7,361.9
7,490.1

2.2
4.3
3.5
7.0

-1.1
5.4
4.9
1.8

64.122
64.482
64.990
65.456

64.191
64.645
65.191
65.668

64.105
64.471
64.977
65.475

64.088
64.458
64.964
65.460

3.2
2.3
3.2
2.9

4.0
2.9
3.4
3.0

3.8
2.3
3.2
3.1

3.8
2.3
3.2
3.1

1988:

I...
11..
III.
IV.

7,496.6
7,592.9
7,632.1
7,734.0

7,497.5
7,587.9
7,624.0
7,721.9

7,536.7
7,629.6
7,665.1
7,770.3

2.1
5.2
2.1
5.5

6.0
4.9
1.9
5.2

65.982
66.618
67.408
67.952

66.220
66.854
67.479
68.081

66.012
66.632
67.384
67.895

65.997
66.617
67.368
67.883

3.3
3.9
4.8
3.3

3.4
3.9
3.8
3.6

3.3
3.8
4.6
3.1

3.3
3.8
4.6
3.1

1989:

I...
11..
III.
IV.

7,806.6
7,865.0
7,927.4
7,944.7

7,759.2
7,834.5
7,933.2
7,943.1

7,842.3
7,899.3
7,964.5
7,990.1

3.8
3.0
3.2
0.9

1.9
3.9
5.1
0.5

68.662
69.346
69.816
70.256

68.835
69.581
69.958
70.451

68.664
69.340
69.795
70.257

68.652
69.331
69.790
70.254

4.2
4.0
2.7
2.5

4.5
4.4
2.2
2.8

4.6
4.0
2.7
2.7

4.6
4.0
2.7
2.7

1990:

I...
11..
Ill
IV.

8,027.7
8,059.6
8,059.5
7,988.9

8,029.3
8,032.8
8,048.6
8,020.0

8,070.3
8,103.5
8,096.5
8,057.0

4.2
1.6
0.0
-3.5

4.4
0.2
0.8
-1.4

71.109
71.936
72.604
73.202

71.405
72.070
72.884
73.801

71.106
71.931
72.593
73.176

71.103
71.926
72.589
73.177

4.9
4.7
3.8
3.3

5.5
3.8
4.6
5.1

4.9
4.7
3.7
3.3

4.9
4.7
3.7
3.3

1991:

I...
11..
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:

I...
11..
III.
IV.

8,157.6
8,244.3
8,329.4
8,417.0

8,173.5
8,232.0
8,322.5
8,409.1

8,199.3
8,285.3
8,366.1
8,455.0

4.5
4.3
4.2
4.3

6.3
2.9
4.5
4.2

75.919
76.371
76.710
77.146

76.051
76.525
76.967
77.353

75.889
76.358
76.713
77.149

75.878
76.346
76.700
77.138

2.3
2.4
1.8
2.3

2.5
2.5
2.3
2.0

2.0
2.5
1.9
2.3

2.0
2.5
1.9
2.3

1993:

I...
11..
III.
IV.

8,432.5
8,486.4
8,531.1
8,643.8

8,403.6
8,474.1
8,540.5
8,642.8

8,480.0
8,525.2
8,577.4
8,670.4

0.7
2.6
2.1
5.4

-0.3
3.4
3.2
4.9

77.620
78.042
78.409
78.816

77.773
78.204
78.502
78.876

77.610
78.039
78.399
78.829

77.607
78.039
78.402
78.834

2.5
2.2
1.9
2.1

2.2
2.2
1.5
1.9

2.4
2.2
1.9
2.2

2.5
2.2
1.9
2.2




D -5 4

N a t io n a l D a t a

N ovem ber 2010

Table C.1. GDP and Other Major NIPA Aggregates—Table Ends
[Quarterly estimates are seasonally adjusted at annual rates]
Billions of chained (2005) dollars

Year and Quarter

Gross
domestic
product

Final sales of
domestic
product

Gross
national
product

Percent change from
preceding period

Real gross
domestic
product

Real final
sales of
domestic
product

Chain-type price indexes
[2005=100]

Gross
domestic
product

Gross
domestic
purchases

Implicit price deflators
[2005=100]

Gross
domestic
product

Gross
national
product

Percent change from preceding period
Chain-type price index

Implicit price deflators

Gross
domestic
product

Gross
domestic
product

Gross
domestic
purchases

Gross
national
product

1994:

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
2.2
2.8
2.0

2.1
1.9
2.4
2.1

2.1
1.9
2.4
2.1

1995:

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
2.1

2.3
2.1
1.5
1.8

2.3
1.8
1.9
2.0

2.3
1.8
1.9
2.0

1996:

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
2.0
1.8

2.1
1.4
1.8
2.3

2.3
1.5
1.3
2.2

2.3
1.5
1.3
2.2

1997:

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
1.8
1.1
1.5

1.8
0.7
0.9
1.3

2.6
0.9
1.4
1.5

2.6
0.9
1.4
1.5

1998:

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
1.0
1.5
1.1

-0.2
0.6
1.2
1.1

0.7
1.0
1.5
1.2

0.7
1.0
1.5
1.2

1999:

10,601.2
10,684.0
10,819.9
11,014.3

10,517.3
10,648.2
10,779.7
10,917.5

10,628.0
10,716.6
10,848.9
11,055.0

3.6
3.2
5.2
7.4

2.7
5.1
5.0
5.2

86.252
86.615
86.919
87.275

85.634
86.100
86.509
86.974

86.298
86.602
86.924
87.230

86.295
86.600
86.922
87.229

1.7
1.7
1.4
1.6

1.6
2.2
1.9
2.2

1.8
1.4
1.5
1.4

1.8
1.4
1.5
1.4

2000:

11,043.0
11,258.5
11,267.9
11,334.5

11,027.6
11,158.0
11,206.4
11,278.1

11,078.6
11,297.8
11,302.4
11,396.4

1.1
8.0
0.3
2.4

4.1
4.8
1.7
2.6

87.939
88.386
88.908
89.359

87.778
88.153
88.716
89.204

87.924
88.370
88.903
89.371

87.922
88.367
88.901
89.369

3.1
2.0
2.4
2.0

3.7
1.7
2.6
2.2

3.2
2.0
2.4
2.1

3.2
2.0
2.4
2.1

2001:

11,297.2
11,371.3
11,340.1
11,380.1

11,335.1
11,385.2
11,373.8
11,472.8

11,343.3
11,426.4
11,369.9
11,479.0

-1.3
2.6
-1.1
1.4

2.0
1.8
-0.4
3.5

89.977
90.603
90.891
91.144

89.738
90.142
90.274
90.337

89.979
90.590
90.874
91.151

89.976
90.587
90.873
91.150

2.8
2.8
1.3
1.1

2.4
1.8
0.6
0.3

2.7
2.7
1.3
1.2

2.7
2.7
1.3
1.2

2002:

11,477.9
11,538.8
11,596.4
11,598.8

11,496.4
11,528.9
11,579.7
11,569.1

11,534.0
11,575.1
11,648.5
11,669.9

3.5
2.1
2.0
0.1

0.8
1.1
1.8
-0.4

91.469
91.873
92.282
92.828

90.642
91.223
91.621
92.200

91.469
91.881
92.284
92.828

91.466
91.875
92.279
92.821

1.4
1.8
1.8
2.4

1.4
2.6
1.8
2.6

1.4
1.8
1.8
2.4

1.4
1.8
1.8
2.4

2003:

11,645.8
11,738.7
11,935.5
12,042.8

11,616.5
11,743.8
11,933.4
12,005.3

11,701.8
11,809.3
12,005.6
12,140.2

1.6
3.2
6.9
3.6

1.6
4.5
6.6
2.4

93.501
93.780
94.304
94.813

93.105
93.174
93.712
94.207

93.496
93.776
94.304
94.799

93.492
93.771
94.300
94.795

2.9
1.2
2.3
2.2

4.0
0.3
2.3
2.1

2.9
1.2
2.3
2.1

2.9
1.2
2.3
2.1

12,127.6
12,213.8
12,303.5
12,410.3

12,076.2
12,136.3
12,241.1
12,339.2

12,243.7
12,303.0
12,403.5
12,483.7

2.8
2.9
3.0
3.5

2.4
2.0
3.5
3.2

95.624
96.441
97.146
97.864

95.151
96.002
96.766
97.681

95.626
96.435
97.131
97.862

95.623
96.433
97.128
97.860

3.5
3.5
3.0
3.0

4.1
3.6
3.2
3.8

3.5
3.4
2.9
3.0

3.5
3.4
2.9
3.0

2005:

12,534.1
12,587.5
12,683.2
12,748.7

12,443.2
12,572.0
12,671.2
12,667.2

12,642.6
12,684.5
12,789.5
12,825.6

4.1
1.7
3.1
2.1

3.4
4.2
3.2
-0.1

98.774
99.445
100.470
101.312

98.561
99.333
100.541
101.565

98.766
99.438
100.461
101.309

98.764
99.437
100.463
101.314

3.8
2.7
4.2
3.4

3.7
3.2
5.0
4.1

3.7
2.7
4.2
3.4

3.7
2.8
4.2
3.4

2006:

12,915.9
12,962.5
12,965.9
13,060.7

12,851.3
12,891.0
12,898.3
13,027.8

12,994.2
13,035.4
13,025.1
13,129.5

5.4
1.4
0.1
3.0

5.9
1.2
0.2
4.1

102.071
102.980
103.763
104.237

102.275
103.173
103.910
104.162

102.071
102.973
103.756
104.218

102.076
102.976
103.760
104.217

3.0
3.6
3.1
1.8

2.8
3.6
2.9
1.0

3.0
3.6
3.1
1.8

3.0
3.6
3.1
1.8

2007:

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
2.0
3.8

4.4
3.2
2.0
0.9

4.4
3.1
2.0
0.9

2008:

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
-1.2

1.8
3.4
4.5
-1.2

2009:

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
-£.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

1.1
0.3
0.7
-0.2

-2.0
0.6
1.4
2.1

1.0
0.3
0.7
-0.3

1.0
0.3
0.7
-0.3

2010:

13,138.8
13,194.9
13,260.7

13,085.5
13,114.7
13,133.2

13,313.0
13,372.7

3.7
1.7
2.0

1.1
0.9
0.6

109.959
110.485
111.108

110.838
110.852
111.080

109.952
110.488
111.082

109.950
110.479

1.0
1.9
2.3

2.1
0.1
0.8

1.1
2.0
2.2

1.0
1.9




Novem ber 2 0 1 0

D .

C h a r t s

A ll

s e r ie s

a re

D -5 5

s e a s o n a lly

c h a n g e s .

T h e

s h a d e d

N a t io n a l

B u r e a u

a d ju s t e d

a re a s

m

o f E c o n o m

a t

a r k

ic

a n n u a l

th e

ra te s.

b e g in n in g

T h e
a n d

p e r c e n t
e n d

o f

c h a n g e s

in

re a l

r e c e s s io n s

a s

d e t e r m in e d

g r o s s

d o m e s t ic
b y

th e

p r o d u c t
B u s in e s s

a re

b a s e d

C y c le

o n

D a t in g

q u a r t e r -t o -q u a r t e r
C o m

m

it t e e

o f

th e

R e s e a r c h .

SELECTED NIPA SERIES
Thousands of chained (2005) dollars
Dec

45

Nov

Nov

Mar

Ja n JIyJly

Nov

Jly Mar

M ar Nov

Dec

Jun

-4 0

35 -

-3 5

30 -

-3 0

25 -

-2 5

20 -

-2 0

- 15

Percent

Dec

Nov

Nov

Mar

Ja n JIyJly

Nov

Jly Mar

M ar Nov

R E A L G R O S S D O M E S T IC P R O D U C T ( P E R C E N T C H A N G E )

IL,

62

64

66

U.S. Bureau of Economic Analysis




68

70

72

74

76

78

80

82

84

86

Dec

Jun

N ovem ber 2010

N a t io n a l D a t a

D -5 6

SELECTED NIPA SERIES
Percent

60

Dec

Nov

Nov

Mar

Ja n JIyJly

Nov

Jly Mar

M ar Nov

D ec

Jun

S H A R E S O F F E D E R A L G O V E R N M E N T R E C E IP T S

- 50

Personal current taxes
1 /1

40-

S '* " '- 1

\

A

-JB K —

30-

- 40
,V

—v !

N' " ------------ ------ J

V "#

30

Contributions for government social insurance

20

20Taxes on corporate income
10-

Taxes on production and imports

Percent
Dec

Nov

Nov

Mar

Jan JIyJly

Nov

Jly Mar

M ar Nov

Dec

Jun

C U R R E N T E X P E N D IT U R E S

SH A R E S OF FEDERAL G0\

60-

- 60

Current transfer payments

50-

- 50

40-

- 40

30-

- 30

Consumption expenditures

20-

20

Interest payments

Percent

Dec

Nov

Nov

M ar

Jan Jly Jly

Nov

Jly Mar

M ar Nov

D ec

Jun

RATIO, N E T G O V E R N M E N -

Net government saving

-2

Federal

- -2

— —4

- -6

U.S. Bureau of Economic Analysis




S u r v e y o f C u r r e n t B u sin e ss

N ovem ber 201 0

D -5 7

SELECTED NIPA SERIES
Percent
Dec

Nov

Nov

Mar

Jan Jly Jly

Nov

Jly Mar

M ar Nov

Dec

Jun

25

25
RATIO, S A V IN G S T O G R O S S N ATIO N AL IN C O M E
-___— - y

20 -

m

\

r -

/ 'V

.

W /

G ross saving

-V

m

7

X .*

—W

V9

-

15

,

G ross business saving*

5 -

20

\v

15 -

10

.

^

^

10

Personal saving
V

■:

V v . , . - . v

,

-5 -

-1 0

Percent
Dec

Nov

Nov

Mar

Jan Jly Jly

Nov

Jly Mar

Mar Nov

Dec

Jun

25

25
RATIO, IN V E S T M E N T TO G R O S S N ATIONAL P R O D U C T
V

20

'A W

v

G ross domestic investn
investm «| plus balance on current account (NIPAs)

A

i s '- '

/

\

, - \
_ A '_

^

15

G ross private domestic investment

20

-

15

-

10

y —

\J

|*v

/ N

a

v/

/' —

v v

1C Gross government investment

5 -

*****« » _
Balance on current account

-5

-1 0

1

I

62

I

I

64

I

I

66

I

I

68

I

I

70

I

I

72

I
74

I

I
76

I

I

I

78

I

I

80

I

I

82

I

I

84

I

I

86

I

I

88

I

I

90

I
92

I

I

I

94

I

I

96

I

I

98

I

I

00

I

I

02

I
04

I

I
06

I

-10

~

I
08

10

Percent
Dec

Nov

Nov

Mar

Jan Jly Jly

Nov

Jly Mar

M ar Nov

Dec

Jun

60
S H A R E S O F G R O S S PRIVATE D O M E S T IC F IX E D IN V E S T M E N T
/
/

50

. . . —

/ — v
/

~

V

.

ffpp

/ —J

s

Nonresidential equipment and software

'

/

f

60

/

/

50

N - —
\ _ __ /

40

-

Residential investment

30

x

V

<"

✓

30

40

\

20

-

20

-

10

Nonresidential structures
10 -

i

62

i

i

64

i

i

i

66

U.S. Bureau of Economic Analysis




i

68

i

i

70

i

i

72

i

I

74

........................... i

76

78

l

80

l

i

82

i

84

i

i

86

I

I

I

88

.........!'

90

I

I

92

I

i

94

i

i

96

i

i

98

i

i

00

i

i

02

i

i

04

i

i

06

i

i

08

r

10

D -5 8

N a t io n a l D a t a

N ovem ber 2010

SELECTED NIPA SERIES

S H A R E S O F N A T IO N A L IN C O M E

2009

1962

W a ge and salary

Supplements to w ages

W age and salary

Supplements to w ages

salaries, 5.3%

accruals, 51.2%

and salaries, 12.2%

accruals, 56.6%
Proprietors’ income,

Proprietors’ income, 10.5%

8.5%

Rental income
Rental income

of persons, 2.2%

of persons, 3.5%

'Corporate profits, 10.7%
Corporate profits, 11.8%

Net interest and misc. payments,

interest and misc. payments, 2.7%

6 .4 %
Other, 0.2%

Taxes on production and imports, 9.5%

Other 0 5 %

Taxes on production and imports, 8.3%

S H A R E S O F G R O S S D O M E S T IC P R O D U C T B Y S E C T O R

2009

1962

B usiness 74.

Business, 79.2%

Households, 7.5%
Households, 6.3%
Nonprofit institutions
Nonprofit institutions serving

serving households,
5.4%

households, 2.4%

General government,

General government,

federal, 3.9%

federal 6.2%

General government,

General government,

state and local, 8.4%

state and local 5.8%

S H A R E S O F G R O S S D O M E S T IC P U R C H A S E S

2009

1962
Personal consumption

Personal consumption

expenditures, 62.5%

expenditures, 68.9%
Private nonresidential
Private nonresidential

investment, 8.7%

investment, 10.2%
Private residential
Private residential

investment, 2.5%

investment, 5.0%
Federal government,'
7 .8%

Federal government,* 12.9%
State and local
government,* 12.2%
State and local government,* 9.4%
‘Consumption expenditures and gross investment

U.S. Bureau of Economic Analysis




N ovem ber 2 0 1 0

SELECTED NIPA SERIES




S u r v e y o f C u r r e n t B u sin e ss

D -5 9

D -6 0

N ovem ber 2010

N a tio n a l D a t a

SELECTED NIPA SERIES
P e rc e n t
Dec

Nov

Nov

Mar

Ja n JIyJly

Nov

Jly Mar

Mar Nov

Dec

Jun

20
P R O F IT M A R G IN , D O M E S T IC N O N F IN A N C IA L C O R P O R A T IO N S

16 Before tax
12 -

'Ratio of corporate profits per unit to cost and profit per unit

R a tio

Dec

Nov

Nov

Mar

Jan JIyJly

Nov

Jly Mar

Dec

M ar Nov

Jun

6
IN V E N T O R Y /S A L E S R AT IO S, C U R R E N T D O LLA R *

5

Ratio of private nonfarm inventories to
final sales of goods and structures

»«•»**
Ratio of private inventories to
final sales of domestic business

it - .
Ratio of private nonfarm inventories to
final sales of domestic business

'B a se d on current-dollar estimates of inventories and sales

I I f.....I ""T I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I ..I'" I
62

64

66

68

R a tio

70

Dec

72

Nov

74

Nov

76

78

M ar

80

82

J a n JIyJly

84

86

88

Nov

90

92

94

96

98

Jly Mar

00

02

04

06

M ar Nov

08

Dec

10

Jun

6
IN V E N T O R Y /S A L E S RAT IO S, R E A L *

Ratio of private nonfarm inventories to
final sales of go ods and structures

Ratio of private inventories to
final sales of domestic business
.........v _____,
Ratio of private nonfarm inventories to
final sales of domestic business

'B a se d on chained (2005) dollar estimates of inventories and sales

1

I I I I I I I I I I I I I I I I I I I
62

64

66

Bureau of Economic Analysis




68

70

72

74

76

78

80

l""l I I I I I I I I I I I I I I I
82

84

86

88

90

92

94

96

I 1 I I I I I I I"1"1""!"" I
98

00

02

04

06

08

10

N ovem ber 2 0 1 0

I n d u s t r y

E .

D -6 1

D a t a

I n d u s t r y

T a b le

The statistics in this table were published in tables 3a and 5a in “Annual Industry Accounts: Advance Statistics on GDP
by Industry for 2009 and Revised Statistics for 1998-2008” in the June 2010
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

Chain-type
quantity indexes

Line

Chain-type
price indexes

2007

2008

2009

2007

2008

2009

G ross domestic product...................................

2.1

0.4

-2 .4

2.9

2.1

1.2

Finance, insurance, real estate, rental, and le asing ..................

2.2

1.6

2.4

3.0

Private industries...................................................

2.2

-0.1

-2.6

2.7

2.3

0.5

-1.4

3.2

2.9

3.6

Agriculture, forestry, fishing, and hunting..............
Farm s............................................................
Forestry, fishing, and related activities...................

-5.7
-7.6
1.0

9.5
12.9
-3.2

4.6

27.2
35.2
3.6

M ining...............................................................
Oil and gas extraction.........................................
Mining, except oil and g a s ..................................
Support activities for mining................................

-4 .5
-5.3
-5.3
-0.9

0.3
-5.8
-4.9
30.2

3.7

10.7 26.4 -27.4
7.6 43.6
13.6 17.0
18.9 -12.1

Finance and in suran ce .................................................................
Federal Reserve banks, credit intermediation, and related
activities...................................................................................
Securities, commodity contracts, and investments................
Insurance carriers and related activities..................................
Funds, trusts, and other financial vehicles...............................

-2.8 -3.5
-13.9 -10.7
6.2 17.4
14.9 19.0

2.7
8.9
0.6
-2.4

4.3
9.1
0.7
0.0

2.1
2.1
1.8

2.6
2.4
4.2

1.4 -20.1
0.7
4.3

Utilities.............................................................

3.5

3.2

3.1

1.1

0.1

2.3

Construction......................................................

-3 .9

-3.3

-9.9

5.6

0.0

0.4

4.5 -3.6
4.1
0.3
9.6
0.0
1.0 -6.9
-5.4 -8.2
3.9 -3.4
3.1
1.8
11.1
9.9
-4.4
7.7
-0.3 -6.6
13.9
0.5
-11.9 -10.1
4.4
0.6
5.0 -8.2
6.2 -7.6
4.4 -23.2
-3.3 -3.1
-3.1 -4.6
2.7 -0.3
0.0
2.0
8.3 -15.9
12.7 -9.2

-5.9
-7.5

-1 .0
1.4
-1.4 -2.8
-13.9 -6.0
-0.6 -4.5
6.1
6.3
4.2
3.4
2.2 -0.9
-11.1 -10.1
5.3
1.8
-2.5 -8.8
0.8 -0.1
3.5
0.7
1.8 -0.6
-3.8 -0.4
6.8
-4.1
11.0
-2.2
1.8
-0.2 -2.1
2.6
6.2
-0.7 -3.6
4.6 -0.1
-0.2 12.6
-2.7
2.8

-0.2
-0.8

M anufacturing...................................................
Durable goods..................................................
Wood products.............................................
Nonmetallic mineral products...........................
Primary metals..............................................
Fabricated metal products...............................
Machinery...................................................
Computer and electronic products....................
Electrical equipment, appliances, and components
Motor vehicles, bodies and trailers, and parts.......
Other transportation equipment........................
Furniture and related products.........................
Miscellaneous manufacturing...........................
Nondurable goods............................................
Food and beverage and tobacco products..........
Textile mills and textile product mills...................
Apparel and leather and allied products..............
Paper products.............................................
Printing and related support activities................
Petroleum and coal products............................
Chemical products........................................
Plastics and rubber products...........................

0.6

77

2.5

-0.6

-1.0

3.5

1.2

-2.4

Retail trade........................................................

1.6

-5.2

-4.5

0.4

2.3

1.8

3.0 -2.5
4.9 -6.7
0.3 -10.1
27.4 10.8
3.4 -0.9
1.2 -1.8
17.3
0.7
-2.6 -1.3
4.9 -3.2

-2.8

0.1
-2.1
3.4
-12.6
-2.2
1.5
3.9
3.1
3.4

1.9
0.3
12.4
-7.4
-0.1
1.7
-1.2
3.3
4.2

0.0

-0 .9
-0.2
3.4
-0.7
-6.6

-1 .4
0.0
0.8
-2.4
-1.0

0.2

Information........................................................
Publishing industries (includes software)...............
Motion picture and sound recording industries........
Broadcasting and telecommunications..................
Information and data processing services..............

6.0
9.4
0.9
9.6
-10.5

1.4
-0.4
-2.6
2.2
4.8

1.6

1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance,
real estate, rental, and leasing; professional and business services; educational services, health care, and social




Real estate and rental and le asing ............................................
Real estate..................................................................................
Rental and leasing services and lessors of intangible assets

4.6
4.3
6.4

Professional and business se rvice s.............................................

2008 2009 2007 2008 2009

0.7 -2.3
1.4
-5.6

2.7

1.5

5.2

1.5

Professional, scientific, and technical s e rv ic e s ....................
Legal services..............................................................................
Computer systems design and related services.....................
Miscellaneous professional, scientific, and technical services

2.6
-2.2
11.3
2.2

1.8
-6.5
5.6
3.7

4.8
7.0
-0.2
5.3

2.7
6.1
0.3
2.3

Management o f com panies and e nterprises..........................

-1.3

2.4

A dm inistrative and waste m anagem ent se rvice s .................
Administrative and support services........................................
Waste management and remediation services.......................

5.3
4.6
12.8

0.2
0.3
-1.1

Educational services, health care, and social assistan ce .......

2.0

3.2

Educational se rv ic e s ....................................................................

1.7

2.2

Health care and social a s s is ta n c e ............................................
Ambulatory health care services..............................................
Hospitals and nursing and residential care facilities..............
Social assistance........................................................................

2.1
1.7
2.2
3.8

A rts, entertainm ent, recreation, accom m odation, and food
s e rv ic e s ...........................................................................................

Wholesale 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..................................

2007

3.3

10.4 -0.2 -0 .7
3.1 -0.5
3.2 -0.9
3.1
2.5

1.2

3.9

2.4

3.1

4.8

4.1

5.8

3.3
4.4
2.4
2.3

3.8
4.2
3.4
3.3

2.1
1.6
2.5
2.9

2.7

1.4

-1.3

3.6

2.8

3.2

Arts, entertainm ent, and re cre atio n ..........................................
Performing arts, spectator sports, museums, and related
activities...................................................................................
Amusements, gambling, and recreation industries................

0.8

2.5

3.4

2.1

2.1

3.5
-2.4

-0,7
6.6

4.2
2.4

2.6
1.5

Accom m odation and food se rv ic e s ..........................................
Accommodation..........................................................................
Food services and drinking places...........................................

1.6
2.3
1.4

-2.6 -3 .4
-2.9
-2.4

3.7
4.1
3.6

3.1
1.3
3.8

3.6

Other services, except gove rn m e nt..............................................

2.2

-0.3

3.9

3.9

3.3

G overnm ent.............................................................................................

1.3

2.0

4.3

3.1

2.4

Federal.................................................................................................
General government.......................................................................
Government enterprises................................................................

0.3
0.8
-2.9

2.7
3.9
-6.6

4.5
4.7
3.7

2.0
2.0
2.1

2.3

State and lo c a l...................................................................................
General government.......................................................................
Government enterprises................................................................

1.8
1.7
2.6

1.8
1.4
5.7

4.2
4.4
2.2

3.5
3.6
2.1

2.4

Addenda:
Private goods-producing industries1................................................
Private services-producing industries2.............................................
Information-communications-technology-producing industries 3...

1.1
2.5
7.6

-2.5
0.6
5.4

0.1

2.8
3.3 -4.4
2.7 2.1
1.9
-5.0 -3.6 -3.2

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 -6 2

N ovem ber 2 0 1 0

In te rn a tio n a l D ata
F .

T r a n s a c t i o n s

S e le c t e d

U . S .

in t e r n a t io n a l

T a b l e s

i n t e r n a t io n a l
t r a n s a c t io n s ,

t r a n s a c t i o n s
v i s it

B E A

s

W

t a b le s
e b

s it e

a r e
a t

w

p r e s e n t e d
w w

i n

t h is

s e c t io n .

F o r

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’s

f u ll

s e t

o f

d e t a ile d

e s t im

a t e s

o f

U . S .

. b e a . g o v .

Table F.1. U.S. International Transactions in Goods and Services
[Millions of dollars, monthly estimates seasonally adjusted]
2009

E xports o f g oods and s e rv ic e s .............................................
G o o d s ......................................................................................
Foods, feeds, and beverages................................
Industrial supplies and materials............................
Capital goods, except automotive..........................
Automotive vehicles, parts, and engines..................
Consumer goods (nonfood), except automotive.........
Other goods......................................................
Adjustments 1....................................................
Services
Travel
Passenger fares................................................
Other transportation...........................................
Royalties and license fees....................................
Other private services.........................................
Transfers under U.S. military agency sales contracts 2
U.S. government miscellaneous services.................

2010

2008

2009
Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

March

April

May

June

July

Aug. '

Sept. p

1,839,012

1,570,797

130,350

134,180

138,094

138,997

143,353

144,512

144,368

150,035

148,830

152,575

150,570

153,533

153,595

154,095

1,304,896 1,068,499
108,349
93,908
388,033
296,709
457,655
390,461
121,451
81,715
161,292
150,044
50,662
43,206
17,454
12,456

88,611
7,742
25,808
30,969
7,399
12,335
3,353
1,005

92,014
7,420
26,995
32,736
7,592
12,712
3,579
981

95,217
7,855
27,447
33,455
7,916
13,619
4,041
883

95,729
8,940
26,958
33,539
8,310
12,915
3,628
1,439

99,631
8,965
28,277
35,090
8,818
13,153
4,001
1,326

100,382
8,924
29,106
34,881
8,996
13,641
3,895
938

100,156
8,467
29,619
35,011
9,007
13,170
3,960
920

105,102
8,540
31,744
36,002
9,142
13,916
5,073
685

104,114
7,892
32,329
36,002
9,270
13,182
4,513
926

107,105
7,859
32,858
37,993
9,407
13,522
4,483
983

104,893
7,553
31,842
36,572
9,672
13,647
4,724
883

107,659
7,513
32,404
38,830
9,264
13,643
5,205
800

107,535
8,723
32,927
37,365
9,389
13,678
4,546
908

107,559
9,166
32,053
37,641
9,262
13,827
4,946
665

41,739
7,780
2,188
2,925
7,081
19,798
1,851
115

42,165
7,843
2,169
3,017
7,278
20,002
1,738
119

42,877
7,992
2,094
3,037
7,966
20,368
1,297
122

43,268
7,926
2,089
3,220
8,211
20,497
1,199
126

43,723
8,051
2,173
3,114
8,353
20,690
1,213
129

44,130
8,265
2,289
3,167
8,087
20,727
1,427
167

44,212
8,245
2,376
3,241
7,991
20,785
1,420
154

44,933
8,496
2,502
3,283
8,060
21,064
1,396
133

44,715
8,294
2,483
3,278
8,154
20,908
1,489
109

45,471
8,456
2,581
3,316
8,235
21,264
1,516
103

45,678
8,548
2,630
3,403
8,283
21,206
1,501
106

45,874
8,815
2,754
3,344
8,330
21,067
1,454
109

46,060
8,821
2,674
3,346
8,377
21,262
1,457
123

46,536
9,002
2,744
3,347
8,417
21,430
1,452
144

534,116
109,976
31,404
43,714
93,920
238,932
14,936
1,234

502,298
93,917
26,424
35,406
89,791
238,332
17,096
1,333

Im ports o f g oods and s e rv ic e s .............................................

2,537,814 1,945,705

161,421

169,343

170,396

174,270

180,485

179,352

184,279

189,734

188,875

194,369

200,333

196,115

200,073

198,098

G o o d s ......................................................................................
Foods, feeds, and beverages................................
Industrial supplies and materials............................
Capital goods, except automotive..........................
Automotive vehicles, parts, and engines..................
Consumer goods (nonfood), except automotive.........
Other goods......................................................
Adjustments 1....................................................

2,139,548 1,575,443
88,997
81,604
779,481
462,512
453,743
369,336
231,242
157,629
481,643
428,379
68,536
60,165
35,907
15,818

130,716
6,698
37,561
30,274
14,617
35,155
4,844
1,566

138,282
6,679
42,671
31,139
15,650
35,514
5,256
1,373

139,193
6,843
41,020
32,023
15,998
36,679
4,989
1,641

142,792
6,725
43,353
32,609
16,098
37,520
4,917
1,571

148,713
6,919
47,446
33,718
17,026
36,958
5,122
1,524

147,634
7,267
46,713
33,524
16,750
36,464
5,097
1,818

151,823
7,227
49,344
33,903
16,045
38,315
5,213
1,775

157,504
7,510
52,055
34,400
17,620
38,910
5,137
1,873

156,866
7,505
52,204
35,961
17,348
37,382
4,638
1,827

161,744
7,714
50,088
37,883
19,500
39,991
4,668
1,899

167,115
7,739
49,880
38,272
20,788
43,103
5,258
2,075

162,742
7,642
49,367
37,715
20,012
41,138
4,913
1,956

166,657
7,795
49,606
38,605
20,666
42,557
5,345
2,082

164,431
7,810
49,670
39,894
19,291
40,694
5,026
2,046

30,705
6,181
2,153
3,177
2,035
14,176
2,577
406

31,061
6,185
2,140
3,330
2,063
14,349
2,577
417

31,203
6,127
2,144
3,268
2,182
14,475
2,562
445

31,478
6,130
2,200
3,409
2,226
14,497
2,561
455

31,772
6,091
2,234
3,592
2,255
14,574
2,566
460

31,718
6,269
2,205
3,603
2,295
14,366
2,571
408

32,456
6,180
2,154
3,738
3,044
14,371
2,574
396

32,230
6,202
2,279
3,946
2,323
14,513
2,576
391

32,009
5,946
2,219
3,956
2,351
14,562
2,576
398

32,625
6,118
2,402
4,101
2,381
14,646
2,576
402

33,218
6,232
2,424
4,346
2,581
14,654
2,574
408

33,373
6,439
2,476
4,341
2,451
14,683
2,571
413

33,416
6,426
2,414
4,404
2,446
14,739
2,567
420

33,667
6,541
2,473
4,338
2,466
14,858
2,562
429

-42,105 -46,268
11,033
11,104
-31,072 -35,164

-43,976
11,674
-32,302

-47,063 -49,082
11,790
11,950
-35,273 -37,132

-47,252
12,412
-34,840

-51,667
11,756
-39,912

-52,402
12,703
-39,699

-52,752
12,706
-40,045

-54,639
12,846
-41,794

-62,222
12,460
-49,762

-55,084
12,501
-42,583

-59,121
12,644
-46,477

-56,872
12,869
-44,003

S ervices..................................................................................
Travel..............
Passenger fares..
Other transportation...........................................
Royalties and license fees....................................
Other private services.........................................
Direct defense expenditures2...............................
U.S. government miscellaneous services.................

398,266
79,726
32,563
53,702
25,781
173,686
28,311
4,497

370,262
73,230
25,980
41,586
25,230
168,892
30,474
4,871

Memoranda:
Balance on goods..................................................
Balance on services...............................................
Balance on goods and services................................

-834,652
135,850
-698,802

-506,944
132,036
-374,908

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.




S u r v e y o f C u r r e n t B u sin e ss

N ovem ber 2 0 1 0

D -6 3

Table F.2. U.S. International Transactions
[Millions of dollars]
Not seasonally adjusted
Line

(Credits +; debits -)

2009

Seasonally adjusted

2009
I

II

2010
III

IV

Ir

2009
I

II »

2010
III

II

I r

IV

II

p

Current account
1 Exports of goods and services and income receipts................................

2,159,000

510,070

522,236

543,188

583,506

587,045

616,998

521,735

520,110

540,729

576,426

600,182

613,859

2

Exports of goods and services...................................................

1,570,797

368,330

378,017

395,717

428,734

428,887

452,384

378,378

377,829

394,145

420,444

438,914

451,977

3

Goods, balance of payments basis...........................................

1,068,499

249,071

254,698

267,099

297,632

299,404

317,763

255,044

254,021

268,858

290,576

305,640

316,112

4
5

Services..........................................................................
Transfers under U.S. military agency sales contracts...................

502,298
17,096

119,259
3,381

123,319
4,561

128,618
5,445

131,102
3,709

129,483
4,242

134,620
4,506

123,334
3,381

123,808
4,561

125,287
5,445

129,868
3,709

133,274
4,242

135,865
4,506

6
7
8

Travel..........................................................................
Passenger fares.............................................................
Other transportation.........................................................

93,917
26,424
35,406

20,712
6,632
8,307

23,803
6,357
8,620

27,190
7,165
8,935

22,212
6,269
9,544

21,907
6,783
9,366

26,007
7,468
10,018

23,631
7,035
8,652

23,006
6,534
8,549

23,311
6,498
8,834

23,969
6,356
9,371

25,006
7,167
9,691

25,298
7,694
9,998

9
10
11

Royalties and license fees...........
Other private services................
U.S. government miscellaneous services................................

89,791
238,332
1,333

19,610
60,314
302

24,310
55,359
309

20,073
59,466
345

25,798
63,193
377

22,507
64,223
454

26,335
59,969
318

21,502
58,831
302

22,363
58,487
309

21,396
59,458
345

24,530
61,555
377

24,138
62,576
454

24,672
63,379
318

12
13
14
1b
1b
1/

Income receipts..............................
Income receipts on U.S.-owned assets abroad.............................
Direct investment receipts...........
Other private receipts................
U.S. government receipts...................................................
Compensation of employees..................................................

588,203
585,256
346,073
234,458
4,724
2,947

141,741
141,003
73,778
64,788
2,436
738

144,219
143,481
84,320
58,080
1,081
738

147,471
146,743
90,516
55,506
721
728

154,772
154,029
97,459
56,084
486
743

158,158
157,399
101,058
55,981
360
759

164,614
163,835
105,986
57,557
292
779

143,356
142,618
75,363
64,788
2,467
738

142,281
141,543
82,354
58,080
1,109
738

146,584
145,855
89,626
55,506
723
728

155,982
155,239
98,730
56,084
425
743

161,268
160,509
104,130
55,981
398
759

161,883
161,104
103,224
57,557
323
779

18 Imports of goods and services and income payments.............................

-2,412,489

-560,144

-575,903

-620,591

-655,850

-642,794

-705,148

-587,564

-574,265

-604,594

-646,066

-674,473

-704,274

19

Imports of goods and services...................................................

-1,945,705

-443,865

-458,934

-507,905

-535,001

-524,111

-583,559

-468,817

-458,270

-493,467

-525,152

-553,365

-583,577

20

Goods, balance of payments basis...........................................

-1,575,443

-356,380

-365,763

-412,108

-441,193

-433,087

-483,587

-376,241

-367,528

-400,977

-430,698

-456,961

-485,725

21
22

Services..........................................................................
Direct defense expenditures...............................................

-370,262
-30,474

-87,486
-7,395

-93,171
-7,662

-95,797
-7,728

-93,808
-7,689

-91,023
-7,721

-99,972
-7,726

-92,576
-7,395

-90,742
-7,662

-92,490
-7,728

-94,454
-7,689

-96,404
-7,721

-97,852
-7,726

23
24
2b

Travel..........................................................................
Passenger fares....
Other transportation

-73,230
-25,980
-41,586

-16,160
-6,458
-10,667

-20,138
-6,661
-10,145

-20,988
-6,710
-10,369

-15,944
-6,151
-10,405

-16,070
-6,324
-10,642

-20,610
-7,554
-12,269

-18,702
-6,784
-11,295

-17,721
-6,163
-10,141

-18,459
-6,455
-9,880

-18,348
-6,578
-10,269

-18,651
-6,638
-11,287

-18,296
-7,045
-12,404

26
2/
28

Royalties and license fees..................................................
Other private services......................................................
U.S. government miscellaneous services................................

-25,230
-168,892
-4,871

-5,728
-39,940
-1,138

-6,289
-41,124
-1,152

-6,054
-42,728
-1,220

-7,159
-45,100
-1,360

-7,322
-41,750
-1,194

-7,092
-43,513
-1,208

-5,988
-41,274
-1,138

-6,442
-41,461
-1,152

-6,137
-42,611
-1,220

-6,663
-43,546
-1,360

-7,662
-43,250
-1,194

-7,312
-43,861
-1,208

29
30
31
32
33
34

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..................................................

-466,783
-456,027
-94,010
-218,020
-143,997
-10,757

-116,279
-113,590
-11,221
-63,460
-38,909
-2,689

-116,969
-114,452
-23,939
-54,146
-36,367
-2,517

-112,686
-110,112
-25,000
-50,473
-34,639
-2,574

-120,849
-117,873
-33,850
-49,941
-34,082
-2,976

-118,684
-115,891
-32,730
-48,426
-34,735
-2,793

-121,589
-118,894
-33,341
-49,925
-35,628
-2,695

-118,747
-116,032
-13,663
-63,460
-38,909
-2,715

-115,995
-113,323
-22,810
-54,146
-36,367
-2,673

-111,127
-108,460
-23,348
-50,473
-34,639
-2,667

-120,914
-118,212
-34,189
-49,941
-34,082
-2,702

-121,108
-118,304
-35,143
-48,426
-34,735
-2,804

-120,697
-117,833
-32,280
-49,925
-35,628
-2,865

35 Unilateral current transfers, net
36
U.S. government grants....
3/
U.S. government pensions and other transfers................................
38
Private remittances and other transfers.........................................

-124,943
-41,638
-8,874
-74,431

-30,142
-8,641
-1,842
-19,659

-29,481
-10,969
-1,832
-16,681

-34,174
-13,067
-2,684
-18,423

-31,146
-8,962
-2,516
-19,668

-36,046
-12,311
-2,587
-21,147

-31,205
-10,112
-1,571
-19,522

-29,747
-8,641
-2,180
-18,927

-30,292
-10,969
-2,222
-17,101

-33,638
-13,067
-2,233
-18,338

-31,268
-8,962
-2,241
-20,065

-34,867
-12,311
-2,548
-20,008

-32,868
-10,112
-2,585
-20,170

-140

-20

-29

-36

-56

-3

-1

-20

-29

-36

-56

-3

-1

Capital account
39 Capital account transactions, net................................................................
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives (increase/
financial outflow ( - ) ) ..................................................................................

-140,465

107,054

26,351

-283,801

9,930

-305,061

-147,678

112,726

31,734

-276,241

-8,685

-301,389

-139,056

41
42
43
44
4b

U.S. official reserve assets........................................................
Gold..................................................
Special drawing rights.............................
Reserve position in the International Monetary Fund......................
Foreign currencies.................................

-52,256
0
-48,230
-3,357
-669

-982
0
-15
-754
-213

-3,632
0
-8
-3,485
-139

-49,021
0
-47,720
-1,098
-203

1,379
0
-487
1,980
-114

-773
0
-7
-581
-185

-165
0
-6
-77
-82

-982
0
-15
-754
-213

-3,632
0
-8
-3,485
-139

-49,021
0
-47,720
-1,098
-203

1,379
0
-487
1,980
-114

-773
0
-7
-581
-185

-165
0
-6
-77
-82

46
47
48
49

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...............

541,342
-4,069
2,133
543,278

244,102
-240
484
243,858

193,750
-1,947
432
195,265

57,736
-616
534
57,818

45,754
-1,266
683
46,337

9,433
-1,247
399
10,281

-2,352
-1,709
662
-1,305

244,102
-240
484
243,858

193,750
-1,947
432
195,265

57,736
-616
534
57,818

45,754
-1,266
683
46,337

9,433
-1,247
399
10,281

-2,352
-1,709
662
-1,305

50
51
52
53

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...............

-629,552
-268,680
-208,213

-136,066
-50,817
-29,176

-163,767
-67,449
-86,725

-292,516
-85,873
—46,823

-37,203
-64,541
-45,489

-313,720
-106,612
-46,147

-145,162
-90,099
-20,665

-130,394
-45,145
-29,176

-158,384
-62,066
-86,725

-284,956
-78,313
-46,823

-55,817
-83,155
-45,489

-310,048
-102,940
-46,147

-136,539
-81,476
-20,665

124,428
-277,087

2,717
-58,790

22,161
-31,754

83,302
-243,122

16,248
56,579

10,821
-171,782

-17,905
-16,493

2,717
-58,790

22,161
-31,754

83,302
-243,122

16,248
56,579

10,821
-171,782

-17,905
-16,493

54

55 Foreign-owned assets in the United States, excluding financial
derivatives (increase/financial inflow (+))...............................................

305,736

-113,843

-26,060

344,720

100,919

318,242

178,193

-111,916

-28,348

342,385

103,615

320,217

175,642

56
5/
58
59
60
61
62

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................................

450,030
441,056
561,125
-120,069
57,971
-70,851
21,854

107,912
145,512
163,809
-18,297
2,534
-44,928
4,794

128,667
120,776
149,213
-28,437
685
-4,900
12,106

96,616
73,293
123,675
-50,382
53,455
-33,735
3,603

116,835
101,475
124,428
-22,953
1,297
12,712
1,351

72,507
83,384
89,654
-6,270
4,060
-15,968
1,031

49,645
44,168
24,549
19,619
2,515
3,612
-650

107,912
145,512
163,809
-18,297
2,534
-44,928
4,794

128,667
120,776
149,213
-28,437
685
-4,900
12,106

96,616
73,293
123,675
-50,382
53,455
-33,735
3,603

116,835
101,475
124,428
-22,953
1,297
12,712
1,351

72,507
83,384
89,654
-6,270
4,060
-15,968
1,031

49,645
44,168
24,549
19,619
2,515
3,612
-650

63
64
65
66
6/
68

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.............

-144,294
134,707
22,781
59
12,632

-221,755
3,939
46,084
-67,781
11,816

-154,727
33,812
-29,321
-221
-1,935

248,104
58,138
-9,203
47,708
4,179

-15,916
38,818
15,221
20,353
-1,428

245,735
49,593
103,092
6,077
2,265

128,548
29,727
99,026
-5,723
2,100

-219,828
5,866
46,084
-67,781
11,816

-157,015
31,524
-29,321
-221
-1,935

245,769
55,803
-9,203
47,708
4,179

-13,220
41,514
15,221
20,353
-1,428

247,710
51,568
103,092
6,077
2,265

125,997
27,176
99,026
-5,723
2,100

-1,460
-313,013

-11,614
-204,199

26,564
-183,626

8,572
138,710

-24,982
-63,898

20,877
63,831

15,368
-11,950

-11,614
-204,199

26,564
-183,626

8,572
138,710

-24,982
-63,898

20,877
63,831

15,368
-11,950

70 Financial derivatives, net...............................................................................

50,804

7,221

11,275

11,496

20,812

15,838

n.a.

7,221

11,275

11,496

20,812

15,838

n.a.

71 Statistical discrepancy (sum of above items with sign reversed)............

162,497

79,803

71,611

39,198

-28,115

62,779

1 88,841

87,565

69,815

19,899

-14,779

74,494

1 86,697

7,761

-1,796

-19,298

13,336

11,715

-2,144

-506,944
132,036
-374,908
121,419
-124,943
-378,432

-107,309
31,773
-75,536
25,462
-30,142
-80,215

-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

-165,823
34,648
-131,176
43,026
-31,205
-119,355

-121,197
30,758
-90,439
24,609
-29,747
-95,577

-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

-169,613
38,013
-131,600
41,185
-32,868
-123,283

69

71a

Of which: Seasonal adjustment discrepancy...................................

72
/3
74
/b
/6
77

Memoranda:
Balance on goods (lines 3 and 20)..................................................
Balance on services (lines 4 and 21)...............................................
Balance on goods and services (lines 2 and 19)..................................
Balance on income (lines 12 and 29)...............................................
Unilateral current transfers, net (line 35)...........................................
Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)

p Preliminary
r Revised
1. Calculated excluding financial derivatives, net (line 70).




D -6 4

N ovem ber 2 0 1 0

In te r n a tio n a l D a t a

Table F.3. U.S. International Transactions, by Area— Continues
[Millions of dollars]
European Union

Europe
Line

Euro area

United Kingdom

(Credits +; debits -)
2010:1 r

2010:11

2010:1 r

p

2010:11

2010:1 r

p

2010:11

2010:1 r

p

2010:11

p

Current account
1 Exports of goods and services and income receipts....................................................

186,648

197,247

158,164

166,550

109,286

115,415

38,758

40,697

2

Exports of goods and services..................................................................

115,536

124,025

98,128

104,593

66,155

71,321

24,633

25,724

3

Goods, balance of payments basis..........................................................

68,312

71,221

58,214

59,553

41,739

43,838

12,632

11,990

4
5

Services.........................................................................................
Transfers under U.S. military agency sales contracts.................................

47,224
415

52,804
432

39,913
228

45,040
262

24,416
117

27,482
160

12,001
92

13,734
75

6
7
8

Travel.........................................................................................
Passenger fares.
Other transportation.......................................................................

5,327
1,674
3,587

8,268
2,554
3,869

4,729
1,483
3,066

7,512
2,287
3,314

2,715
858
1,702

4,250
1,287
1,809

1,479
509
811

2,522
793
917

9
10
11

Royalties and license fees................................................................
Other private services.....................................................................
U.S. government miscellaneous services...............................................

11,051
25,045
125

12,506
25,084
90

8,610
21,690
107

9,731
21,858
75

6,917
12,036
71

7,769
12,165
42

1,150
7,938
22

1,334
8,072
21

12
13
14
15
16
17

Income receipts...................................................................................
Income receipts on U.S.-owned assets abroad...........................................
Direct investment receipts................................................................
Other private receipts,.
U.S. government receipts
Compensation of employees.................................................................

71,113
70,994
46,768
24,042
184
118

73,222
73,098
48,998
24,030
70
124

60,037
59,942
38,795
20,975
172
95

61,957
61,857
40,806
20,987
64
99

43,131
43,056
30,870
12,014
172
75

44,094
44,017
31,953
12,002
62
77

14,124
14,097
6,289
7,808
0
27

14,973
14,945
7,165
7,780
0
28

18 Imports of goods and services and income payments.................................................

-179,502

-196,924

-153,047

-165,636

-104,065

-115,812

-38,438

-37,163

19

Imports of goods and services..................................................................

-122,631

-138,740

-103,429

-115,674

-74,539

-82,778

-21,136

-23,107

20

Goods, balance of payments basis..........................................................

-86,964

-96,156

-73,452

-79,601

-55,965

-60,352

-12,063

-12,420

21
22

Services.........................................................................................
Direct defense expenditures..............................................................

-35,667
-3,189

-42,584
-3,179

-29,976
-2,926

-36,073
-2,916

-18,575
-2,675

-22,426
-2,680

-9,073
-236

-10,687
-236

-3,048
-2,433
-4,293

-6,919
-3,595
-4,997

-2,721
-2,220
-3,426

-6,151
-3,276
-3,950

-1,861
-1,387
-2,127

-4,204
-2,052
-2,422

-714
-763
-561

-1,480
-1,042
-641

23
24
25

Travel......................
Passenger fares.........
Other transportation

26
27
28

Royalties and license fees.................................................................
Other private services
U.S. government miscellaneous services...............................................

-3,969
-18,143
-591

-4,156
-19,119
-619

-3,076
-15,185
-423

-3,213
-16,164
-403

-1,996
-8,219
-310

-2,092
-8,674
-302

-668
-6,086
-46

-694
-6,547
-46

29
30
31
32
33
34

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.................................................................

-56,871
-56,666
-24,218
-27,092
-5,356
-205

-58,184
-58,017
-24,722
-27,525
-5,770
-167

-49,618
-49,463
-21,466
-24,417
-3,580
-155

-49,961
-49,832
-21,213
-24,744
-3,875
-129

-29,526
-29,419
-11,511
-15,226
-2,682
-107

-33,034
-32,942
-14,928
-15,324
-2,690
-93

-17,302
-17,269
-8,230
-8,584
-455
-33

-14,056
-14,028
-4,480
-8,792
-756
-29

35 Unilateral current transfers, net
36
U.S. government grants........
37
U.S. government pensions and other transfers...............................................
38
Private remittances and other transfers.......................................................

-2,691
-421
-502
-1,768

-2,328
-409
-516
-1,403

-978
-43
-468
-466

-859
-33
-480
-346

-770
-8
-354
-408

-599
-3
-350
-246

-28
0
-75
47

-78
0
-76
-2

0

0

0

0

0

0

0

0

-83,818

62,125

-92,092

71,448

29,058

43,377

-112,454

33,527

-152
0

-56
0

-144
0

-47
0

-144
0

-47
0

0
0

0
0

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
............ ......................................

-152

-56

-144

-47

-144

-47

46
47
48
49

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.............................

6,479
-44
47
6,476

-1,188
-160
44
-1,072

6,530
-8
27
6,511

-1,161
-125
10
-1,046

6,533
0
27
6,506

-1,022
0
10
-1,032

1
0
0
1

0
0
0
0

50
51
52
53
54

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.............................

-90,145
-56,997
-20,557
-3,928
-8,663

63,368
-45,706
6,196
-15,803
118,681

-98,478
-58,775
-24,166
-4,524
-11,013

72,656
-39,510
622
-15,913
127,457

22,669
-32,633
-24,938
22,055
58,185

44,446
-29,209
-20,064
12,096
81,623

-112,455
-24,812
4,974
-28,408
-64,209

33,527
-10,663
18,837
-28,505
53,858

55 Foreign-owned assets in the United States, excluding financial derivatives
(increase/financial inflow (+)).......................................................................................

149,313

109,661

159,278

63,507

7,198

27,030

137,340

33,585

4,088
(')
(')
(')
252
(')
(1)
145,225
42,528
10,143
-11,734
n.a.
24,704
79,584

32,875
(')
0
(’)
639
(1)
(1)
76,786
15,893
66,530
-2,513
n.a.
-16,988
13,864

(2)
(2)
(2)
(2)
136
(2)
(2)

(2)
(2)
(2)
(2)
266
(2)
(2)

(2)
(2)
(2)
(2)
35
(2)
(2)

(2)
(2)
(2)
(2)
-38
(2)
(2)

(2)
(2)
(2)
(2)
71
(2)
(2)

(2)
(2)
(2)
(2)
228
(2)
(2)

(2)
38,729
(2)
-12,060
n.a.
24,876
2107,597

(2)
9,317
(2)
-3,963
n.a.
-18,211
276,098

(2)
20,486
(2)
-5,275
n.a.
-69
2-7,979

(2)
17,664
(2)
-8,994
n.a.
-6,253
224,651

(2)
10,779
(2)
-6,084
n.a.
25,076
2107,498

(2)
-2,863
(2)
6,053
n.a.
-11,823
241,990

56
57
58
59
60
61
62

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.........

63
64
65
66
67
68
69

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...........................

70 Financial derivatives, net..................................................................................................

13,652

n.a.

11,276

n.a.

1,931

n.a.

9,823

n.a.

71 Statistical discrepancy (sum o f above items with sign reversed)...............................

-83,603

4-169,781

-82,602

4-135,010

-42,639

4-69,410

-35,001

4-70,567

Memoranda:
Balance on goods (lines 3 and 20).................................................................
Balance on services (lines 4 and 21)
Balance on goods and services (lines 2 and 19).................................................
Balance on income (lines 12 and 29)
Unilateral current transfers, net (iine 35)..........................................................
Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)....................

-18,652
11,557
-7,095
14,241
-2,691
4,455

-24,934
10,219
-14,715
15,038
-2,328
-2,005

-15,238
9,937
-5,301
10,418
-978
4,140

-20,048
8,966
-11,081
11,995
-859
55

-14,226
5,841
-8,385
13,606
-770
4,451

-16,514
5,057
-11,457
11,060
-599
-996

569
2,928
3,497
-3,177
-28
292

-430
3,047
2,617
916
-78
3,455

72
73
74
75
76
77

p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/-)
1. Details not shown separately; see totals in lines 56 and 63.




2. Details not shown separately are included in line 69.
3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for
China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific.
4. Calculated excluding financial derivatives, net (line 70).

S u r v e y o f C u r r e n t B u sin e ss

N ovem ber 2 0 1 0

D -6 5

Table F.3. U.S. International Transactions, by Area—Continues
[Millions of dollars]
Latin America and Other
Western Hemisphere

Canada
Line

(Credits +; debits -)
2010:11

2010:1 '

2010:1r

p

2010:11

Mexico
2010:1r

p

Australia

Asia and Pacific

2010:11

2010:1 r

p

2010:11

2010:11

2010:1 r

p

p

Current account
1 Exports of goods and services and income receipts....................................................

81,888

89,783

122,611

131,693

45,773

49,105

152,571

154,477

12,513

14,065

2

Exports of goods and services..................................................................

70,341

77,570

92,191

98,983

42,530

45,497

124,342

124,749

7,978

8,662

3

Goods, balance of payments basis..........................................................

58,125

64,847

69,002

74,907

37,173

40,074

85,909

88,167

5,018

5,399

4
5

Services.........................................................................................
Transfers under U.S. military agency sales contracts.................................

12,217
27

12,723
64

23,188
287

24,076
382

5,357
4

5,423
6

38,432
2,450

36,583
2,488

2,960
85

3,263
90

6
7
8

Travel.........................................................................................
Passenger fares...
Other transportation

4,248
1,137
717

4,556
1,170
761

5,191
1,971
1,324

5,783
2,012
1,343

1,382
693
267

1,479
543
284

6,262
1,817
3,121

6,351
1,498
3,403

618
137
108

838
124
121

9
10
11

Royalties and license fees................................................................
Other private services.....................................................................
U.S. government miscellaneous services...............................................

1,596
4,450
41

1,899
4,233
39

2,126
12,239
50

2,479
12,027
50

448
2,556
8

521
2,581
8

7,365
17,221
197

9,015
13,726
103

476
1,525
11

555
1,527
8

12
13
14
15
16
1/

Income receipts...................................................................................
Income receipts on U.S.-owned assets abroad...........................................
Direct investment receipts................................................................
Other private receipts......................................................................
U.S. government receipts.................................................................
Compensation of employees................................................................

11,547
11,507
6,860
4,646
1
40

12,213
12,168
7,277
4,891
0
45

30,420
30,363
19,414
10,934
15
57

32,710
32,651
20,916
11,656
79
59

3,243
3,234
2,392
836
6
9

3,609
3,599
2,633
946
20
9

28,229
28,124
18,849
9,202
73
105

29,728
29,621
19,766
9,775
80
107

4,535
4,528
1,904
2,624
0
7

5,402
5,395
2,696
2,699
0
8

18 Imports of goods and services and income payments................................................

-79,717

-84,502

-119,004

-127,122

-59,743

-64,736

-213,565

-240,847

-5,269

-5,528

19

Imports of goods and services..................................................................

-73,156

-79,538

-104,066

-111,068

-57,109

-61,867

-179,116

-204,457

-3,550

-3,638

20

Goods, balance of payments basis.........................................................

-67,909

-73,087

-84,307

-91,657

-53,153

-58,531

-155,776

-179,856

-2,019

-2,164

21
22

Services.........................................................................................
Direct defense expenditures..............................................................

-5,247
-65

-6,451
-65

-19,759
-72

-19,410
-72

-3,956

-3,336

-4

-4

-23,340
-2,080

-24,602
-2,105

-1,531
-54

-1,474
-54

23
24
25

Travel................
Passenger fares...
Other transportation.......................................................................

-925
-120
-989

-1,789
-131
-1,106

-6,391
-764
-1,073

-5,881
-846
-1,108

-2,821
-192
-158

-2,191
-159
-154

-4,324
-2,407
-3,841

-4,331
-2,304
-4,579

-378
-221
-56

-311
-169
-61

26
27
28

Royalties and license fees................................................................
Other private services.....................................................................
U.S. government miscellaneous services...............................................

-240
-2,805
-104

-245
-3,013
-102

-49
-11,255
-154

-50
-11,299
-155

-25
-710
-47

-25
-756
-47

-2,241
-8,246
-201

-2,381
-8,704
-197

-110
-691
-21

-115
-740
-24

29
30
31
32
33
34

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..

-6,560
-6,396
-3,736
-2,179
-481
-165

-4,964
-4,811
-1,859
-2,310
-642
-153

-14,938
-13,090
160
-9,937
-3,313
-1,848

-16,055
-14,038
-404
-10,384
-3,250
-2,016

-2,633
-840
-120
-264
-456
-1,793

-2,869
-891
-156
-285
-450
-1,978

-34,449
-33,938
-3,700
-6,269
-23,969
-511

-36,389
-36,066
-5,121
-6,569
-24,376
-324

-1,719
-1,713
-874
-698
-141
-7

-1,890
-1,885
-1,028
-737
-120
-5

35 Unilateral current transfers, net...
U.S. government grants..........................................................................
36
37
U.S. government pensions and other transfers...............................................
Private remittances and other transfers.......................................................
38

-803
0
-174
-629

-757
0
-176
-581

-8,013
-738
-218
-7,057

-8,256
-1,061
-225
-6,970

-3,238
-91
-3,078

-3,368
-215
-93
-3,060

-8,706
-3,493
-241
-4,972

-7,993
-3,568
-252
-4,173

-139
0
-23
-116

-141
0
-25
-116

0

0

-2

0

0

0

0

0

0

0

-G9

Capital account
39 Capital account transactions, net....................................................................................
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives
(increase/financial outflow ( - ) ) ....................................................................................

-46,401

-12,799

-102,158

-117,162

-4,459

-6,607

-70,777

-72,558

-11,743

-10,640

41
42
43
44
45

U.S. official reserve assets......................................................................
Gold.................................................
Special drawing rights.............................

0
0

0
0

0
0

0
0

0
0

0
0

-33
0

-26
0

0
0

0
0

-33

-26

46
47
48
49

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.............................

-3
-3
1
-1

3,256
-8
38
3,226

247
-136
387
-4

3,222
0
0
3,222

50
-1
53
-2

629
-95
159
565

-127
-57
163
-233

-1
0
0
-1

1
0
0
1

50
51
52
53
54

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.............................

-46,398
-10,972
-7,057
1,345
-29,714

1
0
1
(*)
-12,800
-4,224
-18,358
456
9,326

-105,414
-16,113
-4,815
11,830
-96,316

-117,409
-20,870
-9,331
-1,053
-86,155

-7,681
-836
-5,324
-23
-1,498

-6,657
-1,858
-914
-255
-3,630

-71,373
-15,668
-15,760
924
-40,869

-72,406
-11,850
-3,583
-337
-56,636

-11,742
-3,215
-10,840
883
1,430

-10,641
-2,617
-1,237
-47
-6,740

55 Foreign-owned assets in the United States, excluding financial derivatives
(increase/financial inflow (+)).......................................................................................

40,326

21,171

11,655

-5,801

2,459

2,149

97,846

55,237

-1,960

-2,349

1,830
(1)
(1)
(1)
9
(1)
(1)
19,341
459
0
1,657
n.a.
n
-433

-11,189
(’)
0
0
-151
0
0
22,844
-1,267
(1)
20,760
n.a.
( ’)
-9,687

5,047
( 1)
(1)
(1)
194
(1)
(1)
-10,848
4,526
(1)
-19,191
n.a.
( 1)
-39,008

(2)
(2)
(2)
(2)
7
(2)
(2)

(2)
(2)
(2)
(2)
152
n
(2)

62,517
( 1)
(1)
(1)
2,674

(2)
(2)
(2)
(2)
159
(2)
(2)

(2)
(2)
(2)
(2)
148
(2)
(2)

(2)
-715
(2)
2,015
n.a.
145
21,007

(2)
300
(2)
1,663
n.a.
387
2-353

35,329
2,890
0
-3,611
n.a.
(’)
-10,936

23,237
(1)
0
0
989
(1)
(’)
32,000
7,378
(1)
16,344
n.a.
(1)
10,257

(2)
590
(2)
2,283
n.a.
-94
2-4,898

(2)
-865
(2)
-1,143
n.a.
233
2-722

56
57
58
59
60
61
62

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..................................................................

63
64
65
66
6/
68
69

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...........................

-520
(’)
n
n
9
0
(')
40,846
3,289
(’)
3,980
n.a.
(1)
8,827

70 Financial derivatives, net..................................................................................................

-2,087

n.a.

5,608

n.a.

-1,203

n.a.

484

n.a.

6,795

4-12,896

89,304

4126,649

(3)
19,208

n.a.

71 Statistical discrepancy (sum of above items with sign reversed)...............................

423,457

43,835

4111,684

6,113

44,594

Memoranda:
Balance on goods (lines 3 and 20)................................................................
Balance on services (lines 4 and 21).............................................................
Balance on goods and services (lines 2 and 19)................................................
Balance on income (lines 12 and 29).......
Unilateral current transfers, net (line 35)....
Balance on current account (lines 1,18, and 35 or lines 74, 75, and 76)....................

-9,784
6,969
-2,815
4,986
-803
1,368

-8,240
6,272
-1,968
7,249
-757
4,524

-15,305
3,430
-11,875
15,482
-8,013
-4,406

-16,751
4,666
-12,085
16,655
-8,256
-3,686

-15,980
1,401
-14,579
609
-3,238
-17,208

-18,457
2,087
-16,370
739
-3,368
-18,999

-69,867
15,093
-54,774
-6,220
-8,706
-69,700

-91,689
11,981
-79,708
-6,662
-7,993
-94,362

2,999
1,429
4,428
2,816
-139
7,105

3,235
1,790
5,024
3,512
-141
8,395

72
73
74
75
76
77

p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/-)
1. Details not shown separately; see totals in lines 56 and 63.




(')
V)

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 -6 6

In te r n a tio n a l D a t a

N ovem ber 2010

Table F.3. U.S. International Transactions, by Area—Table Ends
[Millions of dollars]
China
Line

India

Japan

Middle East

Africa

(Credits +; debits -)
2010:1 '

2010:11

2010:1 r

p

2010:11

2010:1 r

p

2010:11

2010:1 r

p

2010:11

2010:1 r

p

2010:11

p

Current account
1 Exports of goods and services and income receipts....................................................

29,385

27,338

7,805

8,862

32,712

32,304

19,339

19,905

11,564

2

Exports of goods and services..................................................................

26,405

24,244

6,875

7,686

26,340

25,994

16,737

17,416

9,035

8,883

3

Goods, balance of payments basis..........................................................

21,330

20,337

4,012

5,239

14,901

14,892

11,735

12,368

6,322

6,254

4
5

Services.........................................................................................
Transfers under U.S. military agency sales contracts.................................

5,075
0

3,907
0

2,862
4

2,446
1

11,439
74

11,101
46

5,003
915

5,048
996

2,714
119

2,630
94

6
7
8

Travel.........................................................................................
Passenger fares............................................................................
Other transportation.......................................................................

817
295
539

587
169
579

503
189
90

936
366
85

2,596
1,135
840

2,185
746
897

605
80
479

643
88
519

274
104
124

406
146
113

9
10
11

Royalties and license fees.................................................................
Other private services.....................................................................
U.S. government miscellaneous services...............................................

588
2,827
10

699
1,868
6

100
1,962
14

120
924
13

2,484
4,219
91

3,067
4,130
31

176
2,723
25

212
2,570
20

192
1,884
17

223
1,631
16

12
13
14
15
16
1/

Income receipts...................................................................................
Income receipts on U.S.-owned assets abroad...........................................
Direct investment receipts..................
Other private receipts.......................
U.S. government receipts...................
Compensation of employees..................

2,980
2,970
2,552
407
11
10

3,095
3,084
2,611
468
5
11

931
926
572
350
4
5

1,177
1,172
755
413
4
5

6,372
6,351
3,283
3,034
34.
21

6,311
6,289
3,105
3,158
26
21

2,601
2,575
2,001
542
32
26

2,489
2,462
1,872
579
11
27

2,528
2,505
2,106
350
49
23

2,581
2,556
2,121
394
41
25

18 Imports of goods and services and income payments

-87,729

-103,009

-10,088

-11,397

-46,981

-50,162

-24,555

-28,197

-22,488

-24,043

19

-75,315

-90,462

-9,632

-11,029

-34,351

-35,997

-22,198

-25,788

-22,103

-23,702

Imports of goods and services....................

11,464

20

Goods, balance of payments basis..........................................................

-73,046

-88,107

-6,579

-7,885

-28,106

-28,948

-17,848

-21,217

-20,283

-21,614

21
22

Services.........................................................................................
Direct defense expenditures..............................................................

-2,269

-4

-2,355
-4

-3,053
0

-3,144
0

-6,245
-545

-7,049
-545

-4,350
-2,216

-4,571
-2,206

-1,819
-99

-2,087
-99

23
24
2b

Travel.........................................................................................
Passenger fares..
Other transportation.......................................................................

-697
-129
-621

-626
-123
-730

-474
-56
-43

-487
-38
-29

-680
-335
-1,234

-1,032
-393
-1,423

-617
-472
-309

-726
-530
-336

-765
-128
-94

-964
-148
-110

26
2/
28

Royalties and license fees................................................................
Other private services.....................................................................
U.S. government miscellaneous services...............................................

-33
-775
-9

-34
-829
-10

-32
-2,440
-7

-33
-2,551
-7

-2,010
-1,404
-38

-2,142
-1,485
-28

-46
-614
-77

-46
-655
-72

-8
-657
-68

-8
-695
-63

29
30
31
32
33
34

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

-12,415
-12,240
-21
-666
-11,553
-175

-12,547
-12,419
-11
-716
-11,692
-128

-456
-338
-106
-56
-176
-118

-368
-300
-78
-56
-166
-68

-12,630
-12,589
-2,267
-3,010
-7,312
-42

-14,165
-14,136
-3,545
-3,086
-7,505
-29

-2,357
-2,328
6
-1,138
-1,196
-29

-2,409
-2,392
-36
-1,189
-1,167
-17

-385
-351
-52
-89
-210
-35

-342
-323
-11
-95
-217
-19

35 Unilateral current transfers, net.
36
U.S. government grants.........
3/
U.S. government pensions and other transfers...............................................
38
Private remittances and other transfers.......................................................

-903
-6
-2
-895

-701
-6
-2
-693

-1,286
-22
-7
-1,257

-1,048
-26
-7
-1,016

-300
0
-68
-232

-292
0
-70
-222

-4,322
-3,472
-36
-814

-2,105
-1,300
-39
-766

-3,759
-2,706
-9
-1,044

-2,696
-1,689
-9
-998

0

0

0

0

0

0

0

0

-1

-1

Capital account
39 Capital account transactions, net....................................................................................
Financial account
40 U.S.-owned assets abroad, excluding financial derivatives
(increase/financial outflow ( - ) ) ....................................................................................

-6,876

-9,415

-3,644

-2,849

-20,359

-26,386

8,329

-3,645

-3,763

-1,135

41
42
43
44
45

U.S. official reserve assets.......................................................................
Gold.............................................................................................

0
0

0
0

0
0

0
0

-33
0

-26
0

0
0

0
0

0
0

0
0

-33

-26

46
47
48
49

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.............................

30
0
36
-6

29
0
22
7

21
0
12
9

17
0
11
6

548
0
0
548

-209
0
0
-209

-579
-632
31
22

51
-2
45
8

63
-53
123
-7

-53
-71
22
-4

50
51
52
53
54

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..............................

-6,906
-2,611
3,830
85
-8,210

-9,444
-1,858
70
-99
-7,557

-3,665
-865
-663
53
-2,190

-2,866
-965
-142
-174
-1,585

-20,874
547
-9,418
283
-12,286

-26,151
-1,539
2,512
-364
-26,760

8,908
-337
135
414
8,696

-3,696
-147
1,062
-1,081
-3,530

-3,826
-1,466
-1,046
240
-1,554

-1,082
-2,266
2,223
-93
-946

55 Foreign-owned assets in the United States, excluding financial derivatives
(increase/financial inflow (+)).......................................................................................

43,591

-21,629

1,425

3,744

14,305

46,156

12,527

-16,985

2,312

7,933

56
57
58
59
60
61
62

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..

(2)
(2)
(2)
(2)
0
(2)
(2)

(2)
(2)
(2)
(2)
0
(2)
(2)

(2)
H
(2)
(2)
49
(2)
(2)

(2)
(2)
(2)
(2)
104
(2)
(2)

(2)
(2)
(2)
(2)
-45
(2)
(2)

(2)
(2)
(2)
(2)
114
(2)
(2)

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...........................

(2)
29
(2)
-110
n.a.
-203
243,875

(2)
167
(2)
1,604
n.a.
329
2-23,729

(2)
297
(2)
-149
n.a.
134
21,094

(2)
198
(2)
-100
n.a.
-42
23,584

(2)
1,923
(2)
-11,625
n.a.
-947
224,999

(2)
6,747
(2)
7,350
n.a.
-198
232,143

-16,507
0
( 1)
(1)
607
(')
(')
-478
233
(1)
-869
n.a.
(')
427

1,407
(1)
(1)
(’)
225
(')
( 1)
905
1,066
(')
-657
n.a.
( 1)
-1,684

3,161
0
( ’)

63
64
65
66
6/
68
69

16,174
( 1)
(')
(')
1,021
n
(1)
-3,647
-103
(1)
-1,290
n.a.
(')
-3,253

70 Financial derivatives, net..................................................................................................

(3)
22,532

n.a.

-2,248

n.a.

35

n.a.

42,687

22,872

4-1,621

(3)
-11,318

n.a.

4107,417

(3)
5,788

n.a.

71 Statistical discrepancy (sum o f above items with sign reversed)...............................

431,026

16,101

48,478

Memoranda:
Balance on goods (lines 3 and 20)................................................................
Balance on services (lines 4 and 21).............................................................
Balance on goods and services (lines 2 and 19).................................................
Balance on income (lines 12 and 29).....
Unilateral current transfers, net (line 35)..........................................................
Balance on current account (lines 1,18, and 35 or lines 74,75, and 76)....................

-51,716
2,806
-48,910
-9,434
-903
-59,247

-67,770
1,552
-66,219
-9,452
-701
-76,372

-2,567
-190
-2,757
475
-1,286
-3,569

-2,645
-698
-3,343
809
-1,048
-3,583

-13,205
5,193
-8,011
-6,258
-300
-14,569

-14,056
4,052
-10,003
-7,854
-292
-18,150

-6,113
652
-5,461
244
-4,322
-9,538

-8,849
477
-8,372
80
-2,105
-10,397

-13,962
894
-13,067
2,143
-3,759
-14,683

-15,361
542
-14,818
2,239
-2,696
-15,275

72
/3
74
/5
76
77

p Preliminary
r Revised
(*) Transactions are less than $500,000 (+/-)
1. Details not shown separately; see totals in lines 56 and 63.




2. Details not shown separately are included in line 69.
3. Estimates of financial derivatives for Mexico are included in Latin America and Other Western Hemisphere; and for
China and India, in Asia and Pacific. Estimates for the Middle East are combined with estimates for Asia and Pacific.
4. Calculated excluding financial derivatives, net (line 70).

(')
75
(')
(')
4,772
52
n
-237
n.a.
(’)
-630

S u r v e y o f C u r r e n t B u sin e ss

N ovem ber 2 010

D -6 7

Table F.4. Private Services Transactions
[Millions of dollars]
Not seasonally adjustec
Line

2009

2009
I

1 E xports o f private s e rv ic e s ...............................................................

Seasonally adjusted

483,869

115,576

II

2010
III

IV

I r

2009
II

p

I

2010
III

IV

I r

II

p

128,578

131,041

118,449

122,828

127,016

124,786

129,796

118,939

119,498

125,782

2
3
4
5
6

Travel (table F.2, line 6 )....................................................
Passenger fares (table F.2, line 7 )......................................
Other transportation (table F.2, line 8).................................
Freight......................................................................
Port services.............................................................

93,917
26,424
35,406
17,247
18,159

20,712
6,632
8,307
4,061
4,247

23,803
6,357
8,620
4,103
4,517

27,190
7,165
8,935
4,332
4,603

22,212
6,269
9,544
4,752
4,792

21,907
6,783
9,366
4,680
4,686

26,007
7,468
10,018
4,983
5,035

23,631
7,035
8,652
4,168
4,484

23,006
6,534
8,549
4,073
4,476

23,311
6,498
8,834
4,335
4,499

23,969
6,356
9,371
4,671
4,700

25,006
7,167
9,691
4,777
4,914

25,298
7,694
9,998
4,974
5,025

7

Royalties and license fees (table F.2, line 9)..........................
By type:1 ..................................................................
Industrial processes 2 ...............................................
O ther3..................................................................
By affiliation:
U.S. parents' receipts from their foreign affiliates.............
U.S. affiliates’ receipts from their foreign parent groups.....
U.S. receipts from unaffiliated foreigners.......................

89,791

19,610

24,310

20,073

25,798

22,507

26,335

21,502

22,363

21,396

24,530

24,138

24,672

35,630
54,161

7,822
11,788

8,348
15,962

8,843
11,230

10,617
15,181

8,984
13,523

9,298
17,037

7,822
13,680

8,348
14,014

8,843
12,553

10,617
13,913

8,984
15,154

9,298
15,374

55,430
3,387
30,974

11,955
794
6,861

13,654
891
9,766

13,463
880
5,730

16,358
822
8,617

13,722
733
8,051

14,981
744
10,610

12,681
794
8,028

13,622
891
7,850

13,665
880
6,851

15,463
822
8,245

14,549
733
8,855

14,909
744
9,019

Other private services (table F.2, line 10).............................
By type: 1.................................................................
Education..............................................................
Financial services....................................................
Insurance services...................................................
Telecommunications.................................................
Business, professional, and technical services...............
Other services 4......................................................
By affiliation:
U.S. parents’ receipts from their foreign affiliates.............
U.S. affiliates’ receipts from their foreign parent groups.....
U.S. receipts from unaffiliated foreigners.......................

238,332

60,314

55,359

59,466

63,193

64,223

59,969

58,831

58,487

59,458

61,555

62,576

63,379

19,911
55,446
14,651
9,284
116,629
22,411

8,141
13,295
3,643
2,225
27,724
5,286

2,407
13,618
3,754
2,303
27,977
5,300

5,596
14,013
3,611
2,388
28,322
5,536

3,767
14,520
3,643
2,368
32,607
6,289

8,874
14,028
3,505
2,432
29,625
5,758

2,609
14,279
3,467
2,408
31,555
5,651

4,813
13,295
3,643
2,225
29,568
5,286

4,921
13,618
3,754
2,303
28,590
5,300

5,046
14,013
3,611
2,388
28,864
5,536

5,130
14,520
3,643
2,368
29,606
6,289

5,238
14,028
3,505
2,432
31,614
5,758

5,355
14,279
3,467
2,408
32,219
5,651

53,636
24,536
160,159

12,848
5,557
41,910

12,559
6,095
36,705

12,516
5,898
41,052

15,713
6,987
40,493

14,189
6,584
43,451

14,695
7,169
38,105

13,499
6,007
39,325

12,969
6,129
39,389

12,896
6,251
40,312

14,273
6,149
41,134

14,884
7,113
40,579

15,134
7,210
41,035

23 Im ports o f private services................................................................

334,917

78,953

84,358

86,849

84,759

82,108

91,038

84,043

81,928

83,542

85,405

87,489

88,918

24
25
26
27
28

Travel (table F.2, line 23)...................................................
Passenger fares (table F.2, line 2 4).....................................
Other transportation (table F.2, line 25)................................
Freight......................................................................
Port services.............................................................

73,230
25,980
41,586
29,341
12,245

16,160
6,458
10,667
7,623
3,044

20,138
6,661
10,145
6,927
3,217

20,988
6,710
10,369
7,238
3,132

15,944
6,151
10,405
7,553
2,852

16,070
6,324
10,642
8,005
2,637

20,610
7,554
12,269
9,494
2,776

18,702
6,784
11,295
8,026
3,269

17,721
6,163
10,141
6,911
3,230

18,459
6,455
9,880
6,952
2,928

18,348
6,578
10,269
7,451
2,818

18,651
6,638
11,287
8,449
2,838

18,296
7,045
12,404
9,540
2,864

29

Royalties and license fees (table F.2, line 26)........................
By type: 1.................................................................
Industrial processes 2 ...............................................
Other3.................................................................
By affiliation:
U.S. parents’ payments to their foreign affiliates..............
U.S. affiliates’ payments to their foreign parent groups......
U.S. payments to unaffiliated foreigners........................

25,230

5,728

6,289

6,054

7,159

7,322

7,092

5,988

6,442

6,137

6,663

7,662

7,312

16,464
8,766

3,540
2,188

4,045
2,244

4,049
2,004

4,830
2,329

4,453
2,869

4,651
2,441

3,716
2,272

4,163
2,279

4,113
2,024

4,472
2,191

4,696
2,966

4,814
2,499

4,508
13,843
6,880

1,089
3,096
1,543

1,202
3,366
1,722

1,002
3,295
1,756

1,214
4,085
1,860

711
3,952
2,659

729
4,246
2,117

1,089
3,378
1,520

1,202
3,505
1,736

1,002
3,387
1,748

1,214
3,573
1,876

711
4,315
2,636

729
4,455
2,128

Other private services (table F.2, line 27).............................
By type: 1 .................................................................
Education.........
Financial services
Insurance services...................................................
Telecommunications.................................................
Business, professional, ana tecnmcai services...............
Other services 4......................................................
By affiliation:
U.S. parents’ payments to their foreign affiliates..............
U.S. affiliates’ payments to their foreign parent groups......
U.S. payments to unaffiliated foreigners........................

168,892

39,940

41,124

42,728

45,100

41,750

43,513

41,274

41,461

42,611

43,546

43,250

43,861

5,583
16,454
55,233
7,048
81,995
2,579

1,048
3,770
14,408
1,605
18,594
513

1,416
4,329
13,310
1,722
19,630
718

1,883
4,054
13,644
1,829
20,656
661

1,235
4,301
13,871
1,892
23,115
686

1,110
3,896
13,398
1,819
20,881
646

1,502
3,984
13,336
1,825
22,198
667

1,367
3,770
14,408
1,605
19,609
513

1,389
4,329
13,310
1,722
19,993
718

1,409
4,054
13,644
1,829
21,013
661

1,417
4,301
13,871
1,892
21,379
686

1,446
3,896
13,398
1,819
22,046
646

1,473
3,984
13,336
1,825
22,575
667

46,687
20,291
101,913

10,575
4,428
24,937

11,232
4,803
25,090

11,489
5,144
26,095

13,392
5,916
25,792

11,650
5,006
25,094

12,545
5,304
25,664

11,254
4,706
25,315

11,335
5,024
25,102

11,770
5,242
25,598

12,329
5,320
25,898

12,387
5,364
25,499

12,643
5,539
25,679

45 Premiums received 5..........................................................
46 Actual losses paid.............................................................

23,928
11,400

5,946
3,014

6,214
2,860

5,833
2,767

5,936
2,760

5,518
3,046

5,476
3,132

5,946
3,014

6,214
2,860

5,833
2,767

5,936
2,760

5,518
3,046

5,476
3,132

47 Premiums paid 5................................................................
48 Actual losses recovered......................................................

88,468
42,567

23,865
11,344

21,044
10,813

21,543
10,295

22,016
10,116

21,073
10,151

20,957
10,421

23,865
11,344

21,044
10,813

21,543
10,295

22,016
10,116

21,073
10,151

20,957
10,421

Memoranda:
49 Balance on goods (table F.2, line 7 2)......................................
50 Balance on private services (line 1 minus line 23).....................
51 Balance on goods and private services (lines 49 and 50)............

-506,944
148,952
-357,992

-107,309
36,623
-70,685

-111,065
34,092
-76,973

-145,009
35,979
-109,029

-143,561
42,257
-101,304

-133,683
42,678
-91,005

-165,823
38,758
-127,065

-121,197
35,609
-85,588

-113,507
37,010
-76,497

-132,119
35,956
-96,163

-140,121
40,377
-99,744

-151,321
41,089
-110,232

-169,613
42,123
-127,490

8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

3U
31
32
33
34
35
36
37
38
39
40
41
42
43
44

119,651

II

Supplem ental detail on insurance transactions:

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.

D -6 8

N ovem ber 2010

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:
Line

Type of investment

Position, 2008r

Position, 2009p

Valuation adjustments
Financial flows

(a)

Price changes
(b)

Exchange-rate
changes1

(c)

Other changes2
(d)

Total
(a+b+c+d)

Net international investm ent positio n 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

276.730

(4)
522.929

(4)
276.730

172,452
419,103
153,349

756,036
-31,701
787.737

-2,737,846
127,934
-2,865,780

U.S.-owned assets abroad (lines 5+6)..................................................................................
Financial derivatives (gross positive fair value)..................................................
U.S.-owned assets abroad, excluding financial derivatives (lines 7+12+17)..............

19,244,875
6,127,450
13,117,425

(3)
(3)
140,465

<3)
(3)
1,066,119

(3)
(3)
357,956

(3)
185,112

-865,791
-2,615,443
1,749,652

18,379,084
3,512,007
14,867,077

U.S. official reserve assets............................................................................
Gold......................................................................................................
Special drawing rights..............................
Reserve position in the International Monetary Fund.......................................
Foreign currencies...................................

293,732
227,439
9,340
7,683
49,270

52,256
0
48,230
3,357
669

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 a sse ts...................................
U.S. credits and other long-term assets 7......................................................
Repayable in dollars..............................................................................
Other8 ..............................................................................................
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 a sse ts......................................................................................
Direct investment at current cost..................................................................
Foreign securities.................
B onds.............................
Corporate stocks..................................................................................
U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns.........
U.S. claims reported by U.S. banks and securities brokers, not included elsewhere..

12,199,593
3,742,835
3,985,712
1,237,284
2,748,428
794,699
3,676,347

629,552
268,680
208,213
144,909
63,304
-124,428
277,087

357,081
79,124
255,694
27,269
228,425
8,404
13,859

185,095
-27,247
0
0
0
115,550
96,792

2,180,906
308,356
1,485,286
256,301
1,228,985
-474
387.738

14,380,499
4,051,191
5,470,998
1,493,585
3,977,413
794,225
4,064,085

Foreign-owned assets in the United States (lines 25+26)....................................................
Financial derivatives (gross negative fair value).....................................................
Foreign-owned assets in the Unites States, excluding financial derivatives (lines 27+34)..

22,738,757
5,967,815
16,770,942

(3)
(3)
305,736

(3)
81,226

(3)
31,763

-1,621,827
-2,583,742
961,915

21,116,930
3,384,073
17,732,857

Foreign official assets in the United States...........................................................
U.S. Government securities...........................................................................
U.S. Treasury securities............................................................................
Other....................................................................................................
Other U.S. Government liabilities 10.................................................................
U.S. liabilities reported by U.S. banks and securities brokers, not included elsewhere..
Other foreign official assets............................................................................

3,939,998
3,264,139
2,400,516
863,623
40,577
252,608
382,674

450,030
441,056
561,125
-120,069
57,971
-70,851
21,854

-13,584
-104,274
-92,297
-11,977

219

-2,824
-8,524
1,708
-10,232
0
5,700
0

433,841
328,258
470,536
-142,278
58,190
-65,151
112,544

4,373,839
3,592,397
2,871,052
721,345
98,767
187,457
495,218

Other foreign assets.......................................................................................
Direct investment at current cost....................................................................
U.S. Treasury securities...............................................................................
U.S. securities other than U.S. Treasury securities.............................................
Corporate and other bonds.....................
Corporate stocks..................................
U.S. currency.............................................................................................
U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns.........
U.S. liabilities reported by U.S. banks and securities brokers, not included elsewhere.

12,830,944
2,521,353
850,921
4,620,798
2,770,606
1,850,192
301,139
731,539
3,805,194

-144,294
134,707
22,781
59
-136,296
136,355
12,632
-1,460
-313,013

556,774
-5,761
-47,510
610,045
150,665
459,380

34,587
18,927
0
0
0
0
0
-69,240
84,900

528,074
151,433
-24,729
666,365
70,630
595,735
12,632
-66,062
-211,565

13,359,018
2,672,786
826,192
5,287,163
2,841,236
2,445,927
313,771
665,477
3,593,629

3,103,704
2,552,572

268,680
134,707

737,062
422,683

-817
10,621

1,199,147
568,011

4,302,851
3,120,583

Memoranda:
Direct investment abroad at market value..................................................................
Direct investment in the United States at market value..................................................

p Preliminary
r Revised
* Less than $500,000 (+/-)
...Not applicable
1. Represents gains or losses on foreign-currency-denominated assets and liabilities due to their revaluation at current
exchange rates.
2. Includes changes in coverage due to year-to-year changes in the composition of reporting panels, primarily for bank
and nonbank estimates, and to the incorporation of survey results. Also includes capital gains and losses of direct invest­
ment affiliates and changes in positions that cannot be allocated to financial flows, price changes, or exchange-rate
changes.
3. Financial flows and valuation adjustments for financial derivatives are available only on a net basis, which is shown
on line 2; they are not separately available for gross positive fair values and gross negative fair values of financial deriva­
tives. Consequently, columns (a) through (d) on lines 4, 5, and 24,25 are not available.
4. Data are not separately available for the three types of valuation adjustments; therefore, the sum of all three types is
shown in column (d).




(
1,009,178
-12,201
1,021,379
84,123
937,256

543,190

219
90,690
81,007
3,560
56.261
56.261

4,638
16,548

194,222

5. Reflects changes in the value of the official gold stock due to fluctuations in the market price of gold.
6. Reflects changes in gold stock from U.S. Treasury sales of gold medallions and commemorative and bullion coins;
also reflects replenishment through open market purchases. These demonetizations/monetizations are not included in
international transactions financial flows.
7. Also includes paid-in capital subscriptions to international financial institutions and outstanding amounts of miscella­
neous claims that have been settled through international agreements to be payable to the U.S. government over periods
in excess of 1 year. Excludes World War I debts that are not being serviced.
8. Includes indebtedness that the borrower may contractually, or at its option, repay with its currency, with a third
country’s currency, or by delivery of materials or transfer of services.
9. Includes foreign-currency-denominated assets obtained through temporary reciprocal currency arrangements
between the Federal Reserve System and foreign central banks. These assets are included in the investment position at
the dollar value established at the time they were received, reflecting the valuation of these assets in the Federal Reserve
System’s balance sheet. The movement of exchange rates does not affect this valuation.
10. Includes U.S. government liabilities associated with military sales contracts and U.S. government reserve-related
liabilities from allocations of special drawing rights (SDRs).

S u r v e y o f C u r r e n t B u sin e ss

N ovem ber 2 0 1 0

D -6 9

Table G.2. U.S. Direct Investment Abroad: Selected Items, by Country and by Industry of Foreign Affiliate, 2006-2009
[Millions of dollars]
Direct investment position
on a historical-cost basis
2006
A ll countries, all in d u s trie s ...............................................

2,477,268

20071
2,993,980

2008
3,219,725

Financial outflows without current-cost
adjustment (inflows (-))
2009

2006

3,508,142

224,220

2007 1
393,518

ncome without current-cost
adjustment

2008

2009

2006

330,491

248,074

304,114

20071
350,237

2008

2009

382,575

325,467

By co un try o f foreign a ffiliate
Canada......................................................................

205,134

250,642

239,170

259,792

-1,551

22,331

5,986

18,085

23,542

21,170

32,410

19,865

Europe......................................................................

1,397,704

1,682,023

1,831,246

1,976,222

147,687

239,803

192,691

129,014

153,702

175,702

191,650

173,623

63,008
93,620
86,372
279,373
102,022
406,358

74,179
100,601
117,708
412,122
94,675
426,357

81,753
108,217
146,672
426,762
132,126
449,521

85,801
116,832
165,924
471,567
148,239
471,384

7,076
2,703
20,148
41,118
11,019
30,535

12,010
9,569
15,506
109,097
7,365
21,978

-168
1,154
25,433
52,839
23,700
37,138

2,393
6,775
24,704
42,974
15,039
20,119

5,801
8,081
17,865
35,644
14,231
26,772

5,494
9,356
21,994
44,255
14,543
21,412

5,228
8,401
24,477
49,618
19,297
27,214

2,390
5,851
27,063
52,654
18,919
22,561

418,429

556,160

591,363

678,956

35,672

55,324

77,018

66,149

53,532

72,600

78,558

69,598

133,480
33,504
82,965
84,817

211,708
48,807
91,046
105,829

213,863
44,532
89,610
129,243

245,671
56,692
97,897
141,527

19,944
223
9,444
-6,374

14,785
5,585
9,798
12,640

21,903
4,179
6,898
21,701

26,588
2,663
5,924
10,198

15,586
5,253
9,606
5,112

23,176
7,617
11,634
10,431

23,803
9,546
10,368
9,829

19,985
7,377
7,640
14,772

Of which:
France ................................................................
Germany..............................................................
Ireland......
Netherlands
Switzerland.
United Kingdom....................................................
Latin America and Other Western Hemisphere...................

Of which:
Bermuda.............................................................
Brazil.................................................................
Mexico................................................................
United Kingdom Islands, Caribbean...........................
Africa........................................................................

28,158

32,607

37,221

44,805

5,157

4,490

3,764

5,733

7,208

6,726

6,801

5,067

Middle East.................................................................

24,206

28,448

31,886

37,012

5,699

4,070

3,907

4,925

6,043

7,692

9,064

5,100

Asia and Pacific...........................................................

403,637

444,101

488,839

511,355

31,556

67,500

47,125

24,168

60,086

66,347

64,092

52,214

67,632
39,636
84,428
81,879

84,331
40,720
85,224
93,529

94,451
40,014
101,918
86,048

106,370
50,459
103,643
76,862

1,473
4,174
2,709
8,035

10,122
11,533
15,721
14,003

10,182
-332
-1,150
8,996

6,202
6,367
6,140
5,833

6,596
8,130
7,627
15,563

7,840
7,681
7,862
19,045

8,369
5,730
7,667
17,487

5,231
5,742
8,929
9,525

Of which:
Australia..............................................................
Hong Kong...........................................................
Japan.................................................................
Singapore............................................................
By in du stry o f foreign affiliate
Mining.......................................................................

121,006

141,299

153,442

171,106

21,903

19,857

27,293

22,259

29,848

32,315

40,940

27,542

Manufacturing.............................................................
Food......................................................................
Chemicals...............................................................
Primary and fabricated metals.....................................
Machinery...............................................................
Computers and electronic products...............................
Electrical equipment, appliances, and components..........
Transportation equipment...........................................
Other manufacturing..................................................

441,724
31,215
94,519
18,773
29,136
63,113
16,293
50,663
138,013

484,839
40,588
95,915
22,244
31,257
69,467
19,979
60,612
144,777

484,596
41,201
114,171
20,078
39,093
65,530
23,582
45,456
135,486

541,080
45,247
129,529
23,186
43,612
65,598
24,694
47,235
161,978

42,359
2,736
5,778
2,490
3,711
13,458
2,753
1,563
9,869

71,977
11,045
11,452
3,440
5,630
6,583
4,425
11,532
17,871

33,955
3,939
16,571
2,445
7,451
4,687
4,633
-11,614
5,842

47,707
3,429
15,759
611
3,627
182
1,316
804
21,980

57,677
4,278
12,523
2,044
3,344
12,542
1,919
4,257
16,771

66,435
4,525
14,154
2,405
5,735
12,253
1,870
5,733
19,762

60,895
3,506
15,520
1,788
5,983
10,213
2,202
1,420
20,262

44,624
2,654
14,207
735
3,766
6,416
1,718
-1,721
16,849

Wholesale trade...........................................................

138,211

150,089

176,869

198,985

14,835

12,874

33,171

21,296

24,321

28,527

29,564

24,154

Information.................................................................

100,445

116,923

135,037

149,826

3,851

8,562

13,635

11,700

11,526

11,144

13,806

14,404

Depository institutions (banking)......................................

81,637

123,202

116,874

114,032

-6,441

10,785

5,322

-17,473

-6,362

-7,927

1,901

-66

Finance (except depository institutions) and insurance..........

514,462

649,773

688,160

746,993

25,825

82,169

55,672

42,063

39,402

42,802

42,915

38,774

Professional, scientific, and technical services....................

69,213

81,344

74,691

77,474

9,377

12,094

10,253

6,545

9,480

8,953

6,732

6,743

Holding companies (nonbank).........................................

838,566

1,039,045

1,181,323

1,279,952

97,498

153,562

133,959

99,246

120,884

146,576

166,976

152,471

Other industries...........................................................

172,004

207,466

208,733

228,693

15,012

21,637

17,232

14,731

17,338

21,411

18,847

16,821

1. The direct investment position, financial outflows, and income reflect a discontinuity between 2006 and 2007 because
of the reclassification of permanent debt and associated interest, a component of income, between affiliated depository
institutions from direct investment to other investment accounts.




N ote. The data in this table are from tables 14 and 15 in “U.S. Direct Investment Abroad Tables” in the September 2010
S urvey of C urrent Business.

D -7 0

In te r n a tio n a l D a t a

N ovem ber 2010

Table G.3. Selected Financial and Operating Statistics of Nonbank Foreign Affiliates of U.S. Companies by Country and by Industry of Affiliate, 2008
All nonbank foreign affiliates

Majority-owned nonbank foreign affiliates

Millions of dollars

A ll countries, all in d u s trie s ...............................................

Total
assets

Sales

12,504,725

6,107,864

Net
income

956,357

Millions of dollars

U.S.
exports of
goods
shipped to
affiliates
269,752

Thousands
U.S.
of
imports of
employees
goods
shipped by
affiliates
337,057

Total
assets

11,879.4 11,443,211

Sales

5,202,191

Net
income

872,506

Value
added

U.S.
exports of
goods
shipped to
affiliates

Thousands
U.S.
of
imports of
employees
goods
shipped by
affiliates

1,211,854

260,373

318,486

10,123.8

By co untry o f affiliate
Canada..................................................................

955,514

617,615

66,148

78,100

(D)

1,082.4

908,594

593,283

63,046

126,352

75,809

107,945

1,064.4

Europe...................................................................

7,419,907

3,147,942

525,813

74,868

83,297

4,820.1

6,876,406

2,726,149

487,414

638,280

72,734

82,522

4,213.3

352,752
600,177
1,276,966
1,727,600

243,870
388,658
318,605
681,792

13,330
21,984
147,566
9,193

(D)
10,720
15,985

7,942
(D)
5,699
13,601

636.8
671.5
244.4
1,328.0

334,243
546,547
1,197,498
1,605,149

231,869
347,394
232,802
622,447

12,386
20,287
139,344
3,103

56,712
94,127
33,296
165,991

5,334
10,715
12,739
15,927

7,785
7,208
5,698
13,576

604.4
621.3
228.8
1,174.2

1,913,412

691,555

187,832

57,525

68,742

2,321.6

1,760,796

598,005

176,314

140,149

55,209

65,072

1,935.7

160,699
193,682

157,495
207,031

13,318
10,268

6,034
40,262

(D)
49,834

505.9
1,107.2

150,019
164,617

147,757
168,435

12,687
8,199

38,915
30,753

5,860
38,259

3,304
46,762

485.8
901.7

Africa.....................................................................

197,015

110,624

42,072

1,412

(D)

219.2

178,471

97,192

39,755

57,267

1,316

6,458

172.4

Middle East..............................................................

160,235

120,970

26,619

1,151

(D)

122.5

88,928

48,586

9,311

21,269

1,000

2,267

90.9

Asia and Pacific........................................................

1,858,643

1,419,158

107,873

56,695

60,749

3,313.7

1,630,016

1,138,976

96,666

228,536

54,307

54,221

2,647.1

280,155
161,987
47,440
595,861

177,554
171,733
41,203
321,119

18,282
12,472
3,058
12,235

5,704

(D)

2,947
7,516

1,042
12,197

(D)
(D)

322.2
950.2
384.3
583.5

266,702
124,331
35,931
508,081

148,938
131,372
33,503
200,857

17,413
11,161
2,916
8,990

46,058
27,296
9,363
44,094

5,609
3,927
926
11,794

2,946
7,140
727
1,458

288.2
774.2
313.4
296.7

Mining....................................................................

742,815

485,267

115,521

2,492

25,617

M

611,524

338,021

92,792

221,006

2,446

25,617

198.2

Utilities...................................................................

84,583

120,524

3,801

608

(D)

37.9

57,810

48,708

2,876

8,772

608

(D)

27.3

Manufacturing..........................................................
Of which:.............................................................
Food...............................................................
Chemicals.........................................................
Primary and fabricated metals..............................
Machinery.........................................................
Computers and electronic products.........................
Electrical equipment, appliances, and components....
Transportation equipment.....................................

2,260,530

2,731,326

163,861

168,628

243,318

5,438.1

1,880,285

2,285,194

132,111

517,133

161,427

224,990

4,600.1

167,153
568,875
100,653
162,511
258,442
66,093
285,370

213,437
505,640
93,495
170,408
303,672
54,624
483,091

9,379
51,017
5,104
14,268
19,011
3,743
5,101

5,252
28,069
4,269
10,312
25,476

9,668
21,826
6,814
16,324

64,021

(D)
(D)
(D)

491.9
721.8
241.5
472.2
721.8
269.1
1,000.5

151,821
504,184
94,619
145,673
239,059
59,980
244,774

199,283
457,020
87,224
149,311
296,874
47,514
410,221

9,661
43,218
5,042
13,078
19,761
3,631
2,646

34,516
110,154
21,562
36,911
49,729
11,742
62,036

5,167
27,663
4,223
9,942
25,392
3,167
60,146

9,560
19,658
6,732
15,591
48,284
5,898
74,378

434.3
627.1
230.2
400.7
700.4
231.4
902.3

Wholesale trade........................................................

793,580

1,423,914

63,409

82,265

62,805

825.1

773,583

1,391,801

62,270

157,274

80,620

62,583

796.8

Information..............................................................

447,556

294,122

20,868

(D)

154

507.4

298,446

184,756

8,670

46,380

905

154

361.1
239.6

Of which:
France................................................................
Germany.............................................................
Netherlands.........................................................
United Kingdom.....................................................
Latin America and Other Western Hemisphere................

(D)

Of which:
Brazil..............................................................
Mexico.............................................................

Of which:
Australia..............................................................
China
India..
Japan
By industry of affiliate

(D)

Finance (except depository institutions) and insurance......

2,810,330

306,349

21,608

27

(D)

286.6

2,731,396

285,963

19,828

46,482

26

(D)

Professional, scientific, and technical services.................

289,047

177,717

20,142

3,387

(D)

702.4

284,921

173,692

19,809

67,463

3,377

(D)

679.3

Other industries........................................................

5,076,283

568,646

547,149

(D)

1,422

M

4,805,245

494,056

534,150

147,343

10,963

1,404

3,221.5

D Suppressed to avoid disclosure of data of individual companies.
Notes. The following ranges are given in employment cells that are suppressed: A— 1 to 499; F— 500 to 999; G— 1,000
to 2,499; H— 2,500 to 4,999; 1— 5,000 to 9,999; J— 10,000 to 24,999; K— 25,000 to 49,999; L— 50,000 to 99,999;




M— 100,000 or more.
The data in this table are from “U.S. Multinational Companies: Operations in the United States and Abroad in 2008” in
the August 2010 S urvey of C urrent B usiness.

Novem ber 2 0 1 0

Su r v e y

of

C

urrent

B u s in e s s

D -7 1

Table G.4. Foreign Direct Investment in the United States: Selected Items, by Country of Foreign Parent and by Industry of U.S. Affiliate, 2006-2009
[Millions of dollars]
Direct investment position
on a historical-cost basis

All countries, all in d u s trie s ............................................................

Financial inflows without current-cost
adjustment (outflows (-))

2006

20071

2008

2009

1,840,463

2,055,176

2,165,748

2,319,585

Income without current-cost
adjustment

2006

20071

2008

2009

2006

2007 1

2008

237,136

265,957

324,560

129,883

144,755

123,881

111,764

2009
89,186

By co untry of foreign parent
Canada......................................................................................

165,281

205,381

194,140

225,836

14,770

47,425

21,998

25,813

14,555

10,342

8,064

6,715

Europe.......................................................................................

1,326,738

1,478,383

1,555,208

1,685,279

182,575

161,704

202,924

83,725

98,286

79,343

86,662

76,981

France................................................................................
Germany....
Luxembourg
Netherlands
Switzerland.
United Kingdom.....................................................................

147,799
205,969
89,157
182,014
134,568
414,629

153,713
213,159
120,945
189,469
151,513
424,046

157,172
201,424
118,283
199,137
164,534
454,328

189,285
218,153
127,768
237,959
189,371
453,875

29,078
39,540
17,923
25,543
1,177
38,547

4,701
9,693
28,763
18,434
-3,194
37,183

16,862
-1,481
414
75,568
43,325
41,314

24,046
16,210
12,422
5,416
8,638
12,632

14,550
10,324
2,710
20,250
2,862
36,555

3,602
4,084
4,625
21,260
6,203
26,292

13,760
-893
3,082
11,047
22,511
23,890

8,145
11,664
598
13,117
14,733
23,344

Latin America and Other Western Hemisphere....................................

66,583

49,828

46,130

27,864

11,808

-4,658

29,509

8,372

7,113

7,678

6,772

48

9,223
5,310
11,924
28,367
5,380

-2,676
7,688
932
34,588
4,181

4,116
9,444
822
24,401
4,567

-13,181
11,361
1,045
17,529
4,850

7,047
2,265
1,618
3,845
-1,362

-11,805
717
1,037
7,322
-1,980

5,971
2,369
228
18,718
569

4,492
913
159
-1,649
283

670
923
1,851
1,826
818

594
1,197
1,170
2,609
(D)

3,302
1,185
415
580
(D)

-263
672
179
214
-461
(D)

Of which:

Of which:
Bermuda..............................................................................
Mexico................................................................................
Panam a...............................................................................
United Kingdom Islands, Caribbean...........................................
Venezuela............................................................................
Africa.........................................................................................

1,976

1,535

2,309

1,689

255

-207

948

-787

207

175

75

Middle East.................................................................................

10,112

14,896

17,242

17,614

2,504

5,196

3,652

600

1,243

470

-467

(D)

Asia and Pacific...........................................................................

269,772

305,154

350,718

361,303

25,225

56,497

65,529

12,160

23,350

25,873

10,658

5,656

38,777
204,020

37,514
229,408

40,626
259,753

45,663
264,208

2,174
16,466

16,706
26,576

14,890
36,377

6,732
4,373

5,773
16,190

6,649
16,751

3,118
7,108

2,326
2,639

Manufacturing..............................................................................
Food......................................................................................
Chemicals...............................................................................
Primary and fabricated metals......................................................
Machinery...............................................................................
Computers and electronic products...............................................
Electrical equipment, appliances, and components...........................
Transportation equipment............................................................
Other manufacturing..................................................................

569,324
50,339
135,054
34,812
41,600
48,944
25,537
67,505
165,532

684,555
26,903
190,049
42,453
93,091
44,410
20,112
93,053
174,482

746,475
23,849
187,332
47,645
88,730
59,757
20,561
83,907
234,695

790,568
20,004
203,760
48,693
95,585
55,349
24,004
96,872
246,302

98,508
6,550
30,404
8,341
9,957
23,312
3,249
-4,134
20,829

148,075
2,200
58,926
8,596
37,142
980
9,404
13,228
17,599

87,446
282
4,856
10,626
4,665
14,818
461
-5,908
57,645

48,136
-4,356
14,137
2,939
6,627
-4,232
3,261
12,789
16,971

55,253
3,987
14,015
5,484
1,908
5,633
1,781
3,614
18,831

48,503
2,652
19,818
4,216
2,180
-2,322
1,712
1,065
19,183

40,062
2,959
14,064
3,708
2,336
841
1,165
-29
15,018

31,698
3,671
17,809
-396
1,638
103
945
-3,982
11,910

Wholesale trade...........................................................................

255,590

294,697

316,581

328,430

20,907

32,077

42,376

12,853

25,295

24,494

25,089

9,646

Retail trade.................................................................................

31,677

31,363

40,129

44,330

2,789

-1,060

7,826

4,805

2,557

2,358

1,995

2,604

Information..................................................................................

135,986

155,704

164,491

146,114

27,321

10,825

10,452

-10,874

5,720

5,973

3,438

3,464

Of which:
Australia...............................................................................
Japan..................................................................................
By in du stry of U.S. affiliate

Depository institutions (banking)......................................................

135,391

107,242

92,565

111,913

13,794

-1,237

23,202

8,999

7,535

1,798

521

-2,447

Finance (except depository institutions) and insurance..........................

283,364

275,722

238,875

293,204

37,614

-8,398

69,585

24,188

7,839

6,005

9,341

16,525

Real estate and rental and leasing....................................................

41,924

53,780

57,459

54,539

435

6,809

3,981

625

3,054

3,232

2,742

710

Professional, scientific, and technical services.....................................

47,597

55,201

62,934

46,087

3,636

8,853

9,705

1,531

1,566

2,608

3,665

1,796

Other industries...........................................................................

339,610

396,912

446,238

504,399

32,131

70,014

69,986

39,621

35,935

28,910

24,910

25,190

D Suppressed to avoid disclosure of data of individual companies.
1. The direct investment position, financial inflows, and income reflect a discontinuity between 2006 and 2007 because
of the reclassification of permanent debt and associated interest, a component of income, between affiliated depository




institutions from direct investment to other investment accounts.
N ote. The data in this table are from tables 14 and 15 in “Foreign Direct Investment in the United States Tables” in the
September 2010 S urvey of C urrent B usiness.

D -7 2

In te r n a tio n a l D a t a

N ovem ber 2010

Table G.5. Selected Financial and Operating Data of U.S. Affiliates of Foreign Companies
by Country of Ultimate Beneficial Owner and by Industry of Affiliate, 2008
All affiliates

Majority-owned affiliates

Millions of dollars

All countries, all in d u s trie s ...........................................

Total
assets

Sales

12,666,896

3,819,986

Millions of dollars

Net
income

-28,851

Thousands
of
employees

U.S.
exports of
goods
shipped by
affiliates

6,279.2

246,685

Millions of dollars

U.S.
imports of
goods
shipped to
affiliates

Total
assets

587,994 11,671,560

Sales

3,448,568

Millions of dollars

Net
income

-4,118

Value
added

670,284

Thousands
of
employees

U.S.
exports of
goods
shipped by
affiliates

U.S.
imports of
goods
shipped to
affiliates

5,593.5

232,413

566,925

By coun try
Canada..................................................................

1,161,937

299,570

1,433

717.2

11,636

35,189

1,095,047

256,319

2,186

62,554

515.9

9,557

33,932

Europe...................................................................

9,076,176

2,263,147

-12,719

3,942.9

126,423

226,037

8,590,080

2,063,938

-15,099

423,365

3,614.5

120,466

214,937

France.............................................................
Germany...
Netherlands......................................................
Sw eden...........................................................
Switzerland.......................................................
United Kingdom.................................................

1,308,792
1,705,228
903,406
70,927
1,671,263
2,302,076

306,760
458,952
343,402
52,205
220,345

7,973
-30,298
3,137
1,020
-13,510

13,318

(D)

(D)

598.3
722.7
386.6
182.2
413.4
1,047.5

(D)

20,243
(D)
37,346
6,940
16,574
40,001

1,263,179
1,583,013
883,357
70,690
1,654,932
2,171,515

278,483
394,109
331,578
51,747
212,525
543,771

2,762
-11,458
-1,687
995
-12,792
16,519

57,521
82,445
56,173
13,446
48,836
108,820

550.2
614.2
371.5
181.5
394.4
957.4

12,217
34,547
19,373
5,398
9,142
27,726

19,402
65,472
37,259
6,934
16,252
39,027

Latin America and Other Western Hemisphere................

427,523

212,964

3,281

389.8

(D)

(D)

401,953

197,282

3,360

51,391

377.4

11,788

37,882

(D)

73,520
22,867

1,208
586

(D)
(D)

(D)
(D)

M
L
30.1
I

70,890
20,879
12,828

1,632
614
238

(D)

(D)

24,494
5,858
4,486
5,062

208.5
46.2
30.1
6.4

1,086
112

(D)

(D)
(D)
(D)
(D)

238,206
36,988
40,988
21,523

Of which:

(D)
(D)
5,405
9,338

Of which:
Bermuda..........................................................
Mexico.............................................................
United Kingdom Islands, Caribbean........................
Venezuela.........................................................

37,397
41,044

(D)

(D)
(D)
112

(D)

(D)

3,565

(D)

(D)
(D)
176

Africa.....................................................................

(D)

7,559

246

6.7

799

(D)

5,116

7,443

204

1,257

6.6

797

Middle East..............................................................

153,039

102,911

-5,907

89.6

2,261

(D)

135,980

96,610

-5,845

11,519

77.4

2,256

(D)

Asia and Pacific........................................................

1,664,244

835,173

-17,373

1,038.4

82,692

238,047

1,351,370

748,908

10,612

109,509

928.8

77,411

232,795

Australia...........................................................
Japan..............................................................
Korea, Republic o f..............................................

184,255
1,061,694
41,827

46,702
626,996

3,348
8,899

(D)

(D)

(D)

64,225
10,895

187,728

(D)

84.3
741.7
28.6

(D)

169,185
1,026,574
41,213

40,873
590,923
58,741

3,517
8,623
-1,657

10,569
87,651
1,966

81.5
691.0
27.4

3,572
60,031
10,849

2,170
183,836
37,928

United States...........................................................

(D)

98,662

2,187

94.7

(D)

(D)

92,014

78,068

464

10,690

72.8

10,138

(D)

Of which:

By industry
Manufacturing..........................................................

1,700,407

1,428,083

-1,793

2,256.0

141,898

242,185

1,500,219

1,288,552

14,800

280,329

2,115.5

131,300

223,993

Food...............................................................
Petroleum and coal products.................................
Chemicals.........................................................
Nonmetallic mineral products................................
Primary and fabricated m etals..............................
Machinery...................
Computers and electronic products.........................
Electrical equipment, appliances, and components....
Transportation equipment.....................................

81,432
118,219
384,926
104,111
112,911
124,838
106,833
45,705

96,812
237,188
275,506
58,098
112,971
97,627
65,236

3,002
4,489
9,694
-1,082
1,028
1,745
-6,630

(D)

(D)
-20,758

47,392
1,365
8,924
12,450
13,388
5,486
64,254

79,871
115,965
375,916
103,367
106,130
123,445
99,150
45,603
245,902

93,263
226,817
267,418
57,089
100,600
94,887
60,476
31,792
219,616

2,787
4,480
8,513
-1,181
1,144
1,698
-6,302
2,448
-1,482

17,345
22,040
65,577
19,109
23,242
25,474
12,578
10,795
40,292

169.6
38.1
305.8
157.1
178.3
241.3
164.7
75.4
420.5

11,023

285,672

11,084
9,612
31,230
1,470
9,148
14,428
14,297
3,245
31,135

5,208

(D)

173.9
40.0
M
159.7
185.4
245.1
172.3
75.7
485.6

30,048
1,431
8,563
14,257
13,229
3,236
26,574

5,164
63,080
46,827
1,277
7,748
11,705
12,823
5,476
54,218

Wholesale trade........................................................

706,493

1,053,989

24,349

661.1

92,090

324,195

695,840

1,019,137

22,913

116,400

648.8

89,824

322,319

Retail trade..............................................................

87,354

159,752

379

M

(D)

(D)

68,003

120,905

1,485

27,468

464.4

700

7,303

Information..............................................................

471,101

174,192

13,537

365.5

1,369

(D)

254,337

101,672

-1,106

35,771

249.1

968

644

947
75

544

(D)

97,448
82,866

40,415
35,515

-3,309
527

14,119
11,347

122.1
59.2

(D)
(D)

544
48

Of which:

(D)

(D)

Of which:
Publishing industries...........................................
Telecommunications............................................

(D)

45,643

-2,656

186,079

(D)

(D)

138.5
M

Finance and insurance...............................................

8,533,653

538,652

-91,845

485.9

0

(*)

8,111,541

494,441

-63,322

61,996

407.5

0

(*)

Real estate and rental and leasing................................

175,333

29,946

-10

40.8

(D)

(D)

140,526

24,925

-781

13,171

39.4

(D)

(D)

Professional, scientific, and technical services.................

126,495

81,974

2,279

M

591

(D)

120,883

78,727

2,449

26,870

248.3

565

348

Other industries........................................................

866,059

353,398

24,254

1,555.7

9,989

12,856

780,211

320,210

19,444

108,280

1,420.5

(D)

(D)

D Suppressed to avoid disclosure of data of individual companies.
Notes. Size ranges are given in employment cells that are suppressed. The size ranges are: A— 1 to 499; F— 500
to 999; G— 1,000 to 2,499; H— 2,500 to 4,999; 1— 5,000 to 9,999; J— 10,000 to 24,999; K— 25,000 to 49,999;




L— 50,000 to 99,999; M— 100,000 or more.
The data in this table are from BEA’s annual survey of the operations of U.S. affiliates of foreign companies; see “U.S.
Affiliates of Foreign Companies: Operations in 2008" in the November 2010 S urvey of C urrent B usiness.

D -7 3

N ovem ber 2 0 1 0
H. C harts

THE U.S. IN THE INTERNATIONAL ECONOMY
C O M PO NENTS OF C UR RENT A CCO UNT BALANCE

BALANCE ON CUR RENT ACCO UNT

Services
Income

G oods'

EXPORTS AND IMPORTS OF G OODS AND SERVICES

CAPITAL FLOW S ON U.S. DIRECT
INVESTM ENT ABROAD (OUTWARD)
AND FOREIGN DIRECT INVESTMENT
IN THE UNITED STATES (INWARD)
,
Inward
Outward ii

r,ll

! \!

NET INTERNATIONAL INVESTM ENT POSITION

SEC URITIES TRANSACTIONS

VALUED AT C UR RENT COST

Net foreign purchases of U.S. securities

Foreign assets in the United States

U.S. assets abroad

Net U.S. purchases of foreign securities I
Net investm ent position

87

89

91

93

N ote . All

95

97

99

01

03

05

07

09 10

series except those for the international investment position are quarterly and are seasonally adjusted when
adjusted data are available. The series are from tables F.2, with opposite signs in some cases, and G.1.
U.S. Bureau of Economic Analysis




87

89

91

93

95

97

99

01

03

05

07

09

D-74

November 2010

Regional Data
I. State and Regional Tables

The tables in this section include the most recent estimates of state personal income and gross domestic product by
state. The sources of these estimates are noted.
The quarterly and annual estimates of state personal income and the estimates of gross domestic product by state
are available online at www.bea.gov. For information on state personal income, e-mail reis@bea.gov; write to the
Regional Economic Information System, BE-55, Bureau of Economic Analysis, U.S. Department of Commerce,
Washington, DC 20230; or call 202-606-5360. For information on gross domestic product by state, e-mail
gdpbystate@bea.gov; write to the Regional Product Division, BE-61, Bureau of Economic Analysis, U.S. Department
of Commerce, Washington, DC 20230; or call 202-606-5340.
Table 1.1. Personal Income by State and Region
[Millions of dollars, seasonally adjusted at annual rates]

2007

2006

2008

2009

Percent
change1

2010

Area
lllr

United States

IV r

ir

II'

III'

IV •

lr

llr

ll l r

IV r

I'

II'

l llr

IV'

lr

IIP

11,327,195 11,493,304 11,696,446 11,828,816 11,942,634 12,131,515 12,294,280 12,445,933 12,436,903 12,341,864 12,087,756 12,191,395 12,156,914 12,225,831 12,341,249 12,462,673

2010:12010:11

1.0

New England..................

653,948

665,358

680,276

685,817

691,395

699,866

706,920

710,965

710,364

706,142

686,591

695,203

694,025

697,504

699,911

706,613

1.0

Connecticut...................
Maine..............................
Massachusetts.............
New Hampshire............
Rhode Island ................
Vermont.........................

185,342
44,618
306,298
53,915
41,210
22,565

188,526
44,848
312,065
55,754
41,401
22,763

194,242
45,759
318,996
55,544
42,528
23,207

196,328
46,111
320,940
56,515
42,435
23,488

198,321
46,462
323,812
56,382
42,723
23,694

199,685
47,099
329,009
57,031
43,091
23,950

200,191
47,914
332,901
57,763
43,926
24,225

201,123
48,323
335,142
57,924
44,080
24,373

201,753
48,372
334,365
57,598
43,849
24,426

199,075
48,191
333,218
57,182
44,030
24,447

191,393
47,450
324,863
55,988
43,041
23,856

195,064
48,154
327,723
56,352
43,621
24,289

193,681
48,262
327,623
56,614
43,516
24,330

194,767
48,493
329,085
56,676
43,912
24,571

194,938
48,830
331,048
56,936
43,774
24,385

196,740
49,301
334,191
57,514
44,217
24,650

0.9
1.0
0.9
1.0
1.0
1.1

2,057,945 2,098,947 2,149,936 2,163,343 2,185,937 2,215,432 2,236,051 2,248,332 2,248,026 2,233,029 2,163,848 2,212,671 2,205,496 2,221,404 2,237,945 2,257,170

0.9

Mideast...........................
Delaware.......................
District of C olum bia......
Maryland........................
New Jersey....................
New York........................
Pennsylvania.................

Great Lakes....................

33,710
35,095
254,229
414,119
854,479
466,313

33,583
35,508
257,116
421,354
878,725
472,662

34,317
36,691
260,140
430,969
905,873
481,946

34,600
37,084
263,277
434,167
907,976
486,240

34,663
37,940
264,952
436,465
920,369
491,549

35,142
38,356
269,132
442,658
931,832
498,312

1,644,593 1,659,519 1,684,623 1,694,584 1,705,635 1,727,951

35,430
39,769
271,372
446,955
939,224
503,302

35,851
40,236
274,399
447,197
940,306
510,343

35,937
40,578
274,992
447,936
938,765
509,818

35,801
40,817
274,974
445,447
927,818
508,171

35,270
40,277
272,362
430,307
884,099
501,533

35,366
40,963
275,674
436,695
916,829
507,144

35,366
40,784
275,631
436,788
911,335
505,592

35,437
41,114
276,908
438,073
919,280
510,592

35,619
41,610
279,330
443,104
925,130
513,152

36,035
41,861
281,817
446,477
932,631
518,349

1.2
0.6
0.9
0.8
0.8
1.0

1,752,529 1,770,005 1,766,387 1,752,731 1,711,632 1,725,746 1,722,739 1,733,455 1,739,799 1,756,953

1.0

Illinois.............................
Indiana...........................
Michigan........................
O hio................................
Wisconsin......................

507,031
208,103
336,430
392,987
200,043

514,917
209,504
337,247
395,663
202,188

522,383
212,014
342,613
403,148
204,467

529,908
213,439
342,528
403,474
205,235

535,000
214,292
344,834
405,205
206,304

545,702
217,285
346,067
409,382
209,514

551,801
222,304
352,129
414,169
212,126

556,374
224,588
356,03C
419,166
213,848

557,644
223,729
353,283
417,556
214,176

551,074
222,195
351,744
414,352
213,366

537,736
216,430
339,278
408,998
209,191

541,098
218,046
343,497
411,224
211,882

541,014
217,536
341,696
410,662
211,831

544,131
219,264
344,739
412,313
213,008

543,514
221,675
344,792
415,239
214,579

549,305
223,231
348,278
419,315
216,824

1.1
0.7
1.0
1.0
1.0

Plains..............................

718,130

728,538

741,263

753,824

758,933

776,212

797,880

801,685

805,276

801,295

785,195

786,479

786,554

791,397

796,420

804,733

1.0

Iow a................................
K ansas..........................
Minnesota......................
Missouri.........................
Nebraska.......................
North Dakota................
South Dakota................

101,025
99,347
206,920
199,853
62,828
21,412
26,745

102,538
101,496
209,377
202,129
64,040
21,832
27,126

104,805
103,051
212,897
204,039
65,678
22,602
28,190

106,838
104,322
216,148
207,139
67,112
23,271
28,995

107,575
104,784
216,724
208,903
67,773
23,763
29,410

110,428
107,421
220,942
212,724
69,568
24,816
30,315

114,693
111,246
226,327
215,408
71,613
26,589
32,003

114,438
112,583
225,240
219,734
71,865
26,332
31,492

115,144
113,100
228,069
218,022
72,140
27,016
31,785

113,468
112,153
224,999
222,807
70,324
26,521
31,024

112,961
110,125
219,560
214,984
70,734
25,985
30,845

112,977
110,548
220,053
215,527
70,327
26,142
30,905

112,932
110,685
220,048
214,896
70,269
26,602
31,122

113,794
111,336
222,089
215,316
70,929
26,646
31,286

114,708
112,843
223,866
217,518
71,158
25,536
30,791

115,943
113,945
225,921
219,620
72,045
26,040
31,220

1.1
1.0
0.9
1.0
1.2
2.0
' 1.4

2,597,556 2,631,668 2,679,350 2,713,739 2,739,002 2,776,242 2,808,876 2,856,775 2,842,048 2,822,524 2,783,020 2,806,553 2,795,105 2,809,169 2,842,341 2,870,702

1.0

Southeast.......................
Alabam a........................
Arkansas .......................
Florida...........................
Georgia..........................
Kentucky........................
Louisiana.......................
Mississippi.....................
North Carolina..............
South Carolina..............
Tennessee .....................
V irginia ..........................
West V irg in ia................

Southwest......................

145,536
83,429
696,370
313,365
127,590
144,123
81,379
299,194
135,111
201,123
318,003
52,333

147,153
84,759
703,378
318,355
129,068
146,262
82,247
304,609
136,722
204,591
321,453
53,071

149,593
86,299
711,398
326,802
130,693
148,619
83,763
311,406
139,439
207,236
330,824
53,277

150,920
88,545
716,825
329,110
132,123
156,990
86,301
314,529
141,186
209,812
333,695
53,703

152,257
89,767
723,759
331,537
132,750
158,504
87,456
317,338
142,641
211,626
337,123
54,243

154,692
93,486
729,821
334,254
135,019
161,614
88,005
323,345
144,935
215,742
340,372
54,956

157,103
92,756
734,322
340,424
137,123
164,953
89,100
326,067
146,746
218,366
346,012
55,905

1,218,073 1,239,052 1,254,143 1,276,918 1,299,195 1,326,422 1,366,391

A rizona ..........................
New Mexico...................
Oklahoma......................
Texas..............................

208,855
59,610
119,738
829,870

211,781
60,451
120,946
845,874

215,740
61,578
121,684
855,142

217,227
62,468
123,558
873,665

219,710
63,543
125,676
890,266

221,403
64,585
127,983
912,451

223,945
65,852
131,825
944,770

Rocky Mountain.............

375,759

381,068

385,712

393,309

397,591

407,489

Colorado........................
Ida h o ..............................
M ontana........................
Utah................................
Wyoming........................

196,248
46,355
30,785
78,909
23,461

198,009
47,488
31,205
80,608
23,758

199,609
48,386
31,691
82,544
23,483

203,488
48,920
32,241
84,756
23,905

206,039
49,078
32,579
85,630
24,265

211,477
50,084
33,278
87,534
25,115

Far West..........................
Alaska.............................
California.......................
Hawaii.............................
Nevada..........................
O re go n ..........................
Washington....................

2,061,192 2,089,154 2,121,143 2,147,281
26,378
26,789
1,504,904 1,523,387
49,706
50,323
99,912
98,023
130,202
128,396
253,785
258,540

27,578
1,545,365
51,335
101,624
131,131
264,110

28,044
1,561,554
52,072
102,761
132,648
270,200

158,903
94,111
740,868
341,868
139,155
170,620
90,361
329,622
148,959
219,590
350,423
57,567

157,655
93,458
732,606
338,732
138,900
172,125
89,847
327,022
147,851
217,178
349,147
58,004

1.1
0.9
0.9
0.9
1.3
1.1
0.8
1.2
1.0
1.0
0.9
1.1

1,402,350 1,403,800 1,399,185 1,372,498 1,373,076 1,370,276 1,377,838 1,397,180 1,416,274

1.4

224,684
66,942
135,741
976,435

411,806

416,562

213,191
50,449
33,880
88,063
26,223

215,506
50,789
34,167
89,275
26,825

155,708
93,449
719,300
333,220
137,556
169,274
89,213
321,718
146,342
214,222
345,148
57,869

157,845
93,489
723,913
335,358
139,528
168,481
90,208
326,691
147,602
216,231
348,609
58,599

157,166
93,606
718,624
333,109
139,738
168,173
89,701
326,365
147,352
214,936
348,024
58,311

157,620
94,197
721,959
334,296
140,659
168,250
90,150
328,008
148,710
217,060
349,618
58,642

159,167
95,172
727,454
339,379
142,488
170,532
91,240
333,857
150,041
220,760
352,968
59,282

160,853
96,074
734,110
342,406
144,299
172,442
91,940
337,856
151,525
223,020
356,241
59,936

225,956
67,275
135,673
973,446

222,337
66,829
134,874
975,145

219,349
66,259
132,335
954,555

219,951
66,611
132,020
954,494

218,031
66,784
132,103
953,358

219,746
67,324
132,117
958,650

418,274

413,669

407,538

406,486

406,773

216,619
50,460
34,273
89,509
27,414

213,592
49,807
34,123
88,759
27,388

210,661
48,867
33,599
87,763
26,648

209,382
48,843
33,925
88,119
26,218

209,891
48,927
34,034
87,890
26,031

220,829
68,468
133,625
974,258

223,612
69,339
135,237
988,087

1.3
1.3
1.2
1.4

408,572

413,574

417,487

0.9

210,979
49,138
34,135
88,331
25,990

213,275
49,756
34,470
89,617
26,456

214,914
50,200
35,023
90,660
26,691

0.8
0.9
1.6
1.2
0.9

2,164,947 2,201,902 2,213,827 2,239,259 2,242,727 2,213,290 2,177,436 2,185,180 2,175,945 2,186,493 2,214,079 2,232,741

0.8

28,274
1,570,427
52,970
104,031
134,203
275,042

28,628
1,595,680
53,686
106,416
136,670
280,823

30,083
1,600,904
54,290
106,034
138,002
284,514

p Preliminary
r Revised
1. Percent change from preceding period was calculated from unrounded data.
Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from




160,612
94,724
744,002
345,098
139,984
170,468
92,107
331,603
149,926
220,964
349,993
57,295

30,460
1,621,724
54,817
105,574
139,828
286,856

30,731
1,622,134
54,747
105,006
139,991
290,118

30,924
1,598,968
54,594
102,701
139,000
287,103

29,763
1,571,784
54,308
100,230
137,320
284,033

30,097
1,574,645
54,742
100,398
138,715
286,582

30,284
1,567,694
54,382
99,150
137,962
286,473

30,579
1,576,477
54,548
98,706
138,816
287,367

30,865
1,598,202
55,143
98,364
141,051
290,454

31,153
1,611,545
55,582
98,707
141,933
293,822

0.9
0.8
0.8
0.3
0.6
1.2

the estimate of personal income in the national income and product accounts because of differences in coverage, in the
methodologies used to prepare the estimates, and in the timing of the availability of source data.
Source: Table 1 in the “Regional Quarterly Report” in the October 2010 S urvey of C urrent B usiness

November 2010

D-75

S u r v e y o f C u r r e n t B u sin ess

Table I.2. Annual Personal Income and Per Capita Personal Income by State and Region
Personal income

Area

Per capita personal income
Percent
change1

Millions of dollars

2004r

2005r

2006'

United States..........................

9,928,790

10,476,669

11,256,516

2007r

2008r

11,899,853

12,379,745

12,165,474

-1.7

New England..........................................

580,159

602,449

649,981

689,339

708,598

693,331

-2.2

Connecticut..............................................
Maine.........................................................
Massachusetts.........................................
New Hampshire.......................................
Rhode Island............................................
Vermont.....................................................

161,428
41,164
271,086
48,661
37,585
20,234

168,804
41,982
282,367
50,028
38,570
20,697

184,049
44,307
304,855
53,765
40,664
22,341

197,144
46,358
323,189
56,368
42,695
23,585

200,536
48,200
333,906
57,617
43,971
24,368

193,726
48,090
327,324
56,408
43,522
24,261

-3.4
-0.2
-2.0
-2.1
-1 .0
-0 .4

Mideast...................................................

1,808,114

1,898,598

2,046,137

2,178,662

2,241,359

2,200,855

Delaware..................................................
District of Columbia.................................
Maryland..................................................
New Jersey...............................................
New York..................................................
Pennsylvania............................................

29,522
29,729
224,646
365,260
741,167
417,790

31,077
31,965
237,146
379,650
786,512
432,248

33,350
34,787
252,431
411,429
851,437
462,704

34,680
37,518
264,375
436,064
916,512
489,512

35,755
40,350
273,934
446,884
936,528
507,908

35,360
40 785
275,143
435,466
907,886
506,215

Great Lakes............................................

1,506,978

1,551,823

1,635,232

1,703,198

1,760,413

Illinois........................................................
Indiana.......................................................
Michigan...................................................
Ohio...........................................................
W isconsin.................................................

455,291
190,283
319,434
361,666
180,303

472,073
195,526
325,749
371,931
186,545

504,493
206,868
334,858
390,457
198,556

533,248
214,257
344,010
405,302
206,380

554,223
223,204
353,296
416,311
213,379

Plains......................................................

651,446

673,520

714,501

757,558

Iowa...........................................................
Kansas......................................................
Minnesota.................................................
Missouri.....................................................
Nebraska..................................................
North Dakota............................................
South Dakota............................................

93,316
87,177
188,330
180,547
57,905
19,293
24,879

95,467
90,876
193,990
186,753
60,064
20,542
25,829

100,573
98,577
205,857
198,727
62,810
21,375
26,582

107,412
104,894
216,678
208,201
67,533
23,613
29,228

Southeast...............................................

2,249,054

2,403,753

2,580,723

Alabama....................................................
Arkansas..................................................
F lorida.......................................................
Georgia......................................................
Kentucky...................................................
Louisiana..................................................
Mississippi................................................
North Carolina..........................................
South Carolina..........................................
Tennessee................................................
V irginia......................................................
West V irginia............................................

128,020
73,720
582,766
272,953
113,984
125,957
72,579
260,698
117,248
179,012
275,618
46,500

135,636
77,475
633,193
292,544
119,151
135,318
77,748
277,743
124,392
187,679
294,734
48,139

144,463
82,918
690,268
311,855
126,719
143,223
81,098
297,596
134,197
200,227
316,298
51,862

Southwest..............................................

1,019,582

1,107,818

Arizona......................................................
New Mexico..............................................
Oklahoma.................................................
Texas.........................................................

170,026
51,579
101,182
696,796

188,152
55,342
107,640
756,683

Rocky Mountain.....................................

318,318

Colorado....................................................
Idaho.........................................................
Montana...................................................
Utah...........................................................
W yom ing..................................................

168,587
39,544
26,495
65,453
18,239

Far W est.................................................
Alaska........................................................
California..................................................
Hawaii.......................................................
Nevada......................................................
Oregon......................................................
Washington..............................................

2009r

2009

Rank in
United
States

Dollars

2004'

2005'

2006'

2007'

2008'

2009'

33,881

35,424

37,698

39,458

40,673

39,626

40,809

42,345

45,585

48,212

49,336

48,049

46,459
31,465
42,021
37,641
35,079
32,733

48,543
32,007
43,757
38,441
36,217
33,446

52,809
33,695
47,144
40,982
38,355
36,035

56,510
35,191
49,727
42,789
40,468
38,012

57,248
36,524
51,028
43,587
41,738
39,236

55,063
36,479
49,643
42,585
41,324
39,021

-1.8

38,269

40,076

43,076

45,706

46,868

45,815

-1.1
1.1
0.4
-2 .6
-3.1
-0 .3

35,713
51 274
40,530
42,415
38,407
33,724

37,001
54 918
42,480
44,034
40,687
34,808

39,096
59 569
44,979
47,709
43,987
37,102

40,098
63 979
46,923
50,494
47,188
39,090

40,806
68 381
48,410
51,583
48,107
40,418

39,949
68 013
48,275
50,009
46,459
40,161

1,723,393

-2.1

32,814

33,710

35,420

36,787

37,949

37,062

540,995
217,819
342,302
410,799
211,478

-2 .4
-2 .4
-3.1
-1.3
-0 .9

36,005
30,619
31,661
31,546
32,715

37,246
31,268
32,283
32,412
33,664

39,668
32,827
33,212
33,975
35,637

41,727
33,762
34,227
35,180
36,843

43,154
34,939
35,321
36,113
37,916

41,904
33,912
34,334
35,590
37,398

801,534

787,406

-1.8

33,131

34,065

35,876

37,764

39,668

38,719

114,436
112,271
226,159
218,993
71,485
26,615
31,576

113,166
110,673
220,438
215,181
70,565
26,344
31,040

-1.1
-1 .4
-2.5
-1.7
-1.3
-1.0
-1.7

31,726
31,924
37,078
31,353
33,237
30,320
32,132

32,368
33,145
37,988
32,162
34,289
32,331
33,110

33,927
35,772
39,985
33,903
35,679
33,568
33,711

36,060
37,792
41,739
35,230
38,156
36,999
36,671

38,222
40,134
43,238
36,766
40,116
41,493
39,248

37,623
39,263
41,859
35,938
39,277
40,727
38,208

2,727,083

2,832,556

2,798,462

-1.2

30,812

32,452

34,438

35,865

36,811

36,033

151,866
89,524
720,451
330,426
132,646
156,432
86,381
316,654
142,050
211,104
335,503
54,045

158,568
93,762
737,950
341,530
138,791
169,541
90,354
328,578
148,370
219,025
348,894
57,193

157,085
93,685
720,949
333,996
139,370
168,544
89,818
325,695
147,502
215,612
347,850
58,355

-0.9
-0.1
-2.3
-2.2
0.4
-0.6
-0.6
-0.9
-0.6
-1.6
-0.3
2.0

28,372
26,845
33,540
30,622
27,479
28,057
25,149
30,558
27,908
30,255
36,902
25,786

29,843
27,907
35,605
32,157
28,489
30,086
26,808
32,037
29,226
31,302
38,966
26,685

31,421
29,455
38,161
33,425
30,033
33,776
27,992
33,562
30,925
32,881
41,362
28,697

32,744
31,498
39,417
34,659
31,165
35,747
29,565
34,935
32,107
34,199
43,460
29,839

33,900
32,695
40,054
35,217
32,368
38,086
30,730
35,533
32,947
35,098
44756
31,513

33,360
32,423
38,890
33,980
32,306
37,520
30,426
34,719
32,338
34,245
44,129
32,067

1,209,262

1,289,169

1,392,932

1,373,422

-1.4

30,359

32,368

34,473

36,030

38,231

37,045

206,958
59,274
118,749
824,281

218,520
63,044
124,725
882,881

224,230
66,724
134,528
967,449

219,269
66,745
132,144
955,264

-2.2
0.0
-1.8
-1.3

29,521
27,264
28,790
31,082

31,491
28,876
30,469
33,185

33,423
30,513
33,223
35,272

34,346
32,022
34,529
37,037

34,500
33,584
36,917
39,806

33,244
33,212
35,840
38,546

341,570

372,380

396,025

415,078

407,342

-1.9

32,286

34,064

36,293

37,767

38,825

37,459

179,695
42,197
28,179
71,530
19,969

194,390
46,253
30,447
78,378
22,912

205,153
49,117
32,447
85,116
24,192

214,727
50,376
34,111
88,901
26,963

210,228
48,944
33,923
88,025
26,222

-2.1
-2 .8
-0 .5
-1 .0
-2 .7

36,652
28,414
28,616
26,837
36,261

38,555
29,594
30,144
28,616
39,446

40,898
31,585
32,177
30,335
44,676

42,367
32,761
33,897
31,953
46,220

43,509
32,979
35,237
32,596
50,588

41,839
31,662
34,794
31,612
48,178

1,795,140

1,897,138

2,048,299

2,158,818

2,227,276

2,181,263

-2.1

37,928

40,580

42,371

43,231

41,876

23,070
1,312,227
42,285
82,161
112,974
222,422

24,617
1,387,661
45,332
91,837
117,634
230,057

26,304
1,495,533
49,124
97,844
127,403
252,091

28,131
1,568,257
52,516
103,708
133,663
272,544

30,550
1,610,932
54,612
104,829
139,205
287,148

30,180
1,572,650
54,495
99,621
138,203
286,114

-1.2
-2.4
-0.2
-5.0
-0.7
-0.4

34,872
36,903
33,753
35,282
31,614
35,966

36,770
38,767
35,804
38,125
32,515
36,743

38,835
41,567
38,510
39,241
34,644
39,561

41,230
43,291
41,130
40,389
35,806
42,157

44,395
44,038
42,418
40,076
36,798
43,732

43,209
42,548
42,075
37,691
36,125
42,933

r Revised
the estimate of personal income in the national income and product accounts because of differences in coverage, in the
1. Percent change from preceding period was calculated from unrounded data.
methodologies used to prepare the estimates, and in the timing of the availability of source data.
Note. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from
Source: Table 2 in the “Regional Quarterly Report” in the October 2010 Survey of C urrent B usiness




2009

1
30
3
10
16
22
19
4
2
6
18
13
40
37
34
29
27
21
14
32
20
17
25
41
44
23
39
46
28
50
36
45
38
7
47
42
43
33
24
15
48
35
49
5
8
11
12
26
31
9

Regional Data

D-7 6

November 2010

Table I.3. Disposable Personal Income and Per Capita Disposable Personal Income by State and Region
Per capita disposable personal incom e1

Disposable personal income
Percent
change2

Millions of dollars

Area

2004r

2005r

2006r

2007r

2008r

2009r

2009

Rank in
United
States

Dollars

2004r

2005r

2006r

2007r

2008r

2009r

United States.....................

8,882 065

9,269,389

9,905,432

10,412 579

0.8

30,309

31,342

33,174

34,527

35,952

35,916

New England.........................................

506 349

519,148

558,095

584 790

610,558

615,156

0.8

35,617

36,490

39,141

40,900

42,510

42,631

137
37
235
44
33
18

811
226
219
222
557
314

141,491
37,611
242,288
45,018
34,229
18,511

153,813
39,596
260,656
48,178
35,953
19,899

162
41
272
50
37
20

490
317
286
211
597
889

168,561
43,051
286,404
51,723
39,116
21,704

168,164
43,977
289,355
51,823
39,638
22,198

-0.2
2.2
1.0
0.2
1.3
2.3

39,662
28,455
36,461
34,207
31,320
29,627

40,689
28,675
37,546
34,591
32,140
29,914

44,134
30,112
40,309
36,724
33,911
32,096

46,577
31,365
41,895
38,115
35,637
33,666

48,120
32,622
43,769
39,128
37,129
34,947

47,797
33,359
43,884
39,124
37,636
35,703

1,580 391

1,849 420

Connecticut.
Maine...........
Massachusetts........................................
New Hampshire......................................
Rhode Island...........................................
Vermont.....

Mideast..........
Delaware
District of C olum bia................................
M aryland...................................................
New Jersey..............................................
New York..................................................
Pennsylvania...........................................

Great Lakes...........................................
Illinois.......................................................
Indiana......................................................
Michigan..................................................
Ohio..........................................................
Wisconsin................................................

Plains..
Iowa.
Kansas .....................................................
Minnesota................................................
Missouri
............................................
Nebraska
North Dakota...........................................
South Dakota...........................................

Southeast

1,640,209

1,755,189

085
956
375
707
253
015

27,089
27,635
205,361
328,725
668,814
382,585

29,108
30,114
217,700
355,529
714,843
407,895

1,350 590

26
25
196
320
637
374

1,923,431

1,945,128

1.1

33,450

34,622

36,951

38,799

40,220

40,491

220
169
522
131
015
362

31,494
35,241
237,638
385,960
785,809
447,289

31,980
36,430
244,517
386,761
788,456
456,985

1.5
3.4
2.9
0.2
0.3
2.2

31,556
44,767
35,430
37,242
33,022
30,191

32,252
47,478
36,787
38,127
34,598
30,808

34,123
51,567
38,790
41,227
36,930
32,707

34,941
54,857
40,205
43,090
39,130
34,207

35,943
59,723
41,996
44,551
40,365
35,594

36,130
60,751
42,902
44,416
40,348
36,255

1,499 039

30
32
226
372
760
428

1,380,020

1,447,415

1,561,496

1,568,232

0.4

29,409

29,978

31,352

32,378

33,661

33,725

401
679
780
521
209

417,908
175,184
291,861
329,577
165,490

443,565
184,570
299,376
344,743
175,160

465
190
305
356
181

111
000
770
590
568

488,791
199,210
315,874
369,487
188,134

489,471
199,005
313,796
374,504
191,456

0.1
-0.1
-0.7
1.4
1.8

32,218
27,626
28,523
28,132
29,250

32,972
28,016
28,924
28,721
29,864

34,877
29,289
29,693
29,997
31,438

36,395
29,940
30,422
30,952
32,414

38,059
31,184
31,580
32,051
33,431

37,913
30,983
31,475
32,445
33,857

588 699

602,630

635,546

669 529

711,598

715,952

0.6

29,940

30,480

31,912

33,376

35,217

35,206

85
79
167
163
52
17
23

209
021
008
733
717
814
197

86,413
81,470
170,056
167,716
54,246
18,849
23,879

90,432
87,754
179,851
177,581
56,222
19,412
24,293

95 788
92 601
188 205
184 832
60 137
21 313
26 653

102,362
99,763
197,422
195,038
64,087
23,976
28,950

103,425
100,670
197,921
196,279
64,568
24,118
28,971

1.0
0.9
0.3
0.6
0.8
0.6
0.1

28,969
28,937
32,880
28,434
30,259
27,996
29,959

29,298
29,714
33,302
28,884
30,967
29,667
30,611

30,506
31,845
34,934
30,296
31,936
30,484
30,809

32,157
33,363
36,254
31,275
33,977
33,396
33,440

34,189
35,663
37,744
32,745
35,965
37,379
35,983

34,385
35,714
37,583
32,781
35,939
37,286
35,662

2,036 424

2,427 930

407
171
287
322
161

2,547,376

2,570,940

0.9

27,899

29,084

30,727

31,930

33,105

33,103

218
677
860
841
192
822
338
554
054
290
283
802

143,389
84,740
669,467
306,044
123,939
152,174
83,038
292,043
134,258
201,570
305,358
51,356

144,832
86,281
667,940
305,653
127,380
153,848
83,798
296,762
136,382
202,333
312,200
53,530

1.0
1.8
-0.2
-0.1
2.8
1.1
0.9
1.6
1.6
0.4
2.2
4.2

25,921
24,572
30,367
27,509
24,781
25,807
23,349
27,500
25,411
28,026
32,566
23,668

27,031
25,344
31,726
28,653
25,512
27,557
24,795
28,546
26,368
28,810
34,039
24,249

28,245
26,690
33,994
29,581
26,894
30,561
25,751
29,721
27,763
30,023
35,983
26,042

29,371
28,385
35,117
30,611
27,769
32,408
27,155
30,732
28,718
31,151
37,732
26,945

30,655
29,549
36,337
31,558
28,904
34,185
28,242
31,582
29,813
32,301
39,171
28,297

30,758
29,861
36,031
31,096
29,526
34,249
28,387
31,635
29,900
32,135
39,606
29,416

1,157 247

1,256,600

1,265,053

0.7

27,829

29,320

31,010

32,343

34,489

34,122

202,853
60,694
120,558
872,495

203,194
61,739
121,048
879,072

0.2
1.7
0.4
0.8

26,727
24,982
26,217
28,604

28,159
26,242
27,435
30,175

29,753
27,515
29,718
31,832

30,588
28,795
30,758
33,344

31,211
30,549
33,084
35,899

30,807
30,721
32,831
35,472

347,397

368,703

370,843

0.6

29,131

30,347

32,052

33,130

34,487

34,102

178
43
28
74
21

786
694
826
959
132

189,582
45,294
30,502
79,335
23,990

190,432
45,093
31,057
80,352
23,909

0.4
-0.4
1.8
1.3
-0.3

32,830
25,921
26,103
24,325
33,060

34,160
26,572
27,192
25,554
35,371

35,946
28,127
28,850
26,849
39,292

36,922
29,144
30,114
28,140
40,373

38,414
29,652
31,509
29,089
45,010

37,899
29,171
31,853
28,856
43,929

1,789,939

1,877 227

1,963,087

1,975,257

0.6

32,240

33,293

35,462

36,844

38,103

37,921

23,892
1,298,263
43,547
86,564
111,224
226,448

25
1,352
46
92
117
243

344
890
589
004
357
042

27,546
1,409,889
48,817
94,942
122,033
259,859

27,673
1,415,642
49,937
92,281
125,164
264,559

0.5
0.4
2.3
-2.8
2.6
1.8

32,035
32,667
30,302
31,585
28,141
32,818

33,573
33,810
31,764
33,743
28,493
33,216

35,274
36,084
34,138
34,717
30,244
35,537

37,145
37,346
36,488
35,831
31,438
37,594

40,031
38,542
37,917
36,296
32,258
39,576

39,620
38,300
38,556
34,914
32,717
39,699

2,154,295

2,302,607

963
478
637
210
792
856
386
606
761
821
235
681

122,857
70,359
564,208
260,665
106,698
123,943
71,910
247,481
112,228
172,735
257,467
43,743

129,861
75,136
614,903
275,989
113,474
129,587
74,603
263,532
120,475
182,823
275,159
47,064

Southwest.............................................

934 596

1,003,510

1,087,780

Arizona.....................................................
New Mexico.............................................
Oklahoma................................................
Texas

153 935
47 262
92 139
641 261

168,244
50,294
96,921
688,051

184,234
53,451
106,223
743,873

194
56
111
794

606
690
105
846

Rocky Mountain.....................................

287 207

304,303

328,862

151
36
24
59
16

009
075
169
326
629

159,214
37,888
25,419
63,876
17,906

170,853
41,189
27,299
69,370
20,151

1,597 808

1,665,273

21
1,161
37
73
100
202

22,477
1,210,243
40,216
81,280
103,084
207,973

Alabam a..................................................
Arkansas ..................................................
Florida......................................................
Georgia.....................................................
Kentucky...................................................
Louisiana
............................................
Mississippi...
North Carolina.........................................
South Carolina.........................................
Tennessee...
Virginia
West V irginia...........................................

Colorado...................................................
Idaho
Montana..................................................
Utah.
Wyoming..................................................

Far West
Alaska.......................................................
California.................................................
Hawaii.......................................................
Nevada.....................................................
O regon.....................................................
Washington..............................................

10,942,849 11,026,561

116
67
527
245
102
115
67
234
106
165
243
42

193
582
962
552
562
957

136
80
641
291
118
141
79
278
127
192
291
48

r Revised
the estimate of personal income in the national income and product accounts because of differences in coverage, in the
1. Per capita disposable personal income was computed using midyear population estimates of the Census Bureau.
methodologies used to prepare the estimates, and in the timing of the availability of source data.
2. Percent change from preceding period was calculated from unrounded data.
Source: Table 3 in the “Regional Quarterly Report" in the October 2010 S urvey of C urrent B usiness
N ote. The personal income level shown for the United States is derived as the sum of the state estimates. It differs from




2009

1
30
4
10
15
23
19
5
2
6
18
13
40
38
34
29
27
22
16
32
21
17
24
42
45
20
39
46
28
50
37
44
35
9
47
41
43
31
25
14
48
36
49
3
8
12
11
26
33
7

D-77

November 2010

Table I.4. Gross Domestic Product (GDP) by State for Industries, 2008
[Millions of dollars]

State and region

Rank
of total
GDP by
state

Total

Natural
resources Construction
and mining

Durable-goods
manufacturing

Nondurablegoods
manufacturing

Trade

Transportation
Information
and utilities

Financial
activities

Professional
Education
and
and health
business
services
services

14,165,565

483,038

581,537

914,711

763,683

3,315

26,634

54,360

28,873

85,315

27,907

New 188,953
England......................
31,987
111,355

216,174
49,709
364,988
60,005
47,364
25,442

475
759
1,103
303
122
554

5,793
2,222
13,267
2,300
1,995
1,058

17,863
2,920
23,646
4,818
3,000
2,112

11,000
2,574
11,160
1,700
1,650
789

23,169
6,897
38,376
8,434
5,153
3,286

7,921
2,319
11,515
3,132
1,756
1,263

8,213
1,277
17,565
2,184
1,803
944

61,023
9,865
87,286
13,852
12,301
4,627

2,605,113

14,141

91,233

94,225

114,216

280,482

115,571

139,307

674,662

61,828
97,235
273,333
474,936
1,144,481
553,301

455
1
1,254
958
3,827
7,647

2,011
1,159
14,727
17,321
34,088
21,928

1,132
63
6,600
13,899
30,349
42,183

3,433
130
8,594
29,957
38,787
33,314

4,634
2,079
29,584
67,259
110,544
66,381

1,979
1,336
14,369
23,731
40,405
33,752

1,250
5,612
10,081
22,063
80,138
20,164

Great Lakes........................

1,983,039

28,134

74,734

214,502

122,706

247,109

113,394

59,086

369,162

Indiana................................
Michigan............................
O hio....................................
W isconsin..........................

17
12
8
21

633,697
254,861
382,544
471,508
240,429

8,163
4,824
4,338
5,893
4,916

25,786
10,287
13,020
16,262
9,379

45,583
38,399
45,866
55,372
29,283

33,176
25,381
15,891
28,686
19,572

79,147
30,319
49,025
60,401
28,217

37,408
16,536
19,838
27,479
12,133

23,141
5,641
10,541
12,436
7,326

Illinois.................................
95,820
137,243
38,201
21,253
54,071
67,060
81,461
59,603
45,196
22,083

49,976
22,268
35,669
44,134
22,906

910,517

41,557

34,822

73,870

54,904

114,834

53,332

36,040

157,068

101,701

79,845

Iowa....................................
Kansas...............................
Minnesota..........................
Missouri..............................
Nebraska...........................
North Dakota.....................
South Dakota.....................

30
32
16
22
36
49
46

135,702
122,731
262,847
237,797
83,273
31,208
36,959

9,026
6,960
7,336
4,109
5,803
4,664
3,660

4,769
4,364
9,791
10,046
3,112
1,418
1,323

15,301
11,881
20,999
16,299
4,778
1,997
2,614

12,869
6,718
12,726
15,748
5,085
837
921

15,630
15,736
33,470
31,476
9,742
4,259
4,522

7,923
7,216
11,852
13,391
8,803
2,278
1,868

3,864
7,220
9,088
11,117
2,759
1,002
991

24,581
16,889
53,522
36,116
12,893
4,191
8,878

8,447
12,509
36,989
32,017
7,885
1,865
1,989

10,354
9,446
25,136
21,864
6,802
2,744
3,499

3,148,037

90,891

143,916

193,231

199,676

403,610

169,004

119,868

560,883

369,289

............................
Arkansas ...........................
Florida................................
Georgia...............................
Kentucky.............................
Louisiana...........................
Mississippi.........................
North Carolina...................
South Carolina...................
Tennessee.........................
V irginia...............................
West V irginia.....................

25
34
4
10
27
23
35
9
28
18
11
40

170,014
98,331
744,120
397,756
156,436
222,218
91,782
400,192
156,384
252,127
397,025
61,652

5,450
5,011
7,567
5,000
6,392
38,408
5,554
4,493
1,403
1,851
3,837
5,926

7,568
3,987
41,929
17,464
6,028
9,680
4,438
16,628
7,719
9,596
16,384
2,494

18,196
9,386
24,118
18,382
16,630
8,613
8,181
30,979
15,119
24,487
15,651
3,487

11,079
7,697
11,602
24,902
12,203
31,932
5,548
46,977
10,054
16,107
18,447
3,130

23,023
13,622
102,447
56,941
20,067
23,242
11,963
46,711
21,277
37,583
39,251
7,484

9,817
7,022
35,381
24,832
10,372
13,802
6,037
16,708
8,600
13,989
17,365
5,080

4,418
3,853
30,497
25,260
4,143
4,447
2,096
12,097
4,313
8,438
18,820
1,484

Alabam
24,215 a
12,065
181,383
69,226
20,263
22,302
11,333
76,592
23,753
38,728
73,425
7,597

16,192
8,639
93,052
49,838
13,258
17,965
6,490
42,039
15,576
29,151
72,701
4,388

1,698,748

192,030

80,964

107,262

92,081

206,556

107,368

59,605

256,714

248,888
79,901
146,448
1,223,511

7,259
13,708
22,850
148,214

13,269
3,473
5,369
58,853

16,212
4,195
9,703
77,151

3,314
1,072
6,042
81,652

33,367
7,896
16,927
148,365

11,437
4,076
8,903
82,952

6,662
2,112
4,498
46,334

57,732
10,035
17,531
171,416

482,328

38,777

24,323

23,528

13,123

56,728

24,086

27,621

248,603
52,747
35,891
109,777
35,310

14,472
3,467
4,040
4,710
12,088

12,099
2,720
2,007
5,343
2,154

9,456
3,423
833
9,442
373

6,443
1,778
618
3,576
708

28,508
7,273
4,383
13,455
3,109

9,639
2,669
3,034
5,184
3,560

21,137
1,229
938
3,834
483

2,574,100

74,192

104,911

153,734

97,380

309,639

110,220

47,912
1,846,757
63,847
131,233
161,573
322,778

15,498
43,333
406
3,350
4,190
7,415

1,829
67,770
3,596
10,665
6,339
14,711

163
100,274
427
4,200
25,388
23,282

791
80,860
664
1,540
4,813
8,713

2,927
223,755
6,590
15,023
19,205
42,139

5,039
75,890
3,351
6,330
7,081
12,529

Connecticut.......................
Maine..................................
Massachusetts..................
New Hampshire................
Rhode Island.....................
Vermont..............................

24
43
13
41
45
50

...........................

39

M aryland............................
New Jersey........................
New Y ork...........................
Pennsylvania.....................

15
7
3
6

Southwest..........................
A rizona...............................
New Mexico.......................
Oklahoma..........................
Texas..................................

19
37
29
2

Rocky Mountain.................
Colorado............................
Idaho..................................
M ontana............................
Utah....................................
Wyoming............................

20
42
47
33
48

Far West..............................
Alaska.................................
California...........................
Hawaii.................................
Nevada ...............................
Oregon...............................
Washington........................

44
1
38
31
26
14

722,960 1,704,273

Note. Totals shown for the United States differ from the national income and product account statistics of gross
domestic product (GDP) because GDP by state excludes and national GDP includes the compensation of federal civilian
and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad




720,882

Other
services

Government

1,157,916

536,346

326,796

1,740,939

86,013

26,746

16,164

76,062

29,282
4,596
63,351
7,034
4,961
2,131

20,504
6,063
44,010
6,633
5,656
3,147

6,197
2,067
12,927
2,346
1,841
1,368

4,285
1,121
7,648
1,458
1,031
620

20,448
7,031
33,134
5,812
6,095
3,542

382,607

239,860

87,979

61,692

309,137

Delaware
27,420
7,588
13,671
24,609
53,919
41,931
110,823
72,742
162,536
363,255
105,574
73,201

3,953
6,929
24,896
39,766
99,982
64,334

1,467
3,602
9,198
17,262
39,587
16,862

1,107
6,297
7,044
9,809
23,497
13,938

5,398
31,749
51,133
49,344
117,487
54,025

66,558

47,536

212,334

5 21,470
9,638
13,405
14,673
7,372

15,524
6,197
9,281
11,009
5,525

61,261
25,918
44,538
54,098
26,519

30,247

21,126

111,170

4,290
3,447
8,202
9,907
2,160
904
1,337

2,864
2,929
5,935
6,140
1,791
659
808

15,784
17,418
27,801
29,567
11,660
4,391
4,549

246,449

127,683

75,343

448,195

13,071
8,162
63,525
28,323
13,910
14,094
7,224
30,032
10,655
25,721
25,775
5,955

4,845
2,898
42,321
13,883
5,159
8,863
4,620
12,830
6,890
11,048
12,055
2,271

4,388
2,313
19,701
8,269
3,442
4,278
2,220
8,105
3,957
6,873
10,419
1,378

27,752
13,675
90,599
55,436
24,568
24,591
16,077
56,001
27,068
28,556
72,895
10,977

193,209

113,885

54,993

34,842

199,239

29,962
9,088
13,375
140,784

21,425
5,877
10,657
75,926

10,989
2,846
4,384
36,774

4,878
1,664
3,187
25,113

32,383
13,859
23,021
129,976

85,923

60,244

32,925

19,898

11,727

63,426

46,224
8,943
5,568
21,768
3,420

36,574
6,446
2,836
12,830
1,559

16,488
4,259
3,401
7,297
1,480

11,079
1,919
1,743
3,849
1,307

5,877
1,076
885
3,311
578

30,608
7,544
5,604
15,178
4,491

148,472

555,045

334,536

183,985

122,243

58,366

321,378

1,046
112,752
1,391
2,364
5,420
25,499

4,792
416,324
13,903
28,606
29,051
62,369

2,691
260,133
5,789
14,035
16,113
35,775

2,562
131,067
4,918
7,019
14,139
24,279

1,440
75,639
6,087
22,400
5,305
11,371

702
42,196
1,592
2,337
3,784
7,755

8,432
216,764
15,133
13,364
20,745
46,940

621,986 2,848,410

1,805,772

Leisure
and
hospitality

252,830

174,954

and for military equipment, except office equipment. Also, GDP by state and national GDP have different revision schedules.
Source: This table reflects the GDP-by-state statistics for 2008 that were released on June 2,2009.

D-78

November 2010

J. Local Area Table
Table

J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2007-2009—Continues
Personal income

United States.................................
Metropolitan portio n .................................................

Percent change from
preceding period 2

Millions of dollars

Area

Per capita personal income1
Rank in
United States

Dollars

2007

2008

2009 p

11,879,836

12,225,589

12,024,414

2.9

-1.6

39,392

40,166

39,167

2.0

-2.5

10,404,973

10,684,318

10,488,977

2.7

-1.8

41,260

41,930

40,757

1.6

-2.8

5,116
26,005
4,533
34,883
28,883
4,988
30,270
3,872
8,012
2,926
16,068
3,891
5,314
13,614
3,515
8,194
13,722
5,477
203,961
10,407
3,594
16,872
59,758
23,023
124,418
4,711
11,081
26,749
4,150
3,218
12,696
6,750
5,566
5,742
8,066
43,734
3,787
4,351
5,342
6,105
21,200
243,740
14,886
3,531
10,001
70,748
7,846
3,595
40,778
4,502
8,258
13,053
24,617
2,895
2,365
3,557
9,425
7,360
10,703
22,102
66,218
8,226
17,653
3,739
423,953
6,856
82,568
8,666
3,293
82,646
4,282
5,568
22,729
5,690
24,932
10,150
2,742
67,204
13,982
3,013
7,321

5,343
26,523
4,746
36,327
29,982
5,218
31,012
3,993
8,463
3,052
17,267
4,026
5,534
13,483
3,652
8,417
14,038
5,700
206,463
10,780
3,693
17,672
61,800
23,952
128,213
4,948
11,341
28,326
4,317
3,332
13,403
7,010
5,635
5,900
8,415
44,798
3,947
4,470
5,568
6,435
21,323
250,811
15,040
3,698
10,312
70,754
8,323
3,718
42,317
4,659
8,517
13,393
24,077
2,978
2,374
3,812
9,893
7,778
11,257
22,941
67,612
8,453
18,091
3,915
431,795
7,101
84,330
9,304
3,383
84,009
4,422
5,836
23,581
5,910
25,880
10,646
2,874
68,952
14,725
3,087
7,370

5,285
26,071
4,809
36,291
30,168
5,262
31,015
4,096
8,417
3,074
16,988
4,064
5,462
13,219
3,629
8,234
13,847
5,604
199,747
10,711
3,704
17,898
60,568
24,174
129,061
5,072
11,274
28,577
4,342
3,356
13,342
6,946
5,503
5,873
8,348
43,511
4,072
4,500
5,716
6,510
20,615
246,471
14,412
3,660
10,369
66,437
8,505
3,636
42,155
4,562
8,582
13,206
22,984
3,048
2,303
3,633
9,829
7,883
11,431
22,938
65,234
8,433
17,734
3,934
418,929
7,164
82,897
9,730
3,367
82,288
4,358
5,905
24,077
6,025
25,952
10,837
2,769
68,907
14,457
3,059
7,429

4.4
2.0
4.7
4.1
3.8
4.6
2.5
3.1
5.6
4.3
7.5
3.5
4.1
-1.0
3.9
2.7
2.3
4.1
1.2
3.6
2.8
4.7
3.4
4.0
3.1
5.0
2.3
5.9
4.0
3.6
5.6
3.9
1.2
2.8
4.3
2.4
4.2
2.7
4.2
5.4
0.6
2.9
1.0
4.7
3.1
0.0
6.1
3.4
3.8
3.5
3.1
2.6
-2.2
2.9
0.4
7.2
5.0
5.7
5.2
3.8
2.1
2.8
2.5
4.7
1.8
3.6
2.1
7.4
2.7
1.6
3.3
4.8
3.8
3.9
3.8
4.9
4.8
2.6
5.3
2.5
0.7

-1.1
-1.7
1.3
-0.1
0.6
0.8
0.0
2.6
-0.5
0.7
-1.6
0.9
-1.3
-2.0
-0.6
-2.2
-1.4
-1.7
-3.3
-0.6
0.3
1.3
-2.0
0.9
0.7
2.5
-0.6
0.9
0.6
0.7
-0.5
-0.9
-2.4
-0.5
-0.8
-2.9
3.2
0.7
2.7
1.2
-3 .3
-1.7
-4.2
-1.0
0.6
-6.1
2.2
-2.2
-0.4
-2.1
0.8
-1.4
-4.5
2.3
-3.0
-4.7
-0.7
1.3
1.6
0.0
-3.5
-0.2
-2 .0
0.5
-3 .0
0.9
-1.7
4.6
-0.5
-2.0
-1.5
1.2
2.1
1.9
0.3
1.8
-3.7
-0.1
-1.8
-0.9
0.8

32,176
37,120
27,699
40,941
34,604
32,661
37,586
30,736
33,129
34,329
44,521
29,723
29,496
39,142
31,163
37,585
33,935
29,333
38,721
38,553
27,476
31,892
37,477
29,341
46,604
31,705
49,858
34,647
30,361
29,968
33,791
35,004
36,282
38,332
32,870
39,299
36,760
27,602
29,198
37,228
36,160
54,117
50,344
30,327
42,004
79,576
20,502
35,371
36,216
31,083
40,059
31,946
42,062
31,140
42,998
49,526
37,367
32,932
35,277
34,973
40,108
42,731
34,225
43,175
44,854
31,486
38,434
33,053
29,606
39,370
31,976
27,436
37,428
35,097
34,646
35,377
36,714
38,198
33,975
36,937
40,465

33,589
37,893
28,854
42,523
35,415
34,005
38,208
31,709
34,729
35,400
47,205
30,674
30,252
39,107
32,199
38,298
34,323
30,010
38,336
39,835
27,749
33,056
37,362
30,047
47,881
33,149
51,194
36,346
31,652
30,971
35,507
35,592
35,728
38,737
34,367
39,886
37,728
28,196
30,231
38,865
35,615
55,187
50,058
31,180
42,992
79,108
21,387
36,088
37,647
31,501
41,139
32,763
40,898
31,926
42,955
52,185
38,811
34,723
37,111
35,447
39,621
43,344
34,784
44,613
45,377
32,349
39,066
35,545
30,092
40,118
32,279
28,176
38,221
35,998
35,328
37,063
38,068
38,741
35,636
37,755
41,050

33,016
37,247
29,068
42,318
35,165
34,146
38,008
32,478
34,150
35,246
45,355
30,921
29,542
38,032
31,809
37,108
33,554
29,153
36,482
39,421
27,259
33,197
35,522
29,940
47,962
33,947
50,979
36,314
32,018
31,237
35,252
34,657
34,688
37,997
34,116
38,468
38,311
28,197
30,796
38,818
33,997
53,713
47,489
30,348
43,051
73,720
21,456
35,013
37,511
30,338
41,247
32,367
39,160
32,521
41,741
48,759
38,345
34,859
37,577
34,797
37,372
42,857
33,824
44,273
43,727
32,478
38,168
36,233
29,704
39,348
31,265
27,818
38,448
36,241
34,847
37,011
36,400
38,242
34,743
37,030
41,624

4.4
2.1
4.2
3.9
2.3
4.1
1.7
3.2
4.8
3.1
6.0
3.2
2.6
-0.1
3.3
1.9
1.1
2.3
-1.0
3.3
1.0
3.6
-0.3
2.4
2.7
4.6
2.7
4.9
4.3
3.3
5.1
1.7
-1.5
1.1
4.6
1.5
2.6
2.2
3.5
4.4
-1.5
2.0
-0.6
2.8
2.4
-0.6
4.3
2.0
4.0
1.3
2.7
2.6
-2.8
2.5
-0.1
5.4
3.9
5.4
5.2
1.4
-1.2
1.4
1.6
3.3
1.2
2.7
1.6
7.5
1.6
1.9
0.9
2.7
2.1
2.6
2.0
4.8
3.7
1.4
4.9
2.2
1.4

-1.7
-1.7
0.7
-0.5
-0.7
0.4
-0 .5
2.4
-1 .7
-0 .4
-3.9
0.8
-2 .3
-2 .7
-1.2
-3.1
-2 .2
-2 .9
-4.8
-1.0
-1 .8
0.4
-4.9
-0 .4
0.2
2.4
-0 .4
-0.1
1.2
0.9
-0.7
-2.6
-2.9
-1.9
-0.7
-3.6
1.5
0.0
1.9
-0.1
-4.5
-2.7
-5.1
-2.7
0.1
-6.8
0.3
-3.0
-0 .4
-3 .7
0.3
-1.2
-4.2
1.9
-2 .8
-6 .6
-1 .2
0.4
1.3
-1 .8
-5 .7
-1.1
-2 .8
-0 .8
-3 .6
0.4
-2 .3
1.9
-1.3
-1.9
-3.1
-1.3
0.6
0.7
-1.4
-0.1
-4.4
-1.3
-2.5
-1.9
1.4

2008

2009p

2007

Percent change from
preceding period

2008

2009“

2008

2009 p

Metropolitan statistical areas 3
Abilene, T X .........................................................................
Akron, OH................................
Albany, GA...............................
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, SC.
Ann Arbor, M l.
Anniston-Oxford, A L ..........................................................
Appleton, Wl...
Asheville, NC..
Athens-Clarke County, G A ...............................................
Atlanta-Sandy Springs-Marietta, G A ...............................
Atlantic City-Hammonton, N J ...........................................
Auburn-Opelika, AL
Augusta-Richmond County, GA-SC.................................
Austin-Round Rock-San Marcos, TX...............................
Bakersfield-Delano, C A .....................................................
Baltimore-Towson, M D ......................................................
Bangor, ME
Barnstable Town, M A ........................................................
Baton Rouge, L A ...............................................................
Battle Creek, Ml..................................................................
Bay City, M l....
Beaumont-Port Arthur, T X ................................................
Bellingham, WA
Bend, OR
Billings, MT
Binghamton, N Y .................................................................
Birmingham-Hoover, A L ...................................................
Bismarck, N D .....................................................................
Blacksburg-Christiansburg-Radford, VA.........................
Bloomington, IN
.......................................................
Bloomington-Normal, I L ....................................................
Boise City-Nampa, ID.
Boston-Cambridge-Quincy, MA-NH.................................
Boulder, CO........................................................................
Bowling Green, KY
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, V T......................................
Canton-Massillon, OH
Cape Coral-Fort Myers, FL...............................................
Cape Girardeau-Jackson, MO-IL.....................................
Carson City, NV
Casper, W Y ........................................................................
Cedar Rapids, IA ................................................................
Champaign-Urbana, IL ......................................................
Charleston, W V ..................................................................
Charleston-North Charleston-Summerville, S C ............
Charlotte-Gastonia-Rock Hill, N C -S C ............................
Charlottesville, V A ..............................................................
Chattanooga, TN-GA.........................................................
Cheyenne, W Y ...................................................................
Chicago-Joliet-Naperville, IL-IN-WI.................................
Chico, C A ............................................................................
Cincinnati-Middletown, OH-KY-IN....................................
Clarksville, TN -KY .............................................................
Cleveland, T N .....................................................................
Cleveland-Elyria-Mentor, O H ............................................
Coeur d’Alene, ID ..............................................................
College Station-Bryan, TX................................................
Colorado Springs, C O .......................................................
Columbia, M O ....................................................................
Columbia, S C .....................................................................
Columbus, G A -A L.............................................................
Columbus, IN..
Columbus, OH
Corpus Christi, TX.............................................................
Corvallis, O R ......................................................................
Crestview-Fort Walton Beach-Destin, F L .......................
See the footnotes at the end of the table.




225
122
341
49
178
209
117
277
193
180
24
305
317
92
267
112
202
327
111
77
353
240
129
325
21
238
13
146
279
298
175
171
163
106
200
76
124
347
318
101
170
7
17
295
44
1
365
152
126
284
58
247
63
272
45
11
103
194
131
177
84
40
192
37
34
260
94
173
324
70
264
348
116
156
183
133
118
105
168
123
60

November

2010

D-79

S u r v ey o f C u r r e n t B u s in e ss

Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2007-2009—Continues
Personal income
Area

Cumberland, MD-W V........................................................
Dallas-Fort Worth-Arlington, T X ......................................
Dalton, GA...........................................................................
Danville, IL..
Danville, V A ........................................................................
Davenport-Moline-Rock Island, IA -IL ..............................
Dayton, OH.........................................................................
Decatur, A L ......................................
Decatur, IL ........................................
Deltona-Daytona Beach-Ormond Beach, F L ................
Denver-Aurora-Broomfield, C O ........................................
Des Moines-West Des Moines, IA...................................
Detroit-Warren-Livonia, M l...............................................
Dothan, A L .
Dover, DE...
Dubuque, IA
Duluth, MN-WI....................................................................
Durham-Chapel Hill, NC...................................................
Eau Claire, W l....................................................................
El Centro, C A .....................................................................
Elizabethtown, K Y .............................................................
Elkhart-Goshen, IN ...........................................................
Elmira, NY..
El Paso, TX.
Erie, PA
..........................................................................
Eugene-Springfield, O R ...................................................
Evansville, IN-KY................................................................
Fairbanks, AK
Fargo, ND-MN....................................................................
Farmington, NM..................................................................
Fayetteville, N C ..................................................................
Fayetteville-Springdale-Rogers, A R -M O ........................
Flagstaff, A Z .......................................................................
Flint, M l...............................................................................
Florence, S C ......
Florence-Muscle Shoals, A L ............................................
Fond du Lac, W l................................................................
Fort Collins-Loveland, C O ................................................
Fort Smith, AR-O K.
Fort Wayne, IN ......
Fresno, C A .............
Gadsden, A L ......................................................................
Gainesville, F L .....
Gainesville, GA
Glens Falls, N Y .....
Goldsboro, NC
Grand Forks, N D -M N ........................................................
Grand Junction, CO
Grand Rapids-Wyoming, M i.............................................
Great Falls, MT...................................................................
Greeley, C O .........................
Green Bay, W l....................
Greensboro-High Point, N C .............................................
Greenville, N C ....................
Greenville-Mauldin-Easley, S C ........................................
Gulfport-Biloxi, M S ............
Hagerstown-Martinsburg, M D -W V..................................
Hanford-Corcoran, CA
...............................................
Harrisburg-Carlisle, PA
Harrisonburg, VA...............
Hartford-West Hartford-East Hartford, CT......................
Hattiesburg, M S ................................................................
Hickory-Lenoir-Morganton, N C .......................................
Hinesville-Fort Stewart, GA
Holland-Grand Haven, Ml..
Honolulu, H I.......................................................................
Hot Springs, A R .................
Houma-Bayou Cane-Thibodaux, L A ...............................
Houston-Sugar Land-Baytown, TX ..................................
Huntington-Ashland, WV-KY-OH.....................................
Huntsville, A L .....................
Idaho Falls, ID ....................
Indianapolis-Carmel, IN
Iowa City, IA........................................................................
Ithaca, N Y ..
Jackson,Ml
Jackson, M S.......................................................................
Jackson, T N .......................................................................
Jacksonville, FL ..................................................................
Jacksonville, N C .................................................................
Janesville, W l.....................................................................
Jefferson City, M O .............................................................
Johnson City, T N ................................................................
Johnstown, PA....................................................................
Jonesboro, AR....................................................................
Joplin, M O ..........................................................................
See the footnotes at the end of the table.




Millions of dollars
2007

2008

2,848
254,067
3,867
2,327
3,050
13,943
29,308
4,685
4,109
15,895
116,354
22,732
170,963
4,562
4,626
3,133
9,189
19,556
5,130
4,231
3,661
6,615
2,788
19,596
8,689
11,353
12,217
3,537
7,226
3,568
12,828
14,373
4,259
12,529
6,301
4,220
3,538
11,112
8,664
13,870
27,117
2,993
8,732
5,413
4,087
3,416
3,259
4,811
25,596
2,886
6,780
10,917
24,421
5,420
20,704
8,669
8,398
3,893
20,259
3,577
59,198
3,937
10,797
1,830
8,424
39,258
3,190
7,361
248,161
8,286
14,397
3,975
65,586
5,441
3,251
4,649
18,610
3,543
52,267
6,016
5,059
4,768
5,768
4,310
3,357
4,880

3,003
262,549
3,851
2,456
3,165
14,540
29,736
4,884
4,241
15,964
120,044
23,552
172,649
4,718
4,781
3,266
9,520
20,092
5,261
4,512
3,820
6,457
2,942
20,728
9,031
11,680
12,737
3,833
7,801
3,858
13,838
14,818
4,409
12,646
6,528
4,377
3,649
11,378
8,937
14,067
27,994
3,098
8,884
5,578
4,248
3,557
3,487
5,203
26,076
2,997
7,068
11,204
25,038
5,682
21,451
8,427
8,757
3,977
20,875
3,688
60,458
4,094
10,981
1,913
8,612
40,809
3,253
7,910
262,484
8,713
15,197
4,142
67,623
5,716
3,420
4,745
19,368
3,668
52,697
6,758
5,098
4,975
6,007
4,511
3,571
5,120

Per capita personal income1
Percent change from
preceding period 2

2009 p
3,134
254,769
3,722
2,507
3,224
14,429
29,514
4,794
4,219
15,610
117,356
23,524
165,311
4,723
4,909
3,232
9,503
20,107
5,240
4,698
4,017
6,051
2,899
21,515
9,038
11,526
12,691
3,833
7,836
3,783
14,745
14,664
4,429
12,562
6,517
4,392
3,501
11,150
8,807
13,864
28,120
3,096
8,895
5,380
4,249
3,628
3,434
4,996
25,661
3,017
6,906
11,048
24,516
5,768
20,962
8,486
8,826
3,923
21,064
3,704
59,402
4,126
10,712
1,986
8,313
41,282
3,221
7,725
255,635
8,931
15,476
4,076
66,850
5,784
3,423
4,690
19,198
3,634
51,533
7,730
4,932
5,027
6,059
4,624
3,529
5,157

2008
5.5
3.3
-0.4
5.5
3.8
4.3
1.5
4.2
3.2
0.4
3.2
3.6
1.0
3.4
3.3
4.2
3.6
2.7
2.6
6.7
4.3
-2.4
5.5
5.8
3.9
2.9
4.3
8.4
8.0
8.1
7.9
3.1
3.5
0.9
3.6
3.7
3.1
2.4
3.2
1.4
3.2
3.5
1.7
3.0
3.9
4.1
7.0
8.1
1.9
3.8
4.2
2.6
2.5
4.8
3.6
-2 .8
4.3
2.2
3.0
3.1
2.1
4.0
1.7
4.6
2.2
4.0
2.0
7.5
5.8
5.2
5.6
4.2
3.1
5.1
5.2
2.1
4.1
3.5
0.8
12.3
0.8
4.3
4.1
4.7
6.4
4.9

2009p
4.3
-3 .0
-3 .3
2.1
1.9
-0 .8
-0 .7
-1 .8
-0 .5
-2 .2
-2.2
-0.1
-4.3
0.1
2.7
-1 .0
-0 .2
0.1
-0 .4
4.1
5.2
-6.3
-1.5
3.8
0.1
-1.3
-0 .4
0.0
0.4
-1.9
6.6
-1.0
0.5
-0.7
-0 .2
0.3
-4.1
-2.0
-1.5
-1 .4
0.5
-0.1
0.1
-3 .5
0.0
2.0
-1 .5
-4 .0
-1 .6
0.7
-2 .3
-1 .4
-2.1
1.5
-2 .3
0.7
0.8
-1 .3
0.9
0.4
-1.7
0.8
-2.5
3.8
-3 .5
1.2
-1 .0
-2 .3
-2.6
2.5
1.8
-1 .6
-1.1
1.2
0.1
-1 .2
-0 .9
-0 .9
-2 .2
14.4
-3 .3
1.0
0.9
2.5
-1.2
0.7

Rank in
United States

Dollars
2007
28,601
41,267
28,980
28,758
28,803
37,145
34,908
31,382
37,798
31,869
47,501
41,769
38,362
32,639
30,419
33,960
33,550
40,809
32,594
26,382
32,790
33,344
31,656
26,924
31,054
32,924
34,899
36,105
37,566
29,173
36,544
32,363
33,417
28,863
31,659
29,481
35,601
38,726
29,929
33,858
30,472
28,995
33,963
30,269
31,833
30,150
33,673
34,792
33,038
35,286
27,988
36,278
35,074
31,361
33,558
37,434
32,142
26,369
38,241
30,359
49,900
28,346
29,984
25,496
32,551
43,683
33,055
36,532
44,333
29,099
37,134
33,341
38,633
37,092
32,374
28,576
34,863
31,440
40,171
36,771
31,730
32,826
29,830
29,710
28,870
28,535

2008
30,101
41,667
28,675
30,523
29,789
38,571
35,526
32,483
39,147
32,098
48,010
42,506
39,028
33,357
30,749
35,273
34,595
40,927
33,193
27,666
33,981
32,263
33,469
28,071
32,294
33,522
36,329
38,969
39,812
31,518
39,054
32,537
34,330
29,488
32,603
30,433
36,541
38,848
30,714
34,176
30,997
29,947
34,277
30,195
33,018
31,364
35,855
36,665
33,582
36,533
28,402
37,060
35,405
32,179
34,044
35,683
33,135
26,734
39,106
31,055
50,755
29,036
30,230
27,224
33,009
45,205
33,298
39,019
45,835
30,583
38,259
33,639
39,297
38,273
33,856
29,610
36,054
32,456
40,028
39,932
31,826
33,970
30,682
31,221
30,228
29,663

2009p
31,420
39,514
27,708
31,311
30,471
38,065
35,344
31,668
38,991
31,479
45,982
41,790
37,541
33,097
31,119
34,722
34,387
40,116
32,745
28,154
35,411
30,180
32,814
28,638
32,244
32,826
36,063
38,856
39,159
30,479
40,917
31,562
34,111
29,623
32,477
30,446
34,984
37,368
30,053
33,462
30,724
29,869
34,122
28,657
32,994
31,877
35,328
34,197
32,983
36,718
27,109
36,248
34,300
32,094
32,773
35,540
33,161
26,371
39,231
30,795
49,667
28,831
29,317
26,681
31,735
45,486
32,705
38,060
43,568
31,269
38,090
32,318
38,339
37,985
33,632
29,343
35,495
31,985
38,801
44,664
30,797
34,093
30,695
32,114
29,378
29,586

Percent change from
preceding period
2008

323
56
344
312
329
109
174
256
91
269
19
50
96
233
300
184
197
62
237
354
211
265
230
349
263
228
148
99
78
283
95
255
201
335
252
315
141
102
302
204
297
328
203
321
242
290
159
140
227
143
346
134
179
268
207
165
239
357
93
296
15
340
319
356
243
35
236
97
32
308
114
222
88
113
215
334
153
257
71
74
274
213
304
293
320
332

5.2
1.0
-1.1
6.1
3.4
3.8
1.8
3.5
3.6
0.7
1.1
1.8
1.7
2.2
1.1
3.9
3.1
0.3
1.8
4.9
3.6
-3.2
5.7
4.3
4.0
1.8
4.1
7.9
6.0
8.0
6.9
0.5
2.7
2.2
3.0
3.2
2.6
0.3
2.6
0.9
1.7
3.3
0.9
-0.2
3.7
4.0
6.5
5.4
1.6
3.5
1.5
2.2
0.9
2.6
1.4
-4 .7
3.1
1.4
2.3
2.3
1.7
2.4
0.8
6.8
1.4
3.5
0.7
6.8
3.4
5.1
3.0
0.9
1.7
3.2
4.6
3.6
3.4
3.2
-0 .4
8.6
0.3
3.5
2.9
5.1
4.7
4.0

2009 p
4.4
-5 .2
-3 .4
2.6
2.3
-1.3
-0.5
-2.5
-0.4
-1 .9
-4 .2
-1.7
-3.8
-0.8
1.2
-1.6
-0.6
-2.0
-1.3
1.8
4.2
-6.5
-2.0
2.0
-0.2
-2.1
-0.7
-0.3
-1 .6
-3 .3
4.8
-3 .0
-0 .6
0.5
-0.4
0.0
-4 .3
-3 .8
-2.2
-2.1
-0 .9
-0 .3
-0 .5
-5.1
-0.1
1.6
-1.5
-6 .7
-1 .8
0.5
-4 .6
-2.2
-3.1
-0 .3
-3 .7
-0 .4
0.1
-1 .4
0.3
-0 .8
-2.1
-0.7
-3 .0
-2 .0
-3 .9
0.6
-1 .8
-2.5
-4.9
2.2
-0 .4
-3 .9
-2 .4
-0 .8
-0 .7
-0 .9
-1 .6
-1 .5
-3.1
11.9
-3 .2
0.4
0.0
2.9
-2.8
-0.3

D-80

Regional Data

November 2010

Table J.1. Personal Income and Per Capita Personal Income by Metropolitan Area, 2007-2009—Continues
Personal income
Area

See the footnotes at the end of the table.




Percent change from
preceding period 2

Millions of dollars
2007

Kalamazoo-Portage, M l....................................................
Kankakee-Bradley, IL.........................................................
Kansas City, MO-KS..........................................................
Kennewick-Pasco-Richiand, W A .....................................
Killeen-Temple-Fort Hood, T X .........................................
Kingsport-Bristol-Bristol, TN-VA......................................
Kingston, N Y ...............
Knoxville, T N ...............
Kokomo, IN .........................................................................
LaCrosse, WI-MN.............................................................
Lafayette, IN ....
Lafayette, LA....
Lake Charles, LA
Lake Havasu City-Kingman, A Z ......................................
Lakeland-Winter Haven, FL ..............................................
Lancaster, P A ..
Lansing-East Lansing, M l.................................................
Laredo, TX
...................................................................
Las Cruces, NM..................................................................
Las Vegas-Paradise, NV....................................................
Lawrence, K S ..
Lawton, OK
Lebanon, PA....
Lewiston, ID-WA
Lewiston-Auburn, M E ........................................................
Lexington-Fayette, K Y .......................................................
Lima, O H ...............................................
Lincoln, N E ............................................
Little Rock-North Little Rock-Conway, A R ......................
Logan, UT-ID ........................................
................
Longview, TX...
Longview, WA..
Los Angeles-Long Beach-Santa Ana, C A ......................
Louisville-Jefferson County, KY-IN...................................
Lubbock, TX
Lynchburg, VA
Macon, GA
Madera-Chowchilla, CA .....................................................
Madison, W l.......................................................................
Manchester-Nashua, NH ..................................................
Manhattan, KS
Mankato-North Mankato, M N ...........................................
Mansfield, OH.....................................................................
McAllen-Edinburg-Mission, T X .........................................
Medford, OR....
Memphis, TN-MS-AR
Merced, CA
Miami-Fort Lauderdale-Pompano Beach, F L ................
Michigan City-La Porte, I N ...............................................
Midland, TX
...................................................................
Milwaukee-Waukesha-West Allis, W l..............................
Minneapolis-St. Paul-Bloomington, MN-W I....................
Missoula, M T ......................................................................
Mobile, AL
Modesto, CA....
Monroe, LA
Monroe, M l..........................................................................
Montgomery, A L .................................................................
Morgantown, W V ................................................................
Morristown, T N ...................................................................
Mount Vernon-Anacortes, W A..........................................
Muncie, IN ...........................................................................
Muskegon-Norton Shores, M l..........................................
Myrtle Beach-North Myrtle Beach-Conway, S C ............
Napa, CA.............................................................................
Naples-Marco Island, F L ..................................................
Nashville-Davidson-Murfreesboro-Franklin, T N ............
New Haven-Milford, C T .....................................................
New Orleans-Metairie-Kenner, LA...................................
New York-Northern New Jersey-Long Island, NY-NJ-PA
Niles-Benton Harbor, M l...................................................
North Port-Bradenton-Sarasota, F L ................................
Norwich-New London, C T ................................................
Ocala, FL
...................................................................
Ocean City, NJ.
Odessa, TX
Ogden-Clearfield, U T ........................................................
Oklahoma City, OK
Olympia, WA....
Omaha-Council Bluffs, NE-IA...........................................
Orlando-Kissimmee-Sanford, FL .....................................
Oshkosh-Neenah, W l........................................................
Owensboro, K Y ..................................................................

10,563
3,396
80,154
7,368
13,102
9,274
6,488
23,316
3,297
4,479
5,702
9,906
6,572
5,005
18,583
17,874
14,869
5,088
5,281
73,444
3,519
3,752
4,477
1,974
3,570
16,512
3,161
10,687
26,042
3,052
6,933
2,933
555,946
46,378
8,426
7,925
7,566
3,808
24,113
18,012
4,292
3,118
3,645
13,320
6,825
49,107
6,802
234,822
3,259
6,252
64,768
150,181
3,679
11,947
15,605
5,356
5,078
12,817
3,771
3,611
4,335
3,271
4,773
7,455
6,820
20,140
60,049
38,551
48,912
1,018,093
5,239
33,611
12,063
9,961
4,310
4,139
16,871
44,274
9,426
34,979
72,381
5,837
3,479

2008
10,919
3,545
82,653
7,837
14,071
9,657
6,694
24,017
3,257
4,645
5,991
10,438
6,908
5,124
18,901
18,303
15,386
5,387
5,611
75,013
3,608
3,959
4,640
2,047
3,727
16,897
3,182
11,027
26,369
3,236
7,371
3,016
568,435
47,484
8,812
8,267
7,879
3,914
24,828
18,358
4,697
3,298
3,717
14,224
6,911
50,094
6,810
236,645
3,399
6,970
66,396
154,282
3,776
12,506
15,977
5,571
5,105
13,209
3,980
3,744
4,497
3,372
4,899
7,604
6,969
19,739
61,893
39,673
48,775
1,041,636
5,398
33,413
12,341
10,216
4,438
4,542
17,416
46,951
9,820
36,098
73,612
6,020
3,691

Per capita personal incom e1

2009 p
10,770
3,550
81,915
8,201
14,698
9,642
6,619
23,801
3,070
4,677
5,943
10,249
6,632
5,035
18,640
18,071
15,271
5,410
5,832
71,275
3,637
4,161
4,652
2,031
3,766
16,807
3,190
11,024
26,563
3,210
7,209
3,060
551,271
47,208
8,899
8,221
7,886
3,913
24,480
17,916
4,966
3,232
3,651
14,615
6,895
48,929
6,699
229,380
3,320
6,542
65,031
149,594
3,770
12,544
15,886
5,634
4,971
13,181
4,141
3,700
4,438
3,393
4,819
7,482
6,809
18,331
60,548
39,114
47,419
998,777
5,320
31,968
12,296
10,046
4,481
4,326
17,339
46,525
9,938
36,029
71,458
5,917
3,736

2008
3.4
4.4
3.1
6.4
7.4
4.1
3.2
3.0
-1.2
3.7
5.1
5.4
5.1
2.4
1.7
2.4
3.5
5.9
6.3
2.1
2.5
5.5
3.6
3.7
4.4
2.3
0.7
3.2
1.3
6.0
6.3
2.8
2.2
2.4
4.6
4.3
4.1
2.8
3.0
1.9
9.4
5.7
2.0
6.8
1.3
2.0
0.1
0.8
4.3
11.5
2.5
2.7
2.6
4.7
2.4
4.0
0.5
3.1
5.6
3.7
3.7
3.1
2.6
2.0
2.2
-2.0
3.1
2.9
-0.3
2.3
3.0
-0 .6
2.3
2.6
3.0
9.7
3.2
6.0
4.2
3.2
1.7
3.1
6.1

2009p
-1 .4
0.2
-0 .9
4.6
4.5
-0.2
-1.1
-0 .9
-5 .7
0.7
-0.8
-1.8
^t.O
-1 .7
-1 .4
-1 .3
-0 .7
0.4
3.9
-5 .0
0.8
5.1
0.3
-0 .8
1.1
-0 .5
0.3
0.0
0.7
-0 .8
-2 .2
1.5
-3 .0
-0.6
1.0
-0.5
0.1
0.0
-1 .4
-2 .4
5.7
-2.0
-1 .8
2.8
-0.2
-2 .3
-1 .6
-3.1
-2.3
-6.1
-2.1
-3 .0
-0.1
0.3
-0 .6
1.1
-2 .6
-0 .2
4.0
-1 .2
-1.3
0.6
-1.6
-1 .6
-2 .3
-7.1
-2 .2
-1 .4
-2 .8
-4.1
-1 .4
-4 .3
-0 .4
-1 .7
1.0
-4 .7
-0.4
-0 .9
1.2
-0.2
-2.9
-1 .7
1.2

Rank in
United States

Dollars
2007
32,746
30,393
39,841
32,180
35,255
30,548
35,738
34,180
33,035
34,192
29,795
38,570
34,312
25,557
32,404
35,794
32,643
22,041
26,642
39,945
31,028
32,764
34,926
32,939
33,461
36,250
30,131
36,749
39,074
25,259
34,169
29,170
43,801
37,491
31,306
32,563
32,895
26,225
43,455
44,726
36,244
33,985
28,922
18,979
34,409
38,050
27,98